As filed with the Securities and Exchange Commission on May 2, 2014
Registration No. 333-195062
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Amendment No. 1
to
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
MEMORIAL RESOURCE DEVELOPMENT CORP.
(Exact name of registrant as specified in its charter)
Delaware | 1311 | 46-4710769 | ||
(State or other jurisdiction of incorporation or organization) |
(Primary Standard Industrial Classification Code Number) |
(I.R.S. Employer Identification Number) |
1301 McKinney Street, Suite 2100
Houston, Texas 77010
(713) 588-8300
(Address, including zip code, and telephone number, including area code, of registrants principal executive offices)
Kyle N. Roane
Vice President, General Counsel and Corporate Secretary
Memorial Resource Development Corp.
1301 McKinney Street, Suite 2100
Houston, Texas 77010
(713) 588-8300
(Name, address, including zip code, and telephone number, including area code, of agent for service)
With copies to:
John Goodgame Shar Ahmed Akin Gump Strauss Hauer & Feld LLP 1111 Louisiana Street, 44th Floor Houston, TX 77002 (713) 220-5800 |
Douglas E. McWilliams Vinson & Elkins L.L.P. 1001 Fannin, Suite 2500 Houston, TX 77002 (713) 758-2222 |
Approximate date of commencement of proposed sale of the securities to the public: As soon as practicable after this Registration Statement becomes effective.
If any of the securities being registered on this form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box: ¨
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act.
Large Accelerated filer | ¨ | Accelerated filer | ¨ | |||
Non-accelerated filer | x (Do not check if a smaller reporting company) | Smaller reporting company | ¨ |
CALCULATION OF REGISTRATION FEE
| ||||
Title of each class of securities to be registered |
Proposed maximum aggregate offering price(1)(2) |
Amount of registration fee | ||
Common Stock, $0.01 par value per share |
$700,000,000 | $90,160 | ||
|
(1) | Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o) under the Securities Act of 1933, as amended. |
(2) | Includes shares issuable upon the underwriters exercise of its overallotment option. |
The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until this Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.
The information in this preliminary prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary prospectus is not an offer to sell securities and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.
SUBJECT TO COMPLETION, DATED MAY 2, 2014
PRELIMINARY PROSPECTUS
Shares
Memorial Resource Development Corp.
Common Stock
$ per share
This is our initial public offering. We are selling shares of common stock, and MRD Holdings LLC is selling shares of our common stock. We expect the public offering price to be between $ and $ per share. MRD Holdings LLC has granted the underwriters a 30-day option to purchase up to an additional shares of common stock. We will not receive any proceeds from the sale of shares by MRD Holdings LLC, including any shares that it may sell pursuant to the underwriters option to purchase additional shares of common stock.
Currently, no public market exists for our common stock. We have applied to list our common stock on the NASDAQ Global Market under the symbol MRD. Following the completion of this offering, we will be a controlled company as defined under the NASDAQ listing rules because the group consisting of affiliates of Natural Gas Partners will beneficially own over 50% of our shares of outstanding common stock. See Principal and Selling Stockholders.
Investing in our common stock involves risks that are described in the Risk Factors section beginning on page 24 of this prospectus.
We are an emerging growth company as that term is used in the Jumpstart Our Business Startups Act of 2012, and as such, we have elected to take advantage of certain reduced public company reporting requirements for this prospectus and future filings. See Risk Factors and SummaryEmerging Growth Company Status.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.
Per Share | Total | |||||||
Initial Public Offering Price |
$ | $ | ||||||
Underwriting Discounts and Commissions |
$ | $ | ||||||
Proceeds, Before Expenses, to Us |
$ | $ | ||||||
Proceeds, Before Expenses, to MRD Holdings LLC |
$ | $ |
The underwriters expect to deliver the shares of common stock on or about , 2014.
Joint Book-Running Managers
Citigroup | Barclays | |||
BofA Merrill Lynch | BMO Capital Markets | Goldman, Sachs & Co. | ||
Raymond James | RBC Capital Markets | Wells Fargo Securities |
Co-Managers
Credit Suisse | Morgan Stanley | Scotiabank / Howard Weil | ||
Simmons & Company International | Stephens Inc. | Stifel | ||
UBS Investment Bank | Wunderlich Securities |
The date of this prospectus is , 2014.
[Inside cover art to be provided]
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MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |
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F-1 | ||||
A-1 | ||||
B-1 | ||||
B-14 |
You should rely only on the information contained in this prospectus. Neither we, MRD Holdings LLC, nor the underwriters have authorized any person to provide you with any information or represent anything about us or this offering that is not contained in this prospectus. If given or made, any such other information or representation should not be relied upon as having been authorized by us. Neither we nor MRD Holdings LLC are making an offer in any jurisdiction where an offer or sale is not permitted. The information contained in this prospectus is current only as of its date.
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Commonly Used Defined Terms
As used in this prospectus, unless we indicate otherwise:
| the Company, we, our, us and our company or like terms refer collectively to (i) Memorial Resource Development Corp. and its subsidiaries (other than MEMP and its subsidiaries) for periods after the restructuring transactions described below and (ii) our predecessor (as described below) other than MEMP and its subsidiaries for periods prior to the restructuring transactions; |
| Memorial Production Partners, MEMP and the Partnership refer to Memorial Production Partners LP individually and collectively with its subsidiaries, as the context requires. Following the restructuring transactions described below, we will own the general partner of MEMP as well as 50% of MEMPs incentive distribution rights; |
| MEMP GP refers to Memorial Production Partners GP LLC, the general partner of the Partnership, which we will own following completion of the restructuring transactions described below; |
| MRD Holdings refers to MRD Holdings LLC, a holding company owned by the Funds that will own shares of our common stock following completion of the restructuring transactions described below and this offering, assuming that the underwriters do not exercise their option to purchase additional shares from MRD Holdings. |
| MRD LLC refers to Memorial Resource Development LLC, which has historically owned our predecessors business and will be merged into MRD Operating LLC, our subsidiary, after completion of the restructuring transactions described below; |
| WildHorse Resources refers to WildHorse Resources, LLC and its subsidiaries, which owns our interest in the Terryville Complex and will be our 100% owned subsidiary following completion of the restructuring transactions described below; |
| our predecessor refers collectively to MRD LLC and its consolidated subsidiaries, consisting of Classic Hydrocarbons Holdings, L.P., Classic Hydrocarbons GP Co., L.L.C., Black Diamond Minerals, LLC, Beta Operating Company, LLC, MEMP GP, BlueStone, MRD Operating LLC, WildHorse Resources and each of their respective subsidiaries, including MEMP and its subsidiaries; |
| the Funds refers collectively to Natural Gas Partners VIII, L.P., Natural Gas Partners IX, L.P. and NGP IX Offshore Holdings, L.P., which collectively own MRD Holdings; |
| restructuring transactions means the transactions described beginning on page 13 that will take place in connection with and after the closing of this offering and pursuant to which we will acquire assets of MRD LLC (not including its interests in BlueStone, MRD Royalty, MRD Midstream or Classic Pipeline) that comprise substantially all of the assets of MRD LLC; |
| BlueStone refers to BlueStone Natural Resources Holdings, LLC, which sold substantially all of its assets in July 2013 for approximately $117.9 million; |
| NGP refers to Natural Gas Partners, a family of private equity investment funds organized to make direct equity investments in the energy industry, including the Funds; |
| MRD Royalty refers to MRD Royalty LLC, which owns certain immaterial leasehold interests and overriding royalty interests in Texas and Montana; |
| MRD Midstream refers to MRD Midstream LLC, which owns an indirect interest in certain immaterial midstream assets in North Louisiana; and |
| Classic Pipeline refers to Classic Pipeline & Gathering, LLC, which owns certain immaterial midstream assets in Texas. |
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Industry and Market Data
The market data and certain other statistical information used throughout this prospectus are based on independent industry publications, government publications or other published independent sources. Some data is also based on our good faith estimates. Although we believe these third-party sources are reliable and that the information is accurate and complete, neither we nor MRD Holdings have independently verified the information.
Equivalency
This prospectus presents certain production and reserves-related information on an equivalency basis. When we refer to oil and natural gas in equivalents, we are doing so to compare quantities of oil with quantities of natural gas. In calculating equivalents, we use a generally recognized standard in which one Bbl of oil and/or NGLs is equivalent to six Mcf of natural gas. This calculation is based on an approximate energy equivalency and does not imply or reflect a value or price relationship.
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This summary highlights information appearing elsewhere in this prospectus. You should read the entire prospectus carefully, including Risk Factors beginning on page 24 and the historical and pro forma financial statements and the related notes to those financial statements. Certain oil and gas industry terms, including the terms proved reserves, probable reserves and possible reserves, used in this prospectus are defined in the Glossary of Oil and Natural Gas Terms in Appendix A of this prospectus.
Because we control MEMP through our ownership of its general partner, we are required to consolidate MEMP for accounting and financial reporting purposes even though we only own a minority of its limited partner interests. Our financial statements include two reportable business segments: (i) the MRD Segment, which reflects all of our operations except for MEMP and its subsidiaries, and (ii) the MEMP Segment, which reflects the operations of MEMP and its subsidiaries. Except with respect to our consolidated and combined financial statements or as otherwise indicated, the description of our business, properties, strategies and other information in this summary does not include the business, properties or results of operations of BlueStone, MRD Royalty, MRD Midstream and Classic Pipeline (the assets of which are included in our predecessor but will not be conveyed to us in the restructuring transactions) or MEMP. Our proved reserves as of December 31, 2013 have been prepared by Netherland, Sewell & Associates, Inc., our independent reserve engineers (NSAI), and our probable and possible reserves as of December 31, 2013 have been prepared by our internal reserve engineers and audited by NSAI, all of which are reflected in our reserve reports (which we collectively refer to as our reserve report), summaries of which are included in Appendices B-1 and B-2 of this prospectus.
Information expressed on a pro forma basis in this summary gives effect to certain transactions as if they had occurred on December 31, 2013 for pro forma balance sheet purposes and on January 1, 2013 for pro forma statements of operations purposes. For a description of these transactions, please read Summary Historical Consolidated and Combined Pro Forma Financial Data and Our Structure and Restructuring Transactions. Where applicable, we have assumed an initial public offering price of per share, the midpoint of the price range set forth on the cover page of this prospectus.
Overview
We are an independent natural gas and oil company focused on the exploitation, development, and acquisition of natural gas, NGL and oil properties with a majority of our activity in the Terryville Complex of North Louisiana, where we are targeting overpressured, liquids-rich natural gas opportunities in multiple zones in the Cotton Valley formation. Our total leasehold position is 347,458 gross (205,818 net) acres, of which 60,041 gross (51,522 net) acres are in what we believe to be the core of the Terryville Complex. We are focused on creating shareholder value primarily through the development of our sizeable horizontal inventory. As of December 31, 2013, we had 1,582 gross (1,091 net) identified horizontal drilling locations, of which over 1,431 gross (994 net) identified horizontal drilling locations are located in the Terryville Complex. These total net identified horizontal drilling locations represent an inventory of over 32 years based on our expected 2014 drilling program. We believe our inventory to be repeatable and capable of generating high returns based on the extensive production history in the area, the results of our horizontal wells drilled to date, and the consistent reservoir quality across multiple target formations.
As of December 31, 2013, we had estimated proved, probable and possible reserves of approximately 1,126 Bcfe, 800 Bcfe and 1,711 Bcfe, respectively. As of such date, we operated 98% of our proved reserves, 71% of which were natural gas. For the three months ended December 31, 2013, 45% of our pro forma MRD Segment revenues were attributable to natural gas production, 28% to NGLs and 27% to oil. For the year ended December 31, 2013, we generated pro forma MRD Segment Adjusted EBITDA of $159 million and pro forma net income of $ million, and made pro forma total capital expenditures of $203 million, including $70 million
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for wells coming online in 2014. Please see Summary Historical Consolidated and Combined Pro Forma Financial DataAdjusted EBITDA for an explanation of the basis for the pro forma presentation and our use of Adjusted EBITDA to measure the MRD Segments profitability.
Our average net daily production for the three months ended December 31, 2013 was 137 MMcfe/d (approximately 70% natural gas, 22% NGLs and 8% oil) and our reserve life was 23 years. As of December 31, 2013, we produced from 95 horizontal wells and 800 vertical wells. The Terryville Complex represented 83% of our total net production for the three months ended December 31, 2013. Our estimated average net daily production for the period from April 1 through April 30, 2014 was 179 MMcfe/d, of which 73% was from natural gas. Our estimated average net daily production from our properties in the Terryville Complex for the same period was 141 MMcfe/d, or 79% of our total production. In the Terryville Complex, we have completed and brought online six additional horizontal wells since January 1, 2014, bringing our total number of producing horizontal wells to 27 in our primary formations. The 24-hour initial production rates of our four most recent wells averaged 26.6 MMcfe/d.
The following chart provides information regarding our production growth and the increasing proportion of our horizontal well production since the beginning of 2012.
Our Properties
Cotton ValleyOverview
The Cotton Valley formation extends across East Texas, North Louisiana and Southern Arkansas. The formation has been under development since the 1930s and is characterized by thick, multi-zone natural gas and oil reservoirs with well-known geologic characteristics and long-lived, predictable production profiles. Over 21,000 vertical wells have been completed throughout the play. In 2005, operators started redeveloping the
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Cotton Valley using horizontal drilling and advanced hydraulic fracturing techniques. To date, operators have drilled over 600 horizontal Cotton Valley wells. Some large, analogous redevelopment projects in the Cotton Valley include the Nan-Su-Gail Field in Freestone County, East Texas, where over 40 horizontal wells have been drilled by operators such as Devon Energy Corporation and Marathon Oil Corporation, and the Carthage Complex in Panola County, East Texas, where operators such as ExxonMobil Corporation, ConocoPhillips and Anadarko Petroleum Corporation have drilled over 153 horizontal wells.
Cotton ValleyTerryville Complex Horizontal Redevelopment
We are currently engaged in the horizontal redevelopment of the Terryville Complex in Lincoln Parish, Louisiana utilizing horizontal drilling and completion techniques similar to those employed at the Nan-Su-Gail Field, Carthage Complex in East Texas and other major resource plays across the United States. We have assembled a largely contiguous acreage position in the Terryville Complex of approximately 60,041 gross (51,522 net) acres as of December 31, 2013. The majority of our current and planned development is focused in and around what we believe to be the core of the Terryville Complex.
We entered the Terryville Complex via an acquisition from Petrohawk Energy Corporation in April 2010, with the goal of redeveloping the field with horizontal drilling and modern completion techniques. Since that acquisition, we have completed multiple bolt-on acquisitions and in-fill leases to build our current position. We believe the Terryville Complex, which has been producing since 1954, is one of North Americas most prolific natural gas fields, characterized by high recoveries relative to drilling and completion costs, high initial production rates with high liquids yields, long reserve life, multiple stacked producing zones, available infrastructure and a large number of service providers.
After initially drilling eight vertical pilot wells in the Terryville Complex, we commenced a horizontal drilling program in 2011 to further delineate and define our position. In 2013, we shifted our operational focus to full-scale horizontal redevelopment of the Terryville Complex, going from two rigs to four rigs by the end of that year. Additionally, in the fourth quarter of 2013, we moved to drilling on multi-well pads that allow us to more efficiently drill wells and control costs as we develop our stacked pay zones. We intend to dedicate approximately $264 million of our $316 million drilling and completion budget in 2014 to develop multiple zones within the Terryville Complex, where we expect to drill and complete 35 gross (30 net) wells. Our horizontal redevelopment program in the Terryville Complex will be focused on increasing our well performance and recoveries.
Within the Terryville Complex, as of December 31, 2013, we had 945 Bcfe, 688 Bcfe and 1,643 Bcfe of estimated proved, probable and possible reserves, respectively, and a drilling inventory consisting of 1,431 gross (994 net) identified horizontal drilling locations, including 91 gross (72 net) drilling locations to which we have attributed proved undeveloped reserves as of December 31, 2013. Since initiating our horizontal drilling program in 2011, we have drilled 27 gross (22.0 net) horizontal wells, growing our gross daily production in the Terryville Complex by 304% from 53.0 MMcfe/d for the three months ended March 31, 2010 to 214.0 MMcfe/d for the month ended April 30, 2014. For the three months ended December 31, 2013, 42% of our revenues from the Terryville Complex were attributable to natural gas, 29% to NGLs and 29% to oil. Within the Terryville Complex, on a proved reserves basis, we operate approximately 99% of our existing acreage and hold an average working interest of approximately 74% across our acreage. Our high operating control allows us to more efficiently and economically manage the redevelopment of this extensive resource.
We believe seismic data, as well as information gathered from the results of our existing 275 vertical and 27 horizontal wells throughout the field, support the existence of at least ten stacked pay zones across the Terryville Complex. Our redevelopment program currently targets four of the stacked pay zones in the Cotton Valley formationzones we term the Upper Red, Lower Red, Lower Deep Pink and Upper Deep Pink, all of which we
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are developing with horizontal wells through pad drilling. These four zones have an overall thickness ranging from 400 to 890 feet across our acreage position. We believe the overpressured nature of this section of the Cotton Valley formation is highly productive when accessed through horizontal drilling and fracture stimulation technologies. These qualities, when combined with the liquids-rich nature of the natural gas, high initial rates of production and competitive well costs, produce what we believe to be amongst the highest rate of return wells in the nation. Further, there are additional opportunities for redevelopment in the zones above the four main zones. NSAI has allocated over $1 billion PV-10 and 677 Bcfe to our possible reserve category for the redevelopment of these additional zones. Please see Reserves.
The table below details certain information on estimated ultimate recoveries and production for the 27 horizontal wells currently producing in the Terryville Complex. Our well results have shown consistency in initial production, decline rates and estimated ultimate recovery. The consistency of these results gives us confidence that the full-scale redevelopment of the Terryville Complex we began in 2013 will be successful as we move from four to five rigs in 2014. Please see BusinessOur PropertiesCotton ValleyTerryville Complex Horizontal Redevelopment for more detail on our properties in the Terryville Complex and the table on page 92 for more detail on the average EUR and cumulative production of our properties in the Terryville Complex.
Lateral Length (Feet) |
Producing Wells | First Production |
Days Producing |
Cumulative Production (Bcfe) |
Gross Wellhead Flow Rates After Processing (MMcfe/d)(3)(4) |
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Well Name (1) |
EUR (Bcfe)(2) |
EUR BCFe/ 1,000 |
0-30 | 0-90 | 91-180 | 181-360 | D&C ($MM) |
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Upper Red Zone |
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LD Barnett 23H-2 |
4,015 | 13.6 | 3.4 | 1/30/2012 | 821 | 4.6 | 14.5 | 12.0 | 7.7 | 5.6 | 6.7 | |||||||||||||||||||||||||||||||||
Colquitt 20 17H-1 |
4,357 | 11.2 | 2.6 | 7/30/2012 | 639 | 3.8 | 17.5 | 12.6 | 7.2 | 5.1 | 7.7 | |||||||||||||||||||||||||||||||||
Dowling 22 15H-1 |
5,376 | 16.8 | 3.1 | 9/22/2012 | 585 | 5.1 | 16.3 | 15.6 | 11.1 | 8.2 | 8.8 | |||||||||||||||||||||||||||||||||
Nobles 13H-1 |
4,216 | 11.6 | 2.8 | 11/17/2012 | 529 | 4.2 | 21.5 | 16.7 | 9.9 | 6.5 | 7.8 | |||||||||||||||||||||||||||||||||
Sidney McCullin 16 21H-1 |
4,604 | 16.9 | 3.7 | 1/19/2013 | 466 | 4.4 | 17.4 | 14.2 | 10.8 | 8.4 | 8.1 | |||||||||||||||||||||||||||||||||
Wright 14 11 HC-1 |
5,250 | 18.0 | 3.4 | 5/27/2013 | 338 | 4.4 | 19.6 | 18.1 | 16.1 | 8.8 | ||||||||||||||||||||||||||||||||||
BF Fallin 22 15H-1 |
5,122 | 15.6 | 3.0 | 6/17/2013 | 317 | 3.1 | 14.8 | 13.7 | 11.8 | 7.5 | ||||||||||||||||||||||||||||||||||
Dowling 20 17H-1 |
4,327 | 8.9 | 2.1 | 7/22/2013 | 282 | 2.0 | 15.2 | 11.0 | 5.7 | 10.7 | ||||||||||||||||||||||||||||||||||
Gleason 31H-1 |
3,692 | 2.5 | 0.7 | 8/12/2013 | 261 | 0.5 | 3.5 | 2.7 | 1.8 | 9.4 | ||||||||||||||||||||||||||||||||||
Burnett 26H-1 |
2,405 | 4.2 | 1.7 | 9/22/2013 | 220 | 0.9 | 6.9 | 5.5 | 3.3 | 6.6 | ||||||||||||||||||||||||||||||||||
Drewett 17 8H-1 |
4,010 | 14.0 | 3.5 | 11/13/2013 | 168 | 2.6 | 22.1 | 18.7 | 7.7 | |||||||||||||||||||||||||||||||||||
Wright 13 12 HC-2 |
6,009 | 18.1 | 3.0 | 12/21/2013 | 130 | 2.4 | 22.7 | 19.3 | 8.0 | |||||||||||||||||||||||||||||||||||
LA Minerals 15 22H-2 |
5,814 | N/A | N/A | 1/21/2014 | 99 | 1.6 | 18.1 | 16.7 | 9.3 | |||||||||||||||||||||||||||||||||||
TL McCrary 14 11 HC-5 |
5,875 | N/A | N/A | 4/14/2014 | 16 | 0.4 | 7.8 | |||||||||||||||||||||||||||||||||||||
Wright 13 24 HC-1 |
6,678 | N/A | N/A | 4/14/2014 | 16 | 0.4 | 8.9 | |||||||||||||||||||||||||||||||||||||
Wright 13 24 HC-3 |
6,606 | N/A | N/A | 4/14/2014 | 16 | 0.4 | 7.6 | |||||||||||||||||||||||||||||||||||||
Lower Red Zone |
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TL McCrary 14H-1 |
4,544 | 12.8 | 2.8 | 5/1/2012 | 729 | 4.0 | 14.4 | 11.7 | 8.3 | 5.4 | 7.7 | |||||||||||||||||||||||||||||||||
Nobles 13H-2 |
4,060 | 9.2 | 2.3 | 11/17/2012 | 529 | 3.1 | 16.0 | 11.9 | 8.4 | 5.2 | 7.8 | |||||||||||||||||||||||||||||||||
LA Methodist Orphanage 14H-1 |
3,637 | 12.1 | 3.3 | 2/15/2013 | 439 | 3.5 | 13.9 | 13.0 | 9.7 | 6.3 | 9.1 | |||||||||||||||||||||||||||||||||
Dowling 21 16H-1 |
4,590 | 9.4 | 2.0 | 3/18/2013 | 408 | 2.5 | 13.0 | 10.1 | 6.5 | 4.5 | 6.6 | |||||||||||||||||||||||||||||||||
Drewett 17 8H-2 |
3,700 | 3.7 | 1.0 | 11/13/2013 | 168 | 0.8 | 8.7 | 6.2 | 6.8 | |||||||||||||||||||||||||||||||||||
Wright 13 12 HC-1 |
5,409 | 8.2 | 1.5 | 12/21/2013 | 130 | 1.3 | 14.7 | 11.3 | 9.1 | |||||||||||||||||||||||||||||||||||
LA Minerals 15 22H-1 |
5,926 | N/A | N/A | 1/21/2014 | 99 | 1.1 | 13.8 | 11.1 | 8.0 | |||||||||||||||||||||||||||||||||||
Wright 13 24 HC-4 |
6,518 | N/A | N/A | 4/14/2014 | 16 | 0.3 | 10.3 | |||||||||||||||||||||||||||||||||||||
Lower Deep Pink Zone |
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LA Methodist Orphanage 14H-2 |
3,550 | 12.2 | 3.4 | 2/15/2013 | 439 | 3.1 | 14.2 | 11.6 | 7.6 | 5.6 | 6.1 | |||||||||||||||||||||||||||||||||
Wright 13 12 HC-3 |
5,706 | 6.3 | 1.1 | 12/21/2013 | 130 | 1.1 | 12.4 | 9.3 | 7.1 | |||||||||||||||||||||||||||||||||||
Wright 13 12 HC-4 |
5,010 | 5.0 | 1.0 | 12/21/2013 | 130 | 1.0 | 11.8 | 8.7 | 6.1 | |||||||||||||||||||||||||||||||||||
Averages |
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All Wells |
4,852 | 11.0 | 2.5 | 301 | 2.3 | 14.9 | 12.2 | 8.4 | 6.1 | 8.0 | ||||||||||||||||||||||||||||||||||
Upper Red |
4,897 | 12.6 | 2.7 | 306 | 2.6 | 16.2 | 13.6 | 8.5 | 6.8 | 8.2 | ||||||||||||||||||||||||||||||||||
Lower Red |
4,798 | 9.2 | 2.2 | 315 | 2.1 | 13.5 | 10.7 | 8.2 | 5.4 | 8.2 | ||||||||||||||||||||||||||||||||||
Lower Deep Pink |
4,755 | 7.8 | 1.8 | 233 | 1.7 | 12.8 | 9.9 | 7.6 | 5.6 | 6.4 |
(1) | The majority of the wells in this table are included within our proved developed producing reserve category in our reserve report as of December 31, 2013. LA Minerals 15 22H-1, LA Minerals 15 22H-2, TL McCrary 14 II HC-5, Wright 13 24 HC-1, Wright 13 24 HC-3 and Wright 13 24 HC-4 each started producing in 2014 so they have not been included in the year-end reserve report. |
(2) | EUR represents the Estimated Ultimate Recovery or sum of total gross remaining reserves attributable to each location in our reserve report and cumulative sales from such location. EUR is shown on a combined basis for oil/condensates, gas and NGLs after the effects of processing. |
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(3) | Production data is as of April 30, 2014 and shown gross on a combined basis after the effects of processing. |
(4) | Periodic flow rates start on day 4, with days 1 through 3 used to allow clean up associated with well completion. The 30-day flow rates therefore start on day 4 and continue 30 days to day 33 and the 90-day flow rates go from day 4 to day 93. |
Recent Drilling Updates
During the week of April 14, 2014, we completed four new wells in the Terryville Complex. The combined 24-hour peak production for the four wells is over 95 MMcf per day. Three of the wells were drilled on one pad in the eastern edge of our property, the farthest step out from our core position to date, and produced a combined 24-hour peak production in excess of 75 MMcf per day. These production numbers are before the effects of processing and do not include oil volumes associated with these wells.
East Texas
We own and operate approximately 54,337 gross (42,894 net) acres as of December 31, 2013 in Texas, where we are currently producing primarily from the Cotton Valley, Travis Peak and Bossier formations and targeting the Cotton Valley formation for future development. From January 1, 2011 through December 31, 2013, we have drilled and completed 28 gross (10.3 net) wells and are operating one rig in East Texas as of December 31, 2013. In 2014, we plan to invest $36 million to drill and complete 8 gross (6 net) wells in East Texas in the Joaquin Field of Panola and Shelby Counties. As of December 31, 2013, we had approximately 108 gross identified horizontal drilling locations in East Texas, including 54 gross (43 net) drilling locations to which we have attributed proved undeveloped reserves as of December 31, 2013. For the three months ended December 31, 2013, our average net daily production from our East Texas properties was 21 MMcfe/d, of which 76% was natural gas. Within our East Texas properties, on a proved reserves basis, we operate approximately 94% of our existing properties.
Rockies & Other
We own approximately 162,375 gross (66,191 net) acres as of December 31, 2013 in our Rockies & Other region and for the three months ended December 31, 2013 our average net daily production from this region was 1 MMcfe/d. In 2014, we plan to operate one rig and invest $12 million to drill 3 gross (3 net) vertical wells in the Tepee Field of the Piceance Basin targeting the Mancos and Williams Fork formations. We also plan to invest $4 million to participate in 12 gross horizontal wells (1.1 net) operated by SandRidge Energy Inc. in the Mississippian oil play of Northern Oklahoma. As of December 31, 2013, we had approximately 174 gross identified vertical drilling locations in the Tepee Field in our Rockies & Other area.
5
Reserves
Our estimates of proved reserves are prepared by NSAI, and our estimates of probable and possible reserves are prepared by our management and audited by NSAI. As of December 31, 2013, we had 1,126 Bcfe, 800 Bcfe and 1,711 Bcfe of estimated proved, probable and possible reserves, respectively. As of this date, our proved reserves were 71% gas and 29% NGLs and oil. Additionally, the PV-10 of our proved reserves was $1,469 million, the PV-10 for our probable reserves was $1,052 million and the PV-10 for our possible reserves was $2,386 million. The following table provides summary information regarding our estimated proved, probable and possible reserves data by area based on our reserve report and our average net daily production by area for the three months ended December 31, 2013:
Proved Total (Bcfe) |
% Gas | % Developed |
Proved PV-10 (in millions)(1) |
Probable Total (Bcfe)(2) |
Probable PV-10 (in millions)(1) |
Possible Total (Bcfe)(2) |
Possible PV-10 (in millions)(1) |
Average Net Daily Production (MMcfe/d) |
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Terryville Complex |
945 | 71 | % | 33 | % | $ | 1,341 | 688 | $ | 1,032 | 1,643 | $ | 2,383 | 115 | ||||||||||||||||||||||
East Texas |
175 | 75 | % | 29 | % | 110 | 109 | 18 | 66 | 3 | 21 | |||||||||||||||||||||||||
Rockies & Other |
6 | 49 | % | 100 | % | 18 | 2 | 2 | 2 | 1 | 1 | |||||||||||||||||||||||||
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Total |
1,126 | 71 | % | 33 | % | $ | 1,469 | 800 | $ | 1,052 | 1,711 | $ | 2,386 | 137 | ||||||||||||||||||||||
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(1) | In this prospectus, we have disclosed our PV-10 based on our reserve report. PV-10 is a non-GAAP financial measure and represents the period-end present value of estimated future cash inflows from our natural gas and crude oil reserves, less future development and production costs, discounted at 10% per annum to reflect timing of future cash flows and using SEC pricing assumptions in effect at the end of the period. SEC pricing for natural gas and oil of $3.67 per Mcf and $93.42 per Bbl was based on the unweighted average of the first-day-of-the-month prices for each of the twelve months preceding December 2013. PV-10 differs from standardized measure, the most directly comparable GAAP financial measure, because it does not include the effects of income taxes. Moreover, GAAP does not provide a measure of estimated future net cash flows for reserves other than proved reserves. Because PV-10 estimates of probable and possible reserves are more uncertain than PV-10 and standardized estimates of proved reserves, but have not been adjusted for risk due to that uncertainty, they may not be comparable with each other. Nonetheless, we believe that PV-10 estimates for reserve categories other than proved present useful information for investors about the future net cash flows of our reserves in the absence of a comparable GAAP measure such as standardized measure. Because of this, PV-10 can be used within the industry and by creditors and securities analysts to evaluate estimated net cash flows from proved reserves on a more comparable basis. In addition, investors should be cautioned that estimates of PV-10 for probable and possible reserves, as well as the underlying volumetric estimates, are inherently more uncertain of being recovered and realized than comparable measures for proved reserves, and that the uncertainty for possible reserves is even more significant. Our PV-10 estimates of proved reserves and our standardized measure are equivalent because, prior to the completion of this offering, we were not subject to entity level taxation. Accordingly, no provision for federal income taxes has been provided because taxable income has been passed through to our equity holders. However, had we not been a tax exempt entity as of December 31, 2013, our estimated discounted future income tax in respect of our proved, probable and possible reserves would have been approximately $401 million, $368 million and $835 million, respectively. After this offering, we will be treated as a taxable entity for federal income tax purposes and our future income taxes will be dependent upon our future taxable income. Neither PV-10 nor standardized measure represents an estimate of fair market value of our natural gas and oil properties. We and others in the industry use PV-10 as a measure to compare the relative size and value of estimated reserves held by companies without regard to the specific tax characteristics of such entities. |
(2) | Substantially all of our estimated probable and possible reserves are classified as undeveloped. |
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Drilling Inventory and Capital Budget
We intend to develop our multi-year drilling inventory by utilizing our significant expertise in horizontal drilling and fracture stimulation to grow our production, reserves and cash flow. For 2014, we have budgeted a total of $316 million to drill and complete 46 gross (39 net) operated wells and to participate in 12 gross (1.1 net) non-operated wells. We expect to fund our 2014 development primarily from cash flows from operations. The majority of our drilling locations and our 2014 development program are focused on the Terryville Complex, where we plan to invest $264 million on drilling and completing 33 gross (28 net) horizontal wells and 2 gross (2 net) vertical wells. Approximately $5.0 million of our Terryville Complex budget is allocated towards the drilling of vertical wells and routine facilities maintenance. In East Texas, we plan to invest $36 million on drilling and completing 8 gross (6 net) horizontal wells. In our Rockies & Other area we plan to invest $12 million on drilling and completing 3 gross (3 net) vertical wells in the Tepee Field and $4 million to participate in 12 gross (1.1 net) horizontal wells operated by SandRidge Energy Inc. in the Mississippian oil play of Northern Oklahoma.
The following table provides information regarding our acreage and drilling locations by area as of December 31, 2013, except for projected 2014 information:
Net Acreage |
WI% | Gross Horizontal Drilling Locations(1)(2) | Net Horizontal Drilling Inventory (years) |
2014 Projected Operated Net Wells to be Drilled(3) |
2014 Projected Capital Budget ($MM) |
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Proved | Probable | Possible | Management | Gross | Net | |||||||||||||||||||||||||||||||||||||||
Terryville Complex |
96,733 | 74 | % | 91 | 147 | 450 | 743 | 1,431 | 994 | 36 | 30 | $ | 264 | |||||||||||||||||||||||||||||||
East Texas |
42,894 | 79 | % | 54 | 39 | 15 | | 108 | 92 | 15 | 6 | 36 | ||||||||||||||||||||||||||||||||
Rockies & Other |
66,191 | 41 | % | | 23 | 20 | | 43 | 4 | | 3 | 16 | ||||||||||||||||||||||||||||||||
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205,818 | 59 | % | 145 | 209 | 485 | 743 | 1,582 | 1,091 | 32 | 39 | $ | 316 |
(1) | The above table excludes 192 proved vertical drilling locations in our reserve report in the Terryville Complex and 174 identified vertical locations based on management estimates in the Rockies & Other region. |
(2) | Please see BusinessOur OperationsDrilling Locations for more information regarding the process and criteria through which these drilling locations were identified. The drilling locations on which we actually drill will depend on the availability of capital, regulatory approval, commodity prices, costs, actual drilling results and other factors. Please see Risk FactorsRisks Related to Our BusinessOur identified drilling locations, which are scheduled out over many years, are susceptible to uncertainties that could materially alter the occurrence or timing of their drilling. Proved, probable and possible locations are based on our reserve report. Management locations are based on management estimates of additional identified drilling locations. |
(3) | Represents net operated wells only. Excludes 12 gross (1.1 net) non-operated wells to be drilled in our Rockies & Other area in 2014. |
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Our extensive inventory and horizontal drilling program in the Terryville Complex is currently focused on four zones within the Cotton Valley formationthe Upper Red, Lower Red, Lower Deep Pink and Upper Deep Pink. The table below sets forth our drilling locations by zone as of December 31, 2013 along with the average results for the wells we have drilled within each zone. Please see BusinessOur PropertiesCotton ValleyTerryville Complex Horizontal Redevelopment for more detail on our properties in the Terryville Complex and the table on page 92 for the 30 day initial production rate and EUR condensate volumes.
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Lower Cotton Valley Zone |
Gross Horizontal Drilling Locations(1) | Producing Wells Drilled(1) |
EUR (Bcfe)(3) |
Drilling and Completion Costs ($MM) |
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Upper Red |
47 | 42 | 40 | 313 | 442 | 16 | 12.6 | $ | 8.2 | |||||||||||||||||||||||
Lower Red |
40 | 40 | 36 | 276 | 392 | 8 | 9.2 | $ | 8.2 | |||||||||||||||||||||||
Lower Deep Pink |
4 | 28 | 47 | 79 | 158 | 3 | 7.8 | $ | 6.4 | |||||||||||||||||||||||
Upper Deep Pink |
| 37 | 42 | 75 | 154 | | | | ||||||||||||||||||||||||
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Total Terryville Complex |
91 | 147 | 450 | |
743 |
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1,431 | 27 | 11.0 | $ | 8.0 |
(1) | Please see BusinessOur OperationsDrilling Locations for more information regarding the process and criteria through which these drilling locations were identified. The drilling locations on which we actually drill will depend on the availability of capital, regulatory approval, commodity prices, costs, actual drilling results and other factors. Please see Risk FactorsRisks Related to Our BusinessOur identified drilling locations, which are scheduled out over many years, are susceptible to uncertainties that could materially alter the occurrence or timing of their drilling. Proved, probable and possible locations are based on our reserve report. Management locations are based on management estimates of additional identified drilling locations. |
(2) | Relates to the 21 horizontal wells in the Terryville Complex included in our reserve report as proved developed reserves as of December 31, 2013. Drilling and completion costs and producing wells drilled include six additional wells that have come online since year-end. |
(3) | EUR represents the Estimated Ultimate Recovery or the sum of total gross remaining reserves attributable to each location in our reserve report and cumulative sales from such location. EUR is shown at the wellhead on a combined basis for oil/condensates and wet gas. |
Our Terryville horizontal development program in 2014 has an average working interest of 87% and our total horizontal development inventory has an average working interest of 69%.
For the Terryville Complex, our 2014 budget assumes an average cost of $8.6 million for gross horizontal wells ($7.5 million per net well) and is based on an average lateral length of 6,270 feet. As part of our long-term development plan, the lateral length of our planned wells is expected to increase and we expect wells within the Terryville Complex to cost on average $9.3 million for gross wells ($8.1 million per net well) drilled with a 7,500 foot lateral length.
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Business Strategies
Our primary objective is to build shareholder value through growth in reserves, production and cash flows by developing and expanding our significant portfolio of drilling locations. To achieve our objective, we intend to execute the following business strategies:
Grow production, reserves and cash flow through the development of our extensive drilling inventory. We believe our extensive inventory of low-risk drilling locations, combined with our operating expertise, will enable us to continue to deliver production, reserve and cash flow growth and create shareholder value. As of December 31, 2013, we had assembled an aggregate drilling inventory of 1,582 gross identified horizontal drilling locations, 90% of which are in the Terryville Complex, representing a drilling inventory of over 36 years based on our expected 2014 drilling program. We believe that the risk and uncertainty associated with our core acreage positions in the Terryville Complex has been largely reduced through our development activity, and because those positions are in areas with extensive drilling and production history. Since initiating our horizontal drilling program with one rig in 2011, we have invested over $288 million in the Terryville Complex through December 31, 2013. With four rigs running in the Terryville Complex as of December 31, 2013, we are one of the most active drillers in the Cotton Valley formation. We intend to dedicate approximately $264 million of our $316 million drilling and completion budget in 2014 to develop the overpressured liquids-rich Terryville Complex through multi-well pad drilling. We believe multiple vertically stacked producing horizons in the Terryville Complex can be developed using horizontal drilling techniques, thus enhancing the economics of this field.
Enhance returns through prudent capital allocation and continued improvements in operational and capital efficiencies. We continually monitor and adjust our drilling program with the objective of achieving the highest total returns on our portfolio of drilling opportunities. We believe we will achieve this objective by (i) minimizing the capital costs of drilling and completing horizontal wells through knowledge of the target formations, (ii) maximizing well production and recoveries by optimizing lateral length, the number of frac stages, perforation intervals and the type of fracture stimulation employed, (iii) targeting specific zones within our leasehold position to maximize our hydrocarbon mix based on the existing commodity price environment and (iv) minimizing operating costs through efficient well management.
Exploit additional development opportunities on current acreage. Our existing asset base provides numerous opportunities for our highly experienced technical team to create shareholder value by increasing our inventory beyond our currently identified drilling locations and ultimately by growing our estimated proved reserves. In the Terryville Complex, we are currently targeting multiple stacked horizons. We also believe our East Texas region has a significant inventory of low-risk, liquids-rich horizontal drilling locations. Finally, we continue to evaluate our leasehold positions in the Rocky Mountains and have preliminarily identified over 170 potential vertical locations.
Maintain a disciplined, growth oriented financial strategy. We intend to fund our growth primarily with internally generated cash flows while maintaining ample liquidity and access to the capital markets. Furthermore, we plan to hedge a significant portion of our expected production to reduce our exposure to downside commodity price fluctuations and enable us to protect our cash flows and maintain liquidity to fund our drilling program. Since approximately 76% of our acreage in the Terryville Complex was held by production as of December 31, 2013 and no significant drilling commitments are needed to hold our remaining acreage in the near term, we are able to allocate capital among projects in a manner that optimizes both costs and returns, resulting in a highly efficient drilling program.
Make opportunistic acquisitions that meet our strategic and financial objectives. We will seek to acquire oil and gas properties that we believe complement our existing properties in our core areas of operation. In
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addition to our focus on the Terryville Complex, we are pursuing other properties that provide opportunities for the addition of reserves and production through a combination of exploitation, development, high-potential exploration and control of operations. We follow a technology driven strategy to establish large, contiguous leasehold positions in the core of prolific basins and opportunistically add to those positions through bolt-on acquisitions over time. We entered into the Terryville Complex through strategic acquisitions and grassroots leasing efforts, amassing a land position of 96,733 net acres, 51,522 net acres of which we believe to be in the core of the play. We will continue to identify and opportunistically acquire additional acreage and producing assets to complement our multi-year drilling inventory.
Competitive Strengths
We believe that the following strengths will allow us to successfully execute our business strategies.
Large, concentrated position in one of North Americas leading plays. We own approximately 60,041 gross (51,522 net) acres in what we believe to be the core of the Terryville Complex in Lincoln Parish, which we believe to be one of North Americas most prolific liquids-rich natural gas fields, characterized by consistent and predictable geology and multiple stacked pay formations confirmed by extensive vertical well control. Through December 31, 2013, our drilling program in the Terryville Complex has produced some of the top performing gas wells in the United States in the previous two years, with single horizontal well results having achieved average 30-day initial production rates of 14.9 MMcfe/d, EURs averaging 11.0 Bcfe and average drilling and completion costs of $8.0 million per well. Approximately 76% of our acreage in the Terryville Complex was held by production at December 31, 2013 and there are no significant lease expirations until 2017. Additionally, all of our acreage in this play can be held by running a one rig program over the next 18 months.
De-risked acreage position with multi-year inventory of liquids-rich drilling opportunities. As of December 31, 2013, we had a drilling inventory consisting of 1,582 gross identified horizontal drilling locations, of which approximately 145 are gross proved undeveloped locations. Based on our expected 2014 drilling program and net identified drilling locations, we have over 32 years of liquids-rich drilling inventory. The majority of our drilling activity has been and will continue to be focused in the Terryville Complex, where we produce liquids-rich natural gas from the overpressured Cotton Valley formation. We have used subsurface data from our vertical wells coupled with 3-D seismic data to identify and prioritize our inventory based on returns. This liquids-rich gas formation allows for NGL processing that, when coupled with the condensate produced, results in strong well economics. For the three months ended December 31, 2013, 45% of our pro forma MRD Segment revenues were attributable to natural gas, 28% to NGLs and 27% to oil.
Significant operational control with low cost operations. On a proved reserves basis, we operate 99% of our properties and have operational control of all of our drilling inventory in the Terryville Complex. We believe maintaining operational control will enable us to enhance returns by implementing more efficient and cost-effective operating practices, through the selection of economic drilling locations, opportunistic timing of development, continuous improvement of drilling, completion and stimulation techniques and development on multi-well pads. As a result of the contiguous nature of our leasehold in the Terryville Complex and its geologic continuity, we are able to drill consistently long laterals, averaging over 4,800 lateral feet, which helps us to reduce costs on a per-lateral foot basis and increase our returns. We expect the average lateral length of the 35 gross wells that we expect to drill in the Terryville Complex in 2014 to be 6,400 feet per well. Operating in mature basins in North Louisiana and East Texas allows us to take advantage of the available and extensive midstream infrastructure and accelerate our development plan without encountering significant constraints in either takeaway or processing capacity. Our operational control allows us to focus on operating efficiency, which has resulted in our MRD Segment lease operating costs declining 31% from $0.77 per Mcfe for the year ended December 31, 2012 to $0.53 per Mcfe for the year ended December 31, 2013.
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Proven and incentivized executive and technical team. We believe our management and technical teams are one of our principal competitive strengths due to our teams significant industry experience and long history of working together in the identification, execution and integration of acquisitions, cost efficient management of profitable, large scale drilling programs and a focus on rates of return. Additionally, our technical team has substantial expertise in advanced drilling and completion technologies and decades of expertise in operating in the North Louisiana and East Texas regions. The members of our management team collectively have an average of 22 years of experience in the oil and natural gas industry. John A. Weinzierl, our Chief Executive Officer, has 24 years of oil and natural gas industry experience as a petroleum engineer, a strong commercial and technical background and extensive experience acquiring and managing oil and natural gas properties. Our management team has a significant economic interest in us directly and through its equity interests in our controlling stockholder, MRD Holdings. We believe our management team is motivated to deliver high returns, create shareholder value and maintain safe and reliable operations.
Our relationship with MEMP. We own 0.1% general partner interest in MEMP through our ownership of its general partner as well as 50% of MEMPs incentive distribution rights. MEMPs objective as a master limited partnership is to generate stable cash flows, allowing it to make quarterly distributions to its limited partners and, over time, to increase those quarterly distributions. As a result of its familiarity with our management team and our asset base and our track record of prior drop-down transactions, we believe that MEMP is a natural purchaser of properties from us that meet its acquisition criteria. We believe this mutually beneficial relationship enhances MEMPs ability to generate consistent returns on its oil and natural gas properties, provides us with a growing source of cash flow from our partnership interests in MEMP and allows us to monetize producing non-core properties. Since MEMPs initial public offering, we have consummated drop-down transactions with MEMP totaling approximately $376 million. In addition, we may have the opportunity to work jointly with MEMP to pursue certain acquisitions of oil and natural gas properties that may not otherwise be attractive acquisition candidates for either of us individually. While we believe that MEMP would be a preferred acquirer of our mature, non-core assets, we are under no obligation to offer to sell, and it is under no obligation to offer to buy, any of our properties.
Financial strength and flexibility. During 2013, we generated $159 million of pro forma MRD Segment Adjusted EBITDA and made pro forma total capital expenditures of $203 million, including $70 million on wells coming online in 2014. We intend to continue to fund our organic growth predominantly with internally generated cash flows while maintaining ample liquidity for opportunistic acquisitions. We will continue to maintain a disciplined approach to spending whereby we allocate capital in order to optimize returns and create shareholder value. We seek to protect these future cash flows and liquidity levels by maintaining a three-to-five year rolling hedge program. Pro forma as of December 31, 2013 for this offering and the restructuring transactions (including the redemption of the PIK notes for approximately $363 million 30 days after the closing of this offering), we expect our total liquidity, consisting of cash on hand and available borrowing capacity under our new revolving credit facility, to be in excess of $ million.
Recent Developments
In December 2013, MRD LLC issued $350,000,000 of its 10.00%/10.75% Senior PIK toggle notes due 2018, which we refer to as the PIK notes. MRD LLC used the net proceeds from that issuance to repay outstanding indebtedness, to fund a debt service reserve account for the payment of interest on the PIK notes, to pay a distribution to the Funds, and for general company purposes. In connection with the closing of this offering, we will assume the PIK notes and use a portion of the proceeds of this offering to redeem the PIK notes in their entirety, to pay any applicable premium in connection with such redemption and to pay accrued and unpaid interest, if any, to the date of redemption. MRD Holdings will receive the cash released upon the termination of the debt service reserve account in connection with the redemption of the PIK notes. See Restructuring Transactions.
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In April 2014, we sold approximately 15 Bcfe of proved reserves located in East Texas to MEMP for cash consideration of approximately $34.0 million, subject to customary post-closing adjustments.
In connection with the closing of this offering, we intend to enter into a new $2.0 billion revolving credit facility. Immediately prior to the closing of this offering, we will borrow approximately $ million from our new revolving credit facility to pay off and terminate in their entirety WildHorse Resources revolving credit facility and second lien term loan, which we refer to collectively as WildHorse Resources credit agreements. See Restructuring Transactions.
Acquisition History
We built out our leasehold positions in North Louisiana, East Texas and the Rocky Mountains primarily through the following acquisition activities:
| In November 2007, we acquired interests in the Joaquin Field, which is the core of our East Texas acreage; |
| In December 2007, we acquired interests in the Tepee Field in the Piceance Basin in Colorado; |
| In April and May 2010, we acquired interests in the Terryville Complex and other North Louisiana fields, which are the core of our North Louisiana acreage; |
| In November 2010, we acquired interests in the Spider and E. Logansport Fields in North Louisiana; |
| In May 2012, we acquired interests in the Terryville Complex and Double A Field in North Louisiana and East Texas; |
| In April 2013, we acquired interests in the West Simsboro and Simsboro Fields of the Terryville Complex in North Louisiana; |
| In November 2013, we acquired the remaining equity interests in Classic Hydrocarbons Holdings, L.P., Classic Hydrocarbons GP Co., L.L.C. and Black Diamond Minerals, LLC, which hold oil and natural gas properties in East Texas, North Louisiana and the Rocky Mountains; and |
| In February 2014, we repurchased net profits interests in the Terryville Complex from an affiliate of NGP for $63.4 million after customary adjustments. These net profits interests were originally sold to the NGP affiliate upon the completion of certain acquisitions in 2010 by WildHorse Resources. |
Our Principal Stockholder
Our principal stockholder is MRD Holdings, which is controlled by the Funds, which are three of the private equity funds managed by NGP. Upon completion of this initial public offering, MRD Holdings, the selling stockholder in this offering, will own approximately % of our common stock (or approximately % if the underwriters option to purchase additional shares from MRD Holdings is exercised in full). Pursuant to a voting agreement, MRD Holdings will also have the right to direct the vote of an additional approximately % of our common stock. The Funds also collectively indirectly own 50% of MEMPs incentive distribution rights, and at the completion of this offering MRD Holdings will own 5,360,912 subordinated units of MEMP, representing an 8.7% limited partner interest in MEMP. We are also a party to certain other agreements with MRD Holdings, the Funds and certain of their affiliates. For a description of the voting agreement and these other agreements, please read Certain Relationships and Related Party Transactions.
Founded in 1988, NGP is a family of private equity investment funds, with cumulative committed capital of approximately $10.5 billion since inception, organized to make investments in the natural resources sector. NGP is part of the investment platform of NGP Energy Capital Management, a premier investment franchise in the natural resources industry, which together with its affiliates has managed approximately $13 billion in cumulative committed capital since inception.
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Our Interest in Memorial Production Partners LP
Through our ownership of its general partner, we control MEMP. We also own 50% of its incentive distribution rights. MEMP is a publicly traded limited partnership engaged in the acquisition, exploitation, development and production of oil and natural gas properties in the United States, with assets consisting primarily of producing oil and natural gas properties that are located in Texas, Louisiana, Colorado, Wyoming, New Mexico and offshore southern California. Most of MEMPs properties are located in large, mature oil and natural gas reservoirs with well-known geologic characteristics and long-lived, predictable production profiles and modest capital requirements. Because we control MEMP, we are required to consolidate MEMP for accounting and financial reporting purposes, even though we and MEMP have independent capital structures.
During the year ended December 31, 2013, less than $0.1 million of distributions were made in respect of the MEMP incentive distribution rights during the year ended December 31, 2013. Please see BusinessRelationship with Memorial Production Partners LP for further information on our interest in MEMP.
Risk Factors
Investing in our common stock involves risks that include the speculative nature of oil and natural gas exploration, competition, volatile commodity prices and other material factors. For a discussion of these risks and other considerations that could negatively affect us, including risks related to this offering and our common stock, please read Risk Factors beginning on page 24 of this prospectus and Cautionary Note Regarding Forward-Looking Statements.
Our Structure and Restructuring Transactions
We are a Delaware corporation formed by MRD LLC to own and acquire oil and natural gas properties. In connection with the closing of this offering, the following transactions, which we refer to as the restructuring transactions, will occur:
| The Funds will contribute all of their interests in MRD LLC to MRD Holdings; |
| WildHorse Resources will sell its subsidiary, WildHorse Resources Management Company, LLC (which holds certain immaterial assets related to our WildHorse Resources operations) to an affiliate of the Funds for approximately $3 million in cash, and that subsidiary will enter into a services agreement with WildHorse Resources pursuant to which that subsidiary will provide transition services to WildHorse Resources; |
| MRD LLC will contribute to us substantially all of its assets, comprised of: |
| 100% of the ownership interests in Classic Hydrocarbons Holdings, L.P., Classic Hydrocarbons GP Co., L.L.C., Black Diamond Minerals, LLC, Beta Operating Company, LLC and MRD Operating LLC; |
| 99.9% of the membership interests in WildHorse Resources, the owner of our properties in the Terryville Complex; and |
| MEMP GP (including MEMP GPs ownership of 50% of MEMPs incentive distribution rights); |
| We will issue shares of our common stock to MRD LLC, which MRD LLC will immediately distribute to MRD Holdings; |
| We will assume the obligations of MRD LLC under the PIK notes, including the obligation to pay interest on the PIK notes if this offering closes before June 15, 2014 or to reimburse MRD LLC for the June 15, 2014 interest payment made on the PIK notes if this offering closes after June 15, 2014; |
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| Certain former management members of WildHorse Resources will contribute to us their outstanding incentive units in WildHorse Resources, as well as the remaining 0.1% of the membership interests in WildHorse Resources, and we will issue shares of our common stock and pay cash consideration of $ to such former management members of WildHorse Resources; |
| We will enter into a registration rights agreement and a voting agreement with MRD Holdings and certain former management members of WildHorse Resources; |
| We will enter into our new $2.0 billion revolving credit facility and will use approximately $ million in borrowings under that facility to repay all amounts outstanding under WildHorse Resources credit agreements, to pay the cash consideration payable to the former management members of WildHorse Resources and, if applicable, to reimburse MRD LLC for the June 15, 2014 interest payment made on the PIK notes; |
| Our subsidiary MRD Operating LLC will enter into a merger agreement with MRD LLC pursuant to which (i) after the redemption of the PIK notes as described below, MRD LLC will merge into MRD Operating LLC, (ii) until the date of such merger, MRD LLC will perform under certain ancillary commercial contracts to which it is a party in support of its current operations for our benefit (such as office leases and drilling contracts), (iii) all amounts received under such contracts will be for our benefit and (iv) we will be responsible for all amounts owing under such contracts; and |
| We will give notice of redemption to the holders of the PIK notes, which will specify a redemption date of 30 days after the closing of this offering, and we will use a portion of the net proceeds from this offering to redeem all outstanding PIK notes, including paying any applicable premium and accrued and unpaid interest, if any, to the date of redemption. Until the redemption date, or any earlier discharge date as noted below, of the PIK notes, we will use the amount to be paid to the holders of these notes to temporarily reduce amounts outstanding under our new revolving credit facility. |
From the closing date of this offering until the date upon which the PIK notes are redeemed and the PIK notes indenture is terminated, MRD LLC will remain a subsidiary of MRD Holdings. During that time, MRD LLC will distribute to MRD Holdings:
| BlueStone, which sold substantially all of its assets in July 2013 for $117.9 million, MRD Royalty, which owns certain immaterial leasehold interests and overriding royalty interests in Texas and Montana, MRD Midstream, which owns an indirect interest in certain immaterial midstream assets in North Louisiana, and Classic Pipeline, which owns certain immaterial midstream assets in Texas; |
| 5,360,912 subordinated units of MEMP representing an approximate 8.7% limited partner interest in MEMP; and |
| The right to the $50 million of cash to be released from the debt service reserve account in connection with the redemption of the PIK notes (or, if the closing of this offering occurs after June 15, 2014 the right to the amount remaining in such account plus the cash received from us in reimbursement of the interest paid on June 15, 2014 in respect of the PIK notes). |
The redemption date of the PIK notes will be approximately 30 days after the closing of this offering. We will have the option to pay the full redemption amount (including any applicable premium and accrued and unpaid interest to the redemption date) to the PIK notes trustee at any time before the redemption date. If we deposit that amount with the PIK notes trustee in advance of the redemption date together with irrevocable instructions to use such amount for the redemption on the redemption date, then our obligations under the PIK notes indenture will be discharged on the date of such deposit. We may choose to so deposit that amount with the PIK notes trustee in advance of the redemption date. After the PIK notes indenture is terminated or discharged, as the case may be, MRD LLC will merge into MRD Operating LLC. At that time, MRD LLCs sole assets will be the commercial contracts noted above, which relate to the businesses owned by us.
14
Please read Use of Proceeds and Restructuring Transactions for more information about the application of the net proceeds from this offering and the restructuring transactions. For more information regarding BlueStone, see Managements Discussion and Analysis of Financial Condition and Results of OperationsResults of OperationsMRD Segment. For more information about the services agreement with WildHorse Resources, see Certain Relationships and Related Party TransactionsServices Agreement.
The following diagram shows our ownership structure after giving effect to the restructuring transactions and this offering, assuming no exercise of the underwriters option to purchase additional shares from MRD Holdings and does not give effect to shares of common stock reserved for future issuance under the Memorial Resource Development Corp. 2014 Long Term Incentive Plan (described in Management2014 Long Term Incentive Plan). For information regarding our ownership structure before giving effect to the restructuring transactions and this offering, see the diagram on page 146 in Restructuring Transactions.
(1) | If the underwriters exercise in full their option to purchase additional shares of common stock from MRD Holdings, the ownership interest of the public stockholders will increase to shares of common stock, representing an aggregate % ownership interest in us, and MRD Holdings will own shares of common stock, representing an aggregate % ownership interest in us. |
(2) | As of December 31, 2013. |
15
(3) | The Funds refer collectively to Natural Gas Partners VIII, L.P., Natural Gas Partners IX, L.P. and NGP IX Offshore Holdings, L.P., which collectively own all of the membership interests in MRD Holdings. Please read Principal and Selling Stockholders for information regarding beneficial ownership. The Funds collectively indirectly own 50% of the Partnerships incentive distribution rights. |
(4) | Subsidiaries of MRD Holdings following the restructuring transactions will include BlueStone Natural Resources Holdings, LLC (BlueStone), MRD Royalty LLC (MRD Royalty), MRD Midstream LLC (MRD Midstream) and Classic Pipeline & Gathering, LLC (Classic Pipeline) . Also, please see the Principal and Selling Stockholders table on page 137 for the beneficial ownership of our shares by our executive officers and directors. |
(5) | Includes Classic Hydrocarbons Holdings, L.P. (Classic), Classic Hydrocarbons GP Co., L.L.C. (Classic GP), Black Diamond Minerals, LLC (Black Diamond), and Beta Operating Company, LLC (Beta Operating). |
Corporate Information
Our principal executive offices are located at 1301 McKinney St., Suite 2100, Houston, Texas 77010, and our phone number is (713) 588-8300. Our website address is www.memorialrd.com. We expect to make our periodic reports and other information filed with or furnished to the Securities and Exchange Commission, which we refer to as the SEC, available free of charge through our website as soon as reasonably practicable after those reports and other information are electronically filed with or furnished to the SEC. Information on our website or any other website is not incorporated by reference into, and does not constitute a part of, this prospectus.
Emerging Growth Company Status
We are an emerging growth company as defined in the Jumpstart Our Business Startups Act (the JOBS Act). For as long as we are an emerging growth company, unlike other public companies that are not emerging growth companies, we are not required to:
| provide an auditors attestation report on managements assessment of the effectiveness of our system of internal control over financial reporting pursuant to Section 404 of the Sarbanes-Oxley Act of 2002; |
| provide more than two years of audited financial statements and related managements discussion and analysis of financial condition and results of operations; |
| comply with any new requirements adopted by the Public Company Accounting Oversight Board, or the PCAOB, requiring mandatory audit firm rotation or a supplement to the auditors report in which the auditor would be required to provide additional information about the audit and the financial statements of the issuer; |
| provide certain disclosure regarding executive compensation required of larger public companies or hold shareholder advisory votes on executive compensation required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act); or |
| obtain shareholder approval of any golden parachute payments not previously approved. |
We will cease to be an emerging growth company upon the earliest of:
| the last day of the fiscal year in which we have $1.0 billion or more in annual revenues; |
| the date on which we become a large accelerated filer (the fiscal year-end on which the total market value of our common equity securities held by non-affiliates is $700 million or more as of June 30); |
| the date on which we issue more than $1.0 billion of non-convertible debt over a three-year period; or |
| the last day of the fiscal year following the fifth anniversary of our initial public offering. |
In addition, Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act of 1933, as amended, or the Securities Act, for complying with new or revised accounting standards, but we have irrevocably opted out of the extended transition period and, as a result, we will adopt new or revised accounting standards on the relevant dates in which adoption of such standards is required for other public companies.
16
The Offering
Common stock offered by us |
shares. |
Common stock offered by MRD Holdings |
shares (or shares, if the underwriters exercise in full their option to purchase additional shares). |
Common stock to be outstanding immediately after the offering |
shares. |
Option to purchase additional shares |
MRD Holdings has granted the underwriters a 30-day option to purchase up to an aggregate of additional shares of our common stock held by MRD Holdings to cover over-allotments. |
Common stock voting rights |
Each share of our common stock will entitle its holder to one vote. |
Use of proceeds |
We intend to use the estimated net proceeds of approximately $ million from this offering, based upon the assumed initial public offering price of $ per share (the midpoint of the price range set forth on the cover of this prospectus), after deducting underwriting discounts and commissions and fees and expenses associated with this offering and the restructuring transactions, to redeem the PIK notes in their entirety and to pay any applicable premium in connection with such redemption and accrued and unpaid interest, if any, to the date of redemption (which we expect will be 30 days after the closing of this offering); together with borrowings of approximately $ million under our new revolving credit facility, to make a cash payment to certain former management members of WildHorse Resources in connection with their contribution to us of their membership interests and incentive units in WildHorse Resources; to repay borrowings outstanding under WildHorse Resources credit agreements; if the closing of this offering occurs after June 15, 2014, to reimburse MRD LLC for interest paid on the PIK notes; and for general corporate purposes. Until the redemption date or any earlier discharge date of the PIK notes, we will use the amount to be paid to the holders of those notes to temporarily reduce amounts outstanding under our new revolving credit facility. See Use of Proceeds. |
We will not receive any of the proceeds from the sale of shares of our common stock by MRD Holdings, including pursuant to any exercise by the underwriters of their option to purchase additional shares of our common stock. MRD Holdings is deemed under federal securities laws to be an underwriter with respect to the common stock it may sell in connection with this offering. |
Dividend policy |
We currently intend to retain all future earnings, if any, for use in the operation of our business and to fund future growth. The decision whether to pay dividends in the future will be made by our board of directors (our Board) in light of conditions then existing, including |
17
factors such as our financial condition, earnings, available cash, business opportunities, legal requirements, restrictions in our debt agreements and other contracts and other factors our Board deems relevant. See Dividend Policy. |
Directed Share Program |
The underwriters have reserved for sale at the initial public offering price up to % of the common stock being offered by this prospectus for sale to our employees, executive officers and directors who have expressed an interest in purchasing common stock in the offering. We do not know if these persons will choose to purchase all or any portion of these reserved shares, but any purchases they do make will reduce the number of shares available to the general public. Please read Underwriting beginning on page 158. |
Risk factors |
You should carefully read and consider the information set forth under Risk Factors beginning on page 24 of this prospectus and all other information set forth in this prospectus before deciding to invest in our common stock. |
Listing and trading symbol |
We have applied to list our common stock on the NASDAQ Global Market (NASDAQ) under the trading symbol MRD. |
18
Summary Historical Consolidated and Combined Pro Forma Financial Data
MRD LLC and its consolidated subsidiaries, our accounting predecessor, controls MEMP through its ownership of MEMP GP, the general partner of MEMP. Because MRD LLC controls MEMP through its ownership of the general partner, MRD LLC is required to consolidate MEMP for accounting and financial reporting purposes even though MRD LLC owns a minority of its partner interests and MRD LLC and MEMP have independent capital structures. MRD LLC receives cash distributions from MEMP as a result of its partner interests and incentive distribution rights in MEMP, when declared and paid by MEMP. In connection with the closing of this offering, MRD LLC will contribute substantially all of its existing assets to us in exchange for shares of our common stock. Through our ownership of MEMP GP, we will continue to control MEMP and therefore will continue to consolidate the results of MEMP into our consolidated financial statements in future periods.
Our predecessor has two reportable business segments, both of which are engaged in the acquisition, exploitation, development and production of oil and natural gas properties:
| MRDreflects all of MRD LLCs consolidating subsidiaries except for MEMP and its subsidiaries. |
| MEMPreflects the consolidated and combined operations of MEMP and its subsidiaries. |
We will continue to have two reportable segments following the completion of this offering. For more information regarding reportable business segments, please see the predecessors audited historical financial statements and related notes.
The following tables include the summary historical financial data of our predecessor, as well as the MRD Segment as of and for the periods indicated. The summary historical financial data of our predecessor as of and for the years ended December 31, 2013 and 2012 were derived from the audited historical financial statements of our predecessor included elsewhere in this prospectus. The summary historical financial data of the MRD Segment as of and for the years ended December 31, 2013 and 2012 were derived from certain financial information used in the preparation of our predecessors audited financial statements.
The summary unaudited pro forma data as of and for the year ended December 31, 2013 has been prepared to give pro forma effect to: (i) the exclusion of both BlueStone and Classic Pipeline, the MEMP subordinated units and the debt service reserve account associated with the PIK notes, which are not being conveyed to us in connection with this offering, as well as our payment of (or reimbursement for) the June 15, 2014 interest payment on the PIK notes, (ii) the offering of our shares of common stock contemplated hereby and the use of the net proceeds therefrom as described in Use of Proceeds, (iii) incremental federal income tax expense, and (iv) the restructuring transactions.
19
We derived the data in the following tables from, and the following tables should be read together with and is qualified in its entirety by reference to, our predecessors historical financial statements and our pro forma financial statements and the accompanying notes included elsewhere in this prospectus. You should also read Restructuring Transactions, Use of Proceeds, Managements Discussion and Analysis of Financial Condition and Results of Operations, and our pro forma and historical consolidated financial statements, all included elsewhere in this prospectus. Among other things, those historical consolidated and combined financial statements and pro forma financial statements include more detailed information regarding the basis of presentation for the following data.
MRD LLC (Predecessor) |
Memorial Resource Development Corp. Pro Forma |
|||||||||||
Year
Ended December 31, |
Year Ended December 31, |
|||||||||||
2013 | 2012 | 2013 | ||||||||||
(unaudited) | ||||||||||||
(in thousands) | ||||||||||||
Statement of Operations Data: |
||||||||||||
Revenues: |
||||||||||||
Oil and natural gas sales |
$ | 571,948 | $ | 393,631 | $ | 553,800 | ||||||
Other revenues |
3,075 | 3,237 | 2,268 | |||||||||
|
|
|
|
|
|
|||||||
Total revenues |
575,023 | 396,868 | 556,068 | |||||||||
Costs and expenses: |
||||||||||||
Lease operating |
113,640 | 103,754 | 111,988 | |||||||||
Pipeline operating |
1,835 | 2,114 | 1,835 | |||||||||
Exploration |
2,356 | 9,800 | 2,356 | |||||||||
Production and ad valorem taxes |
27,146 | 23,624 | 26,269 | |||||||||
Depreciation, depletion and amortization |
184,717 | 138,672 | 174,198 | |||||||||
Impairment of proved oil and gas properties |
6,600 | 28,871 | 4,201 | |||||||||
General and administrative |
125,358 | 69,187 | 101,098 | |||||||||
Accretion of asset retirement obligations |
5,581 | 5,009 | 5,523 | |||||||||
(Gain) loss on commodity derivatives |
(29,294 | ) | (34,905 | ) | (29,311 | ) | ||||||
(Gain) loss on sale of property |
(85,621 | ) | (9,761 | ) | 3,927 | |||||||
Other, net |
649 | 502 | 649 | |||||||||
|
|
|
|
|
|
|||||||
Total costs and expenses |
352,967 | 336,867 | 402,733 | |||||||||
|
|
|
|
|
|
|||||||
Operating income |
222,056 | 60,001 | 153,335 | |||||||||
|
|
|
|
|
|
|||||||
Other income (expense) |
||||||||||||
Interest expense, net |
(69,250 | ) | (33,238 | ) | ||||||||
Amortization of investment premium |
| (194 | ) | | ||||||||
Other, net |
145 | 535 | 143 | |||||||||
|
|
|
|
|
|
|||||||
Total other income (expense) |
(69,105 | ) | (32,897 | ) | ||||||||
Income tax expense |
(1,619 | ) | (107 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net income (loss) |
$ | 151,332 | $ | 26,997 | ||||||||
|
|
|
|
|
|
|||||||
Cash Flow Data: |
||||||||||||
Net cash provided by operating activities |
$ | 277,823 | $ | 240,404 | ||||||||
Net cash used in investing activities |
367,443 | 606,738 | ||||||||||
Net cash provided by financing activities |
117,950 | 361,761 | ||||||||||
Balance Sheet Data (at period end): |
||||||||||||
Working capital |
$ | 48,256 | $ | 63,054 | ||||||||
Total assets |
2,829,161 | 2,459,304 | ||||||||||
Total debt |
1,663,217 | 939,382 | ||||||||||
Total equity (including noncontrolling interests) |
858,132 | 1,276,709 |
20
MRD Segment | MRD Segment Pro Forma |
|||||||||||
Year Ended December 31, |
Year Ended December 31, |
|||||||||||
2013 | 2012 | 2013 | ||||||||||
(unaudited) | ||||||||||||
(in thousands) |
||||||||||||
Statement of Operations Data: |
||||||||||||
Revenues: |
||||||||||||
Oil and natural gas sales |
$230,751 | $138,032 | $ | 212,603 | ||||||||
Other revenues |
807 | 782 | | |||||||||
|
|
|
|
|
|
|||||||
Total revenues |
|
231,558 |
|
|
138,814 |
|
212,603 | |||||
Costs and expenses: |
||||||||||||
Lease operating |
25,006 | 24,438 | 23,354 | |||||||||
Exploration |
1,226 | 7,337 | 1,226 | |||||||||
Production and ad valorem taxes |
9,362 | 7,576 | 8,485 | |||||||||
Depreciation, depletion and amortization |
87,043 | 62,636 | 76,524 | |||||||||
Impairment of proved oil and gas properties |
2,527 | 18,339 | 128 | |||||||||
General and administrative |
81,758 | 38,414 | 57,498 | |||||||||
Accretion of asset retirement obligations |
728 | 632 | 670 | |||||||||
(Gain) loss on commodity derivatives |
(3,013) | (13,488 | ) | (3,030 | ) | |||||||
(Gain) loss on sale of property |
(82,773) | (2 | ) | 6,775 | ||||||||
Other, net |
2 | 364 | 2 | |||||||||
|
|
|
|
|
|
|||||||
Total costs and expenses |
|
121,866 |
|
|
146,246 |
|
171,632 | |||||
|
|
|
|
|
|
|||||||
Operating income |
109,692 | (7,432 | ) | 40,971 | ||||||||
|
|
|
|
|
|
|||||||
Other income (expense) |
||||||||||||
Interest expense, net |
(27,349) | (12,802 | ) | |||||||||
Earnings from equity investments |
1,066 | 4,880 | 269 | |||||||||
Other, net |
145 | 535 | 143 | |||||||||
|
|
|
|
|
|
|||||||
Total other income (expense) |
(26,138 | ) | (7,387 | ) | ||||||||
Income tax (expense) benefit |
(1,311 | ) | 178 | |||||||||
|
|
|
|
|
|
|||||||
Net income (loss) |
$ | 82,243 | $ | (14,641 | ) | |||||||
|
|
|
|
|
|
|||||||
Cash Flow Data (Unaudited): |
||||||||||||
Net cash provided by operating activities |
$ | 83,910 | $ | 84,172 | ||||||||
Net cash used in investing activities |
5,533 | 230,471 | ||||||||||
Net cash provided by (used in) financing activities |
(38,963 | ) | 133,271 | |||||||||
Other Financial Data: |
||||||||||||
Adjusted EBITDA (unaudited) |
$ | 197,903 | $ | 132,105 | $ | 159,239 | ||||||
Balance Sheet Data (at period end): |
||||||||||||
Working capital (unaudited) |
$ | 51,214 | $ | 2,424 | ||||||||
Total assets |
1,281,134 | 1,102,406 | ||||||||||
Total debt |
871,150 | 309,200 | ||||||||||
Total equity (unaudited) |
279,412 | 682,644 |
21
Adjusted EBITDA
Our reportable business segments are organized in a manner that reflects how management manages those business activities.
We evaluate segment performance based on Adjusted EBITDA. The definition and calculation of Adjusted EBITDA and the reconciliation of total reportable segments Adjusted EBITDA to net income (loss) is included in the notes to our predecessors consolidated and combined financial statements found elsewhere in this prospectus.
Adjusted EBITDA (either in total or by individual segment) is an important performance measure of the core profitability of our operations. This measure forms the basis of our internal financial reporting and is used by our management in evaluating segment performance. We believe that investors benefit from having access to the same financial measures that our management uses in evaluating segment results.
Adjusted EBITDA should not be considered an alternative to, or more meaningful than, net income (loss). Our computation of Adjusted EBITDA may not be comparable to similarly titled measures of other companies. We believe that Adjusted EBITDA is a widely followed measure of operating performance and may also be used by investors to measure our ability to meet debt service requirements.
Summary Reserve, Production and Operating Data for the MRD Segment
The following tables present summary data with respect to the estimated historical net proved oil and natural gas reserves and production and operating data for the MRD Segment as of the dates presented.
The proved reserve estimates presented in the table below were prepared by NSAI, and the probable and possible reserve estimates were prepared by our management and audited by NSAI. Regarding our properties, estimates comprising 100% of the total proved reserves in the reserve report were prepared by NSAI. These reserve estimates were prepared in accordance with current SEC rules regarding oil and natural gas reserve reporting. The following tables also contain certain summary information regarding production and sales of oil and natural gas with respect to such properties.
Please read BusinessOur Operations as well as Managements Discussion and Analysis of Financial Condition and Results of Operations and the summaries of our reserve report included herein as Appendix B-1 and Appendix B-2 in evaluating the material presented below.
Reserve Data
Estimated Proved Reserves |
As of December 31, 2013 |
|||
Natural gas (MMcf) |
802,254 | |||
Oil/Condensate (MBbls) |
11,311 | |||
NGLs (MBbls) |
42,577 | |||
|
|
|||
Total estimated net proved reserves (MMcfe) |
1,125,577 | |||
|
|
|||
Proved developed producing (MMcfe) |
323,351 | |||
Proved developed non-producing (MMcfe) |
44,290 | |||
Proved undeveloped (MMcfe) |
757,936 | |||
Proved developed reserves as a percentage of total proved reserves |
33 | % | ||
PV-10 of proved reserves (in millions)(1) |
$ | 1,469 |
22
Estimated Probable Reserves(2) | ||||
Natural Gas (MMcf) |
535,185 | |||
Oil/Condensate (MBbls) |
10,480 | |||
NGLs (MBbls) |
33,709 | |||
|
|
|||
Total estimated net probable reserves (MMcfe) |
800,317 | |||
|
|
|||
PV-10 of probable reserves (in millions)(1) |
$ | 1,052 | ||
Estimated Possible Reserves(2) | ||||
Natural Gas (MMcf) |
1,080,539 | |||
Oil/Condensate (MBbls) |
36,376 | |||
NGLs (MBbls) |
68,686 | |||
|
|
|||
Total estimated net possible reserves (MMcfe) |
1,710,913 | |||
|
|
|||
PV-10 of possible reserves (in millions)(1) |
$ | 2,386 |
(1) | PV-10 is a non-GAAP financial measure and differs from standardized measure, the most directly comparable GAAP financial measure. Please see Reserves. |
(2) | Substantially all of our estimated probable and possible reserves are classified as undeveloped. |
Production and Operating Data
Historical MRD Segment(1) |
MRD Segment Pro Forma |
|||||||||||
Year Ended December 31, |
Year
Ended December 31, |
|||||||||||
2013 | 2012 | 2013 | ||||||||||
Production and operating data: |
||||||||||||
Oil (MBbls) |
665 | 369 | 523 | |||||||||
NGLs (MBbls) |
1,457 | 898 | 1,454 | |||||||||
Natural gas (MMcf) |
34,092 | 24,130 | 33,205 | |||||||||
|
|
|
|
|
|
|||||||
Total (MMcfe) |
46,819 | 31,731 | 45,066 | |||||||||
Average net production (MMcfe/d) |
128.3 | 86.7 | 123.5 | |||||||||
Average sales price: |
||||||||||||
Oil (per Bbl) |
$ | 100.76 | $ | 95.56 | $ | 100.15 | ||||||
NGLs (per Bbl) |
36.99 | 40.78 | 36.93 | |||||||||
Natural gas (per Mcf) |
3.22 | 2.74 | 3.21 | |||||||||
|
|
|
|
|
|
|||||||
Average price per Mcfe |
$ | 4.93 | $ | 4.35 | $ | 4.73 | ||||||
Average unit costs per Mcfe: |
||||||||||||
Lease operating expenses |
$ | 0.53 | $ | 0.77 | $ | 0.52 | ||||||
Production and ad valorem taxes |
$ | 0.20 | $ | 0.24 | $ | 0.19 | ||||||
General and administrative(2) |
$ | 1.75 | $ | 1.21 | $ | 1.27 | ||||||
Depletion, depreciation and amortization |
$ | 1.86 | $ | 1.97 | $ | 1.69 |
(1) | Includes production and operating data for BlueStone, which will not be contributed to us in connection with the closing of this offering. The MRD Segment Pro Forma production and operating data has been adjusted to exclude the production and operating data for BlueStone. |
(2) | Includes $0.92 and $0.30 per Mcfe of incentive unit compensation expense for the historical MRD Segment for the years ended December 31, 2013 and 2012. The pro forma general and administrative expense for the year ended December 31, 2013 includes $0.50 per Mcfe of incentive unit compensation expense. |
23
Investing in our common stock involves a high degree of risk. You should carefully consider the risks and uncertainties described below, as well as other information contained in this prospectus, before investing in our common stock. If any of the following risks actually occur, our business, financial condition, operating results or cash flow could be materially and adversely affected.
Risks Related to Our Business
Oil, natural gas and NGL prices are volatile, due to factors beyond our control, and will greatly affect our business, results of operations, liquidity and financial condition.
Our revenues, operating results, profitability, liquidity, future growth and the value of our properties depend primarily on prevailing commodity prices. Historically, oil and natural gas prices have been volatile and fluctuate in response to changes in supply and demand, market uncertainty, and other factors that are beyond our control, including:
| the regional, domestic and foreign supply of oil, natural gas and NGLs; |
| the level of commodity prices and expectations about future commodity prices; |
| the level of global oil and natural gas exploration and production; |
| localized supply and demand fundamentals, including the proximity and capacity of pipelines and other transportation facilities, and other factors that result in differentials to benchmark prices from time to time; |
| the cost of exploring for, developing, producing and transporting reserves; |
| the price and quantity of foreign imports; |
| political and economic conditions in oil producing countries; |
| the ability of members of the Organization of Petroleum Exporting Countries to agree to and maintain oil price and production controls; |
| speculative trading in crude oil and natural gas derivative contracts; |
| the level of consumer product demand; |
| weather conditions and other natural disasters; |
| risks associated with operating drilling rigs; |
| technological advances affecting exploration and production operations and overall energy consumption; |
| domestic and foreign governmental regulations and taxes; |
| the continued threat of terrorism and the impact of military and other action; |
| the price and availability of competitors supplies of oil and natural gas and alternative fuels; and |
| overall domestic and global economic conditions. |
These factors and the volatility of the energy markets make it extremely difficult to predict future oil, natural gas and NGL price movements with any certainty. For example, for the five years ended December 31, 2013, the NYMEX-WTI oil future price ranged from a high of $113.93 per Bbl to a low of $33.98 per Bbl, while the NYMEX-Henry Hub natural gas future price ranged from a high of $7.50 per MMBtu to a low of $1.82 per MMBtu. Any substantial decline in commodity prices will likely have a material adverse effect on our operations and financial condition, as well as on our level of expenditures for the development of our reserves.
24
NGLs comprised 23% of our estimated proved reserves at December 31, 2013 and accounted for 22% of our production on a volume equivalent basis for the three months ended December 31, 2013. Realized NGL prices have decreased recently principally due to significant supply. NGLs are made up of ethane, propane, isobutane, normal butane and natural gasoline, all of which have different uses and different pricing characteristics. A further or extended decline in NGL prices could materially and adversely affect our future business, financial condition and results of operations.
The prices that we receive for our oil and natural gas production often reflect a regional discount, based on the location of production, to the relevant benchmark prices, such as NYMEX or ICE, that are used for calculating hedge positions. The prices we receive for our production are also affected by the specific characteristics of the production relative to production sold at benchmark prices. These discounts, if significant, could adversely affect our results of operations and financial condition.
We may have difficulty managing growth in our business, which could adversely affect our financial condition and results of operations.
As a recently formed company, growth in accordance with our business plan, if achieved, could place a significant strain on our financial, technical, operational and management resources. As we expand our activities and increase the number of projects we are evaluating or in which we participate, there will be additional demands on our financial, technical, operational and management resources. We depend on the services of certain former management members of WildHorse Resources for supervising and managing our drilling operations in the Terryville Complex, and in connection with the closing of the offering, we will enter into a services agreement with an entity managed by them for these same services. See Certain Relationships and Related Party TransactionsServices Agreement. Under certain circumstances, this agreement may be terminated by the parties thereto and we may be unable to find replacement services, which could materially and adversely affect our ability to execute our plans for the development of the Terryville Complex. In addition, the failure to continue to upgrade our technical, administrative, operating and financial control systems or the occurrences of unexpected expansion difficulties, including the failure to recruit and retain experienced managers, geologists, engineers and other professionals in the oil and natural gas industry, could have a material adverse effect on our business, financial condition and results of operations and our ability to timely execute our business plan.
Unless we replace the oil and natural gas reserves we produce, our revenues and production will decline, which would adversely affect our business, results of operations, liquidity and financial condition.
Producing oil and natural gas reservoirs are characterized by declining production rates that vary depending upon reservoir characteristics and other factors. Our future oil and natural gas reserves and production and therefore our cash flow and financial condition are highly dependent on our success in efficiently developing and exploiting our current reserves. Our production decline rates may be significantly higher than currently estimated if our wells do not produce as expected. Further, our decline rate may change when we drill additional wells or make acquisitions. We may not be able to develop, find or acquire additional reserves to replace our current and future production on economically acceptable terms, which would adversely affect our business, financial condition and results of operations.
If commodity prices decline, a significant portion of our development projects may become uneconomic and cause write downs of the value of our oil and natural gas properties, which may adversely affect our financial condition and liquidity.
Significantly lower oil prices, or sustained lower natural gas prices, would render many of our development and production projects uneconomic and result in a reduction of our estimated reserves, which would reduce the borrowing base under our new revolving credit facility and our ability to finance planned or desired capital expenditures or acquisitions.
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Deteriorating commodity prices may cause us to recognize impairments in the value of our properties. In addition, if our estimates of development costs increase, production data factors change or drilling results deteriorate, accounting rules may require us to write down, as a non-cash charge to earnings, the carrying value of our properties for impairments. We may incur impairment charges in the future, which could have a material adverse effect on our results of operations in the period taken.
Drilling for and producing oil and natural gas are high-risk activities with many uncertainties that may result in a total loss of investment or otherwise adversely affect our business, financial condition or results of operations.
Our drilling activities are subject to many risks. For example, we cannot assure you that wells drilled by us will be productive or that we will recover all or any portion of our investment in such wells. Drilling for oil and natural gas often involves unprofitable efforts, not only from dry holes but also from wells that are productive but do not produce sufficient oil or natural gas to return a profit at then-realized prices after deducting drilling, operating and other costs. The seismic data and other technologies we use do not allow us to know conclusively prior to drilling a well that oil or natural gas is present or that it can be produced economically. The costs of exploration, exploitation and development activities are subject to numerous uncertainties beyond our control, and increases in those costs can adversely affect the economics of a project. Further, our drilling and producing operations may be curtailed, delayed, canceled or otherwise negatively impacted as a result of other factors, including:
| unusual or unexpected geological formations; |
| loss of drilling fluid circulation; |
| loss of well control; |
| title problems; |
| facility or equipment malfunctions; |
| unexpected operational events; |
| shortages or delivery delays or increases in the cost of equipment and services; |
| reductions in oil, natural gas and NGL prices; |
| lack of proximity to and shortage of capacity of transportation facilities; |
| the limited availability of financing at acceptable rates; |
| delays imposed by or resulting from compliance with environmental and other governmental or regulatory requirements, which may include limitations on hydraulic fracturing or the discharge of greenhouse gases; and |
| adverse weather conditions. |
Any of these risks can cause substantial losses, including personal injury or loss of life, damage to or destruction of property, natural resources and equipment, pollution, environmental contamination or loss of wells and other regulatory penalties.
Part of our strategy involves using horizontal drilling and completion techniques, which involve risks and uncertainties in their application.
Our operations involve utilizing some of the latest drilling and completion techniques as developed by us and our service providers. Risks that we face while drilling horizontal wells include, but are not limited to, the following:
| landing our wellbore in the desired drilling zone; |
| staying in the desired drilling zone while drilling horizontally through the formation; |
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| running our casing the entire length of the wellbore; |
| being able to run tools and other equipment consistently through the horizontal wellbore. |
Risks that we face while completing our wells include, but are not limited to, the following:
| the ability to fracture stimulate the planned number of stages; |
| the ability to run tools the entire length of the wellbore during completion operations; and |
| the ability to successfully clean out the wellbore after completion of the final fracture stimulation stage. |
If our drilling results are less than anticipated, the return on our investment for a particular project may not be as attractive as we anticipated and we could incur material write-downs of unevaluated properties and the value of our undeveloped acreage could decline in the future.
Our development and exploratory drilling efforts and our well operations may not be profitable or achieve our targeted returns.
We own a significant amount of unproved property, which we expect to further our development efforts. We intend to continue to undertake acquisitions of unproved properties in the future. Development and exploratory drilling and production activities are subject to many risks, including the risk that no commercially productive reservoirs will be discovered. We acquire unproved properties and lease undeveloped acreage that we believe will enhance our growth potential and increase our results of operations over time. However, we cannot assure you that all prospects will be economically viable or that we will not abandon our investments. Additionally, we cannot assure you that unproved property acquired by us or undeveloped acreage leased by us will be profitably developed, that wells drilled by us in prospects that we pursue will be productive or that we will recover all or any portion of our investment in such unproved property or wells.
Our acreage must be drilled before lease expiration, generally within three to five years, in order to hold the acreage by production. In a highly competitive market for acreage, failure to drill sufficient wells to hold acreage may result in a substantial lease renewal cost, or if renewal is not feasible, loss of our lease and prospective drilling opportunities.
Leases on oil and natural gas properties typically have a term of three to five years, after which they expire unless, prior to expiration, production is established within the spacing units covering the undeveloped acres. As of December 31, 2013, we had 10,825 gross (6,985 net) acres scheduled to expire in 2014, 20,078 gross (12,015 net) acres scheduled to expire in 2015, 31,215 gross (20,875 net) acres scheduled to expire in 2016 and 28,228 gross (19,649 net) acres scheduled to expire in 2017. The cost to renew such leases may increase significantly, and we may not be able to renew such leases on commercially reasonable terms or at all. Moreover, many of our leases require lessor consent to pool, which may make it more difficult to hold our leases by production. Any reduction in our current drilling program, either through a reduction in capital expenditures or the unavailability of drilling rigs, could result in the loss of acreage through lease expirations. In addition, in order to hold our current leases scheduled to expire in 2014 and 2015, we will need to operate at least a one-rig program. We cannot assure you that we will have the liquidity to deploy these rigs when needed, or that commodity prices will warrant operating such a drilling program. Any such losses of leases could materially and adversely affect the growth of our asset base, cash flows and results of operations.
We may incur losses as a result of title defects in the properties in which we invest.
The existence of a material title deficiency can render a lease worthless and can adversely affect our results of operations and financial condition. While we typically obtain title opinions prior to commencing drilling operations on a lease or in a unit, the failure of title may not be discovered until after a well is drilled, in which case we may lose the lease and the right to produce all or a portion of the minerals under the property.
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Our project areas, which are in various stages of development, may not yield oil or natural gas in commercially viable quantities.
Our project areas are in various stages of development, ranging from project areas with current drilling or production activity to project areas that consist of recently acquired leasehold acreage or that have limited drilling or production history. At December 31, 2013, 10 gross (9.4 net) wells were in various stages of completion. If the wells in the process of being completed do not produce sufficient revenues to return a profit or if we drill dry holes in the future, our business may be materially affected. From January 2011 through December 31, 2013, we have drilled 83 gross (51.9 net) wells and, out of these wells, 3 gross (1.5 net) wells were dry holes.
Our identified drilling locations, which are scheduled out over many years, are susceptible to uncertainties that could materially alter the occurrence or timing of their drilling.
As of December 31, 2013, we had identified 1,582 gross (1,091 net) horizontal drilling locations on our existing acreage. Only 145 of these gross identified drilling locations had proved undeveloped reserves attributed to them in our reserve report. These drilling locations, including those with attributed proved undeveloped reserves, represent a significant part of our growth strategy. Our ability to drill and develop these locations depends on a number of factors, including the availability of capital, seasonal conditions, regulatory changes and approvals, negotiation of agreements with third parties, commodity prices, costs, the generation of additional seismic or geological information, the availability of drilling rigs, drilling results, construction of infrastructure, inclement weather, and lease expirations.
Further, our identified potential drilling locations are in various stages of evaluation, ranging from locations that are ready to drill to locations that will require substantial additional analysis of data. We cannot predict in advance of drilling and testing whether any particular drilling location will yield production in sufficient quantities to recover drilling or completion costs or to be economically viable. Even if sufficient amounts of oil or natural gas reserves exist, we may damage the potentially productive hydrocarbon bearing formation or experience mechanical difficulties while drilling or completing the well, possibly resulting in a reduction in production from the well or abandonment of the well. If we drill dry holes in our current and future drilling locations, our drilling success rate may decline and materially harm our business. We cannot assure you that the analogies we draw from available data from other wells, more fully explored locations or producing fields will be applicable to our drilling locations. Further, initial production rates reported by us or other operators in our areas of operations may not be indicative of future or long-term production rates.
A majority of our 1,431 gross horizontal drilling locations within the Terryville Complex are identified within four distinct zones, with such gross horizontal drilling locations being roughly evenly distributed amongst such four zones. To date, we have drilled 27 horizontal wells within the key formations in Terryville Complex. Accordingly, we have limited experience in drilling horizontal wells in the zones of the Terryville Complex to which we have ascribed a substantial majority of our gross identified drilling locations. Please see BusinessOur OperationsDrilling Locations for more information on our gross identified drilling locations.
Because of these uncertainties, we do not know if the potential drilling locations we have identified will ever be drilled or if we will be able to produce oil or natural gas reserves from these or any other potential drilling locations. As such, our actual drilling activities may materially differ from those presently identified, which could adversely affect our business, financial condition and results of operations.
We have identified drilling, recompletion and development locations and prospects for future drilling, recompletion and development. These drilling, recompletion and development locations represent a significant part of our future drilling and enhanced recovery opportunity plans. Our ability to drill, recomplete and develop these locations depends on a number of factors, including the availability of capital, seasonal conditions, regulatory approvals, negotiation of agreements with third parties, commodity prices, costs, the generation of additional seismic or geological information, the availability of drilling rigs, and drilling results. Because of these
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uncertainties, we cannot be certain of the timing of these activities or that they will ultimately result in the realization of estimated proved reserves or meet our expectations for success. As such, our actual drilling and enhanced recovery activities may materially differ from our current expectations, which could have a significant adverse effect on our estimated reserves, financial condition and results of operations.
The development of our proved undeveloped and unproved reserves may take longer and may require higher levels of capital expenditures than we anticipate and may not be economically viable.
Approximately 67% of our total proved reserves at December 31, 2013 were proved undeveloped reserves; those reserves may not be ultimately developed or produced. Recovery of proved undeveloped reserves requires significant capital expenditures and successful drilling operations. Moreover, the development of probable and possible reserves will require additional capital expenditures and such reserves are less certain to be recovered than proved reserves. The reserve data included in our reserve report assumes that substantial capital expenditures are required to develop such undeveloped reserves. We cannot be certain that the estimated costs of the development of these reserves are accurate, that development will occur as scheduled or that the results of such development will be as estimated. Delays in the development of our reserves or increases in costs to drill and develop such reserves will reduce future net revenues of our estimated proved undeveloped reserves and may result in some projects becoming uneconomic. In addition, delays in the development of reserves could cause us to have to reclassify our proved reserves as proved undeveloped reserves.
Our acquisition and development operations require substantial capital expenditures.
The development and production of our oil and natural gas reserves requires substantial capital expenditures. If our revenues decrease, as a result of lower oil or natural gas prices or for any other reason, we may not be able to obtain the capital necessary to sustain our operations at our current level. In addition, our ability to acquire additional properties will be adversely affected if we are unable to fund such acquisitions from cash flow from operations or other sources.
Shortages of rigs, equipment and crews could delay our operations, increase our costs and delay forecasted revenue.
Higher oil and natural gas prices generally increase the demand for rigs, equipment and crews and can lead to shortages of, and increasing costs for, development equipment, services and personnel. Shortages of, or increasing costs for, experienced development crews and oil field equipment and services could restrict our ability to drill the wells and conduct the operations that we currently have planned. Any delay in the development of new wells or a significant increase in development costs could reduce our revenues and thus the results of our operations.
Our hedging strategy may not effectively mitigate the impact of commodity price volatility from our cash flows, and our hedging activities could result in cash losses and may limit potential gains.
We intend to maintain a portfolio of commodity derivative contracts. These commodity derivative contracts include natural gas, oil and NGL financial swaps and collar contracts and natural gas basis financial swaps. The prices and quantities at which we enter into commodity derivative contracts covering our production in the future will be dependent upon oil and natural gas prices and price expectations at the time we enter into these transactions, which may be substantially higher or lower than current or future oil and natural gas prices. Accordingly, our price hedging strategy may not protect us from significant declines in oil and natural gas prices received for our future production. In addition, we expect that our new revolving credit facility will limit our ability to enter into commodity hedges covering greater than 85% of our reasonably anticipated projected production. Many of the derivative contracts to which we will be a party will require us to make cash payments to the extent the applicable index exceeds a predetermined price, thereby limiting our ability to realize the benefit of increases in oil and natural gas prices. If our actual production and sales for any period are less than our hedged production and sales for that period (including reductions in production due to operational delays) or if
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we are unable to perform our drilling activities as planned, we might be forced to satisfy all or a portion of our hedging obligations without the benefit of the cash flow from our sale of the underlying physical commodity, which may materially impact our liquidity.
Our hedging transactions expose us to counterparty credit risk.
Our hedging transactions expose us to risk of financial loss if a counterparty fails to perform under a derivative contract. Disruptions in the financial markets or other unforeseen events could lead to sudden changes in a counterpartys liquidity, which could impair its ability to perform under the terms of the derivative contract and, accordingly, prevent us from realizing the benefit of the derivative contract.
Reserve estimates depend on many assumptions that may turn out to be inaccurate. Any material inaccuracies in our reserve estimates or underlying assumptions will materially affect the quantities and present value of our reserves.
The process of estimating natural gas and oil reserves is complex. It requires interpretations of available technical data and many assumptions, including assumptions relating to current and future economic conditions and commodity prices. Any significant inaccuracies in these interpretations or assumptions could materially affect our estimated quantities and present value of our reserves.
In order to prepare our estimates, we must project production rates and timing of development expenditures. We must also analyze available geological, geophysical, production and engineering data. The extent, quality and reliability of this data can vary.
The process also requires economic assumptions about matters such as natural gas prices, oil prices, drilling and operating expenses, capital expenditures, taxes and availability of funds.
Actual future production, oil prices, natural gas prices, revenues, taxes, development expenditures, operating expenses and quantities of recoverable reserves will vary from our estimates. Any significant variance could materially affect the estimated quantities and present value of our reserves. In addition, we may adjust our reserve estimates to reflect production history, results of exploration and development, existing commodity prices and other factors, many of which are beyond our control.
You should not assume that the present value of future net revenues from our reserves is the current market value of our estimated reserves. We generally base the estimated discounted future net cash flows from our reserves on prices and costs on the date of the estimate. Actual future prices and costs may differ materially from those used in the present value estimate.
Any material inaccuracies in these reserve estimates or underlying assumptions will materially affect the quantities and present value of our reserves, which could adversely affect our business, results of operations and financial condition.
SEC rules could limit our ability to book additional PUDs in the future.
SEC rules require that, subject to limited exceptions, PUDs may only be booked if they relate to wells scheduled to be drilled within five years after the date of booking. This requirement has limited and may continue to limit our ability to book additional PUDs as we pursue our drilling program. Moreover, we may be required to write down our PUDs if we do not drill those wells within the required five-year timeframe.
The PV-10 of our estimated proved, probable and possible reserves is not necessarily the same as the current market value of our estimated proved oil and natural gas reserves.
The present value of future net cash flows from our proved, probable and possible reserves shown in this report, or PV-10, may not be the current market value of our estimated natural gas and oil reserves. In accordance
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with rules established by the SEC and the Financial Accounting Standards Board (FASB), we base the estimated discounted future net cash flows from our proved reserves on the 12-month average oil and gas index prices, calculated as the unweighted arithmetic average for the first-day-of-the-month price for each month and costs in effect on the date of the estimate, holding the prices and costs constant throughout the life of the properties. Actual future prices and costs may differ materially from those used in the net present value estimate, and future net present value estimates using then current prices and costs may be significantly less than the current estimate. In addition, the 10% discount factor we use when calculating discounted future net cash flows may not be the most appropriate discount factor based on interest rates in effect from time to time and risks associated with us or the natural gas and oil industry in general.
Our producing properties are concentrated in North Louisiana and East Texas, making us vulnerable to risks associated with operating in one major geographic area.
Our producing properties are geographically concentrated in North Louisiana and East Texas. At December 31, 2013, 99% of our total estimated proved reserves and for the three months ended December 31, 2013, 99% of our net average daily production were attributable to properties located in this area. As a result of this concentration, we may be disproportionately exposed to the impact of regional supply and demand factors, delays or interruptions of production from wells in this area caused by governmental regulation, processing or transportation capacity constraints, market limitations, availability of equipment and personnel, water shortages or other drought related conditions or interruption of the processing or transportation of oil, natural gas or NGLs.
Expenses not covered by our insurance could have a material adverse effect on our financial position, results of operations and cash flows.
Our operations are subject to all of the hazards and operating risks associated with drilling for and production of oil and natural gas, including natural disasters, the risk of fire, explosions, blowouts, surface cratering, uncontrollable flows of natural gas, oil and formation water, pipe or pipeline failures, abnormally pressured formations, casing collapses and environmental hazards such as oil spills, natural gas leaks, ruptures or discharges of toxic gases. In addition, our operations are subject to risks associated with hydraulic fracturing, including any mishandling, surface spillage or potential underground migration of fracturing fluids, including chemical additives. The location of any properties and other assets near populated areas, including residential areas, commercial business centers and industrial sites, could significantly increase the level of damages resulting from these risks. The occurrence of any of these events could result in substantial losses to us due to injury or loss of life, severe damage to or destruction of property, natural resources and equipment, pollution or other environmental damage, clean-up responsibilities, regulatory investigation and penalties, suspension of operations, substantial revenue losses and repairs to resume operations.
We maintain insurance coverage against potential losses that we believe is customary in the industry. However, these policies may not cover all liabilities, claims, fines, penalties or costs and expenses that we may incur in connection with our business and operations, including those related to environmental claims. Pollution and environmental risks generally are not fully insurable. In addition, we cannot assure you that we will be able to maintain adequate insurance at rates we consider reasonable. We may elect not to obtain insurance if we believe that the cost of available insurance is excessive relative to the perceived risks presented. A loss not fully covered by insurance could have a material adverse effect on our financial position, results of operations and cash flows.
We may be unable to make attractive acquisitions or successfully integrate acquired businesses, and any inability to do so may disrupt our business and hinder our ability to grow.
In the future we may make acquisitions of businesses that complement or expand our current business. We may not be able to identify attractive acquisition opportunities. Even if we do identify attractive acquisition opportunities, we may not be able to complete the acquisition or do so on commercially acceptable terms.
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Any acquisition involves potential risks, including, among other things:
| the validity of our assumptions about estimated proved reserves, future production, revenues, capital expenditures, operating expenses and costs; |
| the assumption of unknown liabilities, losses or costs for which we are not indemnified or for which any indemnity we receive is inadequate; |
| an inability to obtain satisfactory title to the assets we acquire; and |
| potential lack of operating experience in the geographic market where the acquired assets or business are located. |
The success of any completed acquisition will depend on our ability to integrate effectively the acquired business into our existing operations. The process of integrating acquired businesses may involve unforeseen difficulties and may require a disproportionate amount of our managerial and financial resources. In addition, possible future acquisitions may be larger and for purchase prices significantly higher than those paid for earlier acquisitions. No assurance can be given that we will be able to identify additional suitable acquisition opportunities, negotiate acceptable terms, obtain financing for acquisitions on acceptable terms or successfully acquire identified targets. Our failure to achieve consolidation savings, to integrate the acquired businesses and assets into our existing operations successfully or to minimize any unforeseen operational difficulties could have a material adverse effect on our financial condition and results of operations.
NGP, the Funds and their affiliates are not limited in their ability to compete with us, which could cause conflicts of interest and limit our ability to acquire additional assets or businesses.
Our governing documents provide that NGP and the Funds and their respective affiliates (including NGP and its affiliates portfolio investments) are not restricted from owning assets or engaging in businesses that compete directly or indirectly with us. In addition, NGP and the Funds and their respective affiliates may acquire, develop or dispose of additional oil and natural gas properties or other assets in the future, without any obligation to offer us the opportunity to purchase or develop any of those assets.
NGP and the Funds are established participants in the oil and natural gas industry, and have resources greater than ours, which factors may make it more difficult for us to compete with them with respect to commercial activities as well as for potential acquisitions. As a result, competition from these affiliates could adversely impact our results of operations.
We may be unable to compete effectively with larger companies.
The oil and natural gas industry is intensely competitive with respect to acquiring prospects and productive properties, marketing oil and natural gas, and securing equipment and trained personnel. Our ability to acquire additional properties and to discover reserves in the future will depend on our ability to evaluate and select suitable properties and to consummate transactions in a highly competitive environment. Many of our larger competitors not only drill for and produce oil and natural gas but also carry on refining operations and market petroleum and other products on a regional, national or worldwide basis, and many of our competitors have access to capital at a lower cost than that available to us. These companies may be able to pay more for oil and natural gas properties and evaluate, bid for and purchase a greater number of properties than our financial, technical or personnel resources permit. In addition, there is substantial competition for investment capital in the oil and natural gas industry. These larger companies may have a greater ability to continue development activities during periods of low oil and natural gas prices and to absorb the burden of present and future federal, state, local and other laws and regulations. Furthermore, we may not be able to aggregate sufficient quantities of production to compete with larger companies that are able to sell greater volumes of production to intermediaries, thereby reducing the realized prices attributable to our production. Any inability to compete effectively with larger companies could have a material adverse impact on our business activities, financial condition and results of operations.
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We require substantial capital expenditures to conduct our operations, engage in acquisition activities and replace our production, and we may be unable to obtain needed financing on satisfactory terms necessary to execute our operating strategy.
We require substantial capital expenditures to conduct our exploration, development and production operations, engage in acquisition activities and replace our production. We have established a capital budget for 2014 of approximately $316 million and we intend to rely on cash flow from operating activities as our primary sources of liquidity. We also may engage in asset and equity sale transactions to, among other things, fund capital expenditures when market conditions permit us to complete transactions on terms we find acceptable. There can be no assurance that such sources will be sufficient to fund our exploration, development and acquisition activities. If our revenues and cash flows decrease in the future as a result of a decline in commodity prices or a reduction in production levels, however, and we are unable to obtain additional equity or debt financing in the capital markets or access alternative sources of funds, we may be required to reduce the level of our capital expenditures and may lack the capital necessary to replace our reserves or maintain our production levels.
Our business depends in part on pipelines, gathering systems and processing facilities owned by us or others. Any limitation in the availability of those facilities could interfere with our ability to market our oil and natural gas production.
The marketability of our oil and natural gas production depends in part on the availability, proximity and capacity of pipelines and other transportation methods, gathering systems and processing facilities owned by third parties. The amount of oil and natural gas that can be produced and sold is subject to curtailment in certain circumstances, such as pipeline interruptions due to scheduled and unscheduled maintenance, excessive pressure, physical damage or lack of contracted capacity on such systems. Our access to transportation options can also be affected by U.S. federal and state regulation of oil and natural gas production and transportation, general economic conditions and changes in supply and demand. The curtailments arising from these and similar circumstances may last from a few days to several months. In many cases, we are provided with only limited, if any, notice as to when these circumstances will arise and their duration. Any significant curtailment in gathering system or transportation or processing facility capacity could reduce our ability to market our oil and natural gas production and harm our business.
Our use of 2-D and 3-D seismic data is subject to interpretation and may not accurately identify the presence of oil and natural gas, which could adversely affect the results of our drilling operations.
Even when properly used and interpreted, 2-D and 3-D seismic data and visualization techniques are only tools used to assist geoscientists in identifying subsurface structures and hydrocarbon indicators and do not enable the interpreter to know whether hydrocarbons are, in fact, present in those structures. In addition, the use of 3-D seismic and other advanced technologies requires greater predrilling expenditures than traditional drilling strategies, and we could incur losses as a result of such expenditures. As a result, our drilling activities may not be successful or economical.
Conservation measures and technological advances could reduce demand for oil and natural gas.
Fuel conservation measures, alternative fuel requirements, increasing consumer demand for alternatives to oil and natural gas, technological advances in fuel economy and energy generation devices could reduce demand for oil and natural gas. The impact of the changing demand for oil and natural gas services and products may have a material adverse effect on our business, financial condition, results of operations and cash flows.
We are subject to complex federal, state, local and other laws and regulations that could adversely affect the cost, manner or feasibility of conducting our operations.
Our natural gas and oil exploration, production, and transportation operations are subject to complex and stringent laws and regulations. To conduct our operations in compliance with these laws and regulations, we
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must obtain and maintain numerous permits, approvals and certificates from various federal, state and local governmental authorities. We may incur substantial costs in order to maintain compliance with these existing laws and regulations. In addition, the trend in environmental regulation is to place more restrictions and limitations on activities that may affect the environment and thus, our costs of compliance may increase if existing laws and regulations are revised or reinterpreted, or if new laws and regulations become applicable to our operations. Failure to comply with laws and regulations applicable to our operations, including any evolving interpretation and enforcement by governmental authorities, could have a material adverse effect on our business, financial condition, and results of operations.
Our oil and natural gas development and production operations are also subject to stringent and complex federal, state and local laws and regulations governing the discharge of materials into the environment, health and safety aspects of our operations, or otherwise relating to environmental protection. These laws and regulations may impose numerous obligations applicable to our operations including the acquisition of a permit before conducting regulated drilling activities; the restriction of types, quantities and concentration of materials that can be released into the environment; the limitation or prohibition of drilling activities on certain lands lying within wilderness, wetlands and other protected areas; the application of specific health and safety criteria addressing worker protection; and the imposition of substantial liabilities for pollution resulting from our operations. Numerous governmental authorities, such as the U.S. Environmental Protection Agency, or the EPA, and analogous state agencies have the power to enforce compliance with these laws and regulations and the permits issued under them. Such enforcement actions often involve taking difficult and costly compliance measures or corrective actions. Failure to comply with these laws and regulations may result in the assessment of sanctions, including administrative, civil or criminal penalties, the imposition of investigatory or remedial obligations, and the issuance of orders limiting or prohibiting some or all of our operations. In addition, we may experience delays in obtaining or be unable to obtain required permits, which may delay or interrupt our operations and limit our growth and revenue.
Certain environmental laws impose strict as well as joint and several liability for costs required to remediate and restore sites where hazardous substances, hydrocarbons, or solid wastes have been stored or released. We may be required to remediate contaminated properties currently or formerly operated by us or facilities of third parties that received waste generated by our operations regardless of whether such contamination resulted from the conduct of others or from consequences of our own actions that were in compliance with all applicable laws at the time those actions were taken. In addition, claims for damages to persons or property, including natural resources, may result from the environmental, health and safety impacts of our operations. Moreover, public interest in the protection of the environment has increased dramatically in recent years. The trend of more expansive and stringent environmental legislation and regulations applied to the crude oil and natural gas industry could continue, resulting in increased costs of doing business and consequently affecting profitability. To the extent laws are enacted or other governmental action is taken that restricts drilling or imposes more stringent and costly operating, waste handling, disposal and cleanup requirements, our business, prospects, financial condition or results of operations could be materially adversely affected.
Please read BusinessRegulation of Environmental and Occupational Health and Safety Matters for a further description of the laws and regulations that affect us.
Climate change legislation or regulations restricting emissions of greenhouse gases, or GHGs could result in increased operating costs and reduced demand for the oil and natural gas that we produce.
Recent scientific studies have suggested that emissions of certain gases, commonly referred to as GHGs, including carbon dioxide and methane, may be contributing to warming of the earths atmosphere and other climatic changes. In December 2009, the EPA published its findings that emissions of GHGs present an endangerment to public health and the environment because emissions of such gases are, according to the EPA, contributing to the warming of the earths atmosphere and other climatic changes. Based on these findings, the EPA adopted regulations under existing provisions of the federal Clean Air Act that establish Prevention of
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Significant Deterioration, or PSD, and Title V permit reviews for GHG emissions from certain large stationary sources. Facilities required to obtain PSD permits for their GHG emissions also will be required to meet best available control technology standards that will be established by the states or, in some cases, by the EPA on a case-by-case basis. The EPA has also adopted rules requiring the monitoring and reporting of GHG emissions from specified sources in the United States, including, among others, certain oil and natural gas production facilities on an annual basis, which includes certain of our operations. In addition, in August 2012, the EPA established new source performance standards for volatile organic compounds and sulfur dioxide and an air toxic standard for oil and natural gas production, transmission, and storage. The rules include the first federal air standards for natural gas wells that are hydraulically fractured, or refractured, as well as requirements for several other sources, such as storage tanks and other equipment, and limits methane emissions from these sources in an effort to reduce GHG emissions.
While Congress has from time to time considered legislation to reduce emissions of GHGs, there has not been significant activity in the form of adopted legislation to reduce GHG emissions at the federal level in recent years. In the absence of such federal climate legislation, a number of state and regional efforts have emerged that are aimed at tracking and/or reducing GHG emissions by means of cap and trade programs that typically require major sources of GHG emissions, such as electric power plants, to acquire and surrender emission allowances in return for emitting those GHGs. If Congress undertakes comprehensive tax reform in the coming year, it is possible that such reform may include a carbon tax, which could impose additional direct costs on operations and reduce demand for refined products. In any event, the Obama administration has announced its Climate Action Plan, which, among other things, directs federal agencies to develop a strategy for the reduction of methane emissions, including emissions from the oil and gas industry. As part of the Climate Action Plan, the Obama Administration also announced that it intends to adopt additional regulations to reduce emissions of GHGs and to encourage greater use of low carbon technologies in the coming years. Although it is not possible at this time to predict how legislation or new regulations that may be adopted to address GHG emissions would impact our business, any such future laws and regulations that require reporting of GHGs or otherwise limit emissions of GHGs from our equipment and operations could require us to incur costs to monitor and report on GHG emissions or reduce emissions of GHGs associated with our operations, and such requirements also could adversely affect demand for the oil and natural gas that we produce. Finally, it should be noted that some scientists have concluded that increasing concentrations of GHGs in the Earths atmosphere may produce climate changes that have significant physical effects, such as increased frequency and severity of storms, droughts and floods and other climatic events. If any such effects were to occur, they could have an adverse effect on our financial condition and results of operations. Please read BusinessRegulation of Environmental and Occupational Health and Safety Matters for a further description of the laws and regulations that affect us.
The third parties on whom we rely for gathering and transportation services are subject to complex federal, state and other laws that could adversely affect the cost, manner or feasibility of conducting our business.
The operations of the third parties on whom we rely for gathering and transportation services are subject to complex and stringent laws and regulations that require obtaining and maintaining numerous permits, approvals and certifications from various federal, state and local government authorities. These third parties may incur substantial costs in order to comply with existing laws and regulations. If existing laws and regulations governing such third-party services are revised or reinterpreted, or if new laws and regulations become applicable to their operations, these changes may affect the costs that we pay for such services. Similarly, a failure to comply with such laws and regulations by the third parties on whom we rely could have a material adverse effect on our business, financial condition and results of operations. See BusinessRegulation of Environmental and Occupational Health and Safety Matters and BusinessRegulation of the Oil and Natural Gas Industry for a description of the laws and regulations that affect the third parties on whom we rely.
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Derivatives reform legislation and related regulations could have an adverse effect on our ability to hedge risks associated with our business.
The July 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, or the Dodd-Frank Act, provides for federal oversight of the over-the-counter derivatives market and entities that participate in that market and mandates that the Commodity Futures Trading Commission, or CFTC, adopt rules or regulations implementing the Dodd-Frank Act and providing definitions of terms used in the Dodd-Frank Act. The Dodd-Frank Act establishes margin requirements and requires clearing and trade execution practices for certain market participants and may result in certain market participants needing to curtail or cease their derivatives activities. Although many of the rules necessary to implement the Dodd-Frank Act remain to be adopted, the CFTC has issued a large number of rules to implement the Dodd-Frank Act, including a rule establishing an end-user exception to mandatory clearing, referred to herein as the End-User Exception, and a rule imposing position limits, referred to herein as the Position Limit Rule.
We qualify as a non-financial entity for purposes of the End-User Exception and, as such, we will be eligible for and expect to utilize such exception and, as a result, our hedging activity will not be subject to mandatory clearing or the margin requirements imposed in connection with mandatory clearing. However, most if not all of our hedge counterparties will be subject to mandatory clearing in connection with their hedging activities with parties who do not qualify for the End-User Exception. The Position Limit Rule was vacated and remanded to the CFTC for further proceedings by order of the United States District Court for the District of Columbia on September 28, 2012. The Dodd-Frank Act, the rules which have been adopted and not vacated, and, to the extent that a position limit rule is ultimately effected, could significantly increase the cost of derivative contracts (including through requirements to post collateral), materially alter the terms of derivative contracts, reduce the availability of derivatives to protect against risks we encounter, reduce our ability to monetize or restructure our existing derivative contracts, and increase our exposure to less creditworthy counterparties. If we reduce our use of derivatives as a result of the Dodd-Frank Act and regulations, our results of operations may become more volatile and our cash flows may be less predictable, which could adversely affect our ability to plan for and fund capital expenditures. Finally, the Dodd-Frank Act was intended, in part, to reduce the volatility of oil and natural gas prices, which some legislators attributed to speculative trading in derivatives and commodity contracts related to oil and natural gas. Our revenues could therefore be adversely affected if a consequence of the Dodd-Frank Act and regulations is to lower commodity prices. Any of these consequences could have a material adverse effect on us, our financial condition, and our results of operations.
Federal and state legislative and regulatory initiatives relating to hydraulic fracturing could result in increased costs and additional operating restrictions or delays, and adversely affect our production.
Hydraulic fracturing is an essential and common practice in the oil and gas industry used to stimulate production of natural gas and/or oil from dense subsurface rock formations. Hydraulic fracturing involves using water, sand, and certain chemicals to fracture the hydrocarbon-bearing rock formation to allow flow of hydrocarbons into the wellbore. We routinely apply hydraulic fracturing techniques in our drilling and completion programs. While hydraulic fracturing has historically been regulated by state oil and natural gas commissions, the practice has become increasingly controversial in certain parts of the country, resulting in increased scrutiny and regulation. For example, the EPA has asserted federal regulatory authority over certain hydraulic-fracturing activities under the Safe Drinking Water Act, or the SDWA, involving the use of diesel fuels and published permitting guidance in February 2014 addressing the use of diesel in fracturing operations. Although the EPA is not the permitting authority for the SDWAs Underground Injection Control Class II programs in Louisiana, Texas, Wyoming, New Mexico, or Colorado, where we or MEMP maintain operational acreage, the EPA is encouraging state programs to review and consider use of such draft guidance. Also, in October 2011, the EPA announced its plan to propose federal pre-treatment standards for wastewater generated during the hydraulic fracturing process. Hydraulic fracturing stimulation requires the use of a significant volume of water with some resulting flowback, as well as produced water. If adopted, the new pretreatment rules will require shale gas operations to pretreat wastewater before transferring it to treatment facilities. Proposed
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rules are expected sometime in 2014. Moreover, the EPA has indicated that it may develop and issue regulations under the Toxic Substances Control Act to require companies to disclose information regarding the chemicals used in hydraulic fracturing; however, to date, it has taken no action to do so.
In August 2012, the EPA adopted rules that subject oil and natural gas production, processing, transmission, and storage operations to regulation under the New Source Performance Standards, or NSPS, and National Emission Standards for Hazardous Air Pollutants programs. In September 2013, the EPA issued an amendment extending compliance dates for certain storage vessels. The EPAs final rule includes NSPS standards for completions of hydraulically fractured wells and establishes specific new requirements for emissions from compressors, controllers, dehydrators, storage vessels, natural gas processing plants and certain other equipment. The rule is designed to limit emissions of volatile organic compounds, or VOCs, sulfur dioxide, and hazardous air pollutants from a variety of sources within natural gas processing plants, oil and natural gas production facilities, and natural gas transmission compressor stations. The EPAs rule requires the reduction of VOC emissions from oil and natural gas production facilities by mandating the use of green completions for hydraulic fracturing, which requires the operator to recover rather than vent the gas and natural gas liquids that come to the surface during completion of the fracturing process. Under the rule, green completions will be phased in, and are not mandatory until January 2015. This rule could require a number of modifications to our operations including the installation of new equipment. Compliance with such rules could result in significant costs, including increased capital expenditures and operating costs, and could adversely impact our business.
In addition, in May 2013, the federal Bureau of Land Management published a supplemental notice of proposed rulemaking governing hydraulic fracturing on federal and Indian lands that replaces a prior draft of proposed rulemaking issued by the agency in May 2012. The revised proposed rule would continue to require public disclosure of chemicals used in hydraulic fracturing on federal and Indian lands, confirmation that wells used in fracturing operations meet appropriate construction standards, and development of appropriate plans for managing flowback water that returns to the surface.
There are also certain governmental reviews either underway or being proposed that focus on environmental aspects of hydraulic fracturing practices. The EPA has commenced a study of the potential environmental effects of hydraulic fracturing on drinking water and groundwater. A draft report is expected to be released for public comment and review in late 2014 with the final report expected to be completed sometime in 2016. The EPAs study could spur initiatives to further regulate hydraulic fracturing under the SDWA or other regulatory mechanisms. Other governmental agencies, including the U.S. Department of Energy and the U.S. Department of the Interior, have evaluated or are evaluating various other aspects of hydraulic fracturing. These ongoing or proposed studies, depending on their degree of pursuit and any meaningful results obtained, could spur initiatives to further regulate hydraulic fracturing under the federal Safe Drinking Water Act or other regulatory mechanisms.
Additionally, Congress from time to time has considered the adoption of legislation to provide for federal regulation of hydraulic fracturing and to require disclosure of the chemicals used in the hydraulic fracturing process. Certain states, including Texas and Colorado, have adopted, and other states are considering adopting, regulations that could impose more stringent permitting, public disclosure, and well construction requirements on hydraulic-fracturing operations or otherwise seek to ban fracturing activities altogether. For example in May 2013, the Texas Railroad Commission adopted new rules governing well casing, cementing and other standards for ensuring that hydraulic fracturing operations do not contaminate nearby water resources. In addition to state laws, local land use restrictions, such as city ordinances, may restrict or prohibit the performance of well drilling in general and/or hydraulic fracturing in particular. In the event state, local, or municipal legal restrictions are adopted in areas where we are currently conducting, or in the future plan to conduct operations, we may incur additional costs to comply with such requirements that may be significant in nature, experience delays or curtailment in the pursuit of exploration, development, or production activities, and perhaps even be precluded from the drilling of wells.
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If these or any other new laws or regulations that significantly restrict hydraulic fracturing are adopted at the state and local level, such laws could make it more difficult or costly for us to perform fracturing to stimulate production from dense subsurface rock formations and, in the event of local prohibitions against commercial production of natural gas, may preclude our ability to drill wells. In addition, if hydraulic fracturing becomes regulated at the federal level as a result of federal legislation or regulatory initiatives by the EPA or other federal agencies, our fracturing activities could become subject to additional permitting requirements and result in permitting delays as well as potential increases in costs. Restrictions on hydraulic fracturing could also reduce the amount of oil and natural gas that we are ultimately able to produce from our reserves.
Oil and natural gas producers operations, especially those using hydraulic fracturing, are substantially dependent on the availability of water. Restrictions on the ability to obtain water may impact our operations.
Water is an essential component of oil and natural gas production during the drilling, and in particular, hydraulic fracturing, process. Our inability to locate sufficient amounts of water, or dispose of or recycle water used in our exploration and production operations, could adversely impact our operations. Moreover, the imposition of new environmental initiatives and regulations could include restrictions on our ability to conduct certain operations such as hydraulic fracturing or disposal of waste, including, but not limited to, produced water, drilling fluids and other wastes associated with the exploration, development or production of natural gas. The Federal Water Pollution Control Act (the CWA) imposes restrictions and strict controls regarding the discharge of produced waters and other natural gas and oil waste into navigable waters. Permits must be obtained to discharge pollutants to waters and to conduct construction activities in waters and wetlands. The CWA and similar state laws provide for civil, criminal and administrative penalties for any unauthorized discharges of pollutants and unauthorized discharges of reportable quantities of oil and other hazardous substances. State and federal discharge regulations prohibit the discharge of produced water and sand, drilling fluids, drill cuttings and certain other substances related to the natural gas and oil industry into coastal waters. Also, the EPA has adopted regulations requiring certain natural gas and oil exploration and production facilities to obtain permits for storm water discharges. Compliance with current and future environmental regulations and permit requirements governing the withdrawal, storage and use of surface water or groundwater necessary for hydraulic fracturing of wells may increase our operating costs and cause delays, interruptions or termination of our operations, the extent of which cannot be predicted.
We are not the only partners in MEMP, and MEMPs partnership agreement requires it to distribute all available cash to its partners, including public unitholders.
MEMP is a publicly traded limited partnership. We own MEMP GP, the sole general partner of MEMP, and are entitled to 50% of any cash distributed in respect of MEMPs incentive distribution rights. Following the restructuring transactions, MRD Holdings will own 5,360,912 subordinated units representing a 8.7% limited partner interest in MEMP. The remainder of the outstanding limited partner interests in MEMP are common units owned by public unitholders. MEMPs partnership agreement requires it to distribute, on a quarterly basis, 100% of its available cash to its partners. We receive only our proportionate share of cash distributions from MEMP based on our partner interests in it. The remainder of the quarterly cash distributions is distributed, pro rata, to the public unitholders (and, in the case of 50% of the incentive distribution rights, to the Funds).
For MEMP, available cash is generally all cash on hand at the end of each quarter, after payment of fees and expenses and the establishment of cash reserves by its general partner. MEMP GP determines the amount and timing of cash distributions by MEMP and has broad discretion to establish and make additions to MEMPs reserves in amounts the general partner determines to be necessary or appropriate:
| to provide for the proper conduct of partnership business, which could include, but is not limited to, amounts reserved for capital expenditures, working capital and operating expenses; |
| to comply with applicable law, any of MEMPs debt instruments or other agreements; and |
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| to provide funds for distributions to the unitholders and the general partner for any one or more of the next four calendar quarters. |
Accordingly, cash distributions we receive on our MEMP partner interests may be reduced at any time, or we may not receive any cash distributions from MEMP.
The amount of cash that MEMP will be able to distribute to us principally depends upon the amount of cash it can generate from its oil and natural gas production business.
A significant decline in MEMPs earnings or cash distributions would have a negative impact on its distributions to its partners, including us. The amount of cash that MEMP will be able to distribute to its partners, including us, each quarter principally depends upon the amount of cash it can generate from its oil and natural gas production business. That amount of cash will fluctuate from quarter to quarter based on, among other things:
| the amount of oil, natural gas and NGLs MEMP produces; |
| the prices at which MEMP sells its oil, natural gas and NGL production; |
| the amount and timing of settlements of its commodity derivatives; |
| the level of MEMPs operating costs, including maintenance capital expenditures and payments to MEMP GP and its affiliates; and |
| the level of MEMPs interest expense, which depends on the amount of its indebtedness and the interest payable thereon. |
Because of these factors, MEMP may not have sufficient available cash each quarter to continue paying distributions at their current level or at all. In addition, our 50% incentive distribution rights are only entitled to distributions from MEMP in any quarter if MEMP has paid at least $0.54625 on each outstanding common unit and subordinated unit for such quarter. If MEMP reduces its per unit distribution below such amounts, we will receive less cash.
Conflicts of interest may arise because the board of directors of MEMP GP has a fiduciary duty to manage the general partner in a manner that is beneficial to the owner of MEMP GP, and at the same time, to manage MEMP in a manner that is beneficial to the MEMP unitholders. Conflicts may also arise because our executive officers have significant equity interests in MEMP.
We own MEMP GP, the sole general partner of MEMP. MEMP is a publicly traded limited partnership. The board of directors of MEMP GP owes specified duties to the MEMP unitholders, and also owes specified duties to us as owner of MEMP GP. As a result of these conflicts, the board of directors of MEMP GP may favor the interests of the MEMP public unitholders over our interests.
Our executive officers have significant equity interests in MEMP. Mr. Weinzierl, our Chief Executive Officer, owns 359,925 MEMP common units; Mr. Scarff, our President, owns 1,538 MEMP common units; Mr. Cozby, our Vice President and Chief Financial Officer, owns 101,837 MEMP common units; Mr. Forney, our Vice President, Operations, owns 92,447 MEMP common units; Mr. Roane, our Vice President, General Counsel and Corporate Secretary, owns 47,930 MEMP common units; and Mr. Robbins, our Vice President, Corporate Development, owns 53,801 MEMP common units. As a result of our executive officers significant holdings of MEMP common units, our executive officers may favor the interests of MEMP over our interests.
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If MEMPs unitholders remove MEMP GP, we would lose our general partner interest and incentive distribution rights in MEMP and the ability to manage MEMP.
We currently manage our investment in MEMP through our ownership interest in MEMP GP. MEMPs partnership agreement, however, gives unitholders of MEMP the right to remove its general partner upon the affirmative vote of holders of 66 2/3% of the MEMPs outstanding units. If MEMP GP were removed as general partner of MEMP, it would receive cash or common units in exchange for its 0.1% general partner interest and incentive distribution rights and would also lose its ability to manage MEMP. While the cash or common units the general partner would receive are intended under the terms of MEMPs partnership agreement to fully compensate MEMP GP in the event such an exchange is required, the value of the investments we make with the cash or the common units may not over time be equivalent to the value of the general partner interest and the incentive distribution rights had MEMP GP retained them.
Restrictions in our existing and future debt agreements could limit our growth and our ability to engage in certain activities.
We have, and after the consummation of this offering will continue to have, a substantial amount of indebtedness. As of December 31, 2013, on a pro forma basis and after giving effect to this offering, the transactions described in Restructuring Transactions and the application of the net proceeds therefrom, we would have had aggregate indebtedness of approximately $ million. The terms and conditions governing our indebtedness:
| require us to dedicate a substantial portion of our cash flow from operations to service our existing debt, thereby reducing the cash available to finance our operations and other business activities and could limit our flexibility in planning for or reacting to changes in our business and the industry in which we operate; |
| increase our vulnerability to economic downturns and adverse developments in our business; |
| limit our ability to access the capital markets to raise capital on favorable terms or to obtain additional financing for working capital, capital expenditures or acquisitions or to refinance existing indebtedness; |
| place restrictions on our ability to obtain additional financing, make investments, lease equipment, sell assets and engage in business combinations; |
| place us at a competitive disadvantage relative to competitors with lower levels of indebtedness in relation to their overall size or less restrictive terms governing their indebtedness; and |
| limit managements discretion in operating our business. |
Our ability to meet our expenses and debt obligations will depend on our future performance, which will be affected by financial, business, economic, regulatory and other factors. We will not be able to control many of these factors, such as economic conditions and governmental regulation. We cannot be certain that our cash flow will be sufficient to allow us to pay the principal and interest on our debt and meet our other obligations. If we do not have enough money, we may be required to refinance all or part of our existing debt, sell assets, borrow more money or raise equity. We may not be able to refinance our debt, sell assets, borrow more money or raise equity on terms acceptable to us, if at all. For example, our existing and future debt agreements will require that we satisfy certain conditions, including coverage and leverage ratios, to borrow money. Our existing and future debt agreements will also restrict the payment of dividends and distributions by certain of our subsidiaries to us, which could affect our access to cash. In addition, our ability to comply with the financial and other restrictive covenants in our indebtedness will be affected by the levels of cash flow from our operations and future events and circumstances beyond our control. Failure to comply with these covenants would result in an event of default under our indebtedness, and such an event of default could adversely affect our business, financial condition and results of operations.
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We may not be able to generate enough cash flow to meet our debt obligations and may be forced to take other actions to satisfy our debt obligations which may not be successful.
We expect our earnings and cash flow to vary significantly from year to year due to the cyclical nature of our industry. As a result, the amount of debt that we can service in some periods may not be appropriate for us in other periods. Moreover, and subject to certain limitations, we and our subsidiaries may be able to incur substantial additional indebtedness in the future. Additionally, our future cash flow may be insufficient to meet our debt obligations and commitments. Any insufficiency could negatively impact our business. A range of economic, competitive, business and industry factors will affect our future financial performance, and, as a result, our ability to generate cash flow from operations and from our subsidiaries and to pay our debt. Many of these factors, such as oil and natural gas prices, economic and financial conditions in our industry and the global economy or competitive initiatives of our competitors, are beyond our control.
If we do not generate enough cash flow from operations and from our subsidiaries to satisfy our debt obligations, we may have to undertake alternative financing plans, such as:
| refinancing or restructuring our debt; |
| selling assets; |
| reducing or delaying capital investments; or |
| seeking to raise additional capital. |
However, we cannot assure you that undertaking alternative financing plans, if necessary, would allow us to meet our debt obligations. Our inability to generate sufficient cash flow to satisfy our debt obligations or to obtain alternative financing, could materially and adversely affect our ability to make payments on our indebtedness and our business, financial condition and results of operations.
Furthermore, our ability to restructure or refinance our indebtedness will depend on the condition of the capital markets and our financial condition at such time. Any refinancing of our indebtedness could be at higher interest rates and may require us to comply with more onerous covenants, which could further restrict our business operations. The terms of existing or future debt instruments, including our new revolving credit facility, may restrict us from adopting some of these alternatives. In addition, any failure to make payments of interest and principal on our outstanding indebtedness on a timely basis would likely result in a reduction of our credit rating, which could harm our ability to incur additional indebtedness. In the absence of sufficient cash flows and capital resources, we could face substantial liquidity problems and might be required to dispose of material assets or operations to meet our debt service and other obligations. Our existing debt instruments currently restrict, and we expect our new revolving credit facility will restrict, our ability to dispose of assets and our use of the proceeds from such disposition. We may not be able to consummate those dispositions, and the proceeds of any such disposition may not be adequate to meet any debt service obligations then due. These alternative measures may not be successful and may not permit us to meet our scheduled debt service obligations.
Risks Relating to this Offering and Our Common Stock
There is no existing market for our common stock, and we do not know if one will develop, which could impede your ability to sell your shares and may depress the market price of our common stock.
There has not been a public market for our common stock prior to this offering. We cannot predict the extent to which investor interest in us will lead to the development of an active trading market or how liquid that market might become. If an active trading market does not develop, you may have difficulty selling any of our common stock that you buy. The initial public offering price for the common stock will be determined by negotiations between us, MRD Holdings and the underwriters and may not be indicative of prices that will prevail in the open market following this offering. See Underwriting. Consequently, you may be unable to sell our common stock at prices equal to or greater than the price you pay in this offering.
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The underwriters of this offering may waive or release parties to the lock-up agreements entered into in connection with this offering, which could adversely affect the price of our common stock.
MRD Holdings, certain former management members of WildHorse Resources and our directors and executive officers have entered into lock-up agreements with respect to their common stock, pursuant to which they are subject to certain resale restrictions for a period of 180 days following the date of this prospectus. Citigroup Global Markets Inc., at any time, may release all or any portion of the common stock subject to the foregoing lock-up agreements. If the restrictions under the lock-up agreements are waived, then common stock will be available for sale into the public markets, which could cause the market price of our common stock to decline and impair our ability to raise capital.
If securities or industry analysts do not publish research or reports about our business, if they adversely change their recommendations regarding our common stock or if our operating results do not meet their expectations, our stock price could decline.
The trading market for our common stock will be influenced by the research and reports that industry or securities analysts publish about us or our business. If one or more of these analysts cease coverage of our company or fail to publish reports on us regularly, we could lose visibility in the financial markets, which in turn could cause our stock price or trading volume to decline. Moreover, if one or more of the analysts who cover our company downgrades our common stock or if our operating results do not meet their expectations, our stock price could decline.
NGP controls more than a majority of our common stock, and its interests may conflict with those of our other stockholders.
Upon completion of this offering, NGP, through the Funds, will beneficially own all of MRD Holdings, which will own in the aggregate approximately % of the combined voting power of our common stock (or approximately % if the underwriters option to purchase additional shares of common stock from MRD Holdings is exercised in full). In connection with the completion of this offering, MRD Holdings and certain former management members of WildHorse Resources (which former management members will own in the aggregate approximately % of the combined voting power of our common stock) will enter into a voting agreement, pursuant to which, they will agree, among other things, to vote all of their shares as directed by MRD Holdings. As a result, MRD Holdings and, thus, NGP will be able to control matters requiring stockholder approval, including the election of directors, changes to our organizational documents and significant corporate transactions. This concentration of ownership makes it unlikely that any other holder or group of holders of our common stock will be able to affect the way we are managed or the direction of our business. The interests of NGP with respect to matters potentially or actually involving or affecting us, such as future acquisitions, financings and other corporate opportunities and attempts to acquire us, may conflict with the interests of our other stockholders. Given this concentrated ownership, NGP would have to approve any potential acquisition of us. In addition, certain of our directors are currently employees of NGP. These directors duties as employees of NGP may conflict with their duties as our directors, and the resolution of these conflicts may not always be in our or your best interest.
Many of the directors and all of the officers who have responsibility for our management have significant duties with, and spend significant time serving, entities that may compete with us in seeking acquisitions and business opportunities and, accordingly, may have conflicts of interest in allocating time or pursuing business opportunities.
All of our officers hold similar positions with MRD Holdings and MEMP GP, and many of our directors, who are responsible for managing the direction of our operations and acquisition activities, hold positions of responsibility with other entities (including NGP-affiliated entities) that are in the business of identifying and acquiring oil and natural gas properties. For example, the Funds and their affiliates (including NGP) are in the business of investing in oil and natural gas companies with independent management teams that also seek to
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acquire oil and natural gas properties, and MRD Holdings and MEMP are both in the business of acquiring and developing oil and natural gas properties. Mr. Hersh, one of our directors, is a managing partner of NGP; Mr. Gieselman, one of our directors, is a managing director of NGP; Mr. Weber, one of our directors, is a managing partner of NGP and serves as Chief Operating Officer for NGP; and Mr. Weinzierl, our Chief Executive Officer and one of our directors, is the Chief Executive Officer and Chairman of MEMP GP, and was a managing director and operating partner of NGP and continues to hold ownership interests in the Funds and certain of their affiliates. Our officers will continue to devote significant time to the business of MEMP and MRD Holdings and face conflicts in allocating their time on our behalf and on behalf of MEMP GP and MRD Holdings. Our officers have also historically received a significant portion of their overall compensation in MEMP unit awards under the long term incentive plan of MEMP GP. We cannot assure you that any conflicts that may arise between us and our stockholders, on the one hand, and MRD Holdings, MEMP, or the Funds, on the other hand, will be resolved in our favor. The existing positions held by these directors and officers may give rise to fiduciary or other duties that are in conflict with the duties they owe to us. These officers and directors may become aware of business opportunities that may be appropriate for presentation to us as well as to the other entities with which they are or may become affiliated. Due to these existing and potential future affiliations, they may present potential business opportunities to other entities prior to presenting them to us, which could cause additional conflicts of interest. They may also decide that certain opportunities are more appropriate for other entities with which they are affiliated, and as a result, they may elect not to present those opportunities to us. These conflicts may not be resolved in our favor. For additional discussion of our managements business affiliations and the potential conflicts of interest of which our stockholders should be aware, see Certain Relationships and Related Party Transactions.
The corporate opportunity provisions in our amended and restated certificate of incorporation could enable NGP, MRD Holdings or the Funds to benefit from corporate opportunities that might otherwise be available to us.
Subject to the limitations of applicable law, our amended and restated certificate of incorporation, among other things:
| permits any of NGP, MRD Holdings, the Funds, their respective affiliates, or our officers or directors to conduct business that competes with us and to make investments in any kind of property in which we may make investments; and |
| provides that if NGP, MRD Holdings, the Funds or their respective affiliates or any director or officer of one of our affiliates, NGP, MRD Holdings, the Funds or their respective affiliates who is also one of our officers or directors becomes aware of a potential business opportunity, transaction or other matter, they will have no duty to communicate or offer that opportunity to us. |
As a result, NGP, MRD Holdings, the Funds or their affiliates may become aware, from time to time, of certain business opportunities (such as acquisition opportunities) and may direct such opportunities to other businesses in which they have invested, in which case we may not become aware of or otherwise have the ability to pursue such opportunity. Further, such businesses may choose to compete with us for these opportunities. As a result, our renouncing our interest and expectancy in any business opportunity that may be from time to time presented to NGP, MRD Holdings or the Funds and their affiliates could adversely impact our business or prospects if attractive business opportunities are procured by such parties for their own benefit rather than for ours. Please read Description of Capital Stock.
We will be a controlled company within the meaning of the NASDAQ rules and, as a result, will qualify for, and intend to rely on, exemptions from certain corporate governance requirements.
Upon the closing of this offering, MRD Holdings and certain former management members of WildHorse Resources, as a group, will continue to control a majority of our voting common stock. As a result, we will be a controlled company within the meaning of applicable corporate governance standards. Under the NASDAQ
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rules, a company of which more than 50% of the voting power is held by an individual, group or another company is a controlled company and may elect not to comply with certain corporate governance requirements, including:
| the requirement that we have a majority of independent directors on our Board; |
| the requirement that we have a nominating committee that is composed entirely of independent directors with a written charter addressing the committees purpose and responsibilities; |
| the requirement that we have a compensation committee that is composed entirely of independent directors; and |
| the requirement for an annual performance evaluation of the nominating and compensation committees. |
Following this offering, we intend to utilize the foregoing exemptions from the applicable corporate governance requirements. As a result, we will not have a majority of independent directors and will not have a compensation committee. See Management. Accordingly, you will not have the same protections afforded to stockholders of companies that are subject to all of the applicable corporate governance requirements.
The price of our common stock may fluctuate significantly and you could lose all or part of your investment.
Volatility in the market price of our common stock may prevent you from being able to sell your common stock at or above the price you paid for your common stock. The market price for our common stock could fluctuate significantly for various reasons, including:
| our operating and financial performance and prospects; |
| changes in earnings estimates or recommendations by securities analysts who track our common stock or industry; |
| market and industry perception of our success, or lack thereof, in pursuing our growth strategy; and |
| sales of common stock by us, our stockholders (including the Funds), or members of our management team. |
In addition, the stock market has experienced significant price and volume fluctuations in recent years. This volatility has had a significant impact on the market price of securities issued by many companies, including companies in our industries. The changes frequently appear to occur without regard to the operating performance of the affected companies. Hence, the price of our common stock could fluctuate based upon factors that have little or nothing to do with us, and these fluctuations could materially reduce our share price.
We currently have no plans to pay regular dividends on our common stock, so you may not receive funds without selling your common stock.
We currently have no plans to pay regular dividends on our common stock. Any payment of dividends in the future will be at the discretion of our Board and will depend on, among other things, our earnings, financial condition and business opportunities, the restrictions in our debt agreements, and other considerations that our Board deems relevant. Accordingly, you may have to sell some or all of your common stock in order to generate cash flow from your investment.
Future sales or the possibility of future sales of a substantial amount of our common stock may depress the price of shares of our common stock.
We may sell additional shares of common stock in subsequent public offerings or otherwise, including to finance acquisitions. Our amended and restated certificate of incorporation which we will adopt in connection
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with the closing of this offering will authorize us to issue shares of common stock, of which shares will be outstanding upon consummation of this offering. The outstanding share number includes shares that we and MRD Holdings are selling in this offering, which may be resold immediately in the public market. The remaining outstanding shares are restricted from immediate resale under the lock-up agreements with the underwriters described in Underwriting, but may be sold into the market in the near future. Following the expiration of the applicable lock-up period, which is 180 days after the date of this prospectus, shares of our common stock will be freely transferable without restriction or further registration under the Securities Act, except for any such shares which are held or may be acquired by any of our affiliates as that term is defined in Rule 144 under the Securities Act, which will be subject to the resale limitations of Rule 144. See Shares Eligible for Future Sale for a discussion of the shares of our common stock that may be sold into the public market in the future.
MRD Holdings and certain former management members of WildHorse Resources will be party to the Registration Rights Agreement, which will require us to effect the registration of their shares in certain circumstances no earlier than the expiration of the lock-up period contained in the underwriting agreement entered into in connection with this offering. Upon the effectiveness of such a registration statement, all shares covered by the registration statement would be freely transferable without restriction or further registration under the Securities Act, except for any such shares which are acquired by any of our affiliates as that term is defined in Rule 144 under the Securities Act, which will be subject to the resale limitations of Rule 144. See Certain Relationships and Related Party TransactionsRegistration Rights Agreement.
As soon as practicable after this offering, we intend to file a registration statement with the SEC on Form S-8 providing for the registration of shares of our common stock issued or reserved for issuance under our Memorial Resource Development Corp. 2014 Long Term Incentive Plan that we plan to adopt prior to the completion of this offering. Subject to the satisfaction of vesting conditions and the expiration of lock-up agreements, shares registered under our registration statement on Form S-8 will be available for resale immediately in the public market without restriction.
We cannot predict the size of future issuances of our common stock or the effect, if any, that future issuances and sales of our common stock will have on the market price of our common stock. Sales of substantial amounts of our common stock (including any shares issued in connection with an acquisition), or the perception that such sales could occur, may adversely affect prevailing market prices for our common stock.
Our organizational documents and the voting agreement may impede or discourage a takeover, which could deprive our investors of the opportunity to receive a premium for their shares.
Provisions of our amended and restated certificate of incorporation, our amended and restated bylaws to be effective upon the completion of this offering and the voting agreement may make it more difficult for, or prevent a third party from, acquiring control of us. These provisions include:
| requiring that certain former management members of WildHorse Resources vote all of their shares of our common stock, including with respect to the election of our directors, as directed by MRD LLC; |
| at such time MRD Holdings, NGP or as the Funds no longer beneficially own or control the voting of more than 50% of our outstanding common stock, our Board will be divided into three classes with each class serving staggered three year terms; |
| at such time MRD Holdings, NGP or as the Funds no longer beneficially own or control the voting of more than 50% of our outstanding common stock, any action by stockholders may only be taken at an annual meeting or special meeting and may no longer be effected by a written consent of the stockholders, subject to the rights of any series of preferred stock with respect to such rights; |
| at such time as MRD Holdings, NGP or the Funds no longer beneficially own or control the voting of more than 50% of our outstanding common stock, special meetings of our stockholders may only be |
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called by our Board pursuant to a resolution adopted by the affirmative vote of a majority of the total number of authorized directors whether or not there exist any vacancies in previously authorized directorships (prior to such time, a special meeting may also be called at the request of stockholders holding a majority of the outstanding shares entitled to vote); |
| at such time as MRD Holdings, NGP or the Funds no longer beneficially own or control the voting of more than 50% of our outstanding common stock, the affirmative vote of the holders of at least 75% in voting power of all then outstanding common stock entitled to vote generally in the election of directors, voting together as a single class, shall be required to remove any or all of the directors from office at any time; |
| prohibiting cumulative voting in the election of directors; and |
| authorizing the issuance of blank check preferred stock without any need for action by stockholders. |
Our issuance of shares of preferred stock could delay or prevent a change in control of us. Our Board has authority to issue shares of preferred stock without stockholder approval in one or more series, designate the number of shares constituting any series, and fix the rights, preferences, privileges and restrictions thereof, including dividend rights, voting rights, rights and terms of redemption, redemption price or prices and liquidation preferences of such series. The issuance of shares of our preferred stock may have the effect of delaying, deferring or preventing a change in control without further action by the stockholders, even where stockholders are offered a premium for their shares.
Together, our amended and restated certificate of incorporation, amended and restated bylaws and the voting agreement could make the removal of management more difficult and may discourage transactions that otherwise could involve payment of a premium over prevailing market prices for our common stock. Furthermore, the existence of the foregoing provisions, as well as the significant amount of common stock beneficially owned by the Funds following this offering, could limit the price that investors might be willing to pay in the future for shares of our common stock. They could also deter potential acquirers of us, thereby reducing the likelihood that you could receive a premium for your common stock in an acquisition. See Description of Capital StockAnti-Takeover Effects of Provisions of Our Amended and Restated Certificate of Incorporation, our Amended and Restated Bylaws and Delaware Law.
We have engaged in transactions with our affiliates and expect to do so in the future. The terms of such transactions and the resolution of any conflicts that may arise may not always be in our or our stockholders best interests.
We have engaged in transactions and expect to continue to engage in transactions with affiliated companies, as described under the caption Certain Relationships and Related Party Transactions. The resolution of any conflicts that may arise in connection with any related party transactions that we have entered into with MEMP, NGP, MRD Holdings, the Funds or their affiliates, including pricing, duration or other terms of service, may not always be in our or our stockholders best interests because NGP or the Funds may have the ability to influence the outcome of these conflicts. For a discussion of potential conflicts, please read NGP controls more than a majority of our common stock, and its interests may conflict with those of our other stockholders.
You will experience an immediate and substantial dilution in the net tangible book deficit of the common stock you purchase.
After giving effect to this offering and the other adjustments described in Dilution, we expect that our pro forma as adjusted net tangible book deficit as of December 31, 2013 would be $ per share. Based on an assumed initial public offering price of $ per share, the midpoint of the estimated offering range set forth on the cover page of this prospectus, you will experience immediate and substantial dilution of approximately $ per share in net tangible book deficit of the common stock you purchase in this offering. See Dilution, including the discussion of the effects on dilution from a change in the price of this offering.
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We may issue preferred stock whose terms could adversely affect the voting power or value of our common stock.
Our amended and restated certificate of incorporation authorizes us to issue, without the approval of our stockholders, one or more classes or series of preferred stock having such designations, preferences, limitations and relative rights, including preferences over our common stock respecting dividends and distributions, as our Board may determine. The terms of one or more classes or series of preferred stock could adversely impact the voting power or value of our common stock. For example, we might grant holders of preferred stock the right to elect some number of our directors in all events or on the happening of specified events or the right to veto specified transactions. Similarly, the repurchase or redemption rights or liquidation preferences we might assign to holders of preferred stock could affect the residual value of the common stock. See Description of Capital StockLimitation of Liability and Indemnification Matters.
The additional requirements of having a class of publicly traded equity securities may strain our resources and distract management.
After the consummation of this offering, we will be subject to additional reporting requirements of the Securities and Exchange Act of 1934 (the Exchange Act), the Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act. The Dodd-Frank Act effects comprehensive changes to public company governance and disclosures in the United States and will subject us to additional federal regulation. We cannot predict with any certainty the requirements of the regulations ultimately adopted or how the Dodd-Frank Act and such regulations will impact the cost of compliance for a company with publicly traded common stock. We are currently evaluating and monitoring developments with respect to the Dodd-Frank Act and other new and proposed rules and cannot predict or estimate the amount of the additional costs we may incur or the timing of such costs. These laws, regulations and standards are subject to varying interpretations, in many cases due to their lack of specificity, and, as a result, their application in practice may evolve over time as new guidance is provided by regulatory and governing bodies. This could result in continuing uncertainty regarding compliance matters and higher costs necessitated by ongoing revisions to disclosure and governance practices. We intend to invest resources to comply with evolving laws, regulations and standards, and this investment may result in increased general and administrative expenses and a diversion of managements time and attention from revenue-generating activities to compliance activities. If our efforts to comply with new laws, regulations and standards differ from the activities intended by regulatory or governing bodies due to ambiguities related to practice, regulatory authorities may initiate legal proceedings against us and our business may be harmed. We also expect that being a company with publicly traded common stock and these new rules and regulations will make it more expensive for us to obtain director and officer liability insurance, and we may be required to accept reduced coverage or incur substantially higher costs to obtain coverage. These factors could also make it more difficult for us to attract and retain qualified members of our Board, particularly to serve on our audit committee, and qualified executive officers.
The Sarbanes-Oxley Act requires that we maintain effective disclosure controls and procedures and internal control over financial reporting. These requirements may place a strain on our systems and resources. Under Section 404 of the Sarbanes-Oxley Act, we will be required to include a report of management on our internal control over financial reporting in our Annual Reports on Form 10-K beginning with the Form 10-K for the year ending December 31, 2014. In order to maintain and improve the effectiveness of our disclosure controls and procedures and internal control over financial reporting, significant resources and management oversight will be required. This may divert managements attention from other business concerns, which could have a material adverse effect on our business, financial condition, results of operations and cash flows. If we are unable to conclude that our disclosure controls and procedures and internal control over financial reporting are effective, or if we are no longer an emerging growth company and our independent public accounting firm is unable to provide us with an unqualified report on our internal control over financial reporting in future years, investors may lose confidence in our financial reports and our stock price may decline.
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We will remain an emerging growth company for up to five years. After we are no longer an emerging growth company, we expect to incur significant additional expenses and devote substantial management effort toward ensuring compliance with those requirements applicable to companies that are not emerging growth companies, including Section 404 of the Sarbanes-Oxley Act. Please read We will incur increased costs as a result of being a public company, which may significantly affect our financial condition.
We will incur increased costs as a result of being a public company, which may significantly affect our financial condition.
As a public company, we will incur significant legal, accounting and other expenses that we did not incur as a private company. We will incur costs associated with our public company reporting requirements. We also anticipate that we will incur costs associated with corporate governance requirements, including requirements under the Sarbanes-Oxley Act, as well as rules implemented by the SEC and the Financial Industry Regulatory Authority. We expect these rules and regulations to increase our legal and financial compliance costs and to make some activities more time-consuming and costly, particularly after we are no longer an emerging growth company. We also expect these rules and regulations may make it more difficult and more expensive for us to obtain director and officer liability insurance and we may be required to accept reduced policy limits and coverage or incur substantially higher costs to obtain the same or similar coverage. As a result, it may be more difficult for us to attract and retain qualified individuals to serve on our Board or as executive officers.
We are an emerging growth company and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies will make our common stock less attractive to investors.
We are an emerging growth company, as defined in the JOBS Act, and we intend to take advantage of certain exemptions from various reporting requirements that are applicable to other public companies, including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved. We intend to take advantage of these reporting exemptions until we are no longer an emerging growth company. We cannot predict if investors will find our common stock less attractive because we will rely on these exemptions. If some investors find our common stock less attractive as a result, there may be a less active trading market for our common stock and our stock price may be more volatile.
We will cease to be an emerging growth company upon the earliest of (i) the last day of the fiscal year in which we have $1.0 billion or more in annual revenues, (ii) the date on which we become a large accelerated filer (the fiscal year-end on which the total market value of our common equity securities held by non-affiliates is $700 million or more as of June 30), (iii) the date on which we issue more than $1.0 billion of non-convertible debt over a three-year period, or (iv) the last day of the fiscal year following the fifth anniversary of our initial public offering.
In addition, Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards, but we have irrevocably opted out of the extended transition period and, as a result, we will adopt new or revised accounting standards on the relevant dates in which adoption of such standards is required for other public companies.
To the extent that we rely on any of the exemptions available to emerging growth companies, you will receive less information about our executive compensation and internal control over financial reporting than issuers that are not emerging growth companies. If some investors find our common stock to be less attractive as a result, there may be a less active trading market for our common stock and our stock price may be more volatile.
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If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud. As a result, our shareholders could lose confidence in our financial reporting, which would harm our business and the trading price of our common stock.
Effective internal controls are necessary for us to provide reliable financial reports, prevent fraud and operate successfully as a public company. If we cannot provide reliable financial reports or prevent fraud, our reputation and operating results would be harmed. We cannot be certain that our efforts to maintain our internal controls will be successful, that we will be able to maintain adequate controls over our financial processes and reporting in the future or that we will be able to comply with our obligations under Section 404 of the Sarbanes Oxley Act of 2002. Any failure to maintain effective internal controls, or difficulties encountered in implementing or improving our internal controls, could harm our operating results or cause us to fail to meet our reporting obligations. Ineffective internal controls could also cause investors to lose confidence in our reported financial information, which would likely have a negative effect on the trading price of our common stock.
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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus contains forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control. All statements, other than statements of historical fact included in this prospectus, are forward-looking statements. When used in this prospectus, the words could, should, will, believe, anticipate, intend, estimate, expect, may, continue, predict, plan, potential, pursue, target, project, forecast, the negative of such terms, or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.
Forward-looking statements may include statements about:
| our business strategy; |
| our estimated reserves and the present value thereof; |
| our technology; |
| our cash flows and liquidity; |
| our financial strategy, budget, projections and future operating results; |
| realized commodity prices; |
| timing and amount of future production of reserves; |
| availability of drilling and production equipment; |
| availability of pipeline capacity; |
| availability of oilfield labor; |
| the amount, nature and timing of capital expenditures, including future development costs; |
| availability and terms of capital; |
| drilling of wells, including statements made about future horizontal drilling activities; |
| competition; |
| government regulations; |
| marketing of production; |
| exploitation or property acquisitions; |
| costs of exploiting and developing our properties and conducting other operations; |
| general economic and business conditions; |
| competition in the oil and natural gas industry; |
| effectiveness of our risk management activities; |
| environmental and other liabilities; |
| counterparty credit risk; |
| taxation of the oil and natural gas industry; |
| developments in other countries that produce oil and natural gas; |
| uncertainty regarding future operating results; |
| plans and objectives of management; and |
| plans, objectives, expectations and intentions contained in this prospectus that are not historical. |
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These types of statements, other than statements of historical fact included in this prospectus, are forward-looking statements. These forward-looking statements may be found in Summary, Risk Factors, Managements Discussion and Analysis of Financial Condition and Results of Operations and other sections of this prospectus. These statements discuss future expectations, contain projections of results of operations or of financial condition or include other forward-looking information. These forward-looking statements involve risks and uncertainties. Important factors that could cause our actual results or financial condition to differ materially from our expectations include, but are not limited to, the following risks and uncertainties:
| variations in the market demand for, and prices of, oil, natural gas and NGLs; |
| uncertainties about our estimated reserves; |
| the adequacy of our capital resources and liquidity including, but not limited to, access to additional borrowing capacity under our new revolving credit facility; |
| general economic and business conditions; |
| risks associated with negative developments in the capital markets; |
| failure to realize expected value creation from property acquisitions; |
| uncertainties about our ability to replace reserves and economically develop our current reserves; |
| drilling results; |
| potential financial losses or earnings reductions from our commodity price risk management programs; |
| adoption or potential adoption of new governmental regulations; |
| the availability of capital on economic terms to fund our capital expenditures and acquisitions; |
| risks associated with our substantial indebtedness; and |
| our ability to satisfy future cash obligations and environmental costs. |
The forward-looking statements contained in this prospectus are largely based on our expectations, which reflect estimates and assumptions made by our management. These estimates and assumptions reflect our best judgment based on currently known market conditions and other factors. Although we believe such estimates and assumptions to be reasonable, they are inherently uncertain and involve a number of risks and uncertainties that are beyond our control. In addition, managements assumptions about future events may prove to be inaccurate. All readers are cautioned that the forward-looking statements contained in this prospectus are not guarantees of future performance, and we cannot assure any reader that such statements will be realized or that the events or circumstances described in any forward-looking statement will occur. Actual results may differ materially from those anticipated or implied in the forward-looking statements due to factors described in the Risk Factors section of this prospectus and elsewhere in this prospectus. All forward-looking statements speak only as of the date on which they are made. We do not intend to update or revise any forward-looking statements as a result of new information, future events or otherwise. These cautionary statements qualify all forward-looking statements attributable to us or persons acting on our behalf.
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Assuming an initial public offering price of $ per share, the midpoint of the range set forth on the cover page of this prospectus, we estimate that we will receive net proceeds from this offering of approximately $ million, after deducting underwriting discounts and commissions and fees and expenses associated with this offering and the restructuring transactions of $ million payable by us.
The following table illustrates our use of proceeds of this offering and borrowings under our new revolving credit facility:
Sources of Cash (In millions) |
Uses of Cash (In millions) |
|||||||||
Net proceeds from this offering |
$ | Redemption of PIK notes(1) |
$ | |||||||
Borrowings under our new revolving credit facility |
Cash consideration to certain former management members of WildHorse Resources(2) |
|||||||||
Repayment of outstanding borrowings under WildHorse Resources credit agreements(2) |
||||||||||
Reimbursement to MRD LLC for June 15 interest payment on the PIK notes(2) |
||||||||||
General corporate purposes |
||||||||||
|
|
|
|
|||||||
Total |
$ | Total |
$ | |||||||
|
|
|
|
(1) | Includes the payment of principal plus any applicable premium and accrued and unpaid interest, if any, to the date of redemption, which we expect will be 30 days after the closing of this offering. Until such redemption date or any earlier discharge date, we will use the amount to be paid to the holders of the PIK notes to temporarily reduce amounts outstanding under our new revolving credit facility. |
(2) | Please see Restructuring Transactions for additional discussion of the cash consideration that will be paid to certain former management members of WildHorse Resources and the reimbursement to MRD LLC and Management Discussion and Analysis of Financial Condition and Results of OperationsDebt AgreementsMRD SegmentWildHorse Resources Revolving Credit Facility and Second Lien Facility (To Be Terminated at Closing) for a description of the repayment of outstanding borrowings under WildHorse Resources credit agreements that will be made in connection with the restructuring transactions. |
We will not receive any proceeds from the sale of shares of our common stock by MRD Holdings, including pursuant to any exercise by the underwriters of their option to purchase additional shares of our common stock. MRD Holdings is deemed under federal securities laws to be an underwriter with respect to the common stock it may sell in connection with this offering.
Each $1.00 increase (decrease) in the assumed initial public offering price of $ per share would increase (decrease) the net proceeds to us from this offering by $ million, assuming the number of shares offered by us, as set forth on the cover page of this prospectus, remains the same and after deducting the estimated underwriting discounts and commissions and estimated expenses payable by us. An increase (decrease) of 1,000,000 in the number of shares we are offering would increase (decrease) the net proceeds to us from this offering, after deducting the estimated underwriting discounts and commissions and estimated expenses payable by us, by approximately $ million, assuming the initial public offering price per share remains the same.
The PIK notes bear interest at the rate of 10.00% per annum if paid in cash and 10.75% per annum if paid as PIK interest and mature on December 15, 2018. MRD LLC used the net proceeds from the offering of the PIK notes after paying offering expenses to repay all amounts outstanding under its senior secured credit facility, to fund a debt service reserve account for the payment of interest on the PIK notes, to pay a distribution to the Funds and for general company purposes. In connection with the closing of this offering, we will enter into a new revolving credit facility and use a portion of the borrowings under that agreement to repay outstanding borrowings under WildHorse Resources credit agreements, which will be terminated upon repayment. Borrowings under WildHorse Resources credit agreements were used to acquire assets, to make capital expenditures and for other general corporate purposes. See Managements Discussion and Analysis of Financial Condition and Results of OperationsDebt AgreementsMRD Segment.
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We do not anticipate declaring or providing any cash dividends to holders of our common stock in the foreseeable future. We currently intend to retain all future earnings, if any, for use in the operation of our business and to fund future growth. The decision whether to pay dividends in the future will be made by our Board in light of conditions then existing, including factors such as our financial condition, earnings, available cash, business opportunities, legal requirements, restrictions in our debt agreements, and other contracts and other factors our Board deems relevant.
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The following table shows our predecessors cash and cash equivalents and our predecessors capitalization as of December 31, 2013:
| on an actual basis; and |
| on an as adjusted basis to give effect to (i) the restructuring transactions described under Restructuring Transactions, (ii) borrowing $ million under our new revolving credit facility to repay outstanding borrowings under WildHorse Resources credit agreements, and (iii) the issuance and sale of shares of common stock in this offering by us and our application of the net proceeds as described under Use of Proceeds. |
You should read this table together with Restructuring Transactions, Use of Proceeds, and Managements Discussion and Analysis of Financial Condition and Results of Operations and the pro forma and historical consolidated financial statements included elsewhere in this prospectus. For a description of the pro forma adjustments, please read our Unaudited Pro Forma Combined Financial Statements.
At December 31, 2013 | ||||||
Actual | As Adjusted | |||||
Cash and cash equivalents(1) |
$ | 77,721 | ||||
Restricted cash(2) |
50,000 | |||||
Long-term debt: |
||||||
MRD Segment: |
||||||
WildHorse Resources revolving credit facility |
203,100 | |||||
WildHorse Resources second lien term loan |
325,000 | |||||
MRD senior secured revolving credit facility |
| |||||
10.00%/10.75% Senior PIK Toggle Notes due 2018 |
343,050 | |||||
MEMP Segment: |
||||||
MEMP revolving credit facility |
103,000 | |||||
7.625% senior notes due 2021 |
689,067 | |||||
|
|
| ||||
Total long-term debt |
1,663,217 | |||||
Members equity: |
||||||
MRD LLC members equity |
277,517 | |||||
Stockholders equity: |
||||||
Common stock, $0.01 par value, 1,000 shares authorized, 100 shares issued and outstanding (historical); shares authorized, shares issued and outstanding |
| |||||
Additional paid-in capital |
| |||||
Accumulated deficit |
| |||||
|
|
| ||||
Total Memorial Resource Development Corp. stockholders equity |
||||||
Noncontrolling interest |
580,615 | |||||
|
|
| ||||
Total capitalization |
2,521,349 | |||||
|
|
|
(1) | Includes $13.1 million of cash and cash equivalents related to MEMP and its subsidiaries. |
(2) | Represents the $50 million of restricted cash held in the debt service reserve account related to, including as security for payment of interest and certain other payments on, the PIK notes of which $32.8 million (net of approximately $17.2 million to be used to pay accrued interest on the PIK notes on June 15, 2014 if this offering does not close by such date) is to be retained by MRD LLC in the restructuring transactions and released to MRD Holdings upon redemption of the PIK notes (which we expect will be 30 days after the closing of this offering). We will reimburse MRD LLC for the approximately $17.2 million interest payment, or, if this offering closes before June 15, 2014, we will make such interest payment with borrowings under our new revolving credit facility. |
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Dilution is the amount by which the offering price paid by the purchasers of the common stock to be sold in this offering exceeds the net tangible book value (deficit) per share of common stock after the offering. Net tangible book value per share is determined at any date by subtracting our total liabilities from the total book value of our tangible assets and dividing the difference by the number of shares of common stock deemed to be outstanding at that date. There will be shares of our common stock reserved for future awards under the Memorial Resource Development Corp. 2014 Long Term Incentive Plan as of the consummation of this offering.
Our net tangible book value as of December 31, 2013 was $ million, or $ per share. After giving effect to the receipt of approximately $ million of estimated net proceeds from our sale of shares of common stock in this offering at an assumed offering price of $ per share, which represents the midpoint of the range set forth on the front cover of this prospectus, our as adjusted net tangible book deficit as of December 31, 2013 would have been approximately $ million, or $ per share. This represents an immediate decrease in our net tangible book deficit of $ per share to our existing stockholders and an immediate dilution of $ per share to new investors purchasing shares of common stock in the offering. The following table illustrates this substantial and immediate per share dilution to new investors:
Per Share | ||||
Assumed initial public offering price per share |
$ | |||
Net tangible book value (deficit) before the offering |
||||
Increase per share attributable to investors in the offering |
||||
As adjusted net tangible book value (deficit) after the offering |
||||
Dilution per share to new investors |
$ |
A $1.00 increase (decrease) in the assumed initial public offering price of $ per share would decrease (increase) our as adjusted net tangible book value (deficit) by $ million, or $ per share, and increase (decrease) the dilution per share to new investors in this offering by $ , assuming the number of shares offered by us, as set forth on the cover page of this prospectus, remains the same and after deducting the estimated underwriting discounts and commissions and estimated expenses payable by us.
The following table summarizes on an as adjusted basis as of December 31, 2013, giving effect to:
| the total number of shares of common stock purchased from us; |
| the total consideration paid to us, assuming an initial public offering price of $ per share (before deducting the estimated underwriting discount and commissions and offering expenses payable by us in connection with this offering); and |
| the average price per share paid by our existing stockholders and by new investors purchasing shares in this offering: |
Shares Purchased | Total Consideration | Average Price Per Share |
||||||||||||||
Number |
Percent | Amount | Percent | |||||||||||||
Existing stockholders(1) |
% | % | $ | |||||||||||||
Investors in the offering |
% | % | ||||||||||||||
Total |
100 | % | 100 | % | $ |
(1) | The number of shares disclosed for the existing stockholders includes shares that may be sold by MRD LLC in this offering, including pursuant to any exercise of the underwriters option to purchase additional shares of common stock. |
A $1.00 increase (decrease) in the assumed initial public offering price of $ per share (the midpoint of the range set forth on the cover page of this prospectus) would increase (decrease) total consideration paid by
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new investors, total consideration paid by all stockholders and the average price per share by $ million, $ million and $ , respectively, assuming the number of shares offered by us, as set forth on the cover page of this prospectus, remains the same.
The tables and calculations above also assume no exercise of the underwriters option to purchase additional shares from MRD Holdings. If the underwriters exercise their option to purchase additional shares in full, then the number of shares held by new investors will be increased to , or approximately % of our outstanding shares of common stock.
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SELECTED HISTORICAL FINANCIAL DATA
MRD LLC and its consolidated subsidiaries, our accounting predecessor, controls MEMP through its ownership of MEMP GP, the general partner of MEMP. Because MRD LLC controls MEMP through its ownership of the general partner, MRD LLC is required to consolidate MEMP for accounting and financial reporting purposes even though MRD LLC owns a minority of its partner interests and MRD LLC and MEMP have independent capital structures. MRD LLC receives cash distributions from MEMP as a result of its partner interests and incentive distribution rights in MEMP, when declared and paid by MEMP. In connection with the closing of this offering, MRD LLC will contribute substantially all of its existing assets to us in exchange for shares of our common stock. Through our ownership of MEMP GP, we will continue to control MEMP and therefore will continue to consolidate the results of MEMP into our consolidated financial statements in future periods.
Our predecessor has two reportable business segments, both of which are engaged in the acquisition, exploitation, development and production of oil and natural gas properties:
| MRDreflects all of MRD LLCs consolidating subsidiaries except for MEMP and its subsidiaries. |
| MEMPreflects the consolidated and combined operations of MEMP and its subsidiaries. |
We will continue to have two reportable segments following the completion of this offering. For more information regarding reportable business segments, please see the predecessors audited historical financial statements and related notes.
The following tables include the selected historical financial data of our predecessor, as well as the MRD Segment as of and for the periods indicated. The selected historical financial data of our predecessor as of and for the years ended December 31, 2013 and 2012 were derived from the audited historical financial statements of our predecessor included elsewhere in this prospectus. The selected historical financial data of the MRD Segment as of and for the years ended December 31, 2013 and 2012 were derived from certain financial information used in the preparation of our predecessors audited financial statements.
The selected unaudited pro forma data as of and for the year ended December 31, 2013 has been prepared to give pro forma effect to: (i) the exclusion of both BlueStone and Classic Pipeline, the MEMP subordinated units and the debt service account associated with the PIK notes, which are not being conveyed to us in connection with this offering, as well as our payment of (or reimbursement for) the June 15, 2014 interest payment on the PIK notes, (ii) the offering of our shares of common stock contemplated hereby and the use of the net proceeds therefrom as described in Use of Proceeds, (iii) incremental federal income tax expense, and (iv) the restructuring transactions.
We derived the data in the following tables from, and the following tables should be read together with and is qualified in its entirety by reference to, our predecessors historical financial statements and our pro forma financial statements and the accompanying notes included elsewhere in this prospectus. You should also read Restructuring Transactions, Use of Proceeds, Managements Discussion and Analysis of Financial Condition and Results of Operations, and our pro forma and historical consolidated financial statements, all included elsewhere in this prospectus. Among other things, those historical consolidated and combined financial statements and pro forma financial statements include more detailed information regarding the basis of presentation for the following data.
57
MRD LLC (Predecessor) | Memorial Resource Development Corp. Pro Forma |
|||||||||||
Year Ended December 31, | Year Ended December 31, |
|||||||||||
2013 | 2012 | 2013 | ||||||||||
(unaudited) | ||||||||||||
(in thousands) | ||||||||||||
Statement of Operations Data: |
||||||||||||
Revenues: |
||||||||||||
Oil and natural gas sales |
$ | 571,948 | $ | 393,631 | $ | 553,800 | ||||||
Other revenues |
3,075 | 3,237 | 2,268 | |||||||||
|
|
|
|
|
|
|||||||
Total revenues |
575,023 | 396,868 | 556,068 | |||||||||
Costs and expenses: |
||||||||||||
Lease operating |
113,640 | 103,754 | 111,988 | |||||||||
Pipeline operating |
1,835 | 2,114 | 1,835 | |||||||||
Exploration |
2,356 | 9,800 | 2,356 | |||||||||
Production and ad valorem taxes |
27,146 | 23,624 | 26,269 | |||||||||
Depreciation, depletion and amortization |
184,717 | 138,672 | 174,198 | |||||||||
Impairment of proved oil and gas properties |
6,600 | 28,871 | 4,201 | |||||||||
General and administrative |
125,358 | 69,187 | 101,098 | |||||||||
Accretion of asset retirement obligations |
5,581 | 5,009 | 5,523 | |||||||||
(Gain) loss on commodity derivatives |
(29,294 | ) | (34,905 | ) | (29,311 | ) | ||||||
(Gain) loss on sale of property |
(85,621 | ) | (9,761 | ) | 3,927 | |||||||
Other, net |
649 | 502 | 649 | |||||||||
|
|
|
|
|
|
|||||||
Total costs and expenses |
352,967 | 336,867 | 402,733 | |||||||||
|
|
|
|
|
|
|||||||
Operating income |
222,056 | 60,001 | 153,335 | |||||||||
|
|
|
|
|
|
|||||||
Other income (expense) |
||||||||||||
Interest expense, net |
(69,250 | ) | (33,238 | ) | ||||||||
Amortization of investment premium |
| (194 | ) | | ||||||||
Other, net |
145 | 535 | 143 | |||||||||
|
|
|
|
|
|
|||||||
Total other income (expense) |
(69,105 | ) | (32,897 | ) | ||||||||
Income tax expense |
(1,619 | ) | (107 | ) | ||||||||
|
|
|
|
|
|
|||||||
Net income (loss) |
$ | 151,332 | $ | 26,997 | ||||||||
|
|
|
|
|
|
|||||||
Cash Flow Data: |
||||||||||||
Net cash provided by operating activities |
$ | 277,823 | $ | 240,404 | ||||||||
Net cash used in investing activities |
367,443 | 606,738 | ||||||||||
Net cash provided by financing activities |
117,950 | 361,761 | ||||||||||
Balance Sheet Data (at period end): |
||||||||||||
Working capital |
$ | 48,256 | $ | 63,054 | ||||||||
Total assets |
2,829,161 | 2,459,304 | ||||||||||
Total debt |
1,663,217 | 939,382 | ||||||||||
Total equity (including noncontrolling interests) |
858,132 | 1,276,709 |
58
MRD Segment | MRD Segment Pro Forma |
|||||||||||
Year Ended December 31, | Year Ended December 31, |
|||||||||||
2013 | 2012 | 2013 | ||||||||||
(unaudited) | ||||||||||||
(in thousands) |
||||||||||||
Statement of Operations Data: |
||||||||||||
Revenues: |
||||||||||||
Oil and natural gas sales |
$230,751 | $138,032 | $ | 212,603 | ||||||||
Other revenues |
807 | 782 | | |||||||||
|
|
|
|
|
|
|||||||
Total revenues |
|
231,558 |
|
|
138,814 |
|
212,603 | |||||
Costs and expenses: |
||||||||||||
Lease operating |
25,006 | 24,438 | 23,354 | |||||||||
Exploration |
1,226 | 7,337 | 1,226 | |||||||||
Production and ad valorem taxes |
9,362 | 7,576 | 8,485 | |||||||||
Depreciation, depletion and amortization |
87,043 | 62,636 | 76,524 | |||||||||
Impairment of proved oil and gas properties |
2,527 | 18,339 | 128 | |||||||||
General and administrative |
81,758 | 38,414 | 57,498 | |||||||||
Accretion of asset retirement obligations |
728 | 632 | 670 | |||||||||
(Gain) loss on commodity derivatives |
(3,013) | (13,488 | ) | (3,030 | ) | |||||||
(Gain) loss on sale of property |
(82,773) | (2 | ) | 6,775 | ||||||||
Other, net |
2 | 364 | 2 | |||||||||
|
|
|
|
|
|
|||||||
Total costs and expenses |
|
121,866 |
|
|
146,246 |
|
171,632 | |||||
|
|
|
|
|
|
|||||||
Operating income |
109,692 | (7,432 | ) | 40,971 | ||||||||
|
|
|
|
|
|
|||||||
Other income (expense) |
||||||||||||
Interest expense, net |
(27,349) | (12,802 | ) | |||||||||
Earnings from equity investments |
1,066 | 4,880 | 269 | |||||||||
Other, net |
145 | 535 | 143 | |||||||||
|
|
|
|
|
|
|||||||
Total other income (expense) |
(26,138 | ) | (7,387 | ) | ||||||||
Income tax (expense) benefit |
(1,311 | ) | 178 | |||||||||
|
|
|
|
|
|
|||||||
Net income (loss) |
$ | 82,243 | $ | (14,641 | ) | |||||||
|
|
|
|
|
|
|||||||
Cash Flow Data (Unaudited): |
||||||||||||
Net cash provided by operating activities |
$ | 83,910 | $ | 84,172 | ||||||||
Net cash used in investing activities |
5,533 | 230,471 | ||||||||||
Net cash provided by (used in) financing activities |
(38,963 | ) | 133,271 | |||||||||
Other Financial Data: |
||||||||||||
Adjusted EBITDA (unaudited) |
$ | 197,903 | $ | 132,105 | $ | 159,239 | ||||||
Balance Sheet Data (at period end): |
||||||||||||
Working capital (unaudited) |
$ | 51,214 | $ | 2,424 | ||||||||
Total assets |
1,281,134 | 1,102,406 | ||||||||||
Total debt |
871,150 | 309,200 | ||||||||||
Total equity (unaudited) |
279,412 | 682,644 |
59
MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS
Managements Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with the financial statements and related notes included elsewhere in this prospectus. The following discussion contains forward-looking statements that reflect our future plans, estimates, beliefs and expected performance. The forward-looking statements are dependent upon events, risks and uncertainties that may be outside our control. Our actual results could differ materially from those discussed in these forward-looking statements. Factors that could cause or contribute to such differences are described under the heading Risk Factors included elsewhere in this prospectus. In light of these risks, uncertainties and assumptions, the forward-looking events discussed may not occur. Also see Cautionary Note Regarding Forward-Looking Statements included elsewhere in this prospectus.
Overview
We are a Delaware corporation formed by Memorial Resource Development LLC (MRD LLC) in January 2014 to own and acquire oil and natural gas properties in North America. MRD LLC is a Delaware limited liability company formed on April 27, 2011 by Natural Gas Partners VIII, L.P. (NGP VIII), Natural Gas Partners IX, L.P. (NGP IX) and NGP IX Offshore Holdings, L.P. (NGP IX Offshore) (collectively, the Funds) to own, acquire, exploit and develop oil and natural gas properties. The Funds are private equity funds managed by Natural Gas Partners (NGP).
In connection with the closing of this offering, MRD LLC and its consolidated subsidiaries, which is our accounting predecessor, will contribute to us substantially all of its assets, comprised of the following, in exchange for shares of common stock: (1) 100% of its ownership interests in Classic Hydrocarbons Holdings, L.P. (Classic), Classic Hydrocarbons GP Co., L.L.C. (Classic GP), Black Diamond Minerals, LLC (Black Diamond), Beta Operating Company, LLC (Beta Operating), MRD Operating LLC (MRD Operating) and Memorial Production Partners GP LLC (MEMP GP), which owns a 0.1% general partner interest and 50% of the incentive distribution rights in Memorial Production Partners LP (MEMP), and (2) its 99.9% membership interest in WildHorse Resources, LLC (WildHorse Resources). In addition, certain former management members of WildHorse Resources will contribute to us the remaining 0.1% membership interest in WildHorse Resources as well as exchange their incentive units in exchange for shares of common stock and cash consideration. At that time, we will be majority-owned by the group consisting of MRD Holdings and certain former management members of WildHorse Resources.
Following the completion of the offering, MRD LLC will retain and distribute to MRD Holdings (i) its interest in BlueStone Natural Resources Holdings, LLC (BlueStone), MRD Royalty LLC (MRD Royalty), MRD Midstream LLC (MRD Midstream) and Classic Pipeline & Gathering, LLC (Classic Pipeline), (ii) the MEMP subordinated units and (iii) the $32.8 million in cash (net of approximately $17.2 million to be used to pay PIK note interest on June 15, 2014) to be released from its debt service reserve account in connection with the redemption of the PIK notes (which we expect will be 30 days after the closing of this offering). We will reimburse MRD LLC for the approximately $17.2 million interest payment, or if this offering closes before June 15, 2014, we will make such interest payment, with borrowings under our new revolving credit facility.
After the closing of the redemption of the PIK notes and the termination of the PIK notes indenture (which will occur approximately 30 days after the closing date of this offering unless discharged earlier), MRD LLC will merge into MRD Operating LLC. Until the date of such merger, MRD LLC will perform under its current commercial contracts for our benefit, all amounts received under such contracts will be for our benefit and we will be responsible for all amounts owing under such contracts. At the time MRD LLC merges into MRD Operating LLC, MRD LLCs sole assets will be commercial contracts entered into in the ordinary course of business and relating to the businesses owned by us.
60
Prior to this offering MRD LLC controlled, and after this offering we will control, MEMP through the ownership of MEMP GP. MEMP is a publicly traded limited partnership engaged in the acquisition, production and development of oil and natural gas properties in the United States. Due to MRD LLCs control of MEMP through the ownership of its general partner, MRD LLC is required to consolidate MEMP for accounting and financial reporting purposes. Although consolidated for accounting and financial reporting, MRD LLC and MEMP have independent capital structures. MRD LLC receives cash distributions from MEMP as a result of its partner interests and incentive distribution rights in MEMP, when declared and paid by MEMP.
Business Segments
MRD LLC has two reportable business segments, both of which are engaged in the acquisition, exploitation, development and production of oil and natural gas properties:
| MRDreflects all of MRD LLCs consolidating subsidiaries except for MEMP and its subsidiaries. |
| MEMPreflects the consolidated and combined operations of MEMP and its subsidiaries. |
Our reportable business segments are organized in a manner that reflects how management manages those business activities. We evaluate segment performance based on Adjusted EBITDA. For additional information regarding this financial measure, see Summary Historical Consolidated and Combined Pro Forma Financial DataAdjusted EBITDA. For additional information regarding our predecessors reportable business segments, see the notes to our predecessors consolidated and combined financial statements found elsewhere in this prospectus.
Segment financial information has been retrospectively revised for the following common control transactions between MEMP and MRD LLC for comparability purposes:
| acquisition by MEMP of all the outstanding membership interests in Tanos Energy, LLC (Tanos) for a purchase price of approximately $77.4 million on October 1, 2013; |
| acquisition by MEMP of all the outstanding membership interests in Prospect Energy, LLC for a purchase price of approximately $16.3 million on October 1, 2013; |
| acquisition by MEMP of all the outstanding membership interests in WHT Energy Partners LLC (WHT) for a purchase price of approximately $200.0 million on March 28, 2013; |
| acquisition by MEMP of certain assets from Classic in East Texas in May 2012 for a purchase price of approximately $27.0 million; and |
| acquisition by MEMP of certain assets from Tanos in East Texas in April 2012 for a purchase price of approximately $18.5 million. |
The MRD Segment is focused on the exploitation, development, and acquisition of natural gas, NGL and oil properties mainly in the Cotton Valley formation in North Louisiana and East Texas as well as the Rocky Mountains. These properties consist primarily of assets with extensive production histories, high drilling success rates, and significant horizontal redevelopment potential. The MRD Segment is focused on maintaining and growing its production and cash flow primarily through the development of its sizeable inventory.
The MEMP Segment is engaged in the acquisition, exploitation, development and production of oil and natural gas properties, with assets consisting primarily of producing oil and natural gas properties that are principally located in East Texas/North Louisiana, the Permian Basin, offshore Southern California, the Rockies, the Eagle Ford and South Texas. Most of the MEMP Segments properties are located in large, mature oil and natural gas reservoirs with well-known geologic characteristics and long-lived, predictable production profiles and modest capital requirements. The MEMP Segment is focused on generating stable cash flows, to allow MEMP to make quarterly cash distributions to its unitholders and, over time, to increase those quarterly cash distributions.
61
Recent Developments
MRD Segment
| On February 28, 2014, WildHorse Resources repurchased net profits interests from an affiliate of NGP for $63.4 million after customary adjustments. These net profits interests were originally sold to the NGP affiliate upon the completion of certain acquisitions in 2010 by WildHorse Resources. The repurchase of the net profits interests was accounted for as a combination of entities under common control at historical cost in a manner similar to the pooling of interest method and our consolidated and combined financial statements presented herein have been retrospectively revised. As WildHorse Resources is the operator of the properties and sold the net profits interest to the affiliate of NGP in 2010, these net profits interests are accounted for as working interests in our consolidated and combined financial statements. |
| On April 1, 2014, WildHorse Resources sold certain oil and natural gas properties in East Texas to MEMP for approximately $34.0 million in cash consideration, subject to customary post-closing adjustments. |
MEMP Segment
| On March 25, 2014, MEMP acquired certain oil and natural gas properties in the Eagle Ford trend from Alta Mesa Holdings, LP for a purchase price of $173.0 million, subject to customary purchase price adjustments. The acquired properties are 100% non-operated. |
| On April 1, 2014, MEMP acquired certain oil and natural gas properties in East Texas from WildHorse Resources for approximately $34.0 million in cash consideration, subject to customary post-closing adjustments. |
Sources of Revenues
Both the MRD Segments and the MEMP Segments revenues are derived from the sale of natural gas and oil production, as well as the sale of NGLs that are extracted from natural gas during processing. Production revenues are derived entirely from the continental United States. Natural gas, NGL and oil prices are inherently volatile and are influenced by many factors outside their control. In order to reduce the impact of fluctuations in natural gas and oil prices on revenues, or to protect the economics of property acquisitions, both segments intend to periodically enter into derivative contracts with respect to a significant portion of their estimated natural gas and oil production through various transactions that fix the future prices received. These transactions may include price swaps whereby the applicable segment will receive a fixed price for production and pay a variable market price to the contract counterparty. Additionally, either segment may enter into costless collars, whereby the applicable segment receives the excess, if any, of the fixed floor over the floating rate or pay the excess, if any, of the floating rate over the fixed ceiling price. At the end of each period the fair value of these commodity derivative instruments are estimated and, because hedge accounting is not elected, the changes in the fair value of unsettled commodity derivative instruments are recognized in earnings at the end of each accounting period.
Principal Components of Cost Structure
| Lease operating expenses. These are the day to day costs incurred to maintain production of our natural gas, NGLs and oil. Such costs include utilities, direct labor, water injection and disposal, materials and supplies, compression, repairs and workover expenses. Cost levels for these expenses can vary based on supply and demand for oilfield services. |
| Production and ad valorem taxes. These consist of severance and ad valorem taxes. Production taxes are paid on produced natural gas, NGLs and oil based on a percentage of market prices and at fixed per unit rates established by federal, state or local taxing authorities. Both the MRD and MEMP Segments take full advantage of all credits and exemptions in the various taxing jurisdictions where they operate. Ad valorem taxes are generally tied to the valuation of the oil and natural properties; however, these valuations are reasonably correlated to revenues, excluding the effects of any commodity derivative contracts. |
62
| Exploration expense. These are geological and geophysical costs and include seismic costs, costs of unsuccessful exploratory dry holes and unsuccessful leasing efforts. |
| Impairment of unproved and proved properties. For unproved properties, these primarily include costs associated with lease expirations. Proved properties are impaired whenever the carrying value of the properties exceed their estimated undiscounted future cash flows. |
| Depreciation, depletion and amortization. Depreciation, depletion and amortization, or DD&A, includes the systematic expensing of the capitalized costs incurred to acquire, explore and develop natural gas, NGLs and oil. As a successful efforts company, all costs associated with acquisition and development efforts and all successful exploration efforts are capitalized, and these costs are allocated to each unit of production using the units of production method. |
| General and administrative expense. These costs include overhead, including payroll and benefits for employees, costs of maintaining headquarters, costs of managing production and development operations, compensation expense associated with incentive units, franchise taxes, audit and other professional fees, and legal compliance expenses. Certain of our and our predecessors employees hold incentive units in MRD LLC and/or, prior to the restructuring transactions, certain subsidiaries of MRD LLC, that may, upon vesting, entitle the holders to a disproportionate share of future distributions by MRD LLC to its members after all of the members that have made capital contributions to MRD LLC and/or certain subsidiaries have received cumulative distributions in respect of their membership interest equal to specified rates of return. |
| Interest expense. Both the MRD and MEMP Segments finance a portion of their working capital requirements and acquisitions with borrowings under revolving credit facilities and senior note issuances. As a result, both the MRD and MEMP Segments incur substantial interest expense that is affected by both fluctuations in interest rates and financing decisions. We expect to continue to incur significant interest expense as we continue to grow. |
| Income tax expense. MRD LLC, our predecessor, is a limited liability company not subject to federal income taxes. Accordingly, no provision for federal income taxes has been provided for in our historical results of operations because taxable income was passed through to MRD LLCs members. Although we are a corporation under the Internal Revenue Code, subject to federal income taxes at a statutory rate of 35% of pretax earnings, we do not expect to report any income tax benefit or expense until the consummation of this offering. |
63
Results of Operations
Consolidated
Selected consolidated and combined results of operations for the years ended December 31, 2013 and 2012 are presented below and have been derived from our predecessors consolidated and combined financial statements included elsewhere in this prospectus. Also see our predecessors consolidated and combined financial statements and related notes included elsewhere in this prospectus for a description of our predecessors previous owners.
For Year Ended December 31, |
||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
Oil & natural gas sales |
$ | 571,948 | $ | 393,631 | ||||
Lease operating |
113,640 | 103,754 | ||||||
Exploration |
2,356 | 9,800 | ||||||
Production and ad valorem taxes |
27,146 | 23,624 | ||||||
Depreciation, depletion, and amortization |
184,717 | 138,672 | ||||||
Impairment of proved oil and natural gas properties |
6,600 | 28,871 | ||||||
General and administrative |
125,358 | 69,187 | ||||||
(Gain) loss on commodity derivative instruments |
(29,294 | ) | (34,905 | ) | ||||
(Gain) loss on sale of properties |
(85,621 | ) | (9,761 | ) | ||||
Interest expense, net |
69,250 | 33,238 | ||||||
Net income (loss) |
151,332 | 26,997 |
Year Ended December 31, 2013 Compared to the Year Ended December 31, 2012
Our predecessor recorded net income of $151.3 million in 2013 compared to net income of $27.0 million in 2012. The increase in net income was primarily due to increases in revenues and gains on the sale of properties, partially offset by increases in DD&A, general and administrative expenses and interest expense.
| Oil and natural gas revenues were $571.9 million, an increase of $178.3 million from 2012. Production increased 28,062 MMcfe (approximately 37%) while the average realized sales price increased $0.31 per Mcfe. Production increases were primarily due to acquisitions and drilling activities in North Louisiana and East Texas. The favorable volume variance contributed to a $147.2 million increase in revenues and the favorable pricing variance contributed to a $31.1 million increase in revenues. |
| The $46.0 million increase in DD&A expense was primarily due to increased production volumes related to acquisitions and drilling activities in North Louisiana and East Texas. Increased production volumes increased DD&A expense by $51.8 million, while a 3% decrease in the DD&A rate between periods decreased DD&A expense by $5.8 million. |
| During 2013, BlueStone sold its remaining interests in certain properties in East Texas to a third party and recognized a gain of $89.5 million. This gain was partially offset by a loss of $6.8 million recorded by Black Diamond on the sale of certain of its Wyoming properties. During 2012, the previous owners of oil and gas properties acquired by MEMP recognized a gain of approximately $9.8 million related to the sale of properties in West Texas. |
| Interest expense was $69.3 million in 2013, an increase of $36.0 million from 2012. The increase in interest expense was primarily due to higher levels of indebtedness as debt outstanding was $939.4 million at December 31, 2012 compared to $1,663.2 million at December 31, 2013. |
Please see segment discussion below for further information regarding changes in other line items on a segment basis.
64
MRD Segment
The MRD Segments consolidated and combined results of operations for the years ended December 31, 2013 and 2012 presented below have been derived from our predecessors consolidated and combined financial statements included elsewhere in this prospectus. Please see the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus for information regarding business segments. The comparability of the results of operations among the periods presented is impacted by the following significant transactions:
| the sale by BlueStone of substantially all of its assets in July 2013 for approximately $117.9 million, which resulted in the recognition of a $89.5 million gain; |
| the acquisition of oil and gas properties by WildHorse Resources in Louisiana in March 2013 for approximately $67.1 million; and |
| the acquisition by WildHorse Resources of oil and gas properties in East Texas and North Louisiana in May 2012 for a net purchase price of approximately $77.5 million. |
In addition to the transactions affecting comparability of the results of operations of the MRD Segment among the periods presented, the results of operations of the MRD Segment following the completion of this offering will be affected by incremental public company expenses and general and administrative costs.
65
In connection with the closing of this offering and the restructuring transactions, we will acquire substantially all of MRD LLCs assets other than BlueStone, MRD Royalty, MRD Midstream, Classic Pipeline, the MEMP subordinated units and the remaining cash held in the debt service reserve account established in connection with the issuance of the PIK notes. At December 31, 2013, BlueStones total assets were less than 1% of both our consolidated and MRD Segment total assets. BlueStones total revenues were approximately 3% of our consolidated total revenues and 7% of the MRD Segments total revenues for the year ended December 31, 2013. BlueStones production volumes were approximately 2% of our consolidated production volumes and 4% of the MRD Segments production volumes for the year ended December 31, 2013.
For Year Ended December 31, |
||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
Oil & natural gas sales |
$ | 230,751 | $ | 138,032 | ||||
Lease operating |
25,006 | 24,438 | ||||||
Exploration |
1,226 | 7,337 | ||||||
Production and ad valorem taxes |
9,362 | 7,576 | ||||||
Depreciation, depletion, and amortization |
87,043 | 62,636 | ||||||
Impairment of proved oil and natural gas properties |
2,527 | 18,339 | ||||||
General and administrative |
81,758 | 38,414 | ||||||
(Gain) loss on commodity derivative instruments |
(3,013 | ) | (13,488 | ) | ||||
(Gain) loss on sale of properties |
(82,773 | ) | (2 | ) | ||||
Interest expense, net |
27,349 | 12,802 | ||||||
Net income (loss) |
82,243 | (14,641 | ) | |||||
Natural gas and oil revenue: |
||||||||
Oil sales |
$ | 66,961 | $ | 35,264 | ||||
NGL sales |
53,881 | 36,611 | ||||||
Natural gas sales |
109,909 | 66,157 | ||||||
|
|
|
|
|||||
Total natural gas and oil revenue |
$ | 230,751 | $ | 138,032 | ||||
|
|
|
|
|||||
Production Volumes: |
||||||||
Oil (MBbls) |
665 | 369 | ||||||
NGLs (MBbls) |
1,457 | 898 | ||||||
Natural gas (MMcf) |
34,092 | 24,130 | ||||||
|
|
|
|
|||||
Total (MMcfe) |
46,819 | 31,731 | ||||||
|
|
|
|
|||||
Average net production (MMcfe/d) |
128.3 | 86.7 | ||||||
|
|
|
|
|||||
Average sales price: |
||||||||
Oil (per Bbl) |
$ | 100.76 | $ | 95.56 | ||||
NGL (per Bbl) |
36.99 | 40.78 | ||||||
Natural gas (per Mcf) |
3.22 | 2.74 | ||||||
|
|
|
|
|||||
Total (Mcfe) |
$ | 4.93 | $ | 4.35 | ||||
|
|
|
|
|||||
Average unit costs per Mcfe: |
||||||||
Lease operating expense |
$ | 0.53 | $ | 0.77 | ||||
Production and ad valorem taxes |
$ | 0.20 | $ | 0.24 | ||||
General and administrative expenses |
$ | 1.75 | $ | 1.21 | ||||
Depletion, depreciation, and amortization |
$ | 1.86 | $ | 1.97 |
66
Year Ended December 31, 2013 Compared to the Year Ended December 31, 2012
The MRD Segment recorded net income of $82.2 million in 2013 compared to a net loss of $14.6 million in 2012. The increase in net income was primarily due to gains on sales of properties and increased production.
| Oil and natural gas revenues were $230.8 million in 2013, an increase of $92.7 million from 2012. Production increased 15,088 MMcfe (approximately 48%) while the average realized sales price increased $0.58 per Mcfe. Production volume increases were primarily due to acquisitions and drilling activities in the Cotton Valley formation in North Louisiana and East Texas. The favorable volume variance contributed to a $65.6 million increase in revenues, and the favorable pricing variance contributed to a $27.1 million increase in revenues. |
| Lease operating expenses were $25.0 million in 2013, an increase in $0.6 million from 2012. This increase was primarily due to acquisitions and drilling activities in the Cotton Valley formation in North Louisiana and East Texas. However, on a per Mcfe basis, lease operating expenses decreased by $0.24 per Mcfe as certain items, such as direct labor and materials and supplies, generally remain relatively fixed across broad production volume ranges. |
| The $24.4 million increase in DD&A expense was primarily due to increased production volumes related to acquisitions and drilling activities in the Cotton Valley formation in North Louisiana and East Texas. Increased production volumes increased DD&A expense by $29.8 million, while a 6% decrease in the DD&A rate between periods decreased DD&A expense by $5.4 million. On a per Mcfe basis, DD&A expense decreased by $0.11 per Mcfe from 2012 to 2013. An increase in proved reserve volumes more than offset the impact of increases to the depletable cost base. |
Generally, if reserve volumes are revised up or down, then the DD&A rate per unit of production will change inversely. However, if the depletable base changes, then the DD&A rate moves in the same direction. Absolute or total DD&A, as opposed to the rate per unit of production, generally moves in the same direction as production volumes.
| During 2013 and 2012, the MRD Segment recorded impairments of $2.5 million and $18.3 million, respectively, primarily related to certain fields in East Texas. For these impairments, the estimated future cash flows expected from properties in these fields were compared to their carrying values and determined to be unrecoverable. Downward revisions due to performance and declines in natural gas prices triggered the 2013 and 2012 impairments, respectively. |
| General and administrative expenses were $81.8 million in 2013, an increase of $43.3 million from 2012. The increase in general and administrative expenses was primarily due to growth in employees as a result of acquisitions and development activities and incentive unit compensation expense. General and administrative expenses during 2013 included recognition of approximately $43.3 million of compensation expense related to an incentive unit payments to certain key management members of certain MRD LLC subsidiaries compared to approximately $9.5 million recorded in 2012. |
| Gains on commodity derivative instruments of $3.0 million were recognized during 2013, of which $12.2 million consisted of cash settlements received. Gains on commodity derivative instruments of $13.5 million were recognized during 2012, of which $30.2 million consisted of cash settlements received. The decrease in cash settlements received was primarily due to higher natural gas prices. |
Given the volatility of commodity prices, it is not possible to predict future changes in fair value or cash settlements that will ultimately be realized upon settlement of the open positions in future years. If commodity prices at settlement are lower than the prices of the settled positions, the derivative contracts are expected to mitigate the otherwise negative effect on earnings of lower oil, natural gas and NGL prices. However, if commodity prices at settlement are higher than the prices of the settled positions, the derivative contracts are expected to dampen the otherwise positive effect on earnings of higher oil, natural gas and NGL prices and will, in this context, be viewed as having resulted in an opportunity cost.
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| During 2013, BlueStone entered into an agreement with a publicly traded third party to sell its remaining interest in certain properties in the Mossy Grove Prospect in Walker and Madison Counties located in East Texas and recognized a gain of $89.5 million. This gain was offset by a loss of $6.8 million recorded by Black Diamond on the sale of certain of its Wyoming oil and gas properties. During 2012, gains of less than $0.1 million were recognized by the MRD Segment. |
| Net interest expense during 2013 was $27.3 million, including amortization of deferred financing fees of approximately $2.5 million and losses on interest rate swaps of $0.2 million. Net interest expense during 2012 was $12.8 million, including amortization of deferred financing fees of approximately $1.6 million and losses on interest rate swaps of $1.2 million. The increase in net interest expense is primarily the result of higher level of indebtedness during 2013 compared to 2012. |
MEMP Segment
The MEMP Segments consolidated and combined results of operations for the years ended December 31, 2013 and 2012 presented below have been derived from MRD LLCs consolidated and combined financial statements included elsewhere in this prospectus.
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The comparability of the results of operations among the periods presented is impacted by the following significant transactions:
| two separate third party acquisitions by MEMP of assets in East Texas in May and September 2012, respectively, for a net purchase price of approximately $126.9 million; |
| the acquisition of working interests, royalty interests and net revenue interests located in the Permian Basin in July 2012 for a net purchase price of approximately $74.7 million; and |
| multiple acquisitions of operated and non-operated interests in certain oil and natural gas properties primarily located in the Permian Basin for an aggregate net purchase price of $75.9 million. |
For Year Ended December 31, |
||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
Oil & natural gas sales |
$ | 341,197 | $ | 255,608 | ||||
Lease operating |
88,893 | 80,116 | ||||||
Exploration |
1,130 | 2,463 | ||||||
Production and ad valorem taxes |
17,784 | 16,048 | ||||||
Depreciation, depletion, and amortization |
97,269 | 76,036 | ||||||
Impairment of proved oil and natural gas properties |
54,362 | 10,532 | ||||||
General and administrative |
43,495 | 30,342 | ||||||
(Gain) loss on commodity derivative instruments |
(26,281 | ) | (21,417 | ) | ||||
(Gain) loss on sale of properties |
(2,848 | ) | (9,759 | ) | ||||
Interest expense, net |
41,901 | 20,436 | ||||||
Net income |
20,268 | 46,518 | ||||||
Natural gas and oil revenue: |
||||||||
Oil sales |
$ | 171,095 | $ | 145,103 | ||||
NGL sales |
51,215 | 26,647 | ||||||
Natural gas sales |
118,887 | 83,858 | ||||||
|
|
|
|
|||||
Total natural gas and oil revenue |
$ | 341,197 | $ | 255,608 | ||||
|
|
|
|
|||||
Production Volumes: |
||||||||
Oil (MBbls) |
1,764 | 1,519 | ||||||
NGLs (MBbls) |
1,632 | 745 | ||||||
Natural gas (MMcf) |
35,924 | 29,744 | ||||||
|
|
|
|
|||||
Total (MMcfe) |
56,303 | 43,329 | ||||||
|
|
|
|
|||||
Average net production (MMcfe/d) |
154.3 | 118.4 | ||||||
|
|
|
|
|||||
Average sales price: |
||||||||
Oil (per Bbl) |
$ | 96.98 | $ | 95.54 | ||||
NGL(per Bbl) |
31.38 | 35.75 | ||||||
Natural gas (per Mcf) |
3.31 | 2.82 | ||||||
|
|
|
|
|||||
Total (Mcfe) |
$ | 6.06 | $ | 5.90 | ||||
|
|
|
|
|||||
Average unit costs per Mcfe: |
||||||||
Lease operating expense |
$ | 1.58 | $ | 1.85 | ||||
Production and ad valorem taxes |
$ | 0.32 | $ | 0.37 | ||||
General and administrative expenses |
$ | 0.77 | $ | 0.70 | ||||
Depletion, depreciation, and amortization |
$ | 1.73 | $ | 1.75 |
Year Ended December 31, 2013 Compared to the Year Ended December 31, 2012
MEMP recorded net income of $20.3 million in 2013 compared to income of $46.5 million 2012.
| Oil and natural gas revenues were $341.2 million in 2013, an increase of $85.6 million from 2012. Production increased 12,974 MMcfe (approximately 30%) while the average realized sales price increased |
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$0.16 per Mcfe. The favorable volume variance contributed to a $76.6 million increase in revenues, whereas the favorable pricing variance contributed to a $9.0 million decrease in revenues. |
| Lease operating expenses were $88.9 million in 2013, an increase of $8.8 million from 2012. Production and ad valorem taxes were $17.8 million in 2013, an increase of $1.7 million from 2012. Both lease operating expenses and production and ad valorem taxes increased primarily due to increased production volumes associated with properties acquired during both 2012 and 2013 and increased drilling activities. |
| The increase in DD&A expense was primarily due to increased production volumes related to acquisitions in 2012 and 2013 and increased drilling activities. Increased production volumes caused DD&A expense to increase by $22.8 million, while a 1% change in the DD&A rate between periods caused DD&A expense to decrease by $1.5 million. An increase in proved reserve volumes more than offset the impact of increases to the depletable cost base. |
| During 2013, MEMP recorded $54.4 million of impairments consisting of $50.3 million related to certain properties in East Texas and $4.1 million related to certain properties in South Texas. For the East Texas properties, the estimated future cash flows expected from these properties were compared to their carrying values and determined to be unrecoverable as a result of downward revisions of estimated proved reserves based upon updated well performance data. In South Texas, the estimated future cash flows expected from these properties were compared to their carrying values and determined to be unrecoverable as a result of a downward revision of estimated proved reserves based on pricing terms specific to these properties. During 2012, MEMP recorded impairments of $10.5 million primarily related to properties in the Permian Basin. The 2012 impairments were a result of downward revisions of estimated proved reserves due to unfavorable drilling results in the area. |
| General and administrative expenses were $43.5 million in 2013, an increase of $13.2 million. The increase in general and administrative expenses was primarily due to growth in employees as a result of acquisitions and drilling activities. General and administrative expenses for 2013 included $3.6 million of non-cash unit-based compensation expense and $6.7 million of acquisition-related costs. General and administrative expenses for 2012 were $30.3 million and included $1.4 million of non-cash unit-based compensation expense and $4.1 million of acquisition-related costs. |
| Net gains on commodity derivative instruments of $26.3 million were recognized during 2013, of which $19.9 million consisted of cash settlements. Net gains on commodity derivative instruments of $21.4 million were recognized during 2012, of which $44.1 million consisted of cash settlements. The decrease in cash settlements was primarily due to higher natural gas prices. |
| During 2013, a gain of approximately $2.8 million was recorded due to the sale of certain non-operated properties in East Texas. During 2012, a gain of approximately $9.8 million was recognized related to the sale of properties in Garza and Ector Counties in Texas. |
| Net interest expense during 2013 was $41.9 million, including amortization of deferred financing fees of approximately $5.8 million and gains on interest rate swaps of $1.5 million. Net interest expense during 2012 was $20.4 million, including amortization of deferred financing fees of approximately $0.6 million and losses on interest rate swaps of $4.0 million. The increase in net interest expense is primarily the result of higher level of indebtedness during 2013 compared to 2012. |
Liquidity and Capital Resources
Although results are consolidated for financial reporting, the MRD and MEMP Segments operate with independent capital structures. With the exception of cash distributions paid to the MRD Segment by the MEMP Segment related to MEMP partnership interests held by MRD LLC, the cash needs of each segment have been met independently with a combination of operating cash flows, asset sales, credit facility borrowings and the issuance of equity. We expect that the cash needs of each of the MRD Segment and the MEMP Segment will continue to be met independently of each other with a combination of these funding sources.
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MRD Segment
Historically, the primary sources of liquidity have been through borrowings under credit facilities, capital contributions from NGP and certain members of management, borrowings under a second lien term loan facility, asset sales, including dropdowns to MEMP, and net cash provided by operating activities. The primary use of cash has been for the exploration, development and acquisition of natural gas, NGLs and oil properties. As we pursue reserve and production growth, we continually monitor what capital resources, including equity and debt financings, are available to meet future financial obligations, planned capital expenditure activities and liquidity requirements. The future success in growing proved reserves and production will be highly dependent on the capital resources available. As of December 31, 2013, we had 1,582 identified gross potential horizontal well locations, which will take many years to develop. Additionally, the proved undeveloped reserves will require an estimated $1.3 billion of development capital over the next five years according to our reserve report as of December 31, 2013. A significant portion of this capital requirement will be funded out of operating cash flows. However, we may be required to generate or raise significant capital to conduct drilling activities on these identified potential well locations and to finance the development of proved undeveloped reserves.
We expect that the primary sources of liquidity and capital resources after the consummation of this offering will be cash flows generated by operating activities and borrowings under revolving credit facilities. We will also have the ability to issue additional equity and debt as needed through private or public offerings.
After the completion of this offering, we believe our cash flows provided by operating activities and availability under our revolving credit facility will provide us with the financial flexibility and wherewithal to meet our cash requirements, including normal operating needs, and pursue our currently planned 2014 development drilling activities. However, future cash flows are subject to a number of variables, including the level of natural gas production and prices, and significant additional capital expenditures will be required to more fully develop our properties and acquire additional properties. We cannot assure you that operations and other needed capital will be available on acceptable terms, or at all.
Capital Budget
During 2013, we invested approximately $190 million of capital at the MRD Segment to drill 31 gross (21.3 net) wells. A substantial portion of our development program is focused on horizontal drilling of liquids rich wells in the Terryville Complex, where we spent approximately $163 million in capital expenditures to drill 15 gross (12.1 net) horizontal wells during 2013.
In 2014, we have budgeted a total of $316 million to drill and complete 46 gross (39 net) operated wells and to participate in 12 gross (1.1 net) non-operated wells. We expect to fund our 2014 development primarily from cash flows from operations. The majority of our drilling locations and our 2014 development program are focused on the Terryville Complex, where we plan to invest $264 million on drilling and completing 33 gross (28 net) horizontal wells and 2 gross (2.0 net) vertical wells. We plan to run four to five rigs during 2014 targeting primarily our four primary zones within the Cotton Valley the Upper Red, Lower Red, Lower Deep Pink and Upper Deep Pink. Total vertical depth of these zones ranges from 8,200 to 11,200 feet.
In our East Texas properties in the Joaquin Field, we plan to spend development capital of $36 million running one rig to drill 8 gross (6 net) horizontal wells targeting the Cotton Valley formation at vertical depths of 6,000 to 10,000 feet.
In our Rockies & Other area, we plan to spend $12 million of development capital, primarily in the Tepee Field in the Piceance Basin in Colorado focused on completing 3 wells drilled in fourth quarter of 2013 and running 1 rig to drill an additional 3 operated wells. We also plan to spend an additional $4 million to participate in 12 horizontal wells operated by SandRidge Energy in the Mississippian oil play of Northern Oklahoma.
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Cash Flows from Operating, Investing and Financing Activities
The following tables summarize both consolidated/combined and segment cash flows from operating, investing and financing activities for the periods indicated. For information regarding the individual components of our cash flow amounts, see the Statements of Consolidated and Combined Cash Flows included elsewhere in this prospectus.
Consolidated & Combined
For Year Ended December 31, |
||||||||
2013 | 2012 | |||||||
Net cash provided by operating activities |
$ | 277,823 | $ | 240,404 | ||||
Net cash used in investing activities |
367,443 | 606,738 | ||||||
Net cash provided by financing activities |
117,950 | 361,761 |
MRD Segment
For Year Ended December 31, |
||||||||
2013 | 2012 | |||||||
(unaudited) | ||||||||
Net cash provided by operating activities |
$ | 83,910 | $ | 84,172 | ||||
Net cash used in investing activities |
||||||||
Acquisition of oil and gas properties |
$ | (67,098 | ) | $ | (83,055 | ) | ||
Additions to oil and gas properties |
(198,340 | ) | (165,203 | ) | ||||
Additions to other property and equipment |
(2,432 | ) | (1,267 | ) | ||||
Equity investments in MEMP Segment |
(521 | ) | (206 | ) | ||||
Distributions received from MEMP Segment related to partnership interests |
26,006 | 19,263 | ||||||
Additions to restricted cash |
(49,347 | ) | | |||||
Proceeds from the sale of oil and gas properties to third parties |
151,187 | | ||||||
Proceeds from the sale of MEMP common units |
135,012 | | ||||||
Other |
| (3 | ) | |||||
|
|
|
|
|||||
Net cash used in investing activities |
$ | (5,533 | ) | $ | (230,471 | ) | ||
|
|
|
|
|||||
Net cash provided by financing activities |
||||||||
Advances on revolving credit facilities |
$ | 174,400 | $ | 228,450 | ||||
Payments on revolving credit facilities |
(280,500 | ) | (129,750 | ) | ||||
Borrowings under second lien term loan |
325,000 | | ||||||
Proceeds from the issuance of PIK notes |
343,000 | | ||||||
Loan origination fees |
(20,267 | ) | (1,276 | ) | ||||
Purchase of noncontrolling interests in consolidated subsidiaries |
(13,865 | ) | | |||||
Contribution from NGP affiliate |
| 7,033 | ||||||
Contributions from MEMP Segment |
180,260 | 29,280 | ||||||
Distributions to noncontrolling interests |
(7,446 | ) | | |||||
Distributions to MEMP Segment |
| (1,900 | ) | |||||
Distributions to Funds |
(732,362 | ) | | |||||
Distributions made by previous owners |
(2,590 | ) | (2,317 | ) | ||||
Other cash transfers from MEMP Segment |
| 3,751 | ||||||
Other |
(4,593 | ) | | |||||
|
|
|
|
|||||
Net cash (used in) provided by financing activities |
$ | (38,963 | ) | $ | 133,271 | |||
|
|
|
|
Year Ended December 31, 2013 Compared to the Year Ended December 31, 2012
Operating Activities. Net cash flows provided by operating activities were $83.9 million in 2013 compared to $84.2 million in 2012. Although production volumes increased 15,088 MMcfe (approximately 48%), net cash flows from operating activities were impacted by $43.3 million of compensation expense recognized in 2013 related to incentive unit payments, which was an increase of $33.8 million from 2012.
72
Investing Activities. Cash used in investing activities was $5.5 million during 2013 compared to $230.5 million in 2012. Cash used for the acquisition of oil and gas properties was $67.1 million in 2013 compared to $83.1 million in 2012. The 2013 acquisition was for certain properties located in Louisiana that were purchased in March 2013. The 2012 acquisitions consisted primarily of properties located in East Texas and North Louisiana.
Cash used for additions to oil and gas properties was $198.3 million in 2013 compared to $165.2 million in 2012. The additions in both 2013 and 2012 consisted primarily of drilling and completion activities focused on the Cotton Valley formation in North Louisiana and East Texas.
Distributions of $26.0 million were received in 2013 from MEMP related to the common and subordinated units owned by MRD LLC as compared to $19.3 million received in 2012. In November 2013, MRD LLC sold 7,061,294 MEMP common units in a public offering, which generated net proceeds of $135.0 million.
Proceeds from the sale of oil and gas properties totaled $151.2 million in 2013. In May 2013, Black Diamond sold certain of its Wyoming properties for approximately $33.0 million. In July 2013, BlueStone sold its interest in certain properties located in Walker and Madison Counties in East Texas for approximately $117.9 million. There were no sales of oil and gas properties in 2012.
Additions to restricted cash totaled $49.3 million and were primarily related to the $50.0 million debt service reserve established in connection with the issuance of the PIK notes in December 2013.
Financing Activities. Cash used in financing activities was $39.0 million in 2013 compared to cash provided by financing activities of $133.3 million in 2012. Net payments under revolving credit facilities were $106.1 million in 2013 compared to net borrowings of $98.7 million in 2012. In June 2013, WildHorse Resources received gross proceeds of $325.0 million under its second lien term loan and in December 2013, MRD LLC received gross proceeds of $343.0 million related to the issuance of the PIK notes. Deferred financing costs were $20.3 million in 2013 compared to $1.3 million in 2012. The increase in deferred financing costs was primarily due to the WildHorse second lien term loan and the PIK notes.
In November 2013, MRD LLC purchased the noncontrolling interests in Black Diamond, Classic GP and Classic for $13.9 million of consideration.
Cash received from the MEMP Segment in 2013 related to the sale of assets from the MRD Segment to the MEMP Segment was $180.3 million compared to $29.3 million.
Distributions to the Funds during 2013 were $732.4 million. From time to time, MRD LLC has made distributions of cash to the Funds. The timing and amount of these cash distributions is within the discretion of the board of managers of MRD LLC and is based, in part, upon available cash, the performance of its business, and other relevant factors. In 2013, substantially all of the cash distributed to the Funds was sourced from long term borrowings or sales of assets or equity in MEMP. The sources to fund these distributions primarily included $225.0 million from the WildHorse second lien term loan, $210.0 million from the December 2013 PIK notes, $63.8 million from the sale of properties to third parties, $125.0 million from the sale of properties to MEMP and $105.0 million from the sale of 7,061,294 MEMP common units that MRD LLC owned. Distributions to noncontrolling interests and previous owners totaled $15.9 million in 2013 compared to $2.3 million in 2012.
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MEMP Segment
For Year Ended December 31, |
||||||||
2013 | 2012 | |||||||
(unaudited) | ||||||||
Net cash provided by operating activities |
$ | 193,697 | $ | 156,844 | ||||
Net cash used in investing activities: |
||||||||
Acquisition of oil and natural gas properties |
$ | (38,664 | ) | $ | (277,623 | ) | ||
Additions to oil and gas properties |
(161,675 | ) | (107,789 | ) | ||||
Additions to other property and equipment |
(238 | ) | (1,748 | ) | ||||
Additions to restricted investments |
(5,361 | ) | (4,599 | ) | ||||
Proceeds from the sale of oil and gas properties |
4,525 | 34,521 | ||||||
Other |
| 29 | ||||||
|
|
|
|
|||||
Net cash used in investing activities |
$ | (201,413 | ) | $ | (357,209 | ) | ||
|
|
|
|
|||||
Net cash provided by financing activities |
||||||||
Advances on revolving credit facilities |
$ | 958,355 | $ | 391,000 | ||||
Payments on revolving credit facilities |
(1,485,537 | ) | (121,819 | ) | ||||
Proceeds from the issuances of senior notes |
688,563 | | ||||||
Loan origination fees |
(20,908 | ) | (2,225 | ) | ||||
Contributions from previous owners |
7,233 | 44,072 | ||||||
Contribution from NGP affiliate |
2,013 | 38,125 | ||||||
Contribution from general partner |
521 | 206 | ||||||
Contributions from MRD Segment |
| 1,900 | ||||||
Net proceeds from public equity offering |
490,138 | 194,304 | ||||||
Distributions to partners |
(96,643 | ) | (34,436 | ) | ||||
Distributions to MRD Segment |
(180,260 | ) | (29,280 | ) | ||||
Distributions to NGP affiliates |
(355,495 | ) | (242,174 | ) | ||||
Distributions made by previous owners |
(2,552 | ) | (26,455 | ) | ||||
Other cash transfers to MRD Segment |
| (3,751 | ) | |||||
Other |
(9,013 | ) | (646 | ) | ||||
|
|
|
|
|||||
Net cash provided by financing activities |
$ | (3,585 | ) | $ | 208,821 | |||
|
|
|
|
Year Ended December 31, 2013 Compared to the Year Ended December 31, 2012
Operating Activities. Key drivers of net operating cash flows are commodity prices, production volumes and operating costs. Net cash flows provided by operating activities increased during 2013 primarily due to an increase in production volumes as a result of acquisitions and increased drilling activities. Cash flows provided by operating activities at the MEMP Segment are used primarily to fund distributions to its partners and additions to oil and gas properties. The previous owners primarily used cash flows provided by operating activities to fund its exploration and development expenditures.
Investing Activities. Cash used in investing activities during 2013 was $201.4 million, of which $38.7 million was used to acquire oil and gas properties located in Wyoming and East Texas and $161.7 million was used for additions to oil and gas properties. Cash used in investing activities during 2012 was $357.2 million, of which $277.6 million was used to acquire oil and gas properties and $107.8 million was used for additions to oil and gas properties. The 2012 acquisitions included $126.9 million of acquisitions in East Texas and $150.7 million of acquisitions in the Permian Basin.
Various restricted investment accounts fund certain long-term contractual and regulatory asset retirement obligations and collateralize certain regulatory bonds associated with the offshore Southern California oil properties. For the years ended December 31, 2013 and 2012, additions to restricted investments were $5.4 million and $4.6 million, respectively.
74
Proceeds from the sale of oil and gas properties were $4.5 million in 2013 compared to $34.5 million in 2012. The 2013 sales primarily consisted of certain non-operated properties in East Texas while the 2012 sales primarily consisted of certain properties in Garza and Ector counties located in West Texas.
Financing Activities. Cash used in financing activities was $3.6 million in 2013 compared to cash provided by financing activities of $208.8 million in 2012.
MEMP generated total net proceeds of $490.1 million from two separate equity offerings in 2013 compared to $194.3 million in 2012. In March 2013, MEMP issued 9,775,000 common units to the public at an offering price of $18.35 per unit generating net proceeds of approximately $171.8 million. In October 2013, MEMP issued 16,675,000 common units to the public at an offering price of $19.90 per unit generating net proceeds of approximately $318.3 million. In December 2012, MEMP generated net proceeds of $194.3 million from a public offering of common units.
MEMP completed a private placement of 7.625% senior notes due 2021 (the Senior Notes) with two additional issuances during 2013. MEMP issued $300.0 million aggregate principal amount of the Senior Notes at 98.521% of par in April 2013, an additional $100.0 million aggregate principal amount at 102.0% of par in May 2013 and an additional $300.0 million aggregate principal amount at 97.0% of par in October 2013. Total proceeds, net of discounts, from the issuance of the Senior Notes were $688.6 million during 2013.
Distributions to partners were $96.6 million during the year ended December 31, 2013 compared to $34.4 million during the year ended December 31, 2012 due to increases in both declared distribution rates per unit and increases in the number of outstanding units. Distributions to the MRD Segment totaled $180.3 million in 2013 compared to $29.3 million in 2012. These distributions were primarily associated with the acquisition of assets by MEMP from the MRD Segment. Distributions to NGP affiliates were $355.5 million in 2013 compared to $242.2 million in 2012. The 2013 distribution was associated with the acquisition of assets by MEMP from certain affiliates of NGP in October 2013. The 2012 distribution was associated with the acquisition of assets located offshore Southern California from an affiliate of NGP.
The previous owners received contributions of $7.2 million during 2013 compared to $44.1 million during 2012. Distributions made by the previous owners totaled $2.6 million in 2013 compared to $26.5 million in 2012.
MEMP had net payments of $527.2 million during 2013 related to revolving credit facilities. Borrowings under revolving credit facilities were used primarily to fund distributions associated with acquisitions of oil and gas properties from affiliates of NGP. Proceeds from the issuance of the Senior Notes and common unit public equity offerings were used to repay borrowings under MEMPs revolving credit facility. During 2012, MEMP had net borrowings of $269.2 million related to revolving credit facilities. These borrowings were primarily used to fund distributions associated with acquisitions of oil and gas properties from affiliates of NGP. Deferred financing costs of $20.9 million were incurred during 2013 associated with both the Senior Notes and MEMPs revolving credit facility compared to $2.2 million incurred in 2012 related to revolving credit facilities.
Debt AgreementsMRD Segment
New Revolving Credit Facility
Concurrently with the closing of this offering, we anticipate that we will enter into a -year $2.0 billion senior secured revolving credit facility with an initial borrowing base of $ million. We intend to redeem the PIK notes and repay all outstanding indebtedness under WildHorse Resources credit agreements (discussed below) with net proceeds generated from this offering and borrowings under our new credit agreement.
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MRD LLC Revolving Credit Agreement (Terminated) & PIK Notes (To Be Redeemed 30 Days After Closing)
On July 13, 2012, MRD LLC entered into a two-year $50.0 million senior secured revolving credit facility with an initial borrowing base of $35.0 million. MRD LLC pledged 7,061,294 MEMP common units and 5,360,912 MEMP subordinated units as security under the credit facility as well as its oil and gas properties and certain other assets of MRD LLC. On November 20, 2012, MRD LLC entered into a first amendment to its credit agreement, which among other things: (i) increased the aggregate maximum credit to $1.0 billion (ii) increased the borrowing base to $120.0 million and (iii) extended the maturity date to November 20, 2016. On April 25, 2013, MRD LLC entered into a second amendment to its credit agreement, which among other things: (i) increased the borrowing base to $170.0 million and (ii) designated Tanos together with its consolidating subsidiaries as additional guarantors.
On October 1, 2013, Tanos and its consolidating subsidiaries were removed as guarantors and the borrowing base was reduced to $120.0 million. On November 1, 2013, MRD LLC entered into a third amendment to its credit agreement, which among other things: (i) designated Black Diamond together with its consolidating subsidiaries as additional guarantors, (ii) reduced the borrowing base to $100.0 million, and (iii) permitted second lien indebtedness. On November 22, 2013, the borrowing base was automatically reduced to $60.0 million upon MRD LLCs sale of 7,061,294 MEMP common units in a secondary offering. On December 18, 2013, indebtedness then outstanding under the revolving credit facility of $59.7 million and all accrued interest were paid off in full and the revolving credit facility was terminated in connection with the issuance of the PIK notes discussed below.
On December 18, 2013, the MRD Issuers completed a private placement of $350.0 million in aggregate principal amount of the PIK notes. The PIK notes were issued at 98% of par and will mature on December 15, 2018. Net proceeds from the private offering were used: (i) to repay all indebtedness then outstanding under MRD LLCs then-existing revolving credit facility, (ii) to establish a cash reserve of $50.0 million for the payment of interest on the PIK notes, (iii) to pay a $210.0 million distribution to the Funds, and (iv) for general company purposes.
Interest on the PIK notes is payable semi-annually in arrears on June 15 and December 15 of each year, commencing on June 15, 2014. Subject to conditions in the indenture governing the PIK notes, MRD LLC is required to pay interest on the PIK notes in cash or through issuing additional notes (such an issuance, PIK Interest). The interest rate on the PIK notes is 10.00% per annum for interest paid in cash or 10.75% per annum for PIK Interest. Any PIK Interest will be paid by issuing additional notes having the same terms as the PIK notes. PIK notes are subject to optional redemption at prices specified in the indenture plus accrued and unpaid interest, if any. The MRD Issuers may also be required to repurchase the PIK notes upon a change of control.
At the time the PIK notes were issued, all of MRD LLCs subsidiaries other than MEMP and BlueStone and each of their respective subsidiaries were designated as restricted subsidiaries. The indenture governing the PIK notes contains customary covenants and restrictive provisions that apply to both MRD LLC and its restricted subsidiaries, many of which will terminate if at any time no default exists under the indenture and the PIK notes receive an investment grade rating from both of two specified ratings agencies. The PIK notes are fully and unconditionally guaranteed on a senior unsecured basis by all of MRD LLCs restricted subsidiaries, except MEMP GP and WildHorse Resources.
WildHorse Resources is party to credit arrangements (discussed below) consisting of a credit agreement and a second lien term loan, which credit arrangements impose significant restrictions on WildHorse Resources, including limitations on WildHorse Resources ability to distribute cash to MRD LLC. For example, distributions from WildHorse Resources to MRD LLC are subject to certain conditions under WildHorse Resources credit arrangements and are limited to the lesser of (i) 50% of WildHorse Resources net income from July 1, 2013 together with, among other things, capital contributions and returns on investments and (ii) the lesser of (x) 50%
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of WildHorse Resources net income for the four fiscal quarters preceding any such distribution and (y) $45,000,000. WildHorse Resources credit arrangements also include other restrictions, including restrictions on WildHorse Resources ability to enter into transactions with its affiliates, including MRD LLC.
The indenture also provides for customary and other events of default. In the case of an event of default arising from certain events of bankruptcy or insolvency, all outstanding PIK notes will become due and payable immediately without further action or notice. If any other event of default occurs and is continuing, the trustee or the holders of at least 25% in principal amount of the then outstanding PIK notes may declare all the PIK notes to be due and payable immediately.
Contemporaneous with the closing of this offering, we will issue a redemption notice to the holders of the PIK notes pursuant to which we will redeem all outstanding PIK notes 30 days after the delivery of such notice. On the redemption date, we will pay all principal and any applicable premium and accrued and unpaid interest on such notes with a portion of the net cash proceeds of this offering. Until the redemption date or any earlier discharge date of the PIK notes, we will use the amount to be paid to the holders of those notes to temporarily reduce amounts outstanding under our new revolving credit facility. We will be subject to the provisions of the PIK notes indenture until the redemption date or any earlier discharge date. If the closing of this offering occurs after June 15, 2014, we will reimburse MRD LLC for the approximately $17.2 million of interest paid by MRD LLC in respect of the PIK notes on June 15th.
WildHorse Resources Revolving Credit Facility and Second Lien Facility (To Be Terminated At Closing)
On May 12, 2010, WildHorse Resources entered into a revolving credit facility. Borrowings under the amended revolving credit facility are secured by liens on substantially all of WildHorse Resources properties, but in any event, not less than 80% of the total value of the WildHorse Resources oil and natural gas properties.
On April 3, 2013, WildHorse Resources entered into an amended and restated credit agreement. The new revolving credit facility provides for aggregate maximum credit amounts at any time of $1.0 billion, consisting of borrowings and letters of credit and has an initial borrowing base of $300.0 million. The new revolving credit facility matures on April 13, 2018. The borrowing base is subject to redetermination on at least a semi-annual basis. Borrowings under the revolving credit facility are secured by liens on substantially all of WildHorse Resources properties, but in any event, not less than 80% of the total value of the WildHorse Resources oil and natural gas properties.
On June 13, 2013, WildHorse Resources entered into a $325.0 million second lien term loan agreement that matures on December 13, 2018. No amount of second lien term loans once repaid may be reborrowed. Borrowings bear interest, at the borrowers option, at either: (i) the Alternative Base Rate (as defined within each credit facility) plus 5.25% per annum or (ii) the applicable LIBOR plus 6.25% per annum. Borrowings under the second lien term loan agreement are secured by second-priority liens on substantially all of WildHorse Resources properties, but in any event, not less than 80% of the total value of the WildHorse Resources oil and natural gas properties. The priority of the security interests in the collateral and related creditors rights is set forth in an intercreditor agreement. The second lien term loan agreement contains customary affirmative and negative covenants, restrictive provisions and events of default.
On June 13, 2013, WildHorse Resources borrowed $325.0 million under its second lien term loan agreement and used such borrowings to reduce outstanding indebtedness under its revolving credit facility and to pay a one-time special $225.0 million distribution to MRD LLC. This $225.0 million distribution was subsequently distributed to the Funds.
In connection with the closing of this Offering, we anticipate that the WildHorse Resources revolving credit facility and second lien term loan will be repaid in full and terminated.
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Black Diamond Revolving Credit Facility (Terminated)
On July 27, 2011, the Black Diamond entered into a second amended and restated revolving credit facility, which extended the maturity date of the original agreement to May 9, 2015. Borrowings under the revolving credit facility are collateralized by Black Diamonds oil and natural gas properties. On November 1, 2013, the Black Diamond revolving credit facility was terminated. There was no indebtedness outstanding or accrued interest payable on such date.
Debt AgreementsMEMP Segment
MEMP Revolving Credit Facility & Senior Notes
On December 14, 2011, Memorial Production Operating LLC (OLLC), a wholly-owned subsidiary of MEMP, entered into multi-year $1.0 billion senior secured revolving credit facility with an initial borrowing base of $300.0 million. A sixth amendment to the credit agreement was entered into on September 26, 2013, which among other things: (i) increased the facility from $1.0 billion to $2.0 billion and (ii) increased the borrowing base from $480.0 million to $920.0 million upon the closing of MEMPs $603.0 million acquisition that closed October 1, 2013. On October 10, 2013, borrowing base was automatically reduced by $75.0 million in conjunction with the issuance of additional senior notes as discussed below in accordance with the terms of the credit facility. Borrowings under the revolving credit facility are secured by liens on substantially all of MEMPs properties, but in any event, not less than 80% of the total value of MEMPs oil and natural gas properties, and all of MEMPs equity interests in OLLC and any future guarantor subsidiaries (other than San Pedro Bay Pipeline Company) and all of MEMPs other assets including personal property. Additionally, borrowings under the revolving credit facility bear interest, at MEMPs option, at: (i) the Alternative Base Rate defined as the greatest of (x) the prime rate as determined by the administrative agent, (y) the federal funds effective rate plus 0.50%, and (z) the one-month adjusted LIBOR plus 1.0% (adjusted upwards, if necessary, to the next 1/100th of 1%), in each case, plus a margin that varies from 0.50% to 1.50% per annum according to the borrowing base usage (which is the ratio of outstanding borrowings and letters of credit to the borrowing base then in effect), (ii) the applicable LIBOR plus a margin that varies from 1.50% to 2.50% per annum according to the borrowing base usage, or (iii) the applicable LIBOR Market Index plus a margin that varies from 1.75% to 2.75% per annum according to the borrowing base usage. The unused portion of the borrowing base will be subject to a commitment fee that varies from 0.375% to 0.50% per annum according to the borrowing base usage.
On April 17, 2013, MEMP and Finance Corp. completed a private placement of $300.0 million aggregate principal amount of 7.625% senior unsecured notes due 2021 (the Senior Notes). The Senior Notes were issued at 98.521% of par and are fully and unconditionally guaranteed (subject to customary release provisions) on a joint and several basis by all of the MEMPs subsidiaries (other than Finance Corp., which is co-issuer of the Senior Notes, and certain immaterial subsidiaries). On May 23, 2013, the Issuers issued an additional $100.0 million aggregate principal amount of the Senior Notes at 102% of par. The Senior Notes will mature on May 1, 2021 with interest accruing at a rate of 7.625% per annum and payable semi-annually in arrears on May 1 and November 1 of each year, commencing November 1, 2013. The Senior Notes are governed by an indenture. The Senior Notes are subject to optional redemption at prices specified in the indenture plus accrued and unpaid interest, if any. The Issuers may also be required to repurchase the Senior Notes upon a change of control. The indenture contains customary covenants and restrictive provisions, many of which will terminate if at any time no default exists under the indenture and the Senior Notes receive an investment grade rating from both of two specified ratings agencies. The indenture also provides for customary and other events of default. In the case of an event of default arising from certain events of bankruptcy or insolvency with respect to either of the Issuers, all outstanding Senior Notes will become due and payable immediately without further action or notice. If any other event of default occurs and is continuing, the trustee or the holders of at least 25% in principal amount of the then outstanding Senior Notes may declare all the Senior Notes to be due and payable immediately. The Issuers have agreed pursuant to registration rights agreements to file an exchange offer registration statement or, under certain circumstances, a shelf registration statement with respect to the Senior Notes no later than April 17, 2014.
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Previous Owner Revolving Credit Facilities (Terminated)
On October 1, 2013, the debt balance then outstanding under the Boaz and Crown revolving credit facilities and all accrued interest was paid off in full and these revolving credit facilities were terminated. On October 1, 2013, the debt balance then outstanding under the Stanolind and Propel Energy revolving credit facilities and all accrued interest was paid off in full by MEMP on behalf of Stanolind and Propel Energy, respectively.
Contractual Obligations
In the table below, we set forth MRD LLCs consolidated and combined contractual obligations as of December 31, 2013. The contractual obligations that will actually be paid in future periods may vary from those reflected in the table because the estimates and assumptions are subjective.
Payments Due by Period (in thousands) | ||||||||||||||||||||
Contractual Obligations |
Total | 2014 | 2015 - 2016 | 2017 - 2018 | Beyond 2018 |
|||||||||||||||
Revolving credit facility(1) |
||||||||||||||||||||
MRD Segment |
$ | 203,100 | $ | | $ | | $ | 203,100 | $ | | ||||||||||
MEMP Segment |
103,000 | | | 103,000 | | |||||||||||||||
Estimated interest payments(2) |
||||||||||||||||||||
MRD Segment |
20,242 | 4,671 | 9,342 | 6,229 | | |||||||||||||||
MEMP Segment |
14,227 | 3,348 | 6,695 | 4,184 | | |||||||||||||||
Notes and Second Lien Term Loan(3) |
||||||||||||||||||||
MRD Segment |
973,500 | 59,700 | 119,400 | 794,400 | | |||||||||||||||
MEMP Segment |
1,100,313 | 53,375 | 106,750 | 106,750 | 833,438 | |||||||||||||||
Asset retirement obligations(4) |
||||||||||||||||||||
MRD Segment |
12,150 | 90 | 1,818 | 2,775 | 7,467 | |||||||||||||||
MEMP Segment |
99,619 | | 1,878 | 6,373 | 91,368 | |||||||||||||||
Decommissioning Trust Agreement(5) |
||||||||||||||||||||
MRD Segment |
| | | | | |||||||||||||||
MEMP Segment |
12,392 | 2,042 | 10,350 | | | |||||||||||||||
Operating leases |
||||||||||||||||||||
MRD Segment |
16,340 | 1,840 | 4,153 | 5,091 | 5,256 | |||||||||||||||
MEMP Segment |
3,985 | 549 | 976 | 410 | 2,050 | |||||||||||||||
Compression services |
||||||||||||||||||||
MRD Segment |
583 | 572 | 11 | | | |||||||||||||||
MEMP Segment |
6,507 | 6,507 | | | | |||||||||||||||
Drilling services |
||||||||||||||||||||
MRD Segment |
20,323 | 20,323 | | | | |||||||||||||||
MEMP Segment |
| | | | | |||||||||||||||
Processing Plant Demand Fees |
||||||||||||||||||||
MRD Segment |
118,182 | 19,347 | 51,606 | 47,229 | | |||||||||||||||
MEMP Segment |
| | | | | |||||||||||||||
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Total |
$ | 2,704,463 | $ | 172,364 | $ | 312,979 | $ | 1,279,541 | $ | 939,579 | ||||||||||
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(1) | Represents the scheduled future maturities of principal amounts outstanding for the periods indicated. See the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus for information regarding our revolving credit facilities. |
(2) | Estimated interest payments are based on the principal amount outstanding under revolving credit facilities at December 31, 2013. In calculating these amounts, we applied the weighted-average interest rate during 2013 associated with such debt. See the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus for the weighted-average variable interest rate charged during 2013 under these credit facilities. In addition, the estimate of payments for interest gives effect to interest rate swap agreements that were in place at December 31, 2013. |
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(3) | Represents the scheduled future interest payments and principal payments on the PIK notes, the Senior Notes and the WildHorse Resources second lien term loan. See the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus for information regarding debt agreements. |
(4) | Asset retirement obligations represent estimated discounted costs for future dismantlement and abandonment costs. These obligations are recorded as liabilities on our December 31, 2013 balance sheet. See the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus for additional information regarding our asset retirement obligations. |
(5) | Pursuant to a Bureau of Ocean Energy Management decommissioning trust agreement, the Partnership is required to fund a trust account to comply with supplemental regulatory bonding requirements related to decommissioning obligations for the offshore Southern California production facilities. See the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus for additional information. |
Critical Accounting Policies and Estimates
Natural Gas and Oil Properties
We use the successful efforts method of accounting to account for our natural gas and oil properties. Under this method, costs of acquiring properties, costs of drilling successful exploration wells, and development costs are capitalized. The costs of exploratory wells are initially capitalized pending a determination of whether proved reserves have been found. At the completion of drilling activities, the costs of exploratory wells remain capitalized if a determination is made that proved reserves have been found. If no proved reserves have been found, the costs of each of the related exploratory wells are charged to expense. In some cases, a determination of proved reserves cannot be made at the completion of drilling, requiring additional testing and evaluation of the wells. The costs of such exploratory wells are expensed if a determination of proved reserves has not been made within a twelve-month period after drilling is complete. Exploration costs such as geological, geophysical, and seismic costs are expensed as incurred.
As exploration and development work progresses and the reserves on these properties are proven, capitalized costs attributed to the properties are subject to depreciation and depletion. Depletion of capitalized costs is provided using the units-of-production method based on proved natural gas and oil reserves related to the associated field. Capitalized drilling and development costs of producing natural gas and oil properties are depleted over proved developed reserves and leasehold costs are depleted over total proved reserves.
On the sale or retirement of a complete or partial unit of a proved property or pipeline and related facilities, the cost and related accumulated depreciation, depletion, and amortization are eliminated from the property accounts, and any gain or loss is recognized.
Proved Natural Gas and Oil Reserves
The estimates of proved natural gas and oil reserves utilized in the preparation of the consolidated and combined financial statements are estimated in accordance with the rules established by the SEC and the FASB. These rules require that reserve estimates be prepared under existing economic and operating conditions using a trailing 12-month average price with no provision for price and cost escalations in future years except by contractual arrangements. We intend to use NSAI to prepare a reserve report as of December 31 of each year for a vast majority of our proved reserves and to prepare internal estimates of our proved reserves as of June 30 of each year.
Reserve estimates are inherently imprecise. Accordingly, the estimates are expected to change as more current information becomes available. Oil and gas properties are depleted by field using the units-of-production method. It is possible that, because of changes in market conditions or the inherent imprecision of reserve estimates, the estimates of future cash inflows, future gross revenues, the amount of natural gas and oil reserves, the remaining estimated lives of natural gas and oil properties, or any combination of the above may be increased or reduced. Increases in recoverable economic volumes generally reduce per unit depletion rates while decreases in recoverable economic volumes generally increase per unit depletion rates.
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A decline in proved reserves may result from lower market prices, which may make it uneconomical to drill for and produce higher cost fields. In addition, a decline in proved reserve estimates may impact the outcome of our assessment of oil and gas producing properties for impairment.
Impairments
Proved natural gas and oil properties are reviewed for impairment when events and circumstances indicate a possible decline in the recoverability of the carrying value of such properties, such as a downward revision of the reserve estimates, less than expected production, drilling results, higher operating and development costs, or lower commodity prices. The estimated undiscounted future cash flows expected in connection with the property are compared to the carrying value of the property to determine if the carrying amount is recoverable. If the carrying value of the property exceeds its estimated undiscounted future cash flows, the carrying amount of the property is reduced to its estimated fair value using Level 3 inputs. The factors used to determine fair value include, but are not limited to, estimates of proved reserves, future commodity prices, the timing of future production and capital expenditures and a discount rate commensurate with the risk reflective of the lives remaining for the respective oil and gas properties.
Asset Retirement Obligations
An asset retirement obligation associated with retiring long-lived assets is recognized as a liability on a discounted basis in the period in which the legal obligation is incurred and becomes determinable, with an equal amount capitalized as an addition to natural gas and oil properties, which is allocated to expense over the useful life of the asset. Generally, oil and gas producing companies incur such a liability upon acquiring or drilling a well. Accretion expense is recognized over time as the discounted liabilities are accreted to their expected settlement value. Upon settlement of the liability, a gain or loss is recognized to the extent the actual costs differ from the recorded liability.
Incentive Units
The governing documents of MRD LLC and certain of MRD LLCs subsidiaries, including WildHorse Resources and BlueStone, provide for the issuance of incentive units. The incentive units are subject to performance conditions that affect their vesting. Compensation cost is recognized only if the performance condition is probable of being satisfied at each reporting date.
WildHorse Resources, BlueStone and MRD LLC have each granted incentive units to certain of its members who were key employees at the time of grant. Holders of incentive units are entitled to distributions ranging from 10% to 31.5% when declared, but only after cumulative distribution thresholds (payouts) have been achieved. Payouts are generally triggered after the recovery of specified members capital contributions plus a rate of return.
Vesting of incentive units is generally dependent upon an explicit service period, a fundamental change as defined in the respective governing document, and achievement of payout. All incentive units not vested are forfeited if an employee is no longer employed. All incentive units will be forfeited if a holder resigns whether the incentive units are vested or not. If the payouts have not yet occurred, then all incentive units, whether or not vested, will be forfeited automatically (unless extended).
Revenue Recognition
Revenue from the sale of natural gas and oil is recognized when title passes, net of royalties due to third parties. Natural gas and oil revenues are recorded using the sales method. Under this method, revenues are recognized based on actual volumes of natural gas and oil sold to purchasers, regardless of whether the sales are proportionate to our ownership in the property. An asset or a liability is recognized to the extent that we have an
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imbalance in excess of our proportionate share of the remaining recoverable reserves on the underlying properties.
Derivative Instruments
Commodity derivative financial instruments (e.g., swaps, floors, collars, and put options) are used to reduce the impact of natural gas and oil price fluctuations. Interest rate swaps are used to manage exposure to interest rate volatility, primarily as a result of variable rate borrowings under credit facilities. Every derivative instrument is recorded in the balance sheet as either an asset or liability measured at its fair value. Changes in the derivatives fair value are recognized currently in earnings as we have not elected hedge accounting for any of our derivative positions.
Income Tax
Our predecessor is organized as a pass-through entity for federal income tax purposes. As a result, members are responsible for federal income taxes on their share of our taxable income. Certain of our predecessors consolidated subsidiaries are taxed as corporations and subject to federal income taxes. Our predecessor is also subject to the Texas margin tax and certain aspects of the tax make it similar to an income tax as the tax is assessed on 1% of taxable margin apportioned to operations in Texas. Deferred taxes arise due to temporary differences between the financial statement carrying value of existing assets and liabilities and their respective tax basis.
Our predecessor must recognize the tax effects of any uncertain tax positions it may adopt if the position taken is more likely than not sustainable based on its technical merits. If a tax position meets such criteria, the tax effect that would be recognized by us would be the largest amount of benefit with more than a 50% chance of being realized. There were no uncertain tax positions that required recognition in the financial statements at December 31, 2013 or 2012.
Upon closing of the offering, we will be treated as a taxable C corporation and will be subject to federal and certain state income taxes. Accordingly, a pro forma income tax provision has been disclosed as if our predecessor was a taxable corporation for all periods presented. A pro forma effective tax rate of 36.06% and 35.39% was used for the years ended December 31, 2013 and 2012, respectively. If MRD LLC had affected the change in tax status on December 31, 2013, MRD LLC would have recognized a deferred tax liability of approximately $114.9 million primarily related to the tax basis of its long-lived assets being less than its book basis in those assets. MRD LLC would not have recognized any material deferred tax assets.
Unaudited Pro Forma Earnings Per Share
MRD LLC has presented pro forma earnings per share for all periods presented. Pro forma net income (loss) per basic and diluted share is determined by dividing the pro forma net income (loss) by the number of common shares expected to be outstanding immediately following the Offering.
OffBalance Sheet Arrangements
As of December 31, 2013, we had no offbalance sheet arrangements.
Recently Issued Accounting Pronouncements
For a discussion of recent accounting pronouncements that will affect us, see the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus.
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Emerging Growth Company
Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards, but we have irrevocably opted out of the extended transition period and, as a result, we will adopt new or revised accounting standards on the relevant dates in which adoption of such standards is required for other public companies.
Quantitative and Qualitative Disclosures About Market Risk
The primary objective of the following information is to provide forward-looking quantitative and qualitative information about our potential exposure to market risk. The term market risk refers to the risk of loss arising from adverse changes in natural gas and oil prices and interest rates. The disclosures are not meant to be precise indicators of expected future losses, but rather indicators of how we view and manage our ongoing market risk exposures. All of our market risk sensitive instruments were entered into for hedging purposes, rather than for speculative trading.
Commodity Price Risk
Our cash flow from operations is subject to many variables, the most significant of which is the volatility of natural gas and oil prices. Natural gas and oil prices are determined primarily by prevailing market conditions, which are dependent on regional and worldwide economic activity, weather and other factors beyond our control. Our future cash flow from operations will depend on the prices of natural gas and oil and our ability to maintain and increase production through acquisitions and exploitation and development projects.
To reduce the impact of fluctuations in natural gas and oil prices on our revenues, or to protect the economics of property acquisitions, we periodically enter into derivative contracts with respect to a portion of our projected natural gas and oil production through various transactions that fix the future prices received. These transactions may include price swaps, whereby we will receive a fixed price for our production and pay a variable market price to the contract counterparty. Additionally, we may enter into collars, whereby we receive the excess, if any, of the fixed floor over the floating rate or pays the excess, if any, of the floating rate over the fixed ceiling price. These hedging activities are intended to support natural gas and oil prices at targeted levels and to manage our exposure to natural gas and oil price fluctuations. We do not enter derivative contracts for speculative trading purposes. Our revolving credit facility contains various covenants and restrictive provisions which, among other things, limit our ability to enter into commodity price hedges exceeding a certain percentage of production.
For additional information regarding the volumes of our production covered by commodity derivative contracts and the average prices at which production is hedged as of December 31, 2013 and December 31, 2012, see the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus as well as the tables below.
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At December 31, 2013, the MRD Segment had the following open commodity positions:
2014 | 2015 | 2016 | 2017 | |||||||||||||
Natural Gas Derivative Contracts: |
||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||
Average Monthly Volume (MMBtu) |
1,190,000 | 880,000 | 670,000 | 520,000 | ||||||||||||
Weighted-average fixed price |
$ | 4.10 | $ | 4.19 | $ | 4.32 | $ | 4.45 | ||||||||
Collar contracts: |
||||||||||||||||
Average Monthly Volume (MMBtu) |
330,000 | 130,000 | | | ||||||||||||
Weighted-average floor price |
$ | 4.09 | $ | 4.00 | $ | | $ | | ||||||||
Weighted-average ceiling price |
$ | 5.24 | $ | 4.64 | $ | | $ | | ||||||||
Basis swaps: |
||||||||||||||||
Average Monthly Volume (MMBtu) |
270,000 | 180,000 | 220,000 | 200,000 | ||||||||||||
Spread |
$ | (0.07 | ) | $ | (0.09 | ) | $ | (0.08 | ) | $ | (0.08 | ) | ||||
Crude Oil Derivative Contracts: |
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Fixed price swap contracts: |
||||||||||||||||
Average Monthly Volume (Bbls) |
18,000 | 6,000 | | | ||||||||||||
Weighted-average fixed price |
$ | 91.66 | $ | 88.50 | $ | | $ | | ||||||||
Collar contracts: |
||||||||||||||||
Average Monthly Volume (Bbls) |
8,000 | 2,000 | | | ||||||||||||
Weighted-average floor price |
$ | 85.00 | $ | 85.00 | $ | | $ | | ||||||||
Weighted-average ceiling price |
$ | 117.50 | $ | 101.35 | $ | | $ | | ||||||||
NGL Derivative Contracts: |
||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||
Average Monthly Volume (Bbls) |
18,000 | | | | ||||||||||||
Weighted-average fixed price |
$ | 64.27 | | | |
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At December 31, 2013, the MEMP Segment had the following open commodity positions:
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |||||||||||||||||||
Natural Gas Derivative Contracts: |
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Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
2,575,458 | 2,145,278 | 2,342,442 | 2,230,067 | 2,060,000 | 1,814,583 | ||||||||||||||||||
Weighted-average fixed price |
$ | 4.34 | $ | 4.30 | $ | 4.42 | $ | 4.31 | $ | 4.52 | $ | 4.77 | ||||||||||||
Collar contracts: |
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Average Monthly Volume (MMBtu) |
340,000 | 350,000 | | | | | ||||||||||||||||||
Weighted-average floor price |
$ | 4.93 | $ | 4.62 | $ | | $ | | $ | | $ | | ||||||||||||
Weighted-average ceiling price |
$ | 6.12 | $ | 5.80 | $ | | $ | | $ | | $ | | ||||||||||||
Call spreads(1): |
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Average Monthly Volume (MMBtu) |
120,000 | 80,000 | | | | | ||||||||||||||||||
Weighted-average sold strike price |
$ | 5.08 | $ | 5.25 | $ | | $ | | $ | | $ | | ||||||||||||
Weighted-average bought strike price |
$ | 6.31 | $ | 6.75 | $ | | $ | | $ | | $ | | ||||||||||||
Basis swaps: |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
2,822,083 | | | | | | ||||||||||||||||||
Spread |
$ | (0.09 | ) | $ | | $ | | $ | | $ | | $ | | |||||||||||
Crude Oil Derivative Contracts: |
||||||||||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
136,444 | 148,281 | 142,313 | 130,600 | 122,000 | 40,000 | ||||||||||||||||||
Weighted-average fixed price |
$ | 95.82 | $ | 93.07 | $ | 86.85 | $ | 85.96 | $ | 85.62 | $ | 85.00 | ||||||||||||
Collar contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
23,000 | 5,000 | | | | | ||||||||||||||||||
Weighted-average floor price |
$ | 82.83 | $ | 80.00 | $ | | $ | | $ | | $ | | ||||||||||||
Weighted-average ceiling price |
$ | 105.31 | $ | 94.00 | $ | | $ | | $ | | $ | | ||||||||||||
Basis swaps: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
57,292 | 57,500 | | | | | ||||||||||||||||||
Spread |
$ | (9.21 | ) | $ | (9.73 | ) | $ | | $ | | $ | | $ | | ||||||||||
NGL Derivative Contracts: |
||||||||||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
118,500 | 112,800 | | | | | ||||||||||||||||||
Weighted-average fixed price |
$ | 36.23 | $ | 35.04 | $ | | $ | | $ | | $ | |
(1) | These transactions were entered into for the purpose of eliminating the ceiling portion of certain collar arrangements, which effectively converted the applicable collars into swaps. |
At December 31, 2012, the MRD Segment had the following open commodity positions:
2013 | 2014 | 2015 | ||||||||||
Natural Gas Derivative Contracts: |
||||||||||||
Fixed price swap contracts: |
||||||||||||
Average Monthly Volume (MMBtu) |
961,000 | 540,000 | 210,000 | |||||||||
Weighted-average fixed price |
$ | 4.08 | $ | 3.96 | $ | 4.09 | ||||||
Collar contracts: |
||||||||||||
Average Monthly Volume (MMBtu) |
661,000 | 430,000 | 130,000 | |||||||||
Weighted-average floor price |
$ | 4.61 | $ | 4.18 | $ | 4.00 | ||||||
Weighted-average ceiling price |
$ | 5.56 | $ | 5.10 | $ | 4.64 | ||||||
Basis swaps: |
||||||||||||
Average Monthly Volume (MMBtu) |
230,000 | 230,000 | 390,000 | |||||||||
Spread |
$ | (0.09 | ) | $ | (0.09 | ) | $ | (0.09 | ) |
85
2013 | 2014 | 2015 | ||||||||||
Crude Oil Derivative Contracts: |
||||||||||||
Fixed price swap contracts: |
||||||||||||
Average Monthly Volume (Bbls) |
6,000 | | | |||||||||
Weighted-average fixed price |
$ | 98.44 | $ | | $ | | ||||||
Collar contracts: |
||||||||||||
Average Monthly Volume (Bbls) |
22,750 | 14,000 | 2,000 | |||||||||
Weighted-average floor price |
$ | 84.66 | $ | 87.86 | $ | 85.00 | ||||||
Weighted-average ceiling price |
$ | 108.89 | $ | 111.34 | $ | 101.35 | ||||||
NGL Derivative Contracts: |
||||||||||||
Fixed price swap contracts: |
||||||||||||
Average Monthly Volume (Bbls) |
28,500 | 2,000 | | |||||||||
Weighted-average fixed price |
$ | 54.12 | $ | 84.00 | $ | |
At December 31, 2012, the MEMP Segment had the following open commodity positions:
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |||||||||||||||||||
Natural Gas Derivative Contracts: |
||||||||||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
1,017,672 | 1,462,125 | 1,156,112 | 1,113,275 | 1,020,067 | 900,000 | ||||||||||||||||||
Weighted-average fixed price |
$ | 4.35 | $ | 4.38 | $ | 4.28 | $ | 4.53 | $ | 4.30 | $ | 4.75 | ||||||||||||
Collar contracts: |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
1,014,000 | 340,000 | 350,000 | | | | ||||||||||||||||||
Weighted-average floor price |
$ | 4.76 | $ | 4.93 | $ | 4.62 | $ | | $ | | $ | | ||||||||||||
Weighted-average ceiling price |
$ | 5.82 | $ | 6.12 | $ | 5.80 | $ | | $ | | $ | | ||||||||||||
Call spreads(1): |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
430,000 | 120,000 | 80,000 | | | | ||||||||||||||||||
Weighted-average sold strike price |
$ | 4.59 | $ | 5.08 | $ | 5.25 | $ | | $ | | $ | | ||||||||||||
Weighted-average bought strike price |
$ | 5.84 | $ | 6.31 | $ | 6.75 | $ | | $ | | $ | | ||||||||||||
Basis swaps: |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
813,432 | 1,318,750 | | | | | ||||||||||||||||||
Spread |
$ | (0.11 | ) | $ | (0.09 | ) | $ | | $ | | $ | | $ | | ||||||||||
Crude Oil Derivative Contracts: |
||||||||||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
70,632 | 35,102 | 12,031 | 11,013 | 10,000 | | ||||||||||||||||||
Weighted-average fixed price |
$ | 103.32 | $ | 94.27 | $ | 90.29 | $ | 90.39 | $ | 88.30 | $ | | ||||||||||||
Collar contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
36,750 | 52,158 | 50,000 | 44,000 | 42,000 | | ||||||||||||||||||
Weighted-average floor price |
$ | 84.73 | $ | 90.51 | $ | 89.00 | $ | 85.00 | $ | 85.00 | $ | | ||||||||||||
Weighted-average ceiling price |
$ | 108.07 | $ | 107.03 | $ | 103.31 | $ | 103.40 | $ | 99.00 | $ | | ||||||||||||
Call contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
10,000 | | | | | | ||||||||||||||||||
Weighted-average fixed price |
$ | 115.00 | $ | | $ | | $ | | $ | | $ | | ||||||||||||
NGL Derivative Contracts: |
||||||||||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
30,805 | 16,300 | | | | | ||||||||||||||||||
Weighted-average fixed price |
$ | 53.19 | $ | 58.91 | $ | | $ | | $ | | $ | |
(1) | These transactions were entered into for the purpose of eliminating the ceiling portion of certain collar arrangements, which effectively converted the applicable collars into swaps. |
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Interest Rate Risk
Periodically, we enter into interest rate swaps to mitigate exposure to market rate fluctuations by converting variable interest rates such as those in our credit agreement to fixed interest rates. See the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus for additional information regarding fixed-for-floating interest rate swap open positions as of December 31, 2013 and December 31, 2012 as well as the tables below.
At December 31, 2013, we had the following interest rate swap open positions:
Credit Facility |
2014 | 2015 | 2016 | |||||||||
MEMP: |
||||||||||||
Average Monthly Notional (in thousands) |
$ | 173,958 | $ | 280,833 | $ | 150,000 | ||||||
Weighted-average fixed rate |
1.306 | % | 1.416 | % | 1.193 | % | ||||||
Floating rate |
1 Month LIBOR | 1 Month LIBOR | 1 Month LIBOR | |||||||||
WildHorse Resources: |
||||||||||||
Average Monthly Notional (in thousands) |
$ | 118,750 | $ | 100,000 | $ | | ||||||
Weighted-average fixed rate |
0.773 | % | 0.758 | % | | |||||||
Floating rate |
1 Month LIBOR | 1 Month LIBOR | |
At December 31, 2012, we had the following interest rate swap open positions:
Credit Facility |
2013 | 2014 | 2015 | 2016 | ||||||||||||
MEMP: |
||||||||||||||||
Average Monthly Notional (in thousands) |
$ | 162,500 | $ | 150,000 | $ | 150,000 | $ | 150,000 | ||||||||
Weighted-average fixed rate |
1.148 | % | 1.193 | % | 1.193 | % | 1.193 | % | ||||||||
Floating rate |
1 Month LIBOR | 1 Month LIBOR | 1 Month LIBOR | 1 Month LIBOR | ||||||||||||
WildHorse Resources: |
||||||||||||||||
Average Monthly Notional (in thousands) |
$ | 150,667 | $ | 118,750 | $ | 100,000 | $ | | ||||||||
Weighted-average fixed rate |
0.779 | % | 0.773 | % | 0.758 | % | | |||||||||
Floating rate |
1 Month LIBOR | 1 Month LIBOR | 1 Month LIBOR | | ||||||||||||
Tanos: |
||||||||||||||||
Average Monthly Notional (in thousands) |
$ | 30,000 | $ | | $ | | $ | | ||||||||
Weighted-average fixed rate |
1.362 | % | | | | |||||||||||
Floating rate |
1 Month LIBOR | | | | ||||||||||||
WHT: |
||||||||||||||||
Average Monthly Notional (in thousands) |
$ | 75,000 | $ | 25,000 | $ | | $ | | ||||||||
Weighted-average fixed rate |
1.510 | % | 1.510 | % | | | ||||||||||
Floating rate |
1 Month LIBOR | 1 Month LIBOR | | | ||||||||||||
Previous Owners: |
||||||||||||||||
Average Monthly Notional (in thousands) |
$ | 11,500 | 5,750 | $ | | $ | | |||||||||
Weighted-average fixed rate |
0.500 | % | 0.500 | % | | | ||||||||||
Floating rate |
1 Month LIBOR | 1 Month LIBOR | | |
Counterparty and Customer Credit Risk
Our principal exposures to credit risk are through receivables resulting from commodity derivatives and the sale of our oil and gas production, which we market to energy companies.
By using derivative instruments that are not traded on an exchange to hedge exposures to changes in commodity prices, we expose ourselves to the credit risk of our counterparties. Credit risk is the potential failure of the counterparty to perform under the terms of the derivative contract. When the fair value of a derivative contract is positive, the counterparty is expected to owe us, which creates the credit risk. To minimize the credit risk in derivative instruments, it is our policy to enter into derivative contracts only with counterparties that are
87
creditworthy financial institutions deemed by management as competent and competitive market-makers. The creditworthiness of our counterparties is subject to periodic review. As of December 31, 2013, all of our derivative contracts are with major financial institutions who are also lenders under our revolving credit facilities. See the Notes to the Consolidated and Combined Financial Statements included elsewhere in this prospectus for additional information.
We are also subject to credit risk due to the concentration of our natural gas and oil receivables with several significant customers. We do not require our customers to post collateral, and the inability of our significant customers to meet their obligations to us or their insolvency or liquidation may adversely affect our financial results.
88
MRD LLC has two reportable business segments, both of which are engaged in the acquisition, exploitation, development and production of oil and natural gas properties:
| MRDreflects all of MRD LLCs consolidating subsidiaries except for MEMP. |
| MEMPreflects the consolidated and combined operations of MEMP. |
Because we control MEMP through our ownership of its general partner, its business and operations are consolidated with ours for financial reporting purposes, even though we own a minority of its partner interests. As a result, our financial statements and notes thereto included elsewhere in this prospectus consolidate MEMPs business and assets with ours. However, except where expressly noted to the contrary, the following discussion of our business, operations and assets and the use of the terms we, our and us excludes MEMPs business, operations and assets. See MEMP for information regarding MEMPs business and assets. In addition, because BlueStone will not be included in the assets that MRD LLC will contribute to us in connection with the restructuring transactions, unless stated otherwise, the information in this section does not include BlueStone.
We are an independent natural gas and oil company focused on the exploitation, development, and acquisition of natural gas, NGL and oil properties with a majority of our activity in the Terryville Complex of North Louisiana, where we are targeting overpressured, liquids-rich natural gas opportunities in multiple zones in the Cotton Valley formation. Our total leasehold position is 347,458 gross (205,818 net) acres, of which 60,041 gross (51,522 net) acres are in what we believe to be the core of the Terryville Complex. We are focused on creating shareholder value primarily through the development of our sizeable horizontal inventory.
MEMP is engaged in the acquisition, exploitation, development and production of oil and natural gas properties, with assets consisting primarily of producing oil and natural gas properties that are principally located in East Texas/North Louisiana, the Permian Basin, offshore Southern California, the Rockies, the Eagle Ford and South Texas. Most of MEMPs properties are located in large, mature oil and natural gas reservoirs with well-known geologic characteristics and long-lived, predictable production profiles and modest capital requirements. MEMP is focused on generating stable cash flows, to allow MEMP to make quarterly cash distributions to its unitholders and, over time, to increase those quarterly cash distributions.
MRD
Overview
As of December 31, 2013, we had 1,582 gross (1,091 net) identified horizontal drilling locations, of which over 1,431 gross (994 net) identified horizontal drilling locations are located in the Terryville Complex. These total net identified horizontal drilling locations represent an inventory of over 32 years based on our expected 2014 drilling program. We believe our inventory to be repeatable and capable of generating high returns based on the extensive production history in the area, the results of our horizontal wells drilled to date, and the consistent reservoir quality across multiple target formations. As of December 31, 2013, we had estimated proved, probable and possible reserves of approximately 1,126 Bcfe, 800 Bcfe and 1,711 Bcfe, respectively. As of such date, we operated 98% of our proved reserves, 71% of which were natural gas. For the three months ended December 31, 2013, 45% of our pro forma MRD Segment revenues were attributable to natural gas production, 28% to NGLs and 27% to oil. For the year ended December 31, 2013, we generated pro forma MRD Segment Adjusted EBITDA of $159 million and pro forma net income of $ million, and made pro forma total capital expenditures of $203 million, including $70 million for wells coming online in 2014. Please see Summary Historical Consolidated and Combined Pro Forma Financial DataAdjusted EBITDA for an explanation of the basis for the pro forma presentation and our use of Adjusted EBITDA to measure the MRD Segments profitability.
89
Our average net daily production for the three months ended December 31, 2013 was 137 MMcfe/d (approximately 70% natural gas, 22% NGLs and 8% oil) and our reserve life was 23 years. As of December 31, 2013, we produced from 95 horizontal wells and 800 vertical wells. The Terryville Complex represented 83% of our total net production for the three months ended December 31, 2013. Our estimated average net daily production for the period from April 1 through April 30, 2014 was 179 MMcfe/d, of which 73% was from natural gas. Our estimated average net daily production from our properties in the Terryville Complex for the same period was 141 MMcfe/d, or 79% of our total production. In the Terryville Complex, we have completed and brought online six additional horizontal wells since January 1, 2014, bringing our total number of producing horizontal wells to 27 in our primary formations. The 24-hour initial production rates of our four most recent wells averaged 26.6 MMcfe/d.
The following chart provides information regarding our production growth and the increasing proportion of our horizontal well production since the beginning of 2012.
Our Properties
Cotton ValleyOverview
The Cotton Valley formation extends across East Texas, North Louisiana and Southern Arkansas. The formation has been under development since the 1930s and is characterized by thick, multi-zone natural gas and oil reservoirs with well-known geologic characteristics and long-lived, predictable production profiles. Over 21,000 vertical wells have been completed throughout the play. In 2005, operators started redeveloping the Cotton Valley using horizontal drilling and advanced hydraulic fracturing techniques. To date, operators have drilled over 600 horizontal Cotton Valley wells. Some large, analogous redevelopment projects in the Cotton Valley include the Nan-Su-Gail Field in Freestone County, East Texas, where over 40 horizontal wells have been drilled by operators such as Devon Energy Corporation and Marathon Oil Corporation, and the Carthage Complex in Panola County, East Texas, where operators such as ExxonMobil Corporation, ConocoPhillips and Anadarko Petroleum Corporation have drilled over 153 horizontal wells.
90
Cotton ValleyTerryville Complex Horizontal Redevelopment
We are currently engaged in the horizontal redevelopment of the Terryville Complex in Lincoln Parish, Louisiana utilizing horizontal drilling and completion techniques similar to those employed at the Nan-Su-Gail Field, Carthage Complex in East Texas and other major resource plays across the United States. We have assembled a largely contiguous acreage position in the Terryville Complex of approximately 60,041 gross (51,522 net) acres as of December 31, 2013. The majority of our current and planned development is focused in and around what we believe to be the core of the Terryville Complex.
We entered the Terryville Complex via an acquisition from Petrohawk Energy Corporation in April 2010, with the goal of redeveloping the field with horizontal drilling and modern completion techniques. Since that acquisition, we have completed multiple bolt-on acquisitions and in-fill leases to build our current position. We believe the Terryville Complex, which has been producing since 1954, is one of North Americas most prolific natural gas fields, characterized by high recoveries relative to drilling and completion costs, high initial production rates with high liquids yields, long reserve life, multiple stacked producing zones, available infrastructure and a large number of service providers.
After initially drilling eight vertical pilot wells in the Terryville Complex, we commenced a horizontal drilling program in 2011 to further delineate and define our position. In 2013, we shifted our operational focus to full-scale horizontal redevelopment of the Terryville Complex, going from two rigs to four rigs by the end of that year. Additionally, in the fourth quarter of 2013, we moved to drilling on multi-well pads that allow us to more efficiently drill wells and control costs as we develop our stacked pay zones. We intend to dedicate approximately $264 million of our $316 million drilling and completion budget in 2014 to develop multiple zones within the Terryville Complex, where we expect to drill and complete 35 gross (30 net) wells. Our horizontal redevelopment program in the Terryville Complex will be focused on increasing our well performance and recoveries.
Within the Terryville Complex, as of December 31, 2013, we had 945 Bcfe, 688 Bcfe and 1,643 Bcfe of estimated proved, probable and possible reserves, respectively, and a drilling inventory consisting of 1,431 gross (994 net) identified horizontal drilling locations, including 91 gross (72 net) drilling locations to which we have attributed proved undeveloped reserves as of December 31, 2013. Since initiating our horizontal drilling program in 2011, we have drilled 27 gross (22.0 net) horizontal wells, growing our gross daily production in the Terryville Complex by 304% from 53.0 MMcfe/d for the three months ended March 31, 2010 to 214.0 MMcfe/d for the month ended April 30, 2014. For the three months ended December 31, 2013, 42% of our revenues from the Terryville Complex were attributable to natural gas, 29% to NGLs and 29% to oil. Within the Terryville Complex, on a proved reserves basis, we operate approximately 99% of our existing acreage and hold an average working interest of approximately 74% across our acreage. Our high operating control allows us to more efficiently and economically manage the redevelopment of this extensive resource.
We believe seismic data, as well as information gathered from the results of our existing 275 vertical and 27 horizontal wells throughout the field, support the existence of at least ten stacked pay zones across the Terryville Complex. Our redevelopment program currently targets four of the stacked pay zones in the Cotton Valley formationzones we term the Upper Red, Lower Red, Lower Deep Pink and Upper Deep Pink, all of which we are developing with horizontal wells through pad drilling. These four zones have an overall thickness ranging from 400 to 890 feet across our acreage position. We believe the overpressured nature of this section of the Cotton Valley formation is highly productive when accessed through horizontal drilling and fracture stimulation technologies. These qualities, when combined with the liquids-rich nature of the natural gas, high initial rates of production and competitive well costs, produce what we believe to be amongst the highest rate of return wells in the nation. Further, there are additional opportunities for redevelopment in the zones above the four main zones. NSAI has allocated over $1 billion PV-10 and 677 Bcfe to our possible reserve category for the redevelopment of these additional zones. Please see Reserves.
91
The table below details certain information on estimated ultimate recoveries and production for the 27 horizontal wells currently producing in the Terryville Complex. Our well results have shown consistency in initial production, decline rates and estimated ultimate recovery. The consistency of these results gives us confidence that the full-scale redevelopment of the Terryville Complex we began in 2013 will be successful as we move from four to five rigs in 2014.
|
Producing Wells |
|
Gross Wellhead Flow Rates After Processing |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Lateral Length (Feet) |
EUR(2) | EUR Bcfe/ 1,000 |
First Production |
Days Producing |
CumulativeProduction | (MMcfe/d)(3)(4) | D&C ($MM) |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Well Name(1) |
Bcfe | %Gas | %NGL | %Oil | Bcfe | %Gas | %NGL | %Oil | 0-30 | 0-90 | 91-180 | 181-360 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Upper Red Zone |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
LD Barnett 23H-2 |
4,015 | 13.6 | 69 | % | 27 | % | 4 | % | 3.4 | 1/30/2012 | 821 | 4.6 | 71 | % | 24 | % | 5 | % | 14.5 | 12.0 | 7.7 | 5.6 | 6.7 | |||||||||||||||||||||||||||||||||||||||||||||
Colquitt 20 17H-1 |
4,357 | 11.2 | 80 | % | 18 | % | 2 | % | 2.6 | 7/30/2012 | 639 | 3.8 | 82 | % | 17 | % | 2 | % | 17.5 | 12.6 | 7.2 | 5.1 | 7.7 | |||||||||||||||||||||||||||||||||||||||||||||
Dowling 22 15H-1 |
5,376 | 16.8 | 75 | % | 23 | % | 2 | % | 3.1 | 9/22/2012 | 585 | 5.1 | 80 | % | 18 | % | 3 | % | 16.3 | 15.6 | 11.1 | 8.2 | 8.8 | |||||||||||||||||||||||||||||||||||||||||||||
Nobles 13H-1 |
4,216 | 11.6 | 66 | % | 23 | % | 11 | % | 2.8 | 11/17/2012 | 529 | 4.2 | 66 | % | 21 | % | 13 | % | 21.5 | 16.7 | 9.9 | 6.5 | 7.8 | |||||||||||||||||||||||||||||||||||||||||||||
Sidney McCullin 16 21H-1 |
4,604 | 16.9 | 75 | % | 22 | % | 2 | % | 3.7 | 1/19/2013 | 466 | 4.4 | 81 | % | 16 | % | 3 | % | 17.4 | 14.2 | 10.8 | 8.4 | 8.1 | |||||||||||||||||||||||||||||||||||||||||||||
Wright 14 11 HC-1 |
5,250 | 18.0 | 68 | % | 26 | % | 6 | % | 3.4 | 5/27/2013 | 338 | 4.4 | 65 | % | 28 | % | 8 | % | 19.6 | 18.1 | 16.1 | 8.8 | ||||||||||||||||||||||||||||||||||||||||||||||
BF Fallin 22 15H-1 |
5,122 | 15.6 | 73 | % | 24 | % | 3 | % | 3.0 | 6/17/2013 | 317 | 3.1 | 74 | % | 22 | % | 4 | % | 14.8 | 13.7 | 11.8 | 7.5 | ||||||||||||||||||||||||||||||||||||||||||||||
Dowling 20 17H-1 |
4,327 | 8.9 | 73 | % | 25 | % | 2 | % | 2.1 | 7/22/2013 | 282 | 2.0 | 77 | % | 20 | % | 3 | % | 15.2 | 11.0 | 5.7 | 10.7 | ||||||||||||||||||||||||||||||||||||||||||||||
Gleason 31H-1 |
3,692 | 2.5 | 92 | % | 8 | % | | 0.7 | 8/12/2013 | 261 | 0.5 | 92 | % | 8 | % | | 3.5 | 2.7 | 1.8 | 9.4 | ||||||||||||||||||||||||||||||||||||||||||||||||
Burnett 26H-1 |
2,405 | 4.2 | 71 | % | 25 | % | 4 | % | 1.7 | 9/22/2013 | 220 | 0.9 | 70 | % | 26 | % | 4 | % | 6.9 | 5.5 | 3.3 | 6.6 | ||||||||||||||||||||||||||||||||||||||||||||||
Drewett 17 8H-1 |
4,010 | 14.0 | 67 | % | 23 | % | 10 | % | 3.5 | 11/13/2013 | 168 | 2.6 | 61 | % | 28 | % | 11 | % | 22.1 | 18.7 | 7.7 | |||||||||||||||||||||||||||||||||||||||||||||||
Wright 13 12 HC-2 |
6,009 | 18.1 | 69 | % | 23 | % | 8 | % | 3.0 | 12/21/2013 | 130 | 2.4 | 78 | % | 10 | % | 12 | % | 22.7 | 19.3 | 8.0 | |||||||||||||||||||||||||||||||||||||||||||||||
LA Minerals 15 22H-2 |
5,814 | N/A | N/A | N/A | N/A | N/A | 1/21/2014 | 99 | 1.6 | NA | NA | NA | 18.1 | 16.7 | 9.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
TL McCrary 14 11 HC-5 |
5,875 | N/A | N/A | N/A | N/A | N/A | 4/14/2014 | 16 | 0.4 | NA | NA | NA | 7.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Wright 13 24 HC-1 |
6,678 | N/A | N/A | N/A | N/A | N/A | 4/14/2014 | 16 | 0.4 | NA | NA | NA | 8.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Wright 13 24 HC-3 |
6,606 | N/A | N/A | N/A | N/A | N/A | 4/14/2014 | 16 | 0.4 | NA | NA | NA | 7.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Lower Red Zone |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
TL McCrary 14H-1 |
4,544 | 12.8 | 70 | % | 27 | % | 3 | % | 2.8 | 5/1/2012 | 729 | 4.0 | 73 | % | 23 | % | 4 | % | 14.4 | 11.7 | 8.3 | 5.4 | 7.7 | |||||||||||||||||||||||||||||||||||||||||||||
Nobles 13H-2 |
4,060 | 9.2 | 70 | % | 25 | % | 5 | % | 2.3 | 11/17/2012 | 529 | 3.1 | 69 | % | 22 | % | 8 | % | 16.0 | 11.9 | 8.4 | 5.2 | 7.8 | |||||||||||||||||||||||||||||||||||||||||||||
LA Methodist Orphanage 14H-1 |
3,637 | 12.1 | 70 | % | 24 | % | 6 | % | 3.3 | 2/15/2013 | 439 | 3.5 | 70 | % | 22 | % | 8 | % | 13.9 | 13.0 | 9.7 | 6.3 | 9.1 | |||||||||||||||||||||||||||||||||||||||||||||
Dowling 21 16H-1 |
4,590 | 9.4 | 77 | % | 21 | % | 1 | % | 2.0 | 3/18/2013 | 408 | 2.5 | 84 | % | 14 | % | 2 | % | 13.0 | 10.1 | 6.5 | 4.5 | 6.6 | |||||||||||||||||||||||||||||||||||||||||||||
Drewett 17 8H-2 |
3,700 | 3.7 | 69 | % | 24 | % | 7 | % | 1.0 | 11/13/2013 | 168 | 0.8 | 64 | % | 29 | % | 7 | % | 8.7 | 6.2 | 6.8 | |||||||||||||||||||||||||||||||||||||||||||||||
Wright 13 12 HC-1 |
5,409 | 8.2 | 68 | % | 22 | % | 10 | % | 1.5 | 12/21/2013 | 130 | 1.3 | 77 | % | 10 | % | 13 | % | 14.7 | 11.3 | 9.1 | |||||||||||||||||||||||||||||||||||||||||||||||
LA Minerals 15 22H-1 |
5,926 | N/A | N/A | N/A | N/A | N/A | 1/21/2014 | 99 | 1.1 | NA | NA | NA | 13.8 | 11.1 | 8.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Wright 13 24 HC-4 |
6,518 | N/A | N/A | N/A | N/A | N/A | 4/14/2014 | 16 | 0.3 | NA | NA | NA | 10.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Lower Deep Pink Zone |
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LA Methodist Orphanage 14H-2 |
3,550 | 12.2 | 68 | % | 24 | % | 8 | % | 3.4 | 2/15/2013 | 439 | 3.1 | 68 | % | 21 | % | 10 | % | 14.2 | 11.6 | 7.6 | 5.6 | 6.1 | |||||||||||||||||||||||||||||||||||||||||||||
Wright 13 12 HC-3 |
5,706 | 6.3 | 69 | % | 23 | % | 8 | % | 1.1 | 12/21/2013 | 130 | 1.1 | 79 | % | 10 | % | 12 | % | 12.4 | 9.3 | 7.1 | |||||||||||||||||||||||||||||||||||||||||||||||
Wright 13 12 HC-4 |
5,010 | 5.0 | 69 | % | 22 | % | 9 | % | 1.0 | 12/21/2013 | 130 | 1.0 | 78 | % | 10 | % | 12 | % | 11.8 | 8.7 | 6.1 | |||||||||||||||||||||||||||||||||||||||||||||||
Averages |
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All Wells |
4,852 | 11.0 | 72 | % | 23 | % | 5 | % | 2.5 | 301 | 2.3 | 74 | % | 19 | % | 7 | % | 14.9 | 12.2 | 8.4 | 6.1 | 8.0 | ||||||||||||||||||||||||||||||||||||||||||||||
Upper Red |
4,897 | 12.6 | 73 | % | 22 | % | 5 | % | 2.7 | 306 | 2.6 | 75 | % | 20 | % | 6 | % | 16.2 | 13.6 | 8.5 | 6.8 | 8.2 | ||||||||||||||||||||||||||||||||||||||||||||||
Lower Red |
4,798 | 9.2 | 71 | % | 24 | % | 5 | % | 2.2 | 315 | 2.1 | 73 | % | 20 | % | 7 | % | 13.5 | 10.7 | 8.2 | 5.4 | 8.2 | ||||||||||||||||||||||||||||||||||||||||||||||
Lower Deep Pink |
4,755 | 7.8 | 69 | % | 23 | % | 9 | % | 1.8 | 233 | 1.7 | 75 | % | 14 | % | 11 | % | 12.8 | 9.9 | 7.6 | 5.6 | 6.4 |
(1) | The majority of the wells in this table are included within our proved developed producing reserve category in our reserve report as of December 31, 2013. LA Minerals 15 22H-1, LA Minerals 15 22H-2, TL McCrary 14 11 HC-5, Wright 13 24 HC-1, Wright 13 24 HC-3 and Wright 13 24 HC-4 each started producing in 2014 so they have not been included in the year-end reserve report. |
(2) | EUR represents the Estimated Ultimate Recovery or sum of total gross remaining reserves attributable to each location in our reserve report and cumulative sales from such location. EUR is shown on a combined basis for oil/condensates, gas and NGLs, after the effects of processing. |
(3) | Production data is as of April 30, 2014 and shown gross on a combined basis after the effects of processing. |
(4) | Periodic flow rates start on day 4, with days 1 through 3 used to allow clean up associated with well completion. The 30-day flow rates therefore start on day 4 and continue 30 days to day 33 and the 90-day flow rates go from day 4 to day 93. |
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East Texas
We own and operate approximately 54,337 gross (42,894 net) acres as of December 31, 2013 in Texas, where we are currently producing primarily from the Cotton Valley, Travis Peak and Bossier formations and targeting the Cotton Valley formation for future development. From January 1, 2011 through December 31, 2013, we have drilled and completed 28 gross (10.3 net) wells and are operating one rig in East Texas as of December 31, 2013. In 2014, we plan to invest $36 million to drill and complete 8 gross (6 net) wells in East Texas in the Joaquin Field of Panola and Shelby Counties. As of December 31, 2013, we had approximately 108 gross identified horizontal drilling locations in East Texas, including 54 gross (43 net) drilling locations to which we have attributed proved undeveloped reserves as of December 31, 2013. For the three months ended December 31, 2013, our average net daily production from our East Texas properties was 21 MMcfe/d, of which 76% was natural gas. Within our East Texas properties, on a proved reserves basis, we operate approximately 94% of our existing properties.
Rockies & Other
We own approximately 162,375 gross (66,191 net) acres as of December 31, 2013 in our Rockies & Other region and for the three months ended December 31, 2013 our average net daily production from this region was 1 MMcfe/d. In 2014, we plan to operate one rig and invest $12 million to drill 3 gross (3 net) vertical wells in the Tepee Field of the Piceance Basin targeting the Mancos and Williams Fork formations. We also plan to invest $4 million to participate in 12 gross horizontal wells (1.1 net) operated by SandRidge Energy Inc. in the Mississippian oil play of Northern Oklahoma. As of December 31, 2013, we had approximately 174 gross identified vertical drilling locations in the Tepee Field in our Rockies & Other area.
Reserves
Our estimates of proved reserves are prepared by NSAI, and our estimates of probable and possible reserves are prepared by our management and audited by NSAI. As of December 31, 2013, we had 1,126 Bcfe, 800 Bcfe and 1,711 Bcfe of estimated proved, probable and possible reserves, respectively. As of this date, our proved reserves were 71% gas and 29% NGLs and oil. Additionally, the PV-10 of our proved reserves was $1,469 million, the PV-10 for our probable reserves was $1,052 million and the PV-10 for our possible reserves was $2,386 million. The following table provides summary information regarding our estimated proved, probable and possible reserves data by area based on our reserve report and our average net daily production by area for the three months ended December 31, 2013:
Proved Total (Bcfe) |
% Gas | % Developed |
Proved PV-10 (in millions)(1) |
Probable Total (Bcfe)(2) |
Probable PV-10 (in millions)(1) |
Possible Total (Bcfe)(2) |
Possible PV-10 (in millions)(1) |
Average Net Daily Production MMcfe/d |
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Terryville Complex |
945 | 71 | % | 33 | % | $ | 1,341 | 688 | $ | 1,032 | 1,643 | $ | 2,383 | 115 | ||||||||||||||||||||||
East Texas |
175 | 75 | % | 29 | % | 110 | 109 | 18 | 66 | 3 | 21 | |||||||||||||||||||||||||
Rockies & Other |
6 | 49 | % | 100 | % | 18 | 2 | 2 | 2 | 1 | 1 | |||||||||||||||||||||||||
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1,126 | 71 | % | 33 | % | $ | 1,469 | 800 | $ | 1,052 | 1,711 | $ | 2,386 | 137 | ||||||||||||||||||||||
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(1) | In this prospectus, we have disclosed our PV-10 based on our reserve report. PV-10 is a non-GAAP financial measure and represents the period-end present value of estimated future cash inflows from our natural gas and crude oil reserves, less future development and production costs, discounted at 10% per annum to reflect timing of future cash flows and using SEC pricing assumptions in effect at the end of the period. SEC pricing for natural gas and oil of $3.67 per Mcf and $93.42 per Bbl was based on the unweighted average of the first-day-of-the-month prices for each of the twelve months preceding December 2013. PV-10 differs from standardized measure, the most directly comparable GAAP financial measure, because it does not include the effects of income taxes. Moreover, GAAP does not provide a measure of estimated future net cash flows for reserves other than proved reserves. Because PV-10 estimates of probable and possible reserves are more uncertain than PV-10 and standardized estimates of proved reserves, but have not been adjusted for risk due to that uncertainty, they may not be comparable with each other. Nonetheless, we believe that PV-10 estimates for reserve categories other than proved present useful information for investors about the future net cash flows of our reserves in the absence of a comparable GAAP measure such as standardized measure. Because of this, PV-10 can be used within the industry and by creditors and securities analysts to evaluate estimated net cash flows from proved reserves on a more comparable basis. In addition, investors should be |
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cautioned that estimates of PV-10 for probable and possible reserves, as well as the underlying volumetric estimates, are inherently more uncertain of being recovered and realized than comparable measures for proved reserves, and that the uncertainty for possible reserves is even more significant. Our PV-10 estimates of proved reserves and our standardized measure are equivalent because, prior to the completion of this offering, we were not subject to entity level taxation. Accordingly, no provision for federal income taxes has been provided because taxable income has been passed through to our equity holders. However, had we not been a tax exempt entity as of December 31, 2013, our estimated discounted future income tax in respect of our proved, probable and possible reserves would have been approximately $401 million, $368 million and $835 million, respectively. After this offering, we will be treated as a taxable entity for federal income tax purposes and our future income taxes will be dependent upon our future taxable income. Neither PV-10 nor standardized measure represents an estimate of fair market value of our natural gas and oil properties. We and others in the industry use PV-10 as a measure to compare the relative size and value of estimated reserves held by companies without regard to the specific tax characteristics of such entities. |
(2) | Substantially all of our estimated probable and possible reserves are classified as undeveloped. |
Drilling Inventory and Capital Budget
We intend to develop our multi-year drilling inventory by utilizing our significant expertise in horizontal drilling and fracture stimulation to grow our production, reserves and cash flow. For 2014, we have budgeted a total of $316 million to drill and complete 46 gross (39 net) operated wells and to participate in 12 gross (1.1 net) non-operated wells. We expect to fund our 2014 development primarily from cash flows from operations. The majority of our drilling locations and our 2014 development program are focused on the Terryville Complex, where we plan to invest $264 million on drilling and completing 33 gross (28 net) horizontal wells and 2 gross (2 net) vertical wells. Approximately $5.0 million of our Terryville Complex budget is allocated towards the drilling of vertical wells and routine facilities maintenance. In East Texas, we plan to invest $36 million on drilling and completing 8 gross (6 net) horizontal wells. In our Rockies & Other area we plan to invest $12 million on drilling and completing 3 gross (3 net) vertical wells in the Tepee Field and $4 million to participate in 12 gross (1.1 net) horizontal wells operated by SandRidge Energy Inc. in the Mississippian oil play of Northern Oklahoma.
The following table provides information regarding our acreage and drilling locations by area, as of December 31, 2013, except for projected 2014 information:
Gross Horizontal Drilling Locations(1)(2) | Net Horizontal Drilling Inventory (years) |
2014 Projected Operated Net Wells to be Drilled(3) |
2014 Projected Capital Budget ($MM) |
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Net Acreage |
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Terryville Complex |
96,733 | 74 | % | 91 | 147 | 450 | 743 | 1,431 | 994 | 36 | 30 | $ | 264 | |||||||||||||||||||||||||||||||
East Texas |
42,894 | 79 | % | 54 | 39 | 15 | | 108 | 92 | 15 | 6 | 36 | ||||||||||||||||||||||||||||||||
Rockies & Other |
66,191 | 41 | % | | 23 | 20 | | 43 | 4 | | 3 | 16 | ||||||||||||||||||||||||||||||||
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Total |
205,818 | 59 | % | 145 | 209 | 485 | 743 | 1,582 | 1,091 | 32 | 39 | $ | 316 |
(1) | The above table excludes 192 proved vertical drilling locations in the reserve report in the Terryville Complex and 174 identified vertical locations based on management estimates in the Rockies and Other region. |
(2) | Please see BusinessOur OperationsDrilling Locations for more information regarding the process and criteria through which these drilling locations were identified. The drilling locations on which we actually drill will depend on the availability of capital, regulatory approval, commodity prices, costs, actual drilling results and other factors. Please see Risk FactorsRisks Related to Our BusinessOur identified drilling locations, which are scheduled out over many years, are susceptible to uncertainties that could materially alter the occurrence or timing of their drilling. Proved, probable and possible locations are based on our reserve report. Management locations are based on management estimates. |
(3) | Represents net operated wells only. Excludes 12 gross (1.1 net) non-operated wells to be drilled in our Rockies & Other area in 2014. |
Our extensive inventory and horizontal drilling program in the Terryville Complex is currently focused on four zones within the Cotton Valley formationthe Upper Red, Lower Red, Lower Deep Pink and Upper Deep Pink. The table below sets forth our drilling locations by zone as of December 31, 2013 along with the average
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results for the wells we have drilled within each zone. Please see BusinessOur PropertiesCotton ValleyTerryville Complex Horizontal Redevelopment for more detail on our properties in the Terryville Complex.
Gross Horizontal Drilling Locations(1) | Average Historical Results(2) | |||||||||||||||||||||||||||||||||||||||||||||||
Lower Cotton Valley Zone |
Producing Wells Drilled(1) |
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Day Initial Production (MMcfe/d) |
EUR(3) | Drilling and Completion Costs ($MM) |
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Proved | Probable | Possible | Management | Total | (Bcfe) | % Gas | % NGL | % Oil | ||||||||||||||||||||||||||||||||||||||||
Upper Red |
47 | 42 | 40 | 313 | 442 | 16 | 16.2 | 12.6 | 73 | % | 22 | % | 5 | % | $ | 8.2 | ||||||||||||||||||||||||||||||||
Lower Red |
40 | 40 | 36 | 276 | 392 | 8 | 13.5 | 9.2 | 71 | 24 | 5 | 8.2 | ||||||||||||||||||||||||||||||||||||
Lower Deep Pink |
4 | 28 | 47 | 79 | 158 | 3 | 12.8 | 7.8 | 69 | 23 | 9 | 6.4 | ||||||||||||||||||||||||||||||||||||
Upper Deep Pink |
| 37 | 42 | 75 | 154 | | | | | | | | ||||||||||||||||||||||||||||||||||||
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Total Terryville Complex |
91 | 147 | 450 | 743 | 1,431 | 27 | 14.9 | 11.0 | 72 | % | 23 | % | 5 | % | $ | 8.0 |
(1) | Please see BusinessOur OperationsDrilling Locations for more information regarding the process and criteria through which these drilling locations were identified. The drilling locations on which we actually drill will depend on the availability of capital, regulatory approval, commodity prices, costs, actual drilling results and other factors. Please see Risk FactorsRisks Related to Our BusinessOur identified drilling locations, which are scheduled out over many years, are susceptible to uncertainties that could materially alter the occurrence or timing of their drilling. Proved, probable and possible locations are based on our reserve report. Management locations are based on management estimates. |
(2) | Relates to the 21 horizontal wells in the Terryville Complex included in our reserve report as proved developed reserves as of December 31, 2013. Drilling and completion costs and producing wells drilled include six additional wells that have come online since year-end. |
(3) | EUR represents the Estimated Ultimate Recovery or the sum of total gross remaining reserves attributable to each location in our reserve report and cumulative sales from such location. EUR is shown at the wellhead on a combined basis for oil/condensates and wet gas. |
Our Terryville horizontal development program in 2014 has an average working interest of 87% and our total horizontal development inventory has an average working interest of 69%.
For the Terryville Complex, our 2014 budget assumes an average cost of $8.6 million for gross horizontal wells ($7.5 million per net well) and is based on an average lateral length of 6,270 feet. As part of our long-term development plan, the lateral length of our planned wells is expected to increase and we expect wells within the Terryville Complex to cost on average $9.3 million for gross wells ($8.1 million per net well) drilled with a 7,500 foot lateral length.
Business Strategies
Our primary objective is to build shareholder value through growth in reserves, production and cash flows by developing and expanding our significant portfolio of drilling locations. To achieve our objective, we intend to execute the following business strategies:
Grow production, reserves and cash flow through the development of our extensive drilling inventory. We believe our extensive inventory of low-risk drilling locations, combined with our operating expertise, will enable us to continue to deliver production, reserve and cash flow growth and create shareholder value. As of December 31, 2013, we had assembled an aggregate drilling inventory of 1,582 gross identified horizontal drilling locations, 90% of which are in the Terryville Complex, representing a drilling inventory of over 36 years based on our expected 2014 drilling program. We believe that the risk and uncertainty associated with our core acreage positions in the Terryville Complex has been largely reduced through our development activity, and because those positions are in areas with extensive drilling and production history. Since initiating our horizontal drilling program with one rig in 2011, we have invested over $288 million in the Terryville Complex through December 31, 2013. With four rigs running in the Terryville Complex as of December 31, 2013, we are one of the most active drillers in the Cotton Valley formation. We intend to dedicate approximately $264 million of our $316 million drilling and completion budget in 2014 to develop the overpressured liquids-rich Terryville Complex through multi-well pad drilling. We believe multiple vertically stacked producing horizons in the Terryville Complex can be developed using horizontal drilling techniques, thus enhancing the economics of this field.
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Enhance returns through prudent capital allocation and continued improvements in operational and capital efficiencies. We continually monitor and adjust our drilling program with the objective of achieving the highest total returns on our portfolio of drilling opportunities. We believe we will achieve this objective by (i) minimizing the capital costs of drilling and completing horizontal wells through knowledge of the target formations, (ii) maximizing well production and recoveries by optimizing lateral length, the number of frac stages, perforation intervals and the type of fracture stimulation employed, (iii) targeting specific zones within our leasehold position to maximize our hydrocarbon mix based on the existing commodity price environment and (iv) minimizing operating costs through efficient well management.
Exploit additional development opportunities on current acreage. Our existing asset base provides numerous opportunities for our highly experienced technical team to create shareholder value by increasing our inventory beyond our currently identified drilling locations and ultimately by growing our estimated proved reserves. In the Terryville Complex, we are currently targeting multiple stacked horizons. We also believe our East Texas region has a significant inventory of low-risk, liquids-rich horizontal drilling locations. Finally, we continue to evaluate our leasehold positions in the Rocky Mountains and have preliminarily identified over 170 potential vertical locations.
Maintain a disciplined, growth oriented financial strategy. We intend to fund our growth primarily with internally generated cash flows while maintaining ample liquidity and access to the capital markets. Furthermore, we plan to hedge a significant portion of our expected production to reduce our exposure to downside commodity price fluctuations and enable us to protect our cash flows and maintain liquidity to fund our drilling program. Since approximately 76% of our acreage in the Terryville Complex was held by production as of December 31, 2013 and no significant drilling commitments are needed to hold our remaining acreage in the near term, we are able to allocate capital among projects in a manner that optimizes both costs and returns, resulting in a highly efficient drilling program.
Make opportunistic acquisitions that meet our strategic and financial objectives. We will seek to acquire oil and gas properties that we believe complement our existing properties in our core areas of operation. In addition to our focus on the Terryville Complex, we are pursuing other properties that provide opportunities for the addition of reserves and production through a combination of exploitation, development, high-potential exploration and control of operations. We follow a technology driven strategy to establish large, contiguous leasehold positions in the core of prolific basins and opportunistically add to those positions through bolt-on acquisitions over time. We entered into the Terryville Complex through strategic acquisitions and grassroots leasing efforts, amassing a land position of 96,733 net acres, 51,522 net acres of which we believe to be in the core of the play. We will continue to identify and opportunistically acquire additional acreage and producing assets to complement our multi-year drilling inventory.
Competitive Strengths
We believe that the following strengths will allow us to successfully execute our business strategies.
Large, concentrated position in one of North Americas leading plays. We own approximately 60,041 gross (51,522 net) acres in what we believe to be the core of the Terryville Complex in Lincoln Parish, which we believe to be one of North Americas most prolific liquids-rich natural gas fields, characterized by consistent and predictable geology and multiple stacked pay formations confirmed by extensive vertical well control. Through December 31, 2013, our drilling program in the Terryville Complex has produced some of the top performing gas wells in the United States in the previous two years, with single horizontal well results having achieved average 30-day initial production rates of 14.9 MMcfe/d, EURs averaging 11.0 Bcfe and average drilling and completion costs of $8.0 million per well. Approximately 76% of our acreage in the Terryville Complex was held by production at December 31, 2013 and there are no significant lease expirations until 2017. Additionally, all of our acreage in this play can be held by running a one rig program over the next 18 months.
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De-risked acreage position with multi-year inventory of liquids-rich drilling opportunities. As of December 31, 2013, we had a drilling inventory consisting of 1,582 gross identified horizontal drilling locations, of which approximately 145 are gross proved undeveloped locations. Based on our expected 2014 drilling program and net identified drilling locations, we have over 32 years of liquids-rich drilling inventory. The majority of our drilling activity has been and will continue to be focused in the Terryville Complex, where we produce liquids-rich natural gas from the overpressured Cotton Valley formation. We have used subsurface data from our vertical wells coupled with 3-D seismic data to identify and prioritize our inventory based on returns. This liquids-rich gas formation allows for NGL processing that, when coupled with the condensate produced, results in strong well economics. For the three months ended December 31, 2013, 45% of our pro forma MRD Segment revenues were attributable to natural gas, 28% to NGLs and 27% to oil.
Significant operational control with low cost operations. On a proved reserves basis, we operate 99% of our properties and have operational control of all of our drilling inventory in the Terryville Complex. We believe maintaining operational control will enable us to enhance returns by implementing more efficient and cost-effective operating practices, through the selection of economic drilling locations, opportunistic timing of development, continuous improvement of drilling, completion and stimulation techniques and development on multi-well pads. As a result of the contiguous nature of our leasehold in the Terryville Complex and its geologic continuity, we are able to drill consistently long laterals, averaging over 4,800 lateral feet, which helps us to reduce costs on a per-lateral foot basis and increase our returns. We expect the average lateral length of the 35 gross wells that we expect to drill in the Terryville Complex in 2014 to be 6,400 feet per well. Operating in mature basins in North Louisiana and East Texas allows us to take advantage of the available and extensive midstream infrastructure and accelerate our development plan without encountering significant constraints in either takeaway or processing capacity. Our operational control allows us to focus on operating efficiency, which has resulted in our MRD Segment lease operating costs declining 31% from $0.77 per Mcfe for the year ended December 31, 2012 to $0.53 per Mcfe for the year ended December 31, 2013.
Proven and incentivized executive and technical team. We believe our management and technical teams are one of our principal competitive strengths due to our teams significant industry experience and long history of working together in the identification, execution and integration of acquisitions, cost efficient management of profitable, large scale drilling programs and a focus on rates of return. Additionally, our technical team has substantial expertise in advanced drilling and completion technologies and decades of expertise in operating in the North Louisiana and East Texas regions. The members of our management team collectively have an average of 22 years of experience in the oil and natural gas industry. John A. Weinzierl, our Chief Executive Officer, has 24 years of oil and natural gas industry experience as a petroleum engineer, a strong commercial and technical background and extensive experience acquiring and managing oil and natural gas properties. Our management team has a significant economic interest in us directly and through its equity interests in our controlling stockholder, MRD Holdings. We believe our management team is motivated to deliver high returns, create shareholder value and maintain safe and reliable operations.
Our relationship with MEMP. We own a 0.1% general partner interest in MEMP through our ownership of its general partner as well as 50% of MEMPs incentive distribution rights. MEMPs objective as a master limited partnership is to generate stable cash flows, allowing it to make quarterly distributions to its limited partners and, over time, to increase those quarterly distributions. As a result of its familiarity with our management team and our asset base and our track record of prior drop-down transactions, we believe that MEMP is a natural purchaser of properties from us that meet its acquisition criteria. We believe this mutually beneficial relationship enhances MEMPs ability to generate consistent returns on its oil and natural gas properties, provides us with a growing source of cash flow from our partnership interests in MEMP and allows us to monetize producing non-core properties. Since MEMPs initial public offering, we have consummated drop-down transactions with MEMP totaling approximately $376 million. In addition, we may have the opportunity to work jointly with MEMP to pursue certain acquisitions of oil and natural gas properties that may not otherwise be attractive acquisition candidates for either of us individually. While we believe that MEMP
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would be a preferred acquirer of our mature, non-core assets, we are under no obligation to offer to sell, and it is under no obligation to offer to buy, any of our properties.
Financial strength and flexibility. During 2013, we generated $159 million of pro forma MRD Segment Adjusted EBITDA and made pro forma total capital expenditures of $203 million, including $70 million on wells coming online in 2014. We intend to continue to fund our organic growth predominantly with internally generated cash flows while maintaining ample liquidity for opportunistic acquisitions. We will continue to maintain a disciplined approach to spending whereby we allocate capital in order to optimize returns and create shareholder value. We seek to protect these future cash flows and liquidity levels by maintaining a three-to-five year rolling hedge program. Pro forma as of December 31, 2013 for this offering and the restructuring transactions (including the redemption of the PIK notes for approximately $363 million 30 days after the closing of this offering), we expect our total liquidity, consisting of cash on hand and available borrowing capacity under our new revolving credit facility, to be in excess of $ million.
Acquisition History
We built out our leasehold positions in North Louisiana, East Texas and the Rocky Mountains primarily through the following acquisition activities:
| In November 2007, we acquired interests in the Joaquin Field, which is the core of our East Texas acreage; |
| In December 2007, we acquired interests in the Tepee Field in the Piceance Basin in Colorado; |
| In April and May 2010, we acquired interests in the Terryville Complex and other North Louisiana fields, which are the core of our North Louisiana acreage; |
| In November 2010, we acquired interests in the Spider and E. Logansport Fields in North Louisiana; |
| In May 2012, we acquired interests in the Terryville Complex and Double A Field in North Louisiana and East Texas; |
| In April 2013, we acquired interests in the West Simsboro and Simsboro Fields of the Terryville Complex in North Louisiana; |
| In November 2013, we acquired the remaining equity interests in Classic Hydrocarbons Holdings, L.P., Classic Hydrocarbons GP Co., L.L.C. and Black Diamond Minerals, LLC, which hold oil and natural gas properties in East Texas, North Louisiana and the Rocky Mountains; and |
| In February 2014, we repurchased net profits interests in the Terryville Complex from an affiliate of NGP for $63.4 million after customary adjustments. These net profits interests were originally sold to the NGP affiliate upon the completion of certain acquisitions in 2010 by WildHorse Resources. |
2013 and 2014 Capital Budget
During 2013, we invested approximately $190 million of capital to drill 31 gross (21.3 net) wells. A substantial portion of our development program is focused on horizontal drilling of liquids rich wells in the Terryville Complex, where we spent approximately $163 million in capital expenditures to drill 15 gross (12.1 net) horizontal wells during 2013.
In 2014, we have budgeted a total of $316 million to drill and complete 46 gross (39 net) operated wells and to participate in 12 gross (1.1 net) non-operated wells. We expect to fund our 2014 development primarily from cash flows from operations. The majority of our drilling locations and our 2014 development program are focused on the Terryville Complex, where we plan to invest $264 million on drilling and completing 33 gross (28 net) horizontal wells and 2 gross (2.0 net) vertical wells. We plan to run four to five rigs during 2014
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targeting primarily our four primary zones within the Cotton Valleythe Upper Red, Lower Red, Lower Deep Pink and Upper Deep Pink. Total vertical depth of these zones ranges from 8,200 to 11,200 feet.
In our East Texas properties in the Joaquin Field, we plan to spend development capital of $36 million running one rig to drill 8 gross (6 net) horizontal wells targeting the Cotton Valley formation at vertical depths of 6,000 to 10,000 feet.
In our Rockies & Other area, we plan to spend $12 million of development capital, primarily in the Tepee Field in the Piceance Basin in Colorado focused on completing 3 wells drilled in fourth quarter of 2013 and running 1 rig to drill an additional 3 operated wells. We also plan to spend an additional $4 million to participate in 12 horizontal wells operated by SandRidge Energy in the Mississippian oil play of Northern Oklahoma.
Our Equity Owners
Our principal stockholder is MRD Holdings, which is controlled by the Funds, which are three of the private equity funds managed by NGP. Upon completion of this initial public offering, MRD Holdings, the selling stockholder in this offering, will own approximately % of our common stock (or approximately % if the underwriters option to purchase additional shares from MRD Holdings is exercised in full). The Funds also collectively indirectly own 50% of MEMPs incentive distribution rights. We are also a party to certain other agreements with MRD Holdings, MRD LLC, the Funds and certain of their affiliates. For a description of these agreements, please read Certain Relationships and Related Party Transactions.
Additionally, upon the closing of this initial public offering, certain former management members of WildHorse Resources will own approximately % of our common stock. Upon completion of this offering, we will enter into a services agreement with WildHorse Resources Management Company, LLC, which will be a subsidiary of WildHorse Resources II, LLC. NGP and certain former management members of WildHorse Resources own WildHorse Resources II, LLC. For a description of this services agreement, please read Certain Relationships and Related Party Transactions.
Founded in 1988, NGP is a family of private equity investment funds, with cumulative committed capital of approximately $10.5 billion since inception, organized to make investments in the natural resources sector. NGP is part of the investment platform of NGP Energy Capital Management, a premier investment franchise in the natural resources industry, which together with its affiliates has managed approximately $13 billion in cumulative committed capital since inception.
Relationship with Memorial Production Partners LP
Through our ownership of its general partner, we control MEMP, a publicly traded limited partnership. In addition to the general partner interest, we also own 50% of MEMPs incentive distribution rights.
MEMP is engaged in the acquisition, exploitation, development and production of oil and natural gas properties in the United States, with assets consisting primarily of producing oil and natural gas properties that are located in East Texas/North Louisiana, the Permian Basin, offshore Southern California, the Rockies, the Eagle Ford and South Texas. Most of MEMPs properties are located in large, mature oil and natural gas reservoirs with well-known geologic characteristics and long-lived, predictable production profiles and modest capital requirements. As of December 31, 2013:
| MEMPs total estimated proved reserves were approximately 1,015 Bcfe, of which approximately 60% were natural gas and 61% were classified as proved developed reserves; and |
| MEMP produced from 2,866 gross (1,663 net) producing wells across its properties, with an average working interest of 58%. |
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In accordance with MEMPs limited partnership agreement, incentive distribution rights represent the right to receive an increasing percentage of quarterly distributions of MEMPs available cash from operating surplus after the minimum quarterly distribution and the target distribution levels have been achieved. The minimum quarterly distribution is $0.4750 ($1.90 on an annualized basis) per unit. MEMP GP owns 50% of the incentive distribution rights, which are freely transferable under the MEMP limited partnership agreement. After the closing of this offering, we will own 100% of the voting and economic interests in MEMP GP, and MEMP GP will own 50% of the MEMP incentive distribution rights. The incentive distribution rights are payable as follows:
If for any quarter:
| MEMP has distributed available cash from operating surplus to the common and subordinated unitholders in an amount equal to the minimum quarterly distribution; and |
| MEMP has distributed available cash from operating surplus on outstanding common units in an amount necessary to eliminate any cumulative arrearages in payment of the minimum quarterly distribution; |
then, MEMP will distribute any additional available cash from operating surplus for that quarter among the unitholders and the general partner in the following manner:
| first, 99.9% to all unitholders, pro rata, and 0.1% to the holders of the incentive distribution rights (50% of which are owned by MEMP GP), until each unitholder receives a total of $0.54625 per unit for that quarter; |
| second, 85.0% to all unitholders, pro rata, and 15.0% to the holders of the incentive distribution rights (50% of which are owned by MEMP GP), until each unitholder receives a total of $0.59375 per unit for that quarter; |
| thereafter, 75.0% to all unitholders, pro rata, and 25.0% to the holders of the incentive distribution rights (50% of which are owned by MEMP GP). |
Since December 2011, MEMP has increased its quarterly cash distribution from $0.4750 ($1.90 on an annualized basis) per unit to $0.5500 ($2.20 on an annualized basis) per unit, which is its most recently announced distribution.
MRD LLC currently provides and, following the closing of this offering, we will provide management, administrative, and operations personnel to MEMP under an omnibus agreement. Pursuant to that omnibus agreement, MEMP will be required to reimburse us for all expenses incurred by us (or payments made on MEMPs behalf) in conjunction with our provision of general and administrative services to MEMP, including its public company expenses and an allocated portion of the salary and benefits of the executive officers of MEMPs general partner and our other employees who perform services for MEMP or on MEMPs behalf. Please read Certain Relationships and Related Party TransactionsOmnibus Agreement for more information about the omnibus agreement.
We view our relationship with MEMP as a part of our strategic alternatives, and we believe that MEMP will be incentivized to acquire additional suitable assets from us and to pursue acquisitions jointly with us in the future. However, MEMP will regularly evaluate acquisitions and may elect to acquire properties in the future without offering us the opportunity to participate in those transactions. Moreover, after this offering, MEMP will continue to be free to act in a manner that is beneficial to its interests without regard to ours, which may include electing not to acquire additional assets from us. Although we believe MEMP will desire to acquire properties from us for purchase, MEMP will not have any obligation to acquire properties from us. If MEMP chooses not to acquire properties from us, then our ability to monetize our proved developed properties may be impaired, which could adversely affect our cash flow and net income.
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Our Operations
Preparation of Reserve Estimates
Oil and natural gas reserve engineering is inherently a subjective process of estimating underground accumulations of oil and natural gas that cannot be measured exactly. The accuracy of any reserve estimate is a function of the quality of available data and engineering and geological interpretation and judgment. Accordingly, reserve estimates may vary from the quantities of oil and natural gas that are ultimately recovered. For a discussion of risks associated with reserve estimates, please read Risk FactorsRisks Related to Our BusinessReserve estimates depend on many assumptions that may turn out to be inaccurate. Any material inaccuracies in our reserve estimates or underlying assumptions will materially affect the quantities and present value of our reserves.
Evaluation and Review of Estimated Reserves. Our historical proved reserve estimates and MEMPs historical proved reserve estimates were prepared by NSAI, our independent petroleum engineers. The technical persons responsible for preparing our proved reserve estimates meet the requirements with regard to qualifications, independence, objectivity and confidentiality set forth in the Standards Pertaining to the Estimating and Auditing of Oil and Gas Reserves Information promulgated by the Society of Petroleum Engineers. NSAI does not own an interest in any of our properties, nor is it employed by us on a contingent basis. A copy of NSAIs summary reserve report regarding our proved reserves as of December 31, 2013 is included as Appendix B-1 to this prospectus. A copy of NSAIs audit letter regarding the management report of our probable and possible reserves as of December 31, 2013 is included as Appendix B-2 to this prospectus. A copy of NSAIs summary reserve report regarding the MEMP proved reserves as of December 31, 2013 (the MEMP Reserve Report) is included as Exhibit 99.3 to the registration statement of which this prospectus forms a part.
Our historical probable and possible reserve estimates were prepared by us and audited by NSAI. We maintain an internal staff of petroleum engineers and geoscience professionals who work closely with our independent reserve engineers to ensure the integrity, accuracy and timeliness of the data used to calculate our estimated reserves and MEMPs proved reserves. Our technical team meets regularly with NSAI reserve engineers to review properties and discuss the assumptions and methods used in the reserve estimation process. We provide historical information to NSAI for our properties and MEMPs properties, such as ownership interest, oil and natural gas production, well test data, commodity prices and operating and development costs.
Internal Engineers. John D. Williams is our technical person at MRD LLC primarily responsible for liaison with and oversight of our and MEMPs third-party reserve engineers, NSAI, which prepared the reserve report for our properties and MEMPs properties, as of December 31, 2013. Mr. Williams has been practicing petroleum engineering at MRD LLC since March 2012. Mr. Williams is a Registered Professional Engineer in the State of Texas with over 17 years experience in the estimation and evaluation of reserves. From April 2005 to March 2012, he held various positions at Southwestern Energy Company, most recently as Reservoir Engineering Manager. From August 1998 to April 2005, he served in various capacities at Ryder Scott Company, which culminated in his serving as Vice President. Mr. Williams is a graduate of the University of Texas at Austin with a Bachelor of Science Degree in Petroleum Engineering and with a Master of Science Degree in Petroleum Engineering.
NSAI is an independent oil and natural gas consulting firm. No director, officer, or key employee of NSAI has any financial ownership in us, MRD LLC, the Funds, or any of their respective affiliates. NSAIs compensation for the required investigations and preparation of its report is not contingent upon the results obtained and reported. NSAI has not performed other work for us, MRD LLC, the Funds, or any of their respective affiliates that would affect its objectivity. The estimates of proved reserves at December 31, 2013 presented in the NSAI reports were overseen by Mr. Justin S. Hamilton; Mr. David E. Nice; Mr. Richard B. Talley, Jr.; Mr. Philip S. (Scott) Frost; Mr. Joseph J. Spellman; Mr. Eric J. Stevens; Mr. Craig H. Adams; Mr. Nathan C. Shahan; Mr. J. Carter Henson, Jr., Mr. Allen E. Evans, Jr. and Mr. William J. Knights.
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Justin Hamilton has been practicing consulting petroleum engineering at NSAI since 2004. Mr. Hamilton is a Licensed Professional Engineer in the State of Texas (License No. 104999) and has over 13 years of practical experience in petroleum engineering, with over 13 years of experience in the estimation and evaluation of reserves. He graduated from Brigham Young University in 2000 with a B.S. in mechanical engineering and from the University of Texas in 2007 with an M.B.A.
David Nice has been practicing consulting petroleum geology at NSAI since 1998. Mr. Nice is a Licensed Professional Geoscientist in the State of Texas (License No. 346) and has over 28 years of practical experience in petroleum geosciences, with over 15 years of experience in the estimation and evaluation of reserves. He graduated from University of Wyoming in 1982 with a B.S. in geology and in 1985 with an M.S. in geology.
Richard Talley has been practicing consulting petroleum engineering at NSAI since 2004. Mr. Talley is a Licensed Professional Engineer in the State of Texas (License No. 102425) and in the State of Louisiana (License No. 36998) and has over 15 years of practical experience in petroleum engineering, with over 9 years of experience in the estimation and evaluation of reserves. He graduated from University of Oklahoma in 1998 with a B.S. in mechanical engineering and from Tulane University in 2001 with an M.B.A.
Scott Frost has been practicing consulting petroleum engineering at NSAI since 1984. Mr. Frost is a Licensed Professional Engineer in the State of Texas (License No. 88738) and has over 30 years of practical experience in petroleum engineering, with over 30 years of experience in the estimation and evaluation of reserves. He graduated from Vanderbilt University in 1979 with a B.E. in mechanical engineering and from Tulane University in 1984 with an M.B.A.
Joseph Spellman has been practicing consulting petroleum engineering at NSAI since 1989. Mr. Spellman is a Licensed Professional Engineer in the State of Texas (License No. 73709) and has over 30 years of practical experience in petroleum engineering, with over 30 years of experience in the estimation and evaluation of reserves. He graduated from University of Wisconsin-Platteville in 1980 with a B.S. in civil engineering.
Eric Stevens has been practicing consulting petroleum engineering at NSAI since 2007. Mr. Stevens is a Licensed Professional Engineer in the State of Texas (License No. 102415) and has over 11 years of practical experience in petroleum engineering, with over 11 years of experience in the estimation and evaluation of reserves. He graduated from Brigham Young University in 2002 with a B.S. in mechanical engineering.
Craig Adams has been practicing consulting petroleum engineering at NSAI since 1997. Mr. Adams is a Licensed Professional Engineer in the State of Texas (License No. 68137) and has over 29 years of practical experience in petroleum engineering, with over 17 years of experience in the estimation and evaluation of reserves. He graduated from Texas Tech University in 1985 with a B.S. in petroleum engineering.
Nathan Shahan has been practicing consulting petroleum engineering at NSAI since 2007. Mr. Shahan is a Licensed Professional Engineer in the State of Texas (License No. 102389) and has over 12 years of practical experience in petroleum engineering, with over 7 years of experience in the estimation and evaluation of reserves. He graduated from Texas A&M University in 2002 with a B.S. in petroleum engineering and in 2007 with a M.E. in petroleum engineering.
Allen Evans has been practicing consulting petroleum geology at NSAI since 1996. Mr. Evans is a Licensed Professional Geoscientist in the State of Texas (License No. 1286) and has over 30 years of practical experience in petroleum geosciences, with over 30 years of experience in the estimation and evaluation of reserves. He graduated from Old Dominion University in 1981 with a B.S. in geology and in 1987 with a M.S. in geology.
Carter Henson has been practicing consulting petroleum engineering at NSAI since 1989. Mr. Henson is a Licensed Professional Engineer in the State of Texas (License No. 73964) and has over 30 years of practical experience in petroleum engineering, with over 25 years of experience in the estimation and evaluation of reserves. He graduated from Rice University in 1981 with a B.S. in mechanical engineering.
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William Knights has been practicing consulting petroleum geology at NSAI since 1991. William is a Licensed Professional Geoscientist in the State of Texas (License No. 1532) and has over 30 years of practical experience in petroleum geosciences, with over 30 years of experience in the estimation and evaluation of reserves. He graduated from Texas Christian University in 1981 with a B.S. in geology and in 1984 with a M.S. in geology.
All eleven technical principals meet or exceed the education, training, and experience requirements set forth in the Standards Pertaining to the Estimating and Auditing of Oil and Gas Reserves Information promulgated by the Society of Petroleum Engineers; all eleven are proficient in applying industry standard practices to engineering and geoscience evaluations as well as applying SEC and other industry reserves definitions and guidelines.
Estimation of Proved Reserves. Under SEC rules, proved reserves are those quantities of oil and natural gas, which, by analysis of geoscience and engineering data, can be estimated with reasonable certainty to be economically produciblefrom a given date forward, from known reservoirs and under existing economic conditions, operating methods and government regulationsprior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. If deterministic methods are used, the SEC has defined reasonable certainty for proved reserves as a high degree of confidence that the quantities will be recovered. All of our proved reserves and MEMPs proved reserves as of December 31, 2013 were estimated using a deterministic method. The estimation of reserves involves two distinct determinations. The first determination results in the estimation of the quantities of recoverable oil and natural gas and the second determination results in the estimation of the uncertainty associated with those estimated quantities in accordance with the definitions established under SEC rules. The process of estimating the quantities of recoverable oil and natural gas reserves relies on the use of certain generally accepted analytical procedures. These analytical procedures fall into four broad categories or methods: (1) production performance-based methods; (2) material balance-based methods; (3) volumetric-based methods; and (4) analogy. These methods may be used singularly or in combination by the reserve evaluator in the process of estimating the quantities of reserves. Reserves for proved developed producing wells were estimated using production performance methods for the vast majority of properties. Certain new producing properties with very little production history were forecast using a combination of production performance and analogy to similar production, both of which are considered to provide a relatively high degree of accuracy. Non-producing reserve estimates, for developed and undeveloped properties, were forecast using either volumetric or analogy methods, or a combination of both. These methods provide a relatively high degree of accuracy for predicting proved developed non-producing and proved undeveloped reserves for our properties, due to the mature nature of the properties targeted for development and an abundance of subsurface control data.
To estimate economically recoverable proved reserves and related future net cash flows, NSAI considered many factors and assumptions, including the use of reservoir parameters derived from geological, geophysical and engineering data which cannot be measured directly, economic criteria based on current costs and the SEC pricing requirements and forecasts of future production rates.
Under SEC rules, reasonable certainty can be established using techniques that have been proven effective by actual production from projects in the same reservoir or an analogous reservoir or by other evidence using reliable technology that establishes reasonable certainty. Reliable technology is a grouping of one or more technologies (including computational methods) that has been field tested and has been demonstrated to provide reasonably certain results with consistency and repeatability in the formation being evaluated or in an analogous formation. To establish reasonable certainty with respect to our estimated proved reserves, the technologies and economic data used in the estimation of our proved reserves have been demonstrated to yield results with consistency and repeatability, and include production and well test data, downhole completion information, geologic data, electrical logs, radioactivity logs, core analyses, available seismic data and historical well cost and operating expense data.
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Estimation of Probable and Possible Reserves. Estimates of probable reserves are inherently imprecise. When producing an estimate of the amount of oil and natural gas that is recoverable from a particular reservoir, an estimated quantity of probable reserves is an estimate of those additional reserves that are less certain to be recovered than proved reserves but which, together with proved reserves, are as likely as not to be recovered. Estimates of probable reserves are also continually subject to revisions based on production history, results of additional exploration and development, price changes and other factors.
When deterministic methods are used, it is as likely as not that actual remaining quantities recovered will exceed the sum of estimated proved plus probable reserves. When probabilistic methods are used, there should be at least a 50% probability that the actual quantities recovered will equal or exceed the proved plus probable reserves estimates. Probable reserves may be assigned to areas of a reservoir adjacent to proved reserves where data control or interpretations of available data are less certain, even if the interpreted reservoir continuity of structure or productivity does not meet the reasonable certainty criterion. Probable reserves may be assigned to areas that are structurally higher than the proved area if these areas are in communication with the proved reservoir. Probable reserves estimates also include potential incremental quantities associated with a greater percentage recovery of the hydrocarbons in place than assumed for proved reserves.
Estimates of possible reserves are also inherently imprecise. When producing an estimate of the amount of oil and natural gas that is recoverable from a particular reservoir, an estimated quantity of possible reserves is an estimate that might be achieved, but only under more favorable circumstances than are likely. Estimates of possible reserves are also continually subject to revisions based on production history, results of additional exploration and development, price changes and other factors.
When deterministic methods are used, the total quantities ultimately recovered from a project have a low probability of exceeding proved plus probable plus possible reserves. When probabilistic methods are used, there should be at least a 10% probability that the total quantities ultimately recovered will equal or exceed the proved plus probable plus possible reserves estimates. Possible reserves may be assigned to areas of a reservoir adjacent to probable reserve where data control and interpretations of available data are progressively less certain. Frequently, this will be in areas where geoscience and engineering data are unable to define clearly the area and vertical limits of commercial production from the reservoir. Possible reserves also include incremental quantities associated with a greater percentage of recovery of the hydrocarbons in place than the recovery quantities assumed for probable reserves.
Possible reserves may be assigned where geoscience and engineering data identify directly adjacent portions of a reservoir within the same accumulation that may be separated from proved areas by faults with displacement less than formation thickness or other geological discontinuities and that have not been penetrated by a wellbore, and the registrant believes that such adjacent portions are in communication with the known (proved) reservoir. Possible reserves may be assigned to areas that are structurally higher or lower than the proved area if these areas are in communication with the proved reservoir.
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Estimated Reserves
The table below identifies our reserves per our reserve report for our three areas:
Oil (MBbl) | Natural Gas (MMcf) |
NGLs (MBbl) |
Total (MMcfe) |
|||||||||||||
Proved Developed |
||||||||||||||||
Terryville Complex |
2,933 | 220,588 | 12,050 | 310,484 | ||||||||||||
East Texas |
165 | 40,435 | 1,678 | 51,492 | ||||||||||||
Rockies & Other |
306 | 2,774 | 176 | 5,665 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Proved Developed |
3,403 | 263,797 | 13,905 | 367,641 | ||||||||||||
Proved Undeveloped |
||||||||||||||||
Terryville Complex |
7,585 | 448,123 | 23,402 | 634,049 | ||||||||||||
East Texas |
323 | 90,334 | 5,270 | 123,887 | ||||||||||||
Rockies & Other |
| | | | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Proved Undeveloped |
7,908 | 538,457 | 28,672 | 757,936 | ||||||||||||
Total Proved |
||||||||||||||||
Terryville Complex |
10,518 | 668,711 | 35,452 | 944,533 | ||||||||||||
East Texas |
487 | 130,769 | 6,948 | 175,379 | ||||||||||||
Rockies & Other |
306 | 2,774 | 176 | 5,665 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Proved Reserves |
11,311 | 802,254 | 42,577 | 1,125,577 | ||||||||||||
Probable(1) |
||||||||||||||||
Terryville Complex |
10,041 | 453,902 | 29,056 | 688,486 | ||||||||||||
East Texas |
285 | 79,765 | 4,653 | 109,392 | ||||||||||||
Rockies & Other |
153 | 1,519 | | 2,439 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Probable Reserves |
10,480 | 535,185 | 33,709 | 800,317 | ||||||||||||
Possible(1) |
||||||||||||||||
Terryville Complex |
36,098 | 1,031,112 | 65,869 | 1,642,911 | ||||||||||||
East Texas |
172 | 48,299 | 2,817 | 66,239 | ||||||||||||
Rockies & Other |
106 | 1,128 | | 1,762 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Possible Reserves |
36,376 | 1,080,539 | 68,686 | 1,710,913 |
(1) | Substantially all of our estimated probable and possible reserves are classified as undeveloped. |
Proved Undeveloped Reserves
As of December 31, 2013, we had 758 Bcfe of proved undeveloped reserves, comprised of 8 MMBbls of oil, 538 Bcf of natural gas and 29 MMBbls of NGLs. None of our PUDs as of December 31, 2013 are scheduled to be developed on a date more than five years from the date the reserves were initially booked as PUDs. PUDs will be converted from undeveloped to developed as the applicable wells begin production.
Changes in PUDs that occurred during 2013 were due to:
| Reclassifications of 20.2 Bcfe into proved developed reserves for implementation of drilling projects; and |
| Reduction of 5.2 Bcfe after giving effect to 66.9 Bcfe of additions from the Terryville Complex due to proving up additional drilling locations. |
During the year ended December 31, 2013, we spent $69.0 million to convert PUDs to proved developed reserves. As of December 31, 2013 per the reserve report, future development costs relating to the development of PUDs for the years 2014, 2015, 2016, 2017 and 2018 are estimated at approximately $248 million, $358 million,
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$282 million, $264 million and $160 million, respectively, to capture the balance of drilling the PUD reserves within a five-year timeframe. Approximately 84%, or $1.1 billion, of the future development costs over the next five years are related to development of PUD reserves in the Terryville Complex. As we continue to develop our properties and have more well production and completion data, we believe we will continue to realize cost savings and experience lower relative drilling and completion costs as we convert PUDs into proved developed reserves in the upcoming years. All of our PUD locations are scheduled to be drilled prior to the end of December 31, 2018. Based on our current expectations of its cash flows, we believe that we can fund the drilling of our current PUD inventory and our expansions in the next five years from our cash flow from operations.
Production, Revenues and Price History
The following table sets forth information regarding our production, revenues and realized prices and production costs for the years ended December 31, 2013 and 2012.
Year Ended December 31, 2013 | ||||||||||||||||
Terryville | East Texas |
Rockies & Other |
Total | |||||||||||||
Production Volumes: |
||||||||||||||||
Oil (MBbls) |
475 | 165 | 25 | 665 | ||||||||||||
NGLs (MBbls) |
1,243 | 177 | 37 | 1,457 | ||||||||||||
Natural gas (MMcf) |
27,398 | 6,249 | 445 | 34,092 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total (MMcfe) |
37,705 | 8,297 | 817 | 46,819 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Average net production (MMcfe/d) |
103.3 | 22.8 | 2.2 | 128.3 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Average sales price (excluding commodity derivatives): |
||||||||||||||||
Oil (per Bbl) |
$ | 100.57 | $ | 102.06 | $ | 95.78 | $ | 100.76 | ||||||||
NGL(per Bbl) |
$ | 37.69 | $ | 31.33 | $ | 40.68 | $ | 36.99 | ||||||||
Natural gas (per Mcf) |
$ | 3.10 | $ | 3.79 | $ | 2.91 | $ | 3.22 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Total (Mcfe) |
$ | 4.76 | $ | 5.54 | $ | 6.39 | $ | 4.93 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Average unit costs per Mcfe: |
||||||||||||||||
Lease operating expense |
$ | 0.33 | $ | 1.24 | $ | 1.91 | $ | 0.53 |
Year Ended December 31, 2012 | ||||||||||||||||
Terryville | East Texas |
Rockies & Other |
Total | |||||||||||||
Production Volumes: |
||||||||||||||||
Oil (MBbls) |
273 | 67 | 29 | 369 | ||||||||||||
NGLs (MBbls) |
702 | 85 | 111 | 898 | ||||||||||||
Natural gas (MMcf) |
14,028 | 8,917 | 1,185 | 24,130 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total (MMcfe) |
19,874 | 9,832 | 2,025 | 31,731 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Average net production (MMcfe/d) |
54.3 | 26.9 | 5.5 | 86.7 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Average sales price (excluding commodity derivatives): |
||||||||||||||||
Oil (per Bbl) |
$ | 95.78 | $ | 97.98 | $ | 88.05 | $ | 95.56 | ||||||||
NGL(per Bbl) |
$ | 40.52 | $ | 39.08 | $ | 43.71 | $ | 40.78 | ||||||||
Natural gas (per Mcf) |
$ | 2.53 | $ | 3.13 | $ | 2.32 | $ | 2.74 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Total (Mcfe) |
$ | 4.53 | $ | 3.84 | $ | 5.02 | $ | 4.35 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Average unit costs per Mcfe: |
||||||||||||||||
Lease operating expense |
$ | 0.61 | $ | 0.99 | $ | 1.24 | $ | 0.77 |
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Productive Wells
The following table sets forth certain information regarding productive wells in each of our areas at December 31, 2013.
Area |
Gross | Net | Operated | |||||||||
Terryville Complex |
626 | 396 | 499 | |||||||||
East Texas |
123 | 92 | 95 | |||||||||
Rockies & Other(1) |
146 | 20 | 1 | |||||||||
|
|
|
|
|
|
|||||||
Total |
895 | 508 | 595 |
(1) | Includes the Mississippian oil play of Northern Oklahoma. |
Acreage
The following table sets forth certain information regarding the developed and undeveloped acreage in which we own an interest as of December 31, 2013.
Developed Acres | Undeveloped Acres |
Total Acreage | ||||||||||||||||||||||||||||||||||
Gross | Net | Gross | Net | Gross | Net | HBP | WI | |||||||||||||||||||||||||||||
Terryville Complex |
106,374 | 73,875 | 24,372 | 22,858 | 130,746 | 96,733 | 76 | % | 74 | % | ||||||||||||||||||||||||||
East Texas |
37,109 | 30,335 | 17,228 | 12,559 | 54,337 | 42,894 | 71 | % | 79 | % | ||||||||||||||||||||||||||
Rockies & Other(1) |
5,659 | 3,147 | 156,716 | 63,044 | 162,375 | 66,191 | 5 | % | 41 | % | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Total |
149,142 | 107,357 | 198,316 | 98,461 | 347,458 | 205,818 | 52 | % | 59 | % | ||||||||||||||||||||||||||
Terryville Complex Core(2) |
35,749 | 28,743 | 24,292 | 22,778 | 60,041 | 51,552 | 56 | % | 86 | % |
(1) | Includes the Mississippian oil play of Northern Oklahoma. |
(2) | The substantial majority of what we believe to be the Terryville Complex Core is located in Lincoln Parish, Louisiana and is where we will focus the majority of our future development. |
Undeveloped Acreage Expirations
The following table sets forth the gross and net undeveloped acreage in our core operating areas as of December 31, 2013 that will expire over the next three years unless production is established within the spacing units covering the acreage or the lease is renewed or extended under continuous drilling provisions prior to the primary term expiration dates. There are no reserves attributable to our expiring acreage.
2014 | 2015 | 2016 | ||||||||||||||||||||||
Area |
Gross | Net | Gross | Net | Gross | Net | ||||||||||||||||||
Terryville Complex |
2,407 | 2,180 | 2,487 | 2,390 | 3,633 | 3,420 | ||||||||||||||||||
East Texas |
5,212 | 2,606 | 2,027 | 748 | | | ||||||||||||||||||
Rockies & Other(1) |
3,206 | 2,199 | 15,564 | 8,878 | 27,582 | 17,455 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total |
10,825 | 6,985 | 20,078 | 12,015 | 31,215 | 20,875 |
(1) | Includes the Mississippian oil play of Northern Oklahoma. |
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Drilling Activity
The following table summarizes our drilling activity for the years ended December 31, 2013, 2012 and 2011. Gross wells reflect the sum of all wells in which we own an interest. Net wells reflect the sum of our working interests in gross wells. At December 31, 2013, 10 gross (9.2 net) wells were in various stages of completion.
Years ended December 31, | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Gross | Net | Gross | Net | Gross | Net | |||||||||||||||||||
Development wells: |
||||||||||||||||||||||||
Productive |
22.0 | 13.3 | 11.0 | 10.2 | 4.0 | 3.9 | ||||||||||||||||||
Dry |
| | | | | | ||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total development wells |
22.0 | 13.3 | 11.0 | 10.2 | 4.0 | 3.9 | ||||||||||||||||||
Exploratory wells: |
||||||||||||||||||||||||
Productive |
9.0 | 8.0 | 7.0 | 5.6 | 27.0 | 9.4 | ||||||||||||||||||
Dry |
| | | | 3.0 | 1.5 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total exploratory wells |
9.0 | 8.0 | 7.0 | 5.6 | 30.0 | 10.9 | ||||||||||||||||||
Total wells drilled |
31.0 | 21.3 | 18.0 | 15.8 | 34.0 | 14.8 |
Drilling Locations
All of our 1,582 gross horizontal locations are attributable to acreage that is currently held by production and approximately 9% are attributable to proved undeveloped reserves as of December 31, 2013. In making these assessments, we include properties in which we hold operated and non-operated interests, as well as redevelopment opportunities. Once we have identified acreage that is prospective for the targeted formations, well placement is determined primarily by the regulatory spacing rules prescribed by the governing body in each of our operating areas. Wells drilled in the Cotton Valley formation in the Terryville Complex adhere to 180-acre spacing.
Our identified horizontal drilling locations are scheduled to be drilled over many years. The ultimate timing of the drilling of these locations will be influenced by multiple factors, including oil, natural gas and NGL prices, the availability and cost of capital, drilling and production costs, the availability of drilling services and equipment, drilling results, lease expirations, gathering systems, processing, marketing and pipeline transportation constraints, regulatory approvals and other factors. For a discussion of the risks associated with our drilling program, see Risk FactorsRisks Related to Our BusinessOur identified drilling locations, which are scheduled out over many years, are susceptible to uncertainties that could materially alter the occurrence or timing of their drilling.
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MEMP
The following table summarizes information about MEMPs proved oil and natural gas reserves by geographic region as of December 31, 2013 and its average net production for the three months ended December 31, 2013:
Estimated Total Proved Reserves | ||||||||||||||||||||||||||||
Total (Bcfe) |
% Gas | % Oil & NGLs |
% Developed |
Standardized Measure (in millions)(1) |
Average Net Daily Production (MMcfe/d) |
R/P Ratio(2) (years) |
||||||||||||||||||||||
East Texas/North Louisiana |
598 | 69 | % | 31 | % | 54 | % | $ | 688 | 110.2 | 15 | |||||||||||||||||
Permian Basin |
108 | 8 | % | 92 | % | 45 | % | 362 | 13.3 | 22 | ||||||||||||||||||
California |
86 | 0 | % | 100 | % | 70 | % | 344 | 9.3 | 25 | ||||||||||||||||||
Rockies |
61 | 83 | % | 17 | % | 84 | % | 78 | 11.5 | 15 | ||||||||||||||||||
South Texas |
162 | 85 | % | 15 | % | 82 | % | 137 | 23.4 | 19 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
Total |
1,015 | 60 | % | 40 | % | 61 | % | $ | 1,609 | 167.7 | 17 | |||||||||||||||||
|
|
|
|
|
|
(1) | Standardized measure is calculated in accordance with Accounting Standards Codification, or ASC, Topic 932, Extractive ActivitiesOil and Gas. Because MEMP is a limited partnership, it is generally not subject to federal or state income taxes and thus makes no provision for federal or state income taxes in the calculation of its standardized measure. Standardized measure does not give effect to commodity derivative contracts. |
(2) | The reserve-to-production ratio is calculated by dividing our estimated proved reserves as of December 31, 2013 by average net daily production for the three months ended December 31, 2013 on an annualized basis. |
Estimated Proved Reserves
The following table presents the estimated net proved oil and natural gas reserves attributable to MEMPs properties and the standardized measure amounts associated with the estimated proved reserves attributable to MEMPs properties as of December 31, 2013, based on MEMPs reserve report.
Oil (MBbl) | Natural Gas (MMcf) |
Natural Gas Liquids (MBbl) |
Total (MMcfe) |
|||||||||||||
Estimated Proved Reserves |
||||||||||||||||
Total Proved Developed |
22,265 | 387,548 | 15,959 | 616,893 | ||||||||||||
Total Proved Undeveloped |
16,884 | 219,591 | 12,887 | 398,212 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Proved Reserves |
39,149 | 607,139 | 28,846 | 1,015,105 |
Development of Proved Undeveloped Reserves
As of December 31, 2013, MEMP had 398,212 MMcfe of proved undeveloped reserves, comprised of 16,884 MBbls of oil, 219,591 MMcf of natural gas and 12,887 MBbls of NGLs. None of MEMPs PUDs as of December 31, 2013 are scheduled to be developed on a date more than five years from the date the reserves were initially booked as PUDs. PUDs will be converted from undeveloped to developed as the applicable wells begin production.
Changes in PUDs that occurred during 2013 were due to:
| Reclassifications of 69.5 Bcfe into proved developed reserves for implementation of drilling projects; and |
| Increases of 72.3 Bcfe primarily due to reserve additions and price revisions. |
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During the year ended December 31, 2013, MEMP spent $103.4 million to convert PUDs to proved developed reserves. As of December 31, 2013 per the MEMP Reserve Report, future development costs relating to the development of PUDs for the years 2014, 2015, 2016, 2017 and 2018 are estimated at approximately $185 million, $178 million, $179 million, $72 million and $7 million, respectively, to capture the balance of drilling the PUD reserves within a five-year timeframe. As MEMP continues to develop its properties and have more well production and completion data, MEMP believes it will continue to realize cost savings and experience lower relative drilling and completion costs as we convert PUDs into proved developed reserves in the upcoming years. All of MEMPs PUD locations are scheduled to be drilled prior to the end of December 31, 2018. Based on MEMPs current expectations of its cash flows, MEMP believes that it can fund the drilling of its current PUD inventory and its expansions in the next five years from its cash flow from operations.
Production, Revenue and Price History
The following tables summarize MEMPs average net production, average sales prices by product and average production costs for the years ended December 31, 2013 and 2012, respectively:
Year Ended December 31, | ||||||||
2013 | 2012 | |||||||
Production Volumes: |
||||||||
Oil (MBbls) |
1,764 | 1,519 | ||||||
NGLs (MBbls) |
1,632 | 745 | ||||||
Natural gas (MMcf) |
35,924 | 29,744 | ||||||
|
|
|
|
|||||
Total (MMcfe) |
56,303 | 43,329 | ||||||
Average net production (MMcfe/d) |
154.3 | 118.4 | ||||||
Average Sales Price (Excluding Commodity Derivatives): |
||||||||
Oil (per Bbl) |
$ | 96.98 | $ | 95.54 | ||||
NGL (Per Bbl) |
31.38 | 35.75 | ||||||
Natural Gas (per Mcf) |
3.31 | 2.82 | ||||||
|
|
|
|
|||||
Total (per Mcfe) |
$ | 6.06 | $ | 5.90 | ||||
Average Unit Costs per Mcfe: |
||||||||
Lease operating expense |
$ | 1.58 | $ | 1.85 |
Productive Wells
Productive wells consist of producing wells and wells capable of production, including natural gas wells awaiting pipeline connections to commence deliveries and oil wells awaiting connection to production facilities. Gross wells are the total number of producing wells in which MEMP owns an interest, and net wells are the sum of MEMPs fractional working interests owned in gross wells. The following table sets forth information relating to the productive wells in which MEMP owned a working interest as of December 31, 2013.
Oil | Natural Gas | |||||||||||||||
Gross | Net | Gross | Net | |||||||||||||
Operated(1) |
489 | 441 | 1,432 | 1,063 | ||||||||||||
Non-operated |
43 | 8 | 902 | 151 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total |
532 | 449 | 2,334 | 1,214 | ||||||||||||
|
|
|
|
|
|
|
|
(1) | Includes wells operated by MRD LLC on MEMPs behalf. |
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Developed Acreage
Acreage related to royalty, overriding royalty and other similar interests is excluded from this summary. As of December 31, 2013, substantially all of MEMPs leasehold acreage was held by production. The following table sets forth information as of December 31, 2013 relating to MEMPs leasehold acreage.
Developed Acreage(1) | ||||||||
Region |
Gross(2) | Net(3) | ||||||
East Texas/North Louisiana |
142,118 | 55,593 | ||||||
Permian |
33,832 | 24,675 | ||||||
Rockies |
133,664 | 48,910 | ||||||
South Texas |
85,027 | 70,629 | ||||||
|
|
|
|
|||||
Total |
394,641 | 199,807 | ||||||
|
|
|
|
(1) | Developed acres are acres spaced or assigned to productive wells or wells capable of production. |
(2) | A gross acre is an acre in which MEMP owns a working interest. The number of gross acres is the total number of acres in which MEMP owns a working interest. |
(3) | A net acre is deemed to exist when the sum of MEMPs fractional ownership working interests in gross acres equals one. The number of net acres is the sum of the fractional working interests owned in gross acres expressed as whole numbers and fractions thereof. |
Undeveloped Acreage
The following table sets forth information as of December 31, 2013 relating to MEMPs undeveloped leasehold acreage.
Undeveloped Acreage |
||||||||
Region |
Gross(1) | Net(2) | ||||||
East Texas/North Louisiana |
14,385 | 5,254 | ||||||
Permian |
16,717 | 13,599 | ||||||
Rockies |
73,422 | 50,802 | ||||||
South Texas |
1,658 | 1,658 | ||||||
|
|
|
|
|||||
Total |
106,182 | 71,313 | ||||||
|
|
|
|
(1) | A gross acre is an acre in which MEMP owns a working interest. The number of gross acres is the total number of acres in which MEMP owns a working interest. |
(2) | A net acre is deemed to exist when the sum of MEMPs fractional ownership working interests in gross acres equals one. The number of net acres is the sum of the fractional working interests owned in gross acres expressed as whole numbers and fractions thereof. |
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Drilling Activities
MEMPs drilling activities consist entirely of development wells. The following table sets forth information with respect to wells drilled and completed by MEMP, its predecessor, or the previous owners during the periods indicated. The information should not be considered indicative of future performance, nor should a correlation be assumed between the number of productive wells drilled, quantities of reserves found or economic value.
Year Ended December 31, | ||||||||||||||||||||||||
2013 | 2012 | 2011 | ||||||||||||||||||||||
Gross | Net | Gross | Net | Gross | Net | |||||||||||||||||||
Development wells: |
||||||||||||||||||||||||
Productive |
45.0 | 32.6 | 38.0 | 24.4 | 14.0 | 10.7 | ||||||||||||||||||
Dry |
| | 1.0 | 1.0 | 1.0 | 1.0 | ||||||||||||||||||
Exploratory wells: |
||||||||||||||||||||||||
Productive |
| | | | | | ||||||||||||||||||
Dry |
| | | | | | ||||||||||||||||||
Total wells: |
||||||||||||||||||||||||
Productive |
45.0 | 32.6 | 38.0 | 24.4 | 14.0 | 10.7 | ||||||||||||||||||
Dry |
| | 1.0 | 1.0 | 1.0 | 1.0 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total |
45.0 | 32.6 | 39.0 | 25.4 | 15.0 | 11.7 | ||||||||||||||||||
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|
|
|
|
|
|
|
|
|
|
|
For purposes of the table above, MEMPs predecessor refers collectively to (a) BlueStone and its wholly-owned subsidiaries and certain oil and natural gas properties owned by Classic Hydrocarbons Holdings, L.P. for periods prior to the closing of MEMPs initial public offering on December 14, 2011 and (b) for periods after April 8, 2011 through the closing of MEMPs initial public offering, certain oil and natural gas properties owned by WHT Energy Partners LLC. MEMPs previous owners refers collectively to (a) certain oil and natural gas properties that MEMP acquired from MRD LLC in April and May 2012 for periods after common control commenced through their respective acquisition dates and (b) Rise Energy Operating, LLC and its wholly-owned subsidiaries (except for Rise Energy Operating, Inc.) from February 3, 2009 (inception) through December 11, 2012.
Delivery Commitments
MEMP has no commitments to deliver a fixed and determinable quantity of our oil or natural gas production in the near future under our existing contracts.
Marketing and Major Customers
We market the majority of production from properties we and MEMP operate for both our account and the account of the other working interest owners in our operated properties. We sell substantially all of our production to a variety of purchasers under contracts ranging from one month to several years, all at market prices. We normally sell production to a relatively small number of customers, as is customary in the exploration, development and production business. During the year ended December 31, 2013, Energy Transfer Equity, L.P. and subsidiaries accounted for 77% of our revenues and Phillips 66 accounted for 15% of MEMPs revenues. If we were to lose any one of our customers, the loss could temporarily delay production and sale of a portion of our oil and natural gas in the related producing region. If we were to lose any single customer, we believe we could identify a substitute customer to purchase the impacted production volumes.
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Title to Properties
We believe that we and MEMP have satisfactory title to all of our producing properties in accordance with generally accepted industry standards. As is customary in the industry, in the case of undeveloped properties, often cursory investigation of record title is made at the time of lease acquisition. Investigations are made before the consummation of an acquisition of producing properties and before commencement of drilling operations on undeveloped properties. Individual properties may be subject to burdens that we believe do not materially interfere with the use or affect the value of the properties. Burdens on properties may include customary royalty interests, liens incident to operating agreements and for current taxes, obligations or duties under applicable laws, development obligations under natural gas leases, or net profits interests.
Oil and Natural Gas Leases
The typical oil and natural gas lease agreement covering our properties and MEMPs properties provides for the payment of royalties to the mineral owner for all oil and natural gas produced from any wells drilled on the leased premises. The lessor royalties and other leasehold burdens on our properties generally range from 12.5% to 25%, resulting in a net revenue interest to us generally ranging from 87.5% to 75%. 52% of our leasehold acreage is held by production.
Seasonality
Demand for oil and natural gas generally decreases during the spring and fall months and increases during the summer and winter months. However, seasonal anomalies such as mild winters or mild summers sometimes lessen this fluctuation. In addition, certain natural gas users utilize natural gas storage facilities and purchase some of their anticipated winter requirements during the summer. This can also lessen seasonal demand fluctuations. These seasonal anomalies can increase competition for equipment, supplies and personnel during the spring and summer months, which could lead to shortages and increase costs or delay our operations or MEMPs operations.
Competition
The oil and natural gas industry is intensely competitive, and we and MEMP compete with other companies in our industry that have greater resources than we do, especially in our focus areas. Many of these companies not only explore for and produce oil and natural gas, but also carry on refining operations and market petroleum and other products on a regional, national or worldwide basis. These companies may be able to pay more for productive natural gas properties and exploratory locations or define, evaluate, bid for and purchase a greater number of properties and locations than our financial or human resources permit, and may be able to expend greater resources to attract and maintain industry personnel. In addition, these companies may have a greater ability to continue exploration activities during periods of low natural gas market prices. Our larger competitors may be able to absorb the burden of existing, and any changes to, federal, state and local laws and regulations more easily than we can, which would adversely affect our competitive position. Our ability to acquire additional properties and to discover reserves in the future will be dependent upon our ability to evaluate and select suitable properties and to consummate transactions in a highly competitive environment. In addition, because we have fewer financial and human resources than many companies in our industry, we may be at a disadvantage in bidding for exploratory locations and producing natural gas properties.
Hydraulic Fracturing
We and MEMP use hydraulic fracturing as a means to maximize the productivity of almost every well that we drill and complete. Hydraulic fracturing is a necessary part of the completion process because our properties are dependent upon our ability to effectively fracture the producing formations in order to produce at economic rates. Nearly all of our proved non-producing and proved undeveloped reserves associated with future drilling,
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recompletion, and refracture stimulation projects, or approximately 71.3% of our total estimated proved reserves as of December 31, 2013 and approximately 37.6% of MEMPs total estimated proved reserves as of December 31, 2013, require hydraulic fracturing.
We have and continue to follow applicable industry standard practices and legal requirements for groundwater protection in our and MEMPs operations which are subject to supervision by state and federal regulators (including the Bureau of Land Management on federal acreage). These protective measures include setting surface casing at a depth sufficient to protect fresh water zones as determined by regulatory agencies, and cementing the well to create a permanent isolating barrier between the casing pipe and surrounding geological formations. This aspect of well design essentially eliminates a pathway for the fracturing fluid to contact any aquifers during the hydraulic fracturing operations. For recompletions of existing wells, the production casing is pressure tested prior to perforating the new completion interval.
Injection rates and pressures are monitored instantaneously and in real time at the surface during our hydraulic fracturing operations. Pressure is monitored on both the injection string and the immediate annulus to the injection string. Hydraulic fracturing operations would be shut down immediately if an abrupt change occurred to the injection pressure or annular pressure.
Certain state regulations require disclosure of the components in the solutions used in hydraulic fracturing operations. Approximately 99% of the hydraulic fracturing fluids we use are made up of water and sand. The remainder of the constituents in the fracturing fluid are managed and used in accordance with applicable requirements.
Hydraulic fracture stimulation requires the use of a significant volume of water. Upon flowback of the water, we dispose of it in a way that minimizes the impact to nearby surface water by disposing into approved disposal or injection wells. We currently do not discharge water to the surface.
For information regarding existing and proposed governmental regulations regarding hydraulic fracturing and related environmental matters, please read Regulation of Environmental and Occupational Health and Safety MattersHydraulic Fracturing.
Regulation of the Oil and Natural Gas Industry
Our and MEMPs operations are substantially affected by federal, state and local laws and regulations. In particular, natural gas production and related operations are, or have been, subject to price controls, taxes and numerous other laws and regulations. All of the jurisdictions in which we own or operate producing oil and natural gas properties have statutory provisions regulating the exploration for and production of oil and natural gas, including provisions related to permits for the drilling of wells, bonding requirements to drill or operate wells, the location of wells, the method of drilling and casing wells, the surface use and restoration of properties upon which wells are drilled, sourcing and disposal of water used in the drilling and completion process, and the abandonment of wells. Our operations are also subject to various conservation laws and regulations. These include the regulation of the size of drilling and spacing units or proration units, the number of wells which may be drilled in an area, and the unitization or pooling of crude natural gas wells, as well as regulations that generally prohibit the venting or flaring of natural gas, and impose certain requirements regarding the ratability or fair apportionment of production from fields and individual wells.
Failure to comply with applicable laws and regulations can result in substantial penalties. The regulatory burden on the industry increases the cost of doing business and affects profitability. Although we believe we are in substantial compliance with all applicable laws and regulations, such laws and regulations are frequently amended or reinterpreted. Therefore, we are unable to predict the future costs or impact of compliance. Additional proposals and proceedings that affect the natural gas industry are regularly considered by Congress, the states, FERC, and the courts. We cannot predict when or whether any such proposals may become effective.
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We believe we and MEMP are in substantial compliance with currently applicable laws and regulations and that continued substantial compliance with existing requirements will not have a material adverse effect on our financial position, cash flows or results of operations. However, current regulatory requirements may change, currently unforeseen environmental incidents may occur or past non-compliance with environmental laws or regulations may be discovered.
Regulation of Production of Oil and Natural Gas
The production of oil and natural gas is subject to regulation under a wide range of local, state and federal statutes, rules, orders and regulations. Federal, state and local statutes and regulations require permits for drilling operations, drilling bonds and reports concerning operations. All of the states in which we and MEMP own and operate properties have regulations governing conservation matters, including provisions for the unitization or pooling of oil and natural gas properties, the establishment of maximum allowable rates of production from oil and natural gas wells, the regulation of well spacing, and plugging and abandonment of wells. The effect of these regulations is to limit the amount of oil and natural gas that we can produce from our wells and to limit the number of wells or the locations at which we can drill, although we can apply for exceptions to such regulations or to have reductions in well spacing. Moreover, each state generally imposes a production or severance tax with respect to the production and sale of oil, natural gas and natural gas liquids within its jurisdiction. We own interests in properties located onshore in different U.S. states. These states regulate drilling and operating activities by requiring, among other things, permits for the drilling of wells, maintaining bonding requirements in order to drill or operate wells, and regulating the location of wells, the method of drilling and casing wells, the surface use and restoration of properties upon which wells are drilled and the plugging and abandonment of wells. The laws of these states also govern a number of environmental and conservation matters, including the handling and disposing or discharge of waste materials, the size of drilling and spacing units or proration units and the density of wells that may be drilled, unitization and pooling of oil and natural gas properties and establishment of maximum rates of production from oil and natural gas wells. Some states have the power to prorate production to the market demand for oil and natural gas. The failure to comply with these rules and regulations can result in substantial penalties. Our competitors in the oil and natural gas industry are subject to the same regulatory requirements and restrictions that affect our operations.
Regulation of Environmental and Occupational Health and Safety Matters
Our and MEMPs operations are subject to numerous stringent federal, state and local statutes and regulations governing the discharge of materials into the environment or otherwise relating to protection of the environment or occupational health and safety. Numerous governmental agencies, such as the U.S. Environmental Protection Agency (EPA), issue regulations, which often require difficult and costly compliance measures that carry substantial administrative, civil and criminal penalties and may result in injunctive obligations for failure to comply. These laws and regulations may require the acquisition of a permit before drilling commences, restrict the types, quantities and concentrations of various substances that can be released into the environment in connection with drilling, production and transporting through pipelines, govern the sourcing and disposal of water used in the drilling, completion and production process, limit or prohibit drilling activities in certain areas and on certain lands lying within wilderness, wetlands, frontier and other protected areas, require some form of remedial action to prevent or mitigate pollution from current or former operations such as plugging abandoned wells or closing earthen pits, result in the suspension or revocation of necessary permits, licenses and authorizations, require that additional pollution controls be installed and impose substantial liabilities for pollution resulting from operations or failure to comply with regulatory filings. In addition, these laws and regulations may restrict the rate of production. The strict and joint and several liability nature of such laws and regulations could impose liability upon us regardless of fault. Public interest in the protection of the environment has increased dramatically in recent years. The trend of more expansive and stringent environmental legislation and regulations applied to the crude oil and natural gas industry could continue, resulting in increased costs of doing business and consequently affecting profitability. Changes in environmental laws and regulations occur frequently, and to the extent laws are enacted or other governmental
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action is taken that restricts drilling or imposes more stringent and costly operating, waste handling, disposal and cleanup requirements, our business and prospects, as well as the oil and natural gas industry in general, could be materially adversely affected.
Hazardous Substance and Waste Handling
Our and MEMPs operations are subject to environmental laws and regulations relating to the management and release of hazardous substances, solid and hazardous wastes and petroleum hydrocarbons. These laws generally regulate the generation, storage, treatment, transportation and disposal of solid and hazardous waste and may impose strict and, in some cases, joint and several liability for the investigation and remediation of affected areas where hazardous substances may have been released or disposed. The Comprehensive Environmental Response, Compensation, and Liability Act, as amended, referred to as CERCLA or the Superfund law, and comparable state laws, impose liability, without regard to fault or the legality of the original conduct, on certain classes of persons deemed responsible parties. These persons include current owners or operators of the site where a release of hazardous substances occurred, prior owners or operators that owned or operated the site at the time of the release or disposal of hazardous substances, and companies that disposed or arranged for the disposal of the hazardous substances found at the site. Under CERCLA, these persons may be subject to strict and joint and several liability for the costs of cleaning up the hazardous substances that have been released into the environment, for damages to natural resources and for the costs of certain health studies. CERCLA also authorizes the EPA and, in some instances, third parties to act in response to threats to the public health or the environment and to seek to recover the costs they incur from the responsible classes of persons. It is not uncommon for neighboring landowners and other third parties to file claims for personal injury and property damage allegedly caused by hazardous substances or other pollutants released into the environment. Despite the petroleum exclusion of Section 101(14) of CERCLA, which currently encompasses natural gas, we may nonetheless handle hazardous substances within the meaning of CERCLA, or similar state statutes, in the course of our ordinary operations and, as a result, may be jointly and severally liable under CERCLA for all or part of the costs required to clean up sites at which these hazardous substances have been released into the environment. In addition, we may have liability for releases of hazardous substances at our properties by prior owners or operators or other third parties.
The Oil Pollution Act of 1990 (the OPA) is the primary federal law imposing oil spill liability. The OPA contains numerous requirements relating to the prevention of and response to petroleum releases into waters of the United States, including the requirement that operators of offshore facilities and certain onshore facilities near or crossing waterways must maintain certain significant levels of financial assurance to cover potential environmental cleanup and restoration costs. Under the OPA, strict, joint and several liability may be imposed on responsible parties for all containment and cleanup costs and certain other damages arising from a release, including, but not limited to, the costs of responding to a release of oil to surface waters and natural resource damages, resulting from oil spills into or upon navigable waters, adjoining shorelines or in the exclusive economic zone of the United States. A responsible party includes the owner or operator of an onshore facility. The OPA establishes a liability limit for onshore facilities of $350 million. These liability limits may not apply if: a spill is caused by a partys gross negligence or willful misconduct; the spill resulted from violation of a federal safety, construction or operating regulation; or a party fails to report a spill or to cooperate fully in a clean-up. We are also subject to analogous state statutes that impose liabilities with respect to oil spills.
We also generate solid wastes, including hazardous wastes, which are subject to the requirements of the Resource Conservation and Recovery Act (RCRA), as amended, and comparable state statutes. Although RCRA regulates both solid and hazardous wastes, it imposes strict requirements on the generation, storage, treatment, transportation and disposal of hazardous wastes. Certain petroleum production wastes are excluded from RCRAs hazardous waste regulations. It is possible, however, that these wastes, which could include wastes currently generated during our operations, could be designated as hazardous wastes in the future and, therefore, be subject to more rigorous and costly disposal requirements. Indeed, legislation has been proposed from time to time in Congress to re-categorize certain oil and gas exploration and production wastes as hazardous wastes.
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Any such changes in the laws and regulations could have a material adverse effect on our maintenance capital expenditures and operating expenses.
We believe that we and MEMP are in substantial compliance with the requirements of CERCLA, RCRA, OPA and related state and local laws and regulations, and that we hold all necessary and up-to-date permits, registrations and other authorizations required under such laws and regulations. Although we believe that the current costs of managing our wastes as they are presently classified are reflected in our budget, any legislative or regulatory reclassification of oil and natural gas exploration and production wastes could increase our costs to manage and dispose of such wastes.
Water and Other Waste Discharges and Spills
The Federal Water Pollution Control Act, as amended, also known as the Clean Water Act, the Safe Drinking Water Act (SDWA), the OPA and comparable state laws impose restrictions and strict controls regarding the discharge of pollutants, including produced waters and other natural gas wastes, into federal and state waters. The discharge of pollutants into regulated waters is prohibited, except in accordance with the terms of a permit issued by the EPA or the state. The discharge of dredge and fill material in regulated waters, including wetlands, is also prohibited, unless authorized by a permit issued by the U.S. Army Corps of Engineers. The EPA has also adopted regulations requiring certain oil and natural gas exploration and production facilities to obtain individual permits or coverage under general permits for storm water discharges. Costs may be associated with the treatment of wastewater or developing and implementing storm water pollution prevention plans, as well as for monitoring and sampling the storm water runoff from certain of our facilities. Some states also maintain groundwater protection programs that require permits for discharges or operations that may impact groundwater conditions. The underground injection of fluids is subject to permitting and other requirements under state laws and regulation. Obtaining permits has the potential to delay the development of oil and natural gas projects. These same regulatory programs also limit the total volume of water that can be discharged, hence limiting the rate of development, and require us to incur compliance costs. These laws and any implementing regulations provide for administrative, civil and criminal penalties for any unauthorized discharges of oil and other substances in reportable quantities and may impose substantial potential liability for the costs of removal, remediation and damages. Pursuant to these laws and regulations, we may be required to obtain and maintain approvals or permits for the discharge of wastewater or storm water and the underground injection of fluids and are required to develop and implement spill prevention, control and countermeasure plans, also referred to as SPCC plans, in connection with on-site storage of significant quantities of oil. We and MEMP maintain all required discharge permits necessary to conduct our operations, and we believe we and MEMP are in substantial compliance with their terms.
Hydraulic Fracturing
We and MEMP use hydraulic fracturing extensively in our operations. Hydraulic fracturing is an essential and common practice in the oil and gas industry used to stimulate production of natural gas and/or oil from low permeability subsurface rock formations. Hydraulic fracturing involves using water, sand, and certain chemicals to fracture the hydrocarbon-bearing rock formation to allow flow of hydrocarbons into the wellbore. While hydraulic fracturing has historically been regulated by state oil and natural gas commissions, the practice has become increasingly controversial in certain parts of the country, resulting in increased scrutiny and regulation. For example, the EPA has asserted federal regulatory authority over certain hydraulic-fracturing activities under the SDWA involving the use of diesel fuels and published permitting guidance in February 2014 addressing the use of diesel in fracturing operations. Also, the EPA has indicated that it may develop and issue regulations under the Toxic Substances Control Act to require companies to disclose information regarding the chemicals used in hydraulic fracturing; however, to date, it has taken no action to do so. In addition, Congress has from time to time considered legislation to amend the SDWA, including legislation that would repeal the exemption for hydraulic fracturing from the definition of underground injection and require federal permitting and regulatory control of hydraulic fracturing, as well as legislative proposals to require disclosure of the chemical constituents of the
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fluids used in the fracturing process. Also, in the near future we may be subject to regulations that restrict our ability to discharge water produced as part of our production operations, and the ability to use injection wells as a disposal option not only will depend on federal or state regulations but also on whether available injection wells have sufficient storage capacities. The EPA is currently developing effluent limitation guidelines that may impose federal pre-treatment standards on all oil and gas operators transporting wastewater associated with hydraulic fracturing activities to publicly owned treatment works for disposal. The EPA plans to propose such standards by late 2014. In addition, in May 2013, the federal Bureau of Land Management published a supplemental notice of proposed rulemaking governing hydraulic fracturing on federal and Indian lands that replaces a prior draft of proposed rulemaking issued by the agency in May 2012. The revised proposed rule would continue to require public disclosure of chemicals used in hydraulic fracturing on federal and Indian lands, confirmation that wells used in fracturing operations meet appropriate construction standards, and development of appropriate plans for managing flowback water that returns to the surface.
Further, in April 2012, the EPA released final rules that subject all oil and gas operations (production, processing, transmission, storage and distribution) to regulation under the new source performance standards (NSPS) and the National Emission Standards for Hazardous Air Pollutants (NESHAPS) programs. These rules became effective October 2012. The rules include NSPS standards for completions of hydraulically-fractured gas wells. The standards include the reduced emission completion techniques, or green completions, developed in the EPAs Natural Gas STAR program along with pit flaring of gas not sent to the gathering line. Green completions for hydraulic fracturing will require the operator to recover rather than vent the gas and NGLs that come to the surface during completion of the fracturing process. The standards will be applicable to newly drilled and fractured wells and wells that are refractured on or after January 1, 2015. Further, the rules under NESHAPS include Maximum Achievable Control Technology (MACT) standards for glycol dehydrators and storage vessels at major source of hazardous air pollutants not currently subject to MACT standards. In September 2013, the EPA issued an amendment extending compliance dates for certain storage vessels. The rule is designed to limit emissions of volatile organic compounds (VOC), sulfur dioxide, and hazardous air pollutants from a variety of sources within natural gas processing plants, oil and natural gas production facilities, and natural gas transmission compressor stations. This rule could require a number of modifications to our operations including the installation of new equipment. Compliance with such rules could result in significant costs, including increased capital expenditures and operating costs, and could adversely impact our business. Additionally, in December 2012, seven states submitted a notice of intent to sue the EPA to compel the agency to make a determination as to whether standards or performance limiting methane emissions from oil and gas sources is appropriate and if so, to promulgate performance standards for methane emissions from existing oil and gas sources.
Several states have adopted, or are considering adopting, regulations that could restrict or prohibit hydraulic fracturing in certain circumstances and/or require the disclosure of the composition of hydraulic fracturing fluids. For example, Texas requires oil and natural gas operators to publicly disclose the chemicals used in the hydraulic fracturing process. Regulations require that well operators disclose the list of chemical ingredients subject to the requirements of the Occupational Safety and Health Act, as amended (OSHA) for disclosure on an internet website and also file the list of chemicals with the Texas Railroad Commission with the well completion report. The total volume of water used to hydraulically fracture a well must also be disclosed to the public and filed with the Texas Railroad Commission. Furthermore, in May 2013, the Texas Railroad Commission issued a well integrity rule, which updates the requirements for drilling, putting pipe down, and cementing wells. The rule also includes new testing and reporting requirements, such as (i) the requirement to submit cementing reports after well completion or after cessation of drilling, whichever is later, and (ii) the imposition of additional testing on wells less than 1,000 feet below usable groundwater. The well integrity rule took effect in January 2014. We believe that we follow applicable standard industry practices and legal requirements for groundwater protection in our hydraulic fracturing activities. Nonetheless, if new or more stringent federal, state, or local legal restrictions relating to the hydraulic fracturing process are adopted in areas where we operate, we could incur potentially significant added costs to comply with such requirements, experience delays or curtailment in the pursuit of exploration, development, or production activities, and perhaps even be precluded from drilling wells.
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Certain governmental reviews have been conducted or are underway that focus on environmental aspects of hydraulic fracturing practices, which could lead to increased regulation. For example, the White House Council on Environmental Quality is coordinating an administration-wide review of hydraulic fracturing practices. The EPA has also commenced a study of the potential environmental effects of hydraulic fracturing on drinking water and groundwater, with a first progress report outlining work currently underway by the agency released on December 21, 2012, and a final report drawing conclusions about the potential impacts of hydraulic fracturing on drinking water resources expected to be available for public comment and peer review by late 2014. Other governmental agencies, including the U.S. Department of Energy, have evaluated or are evaluating various other aspects of hydraulic fracturing. These ongoing or proposed studies could spur initiatives to further regulate hydraulic fracturing under the SDWA or other regulatory mechanisms, and could ultimately make it more difficult or costly for us to perform fracturing and increase our costs of compliance and doing business.
A number of lawsuits and enforcement actions have been initiated across the country alleging that hydraulic fracturing practices have adversely impacted drinking water supplies, use of surface water, and the environment generally. If new laws or regulations that significantly restrict hydraulic fracturing are adopted, such laws could make it more difficult or costly for us to perform fracturing to stimulate production from tight formations as well as make it easier for third parties opposing the hydraulic fracturing process to initiate legal proceedings based on allegations that specific chemicals used in the fracturing process could adversely affect groundwater. In addition, if hydraulic fracturing is further regulated at the federal or state level, our fracturing activities could become subject to additional permitting and financial assurance requirements, more stringent construction specifications, increased monitoring, reporting and recordkeeping obligations, plugging and abandonment requirements and also to attendant permitting delays and potential increases in costs. Such legislative changes could cause us to incur substantial compliance costs, and compliance or the consequences of any failure to comply by us could have a material adverse effect on our financial condition and results of operations. At this time, it is not possible to estimate the impact on our business of newly enacted or potential federal or state legislation governing hydraulic fracturing, and any of the above risks could impair our ability to manage our business and have a material adverse effect on our operations, cash flows and financial position.
Air Emissions
The federal Clean Air Act, as amended, and comparable state laws restrict the emission of air pollutants from many sources, including compressor stations, through the issuance of permits and the imposition of other requirements. These laws and regulations may require us to obtain pre-approval for the construction or modification of certain projects or facilities expected to produce or significantly increase air emissions, obtain and strictly comply with stringent air permit requirements or utilize specific equipment or technologies to control emissions of certain pollutants. The need to obtain permits has the potential to delay the development of oil and natural gas projects. Over the next several years, we may be required to incur certain capital expenditures for air pollution control equipment or other air emissions related issues. For example, in August 2012, the EPA published final rules under the Clean Air Act that subject oil and natural gas production, processing, transmission and storage operations to regulation under the NSPS and NESHAPS programs. With regards to production activities, these final rules require, among other things, the reduction of volatile organic compound emissions from three subcategories of fractured and refractured gas wells for which well completion operations are conducted: wildcat (exploratory) and delineation gas wells; low reservoir pressure non-wildcat and non-delineation gas wells; and all other fractured and refractured gas wells. All three subcategories of wells must route flow back emissions to a gathering line or be captured and combusted using a combustion device such as a flare after October 15, 2012. However, the other wells must use reduced emission completions, also known as green completions, with or without combustion devices, after January 1, 2015. These regulations also establish specific new requirements regarding emissions from production-related wet seal and reciprocating compressors, effective October 15, 2012, and from pneumatic controllers and storage vessels, effective October 15, 2013. The EPA received numerous requests for reconsideration of these rules from both industry and the environmental community, and court challenges to the rules were also filed. The EPA issued revised rules in 2013 responding to these requests. For example, on April 12, 2013, the EPA published a proposed amendment
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extending compliance dates for certain storage vessels, and on September 23, 2013, the EPA issued a press release announcing that it had finalized the proposed amendment.
We may be required to incur certain capital expenditures in the next few years for air pollution control equipment in connection with maintaining or obtaining operating permits addressing other air emission related issues, which may have a material adverse effect on our operations. Obtaining permits also has the potential to delay the development of oil and natural gas projects. We believe that we and MEMP currently are in substantial compliance with all air emissions regulations and that we and MEMP hold all necessary and valid construction and operating permits for our current operations.
Regulation of Greenhouse Gas Emissions
In response to findings that emissions of carbon dioxide, methane and other greenhouse gases (GHGs) present an endangerment to public health and the environment, the EPA has adopted regulations under existing provisions of the federal Clean Air Act that, among other things, establish Prevention of Significant Deterioration (PSD) construction and Title V operating permit reviews for certain large stationary sources that are potential major sources of GHG emissions. As part of these efforts, the EPA issued a final rule (the Tailoring Rule), effective January 1, 2011, that established emissions thresholds such that only these large stationary sources are subject to GHG permitting. On October 15, 2013, the U.S. Supreme Court announced it will review aspects of the Tailoring Rule in 2014. In addition, the EPA has adopted rules requiring the monitoring and reporting of GHG emissions from specified onshore and offshore oil and gas production sources in the United States on an annual basis, which include certain of our operations.
In addition, in August 2012, the EPA established NSPS for VOCs and sulfur dioxide and an air toxic standard for oil and natural gas production, transmission, and storage. The rules include the first federal air standards for natural gas wells that are hydraulically fractured, or refractured, as well as requirements for several other sources, such as storage tanks and other equipment, and limits methane emissions from these sources in an effort to reduce GHG emissions. These requirements could adversely affect our operations by requiring us to make significant expenditures to ensure compliance with the NSPS.
While Congress has from time to time considered legislation to reduce emissions of GHGs, there has not been significant activity in the form of adopted legislation to reduce GHG emissions at the federal level in recent years. In the absence of such federal climate legislation, a number of state and regional efforts have emerged that are aimed at tracking and/or reducing GHG emissions by means of cap and trade programs that typically require major sources of GHG emissions, such as electric power plants, to acquire and surrender emission allowances in return for emitting those GHGs. If Congress were to undertake comprehensive tax reform in the coming year, it is possible that such reform may include a carbon tax, which could impose additional direct costs on operations and reduce demand for refined products. In any event, the Obama administration has announced its Climate Action Plan, which, among other things, directs federal agencies to develop a strategy for the reduction of methane emissions, including emissions from the oil and gas industry. As part of the Climate Action Plan, the Obama Administration also announced that it intends to adopt additional regulations to reduce emissions of GHGs and to encourage greater use of low carbon technologies in the coming years. For example, in September 2013, the EPA re-issued proposed NSPS for GHG emissions from Electric Utility Generating Units. Finally, it should be noted that some scientists have concluded that increasing concentrations of GHGs in the Earths atmosphere may produce climate changes that have significant physical effects, such as increased frequency and severity of storms, floods and other climatic events; if any such effects were to occur, they could have an adverse effect on our exploration and production operations.
Restrictions on GHG emissions that may be imposed in various states could adversely affect the oil and natural gas industry. Any GHG regulation could increase our costs of compliance by potentially delaying the receipt of permits and other regulatory approvals; requiring us to monitor emissions, install additional equipment or modify facilities to reduce GHG and other emissions; purchase emission credits; and utilize electric driven
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compression at facilities to obtain regulatory permits and approvals in a timely manner. While we are subject to certain federal GHG monitoring and reporting requirements, our operations are not adversely impacted by existing federal, state and local climate change initiatives and, at this time, it is not possible to accurately estimate how potential future laws or regulations addressing GHG emissions would impact our business.
Occupational Safety and Health Act
We are also subject to the requirements of the OSHA and comparable state laws that regulate the protection of the health and safety of employees. In addition, OSHAs hazard communication standard requires that information be maintained about hazardous materials used or produced in our operations and that this information be provided to employees, state and local government authorities and citizens. We believe that our and MEMPs operations are in substantial compliance with the OSHA requirements.
National Environmental Policy Act
Oil and natural gas exploration and production activities on federal lands are subject to the National Environmental Policy Act (NEPA). NEPA requires federal agencies, including the Departments of Interior and Agriculture, to evaluate major agency actions having the potential to significantly impact the environment. In the course of such evaluations, an agency prepares an environmental assessment to evaluate the potential direct, indirect and cumulative impacts of a proposed project. If impacts are considered significant, the agency will prepare a more detailed environmental impact study that is made available for public review and comment. All of our current exploration and production activities, as well as proposed exploration and development plans, on federal lands require governmental permits that are subject to the requirements of NEPA. This environmental impact assessment process has the potential to delay the development of oil and natural gas projects. Authorizations under NEPA also are subject to protest, appeal or litigation, which can delay or halt projects.
Endangered Species Act
The Endangered Species Act (ESA) was established to protect endangered and threatened species. Pursuant to the ESA, if a species is listed as threatened or endangered, restrictions may be imposed on activities adversely affecting that species habitat. Similar protections are offered to migratory birds under the Migratory Bird Treaty Act. We conduct operations on federal oil and natural gas leases in areas where certain species that are listed as threatened or endangered and where other species, such as the sage grouse, potentially could be listed as threatened or endangered under the ESA exist. The U.S. Fish and Wildlife Service may designate critical habitat and suitable habitat areas that it believes are necessary for survival of a threatened or endangered species. A critical habitat or suitable habitat designation could result in further material restrictions to federal land use and may materially delay or prohibit land access for oil and natural gas development. If we were to have a portion of our leases designated as critical or suitable habitat, it could cause us to incur additional costs or become subject to operating restrictions or bans in the affected areas, which could adversely impact the value of our leases.
Summary
In summary, we believe we and MEMP are in substantial compliance with currently applicable environmental laws and regulations. Although we have not experienced any material adverse effect from compliance with environmental requirements, there is no assurance that this will continue. We did not have any material capital or other non-recurring expenditures in connection with complying with environmental laws or environmental remediation matters in 2012 or 2013.
Employees
As of December 31, 2013, we had 332 full-time employees. Our future success will depend partially on our ability to attract, retain and motivate qualified personnel. We are not a party to any collective bargaining agreements and have not experienced any strikes or work stoppages. We consider our relations with our employees to be satisfactory.
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Our Offices
Our executive offices are located at 1301 McKinney St., Suite 2100, Houston, TX 77010, and the phone number at this address is (713) 588-8300.
Legal Proceedings
From time to time, we are subject to various legal proceedings arising in the ordinary course of business, including proceedings for which we have insurance coverage. As of the date hereof, neither we nor MEMP are party to any material legal proceedings.
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Directors and Executive Officers
The following table provides information regarding our current executive officers and directors as of May 1, 2014.
Name |
Age |
Position | ||||
Tony R. Weber |
51 | Chairman | ||||
John A. Weinzierl |
46 | Chief Executive Officer and Director | ||||
William J. Scarff |
58 | President | ||||
Andrew J. Cozby |
47 | Vice President and Chief Financial Officer | ||||
Larry R. Forney |
56 | Vice President, Operations | ||||
Kyle N. Roane |
34 | Vice President, General Counsel and Corporate Secretary | ||||
Gregory M. Robbins |
35 | Vice President, Corporate Development | ||||
Dennis G. Venghaus |
32 | Chief Accounting Officer | ||||
Scott A. Gieselman |
51 | Director | ||||
Kenneth A. Hersh |
51 | Director |
Set forth below is a description of the backgrounds of our executive officers and directors.
Tony R. Weber has served as Chairman of our board since our formation and as a member of MRD LLCs board of managers and MEMP GPs board of directors since September 2011. Mr. Weber currently serves as Managing Partner and Chief Operating Officer for NGP. Prior to joining NGP in December 2003, Mr. Weber was the Chief Financial Officer of Merit Energy Company from April 1998 to December 2003. Prior to that, he was Senior Vice President and Manager of Union Bank of Californias Energy Division in Dallas, Texas from 1987 to 1998. In his role at NGP, Mr. Weber serves on numerous private company boards as well as industry groups, IPAA Capital Markets Committee and Dallas Wildcat Committee. He currently serves on the Deans Council of the Mays Business School at Texas A&M University and was a founding member of the Mays Business Fellows Program.
The board believes that Mr. Webers extensive corporate finance, banking and private equity experience bring substantial leadership skill and experience to the Board.
John A. Weinzierl has served as our Chief Executive Officer since our formation, and the Chief Executive Officer of MRD LLC and the Chief Executive Officer and Chairman of MEMP GP since January 2014. Previously, Mr. Weinzierl served as President and Chief Executive Officer of MRD LLC and President, Chief Executive Officer and Chairman of MEMP GP since April 2011. Prior to the completion of the Partnerships initial public offering in December 2011, Mr. Weinzierl was a managing director and operating partner of NGP from December 2010. From July 1999 to December 2010, Mr. Weinzierl worked in various positions at NGP, where he became a managing director in December 2004. Mr. Weinzierl was appointed a venture partner of NGP from February 2012 to February 2013. From October 2006 until November 2011, Mr. Weinzierl was a director of Eagle Rock Energy G&P, LLC, the indirect general partner of Eagle Rock Energy Partners, L.P., a (i) natural gas gathering, processing and transportation company and (ii) developer of oil and natural gas properties, where he also served on the compensation committee. Mr. Weinzierl is a registered professional engineer in Texas.
The board believes Mr. Weinzierls degree and experience in petroleum engineering and his M.B.A. education, as well as his investment and business expertise honed at NGP, bring valuable strategic, managerial and analytical skills to the board and us.
William J. Scarff has served as our President since our formation, and the President of MRD LLC and MEMP GP since January 2014. From 2000 through January 2014, Mr. Scarff has served as President and Chief
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Executive Officer of several private exploration and production companies sponsored by Natural Gas Partners. Since October 2010, Mr. Scarff has served as President and Chief Executive Officer of Propel Energy, LLC. Prior to that, he was President and Chief Executive Officer of Seismic Ventures, Inc. from 2006 to 2009. Since February 2005, Mr. Scarff has served as President and Chief Executive Officer of Proton Operating Company, LLC and from 1999 to 2005, he was President and Chief Executive Officer of Proton Energy, LLC and its affiliates. From 1978 to 1999, Mr. Scarff held a variety of positions of increasing responsibility in Marathon Oil Company, Anadarko Production Company, Burlington Resources, Texas Meridian Resource Corporation and Hilcorp Energy Company.
Andrew J. Cozby has served as our Vice President and Chief Financial Officer since April 2014, the Vice President and Chief Financial Officer of MEMP GP since February 2012 and the Vice President, Finance of MRD LLC since April 2011. From February 2011 to April 2011, Mr. Cozby served as Senior Vice President and Chief Financial Officer of Energy Maintenance Services (EMS Global). Prior to that, he was Chief Financial Officer of Greystone Oil & Gas LLP and Greystone Drilling LP from May 2006 to December 2010. From 2000 to May 2006, Mr. Cozby was Director of Finance for Enterprise Products Partners LP and held various corporate finance positions with its affiliates GulfTerra Energy Partners, LP and El Paso Energy Partners, LP. Prior to that, Mr. Cozby held positions with J.P. Morgan from 1998 to 2000.
Larry R. Forney has served as our Vice President, Operations since April 2014 and the Vice President and Chief Operating Officer of MRD LLC and MEMP GP since January 2013. Previously, he served as Vice President of Operations and Asset Management of MRD LLC and MEMP GP from August 2011 to January 2013. From August 2008 to August 2011, Mr. Forney served as President of Mossback Management LLC, a private entity providing contract operating and engineering consulting services, including managing all operations and related business functions for Hungarian Horizon Energy, Ltd and Central European Drilling, Ltd in Budapest, Hungary from July 2010 to August 2011. From July 2004 to July 2008, Mr. Forney served as Vice President of Operations for Greystone Oil & Gas LLP and Managing Director of Greystone Drilling LP. Mr. Forney served as Vice President of Operations for Greystone Petroleum LLC from 2002 until 2004. Mr. Forney was Vice President and Treasurer of Goldrus Producing Company from 1997 to 2002. From 1990 to 1997, Mr. Forney held various positions for the Kelley Oil companies, which culminated in his serving concurrently as Vice President of Operations for Kelley Oil Corporation and Vice President of Concorde Gas Marketing. Prior to 1990, Mr. Forney held various drilling, production and facility construction positions with Pacific Enterprises Oil Corporation and Kerr-McGee Corporation. Mr. Forney is a registered professional engineer in Texas.
Kyle N. Roane has served as our Vice President, General Counsel and Corporate Secretary since our formation, and the Vice President, General Counsel and Corporate Secretary of MRD LLC and MEMP GP since January 2014. Previously, Mr. Roane served as the General Counsel and Corporate Secretary of MRD LLC and MEMP GP since February 2012. From 2005 to February 2012, Mr. Roane practiced corporate and securities law at Akin Gump Strauss Hauer & Feld L.L.P.
Gregory M. Robbins has served as our Vice President, Corporate Development since April 2014 and the Vice President of Corporate Development of MRD LLC and MEMP GP since January 2013. Previously, he served as Treasurer of MRD LLC and MEMP GP from June 2011 to April 2012 and Director of Corporate Development from April 2012 to January 2013. From October 2010 to April 2011, Mr. Robbins served as Vice President and Controller of Quality Electric Steel Castings, LP. Prior to that, he was a Vice President with Guggenheim Partners, LLC from April 2006 to September 2010. Mr. Robbins worked for Wells Fargo Energy Capital, LLC from 2004 to March 2006 and Comerica Bank, Inc. from 2002 to 2004.
Dennis G. Venghaus has served as our Chief Accounting Officer since our formation, and the Controller of MRD LLC and MEMP GP since January 2012. Prior to joining MRD LLC and MEMP GP, Mr. Venghaus was with Opportune LLP from June 2010 to January 2012 as a Manager in the Complex Financial Reporting group. From September 2004 through June 2010, he held various positions in the audit practice at PricewaterhouseCoopers LLP in Houston, TX, primarily serving energy clients. Mr. Venghaus is a Certified Public Accountant.
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Scott A. Gieselman has served as a member of our board since our formation and as a member of MRD LLCs board of managers and MEMP GPs board of directors since September 2011. Mr. Gieselman has been a managing director of NGP since April 2007. Mr. Gieselman has served as a member of the board of directors of Rice Energy, Inc. since January 2014. From 1988 to April 2007, Mr. Gieselman worked in various positions in the investment banking energy group of Goldman, Sachs & Co., where he became a partner in 2002.
The board believes that Mr. Gieselmans considerable financial and energy investment banking experience, as well as his experience on the boards of numerous private energy companies bring important and valuable skills to the Board.
Kenneth A. Hersh has served as a member of our board since our formation and as a member of MRD LLCs board of managers and MEMP GPs board of directors since April 2011. Mr. Hersh is the Chief Executive Officer of NGP Energy Capital Management and a managing partner of NGP and has served in those or similar capacities since 1989. He currently serves as a director of NGP Capital Resources Company, a business development company that focuses on the energy industry. Mr. Hersh served as a director of Resolute Energy Corporation from September 2009 to March 2012, as a director of Eagle Rock Energy G&P, LLC, the indirect general partner of Eagle Rock Energy Partners, L.P., from March 2006 until June 2011 and Energy Transfer Partners, L.L.C., the indirect general partner of Energy Transfer Partners, L.P., a natural gas gathering and processing and transportation and storage and retail propane company, from February 2004 through December 2009, and served as a director of LE GP, LLC, the general partner of Energy Transfer Equity, L.P., from October 2002 through December 2009. Mr. Hersh currently serves on the Deans Council of the Harvard Kennedy School and on the Advisory Councils of the Graduate School of Business at Stanford University and The Bendheim Center for Finance at Princeton University. He is also a member of the World Economic Forum where he has been a featured speaker at its annual meeting held in Davos, Switzerland.
The board believes that Mr. Hersh brings extensive knowledge to the board and us through his experiences in the energy industry as an investor, involvement in complex energy-related transactions and his position as Chief Executive Officer of NGP Energy Capital Management and co-manager of NGPs investment portfolio. Mr. Hersh also brings a wealth of industry-specific transactional skills, entrepreneurial ideas and a personal network of public and private capital sources that the board believes will bring us opportunities that we may not otherwise have.
Board Composition
Upon the closing of this offering, it is anticipated that we will have five directors. Assuming that the group consisting of MRD Holdings and certain former management members of WildHorse Resources management continue to control more than 50% of our common stock, we intend to avail ourselves of the controlled company exception under NASDAQ rules, which eliminates the requirements that we (i) have a majority of independent directors, (ii) maintain a compensation committee or (iii) maintain an independent nominating function. We will be required, however, to have an audit committee comprised entirely of independent directors within the permitted phase-in period under NASDAQ rules.
As a result of the size of that groups ownership of our common stock, that group will be able to control matters requiring stockholder approval, including the election of directors, changes to our organizational documents and significant corporate transactions.
If at any time we cease to be a controlled company under NASDAQ rules, the Board will take all action necessary to comply with the NASDAQ rules, including appointing a majority of independent directors to the Board and ensuring we have a compensation committee and a nominating and corporate governance committee, each composed entirely of independent directors, subject to a permitted phase-in period. We will cease to qualify as a controlled company once that group ceases to control a majority of our voting stock.
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Initially, our board of directors will consist of a single class of directors each serving one year terms. After a group including MRD Holdings and/or the Funds no longer beneficially owns or controls the vote of more than 50% of our issued and outstanding common stock, our board of directors will be divided into three classes of directors, with each class as nearly equal in number as possible, serving staggered three year terms, and such directors being removable only for cause.
In evaluating director candidates, our Board will assess whether a candidate possesses the integrity, judgment, knowledge, experience, skill and expertise that are likely to enhance the ability of the Board to manage and direct our affairs and business, including, when applicable, to enhance the ability of committees of the board to fulfill their duties. We have no minimum qualifications for director candidates. In general, however, our Board will review and evaluate both incumbent and potential new directors in an effort to achieve diversity of skills and experience among our directors and in light of the following criteria:
| experience in business, government, education, technology or public interests; |
| high-level managerial experience in large organizations; |
| breadth of knowledge regarding our business or industry; |
| specific skills, experience or expertise related to an area of importance to us, such as energy production, consumption, distribution or transportation, government, policy, finance or law; |
| moral character and integrity; |
| commitment to our stockholders interests; |
| ability to provide insights and practical wisdom based on experience and expertise; |
| ability to read and understand financial statements; and |
| ability to devote the time necessary to carry out the duties of a director, including attendance at meetings and consultation on company matters. |
Although we do not have a policy in regard to the consideration of diversity in identifying director nominees, qualified candidates for nomination to the board are considered without regard to race, color, religion, gender, ancestry or national origin.
Director Independence
Our Board has determined that, under NASDAQ listing standards and taking into account any applicable committee standards and rules under the Exchange Act, is an independent director. Within 90 days of our listing on the NASDAQ, we will appoint at least one additional independent director. Within one year of the date of effectiveness of the registration statement of which this prospectus is a part, we will appoint a third independent director.
Audit Committee
Prior to the listing of our common stock on the NASDAQ, we intend to have an Audit Committee and may have such other committees as the Board shall determine from time to time. The Audit Committee will have the composition and responsibilities described below.
will serve as the initial member of our Audit Committee. Within 90 days of our listing on the NASDAQ we will appoint another independent director to our Audit Committee. Within one year of the date of effectiveness of the registration statement of which this prospectus is a part, we will appoint another independent director to our Audit Committee and we will have an Audit Committee composed entirely of independent directors. Our Board has determined that is an Audit Committee financial expert as defined by the
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SEC. Each member of the Audit Committee meets or will meet criteria for independence of Audit Committee members set forth in Rule 10A-3(b)(1) under the Exchange Act.
The principal duties of the Audit Committee are to assist the Board in fulfilling its responsibility to oversee management regarding:
| systems of internal control over financial reporting and disclosure controls and procedures; |
| the integrity of the financial statements; |
| the qualifications, engagement, compensation, independence and performance of the independent auditors and our internal audit function; |
| compliance with legal and regulatory requirements; |
| review of material related party transactions; and |
| compliance with and adequacy of the code of business and ethics, review and, if appropriate, approve any requests for written waivers sought with respect to any executive officer or director under, the code of business and ethics. |
Code of Conduct
In connection with the closing of this offering, our Board will adopt a code of business conduct and ethics (the Code of Conduct) that will apply to all directors, officers and employees, including our principal executive officer, principal financial officer and principal accounting officer. Upon the closing of this offering, the Code of Conduct will be available in the Corporate Governance section of our website at www.memorialrd.com. The contents of our website are not incorporated by reference herein or otherwise a part of this prospectus. The purpose of the Code of Conduct is to promote honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships; to promote full, fair, accurate, timely and understandable disclosure in periodic reports required to be filed by us; and to promote compliance with all applicable rules and regulations that apply to us and our officers.
Executive Compensation
Although we were formed in January 2014 and have not incurred any cost or liability with respect to compensation, management incentive or retirement benefits for our executive officers for the fiscal year ended December 31, 2013 or for any prior periods, we present historical executive compensation information for our predecessor below.
Structure
MRD LLCs named executive officers identified below have also historically served as executive officers of MEMP GP. The compensation information described in this section and contained in the tables that follow reflects all compensation received by the named executive officers for the services they provide to MRD LLC as well as for the services they provide to MEMP GP and MEMP for the years covered. However, MEMP reimburses MRD LLC for costs and expenses incurred for its or MEMP GPs benefit pursuant to the terms of the omnibus agreement. See Certain Relationships and Related Party TransactionsOmnibus Agreement for more information about the omnibus agreement.
Named Executive Officers
We are currently considered an emerging growth company for purposes of the SECs executive compensation disclosure rules. In accordance with such rules, we are required to provide a Summary Compensation Table and an Outstanding Equity Awards at Fiscal Year End Table, as well as limited narrative
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disclosures. Further, our reporting obligations extend only to the individuals serving as our chief executive officers, and our two other most highly compensated executive officers and only for the two most recently completed fiscal years. MRD LLCs named executive officers for 2013 were:
Name |
Principal Position | |
John A. Weinzierl |
Chief Executive Officer | |
Andrew J. Cozby |
Vice President, Finance | |
Larry R. Forney |
Vice President, Operations & Asset Management |
Employment Agreements
Our predecessor was not party to any employment, severance or change in control agreements with any of its named executive officers. We intend to enter into change in control agreements with our executive officers in connection with the closing of this offering. Please see Compensation Following this OfferingChange in Control Agreements.
Summary Compensation Table
The following table includes the compensation earned by our predecessors named executive officers for the years ended December 31, 2013 and 2012.
Name and Position |
Year |
Salary |
Bonus |
Unit Awards (2) |
Option Awards (3) |
All Other Compensation (4) |
Total (5) |
|||||||||||||||||||||
John A. Weinzierl |
2013 | $ | 187,500 | $ | 518,750 | $ | 2,249,996 | N/A | $ | 2,618,171 | $ | 5,574,417 | ||||||||||||||||
(Chief Executive Officer) (1) |
2012 | 100,000 | | 2,500,735 | | 202,119 | 2,802,854 | |||||||||||||||||||||
Andrew J. Cozby |
2013 | $ | 250,000 | $ | 259,375 | $ | 1,207,885 | N/A | $ | 1,293,509 | $ | 3,010,769 | ||||||||||||||||
(Vice President, Finance) |
2012 | 250,000 | 148,364 | 703,661 | | 65,837 | 1,167,862 | |||||||||||||||||||||
Larry R. Forney |
2013 | $ | 250,000 | $ | 259,375 | $ | 1,231,255 | N/A | $ | 1,281,549 | $ | 3,022,179 | ||||||||||||||||
(Vice President, Operations & Asset Management) |
2012 | 250,000 | 125,000 | 508,088 | | 50,522 | 933,610 |
(1) | Mr. Weinzierl also served as President from April 2011 until January 2014. |
(2) | Reflects the aggregate grant date fair value of restricted unit awards in accordance with FASB ASC Topic 718 granted under the Memorial Production Partners GP LLC Long-Term Incentive Plan calculated by multiplying the number of restricted units granted to each executive by the closing price of MEMP common units on the date of grant. For information about assumptions made in the valuation of these awards, see Note 10 of the Notes to Consolidated and Combined Financial Statements. |
(3) | Each of the named executive officers received a grant of incentive units from MRD LLC in June 2012. We believe that, despite the fact that the incentive units do not require the payment of an exercise price, they are most similar economically to stock options, and as such, they are properly classified as options under the definition provided in Item 402(a)(6)(i) of Regulation S-K as an instrument with an option-like feature. Amounts reflected in this column reflect a grant date fair value of the incentive units in accordance with FASB ASC Topic 718 of $0. Because the performance conditions related to these awards were not deemed probable at the time of grant in 2012, no amounts have been reported in 2012 for purposes of this table. |
(4) | Amounts include (i) matching contributions under funded, qualified, defined contribution retirement plans, (ii) one-time performance bonus, (iii) the dollar value of life insurance premiums paid on behalf of such officer and (iv) the dollar value of short and long term disability insurance premiums paid on behalf of such officer. |
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(5) | Includes, in addition to the grant date fair value of MEMP unit awards described in footnote 2, amounts reimbursed by MEMP for portions of compensation allocated to MEMP. The following supplemental table presents the amounts reimbursed by MEMP to MRD LLC for compensation allocated to MEMP for each named executive officer for the years ended December 31, 2013 and 2012: |
Name |
Year |
MEMP Reimbursement |
||||
John A. Weinzierl |
2013 | $ | 372,192 | |||
2012 | 17,349 | |||||
Andrew J. Cozby |
2013 | $ | 261,281 | |||
2012 | 66,527 | |||||
Larry R. Forney |
2013 | $ | 261,281 | |||
2012 | 62,789 |
Narrative Disclosure to Summary Compensation Table
The following supplemental table presents the components of All Other Compensation for each of our predecessors named executive officers for the years ended December 31, 2013 and 2012:
Name |
Year | One-Time Performance Bonus |
Quarterly Distributions Paid On Unit Awards |
Matching Contributions 401(k) |
Other | Total All Other Compensation |
||||||||||||||||||
John A. Weinzierl |
2013 | $ | 2,293,200 | $ | 316,564 | $ | 5,917 | $ | 2,490 | $ | 2,618,171 | |||||||||||||
2012 | | 193,690 | 6,000 | 2,429 | 202,119 | |||||||||||||||||||
Andrew J. Cozby |
2013 | $ | 1,146,600 | $ | 129,419 | $ | 15,000 | $ | 2,490 | $ | 1,293,509 | |||||||||||||
2012 | | 48,408 | 15,000 | 2,429 | 65,837 | |||||||||||||||||||
Larry R. Forney |
2013 | $ | 1,146,600 | $ | 117,459 | $ | 15,000 | $ | 2,490 | $ | 1,281,549 | |||||||||||||
2012 | | 33,093 | 15,000 | 2,429 | 50,522 |
Outstanding Equity Awards
The awards reported here reflect the outstanding restricted MEMP common unit awards and incentive units issued to our predecessors named executive officers as of December 31, 2013. In connection with the restructuring transactions, the MRD LLC incentive units will be exchanged for substantially identical incentive units in MRD Holdings.
Restricted MEMP Common Unit Awards |
Option Awards (Incentive Unit Awards) |
|||||||||||||||||||||||||||
Vesting Date (1) |
Number of Units That Have Not Vested (#) |
Market Value of Units That Have Not Vested ($) (2) |
Number of Securities Underlying Unexercised Options, Unexercisable (#)(3) |
Number of Securities Underlying Unexercised Options, Exercisable (#)(3) |
Option Exercise Price ($)(3) |
Option Expiration Date(3) |
||||||||||||||||||||||
John A. Weinzierl |
Various | 209,647 | $ | 4,599,655 | 410 | 0 | N/A | N/A | ||||||||||||||||||||
Andrew J. Cozby |
Various | 90,416 | 1,983,727 | 120 | 0 | N/A | N/A | |||||||||||||||||||||
Larry R. Forney |
Various | 84,673 | 1,857,726 | 120 | 0 | N/A | N/A |
(1) | One-third vests on the first, second, and third anniversaries of each date of grant. Of the 384,736 non-vested restricted MEMP common unit awards presented in the table, approximately 150,809 vest in each of 2014 and 2015 and 83,113 vest in 2016. There were 57,013 restricted MEMP common units that vested on January 9, 2014. |
(2) | Amounts derived by multiplying the total number of restricted MEMP common unit awards outstanding for each named executive officer by the closing price of the MEMP common units at December 31, 2013 of $21.94 per unit. |
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(3) | Despite the fact that profits interests such as the incentive units do not require the payment of an exercise price, we believe that these awards are economically similar to stock options due to the fact that they have no value for tax purposes at grant and will obtain value only as the price of the underlying security rises, and as such, should be reported in this table as an Option award. The incentive units vest ratably over a three year period, although vesting will be fully accelerated upon the occurrence of an event which results in the Funds no longer owning a majority of the interests in, or possessing the right to appoint a majority of, the board of managers of, MRD LLC. All of the incentive units issued to the named executive officers were issued in June 2012. All incentive units that have not vested according to their original vesting schedule at the time a named executive officers employment with MRD LLC is terminated for any reason or no reason, including by involuntary termination, resignation, death or disability, will be automatically forfeited without payment. In addition, all incentive units (whether vested or unvested) will be automatically forfeited without payment if the executive officer is terminated for cause (as defined in the MRD LLC agreement) or the executive officer resigns. The restructuring transactions described in this prospectus are not expected to constitute a change in control resulting in the automatic vesting of the incentive units under the MRD LLC limited liability company agreement. For a description of how and when the incentive units could obtain value and receive payment, see the discussion below. |
Narrative to the Outstanding Equity Awards Table
Our predecessor granted incentive units to each of the named executive officers in order to provide them with the ability to benefit from the growth in MRD LLCs operations and business. A payout on the incentive units will occur only if, and then after, a specified level of cumulative cash distributions has been received by the Funds. Once this cumulative cash distributions threshold is achieved, all of the incentive unit holders will collectively share 10% of all further cash distributions made by MRD LLC to its members.
Potential Payments Upon Termination or Change in Control
Awards under the Memorial Production Partners GP LLC Long-Term Incentive Plan may vest and/or become exercisable, as applicable, upon a change of control of MRD LLC or MEMP GP, as determined by the plan administrator. Under the Memorial Production Partners GP LLC Long-Term Incentive Plan, a change of control will be deemed to have occurred upon one or more of the following events (i) the managers of MRD LLC appointed by the Funds or their affiliates do not constitute a majority of the board of managers of MRD LLC; (ii) MRD LLC, the Funds or any of their affiliates do not have the right to appoint or nominate a majority of the board of directors of MEMP GP; (iii) the members of MEMP GP approve and implement, in one or a series of transactions, a plan of complete liquidation of MEMP GP; (iv) the sale or other disposition by MEMP GP of all or substantially all of its assets in one or more transactions to any person or entity other than MEMP GP or an affiliate of MEMP GP or the Funds; or (v) a person or entity other than MEMP GP or an affiliate of MEMP GP or the Funds becomes the general partner of MEMP. The consequences of the termination of a grantees employment, consulting arrangement or membership on the board of managers or directors will be determined by the plan administrator in the terms of the relevant award agreement.
As described above, the vesting of the incentive units will be fully accelerated upon the occurrence of an event which results in the Funds no longer owning a majority of the interests in, or possessing the right to appoint a majority of the board of managers of, MRD LLC.
In connection with the closing of this offering, we will adopt the Memorial Resource Development Corp. 2014 Long Term Incentive Plan, as further described in Compensation Following this Offering2014 Long Term Incentive Plan, and will enter into change in control agreements with our executive officers, as further described in Compensation Following this OfferingChange in Control Agreements.
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Manager Compensation
None of MRD LLCs managers, whether or not employed by MRD LLC, received compensation for services to MRD LLC as a manager for the year ended December 31, 2013.
Compensation Following This Offering
We expect that our named executive officers will also serve as executive officers of MEMP GP. MEMP will reimburse us for costs and expenses incurred for its or MEMP GPs benefit pursuant to the terms of the omnibus agreement, including an allocated portion of each such executives compensation. See Certain Relationships and Related Party Transactions Omnibus Agreement for more information about the omnibus agreement. We will have sole responsibility and authority for compensation-related decisions for our executive officers and other personnel.
We expect to employ a compensation philosophy that will emphasize pay-for-performance, which will be based on a combination of our performance and the individuals impact on our performance and will place the majority of each officers compensation at risk. We expect that the future compensation of our executive and non-executive officers will include a significant component of incentive compensation based on our performance. The performance metrics governing incentive compensation will not be tied in any way to the performance of entities other than us. We believe this pay-for-performance approach generally aligns the interests of our executive officers with that of our stockholders, and at the same time enables us to maintain a lower level of base overhead in the event our operating and financial performance fails to meet expectations.
We will design our executive compensation to attract and retain individuals with the background and skills necessary to successfully execute our business model in a demanding environment, to motivate those individuals to reach near-term and long-term goals in a way that aligns their interest with that of our stockholders, and to reward success in reaching such goals. We expect that we will use three primary elements of compensation to fulfill that designsalary, cash bonus and long-term equity incentive awards. Cash bonuses and equity incentives (as opposed to salary) represent the performance driven elements. They are also flexible in application and can be tailored to meet our objectives. The determination of specific individuals cash bonuses reflects their relative contribution to achieving or exceeding annual goals, and the determination of specific individuals long-term incentive awards is based on their expected contribution in respect of longer term performance objectives.
We do not intend to establish a defined benefit or pension plan for our executive officers because we believe such plans primarily reward longevity rather than performance. We will provide a basic benefits package generally to all employees, which includes a 401(k) plan and health, disability and life insurance.
We expect that our named executive officers for the year ended December 31, 2014 will be the following:
Name |
Principal Position | |
John A. Weinzierl |
Chief Executive Officer | |
William J. Scarff |
President | |
Andrew J. Cozby |
Vice President and Chief Financial Officer |
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The following table sets forth the expected base salaries and expected annual target bonus opportunities for our named executive officers for 2014:
Name |
2014 Base Salary |
2014 Target Bonus | ||
John A. Weinzierl |
$ |
% | ||
William J. Scarff |
% | |||
Andrew J. Cozby |
% |
(1) | Actual bonus amounts may range from % to % of target. |
Director Compensation
Our officers or employees who also serve as our directors will not receive additional compensation for their service as a director. Our directors who are not our officers or employees will receive compensation as nonemployee directors. We expect that each non-employee director will receive an annual retainer and an additional retainer for service as the chair of the audit committee. We also expect to grant equity-based awards to non-employee directors upon appointment to the board or as of the completion of this offering and on an annual basis. The amount and form of such compensation has not yet been determined. Non-employee directors will be reimbursed for all out-of-pocket expenses incurred in connection with attending board or committee meetings. Each director will be indemnified for his actions associated with being a director to the fullest extent permitted under Delaware law.
Change in Control Agreements
We will enter into change in control agreements with our executive officers in connection with the closing of this offering. The change in control agreements will continue in effect until the earlier of (i) a separation from service other than on account of a qualifying termination (as defined below), (ii) the Companys satisfaction of all of our obligations under the change in control agreement, or (iii) the execution of a written agreement between the Company and the executive officer terminating the change in control agreement.
Under the terms of each change in control agreement, if an executives employment is terminated on account of a qualifying termination, then subject to such executives signing and not revoking a separation agreement and release of claims, then such executive will be entitled to:
| receive a lump sum payment of % of such executives (a) annual base salary and (b) target bonus, in each case, at the highest rate in effect during the twelve month period prior to the date in which the qualifying termination occurs; |
| the vesting of all outstanding unvested awards previously granted to such executive under the Memorial Resource Development Corp. 2014 Long Term Incentive Plan; |
| reimbursement for the amount of COBRA continuation premiums (less required co-pay) until the earlier of (a) twelve months following the qualifying termination and (b) such time as such executive is no longer eligible for COBRA continuation coverage; |
| financial counseling services for twelve months following the qualifying termination, subject to a maximum benefit of $30,000; and |
| outplacement counseling services for twelve months following the qualifying termination, subject to a maximum value of $30,000. |
For purposes of the above, qualifying termination means, as to any executive, the separation of service on account of (i) an involuntary termination by the Company without cause or (ii) such executives voluntary
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resignation for good reason, in each case, within six months prior to, or twenty-four months following, a change in control. The term cause means (a) such executives commission of, conviction for, plea of guilty or nolo contendere to a felony or a crime involving moral turpitude; (b) engaging in conduct that constitutes fraud, gross negligence or willful misconduct that results or would reasonably be expected to result in material harm to the Company or our business or reputation; (c) breach of any material terms of such executives employment, including any of our policies or code of conduct; or (d) failure to perform such executives duties for the Company. The term good reason means the occurrence of one of the following without an executives express written consent (i) a material reduction of such executives duties, position or responsibilities, or such executives removal from such position and responsibilities, unless such executive is offered a comparable position (i.e., a position of equal or greater organizational level, duties, authority, compensation, title and status); (ii) a material reduction by the Company of such executives base compensation (base salary and target bonus) as in effect immediately prior to such reduction; or (iii) such executive is requested to relocate (except for office relocations that would not increase such executives one way commute by more than 50 miles). The term change in control has the meaning ascribed to such term in the Memorial Resource Development Corp. 2014 Incentive Award Plan and is described in the discussion below under 2014 Long Term Incentive PlanMerger, recapitalization or change in control.
In the event that the board determines that payments to be made to an executive under the change in control agreement would constitute excess parachute payments subject to excise tax under Section 4999 of the Internal Revenue Code, then the amount of such payments shall either (i) be reduced so that such payments will not be subject to such excise tax or (ii) paid in full, whichever results in the better net after tax position for the executive.
2014 Long Term Incentive Plan
We intend to adopt the Memorial Resource Development Corp. 2014 Long Term Incentive Plan (the Plan) for the employees of the Company and our directors. The description of the Plan set forth below is a summary of the material features of the Plan. This summary is qualified in its entirety by reference to the Plan, a copy of which has been filed as an exhibit to this registration statement. The purpose of the Plan is to provide a means to attract and retain individuals to serve as our directors and employees by affording such individuals a means to acquire and maintain ownership of awards, the value of which is tied to the performance of our common stock. We have not yet made decisions regarding the type of award or the amounts of equity-based awards that will be appropriate for our employees or directors following this offering. The restricted stock units granted in connection with the closing of this offering described below should be not be interpreted as representative of the Plan awards that may be granted in the future.
The Plan will provide for potential grants of: (i) incentive stock options qualified as such under U.S. federal income tax laws (incentive options); (ii) stock options that do not qualify as incentive stock options (nonstatutory options, and together with incentive options, options); (iii) stock appreciation rights; (iv) restricted stock awards; (v) restricted stock units (RSUs); (vi) bonus stock; (vii) dividend equivalents, (viii) performance awards; (ix) annual incentive awards; and (x) other stock-based awards (collectively referred to as awards).
Administration
Our Board will administer the Plan pursuant to its terms and all applicable state, federal or other rules or laws, and may delegate its duties and responsibilities as Plan administrator to a committee composed of two or more directors, subject to certain limitations. The Plan administrator will have the power to determine to whom and when awards will be granted, determine the amount of awards (measured in cash or in shares of our common stock), proscribe and interpret the terms and provisions of each award agreement (the terms of which may vary), make determinations of fair market value, accelerate the exercise terms of an option, delegate duties under the Plan, terminate, modify or amend the Plan in certain cases and execute all other responsibilities permitted or required under the Plan. The Plan administrator shall be limited in its administration of the Plan only in the event
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that a performance award or annual incentive award intended to comply with section 162(m) of the Code requires the Board to be composed solely of outside directors at a time when not all directors are considered outside directors for purposes of section 162(m) of the Code; at such time any director that is not qualified to grant or administer such an award will recuse himself from the Boards actions with regard to that award.
Securities to be Offered
The maximum aggregate number of shares of common stock that may be issued pursuant to any and all awards under the Plan shall not exceed shares, subject to adjustment due to recapitalization or reorganization, or related to forfeitures or the expiration of awards, as provided under the Plan.
If common stock subject to any award is not issued or transferred, or ceases to be issuable or transferable for any reason, including (but not exclusively) because shares are withheld or surrendered in payment of taxes or any exercise or purchase price relating to an award or because an award is forfeited, terminated, expires unexercised, is settled in cash in lieu of common stock or is otherwise terminated without a delivery of shares, those shares of common stock will again be available for issue, transfer or exercise pursuant to awards under the Plan to the extent allowable by law.
| Options. We may grant options to eligible persons including: (i) incentive options (only to our employees or those of our subsidiaries) which comply with section 422 of the Code; and (ii) nonstatutory options. The exercise price of each option granted under the Plan will be stated in the option agreement and may vary; however, the exercise price for an option must not be less than the fair market value per share of common stock as of the date of grant (or 110% of the fair market value for certain incentive options), nor may the option be re-priced without the prior approval of our stockholders. Options may be exercised as the Board determines, but not later than ten years from the date of grant. The Board will determine the methods and form of payment for the exercise price of an option (including, in the discretion of the Board, payment in common stock, other awards or other property) and the methods and forms in which common stock will be delivered to a participant. |
Stock appreciation rights (SARs) may be awarded in connection with an option (or as SARs that stand alone, as discussed below). SARs awarded in connection with an option will entitle the holder, upon exercise, to surrender the related option or portion thereof relating to the number of shares for which the SAR is exercised. The surrendered option or portion thereof will then cease to be exercisable. Such SAR is exercisable or transferable only to the extent that the related option is exercisable or transferable.
| SARs. A SAR is the right to receive a share of common stock, or an amount equal to the excess of the fair market value of one share of the common stock on the date of exercise over the grant price of the SAR, as determined by the Board. The exercise price of a share of common stock subject to the SAR shall be determined by the Board, but in no event shall that exercise price be less than the fair market value of the common stock on the date of grant. The Board will have the discretion to determine other terms and conditions of a SAR award. |
| Restricted stock awards. A restricted stock award is a grant of shares of common stock subject to a risk of forfeiture, performance conditions, restrictions on transferability and any other restrictions imposed by the Board in its discretion. Restrictions may lapse at such times and under such circumstances as determined by the Board. Except as otherwise provided under the terms of the Plan or an award agreement, the holder of a restricted stock award will have rights as a stockholder, including the right to vote the common stock subject to the restricted stock award or to receive dividends on the common stock subject to the restricted stock award during the restriction period. The Board shall provide, in the restricted stock award agreement, whether the restricted stock will be forfeited and reacquired by us upon certain terminations of employment. Unless otherwise determined by the Board, common stock distributed in connection with a stock split or stock dividend, and other property distributed as a dividend, will be subject to restrictions and a risk of forfeiture to the same extent as the restricted stock award with respect to which such common stock or other property has been distributed. |
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| Restricted stock units. RSUs are rights to receive common stock, cash, or a combination of both at the end of a specified period. The Board may subject RSUs to restrictions (which may include a risk of forfeiture) to be specified in the RSU award agreement, and those restrictions may lapse at such times determined by the Board. Restricted stock units may be settled by delivery of common stock, cash equal to the fair market value of the specified number of shares of common stock covered by the RSUs, or any combination thereof determined by the Board at the date of grant or thereafter. Dividend equivalents on the specified number of shares of common stock covered by RSUs may be paid on a current or deferred basis, as determined by the Board on or following the date of grant. |
| Bonus stock awards. The Board will be authorized to grant common stock as a bonus stock award. The Board will determine any terms and conditions applicable to grants of common stock, including performance criteria, if any, associated with a bonus stock award. |
| Dividend equivalents. Dividend equivalents are rights to receive cash, stock, other awards, or other property equal in value to dividends paid with respect to a specified number of shares of common stock. Dividend equivalents may be awarded on a free-standing basis or in connection with another award. The Board may provide that dividend equivalents shall be paid or distributed when accrued or shall be deemed to have been reinvested in additional common stock, awards, or other investment vehicles, and be subject to such restrictions on transferability and risks of forfeiture, as determined by the Board. |
| Performance awards and annual incentive awards. The Board may designate that certain awards granted under the Plan constitute performance awards. A performance award is any award the grant, exercise or settlement of which is subject to one or more performance standards. An annual incentive award is an award based on a performance period of the fiscal year, and is also conditioned on one or more performance standards. One or more of the following business criteria for the company, on a consolidated basis, and/or for specified subsidiaries, may be used by the Board in establishing performance goals for such performance awards or annual incentive awards that are intended to meet the performance-based compensation criteria of section 162(m) of the Code: (i) earnings per share; (ii) increase in revenues; (iii) increase in cash flow; (iv) increase in cash flow from operations; (v) increase in cash flow return; (vi) return on net assets; (vii) return on assets; (viii) return on investment; (ix) return on capital; (x) return on equity; (xi) economic value added; (xii) operating margin; (xiii) contribution margin; (xiv) net income; (xv) net income per share; (xvi) pretax earnings; (xvii) pretax operating earnings after interest expense and before incentives, service fees and extraordinary or special items; (xviii) pretax earnings before interest, depreciation and amortization; (xix) total stockholder return; (xx) debt reduction; (xxi) market share; (xxii) change in the fair market value of the common stock; (xxiii) operating income; or (xxiv) lease operating expenses. The Board may exclude the impact of any of the following events or occurrences which the Board determines should appropriately be excluded: (i) asset write-downs; (ii) litigation, claims, judgments or settlements; (iii) the effect of changes in tax law or other such laws or regulations affecting reported results; (iv) accruals for reorganization and restructuring programs; (v) any extraordinary, unusual or nonrecurring items as described in the Accounting Standards Codification Topic 225, as the same may be amended or superseded from time to time; (vi) any change in accounting principles as defined in the Accounting Standards Codification Topic 250, as the same may be amended or superseded from time to time; (vii) any loss from a discontinued operation as described in the Accounting Standards Codification Topic 360, as the same may be amended or superseded from time to time; (viii) goodwill impairment charges; (ix) operating results for any business acquired during the calendar year; (x) third party expenses associated with any acquisition by us or any subsidiary; and (xi) to the extent set forth with reasonable particularity in connection with the establishment of performance goals, any other extraordinary events or occurrences identified by the Board. The Board may also use any of the above goals determined on an absolute or relative basis or as compared to the performance of a published or special index deemed applicable by the Board including, but not limited to, the Standard & Poors 500 stock index or a group of comparable companies. |
| Other stock-based awards. The Board is authorized, subject to limitations under applicable law, to grant such other awards that may be denominated or payable in, valued in whole or in part by reference to, or |
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otherwise based on, or related to, our common stock, as deemed by the Board to be consistent with the purposes of the Plan. These other awards could include convertible or exchangeable debt securities, other rights convertible or exchangeable into common stock, purchase rights for common stock, awards with value and payment contingent upon performance of the Company or any other factors designated by the Board, and awards valued by reference to the book value of our common stock or the value of securities of or the performance of specified subsidiaries of the Company. The Board shall determine the terms and conditions of these awards. |
Performance awards or annual incentive awards granted to eligible persons who are deemed by the Board to be covered employees pursuant to section 162(m) of the Code shall be administered in accordance with the rules and regulations issued under section 162(m) of the Code. The Board may also impose individual performance criteria on the awards, which, if required for compliance with section 162(m) of the Code, will be approved by our stockholders. In any calendar year, a covered employee may not be granted an award of more than of our shares of stock, or cash-based award having a value of more than $ .
Tax withholding. At our discretion, subject to conditions that the Board may impose, a participants minimum statutory tax withholding with respect to an award may be satisfied by withholding from any payment related to an award or by the withholding of shares of common stock issuable pursuant to the award based on the fair market value of the shares.
Merger, recapitalization or change in control. If any change is made to our capitalization, such as a stock split, stock combination, stock dividend, exchange of shares or other recapitalization, merger or otherwise, which results in an increase or decrease in the number of outstanding shares of common stock, appropriate adjustments will be made by the Board in the shares subject to an award under the Plan. We will also have the discretion to make certain adjustments to awards in the event of a change in control, such as accelerating the exercisability of options or SARs, requiring the surrender of an award, with or without consideration, or making any other adjustment or modification to the award we feel is appropriate in light of the specific transaction.
A change in control is defined in the Plan to mean (i) subject to certain exceptions, the acquisition by a person or group of more than 50% of shares of our outstanding common stock or the total combined voting power of our outstanding securities, (ii) individuals who constitute our incumbent board cease for any reason to constitute at least a majority of the Board, (iii) a merger, consolidation, reorganization or business combination or the sale or other disposition of all or substantially all of our assets or an acquisition of assets of another entity unless following such transaction, (a) our stockholders continue to own more than 50% of the voting power of the resulting entity, (b) no person (excluding any entity controlled by or under common control with NGP Energy Capital Management, L.L.C.) beneficially owns, directly or indirectly, 20% or more of the then outstanding shares of common stock or common equity interests of the resulting entity or the combined voting power of the then outstanding voting securities to the extent that such ownership results solely from ownership of the Company prior to the transaction or event and (c) a majority of the members of the board of directors of the resulting entity were members of our incumbent board at the time of the action of our Board providing for such transaction or event or (iv) approval by our stockholders of the Companys complete liquidation or dissolution.
Awards To Be Granted Following This Offering
Following the consummation of this offering, we expect that our Board will approve an award of restricted stock units under the Plan to certain of our key employees, including each of our executive officers. We currently expect that these awards will contain a combination of time and performance-based vesting conditions, with a three-year annual vesting schedule. However, the number of shares subject to the awards and the precise terms and conditions of the restricted stock units have not yet been finally determined or approved.
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PRINCIPAL AND SELLING STOCKHOLDERS
The following table provides certain information regarding the beneficial ownership of our outstanding capital stock as of , 2014, and after giving effect to the offering and the restructuring transactions, for:
| each person who then will beneficially own more than 5% of the then outstanding capital stock on a fully diluted basis; |
| each of our directors and director nominees; |
| each of our named executive officers; and |
| all of our directors, director nominees and executive officers as a group. |
The amounts and percentages of common stock beneficially owned are reported on the basis of regulations of the SEC governing the determination of beneficial ownership of securities. Under the rules of the SEC, a person is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power to vote or to direct the voting of such security, or investment power, which includes the power to dispose of or to direct the disposition of such security. A person is also deemed to be a beneficial owner of any securities of which that person has a right to acquire beneficial ownership within 60 days. Under these rules, more than one person may be deemed a beneficial owner of the same securities and a person may be deemed a beneficial owner of securities as to which he has no economic interest. Except as indicated by footnote and in the next paragraph, the persons named in the table below have sole voting and investment power with respect to all shares of common stock shown as beneficially owned by them. Unless otherwise noted, the mailing address of each person or entity named in the table is 1301 McKinney Street, Suite 2100, Houston, Texas 77010.
Upon the closing of this offering, the group consisting of MRD Holdings, Messrs. Bahr and Graham, and certain other former management members of WildHorse Resources will continue to control a majority of our voting common stock. As a result, we will be a controlled company within the meaning of the NASDAQ listing rules. However, the number of shares reflected in the table below as beneficially owned by each of the members of that group does not include shares held by the other members of that group that are subject to the terms of the voting agreement pursuant to which, among other things, such group members have agreed to vote as directed by MRD Holdings.
MRD Holdings has granted the underwriters the option to purchase up to an additional shares of common stock and will sell such shares only to the extent such option is exercised. MRD Holdings is deemed under federal securities laws to be an underwriter with respect to the common stock it may sell in connection with this offering. The number of shares being offered by MRD Holdings in the table below assumes no exercise of the underwriters option to purchase additional shares of common stock from MRD Holdings.
The table does not reflect any common stock that directors and named executive officers may purchase in this offering through the directed share program described under Underwriting.
Shares beneficially owned prior to offering |
Shares being offered |
Shares beneficially owned after offering |
||||||||||||||
Name of beneficial owner |
Number | Percentage | Number | Percentage | ||||||||||||
MRD Holdings LLC (MRD Holdings)(1) |
% | % | ||||||||||||||
Kenneth A. Hersh(2) |
% | | % | |||||||||||||
Anthony Bahr(3) |
% | | % | |||||||||||||
Jay Graham(3) |
% | | % | |||||||||||||
Tony R. Weber |
% | | % | |||||||||||||
John A. Weinzierl |
% | | % | |||||||||||||
Scott A. Gieselman |
% | | % | |||||||||||||
William J. Scarff |
% | | % | |||||||||||||
Andrew J. Cozby |
% | | % | |||||||||||||
Larry R. Forney |
% | | % | |||||||||||||
All executive officers, directors and director nominees as a group (10 persons) |
% | | % |
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(1) | The board of managers of MRD Holdings has voting and dispositive power over these shares. The board of managers of MRD Holdings consists of John A. Weinzierl, Kenneth A. Hersh, Scott A. Gieselman and Tony R. Weber, none of whom individually have voting and dispositive power over these shares. Each such person expressly disclaims beneficial ownership over these shares, except to the extent of any pecuniary interest therein. MRD LLC is owned by Natural Gas Partners VIII, L.P. (NGP VIII), Natural Gas Partners IX, L.P. (NGP IX) and NGP IX Offshore Holdings, L.P. (NGP IX Offshore). NGP VIII, NGP IX and NGP IX Offshore may be deemed to share voting and dispositive power over the reported securities; thus, each may also be deemed to be the beneficial owner of these securities. Each of NGP VIII, NGP IX and NGP IX Offshore disclaims beneficial ownership of the reported securities in excess of such entitys respective pecuniary interest in the securities. G.F.W. Energy VIII, L.P., GFW VIII, L.L.C., G.F.W. Energy IX, L.P. and GFW IX, L.L.C. may be deemed to beneficially own the shares held by Memorial Resource Development LLC that are attributable to NGP VIII, NGP IX and NGP IX Offshore by virtue of GFW VIII, L.L.C. being the sole general partner of G.F.W. Energy VIII, L.P. (which is the general partner of NGP VIII) and GFW IX, L.L.C. being the sole general partner of G.F.W. Energy IX, L.P. (which is the general partner of NGP IX and NGP IX Offshore). Kenneth A. Hersh, one of our directors and who is an Authorized Member of each of GFW VIII, L.L.C. and GFW IX, L.L.C., may also be deemed to share the power to vote, or to direct the vote, and to dispose, or to direct the disposition, of those shares. Mr. Hersh does not own directly any shares. |
(2) | G.F.W. Energy VIII, L.P., GFW VIII, L.L.C., G.F.W. Energy IX, L.P. and GFW IX, L.L.C. may be deemed to beneficially own the shares held by Memorial Resource Development LLC that are attributable to NGP VIII, NGP IX and NGP IX Offshore by virtue of GFW VIII, L.L.C. being the sole general partner of G.F.W. Energy VIII, L.P. (which is the general partner of NGP VIII) and GFW IX, L.L.C. being the sole general partner of G.F.W. Energy IX, L.P. (which is the general partner of NGP IX and NGP IX Offshore). Kenneth A. Hersh, one of our directors and who is an Authorized Member of each of GFW VIII, L.L.C. and GFW IX, L.L.C., may also be deemed to share the power to vote, or to direct the vote, and to dispose, or to direct the disposition, of those shares. Mr. Hersh does not own directly any shares. |
(3) | The address for these beneficial owners is 9805 Katy Freeway, Suite 400, Houston, TX 77024. |
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CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS
Corporate Restructuring
In connection with our corporate restructuring, we will engage in transactions with certain affiliates and our existing equity holders. See Restructuring Transactions for a description of these transactions.
Historical Transactions with Affiliates
MRD LLC was formed in April 2011 and capitalized in connection with the December 2011 initial public offering of MEMP. The limited liability company agreement of MRD LLC provides for a number of different classes of units, all of which are currently owned by the Funds. In June 2012, MRD LLC issued incentive units to certain of its officers and employees. These incentive units only participate in distributions upon liquidation events meeting certain requisite financial return thresholds. Before the closing of this offering, the Funds will contribute all of their ownership of MRD LLC to MRD Holdings and the owners of incentive units in MRD LLC will exchange those interests for substantially identical incentive units in MRD Holdings.
Voting Agreement
In connection with the closing of this offering, MRD Holdings will enter into a voting agreement with certain former management members of WildHorse Resources that are contributing their ownership of WildHorse Resources to us in the restructuring transactions. Among other things, the voting agreement will provide that those former management members of WildHorse Resources will vote all of their shares of our common stock as directed by MRD Holdings. The voting agreement will also prohibit the transfer of any shares of our common stock by the former management members of WildHorse Resources until after the termination of the services agreement described below.
Further, so long as the services agreement is in effect, the former management members of WildHorse Resources will have the right to appoint two board observers, Anthony Bahr and Jay Graham (or their respective designees), to attend all meetings of our Board in a non-voting, observer capacity. No board observer will have a vote on our Board. The members of the Board can exclude any board observer from any board meeting so that the members of the Board may meet in executive session, to protect attorney-client privilege, or in connection with a conflict of interest.
The voting agreement will also provide MRD Holdings with the right to designate up to three nominees to our Board, provided that such number of nominees shall be reduced to two, one and zero if the Funds and their affiliates collectively own less than 35%, 15% and 5%, respectively, of the outstanding shares of our common stock. The voting agreement will also require the stockholders party thereto to take all necessary actions, to the fullest extent permitted by applicable law (including with respect to any fiduciary duties under Delaware law), including voting their shares of our common stock, to cause the election of the nominees designated by MRD Holdings. In addition, the voting agreement will provide that for so long as MRD Holdings has the right to designate two directors to the board, we will cause any committee of our board to include in its membership at least one director designated by MRD Holdings, except to the extent that such membership would violate applicable securities laws or stock exchange rules.
Registration Rights Agreement
In connection with the closing of this offering, we will enter into a registration rights agreement with MRD Holdings and former management members of WildHorse Resources, Jay Graham (Graham) and Anthony Bahr (Bahr). Pursuant to the registration rights agreement, we have agreed to register the sale of shares of our common stock under certain circumstances.
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Demand Rights
At any time after the 180 day lock-up period, as described in Underwriting, and subject to the limitations set forth below, each of MRD Holdings, Graham and Bahr (or their permitted transferees) has the right to require us, by written notice, to prepare and file a registration statement registering the offer and sale of a certain number of their shares of common stock. Generally, we are required to provide notice of the request within five business days following the receipt of such demand request to all other holders of registrable securities, who may, in certain circumstances, participate in the registration. Subject to certain exceptions, we will not be obligated to effect a demand registration within 90 days after the closing of any underwritten offering of shares of our common stock. Further, we are not obligated to effect, (i) at the request of MRD Holdings, more than a total of three demand registrations through December 31, 2016 or, after January 1, 2017, more than one demand registration per calendar year; and (ii) any demand registrations at the request of either Graham or Bahr before the termination of the services agreement described below or, after the termination of the services agreement, more than two demand registrations at the request of each of Graham or Bahr.
We are also not obligated to effect any demand registration in which the anticipated aggregate offering price included in such offering is less than $50 million. Once we are eligible to effect a registration on Form S-3, any such demand registration may be for a shelf registration statement. We will be required to use all commercially reasonable efforts to maintain the effectiveness of any registration statement until all shares covered by such registration statement have been sold.
In addition, each of MRD Holdings, Graham and Bahr (or their permitted transferees) has the right to require us, subject to certain limitations, to effect a distribution of any or all of their shares of common stock by means of an underwritten offering. In general, any demand for an underwritten offering (other than the first requested underwritten offering made in respect of a prior demand registration and other than a requested underwritten offering made concurrently with a demand registration) shall constitute a demand request subject to the limitations set forth above.
Piggyback Rights
Subject to certain exceptions, if at any time we propose to register an offering of common stock or conduct an underwritten offering, whether or not for our own account, then we must notify MRD Holdings, Graham and Bahr (or their permitted transferees) of such proposal at least five business days before the anticipated filing date or commencement of the underwritten offering, as applicable, to allow them to include a specified number of their shares in that registration statement or underwritten offering, as applicable.
Conditions and Limitations; Expenses
These registration rights are subject to certain conditions and limitations, including the right of the underwriters to limit the number of shares to be included in a registration and our right to delay or withdraw a registration statement under certain circumstances. We will generally pay all registration expenses in connection with our obligations under the registration rights agreement, regardless of whether a registration statement is filed or becomes effective.
Omnibus Agreement
On December 14, 2011, in connection with the closing of MEMPs initial public offering, MRD LLC entered into an omnibus agreement with MEMP and its general partner. When the restructuring transactions are completed, we will succeed to all of MRD LLCs duties and obligations under the omnibus agreement.
Pursuant to the omnibus agreement, MEMP is required to reimburse us for all expenses incurred by us (or payments made on MEMPs behalf) in conjunction with our provision of general and administrative services to
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MEMP, including, but not limited to, public company expenses and an allocated portion of the salary and benefits of the executive officers of MEMPs general partner and our other employees who perform services for MEMP or on MEMPs behalf. MEMP is also obligated to reimburse us for insurance coverage expenses we incur with respect to MEMPs business and operations and with respect to director and officer liability coverage for the officers and directors of MEMPs general partner.
Pursuant to the omnibus agreement, we will indemnify MEMPs general partner and MEMP against (i) title defects and (ii) income taxes attributable to pre-closing ownership or operation of the assets we contributed to MEMP in connection with MEMPs initial public offering, including any income tax liabilities related to such contribution occurring on or prior to the closing of MEMPs initial public offering.
Our indemnification obligation will survive until December 2014 with respect to title defects and (ii) for sixty days after the expiration of the applicable statute of limitations with respect to income taxes. All title claims are subject to a $25,000 per claim de minimus exception and an aggregate $2,000,000 deductible.
Pursuant to the omnibus agreement, MEMP must indemnify us for any liabilities incurred by us attributable to the operating and administrative services provided to MEMP under the omnibus agreement, other than liabilities resulting from our bad faith, fraud, gross negligence or willful misconduct. In addition, we must indemnify MEMP for any liability MEMP incurs as a result of our bad faith or willful misconduct in providing operating and administrative services under the omnibus agreement. We may terminate the omnibus agreement in the event that we cease to be an affiliate of MEMP and may also terminate the omnibus agreement in the event of MEMPs material breach of the agreement, including failure to pay amounts due thereunder in accordance with its terms.
Under the omnibus agreement, none of the parties thereto nor any of their respective affiliates have any obligation to offer, or provide any opportunity to pursue, purchase or invest in, any business opportunity to any other party or their affiliates. Furthermore, the omnibus agreement does not restrict any of the parties thereto and their respective affiliates from competing with either us, MEMP or MEMPs general partner.
Beta Management Agreement
On December 12, 2012, MRD LLC entered into a management agreement with its wholly-owned subsidiary, Beta Operating Company, LLC pursuant to which MRD LLC agreed to provide management and administrative oversight with respect to the services provided by such subsidiary under certain operating agreements with a subsidiary of MEMP, in exchange for an annual management fee. When the restructuring transactions are completed, we will succeed to this management agreement and we will receive approximately $0.4 million from MEMP annually under that agreement.
Services Agreement
Upon the closing of this offering, we will enter into a services agreement with WildHorse Resources and WildHorse Resources Management Company, LLC (WHR Management), pursuant to which WHR Management Company will provide operating and administrative services to us for twelve months relating to the Terryville Complex. In exchange for such services, we will pay a monthly management fee to WHR Management.
WHR Management may only terminate the services agreement by providing 90-days prior written notice to the Company after the six-month anniversary of the date of the agreement. We may terminate the services agreement at any time by providing written notice to WHR Management. The services agreement may only be assigned by either party with the other partys consent. Upon the closing of this offering, WHR Management will be a subsidiary of WildHorse Resources II, LLC, an affiliate of MRD LLC and the Company. NGP and certain former management members of WildHorse Resources own WildHorse Resources II, LLC.
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Gas Processing Agreement
On March 17, 2014, WildHorse Resources, which will become our wholly-owned subsidiary in connection with the restructuring transactions to be entered into in connection with the completion of this offering, entered into a gas processing agreement with PennTex North Louisiana, LLC (PennTex). PennTex is a joint venture among certain affiliates of NGP in which MRD Midstream LLC owns a minority interest. Once PennTexs processing plant becomes operational, it will process natural gas produced from wells located on certain leases owned by WildHorse Resources in the state of Louisiana. The agreement has a 15-year primary term, subject to one year extensions at either partys election. WildHorse Resources will pay PennTex a monthly fee, subject to an annual inflationary escalation, based on volumes of natural gas delivered and processed. Once the plant is declared operational, WildHorse Resources will be obligated to pay a minimum processing fee equal to approximately $18.3 million on an annual basis, subject to certain adjustments and conditions. The gas processing agreement requires that the processing plant be operational no later than November 1, 2015.
Repurchase of Net Profits Interests
On February 28, 2014, WildHorse Resources, which will become our wholly-owned subsidiary in connection with the restructuring transactions to be entered into in connection with the completion of this offering, repurchased net profits interests from an affiliate of NGP for $63.4 million after customary adjustments. These net profits interests were originally sold to the NGP affiliate upon the completion of certain acquisitions in 2010 by WildHorse Resources.
Dispositions of Oil and Natural Gas Producing Properties to the Partnership
We have divested long-lived producing oil and natural gas properties to the Partnership through the following drop down transactions:
| In April 2012, we sold 22 Bcfe of proved reserves located in East Texas to the Partnership for cash consideration of approximately $18.5 million; |
| In May 2012, we sold an additional 28 Bcfe of proved reserves in East Texas to the Partnership for a final purchase price of approximately $27.0 million; |
| In March 2013, we sold 162 Bcfe of proved reserves located in East Texas to the Partnership for cash consideration of approximately $200.0 million; |
| In October 2013, we sold 99 Bcfe of proved reserves located in East Texas and the Rocky Mountains to the Partnership for cash consideration of approximately $96.3 million; and |
| In April 2014, we sold approximately 15 Bcfe of proved reserves located in East Texas to the Partnership for cash consideration of approximately $34.0 million, subject to customary post-closing adjustments. |
Procedures for Approval of Related Party Transactions
Prior to the closing of this offering, we have not maintained a policy for approval of related party transactions. A related party transaction is a transaction, arrangement or relationship in which we or any of our subsidiaries was, is or will be a participant, the amount of which involved exceeds $120,000, and in which any related person had, has or will have a direct or indirect material interest. A related person means:
| any person who is, or at any time during the applicable period was, one of our executive officers or one of our directors; |
| any person who is known by us to be the beneficial owner of more than 5% of our common stock; |
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| any immediate family member of any of the foregoing persons, which means any child, stepchild, parent, stepparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law or sister-in-law of a director, executive officer or a beneficial owner of more than 5% of our common stock, and any person (other than a tenant or employee) sharing the household of such director, executive officer or beneficial owner of more than 5% of our common stock; and |
| any firm, corporation or other entity in which any of the foregoing persons is a partner or principal or in a similar position or in which such person has a 10% or greater beneficial ownership interest. |
We anticipate that our Board will adopt a written related party transactions policy prior to the completion of this offering. Pursuant to this policy, we expect that our Audit Committee will review all material facts of all related party transactions.
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We are a Delaware corporation recently formed by MRD LLC. As part of the corporate restructuring that will occur in connection with the closing of this offering, MRD LLC and former WildHorse Resources management will contribute equity interests in certain entities to us in exchange for cash and shares of our common stock. See Description of Capital Stock for additional information regarding the terms of our amended and restated certificate of incorporation and amended and restated bylaws as will be in effect upon the closing of this offering.
The corporate restructuring will consist of the following steps, to be taken on or before the closing date of this offering:
| The Funds will contribute all of their interests in MRD LLC to MRD Holdings and the members of our management who own incentive units in MRD LLC will exchange those incentive units for substantially identical incentive units in MRD Holdings, after which MRD Holdings will own 100% of MRD LLC; |
| WildHorse Resources will sell its subsidiary, WildHorse Resources Management Company, LLC (which holds certain immaterial assets related to our WildHorse Resources operations), to an affiliate of the Funds for approximately $3 million in cash, and that subsidiary will enter into a services agreement with WildHorse Resources pursuant to which that subsidiary will provide transition services to WildHorse Resources; |
| MRD LLC will contribute to us substantially all of its assets, comprised of: |
| 100% of the ownership interests in Classic Hydrocarbons Holdings, L.P., Classic Hydrocarbons GP Co., L.L.C., Black Diamond Minerals, LLC, Beta Operating Company, LLC and MRD Operating LLC; |
| 99.9% of the membership interests in WildHorse Resources, the owner of our properties in the Terryville Complex; and |
| MEMP GP (including MEMP GPs ownership of 50% of MEMPs incentive distribution rights); |
| We will issue shares of our common stock to MRD LLC, which MRD LLC will immediately distribute to MRD Holdings; |
| We will assume the obligations of MRD LLC under the PIK notes, including the obligation to pay interest on the PIK notes if this offering closes before June 15, 2014 or to reimburse MRD LLC for the June 15, 2014 interest payment made on the PIK notes if this offering closes after June 15, 2014; |
| Certain former management members of WildHorse Resources will contribute to us their outstanding incentive units in WildHorse Resources, as well as the remaining 0.1% of the membership interests in WildHorse Resources, and we will issue shares of our common stock and pay cash consideration of approximately $ to such former management members of WildHorse Resources; |
| We will enter into a registration rights agreement and a voting agreement with MRD Holdings and certain former management members of WildHorse Resources; |
| We will enter into our new $2.0 billion revolving credit facility and will use approximately $ million in borrowings under that facility to repay all amounts outstanding under WildHorse Resources credit agreements, to pay the cash consideration payable to the former management members of WildHorse Resources and, if applicable, to reimburse MRD LLC for the June 15, 2014 interest payment made on the PIK notes; |
| Our subsidiary MRD Operating LLC will enter into a merger agreement with MRD LLC pursuant to which (i) after the redemption of the PIK notes as described below, MRD LLC will merge into MRD Operating LLC, (ii) until the date of such merger, MRD LLC will continue to perform under certain ancillary commercial contracts to which it is a party in support of its current operations for our benefit (such as office leases and drilling contracts), (iii) all amounts received under such contracts will be for our benefit and (iv) we will be responsible for all amounts owing under such contracts; and |
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| We will give notice of redemption to the holders of the PIK notes, which will specify a redemption date of 30 days after the closing of this offering, and we will use a portion of the net proceeds from this offering to redeem all outstanding PIK notes, including paying any applicable premium and accrued and unpaid interest, if any, to the date of redemption. Until the redemption date or any earlier discharge date of the PIK notes, we will use the amount to be paid to the holders of these notes to temporarily reduce amounts outstanding under our new revolving credit facility. |
From the closing date of this offering until the date upon which the PIK notes are redeemed and the PIK notes indenture is terminated, MRD LLC will remain a subsidiary of MRD Holdings. During that time, MRD LLC will distribute to MRD Holdings:
| BlueStone, which sold substantially all of its assets in July 2013 for $117.9 million, MRD Royalty, which owns certain immaterial leasehold interests and overriding royalty interests in Texas and Montana, MRD Midstream, which owns an indirect interest in certain immaterial midstream assets in North Louisiana, and Classic Pipeline, which owns certain immaterial midstream assets in Texas; |
| 5,360,912 subordinated units of MEMP representing an approximate 8.7% limited partner interest in MEMP; and |
| The right to the $50 million of cash to be released from the debt service reserve account in connection with the redemption of the PIK notes (or, if the closing of this offering occurs after June 15, 2014, the right to the amount remaining in such account plus the cash received from us in reimbursement of the interest paid on June 15, 2014 in respect of the PIK notes). |
The redemption date of the PIK notes will be approximately 30 days after the closing of this offering. We will have the option to pay the full redemption amount (including any applicable premium and accrued and unpaid interest to the redemption date) to the PIK notes trustee at any time before the redemption date. If we deposit that amount with the PIK notes trustee in advance of the redemption date together with irrevocable instructions to use such amount for the redemption on the redemption date, then our obligations under the PIK notes indenture will be discharged on the date of such deposit. We may choose to so deposit that amount with the PIK notes trustee in advance of the redemption date. After the PIK notes indenture is terminated or discharged, as the case may be, MRD LLC will merge into MRD Operating LLC. At that time, MRD LLCs sole assets will be the commercial contracts noted above and relating to the businesses owned by us.
Limited Liability Company Agreement of MRD Holdings
In connection with the completion of this offering, the members of MRD Holdings, including the Funds and certain members of our management team, will enter into a limited liability company agreement of MRD Holdings, or the LLC Agreement. Among other things, the LLC Agreement will provide the mechanism by which MRD Holdings will vote the shares of our common stock that it holds and the circumstances in which distributions will be made to the members of MRD Holdings.
The LLC Agreement will provide that the board of directors of MRD Holdings will consist of:
| our Chief Executive Officer; and |
| three directors appointed by the Funds. |
In addition, the LLC Agreement will provide that MRD Holdings and its members will agree to vote the shares of our common stock held by MRD Holdings in favor of the election of these four directors to our Board.
Under the LLC Agreement, the board of directors of MRD Holdings has the authority to cause MRD Holdings to vote its shares of our common stock in its discretion. See Principal and Selling Stockholders for a description of the ownership of the voting interests of MRD Holdings and the Funds.
The LLC Agreement will provide that MRD Holdings will make distributions to its members in certain circumstances, including in connection with a change of control of us and any secondary sales of our common
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stock by MRD Holdings. In addition, on a date to be determined in accordance with the LLC Agreement, MRD Holdings may distribute all remaining shares of our common stock to its members based on a valuation at such time. The number of shares that members of our management team receive will increase to the extent that the return on investment ultimately realized by the Funds, or their successors as members of MRD Holdings, increases.
The following diagram shows our ownership structure before giving effect to the restructuring transactions and this offering.
(1) | The Funds refer collectively to Natural Gas Partners VIII, L.P., Natural Gas Partners IX, L.P. and NGP IX Offshore Holdings, L.P., which collectively own all of the membership interests in MRD LLC. Please read Principal and Selling Stockholders for information regarding beneficial ownership. The Funds collectively indirectly own 50% of the Partnerships incentive distribution rights. |
(2) | MRD LLC owns 99.9% of the membership interests in WildHorse Resources; former management members of WildHorse Resources own the remaining 0.1%. |
(3) | Includes Classic Hydrocarbons Holdings, L.P. (Classic), Classic Hydrocarbons GP Co., L.L.C. (Classic GP), Black Diamond Minerals, LLC (Black Diamond), Beta Operating Company, LLC (Beta Operating), BlueStone Natural Resources Holdings, LLC (BlueStone), MRD Royalty LLC (MRD Royalty), MRD Midstream LLC (MRD Midstream) and Classic Pipeline & Gathering, LLC (Classic Pipeline). |
(4) | As of December 31, 2013. |
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The following diagram shows our ownership structure after giving effect to the restructuring transactions and this offering, assuming no exercise of the underwriters option to purchase additional shares from MRD Holdings and does not give effect to shares of common stock reserved for future issuance under the Memorial Resource Development Corp. 2014 Long Term Incentive Plan (described in Management2014 Long Term Incentive Plan).
(1) | If the underwriters exercise in full their option to purchase additional shares of common stock from MRD Holdings, the ownership interest of the public stockholders will increase to shares of common stock, representing an aggregate % ownership interest in us, and MRD Holdings will own shares of common stock, representing an aggregate % ownership interest in us. |
(2) | As of December 31, 2013. |
(3) | The Funds refer collectively to Natural Gas Partners VIII, L.P., Natural Gas Partners IX, L.P. and NGP IX Offshore Holdings, L.P., which collectively own all of the membership interests in MRD Holdings. Please read Principal and Selling Stockholders for information regarding beneficial ownership. The Funds collectively indirectly own 50% of the Partnerships incentive distribution rights. |
(4) | Subsidiaries of MRD Holdings following the restructuring transactions will include BlueStone Natural Resources Holdings, LLC (BlueStone), MRD Royalty LLC (MRD Royalty), MRD Midstream LLC (MRD Midstream) and Classic Pipeline & Gathering, LLC (Classic Pipeline). Also, please see the Principal and Selling Stockholders table on page 137 for the beneficial ownership of our shares by our executive officers and directors. |
(5) | Includes Classic Hydrocarbons Holdings, L.P. (Classic), Classic Hydrocarbons GP Co., L.L.C. (Classic GP), Black Diamond Minerals, LLC (Black Diamond) and Beta Operating Company, LLC (Beta Operating). |
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Upon completion of this offering, our authorized capital stock will consist of shares of common stock, $ par value per share, of which shares will be issued and outstanding, and shares of preferred stock, $ par value per share, of which no shares will be issued and outstanding.
The following summary of our capital stock, our amended and restated certificate of incorporation and our amended and restated bylaws do not purport to be complete and are qualified in their entirety by reference to the provisions of applicable law and to our amended and restated certificate of incorporation and amended and restated bylaws, forms of which are filed as exhibits to the registration statement of which this prospectus is a part and which will become effective at or around the effective time of such registration statement.
Common Stock
Except as provided by law or in a preferred stock designation, holders of common stock are entitled to one vote for each share held of record on all matters submitted to a vote of the stockholders, will have the exclusive right to vote for the election of directors and do not have cumulative voting rights. Except as otherwise required by law, holders of common stock are not entitled to vote on any amendment to the amended and restated certificate of incorporation (including any certificate of designations relating to any series of preferred stock) that relates solely to the terms of any outstanding series of preferred stock if the holders of such affected series are entitled, either separately or together with the holders of one or more other such series, to vote thereon pursuant to the amended and restated certificate of incorporation (including any certificate of designations relating to any series of preferred stock) or pursuant to the DGCL. Subject to prior rights and preferences that may be applicable to any outstanding shares or series of preferred stock, holders of common stock are entitled to receive ratably in proportion to the shares of common stock held by them such dividends (payable in cash, stock or otherwise), if any, as may be declared from time to time by our Board out of funds legally available for dividend payments. All outstanding shares of common stock are fully paid and non-assessable, and the shares of common stock to be issued upon completion of this offering will be fully paid and non-assessable. The holders of common stock have no preferences or rights of conversion, exchange, pre-emption or other subscription rights. There are no redemption or sinking fund provisions applicable to the common stock. In the event of any voluntary or involuntary liquidation, dissolution or winding-up of our affairs, holders of common stock will be entitled to share ratably in our assets in proportion to the shares of common stock held by them that are remaining after payment or provision for payment of all of our debts and obligations and after distribution in full of preferential amounts to be distributed to holders of outstanding shares of preferred stock, if any.
Preferred Stock
Our amended and restated certificate of incorporation authorizes our Board, subject to any limitations prescribed by law, without further stockholder approval, to establish and to issue from time to time one or more classes or series of preferred stock, par value $ per share, covering up to an aggregate of shares of preferred stock. Each class or series of preferred stock will cover the number of shares and will have the powers, preferences, rights, qualifications, limitations and restrictions determined by the Board, which may include, among others, dividend rights, liquidation preferences, voting rights, conversion rights, preemptive rights and redemption rights. Except as provided by law or in a preferred stock designation, the holders of preferred stock will not be entitled to vote at or receive notice of any meeting of stockholders.
Anti-Takeover Effects of Provisions of Our Amended and Restated Certificate of Incorporation, Our Amended and Restated Bylaws and Delaware Law
Some provisions of Delaware law and our amended and restated certificate of incorporation and our amended and restated bylaws contain provisions that could make the following transactions more difficult: acquisitions of us by means of a tender offer, a proxy contest or otherwise; or removal of our incumbent officers
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and directors. These provisions may also have the effect of preventing changes in our management. It is possible that these provisions could make it more difficult to accomplish or could deter transactions that stockholders may otherwise consider to be in their best interest or in our best interests, including transactions that might result in a premium over the market price for our shares.
These provisions are expected to discourage coercive takeover practices and inadequate takeover bids. These provisions are also designed to encourage persons seeking to acquire control of us to first negotiate with us. We believe that the benefits of increased protection and our potential ability to negotiate with the proponent of an unfriendly or unsolicited proposal to acquire or restructure us outweigh the disadvantages of discouraging these proposals because, among other things, negotiation of these proposals could result in an improvement of their terms.
Delaware Law
Upon completion of this offering, we will be subject to the provisions of Section 203 of the DGCL, which regulates corporate takeovers. In general, those provisions prohibit a Delaware corporation, including those whose securities are listed for trading on the NASDAQ, from engaging in any business combination with any interested stockholder for a period of three years following the date that the stockholder became an interested stockholder, unless:
| the business combination or transaction in which the person became interested is approved by the Board before the date the interested stockholder attained that status; |
| upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced other than, for purposes of determining the voting stock outstanding (but not the outstanding stock owned by the interested stockholder), shares owned by persons who are directors and also officers of us and by certain employee stock plans; or |
| on or after such time the business combination is approved by the Board and authorized at a meeting of stockholders by at least two-thirds of the outstanding voting stock that is not owned by the interested stockholder. |
Section 203 defines business combination to include the following:
| certain mergers or consolidations involving the corporation and the interested stockholder; |
| any sale, transfer, pledge or other disposition of 10% or more of the assets of the corporation to or with the interested stockholder; |
| subject to certain exceptions, any transaction that results in the issuance or transfer by the corporation of any stock of the corporation to the interested stockholder; |
| subject to certain exceptions, any transaction involving the corporation that has the effect of increasing the proportionate share of the stock of any class or series of the corporation beneficially owned by the interested stockholder; or |
| the receipt by the interested stockholder of the benefit of loans, advances, guarantees, pledges or other financial benefits provided by or through the corporation. |
In general, Section 203 defines an interested stockholder as any entity or person beneficially owning 15% or more of the outstanding voting stock of the corporation and any entity or person affiliated with or controlling or controlled by any of these entities or persons. Since the Funds will have owned their equity in us at the time we complete our corporate formation, the Funds will not be subject to the restrictions of Section 203.
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Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws
Provisions of our amended and restated certificate of incorporation and amended and restated bylaws may delay or discourage transactions involving an actual or potential change in control or change in our management, including transactions in which stockholders might otherwise receive a premium for their shares, or transactions that our stockholders might otherwise deem to be in their best interests. Therefore, these provisions could adversely affect the price of our common stock.
Among other things, our amended and restated certificate of incorporation and amended and restated bylaws will:
| establish advance notice procedures with regard to stockholder proposals relating to the nomination of candidates for election as directors or new business to be brought before meetings of our stockholders. These procedures provide that notice of stockholder proposals must be timely given in writing to our corporate secretary prior to the meeting at which the action is to be taken. Generally, to be timely, notice must be received at our principal executive offices not less than 90 days nor more than 120 days prior to the first anniversary date of the annual meeting for the preceding year. Our amended and restated bylaws specify the requirements as to form and content of all stockholders notices. These requirements may preclude stockholders from bringing matters before the stockholders at an annual or special meeting; |
| provide our Board the ability to authorize undesignated preferred stock. This ability makes it possible for our Board to issue, without stockholder approval, preferred stock with voting or other rights or preferences that could impede the success of any attempt to change control of us. These and other provisions may have the effect of deferring hostile takeovers or delaying changes in control or management of our company; |
| provide that the authorized number of directors may be changed only by an affirmative vote of a majority of the total number of authorized directors whether or not there exist any vacancies in previously authorized directorships; |
| provide that all vacancies, including newly created directorships, may, except as otherwise required by law or, if applicable, the rights of holders of a series of preferred stock then outstanding, be filled by the affirmative vote of a majority of directors then in office, even if less than a quorum; |
| at any time after a group including MRD Holdings and/or the Funds or their respective affiliates no longer collectively beneficially own more than 50% of the outstanding shares of our common stock: |
| provide that any action required or permitted to be taken by the stockholders must be effected at a duly called annual or special meeting of stockholders and may not be effected by any consent in writing in lieu of a meeting of such stockholders, subject to the rights of the holders of any series of preferred stock with respect to such series (prior to such time, such actions may be taken without a meeting by written consent of holders of common stock having not less than the minimum number of votes that would be necessary to authorize such action at a meeting); |
| provide our certificate of incorporation and bylaws, subject to certain exceptions, may be amended by the affirmative vote of the holders of not less than 66 2/3% of our then outstanding common stock (prior to such time, our certificate of incorporation and bylaws may be amended by the affirmative vote of the holders of not less than 50% majority of our then outstanding common stock); |
| provide that special meetings of our stockholders may only be called by the Board pursuant to a resolution adopted by the affirmative vote of a majority of the total number of directors whether or not there exist any vacancies in previously authorized directorships, (prior to such time, a special meeting may also be called at the request of stockholders holding a majority of the outstanding shares entitled to vote); |
| provide for our Board to be divided into three classes of directors, with each class as nearly equal in number as possible, serving staggered three year terms, other than directors which may be elected by holders of preferred stock, if any, and that directors may only be removed for cause. This system of |
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electing and removing directors may tend to discourage a third party from making a tender offer or otherwise attempting to obtain control of us, because it generally makes it more difficult for stockholders to replace a majority of the directors; and |
| provide that the affirmative vote of the holders of at least 75% in voting power of all then outstanding common stock entitled to vote generally in the election of directors, voting together as a single class, shall be required to remove any or all of the directors from office and such removal may only be for cause. |
Limitation of Liability and Indemnification Matters
Our amended and restated certificate of incorporation limits the liability of our directors for monetary damages for breach of their fiduciary duty as directors, except for liability that cannot be eliminated under the DGCL. Delaware law provides that directors of a company will not be personally liable for monetary damages for breach of their fiduciary duty as directors, except for liabilities:
| for any breach of their duty of loyalty to us or our stockholders; |
| for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law; |
| for unlawful payment of dividend or unlawful stock repurchase or redemption, as provided under Section 174 of the DGCL; or |
| for any transaction from which the director derived an improper personal benefit. |
Any amendment, repeal or modification of these provisions will be prospective only and would not affect any limitation on liability of a director for acts or omissions that occurred prior to any such amendment, repeal or modification.
Our amended and restated certificate of incorporation and amended and restated bylaws also provide that we will indemnify our directors and officers to the fullest extent permitted by Delaware law. We intend to enter into indemnification agreements with each of our current and future directors and officers. These agreements will require us to indemnify these individuals to the fullest extent permitted under Delaware law against liability that may arise by reason of their service to us, and to advance expenses incurred as a result of any proceeding against them as to which they could be indemnified. We believe that the limitation of liability provision in our amended and restated certificate of incorporation and the indemnification agreements will facilitate our ability to continue to attract and retain qualified individuals to serve as directors and officers.
Corporate Opportunity
Under our amended and restated certificate of incorporation, to the fullest extent permitted by law:
| MRD Holdings, NGP, the Funds and their affiliates have the right to, and have no duty to abstain from, exercising such right to, conduct business with any business that is competitive or in the same line of business as us, do business with any of our clients or customers, or invest or own any interest publicly or privately in, or develop a business relationship with, any business that is competitive or in the same line of business as us; |
| if MRD Holdings, NGP, the Funds or their affiliates acquires knowledge of a potential transaction that could be a corporate opportunity, they have no duty to offer such corporate opportunity to us; and |
| we have renounced any interest or expectancy in, or in being offered an opportunity to participate in, such corporate opportunities. |
Transfer Agent and Registrar
The transfer agent and registrar for our common stock is .
Listing
We have applied to list our common stock on the NASDAQ Global Market under the symbol MRD.
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SHARES ELIGIBLE FOR FUTURE SALE
There has not been a public market for our common stock prior to this offering. We cannot predict the extent to which investor interest in us will lead to the development of an active trading market or how liquid that market might become. If an active trading market does not develop, you may have difficulty selling any of our common stock that you buy. The initial public offering price for the common stock will be determined by negotiations between us and the underwriters and may not be indicative of prices that will prevail in the open market following this offering. See Underwriting. Consequently, you may be unable to sell our common stock at prices equal to or greater than the price you pay in this offering.
Sale of Restricted Shares
Upon completion of this offering, we will have an aggregate of shares of our common stock outstanding. Of these shares, shares of our common stock to be sold in this offering will be freely tradable without restriction or further registration under the Securities Act, except for any shares which may be acquired by any of our affiliates as that term is defined in Rule 144 under the Securities Act, which will be subject to the resale limitations of Rule 144. The remaining shares of our common stock outstanding will be restricted securities, as that term is defined in Rule 144, and may in the future be sold pursuant to an effective registration statement or under the Securities Act to the extent permitted by Rule 144 or any other available exemption under the Securities Act. All of the shares beneficially owned by MRD Holdings and certain former management members of WildHorse Resources following this offering will be restricted securities.
Memorial Resource Development Corp. 2014 Long Term Incentive Plan
Following the completion of this offering, we intend to file a registration statement on Form S-8 under the Securities Act with the SEC to register shares of our common stock issued or reserved for issuance under the Memorial Resource Development Corp. 2014 Long Term Incentive Plan. Subject to the expiration of any lock-up restrictions as described below and following the completion of any vesting periods, shares of our common stock issued under the Memorial Resource Development Corp. 2014 Long Term Incentive Plan, issuable upon the exercise of options granted or to be granted under the plan, will be freely tradable without restriction under the Securities Act, unless such shares are held by any of our affiliates.
Lock-up Agreements
Executive officers, directors and our stockholders, including MRD Holdings and certain former management members of WildHorse Resources, have agreed not to sell or transfer any shares of our common stock for a period of 180 days from the date of this prospectus, subject to certain exceptions and extensions. See Underwriting for a description of these lock-up provisions.
Rule 144
In general, under Rule 144 under the Securities Act, a person who is not deemed to have been an affiliate of ours at any time during the three months preceding a sale, and who has beneficially owned restricted securities within the meaning of Rule 144 for at least six months (including any period of consecutive ownership of preceding non-affiliated holders) would be entitled to sell those shares. A non-affiliated person who has beneficially owned restricted securities within the meaning of Rule 144 for at least one year would be entitled to sell those shares without regard to the provisions of Rule 144.
All of our outstanding common stock before this offering is held by affiliates. A person who is deemed to be an affiliate of ours and who has beneficially owned restricted securities within the meaning of Rule 144 for at least six months would be entitled to sell within any three-month period a number of shares (when aggregated with sales by certain related parties) that does not exceed the greater of 1% of the then outstanding shares of our common stock
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( shares following this offering) or the average weekly trading volume of our common stock reported through the applicable stock exchange during the four calendar weeks preceding such sale. Such sales are also subject to certain manner of sale provisions, notice requirements and the availability of current public information about us.
Rule 701
In general, under Rule 701, any of our employees, directors, officers, consultants or advisors who purchases shares from us in connection with a compensatory stock or option plan or other written agreement before the effective date of this offering is entitled to sell such shares 90 days after the effective date of this offering in reliance on Rule 144, without having to comply with the holding period requirement of Rule 144 and, in the case of non-affiliates, without having to comply with the public information, volume limitation or notice filing provisions of Rule 144. The SEC has indicated that Rule 701 will apply to typical stock options granted by an issuer before it becomes subject to the reporting requirements of the Exchange Act, along with the shares acquired upon exercise of such options, including exercises after the date of this prospectus.
Registration Rights
Pursuant to the Registration Rights Agreement we will enter into in connection with the closing of this offering, MRD Holdings and former management members of WildHorse Resources, Jay Graham and Anthony Bahr, will have customary rights to demand that we file a resale shelf registration statement or, in certain circumstances, conduct an underwritten offering of shares held by MRD Holdings, Jay Graham and Anthony Bahr. In addition, the agreement will grant MRD Holdings, Jay Graham and Anthony Bahr customary rights to participate in certain underwritten offerings of our common stock that we may conduct. See Certain Relationships and Related Party TransactionsRegistration Rights Agreement.
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NON-U.S. HOLDERS
Introduction
The following is a discussion of certain U.S. federal income tax considerations applicable to Non-U.S. Holders (as defined below) arising from the acquisition, ownership and disposition of shares of our common stock. This summary is for general information purposes only and does not purport to be a complete analysis or listing of all potential U.S. federal income tax considerations that may apply to a Non-U.S. Holder as a result of the acquisition, ownership and disposition of shares of our common stock. In addition, this summary does not take into account the individual facts and circumstances of any particular Non-U.S. Holder that may affect the U.S. federal income tax considerations applicable to such holder. Accordingly, this summary is not intended to be, and should not be construed as, legal or U.S. federal income tax advice with respect to any Non-U.S. Holder. Moreover, this summary is not binding on the Internal Revenue Service, or the IRS, or the U.S. courts, and no assurance can be provided that the conclusions reached in this summary will not be challenged by the IRS or will be sustained by a U.S. court if so challenged. We have not requested, and we do not intend to request, a ruling from the IRS or an opinion from U.S. legal counsel regarding any of the U.S. federal income or other tax considerations of the acquisition, ownership and disposition of shares of our common stock. Each Non-U.S. Holder should consult its own tax advisor regarding the acquisition, ownership and disposition of shares of our common stock.
Scope of This Disclosure
Authorities
This summary is based on the Internal Revenue Code of 1986, as amended (the Code), Treasury Regulations (final, temporary, and proposed), U.S. court decisions, published IRS rulings and published administrative positions of the IRS, that are applicable and, in each case, as in effect and available, as of the date of this prospectus. Any of the authorities on which this summary is based could be changed in a material and adverse manner at any time, and any such change could be applied on a retroactive basis and could affect the U.S. federal income tax considerations described in this summary.
Non-U.S. Holders
For purposes of this summary, a Non-U.S. Holder is a beneficial owner of shares of our common stock that is not a partnership or other entity classified as a partnership for U.S. federal income tax purposes and that is not: (a) an individual who is a citizen or resident of the U.S., (b) a corporation, or other entity classified as a corporation for U.S. federal income tax purposes, that is created or organized in or under the laws of the U.S. or any state in the U.S., including the District of Columbia, (c) an estate if the income of such estate is subject to U.S. federal income tax regardless of the source of such income, or (d) a trust if (i) such trust has validly elected to be treated as a U.S. person for U.S. federal income tax purposes or (ii) a U.S. court is able to exercise primary supervision over the administration of such trust and one or more U.S. persons have the authority to control all substantial decisions of such trust.
Non-U.S. Holders Subject to Special U.S. Federal Income Tax Rules Not Addressed
This summary does not address the U.S. federal income tax considerations of the acquisition, ownership and disposition of shares of our common stock by Non-U.S. Holders that are subject to special provisions under the Code, including the following Non-U.S. Holders: (a) Non-U.S. Holders that are tax-exempt organizations, qualified retirement plans, individual retirement accounts, or other tax-deferred accounts; (b) Non-U.S. Holders that are financial institutions, insurance companies, real estate investment trusts, or regulated investment companies or that are broker-dealers, dealers, or traders in securities or currencies that elect to apply a mark-to-
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market accounting method; (c) Non-U.S. Holders that have a functional currency other than the U.S. dollar; (d) Non-U.S. Holders that own shares of our common stock as part of a straddle, hedging transaction, conversion transaction, constructive sale, or other arrangement involving more than one position; (e) Non-U.S. Holders that acquire shares of our common stock in connection with the exercise of employee stock options or otherwise as compensation for services; (f) Non-U.S. Holders that hold shares of our common stock other than as a capital asset within the meaning of Section 1221 of the Code; (g) Non-U.S. Holders who are U.S. expatriates or former long term residents of the United States; and (h) Non-U.S. Holders that have or now own, directly, indirectly, or by attribution, 5% or more, by voting power or value, of the outstanding shares of our common stock. Non-U.S. Holders that are subject to special provisions under the Code, including but not limited to Non-U.S. Holders described immediately above, should consult their own tax advisors regarding the U.S. federal, U.S. state and local, and foreign tax and other tax considerations of the acquisition, ownership and disposition of shares of our common stock.
If a partnership or other entity that is classified as a partnership for U.S. federal income tax purposes holds shares of our common stock, the U.S. federal income tax considerations to such partnership and the partners of such partnership generally will depend on the activities of the partnership and the status of such partners (or owners). Partnerships or other entities that are classified as partnerships for U.S. federal income tax purposes and their owners should consult their own tax advisors regarding the U.S. federal income tax considerations of the acquisition, ownership and disposition of shares of our common stock.
Tax Considerations Other Than U.S. Federal Income Tax Considerations Not Addressed
This summary does not address any state, local, alternative minimum, estate and gift, foreign, or other tax considerations other than U.S. federal income tax considerations that may be relevant to Non-U.S. Holders in connection with the acquisition, ownership and disposition of shares of our common stock. Each Non-U.S. Holder should consult its own tax advisors regarding any state, local, estate and gift, foreign, and any other tax considerations that may be relevant to such holder in connection with the acquisition, ownership and disposition of shares of our common stock.
Dividends
In general, if dividends with respect to shares of our common stock are made, such dividends would be treated as dividends to the extent of our current or accumulated earnings and profits as determined under the Code. Any portion of a dividend that exceeds our current or accumulated earnings and profits will first be applied to reduce the Non-U.S. Holders basis in shares of our common stock, and, to the extent such portion exceeds the Non-U.S. Holders basis, the excess will be treated as gain from the disposition of shares of our common stock, the tax treatment of which is discussed below under the heading Gain on Sale or Other Disposition of Shares of our Common Stock.
Generally, dividends paid in respect of shares of our common stock to a Non-U.S. Holder will be subject to U.S. withholding tax at a 30% rate, subject to the two following exceptions:
| Dividends effectively connected with a trade or business of a Non-U.S. Holder within the U.S. generally will not be subject to withholding if the Non-U.S. Holder complies with applicable IRS certification and disclosure requirements and generally will be subject to U.S. federal income tax on a net income basis at regular U.S. federal income tax rates (in the same manner as a U.S. person) on its U.S. trade or business income. In the case of a Non-U.S. Holder that is a corporation, such effectively connected income also may be subject to the branch profits tax at a 30% rate (or such lower rate as may be prescribed by an applicable tax treaty). |
| The withholding tax might not apply, or might apply at a reduced rate, under the terms of an applicable tax treaty. Under Treasury Regulations, to obtain a reduced rate of withholding under a tax treaty, a Non-U.S. Holder generally will be required to satisfy applicable certification and other requirements. A Non- |
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U.S. Holder of shares of our common stock eligible for a reduced rate of U.S. withholding tax may obtain a refund or credit of any excess amounts withheld by filing an appropriate claim for refund with the IRS. |
Gain on Sale or Other Disposition of Shares of Our Common Stock
Except as described in the discussion below under the heading Information Reporting; Backup Withholding Tax, a Non-U.S. Holder generally will not be subject to U.S. federal income tax, including withholding tax, in connection with the receipt of proceeds from the sale, exchange, or other taxable disposition of shares of our common stock, unless:
| the gain is effectively connected with the Non-U.S. Holders conduct of a trade or business within the United States and, if subject to an applicable tax treaty, is attributable to a permanent establishment or fixed base maintained by the Non-U.S. Holder in the U.S.; |
| in the case of an individual, the Non-U.S. Holder has been present in the U.S. for at least 183 days or more in the taxable year of disposition (and certain other conditions are satisfied); or |
| we are or have been a U.S. real property holding corporation, or USRPHC, for U.S. federal income tax purposes (that is, a domestic corporation whose trade or business and real property assets consist primarily of U.S. real property interests) at any time during the shorter of the five-year period ending on the date of disposition and the Non-U.S. Holders holding period for its shares of our common stock and, if shares of our common stock are regularly traded on an established securities market, the Non-U.S. Holder held, directly or indirectly, at any time during such period, more than 5% of our issued and outstanding common stock. |
Income that is effectively connected with the conduct of a U.S. trade or business by a Non-U.S. Holder generally will be subject to regular U.S. federal income tax in the same manner as if it were realized by a U.S. Holder. In addition, if such Non-U.S. Holder is a corporation, such gain may be subject to a branch profits tax at a rate of 30% (or such lower rate as is provided by an applicable income tax treaty).
If an individual Non-U.S. Holder is present in the U.S. for at least 183 days during the taxable year of disposition, the Non-U.S. Holder may be subject to a flat 30% tax on any U.S.-source gain derived from the sale, exchange, or other taxable disposition of shares of our common stock (other than gain effectively connected with a U.S. trade or business), which may be offset by U.S.-source capital losses.
It is likely that we will be a USRPHC. As a result, any gain recognized by a Non-U.S. Holder on the sale, exchange, or other taxable disposition of our common stock may be subject to U.S. federal income tax in the same manner as gain recognized by a U.S. Holder, or the FIRPTA Tax. In addition, a Non-US. Holder may under certain circumstances be subject to withholding in an amount equal to 10% of the gross proceeds on the sale or disposition; if the Non-U.S. Holder files a U.S. federal income tax return, any amounts so withheld will generally be credited against, and refunded to the extent in excess of, any FIRPTA Tax such Non-U.S. Holder owes.
However, so long as our common stock is considered to be regularly traded on an established securities market, or regularly traded, at any time during the calendar year, a Non-U.S. Holder generally will not be subject to FIRPTA Tax on any gain recognized on the sale or other disposition of our common stock unless the Non-U.S. Holder owned (actually or constructively) shares of our common stock with a fair market value of more than 5% of the total fair market value of our common stock at any time during the applicable period described in the third bullet point above. No withholding is required under these rules upon a sale or other taxable disposition of our common stock if it is considered to be regularly traded. If, on the other hand, our common stock is not considered to be regularly traded, a Non-U.S. Holder will be subject to FIRPTA Tax on any gain recognized on your sale or other taxable disposition of our common stock, and withholding on the gross proceeds thereof, regardless of such Non-U.S. Holders percentage ownership of our common stock.
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Recent Law Changes Affecting U.S. Federal Income Tax Withholding
Legislation enacted in 2010 and recent administrative guidance will require withholding at a rate of 30% on dividends paid on or after July 1, 2014 (and gross proceeds from the sale of shares of our common stock paid on or after January 1, 2017) to certain foreign financial institutions (including investment funds), unless such institution enters into an agreement with the Secretary of the Treasury to, among other things, report, on an annual basis, information with respect to accounts with or shares in the institution held by certain U.S. persons and by certain non-U.S. entities that are wholly or partially owned by United States persons, and to withhold on payments made to certain account holders. Accordingly, the entity through which shares of our common stock is held will affect the determination of whether such withholding is required. Similarly, dividends in respect of, and gross proceeds from the sale of, shares of our common stock held by an investor that is a non-financial foreign entity will be subject to withholding at a rate of 30% if such entity or another non-financial foreign entity is the beneficial owner of the payment, unless, among other things, the beneficial owner or the payee either (i) certifies to the withholding agent that such entity does not have any substantial United States owners or (ii) provides certain information regarding the entitys substantial United States owners to the withholding agent, which the withholding agent will in turn provide to the Secretary of the Treasury. Non-U.S. holders are encouraged to consult with their tax advisors regarding the possible implications of the legislation on their investment in shares of our common stock.
Information Reporting; Backup Withholding Tax
A Non-U.S. Holder generally will not be subject to information reporting or backup withholding with respect to payments of dividends on, or gross proceeds from the disposition of, shares of our common stock that are made within the United States or though certain U.S.-related financial intermediaries, provided that the Non-U.S. Holder certifies as to its foreign status or otherwise establishes an exemption.
Backup withholding is not an additional tax. Amounts withheld as backup withholding may be credited against a Non-U.S. Holders U.S. federal income tax liability, and a Non-U.S. Holder may obtain a refund of any excess amounts withheld under the backup withholding rules by timely filing the appropriate claim for refund with the IRS and furnishing any required information. Non-U.S. Holders should consult their own tax advisors regarding the application of the information reporting and backup withholding rules to them in their particular circumstances.
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Citigroup Global Markets Inc. is acting as book-running manager of the offering and as representative of the underwriters. Subject to the terms and conditions stated in the underwriting agreement dated the date of this prospectus, each underwriter named below has severally agreed to purchase, and we and MRD LLC have agreed to sell to that underwriter, the number of shares set forth opposite the underwriters name.
Underwriter |
Number of Shares | |
Citigroup Global Markets Inc. |
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Barclays Capital Inc. |
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Merrill Lynch, Pierce, Fenner & Smith |
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BMO Capital Markets Corp. |
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Goldman, Sachs & Co. |
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Raymond James & Associates, Inc. |
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RBC Capital Markets, LLC |
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Wells Fargo Securities, LLC |
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Credit Suisse Securities (USA) LLC |
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Morgan Stanley & Co. LLC |
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Scotia Capital (USA) Inc. |
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Simmons & Company International |
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Stephens Inc. |
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Stifel, Nicolaus & Company, Incorporated |
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UBS Securities LLC |
||
Wunderlich Securities, Inc. |
||
Total |
||
|
The underwriting agreement provides that the obligations of the underwriters to purchase the shares included in this offering are subject to approval of legal matters by counsel and to other conditions. The underwriters are obligated to purchase all the shares (other than those covered by the underwriters option to purchase additional shares described below) if they purchase any of the shares.
Shares sold by the underwriters to the public will initially be offered at the initial public offering price set forth on the cover of this prospectus. Any shares sold by the underwriters to securities dealers may be sold at a discount from the initial public offering price not to exceed $ per share. If all the shares are not sold at the initial offering price, the underwriters may change the offering price and the other selling terms. The representative has advised us that the underwriters do not intend to make sales to discretionary accounts.
If the underwriters sell more shares than the total number set forth in the table above, MRD LLC has granted to the underwriters an option, exercisable for 30 days from the date of this prospectus, to purchase up to additional shares at the public offering price less the underwriting discount. The underwriters may exercise the option solely for the purpose of covering over-allotments, if any, in connection with this offering. To the extent the option is exercised, each underwriter must purchase a number of additional shares approximately proportionate to that underwriters initial purchase commitment. Any shares issued or sold under the option will be issued and sold on the same terms and conditions as the other shares that are the subject of this offering.
We, our officers and directors, MRD LLC and certain former management members of WildHorse Resources have agreed that, for a period of 180 days from the date of this prospectus, we and they will not, without the prior written consent of Citigroup Global Markets Inc. dispose of or hedge any shares or any securities convertible into or exchangeable for our common stock. Citigroup Global Markets Inc. in its sole discretion may release any of the securities subject to these lock-up agreements at any time, which, in the case of officers and directors, shall be with notice.
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The underwriters have reserved for sale at the initial public offering price up to % of the common stock being offered by this prospectus for sale to our employees, executive officers and directors who have expressed an interest in purchasing common stock in the offering. The number of shares available for sale to the general public in the offering will be reduced to the extent these persons purchase the reserved shares. Any reserved shares not so purchased will be offered by the underwriters to the general public on the same terms as the other shares. Any shares sold in the directed share program to directors and executive officers will be subject to the 180-day lock-up agreements described above.
Prior to this offering, there has been no public market for our shares. Consequently, the initial public offering price for the shares was determined by negotiations among us and the representative. Among the factors considered in determining the initial public offering price were our results of operations, our current financial condition, our future prospects, our markets, the economic conditions in and future prospects for the industry in which we compete, our management, and currently prevailing general conditions in the equity securities markets, including current market valuations of publicly traded companies considered comparable to our company. We cannot assure you, however, that the price at which the shares will sell in the public market after this offering will not be lower than the initial public offering price or that an active trading market in our shares will develop and continue after this offering.
We have applied to have our shares listed on the Nasdaq Global Market under the symbol MRD.
The following table shows the underwriting discounts and commissions that we and MRD LLC are to pay to the underwriters in connection with this offering. These amounts are shown assuming both no exercise and full exercise of the underwriters over-allotment option.
Paid by the Company | ||||||||
No Exercise | Full Exercise | |||||||
Per share |
$ | $ | ||||||
Total |
$ | $ |
Paid by MRD LLC | ||||||||
No Exercise | Full Exercise | |||||||
Per share |
$ | $ | ||||||
Total |
$ | $ |
We estimate that our portion of the total expenses of this offering will be $ (excluding underwriting discounts and commissions).
In connection with the offering, the underwriters may purchase and sell shares in the open market. Purchases and sales in the open market may include short sales, purchases to cover short positions, which may include purchases pursuant to the underwriters option to purchase additional shares, and stabilizing purchases.
| Short sales involve secondary market sales by the underwriters of a greater number of shares than they are required to purchase in the offering. |
| Covered short sales are sales of shares in an amount up to the number of shares represented by the underwriters option to purchase additional shares. |
| Naked short sales are sales of shares in an amount in excess of the number of shares represented by the underwriters option to purchase additional shares. |
| Covering transactions involve purchases of shares either pursuant to the underwriters option to purchase additional shares or in the open market in order to cover short positions. |
| To close a naked short position, the underwriters must purchase shares in the open market. A naked short position is more likely to be created if the underwriters are concerned that there may be downward pressure on the price of the shares in the open market after pricing that could adversely affect investors who purchase in the offering. |
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| To close a covered short position, the underwriters must purchase shares in the open market or must exercise their option to purchase additional shares. In determining the source of shares to close the covered short position, the underwriters will consider, among other things, the price of shares available for purchase in the open market as compared to the price at which they may purchase shares through the underwriters option to purchase additional shares. |
| Stabilizing transactions involve bids to purchase shares so long as the stabilizing bids do not exceed a specified maximum. |
Purchases to cover short positions and stabilizing purchases, as well as other purchases by the underwriters for their own accounts, may have the effect of preventing or retarding a decline in the market price of the shares. They may also cause the price of the shares to be higher than the price that would otherwise exist in the open market in the absence of these transactions. The underwriters may conduct these transactions on the Nasdaq Global Market, in the over-the-counter market or otherwise. If the underwriters commence any of these transactions, they may discontinue them at any time.
Relationships
The underwriters are full service financial institutions engaged in various activities, which may include securities trading, commercial and investment banking, financial advisory, investment management, principal investment, hedging, financing and brokerage activities. The underwriters and their respective affiliates have in the past performed commercial banking, investment banking and advisory services for us from time to time for which they have received customary fees and reimbursement of expenses and may, from time to time, engage in transactions with and perform services for us in the ordinary course of their business for which they may receive customary fees and reimbursement of expenses. In the ordinary course of their various business activities, the underwriters and their respective affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities) and financial instruments (which may include bank loans and/or credit default swaps) for their own account and for the accounts of their customers and may at any time hold long and short positions in such securities and instruments. Such investments and securities activities may involve securities and/or instruments of ours or our affiliates. In addition, affiliates of certain of the underwriters are lenders, and in some cases agents or managers for the lenders, under WildHorse Resources revolving credit facility and we expect affiliates of certain of the underwriters will be lenders under the new revolving credit facility we will enter into in connection with the closing of this offering. Certain of the underwriters or their affiliates that have a lending relationship with us routinely hedge their credit exposure to us consistent with their customary risk management policies. A typical such hedging strategy would include these underwriters or their affiliates hedging such exposure by entering into transactions which consist of either the purchase of credit default swaps or the creation of short positions in our securities. The underwriters and their affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments.
We and MRD Holdings have agreed to indemnify the several underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to make because of any of those liabilities.
Notice to Prospective Investors in the European Economic Area
In relation to each member state of the European Economic Area that has implemented the Prospectus Directive (each, a relevant member state), with effect from and including the date on which the Prospectus Directive is implemented in that relevant member state (the relevant implementation date), an offer of shares described in this prospectus may not be made to the public in that relevant member state other than:
| to any legal entity which is a qualified investor as defined in the Prospectus Directive; |
160
| to fewer than 100 or, if the relevant member state has implemented the relevant provision of the 2010 PD Amending Directive, 150 natural or legal persons (other than qualified investors as defined in the Prospectus Directive), as permitted under the Prospectus Directive, subject to obtaining the prior consent of the relevant Dealer or Dealers nominated by us for any such offer; or |
| in any other circumstances falling within Article 3(2) of the Prospectus Directive, |
provided that no such offer of shares shall require us or any underwriter to publish a prospectus pursuant to Article 3 of the Prospectus Directive.
For purposes of this provision, the expression an offer of securities to the public in any relevant member state means the communication in any form and by any means of sufficient information on the terms of the offer and the shares to be offered so as to enable an investor to decide to purchase or subscribe for the shares, as the expression may be varied in that member state by any measure implementing the Prospectus Directive in that member state, and the expression Prospectus Directive means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the relevant member state) and includes any relevant implementing measure in the relevant member state. The expression 2010 PD Amending Directive means Directive 2010/73/EU.
The sellers of the shares have not authorized and do not authorize the making of any offer of shares through any financial intermediary on their behalf, other than offers made by the underwriters with a view to the final placement of the shares as contemplated in this prospectus. Accordingly, no purchaser of the shares, other than the underwriters, is authorized to make any further offer of the shares on behalf of the sellers or the underwriters.
Notice to Prospective Investors in the United Kingdom
This prospectus is only being distributed to, and is only directed at, persons in the United Kingdom that are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Directive that are also (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order) or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (each such person being referred to as a relevant person). This prospectus and its contents are confidential and should not be distributed, published or reproduced (in whole or in part) or disclosed by recipients to any other persons in the United Kingdom. Any person in the United Kingdom that is not a relevant person should not act or rely on this document or any of its contents.
Notice to Prospective Investors in France
Neither this prospectus nor any other offering material relating to the shares described in this prospectus has been submitted to the clearance procedures of the Autorité des Marchés Financiers or of the competent authority of another member state of the European Economic Area and notified to the Autorité des Marchés Financiers. The shares have not been offered or sold and will not be offered or sold, directly or indirectly, to the public in France. Neither this prospectus nor any other offering material relating to the shares has been or will be:
| released, issued, distributed or caused to be released, issued or distributed to the public in France; or |
| used in connection with any offer for subscription or sale of the shares to the public in France. |
Such offers, sales and distributions will be made in France only:
| to qualified investors (investisseurs qualifiés) and/or to a restricted circle of investors (cercle restreint dinvestisseurs), in each case investing for their own account, all as defined in, and in accordance with articles L.411-2, D.411-1, D.411-2, D.734-1, D.744-1, D.754-1 and D.764-1 of the French Code monétaire et financier; |
| to investment services providers authorized to engage in portfolio management on behalf of third parties; or |
| in a transaction that, in accordance with article L.411-2-II-1°-or-2°-or 3° of the French Code monétaire et financier and article 211-2 of the General Regulations (Règlement Général) of the Autorité des Marchés Financiers, does not constitute a public offer (appel public à lépargne). |
161
The shares may be resold directly or indirectly, only in compliance with articles L.411-1, L.411-2, L.412-1 and L.621-8 through L.621-8-3 of the French Code monétaire et financier.
Notice to Prospective Investors in Hong Kong
The shares may not be offered or sold in Hong Kong by means of any document other than (i) in circumstances which do not constitute an offer to the public within the meaning of the Companies Ordinance (Cap. 32, Laws of Hong Kong), or (ii) to professional investors within the meaning of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong) and any rules made thereunder, or (iii) in other circumstances which do not result in the document being a prospectus within the meaning of the Companies Ordinance (Cap. 32, Laws of Hong Kong) and no advertisement, invitation or document relating to the shares may be issued or may be in the possession of any person for the purpose of issue (in each case whether in Hong Kong or elsewhere), which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the laws of Hong Kong) other than with respect to shares which are or are intended to be disposed of only to persons outside Hong Kong or only to professional investors within the meaning of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong) and any rules made thereunder.
Notice to Prospective Investors in Japan
The shares offered in this prospectus have not been and will not be registered under the Financial Instruments and Exchange Law of Japan. The shares have not been offered or sold and will not be offered or sold, directly or indirectly, in Japan or to or for the account of any resident of Japan (including any corporation or other entity organized under the laws of Japan), except (i) pursuant to an exemption from the registration requirements of the Financial Instruments and Exchange Law and (ii) in compliance with any other applicable requirements of Japanese law.
Notice to Prospective Investors in Singapore
This prospectus has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, this prospectus and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the shares may not be circulated or distributed, nor may the shares be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 274 of the Securities and Futures Act, Chapter 289 of Singapore (the SFA), (ii) to a relevant person pursuant to Section 275(1), or any person pursuant to Section 275(1A), and in accordance with the conditions specified in Section 275 of the SFA or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA, in each case subject to compliance with conditions set forth in the SFA.
Where the shares are subscribed or purchased under Section 275 of the SFA by a relevant person which is:
| a corporation (which is not an accredited investor (as defined in Section 4A of the SFA)) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or |
| a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary of the trust is an individual who is an accredited investor, |
shares, debentures and units of shares and debentures of that corporation or the beneficiaries rights and interest (howsoever described) in that trust shall not be transferred within six months after that corporation or that trust has acquired the shares pursuant to an offer made under Section 275 of the SFA except:
| to an institutional investor (for corporations, under Section 274 of the SFA) or to a relevant person defined in Section 275(2) of the SFA, or to any person pursuant to an offer that is made on terms that such shares, debentures and units of shares and debentures of that corporation or such rights and interest in that trust |
162
are acquired at a consideration of not less than S$200,000 (or its equivalent in a foreign currency) for each transaction, whether such amount is to be paid for in cash or by exchange of securities or other assets, and further for corporations, in accordance with the conditions specified in Section 275 of the SFA; |
| where no consideration is or will be given for the transfer; or |
| where the transfer is by operation of law. |
Notice to Prospective Investors in Switzerland
The prospectus does not constitute an issue prospectus pursuant to Article 652a or Article 1156 of the Swiss Code of Obligations (CO) and the shares will not be listed on the SIX Swiss Exchange. Therefore, the prospectus may not comply with the disclosure standards of the CO and/or the listing rules (including any prospectus schemes) of the SIX Swiss Exchange. Accordingly, the shares may not be offered to the public in or from Switzerland, but only to a selected and limited circle of investors, which do not subscribe to the shares with a view to distribution.
163
The validity of the shares of common stock offered hereby will be passed upon for us by Akin Gump Strauss Hauer & Feld LLP, Houston, Texas. Certain legal matters in connection with this offering will be passed upon for the underwriters by Vinson & Elkins L.L.P., Houston, Texas.
The financial statement of Memorial Resource Development Corp. as of January 31, 2014 has been included herein upon the report of KPMG LLP, independent registered public accounting firm, appearing elsewhere herein, and upon the authority of said firm as experts in accounting and auditing.
The consolidated and combined financial statements and schedules of our predecessor (as described in Note 1 to those financial statements) as of December 31, 2013 and 2012, and for each of the years then ended, have been included herein and in the registration statement in reliance upon the report of KPMG LLP, independent registered public accounting firm, appearing elsewhere herein, and upon the authority of said firm as experts in accounting and auditing.
Estimated quantities of our proved oil and natural gas reserves and the net present value of such reserves as of December 31, 2013 set forth in this prospectus are based on the reserve report prepared by Netherland, Sewell & Associates, Inc. Our acreage had been audited or evaluated by an independent reservoir engineering firm since 2011 and Netherland, Sewell & Associates, Inc. evaluated these reserves as of December 31, 2013.
Our estimates of probable and possible reserves are prepared by management and audited by Netherland, Sewell & Associates, Inc.
Estimated quantities of MEMPs proved oil and natural gas reserves and the net present value of such reserves as of December 31, 2013 set forth in this prospectus are based on the reserve report prepared by Netherland, Sewell & Associates, Inc. MEMPs acreage had been audited or evaluated by an independent reservoir engineering firm since 2011 and Netherland, Sewell & Associates, Inc. evaluated these reserves as of December 31, 2013.
We have included these estimates in reliance on the authority of Netherland, Sewell & Associates, Inc. as experts in such matters.
164
WHERE YOU CAN FIND MORE INFORMATION
We have filed with the SEC a registration statement under the Securities Act, with respect to the shares of our common stock offered by this prospectus. This prospectus, filed as a part of the registration statement, does not contain all of the information set forth in the registration statement or the exhibits and schedules thereto as permitted by the rules and regulations of the SEC. For further information about us and our common stock, you should refer to the registration statement. This prospectus summarizes provisions that we consider material of certain contracts and other documents to which we refer you. You should review the full text of those documents. We have included copies of those documents as exhibits to the registration statement.
The registration statement and the exhibits thereto filed with the SEC may be inspected, without charge, and copies may be obtained at prescribed rates, at the public reference facility maintained by the SEC at 100 F Street, N.E., Washington, D.C. 20549. You may request copies of the documents, upon payment of a duplicating fee, by writing the Public Reference Section of the SEC. Please call 1-800-SEC-0330 for further information on the public reference rooms. Our filings with the SEC are also available to the public from commercial document retrieval services and at the web site maintained by the SEC at http://www.sec.gov.
Our website address is www.memorialrd.com. We expect to make available our periodic reports and other information filed with or furnished to the SEC, free of charge through our website, as soon as reasonably practicable after those reports and other information are electronically filed with or furnished to the SEC. Information on our website or any other website is not incorporated by reference herein and does not constitute a part of this prospectus.
As a result of the offering, we and our stockholders will also become subject to the proxy solicitation rules, annual and periodic reporting requirements and other requirements of the Exchange Act. These periodic reports, proxy statements and other information will be available for inspection and copying at the regional offices, public reference facilities and web site of the SEC referred to above. We will furnish our stockholders with annual reports containing audited financial statements certified by an independent registered public accounting firm and quarterly reports containing unaudited financial statements for the first three quarters of each fiscal year.
165
F-1
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors
Memorial Resource Development Corp.
We have audited the accompanying balance sheet of Memorial Resource Development Corp. as of January 31, 2014. This financial statement is the responsibility of the Memorial Resource Development Corp.s management. Our responsibility is to express an opinion on this financial statement based on our audit.
We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the balance sheet is free of material misstatement. The Company is not required to have, nor were we engaged to perform an audit of the Companys internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Companys internal control over financial reporting. Accordingly, we express no such opinion. An audit of a balance sheet also includes examining, on a test basis, evidence supporting the amounts and disclosures in that balance sheet, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall balance sheet presentation. We believe that our audit of the balance sheet provides a reasonable basis for our opinion.
In our opinion, the balance sheet referred to above presents fairly, in all material respects, the financial position of Memorial Resource Development Corp. as of January 31, 2014, in conformity with U.S. generally accepted accounting principles.
/s/ KPMG LLP
Dallas, TX
February 6, 2014
F-2
MEMORIAL RESOURCE DEVELOPMENT CORP.
BALANCE SHEET
January 31, 2014 |
||||
ASSETS |
||||
Cash and cash equivalents |
$ | | ||
|
|
|||
Total assets |
$ | | ||
|
|
|||
SHAREHOLDERS EQUITY |
||||
Common stock, $0.01 par value; authorized 1,000 shares; 100 issued and outstanding at January 31, 2014 |
1 | |||
Less receivable from Memorial Resource Development LLC |
(1 | ) | ||
|
|
|||
Total shareholders equity |
$ | | ||
|
|
See Accompanying Note to Balance Sheet.
F-3
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTE TO BALANCE SHEET
Note 1. Organization and Basis of Presentation
Memorial Resource Development Corp. (MRDC) is a Delaware corporation formed by Memorial Resource Development LLC (MRD LLC) on January 31, 2014 to own and acquire oil and natural gas properties in North America. MRD LLC is a Delaware limited liability company formed on April 27, 2011 by Natural Gas Partners VIII, L.P. (NGP VIII), Natural Gas Partners IX, L.P. (NGP IX) and NGP IX Offshore Holdings, L.P. (NGP IX Offshore) (collectively, the Funds) to own, acquire, exploit and develop oil and natural gas properties. The Funds are private equity funds managed by Natural Gas Partners (NGP).
MRDC plans to pursue an initial public offering (the offering) of its common stock. In connection with the closing of this offering, MRD LLC will contribute the following to us in exchange for shares of common stock: (1) 100% of its ownership interests in Classic Hydrocarbons Holdings, L.P. (Classic), Classic Hydrocarbons GP Co., L.L.C. (Classic GP), Black Diamond Minerals, LLC (Black Diamond), Beta Operating Company, LLC (Beta Operating), MRD Operating LLC (MRD Operating) and Memorial Production Partners GP LLC (MEMP GP), which owns a 0.1% general partner interest and 50% of the incentive distribution rights in Memorial Production Partners LP (MEMP), and (2) its 99.9% membership interest in WildHorse Resources, LLC (WildHorse Resources). In addition, certain former management members of WildHorse Resources will contribute to us the remaining 0.1% membership interest in WildHorse Resources as well as exchange their incentive units in exchange for shares of common stock and cash consideration.
This balance sheet has been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). MRD LLC has committed to contribute $1 as the initial sole shareholder. This contribution receivable is reflected as a reduction to equity. Separate Statements of Income, Changes in Stockholders Equity and of Cash Flows have not been presented because MRDC has had no business transactions or activities to date.
F-4
MEMORIAL RESOURCE DEVELOPMENT CORP.
UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION
We are a Delaware corporation (MRDC) formed by Memorial Resource Development LLC (MRD LLC) in January 2014 to own and acquire oil and natural gas properties in North America. MRD LLC is a Delaware limited liability company formed on April 27, 2011 by Natural Gas Partners VIII, L.P. (NGP VIII), Natural Gas Partners IX, L.P. (NGP IX) and NGP IX Offshore Holdings, L.P. (NGP IX Offshore) (collectively, the Funds) to own, acquire, exploit and develop oil and natural gas properties. The Funds are private equity funds managed by Natural Gas Partners (NGP).
In connection with the closing of this offering, the Funds will contribute all of their interests in MRD LLC to MRD Holdings LLC (MRD Holdings). MRD LLC and its consolidated subsidiaries, which is our accounting predecessor, will contribute the following to us in exchange for shares of common stock (which MRD LLC will immediately distribute to MRD Holdings): (1) 100% of its ownership interests in Classic Hydrocarbons Holdings, L.P. (Classic), Classic Hydrocarbons GP Co., L.L.C. (Classic GP), Black Diamond Minerals, LLC (Black Diamond), Beta Operating Company, LLC (Beta Operating), MRD Operating LLC (MRD Operating) and Memorial Production Partners GP LLC (MEMP GP), which owns a 0.1% general partner interest and 50% of the incentive distribution rights in Memorial Production Partners LP (MEMP), and (2) its 99.9% membership interest in WildHorse Resources, LLC (WildHorse Resources). In addition, certain former management members of WildHorse Resources will contribute to us the remaining 0.1% membership interest in WildHorse Resources as well as exchange their incentive units in exchange for shares of common stock and cash consideration. MRD Operating will enter into a merger agreement with MRD LLC pursuant to which after the termination of the PIK notes indenture (approximately 30 days after the closing of this offering), MRD LLC will merge into MRD Operating. Prior to this merger, MRD LLC will distribute the following to MRD Holdings: (i) its interests in both BlueStone Natural Resources Holdings, LLC (BlueStone Holdings) and Classic Pipeline & Gathering, LLC (Classic Pipeline) as well as two immaterial subsidiaries that were formed subsequent to December 31, 2013, (ii) the MEMP subordinated units and (iii) the right to the $50 million of cash to be released from the debt service reserve account in connection with the redemption of the PIK notes (or, if the closing of this offering occurs after June 15, 2014 the right to the amount remaining in such account plus the cash received from us in reimbursement of the interest paid on June 15, 2014 in respect of the PIK notes). Collectively, we refer to these transactions as the Restructuring.
MRD LLC controls MEMP through its ownership of MEMP GP. MEMP is a publicly traded limited partnership engaged in the acquisition, production and development of oil and natural gas properties in the United States. Due to MRD LLCs control of MEMP through the ownership of its general partner, MRD LLC is required to consolidate MEMP for accounting and financial reporting purposes.
MRD LLC has two reportable business segments, both of which are engaged in the acquisition, exploitation, development and production of oil and natural gas properties:
| MRDreflects all of MRD LLCs consolidating subsidiaries except for MEMP and its subsidiaries. |
| MEMPreflects the consolidated and combined operations of MEMP and its subsidiaries. |
The following unaudited pro forma condensed combined financial information reflects the historical financial statements of MRD LLC adjusted on a pro forma basis to give effect to the following transactions as if they had occurred on December 31, 2013 for pro forma balance sheet purposes and on January 1, 2013 for pro forma statements of operations purposes:
| the exclusion of both BlueStone Holdings and Classic Pipeline as well as the MEMP subordinated units since they are not being conveyed to MRDC and the cash reserve associated with the PIK notes; |
F-5
MEMORIAL RESOURCE DEVELOPMENT CORP.
UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION
| the Restructuring transactions as described above; and |
| the initial public offering of shares of common stock and the use of the net proceeds therefrom as described in Use of Proceeds (the Offering). |
Offering. For purposes of the unaudited pro forma combined financial statements, the Offering is defined as the planned issuance and sale to the public of shares of common stock of MRDC as contemplated by this prospectus and the application of the net proceeds from such issuance as described in Use of Proceeds. The net proceeds from the sale of the common stock are expected to be $ million (based on an assumed initial public offering price of $ , the midpoint of the price range set forth on the cover of this prospectus), net of underwriting discounts and commissions of $ million and other offering-related expenses payable by us, which is estimated to be approximately $ million.
The unaudited pro forma combined balance sheet of MRDC is based on the audited historical consolidated and combined balance sheet of MRD LLC as of December 31, 2013 and includes pro forma adjustments to give effect to the exclusion of both BlueStone Holdings and Classic Pipeline, the MEMP subordinated units and the cash reserve associated with the PIK notes, the Restructuring, and the Offering, as if they had occurred on December 31, 2013.
The unaudited pro forma combined statements of operations of MRDC are based on: (i) the audited historical consolidated and combined statement of operations of MRD LLC for the year ended December 31, 2013, having been adjusted to give effect to the exclusion of both BlueStone Holdings and Classic Pipeline, the MEMP subordinated units, the Restructuring and the Offering as if they occurred on January 1, 2013 and (ii) the historical accounting records of MRD LLC.
The unaudited pro forma combined financial statements have been prepared on the basis that MRDC will be subject to subchapter C of the Internal Revenue Code of 1986, as amended, and as a result, will become taxable as a corporation and subject to U.S. federal and state income taxes at the entity level. The unaudited pro forma combined financial statements should be read in conjunction with the notes thereto and with the audited historical consolidated and combined financial statements and related notes of MRD LLC, included elsewhere in this prospectus.
The pro forma adjustments to the audited historical consolidated and combined financial statements are based on currently available information and certain estimates and assumptions. The actual effect of the transactions discussed in the accompanying notes ultimately may differ from the unaudited pro forma adjustments included herein. However, management believes that the assumptions utilized to prepare the pro forma adjustments provide a reasonable basis for presenting the significant effects of the transactions as currently contemplated and that the unaudited pro forma adjustments are factually supportable, give appropriate effect to the expected impact of events that are directly attributable to the transactions, and reflect those items expected to have a continuing impact on MRDC.
The unaudited pro forma combined financial statements of MRDC are not necessarily indicative of financial results that would have been attained had the described transactions occurred on the dates indicated below or which could be achieved in the future because they necessarily exclude various operating expenses, such as incremental general and administrative expenses associated with being a public company.
F-6
MEMORIAL RESOURCE DEVELOPMENT CORP.
UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET
DECEMBER 31, 2013
MRD LLC Historical |
Exclude BlueStone Holdings & Classic Pipeline |
Offering
& Restructuring Related Adjustments |
MRDC Pro Forma Combined |
|||||||||||||
ASSETS |
||||||||||||||||
Current assets: |
||||||||||||||||
Cash and cash equivalents |
$ | 77,721 | $ | (7,405 | ) | $ | (e) | $ | ||||||||
(f) | ||||||||||||||||
(g) | ||||||||||||||||
Restricted cash |
35,000 | | (35,000 | )(a) | | |||||||||||
Accounts receivable: |
||||||||||||||||
Oil and natural gas sales |
68,764 | (402 | ) | | 68,362 | |||||||||||
Joint interest owners and other |
19,958 | (144 | ) | | 19,814 | |||||||||||
Affiliates |
4,652 | | | 4,652 | ||||||||||||
Short-term derivative instruments |
9,289 | | | 9,289 | ||||||||||||
Prepaid expenses and other current assets |
19,513 | (1,786 | ) | | 17,727 | |||||||||||
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|
|
|
|
|||||||||
Total current assets |
234,897 | (9,737 | ) | |||||||||||||
Property and equipment, at cost: |
||||||||||||||||
Oil and natural gas properties, successful efforts method |
3,037,298 | (50,759 | ) | | 2,986,539 | |||||||||||
Other |
10,331 | (500 | ) | | 9,831 | |||||||||||
Accumulated depreciation, depletion and impairment |
(627,925 | ) | 23,463 | | (604,462 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Oil and natural gas properties, net |
2,419,704 | (27,796 | ) | | 2,391,908 | |||||||||||
Long-term derivative instruments |
48,616 | | | 48,616 | ||||||||||||
Restricted investments |
73,385 | | | 73,385 | ||||||||||||
Restricted cash |
15,506 | | (15,000 | )(a) | 506 | |||||||||||
Other long-term assets |
37,053 | | (f) | |||||||||||||
(19,727 | )(h) | |||||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total assets |
$ | 2,829,161 | $ | (37,533 | ) | $ | $ | |||||||||
|
|
|
|
|
|
|
|
The accompanying notes are an integral part of this unaudited pro forma financial information.
F-7
MEMORIAL RESOURCE DEVELOPMENT CORP.
UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET
DECEMBER 31, 2013
MRD LLC Historical |
Exclude BlueStone Holdings & Classic Pipeline |
Offering
& Restructuring Related Adjustments |
MRDC Pro Forma Combined |
|||||||||||||
LIABILITIES AND EQUITY |
||||||||||||||||
Current liabilities: |
||||||||||||||||
Accounts payable |
$ | 20,734 | (401 | ) | $ | | $ | 20,333 | ||||||||
Accounts payableaffiliates |
1,975 | (119 | ) | | 1,856 | |||||||||||
Revenues payable |
56,091 | (429 | ) | | 55,662 | |||||||||||
Accrued liabilities |
98,130 | (1,333 | ) | | 96,797 | |||||||||||
Short-term derivative instruments |
9,711 | | | 9,711 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total current liabilities |
186,641 | (2,282 | ) | | 184,359 | |||||||||||
Long-term debtMRD Segment |
871,150 | | (f) | |||||||||||||
(871,150 | )(g) | |||||||||||||||
Long-term debtMEMP Segment |
792,067 | | | 792,067 | ||||||||||||
Asset retirement obligations |
111,679 | (631 | ) | | 111,048 | |||||||||||
Long-term derivative instruments |
6,080 | | | 6,080 | ||||||||||||
Other long-term liabilities |
3,412 | | (d) | 3,412 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total liabilities |
1,971,029 | (2,913 | ) | |||||||||||||
Equity: |
||||||||||||||||
Common stock |
| | (b) | |||||||||||||
(c) | ||||||||||||||||
(e) | ||||||||||||||||
Additional paid in capital |
| | (b) | |||||||||||||
(c) | ||||||||||||||||
(e) | ||||||||||||||||
(g) | ||||||||||||||||
Accumulated deficit |
| | (c) | |||||||||||||
(d) | ||||||||||||||||
(19,727 | )(h) | |||||||||||||||
Members equity |
237,186 | (28,544 | ) | (108,436 | )(b) | | ||||||||||
|
(50,000 (50,206 |
)(a) )(a) |
||||||||||||||
Previous owners |
40,331 | | | 40,331 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total members equity |
277,517 | (28,544 | ) | | | |||||||||||
Noncontrolling interest |
580,615 | (6,076 | ) | |
50,206 |
(a) |
624,347 | |||||||||
(398 | )(c) | |||||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total equity |
858,132 | (34,620 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total liabilities and equity |
$ | 2,829,161 | $ | (37,533 | ) | $ | $ | |||||||||
|
|
|
|
|
|
|
|
The accompanying notes are an integral part of this unaudited pro forma financial information.
F-8
MEMORIAL RESOURCE DEVELOPMENT CORP.
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2013
MRD LLC Historical |
Exclude BlueStone Holdings & Classic Pipeline |
Offering
& Restructuring Related Adjustments |
MRDC Pro Forma Combined |
|||||||||||||
Revenues: |
||||||||||||||||
Oil & natural gas sales |
$ | 571,948 | $ | (18,148 | ) | $ | | $ | 553,800 | |||||||
Other revenues |
3,075 | (807 | ) | | 2,268 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total revenues |
575,023 | (18,955 | ) | | 556,068 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Costs and expenses: |
||||||||||||||||
Lease operating |
113,640 | (1,652 | ) | | 111,988 | |||||||||||
Pipeline operating |
1,835 | | | 1,835 | ||||||||||||
Exploration |
2,356 | | | 2,356 | ||||||||||||
Production and ad valorem taxes |
27,146 | (877 | ) | | 26,269 | |||||||||||
Depreciation, depletion, and amortization |
184,717 | (10,519 | ) | | 174,198 | |||||||||||
Impairment of proved oil and natural gas properties |
6,600 | (2,399 | ) | | 4,201 | |||||||||||
General and administrative |
125,358 | (24,260 | ) | | 101,098 | |||||||||||
Accretion of asset retirement obligations |
5,581 | (58 | ) | | 5,523 | |||||||||||
(Gain) loss on commodity derivative instruments |
(29,294 | ) | (17 | ) | | (29,311 | ) | |||||||||
(Gain) loss on sale of properties |
(85,621 | ) | 89,548 | | 3,927 | |||||||||||
Other, net |
649 | | | 649 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total costs and expenses |
352,967 | 49,766 | | 402,733 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Operating income |
222,056 | (68,721 | ) | | 153,335 | |||||||||||
Other income (expense): |
||||||||||||||||
Interest expense, net |
(69,250 | ) | 53 | (i) | ||||||||||||
1,411 | (j) | |||||||||||||||
20,814 | (k) | |||||||||||||||
Other, net |
145 | (2 | ) | | 143 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total other income (expense) |
(69,105 | ) | 51 | |||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Income (loss) before income taxes |
152,951 | (68,670 | ) | |||||||||||||
Income tax benefit (expense) |
(1,619 | ) | 1,147 | (l) | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Net income (loss) |
$ | 151,332 | $ | (67,523 | ) | $ | $ | |||||||||
|
|
|
|
|
|
|
|
|||||||||
Net income (loss) per common share(n) |
||||||||||||||||
Basic and diluted |
||||||||||||||||
Weighted average common shares outstanding(n) |
||||||||||||||||
Basic and diluted |
The accompanying notes are an integral part of this unaudited pro forma financial information.
F-9
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
Note 1. Basis of Presentation
We are a Delaware corporation (MRDC) formed by Memorial Resource Development LLC (MRD LLC) in January 2014 to own and acquire oil and natural gas properties in North America. MRD LLC is a Delaware limited liability company formed on April 27, 2011 by Natural Gas Partners VIII, L.P. (NGP VIII), Natural Gas Partners IX, L.P. (NGP IX) and NGP IX Offshore Holdings, L.P. (NGP IX Offshore) (collectively, the Funds) to own, acquire, exploit and develop oil and natural gas properties. The Funds are private equity funds managed by Natural Gas Partners (NGP).
In connection with the closing of this offering, the Funds will contribute all of their interests in MRD LLC to MRD Holdings LLC (MRD Holdings). MRD LLC and its consolidated subsidiaries, which is our accounting predecessor, will contribute the following to us in exchange for shares of common stock (which MRD LLC will immediately distribute to MRD Holdings): (1) 100% of its ownership interests in Classic Hydrocarbons Holdings, L.P. (Classic), Classic Hydrocarbons GP Co., L.L.C. (Classic GP), Black Diamond Minerals, LLC (Black Diamond), Beta Operating Company, LLC (Beta Operating), MRD Operating LLC (MRD Operating) and Memorial Production Partners GP LLC (MEMP GP), which owns a 0.1% general partner interest and 50% of the incentive distribution rights in Memorial Production Partners LP (MEMP), and (2) its 99.9% membership interest in WildHorse Resources, LLC (WildHorse Resources). In addition, certain former management members of WildHorse Resources will contribute to us the remaining 0.1% membership interest in WildHorse Resources as well as exchange their incentive units in exchange for shares of common stock and cash consideration. MRD Operating will enter into a merger agreement with MRD LLC pursuant to which after the termination of the PIK notes indenture (approximately 30 days after the closing of this offering), MRD LLC will merge into MRD Operating. Prior to this merger, MRD LLC will distribute the following to MRD Holdings: (i) its interests in both BlueStone Natural Resources Holdings, LLC (BlueStone Holdings) and Classic Pipeline & Gathering, LLC (Classic Pipeline) as well as two immaterial subsidiaries that were formed subsequent to December 31, 2013, (ii) the MEMP subordinated units and (iii) the right to the $50 million of cash to be released from the debt service reserve account in connection with the redemption of the PIK notes (or, if the closing of this offering occurs after June 15, the right to the amount remaining in such account plus the cash received from us in reimbursement of the interest paid on June 15 in respect of the PIK notes). Collectively, we refer to these transactions as the Restructuring.
MRD LLC controls MEMP through its ownership of MEMP GP. MEMP is a publicly traded limited partnership engaged in the acquisition, production and development of oil and natural gas properties in the United States. Due to MRD LLCs control of MEMP through the ownership of its general partner, MRD LLC is required to consolidate MEMP for accounting and financial reporting purposes.
The following unaudited pro forma condensed combined financial information reflects the historical financial statements of MRD LLC adjusted on a pro forma basis to give effect to the following transactions as if they had occurred on December 31, 2013 for pro forma balance sheet purposes and on January 1, 2013 for pro forma statements of operations purposes:
| the exclusion of both BlueStone Holdings and Classic Pipeline as well as the MEMP subordinated units since they are not being conveyed to MRDC and the cash reserve associated with the PIK notes; |
| the Restructuring transactions as described above; and |
| the initial public offering of shares of common stock and the use of the net proceeds therefrom as described in Use of Proceeds (the Offering). |
The unaudited pro forma combined balance sheet of MRDC is based on the audited historical consolidated and combined balance sheet of MRD LLC as of December 31, 2013 and includes pro forma adjustments to give
F-10
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
effect to the exclusion of both BlueStone Holdings and Classic Pipeline as well as the MEMP subordinated units, and the Offering, as if they had occurred on December 31, 2013.
The unaudited pro forma combined statements of operations of MRDC are based on: (i) the audited historical consolidated and combined statement of operations of MRD LLC for the year ended December 31, 2013, having been adjusted to give effect to the exclusion of both BlueStone Holdings and Classic Pipeline as well as the MEMP subordinated units, and the Offering as if they occurred on January 1, 2013 and (ii) the historical accounting records of MRD LLC.
The unaudited pro forma combined financial statements have been prepared on the basis that MRDC will be subject to subchapter C of the Internal Revenue Code of 1986, as amended, and as a result, will become taxable as a corporation and subject to U.S. federal and state income taxes at the entity level. The unaudited pro forma combined financial statements should be read in conjunction with the notes thereto and with the audited historical consolidated and combined financial statements and related notes of MRD LLC, included elsewhere in this prospectus.
The pro forma adjustments to the audited historical consolidated and combined financial statements are based on currently available information and certain estimates and assumptions. The actual effect of the transactions discussed in the accompanying notes ultimately may differ from the unaudited pro forma adjustments included herein. However, management believes that the assumptions utilized to prepare the pro forma adjustments provide a reasonable basis for presenting the significant effects of the transactions as currently contemplated and that the unaudited pro forma adjustments are factually supportable, give appropriate effect to the expected impact of events that are directly attributable to the transactions, and reflect those items expected to have a continuing impact on MRDC.
The unaudited pro forma combined financial statements of MRDC are not necessarily indicative of financial results that would have been attained had the described transactions occurred on the dates indicated below or which could be achieved in the future because they necessarily exclude various operating expenses, such as incremental general and administrative expenses associated with being a public company.
F-11
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
Note 2. MRD Segment Stand-Alone Pro Forma Financial Statements
Unaudited Pro Forma Condensed Combined Balance SheetDecember 31, 2013
MRD Segment Historical |
Exclude BlueStone Holdings & Classic Pipeline |
Offering & Restructuring Related Adjustments |
MRD Segment Pro Forma Combined |
|||||||||||||
ASSETS |
||||||||||||||||
Current assets: |
||||||||||||||||
Cash and cash equivalents |
$ | 64,582 | $ | (7,405 | ) | $ | (e) | $ | ||||||||
(f) | ||||||||||||||||
(g) | ||||||||||||||||
Restricted cash |
35,000 | | (35,000 | )(a) | | |||||||||||
Accounts receivable: |
||||||||||||||||
Oil and natural gas sales |
34,232 | (402 | ) | | 33,830 | |||||||||||
Joint interest owners and other |
15,324 | (144 | ) | | 15,180 | |||||||||||
Affiliates |
6,963 | | | 6,963 | ||||||||||||
Short-term derivative instruments |
1,688 | | | 1,688 | ||||||||||||
Prepaid expenses and other current assets |
10,367 | (1,786 | ) | | 8,581 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total current assets |
168,156 | (9,737 | ) | |||||||||||||
Property and equipment, at cost: |
||||||||||||||||
Oil and natural gas properties, successful efforts method |
1,272,830 | (50,759 | ) | | 1,222,071 | |||||||||||
Other |
7,431 | (500 | ) | | 6,931 | |||||||||||
Accumulated depreciation, depletion and impairment |
(259,121 | ) | 23,463 | | (235,658 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Oil and natural gas properties, net |
1,021,140 | (27,796 | ) | | 993,344 | |||||||||||
Long-term derivative instruments |
5,959 | | 5,959 | |||||||||||||
Investments in unconsolidated affiliates |
50,780 | | (50,206 | )(a) | 574 | |||||||||||
Restricted cash |
15,506 | | (15,000 | )(a) | 506 | |||||||||||
Other long-term assets |
19,593 | | (f) | |||||||||||||
(19,727 | )(h) | |||||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total assets |
$ | 1,281,134 | $ | (37,533 | ) | $ | $ | |||||||||
|
|
|
|
|
|
|
|
F-12
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
MRD
Segment Historical |
Exclude BlueStone Holdings & Classic Pipeline |
Offering & Restructuring Related Adjustments |
MRD Segment Pro Forma Combined |
|||||||||||||
LIABILITIES AND EQUITY |
||||||||||||||||
Current liabilities: |
||||||||||||||||
Accounts payable |
$ | 12,561 | (401 | ) | $ | | $ | 12,160 | ||||||||
Accounts payableaffiliates |
4,493 | (119 | ) | | 4,374 | |||||||||||
Revenues payable |
39,800 | (429 | ) | | 39,371 | |||||||||||
Accrued liabilities |
58,373 | (1,333 | ) | | 57,040 | |||||||||||
Short-term derivative instruments |
1,715 | | | 1,715 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total current liabilities |
116,942 | (2,282 | ) | | 114,660 | |||||||||||
Long-term debtMRD Segment |
871,150 | | (f) | |||||||||||||
(871,150 | )(g) | |||||||||||||||
Asset retirement obligations |
12,059 | (631 | ) | | 11,428 | |||||||||||
Long-term derivative instruments |
205 | | | 205 | ||||||||||||
Other long-term liabilities |
1,366 | | | (d) | 1,366 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total liabilities |
1,001,722 | (2,913 | ) | |||||||||||||
Equity: |
||||||||||||||||
Common stock |
| | (b) | |||||||||||||
(c) | ||||||||||||||||
(e) | ||||||||||||||||
Additional paid in capital |
| | (b) | |||||||||||||
(c) | ||||||||||||||||
(e) | ||||||||||||||||
(g) | ||||||||||||||||
Accumulated deficit |
| | (c) | |||||||||||||
(d) | ||||||||||||||||
(19,727 | )(h) | |||||||||||||||
Members equity |
232,774 | (28,544 | ) | (104,024 | )(b) | | ||||||||||
(50,000 | )(a) | |||||||||||||||
(50,206 | )(a) | |||||||||||||||
Previous Owners |
40,331 | | | 40,331 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total members equity |
273,105 | (28,544 | ) | |||||||||||||
Noncontrolling interest |
6,307 | (6,076 | ) | (231 | )(c) | | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total equity |
279,412 | (34,620 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total liabilities and equity |
$ | 1,281,134 | $ | (37,533 | ) | $ | $ | |||||||||
|
|
|
|
|
|
|
|
F-13
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
Unaudited Pro Forma Condensed Combined Statements of OperationsFor the Year Ended December 31, 2013
. | MRD Segment Historical |
Exclude BlueStone Holdings & Class Pipeline |
MRD Segment Adjustments |
Offering & Restructuring Related Adjustments |
MRD Segment Pro Forma Combined |
|||||||||||||||
Revenues: |
||||||||||||||||||||
Oil & natural gas sales |
$ | 230,751 | $ | (18,148 | ) | $ | | $ | | $ | 212,603 | |||||||||
Other revenues |
807 | (807 | ) | | | | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total revenues |
231,558 | (18,955 | ) | | | 212,603 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Costs and expenses: |
||||||||||||||||||||
Lease operating |
25,006 | (1,652 | ) | | | 23,354 | ||||||||||||||
Exploration |
1,226 | | | | 1,226 | |||||||||||||||
Production and ad valorem taxes |
9,362 | (877 | ) | | | 8,485 | ||||||||||||||
Depreciation, depletion, and amortization |
87,043 | (10,519 | ) | | | 76,524 | ||||||||||||||
Impairment of proved oil and natural gas properties |
2,527 | (2,399 | ) | | | 128 | ||||||||||||||
General and administrative |
81,758 | (24,260 | ) | | | 57,498 | ||||||||||||||
Accretion of asset retirement obligations |
728 | (58 | ) | | | 670 | ||||||||||||||
(Gain) loss on commodity derivative instruments |
(3,013 | ) | (17 | ) | | | (3,030 | ) | ||||||||||||
(Gain) loss on sale of properties |
(82,773 | ) | 89,548 | | | 6,775 | ||||||||||||||
Other, net |
2 | | | | 2 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total costs and expenses |
121,866 | 49,766 | | | 171,632 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Operating income |
109,692 | (68,721 | ) | | | 40,971 | ||||||||||||||
Other income (expense): |
||||||||||||||||||||
Interest expense, net |
(27,349 | ) | 53 | | (i) | |||||||||||||||
1,411 | (j) | |||||||||||||||||||
20,814 | (k) | |||||||||||||||||||
Earnings from equity investments |
1,066 | | | (797 | )(m) | 269 | ||||||||||||||
Other, net |
145 | (2 | ) | | | 143 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Total other income (expense) |
(26,138 | ) | 51 | | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Income (loss) before income taxes |
83,554 | (68,670 | ) | | ||||||||||||||||
Income tax benefit (expense) |
(1,311 | ) | 1,147 | | (l) | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||
Net income (loss) |
$ | 82,243 | $ | (67,523 | ) | $ | | $ | $ | |||||||||||
|
|
|
|
|
|
|
|
|
|
F-14
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
Note 3. Pro Forma Adjustments and Assumptions
Unaudited Pro Forma Condensed Combined Balance Sheet
The following adjustments were made in the preparation of the unaudited pro forma condensed combined balance sheet:
(a) | Pro forma adjustments to reflect the $50 million in cash to be released from its debt service reserve account in connection with the redemption of the PIK notes as well as the exclusion of the MEMP subordinated units. |
(b) | Pro forma adjustment to reflect the issuance of shares of our common stock to MRD LLC in exchange for: (1) 100% of the ownership interests in Classic, Classic GP, Black Diamond, Beta Operating, MRD Operating and MEMP GP; (2) 99.9% of the membership interests in WildHorse Resources; and (3) 50% of the incentive distribution rights of MEMP. |
(c) | Pro forma adjustment to reflect the contribution from certain former management members of WildHorse Resources to us of the remaining 0.1% membership interest in WildHorse Resources and the forfeiture of their incentive units in exchange for shares of our common stock and cash consideration of $ . The cash consideration will be paid from the net proceeds from the Offering and borrowings under a new revolving credit facility as discussed in (e) and (f) below. The portion of the total consideration related to acquiring the 0.1% membership interest will be accounted for as the acquisition of noncontrolling interests and the remaining portion related to the incentive units will be recorded as compensation expense within general and administrative expenses. A corresponding charge to earnings has not been reflected in the unaudited pro forma combined statements of operations as the charge is considered non-recurring. |
(d) | Pro forma adjustment to reflect the estimated change in long-term deferred tax liabilities for temporary differences between the historical cost basis and tax basis of the assets and liabilities being contributed to MRDC. MRDC will be subject to subchapter C of the Internal Revenue Code of 1986, as amended, and as a result, will become taxable as a corporation and subject to U.S. federal and state income taxes at the entity level. A corresponding charge to earnings has not been reflected in the unaudited pro forma combined statements of operations as the charge is considered non-recurring. |
(e) | Pro forma adjustments to reflect the estimated gross proceeds of million to the Company from the issuance and sale of million shares of common stock at an assumed initial public offering price of $ per share (the midpoint of the price range set forth on the cover of this registration statement), net of estimated underwriting discounts and commissions of $ million and additional estimated expenses related to the Offering of approximately $ million. |
(f) | Pro forma adjustment to reflect the cash proceeds from borrowings by MRDC of $ million under a new credit facility and financing costs of $ . |
(g) | Pro forma adjustments to record the use of the $ million of net proceeds from this Offering and borrowings under our new revolving credit facility to: (1) redeem the PIK notes in their entirety and pay any applicable premium in connection with such redemption and accrued and unpaid interest, if any, to the date of redemption; (2) repay indebtedness under WildHorse Resources revolving and second lien credit facilities; and (3) pay cash consideration to former management members of WildHorse Resources. |
(h) | Pro forma adjustment to reflect a $8.3 million write-off of unamortized deferred financing costs associated with the PIK notes upon redemption and a $11.4 million of write-off of unamortized deferred financing costs associated with WildHorse Resources revolving and second lien credit facilities; however, a corresponding charge to earnings has not been reflected in the unaudited pro forma combined statements of operations as the charge is considered non-recurring. |
F-15
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
Unaudited Pro Forma Condensed Combined Statements of Operations
The following adjustments were made in the preparation of the unaudited pro forma condensed combined statements of operations for the year ended December 31, 2013:
(i) | Pro forma adjustment to reflect the incurrence of interest expense on $ million of borrowings by MRDC under a new credit facility at LIBOR plus % and expenses on the unused borrowing base of %. Pro forma adjustment also reflects amortization of deferred financing costs of approximately $ million for the year ended December 31, 2013. A one-eighth percentage point change in the interest rate would change pro forma interest by $ million for the year ended December 31, 2013. |
(j) | Pro forma adjustment to reflect a reduction in interest expense on the PIK notes as a result of applying $ million of net proceeds from this Offering to redeem the PIK notes in their entirety. |
(k) | Pro forma adjustment to reflect a reduction in interest expense under WildHorse Resources revolving and second lien credit facilities associated with repayment of such debt with net proceeds from the Offering and borrowing by MRDC under a new credit facility. The second lien facility was entered into in June 2013. |
(l) | Pro forma adjustment to reflect the estimated incremental income tax provision associated with the historical results of operations and pro forma adjustments assuming the earnings had been subject to federal income tax as a subchapter C corporation using an effective tax rate of approximately %. This rate is inclusive of federal and state income taxes. |
(m) | Pro forma adjustment to reflect the exclusion of the MEMP subordinated units. |
(n) | Basic and diluted earnings per share is based on the issuance and sale of shares of common stock at the initial public offering. |
Note 4. Pro Forma Proved Reserves and Standardized Measure of Discounted Future Net Cash Flows
Users of this information should be aware that the process of estimating quantities of proved and proved developed oil and natural gas reserves is very complex, requiring significant subjective decisions in the evaluation of all available geological, engineering and economic data for each reservoir. The data for a given reservoir may also change substantially over time as a result of numerous factors including, but not limited to, additional activity, evolving production history and continual reassessment of the viability of production under varying economic conditions. As a result, revisions to existing reserve estimates may occur from time to time. Although every reasonable effort is made to ensure reserve estimates reported represent the most accurate assessments possible, the subjective decisions and variances in available data for various reservoirs make these estimates generally less precise than other estimates included in the financial statement disclosures.
Proved reserves are those quantities of oil and natural gas that by analysis of geoscience and engineering data can be estimated with reasonable certainty to be economically produciblefrom a given date forward, from known reservoirs, and under existing economic conditions, operating methods and government regulationsprior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. The project to extract the hydrocarbons must have commenced or the operator must be reasonably certain that it will continue the project within a reasonable time.
Netherland, Sewell & Associates, Inc. (NSAI) was engaged to prepare all of our estimated proved reserves (by volume) at December 31, 2013. All proved reserves are located in the United States and all prices are held constant in accordance with SEC rules.
In accordance with SEC regulations, reserves at December 31, 2013 were estimated using the unweighted arithmetic average first-day-of-the-month price for the preceding 12-month period.
F-16
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
The following table sets forth estimates of the net reserves as of December 31, 2013:
MRD LLC Historical Equivalent (MMcfe) |
Exclude BlueStone Holdings Equivalent (MMcfe) |
MRDC Pro Forma Combined Equivalent (MMcfe) |
||||||||||
Proved developed and undeveloped reserves: |
||||||||||||
Beginning of year |
2,074,990 | (8,057 | ) | 2,066,933 | ||||||||
Extensions and discoveries |
295,832 | | 295,832 | |||||||||
Purchase of minerals in place |
57,737 | | 57,737 | |||||||||
Production |
(103,122 | ) | 1,690 | (101,432 | ) | |||||||
Sales of minerals in place |
(27,169 | ) | 4,178 | (22,991 | ) | |||||||
Revision of previous estimates |
(157,586 | ) | 2,189 | (155,397 | ) | |||||||
|
|
|
|
|
|
|||||||
End of year(1) |
2,140,682 | | 2,140,682 | |||||||||
|
|
|
|
|
|
|||||||
Proved developed reserves: |
||||||||||||
Beginning of year |
957,573 | (4,901 | ) | 952,672 | ||||||||
End of year |
984,534 | | 984,534 | |||||||||
Proved undeveloped reserves: |
||||||||||||
Beginning of year |
1,117,417 | (3,156 | ) | 1,114,261 | ||||||||
End of year |
1,156,148 | | 1,156,148 |
(1) | MRD LLC historical column includes reserves of 965,110 MMcfe attributable to noncontrolling interests and the previous owners. |
A variety of methodologies are used to determine our proved reserve estimates. The principal methodologies employed are reservoir simulation, decline curve analysis, volumetric, material balance, advance production type curve matching, petro-physics/log analysis and analogy. Some combination of these methods is used to determine reserve estimates in substantially all of our fields.
The standardized measure of discounted future net cash flows presented below is computed by applying first of month average prices, year-end costs and legislated tax rates and a discount factor of 10 percent to proved reserves. We do not believe the standardized measure provides a reliable estimate of the expected future cash flows to be obtained from the development and production of its oil and gas properties or of the value of its proved oil and gas reserves. The standardized measure is prepared on the basis of certain prescribed assumptions including first of month average prices, which represent discrete points in time and therefore may cause significant variability in cash flows from year to year as prices change.
F-17
MEMORIAL RESOURCE DEVELOPMENT CORP.
NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS
The standardized measure of discounted future net cash flows is as follows for the year ended December 31, 2013 (in thousands):
MRD LLC Historical |
Offering & Restructuring Related Adjustments |
MRDC Pro Forma Combined |
||||||||||
Future cash inflows |
$ | 12,614,998 | $ | | $ | 12,614,998 | ||||||
Future production costs |
(4,306,398 | ) | | (4,306,398 | ) | |||||||
Future development costs |
(2,038,803 | ) | | (2,038,803 | ) | |||||||
Future income tax expense(1) |
| (821,733 | ) | (821,733 | ) | |||||||
|
|
|
|
|
|
|||||||
Future net cash flows for estimated timing of cash flows |
6,269,797 | (821,733 | ) | 5,448,064 | ||||||||
10% annual discount for estimated timing of cash flows |
(3,192,733 | ) | 392,018 | (2,800,715 | ) | |||||||
|
|
|
|
|
|
|||||||
Standardized measure of discounted future net cash flows(2) |
$ | 3,077,064 | $ | (429,715 | ) | $ | 2,647,349 | |||||
|
|
|
|
|
|
(1) | Pro forma adjustment to reflect the estimated incremental income tax provision associated with the historical results of operations and pro forma adjustments for the MRD Segment assuming the earnings had been subject to federal income tax as a subchapter C corporation using an effective tax rate of approximately 36%. This rate is inclusive of federal and state income taxes. |
(2) | The MRD LLC Historical column includes $1,529,217 attributable to noncontrolling interests and the previous owners and on a pro forma basis includes $1,506,499 attributable to noncontrolling interests and the previous owners. |
The following is a summary of the changes in the standardized measure of discounted future net cash flows for the proved oil and natural gas reserves during the year ended December 31, 2013 (in thousands):
MRD LLC Historical |
Exclude BlueStone Holdings |
Offering & Restructuring Related Adjustments |
MRDC Pro Forma Combined |
|||||||||||||
Beginning of year |
$ | 2,910,511 | $ | (35,469 | ) | $ | | $ | 2,875,042 | |||||||
Sale of oil and natural gas produced, net of production costs |
(430,964 | ) | 13,694 | | (417,270 | ) | ||||||||||
Purchase of minerals in place |
74,337 | | | 74,337 | ||||||||||||
Sale of minerals in place |
(54,091 | ) | 24,718 | | (29,373 | ) | ||||||||||
Extensions and discoveries |
437,427 | | | 437,427 | ||||||||||||
Changes in income taxes |
| | (429,715 | ) | (429,715 | ) | ||||||||||
Changes in prices and costs |
(85,731 | ) | | | (85,731 | ) | ||||||||||
Previously estimated development costs incurred |
261,787 | (4,048 | ) | | 257,739 | |||||||||||
Net changes in future development costs |
(17,514 | ) | | | (17,514 | ) | ||||||||||
Revisions of previous quantities |
(327,926 | ) | | | (327,926 | ) | ||||||||||
Accretion of discount |
287,535 | | | 287,535 | ||||||||||||
Change in production rates and other |
21,693 | 1,105 | | 22,798 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
End of year |
$ | 3,077,064 | $ | | $ | (429,715 | ) | $ | 2,647,349 | |||||||
|
|
|
|
|
|
|
|
F-18
MRD Segment
The following table sets forth estimates of the net reserves as of December 31, 2013:
MRD Segment Historical Equivalent (MMcfe) |
Exclude BlueStone Holdings Equivalent (MMcfe) |
MRD Segment Pro Forma Combined Equivalent (MMcfe) |
||||||||||
Proved developed and undeveloped reserves: |
||||||||||||
Beginning of year |
1,059,895 | (8,057 | ) | 1,051,838 | ||||||||
Extensions and discoveries |
210,652 | | 210,652 | |||||||||
Purchase of minerals in place |
39,183 | | 39,183 | |||||||||
Production |
(46,819 | ) | 1,690 | (45,129 | ) | |||||||
Sales of minerals in place |
(27,169 | ) | 4,178 | (22,991 | ) | |||||||
Revision of previous estimates |
(110,165 | ) | 2,189 | (107,976 | ) | |||||||
|
|
|
|
|
|
|||||||
End of year(1) |
1,125,577 | | 1,125,577 | |||||||||
|
|
|
|
|
|
|||||||
Proved developed reserves: |
||||||||||||
Beginning of year |
337,869 | (4,901 | ) | 332,968 | ||||||||
End of year |
367,641 | | 367,641 | |||||||||
Proved undeveloped reserves: |
||||||||||||
Beginning of year |
722,026 | (3,156 | ) | 718,870 | ||||||||
End of year |
757,936 | | 757,936 |
(1) | MRD segment historical column includes reserves of 965,110 MMcfe attributable to noncontrolling interests and the previous owners. |
The standardized measure of discounted future net cash flows is as follows for the year ended December 31, 2013 (in thousands):
MRD Segment Historical |
Exclude BlueStone Holdings |
Offering & Restructuring Related Adjustments |
MRD Segment Pro Forma Combined |
|||||||||||||
Future cash inflows |
$ | 5,722,848 | $ | | $ | | $ | 5,722,848 | ||||||||
Future production costs |
(1,587,374 | ) | | | (1,587,374 | ) | ||||||||||
Future development costs |
(1,352,945 | ) | | | (1,352,945 | ) | ||||||||||
Future income tax expense(1) |
| | (760,433 | ) | (760,433 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Future net cash flows for estimated timing of cash flows |
2,782,529 | | (760,433 | ) | 2,022,096 | |||||||||||
10% annual discount for estimated timing of cash flows |
(1,313,577 | ) | | 358, 986 | (954,591 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Standardized measure of discounted future net cash flows(2) |
$ | 1,468,952 | $ | | $ | (401,447 | ) | $ | 1,067,505 | |||||||
|
|
|
|
|
|
|
|
(1) | Pro forma adjustment to reflect the estimated incremental income tax provision associated with the historical results of operations and pro forma adjustments for the MRD Segment assuming the earnings had been subject to federal income tax as a subchapter C corporation using an effective tax rate of approximately 36%. This rate is inclusive of federal and state income taxes. |
(2) | The MRD Segment Historical column includes $63,422 attributable to noncontrolling interests and the previous owners and on a pro forma basis includes $40,704 attributable to noncontrolling interests and the previous owners. |
F-19
The following is a summary of the changes in the standardized measure of discounted future net cash flows for the proved oil and natural gas reserves during the year ended December 31, 2013 (in thousands):
MRD Segment Historical |
Exclude BlueStone Holdings |
Offering & Restructuring Related Adjustments |
MRD Segment Pro Forma Combined |
|||||||||||||
Beginning of year |
$ | 1,320,595 | $ | (35,469 | ) | $ | | $ | 1,285,126 | |||||||
Sale of oil and natural gas produced, net of production costs |
(196,444 | ) | 13,694 | | (182,750 | ) | ||||||||||
Purchase of minerals in place |
51,177 | | | 51,177 | ||||||||||||
Sale of minerals in place |
(54,091 | ) | 24,718 | | (29,373 | ) | ||||||||||
Extensions and discoveries |
301,004 | | | 301,004 | ||||||||||||
Changes in income taxes |
| | (401,447 | ) | (401,447 | ) | ||||||||||
Changes in prices and costs |
(11,336 | ) | | | (11,336 | ) | ||||||||||
Previously estimated development costs incurred |
87,297 | (4,048 | ) | | 83,249 | |||||||||||
Net changes in future development costs |
57,353 | | | 57,353 | ||||||||||||
Revisions of previous quantities |
(186,804 | ) | | | (186,804 | ) | ||||||||||
Accretion of discount |
128,544 | | | 128,544 | ||||||||||||
Change in production rates and other |
(28,343 | ) | 1,105 | | (27,238 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
End of year |
$ | 1,468,952 | $ | | $ | (401,447 | ) | $ | 1,067,505 | |||||||
|
|
|
|
|
|
|
|
F-20
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Board of Managers
Memorial Resource Development LLC:
We have audited the accompanying consolidated and combined balance sheets of Memorial Resource Development LLC and subsidiaries (the Company) as of December 31, 2013 and 2012, and the related consolidated and combined statements of operations, equity, and cash flows for the years then ended. In connection with our audits of the consolidated and combined financial statements, we also have audited Schedule ICondensed Financial Information (Schedule I). These consolidated and combined financial statements and Schedule I are the responsibility of the Companys management. Our responsibility is to express an opinion on these consolidated and combined financial statements and Schedule I based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Companys internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the consolidated and combined financial statements referred to above present fairly, in all material respects, the financial position of Memorial Resource Development LLC and subsidiaries as of December 31, 2013 and 2012, and the results of their operations and their cash flows for each of the years then ended in conformity with U.S. generally accepted accounting principles. Also in our opinion, the related Schedule I, when considered in relation to the basic consolidated and combined financial statements taken as a whole, present fairly, in all material respects, the information set forth therein.
As discussed in Note 1 to the consolidated and combined financial statements, the balances sheets, and the related statements of operations, equity, and cash flows have been prepared on a combined basis of accounting.
/s/ KPMG LLP
Dallas, Texas
April 4, 2014
F-21
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
CONSOLIDATED AND COMBINED BALANCE SHEETS
(In thousands)
December 31, | ||||||||
2013 | 2012 | |||||||
ASSETS |
||||||||
Current assets: |
||||||||
Cash and cash equivalents |
$ | 77,721 | $ | 49,391 | ||||
Restricted cash |
35,000 | 2,013 | ||||||
Accounts receivable: |
||||||||
Oil and natural gas sales |
68,764 | 64,128 | ||||||
Joint interest owners and other |
19,958 | 17,701 | ||||||
Affiliates |
4,652 | 77 | ||||||
Short-term derivative instruments |
9,289 | 41,921 | ||||||
Prepaid expenses and other current assets |
19,513 | 13,577 | ||||||
|
|
|
|
|||||
Total current assets |
234,897 | 188,808 | ||||||
Property and equipment, at cost: |
||||||||
Oil and natural gas properties, successful efforts method |
3,037,298 | 2,637,466 | ||||||
Other |
10,331 | 9,920 | ||||||
Accumulated depreciation, depletion and impairment |
(627,925 | ) | (471,949 | ) | ||||
|
|
|
|
|||||
Oil and natural gas properties, net |
2,419,704 | 2,175,437 | ||||||
Long-term derivative instruments |
48,616 | 17,179 | ||||||
Restricted investments |
73,385 | 68,024 | ||||||
Restricted cash |
15,506 | | ||||||
Other long-term assets |
37,053 | 9,856 | ||||||
|
|
|
|
|||||
Total assets |
$ | 2,829,161 | $ | 2,459,304 | ||||
|
|
|
|
|||||
LIABILITIES AND EQUITY |
||||||||
Current liabilities: |
||||||||
Accounts payable |
$ | 20,734 | $ | 36,633 | ||||
Accounts payableaffiliates |
1,975 | | ||||||
Revenues payable |
56,091 | 50,967 | ||||||
Accrued liabilities |
98,130 | 33,487 | ||||||
Short-term derivative instruments |
9,711 | 4,667 | ||||||
|
|
|
|
|||||
Total current liabilities |
186,641 | 125,754 | ||||||
Long-term debtMRD Segment |
871,150 | 309,200 | ||||||
Long-term debtMEMP Segment |
792,067 | 630,182 | ||||||
Asset retirement obligations |
111,679 | 101,990 | ||||||
Long-term derivative instruments |
6,080 | 11,623 | ||||||
Other long-term liabilities |
3,412 | 3,846 | ||||||
|
|
|
|
|||||
Total liabilities |
1,971,029 | 1,182,595 | ||||||
Commitments and contingencies (Note 14) |
||||||||
Equity: |
||||||||
Members |
237,186 | 811,614 | ||||||
Previous owners (Note 1) |
40,331 | 233,433 | ||||||
|
|
|
|
|||||
Total members equity |
277,517 | 1,045,047 | ||||||
Noncontrolling interest |
580,615 | 231,662 | ||||||
|
|
|
|
|||||
Total equity |
858,132 | 1,276,709 | ||||||
|
|
|
|
|||||
Total liabilities and equity |
$ | 2,829,161 | $ | 2,459,304 | ||||
|
|
|
|
See Accompanying Notes to Consolidated and Combined Financial Statements.
F-22
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
STATEMENTS OF CONSOLIDATED AND COMBINED OPERATIONS
(In thousands)
For Year Ended December 31, | ||||||||
2013 | 2012 | |||||||
Revenues: |
||||||||
Oil & natural gas sales |
$ | 571,948 | $ | 393,631 | ||||
Other revenues |
3,075 | 3,237 | ||||||
|
|
|
|
|||||
Total revenues |
575,023 | 396,868 | ||||||
|
|
|
|
|||||
Costs and expenses: |
||||||||
Lease operating |
113,640 | 103,754 | ||||||
Pipeline operating |
1,835 | 2,114 | ||||||
Exploration |
2,356 | 9,800 | ||||||
Production and ad valorem taxes |
27,146 | 23,624 | ||||||
Depreciation, depletion, and amortization |
184,717 | 138,672 | ||||||
Impairment of proved oil and natural gas properties |
6,600 | 28,871 | ||||||
General and administrative |
125,358 | 69,187 | ||||||
Accretion of asset retirement obligations |
5,581 | 5,009 | ||||||
(Gain) loss on commodity derivative instruments |
(29,294 | ) | (34,905 | ) | ||||
(Gain) loss on sale of properties |
(85,621 | ) | (9,761 | ) | ||||
Other, net |
649 | 502 | ||||||
|
|
|
|
|||||
Total costs and expenses |
352,967 | 336,867 | ||||||
|
|
|
|
|||||
Operating income |
222,056 | 60,001 | ||||||
Other income (expense): |
||||||||
Interest expense, net |
(69,250 | ) | (33,238 | ) | ||||
Amortization of investment premium |
| (194 | ) | |||||
Other, net |
145 | 535 | ||||||
|
|
|
|
|||||
Total other income (expense) |
(69,105 | ) | (32,897 | ) | ||||
|
|
|
|
|||||
Income before income taxes |
152,951 | 27,104 | ||||||
Income tax benefit (expense) |
(1,619 | ) | (107 | ) | ||||
|
|
|
|
|||||
Net income |
151,332 | 26,997 | ||||||
Net income (loss) attributable to noncontrolling interest |
49,830 | (2,701 | ) | |||||
|
|
|
|
|||||
Net income (loss) attributable to Memorial Resource Development LLC |
$ | 101,502 | $ | 29,698 | ||||
|
|
|
|
|||||
Net income (loss) attributable to members |
$ | 90,712 | $ | (7,620 | ) | |||
Net income (loss) attributable to previous owners (Note 1) |
10,790 | 37,318 | ||||||
|
|
|
|
|||||
Net income (loss) attributable to Memorial Resource Development LLC |
$ | 101,502 | $ | 29,698 | ||||
|
|
|
|
|||||
Income before income taxes |
152,951 | 27,104 | ||||||
Pro forma provision for income taxes (Note 2) |
(55,154 | ) | (9,592 | ) | ||||
|
|
|
|
|||||
Pro forma net income |
$ | 97,797 | $ | 17,512 | ||||
|
|
|
|
|||||
Pro forma basic and diluted earnings per share |
||||||||
Pro forma basic and diluted weighted average shares outstanding |
See Accompanying Notes to Consolidated and Combined Financial Statements.
F-23
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
STATEMENTS OF CONSOLIDATED AND COMBINED CASH FLOWS
(In thousands)
For Year Ended December 31, | ||||||||
2013 | 2012 | |||||||
Cash flows from operating activities: |
||||||||
Net income |
$ | 151,332 | $ | 26,997 | ||||
Adjustments to reconcile net income to net cash provided by operating activities: |
||||||||
Depreciation, depletion, and amortization |
184,717 | 138,672 | ||||||
Impairment of oil and natural gas properties |
6,600 | 28,871 | ||||||
(Gain) loss on derivative instruments |
(29,533 | ) | (29,323 | ) | ||||
Cash settlements on derivative instruments |
30,403 | 72,045 | ||||||
Premiums paid for derivatives |
| (411 | ) | |||||
Deferred income tax expense (benefit) |
76 | (312 | ) | |||||
Amortization of loan origination costs |
8,343 | 3,584 | ||||||
Accretion of senior notes net discount |
554 | | ||||||
Amortization of investment premium |
| 194 | ||||||
Accretion of asset retirement obligations |
5,581 | 5,009 | ||||||
Amortization of MEMP equity awards |
3,557 | 1,423 | ||||||
(Gain) loss on sale of properties |
(85,621 | ) | (9,761 | ) | ||||
Non-cash compensation expense |
1,057 | | ||||||
Exploration costs |
181 | 6,980 | ||||||
Changes in operating assets and liabilities: |
||||||||
Accounts receivable |
(15,758 | ) | (7,382 | ) | ||||
Prepaid expenses and other |
(2,986 | ) | (1,574 | ) | ||||
Payables and accrued liabilities |
19,320 | 5,392 | ||||||
|
|
|
|
|||||
Net cash provided by operating activities |
277,823 | 240,404 | ||||||
|
|
|
|
|||||
Cash flows from investing activities: |
||||||||
Acquisition of oil and natural gas properties |
(105,762 | ) | (360,678 | ) | ||||
Additions to oil and gas properties |
(360,015 | ) | (273,334 | ) | ||||
Additions to restricted investments |
(5,361 | ) | (4,599 | ) | ||||
Additions to other property and equipment |
(2,670 | ) | (2,674 | ) | ||||
Additions to restricted cash |
(49,347 | ) | (3 | ) | ||||
Proceeds from the sale of oil and gas properties |
155,712 | 34,521 | ||||||
Other |
| 29 | ||||||
|
|
|
|
|||||
Net cash used in investing activities |
(367,443 | ) | (606,738 | ) | ||||
|
|
|
|
|||||
Cash flows from financing activities: |
||||||||
Advances on revolving credit facility |
1,132,755 | 619,450 | ||||||
Payments on revolving credit facility |
(1,766,037 | ) | (251,569 | ) | ||||
Loan origination fees |
(41,175 | ) | (3,501 | ) | ||||
Borrowings under second lien credit facility |
325,000 | | ||||||
Proceeds from the issuances of senior notes |
1,031,563 | | ||||||
Purchase of additional interests in consolidated subsidiaries |
(15,135 | ) | | |||||
Contributions from previous owners |
1,214 | 44,072 | ||||||
Proceeds from changes in ownership interests of MEMP |
135,012 | | ||||||
Proceeds from MEMP public equity offering |
511,204 | 202,573 | ||||||
Costs incurred in conjunction with MEMP public equity offering |
(21,066 | ) | (8,268 | ) | ||||
Contributions from NGP affiliates related to sale of properties |
2,013 | 45,158 | ||||||
Distributions to the Funds |
(732,362 | ) | | |||||
Distributions to noncontrolling interests |
(78,083 | ) | (15,208 | ) | ||||
Distribution to NGP affiliates (see Note 1) |
(355,494 | ) | (242,174 | ) | ||||
Distributions made by previous owners |
(4,005 | ) | (28,772 | ) | ||||
Cash retained by previous owners |
(7,909 | ) | | |||||
Other |
455 | | ||||||
|
|
|
|
|||||
Net cash provided by financing activities |
117,950 | 361,761 | ||||||
|
|
|
|
|||||
Net change in cash and cash equivalents |
28,330 | (4,573 | ) | |||||
Cash and cash equivalents, beginning of year |
49,391 | 53,964 | ||||||
|
|
|
|
|||||
Cash and cash equivalents, end of year |
$ | 77,721 | $ | 49,391 | ||||
|
|
|
|
|||||
Supplemental cash flows: |
||||||||
Cash paid for interest |
$ | 61,140 | $ | 23,525 | ||||
Noncash investing and financing activities: |
||||||||
Change in capital expenditures in payables and accrued liabilities |
41,017 | 17,158 | ||||||
Assumptions of asset retirement obligations related to properties acquired or drilled |
4,227 | 7,962 | ||||||
Contribution of oil and gas properties from NGP affiliate |
| 6,893 | ||||||
Accrued distribution to NGP affiliates related to Cinco Group acquisition |
4,352 | | ||||||
Contribution related to sale of assets to NGP affiliaterestricted cash |
| 2,013 | ||||||
Accrued equity offering costs |
| 171 | ||||||
Distributions to noncontrolling interests |
| 47 |
See Accompanying Notes to Consolidated and Combined Financial Statements.
F-24
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
STATEMENTS OF CONSOLIDATED AND COMBINED EQUITY
(In thousands)
Members Equity | ||||||||||||||||
Previous | Noncontrolling | |||||||||||||||
Members | Owners | Interest | Total | |||||||||||||
Balance January 1, 2012 |
$ | 853,436 | $ | 261,340 | $ | 161,588 | $ | 1,276,364 | ||||||||
Net income (loss) |
(7,620 | ) | 37,318 | (2,701 | ) | 26,997 | ||||||||||
Contributions |
| 44,072 | | 44,072 | ||||||||||||
Contribution of oil and gas properties from NGP affiliate |
| 6,893 | | 6,893 | ||||||||||||
Net proceeds from MEMP public equity offering |
| | 194,134 | 194,134 | ||||||||||||
Distributions |
| (28,772 | ) | (15,255 | ) | (44,027 | ) | |||||||||
Net book value of net assets acquired from affiliates (Note 12) |
52,217 | (93,696 | ) | 41,479 | | |||||||||||
Amortization of MEMP equity awards |
| | 1,423 | 1,423 | ||||||||||||
Noncontrolling interests share of net book value in excess of consideration received from sale of assets to MEMP |
727 | | (727 | ) | | |||||||||||
Contribution related to sale of assets to NGP affiliate |
6,291 | 40,138 | 742 | 47,171 | ||||||||||||
Net book value of assets acquired by NGP affiliate |
(579 | ) | (33,859 | ) | (68 | ) | (34,506 | ) | ||||||||
Distribution to affiliate in connection with acquisition of assets |
(134,964 | ) | | (107,210 | ) | (242,174 | ) | |||||||||
Impact from equity transactions of MEMP |
41,930 | | (41,930 | ) | | |||||||||||
Other |
176 | (1 | ) | 187 | 362 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Balance December 31, 2012 |
811,614 | 233,433 | 231,662 | 1,276,709 | ||||||||||||
Net income (loss) |
90,712 | 10,790 | 49,830 | 151,332 | ||||||||||||
Contributions |
| 1,214 | | 1,214 | ||||||||||||
Net proceeds from MEMP public equity offering |
| | 490,138 | 490,138 | ||||||||||||
Sale of MEMP common units |
60,701 | | 74,311 | 135,012 | ||||||||||||
Distributions |
(732,362 | ) | (4,005 | ) | (78,083 | ) | (814,450 | ) | ||||||||
Net book value of net assets acquired from affiliates (Note 12) |
50,751 | (181,556 | ) | 130,805 | | |||||||||||
Amortization of MEMP equity awards |
| | 3,557 | 3,557 | ||||||||||||
Noncontrolling interests share of cash consideration received in excess of the net book value sold to MEMP |
(24 | ) | | 24 | | |||||||||||
Distribution to affiliate in connection with acquisition of assets |
(98,180 | ) | | (253,055 | ) | (351,235 | ) | |||||||||
Purchase of noncontrolling interests |
(303 | ) | | (14,832 | ) | (15,135 | ) | |||||||||
Impact from equity transactions of MEMP |
54,183 | | (54,183 | ) | | |||||||||||
Other |
94 | (2,299 | ) | 441 | (1,764 | ) | ||||||||||
Net assets retained by previous owners |
| (17,246 | ) | | (17,246 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Balance December 31, 2013 |
$ | 237,186 | $ | 40,331 | $ | 580,615 | $ | 858,132 | ||||||||
|
|
|
|
|
|
|
|
See Accompanying Notes Consolidated and Combined Financial Statements.
F-25
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Note 1. Background, Organization and Basis of Presentation
Background & Organization
Memorial Resource Development LLC (Memorial Resource) is a Delaware limited liability company (the Company) formed on April 27, 2011 by Natural Gas Partners VIII, L.P. (NGP VIII), Natural Gas Partners IX, L.P. (NGP IX) and NGP IX Offshore Holdings, L.P. (NGP IX Offshore) (collectively, the Funds) to own, acquire, exploit and develop oil and natural gas properties. The Funds are private equity funds managed by Natural Gas Partners (NGP). Unless the context requires otherwise, references to we, us, our, or the Company are intended to mean the business and operations of Memorial Resource Development LLC and its consolidated subsidiaries.
These financial statements have been prepared in anticipation of a proposed initial public offering (the Offering) of the common stock of Memorial Resource Development Corp. (MRDC). In connection with the closing of the Offering, Memorial Resource will contribute its ownership interests in all of its directly owned subsidiaries except for BlueStone Natural Resources Holdings, LLC (BlueStone Holdings), Classic Pipeline & Gathering, LLC (Classic Pipeline) as well as two immaterial subsidiaries that were recently formed, and 50% of the incentive distribution rights of Memorial Production Partners LP (MEMP) in exchange for shares of common stock of MRDC. MRDC will become a subsidiary of Memorial Resource. Memorial Resources consolidated and combined financial statements represent MRDCs predecessor for accounting and financial reporting purposes.
At December 31, 2013, BlueStone Holdings total assets were less than 1% of consolidated total assets and the MRD Segments total assets. BlueStone Holdings total revenues were approximately 3% of consolidated total revenues and 7% of the MRD Segments total revenues for the year ended December 31, 2013. BlueStone Holdings production volumes were approximately 2% of consolidated production volumes and 4% of the MRD Segments production volumes for the year ended December 31, 2013.
As of December 31, 2013, Memorial Resources significant consolidating subsidiaries consisted of the following:
| Memorial Production Partners GP LLC (MEMP GP), a wholly-owned subsidiary, owns a 0.1% general partner interest in MEMP represented by 61,300 general partner units as of December 31, 2013. MEMP is a publicly traded Delaware limited partnership, the common units of which are listed on the NASDAQ Global Market under the symbol MEMP. MEMP was formed in April 2011 to own and acquire oil and natural gas properties in North America and completed its initial public offering on December 14, 2011. MEMPs business activities are conducted through its wholly-owned subsidiary Memorial Production Operating LLC (OLLC) and its subsidiaries. All of OLLCs consolidating subsidiaries are wholly-owned either directly or indirectly, except for one indirect majority-owned subsidiary. At December 31, 2013, Memorial Resource owned all of the 5,360,912 subordinated units outstanding. The Funds collectively indirectly own 50% of MEMPs incentive distribution rights (IDRs). Memorial Resource owns the remaining IDRs. MEMPs assets consist primarily of producing oil and natural gas properties and are located in Texas, Louisiana, Colorado, Wyoming, New Mexico, and offshore Southern California. |
| Black Diamond Minerals, LLC (Black Diamond), a wholly-owned subsidiary, together with its majority-owned subsidiary are engaged in the exploration, development, production, and operations of oil and natural gas properties located in Colorado, Oklahoma, and Wyoming. |
| BlueStone Holdings, a majority-owned subsidiary, together with its consolidated subsidiaries (collectively, BlueStone) are engaged in the exploration, development, production, and operations of oil and natural gas properties located in Texas. As of December 31, 2013, Memorial Resource owned an |
F-26
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
89.45% membership interest in BlueStone Holdings and other individuals owned the remaining membership interests. All of BlueStone Holdings consolidating subsidiaries are wholly-owned either directly or indirectly. |
| Classic Hydrocarbons Holdings, L.P. (Classic), an indirect wholly-owned subsidiary, together with its consolidated subsidiaries are engaged in the exploration, development, production, and sale of oil and natural gas primarily in East Texas and Louisiana. As of December 31, 2013, Classic Hydrocarbons GP CO., L.L.C. (Classic GP) owned a 0.41% general partner interest in Classic and Memorial Resource owned a 99.59% limited partner interest in Classic. All of Classics consolidating subsidiaries are wholly-owned either directly or indirectly. As of December 31, 2013, Memorial Resource owned a 100% membership interest in Classic GP. |
| WildHorse Resources, LLC (WildHorse), a majority-owned subsidiary, together with its wholly-owned subsidiary are engaged in the acquisition, exploitation, and development of natural gas and crude oil properties located in Louisiana and Texas. As of December 31, 2013, Memorial Resource owned a 99.89% membership interest in WildHorse and other individuals owned the remaining membership interests. In connection with the closing of the Offering, the remaining membership interests will be contributed to MRDC and incentive units held by certain members of management will be exchanged for shares of common stock of MRDC and cash consideration. |
| Beta Operating Company, LLC (Beta Operating), a wholly-owned subsidiary, employs those employees who operate and support MEMPs offshore Southern California oil and gas properties. Beta Operating was contributed to Memorial Resource by MEMP in December 2012. This entity was formerly owned by an affiliate of NGP. MEMPs acquisition of Beta Operating in December 2012 and the subsequent contribution to Memorial Resource were accounted for as common control transactions at historical cost. |
| Memorial Resource Finance Corp. (MRD Finance Corp.), a wholly-owned subsidiary, has no material assets or any liabilities other than as a co-issuer of our debt securities. Its activities will be limited to co-issuing our debt securities and engaging in other activities incidental thereto. |
MEMP acquired certain oil and natural gas producing properties in East Texas from Tanos Energy, LLC (Tanos) on April 2, 2012. Prior to April 1, 2013, Memorial Resource owned a 98.94% membership interest in Tanos. On April 1, 2013, Memorial Resource purchased the remaining membership interest in Tanos (see Note 11). MEMP acquired certain oil and natural gas producing properties in East Texas from Classic on May 14, 2012; acquired all of the outstanding membership interests in WHT Energy Partners LLC (WHT) from WildHorse and Tanos on March 28, 2013; acquired all the outstanding membership interests in Prospect Energy, LLC (Prospect Energy) from Black Diamond on October 1, 2013; acquired all of the outstanding membership interests in Tanos from Memorial Resource on October 1, 2013; acquired certain of the oil and natural gas properties in Jackson County, Texas (the MRD Assets) from Memorial Resource on October 1, 2013; and acquired certain oil and natural gas producing properties in East Texas from WildHorse on April 1, 2014. These intercompany transactions have been eliminated in preparation of our consolidated and combined financial statements.
References to previous owners for accounting and financial reporting purposes refer collectively to:
| Rise Energy Operating, LLC and its wholly-owned subsidiaries (except for Rise Energy Operating, Inc.) (REO) from February 3, 2009 (inception) through the date of acquisition. MEMP acquired REO, which owns certain operating interests in producing and non-producing oil and gas properties offshore Southern California, in December 2012 from Rise Energy Partners, LP (Rise). Beta Operating was a wholly-owned subsidiary of Rise Energy Operating, LLC until it was contributed to Memorial Resource by MEMP in December 2012. Rise is primarily owned by two of the Funds. |
F-27
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
| Certain oil and natural gas properties and related assets primarily in the Permian Basin, East Texas and the Rockies that MEMP acquired through equity transactions on October 1, 2013 from certain affiliates of NGP. On October 1, 2013, MEMP acquired Boaz Energy, LLC (Boaz), Crown Energy Partners, LLC (Crown), the Crown net profits interest and overriding royalty interest (Crown NPI/ORRI), Propel Energy SPV LLC (Propel SPV), together with its wholly-owned subsidiary Propel Energy Services, LLC (Propel Energy Services), and Stanolind Oil and Gas SPV LLC (Stanolind SPV) from: (a) Boaz Energy Partners, LLC (Boaz Energy Partners), Crown Energy Partners Holdings, LLC (Crown Holdings), Propel Energy, LLC (Propel Energy) and Stanolind Oil and Gas LP (Stanolind), all of which are primarily owned by two of the Funds. |
| A net profits interest that WildHorse purchased from NGP Income Co-Investment Fund II, L.P. (NGPCIF) on February 28, 2014 (NGPCIF NPI). NGPCIF is controlled by NGP. Upon the completion of the 2010 Petrohawk and Clayton Williams acquisitions, WildHorse sold a net profits interest in these properties to NGPCIF (see Note 12). Since WildHorse sold the net profits interest, the historical results are accounted for as a working interest for all periods. |
Basis of Presentation
Our consolidated financial statements include our accounts and those of our majority-owned subsidiaries in which we have a controlling interest. Likewise, the combined financial statements include those of the previous owners for the periods that those entities were under common control.
All material intercompany transactions and balances have been eliminated in preparation of our consolidated and combined financial statements. The accompanying consolidated and combined financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). In the opinion of management, all adjustments necessary for a fair presentation of the financial statements have been made. Certain amounts in the prior year financial statements have been reclassified to conform to the presentation in the current year financial statements.
We have two reportable business segments, both of which are engaged in the acquisition, exploitation, development and production of oil and natural gas properties (See Note 13). Our reportable business segments are as follows:
| MRDreflects the combined operations of Memorial Resource, WildHorse and its previous owners, Classic and Classic GP, Black Diamond, BlueStone, Beta Operating and MEMP GP. |
| MEMPreflects the combined operations of MEMP, its previous owners, and any dropdown transactions between MEMP and other Memorial Resource subsidiaries. |
Segment financial information has been retrospectively revised for the following common control transactions between MEMP and other Memorial Resource subsidiaries for comparability purposes:
| acquisition by MEMP of all the outstanding membership interests in Tanos for a purchase price of approximately $77.4 million on October 1, 2013; |
| acquisition by MEMP of all the outstanding membership interests in Prospect Energy for a purchase price of approximately $16.3 million on October 1, 2013; |
| acquisition by MEMP of all the outstanding membership interests in WHT for a purchase price of approximately $200.0 million on March 28, 2013; |
| acquisition by MEMP of certain assets from Classic in East Texas in May 2012 for a purchase price of approximately $27.0 million; and |
F-28
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
| acquisition by MEMP of certain assets from Tanos in East Texas in April 2012 for a purchase price of approximately $18.5 million. |
Note 2. Summary of Significant Accounting Policies
Use of Estimates
The preparation of consolidated and combined financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated and combined financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Significant estimates include, but are not limited to, oil and natural gas reserves; depreciation, depletion, and amortization of proved oil and natural gas properties; future cash flows from oil and natural gas properties; impairment of long-lived assets; fair value of derivatives; fair value of equity compensation; fair values of assets acquired and liabilities assumed in business combinations and asset retirement obligations.
Principles of Consolidation and Combination
Our consolidated financial statements include our accounts and those of our majority-owned subsidiaries in which we have a controlling interest. Likewise, the combined financial statements include those of the previous owners. All material intercompany balances and transactions have been eliminated.
Cash and Cash Equivalents
Cash and cash equivalents represent unrestricted cash on hand and all highly liquid investments with original contractual maturities of three months or less.
Concentrations of Credit Risk
Cash balances, accounts receivable, restricted investments and derivative financial instruments are financial instruments potentially subject to credit risk. Cash and cash equivalents are maintained in bank deposit accounts which, at times, may exceed the federally insured limits. Management periodically reviews and assesses the financial condition of the banks to mitigate the risk of loss. Various restricted investment accounts fund certain long-term contractual and regulatory asset retirement obligations and collateralize certain regulatory bonds associated with the offshore Southern California oil and gas properties. These restricted investments consist of money market deposit accounts, money market mutual funds, commercial paper, and U.S. Government securities, all held with credit-worthy financial institutions. Derivative financial instruments are generally executed with major financial institutions that expose us to market and credit risks and which may, at times, be concentrated with certain counterparties. The credit worthiness of the counterparties is subject to continual review. We rely upon netting arrangements with counterparties to reduce credit exposure. We have not experienced any losses from such instruments.
Oil and natural gas are sold to a variety of purchasers, including intrastate and interstate pipelines or their marketing affiliates and independent marketing companies. Accounts receivable from joint operations are from a number of oil and natural gas companies, partnerships, individuals, and others who own interests in the properties operated by us and our predecessor. Generally, operators of crude oil and natural gas properties have the right to offset future revenues against unpaid charges related to operated wells, minimizing the credit risk associated with these receivables. Additionally, management believes that any credit risk imposed by a
F-29
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
concentration in the oil and natural gas industry is mitigated by the creditworthiness of its customer base. An allowance for doubtful accounts is recorded after all reasonable efforts have been exhausted to collect or settle the amount owed. Any amounts outstanding longer than the contractual terms are considered past due. Management determined that an allowance for uncollectible accounts was unnecessary at both December 31, 2013 and 2012, respectively.
If we were to lose any one of our customers, the loss could temporarily delay production and the sale of oil and natural gas in the related producing region. If we were to lose any single customer, we believe that a substitute customer to purchase the impacted production volumes could be identified.
Oil and Natural Gas Properties
Oil and natural gas exploration, development and production activities are accounted for in accordance with the successful efforts method of accounting. Under this method, costs of acquiring properties, costs of drilling successful exploration wells, and development costs are capitalized. The costs of exploratory wells are initially capitalized pending a determination of whether proved reserves have been found. At the completion of drilling activities, the costs of exploratory wells remain capitalized if determination is made that proved reserves have been found. If no proved reserves have been found, the costs of each of the related exploratory wells are charged to expense. In some cases, a determination of proved reserves cannot be made at the completion of drilling, requiring additional testing and evaluation of the wells. The costs of such exploratory wells are expensed if a determination of proved reserves has not been made within a twelve-month period after drilling is complete. Exploration costs such as geological, geophysical, and seismic costs are expensed as incurred.
As exploration and development work progresses and the reserves on these properties are proven, capitalized costs attributed to the properties are subject to depreciation and depletion. Depletion of capitalized costs is provided using the units-of-production method based on proved oil and gas reserves related to the associated field. Capitalized drilling and development costs of producing oil and natural gas properties are depleted over proved developed reserves and leasehold costs are depleted over total proved reserves.
On the sale or retirement of a complete or partial unit of a proved property or pipeline and related facilities, the cost and related accumulated depreciation, depletion, and amortization are removed from the property accounts, and any gain or loss is recognized.
There were no material capitalized exploratory drilling costs pending evaluation at December 31, 2013 and December 31, 2012.
Impairments
Proved oil and natural gas properties are reviewed for impairment when events and circumstances indicate a possible decline in the recoverability of the carrying value of such properties, such as a downward revision of the reserve estimates, less than expected production, drilling results, higher operating and development costs, or lower commodity prices. The estimated undiscounted future cash flows expected in connection with the property are compared to the carrying value of the property to determine if the carrying amount is recoverable. If the carrying value of the property exceeds its estimated undiscounted future cash flows, the carrying amount of the property is reduced to its estimated fair value using Level 3 inputs. The factors used to determine fair value include, but are not limited to, estimates of proved reserves, future commodity prices, the timing of future production and capital expenditures and a discount rate commensurate with the risk reflective of the lives remaining for the respective oil and gas properties. Impairment expense for the years ended December 31, 2013 and 2012 was approximately $6.6 million and $28.9 million, respectively.
F-30
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Nonproducing oil and natural gas properties, which consist of undeveloped leasehold costs and costs associated with the purchase of proved undeveloped reserves, are assessed for impairment on a property-by-property basis. If the assessment indicates an impairment, a loss is recognized by providing a valuation allowance. The impairment assessment is affected by economic factors such as the results of exploration activities, commodity price outlooks, remaining lease terms, and potential shifts in business strategy employed by management.
Asset Retirement Obligations
An asset retirement obligation associated with retiring long-lived assets is recognized as a liability on a discounted basis in the period in which the legal obligation is incurred and becomes determinable, with an equal amount capitalized as an addition to oil and natural gas properties, which is allocated to expense over the useful life of the asset. Generally, oil and gas producing companies incur such a liability upon acquiring or drilling a well. Accretion expense is recognized over time as the discounted liabilities are accreted to their expected settlement value. Upon settlement of the liability, a gain or loss is recognized as a component of exploration costs to the extent the actual costs differ from the recorded liability. See Note 6 for further discussion of asset retirement obligations.
Oil and Gas Reserves
The estimates of proved oil and natural gas reserves utilized in the preparation of the consolidated and combined financial statements are estimated in accordance with the rules established by the SEC and the Financial Accounting Standards Board (FASB). These rules require that reserve estimates be prepared under existing economic and operating conditions using a trailing 12-month average price with no provision for price and cost escalations in future years except by contractual arrangements. Netherland, Sewell & Associates, Inc. (NSAI), our independent reserve engineers, was engaged to prepare our reserves estimates at December 31, 2013.
Reserve estimates are inherently imprecise. Accordingly, the estimates are expected to change as more current information becomes available. It is possible that, because of changes in market conditions or the inherent imprecision of reserve estimates, the estimates of future cash inflows, future gross revenues, the amount of oil and natural gas reserves, the remaining estimated lives of oil and natural gas properties, or any combination of the above may be increased or reduced. Increases in recoverable economic volumes generally reduce per unit depletion rates while decreases in recoverable economic volumes generally increase per unit depletion rates.
Other Property & Equipment
Other property and equipment is stated at historical costs and is comprised primarily of vehicles, furniture, fixtures, and computer hardware and software. Depreciation of other property and equipment is calculated using the straight-line method generally based on estimated useful lives of three to five years.
Restricted Investments
Various restricted investment accounts fund certain long-term contractual and regulatory asset retirement obligations and collateralize certain regulatory bonds associated with the offshore Southern California oil and gas properties. These investments are classified as held-to-maturity, and such investments are stated at amortized cost. Interest earned on these investments is included in interest expense net in the statement of operations. The amortized cost of such investments is adjusted for amortization of premiums and accretion of discounts to maturity. Such amortization and accretion is displayed as a separate line item in the statement of operations. At December 31, 2013, these restricted investments consisted of money market deposit accounts, money market mutual funds, commercial paper, and U.S. Government securities. See Note 7 for additional information.
F-31
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Debt Issuance Costs
These costs are recorded on the balance sheet and amortized over the term of the associated debt using the straight-line method which approximates the effective yield method. Amortization expense, including write-offs of debt issuance costs, for the years ended December 31, 2013 and 2012 was approximately $8.3 million and $3.6 million, respectively.
Revenue Recognition
Revenue from the sale of oil and natural gas is recognized when title passes, net of royalties due to third parties. Oil and natural gas revenues are recorded using the sales method. Under this method, revenues are recognized based on actual volumes of oil and natural gas sold to purchasers, regardless of whether the sales are proportionate to our ownership in the property. An asset or a liability is recognized to the extent that we have an imbalance in excess of our proportionate share of the remaining recoverable reserves on the underlying properties. No significant imbalances existed at December 31, 2013 or 2012.
The following individual customers each accounted for 10% or more of total reported revenues for the period indicated:
Years Ending December 31, |
||||||||
2013 | 2012 | |||||||
Consolidated & Combined: |
||||||||
Energy Transfer Equity, L.P. and subsidiaries |
35 | % | 13 | % | ||||
MRD Segment: |
||||||||
Energy Transfer Equity, L.P. and subsidiaries |
77 | % | 39 | % | ||||
Sunoco, Inc.(1) |
n/a | 15 | % | |||||
Dominion Gas Ventures LP |
n/a | 15 | % | |||||
MEMP Segment: |
||||||||
Phillips 66(2) |
15 | % | 13 | % | ||||
ConocoPhillips(2) |
n/a | 14 | % |
(1) | Sunoco, Inc. became a subsidiary of Energy Transfer Equity, L.P. in October 2012. |
(2) | Phillips 66 was a subsidiary of ConocoPhillips through April 30, 2012. Accordingly, any revenues generated from Phillips 66 prior to May 1, 2012 were reported under ConocoPhillips. |
Derivative Instruments
Commodity derivative financial instruments (e.g., swaps, floors, collars, and put options) are used to reduce the impact of natural gas and oil price fluctuations. Interest rate swaps are used to manage exposure to interest rate volatility, primarily as a result of variable rate borrowings under the credit facilities. Every derivative instrument is recorded on the balance sheet as either an asset or liability measured at its fair value. Changes in the derivatives fair value are recognized in earnings as we have not elected hedge accounting for any of our derivative positions.
Income Tax
We are organized as a pass-through entity for federal income tax purposes. As a result, our members are responsible for federal income taxes on their share of our taxable income. Certain of our consolidated subsidiaries are taxed as corporations and subject to federal income taxes. We are also subject to the Texas margin tax and certain aspects of the tax make it similar to an income tax as the tax is assessed on 1% of taxable margin apportioned to operations in Texas. Deferred taxes arise due to temporary differences between the
F-32
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
financial statement carrying value of existing assets and liabilities and their respective tax basis. Deferred tax liabilities as of December 31, 2013 were approximately $3.2 million and total tax expense for the year was approximately $1.6 million. Deferred tax liabilities as of December 31, 2012 were approximately $3.1 million and total tax expense for the year was approximately $0.1 million.
We must recognize the tax effects of any uncertain tax positions we may adopt if the position taken by us is more likely than not sustainable based on its technical merits. If a tax position meets such criteria, the tax effect that would be recognized by us would be the largest amount of benefit with more than a 50% chance of being realized. There were no uncertain tax positions that required recognition in the financial statements at December 31, 2013 or 2012.
Upon closing of the Offering, MRDC will be treated as a taxable C corporation and will be subject to federal and certain state income taxes. Accordingly, a pro forma income tax provision has been disclosed as if Memorial Resource was a taxable corporation for all periods presented. Pro forma tax expense was computed using a blended corporate level federal and state tax rate of 36.06% and 35.39% for the years ended December 31, 2013 and 2012, respectively.
Unaudited Pro Forma Earnings Per Share
Memorial Resource has presented pro forma earnings per share (EPS) for all periods presented. Pro forma net income (loss) per basic share is determined by dividing the pro forma net income (loss) available to common shareholders by the number of common shares expected to be outstanding immediately following the Offering.
The following sets forth the calculation of pro forma EPS for the periods indicated (in thousands, except per share amounts):
For the Year Ended December 31, | ||||||||
2013 | 2012 | |||||||
Numerator: |
||||||||
Pro forma net income (loss) |
$ | 97,797 | $ | 17,512 | ||||
Noncontrolling interest in pro forma net (income) loss, net of tax |
(31,861 | ) | 1,745 | |||||
Previous owners interest in pro forma net (income) loss, net of tax |
(6,899 | ) | (24,111 | ) | ||||
|
|
|
|
|||||
Pro forma net income (loss) available to common shareholders |
$ | 59,037 | $ | (4,854 | ) | |||
|
|
|
|
|||||
Denominator: |
||||||||
Common shares outstanding immediately following the Offering |
||||||||
|
|
|
|
|||||
Basic and diluted EPS |
$ | $ | ||||||
|
|
|
|
F-33
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
The following sets forth the calculation of our supplemental pro forma EPS, for the periods indicated (in thousands, except per share amounts):
For the Year Ended December 31, | ||||||||
2013 | 2012 | |||||||
Numerator: |
||||||||
Pro forma net income (loss) |
$ | 97,797 | $ | 17,512 | ||||
Noncontrolling interest in pro forma net (income) loss, net of tax |
(31,861 | ) | 1,745 | |||||
|
|
|
|
|||||
Pro forma net income (loss) available to common shareholders |
$ | 65,936 | $ | 19,257 | ||||
|
|
|
|
|||||
Denominator: |
||||||||
Common shares outstanding immediately following the Offering |
||||||||
|
|
|
|
|||||
Basic and diluted EPS |
$ | $ | ||||||
|
|
|
|
Our supplemental basic and diluted EPU includes all the earnings generated by the previous owners for all periods presented due to common control considerations.
Unit-Based Compensation Arrangements
The fair value of equity-classified awards (e.g., restricted common unit awards) is amortized to earnings over the requisite service or vesting period. Compensation expense for liability-classified awards are recognized over the requisite service or vesting period of an award based on the fair value of the award re-measured at each reporting period. Generally, no compensation expense is recognized for equity instruments that do not vest.
The governing documents of Memorial Resource and certain of its subsidiaries, including WildHorse and BlueStone, provide for the issuance of incentive units. The incentive units are subject to performance conditions that affect their vesting. Compensation cost is recognized only if the performance condition is probable of being satisfied at each reporting date.
See Note 10 and 11 for further information.
Current Accrued Liabilities
Current accrued liabilities consisted of the following at the dates indicated (in thousands):
December 31, | ||||||||
2013 | 2012 | |||||||
Accrued capital expenditures |
$ | 48,579 | $ | 14,352 | ||||
Accrued lease operating expense |
13,240 | 6,701 | ||||||
Accrued general and administrative expenses |
14,485 | 2,290 | ||||||
Accrued ad valorem and production taxes |
3,541 | 3,753 | ||||||
Accrued interest payable |
11,934 | 1,239 | ||||||
Accrued environmental |
577 | 1,012 | ||||||
Other miscellaneous, including operator advances |
5,774 | 4,140 | ||||||
|
|
|
|
|||||
$ | 98,130 | $ | 33,487 | |||||
|
|
|
|
New Accounting Pronouncements
Offsetting Disclosure Requirements. In December 2011, the FASB issued an accounting standard update intended to enhance current disclosure requirements on offsetting financial assets and liabilities. In January 2013,
F-34
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
the FASB issued an accounting standard update to clarify the scope of offsetting disclosure requirements. The new disclosure requirements required the disclosure of both gross and net information about derivatives, repurchase agreements and reverse purchase agreements, and securities borrowing and securities lending transactions eligible for offset on the balance sheet or subject to a master netting arrangement or similar agreement. Disclosure of collateral received and posted in connection with master netting agreements or similar arrangements is also required. The disclosures became effective for annual and interim periods beginning on or after January 1, 2013 and were applied retrospectively. The adoption of this new guidance did not have a significant impact on our financial statements.
Note 3. Acquisitions and Divestitures
The third party acquisitions discussed below were accounted for under the acquisition method of accounting. Accordingly, we conducted assessments of net assets acquired and recognized amounts for identifiable assets acquired and liabilities assumed at their estimated acquisition date fair values, while acquisition costs associated with the acquisitions were expensed as incurred. The operating revenues and expenses of acquired properties are included in the accompanying financial statements from their respective closing dates forward. The transactions were financed through capital contributions and borrowings under credit facilities.
The fair values of oil and natural gas properties are measured using valuation techniques that convert future cash flows to a single discounted amount. Significant inputs to the valuation of oil and natural properties include estimates of: (i) economic reserves; (ii) future operating and development costs; (iii) future commodity prices; and (iv) a market-based weighted average cost of capital.
MEMP has consummated several common control acquisitions since completing its initial public offering in December 2011, as further discussed in Note 12, from certain affiliates of NGP. These acquisitions were each accounted for as a transaction between entities under common control, similar to a pooling of interests, whereby the net assets acquired were recorded at historical cost.
Acquisition-related costs
Acquisition-related costs for both related party and third party transactions are included in general and administrative expenses in the accompanying statements of operations for the periods indicated below (in thousands):
For the Year Ended December 31, |
||||||
2013 |
2012 |
|||||
$8,313 |
$4,538 |
2013 Acquisitions
On March 18, 2013, a purchase and sale agreement was executed by WildHorse for the purchase of certain oil and gas properties and leases in Louisiana from a third party (Louisiana Acquisition). The final adjusted purchase price was $67.1 million. This transaction closed on April 30, 2013. The following table summarizes the fair value of the third party assets acquired and liabilities assumed as of the acquisition date (in thousands):
Louisiana Acquisition |
||||
Oil and gas properties |
$ | 68,887 | ||
Asset retirement obligations |
(1,789 | ) | ||
|
|
|||
Total identifiable net assets |
$ | 67,098 | ||
|
|
F-35
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
MEMP closed two separate transactions during the year ended December 31, 2013 to acquire certain oil and natural gas properties from third parties in East Texas (the East Texas Acquisition) and the Rockies (the Rockies Acquisition) for approximately $29.4 million in aggregate. The East Texas Acquisition closed on September 6, 2013 and the Rockies Acquisition closed on August 30, 2013. The following table summarizes the fair value of the third party assets acquired and liabilities assumed as of each acquisition date (in thousands):
East Texas Acquisition |
Rockies Acquisition |
|||||||
Oil and gas properties |
$ | 9,974 | $ | 20,744 | ||||
Asset retirement obligations |
(78 | ) | (1,163 | ) | ||||
Accrued liabilities |
| (118 | ) | |||||
|
|
|
|
|||||
Total identifiable net assets |
$ | 9,896 | $ | 19,463 | ||||
|
|
|
|
Propel Energy also acquired incremental interests in certain oil and gas properties and leases in the Hendrick Field located in Winkler County, Texas from two third parties in three separate transactions for approximately $9.3 million.
2012 Acquisitions
Third Party. On May 1, 2012, MEMP and WildHorse jointly acquired operating and non-operating interests in certain oil and natural gas properties located in East Texas and North Louisiana from an undisclosed third party seller (Undisclosed Seller Acquisition) for a final net purchase price of approximately $112.1 million. These properties are located primarily in Polk County, Texas and Lincoln and Claiborne Parishes, Louisiana. During the year ended December 31, 2012, approximately $22.1 million of revenue and $9.2 million of earnings were recorded in the statement of operations related to the Undisclosed Seller Acquisition subsequent to the closing date.
On September 28, 2012, MEMP acquired certain oil and natural gas properties in East Texas from Goodrich Petroleum Corporation (Goodrich Acquisition) for a final net purchase price of $90.4 million after customary post-closing adjustments. The effective date of this transaction was July 1, 2012. This transaction was financed with borrowings under MEMPs revolving credit facility. These properties are located in the East Henderson field of Rusk County, Texas. During the year ended December 31, 2012, approximately $4.6 million of revenue and $2.0 million of earnings were recorded in the statement of operations related to the Goodrich Acquisition subsequent to the closing date.
Collectively, the previous owners consummated multiple acquisitions during 2012 by acquiring operating and non-operating interests in certain oil and natural gas properties primarily located in various Texas and New Mexico counties for an aggregate adjusted purchase price of $147.9 million, the largest of which was completed in July by Stanolind. In July 2012, Stanolind completed an acquisition of working interests, royalty interests and net revenue interests (the Menemsha Acquisition) located in various counties in Texas for a final net purchase price of $74.7 million. During the year ended December 31, 2012, approximately $4.9 million of revenue and $0.9 million of earnings were recorded in the statement of operations related to the Menemsha Acquisition subsequent to the closing date.
F-36
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
The following table summarizes the fair value of the assets acquired and liabilities assumed as of each acquisition date (in thousands).
Undisclosed Seller Acquisition |
Goodrich Acquisition |
Menemsha Acquisition |
Other Previous Owner Acquisitions |
|||||||||||||
Oil and gas properties |
$ | 115,633 | $ | 91,187 | $ | 75,114 | $ | 77,764 | ||||||||
Prepaid expenses and other current assets |
| 425 | | | ||||||||||||
Revenues payable |
(1,602 | ) | (875 | ) | | | ||||||||||
Asset retirement obligations |
(1,592 | ) | (161 | ) | (408 | ) | (4,558 | ) | ||||||||
Accrued liabilities |
(297 | ) | (153 | ) | | | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total identifiable net assets |
$ | 112,142 | $ | 90,423 | $ | 74,706 | $ | 73,206 | ||||||||
|
|
|
|
|
|
|
|
The following unaudited pro forma combined results of operations are provided for the year ended December 31, 2012 (in thousands) as though the Undisclosed Seller Acquisition, Goodrich Acquisition, and Menemsha Acquisition had been completed on January 1, 2011. The unaudited pro forma financial information was derived from our historical combined statements of operations and adjusted to include: (i) the revenues and direct operating expenses associated with oil and gas properties acquired, (ii) depletion expense applied to the adjusted basis of the properties acquired and (iii) interest expense on additional borrowings necessary to finance the acquisitions. The unaudited pro forma financial information does not purport to be indicative of results of operations that would have occurred had the transactions occurred on the basis assumed above, nor is such information indicative of expected future results of operations.
Revenues |
431,061 | |||
Net income |
40,940 |
During 2012, we also acquired certain interests in oil and gas properties through several individually immaterial acquisitions for an aggregate purchase price of $10.2 million.
Divestitures
On January 1, 2013, Tanos sold a natural gas gathering pipeline located in East Texas, which it had originally acquired in April 2010, to a privately held gas transportation company for a minimum of $1.5 million. The maximum allowable additional proceeds are $2.0 million. The contingent consideration is based on the natural gas pipeline servicing any new wells that Tanos drills in the area over the next three years. The contingent consideration portion of an arrangement is recorded when the consideration is determined to be realizable. Tanos recorded an aggregate gain of approximately $1.4 million related to this transaction, of which $0.4 million was contingent consideration. Tanos also sold certain non-operated oil and gas properties in 2013 for $2.9 million and recorded a gain of $1.4 million.
On May 10, 2013, Black Diamond entered into a purchase and sale agreement with a third party to sell certain of its Wyoming oil and gas properties with an estimated net book value of $39.8 million for $33.0 million, before customary adjustments. As a result, Black Diamond recorded a loss on the sale of $6.8 million. This transaction closed on June 4, 2013.
BlueStone entered into an agreement with a publicly traded third party to sell its remaining interest in certain properties in the Mossy Grove Prospect in Walker and Madison Counties located in East Texas. Total cash consideration received by BlueStone was approximately $117.9 million, which exceeded the net book value of the properties sold by $89.5 million. The transaction closed on July 31, 2013.
F-37
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
During 2012, certain of our subsidiaries sold certain interests in oil and gas properties for an aggregate $3.3 million. Losses of approximately $0.1 million were recognized related to these divestures.
The previous owners sold certain interests in oil and gas properties offshore Louisiana on October 11, 2012 for an aggregate $40.1 million to an NGP controlled entity, of which $38.1 million was received upon closing. As of December 31, 2012, the remaining proceeds were held in escrow and included in restricted cash on the balance sheet. The remaining proceeds were released from escrow in April 2013. Due to common control considerations, the proceeds from the sale exceeded the net book value of the properties sold by $6.3 million and recognized in the equity statement as a net contribution.
On July 11, 2012, the previous owners completed the sale of a portion of its oil and gas assets located in Garza County, Texas to a third party for $26.1 million and recognized a gain of approximately $7.6 million. On September 18, 2012, the previous owners completed the sale of a portion of its oil and gas assets located in Ector County, Texas to a third party for $4.7 million and recognized a gain of approximately $2.2 million.
The majority of the proceeds generated from these sales were used to acquire operating and non-operating interests in certain oil and natural gas properties located primarily in various Texas and New Mexico counties.
Note 4. Fair Value Measurements of Financial Instruments
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at a specified measurement date. Fair value estimates are based on either (i) actual market data or (ii) assumptions that other market participants would use in pricing an asset or liability, including estimates of risk. A three-tier hierarchy has been established that classifies fair value amounts recognized or disclosed in the financial statements. The hierarchy considers fair value amounts based on observable inputs (Levels 1 and 2) to be more reliable and predictable than those based primarily on unobservable inputs (Level 3). The characteristics of fair value amounts classified within each level of the hierarchy are described as follows:
Level 1Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. An active market is one in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis.
Level 2Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability. Substantially all of these inputs are observable in the marketplace throughout the full term of the instrument, can be derived from observable data, or are supported by observable levels at which transactions are executed in the marketplace. At December 31, 2013 and 2012, all of the derivative instruments reflected on the accompanying balance sheets were considered Level 2.
Level 3Measure based on prices or valuation models that require inputs that are both significant to the fair value measurement and are less observable from objective sources (i.e., supported by little or no market activity).
F-38
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The carrying values of cash and cash equivalents, accounts receivables, accounts payables (including accrued liabilities) and amounts outstanding under long-term debt agreements included in the accompanying balance sheets approximated fair value at December 31, 2013 and 2012. The fair value estimates are based upon observable market data and are classified within Level 2 of the fair value hierarchy. These assets and liabilities are not presented in the following tables.
The fair market values of the derivative financial instruments reflected on the balance sheets as of December 31, 2013 and 2012 were based on estimated forward commodity prices and forward interest rate yield curves. Financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement in its entirety. The significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The following table presents the derivative assets and liabilities that are measured at fair value on a recurring basis at December 31, 2013 and 2012 for each of the fair value hierarchy levels:
Fair Value Measurements at December 31, 2013 Using | ||||||||||||||||
Quoted Prices in Active Market (Level 1) |
Significant Other Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value | |||||||||||||
(in thousands) | ||||||||||||||||
Assets: |
||||||||||||||||
Commodity derivatives |
$ | | $ | 105,054 | $ | | $ | 105,054 | ||||||||
Interest rate derivatives |
| 884 | | 884 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total assets |
$ | | $ | 105,938 | $ | | $ | 105,938 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Liabilities: |
||||||||||||||||
Commodity derivatives |
| $ | 58,234 | | $ | 58,234 | ||||||||||
Interest rate derivatives |
| 5,590 | | 5,590 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total liabilities |
$ | | $ | 63,824 | $ | | $ | 63,824 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Fair Value Measurements at December 31, 2012 Using | ||||||||||||||||
Quoted Prices in Active Market (Level 1) |
Significant Other Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value | |||||||||||||
(in thousands) | ||||||||||||||||
Assets: |
||||||||||||||||
Commodity derivatives |
$ | | $ | 95,586 | $ | | $ | 95,586 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Liabilities: |
||||||||||||||||
Commodity derivatives |
| $ | 45,938 | | $ | 45,938 | ||||||||||
Interest rate derivatives |
| 6,838 | | 6,838 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total liabilities |
$ | | $ | 52,776 | $ | | $ | 52,776 | ||||||||
|
|
|
|
|
|
|
|
See Note 5 for additional information regarding our derivative instruments.
F-39
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Certain assets and liabilities are reported at fair value on a nonrecurring basis as reflected on the balance sheets. The following methods and assumptions are used to estimate the fair values:
| The fair value of asset retirement obligations (AROs) is based on discounted cash flow projections using numerous estimates, assumptions, and judgments regarding such factors as the existence of a legal obligation for an ARO; amounts and timing of settlements; the credit-adjusted risk-free rate; and inflation rates. See Note 6 for a summary of changes in AROs. |
| If sufficient market data is not available, the determination of the fair values of proved and unproved properties acquired in transactions accounted for as business combinations are prepared by utilizing estimates of discounted cash flow projections. The factors to determine fair value include, but are not limited to, estimates of: (i) economic reserves; (ii) future operating and development costs; (iii) future commodity prices; and (iv) a market-based weighted average cost of capital. |
| Proved oil and natural gas properties are reviewed for impairment when events and circumstances indicate a possible decline in the recoverability of the carrying value of such properties. The factors used to determine fair value include, but are not limited to, estimates of proved reserves, future commodity prices, the timing of future production and capital expenditures and a discount rate commensurate with the risk reflective of the lives remaining for the respective oil and gas properties. |
| During the year ended December 31, 2013, we recognized $6.6 million of impairments. The impairments primarily related to certain properties located in South Texas. The estimated future cash flows expected from South Texas properties were compared to their carrying values and determined to be unrecoverable as a result of a downward revision of estimated proved reserves based on pricing terms specific to these properties. |
| During the year ended December 31, 2012, we recognized $28.9 million of impairments to proved oil and natural gas properties. Approximately $8.0 million related to a particular lease in the Elkhorn (Ellenburger) and Canyon Fields located in the Permian Basin as a result of a downward revision of estimated proved reserves due to unfavorable drilling results in the area. The remaining $20.9 million of impairments primarily related to certain fields in East Texas. The carrying values of these fields were determined to be unrecoverable due to a decline in gas prices. |
Note 5. Risk Management and Derivative Instruments
Derivative instruments are utilized to manage exposure to commodity price and interest rate fluctuations and achieve a more predictable cash flow in connection with natural gas and oil sales from production and borrowing related activities. These transactions limit exposure to declines in prices or increases in interest rates, but also limit the benefits that would be realized if prices increase or interest rates decrease.
Certain inherent business risks are associated with commodity and interest derivative contracts, including market risk and credit risk. Market risk is the risk that the price of natural gas or oil will change, either favorably or unfavorably, in response to changing market conditions. Credit risk is the risk of loss from nonperformance by the counterparty to a contract. It is our policy to enter into derivative contracts, including interest rate swaps, only with counterparties that are creditworthy financial institutions deemed by management as competent and competitive market makers. Each of the counterparties to our derivative contracts is a lender in our credit agreements. While collateral is generally not required to be posted by counterparties, credit risk associated with derivative instruments is minimized by limiting exposure to any single counterparty and entering into derivative instruments only with counterparties that are large financial institutions, which management believes present minimal credit risk. Additionally, master netting agreements are used to mitigate risk of loss due to default with counterparties on derivative instruments. We have also entered into the International Swaps and Derivatives
F-40
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Association Master Agreements (ISDA Agreements) with each of our counterparties. The terms of the ISDA Agreements provide us and each of our counterparties with rights of set-off upon the occurrence of defined acts of default by either us or our counterparty to a derivative, whereby the party not in default may set-off all liabilities owed to the defaulting party against all net derivative asset receivables from the defaulting party. See Note 8 for additional information in regards to our revolving credit facilities.
Commodity Derivatives
A combination of commodity derivatives (e.g., floating-for-fixed swaps, collars, call spreads and basis swaps) is used to manage exposure to commodity price volatility. Generally, natural gas derivative contracts are entered into and indexed to NYMEX Henry Hub and regional indices that are in proximity to our areas of production. Generally, oil derivative contracts are entered into and indexed to NYMEX WTI, Inter-Continental Exchange (ICE) Brent and California Midway-Sunset. Our NGL derivative contracts are indexed to OPIS Mont Belvieu. At December 31, 2013, the MRD Segment had the following open commodity positions:
2014 | 2015 | 2016 | 2017 | |||||||||||||
Natural Gas Derivative Contracts: |
||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||
Average Monthly Volume (MMBtu) |
1,190,000 | 880,000 | 670,000 | 520,000 | ||||||||||||
Weighted-average fixed price |
$ | 4.10 | $ | 4.19 | $ | 4.32 | $ | 4.45 | ||||||||
Collar contracts: |
||||||||||||||||
Average Monthly Volume (MMBtu) |
330,000 | 130,000 | | | ||||||||||||
Weighted-average floor price |
$ | 4.09 | $ | 4.00 | $ | | $ | | ||||||||
Weighted-average ceiling price |
$ | 5.24 | $ | 4.64 | $ | | $ | | ||||||||
Basis swaps: |
||||||||||||||||
Average Monthly Volume (MMBtu) |
270,000 | 180,000 | 220,000 | 200,000 | ||||||||||||
Spread |
$ | (0.07 | ) | $ | (0.09 | ) | $ | (0.08 | ) | $ | (0.08 | ) | ||||
Crude Oil Derivative Contracts: |
||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||
Average Monthly Volume (Bbls) |
18,000 | 6,000 | | | ||||||||||||
Weighted-average fixed price |
$ | 91.66 | $ | 88.50 | $ | | $ | | ||||||||
Collar contracts: |
||||||||||||||||
Average Monthly Volume (Bbls) |
8,000 | 2,000 | | | ||||||||||||
Weighted-average floor price |
$ | 85.00 | $ | 85.00 | $ | | $ | | ||||||||
Weighted-average ceiling price |
$ | 117.50 | $ | 101.35 | $ | | $ | | ||||||||
NGL Derivative Contracts: |
||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||
Average Monthly Volume (Bbls) |
18,000 | | | | ||||||||||||
Weighted-average fixed price |
$ | 64.27 | | | |
F-41
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
At December 31, 2013, the MEMP Segment had the following open commodity positions:
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |||||||||||||||||||
Natural Gas Derivative Contracts: |
||||||||||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
2,575,458 | 2,145,278 | 2,342,442 | 2,230,067 | 2,060,000 | 1,814,583 | ||||||||||||||||||
Weighted-average fixed price |
$ | 4.34 | $ | 4.30 | $ | 4.42 | $ | 4.31 | $ | 4.52 | $ | 4.77 | ||||||||||||
Collar contracts: |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
340,000 | 350,000 | | | | | ||||||||||||||||||
Weighted-average floor price |
$ | 4.93 | $ | 4.62 | $ | | $ | | $ | | $ | | ||||||||||||
Weighted-average ceiling price |
$ | 6.12 | $ | 5.80 | $ | | $ | | $ | | $ | | ||||||||||||
Call spreads(1): |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
120,000 | 80,000 | | | | | ||||||||||||||||||
Weighted-average sold strike price |
$ | 5.08 | $ | 5.25 | $ | | $ | | $ | | $ | | ||||||||||||
Weighted-average bought strike price |
$ | 6.31 | $ | 6.75 | $ | | $ | | $ | | $ | | ||||||||||||
Basis swaps: |
||||||||||||||||||||||||
Average Monthly Volume (MMBtu) |
2,822,083 | | | | | | ||||||||||||||||||
Spread |
$ | (0.09 | ) | $ | | $ | | $ | | $ | | $ | | |||||||||||
Crude Oil Derivative Contracts: |
||||||||||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
136,444 | 148,281 | 142,313 | 130,600 | 122,000 | 40,000 | ||||||||||||||||||
Weighted-average fixed price |
$ | 95.82 | $ | 93.07 | $ | 86.85 | $ | 85.96 | $ | 85.62 | $ | 85.00 | ||||||||||||
Collar contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
23,000 | 5,000 | | | | | ||||||||||||||||||
Weighted-average floor price |
$ | 82.83 | $ | 80.00 | $ | | $ | | $ | | $ | | ||||||||||||
Weighted-average ceiling price |
$ | 105.31 | $ | 94.00 | $ | | $ | | $ | | $ | | ||||||||||||
Basis swaps: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
57,292 | 57,500 | | | | | ||||||||||||||||||
Spread |
$ | (9.21 | ) | $ | (9.73 | ) | $ | | $ | | $ | | $ | | ||||||||||
NGL Derivative Contracts: |
||||||||||||||||||||||||
Fixed price swap contracts: |
||||||||||||||||||||||||
Average Monthly Volume (Bbls) |
118,500 | 112,800 | | | | | ||||||||||||||||||
Weighted-average fixed price |
$ | 36.23 | $ | 35.04 | $ | | $ | | $ | | $ | |
(1) | These transactions were entered into for the purpose of eliminating the ceiling portion of certain collar arrangements, which effectively converted the applicable collars into swaps. |
F-42
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Interest Rate Swaps
Periodically, we enter into interest rate swaps to mitigate exposure to market rate fluctuations by converting variable interest rates such as those in our credit agreement to fixed interest rates. Conditions sometimes arise where actual borrowings are less than notional amounts hedged which has and could result in over-hedged amounts from an economic perspective. From time to time we enter into offsetting positions to avoid being economically over-hedged. At December 31, 2013, we had the following interest rate swap open positions:
Credit Facility (see Note 8) |
2014 | 2015 | 2016 | |||||||||
MEMP Segment: |
||||||||||||
Average Monthly Notional (in thousands) |
$ | 173,958 | $ | 280,833 | $ | 150,000 | ||||||
Weighted-average fixed rate |
1.306 | % | 1.416 | % | 1.193 | % | ||||||
Floating rate |
1 Month LIBOR | 1 Month LIBOR | 1 Month LIBOR | |||||||||
MRD Segment: |
||||||||||||
Average Monthly Notional (in thousands) |
$ | 118,750 | $ | 100,000 | $ | | ||||||
Weighted-average fixed rate |
0.773 | % | 0.758 | % | | |||||||
Floating rate |
1 Month LIBOR | 1 Month LIBOR | |
Balance Sheet Presentation
The following table summarizes the gross fair value of derivative instruments by the appropriate balance sheet classification even when the derivative instruments are subject to netting arrangements and qualify for net presentation on the balance sheet and the net recorded fair value as reflected on the balance sheet at December 31:
Asset Derivatives | Liability Derivatives | |||||||||||||||||
Type |
Balance Sheet Location |
2013 | 2012 | 2013 | 2012 | |||||||||||||
(in thousands) | ||||||||||||||||||
Commodity contracts |
Short-term derivative instruments | $ | 21,759 | $ | 48,901 | $ | 19,739 | $ | 8,072 | |||||||||
Interest rate swaps |
Short-term derivative instruments | 845 | | 3,287 | 3,575 | |||||||||||||
|
|
|
|
|
|
|
|
|||||||||||
Gross fair value |
22,604 | 48,901 | 23,026 | 11,647 | ||||||||||||||
Netting arrangements |
Short-term derivative instruments | (13,315 | ) | (6,980 | ) | (13,315 | ) | (6,980 | ) | |||||||||
|
|
|
|
|
|
|
|
|||||||||||
Net recorded fair value |
Short-term derivative instruments | $ | 9,289 | $ | 41,921 | $ | 9,711 | $ | 4,667 | |||||||||
|
|
|
|
|
|
|
|
|||||||||||
Commodity contracts |
Long-term derivative instruments | $ | 83,295 | $ | 46,685 | $ | 38,495 | $ | 37,866 | |||||||||
Interest rate swaps |
Long-term derivative instruments | 39 | | 2,303 | 3,263 | |||||||||||||
|
|
|
|
|
|
|
|
|||||||||||
Gross fair value |
83,334 | 46,685 | 40,798 | 41,129 | ||||||||||||||
Netting arrangements |
Long-term derivative instruments | (34,718 | ) | (29,506 | ) | (34,718 | ) | (29,506 | ) | |||||||||
|
|
|
|
|
|
|
|
|||||||||||
Net recorded fair value |
Long-term derivative instruments | $ | 48,616 | $ | 17,179 | $ | 6,080 | $ | 11,623 | |||||||||
|
|
|
|
|
|
|
|
F-43
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Gains & Losses on Derivatives
We do not designate derivative instruments as hedging instruments for financial reporting purposes and neither did our predecessor. Accordingly, all gains and losses, including unrealized gains and losses from changes in the derivative instruments fair values, have been recorded in the accompanying statements of operations. The following table details the gains and losses related to derivative instruments for the years ending December 31, 2013 and 2012:
Statements of Operations Location |
Years Ended December 31, |
|||||||||
Derivative Instruments |
2013 | 2012 | ||||||||
(in thousands) | ||||||||||
Commodity derivative contracts |
(Gain) loss on commodity derivative instruments | $ | (29,294 | ) | $ | (34,905 | ) | |||
Interest rate swaps |
Interest expense, net | (239 | ) | 5,582 |
Note 6. Asset Retirement Obligations
Asset retirement obligations primarily relate to our portion of future plugging and abandonment of wells and related facilities. The following table represents a reconciliation of the asset retirement obligations for the years ended December 31, 2013 and 2012:
2013 | 2012 | |||||||
(in thousands) | ||||||||
Asset retirement obligations at beginning of year |
$ | 102,380 | $ | 90,699 | ||||
Liabilities added from acquisitions or drilling |
4,227 | 7,962 | ||||||
Liabilities removed upon sale of wells |
(1,765 | ) | (1,931 | ) | ||||
Liabilities removed upon plugging and abandoning |
(170 | ) | (119 | ) | ||||
Accretion expense |
5,581 | 5,009 | ||||||
Revision of estimates |
1,516 | 760 | ||||||
|
|
|
|
|||||
Asset retirement obligations at end of year |
111,769 | 102,380 | ||||||
Less: Current portion |
90 | 390 | ||||||
|
|
|
|
|||||
Asset retirement obligationslong-term portion |
111,679 | 101,990 | ||||||
|
|
|
|
Note 7. Restricted Investments
Various restricted investment accounts fund certain long-term contractual and regulatory asset retirement obligations and collateralize certain regulatory bonds associated with the offshore Southern California oil and gas properties. The components of the restricted investment balance, which are all attributable to our MEMP Segment, are as follows at December 31:
2013 | 2012 | |||||||
(in thousands) | ||||||||
BOEM platform abandonment (See Note 14) |
$ | 66,373 | $ | 61,389 | ||||
BOEM lease bonds |
794 | 776 | ||||||
SPBPC Collateral: |
||||||||
Contractual pipeline and surface facilities abandonment (See Note 14) |
2,306 | 1,959 | ||||||
California State Lands Commission pipeline right-of-way bond |
3,005 | 3,000 | ||||||
City of Long Beach pipeline facility permit |
500 | 500 | ||||||
Federal pipeline right-of-way bond |
307 | 300 | ||||||
Port of Long Beach pipeline license |
100 | 100 | ||||||
|
|
|
|
|||||
Restricted investments |
$ | 73,385 | $ | 68,024 | ||||
|
|
|
|
F-44
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Note 8. Long Term Debt
Our debt obligations under revolving credit facilities consisted of the following at December 31:
2013 | 2012 | |||||||
(in thousands) | ||||||||
MRD Segment: |
||||||||
Memorial Resource $1.0 billion revolving credit facility, variable-rate, terminated December 2013 |
$ | | $ | 80,000 | ||||
10.00%/10.75% senior PIK toggle notes due December 2018(1) |
350,000 | | ||||||
10.00%/10.75% senior PIK toggle notes unamortized discounts |
(6,950 | ) | | |||||
WildHorse $1.0 billion revolving credit facility, variable-rate, due April 2018 |
203,100 | 202,200 | ||||||
WildHorse $325.0 million second lien term facility, variable-rate, due December 2018 |
325,000 | | ||||||
Black Diamond $150.0 million revolving credit facility, variable-rate, terminated November 2013 |
| 27,000 | ||||||
BlueStone $150.0 million revolving credit facility, variable-rate, terminated August 2013 |
| | ||||||
|
|
|
|
|||||
Subtotal |
871,150 | 309,200 | ||||||
|
|
|
|
|||||
MEMP Segment: |
||||||||
MEMP $2.0 billion revolving credit facility, variable-rate, due March 2018 |
103,000 | 371,000 | ||||||
7.625% senior notes, fixed-rate, due May 1, 2021(2) |
700,000 | | ||||||
7.625% senior notes unamortized discounts |
(10,933 | ) | | |||||
WHT $400.0 million revolving credit facility, variable-rate, terminated March 2013 |
| 89,300 | ||||||
Tanos $250.0 million revolving credit facility, variable-rate, terminated April 2013 |
| 25,250 | ||||||
Stanolind $250.0 million revolving credit facility, variable-rate, due July 2017 |
| 85,750 | ||||||
Boaz $75.0 million revolving credit facility, variable-rate, terminated October 2013 |
| 29,500 | ||||||
Crown $75.0 million revolving credit facility, variable-rate, terminated October 2013 |
| 13,882 | ||||||
Propel Energy $200.0 million revolving credit facility, variable-rate, due June 2015 |
| 15,500 | ||||||
|
|
|
|
|||||
Subtotal |
792,067 | 630,182 | ||||||
|
|
|
|
|||||
Total long-term debt |
$ | 1,663,217 | $ | 939,382 | ||||
|
|
|
|
(1) | The estimated fair value of this fixed-rate debt was $348.3 million. The estimated fair value is based on quoted market prices and is classified as Level 2 within the fair value hierarchy. |
(2) | The estimated fair value of this fixed-rate debt was $721.0 million. The estimated fair value is based on quoted market prices and is classified as Level 2 within the fair value hierarchy. |
Each of the revolving credit facilities contain customary covenants and restrictive provisions including but not limited to: (i) limitation on indebtedness and liens, (ii) limitations on restricted payments, (iii) limitation on investments and acquisitions, (iv) limitations on transactions with affiliates, (v) limitation on mergers, consolidation and asset sales, and (vi) limitations on commodity hedging and interest rate hedging. Each of the revolving credit facilities also includes financial maintenance covenants that require each borrower to meet certain financial performance criteria periodically (e.g., minimum interest coverage ratio and maximum leverage). The definitions and required ratios are set forth in each credit facility.
Each of the credit facilities contain customary and other events of default including but not limited to: (i) failure to make payments when due, (ii) breach of any covenants continuing beyond the cure period, (iii) default under any other material debt, (iv) change in management or change of control, and (v) certain material adverse effects on the business of the loan parties. Upon an event of default, revolving credit commitments could be terminated and any outstanding indebtedness under such revolving credit facility, together with accrued interest, fees and other obligations under such credit facility, could be declared immediately due and payable.
F-45
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Borrowing Base
Credit facilities tied to borrowing bases are common throughout the oil and gas industry. Each of the revolving credit facilities borrowing base is subject to redetermination on at least a semi-annual basis primarily based on estimated proved reserves. The borrowing base for each credit facility was the following at December 31:
2013 | ||||
(in thousands) | ||||
MRD Segment: |
||||
WildHorse $1.0 billion revolving credit facility, variable-rate, due April 2018 |
300,000 | |||
MEMP Segment: |
||||
MEMP $2.0 billion revolving credit facility, variable-rate, due March 2018 |
845,000 | |||
|
|
|||
Total borrowing base |
1,145,000 | |||
|
|
Weighted-Average Interest Rates
The following table presents the weighted-average interest rates paid on variable-rate debt obligations for the periods presented:
For the
Year Ended December 31, |
||||||||
Credit facility |
2013 | 2012 | ||||||
MRD Segment: |
||||||||
Memorial Resource |
3.17 | % | 4.11 | % | ||||
Classic |
n/a | 4.50 | % | |||||
WildHorse revolver |
2.30 | % | 3.00 | % | ||||
WildHorse second lien |
7.60 | % | n/a | |||||
Black Diamond |
3.97 | % | 3.62 | % | ||||
BlueStone |
n/a | n/a | ||||||
MEMP Segment: |
||||||||
MEMP |
3.25 | % | 2.74 | % | ||||
Tanos |
3.10 | % | 2.31 | % | ||||
WHT |
2.29 | % | 2.60 | % | ||||
REO |
n/a | 3.40 | % | |||||
Stanolind |
3.52 | % | 3.76 | % | ||||
Crown |
3.38 | % | 4.20 | % | ||||
Propel Energy |
3.08 | % | 3.28 | % |
Generally, borrowings under each revolving credit facility bear interest, at the borrowers option, at either: (i) the Alternative Base Rate (as defined within each credit facility) plus a margin that varies according to the borrowing base usage (which is the ratio of outstanding borrowings and letters of credit to the borrowing base then in effect), or (ii) the applicable LIBOR plus a margin that varies according to the borrowing base usage. The unused portion of the borrowing base will be subject a commitment fee that may vary from 0.375% to 0.50% per annum according to the borrowing base usage.
Memorial Resource Revolving Credit Agreement & Senior Notes
On July 13, 2012, Memorial Resource entered into a two-year $50.0 million senior secured revolving credit facility with an initial borrowing base of $35.0 million. Memorial Resource pledged 7,061,294 of MEMP
F-46
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
common units and 5,360,912 of MEMP subordinated units as security under the revolving credit facility as well as its oil and gas properties and certain other assets of Memorial Resource. This revolving credit facility was also guaranteed by certain of Memorial Resources wholly-owned subsidiaries.
On November 20, 2012, Memorial Resource entered into a first amendment to its credit agreement, which among other things: (i) increased the aggregate maximum credit to $1.0 billion, (ii) increased the borrowing base to $120.0 million and (iii) extended the maturity date to November 20, 2016. On April 25, 2013, Memorial Resource entered into a second amendment to its credit agreement, which among other things: (i) increased the borrowing base to $170.0 million and (ii) designated Tanos together with its consolidating subsidiaries as additional guarantors. On October 1, 2013, Tanos and its consolidating subsidiaries were removed as guarantors and the borrowing base was reduced to $120.0 million. On November 1, 2013, Memorial Resource entered into a third amendment to its credit agreement, which among other things: (i) designated Black Diamond together with its consolidating subsidiaries as additional guarantors, (ii) reduced the borrowing base to $100.0 million, and (iii) permitted second lien indebtedness. On November 22, 2013, the borrowing base was automatically reduced to $60.0 million upon Memorial Resources sale of 7,061,294 MEMP common units in a secondary offering.
On December 18, 2013, indebtedness then outstanding under the revolving credit facility of $59.7 million and all accrued interest was paid off in full and the revolving credit facility was terminated in connection with the issuance of senior notes discussed below.
On December 18, 2013, Memorial Resource and its wholly-owned subsidiary, Memorial Resource Finance Corp. (MRD Finance Corp. and collectively, the MRD Issuers), completed a private placement of $350.0 million in aggregate principal amount of 10.00% / 10.75% Senior PIK Toggle Notes due 2018 (the PIK notes). The PIK notes were issued at 98% of par and will mature on December 15, 2018. Net proceeds from the private offering were used: (i) to repay all indebtedness then outstanding under Memorial Resources revolving credit facility, (ii) to establish a cash reserve of $50.0 million for the payment of interest on the PIK notes, (iii) to pay a $210.0 million distribution to the Funds, and (iv) for general company purposes.
Interest on the PIK notes will be payable semi-annually in arrears on June 15 and December 15 of each year, commencing on June 15, 2014. Subject to conditions in the indenture governing the PIK notes, Memorial Resource will be required to pay interest on the PIK notes in cash or through issuing additional notes (such an issuance, PIK Interest). The interest rate on the PIK notes is 10.00% per annum for interest paid in cash or 10.75% per annum for PIK Interest. PIK Interest will be paid by issuing additional notes having the same terms as the PIK notes. The PIK notes are subject to optional redemption at prices specified in the indenture plus accrued and unpaid interest, if any. The MRD Issuers may also be required to repurchase the PIK notes upon a change of control.
At the time the PIK notes were issued, all of Memorial Resources subsidiaries other than MEMP and BlueStone (and their respective subsidiaries) were designated as restricted subsidiaries. The indenture governing the PIK notes contains customary covenants and restrictive provisions that apply to both Memorial Resource and its restricted subsidiaries, many of which will terminate if at any time no default exists under the indenture and the PIK notes receive an investment grade rating from both of two specified ratings agencies. The PIK notes are fully and unconditionally guaranteed on a senior unsecured basis by all of Memorial Resources restricted subsidiaries, except MEMP GP, WildHorse and MRD Royalty LLC.
The indenture also provides for customary and other events of default. In the case of an event of default arising from certain events of bankruptcy or insolvency, all outstanding PIK notes will become due and payable immediately without further action or notice. If any other event of default occurs and is continuing, the trustee or the holders of at least 25% in principal amount of the then outstanding PIK notes may declare all the PIK notes to be due and payable immediately.
F-47
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Classic Revolving Credit Facility
On November 1, 2007, Classic entered into a four-year, $150.0 million revolving credit facility, which was collateralized by its oil and gas properties. The revolving credit facility was amended on June 21, 2010 to extend the maturity date to June 21, 2014. On November 20, 2012, indebtedness then outstanding under the revolving credit facility of $80.0 million and all accrued interest was paid off in full with borrowings under the Memorial Resource revolving credit facility and the Classic revolving credit facility was terminated.
WildHorse Revolving Credit Facility & Second Lien Facility
On May 12, 2010, WildHorse entered into a revolving credit facility. Borrowings under the amended revolving credit facility are secured by liens on substantially all of WildHorses properties, but in any event, not less than 80% of the total value of the WildHorses oil and natural gas properties.
On April 3, 2013, WildHorse entered into an amended and restated credit agreement. The new revolving credit facility provides for aggregate maximum credit amounts at any time of $1.0 billion, consisting of borrowings and letters of credit and has an initial borrowing base of $300.0 million. The new revolving credit facility matures on April 13, 2018. The borrowing base is subject to redetermination on at least a semi-annual basis. Borrowings under the revolving credit facility are secured by liens on substantially all of WildHorses properties, but in any event, not less than 80% of the total value of the WildHorses oil and natural gas properties.
On June 13, 2013, WildHorse entered into a $325.0 million second lien term loan agreement and matures on December 13, 2018. No amount of second lien term loans once repaid may be reborrowed. Borrowings bear interest, at the borrowers option, at either: (i) the Alternative Base Rate (as defined within each credit facility) plus 5.25% per annum or (ii) the applicable LIBOR plus 6.25% per annum. Borrowings under the second lien term loan agreement are secured by second-priority liens on substantially all of WildHorses properties, but in any event, not less than 80% of the total value of the WildHorses oil and natural gas properties. The priority of the security interests in the collateral and related creditors rights is set forth in an intercreditor agreement. The second lien term loan agreement contains customary affirmative and negative covenants, restrictive provisions and events of default.
On June 13, 2013, WildHorse borrowed $325.0 million under its second lien term loan agreement and used such borrowings to reduce outstanding indebtedness under its revolving credit facility and to pay a one-time special $225.0 million distribution to Memorial Resource. This $225.0 million distribution was subsequently distributed to NGP.
Black Diamond Revolving Credit Facility
On July 27, 2011, the Black Diamond entered into a second amended and restated revolving credit facility, which extended the maturity date of the original agreement to May 9, 2015. Borrowings under the revolving credit facility were collateralized by Black Diamonds oil and natural gas properties. On November 1, 2013, the Black Diamond revolving credit facility was terminated. There was no indebtedness outstanding or accrued interest payable on such date.
BlueStone Revolving Credit Facility
On July 8, 2009, BlueStone entered into a $150.0 million revolving credit facility with various lenders. The line of credit was available until July 8, 2012, at which time all principal and accrued interest amounts would have been payable. On June 25, 2010, BlueStone refinanced its existing credit agreement and entered into a new
F-48
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
$150.0 million revolving credit facility. Amounts outstanding under this credit facility were payable on June 25, 2014. There were no amounts outstanding under these facilities at December 31, 2012. Borrowings under the revolving credit facility were secured by BlueStones assets and its equity interests in its subsidiaries. On August 27, 2013, the BlueStone revolving credit facility was terminated. There was no indebtedness outstanding or accrued interest payable on such date.
MEMP Revolving Credit Facility & Senior Notes
OLLC is a party to a $2.0 billion revolving credit facility, which is guaranteed by MEMP and certain of its current and future subsidiaries. A sixth amendment to the credit agreement was entered into on September 23, 2013, which among other things: (i) increased the facility from $1.0 billion to $2.0 billion and (ii) increased the borrowing base from $480.0 million to $920.0 million upon the closing of MEMPs $603.0 million acquisition that closed October 1, 2013. The borrowing base was automatically reduced by $100.0 million in conjunction with the issuances of senior notes in April and May 2013 as discussed below in accordance with the terms of the credit facility. On October 10, 2013, the borrowing base was automatically reduced by $75.0 million in conjunction with the issuance of additional senior notes.
Borrowings under the revolving credit facility are secured by liens on substantially all of MEMPs properties, but in any event, not less than 80% of the total value of MEMPs oil and natural gas properties, and all of MEMPs equity interests in OLLC and any future guarantor subsidiaries (other than San Pedro Bay Pipeline Company) and all of MEMPs other assets including personal property.
On April 17, 2013, MEMP and its wholly-owned subsidiary, Memorial Production Finance Corporation (Finance Corp. and collectively, the Issuers), completed a private placement of $300.0 million aggregate principal amount of 7.625% senior unsecured notes due 2021 (the Senior Notes). The Senior Notes were issued at 98.521% of par and are fully and unconditionally guaranteed (subject to customary release provisions) on a joint and several basis by all of MEMPs subsidiaries (other than Finance Corp., which is co-issuer of the Senior Notes, and certain immaterial subsidiaries). On May 23, 2013, the Issuers issued an additional $100.0 million aggregate principal amount of the Senior Notes at 102% of par. On October 10, 2013, the Issuers issued additional $300.0 million aggregate principal amounts at 97% of par. The Senior Notes will mature on May 1, 2021 with interest accruing at a rate of 7.625% per annum and payable semi-annually in arrears on May 1 and November 1 of each year, commencing November 1, 2013. The Senior Notes are governed by an indenture. The Senior Notes are subject to optional redemption at prices specified in the indenture plus accrued and unpaid interest, if any. The Issuers may also be required to repurchase the Senior Notes upon a change of control. The indenture contains customary covenants and restrictive provisions, many of which will terminate if at any time no default exists under the indenture and the Senior Notes receive an investment grade rating from both of two specified ratings agencies. The indenture also provides for customary and other events of default. In the case of an event of default arising from certain events of bankruptcy or insolvency with respect to either of the Issuers, all outstanding Senior Notes will become due and payable immediately without further action or notice. If any other event of default occurs and is continuing, the trustee or the holders of at least 25% in principal amount of the then outstanding Senior Notes may declare all the Senior Notes to be due and payable immediately. The Issuers have agreed pursuant to registration rights agreements to file an exchange offer registration statement or, under certain circumstances, a shelf registration statement with respect to the Senior Notes no later than April 17, 2014.
Tanos Revolving Credit Facility
On December 16, 2010, Tanos entered into an amended and restated credit agreement with various lenders, which consisted of a four-year, $250 million revolving credit facility, which was collateralized by Tanos oil and
F-49
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
gas properties. On April 1, 2013, indebtedness then outstanding under the revolving credit facility of $27.0 million was repaid and on April 25, 2013 all accrued interest was paid off in full and the Tanos revolving credit facility was terminated.
WHT Revolving Credit Facility
On April 8, 2011, WHT entered into a revolving credit facility. Borrowings under the revolving credit facility were secured by liens on substantially all of WHTs properties, but in any event, not less than 80% of the total value of the WHTs oil and natural gas properties. On March 28, 2013, the debt balance then outstanding under the revolving credit facility of $89.3 million and all accrued interest was paid off in full and the WHT revolving credit facility was terminated.
Stanolind Revolving Credit Facility
On September 9, 2010, Stanolind entered into a multi-year $50.0 million senior secured revolving credit agreement, which is collateralized by substantially all of Stanolinds oil and gas properties. During 2012, the credit agreement was amended, which among other things: (i) increased the aggregate maximum credit to $250.0 million and (ii) increased the borrowing base to $75.0 million. The borrowing base was redetermined subsequent to the amendment date and set at $97.0 million. The maturity date of the credit facility was July 13, 2017. All of Stanolinds indebtedness outstanding under the revolving credit facility was attributable to Stanolind SPV. On October 1, 2013, the debt balance then outstanding under the revolving credit facility and all accrued interest was paid off in full by MEMP on behalf of Stanolind.
Boaz Revolving Credit Facility
On August 1, 2011, Boaz entered into a multi-year $75.0 million senior secured revolving credit agreement, which was collateralized by substantially all of Boazs oil and gas properties. The maturity date of the credit facility was August 31, 2015. On October 1, 2013, the debt balance then outstanding under the revolving credit facility and all accrued interest was paid off in full and the Boaz revolving credit facility was terminated.
Crown Revolving Credit Facility
On January 28, 2010, Crown entered into a multi-year $75.0 million senior secured revolving credit agreement, which was collateralized by substantially all of Crowns oil and gas properties. The maturity date of the credit facility was October 25, 2016. On October 1, 2013, the debt balance then outstanding under the revolving credit facility and all accrued interest was paid off in full and the Crown revolving credit facility was terminated.
Propel Energy Revolving Credit Facility
On June 15, 2011, Propel Energy entered into a multi-year $200.0 million senior secured revolving credit agreement, which was collateralized by substantially all of Propel Energys oil and gas properties. The maturity date of the credit facility was June 15, 2015. All of Propel Energys indebtedness outstanding under the revolving credit facility was attributable to Propel SPV. On October 1, 2013, the debt balance then outstanding under the revolving credit facility and all accrued interest was paid off in full by MEMP on behalf of Propel Energy.
REO Revolving Credit Facility
On October 26, 2011, REO entered into a three-year, $150.0 million revolving credit facility, which was collateralized by its assets. On December 12, 2012, indebtedness then outstanding under the revolving credit facility of $28.5 million and all accrued interest was paid off in full and the revolving credit facility was terminated.
F-50
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Unamortized Deferred Financing Costs
Unamortized deferred financing costs associated with our combined debt obligations were as follows at December 31:
2013 | 2012 | |||||||
(in thousands) | ||||||||
MRD Segment: |
||||||||
Memorial Resource revolving credit facility |
$ | | $ | 653 | ||||
PIK notes |
8,261 | | ||||||
Classic revolving credit facility |
| 160 | ||||||
WildHorse revolving credit facility |
2,436 | 921 | ||||||
WildHorse second lien term loan |
9,030 | | ||||||
Black Diamond revolving credit facility |
| 233 | ||||||
MEMP Segment: |
||||||||
MEMP revolving credit facility |
5,413 | 3,359 | ||||||
Senior Notes |
15,053 | | ||||||
Tanos revolving credit facility |
| 416 | ||||||
WHT revolving credit facility |
| 1,419 | ||||||
Stanolind revolving credit facility |
| 580 | ||||||
Boaz revolving credit facility |
| 153 | ||||||
Crown revolving credit facility |
| 96 | ||||||
Propel Energy revolving credit facility |
| 236 | ||||||
|
|
|
|
|||||
$ | 40,193 | $ | 8,226 | |||||
|
|
|
|
Note 9. Noncontrolling Interests
Noncontrolling interests is the portion of equity ownership in our majority-owned subsidiaries not attributable to us and primarily consists of the equity interests held by: (i) the limited partners of MEMP, excluding units held by MRD; (ii) a third party investor in the San Pedro Bay Pipeline Company; and (iii) certain current or former key employees of certain of our subsidiaries.
Distributions paid to the limited partners of MEMP primarily represent the quarterly cash distributions paid to MEMPs unitholders, excluding those paid to Memorial Resource.
Contributions received from limited partners of MEMP primarily represent net cash proceeds received from common unit offerings. On March 25, 2013, MEMP sold 9,775,000 of its common units in an underwritten equity offering, which generated net cash proceeds of approximately $171.8 million after deducting underwriting discounts and offering expenses. The net proceeds from this equity offering partially funded MEMPs acquisition of all of the outstanding equity interests in WHT. On October 8, 2013, MEMP sold 16,675,000 of its common units in an underwritten equity offering, which generated net cash proceeds of approximately $318.3 million after deducting underwriting discounts and offering expenses. The net proceeds from this equity offering were used to repay a portion of outstanding borrowings under the MEMP revolving credit facility. In December 2012, MEMP sold 11,975,000 of its common units in an underwritten equity offering, which generated net cash proceeds of $194.3 million. The net proceeds from this equity offering partially funded MEMPs December 2012 acquisition.
On April 1, 2013, Tanos management team sold its 1.066% interest in Tanos to Memorial Resource and all incentive units held were forfeited. See Note 11 for further information.
F-51
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
In connection with this sale, all of Tanos employees resigned and became employees of Tanos Exploration II, LLC (Tanos II), a Texas limited liability company controlled by the former management team of Tanos. Effective April 1, 2013, Tanos II entered into a transition services agreement with Tanos, whereby Tanos II would manage the operations of Tanos for up to a 6-month period of time. Tanos II is an unrelated entity.
On November 1, 2013, Memorial Resource purchased the noncontrolling interests in Black Diamond, Classic GP and Classic and all incentive units were forfeited. See Note 11 for further information.
In connection with the purchase of the remaining noncontrolling interests in Black Diamond, all of Black Diamonds employees resigned and certain of them became members of DBD Partners, LLC (DBD), a Delaware limited liability company controlled by the former management team of Black Diamond. Effective November 1, 2013, DBD entered into a transition services agreement with Black Diamond, whereby DBD would manager the operations of Black Diamond for up to a 12 month period of time. DBD is an unrelated entity.
Note 10. Long-Term Incentive Plan
In December 2011, the Memorial Production Partners GP LLC Long-Term Incentive Plan (LTIP) was adopted for employees, officers, consultants and directors of MEMP GP and any of its affiliates, including Memorial Resource, who perform services for MEMP. The LTIP consists of restricted units, phantom units, unit options, unit appreciation rights, distribution equivalent rights, other unit-based awards and unit awards. The LTIP initially limits the number of common units that may be delivered pursuant to awards under the plan to 2,142,221 common units. Common units that are cancelled, forfeited or withheld to satisfy exercise prices or tax withholding obligations will be available for delivery pursuant to other awards. During the years ended December 31, 2013 and 2012, there were multiple awards of restricted common units that were granted under the LTIP to executive officers and independent directors of MEMP GP and other Memorial Resource employees who provide services for MEMP.
The restricted common units awarded are subject to restrictions on transferability, customary forfeiture provisions and graded vesting provisions. Award recipients have all the rights of a unitholder in MEMP with respect to the restricted common units, including the right to receive distributions thereon if and when distributions are made by MEMP to its unitholders (except with respect to the fourth quarter 2011 distribution that was paid in February 2012). The term restricted common unit represents a time-vested unit. Such awards are non-vested until the required service period expires.
Based on the market price per unit on the date of grant, the aggregate fair value of the restricted common units awarded to MEMP GPs executive officers and other Memorial Resource employees during the years ended December 31, 2013 and 2012 was $9.7 million and $5.0 million, respectively. The restricted common units granted are accounted for as equity-classified awards. The grant-date fair value net of estimated forfeitures is recognized as compensation cost on a straight-line basis over the requisite service period. The fair value of the restricted unit awards granted to the independent directors of MEMP GP are also recognized as compensation cost on a straight-line basis over the requisite service period. The compensation costs associated with these awards are recorded as general and administrative expenses.
F-52
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
The following table summarizes information regarding restricted common unit awards for the periods presented:
Number of Units |
Weighted Average Grant Date Fair Value per Unit(1) |
|||||||
Restricted common units outstanding at January 1, 2012 |
| $ | | |||||
Granted(2) |
287,943 | $ | 18.07 | |||||
Forfeited |
(2,334 | ) | $ | 17.14 | ||||
|
|
|||||||
Restricted common units outstanding at December 31, 2012 |
285,609 | $ | 18.08 | |||||
Granted(3) |
524,718 | $ | 18.83 | |||||
Forfeited |
(11,734 | ) | $ | 17.24 | ||||
Vested |
(91,666 | ) | $ | 18.31 | ||||
|
|
|||||||
Restricted common units outstanding at December 31, 2013 |
706,927 | $ | 18.62 | |||||
|
|
(1) | Determined by dividing the aggregate grant date fair value of awards by the number of awards issued. |
(2) | The aggregate grant date fair value of restricted common unit awards issued in 2012 was $5.2 million based on grant date market prices of MEMP ranging from of $17.14 to $18.58 per unit. |
(3) | The aggregate grant date fair value of restricted common unit awards issued in 2013 was $9.9 million based on grant date market prices of MEMP ranging from of $18.33 to $20.35 per unit. |
The unrecognized compensation cost associated with restricted common unit awards was an aggregate $9.9 million at December 31, 2013, which will be recognized over a weighted-average period of 2.2 years.
Since the restricted common units are participating securities of MEMP, any distributions received by the restricted common unitholders are reflected as a component of cash distributions to noncontrolling interest as presented on our statements of consolidated and combined cash flows. During the years ended December 31, 2013 and 2012, the restricted common unitholders received a distribution of approximately $1.0 million and $0.2 million, respectively.
Note 11. Incentive Units
Each of the governing documents of BlueStone Holdings, Tanos, WildHorse, Classic, Black Diamond and Memorial Resource either currently provide or previously provided for the issuance of incentive units. The incentive units are subject to performance conditions that affects their vesting. Compensation cost is recognized only if the performance condition is probable of being satisfied at each reporting date.
BlueStone Holdings, Tanos, WildHorse, Classic, Black Diamond and Memorial Resource each granted incentive units to certain of its members who were key employees at the time of grant. Holders of incentive units are entitled to distributions ranging from 10% to 31.5% when declared, but only after cumulative distribution thresholds (payouts) have been achieved. Payouts are generally triggered after the recovery of specified members capital contributions plus a rate of return. On December 14, 2011 and in connection with MEMPs initial public offering, BlueStone Holdings Special Tier and Tier I unit holders vested in their respective awards. Tier I unit holders will participate in 16.5% of any future distributions made by BlueStone Holdings.
Vesting of the incentive units is generally dependent upon an explicit service period, a fundamental change as defined in the respective governing document, and achievement of payout. All incentive units not vested are forfeited if an employee is no longer employed. All incentive units will be forfeited if a holder resigns whether the incentive units are vested or not. If the payouts have not yet occurred, then all incentive units, whether or not vested, will be forfeited automatically (unless extended).
F-53
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Except for the following, no compensation cost has been recorded related to incentive units for the years ended December 31, 2013 and 2012:
| During 2012, a special distribution of $9.5 million was approved and declared to the WildHorse incentive unit holders as an advance on a future potential final distribution. This special distribution was included in general and administrative expense in the accompanying statement of operations for the year ended December 31, 2012. |
| On April 1, 2013, Tanos management team sold its 1.066% interest in Tanos to Memorial Resource and all incentive units held were forfeited. Compensation expense of approximately $5.8 million was recorded by Tanos and recognized as general and administrative expense during April 2013. |
| Compensation expense of approximately $19.1 million was recorded by BlueStone and recognized as general and administrative expense during July 2013. Net proceeds generated from the sale of oil and gas properties (see Note 3) were used to pay the distribution. |
| On November 1, 2013, Memorial Resource purchased the noncontrolling interests in Black Diamond, Classic GP and Classic and all incentive units were forfeited. Total consideration remitted by Memorial Resource was approximately $28.5 million, of which $2.0 million is payable in quarterly installments commencing February 1, 2014. Compensation expense of approximately $12.6 million was recorded by Black Diamond, Classic GP and Classic in the aggregate and recognized as general and administrative expense during November 2013. |
| In connection with the PIK notes issued in December 2013, a special distribution of $10.0 million to holders of WildHorses Tier 1 incentive units was deemed probable of occurring. This amount was recognized as compensation expense in December 2013 with a corresponding amount in accrued liabilities on our balance sheet at December 31, 2013 as payment was not made until January 2, 2014. |
In connection with the Offering, certain former management members of WildHorse Resources will contribute their 0.1% membership interest in WildHorse as well as their incentive units in exchange for shares of common stock of MRDC and cash consideration. As such, WildHorse is expected to recognize additional compensation cost in 2014 upon the closing of the Offering.
Note 12. Related Party Transactions
Common Control Transactions between MEMP and Other Memorial Resource Subsidiaries
During the year ended December 31, 2012, MEMP acquired additional oil and natural gas properties from Tanos and Classic. MEMP acquired all of the outstanding membership interests in WHT from WildHorse and Tanos on March 28, 2013; acquired all the outstanding membership interests in Prospect Energy from Black Diamond on October 1, 2013; acquired all of the outstanding membership interests in Tanos from Memorial Resource on October 1, 2013; and acquired the MRD Assets from Memorial Resource on October 1, 2013. These intercompany transactions eliminate in preparation of our consolidated and combined financial statements.
Beta Acquisition
On December 12, 2012, MEMP acquired REO, which owns certain operating interests in producing and non-producing oil and gas properties offshore Southern California, from Rise for a purchase price of $270.6 million, which included $3.0 million of working capital and other customary adjustments. The Beta acquisition was funded with borrowings under MEMPs revolving credit facility and the net proceeds generated
F-54
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
from its December 12, 2012 public offering of common units. The effective date for this transaction was September 1, 2012. The acquired properties, which are referred to as the Beta properties, primarily consist of a 51.75% working interest in three Pacific Outer Continental Shelf blocks covering the Beta Field, and are located in federal waters approximately eleven miles offshore the Port of Long Beach, California. Associated facilities include three conventional wellhead and production processing platforms, a 17.5-mile pipeline and an onshore tankage and metering facility. Two of the platforms are bridge connected and stand in approximately 260 feet of water, while the third platform stands in approximately 700 feet of water. This acquisition was accounted for as a combination of entities under common control at historical cost in a manner similar to the pooling of interest method. MEMP recorded the following net assets (in thousands):
Cash and cash equivalents |
$ | 6,021 | ||
Accounts receivable |
16,284 | |||
Short-term derivative instruments, net |
2,926 | |||
Prepaid expenses and other current assets |
4,521 | |||
Oil and natural gas properties, net |
108,342 | |||
Restricted investments |
68,009 | |||
Accounts payable |
(9,092 | ) | ||
Accrued liabilities |
(9,140 | ) | ||
Asset retirement obligations |
(58,746 | ) | ||
Credit facilities |
(28,500 | ) | ||
Deferred tax liability |
(1,674 | ) | ||
Noncontrolling interest |
(5,255 | ) | ||
|
|
|||
Net assets |
$ | 93,696 | ||
|
|
An affiliate of REO collected a management fee for providing administrative services to REO. These administrative services included accounting, business development, finance, legal, information technology, insurance, government regulations, communications, regulatory, environmental and human resources services. REO incurred and paid management fees of $1.6 million during the year ended December 31, 2012. These management fees are presented as a component of general and administrative costs and expenses in the accompanying statements of operations.
F-55
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
October 2013 Cinco Group Acquisition
On October 1, 2013, MEMP acquired, through equity and asset transactions, oil and natural gas properties primarily in the Permian Basin, East Texas and the Rockies from Memorial Resource and certain affiliates of NGP for an aggregate preliminary purchase price of approximately $603 million (subject to customary post-closing adjustments), of which approximately $507.1 million was received by certain affiliates of NGP. We refer to this transaction as the Cinco Group acquisition. The Cinco Group acquisition was funded with borrowings under MEMPs revolving credit facility. The Cinco Group acquisition was accounted for as a combination of entities under common control at historical cost in a manner similar to the pooling of interest method.
Cash and cash equivalents |
$ | 2,820 | ||
Accounts receivable |
5,184 | |||
Prepaid expenses and other current assets |
1,454 | |||
Oil and natural gas properties, net |
342,759 | |||
Other long-term assets |
344 | |||
Accounts payable |
(2,346 | ) | ||
Revenue payable |
(2,910 | ) | ||
Accrued liabilities |
(1,799 | ) | ||
Short-term derivative instruments, net |
(1,828 | ) | ||
Long-term derivative instruments, net |
(826 | ) | ||
Asset retirement obligations |
(9,606 | ) | ||
Credit facilities |
(151,690 | ) | ||
|
|
|||
Net assets |
$ | 181,556 | ||
|
|
Net Profits Interest Sold to NGP
Upon the completion of the 2010 Petrohawk and Clayton Williams acquisitions, WildHorse sold a net profits interest in these properties to NGPCIF. Upon the acquisition of the Petrohawk properties WildHorse immediately sold a net profits interest of 6.25% for all producing well bores and the right to participate in a 3.125% net profits interest in non-producing wellbores for the subject area for $19.5 million, or $19.1 million after adjustments. Upon the acquisition of the Clayton Williams properties, WildHorse immediately sold a net profits interest of 23.5% for all producing wellbores and the right to participate in a 10.0% net profits interest in non-producing wellbores for the subject area for $19.8 million, or $19.9 million after adjustments. No gain or loss was recorded from these two transactions.
The net profits agreements for these transactions provide for a fixed fee of $20,000 per month for overhead and management in lieu of COPAS (Council of Petroleum Accountants Societies) billings. The net profits agreements do not provide for an overhead adjustment factor for this monthly charge, as suggested by COPAS. Quarterly net payments are made to NGPCIF for its net profits interest in the Petrohawk and Clayton Williams acquisitions. The net payments include credits for revenue receipts which are offset with production costs, capital expenditures and the management fee and are adjusted for any acquisition settlements received or paid and any other miscellaneous adjustments. As required by such agreements, WildHorse cannot collect funds owed by NGPCIF to WildHorse, but WildHorse can net amounts due from future quarterly payments.
As a result of these transactions, WildHorse paid NGPCIF a total of $2.6 million and $2.3 million during 2013 and 2012, respectively. NGPCIF owed WildHorse $0.2 million at December 31, 2013. WildHorse owed NGPCIF $0.4 million at December 31, 2012.
F-56
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
On February 28, 2014, WildHorse repurchased these net profits interests from NGPCIF for a purchase price $63.4 million after customary adjustments. This acquisition was accounted for as a combination of entities under common control at historical cost in a manner similar to the pooling of interest method and our consolidated and combined financial statements presented herein have been retrospectively revised.
WildHorse Management Services Agreement
WildHorse Resources II, LLC (WHR II) is an independent energy company engaged in the acquisition, exploitation, and development of natural gas and crude oil properties. WHR II is a related party and was organized in the State of Delaware on June 3, 2013. A management services agreement was executed on August 8, 2013, where WildHorse began providing general, administrative and employee services to WHR II. On August 8, 2013, a management agreement between WildHorse and WHR II was executed where WildHorse was appointed the manager for WHR II with responsibilities including administrative and land services, operator services and financial and accounting services. As operator, WildHorse receives operated and non-operated revenues on behalf of WHR II and bills and receives joint interest billings. In addition, WildHorse pays for lease operating expenses and drilling costs on behalf of WHR II. On August 8, 2013, an asset and cost sharing agreement between WildHorse and WHR II was executed. As part of the agreement, shared WildHorse costs are allocated between WildHorse and WHR II in accordance with a sharing ratio. The sharing ratio is based on the previous quarters capital expenditures and number of operated wells. Company specific costs are billed directly to the appropriate entity. As a result of these agreements, WildHorse received net payments of $4.4 million from WHR II during 2013. WildHorse owed WHR II $2.4 million as of December 31, 2013.
Cinco Group Transition Service Agreements
MEMP entered into transition service agreements with Propel Energy, Stanolind, and Boaz Energy Partners to ensure that ownership, operation, and maintenance of acquired properties can be smoothly transitioned. The term of these agreements are from October 1, 2013 through February 28, 2014. MEMP expects to pay transition service fees of approximately $0.8 million in the aggregate under these agreements.
Other
Effective March 1, 2012, BlueStone entered into an agreement with CH4 Energy III, LLC, an NGP controlled entity, to sell an undivided 25% interest in certain properties in the Mossy Grove Prospect in Walker and Madison Counties located in East Texas. Total cash consideration received by BlueStone was approximately $7.0 million, which exceeded the net book value of the properties sold by $6.4 million. Due to common control considerations, the $6.4 million was recognized in the equity statement as a contribution. The transaction closed on July 13, 2012.
A company affiliated with one of the Classics employees provided certain land-related services to Classic. Classic paid approximately $1.0 million to this company for these services in 2012.
Certain of the Cinco Group entities entered into an advisory service, reimbursement, and indemnification agreements with NGP. These agreements generally required that an annual advisory fee be paid to NGP. Fees paid under these agreements for the years ended December 31, 2013 and 2012 were approximately $0.3 million and $0.4 million, respectively. Certain of the Cinco Group entities also paid a financing fee equal to a percentage of the capital contributions raised by NGP. These fees were considered a syndication cost and reduced equity contributions for financing fees paid. Fees for the year ended December 31, 2012 was approximately $0.4 million. There were no fees for the year ended December 31, 2013.
F-57
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
During 2012, the previous owners received an equity contribution of $6.9 million of oil and gas properties in the Hendricks Field located in the Permian Basin of Texas by an NGP controlled entity. Due to common control considerations, this equity contribution was recorded at historical cost of the properties.
During 2012, Boaz reimbursed a member of its management team approximately $0.3 million in general, administrative, and lease operating expenses related to an oral lease agreement between the member of management and a third party for a field office and yard located in Bronte, Texas.
See Note 3 for additional information regarding the divestiture of certain interests in oil and gas properties offshore Louisiana that the previous owners sold during 2012 to an NGP controlled entity.
Note 13. Business Segment Data
Our reportable business segments are organized in a manner that reflects how management manages those business activities.
We have two reportable business segments, both of which are engaged in the acquisition, exploitation, development and production of oil and natural gas properties. Our reportable business segments are as follows:
| MRDreflects the combined operations of Memorial Resource, WildHorse, Classic and Classic GP, Black Diamond, BlueStone, Beta Operating, and MEMP GP. |
| MEMPreflects the combined operations of MEMP, including the previous owners and any dropdown transactions between MEMP and other Memorial Resource subsidiaries. See Note 1 for additional information regarding dropdown transactions between MEMP and other Memorial Resource subsidiaries. |
We evaluate segment performance based on Adjusted EBITDA. Adjusted EBITDA is defined as net income (loss), plus interest expense; income tax expense; depreciation, depletion and amortization; impairment of goodwill and long-lived assets; accretion of asset retirement obligations; losses on commodity derivative contracts and cash settlements received; losses on sale of assets; unit-based compensation expenses; exploration costs; equity loss from MEMP (MRD Segment only); cash distributions from MEMP (MRD Segment only); acquisition related costs; amortization of investment premium; and other non-routine items, less interest income; income tax benefit; gains on commodity derivative contracts and cash settlements paid; equity income from MEMP (MRD Segment only); gains on sale of assets and other non-routine items.
Financial information presented for the MEMP business segment is derived from the underlying consolidated and combined financial statements of MEMP that are publicly available.
Segment revenues and expenses include intersegment transactions. Our combined totals reflect the elimination of intersegment transactions.
In the MRD Segments individual financial statements, investments in the MEMP Segment that are included in the consolidated and combined financial statements are accounted for by the equity method.
F-58
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
The following table presents selected business segment information for the periods indicated (in thousands):
MRD | MEMP | Other Adjustments & Eliminations |
Consolidated and Combined Totals |
|||||||||||||
Total revenues: |
||||||||||||||||
Year ended December 31, 2013 |
$ | 231,558 | $ | 343,616 | $ | (151 | ) | $ | 575,023 | |||||||
Year ended December 31, 2012 |
138,814 | 258,423 | (369 | ) | 396,868 | |||||||||||
Adjusted EBITDA: |
||||||||||||||||
Year ended December 31, 2013(1) |
197,903 | 222,185 | (25,232 | ) | 394,856 | |||||||||||
Year ended December 31, 2012(1) |
131,702 | 179,334 | (23,447 | ) | 287,589 | |||||||||||
Segment assets:(2) |
||||||||||||||||
As of December 31, 2013 |
1,281,134 | 1,552,307 | (4,280 | ) | 2,829,161 | |||||||||||
As of December 31, 2012 |
1,102,406 | 1,489,404 | (132,506 | ) | 2,459,304 | |||||||||||
Total expenditures for additions to long-lived assets: |
||||||||||||||||
Year ended December 31, 2013 |
267,870 | 200,577 | | 468,447 | ||||||||||||
Year ended December 31, 2012 |
249,526 | 387,160 | | 636,686 |
(1) | Adjustments and eliminations for the years ended December 31, 2013 and 2012 include amounts related to the MRDs Segment equity investments in the MEMP Segment as well the elimination of $26.0 million and $19.3 million of cash distributions that MEMP paid Memorial Resource for the years ended December 31, 2013 and 2012, respectively, related to Memorial Resources partnership interests in MEMP. |
(2) | Adjustments and eliminations primarily represent the elimination of the MRDs Segment equity investments in the MEMP Segment. The adjustment at December 31, 2013 also includes $49.9 million related to an impairment recognized by the MEMP Segment during 2013. This impairment did not exist on a consolidated basis. |
Calculation of Reportable Segments Adjusted EBITDA
For the Year Ended December 31, 2013 |
||||||||||||
MRD | MEMP | Combined Totals |
||||||||||
(in thousands) | ||||||||||||
Net income (loss) |
$ | 82,243 | $ | 20,268 | $ | 102,511 | ||||||
Interest expense, net |
27,349 | 41,901 | 69,250 | |||||||||
Income tax expense (benefit) |
1,311 | 308 | 1,619 | |||||||||
DD&A |
87,043 | 97,269 | 184,312 | |||||||||
Impairment of proved oil and natural gas properties |
2,527 | 54,362 | 56,889 | |||||||||
Accretion of AROs |
728 | 4,853 | 5,581 | |||||||||
(Gain) loss on commodity derivative instruments |
(3,013 | ) | (26,281 | ) | (29,294 | ) | ||||||
Cash settlements received on commodity derivative instruments |
12,240 | 19,879 | 32,119 | |||||||||
Gain on sale of properties |
(82,773 | ) | (2,848 | ) | (85,621 | ) | ||||||
Acquisition related costs |
1,584 | 6,729 | 8,313 | |||||||||
Incentive unit compensation expense |
43,279 | 3,558 | 46,837 | |||||||||
Non-cash compensation expense |
| 1,057 | 1,057 | |||||||||
Exploration costs |
1,226 | 1,130 | 2,356 | |||||||||
Equity (income) loss from MEMP |
(1,847 | ) | | (1,847 | ) | |||||||
Cash distributions from MEMP |
26,006 | | 26,006 | |||||||||
|
|
|
|
|
|
|||||||
Adjusted EBITDA |
$ | 197,903 | $ | 222,185 | $ | 420,088 | ||||||
|
|
|
|
|
|
F-59
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
For the Year Ended December 31, 2012 |
||||||||||||
MRD | MEMP | Combined Totals |
||||||||||
(in thousands) | ||||||||||||
Net income (loss) |
$ | (14,641 | ) | $ | 46,518 | $ | 31,877 | |||||
Interest expense, net |
12,802 | 20,436 | 33,238 | |||||||||
Income tax expense (benefit) |
(178 | ) | 285 | 107 | ||||||||
DD&A |
62,636 | 76,036 | 138,672 | |||||||||
Impairment of proved oil and natural gas properties |
18,339 | 10,532 | 28,871 | |||||||||
Accretion of AROs |
632 | 4,377 | 5,009 | |||||||||
(Gain) loss on commodity derivative instruments |
(13,488 | ) | (21,417 | ) | (34,905 | ) | ||||||
Cash settlements received on commodity derivative instruments |
30,188 | 44,111 | 74,299 | |||||||||
Gain on sale of properties |
(2 | ) | (9,759 | ) | (9,761 | ) | ||||||
Acquisition related costs |
403 | 4,135 | 4,538 | |||||||||
Incentive unit compensation expense |
9,510 | 1,423 | 10,933 | |||||||||
Exploration costs |
7,337 | 2,463 | 9,800 | |||||||||
Amortization of investment premium |
| 194 | 194 | |||||||||
Non-cash equity (income) loss from MEMP |
(696 | ) | | (696 | ) | |||||||
Cash distributions from MEMP |
19,263 | | 19,263 | |||||||||
|
|
|
|
|
|
|||||||
Adjusted EBITDA |
$ | 132,105 | $ | 179,334 | $ | 311,439 | ||||||
|
|
|
|
|
|
The following table presents a reconciliation of total reportable segments Adjusted EBITDA to net income (loss) for each of the periods indicated.
For the Years Ended December 31, |
||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
Total Reportable Segments Adjusted EBITDA |
$ | 420,088 | $ | 311,439 | ||||
Adjustment to reconcile Adjusted EBITDA to net income (loss): |
||||||||
Interest expense, net |
(69,250 | ) | (33,238 | ) | ||||
Income tax benefit (expense) |
(1,619 | ) | (107 | ) | ||||
DD&A |
(184,717 | ) | (138,672 | ) | ||||
Impairment of proved oil and natural gas properties |
(6,600 | ) | (28,871 | ) | ||||
Accretion of AROs |
(5,581 | ) | (5,009 | ) | ||||
Gains (losses) on commodity derivative instruments |
29,294 | 34,905 | ||||||
Cash settlements received on commodity derivative instruments |
(32,119 | ) | (74,299 | ) | ||||
Gain on sale of properties |
85,621 | 9,761 | ||||||
Acquisition related costs |
(8,313 | ) | (4,538 | ) | ||||
Incentive unit compensation expense |
(46,837 | ) | (10,933 | ) | ||||
Non-cash compensation expense |
(1,057 | ) | | |||||
Exploration costs |
(2,356 | ) | (9,800 | ) | ||||
Amortization of investment premium |
| (194 | ) | |||||
Cash distributions from MEMP |
(26,006 | ) | (19,263 | ) | ||||
Non-cash equity (income) loss from WHT & MRD Assets |
784 | (4,184 | ) | |||||
|
|
|
|
|||||
Net income (loss) |
$ | 151,332 | $ | 26,997 | ||||
|
|
|
|
F-60
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Included below is our consolidated and combined statement of operations disaggregated by reportable segment for the period indicated:
For the Year Ended December 31, 2013 |
||||||||||||||||
MRD | MEMP | Other Adjustments & Eliminations |
Consolidated and Combined Totals |
|||||||||||||
(in thousands) | ||||||||||||||||
Revenues: |
||||||||||||||||
Oil & natural gas sales |
$ | 230,751 | $ | 341,197 | $ | | $ | 571,948 | ||||||||
Other revenues |
807 | 2,419 | (151 | ) | 3,075 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total revenues |
231,558 | 343,616 | (151 | ) | 575,023 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Costs and expenses: |
||||||||||||||||
Lease operating |
25,006 | 88,893 | (259 | ) | 113,640 | |||||||||||
Pipeline operating |
| 1,835 | | 1,835 | ||||||||||||
Exploration |
1,226 | 1,130 | | 2,356 | ||||||||||||
Production and ad valorem taxes |
9,362 | 17,784 | | 27,146 | ||||||||||||
Depreciation, depletion, and amortization |
87,043 | 97,269 | 405 | 184,717 | ||||||||||||
Impairment of proved oil and natural gas properties |
2,527 | 54,362 | (50,289 | ) | 6,600 | |||||||||||
General and administrative |
81,758 | 43,495 | 105 | 125,358 | ||||||||||||
Accretion of asset retirement obligations |
728 | 4,853 | | 5,581 | ||||||||||||
(Gain) loss on commodity derivative instruments |
(3,013 | ) | (26,281 | ) | | (29,294 | ) | |||||||||
(Gain) loss on sale of properties |
(82,773 | ) | (2,848 | ) | | (85,621 | ) | |||||||||
Other, net |
2 | 647 | | 649 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total costs and expenses |
121,866 | 281,139 | (50,038 | ) | 352,967 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Operating income |
109,692 | 62,477 | 49,887 | 222,056 | ||||||||||||
Other income (expense): |
||||||||||||||||
Interest expense, net |
(27,349 | ) | (41,901 | ) | | (69,250 | ) | |||||||||
Earnings from equity investments |
1,066 | | (1,066 | ) | | |||||||||||
Other, net |
145 | | | 145 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total other income (expense) |
(26,138 | ) | (41,901 | ) | (1,066 | ) | (69,105 | ) | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Income before income taxes |
83,554 | 20,576 | 48,821 | 152,951 | ||||||||||||
Income tax benefit (expense) |
(1,311 | ) | (308 | ) | | (1,619 | ) | |||||||||
|
|
|
|
|
|
|
|
|||||||||
Net income |
$ | 82,243 | $ | 20,268 | $ | 48,821 | $ | 151,332 | ||||||||
|
|
|
|
|
|
|
|
(1) | During the year ended December 31, 2013 the MEMP Segment recorded impairments of $50.3 million related to certain properties in East Texas. Both the MRD and MEMP Segments own properties in the same field and on a consolidated basis the expected future cash flows exceeded the carrying value, and therefore, did not result in an impairment on a consolidated basis. |
F-61
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
For the Year Ended December 31, 2012 |
||||||||||||||||
MRD | MEMP | Other Adjustments & Eliminations |
Consolidated and Combined Totals |
|||||||||||||
(in thousands) | ||||||||||||||||
Revenues: |
||||||||||||||||
Oil & natural gas sales |
$ | 138,032 | $ | 255,608 | $ | (9 | ) | $ | 393,631 | |||||||
Other revenues |
782 | 2,815 | (360 | ) | 3,237 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total revenues |
138,814 | 258,423 | (369 | ) | 396,868 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Costs and expenses: |
||||||||||||||||
Lease operating |
24,438 | 80,116 | (800 | ) | 103,754 | |||||||||||
Pipeline operating |
| 2,114 | | 2,114 | ||||||||||||
Exploration |
7,337 | 2,463 | | 9,800 | ||||||||||||
Production and ad valorem taxes |
7,576 | 16,048 | | 23,624 | ||||||||||||
Depreciation, depletion, and amortization |
62,636 | 76,036 | | 138,672 | ||||||||||||
Impairment of proved oil and natural gas properties |
18,339 | 10,532 | | 28,871 | ||||||||||||
General and administrative |
38,414 | 30,342 | 431 | 69,187 | ||||||||||||
Accretion of asset retirement obligations |
632 | 4,377 | | 5,009 | ||||||||||||
(Gain) loss on commodity derivative instruments |
(13,488 | ) | (21,417 | ) | | (34,905 | ) | |||||||||
(Gain) loss on sale of properties |
(2 | ) | (9,759 | ) | | (9,761 | ) | |||||||||
Other, net |
364 | 138 | | 502 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total costs and expenses |
146,246 | 190,990 | (369 | ) | 336,867 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
Operating income |
(7,432 | ) | 67,433 | | 60,001 | |||||||||||
Other income (expense): |
||||||||||||||||
Interest expense, net |
(12,802 | ) | (20,436 | ) | | (33,238 | ) | |||||||||
Amortization of investment premium |
| (194 | ) | | (194 | ) | ||||||||||
Earnings from equity investments |
4,880 | | (4,880 | ) | | |||||||||||
Other, net |
535 | | | 535 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total other income (expense) |
(7,387 | ) | (20,630 | ) | (4,880 | ) | (32,897 | ) | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Income before income taxes |
(14,819 | ) | 46,803 | (4,880 | ) | 27,104 | ||||||||||
Income tax benefit (expense) |
178 | (285 | ) | | (107 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Net income |
$ | (14,641 | ) | $ | 46,518 | $ | (4,880 | ) | $ | 26,997 | ||||||
|
|
|
|
|
|
|
|
Note 14. Commitments and Contingencies
Litigation & Environmental
As part of our normal business activities, we may be named as defendants in litigation and legal proceedings, including those arising from regulatory and environmental matters. Although we are insured against various risks to the extent we believe it is prudent, there is no assurance that the nature and amount of such insurance will be adequate, in every case, to indemnify us against liabilities arising from future legal proceedings. We are not aware of any litigation, pending or threatened, that we believe is reasonably likely to have a significant adverse effect on our financial position, results of operations or cash flows. At December 31, 2012, we had an accrued liability of approximately $0.1 million relating primarily to a matter that has been settled. We did not have an accrued liability at December 31, 2013.
Environmental costs for remediation are accrued based on estimates of known remediation requirements. Such accruals are based on managements best estimate of the ultimate cost to remediate a site and are adjusted
F-62
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
as further information and circumstances develop. Those estimates may change substantially depending on information about the nature and extent of contamination, appropriate remediation technologies and regulatory approvals. Expenditures to mitigate or prevent future environmental contamination are capitalized. Ongoing environmental compliance costs are charged to expense as incurred. In accruing for environmental remediation liabilities, costs of future expenditures for environmental remediation are not discounted to their present value, unless the amount and timing of the expenditures are fixed or reliably determinable. At December 31, 2013, none of our estimated environmental remediation liabilities were discounted to present value since the ultimate amount and timing of cash payments for such liabilities were not readily determinable.
The following table presents the activity of our environmental reserves for the periods presented:
2013 | 2012 | |||||||
(in thousands) | ||||||||
Balance at beginning of period |
$ | 1,469 | $ | 1,747 | ||||
Charged to costs and expenses |
| 193 | ||||||
Payments |
(892 | ) | (471 | ) | ||||
|
|
|
|
|||||
Balance at end of period |
$ | 577 | $ | 1,469 | ||||
|
|
|
|
At December 31, 2013 and 2012, $0.6 million and $1.0 million, respectively, of our environmental reserves were classified as current liabilities in accrued liabilities.
Sinking Fund Trust Agreement
REO assumed an obligation with a third party to make payments into a sinking fund in connection with its 2009 acquisition of the Beta properties, the purpose of which is to provide funds adequate to decommission the portion of the San Pedro Bay pipeline that lies within California state waters and the surface facilities. Under the terms of the agreement, REO, as the operator of the properties, is obligated to make monthly deposits into the sinking fund account in an amount equal to $0.25 per barrel of oil and other liquid hydrocarbon produced from the acquired working interest. Interest earned in the account stays in the account. The obligation to fund ceases when the aggregate value of the account reaches $4.3 million. As of December 31, 2013, the gross account balance included in restricted investments was approximately $2.3 million. REOs maximum remaining obligation net to its 51.75% interest under the terms of the current agreement was $1.0 million at December 31, 2013.
Supplemental Bond for Decommissioning Liabilities Trust Agreement
REO assumed an obligation with the Bureau of Ocean Energy Management (BOEM) in connection with its 2009 acquisition of the Beta properties. Under the terms of the agreement dated March 1, 2007, the seller of the Beta properties was obligated to deliver a $90.0 million U.S. Treasury Note into a trust account for the decommissioning of the offshore production facilities. At the time of acquisition, all obligations under this existing agreement had been met.
F-63
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
In January 2010, the BOEM issued a report that revised upward, the estimated cost of decommissioning. In June 2010, REO agreed to make additional quarterly payments to the trust account attributable to its net working interest of approximately $0.6 million beginning on June 30, 2010 until the payments and accrued interest attributable to REO equal $78.7 million by December 31, 2016. The trust account must maintain minimum balances attributable to REOs net working interest as follows (in thousands):
June 30, 2014 |
$ | 68,310 | ||
June 30, 2015 |
$ | 72,450 | ||
June 30, 2016 |
$ | 76,590 | ||
December 31, 2016 |
$ | 78,660 |
In the event the account balance is less than the contractual amount, the working interest owners must make additional payments. Interest income earned and deposited in the trust account mitigates the likelihood that additional payments will have to be made by the working interest owners. As of December 31, 2013, the maximum remaining obligation net to REOs interest was approximately $12.2 million.
The trust account is held by REO for the benefit of all working interest owners. The following is a summary of the gross held-to-maturity investments held in the trust account less the outside working interest owners share as of December 31, 2013 (in thousands):
Investment |
Amortized Cost |
Unrealized Gain (Loss) |
Fair Market Value |
|||||||||
U.S. Bank Money Market Cash Equivalent |
$ | 105,184 | $ | | $ | 105,184 | ||||||
U.S. Government Treasury Note, maturity of March 31, 2014, and 1.75% coupon |
23,073 | 93 | 23,166 | |||||||||
Less: Outside working interest owners share |
(61,884 | ) | (45 | ) | (61,929 | ) | ||||||
|
|
|
|
|
|
|||||||
$ | 66,373 | $ | 48 | $ | 66,421 | |||||||
|
|
|
|
|
|
Processing Plant Expansions by Third Party Gatherer
In 2012, WildHorse contracted with Regency Field Services LLC (the Gatherer) to expand their Dubach processing plant by up to 70 MMcf per day among other facility and infrastructure improvements. The expansion project was complete and fully operational by July 2013. WildHorse will pay a payback demand fee until the payback demand fees received by the Gatherer plus any third party fees equal 110% of the new facility cost. For each month from the commencement date through the month in which the payout date occurs, WildHorse will pay a payback demand fee equal to the monthly demand quantity (136,200 MMBtu per day) times $0.26 per MMBtu. In addition, for each MMBtu gathered in excess of the demand quantity, WildHorse will pay a payback demand fee of $0.26 per MMBtu.
In 2013, WildHorse contracted with the Gatherer to build a new high pressure pipeline from the dedicated area to the Gatherers Dubberly processing plant in Webster Parish, LA amongst other pipeline and infrastructure improvements. The expansion project was complete and fully operational by mid-December 2013. WildHorse will pay a payback demand fee until the payback demand fees received by the Gatherer plus any third party fees equal to 110% of the pipeline and infrastructure improvement costs. For each month from the commencement date through the month in which the payout date occurs, WildHorse will pay a payback demand fee equal to the monthly demand fee times $0.31 per MMBtu. In addition, for each MMBtu gathered in excess of the demand quantity, WildHorse will pay a payback demand fee of $0.31 per MMBtu. The monthly demand quantity is 56,750 MMBtu per day from the Dubberly start-up date through one full year thereafter and then increasing to 113,500 MMBtu per day until payout.
F-64
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Pursuant to the agreement, the Gatherer is obligated to process gas up to the maximum daily quantity of 158,000 MMBtu per day from the commencement date of the Dubach facility expansion through the start-up of the Dubberly pipeline. With the start-up of the Dubberly pipeline, the Gatherer is obligated to process gas up to the maximum daily quantity of 214,750 MMBtu per day through one full year thereafter. From and after the first anniversary of the Dubberly start-up date, the Gatherer is obligated to process gas up to the maximum daily quantity of 271,500 MMbtu per day. WildHorse is obligated to deliver all volumes of gas produced from the dedicated area to the Gatherer up to the maximum daily quantity.
Total allowable costs for the Dubach Plant expansion and the Dubberly pipeline (new Facility Costs) cannot exceed $129.0 million. WildHorse expects that total payments by WildHorse to the Gatherer for the new Facility Costs will not exceed 60% of the total payment amounts after contributions made by other owners. Payments made will reduce revenue associated with the production and are reflected in our reserve report.
WildHorses minimum commitments to the Gatherer, before other owner contributions, as of December 31, 2013 were as follows (in thousands):
Dubach | Dubberly | Total Facility Costs |
||||||||||
2014 |
$ | 12,925 | $ | 6,421 | $ | 19,346 | ||||||
2015 |
12,925 | 12,842 | 25,767 | |||||||||
2016 |
12,961 | 12,878 | 25,839 | |||||||||
2017 |
12,925 | 12,842 | 25,767 | |||||||||
2018 |
10,766 | 10,697 | 21,463 | |||||||||
|
|
|
|
|
|
|||||||
Total |
$ | 62,502 | $ | 55,680 | $ | 118,182 | ||||||
|
|
|
|
|
|
Subsequent event. The contract with the Gatherer for the Dubach processing plant was amended effective February 1, 2014 where the payback demand fee for the Dubach processing plant increased from $0.26 to $0.275 cents per MMbtu. Also, the contract with the Gatherer for the new high pressure pipeline was amended effective February 1, 2014 where the payback demand fee decreased from $0.31 to $0.275 cents per MMbtu.
WildHorses minimum commitments to the Gatherer, before other owner contributions, as of February 1, 2014 were as follows (in thousands):
Dubach | Dubberly | Total Facility Costs |
||||||||||
2014 |
$ | 12,510 | $ | 5,212 | $ | 17,722 | ||||||
2015 |
13,671 | 11,393 | 25,064 | |||||||||
2016 |
13,709 | 11,424 | 25,133 | |||||||||
2017 |
13,671 | 11,393 | 25,064 | |||||||||
2018 |
12,772 | 10,643 | 23,415 | |||||||||
|
|
|
|
|
|
|||||||
Total |
$ | 66,333 | $ | 50,065 | $ | 116,398 | ||||||
|
|
|
|
|
|
Operating Leases
We have leases for offshore Southern California pipeline right-of-way use and office space. We also incur surface rentals related to our business operations. For the years ended December 31, 2013 and 2012, we recognized $8.3 million and $5.0 million, respectively, of rent expense.
F-65
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Amounts shown in the following table represent minimum lease payment obligations under non-cancelable operating leases with a remaining term in excess of one year as of December 31, 2013:
Payment or Settlement due by Period | ||||||||||||||||||||||||||||
Lease Obligations |
Total | 2014 | 2015 | 2016 | 2017 | 2018 | Thereafter | |||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||||||
Operating leases |
20,325 | 2,389 | 2,546 | 2,583 | 2,718 | 2,783 | 7,306 |
Drilling & Compression Services
We have entered into drilling and compression services agreements with various terms. Amounts shown in the following table represent our minimum commitments as of December 31, 2013:
Payment or Settlement due by Period | ||||||||||||||||||||||||||||
Service Agreements |
Total | 2014 | 2015 | 2016 | 2017 | 2018 | Thereafter | |||||||||||||||||||||
(in thousands) | ||||||||||||||||||||||||||||
Drilling services |
20,323 | 20,323 | | | | | | |||||||||||||||||||||
Compression services |
7,090 | 7,079 | 11 | | | | |
WildHorse Letter of Credit and Certificate of Deposit
Standby letters of credit were issued to the Louisiana Office of Conservation and the Railroad Commission of Texas for the account of WildHorse for $1.2 million during 2011. The letters of credit are to insure compliance by WildHorse with regulatory requirements. These letters of credit are collateralized by two Certificates of Deposits; the fair value of the Certificates of Deposits was $0.5 million and $1.2 million at December 31, 2013 and 2012, respectively. The amount of the letter of credit and the Certificates of Deposit is adjusted depending on the requirements of the Office of Conservation. The Certificates of Deposit is classified as a restricted noncurrent asset and is not considered operating cash for the purposes of the statements of cash flows.
Note 15. Defined Contribution Plans
Memorial Resource sponsors a defined contribution plan for the benefit of substantially all employees who have attained 18 years of age. The plan allows eligible employees to make tax-deferred contributions up to 100% of their annual compensation, not to exceed annual limits established by the Internal Revenue Service. Memorial Resource makes matching contributions of 100% of employee contributions that does not exceed 6% of compensation. Employees are immediately vested in these matching contributions. The plan received employer contributions of approximately $0.9 million and $0.4 million in for the years ended December 31, 2013 and 2012, respectively.
Effective January 1, 2012, REO assumed sponsorship of a separate defined contribution plan. This plan specifically benefits substantially all those employed by the Memorial Resource subsidiary (Beta Operating) that operates and supports the Beta properties that have attained 21 years of age. Eligible employees are permitted to make tax-deferred contributions up to 100% of their annual compensation, not to exceed annual limits established by the Internal Revenue Service. Employer matching contributions of 100% of employee contributions that does not exceed 6% of compensation are made to the plan as well. The employer matching contributions associated with this plan were subject to a three-year graded vesting schedule through February 28, 2012. Effective March 1, 2012, the plan was amended to offer immediate vesting of employer matching contributions. The plan received employer contributions of approximately $0.6 million and $0.5 million in 2013
F-66
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
and 2012, respectively. Approximately $0.3 million associated with this plan are reflected as costs and expenses in the accompanying statements of operations for both the years ended December 31, 2013 and 2012, respectively.
WildHorse, Tanos, BlueStone, Classic and Black Diamond also sponsor defined contribution plans for the benefit their eligible employees. Matching employer contributions of approximately $0.5 million and $0.6 million were made to these other plans in 2013 and 2012, respectively.
Crown and Stanolind also made matching contributions to defined contribution plans for the benefit of their eligible employees. Matching employer contributions of approximately $0.1 million were made to these plans in both 2013 and 2012. Such contributions to these plans are included in general and administrative expenses in the accompanying combined statements of operations.
Note 16. Subsequent Events
In preparing the consolidated and combined financial statements, management has evaluated all subsequent events and transactions for potential recognition or disclosure through April 4, 2014, the date the consolidated and combined financial statements were available for issuance.
Common Control Acquisition
On April 1, 2014, MEMP acquired certain oil and natural gas producing properties in East Texas from WildHorse for a purchase price of $34.0 million, subject to customary purchase price adjustments. This transaction was financed with borrowings under MEMPs revolving credit facility. The acquired properties primarily represent additional working interests in wells currently owned by MEMP and located primarily in Polk and Tyler Counties in the Double A Field of East Texas, as well as the Sunflower, Segno and Sugar Creek Fields.
3rd Party Acquisition
On March 25, 2014, MEMP acquired certain oil and gas producing properties in the Eagle Ford trend from Alta Mesa Holdings, LP for a purchase price of $173 million, subject to customary purchase price adjustments. The acquired properties are located in Karnes County in the core of the Eagle Ford oil window. The properties are 100% non-operated. In addition, MEMP acquired a 30% interest in the sellers Eagle Ford leasehold. MEMP acquired all of the sellers working and net revenue interest in the producing wells subject to a net profits interest retained by the seller that reduces annually and terminates after three years. At the end of three years, MEMP will own all of the sellers interests in the currently producing wells.
NGPCIF NPI Acquisition
See Notes 1 and 12 for further information regarding WildHorses acquisition of NGPCIF NPI.
Recently Formed Subsidiaries
MRD Royalty LLC (MRD Royalty) and MRD Midstream LLC (MRD Midstream) were formed by Memorial Resource in 2014. MRD Royalty owns certain immaterial leasehold interests and overriding royalty interests in Texas and Montana. MRD Midstream owns an indirect interest in certain immaterial midstream assets in North Louisiana. Following the completion of the Offering, Memorial Resource will retain its ownership interest in MRD Royalty and MRD Midstream.
F-67
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Gas Processing Agreement
On March 17, 2014, WildHorse entered into a gas processing agreement with PennTex North Louisiana, LLC (PennTex). PennTex is a joint venture among certain affiliates of NGP in which MRD Midstream owns a noncontrolling interest. Once PennTexs processing plant becomes operational, it will process natural gas produced from wells located on certain leases owned by WildHorse in the state of Louisiana. The agreement has a 15-year primary term, subject to one year extensions at either partys election. WildHorse will pay PennTex a monthly fee, subject to an annual inflationary escalation, based on volumes of natural gas delivered and processed. Once the plant is declared operational, WildHorse will be obligated to pay a minimum processing fee equal to approximately $18.3 million on an annual basis, subject to certain adjustments and conditions. The gas processing agreement requires that the processing plant be operational no later than November 1, 2015.
Note 17. Supplemental Oil and Gas Information (Unaudited)
Capitalized Costs Relating to Oil and Natural Gas Producing Activities
The total amount of capitalized costs relating to oil and natural gas producing activities and the total amount of related accumulated depreciation, depletion and amortization is as follows at the dates indicated.
Years Ended December 31, | ||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
MRD Segment: |
||||||||
Evaluated oil and natural gas properties |
$ | 1,226,417 | $ | 1,052,219 | ||||
Unevaluated oil and natural gas properties |
46,413 | 26,589 | ||||||
Accumulated depletion, depreciation, and amortization |
(256,629 | ) | (202,581 | ) | ||||
|
|
|
|
|||||
Subtotal |
$ | 1,016,201 | $ | 876,227 | ||||
|
|
|
|
|||||
MEMP Segment: |
||||||||
Evaluated oil and natural gas properties(1) |
$ | 1,758,953 | $ | 1,545,402 | ||||
Unevaluated oil and natural gas properties |
| 5,004 | ||||||
Accumulated depletion, depreciation, and amortization(1) |
(416,617 | ) | (265,710 | ) | ||||
|
|
|
|
|||||
Subtotal |
$ | 1,342,336 | $ | 1,284,696 | ||||
|
|
|
|
|||||
Eliminations: |
||||||||
Accumulated depletion, depreciation, and amortization(1) |
$ | 49,884 | $ | | ||||
Consolidated: |
||||||||
Evaluated oil and natural gas properties(1) |
$ | 2,985,370 | $ | 2,597,621 | ||||
Unevaluated oil and natural gas properties |
46,413 | 31,593 | ||||||
Accumulated depletion, depreciation, and amortization(1) |
(623,362 | ) | (468,291 | ) | ||||
|
|
|
|
|||||
Total |
$ | 2,408,421 | $ | 2,160,923 | ||||
|
|
|
|
|||||
(1) Amounts do not include costs for SPBPC and related support equipment |
F-68
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Costs Incurred in Oil and Natural Gas Property Acquisition, Exploration and Development Activities
Costs incurred in property acquisition, exploration and development activities were as follows for the periods indicated:
Years Ended December 31, | ||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
MRD Segment: |
||||||||
Property acquisition costs, proved |
$ | 56,108 | $ | 87,857 | ||||
Property acquisition costs, unproved |
19,975 | 5,293 | ||||||
Exploration and extension well costs |
13,313 | 212 | ||||||
Development |
210,440 | 135,951 | ||||||
|
|
|
|
|||||
Subtotal |
$ | 299,836 | $ | 229,313 | ||||
|
|
|
|
|||||
MEMP Segment: |
||||||||
Property acquisition costs, proved |
$ | 37,786 | $ | 278,246 | ||||
Property acquisition costs, unproved |
| | ||||||
Exploration and extension well costs |
| 42,430 | ||||||
Development(1) |
145,830 | 62,472 | ||||||
|
|
|
|
|||||
Subtotal |
$ | 183,616 | $ | 383,148 | ||||
|
|
|
|
|||||
Consolidated: |
||||||||
Property acquisition costs, proved |
$ | 93,894 | $ | 366,103 | ||||
Property acquisition costs, unproved |
19,975 | 5,293 | ||||||
Exploration and extension well costs |
13,313 | 42,642 | ||||||
Development(1) |
356,270 | 198,423 | ||||||
|
|
|
|
|||||
Total |
$ | 483,452 | $ | 612,461 | ||||
|
|
|
|
|||||
(1) Amounts do not include costs for SPBPC and related support equipment |
Standardized Measure of Discounted Future Net Cash Flows from Proved Reserves
As required by the FASB and SEC, the standardized measure of discounted future net cash flows presented below is computed by applying first-day-of-the-month average prices, year-end costs and legislated tax rates and a discount factor of 10 percent to proved reserves. We do not believe the standardized measure provides a reliable estimate of the expected future cash flows to be obtained from the development and production of its oil and gas properties or of the value of its proved oil and gas reserves. The standardized measure is prepared on the basis of certain prescribed assumptions including first-day-of-the-month average prices, which represent discrete points in time, and therefore, may cause significant variability in cash flows from year to year as prices change.
Oil and Natural Gas Reserves
Users of this information should be aware that the process of estimating quantities of proved and proved developed oil and natural gas reserves is very complex, requiring significant subjective decisions in the evaluation of all available geological, engineering and economic data for each reservoir. The data for a given reservoir may also change substantially over time as a result of numerous factors including, but not limited to, additional development activity, evolving production history and continual reassessment of the viability of production under varying economic conditions. As a result, revisions to existing reserve estimates may occur from time to time. Although every reasonable effort is made to ensure reserve estimates reported represent the
F-69
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
most accurate assessments possible, the subjective decisions and variances in available data for various reservoirs make these estimates generally less precise than other estimates included in the financial statement disclosures.
Proved reserves are those quantities of oil and natural gas that by analysis of geoscience and engineering data can be estimated with reasonable certainty to be economically produciblefrom a given date forward, from known reservoirs, and under existing economic conditions, operating methods and government regulationsprior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. The project to extract the hydrocarbons must have commenced or the operator must be reasonably certain that it will commence the project within a reasonable time.
We engaged NSAI to prepare reserves estimates for all of our estimated proved reserves (by volume) at December 31, 2013. All proved reserves are located in the United States and all prices are held constant in accordance with SEC rules.
The weighted-average benchmark product prices used for valuing the reserves are based upon the average of the first-day-of-the-month price for each month within the period January through December of each year presented:
2013 | 2012 | |||||||
Oil ($/Bbl): |
||||||||
Spot(1) |
$ | 93.42 | $ | 91.33 | ||||
NGL ($/Bbl): |
||||||||
Spot(1) |
$ | 93.42 | $ | 91.75 | ||||
Natural Gas ($/MMbtu): |
||||||||
Spot(2) |
$ | 3.67 | $ | 2.75 |
(1) | The unweighted average West Texas Intermediate spot price was adjusted by lease for quality, transportation fees, and a regional price differential. |
(2) | The unweighted average Henry Hub spot price was adjusted by lease for energy content, compression charges, transportation fees, and regional price differentials. |
F-70
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
MRD Segment
The following tables set forth estimates of the net reserves as of December 31, 2013 and 2012, respectively:
Year Ended December 31, 2013 | ||||||||||||||||
Oil (MBbls) |
Gas (MMcf) |
NGLs (MBbls) |
Equivalent (MMcfe) |
|||||||||||||
Proved developed and undeveloped reserves: |
||||||||||||||||
Beginning of year |
11,953 | 739,378 | 41,466 | 1,059,895 | ||||||||||||
Extensions and discoveries |
1,794 | 149,974 | 8,319 | 210,652 | ||||||||||||
Purchase of minerals in place |
211 | 31,815 | 1,017 | 39,183 | ||||||||||||
Production |
(665 | ) | (34,092 | ) | (1,457 | ) | (46,819 | ) | ||||||||
Sales of minerals in place |
(599 | ) | (14,137 | ) | (1,573 | ) | (27,169 | ) | ||||||||
Revision of previous estimates |
(1,383 | ) | (70,684 | ) | (5,196 | ) | (110,165 | ) | ||||||||
|
|
|
|
|
|
|
|
|||||||||
End of year(1) |
11,311 | 802,254 | 42,576 | 1,125,577 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Proved developed reserves: |
||||||||||||||||
Beginning of year |
3,082 | 245,449 | 12,321 | 337,869 | ||||||||||||
End of year |
3,402 | 263,797 | 13,904 | 367,641 | ||||||||||||
Proved undeveloped reserves: |
||||||||||||||||
Beginning of year |
8,871 | 493,929 | 29,145 | 722,026 | ||||||||||||
End of year |
7,909 | 538,457 | 28,672 | 757,936 |
(1) | Includes reserves of 41,077 MMcfe attributable to noncontrolling interests and the MRD Segment previous owners. |
Year Ended December 31, 2012 | ||||||||||||||||
Oil (MBbls) |
Gas (MMcf) |
NGLs (MBbls) |
Equivalent (MMcfe) |
|||||||||||||
Proved developed and undeveloped reserves: |
||||||||||||||||
Beginning of year |
10,834 | 929,335 | 53,031 | 1,312,533 | ||||||||||||
Extensions and discoveries |
689 | 42,019 | 2,778 | 62,819 | ||||||||||||
Purchase of minerals in place |
1,100 | 28,115 | 1,879 | 45,987 | ||||||||||||
Production |
(369 | ) | (24,131 | ) | (898 | ) | (31,731 | ) | ||||||||
Sales of minerals in place |
(4 | ) | (728 | ) | | (752 | ) | |||||||||
Revision of previous estimates |
(297 | ) | (235,232 | ) | (15,324 | ) | (328,961 | ) | ||||||||
|
|
|
|
|
|
|
|
|||||||||
End of year(1) |
11,953 | 739,378 | 41,466 | 1,059,895 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Proved developed reserves: |
||||||||||||||||
Beginning of year |
2,107 | 191,557 | 7,644 | 250,073 | ||||||||||||
End of year |
3,082 | 245,449 | 12,321 | 337,869 | ||||||||||||
Proved undeveloped reserves: |
||||||||||||||||
Beginning of year |
8,727 | 737,778 | 45,387 | 1,062,460 | ||||||||||||
End of year |
8,871 | 493,929 | 29,145 | 722,026 |
(1) | Includes reserves of 67,135 MMcfe attributable to noncontrolling interests and the MRD Segment previous owners. |
F-71
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Noteworthy amounts included in the categories of proved reserve changes for the years ended December 31, 2013 and 2012 in the above tables include:
| 148.6 Bcfe of the increase in reserves for the year end December 31, 2013, through the category extensions and discoveries, was due to the WildHorses horizontal redevelopment drilling program in the Terryville Complex in Lincoln Parish, Louisiana. |
| WildHorse acquired 43.5 Bcfe in multiple acquisitions during the year ended December 31, 2012, the largest being the Undisclosed Seller Acquisition. Downward revisions of previous estimates for estimated natural gas proved reserves was primarily the result of a decrease in natural gas prices. |
See Note 3 for additional information on acquisitions and divestitures.
A variety of methodologies are used to determine our proved reserve estimates. The principal methodologies employed are reservoir simulation, decline curve analysis, volumetric, material balance, advance production type curve matching, petro-physics/log analysis and analogy. Some combination of these methods is used to determine reserve estimates in substantially all of our fields.
The standardized measure of discounted future net cash flows is as follows:
Years Ended December 31, | ||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
Future cash inflows |
$ | 5,722,848 | $ | 4,921,192 | ||||
Future production costs |
(1,587,374 | ) | (1,255,289 | ) | ||||
Future development costs |
(1,352,945 | ) | (1,060,777 | ) | ||||
|
|
|
|
|||||
Future net cash flows for estimated timing of cash flows(1) |
2,782,529 | 2,605,126 | ||||||
10% annual discount for estimated timing of cash flows |
(1,313,577 | ) | (1,284,531 | ) | ||||
|
|
|
|
|||||
Standardized measure of discounted future net cash flows(2) |
$ | 1,468,952 | $ | 1,320,595 | ||||
|
|
|
|
(1) | We are subject to the Texas Franchise tax which has a maximum effective rate of 0.7% of gross income apportioned to Texas to immateriality we have excluded the impact of this tax. However, had we not been a tax exempt entity future income tax for the years ended December 31, 2013 and 2012 would have been $760,433 and $647,464, respectively. |
(2) | Includes $63,422 and $78,518 attributable to both noncontrolling interests and the MRD Segment previous owners for the years ended December 31, 2013 and 2012, respectively. |
F-72
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves
The following is a summary of the changes in the standardized measure of discounted future net cash flows for the proved oil and natural gas reserves during each of the years in the two year period ended December 31, 2013:
Years Ended December 31, | ||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
Beginning of year |
$ | 1,320,595 | $ | 1,386,071 | ||||
Sale of oil and natural gas produced, net of production costs |
(196,444 | ) | (107,316 | ) | ||||
Purchase of minerals in place |
51,177 | 98,384 | ||||||
Sale of minerals in place |
(54,091 | ) | | |||||
Extensions and discoveries |
301,004 | 127,994 | ||||||
Changes in prices and costs |
(11,336 | ) | (402,202 | ) | ||||
Previously estimated development costs incurred |
87,297 | 64,390 | ||||||
Net changes in future development costs |
57,353 | (67,331 | ) | |||||
Revisions of previous quantities |
(186,804 | ) | (176,788 | ) | ||||
Accretion of discount |
128,544 | 138,607 | ||||||
Change in production rates and other |
(28,343 | ) | 258,786 | |||||
|
|
|
|
|||||
End of year |
$ | 1,468,952 | $ | 1,320,595 | ||||
|
|
|
|
MEMP Segment
The following tables set forth estimates of the net reserves as of December 31, 2013 and 2012, respectively:
Year Ended December 31, 2013 | ||||||||||||||||
Oil (MBbls) |
Gas (MMcf) |
NGLs (MBbls) |
Equivalent (MMcfe) |
|||||||||||||
Proved developed and undeveloped reserves: |
||||||||||||||||
Beginning of year |
39,089 | 604,440 | 29,352 | 1,015,095 | ||||||||||||
Extensions and discoveries |
5,655 | 40,770 | 1,747 | 85,180 | ||||||||||||
Purchase of minerals in place |
119 | 16,294 | 258 | 18,554 | ||||||||||||
Production |
(1,764 | ) | (35,924 | ) | (1,632 | ) | (56,303 | ) | ||||||||
Sales of minerals in place |
| | | | ||||||||||||
Revision of previous estimates |
(3,950 | ) | (18,441 | ) | (879 | ) | (47,421 | ) | ||||||||
|
|
|
|
|
|
|
|
|||||||||
End of year(1) |
39,149 | 607,139 | 28,846 | 1,015,105 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Proved developed reserves: |
||||||||||||||||
Beginning of year |
24,515 | 376,932 | 15,947 | 619,704 | ||||||||||||
End of year |
22,265 | 387,548 | 15,959 | 616,893 | ||||||||||||
Proved undeveloped reserves: |
||||||||||||||||
Beginning of year |
14,574 | 227,508 | 13,405 | 395,391 | ||||||||||||
End of year |
16,884 | 219,591 | 12,887 | 398,212 |
(1) | MRD Segments share of these reserves is 89,837 MMcfe. |
F-73
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Year Ended December 31, 2012 | ||||||||||||||||
Oil (MBbls) |
Gas (MMcf) |
NGLs (MBbls) |
Equivalent (MMcfe) |
|||||||||||||
Proved developed and undeveloped reserves: |
||||||||||||||||
Beginning of year |
27,150 | 579,751 | 15,045 | 832,913 | ||||||||||||
Extensions and discoveries |
7,501 | 19,869 | 1,053 | 71,192 | ||||||||||||
Purchase of minerals in place |
11,336 | 113,617 | 7,095 | 224,202 | ||||||||||||
Production |
(1,519 | ) | (29,744 | ) | (745 | ) | (43,329 | ) | ||||||||
Sales of minerals in place |
(4,214 | ) | (4,214 | ) | | (29,499 | ) | |||||||||
Revision of previous estimates |
(1,165 | ) | (74,839 | ) | 6,904 | (40,384 | ) | |||||||||
|
|
|
|
|
|
|
|
|||||||||
End of year(1)(2) |
39,089 | 604,440 | 29,352 | 1,015,095 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Proved developed reserves: |
||||||||||||||||
Beginning of year |
19,332 | 413,431 | 10,015 | 589,504 | ||||||||||||
End of year |
24,515 | 376,932 | 15,947 | 619,704 | ||||||||||||
Proved undeveloped reserves: |
||||||||||||||||
Beginning of year |
7,818 | 166,320 | 5,030 | 243,409 | ||||||||||||
End of year |
14,574 | 227,508 | 13,405 | 395,391 |
(1) | Includes reserves of 406,324 MMcfe attributable to common control acquisitions. |
(2) | MRD Segments share of these reserves is 476,550 MMcfe. |
Noteworthy amounts included in the categories of proved reserve changes for the years 2013 and 2012 in the above tables include:
| MEMP acquired 224.2 Bcfe in multiple acquisitions during the year ended December 31, 2012, the largest being the Goodrich Acquisition of 148.9 Bcfe. Stanolind acquired 43.6 Bcfe through multiple acquisitions, the largest being the Menemsha Acquisition of 23.9 Bcfe. During the year ended December 31, 2012, Propel divested 19.0 Bcfe of offshore Louisiana oil and gas properties to an NGP controlled entity. |
See Note 3 for additional information on acquisitions and divestitures.
A variety of methodologies are used to determine our proved reserve estimates. The principal methodologies employed are reservoir simulation, decline curve analysis, volumetric, material balance, advance production type curve matching, petro-physics/log analysis and analogy. Some combination of these methods is used to determine reserve estimates in substantially all of our fields.
The standardized measure of discounted future net cash flows is as follows:
Years Ended December 31, | ||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
Future cash inflows |
$ | 6,892,150 | $ | 6,511,776 | ||||
Future production costs |
(2,719,024 | ) | (2,258,554 | ) | ||||
Future development costs |
(685,858 | ) | (620,944 | ) | ||||
|
|
|
|
|||||
Future net cash flows for estimated timing of cash flows(1) |
3,487,268 | 3,632,278 | ||||||
10% annual discount for estimated timing of cash flows |
(1,879,156 | ) | (2,042,362 | ) | ||||
|
|
|
|
|||||
Standardized measure of discounted future net cash flows(2)(3) |
$ | 1,608,112 | $ | 1,589,916 | ||||
|
|
|
|
(1) | MEMP is subject to the Texas Franchise tax which has a maximum effective rate of 0.7% of gross income apportioned to Texas. Due to immateriality we have excluded the impact of this tax. MEMP is organized as a pass-through entity for income tax purposes. Had we not been a tax exempt entity our share of future income tax related to our ownership of MEMP for the years ended December 31, 2013 and 2012 would have been $61,300 and $306,297, respectively. |
F-74
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
(2) | Includes $503,021 attributable to the MEMP previous owners for the year ended December 31, 2012. |
(3) | MRD Segments share of the standardized measure of discounted future net cash flows was $142,318 and $554,981 for the years ended December 31, 2013 and 2012, respectively. |
Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves
The following is a summary of the changes in the standardized measure of discounted future net cash flows for the proved oil and natural gas reserves during each of the years in the two year period ended December 31, 2013:
Years Ended December 31, | ||||||||
2013 | 2012 | |||||||
(in thousands) | ||||||||
Beginning of year |
$ | 1,589,916 | $ | 1,499,414 | ||||
Sale of oil and natural gas produced, net of production costs |
(234,520 | ) | (160,023 | ) | ||||
Purchase of minerals in place |
23,160 | 375,953 | ||||||
Sale of minerals in place |
| (154,963 | ) | |||||
Extensions and discoveries |
136,423 | 265,108 | ||||||
Changes in income taxes, net. |
| 1,947 | ||||||
Changes in prices and costs |
(74,395 | ) | (331,760 | ) | ||||
Previously estimated development costs incurred |
174,490 | 66,360 | ||||||
Net changes in future development costs |
(74,867 | ) | (1,140 | ) | ||||
Revisions of previous quantities |
(141,122 | ) | (90,587 | ) | ||||
Accretion of discount |
158,991 | 150,136 | ||||||
Change in production rates and other |
50,036 | (30,529 | ) | |||||
|
|
|
|
|||||
End of year |
$ | 1,608,112 | $ | 1,589,916 | ||||
|
|
|
|
F-75
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
SCHEDULE 1CONDENSED FINANCIAL INFORMATION
December 31, | ||||||||
2013 | 2012 | |||||||
ASSETS |
||||||||
Current assets: |
||||||||
Cash and cash equivalents |
$ | 19,293 | $ | 8,019 | ||||
Restricted cash |
35,000 | | ||||||
Accounts receivable: |
||||||||
Affiliates |
90,917 | 84,347 | ||||||
Other |
| 3 | ||||||
Prepaid expenses and other current assets |
2,802 | 707 | ||||||
|
|
|
|
|||||
Total current assets |
148,012 | 93,076 | ||||||
Property and equipment, at cost: |
||||||||
Furniture and fixtures |
1,679 | 1,217 | ||||||
Accumulated depreciation, depletion and impairment |
(547 | ) | (199 | ) | ||||
|
|
|
|
|||||
Oil and natural gas properties, net |
1,132 | 1,018 | ||||||
Long-term derivative instruments |
||||||||
Investments in subsidiaries |
411,657 | 797,868 | ||||||
Investments in previous owners |
40,331 | 233,433 | ||||||
Restricted cash |
15,000 | | ||||||
Other long-term assets |
6,596 | 259 | ||||||
|
|
|
|
|||||
Total assets |
$ | 622,728 | $ | 1,125,654 | ||||
|
|
|
|
|||||
LIABILITIES AND EQUITY |
||||||||
Current liabilities: |
||||||||
Accounts payable |
$ | 130 | $ | 161 | ||||
Accrued liabilities |
1,896 | 225 | ||||||
|
|
|
|
|||||
Total current liabilities |
2,026 | 386 | ||||||
Long-term debt |
343,050 | 80,000 | ||||||
Other long-term liabilities |
135 | 221 | ||||||
|
|
|
|
|||||
Total liabilities |
345,211 | 80,607 | ||||||
Commitments and contingencies |
||||||||
Equity: |
||||||||
Members |
237,186 | 811,614 | ||||||
Previous Owners |
40,331 | 233,433 | ||||||
|
|
|
|
|||||
Total liabilities and members equity |
$ | 622,728 | $ | 1,125,654 | ||||
|
|
|
|
F-76
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
SCHEDULE 1CONDENSED FINANCIAL INFORMATION
Condensed statements of income
For Year Ended December 31, |
||||||||
2013 | 2012 | |||||||
Costs and expenses: |
||||||||
Depreciation, depletion, and amortization |
348 | 195 | ||||||
General and administrative |
20,111 | 10,176 | ||||||
(Gain) loss on commodity derivative instruments |
546 | | ||||||
|
|
|
|
|||||
Total costs and expenses |
21,005 | 10,371 | ||||||
|
|
|
|
|||||
Operating income |
(21,005 | ) | (10,371 | ) | ||||
Other income (expense): |
||||||||
Equity income (loss) from subsidiaries |
114,974 | 2,970 | ||||||
Equity income (loss) from previous owners |
10,790 | 37,318 | ||||||
Interest expense, net |
(3,257 | ) | (219 | ) | ||||
|
|
|
|
|||||
Total other income (expense) |
122,507 | 40,069 | ||||||
|
|
|
|
|||||
Net income (loss) |
$ | 101,502 | $ | 29,698 | ||||
|
|
|
|
Condensed statements of cash flows
For Year Ended December 31, |
||||||||
2013 | 2012 | |||||||
Net cash provided by (used in) operating activities |
$ | (3,556 | ) | $ | (75,088 | ) | ||
|
|
|
|
|||||
Cash flows from investing activities: |
||||||||
Investments in subsidiaries |
(40,666 | ) | (718 | ) | ||||
Additions to furniture and fixtures |
(461 | ) | (903 | ) | ||||
Proceeds from changes in ownership interests in MEMP |
135,012 | | ||||||
Changes in restricted cash |
(50,000 | ) | | |||||
|
|
|
|
|||||
Net cash (used in) provided by investing activities |
43,885 | (1,621 | ) | |||||
|
|
|
|
|||||
Cash flows from financing activities: |
||||||||
Advances on revolving credit facility |
| 80,000 | ||||||
Payments on revolving credit facility |
(80,000 | ) | | |||||
Proceeds from issuance of senior notes |
343,000 | | ||||||
Distributions received from subsidiaries (see Note 3) |
448,349 | | ||||||
Loan origination fees |
(8,042 | ) | (802 | ) | ||||
Distributions to the Funds |
(732,362 | ) | | |||||
|
|
|
|
|||||
Net cash (used in) provided by financing activities |
(29,055 | ) | 79,198 | |||||
|
|
|
|
|||||
Net change in cash and cash equivalents |
11,274 | 2,489 | ||||||
Cash and cash equivalents, beginning of year |
8,019 | 5,530 | ||||||
|
|
|
|
|||||
Cash and cash equivalents, end of year |
$ | 19,293 | $ | 8,019 | ||||
|
|
|
|
F-77
MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONDENSED FINANCIAL INFORMATION
Note 1. Basis of Presentation
Memorial Resource Development LLC (Memorial Resource) is a Delaware limited liability company (the Company) formed on April 27, 2011 to own, acquire, exploit and develop oil and natural gas properties. Unless the context requires otherwise, references to we, us, our, or the Company are intended to mean the business and operations of Memorial Resource Development LLC and its consolidated subsidiaries. There are significant restrictions over the ability of Memorial Resource to obtain funds from certain of its consolidating subsidiaries through dividends, loans or advances. Accordingly, these condensed financial statements have been presented on a parent-only basis. Under a parent-only presentation, the investments of Memorial Resource in its consolidated subsidiaries are presented under the equity method of accounting. These parent-only financial statements should be read in conjunction with the consolidated financial statements of MRD LLC included elsewhere herein. These condensed financial statements have been prepared in anticipation of a proposed initial public offering of the common stock of Memorial Resource Development Corp. (MRDC).
Note 2. Long-Term Debt
Our debt obligations under revolving credit facilities consisted of the following at December 31:
2013 | 2012 | |||||||
(in thousands) | ||||||||
Memorial Resource $1.0 billion revolving credit facility, variable-rate, terminated December 2013 |
$ | | $ | 80,000 | ||||
10.00%/10.75% senior PIK toggle notes due December 2018 |
350,000 | | ||||||
10.00%/10.75% senior PIK toggle notes unamortized discounts |
(6,950 | ) | | |||||
|
|
|
|
|||||
Total long-term debt |
$ | 343,050 | $ | 80,000 | ||||
|
|
|
|
On July 13, 2012, Memorial Resource entered into a two-year $50.0 million senior secured revolving credit with an initial borrowing base of $35.0 million. Memorial Resource pledged 7,061,294 of Memorial Production Partners LP (MEMP) common units and 5,360,912 of MEMP subordinated units as security under the credit facility as well as its oil and gas properties and certain other assets of Memorial Resource. This credit facility was also guaranteed by certain of Memorial Resources wholly-owned subsidiaries.
On November 20, 2012, Memorial Resource entered into a first amendment to its credit agreement, which among other things: (i) increased the aggregate maximum credit to $1.0 billion (ii) increased the borrowing base to $120.0 million and (iii) extended the maturity date to November 20, 2016. On April 25, 2013, Memorial Resource entered into a second amendment to its credit agreement, which among other things: (i) increased the borrowing base to $170.0 million and (ii) designated Tanos together with its consolidating subsidiaries as additional guarantors. On October 1, 2013, Tanos Energy, LLC (Tanos) and its consolidating subsidiaries were removed as guarantors and the borrowing base was reduced to $120.0 million .. On November 1, 2013, Memorial Resource entered into a third amendment to its credit agreement, which among other things: (i) designated Black Diamond Minerals, LLC (Black Diamond) together with its consolidating subsidiaries as additional guarantors, (ii) reduced the borrowing base to $100.0 million, and (iii) permitted second lien indebtedness. On November 22, 2013, the borrowing base was automatically reduced to $60.0 million upon Memorial Resources sale of 7,061,294 MEMP common units in a secondary offering.
On December 18, 2013, indebtedness then outstanding under the revolving credit facility of $59.7 million and all accrued interest was paid off in full and the revolving credit facility was terminated in connection with the issuance of senior notes discussed below.
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MEMORIAL RESOURCE DEVELOPMENT LLC (PREDECESSOR)
NOTES TO CONDENSED FINANCIAL INFORMATION
On December 18, 2013, Memorial Resource and its wholly-owned subsidiary, Memorial Resource Finance Corp. (MRD Finance Corp. and collectively, the MRD Issuers), completed a private placement of $350.0 million in aggregate principal amount of 10.00% / 10.75% Senior PIK Toggle Notes due 2018 (the PIK notes). The PIK notes were issued at 98% of par and will mature on December 15, 2018. Net proceeds from the private offering were used: (i) to repay all indebtedness then outstanding under Memorial Resources revolving credit facility, (ii) to establish a cash reserve of $50.0 million for the payment of interest on the PIK notes, (iii) to pay a $220.0 million distribution to the Funds, and (iv) for general company purposes.
Interest on the PIK notes will be payable semi-annually in arrears on June 15 and December 15 of each year, commencing on June 15, 2014. Subject to conditions in the indenture governing the PIK notes, Memorial Resource will be required to pay interest on the PIK notes in cash or through issuing additional notes (such an issuance, PIK Interest). The interest rate on the PIK notes is 10.00% per annum for interest paid in cash or 10.75% per annum for PIK Interest. PIK Interest will be paid by issuing additional notes having the same terms as the PIK notes. The PIK notes are subject to optional redemption at prices specified in the indenture plus accrued and unpaid interest, if any. The MRD Issuers may also be required to repurchase the PIK notes upon a change of control.
At the time the PIK notes were issued, all of Memorial Resources subsidiaries other than MEMP and BlueStone Holdings (and their respective subsidiaries) were designated as restricted subsidiaries. The indenture governing the PIK notes contains customary covenants and restrictive provisions that apply to both Memorial Resource and its restricted subsidiaries, many of which will terminate if at any time no default exists under the indenture and the PIK notes receive an investment grade rating from both of two specified ratings agencies. The PIK notes are fully and unconditionally guaranteed on a senior unsecured basis by all of Memorial Resources restricted subsidiaries, except MEMP GP and WildHorse.
The indenture also provides for customary and other events of default. In the case of an event of default arising from certain events of bankruptcy or insolvency, all outstanding PIK notes will become due and payable immediately without further action or notice. If any other event of default occurs and is continuing, the trustee or the holders of at least 25% in principal amount of the then outstanding PIK notes may declare all the PIK notes to be due and payable immediately.
Note 3. Distribution from subsidiaries
The table below shows the distributions received from our subsidiaries classified as inflows from operating activities for the periods indicated since they are represent return on investment:
For Year Ended December 31, | ||||||||
2013 | 2012 | |||||||
Distributions received from subsidiaries |
$ | 25,966 | $ | 19,228 |
Distributions received from our subsidiaries that represent return of investment are classified as inflows from investing activities.
F-79
Appendix A
GLOSSARY OF OIL AND NATURAL GAS TERMS
The terms defined in this section are used throughout this prospectus:
Analogous Reservoir: Analogous reservoirs, as used in resource assessments, have similar rock and fluid properties, reservoir conditions (depth, temperature, and pressure) and drive mechanisms, but are typically at a more advanced stage of development than the reservoir of interest and thus may provide concepts to assist in the interpretation of more limited data and estimation of recovery. When used to support proved reserves, analogous reservoir refers to a reservoir that shares all of the following characteristics with the reservoir of interest: (i) the same geological formation (but not necessarily in pressure communication with the reservoir of interest); (ii) the same environment of deposition; (iii) similar geologic structure; and (iv) the same drive mechanism.
Basin: A large depression on the earths surface in which sediments accumulate.
Bbl: One stock tank barrel, or 42 U.S. gallons liquid volume, used in reference to oil or other liquid hydrocarbons.
Bcf: One billion cubic feet of natural gas.
Bcfe: One billion cubic feet of natural gas equivalent.
Boe: One barrel of oil equivalent, calculated by converting natural gas to oil equivalent barrels at a ratio of six Mcf of natural gas to one Bbl of oil.
Btu: One British thermal unit, the quantity of heat required to raise the temperature of a one-pound mass of water by one degree Fahrenheit.
Developed Acreage: The number of acres which are allocated or assignable to producing wells or wells capable of production.
Development Well: A well drilled within the proved area of an oil or natural gas reservoir to the depth of a stratigraphic horizon known to be productive.
Differential: An adjustment to the price of oil or natural gas from an established spot market price to reflect differences in the quality and/or location of oil or natural gas.
Economically Producible: The term economically producible, as it relates to a resource, means a resource which generates revenue that exceeds, or is reasonably expected to exceed, the costs of the operation. For this determination, the value of the products that generate revenue are determined at the terminal point of oil and natural gas producing activities.
Estimated Ultimate Recovery (EUR): Estimated ultimate recovery is the sum of reserves remaining as of a given date and cumulative production as of that date.
Exploitation: A development or other project which may target proven or unproven reserves (such as probable or possible reserves), but which generally has a lower risk than that associated with exploration projects.
Exploratory Well: A well drilled to find and produce oil and natural gas reserves not classified as proved, to find a new reservoir in a field previously found to be productive of oil or natural gas in another reservoir or to extend a known reservoir.
A-1
Field: An area consisting of a single reservoir or multiple reservoirs, all grouped on or related to the same individual geological structural feature and/or stratigraphic condition. The field name refers to the surface area, although it may refer to both the surface and the underground productive formations.
Gross Acres or Gross Wells: The total acres or wells, as the case may be, in which we have working interest.
ICE: Inter-Continental Exchange.
MBtu/d: One thousand Btu per day.
Mcf: One thousand cubic feet of natural gas.
MMBtu: One million British thermal units.
MMcf: One million cubic feet of natural gas.
MMcfe: One million cubic feet of natural gas equivalent.
Net Acres or Net Wells: Gross acres or wells, as the case may be, multiplied by our working interest ownership percentage.
Net Production: Production that is owned by us less royalties and production due others.
Net Revenue Interest: A working interest owners gross working interest in production less the royalty, overriding royalty, production payment and net profits interests.
NGLs: The combination of ethane, propane, butane and natural gasolines that when removed from natural gas become liquid under various levels of higher pressure and lower temperature.
NYMEX: New York Mercantile Exchange.
Oil: Oil and condensate.
Operator: The individual or company responsible for the exploration and/or production of an oil or natural gas well or lease.
Play: A geographic area with hydrocarbon potential.
Possible Reserves: Reserves that are less certain to be recovered than probable reserves.
Probable Reserves: Reserves that are less certain to be recovered than proved reserves but that, together with proved reserves, are as likely as not to be recovered.
Productive Well: A well that produces commercial quantities of hydrocarbons, exclusive of its capacity to produce at a reasonable rate of return.
Proved Developed Reserves: Proved reserves that can be expected to be recovered from existing wells with existing equipment and operating methods.
Proved Reserves: Those quantities of oil and natural gas, which, by analysis of geoscience and engineering data, can be estimated with reasonable certainty to be economically producible, from a given date forward, from known reservoirs, and under existing economic conditions, operating methods, and government regulations, prior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. The project to extract the hydrocarbons must have commenced, or the operator must be reasonably certain that it will commence the project, within a reasonable time. The area of the reservoir considered as proved
A-2
includes (i) the area identified by drilling and limited by fluid contacts, if any, and (ii) adjacent undrilled portions of the reservoir that can, with reasonable certainty, be judged to be continuous with it and to contain economically producible oil or natural gas on the basis of available geoscience and engineering data. In the absence of data on fluid contacts, proved quantities in a reservoir are limited by the lowest known hydrocarbons, as seen in a well penetration, unless geoscience, engineering or performance data and reliable technology establishes a lower contact with reasonable certainty. Where direct observation from well penetrations has defined a highest known oil elevation and the potential exists for an associated natural gas cap, proved oil reserves may be assigned in the structurally higher portions of the reservoir only if geoscience, engineering, or performance data and reliable technology establish the higher contact with reasonable certainty. Reserves which can be produced economically through application of improved recovery techniques (including fluid injection) are included in the proved classification when (i) successful testing by a pilot project in an area of the reservoir with properties no more favorable than in the reservoir as a whole, the operation of an installed program in the reservoir, or an analogous reservoir or other evidence using reliable technology establishes the reasonable certainty of the engineering analysis on which the project or program was based; and (ii) the project has been approved for development by all necessary parties and entities, including governmental entities. Existing economic conditions include prices and costs at which economic producibility from a reservoir is to be determined. The price used is the average price during the twelve-month period prior to the ending date of the period covered by the report, determined as an unweighted arithmetic average of the first-day-of-the-month price for each month within such period, unless prices are defined by contractual arrangements, excluding escalations based upon future conditions.
PUDs: Proved Undeveloped Reserves.
Proved Undeveloped Reserves: Proved oil and natural gas reserves that are expected to be recovered from new wells on undrilled acreage or from existing wells where a relatively major expenditure is required for recompletion. Reserves on undrilled acreage are limited to those drilling units offsetting productive units that are reasonably certain of production when drilled. Proved reserves for other undrilled units can be claimed only where it can be demonstrated with certainty that there is continuity of production from the existing productive formation. Under no circumstances should estimates for proved undeveloped reserves be attributable to any acreage for which an application of fluid injection or other improved recovery technique is contemplated, unless such techniques have been proved effective by actual tests in the area and in the same reservoir.
Realized Price: The cash market price less all expected quality, transportation and demand adjustments.
Recompletion: The completion for production of an existing wellbore in another formation from that which the well has been previously completed.
Reliable Technology: Reliable technology is a grouping of one or more technologies (including computational methods) that has been field tested and has been demonstrated to provide reasonably certain results with consistency and repeatability in the formation being evaluated or in an analogous formation.
Reserve Life: A measure of the productive life of an oil and natural gas property or a group of properties, expressed in years. Reserve life is calculated by dividing proved reserve volumes at year-end by production volumes. In our calculation of reserve life, production volumes are adjusted, if necessary, to reflect property acquisitions and dispositions.
Reserves: Reserves are estimated remaining quantities of oil and natural gas and related substances anticipated to be economically producible, as of a given date, by application of development projects to known accumulations. In addition, there must exist, or there must be a reasonable expectation that there will exist, the legal right to produce or a revenue interest in the production, installed means of delivering oil and natural gas or related substances to market and all permits and financing required to implement the project. Reserves should not be assigned to adjacent reservoirs isolated by major, potentially sealing, faults until those reservoirs are
A-3
penetrated and evaluated as economically producible. Reserves should not be assigned to areas that are clearly separated from a known accumulation by a non-productive reservoir (i.e., absence of reservoir, structurally low reservoir or negative test results). Such areas may contain prospective resources (i.e., potentially recoverable resources from undiscovered accumulations).
Reservoir: A porous and permeable underground formation containing a natural accumulation of producible oil and/or natural gas that is confined by impermeable rock or water barriers and is individual and separate from other reserves.
Resources: Resources are quantities of oil and natural gas estimated to exist in naturally occurring accumulations. A portion of the resources may be estimated to be recoverable and another portion may be considered unrecoverable. Resources include both discovered and undiscovered accumulations.
Spacing: The distance between wells producing from the same reservoir. Spacing is often expressed in terms of acres (e.g., 40-acre spacing) and is often established by regulatory agencies.
Undeveloped Acreage: Lease acreage on which wells have not been drilled or completed to a point that would permit the production of commercial quantities of oil and natural gas regardless of whether such acreage contains proved reserves.
Wellbore: The hole drilled by the bit that is equipped for oil or natural gas production on a completed well. Also called well or borehole.
Working Interest: An interest in an oil and natural gas lease that gives the owner of the interest the right to drill for and produce oil and natural gas on the leased acreage and requires the owner to pay a share of the costs of drilling and production operations.
WTI: West Texas Intermediate.
A-4
|
CHAIRMAN & CEO C.H. (SCOTT) REES III PRESIDENT & COO DANNY D. SIMMONS EXECUTIVE VP G. LANCE BINDER |
EXECUTIVE COMMITTEE P. SCOTT FROST DALLAS J. CARTER HENSON, JR. HOUSTON DAN PAUL SMITH DALLAS JOSEPH J. SPELLMAN DALLAS THOMAS J. TELLA II DALLAS |
April 3, 2014
Mr. John A. Weinzierl
Memorial Resource Development LLC
1301 McKinney Street, Suite 2100
Houston, Texas 77010
Dear Mr. Weinzierl:
In accordance with your request, we have estimated the proved reserves and future revenue, as of December 31, 2013, to the Memorial Resource Development LLC (MRD) interest in certain oil and gas properties located in Colorado, Louisiana, Oklahoma, Texas, and Wyoming. Memorial Resource Development LLC owns its interest in these properties through its subsidiaries Black Diamond Minerals, LLC; Classic Hydrocarbons, Inc. (Classic IV); and WildHorse Resources, LLC (WHR). The WHR portion of the MRD interest shown herein comprises the WHR interest owned by MRD as of December 31, 2013, and the NGP Income Co-Investment Opportunities Fund II, LP interest managed by WHR. We completed our evaluation on or about the date of this letter. It is our understanding that the proved reserves estimated in this report constitute all of the proved reserves owned by MRD (other than those attributable to BlueStone Natural Resources Holdings, LLC; Memorial Production Partners LP; and their respective subsidiaries). The estimates in this report have been prepared in accordance with the definitions and regulations of the U.S. Securities and Exchange Commission (SEC) and, with the exception of the exclusion of future income taxes, conform to the FASB Accounting Standards Codification Topic 932, Extractive ActivitiesOil and Gas. Definitions are presented immediately following this letter. This report has been prepared for Memorial Resource Development LLCs use in filing with the SEC; in our opinion the assumptions, data, methods, and procedures used in the preparation of this report are appropriate for such purpose.
We estimate the net reserves and future net revenue to the MRD interest in these properties, as of December 31, 2013, to be:
Net Reserves | Future Net Revenue (M$) | |||||||||||||||||||
Category |
Oil (MBBL) |
NGL (MBBL) |
Gas(1) (MMCF) |
Total | Present Worth at 10% |
|||||||||||||||
Proved Developed Producing |
2,625.8 | 12,259.9 | 234,036.9 | 1,014,683.4 | 610,303.5 | |||||||||||||||
Proved Developed Non-Producing |
776.9 | 1,644.9 | 29,760.0 | 159,150.0 | 92,615.4 | |||||||||||||||
Proved Undeveloped |
7,907.9 | 28,671.9 | 538,457.1 | 1,608,681.2 | 766,033.0 | |||||||||||||||
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Total Proved |
11,310.5 | 42,576.7 | 802,254.1 | 2,782,514.7 | 1,468,952.1 |
Totals may not add because of rounding.
(1) | Estimates of gas reserves include field fuel usage volumes for the WHR properties. |
The oil volumes shown include crude oil and condensate. Oil and natural gas liquids (NGL) volumes are expressed in thousands of barrels (MBBL); a barrel is equivalent to 42 United States gallons. Gas volumes are expressed in millions of cubic feet (MMCF) at standard temperature and pressure bases.
4500 THANKSGIVING TOWER 1601 ELM STREET DALLAS, TEXAS 75201-4754 PH: 214-969-5401 FAX: 214-969-5411 |
nsai@nsai-petro.com | |||
1221 LAMAR STREET, SUITE 1200 HOUSTON, TEXAS 77010-3072 PH: 713-654-4950 FAX: 713-654-4951 |
netherlandsewell.com |
B-1
The estimates shown in this report are for proved reserves. As requested, probable and possible reserves that exist for these properties have not been included. This report does not include any value that could be attributed to interests in undeveloped acreage beyond those tracts for which undeveloped reserves have been estimated. Reserves categorization conveys the relative degree of certainty; reserves subcategorization is based on development and production status. The estimates of reserves and future revenue included herein have not been adjusted for risk.
Gross revenue is MRDs share of the gross (100 percent) revenue from the properties prior to any deductions. Future net revenue is after deductions for MRDs share of production taxes, ad valorem taxes, capital costs, and operating expenses but before consideration of any income taxes. The future net revenue has been discounted at an annual rate of 10 percent to determine its present worth, which is shown to indicate the effect of time on the value of money. Future net revenue presented in this report, whether discounted or undiscounted, should not be construed as being the fair market value of the properties.
Prices used in this report are based on the 12-month unweighted arithmetic average of the first-day-of-the-month price for each month in the period January through December 2013. For oil and NGL volumes, the average Southwestern Wyoming Sweet posted price of $83.53 per barrel is used for properties located in Natrona and Sweetwater Counties, Wyoming, and the average West Texas Intermediate posted price of $93.42 per barrel is used for all other properties. These average posted prices are adjusted by lease for quality and regional and local price differentials. For gas volumes, the average CIG Rocky Mountains spot price of $3.527 per MMBTU is used for properties located in Colorado and Wyoming, and the average Henry Hub spot price of $3.670 per MMBTU is used for all other properties. These average spot prices are adjusted by lease for energy content, transportation fees, and regional and local price differentials. All prices are held constant throughout the lives of the properties. The average adjusted product prices weighted by production over the remaining lives of the properties are $100.26 per barrel of oil, $39.72 per barrel of NGL, and $3.656 per MCF of gas.
Operating costs used in this report are based on operating expense records of MRD. For nonoperated properties, these costs include the per-well overhead expenses allowed under joint operating agreements along with estimates of costs to be incurred at and below the district and field levels. Operating costs have been divided into per-well costs, per-unit-of-production costs, and workover costs. As requested, operating costs for the operated properties are limited to direct lease- and field-level costs and MRDs estimate of the portion of its headquarters general and administrative overhead expenses necessary to operate the properties. Operating costs are not escalated for inflation.
Capital costs used in this report were provided by MRD and are based on authorizations for expenditure and actual costs from recent activity. Capital costs are included as required for workovers, new development wells, and production equipment. Based on our understanding of future development plans, a review of the records provided to us, and our knowledge of similar properties, we regard these estimated capital costs to be reasonable. Capital costs are not escalated for inflation. As requested, our estimates do not include any salvage value for the lease and well equipment or the cost of abandoning the properties.
For the purposes of this report, we did not perform any field inspection of the properties, nor did we examine the mechanical operation or condition of the wells and facilities. We have not investigated possible environmental liability related to the properties; therefore, our estimates do not include any costs due to such possible liability.
B-2
We have made no investigation of potential volume and value imbalances resulting from overdelivery or underdelivery to the MRD interest. Therefore, our estimates of reserves and future revenue do not include adjustments for the settlement of any such imbalances; our projections are based on MRD receiving its net revenue interest share of estimated future gross production after field usage and shrinkage.
The reserves shown in this report are estimates only and should not be construed as exact quantities. Proved reserves are those quantities of oil and gas which, by analysis of engineering and geoscience data, can be estimated with reasonable certainty to be economically producible; probable and possible reserves are those additional reserves which are sequentially less certain to be recovered than proved reserves. Estimates of reserves may increase or decrease as a result of market conditions, future operations, changes in regulations, or actual reservoir performance. In addition to the primary economic assumptions discussed herein, our estimates are based on certain assumptions including, but not limited to, that the properties will be developed consistent with current development plans, that the properties will be operated in a prudent manner, that no governmental regulations or controls will be put in place that would impact the ability of the interest owner to recover the reserves, and that our projections of future production will prove consistent with actual performance. If the reserves are recovered, the revenues therefrom and the costs related thereto could be more or less than the estimated amounts. Because of governmental policies and uncertainties of supply and demand, the sales rates, prices received for the reserves, and costs incurred in recovering such reserves may vary from assumptions made while preparing this report.
For the purposes of this report, we used technical and economic data including, but not limited to, well logs, geologic maps, well test data, production data, historical price and cost information, and property ownership interests. The reserves in this report have been estimated using deterministic methods; these estimates have been prepared in accordance with the Standards Pertaining to the Estimating and Auditing of Oil and Gas Reserves Information promulgated by the Society of Petroleum Engineers (SPE Standards). We used standard engineering and geoscience methods, or a combination of methods, including performance analysis, volumetric analysis, and analogy, that we considered to be appropriate and necessary to categorize and estimate reserves in accordance with SEC definitions and regulations. For the Classic IV and WHR properties, a substantial portion of these reserves are for undeveloped locations and producing wells that lack sufficient production history upon which performance-related estimates of reserves can be based; such reserves are based on estimates of reservoir volumes and recovery efficiencies along with analogy to properties with similar geologic and reservoir characteristics. As in all aspects of oil and gas evaluation, there are uncertainties inherent in the interpretation of engineering and geoscience data; therefore, our conclusions necessarily represent only informed professional judgment.
B-3
The data used in our estimates were obtained from MRD, public data sources, and the nonconfidential files of Netherland, Sewell & Associates, Inc. and were accepted as accurate. Supporting work data are on file in our office. We have not examined the titles to the properties or independently confirmed the actual degree or type of interest owned. The technical persons responsible for preparing the estimates presented herein meet the requirements regarding qualifications, independence, objectivity, and confidentiality set forth in the SPE Standards. We are independent petroleum engineers, geologists, geophysicists, and petrophysicists; we do not own an interest in these properties nor are we employed on a contingent basis.
Sincerely, | ||||||
NETHERLAND, SEWELL & ASSOCIATES, INC. | ||||||
Texas Registered Engineering Firm F-2699 | ||||||
By: | /s/ C.H. (Scott) Rees III | |||||
C.H. (Scott) Rees III, P.E. | ||||||
Chairman and Chief Executive Officer | ||||||
By: | /s/ Justin S. Hamilton | By: | /s/ Allen E. Evans, Jr. | |||
Justin S. Hamilton, P.E. 104999 | Allen E. Evans, Jr., P.G. 1286 | |||||
Vice President | Vice President | |||||
Date Signed: April 3, 2014 | Date Signed: April 3, 2014 | |||||
JSH:JLO |
B-4
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
The following definitions are set forth in U.S. Securities and Exchange Commission (SEC) Regulation S-X Section 210.4-10(a). Also included is supplemental information from (1) the 2007 Petroleum Resources Management System approved by the Society of Petroleum Engineers, (2) the FASB Accounting Standards Codification Topic 932, Extractive ActivitiesOil and Gas, and (3) the SECs Compliance and Disclosure Interpretations.
(1) Acquisition of properties. Costs incurred to purchase, lease or otherwise acquire a property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers fees, recording fees, legal costs, and other costs incurred in acquiring properties.
(2) Analogous reservoir. Analogous reservoirs, as used in resources assessments, have similar rock and fluid properties, reservoir conditions (depth, temperature, and pressure) and drive mechanisms, but are typically at a more advanced stage of development than the reservoir of interest and thus may provide concepts to assist in the interpretation of more limited data and estimation of recovery. When used to support proved reserves, an analogous reservoir refers to a reservoir that shares the following characteristics with the reservoir of interest:
(i) | Same geological formation (but not necessarily in pressure communication with the reservoir of interest); |
(ii) | Same environment of deposition; |
(iii) | Similar geological structure; and |
(iv) | Same drive mechanism. |
Instruction to paragraph (a)(2): Reservoir properties must, in the aggregate, be no more favorable in the analog than in the reservoir of interest.
(3) Bitumen. Bitumen, sometimes referred to as natural bitumen, is petroleum in a solid or semi-solid state in natural deposits with a viscosity greater than 10,000 centipoise measured at original temperature in the deposit and atmospheric pressure, on a gas free basis. In its natural state it usually contains sulfur, metals, and other non-hydrocarbons.
(4) Condensate. Condensate is a mixture of hydrocarbons that exists in the gaseous phase at original reservoir temperature and pressure, but that, when produced, is in the liquid phase at surface pressure and temperature.
(5) Deterministic estimate. The method of estimating reserves or resources is called deterministic when a single value for each parameter (from the geoscience, engineering, or economic data) in the reserves calculation is used in the reserves estimation procedure.
(6) Developed oil and gas reserves. Developed oil and gas reserves are reserves of any category that can be expected to be recovered:
(i) | Through existing wells with existing equipment and operating methods or in which the cost of the required equipment is relatively minor compared to the cost of a new well; and |
B-5
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
(ii) | Through installed extraction equipment and infrastructure operational at the time of the reserves estimate if the extraction is by means not involving a well. |
Supplemental definitions from the 2007 Petroleum Resources Management System:
Developed Producing ReservesDeveloped Producing Reserves are expected to be recovered from completion intervals that are open and producing at the time of the estimate. Improved recovery reserves are considered producing only after the improved recovery project is in operation.
Developed Non-Producing ReservesDeveloped Non-Producing Reserves include shut-in and behind-pipe Reserves. Shut-in Reserves are expected to be recovered from (1) completion intervals which are open at the time of the estimate but which have not yet started producing, (2) wells which were shut-in for market conditions or pipeline connections, or (3) wells not capable of production for mechanical reasons. Behind-pipe Reserves are expected to be recovered from zones in existing wells which will require additional completion work or future recompletion prior to start of production. In all cases, production can be initiated or restored with relatively low expenditure compared to the cost of drilling a new well.
(7) Development costs. Costs incurred to obtain access to proved reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas. More specifically, development costs, including depreciation and applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:
(i) | Gain access to and prepare well locations for drilling, including surveying well locations for the purpose of determining specific development drilling sites, clearing ground, draining, road building, and relocating public roads, gas lines, and power lines, to the extent necessary in developing the proved reserves. |
(ii) | Drill and equip development wells, development-type stratigraphic test wells, and service wells, including the costs of platforms and of well equipment such as casing, tubing, pumping equipment, and the wellhead assembly. |
(iii) | Acquire, construct, and install production facilities such as lease flow lines, separators, treaters, heaters, manifolds, measuring devices, and production storage tanks, natural gas cycling and processing plants, and central utility and waste disposal systems. |
(iv) | Provide improved recovery systems. |
(8) Development project. A development project is the means by which petroleum resources are brought to the status of economically producible. As examples, the development of a single reservoir or field, an incremental development in a producing field, or the integrated development of a group of several fields and associated facilities with a common ownership may constitute a development project.
(9) Development well. A well drilled within the proved area of an oil or gas reservoir to the depth of a stratigraphic horizon known to be productive.
(10) Economically producible. The term economically producible, as it relates to a resource, means a resource which generates revenue that exceeds, or is reasonably expected to exceed, the costs of the operation. The value of the products that generate revenue shall be determined at the terminal point of oil and gas producing activities as defined in paragraph (a)(16) of this section.
(11) Estimated ultimate recovery (EUR). Estimated ultimate recovery is the sum of reserves remaining as of a given date and cumulative production as of that date.
B-6
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
(12) Exploration costs. Costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property (sometimes referred to in part as prospecting costs) and after acquiring the property. Principal types of exploration costs, which include depreciation and applicable operating costs of support equipment and facilities and other costs of exploration activities, are:
(i) | Costs of topographical, geographical and geophysical studies, rights of access to properties to conduct those studies, and salaries and other expenses of geologists, geophysical crews, and others conducting those studies. Collectively, these are sometimes referred to as geological and geophysical or G&G costs. |
(ii) | Costs of carrying and retaining undeveloped properties, such as delay rentals, ad valorem taxes on properties, legal costs for title defense, and the maintenance of land and lease records. |
(iii) | Dry hole contributions and bottom hole contributions. |
(iv) | Costs of drilling and equipping exploratory wells. |
(v) | Costs of drilling exploratory-type stratigraphic test wells. |
(13) Exploratory well. An exploratory well is a well drilled to find a new field or to find a new reservoir in a field previously found to be productive of oil or gas in another reservoir. Generally, an exploratory well is any well that is not a development well, an extension well, a service well, or a stratigraphic test well as those items are defined in this section.
(14) Extension well. An extension well is a well drilled to extend the limits of a known reservoir.
(15) Field. An area consisting of a single reservoir or multiple reservoirs all grouped on or related to the same individual geological structural feature and/or stratigraphic condition. There may be two or more reservoirs in a field which are separated vertically by intervening impervious strata, or laterally by local geologic barriers, or by both. Reservoirs that are associated by being in overlapping or adjacent fields may be treated as a single or common operational field. The geological terms structural feature and stratigraphic condition are intended to identify localized geological features as opposed to the broader terms of basins, trends, provinces, plays, areas-of-interest, etc.
(16) Oil and gas producing activities.
(i) | Oil and gas producing activities include: |
(A) | The search for crude oil, including condensate and natural gas liquids, or natural gas (oil and gas) in their natural states and original locations; |
(B) | The acquisition of property rights or properties for the purpose of further exploration or for the purpose of removing the oil or gas from such properties; |
(C) | The construction, drilling, and production activities necessary to retrieve oil and gas from their natural reservoirs, including the acquisition, construction, installation, and maintenance of field gathering and storage systems, such as: |
(1) | Lifting the oil and gas to the surface; and |
B-7
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
(2) | Gathering, treating, and field processing (as in the case of processing gas to extract liquid hydrocarbons); and |
(D) | Extraction of saleable hydrocarbons, in the solid, liquid, or gaseous state, from oil sands, shale, coalbeds, or other nonrenewable natural resources which are intended to be upgraded into synthetic oil or gas, and activities undertaken with a view to such extraction. |
Instruction 1 to paragraph (a)(16)(i): The oil and gas production function shall be regarded as ending at a terminal point, which is the outlet valve on the lease or field storage tank. If unusual physical or operational circumstances exist, it may be appropriate to regard the terminal point for the production function as:
a. | The first point at which oil, gas, or gas liquids, natural or synthetic, are delivered to a main pipeline, a common carrier, a refinery, or a marine terminal; and |
b. | In the case of natural resources that are intended to be upgraded into synthetic oil or gas, if those natural resources are delivered to a purchaser prior to upgrading, the first point at which the natural resources are delivered to a main pipeline, a common carrier, a refinery, a marine terminal, or a facility which upgrades such natural resources into synthetic oil or gas. |
Instruction 2 to paragraph (a)(16)(i): For purposes of this paragraph (a)(16), the term saleable hydrocarbons means hydrocarbons that are saleable in the state in which the hydrocarbons are delivered.
(ii) | Oil and gas producing activities do not include: |
(A) | Transporting, refining, or marketing oil and gas; |
(B) | Processing of produced oil, gas, or natural resources that can be upgraded into synthetic oil or gas by a registrant that does not have the legal right to produce or a revenue interest in such production; |
(C) | Activities relating to the production of natural resources other than oil, gas, or natural resources from which synthetic oil and gas can be extracted; or |
(D) | Production of geothermal steam. |
(17) Possible reserves. Possible reserves are those additional reserves that are less certain to be recovered than probable reserves.
(i) | When deterministic methods are used, the total quantities ultimately recovered from a project have a low probability of exceeding proved plus probable plus possible reserves. When probabilistic methods are used, there should be at least a 10% probability that the total quantities ultimately recovered will equal or exceed the proved plus probable plus possible reserves estimates. |
(ii) | Possible reserves may be assigned to areas of a reservoir adjacent to probable reserves where data control and interpretations of available data are progressively less certain. Frequently, this will be in areas where geoscience and engineering data are unable to define clearly the area and vertical limits of commercial production from the reservoir by a defined project. |
(iii) | Possible reserves also include incremental quantities associated with a greater percentage recovery of the hydrocarbons in place than the recovery quantities assumed for probable reserves. |
(iv) | The proved plus probable and proved plus probable plus possible reserves estimates must be based on reasonable alternative technical and commercial interpretations within the reservoir or subject project that are clearly documented, including comparisons to results in successful similar projects. |
B-8
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
(v) | Possible reserves may be assigned where geoscience and engineering data identify directly adjacent portions of a reservoir within the same accumulation that may be separated from proved areas by faults with displacement less than formation thickness or other geological discontinuities and that have not been penetrated by a wellbore, and the registrant believes that such adjacent portions are in communication with the known (proved) reservoir. Possible reserves may be assigned to areas that are structurally higher or lower than the proved area if these areas are in communication with the proved reservoir. |
(vi) | Pursuant to paragraph (a)(22)(iii) of this section, where direct observation has defined a highest known oil (HKO) elevation and the potential exists for an associated gas cap, proved oil reserves should be assigned in the structurally higher portions of the reservoir above the HKO only if the higher contact can be established with reasonable certainty through reliable technology. Portions of the reservoir that do not meet this reasonable certainty criterion may be assigned as probable and possible oil or gas based on reservoir fluid properties and pressure gradient interpretations. |
(18) Probable reserves. Probable reserves are those additional reserves that are less certain to be recovered than proved reserves but which, together with proved reserves, are as likely as not to be recovered.
(i) | When deterministic methods are used, it is as likely as not that actual remaining quantities recovered will exceed the sum of estimated proved plus probable reserves. When probabilistic methods are used, there should be at least a 50% probability that the actual quantities recovered will equal or exceed the proved plus probable reserves estimates. |
(ii) | Probable reserves may be assigned to areas of a reservoir adjacent to proved reserves where data control or interpretations of available data are less certain, even if the interpreted reservoir continuity of structure or productivity does not meet the reasonable certainty criterion. Probable reserves may be assigned to areas that are structurally higher than the proved area if these areas are in communication with the proved reservoir. |
(iii) | Probable reserves estimates also include potential incremental quantities associated with a greater percentage recovery of the hydrocarbons in place than assumed for proved reserves. |
(iv) | See also guidelines in paragraphs (a)(17)(iv) and (a)(17)(vi) of this section. |
(19) Probabilistic estimate. The method of estimation of reserves or resources is called probabilistic when the full range of values that could reasonably occur for each unknown parameter (from the geoscience and engineering data) is used to generate a full range of possible outcomes and their associated probabilities of occurrence.
(20) Production costs.
(i) | Costs incurred to operate and maintain wells and related equipment and facilities, including depreciation and applicable operating costs of support equipment and facilities and other costs of operating and maintaining those wells and related equipment and facilities. They become part of the cost of oil and gas produced. Examples of production costs (sometimes called lifting costs) are: |
(A) | Costs of labor to operate the wells and related equipment and facilities. |
(B) | Repairs and maintenance. |
B-9
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
(C) | Materials, supplies, and fuel consumed and supplies utilized in operating the wells and related equipment and facilities. |
(D) | Property taxes and insurance applicable to proved properties and wells and related equipment and facilities. |
(E) | Severance taxes. |
(ii) | Some support equipment or facilities may serve two or more oil and gas producing activities and may also serve transportation, refining, and marketing activities. To the extent that the support equipment and facilities are used in oil and gas producing activities, their depreciation and applicable operating costs become exploration, development or production costs, as appropriate. Depreciation, depletion, and amortization of capitalized acquisition, exploration, and development costs are not production costs but also become part of the cost of oil and gas produced along with production (lifting) costs identified above. |
(21) Proved area. The part of a property to which proved reserves have been specifically attributed.
(22) Proved oil and gas reserves. Proved oil and gas reserves are those quantities of oil and gas, which, by analysis of geoscience and engineering data, can be estimated with reasonable certainty to be economically produciblefrom a given date forward, from known reservoirs, and under existing economic conditions, operating methods, and government regulationsprior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. The project to extract the hydrocarbons must have commenced or the operator must be reasonably certain that it will commence the project within a reasonable time.
(i) | The area of the reservoir considered as proved includes: |
(A) | The area identified by drilling and limited by fluid contacts, if any, and |
(B) | Adjacent undrilled portions of the reservoir that can, with reasonable certainty, be judged to be continuous with it and to contain economically producible oil or gas on the basis of available geoscience and engineering data. |
(ii) | In the absence of data on fluid contacts, proved quantities in a reservoir are limited by the lowest known hydrocarbons (LKH) as seen in a well penetration unless geoscience, engineering, or performance data and reliable technology establishes a lower contact with reasonable certainty. |
(iii) | Where direct observation from well penetrations has defined a highest known oil (HKO) elevation and the potential exists for an associated gas cap, proved oil reserves may be assigned in the structurally higher portions of the reservoir only if geoscience, engineering, or performance data and reliable technology establish the higher contact with reasonable certainty. |
(iv) | Reserves which can be produced economically through application of improved recovery techniques (including, but not limited to, fluid injection) are included in the proved classification when: |
(A) | Successful testing by a pilot project in an area of the reservoir with properties no more favorable than in the reservoir as a whole, the operation of an installed program in the reservoir or an analogous reservoir, or other evidence using reliable technology establishes the reasonable certainty of the engineering analysis on which the project or program was based; and |
B-10
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
(B) | The project has been approved for development by all necessary parties and entities, including governmental entities. |
(v) | Existing economic conditions include prices and costs at which economic producibility from a reservoir is to be determined. The price shall be the average price during the 12-month period prior to the ending date of the period covered by the report, determined as an unweighted arithmetic average of the first-day-of-the-month price for each month within such period, unless prices are defined by contractual arrangements, excluding escalations based upon future conditions. |
(23) Proved properties. Properties with proved reserves.
(24) Reasonable certainty. If deterministic methods are used, reasonable certainty means a high degree of confidence that the quantities will be recovered. If probabilistic methods are used, there should be at least a 90% probability that the quantities actually recovered will equal or exceed the estimate. A high degree of confidence exists if the quantity is much more likely to be achieved than not, and, as changes due to increased availability of geoscience (geological, geophysical, and geochemical), engineering, and economic data are made to estimated ultimate recovery (EUR) with time, reasonably certain EUR is much more likely to increase or remain constant than to decrease.
(25) Reliable technology. Reliable technology is a grouping of one or more technologies (including computational methods) that has been field tested and has been demonstrated to provide reasonably certain results with consistency and repeatability in the formation being evaluated or in an analogous formation.
(26) Reserves. Reserves are estimated remaining quantities of oil and gas and related substances anticipated to be economically producible, as of a given date, by application of development projects to known accumulations. In addition, there must exist, or there must be a reasonable expectation that there will exist, the legal right to produce or a revenue interest in the production, installed means of delivering oil and gas or related substances to market, and all permits and financing required to implement the project.
Note to paragraph (a)(26): Reserves should not be assigned to adjacent reservoirs isolated by major, potentially sealing, faults until those reservoirs are penetrated and evaluated as economically producible. Reserves should not be assigned to areas that are clearly separated from a known accumulation by a non-productive reservoir (i.e., absence of reservoir, structurally low reservoir, or negative test results). Such areas may contain prospective resources (i.e., potentially recoverable resources from undiscovered accumulations).
B-11
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
Excerpted from the FASB Accounting Standards Codification Topic 932, Extractive ActivitiesOil and Gas:
932-235-50-30 A standardized measure of discounted future net cash flows relating to an entitys interests in both of the following shall be disclosed as of the end of the year:
a. | Proved oil and gas reserves (see paragraphs 932-235-50-3 through 50-11B) |
b. | Oil and gas subject to purchase under long-term supply, purchase, or similar agreements and contracts in which the entity participates in the operation of the properties on which the oil or gas is located or otherwise serves as the producer of those reserves (see paragraph 932-235-50-7). |
The standardized measure of discounted future net cash flows relating to those two types of interests in reserves may be combined for reporting purposes.
932-235-50-31 All of the following information shall be disclosed in the aggregate and for each geographic area for which reserve quantities are disclosed in accordance with paragraphs 932-235-50-3 through 50-11B:
a. | Future cash inflows. These shall be computed by applying prices used in estimating the entitys proved oil and gas reserves to the year-end quantities of those reserves. Future price changes shall be considered only to the extent provided by contractual arrangements in existence at year-end. |
b. | Future development and production costs. These costs shall be computed by estimating the expenditures to be incurred in developing and producing the proved oil and gas reserves at the end of the year, based on year-end costs and assuming continuation of existing economic conditions. If estimated development expenditures are significant, they shall be presented separately from estimated production costs. |
c. | Future income tax expenses. These expenses shall be computed by applying the appropriate year-end statutory tax rates, with consideration of future tax rates already legislated, to the future pretax net cash flows relating to the entitys proved oil and gas reserves, less the tax basis of the properties involved. The future income tax expenses shall give effect to tax deductions and tax credits and allowances relating to the entitys proved oil and gas reserves. |
d. | Future net cash flows. These amounts are the result of subtracting future development and production costs and future income tax expenses from future cash inflows. |
e. | Discount. This amount shall be derived from using a discount rate of 10 percent a year to reflect the timing of the future net cash flows relating to proved oil and gas reserves. |
f. | Standardized measure of discounted future net cash flows. This amount is the future net cash flows less the computed discount. |
(27) Reservoir. A porous and permeable underground formation containing a natural accumulation of producible oil and/or gas that is confined by impermeable rock or water barriers and is individual and separate from other reservoirs.
(28) Resources. Resources are quantities of oil and gas estimated to exist in naturally occurring accumulations. A portion of the resources may be estimated to be recoverable, and another portion may be considered to be unrecoverable. Resources include both discovered and undiscovered accumulations.
(29) Service well. A well drilled or completed for the purpose of supporting production in an existing field. Specific purposes of service wells include gas injection, water injection, steam injection, air injection, salt-water disposal, water supply for injection, observation, or injection for in-situ combustion.
(30) Stratigraphic test well. A stratigraphic test well is a drilling effort, geologically directed, to obtain information pertaining to a specific geologic condition. Such wells customarily are drilled without the intent of being completed for hydrocarbon production. The classification also includes tests identified as core tests and all types of expendable holes related to hydrocarbon exploration. Stratigraphic tests are classified as exploratory type if not drilled in a known area or development type if drilled in a known area.
B-12
DEFINITIONS OF OIL AND GAS RESERVES
Adapted from U.S. Securities and Exchange Commission Regulation S-X Section 210.4-10(a)
(31) Undeveloped oil and gas reserves. Undeveloped oil and gas reserves are reserves of any category that are expected to be recovered from new wells on undrilled acreage, or from existing wells where a relatively major expenditure is required for recompletion.
(i) | Reserves on undrilled acreage shall be limited to those directly offsetting development spacing areas that are reasonably certain of production when drilled, unless evidence using reliable technology exists that establishes reasonable certainty of economic producibility at greater distances. |
(ii) | Undrilled locations can be classified as having undeveloped reserves only if a development plan has been adopted indicating that they are scheduled to be drilled within five years, unless the specific circumstances, justify a longer time. |
From the SECs Compliance and Disclosure Interpretations (October 26, 2009):
Although several types of projectssuch as constructing offshore platforms and development in urban areas, remote locations or environmentally sensitive locationsby their nature customarily take a longer time to develop and therefore often do justify longer time periods, this determination must always take into consideration all of the facts and circumstances. No particular type of project per se justifies a longer time period, and any extension beyond five years should be the exception, and not the rule.
Factors that a company should consider in determining whether or not circumstances justify recognizing reserves even though development may extend past five years include, but are not limited to, the following:
| The companys level of ongoing significant development activities in the area to be developed (for example, drilling only the minimum number of wells necessary to maintain the lease generally would not constitute significant development activities); |
| The companys historical record at completing development of comparable long-term projects; |
| The amount of time in which the company has maintained the leases, or booked the reserves, without significant development activities; |
| The extent to which the company has followed a previously adopted development plan (for example, if a company has changed its development plan several times without taking significant steps to implement any of those plans, recognizing proved undeveloped reserves typically would not be appropriate); and |
| The extent to which delays in development are caused by external factors related to the physical operating environment (for example, restrictions on development on Federal lands, but not obtaining government permits), rather than by internal factors (for example, shifting resources to develop properties with higher priority). |
(iii) | Under no circumstances shall estimates for undeveloped reserves be attributable to any acreage for which an application of fluid injection or other improved recovery technique is contemplated, unless such techniques have been proved effective by actual projects in the same reservoir or an analogous reservoir, as defined in paragraph (a)(2) of this section, or by other evidence using reliable technology establishing reasonable certainty. |
(32) Unproved properties. Properties with no proved reserves.
B-13
|
CHAIRMAN & CEO C.H. (SCOTT) REES III PRESIDENT & COO DANNY D. SIMMONS EXECUTIVE VP G. LANCE BINDER |
EXECUTIVE COMMITTEE P. SCOTT FROST DALLAS J. CARTER HENSON, JR. HOUSTON DAN PAUL SMITH DALLAS JOSEPH J. SPELLMAN DALLAS THOMAS J. TELLA II DALLAS |
April 24, 2014
Mr. John A. Weinzierl
Memorial Resource Development LLC
1301 McKinney Street, Suite 2100
Houston, Texas 77010
Dear Mr. Weinzierl:
In accordance with your request, we have audited the estimates prepared by Memorial Resource Development LLC and its subsidiaries (collectively referred to herein as MRD), as of December 31, 2013, of the probable and possible reserves and future revenue to the Memorial Resource Development LLC interest in certain oil and gas properties located in Colorado, Louisiana, Oklahoma, and Texas. The audited estimates shown herein have been revised from the estimates in our April 4, 2014, audit letter to reflect changes in the development plan of the Upper Cotton Valley Sands in Terryville and Hico-Knowles Fields, Louisiana. With the exception of these changes, we completed our audit on or about April 4, 2014. Our estimates of proved reserves and future revenue for these properties are set forth in our report dated April 3, 2014. Memorial Resource Development LLC owns its interest in these properties through its subsidiaries Black Diamond Minerals, LLC; Classic Hydrocarbons, Inc.; and WildHorse Resources, LLC (WHR). It is our understanding that the probable and possible reserves estimated in this report constitute all of the probable and possible reserves owned by MRD (other than those attributable to BlueStone Natural Resources Holdings, LLC; Memorial Production Partners LP; and their respective subsidiaries). We have examined the estimates with respect to reserves quantities, reserves categorization, future producing rates, future net revenue, and the present value of such future net revenue, using the definitions set forth in U.S. Securities and Exchange Commission (SEC) Regulation S-X Rule 4-10(a). The estimates of reserves and future revenue have been prepared in accordance with the definitions and regulations of the SEC and, with the exception of the exclusion of future income taxes, conform to the FASB Accounting Standards Codification Topic 932, Extractive ActivitiesOil and Gas. This report has been prepared for Memorial Resource Development LLCs use in filing with the SEC; in our opinion the assumptions, data, methods, and procedures used in the preparation of this report are appropriate for such purpose.
The following table sets forth MRDs estimates of the net reserves and future net revenue, as of December 31, 2013, for the audited properties:
Net Reserves | Future Net Revenue (M$) | |||||||||||||||||||
Category |
Oil (MBBL) |
NGL (MBBL) |
Gas(1) (MMCF) |
Total | Present Worth at 10% |
|||||||||||||||
Probable |
10,479.7 | 33,708.9 | 535,185.3 | 2,148,275.7 | 1,052,242.6 | |||||||||||||||
Possible |
36,376.1 | 68,686.1 | 1,080,539.7 | 6,167,918.1 | 2,386,228.2 |
(1) | Estimates of gas reserves include field fuel usage volumes for the WHR properties. |
The oil volumes shown include crude oil and condensate. Oil and natural gas liquids (NGL) volumes are expressed in thousands of barrels (MBBL); a barrel is equivalent to 42 United States gallons. Gas volumes are expressed in millions of cubic feet (MMCF) at standard temperature and pressure bases.
4500 THANKSGIVING TOWER 1601 ELM STREET DALLAS, TEXAS 75201-4754 PH: 214-969-5401 FAX: 214-969-5411 |
nsai@nsai-petro.com | |||
1221 LAMAR STREET, SUITE 1200 HOUSTON, TEXAS 77010-3072 PH: 713-654-4950 FAX: 713-654-4951 |
netherlandsewell.com |
B-14
When compared on a field-by-field basis, some of the estimates of MRD are greater and some are less than the estimates of Netherland, Sewell & Associates, Inc. (NSAI). However, in our opinion the estimates of MRDs probable and possible reserves and future revenue shown herein are, in the aggregate, reasonable and have been prepared in accordance with the Standards Pertaining to the Estimating and Auditing of Oil and Gas Reserves Information promulgated by the Society of Petroleum Engineers (SPE Standards). Additionally, these estimates are within the recommended 10 percent tolerance threshold set forth in the SPE Standards. We are satisfied with the methods and procedures used by MRD in preparing the December 31, 2013, estimates of reserves and future revenue, and we saw nothing of an unusual nature that would cause us to take exception with the estimates, in the aggregate, as prepared by MRD.
The estimates shown herein are for probable and possible reserves; a substantial portion of these reserves are for undeveloped locations. MRDs estimates do not include any value for undeveloped acreage beyond those tracts for which undeveloped reserves have been estimated. Reserves categorization conveys the relative degree of certainty; reserves subcategorization is based on development and production status. The estimates of reserves and future revenue included herein have not been adjusted for risk.
Prices used by MRD are based on the 12-month unweighted arithmetic average of the first-day-of-the-month price for each month in the period January through December 2013. For oil and NGL volumes, the average West Texas Intermediate posted price of $93.42 per barrel is adjusted by lease for quality and regional and local price differentials. For gas volumes, the average CIG Rocky Mountains spot price of $3.527 per MMBTU is used for properties located in Colorado, and the average Henry Hub spot price of $3.670 per MMBTU is used for all other properties. These average spot prices are adjusted by lease for energy content, transportation fees, and regional and local price differentials. All prices are held constant throughout the lives of the properties.
Operating costs used by MRD are based on historical operating expense records. For nonoperated properties, these costs include the per-well overhead expenses allowed under joint operating agreements along with estimates of costs to be incurred at and below the district and field levels. Operating costs have been divided into per-well costs, per-unit-of-production costs, and workover costs. Operating costs for the operated properties are limited to direct lease- and field-level costs and MRDs estimate of the portion of its headquarters general and administrative overhead expenses necessary to operate the properties. Capital costs used by MRD are based on authorizations for expenditure and actual costs from recent activity. Capital costs are included as required for workovers, new development wells, and production equipment. Operating costs and capital costs are not escalated for inflation. Estimates do not include any salvage value for the lease and well equipment or the cost of abandoning the properties.
The reserves shown in this report are estimates only and should not be construed as exact quantities. Proved reserves are those quantities of oil and gas which, by analysis of engineering and geoscience data, can be estimated with reasonable certainty to be economically producible; probable and possible reserves are those additional reserves which are sequentially less certain to be recovered than proved reserves. Estimates of reserves may increase or decrease as a result of market conditions, future operations, changes in regulations, or actual reservoir performance. In addition to the primary economic assumptions discussed herein, estimates of MRD and NSAI are based on certain assumptions including, but not limited to, that the properties will be developed consistent with current development plans, that the properties will be operated in a prudent manner, that no governmental regulations or controls will be put in place that would impact the ability of the interest owner to recover the reserves, and that projections of future production will prove consistent with actual performance. If the reserves are recovered, the revenues therefrom and the costs related thereto could be more or less than the
B-15
estimated amounts. Because of governmental policies and uncertainties of supply and demand, the sales rates, prices received for the reserves, and costs incurred in recovering such reserves may vary from assumptions made while preparing these estimates.
It should be understood that our audit does not constitute a complete reserves study of the audited oil and gas properties. Our audit consisted primarily of substantive testing, wherein we conducted a detailed review of all properties. In the conduct of our audit, we have not independently verified the accuracy and completeness of information and data furnished by MRD with respect to ownership interests, oil and gas production, well test data, historical costs of operation and development, product prices, or any agreements relating to current and future operations of the properties and sales of production. However, if in the course of our examination something came to our attention that brought into question the validity or sufficiency of any such information or data, we did not rely on such information or data until we had satisfactorily resolved our questions relating thereto or had independently verified such information or data. Our audit did not include a review of MRDs overall reserves management processes and practices.
We used standard engineering and geoscience methods, or a combination of methods, including performance analysis, volumetric analysis, and analogy, that we considered to be appropriate and necessary to establish the conclusions set forth herein. As in all aspects of oil and gas evaluation, there are uncertainties inherent in the interpretation of engineering and geoscience data; therefore, our conclusions necessarily represent only informed professional judgment.
Supporting data documenting this audit, along with data provided by MRD, are on file in our office. The technical persons responsible for conducting this audit meet the requirements regarding qualifications, independence, objectivity, and confidentiality set forth in the SPE Standards. We are independent petroleum engineers, geologists, geophysicists, and petrophysicists; we do not own an interest in these properties nor are we employed on a contingent basis.
Sincerely, | ||||||||
NETHERLAND, SEWELL & ASSOCIATES, INC. | ||||||||
Texas Registered Engineering Firm F-2699 | ||||||||
By: | /s/ C.H. (Scott) Rees III | |||||||
C.H. (Scott) Rees III, P.E. | ||||||||
Chairman and Chief Executive Officer | ||||||||
By: | /s/ Philip S. (Scott) Frost | By: | /s/ William J. Knights | |||||
Philip S. (Scott) Frost, P.E. 88738 | William J. Knights, P.G. 1532 | |||||||
Senior Vice President | Vice President | |||||||
Date Signed: April 24, 2014 | Date Signed: April 24, 2014 | |||||||
PSF:JLO |
Please be advised that the digital document you are viewing is provided by Netherland, Sewell & Associates, Inc. (NSAI) as a convenience to our clients. The digital document is intended to be substantively the same as the original signed document maintained by NSAI. The digital document is subject to the parameters, limitations, and conditions stated in the original document. In the event of any differences between the digital document and the original document, the original document shall control and supersede the digital document.
B-16
Shares
Common Stock
PRELIMINARY PROSPECTUS
Joint Book-Running Managers
Citigroup
Barclays
BofA Merrill Lynch
BMO Capital Markets
Goldman, Sachs & Co.
Raymond James
RBC Capital Markets
Wells Fargo Securities
Co-Managers
Credit Suisse
Morgan Stanley
Scotiabank / Howard Weil
Simmons & Company International
Stephens Inc.
Stifel
UBS Investment Bank
Wunderlich Securities
, 2014
Until , 2014 (25 days after the date of this prospectus), all dealers effecting transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to the dealers obligation to deliver a prospectus when acting as an underwriter and with respect to their unsold allotments or subscriptions.
PART II. INFORMATION NOT REQUIRED IN THE PROSPECTUS
Item 13. Other Expenses of Issuance and Distribution
The following table sets forth the estimated fees and expenses, other than underwriting discounts and commissions, paid or payable by the registrant in connection with the issuance and distribution of the common stock. All amounts are estimates except for the SEC registration, Financial Industry Regulatory Authority, Inc. and stock exchange and listing fees.
SEC registration fee |
$ | 90,160 | ||
Stock exchange filing fee and listing fee |
* | |||
Transfer agent and registrar fees |
* | |||
Printing and engraving costs |
* | |||
Legal fees and expenses |
* | |||
Accountants fees and expenses |
* | |||
Financial Industry Regulatory Authority, Inc. filing fee |
105,500 | |||
Miscellaneous |
* | |||
|
|
|||
Total |
$ | * | ||
|
|
* | To be filed by amendment. |
Item 14. Indemnification of Directors and Officers
The Company is incorporated in Delaware. Section 145 of the Delaware General Corporation Law (DGCL) provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by him in connection with such action, suit or proceeding if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. Section 145 further provides that a corporation similarly may indemnify any such person serving in any such capacity who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a director, officer, employee or agent of the corporation or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys fees) actually and reasonably incurred in connection with the defense or settlement of such action or suit if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable to the corporation unless and only to the extent that the Delaware Court of Chancery or such other court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all of the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Delaware Court of Chancery or such other court shall deem proper.
The Companys bylaws provide that indemnification shall be to the fullest extent permitted by the DGCL for all current or former directors or officers of the Company. As permitted by the DGCL, the Companys certificate of incorporation provides that directors of the Company shall have no personal liability to the Company or its stockholders for monetary damages for breach of fiduciary duty as a director, except to the extent that exculpation from liability is not permitted under the DGCL as in effect when such liability is determined.
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Item 15. Recent Sales of Unregistered Securities
Set forth below is certain information regarding securities issued by the registrant during the last three years in transactions that were not registered under the Securities Act of 1933, as amended (the Securities Act), including the consideration, if any, received by the registrant for such issuances.
In connection with its formation in January 2014, the Company issued 100 shares of its common stock to Memorial Resource Development LLC in exchange for consideration of $1.00. The issuance of these shares was exempt from the registration requirements of the Securities Act of 1933, as amended, or the Securities Act, pursuant to Section 4(2) of the Securities Act.
Item 16. Exhibits and Financial Statement Schedules
(a) Exhibits
See the Exhibit Index immediately following the signature page hereto, which is incorporated by reference as if fully set forth herein.
(b) Financial Statement Schedules
Schedules are omitted because they either are not required or are not applicable or because equivalent information has been included in the financial statements, the notes thereto or elsewhere herein.
Item 17. Undertakings
The undersigned registrant hereby undertakes to provide to the underwriters at the closing specified in the Underwriting Agreement certificates in such denominations and registered in such names as required by the underwriters to permit prompt delivery to each purchaser.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 (the Securities Act) may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
The undersigned registrant hereby undertakes:
(1) | For purposes of determining any liability under the Securities Act, the information omitted from the form of prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the Registrant pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration statement as of the time it was declared effective. |
(2) | For the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. |
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Houston, Texas on the 2nd day of May, 2014.
MEMORIAL RESOURCE DEVELOPMENT CORP. | ||
By: | /s/ John A. Weinzierl | |
John A. Weinzierl | ||
Chief Executive Officer |
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated below.
Signature |
Title |
Date | ||
* Tony R. Weber |
Chairman |
May 2, 2014 | ||
/s/ John A. Weinzierl John A. Weinzierl |
Chief Executive Officer and Director (Principal Executive Officer) | May 2, 2014 | ||
/s/ Andrew J. Cozby Andrew J. Cozby |
Chief Financial Officer (Principal Financial Officer) |
May 2, 2014 | ||
/s/ Dennis G. Venghaus Dennis G. Venghaus |
Chief Accounting Officer (Principal Accounting Officer) | May 2, 2014 | ||
* Scott A. Gieselman |
Director |
May 2, 2014 | ||
* Kenneth A. Hersh |
Director |
May 2, 2014 |
*By: | /s/ John A. Weinzierl | |
John A. Weinzierl | ||
Attorney-in-Fact |
Exhibit No. |
Exhibit Description | |||
1.1** | Form of Underwriting Agreement | |||
2.1## | Purchase and Sale Agreement between Memorial Resource Development LLC and Memorial Production Operating LLC, dated as of July 15, 2013 (incorporated by reference to Exhibit 2.5 to Memorial Production Partners LPs Form 8-K (File No. 001-35364), filed with the SEC on July 16, 2013) | |||
3.1* | Form of Amended and Restated Certificate of Incorporation of Memorial Resource Development Corp. | |||
3.2* | Form of Amended and Restated Bylaws of Memorial Resource Development Corp. | |||
5.1** | Opinion of Akin Gump Strauss Hauer & Feld LLP as to the legality of securities being registered | |||
10.1+* | Memorial Resource Development Corp. 2014 Long Term Incentive Plan | |||
10.2+* | Form of Restricted Stock Agreement | |||
10.3** | Voting Agreement, dated as of , 2014, among Memorial Resource Development Corp., MRD Holdings LLC and certain former management members of WildHorse Resources, LLC | |||
10.4** | Form of Registration Rights Agreement among Memorial Resource Development Corp. and certain stockholders | |||
10.5* | Services Agreement, dated as of , 2014, among Memorial Resource Development Corp., WildHorse Resources, LLC and WildHorse Resources Management Company, LLC | |||
10.6** | Credit Agreement, dated as of , 2014, by and among Memorial Resource Development, as the Borrower, the Lenders party thereto, , as Administrative Agent and Collateral Agent, and the other parties party thereto | |||
10.7+* | Form of Change in Control Agreement | |||
10.8+* | Form of Indemnification Agreement between Memorial Resource Development Corp. and each of the officers and directors thereof | |||
10.9 | Omnibus Agreement, dated as of December 14, 2011, by and among Memorial Production Partners LP, Memorial Production Partners GP LLC and Memorial Resource Development LLC (incorporated by reference to Exhibit 10.1 to Memorial Production Partners LPs Form 8-K (File No. 001-35364) filed with the SEC on December 15, 2011) | |||
10.10* | Gas Processing Agreement, dated as of March 17, 2014, between WildHorse Resources, LLC and PennTex North Louisiana, LLC | |||
21.1** | Subsidiaries of Memorial Resource Development Corp. | |||
23.1* | Consent of KPMG LLP, an independent registered public accounting firm | |||
23.2* | Consent of Netherland, Sewell & Associates, Inc. | |||
23.3** | Consent of Akin Gump Strauss Hauer & Feld LLP (contained in Exhibit 5.1) | |||
24.1*** | Powers of attorney (included on the signature page to the Companys Registration Statement on Form S-1, filed with the SEC on April 4, 2014) | |||
24.2* | Power of attorney of Andrew J. Cozby |
99.1* | Netherland, Sewell & Associates, Inc. reserve report for Memorial Resource Development LLC related to proved reserves as of December 31, 2013 (included as Appendix B-1 to the prospectus) | |||
99.2* | Netherland, Sewell & Associates, Inc. audit letter for Memorial Resource Development LLC related to managements report of probable and possible reserves as of December 31, 2013 (included as Appendix B-2 to the prospectus) | |||
99.3*** | Netherland, Sewell & Associates, Inc. reserve report for Memorial Production Partners LP as of December 31, 2013 (incorporated by reference to Exhibit 99.3 to the Companys Registration Statement on Form S-1, filed with the SEC on April 4, 2014) |
* | Filed herewith |
** | To be filed by amendment |
*** | Previously filed |
## | Pursuant to Item 601(b)(2) of Regulation S-K, the registrant agrees to furnish supplementally a copy of any omitted exhibit or schedule to the SEC upon request. |
+ | Management contract or compensatory plan, contract or arrangement. |
| Confidential treatment has been requested with respect to certain portions of this exhibit. Omitted portions have been filed separately with the SEC. |
Exhibit 3.1
FORM OF
AMENDED AND RESTATED
CERTIFICATE OF INCORPORATION
OF
MEMORIAL RESOURCE DEVELOPMENT CORP.
Memorial Resource Development Corp. (the Corporation), a corporation organized and existing under the General Corporation Law of the State of Delaware as set forth in Title 8 of the Delaware Code (the DGCL), hereby certifies as follows:
1. The original Certificate of Incorporation of the Corporation (the Original Certificate of Incorporation) was filed with the Secretary of State of the State of Delaware on January 31, 2014.
2. This Amended and Restated Certificate of Incorporation, which restates and amends the Original Certificate of Incorporation, has been declared advisable by the board of directors of the Corporation (the Board), duly adopted by the stockholders of the Corporation and duly executed and acknowledged by the officers of the Corporation in accordance with Sections 103, 228, 242 and 245 of the DGCL. References to this Amended and Restated Certificate of Incorporation herein refer to the Amended and Restated Certificate of Incorporation, as amended, restated, supplemented and otherwise modified from time to time.
3. The Original Certificate of Incorporation is hereby amended and restated in its entirety to read as follows:
ARTICLE I
NAME
Section 1.1 Name. The name of the Corporation is Memorial Resource Development Corp.
ARTICLE II
REGISTERED AGENT
Section 2.1 Registered Agent. The address of its registered office in the State of Delaware is 615 South DuPont Highway in the City of Dover, County of Kent, postal code 19901, and the name of the Corporations registered agent at such address is National Corporate Research, Ltd.
ARTICLE III
PURPOSE
Section 3.1 Purpose. The nature of the business or purposes to be conducted or promoted by the Corporation is to engage in any lawful act or activity for which corporations may be organized under the DGCL as it currently exists or may hereafter be amended.
ARTICLE IV
CAPITALIZATION
Section 4.1 Number of Shares. The total number of shares of stock that the Corporation shall have authority to issue is shares of stock, classified as (i) shares of preferred stock, par value $0.01 per share (Preferred Stock), and (ii) shares of common stock, par value $0.01 per share (Common Stock).
Section 4.2 Provisions Relating to Preferred Stock.
(a) The Board is authorized, subject to any limitations prescribed by law, to provide for the issuance of shares of Preferred Stock from time to time in one or more series, the shares of each series to have such designations and powers, preferences and rights, and qualifications, limitations and restrictions thereof, as are stated and expressed in the resolution or resolutions providing for the issue of such series adopted by the Board as hereafter prescribed and filed pursuant to applicable law (a Preferred Stock Designation).
(b) Subject to any limitations prescribed by law, authority is hereby expressly granted to and vested in the Board to authorize the issuance of Preferred Stock from time to time in one or more series, and with respect to each series of Preferred Stock, to fix and state the designation and the powers, preferences, rights, qualifications, limitations and restrictions relating to each series of Preferred Stock, including, but not limited to, the following:
(i) whether or not the series is to have voting rights, full, special or limited, or is to be without voting rights, and whether or not such series is to be entitled to vote as a separate class either alone or together with the holders of one or more other classes or series of stock;
(ii) the number of shares to constitute the series and the designations thereof;
(iii) the preferences, and relative, participating, optional or other special rights, if any, and the qualifications, limitations or restrictions thereof, if any, with respect to any series;
(iv) whether or not the shares of any series shall be redeemable at the option of the Corporation or the holders thereof or upon the happening of any specified event, and, if redeemable, the redemption price or prices (which may be payable in the form of cash, notes, securities or other property), and the time or times at which, and the terms and conditions upon which, such shares shall be redeemable and the manner of redemption;
(v) whether or not the shares of a series shall be subject to the operation of retirement or sinking funds to be applied to the purchase or redemption of such shares for retirement, and, if such retirement or sinking fund or funds are to be established, the annual amount thereof, and the terms and provisions relative to the operation thereof;
(vi) the dividend rate, whether dividends are payable in cash, stock of the Corporation or other property, the conditions upon which and the times when such dividends are payable, the preference to or the relation to the payment of dividends payable on any other class or classes or series of stock, whether or not such dividends shall be cumulative or noncumulative, and if cumulative, the date or dates from which such dividends shall accumulate;
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(vii) the preferences, if any, and the amounts thereof which the holders of any series thereof shall be entitled to receive upon the voluntary or involuntary liquidation, dissolution or winding up of, or upon any distribution of the assets of, the Corporation;
(viii) whether or not the shares of any series, at the option of the Corporation or the holder thereof or upon the happening of any specified event, shall be convertible into or exchangeable for, the shares of any other class or classes or of any other series of the same or any other class or classes of stock, securities or other property of the Corporation and the conversion price or prices or ratio or ratios or the rate or rates at which such exchange may be made, with such adjustments, if any, as shall be stated and expressed or provided for in such resolution or resolutions; and
(ix) such other powers, preferences, rights, qualifications, limitations and restrictions with respect to any series as may to the Board seem advisable.
(c) The shares of each series of Preferred Stock may vary from the shares of any other series thereof in any or all of the foregoing respects.
Section 4.3 Provisions Relating to Common Stock.
(a) Common Stock shall be subject to the express terms of Preferred Stock and any series thereof. Except as may otherwise be required by this Amended and Restated Certificate of Incorporation (including any Preferred Stock Designation) or by applicable law, the holders of shares of Common Stock shall be entitled to one vote for each such share upon all questions presented to the stockholders and the holders of shares of Common Stock shall have the exclusive right to vote for the election of directors and for all other purposes, and the holders of Preferred Stock shall not be entitled to vote at or receive notice of any meeting of stockholders.
(b) Notwithstanding the foregoing, except as otherwise required by applicable law, holders of Common Stock, as such, shall not be entitled to vote on any amendment to this Amended and Restated Certificate of Incorporation (including any Preferred Stock Designation) that relates solely to the terms of one or more outstanding series of Preferred Stock if the holders of such affected series are entitled, either separately or together as a class with the holders of one or more other such series, to vote thereon pursuant to this Amended and Restated Certificate of Incorporation (including any Preferred Stock Designation).
(c) Subject to the prior rights and preferences, if any, applicable to shares of Preferred Stock or any series thereof, the holders of shares of Common Stock shall be entitled to receive ratably in proportion to the number of shares of Common Stock held by them such dividends and distributions (payable in cash, stock or otherwise), if any, as may be declared thereon by the Board at any time and from time to time out of any funds of the Corporation legally available therefor.
(d) The number of authorized shares of Common Stock or Preferred Stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of a majority in voting power of the outstanding shares of stock of the Corporation entitled to vote thereon irrespective of the provisions of Section 242(b)(2) of the DGCL (or any successor provision thereto), and no vote of the holders of either Common Stock or Preferred Stock voting separately as a class shall be required therefor.
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ARTICLE V
DIRECTORS
Section 5.1 Term and Classes.
(a) The business and affairs of the Corporation shall be managed by or under the direction of the Board. In addition to the powers and authority expressly conferred upon them by statute or by this Amended and Restated Certificate of Incorporation or the bylaws of the Corporation, the directors are hereby empowered to exercise all such powers and do all such acts and things as may be exercised or done by the Corporation.
(b) Until the first date on which MRD Holdings LLC, Natural Gas Partners VIII, L.P., Natural Gas Partners IX, L.P., NGP IX Offshore Holdings, L.P. and any other fund, now or in the future, under common control with, or managed by the same management company (or its successor) as, any of the foregoing (each, a Fund and together, the Funds) and their respective Affiliates (as such term is defined in Section 10.2) no longer collectively beneficially own (or otherwise have the right to vote or direct the vote of) more than 50% of the outstanding shares of Common Stock (the Trigger Date), the directors, other than those who may be elected by the holders of any series of Preferred Stock specified in the related Preferred Stock Designation, shall consist of a single class, with the initial term of office to expire at the 2015 annual meeting, and each director shall hold office until his successor shall have been duly elected and qualified, subject, however, to such directors earlier death, resignation, disqualification or removal. For purposes of this Amended and Restated Certificate of Incorporation, beneficial ownership of shares shall be determined in accordance with Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended. At each annual meeting of stockholders, directors elected to succeed those directors whose terms then expire shall be elected for a term of office to expire at the next succeeding annual meeting of stockholders after their election, with each director to hold office until his successor shall have been duly elected and qualified, subject, however, to such directors earlier death, resignation, disqualification or removal.
(c) On and after the Trigger Date, the directors, other than those who may be elected by the holders of any series of Preferred Stock specified in the related Preferred Stock Designation, shall be divided, with respect to the time for which they severally hold office, into three classes, serving staggered three-year terms, with the initial term of office of the first class to expire at the first annual meeting of stockholders following the Trigger Date, the initial term of office of the second class to expire at the second annual meeting of stockholders following the Trigger Date and the initial term of office of the third class to expire at the third annual meeting of stockholders following the Trigger Date, with each director to hold office until his successor shall have been duly elected and qualified, subject, however, to such directors earlier death, resignation, disqualification or removal, and the Board shall be authorized to assign members of the Board, other than those directors who may be elected by the holders of any series of Preferred Stock, to such classes at the time such classification becomes effective. At each annual meeting of stockholders following the Trigger Date, directors elected to succeed those directors
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whose terms then expire shall be elected for a term of office to expire at the third succeeding annual meeting of stockholders after their election, with each director to hold office until his successor shall have been duly elected and qualified, subject, however, to such directors earlier death, resignation, disqualification or removal. For purposes of this Amended and Restated Certificate of Incorporation, beneficial ownership of shares shall be determined in accordance with Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended.
Section 5.2 Vacancies. Subject to applicable law and the rights of the holders of any series of Preferred Stock then outstanding and the then-applicable terms of the Voting Agreement, among the Corporation and certain of its stockholders, dated as of , 2014 (the Voting Agreement), any newly created directorship that results from an increase in the number of directors or any vacancy on the Board that results from the death, resignation, disqualification or removal of any director or from any other cause shall, unless otherwise required by law or by resolution of the Board, be filled solely by the affirmative vote of a majority of the total number of directors then in office, even if less than a quorum, or by a sole remaining director and shall not be filled by the stockholders. Any director elected to fill a vacancy not resulting from an increase in the number of directors shall hold office for the remaining term of his predecessor. No decrease in the number of authorized directors constituting the Board shall shorten the term of any incumbent director.
Section 5.3 Removal.
(a) Until the Trigger Date, subject to the rights of the holders of shares of any series of Preferred Stock, if any, to elect additional directors pursuant to this Amended and Restated Certificate of Incorporation (including any Preferred Stock Designation thereunder) and the then-applicable terms of the Voting Agreement, any director may be removed at any time, either for or without cause, upon the affirmative vote of the holders of a majority of the voting power of the outstanding shares of stock of the Corporation entitled to vote generally for the election of directors, voting together as a single class and acting at a meeting of the stockholders or by written consent (if permitted) in accordance with the DGCL, this Amended and Restated Certificate of Incorporation and the bylaws of the Corporation.
(b) On and after the Trigger Date, subject to the rights of the holders of shares of any series of Preferred Stock, if any, to elect additional directors pursuant to this Amended and Restated Certificate of Incorporation (including any Preferred Stock Designation thereunder) and the then-applicable terms of the Voting Agreement, any director may be removed only for cause, upon the affirmative vote of the holders of at least 75% of the voting power of the outstanding shares of stock of the Corporation entitled to vote generally for the election of directors, voting together as a single class and acting at a meeting of the stockholders in accordance with the DGCL, this Amended and Restated Certificate of Incorporation and the bylaws of the Corporation.
Section 5.4 Number. Subject to the rights of the holders of any series of Preferred Stock to elect directors under specified circumstances, if any, the number of directors shall be fixed from time to time exclusively pursuant to a resolution adopted by the affirmative vote of a majority of the Whole Board. Unless and except to the extent that the bylaws of the Corporation so provide, the election of directors need not be by written ballot. For purposes of this Amended
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and Restated Certificate of Incorporation, the term Whole Board shall mean the total number of authorized directors whether or not there exist any vacancies in previously authorized directorships.
ARTICLE VI
STOCKHOLDER ACTION
Section 6.1 Written Consents.
(a) Prior to the Trigger Date, any action required or permitted to be taken at any annual meeting or special meeting of the stockholders of the Corporation may be taken without a meeting, without prior notice and without a vote of stockholders, if a consent or consents in writing, setting forth the action so taken, is or are signed by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted.
(b) On and after the Trigger Date, subject to the rights of holders of any series of Preferred Stock with respect to such series of Preferred Stock, any action required or permitted to be taken by the stockholders of the Corporation must be taken at a duly held annual or special meeting of stockholders and may not be taken by any consent in writing of such stockholders.
ARTICLE VII
SPECIAL MEETINGS
Section 7.1 Special Meetings. Special meetings of stockholders of the Corporation may be called only by the Board pursuant to a resolution adopted by the affirmative vote of a majority of the Whole Board; provided, however, that prior to the Trigger Date, special meetings of the stockholders of the Corporation may also be called by the Secretary of the Corporation at the request of the holders of record of a majority of the outstanding shares of Common Stock. The authorized person(s) calling a special meeting may fix the time and place, if any, of such special meeting. On and after the Trigger Date, subject to the rights of holders of any series of Preferred Stock, the stockholders of the Corporation do not have the power to call or request a special meeting of stockholders of the Corporation.
ARTICLE VIII
BYLAWS
Section 8.1 Bylaws. In furtherance of, and not in limitation of, the powers conferred by the laws of the State of Delaware, the Board is expressly authorized to adopt, amend or repeal the bylaws of the Corporation. Any adoption, amendment or repeal of the bylaws of the Corporation by the Board shall require the approval of a majority of the Whole Board. A Stockholder shall also have the power to adopt, amend or repeal the bylaws of the Corporation; provided, however, that, in addition to any vote of the holders of any class or series of stock of the Corporation required by law or by this Amended and Restated Certificate of Incorporation, the bylaws of the Corporation shall not be adopted, altered, amended or repealed by the stockholders of the Corporation (i) prior to the Trigger Date, except by the affirmative vote of holders of not less than 50% in voting power of the then-outstanding shares of stock entitled to vote thereon, voting together as a single class, or (ii) on and after the Trigger Date, except by the
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affirmative vote of holders of not less than 66 2⁄3% in voting power of the then-outstanding shares of stock entitled to vote thereon, voting together as a single class. No bylaws hereafter made or adopted, nor any repeal of or amendment thereto, shall invalidate any prior act of the Board that was valid at the time it was taken.
ARTICLE IX
LIMITATION OF DIRECTOR LIABILITY
Section 9.1 Limitation of Director Liability. No director of the Corporation shall be liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, except to the extent such exemption from liability or limitation thereof is not permitted under the DGCL as it now exists. In addition to the circumstances in which a director of the Corporation is not personally liable as set forth in the preceding sentence, a director of the Corporation shall not be liable to the fullest extent permitted by any amendment to the DGCL hereafter enacted that further limits the liability of a director. Any amendment, repeal or modification of this Article IX shall be prospective only and shall not affect any limitation on liability of a director for acts or omissions occurring prior to the date of such amendment, repeal or modification.
ARTICLE X
CORPORATE OPPORTUNITY
Section 10.1 Corporate Opportunities. Members of the NGP Group (defined below) own and will own substantial equity interests in other entities (existing and future) that participate in the energy industry (NGP Portfolio Companies) and may enter into advisory service agreements and other agreements from time to time with those NGP Portfolio Companies. Certain members of the Board may also serve as employees, partners, officers or directors of members of the NGP Group and, at any given time, members of the NGP Group may be in direct or indirect competition with the Corporation and/or its subsidiaries. The Corporation waives, to the maximum extent permitted by law, the application of the doctrine of corporate opportunity (or any analogous doctrine) with respect to the Corporation, to the NGP Group or any directors or officers of the Corporation who are also employees, partners, members, managers, officers or directors of any of the NGP Group. As a result of such waiver, no member of the NGP Group, nor any director or officer of the Corporation who is also an employee, partner, member, manager, officer or director of any member of the NGP Group, shall have any obligation to refrain from: (i) engaging in or managing the same or similar activities or lines of business as the Corporation or any of its subsidiaries or developing or marketing any products or services that compete (directly or indirectly) with those of the Corporation or any of its subsidiaries; (ii) investing in or owning any (public or private) interest in any Person engaged in the same or similar activities or lines of business as, or otherwise in competition with, the Corporation or any of its subsidiaries (including any member of the NGP Group, a Competing Person); (iii) developing a business relationship with any Competing Person; or (iv) entering into any agreement to provide any service(s) to any Competing Person or acting as an officer, director, member, manager or advisor to, or other principal of, any Competing Person, regardless (in the case of each of (i) (iv)) whether such activities are in direct or indirect competition with the business or activities of the Corporation or any of its subsidiaries (the activities described in (i) (iv) are referred to herein as Specified Activities). To the fullest extent permitted by law, the Corporation hereby renounces (for itself and on behalf of its subsidiaries) any interest or
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expectancy in, or in being offered an opportunity to participate in, any Specified Activity that may be presented to or become known to any member of the NGP Group or any director or officer of the Corporation who is also an employee, partner, member, manager, officer or director of any member of the NGP Group.
Section 10.2 Definitions. For purposes of this Article X, the following terms have the following definitions:
Affiliate means, with respect to a specified Person, a Person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, such specified Person, and with respect to any NGP Group member, an Affiliate shall include (i) any Person who is the direct or indirect ultimate holder of Equity Securities (as such term is described in Rule 405 under the Securities Act of 1933, as amended) of such NGP Group member, and (ii) any investment fund, alternative investment vehicle, special purpose vehicle or holding company that is directly or indirectly managed, advised or controlled by such NGP Group member.
NGP Group means the Funds, MRD Holdings LLC, Affiliates of any of the Funds, Memorial Resource Development LLC and/or MRD Holdings LLC other than the Corporation; and all NGP Portfolio Companies.
Person means any individual, corporation, partnership, limited liability company, joint venture, firm, association, or other entity.
To the fullest extent permitted by law, any Person purchasing or otherwise acquiring any interest in any shares of capital stock of the Corporation shall be deemed to have notice of and to have consented to the provisions of this Article X.
ARTICLE XI
AMENDMENT OF CERTIFICATE OF INCORPORATION
Section 11.1 Amendments.
(a) The Corporation shall have the right, subject to any express provisions or restrictions contained in this Amended and Restated Certificate of Incorporation, from time to time, to amend this Amended and Restated Certificate of Incorporation or any provision hereof in any manner now or hereafter provided by applicable law, and all rights and powers of any kind conferred upon a director or stockholder of the Corporation by this Amended and Restated Certificate of Incorporation or any amendment hereof are subject to such right of the Corporation.
(b) Notwithstanding any other provision of this Amended and Restated Certificate of Incorporation or the bylaws of the Corporation (and in addition to any other vote that may be required by applicable law or this Amended and Restated Certificate of Incorporation), prior to the Trigger Date, the affirmative vote of the holders of a majority in voting power of the outstanding shares of stock of the Corporation entitled to vote thereon, voting together as a single class, shall be required to amend, alter or repeal any provision of this Amended and Restated Certificate of Incorporation.
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(c) Notwithstanding any other provision of this Amended and Restated Certificate of Incorporation or the bylaws of the Corporation (and in addition to any other vote that may be required by applicable law or this Amended and Restated Certificate of Incorporation), on and after the Trigger Date, the affirmative vote of the holders of at least 66 2⁄3% in voting power of the outstanding shares of stock of the Corporation entitled to vote thereon, voting together as a single class, shall be required to amend, alter or repeal any provision of this Amended and Restated Certificate of Incorporation; provided, however, that the amendment, alteration or repeal of Section 4.1 shall only require the affirmative vote of the holders of a majority in voting power of the outstanding shares of stock of the Corporation entitled to vote thereon, voting together as a single class.
ARTICLE XII
FORUM SELECTION
Section 12.1 Exclusive Forum. Unless the Corporation consents in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware shall, to the fullest extent permitted by applicable law, be the sole and exclusive forum for any stockholder (including a beneficial owner) to bring (i) any derivative action or proceeding brought on behalf of the Corporation, (ii) any action asserting a claim of breach of a fiduciary duty owed by any director, officer, employee or agent of the Corporation to the Corporation or the Corporations stockholders, (iii) any action asserting a claim against the Corporation, its directors, officers or employees or agents arising pursuant to any provision of the DGCL, this Amended and Restated Certificate of Incorporation or the Corporations bylaws, or (iv) any action asserting a claim against the Corporation, its directors, officers or employees or agents governed by the internal affairs doctrine except as to each of (i) through (iv) above, for any claim as to which the Court of Chancery determines that there is an indispensable party not subject to the jurisdiction of the Court of Chancery (and the indispensable party does not consent to the personal jurisdiction of the Court of Chancery within ten days following such determination), which is vested in the exclusive jurisdiction of a court or forum other than the Court of Chancery, or over which the Court of Chancery does not have subject matter jurisdiction. To the fullest extent permitted by law, any person or entity purchasing or otherwise acquiring any interest in shares of capital stock of the Corporation shall be deemed to have notice of and consented to the provisions of this Article XII.
If any provision or provisions of this Article XII shall be held to be invalid, illegal or unenforceable as applied to any person or entity or circumstance for any reason whatsoever, then, to the fullest extent permitted by law, the validity, legality and enforceability of such provisions in any other circumstance and of the remaining provisions of this Article XII (including, without limitation, each portion of any sentence of this Article XII containing any such provision held to be invalid, illegal or unenforceable that is not itself held to be invalid, illegal or unenforceable) and the application of such provision to other persons or entities and circumstances shall not in any way be affected or impaired thereby.
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Section 12.2 Stockholder Consent to Personal Jurisdiction. To the fullest extent permitted by law, if any action the subject matter of which is within the scope of Section 12.1 above is filed in a court other than a court located within the State of Delaware (a Foreign Action) in the name of any stockholder, such stockholder shall be deemed to have consented to (i) the personal jurisdiction of the state and federal courts located within the State of Delaware in connection with any action brought in any such court to enforce Section 12.1 above (an FSC Enforcement Action) and (ii) having service of process made upon such stockholder in any such FSC Enforcement Action by service upon such stockholders counsel in the Foreign Action as agent for such stockholder.
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IN WITNESS WHEREOF, the undersigned has executed this Amended and Restated Certificate of Incorporation as of this day of , 2014.
MEMORIAL RESOURCE DEVELOPMENT CORP. | ||
By: |
| |
Name: | John A. Weinzierl | |
Title: | Chief Executive Officer |
[Signature Page to Amended and Restated Certificate of Incorporation]
Exhibit 3.2
FORM OF
AMENDED AND RESTATED BYLAWS
OF
MEMORIAL RESOURCE DEVELOPMENT CORP.
Incorporated under the Laws of the State of Delaware
Date of Adoption: , 2014
ARTICLE I
OFFICES AND RECORDS
SECTION 1.1. Registered Office. The registered office of Memorial Resource Development Corp. (the Corporation) in the State of Delaware shall be as set forth in the Amended and Restated Certificate of Incorporation of the Corporation, as it may be amended from time to time (the Certificate of Incorporation), and the name of the Corporations registered agent at such address is as set forth in the Certificate of Incorporation. The registered office and registered agent of the Corporation may be changed from time to time by the board of directors of the Corporation (the Board) in the manner provided by applicable law.
SECTION 1.2. Other Offices. The Corporation may have such other offices, either within or without the State of Delaware, as the Board may designate or as the business of the Corporation may from time to time require.
SECTION 1.3. Books and Records. The books and records of the Corporation may be kept outside the State of Delaware at such place or places as may from time to time be designated by the Board.
ARTICLE II
STOCKHOLDERS
SECTION 2.1. Annual Meeting. If required by applicable law, an annual meeting of the stockholders of the Corporation shall be held at such date, time and place, if any, either within or outside of the State of Delaware, and time as may be fixed by resolution of the Board. The Board may postpone, reschedule or cancel any annual meeting of stockholders previously scheduled by the Board.
SECTION 2.2. Special Meeting. Special meetings of stockholders of the Corporation may be called only by the Board pursuant to a resolution adopted by the affirmative vote of a majority of the Whole Board; provided, however, that prior to the first date on which MRD Holdings LLC, Natural Gas Partners VIII L.P., Natural Gas Partners IX, L.P. and NGP IX Offshore Holdings, L.P. (each, a Fund and collectively, the Funds) and their respective affiliates (as such term is defined in the Certificate of Incorporation) no longer collectively beneficially own (or otherwise have the right to vote or direct the vote of) more than 50% of the outstanding shares of the Corporations common stock, par value $0.01 per share (Common Stock) (the Trigger Date), special meetings of the stockholders of the Corporation may also be called by the Secretary of the Corporation at the request of the holders of record of a majority of the outstanding shares of Common Stock. For purposes of these Bylaws, beneficial ownership of shares shall be determined in accordance with Rule 13d-3 promulgated under the Exchange Act. The authorized person(s) calling a special meeting may fix the time and place, if any, of such meeting. On and after the Trigger Date, subject to the rights of holders of any series of Preferred Stock, the stockholders of the Corporation do not have the power to call or request a special meeting of stockholders of the Corporation. The Board may postpone, reschedule or cancel any special meeting of the stockholders previously scheduled by the Board. For purposes of these Bylaws, the term Whole Board shall mean the total number of authorized directors whether or not there exist any vacancies in previously authorized directorships.
SECTION 2.3. Record Date.
(A) In order that the Corporation may determine the stockholders entitled to notice of any meeting of stockholders or any adjournment thereof, the Board may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board, and which record date shall, unless otherwise required by applicable law, not be more than 60 nor less than ten days before the date of such meeting. If the Board so fixes a date, such date shall also be the record date for determining the stockholders entitled to vote at such meeting unless the Board determines, at the time it fixes such record date, that a later date on or before the date of the meeting shall be the date for making such determination. If no record date is fixed by the Board, the record date for determining stockholders entitled to notice of or to vote at a meeting of stockholders shall be at the close of business on the day next preceding the day on which notice is given, or, if notice is waived, at the close of business on the day next preceding the day on which the meeting is held. A determination of stockholders of record entitled to notice of or to vote at a meeting of stockholders shall apply to any adjournment of the meeting; provided, however, that the Board may fix a new record date for determination of stockholders entitled to vote at the adjourned meeting, and in such case shall also fix as the record date for stockholders entitled to notice of such adjourned meeting the same date as that fixed for determination of stockholders entitled to vote in accordance herewith at the adjourned meeting.
(B) In order that the Corporation may determine the stockholders entitled to receive payment of any dividend or other distribution or allotment of any rights, or entitled to exercise any rights in respect of any change, conversion or exchange of stock or for the purpose of any other lawful action, the Board may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted, and which record date shall not be more than 60 days prior to such action. If no such record date is fixed, the record date for determining stockholders for any such purpose shall be at the close of business on the day on which the Board adopts the resolution relating thereto.
SECTION 2.4. Stockholder List. The officer who has charge of the stock ledger shall prepare and make, at least ten days before every meeting of stockholders, a complete list of stockholders entitled to vote at any meeting of stockholders (provided, however, if the record date for determining the stockholders entitled to vote is less than ten days before the date of the meeting, the list shall reflect the stockholders entitled to vote as of the 10th day before the meeting date), arranged in alphabetical order for each class of stock and showing the address of each such stockholder and the number of shares registered in the name of such stockholder. Such list shall be open to the examination of any stockholder, for any purpose germane to the meeting, during ordinary business hours, for a period of at least ten days prior to the meeting, either on a reasonably accessible electronic network (provided that the information required to gain access to the list is provided with the notice of the meeting) or during ordinary business hours at the principal place of business of the Corporation. The stock list shall also be produced and kept at the time and place of the meeting during the whole time thereof, and may be inspected by any stockholder who is present. If the meeting is to be held solely by means of remote communication, then the list shall also be open to the examination of any stockholder during the whole time of the meeting on a reasonably accessible electronic network, and the information required to access such list shall be provided with the notice of the meeting. Except as otherwise required by applicable law, the stock ledger of the Corporation shall be the only evidence as to who are the stockholders entitled by this section to examine the list required by this section or to vote in person or by proxy at any meeting of the stockholders.
SECTION 2.5. Place of Meeting. The Board, the Chairman of the Board, the Chief Executive Officer or the President, as the case may be, may designate the place of meeting for any annual meeting or for any special meeting of the stockholders. If no designation is so made, the place of meeting shall be the principal executive offices of the Corporation. The Board, acting in its sole discretion, may establish guidelines and procedures in accordance with applicable provisions of the Delaware General Corporation Law (the DGCL) and any other applicable law for the participation by stockholders and proxyholders in a meeting of stockholders by means of remote communications, and may determine that any meeting of stockholders will not be held at any place but will be held solely by means of remote communication. Stockholders and proxyholders complying with such procedures and guidelines and otherwise entitled to vote at a meeting of stockholders shall be deemed present in person and entitled to vote at a meeting of stockholders, whether such meeting is to be held at a designated place or solely by means of remote communication.
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SECTION 2.6. Notice of Meeting. Written notice, stating the place, if any, date and time of the meeting, shall be given not less than ten days nor more than 60 days before the date of the meeting, to each stockholder of record entitled to vote at such meeting. The notice shall specify (i) the record date for determining the stockholders entitled to vote at the meeting (if such date is different from the record date for stockholders entitled to notice of the meeting), (ii) the place, if any, date and time of such meeting, (iii) the means of remote communications, if any, by which stockholders and proxyholders may be deemed to be present in person and vote at such meeting, and (iv) in the case of a special meeting, the purpose or purposes for which such meeting is called. If the stockholder list referred to in Section 2.4 of these Bylaws is made accessible on an electronic network, the notice of meeting must indicate how the stockholder list can be accessed. If the meeting of stockholders is to be held solely by means of electronic communications, the notice of meeting must provide the information required to access such stockholder list during the meeting. If mailed, such notice shall be deemed to be delivered when deposited in the United States mail with postage thereon prepaid, addressed to the stockholder at his address as it appears on the stock transfer books of the Corporation. The Corporation may provide stockholders with notice of a meeting by electronic transmission provided such stockholders have consented to receiving electronic notice in accordance with the DGCL. Such further notice shall be given as may be required by applicable law. Only such business shall be conducted at a special meeting of stockholders as shall have been brought before the meeting pursuant to the notice of meeting.
SECTION 2.7. Quorum and Adjournment of Meetings.
(A) Except as otherwise required by applicable law or by the Certificate of Incorporation, the holders of a majority of the voting power of all of the outstanding shares of stock of the Corporation entitled to vote at the meeting (the Voting Stock), represented in person or by proxy, shall constitute a quorum at a meeting of stockholders, except that when specified business is to be voted on by a class or series of stock voting as a class, the holders of a majority of the voting power of all of the outstanding shares of such class or series shall constitute a quorum of such class or series for the transaction of such business. The chairman of the meeting or the affirmative vote of a majority of the voting power of the outstanding shares so represented may adjourn the meeting from time to time, whether or not there is such a quorum. The stockholders present at a duly called meeting at which a quorum is present may continue to transact business until adjournment, notwithstanding the withdrawal of enough stockholders to leave less than a quorum.
(B) Any meeting of stockholders, annual or special, may adjourn from time to time to reconvene at the same or some other place, and notice need not be given of any such adjourned meeting if the time and place thereof are announced at the meeting at which the adjournment is taken; provided, however, that if the adjournment is for more than thirty (30) days, a notice of the adjourned meeting shall be given to each stockholder of record entitled to vote at the meeting. At the adjourned meeting, the Corporation may transact any business that might have been transacted at the original meeting.
SECTION 2.8. Proxies. At all meetings of stockholders, a stockholder may vote by proxy executed in writing (or in such other manner prescribed by the DGCL) by the stockholder or by his duly authorized attorney-in-fact. Any copy, facsimile transmission or other reliable reproduction of the writing or transmission created pursuant to this section may be substituted or used in lieu of the original writing or transmission for any and all purposes for which the original writing or transmission could be used, provided that such copy, facsimile transmission or other reproduction shall be a complete reproduction of the entire original writing or transmission. No proxy may be voted or acted upon after the expiration of three years from the date of such proxy, unless such proxy provides for a longer period. Every proxy is revocable at the pleasure of the stockholder executing it unless the proxy states that it is irrevocable and applicable law makes it irrevocable. A stockholder may revoke any proxy that is not irrevocable by attending the meeting and voting in person or by filing an instrument in writing revoking the proxy or by filing another duly executed proxy bearing a later date with the Secretary of the Corporation.
SECTION 2.9. Notice of Stockholder Business and Nominations.
(A) Annual Meetings of Stockholders.
(1) Nominations of persons for election to the Board and the proposal of other business to be considered by the stockholders at an annual meeting of stockholders may be made only
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(a) pursuant to the Corporations notice of meeting (or any supplement thereto), (b) by or at the direction of the Board or any committee thereof or (c) by any stockholder of the Corporation who (i) was a stockholder of record at the time of giving of notice provided for in these Bylaws and at the time of the annual meeting, (ii) is entitled to vote at the meeting and (iii) complies with the notice procedures set forth in these Bylaws as to such business or nomination; Section 2.9(A)(2) of these Bylaws shall be the exclusive means for a stockholder to make nominations or submit other business (other than matters properly brought under Rule 14a-8 under the Securities Exchange Act of 1934, and included in the Corporations notice of meeting) before an annual meeting of the stockholders.
(2) For any nominations or any other business to be properly brought before an annual meeting by a stockholder pursuant to Section 2.9(A)(2) of these Bylaws, (a) the stockholder must have given timely notice thereof in writing to the Secretary of the Corporation, (b) such other business must otherwise be a proper matter for stockholder action under the DGCL and (c) the record stockholder and the beneficial owner, if any, on whose behalf any such proposal or nomination is made, must have acted in accordance with the representations set forth in the Solicitation Statement required by these Bylaws. To be timely, a stockholders notice shall be received by the Secretary of the Corporation at the principal executive offices of the Corporation not earlier than the close of business on the 120th day and not later than the close of business on the 90th day prior to the first anniversary of the preceding years annual meeting (which anniversary, in the case of the first annual meeting of stockholders following the close of the Corporations initial public offering, shall be deemed to be May 1, 2015; provided, however, that subject to the following sentence, in the event that the date of the annual meeting is more than 30 days before or more than 60 days after such anniversary date, notice by the stockholder to be timely must be so received not earlier than the close of business on the 120th day prior to the date of such annual meeting and not later than the close of business on the later of the 90th day prior to such annual meeting or the 10th day following the day on which public announcement of the date of such meeting is first made by the Corporation. In no event shall any adjournment or postponement of an annual meeting or the announcement thereof commence a new time period for the giving of a stockholders notice as described above. To be in proper form, a stockholders notice (whether given pursuant to this Section 2.9(A)(2) or Section 2.9(B)) to the Secretary of the Corporation must:
(a) set forth, as to the stockholder giving the notice and the beneficial owner, if any, on whose behalf the nomination or proposal is made (i) the name and address of such stockholder, as they appear on the Corporations books, and of such stockholders Stockholder Associated Person (as defined in Section 2.9(C)(2)), if any, (ii) (A) the class or series and number of shares of the Corporation that are, directly or indirectly, owned beneficially and of record by such stockholder and such beneficial owner, (B) any option, warrant, convertible security, stock appreciation right, or similar right with an exercise or conversion privilege or a settlement payment or mechanism at a price related to any class or series of shares of the Corporation or with a value derived in whole or in part from the value of any class or series of shares of the Corporation, whether or not such instrument or right shall be subject to settlement in the underlying class or series of stock of the Corporation or otherwise (a Derivative Instrument), directly or indirectly owned beneficially by such stockholder or by any Stockholder Associated Person and any other direct or indirect opportunity to profit or share in any profit derived from any increase or decrease in the value of shares of the Corporation, (C) a description of any proxy, contract, arrangement, understanding or relationship pursuant to which such stockholder or any Stockholder Associated Person has a right to vote, directly or indirectly, any shares of any security of the Corporation, (D) any short interest in any security of the Corporation held by such stockholder or any Stockholder Associated Person (for purposes of these Bylaws a person shall be deemed to have a short interest in a security if such person directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, has the opportunity to profit or share in any profit derived from any decrease in the value of the subject security), (E) any rights to dividends on the shares of the Corporation owned beneficially by such stockholder or by any Stockholder Associated Person that are separated or separable from the underlying shares of the Corporation, (F) any proportionate interest in shares of the Corporation or Derivative Instruments held, directly or indirectly, by a general or limited partnership in which such stockholder or any Stockholder Associated Person is a general partner or, directly or
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indirectly, beneficially owns an interest in a general partner and (G) any performance-related fees (other than an asset-based fee) that such stockholder or any Stockholder Associated Person is entitled to based on any increase or decrease in the value of shares of the Corporation or Derivative Instruments, if any, as of the date of such notice, including without limitation any such interests held by members of such stockholders or any Stockholder Associated Persons immediate family sharing the same household (which information shall be supplemented by such stockholder and any Stockholder Associated Person, if any, not later than ten days after the record date for determining the stockholders entitled to vote at the meeting to disclose such ownership as of the record date; provided, that if such date is after the date of the meeting, not later than the day prior to the meeting), (iii) any other information relating to such stockholder and any Stockholder Associated Person, if any, that would be required to be disclosed in a proxy statement or other filings required to be made in connection with solicitations of proxies for, as applicable, the proposal or for the election of directors in a contested election pursuant to Section 14 of the Exchange Act and the rules and regulations promulgated thereunder, (iv) a representation that the stockholder is a holder of record of stock of the Corporation entitled to vote at such meeting and intends to appear in person or by proxy at the meeting to bring such nomination or other business before the meeting, and (v) a representation as to whether or not such stockholder or any Stockholder Associated Person will (vi) deliver a proxy statement or form of proxy to holders of at least the percentage of the voting power of the Corporations outstanding stock required to approve or adopt the proposal or, in the case of a nomination or nominations, at least the percentage of the voting power of the Corporations outstanding stock reasonably believed by the stockholder or Stockholder Associated Person, as the case may be, to be sufficient to elect such nominee or nominees (such representation a Solicitation Statement). If requested by the Corporation, the information required under clauses (a)(i) and (ii) of the preceding sentence of this Section 2.9(A)(2)(a) shall be supplemented by such stockholder and any such Stockholder Associated Person not later than ten days after the record date for notice of the meeting to disclose such information as of such record date;
(b) if the notice relates to any business other than a nomination of a director or directors that the stockholder proposes to bring before the meeting, set forth (i) a brief description of the business desired to be brought before the meeting, the reasons for conducting such business at the meeting and any material interest of such stockholder and Stockholder Associated Person, if any, in such business and (ii) a description of all agreements, arrangements and understandings between such stockholder and Stockholder Associated Person, if any, and any other person(s) or entity or entities (including their names) in connection with the proposal of such business by such stockholder;
(c) set forth, as to each person, if any, whom the stockholder proposes to nominate for election or reelection to the Board (i) all information relating to such person that would be required to be disclosed in a proxy statement or other filings required to be made in connection with solicitations of proxies for election of directors in a contested election pursuant to Section 14 of the Exchange Act and the rules and regulations promulgated thereunder (including such persons written consent to being named in the proxy statement as a nominee and to serving as a director if elected) and (ii) a description of all direct and indirect compensation and other material monetary agreements, arrangements and understandings during the past three years, and any other material relationships, between or among such stockholder and Stockholder Associated Person, if any, and their respective affiliates and associates, or others acting in concert therewith, on the one hand, and each proposed nominee, and his respective affiliates and associates, or others acting in concert therewith, on the other hand, including, without limitation all information that would be required to be disclosed pursuant to Rule 404 promulgated under Regulation S-K if the stockholder making the nomination and any beneficial owner on whose behalf the nomination is made, if any, or any affiliate or associate thereof or person acting in concert therewith, were the registrant for purposes of such rule and the nominee were a director or executive officer of such registrant; and
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(d) with respect to each nominee for election or reelection to the Board, include a completed and signed questionnaire, representation and agreement in a form provided by the Corporation. The Corporation may require any proposed nominee to furnish such other information as may reasonably be required by the Corporation to determine the eligibility of such proposed nominee to serve as an independent director of the Corporation or that could be material to a reasonable stockholders understanding of the independence, or lack thereof, of such nominee.
(3) Notwithstanding anything in the second sentence of Section 2.9(A)(2) of these Bylaws to the contrary, in the event that the number of directors to be elected to the Board is increased and there is no public announcement by the Corporation naming all of the nominees for director or specifying the size of the increased Board at least 10 days before the last day a record stockholder may deliver a notice of nomination in accordance with the second sentence of Section 2.9(A)(2), a stockholders notice required by these Bylaws shall also be considered timely, but only with respect to nominees for any new positions created by such increase, if it shall be received by the Secretary of the Corporation at the principal executive offices of the Corporation not later than the close of business on the 10th day following the day on which such public announcement is first made by the Corporation.
(B) Special Meetings of Stockholders.
Following the Trigger Date, only such business shall be conducted at a special meeting of stockholders as shall have been brought before the meeting by or at the direction of the Board. Nominations of persons for election to the Board may be made at a special meeting of stockholders at which directors are to be elected pursuant to a notice of meeting (a) by or at the direction of the Board or any committee thereof (or stockholders pursuant to Article VII of the Certificate of Incorporation and Section 2.2 of these Bylaws prior to the Trigger Date) or (b) provided, that the Board (or stockholders pursuant to Article VII of the Certificate of Incorporation and Section 2.2 of these Bylaws prior to the Trigger Date) has determined that directors shall be elected at such meeting, by any stockholder of the Corporation who (i) is a stockholder of record at the time of giving of notice provided for in these Bylaws and at the time of the special meeting, (ii) is entitled to vote at the meeting, and (iii) complies with the notice procedures set forth in these Bylaws. The proposal by stockholders of other business to be conducted at a special meeting of stockholders may be made only in accordance with Article VII of the Certificate of Incorporation prior to the Trigger Date. In the event a special meeting of stockholders is called for the purpose of electing one or more directors to the Board, any such stockholder may nominate a person or persons (as the case may be), for election to such position(s) as specified in the Corporations notice of meeting, if the stockholder delivers notice with the information required by Section 2.9(A)(2) of these Bylaws with respect to any nomination (including the completed and signed questionnaire, representation and agreement required by Section 2.9(A)(2) of these Bylaws). Such notice shall be delivered to the Secretary of the Corporation at the principal executive offices of the Corporation not earlier than the close of business on the 120th day prior to such special meeting and not later than the close of business on the later of the 90th day prior to such special meeting or the 10th day following the day on which public announcement is first made of the date of the special meeting and of the nominees proposed by the Board to be elected at such meeting. In no event shall the public announcement of an adjournment or postponement of a special meeting commence a new time period for the giving of a stockholders notice as described above.
(C) General.
(1) Only such persons who are nominated in accordance with the procedures set forth in these Bylaws shall be eligible to serve as directors, and only such business shall be conducted at a meeting of stockholders as shall have been brought before the meeting in accordance with the procedures set forth in these Bylaws. Except as otherwise provided by applicable law, the Certificate of Incorporation or these Bylaws, the chairman of the meeting shall have the power and duty to determine whether a nomination or any business proposed to be brought before the meeting was made or proposed, as the case may be, in accordance with the procedures set forth in these Bylaws and, if any proposed nomination or business is not in compliance with these Bylaws, to declare that such defective proposal or nomination shall be disregarded.
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(2) For purposes of these Bylaws, public announcement shall mean disclosure in a press release reported by Dow Jones News Service, the Associated Press, or any other national news service or in a document publicly filed by the Corporation with the Securities and Exchange Commission pursuant to Section 13, 14 or 15(d) of the Exchange Act and the rules and regulations promulgated thereunder and Stockholder Associated Person shall mean for any stockholder (i) any person or entity controlling, directly or indirectly, or acting in concert with, such stockholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such stockholder, or (iii) any person or entity controlling, controlled by or under common control with any person or entity referred to in the preceding clauses (i) and (ii).
(3) Notwithstanding the foregoing provisions of these Bylaws, a stockholder shall also comply with all applicable requirements of the Exchange Act and the rules and regulations thereunder with respect to the matters set forth in these Bylaws; provided, however, that any references in these Bylaws to the Exchange Act or the rules promulgated thereunder are not intended to and shall not limit the requirements applicable to nominations or proposals as to any other business to be considered pursuant to Section 2.9(A) or Section 2.9(B) of these Bylaws. Nothing in these Bylaws shall be deemed to affect any rights (i) of stockholders to request inclusion of proposals in the Corporations proxy statement pursuant to Rule 14a-8 under the Exchange Act or (ii) of the holders of any series of preferred stock of the Corporation (Preferred Stock) if and to the extent provided for under applicable law or the Certificate of Incorporation.
(4) The Corporation may require any proposed stockholder nominee for director to furnish such other information as it may reasonably require to determine the eligibility of such proposed nominee to serve as a director of the Corporation. Unless otherwise required by law, if the stockholder (or a qualified representative of the stockholder) making a nomination or proposal under this Section 2.9 does not appear at a meeting of stockholders to present such nomination or proposal, the nomination shall be disregarded and the proposed business shall not be transacted, as the case may be, notwithstanding that proxies in favor thereof may have been received by the Corporation. For purposes of this Section 2.9, to be considered a qualified representative of the stockholder, a person must be a duly authorized officer, manager or partner of such stockholder or must be authorized by a writing executed by such stockholder or an electronic transmission delivered by such stockholder to act for such stockholder as proxy at the meeting of stockholders and such person must produce such writing or electronic transmission, or a reliable reproduction of the writing or electronic transmission, at the meeting of stockholders.
SECTION 2.10. Conduct of Business. The date and time of the opening and the closing of the polls for each matter upon which the stockholders will vote at a meeting shall be announced at the meeting by the person presiding over the meeting. The Board may adopt by resolution such rules and regulations for the conduct of the meeting of stockholders as it shall deem appropriate. Except to the extent inconsistent with such rules and regulations as adopted by the Board, the person presiding over any meeting of stockholders shall have the right and authority to convene and (for any or no reason) to recess and/or adjourn the meeting, to prescribe such rules, regulations and procedures and to do all such acts as, in the judgment of such presiding person, are appropriate for the proper conduct of the meeting. Such rules, regulations or procedures, whether adopted by the Board or prescribed by the presiding person of the meeting, may include, without limitation, the following: (i) the establishment of an agenda or order of business for the meeting; (ii) rules and procedures for maintaining order at the meeting and the safety of those present; (iii) limitations on attendance at or participation in the meeting to stockholders entitled to vote at the meeting, their duly authorized and constituted proxies or such other persons as the presiding person of the meeting shall determine; (iv) restrictions on entry to the meeting after the time fixed for the commencement thereof; and (v) limitations on the time allotted to questions or comments by participants. The presiding person at any meeting of stockholders, in addition to making any other determinations that may be appropriate to the conduct of the meeting, shall, if the facts warrant, determine and declare to the meeting that a matter or business was not properly brought before the meeting and if such presiding person should so determine, such presiding person shall so declare to the meeting and any such matter or business not properly brought before the meeting shall not be transacted or considered. Unless and to the extent determined by the Board or the person presiding over the meeting, meetings of stockholders shall not be required to be held in accordance with the rules of parliamentary procedure.
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SECTION 2.11. Required Vote. Subject to the rights of the holders of any series of Preferred Stock to elect directors under specified circumstances, at any meeting at which directors are to be elected, so long as a quorum is present, the directors shall be elected by a plurality of the votes validly cast in such election. Unless otherwise provided in the Certificate of Incorporation, cumulative voting for the election of directors shall be prohibited. Except as otherwise required by applicable law, the rules and regulations of any stock exchange applicable to the Corporation, the Certificate of Incorporation, or these Bylaws, in all matters other than the election of directors and certain non-binding advisory votes described below, the affirmative vote of a majority of the voting power of the outstanding shares present in person or represented by proxy at the meeting and entitled to vote on the matter shall be the act of the stockholders. In non-binding advisory matters with more than two possible vote choices, the affirmative vote of a plurality of the voting power of the outstanding shares present in person or represented by proxy at the meeting and entitled to vote on the matter shall be the recommendation of the stockholders.
SECTION 2.12. Treasury Stock. The Corporation shall not vote, directly or indirectly, shares of its own stock belonging to it or any other corporation, if a majority of shares entitled to vote in the election of directors of such corporation is held, directly or indirectly by the Corporation, and such shares will not be counted for quorum purposes; provided, however, that the foregoing shall not limit the right of the Corporation or such other corporation, to vote stock of the Corporation held in a fiduciary capacity.
SECTION 2.13. Inspectors of Elections; Opening and Closing the Polls. The Corporation may, and when required by applicable law, shall, appoint one or more inspectors, which inspector or inspectors may include individuals who serve the Corporation in other capacities, including, without limitation, as officers, employees, agents or representatives, to act at the meetings of stockholders and make a written report thereof. One or more persons may be designated as alternate inspectors to replace any inspector who fails to act. If no inspector or alternate has been appointed to act or is able to act at a meeting of stockholders and the appointment of an inspector is required by applicable law, the chairman of the meeting shall appoint one or more inspectors to act at the meeting. Each inspector, before discharging his duties, shall take and sign an oath to faithfully execute the duties of inspector with strict impartiality and according to the best of his ability. The inspectors shall have the duties prescribed by applicable law.
SECTION 2.14. Stockholder Action by Written Consent. Prior to the Trigger Date, any action required or permitted to be taken at any annual meeting or special meeting of the stockholders of the Corporation may be taken without a meeting, without prior notice and without a vote of stockholders, if a consent or consents in writing, setting forth the action so taken, is or are signed by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted. On and after the Trigger Date, subject to the rights of holders of any series of Preferred Stock with respect to such series of Preferred Stock, any action required or permitted to be taken by the stockholders of the Corporation must be taken at a duly held annual or special meeting of stockholders and may not be taken by any consent in writing of such stockholders.
ARTICLE III
BOARD OF DIRECTORS
SECTION 3.1. General Powers. The business and affairs of the Corporation shall be managed by or under the direction of the Board elected in accordance with these Bylaws. In addition to the powers and authorities by these Bylaws expressly conferred upon them, the Board may exercise all such powers of the Corporation and do all such lawful acts and things as are not by statute or by the Certificate of Incorporation or by these Bylaws required to be exercised or done by the stockholders. The directors shall act only as a Board, and the individual directors shall have no power as such.
SECTION 3.2. Number, Tenure and Qualifications. Subject to the rights of the holders of any series of Preferred Stock to elect directors under specified circumstances, if any, the number of directors shall be fixed from time to time exclusively pursuant to a resolution adopted by a majority of the Whole Board. The election and term of directors shall be as set forth in the Certificate of Incorporation.
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SECTION 3.3. Regular Meetings. Subject to Section 3.5, regular meetings of the Board shall be held on such dates, and at such times and places, as are determined from time to time by resolution of the Board.
SECTION 3.4. Special Meetings. Special meetings of the Board shall be called at the request of the Chairman of the Board, the Chief Executive Officer or a majority of the Board then in office. The person or persons authorized to call special meetings of the Board may fix the place, if any, date and time of the meetings. Any business may be conducted at a special meeting of the Board.
SECTION 3.5. Notice. Notice of any special meeting of directors shall be given to each director at his business or residence in writing by hand delivery, first-class or overnight mail, courier service or facsimile or electronic transmission or orally by telephone. If mailed by first-class mail, such notice shall be deemed adequately delivered when deposited in the United States mails so addressed, with postage thereon prepaid, at least five days before such meeting. If by overnight mail or courier service, such notice shall be deemed adequately delivered when the notice is delivered to the overnight mail or courier service company at least 24 hours before such meeting. If by facsimile or electronic transmission, such notice shall be deemed adequately delivered when the notice is transmitted at least 24 hours before such meeting. If by telephone or by hand delivery, the notice shall be given at least 24 hours prior to the time set for the meeting and shall be confirmed by facsimile or electronic transmission that is sent promptly thereafter. Neither the business to be transacted at, nor the purpose of, any regular or special meeting of the Board need be specified in the notice of such meeting, except for amendments to these Bylaws, as provided under Section 8.1.
SECTION 3.6. Action by Consent of Board. Any action required or permitted to be taken at any meeting of the Board or of any committee thereof may be taken without a meeting if all members of the Board or committee, as the case may be, consent thereto in writing, including by electronic transmission, and the writing or writings or electronic transmissions are filed with the minutes of proceedings of the Board or committee. Such filing shall be in paper form if the minutes are maintained in paper form and shall be in electronic form if the minutes are maintained in electronic form. Such consent shall have the same force and effect as a unanimous vote at a meeting, and may be stated as such in any document or instrument filed with the Secretary of State of the State of Delaware.
SECTION 3.7. Conference Telephone Meetings. Members of the Board or any committee thereof may participate in a meeting of the Board or such committee by means of conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each other, and such participation in a meeting shall constitute presence in person at such meeting.
SECTION 3.8. Quorum. A whole number of directors equal to at least a majority of the Whole Board shall constitute a quorum for the transaction of business, but if at any meeting of the Board there shall be less than a quorum present, a majority of the directors present may, to the fullest extent permitted by law, adjourn the meeting from time to time without further notice unless (i) the date, time and place, if any, of the adjourned meeting are not announced at the time of adjournment, in which case notice conforming to the requirements of Section 3.5 of these Bylaws shall be given to each director, or (ii) the meeting is adjourned for more than 24 hours, in which case the notice referred to in clause (i) shall be given to those directors not present at the announcement of the date, time and place of the adjourned meeting. Except as otherwise expressly required by law, the Certificate of Incorporation or the Bylaws, all matters shall be determined by the affirmative vote of a majority of the directors present at a meeting at which a quorum is present. To the fullest extent permitted by law, the directors present at a duly organized meeting may continue to transact business until adjournment, notwithstanding the withdrawal of enough directors to leave less than a quorum.
SECTION 3.9. Vacancies. Subject to applicable law and the rights of holders of any series of Preferred Stock then outstanding, any newly created directorship that results from an increase in the number of directors or any vacancy on the Board that results from the death, resignation, disqualification or removal of any director or from any other cause shall, unless otherwise required by law or by resolution of the Board, be filled solely by the affirmative vote of a majority of the total number of directors then in office, even if less than a quorum, or by a sole remaining director and shall not be filled by the stockholders. Any director elected to fill a vacancy not resulting from an increase in the number of directors shall hold office for the remaining term of his predecessor. No decrease in the number of authorized directors constituting the Board shall shorten the term of any incumbent director.
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SECTION 3.10. Removal. Until the Trigger Date, subject to the rights of the holders of shares of any series of Preferred Stock, if any, to elect additional directors pursuant to the Certificate of Incorporation (including any certificate of designation thereunder), any director may be removed at any time, either for or without cause, upon the affirmative vote of the holders of a majority of the voting power of the outstanding shares of stock of the Corporation entitled to vote generally for the election of directors, voting together as a single class. On and after the Trigger Date, subject to the rights of the holders of shares of any series of Preferred Stock, if any, to elect additional directors pursuant to the Certificate of Incorporation (including any certificate of designation thereunder), any director may be removed only for cause, upon the affirmative vote of the holders of at least 75% of the outstanding shares of stock of the Corporation entitled to vote generally for the election of directors, voting together as a single class.
SECTION 3.11. Records. The Board shall cause to be kept a record containing the minutes of the proceedings of the meetings of the Board and of the stockholders, appropriate stock books and registers and such books of records and accounts as may be necessary for the proper conduct of the business of the Corporation.
SECTION 3.12. Compensation. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board shall have authority to fix the compensation of directors, including fees and reimbursement of expenses.
SECTION 3.13. Regulations. To the extent consistent with applicable law, the Certificate of Incorporation and these Bylaws, the Board may adopt such rules and regulations for the conduct of meetings of the Board and for the management of the affairs and business of the Corporation as the Board may deem appropriate.
SECTION 3.14. Board Observers. To the extent provided by the Voting Agreement, dated as of , between the Corporation, MRD Holdings LLC and the other parties thereto (the Voting Agreement) and to the fullest extent permitted by law, certain parties to such agreement shall have the right to designate an individual who may attend (in a non-voting observer capacity) each meeting of the Board. The Board and the Corporation shall comply with the Voting Agreement.
ARTICLE IV
COMMITTEES
SECTION 4.1. Designation; Powers. The Board may designate one or more committees, each committee to consist of one or more of the directors of the Corporation. Any such committee, to the extent permitted by applicable law and to the extent provided in the resolution of the Board, shall have and may exercise all the powers and authority of the Board in the management of the business and affairs of the Corporation, and may authorize the seal of the Corporation to be affixed to all papers which may require it.
SECTION 4.2. Procedure; Meetings; Quorum. Any committee designated pursuant to Section 4.1 shall choose its own chairman by a majority vote of the members then in attendance in the event the chairman has not been selected by the Board, shall keep regular minutes of its proceedings, and shall meet at such times and at such place or places as may be provided by the charter of such committee or by resolution of such committee or resolution of the Board. At every meeting of any such committee, the presence of a majority of all the members thereof shall constitute a quorum and the affirmative vote of a majority of the members present shall be necessary for the adoption by it of any resolution. The Board shall adopt a charter for each committee for which a charter is required by applicable laws, regulations or stock exchange rules, may adopt a charter for any other committee, and may adopt other rules and regulations for the governance of any committee not inconsistent with the provisions of these Bylaws or any such charter, and each committee may adopt its own rules and regulations of governance, to the extent not inconsistent with these Bylaws or any charter or other rules and regulations adopted by the Board.
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SECTION 4.3. Substitution of Members. The Board may designate one or more directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of such committee. In the absence or disqualification of a member of a committee, the member or members present at any meeting and not disqualified from voting, whether or not constituting a quorum, may unanimously appoint another member of the Board to act at the meeting in the place of the absent or disqualified member.
ARTICLE V
OFFICERS
SECTION 5.1. Officers. The officers of the Corporation shall be a Chairman of the Board, a Chief Executive Officer, a President, a Secretary, a Treasurer and such other officers as the Board from time to time may deem proper. The Chairman of the Board shall be chosen from among the directors. All officers elected by the Board shall each have such powers and duties as generally pertain to their respective offices, subject to the specific provisions of this Article V. Such officers shall also have such powers and duties as from time to time may be conferred by the Board or by any committee thereof or, with respect to any Senior Vice President, Vice President, Treasurer or Secretary, by the Chairman of the Board, Chief Executive Officer or President. The Board or any committee thereof may from time to time elect, or the Chairman of the Board, Chief Executive Officer or President may appoint, such other officers (including a Chief Financial Officer, Chief Operating Officer and one or more Vice Presidents, Assistant Secretaries and Assistant Treasurers) and such agents, as may be necessary or desirable for the conduct of the business of the Corporation. Such other officers and agents shall have such duties and shall hold their offices for such terms as shall be provided in these Bylaws or as may be prescribed by the Board or such committee thereof or by the Chairman of the Board, Chief Executive Officer or President, as the case may be. Any number of offices may be held by the same person.
SECTION 5.2. Election and Term of Office. Each officer shall hold office until his successor shall have been duly elected or appointed and shall have qualified or until his death or until he shall resign, but any officer may be removed from office at any time by the affirmative vote of a majority of the Board or, except in the case of an officer elected by the Board, by the Chairman of the Board, Chief Executive Officer or President. Such removal shall be without prejudice to the contractual rights, if any, of the person so removed. No elected officer shall have any contractual rights against the Corporation for compensation by virtue of such election beyond the date of the election of his successor, his death, his resignation or his removal, whichever event shall first occur, except as otherwise provided in an employment contract or under an employee deferred compensation plan.
SECTION 5.3. Chairman of the Board. The Chairman of the Board shall preside at all meetings of the stockholders and of the Board. The Chairman of the Board shall be responsible for the general management of the affairs of the Corporation and shall perform all duties incidental to his office that may be required by law and all such other duties as are properly required of him by the Board. He shall make reports to the Board, and shall see that all orders and resolutions of the Board and of any committee thereof are carried into effect. The Chairman of the Board may also serve as Chief Executive Officer, if so elected by the Board.
SECTION 5.4. Chief Executive Officer. The Chief Executive Officer shall act in a general executive capacity and shall assist the Chairman of the Board in the administration and operation of the Corporations business and general supervision of its policies and affairs. The Chief Executive Officer shall, in the absence of or because of the inability to act of the Chairman of the Board, perform all duties of the Chairman of the Board and preside at all meetings of stockholders and of the Board. The Chief Executive Officer shall have the authority to sign, in the name and on behalf of the Corporation, checks, orders, contracts, leases, notes, drafts and all other documents and instruments in connection with the business of the Corporation.
SECTION 5.5. President. The President shall be the chief operating officer of the Corporation and shall, subject to the authority of the Chief Executive Officer and the Board, have general management and control of the day-to-day business operations of the Corporation and shall consult with and report to the Chief Executive Officer. The President shall put into operation the business policies of the Corporation as determined by the Chief Executive Officer and the Board and as communicated to the President by the Chief Executive Officer and the Board. In the absence (or inability or refusal to act) of the Chairman of the Board and Chief Executive Officer, the President (if he or she shall be a director) shall preside when present at all meetings of the stockholders and the Board.
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SECTION 5.6. Senior Vice Presidents and Vice Presidents. Each Senior Vice President and Vice President, if any, shall have such powers and shall perform such duties as shall be assigned to him by the Board or the Chairman of the Board, the Chief Executive Officer, or the President.
SECTION 5.7. Treasurer. The Treasurer shall exercise general supervision over the receipt, custody and disbursement of corporate funds. He shall have such further powers and duties and shall be subject to such directions as may be granted or imposed upon him from time to time by the Board, the Chairman of the Board, the Chief Executive Officer or the President.
SECTION 5.8. Secretary. The Secretary shall keep or cause to be kept in one or more books provided for that purpose, the minutes of all meetings of the Board, the committees of the Board and the stockholders; he shall see that all notices are duly given in accordance with the provisions of these Bylaws and as required by applicable law; he shall be custodian of the records and the seal of the Corporation and affix and attest the seal to all stock certificates of the Corporation (unless the seal of the Corporation on such certificates shall be a facsimile, as hereinafter provided) and affix and attest the seal to all other documents to be executed on behalf of the Corporation under its seal; and he shall see that the books, reports, statements, certificates and other documents and records required by law to be kept and filed are properly kept and filed; and in general, he shall perform all the duties incident to the office of Secretary and such other duties as from time to time may be assigned to him by the Board, the Chairman of the Board, the Chief Executive Officer or the President.
SECTION 5.9. Vacancies. A newly created elected office and a vacancy in any elected office because of death, resignation, or removal may be filled by the Board for the unexpired portion of the term at any meeting of the Board. Any vacancy in an office appointed by the Chairman of the Board, the Chief Executive Officer or the President because of death, resignation, or removal may be filled by the Chairman of the Board, the Chief Executive Officer or the President.
SECTION 5.10. Action with Respect to Securities of Other Corporations. Unless otherwise directed by the Board, the Chief Executive Officer or any officer authorized by the Chairman of the Board, the Chief Executive Officer, or the President, shall have power to vote and otherwise act on behalf of the Corporation, in person or by proxy, at any meeting of security holders of or with respect to any action of security holders of any other corporation in which the Corporation may hold securities and otherwise to exercise any and all rights and powers that the Corporation may possess by reason of its ownership of securities in such other corporation.
SECTION 5.11. Delegation. The Board may from time to time delegate the powers and duties of any officer to any other officer or agents, notwithstanding any provision hereof.
ARTICLE VI
STOCK CERTIFICATES AND TRANSFERS
SECTION 6.1. Stock Certificates and Transfers. The interest of each stockholder of the Corporation shall be evidenced by certificates for shares of stock in such form as the appropriate officers of the Corporation may from time to time prescribe, provided that the Board may provide by resolution or resolutions that some or all of any or all classes or series of its stock may be uncertificated shares. The shares of the stock of the Corporation shall be entered in the books of the Corporation as they are issued and shall exhibit the holders name and number of shares. Subject to the provisions of the Certificate of Incorporation, the shares of the stock of the Corporation shall be transferred on the books of the Corporation, which may be maintained by a third-party registrar or transfer agent, by the holder thereof in person or by his attorney, upon surrender for cancellation of certificates for at least the same number of shares, with an assignment and power of transfer endorsed thereon or attached thereto, duly executed, with such proof of the authenticity of the signature as the Corporation or its agents may reasonably require or upon receipt of proper transfer instructions from the registered holder of uncertificated shares and upon compliance with appropriate procedures for transferring shares in uncertificated form, at which time the Corporation shall issue a new certificate to the person entitled thereto (if the stock is then represented by certificates), cancel the old certificate and record the transaction upon its books.
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Each certificated share of stock shall be signed, countersigned and registered in the manner required by law. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Corporation with the same effect as if he were such officer, transfer agent or registrar at the date of issue.
SECTION 6.2. Lost, Stolen or Destroyed Certificates. No certificate for shares or uncertificated shares of stock in the Corporation shall be issued in place of any certificate alleged to have been lost, destroyed or stolen, except on production of such evidence of such loss, destruction or theft and on delivery to the Corporation of a bond of indemnity in such amount, upon such terms and secured by such surety, as the Board or any financial officer may in its or his discretion require.
SECTION 6.3. Ownership of Shares. The Corporation shall be entitled to treat the holder of record of any share or shares of stock of the Corporation as the holder in fact thereof and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such share or shares on the part of any other person, whether or not it shall have express or other notice thereof, except as otherwise required by the laws of the State of Delaware.
SECTION 6.4. Regulations Regarding Certificates. The Board shall have the power and authority to make all such rules and regulations concerning the issue, transfer and registration or the replacement of certificates for shares of stock of the Corporation. The Corporation may enter into additional agreements with stockholders to restrict the transfer of stock of the Corporation in any manner not prohibited by the DGCL.
ARTICLE VII
MISCELLANEOUS PROVISIONS
SECTION 7.1. Fiscal Year. The fiscal year of the Corporation shall begin on the first day of January and end on the thirty-first day of December of each year.
SECTION 7.2. Dividends. Except as otherwise provided by law or the Certificate of Incorporation, the Board may from time to time declare, and the Corporation may pay, dividends on its outstanding shares of stock, which dividends may be paid in either cash, property or shares of stock of the Corporation. A member of the Board, or a member of any committee designated by the Board, shall be fully protected in relying in good faith upon the records of the Corporation and upon such information, opinions, reports or statements presented to the Corporation by any of its officers or employees, or committees of the Board, or by any other person as to matters the director reasonably believes are within such other persons professional or expert competence and who has been selected with reasonable care by or on behalf of the Corporation, as to the value and amount of the assets, liabilities or net profits of the Corporation, or any other facts pertinent to the existence and amount of surplus or other funds from which dividends might properly be declared and paid.
SECTION 7.3. Seal. If the Board determines that the Corporation shall have a corporate seal, the corporate seal shall have enscribed thereon the words Corporate Seal, the year of incorporation, and the words Memorial Resource Development Corp. Delaware.
SECTION 7.4. Waiver of Notice. Whenever any notice is required to be given to any stockholder or director of the Corporation under the provisions of the DGCL, the Certificate of Incorporation or these Bylaws, a waiver thereof in writing, including by electronic transmission, signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice. Neither the business to be transacted at, nor the purpose of, any annual or special meeting of the stockholders or the Board or committee thereof need be specified in any waiver of notice of such meeting. Attendance of a person at a meeting shall constitute a waiver of notice of such meeting, except when the person attends a meeting for the express purpose of objecting at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened.
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SECTION 7.5. Resignations. Any director or any officer, whether elected or appointed, may resign at any time by giving written notice, including by electronic transmission, of such resignation to the Chairman of the Board, the Chief Executive Officer, the President or the Secretary, and such resignation shall be deemed to be effective as of the close of business on the date said notice is received by the Chairman of the Board, the Chief Executive Officer, the President or the Secretary, or at such later time as is specified therein. No formal action shall be required of the Board or the stockholders to make any such resignation effective.
SECTION 7.6. Indemnification and Advancement of Expenses.
(A) The Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person who was or is made a party or is threatened to be made a party to or is otherwise involved in any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (a proceeding) by reason of the fact that he, or a person for whom he is the legal representative, is or was a director or officer of the Corporation or, while a director or officer of the Corporation, is or was serving at the request of the Corporation as a director, officer, trustee, employee or agent of another corporation or of a partnership, joint venture, trust, other enterprise or nonprofit entity, including service with respect to an employee benefit plan (a Covered Person), whether the basis of such proceeding is alleged action in an official capacity as a director, officer, trustee, employee or agent, or in any other capacity while serving as a director, officer, trustee, employee or agent, against all expenses, liability and loss (including, without limitation, attorneys fees, judgments, fines, ERISA excise taxes and penalties and amounts paid in settlement) reasonably incurred or suffered by such Covered Person in connection with such proceeding.
(B) The Corporation shall, to the fullest extent not prohibited by applicable law as it presently exists or may hereafter be amended, pay the expenses (including attorneys fees) incurred by a Covered Person in defending any proceeding in advance of its final disposition; provided, however, that to the extent required by applicable law, such payment of expenses in advance of the final disposition of the proceeding shall be made only upon receipt of an undertaking by the Covered Person to repay all amounts advanced if it should be ultimately determined by final judicial decision from which there is no further right to appeal (hereinafter, a final adjudication) that the Covered Person is not entitled to be indemnified under this Section 7.6 or otherwise.
(C) The rights to indemnification and advancement of expenses under this Section 7.6 shall be contract rights and such rights shall continue as to a Covered Person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of his heirs, executors and administrators. Notwithstanding the foregoing provisions of this Section 7.6, except for proceedings to enforce rights to indemnification and advancement of expenses, the Corporation shall indemnify and advance expenses to a Covered Person in connection with a proceeding (or part thereof) initiated by such Covered Person only if such proceeding (or part thereof) was authorized by the Board.
(D) If a claim for indemnification under this Section 7.6 (following the final disposition of such proceeding) is not paid in full within sixty days after the Corporation has received a claim therefor by the Covered Person, or if a claim for any advancement of expenses under this Section 7.6 is not paid in full within thirty days after the Corporation has received a statement or statements requesting such amounts to be advanced, the Covered Person shall thereupon (but not before) be entitled to file suit to recover the unpaid amount of such claim. If successful in whole or in part, the Covered Person shall be entitled to be paid the expense of prosecuting such claim, or a claim brought by the Corporation to recover an advancement of expenses prior to the terms of an undertaking, to the fullest extent permitted by applicable law. In any such action, the Corporation shall have the burden of proving that the Covered Person is not entitled to the requested indemnification or advancement of expenses under applicable law. In (i) any suit brought by a Covered Person to enforce a right to indemnification hereunder (but not in a suit brought by a Covered Person to enforce a right to an advancement of expenses) it shall be a defense that, and (ii) in any suit brought by the Corporation to recover an advancement of expenses pursuant to the terms of an undertaking, the Corporation shall be entitled to recover such expenses upon a final adjudication that, the Covered Person has not met any applicable standard for indemnification set forth in the DGCL. Neither the failure of the Corporation (including its directors who are not parties to such action, a committee of such directors, independent legal counsel, or its stockholders) to have made a determination prior to the commencement of such suit that indemnification of the Covered Person is proper in the circumstances because the Covered Person has met the applicable standard of conduct set forth in the DGCL, nor an actual determination by the Corporation (including its
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directors who are not parties to such action, a committee of such directors, independent legal counsel, or its stockholders) that the Covered Person has not met such applicable standard of conduct, shall create a presumption that the Covered Person has not met the applicable standard of conduct or, in the case of such a suit brought by the Covered Person, be a defense to such suit. In any suit brought by the Covered Person to enforce a right to indemnification or to an advancement of expenses hereunder, or brought by the Corporation to recover an advancement of expenses pursuant to the terms of an undertaking, the burden of proving that the Covered Person is not entitled to be indemnified, or to such advancement of expenses, under this Article 7.6 or otherwise shall be on the Corporation.
(E) The rights conferred on any Covered Person by this Section 7.6 shall not be exclusive of any other rights that such Covered Person may have or hereafter acquire under any statute, any provision of the Certificate of Incorporation, these Bylaws, any agreement or vote of stockholders or disinterested directors or otherwise.
(F) This Section 7.6 shall not limit the right of the Corporation, to the extent and in the manner permitted by applicable law, to indemnify and to advance expenses to persons other than Covered Persons when and as authorized by appropriate corporate action.
(G) Any Covered Person entitled to indemnification and/or advancement of expenses, in each case pursuant to this Section 7.6, may have certain rights to indemnification, advancement and/or insurance provided by one or more persons with whom or which such Covered Person may be associated (including, without limitation, any Fund). The Corporation hereby acknowledges and agrees that (i) the Corporation shall be the indemnitor of first resort with respect to any proceeding, expense, liability or matter that is the subject of this Section 7.6, (ii) the Corporation shall be primarily liable for all such obligations and any indemnification afforded to a Covered Person in respect of a proceeding, expense, liability or matter that is the subject of this Section 7.6, whether created by law, organizational or constituent documents, contract or otherwise, (iii) any obligation of any persons with whom or which a Covered Person may be associated (including, without limitation, any Fund) to indemnify such Covered Person and/or advance expenses or liabilities to such Covered Person in respect of any proceeding shall be secondary to the obligations of the Corporation hereunder, (iv) the Corporation shall be required to indemnify each Covered Person and advance expenses to each Covered Person hereunder to the fullest extent provided herein without regard to any rights such Covered Person may have against any other person with whom or which such Covered Person may be associated (including, without limitation, any Fund) or insurer of any such person, and (v) the Corporation irrevocably waives, relinquishes and releases any other person with whom or which a Covered Person may be associated (including, without limitation, any Fund) from any claim of contribution, subrogation or any other recovery of any kind in respect of amounts paid by the Corporation hereunder.
SECTION 7.7. Facsimile and Electronic Signatures. In addition to the provisions for use of facsimile or electronic signatures elsewhere specifically authorized in these Bylaws, facsimile or electronic signatures of any officer or officers of the Corporation may be used whenever and as authorized by the Board or a committee thereof, the Chairman of the Board, the Chief Executive Officer or President.
SECTION 7.8. Time Periods. In applying any provision of these Bylaws that require that an act be done or not done a specified number of days prior to an event or that an act be done during a period of a specified number of days prior to an event, calendar days shall be used, the day of the doing of the act shall be excluded, and the day of the event shall be included.
SECTION 7.9. Reliance Upon Books, Reports and Records. Each director, each member of any committee designated by the Board, and each officer of the Corporation shall, in the performance of his duties, be fully protected in relying in good faith upon the records of the Corporation and upon information, opinions, reports or statements presented to the Corporation by any of the Corporations officers or employees, or committees designated by the Board, or by any other person as to the matters the member reasonably believes are within such other persons professional or expert competence and who has been selected with reasonable care by or on behalf of the Corporation.
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SECTION 7.10. Forum for Adjudication of Disputes.
(A) Exclusive Forum. Unless the Corporation consents in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware shall, to the fullest extent permitted by applicable law, be the sole and exclusive forum for any stockholder (including a beneficial owner) to bring (i) any derivative action or proceeding brought on behalf of the Corporation, (ii) any action asserting a claim of breach of a fiduciary duty owed by any director, officer, employee or agent of the Corporation to the Corporation or the Corporations stockholders, (iii) any action asserting a claim against the Corporation, its directors, officers or employees or agents arising pursuant to any provision of the DGCL, the Certificate of Incorporation or these Bylaws, or (iv) any action asserting a claim against the Corporation, its directors, officers or employees or agents governed by the internal affairs doctrine except as to each of (i) through (iv) above, for any claim as to which the Court of Chancery determines that there is an indispensable party not subject to the jurisdiction of the Court of Chancery (and the indispensable party does not consent to the personal jurisdiction of the Court of Chancery within ten days following such determination), which is vested in the exclusive jurisdiction of a court or forum other than the Court of Chancery, or for which the Court of Chancery does not have subject matter jurisdiction.
(B) To the fullest extent permitted by law, if any action the subject matter of which is within the scope of Section 7.10(A) above is filed in a court other than a court located within the State of Delaware (a Foreign Action) in the name of any stockholder, such stockholder shall be deemed to have consented to (i) the personal jurisdiction of the state and federal courts located within the State of Delaware in connection with any action brought in any such court to enforce Section 7.10(A) above (an FSC Enforcement Action) and (ii) having service of process made upon such stockholder in any such FSC Enforcement Action by service upon such stockholders counsel in the Foreign Action as agent for such stockholder.
ARTICLE VIII
AMENDMENTS
SECTION 8.1. Amendments. In furtherance of, and not in limitation of, the powers conferred by the laws of the State of Delaware, the Board is expressly authorized to adopt, amend or repeal the bylaws of the Corporation. Any adoption, amendment or repeal of the Bylaws of the Corporation by the Board shall require the approval of a majority of the Whole Board. Stockholders shall also have the power to adopt, amend or repeal the Bylaws of the Corporation; provided, however, that, in addition to any vote of the holders of any class or series of stock of the Corporation required by law or by the Certificate of Incorporation, the Bylaws of the Corporation shall not be adopted, altered, amended or repealed by the stockholders of the Corporation (i) prior to the Trigger Date, except by the affirmative vote of holders of not less than 50% in voting power of the then-outstanding shares of stock entitled to vote thereon, voting together as a single class, or (ii) on and after the Trigger Date, except by the affirmative vote of holders of not less than 66 2/3% in voting power of the then-outstanding shares of stock entitled to vote thereon, voting together as a single class. No Bylaws hereafter made or adopted, nor any repeal of or amendment thereto, shall invalidate any prior act of the Board that was valid at the time it was taken. So long as the Voting Agreement remains in effect, the Board shall not approve any amendment, alteration or repeal of Section 3.14 of these Bylaws, or the adoption of any new Bylaw, that would be contrary to or inconsistent with Article 4 of the Voting Agreement.
Notwithstanding the foregoing, (i) no amendment to the Voting Agreement (whether or not such amendment modifies any provision to the Voting Agreement to which these Bylaws are subject) shall be deemed an amendment of these Bylaws for purposes of this Section 8.1, and (ii) no amendment, alteration or repeal of Section 7.6 shall adversely affect any right or protection existing under these Bylaws immediately prior to such amendment, alteration or repeal, including any right or protection of a present or former director, officer or employee thereunder in respect of any act or omission occurring prior to the time of such amendment.
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Exhibit 10.1
MEMORIAL RESOURCE DEVELOPMENT CORP.
2014 LONG TERM INCENTIVE PLAN
TABLE OF CONTENTS
Page | ||||||||
1. | Purpose | 1 | ||||||
2. | Definitions | 1 | ||||||
3. | Administration | 5 | ||||||
(a) | Authority of the Committee | 5 | ||||||
(b) | Manner of Exercise of Committee Authority | 6 | ||||||
(c) | Limitation of Liability | 7 | ||||||
4. | Stock Subject to Plan | 7 | ||||||
(a) | Overall Number of Shares Available for Delivery | 7 | ||||||
(b) | Application of Limitation to Grants of Awards | 7 | ||||||
(c) | Availability of Shares Not Issued under Awards | 7 | ||||||
(d) | Stock Offered | 7 | ||||||
5. | Eligibility; Per Person Award Limitations | 8 | ||||||
6. | Specific Terms of Awards | 8 | ||||||
(a) | General | 8 | ||||||
(b) | Options | 8 | ||||||
(c) | Stock Appreciation Rights | 9 | ||||||
(d) | Restricted Stock | 10 | ||||||
(e) | Restricted Stock Units | 11 | ||||||
(f) | Bonus Stock and Awards in Lieu of Obligations | 12 | ||||||
(g) | Dividend Equivalents | 12 | ||||||
(h) | Other Awards | 12 | ||||||
7. | Certain Provisions Applicable to Awards | 12 | ||||||
(a) | Termination of Employment | 12 | ||||||
(b) | Stand-Alone, Additional, Tandem, and Substitute Awards | 12 | ||||||
(c) | Term of Awards | 13 | ||||||
(d) | Form and Timing of Payment under Awards; Deferrals | 13 | ||||||
(e) | Exemptions from Section 16(b) Liability | 13 | ||||||
(f) | Non-Competition Agreement | 14 | ||||||
8. | Performance and Annual Incentive Awards | 14 | ||||||
(a) | Performance Conditions | 14 | ||||||
(b) | Performance Awards Granted to Designated Covered Employees | 14 | ||||||
(c) | Annual Incentive Awards Granted to Designated Covered Employees | 16 | ||||||
(d) | Written Determinations | 17 | ||||||
(e) | Status of Section 8(b) and Section 8(c) Awards under Section 162(m) of the Code | 17 | ||||||
9. | Subdivision or Consolidation; Recapitalization; Change in Control; Reorganization | 18 | ||||||
(a) | Existence of Plans and Awards | 18 | ||||||
(b) | Subdivision or Consolidation of Shares | 18 |
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(c) | Corporate Recapitalization | 19 | ||||||
(d) | Additional Issuances | 19 | ||||||
(e) | Change in Control | 19 | ||||||
(f) | Change in Control Price | 20 | ||||||
(g) | Impact of Corporate Events on Awards Generally | 20 | ||||||
10. | General Provisions | 21 | ||||||
(a) | Transferability | 21 | ||||||
(b) | Taxes | 22 | ||||||
(c) | Changes to this Plan and Awards | 22 | ||||||
(d) | Limitation on Rights Conferred under Plan | 23 | ||||||
(e) | Unfunded Status of Awards | 23 | ||||||
(f) | Nonexclusivity of this Plan | 23 | ||||||
(g) | Fractional Shares | 23 | ||||||
(h) | Severability | 23 | ||||||
(i) | Governing Law | 24 | ||||||
(j) | Conditions to Delivery of Stock | 24 | ||||||
(k) | Section 409A of the Code | 24 | ||||||
(l) | Plan Effective Date and Term | 24 |
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MEMORIAL RESOURCE DEVELOPMENT CORP.
2014 Long Term Incentive Plan
1. Purpose. The purpose of the Memorial Resource Development Corp. 2014 Long Term Incentive Plan (the Plan) is to provide a means through which Memorial Resource Development Corp., a Delaware corporation (the Company), and its Subsidiaries may attract and retain able persons as employees, directors and consultants of the Company and its Subsidiaries, and to provide a means whereby those persons upon whom the responsibilities of the successful administration and management of the Company and its Subsidiaries rest, and whose present and potential contributions to the welfare of the Company and its Subsidiaries are of importance, can acquire and maintain stock ownership, or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company and its Subsidiaries and their desire to remain employed. A further purpose of this Plan is to provide such employees, directors and consultants with additional incentive and reward opportunities designed to enhance the profitable growth of the Company. Accordingly, this Plan primarily provides for the granting of Incentive Stock Options, options which do not constitute Incentive Stock Options, Restricted Stock Awards, Restricted Stock Units, Stock Appreciation Rights, Dividend Equivalents, Bonus Stock, Other Stock-Based Awards, Annual Incentive Awards, Performance Awards, or any combination of the foregoing, as is best suited to the circumstances of the particular individual as provided herein.
2. Definitions. For purposes of this Plan, the following terms shall be defined as set forth below, in addition to such terms defined in Section 1 hereof:
(a) Annual Incentive Award means a conditional right granted to an Eligible Person under Section 8(c) hereof to receive a cash payment, Stock or other Award, unless otherwise determined by the Committee, after the end of a specified year.
(b) Award means any Option, SAR, Restricted Stock Award, Restricted Stock Unit, Bonus Stock, Dividend Equivalent, Other Stock-Based Award, Performance Award or Annual Incentive Award, together with any other right or interest granted to a Participant under this Plan.
(c) Beneficiary means one or more persons, trusts or other entities which have been designated by a Participant, in his or her most recent written beneficiary designation filed with the Committee, to receive the benefits specified under this Plan upon such Participants death or to which Awards or other rights are transferred if and to the extent permitted under Section 10(a) hereof. If, upon a Participants death, there is no designated Beneficiary or surviving designated Beneficiary, then the term Beneficiary means the persons, trusts or other entities entitled by will or the laws of descent and distribution to receive such benefits.
(d) Board means the Companys Board of Directors.
(e) Bonus Stock means Stock granted as a bonus pursuant to Section 6(f).
(f) Business Day means any day other than a Saturday, a Sunday, or a day on which banking institutions in the state of Texas are authorized or obligated by law or executive order to close.
(g) Change in Control means, except as otherwise provided in an Award Agreement, the occurrence of any of the following events:
(i) The consummation of an agreement to acquire or a tender offer for beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act by any Person, of 50% or more of either (x) the then outstanding shares of Stock (the Outstanding Stock) or (y) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the Outstanding Company Voting Securities); provided, however, that for purposes of this subsection (i), the following acquisitions shall not constitute a Change in Control: (A) any acquisition directly from the Company, (B) any acquisition by the Company, (C) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any entity controlled by the Company, (D) any acquisition by any entity pursuant to a transaction that complies with clauses (A), (B) and (C) of paragraph (iii) below or (E) any transfer of voting power relating to the Outstanding Company Voting Securities to any entity or entities controlled by or under common control with NGP Energy Capital Management, L.L.C;
(ii) Individuals who constitute the Incumbent Board cease for any reason to constitute at least a majority of the Board;
(iii) Consummation of a reorganization, merger or consolidation or sale or other disposition of all or substantially all of the assets of the Company or an acquisition of assets of another entity (a Business Combination), in each case, unless, following such Business Combination, (A) the Outstanding Stock and Outstanding Company Voting Securities immediately prior to such Business Combination represent or are converted into or exchanged for securities which represent or are convertible into more than 50% of, respectively, the then outstanding shares of common stock or common equity interests and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors or other governing body, as the case may be, of the entity resulting from such Business Combination (including, without limitation, an entity which as a result of such transaction owns the Company, or all or substantially all of the Companys assets either directly or through one or more subsidiaries), (B) no Person (excluding any employee benefit plan (or related trust) of the Company, the entity resulting from such Business Combination or any entity controlled by or under common control with NGP Energy Capital Management, L.L.C.) beneficially owns, directly or indirectly, 20% or more of, respectively, the then outstanding shares of common stock or common equity interests of the entity resulting from such Business Combination or the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors or other governing body of such entity to the extent that such ownership results solely from ownership of the Company that existed prior to the Business Combination, and (C) at least a majority of the members of the board of directors or similar governing body of the entity resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board, providing for such Business Combination; or
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(iv) Approval by the stockholders of the Company of a complete liquidation or dissolution of the Company.
Notwithstanding the foregoing, with respect to an Award that provides for a deferral of compensation under the Nonqualified Deferred Compensation Rules and with respect to which a Change in Control would accelerate vesting, Change in Control shall mean an event that qualifies both as a Change in Control as defined in this Section 2(g) as well as a change of control event as defined in the Nonqualified Deferred Compensation Rules.
(h) Code means the Internal Revenue Code of 1986, as amended from time to time, including regulations thereunder and successor provisions and regulations thereto.
(i) Committee means a committee of two or more directors designated by the Board to administer this Plan; provided, however, that, unless otherwise determined by the Board, the Committee shall consist solely of two or more directors, each of whom shall be a Qualified Member (except to the extent administration of this Plan by outside directors is not then required in order to qualify for tax deductibility under section 162(m) of the Code).
(j) Control (including the terms controlling, controlled by and under common control with) means the possession, direct or indirect, of the power to direct or cause the direction of management and the policies of a person, whether through the ownership of voting securities, by contract, or otherwise.
(k) Covered Employee means an Eligible Person who is a Covered Employee as specified in Section 8(e) of this Plan.
(l) Dividend Equivalent means a right, granted to an Eligible Person under Section 6(g), to receive cash, Stock, other Awards or other property equal in value to dividends paid with respect to a specified number of shares of Stock, or other periodic payments.
(m) Effective Date means , 2014.
(n) Eligible Person means all officers and employees of the Company or of any of its Subsidiaries and all directors of the Company. An employee on leave of absence may be considered as still in the employ of the Company or any of its Subsidiaries for purposes of eligibility for participation in this Plan.
(o) Exchange Act means the Securities Exchange Act of 1934, as amended from time to time, including rules thereunder and successor provisions and rules thereto.
(p) Fair Market Value means, as of any specified date, (i) if the Stock is listed on a national securities exchange, the closing sales price of the Stock, as reported on the stock exchange composite tape on that date (or if no sales occur on that date, on the last preceding date on which such sales of the Stock are so reported); (ii) if the Stock is not traded on a national securities exchange but is traded over the counter at the time a determination of its fair market value is required to be made under the Plan, the average between the reported high and low bid and asked prices of Stock on the most recent date on which Stock was publicly traded; (iii) in the event Stock is not publicly traded at the time a determination of its value is required to
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be made under the Plan, the amount determined by the Committee in its discretion in such manner as it deems appropriate, taking into account all factors the Committee deems appropriate including, without limitation, the Nonqualified Deferred Compensation Rules; or (iv) on the date of a Qualifying Public Offering of Stock, the offering price under such Qualifying Public Offering.
(q) Incentive Stock Option or ISO means any Option intended to be and designated as an incentive stock option within the meaning of section 422 of the Code or any successor provision thereto.
(r) Incumbent Board means the portion of the Board constituted of the individuals who are members of the Board as of the Effective Date and any other individual who becomes a director of the Company after the Effective Date and whose election or appointment by the Board or nomination for election by the Companys stockholders was approved by a vote of at least a majority of the directors then comprising the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Incumbent Board.
(s) Nonqualified Deferred Compensation Rules means the limitations or requirements of section 409A of the Code and the guidance and regulations promulgated thereunder.
(t) Option means a right, granted to an Eligible Person under Section 6(b) hereof, to purchase Stock or other Awards at a specified price during specified time periods.
(u) Other Stock-Based Awards means Awards granted to an Eligible Person under Section 6(h) hereof.
(v) Participant means a person who has been granted an Award under this Plan which remains outstanding, including a person who is no longer an Eligible Person.
(w) Performance Award means a right, granted to an Eligible Person under Section 8 hereof, to receive Awards based upon performance criteria specified by the Committee.
(x) Person means any person or entity of any nature whatsoever, specifically including an individual, a firm, a company, a corporation, a partnership, a limited liability company, a trust or other entity; a Person, together with that Persons Affiliates and Associates (as those terms are defined in Rule 12b-2 under the Exchange Act, provided that registrant as used in Rule 12b-2 shall mean the Company), and any Persons acting as a partnership, limited partnership, joint venture, association, syndicate or other group (whether or not formally organized), or otherwise acting jointly or in concert or in a coordinated or consciously parallel manner (whether or not pursuant to any express agreement), for the purpose of acquiring, holding, voting or disposing of securities of the Company with such Person, shall be deemed a single Person.
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(y) Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.
(z) Qualified Member means a member of the Committee who is a nonemployee director within the meaning of Rule 16b-3(b)(3) and an outside director within the meaning of Treasury Regulation 1.162-27 under section 162(m) of the Code.
(aa) Restricted Stock means Stock granted to an Eligible Person under Section 6(d) hereof, that is subject to certain restrictions and to a risk of forfeiture.
(bb) Restricted Stock Unit means a right, granted to an Eligible Person under Section 6(e) hereof, to receive Stock, cash or a combination thereof at the end of a specified deferral period.
(cc) Rule 16b-3 means Rule 16b-3, promulgated by the Securities and Exchange Commission under section 16 of the Exchange Act, as from time to time in effect and applicable to this Plan and Participants.
(dd) Securities Act means the Securities Act of 1933 and the rules and regulations promulgated thereunder, or any successor law, as it may be amended from time to time.
(ee) Stock means the Companys Common Stock, par value $0.01 per share, and such other securities as may be substituted (or resubstituted) for Stock pursuant to Section 9.
(ff) Stock Appreciation Rights or SAR means a right granted to an Eligible Person under Section 6(c) hereof.
(gg) Subsidiary means with respect to the Company, any corporation or other entity of which a majority of the voting power of the voting equity securities or equity interest is owned, directly or indirectly, by the Company (including without limitation any limited partnership the general partner of which is owned, directly or indirectly, by the Company).
3. Administration.
(a) Authority of the Committee. This Plan shall be administered by the Committee except to the extent the Board elects to administer this Plan, in which case references herein to the Committee shall be deemed to include references to the Board. Subject to the express provisions of the Plan and Rule 16b-3, the Committee shall have the authority, in its sole and absolute discretion, to (i) adopt, amend, and rescind administrative and interpretive rules and regulations relating to the Plan; (ii) determine the Eligible Persons to whom, and the time or times at which, Awards shall be granted; (iii) determine the amount of cash and/or the number of shares of Stock, as applicable Stock Appreciation Rights, Restricted Stock Units, Restricted Stock Awards, Dividend Equivalents, Bonus Stock, Other Stock-Based Awards, Annual Incentive Awards, Performance Awards, or any combination thereof, that shall be the subject of each Award; (iv) determine the terms and provisions of each Award agreement (which need not be identical), including provisions defining or otherwise relating to (A) the term and the period or
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periods and extent of exercisability of the Options, (B) the extent to which the transferability of shares of Stock issued or transferred pursuant to any Award is restricted, (C) except as otherwise provided herein, the effect of termination of employment, or the service relationship with the Company, of a Participant on the Award, and (D) the effect of approved leaves of absence (consistent with any applicable regulations of the Internal Revenue Service); (v) accelerate the time of vesting or exercisability of any Award that has been granted; (vi) construe the respective Award agreements and the Plan; (vii) make determinations of the Fair Market Value of the Stock pursuant to the Plan; (viii) delegate its duties under the Plan (including, but not limited to, the authority to grant Awards) to such agents as it may appoint from time to time, provided that the Committee may not delegate its duties where such delegation would violate state corporate law, or with respect to making Awards to, or otherwise with respect to Awards granted to, Eligible Persons who are subject to section 16(b) of the Exchange Act or who are Covered Employees receiving Awards that are intended to constitute performance-based compensation within the meaning of section 162(m) of the Code; (ix) subject to Section 10(c), terminate, modify or amend the Plan; and (x) make all other determinations, perform all other acts, and exercise all other powers and authority necessary or advisable for administering the Plan, including the delegation of those ministerial acts and responsibilities as the Committee deems appropriate. Subject to Rule 16b-3 and section 162(m) of the Code, the Committee may correct any defect, supply any omission, or reconcile any inconsistency in the Plan, in any Award, or in any Award agreement in the manner and to the extent it deems necessary or desirable to carry the Plan into effect, and the Committee shall be the sole and final judge of that necessity or desirability. The determinations of the Committee on the matters referred to in this Section 3(a) shall be final and conclusive.
(b) Manner of Exercise of Committee Authority. At any time that a member of the Committee is not a Qualified Member, any action of the Committee relating to an Award granted or to be granted to an Eligible Person who is then subject to section 16 of the Exchange Act in respect of the Company, or relating to an Award intended by the Committee to qualify as performance-based compensation within the meaning of section 162(m) of the Code and regulations thereunder, may be taken either (i) by a subcommittee, designated by the Committee, composed solely of two or more Qualified Members, or (ii) by the Committee but with each such member who is not a Qualified Member abstaining or recusing himself or herself from such action; provided, however, that, upon such abstention or recusal, the Committee remains composed solely of two or more Qualified Members. Such action, authorized by such a subcommittee or by the Committee upon the abstention or recusal of such non-Qualified Member(s), shall be the action of the Committee for purposes of this Plan. Any action of the Committee shall be final, conclusive and binding on all Persons, including the Company, its Subsidiaries, stockholders, Participants, Beneficiaries, and transferees under Section 10(a) hereof or other Persons claiming rights from or through a Participant. The express grant of any specific power to the Committee, and the taking of any action by the Committee, shall not be construed as limiting any power or authority of the Committee. The Committee may delegate to officers or managers of the Company or any of its Subsidiaries, or committees thereof, the authority, subject to such terms as the Committee shall determine, to perform such functions, including administrative functions, as the Committee may determine, to the extent that such delegation will not result in the loss of an exemption under Rule 16b-3(d)(1) for Awards granted to Participants subject to section 16 of the Exchange Act in respect of the Company and will not cause Awards intended to qualify as performance-based compensation under section 162(m) of the Code to fail to so qualify. The Committee may appoint agents to assist it in administering the Plan.
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(c) Limitation of Liability. The Committee and each member thereof shall be entitled to, in good faith, rely or act upon any report or other information furnished to him or her by any officer or employee of the Company or any of its Subsidiaries, the Companys legal counsel, independent auditors, consultants or any other agents assisting in the administration of this Plan. Members of the Committee and any officer or employee of the Company or any of its Subsidiaries acting at the direction or on behalf of the Committee shall not be personally liable for any action or determination taken or made in good faith with respect to this Plan, and shall, to the fullest extent permitted by law, be indemnified and held harmless by the Company with respect to any such action or determination.
4. Stock Subject to Plan.
(a) Overall Number of Shares Available for Delivery. Subject to adjustment in a manner consistent with any adjustment made pursuant to Section 9, the total number of shares of Stock reserved and available for issuance in connection with Awards under this Plan shall not exceed shares, and such total will be available for the issuance of Incentive Stock Options. The total number of shares of Stock reserved and available for issuance in connection with Incentive Stock Options issued under this Plan shall not exceed shares to any one Participant in any calendar year.
(b) Application of Limitation to Grants of Awards. Subject to Section 4(c), no Award may be granted if the number of shares of Stock to be delivered in connection with such Award exceeds the number of shares of Stock remaining available under this Plan minus the number of shares of Stock issuable in settlement of or relating to then-outstanding Awards. The Committee may adopt reasonable counting procedures to ensure appropriate counting, avoid double counting (as, for example, in the case of tandem or substitute awards) and make adjustments if the number of shares of Stock actually delivered differs from the number of shares previously counted in connection with an Award.
(c) Availability of Shares Not Issued under Awards. Shares of Stock subject to an Award under this Plan that expire or are canceled, forfeited, exchanged, settled in cash or otherwise terminated, including (i) shares forfeited with respect to Restricted Stock, (ii) the number of shares withheld in payment of any exercise or purchase price of an Award or taxes relating to Awards, and (iii) the number of shares surrendered in payment of any exercise or purchase price of an Award or taxes relating to any Award, will again be available for Awards under this Plan, except that if any such shares could not again be available for Awards to a particular Participant under any applicable law or regulation, such shares shall be available exclusively for Awards to Participants who are not subject to such limitation.
(d) Stock Offered. The shares to be delivered under the Plan shall be made available from (i) authorized but unissued shares of Stock, (ii) Stock held in the treasury of the Company, or (iii) previously issued shares of Stock reacquired by the Company, including shares purchased on the open market.
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5. Eligibility; Per Person Award Limitations. Awards may be granted under this Plan only to Persons who are Eligible Persons at the time of grant thereof. In each calendar year, during any part of which this Plan is in effect, a Covered Employee may not be granted (a) Awards (other than Awards designated to be paid only in cash or the settlement of which is not based on a number of shares of Stock) relating to more than shares of Stock, subject to adjustment in a manner consistent with any adjustment made pursuant to Section 9 and (b) Awards designated to be paid only in cash, or the settlement of which is not based on a number of shares of Stock, having a value determined on the date of grant in excess of $ .
6. Specific Terms of Awards.
(a) General. Awards may be granted on the terms and conditions set forth in this Section 6. In addition, the Committee may impose on any Award or the exercise thereof, at the date of grant or thereafter (subject to Section 10(c)), such additional terms and conditions, not inconsistent with the provisions of this Plan, as the Committee shall determine, including terms requiring forfeiture of Awards in the event of termination of employment by the Participant, or termination of the Participants service relationship with the Company, and terms permitting a Participant to make elections relating to his or her Award. The Committee shall retain full power and discretion to accelerate, waive or modify, at any time, any term or condition of an Award that is not mandatory under this Plan; provided, however, that the Committee shall not have any discretion to accelerate, waive or modify any term or condition of an Award that is intended to qualify as performance-based compensation for purposes of section 162(m) of the Code if such discretion would cause the Award to not so qualify or to accelerate the terms of payment of any Award that provides for a deferral of compensation under the Nonqualified Deferred Compensation Rules if such acceleration would subject a Participant to additional taxes under the Nonqualified Deferred Compensation Rules.
(b) Options. The Committee is authorized to grant Options to Eligible Persons on the following terms and conditions:
(i) Exercise Price. Each Option agreement shall state the exercise price per share of Stock (the Exercise Price); provided, however, that the Exercise Price per share of Stock subject to an ISO shall not be less than the greater of (A) the par value per share of the Stock or (B) 100% of the Fair Market Value per share of the Stock as of the date of grant of the Option (or in the case of an individual who owns stock possessing more than 10 percent of the total combined voting power of all classes of stock of the Company or its parent or any subsidiary, 110% of the Fair Market Value per share of the Stock on the date of grant).
(ii) Time and Method of Exercise. The Committee shall determine the time or times at which or the circumstances under which an Option may be exercised in whole or in part (including based on achievement of performance goals and/or future service requirements), the methods by which such Exercise Price may be paid or deemed to be paid, the form of such payment, including without limitation cash, Stock, other Awards or awards granted under other plans of the Company or any Subsidiary, or other property (including notes or other contractual obligations of Participants to make payment on a deferred basis), and the methods by or forms in which Stock will be delivered or deemed to be delivered to Participants, including, but not limited to, the delivery of Restricted Stock subject to Section 6(d). In the case of an exercise whereby the Exercise Price is paid with Stock, such Stock shall be valued as of the date of exercise.
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(iii) ISOs. The terms of any ISO granted under this Plan shall comply in all respects with the provisions of section 422 of the Code. Except as otherwise provided in Section 9, no term of this Plan relating to ISOs (including any SAR in tandem therewith) shall be interpreted, amended or altered, nor shall any discretion or authority granted under this Plan be exercised, so as to disqualify either this Plan or any ISO under section 422 of the Code, unless the Participant has first requested the change that will result in such disqualification. ISOs shall not be granted more than ten years after the earlier of the adoption of this Plan or the approval of this Plan by the Companys stockholders. Notwithstanding the foregoing, the Fair Market Value of shares of Stock subject to an ISO and the aggregate Fair Market Value of shares of stock of any parent or subsidiary corporation (within the meaning of sections 424(e) and (f) of the Code) subject to any other ISO (within the meaning of section 422 of the Code)) of the Company or a parent or subsidiary corporation (within the meaning of sections 424(e) and (f) of the Code) that first becomes purchasable by a Participant in any calendar year may not (with respect to that Participant) exceed $100,000, or such other amount as may be prescribed under section 422 of the Code or applicable regulations or rulings from time to time. As used in the previous sentence, Fair Market Value shall be determined as of the date the ISOs are granted. Failure to comply with this provision shall not impair the enforceability or exercisability of any Option, but shall cause the excess amount of shares to be reclassified in accordance with the Code.
(c) Stock Appreciation Rights. The Committee is authorized to grant SARs to Eligible Persons on the following terms and conditions:
(i) Right to Payment. A SAR shall confer on the Participant to whom it is granted a right to receive, upon exercise thereof, the excess of (A) the Fair Market Value of one share of Stock on the date of exercise over (B) the grant price of the SAR as determined by the Committee.
(ii) Rights Related to Options. A SAR granted pursuant to an Option shall entitle a Participant, upon exercise, to surrender that Option or any portion thereof, to the extent unexercised, and to receive payment of an amount computed pursuant to Section 6(c)(ii)(B). Such Option shall then cease to be exercisable to the extent surrendered. SARs granted in connection with an Option shall be subject to the terms of the Award agreement governing the Option, which shall comply with the following provisions in addition to those applicable to Options:
(A) A SAR granted in connection with an Option shall be exercisable only at such time or times and only to the extent that the related Option is exercisable and shall not be transferable except to the extent that the related Option is transferable.
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(B) Upon the exercise of a SAR related to an Option, a Participant shall be entitled to receive payment from the Company of an amount determined by multiplying:
(1) the difference obtained by subtracting the Exercise Price with respect to a share of Stock specified in the related Option from the Fair Market Value of a share of Stock on the date of exercise of the SAR, by
(2) the number of shares as to which that SAR has been exercised.
(iii) Right Without Option. A SAR granted independent of an Option shall be exercisable as determined by the Committee and set forth in the Award agreement governing the SAR, which Award agreement shall comply with the following provisions:
(A) Each Award agreement shall state the total number of shares of Stock to which the SAR relates.
(B) Each Award agreement shall state the time or periods in which the right to exercise the SAR or a portion thereof shall vest and the number of shares of Stock for which the right to exercise the SAR shall vest at each such time or period.
(C) Each Award agreement shall state the date at which the SARs shall expire if not previously exercised.
(D) Each SAR shall entitle a Participant, upon exercise thereof, to receive payment of an amount determined by multiplying:
(1) the difference obtained by subtracting the Fair Market Value of a share of Stock on the date of grant of the SAR from the Fair Market Value of a share of Stock on the date of exercise of that SAR, by
(2) the number of shares as to which the SAR has been exercised.
(iv) Terms. Except as otherwise provided herein, the Committee shall determine at the date of grant or thereafter, the time or times at which and the circumstances under which a SAR may be exercised in whole or in part (including based on achievement of performance goals and/or future service requirements), method of exercise, method of settlement, form of consideration payable in settlement, method by or forms in which Stock will be delivered or deemed to be delivered to Participants, whether or not a SAR shall be in tandem or in combination with any other Award, and any other terms and conditions of any SAR. SARs may be either freestanding or in tandem with other Awards.
(d) Restricted Stock. The Committee is authorized to grant Restricted Stock to Eligible Persons on the following terms and conditions:
(i) Grant and Restrictions. Restricted Stock shall be subject to such restrictions on transferability, risk of forfeiture and other restrictions, if any, as the Committee may impose, which restrictions may lapse separately or in combination at such times, under such circumstances (including based on achievement of performance goals and/or future service requirements), in such installments or otherwise, as the Committee may determine at the date of grant or thereafter. During the restricted period applicable to the Restricted Stock, the Restricted Stock may not be sold, transferred, pledged, hypothecated, margined or otherwise encumbered by the Participant.
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(ii) Certificates for Stock. Restricted Stock granted under this Plan may be evidenced in such manner as the Committee shall determine. If certificates representing Restricted Stock are registered in the name of the Participant, the Committee may require that such certificates bear an appropriate legend referring to the terms, conditions and restrictions applicable to such Restricted Stock, that the Company retain physical possession of the certificates, and that the Participant deliver a stock power to the Company, endorsed in blank, relating to the Restricted Stock.
(iii) Dividends and Splits. As a condition to the grant of an Award of Restricted Stock, the Committee may require or permit a Participant to elect that any cash dividends paid on a share of Restricted Stock be automatically reinvested in additional shares of Restricted Stock, applied to the purchase of additional Awards under this Plan or deferred without interest to the date of vesting of the associated Award of Restricted Stock; provided, that, to the extent applicable, any such election shall comply with the Nonqualified Deferred Compensation Rules. Unless otherwise determined by the Committee, Stock distributed in connection with a Stock split or Stock dividend, and other property (other than cash) distributed as a dividend, shall be subject to restrictions and a risk of forfeiture to the same extent as the Restricted Stock with respect to which such Stock or other property has been distributed.
(e) Restricted Stock Units. The Committee is authorized to grant Restricted Stock Units, which are rights to receive Stock or cash (or a combination thereof) at the end of a specified deferral period (which may or may not be coterminous with the vesting schedule of the Award), to Eligible Persons, subject to the following terms and conditions:
(i) Award and Restrictions. Settlement of an Award of Restricted Stock Units shall occur upon expiration of the deferral period specified for such Restricted Stock Unit by the Committee (or, if permitted by the Committee, as elected by the Participant). In addition, Restricted Stock Units shall be subject to such restrictions (which may include a risk of forfeiture) as the Committee may impose, if any, which restrictions may lapse at the expiration of the deferral period or at earlier specified times (including based on achievement of performance goals and/or future service requirements), separately or in combination, in installments or otherwise, as the Committee may determine. Restricted Stock Units shall be satisfied by the delivery of cash or Stock in the amount equal to the Fair Market Value of the specified number of shares of Stock covered by the Restricted Stock Units, or a combination thereof, as determined by the Committee at the date of grant or thereafter.
(ii) Dividend Equivalents. Unless otherwise determined by the Committee at date of grant, Dividend Equivalents on the specified number of shares of Stock covered by an Award of Restricted Stock Units shall be either (A) paid with respect to such Restricted Stock Units on the dividend payment date in cash or in shares of unrestricted Stock having a Fair Market Value equal to the amount of such dividends, or (B) deferred with respect to such Restricted Stock Units and the amount or value thereof automatically deemed reinvested in additional Restricted Stock Units.
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(f) Bonus Stock and Awards in Lieu of Obligations. The Committee is authorized to grant Stock as a bonus, or to grant Stock or other Awards in lieu of obligations to pay cash or deliver other property under this Plan or under other plans or compensatory arrangements, provided that, in the case of Participants subject to section 16 of the Exchange Act, the amount of such grants remains within the discretion of the Committee to the extent necessary to ensure that acquisitions of Stock or other Awards are exempt from liability under section 16(b) of the Exchange Act. Stock or Awards granted hereunder shall be subject to such other terms as shall be determined by the Committee. In the case of any grant of Stock to an officer of the Company or any of its Subsidiaries in lieu of salary or other cash compensation, the number of shares granted in place of such compensation shall be reasonable, as determined by the Committee.
(g) Dividend Equivalents. The Committee is authorized to grant Dividend Equivalents to a Participant, entitling the Participant to receive cash, Stock, other Awards, or other property equal in value to dividends paid with respect to a specified number of shares of Stock, or other periodic payments. Dividend Equivalents may be awarded on a free-standing basis or in connection with another Award. The Committee may provide that Dividend Equivalents shall be paid or distributed when accrued or shall be deemed to have been reinvested in additional Stock, Awards, or other investment vehicles, and be subject to such restrictions on transferability and risks of forfeiture, as the Committee may specify.
(h) Other Awards. The Committee is authorized, subject to limitations under applicable law, to grant to Participants such other Awards that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to, Stock, as deemed by the Committee to be consistent with the purposes of this Plan, including without limitation convertible or exchangeable debt securities, other rights convertible or exchangeable into Stock, purchase rights for Stock, Awards with value and payment contingent upon performance of the Company or any other factors designated by the Committee, and Awards valued by reference to the book value of Stock or the value of securities of or the performance of specified Subsidiaries of the Company. The Committee shall determine the terms and conditions of such Other Stock-Based Awards. Stock delivered pursuant to an Award in the nature of a purchase right granted under this Section 6(h) shall be purchased for such consideration, paid for at such times, by such methods, and in such forms, including, without limitation, cash, Stock, other Awards, or other property, as the Committee shall determine. Cash awards, as an element of or supplement to any other Award under this Plan, may also be granted pursuant to this Section 6(h).
7. Certain Provisions Applicable to Awards.
(a) Termination of Employment. Except as provided herein, the treatment of an Award upon a termination of employment or any other service relationship by and between a Participant and the Company or any Subsidiary shall be specified in the agreement controlling such Award.
(b) Stand-Alone, Additional, Tandem, and Substitute Awards. Awards granted under this Plan may, in the discretion of the Committee, be granted either alone or in addition to, in tandem with, or in substitution or exchange for, any other Award or any award granted under another plan of the Company, or any of its Subsidiaries, or of any business entity to be acquired
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by the Company or any of its Subsidiaries, or any other right of an Eligible Person to receive payment from the Company or any of its Subsidiaries. Such additional, tandem and substitute or exchange Awards may be granted at any time. If an Award is granted in substitution or exchange for another Award, the Committee shall require the surrender of such other Award in consideration for the grant of the new Award. Awards under this Plan may be granted in lieu of cash compensation, including in lieu of cash amounts payable under other plans of the Company or any of its Subsidiaries, in which the value of Stock subject to the Award is equivalent in value to the cash compensation, or in which the exercise price, grant price or purchase price of the Award in the nature of a right that may be exercised is equal to the Fair Market Value of the underlying Stock minus the value of the cash compensation surrendered. Awards granted pursuant to the preceding sentence shall be designed, awarded and settled in a manner that does not result in additional taxes under the Nonqualified Deferred Compensation Rules.
(c) Term of Awards. Except as specified herein, the term of each Award shall be for such period as may be determined by the Committee; provided, that in no event shall the term of any Option or SAR exceed a period of ten years (or such shorter term as may be required in respect of an ISO under section 422 of the Code).
(d) Form and Timing of Payment under Awards; Deferrals. Subject to the terms of this Plan and any applicable Award agreement, payments to be made by the Company or any of its Subsidiaries upon the exercise of an Option or other Award or settlement of an Award may be made in such forms as the Committee shall determine, including, without limitation, cash, Stock, other Awards or other property, and may be made in a single payment or transfer, in installments, or on a deferred basis; provided, however, that any such deferred payment will be set forth in the agreement evidencing such Award and/or otherwise made in a manner that will not result in additional taxes under the Nonqualified Deferred Compensation Rules. Except as otherwise provided herein, the settlement of any Award may be accelerated, and cash paid in lieu of Stock in connection with such settlement, in the discretion of the Committee or upon occurrence of one or more specified events (in addition to a Change in Control). Installment or deferred payments may be required by the Committee (subject to Section 10(c) of this Plan, including the consent provisions thereof in the case of any deferral of an outstanding Award not provided for in the original Award agreement) or permitted at the election of the Participant on terms and conditions established by the Committee and in compliance with the Nonqualified Deferred Compensation Rules. Payments may include, without limitation, provisions for the payment or crediting of reasonable interest on installment or deferred payments or the grant or crediting of Dividend Equivalents or other amounts in respect of installment or deferred payments denominated in Stock. Any deferral shall only be allowed as is provided in a separate deferred compensation plan adopted by the Company and shall be made pursuant to the Nonqualified Deferred Compensation Rules. This Plan shall not constitute an employee benefit plan for purposes of section 3(3) of the Employee Retirement Income Security Act of 1974, as amended.
(e) Exemptions from Section 16(b) Liability. It is the intent of the Company that the grant of any Awards to or other transaction by a Participant who is subject to section 16 of the Exchange Act shall be exempt from such section pursuant to an applicable exemption (except for transactions acknowledged in writing to be non-exempt by such Participant). Accordingly, if any provision of this Plan or any Award agreement does not comply with the
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requirements of Rule 16b-3 as then applicable to any such transaction, such provision shall be construed or deemed amended to the extent necessary to conform to the applicable requirements of Rule 16b-3 so that such Participant shall avoid liability under section 16(b) of the Exchange Act.
(f) Non-Competition Agreement. Each Participant to whom an Award is granted under this Plan may be required to agree in writing as a condition to the granting of such Award not to engage in conduct in competition with the Company or any of its Subsidiaries for a period after the termination of such Participants employment with the Company and its Subsidiaries as determined by the Committee (a Non-Competition Agreement); provided, however, to the extent a legally binding right to an Award within the meaning of the Nonqualified Deferred Compensation Rules is created with respect to a Participant, the Non-Competition Agreement must be entered into by such Participant within 30 days following the creation of such legally binding right.
8. Performance and Annual Incentive Awards.
(a) Performance Conditions. The right of an Eligible Person to receive a grant, and the right of a Participant to exercise or receive a grant or settlement of any Award, and the timing thereof, may be subject to such performance conditions as may be specified by the Committee. The Committee may use such business criteria and other measures of performance as it may deem appropriate in establishing any performance conditions, and may exercise its discretion to reduce or increase the amounts payable under any Award subject to performance conditions, except as limited under Sections 8(b) and 8(c) hereof in the case of a Performance Award or Annual Incentive Award intended to qualify under section 162(m) of the Code.
(b) Performance Awards Granted to Designated Covered Employees. If the Committee determines that a Performance Award to be granted to an Eligible Person who is designated by the Committee as likely to be a Covered Employee should qualify as performance-based compensation for purposes of section 162(m) of the Code, the grant, exercise and/or settlement of such Performance Award may be contingent upon achievement of preestablished performance goals and other terms set forth in this Section 8(b).
(i) Performance Goals Generally. The performance goals for such Performance Awards shall consist of one or more business criteria or individual performance criteria and a targeted level or levels of performance with respect to each of such criteria, as specified by the Committee consistent with this Section 8(b). Performance goals shall be objective and shall otherwise meet the requirements of section 162(m) of the Code and regulations thereunder (including Treasury Regulation §1.162-27 and successor regulations thereto), including the requirement that the level or levels of performance targeted by the Committee result in the achievement of performance goals being substantially uncertain at the time the Committee actually establishes the performance goal or goals. The Committee may determine that such Performance Awards shall be granted, exercised, and/or settled upon achievement of any one performance goal or that two or more of the performance goals must be achieved as a condition to grant, exercise and/or settlement of such Performance Awards. Performance goals may differ for Performance Awards granted to any one Participant or to different Participants.
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(ii) Business and Individual Performance Criteria
(A) Business Criteria. One or more of the following business criteria for the Company, on a consolidated basis, and/or for specified Subsidiaries or business or geographical units of the Company (except with respect to the total stockholder return and earnings per share criteria), shall be used by the Committee in establishing performance goals for such Performance Awards: (1) earnings per share; (2) increase in revenues; (3) increase in cash flow; (4) increase in cash flow from operations; (5) increase in cash flow return; (6) return on net assets; (7) return on assets; (8) return on investment; (9) return on capital; (10) return on equity; (11) economic value added; (12) operating margin; (13) contribution margin; (14) net income; (15) net income per share; (16) pretax earnings; (17) pretax earnings before interest, depreciation and amortization; (18) pretax operating earnings after interest expense and before incentives, service fees, and extraordinary or special items; (19) total stockholder return; (20) debt reduction; (21) market share; (22) change in the Fair Market Value of the Stock; (23) operating income; (24) lease operating expenses; and (25) any of the above goals determined on an absolute or relative basis or as compared to the performance of a published or special index deemed applicable by the Committee including, but not limited to, the Standard & Poors 500 Stock Index or a group of comparable companies. The Committee may exclude the impact of any of the following events or occurrences which the Committee determines should appropriately be excluded: (a) asset write-downs; (b) litigation, claims, judgments or settlements; (c) the effect of changes in tax law or other such laws or regulations affecting reported results; (d) accruals for reorganization and restructuring programs; (e) any extraordinary, unusual or nonrecurring items as described in the Accounting Standards Codification Topic 225, as the same may be amended or superseded from time to time; (f) any change in accounting principles as defined in the Accounting Standards Codification Topic 250, as the same may be amended or superseded from time to time; (g) any loss from a discontinued operation as described in the Accounting Standards Codification Topic 360, as the same may be amended or superseded from time to time; (h) goodwill impairment charges; (i) operating results for any business acquired during the calendar year; (j) third party expenses associated with any acquisition by us or any subsidiary; and (k) to the extent set forth with reasonable particularity in connection with the establishment of performance goals, any other extraordinary events or occurrences identified by the Committee. One or more of the foregoing business criteria shall also be exclusively used in establishing performance goals for Annual Incentive Awards granted to a Covered Employee under Section 8(c) hereof that are intended to qualify as performance-based compensation under section 162(m) of the Code.
(B) Individual Performance Criteria. The grant, exercise and/or settlement of Performance Awards may also be contingent upon individual performance goals established by the Committee. If required for compliance with section 162(m) of the Code, such criteria shall be approved by the stockholders of the Company.
(iii) Performance Period; Timing for Establishing Performance Goals. Achievement of performance goals in respect of such Performance Awards shall be measured over a performance period of up to ten years, as specified by the Committee. Performance goals shall be established not later than 90 days after the beginning of any performance period applicable to such Performance Awards, or at such other date as may be required or permitted for performance-based compensation under section 162(m) of the Code.
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(iv) Performance Award Pool. The Committee may establish a Performance Award pool, which shall be an unfunded pool, for purposes of measuring performance of the Company in connection with Performance Awards. The amount of such Performance Award pool shall be based upon the achievement of a performance goal or goals based on one or more of the criteria set forth in Section 8(b)(ii) hereof during the given performance period, as specified by the Committee in accordance with Section 8(b)(iii) hereof. The Committee may specify the amount of the Performance Award pool as a percentage of any of such criteria, a percentage thereof in excess of a threshold amount, or as another amount which need not bear a strictly mathematical relationship to such criteria.
(v) Settlement of Performance Awards; Other Terms. After the end of each performance period, the Committee shall determine the amount, if any, of (A) the Performance Award pool, and the maximum amount of the potential Performance Award payable to each Participant in the Performance Award pool, or (B) the amount of the potential Performance Award otherwise payable to each Participant. Settlement of such Performance Awards shall be in cash, Stock, other Awards or other property, in the discretion of the Committee. The Committee may, in its discretion, reduce the amount of a settlement otherwise to be made in connection with such Performance Awards, but may not exercise discretion to increase any such amount payable to a Covered Employee in respect of a Performance Award subject to this Section 8(b). The Committee shall specify the circumstances in which such Performance Awards shall be paid or forfeited in the event of termination of employment by the Participant prior to the end of a performance period or settlement of Performance Awards.
(c) Annual Incentive Awards Granted to Designated Covered Employees. If the Committee determines that an Annual Incentive Award to be granted to an Eligible Person who is designated by the Committee as likely to be a Covered Employee should qualify as performance-based compensation for purposes of section 162(m) of the Code, the grant, exercise and/or settlement of such Annual Incentive Award shall be contingent upon achievement of preestablished performance goals and other terms set forth in this Section 8(c).
(i) Potential Annual Incentive Awards. Not later than the end of the 90th day of each applicable year, or at such other date as may be required or permitted in the case of Awards intended to be performance-based compensation under section 162(m) of the Code, the Committee shall determine the Eligible Persons who will potentially receive Annual Incentive Awards, and the amounts potentially payable thereunder, for that fiscal year, either out of an Annual Incentive Award pool established by such date under Section 8(c)(ii) hereof or as individual Annual Incentive Awards. The amount potentially payable, with respect to Annual Incentive Awards, shall be based upon the achievement of a performance goal or goals based on one or more of the business criteria set forth in Section 8(b)(ii) hereof in the given performance year, as specified by the Committee.
(ii) Annual Incentive Award Pool. The Committee may establish an Annual Incentive Award pool, which shall be an unfunded pool, for purposes of measuring performance of the Company in connection with Annual Incentive Awards. The amount of such Annual Incentive Award pool shall be based upon the achievement of a performance goal or goals based on one or more of the business criteria set forth in Section 8(b)(ii) hereof during the given performance period, as specified by the Committee in accordance with Section 8(b)(iii) hereof.
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The Committee may specify the amount of the Annual Incentive Award pool as a percentage of any of such business criteria, a percentage thereof in excess of a threshold amount, or as another amount which need not bear a strictly mathematical relationship to such business criteria.
(iii) Payout of Annual Incentive Awards. After the end of each applicable year, the Committee shall determine the amount, if any, of (A) the Annual Incentive Award pool, and the maximum amount of the potential Annual Incentive Award payable to each Participant in the Annual Incentive Award pool, or (B) the amount of the potential Annual Incentive Award otherwise payable to each Participant. The Committee may, in its discretion, determine that the amount payable to any Participant as a final Annual Incentive Award shall be reduced from the amount of his or her potential Annual Incentive Award, including a determination to make no final Award whatsoever, but may not exercise discretion to increase any such amount in the case of an Annual Incentive Award intended to qualify under section 162(m) of the Code. The Committee shall specify the circumstances in which an Annual Incentive Award shall be paid or forfeited in the event of termination of employment by the Participant prior to the end of the applicable year or settlement of such Annual Incentive Award.
(d) Written Determinations. All determinations by the Committee as to the establishment of performance goals, the amount of any Performance Award pool or potential individual Performance Awards, the achievement of performance goals relating to and final settlement of Performance Awards under Section 8(b), the amount of any Annual Incentive Award pool or potential individual Annual Incentive Awards, the achievement of performance goals relating to and final settlement of Annual Incentive Awards under Section 8(c) shall be made in writing in the case of any Award intended to qualify under section 162(m) of the Code. The Committee may not delegate any responsibility relating to such Performance Awards or Annual Incentive Awards.
(e) Status of Section 8(b) and Section 8(c) Awards under Section 162(m) of the Code. It is the intent of the Company that Performance Awards and Annual Incentive Awards under Sections 8(b) and 8(c) hereof granted to Persons who are designated by the Committee as likely to be Covered Employees within the meaning of section 162(m) of the Code and the regulations thereunder (including Treasury Regulation §1.162-27 and successor regulations thereto) shall, if so designated by the Committee, constitute performance-based compensation within the meaning of section 162(m) of the Code and regulations thereunder. Accordingly, the terms of Sections 8(b), (c), (d) and (e), including the definitions of Covered Employee and other terms used therein, shall be interpreted in a manner consistent with section 162(m) of the Code and regulations thereunder. The foregoing notwithstanding, because the Committee cannot determine with certainty whether a given Eligible Person will be a Covered Employee with respect to a fiscal year that has not yet been completed, the term Covered Employee as used herein shall mean only a Person designated by the Committee, at the time of grant of a Performance Award or an Annual Incentive Award, who is likely to be a Covered Employee with respect to that fiscal year. If any provision of this Plan as in effect on the date of adoption of any agreements relating to Performance Awards or Annual Incentive Awards that are designated as intended to comply with section 162(m) of the Code does not comply or is inconsistent with the requirements of section 162(m) of the Code or regulations thereunder, such provision shall be construed or deemed amended to the extent necessary to conform to such requirements.
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9. Subdivision or Consolidation; Recapitalization; Change in Control; Reorganization.
(a) Existence of Plans and Awards. The existence of this Plan and the Awards granted hereunder shall not affect in any way the right or power of the Board or the stockholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Companys capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities ahead of or affecting Stock or the rights thereof, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. In no event will any action taken by the Committee pursuant to this Section 9 result in the creation of deferred compensation within the meaning of section 409A of the Code and the regulations and other guidance promulgated thereunder.
(b) Subdivision or Consolidation of Shares. The terms of an Award and the number of shares of Stock authorized pursuant to Section 4 for issuance under the Plan shall be subject to adjustment from time to time, in accordance with the following provisions:
(i) If at any time, or from time to time, the Company shall subdivide as a whole (by reclassification, by a Stock split, by the issuance of a distribution on Stock payable in Stock, or otherwise) the number of shares of Stock then outstanding into a greater number of shares of Stock or in the event the Company distributes an extraordinary cash dividend, then, in each such case as appropriate, (A) the maximum number of shares of Stock available for the Plan or in connection with Awards as provided in Sections 4 and 5 shall be increased proportionately, and the kind of shares or other securities available for the Plan shall be appropriately adjusted, (B) the number of shares of Stock (or other kind of shares or securities) that may be acquired under any then outstanding Award shall be increased proportionately, and (C) the price (including the exercise price) for each share of Stock (or other kind of shares or securities) subject to then outstanding Awards shall be reduced proportionately, without changing the aggregate purchase price or value as to which outstanding Awards remain exercisable or subject to restrictions.
(ii) If at any time, or from time to time, the Company shall consolidate as a whole (by reclassification, by reverse Stock split, or otherwise) the number of shares of Stock then outstanding into a lesser number of shares of Stock, (A) the maximum number of shares of Stock for the Plan or available in connection with Awards as provided in Sections 4 and 5 shall be decreased proportionately, and the kind of shares or other securities available for the Plan shall be appropriately adjusted, (B) the number of shares of Stock (or other kind of shares or securities) that may be acquired under any then outstanding Award shall be decreased proportionately, and (C) the price (including the exercise price) for each share of Stock (or other kind of shares or securities) subject to then outstanding Awards shall be increased proportionately, without changing the aggregate purchase price or value as to which outstanding Awards remain exercisable or subject to restrictions.
(iii) Whenever the number of shares of Stock subject to outstanding Awards and the price for each share of Stock subject to outstanding Awards are required to be adjusted as provided in this Section 9(b), the Committee shall promptly prepare a notice setting
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forth, in reasonable detail, the event requiring adjustment, the amount of the adjustment, the method by which such adjustment was calculated, and the change in price and the number of shares of Stock, other securities, cash, or property purchasable subject to each Award after giving effect to the adjustments. The Committee shall promptly provide each affected Participant with such notice.
(iv) Adjustments under Sections 9(b)(i) and (ii) shall be made by the Committee, and its determination as to what adjustments shall be made and the extent thereof shall be final, binding, and conclusive. No fractional interest shall be issued under the Plan on account of any such adjustments.
(c) Corporate Recapitalization. If the Company recapitalizes, reclassifies its capital stock, or otherwise changes its capital structure (a recapitalization) without the occurrence of a Change in Control, the number and class of shares of Stock covered by an Option or a SAR theretofore granted shall be adjusted so that such Option or SAR shall thereafter cover the number and class of shares of stock and securities to which the holder would have been entitled pursuant to the terms of the recapitalization if, immediately prior to the recapitalization, the holder had been the holder of record of the number of shares of Stock then covered by such Option or SAR and the share limitations provided in Sections 4 and 5 shall be adjusted in a manner consistent with the recapitalization.
(d) Additional Issuances. Except as hereinbefore expressly provided, the issuance by the Company of shares of stock of any class or securities convertible into shares of stock of any class, for cash, property, labor or services, upon direct sale, upon the exercise of rights or warrants to subscribe therefor, or upon conversion of shares or obligations of the Company convertible into such shares or other securities, and in any case whether or not for fair value, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number of shares of Stock subject to Awards theretofore granted or the purchase price per share, if applicable.
(e) Change in Control. Upon a Change in Control, the Committee, acting in its sole discretion without the consent or approval of any holder, shall affect one or more of the following alternatives, which may vary among individual holders and which may vary among Options or SARs (collectively Grants) held by any individual holder: (i) accelerate the time at which Grants then outstanding may be exercised so that such Grants may be exercised in full for a limited period of time on or before a specified date (before or after such Change in Control) fixed by the Committee, after which specified date all unexercised Grants and all rights of holders thereunder shall terminate, (ii) require the mandatory surrender to the Company by selected holders of some or all of the outstanding Grants held by such holders (irrespective of whether such Grants are then exercisable under the provisions of this Plan) as of a date, before or after such Change in Control, specified by the Committee, in which event the Committee shall thereupon cancel such Grants and pay to each holder an amount of cash (or other consideration including securities or other property) per share equal to the excess, if any, of the amount calculated in Section 9(f) (the Change in Control Price) of the shares subject to such Grants over the Exercise Price(s) under such Grants for such shares (except that to the extent the Exercise Price under any such Grant is equal to or exceeds the Change in Control Price, in which case no amount shall be payable with respect to such Grant), or (iii) make such adjustments to
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Grants then outstanding as the Committee deems appropriate to reflect such Change in Control; provided, however, that the Committee may determine in its sole discretion that no adjustment is necessary to Grants then outstanding; provided, further, however, that the right to make such adjustments shall include, but not require or be limited to, the modification of Grants such that the holder of the Grant shall be entitled to purchase or receive (in lieu of the total number of shares of Stock as to which an Option or SAR is exercisable (the Total Shares) or other consideration that the holder would otherwise be entitled to purchase or receive under the Grant (the Total Consideration)), the number of shares of stock, other securities, cash or property to which the Total Consideration would have been entitled to in connection with the Change in Control (A) (in the case of Options), at an aggregate exercise price equal to the exercise price that would have been payable if the Total Shares had been purchased upon the exercise of the Grant immediately before the consummation of the Change in Control and (B) in the case of SARs, if the SARs had been exercised immediately before the occurrence of the Change in Control.
(f) Change in Control Price. The Change in Control Price shall equal the amount determined in the following clause (i), (ii), (iii), (iv) or (v), whichever is applicable, as follows: (i) the price per share offered to holders of Stock in any merger or consolidation, (ii) the per share Fair Market Value of the Stock immediately before the Change in Control without regard to assets sold in the Change in Control and assuming the Company has received the consideration paid for the assets in the case of a sale of the assets, (iii) the amount distributed per share of Stock in a dissolution transaction, (iv) the price per share offered to holders of Stock in any tender offer or exchange offer whereby a Change in Control takes place, or (v) if such Change in Control occurs other than pursuant to a transaction described in clauses (i), (ii), (iii), or (iv) of this Section 9(f), the Fair Market Value per share of the Stock that may otherwise be obtained with respect to such Grants or to which such Grants track, as determined by the Committee as of the date determined by the Committee to be the date of cancellation and surrender of such Grants. In the event that the consideration offered to stockholders of the Company in any transaction described in this Section 9(f) or in Section 9(e) consists of anything other than cash, the Committee shall determine the fair cash equivalent of the portion of the consideration offered which is other than cash and such determination shall be binding on all affected Participants to the extent applicable to Awards held by such Participants.
(g) Impact of Corporate Events on Awards Generally. In the event of a Change in Control or changes in the outstanding Stock by reason of a recapitalization, reorganization, merger, consolidation, combination, exchange or other relevant change in capitalization occurring after the date of the grant of any Award and not otherwise provided for by this Section 9, any outstanding Awards and any Award agreements evidencing such Awards shall be subject to adjustment by the Committee at its discretion, which adjustment may, in the Committees discretion, be described in the Award agreement and may include, but not be limited to, adjustments as to the number and price of shares of Stock or other consideration subject to such Awards, accelerated vesting (in full or in part) of such Awards, conversion of such Awards into awards denominated in the securities or other interests of any successor Person, or the cash settlement of such Awards in exchange for the cancellation thereof. In the event of any such change in the outstanding Stock, the aggregate number of shares of Stock available under this Plan may be appropriately adjusted by the Committee, whose determination shall be conclusive.
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10. General Provisions.
(a) Transferability.
(i) Permitted Transferees. The Committee may, in its discretion, permit a Participant to transfer all or any portion of an Option or SAR, or authorize all or a portion of an Option or SAR to be granted to an Eligible Person to be on terms which permit transfer by such Participant; provided that, in either case the transferee or transferees must be any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, in each case with respect to the Participant, an individual sharing the Participants household (other than a tenant or employee of the Company), a trust in which any of the foregoing individuals have more than fifty percent of the beneficial interest, a foundation in which any of the foregoing individuals (or the Participant) control the management of assets, and any other entity in which any of the foregoing individuals (or the Participant) own more than fifty percent of the voting interests (collectively, Permitted Transferees); provided further that, (X) there may be no consideration for any such transfer and (Y) subsequent transfers of Options or SARs transferred as provided above shall be prohibited except subsequent transfers back to the original holder of the Option or SAR and transfers to other Permitted Transferees of the original holder. Agreements evidencing Options or SARs with respect to which such transferability is authorized at the time of grant must be approved by the Committee, and must expressly provide for transferability in a manner consistent with this Section 10(a)(i).
(ii) Qualified Domestic Relations Orders. An Option, Stock Appreciation Right, Restricted Stock Unit Award, Restricted Stock Award or other Award may be transferred, to a Permitted Transferee, pursuant to a domestic relations order entered or approved by a court of competent jurisdiction upon delivery to the Company of written notice of such transfer and a certified copy of such order.
(iii) Other Transfers. Except as expressly permitted by Sections 10(a)(i) and 10(a)(ii), Awards shall not be transferable other than by will or the laws of descent and distribution. Notwithstanding anything to the contrary in this Section 10, an Incentive Stock Option shall not be transferable other than by will or the laws of descent and distribution.
(iv) Effect of Transfer. Following the transfer of any Award as contemplated by Sections 10(a)(i), 10(a)(ii) and 10(a)(iii), (A) such Award shall continue to be subject to the same terms and conditions as were applicable immediately prior to transfer, provided that the term Participant shall be deemed to refer to the Permitted Transferee, the recipient under a qualified domestic relations order, or the estate or heirs of a deceased Participant or other transferee, as applicable, to the extent appropriate to enable the Participant to exercise the transferred Award in accordance with the terms of this Plan and applicable law and (B) the provisions of the Award relating to exercisability shall continue to be applied with respect to the original Participant and, following the occurrence of any applicable events described therein the Awards shall be exercisable by the Permitted Transferee, the recipient under a qualified domestic relations order, or the estate or heirs of a deceased Participant, as applicable, only to the extent and for the periods that would have been applicable in the absence of the transfer.
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(v) Procedures and Restrictions. Any Participant desiring to transfer an Award as permitted under Sections 10(a)(i), 10(a)(ii) or 10(a)(iii) shall make application therefor in the manner and time specified by the Committee and shall comply with such other requirements as the Committee may require to assure compliance with all applicable securities laws. The Committee shall not give permission for such a transfer if (A) it would give rise to short swing liability under section 16(b) of the Exchange Act or (B) it may not be made in compliance with all applicable federal, state and foreign securities laws.
(vi) Registration. To the extent the issuance to any Permitted Transferee of any shares of Stock issuable pursuant to Awards transferred as permitted in this Section 10(a) is not registered pursuant to the effective registration statement of the Company generally covering the shares to be issued pursuant to this Plan to initial holders of Awards, the Company shall not have any obligation to register the issuance of any such shares of Stock to any such transferee.
(b) Taxes. The Company and any of its Subsidiaries are authorized to withhold from any Award granted, or any payment relating to an Award under this Plan, including from a distribution of Stock, amounts of withholding and other taxes due or potentially payable in connection with any transaction involving an Award, and to take such other action as the Committee may deem advisable to enable the Company and Participants to satisfy obligations for the payment of withholding taxes and other tax obligations relating to any Award. This authority shall include authority to withhold or receive Stock or other property and to make cash payments in respect thereof in satisfaction of a Participants tax obligations, either on a mandatory or elective basis in the discretion of the Committee.
(c) Changes to this Plan and Awards. The Board may amend, alter, suspend, discontinue or terminate this Plan or the Committees authority to grant Awards under this Plan without the consent of stockholders or Participants, except that any amendment or alteration to this Plan, including any increase in any share limitation, shall be subject to the approval of the Companys stockholders not later than the annual meeting next following such Board action if such stockholder approval is required by any federal or state law or regulation or the rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Board may otherwise, in its discretion, determine to submit other such changes to this Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Board action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. The Committee may waive any conditions or rights under, or amend, alter, suspend, discontinue or terminate any Award theretofore granted and any Award agreement relating thereto, except as otherwise provided in this Plan; provided, however, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under such Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 9 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants.
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(d) Limitation on Rights Conferred under Plan. Neither this Plan nor any action taken hereunder shall be construed as (i) giving any Eligible Person or Participant the right to continue as an Eligible Person or Participant or in the employ or service of the Company or any of its Subsidiaries, (ii) interfering in any way with the right of the Company or any of its Subsidiaries to terminate any Eligible Persons or Participants employment or service relationship at any time, (iii) giving an Eligible Person or Participant any claim to be granted any Award under this Plan or to be treated uniformly with other Participants and/or employees and/or other service providers, or (iv) conferring on a Participant any of the rights of a stockholder of the Company unless and until the Participant is duly issued or transferred shares of Stock in accordance with the terms of an Award.
(e) Unfunded Status of Awards. This Plan is intended to constitute an unfunded plan for certain incentive awards.
(f) Nonexclusivity of this Plan. Neither the adoption of this Plan by the Board nor its submission to the stockholders of the Company for approval shall be construed as creating any limitations on the power of the Board or a committee thereof to adopt such other incentive arrangements as it may deem desirable, including incentive arrangements and awards which do not qualify under section 162(m) of the Code. Nothing contained in this Plan shall be construed to prevent the Company or any of its Subsidiaries from taking any corporate action which is deemed by the Company or such Subsidiary to be appropriate or in its best interest, whether or not such action would have an adverse effect on this Plan or any Award made under this Plan. No employee, beneficiary or other person shall have any claim against the Company or any of its Subsidiaries as a result of any such action.
(g) Fractional Shares. No fractional shares of Stock shall be issued or delivered pursuant to this Plan or any Award. The Committee shall determine whether cash, other Awards or other property shall be issued or paid in lieu of such fractional shares or whether such fractional shares or any rights thereto shall be forfeited or otherwise eliminated.
(h) Severability. If any provision of this Plan is held to be illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining provisions hereof, but such provision shall be fully severable and the Plan shall be construed and enforced as if the illegal or invalid provision had never been included herein. If any of the terms or provisions of this Plan or any Award agreement conflict with the requirements of Rule 16b-3 (as those terms or provisions are applied to Eligible Persons who are subject to section 16(b) of the Exchange Act) or section 422 of the Code (with respect to Incentive Stock Options), then those conflicting terms or provisions shall be deemed inoperative to the extent they so conflict with the requirements of Rule 16b-3 (unless the Board or the Committee, as appropriate, has expressly determined that the Plan or such Award should not comply with Rule 16b-3) or section 422 of the Code. With respect to Incentive Stock Options, if this Plan does not contain any provision required to be included herein under section 422 of the Code, that provision shall be deemed to be incorporated herein with the same force and effect as if that provision had been set out at length herein; provided, further, that, to the extent any Option that is intended to qualify as an Incentive Stock Option cannot so qualify, that Option (to that extent) shall be deemed an Option not subject to section 422 of the Code for all purposes of the Plan.
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(i) Governing Law. All questions arising with respect to the provisions of the Plan and Awards shall be determined by application of the laws of the State of Delaware, without giving effect to any conflict of law provisions thereof, except to the extent Delaware law is preempted by federal law. The obligation of the Company to sell and deliver Stock hereunder is subject to applicable federal and state laws and to the approval of any governmental authority required in connection with the authorization, issuance, sale, or delivery of such Stock.
(j) Conditions to Delivery of Stock. Nothing herein or in any Award granted hereunder or any Award agreement shall require the Company to issue any shares with respect to any Award if that issuance would, in the opinion of counsel for the Company, constitute a violation of the Securities Act or any similar or superseding statute or statutes, any other applicable statute or regulation, or the rules of any applicable securities exchange or securities association, as then in effect. At the time of any exercise of an Option or Stock Appreciation Right, or at the time of any grant of a Restricted Stock Award, Restricted Stock Unit, or other Award the Company may, as a condition precedent to the exercise of such Option or Stock Appreciation Right or settlement of any Restricted Stock Award, Restricted Stock Unit or other Award, require from the Participant (or in the event of his or her death, his or her legal representatives, heirs, legatees, or distributees) such written representations, if any, concerning the holders intentions with regard to the retention or disposition of the shares of Stock being acquired pursuant to the Award and such written covenants and agreements, if any, as to the manner of disposal of such shares as, in the opinion of counsel to the Company, may be necessary to ensure that any disposition by that holder (or in the event of the holders death, his or her legal representatives, heirs, legatees, or distributees) will not involve a violation of the Securities Act or any similar or superseding statute or statutes, any other applicable state or federal statute or regulation, or any rule of any applicable securities exchange or securities association, as then in effect. No Option or Stock Appreciation Right shall be exercisable and no settlement of any Restricted Stock Award or Restricted Stock Unit shall occur with respect to a Participant unless and until the holder thereof shall have paid cash or property to, or performed services for, the Company or any of its Subsidiaries that the Committee believes is equal to or greater in value than the par value of the Stock subject to such Award.
(k) Section 409A of the Code. In the event that any Award granted pursuant to this Plan provides for a deferral of compensation within the meaning of the Nonqualified Deferred Compensation Rules, it is the general intention, but not the obligation, of the Company to design such Award to comply with the Nonqualified Deferred Compensation Rules and such Award should be interpreted accordingly.
(l) Plan Effective Date and Term. This Plan was adopted by the Board on the Effective Date. No Awards may be granted under this Plan on and after , .1
1 | Date to be inserted which is no later than 10th anniversary of Effective Date. |
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Exhibit 10.2
MEMORIAL RESOURCE DEVELOPMENT CORP.
2014 LONG TERM INCENTIVE PLAN
RESTRICTED STOCK GRANT AND AWARD AGREEMENT
This Agreement is made and entered into as of (the Date of Grant) by and between Memorial Resource Development Corp., a Delaware corporation (the Company), and (the Grantee or you);
WHEREAS, the Company adopted the Memorial Resource Development Corp. 2014 Long Term Incentive Plan as it may be amended from time to time (the Plan) under which the Company is authorized to grant restricted stock awards to certain employees and service providers of the Company;
WHEREAS, the Company, in order to induce you to enter into and to continue and dedicate service to the Company and to materially contribute to the success of the Company, agrees to grant you this restricted stock award;
WHEREAS, a copy of the Plan has been furnished to you and shall be deemed a part of this restricted stock grant and award agreement (Agreement) as if fully set forth herein and the terms capitalized but not defined herein shall have the meanings set forth in the Plan; and
WHEREAS, you desire to accept the restricted stock award made pursuant to this Agreement.
NOW, THEREFORE, in consideration of the mutual covenants set forth herein and for other valuable consideration hereinafter set forth, the parties agree as follows:
1. | The Grant. Subject to the conditions set forth below, the Company hereby grants you effective as of the Date of Grant, as a matter of separate inducement but not in lieu of any salary or other compensation for your services for the Company, an award (the Award) consisting of shares of Stock (the Restricted Shares) in accordance with the terms and conditions set forth herein and in the Plan. |
2. | Escrow of Restricted Shares. The Company shall evidence the Restricted Shares in the manner that it deems appropriate. The Company may issue in your name a certificate or certificates representing the Restricted Shares and retain that certificate or those certificates until the restrictions on such Restricted Shares expire as described in Section 5 of this Agreement or the Restricted Shares are forfeited as described in Sections 4 and 6 of this Agreement. If the Company certificates the Restricted Shares, you shall execute one or more stock powers in blank for those certificates and deliver those stock powers to the Company. The Company shall hold the Restricted Shares and the related stock powers pursuant to the terms of this Agreement, if applicable, until such time as (a) a certificate or certificates for the Restricted Shares are delivered to you, (b) the Restricted Shares are otherwise transferred to you free of restrictions, or (c) the Restricted Shares are canceled and forfeited pursuant to this Agreement. |
3. | Ownership of Restricted Shares. From and after the time the Restricted Shares are issued in your name, you will be entitled to all the rights of absolute ownership of the Restricted Shares, including the right to vote those shares and to receive dividends thereon if, as, and when declared by the Board, subject, however, to the terms, conditions and restrictions set forth in this Agreement; provided, however, that each dividend payment will be made no later than the 60th day following the date such dividend payment is made to stockholders generally. |
4. | Restrictions; Forfeiture. The Restricted Shares are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as described in Section 5 of this Agreement. The Restricted Shares are also restricted in the sense that they may be forfeited to the Company (the Forfeiture Restrictions). You hereby agree that if the Restricted Shares are forfeited, as provided in Section 6, the Company shall have the right to deliver the Restricted Shares to the Companys transfer agent for, at the Companys election, cancellation or transfer to the Company. |
5. | Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares granted pursuant to Section 4 of this Agreement will expire and the Restricted Shares will become transferable and nonforfeitable, provided that, subject to Section 6(b), you remain in the employ of, or a service provider to, the Company or its Subsidiaries until the applicable dates set forth in the following schedule: |
Number of Shares of Restricted Shares | Vesting Date | |
[x] | One Year Anniversary of the Date of Grant | |
[x] | Two Year Anniversary of the Date of Grant | |
[x] | Three Year Anniversary of the Date of Grant |
6. | Termination of Services and Change in Control. |
a. | Termination Generally. If your service relationship with the Company or any of its Subsidiaries is terminated for any reason, then those Restricted Shares for which the restrictions have not lapsed as of the date of termination shall become null and void and those Restricted Shares shall be forfeited to the Company. The Restricted Shares for which the restrictions have lapsed as of the date of such termination shall not be forfeited to the Company. |
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b. | Change in Control. Notwithstanding the vesting schedule set forth in Section 5 above, upon the occurrence of a Change in Control, 100% of the Restricted Shares for which the restrictions have not yet lapsed as of the date of the Change in Control shall become immediately vested. |
7. | Leave of Absence. With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will be considered to still be in the employ of, or providing services for, the Company, provided that rights to the Restricted Shares during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began. |
8. | Delivery of Stock. Promptly following the expiration of the restrictions on the Restricted Shares as contemplated in Section 5 or Section 6(b) of this Agreement, the Company shall cause to be issued and delivered to you or your designee a certificate or other evidence of the number of Restricted Shares as to which restrictions have lapsed, free of any restrictive legend relating to the lapsed restrictions, upon receipt by the Company of any tax withholding as may be requested pursuant to Section 9. The value of such Restricted Shares shall not bear any interest owing to the passage of time. |
9. | Payment of Taxes. The Company shall require you to pay to the Company (or the Companys Subsidiary if you are an employee of a Subsidiary of the Company), an amount the Company deems necessary to satisfy its (or its Subsidiarys) current or future obligation to withhold federal, state or local income or other taxes that you incur as a result of the Award. With respect to any required tax withholding, you may (a) direct the Company to withhold from the shares of Stock to be issued to you under this Agreement the number of shares necessary to satisfy the Companys obligation to withhold taxes; which determination will be based on the shares Fair Market Value at the time such determination is made; (b) deliver to the Company shares of Stock sufficient to satisfy the Companys tax withholding obligations, based on the shares Fair Market Value at the time such determination is made; (c) deliver cash to the Company sufficient to satisfy its tax withholding obligations; or (d) satisfy such tax withholding through any combination of (a), (b) and (c). If you desire to elect to use the stock withholding option described in subparagraph (a), you must make the election at the time and in the manner the Company prescribes. The Company, in its discretion, may deny your request to satisfy its tax withholding obligations using a method described under subparagraph (a) or (b). |
10. | Compliance with Securities Law. Notwithstanding any provision of this Agreement to the contrary, the issuance of Stock (including Restricted Shares) will be subject to compliance with all applicable requirements of federal, state, or foreign law with respect to such securities and with the requirements of any stock exchange or market system upon which the Stock may then be listed. No Stock will be issued hereunder if such |
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issuance would constitute a violation of any applicable federal, state, or foreign securities laws or other law or regulations or the requirements of any stock exchange or market system upon which the Stock may then be listed. In addition, Stock will not be issued hereunder unless (a) a registration statement under the Securities Act of 1933, as amended (the Act), is at the time of issuance in effect with respect to the shares issued or (b) in the opinion of legal counsel to the Company, the shares issued may be issued in accordance with the terms of an applicable exemption from the registration requirements of the Act. The inability of the Company to obtain from any regulatory body having jurisdiction the authority, if any, deemed by the Companys legal counsel to be necessary to the lawful issuance and sale of any shares subject to the Award will relieve the Company of any liability in respect of the failure to issue such shares as to which such requisite authority has not been obtained. As a condition to any issuance hereunder, the Company may require you to satisfy any qualifications that may be necessary or appropriate to evidence compliance with any applicable law or regulation and to make any representation or warranty with respect to such compliance as may be requested by the Company. From time to time, the Board and appropriate officers of the Company are authorized to take the actions necessary and appropriate to file required documents with governmental authorities, stock exchanges, and other appropriate Persons to make shares of Stock available for issuance. |
11. | Legends. The Company may at any time place legends referencing any restrictions imposed on the shares pursuant to Sections 4 or 10 of this Agreement on all certificates representing shares issued with respect to this Award. |
12. | Right of the Company and Subsidiaries to Terminate Services. Nothing in this Agreement confers upon you the right to continue in the employ of or performing services for the Company or any Subsidiary, or interfere in any way with the rights of the Company or any Subsidiary to terminate your employment or service relationship at any time. |
13. | Furnish Information. You agree to furnish to the Company all information requested by the Company to enable it to comply with any reporting or other requirements imposed upon the Company by or under any applicable statute or regulation. |
14. | Remedies. The parties to this Agreement shall be entitled to recover from each other reasonable attorneys fees incurred in connection with the successful enforcement of the terms and provisions of this Agreement whether by an action to enforce specific performance or for damages for its breach or otherwise. |
15. | No Liability for Good Faith Determinations. The Company and the members of the Board shall not be liable for any act, omission or determination taken or made in good faith with respect to this Agreement or the Restricted Shares granted hereunder. |
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16. | Execution of Receipts and Releases. Any payment of cash or any issuance or transfer of shares of Stock or other property to you, or to your legal representative, heir, legatee or distributee, in accordance with the provisions hereof, shall, to the extent thereof, be in full satisfaction of all claims of such Persons hereunder. The Company may require you or your legal representative, heir, legatee or distributee, as a condition precedent to such payment or issuance, to execute a release and receipt therefor in such form as it shall determine. |
17. | No Guarantee of Interests. The Board and the Company do not guarantee the Stock of the Company from loss or depreciation. |
18. | Notice. All notices required or permitted under this Agreement must be in writing and personally delivered or sent by mail and shall be deemed to be delivered on the date on which it is actually received by the person to whom it is properly addressed or if earlier the date it is sent via certified United States mail. |
19. | Waiver of Notice. Any person entitled to notice hereunder may waive such notice in writing. |
20. | Information Confidential. As partial consideration for the granting of the Award hereunder, you hereby agree to keep confidential all information and knowledge, except that which has been disclosed in any public filings required by law, that you have relating to the terms and conditions of this Agreement; provided, however, that such information may be disclosed as required by law and may be given in confidence to your spouse and tax and financial advisors. In the event any breach of this promise comes to the attention of the Company, it shall take into consideration that breach in determining whether to recommend the grant of any future similar award to you, as a factor weighing against the advisability of granting any such future award to you. |
21. | Successors. This Agreement shall be binding upon you, your legal representatives, heirs, legatees and distributees, and upon the Company, its successors and assigns. |
22. | Severability. If any provision of this Agreement is held to be illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining provisions hereof, but such provision shall be fully severable and this Agreement shall be construed and enforced as if the illegal or invalid provision had never been included herein. |
23. | Company Action. Any action required of the Company shall be by resolution of the Board or by a person or entity authorized to act by resolution of the Board. |
24. | Headings. The titles and headings of Sections are included for convenience of reference only and are not to be considered in construction of the provisions hereof. |
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25. | Governing Law. All questions arising with respect to the provisions of this Agreement shall be determined by application of the laws of Delaware without giving any effect to any conflict of law provisions thereof, except to the extent Delaware state law is preempted by federal law. The obligation of the Company to sell and deliver Stock hereunder is subject to applicable laws and to the approval of any governmental authority required in connection with the authorization, issuance, sale, or delivery of such Stock. |
26. | Amendment. This Agreement may be amended the Board or by the Committee at any time; provided that any amendment that would adversely affect your rights hereunder shall not be effective without your consent. |
27. | The Plan. This Agreement is subject to all the terms, conditions, limitations and restrictions contained in the Plan. |
[Signature Page Follows]
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IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its officer thereunto duly authorized, and the Grantee has set his hand as to the date and year first above written.
MEMORIAL RESOURCE DEVELOPMENT CORP. | ||
By: | ||
Name: | ||
Title: |
[GRANTEE NAME] |
|
GRANTEE |
Signature Page to Restricted Stock Grant and Award Agreement
Exhibit 10.5
MANAGEMENT SERVICES AGREEMENT
This Management Services Agreement (this Agreement) is executed and agreed to as of , 2014 (the Effective Date) by and among Memorial Resource Development Corp., a Delaware corporation (the Parent), WildHorse Resources, LLC, a Delaware limited liability company (the Company), and WildHorse Resources Management Company, LLC, a Delaware limited liability company (the Service Provider). The Parent, the Company and the Service Provider are hereinafter each referred to as a Party and are collectively referred to as the Parties.
RECITALS
WHEREAS, the Company, Service Provider, and WildHorse Resources II, LLC were previously parties to that certain Amended and Restated Management Services Agreement, dated as of August 8, 2013, which was terminated as of the date hereof;
WHEREAS, the Service Provider has in place a staff of management, administrative, financial, accounting, marketing, and human resource personnel capable of providing transition services to the Company;
WHEREAS, the Parent and the Company desire to enter into this Agreement with the Service Provider to obtain certain services necessary to manage the certain operations of the Companys business, as more fully described herein; and
WHEREAS, the Service Provider desires to provide the Services (as defined below) to the Company.
NOW THEREFORE, in consideration of the premises and the mutual covenants and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
ARTICLE I. DEFINITIONS
1.1 Definitions. As used in this Agreement, the following terms shall have the respective meanings set forth below:
Agreement is defined in the preamble.
Asset or Assets means all assets and property, real or personal, owned by the Company.
Company is defined in the preamble.
Effective Date is defined in the preamble.
Force Majeure Event means any event not reasonably within the control of the Party claiming the force majeure, including the following to the extent such events are not reasonably within the control of the Party claiming the force majeure: act of God, act of the public enemy, war, blockade, public riot, lightning, fire, storm, flood or other act of nature, explosion, governmental action (including changes in Laws, regulations or policies with the effect of Law or, in each case, the enforcement thereof), and governmental delay or restraint (including with respect to the issuance of permits); provided, however, that a Force Majeure Event shall not include (i) lack of financing or funds and (ii) to the extent affecting only such Partys or such Partys affiliates employees, any strike, work stoppage or other organized labor difficulty.
Governmental Authority means any federal, state, local, municipal, tribal or other government; any governmental, regulatory or administrative agency, commission, body or other authority exercising or entitled to exercise any administrative, executive, judicial, legislative, regulatory or taxing authority or power; and any court or governmental tribunal having or asserting jurisdiction.
Law means any applicable constitutional provision, statute, act, code, law, regulation, rule, ordinance, order, decree, ruling, proclamation, resolution, judgment, decision, declaration or interpretative or advisory opinion or letter of a Governmental Authority.
Management Fee is defined in Section 3.3.
Outsourced Service is defined in Section 2.1.
Parent is defined in the preamble.
Party and Parties are defined in the preamble.
Person means a natural person, partnership (whether general or limited), limited liability company, Governmental Authority, trust, estate, association, corporation, venture, custodian, nominee or any other individual or entity in its own or any representative capacity.
Prudent Industry Practice means, at a particular time, any of the practices, methods, standards of care, skill, safety and diligence, as the same may change from time to time, but applied in light of the facts known at the time, that are consistent with the general standards applied or utilized under comparable circumstances by a reasonably prudent operator, in a good and workmanlike manner, with due diligence and dispatch, in accordance with good industry practice.
Service Provider is defined in the preamble.
Services is defined in Section 2.1.
Term is defined in Section 4.1.
Third Party means a Person other than a Party.
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ARTICLE II.
SERVICES
2.1 Services. The Service Provider shall provide the Company with the services necessary to manage the day to day operations of the Company, including general and administrative, operational and other similar services necessary and sufficient or appropriate to conduct the affairs of the Company (the Services). The Services shall include, but are not limited to, the services set forth on Schedule 2.1 hereto. Such Services shall be provided by the Service Provider solely for the benefit of the Parent and the Company. The Service Provider may cause one or more Third Party contractors, subject to the prior approval of the Company, to provide any of the Services (any such Services provided by Third Party contractors being referred to herein as an Outsourced Service); provided, however, that except as expressly provided in this Agreement, any Outsourced Services shall be subject to the provisions of this Agreement in the same way as any Service that is not an Outsourced Service is subject to the provisions of this Agreement.
2.2 Records and Auditing Rights. The Service Provider shall at all times maintain adequate books and records to verify the accounts and transactions under this Agreement. Such records shall be retained and kept available for inspection and audit by the Parent and the Company, members of the Parents Board of Directors and other representatives of the Parent and the Company on days the Service Provider is open for business during normal working hours upon reasonable notice to the Service Provider.
2.3 Standard of Care. The Service Provider hereby warrants that it will perform all of its obligations under this Agreement in accordance with Prudent Industry Practices and in compliance with all applicable Laws.
2.4 Duty to the Company. The Service Provider shall dedicate sufficient personnel and resources to provide the Services in accordance with Prudent Industry Practices.
2.5 Conditions of Service.
(a) Subject to Sections 2.3 and 2.4, the Service Provider shall have complete authority and discretion to elect the means, manner and method of performing the Services.
(b) All Third Party contractors that provide Outsourced Services shall be selected by the Service Provider with reasonable care and with reasonable assurances that such Third Party contractors can perform the Services pursuant to the requirements of this Agreement.
(c) The Service Provider shall perform the Services as an independent contractor of the Company and nothing in this Agreement is intended, and nothing shall be construed, to create an agency, employer/employee, partnership, joint venture, association or other similar relationship between the Service Provider and the Company.
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(d) This Agreement is a purely commercial transaction between the Parties and nothing stated in this Agreement shall operate to create any special or fiduciary duty between the Parties.
(e) Notwithstanding anything to the contrary, all matters pertaining to the employment, supervision, compensation, promotion and discharge of any personnel of the Service Provider are the responsibility of the Service Provider. All such employment arrangements are solely the Service Providers obligation, and the Company shall have no liability with respect thereto.
ARTICLE III.
PAYMENTS
3.1 Management Fee. As sole consideration for the Services rendered by the Service Provider to the Company under this Agreement, the Company shall pay the Service Provider a management fee of $965,000 per month during the Term (the Management Fee). The Company will pay the Management Fee no later than the 20th day of the month following the calendar month in which services are provided. In the event the Term includes any partial calendar month, the Management Fee will be prorated based on the actual number of days elapsed in such month. The Management Fee is intended to reimburse the Service Provider for expenses for the Services that are general and administrative charges as accounted for under standard accounting methods. The Management Fee shall also be deemed to include reimbursement for geoscience expenses. Expenses incurred by the Service Provider in connection with Services that are not general and administrative expenses or geoscience expenses, including lifting and operating expenses, capital expenditures and lease acquisitions costs, will be reimbursed to the Service Provider on a monthly basis, subject to being netted against revenues received by the Service Provider on behalf of the Company, as described on Schedule 2.1.
3.2 Call for Company Advances. On an as needed basis, the Service Provider may request the Company advance funds to the Service Provider to cover all out-of-pocket third party costs and expenses to be incurred by the Service Provider at the request of, and for the benefit of, the Company, including, without limitation, the direct operating expenses of the Company and any cost or expense relating to a capital project of the Company. Any requests for advances hereunder shall be accompanied by appropriate documentation from the Service Provider supporting such costs and expenses. Upon the Companys approval, the Company shall advance such funds within ten business days following such request from the Service Provider, subject to extension to the extent necessary to provide any additional documentation reasonably requested of the Service Provider by the Parent or the Company. The Service Provider, the Parent and the Company shall determine, no less frequently than on a monthly basis, whether excess cash advances may be returned to the Company; provided, that any unused advances shall be returned to the Company at the end of the Term.
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ARTICLE IV.
TERM; TERMINATION
4.1 Term. This Agreement will commence on the Effective Date and will remain in effect until the first anniversary of the Effective Date; provided, that this Agreement may be terminated (i) immediately by the Company, by delivering written notice to the Service Provider, or (ii) after the six (6) month anniversary of the Effective Date, by the Service Provider, by delivering ninety (90) days prior written notice to the Company (such period of time during which this Agreement is in effect, the Term).
4.2 Transition Services. If either Party notifies the other Party of its intention to terminate this Agreement in accordance with Section 4.1, then during the period of time commencing on the date of such notice until the date of termination of this Agreement, the Service Provider shall in good faith assist and cooperate with the Parent and the Company to facilitate the transfer of the Services to any Person designated by the Parent and the Company; provided, that, during such period, the Company shall pay to the Service Provider any amounts payable by the Company to the Service Provider pursuant to this Agreement.
ARTICLE V.
DUTIES AND RESPONSIBILITIES
5.1 Duties and Responsibilities. The Service Provider shall comply in all respects with the terms of this Agreement and shall use its reasonable commercial efforts, in the conduct of business and operations of the Company, (i) to comply, in all material respects, with the terms and provisions of all agreements relating to the Companys business, operations or properties to which it is a party or to which the Companys properties are subject and (ii) to comply, in all material respects, with all applicable Laws, ordinances or governmental rules and regulations to which the Company is subject (including, without limitation, all applicable federal, state and local environmental Laws, ordinances, rules and regulations).
5.2 Personnel. The Service Provider covenants and agrees that it will at all times retain and have available to it and the Company a professional staff and outside consultants that together will be reasonably adequate in size, experience and competency to discharge properly the duties and functions of the Service Provider and the Company hereunder and under any applicable operating and other agreements, including, but not limited to, technical personnel, attorneys, accountants and secretarial and clerical personnel.
5.3 Utilized Property. In connection with providing the Services, the Service Provider shall utilize certain personal property and other assets of the Service Provider (the Utilized Property). Ownership of the Utilized Property shall remain with the Service Provider notwithstanding that the Utilized Property may be used primarily for the benefit of the Company. The Utilized Property include, but are not limited to, (i) all rights of Service Provider in respect of the lease of office space for its principal office, (ii) all tangible personal property owned by the Service Provider, including corporate office build-out, computers, office furniture. computer hardware and software and corporate pool cars, (iii) utilities, telecommunications, office supplies and mailing expenses, (iv) professional services that benefit the Company, and (v) insurance premiums for the corporate office and corporate shared pool vehicles, including D&O insurance premiums, as applicable. The Service Provider shall be responsible for maintaining all Utilized Property in good condition and repair, reasonable wear and tear excepted, and may refurbish or replace, at the Service Providers expense, such items as they become worn out or obsolete. If the Service Provider uses or licenses intellectual property owned by Third Parties in the performance of Services under this Agreement, the Service Provider shall obtain and maintain any such licenses and authorizations necessary to authorize its use of such intellectual property in connection with such Services.
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ARTICLE VI.
LIMITED WARRANTY, LIMITATION ON LIABILITY
6.1 Limited Warranty; Warranties Disclaimer. THE WARRANTY CONTAINED IN THIS SECTION 6.1 SHALL BE EXCLUSIVE, AND IS GIVEN AND ACCEPTED IN LIEU OF ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. WITH RESPECT TO ANY DEFECT IN THE SERVICES RENDERED OR PRODUCTS OBTAINED FOR THE COMPANY (WHETHER A CLAIM FOR SUCH DEFECT ARISES UNDER CONTRACT, TORT, STRICT LIABILITY, STATUTE, OR ANY OTHER LEGAL OR EQUITABLE THEORY OR PRINCIPLE INCLUDING NEGLIGENCE), THE SERVICE PROVIDERS SOLE LIABILITY AND RESPONSIBILITY AND THE COMPANYS SOLE REMEDY SHALL BE THE REPERFORMANCE OF THE SERVICES IN ACCORDANCE WITH THIS AGREEMENT, UNLESS THE DEFECT WAS CAUSED BY THE FRAUD, GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF SERVICE PROVIDER.
6.2 Limitation on Liability. It is expressly understood by the Service Provider and the Company that the Service Provider shall have no liability for the failure of Third Party providers to perform any Outsourced Services hereunder and further that the Service Provider shall have no liability whatsoever for the Services provided by any such Third Party unless in either event such Outsourced Services are provided in a manner that would evidence gross negligence or intentional misconduct on the part of the Service Provider but the Service Provider shall, on behalf of the Company, pursue all rights and remedies under any such Third Party contract. The Parent and the Company agree that the remuneration paid to the Service Provider hereunder for the Services to be performed reflect this limitation of liability and disclaimer of warranties. In no event shall the Service Provider be liable to the Parent and the Company or any other Person for any indirect, special or consequential damages resulting from any error in the performance of Services or from the breach of this Agreement, regardless of the fault of the Service Provider, or any Third Party provider or whether the Service Provider, or the Third Party provider, is wholly, concurrently, partially or solely negligent. To the extent any Third Party provider has limited its liability to the Service Provider for Outsourced Services under an agreement, the Company agrees to be bound by such limitation of liability for any product or Outsourced Service provided to the Company by such Third Party provider under the Service Providers agreement.
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ARTICLE VII.
FORCE MAJEURE
7.1 Excused Performance. A Party shall not be responsible or liable for or deemed in breach of this Agreement for any delay or failure in the performance of its obligations under this Agreement to the extent such performance is prevented by a Force Majeure Event; provided that:
(a) the affected Party gives the other Party prompt notice describing the particulars of the Force Majeure Event and the proposed cure;
(b) the suspension of performance is of no greater scope and of no longer duration than is reasonably attributable to the Force Majeure Event;
(c) the affected Party uses commercially reasonable efforts to remedy its inability to perform its obligations under this Agreement or the Force Majeure Event; and
(d) when the affected Party is able to resume performance of its obligations under this Agreement, that Party shall give the other Party written notice to that effect.
7.2 No Preclusion. The existence of a Force Majeure Event shall not relieve any Party of (a) any of its payment obligations under this Agreement, or (b) any other obligation under this Agreement to the extent that performance of such other obligation is not precluded by such Force Majeure Event.
7.3 Limitations on Effect of Force Majeure. In no event will any delay or failure of performance caused by a Force Majeure Event extend this Agreement beyond its Term.
ARTICLE VIII.
REPRESENTATIONS AND WARRANTIES
8.1 Company Representations. The Parent and the Company represent and warrant as of the Effective Date that:
(a) the Parent is a corporation incorporated and validly existing under the Laws of the State of Delaware and the Company is a limited liability company duly organized and validly existing under the Laws of the State of Delaware, as applicable, and each has all necessary authorizations required by applicable Law to perform its obligations under this Agreement;
(b) the execution, delivery and performance of this Agreement by the Parent and the Company has been duly authorized by all requisite corporate or limited liability company action, as applicable, and will not: (i) violate any provisions of its organizational documents or (ii) result in the breach or acceleration of any performance required by the terms of any contract, agreement or arrangement to which it is a party or any applicable Laws; and
(c) this Agreement is a valid and binding obligation of the Parent and the Company, enforceable against the Parent and the Company in accordance with its terms, subject to the effects of bankruptcy, insolvency, reorganization, moratorium and similar Laws affecting creditors rights generally and by general equitable principles, regardless of whether the issue of enforceability is considered in a proceeding in equity or at law.
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8.2 Service Provider Representations. The Service Provider represents and warrants as of the Effective Date that:
(a) the Service Provider is a limited liability company duly organized and validly existing under the Laws of the State of Delaware and has all necessary authorizations required by applicable Law to perform its obligations under this Agreement;
(b) the execution, delivery and performance of this Agreement by the Service Provider have been duly authorized by all requisite limited liability company action and will not: (i) violate any provisions of its organizational documents or (ii) result in the breach or acceleration of any performance required by the terms of any contract, agreement or arrangement to which it is a party, or any applicable Laws; and
(c) this Agreement is a valid and binding obligation of the Service Provider, enforceable against the Service Provider in accordance with its terms, subject to the effects of bankruptcy, insolvency, reorganization, moratorium and similar Laws affecting creditors rights generally and by general equitable principles, regardless of whether the issue of enforceability is considered in a proceeding in equity or at law.
ARTICLE IX.
MISCELLANEOUS
9.1 Counterparts. This Agreement may be executed in any number of counterparts, and each such counterpart hereof shall be deemed to be an original instrument, but all of such counterparts shall constitute for all purposes one agreement. Any signature hereto delivered by a Party by facsimile transmission shall be deemed an original signature hereto.
9.2 Notices.
(a) Except as expressly set forth to the contrary in this Agreement, all notices and communications required or permitted to be given hereunder shall be sufficient in all respects if given in writing and delivered personally, or sent by overnight courier, or mailed by U.S. Express Mail or by certified or registered United States Mail with all postage fully prepaid, or sent by facsimile transmission (provided any such facsimile transmission is confirmed either orally or by written confirmation) or sent by email, addressed to the appropriate Party at the address or email address for such Party shown below or at such other address as such Party shall have theretofore designated by written notice delivered to the Party giving such notice:
If to the Parent:
Memorial Resource Development Corp.
1301 McKinney, Suite 2100
Houston, Texas 77010
Attn: General Counsel
Facsimile: (713) 588-8301
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If to the Company:
WildHorse Resources, LLC
c/o Memorial Resource Development Corp.
1301 McKinney, Suite 2100
Houston, Texas 77010
Attn: General Counsel
Facsimile: (713) 588-8301
If to the Service Provider:
WildHorse Resources Management Company, LLC
9805 Katy Freeway, Suite 400
Houston, Texas 77024
Attn: Anthony Bahr
Facsimile: (713) 568-4911
(b) Any notice given in accordance herewith shall be deemed to have been given when delivered to the addressee by email, or in person, or by courier, or transmitted by facsimile transmission during normal business hours, or upon actual receipt by the addressee after such notice has either been delivered to an overnight courier or deposited in the United States Mail, as the case may be. The Parties may change the address, telephone numbers, and facsimile numbers to which such communications are to be addressed by giving written notice to the other Parties in the manner provided in this Section 9.2.
9.3 Entire Agreement; Conflicts. This Agreement and the Schedules hereto collectively 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. In the event of a conflict between the terms and provisions of this Agreement and the terms and provisions of any Schedule hereto, the terms and provisions of this Agreement shall govern and control; provided, however, that the inclusion in any of the Schedules hereto of terms and provisions not addressed in this Agreement shall not be deemed a conflict, and all such additional provisions shall be given full force and effect, subject to the provisions of this Section 9.3.
9.4 Amendment. This Agreement may be amended only by an instrument in writing executed by all of the Parties and expressly identified as an amendment or modification.
9.5 Parties in Interest. Nothing in this Agreement shall entitle any Person other than the Parties to any claim, cause of action, remedy or right of any kind.
9.6 Successors and Permitted Assigns. This Agreement shall be binding upon and inure to the benefit of the Parties and their successors and permitted assigns.
9.7 Assignment. Except for the ability of the Service Provider to cause one or more of the Services to be performed by a Third Party provider (subject to the terms of this Agreement), no Party shall have the right to assign its rights or obligations under this Agreement without the prior written consent of the other party and any such assignment that is made without
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such consent shall be void and of no force and effect. No permitted assignment shall release any Party from any of its obligations under this Agreement. All of the terms and provisions of this Agreement shall be binding upon and inure to the benefit of and be enforceable by the Parties hereto and their respective successors and permitted assignees.
9.8 Further Assurances. In connection with this Agreement and the transactions contemplated hereby, each Party shall execute and deliver all such future instruments and take such other and further action as may be reasonably necessary or appropriate to carry out the provisions of this Agreement and the intention of the Parties as expressed herein.
9.9 Severability. If any term or other provision of this Agreement is invalid, illegal, or incapable of being enforced by any rule of Law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any adverse manner to any Party. Upon such determination that any term or other provision is invalid, illegal, or incapable of being enforced, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible.
9.10 No Recourse. For the avoidance of doubt, the provisions of this Agreement shall not give rise to any right of recourse against any current or former stockholder, member, partner, owner, director, manager, officer or employee of the Service Provider or of the Parent or the Company or any of their respective officers, directors, employees, agents or representatives.
9.11 Governing Law. THIS AGREEMENT IS TO BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE SUBSTANTIVE LAWS OF THE STATE OF TEXAS.
9.12 Interpretation. All references in this Agreement to Schedules, Articles, Sections, subsections and other subdivisions refer to the corresponding Schedules, Articles, Sections, subsections and other subdivisions of or to this Agreement unless expressly provided otherwise. Titles appearing at the beginning of any Articles, Sections, subsections and other subdivisions of this Agreement are for convenience only, do not constitute any part of this Agreement, and shall be disregarded in construing the language hereof. The words this Agreement, herein, hereby, hereunder and hereof, and words of similar import, refer to this Agreement as a whole and not to any particular Article, Section, subsection or other subdivision unless expressly so limited. The words this Article, this Section, and this subsection, and words of similar import, refer only to the Article, Section or subsection hereof in which such words occur. The word including (in its various forms) means including without limitation. All references to $ or dollars shall be deemed references to United States dollars. Each accounting term not defined herein will have the meaning given to it under GAAP as interpreted as of the date of this Agreement. Pronouns in masculine, feminine or neuter genders shall be construed to state and include any other gender, and words, terms and titles (including terms defined herein) in the singular form shall be construed to include the plural and vice versa, unless the context otherwise requires. Schedules referred to herein are attached to and by this reference incorporated herein for all purposes. References to any Law or agreement shall mean such Law or agreement as it may be amended from time to time.
[Signature Page Follows]
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IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly authorized representatives as of the date and year first above written.
PARENT: | ||
MEMORIAL RESOURCE DEVELOPMENT CORP. | ||
By: |
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Name: |
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Title: |
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COMPANY: | ||
WILDHORSE RESOURCES, LLC | ||
By: |
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Name: |
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Title: |
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SERVICE PROVIDER: | ||
WILDHORSE RESOURCES MANAGEMENT COMPANY, LLC | ||
By: |
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Name: |
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Title: |
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SIGNATURE PAGE
MANAGEMENT SERVICES AGREEMENT
Schedule 2.1
Services
The Services shall include any services necessary or appropriate for the management and operation of the Company and may include, without limitation, employee services related to supporting the following:
1. | Administrative and Land Services (as described below) |
2. | Operator Services (as described below) |
3. | Financial and Accounting Services |
4. | Accounts Payable and Receivables |
5. | Contract Negotiation and Management (subject to Parent approval) |
6. | Employee Health and Safety |
7. | Government and Public Relations |
8. | Information Technology |
9. | Land, Land Administration and Ordinary Course Legal Services (subject to Parent approval of Legal Services) |
10. | Personnel, Outside Contractors and Consultants |
11. | Engineering and Technical Services |
12. | Operations |
13. | General and Administrative |
14. | Equipment and Personnel Procurement |
15. | Training and Development Programs |
16. | Geoscience |
17. | Strategic Planning and Budgeting Cooperation with the Company and the Parent |
18. | Any Other Services as Reasonably Requested by the Parent or the Company from Time to Time |
Administrative and Land Services: To fulfill its obligation to manage the day-to-day affairs of the Company, Service Provider:
(i) may, in the name of the Service Provider or the Company or as agent for the Company, as appropriate, negotiate, enter into or settle contracts and agreements which are necessary to prudently manage the Assets of the Company in accordance with the terms of this Agreement. Such contracts and agreements may include, but are not limited to, furnishment of utilities to Assets of the Company, gathering or processing agreements and contract services agreements. Company will, when necessary, appoint Service Provider as its agent to act on Companys behalf;
(ii) as directed by the Parent, will cause the Company to retain qualified accountants and legal counsel, as applicable, to assist in developing appropriate accounting procedures, compliance procedures and testing systems with respect to financial reporting obligations and to conduct compliance reviews with respect thereto;
(iii) will use commercially reasonable efforts to cause third party expenses incurred by or on behalf of the Company to be commercially reasonable or commercially customary and within any budgeted parameters or expense guidelines set by the Company from time to time; provided, however, any expenditures that will exceed the applicable budgeted parameter by more than 10% shall require the Companys prior approval;
(iv) will correspond with Companys partners and generally conduct industry standard lease administration duties on Companys Assets;
(v) will perform such other services as may be required from time to time for management and other activities relating to the Assets of the Company as the Company shall reasonably request or the Service Provider shall deem appropriate under the particular circumstances and approved by the Company; and
(vi) will perform other land functions as Service Provider and the Company may deem necessary to manage the Companys Assets.
Operator Services: The Service Provider shall perform such services as are typically provided by an operator for non-operators for each of the Operator Services with respect to the Assets for which the Company would otherwise serve as an operator, and to perform those Operator Services required for the non-operated Assets owned by the Company. Operator Services is defined as one or more of the following services by the Service Provider for the benefit of Owner in connection with the operatorship and administration of the Assets, to-wit, the Service Provider shall:
(i) be contract operator in connection with the operation of the Assets;
(ii) cause the Company to comply in all material respects with all statutes, ordinances, laws, rules, regulations, orders and determinations affecting the Company and its Assets and issued by any governmental authority having jurisdiction thereof. The Service Provider shall not refuse or delay compliance with any specific instructions that
are given by the Company that are reasonably necessary to cause the Company to comply with such statutes, ordinances, laws, rules, regulations, orders and determinations. The Company shall cooperate with the Service Provider in compliance with such statutes, ordinances, laws, rules, regulations, orders and determinations, including the costs of all such compliance; timely collect, process and pay all approved bills and taxes attributable to the Assets;
(iii) for operated Assets, generate monthly joint interest billings to non-operating partners and the Company;
(iv) for operated Assets, disburse actual received revenues to revenue interest owners on the Service Providers normal monthly revenue distribution schedule;
(v) timely prepare and submit all required regulatory reports, including but not limited to, production reports, production disposition reports and wellwork activity reports;
(vi) manage the day-to-day operations of the Assets, including but not limited to the gathering and recording of production data, maintenance of the facilities and locations, execution and supervision of capital and expense projects; provided however, that any authorizations for expenditures exceeding $50,000 individually shall require the Companys prior approval;
(vii) provide to the Company and the Parent fulltime electronic access to daily production data; and,
(viii) other duties the Service Provider or the Company deems necessary to prudently operate the Companys Assets.
Financial and Accounting Services: To fulfill its obligation to manage certain of the operations of the Company, the Service Provider:
(i) will complete all billing, joint interest or otherwise, and accounts payable functions on behalf of the Company, and render the necessary auditing, accounting and bookkeeping services generally required for the proper management of the business and affairs of the Company or to comply with the instruction of the Company or the terms of any other agreements of the Company, including credit agreements;
(ii) will net, on a monthly basis, the joint interest billings of the Company for all operating and project expenses, revenues received by Service Provider on behalf of the Company, the Management Fee and COPAS income, and shall settle with the Company no later than the 15th day following the month to which such items relate or in which they were received;
(iv) will monitor the operating and financial performance of the Company and provide periodic reports with respect thereto to the Company and the Parent;
(v) will enter and maintain the revenue and expense decks of the Companys Assets in the Service Providers land and accounting systems;
(vi) will prepare and distribute to the Company and the Parent, within 15 calendar days of each month end, lease operating statements and full financial statements;
(vii) will provide read-only access to the accounting system used by the Service Provider to account for the operations of the Company and the Service Provider; and
(viii) will perform or cause to be performed, any other accounting, financial or audit related services as the Company may reasonably request.
Exhibit 10.7
MEMORIAL RESOURCE DEVELOPMENT CORP.
FORM OF CHANGE IN CONTROL AGREEMENT
, 2014
[name]
[address]
Dear [name]:
Memorial Resource Development Corp. (the Company) considers it essential to the best interests of its members to attract top executives and to foster the continuous employment of key management personnel. In this regard, the Board of Directors of the Company (the Board) recognizes that the possibility of a change in control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company and its stockholders.
The Board has determined that appropriate steps should be taken to ensure the continuity of management and to foster objectivity in the face of uncertainty arising from the possibility of a change in control of the Company, although no such change is now contemplated. In order to induce you to remain in the employ of the Company and in consideration of your continued services to the Company, the Company agrees that effective as of , 2014, you shall receive the severance benefits from the Company, set forth in this letter agreement (Agreement) in the event you Separate from Service with the Company and all related entities (collectively, the Company Group) subsequent to a Change in Control of the Company (as such terms are defined in Section 2 hereof) under the circumstances described below. This Agreement supersedes and replaces prior agreements and/or policies related to severance benefits payable to you following a Change in Control of the Company, as specified in Section 10 of this Agreement.
1. Term of Agreement. This Agreement shall commence on the date hereof and shall continue in effect until the earlier of (i) your Separation from Service other than on account of a Qualifying Termination; (ii) the Companys satisfaction of all of its obligations under this Agreement; or (iii) the execution of a written agreement between the Company and you terminating this Agreement.
2. Definitions. As used in this Agreement:
(a) Annual Compensation means the total of:
(i) one year of base salary, at the highest base salary rate that you were paid by the Company in the 12-month period prior to the date of your Separation from Service (the Look-Back Period); and
(ii) 100% of the greatest target annual bonus target for which you were eligible within the Look-Back Period.
(b) Cause means (i) your commission of, conviction for, plea of guilty or nolo contendere to a felony or a crime involving moral turpitude; (ii) engaging in conduct that constitutes fraud, gross negligence or willful misconduct that results or would reasonably be expected to result in material harm to the Company or its business or reputation; (iii) breach of any material terms of your employment, including any of the Companys policies or code of conduct; or (iv) failure to perform your duties for the Company.
(c) Change in Control has the meaning ascribed to such term in the Long Term Incentive Plan.
(d) Code means the Internal Revenue Code of 1986, as amended.
(e) Company means Memorial Resource Development Corp., and any successor as provided in Section 7 hereof.
(f) Disability means that, at the time you Separate from Service, you have been unable to perform the duties of your position for a period of 180 consecutive days as the result of your incapacity due to physical or mental illness.
(g) Good Reason means the occurrence of one of the following without your express written consent (i) a material reduction of your duties, position or responsibilities, or your removal from such position and responsibilities, unless you are offered a comparable position (i.e., a position of equal or greater organizational level, duties, authority, compensation, title and status); (ii) a material reduction by the Company of your base compensation (base salary and target bonus) as in effect immediately prior to such reduction; or (iii) you are requested to relocate (except for office relocations that would not increase your one way commute by more than 50 miles); provided, that any such event shall not constitute Good Reason unless and until you shall have provided the Company with written notice thereof no later than thirty (30) days following your knowledge of the initial occurrence of such event and the Company shall have failed to fully remedy such event within thirty (30) days of receipt of such notice.
(h) Long Term Incentive Plan means the Memorial Resource Development Corp. 2014 Long Term Incentive Plan.
(i) Qualifying Termination means your Separation from Service on account of (i) an involuntary termination by the Company without Cause or (ii) your voluntary resignation for Good Reason; provided, that such Good Reason must have occurred within six (6) months prior to, or six (6) months following, a Change in Control and provided further, that with respect to clauses (i) and (ii), such Separation from Service must occur within six (6) months prior to, or twenty-four (24) months following, a Change in Control.
(j) Separation from Service or Separates from Service means a termination of employment with the Company Group that the Company determines is a Separation from Service in accordance with Section 409A of the Code.
(k) Severance Payment means the payment of severance compensation as provided in Section 3 of this Agreement.
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(l) Specified Employee means a specified employee within the meaning of that term under Section 409A(a)(2)(B) of the Code and using the identification methodology selected by the Employer from time to time in accordance therewith, or if none, the default methodology set forth therein.
3. Compensation Upon a Qualifying Termination. If you Separate from Service on account of a Qualifying Termination, then subject to (x) your signing and not revoking a separation agreement and release of claims in a form reasonably satisfactory to the Company (which separation agreement and release of claims will be provided by the Company to you within five (5) days following such Qualifying Termination and must be executed by you and returned to the Company within fifty (50) days following such Qualifying Termination) and (y) Section 4:
(a) You will be entitled to a Severance Payment in a lump sum amount equal to [one times (1x)][two times (2x)][three times (3x)] your Annual Compensation, which shall be payable in accordance with subsection (c) below.
(b) The Company agrees that, in addition to the payment provided under Section 3(a):
(i) all outstanding unvested awards previously granted to you under the Long Term Incentive Plan shall immediately be 100% vested upon such Separation from Service;
(ii) to the extent that you timely elect COBRA continuation coverage under the Companys group insurance plans, the Company shall reimburse you for the amount of COBRA continuation premiums (less required co-pay) until the earlier of (x) twelve (12) months following your Separation from Service and (y) such time as you are no longer eligible for COBRA continuation coverage;
(iii) the Company will provide you with financial counseling services for twelve (12) months following your Separation from Service, subject to a maximum benefit of $30,000.00; and
(iv) the Company will provide you with outplacement counseling services for twelve (12) months following your Separation from Service, subject to a maximum value of $30,000.00.
(c) Subject to Section 19(b) below, all payments made to you under subsection (a) shall be made in a lump sum on the sixtieth (60th) calendar day following your Separation from Service, provided that your separation agreement and release of claims referenced above must be effective and not revocable on the date payment is to be made in order to receive payments under subsection (a).
(d) Notwithstanding anything contained herein to the contrary, the Company shall have no obligation to make any payment or offer any benefits to you under this Agreement if you Separate from Service other than on account of a Qualifying Termination.
4. Parachute Payments. If the Board determines, in its sole discretion, that Section 280G of the Code applies to any compensation payable to you, then the provisions of this Section 4 shall apply. If any payments or benefits to which you are entitled from the Company, any affiliate,
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any successor to the Company or an affiliate, or any trusts established by any of the foregoing by reason of, or in connection with, any transaction that occurs after the date hereof (collectively, the Payments, which shall include, without limitation, the vesting of any equity awards or other non-cash benefit or property) are, alone or in the aggregate, more likely than not, if paid or delivered to you, to be subject to the tax imposed by Section 4999 of the Code or any successor provisions to that section, then the Payments (beginning with any Payment to be paid in cash hereunder), shall be either (a) reduced (but not below zero) so that the present value of such total Payments received you will be one dollar ($1.00) less than three times your base amount (as defined in Section 280G(b)(3) of the Code) and so that no portion of such Payments received by you shall be subject to the excise tax imposed by Section 4999 of the Code, or (b) paid in full, whichever of (a) or (b) produces the better net after tax position to you (taking into account any applicable excise tax under Section 4999 of the Code and any other applicable taxes). The determination as to whether any Payments are more likely than not to be subject to taxes under Section 4999 of the Code and as to whether reduction or payment in full of the amount of the Payments provided hereunder results in the better net after tax position to you shall be made by the Board and you in good faith.
5. No Mitigation. You shall not be required to mitigate the amount of any payment provided for in Section 3 hereof by seeking other employment or otherwise, nor shall the amount of such payment be reduced by reason of compensation or other income you receive for services rendered after your Separation from Service from the Company.
6. Exclusive Remedy. In the event of your Separation from Service on account of a Qualifying Termination, the provisions of Section 3 are intended to be and are exclusive and in lieu of any other rights or remedies to which you or the Company may otherwise be entitled (including any contrary provisions in any employment agreement you may have with the Company), whether at law, tort or contract, in equity, or under this Agreement.
7. Companys Successors. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, to expressly assume and agree to perform the obligations under this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. As used in this Section 7, Company includes any successor to its business or assets as aforesaid which executes and delivers this Agreement or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.
8. Notice. Notices and all other communications provided for in this Agreement shall be in writing and shall be deemed to have been duly given when personally delivered or five (5) days after deposit with postal authorities transmitted by United States registered or certified mail, return receipt requested, postage prepaid, addressed to the respective addresses set forth on the first or last page of this Agreement, or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective only upon receipt.
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9. Amendment or Waiver. No provisions of this Agreement may be amended, modified, waived or discharged unless you and the Company agree to such amendment, modification, waiver or discharge in writing. No amendment, modification, waiver or discharge of this Agreement shall result in the accelerated payment of any Severance Payment provided for in Section 3. No waiver by either party at any time of the breach of, or lack of compliance with, any conditions or provisions of this Agreement shall be deemed a waiver of the provisions or conditions hereof.
10. Sole Agreement. This Agreement represents the entire agreement between you and the Company with respect to the matters set forth herein and supersedes and replaces any prior agreements in their entirety. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter of this Agreement will be made by either party which are not set forth expressly herein. No future agreement between you and the Company may supercede this Agreement, unless it is in writing and specifically makes reference to this Section 10.
11. Employees Successors. This Agreement shall inure to the benefit of and be enforceable by your personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If you should die while any amounts are still payable to you hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to your devisee, legatee, or other designee or, if there be no such designees, to your estate.
12. Funding. This Agreement shall be unfunded. Any payment made under the Agreement shall be made from the Companys general assets.
13. Waiver. No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time.
14. Headings. All captions and section headings used in this Agreement are for convenience purposes only and do not form a part of this Agreement.
15. Validity. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provisions of this Agreement, which shall remain in full force and effect.
16. Withholding. All payments made pursuant to this Agreement will be subject to withholding of applicable income and employment taxes.
17. Applicable Law. This Agreement shall be interpreted and enforced in accordance with the laws of the State of Delaware (with the exception of its conflict of laws provisions). This Agreement is intended to comply with Section 409A of the Code and the regulations promulgated thereunder.
18. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together will constitute one and the same instrument.
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19. Code Section 409A.
(a) General. The Agreement is intended to either comply with, or be exempt from, the requirements of Code Section 409A. To the extent that this Agreement is not exempt from the requirements of Code Section 409A, this Agreement is intended to comply with the requirements of Code Section 409A and shall be limited, construed and interpreted in accordance with such intent.
(b) Separation from Service; Specified Employees; Separate Payments. A termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing for the payment of any amounts or benefits upon or following a termination of employment unless such termination is also a Separation from Service. If you are deemed on the date of termination to be a Specified Employee, then to the extent any payment or benefit hereunder (after taking into account all exclusions applicable thereto under Code Section 409A) is nonqualified deferred compensation subject to Section 409A, then such payment shall be delayed and not be made prior to the earlier of (A) the six (6)-month anniversary of the date of such Separation from Service and (B) the date of your death (the Delay Period). All payments delayed pursuant to this Section 19(b) (whether they would have otherwise been payable in a single lump sum or in installments in the absence of such delay) shall be paid to the Participant in a single lump sum on the first payroll date on or following the first day following the expiration of the Delay Period, and any remaining payments and benefits due under the Plan shall be paid or provided in accordance with the normal payment dates specified for them herein. Each payment made under this Plan will be treated as a separate payment for purposes of Code Section 409A and the right to a series of installment payments under this Agreement is to be treated as a right to a series of separate payments.
If the foregoing conforms to your understanding, please indicate your agreement to the terms hereof by signing where indicated below and returning one copy of this Agreement to the undersigned.
[signature page follows]
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IN WITNESS WHEREOF, this Agreement is executed effective as of the date first set forth above.
MEMORIAL RESOURCE DEVELOPMENT CORP. | ||
By: | ||
Name: | ||
Title: |
ACCEPTED AND AGREED TO AS OF THE DATE FIRST SET FORTH ABOVE:
|
Name: |
Exhibit 10.8
FORM OF
INDEMNIFICATION AGREEMENT
This Indemnification Agreement (Agreement) is made as of , by and between Memorial Resource Development Corp., a Delaware corporation (the Company), and (Indemnitee).
RECITALS:
WHEREAS, directors, officers and other persons in service to corporations or business enterprises are subjected to expensive and time-consuming litigation relating to, among other things, matters that traditionally would have been brought only against the Company or business enterprise itself;
WHEREAS, highly competent persons have become more reluctant to serve as directors, officers or in other capacities unless they are provided with adequate protection through insurance and adequate indemnification against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of the corporation;
WHEREAS, the Board of Directors of the Company (the Board) has determined that the increased difficulty in attracting and retaining such persons is detrimental to the best interests of the Company and its stockholders and that the Company should act to assure such persons that there will be increased certainty of such protection in the future;
WHEREAS, (i) the Amended and Restated Bylaws of the Company (as may be amended, the Bylaws) requires indemnification of the officers and directors of the Company, (ii) Indemnitee may also be entitled to indemnification pursuant to the General Corporation Law of the State of Delaware (DGCL) and (iii) the Bylaws and the DGCL expressly provide that the indemnification provisions set forth therein are not exclusive and thereby contemplate that contracts may be entered into between the Company and members of the Board, officers and other persons with respect to indemnification;
WHEREAS, this Agreement is a supplement to and in furtherance of the Bylaws and the Amended and Restated Certificate of Incorporation of the Company (as may be amended, the Certificate of Incorporation) and any resolutions adopted pursuant thereto, and shall not be deemed a substitute therefore, nor to diminish or abrogate any rights of Indemnitee thereunder; and
WHEREAS, (i) Indemnitee does not regard the protection available under the Bylaws and insurance as adequate in the present circumstances, (ii) Indemnitee may not be willing to serve or continue to serve as a director or officer of the Company without adequate protection, (iii) the Company desires Indemnitee to serve in such capacity, and (iv) Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the Company on the condition that Indemnitee be so indemnified.
AGREEMENT:
NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows:
Section 1. Definitions. (a) As used in this Agreement:
Affiliate of any specified Person shall mean any other Person directly or indirectly controlling, controlled by or under common control with such specified Person.
Corporate Status describes the status of a person who is or was a director, officer, employee or agent of (i) the Company or (ii) any other corporation, limited liability company, partnership or joint venture, trust, employee benefit plan or other enterprise which such person is or was serving at the request of the Company.
Disinterested Director shall mean a director of the Company who is not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.
Enterprise shall mean the Company and any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, employee, trustee, agent or fiduciary.
Exchange Act shall mean the Securities Exchange Act of 1934, as amended.
Expenses shall mean all reasonable costs, expenses, fees and charges, including, without limitation, attorneys fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, or otherwise participating in, a Proceeding. Expenses also shall include, without limitation, (i) expenses incurred in connection with any appeal resulting from, incurred by Indemnitee in connection with, arising out of, or in respect of or relating to, any Proceeding, including, without limitation, the premium, security for, and other costs relating to any cost bond, supersedes bond, or other appeal bond or its equivalent, (ii) for purposes of Section 12(d) hereof only, expenses incurred by Indemnitee in connection with the interpretation, enforcement or defense of Indemnitees rights under this Agreement, by litigation or otherwise, (iii) any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement, and (iv) any interest, assessments or other charges in respect of the foregoing. Expenses shall not include Liabilities.
Indemnity Obligations shall mean all obligations of the Company to Indemnitee under this Agreement, including the Companys obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.
Independent Counsel shall mean a law firm of fifty (50) or more attorneys, or a member of a law firm of fifty (50) or more attorneys, that is experienced in matters of corporation law and neither presently is, nor in the past five (5) years has been, retained to
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represent: (i) the Company or Indemnitee in any matter material to either such party (other than with respect to matters concerning Indemnitee under this Agreement, or of other indemnitees under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder; provided, however, that the term Independent Counsel shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine Indemnitees rights under this Agreement.
Liabilities shall mean all claims, liabilities, damages, losses, judgments, orders, fines, penalties and other amounts payable in connection with, arising out of, or in respect of or relating to any Proceeding, including, without limitation, amounts paid in settlement in any Proceeding and all costs and expenses in complying with any judgment, order or decree issued or entered in connection with any Proceeding or any settlement agreement, stipulation or consent decree entered into or issued in settlement of any Proceeding.
Person shall mean any individual, corporation, partnership, limited partnership, limited liability company, trust, governmental agency or body or any other legal entity.
Proceeding shall mean any threatened, pending or completed action, claim, suit, arbitration, alternate dispute resolution mechanism, formal or informal hearing, inquiry or investigation, litigation, inquiry, administrative hearing or any other actual, threatened or completed judicial, administrative or arbitration proceeding (including, without limitation, any such proceeding under the Securities Act of 1933, as amended, or the Exchange Act or any other federal law, state law, statute or regulation), whether brought in the right of the Company or otherwise, and whether of a civil, criminal, administrative or investigative nature, in each case, in which Indemnitee was, is or will be, or is threatened to be, involved as a party, witness or otherwise by reason of the fact that Indemnitee is or was a director or officer of the Company, by reason of any actual or alleged action taken by Indemnitee or of any action on Indemnitees part while acting as director or officer of the Company, or by reason of the fact that Indemnitee is or was serving at the request of the Company as a director, officer, trustee, employee or agent of another corporation, limited liability company, partnership, joint venture, trust or other enterprise, in each case whether or not serving in such capacity at the time any liability or expense is incurred for which indemnification, reimbursement, or advancement can be provided under this Agreement.
Sponsor Entities means (i) MRD Holdings LLC, Natural Gas Partners VIII, L.P., Natural Gas Partners IX, L.P. and NGP IX Offshore Holdings, L.P. and (ii) any of their respective Affiliates and any investment fund or other Person advised or managed by any Sponsor Entity; provided, however, that neither the Company nor any of its subsidiaries shall be considered Sponsor Entities hereunder.
(b) For the purpose hereof, references to fines shall include any excise tax assessed with respect to any employee benefit plan; references to serving at the request of the Company shall include any service as a director, officer, employee or agent of the Company which imposes duties on, or involves services by, such director, officer, employee or agent with respect to an employee benefit plan, its participants or beneficiaries; and a Person who acted in good faith and in a manner such Person reasonably believed to be in the best interests of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner not opposed to the best interests of the Company as referred to in this Agreement.
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Section 2. Indemnity in Third-Party Proceedings. The Company shall indemnify and hold harmless Indemnitee, to the fullest extent permitted by applicable law, from and against all Liabilities and Expenses suffered or reasonably incurred (and, in the case of retainers, reasonably expected to be incurred) by Indemnitee or on Indemnitees behalf in connection with any Proceeding (other than any Proceeding brought by or in the right of the Company to procure a judgment in its favor, which is provided for in Section 3 below), or any claim, issue or matter therein.
Section 3. Indemnity in Proceedings by or in the Right of the Company. The Company shall indemnify and hold harmless Indemnitee, to the fullest extent permitted by applicable law, from and against all Liabilities and Expenses suffered or incurred (and, in the case of retainers, reasonably expected to be incurred) by Indemnitee or on Indemnitees behalf in connection with any Proceeding brought by or in the right of the Company to procure a judgment in its favor, or any claim, issue or matter therein. No indemnification for Expenses shall be made under this Section 3 in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudged by a court to be liable to the Company, unless and only to the extent that the Delaware Court of Chancery or any court in which the Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnification.
Section 4. Indemnification for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provisions of this Agreement, and without limiting the rights of Indemnitee under any other provision hereof, including any rights to indemnification pursuant to Sections 2 or 3 hereof, to the fullest extent permitted by applicable law, to the extent that Indemnitee is successful, on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred (and, in the case of retainers, reasonably expected to be incurred) by Indemnitee or on Indemnitees behalf in connection with each successfully resolved Proceeding, claim, issue or matter. For purposes of this Section 4 and without limitation, the termination of any Proceeding or claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.
Section 5. Indemnification For Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the fullest extent permitted by applicable law and to the extent that Indemnitee is, by reason of Indemnitees Corporate Status, a witness or otherwise a participant in any Proceeding to which Indemnitee is not a party and is not threatened to be made a party, Indemnitee shall be indemnified against all Expenses suffered or incurred (or, in the case of retainers, reasonably expected to be incurred) by Indemnitee or on Indemnitees behalf in connection therewith.
Section 6. Additional Indemnification. Notwithstanding any limitation in Sections 2, 3 or 4 hereof, the Company shall indemnify Indemnitee to the fullest extent permitted by applicable law if Indemnitee is a party to or threatened to be made a party to any Proceeding
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(including a Proceeding by or in the right of the Company to procure a judgment in its favor) against all Expenses suffered or reasonably incurred (and, in the case of retainers, reasonably expected to be incurred) by Indemnitee in connection with such Proceeding, including but not limited to:
(a) the fullest extent permitted by the provision of the DGCL that authorizes or contemplates additional indemnification by agreement, or the corresponding provision of any amendment to or replacement of the DGCL; and
(b) the fullest extent authorized or permitted by any amendments to or replacements of the DGCL adopted after the date of this Agreement that increase the extent to which a corporation may indemnify its officers and directors.
Section 7. Exclusions. Notwithstanding any provision in this Agreement, the Company shall not be obligated under this Agreement to indemnify or hold harmless Indemnitee, or, in the case of (a) and (c), to advance Expenses to Indemnitee:
(a) for which payment has actually been made to or on behalf of Indemnitee under any insurance policy obtained by the Company except with respect to any excess beyond the amount paid under such insurance policy;
(b) for an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the meaning of Section 16(b) of the Exchange Act or similar provisions of state statutory law or common law;
(c) except as provided in Section 12(d) of this Agreement, in connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee or, if Indemnitee was nominated to the Board by one of more of the Sponsor Entities, such Sponsor Entity, including any Proceeding (or any part of any Proceeding) initiated by Indemnitee or, if Indemnitee was nominated to the Board by one or more of the Sponsor Entities, such Sponsor Entity, against the Company or its directors, officers, employees or other indemnitees, unless (i) the Board authorized the Proceeding (or any part of any Proceeding) prior to its initiation or (ii) the Company provides the indemnification, in its sole discretion, pursuant to the powers vested in the Company under applicable law (for the avoidance of doubt, Indemnitee shall not be deemed, for purposes of this subsection, to have initiated or brought any claim by reason of (a) having asserted any affirmative defenses in connection with a claim not initiated by Indemnitee or (b) having made any counterclaim (whether permissive or mandatory) in connection with any claim not initiated by Indemnitee); or
(d) if a final decision by a court having jurisdiction in the matter that is not subject to appeal shall determine that such indemnification is not lawful.
Section 8. Advancement. The Company shall advance, to the extent not prohibited by applicable law, the Expenses and Liabilities reasonably incurred by Indemnitee in connection with any Proceeding, and such advancement shall be made within thirty (30) days after the receipt by the Company of a statement or statements requesting such advances from time to time, whether prior to or after final disposition of any Proceeding. Advances shall be unsecured and interest free. Advances shall be made without regard to Indemnitees ability to repay the
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Expenses and without regard to Indemnitees ultimate entitlement to indemnification under the other provisions of this Agreement. Advances shall include any and all Expenses reasonably incurred pursuing an action to enforce this right of advancement, including Expenses incurred preparing and forwarding statements to the Company to support the advances claimed. Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which shall constitute an undertaking providing that Indemnitee undertakes to repay the amounts advanced to the extent that it is ultimately determined by final judicial decision from which there is no further right to appeal that the Indemnitee is not entitled to be indemnified by the Company. Nothing in this Section 8 shall limit Indemnitees right to advancement pursuant to Section 12(d) of this Agreement. This Section 8 shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Sections 7(a) or (c) hereof.
Section 9. Procedure for Notification and Defense of Claim.
(a) Indemnitee shall promptly notify the Company in writing of any Proceeding with respect to which Indemnitee intends to seek indemnification hereunder (the date of such notification, the Submission Date). The written notification to the Company shall include a description of the nature of the Proceeding and the facts underlying the Proceeding. To obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request, including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification following the final disposition of such Proceeding, including any appeal therein. Any delay or failure by Indemnitee to notify the Company hereunder will not relieve the Company from any liability which it may have to Indemnitee hereunder or otherwise than under this Agreement, and any delay or failure in so notifying the Company shall not constitute a waiver by Indemnitee of any rights under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested indemnification.
(b) In the event Indemnitee is entitled to indemnification and/or advancement with respect to any Proceeding, Indemnitee may, at Indemnitees option, (i) retain counsel (including local counsel) selected by Indemnitee and approved by the Company to defend Indemnitee in such Proceeding, at the sole expense of the Company (which approval shall not be unreasonably withheld, conditioned or delayed), or (ii) have the Company assume the defense of Indemnitee in such Proceeding, in which case the Company shall assume the defense of such Proceeding with counsel selected by the Company and approved by Indemnitee (which approval shall not be unreasonably withheld, conditioned or delayed) within ten (10) days of the Companys receipt of written notice of Indemnitees election to cause the Company to do so. If the Company is required to assume the defense of any such Proceeding, it shall engage legal counsel for such defense, and the Company shall be solely responsible for all fees and expenses of such legal counsel and otherwise of such defense. Such legal counsel may represent both Indemnitee and the Company (and any other party or parties entitled to be indemnified by the Company with respect to such matter) unless, in the reasonable opinion of legal counsel to Indemnitee, there is a conflict of interest between Indemnitee and the Company (or any other such party or parties) or there are legal defenses available to Indemnitee that are not available to the Company (or any such other party or parties). Notwithstanding either partys assumption of responsibility for defense of a Proceeding, each party shall have the right to engage separate
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counsel at its own expense. If the Company has responsibility for defense of a Proceeding, the Company shall provide the Indemnitee and its counsel with all copies of pleadings and material correspondence relating to the Proceeding. Indemnitee and the Company shall reasonably cooperate in the defense of any Proceeding with respect to which indemnification is sought hereunder, regardless of whether the Company or Indemnitee assumes the defense thereof. Indemnitee may not settle or compromise any Proceeding without the prior written consent of the Company, which consent shall not be unreasonably withheld, conditioned or delayed. The Company may not settle or compromise any Proceeding without the prior written consent of Indemnitee.
Section 10. Procedure Upon Application for Indemnification.
(a) Upon written request by Indemnitee for indemnification pursuant to Section 9(a) hereof, if any determination by the Company is required by applicable law with respect to Indemnitees entitlement thereto, such determination shall be made (i) if Indemnitee shall request such determination be made by Independent Counsel, by Independent Counsel, and (ii) in all other circumstances, (A) by a majority vote of the Disinterested Directors, even though less than a quorum of the Board, (B) by a committee of Disinterested Directors designated by a majority vote of the Disinterested Directors, even though less than a quorum of the Board, (C) if there are no such Disinterested Directors or, if such Disinterested Directors so direct, by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee, or (D) if so directed by the Board, by the stockholders of the Company holding a majority of the securities of the Company entitled to vote; and, if it is so determined that Indemnitee is entitled to indemnification, payment to Indemnitee shall be made within ten (10) days after such determination. Indemnitee shall cooperate with the person, persons or entity making such determination with respect to Indemnitees entitlement to indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or information which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any Expenses incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall, to the fullest extent permitted by law, be borne by the Company (irrespective of the determination as to Indemnitees entitlement to indemnification) and the Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom. The Company will not deny any written request for indemnification hereunder made in good faith by Indemnitee unless a determination as to Indemnitees entitlement to such indemnification described in this Section 10(a) has been made. The Company agrees to pay the reasonable fees and expenses of the Independent Counsel referred to above and to fully indemnify such counsel against any and all Liabilities and Expenses arising out of or relating to this Agreement or its engagement pursuant hereto.
(b) In the event the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 10(a) hereof, (i) the Independent Counsel shall be selected by the Company within ten (10) days of the Submission Date (the cost of such Independent Counsel to be paid by the Company), (ii) the Company shall give written notice to Indemnitee advising it of the identity of the Independent Counsel so selected and (iii) Indemnitee may, within ten (10) days after such written notice of selection shall have been given, deliver to the Company Indemnitees written objection to such selection. Such objection by Indemnitee
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may be asserted only on the ground that the Independent Counsel selected does not meet the requirements of Independent Counsel as defined in this Agreement. If such written objection is made and substantiated, the Independent Counsel selected shall not serve as Independent Counsel unless and until Indemnitee withdraws the objection or a court has determined that such objection is without merit. Absent a timely objection, the person so selected shall act as Independent Counsel. If no Independent Counsel shall have been selected and not objected to before the later of (i) thirty (30) days after the Submission Date and (ii) ten (10) days after the final disposition of the Proceeding, including any appeal therein, each of the Company and Indemnitee shall select a law firm or member of a law firm meeting the qualifications to serve as Independent Counsel, and such law firms or members of law firms shall select the Independent Counsel.
Upon the due commencement of any judicial proceeding or arbitration pursuant to Section 12(a) of this Agreement, Independent Counsel shall be discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of professional conduct then prevailing).
Section 11. Presumptions and Effect of Certain Proceedings.
(a) In making a determination with respect to entitlement to indemnification hereunder, the person, persons or entity making such determination shall, to the fullest extent not prohibited by applicable law, presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with Section 9(a) of this Agreement, and the Company shall, to the fullest extent not prohibited by applicable law, have the burden of proof to overcome that presumption in connection with the making by any person, persons or entity of any determination contrary to that presumption. Neither the failure of the Company (including by its directors or Independent Counsel) to have made a determination prior to the commencement of any action pursuant to this Agreement that indemnification is proper in the circumstances because Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company (including by its directors or Independent Counsel) that Indemnitee has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct.
(b) Subject to Section 12(e) hereof, if the person, persons or entity empowered or selected under Section 10 of this Agreement to determine whether Indemnitee is entitled to indemnification shall not have made a determination within sixty (60) days after receipt by the Company of the request therefore, the requisite determination of entitlement to indemnification shall, to the fullest extent not prohibited by applicable law, be deemed to have been made and Indemnitee shall be entitled to such indemnification, absent a prohibition of such indemnification under applicable law; provided, however, that such 60-day period may be extended for a reasonable time, not to exceed an additional thirty (30) days, if (i) the determination is to be made by Independent Counsel and Indemnitee objects to the Companys selection of Independent Counsel and (ii) the Independent Counsel ultimately selected requires such additional time for the obtaining or evaluating of documentation or information relating thereto; provided further, however, that such 60-day period may also be extended for a reasonable time, not to exceed an additional sixty (60) days, if the determination of entitlement to indemnification is to be made by the stockholders of the Company.
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(c) The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) adversely affect the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee had reasonable cause to believe that Indemnitees conduct was unlawful.
(d) Reliance as Safe Harbor. For purposes of any determination of good faith, Indemnitee shall be deemed to have acted in good faith if Indemnitees action is based on the records or books of account of the Enterprise, including financial statements, or on information supplied to Indemnitee by the officers of the Enterprise in the course of their duties, or on the advice of legal counsel for the Enterprise or on information or records given or reports made to the Enterprise by an independent certified public accountant or by an appraiser or other expert selected with the reasonable care by the Enterprise. The provisions of this Section 11(d) shall not be deemed to be exclusive or to limit in any way the other circumstances in which Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement.
(e) Actions of Others. The knowledge or actions, or failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement.
Section 12. Remedies of Indemnitee.
(a) Subject to Section 12(e) hereof, in the event that (i) a determination is made pursuant to Section 10 of this Agreement that Indemnitee is not entitled to indemnification under this Agreement, (ii) advancement is not timely made pursuant to Section 8 of this Agreement, (iii) no determination of entitlement to indemnification shall have been timely made pursuant to Section 10(a) of this Agreement, (iv) payment of indemnification is not made pursuant to Sections 4 or 5 or the third to the last sentence of Section 10(a) of this Agreement within ten (10) days after receipt by the Company of a written request therefor, (v) payment of indemnification pursuant to Sections 2, 3 or 6 of this Agreement is not made within ten (10) days after a determination has been made that Indemnitee is entitled to indemnification, or (vi) in the event that the Company or any other Person takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation or other action or proceeding designed to deny, or to recover from, Indemnitee the benefits provided or intended to be provided to Indemnitee hereunder, Indemnitee shall be entitled to an adjudication by a court of Indemnitees entitlement to such indemnification or advancement. Alternatively, Indemnitee, at Indemnitees option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration Association. The Company shall not oppose Indemnitees right to seek any such adjudication or award in arbitration.
9
(b) In the event that a determination shall have been made pursuant to Section 10(a) of this Agreement that Indemnitee is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 12 shall be conducted in all respects as a de novo trial, or arbitration, on the merits and Indemnitee shall not be prejudiced by reason of that adverse determination. In any judicial proceeding or arbitration commenced pursuant to this Section 12 the Company shall have the burden of proving Indemnitee is not entitled to indemnification or advancement, as the case may be.
(c) If a determination shall have been made pursuant to Section 10(a) of this Agreement that Indemnitee is entitled to indemnification, the Company shall be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section 12, absent a prohibition of such indemnification under applicable law.
(d) The Company shall, to the fullest extent not prohibited by applicable law, be precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Section 12 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court or before any such arbitrator that the Company is bound by all the provisions of this Agreement. It is the intent of the Company that Indemnitee not be required to incur Expenses associated with the interpretation, enforcement or defense of Indemnitees rights under this Agreement by litigation or otherwise because the cost and expense thereof would substantially detract from the benefits intended to be extended to Indemnitee hereunder. The Company shall indemnify Indemnitee against any and all Expenses and, if requested by Indemnitee, shall (within ten (10) days after receipt by the Company of a written request therefore) advance, to the extent not prohibited by applicable law, such Expenses to Indemnitee, which are incurred by Indemnitee in connection with any action brought by Indemnitee for indemnification or advancement from the Company under this Agreement or the Bylaws, or under any directors and officers liability insurance policies maintained by the Company, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement or insurance recovery, as the case may be.
(e) Notwithstanding anything in this Agreement to the contrary, no determination as to entitlement to indemnification under this Agreement shall be required to be made prior to the final disposition of the Proceeding, including any appeal therein.
Section 13. Non-Exclusivity; Survival of Rights; Insurance; Subrogation.
(a) The rights of indemnification and to receive advancement as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable law, the Certificate of Incorporation, the Bylaws, any agreement, a vote of stockholders or a resolution of directors, or otherwise. No amendment, alteration or repeal of this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in Indemnitees Corporate Status prior to such amendment, alteration or repeal. To the extent that a change in Delaware law, whether by statute or judicial decision, permits greater indemnification or advancement than would be afforded currently under the Bylaws or this Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein conferred is intended to
10
be exclusive of any other right or remedy, and every other right and remedy shall be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy.
(b) The Company hereby acknowledges that Indemnitee may have certain rights to indemnification, advancement and insurance provided by one or more Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity). The Company hereby acknowledges and agrees that (i) the Company shall be the indemnitor of first resort with respect to any Proceeding, Expense, Liability or matter that is the subject of the Indemnity Obligations, (ii) the Company shall be primarily liable for all Indemnity Obligations and any indemnification afforded to Indemnitee in respect of any Proceeding, Expense, Liability or matter that is the subject of Indemnity Obligations, whether created by applicable law, organizational or constituent documents, contract (including this Agreement) or otherwise, (iii) any obligation of any other Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) to indemnify Indemnitee or advance Expenses or Liabilities to Indemnitee in respect of any Proceeding shall be secondary to the obligations of the Company hereunder, (iv) the Company shall be required to indemnify Indemnitee and advance Expenses or Liabilities to Indemnitee hereunder to the fullest extent provided herein without regard to any rights Indemnitee may have against any other Person with whom or which Indemnitee may be associated (including, any Sponsor Entity) or insurer of any such Person and (v) the Company irrevocably waives, relinquishes and releases any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) from any claim of contribution, subrogation or any other recovery of any kind in respect of amounts paid by the Company hereunder. In the event any other Person with whom or which Indemnitee may be associated (including, without limitations, any Sponsor Entity) or their insurers advances or extinguishes any liability or loss which is the subject of any Indemnity Obligation owed by the Company or payable under any Company insurance policy, the payor shall have a right of subrogation against the Company or its insurer or insurers for all amounts so paid which would otherwise be payable by the Company or its insurer or insurers under this Agreement. In no event will payment of an Indemnity Obligation by any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) or their insurers affect the obligations of the Company hereunder or shift primary liability for any Indemnity Obligation to any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity). Any indemnification, insurance or advancement provided by any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) with respect to any liability arising as a result of Indemnitees Corporate Status or capacity as an officer or director of any Person is specifically in excess over any Indemnity Obligation of the Company or valid and any collectible insurance (including but not limited to any malpractice insurance or professional errors and omissions insurance) provided by the Company under this Agreement.
(c) To the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, officers, employees, trustees, or agents of any Enterprise, Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any such director, officer, employee,
11
trustee or agent under such policy or policies and such policies shall provide for and recognize that the insurance policies are primary to any rights to indemnification, advancement or insurance proceeds to which Indemnitee may be entitled from one or more Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) to the same extent as the Companys indemnification and advancement obligations set forth in this Agreement. If, at the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company has director and officer liability insurance in effect, the Company shall give prompt notice of the commencement of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies.
(d) In the event of any payment under this Agreement, the Company shall be subrogated to the rights of recovery of Indemnitee, including rights of indemnification provided to Indemnitee from any other person or entity with whom Indemnitee may be associated; provided, however, that the Company shall not be subrogated to the extent of any such payment of all rights of recovery of Indemnitee with respect to any Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity).
(e) The indemnification and contribution provided for in this Agreement will remain in full force and effect regardless of any investigation made by or on behalf of Indemnitee.
Section 14. Duration of Agreement; Not Employment Contract. This Agreement shall continue until and terminate upon the latest of: (i) ten (10) years after the date that Indemnitee shall have ceased to serve as a director or officer of any Enterprise and (ii) one (1) year after the date of final termination of any Proceeding, including any appeal, then pending in respect of which Indemnitee is granted rights of indemnification or advancement hereunder and of any proceeding, including any appeal, commenced by Indemnitee pursuant to Section 12 of this Agreement relating thereto. This Agreement shall be binding upon the Company and its successors and assigns and shall inure to the benefit of Indemnitee and Indemnitees heirs, executors and administrators. The Company shall require and cause any successor, and any direct or indirect parent of any successor, whether direct or indirect by purchase, merger, consolidation or otherwise, to all, substantially all or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall not be deemed an employment contract between the Company (or any of its subsidiaries or any other Enterprise) and Indemnitee. Indemnitee specifically acknowledges that Indemnitees employment with the Company (or any of its subsidiaries or any other Enterprise), if any, is at will, and Indemnitee may be discharged at any time for any reason, with or without cause, except as may be otherwise provided in any written employment contract between Indemnitee and the Company (or any of its subsidiaries or any other Enterprise), other applicable formal severance policies duly adopted by the Board, or, with respect to service as a director of the Company, by the Certificate of Incorporation, the Bylaws or the DGCL.
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Section 15. Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the fullest extent permitted by applicable law; (b) such provision or provisions shall be deemed reformed to the extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of any Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable that is not itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby.
Section 16. Enforcement.
(a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director or officer of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director or officer of the Company.
(b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof; provided, however, that this Agreement is a supplement to and in furtherance of the Certificate of Incorporation, the Bylaws and applicable law, and shall not be deemed a substitute therefore, nor diminish or abrogate any rights of Indemnitee thereunder.
Section 17. Modification and Waiver. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by the parties thereto. No waiver of any of the provisions of this Agreement shall be deemed to be or shall constitute a waiver of any other provision of this Agreement nor shall any waiver constitute a continuing waiver.
Section 18. Notices. All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given if (a) delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed, (b) mailed by certified or registered mail with postage prepaid, on the third business day after the date on which it is so mailed, (c) mailed by reputable overnight courier and receipted for by the party to whom said notice or other communication shall have been directed or (d) sent by facsimile transmission, with receipt of oral confirmation that such transmission has been received:
(a) If to Indemnitee, at the address indicated on the signature page of this Agreement, or such other address as Indemnitee shall provide to the Company.
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(b) If to the Company to
Memorial Resource Development Corp.
1301 McKinney Street, Suite 2100
Houston, Texas 77010
Attention: Board of Directors
or to any other address as may have been furnished to Indemnitee by the Company.
Section 19. Contribution. To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whether for Liabilities or for Expenses, in connection with any Proceeding, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits received by the Company and Indemnitee as a result of the event(s) and transaction(s) giving cause to such Proceeding; and (ii) the relative fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with such event(s) and transaction(s).
Section 20. Applicable Law and Consent to Jurisdiction. This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. Except with respect to any arbitration commenced by Indemnitee pursuant to Section 12(a) of this Agreement, the Company and Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought only in the Chancery Court of the State of Delaware (the Delaware Court), and not in any other state or federal court in the United States of America or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out of or in connection with this Agreement, (iii) consent to service of process at the address set forth in Section 18 of this Agreement with the same legal force and validity as if served upon such party personally within the State of Delaware; (iv) waive any objection to the laying of venue of any such action or proceeding in the Delaware Court, and (v) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum.
Section 21. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement.
Section 22. Third-Party Beneficiaries. The Sponsor Entities are intended third-party beneficiaries of this Agreement and shall have all of the rights afforded to Indemnitee under this Agreement.
Section 23. Miscellaneous. Use of the masculine pronoun shall be deemed to include usage of the feminine pronoun where appropriate. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction thereof.
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IN WITNESS WHEREOF, the parties have caused this Agreement to be signed as of the day and year first above written.
MEMORIAL RESOURCE DEVELOPMENT CORP. | INDEMNITEE | |||||||
By: |
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By: |
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Name: |
|
Name: |
| |||||
Title: |
|
Title: |
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Signature Page to Indemnification Agreement
Exhibit 10.10
CONFIDENTIAL TREATMENT REQUESTED
GAS PROCESSING AGREEMENT
March 17, 2014
PennTex North Louisiana, LLC
Processor
and
WildHorse Resources, LLC
Customer
TABLE OF CONTENTS
ARTICLE |
PAGE | |
ARTICLE I. CERTAIN DEFINITIONS |
1 | |
ARTICLE II. CUSTOMER RIGHTS AND OBLIGATIONS |
8 | |
2.1 Dedication |
8 | |
2.2 Prior Dedications |
9 | |
2.3 Covenant Running with the Land |
9 | |
2.4 Memorandum of Agreement |
9 | |
2.5 Customer Warranty |
10 | |
2.6 No Upstream Processing |
10 | |
2.7 Customer Gas in Excess of Maximum Daily Quantity |
10 | |
2.8 Gas for Lease Operations |
10 | |
ARTICLE III. DELIVERY AND PROCESSING OF GAS |
10 | |
3.1 Plant Operational Date; Initial Operation; Design Basis; Second Plant Option |
10 | |
3.2 Delivery of Customer Gas |
11 | |
3.3 Processor Commitment |
12 | |
3.4 Delivery of Customers Residue Gas |
12 | |
3.5 Receipt and Processing of Gas. |
12 | |
3.6 Maintenance |
12 | |
3.7 Customers MDQ |
13 | |
3.8 Plant Operations |
13 | |
3.9 Operation of the Plant |
15 | |
3.10 Delivery of Customer Plant Products |
15 | |
ARTICLE IV. NOMINATIONS AND BALANCING |
15 | |
4.1 Nomination Procedures |
15 | |
4.2 Balancing |
15 | |
4.3 Allocation of Received Gas |
16 | |
4.4 Plant Product Allocation Procedure |
16 | |
ARTICLE V. QUALITY |
16 | |
5.1 Gas Quality Specifications |
16 | |
5.2 Non-Conforming Gas |
16 | |
5.3 Hazardous Substances |
17 | |
5.4 Environmental, Health and Safety Laws |
17 | |
ARTICLE VI. MEASUREMENT AND TESTING |
17 | |
6.1 Measurement Equipment |
17 | |
6.2 Measurement Standards |
18 | |
6.3 Measurement Factors |
18 | |
6.4 Measurement Accuracy Verification |
19 | |
6.5 Measurement Error |
19 | |
6.6 Customers Right of Inspection |
19 | |
6.7 Gross Heating Value Determination |
20 |
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6.8 Hydrocarbon Content |
20 | |
6.9 Fractional Analysis |
20 | |
6.10 Modifications to Measurement Procedures |
20 | |
6.11 Measurement Disputes |
21 | |
ARTICLE VII. PLANT PRODUCTS AND CUSTOMER RESIDUE GAS |
21 | |
7.1 Conveyance of Rights to Processor |
21 | |
7.2 Title to Customer Gas and Plant Products |
21 | |
ARTICLE VIII. PLANT FUEL, LOST AND UNACCOUNTED FOR AND SHRINKAGE |
21 | |
8.1 Calculation of Plant Fuel and Lost and Unaccounted for Gas |
21 | |
8.2 Calculation of Shrinkage |
21 | |
8.3 Plant Fuel, Shrinkage and Lost and Unaccounted for Gas |
21 | |
ARTICLE IX. COMPENSATION AND FEES |
22 | |
9.1 Processing Fee |
22 | |
9.2 Stabilization Facilities |
22 | |
9.3 Fee Adjustment |
22 | |
9.4 Minimum Quantity Commitment. |
22 | |
9.5 Deficiency Payments |
23 | |
9.6 Certain Other Payments |
23 | |
9.7 Electric Compression Reimbursement |
25 | |
ARTICLE X. ROYALTIES; WARRANTY OF TITLE |
25 | |
10.1 Royalties |
25 | |
10.2 Title; Warranties Regarding Title |
25 | |
ARTICLE XI. TERM |
26 | |
11.1 Term |
26 | |
11.2 Termination for Cause |
26 | |
ARTICLE XII. STATEMENTS AND PAYMENTS |
26 | |
12.1 Invoices and Statements |
26 | |
12.2 Payment of Statements |
26 | |
12.3 Billing Disputes |
26 | |
12.4 Audit Rights |
27 | |
12.5 Customer Credit Data |
27 | |
12.6 Setoff and Recoupment |
27 | |
12.7 Creditworthiness Determination |
27 | |
ARTICLE XIII. LIABILITY OF THE PARTIES |
27 | |
13.1 Control and Possession of Gas and Plant Products |
27 | |
13.2 Waiver of Certain Damages |
28 | |
13.3 Inert Constituents |
28 | |
13.4 Indemnification |
29 | |
ARTICLE XIV. FORCE MAJEURE |
30 | |
14.1 Suspension of Obligations |
30 |
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14.2 Definition of Force Majeure |
30 | |
14.3 Strikes |
30 | |
ARTICLE XV. GOVERNING LAW; VENUE; DISPUTE RESOLUTION |
30 | |
15.1 Governing Law |
30 | |
15.2 Venue |
30 | |
15.3 Negotiation |
31 | |
ARTICLE XVI. TAXES |
31 | |
16.1 Taxes on Processing and Plant Products |
31 | |
16.2 Other Taxes |
31 | |
ARTICLE XVII. ASSIGNMENT |
31 | |
17.1 Restrictions on Assignment |
31 | |
17.2 Permitted Assignments |
32 | |
ARTICLE XVIII. NOTICES AND STATEMENTS |
32 | |
18.1 Notice |
32 | |
18.2 Change of Address |
33 | |
ARTICLE XIX. MISCELLANEOUS |
34 | |
19.1 Entire Agreement |
34 | |
19.2 Confidentiality |
34 | |
19.3 Waiver |
34 | |
19.4 No Third Party Beneficiaries |
35 | |
19.5 No Partnership |
35 | |
19.6 Published Indices |
35 | |
19.7 Headings |
35 | |
19.8 Contract Interpretation |
35 | |
19.9 Agreement Subject to Laws |
36 | |
19.10 Federal Jurisdiction |
36 | |
19.11 Reports to Governmental Authorities |
36 | |
19.12 Material Adverse Change |
36 | |
19.13 Severability |
37 | |
19.14 Expenses |
37 | |
19.15 Joint Preparation |
37 | |
19.16 Further Assurances |
37 | |
19.17 No Inducements |
37 | |
19.18 Counterpart Execution |
37 | |
19.19 Survival |
37 | |
19.20 Customer-Affiliate-Subsidiary Obligations |
38 |
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Exhibits |
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EXHIBIT A |
Maximum Daily Quantity* | |
EXHIBIT B |
Memorandum | |
EXHIBIT C |
Specifications* | |
EXHIBIT D |
AMI Description | |
EXHIBIT E |
Schedule of Dedicated Leases | |
EXHIBIT F |
Prior Dedications | |
EXHIBIT G |
Plan Design Specifications* |
* |
- | Confidential Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. |
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GAS PROCESSING AGREEMENT
This Gas Processing Agreement (this Agreement) is hereby made and entered into as of the 17th day of March, 2014 (the Effective Date) by and between PennTex North Louisiana, LLC, a Delaware limited liability company (Processor), and WildHorse Resources, LLC, a Delaware limited liability company (Customer). Hereinafter, Processor and Customer may sometimes be referred to collectively as the Parties and individually as a Party.
W I T N E S S E T H:
WHEREAS, Customer owns title to or controls the right to process Customer Gas (as hereinafter defined) for the recovery and removal of certain liquefiable hydrocarbons and non-hydrocarbon components therefrom; and
WHEREAS, Processor intends to construct and own processing facilities in the vicinity of Customers wells in northern Louisiana; and
WHEREAS, Customer desires to have Customer Gas processed by Processor hereunder; and
WHEREAS, upon the completion of such processing facilities, Processor will be capable of processing Customer Gas and Processor desires to process Customer Gas; and
WHEREAS, Gatherer and Customer have entered into that certain Gas Gathering Agreement dated November 1, 2012, as amended and restated by that certain Amended and Restated Gas Gathering Agreement dated April 1, 2013 (as amended, supplemented or modified from time to time, the Gathering Agreement), pursuant to which Customer Gas will be delivered to the Plant.
NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, the Parties covenant and agree as follows:
CERTAIN DEFINITIONS
For the purposes of this Agreement, the following definitions have the meanings as set forth below:
1.1 Additional Term shall have the meaning given to such term in Section 11.1.
1.2 Affiliate shall mean, when used with respect to any Person, any other Person that, directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such Person in question.
1.3 Agreement shall have the meaning given to such term in the preamble of this Agreement.
1.4 Annual Period shall mean a period commencing at 9:00 a.m., Central Clock Time, on the Plant Operational Date and ending at 9:00 a.m., Central Clock Time on the same Day and calendar month of the following calendar year and thereafter for succeeding periods of twelve (12) consecutive Months each.
1.5 Area of Mutual Interest or AMI shall mean all of the land described in Exhibit D attached hereto.
1.6 Assumed Obligations shall have the meaning given to such term in Section 17.2.
1.7 Basis for Requesting Assurance shall have the meaning given to such term in Section 12.7.
1.8 Btu shall mean one British thermal unit, the amount of heat required to raise the temperature of one pound of water one degree Fahrenheit at standard reference conditions.
1.9 Business Day shall mean any day (other than a Saturday or Sunday) on which commercial banking institutions in Houston, Texas are generally open for business.
1.10 Central Clock Time shall mean the current time in the Central Time Zone taking into consideration the seasonal changes back and forth between Daylight Savings and Standard time.
1.11 Claims shall mean any and all claims, demands and causes of action of any kind and all losses, damages, liabilities, costs and expenses of whatever nature (including court costs and reasonable attorneys fees).
1.12 Control (including its derivatives and similar terms) means possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of any such relevant Person by ownership of voting interest, by contract or otherwise.
1.13 Credit Interruption Days shall mean, with respect to any Semiannual Period in the MQ Period, the Interruption Days, if any, occurring in such Semiannual Period in excess of three (3) Interruption Days.
1.14 Cumulative Gas Commitment shall mean with respect to each Semiannual Period during the Primary Term, the quantity (in MMBtu) set forth for such Semiannual Period under the column entitled Cumulative Gas Commitment in the table in Section 9.4.
1.15 Customer shall have the meaning given to such term in the preamble of this Agreement.
1.16 Customer Dedicated Leases shall mean all oil and gas leases owned by Customer or any other Subsidiary covering lands located in the Dedicated Area (whether directly from a lessor or acquisitions from other third-parties as lessees), including, without limitation, those oil and gas leases described in Exhibit E hereto.
1.17 Customer Gas shall have the meaning given to such term in Section 2.1.
1.18 Customer Plant Products shall mean the volume of Plant Products allocated by Processor to Customer Gas processed at the Plant.
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1.19 Customer Residue Gas shall mean Gas having a Thermal Content equal to (i) the Thermal Content of Customer Gas measured at the Point of Delivery minus (ii) the Thermal Content of Inert Constituents removed from Customer Gas, Shrinkage attributable to Customer Plant Products, the Thermal Content of Plant Fuel and the Thermal Content of Lost and Unaccounted for Gas allocated or attributable to such Customer Gas.
1.20 Customers Inert Constituents shall have the meaning given to such term in Section 13.3.
1.21 Day or Daily shall mean a period of hours, commencing at 9:00 a.m., Central Clock Time, on a calendar day and ending at 9:00 a.m., Central Clock Time, on the next succeeding calendar day.
1.22 Dedicated Area shall mean all lands within the AMI.
1.23 Dedication shall have the meaning given to such term in Section 2.1.
1.24 Default Interest Rate shall mean the U.S. Prime Rate (as published in the Money Rates table of The Wall Street Journal, Eastern Edition) plus an additional two points (2.00%) applicable on the first Business Day prior to the due date of payment and thereafter on the first Business Day of each succeeding Month (or, if such rate is contrary to any applicable usury laws, the maximum rate permitted by such applicable laws).
1.25 Deficiency Payment shall have the meaning set forth in Section 9.5.
1.26 Effective Date shall have the meaning given to such term in the preamble of this Agreement.
1.27 EGM shall have the meaning given to such term in Section 6.2.
1.28 Ethane Recovery Option shall have the meaning given to such term in Section 3.1(c).
1.29 Ethane Rejection Option shall have the meaning given to such term in Section 3.1(c).
1.30 Firm Receipts shall mean receipts of Gas by Processor at the Plant, from Customer or any other Person, for which Processor is contractually entitled to interrupt its performance only to the extent of Plant Interruptions, including, without limitation, Customer Gas delivered hereunder up to the MDQ.
1.31 Force Majeure shall have the meaning given to such term in Section 14.2.
1.32 Gallon shall mean one (1) U.S. gallon.
1.33 Gas shall mean natural gas and casinghead gas as produced from wells classified as gas wells or oil wells.
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1.34 Gatherer means Regency Energy Partners, L.P., as gatherer under the Gathering Agreement, and its successors and assigns.
1.35 Gathering Agreement shall have the meaning given to such term in the recitals of this Agreement.
1.36 Gathering System shall mean the Gas gathering facilities that are used to gather Customer Gas and deliver it to the Plant, including such facilities that are subject to the Gathering Agreement.
1.37 Governmental Authority shall mean any federal, state, local, municipal, tribal or other government; any governmental, regulatory or administrative agency, commission, body or other authority or entitled to any administrative, executive, judicial, legislative, regulatory or taxing authority or power; and any court or governmental tribunal, including any tribal authority having or asserting jurisdiction.
1.38 Greenhouse Gas Surcharge shall have the meaning given to such term in Section 9.6(a).
1.39 Greenhouse Gases shall mean certain components which may from time to time comprise part of Customer Gas consisting of carbon dioxide, methane, nitrous oxide, and ozone.
1.40 Gross Heating Value shall mean the number of Btus liberated by the complete combustion at constant pressure of one (1) cubic foot of Gas, at a base temperature of sixty degrees Fahrenheit (60°F) and at a reference pressure base equal to 14.65 psia, with air of the temperature and pressure of the Gas, after the products of combustion are cooled to the initial temperature of the Gas, and after the water formed by the combustion is condensed to the liquid state. The gross heating value of the Gas shall be corrected for water vapor under testing conditions to the actual water vapor content of the Gas being delivered; provided, however, if the actual water vapor content is seven (7) pounds per 1,000,000 standard cubic feet of Gas or less, the Gas shall be deemed dry and no water vapor correction shall be made.
1.41 Hazardous Substances shall have the meaning set forth Section 5.3.
1.42 Ideal Gas Laws shall mean the thermodynamic laws applying to perfect gases.
1.43 Inert Constituents shall mean constituents other than Plant Products contained in Gas, including, without limitation, carbon dioxide, hydrogen sulfide, water vapor, ozone, nitrous oxide and mercury.
1.44 Interests shall mean any right, title, or interest in lands, wells, or leases and the right to produce oil and/or Gas therefrom whether arising from fee ownership, working interest ownership, mineral ownership, leasehold ownership, farm-out or arising from any pooling, unitization or communitization of any of the foregoing rights.
1.45 Interruptible Gas shall have the meaning given to such term in Section 3.5(b).
1.46 Interruptible Receipts shall mean receipts of Gas by Processor at the Plant from Customer or any other Person for which Processor is contractually entitled to interrupt its
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performance, in its sole and unfettered discretion, for any reason or no reason, including, without limitation, (i) the overall demand for services in the Plant exceeding the capacity of the Plant, (ii) an event of force majeure (including a Force Majeure under this Agreement), (iii) maintenance (including Maintenance under this Agreement), or (iv) Processor determines that the operation of all or any portion of the Plant will cause injury or harm to persons or property or to the integrity of the Plant, including, without limitation, Customer Gas delivered hereunder in excess of the MDQ.
1.47 Interruption Day shall mean any Day in the MQ Period that the quantity of Customer Gas accepted by Processor at the Point of Delivery is less than the lesser of (i) the MDQ in effect for such Day or (ii) ninety percent (90%) of the quantity of Customer Gas nominated hereunder that meets the Specifications and is available for delivery on such Day, due to a Plant Interruption of the type described in clauses (i), (ii), or (iv) in the definition of such term in Section 3.8(a), curtailment, or Processors failure to perform hereunder.
1.48 Losses shall mean any actual loss, cost, expense, liability, damage, demand, suit, sanction, claim, judgment, lien, fine or penalty, including attorneys fees, which are incurred by the applicable indemnified Persons on account of injuries (including death) to any person or damage to or destruction of any property, sustained or alleged to have been sustained in connection with or arising out of the matters for which the indemnifying party has indemnified the applicable indemnified Persons.
1.49 Lost and Unaccounted for Gas shall mean Gas that is flared, vented and/or lost and unaccounted for in Plant operations.
1.50 Maintenance shall have the meaning given to such term in Section 3.6.
1.51 Maximum Daily Quantity or MDQ shall mean, as to each Day in the Primary Term during each period of time set forth in the table in Exhibit A, the quantity set forth in the column labeled MDQ for such period of time in such table, and as to each Day in any Additional Term, the quantity as determined in Section 3.7(b).
1.52 Measurement Dispute shall have the meaning given to such term in Section 6.11.
1.53 Measurement Expert shall have the meaning given to such term in Section 6.11.
1.54 Memorandum shall have the meaning given to such term in Section 2.4.
1.55 MMBtu shall mean one million (1,000,000) Btus.
1.56 MMcf shall mean one million (1,000,000) cubic feet at a pressure of 14.65 psia and a temperature of sixty degrees Fahrenheit (60°F).
1.57 Month shall mean a period of time beginning at 9:00 a.m., Central Clock Time on the first Day of the calendar month and ending at 9:00 a.m., Central Clock Time on the first Day of the next succeeding calendar month.
1.58 MQ Period shall have the meaning given to such term in Section 9.4.
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1.59 NGL Delivery Point shall mean the outlet flange of the Plant through which Processor delivers Customer Plant Products to Customer or its designee for Customers account.
1.60 NGL Election shall have the meaning given to such term in Section 3.1(c).
1.61 Non-Conforming Gas shall have the meaning given to such term in Section 5.2(a).
1.62 Parties shall have the meaning given to such term in the preamble of this Agreement.
1.63 Party shall have the meaning given to such term in the preamble of this Agreement.
1.64 Performance Assurance shall have the meaning given to such term in Section 12.5.
1.65 Permanent Affected Volume shall have the meaning set forth in Section 3.8(c).
1.66 Person shall mean any individual or any corporation, company, partnership, limited partnership, limited liability company, trust, estate, Governmental Authority or other entity.
1.67 Plant shall mean that certain initial Gas processing plant to be constructed by Processor or its Affiliate and located in Lincoln Parish, Louisiana.
1.68 Plant Fuel shall mean Gas used to operate the Plant.
1.69 Plant Interruptions shall have the meaning set forth in Section 3.8(a).
1.70 Plant Interruption Credit Quantity shall mean, with respect to any Credit Interruption Day, the difference between (i) the lesser of (a) the MDQ and (b) the quantity of Customer Gas nominated hereunder and that meets the Specifications and is available for delivery at the Point of Delivery on such Credit Interruption Day, and (ii) the quantity of Customer Gas actually accepted by Processor hereunder at the Point of Delivery on such Credit Interruption Day. With respect to the end of any Semiannual Period, the Plant Interruption Credit Quantity shall be the sum of the Plant Interruption Credit Quantities for all Credit Interruption Days as of the end of such Semiannual Period.
1.71 Plant Operational Date shall mean the Day on which Processor notifies Customer that the Plant is operational and ready for commercial service; provided, that if such Day is not the first Day of a Month, the Plant Operational Date shall be the first Day of the following Month.
1.72 Plant Products shall mean the mixture of liquefiable hydrocarbon components consisting of ethane, propane, normal butane, iso-butane and natural gasoline that Processor recovers and removes from Gas.
1.73 Point of Delivery shall mean, collectively:
(a) the custody transfer meter at the Plant at which Customer Gas is measured and delivered;
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(b) the meter or measurement facilities (if any) at which condensate and/or drip liquids that are recovered from the Gathering System, vaporized, and injected into the Plant for further processing are measured;
(c) the meter or measurement facilities (if any) at which Gas recovered by vapor recovery units as part of the condensate stabilization process (if any) and injected into the Plant for further processing are measured; and/or
(d) any other custody transfer meter or measurement facility at which Gas or condensate that is delivered into the Plant for processing that is not measured by any of the meters or measurement facilities described in clauses (a) through (c) above is measured.
1.74 Point of Measurement and Points of Measurement shall mean a Receipt Point, or collectively, all Receipt Points as such terms are defined in the Gathering Agreement.
1.75 Point of Redelivery shall mean the custody transfer meter at or near the tailgate of the Plant through which Processor redelivers Customer Residue Gas to Customer or its designees for Customers account for further transportation on downstream pipelines.
1.76 PPI shall mean the Producer Price Index Industry Data for Oil and Gas Field Machinery and Equipment as determined and published by the Bureau of Labor Statistics of the United States Department of Labor or its successor index.
1.77 Primary Term shall have the meaning given to such term in Section 11.1.
1.78 Prior Dedications shall mean, as to the Interests owned by Customer and/or any other Subsidiary in the Dedicated Area as of the Effective Date, all dedications or commitments for processing services burdening such Interests as of the Effective Date as set forth in Exhibit F hereto; and as to any Interests acquired by Customer or any other Subsidiary within the Dedicated Area after the Effective Date, all dedications or commitments for processing services burdening such Interests which are existing as of the time of any such acquisition.
1.79 Processing Fee shall have the meaning given to such term in Section 9.1.
1.80 Processor shall have the meaning given to such term in the preamble of this Agreement.
1.81 Residue Gas shall mean that gaseous portion of Gas delivered at the Point of Redelivery.
1.82 SEC shall have the meaning given to such term in Section 12.5(b).
1.83 Second Plant shall have the meaning given to such term in Section 3.1(e).
1.84 Semiannual Deficiency Quantity shall have the meaning given to such term in Section 9.5.
1.85 Semiannual Gas Commitment shall have the meaning given to such term in Section 9.4.
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1.86 Semiannual Period shall have the meaning given to such term in Section 9.4.
1.87 Senior Management Meeting shall have the meaning given to such term in Section 3.8(c).
1.88 Separation Facilities shall mean conventional mechanical separators and any equipment used in any other method of reducing liquefiable hydrocarbons in Gas; provided, however, except for equipment needed to meet the temperature requirements set forth in the Specifications, Separation Facilities shall not include any low-temperature separation equipment, absorption or adsorption facilities.
1.89 Shrinkage shall mean that decrease in Thermal Content of Gas that results from the conversion in the Plant of liquefiable components of Gas into Plant Products, but exclusive of Plant Fuel, Inert Constituents removed from Gas and Lost and Unaccounted for Gas.
1.90 Specifications shall have the meaning given to such term in Section 5.1.
1.91 Subsidiary shall mean, with respect to Memorial Resource Development LLC (the parent), at any date, any other Person (a) of which equity interests representing more than 50% of the equity or more than 50% of the ordinary voting power or, in the case of a partnership, any general partnership interests are, as of such date, owned, controlled or held, or (b) that is, as of such date, otherwise Controlled, by the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries of the parent.
1.92 Taxes shall mean any or all current or future taxes, fees, levies, charges, assessments and/or other impositions levied, charged, imposed, assessed or collected by any governmental authority having jurisdiction.
1.93 Temporary Affected Volume shall have the meaning given to such term in Section 3.8(b).
1.94 Thermal Content shall mean (i) with respect to Gas, the product of a volume of Gas and the Gross Heating Value of such Gas, adjusted to a same pressure base of 14.65 psia, as expressed in MMBtus, and (ii) with respect to a given Plant Product, the product of a volume of such Plant Product and the Gross Heating Value of such Plant Product.
1.95 Third Party Gas shall have the meaning given to such term in Section 3.7(a).
1.96 Third Party Processing Fees shall mean, with respect to any period of time, the processing fees received by Processor with respect to processing Third Party Gas in the Plant during such period of time.
1.97 Total Gas Commitment shall have the meaning set forth in Section 9.4.
CUSTOMER RIGHTS AND OBLIGATIONS
2.1 Dedication. Subject to the other terms and conditions hereof, Customer hereby dedicates for processing under this Agreement and, commencing at 9:00 a.m., Central Clock Time,
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on the Plant Operational Date, shall deliver, or cause to be delivered, hereunder to the Point of Delivery the following (the Dedication, and the Gas that is the subject of the Dedication, being herein referred to as the Customer Gas):
(a) all Gas produced and saved from wells now or hereafter located on lands covered by the Customer Dedicated Leases or on lands pooled or unitized therewith to the extent such Gas is attributable to Interests now owned by Customer and/or any other Subsidiary or hereafter acquired by Customer and/or any other Subsidiary, and their respective successors and assigns, and not delivered or used in lease operations as permitted pursuant to Section 2.8 or otherwise excluded as provided below; and
(b) with respect to such wells for which Customer and/or any other Subsidiary is the operator, Gas produced from such wells that is attributable to Interests in such wells owned by other working interest owners and royalty owners which is not (i) taken in-kind by such working interest owners and royalty owners (and which Customer has the contractual right to deliver under this Agreement) or (ii) delivered or used in lease operations as permitted pursuant to Section 2.8, and for which Customer and/or such other Subsidiary has the right and/or obligation to deliver such Gas; provided, however, with respect to Customer Gas that is subject to a Prior Dedication, subject to the Dedication, such Customer Gas may be delivered in accordance with such Prior Dedication.
Notwithstanding the foregoing, the Parties acknowledge and agree that prior to Plant Operational Date, Customer may deliver Customer Gas to other gathering systems, processors and/or pipelines.
2.2 Prior Dedications. Other than the Prior Dedications and the Dedication hereunder, Customer represents and warrants to Processor that, as of the Effective Date, none of the Interests owned by Customer in the Dedicated Area are subject to any other dedication for Gas processing services. Upon termination of a Prior Dedication, the Gas subject to such Prior Dedication shall, to the extent not already subject to the Dedication, automatically be subject to the Dedication for all purposes under this Agreement without any further actions by the Parties.
2.3 Covenant Running with the Land.
(a) So long as this Agreement is in effect, this Agreement shall (i) be a covenant running with the Interests now owned by Customer and any other Subsidiary or hereafter acquired by Customer and/or any other Subsidiary and their respective successors and assigns in the Dedicated Area and (ii) be binding on and enforceable by Processor and its successors and assigns against Customer, such other Subsidiaries and their respective successors and assigns.
(b) Prior to assigning any of its Interests, Customer shall notify the potential acquiring party of the existence and terms of the Dedication hereunder.
2.4 Memorandum of Agreement . Within thirty (30) days of the execution of this Agreement, the Parties shall execute, acknowledge, deliver, and record a short form memorandum of this Agreement, listing the townships within the Dedicated Area, in the form of Exhibit B attached hereto which shall be placed of record in the parishes comprising the Dedicated Area (the
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Memorandum). Customer has delivered to Processor a schedule showing, as of the Effective Date, all Interests owned by Customer and/or any other Subsidiary that cover lands located within the Dedicated Area, which schedule contains, for each such Interest, the name of the instrument creating the Interest, the date of such instrument, the parties to such instrument, the legal description of the lands covered by such instrument and the recording information for such instrument.
2.5 Customer Warranty. Customer represents and warrants to Processor that Customer has the right to process the Customer Gas delivered hereunder and to recover, remove and sell all Plant Products and Inert Constituents as are contained in such Customer Gas.
2.6 No Upstream Processing. Customer agrees that Customer Gas shall be delivered at the Points of Measurement to Gatherer pursuant to the Gathering Agreement without the prior extraction or removal therefrom of any liquefiable hydrocarbons, except as provided in the Gathering Agreement.
2.7 Customer Gas in Excess of Maximum Daily Quantity. Customer may, at its option, deliver additional Customer Gas in excess of the MDQ to Processor on an Interruptible Receipts basis pursuant to this Agreement. To the extent that Processor accepts Customer Gas in excess of the MDQ, such excess Customer Gas shall be treated as Interruptible Gas for purposes of Section 3.5.
2.8 Gas for Lease Operations. Customer reserves the right to withhold from delivery any Customer Gas required for Customers oil and gas producing operations with respect to wells within the AMI or lands pooled or unitized therewith.
DELIVERY AND PROCESSING OF GAS
3.1 Plant Operational Date; Initial Operation; Design Basis; Second Plant Option.
(a) Plant Operational Date. Processor shall design, engineer, procure and construct the Plant in a good and workmanlike manner and in accordance with good industry practices, and shall use its commercially reasonable efforts to complete the Plant, and commence service hereunder, on or before March 1, 2015. The Plant, when complete, will have a nominal design capacity of * MMcf per Day. Processor shall provide at least forty-five (45) Days prior written notice to Customer of the expected Plant Operational Date. If the Plant Operational Date has not occurred by November 1, 2015, as such date may extended by the occurrence of Force Majeure events affecting Processor not to exceed one-hundred-twenty (120) Days in the aggregate, then Customer may terminate this Agreement upon written notice to Processor; provided, however, (i) in the event that Customer or any Affiliate of Customer, acting in its capacity as a member of the board of managers of Processor, takes any action, directly or indirectly, to materially delay or hinder Processors performance of obligations hereunder, then Customers right of termination pursuant to this Section 3.1(a) shall not apply, (ii) if the Plant Operational Date occurs after such date, but before Customer notifies Processor of such termination, Customers right of termination
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under this Section 3.1(a) shall expire and be of no further force and effect, and (iii) if any delay of the Plant Operational Date is caused by Customer or any third party operator of upstream or downstream pipelines or facilities sending or receiving Customer Gas, then Customers right of termination pursuant to this Section 3.1(a) shall not apply.
(b) Initial Plant Operation. The Parties agree the Plant shall startup and initially operate in ethane rejection mode.
(c) Processing Election. By 5:00 p.m. on the fifth (5th) Business Day prior to the first Day of each Month commencing with the Month following the date on which Processor notifies Customer that Processor is ready to operate the Plant in full recovery mode, Customer shall notify Processor in writing of Customers election (the NGL Election) to have the Customer Plant Products for such Month determined using either (i) maximum recovery of Plant Products (Ethane Recovery Option) or (ii) minimum recovery of Plant Products (Ethane Rejection Option). Should Customer fail to make a timely NGL Election, Customer shall be deemed to have elected to continue the option that is in place for the immediately preceding Month. Notwithstanding Customers NGL Election for a given Month, Processor shall not be required to operate its facilities in any particular recovery mode during such Month; provided, however, Customer Plant Products for such Month shall be determined in accordance with Customers NGL Election for such Month.
(d) Plant Design Basis. The Plants operating performance will be dictated by the quality of Customer Gas. Processor has designed and constructed, and will operate, the Plant based on the gas quality specifications provided by Customer in Exhibit G.
(e) Second Plant Option. Should Customer Gas be projected for a period of over twelve (12) consecutive months to be produced in excess of the nominal design capacity of the Plant, i.e., * MMcf per Day, Customer may, at its option, request in writing that Processor design, engineer, procure and construct a second plant (the Second Plant) to process Customer Gas. Processor shall then design, construct, and operate the Second Plant pursuant to terms and provisions substantially similar to those contained in this Agreement. Should Customer make such request, Customer hereby agrees that, upon completion of the Second Plant, Customers Semiannual Gas Commitment of Gas to be delivered to the Second Plant shall be * MMBtu per Day and Customers Semiannual Gas Commitment for the Plant shall be increased by an amount equal to the difference between (x) * MMBtu per Day and (y) the volume (in MMBtu) of all Gas that is committed to be delivered to the Plant (including Customers Gas) at the time the Second Plant is completed.
3.2 Delivery of Customer Gas. Subject to the provisions of this Agreement, any agreement applicable to the Gathering System, and the operational constraints of the Gathering System, Customer (i) shall deliver, or cause to deliver, Customer Gas to Processor at the Point of Delivery. Subject to the provisions of this Agreement, commencing upon the Plant Operational Date, Processor shall accept delivery of Customer Gas at the Point of Delivery hereunder (Customer recognizes Customer Gas in Processors custody may be commingled with Third Party Gas and that no segregated services are provided hereunder), and (ii) Customer will use commercially reasonable
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efforts to deliver Customer Gas at each Point of Measurement at uniform rates of flow and a pressure sufficient to cause the delivery pressure at the Point of Delivery to be not less than 500 Psig, but not greater than the maximum allowable operating pressure of the Plant at the Point of Delivery.
3.3 Processor Commitment. Subject to the provisions of this Agreement, commencing on the Plant Operational Date, Processor hereby agrees to (i) receive and accept hereunder, as Firm Receipts, all volumes of Customer Gas up to the Maximum Daily Quantity, and as Interruptible Receipts, all volumes of Customer Gas in excess of the Maximum Daily Quantity, (ii) process hereunder, as Firm Receipts, all volumes of Customer Gas up to the Maximum Daily Quantity, and as Interruptible Receipts, all volumes of Customer Gas in excess of the Maximum Daily Quantity, (iii) redeliver Customer Residue Gas to Customer or Customers designee at the Point of Redelivery, (iv) deliver Customer Plant Products pursuant to Section 3.10 of this Agreement, and (v) at Processors option, dispose of Inert Constituents removed from Customer Gas. Notwithstanding any provision herein to the contrary, Processor shall not have any obligation to receive or accept any volumes of Customer Gas if Customer cannot deliver to Processor a minimum of * MMBtu of Customer Gas per Day. Further, should Processor elect not to receive or accept Customer Gas pursuant to the preceding sentence, such Customer Gas shall not be included in the computation of Customer Gas delivered to the Point of Delivery as set forth in Section 9.5(ii)(v).
3.4 Delivery of Customers Residue Gas. Customer, or Customers designee, shall accept delivery of Customer Residue Gas from Processor at the Point of Redelivery. Subject to the provisions of this Agreement, any agreement applicable to the Gathering System, and the operational constraints of the Gathering System, Processor shall use commercially reasonable efforts to deliver Customer Residue Gas into the facilities of interconnecting pipelines at the Point of Redelivery at a pressure sufficient to overcome the operating pressure existing in such receiving facilities from time to time, but Processor shall not be obligated to install secondary residue compression in the Plant to make deliveries of Customer Residue Gas.
3.5 Receipt and Processing of Gas.
(a) Firm Receipts. Subject to the terms and conditions of this Agreement, from and after the Plant Operational Date, Processor shall receive and process, as Firm Receipts, all Customer Gas tendered by Customer each Day in accordance with this Agreement, up to the MDQ.
(b) Interruptible Receipts. Subject to the terms and conditions of this Agreement, from and after the Plant Operational Date, Processor shall receive and process, as Interruptible Receipts, all Customer Gas tendered by Customer each Day in accordance with this Agreement in excess of the MDQ (Interruptible Gas).
3.6 Maintenance. Processor shall be entitled, without liability, to interrupt its performance hereunder to perform necessary or desirable inspections, maintenance, testing, alterations, modifications, connections, repairs or replacements to its facilities as Processor deems necessary (Maintenance), with reasonable, advance notice provided to Customer, except in cases
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of emergency where such notice is impracticable or in cases where the provision of services to Customer pursuant to this Agreement will not be affected; provided that Processor will reasonably cooperate with Customer to minimize adverse effects due to such Maintenance work.
(a) Curtailment. Subject to Plant Interruptions, Processor shall use commercially reasonable efforts to maintain operating capacity of the Plant available to Customer at the Point of Delivery through the Plant to the Point of Redelivery equal to the MDQ. Nothing herein shall restrict the right of Processor to receive, provide services for and redeliver Gas from other third parties (Third Party Gas) provided that for any period during which the quantity of Gas available for delivery to the Plant exceeds the physical processing capacity of the Plant for any reason, including Force Majeure, Maintenance, operational considerations or the recovery mode in which the Plant is operating, Processor shall have the right to interrupt or curtail receipts of Gas in accordance with the following:
(i) Interruptible Gas. First, Processor shall curtail all Interruptible Receipts prior to curtailing any Firm Receipts. If Processor curtails some, but not all, Interruptible Receipts on any Day hereunder, Processor shall allocate the processing capacity of the Plant available to customers receiving service on an Interruptible Receipts basis on a pro rata basis based upon Customers and each other customers actual volume of Gas delivered to the Point of Delivery on the Day immediately preceding the date on which Processor makes such allocation. Such allocation shall remain in effect for the period of the curtailment.
(ii) Firm Receipts. Second, if additional curtailments are required beyond clause (a) above, Processor shall curtail Firm Receipts. If Processor curtails some, but not all, Firm Receipts on any Day, Processor shall allocate the processing capacity of the Plant available to customers receiving service on a Firm Receipts basis on a pro rata basis based upon Customers and each other customers ratio of its reserved capacity to the total reserved capacity in the Plant. For the purposes of this Agreement, Customers reserved capacity shall be the MDQ.
(b) Additional Term MDQ. Subject to Section 3.1(e) hereof, prior to the commencement of any Additional Term, Customer shall provide written notice to Processor of the MDQ that Customer desires under this Agreement for each Annual Period in such Additional Term, not to exceed the MDQ for the most recent Annual Period in the Primary Term or the preceding Additional Term, as applicable; provided, however, the Parties acknowledge and agree that the Semiannual Gas Commitment, Cumulative Gas Commitment and Deficiency Payment shall not apply at any time after expiration of the Primary Term.
3.8 Plant Operations.
(a) Plant Interruptions. The Parties recognize that the processing services to be provided by Processor hereunder may be interrupted from time to time as provided herein. Accordingly, it is agreed and understood by the Parties that the receipt and processing of Customer Gas hereunder by Processor shall be subject from time to time to partial or total
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interruption by Processor in the following circumstances ((i) and (iv) to be determined by Processor) (Plant Interruptions): (i) to provide for the safe operation of the Plant, (ii) conditions of Force Majeure affecting Processor, (iii) the inability or failure of downstream transporters to receive Customer Residue Gas or Customer Plant Products at the Point of Redelivery or the NGL Delivery Point, and (iv) Maintenance. Except as provided in this Section 3.8 and in Section 9.5, Processor shall have no liability of any kind to Customer for any Plant Interruptions.
(b) Temporary Release. Notwithstanding anything in this Agreement to the contrary, if after the Plant Operational Date Processor is unable, whether due to Plant Interruptions or otherwise (except for circumstances caused by the gross negligence or willful misconduct of Customer), to provide processing services in the Plant with respect to all or any volume of the Customer Gas that meets the Specifications, then that volume of such Customer Gas for which Processor is unable to provide processing services in the Plant (the Temporary Affected Volume) will be temporarily released from the Dedication and the Temporary Affected Volume may be delivered by Customer to other gathering systems, processors or pipelines until Processor provides to Customer written notice that Processor will be able to resume receiving the Temporary Affected Volume hereunder. Customer shall resume delivery of the Temporary Affected Volume under this Agreement as soon as reasonably practicable after receiving such notice from Processor. As soon as practicable after a temporary release, the Parties shall attempt to reach agreement on a solution to the cause of such service interruption.
(c) Permanent Release. If, after the Plant Operational Date, Processor is unable to receive Customer Gas hereunder for processing in the Plant for more than one-hundred fifty (150) Days in any twelve (12) consecutive Month period with respect to Customer Gas that meets the Specifications up to the MDQ for any reason other than (i) circumstances caused by the gross negligence or willful misconduct of Customer, (ii) circumstances caused by the inability of Customer to deliver to Processor a minimum of * MMBtu of Gas per Day, or (iii) the inability or failure of (A) upstream transporters to deliver Customer Gas at the Point of Delivery, or (B) downstream transporters to receive Customer Residue Gas or Customer Plant Products at the Point of Redelivery or the NGL Delivery Point, Customer will provide written notice to Processor along with Customers determination of the volume of such Customer Gas for which Processor is unable to provide processing services (Permanent Affected Volume), which volume will equal the Daily average of such Customer Gas for which Processor was unable to provide processing services during such twelve (12) Month period. If the Parties have not reached agreement on a solution to such service interruption prior to the end of fourteen (14) Days after Customer notifies Processor, then no later than five (5) Business Days after the end of such fourteen (14) Day period, the senior management of the Parties will meet in person (a Senior Management Meeting) and negotiate in good faith in an attempt to reach agreement on an acceptable solution to such service interruption. If the Parties are unable to reach agreement on an acceptable solution to such service interruption during the Senior Management Meeting, then Processor shall, at Customers option, permanently release all or part of the Permanent Affected Volume from the Dedication by delivering written notice thereof to Processor. The Parties
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acknowledge and agree that the one-hundred fifty (150) Days referenced in this Section 3.8(c) shall not include periods of time during which Processor is unable to provide processing services due to (i) any act or omission of any Governmental Authority, (ii) any inability, despite the exercise of commercially reasonable efforts, to acquire replacement equipment used in Plant operations, or (iii) during the pendency of any application for any license, permit or other approval required by any Governmental Authority, in each case, that prevents Processor from providing processing services hereunder, other than due to such occurrences caused by the negligence of Processor, provided that the provisions of Section 3.8(b) would continue to apply during such period.
3.9 Operation of the Plant. Processor shall at all times be entitled to full and complete operational control of the Plant. Processor shall at all times be entitled to manage, operate and reconfigure the Plant and its other facilities in its discretion, and shall have the right to commingle Customer Gas received by Processor with other Gas.
3.10 Delivery of Customer Plant Products. If Processor is not responsible for the marketing of Customer Plant Products, Customer, or Customers designee, shall accept delivery of such Plant Products at the NGL Delivery Point. Customer acknowledges that (i) Customer Plant Products will likely be commingled with Plant Products belonging to other parties using Processors facilities, and (ii) to the extent Processor is not responsible for marketing Customer Plant Products, Customer will be responsible for making arrangements regarding the further shipment and/or sale of Customer Plant Products. Notwithstanding anything herein contained to the contrary, if Processor is not responsible for the marketing of Customer Plant Products, and if Customer or Customers designee fails to accept delivery of such Customer Plant Products at the NGL Delivery Point at any time, Processor shall have the option, but not the obligation, without the need to obtain further authorization from Customer, to (i) sell any such unaccepted volumes of Customer Plant Products either (A) pursuant to the terms of a separate marketing agreement between Customer and Processor in which such parties will negotiate in good faith, or (B) if no such separate marketing agreement is entered into between Customer and Processor, Processor shall pay to Customer the net proceeds of such sale (deducting all of Processors costs and expenses related thereto) less a marketing fee of $0.05 per Gallon, and/or (ii) refuse acceptance of or curtail Customer Gas hereunder.
NOMINATIONS AND BALANCING
4.1 Nomination Procedures. Customer shall nominate gas for processing at the Plant in accordance with Processors currently effective nomination procedures. Processors nomination procedures will generally comply with the North American Energy Standards Boards nomination policies and timeline, Processor reserves the right to modify its nomination procedures at any time provided that any modification will not take effect until Processor provides Customer with at least thirty (30) Days written notice of such modification.
4.2 Balancing. The Parties shall reasonably cooperate with each other in an effort to keep imbalances at the Plant and with interconnecting residue pipelines to a minimum and trending to zero.
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4.3 Allocation of Received Gas. Processor shall allocate the total quantity of Gas received hereunder on each Day pro rata based upon the actual flows of Customer Gas and Gas from all other customers to the Point of Delivery on such Day.
4.4 Plant Product Allocation Procedure. Each measurement period, Processor shall allocate one hundred percent (100%) of the Plant Products recovered at the Plant based on the hydrocarbon content and fractional analysis of Customer Gas delivered to the Plant, relative to the hydrocarbon content and fractional analysis of all other Gas delivered to the Plant during such measurement period, in each case, as such hydrocarbon content and fractional analysis is determined at the Point of Delivery.
QUALITY
5.1 Gas Quality Specifications. Customer Gas delivered hereunder shall meet each of the quality specifications set forth in Exhibit C attached hereto (collectively, the Specifications) at the Point of Delivery. Customer Residue Gas delivered hereunder shall meet the quality specifications of the applicable downstream pipelines connecting to the Point of Redelivery.
(a) If Customer becomes aware that any Customer Gas fails to conform to the Specifications (such Gas, Non-Conforming Gas), Customer, as soon as reasonably possible after becoming aware of such condition, shall give written notice to Processor of the Non-Conforming Gas and the manner in which such Non-Conforming Gas does not conform to the Specifications.
(b) If Processor becomes aware that Non-Conforming Gas is being delivered by Customer hereunder before receiving such written notice from Customer, Processor shall, as soon as reasonably possible after becoming aware thereof, deliver to Customer written notice of such Non-Conforming Gas, which notice may also serve as Processors notice of acceptance or rejection of such Non-Conforming Gas pursuant to Section 5.2(c) below.
(c) If any Non-Conforming Gas is tendered for processing by Customer at the Point of Delivery at any time, Processor may in its sole discretion choose to accept or to reject such Non-Conforming Gas.
(i) If Processor chooses to accept Non-Conforming Gas, Processor shall provide written notice to Customer of its acceptance of such Non-Conforming Gas, and the manner in which such Non-Conforming Gas does not conform to the Specifications. Such acceptance will not constitute a waiver of this provision with respect to any future receipt of Non-Conforming Gas. Processors option to refuse to accept receipt of Non-Conforming Gas is in addition to other remedies available to Processor under this Agreement. If Processor accepts such Non-Conforming Gas, Customer shall reimburse Processor for the out-of-pocket costs incurred by Processor to accept such Non-Conforming Gas. If Processor determines, in its sole discretion, at any time that the continued acceptance of such Non-Conforming Gas is not operationally feasible, Processor may notify Customer that it intends to discontinue accepting such Non-Conforming Gas.
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(ii) If Processor chooses to reject Non-Conforming Gas, Processor may in its sole discretion shut in such Gas at any time. Processor shall follow up the rejection of Non-Conforming Gas with a written notice of such rejection to Customer, which notice shall specify the manner in which such Non-Conforming Gas does not conform to the Specifications.
(d) If any Non-Conforming Gas is delivered into the Plant, Customer will indemnify, defend, release and hold Processor harmless from and against all Claims arising from or out of the quality deficiency of such Non-Conforming Gas, except that Customer shall have no liability to Processor for any Claims arising from or out of any such Non-Conforming Gas accepted by Processor pursuant to Section 5.2(c)(i) above, but only with respect to, and to the extent of, the exceptions to the Specifications set forth in the applicable written notice of acceptance.
5.3 Hazardous Substances. Gas tendered by Customer for processing hereunder shall not contain any substance that is determined to be a contaminant or a hazardous waste or substance under the Resource Conservation and Recovery Act, 42 U.S.C. Section 1857, et seq., as amended from time to time, the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. Section 9601, et seq., as amended from time to time, and the regulations issued thereunder, including 40 C.F.R. Parts 302 and 355, together with any other applicable environmental, health, or safety statutes (other than hydrocarbons and/or the natural constituent elements thereof) (collectively, Hazardous Substances).
5.4 Environmental, Health and Safety Laws. Customer warrants that, with respect to the Gas tendered at the Point of Delivery, it has complied or caused others to comply with all environmental, health, and/or safety statutes and regulations.
MEASUREMENT AND TESTING
6.1 Measurement Equipment. Processor shall install, maintain and operate, or cause to be installed, maintained and operated, suitable meters and/or other necessary equipment of ample size and proper type for accurate measurement of the following:
(a) the volume of each type of Plant Product extracted from Gas delivered to the Plant for processing;
(b) the volume, Gross Heating Value and components of Gas used as Plant Fuel in processing Gas in the Plant;
(c) the volume, Gross Heating Value and components of Gas delivered to the Plant inlet for processing, including the mass, flowing density, and sampling necessary to the determination of liquid yield, by component; and
(d) the volume, Gross Heating Value and components of Residue Gas.
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6.2 Measurement Standards. Measurement facilities installed, owned, operated and maintained by Processor or its designees hereunder and processing of the data obtained therefrom shall be done so in accordance with generally accepted measurement standards as prescribed in, but not limited to, the latest versions of:
(a) ANSI/API 2530, AGA Report No. 3, API 14.3, GPA 8185 Orifice Metering of Natural Gas and Other Related Hydrocarbon Fluids;
(b) GPA 8182, API 14.7 Mass Measurement of Natural Gas Liquids;
(c) GPA 8173, API 14.4 Converting Mass of Natural Gas Liquids and Vapors to Equivalent Liquid Volumes;
(d) GPA 2172, API 14.5, Calculation of Gross Heating Value, Specific Gravity, and Compressibility of Natural Gas Mixtures from Compositional Analysis;
(e) API 14.6 Installing and Proving Density Meters;
(f) API 21 Flow Measurement Using Electronic Metering Systems;
(g) API 14.8 Liquefied Petroleum Gas Measurement;
(h) API 5.6 Measurement of Liquid Hydrocarbons by Coriolis Meters;
(i) AGA Report No.8, API 14.2 Compressibility Factors of Natural Gas and Other Related Hydrocarbon Gases per Detailed Methodology;
(j) GPA 2165 Standard for Analysis of Natural Gas Liquid Mixtures by Gas Chromatography; and
(k) GPA 2166 GPA Methods of Obtaining Natural Gas Samples for Analysis by Gas Chromatography.
Where electronic gas measurement (EGM) and flow computers are used, the Parties will use and accept the electronic derivations, measurements and calculations in lieu of mechanical recordings, chart integration and subsequent calculations. The official EGM data from the measuring equipment will remain the property of Processor, or its designee, but upon request by Customer, Processor, or its designee, will submit its records and EGM data, together with calculations to Customer for inspection and verification, subject to their return to Processor, or its designee, within thirty-five (35) Days after their receipt.
6.3 Measurement Factors. As related to Gas measurement hereunder:
(a) The unit of volume shall be one (1) cubic foot of Gas at a base temperature of sixty degrees Fahrenheit (60°F) and at a base pressure of fourteen and sixty-five hundredths (14.65) pounds per square inch absolute. The atmospheric pressure shall be assumed to be a constant, determined by elevation and specific site location, regardless of the variations of such atmospheric pressure from time to time.
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(b) Temperature shall be determined by use of a recording thermometer so installed that it may continuously record the temperature of Gas passing the meters.
(c) The specific gravity shall be determined by calculation from fractional analyses of proportional samples taken at Processors measurement facilities.
(d) Corrections for deviation from Ideal Gas Laws shall be made for all Gas metered hereunder as prescribed in the applicable standards.
(e) The Daily arithmetical flow weighted average recorded for temperature, the factor for specific gravity, and the corresponding correction for deviation from Ideal Gas Laws applicable during each Day shall be used to make computations of volumes hereunder.
6.4 Measurement Accuracy Verification.
(a) Custody Transfer Meters. The accuracy of the measurement facilities specified herein and used for custody transfer of Customer Gas shall be verified at least once each year. Customer shall be given reasonable notice and shall have the right to be present at the time of any installing, reading, cleaning, changing, repairing, inspecting, testing, calibrating, or adjusting done in connection with Processors measuring equipment hereunder. If after notice, Customer fails to have a representative present, the results of the tests shall, nevertheless, be considered accurate until the next tests are made and upon request by Customer, Processor shall furnish Customer a written copy of such test results. The costs of all tests of such measuring equipment shall be borne by Processor except that the costs for additional tests requested by Customer shall be borne by Customer.
(b) Non Custody Transfer Meters. The accuracy of the measurement facilities specified herein and used for applications other than custody transfer shall be verified at least once each year.
6.5 Measurement Error. If at any time any of the measuring or testing equipment is found to be out of service or registering inaccurately in any percentage, it shall be adjusted to read accurately, within the limits prescribed by the manufacturer. If at any time any of the measuring or testing equipment used for custody transfer is out of service or inaccurate by an amount exceeding five percent (5%) at a reading corresponding to the average rate of flow for the period since the last preceding test, the previous readings of such equipment shall be disregarded for any period definitely known or agreed upon, or for a period of one-half of the time elapsed since the last test of the measuring equipment affected, not to exceed fifteen (15) Days. The volume measured during such period shall be estimated by (a) using the data recorded by any check measuring equipment if installed and registering accurately, or if not installed or not registering accurately, (b) by correcting the error if the percentage of error is ascertainable by calibration, test, or mathematical calculation, or if neither (a) or (b) is feasible, (c) by estimating the quantity or quality measured, based upon deliveries under similar conditions during a period when the equipment was registering accurately. No correction shall be made for recorded inaccuracies of five percent (5%) or less.
6.6 Customers Right of Inspection. At all times during business hours, Customer shall have the right to inspect measurement equipment used for custody transfer purposes that is installed or furnished by Processor, or its designee, and the charts and other measurement or testing data
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retained by Processor. The reading, calibration and adjustment of all metering equipment and changing of charts hereunder shall be done only by Processor or Processors designee. Processor shall preserve all original test data, charts, and other similar records for a period of at least one (1) year or longer if required by law or regulation.
6.7 Gross Heating Value Determination. The Gross Heating Value of Customer Gas shall be determined each Month by taking flow proportional stream samples at the Point of Delivery, or any other mutually agreed point, using a continuous proportional to flow sampling device. The samples will be collected for testing prior to the end of each Month. Processor shall compute, or cause to be computed, the Gross Heating Value from fractional analysis of the sample. The result shall be controlling and effective in the Month succeeding the Month in which the sample is obtained. The Gross Heating Value of Customer Gas to be used for the first Month of production after initial flow has begun will be determined from spot samples which will be collected at each Point of Measurement approximately one (1) week after initial flow begins. The Gross Heating Value so determined shall be corrected from the condition of testing to a dry basis.
6.8 Hydrocarbon Content. Processor shall determine, or cause to be determined, the hydrocarbon content of Customer Gas, Gas from other sources delivered to the Plant for processing, Residue Gas, and Plant Fuel by a test conducted each Month. Such samples shall be taken at a flow rate, pressure and temperature which will yield equitable and representative test results.
6.9 Fractional Analysis. Fractional analysis of test samples shall be performed by Processor at the laboratory of Processors choosing, through the use of gas chromatography equipment or such other method as may be commonly used in the industry. From such fractional analysis, Processor shall determine the composition in mole percent of each of the following chemical compounds: (a) carbon dioxide, (b) nitrogen, (c) methane, (d) ethane, (e) propane, (f) iso-butane, (g) normal butane, (h) iso-pentane, (i) normal pentane and (j) hexanes and heavier hydrocarbons. Processor shall compute or cause to be computed, the Gross Heating Value, specific gravity, Plant Products content and correction factors for deviation from Ideal Gas Laws from this fractional analysis of samples. The results from these analyses shall be controlling and effective in the Month succeeding the Month in which the sample is obtained and shall apply to all subsequent deliveries until such time as new samples are obtained and analyzed. Processor shall furnish to Customer each such fractional analysis and Gross Heating Value which will accompany the statement described in Section 12.1 herein.
6.10 Modifications to Measurement Procedures. Processor reserves the right, in consultation with Customer, to modify the measurement procedures from time to time in order to conform with the measurement standards set forth in Section 6.2 herein for the Plant and/or to remove any inequities which may be found to exist, and it is agreed that any such modification will be applicable to this Agreement; provided, however:
(a) Processor shall give Customer at least thirty (30) Days written notice prior to any change or modification to such measurement procedures; and
(b) Such modification shall be in accordance with Gas Processors Association and API measurement standards and practices; and
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(c) Any change or modification to such measurement procedures shall be consistently applied to all customers who deliver Gas to the Plant for processing.
6.11 Measurement Disputes. Any dispute, controversy, or claim arising out of or in connection with this Article VI (a Measurement Dispute) which the Parties are unable to resolve shall be referred to and determined by an expert agreed upon by both Parties in good faith (the Measurement Expert), as the sole and exclusive remedy of the Parties as to the Measurement Dispute. The decision of the Measurement Expert shall be final and binding upon the Parties.
PLANT PRODUCTS AND CUSTOMER RESIDUE GAS
7.1 Conveyance of Rights to Processor. Customer does hereby grant, bargain, sell, transfer, convey and assign to Processor, its successors and assigns, (i) the right to consume Customer Gas as Plant Fuel, Shrinkage and Lost and Unaccounted for Gas, (ii) the right to sell Customer Plant Products for the account of Customer pursuant to Section 3.11 hereof, and (iii) the right to sell Customer Gas, Customer Residue Gas, and/or Customer Plant Products pursuant to Section 12.6 hereof.
7.2 Title to Customer Gas and Plant Products. Subject to other terms and conditions hereof, title to Customer Gas and all constituents thereof, including, without limitation, Customer Plant Products, shall remain in Customers name at all times.
PLANT FUEL, LOST AND UNACCOUNTED FOR AND SHRINKAGE
8.1 Calculation of Plant Fuel and Lost and Unaccounted for Gas. The Thermal Content of Customer Gas that is consumed as Plant Fuel and Lost and Unaccounted for Gas in the processing of Customer Gas during a given Month shall be determined by multiplying (i) the total quantity of Btus consumed as Plant Fuel and Lost and Unaccounted for Gas in Plant operations during such Month by (ii) a fraction, the numerator of which is the total Gallons of Customer Plant Products recovered and saved during such Month, and the denominator of which is the total Gallons of Plant Products recovered and saved in the Plant from all Gas processed at the Plant during such Month.
8.2 Calculation of Shrinkage. Customers share of Shrinkage shall be calculated by Processor each Month by multiplying (i) the number of Gallons of each produced component of the mixed stream of Plant Products as determined and allocated to Customer Gas pursuant to the terms of this Agreement, by (ii) the Btu equivalent of each such component as set forth in the GPA Technical Standards Publication No. 2145-03, as revised from time to time, and as adjusted to sixty degrees Fahrenheit (60°F) and 14.65 psia pressure base, with the aggregate Btus of all such components constituting Customers share of Shrinkage hereunder.
8.3 Plant Fuel, Shrinkage and Lost and Unaccounted for Gas. Customer shall bear one hundred percent (100%) of the Plant Fuel, Shrinkage and Lost and Unaccounted for Gas attributable to processing Customer Gas, which will be deducted in determining Customer Residue Gas. For the avoidance of doubt, Customer shall not bear any costs related to third-party gas, if any.
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COMPENSATION AND FEES
9.1 Processing Fee. Processor shall invoice Customer at the end of each Month, and Customer shall pay Processor, a fee equal to the product of (i) (a) * per MMBtu for all Customer Gas up to the MDQ, and (b) * per MMBtu for all Interruptible Gas, as adjusted pursuant to Section 9.3 below (the Processing Fee), multiplied by (ii) the actual quantity of Gas and vaporized condensate (in MMBtu) delivered to and processed in the Plant as measured and allocated to Customer at the Point of Delivery hereunder during such Month.
9.2 Stabilization Facilities. The Parties acknowledge and agree that any condensate or drip liquids recovered from the Gathering System at or near the Point of Delivery may be vaporized and processed at the Plant. If Customer desires Processor to install stabilization facilities to stabilize and treat any condensate or drip liquids recovered from the Gathering System at or near the Point of Delivery, Customer shall notify Processor in writing of such desire. Customer and Processor shall negotiate in good faith to enter into a separate agreement for providing such stabilization services upon mutually agreeable terms.
9.3 Fee Adjustment. One half of the Processing Fee shall be adjusted on each anniversary of the Plant Operational Date by a factor, the numerator of which is the PPI for the latest available month that is no longer subject to revision prior to the date on which such adjustment is being made, and the denominator of which is the PPI (using the same base date) for the corresponding month in the preceding calendar year; provided, however, if such calculation would result in a factor of less than 1.00, then such factor shall be deemed to equal 1.00.
9.4 Minimum Quantity Commitment. Subject to the terms hereof, beginning on the Plant Operational Date, Customer agrees to make available at the Points of Measurement for delivery to the Plant on the Gathering System, (i) for each six (6) Month period of time as set forth in the table below (each, a Semiannual Period), at least the quantity of Customer Gas (in MMBtu/day) set forth in the table below for such Semiannual Period (the Semiannual Gas Commitment) and (ii) on or before the end of the fifteenth (15th) Annual Period following the Plant Operational Date (such fifteen (15) Annual Periods, the MQ Period), at least an aggregate quantity of * MMBtu of Customer Gas (the Total Gas Commitment). The first Semiannual Period in the table below will commence on the Plant Operational Date.
Semiannual Period |
Semiannual Gas Commitment (in MMBtu/day) |
Cumulative Gas Commitment (in MMBtu) | ||
First Six Months of Annual Period 1 |
* | * | ||
Second Six Months of Annual Period 1 |
* | * | ||
First Six Months of Annual Period 2 |
* | * | ||
Second Six Months of Annual Period 2 |
* | * | ||
First Six Months of Annual Period 3 |
* | * | ||
Second Six Months of Annual Period 3 |
* | * | ||
First Six Months of Annual Period 4 |
* | * |
* |
- | Confidential Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. |
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Semiannual Period |
Semiannual Gas Commitment (in MMBtu/day) |
Cumulative Gas Commitment (in MMBtu) | ||
Second Six Months of Annual Period 4 |
* | * | ||
First Six Months of Annual Period 5 |
* | * | ||
Second Six Months of Annual Period 5 |
* | * | ||
First Six Months of Annual Period 6 |
* | * | ||
Second Six Months of Annual Period 6 |
* | * | ||
First Six Months of Annual Period 7 |
* | * | ||
Second Six Months of Annual Period 7 |
* | * | ||
First Six Months of Annual Period 8 |
* | * | ||
Second Six Months of Annual Period 8 |
* | * | ||
First Six Months of Annual Period 9 |
* | * | ||
Second Six Months of Annual Period 9 |
* | * | ||
First Six Months of Annual Period 10 |
* | * | ||
Second Six Months of Annual Period 10 |
* | * | ||
First Six Months of Annual Period 11 |
* | * | ||
Second Six Months of Annual Period 11 |
* | * | ||
First Six Months of Annual Period 12 |
* | * | ||
Second Six Months of Annual Period 12 |
* | * | ||
First Six Months of Annual Period 13 |
* | * | ||
Second Six Months of Annual Period 13 |
* | * | ||
First Six Months of Annual Period 14 |
* | * | ||
Second Six Months of Annual Period 14 |
* | * | ||
First Six Months of Annual Period 15 |
* | * | ||
Second Six Months of Annual Period 15 |
* | * |
9.5 Deficiency Payments. If a Semiannual Deficiency Quantity (as defined below) exists as of the end of any Semiannual Period, then Customer shall pay to Processor an amount equal to the product of * (such product being the Deficiency Payment). Semiannual Deficiency Quantity means *. Any such Deficiency Payments made by Customer shall be treated by Processor as prepayment of the Processing Fee for Customer Gas that may be delivered by Customer after the date on which Customer has delivered the Total Gas Commitment and shall be credited by Processor to the payment of the Processing Fee that otherwise would be payable hereunder for such quantities of Customer Gas delivered during the Primary Term until such prepaid fees have been exhausted. Deficiency Payments due by Customer hereunder shall be paid by Processor as provided in Article XII.
(a) Greenhouse Gas Surcharge. If, as a result of any new or amended law, rule or regulation, Processor incurs additional costs related to any Greenhouse Gas attributable to Customer Gas hereunder or any additional costs related to any Greenhouse Gas are imposed
* |
- | Confidential Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. |
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with respect to Processors operations hereunder (any such additional cost, a Greenhouse Gas Surcharge), then Processor shall be responsible for and shall pay up to twenty percent (20%) of such Greenhouse Gas Surcharge and Customer shall reimburse Processor for the remaining eighty percent (80%) of such Greenhouse Gas Surcharge. Notwithstanding the foregoing, Customer shall retain ownership of and sole responsibility for any carbon emissions and/or other Greenhouse Gases contained within or removed from the Gas received by Processor at the Point of Delivery. If Customer is required to make any payment hereunder with respect to a Greenhouse Gas Surcharge imposed on the Plant generally, and not specifically with respect to Customer Gas, Customer shall only be responsible for its ratable share of such Greenhouse Gas Surcharge based on the average volume of Customer Gas delivered to the Plant and the average volume of all other Gas delivered to the Plant.
(b) If, exclusive of any Greenhouse Gas Surcharge, any material fee or charge is assessed upon Processor by a Governmental Authority after the Effective Date in connection with the performance of services for Customer Gas on behalf of Customer hereunder, excluding normal fees or charges that are incurred by Processor irrespective of whether Processor provides the services on behalf of Customer and excluding Taxes addressed in Article XVI, then Processor may increase the then-effective Processing Fee by up to ten percent (10%) to account for such fees or charges (to the extent such fees or charges are attributable to Customer Gas); provided, however, the cumulative effect of all such increases pursuant to this Section 9.6(b) (but exclusive of any Greenhouse Gas Surcharges or any adjustment pursuant to Section 9.3) during the Primary Term may not exceed thirty percent (30%) of the initial Processing Fee (as the same may be adjusted pursuant to Section 9.3 from time to time). If, in Processors reasonable judgment, an increase in the Processing Fee of more than ten percent (10%) would be required to place Processor in substantially the same economic position as it was in prior to the imposition or assessment of such fees or charges, Processor may call for a Senior Management Meeting to take place within thirty (30) Days of written notice to Customer, and the Parties shall negotiate in good faith to amend the provisions of this Agreement such that the Parties are in substantially the same relative economic position as they were in prior to the imposition or assessment of such fees or charges. If the Parties are unable to agree on an economic adjustment within sixty (60) Days of the Senior Management Meeting, then Processor may, in its sole discretion, terminate this Agreement without penalty by delivering Customer written notice of Processors intent to terminate. Such termination shall be effective, at the option of Customer, (i) as of 9:00 a.m. on the first Day of the Month which follows the Month that Processor delivered its notice of intent to terminate, or (ii) as of 9:00 a.m. on the first Day of the Month which is twelve (12) Months after such date, provided that the Processing Fee for such twelve (12) Month period before such termination shall be increased to place Processor in substantially the same economic position as it was in prior to the imposition or assessment of such fees, charges, or costs. Customer shall exercise such option by delivery of written notice to Processor of Customers election within ten (10) Business Days of receipt of Processors notice to terminate, provided that if Customer has not responded to Processor by the time described in clause (i) above, the Agreement shall continue pursuant to clause (ii) above.
(c) Customer shall be entitled to audit Processors applicable books and records for the limited purpose of determining if the amount of any increase pursuant to this Section
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9.6 is justified by the actually-incurred and reasonable amount of the aggregate costs and/or expenses relating to the Plant. If such audit shall reflect that such increase was not justifiable in accordance with the foregoing, Processor shall promptly credit the amount of such discrepancy to Customer, unless Processor disagrees with the results of such audit, in which case the matter shall be resolved pursuant to the dispute resolution provisions set forth in Section 15.3 hereof.
9.7 Electric Compression Reimbursement. If Processor installs electric-driven compression in lieu of or in addition to Gas-driven compression at the Plant, then, each Month, Customer shall pay Processor an amount determined by multiplying (i) 90% of the total cost of electricity at the Plant during such Month used for compression by (ii) a fraction, the numerator of which is the total Gallons of Customer Plant Products recovered and saved during such Month, and the denominator of which is the total Gallons of Plant Products recovered and saved in the Plant from all Gas processed at the Plant during such Month. If Customer or Processor at any time believes that the determination in the preceding sentence does not reflect the costs of electric-driven compression at the Plant that should be allocated to Customer hereunder, either Party may provide notice to such other Party. Upon the delivery of such notice, the Parties agree to discuss and negotiate in good faith whether any changes in such allocation are appropriate under the circumstances.
ROYALTIES; WARRANTY OF TITLE
10.1 Royalties. As between Processor and Customer, Customer shall at all times have the obligation to account for and pay or cause to be paid all royalties, overriding royalties, and other sums due on production and to make settlement with all other Persons having an interest in Customer Gas delivered hereunder. Customer shall indemnify, defend and hold Processor harmless against all loss, damage, and expense, including reasonable attorneys fees, of every character on account of adverse claims to all such Gas delivered to Processor hereunder, and royalties, taxes, payment, or other charges due thereon or attributable thereto.
10.2 Title; Warranties Regarding Title. Customer warrants that it will have, at the time of receipt of Gas at the Point of Delivery for processing hereunder, control of and good title to and/or the full right and authority to deliver such Gas to Processor for processing hereunder. Customer warrants that the Gas delivered to Processor hereunder shall be free and clear of all liens, encumbrances, and claims whatsoever (other than liens, encumbrances and claims granted by Company to secure any credit facility or indebtedness), and that it will have at such time of receipt good right and title to the Gas or the right to process such Gas hereunder. If any claim is made challenging Customers right to deliver such Gas to Processor, Processor has the right to suspend receipt or deliveries of such Gas hereunder until such issue is finally resolved to the reasonable satisfaction of Processor. Processor shall not take any action that would result in the creation of any liens, encumbrances or claims created by, through or under Processor on Customer Gas or the Residue Gas and Plant Products attributable thereto.
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TERM
11.1 Term. This Agreement shall commence on the Effective Date and, unless otherwise terminated as provided herein, shall continue in full force and effect until fifteen (15) years after the Plant Operational Date (the Primary Term). The term of this Agreement shall continue for additional terms of one year each (each an Additional Term) unless this Agreement is terminated by either Party as of the end of the Primary Term or an Additional Term, as applicable, by providing not less than one-hundred eighty (180) Days prior written notice of termination to the other Party.
11.2 Termination for Cause. This Agreement may be terminated upon (i) a breach termination date, or (ii) exercise by a Party of its rights under any provision of this Agreement expressly providing such Party termination rights. For purposes of this Section 11.2, breach termination date means the date on which either Processor or Customer, upon written notice to the other Party, terminates this Agreement upon (x) a material breach by such other Party of this Agreement and (y) the failure by the breaching party to cure such breach (A) within sixty (60) Days after receipt of written notice thereof from the terminating party, or (B) if such breach is not curable within such sixty (60) Day period, failure by the breaching party to diligently pursue its cure within thirty (30) Days after receipt of written notice thereof from the terminating party (provided, however, that notwithstanding the foregoing, the non-defaulting Party may terminate this Agreement if such breach is not cured within seventy-five (75) Days of written notice of breach); further provided, however, that (i) in order to exercise such termination right, the terminating party shall not be in material breach of this Agreement; and (ii) the cure period for undisputed payments shall be ten (10) Days.
STATEMENTS AND PAYMENTS
12.1 Invoices and Statements. On or before the fifteenth (15th) Day of each Month, Processor shall provide to Customer an invoice and statement for the previous Month setting forth the calculation of the net amount due hereunder to Processor, and with respect to Customer Plant Products that are marketed by Processor, the net amount due to Customer.
12.2 Payment of Statements. Within fifteen (15) Days following receipt of each of Processors invoices and statements, Customer or Processor, as applicable, shall make payment to the other Party of all undisputed amounts by wire transfer, in accordance with the account information provided herein, unless another form of payment is agreed to in writing by the Parties. Should a Party fail to make payment in full of all undisputed amounts within such time period, interest shall accrue on the unpaid balance at the Default Interest Rate, but not to exceed any lesser maximum legal rate. If Customer fails to pay Processor amounts due hereunder and such failure is not cured within ten (10) Business Days written notice from Processor to Customer, Processor may suspend receipt and delivery of Customer Gas without prejudice to any other available remedies at law or in equity.
12.3 Billing Disputes. If a good faith dispute arises as to any amount payable hereunder, the Party responsible for payment shall nevertheless pay when due the amount not in dispute. Such payment shall not be deemed to be a waiver of the right to recoup any overpayment. If either Party withholds payment of any disputed amount as authorized herein, such Party shall, within ten (10)
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Days after the due date of the statement for the Month to which the disputed amount pertains, submit to the other Party a written explanation of the dispute and any available supporting documentation. The Parties shall then cooperate in good faith to resolve such dispute as expeditiously as possible. If either Party fails to forward the entire undisputed amount due to the other Party when same is due, interest on the unpaid portion shall accrue at the Default Interest Rate, from time to time, or the maximum legal rate, whichever is the lesser, from the date such payment is due until the same is paid.
12.4 Audit Rights. Each Party or its designated representatives shall, upon reasonable notice to the other Party, have the right, no more frequently than one (1) time per twelve (12) consecutive Months, at its own expense, at reasonable times and during normal business hours, to examine the books and records of such other Party to the extent necessary to verify the accuracy of any statement, charge, computation, or demand made under or pursuant to this Agreement. Each Party agrees to keep records and books of the account in accordance with generally accepted accounting principles and practices in the industry. Each invoice and statement shall be final as to both Parties unless questioned in writing within twenty four (24) Months following such invoice and statement.
12.5 Creditworthiness. If Processor has reasonable grounds for doubting the ability of Customer to perform its obligations hereunder, Processor shall have the right to request and receive from Customer adequate assurance of performance (Performance Assurance) which shall mean sufficient security in a form, an amount and for the term reasonably specified by Processor. Customer at its option may then provide one of the following forms of security:
(a) Post an irrevocable standby letter of credit in a form and from a bank satisfactory to Processor; or
(b) Provide a prepayment or a deposit.
If the credit of Customer s guarantor is deemed to be satisfactory in Processor s opinion, the demand for Performance Assurance can be satisfied with a guarantee issued on behalf of Customer in a form, amount and tenor acceptable to Processor, but only for as long as the credit of Customer s guarantor continues to be acceptable to Processor.
Should Customer or its guarantor fail to provide Performance Assurance within ten (10) Business Days after receipt of written demand for such assurance, then Processor shall have the right to suspend performance under this Agreement until such time as Customer furnishes Performance Assurance.
LIABILITY OF THE PARTIES
13.1 Control and Possession of Gas and Plant Products. As between Customer and Processor, Customer shall be deemed in control and possession of the Gas delivered for processing
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hereunder and responsible for any Claims or Losses caused thereby until such Gas shall have been delivered at the Point of Delivery. As between Customer and Processor, Processor shall be deemed in control and possession of the Gas delivered for processing hereunder and Plant Products recovered from such Gas and, except as provided in Section 5.2(d), Section 9.6, Article X, Section 13.3, Section 16.2 and Section 19.10, shall be responsible for any Claims or Losses caused thereby until Residue Gas shall have been delivered to Customer or its designee at the Point of Redelivery, and Customer Plant Products have been delivered to Customer or its designee at the NGL Delivery Point. Except as otherwise provided in Section 5.2(d), Section 9.6, Article X, Section 13.3, Section 16.2 and Section 19.10, the Party who has control and possession of the Gas or Plant Products shall be responsible for and shall indemnify the other Party for any Claims or Losses caused thereby and occurring while the Gas or Plant Products is in the indemnifying Partys control and possession.
13.2 Waiver of Certain Damages. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY, ANY SUCCESSORS IN INTEREST OR ANY BENEFICIARY OR ASSIGNEE OF THIS AGREEMENT FOR ANY EXEMPLARY OR PUNITIVE DAMAGES OR ANY SPECIAL, INDIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY CHARACTER, INCLUDING LOSS OF USE, LOST PROFITS OR REVENUES, COST OF CAPITAL, CANCELLATION OF PERMITS, UNABSORBED TRANSPORTATION OR STORAGE CHARGES, TERMINATION OF CONTRACTS, OR TORT OR CONTRACT CLAIMS ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY BREACH HEREOF, IRRESPECTIVE OF WHETHER CLAIMS FOR SUCH DAMAGES ARE BASED UPON CONTRACT, WARRANTY, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE. THIS SECTION 13.2 SHALL APPLY NOTWITHSTANDING THE SOLE, JOINT OR CONCURRENT NEGLIGENCE, FAULT OR RESPONSIBILITY OF THE PARTY WHOSE LIABILITY IS LIMITED BY THIS PROVISION, OR ANY OTHER EVENT OR CONDITION, WHETHER ANTICIPATED OR UNANTICIPATED, AND REGARDLESS OF WHETHER PRE-EXISTING PRIOR TO THE DATE OF THIS AGREEMENT.
13.3 Inert Constituents. Customer shall retain title to all Inert Constituents in Gas (collectively, whether any such Inert Constituents are removed from the Gas or not, Customers Inert Constituents), delivered by Customer under this Agreement. To the extent that Processor removes Customers Inert Constituents from such Gas and Customer has not made arrangements to utilize, market or dispose of Customers Inert Constituents, Processor may, but is not required to, dispose of Customers Inert Constituents by venting or other methods. If (i) venting Customers Inert Constituents is ever prohibited or disallowed for any reason or is deemed by Processor to be uneconomic, or (ii) additional costs are required to vent, dispose of or handle Customers Inert Constituents due to rules, regulations or other laws, then Customer shall promptly (A) make alternate arrangements to utilize, market and/or dispose of Customers Inert Constituents at Customers sole cost and expense, (B) notify Processor in writing and in reasonable detail of such alternate arrangements, and (C) reimburse Processor for any costs incurred by Processor in delivering Customers Inert Constituents for such utilization, marketing and/or disposal. If Customer fails to comply with Customers obligations under the immediately preceding sentence, Processor shall have the right, but not the obligation, without notice to Customer, to make arrangements for utilization, marketing and/or disposal of Customers Inert Constituents for
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Customers account and at Customers sole cost and expense; and Customer shall promptly reimburse Processor upon demand for any costs and expenses incurred by Processor in connection with such arrangements by Processor. CUSTOMER HEREBY RELEASES, INDEMNIFIES, DEFENDS AND HOLDS HARMLESS PROCESSOR AND PROCESSORS MEMBERS, DIRECTORS, OFFICERS, AGENTS AND EMPLOYEES FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, DAMAGES, LIABILITIES, EXPENSES, ACTIONS, CAUSES OF ACTION, LIABILITIES, LOSSES, TAXES, PENALTIES AND FEES ARISING OUT OF OR IN ANY WAY RELATING TO (I) CUSTOMERS INERT CONSTITUENTS, INCLUDING, WITHOUT LIMITATION, THE UTILIZATION, MARKETING OR DISPOSAL THEREOF, AND/OR (II) ANY PERSONAL INJURY, DEATH, PROPERTY DAMAGE, ENVIRONMENTAL DAMAGE, POLLUTION, OR CONTAMINATION ARISING OUT OF OR RELATING TO CUSTOMERS INERT CONSTITUENTS, EXCEPT TO THE EXTENT THAT ANY SUCH CLAIMS, DEMANDS, DAMAGES, LIABILITIES, EXPENSES, ACTIONS, CAUSES OF ACTION, LIABILITIES, LOSSES, TAXES, PENALTIES OR FEES ARE ATTRIBUTABLE TO THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY SUCH INDEMNITEE.
13.4 Indemnification. (a) SUBJECT TO THE TERMS OF THIS AGREEMENT, INCLUDING, WITHOUT LIMITATION, SECTIONS 13.2 AND 13.3, PROCESSOR SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS CUSTOMER AND CUSTOMERS MEMBERS, DIRECTORS, OFFICERS, AGENTS AND EMPLOYEES FROM AND AGAINST ANY AND ALL CLAIMS AND LOSSES, INCLUDING THIRD PARTY CLAIMS, ARISING OUT OF OR RELATING TO: (i) THE OPERATIONS CONDUCTED HEREUNDER OR IN CONNECTION HEREWITH BY PROCESSOR TO THE EXTENT RESULTING FROM THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF PROCESSOR, EXCEPT TO THE EXTENT THAT SUCH CLAIMS OR LOSSES ARE ATTRIBUTABLE TO THE NEGLIGENCE OR WILLFUL MISCONDUCT OF CUSTOMER OR ANY OF CUSTOMERS MEMBERS, DIRECTORS, OFFICERS, AGENTS OR EMPLOYEES, AND (ii) ANY BREACH OF THIS AGREEMENT BY PROCESSOR.
(b) SUBJECT TO THE TERMS OF THIS AGREEMENT, INCLUDING, WITHOUT LIMITATION, SECTION 13.2, CUSTOMER SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS PROCESSOR AND PROCESSORS MEMBERS, DIRECTORS, OFFICERS, AGENTS AND EMPLOYEES FROM AND AGAINST ANY AND ALL CLAIMS AND LOSSES, INCLUDING THIRD PARTY CLAIMS, ARISING OUT OF OR RELATING TO: (i) THE OPERATIONS CONDUCTED HEREUNDER OR IN CONNECTION HEREWITH BY CUSTOMER TO THE EXTENT RESULTING FROM THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF CUSTOMER, EXCEPT TO THE EXTENT THAT SUCH CLAIMS OR LOSSES ARE ATTRIBUTABLE TO THE NEGLIGENCE OR WILLFUL MISCONDUCT OF PROCESSOR OR ANY OF PROCESSORS MEMBERS, DIRECTORS, OFFICERS, AGENTS OR EMPLOYEES, AND (ii) ANY BREACH OF THIS AGREEMENT BY CUSTOMER.
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FORCE MAJEURE
14.1 Suspension of Obligations. If either Customer or Processor is rendered unable, wholly or in part, by reason of Force Majeure, from carrying out its obligations under this Agreement (other than the obligation to make payment of amounts due hereunder), then upon said Partys giving written notice and reasonably full particulars of such Force Majeure to the other Party, which shall be done as soon as practicable after the occurrence of the cause relied on, the obligations of the Party giving such notice (other than the obligation to make payment of amounts due hereunder), so far as they are affected by such Force Majeure, shall be suspended during the continuance of any inability so caused, but for no longer period, and such cause shall be remedied with all reasonable dispatch.
14.2 Definition of Force Majeure. The term Force Majeure shall mean acts of God, acts of any Governmental Authority, compliance with rules, regulations or orders of any Governmental Authority, strikes, lockouts or other industrial disturbances, acts of the public enemy, acts of terrorism, wars, blockades, insurrections, riots, epidemics, landslides, lightning, earthquakes, fires, extreme temperatures, storms, hurricanes, floods, or other adverse weather conditions, washouts, arrests and restraint of rulers and people, civil disturbances, explosions, breakage or accident to equipment, machinery or lines of pipes, freezing of wells or lines of pipes, partial or entire failure or refusal of operators of upstream or downstream pipelines or facilities to receive Gas or Plant Products or increases in pressure of upstream or downstream pipelines or facilities, requisitions, directives, diversions, embargoes, priorities or expropriations of Governmental Authorities, legal or de facto, whether purporting to act under some constitution, decree, law or otherwise, the necessity for making repairs, alterations, enlargements or connections to, or performing maintenance on, machinery or facilities, inability to secure rights of way, transportation embargoes or failures or delays in transportation or poor road conditions, and, without limitation by enumeration, any other cause or causes, whether of the kind herein enumerated or otherwise, not reasonably within the control of the Party claiming suspension, which, by the exercise of due diligence, such Party shall not have been able to avoid.
14.3 Strikes. The settlement of strikes or lockouts shall be entirely within the discretion of the Party having the difficulty. The requirement that any Force Majeure shall be remedied with all reasonable dispatch shall not require the settlement of strikes or lockouts by acceding to the demands of the opposing party, when such is deemed inadvisable in the discretion of the Party having the difficulty.
GOVERNING LAW; VENUE; DISPUTE RESOLUTION
15.1 Governing Law. This Agreement is entered into in the State of Louisiana and shall be governed, interpreted and construed in accordance with the laws of the State of Louisiana without regard to the conflicts of laws provisions thereof.
15.2 Venue. Exclusive venue for any suit, action or proceeding brought by either Party in connection with this Agreement or arising out of the terms or conditions hereof shall be in the state or federal courts situated in Lincoln Parish, Louisiana. The Parties hereby irrevocably and unconditionally waive, to the fullest extent they may legally and effectively do so, any objection
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they may now or hereafter have to the laying of venue of any suit, action, or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby in the state and federal courts situated in Lincoln Parish, Louisiana.
15.3 Negotiation. Prior to submitting any dispute for resolution by a court, a Party shall provide written notice to the other of the occurrence of such dispute. If the Parties have failed to resolve the dispute within fifteen (15) Business Days after such notice was given, the Parties shall seek to resolve the dispute by negotiation between senior management personnel of each Party. Such personnel shall endeavor to meet and attempt to amicably resolve the dispute. If the Parties are unable to resolve the dispute for any reason within thirty (30) Business Days after the original notice of dispute was given, then either Party shall be entitled to pursue any remedies available at law or in equity; provided, however, this Section 15.3 shall not limit a Partys right to initiate litigation prior to the expiration of the time periods set forth in this Section 15.3 if application of such limitations would prevent a Party from filing a lawsuit or claim within the applicable period for filing lawsuits (e.g., statutes of limitation, prescription, etc.).
TAXES
16.1 Taxes on Processing and Plant Products. Any Tax in the nature of a processing Tax, or any Tax on Plant Products resulting from the processing of Customer Gas, or the sale of Plant Products extracted therefrom, and any and all other Taxes now or hereafter levied, assessed, or collected on Plant Products extracted, saved and sold from Customer Gas, shall be borne by Customer. In the event Processor is liable and/or required to pay any such Tax for or on behalf of Customer, Customer shall reimburse Processor for such taxes pursuant to Processors invoice for the same.
16.2 Other Taxes. Customer shall pay, or cause to be paid, all production, severance, gross receipts, ad valorem and similar or other Taxes levied or imposed with respect to Customer Gas, and Customer shall bear and pay all Taxes levied or imposed with respect to Customer Residue Gas. In the event Processor is required to pay or remit any such Tax for Customer, Customer shall reimburse Processor for such taxes pursuant to Processors invoice for the same. Customer hereby agrees to indemnify, defend and hold harmless Processor from and against any and all Claims and Losses arising out of or related to such Taxes. This indemnity and defense obligation shall survive the expiration or termination of this Agreement.
16.3 Taxes on Processing Facilities. Notwithstanding anything in this Agreement to the contrary, Customer shall not be liable hereunder for any (x) Taxes (including ad valorem taxes) assessed against Processor based on Processors income, revenues, gross receipts, net worth or ownership of the Plant or any equipment or facilities related thereto, and (y) state franchise, license and similar Taxes required for the maintenance of Processors corporate existence.
ASSIGNMENT
17.1 Restrictions on Assignment. This Agreement may not be assigned, disposed of, alienated or otherwise transferred by either Party, in whole or in part, without the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned or delayed, except as provided below.
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17.2 Permitted Assignments. Notwithstanding the foregoing, (i) either Party may assign this Agreement to an Affiliate of such Party without the consent of the other Party, (ii) either Party may pledge this Agreement to secure any credit facility or indebtedness of such Party or its Affiliates without the consent of the other Party, (iii) Processor may assign this Agreement without Customers consent in connection with the sale or transfer of the Plant, and (iv) Customer may assign or partially assign this Agreement without Processors consent in connection with the sale or transfer of all or part of Customers Interests subject to the Dedication, provided that such assignee has a credit rating reasonably acceptable to Customer at the time of such sale or transfer. If any such transfer described in (i) through (iv) above occurs, (a) the transferee (other than any grantee under any lien, pledge, encumbrance or security interest) shall assume in writing the obligations and liabilities of the transferor under this Agreement (the Assumed Obligations); (b) in the case of transfers under clause (iv) above, the transferor shall be released from its obligations and liabilities under this Agreement to the extent of the Assumed Obligations, provided that Processors combined obligations to Customer and to any partial transferee of Customer shall be no greater than Customers obligations prior to such transfer; and (c) no transfer or succession to the interest of Customer hereunder, wholly or partially, shall affect or bind Processor until the first of the month following the date Processor has received a copy of the recorded transfer document or other proof satisfactory to Processor that the claimant is legally entitled to such interest.
NOTICES AND STATEMENTS
18.1 Notice. Any notice, statement, payment, claim or other communication required or permitted hereunder shall be in writing and shall be sent by: (i) facsimile transmission; (ii) delivered by hand; (iii) sent by United States mail with all postage fully prepaid; or (iv) by courier with charges paid in accordance with the customary arrangements established by such courier, in each of the foregoing cases addressed to the Party at the following addresses:
Processor: | NOTICES AND CORRESPONDENCE: | |
PennTex Midstream Partners, LLC Attn: Thomas Karam, Chief Executive Officer 11931 Wickchester Lane, Suite 300 | ||
Houston, Texas 77043 Fax: | ||
ACCOUNTING MATTERS: | ||
PennTex Midstream Partners, LLC Attn: 11931 Wickchester Lane, Suite 300 | ||
Houston, Texas 77043 Fax: |
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PAYMENT BY WIRE OR ACH: | ||
PennTex Midstream Partners, LLC | ||
ABA: | ||
Account No.: | ||
Customer: | NOTICES AND CORRESPONDENCE: | |
WildHorse Resources, LLC | ||
Attn: Anthony Bahr, Chief Executive Officer9805 Katy Freeway, Suite 400 | ||
Houston, Texas 77024 | ||
with a copy to: | ||
Memorial Resource Development LLC | ||
Attn: General Counsel | ||
1301 McKinney Street, Suite 2100 | ||
Houston, TX 77010 | ||
ACCOUNTING MATTERS: | ||
WildHorse Resources, LLC | ||
Attn: Revenue Accounting9805 Katy Freeway, Suite 400 | ||
Houston, Texas 77024 | ||
PAYMENT BY WIRE OR ACH: | ||
[ ] |
Such notices, statements, payments, claims or other communications shall be deemed received as follows: (i) if delivered personally, upon delivery; (ii) if sent by United States mail, whether by express mail, registered mail, certified mail or regular mail, the notice shall be deemed to have been received on the Day receipt is refused or is confirmed orally or in writing by the receiving Party; (iii) if sent by a courier service, upon delivery; or (iv) if sent by facsimile, on the Business Day following the Day on which it was transmitted and confirmed by transmission report or such earlier time as confirmed orally or in writing by the receiving Party.
18.2 Change of Address. Notices of change of address of either of the Parties shall be given in writing to the other Party in the manner aforesaid and shall be observed in the giving of all future notices, statements, payments, claims or other communications required or permitted to be given hereunder.
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MISCELLANEOUS
19.1 Entire Agreement. This Agreement, including any attachments, constitutes the entire agreement between the Parties pertaining to the subject matter hereof, supersedes all prior agreements, understandings, negotiations and discussions, whether oral or written, of the Parties with respect thereto, and may not be amended or modified except by a written instrument signed by both Parties expressly identifying it as an amendment or modification hereof.
19.2 Confidentiality . The Parties agree that the terms of this Agreement shall be considered confidential, shall be kept confidential and shall not be disclosed during the term of this Agreement to any Person that is not a Party, except:
(a) to an Affiliate or an owner or indirect owner of such Party;
(b) to the extent such information is required to be furnished in compliance with applicable law, or pursuant to any legal proceedings or because of any order of any Governmental Authority binding upon a Party;
(c) to prospective purchasers of the assets or equity interests of a Party;
(d) to prospective or actual attorneys engaged by either Party where disclosure of such information is essential to such attorneys work for such Party;
(e) to prospective or actual contractors and consultants engaged by either Party where disclosure of such information is essential to such contractors or consultants work for such Party;
(f) to a bank or other financial institution to the extent appropriate to a Party arranging for funding;
(g) to the extent such information must be disclosed pursuant to any rules or requirements of any stock exchange having jurisdiction over such Party or its Affiliates;
(h) to its respective employees, subject to each Party taking customary precautions to ensure such information is kept confidential; and
(i) any information which, through no fault of a Party, becomes a part of the public domain.
Except as provided in subsection 19.2(b) above, any third party receiving information pursuant to this Section 19.2 shall first execute a confidentiality agreement with the Parties prior to receiving such information.
19.3 Waiver. Any failure by either Party to comply with any of its obligations, agreements or conditions herein contained may only be waived in writing in an instrument specifically identified as a waiver and signed by the Party to whom such compliance is owed. No waiver of, or consent to a change in, any provision of this Agreement shall be deemed or shall constitute a waiver of, or consent to a change in, any other provisions hereof, nor shall such waiver constitute a continuing waiver unless expressly provided in the waiver.
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19.4 No Third Party Beneficiaries. Except for Persons indemnified hereunder, this Agreement is not for the benefit of any third party and nothing herein, expressed or implied, confers any right or remedy upon any Person not a party hereto other than Persons which become successors or assigns pursuant to Article XVII hereof.
19.5 No Partnership. It is not the intention of the Parties to create, nor is there created hereby, a partnership, trust, joint venture or association. The status of each Party hereunder is solely that of an independent contractor.
19.6 Published Indices. Unless expressly provided otherwise herein, if any published price index referred to in this Agreement ceases to be published, the Parties shall mutually agree to an alternative published price index representative of the published price index referred to in this Agreement.
19.7 Headings. The headings and captions in this Agreement have been inserted for convenience of reference only and shall not define or limit any of the terms and provisions hereof.
19.8 Contract Interpretation. In this Agreement, unless a clear contrary intention appears:
(a) reference to any Person includes such Persons successors and assigns but, if applicable, only if such successors and assigns are not prohibited by this Agreement, and reference to a Person in a particular capacity excludes such Person in any other capacity or individually;
(b) the singular number includes the plural number and vice versa;
(c) reference to any gender includes each other gender;
(d) reference to any agreement, document or instrument means such agreement, document or instrument as amended or modified and in effect from time to time in accordance with the terms thereof;
(e) reference to any law means such law as amended, modified, codified, replaced or reenacted, in whole or in part, and in effect from time to time, including rules and regulations promulgated hereunder, and reference to any section or other provision of any law means that provision of such law from time to time in effect and constituting the substantive amendment, modification, codification, replacement or reenactment of such section or other provision;
(f) hereunder, hereof, hereto, herein, hereby, and words of similar import shall be deemed references to this Agreement as a whole and not to any particular Article, Section or other provision hereof;
(g) including (and with correlative meaning include) means including without limiting the generality of any description preceding such term;
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(h) or is used in the inclusive sense of and/or;
(i) with respect to the determination of any period of time, from means from and including and to means to but excluding;
(j) references to documents, instruments or agreements shall be deemed to refer as well to all addenda, exhibits, schedules or amendments thereto;
(k) examples shall not be construed to limit, expressly or by implication, the matter they illustrate; and
(l) all references in this Agreement to an Article, Section, subsection, or Exhibit shall be to an Article, Section, subsection, or Exhibit of this Agreement, unless the context requires otherwise.
19.9 Agreement Subject to Laws. This Agreement is subject to all applicable state and federal laws and to all applicable orders, rules, and regulations of any Governmental Authority having jurisdiction. If either Party is ordered or required to do any act inconsistent with the provisions of this Agreement, then this Agreement shall continue nevertheless and shall be deemed modified to conform with the requirements of such law or regulation.
19.10 Federal Jurisdiction. Customer shall take no action that, directly or indirectly, could result in Processor being subjected to federal regulation, other than as to safety, under the Natural Gas Act or Section 311 of the Natural Gas Policy Act. If Customer takes any such action, in addition to all other remedies available to it in connection with such breach, Processor shall have the right to terminate this Agreement immediately. Customer shall be responsible and pay for and shall release, defend, indemnify and hold harmless Processor to the maximum extent permitted under applicable laws, from any and all Claims and Losses arising from or out of any act or omission of Customer which results in Processor or its Affiliates becoming subject to federal regulation, other than as to safety, under the Natural Gas Act or Section 311 of the Natural Gas Policy Act. In addition to the foregoing, Processor may terminate this Agreement without penalty if Processor or the Plant becomes subject to federal regulation, other than as to safety, under the Natural Gas Act or Section 311 of the Natural Gas Policy Act, and Processor elects to discontinue providing processing or other service to all customers on the Plant.
19.11 Reports to Governmental Authorities. Processor does not represent or warrant that any information it may furnish to Customer under the provisions of this Agreement will satisfy any of the requirements that may be imposed by any applicable state or federal laws and by any applicable orders, rules, and regulations of any Governmental Authorities having jurisdiction. Further, Processor does not assume the responsibility for the making of any reports to any Governmental Authorities that are required to be made by or on behalf of Customer.
19.12 Material Adverse Change. If a federal or state statute, regulation or order enacted or imposed by a Governmental Authority after the Effective Date effects a change to a substantive provision of this Agreement that has a material adverse impact upon the performance or benefits of either Party under this Agreement, including, without limitation, the imposition of terms, conditions, or rate restrictions that materially adversely affect the economic positions of the Parties under this Agreement, then the Parties will enter into good faith negotiations to attempt to revise this
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Agreement and any other ancillary agreements between Customer and Processor so that (a) performance under this Agreement is no longer impacted in a material adverse fashion and (b) this Agreement and any other ancillary agreements between Customer and Processor are revised in a manner that preserves, to the maximum extent possible, the respective economic positions of the Parties. Each Party will provide reasonable and prompt notice to the other Party as to any proposed law, regulations or any regulatory proceeding or actions that could cause such Party to invoke its rights under this Section 19.12. If, despite their good faith efforts, the Parties are unable to revise this Agreement in accordance with the above within ninety (90) Days from written notice of the occurrence, then the Party whose performance and/or benefits is impacted in a material adverse fashion will have the right to suspend or terminate this Agreement upon written notice delivered to the other Party within thirty (30) Days after expiration of the ninety (90) Day period with such suspension or termination to be effective no sooner than twelve (12) Months after the date of such written notice. Until such time as this Agreement is suspended or terminated, each Party will meet all obligations under this Agreement, unless otherwise prohibited by law.
19.13 Severability. The invalidity of any one or more provisions of this Agreement will not affect the validity of this Agreement as a whole, and in case of any such invalidity, this Agreement will be construed as if the invalid provision had not been included herein so long as the economic and legal substance of the transactions contemplated by this Agreement is not affected in any manner materially adverse to any Party. Upon such determination that one or more provisions of this Agreement are invalid, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible.
19.14 Expenses. Each Party shall pay its own legal fees and other costs and expenses incurred by it in connection with the execution and delivery of this Agreement.
19.15 Joint Preparation. The Parties acknowledge and mutually agree that this Agreement and all contents herein were jointly prepared by the Parties.
19.16 Further Assurances. Each Party shall take such acts and execute and deliver such documents as may be reasonably required to effectuate the purposes of this Agreement.
19.17 No Inducements. No director, employee, or agent of any Party shall give or receive any commission, fee, rebate, gift, or entertainment of significant cost or value in connection with this Agreement.
19.18 Counterpart Execution. This Agreement may be executed in any number of counterparts, each of which shall be considered an original, and all of which shall be considered one and the same instrument. Any signature delivered by a Party by facsimile transmission or electronically shall be deemed an original signature.
19.19 Survival. The respective indemnification obligations of the Parties set forth in this Agreement and the limitations of liability set forth in Section 13.2 shall survive the expiration of the Term and any termination of this Agreement.
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19.20 Customer-Affiliate-Subsidiary Obligations. Customer shall not, and shall not permit its Subsidiaries to, seek to avoid its obligations hereunder by acting through an Affiliate which is not a Subsidiary.
[Signature Page Follows]
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This Agreement is executed by the authorized representatives of the Parties, to be effective on the date first set forth above.
CUSTOMER: | ||
WildHorse Resources, LLC | ||
By: |
/s/ Anthony Bahr | |
Name: |
Anthony Bahr | |
Title: |
Chief Executive Officer |
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This Agreement is executed by the authorized representatives of the Parties, to be effective on the date first set forth above.
PROCESSOR: | ||
PennTex North Louisiana, LLC | ||
By: | /s/ Thomas F. Karam | |
Name: | Thomas F. Karam | |
Title: | CEO |
EXHIBIT A
MAXIMUM DAILY QUANTITY (MDQ)
MDQ (MMBtu per Day) |
||||
Annual Period 1 |
* | |||
Annual Period 2 |
* | |||
Annual Period 3 |
* | |||
Annual Period 4 |
* | |||
Annual Period 5 |
* | |||
Annual Period 6 |
* | |||
Annual Period 7 |
* | |||
Annual Period 8 |
* | |||
Annual Period 9 |
* | |||
Annual Period 10 |
* | |||
Annual Period 11 |
* | |||
Annual Period 12 |
* | |||
Annual Period 13 |
* | |||
Annual Period 14 |
* |
EXHIBIT A Page -1-
* |
- | Confidential Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. |
EXHIBIT B
MEMORANDUM OF GAS PROCESSING AGREEMENT
THIS MEMORANDUM OF GAS PROCESSING AGREEMENT (this Memorandum) is made and entered into effective as of March 17, 2014 (the Effective Date), by and between PennTex North Louisiana, LLC, a Delaware limited liability company (Processor), with an address of 11931 Wickchester Lane, Suite 300, Houston, Texas 77043, and WildHorse Resources, LLC, a Delaware limited liability company (Customer), with an address of 9805 Katy Freeway, Suite 400, Houston, Texas 77024. Processor and Customer are sometimes referred to herein individually as a Party and collectively as the Parties.
WHEREAS, Customer and Processor entered into that certain Gas Processing Agreement dated as of the Effective Date, as amended from time to time (the Agreement).
WHEREAS, the Parties desire to file this Memorandum in the applicable real property records to give notice of the existence of the Agreement and certain provisions contained therein.
NOW THEREFORE, for and in consideration of the premises and mutual covenants contained in the Agreement, the Parties hereby agree as follows:
AGREEMENT
1. | Term. The term of the Agreement commenced on the Effective Date and, unless terminated sooner in accordance with its terms, continues in effect until fifteen (15) years after the Plant Operational Date (the Primary Term), and shall continue for successive one year terms thereafter (each an Additional Term) unless the Agreement is terminated by either Party as of the end of the Primary Term or an Additional Term, as applicable. |
2. | Definitions. |
Customer Dedicated Leases means (i) the oil and gas leases described in Schedule 1 attached hereto and (ii) any undeveloped oil and gas leases acquired by Customer or any other Subsidiary in the Dedicated Area after the Effective Date (whether directly from a lessor or acquisitions from other third-parties as lessees).
3. | Dedication. As used herein, the Dedicated Area shall mean the area described on the plat attached hereto as Schedule 2. Subject to the terms and conditions of the Agreement, Customer has dedicated for processing under the Agreement and, commencing on the Effective Date, shall deliver to Processor the following (the Dedication, and the Gas that is the subject of the Dedication, being herein referred to as the Customer Gas): |
(a) all Gas produced and saved from wells now or hereafter located on lands covered by the Customer Dedicated Leases or on lands pooled or unitized therewith to the extent such Gas is attributable to Interests now owned by Customer and/or any other Subsidiary or hereafter acquired by Customer and/or any other Subsidiary, and their respective successors and assigns, and not delivered or used in lease operations as permitted pursuant to the Agreement or otherwise excluded as provided in the Agreement; and
EXHIBIT B Page -1-
(b) with respect to such wells for which Customer and/or any other Subsidiary is the operator, Gas produced from such wells that is attributable to Interests in such wells owned by other working interest owners and royalty owners which is not (i) taken in-kind by such working interest owners and royalty owners (and which Customer has the contractual right to deliver under the Agreement) or (ii) delivered or used in lease operations as permitted pursuant to the Agreement, and for which Customer and/or such other Subsidiary has the right and/or obligation to deliver such Gas; provided, however, with respect to Customer Gas that is subject to a Prior Dedication, subject to the Dedication, such Customer Gas may be delivered in accordance with such Prior Dedication.
4. | Processing Services. Processor has agreed to receive, process, and redeliver Customer Gas and the Plant Products attributable thereto for the fees and on and subject to the terms and conditions provided in the Agreement. |
5. | Covenant Running with the Land. So long as the Agreement is in effect, the Agreement shall (i) be a covenant running with the Interests now owned by Customer and/or any other Subsidiary or hereafter acquired by Customer and/or any other Subsidiary and their respective successors and assigns in the Dedicated Area and (ii) be binding on and enforceable by each Party and its successors and assigns against the other Party and its successors and assigns. |
6. | Incorporation of Terms. The terms and conditions of the Agreement are incorporated herein and made a part hereof for all purposes by this reference. This Memorandum is executed and recorded solely for the purpose of giving notice and shall not amend nor modify the Agreement in any way. Capitalized terms used herein, but not defined herein, shall have the meanings given to such terms in the Agreement. |
7. | Counterparts. This Memorandum may be executed in one or more originals, but all of which together shall constitute one and the same instrument. |
[Signature Pages Follow]
EXHIBIT B Page 2
IN WITNESS WHEREOF, this Memorandum has been signed by or on behalf of each of the Parties on the dates set forth in their acknowledgements below, but effective as of the Effective Date.
CUSTOMER: | ||
WildHorse Resources, LLC | ||
By: | [Exhibit - Not for Signature] | |
Name: | ||
Title: | ||
PROCESSOR: | ||
PennTex North Louisiana, LLC | ||
By: | ||
Name: | ||
Title: |
STATE OF TEXAS | § | |
§ | ||
COUNTY OF HARRIS | § |
The foregoing instrument was acknowledged before me by , the of WildHorse Resources, LLC, a Delaware limited liability company, on behalf of said limited liability company this day of , 2014.
Notary Public in and for the State of [ ] |
EXHIBIT B Page 3
STATE OF [ ] | § | |
§ | ||
COUNTY OF [ ] | § |
The foregoing instrument was acknowledged before me by , the of PennTex North Louisiana, LLC, a Delaware limited liability company, on behalf of said limited liability company this day of , 2014.
Notary Public in and for the State of [ ] |
EXHIBIT B Page 4
EXHIBIT C
SPECIFICATIONS
Gas received at the Point of Delivery shall meet each specification set forth below:
* |
* | - Confidential Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. |
EXHIBIT C Page -1-
EXHIBIT D
AMI
All lands in the State of Louisiana lying north of the township line between townships 14N and 15N, such lands being more particularly depicted as being all lands lying north of the bold red line in the attached map.
Exhibit E
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-ADA0001-001 |
RUBY F HAMNER ET AL | GEBCO INC | 2/11/1975 | 359 | 91 | W4204 | LA | Bienville | ||||||||||
LA-ADA0001-002 |
LUCILLE HAMNER COLE ET AL | GEBCO INC | 2/17/1975 | 361 | 99 | W5229 | LA | Bienville | ||||||||||
327 | 17 | U9593 | ||||||||||||||||
LA-ADA0002-000 |
MARY COURTNEY BRYMER ET VIR | GEBCO INC | 2/7/1972 | 327 | 17 | U9593 | LA | Bienville | ||||||||||
LA-ADA0003-000 |
JOE ROSS ET UX | GEBCO INC | 3/17/1975 | 361 | 10 | W4681 | LA | Bienville | ||||||||||
LA-ADA0004-001 |
BESSIE LATHAN | GEBCO INC | 7/17/1975 | 361 | 132 | W5305 | LA | Bienville | ||||||||||
LA-ADA0004-002 |
WILLIE LEE LATHAN | GEBCO INC | 4/28/1975 | 361 | 88 | W5179 | LA | Bienville | ||||||||||
LA-ADA0004-003 |
HAROLD LATHAN | GEBCO INC | 4/28/1975 | 366 | 149 | W7239 | LA | Bienville | ||||||||||
LA-ADA0005-001 |
CORBITT LATHAN | GEBCO INC | 2/25/1975 | 359 | 99 | W4272 | LA | Bienville | ||||||||||
LA-ADA0005-002 |
ERA HAWK JOHNSON ESTATE | GEBCO INC | 7/17/1975 | 361 | 133 | W5306 | LA | Bienville | ||||||||||
LA-ADA0005-003 |
ALICE HAWK BROCKS | GEBCO INC | 7/17/1975 | 361 | 153 | W5471 | LA | Bienville | ||||||||||
LA-ADA0005-004 |
ERA JEAN HENDERSON DAVIS | GEBCO INC | 7/17/1975 | 363 | 2 | W5632 | LA | Bienville | ||||||||||
LA-ADA0005-005 |
JOHN HENDERSON | GEBCO INC | 7/17/1975 | 363 | 34 | W5718 | LA | Bienville | ||||||||||
LA-ADA0005-006 |
HORACE HAWK | GEBCO INC | 7/17/1975 | 363 | 72 | W5931 | LA | Bienville | ||||||||||
LA-ADA0005-007 |
THERESA HAWK | GEBCO INC | 7/17/1975 | 361 | 151 | W5469 | LA | Bienville | ||||||||||
LA-ADA0005-008 |
BERTA HAWK ALLUMS | GEBCO INC | 7/17/1975 | 361 | 130 | W5303 | LA | Bienville | ||||||||||
LA-ADA0005-009 |
WINFRED HAWK | GEBCO INC | 8/1/1975 | 361 | 131 | W5304 | LA | Bienville | ||||||||||
LA-ADA0005-010 |
ROY HAWK | GEBCO INC | 12/18/1975 | 366 | 113 | W6891 | LA | Bienville | ||||||||||
LA-ADA0005-011 |
LORENZO HAWK | GEBCO INC | 5/8/1975 | 361 | 152 | W5470 | LA | Bienville | ||||||||||
LA-ADA0005-012 |
LESTER HAWK | GEBCO INC | 4/25/1975 | 361 | 159 | W5477 | LA | Bienville | ||||||||||
LA-ADA0007-000 |
POLLY AUBREY ET AL | GEBCO INC | 2/9/1972 | 327 | 16 | U9592 | LA | Bienville | ||||||||||
LA-ADA0008-000 |
JERRY W RUSHING | GEBCO INC | 7/17/1975 | 363 | 52 | W5785 | LA | Bienville | ||||||||||
LA-ADA0009-001 |
FANNIE ROSS ROCHELLE ET AL | GEBCO INC | 3/27/1975 | 361 | 16 | W4730 | LA | Bienville | ||||||||||
LA-ADA0009-002 |
ROBERT J ROCHELLE | GEBCO INC | 4/2/1975 | 361 | 42 | W4872 | LA | Bienville | ||||||||||
LA-ADA0010-001 |
DAVID J ROCHELLE JR | FRANKS PETROLEUM INC | 1/26/1971 | 316 | 2 | U4776 | LA | Bienville | ||||||||||
LA-ADA0010-002 |
DASIE MAE ROCHELLE WALKER | FRANKS PETROLEUM INC | 1/26/1971 | 316 | 3 | U4777 | LA | Bienville | ||||||||||
LA-ARW0001-000 |
STEVEN ROCHELLE | KCS MEDALLION RESOURCES INC | 12/19/2000 | 899 | 138 | 2001-447 | LA | Bienville | ||||||||||
LA-ARW0003-000 |
EARLY LEE ROCHELLE | KCS MEDALLION RESOURCES INC | 5/19/1998 | 817 | 199 | 98-1843 | LA | Bienville | ||||||||||
LA-ARW0004-000 |
BARBARA HARPER RICHARDSON ET AL | LACE OPERATING | 7/30/1993 | 687 | 246 | 93-2544 | LA | Bienville | ||||||||||
LA-ARW0005-000 |
HAYNESVILLE MERCANTILE CO | SKLARCO LLC | 1/5/2005 | 20051030 | LA | Bienville | ||||||||||||
LA-ARW0006-001 |
MARIE GREER BUTLER S/P | KCS MEDALLION RESOURCES INC | 10/4/2000 | 901 | 275 | 2001-748 | LA | Bienville | ||||||||||
LA-ARW0006-002 |
CARL JUSTIN GREER S/P | KCS MEDALLION RESOURCES INC | 10/4/2000 | 895 | 192 | 2001-77 | LA | Bienville | ||||||||||
LA-ARW0006-003 |
DARLENE LEE GILMER S/P ET AL | KCS MEDALLION RESOURCES INC | 10/27/2000 | 895 | 208 | 2001-82 | LA | Bienville | ||||||||||
LA-ARW0006-004 |
HENRY WILSON GREER S/P | KCS MEDALLION RESOURCES INC | 10/4/2000 | 895 | 229 | 2001-89 | LA | Bienville | ||||||||||
LA-ARW0006-005 |
DON D WEBBER S/P | KCS MEDALLION RESOURCES INC | 10/12/2000 | 895 | 189 | 2001-76 | LA | Bienville | ||||||||||
LA-ARW0006-006 |
THOMAS L GILMER S/P | KCS MEDALLION RESOURCES INC | 10/4/2000 | 895 | 183 | 2001-74 | LA | Bienville | ||||||||||
LA-ARW0006-007 |
GORDIE T GREEN III S/P | KCS MEDALLION RESOURCES INC | 10/12/2000 | 895 | 259 | 2001-99 | LA | Bienville | ||||||||||
LA-ARW0006-008 |
BENNIE GREEN MANSHACK SP | KCS MEDALLION RESOURCES INC | 10/23/2000 | 895 | 265 | 2001-101 | LA | Bienville | ||||||||||
LA-ARW0006-009 |
EVERETT LEE EDWARDS JR ET UX | KCS MEDALLION RESOURCES INC | 10/3/2000 | 895 | 271 | 2001-103 | LA | Bienville | ||||||||||
LA-ARW0006-010 |
MYRTIS LILLIAN JACKS NOLAN S/P | KCS MEDALLION RESOURCES INC | 10/4/2000 | 895 | 280 | 2001-106 | LA | Bienville | ||||||||||
LA-ARW0006-011 |
LYNETTE MITCHELL SP | KCS MEDALLION RESOURCES INC | 10/18/2000 | 895 | 283 | 2001-107 | LA | Bienville | ||||||||||
LA-ARW0006-012 |
EARL NEWTON GREER SP | KCS MEDALLION RESOURCES INC | 10/18/2000 | 895 | 289 | 2001-109 | LA | Bienville | ||||||||||
LA-ARW0006-013 |
GLORIA ANN MADDRY ET AL | KCS MEDALLION RESOURCES INC | 10/3/2000 | 895 | 292 | 2001-110 | LA | Bienville | ||||||||||
LA-ARW0006-014 |
PAM ANTHONY SP | KCS MEDALLION RESOURCES INC | 10/18/2000 | 895 | 322 | 2001-129 | LA | Bienville | ||||||||||
LA-ARW0006-015 |
JOHN THOMAS GREER SP | KCS MEDALLION RESOURCES INC | 10/3/2000 | 895 | 223 | 2001-87 | LA | Bienville | ||||||||||
LA-ARW0006-016 |
BONNIE FAYE FAY SP | KCS MEDALLION RESOURCES INC | 10/6/2000 | 895 | 328 | 2001-131 | LA | Bienville | ||||||||||
LA-ARW0006-017 |
LOYD T HAMMONTREE S/P | KCS MEDALLION RESOURCES INC | 10/3/2000 | 895 | 238 | 2001-092 | LA | Bienville | ||||||||||
LA-ARW0006-018 |
MARY LEE GREEN LATINO S/P | KCS MEDALLION RESOURCES INC | 10/3/2000 | 895 | 241 | 2001-93 | LA | Bienville | ||||||||||
LA-ARW0006-019 |
MARY LUCILLE CHAPMAN S/P | KCS MEDALLION RESOURCES INC | 10/4/2000 | 895 | 217 | 2001-85 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-ARW0006-020 |
BOBBY GENE GILMER S/P | KCS MEDALLION RESOURCES INC | 10/4/2000 | 895 | 220 | 2001-86 | LA | Bienville | ||||||||||
LA-ARW0006-021 |
RONALD WAYNE GILMER S/P | KCS MEDALLION RESOURCES INC | 10/6/2000 | 899 | 41 | 2001-398 | LA | Bienville | ||||||||||
LA-ARW0006-022 |
BETH GREEN MERICLE S/P | KCS MEDALLION RESOURCES INC | 10/9/2000 | 896 | 11 | 2001-138 | LA | Bienville | ||||||||||
BERTIE LEE OQUIN ET AL | ||||||||||||||||||
LA-ARW0006-023 |
WILLIAM AVERY OQUINN, III | KCS MEDALLION RESOURCES INC | 10/3/2000 | 903 | 311 | 2001-969 | LA | Bienville | ||||||||||
LA-ARW0007-001 |
DOROTHY HAMNER STEWART S/P ET AL | KCS MEDALLION RESOURCES INC | 10/17/2000 | 895 | 232 | 2001-90 | LA | Bienville | ||||||||||
LA-ARW0007-002 |
IRENE HAMNER HOLDER S/P | KCS MEDALLION RESOURCES INC | 10/6/2000 | 895 | 274 | 2001-104 | LA | Bienville | ||||||||||
PATRICIA COLE DICKSON S/P | ||||||||||||||||||
LA-ARW0007-003 |
C/O ARGENT PROPERTY SERVICES, LLC | KCS MEDALLION RESOURCES INC | 10/17/2000 | 895 | 186 | 2001-75 | LA | Bienville | ||||||||||
LA-ARW0007-004 |
COMMUNITY FOUNDATION OF SHREVEPORT-BOSSIER | KCS MEDALLION RESOURCES INC | 10/27/2000 | 895 | 226 | 2001-88 | LA | Bienville | ||||||||||
LA-ARW0007-005 |
WASHINGTON & LEE UNIVERSITY | KCS MEDALLION RESOURCES INC | 10/30/2000 | 895 | 195 | 2001-78 | LA | Bienville | ||||||||||
LA-ARW0007-006 |
KATHRYN COLE EEDS S/P | KCS MEDALLION RESOURCES INC | 10/17/2000 | 895 | 250 | 2001-96 | LA | Bienville | ||||||||||
LA-ARW0007-007 |
GENE ANNE MARTIN REYNOLDS S/P | KCS MEDALLION RESOURCES INC | 11/1/2000 | 895 | 268 | 2001-102 | LA | Bienville | ||||||||||
LA-ARW0007-008 |
TIMOTHY H ATKINS S/P | KCS MEDALLION RESOURCES INC | 1/24/2001 | 901 | 272 | 2001-747 | LA | Bienville | ||||||||||
LEE PATTERSON FUTCH S/P, USAA INVESTMENT MANAGEMENT COMPANY | ||||||||||||||||||
LA-ARW0008-001 |
JOHN M FUTCH, AGENT & AIF | KCS MEDALLION RESOURCES INC | 10/16/2000 | 895 | 325 | 2001-130 | LA | Bienville | ||||||||||
LA-ARW0008-002 |
BERYL LOUISE WHITE SAUCER S/P | KCS MEDALLION RESOURCES INC | 10/6/2000 | 895 | 256 | 2001-98 | LA | Bienville | ||||||||||
LA-ARW0008-003 |
BEVERLY STEWART OSTROSKA S/P | KCS MEDALLION RESOURCES INC | 10/16/2000 | 895 | 286 | 2001-108 | LA | Bienville | ||||||||||
LA-ARW0008-004 |
THOMAS B WHITE JR S/P | KCS MEDALLION RESOURCES INC | 10/16/2000 | 895 | 277 | 2001-105 | LA | Bienville | ||||||||||
ROBERT SINGLETON INDIV AND | ||||||||||||||||||
AS AGENT AND A-I-F FOR BELEN M SINGLETON | ||||||||||||||||||
WILLIAM SINGLETON, HUSBAND OF SANDRA | ||||||||||||||||||
LA-ARW0008-005 |
SINGLETON | KCS MEDALLION RESOURCES INC | 10/2/2000 | 895 | 205 | 2001-81 | LA | Bienville | ||||||||||
LA-ARW0009-001 |
ALBERT L FAULK S/P | KCS MEDALLION RESOURCES INC | 12/1/2000 | 895 | 198 | 2001-79 | LA | Bienville | ||||||||||
LA-ARW0009-002 |
MARGARET MELTON MALONE S/P | KCS MEDALLION RESOURCES INC | 10/18/2000 | 895 | 214 | 2001-84 | LA | Bienville | ||||||||||
LA-ARW0009-003 |
ELEANOR MELTON RIORDAN S/P | KCS MEDALLION RESOURCES INC | 10/23/2000 | 895 | 253 | 2001-97 | LA | Bienville | ||||||||||
LA-ARW0009-004 |
MARCELLE MARIE MASTERSON S/P | KCS MEDALLION RESOURCES INC | 10/30/2000 | 895 | 247 | 2001-95 | LA | Bienville | ||||||||||
LA-ARW0009-005 |
JAMES L LOE ET UX | KCS MEDALLION RESOURCES INC | 10/18/2000 | 895 | 244 | 2001-94 | LA | Bienville | ||||||||||
LA-ARW0009-006 |
SIDNEY P HUFF III, S/P | KCS MEDALLION RESOURCES INC | 10/23/2000 | 895 | 211 | 2001-83 | LA | Bienville | ||||||||||
LA-ARW0009-007 |
H D MELTON III S/P | KCS MEDALLION RESOURCES INC | 10/27/2000 | 899 | 44 | 2001-399 | LA | Bienville | ||||||||||
LA-ARW0009-008 |
CAROLYN MELTON MARSH S/P | KCS MEDALLION RESOURCES INC | 10/30/2000 | 895 | 262 | 2001-100 | LA | Bienville | ||||||||||
HENRY DAYTON THRASH IND & EXEC FOR JANET | ||||||||||||||||||
LA-ARW0009-009 |
SMITH THRASH | KCS MEDALLION RESOURCES INC | 10/19/2000 | 895 | 235 | 2001-91 | LA | Bienville | ||||||||||
LAKEWAY DEVELOPMENT, REPRESENTED BY ROBERT J | ||||||||||||||||||
LA-ARW0010-001 |
MCCORMICK, PRESIDENT | KCS RESOURCES INC | 2/21/2002 | 937 | 293 | 2002-823 | LA | Bienville | ||||||||||
LA-ARW0010-002 |
MARY BELLE TAYLOR HOLSTEAD ET AL | KCS MEDALLION RESOURCES INC | 10/30/2000 | 895 | 201 | 2001-80 | LA | Bienville | ||||||||||
LA-ARW0010-003 |
JACK TURNER TAYLOR JR S/P | KCS MEDALLION RESOURCES INC | 10/30/2000 | 896 | 14 | 2001-139 | LA | Bienville | ||||||||||
MOSLEY CUSTODIAL TRUST REP NATL INDEPENDENT | ||||||||||||||||||
LA-ARW0010-004 |
TRUST CO | KCS MEDALLION RESOURCES INC | 2/13/2001 | 902 | 222 | 2001-827 | LA | Bienville | ||||||||||
MARY MOSLEY NEWSOM TRUST TRUST COMPANY OF | ||||||||||||||||||
LA-ARW0010-005 |
LOUISIANA | KCS MEDALLION RESOURCES INC | 10/27/2000 | 905 | 323 | 2001-1189 | LA | Bienville | ||||||||||
LA-ARW0011-000 |
ROBERT PITTS THOMAS S/P | KCS MEDALLION RESOURCES INC | 1/13/2001 | 899 | 146 | 2001-448 | LA | Bienville | ||||||||||
LA-ARW0012-001 |
VIRGINIA LEE ROGERS | KCS MEDALLION RESOURCES INC | 12/10/2001 | 947 | 14 | 2002-2050 | LA | Bienville | ||||||||||
LA-ARW0012-002 |
TROY S BROWN ET AL | KCS MEDALLION RESOURCES INC | 12/7/2000 | 899 | 150 | LA | Bienville | |||||||||||
LA-ARW0012-003 |
CHARLES H JOWERS ET UX | KCS MEDALLION RESOURCES INC | 12/7/2000 | 899 | 155 | 2001-450 | LA | Bienville | ||||||||||
LA-ARW0013-001 |
LORRAINE R GRAY ET AL | KCS MEDALLION RESOURCES INC | 4/30/2001 | 912 | 259 | 2001-2248 | LA | Bienville | ||||||||||
LA-ARW0013-002 |
RUBY DELITHA GRAY S/P | KCS MEDALLION RESOURCES INC | 4/30/2001 | 912 | 262 | 2001-2247 | LA | Bienville | ||||||||||
LA-ARW0013-003 |
JOE OREN HARPER JR | WHB EXPLORATION, INC | 1/23/1978 | 390 | 70 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
RUBYS WHITLOCK | ||||||||||||||||||
LA-ARW0014-000 |
REPRESENTED BY SHIRLEY H JOINER A-I-F | KCS RESOURCES INC | 2/14/2002 | 937 | 286 | 2002-822 | LA | Bienville | ||||||||||
JIMMIE LEE PARISH BOOKER S/P | ||||||||||||||||||
LA-ARW0025-001 |
JUDY TURNER MORRIS, CURATOR | JENCO RESOURCES INC | 6/10/1998 | 819 | 78 | 98-2037 | LA | Bienville | ||||||||||
LA-ARW0025-002 |
WILLA B HILL GORDON | JENCO RESOURCES INC | 6/1/1998 | 819 | 83 | 98-2040 | LA | Bienville | ||||||||||
LA-ARW0025-003 |
DARYL C HILL | JENCO RESOURCES INC | 6/10/1998 | 821 | 193 | 98-2388 | LA | Bienville | ||||||||||
LA-ARW0025-004 |
LYNNWOOD J M HILL | JENCO RESOURCES INC | 6/10/1998 | 835 | 260 | 99-238 | LA | Bienville | ||||||||||
LA-ARW0025-005 |
PAULINE HILL CRITTON | JENCO RESOURCES INC | 6/1/1998 | 819 | 85 | 98-2041 | LA | Bienville | ||||||||||
LA-ARW0025-006 |
JACQUELINE M HILL VERNON S/P | JENCO RESOURCES INC | 6/10/1998 | 819 | 87 | 98-2042 | LA | Bienville | ||||||||||
LA-ARW0025-007 |
DORIS RICHARDSON ET AL | PAR MINERALS CORPORATION | 8/16/2001 | 922 | 120 | 2001-3636 | LA | Bienville | ||||||||||
LA-ARW0025-008 |
RODNEY HAYWARD HILL S/P | KCS MEDALLION RESOURCES INC | 9/28/2001 | 926 | 269 | 2001-4247 | LA | Bienville | ||||||||||
JIMMIE LEE PARISH BOOKER S/P | ||||||||||||||||||
LA-ARW0025-009 |
JUDY TURNER MORRIS, CURATOR | PAR MINERALS CORPORATION | 7/28/2000 | 886 | 175 | 2000-3390 | LA | Bienville | ||||||||||
LA-ARW0025-010 |
WILLA B HILL GORDON | PAR MINERALS CORPORATION | 7/28/2000 | 886 | 173 | 2000-3389 | LA | Bienville | ||||||||||
LA-ARW0026-000 |
DONNA GRIFFITH TOWNS | PAR MINERALS CORPORATION | 7/5/2000 | 886 | 163 | 2000-3384 | LA | Bienville | ||||||||||
LA-ARW0027-001 |
CANDY LYNN HORNER S/P | KCS MEDALLION RESOURCES INC | 10/10/2001 | 927 | 272 | 2001-4397 | LA | Bienville | ||||||||||
LA-ARW0027-002 |
BENNIE MAE ROCHELLE CATO ET AL | PAR MINERALS CORPORATION | 7/6/2000 | 886 | 169 | 2000-3387 | LA | Bienville | ||||||||||
LA-ARW0027-003 |
CURTIS JOHNSON | PAR MINERALS CORPORATION | 7/10/2000 | 892 | 128 | 2000-4095 | LA | Bienville | ||||||||||
KATHRYN HATTAWAY BROWN INDIV & EXECUTRIX | ||||||||||||||||||
LA-ARW0028-000 |
FOR WESLEY H BROWN SR ES | PAR MINERALS CORPORATION | 7/5/2000 | 886 | 159 | 2000-3382 | LA | Bienville | ||||||||||
LA-ARW0029-000 |
JAMES Y HATTAWAY ET UX | PAR MINERALS CORPORATION | 7/5/2000 | 886 | 161 | 2000-3383 | LA | Bienville | ||||||||||
LA-ARW0030-001 |
JANET ANN MERRITT ROBINSON SEPARATE PROPERTY | JENCO RESOURCES INC | 7/9/1998 | 821 | 229 | 98-2406 | LA | Bienville | ||||||||||
LA-ARW0030-002 |
JUDY MERRITT CARTER SEPARATE PROPERTY | JENCO RESOURCES INC | 7/9/1998 | 824 | 232 | 98-2407 | LA | Bienville | ||||||||||
LA-ARW0030-003 |
MEREDITH LYNN NOEL DAY | KCS MEDALLION RESOURCES INC | 12/15/2000 | 899 | 53 | 2001-402 | LA | Bienville | ||||||||||
LA-ARW0030-004 |
JOHN C MERRITT SEPARATE PROPERTY | JENCO RESOURCES INC | 7/8/1998 | 825 | 92 | 98-3032 | LA | Bienville | ||||||||||
LA-ARW0030-005 |
BEVERLY GANTT MAZZA | KCS MEDALLION RESOURCES INC | 12/14/2000 | 899 | 56 | 2001-403 | LA | Bienville | ||||||||||
LA-ARW0030-006 |
VERONICA LANDRY HARRIS S/P | KCS MEDALLION RESOURCES INC | 12/18/2000 | 899 | 160 | 2001-451 | LA | Bienville | ||||||||||
LA-ARW0030-007 |
JOHN FOREST BAKER S/P | KCS MEDALLION RESOURCES INC | 1/16/2001 | 900 | 71 | 2001-552 | LA | Bienville | ||||||||||
LA-ARW0030-008 |
PATSY BAKER CRAMER S/P | KCS MEDALLION RESOURCES INC | 12/14/2000 | 899 | 83 | 2001-414 | LA | Bienville | ||||||||||
LA-ARW0030-009 |
JAMES NATHAN STEWART | KCS MEDALLION RESOURCES INC | 1/18/2001 | 899 | 320 | 2001-502 | LA | Bienville | ||||||||||
LA-ARW0030-010 |
JAMES KEITH BAKER II | KCS MEDALLION RESOURCES INC | 12/14/2000 | 899 | 59 | 2001-404 | LA | Bienville | ||||||||||
LA-ARW0030-011 |
JUAN R BAKER | KCS MEDALLION RESOURCES INC | 1/16/2001 | 899 | 323 | 2001-503 | LA | Bienville | ||||||||||
LA-ARW0030-012 |
LISA LANDRY MATHEWS S/P | KCS MEDALLIAN RESOURCES INC | 12/18/2000 | 906 | 1 | 2001-1190 | LA | Bienville | ||||||||||
LA-ARW0031-000 |
JOHN T PYLES A SINGLE MAN | PAR MINERALS CORPORATION | 7/10/2000 | 886 | 171 | 2000-3388 | LA | Bienville | ||||||||||
LA-ARW0032-000 |
RANDY L EWING ET AL | JENCO RESOURCES INC | 8/7/2000 | 883 | 277 | 2000-3116 | LA | Bienville | ||||||||||
LA-ARW0033-000 |
JOHN CHARLES THURMOND ET AL | JENCO RESOURCES INC | 3/31/1998 | 817 | 123 | 98-1800 | LA | Bienville | ||||||||||
LA-ARW0034-000 |
ROBERT L KIDD ET UX | JENCO RESOURCES INC | 6/23/1998 | 819 | 91 | 98-2044 | LA | Bienville | ||||||||||
LA-ARW0035-000 |
DEE D JOWERS ET UX | PAR MINERALS CORPORATION | 9/25/2000 | 886 | 282 | 2000-3423 | LA | Bienville | ||||||||||
LA-ARW0036-000 |
WILLAMETTE INDUSTRIES INC | JENCO RESOURCES INC | 8/31/2000 | 883 | 285 | 2000-3117 | LA | Bienville | ||||||||||
LA-ARW0037-001 |
DANIEL WESLEY REED SP | JENCO RESOURCES INC | 6/9/1998 | 821 | 237 | 98-2409 | LA | Bienville | ||||||||||
LA-ARW0037-002 |
ROWLAND EVANS REED SP | JENCO RESOURCES INC | 6/9/1998 | 821 | 239 | 98-2410 | LA | Bienville | ||||||||||
LA-ARW0037-003 |
ROBERT MANRY REED A SINGLE MAN | JENCO RESOURCES INC | 10/16/1998 | 830 | 16 | 98-3648 | LA | Bienville | ||||||||||
LA-ARW0037-004 |
REBECCA MONTANO AKA REBECCA REED WRIGHT | PAR MINERALS CORPORATION | 7/10/2000 | 886 | 167 | 2000-3386 | LA | Bienville | ||||||||||
LA-ARW0038-000 |
HORACE RAY CREASY ET UX | JENCO RESOURCES INC | 4/1/1998 | 817 | 126 | 98-1801 | LA | Bienville | ||||||||||
LA-ARW0039-000 |
JOHNNY W BOOKER | JENCO RESOURCES INC | 3/30/2001 | 908 | 142 | 2001-1583 | LA | Bienville | ||||||||||
LA-ARW0040-001 |
JOHN BAKER BARR A WIDOWER | JENCO RESOURCES INC | 7/21/1998 | 825 | 80 | 98-3028 | LA | Bienville | ||||||||||
LA-ARW0040-002 |
DON OTHO MCGEE BAKER JR SP | PAR MINERALS CORPORATION | 7/6/2000 | 886 | 165 | 2000-3385 | LA | Bienville | ||||||||||
LA-ARW0040-003 |
CAROLE B BENNETT SP | JENCO RESOURCES INC | 7/21/1998 | 825 | 83 | 98-3029 | LA | Bienville | ||||||||||
LA-ARW0040-004 |
BAKER FORESTS LP | JENCO RESOURCES INC | 7/21/1998 | 825 | 97 | 98-3034 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-ARW0040-005 |
LEWIS TURNER BAKER JR SP | JENCO RESOURCES INC | 7/21/1998 | 825 | 89 | 98-3031 | LA | Bienville | ||||||||||
LA-ARW0040-006 |
ANNE B JONES A WIDOW ET AL | JENCO RESOURCES INC | 7/21/1998 | 825 | 86 | 98-3030 | LA | Bienville | ||||||||||
LA-ARW0040-007 |
GENE MAXWELL BAKER SEPARATE PROPERTY | KCS RESOURCES INC | 5/24/2002 | 945 | 149 | 2002-1827 | LA | Bienville | ||||||||||
LA-ARW0041-001 |
MARY ALMA COURTNEY BRYMER A WIDOW | JENCO RESOURCES INC | 6/23/1998 | 821 | 181 | 98-2382 | LA | Bienville | ||||||||||
LA-ARW0041-002 |
BARBARA COURTNEY LAND SP FRANCIS W COURTNEY AKA CHARLEEN W COURTNEY |
JENCO RESOURCES INC | 6/23/1998 | 821 | 183 | 98-2383 | LA | Bienville | ||||||||||
LA-ARW0041-003 |
SP | JENCO RESOURCES INC | 6/23/1998 | 821 | 185 | 98-2384 | LA | Bienville | ||||||||||
LA-ARW0041-004 |
LOUISE B COURTNEY A WIDOW | JENCO RESOURCES INC | 6/23/1998 | 821 | 189 | 98-2386 | LA | Bienville | ||||||||||
LA-ARW0041-P05 |
JACK M LAND JR | JENCO RESOURCES INC | 6/23/1998 | 821 | 187 | 98-2385 | LA | Bienville | ||||||||||
LA-ARW0042-000 |
BARBARA COURTNEY LAND ET VIR | JENCO RESOURCES INC | 6/23/1998 | 821 | 191 | 98-2387 | LA | Bienville | ||||||||||
LA-ARW0043-000 |
ROBERT RICHARDSON JR ET UX | JENCO RESOURCES INC | 5/26/1998 | 817 | 128 | 98-1802 | LA | Bienville | ||||||||||
LA-ARW0044-000 |
PRENTIS LATHAN ET AL | JENCO RESOURCES INC | 4/21/1998 | 817 | 119 | 98-1798 | LA | Bienville | ||||||||||
LA-ARW0045-000 |
VERNON LATHAN S/P | JENCO RESOURCES INC | 6/9/1998 | 819 | 89 | 98-2043 | LA | Bienville | ||||||||||
LA-ARW0046-000 |
RUTH ANN LATHAN SCOTT | JENCO RESOURCES INC | 4/24/1998 | 819 | 79 | 98-2038 | LA | Bienville | ||||||||||
LA-ARW0047-000 |
RUBY ANN LATHAN SCOTT SP | JENCO RESOURCES INC | 4/24/1998 | 819 | 81 | 98-2039 | LA | Bienville | ||||||||||
LA-ARW0048-000 |
HENDERSON LATHAN A SINGLE MAN | JENCO RESOURCES INC | 4/22/1998 | 817 | 117 | 98-1797 | LA | Bienville | ||||||||||
LA-ARW0049-000 |
ORA LEE LATHAN HUNTER A SINGLE WOMAN | JENCO RESOURCES INC | 5/11/1998 | 817 | 130 | 98-1803 | LA | Bienville | ||||||||||
LA-ARW0050-000 |
POLLY LATHAN SANDERS SP | JENCO RESOURCES INC | 4/22/1998 | 817 | 121 | 98-1799 | LA | Bienville | ||||||||||
LA-ARW0053-001 |
VIRGINIA DELL RHODES A SINGLE WOMAN | JENCO RESOURCES INC | 7/16/1998 | 825 | 211 | 98-3092 | LA | Bienville | ||||||||||
LA-ARW0053-002 |
BETTY RHODES BRADLEY SP | JENCO RESOURCES INC | 7/16/1998 | 825 | 213 | 98-3093 | LA | Bienville | ||||||||||
LA-ARW0053-003 |
WILLIE MAE RHODES DANIEL SP | JENCO RESOURCES INC | 7/16/1998 | 825 | 215 | 98-3094 | LA | Bienville | ||||||||||
LA-ARW0053-004 |
ANNIE MAE RHODES ROSS SP | JENCO RESOURCES INC | 7/16/1998 | 825 | 217 | 98-3095 | LA | Bienville | ||||||||||
LA-ARW0053-005 |
ALBERTA RHODES KING SP | JENCO RESOURCES INC | 7/16/1998 | 825 | 219 | 98-3096 | LA | Bienville | ||||||||||
LA-ARW0053-006 |
ESTER RHODES JR A SINGLE MAN | JENCO RESOURCES INC | 7/16/1998 | 821 | 241 | 98-2411 | LA | Bienville | ||||||||||
LA-ARW0054-000 |
C A KIDD JR ET UX | JENCO RESOURCES INC | 7/1/1998 | 821 | 207 | 98-2395 | LA | Bienville | ||||||||||
LA-ARW0055-000 |
PHILIP L TOWNS ET UX | KCS MEDALLION RESOURCES INC | 9/28/2001 | 926 | 3 | 2001-4152 | LA | Bienville | ||||||||||
LA-ARW0056-000 |
VIRGINIA RHEA AUBREY HARVEY | JENCO RESOURCES INC | 7/27/1998 | 825 | 208 | 98-3091 | LA | Bienville | ||||||||||
LA-ARW0057-000 |
ORA ELIZABETH HUCKABAY TOWNS S/P | JENCO RESOURCES INC | 5/26/1998 | 817 | 132 | 98-1804 | LA | Bienville | ||||||||||
LA-ARW0058-000 |
MT LEBANON BAPTIST CHURCH | JENCO RESOURCES INC | 7/15/1998 | 822 | 56 | 98-2486 | LA | Bienville | ||||||||||
LA-ARW0059-000 |
MT LEBANON HISTORICAL SOCIETY | JENCO RESOURCES INC | 7/15/1998 | 822 | 52 | 98-2485 | LA | Bienville | ||||||||||
LA-ARW0060-000 |
STEVEN P STROUD ET UX | KCS MEDALLION RESOURCES INC | 12/1/2000 | 899 | 50 | 2001-401 | LA | Bienville | ||||||||||
LA-ARW0061-000 |
PHILLIP L TOWNS | JENCO RESOURCES INC | 7/17/1998 | 821 | 243 | 98-2412 | LA | Bienville | ||||||||||
LA-ARW0062-001 |
LANNIS BRACKENS ET AL | PAR MINERALS CORPORATION | 4/20/1999 | 847 | 36 | 99-1989 | LA | Bienville | ||||||||||
LA-ARW0062-002 |
EDWARD BRACKENS | PAR MINERALS CORPORATION | 4/20/1999 | 847 | 34 | 99-1988 | LA | Bienville | ||||||||||
LA-ARW0063-001 |
KIMBERLY HILL BRAGDON | PAR MINERALS CORPORATION | 4/27/1999 | 847 | 97 | 99-2018 | LA | Bienville | ||||||||||
LA-ARW0063-002 |
ANTHONY BRYANT AKA A W BRYANT | PAR MINERALS CORPORATION | 4/27/1999 | 847 | 95 | 99-2017 | LA | Bienville | ||||||||||
LA-ARW0063-003 |
BARBARA ANN HILL S/P | PAR MINERALS CORPORATION | 4/27/1999 | 847 | 129 | 99-2034 | LA | Bienville | ||||||||||
LA-ARW0063-004 |
TODD J HILL S/P | PAR MINERALS CORPORATION | 4/27/1999 | 847 | 99 | 99-2019 | LA | Bienville | ||||||||||
LA-ARW0063-005 |
EVELYN HILL JACKSON ET UX | PAR MINERALS CORPORATION | 4/27/1999 | 847 | 89 | 99-2014 | LA | Bienville | ||||||||||
LA-ARW0063-006 |
OREATHA HILL REYNOLDS S/P | PAR MINERALS CORPORATION | 4/27/1999 | 847 | 119 | 99-2029 | LA | Bienville | ||||||||||
LA-ARW0063-007 |
BERNICE HILL WATSON S/P | PAR MINERALS CORPORATION | 4/27/1999 | 847 | 123 | 99-2031 | LA | Bienville | ||||||||||
LA-ARW0063-008 |
JERRY HILL S/P ET AL | PAR MINERALS CORPORATION | 4/27/1999 | 847 | 101 | 99-2020 | LA | Bienville | ||||||||||
LA-ARW0064-001 |
WAYNE P SUTTON | PAR MINERALS CORPORATION | 4/14/1999 | 847 | 57 | 99-1998 | LA | Bienville | ||||||||||
LA-ARW0064-002 |
LAURA J SUTTON HUNTER | PAR MINERALS CORPORATION | 4/14/1999 | 847 | 55 | 99-1997 | LA | Bienville | ||||||||||
LA-ARW0065-001 |
PAUL HARLAN ET UX | PAR MINERALS CORPORATION | 5/4/1999 | 847 | 43 | 99-1991 | LA | Bienville | ||||||||||
LA-ARW0065-002 |
MARY PYE CONDREN | PAR MINERALS CORPORATION | 5/12/1999 | 847 | 51 | 99-1995 | LA | Bienville | ||||||||||
LA-ARW0065-003 |
FRANCES PYE MCELVEEN | PAR MINERALS CORPORATION | 5/12/1999 | 847 | 49 | 99-1994 | LA | Bienville | ||||||||||
LA-ARW0065-004 |
BETTY GLEN PYE SIMON | PAR MINERALS CORPORATION | 5/12/1999 | 847 | 45 | 99-1992 | LA | Bienville | ||||||||||
LA-ARW0065-005 |
CYNTHIA PYE WHITTLE | PAR MINERALS CORPORATION | 5/12/1999 | 847 | 47 | 99-1993 | LA | Bienville | ||||||||||
LA-ARW0065-006 |
NELL PYE SWEETEN | PAR MINERALS CORPORATION | 5/12/1999 | 847 | 53 | 99-1996 | LA | Bienville | ||||||||||
LA-ARW0066-001 |
LULA B ANDERSON S/P | PAR MINERALS CORPORATION | 4/20/1999 | 847 | 73 | 99-2006 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-ARW0066-002 |
OLETHA STROMAN BELL S/P | PAR MINERALS CORPORATION | 4/12/1999 | 847 | 79 | 99-2009 | LA | Bienville | ||||||||||
LA-ARW0066-003 |
FLOYD BRYANT | PAR MINERALS CORPORATION | 5/26/1999 | 847 | 131 | 99-2035 | LA | Bienville | ||||||||||
LA-ARW0066-004 |
CHARLES BRYANT JR | PAR MINERALS CORPORATION | 5/26/1999 | 850 | 313 | 99-2606 | LA | Bienville | ||||||||||
LA-ARW0066-005 |
SYBELLINE L CHANDLER | PAR MINERALS CORPORATION | 5/24/1999 | 847 | 105 | 99-2022 | LA | Bienville | ||||||||||
LA-ARW0066-006 |
EARNESTINE HILL CLARK S/P | PAR MINERALS CORPORATION | 4/1/1999 | 847 | 77 | 99-2008 | LA | Bienville | ||||||||||
LA-ARW0066-007 |
LOU ELLA COCKERHAM | PAR MINERALS CORPORATION | 4/13/2000 | 883 | 36 | 2000-2972 | LA | Bienville | ||||||||||
LA-ARW0066-008 |
HATTIE MAE HILL COOPER S/P ET AL | PAR MINERALS CORPORATION | 4/20/1999 | 883 | 69 | 99-2004 | LA | Bienville | ||||||||||
LA-ARW0066-009 |
LONNIE DAVIS S/P ET AL | PAR MINERALS CORPORATION | 4/7/1999 | 883 | 81 | 99-2010 | LA | Bienville | ||||||||||
LA-ARW0066-010 |
A EUGENE FRAZIER | PAR MINERALS CORPORATION | 4/22/1999 | 883 | 93 | 99-2016 | LA | Bienville | ||||||||||
LA-ARW0066-011 |
ELBERT GIPSON | PAR MINERALS CORPORATION | 6/9/1999 | 850 | 315 | 99-2607 | LA | Bienville | ||||||||||
LA-ARW0066-012 |
JOHN L GIPSON | PAR MINERALS CORPORATION | 6/9/1999 | 883 | 46 | 2000-2977 | LA | Bienville | ||||||||||
LA-ARW0066-013 |
ORA SANDERS GREEN | PAR MINERALS CORPORATION | 4/13/1999 | 847 | 59 | 99-1999 | LA | Bienville | ||||||||||
LA-ARW0066-014 |
ARTHUR RAY HARDY S/P | PAR MINERALS CORPORATION | 4/24/1999 | 847 | 111 | 99-2025 | LA | Bienville | ||||||||||
LA-ARW0066-015 |
OLA L HARRIS S/P | PAR MINERALS CORPORATION | 4/20/1999 | 847 | 65 | 99-2002 | LA | Bienville | ||||||||||
LA-ARW0066-016 |
BOBBY JOE HILL S/P | PAR MINERALS CORPORATION | 3/16/2000 | 883 | 38 | 2000-2973 | LA | Bienville | ||||||||||
LA-ARW0066-017 |
SANDRA GAIL HILL S/P | PAR MINERALS CORPORATION | 4/15/1999 | 847 | 109 | 99-2024 | LA | Bienville | ||||||||||
LA-ARW0066-018 |
WILLIAM HILL S/P | PAR MINERALS CORPORATION | 4/17/1999 | 847 | 83 | 99-2011 | LA | Bienville | ||||||||||
LA-ARW0066-019 |
T W HILL S/P | PAR MINERALS CORPORATION | 4/17/1999 | 847 | 107 | 99-2023 | LA | Bienville | ||||||||||
LA-ARW0066-020 |
WILLIAM M HILL S/P | PAR MINERALS CORPORATION | 4/7/1999 | 847 | 85 | 99-2012 | LA | Bienville | ||||||||||
LA-ARW0066-021 |
ANNIE MAE LYLES S/P | PAR MINERALS CORPORATION | 4/10/2000 | 828 | 225 | 2000-2398 | LA | Bienville | ||||||||||
LA-ARW0066-022 |
BERNICE JOHNSON S/P | PAR MINERALS CORPORATION | 4/7/1999 | 847 | 75 | 99-2007 | LA | Bienville | ||||||||||
LA-ARW0066-023 |
JUDGE HILL III S/P | PAR MINERALS CORPORATION | 3/16/2000 | 883 | 48 | 2000-2978 | LA | Bienville | ||||||||||
LA-ARW0066-024 |
JOHN HILL S/P ET AL | PAR MINERALS CORPORATION | 5/8/1999 | 47 | 113 | 99-2026 | LA | Bienville | ||||||||||
LA-ARW0066-025 |
JOHN MOORE JR | PAR MINERALS CORPORATION | 5/24/1999 | 847 | 103 | 99-2021 | LA | Bienville | ||||||||||
LA-ARW0066-026 |
RILEY MURPHY | PAR MINERALS CORPORATION | 6/10/1999 | 847 | 125 | 99-2032 | LA | Bienville | ||||||||||
LA-ARW0066-027 |
CURTIS L MURPHY SR | PAR MINERALS CORPORATION | 6/10/1999 | 847 | 121 | 99-2030 | LA | Bienville | ||||||||||
LA-ARW0066-028 |
LIZA MURPHY NELSON | PAR MINERALS CORPORATION | 6/10/1999 | 847 | 127 | 99-2033 | LA | Bienville | ||||||||||
LA-ARW0066-029 |
RUTH LEE NEWMAN | PAR MINERALS CORPORATION | 5/24/1999 | 847 | 117 | 99-2028 | LA | Bienville | ||||||||||
LA-ARW0066-030 |
BARBARA ANN PEOPLES S/P | PAR MINERALS CORPORATION | 5/8/1999 | 847 | 115 | 99-2027 | LA | Bienville | ||||||||||
LA-ARW0066-031 |
J W SANDERS JR S/P | PAR MINERALS CORPORATION | 4/12/1999 | 847 | 87 | 99-2013 | LA | Bienville | ||||||||||
LA-ARW0066-032 |
LINDA HILL SNEED S/P | PAR MINERALS CORPORATION | 3/12/2000 | 883 | 28 | 2000-2968 | LA | Bienville | ||||||||||
LA-ARW0066-033 |
VIDELURE H STRINGFELLOW S/P | PAR MINERALS CORPORATION | 4/15/1999 | 847 | 91 | 99-2015 | LA | Bienville | ||||||||||
LA-ARW0066-034 |
DIMP ST ROMAN S/P | PAR MINERALS CORPORATION | 4/15/1999 | 847 | 61 | 99-2000 | LA | Bienville | ||||||||||
LA-ARW0066-035 |
JETHRO STROMAN S/P | PAR MINERALS CORPORATION | 4/15/1999 | 847 | 63 | 99-2001 | LA | Bienville | ||||||||||
LA-ARW0066-036 |
JOHN S TURNER JR S/P | PAR MINERALS CORPORATION | 3/20/2000 | 883 | 32 | 2000-2970 | LA | Bienville | ||||||||||
LA-ARW0066-037 |
BRENDA JOYCE HILL WARE S/P ET AL | PAR MINERALS CORPORATION | 4/17/1999 | 878 | 221 | 2000-2396 | LA | Bienville | ||||||||||
LA-ARW0066-038 |
GEORGIA H WASHINGTON S/P | PAR MINERALS CORPORATION | 4/18/1999 | 847 | 71 | 99-2005 | LA | Bienville | ||||||||||
LA-ARW0066-039 |
ETHEL MAE WILLIS S/P | PAR MINERALS CORPORATION | 4/10/2000 | 883 | 30 | 2000-2969 | LA | Bienville | ||||||||||
LA-ARW0066-040 |
ESSIE H WINZER S/P | PAR MINERALS CORPORATION | 4/20/1999 | 847 | 67 | 99-2003 | LA | Bienville | ||||||||||
LA-ARW0066-041 |
BOBBY RAY PEOPLES S/P | PAR MINERALS CORPORATION | 11/30/2000 | 952 | 968 | 2002-3533 | LA | Bienville | ||||||||||
LA-ARW0066-042 |
LESTER RAY SANDERS S/P | PAR MINERALS CORPORATION | 12/4/2000 | 952 | 962 | 2002-3530 | LA | Bienville | ||||||||||
LA-ARW0066-043 |
JOHN BRYANT III S/P | PAR MINERALS CORPORATION | 5/30/2000 | 889 | 112 | 2000-3792 | LA | Bienville | ||||||||||
LA-ARW0066-044 |
MONICA ELDER S/P | PAR MINERALS CORPORATION | 5/30/2000 | 952 | 960 | 2002-3529 | LA | Bienville | ||||||||||
LA-ARW0066-045 |
LEO BRYANT AKA LEO L BRYANT S/P | PAR MINERALS CORPORATION | 5/30/2000 | 952 | 958 | 2002-3528 | LA | Bienville | ||||||||||
LA-ARW0066-046 |
EMMA LEE QUALLS S/P | PAR MINERALS CORPORATION | 4/10/2000 | 878 | 229 | 2000-2400 | LA | Bienville | ||||||||||
LA-ARW0066-047 |
EUGENE HARDY S/P | PAR MINERALS CORPORATION | 5/18/2000 | 878 | 227 | 2000-2399 | LA | Bienville | ||||||||||
LA-ARW0066-048 |
JOHN D BRYANT JR S/P | PAR MINERALS CORPORATION | 5/30/2000 | 883 | 42 | 2000-2975 | LA | Bienville | ||||||||||
LA-ARW0066-049 |
JOHN W HILL S/P | PAR MINERALS CORPORATION | 8/29/2000 | 887 | 126 | 2000-3535 | LA | Bienville | ||||||||||
LA-ARW0067-000 |
BETTY WOODARD EVANS | PAR MINERALS CORPORATION | 3/12/1999 | 847 | 32 | 99-1987 | LA | Bienville | ||||||||||
LA-BCR0001-000 |
GEORGE D PIPES ET AL | C H MURPHY JR | 10/22/1947 | 171 | 48 | 14317 | LA | Bienville | ||||||||||
LA-BCR0002-001 |
HODGE-HUNT LUMBER CO | C H MURPHY JR | 4/28/1948 | 174 | 128 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-BCR0003-000 |
ANGELA R. VOIVEDICH REVOCABLE TRUST OF 1999 | ANADARKO PETROLEUM CORPORATION | 5/14/2005 | 2005-5023 | LA | Bienville | ||||||||||||
LA-BCR0004-000 |
DAVIS BROTHERS, AGENTS | DAVIS BROTHERS AGENTS | 4/21/2008 | 2008-1787 | LA | Bienville | ||||||||||||
LA-CTR0001-001 |
KINGFISHER RESOURCES INC | STRAT LAND EXPL CO | 1/27/2004 | 969 | 256 | LA | Bienville | |||||||||||
LA-CTR0001-002 |
HUNT PETROLEUM CORPORATION | STRAT LAND EXPL CO | 12/9/2002 | 954 | 886 | LA | Bienville | |||||||||||
LA-CTR0001-003 |
PETRO-HUNT LLC | STRAT LAND EXPL CO | 1/14/2003 | 955 | 159 | LA | Bienville | |||||||||||
LA-CTR0002-001 |
NELWYN WHITLEY HAWKINS | STRAT LAND EXPL CO | 12/21/2002 | 955 | 662 | LA | Bienville | |||||||||||
LA-CTR0002-002 |
DELWYN WHITLEY PRIEST ET AL | STRAT LAND EXPL CO | 12/21/2002 | 955 | 659 | LA | Bienville | |||||||||||
FAYE H NAZON, INDIV & AS SUCCESSOR TRUSTEE | ||||||||||||||||||
UNDER THE FAYE H NAZON DECLARATION OF TRUST | ||||||||||||||||||
LA-CTR0003-000 |
DTD 06/27/01 | STRAT LAND EXPL CO | 11/1/2002 | 955 | 791 | LA | Bienville | |||||||||||
WEYERHAEUSER COMPANY | ||||||||||||||||||
LA-CTR0004-000 |
BY DAVID L GODWIN DIRECTOR MINERAL RESOURCES | STRAT LAND EXPL CO | 9/29/2004 | 2005-1536 | LA | Bienville | ||||||||||||
2008-1235 | ||||||||||||||||||
LA-LBH0001-001 |
WEYERHAEUSER COMPANY | PLANTATION OPERATING LLC | 1/8/2008 | 20112282 | LA | Bienville | ||||||||||||
2008-0389 | ||||||||||||||||||
LA-LBH0001-002 |
WEYERHAEUSER COMPANY | PLANTATION OPERATING LLC | 1/8/2008 | 20112283 | LA | Bienville | ||||||||||||
2007-2924 | ||||||||||||||||||
20112302 | ||||||||||||||||||
20101854 | ||||||||||||||||||
2007-2924 | ||||||||||||||||||
LOUISIANA MINERALS LTD., A TEXAS LIMITED | 20112302 | |||||||||||||||||
LA-LBH0002-001 |
PARTNERSHIP | ANADARKO PETROLEUM CORPORATION | 5/14/2007 | 20101854 | LA | Bienville | ||||||||||||
2008-1625 | ||||||||||||||||||
LA-LBH0002-002 |
KENNETH R HOLLEY S/P | TAGCO INC | 3/12/2008 | 20081625 | LA | Bienville | ||||||||||||
MARY E. MCILWAIN JOHNSON | 2008-1628 | |||||||||||||||||
LA-LBH0002-003 |
S/P | TAGCO INC | 3/12/2008 | 2008-1628 | LA | Bienville | ||||||||||||
LANE ALLISON SEIBERT LARSON | 2008-1630 | |||||||||||||||||
LA-LBH0002-004 |
S/P | TAGCO INC | 3/11/2008 | 2008-1630 | LA | Bienville | ||||||||||||
2008-1631 | ||||||||||||||||||
LA-LBH0002-005 |
MARY LOIS FLEMING MCILWAIN S/P | TAGCO INC | 2/20/2008 | 2008-1631 | LA | Bienville | ||||||||||||
2008-1629 | ||||||||||||||||||
LA-LBH0002-006 |
JOHN C. KRONER, IV, S/P | TAGCO INC | 3/18/2008 | 2008-1629 | LA | Bienville | ||||||||||||
MARGARET H. MOORE REVOCABLE TRUST, BY | 2008-1633 | |||||||||||||||||
LA-LBH0002-007 |
MARGARET H. MOORE, TRUSTEE | TAGCO INC | 3/18/2008 | 2008-1633 | LA | Bienville | ||||||||||||
2008-1632 | ||||||||||||||||||
LA-LBH0002-008 |
LISA KRONER MILLER, S/P | TAGCO INC | 3/1/2008 | 2008-1632 | LA | Bienville | ||||||||||||
2008-2957 | ||||||||||||||||||
LA-LBH0002-009 |
T. HUNT PAYNE, S/P | TAGCO INC | 6/3/2008 | 2008-2957 | LA | Bienville | ||||||||||||
2008-1637 | ||||||||||||||||||
LA-LBH0002-010 |
SUSAN ALCIE SEIBERT MULLINS | TAGCO INC | 3/11/2008 | 2008-1637 | LA | Bienville | ||||||||||||
JOHN T. PAYNE, A SINGLE MAN DEALING WITH HIS | ||||||||||||||||||
LA-LBH0002-011 |
SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1639 | LA | Bienville | ||||||||||||
2008-2958 | ||||||||||||||||||
LA-LBH0002-012 |
JOSEPH FRANCOIS PECARRERE, SR., A WIDOWER | TAGCO INC | 3/25/2008 | 2008-2958 | LA | Bienville | ||||||||||||
2008-1626 | ||||||||||||||||||
LA-LBH0002-013 |
NANCY HOLLEY HORTON, S/P | TAGCO INC | 3/12/2008 | 2008-1626 | LA | Bienville | ||||||||||||
ALBERT J. HOLLEY, JR., DEALING WITH HIS SEPARATE | 2008-1624 | |||||||||||||||||
LA-LBH0002-014 |
PROPERTY | TAGCO INC | 3/19/2008 | 2008-1624 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
JANE FLEMING PANCHERI, A MARRIED PERSON | ||||||||||||||||||
LA-LBH0002-015 |
DEALING WITH HER SEPARATE PROPERTY | TAGCO INC | 3/12/2008 | 2008-1638 | LA | Bienville | ||||||||||||
THOMAS M. HUNT, WIDOWER OF ADELAIDE | ||||||||||||||||||
LA-LBH0002-016 |
MURDOCK HUNT | TAGCO INC | 2/7/2008 | LA | Bienville | |||||||||||||
DANNY C. BAIRD, A MARRIED PERSON DEALING WITH | ||||||||||||||||||
LA-LBH0002-017 |
HIS SEPARATE PROPERTY | TAGCO INC | 3/1/2008 | 2008-1609 | LA | Bienville | ||||||||||||
MARY HUNT BOUTWELL, A MARRIED PERSON | ||||||||||||||||||
LA-LBH0002-018 |
DEALING WITH HER SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1611 | LA | Bienville | ||||||||||||
JULIA M. KRONER ADAMS, A MARRIED PERSON | ||||||||||||||||||
LA-LBH0002-019 |
DEALING WITH HER SEPARATE PROPERTY | TAGCO INC | 3/1/2008 | 2008-1608 | LA | Bienville | ||||||||||||
JAYNE HODGE BLACK, A MARRIED PERSON DEALING | ||||||||||||||||||
LA-LBH0002-020 |
WITH HER SEPARATE PROPERTY | TAGCO INC | 3/12/2008 | 2008-1610 | LA | Bienville | ||||||||||||
ANN TURBEVILLE CAMPBELL, A MARRIED PERSON | ||||||||||||||||||
LA-LBH0002-021 |
DEALING WITH HER SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1612 | LA | Bienville | ||||||||||||
CAROLYN HODGE TURNER, A MARRIED PERSON | ||||||||||||||||||
LA-LBH0002-022 |
DEALING WITH HER SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1652 | LA | Bienville | ||||||||||||
LA-LBH0002-023 |
MICHELLE BETH SLUNG, A SINGLE PERSON | TAGCO INC | 3/12/2008 | 2008-1644 | LA | Bienville | ||||||||||||
MARY MARGARET HODGE SOUR, A WIDOW, DEALING | ||||||||||||||||||
LA-LBH0002-024 |
WITH HER SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1648 | LA | Bienville | ||||||||||||
MARSHA FLEMING EATHERTON, A MARRIED PERSON | ||||||||||||||||||
LA-LBH0002-025 |
DEALING WITH HER SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1617 | LA | Bienville | ||||||||||||
ROBERT HODGE TURBEVILLE, A MARRIED PERSON | ||||||||||||||||||
LA-LBH0002-026 |
DEALING WITH HIS SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1651 | LA | Bienville | ||||||||||||
MARY JAYNE TURBEVILLE FOGERTY, A MARRIED | ||||||||||||||||||
LA-LBH0002-027 |
PERSON | TAGCO INC | 2/20/2008 | 2008-1620 | LA | Bienville | ||||||||||||
DARNELL HOLDINGS, LLC, BY JULIA TURBEVILLE | ||||||||||||||||||
LA-LBH0002-028 |
DARNELL, MANAGER | TAGCO INC | 2/20/2008 | 2008-1613 | LA | Bienville | ||||||||||||
JOHN M. SOUR, A MARRIED PERSON DEALING WITH | ||||||||||||||||||
LA-LBH0002-029 |
HIS SEPARATE PROPERTY | TAGCO INC | 3/1/2008 | 2008-1646 | LA | Bienville | ||||||||||||
KATHLEEN FERGUSON HART, A SINGLE PERSON | ||||||||||||||||||
LA-LBH0002-030 |
DEALING WITH HER SEPARATE PROPERTY | TAGCO INC | 3/12/2008 | 2008-2162 | LA | Bienville | ||||||||||||
ESTHER H. WELCH, A MARRIED PERSON DEALING | ||||||||||||||||||
LA-LBH0002-031 |
WITH HER SEPARATE PROPERTY | TAGCO INC | 3/12/2008 | 2008-1654 | LA | Bienville | ||||||||||||
THOMAS FINCH, DEALING WITH HIS SEPARATE | ||||||||||||||||||
LA-LBH0002-032 |
PROPERTY | TAGCO INC | 3/12/2008 | 2008-1619 | LA | Bienville | ||||||||||||
LA-LBH0002-033 |
DEREK WILLIAM SEIBERT, SINGLE | TAGCO INC | 3/11/2008 | 2008-1642 | LA | Bienville | ||||||||||||
LA-LBH0002-034 |
JOHN A. HICKMAN, SINGLE | TAGCO INC | 3/12/2008 | 2008-1623 | LA | Bienville | ||||||||||||
LA-LBH0002-035 |
MELISSA K. MCILWAIN STARLING | TAGCO INC | 3/12/2008 | 2008-1649 | LA | Bienville | ||||||||||||
LA-LBH0002-036 |
ERIC JOHN SEIBERT, SINGLE | TAGCO INC | 3/11/2008 | 2008-1643 | LA | Bienville | ||||||||||||
JOHN GLASSELL, III, TESTAMENTARY TRUST, BY | ||||||||||||||||||
LA-LBH0002-037 |
CAROLYN HODGE TURNER AS TRUSTEE | TAGCO INC | 2/20/2008 | 2008-1621 | LA | Bienville | ||||||||||||
BENJAMIN NEWTON HARGIS, SEPARATE PROPERTY, | ||||||||||||||||||
LA-LBH0002-038 |
SUSAN FRANCIS HARGIS | TAGCO INC | 3/14/2008 | 2008-1622 | LA | Bienville | ||||||||||||
HARRY B. FLEMING, IV, A MARRIED PERSON DEALING | ||||||||||||||||||
LA-LBH0002-039 |
WITH HIS SEPARATE PROPERTY | TAGCO INC | 3/12/2008 | 2008-2951 | LA | Bienville | ||||||||||||
STEWART HUNT, A MARRIED PERSON DEALING WITH | ||||||||||||||||||
LA-LBH0002-040 |
HIS SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1627 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
COMADORA MILLARD FERGUSON, JR., DEALING WITH | ||||||||||||||||||
LA-LBH0002-041 |
HIS SEPARATE PROPERTY | TAGCO INC | 3/12/2008 | 2008-1618 | LA | Bienville | ||||||||||||
LUCY HUNT DETERDING, A MARRIED PERSON DEALING | ||||||||||||||||||
LA-LBH0002-042 |
WITH HER SEPARATE PROPERTY | TAGCO INC | 2/20/2008 | 2008-1614 | LA | Bienville | ||||||||||||
TRACY FINCH CAIN, A MARRIED PERSON DEALING | ||||||||||||||||||
LA-LBH0002-043 |
WITH HER SEPARATE PROPERTY | TAGCO INC | 3/12/2008 | 2008-4304 | LA | Bienville | ||||||||||||
ROBERT BATT DAVIS, REVOCABLE TRUST, BY ROBERT | ||||||||||||||||||
LA-LBH0002-044 |
BATT DAVIS, JR., TRUSTEE | TAGCO INC | 3/12/2008 | 2008-1641 | LA | Bienville | ||||||||||||
LA-LBH0002-045 |
RICHARD L. DUBBS, A WIDOWER | TAGCO INC | 3/12/2008 | 2008-1615 | LA | Bienville | ||||||||||||
JPMORGAN CHASE FOUNDATION OF NORTHWEST | ||||||||||||||||||
LA-LBH0002-046 |
LOUISIANA, JPMORGAN CHASE BANK, N.A., TRUSTEE | TAGCO INC | 4/4/2008 | 2008-2955 | LA | Bienville | ||||||||||||
LA-LBH0002-047 |
JOAN L. WARREN, A WIDOW | TAGCO INC | 3/19/2008 | 2008-1653 | LA | Bienville | ||||||||||||
RUBY HOLLEY PETERSON, A MARRIED PERSON | ||||||||||||||||||
LA-LBH0002-048 |
DEALING WITH HER SEPARATE PROPERTY | TAGCO INC | 3/12/2008 | 2008-1640 | LA | Bienville | ||||||||||||
LA-LBH0002-049 |
LEWIS HAMILTON EATHERTON, III | TAGCO INC | 3/12/2008 | 2008-1616 | LA | Bienville | ||||||||||||
EDWIN W. SOUR, MARRIED AND DEALING WITH HIS | ||||||||||||||||||
LA-LBH0002-050 |
SEPARATE PROPERTY | TAGCO INC | 3/1/2008 | 2008-1645 | LA | Bienville | ||||||||||||
LA-LBH0002-051 |
MARGARET STACY SOUR, A SINGLE WOMAN | TAGCO INC | 3/1/2008 | 2008-1647 | LA | Bienville | ||||||||||||
LA-LBH0002-052 |
FRANK FINCH | FRANK FINCH | 9/29/2008 | 2009-0822 | LA | Bienville | ||||||||||||
LA-LBH0002-053 |
TIMOTHY FINCH | TAGCO INC | 9/29/2008 | 2009-1812 | LA | Bienville | ||||||||||||
CHARLES C. MOORE III, A MARRIED PERSON DEALING | ||||||||||||||||||
LA-LBH0002-054 |
WITH HIS SEPARATE PROPERTY | TAGCO INC | 3/18/2008 | 2008-1634 | LA | Bienville | ||||||||||||
CHESTER HALL MOORE, A MARRIED PERSON DEALING | ||||||||||||||||||
LA-LBH0002-055 |
WITH HIS SEPARATE PROPERTY | TAGCO INC | 3/18/2008 | 2008-2161 | LA | Bienville | ||||||||||||
CLIFTON S. MOORE, A MARRIED PERSON DEALING | ||||||||||||||||||
LA-LBH0002-056 |
WITH HIS SEPARATE PROPERTY | TAGCO INC | 3/18/2008 | 2008-1635 | LA | Bienville | ||||||||||||
LA-LBH0002-057 |
MARGARET E. MOORE, A SINGLE PERSON | TAGCO INC | 3/18/2008 | 2008-1636 | LA | Bienville | ||||||||||||
LOUISIANA MINERALS LTD., A TEXAS LIMITED | ||||||||||||||||||
LA-LBH0002-058 |
PARTNERSHIP | ANADARKO PETROLEUM CORPORATION | 5/13/2006 | 2006-2608 | LA | Bienville | ||||||||||||
LA-LBH0002-059 |
THOMAS HARLAN FINCH, JR. | GOLDSTON OIL CORPORATION | 7/31/2008 | 2008-5371 | LA | Bienville | ||||||||||||
JOAN L. WARREN, WIDOW OF JAMES BENJAMIN | ||||||||||||||||||
LA-LBH0002-060 |
WARREN; J. BENJAMIN WARREN, JR | TAPPER RESOURCES INC | 10/31/2008 | 2008-5009 | LA | Bienville | ||||||||||||
LA-LBH0002-061 |
MARGARET H. MOORE, WIDOW OF CHARLES C. MOOR GOLDSTON OIL CORPORATION | 6/5/2008 | 2008-3142 | LA | Bienville | |||||||||||||
LA-LBH0002-062 |
SHELIA M. HOLLEY ALSUP, A SINGLE WOMAN | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-4744 | LA | Bienville | ||||||||||||
LA-LBH0002-063 |
MARTHA N. SURLINE, WIFE OF HARRY D. SURLINE | GOLDSTON OIL CORPORATION | 5/19/2008 | 2008-3986 | LA | Bienville | ||||||||||||
LA-LBH0002-064 |
TRACY FINCH CAIN, WIFE OF JOHN M. CAIN | GOLDSTON OIL CORPORATION | 7/31/2008 | 2008-3985 | LA | Bienville | ||||||||||||
LA-LBH0002-065 |
JOHN A. HICKMAN, SINGLE | GOLDSTON OIL CORPORATION | 8/4/2008 | 2008-3984 | LA | Bienville | ||||||||||||
JPMORGAN CHASE FOUNDATION OF NORTHWEST | ||||||||||||||||||
LA-LBH0002-066 |
LOUISIANA | GOLDSTON OIL CORPORATION | 7/7/2008 | 2008-3307 | LA | Bienville | ||||||||||||
LA-LBH0002-067 |
HARRY B. FLEMING, HUSBAND OF GAYLE F. FLEMING | GOLDSTON OIL CORPORATION | 5/22/2008 | 2008-3148 | LA | Bienville | ||||||||||||
MARY E. MCILWAIN JOHNSON, WIFE OF JOHN L. | ||||||||||||||||||
LA-LBH0002-068 |
JOHNSON | GOLDSTON OIL CORPORATION | 2/11/2008 | 2008-3147 | LA | Bienville | ||||||||||||
BENJAMIN N. HARGIS, SUSAN FRANCES HARGIS, JOHN | ||||||||||||||||||
LA-LBH0002-069 |
GOLDING THOMPSON, III | GOLDSTON OIL CORPORATION | 5/21/2008 | 2008-2622 | LA | Bienville | ||||||||||||
LA-LBH0002-070 |
DEREK WILLIAM SEIBERT, SINGLE | GOLDSTON OIL CORPORATION | 5/23/2008 | 2008-2621 | LA | Bienville | ||||||||||||
LA-LBH0002-071 |
CARO P. DOUGHTY, WIFE OF SEVERN C. DOUGHTY | GOLDSTON OIL CORPORATION | 5/20/2008 | 2008-2620 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
SUSAN ALICE SEIBERT MULLINS, WIFE OF BRIAN | ||||||||||||||||||
LA-LBH0002-072 |
MULLINS | GOLDSTON OIL CORPORATION | 5/23/2008 | 2008-2619 | LA | Bienville | ||||||||||||
LA-LBH0002-073 |
MELISSA K. STARLING, SINGLE | GOLDSTON OIL CORPORATION | 5/22/2008 | 2008-2618 | LA | Bienville | ||||||||||||
LA-LBH0002-074 |
DANNY C. BAIRD, HUSBAND OF GERALDINE R. BAIRD | GOLDSTON OIL CORPORATION | 5/22/2008 | 2008-2617 | LA | Bienville | ||||||||||||
LA-LBH0002-075 |
ESTHER W. WELCH, WIFE OF KENNETH WELCH | GOLDSTON OIL CORPORATION | 5/22/2008 | 2008-2616 | LA | Bienville | ||||||||||||
THOMAS M. HUNT, WIDOWER OF ADELAIDE | ||||||||||||||||||
LA-LBH0002-076 |
MURDOCK HUNT | GOLDSTON OIL CORPORATION | 1/7/2008 | 2008-2278 | LA | Bienville | ||||||||||||
JULIA M. KRONER ADAMS, WIFE OF JOHN W. ADAMS, | ||||||||||||||||||
LA-LBH0002-077 |
DEALING IN HER SEPARATE PROPERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2233 | LA | Bienville | ||||||||||||
JOHN M. SOUR, HUSBAND OF TERRI JEAN BROOKS | ||||||||||||||||||
LA-LBH0002-078 |
SOUR | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2232 | LA | Bienville | ||||||||||||
MARY MARGARET HODGE SOUR, WIDOW OF ARTHUR | ||||||||||||||||||
LA-LBH0002-079 |
W. SOUR, JR. | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2231 | LA | Bienville | ||||||||||||
LA-LBH0002-080 |
THE JOHN GLASSELL, III, TESTAMENTARY TRUST | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2230 | LA | Bienville | ||||||||||||
CAROLYN HODGE TURNER, WIFE OF JOHN S. TURNER, | ||||||||||||||||||
LA-LBH0002-081 |
DEALING IN HER SEPARATE PROPERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2229 | LA | Bienville | ||||||||||||
LISA KRONER MILLER, DEALING IN HER SEPARATE | ||||||||||||||||||
LA-LBH0002-082 |
PROPERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2228 | LA | Bienville | ||||||||||||
LA-LBH0002-083 |
EDWIN W. SOUR, HUSBAND OF DORA MURPHY SOUR | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2227 | LA | Bienville | ||||||||||||
LA-LBH0002-084 |
MARGARET STACY SOUR, A SINGLE WOMAN | GOLDSTON OIL CORPORATION | 2/4/2008 | LA | Bienville | |||||||||||||
LA-LBH0002-085 |
ERIK JOHN SEIBERT, A SINGLE MAN | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2223 | LA | Bienville | ||||||||||||
LA-LBH0002-086 |
JOHN C. KRONER, IV, A SINGLE MAN | GOLDSTON OIL CORPORATION | 2/11/2008 | 2008-2222 | LA | Bienville | ||||||||||||
LA-LBH0002-087 |
MARY HUNT BOUTWELL, WIFE OF STEVE BOUTWELL | GOLDSTON OIL CORPORATION | 2/18/2008 | 2008-2221 | LA | Bienville | ||||||||||||
STEWART HUNT, HUSBAND OF KARLA HUNT, HEREIN | ||||||||||||||||||
LA-LBH0002-088 |
DEALING WITH HIS SEPARATE PROPERTY | GOLDSTON OIL CORPORATION | 2/18/2008 | 2008-2220 | LA | Bienville | ||||||||||||
LUCY HUNT DETERDING, WIFE OF JOHN C. DETERDING, | ||||||||||||||||||
LA-LBH0002-089 |
JR | GOLDSTON OIL CORPORATION | 2/18/2008 | 2008-2219 | LA | Bienville | ||||||||||||
MARY JAYNE TURBEVILLE FOGERTY, WIFE OF BRUCE | ||||||||||||||||||
LA-LBH0002-090 |
FOGERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2218 | LA | Bienville | ||||||||||||
DOROTHY HELEN MILLER SLUNG, WIDOW OF RAFAEL | ||||||||||||||||||
LA-LBH0002-091 |
SLUNG | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2217 | LA | Bienville | ||||||||||||
JANE HODGE BLACK, WIFE OF ACE BLACK, DEALING IN | ||||||||||||||||||
LA-LBH0002-092 |
HER SEPARATE PROPERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2216 | LA | Bienville | ||||||||||||
COMADORA MILLARD FERGUSON, JR., HUSBAND OF | ||||||||||||||||||
LA-LBH0002-093 |
JO ELLEN GAVIN FERGUSON | GOLDSTON OIL CORPORATION | 2/11/2008 | 2008-2215 | LA | Bienville | ||||||||||||
LA-LBH0002-094 |
MICHELE BETH SLUNG, A SINGLE WOMAN | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2214 | LA | Bienville | ||||||||||||
RICHARD L. DUBBS, WIDOWER OF MARY E. HOLLEY | ||||||||||||||||||
LA-LBH0002-095 |
DUBBS | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2213 | LA | Bienville | ||||||||||||
LA-LBH0002-096 |
ALBERT J. HOLLEY, JR., HUSBAND OF SUSAN HOLLEY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2212 | LA | Bienville | ||||||||||||
T. HUNT PAYNE, HUSBAND OF VICKIE BESCOE PAYNE, | ||||||||||||||||||
LA-LBH0002-097 |
DEALING IN HIS SEPARATE PROPERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2211 | LA | Bienville | ||||||||||||
RUBY H. PETERSON, WIFE OF RICHARD L. PETERSON, | ||||||||||||||||||
LA-LBH0002-098 |
DEALING IN HER SEPARATE PROPERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2210 | LA | Bienville | ||||||||||||
ANN TURBEVILLE CAMPBELL, WIFE OF MICHAEL | ||||||||||||||||||
LA-LBH0002-099 |
CAMPBELL | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2209 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
DARNELL HOLDINGS, LLC, A LOUISIANA LIMITED | ||||||||||||||||||
LA-LBH0002-100 |
LIABILITY COMPANY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2208 | LA | Bienville | ||||||||||||
ROBERT BATT DAVIS, JR., REVOCABLE TRUST DATED | ||||||||||||||||||
LA-LBH0002-101 |
SEPTEMBER 13, 1999 | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2207 | LA | Bienville | ||||||||||||
LA-LBH0002-102 |
JOHN T. PAYNE, A SINGLE MAN | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2206 | LA | Bienville | ||||||||||||
LA-LBH0002-103 |
MARY LOIS FLEMING MCILWAIN, A SINGLE WOMAN | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2205 | LA | Bienville | ||||||||||||
KENNETH R. HOLLEY, HUSBAND OF ALCIE BROWER | ||||||||||||||||||
LA-LBH0002-104 |
HOLLEY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2204 | LA | Bienville | ||||||||||||
NANCY HOLLEY HORTON, WIFE OF HERMAN H. | ||||||||||||||||||
LA-LBH0002-105 |
HORTON | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2203 | LA | Bienville | ||||||||||||
ROBERT HODGE TURBEVILLE, HUSBAND OF MARYY | ||||||||||||||||||
LA-LBH0002-106 |
ANN H. TURBEVILLE | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2202 | LA | Bienville | ||||||||||||
KATHLEEN FERGUSON HART, DEALING HEREIN WITH | ||||||||||||||||||
LA-LBH0002-107 |
HER SEPARATE PROPERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2197 | LA | Bienville | ||||||||||||
MARSHA FLEMING EATHERTON AND LEWIS | ||||||||||||||||||
LA-LBH0002-108 |
HAMILTON EATHERTON, WIFE AND HUSBAND | GOLDSTON OIL CORPORATION | 1/7/2008 | 2008-2195 | LA | Bienville | ||||||||||||
LANE ALLISON SEIBERT LARSON, A MARRIED WOMAN, | ||||||||||||||||||
LA-LBH0002-109 |
DEALING IN HER SEPARATE PROPERTY | GOLDSTON OIL CORPORATION | 2/4/2008 | 2008-2194 | LA | Bienville | ||||||||||||
LA-LBH0002-110 |
MARGARET E. MOORE, A SINGLE WOMAN, | GOLDSTON OIL CORPORATION | 6/5/2008 | 2008-3143 | LA | Bienville | ||||||||||||
CLIFTON S. MOORE, HUSBAND OF JEANETTE M. | ||||||||||||||||||
LA-LBH0002-111 |
MOORE | GOLDSTON OIL CORPORATION | 6/5/2008 | 2008-3144 | LA | Bienville | ||||||||||||
CHESTER HALL MOORE, HUSBAND OF LAURA LEA M. | ||||||||||||||||||
LA-LBH0002-112 |
MOORE | GOLDSTON OIL CORPORATION | 6/5/2008 | 2008-3306 | LA | Bienville | ||||||||||||
CHARLES C. MOORE III, HUSBAND OF MICHELLE T. | ||||||||||||||||||
LA-LBH0002-113 |
MOORE | GOLDSTON OIL CORPORATION | 6/5/2008 | 2008-3983 | LA | Bienville | ||||||||||||
4974 | ||||||||||||||||||
LA-LBH0002-114 |
SHELIA M HOLLEY ALSUP | TAGCO INC | 9/26/2008 | 4974 | LA | Bienville | ||||||||||||
4998 | ||||||||||||||||||
LA-LBH0002-115 |
MARTHA JEAN NORRIS SURLINE | TAGCO INC | 9/26/2008 | 4998 | LA | Bienville | ||||||||||||
LA-LBH0003-001 |
CHARLES A. HARRISON, JR | ANADARKO PETROLEUM CORPORATION | 6/22/2005 | LA | Bienville | |||||||||||||
LA-LBH0003-002 |
HARRISON-SMITH PROPERTIES, LLC | ANADARKO PETROLEUM CORPORATION | 4/1/2005 | LA | Bienville | |||||||||||||
SARAH JANE H. GREER, DEALING WITH SEPARATE AND | ||||||||||||||||||
LA-LBH0003-003 |
PARAPHERNAL PROPERTY | CSC INTERESTS INC | 4/9/2003 | LA | Bienville | |||||||||||||
O DELTON HARRISON, DEALING HEREIN WITH HIS | ||||||||||||||||||
LA-LBH0003-004 |
SEPARATE PROPERTY | ANADARKO PETROLEUM CORPORATION | 5/3/2005 | LA | Bienville | |||||||||||||
ADELAIDE H. SMITH, DEALING HEREIN WITH HER | ||||||||||||||||||
LA-LBH0003-005 |
SEPARATE PROPERTY | ANADARKO PETROLEUM CORPORATION | 5/3/2005 | LA | Bienville | |||||||||||||
WEYERHAEUSER COMPANY, A WASHINGTON | ||||||||||||||||||
LA-LBH0004-000 |
CORPORATION | PLANTATION OPERATING LLC | 8/2/2004 | LA | Bienville | |||||||||||||
LA-LBH0005-001 |
DOROTHY HELEN MILLER SLUNG, A WIDOW | ANADARKO PETROLEUM CORPORATION | 1/18/2005 | 2005-2736 | LA | Bienville | ||||||||||||
LA-LBH0005-002 |
SUCCESSION OF ARTHUR W. SOUR, JR | ANADARKO PETROLEUM CORPORATION | 2/10/2005 | 2005-1744 | LA | Bienville | ||||||||||||
LA-LBH0005-003 |
JOY AILEEN NORRIS, A SINGLE PERSON | ANADARKO PETROLEUM CORPORATION | 4/11/2005 | 2005-3829 | LA | Bienville | ||||||||||||
LA-LBH0005-004 |
JAMES A. NORRIS, III, A SINGLE PERSON | ANADARKO PETROLEUM CORPORATION | 4/11/2005 | 2005-3828 | LA | Bienville | ||||||||||||
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-LBH0005-005 |
MARY E. HOLLEY DUBBS | ANADARKO PETROLEUM CORPORATION | 3/3/2005 | 2005-1758 | LA | Bienville | ||||||||||||
RUBY K. PETERSON, A MARRIED WOMAN, DEALING | ||||||||||||||||||
LA-LBH0005-006 |
HEREIN WITH HER SEPARATE PROPERTY | ANADARKO PETROLEUM CORPORATION | 3/3/2005 | 2005-1760 | LA | Bienville | ||||||||||||
HARRY BRADFORD FLEMING AND LUCINDA STEWART | ||||||||||||||||||
LA-LBH0005-007 |
FLEMING | ANADARKO PETROLEUM CORPORATION | 1/5/2005 | 2005-1733 | LA | Bienville | ||||||||||||
THE ONE FOUNDATION, REPRESENTED BY BANK ONE | ||||||||||||||||||
LA-LBH0005-008 |
TRUST CO. N.A., TRUSTEE | ANADARKO PETROLEUM CORPORATION | 4/5/2005 | 2005-3089 | LA | Bienville | ||||||||||||
LA-LBH0005-009 |
MARGARET STACY SOUR, A SINGLE WOMAN | ANADARKO PETROLEUM CORPORATION | 1/14/2005 | LA | Bienville | |||||||||||||
LA-LBH0005-010 |
MARY E. MCILWAIN JOHNSON, A MARRIED WOMAN | ANADARKO PETROLEUM CORPORATION | 2/28/2005 | 2005-189 | LA | Bienville | ||||||||||||
LOUISIANA MINERALS LTD., A TEXAS LIMITED | ||||||||||||||||||
LA-LBH0005-011 |
PARTNERSHIP | ANADARKO PETROLEUM CORPORATION | 5/12/2003 | LA | Bienville | |||||||||||||
KENNETH R. HOLLEY, A MARRIED MAN, DEALING | ||||||||||||||||||
LA-LBH0005-012 |
HEREIN WITH HIS SEPARATE PROPERTY | ANADARKO PETROLEUM CORPORATION | 3/3/2005 | LA | Bienville | |||||||||||||
LA-LBH0005-013 |
THOMAS HARLAN FINCH, A WIDOWER | ANADARKO PETROLEUM CORPORATION | 3/8/2005 | 2005-1749 | LA | Bienville | ||||||||||||
LA-LBH0005-014 |
SHELIA M. HOLLEY ALSUP | ANADARKO PETROLEUM CORPORATION | 3/3/2005 | 2005-1757 | LA | Bienville | ||||||||||||
LA-LBH0006-001 |
C. P. ANDERSON, HUSBAND OF ESSIE B. ANDERSON | TAPPER RESOURCES INC | 3/11/2008 | 2008-2200 | LA | Bienville | ||||||||||||
LA-LBH0006-002 |
DELLA ANDERSON LANG, WIFE OF HAWKINS LANG, JR | TAPPER RESOURCES INC | 7/4/2008 | 2008-2279 | LA | Bienville | ||||||||||||
LA-LBH0006-003 |
JAMES TYRONE ANDERSON, A SINGLE MAN | TAPPER RESOURCES INC | 7/4/2008 | 2008-2184 | LA | Bienville | ||||||||||||
LA-LBH0006-004 |
KENNETH BELTON, SINGLE | GOLDSTON OIL CORPORATION | 10/21/2008 | 2008-5370 | LA | Bienville | ||||||||||||
MICHAEL WYSINGER, SHARON WYSINGER MARSHALL, | ||||||||||||||||||
LA-LBH0006-005 |
CLIFTON WYSINGER | TAPPER RESOURCES INC | 10/28/2008 | 2008-5369 | LA | Bienville | ||||||||||||
WILLIAM J. WYSINGER, CLINTON HAROLD WYSINGER, | ||||||||||||||||||
LA-LBH0006-006 |
CARLTON WYSINGER, AND EMMETT WYSINGER | TAPPER RESOURCES INC | 10/28/2008 | 2008-5368 | LA | Bienville | ||||||||||||
DUNCAN E. WYSINGER, HUSBAND OF ANNIE | ||||||||||||||||||
LA-LBH0006-007 |
WYSINGER | TAPPER RESOURCES INC | 10/28/2008 | 2008-5367 | LA | Bienville | ||||||||||||
LA-LBH0006-008 |
KEVIN JACKSON, SINGLE | GOLDSTON OIL CORPORATION | 10/21/2008 | 2008-5012 | LA | Bienville | ||||||||||||
BARBARA BELTON, BEVERLY BELTON, RONALD | ||||||||||||||||||
LA-LBH0006-009 |
BELTON, DAVID BELTON, AND JAMES M BELTON | GOLDSTON OIL CORPORATION | 10/21/2008 | 2008-5011 | LA | Bienville | ||||||||||||
WANDA GAIL CLARK WILLIAMS, LINDA NELL CLARK | ||||||||||||||||||
LA-LBH0006-010 |
BROWN, SHEILA CLARK JONES | GOLDSTON OIL CORPORATION | 10/20/2008 | 2008-5010 | LA | Bienville | ||||||||||||
LA-LBH0006-011 |
RUTH ANDERSON HENRY, A SINGLE WOMAN | TAPPER RESOURCES INC | 4/2/2008 | 2008-2185 | LA | Bienville | ||||||||||||
LA-LBH0006-012 |
ANTONIO CORTEZ ANDERSON | TAPPER RESOURCES INC | 4/2/2008 | 2008-3146 | LA | Bienville | ||||||||||||
LA-LBH0006-013 |
ROBERT GAINES, HUSBAND OF RUTH KNOX GAINES | TAPPER RESOURCES INC | 4/2/2008 | 2008-3145 | LA | Bienville | ||||||||||||
LA-LBH0006-014 |
ARDELL CLARK, WIDOW OF JERRY CLARK | TAPPER RESOURCES INC | 4/3/2008 | 2008-2625 | LA | Bienville | ||||||||||||
DOROTHY CAMPBELL, WIDOW OF MILTON CAMPBELL, | ||||||||||||||||||
LA-LBH0006-015 |
DEALING IN HER SEPARATE PROPERTY | TAPPER RESOURCES INC | 4/3/2008 | 2008-2623 | LA | Bienville | ||||||||||||
CHARLIE RAY ANDERSON, HUSBAND OF GAIL | ||||||||||||||||||
LA-LBH0006-016 |
ANDERSON | TAPPER RESOURCES INC | 4/3/2008 | 2008-2288 | LA | Bienville | ||||||||||||
LA-LBH0006-017 |
VIRGIL J. ANDERSON, JR., ASINGLE MAN | TAPPER RESOURCES INC | 4/2/2008 | 2008-2287 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-LBH0006-018 |
AUSTIN ANDERSON, HUSBAND OF KATIE ANDERSON | TAPPER RESOURCES INC | 4/3/2008 | 2008-2286 | LA | Bienville | ||||||||||||
CLEOPHUS ANDERSON, A SINGLE MAN, DEALING | ||||||||||||||||||
LA-LBH0006-019 |
HEREIN WITH HIS SEPARATE PROPERTY | TAPPER RESOURCES INC | 4/2/2008 | 2008-2285 | LA | Bienville | ||||||||||||
MORLEE ANDERSON, HUSBAND OF ADA WHITE | ||||||||||||||||||
LA-LBH0006-020 |
ANDERSON | TAPPER RESOURCES INC | 4/2/2008 | 2008-2284 | LA | Bienville | ||||||||||||
LA-LBH0006-021 |
CHRISTINE A. JENKINS, A SINGLE WOMAN | TAPPER RESOURCES INC | 4/2/2008 | 2008-2283 | LA | Bienville | ||||||||||||
VERNON J. ANDERSON, SR., HUSBAND OF | ||||||||||||||||||
LA-LBH0006-022 |
YOWANDALYN ANDERSON | TAPPER RESOURCES INC | 4/2/2008 | 2008-2183 | LA | Bienville | ||||||||||||
LA-LBH0006-023 |
RUTH ANDERSON, WIDOW OF JOHN LEE ANDERSON | TAPPER RESOURCES INC | 4/2/2008 | 2008-2225 | LA | Bienville | ||||||||||||
LA-LBH0006-024 |
AUTHOR DESHON ANDERSON | TAPPER RESOURCES INC | 4/2/2008 | 2008-2224 | LA | Bienville | ||||||||||||
J.C. ANDERSON, A SINGLE MAN; AND NAOMI | ||||||||||||||||||
LA-LBH0006-025 |
ANDERSON HOWARD, A SINGLE WOMAN | TAPPER RESOURCES INC | 4/3/2008 | 2008-2199 | LA | Bienville | ||||||||||||
LA-LBH0006-026 |
MARY ANDERSON WILSON, A SINGLE WOMAN | TAPPER RESOURCES INC | 4/2/2008 | 2008-2193 | LA | Bienville | ||||||||||||
HELEN ANDERSON PATTERSON, WIFE OF TRULEY | ||||||||||||||||||
LA-LBH0006-027 |
PATTERSON | TAPPER RESOURCES INC | 4/3/2008 | 2008-2192 | LA | Bienville | ||||||||||||
TINA ANDERSON FERMAINT, WIFE OF JOSEPH | ||||||||||||||||||
LA-LBH0006-028 |
FERMAINT | TAPPER RESOURCES INC | 4/2/2008 | 2008-2190 | LA | Bienville | ||||||||||||
ROSIE COLEMAN, WIFE OF EUREL COLEMAN, DEALING | ||||||||||||||||||
LA-LBH0006-029 |
HEREIN WITH HER SEPARATE PROPERTY | TAPPER RESOURCES INC | 4/2/2008 | 2008-2188 | LA | Bienville | ||||||||||||
LA-LBH0006-030 |
VERA CALAHAN, WIFE OF LEROY CALAHAN | TAPPER RESOURCES INC | 4/2/2008 | 2008-2187 | LA | Bienville | ||||||||||||
LA-LBH0006-031 |
BOBBY ANDERSON, HUSBAND OF ALICE G. ANDERSON | TAPPER RESOURCES INC | 4/3/2008 | 2008-2186 | LA | Bienville | ||||||||||||
VIRGINIA COLEMAN, DEALING IN HER SEPARATE | ||||||||||||||||||
LA-LBH0006-032 |
PROPERTY | TAPPER RESOURCES INC | 4/2/2008 | 2008-2624 | LA | Bienville | ||||||||||||
LA-LBH0006-033 |
J.D. ANDERSON, HUSBAND OF LINDA FAY ANDERSON | TAPPER RESOURCES INC | 4/2/2008 | 2008-2282 | LA | Bienville | ||||||||||||
JIMMY ANDERSON, DEALING HEREIN WITH HIS | ||||||||||||||||||
LA-LBH0006-034 |
SEPARATE PROPERTY | TAPPER RESOURCES INC | 4/2/2008 | 2008-2280 | LA | Bienville | ||||||||||||
SHIRLEY ANDERSON, REPRESENTED HEREIN BY HER | ||||||||||||||||||
LA-LBH0006-035 |
AGENT AND ATTORNEY IN FACT | TAPPER RESOURCES INC | 4/2/2008 | 2008-2189 | LA | Bienville | ||||||||||||
LA-LBH0007-000 |
SAINT PAUL MISSIONARY BAPTIST CHURCH | TAPPER RESOURCES INC | 4/3/2008 | 2008-2185 | LA | Bienville | ||||||||||||
MARTIN TIMBER COMPANY, LLC, A LOUISIANA | ||||||||||||||||||
LA-LBH0008-000 |
LIMITED LIABILITY COMPANY | ANADARKO PETROLEUM CORPORATION | 11/9/2004 | 2005-0837 | LA | Bienville | ||||||||||||
MARY JANET CALDWELL STREBECK, WIFE OF CLAYTON | ||||||||||||||||||
LA-LBH0009-001 |
L. STREBECK | TAPPER RESOURCES INC | 1/28/2008 | 2008-2198 | LA | Bienville | ||||||||||||
WILLIAM DAVID CALDWELL, HUSBAND OF CHARLOTTE | ||||||||||||||||||
LA-LBH0009-002 |
EDWARDS CALDWELL | TAPPER RESOURCES INC | 1/28/2008 | 2008-2196 | LA | Bienville | ||||||||||||
PRISCILLAGAYLE ANDERSON, DEALING HEREIN WITH | ||||||||||||||||||
LA-LBH0010-001 |
HER SEPARATE PROPERTY | TAPPER RESOURCES INC | 4/2/2008 | 2008-2281 | LA | Bienville | ||||||||||||
C.P. ANDERSON AND ESSIE B. ANDERSON, HUSBAND | ||||||||||||||||||
LA-LBH0011-000 |
AND WIFE | TAPPER RESOURCES INC | 1/17/2008 | 2008-2201 | LA | Bienville | ||||||||||||
LA-LBH0012-000 |
RUTH ANDERSON HENRY, A SINGLE WOMAN | TAPPER RESOURCES INC | 4/2/2008 | 2008-2191 | LA | Bienville | ||||||||||||
WEYERHAEUSER COMPANY, A WASHINGTON | 2011-2286 | |||||||||||||||||
LA-LBH0013-000 |
CORPORATION | GOLDSTON OIL CORPORATION | 11/8/2007 | 2008-2182 | LA | Bienville | ||||||||||||
THE KANSAS CITY SOUTHERN RAILWAY COMPANY, A | ||||||||||||||||||
LA-LBH0014-000 |
MISSOURI CORPORATION | PLANTATION OPERATING LLC | 4/28/2005 | 2005-3077 | LA | Bienville | ||||||||||||
LA-LBH0015-000 |
LOUISIANA MINERALS LTD. | PLANTATION OPERATING LLC | 10/27/2010 | 2010-4775 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
MARTIN TIMBER COMPANY LLC | ||||||||||||||||||
LA-LKY0001-000 |
BY ELLIS S MARTIN, AGENT | STRAT LAND EXPL CO | 8/1/2000 | 884 | 294 | LA | Bienville | |||||||||||
LA-LKY0002-000 |
JAMES F WALKER ET UX | STRAT LAND EXPL CO | 3/20/2000 | 884 | 310 | LA | Bienville | |||||||||||
LA-LKY0006-001 |
OSCAR D PATTERSON ET UX | STRAT LAND EXPL CO | 4/22/2001 | 913 | 158 | LA | Bienville | |||||||||||
LA-LKY0006-002 |
RUDOLPH PATTERSON ET UX | STRAT LAND EXPL CO | 6/14/2001 | 915 | 298 | LA | Bienville | |||||||||||
LA-LKY0008-000 |
DONALD RAY SANDERS ET UX | STRAT LAND EXPL CO | 5/1/2001 | 913 | 133 | LA | Bienville | |||||||||||
LA-LKY0009-000 |
DOUGLAS W SANDERS ET UX | STRAT LAND EXPL CO | 5/1/2001 | 913 | 129 | LA | Bienville | |||||||||||
LA-LKY0010-000 |
VERNON C SHAFFER | STRAT LAND EXPL CO | 8/10/2000 | 884 | 312 | LA | Bienville | |||||||||||
LA-LKY0011-000 |
MILDRED P SANDERS | STRAT LAND EXPL CO | 5/1/2001 | 913 | 135 | LA | Bienville | |||||||||||
LA-LKY0012-000 |
BONNIE D JACKSON | STRAT LAND EXPL CO | 5/1/2001 | 913 | 131 | LA | Bienville | |||||||||||
LA-LKY0013-000 |
BOBBY J BOSTON ET UX | STRAT LAND EXPL CO | 5/12/2001 | 913 | 155 | LA | Bienville | |||||||||||
LA-LKY0014-001 |
SAMUEL LEE ENSLEY | STRAT LAND EXPL CO | 3/26/2001 | 913 | 145 | LA | Bienville | |||||||||||
913 | 140 | |||||||||||||||||
LA-LKY0014-002 |
CLARENCE ENSLEY | STRAT LAND EXPL CO | 3/26/2001 | 913 | 140 | LA | Bienville | |||||||||||
925 | 50 | |||||||||||||||||
LA-LKY0014-003 |
MERLETTA KING JOHNSON | STRAT LAND EXPL CO | 9/11/2001 | 925 | 50 | LA | Bienville | |||||||||||
LA-LKY0014-P04 |
HAL R HENDERSON ET UX | STRAT LAND EXPLORATION COMPANY | 5/15/2003 | 957 | 536 | 2106 | LA | Bienville | ||||||||||
LA-LKY0015-000 |
CARL D PORTER | STRAT LAND EXPL CO | 3/26/2001 | 913 | 149 | LA | Bienville | |||||||||||
LA-LKY0017-000 |
MICHAEL RYAN MADDEN | STRAT LAND EXPL CO | 3/26/2001 | 913 | 143 | LA | Bienville | |||||||||||
LA-LKY0018-000 |
LEE EDWARD TOBIN | STRAT LAND EXPL CO | 4/22/2001 | 913 | 126 | LA | Bienville | |||||||||||
LA-LKY0019-000 |
JAMES MARTIN | STRAT LAND EXPL CO | 5/12/2001 | 913 | 153 | LA | Bienville | |||||||||||
LA-LKY0021-000 |
LOUISIANA MINERALS LTD | PIONEER NATURAL RESOURCES USA INC | 11/27/2002 | 953 | 618 | LA | Bienville | |||||||||||
LA-LKY0022-001 |
BETTY JEAN DAVIS CONNER | STRAT LAND EXPL CO | 6/11/2001 | 918 | 303 | LA | Bienville | |||||||||||
LA-LKY0022-002 |
NORMA JEAN DAVIS TYLER | STRAT LAND EXPL CO | 6/11/2001 | 918 | 306 | LA | Bienville | |||||||||||
LA-LKY0023-000 |
FAYE HASKIN NAZON | STRAT LAND EXPL CO | 3/31/2001 | 913 | 137 | LA | Bienville | |||||||||||
LA-LKY0024-001 |
RADIAN LAWSON HENNIGAN ET AL | STRAT LAND EXPL CO | 3/20/2001 | 957 | 621 | LA | Bienville | |||||||||||
LA-LKY0024-002 |
MARY LOE SHUCKROW ET VIR | STRAT LAND EXPL CO | 4/6/2001 | 913 | 147 | LA | Bienville | |||||||||||
LA-LKY0024-003 |
PRENTISS W JOHNSON | STRAT LAND EXPL CO | 6/14/2001 | 921 | 65 | LA | Bienville | |||||||||||
LA-LKY0024-004 |
GEORGE WOODS ET AL | STRAT LAND EXPL CO | 3/20/2000 | 883 | 211 | LA | Bienville | |||||||||||
LA-LKY0092-001 |
PETRO-HUNT LLC | STRAT LAND EXPL CO | 5/25/2000 | 878 | 59 | LA | Bienville | |||||||||||
LA-LKY0092-002 |
HUNT PETROLEUM CORPORATION | STRAT LAND EXPL CO | 5/30/2000 | 884 | 155 | LA | Bienville | |||||||||||
LA-LKY0092-003 |
KINGFISHER RESOURCES INC | STRAT LAND EXPL CO | 3/21/2000 | 878 | 51 | LA | Bienville | |||||||||||
LA-LKY0093-000 |
DAVID REDDING ET AL | STRAT LAND EXPL CO | 5/12/2001 | 915 | 295 | LA | Bienville | |||||||||||
LA-LKY0094-000 |
DAVID REDDING ET AL | STRAT LAND EXPL CO | 6/11/2001 | 918 | 315 | LA | Bienville | |||||||||||
LA-LKY0095-000 |
MAE N COTTINGHAM EPPERSON | STRAT LAND EXPL CO | 6/12/2001 | 918 | 309 | LA | Bienville | |||||||||||
LA-LKY0099-000 |
ROBERT R POLAND SR ET UX | STRAT LAND EXPL CO | 3/20/2000 | 883 | 209 | LA | Bienville | |||||||||||
LA-LKY0102-001 |
DOROTHY RUSHING FIELDER | STRAT LAND EXPL CO | 6/9/2001 | 918 | 312 | LA | Bienville | |||||||||||
LA-LKY0102-002 |
JAMES MOORE ET UX | STRAT LAND EXPL CO | 6/9/2001 | 915 | 301 | LA | Bienville | |||||||||||
LA-LKY0104-001 |
FANNIE C TOBIN ET AL | STRAT LAND EXPL CO | 3/20/2000 | 883 | 213 | LA | Bienville | |||||||||||
LA-LKY0104-002 |
VELMA DRODGERS ET AL | STRAT LAND EXPL CO | 3/20/2000 | 883 | 207 | LA | Bienville | |||||||||||
LA-LKY0105-000 |
LOUISIANA MINERALS LTD | EL PASO PRODUCTION COMPANY | 5/21/2001 | 916 | 330 | MEMORANDUM | LA | Bienville | ||||||||||
PETRO-HUNT LLC | ||||||||||||||||||
LA-LKY0116-001 |
BY BRUCE W HUNT, PRESIDENT | PIONEER NATURAL RESOURCES USA INC | 10/15/2002 | 953 | 618 | LA | Bienville | |||||||||||
HUNT PETROLEUM CORPORATION | ||||||||||||||||||
LA-LKY0116-002 |
BY WILLIAM C NELSON, SENIOR VICE PRESIDENT | STRAT LAND EXPL CO | 7/23/2002 | 950 | 219 | LA | Bienville | |||||||||||
KINGFISHER RESOURCES INC | ||||||||||||||||||
LA-LKY0116-003 |
BY GARY TARABA, VICE-PRESIDENT | STRAT LAND EXPL CO | 7/25/2002 | 949 | 178 | LA | Bienville | |||||||||||
LA-LKY0117-000 |
JOHN HILL | STRAT LAND EXPL CO | 3/26/2001 | 913 | 151 | LA | Bienville | |||||||||||
JEFFERY SCOTT AND TERRI L. ADAMS | 1/8/2013 | LA | Bienville | |||||||||||||||
MICHAELS. AND BRENDA CRAWFORD ANTEE | 10/24/2013 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
ARCADIA HAVEN, INC. | 8/5/2013 | 20132261 | LA | Bienville | ||||||||||||||
ARCADIA PLACE, INC. | 8/5/2013 | 20132260 | LA | Bienville | ||||||||||||||
RONEY BOBBY AND RESSIE BAKER | 8/8/2013 | 20132266 | LA | Bienville | ||||||||||||||
WARNIES. AND WALTER, JR. BALLARD | 10/19/2012 | LA | Bienville | |||||||||||||||
CLARENCE LOYS AND PEGGY VENOR BATTON, JR. | 3/4/2013 | 20131075 | LA | Bienville | ||||||||||||||
RALPH STANLEY AND CATHERINE CULPEPPER BEARD | 7/1/2013 | 20131658 | LA | Bienville | ||||||||||||||
STEPHEN F BEARD | 7/1/2013 | 20131757 | LA | Bienville | ||||||||||||||
LANNY MICHAEL BEARD | 7/8/2013 | 20131847 | LA | Bienville | ||||||||||||||
AMY REBECCA YARBROUGH BLUNSCHI | 11/9/2012 | LA | Bienville | |||||||||||||||
GARYW. AND AMY ELIZABETH PERKINS BOURGEOIS | 4/16/2013 | 20131066 | LA | Bienville | ||||||||||||||
JARRETT EVAN BOWMAN | 3/25/2013 | 20131071 | LA | Bienville | ||||||||||||||
DOROTHY R BRACKIN | 2/14/2013 | 20131243 | LA | Bienville | ||||||||||||||
EDDIE BRICE AND VALINA BRICE | 7/30/2013 | 20132264 | LA | Bienville | ||||||||||||||
LEE DIANE COLE BROWN | 12/10/2012 | 20130488 | LA | Bienville | ||||||||||||||
JASON ANDTOMMIE BROWN | 4/16/2013 | 20131246 | LA | Bienville | ||||||||||||||
AUTREYANDJEAN HAMILTON CARPENTER | 11/16/2012 | 20130033 | LA | Bienville | ||||||||||||||
JOE W CASKEY | 11/7/2012 | 20130044 | LA | Bienville | ||||||||||||||
DAVE P. CHAMPAGNE, SR. | 10/25/2013 | Bienville | ||||||||||||||||
MATTHEW CHRISTOPHER CHANDLER | 11/21/2013 | LA | Bienville | |||||||||||||||
PAUL DAVID CHILDRESS | 3/11/2013 | 20131065 | LA | Bienville | ||||||||||||||
GLORIA ANN CRANE | 10/25/2013 | LA | Bienville | |||||||||||||||
DARIN WOODS WELDING SERVICES, LLC | 11/19/2012 | LA | Bienville | |||||||||||||||
JAMES W DAVIS | 1/9/2013 | LA | Bienville | |||||||||||||||
ANNEGRET PAULA BEUMKER DAVIS | 3/14/2013 | 20131064 | LA | Bienville | ||||||||||||||
PAMELA ATTERIDGE DAVIS | 4/4/2013 | 20131068 | LA | Bienville | ||||||||||||||
PAMELA ATTERIDGE DAVIS | 4/4/2013 | 20131067 | LA | Bienville | ||||||||||||||
PAMELA ATTERIDGE DAVIS | 4/4/2013 | 20131069 | LA | Bienville | ||||||||||||||
GEORGE R DUPUIS | 4/29/2013 | 20131245 | LA | Bienville | ||||||||||||||
GEORGET. ANDSHERRILL P. EDWARDS | 11/28/2012 | LA | Bienville | |||||||||||||||
GAP FARMS, LLC | 1/29/2013 | LA | Bienville | |||||||||||||||
JOHN KENDEL AND DONNA KAY JOHNSON GARNER | 3/28/2013 | 2013077 | LA | Bienville | ||||||||||||||
LILIAN P GARRETT | 7/1/2013 | 20131659 | LA | Bienville | ||||||||||||||
RICHARD H. AND REBECCA J. GARRETT | 7/1/2013 | 20131760 | LA | Bienville | ||||||||||||||
ARDIS AND SYBIL JOHNSON GREEN | 10/12/2012 | LA | Bienville | |||||||||||||||
DALE ALLEN AND LANETTE WOODARD HALVERSON | 12/21/2012 | 20130246 | LA | Bienville | ||||||||||||||
ELIZABETH MARIE MORGAN HAMILTON | 11/29/2012 | 20131236 | LA | Bienville | ||||||||||||||
CLINTON H. AND BARBARA JOHNSON HAMPTON | 11/14/2012 | 20130035 | LA | Bienville | ||||||||||||||
DONALDT. HANLEY | 10/19/2012 | LA | Bienville | |||||||||||||||
ROBERT I. AND GAYLE WALKER HANSON | 10/25/2012 | LA | Bienville | |||||||||||||||
GAYLE HANSON | 10/25/2012 | 20130038 | LA | Bienville | ||||||||||||||
TINE HENRY HARRISON | 7/24/2013 | 20131844 | LA | Bienville | ||||||||||||||
WILLIAM EUGENE,JR. AND JENNIFER C. HAWKINS | 7/15/2013 | 20131846 | LA | Bienville | ||||||||||||||
DANNY HAROLD AND DEBORAH HARTMAN HENLEY | 9/21/2012 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
BENNY ADDISON HOLLIS | 10/19/2012 | 20131367 | LA | Bienville | ||||||||||||||
STEVE ADDISON AND SARA PATTON HOLLIS | 10/22/2012 | 20122837 | LA | Bienville | ||||||||||||||
WILLIAM L. AND JUDY CHANDLER HOLMES | 1/16/2014 | LA | Bienville | |||||||||||||||
HORIZON APPLICATORS, INC. | 4/10/2013 | 20131572 | LA | Bienville | ||||||||||||||
WILLIE AND JACQUELINE BYRD JAMES | 1/15/2013 | 20131237 | LA | Bienville | ||||||||||||||
ROYCEGRESHAM JENKINS | 4/10/2013 | 20131061 | LA | Bienville | ||||||||||||||
JESSE CURTIS AND STACIE JIMERSON | 6/3/2013 | 20131759 | LA | Bienville | ||||||||||||||
JOANNE WILLIAMS TRUST | 6/7/2013 | 20131848 | LA | Bienville | ||||||||||||||
RANDY ARVELLE AND VICKI JOHNSON | 8/8/2013 | 20132263 | LA | Bienville | ||||||||||||||
JAMES RICHARD AND DONNA MARIE QUIN JOHNSON | 9/5/2013 | LA | Bienville | |||||||||||||||
JAMES RICHARD JOHNSON | 9/5/2013 | LA | Bienville | |||||||||||||||
BRIDGET SUZANNE CROWELL LANGLEY | 4/9/2013 | 20131845 | LA | Bienville | ||||||||||||||
JARED LAY | 3/21/2013 | 20131365 | LA | Bienville | ||||||||||||||
ELLIOTT E LETLOW | 10/15/2012 | LA | Bienville | |||||||||||||||
NOLBERT AND TREXINE JOHNSON LEWIS | 11/14/2012 | LA | Bienville | |||||||||||||||
M.B. EDWARDS PROPERTIES, LLC | 12/19/2012 | 20131241 | LA | Bienville | ||||||||||||||
RAYMOND HARDY AND DIANE STEVENS MADDEN, III | 4/10/2013 | 20131060 | LA | Bienville | ||||||||||||||
MCHALE FAMILY TRUST | 11/29/2012 | 20130247 | LA | Bienville | ||||||||||||||
STEPHEN WAYNE MILLICAN | 7/16/2013 | 20132262 | LA | Bienville | ||||||||||||||
GENE MOON | 6/7/2013 | 20131758 | LA | Bienville | ||||||||||||||
ROBERT WILLIAM MORGAN | 5/28/2013 | 20131663 | LA | Bienville | ||||||||||||||
DOROTHY MULLINS MORRIS | 6/7/2013 | 20131660 | LA | Bienville | ||||||||||||||
MURPHY BROTHERS PARTNERSHIP, LLC | 12/28/2012 | 20130248 | LA | Bienville | ||||||||||||||
NEOMA OKELLEY OBRIEN | 12/5/2012 | LA | Bienville | |||||||||||||||
MILTON TRUETT AND FAYE BURKS ODOM | 5/21/2013 | 20131368 | LA | Bienville | ||||||||||||||
WILLIAM CECIL OKELLEY | 9/25/2012 | 20130053 | LA | Bienville | ||||||||||||||
JUDYCONNALLYPERRIT | 11/8/2012 | LA | Bienville | |||||||||||||||
CARL EVERETT AND BETTYE RUTH RUSH PERRY | 11/25/2013 | LA | Bienville | |||||||||||||||
KENNETH ROGER AND SHARALYN GWEN VALENTINE | ||||||||||||||||||
PICKETT | 5/23/2013 | LA | Bienville | |||||||||||||||
SHIRLEY DAVIS POOLE | 1/7/2013 | 2013239 | LA | Bienville | ||||||||||||||
RACKLA RIVER RESOURCES, LLC | 4/26/2013 | 20131569 | LA | Bienville | ||||||||||||||
ALBERT H RHODES | 6/11/2013 | 20131656 | LA | Bienville | ||||||||||||||
VICTOR W ROGERS | 6/28/2013 | 20131662 | LA | Bienville | ||||||||||||||
ULYSSES ROGERS, JR. | 4/9/2013 | 20131247 | LA | Bienville | ||||||||||||||
WILLIAM R ROWELL | 11/6/2012 | LA | Bienville | |||||||||||||||
BARBARASUMLIN SANDERSON | 1/29/2013 | 20131058 | LA | Bienville | ||||||||||||||
SHELBYLANE, LLC | 10/9/2012 | LA | Bienville | |||||||||||||||
WILLIAM ANDREW AND JESSICA WALSWORTH SIMS | 2/6/2013 | 20131078 | LA | Bienville | ||||||||||||||
PATRICK H. SMITH AND FRAN WALKER SMITH | 10/23/2012 | 20130037 | LA | Bienville | ||||||||||||||
SHIRLEY FARRAR SMITH | 6/17/2013 | 20131655 | LA | Bienville | ||||||||||||||
ROY E. AND JANICE LYNN SOUTHERN | 11/9/2012 | LA | Bienville | |||||||||||||||
WILLIAM CURTIS AND SUSAN M. TAYLOR | 11/6/2012 | LA | Bienville | |||||||||||||||
WILLIAM DAVID AND JUDITH E. TAYLOR | 2/28/2013 | 20131074 | LA | Bienville | ||||||||||||||
TRISHNA CORPORATION, INC. | 12/12/2012 | 20131242 | LA | Bienville | ||||||||||||||
MIKELD. ANDSHONDALYN KAY TUCKER | 2/4/2013 | 20131056 | LA | Bienville | ||||||||||||||
TONY R WAITS | 11/9/2012 | 20130046 | LA | Bienville | ||||||||||||||
DEREK AND LAUREN KIDD WARREN | 12/4/2012 | LA | Bienville |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
JACK CARL AND CHARLIE JO WATSON | 8/8/2013 | 20132265 | LA | Bienville | ||||||||||||||
DARIN ANDREW WOODS | 11/19/2012 | LA | Bienville | |||||||||||||||
SHARRA CHANDLER WOODS | 1/9/2013 | 20131054 | LA | Bienville | ||||||||||||||
BOBBY LEE WOODWARD | 6/7/2013 | 20131664 | LA | Bienville | ||||||||||||||
JAMES W DAVIS | SCHOEFFLER ENERGY LLC | 1/7/2013 | LA | Bienville | ||||||||||||||
LANCE WAYNE AND REBECCA ANNE BROWNE KELPE | SCHOEFFLER ENERGY LLC | 10/23/2013 | LA | Bienville | ||||||||||||||
MARILYN KAY MOREAU AND ALLEN KEITH HOLLOWAY | 10/22/2012 | 20130024 | LA | Bienville and Claiborne | ||||||||||||||
KEN B MURPHY | 12/28/2012 | 20130241 | LA | Bienville and Claiborne | ||||||||||||||
RAYMOND CLAY AND LEE ANNE PARKER MCDONALD | ||||||||||||||||||
MCDONALD | 10/30/2012 | 20122687 | LA | Bienville and Lincoln | ||||||||||||||
WADE HINES AND JUDY POTTS PERRITT | 10/12/2012 | LA | Bienville and Lincoln | |||||||||||||||
SHANNON R. AND WANDA F. WILHITE | 10/29/2012 | 1322 | 38 | F128775 | LA | Bienville and Lincoln | ||||||||||||
RUSSELL LAND & TIMBER, LLC | 12/6/2012 | 20131248 | LA | Bienville, Claiborne, and Lincoln | ||||||||||||||
1440 | 928198 | |||||||||||||||||
1440 | 928198 | |||||||||||||||||
LA-NCV0001-001 |
HUNT PETROLEUM CORPORATION | KCS RESOURCES, INC. | 2/1/2008 | 1440 | 928198 | LA | Bossier | |||||||||||
C1440 | 156 | 928199 | ||||||||||||||||
928199 | ||||||||||||||||||
LA-NCV0001-002 |
KINGFISHER RESOURCES INC | KCS RESOURCES, INC. | 10/30/2007 | 928199 | LA | Bossier | ||||||||||||
1440 | 189 | 928208 | ||||||||||||||||
1440 | 928208 | |||||||||||||||||
LA-NCV0001-003 |
PETRO-HUNT LLC | KCS RESOURCES, INC. | 10/31/2007 | 1440 | 928208 | LA | Bossier | |||||||||||
LA-RLD0018-001 |
GARY L HILBURN | WINCHESTER PROD CO. | 7/28/2006 | 888455 | LA | Bossier | ||||||||||||
LA-RLD0018-002 |
JACK BUFORD HILBURN JR | WINCHESTER PROD CO. | 7/3/2006 | 888453 | LA | Bossier | ||||||||||||
LA-RLD0018-003 |
JUDITH HILBURN YOUNG | WINCHESTER PROD CO. | 7/3/2006 | 888454 | LA | Bossier | ||||||||||||
LA-RLD0035-001 |
JACK ROY MAY III | WINCHESTER PROD CO. | 7/15/2006 | 888424 | LA | Bossier | ||||||||||||
LA-RLD0035-002 |
SAMUEL EDWIN MAY ET UX | WINCHESTER PROD CO. | 7/15/2006 | 888425 | LA | Bossier | ||||||||||||
LA-RLD0036-000 |
JACK ROY MAY JR ET UX | WINCHESTER PRODUCTION CO | 7/7/2006 | LA | Bossier | |||||||||||||
888414 | ||||||||||||||||||
888414 | ||||||||||||||||||
LA-RLD0054-001 |
HERSHELMALONE ET UX | WINCHESTER PROD CO | 8/16/2006 | 888414 | LA | Bossier | ||||||||||||
LA-RLD0070-001 |
FRANK R TROWBRIDGE JR | WINCHESTER PROD CO. | 6/27/2006 | 890041 | LA | Bossier | ||||||||||||
LA-RLD0070-002 |
ANN TROWBRIDGE MUIR | WINCHESTER PROD CO. | 6/27/2006 | 890042 | LA | Bossier | ||||||||||||
LA-RLD0070-003 |
GAIL ELAINE TROWBRIDGE FOSTER | WINCHESTER PROD CO. | 6/27/2006 | 890043 | LA | Bossier | ||||||||||||
LA-RLD0070-004 |
DAVID I TROWBRIDGE | WINCHESTER PROD CO. | 6/21/2007 | 903862 | LA | Bossier | ||||||||||||
LA-RLD0070-005 |
CORNELL TROWBRIDGE STEWART | WINCHESTER PROD CO. | 6/21/2007 | 903861 | LA | Bossier | ||||||||||||
LA-RLD0094-001 |
NANCY LEE KEOUN MCCOMB | WINCHESTER PROD CO | 1/30/2007 | 893612 | LA | Bossier | ||||||||||||
893630 | ||||||||||||||||||
LA-RLD0094-002 |
GRACE ELIZABETH KEOUN REASOR | WINCHESTER PROD CO | 1/30/2007 | 893630 | LA | Bossier | ||||||||||||
LA-RLD0099-001 |
JACK C ROBERSON | WINCHESTER PRODUCTION CO | 4/3/2007 | 895091 | LA | Bossier | ||||||||||||
LA-RLD0099-002 |
MARY KATHLEEN ROBERSON HART | WINCHESTER PRODUCTION CO | 4/3/2007 | 895093 | LA | Bossier | ||||||||||||
LA-RLD0099-003 |
JAMES MICHAEL ROBERSON | WINCHESTER PRODUCTION CO | 4/3/2007 | 895092 | LA | Bossier | ||||||||||||
LA-RLD0099-004 |
RUTHIEJ ROBERSON MIEARS | WINCHESTER PRODUCTION CO | 4/3/2007 | 895089 | LA | Bossier | ||||||||||||
LA-RLD0099-005 |
MARVIS MARIE ROBERSON GRISHAM | WINCHESTER PRODUCTION CO | 4/3/2007 | 895090 | LA | Bossier | ||||||||||||
LA-RLD0106-000 |
JIMMIE RAY BANDY ET UX | WINCHESTER PROD CO | 7/13/2007 | 1413 | 905326 | LA | Bossier | |||||||||||
LA-RLD0131-000 |
LT GOODWIN | R W FAIR | 4/27/1955 | 258 | 151 | 102460 | LA | Bossier | ||||||||||
LA-RLD0150-001 |
JOSEPH CLINTON ALLEN ET UX | WINCHESTER PROD CO | 5/22/2007 | 903868 | LA | Bossier | ||||||||||||
LA-RLD0150-002 |
TREY JOSEPH ALLEN | WINCHESTER PROD CO | 5/22/2007 | 903867 | LA | Bossier | ||||||||||||
LA-RLD0151-000 |
WEYERHAEUSER COMPANY | WINCHESTER PROD CO. | 3/20/2007 | 1408 | 121 | 899895 | LA | Bossier |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RLD0155-000 |
WEYERHAEUSER COMPANY | WINCHESTER PROD CO. | 7/26/2007 | MEMO | LA | Bossier | ||||||||||||
LA-RLD0273-000 |
FLORENCE DODSON BARNETT ET AL | LL ROBINSON | 3/7/1952 | 237 | 45 | 85015 | LA | Bossier | ||||||||||
LA-RLD0275-000 |
M R BOLINGER | R W FAIR | 10/13/1953 | 248 | 163 | 92693 | LA | Bossier | ||||||||||
LA-RLD0277-001 |
CLIFFORD EDENS CHESHIRE ET AL | SUNRAY MID-CONTINENT OIL CO | 12/10/1955 | 273 | 99 | 107124 | LA | Bossier | ||||||||||
LA-RLD0277-002 |
EDRAL CHESHIRE ET AL | SUNRAY MID-CONTINENT OIL CO | 12/10/1955 | 273 | 229 | 108441 | LA | Bossier | ||||||||||
232 | 34 | 83124 | ||||||||||||||||
LA-RLD0278-001 |
CECIL O COVINGTON | SUNRAY OIL CORP | 10/16/1951 | 232 | 34 | 83124 | LA | Bossier | ||||||||||
230 | 524 | 83088 | ||||||||||||||||
LA-RLD0278-002 |
DANIEL M COVINGTON | SUNRAY OIL CORP | 10/16/1951 | 230 | 524 | 83088 | LA | Bossier | ||||||||||
230 | 518 | 83087 | ||||||||||||||||
LA-RLD0278-003 |
J M COVINGTON | SUNRAY OIL CORP | 10/16/1951 | 230 | 518 | 83087 | LA | Bossier | ||||||||||
232 | 24 | 83090 | ||||||||||||||||
LA-RLD0278-004 |
MW COVINGTON | SUNRAY OIL CORP | 10/13/1951 | 232 | 24 | 83090 | LA | Bossier | ||||||||||
230 | 511 | 83086 | ||||||||||||||||
LA-RLD0278-005 |
G E COVINGTON ET AL | SUNRAY OIL CORP | 10/13/1951 | 230 | 511 | 83086 | LA | Bossier | ||||||||||
232 | 40 | 83125 | ||||||||||||||||
LA-RLD0278-006 |
RH COVINGTON JR | SUNRAY OIL CORP | 10/16/1951 | 232 | 40 | 83125 | LA | Bossier | ||||||||||
230 | 535 | 83123 | ||||||||||||||||
LA-RLD0278-007 |
CARRIE COVINGTON MYRICK | SUNRAY OIL CORP | 10/16/1951 | 230 | 535 | 83123 | LA | Bossier | ||||||||||
232 | 18 | 83089 | ||||||||||||||||
LA-RLD0278-008 |
CLIFFORD COVINGTON SHANNON | SUNRAY OIL CORP | 10/13/1951 | 232 | 18 | 83089 | LA | Bossier | ||||||||||
LA-RLD0280-001 |
DORIS GAMBLE DEJEAN | M R BOLINGER | 10/23/1948 | 197 | 107 | 64461 | LA | Bossier | ||||||||||
LA-RLD0280-002 |
CHRISTINE KEOUN BROWNE | M R BOLINGER | 10/23/1948 | 197 | 99 | 64457 | LA | Bossier | ||||||||||
LA-RLD0280-003 |
ROBERT C KEOUN ET AL | M R BOLINGER | 10/23/1948 | 197 | 113 | 64464 | LA | Bossier | ||||||||||
LA-RLD0282-000 |
T SANDERS GOODWIN | DG DUNBAR | 2/8/1950 | 211 | 179 | 73368 | LA | Bossier | ||||||||||
LA-RLD0285-000 |
M R JOHNSON | C M FUTCH | 11/12/1953 | 248 | 205 | 93262 | LA | Bossier | ||||||||||
LA-RLD0286-000 |
WA JOHNSON | DG DUNBAR | 10/11/1948 | 197 | 37 | 64236 | LA | Bossier | ||||||||||
LA-RLD0287-000 |
W A JOHNSON ET AL | DG DUNBAR | 10/9/1948 | 197 | 39 | 64237 | LA | Bossier | ||||||||||
LA-RLD0290-000 |
JESSIE RAY CHESHIRE KNOBEL ET AL | R W FAIR | 10/11/1953 | 248 | 165 | 92694 | LA | Bossier | ||||||||||
LA-RLD0294-000 |
W H RODGERS | R R ROBINSON | 2/16/1956 | 273 | 133 | 107511 | LA | Bossier | ||||||||||
S H BOLINGER AND COMPANY LTD | ||||||||||||||||||
LA-RLD0298-000 |
J C BOLINGER, VP | DG DUNBAR | 7/25/1949 | 207 | 575 | 69676 | LA | Bossier | ||||||||||
LA-RLD0300-000 |
FRANK R TROWBRIDGE ET AL | R W FAIR | 1/14/1957 | 281 | 98 | 113892 | LA | Bossier | ||||||||||
LA-RLD0306-000 |
R B KILGORE ET AL | TEXACO INC | 7/10/1963 | 370 | 464 | 167619 | LA | Bossier | ||||||||||
LA-RLD0307-000 |
S H BOLINGER & COMPANY LTD | JOHN LCOPELAND | 3/23/1964 | 348 | 169 | 172319 | LA | Bossier | ||||||||||
LA-RLD0308-000 |
FRANCES FLOYD BAIN | JOHN LCOPELAND | 4/6/1964 | 388 | 189 | 174840 | LA | Bossier | ||||||||||
LA-RLD0309-000 |
JEREW WILKINSON | THE TEXAS COMPANY | 8/10/2022 | 67 | 525 | 35628 | LA | Bossier | ||||||||||
LA-RLD0310-001 |
ARA VAY K HOLTZCLAW | JAMES CGALBRAITH | 3/23/1964 | 388 | 191 | 174841 | LA | Bossier | ||||||||||
LA-RLD0310-002 |
CECIL KBAUMGARDNER | JOHN LCOPELAND | 3/23/1964 | 388 | 194 | 174842 | LA | Bossier | ||||||||||
LA-RLD0310-003 |
BONNIE ANDERSON KILGORE ET AL | JAMES CGALBRAITH | 3/18/1964 | 384 | 177 | 172320 | LA | Bossier | ||||||||||
LA-RLD0311-000 |
HENRY ROSE MERCANTILE & MANUFACTURING CO | WARREN GIBBS | 1/12/2023 | 68 | 554 | 36906 | LA | Bossier | ||||||||||
LA-RLD0312-000 |
UNITED STATES OF AMERICABLM #071443 | TEXACO INC | 9/1/1963 | 386 | 421 | 173365 | LA | Bossier | ||||||||||
LA-RLD0313-001 |
ANTHONY FOREST PRODUCTS CO | WINCHESTER PROD CO | 2/28/2007 | 893649 | LA | Bossier | ||||||||||||
LA-RLD0317-000 |
J M COVINGTON | R W FAIR | 10/12/1953 | 248 | 167 | 92695 | LA | Bossier | ||||||||||
LA-RMT0017-000 |
B GLENN HAM ET UX | BROAD OAK ENERGY INC | 12/14/2006 | 901658 | LA | Bossier | ||||||||||||
LA-RMT0018-000 |
KENNETH R COILE JR | BROAD OAK ENERGY INC | 12/14/2006 | 901660 | LA | Bossier | ||||||||||||
COLEMAN FAMILY LIVING TRUST | ||||||||||||||||||
GERALD C COLEMAN & CATHERINE LYLES COLEMAN, | ||||||||||||||||||
LA-RMT0022-000 |
CO-TRUSTEES | BROAD OAK ENERGY INC | 1/15/2007 | 901663 | LA | Bossier |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RMT0026-001 |
ROBERTS BLEWER | BROAD OAK ENERGY INC | 1/2/2007 | 901653 | LA | Bossier | ||||||||||||
LA CUEVA INVESTMENTS LP | ||||||||||||||||||
LA-RMT0026-002 |
EDWIN L BLEWER | BROAD OAK ENERGY INC | 1/2/2007 | 901654 | LA | Bossier | ||||||||||||
LA-RMT0046-000 |
WILLIAM H BOUNDS JR | SOUTHERN LAND & EXPLORATION, LLC | 9/26/2006 | 889919 | LA | Bossier | ||||||||||||
LA-RMT0047-000 |
FREDDIE HUGH HAGAN SR ET UX | SOUTHERN LAND & EXPLORATION LLC | 6/21/2006 | 889925 | LA | Bossier | ||||||||||||
THE ANTRIM TRUST | ||||||||||||||||||
LA-RMT0048-000 |
REGIONS BANKTRUSTEE | SOUTHERN LAND & EXPLORATION, LLC | 3/23/2007 | 896687 | LA | Bossier | ||||||||||||
LA-RMT0049-001 |
HEROLD-WINKS-VALLHONRAT LLC ET AL | SOUTHERN LAND & EXPLORATION, LLC | 10/31/2006 | 891349 | LA | Bossier | ||||||||||||
LA-RMT0049-002 |
PATTY COLVIN HALL | SOUTHERN LAND & EXPLORATION, LLC | 11/27/2006 | 891345 | LA | Bossier | ||||||||||||
LA-RMT0049-003 |
GUS WCOLVIN JR | SOUTHERN LAND & EXPLORATION, LLC | 11/27/2006 | 891347 | LA | Bossier | ||||||||||||
LA-RMT0049-004 |
JANE COLVIN HUBBARD | SOUTHERN LAND & EXPLORATION, LLC | 11/27/2006 | 891346 | LA | Bossier | ||||||||||||
LA-RMT0050-000 |
BARBARA ROSS BOUNDS ET AL | SOUTHERN LAND & EXPLORATION, LLC | 6/28/2006 | 889918 | LA | Bossier | ||||||||||||
BANGO FAMILY LIMITED PARTNERSHIP OF HOT SPRINGS | ||||||||||||||||||
LA-RMT0051-000 |
BY LOUISE M BANGO, GENERAL MANAGING PARTNER | SOUTHERN LAND & EXPLORATION, LLC | 11/27/2006 | 891340 | LA | Bossier | ||||||||||||
LA-RMT0052-000 |
RICHARD A MCDONALD ET UX | SOUTHERN LAND & EXPLORATION, LLC | 1/24/2007 | 889927 | LA | Bossier | ||||||||||||
LA-RMT0053-000 |
MICHAEL MCBETH ET AL | SOUTHERN LAND & EXPLORATION, LLC | 7/26/2006 | 889926 | LA | Bossier | ||||||||||||
LA-RMT0054-000 |
JENNIFER LYNN ARCHER GRIFFIN | SOUTHERN LAND & EXPLORATION, LLC | 6/22/2006 | 889924 | LA | Bossier | ||||||||||||
LA-RMT0055-001 |
DAWN RITTERGALLET | SOUTHERN LAND & EXPLORATION, LLC | 12/6/2006 | 891372 | LA | Bossier | ||||||||||||
LA-RMT0055-002 |
RODNEY KREGG ODOM | SOUTHERN LAND & EXPLORATION, LLC | 12/19/2006 | 891354 | LA | Bossier | ||||||||||||
LA-RMT0055-003 |
PHILLIP EDWARD RITTER | SOUTHERN LAND & EXPLORATION, LLC | 12/6/2006 | 891369 | LA | Bossier | ||||||||||||
LA-RMT0055-004 |
JAMES MICHAEL RITTER | SOUTHERN LAND & EXPLORATION, LLC | 12/6/2006 | 891367 | LA | Bossier | ||||||||||||
LA-RMT0055-005 |
GREGORY STEVEN RITTER | SOUTHERN LAND & EXPLORATION, LLC | 12/6/2006 | 891366 | LA | Bossier | ||||||||||||
LA-RMT0055-006 |
GLEN DOUGLAS RITTER | SOUTHERN LAND & EXPLORATION, LLC | 12/6/2006 | 891364 | LA | Bossier | ||||||||||||
LA-RMT0055-007 |
BARRY RONALD ODOM ET UX | SOUTHERN LAND & EXPLORATION, LLC | 12/6/2006 | 891355 | LA | Bossier | ||||||||||||
LA-RMT0057-001 |
JAMES P DODSON | BROAD OAK ENERGY INC | 6/26/2007 | 903418 | LA | Bossier | ||||||||||||
LA-RMT0057-002 |
THERESA F DODSON | BROAD OAK ENERGY INC | 6/26/2007 | 905603 | LA | Bossier | ||||||||||||
LA-RMT0087-000 |
THOMAS PARNELL JONES ET UX | SAMSON CONTOUR ENERGY E&P LLC | 6/30/2006 | 874347 | LA | Bossier | ||||||||||||
THE MARAK PARTNERSHIP | ||||||||||||||||||
LA-RMT0133-000 |
BY HENRY MARTIN MARAK | SNYDER OIL CORPORATION | 11/12/1998 | 669688 | LA | Bossier | ||||||||||||
LA-RMT0134-001 |
CALVIN RAY BANDIERA ET AL | KT EXPLORATION LLC | 12/5/1996 | 629341 | LA | Bossier | ||||||||||||
LA-RMT0134-002 |
JERRY CROUCH ET AL | KT EXPLORATION LLC | 12/18/1996 | 633074 | LA | Bossier | ||||||||||||
LA-RMT0134-003 |
KATHY A CROUCH SIZEMORE | KT EXPLORATION LLC | 12/18/1996 | 633075 | LA | Bossier | ||||||||||||
LA-RMT0135-001 |
PRESCOTT LAND & TIMBER COMPANY | KT EXPLORATION LLC | 12/26/1996 | 629344 | LA | Bossier | ||||||||||||
LA-RMT0135-002 |
THELMA RUTH MONTGOMERY ET AL | KT EXPLORATION LLC | 12/6/1996 | 629345 | LA | Bossier | ||||||||||||
LA-RMT0135-003 |
ROGER LGALATAS | KT EXPLORATION LLC | 12/16/1996 | 630255 | LA | Bossier | ||||||||||||
LA-RMT0136-000 |
MARSHALL COVINGTON ET UX | KT EXPLORATION LLC | 12/5/1996 | 629348 | LA | Bossier | ||||||||||||
LA-RMT0137-000 |
ANTHONY FOREST PRODUCTS CO | KT EXPLORATION LLC | 12/2/1996 | 629352 | LA | Bossier | ||||||||||||
WILLIAMETTE INDUSTRIES INC | ||||||||||||||||||
LA-RMT0138-001 |
BY DAVID H HILL, VP | KT EXPLORATION LLC | 12/31/1996 | 1124 | 80 | 629353 | LA | Bossier | ||||||||||
WILLIAMETTE INDUSTRIES INC | ||||||||||||||||||
LA-RMT0138-002 |
BY DAVID H HILL, VP | STRAT LAND EXPL CO | 6/7/2000 | 703651 | LA | Bossier | ||||||||||||
JACKIE RAI SHAVER HUDSON | ||||||||||||||||||
LA-RMT0139-000 |
A/K/A JACKIE SHAVER HUDSON | SNYDER OIL CORPORATION | 6/16/1998 | 658726 | LA | Bossier | ||||||||||||
LA-RMT0140-001 |
HATTIE HAZEL RUSSELL ET VIR | SNYDER OIL CORPORATION | 6/30/1998 | 660115 | LA | Bossier | ||||||||||||
LA-RMT0140-002 |
RUBY BOUNDS WISE | SNYDER OIL CORPORATION | 6/18/1998 | 661189 | LA | Bossier | ||||||||||||
LA-RMT0140-003 |
RANDY CLYDE RICH | SNYDER OIL CORPORATION | 9/14/1998 | 667981 | LA | Bossier | ||||||||||||
LA-RMT0140-004 |
ROBERT BLANCHARD BOUNDS | SNYDER OIL CORPORATION | 9/14/1998 | 668477 | LA | Bossier | ||||||||||||
LA-RMT0141-000 |
CLARA CHRISTINE COLEMAN | MCCAULEYO BULLOCK JR INC | 6/11/1996 | 627453 | LA | Bossier | ||||||||||||
LA-RMT0142-000 |
THOMAS MICHAEL MCKINNEY ET AL | MCCAULEYO BULLOCK JR INC | 1/9/1997 | 632241 | LA | Bossier |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RMT0143-000 |
ROBERT E MCDOWELL ET AL | SNYDER OIL CORPORATION | 8/17/1998 | 663615 | LA | Bossier | ||||||||||||
INVESTORS MORTGAGE CORP OF SHREVEPORT | ||||||||||||||||||
LA-RMT0144-000 |
BY DONALD L WILSON, AGENT | SNYDER OIL CORPORATION | 8/31/1998 | 667886 | LA | Bossier | ||||||||||||
LA-RMT0145-000 |
SYDNEY W MCKINNEY ET UX | MCCAULEYO BULLOCK JR INC | 6/6/1996 | 627435 | LA | Bossier | ||||||||||||
SNYDER OIL CORPORATION | ||||||||||||||||||
LA-RMT0146-000 |
BY SCOTT CHAPMAN, A/I/F | SOCO LOUISIANA LEASING INC | 5/4/1999 | 925034 | LA | Bossier | ||||||||||||
MARY ANN SHEPARD SIMPSON QUALIFIED TRUST | ||||||||||||||||||
LA-RMT0147-000 |
BY WAYNE L SIMPSON, TRUSTEE | SNYDER OIL CORPORATION | 5/5/1997 | 639445 | LA | Bossier | ||||||||||||
LA-RMT0148-001 |
BRUCE D FRANKLIN ET UX | SNYDER OIL CORPORATION | 4/1/1997 | 639429 | LA | Bossier | ||||||||||||
LA-RMT0148-002 |
FANNE L CONKLING | SNYDER OIL CORPORATION | 3/25/1997 | 639431 | LA | Bossier | ||||||||||||
LA-RMT0148-003 |
JAMES SMITH FARRIN | SNYDER OIL CORPORATION | 10/26/1998 | 669687 | LA | Bossier | ||||||||||||
ARCHIBALD C HEWES RESIDUARY TRUST | ||||||||||||||||||
LA-RMT0148-004 |
BY HARRY P HEWES, TRUSTEE | SNYDER OIL CORPORATION | 9/11/1998 | 669503 | LA | Bossier | ||||||||||||
LA-RMT0148-005 |
VIRGINIA A SPOTSWOOD | SNYDER OIL CORPORATION | 9/11/1998 | 669502 | LA | Bossier | ||||||||||||
ANTRIM TRUST | ||||||||||||||||||
LA-RMT0149-000 |
COMMERCIAL NATL BANK IN SHREVEPORT, TRUSTEE | SNYDER OIL CORPORATION | 6/11/1997 | 667263 | LA | Bossier | ||||||||||||
LA-RMT0150-000 |
SUE SLACK SULLIVAN | SNYDER OIL CORPORATION | 5/14/1998 | 658723 | LA | Bossier | ||||||||||||
LA-RMT0151-000 |
NELL SLACK BICE | SNYDER OIL CORPORATION | 5/14/1998 | 658722 | LA | Bossier | ||||||||||||
LA-RMT0152-000 |
FRANK WENDELL SLACK | SNYDER OIL CORPORATION | 5/14/1998 | 661180 | LA | Bossier | ||||||||||||
LA-RMT0153-000 |
ELIZABETH BUSCH MILLER | SNYDER OIL CORPORATION | 5/13/1998 | 658721 | LA | Bossier | ||||||||||||
DELTIC TIMBER CORPORATION | ||||||||||||||||||
SUCCESSOR BY MERGER TO DELTIC FARM & TIMBER CO INC | ||||||||||||||||||
LA-RMT0154-000 |
BY RON L PEARCE, PRESIDENT | SNYDER OIL CORPORATION | 9/1/1998 | 674527 | LA | Bossier | ||||||||||||
LA-RMT0155-000 |
JOHNSON DAVIS MCCALL ET UX | DISCUS OIL CORP & WLS CORP | 5/30/1996 | 624138 | LA | Bossier | ||||||||||||
LA-RMT0156-000 |
WAYLAN ROSS NATTIN ET UX | SNYDER OIL CORPORATION | 4/1/1997 | 658727 | LA | Bossier | ||||||||||||
LA-RMT0157-000 |
JETTA-X-2 LP | BROAD OAK ENERGY INC | 2/1/2008 | 924780 | LA | Bossier | ||||||||||||
ANTHONY FOREST PRODUCTS COMPANY | ||||||||||||||||||
LA-RMT0164-000 |
BY CLARY ANTHONY SR, PRESIDENT | KT EXPLORATION LLC | 12/2/1996 | 629352 | LA | Bossier | ||||||||||||
LA-SLI0001-000 |
AUDREY MURFFSHEPPARD ET AL | TRIANGLE DRILLING COMPANY INC | 12/31/1938 | 139 | 529 | 31049 | LA | Bossier | ||||||||||
LA-SLI0002-000 |
HATTIE ROSCOE SNIDER ET AL | UNITED GAS PUBLIC SERVICE COMPANY | 10/20/1936 | 126 | 148 | 23950 | LA | Bossier | ||||||||||
LA-SLI0003-001 |
H L SKANNAL ET AL | TRIANGLE DRILLING COMPANY INC | 6/29/1934 | 110 | 475 | 16721 | LA | Bossier | ||||||||||
LA-SLI0004-000 |
G W SMITH | MAGNOLIA PETROLEUM COMPANY | 3/22/2027 | 84 | 303 | LA | Bossier | |||||||||||
LA-SLI0005-000 |
FRANK B TREAT ET AL | TRIANGLE DRILLING COMPANY INC | 8/18/1930 | 101 | 208 | 8600 | LA | Bossier | ||||||||||
LA-CPI0001-001 |
J J PARTNERSHIP | KCS RESOURCES INC | 4/18/2006 | 2046786 | LA | Caddo | ||||||||||||
MOLLY J DUGGAN IND AND TRUSTEE FOR DONALD H | ||||||||||||||||||
LA-CPI0001-002 |
DUGGAN TRUST | KCS RESOURCES INC | 4/18/2006 | 3862 | 407 | 2041024 | LA | Caddo | ||||||||||
LA-DIX0002-000 |
BARRY MAXWELL GREER | KCS RESOURCES INC | 2/8/2007 | 2088374 | LA | Caddo | ||||||||||||
LA-DIX0003-000 |
JEAN C BRIERRE | KCS RESOURCES INC | 2/14/2007 | 2088375 | LA | Caddo | ||||||||||||
LA-DIX0004-000 |
JOHNNIE BELL | KCS RESOURCES INC | 3/21/2007 | 2088381 | LA | Caddo | ||||||||||||
LA-DIX0005-001 |
VERLENE WATKINS HARRIS | KCS RESOURCES INC | 3/14/2007 | 2088380 | LA | Caddo | ||||||||||||
LA-DIX0005-002 |
LOUISE LYNN WATKINS CALVIN | KCS RESOURCES INC | 3/14/2007 | 2088379 | LA | Caddo | ||||||||||||
LA-DIX0005-003 |
ANDREW B WATKINS | KCS RESOURCES INC | 3/14/2007 | 2088378 | LA | Caddo | ||||||||||||
LA-DIX0005-004 |
JUNE WATKINS JR | KCS RESOURCES INC | 3/14/2007 | 2088377 | LA | Caddo | ||||||||||||
LA-DIX0005-005 |
EMMIE JEAN WATKINS HARPER | KCS RESOURCES INC | 3/14/2007 | 2088376 | LA | Caddo |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
2089135 | ||||||||||||||||||
2089135 | ||||||||||||||||||
2089135 | ||||||||||||||||||
LA-DIX0006-001 |
GEORGE SMITH | KCS RESOURCES INC | 2/12/2007 | 2089135 | LA | Caddo | ||||||||||||
2088382 | ||||||||||||||||||
LA-DIX0006-002 |
WILLIE GREEN | KCS RESOURCES INC | 3/21/2007 | 2088382 | LA | Caddo | ||||||||||||
2089136 | ||||||||||||||||||
LA-DIX0006-003 |
LELA GREEN TATE | KCS RESOURCES INC | 2/27/2007 | 2089136 | LA | Caddo | ||||||||||||
2102683 | ||||||||||||||||||
LA-DIX0006-004 |
SAM GREEN JR | KCS RESOURCES, INC. | 2/12/2007 | 2102683 | LA | Caddo | ||||||||||||
2102679 | ||||||||||||||||||
LA-DIX0006-005 |
PRISCILLA GREEN JAMES | KCS RESOURCES, INC. | 3/21/2007 | 2102679 | LA | Caddo | ||||||||||||
2102942 | ||||||||||||||||||
2102942 | ||||||||||||||||||
LA-DIX0006-006 |
CURLEE GREEN WATSON | KCS RESOURCES, INC. | 3/3/2007 | LA | Caddo | |||||||||||||
2117092 | ||||||||||||||||||
LA-DIX0006-007 |
CAROLINE MILLER | KCS RESOURCES INC | 3/21/2007 | 2117092 | LA | Caddo | ||||||||||||
2089137 | ||||||||||||||||||
LA-DIX0007-001 |
PEARLIE BLAZE KNOX | KCS RESOURCES INC | 2/12/2007 | 2089137 | LA | Caddo | ||||||||||||
LA-DIX0007-002 |
ROBERT BLAZE | KCS RESOURCES INC | 3/7/2007 | 2092831 | LA | Caddo | ||||||||||||
LA-DIX0007-003 |
JESSIE JAMES BLAZE | KCS RESOURCES INC | 2/12/2007 | 2088373 | LA | Caddo | ||||||||||||
LA-DIX0008-000 |
GEORGIA MAE WALKER | KCS RESOURCES INC | 2/12/2007 | 2102675 | LA | Caddo | ||||||||||||
LA-DIX0009-000 |
OLEY BRADFORD | KCS RESOURCES INC | 2/13/2007 | 2102674 | LA | Caddo | ||||||||||||
LA-DIX0010-000 |
LYNDORIA THOMAS TAYLOR | KCS RESOURCES INC | 3/6/2007 | 2102672 | LA | Caddo | ||||||||||||
LA-DIX0011-000 |
ROXIE DAVENPORT ASHLEY | KCS RESOURCES INC | 2/12/2007 | 2102944 | LA | Caddo | ||||||||||||
LA-DIX0012-000 |
JEAN C BRIERRE | KCS RESOURCES INC | 5/8/2007 | 2102682 | LA | Caddo | ||||||||||||
LA-DIX0013-000 |
BEAULAH T CARRY | KCS RESOURCES INC | 2/12/2007 | 2102678 | LA | Caddo | ||||||||||||
CURLEE GREEN WATSON INDIV AND | ||||||||||||||||||
LA-DIX0014-001 |
AS USUFRUCT ETHEL MAE WATSON STEVENS | KCS RESOURCES, INC. | 3/6/2007 | 2102684 | LA | Caddo | ||||||||||||
LA-DIX0015-001 |
JOHN LEE BROOKS | KCS RESOURCES, INC. | 2/12/2007 | DOC. #2102676 |
LA | Caddo | ||||||||||||
LA-DIX0016-001 |
LEON BROOKS | KCS RESOURCES, INC. | 2/12/2007 | 2102685 | LA | Caddo | ||||||||||||
LA-DIX0016-002 |
TERRY RAY BROOKS | KCS RESOURCES, INC. | 2/12/2007 | 2102673 | LA | Caddo | ||||||||||||
LA-DIX0017-000 |
CHARLIE CALDWELL | KCS RESOURCES, INC. | 4/19/2007 | 2145942 | LA | Caddo | ||||||||||||
2117055 | ||||||||||||||||||
2117055 | ||||||||||||||||||
2117055 | ||||||||||||||||||
2117055 | ||||||||||||||||||
2117055 | ||||||||||||||||||
LA-DIX0018-001 |
EDWARD RAY VOLENTINE ET UX | KCS RESOURCES, INC. | 7/23/2007 | 2117055 | LA | Caddo | ||||||||||||
2117115 | ||||||||||||||||||
LA-DIX0018-002 |
PATTIE PITTMAN GILBERT | KCS RESOURCES, INC. | 7/23/2007 | 2117115 | LA | Caddo | ||||||||||||
SUCCESSION OF DAVID C CROW DECEASED | ||||||||||||||||||
REPRESENTED BY JOHN DAVID CROW, INDEP EXECUTOR AND | ||||||||||||||||||
LA-DIX0018-003 |
GRETCHEN SMITH | KCS RESOURCES, INC | 8/9/2007 | 2117090 | LA | Caddo | ||||||||||||
LA-LGW0192-000 |
WILLIAM R DUDLEY ET UX | PETROHAWK PROPERTIES LP | 5/14/2008 | 2167210 | LA | Caddo | ||||||||||||
1291 | 67 | 528457 | ||||||||||||||||
LA-LGW0261-000 |
E T CURRIE ET AL | GEORGE A HADDAD JR | 2/10/1971 | 1291 | 67 | 528457 | LA | Caddo | ||||||||||
LA-LGW0262-001 |
VIRGINIA WOOD MOORE ET VIR | LEE KINNEBREW | 12/1/1978 | 1713 | 189 | 785357 | LA | Caddo | ||||||||||
LA-LGW0263-001 |
EUGENIA WOOD TULLOS ET VIR | LEE KINNEBREW | 1/2/1979 | 1713 | 194 | 785358 | LA | Caddo |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
2127675 | ||||||||||||||||||
2127675 | ||||||||||||||||||
2127675 | ||||||||||||||||||
LA-LGW0287-000 |
STATE OF LOUISIANA #19501 | KCS RESOURCES, INC. | 10/10/2007 | 2127675 | LA | Caddo | ||||||||||||
LA-LGW0359-000 |
MARJORIE CURRIE LACOUR | MOORINGSPORT ENERGY PROD CORP | 12/7/1982 | 505 | 933262 | LA | Caddo | |||||||||||
LA-LGW0360-000 |
BILL W SMITH ET UX | MOORINGSPORT ENERGY PROD CORP | 12/13/1982 | 1993 | 509 | 933263 | LA | Caddo | ||||||||||
LA-LGW0361-000 |
JULIA DAVIS HUTCHINSON | MOORINGSPORT ENERGY PROD CORP | 1/4/1983 | 1993 | 500 | 933261 | LA | Caddo | ||||||||||
LA-LGW0362-000 |
SUSAN F ROBERTS ET AL | VECTOR INVESTMENTS ET AL | 3/1/1983 | 2008 | 404 | 939711 | LA | Caddo | ||||||||||
LA-LGW0363-000 |
STATE OF LOUISIANA #10643 | JOHN D BERNHARDT | 3/14/1983 | 2031 | 347 | 949961 | LA | Caddo | ||||||||||
LA-LGW0364-000 |
H A CUSHMAN ET AL | GEORGE A HADDAD JR | 3/1/1971 | 1289 | 684 | 528010 | LA | Caddo | ||||||||||
2171083 | ||||||||||||||||||
LA-LGW0368-000 |
TIMOTHY S HEFFERN | PETROHAWK PROPERTIES LP | 7/15/2008 | 2171083 | LA | Caddo | ||||||||||||
2248054 | ||||||||||||||||||
2248054 | ||||||||||||||||||
2248054 | ||||||||||||||||||
LA-LGW0370-001 |
BRONNER FAMILY INVESTMENTS LLC | PETROHAWK PROPERTIES LP | 6/11/2009 | 2248054 | LA | Caddo | ||||||||||||
LA-LBN0012-000 |
OTIS WELCH | F B KING JR | 6/17/1961 | 267 | 233 | 226703 | LA | Claiborne | ||||||||||
LA-LBN0013-000 |
JOHN MERRILL ET AL | F B KING JR | 6/17/1961 | 267 | 279 | 226727 | LA | Claiborne | ||||||||||
LA-LBN0014-000 |
HOWARD A LEE | F B KING JR | 6/24/1961 | 267 | 275 | 226726 | LA | Claiborne | ||||||||||
LA-LBN0015-000 |
W W (EVA) BENNETT ET AL | F B KING JR | 11/21/1960 | 263 | 137 | 225647 | LA | Claiborne | ||||||||||
LA-LBN0016-000 |
PAULINE BARHAM DREWETT | F B KING JR | 11/27/1961 | 263 | 297 | 225732 | LA | Claiborne | ||||||||||
LA-LBN0017-000 |
JOHN S PATTON | F B KING JR | 1/30/1961 | 263 | 301 | 225733 | LA | Claiborne | ||||||||||
LA-LBN0018-000 |
FRED B COLVIN ET AL | F B KING JR | 1/30/1961 | 263 | 305 | 225734 | LA | Claiborne | ||||||||||
LA-LBN0019-000 |
FRED B COLVIN ET AL | F B KING JR | 1/30/1961 | 263 | 309 | 225735 | LA | Claiborne | ||||||||||
LA-LBN0020-000 |
LISBON UNITED METHODIST CHURCH | GULF OIL CORPORATION | 3/30/1959 | 238 | 256 | 219939 | LA | Claiborne | ||||||||||
LA-LBN0021-001 |
B W WHITE ET AL | F B KING JR | 3/21/1961 | 267 | 41 | 226598 | LA | Claiborne | ||||||||||
LA-LBN0021-002 |
B W WHITE | G T WHITE | 3/21/1960 | 252 | 334 | 223196 | LA | Claiborne | ||||||||||
LA-LBN0022-000 |
T F GREESON ET AL | FRANK J HALL | 5/24/1960 | 254 | 484 | 223739 | LA | Claiborne | ||||||||||
LA-LBN0023-000 |
JOHN S PATTON | C C BARHAM | 1/26/1956 | 208301 | LA | Claiborne | ||||||||||||
176 | 380 | 183306 | ||||||||||||||||
LA-LBN0024-000 |
G T DAWSON ET AL | LEONARD W PHILLIPS | 10/12/1949 | 176 | 380 | 208301 | LA | Claiborne | ||||||||||
LA-LBN0025-000 |
CURTIS KILLGORE ET UX | F B KING JR | 5/19/1961 | 266 | 138 | 226463 | LA | Claiborne | ||||||||||
LA-LBN0026-000 |
LUCILLE DOSS | F B KING JR | 6/19/1961 | 267 | 229 | 226702 | LA | Claiborne | ||||||||||
LA-LBN0027-001 |
F M LOWREY ET AL | F B KING JR | 11/8/1960 | 260 | 321 | 225145 | LA | Claiborne | ||||||||||
260 | 325 | 225146 | ||||||||||||||||
273 | 137 | 228148 | ||||||||||||||||
LA-LBN0027-002 |
DALE LOWREY | F B KING JR | 11/8/1960 | 292 | 327 | 232535 | LA | Claiborne | ||||||||||
LA-LBN0028-000 |
JACK COPELAND | GULF OIL CORP | 10/23/1962 | 283 | 361 | 230500 | LA | Claiborne | ||||||||||
LA-LBN0029-000 |
L C STARR | SKYLAR OIL CO | 3/23/1959 | 237 | 494 | 93408 | LA | Claiborne | ||||||||||
B W BAILEY | ||||||||||||||||||
LA-LBN0030-000 |
A/K/A ELLA BAILEY | SKYLAR OIL CO | 3/12/1959 | 235 | 314 | 93407 | LA | Claiborne | ||||||||||
LA-LBN0031-000 |
C S L PATTON ET AL | F B KING | 1/21/1958 | 230 | 274 | 215638 | LA | Claiborne | ||||||||||
LA-LBN0032-000 |
C E PATTON | F B KING | 1/21/1958 | 230 | 275 | 215639 | LA | Claiborne | ||||||||||
165 | 124 | 174231 | ||||||||||||||||
LA-LBW0001-001 |
PEARL WHITE ET AL | O A ROBINSON | 12/31/1947 | 165 | 124 | 174231 | LA | Claiborne | ||||||||||
LA-LBW0002-001 |
CHRISTINE LANEY HEATH ET AL | G H VAUGHN JR AND JACK C VAUGHN | 4/7/1958 | 216408 | LA | Claiborne | ||||||||||||
LA-LBW0002-002 |
ELIZABETH ANN WASSEN GLEASON | G H VAUGHN JR AND JACK C VAUGHN | 5/7/1958 | 216714 | LA | Claiborne | ||||||||||||
LA-LBW0002-003 |
LINDSEY LAND COMPANY ET AL | G H VAUGHN JR AND JACK C VAUGHN | 5/20/1958 | 217323 | LA | Claiborne | ||||||||||||
LA-LBW0003-001 |
M W AYCOCK ET AL | G G NESBITT JR | 7/18/1958 | 217561 | LA | Claiborne | ||||||||||||
LA-LBW0003-002 |
ESTATE OF B F WHITAKER DECD ET AL | G H VAUGHN PRODUCTION COMPANY | 7/22/1958 | 235 | 107 | 217476 | LA | Claiborne | ||||||||||
LA-LBW0003-003 |
THOMAS W KILLGORE JR ET AL | WILLIAM J NESBITT | 7/20/1958 | 217562 | LA | Claiborne |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-LBW0003-004 |
MARJORIE WELCH | WILLIAM J NESBITT | 7/21/1958 | 217563 | LA | Claiborne | ||||||||||||
LA-LBW0004-001 |
ARTHUR HENRY ET AL | JACK T EVERETT | 1/8/1949 | 172 | 255 | LA | Claiborne | |||||||||||
LA-LBW0004-002 |
FRANKLIN R HENRY | TXO PRODUCTION CORP | 10/12/1980 | 757 | 136 | 341323 | LA | Claiborne | ||||||||||
LA-LBW0004-003 |
ARLIVIA HENRY WHITE | TXO PRODUCTION CORP | 1/5/1988 | 744 | 299 | 340273 | LA | Claiborne | ||||||||||
LA-LBW0004-004 |
JOSEPH A HENRY | TXO PRODUCTION CORP | 1/5/1988 | 744 | 199 | 340235 | LA | Claiborne | ||||||||||
LA-LBW0004-005 |
BOBBY HENRY | TXO PRODUCTION CORP | 1/5/1988 | 743 | 254 | 340162 | LA | Claiborne | ||||||||||
LA-LBW0004-006 |
ARTHUR LEE HENRY ET UX | TXO PRODUCTION CORP | 1/5/1988 | 743 | 159 | 340123 | LA | Claiborne | ||||||||||
LA-LBW0004-007 |
ANVIL HENRY ET UX | TXO PRODUCTION CORP | 1/5/1988 | 734 | 99 | 339772 | LA | Claiborne | ||||||||||
LA-LBW0004-008 |
MILTON HENRY | TXO PRODUCTION CORP | 1/5/1988 | 731 | 272 | 339460 | LA | Claiborne | ||||||||||
LA-LBW0004-009 |
JEWELL MCCRARY HENRY | TXO PRODUCTION CORP | 1/5/1988 | 725 | 173 | 338850 | LA | Claiborne | ||||||||||
LA-LBW0004-010 |
ALLEN B HENRY | TXO PRODUCTION CORP | 1/5/1988 | 724 | 80 | 338771 | LA | Claiborne | ||||||||||
LA-LBW0004-011 |
OCIE JEAN FORTUNE | TXO PRODUCTION CORP | 1/5/1988 | 723 | 58 | 338585 | LA | Claiborne | ||||||||||
LA-LBW0004-012 |
E E HENRY ET UX | TXO PRODUCTION CORP | 1/5/1988 | 723 | 54 | 338584 | LA | Claiborne | ||||||||||
LA-LBW0004-013 |
MARGARET N HENRY WOODS | TXO PRODUCTION CORP | 1/5/1988 | 717 | 94 | 338033 | LA | Claiborne | ||||||||||
LA-LBW0005-000 |
R O PRYOR | UNION PRODUCING COMPANY | 8/19/1948 | 169 | 204 | 176834 | LA | Claiborne | ||||||||||
LA-LBW0006-000 |
R O PRYOR | UNION PRODUCING COMPANY | 8/19/1948 | 169 | 201 | 176833 | LA | Claiborne | ||||||||||
LA-LBW0007-000 |
M B ENGLISH | O A ROBINSON | 1/3/1948 | 174230 | LA | Claiborne | ||||||||||||
LA-LBW0009-000 |
F B KING ET AL | THE TEXAS COMPANY | 4/9/1946 | 167785 | LA | Claiborne | ||||||||||||
LA-LBW0010-000 |
JOSEPHINE WILLIS ETVIR | G H VAUGHN PRODUCTION COMPANY | 4/30/1959 | 239 | 234 | 220239 | LA | Claiborne | ||||||||||
LA-LBW0011-001 |
GUSSIE WEST ET VIR | G H VAUGHN PRODUCTION COMPANY | 4/30/1959 | 239 | 239 | 220241 | LA | Claiborne | ||||||||||
LA-LBW0011-002 |
O N MEADOWS ET UX | G H VAUGHN PRODUCTION COMPANY | 4/30/1959 | 239 | 243 | 220242 | LA | Claiborne | ||||||||||
LA-LBW0011-003 |
O S MIDDLEBROOK ET UX | G H VAUGHN PRODUCTION COMPANY | 4/30/1959 | 239 | 247 | 220243 | LA | Claiborne | ||||||||||
LA-LBW0011-004 |
WIDEMAN WATSON ET UX | G H VAUGHN PRODUCTION COMPANY | 4/30/1959 | 239 | 251 | 220244 | LA | Claiborne | ||||||||||
LA-LBW0011-005 |
E W GILL ET UX | G H VAUGHN PRODUCTION COMPANY | 4/30/1959 | 239 | 255 | 220245 | LA | Claiborne | ||||||||||
LA-LBW0011-006 |
A B ATKINS ET UX | G H VAUGHN PRODUCTION COMPANY | 4/30/1959 | 239 | 259 | 220246 | LA | Claiborne | ||||||||||
LA-LBW0012-000 |
NODIE WEST WIFE OF KING WEST | G H VAUGHN PRODUCTION COMPANY | 7/8/1959 | 244 | 256 | 221443 | LA | Claiborne | ||||||||||
LA-LBW0013-000 |
J MELTON OAKES ET AL | THE TEXAS COMPANY | 7/28/1953 | 199044 | LA | Claiborne | ||||||||||||
LA-LBW0014-001 |
MARY AYCOCK LANEY ET AL | W J BUDD | 3/14/1952 | 194635 | LA | Claiborne | ||||||||||||
LA-LBW0014-002 |
ELIZABETH ANN W GLEASON ET AL | W J BUDD | 5/10/1952 | 194764 | LA | Claiborne | ||||||||||||
LA-LBW0014-003 |
H E PATTON ET AL | F M ROOME | 8/26/1952 | 195698 | LA | Claiborne | ||||||||||||
LA-LBW0015-001 |
KETHA KING WOODARD ET VIR | MEDALLION PRODUCTION COMPANY | 12/10/1995 | 1060 | 222 | 375210 | LA | Claiborne | ||||||||||
LA-LTC0001-001 |
JAKE WALKER | CHARLES L MEADOWS | 3/3/1975 | 409 | 73 | LA | Claiborne | |||||||||||
LA-LTC0002-001 |
JAMES K GLADNEY ET AL | PERRY G HOLLOWAY | 12/28/1974 | 406 | 364 | LA | Claiborne | |||||||||||
LA-LTC0002-002 |
MARY GLADNEY HAYS | PERRY G HOLLOWAY | 1/6/1975 | 506 | 560 | LA | Claiborne | |||||||||||
LA-PCK0001-001 |
TYRELLE MEADOWS MAYBERRY ET AL | PETROFUNDS INC | 3/23/1977 | 438 | 5 | 279280 | LA | Claiborne | ||||||||||
LA-PCK0001-002 |
LUCY ANN DEASON | PETROFUNDS INC | 3/28/1977 | 439 | 550 | 279809 | LA | Claiborne | ||||||||||
LA-PCK0002-000 |
MRS LULA SKINNER ET AL | F B KING | 3/7/1940 | 117 | 291 | 134089 | LA | Claiborne | ||||||||||
LA-PCK0003-000 |
DAUCIE BUTLER PRATT ET AL | DAL LONG OIL COMPANY | 11/18/1968 | 351 | 213 | 249065 | LA | Claiborne | ||||||||||
LA-PCK0004-001 |
HENRY LEON BRENNER | PETROFUNDS INC | 5/19/1969 | 355 | 119 | LA | Claiborne | |||||||||||
LA-PCK0004-002 |
DR REASE MITCHAM ANNA WGILLER TRUST | MATLOOK OIL CORPORATION | 12/6/1969 | 358 | 156 | 251939 | LA | Claiborne | ||||||||||
LA-PCK0004-003 |
WALTER J GILLER MANAGING TRUSTEE | PETROFUNDS INC | 4/19/1969 | 354 | 798 | LA | Claiborne | |||||||||||
LA-PCK0004-004 |
MABEL L KLEIN DEER | MATLOCK OIL CORPORATION | 12/11/1969 | 358 | 148 | 251937 | LA | Claiborne | ||||||||||
LA-PCK0004-005 |
R U MADDOX ET AL | MATLOCK OIL CORPORATION | 12/11/1969 | 358 | 152 | 251938 | LA | Claiborne | ||||||||||
LA-PCK0005-000 |
JAMES R FULLER ET AL | DAL LONG OIL CO | 11/19/1968 | 351 | 219 | 249066 | LA | Claiborne | ||||||||||
LA-PCK0006-000 |
HILTON E REYNOLDS | PETROFUNDS INC | 4/23/1969 | 354 | 794 | LA | Claiborne | |||||||||||
LA-PCK0007-001 |
FAIR BUTLER DIGBY | PETROFUNDS INC | 4/29/1969 | 354 | 766 | 250562 | LA | Claiborne | ||||||||||
LA-PCK0007-002 |
VERA THOMPSON ET AL | PETROFUNDS INC | 4/29/1969 | 354 | 528 | 250468 | LA | Claiborne | ||||||||||
LA-PCK0007-003 |
VERNA T GILL ET AL | PETROFUNDS INC | 4/21/1969 | 354 | 786 | 250567 | LA | Claiborne | ||||||||||
LA-PCK0007-004 |
DR REASE MITCHAM | PETROFUNDS INC | 4/21/1969 | 354 | 782 | 250566 | LA | Claiborne | ||||||||||
LA-PCK0007-005 |
G C HICKS ET AL | C H C GERARD | 9/19/1969 | 356 | 546 | 251312 | LA | Claiborne |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-PCK0007-006 |
DAUCIE BUTLER PRATT ET AL | MATLOCK OIL CORPORATION | 8/26/1969 | 356 | 478 | 251278 | LA | Claiborne | ||||||||||
LA-PCK0008-000 |
CLARE C CLARK ET AL | PAT N MASON | 6/29/1968 | 350 | 440 | 248666 | LA | Claiborne | ||||||||||
LA-SGC0011-000 |
EDDIE RAY ALLEN | HOOD PETROLEUM INC | 4/5/2005 | 1359 | 162 | 416076 | LA | Claiborne | ||||||||||
LA-SGC0012-000 |
ROBERT JOSEPH KING | HOOD PETROLEUM INC | 5/6/2005 | 1359 | 165 | 416077 | LA | Claiborne | ||||||||||
OZLEY D LTD REPRESENTED BY OZLEY D LLC | ||||||||||||||||||
LA-SGC0019-001 |
LAMAR E OZLEY JR AS MANAGER | KCS RESOURCES INC | 9/7/2005 | 1372 | 49 | 417733 | LA | Claiborne | ||||||||||
OZLEY A LTD REPRESENTED BY OZLEY A LLC | ||||||||||||||||||
LA-SGC0019-002 |
LAMAR E OZLEY JR AS MANAGER | KCS RESOURCES INC | 9/7/2005 | 1372 | 46 | 417732 | LA | Claiborne | ||||||||||
1424 | 63 | 424514 | ||||||||||||||||
1221 | 471 | F84581 | ||||||||||||||||
1181 | 513 | F67893 | ||||||||||||||||
LA-SGC0020-000 |
JAMES B SMITH ET UX | KCS RESOURCES INC | 8/30/2005 | 1379 | 88 | 418797 | LA | Claiborne | ||||||||||
LA-SGC0021-001 |
DAVID R COX | KCS RESOURCES INC | 12/14/2005 | 1375 | 135 | 418231 | LA | Claiborne | ||||||||||
LA-SGC0022-001 |
GEORGE H MEADORS ET UX | KCS RESOURCES INC | 8/16/2005 | 1181 | 516 | LA | Claiborne | |||||||||||
1394 | 177 | 420895 | ||||||||||||||||
LA-SGC0022-002 |
JAMES O SMITH III | KCS RESOURCES INC | 3/2/2006 | 1394 | 177 | 420895 | LA | Claiborne | ||||||||||
LA-SGC0022-003 |
W MARSHALL SHAW JR ET AL | KCS RESOURCES, INC. | 5/2/2008 | 1477 | 151 | 430653 | LA | Claiborne | ||||||||||
1371 | 62 | 417659 | ||||||||||||||||
1376 | 275 | 418418 | ||||||||||||||||
1371 | 62 | 417659 | ||||||||||||||||
1376 | 275 | 418418 | ||||||||||||||||
1371 | 62 | 417659 | ||||||||||||||||
LA-SGC0022-004 |
MAXCO PROPERTIES LC | HOOD PETROLEUM INC | 8/20/2005 | 1376 | 275 | 418418 | LA | Claiborne | ||||||||||
1366 | 53 | 416922 | ||||||||||||||||
LA-SGC0022-005 |
RUTH GILL JAMES | HOOD PETROLEUM INC | 8/10/2005 | 1366 | 53 | 416922 | LA | Claiborne | ||||||||||
THE PAIGE ELIZABETH PRINCE TRUST | 1369 | 152 | 417361 | |||||||||||||||
LA-SGC0022-008 |
JOHN COLLIER PATTON AT TRUSTEE | HOOD PETROLEUM INC | 8/29/2005 | 1369 | 152 | 417361 | LA | Claiborne | ||||||||||
1369 | 158 | 417362 | ||||||||||||||||
LA-SGC0022-009 |
JOHN COLLIER PATTON | HOOD PETROLEUM INC | 8/29/2005 | 1369 | 158 | 417362 | LA | Claiborne | ||||||||||
1367 | 1 | 417029 | ||||||||||||||||
LA-SGC0022-010 |
RENE LEWIS DROUIN ET UX | HOOD PETROLEUM INC | 8/26/2005 | 1367 | 1 | 417029 | LA | Claiborne | ||||||||||
ELIZABETH ANN MEADORS HUEY | 1369 | 146 | 417360 | |||||||||||||||
LA-SGC0022-011 |
GEORGE H MEADORS AS AGENT & ATTORNEY IN FACT | HOOD PETROLEUM INC | 8/29/2005 | 1369 | 146 | 417360 | LA | Claiborne | ||||||||||
1366 | 59 | 416923 | ||||||||||||||||
LA-SGC0022-012 |
PAULYN GILL DOUGHERTY | HOOD PETROLEUM INC | 8/10/2005 | 1366 | 59 | 416923 | LA | Claiborne | ||||||||||
JOHN M CARPENTER TESTAMENTARY TRUST | 1372 | 187 | 417798 | |||||||||||||||
LA-SGC0022-013 |
MARY WILKES MEADORS CARPENTER AS TRUSTEE | HOOD PETROLEUM INC | 8/29/2005 | 1372 | 187 | 417798 | LA | Claiborne | ||||||||||
1372 | 181 | 417797 | ||||||||||||||||
LA-SGC0022-014 |
MARY WILKES MEADORS CARPENTER | HOOD PETROLEUM INC | 8/29/2005 | 1372 | 181 | 417797 | LA | Claiborne | ||||||||||
CAROLYN GILL TOPP | ||||||||||||||||||
VIRGINIA GILL SCHNEIDER AS AGENT & ATTORNEY IN | 1370 | 298 | 417631 | |||||||||||||||
LA-SGC0022-015 |
FACT | HOOD PETROLEUM INC | 8/20/2005 | 1370 | 298 | 417631 | LA | Claiborne | ||||||||||
JOHN TORBERT GILL | ||||||||||||||||||
VIRGINIA GILL SCHNEIDER AS AGENT & ATTORNEY IN | 1374 | 191 | 418117 | |||||||||||||||
LA-SGC0022-016 |
FACT | HOOD PETROLEUM INC | 8/20/2005 | 1374 | 191 | 418117 | LA | Claiborne | ||||||||||
GLEN RICHARD GILL | ||||||||||||||||||
VIRGINIA GILL SCHNEIDER AS AGENT & ATTORNEY IN | 1371 | 07 | 417633 | |||||||||||||||
LA-SGC0022-017 |
FACT | HOOD PETROLEUM INC | 8/20/2005 | 1371 | 07 | 417633 | LA | Claiborne |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
MARY GILL BRYANT | ||||||||||||||||||
VIRGINIA GILL SCHNEIDER AS AGENT & ATTORNEY IN | 1371 | 13 | 417634 | |||||||||||||||
LA-SGC0022-018 |
FACT | HOOD PETROLEUM INC | 8/20/2005 | 1371 | 13 | 417634 | LA | Claiborne | ||||||||||
1371 | 19 | 417635 | ||||||||||||||||
LA-SGC0022-019 |
VIRGINIA GILL SCHNEIDER | HOOD PETROLEUM INC | 8/20/2005 | 1371 | 19 | 417635 | LA | Claiborne | ||||||||||
1437 | 85 | 425989 | ||||||||||||||||
LA-SGC0052-009 |
ROY ROBERSON | CLAYTON WILLIAMS ENERGY INC | 7/24/2007 | 1228 | 344 | F87348 | LA | Claiborne | ||||||||||
LA-SGC0052-010 |
RUFUS ALLEN | CLAYTON WILLIAMS ENERGY INC | 7/30/2007 | 1437 | 82 | 425988 | LA | Claiborne | ||||||||||
LA-SGC0053-000 |
NANCY LOUISE SPENCER KALLUS | KCS RESOURCES INC | 7/1/2005 | 1364 | 9 | 416608 | LA | Claiborne | ||||||||||
LA-SGC0054-000 |
LAWANA K JOHNSON | KCS RESOURCES INC | 7/7/2005 | 1366 | 113 | 416946 | LA | Claiborne | ||||||||||
LA-SGC0055-000 |
BARBARA KILPATRICK RAY | KCS RESOURCES INC | 7/14/2005 | 1366 | 167 | 416964 | LA | Claiborne | ||||||||||
LA-SGC0056-000 |
ROBERT L WOODARD | KCS RESOURCES INC | 7/20/2005 | 1366 | 170 | 416965 | LA | Claiborne | ||||||||||
LA-SGC0057-000 |
MARY MARGARET KILPATRICK MCKINNEY | KCS RESOURCES INC | 7/14/2005 | 1366 | 176 | 416967 | LA | Claiborne | ||||||||||
1366 | 179 | 416968 | ||||||||||||||||
LA-SGC0058-000 |
DAVID ABE PERSINGER | KCS RESOURCES INC | 7/14/2005 | 1185 | 635 | F69745 | LA | Claiborne | ||||||||||
1366 | 185 | 416970 | ||||||||||||||||
LA-SGC0059-000 |
B J KILPATRICK | KCS RESOURCES INC | 7/12/2005 | 1380 | 263 | 418967 | LA | Claiborne | ||||||||||
67400 | ||||||||||||||||||
LA-SGC0062-000 |
FANNIE L BROWNFIELD ET AL | TRIANGLE DRILLING CO. INC | 2/6/2029 | 71 | 578 | 70709 | LA | Claiborne | ||||||||||
67298 | ||||||||||||||||||
57298 | ||||||||||||||||||
73 | 47 | 71966 | ||||||||||||||||
78 | 7 | 67298 | ||||||||||||||||
73 | 47 | 71966 | ||||||||||||||||
67298 | ||||||||||||||||||
73 | 47 | 71966 | ||||||||||||||||
73 | 47 | 67298 | ||||||||||||||||
LA-SGC0063-001 |
A J HODGES ET AL | TRIANGLE DRILLING CO INC | 2/18/2029 | 73 | 47 | 71966 | LA | Claiborne | ||||||||||
69727 | ||||||||||||||||||
69727 | ||||||||||||||||||
69727 | ||||||||||||||||||
LA-SGC0063-002 |
L M MOFFITT | TRIANGLE DRILLING CO INC | 12/19/2029 | 69727 | LA | Claiborne | ||||||||||||
SOUTHLAND ROYALTY CO REPRESENTED BY P B | ||||||||||||||||||
LA-SGC0063-003 |
LAWRENCE AS PRESIDENT | TRIANGLE DRILLING CO INC | 4/23/2029 | 71 | 559 | LA | Claiborne | |||||||||||
LA-SGC0063-004 |
J F LUCEY ET UX | TRIANGLE DRILLING CO INC | 6/12/2029 | 68614 | LA | Claiborne | ||||||||||||
67312 | ||||||||||||||||||
LA-SGC0064-001 |
A J HODGES ET AL | TRIANGLE DRILLING CO INC | 2/19/2029 | 67312 | LA | Claiborne | ||||||||||||
LA-SGC0064-002 |
J P HAWK | TRIANGLE DRILLING CO INC | 1/15/2029 | 67326 | LA | Claiborne | ||||||||||||
LA-SGC0064-003 |
H R TREADWELL | TRIANGLE DRILLING CO INC | 10/18/2029 | 69324 | LA | Claiborne | ||||||||||||
LA-SGC0064-004 |
FANNIE L BROWNFIELD ET AL | TRIANGLE DRILLING CO INC | 2/28/2029 | 83 | 595 | 67328 | LA | Claiborne | ||||||||||
LA-SGC0064-005 |
A J TREADWELL ET AL | TRIANGLE DRILLING CO INC | 10/30/2029 | LA | Claiborne | |||||||||||||
OBRIEN BROS INC REPRESENTED BY GEORGE P | ||||||||||||||||||
MORAN AS VICE-PRESIDENT AND W J OBRIEN JR AS | ||||||||||||||||||
LA-SGC0065-001 |
SECRETARY | SUGAR CREEK PRODUCING COMPANY | 1/9/1979 | 469 | 203 | 289769 | LA | Claiborne | ||||||||||
LA-SGC0065-002 |
ALVIN J STEVENSON JR | SUGAR CREEK PRODUCING COMPANY | 3/31/1979 | 469 | 198 | 289768 | LA | Claiborne | ||||||||||
469 | 216 | 289772 | ||||||||||||||||
LA-SGC0065-003 |
VERA STEVENSON FRYE ET VIR | SUGAR CREEK PRODUCING COMPANY | 4/12/1979 | 469 | 216 | 289772 | LA | Claiborne | ||||||||||
469 | 221 | 289773 | ||||||||||||||||
LA-SGC0065-004 |
MARGUERITE STEVENSON HALL | SUGAR CREEK PRODUCING COMPANY | 3/28/1979 | 469 | 221 | 289773 | LA | Claiborne |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
471 | 472 | 290470 | ||||||||||||||||
LA-SGC0065-005 |
JOHN T STEVENSON | SUGAR CREEK PRODUCING COMPANY | 4/5/1979 | 471 | 472 | 290470 | LA | Claiborne | ||||||||||
MILLARD P SNYDER AS AGENT AND A-I-F FOR MARIE | ||||||||||||||||||
LA-SGC0065-006 |
PATRICIA SNYDER ET AL | SUGAR CREEK PRODUCING COMPANY | 1/17/1979 | 469 | 208 | 289770 | LA | Claiborne | ||||||||||
LA-SGC0065-007 |
LINDA MERCER FLOYD | SUGAR CREEK PRODUCING COMPANY | 1/17/1979 | 469 | 212 | 289771 | LA | Claiborne | ||||||||||
LA-SGC0065-008 |
WILLIAM H MERCER | SUGAR CREEK PRODUCING COMPANY | 1/17/1979 | 469 | 254 | 289781 | LA | Claiborne | ||||||||||
B H SNYDER INDIVIDUALLY AND AS AGENT AND A-I-F | ||||||||||||||||||
LA-SGC0065-009 |
FOR W M SNYDER JR ET UX | SUGAR CREEK PRODUCING COMPANY | 1/17/1979 | 469 | 258 | 289782 | LA | Claiborne | ||||||||||
MILLARD P SNYDER AS AGENT AND A- I-F FOR JOSEPH | ||||||||||||||||||
LA-SGC0065-010 |
L HODGES JR ET AL | SUGAR CREEK PRODUCING COMPANY | 1/17/1979 | 469 | 262 | 289783 | LA | Claiborne | ||||||||||
JAMES MERCER VARGO IRREVOCABLE TRUST | ||||||||||||||||||
FIRST NATIONAL BANK OF SHREVEPORT TRUSTEE | ||||||||||||||||||
REPRESENTED BY IRENE WRIGHT AS VP & TRUST | ||||||||||||||||||
LA-SGC0065-011 |
OFFICER | SUGAR CREEK PRODUCING COMPANY | 1/25/1979 | 469 | 274 | 289786 | LA | Claiborne | ||||||||||
LA-SGC0065-012 |
GEORGE H MILLS | SUGAR CREEK PRODUCING COMPANY | 8/30/1979 | 476 | 558 | 292181 | LA | Claiborne | ||||||||||
LA-SGC0065-013 |
CORINNE ROY KELLY | SUGAR CREEK PRODUCING COMPANY | 3/21/1979 | 469 | 226 | 289774 | LA | Claiborne | ||||||||||
LA-SGC0065-014 |
ROBERT A ROY | SUGAR CREEK PRODUCING COMPANY | 3/21/1979 | 469 | 230 | 289775 | LA | Claiborne | ||||||||||
LA-SGC0065-015 |
JANE B GABLE ET VIR | SUGAR CREEK PRODUCING COMPANY | 1/25/1979 | 469 | 234 | 289776 | LA | Claiborne | ||||||||||
LA-SGC0065-016 |
LAURA COLEMAN ET VIR | SUGAR CREEK PRODUCING COMPANY | 1/25/1979 | 469 | 238 | 289777 | LA | Claiborne | ||||||||||
THE WILL OF CHARLES ALLEN FRANSWORTH MEMPHIS BANK AND TRUST CO TRUSTEE | ||||||||||||||||||
LA-SGC0065-017 |
REPRESENTED BY JOHN PITREE VP TRUST OFFICER | SUGAR CREEK PRODUCING COMPANY | 1/25/1979 | 469 | 242 | 289778 | LA | Claiborne | ||||||||||
LA-SGC0065-018 |
SARA M ROBERTS ET VIR | SUGAR CREEK PRODUCING COMPANY | 1/25/1979 | 469 | 246 | 289779 | LA | Claiborne | ||||||||||
LA-SGC0065-019 |
DR THAD M MOSELEY ET UX | SUGAR CREEK PRODUCING COMPANY | 1/10/1979 | 469 | 250 | 289780 | LA | Claiborne | ||||||||||
LA-SGC0065-020 |
CLAUDIA P MOSS | SUGAR CREEK PRODUCING COMPANY | 1/10/1979 | 469 | 270 | 289785 | LA | Claiborne | ||||||||||
LA-SGC0065-021 |
MCKENZIE AND BAER LAW FIRM | SUGAR CREEK PRODUCING COMPANY | 6/1/1979 | 471 | 464 | 290468 | LA | Claiborne | ||||||||||
SUSIE L WADLEY TESTAMENTARY TRUST #2 | ||||||||||||||||||
LA-SGC0065-022 |
ROBERT SINCLAIR SUCCESSOR TRUSTEE | SUGAR CREEK PRODUCING COMPANY | 4/16/1979 | 471 | 468 | 290469 | LA | Claiborne | ||||||||||
ATCHLEY, RUSSELL, WALDROP AND HLAVINKA LAW | ||||||||||||||||||
LA-SGC0065-023 |
FIRM | SUGAR CREEK PRODUCING COMPANY | 6/1/1979 | 471 | 877 | 290611 | LA | Claiborne | ||||||||||
LA-SGC0065-024 |
EMILY W DEWARE ET AL | SUGAR CREEK PRODUCING COMPANY | 6/1/1979 | 473 | 893 | 291171 | LA | Claiborne | ||||||||||
LA-SGC0065-025 |
HOMER BURROWS ET UX | SUGAR CREEK PRODUCING COMPANY | 1/25/1979 | 477 | 261 | 292418 | LA | Claiborne | ||||||||||
MILLARD P SNYDER AS AGENT AND A-I-F FOR JOHN A | ||||||||||||||||||
LA-SGC0065-026 |
LOHMAN AND NANCY LOHMAN STAUB | SUGAR CREEK PRODUCING COMPANY | 1/17/1979 | 469 | 266 | 289784 | LA | Claiborne | ||||||||||
LA-SGC0065-027 |
EXXON CORPORATION | SUGAR CREEK PRODUCING CO. | 11/1/1979 | 521 | 455 | 306945 | LA | Claiborne | ||||||||||
929 | 40 | 358962 | ||||||||||||||||
929 | 40 | 358962 | ||||||||||||||||
929 | 40 | 358962 | ||||||||||||||||
LA-SGC0065-028 |
EXXON CORPORATION | SUGAR CREEK PRODUCING COMPANY | 1/1/1992 | 929 929 |
40 40 |
358962 358962 |
LA | Claiborne | ||||||||||
LA-SGC0067-001 |
EASIE KEEN | UNION PRODUCING COMPANY | 8/21/1956 | 221 | 151 | LA | Claiborne | |||||||||||
95 | 52 | |||||||||||||||||
95 | 52 | |||||||||||||||||
LA-SGC0068-000 |
TONY DURRETT ETAL | SUGAR CREEK SYNDICATE INC ET AL | 6/22/1934 | 95 | 52 | LA | Claiborne | |||||||||||
LA-SGC0069-000 |
W J KEEN | A G BIRDWELL | 3/21/1952 | 193 | 300 | 194393 | LA | Claiborne | ||||||||||
LA-SGC0070-000 |
L E OZLEY | B G BYARS | 8/14/1956 | 221 | 190 | 210534 | LA | Claiborne | ||||||||||
LA-SGC0071-000 |
BEULAH FORTSON | UNION PRODUCING COMPANY ET AL | 8/22/1956 | 221 | 210 | 210652 | LA | Claiborne | ||||||||||
LA-SGC0072-001 |
ADDIE DURRETT | LA GLORIA OIL AND GAS COMPANY | 3/1/1957 | 225 | 271 | 212707 | LA | Claiborne | ||||||||||
LA-SGC0072-002 |
JOHN DURRETT | LA GLORIA OIL AND GAS COMPANY | 3/1/1957 | 225 | 285 | 212767 | LA | Claiborne |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SGC0072-003 |
FRANK DURRETT | LA GLORIA OIL AND GAS COMPANY | 3/1/1957 | 225 | 286 | 212768 | LA | Claiborne | ||||||||||
LA-SGC0073-001 |
L E OZLEY | TIDEWATER OIL COMPANY | 9/17/1957 | 214580 | LA | Claiborne | ||||||||||||
LA-SGC0073-P02 |
LAMAR E OZLEY | SUGAR CREEK PRODUCING CO | 4/4/1978 | 454 | 843 | LA | Claiborne | |||||||||||
HAYNES B OWNBY DRILLING COMPANY ET | 230 | 218 | 214935 | |||||||||||||||
LA-SGC0074-000 |
ELLA MAE HASSELL ET AL | AL | 11/11/1957 | 230 | 218 | 214935 | LA | Claiborne | ||||||||||
LA-SGC0075-001 |
R A HASSELL ET AL | LA GLORIA OIL AND GAS COMPANY | 3/14/1957 | 230 | 317 | 216230 | LA | Claiborne | ||||||||||
298 | 146 | 233780 | ||||||||||||||||
LA-SGC0075-002 |
R A HASSELL ET AL | HOOD GOLDSBERRY | 1/3/1964 | 298 | 146 | 233780 | LA | Claiborne | ||||||||||
LA-SGC0076-001 |
J RALPH GOFF | SUGAR CREEK PRODUCING COMPANY | 8/17/1977 | 445 | 591 | 281713 | LA | Claiborne | ||||||||||
LA-SGC0076-002 |
MARIE IVEY CASKEY | SUGAR CREEK PRODUCING COMPANY | 8/25/1977 | 446 | 164 | 281872 | LA | Claiborne | ||||||||||
W M DOBBINS NATURAL TUTOR FOR THE MINORS | ||||||||||||||||||
LON HENDERSON, ERLINE AND CLOYE MILDRED | STANDARD OIL COMPANY OF LOUISIANA ET | |||||||||||||||||
LA-SGC0077-000 |
DOBBINS | AL | 10/28/1931 | 86 | 165 | LA | Claiborne | |||||||||||
LA-SGC0078-P02 |
J M KILPATRICK ET AL | TRIANGLE DRILLING CO INC | 2/28/2029 | 73 | 152 | 68615 | LA | Claiborne | ||||||||||
73 | 45 | 67296 | ||||||||||||||||
74 | 248 | 69788 | ||||||||||||||||
LA-SGC0079-000 |
W M DOBBINS ET AL | TRIANGLE DRILLING CO INC | 12/12/2028 | 86 | 167 | 80691 | LA | Claiborne | ||||||||||
73 | 57 | 67309 | ||||||||||||||||
LA-SGC0080-000 |
J W STEVENSON ET AL | TRIANGLE DRILLING CO INC | 11/27/2028 | 74 | 249 | 69789 | LA | Claiborne | ||||||||||
LA-SGC0082-000 |
L C GARDNER | A R WHERRITT | 7/6/1951 | 192 | 162 | LA | Claiborne | |||||||||||
225 | 16 | |||||||||||||||||
195 | 415 | |||||||||||||||||
195 | 423 | |||||||||||||||||
195 | 422 | |||||||||||||||||
LA-SGC0083-001 |
MARY L BAILEY ET AL | UNION PRODUCING CO ET AL | 9/5/1956 | 195 | 428 | LA | Claiborne | |||||||||||
LA-SGC0084-000 |
SAM ANDREWS ET AL | TRIANGLE DRILLING CO INC | 3/7/2029 | 73 | 56 | LA | Claiborne | |||||||||||
73 | 83 | |||||||||||||||||
LA-SGC0085-001 |
A J HODGES ET AL | TRIANGLE DRILLING CO INC | 2/18/2029 | 73 | 83 | LA | Claiborne | |||||||||||
T W AUBREY, NATURAL TUTOR FOR THE MINOR FLORA | ||||||||||||||||||
LA-SGC0085-002 |
AUBREY AND LAWRENCE BROWN | L M MOFFITT | 2/8/1930 | 76 | 2 | LA | Claiborne | |||||||||||
LA-SGC0085-003 |
J G WILSON | L M MOFFITT | 2/11/1930 | 76 | 3 | LA | Claiborne | |||||||||||
LA-SGC0086-000 |
ADDIE ANDREWS DARRETT | J M MOSLEY | 2/1/1930 | 73 | 183 | LA | Claiborne | |||||||||||
LA-SGC0087-000 |
ANNIE HARRIS ET AL | TRIANGLE DRILLING CO INC | 8/4/1930 | 79 | 415 | LA | Claiborne | |||||||||||
LA-SGC0088-001 |
RUFUS SIMS ET AL | TRIANGLE DRILLING CO INC | 1/1/2029 | 73 | 62 | LA | Claiborne | |||||||||||
LA-SGC0088-002 |
RUFUS SIMS ET AL | UNITED GAS PUBLIC SERVICE CO ET AL | 5/31/1933 | 88 | 411 | LA | Claiborne | |||||||||||
LA-SGC0089-000 |
ANNE HARRIS ET AL | UNITED GAS PUBLIC SERVICE CO ET AL | 5/31/1933 | 88 | 419 | LA | Claiborne | |||||||||||
LA-SGC0090-001 |
DAYTON SIMS | UNION PRODUCING COMPANY ET AL | 3/9/1957 | 230 | 2 | LA | Claiborne | |||||||||||
LA-SGC0090-P02 |
DAYTON SIMS ET AL | SUGAR CREEK PRODUCING COMPANY | 7/20/1978 | 459 | 600 | LA | Claiborne | |||||||||||
LA-SGC0091-000 |
LESTER SIMS ET AL | UNION PRODUCING CO ET AL | 3/9/1957 | 230 | 1 | LA | Claiborne | |||||||||||
COMMERICAL BANK OF ARCADIA REPRESENTED BY B R | ||||||||||||||||||
LA-SGC0092-000 |
FELTS ET AL | TRAINGLE DRILLING CO INC | 11/7/2028 | 73 | 52 | 67303 | LA | Claiborne | ||||||||||
LA-SGC0094-000 |
ELVYE BYRD WATSON ET AL | MCRAE EXPLORATION INC | 9/10/1976 | 429 | 722 | 276608 | LA | Claiborne | ||||||||||
BIENVILLE INVESTMENTS | ||||||||||||||||||
LA-SGC0095-001 |
REPRESENTED BY JOHN B BARR, AS PARTNER | WILDHORSE RESOURCES LLC | 6/15/2012 | 1612 | 7 | 446508 | LA | Claiborne | ||||||||||
LA-SGC0095-002 |
DANA MARIE DAWKINS | WILDHORSE RESOURCES LLC | 4/26/2012 | 1608 | 274 | 446180 | LA | Claiborne | ||||||||||
LA-SGC0095-003 |
JAMES PHILLIP DAWKINS | WILDHORSE RESOURCES LLC | 4/26/2012 | 1609 | 150 | 446245 | LA | Claiborne | ||||||||||
LA-SGC0095-004 |
KEVIN WEBB DAWKINS | WILDHORSE RESOURCES LLC | 4/26/2012 | 1608 | 278 | 446181 | LA | Claiborne | ||||||||||
ROY HENRY AND HILDA JEAN SMITH ANTEE | 10/27/2012 | 1635 | 292 | 448980 | LA | Claiborne | ||||||||||||
WILLIAM CHRISTOPHER AND RACHEL GRIFFIN | ||||||||||||||||||
BASSETT | 1/28/2013 | 1648 | 210 | 450477 | LA | Claiborne | ||||||||||||
SUMMER SIMPSON BOURN | 11/5/2012 | 1635 | 279 | 448978 | LA | Claiborne |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
BONNIE KELLEY BRACKIN | 10/1/2012 | 1627 | 242 | 448214 | LA | Claiborne | ||||||||||||
DONALD J BYRD | 3/14/2013 | 1648 | 240 | 450482 | LA | Claiborne | ||||||||||||
KATHY ANN CHANDLER | 10/28/2012 | 1635 | 251 | 448976 | LA | Claiborne | ||||||||||||
ROBIN D KEEN DOBBINS | 10/1/2012 | 1627 | 264 | 448218 | LA | Claiborne | ||||||||||||
GARY RONALD AND BRENDA KAY SCHMIDT | ||||||||||||||||||
GOODNIGHT | 5/14/2013 | 1652 | 1 | 450891 | LA | Claiborne | ||||||||||||
MARY WILL JORDAN GRIFFIN | 10/1/2012 | 1627 | 246 | 448215 | LA | Claiborne | ||||||||||||
GARY W. AND LELA A. HOLLEY | 9/11/2012 | 1627 | 297 | 448224 | LA | Claiborne | ||||||||||||
SAMMIE L HOWELL, JR. | 9/11/2012 | LA | Claiborne | |||||||||||||||
MARION JEANETTE KEEN | 10/1/2012 | 1627 | 252 | 448216 | LA | Claiborne | ||||||||||||
MOLLY SUE KEEN | 10/1/2012 | 1627 | 258 | 448217 | LA | Claiborne | ||||||||||||
MARION JEANETTE KEEN | 10/1/2012 | 1627 | 270 | 448219 | LA | Claiborne | ||||||||||||
REBECCA MOAK KEEN | 6/10/2013 | 1656 | 164 | 451383 | LA | Claiborne | ||||||||||||
ELIZABETH CHERRY KELLEY | 10/1/2012 | 1627 | 238 | 448213 | LA | Claiborne | ||||||||||||
BRIDGET SUZANNE CROWELL LANGLEY | 10/15/2012 | LA | Claiborne | |||||||||||||||
ROBERT DANLEY AND ANNA HARKINS LEWIS | 10/1/2012 | 1627 | 205 | 448208 | LA | Claiborne | ||||||||||||
GAYLON L. AND PATSY BLACKWELL MARKS | 10/15/2012 | 1627 | 291 | 448223 | LA | Claiborne | ||||||||||||
DARREN SCOTT AND KIMBERLY H. MOAK | 12/6/2012 | 1637 | 130 | 449242 | LA | Claiborne | ||||||||||||
WILLIAM E. AND OLIVE REBECCA PARDUE MOORE | 12/19/2012 | LA | Claiborne | |||||||||||||||
MUDD HOLDINGS, L.L.C | 3/8/2013 | 1648 | 220 | 450479 | LA | Claiborne | ||||||||||||
MARCUS LANE MURPHY | 12/31/2012 | 1637 | 121 | 449240 | LA | Claiborne | ||||||||||||
RUTH CHILDRESS MURRAY | 9/7/2012 | 1628 | 12 | 448227 | LA | Claiborne | ||||||||||||
DELAIN DREAZEALE PEARSON | 10/1/2012 | 1627 | 209 | 448209 | LA | Claiborne | ||||||||||||
DANNY B PEARSON | 10/1/2012 | 1635 | 268 | 448976 | LA | Claiborne | ||||||||||||
CHRISTOPHER ERIC AND STEPHANIE B. PERRY | 12/19/2012 | 1648 | 267 | 450485 | LA | Claiborne | ||||||||||||
PULLIG HOLDINGS, L.L.C. | 3/8/2013 | 1648 | 215 | 450478 | LA | Claiborne | ||||||||||||
GARY D. AND TRACIENNE M. REINHOLT | 10/16/2012 | 1635 | 255 | 448974 | LA | Claiborne | ||||||||||||
ROBERT DANE RICH | 1/10/2013 | 1650 | 260 | 450748 | LA | Claiborne | ||||||||||||
CARROLL DAVIS RICH | 1/10/2013 | 1650 | 255 | 450747 | LA | Claiborne | ||||||||||||
EDNA LINDSEY ROBINSON | 4/1/2013 | 1648 | 232 | 450481 | LA | Claiborne | ||||||||||||
CARSON HINES ROGERS | 12/21/2012 | 1650 | 265 | 450749 | LA | Claiborne | ||||||||||||
MARTIN DANIEL ROLLINSON | 1/29/2013 | 1648 | 247 | 450483 | LA | Claiborne | ||||||||||||
RUSSELL LAND & TIMBER, LLC | 12/6/2012 | 1650 | 274 | 450751 | LA | Claiborne | ||||||||||||
CALVIN C. AND DOROTHY FAYE SIMPSON | 10/15/2012 | LA | Claiborne | |||||||||||||||
JERRY LANE AND PAMELA RUSSELL SIMPSON | 11/5/2012 | 1635 | 272 | 448977 | LA | Claiborne | ||||||||||||
MARGARET B SIMPSON (USUFRUCT) | 10/24/2012 | 1627 | 198 | 448207 | LA | Claiborne | ||||||||||||
MYRTIS COOK SPRINGER | 10/15/2012 | 1627 | 280 | 448221 | LA | Claiborne | ||||||||||||
SUCCESSION OF LUMMIE RAY WAITS | 11/9/2012 | 1635 | 296 | 449891 | LA | Claiborne | ||||||||||||
SUCCESSION OF LUMMIE RAY WAITS | 12/27/2012 | 1648 | 272 | 450486 | LA | Claiborne | ||||||||||||
SUGAR CREEK FARMS, INC. | 9/26/2012 | 1627 | 213 | 448210 | LA | Claiborne | ||||||||||||
THE ADAMS LIVING TRUST OF 1993 | 11/1/2012 | 1635 | 286 | 448979 | LA | Claiborne | ||||||||||||
CHRISTINE RENEE ELLIS TRAHAN | 1/9/2013 | 1650 | 270 | 450750 | LA | Claiborne | ||||||||||||
RUDI BETH YOUNG | 11/1/2012 | 1648 | 206 | 450476 | LA | Claiborne | ||||||||||||
LA-SGC0052-001 |
CLEVON ROBERSON ET AL | CLAYTON WILLIAMS ENERGY INC | 11/5/2007 | 1235 | 341 | F90184 | LA | Claiborne and Lincoln | ||||||||||
LA-SGC0052-002 |
ESTHER ALLEN KING ET AL | HOOD PETROLEUM INC | 6/15/2005 | 1178 | 124 | F66193 | LA | Claiborne and Lincoln | ||||||||||
LA-SGC0052-004 |
MILDRED ALLEN BARNES ET AL | HOOD PETROLEUM INC | 6/15/2005 | 1369 | 164 | 417363 | LA | Claiborne and Lincoln | ||||||||||
LA-SGC0052-005 |
CYNTHIA WALKER STEINACKER | HOOD PETROLEUM INC | 3/23/2006 | 1197 | 717 | F75036 | LA | Claiborne and Lincoln | ||||||||||
LA-SGC0052-006 |
TAMMY LYNN WALKER | HOOD PETROLEUM INC | 3/15/2006 | 1197 | 711 | F75034 | LA | Claiborne and Lincoln | ||||||||||
LA-SGC0052-007 |
JOHN WAYNE WALKER | HOOD PETROLEUM INC | 3/23/2006 | 1197 | 714 | F75035 | LA | Claiborne and Lincoln | ||||||||||
LA-SGC0052-008 |
DEBRA LOUISE WALKER | HOOD PETROLEUM INC | 3/23/2006 | 1197 | 708 | F75033 | LA | Claiborne and Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SGC0052-003 |
RUFUS ALLEN | HOOD PETROLEUM INC | 6/15/2005 | 1178 | 131 | F66195 | LA | Claiborne and Lincoln Claiborne | ||||||||||
LA-HYN0001-MIN |
ABERDEEN MINERALS | DEVON PRODUCTION | 1/1/2001 | LA | Lincoln | |||||||||||||
DONNA JEAN DUNCAN FORD INDIVIDUALLY AND AS | ||||||||||||||||||
USUFRUCT | ||||||||||||||||||
INCOME BENEFICIARY AND TRUSTEE OF THE FORD | 1366 | 47 | 416921 | Claiborne | ||||||||||||||
LA-SGC0022-006 |
FAMILY INVESTMENT COMPANY | HOOD PETROLEUM INC | 8/10/2005 | 1366 | 47 | 416921 | LA | Lincoln | ||||||||||
1367 | 82 | 417068 | Claiborne | |||||||||||||||
LA-SGC0022-007 |
PANTALOON HOLDING L P | HOOD PETROLEUM INC | 8/29/2005 | 1367 | 82 | 417068 | LA | Lincoln | ||||||||||
LA-BEN0006-000 |
SUSTAINABLE FORESTS LLC | KCS RESOURCES INC | 8/10/2005 | 854 | 333 | 621058 | LA | De Soto | ||||||||||
LA-BEN0011-000 |
LA BOKAY CORPORATION | KCS RESOURCES INC | 3/1/2006 | 999 | 628 | 661973 | LA | De Soto | ||||||||||
LA-BEN0012-001 |
ALLEN L EVANS ET UX | KCS RESOURCES INC | 1/5/2005 | 843 | 135 | 616597 | LA | De Soto | ||||||||||
LA-BEN0013-000 |
STEVEN LEWIS CONFAIR ET UX | KCS RESOURCES INC | 9/14/2004 | 841 | 1 | 615624 | LA | De Soto | ||||||||||
LA-BEN0014-000 |
VICTOR F JACKSON | KCS RESOURCES INC | 11/1/2004 | 841 | 46 | 615636 | LA | De Soto | ||||||||||
LA-BEN0015-000 |
JO ANNE HILL COPELAND | KCS RESOURCES INC | 11/1/2004 | 841 | 50 | 615637 | LA | De Soto | ||||||||||
LA-BEN0016-000 |
BERTHA M JACKSON JONES | KCS RESOURCES INC | 11/1/2004 | 841 | 9 | 615626 | LA | De Soto | ||||||||||
LA-BEN0017-001 |
JAMES F GREER ET UX | KCS RESOURCES INC | 9/22/2004 | 841 | 67 | 615641 | LA | De Soto | ||||||||||
R A TIMBER INC | ||||||||||||||||||
LA-BEN0017-002 |
LOIS BOEMER GREER | KCS RESOURCES INC | 10/1/2004 | 841 | 55 | 615638 | LA | De Soto | ||||||||||
LA-BEN0017-003 |
BO RISINGER ET UX | KCS RESOURCES INC | 10/1/2004 | 841 | 59 | 615639 | LA | De Soto | ||||||||||
LA-BEN0017-004 |
ROBERT G GREER ET UX | KCS RESOURCES INC | 9/22/2004 | 841 | 63 | 615640 | LA | De Soto | ||||||||||
LA-BEN0017-005 |
RONNIE BORDERS INC | KCS RESOURCES INC | 5/14/2007 | 932 | 42 | 644873 | LA | De Soto | ||||||||||
LA-BEN0018-000 |
DOROTHY FAYE STANLEY | KCS RESOURCES INC | 11/2/2004 | 841 | 12 | 615627 | LA | De Soto | ||||||||||
LA-BEN0019-000 |
WHITLOCK ENTERPRISES LLC | KCS RESOURCES INC | 9/1/2004 | 841 | 26 | 615631 | LA | De Soto | ||||||||||
LEONARD CARL WHITLOCK INDIV & AS TRUSTEE | ||||||||||||||||||
LA-BEN0020-000 |
OF THE CLAUDINE WHITLOCK TESTAMENTARY TRUST | KCS RESOURCES INC | 9/1/2004 | 841 | 30 | 615632 | LA | De Soto | ||||||||||
LA-BEN0021-001 |
JAMES J PHARES ET UX | KCS RESOURCES INC | 9/29/2004 | 841 | 15 | 615628 | LA | De Soto | ||||||||||
LA-BEN0021-002 |
NABORS PROPERTIES LLC | KCS RESOURCES INC | 11/1/2005 | 864 | 23 | 624400 | LA | De Soto | ||||||||||
LA-BEN0022-001 |
WAYMON GUITON | KCS RESOURCES INC | 9/22/2004 | 841 | 79 | 615644 | LA | De Soto | ||||||||||
LA-BEN0022-002 |
MAUDICE O GUITON GENTRY | KCS RESOURCES INC | 9/22/2004 | 840 | 876 | 615618 | LA | De Soto | ||||||||||
LA-BEN0022-003 |
IDA B GUITON BOYETTE | KCS RESOURCES INC | 9/22/2004 | 841 | 71 | 615642 | LA | De Soto | ||||||||||
LA-BEN0022-004 |
LULA MAE GUITON WILLIAMS | KCS RESOURCES INC | 9/22/2004 | 841 | 75 | 615643 | LA | De Soto | ||||||||||
LA-BEN0022-005 |
JESSE GUITON JONES | KCS RESOURCES INC | 2/8/2005 | 847 | 715 | 618543 | LA | De Soto | ||||||||||
LA-BEN0022-006 |
TEOLA GUITON SANDERS | KCS RESOURCES INC | 2/8/2005 | 847 | 723 | 618545 | LA | De Soto | ||||||||||
LA-BEN0022-007 |
NICHELE GUITON KINLOW | KCS RESOURCES INC | 2/8/2005 | 849 | 333 | 619178 | LA | De Soto | ||||||||||
LA-BEN0022-008 |
ANTONIO ALLEN | KCS RESOURCES INC | 2/2/2005 | 848 | 521 | 618878 | LA | De Soto | ||||||||||
LA-BEN0022-009 |
OSCAR V GUITON | KCS RESOURCES INC | 10/7/2004 | 854 | 666 | 621200 | LA | De Soto | ||||||||||
LA-BEN0022-010 |
BIRDIE DILWORTH GUITON | KCS RESOURCES INC | 10/7/2004 | 856 | 194 | 621656 | LA | De Soto | ||||||||||
LA-BEN0022-011 |
FELICE MELLIEON MARTINEZ | KCS RESOURCES INC | 12/5/2005 | 863 | 872 | 624389 | LA | De Soto | ||||||||||
LA-BEN0022-012 |
LESLIE G BENIN | KCS RESOURCES INC | 12/29/2005 | 872 | 354 | 627083 | LA | De Soto | ||||||||||
LA-BEN0022-013 |
LATANYA GUITON | KCS RESOURCES INC | 1/29/2006 | 868 | 461 | 625817 | LA | De Soto | ||||||||||
NELWYN HAMILTON ADAMS INDIVIDUALLY AND | ||||||||||||||||||
AS AGENT AND A-I-F FOR JAMES R ADAMS AND | ||||||||||||||||||
LA-BEN0023-000 |
WILLIAMS C ADAMS | KCS RESOURCES INC | 10/7/2004 | 613611 | LA | De Soto | ||||||||||||
LA-BEN0024-000 |
DANIEL WARREN COLLINS ET AL | KCS RESOURCES INC | 12/9/2005 | 864 | 1 | 624395 | LA | De Soto | ||||||||||
LA-BEN0025-000 |
JESSE JAMES JACKSON | KCS RESOURCES INC | 11/1/2004 | 864 | 38 | 624403 | LA | De Soto | ||||||||||
LA-BEN0026-000 |
HEWITT LAND INVESTMENTS LLC | KCS RESOURCES INC | 5/20/2006 | 907 | 666 | 636836 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-BEN0027-000 |
BLACKSTONE MINERALS CO ET AL | KCS RESOURCES INC | 10/11/2004 | 840 | 50 | 615233 | LA | De Soto | ||||||||||
LA-BEN0028-000 |
CPS TIMBERLANDS LLC | KCS RESOURCES INC | 12/15/2004 | 840 | 48 | 615232 | LA | De Soto | ||||||||||
LA-BEN0029-001 |
GARY W ELZEN | KCS RESOURCES INC | 9/22/2004 | 841 | 22 | 615630 | LA | De Soto | ||||||||||
LA-BEN0029-002 |
FRED T ELZEN | KCS RESOURCES INC | 9/10/2004 | 841 | 34 | 615633 | LA | De Soto | ||||||||||
LA-BEN0029-003 |
YVONNE BROWN HENAGAN | KCS RESOURCES INC | 9/10/2004 | 840 | 895 | 615622 | LA | De Soto | ||||||||||
LA-BEN0029-004 |
PATRICIA BROWN HILBURN | KCS RESOURCES INC | 9/10/2004 | 841 | 42 | 615635 | LA | De Soto | ||||||||||
LA-BEN0029-005 |
GAYLE JOSEPH JOBE | KCS RESOURCES INC | 9/10/2004 | 840 | 899 | 615623 | LA | De Soto | ||||||||||
LA-BEN0029-006 |
TERESA JOSEPH ROOSE | KCS RESOURCES INC | 9/10/2004 | 841 | 38 | 615634 | LA | De Soto | ||||||||||
LA-BEN0029-007 |
JOE ANTHONY ELZEN III | KCS RESOURCES INC | 9/22/2004 | 841 | 18 | 615629 | LA | De Soto | ||||||||||
LA-BEN0029-P08 |
JOE ANTHONY ELZEN III | PETROHAWK PROPERTIES LP | 5/29/2008 | 949 | 161 | 649540 | LA | De Soto | ||||||||||
LA-BEN0029-P09 |
FRED T ELZEN | PETROHAWK PROPERTIES LP | 5/28/2008 | 949 | 169 | 649542 | LA | De Soto | ||||||||||
LA-BEN0029-P10 |
PATRICIA BROWN WILLIAMSON | PETROHAWK PROPERTIES LP | 5/28/2008 | 949 | 165 | 649541 | LA | De Soto | ||||||||||
LA-BEN0029-P11 |
YVONNE BROWN HENAGAN | PETROHAWK PROPERTIES LP | 5/28/2008 | 949 | 173 | 649543 | LA | De Soto | ||||||||||
LA-BEN0029-P12 |
TERESA JOSEPH ROOSE | PETROHAWK PROPERTIES LP | 5/29/2008 | 949 | 177 | 649544 | LA | De Soto | ||||||||||
LA-BEN0029-P13 |
MARSHALL W JOBE | PETROHAWK PROPERTIES LP | 6/4/2008 | 949 | 410 | 649644 | LA | De Soto | ||||||||||
LA-BEN0032-P00 |
STEVEN LEWIS CONFAIR ET UX | PETROHAWK PROPERTIES LP | 6/2/2008 | 949 | 181 | 649545 | LA | De Soto | ||||||||||
LA-BEN0033-000 |
DANIEL WARREN COLLINS ET AL | KCS RESOURCES LLC | 6/30/2009 | 1024 | 483 | 667457 | LA | De Soto | ||||||||||
LA-BEN0034-000 |
LA BOKAY CORPORATION | PETROHAWK PROPERTIES LP | 8/15/2009 | 1029 | 784 | 668626 | LA | De Soto | ||||||||||
LA-LGP0001-001 |
ANDREW J HODGES III ET AL | KCS RESOURCES INC | 5/2/2006 | 875 | 886 | 628214 | LA | De Soto | ||||||||||
MARFEL | ||||||||||||||||||
LA-LGP0002-000 |
BY DR KENT E ANTHONY MANAGING PARTNER | KCS RESOURCES INC | 2/16/2007 | 907 | 670 | 636837 | LA | De Soto | ||||||||||
LA-LGP0003-001 |
SANDRA S HOLLAND ET AL | KCS RESOURCES INC | 3/13/2007 | 912 | 483 | 638447 | LA | De Soto | ||||||||||
LA-LGP0004-000 |
NBC PROPERTY MANAGEMENT LLC | KCS RESOURCES INC | 3/9/2007 | 912 | 488 | 638448 | LA | De Soto | ||||||||||
LA-LGP0005-000 |
DONNA B STEARNS ETAL | KCS RESOURCES INC | 3/29/2007 | 932 | 123 | 644893 | LA | De Soto | ||||||||||
LA-LGP0006-000 |
GAY N B REYNOLDS MAY | PETROHAWK PROPERTIES LP | 9/24/2009 | 1039 | 792 | 670675 | LA | De Soto | ||||||||||
LA-LGP0007-000 |
JOHNNY RAY BOOKER | PETROHAWK PROPERTIES LP | 9/28/2009 | 1039 | 767 | 670670 | LA | De Soto | ||||||||||
LA-LGP0008-000 |
SUELLA F B COOPER ET VIR | PETROHAWK PROPERTIES LP | 9/25/2009 | 1039 | 777 | 670672 | LA | De Soto | ||||||||||
1039 | 772 | 670671 | ||||||||||||||||
LA-LGP0009-001 |
TEANA R CHADWICK ET VIR | PETROHAWK PROPERTIES LP | 9/29/2009 | 1039 | 772 | 670671 | LA | De Soto | ||||||||||
LA-LGP0009-002 |
LISA MARIE SNEAD | PETROHAWK PROPERTIES LP | 9/29/2009 | 1039 | 797 | 670676 | LA | De Soto | ||||||||||
LA-LGP0009-003 |
MARY J CANIPE | PETROHAWK PROPERTIES LP | 9/29/2009 | 1043 | 681 | 671530 | LA | De Soto | ||||||||||
LA-LGP0038-001 |
OLLIE COLEMAN MALLORY ET AL | SIDNEY E PINKSTON JR | 7/13/1979 | 428 | 700 | 417125 | LA | De Soto | ||||||||||
LA-LGP0038-002 |
J B WOOD | SIDNEY E PINKSTON JR | 7/13/1979 | 428 | 704 | 417126 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | 408278 | |||||||||||||||||
LA-LGP0039-000 |
DOROTHY NELL CREECH STRONG ET AL | CORPORATION | 6/29/1978 | 416 | 709 | 408321 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0040-000 |
GRAHAM CREECH ET AL | CORPORATION | 6/29/1978 | 416 | 697 | 408275 | LA | De Soto | ||||||||||
LA-LGP0041-000 |
JAMES BOOKER ET UX | TRANSCO EXPLORATION COMPANY | 9/9/1980 | 441 | 333 | 429174 | LA | De Soto | ||||||||||
LA-LGP0042-000 |
BILL BURCH ET UX | TRANSCO EXPLORATION COMPANY | 3/12/1980 | 434 | 117 | 424445 | LA | De Soto | ||||||||||
LA-LGP0043-000 |
MARIE LEE NABORS ET AL | SIDNEY E PINKSTON JR | 8/15/1979 | 432 | 99 | 421618 | LA | De Soto | ||||||||||
MABEL B CALHOUN | ||||||||||||||||||
LA-LGP0044-001 |
A/K/A MABLE B CALHOUN | TRANSCO EXPLORATION COMPANY | 3/25/1982 | 505 | 939 | 448941 | LA | De Soto | ||||||||||
LA-LGP0044-002 |
NITA CALHOUN SMITH | TRANSCO EXPLORATION COMPANY | 3/25/1982 | 505 | 943 | 448942 | LA | De Soto | ||||||||||
LA-LGP0044-003 |
S LOUIS CREECH | TRANSCO EXPLORATION COMPANY | 3/14/1982 | 505 | 947 | 448943 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | 416 | 673 | 408269 | |||||||||||||||
LA-LGP0045-001 |
MYRTLE CREECH ET AL | CORPORATION | 6/29/1978 | 416 | 673 | 408269 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0045-002 |
GARY R DOLEZAL | CORPORATION | 8/9/1978 | 428 | 633 | 417104 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0045-003 |
MARICE SEIBER | CORPORATION | 8/9/1978 | 428 | 617 | 417100 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0045-004 |
JOYCE ANN GLAU | CORPORATION | 8/9/1978 | 428 | 621 | 417101 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0045-005 |
BILLIE JANE DAVIS | CORPORATION | 8/9/1978 | 428 | 625 | 417102 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0045-006 |
MATTIE CREECH | CORPORATION | 8/9/1978 | 428 | 613 | 417099 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0045-007 |
DONALD C DOLEZAL | CORPORATION | 8/9/1978 | 428 | 629 | 417103 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0046-001 |
HERBERT FULTS | CORPORATION | 12/14/1979 | 432 | 563 | 422684 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0046-002 |
GARY R DOLEZAL | CORPORATION | 7/10/1978 | 416 | 693 | 408274 | LA | De Soto | ||||||||||
LA-LGP0046-003 |
EVA LOIS JONES FARGO | SIDNEY E PINKSTON JR | 6/13/1978 | 415 | 717 | 407543 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0046-004 |
DONALD C DOLEZAL | CORPORATION | 7/10/1978 | 416 | 689 | 408273 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0046-005 |
JOYCE ANN GLAU | CORPORATION | 7/10/1978 | 428 | 590 | 417093 | LA | De Soto | ||||||||||
435 | 660 | 426752 | ||||||||||||||||
LA-LGP0046-006 |
META CREECH GRIGG | TRANSCO EXPLORATION COMPANY | 5/27/1980 | 435 | 660 | 426752 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | 416 | 677 | 408270 | |||||||||||||||
LA-LGP0046-007 |
MARICE SEIBER | CORPORATION | 7/10/1978 | 416 | 677 | 408270 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0046-008 |
MATTIE CREECH | CORPORATION | 7/10/1978 | 416 | 681 | 408271 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0046-009 |
BILLIE JANE DAVIS | CORPORATION | 7/10/1978 | 416 | 685 | 408272 | LA | De Soto | ||||||||||
416 | 668 | 408268 | ||||||||||||||||
416 | 668 | 408268 | ||||||||||||||||
TEXAS GENERAL PETROLEUM | 416 | 668 | 408268 | |||||||||||||||
LA-LGP0047-001 |
E CARLTON MCCOY ET AL | CORPORATION | 6/29/1978 | 416 | 668 | 408268 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | 428 | 597 | 417095 | |||||||||||||||
LA-LGP0047-002 |
WILLIE CREECH ANDREWS | CORPORATION | 9/8/1978 | 428 | 597 | 417095 | LA | De Soto | ||||||||||
LA-LGP0047-003 |
FRANCES ROUGEOT | SIDNEY E PINKSTON JR | 4/13/1978 | 415 | 713 | 407542 | LA | De Soto | ||||||||||
LA-LGP0047-004 |
THOMAS DENNISON | TRANSCO EXLORATION COMPANY | 6/10/1980 | 435 | 656 | 426751 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | ||||||||||||||||||
LA-LGP0047-005 |
JANIE LOU CREECH | CORPORATION | 12/5/1978 | 428 | 601 | 417096 | LA | De Soto | ||||||||||
TEXAS GENERAL PETROLEUM | 416 | 654 | 408265 | |||||||||||||||
LA-LGP0047-006 |
CARLTON VERNON MCCOY | CORPORATION | 6/29/1978 | 416 | 654 | 408265 | LA | De Soto | ||||||||||
LA-LGP0048-000 |
J P TODD ET UX | PHILLIPS PETROLEUM COMPANY | 2/25/1955 | 209 | 287 | 242190 | LA | De Soto | ||||||||||
217 | 439 | 249886 | ||||||||||||||||
LA-LGP0049-001 |
DOVIE WEEKS LITTON WADDELL | PHILLIPS PETROLEUM CO. | 2/28/1956 | 217 | 439 | 249886 | LA | De Soto | ||||||||||
LA-LGP0049-002 |
J A WEEKS | PHILLIPS PETROLEUM COMPANY | 2/28/1956 | 217 | 441 | 249887 | LA | De Soto | ||||||||||
LA-LGP0050-000 |
J H SIMS | PHILLIPS PETROLEUM COMPANY | 2/21/1956 | 217 | 393 | 249761 | LA | De Soto | ||||||||||
LA-LGP0051-001 |
J V CHRISTIAN | SKELLY OIL COMPANY | 11/26/1954 | 207 | 625 | 240335 | LA | De Soto | ||||||||||
LA-LGP0051-002 |
J H SIMS | PHILLIPS PETROLEUM COMPANY | 10/8/1956 | 222 | 347 | 254645 | LA | De Soto | ||||||||||
LA-LGP0052-000 |
GERTRUDE ATKINS ET AL | THE OHIO OIL COMPANY | 4/4/1955 | 210 | 245 | 243150 | LA | De Soto | ||||||||||
LA-LGP0053-000 |
RACHAL CHRISTIAN ET AL | JOHN ALBAN | 3/29/1945 | 154 | 271 | 167156 | LA | De Soto | ||||||||||
LA-LGP0054-001 |
MARY A RENTHY PALMER ANDERSON ET AL | C P SCURLOCK | 5/31/1945 | 158 | 87 | 169303 | LA | De Soto | ||||||||||
LA-LGP0054-002 |
MARK ANDERSON | C P SCURLOCK | 5/31/1945 | 158 | 64 | 169301 | LA | De Soto | ||||||||||
LA-LGP0054-003 |
CLARA HOBBS | C P SCURLOCK | 5/31/1945 | 158 | 61 | 169300 | LA | De Soto | ||||||||||
LA-LGP0055-000 |
J G AUSTIN | J H SIMS | 4/9/1946 | 161 | 545 | 174847 | LA | De Soto | ||||||||||
LA-LGP0056-001 |
IVA MAE SIMMONS | JULIAN M FARMER | 6/10/1955 | 213 | 193 | 244277 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-LGP0056-002 |
MARK W ANDERSON | JULIAN M FARMER | 6/10/1955 | 213 | 191 | 244276 | LA | De Soto | ||||||||||
LA-LGP0056-003 |
BESSIE A GRISSOM ET AL | JULIAN M FARMER | 6/10/1955 | 213 | 195 | 244278 | LA | De Soto | ||||||||||
LA-LGP0056-004 |
CLARA JONES HOBBS | JULIAN M FARMER | 6/10/1955 | 213 | 189 | 244275 | LA | De Soto | ||||||||||
LA-LGP0056-005 |
ELLEN A BONDS | OLIN OIL & GAS CORPORATION | 8/11/1955 | 213 | 569 | 245456 | LA | De Soto | ||||||||||
LA-LGP0057-000 |
FA HOELL | J H SIMS | 4/26/1946 | 164 | 55 | 175557 | LA | De Soto | ||||||||||
LA-LGP0058-000 |
FROST LUMBER INDUSTRIES INC | JOHN ALBAN | 4/9/1945 | 151 | 573 | 169938 | LA | De Soto | ||||||||||
210 | 175 | 243011 | ||||||||||||||||
LA-LGP0059-000R |
REBA ANTHONY THOMPSON | PHILLIPS PETROLEUM COMPANY | 3/31/1955 | 210 | 175 | 243011 | LA | De Soto | ||||||||||
210 | 177 | 243012 | ||||||||||||||||
LA-LGP0060-000R |
J B ANTHONY ET UX | PHILLIPS PETROLEUM COMPANY | 4/20/1955 | 210 | 177 | 243012 | LA | De Soto | ||||||||||
209 | 437 | 242343 | ||||||||||||||||
209 | 437 | 242343 | ||||||||||||||||
209 | 437 | 242343 | ||||||||||||||||
LA-LGP0061-000R |
JOHN J BOOKER | WILLIAM J NESBITT | 3/25/1955 | 209 | 437 | 242343 | LA | De Soto | ||||||||||
207 | 333 | 239301 | ||||||||||||||||
LA-LGP0062-000R |
MARY KATHARINE MOATS HOLLOWAY | SKELLY OIL COMPANY | 10/8/1954 | 207 | 333 | 239301 | LA | De Soto | ||||||||||
220 | 521 | 252923 | ||||||||||||||||
LA-LGP0063-001R |
WILLIE B COLEMAN | G G NESBITT JR | 8/8/1956 | 220 | 521 | 252923 | LA | De Soto | ||||||||||
220 | 519 | 252921 | ||||||||||||||||
LA-LGP0063-002R |
KEITH D WARD | G G NESBITT JR | 8/8/1956 | 220 | 519 | 252921 | LA | De Soto | ||||||||||
220 | 517 | 252919 | ||||||||||||||||
LA-LGP0064-000R |
PEARL ODOM | G G NESBITT JR | 8/8/1956 | 220 | 517 | 252919 | LA | De Soto | ||||||||||
220 | 543 | 253228 | ||||||||||||||||
LA-LGP0065-000R |
ETHEL CHRISTIAN BRYANT ET VIR | MONSANTO CHEMICAL COMPANY | 8/9/1956 | 220 | 543 | 253228 | LA | De Soto | ||||||||||
233 | 107 | 261395 | ||||||||||||||||
LA-LGP0066-000R |
ETHEL CHRISTIAN BRYANT ET VIR | MONSANTO CHEMICAL COMPANY | 8/9/1957 | 233 | 107 | 261395 | LA | De Soto | ||||||||||
210 | 125 | 242947 | ||||||||||||||||
LA-LGP0067-000R |
JOHN BOONE BOOKER | PHILLIPS PETROLEUM COMPANY | 3/28/1955 | 210 | 125 | 242947 | LA | De Soto | ||||||||||
210 | 181 | 243014 | ||||||||||||||||
LA-LGP0068-001R |
G E MOATS ET AL | PHILLIPS PETROLEUM COMPANY | 4/4/1955 | 210 | 181 | 243014 | LA | De Soto | ||||||||||
248371 | ||||||||||||||||||
210 | 183 | 243015 | ||||||||||||||||
LA-LGP0068-002R |
JOSHUA M CRUSE ET AL | PHILLIPS PETROLEUM COMPANY | 4/4/1955 | 210 | 183 | 243015 | LA | De Soto | ||||||||||
0214 | 0231 | 246448 | ||||||||||||||||
LA-LGP0069-000R |
G E MOATS | PHILLIPS PETROLEUM COMPANY | 9/22/1955 | 0214 | 0231 | 246448 | LA | De Soto | ||||||||||
210 | 59 | 242843 | ||||||||||||||||
LA-LGP0070-000R |
WILLIE B BOOKER WARD COLEMAN | PHILLIPS PETROLEUM COMPANY | 3/24/1955 | 210 | 59 | 242843 | LA | De Soto | ||||||||||
LA-SPI0002-000 |
KETCO CORPORATION | ST MARY LAND & EXPLORATION | 3/10/2004 | 821 | 69 | 608761 | LA | De Soto | ||||||||||
LA-SPI0003-000 |
LARRY RODNEY CROCKER | ST MARY LAND & EXPLORATION | 3/15/2004 | 821 | 83 | 608765 | LA | De Soto | ||||||||||
LA-SPI0004-000 |
BENJAMIN GEORGE CROCKER | ST MARY LAND & EXPLORATION | 3/15/2004 | 821 | 86 | 608766 | LA | De Soto | ||||||||||
427 | 441 | 415330 | ||||||||||||||||
LA-SPI0201-001R |
JANE LESH MURPHY | JAMES N BURGIN | 1/17/1979 | 427 | 441 | 415330 | LA | De Soto | ||||||||||
427 | 437 | 415329 | ||||||||||||||||
LA-SPI0201-002R |
LUCY D LESH ET AL | JAMES N BURGIN | 1/17/1979 | 427 | 437 | 415329 | LA | De Soto | ||||||||||
427 | 639 | 415715 | ||||||||||||||||
LA-SPI0201-003R |
JEROME TEMPLETON | JAMES N BURGIN | 2/21/1979 | 427 | 639 | 415715 | LA | De Soto | ||||||||||
427 | 239 | 414772 | ||||||||||||||||
LA-SPI0201-004R |
DUDLEY J LEBLANC JR ET AL | JAMES N BURGIN | 12/20/1978 | 427 | 239 | 414772 | LA | De Soto | ||||||||||
ROWENA ARMISTEAD |
427 | 248 | 414774 | |||||||||||||||
LA-SPI0201-005R |
AKA ROWENA P ARMISTEAD | JAMES N BURGIN | 1/16/1979 | 427 | 248 | 414774 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
427 | 252 | 414775 | ||||||||||||||||
LA-SPI0201-006R |
CS MCCALLSR ET AL | JAMES N BURGIN | 1/16/1979 | 427 | 252 | 414775 | LA | De Soto | ||||||||||
427 | 634 | 415714 | ||||||||||||||||
LA-SPI0201-007R |
BEULAH CAIN SCHOONMAKER | TRANSCO EXPLORATION COMPANY | 4/26/1979 | 427 | 634 | 415714 | LA | De Soto | ||||||||||
ERNIE KSKIDMORE INDIV AND AS AGENT ANDA-I-F | ||||||||||||||||||
FOR THE ESTATE OF T H WILLIAMS, EDWARD C | 427 | 243 | 414773 | |||||||||||||||
LA-SPI0201-008R |
SKIDMORE AND ETHEL V SKIDMORE | JAMES N BURGIN | 12/28/1978 | 427 | 243 | 414773 | LA | De Soto | ||||||||||
428 | 137 | 416524 | ||||||||||||||||
LA-SPI0202-001R |
BERTIE T REEVES ET AL | TRANSCO EXPLORATION COMPANY | 5/29/1979 | 428 | 137 | 416524 | LA | De Soto | ||||||||||
425 | 431 | 412249 | ||||||||||||||||
LA-SPI0202-002R |
CLARICE BOWDEN TAYLOR ET AL | JAMES N BURGIN | 1/4/1979 | 425 | 431 | 412249 | LA | De Soto | ||||||||||
428 | 133 | 416523 | ||||||||||||||||
LA-SPI0202-003R |
MABLE F BOWDEN ET AL | JAMES N BURGIN | 5/23/1979 | 428 | 133 | 416523 | LA | De Soto | ||||||||||
428 | 173 | 416533 | ||||||||||||||||
428 | 173 | 416533 | ||||||||||||||||
THE HUNTER COMPANY INC | 428 | 173 | 416533 | |||||||||||||||
LA-SPI0203-001R |
REPRESENTED BY WILLIS L MEADOWS AS PRESIDENT | TRANSCO EXPLORATION COMPANY | 5/1/1979 | 428 | 173 | 416533 | LA | De Soto | ||||||||||
428 | 825 | 417171 | ||||||||||||||||
LA-SPI0203-002R |
WILLIAM J NESBITT ET UX | TRANSCO EXPLORATION COMPANY | 6/29/1979 | 428 | 825 | 417171 | LA | De Soto | ||||||||||
429 | 77 | 417411 | ||||||||||||||||
429 | 77 | 417411 | ||||||||||||||||
429 | 77 | 417411 | ||||||||||||||||
LA-SPI0203-003R |
ALVIN M JACKSON ET UX | TRANSCO EXPLORATION COMPANY | 7/4/1979 | 429 | 77 | 417411 | LA | De Soto | ||||||||||
429 | 81 | 417412 | ||||||||||||||||
429 | 81 | 417412 | ||||||||||||||||
429 | 81 | 417412 | ||||||||||||||||
LA-SPI0203-004R |
M F MCCAIN ET UX | TRANSCO EXPLORATION COMPANY | 7/4/1979 | 429 | 81 | 417412 | LA | De Soto | ||||||||||
429 | 85 | 417413 | ||||||||||||||||
429 | 85 | 417413 | ||||||||||||||||
429 | 85 | 417413 | ||||||||||||||||
LA-SPI0203-005R |
JOHN C MARSHALL | TRANSCO EXPLORATION COMPANY | 7/11/1979 | 429 | 85 | 417413 | LA | De Soto | ||||||||||
429 | 89 | 417414 | ||||||||||||||||
LA-SPI0203-006R |
FLOSSIE H COURTNEY ET AL | TRANSCO EXPLORATION COMPANY | 7/20/1979 | 429 | 89 | 417414 | LA | De Soto | ||||||||||
429 | 93 | 417415 | ||||||||||||||||
LA-SPI0203-007R |
ELLEN LANDERS GAMBLE ET AL | TRANSCO EXPLORATION COMPANY | 7/19/1979 | 429 | 93 | 417415 | LA | De Soto | ||||||||||
429 | 97 | 417416 | ||||||||||||||||
429 | 97 | 417416 | ||||||||||||||||
429 | 97 | 417416 | ||||||||||||||||
LA-SPI0203-008R |
EVANS CALVERT | TRANSCO EXPLORATION COMPANY | 7/19/1979 | 429 | 97 | 417416 | LA | De Soto | ||||||||||
WILFRED A NABORS INDIVIDUALLY AND AS AGENT | ||||||||||||||||||
AND ATTORNEY IN FACT FOR SARAH NABORS | ||||||||||||||||||
MULLINS, BIRDIE LOUISE NABORS, AND MARGARET | 429 | 300 | 418000 | |||||||||||||||
LA-SPI0203-009R |
NABORS PECKHAM | TRANSCO EXPLORATION COMPANY | 7/19/1979 | 429 | 23 | 418000 | LA | De Soto | ||||||||||
429 | 648 | 418398 | ||||||||||||||||
LA-SPI0203-010R |
MILDRED NUSSER DARPHIN ET AL | TRANSCO EXPLORATION COMPANY | 8/14/1979 | 429 | 648 | 418398 | LA | De Soto | ||||||||||
429 | 652 | 418399 | ||||||||||||||||
LA-SPI0203-011R |
R M WILSON ET UX | TRANSCO EXPLORATION COMPANY | 8/2/1979 | 429 | 652 | 418399 | LA | De Soto | ||||||||||
THE FIRST NATIONAL BANK OF MANSFIELD | 429 | 656 | 418400 | |||||||||||||||
LA-SPI0203-012R |
BY THOMAS B BATEMAN, PRESIDENT | TRANSCO EXPLORATION COMPANY | 8/9/1979 | 429 | 656 | 418400 | LA | De Soto | ||||||||||
430 | 81 | 418898 | ||||||||||||||||
LA-SPI0203-013R |
ROGER HAROLD FINCHER ET AL | TRANSCO EXPLORATION COMPANY | 8/1/1979 | 430 | 81 | 418898 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||||||||||||
430 | 85 | 418899 | ||||||||||||||||||||||||||
LA-SPI0203-014R |
SH DAVIS CO ET AL | TRANSCO EXPLORATION COMPANY | 8/29/1979 | 430 | 85 | 418899 | LA | De Soto | ||||||||||||||||||||
430 | 89 | 418900 | ||||||||||||||||||||||||||
LA-SPI0203-015R |
ST GERMAIN COMPANY | TRANSCO EXPLORATION COMPANY | 8/29/1979 | 430 | 89 | 418900 | LA | De Soto | ||||||||||||||||||||
430 | 462 | 419413 | ||||||||||||||||||||||||||
LA-SPI0203-016R |
DALETHAUWALD | TRANSCO EXPLORATION COMPANY | 8/30/1979 | 430 | 462 | 419413 | LA | De Soto | ||||||||||||||||||||
430 | 466 | 419414 | ||||||||||||||||||||||||||
LA-SPI0203-017R |
ELIZABETH HALL HUNTER ET AL | TRANSCO EXPLORATION COMPANY | 8/1/1979 | 430 | 466 | 419414 | LA | De Soto | ||||||||||||||||||||
430 | 470 | 419415 | ||||||||||||||||||||||||||
LA-SPI0203-018R |
HELEN BALLSCHNIEWIND | TRANSCO EXPLORATION COMPANY | 8/29/1979 | 430 | 470 | 419415 | LA | De Soto | ||||||||||||||||||||
430 | 474 | 419416 | ||||||||||||||||||||||||||
LA-SPI0203-019R |
MARIAN BALL THAYER | TRANSCO EXPLORATION COMPANY | 8/29/1979 | 430 | 474 | 419416 | LA | De Soto | ||||||||||||||||||||
430 | 478 | 419417 | ||||||||||||||||||||||||||
LA-SPI0203-020R |
WESCHOENECKET UX | TRANSCO EXPLORATION COMPANY | 8/24/1979 | 430 | 478 | 419417 | LA | De Soto | ||||||||||||||||||||
411 | 408 | 405410 | ||||||||||||||||||||||||||
LA-SPI0203-021R |
ANNE HEWITT BELVILLE ET AL | PENNZOIL PRODUCING COMPANY | 5/1/1978 | 411 | 408 | 405410 | LA | De Soto | ||||||||||||||||||||
396 | 25 | 395376 | ||||||||||||||||||||||||||
LA-SPI0203-022R |
WILLIAM EARL ROBBINS | PENNZOIL PRODUCING COMPANY | 5/19/1977 | 396 | 25 | 395376 | LA | De Soto | ||||||||||||||||||||
783 | 366 | 591181 | ||||||||||||||||||||||||||
LA-SPI0203-023R |
JAQUE LACHEZ CHARDONNAY | VASTAR RESOURCES INC | 12/13/2001 | 783 | 366 | 591181 | LA | De Soto | ||||||||||||||||||||
783 | 370 | 591182 | ||||||||||||||||||||||||||
LA-SPI0203-024R |
CLADIE MAE LONDON BUNKLEY | VASTAR RESOURCES INC | 11/5/2001 | 783 | 370 | 591182 | LA | De Soto | ||||||||||||||||||||
428 | 141 | 416525 | ||||||||||||||||||||||||||
LA-SPI0204-001R |
HARRY KEITH DUGAN | TRANSCO EXPLORATION COMPANY | 5/28/1979 | 428 | 141 | 416525 | LA | De Soto | ||||||||||||||||||||
428 | 145 | 416526 | ||||||||||||||||||||||||||
LA-SPI0204-002R |
HAZEL BAILEY HASKINS | TRANSCO EXPLORATION COMPANY | 5/17/1979 | 428 | 145 | 416526 | LA | De Soto | ||||||||||||||||||||
428 | 149 | 416527 | ||||||||||||||||||||||||||
LA-SPI0204-003R |
RUTH JEAN GOUDEAU DUNCAN | TRANSCO EXPLORATION COMPANY | 5/17/1979 | 428 | 149 | 416527 | LA | De Soto | ||||||||||||||||||||
428 | 153 | 416528 | ||||||||||||||||||||||||||
LA-SPI0204-004R |
SARA LAVERNE PARIS MAGGIO | TRANSCO EXPLORATION COMPANY | 5/31/1979 | 428 | 153 | 416528 | LA | De Soto | ||||||||||||||||||||
428 | 157 | 416529 | ||||||||||||||||||||||||||
LA-SPI0204-005R |
GLORIA A PARIS COSMEA | TRANSCO EXPLORATION COMPANY | 5/31/1979 | 428 | 157 | 416529 | LA | De Soto | ||||||||||||||||||||
428 | 161 | 416530 | ||||||||||||||||||||||||||
LA-SPI0204-006R |
BETTY Y PARIS MATHESON | TRANSCO EXPLORATION COMPANY | 5/31/1979 | 428 | 161 | 416530 | LA | De Soto | ||||||||||||||||||||
428 | 165 | 416531 | ||||||||||||||||||||||||||
LA-SPI0204-007R |
JOE M TOOMBS JR | TRANSCO EXPLORATION COMPANY | 5/17/1979 | 428 | 165 | 416531 | LA | De Soto | ||||||||||||||||||||
WILLIAM E HAYES INDIVIDUALLY AND AS THE DULY | ||||||||||||||||||||||||||||
QUALIFIED NATURALTUTOR OF MELANIE E HAYES | 430 | 768 | 419797 | |||||||||||||||||||||||||
LA-SPI0204-008R |
AND HOLLY A HAYES | TRANSCO EXPLORATION COMPANY | 9/25/1979 | 430 | 768 | 419797 | LA | De Soto | ||||||||||||||||||||
637 | 582 | 540792 | ||||||||||||||||||||||||||
LA-SPI0204-009R |
SUE WINN | P&P PRODUCING INC | 6/18/1994 | 637 | 582 | 540792 | LA | De Soto | ||||||||||||||||||||
637 | 578 | 540791 | ||||||||||||||||||||||||||
LA-SPI0204-010R |
BLANCHE BROUSSARD ET AL | P&P PRODUCING INC | 6/18/1994 | 637 | 578 | 540791 | LA | De Soto | ||||||||||||||||||||
134 | 468 | 141150 | ||||||||||||||||||||||||||
LA-SPI0205-001R |
S H BATES ET AL | THE HUNTER COMPANY | 9/3/1940 | 134 | 468 | 141150 | LA | De Soto | ||||||||||||||||||||
167542 | ||||||||||||||||||||||||||||
LA-SPI0205-002R |
S H BATES ET AL | A W PHILLIPS | 3/23/1945 | 167542 | LA | De Soto | ||||||||||||||||||||||
164 | 0105 | 175882 | ||||||||||||||||||||||||||
LA-SPI0205-003R |
L R BATES ET AL | E P JARVIS ET AL | 5/31/1946 | 164 | 0105 | 175882 | LA | De Soto | ||||||||||||||||||||
161 | 631 | 175229 | ||||||||||||||||||||||||||
LA-SPI0208-000R |
JEWELL J HAMITER | J LEE YOUNGBLOOD | 4/26/1946 | 161 | 631 | 175229 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
0134 | 0237 | 140317 | ||||||||||||||||
LA-SPI0209-001R |
DUDLEY J LEBLANC | THE HUNTER COMPANY INC | 7/15/1940 | 0134 | 0237 | 140317 | LA | De Soto | ||||||||||
134 | 175 | 140046 | ||||||||||||||||
LA-SPI0209-002R |
MARGARET M ANDERS | THE HUNTER COMPANY INC | 6/25/1940 | 134 | 175 | 140046 | LA | De Soto | ||||||||||
164 | 65 | 175622 | ||||||||||||||||
LA-SPI0210-000R |
W B HEWITT | J LEE YOUNGBLOOD | 5/20/1946 | 164 | 65 | 175622 | LA | De Soto | ||||||||||
147 | 440 | 163059 | ||||||||||||||||
LA-SPI0211-001R |
L E COLVIN | KERLYN OIL CO | 7/13/1944 | 147 | 440 | 163059 | LA | De Soto | ||||||||||
147 | 442 | 163060 | ||||||||||||||||
LA-SPI0211-002R |
W W FINCHER | KERLYN OIL COMPANY | 7/13/1944 | 147 | 442 | 163060 | LA | De Soto | ||||||||||
147 | 444 | 163061 | ||||||||||||||||
LA-SPI0211-003R |
S W LONG | KERLYN OIL COMPANY | 7/13/1944 | 147 | 444 | 163061 | LA | De Soto | ||||||||||
147 | 445 | 163062 | ||||||||||||||||
LA-SPI0211-004R |
EDWARD JAMES DEAS | KERLYN OIL COMPANY | 7/21/1944 | 147 | 445 | 163062 | LA | De Soto | ||||||||||
147 | 447 | 163063 | ||||||||||||||||
LA-SPI0211-005R |
E J FORSYTH | KERLYN OIL COMPANY | 7/11/1944 | 147 | 447 | 163063 | LA | De Soto | ||||||||||
147 | 449 | 163064 | ||||||||||||||||
LA-SPI0211-006R |
B W CAMPBELL | KERLYN OIL COMPANY | 7/26/1944 | 147 | 449 | 163064 | LA | De Soto | ||||||||||
147 | 405 | 162969 | ||||||||||||||||
LA-SPI0211-007R |
ADA H DEAS ET AL | KERLYN OIL COMPANY | 7/14/1944 | 147 | 405 | 162969 | LA | De Soto | ||||||||||
147 | 578 | 163462 | ||||||||||||||||
LA-SPI0211-008R |
JOSEPHINE CAMPBELL BELL | KERLYN OIL COMPANY | 8/31/1944 | 147 | 578 | 163462 | LA | De Soto | ||||||||||
150 | 172 | 163749 | ||||||||||||||||
LA-SPI0211-009R |
LUTHER DEAS | KERLYN OIL COMPANY | 8/7/1944 | 150 | 172 | 163749 | LA | De Soto | ||||||||||
0161 | 0233 | 172730 | ||||||||||||||||
LA-SPI0213-000R |
HOWARD MITCHELL ET UX | TRAVIS O WRIGHT | 1/7/1946 | 0161 | 0233 | 172730 | LA | De Soto | ||||||||||
173 | 67 | 185751 | ||||||||||||||||
173 | 67 | 185751 | ||||||||||||||||
173 | 67 | 185751 | ||||||||||||||||
173 | 67 | 185751 | ||||||||||||||||
173 | 67 | 185751 | ||||||||||||||||
LA-SPI0214-001R |
FRANK M GILLILAND | KERR-MCGEE OIL INDUSTRIES ET AL | 6/1/1947 | 173 | 67 | 185751 | LA | De Soto | ||||||||||
191 | 273 | 216528 | ||||||||||||||||
191 | 273 | 216528 | ||||||||||||||||
191 | 273 | 216528 | ||||||||||||||||
LA-SPI0214-002R |
ELIZABETH DYER | PHILLIPS PETROLEUM COMPANY | 4/23/1951 | 191 | 273 | 216528 | LA | De Soto | ||||||||||
0161 | 0371 | 173994 | ||||||||||||||||
LA-SPI0215-001R |
MILTON GANT | J LEE YOUNGBLOOD | 3/6/1946 | 0161 | 0371 | 173994 | LA | De Soto | ||||||||||
GEORGIA ELLER GANT | 0161 | 0375 | 173996 | |||||||||||||||
LA-SPI0215-002R |
NATURAL TUTRIX FOR CHARLIE GANT JR | J LEE YOUNGBLOOD | 3/13/1946 | 0161 | 0375 | 173996 | LA | De Soto | ||||||||||
0161 | 0373 | 173995 | ||||||||||||||||
LA-SPI0215-003R |
OVADER GANT | J LEE YOUNGBLOOD | 3/11/1946 | 0161 | 0373 | 173995 | LA | De Soto | ||||||||||
161 | 533 | 174682 | ||||||||||||||||
LA-SPI0215-004R |
ADELINE GANT S/P | J LEE YOUNGBLOOD | 3/27/1946 | 161 | 533 | 174682 | LA | De Soto | ||||||||||
0169 | 0555 | 184673 | ||||||||||||||||
LA-SPI0215-005R |
VIRGIL ADAMS | M J RYAN | 5/27/1947 | 0169 | 0555 | 184673 | LA | De Soto | ||||||||||
0169 | 0557 | 184674 | ||||||||||||||||
LA-SPI0215-006R |
COURTNEY DAVIS | M J RYAN | 5/27/1947 | 0169 | 0557 | 184674 | LA | De Soto | ||||||||||
0169 | 0575 | 184819 | ||||||||||||||||
LA-SPI0215-007R |
LARMIE DAVIS ET AL | M J RYAN | 5/29/1947 | 0169 | 0575 | 184819 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
0169 | 0577 | 184820 | ||||||||||||||||
LA-SPI0215-008R |
IVORY DAVIS | M J RYAN | 5/29/1947 | 0169 | 0577 | 184820 | LA | De Soto | ||||||||||
191 | 295 | 216686 | ||||||||||||||||
LA-SPI0215-009R |
NOBLE GANT | M J RYAN | 5/2/1951 | 191 | 295 | 216686 | LA | De Soto | ||||||||||
0140 | 0365 | 156615 | ||||||||||||||||
LA-SPI0215-010R |
ELIZABETH SIMS LOFTUS ET AL | G C SCHOONMAKER | 3/31/1943 | 0140 | 0365 | 156615 | LA | De Soto | ||||||||||
173 | 21 | 185284 | ||||||||||||||||
LA-SPI0215-P11R |
OVADER GANT | M J RYAN | 6/27/1947 | 173 | 21 | 185284 | LA | De Soto | ||||||||||
0425 | 0581 | 412477 | ||||||||||||||||
0425 | 0581 | 412477 | ||||||||||||||||
0425 | 0581 | 412477 | ||||||||||||||||
LA-SPI0218-001R |
MAE LEE ELLIS | JAMES N BURGIN | 1/24/1979 | 0425 | 0581 | 412477 | LA | De Soto | ||||||||||
426 | 330 | 413367 | ||||||||||||||||
426 | 330 | 413367 | ||||||||||||||||
426 | 330 | 413367 | ||||||||||||||||
LA-SPI0218-002R |
RUTH E SIMS | JAMES N BURGIN | 1/29/1979 | 426 | 330 | 413367 | LA | De Soto | ||||||||||
425 | 423 | 412226 | ||||||||||||||||
LA-SPI0218-003R |
HATTIE MAE SANTIFER ET VIR | JAMES N BURGIN | 12/28/1978 | 425 | 423 | 412226 | LA | De Soto | ||||||||||
425 | 427 | 412227 | ||||||||||||||||
LA-SPI0218-004R |
ARTIS HOGAN | JAMES N BURGIN | 12/30/1978 | 425 | 427 | 412227 | LA | De Soto | ||||||||||
426 | 206 | 413175 | ||||||||||||||||
LA-SPI0218-005R |
ELVESSIE GREGGS ET AL | JAMES N BURGIN | 1/24/1979 | 426 | 206 | 413175 | LA | De Soto | ||||||||||
425 | 585 | 412428 | ||||||||||||||||
LA-SPI0218-006R |
HUEY P HOGAN | JAMES N BURGIN | 1/24/1979 | 425 | 585 | 412428 | LA | De Soto | ||||||||||
J H COLVIN JR INDIV |
||||||||||||||||||
AND AS TESTAMENTARY EXECUTOR OF L E COLVIN |
427 | 129 | 414610 | |||||||||||||||
LA-SPI0218-007R |
ESTATE | JAMES N BURGIN | 1/9/1979 | 427 | 129 | 414610 | LA | De Soto | ||||||||||
427 | 429 | 415327 | ||||||||||||||||
LA-SPI0218-008R |
ESSIE RAY WALTON | JAMES N BURGIN | 1/24/1979 | 427 | 429 | 415327 | LA | De Soto | ||||||||||
382300 | ||||||||||||||||||
382300 | ||||||||||||||||||
382300 | ||||||||||||||||||
LA-SPI0218-009R |
AMOS GREEN ET UX | B & D INVESTMENTS | 10/30/1975 | 382300 | LA | De Soto | ||||||||||||
382218 | ||||||||||||||||||
382218 | ||||||||||||||||||
382218 | ||||||||||||||||||
LA-SPI0218-010R |
MARIE WIGGINS | B & D INVESTMENTS | 11/3/1975 | 382218 | LA | De Soto | ||||||||||||
379473 | ||||||||||||||||||
LA-SPI0218-011R |
LOYD C SIMS JR | B & D INVESTMENTS | 6/10/1975 | 379473 | LA | De Soto | ||||||||||||
379482 | ||||||||||||||||||
LA-SPI0218-012R |
SUDIE HOGAN MCKINNEY ET AL | B & D INVESTMENTS | 6/11/1975 | 379482 | LA | De Soto | ||||||||||||
247442 | ||||||||||||||||||
LA-SPI0218-013R |
ROBERT HOGAN ET AL | PHILLIPS PETROLEUM COMPANY | 11/14/1955 | 247442 | LA | De Soto | ||||||||||||
217 | 463 | 250058 | ||||||||||||||||
217 | 463 | 250058 | ||||||||||||||||
LA-SPI0218-014R |
REED HOGAN ET AL | PHILLIPS PETROLEUM COMPANY | 2/17/1956 | 217 | 463 | 250058 | LA | De Soto | ||||||||||
415 | 229 | 407151 | ||||||||||||||||
LA-SPI0218-015R |
HATTIE MAE SANTIFER | MAROSKI INC | 7/15/1978 | 415 | 229 | 407151 | LA | De Soto | ||||||||||
419 | 298 | 409012 | ||||||||||||||||
LA-SPI0218-016R |
ARTIS HOGAN | MAROSKI INC | 8/10/1978 | 419 | 298 | 409012 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||||||||
419 | 430 | 409249 | ||||||||||||||||||||||
LA-SPI0218-017R |
HUEY HOGAN ET AL | MAROSKI INC | 6/27/1978 | 419 | 430 | 409249 | LA | De Soto | ||||||||||||||||
379770 | ||||||||||||||||||||||||
LA-SPI0218-018R |
SOLOMON FORD ET AL | B & D INVESTMENTS | 6/10/1975 | 379770 | LA | De Soto | ||||||||||||||||||
379471 | ||||||||||||||||||||||||
LA-SPI0218-019R |
RILEY SMITH FORD ET AL | B & D INVESTMENTS | 6/10/1975 | 379471 | LA | De Soto | ||||||||||||||||||
379472 | ||||||||||||||||||||||||
LA-SPI0218-020R |
LOYD C SIMS JR | B & D INVESTMENTS | 6/10/1975 | 379472 | LA | De Soto | ||||||||||||||||||
379474 | ||||||||||||||||||||||||
LA-SPI0218-021R |
P J LOFTUS ET UX | B & D INVESTMENTS | 6/11/1975 | 379474 | LA | De Soto | ||||||||||||||||||
0427 | 0433 | 415328 | ||||||||||||||||||||||
LA-SPI0219-001R |
MARVIN C THOMPSON ET AL | JAMES N BURGIN | 5/2/1979 | 0427 | 0433 | 415328 | LA | De Soto | ||||||||||||||||
0428 | 0821 | 417170 | ||||||||||||||||||||||
LA-SPI0219-002R |
JAN ROY ALLEN | JAMES N BURGIN | 5/14/1979 | 0428 | 0821 | 417170 | LA | De Soto | ||||||||||||||||
0428 | 0169 | 416532 | ||||||||||||||||||||||
LA-SPI0219-003R |
LINDA JO BARFIELD | JAMES N BURGIN | 5/14/1979 | 0428 | 0169 | 416532 | LA | De Soto | ||||||||||||||||
0428 | 0025 | 416311 | ||||||||||||||||||||||
LA-SPI0219-004R |
ROBERT R ALLEN | JAMES N BURGIN | 5/14/1979 | 0428 | 0025 | 416311 | LA | De Soto | ||||||||||||||||
0429 | 0297 | 417999 | ||||||||||||||||||||||
LA-SPI0219-005R |
GUY V ALLEN | TRANSCO EXPLORATION COMPANY | 7/13/1979 | 0429 | 0297 | 417999 | LA | De Soto | ||||||||||||||||
0412 | 0341 | 406223 | ||||||||||||||||||||||
LA-SPI0219-006R |
WILEY H HEARD | TRANSCO EXPLORATION COMPANY | 6/9/1978 | 0412 | 0341 | 406223 | LA | De Soto | ||||||||||||||||
0412 | 0345 | 406224 | ||||||||||||||||||||||
LA-SPI0219-007R |
G M COUCH JR | TRANSCO EXPLORATION COMPANY | 5/23/1978 | 0412 | 0345 | 406224 | LA | De Soto | ||||||||||||||||
425 | 419 | 412225 | ||||||||||||||||||||||
LA-SPI0219-008R |
ELIZABETH R JONES ETVIR | JAMES N BURGIN | 12/26/1978 | 425 | 419 | 412225 | LA | De Soto | ||||||||||||||||
LA-SPI0219-009 |
CORA MAY GAY | TRANSCO EXPLORATION COMPANY | 11/28/1978 | 424 | 531 | 411002 | LA | De Soto | ||||||||||||||||
194 | 377 | 225182 | ||||||||||||||||||||||
LA-SPI0220-001R |
JOHN L WOFFORD | S E DAVIES | 6/27/1952 | 194 | 377 | 225182 | LA | De Soto | ||||||||||||||||
194 | 395 | 225374 | ||||||||||||||||||||||
LA-SPI0220-P02R |
JAMES H DUGAN | S E DAVIES | 6/19/1952 | 194 | 395 | 225374 | LA | De Soto | ||||||||||||||||
BLANCHE WEMPLE GOUDEAU NATURAL TUTRIX OF | 194 | 413 | 225634 | |||||||||||||||||||||
LA-SPI0220-P03R |
THE MINOR RUTH JEAN GOUDEAU | S E DAVIES | 7/31/1952 | 194 | 413 | 225634 | LA | De Soto | ||||||||||||||||
0416 | 0774 | 408327 | ||||||||||||||||||||||
LA-SPI0222-000R |
JOHN LEE WOFFORD ET UX | TRANSCO EXPLORATION COMPANY | 7/27/1978 | 0416 | 0774 | 408327 | LA | De Soto | ||||||||||||||||
0194 | 0331 | 224630 | ||||||||||||||||||||||
LA-SPI0223-000R |
W B HEWITT | S E DAVIES | 6/4/1952 | 0194 | 0331 | 224630 | LA | De Soto | ||||||||||||||||
194 | 507 | 226194 | ||||||||||||||||||||||
LA-SPI0224-000R |
IVA STRIBLING BAKER ET AL | S E DAVIES | 7/2/1952 | 194 | 507 | 226194 | LA | De Soto | ||||||||||||||||
0209 | 0295 | 242243 | ||||||||||||||||||||||
LA-SPI0226-000R |
P C REEVES ET AL | PHILLIPS PETROLEUM COMPANY ET AL | 2/17/1955 | 0209 | 0295 | 242243 | LA | De Soto | ||||||||||||||||
186 | 429 | 212494 | ||||||||||||||||||||||
LA-SPI0227-000R |
STUART PROVOST ET AL | KERR-MCGEE OIL INDUSTRIES INC | 10/4/1950 | 186 | 429 | 212494 | LA | De Soto | ||||||||||||||||
161 | 167 | 172455 | ||||||||||||||||||||||
LA-SPI0228-001R |
P C REEVES ET AL | J LEE YOUNG BLOOD | 12/26/1945 | 161 | 167 | 172455 | LA | De Soto | ||||||||||||||||
161 | 163 | 172407 | ||||||||||||||||||||||
LA-SPI0228-002R |
R J AYCOCK | J LEE YOUNG BLOOD | 1/3/1946 | 161 | 163 | 172407 | LA | De Soto | ||||||||||||||||
161 | 209 | 172582 | ||||||||||||||||||||||
LA-SPI0228-003R |
DORIS AYCOCK | J LEE YOUNG BLOOD | 12/26/1945 | 161 | 209 | 172582 | LA | De Soto | ||||||||||||||||
161 | 235 | 172737 | ||||||||||||||||||||||
LA-SPI0228-004R |
ELIZABETH R JONES | J LEE YOUNG BLOOD | 12/26/1945 | 161 | 235 | 172737 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
194 | 435 | 225743 | ||||||||||||||||
LA-SPI0229-000R |
CEDAR HILL BAPTIST CHURCH | PHILLIPS PETROLEUM COMPANY | 7/25/1952 | 194 | 435 | 225743 | LA | De Soto | ||||||||||
0203 | 0025 | 235095 | ||||||||||||||||
LA-SPI0230-000R |
CEDAR HILL BAPTIST CHURCH | J H SIMS | 3/25/1954 | 0203 | 0025 | 235095 | LA | De Soto | ||||||||||
412 | 381 | 406232 | ||||||||||||||||
LA-SPI0231-000R |
TERRELL S TEMPLE | TRANSCO EXPLORATION COMPANY | 6/12/1978 | 412 | 381 | 406232 | LA | De Soto | ||||||||||
424 | 696 | 411458 | ||||||||||||||||
LA-SPI0232-000R |
CATHERINE ERWIN MORRIS ET AL | TRANSCO EXPLORATION COMPANY | 12/11/1978 | 424 | 696 | 411458 | LA | De Soto | ||||||||||
416 | 786 | 408358 | ||||||||||||||||
LA-SPI0233-000R |
ALVIN DALE METCALF ET UX | TRANSCO EXPLORATION COMPANY | 10/8/1978 | 416 | 786 | 408358 | LA | De Soto | ||||||||||
415 | 860 | 407692 | ||||||||||||||||
446 | 32 | 420008 | ||||||||||||||||
415 | 860 | 407692 | ||||||||||||||||
LA-SPI0234-000R |
BENOYD TEMPLE ET AL | TRANSCO EXPLORATION COMPANY | 6/15/1978 | 446 | 32 | 420008 | LA | De Soto | ||||||||||
415 | 92 | 407008 | ||||||||||||||||
LA-SPI0235-000R |
JIM R BATH ET AL | TRANSCO EXPLORATION COMPANY | 7/14/1978 | 415 | 92 | 407008 | LA | De Soto | ||||||||||
412 | 377 | 406231 | ||||||||||||||||
LA-SPI0236-000R |
TRUMAN P BLUE ET UX | TRANSCO EXPLORATION COMPANY | 6/12/1978 | 412 | 377 | 406231 | LA | De Soto | ||||||||||
412 | 373 | 406230 | ||||||||||||||||
LA-SPI0237-000R |
AUBREY LEE MANTOOTH ET UX | TRANSCO EXPLORATION COMPANY | 6/12/1978 | 412 | 373 | 406230 | LA | De Soto | ||||||||||
353 | 858 | 379485 | ||||||||||||||||
LA-SPI0238-000R |
RUDOLPH D PHARIS | B & D INVESTMENTS | 6/17/1975 | 353 | 858 | 379485 | LA | De Soto | ||||||||||
411 | 527 | 405584 | ||||||||||||||||
LA-SPI0239-000R |
DAVID NINIAN GLANCY ET UX | TRANSCO EXPLORATION COMPANY | 5/23/1978 | 411 | 527 | 405584 | LA | De Soto | ||||||||||
415 | 40 | 406996 | ||||||||||||||||
LA-SPI0240-001R |
GUY BERTON LOVE | TRANSCO EXPLORATION COMPANY | 6/15/1978 | 415 | 40 | 406996 | LA | De Soto | ||||||||||
411 | 522 | 405583 | ||||||||||||||||
LA-SPI0240-002R |
HUGH B GLANCY | TRANSCO EXPLORATION COMPANY | 5/23/1978 | 411 | 522 | 405583 | LA | De Soto | ||||||||||
SHADY GROVE UNITED METHODIST CHURCH |
426 | 202 | 413174 | |||||||||||||||
LA-SPI0241-000R |
REV GEORGE L THOMAS, PASTOR | JAMES N BURGIN | 2/1/1979 | 426 | 202 | 413174 | LA | De Soto | ||||||||||
359 | 34 | 382410 | ||||||||||||||||
LA-SPI0242-000R |
OLLIE MOSLEY ET AL | B & D INVESTMENTS | 6/20/1975 | 359 | 34 | 382410 | LA | De Soto | ||||||||||
353 | 815 | 379476 | ||||||||||||||||
LA-SPI0244-001R |
NORMA LEE HOGAN | B & D INVESTMENTS | 6/10/1975 | 353 | 815 | 379476 | LA | De Soto | ||||||||||
353 | 811 | 379475 | ||||||||||||||||
LA-SPI0244-002R |
PINK HOGAN | B & D INVESTMENTS | 6/14/1975 | 353 | 811 | 379475 | LA | De Soto | ||||||||||
355 | 202 | 379774 | ||||||||||||||||
LA-SPI0245-000R |
THOMAS FRED WALL ET AL | B & D INVESTMENTS | 5/28/1975 | 355 | 202 | 379774 | LA | De Soto | ||||||||||
353 | 819 | 379477 | ||||||||||||||||
LA-SPI0246-000R |
JAMES H TAYLOR ET AL | B & D INVESTMENTS | 6/5/1975 | 353 | 819 | 379477 | LA | De Soto | ||||||||||
412 | 337 | 406222 | ||||||||||||||||
LA-SPI0248-000R |
JUANITA CHRISTIAN PARKER | TRANSCO EXPLORATION COMPANY | 6/9/1978 | 412 | 337 | 406222 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
505 | 801 | 448622 | ||||||||||||||||||||
LA-SPI0250-001R |
PAUL D PRESTON | TRANSCO EXPLORATION COMPANY | 7/17/1982 | 505 | 801 | 448622 | LA | De Soto | ||||||||||||||
505 | 807 | 448623 | ||||||||||||||||||||
LA-SPI0250-002R |
JOE ATKINS | TRANSCO EXPLORATION COMPANY | 2/20/1982 | 505 | 807 | 448623 | LA | De Soto | ||||||||||||||
435 | 767 | 426867 | ||||||||||||||||||||
LA-SPI0250-003R |
JOE ATKINS | TRANSCO EXPLORATION COMPANY | 5/13/1980 | 435 | 767 | 426867 | LA | De Soto | ||||||||||||||
209 | 473 | 242420 | ||||||||||||||||||||
209 | 473 | 242420 | ||||||||||||||||||||
209 | 473 | 242420 | ||||||||||||||||||||
LA-SPI0254-000R |
J V CHRISTIAN | PHILLIPS PETROLEUM COMPANY | 3/11/1955 | 209 | 473 | 242420 | LA | De Soto | ||||||||||||||
257 | 285 | 297205 | ||||||||||||||||||||
LA-SPI0263-001 |
EVANS CALVERT | PHILLIPS PETROLEUM COMPANY | 1/15/1963 | 257 | 285 | 297205 | LA | De Soto | ||||||||||||||
257 | 305 | 297258 | ||||||||||||||||||||
LA-SPI0263-002 |
J MURRAY KIDD | PHILLIPS | 1/17/1963 | 257 | 305 | 297258 | LA | De Soto | ||||||||||||||
257 | 287 | 297206 | ||||||||||||||||||||
LA-SPI0263-003 |
A A KIDD | PHILLIPS PETROLEUM COMPANY | 1/15/1963 | 257 | 287 | 297206 | LA | De Soto | ||||||||||||||
257 | 289 | 297207 | ||||||||||||||||||||
LA-SPI0263-004 |
J W CARAWAY | PHILLIPS PETROLEUM COMPANY | 1/15/1963 | 257 | 289 | 297207 | LA | De Soto | ||||||||||||||
L R HEWITT INDIVIDUALLY AND AS AGENT AND |
||||||||||||||||||||||
ATTORNEY IN FACT FOR DOROTHY PRESTRIDGE AND |
257 | 291 | 297208 | |||||||||||||||||||
LA-SPI0264-000 |
ANNE BELVILLE | PHILLIPS PETROLEUM COMPANY | 1/19/1963 | 257 | 291 | 297208 | LA | De Soto | ||||||||||||||
257 | 355 | 298116 | ||||||||||||||||||||
LA-SPI0265-001 |
ELLA P HOLLINGSWORTH | PHILLIPS PETROLEUM COMPANY | 2/7/1963 | 257 | 355 | 298116 | LA | De Soto | ||||||||||||||
257 | 357 | 298117 | ||||||||||||||||||||
LA-SPI0265-002 |
LENNA PETTY JENKINS | PHILLIPS PETROLEUM COMPANY | 2/7/1963 | 257 | 357 | 298117 | LA | De Soto | ||||||||||||||
257 | 359 | 298118 | ||||||||||||||||||||
LA-SPI0265-003 |
DAISY P HUNTER | PHILLIPS PETROLEUM COMPANY | 2/7/1963 | 257 | 359 | 298118 | LA | De Soto | ||||||||||||||
257 | 361 | 298119 | ||||||||||||||||||||
LA-SPI0265-004 |
DON G PETTY | PHILLIPS PETROLEUM COMPANY | 2/7/1963 | 257 | 361 | 298119 | LA | De Soto | ||||||||||||||
257 | 363 | 298120 | ||||||||||||||||||||
LA-SPI0265-005 |
FRANCES PETTY EDGE | PHILLIPS PETROLEUM COMPANY | 2/7/1963 | 257 | 363 | 298120 | LA | De Soto | ||||||||||||||
257 | 365 | 298121 | ||||||||||||||||||||
LA-SPI0265-006 |
DON H FORD ET AL | PHILLIPS PETROLEUM COMPANY | 2/7/1963 | 257 | 365 | 298121 | LA | De Soto | ||||||||||||||
257 | 369 | 298498 | ||||||||||||||||||||
LA-SPI0265-007 |
FRANK A PETTY ET AL | PHILLIPS PETROLEUM COMPANY | 2/7/1963 | 257 | 369 | 298498 | LA | De Soto | ||||||||||||||
257 | 271 | 297002 | ||||||||||||||||||||
LA-SPI0266-000 |
MARY B BILLINGSLEY | PHILLIPS PETROLEUM COMPANY | 1/3/1963 | 257 | 271 | 297002 | LA | De Soto | ||||||||||||||
257 | 533 | 300742 | ||||||||||||||||||||
LA-SPI0267-001 |
FRED A WESTMORELAND | PHILLIPS PETROLEUM COMPANY | 8/13/1963 | 257 | 533 | 300742 | LA | De Soto | ||||||||||||||
257 | 531 | 300741 | ||||||||||||||||||||
LA-SPI0267-002 |
HARMON PALMER | PHILLIPS PETROLEUM COMPANY | 8/13/1963 | 257 | 531 | 300741 | LA | De Soto | ||||||||||||||
257 | 529 | 300740 | ||||||||||||||||||||
LA-SPI0267-003 |
LEAH PALMER WILSON | PHILLIPS PETROLEUM COMPANY | 8/13/1963 | 257 | 529 | 300740 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
257 | 727 | 300739 | ||||||||||||||||
LA-SPI0267-004 |
ADA PALMER PARR | PHILLIPS PETROLEUM COMPANY | 8/13/1963 | 257 | 727 | 300739 | LA | De Soto | ||||||||||
257 | 571 | 300917 | ||||||||||||||||
LA-SPI0267-005 |
ELIZABETH WESTMORELAND GOODENOUGH | PHILLIPS PETROLEUM COMPANY | 8/13/1963 | 257 | 571 | 300917 | LA | De Soto | ||||||||||
469993 | ||||||||||||||||||
LA-SPI0268-001 |
ZORA B ANTHONY | PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 477 | 585687 | LA | De Soto | ||||||||||
469991 | ||||||||||||||||||
LA-SPI0268-002 |
MATTIE B BUTLER | PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 469 | 585682 | LA | De Soto | ||||||||||
469992 | ||||||||||||||||||
585686 | ||||||||||||||||||
585685 | ||||||||||||||||||
LA-SPI0268-003 |
MILTON M BAKER | PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 473 | 585684 | LA | De Soto | ||||||||||
469990 | ||||||||||||||||||
LA-SPI0268-004 |
ALICE B CHRISTIAN | PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 465 | 585673 | LA | De Soto | ||||||||||
469994 | ||||||||||||||||||
LA-SPI0268-005 |
JANIS B VANDEWERKER | PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 481 | 585679 | LA | De Soto | ||||||||||
470179 | ||||||||||||||||||
LA-SPI0268-006 |
IVA B HILBURN | PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 555 | 585683 | LA | De Soto | ||||||||||
470178 | ||||||||||||||||||
LA-SPI0268-007 |
DOROTHY JEAN B MCFADDEN | PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 551 | 585794 | LA | De Soto | ||||||||||
470496 | ||||||||||||||||||
LA-SPI0268-008 |
RODNEY BAKER | PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 608 | 585681 | LA | De Soto | ||||||||||
470495 | ||||||||||||||||||
LA-SPI0268-009 |
JERRY TILLEY CHARLIE P BAKER SUCCESSION REPRESENTED BY MARY KATHRYN BAKER AS |
PHILLIPS PETROLEUM COMPANY | 8/27/1984 | 545 | 604 | 585688 481475 |
LA | De Soto | ||||||||||
LA-SPI0268-010 |
ANCILLARY SUCCESSOR ADMINISTRATRIX | PHILLIPS PETROLEUM COMPANY | 10/28/1985 | 590 | 1 | 585680-1 | LA | De Soto | ||||||||||
499073 | ||||||||||||||||||
LA-SPI0268-011 |
WALTER ROBERT BILLINGSLEY ET AL | PHILLIPS PETROLEUM COMPANY | 12/15/1987 | 593 | 319 | 585795 | LA | De Soto | ||||||||||
LA-SPI0269-001 |
CARLTON LUMBER COMPANY INC | TRANSCO EXPLORATION COMPANY | 6/14/1978 | 415 | 74 | 407004 | LA | De Soto | ||||||||||
LA-SPI0269-002 |
DOVIE WEEKS WADDELL | TRANSCO EXPLORATION COMPANY | 6/28/1978 | 415 | 79 | 407005 | LA | De Soto | ||||||||||
LA-SPI0272-000 |
MILTON M BAKER ET AL DESOTO OIL AND GAS TRUST | TRANSCO EXPLORATION COMPANY PHILLIPS PETROLEUM COMPANY AND KERR | 4/14/1978 | 412 | 364 | 406228 | LA | De Soto | ||||||||||
LA-SPI0273-000 |
JAMES S GILLILAND AS TRUSTEE | MCGEE CORPORATION | 11/1/1989 | 649 | 762 | 513409 | LA | De Soto | ||||||||||
169 | 399 | 183796 | ||||||||||||||||
169 | 399 | 183796 | ||||||||||||||||
169 | 399 | 183796 | ||||||||||||||||
LA-SPI0279-000R |
C J PROVOST ET AL | E A CHAMBERLAIN | 3/22/1947 | 169 | 399 | 183796 | LA | De Soto | ||||||||||
169 | 481 | 184353 | ||||||||||||||||
LA-SPI0280-001 |
HATTIE MOATS CRUSE ET AL | J H SIMS | 4/18/1947 | 169 | 481 | 184353 | LA | De Soto | ||||||||||
LA-SPI0280-002 |
NELLIE MOATS DIXON | J H SIMS | 4/18/1947 | 173 | 23 | 185285 | LA | De Soto | ||||||||||
LA-SPI0280-P03 |
J H SIMS | SINCLAIR OIL & GAS COMPANY | 4/12/1957 | 227 | 343 | 257852 | LA | De Soto | ||||||||||
181 | 533 | 206006 | ||||||||||||||||
LA-SPI0281-001R |
SMITH FORD SR | M J RYAN | 2/2/1950 | 181 | 533 | 206006 | LA | De Soto | ||||||||||
198 | 425 | 230142 | ||||||||||||||||
LA-SPI0281-P02R |
FRANK MEIER | PHILLIPS PETROLEUM COMPANY | 2/12/1953 | 198 | 425 | 230142 | LA | De Soto | ||||||||||
203 | 1 | 234821 | ||||||||||||||||
LA-SPI0281-P03R |
FRANK MEIER | PHILLIPS PETROLEUM COMPANY | 12/22/1953 | 203 | 1 | 234821 | LA | De Soto | ||||||||||
LA-SPI0282-000 |
HEARTFIELD DAVIS | J LEE YOUNGBLOOD | 12/31/1945 | 161 | 133 | 172366 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
411 | 368 | 405213 | ||||||||||||||||
411 | 368 | 405213 | ||||||||||||||||
LA-SPI0283-000R |
JOHN PAUL CULPEPPER ET UX | DALLAS EXPLORATION INC | 5/23/1978 | 411 | 368 | 405213 | LA | De Soto | ||||||||||
KERR-MCGEE OIL INDUSTRIES INC AND | 173 | 61 | 185748 | |||||||||||||||
LA-SPI0284-000 |
FRANK M GILLILAND | PHILLIPS PEROLEUM COMPANY | 6/1/1947 | 173 | 61 | 185748 | LA | De Soto | ||||||||||
LA-SPI0285-001 |
SOLOMON FORD ET AL | PHILLIPS PETROLEUM COMPANY | 2/1/1956 | 217 | 235 | 248986 | LA | De Soto | ||||||||||
LA-SPI0285-002 |
LOUIS FORD JR | J H SIMS | 9/22/1955 | 214 | 163 | 246228 | LA | De Soto | ||||||||||
ARMENIA FORD WESLEY GUARDIAN OF THE MINORS | ||||||||||||||||||
LA-SPI0285-003 |
MARY FRANCES FORD ET AL | KERR- MCGEE OIL INDUSTRIES INC | 4/27/1957 | 227 | 415 | 258121 | LA | De Soto | ||||||||||
VIVA PAXTON SAUNDERS INDIVIDUALLY AND AS | ||||||||||||||||||
LA-SPI0286-000 |
AGENT AND A-I-F FOR WILLIAM P SAUNDERS ET AL | PHILLIPS PETROLEUM COMPANY | 5/7/1952 | 194 | 307 | 224210 | LA | De Soto | ||||||||||
149 | 646 | |||||||||||||||||
LA-SPI0287-000 |
HEARTFIELD DAVIS | RUTHT ABNEY | 12/4/1944 | 162 | 168 | 164483 | LA | De Soto | ||||||||||
161 | 627 | |||||||||||||||||
LA-SPI0288-000 |
LOUISIANA LAND & INVESTMENT COMPANY LTD | W C NABORS | 5/3/1945 | 162 | 198 | 175220 | LA | De Soto | ||||||||||
416 | 766 | 408325 | ||||||||||||||||
LA-SPI0289-000R |
JOHN LEE WOFFORD ET UX | TRANSCO EXPLORATION COMPANY | 7/27/1978 | 416 | 766 | 408325 | LA | De Soto | ||||||||||
415 | 87 | 407007 | ||||||||||||||||
LA-SPI0290-001 |
DELTA S BAKER | TRANSCO EXPLORATION COMPANY | 6/22/1978 | 415 | 87 | 407007 | LA | De Soto | ||||||||||
415 | 96 | 407009 | ||||||||||||||||
LA-SPI0290-002 |
GORDON B CHRISTIAN ET UX | TRANSCO EXPLORATION COMPANY | 6/9/1978 | 415 | 96 | 407009 | LA | De Soto | ||||||||||
415 | 44 | 406997 | ||||||||||||||||
LA-SPI0290-003 |
IVA NELL B HILBURN ET AL | TRANSCO EXPLORATION COMPANY | 4/14/1978 | 415 | 44 | 406997 | LA | De Soto | ||||||||||
416 | 770 | 408326 | ||||||||||||||||
LA-SPI0291-000R |
JOHN LEE WOFFORD ET UX | TRANSCO EXPLORATION COMPANY | 7/27/1978 | 416 | 770 | 408326 | LA | De Soto | ||||||||||
LA-SPI0292-000 |
FLORENCE M ANTHONY ET AL | TRANSCO EXPLORATION COMPANY | 4/24/1978 | 412 | 369 | 406229 | LA | De Soto | ||||||||||
LA-SPI0293-000 |
MILTON M BAKER ET AL | TRANSCO EXPLORATION COMPANY | 4/14/1978 | 412 | 354 | 406226 | LA | De Soto | ||||||||||
LA-SPI0294-000 |
REBA ANTHONY THOMPSON | TRANSCO EXPLORATION COMPANY | 4/24/1978 | 415 | 66 | 407002 | LA | De Soto | ||||||||||
THE NEW BETHANY CUMBERLAND PRESBYTERIAN | ||||||||||||||||||
CHURCH | ||||||||||||||||||
REPRESENTED BY MILTON M BAKER AND J P AUSTIN | ||||||||||||||||||
LA-SPI0295-000 |
AT DULY APPOINTED DEACONS | TRANSCO EXPLORATION COMPANY | 6/20/1978 | 415 | 70 | 407003 | LA | De Soto | ||||||||||
MCCOY BROS LUMBER COMPANY INC | 357 | 46 | 380920 | |||||||||||||||
LA-SPI0296-000R |
E CARLTON MCCOY PRESIDENT | PHILLIPS PETROLEUM COMPANY | 4/16/1975 | 357 | 46 | 380920 | LA | De Soto | ||||||||||
LA-SPI0297-000R |
E CARLTON MCCOY ET AL | TRANSCO EXPLORATION COMPANY | 1/9/1980 | 432 | 817 | 423074 | LA | De Soto | ||||||||||
LA-SPI0298-000 |
ROBERT PEYTON BAKER | P & P PRODUCING INC | 4/25/1994 | 637 | 636 | 541015 | LA | De Soto | ||||||||||
541018 | ||||||||||||||||||
LA-SPI0299-000 |
MILTON M BAKER ET AL | P & P PRODUCING INC | 4/22/1994 | 637 | 648 | 542409 | LA | De Soto | ||||||||||
541019 | ||||||||||||||||||
LA-SPI0300-000 |
MILTON M BAKER | P & P PRODUCING INC | 4/22/1994 | 637 | 652 | 542408 | LA | De Soto | ||||||||||
541016 | ||||||||||||||||||
LA-SPI0301-000 |
JERE DALE HILBURN | P & P PRODUCING INC | 4/25/1994 | 637 | 640 | 542413 | LA | De Soto | ||||||||||
541014 | ||||||||||||||||||
LA-SPI0302-000 |
STEPHEN STRIBLING BAKER | P & P PRODUCING INC | 4/22/1994 | 637 | 632 | 542410 | LA | De Soto | ||||||||||
541017 | ||||||||||||||||||
LA-SPI0303-000 |
IVA NELL TANGUIS | P & P PRODUCING INC | 4/25/1994 | 637 | 644 | 542411 | LA | De Soto | ||||||||||
LA-SPI0304-000 |
C P SCURLOCK ESTATE | PARKER & PARSLEY DEVELOPMENT L P | 1/30/1995 | 638 | 81 | 542407 | LA | De Soto | ||||||||||
LA-SPI0305-000 |
MILTON M BAKER ET AL | TRANSCO EXPLORATION COMPANY | 4/14/1978 | 412 | 359 | 406227 | LA | De Soto |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
164 | 125 | 175989 | ||||||||||||||||
164 | 125 | 175989 | ||||||||||||||||
164 | 125 | 175989 | ||||||||||||||||
164 | 125 | 175989 | ||||||||||||||||
164 | 125 | 175989 | ||||||||||||||||
LA-SPI0306-001R |
J P WEMPLE TUTOR OF IMOGEN MADING | J LEE YOUNGBLOOD | 6/11/1946 | 164 | 125 | 175989 | LA | De Soto | ||||||||||
LA-SPI0306-002 |
ELIZABETH DYER | PHILLIPS PETROLEUM COMPANY | 8/18/1953 | 200 | 255 | 232241 | LA | De Soto | ||||||||||
173 | 65 | 185750 | ||||||||||||||||
173 | 65 | 185750 | ||||||||||||||||
173 | 65 | 185750 | ||||||||||||||||
173 | 65 | 185750 | ||||||||||||||||
KERR-MCGEE OIL INDUSTRIES AND PHILLIPS | 173 | 65 | 185750 | |||||||||||||||
LA-SPI0306-003 |
FRANK M GILLILAND | PETROLEUM COMPANY | 6/1/1947 | 173 | 65 | 185750 | LA | De Soto | ||||||||||
569 | 174994 | |||||||||||||||||
174994 | ||||||||||||||||||
569 | 174994 | |||||||||||||||||
569 | 174994 | |||||||||||||||||
569 | 174994 | |||||||||||||||||
LA-SPI0306-004R |
FRANK W GILLILAND ET AL | KERR-MCGEE OIL INDUSTRIES INC | 4/15/1946 | 569 | 174994 | LA | De Soto | |||||||||||
E P JARVIS, A MARCELL AND G CV |
156 | 207 | 168633 | |||||||||||||||
LA-SPI0308-001R |
J H DUGAN | SCHOONMAKER | 5/29/1945 | 156 | 207 | 168633 | LA | De Soto | ||||||||||
176 | 105 | 187991 | ||||||||||||||||
LA-SPI0308-002R |
M J RYAN | G C SCHOONMAKER | 11/5/1947 | 176 | 105 | 187991 | LA | De Soto | ||||||||||
176 | 103 | 187971 | ||||||||||||||||
LA-SPI0308-003R |
H W BOWDEN | M J RYAN | 10/31/1947 | 176 | 103 | 187971 | LA | De Soto | ||||||||||
LA-SPI0310-000R |
TOMMY GORDON CASSEL ET UX | DALLAS EXPLORATION, INC | 6/8/1973 | 412 | 522 | 406450 | LA | De Soto | ||||||||||
LA-SPI0311-MIN |
BP AMERICA PRODUCTION CO | WILDHORSE RESOURCES LLC | 11/4/2010 | 1137 | 605 | 691675 | LA | De Soto | ||||||||||
390 | 841 | 395229 | ||||||||||||||||
LA-SPI0312-000 |
MINNIE JONES EVANS | E R MUSGRAVE | 6/2/1977 | 795 | 302 | 591179 | LA | De Soto | ||||||||||
396 | 95 | 395444 | ||||||||||||||||
LA-SPI0313-000 |
JOE LEE JONES | E R MUSGRAVE | 6/3/1977 | 795 | 304 | 591180 | LA | De Soto | ||||||||||
390 | 792 | 395177 | ||||||||||||||||
LA-SPI0314-000 |
ARLINGTON E ATWOOD ET UX | E R MUSGRAVE | 5/19/1977 | 794 | 546 | 590586 | LA | De Soto | ||||||||||
353 | 823 | 379478 | ||||||||||||||||
LA-SPI0315-000R |
PAUL D WINDHAM | B & D INVESTMENTS | 5/30/1975 | 353 | 823 | 379478 | LA | De Soto | ||||||||||
LA-VER0001-000 |
MARY EDITH FREUDENDORF | HOOD PETROLEUM INC | 9/20/2004 | 363 | 484 | FILE #359156 | LA | Jackson | ||||||||||
LA-VER0002-000 |
TERRY O EWING ET AL | HOOD PETROLEUM INC | 10/13/2004 | 363 | 487 | FILE #359157 | LA | Jackson | ||||||||||
LA-VER0003-000 |
TOPPER CORPORATION | HOOD PETROLEUM INC | 10/13/2004 | 363 | 493 | FILE #359158 | LA | Jackson | ||||||||||
LA-VER0004-001 |
JOHNSON ONEAL WALPOLE ET AL | HOOD PETROLEUM INC | 10/13/2004 | 363 | 500 | FILE #359159 | LA | Jackson | ||||||||||
LA-VER0004-002 |
MARY DIANE WALPOLE HENNIGAN | HOOD PETROLEUM INC | 10/13/2004 | 363 | 507 | FILE #359160 | LA | Jackson | ||||||||||
LA-VER0005-000 |
MARCIA ANNE POOL | HOOD PETROLEUM INC | 7/19/2005 | 372 | 997 | FILE #364092 | LA | Jackson | ||||||||||
LA-CAL0001-000 |
DAVID LAMAR SPILLERS ET UX | STRAT LAND EXPL CO | 9/9/1998 | 1034 | 344 | 7186 | LA | Lincoln | ||||||||||
LA-CAL0002-000 |
LULA ORA SMITH ET AL | SOUTHWEST GAS PROD CO INC | 1/2/1959 | 66 | 211 | C-14984 | LA | Lincoln | ||||||||||
LA-CAL0003-000 |
JAMES R HOLSTEAD | SOUTHWEST GAS PROD CO INC | 1/13/1959 | 66 | 253 | C-15037 | LA | Lincoln | ||||||||||
LA-CAL0004-000 |
HENRY H DAVIS ET UX | STRAT LAND EXPL CO | 9/9/1998 | 1034 | 346 | 7187 | LA | Lincoln | ||||||||||
LA-CAL0005-000 |
B B MCCLENDON ET AL | CRESLENN OIL COMPANY | 3/28/1958 | 60 | 623 | C-9802 | LA | Lincoln | ||||||||||
LA-CAL0006-000 |
LOU SIMS COX ET AL | N A RANDALL | 3/19/1958 | 61 | 289 | C-10240 | LA | Lincoln | ||||||||||
LA-CAL0007-000 |
BELVIN BENNETT | JAMES M BOGAN | 2/18/1954 | 69 | 96 | LA | Lincoln | |||||||||||
LA-CAL0008-000 |
RICHARD L REA ET UX | KCS MEDALLION RESOURCES, INC. | 1/29/1998 | 1019 | 41 | 3546 | LA | Lincoln | ||||||||||
LA-CHO0001-000 |
THOMAS DURWARD CHANDLER ET UX | FRANKS PETROLEUM INC | 5/19/1978 | 231 | 145 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
SOUTHWEST NATURAL PRODUCTION | ||||||||||||||||||
LA-CHO0002-001 |
FLORENCE ISABEL CALHOUN | COMPANY | 10/18/1954 | 71 | N-128792 | LA | Lincoln | |||||||||||
LA-CHO0003-000 |
FLORENCE ISABEL CALHOUN ET AL | UNITED CARBON COMPANY | 5/31/1944 | 34 | 367 | LA | Lincoln | |||||||||||
LA-CHO0004-000 |
LULA MAE LAWHON LINER ET AL | FRANKS PETROLEUM INC | 1/24/1979 | 247 | 43 | LA | Lincoln | |||||||||||
LA-CHO0005-000 |
MADIE OPAL BARRETT GIMBERT | FRANKS PETROLEUM INC | 5/10/1978 | 237 | 113 | LA | Lincoln | |||||||||||
LA-CHO0006-001 |
VIRGINIA B MCROBBIE | FRANKS PETROLEUM INC | 5/4/1978 | 231 | 158 | LA | Lincoln | |||||||||||
LA-CHO0006-002 |
MAE T BURGESS ET AL | FRANKS PETROLEUM INC | 5/4/1978 | 229 | 684 | LA | Lincoln | |||||||||||
LA-CHO0007-000 |
ESTHER B PATTON | FRANKS PETROLEUM INC | 5/5/1978 | 229 | 692 | LA | Lincoln | |||||||||||
LA-FTA0001-000 |
FELIX EUGENE LUEG | WILDHORSE RESOURCES LLC | 2/24/2011 | 1299 | 431 | F117517 | LA | Lincoln | ||||||||||
LA-FTA0002-000 |
ALTON RAY KILGORE ET UX | WILDHORSE RESOURCES LLC | 2/22/2011 | 1299 | 457 | F117522 | LA | Lincoln | ||||||||||
DOROTHY STAFFORD NOLAN INDIVIDUALLY AND AS | 1299 | 451 | F117521 | |||||||||||||||
LA-FTA0003-001 |
USUFRUCTUARY ET AL |
WILDHORSE RESOURCES LLC | 3/1/2011 | 1299 | 451 | F117521 | LA | Lincoln | ||||||||||
LA-FTA0004-000 |
EVELYN WILDER GRAY | WILDHORSE RESOURCES LLC | 3/10/2011 | 1299 | 446 | F117520 | LA | Lincoln | ||||||||||
LA-FTA0005-000 |
PHALA HARTZOG SIMMONS ET AL | WILDHORSE RESOURCES LLC | 2/25/2011 | 1299 | 436 | F117518 | LA | Lincoln | ||||||||||
LA-FTA0006-000 |
GLENDA FAYE COLVIN KNOWLES | WILDHORSE RESOURCES LLC | 3/15/2011 | 1299 | 478 | F117527 | LA | Lincoln | ||||||||||
LA-FTA0007-000 |
MITZI ELIZABETH HAMILTON WERNER | WILDHORSE RESOURCES LLC | 3/10/2011 | 1299 | 475 | F117526 | LA | Lincoln | ||||||||||
1299 | 472 | F117525 | ||||||||||||||||
LA-FTA0008-001 |
RICHARD WESLEY EMERSON ET UX | WILDHORSE RESOURCES LLC | 3/15/2011 | 1299 | 472 | F117525 | LA | Lincoln | ||||||||||
1299 | 492 | F117531 | ||||||||||||||||
LA-FTA0008-002 |
FRANCES LEIGH TRAYLOR |
WILDHORSE RESOURCES LLC | 3/31/2011 | 1299 | 472 | F117525 | LA | Lincoln | ||||||||||
LA-FTA0008-003 |
MITZI ELIZABETH HAMILTON WERNER | WILDHORSE RESOURCES LLC | 8/9/2011 | 1306 | 607 | F120750 | LA | Lincoln | ||||||||||
LA-FTA0008-004 |
JIMMIE L CATES | WILDHORSE RESOURCES LLC | 8/9/2011 | 1306 | 611 | F120751 | LA | Lincoln | ||||||||||
LA-FTA0008-005 |
DONALD RANDOLPH STUEART ET AL | WILDHORSE RESOURCES LLC | 3/29/2011 | 1306 | 603 | F120749 | LA | Lincoln | ||||||||||
LA-FTA0009-000 |
DONALD RANDOLPH STUEART ET AL | WILDHORSE RESOURCES LLC | 3/22/2011 | 1299 | 462 | F117523 | LA | Lincoln | ||||||||||
LA-FTA0010-000 |
JAMES ALBERT REYNOLDS ET UX | WILDHORSE RESOURCES LLC | 4/7/2011 | 1299 | 488 | F117530 | LA | Lincoln | ||||||||||
LA-FTA0011-000 |
THOMAS EDWARD FORD ET UX | WILDHORSE RESOURCES LLC | 3/7/2011 | 1299 | 484 | F117529 | LA | Lincoln | ||||||||||
LA-FTA0012-000 |
BRENDA BALES TAYLOR | WILDHORSE RESOURCES LLC | 3/24/2011 | 1299 | 481 | F117528 | LA | Lincoln | ||||||||||
LA-FTA0013-000 |
FUTCH PROPERTIES LLC | WILDHORSE RESOURCES LLC | 2/22/2011 | 1299 | 466 | F117524 | LA | Lincoln | ||||||||||
LA-FTA0014-000 |
JACQUELYN LEWIS BREWER | WILDHORSE RESOURCES LLC | 3/1/2011 | 1299 | 441 | F117519 | LA | Lincoln | ||||||||||
LA-FTA0015-000 |
MURRAY P RASBURY ET UX | WILDHORSE RESOURCES LLC | 3/28/2011 | 1305 | 826 | F120393 | LA | Lincoln | ||||||||||
LA-FTA0016-000 |
J ROBERT SUMLIN ET UX | WILDHORSE RESOURCES LLC | 4/13/2011 | 1305 | 912 | F120412 | LA | Lincoln | ||||||||||
DAVID NOLAN AND EVELYN Z NOLAN 1996 TRUST | ||||||||||||||||||
LA-FTA0017-000 |
DAVID NOLAN AND EVELYN Z NOLAN AS CO-TRUSTEES | WILDHORSE RESOURCES LLC | 4/15/2011 | 1305 | 902 | F120410 | LA | Lincoln | ||||||||||
LA-FTA0018-000 |
WILLIAM CLAUDE CHIPMON ET UX | WILDHORSE RESOURCES LLC | 4/20/2011 | 1305 | 907 | F120411 | LA | Lincoln | ||||||||||
LOUISIANA UNITED METHODIST CHILDREN AND | ||||||||||||||||||
LA-FTA0019-000 |
FAMILY SERVICES INC | WILDHORSE RESOURCES LLC | 4/27/2011 | 1305 | 974 | F120423 | LA | Lincoln | ||||||||||
LA-FTA0021-000 |
DAVID LAYNE MANUEL ET UX | WILDHORSE RESOURCES LLC | 5/3/2011 | 1305 | 897 | F120409 | LA | Lincoln | ||||||||||
DONALD MORGAN MITCHELL INDIVIDUALLY AND AS | ||||||||||||||||||
LA-FTA0023-001 |
AGENT AND A-I-F FOR JERRY WAYNE MITCHELL | WILDHORSE RESOURCES LLC | 5/3/2011 | 1305 | 949 | F120419 | LA | Lincoln | ||||||||||
LA-FTA0024-000 |
JIMMY L RICHARDSON | WILDHORSE RESOURCES LLC | 5/5/2011 | 1305 | 944 | F120418 | LA | Lincoln | ||||||||||
LA-FTA0025-001 |
THOMAS G DAVIDSON JR | WILDHORSE RESOURCES LLC | 5/13/2011 | 1305 | 804 | F120389 | LA | Lincoln | ||||||||||
LA-FTA0025-002 |
MARIANNE JENNIE DAVIDSON | WILDHORSE RESOURCES LLC | 5/17/2011 | 1305 | 800 | F120388 | LA | Lincoln | ||||||||||
LA-FTA0025-003 |
JOHN BOOTH DAVIDSON ET UX | WILDHORSE RESOURCES LLC | 5/10/2011 | 1305 | 776 | F120383 | LA | Lincoln | ||||||||||
LA-FTA0025-004 |
BARBARA LEE DAVIDSON | WILDHORSE RESOURCES LLC | 4/19/2011 | 1305 | 723 | F120372 | LA | Lincoln | ||||||||||
LA-FTA0025-005 |
JENNIFER LYN LINDENSTEIN | WILDHORSE RESOURCES LLC | 4/18/2011 | 1305 | 719 | F120371 | LA | Lincoln | ||||||||||
LA-FTA0025-006 |
HOLLY A DAVIDSON | WILDHORSE RESOURCES LLC | 10/13/2011 | 1309 | 225 | F121986 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-FTA0026-000 |
MICHAEL LANE REYNOLDS ET UX | WILDHORSE RESOURCES LLC | 5/12/2011 | 1305 | 711 | F120369 | LA | Lincoln | ||||||||||
LA-FTA0027-001 |
PHILLIP BROWNING CARROLL ET UX | WILDHORSE RESOURCES LLC | 5/16/2011 | 1305 | 707 | F120368 | LA | Lincoln | ||||||||||
LA-FTA0028-000 |
GARY LANE BRAZZEL | WILDHORSE RESOURCES LLC | 5/17/2011 | 1305 | 703 | F120367 | LA | Lincoln | ||||||||||
LA-FTA0029-000 |
GENE S BRAZZEL ET UX | WILDHORSE RESOURCES LLC | 5/16/2011 | 1306 | 623 | F120754 | LA | Lincoln | ||||||||||
DONALD MORGAN MITCHELL AS AGENT AND | ||||||||||||||||||
LA-FTA0030-000 |
ATTORNEY IN FACT FOR JERRY WAYNE MITCHELL | WILDHORSE RESOURCES LLC | 5/12/2011 | 1305 | 784 | F120385 | LA | Lincoln | ||||||||||
LA-FTA0032-000 |
MILTON THOMAS MURPHY ET UX | WILDHORSE RESOURCES LLC | 5/30/2011 | 1305 | 808 | F120390 | LA | Lincoln | ||||||||||
LA-FTA0033-000 |
MILTON THOMAS MURPHY ET UX | WILDHORSE RESOURCES LLC | 5/30/2011 | 1305 | 780 | F120384 | LA | Lincoln | ||||||||||
LA-FTA0034-000 |
MICHAEL JOSEPH GRILLOT ET UX | WILDHORSE RESOURCES LLC | 5/16/2011 | 1305 | 699 | F120366 | LA | Lincoln | ||||||||||
LA-FTA0035-000 |
CODY SCOTT RICHARD ET UX | WILDHORSE RESOURCES LLC | 5/18/2011 | 1305 | 838 | F120396 | LA | Lincoln | ||||||||||
LA-FTA0036-001 |
BETTY FRANKLIN MARTIN ET AL | WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 819 | F120392 | LA | Lincoln | ||||||||||
LA-FTA0036-002 |
PHILLIP WAYNE MARTIN |
WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 746 | F120378 | LA | Lincoln | ||||||||||
LA-FTA0037-000 |
JOHN C MORRIS III ET AL | WILDHORSE RESOURCES LLC | 6/16/2011 | 1305 | 935 | F120416 | LA | Lincoln | ||||||||||
LA-FTA0038-001 |
JOYCE D WOODY | WILDHORSE RESOURCES LLC | 6/6/2011 | 1306 | 595 | F120747 | LA | Lincoln | ||||||||||
LA-FTA0038-002 |
BOBBY D HOLLOWAY | WILDHORSE RESOURCES LLC | 6/10/2011 | 1305 | 845 | F120398 | LA | Lincoln | ||||||||||
LA-FTA0038-003 |
CHARLES B DELONY | WILDHORSE RESOURCES LLC | 6/13/2011 | 1305 | 842 | F120397 | LA | Lincoln | ||||||||||
LA-FTA0038-004 |
PAULA D RILEY | WILDHORSE RESOURCES LLC | 6/13/2011 | 1305 | 715 | F120370 | LA | Lincoln | ||||||||||
LA-FTA0038-005 |
PATRICIA DELONY | WILDHORSE RESOURCES LLC | 6/13/2011 | 1305 | 940 | F120417 | LA | Lincoln | ||||||||||
LA-FTA0038-006 |
SUSAN D PARSONS | WILDHORSE RESOURCES LLC | 6/13/2011 | 1305 | 766 | F120381 | LA | Lincoln | ||||||||||
WILLIAM H RAMSDELL AND VIRGINIA G RAMSDELL | ||||||||||||||||||
REVOCABLE TRUST REPRESENTED BY VIRGINIA G | ||||||||||||||||||
LA-FTA0043-001 |
RAMSDELL AS TRUSTEE | WILDHORSE RESOURCES LLC | 6/30/2011 | 1305 | 984 | F120425 | LA | Lincoln | ||||||||||
VIRGINIA MERSHON TRUST REPRESENTED BY MARK | ||||||||||||||||||
LA-FTA0043-002 |
MERSHON AS TRUSTEE | WILDHORSE RESOURCES LLC | 6/30/2011 | 1305 | 991 | F120426 | LA | Lincoln | ||||||||||
LA-FTA0043-003 |
GEORGE ROSS LAUGHEAD | WILDHORSE RESOURCES LLC | 6/30/2011 | 1306 | 1 | F120427 | LA | Lincoln | ||||||||||
FRED LEE RAMSDELL TRUST REPRESENTED BY A | ||||||||||||||||||
LA-FTA0043-004 |
PATRICIA RAMSDELL TRUSTEE | WILDHORSE RESOURCES LLC | 6/30/2011 | 1305 | 862 | F120401 | LA | Lincoln | ||||||||||
LA-FTA0043-005 |
CHARLES MICHAEL RAMSDELL | WILDHORSE RESOURCES LLC | 6/30/2011 | 1306 | 8 | F120428 | LA | Lincoln | ||||||||||
LA-FTA0043-006 |
HUNT TIMBERLAND LLC | WILDHORSE RESOURCES LLC | 8/19/2011 | 1305 | 692 | LA | Lincoln | |||||||||||
JAMES MARSHALL LAUGHEAD FAMILY TRUST | ||||||||||||||||||
LA-FTA0043-007 |
REPRESENTED BY LISA OTT LAKY AS TRUSTEE | WILDHORSE RESOURCES LLC | 6/30/2011 | 1306 | 628 | F120755 | LA | Lincoln | ||||||||||
LA-FTA0044-000 |
CHARLES EDWARD OGDEN ET AL | WILDHORSE RESOURCES LLC | 8/2/2011 | 1306 | 615 | F120752 | LA | Lincoln | ||||||||||
LA-FTA0045-000 |
BARRY WADE MITCHELL ET AL | WILDHORSE RESOURCES LLC | 8/2/2011 | 1306 | 619 | F120753 | LA | Lincoln | ||||||||||
LA-FTA0046-000 |
JOE CALVIN AULDS ET UX | WILDHORSE RESOURCES LLC | 3/9/2011 | 1305 | 739 | F120376 | LA | Lincoln | ||||||||||
LA-FTA0047-000 |
LUTHER GRAHAM HARVEY ET UX | WILDHORSE RESOURCES LLC | 3/14/2011 | 1305 | 742 | F120377 | LA | Lincoln | ||||||||||
LA-FTA0048-000 |
NIEL BROWN TRAYLOR JR ET UX | WILDHORSE RESOURCES LLC | 3/25/2011 | 1305 | 735 | F120375 | LA | Lincoln | ||||||||||
LA-FTA0049-001 |
GWENDOLYN BLACKWELL WILHITE | WILDHORSE RESOURCES LLC | 5/27/2011 | 1305 | 731 | F120374 | LA | Lincoln | ||||||||||
LA-FTA0049-002 |
STEPHANIE CHAISSON DARK | WILDHORSE RESOURCES LLC | 5/27/2011 | 1305 | 727 | F120373 | LA | Lincoln | ||||||||||
LA-FTA0050-000 |
ROY THOMAS WILTCHER ET AL | WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 795 | F120387 | LA | Lincoln | ||||||||||
NELDA CHRISTINE WILTCHER MARTIN AKA CHRISTINE | ||||||||||||||||||
LA-FTA0051-000 |
WILTCHER MARTIN ET AL | WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 789 | F120386 | LA | Lincoln | ||||||||||
LA-FTA0052-001 |
BILLY G MARTIN ET AL | WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 954 | F120420 | LA | Lincoln | ||||||||||
LA-FTA0052-002 |
BETTYE RUTH MARTIN JAMES | WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 855 | F120400 | LA | Lincoln | ||||||||||
LA-FTA0052-003 |
PHILLIP WAYNE MARTIN | WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 753 | F120379 | LA | Lincoln | ||||||||||
LA-FTA0053-001 |
BETTY FRANKLIN MARTIN ET AL | WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 812 | F120391 | LA | Lincoln | ||||||||||
LA-FTA0053-002 |
PHILLIP WAYNE MARTIN | WILDHORSE RESOURCES LLC | 5/31/2011 | 1305 | 759 | F120380 | LA | Lincoln | ||||||||||
HARRIS LIVING TRUST REPRESENTED BY CARL C | ||||||||||||||||||
LA-FTA0054-000 |
HARRIS AS TRUSTEE | WILDHORSE RESOURCES LLC | 8/15/2011 | 1305 | 893 | F120408 | LA | Lincoln | ||||||||||
LA-FTA0055-000 |
CRAIG M KENT ET UX | WILDHORSE RESOURCES LLC | 8/23/2011 | 1306 | 739 | F120815 | LA | Lincoln | ||||||||||
LA-FTA0056-000 |
TIMOTHY CLAY ELLIOTT ET UX | WILDHORSE RESOURCES LLC | 3/18/2011 | 1309 | 229 | F121987 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-FTA0057-000 |
BENJAMIN C LARY | WILDHORSE RESOURCES LLC | 8/22/2011 | 1306 | 600 | F120748 | LA | Lincoln | ||||||||||
LA-FTA0058-000 |
JAMES HOUSTON HALL ET UX | WILDHORSE RESOURCES LLC | 6/8/2011 | 1306 | 15 | F120429 | LA | Lincoln | ||||||||||
1305 | 889 | F120407 | ||||||||||||||||
PRISCILLA HEARD BOWMAN INDIVIDUALLY AND AS | 1305 | 877 | F120404 | |||||||||||||||
LA-FTA0059-000 |
USUFRUCTUARY ET AL | WILDHORSE RESOURCES LLC | 7/25/2011 | 1305 | 869 | F120402 | LA | Lincoln | ||||||||||
1305 | 885 | F120406 | ||||||||||||||||
PRISCILLA HEARD BOWMAN INDIVIDUALLY AND AS | 1305 | 881 | F120405 | |||||||||||||||
LA-FTA0060-000 |
USUFRUCTUARY ET AL | WILDHORSE RESOURCES LLC | 7/25/2011 | 1305 | 873 | F120403 | LA | Lincoln | ||||||||||
1296 | 513 | F116294 | ||||||||||||||||
LA-FTA0061-000 |
SANDRA KILGORE WILLIAMSON ET AL | WILDHORSE RESOURCES LLC | 2/21/2011 | 1296 | 513 | F116294 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | 934 | 289 | E77391 | |||||||||||||||
LA-HKN0001-000 |
M L COOK ET UX | PROPERTIES | 10/12/1993 | 883 | 105 | E67956 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0003-001 |
JERRY S DREWETT ET UX | PROPERTIES | 6/13/1994 | 891 | 189 | E69442 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0003-002 |
JOHN COLVIN DREWETT | PROPERTIES | 6/13/1994 | 891 | 179 | E69440 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0003-003 |
PATTON BARHAM DREWETT | PROPERTIES | 6/13/1994 | 891 | 184 | E69441 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0003-004 |
JEFFRESS MALONE DREWETT | PROPERTIES | 6/13/1994 | 891 | 149 | E69434 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0004-001 |
ERNESTINE LOVELADY TATUM | PROPERTIES | 6/13/1994 | 891 | 194 | 69443 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0004-002 |
RUTH TATUM DELONY | PROPERTIES | 6/13/1994 | 891 | 194 | 69444 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0004-003 |
TERRI TATUM JOHNSON | PROPERTIES | 6/13/1994 | 891 | 166 | 69437 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0004-004 |
JAMES EGAN FULLER | PROPERTIES | 6/22/1994 | 891 | 154 | 69435 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0004-005 |
PHYLLIS SUZANNE W BLACKWELL | PROPERTIES | 6/13/1994 | 891 | 161 | 69436 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0005-000 |
GARY E PATTERSON | PROPERTIES | 7/1/1994 | 891 | 170 | E69438 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0006-000 |
JOAN BLONDIN | PROPERTIES | 8/25/1994 | 902 | 162 | 71204 | LA | Lincoln | ||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | ||||||||||||||||||
LA-HKN0007-001 |
TYRONE A LITTLETON | PROPERTIES | 1/12/1995 | 910 | 340 | F72517 | LA | Lincoln | ||||||||||
935 | 100 | 72881 | ||||||||||||||||
935 | 98 | 72881 | ||||||||||||||||
CLARK ENERGY COMPANY INC OIL & GAS | 935 | 99 | 72881 | |||||||||||||||
LA-HKN0008-000 |
DOROTHY HARRELL GOFF | PROPERTIES | 2/6/1995 | 912 | 280 | 72881 | LA | Lincoln | ||||||||||
R W NORTON ART FOUNDATION | ||||||||||||||||||
LA-HKN0009-001 |
COMMERICAL NATL BANK IN SHREVPORT, TRUSTEE | MEDALLION PRODUCTION CO | 11/3/1995 | 937 | 316 | 78006 | LA | Lincoln | ||||||||||
LA-HKN0010-001 |
LOUISE C WATTS | TXO PRODUCTION CORP | 6/27/1983 | 440 | 24 | LA | Lincoln | |||||||||||
A T HUNT SR ET UX | ||||||||||||||||||
BY HOWARD W WRIGHT, JR, AGENT AND AIF FOR A T | ||||||||||||||||||
LA-HKN0010-002 |
HUNT, SR; ALVERNE DAVIS HUNT | TXO PRODUCTION CORP | 6/24/1983 | 439 | 146 | LA | Lincoln | |||||||||||
LA-HKN0010-003 |
DONALD KEITH HUDDLESTON | TXO PRODUCTION CORP | 6/27/1983 | 443 | 227 | LA | Lincoln | |||||||||||
LA-HKN0010-004 |
LLOYD MILLER FREY | TXO PRODUCTION CORP. | 6/27/1983 | 444 | 64 | LA | Lincoln | |||||||||||
LA-HKN0010-005 |
VIRGINIA COLVIN MEADORS | TXO PRODUCTION CORP. | 3/31/1982 | 377 | 264 | LA | Lincoln | |||||||||||
LA-HKN0010-006 |
CLYDE C COLVIN JR | TXO PRODUCTION CORP. | 3/31/1982 | 377 | 260 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
486 | 122 | |||||||||||||||||
LA-HKN0010-007 |
ROBERT LANE FULLER ET AL | TXO PRODUCTION CORP | 3/17/1982 | 375 | 36 | LA | Lincoln | |||||||||||
LA-HKN0010-008 |
GEORGE B HOLSTEAD JR ET AL | TXO PRODUCTION CORP. | 1/26/1984 | 462 | 39 | LA | Lincoln | |||||||||||
LA-HKN0010-009 |
ISRAEL DUNN | TXO PRODUCTION CORP. | 6/30/1983 | 440 | 318 | LA | Lincoln | |||||||||||
LA-HKN0010-010 |
OTHELL DUNN ET AL | TXO PRODUCTION CORP | 7/18/1983 | 451 | 139 | LA | Lincoln | |||||||||||
LA-HKN0010-011 |
SAVANNAH RAE DUNN SANTA MARIA ET VIR | TXO PRODUCTION CORP. | 7/18/1983 | 445 | 113 | LA | Lincoln | |||||||||||
432 | 205 | |||||||||||||||||
LA-HKN0011-001 |
JAMES H COLVIN SR ET AL | TXO PRODUCTION CORP | 4/1/1983 | 430 | 58 | LA | Lincoln | |||||||||||
432 | 204 | |||||||||||||||||
LA-HKN0011-002 |
JULIA ANN COLVIN NICHOLS | TXO PRODUCTION CORP | 4/1/1983 | 430 | 62 | LA | Lincoln | |||||||||||
432 | 206 | |||||||||||||||||
LA-HKN0011-003 |
LITTLETON PARKS COLVIN III |
TXO PRODUCTION CORP | 4/1/1983 | 430 | 54 | LA | Lincoln | |||||||||||
LA-HKN0011-004 |
F COLBURN PLATT | TXO PRODUCTION CORP | 4/1/1983 | 428 | 237 | LA | Lincoln | |||||||||||
LA-HKN0011-005 |
ALVERNE COLVIN COOK | TXO PRODUCTION CORP | 4/1/1983 | 428 | 241 | LA | Lincoln | |||||||||||
LA-HKN0011-006 |
DOLLIE OPHELIA COLVIN CAMPBELL | TXO PRODUCTION CORP | 4/1/1983 | 428 | 249 | LA | Lincoln | |||||||||||
LA-HKN0011-007 |
WILLIAM LOSSE COLVIN JR | TXO PRODUCTION CORP | 4/1/1983 | 430 | 23 | LA | Lincoln | |||||||||||
LA-HKN0011-008 |
HENRY L STUM ET AL | TXO PRODUCTION CORP | 6/28/1983 | 439 | 150 | LA | Lincoln | |||||||||||
LA-HKN0011-009 |
JOY COLVIN AUDIRSCH | TXO PRODUCTION CORP | 4/1/1983 | 430 | 19 | LA | Lincoln | |||||||||||
LA-HKN0011-010 |
WILLIAM DON SMITH | TXO PRODUCTION CORP | 4/1/1983 | 432 | 46 | LA | Lincoln | |||||||||||
LA-HKN0011-011 |
W A COLVIN III |
TXO PRODUCTION CORP | 4/1/1983 | 428 | 245 | LA | Lincoln | |||||||||||
LA-HKN0011-012 |
JOYCE LEFETTE DANIEL HENRY | TXO PRODUCTION CORP | 4/1/1983 | 428 | 302 | LA | Lincoln | |||||||||||
LA-HKN0011-013 |
WALTER RAY FARRAR JR | TXO PRODUCTION CORP | 4/1/1983 | 428 | 298 | LA | Lincoln | |||||||||||
LA-HKN0012-000 |
REBECCA MCGINNIS WILLIAMS | TXO PRODUCTION CORP | 4/1/1983 | 428 | 306 | LA | Lincoln | |||||||||||
LA-HKN0013-001 |
ROBERT E BARHAM | TXO PRODUCTION CORP | 5/5/1983 | 434 | 299 | D49514 | LA | Lincoln | ||||||||||
LA-HKN0013-002 |
CHARLES C BARHAM | TXO PRODUCTION CORP | 5/5/1983 | 432 | 259 | D49253 | LA | Lincoln | ||||||||||
LA-HKN0014-000 |
PAULINE BARHAM DREWETT | TXO PRODUCTION CORP | 7/8/1983 | 442 | 37 | D50638 | LA | Lincoln | ||||||||||
T L JAMES & CO INC | ||||||||||||||||||
LA-HKN0015-000 |
BY THOMAS D JAMES EXECUTIVE VP | TXO PRODUCTION CORP | 8/8/1986 | 592 | 5 | E16339 | LA | Lincoln | ||||||||||
LA-HKN0016-000 |
NANCY HART CALHOUN ET AL | TXO PRODUCTION CORP | 12/1/1983 | 455 | 308 | D53089 | LA | Lincoln | ||||||||||
LA-HKN0017-000 |
M L COOK ET UX | TXO PRODUCTION CORP. | 11/17/1983 | 454 | 106 | D52802 | LA | Lincoln | ||||||||||
LA-HKN0018-000 |
TRINITY ROYALTY CO INC | TXO PRODUCTION CORP | 9/25/1983 | 449 | 335 | D52117 | LA | Lincoln | ||||||||||
LA-HKN0020-001 |
JERRY BLACKMON | R & O ENERGY LLC | 3/6/2007 | 1216 | 611 | F82667 | LA | Lincoln | ||||||||||
LA-HKN0021-001 |
L W SUGAR LIMITED PARTNERSHIP | CLAYTON WILLIAMS ENERGY INC | 3/20/2007 | 1218 | 638 | F83404 | LA | Lincoln | ||||||||||
648 | 259 | E-25114 | ||||||||||||||||
LA-HKN0021-002 |
ELIZABETH NOBLES LARSON ET AL | SONAT EXPLORATION COMPANY | 2/19/1988 | 648 | 259 | E-25114 | LA | Lincoln | ||||||||||
LA-HKN0021-003 |
L W SUGAR LIMITED PARTNERSHIP | CLAYTON WILLIAMS ENERGY INC | 3/20/2007 | 1218 | 635 | F83403 | LA | Lincoln | ||||||||||
LA-HKN0021-005 |
BRIAN ALAN SUGAR ET AL | SONAT EXPLORATION COMPANY | 4/5/1988 | 656 | 176 | E-26288 | LA | Lincoln | ||||||||||
LA-HKN0021-006 |
LOTTIE WILLIAMS SUGAR ET AL | PHILLIPS PETROLEUM COMPANY | 8/14/1985 | 555 | 130 | E-10141 | LA | Lincoln | ||||||||||
289 | 305 | D-27635 | ||||||||||||||||
LA-HKN0021-007 |
HOWARD EDWIN NOBLES ET UX | AMOCO PRODUCTION COMPANY INC | 4/30/1980 | 289 | 305 | D-27635 | LA | Lincoln | ||||||||||
648 | 255 | E-25113 | ||||||||||||||||
LA-HKN0021-P04 |
HOWARD E NOBLES | SONAT EXPLORATION COMPANY | 2/19/1988 | 648 | 255 | E-25113 | LA | Lincoln | ||||||||||
LA-HKN0023-001 |
STANLEY A COLVIN | KCS RESOURCES INC | 6/28/2002 | 1135 | 42 | 40120 | LA | Lincoln | ||||||||||
LA-HKN0023-002 |
WANDA K MATLOCK | KCS RESOURCES INC | 6/28/2002 | 1135 | 45 | 40121 | LA | Lincoln | ||||||||||
LA-HKN0023-003 |
LLOYD D COLVIN ET AL |
KCS RESOURCES INC | 7/1/2002 | 1135 | 50 | 40123 | LA | Lincoln | ||||||||||
LA-HKN0024-000 |
JOHN EARL JIMMERSON ET UX | KCS RESOURCES INC | 7/3/2002 | 1135 | 48 | 40122 | LA | Lincoln | ||||||||||
NANCY W BAGGETTE TRUST NO 2 | ||||||||||||||||||
LA-HKN0025-000 |
WADE R BAGGETT TRUSTEE | KCS RESOURCES INC | 6/19/2002 | 1135 | 33 | 40118 | LA | Lincoln | ||||||||||
LA-HKN0026-001 |
MARK EDWIN BARNHILL | KCS RESOURCES INC | 3/15/2002 | 1132 | 768 | 38576 | LA | Lincoln | ||||||||||
LA-HKN0026-002 |
DAISY LAVERNE HANNA ANDERSON | KCS RESOURCES INC | 3/15/2002 | 1132 | 771 | 38577 | LA | Lincoln | ||||||||||
LA-HKN0026-003 |
DORIS ANN HANNA WHISENAND | KCS RESOURCES INC | 3/15/2002 | 1132 | 777 | 38579 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-HKN0026-004 |
WILLIAM HARRIS GREEN ET UX | KCS RESOURCES INC | 3/26/2002 | 1132 | 774 | 38578 | LA | Lincoln | ||||||||||
LA-HKN0026-005 |
DORIS ANN HANNA WHISENAND | KCS RESOURCES INC | 6/7/2002 | 1134 | 587 | 39805 | LA | Lincoln | ||||||||||
LA-HKN0026-006 |
MARK EDWIN BARNHILL | KCS RESOURCES INC | 6/7/2002 | 1134 | 581 | 39803 | LA | Lincoln | ||||||||||
LA-HKN0026-007 |
DAISY LAVERNE HANNA ANDERSON | KCS RESOURCES INC | 6/7/2002 | 1134 | 584 | 39804 | LA | Lincoln | ||||||||||
LA-HKN0027-000 |
BRETT GRAHAM NOBLES ET UX | KCS RESOURCES INC | 3/26/2002 | 1132 | 780 | 38580 | LA | Lincoln | ||||||||||
LA-HKN0028-000 |
EVA PEARL JACKSON ET AL | KCS RESOURCES INC | 7/12/2002 | 1135 | 35 | 40119 | LA | Lincoln | ||||||||||
1176 | 240 | F65239 | ||||||||||||||||
LA-HKN0030-001 |
HAZEL NOLAN SMITH | KCS RESOURCES INC | 2/9/2005 | 1176 | 240 | F65239 | LA | Lincoln | ||||||||||
LA-HKN0033-000 |
VIRGINIA ANN MITCHELL | ACADIAN LAND SERVICES LLC | 5/24/2004 | 1165 | 662 | 59501 | LA | Lincoln | ||||||||||
LA-HKN0034-000 |
MARTHA WEST WYCHE ET AL | ACADIAN LAND SERVICES LLC | 6/23/2004 | 1165 | 638 | 59497 | LA | Lincoln | ||||||||||
LA-HKN0035-000 |
LOUISIANA MINERALS LTD | ACADIAN LAND SERVICES LLC | 10/5/2004 | 1165 | 678 | 59506 | LA | Lincoln | ||||||||||
CLEM B FAMILY LTD PTNRSHIP | ||||||||||||||||||
JERRY STEPHEN DREWETT A GENERAL AND LIMITED | ||||||||||||||||||
PARTNER | ||||||||||||||||||
MARGIE MARIE NORMAND DREWETT A GENERAL AND | ||||||||||||||||||
LIMITED PARTNER | ||||||||||||||||||
PATRICK STEPHEN DREWETT A GENERAL AND LIMITED | ||||||||||||||||||
LA-HKN0037-000 |
PARTNER | KCS RESOURCES INC | 3/5/2007 | 1216 | 670 | F82686 | LA | Lincoln | ||||||||||
LA-HKN0038-000 |
MICHAEL EUGENE CRAFT ET UX | KCS RESOURCES INC | 3/27/2007 | 1224 | 604 | F85920 | LA | Lincoln | ||||||||||
LA-HKN0040-000 |
WHITE SOLOMON GRAVES III ET UX | KCS RESOURCES INC | 11/23/2004 | 1167 | 179 | 60346 | LA | Lincoln | ||||||||||
LA-HKN0041-000 |
TAMMY DIANNE OTWELL VEDROS | KCS RESOURCES INC | 11/24/2004 | 1167 | 11 | 60257 | LA | Lincoln | ||||||||||
LA-HKN0042-000 |
ROY C DELONY | KCS RESOURCES INC | 2/1/2005 | 1170 | 475 | 62132 | LA | Lincoln | ||||||||||
LA-HKN0044-001 |
SARA NELL HUMPHREYS | KCS RESOURCES, INC. | 9/18/2007 | 1239 | 485 | 91865 | LA | Lincoln | ||||||||||
LA-HKN0044-002 |
RICHARD HARDIN VICKERS | KCS RESOURCES, INC. | 9/18/2007 | 1239 | 488 | 91866 | LA | Lincoln | ||||||||||
LA-HKN0044-003 |
RUDMAN PARTNERSHIP LTD | KCS RESOURCES, INC. | 9/18/2007 | 1239 | 491 | 91867 | LA | Lincoln | ||||||||||
LA-HKN0044-004 |
RUDMAN PARTNERSHIP LTD | KCS RESOURCES, INC. | 9/6/2007 | 1239 | 494 | 91868 | LA | Lincoln | ||||||||||
HEIRS OF GLADYS NOBLES DELONY | ||||||||||||||||||
LA-HKN0044-005 |
REPRESENTED BY DONNY MACK HOOD | KCS RESOURCES, INC. | 9/6/2007 | 1239 | 612 | 91941 | LA | Lincoln | ||||||||||
HEIRS OF GLADYS NOBLES DELONY | ||||||||||||||||||
LA-HKN0044-006 |
REPRESENTED BY JAMES A DELONEY | KCS RESOURCES, INC. | 9/6/2007 | 1239 | 609 | 91940 | LA | Lincoln | ||||||||||
LA-HKN0044-007 |
MOSBACHER USA INC | KCS RESOURCES, INC. | 3/2/2007 | 1226 | 600 | F86722 | LA | Lincoln | ||||||||||
LA-HKN0044-008 |
GEORGE GRAHAM CAVER | KCS RESOURCES INC | 2/22/2007 | 1224 | 591 | F85916 | LA | Lincoln | ||||||||||
LA-HKN0044-009 |
YOUNGBLOOD LIMITED LP | KCS RESOURCES INC | 3/14/2007 | 1224 | 594 | F85917 | LA | Lincoln | ||||||||||
LA-HKN0044-010 |
MARILYN JO SWINT YOUNG | KCS RESOURCES INC | 2/27/2007 | 1224 | 601 | F85919 | LA | Lincoln | ||||||||||
LA-HKN0044-011 |
LOUISIANA METHODIST CHILDRENS ORPHANAGE INC | KCS RESOURCES, INC. | 11/2/2005 | 1189 | 559 | F71523 | LA | Lincoln | ||||||||||
1225 | 195 | F86111 | ||||||||||||||||
LA-HKN0044-012 |
POGO PRODUCING COMPANY | CLAYTON WILLIAMS ENERGY INC | 4/20/2007 | 1225 | 195 | F86111 | LA | Lincoln | ||||||||||
LA-HKN0044-013 |
RONNIE MCCULLIN | R & O ENERGY, LLC | 9/5/2007 | 1231 | 50 | F88497 | LA | Lincoln | ||||||||||
LA-HKN0044-014 |
JO ANNE DELONY RAINEY | R & O ENERGY, LLC | 10/15/2007 | 1236 | 231 | F90437 | LA | Lincoln | ||||||||||
LA-HKN0044-015 |
JUDITH LORAINE DELONY WASSON | R & O ENERGY, LLC | 10/15/2007 | 1235 | 251 | F90141 | LA | Lincoln | ||||||||||
LA-HKN0044-016 |
BOKF NA AS AGENT FOR PRINCIPA CORPORATION | WILDHORSE RESOURCES LLC | 4/27/2011 | 1301 | 648 | F118565 | LA | Lincoln | ||||||||||
LA-HKN0044-017 |
BILLYE MARGARET SNIDER HUFF | COMSTOCK OIL & GAS LOUISIANA LLC | 2/1/2007 | 1217 | 654 | F83073 | LA | Lincoln | ||||||||||
LA-HKN0044-018 |
BARBARA FOREE WALLACE TRUST ET AL | COMSTOCK OIL & GAS LOUISIANA LLC | 1/24/2007 | 1218 | 124 | F83181 | LA | Lincoln | ||||||||||
LA-HKN0044-019 |
L S YOUNGBLOOD COMPANY | COMSTOCK OIL & GAS LOUISIANA LLC | 1/31/2007 | 1218 | 163 | F83201 | LA | Lincoln | ||||||||||
LA-HKN0044-020 |
RICHARD H VICKERS INDIV ET AL | EASON OIL COMPANY INC | 9/10/1984 | 500 | 170 | E-2731 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
L W SUGAR LIMITED PARTNERSHIP | ||||||||||||||||||
REPRESENTED BY BRIAN ALAN SUGAR | ||||||||||||||||||
BRIAN ALAN SUGAR | ||||||||||||||||||
FRANCES JEANNE S HURWITZ | ||||||||||||||||||
LA-HKN0044-022 |
NEE SUGAR | CLAYTON WILLIAMS ENERGY INC | 5/9/2007 | 1223 | 169 | F85198 | LA | Lincoln | ||||||||||
247 | 671 | D-19756 | ||||||||||||||||
247 | 671 | D-19756 | ||||||||||||||||
247 | 671 | D-19756 | ||||||||||||||||
LA-HKN0044-023 |
THOMAS G RUSSELL | AMOCO PRODUCTION COMPANY INC | 3/14/1979 | 247 | 671 | D-19756 | LA | Lincoln | ||||||||||
248 | 486 | D-19968 | ||||||||||||||||
248 | 486 | D-19968 | ||||||||||||||||
248 | 486 | D-19968 | ||||||||||||||||
248 | 486 | D-19968 | ||||||||||||||||
LA-HKN0044-024 |
ALBERT G BLANKE JR | AMOCO PRODUCTION COMPANY INC | 4/10/1979 | 248 | 486 | D-19968 | LA | Lincoln | ||||||||||
L W SUGAR LIMITED PARTNERSHIP | ||||||||||||||||||
LA-HKN0044-025 |
BRIAN ALAN SUGAR AS GENERAL PARTNER | KCS RESOURCES INC | 12/8/2005 | 1194 | 89 | F73736 | LA | Lincoln | ||||||||||
247 | 686 | |||||||||||||||||
247 | 686 | |||||||||||||||||
247 | 686 | |||||||||||||||||
LA-HKN0044-027 |
MARLIN EXPLORATION INC | AMOCO PRODUCTION COMPANY INC | 3/15/1979 | 247 | 686 | LA | Lincoln | |||||||||||
247 | 657 | |||||||||||||||||
247 | 657 | |||||||||||||||||
247 | 657 | |||||||||||||||||
LA-HKN0044-028 |
NANCY WRIGHT SMALL ET AL | AMOCO PRODUCTION COMPANY INC | 3/14/1979 | 247 | 657 | LA | Lincoln | |||||||||||
LA-HKN0044-029 |
C W WILLIAMS JR, A SINGLE MAN | EASON OIL COMPANY INC | 8/30/1984 | 496 | 9 | E-2115 | LA | Lincoln | ||||||||||
LA-HKN0044-030 |
GLADYS M W DREESEN ET VIR | EASON OIL COMPANY INC | 8/30/1984 | 496 | 1 | E-2113 | LA | Lincoln | ||||||||||
LA-HKN0044-031 |
SARA NELL VICKERS HUMPHREYS | EASON OIL COMPANY INC | 9/10/1984 | 500 | 186 | E-2735 | LA | Lincoln | ||||||||||
LA-HKN0044-032 |
C H MURPHY JR ET UX | EASON OIL COMPANY INC | 11/20/1984 | 506 | 120 | E-3481 | LA | Lincoln | ||||||||||
LA-HKN0044-033 |
BETTYE VICKERS GRAY INDIV ET AL | EASON OIL COMPANY INC | 9/10/1984 | 506 | 116 | E-3480 | LA | Lincoln | ||||||||||
LA-HKN0044-034 |
RICKY LYNN DELONY | EASON OIL COMPANY INC | 10/2/1984 | 500 | 214 | E-2742 | LA | Lincoln | ||||||||||
LA-HKN0044-035 |
JAMES DELONY | EASON OIL COMPANY INC | 10/4/1984 | 528 | 195 | E-6473 | LA | Lincoln | ||||||||||
LA-HKN0044-036 |
GEORGE MICHAEL DELONY | EASON OIL COMPANY INC | 10/4/1984 | 512 | 174 | E-4239 | LA | Lincoln | ||||||||||
LA-HKN0044-037 |
F H CALLAWAY ET UX | PAUL E MAEDER | 10/18/1976 | 492 | 263 | LA | Lincoln | |||||||||||
LA-HKN0044-038 |
PRINCIPIA CORPORATION | CARROLL G JONES | 2/3/1982 | 379 | 59 | D-41554 | LA | Lincoln | ||||||||||
640 | 331 | E-24101 | ||||||||||||||||
LA-HKN0044-039 |
TILMON LEWIS S/P | SONAT EXPLORATION COMPANY | 12/24/1987 | 640 | 331 | E-24101 | LA | Lincoln | ||||||||||
644 | 176 | E-24632 | ||||||||||||||||
LA-HKN0044-040 |
AMOS LEWIS S/P | SONAT EXPLORATION COMPANY | 1/6/1988 | 644 | 176 | E-24632 | LA | Lincoln | ||||||||||
LA-HKN0044-041 |
HERMAN SINGER ET UX | SONAT EXPLORATION COMPANY | 2/19/1988 | 661 | 334 | E-27184 | LA | Lincoln | ||||||||||
LA-HKN0044-042 |
C W WILLIAMS JR ET AL | SONAT EXPLORATION COMPANY | 3/24/1988 | 663 | 340 | E-27561 | LA | Lincoln | ||||||||||
LA-HKN0044-043 |
DONNA L S FONTENOT ET AL | SONAT EXPLORATION COMPANY | 9/8/1988 | 677 | 228 | E-29790 | LA | Lincoln | ||||||||||
LA-HKN0044-044 |
L S YOUNGBLOOD COMPANY | SONAT EXPLORATION COMPANY | 2/17/1988 | 650 | 66 | E-25341 | LA | Lincoln | ||||||||||
LA-HKN0044-045 |
GEORGE W CAVER JR | SONAT EXPLORATION COMPANY | 2/9/1988 | 649 | 331 | E-25283 | LA | Lincoln | ||||||||||
LA-HKN0044-046 |
JOHN E DELONY | SONAT EXPLORATION COMPANY | 2/10/1988 | 649 | 327 | E-25282 | LA | Lincoln | ||||||||||
LA-HKN0044-047 |
BILLYE MARGARET SNIDER HUFF | SONAT EXPLORATION COMPANY | 2/11/1988 | 649 | 303 | E-25276 | LA | Lincoln | ||||||||||
LA-HKN0044-048 |
EVELYN DELONY MCCULLIN | SONAT EXPLORATION COMPANY | 2/15/1988 | 649 | 323 | E-25281 | LA | Lincoln | ||||||||||
LA-HKN0044-049 |
LAVERNE DELONY JEFCOAT | SONAT EXPLORATION COMPANY | 2/10/1988 | 649 | 311 | E-25278 | LA | Lincoln | ||||||||||
LA-HKN0044-050 |
JUDITH LORAINE DELONY WASSON | SONAT EXPLORATION COMPANY | 2/10/1988 | 649 | 307 | E-25277 | LA | Lincoln | ||||||||||
LA-HKN0044-051 |
JO ANNE DELONY RAINEY | SONAT EXPLORATION COMPANY | 2/10/1988 | 649 | 315 | E-25279 | LA | Lincoln | ||||||||||
LA-HKN0044-052 |
FOREE TRUSTS | SONAT EXPLORATION COMPANY | 2/17/1988 | 651 | 99 | E-25587 | LA | Lincoln | ||||||||||
LA-HKN0044-053 |
LOUISIANA METHODIST ORPHANAGE | SONAT EXPLORATION COMPANY | 2/23/1988 | 649 | 299 | E-25275 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-HKN0044-054 |
BETTY JEAN DELONY HOOD | SONAT EXPLORATION COMPANY | 2/10/1988 | 649 | 319 | E-25280 | LA | Lincoln | ||||||||||
LA-HKN0044-055 |
CLINTON I SMULLYAN JR | SONAT EXPLORATION COMPANY | 5/20/1988 | 667 | 21 | E-28053 | LA | Lincoln | ||||||||||
LA-HKN0044-056 |
BENNETT EMIL SMULLYAN | SONAT EXPLORATION COMPANY | 5/20/1988 | 667 | 25 | E-28054 | LA | Lincoln | ||||||||||
LA-HKN0044-057 |
ROBERT A MOSBACHER | SONAT EXPLORATION COMPANY | 5/20/1988 | 667 | 17 | E-28052 | LA | Lincoln | ||||||||||
LA-HKN0044-058 |
JOHN D JERABECK | SONAT EXPLORATION COMPANY | 6/14/1988 | 686 | 303 | E-31182 | LA | Lincoln | ||||||||||
644 | 180 | E-24633 | ||||||||||||||||
LA-HKN0044-059 |
CLEOPHUS LEWIS | SONAT EXPLORATION COMPANY | 1/6/1988 | 644 | 180 | E-24633 | LA | Lincoln | ||||||||||
644 | 184 | E-24634 | ||||||||||||||||
LA-HKN0044-060 |
ELIZABETH LEWIS LEWIS | SONAT EXPLORATION COMPANY | 1/6/1988 | 644 | 184 | E-24634 | LA | Lincoln | ||||||||||
644 | 188 | E-24635 | ||||||||||||||||
LA-HKN0044-061 |
CAMILLE LEWIS MILLER | SONAT EXPLORATION COMPANY | 1/6/1988 | 644 | 188 | E-24635 | LA | Lincoln | ||||||||||
646 | 58 | E-24844 | ||||||||||||||||
LA-HKN0044-062 |
THOMAS LEWIS | SONAT EXPLORATION COMPANY | 1/6/1988 | 646 | 58 | E-24844 | LA | Lincoln | ||||||||||
646 | 38 | E-24839 | ||||||||||||||||
LA-HKN0044-063 |
JAMES LEWIS | SONAT EXPLORATION COMPANY | 1/6/1988 | 646 | 38 | E-24839 | LA | Lincoln | ||||||||||
646 | 54 | E-24843 | ||||||||||||||||
LA-HKN0044-064 |
BENJAMIN LEWIS | SONAT EXPLORATION COMPANY | 1/6/1988 | 646 | 54 | E-24843 | LA | Lincoln | ||||||||||
646 | 50 | E-24842 | ||||||||||||||||
LA-HKN0044-065 |
IDA MAE LEWIS WILLIAMS | SONAT EXPLORATION COMPANY | 1/6/1988 | 646 | 50 | E-24842 | LA | Lincoln | ||||||||||
646 | 46 | E-24841 | ||||||||||||||||
LA-HKN0044-066 |
RUTH LEWIS MYLES | SONAT EXPLORATION COMPANY | 1/6/1988 | 646 | 46 | E-24841 | LA | Lincoln | ||||||||||
646 | 42 | E-24840 | ||||||||||||||||
LA-HKN0044-067 |
LUCENDIA LEWIS SPIVEY | SONAT EXPLORATION COMPANY | 1/6/1988 | 646 | 42 | E-24840 | LA | Lincoln | ||||||||||
646 | 151 | E-24872 | ||||||||||||||||
LA-HKN0044-068 |
JOHN RAY LEWIS | SONAT EXPLORATION COMPANY | 1/6/1988 | 646 | 151 | E-24872 | LA | Lincoln | ||||||||||
647 | 221 | E-24959 | ||||||||||||||||
LA-HKN0044-069 |
BETTY JEAN LEWIS TOLBERT | SONAT EXPLORATION COMPANY | 1/6/1988 | 647 | 221 | E-24959 | LA | Lincoln | ||||||||||
650 | 197 | E-25440 | ||||||||||||||||
LA-HKN0044-070 |
NAOMI LEWIS | SONAT EXPLORATION COMPANY | 1/6/1988 | 650 | 197 | E-25440 | LA | Lincoln | ||||||||||
LA-HKN0044-071 |
PAULINE BARHAM DREWETT | SONAT EXPLORATION COMPANY | 2/18/1988 | 649 | 283 | E-25271 | LA | Lincoln | ||||||||||
LA-HKN0044-072 |
M L HOOD ET AL | SONAT EXPLORATION COMPANY | 11/25/1987 | 639 | 136 | E-23851 | LA | Lincoln | ||||||||||
IRMA R COOK ET AL | ||||||||||||||||||
INDIVIDUALLY AND AS GENERAL PARTNER OF COOK | ||||||||||||||||||
LA-HKN0044-073 |
ROYALTIES | SONAT EXPLORATION COMPANY | 2/19/1988 | 649 | 295 | E-25274 | LA | Lincoln | ||||||||||
LA-HKN0044-074 |
BETTY SHELOR MORRIS | SONAT EXPLORATION COMPANY | 2/19/1988 | 649 | 335 | E-25284 | LA | Lincoln | ||||||||||
LA-HKN0044-075 |
MARY LYNN SHELOR CASON | SONAT EXPLORATION COMPANY | 2/19/1988 | 655 | 100 | E-26129 | LA | Lincoln | ||||||||||
MARY JOHN SPENCE TRUST | ||||||||||||||||||
LEMUEL C HUTCHINS ANCILLARY TRUSTEE FOR MARY | ||||||||||||||||||
JOHN SPENCE U/W/O L A GRELLING, AND MARY JOHN | ||||||||||||||||||
LA-HKN0044-076 |
SPENCE U/W/O MAE KYLE GRELLING | SONAT EXPLORATION COMPANY | 3/28/1988 | 656 | 298 | E-26346 | LA | Lincoln | ||||||||||
LA-HKN0044-077 |
CHARLES FLOYD SHELOR | SONAT EXPLORATION COMPANY | 2/19/1988 | 657 | 120 | E-26385 | LA | Lincoln | ||||||||||
LA-HKN0044-078 |
THOMAS G RUSSELL ESTATE | SONAT EXPLORATION COMPANY | 2/22/1988 | 658 | 35 | E-26510 | LA | Lincoln | ||||||||||
649 | 287 | E-25272 | ||||||||||||||||
LA-HKN0044-079 |
ELIZABETH WRIGHT WRIGHT | SONAT EXPLORATION COMPANY | 2/18/1988 | 649 | 287 | E-25272 | LA | Lincoln | ||||||||||
649 | 291 | E-25273 | ||||||||||||||||
LA-HKN0044-080 |
NANCY WRIGHT SMALL | SONAT EXPLORATION COMPANY | 2/18/1988 | 649 | 291 | E-25273 | LA | Lincoln | ||||||||||
649 | 274 | E-25269 | ||||||||||||||||
LA-HKN0044-081 |
MARLIN EXPLORATION INC | SONAT EXPLORATION COMPANY | 3/1/1988 | 649 | 274 | E-25269 | LA | Lincoln | ||||||||||
652 | 233 | E-25745 | ||||||||||||||||
LA-HKN0044-082 |
ARTHUR BROGNA ET UX | SONAT EXPLORATION COMPANY | 2/19/1988 | 652 | 233 | E-25745 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
653 | 32 | E-25824 | ||||||||||||||||
LA-HKN0044-083 |
MARY A CONNELLY | SONAT EXPLORATION COMPANY | 2/19/1988 | 653 | 32 | E-25824 | LA | Lincoln | ||||||||||
657 | 306 | |||||||||||||||||
LA-HKN0044-084 |
NORTH CENTRAL OIL CORPORATION | SONAT EXPLORATION COMPANY | 4/15/1988 | 723 | 7 | E-26459 | LA | Lincoln | ||||||||||
LA-HKN0044-085 |
AMOCO PRODUCTION COMPANY | SONAT EXPLORATION COMPANY | 3/2/1988 | 700 | 26 | E-33491 | LA | Lincoln | ||||||||||
LA-HKN0044-086 |
MILTON LAVELLE HOOD ET AL | PETROHOOD CORPORATION | 9/10/2007 | 1231 | 502 | F88793 | LA | Lincoln | ||||||||||
LA-HKN0044-087 |
PETROHOOD CORPORATION | HOOD PETROLEUM INC | 9/10/2007 | 1231 | 510 | F88795 | LA | Lincoln | ||||||||||
1236 | 732 | F90700 | ||||||||||||||||
1236 | 732 | F90700 | ||||||||||||||||
LA-HKN0044-088 |
RYAN CONNELLY LLC | COMSTOCK OIL & GAS LOUISIANA LLC | 10/23/2007 | 1236 | 732 | F90700 | LA | Lincoln | ||||||||||
LA-HKN0044-089 |
MARY JOHN SPENCE TRUST I & II | COMSTOCK OIL & GAS LOUISIANA LLC | 8/8/2007 | 1229 | 430 | F87848 | LA | Lincoln | ||||||||||
LA-HKN0044-090 |
MARY A CONNELLY | SONAT EXPLORATION COMPANY | 2/4/1991 | 759 | 189 | E-43984 | LA | Lincoln | ||||||||||
1218 | 445 | F83309 | ||||||||||||||||
LA-HKN0044-091 |
ROBERT C NOLAN ET AL | COMSTOCK OIL & GAS LOUISIANA LLC | 3/13/2007 | 1218 | 445 | F83309 | LA | Lincoln | ||||||||||
663 | 307 | E-27551 | ||||||||||||||||
LA-HKN0044-092 |
ROBERT C NOLAN ET AL | SONAT EXPLORATION COMPANY | 3/29/1988 | 663 | 307 | E-27551 | LA | Lincoln | ||||||||||
LA-HKN0044-093 |
AMOCO PRODUCTION COMPANY | PRAETORIAN RESOURCES | 6/1/1981 | LA | Lincoln | |||||||||||||
202 | 23 | D-1926 | ||||||||||||||||
LA-HKN0044-094 |
WILLIAM C HARRELL ET UX | PAUL E MAEDER | 10/5/1976 | 202 | 23 | D-1926 | LA | Lincoln | ||||||||||
LA-HKN0044-095 |
JAMES E WRIGHT | SONAT EXPLORATION COMPANY | 4/22/1991 | 766 | 199 | E-45322 | LA | Lincoln | ||||||||||
LA-HKN0044-096 |
ELEANOR WRIGHT MCCULLIN | SONAT EXPLORATION COMPANY | 4/22/1991 | 766 | 194 | E-45321 | LA | Lincoln | ||||||||||
LA-HKN0044-097 |
THOMAS E WRIGHT | SONAT EXPLORATION COMPANY | 3/16/1990 | 729 | 203 | E-38591 | LA | Lincoln | ||||||||||
LA-HKN0044-098 |
JAMES GORDON MCCULLIN | COMSTOCK OIL & GAS LOUISIANA LLC | 9/21/2007 | 1243 | 42 | F93168 | LA | Lincoln | ||||||||||
56 | C-5117 | |||||||||||||||||
LA-HKN0044-099 |
J FLOYD HODGE | JULIAN M FARMER | 5/11/1957 | C-5117 | LA | Lincoln | ||||||||||||
LA-HKN0044-101 |
CORDER S REYNOLDS JR | SONAT EXPLORATION COMPANY | 3/1/1992 | 807 | 268 | E-52758 | LA | Lincoln | ||||||||||
LA-HKN0044-102 |
DAVID EUGENE HANNA | SONAT EXPLORATION COMPANY | 1/18/1991 | 759 | 183 | E-43983 | LA | Lincoln | ||||||||||
LA-HKN0044-103 |
EDITH LUCILLE WRIGHT | SONAT EXPLORATION COMPANY | 5/3/1991 | 769 | 163 | E-45777 | LA | Lincoln | ||||||||||
LA-HKN0044-104 |
BRIAN ALAN SUGAR ET AL | SONAT EXPLORATION COMPANY | 2/15/1988 | 755 | 283 | E-43425 | LA | Lincoln | ||||||||||
LA-HKN0044-105 |
EDWINA WRIGHT COLVIN | SONAT EXPLORATION COMPANY | 3/2/1988 | 649 | 279 | E-25270 | LA | Lincoln | ||||||||||
755 | 288 | E-43426 | ||||||||||||||||
LA-HKN0044-106 |
EDWINA WRIGHT COLVIN | SONAT EXPLORATION COMPANY | 1/12/1991 | 809 | 275 | E-53256 | LA | Lincoln | ||||||||||
755 | 283 | E-43425 | ||||||||||||||||
LA-HKN0044-107 |
ARMEDE WRIGHT HARRELL | SONAT EXPLORATION COMPANY | 1/12/1991 | 809 | 277 | E-53257 | LA | Lincoln | ||||||||||
LA-HKN0044-108 |
ARMEDE WRIGHT HARRELL | SONAT EXPLORATION COMPANY | 3/2/1988 | 649 | 339 | E-25285 | LA | Lincoln | ||||||||||
247 | 715 | |||||||||||||||||
247 | 715 | |||||||||||||||||
LA-HKN0044-109 |
JOHN D JERABECK | AMOCO PRODUCTION COMPANY INC | 3/13/1979 | 247 | 715 | LA | Lincoln | |||||||||||
LA-HKN0044-110 |
CHARLES E SHELOR JR | AMOCO PRODUCTION COMPANY INC | 3/13/1979 | 246 | 301 | D-19196 | LA | Lincoln | ||||||||||
201 | 529 | D-1717 | ||||||||||||||||
LA-HKN0044-111 |
LOUIS D COLVIN ET UX | PAUL E MAEDER | 10/5/1976 | 201 | 529 | D-1717 | LA | Lincoln | ||||||||||
1176 | 624 | F65463 | ||||||||||||||||
LA-HKN0044-112 |
CONSOLIDATED CRESCENT LLC | HOOD PETROLEUM INC | 5/26/2005 | 1283 | 768 | F110284 | LA | Lincoln | ||||||||||
LA-HKN0044-113 |
S B F DINK INC | KCS RESOURCES INC | 12/15/2005 | 1194 | 770 | F73731 | LA | Lincoln | ||||||||||
LA-HKN0044-115 |
CLINTON L DAVIDSON ET AL | COWGILL & ASSOCIATES LLC | 4/4/2002 | 1131 | 926 | 38210 | LA | Lincoln | ||||||||||
LA-HKN0044-116 |
GARY WAYNE LEWIS ET UX | COWGILL & ASSOCIATES LLC | 2/12/2002 | 1131 | 932 | 38212 | LA | Lincoln | ||||||||||
LA-HKN0044-117 |
MARGARET GAYLE RANDALL VAN ZILE | COWGILL & ASSOCIATES LLC | 4/17/2002 | 1133 | 769 | 39282 | LA | Lincoln | ||||||||||
LA-HKN0044-118 |
JAMES LARRY DEASON ET UX | COWGILL & ASSOCIATES LLC | 3/7/2002 | 1133 | 767 | 39281 | LA | Lincoln | ||||||||||
LA-HKN0044-119 |
EXERB LEWIS RANDALL INDIV & AS USUF | COWGILL & ASSOCIATES LLC | 5/24/2002 | 1133 | 324 | 38892 | LA | Lincoln | ||||||||||
LA-HKN0044-121 |
PRUDENCY ANN LEWIS BLACKMON | COMSTOCK OIL & GAS LOUISIANA LLC | 6/12/2007 | 1225 | 622 | F86382 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
33 | 331 | N-58614 | ||||||||||||||||
LA-HKN0045-000 |
T L MCCRARY | JOE B CLARK | 3/3/1944 | 33 | 331 | LA | Lincoln | |||||||||||
295 | 286 | D-28640 | ||||||||||||||||
LA-HKN0046-001 |
MARIE COLVIN JEFCOAT ET AL | AMOCO PRODUCTION COMPANY INC | 6/10/1980 | 295 | 286 | D-28640 | LA | Lincoln | ||||||||||
202 | 625 | D-2183 | ||||||||||||||||
LA-HKN0047-000 |
F H CALLAWAY ET UX | PAUL E MAEDER | 10/18/1976 | 202 | 625 | D-2183 | LA | Lincoln | ||||||||||
1181 | 504 | F67882 | ||||||||||||||||
LA-HKN0048-000 |
CECIL MAX KING ET UX | HOOD PETROLEUM, INC. | 7/22/2005 | 1283 | 68 | F110284 | LA | Lincoln | ||||||||||
LA-HKN0049-001 |
PAULINE DREWETT ET AL | SONAT EXPLORATION COMPANY | 1/9/1991 | 755 | 23 | R-43308 | LA | Lincoln | ||||||||||
LA-HKN0049-002 |
GEORGE B HOLSTEAD JR | SONAT EXPLORATION COMPANY | 1/15/1991 | 755 | 293 | E-43427 | LA | Lincoln | ||||||||||
LA-HKN0049-003 |
PATTON BARHAM DREWETT | SONAT EXPLORATION COMPANY | 1/12/1991 | 763 | 178 | E-44728 | LA | Lincoln | ||||||||||
LA-HKN0049-004 |
JOHN COLVIN DREWETT | SONAT EXPLORATION COMPANY | 1/12/1991 | 758 | 189 | E-43841 | LA | Lincoln | ||||||||||
LA-HKN0049-005 |
J JEFF HOLSTEAD | SONAT EXPLORATION COMPANY | 1/15/1991 | 756 | 176 | E-43565 | LA | Lincoln | ||||||||||
LA-HKN0049-006 |
JEFFRESS MALONE DREWETT | SONAT EXPLORATION COMPANY | 1/12/1991 | 762 | 94 | E-44514 | LA | Lincoln | ||||||||||
LA-HKN0049-007 |
HOLLY ANN HOLSTEAD | SONAT EXPLORATION COMPANY | 1/15/1991 | 761 | 127 | E-44301 | LA | Lincoln | ||||||||||
LA-HKN0050-000 |
LAVERNE D JEFCOAT ET AL | SONAT EXPLORATION COMPANY | 1/14/1991 | 759 | 180 | E-43982 | LA | Lincoln | ||||||||||
1179 | 533 | F66901 | ||||||||||||||||
LA-HKN0067-001 |
JAMES GORDON MCCULLIN | KCS RESOURCES INC | 6/10/2005 | 1179 | 533 | F66901 | LA | Lincoln | ||||||||||
LA-HKN0069-000 |
GLYNN DAVID ST ANDRE ET UX | HOOD PETROLEUM INC | 6/23/2005 | 1178 | 179 | F66229 | LA | Lincoln | ||||||||||
1176 | 233 | F65236 | ||||||||||||||||
LA-HKN0071-000 |
CLYDE LEE AYCOCK ET UX | KCS RESOURCES INC | 2/2/2005 | 1176 | 233 | F65236 | LA | Lincoln | ||||||||||
F89842 | ||||||||||||||||||
LA-HKN0072-000 |
JOHN K POLAND ET UX | KCS RESOURCES INC | 10/23/2007 | F89842 | LA | Lincoln | ||||||||||||
F89843 | ||||||||||||||||||
LA-HKN0073-000 |
VOLLIE HOLTZCLAW COOK | KCS RESOURCES INC | 10/19/2007 | F89843 | LA | Lincoln | ||||||||||||
LA-HKN0075-000 |
CONNIE ARMSTRONG WATTS ET AL | KCS RESOURCES INC | 6/21/2007 | 1232 | 608 | F89322 | LA | Lincoln | ||||||||||
LA-HKN0077-001 |
EDWARD L ROTENBERG | KCS RESOURCES INC | 12/5/2005 | 1194 | 777 | F73733 | LA | Lincoln | ||||||||||
LA-HKN0077-002 |
ANNE KLEIN ROTENBERG | KCS RESOURCES INC | 12/5/2005 | 1194 | 774 | F73732 | LA | Lincoln | ||||||||||
LA-HKN0077-003 |
STEPHEN J ROTENBERG | KCS RESOURCES INC | 12/5/2005 | 1194 | 786 | F73735 | LA | Lincoln | ||||||||||
LA-HKN0077-004 |
STEWART M MADISON ET AL | KCS RESOURCES INC | 11/17/2005 | 1194 | 780 | F73734 | LA | Lincoln | ||||||||||
LA-HKN0077-005 |
DOUGLAS M ROTENBERG | KCS RESOURCES INC | 5/2/2007 | 1239 | 482 | F91864 | LA | Lincoln | ||||||||||
LA-HKN0077-006 |
JOE H NOBLES ET AL | SONAT EXPLORATION COMPANY | 2/15/1991 | 760 | 313 | E-44175 | LA | Lincoln | ||||||||||
LA-HKN0077-007 |
JOE H NOBLES ET AL | SONAT EXPLORATION COMPANY | 1/23/1988 | 645 | 239 | E-24750 | LA | Lincoln | ||||||||||
LA-HKN0077-008 |
NOWERY FAMILY LLC | COMSTOCK OIL & GAS LOUISIANA LLC | 10/29/2007 | 1235 | 630 | F90283 | LA | Lincoln | ||||||||||
LA-HKN0077-010 |
A M LEARY ET UX | SONAT EXPLORATION COMPANY | 4/6/1988 | 657 | 223 | E-26432 | LA | Lincoln | ||||||||||
LA-HKN0077-011 |
EDWIN ROY KELLY | SONAT EXPLORATION COMPANY | 3/25/1988 | 657 | 116 | E-26384 | LA | Lincoln | ||||||||||
LA-HKN0077-012 |
JOHN M MADISON ET AL | SONAT EXPLORATION COMPANY | 4/5/1988 | 657 | 231 | E-26433 | LA | Lincoln | ||||||||||
BUCKEYE INVESTMENTS LLC | ||||||||||||||||||
LA-HKN0077-013 |
REPRESENTED BY WEYMAN H ODEN JR | ROBERT E MCKELLAR | 8/22/2007 | 1231 | 75 | F88518 | LA | Lincoln | ||||||||||
BERTHA KLEIN S/P ET AL | ||||||||||||||||||
LA-HKN0077-014 |
ANNE D KLEIN ROTENBERG S/P | SONAT EXPLORATION COMPANY | 4/6/1988 | 657 | 253 | E-26436 | LA | Lincoln | ||||||||||
663 | 148 | E-27419 | ||||||||||||||||
LA-HKN0077-015 |
HELEN DALZELL LEARY ET AL | SONAT EXPLORATION COMPANY | 4/6/1988 | 657 | 245 | E-26435 | LA | Lincoln | ||||||||||
LA-HKN0077-016 |
BEVERLY PRINCE LASKEY ET AL | SONAT EXPLORATION COMPANY | 8/12/1988 | 688 | 17 | E-31380 | LA | Lincoln | ||||||||||
679 | 40 | E-30007 | ||||||||||||||||
656 | 335 | E-26353 | ||||||||||||||||
LA-HKN0077-017 |
MARTHA JONES MOORE ET AL | SONAT EXPLORATION COMPANY | 3/30/1988 | 665 | 31 | E-27758 | LA | Lincoln | ||||||||||
LA-HKN0077-018 |
FRANCIS S KELLY III | SONAT EXPLORATION COMPANY | 3/25/1988 | 669 | 341 | E-28595 | LA | Lincoln | ||||||||||
LA-HKN0077-019 |
CORRINE ROY KELLY ET AL | SONAT EXPLORATION COMPANY | 3/25/1988 | 656 | 61 | E-26233 | LA | Lincoln | ||||||||||
LA-HKN0077-020 |
TOM L HOLCOME ET UX | SONAT EXPLORATION COMPANY | 3/29/1988 | 656 | 327 | E-26348 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
ERNEST A MERKLEIN JR S/P ET AL | 659 | 159 | E-26716 | |||||||||||||||
LA-HKN0077-021 |
MARY SUE MERKLEIN S/P | SONAT EXPLORATION CO | 4/13/1988 | 659 | 167 | E-26717 | LA | Lincoln | ||||||||||
LA-HKN0077-022 |
MARY SUE MERKLEIN HUGHES S/P | COMSTOCK OIL & GAS LOUISIANA LLC | 1/7/2008 | 1240 | 643 | F92361 | LA | Lincoln | ||||||||||
LA-HKN0077-023 |
ERNEST A MERKLEIN JR S/P | COMSTOCK OIL & GAS LOUISIANA LLC | 1/7/2008 | 1240 | 646 | F92362 | LA | Lincoln | ||||||||||
LA-HKN0078-000 |
THOMAS JERALD DINGLER ET UX | KCS RESOURCES INC | 2/2/2005 | 1176 | 228 | F65234 | LA | Lincoln | ||||||||||
LA-HKN0079-000 |
DOROTHY STAFFORD NOLAN ET AL | KCS RESOURCES INC | 2/9/2005 | 1176 | 237 | F65238 | LA | Lincoln | ||||||||||
LA-HKN0080-000 |
CHRISTOPHER LEE MURRAY ET UX | KCS RESOURCES INC | 2/2/2005 | 1176 | 226 | F65233 | LA | Lincoln | ||||||||||
LA-HKN0081-000 |
TAMMY M NOLAN AINSWORTH | KCS RESOURCES INC | 2/2/2005 | 1176 | 231 | F65235 | LA | Lincoln | ||||||||||
LA-HKN0082-000 |
KEVIN SHAWN NOLAN | KCS RESOURCES INC | 2/2/2005 | 1176 | 235 | F65237 | LA | Lincoln | ||||||||||
LA-HKN0083-000 |
RONALD H THOMPSON ET UX | KCS RESOURCES INC | 2/2/2005 | 1176 | 496 | F65374 | LA | Lincoln | ||||||||||
LA-HKN0084-000 |
CATHERINE C TILLMAN | ACADIAN LAND SERVICES LLC | 8/5/2004 | 1165 | 675 | 59505 | LA | Lincoln | ||||||||||
LA-HKN0085-000 |
VALERIE A TERRELL | ACADIAN LAND SERVICES LLC | 8/5/2004 | 1165 | 666 | 59502 | LA | Lincoln | ||||||||||
LA-HKN0086-000 |
DALE LAMAR HARPER JR | ACADIAN LAND SERVICES LLC | 8/5/2004 | 1165 | 672 | 59504 | LA | Lincoln | ||||||||||
LA-HKN0088-000 |
G A ADAMS | J LEE & JUANITA YOUNGBLOOD | 7/7/1944 | 35 | 159 | N-60396 | LA | Lincoln | ||||||||||
32 | 595 | N-57799 | ||||||||||||||||
LA-HKN0089-000 |
MRS W W FARLEY ET AL | C E BARHAM | 1/3/1944 | 32 | 595 | N-57799 | LA | Lincoln | ||||||||||
32 | 599 | N-57801 | ||||||||||||||||
LA-HKN0090-000 |
J A BRITT ET AL | C E BARHAM | 1/3/1944 | 32 | 599 | N-57801 | LA | Lincoln | ||||||||||
LA-HKN0091-000 |
W C BARNETT | C E BARHAM | 1/3/1944 | 32 | 603 | N-57803 | LA | Lincoln | ||||||||||
32 | 605 | N-57804 | ||||||||||||||||
LA-HKN0092-000 |
C R BRITT | C E BARHAM | 1/3/1944 | 32 | 605 | N-57804 | LA | Lincoln | ||||||||||
LA-HKN0093-000 |
PHIL MAY | C E BARHAM | 1/6/1944 | 33 | 89 | N-58102 | LA | Lincoln | ||||||||||
LA-HKN0094-000 |
JOSIE COLVIN ET AL | C E BARHAM | 2/28/1944 | 33 | 209 | N-58386 | LA | Lincoln | ||||||||||
LA-HKN0096-000 |
J B YOUNG | C E BARHAM | 2/27/1946 | 40 | N-67786 | LA | Lincoln | |||||||||||
LA-HKN0097-000 |
JESSE LOYD ET AL | C E BARHAM | 3/11/1946 | 40 | 153 | N-68107 | LA | Lincoln | ||||||||||
LA-HKN0101-001 |
JIM PETERSON | THE CALIFORNIA COMPANY | 1/13/1943 | 31 | 41 | N-53930 | LA | Lincoln | ||||||||||
LA-HKN0101-002 |
C E BARHAM ET AL | THE CALIFORNIA COMPANY | 10/24/1945 | 38 | 629 | N-65998 | LA | Lincoln | ||||||||||
LA-HKN0101-P03 |
HATTIE GIDDENS EWING ET AL | THE CALIFORNIA COMPANY | 12/19/1945 | 39 | 419 | N-67202 | LA | Lincoln | ||||||||||
LA-HKN0101-P04 |
JIM PETERSON | THE CALIFORNIA COMPANY | 6/22/1942 | 37 | 481 | N-64428 | LA | Lincoln | ||||||||||
LA-HKN0102-001 |
PAUL G BENEDUM | J LEE & JUANITA YOUNGBLOOD | 5/24/1944 | 36 | 275 | N-61474 | LA | Lincoln | ||||||||||
LA-HKN0102-002 |
NETTIE RICHARDSON SIMONTON GREEN | J LEE YOUNGBLOOD | 5/24/1944 | 34 | N-59934 | LA | Lincoln | |||||||||||
LA-HKN0102-003 |
MRS NORWOOD LYKES ET AL | THE CALIFORNIA COMPANY | 5/11/1946 | 40 | 337 | N-68727 | LA | Lincoln | ||||||||||
LA-HKN0106-001 |
E B TATUM | THE CALIFORNIA COMPANY | 1/11/1943 | 31 | 20 | N-53915 | LA | Lincoln | ||||||||||
31 | 16 | N-53914 | ||||||||||||||||
LA-HKN0108-001 |
W A COLVIN | THE CALIFORNIA COMPANY | 1/10/1943 | 31 | 16 | N-53914 | LA | Lincoln | ||||||||||
LA-HKN0115-000 |
MARY LEE BROUGHTON | J R BOZEMAN | 8/7/1945 | 38 | 75 | N-64932 | LA | Lincoln | ||||||||||
LA-HKN0116-001 |
DOROTHY D RITCHIE ET AL | COMSTOCK OIL & GAS - LOUISIANA, LLC | 7/13/2005 | 1179 | 224 | F66695 | LA | Lincoln | ||||||||||
LA-HKN0116-002 |
ALEX T HUNT JR ET AL | COMSTOCK OIL & GAS - LOUISIANA, LLC | 7/13/2005 | 1180 | 145 | F67119 | LA | Lincoln | ||||||||||
LA-HKN0116-003 |
ANN MARIE LASKEY KILPATRICK | COMSTOCK OIL & GAS - LOUISIANA, LLC | 7/13/2005 | 1179 | 226 | F66696 | LA | Lincoln | ||||||||||
LA-HKN0116-004 |
ANN LOUISE KILPATRICK LEATHERBURY | COMSTOCK OIL & GAS - LOUISIANA, LLC | 7/13/2005 | 1182 | 598 | F68418 | LA | Lincoln | ||||||||||
LA-HKN0116-005 |
ANTOINETTE BARKSDALE TERRY | COMSTOCK OIL & GAS - LOUISIANA, LLC | 7/13/2005 | 1179 | 228 | F66697 | LA | Lincoln | ||||||||||
LA-HKN0116-006 |
DOROTHY DELL BARKSDALE BUFFINGTON | COMSTOCK OIL & GAS - LOUISIANA, LLC | 7/13/2005 | 1182 | 596 | F68417 | LA | Lincoln | ||||||||||
LA-HKN0116-007 |
MARY HELEN BARKSDALE BRADFORD | COMSTOCK OIL & GAS - LOUISIANA, LLC | 7/13/2005 | 1179 | 230 | F66698 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||||
LA-HKN0116-008 |
VIRGINIA K RUSSELL | COMSTOCK OIL & GAS - LOUISIANA, LLC | 7/13/2005 | 1182 | 594 | F68416 | LA | Lincoln | ||||||||||||
LA-HKN0116-009 |
ELIZABETH K SEAVER | COMSTOCK OIL & GAS - LOUISIANA LLC | 6/19/2007 | 1226 | 592 | F86713 | LA | Lincoln | ||||||||||||
LA-HKN0117-000 |
ASA PROPERTIES LTD PARTNERSHIP ET AL | COMSTOCK OIL & GAS - LOUISIANA, LLC | 10/20/2005 | 1185 | 724 | F69784 | LA | Lincoln | ||||||||||||
LA-HKN0118-001 |
DECIE LEMORA MARSHALL | J LEE YOUNGBLOOD | 7/5/1944 | 36 | 39 | N-61101 | LA | Lincoln | ||||||||||||
LA-HKN0118-002 |
MAXINE WHITE | THE CALIFORNIA COMPANY | 12/23/1947 | 45 | 217 | N-78918 | LA | Lincoln | ||||||||||||
LA-HKN0118-003 |
FANNIE DUNN HAYES | THE CALIFORNIA COMPANY | 12/8/1947 | 45 | 218 | N-78919 | LA | Lincoln | ||||||||||||
LA-HKN0118-004 |
EDNA MASON | J LEE YOUNGBLOOD | 7/5/1944 | 35 | 335 | N-60605 | LA | Lincoln | ||||||||||||
LA-HKN0118-005 |
JIM MEZEAKE HUGHES ET AL | J LEE YOUNGBLOOD | 7/6/1944 | 35 | 187 | N-60433 | LA | Lincoln | ||||||||||||
LA-HKN0118-006 |
SAMUEL J DUNN | J LEE YOUNGBLOOD | 7/5/1944 | 35 | 311 | N-60839 | LA | Lincoln | ||||||||||||
LA-HKN0118-007 |
SAMANTHA DUNN WHITE ET AL | J LEE YOUNGBLOOD | 7/5/1944 | 35 | 363 | N-60653 | LA | Lincoln | ||||||||||||
LA-HKN0118-008 |
JESSE WILSON ET AL | J LEE YOUNGBLOOD | 7/5/1944 | 35 | 189 | N-60434 | LA | Lincoln | ||||||||||||
LA-HKN0121-001 |
FEDERAL INTERMEDIATE CREDIT BANK | SONAT EXPLORATION COMPANY | 12/14/1988 | 684 | 57 | E-30782 | LA | Lincoln | ||||||||||||
LA-HKN0133-000 |
LARRY J SIMONTON ET UX | COWGILL & ASSOCIATES LLC | 4/13/2002 | 1132 | 697 | 38537 | LA | Lincoln | ||||||||||||
LA-HKN0134-000 |
RUBY FRANKLIN SIMONTON | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1131 | 956 | 38223 | LA | Lincoln | ||||||||||||
LA-HKN0135-000 |
JOE D PAGE ET UX | COWGILL & ASSOCIATES LLC | 4/13/2002 | 1131 | 954 | 38222 | LA | Lincoln | ||||||||||||
LA-HKN0136-000 |
BENNY JOE SIMONTON ET UX | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1131 | 952 | 38221 | LA | Lincoln | ||||||||||||
LA-HKN0138-000 |
MARVIN E DAVIDSON ET UX | COWGILL & ASSOCIATES LLC | 4/4/2002 | 1131 | 929 | 38211 | LA | Lincoln | ||||||||||||
LA-HKN0139-000 |
ELIZABETH PILGREEN BROWN ET AL | COWGILL & ASSOCIATES LLC | 3/7/2002 | 1131 | 940 | 38215 | LA | Lincoln | ||||||||||||
LA-HKN0140-000 |
JOHN KEITH POLAND ET UX | COWGILL & ASSOCIATES LLC | 2/4/2002 | 1131 | 913 | 38204 | LA | Lincoln | ||||||||||||
LA-HKN0141-000 |
JAMES W NOBLES ET AL | COWGILL & ASSOCIATES LLC | 3/7/2002 | 1131 | 938 | 38214 | LA | Lincoln | ||||||||||||
LA-HKN0142-000 |
TAMMY MARIE SMITH HANSON | COWGILL & ASSOCIATES LLC | 2/4/2002 | 1131 | 920 | 38207 | LA | Lincoln | ||||||||||||
LA-HKN0143-000 |
MICHAEL PAIGE MURPHY ET UX | COWGILL & ASSOCIATES LLC | 2/17/2002 | 1131 | 924 | 38209 | LA | Lincoln | ||||||||||||
LA-HKN0144-000 |
MIKE ODELL SMITH | COWGILL & ASSOCIATES LLC | 2/5/2002 | 1131 | 922 | 38208 | LA | Lincoln | ||||||||||||
LA-HKN0146-001 |
STELLA MAE SIMONTON BOWIE | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1132 | 699 | 38538 | LA | Lincoln | ||||||||||||
LA-HKN0146-002 |
DORIS SIMONTON HAMMOCK | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1132 | 20 | 38281 | LA | Lincoln | ||||||||||||
LA-HKN0146-003 |
JIMMY LEE SIMONTON | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1132 | 16 | 38279 | LA | Lincoln | ||||||||||||
LA-HKN0146-004 |
EDDIE LEE SIMONTON | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1132 | 14 | 38278 | LA | Lincoln | ||||||||||||
LA-HKN0146-005 |
LUTHER SIMONTON JR ET AL | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1131 | 944 | 38217 | LA | Lincoln | ||||||||||||
LA-HKN0146-006 |
LUTHER L SIMONTON | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1132 | 18 | 38280 | LA | Lincoln | ||||||||||||
LA-HKN0146-007 |
K P SIMONTON | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1131 | 950 | 38220 | LA | Lincoln | ||||||||||||
LA-HKN0146-008 |
MARY ELLA EVANS CLEMONS | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1131 | 942 | 38216 | LA | Lincoln | ||||||||||||
LA-HKN0146-009 |
BENNY JOE SIMONTON ET AL | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1131 | 946 | 38218 | LA | Lincoln | ||||||||||||
LA-HKN0146-010 |
ETTA SIMONTON GANT | COWGILL & ASSOCIATES LLC | 3/25/2002 | 1131 | 948 | 38219 | LA | Lincoln | ||||||||||||
LA-HKN0147-001 |
S D HUFFMAN ET AL | COWGILL & ASSOCIATES LLC | 1/25/2002 | 1131 | 916 | 38205 | LA | Lincoln | ||||||||||||
LA-HKN0147-002 |
DENNIS R HUFFMAN | COWGILL & ASSOCIATES LLC | 1/25/2002 | 1131 | 918 | 38206 | LA | Lincoln | ||||||||||||
LA-MDF0001-001 |
O ESTON PAYNE ET UX | KCS RESOURCES INC | 5/16/2002 | 1134 | 371 | 39620 | LA | Lincoln | ||||||||||||
LA-MDF0001-002 |
JOHN LANE NORRIS | KCS RESOURCES INC | 8/27/2003 | 1150 | 580 | 50121 | LA | Lincoln | ||||||||||||
LA-MDF0002-000 |
JAMES E DAVISON ET UX | KCS RESOURCES INC | 5/16/2002 | 1143 | 347 | 45409 | LA | Lincoln | ||||||||||||
LA-MDF0003-000 |
HAYS HARDWICK COLVIN ET UX | KCS RESOURCES INC | 9/12/2002 | 1137 | 484 | 41750 | LA | Lincoln | ||||||||||||
LA-MDF0004-000 |
W D WILLIAMS | KCS RESOURCES INC | 9/10/2002 | 1137 | 491 | 41757 | LA | Lincoln | ||||||||||||
ROBERT L AND HELEN D ALEXANDER TRUST | ||||||||||||||||||||
LA-MDF0005-001 |
ROBERT L ALEXANDER TRUSTEE | KCS RESOURCES INC | 5/28/2003 | 1148 | 390 | 48722 | LA | Lincoln | ||||||||||||
LA-MDF0005-002 |
DORIS WARREN ALEXANDER | KCS RESOURCES INC | 5/28/2003 | 1148 | 384 | 48721 | LA | Lincoln | ||||||||||||
LA-MDF0006-000 |
BOBBY GENE BENNETT | KCS RESOURCES INC | 6/11/2003 | 1147 | 355 | 47978 | LA | Lincoln | ||||||||||||
LA-MDF0007-000 |
BOBBY GENE COLVIN ET UX | KCS RESOURCES INC | 5/26/2003 | 1145 | 626 | 46949 | LA | Lincoln | ||||||||||||
LA-MDF0008-000 |
MARY TUBBS ROBERSON ET AL | KCS RESOURCES INC | 6/11/2003 | 1147 | 370 | 47991 | LA | Lincoln | ||||||||||||
LA-MDF0009-001 |
SOUTHERN LAND & MINERALS II | KCS RESOURCES INC | 5/26/2003 | 1148 | 379 | 48716 | LA | Lincoln | ||||||||||||
LA-MDF0009-002 |
ROBERT J MCCORMICK ET UX | KCS RESOURCES INC | 5/26/2003 | 1148 | 374 | 48715 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
THE SUCCESSION OF BOBBY GENE CAMPBELL | ||||||||||||||||||
LA-MDF0010-000 |
SUSAN CAMPBELL TIDWELL EXECUTRIX | KCS RESOURCES INC | 8/12/2004 | 1165 | 221 | 59205 | LA | Lincoln | ||||||||||
LA-MDF0011-001 |
MICKEY WALLER JORDAN | KCS RESOURCES INC | 5/15/2002 | 1133 | 762 | 39277 | LA | Lincoln | ||||||||||
LA-MDF0011-002 |
BRUCE NORRIS WALLER | KCS RESOURCES INC | 5/15/2002 | 1133 | 524 | 39084 | LA | Lincoln | ||||||||||
LA-MDF0012-001 |
MAE STEPHENS NORRIS ET AL | KCS RESOURCES INC | 5/15/2002 | 1133 | 370 | 38945 | LA | Lincoln | ||||||||||
LA-MDF0012-P02 |
STEPHEN E NORRIS | KCS RESOURCES INC | 5/15/2002 | 1133 | 368 | 38944 | LA | Lincoln | ||||||||||
LA-MDF0013-001 |
MAXINE DAVIDSON BECKHAM | KCS RESOURCES INC | 5/16/2002 | 1133 | 759 | F39276 | LA | Lincoln | ||||||||||
LA-MDF0013-002 |
MADISON LANE BECKHAM | KCS RESOURCES INC | 5/16/2002 | 1133 | 372 | 38946 | LA | Lincoln | ||||||||||
LA-MDF0013-003 |
SAMMY DELOY DAVIDSON | KCS RESOURCES INC | 5/16/2002 | 1135 | 306 | 40304 | LA | Lincoln | ||||||||||
LA-MDF0014-000 |
RACHAEL LEWIS GAY ET AL | THOMAS A DURHAM | 7/9/1975 | 188 | 497 | 94319 | LA | Lincoln | ||||||||||
LA-MDF0015-000 |
RANDALL LEWIS | THOMAS A DURHAM | 7/9/1975 | 188 | 501 | 94320 | LA | Lincoln | ||||||||||
LA-MDF0016-001 |
JOSEPH MITCHELL SMITH ET AL | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 88 | 90229 | LA | Lincoln | ||||||||||
LA-MDF0016-002 |
FLORENCE CARROLL SMITH ET AL | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 89 | 90230 | LA | Lincoln | ||||||||||
LA-MDF0016-003 |
PRISCILLA PEARMAN SMITH ET AL | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 92 | 90231 | LA | Lincoln | ||||||||||
LA-MDF0016-004 |
MARTHA JANE SMITH BELL | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 95 | 90232 | LA | Lincoln | ||||||||||
LA-MDF0017-000 |
JOE BURNS HAMILTON ET AL | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 98 | 90233 | LA | Lincoln | ||||||||||
LA-MDF0018-001 |
ROBERT W JENSEN | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 102 | 90234 | LA | Lincoln | ||||||||||
LA-MDF0018-002 |
PAMELA LEWIS BROWN | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 105 | 90235 | LA | Lincoln | ||||||||||
LA-MDF0019-001 |
MYRTLE M MCGEE ET AL | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 111 | 90237 | LA | Lincoln | ||||||||||
LA-MDF0020-000 |
HOWARD GENE BARNETT ET UX | HUNTER ENERGY CORPORATION | 5/9/1997 | 992 | 108 | 90236 | LA | Lincoln | ||||||||||
LA-MDF0022-000 |
T L JAMES & CO INC | FRANKS PETROLEUM INC. | 8/11/1986 | 589 | 134 | LA | Lincoln | |||||||||||
LA-RTN0006-000 |
CHRISTINE WILTCHER MARTIN ET AL | STRAT LAND EXPL CO | 6/2/1997 | 1000 | 311 | 92029 | LA | Lincoln | ||||||||||
LA-RTN0008-000 |
LOYD P WALKER ET UX | STRAT LAND EXPL CO | 5/23/1997 | 1000 | 313 | 92030 | LA | Lincoln | ||||||||||
1000 | 315 | 092031 | ||||||||||||||||
LA-RTN0009-001 |
JAMES H KILGORE ET UX | STRAT LAND EXPL CO | 5/29/1997 | 1000 | 315 | 092031 | LA | Lincoln | ||||||||||
LA-RTN0010-001 |
DIXIE MARIE SYLVESTER BUNTON | STRAT LAND EXPL CO | 5/12/1997 | 1002 | 288 | 92464 | LA | Lincoln | ||||||||||
LA-RTN0010-002 |
PATRICIA LOUISE SYLVESTER WOODS | STRAT LAND EXPL CO | 5/12/1997 | 100 | 323 | 92034 | LA | Lincoln | ||||||||||
LA-RTN0010-003 |
ROBERT DIXON SYLVESTER | STRAT LAND EXPL CO | 5/12/1997 | 1000 | 325 | 92035 | LA | Lincoln | ||||||||||
LA-RTN0010-004 |
WILLIE JUDITH SYLVESTER | STRAT LAND EXPL CO | 5/12/1997 | 1000 | 327 | 92036 | LA | Lincoln | ||||||||||
LA-RTN0010-005 |
STEPHANIE RENEE DIXON | STRAT LAND EXPL CO | 5/12/1997 | 1000 | 329 | 92037 | LA | Lincoln | ||||||||||
LA-RTN0010-006 |
SHERIDAN KATE SYLVESTER | STRAT LAND EXPL CO | 5/12/1997 | 1000 | 331 | 92038 | LA | Lincoln | ||||||||||
LA-RTN0010-007 |
MYRTLE JANE DELANEY DIXON | STRAT LAND EXPL CO | 5/12/1997 | 1000 | 335 | 92040 | LA | Lincoln | ||||||||||
LA-RTN0010-008 |
HAROLD MERRITT DIXON | STRAT LAND EXPL CO | 5/12/1997 | 1000 | 337 | 92041 | LA | Lincoln | ||||||||||
LA-RTN0010-009 |
OTIS EARL DIXON | STRAT LAND EXPL CO | 5/12/1997 | 1000 | 321 | 92033 | LA | Lincoln | ||||||||||
LA-RTN0010-010 |
JAMES LAMAR GOODWIN JR | STRAT LAND EXPL CO | 5/12/1997 | 1000 | 333 | 92039 | LA | Lincoln | ||||||||||
LA-RTN0011-001 |
BOBBY GEORGE MCCULLIN | STRAT LAND EXPL CO | 9/17/1997 | 1002 | 290 | 92465 | LA | Lincoln | ||||||||||
LA-RTN0011-002 |
CONNIE ARMSTRONG WATTS | STRAT LAND EXPL CO | 9/17/1997 | 1002 | 292 | 92466 | LA | Lincoln | ||||||||||
LA-RTN0012-000 |
JAMES H KILGORE ET AL | STRAT LAND EXPL CO | 5/29/1997 | 1000 | 318 | 92032 | LA | Lincoln | ||||||||||
LA-RTN0013-000 |
WALTER CARROLL BURTON | STRAT LAND EXPL CO | 7/10/1997 | 1000 | 350 | 92044 | LA | Lincoln | ||||||||||
RUBY SELPH STURGIS TRUST | 1000 | 344 | 092043 | |||||||||||||||
LA-RTN0014-001 |
LEON HELMS TRUSTEE | STRAT LAND EXPL CO | 8/21/1997 | 1000 | 344 | 092043 | LA | Lincoln | ||||||||||
STURGIS NIX LUMBER COMPANY | ||||||||||||||||||
W H STURGIS | ||||||||||||||||||
PAULINE H STURGIS | ||||||||||||||||||
WILLIAM G NIX | ||||||||||||||||||
JOHN R STURGIS JR IND & TRUSTEE | 1000 | 339 | 092042 | |||||||||||||||
LA-RTN0014-002 |
JOHN R STURGIS TRUST | STRAT LAND EXPL CO | 3/24/1997 | 1000 | 339 | 092042 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
WILLIAM GARY NIX AND THERESE HAFFEY NIX | ||||||||||||||||||
HUSBAND AND WIFE INDIVIDUALLY AS | ||||||||||||||||||
REPRESENTATIVES OF STURGIS-NIX LUMBER | ||||||||||||||||||
LA-RTN0014-003 |
COMPANY LP AND MANAGING PARTNERS OF NIX AND COMPANY LLC | WILDHORSE RESOURCES LLC | 11/4/2010 | 1297 | 195 | F116583 | LA | Lincoln | ||||||||||
THE RUBY SELPH STURGIS TRUST FBO RICHARD | ||||||||||||||||||
STURGIS ET AL | ||||||||||||||||||
THE RUBY SELPH STURGIS TRUST FBO THOMAS | ||||||||||||||||||
CHRISTOPHER CHILDS | ||||||||||||||||||
THE RUBY SELPH STURGIS TRUST FBO JOHN JASON | ||||||||||||||||||
CHILDS AND | ||||||||||||||||||
THE RUBY SELPH STURGIS TRUST FBO JOHN M. | ||||||||||||||||||
STURGIS | ||||||||||||||||||
ALL REPRESENTED BY JOSEPH J COLLIER AS VICE | ||||||||||||||||||
LA-RTN0014-004 |
PRESIDENT FOR THE REGIONS BANK AS TRUSTEE | WILDHORSE RESOURCES LLC | 3/21/2011 | 1299 | 516 | F117537 | LA | Lincoln | ||||||||||
JOHN R STURGIS INDIVIDUALLY AND AS TRUSTEE OF | ||||||||||||||||||
THE TRUST A AND TRUST B CREATED UNDER THE | ||||||||||||||||||
TERMS OF THE LAST WILL AND TESTAMENT OF JOHN P | ||||||||||||||||||
LA-RTN0014-005 |
STURGIS | WILDHORSE RESOURCES LLC | 10/12/2010 | 1297 | 190 | F116582 | LA | Lincoln | ||||||||||
LA-RTN0015-000 |
CLAUDIA M PHILLIPS LYLES | STRAT LAND EXPL CO | 5/1/1998 | 1026 | 102 | 4901 | LA | Lincoln | ||||||||||
1000 | 306 | 092027 | ||||||||||||||||
LA-RTN0016-001 |
PATRICIA ANN GOODWIN | STRAT LAND EXPL CO | 3/12/1997 | 1000 | 306 | 092027 | LA | Lincoln | ||||||||||
1000 | 302 | 092025 | ||||||||||||||||
LA-RTN0016-002 |
WILLIAM L GOODWIN ET UX | STRAT LAND EXPL CO | 3/10/1997 | 1000 | 302 | 092025 | LA | Lincoln | ||||||||||
1000 | 304 | 092026 | ||||||||||||||||
LA-RTN0016-003 |
JEANNIE GOODWIN SHER | STRAT LAND EXPL CO | 3/12/1997 | 1000 | 304 | 092026 | LA | Lincoln | ||||||||||
1000 | 300 | 092024 | ||||||||||||||||
LA-RTN0017-001 |
GLADYS DELONY KASPAR | STRAT LAND EXPL0 CO | 3/3/1997 | 1000 | 300 | 092024 | LA | Lincoln | ||||||||||
LA-RTN0017-002 |
WILBUR P ROUGELOT ET UX | STRAT LAND EXPL CO | 4/1/1997 | 1000 | 308 | 92028 | LA | Lincoln | ||||||||||
LA-RTN0017-003 |
ENTERGY LOUISIANA INC | STRAT LAND EXPL CO | 4/21/1997 | 1006 | 339 | 588 | LA | Lincoln | ||||||||||
LA-RTN0033-000 |
JIMMIE CORNEL BRASHER ET UX | CLAYTON WILLIAMS ENERGY INC | 9/22/2009 | 1277 | 694 | F107492 | LA | Lincoln | ||||||||||
1000 | 279 | 092017 | ||||||||||||||||
LA-RTN0067-001 |
EUGENIA HALLEY SMITH TESTAMENTARY TRUST | STRAT LAND EXPL CO | 2/20/1997 | 1000 | 279 | 092017 | LA | Lincoln | ||||||||||
1000 | 294 | 092022 | ||||||||||||||||
LA-RTN0067-002 |
ALICE HESTER PERRY | STRAT LAND EXPL CO | 2/20/1997 | 1000 | 294 | 092022 | LA | Lincoln | ||||||||||
1000 | 288 | 092020 | ||||||||||||||||
LA-RTN0067-003 |
M WICKLIFF LAURENCE | STRAT LAND EXPL CO | 2/20/1997 | 1000 | 288 | 092020 | LA | Lincoln | ||||||||||
1000 | 282 | 092018 | ||||||||||||||||
LA-RTN0067-004 |
GEORGE M STRICKLER JR | STRAT LAND EXPL CO | 2/20/1997 | 1000 | 282 | 092018 | LA | Lincoln | ||||||||||
1000 | 297 | 092023 | ||||||||||||||||
LA-RTN0067-005 |
VIRGINIA RUTH BALLARD HAMMONS | STRAT LAND EXPL CO | 2/20/1997 | 1000 | 297 | 092023 | LA | Lincoln | ||||||||||
1000 | 285 | 092019 | ||||||||||||||||
LA-RTN0067-006 |
JAMES FRANKLIN BALLARD | STRAT LAND EXPL CO | 2/20/1997 | 1000 | 285 | 092019 | LA | Lincoln | ||||||||||
1000 | 291 | 092021 | ||||||||||||||||
LA-RTN0067-007 |
DOROTHY CLAIRE BELL | STRAT LAND EXPL CO | 2/20/1997 | 1000 | 291 | 092021 | LA | Lincoln | ||||||||||
LA-RTN0082-001 |
ELAINE M CAUSEY A/K/A ELAINE M. MCVEY | CLARK ENERGY COMPANY INC | 8/25/1993 | 861 | 272 | E-64192 | LA | Lincoln | ||||||||||
LA-RTN0082-002 |
TOM S SALE III A/K/A THOMAS SANDERSON SALE | MEDALLION PRODUCTION COMPANY | 2/7/1994 | 870 | 218 | E-65745 | LA | Lincoln | ||||||||||
LA-RTN0083-001 |
ALONZO CURTIS DAVID | CLARK ENERGY COMPANY INC | 9/29/1993 | 861 | 301 | E-64799 | LA | Lincoln | ||||||||||
LA-RTN0083-002 |
PAUL PATRICK DAVID | CLARK ENERGY COMPANY INC | 10/1/1993 | 861 | 305 | E-64200 | LA | Lincoln | ||||||||||
LA-RTN0083-003 |
FLORENCE PAYER DAVID | CLARK ENERGY COMPANY INC | 10/1/1993 | 861 | 325 | E-64205 | LA | Lincoln | ||||||||||
LA-RTN0083-004 |
LOTHA DAVID STUBY | CLARK ENERGY COMPANY INC | 9/29/1993 | 861 | 329 | E-64206 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0083-005 |
FLORA DAVID | CLARK ENERGY COMPANY INC | 11/2/1993 | 861 | 337 | E-64208 | LA | Lincoln | ||||||||||
LA-RTN0083-006 |
DIXIE ANN WHITE | CLARK ENERGY COMPANY INC | 11/2/1993 | 861 | 341 | E-64209 | LA | Lincoln | ||||||||||
LA-RTN0083-007 |
THELMA DAVID | CLARK ENERGY COMPANY INC | 11/18/1993 | 861 | 345 | E-64210 | LA | Lincoln | ||||||||||
LA-RTN0083-008 |
DOROTHY JEAN HOLT | CLARK ENERGY COMPANY INC | 11/1/1993 | 862 | 88 | E-64229 | LA | Lincoln | ||||||||||
LA-RTN0083-009 |
DR LOUIS STRONG ROCKETT | CLARK ENERGY COMPANY INC | 12/17/1993 | 868 | 236 | E-65384 | LA | Lincoln | ||||||||||
LA-RTN0083-010 |
ROSS L ROCKETT ET AL | CLARK ENERGY COMPANY INC | 2/3/1994 | 874 | 145 | E-66482 | LA | Lincoln | ||||||||||
LA-RTN0083-011 |
JAMES W SPEARS JR ET AL | CLARK ENERGY COMPANY INC | 11/24/1993 | 868 | 217 | E-65380 | LA | Lincoln | ||||||||||
862 | 92 | E64230 | ||||||||||||||||
LA-RTN0083-012 |
JAMES W SPEARS ET AL | CLARK ENERGY COMPANY INC | 11/19/1993 | LA | Lincoln | |||||||||||||
LA-RTN0084-001 |
ISAAC T BRASSEAL ET UX | CLARK ENERGY COMPANY INC | 10/8/1993 | 861 | 313 | E-64202 | LA | Lincoln | ||||||||||
LA-RTN0085-001 |
EDWIN CORDELL ORR ET UX | CLARK ENERGY COMPANY INC | 10/12/1993 | 861 | 309 | E-64201 | LA | Lincoln | ||||||||||
LA-RTN0086-001 |
RICHARD WAYNE CALDWELL ET UX | CLARK ENERGY COMPANY INC | 10/29/1993 | 861 | 333 | E-64207 | LA | Lincoln | ||||||||||
LA-RTN0087-001 |
PAUL EDWARD SPEARS ET UX | CLARK ENERGY COMPANY INC | 12/3/1993 | 862 | 76 | E-64226 | LA | Lincoln | ||||||||||
LA-RTN0088-001 |
JACK CLARK MCCURDY II | CLARK ENERGY COMPANY INC | 12/10/1993 | 862 | 80 | E-64227 | LA | Lincoln | ||||||||||
LA-RTN0090-001 |
RAYMOND LEON EDWARDS ET UX | CLARK ENERGY COMPANY INC | 12/20/1993 | 868 | 245 | E-65386 | LA | Lincoln | ||||||||||
LA-RTN0091-001 |
WILLIAM C WARD ET UX | CLARK ENERGY COMPANY INC | 12/22/1993 | 868 | 249 | E-65387 | LA | Lincoln | ||||||||||
LA-RTN0092-001 |
KELLEY GILE PECANTY ET UX | CLARK ENERGY COMPANY INC | 1/18/1994 | 868 | 195 | E-65376 | LA | Lincoln | ||||||||||
LA-RTN0093-001 |
RONALD ALAN SMITH ET UX | CLARK ENERGY COMPANY INC | 1/24/1994 | 868 | 240 | 65385 | LA | Lincoln | ||||||||||
LA-RTN0094-001 |
BERNARD A GEMELLI JR ET UX | CLARK ENERGY COMPANY INC | 6/9/1994 | 885 | 343 | E-68394 | LA | Lincoln | ||||||||||
LA-RTN0095-001 |
H STUART GREEN JR | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 1 | E-64211 | LA | Lincoln | ||||||||||
LA-RTN0095-002 |
ROGER C DIXON | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 6 | E-64212 | LA | Lincoln | ||||||||||
LA-RTN0095-003 |
HENRY B GREEN | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 11 | E-64213 | LA | Lincoln | ||||||||||
LA-RTN0095-004 |
ANN B NOBLE | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 16 | E-64214 | LA | Lincoln | ||||||||||
LA-RTN0095-005 |
KIRK BROWNING | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 21 | E-64215 | LA | Lincoln | ||||||||||
ANN SCOTT DIXON | ||||||||||||||||||
LA-RTN0095-006 |
REPRESENTED ROGER C DIXON CURATOR | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 26 | E-64216 | LA | Lincoln | ||||||||||
LA-RTN0095-007 |
WILLIAM H BROWNING II | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 31 | E-64217 | LA | Lincoln | ||||||||||
LA-RTN0095-008 |
ALFRED E THURBER JR | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 36 | E-64218 | LA | Lincoln | ||||||||||
LA-RTN0095-009 |
JOSEPHINE B PIERCE | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 41 | E-64219 | LA | Lincoln | ||||||||||
LA-RTN0095-010 |
KATHERINE M BROWNING | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 46 | E-64220 | LA | Lincoln | ||||||||||
LA-RTN0095-011 |
THERESE BROWNING HOLMES | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 51 | E-64221 | LA | Lincoln | ||||||||||
LA-RTN0095-012 |
KATHERINE T OBOYLE | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 56 | E-64222 | LA | Lincoln | ||||||||||
LA-RTN0095-013 |
THOMAS W KENSLER | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 61 | E-64223 | LA | Lincoln | ||||||||||
MARJORIE B DICKINSON ESTATE | ||||||||||||||||||
LA-RTN0095-014 |
GEORGE S DICKINSON JR EXECUTOR | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 66 | E-64224 | LA | Lincoln | ||||||||||
LA-RTN0095-015 |
NATALIE S HIGGS | CLARK ENERGY COMPANY INC | 11/3/1993 | 862 | 71 | E-64225 | LA | Lincoln | ||||||||||
NANCY G PARKER ESTATE | ||||||||||||||||||
LA-RTN0095-016 |
T ANTHONY BROOKS EXECUTOR | CLARK ENERGY COMPANY INC | 11/3/1993 | 868 | 253 | E-65388 | LA | Lincoln | ||||||||||
MARY T MENTZ TRUST | ||||||||||||||||||
LA-RTN0095-017 |
TRACY T GROSS AS SUCCESSOR TRUSTEE | CLARK ENERGY COMPANY INC | 11/3/1993 | 868 | 199 | E-65377 | LA | Lincoln | ||||||||||
LA-RTN0095-018 |
SLOANE C WULF | CLARK ENERGY COMPANY INC | 11/3/1993 | 868 | 204 | E-65378 | LA | Lincoln | ||||||||||
LA-RTN0095-019 |
GRANT D SMALL | CLARK ENERGY COMPANY INC | 11/3/1993 | 874 | 151 | E-66484 | LA | Lincoln | ||||||||||
LA-RTN0095-020 |
GEORGE K CAMPBELL JR | MEDALLION PRODUCTION COMPANY | 3/27/1995 | 921 | 144 | E-74517 | LA | Lincoln | ||||||||||
LA-RTN0095-021 |
ELIZABETH CAMPBELL PETERSON | MEDALLION PRODUCTION COMPANY | 3/27/1995 | 921 | 139 | E-74516 | LA | Lincoln | ||||||||||
862 | 96 | E-64231 | ||||||||||||||||
LA-RTN0096-000 |
TOMMIE GRAY COLVIN ET AL | CLARK ENERGY COMPANY INC | 12/9/1993 | 862 | 101 | E-64232 | LA | Lincoln | ||||||||||
868 | 179 | E-65371 | ||||||||||||||||
879 | 252 | E-67290 | ||||||||||||||||
LA-RTN0097-001 |
ROBERTA GREEN HINTON ET AL | CLARK ENERGY COMPANY INC | 11/22/1993 | 868 | 184 | E-65373 | LA | Lincoln | ||||||||||
LA-RTN0098-001 |
ROSEMARY LORIA FICKLIN | CLARK ENERGY COMPANY INC | 1/4/1994 | 868 | 258 | E-65389 | LA | Lincoln | ||||||||||
LA-RTN0098-002 |
JOSEPH D LORIA | CLARK ENERGY COMPANY INC | 1/4/1994 | 868 | 231 | E-65383 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0099-000 |
DEWEY JADELL STEWART ET UX | CLARK ENERGY COMPANY INC | 12/30/1993 | 868 | 263 | E-65390 | LA | Lincoln | ||||||||||
LA-RTN0100-001 |
VERA ALEXANDER GUNSAULLUS | CLARK ENERGY COMPANY INC | 2/1/1994 | 868 | 209 | E-65410 | LA | Lincoln | ||||||||||
LA-RTN0100-002 |
MARGUERITE ALEXANDER BOOTH | CLARK ENERGY COMPANY INC | 1/19/1994 | 868 | 213 | E-65379 | LA | Lincoln | ||||||||||
LA-RTN0100-003 |
MARTHA LEIGH AYO | CLARK ENERGY COMPANY INC | 2/2/1994 | 868 | 185 | E-65374 | LA | Lincoln | ||||||||||
870 | 209 | E-65744 | ||||||||||||||||
LA-RTN0101-000 |
TOM S SALE III ET AL | MEDALLION PRODUCTION COMPANY | 2/7/1994 | 874 | 179 | E-66483 | LA | Lincoln | ||||||||||
LA-RTN0102-000 |
THOMAS H COLVIN ET UX | CLARK ENERGY COMPANY INC | 12/7/1993 | 878 | 36 | E-67124 | LA | Lincoln | ||||||||||
906 | 274 | E-71888 | ||||||||||||||||
LA-RTN0103-000 |
GLADYS S RHYMES MCKEE ET AL | MEDALLION PRODUCTION COMPANY | 12/9/1994 | 906 | 278 | E-71889 | LA | Lincoln | ||||||||||
LA-RTN0104-001 |
THEREESE SPINKS DAVIDSON ET AL | J S WISE | 11/17/1943 | 32 | 354 | N-57315 | LA | Lincoln | ||||||||||
LA-RTN0105-000 |
PETER JOSEPH HANLON ET UX | KCS MEDALLION RESOURCES INC | 7/21/1997 | 1004 | 43 | LA | Lincoln | |||||||||||
LA-RTN0106-000 |
CECIL SMITH ET UX | CLARK ENERGY COMPANY INC | 8/23/1993 | 861 | 267 | E-64191 | LA | Lincoln | ||||||||||
LA-RTN0107-000 |
KENT ANDERSON ET UX | CLARK ENERGY COMPANY INC | 9/14/1993 | 861 | 277 | E-64193 | LA | Lincoln | ||||||||||
LA-RTN0108-000 |
MATTIE SUE SIMMONS LARANCE ET AL | CLARK ENERGY COMPANY INC | 9/13/1993 | 861 | 281 | E-64194 | LA | Lincoln | ||||||||||
LA-RTN0109-001 |
ADDISON W THOMPSON ET UX | CLARK ENERGY COMPANY INC | 9/15/1993 | 861 | 285 | E-64195 | LA | Lincoln | ||||||||||
LA-RTN0109-002 |
LARKIN BREED ET UX | CLARK ENERGY COMPANY INC | 9/15/1993 | 861 | 289 | E-64196 | LA | Lincoln | ||||||||||
LA-RTN0109-003 |
ROSEMARY BREED WYSS | CLARK ENERGY COMPANY INC | 9/15/1993 | 861 | 317 | E-64203 | LA | Lincoln | ||||||||||
LA-RTN0109-004 |
LLEWELLYN BREED WHITE | CLARK ENERGY COMPANY INC | 9/15/1993 | 861 | 321 | E-64204 | LA | Lincoln | ||||||||||
LA-RTN0110-000 |
EVELYN DAVIDSON TANNEHILL | CLARK ENERGY COMPANY INC | 9/1/1993 | 861 | 293 | E-64197 | LA | Lincoln | ||||||||||
LA-RTN0111-001 |
DELLA ANN RABB GRAFTON ET VIR | CLARK ENERGY COMPANY INC | 9/23/1993 | 861 | 297 | E-64198 | LA | Lincoln | ||||||||||
LA-RTN0111-002 |
FLORENCE PERRITT RABB FEAZEL | CLARK ENERGY COMPANY INC | 1/19/1994 | 868 | 221 | E-65381 | LA | Lincoln | ||||||||||
LA-RTN0111-003 |
MICHAEL PERRITT RABB | CLARK ENERGY COMPANY INC | 1/19/1994 | 868 | 226 | E-65382 | LA | Lincoln | ||||||||||
LA-RTN0111-004 |
LARRY NEWBLOCK RABB | CLARK ENERGY COMPANY INC | 1/19/1994 | 868 | 190 | E-65375 | LA | Lincoln | ||||||||||
JOHN BROOKS HARRIS TESTAMENTARY TRUST FOR | ||||||||||||||||||
MARY ELIZABETH HARRIS SUTTON | ||||||||||||||||||
CAROL FRANCIS HARRIS HUDSON | ||||||||||||||||||
JOHN BROOKS HARRIS JR | ||||||||||||||||||
THE TRUST COMPANY OF LOUISIANA AS SUCCESSOR | ||||||||||||||||||
LA-RTN0112-001 |
TRUSTEE | CLARK ENERGY COMPANY INC | 1/24/1994 | 879 | 281 | E-67298 | LA | Lincoln | ||||||||||
LA-RTN0112-002 |
MARY ELIZABETH HARRIS SUTTON | CLARK ENERGY COMPANY INC | 2/18/1994 | 879 | 285 | E-67299 | LA | Lincoln | ||||||||||
LA-RTN0113-001 |
PEGGY JOE TERRILL HULL | CLARK ENERGY COMPANY INC | 4/11/1994 | 879 | 314 | E-67306 | LA | Lincoln | ||||||||||
LA-RTN0113-002 |
CAROLYN A TERRILL BOND | CLARK ENERGY COMPANY INC | 4/11/1994 | 879 | 319 | E-67307 | LA | Lincoln | ||||||||||
LA-RTN0113-003 |
AMANDA CHRISTINE SLATON TEAGUE | CLARK ENERGY COMPANY INC | 4/11/1994 | 879 | 324 | E-67308 | LA | Lincoln | ||||||||||
LA-RTN0113-004 |
PHYLLIS MCCARY BEACOM | CLARK ENERGY COMPANY INC | 5/10/1994 | 891 | 227 | E-69451 | LA | Lincoln | ||||||||||
LA-RTN0113-005 |
PHILLIP H MCCARY III | CLARK ENERGY COMPANY INC | 5/10/1994 | 891 | 231 | E-69452 | LA | Lincoln | ||||||||||
LA-RTN0113-006 |
LINDA KATHERINE TERRILL WHITE GAY | CLARK ENERGY COMPANY INC | 4/11/1994 | 891 | 235 | E-69453 | LA | Lincoln | ||||||||||
LA-RTN0113-007 |
JAMES CALVIN SLATON | CLARK ENERGY COMPANY INC | 4/11/1994 | 891 | 240 | E-69454 | LA | Lincoln | ||||||||||
LA-RTN0113-008 |
ANTOINETTE BARKSDALE TERRY | CLARK ENERGY COMPANY INC | 5/18/1994 | 891 | 202 | E-69445 | LA | Lincoln | ||||||||||
ALVERNE DAVIS HUNT INDIVIDUALLY & AS | ||||||||||||||||||
USUFRUCTUARY OF MINERAL SERVITUDE | ||||||||||||||||||
LA-RTN0113-009 |
REPRESENTED HEREIN BY HOWARD W WRIGHT JR | CLARK ENERGY COMPANY INC | 11/25/1994 | 905 | 24 | E-71643 | LA | Lincoln | ||||||||||
LA-RTN0113-010 |
MARY HELEN BARKSDALE BRADFORD | CLARK ENERGY COMPANY INC | 5/18/1994 | 897 | 191 | E-70470 | LA | Lincoln | ||||||||||
LA-RTN0113-011 |
BILLY E LEACHMAN ET UX | CLARK ENERGY COMPANY INC | 9/9/1994 | 897 | 212 | E-70476 | LA | Lincoln | ||||||||||
LA-RTN0113-012 |
ADELAIDE NEWCOMB RIDGEWAY | CLARK ENERGY COMPANY INC | 10/6/1994 | 897 | 217 | E-70477 | LA | Lincoln | ||||||||||
LA-RTN0113-013 |
DOROTHY DELL BARKSDALE BUFFINGTON | CLARK ENERGY COMPANY INC | 5/18/1994 | 897 | 222 | E-70478 | LA | Lincoln | ||||||||||
LA-RTN0113-014 |
HELEN DAVIS BARKSDALE | CLARK ENERGY COMPANY INC | 5/18/1994 | 897 | 227 | E-70479 | LA | Lincoln | ||||||||||
GLENN EUGENE LASKEY GRANDCHILDRENS CLASS | ||||||||||||||||||
LA-RTN0113-015 |
TRUST REPRESENTED BY H CECIL KILPATRICK TRUSTEE | CLARK ENERGY COMPANY INC | 11/25/1994 | 905 | 34 | E-71644 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0113-016 |
ANNE MARIE LASKEY KILPATRICK ET AL | CLARK ENERGY COMPANY INC | 11/25/1994 | 905 | 44 | E-71645 | LA | Lincoln | ||||||||||
891 | 207 | E-69446 | ||||||||||||||||
LA-RTN0114-001 |
ELAINE MEEKS CAUSEY | CLARK ENERGY COMPANY INC | 7/1/1994 | 891 | 207 | E-69446 | LA | Lincoln | ||||||||||
LA-RTN0114-002 |
JAMES BUFORD GOSS | CLARK ENERGY COMPANY INC | 7/22/1994 | 891 | 211 | E-69447 | LA | Lincoln | ||||||||||
LA-RTN0114-003 |
LUCRETIA BOLT JESTER | CLARK ENERGY COMPANY INC | 7/14/1994 | 891 | 215 | E-69448 | LA | Lincoln | ||||||||||
891 | 219 | E-69449 | ||||||||||||||||
897 | 198 | E-70472 | ||||||||||||||||
898 | 127 | E-70579 | ||||||||||||||||
LA-RTN0114-004 |
ETTA MAE THOMPSON ET AL | CLARK ENERGY COMPANY INC | 7/19/1994 | 897 | 196 | E-70471 | LA | Lincoln | ||||||||||
LA-RTN0114-007 |
NETTIE ELIZABETH RISINGER BLACKWELDER | CLARK ENERGY COMPANY INC | 8/12/1994 | 897 | 200 | E-70473 | LA | Lincoln | ||||||||||
LA-RTN0114-008 |
JOHN BAXTER RISINGER | CLARK ENERGY COMPANY INC | 8/12/1994 | 897 | 182 | E-70468 | LA | Lincoln | ||||||||||
MOUNT HARMONY MISSIONARY BAPTIST CHURCH INC | ||||||||||||||||||
LA-RTN0115-000 |
REPRESENTED BY SYLVESTER LEWIS | CLARK ENERGY COMPANY INC | 10/21/1994 | 897 | 232 | E-70480 | LA | Lincoln | ||||||||||
LA-RTN0116-001 |
WILLIAM KING MCELVANEY ET UX | CLARK ENERGY COMPANY INC | 2/24/1994 | 879 | 289 | E-67300 | LA | Lincoln | ||||||||||
LA-RTN0116-002 |
CHLOTIELDE LUCILLE WACTOR RINEHART | CLARK ENERGY COMPANY INC | 3/3/1994 | 879 | 293 | E-67301 | LA | Lincoln | ||||||||||
LA-RTN0116-003 |
MARTHA RINEHART MCGEE | CLARK ENERGY COMPANY INC | 3/3/1994 | 879 | 297 | E-67302 | LA | Lincoln | ||||||||||
POLLY RINEHART MEISNER | ||||||||||||||||||
LA-RTN0116-004 |
A/K/A MARGIE REBECCA RINEHART MEISNER | CLARK ENERGY COMPANY INC | 3/3/1994 | 879 | 301 | E-67303 | LA | Lincoln | ||||||||||
LA-RTN0116-005 |
MAURINE RINEHART BUCHANAN | CLARK ENERGY COMPANY INC | 3/3/1994 | 879 | 305 | E-67304 | LA | Lincoln | ||||||||||
REL L GRAY ET UX | ||||||||||||||||||
LA-RTN0116-006 |
JOANNA WILKINSON GRAY | CLARK ENERGY COMPANY INC | 3/11/1994 | 879 | 309 | E-67305 | LA | Lincoln | ||||||||||
LA-RTN0116-007 |
JOSEPH MITCHELL SMITH ET UX | CLARK ENERGY COMPANY INC | 5/10/1994 | 897 | 186 | E-70469 | LA | Lincoln | ||||||||||
LA-RTN0117-000 |
DHU THOMPSON ET AL | SOUTHWEST NATURAL GAS COMPANY | 4/13/1948 | 46 | 121 | LA | Lincoln | |||||||||||
LA-RTN0118-001 |
KENNETH A MILLER ET AL | CLARK ENERGY COMPANY INC | 7/7/1994 | 891 | 223 | E-69450 | LA | Lincoln | ||||||||||
LA-RTN0118-002 |
HOWARD N SANDERS | CLARK ENERGY COMPANY INC | 7/7/1994 | 897 | 204 | E-70474 | LA | Lincoln | ||||||||||
LA-RTN0118-003 |
ALBERT L SANDERS | CLARK ENERGY COMPANY INC | 7/7/1994 | 897 | 208 | E-70475 | LA | Lincoln | ||||||||||
LA-RTN0118-004 |
JOE ALBERT BEDFORD | CLARK ENERGY COMPANY INC | 8/24/1994 | 897 | 178 | E-70467 | LA | Lincoln | ||||||||||
SOUTHWEST NATURAL PRODUCTION | ||||||||||||||||||
LA-RTN0119-000 |
E J LINER | COMPANY | 6/28/1948 | N-82462 | LA | Lincoln | ||||||||||||
LA-RTN0120-000 |
E W CAUSEY | SOUTHWEST NATURAL GAS COMPANY | 9/3/1946 | 41 | 459 | N-71031 | LA | Lincoln | ||||||||||
LA-RTN0121-000 |
CLEM WRIGHT | SOUTHWEST NATURAL GAS COMPANY | 9/12/1946 | 41 | 513 | N-71168 | LA | Lincoln | ||||||||||
LA-RTN0122-000 |
J A CLEATON | H R SCIVALLY | 4/29/1948 | 47 | 55 | N-82014 | LA | Lincoln | ||||||||||
SOUTHWEST NATURAL PRODUCTION | ||||||||||||||||||
LA-RTN0123-000 |
ALBERT SANDERS ET AL | COMPANY | 8/17/1948 | 47 | 465 | LA | Lincoln | |||||||||||
1180 | 651 | F67473 | ||||||||||||||||
LA-RTN0130-001 |
LARRY N RABB ET UX | KCS RESOURCES INC | 7/1/2005 | 1180 | 651 | F67473 | LA | Lincoln | ||||||||||
LA-RTN0131-001 |
SHARON K SINGER | FRANKS PETROLEUM INC | 5/4/1978 | 231 | 150 | LA | Lincoln | |||||||||||
LA-RTN0131-002 |
GERTRUDE ELAINE KURYLLO | FRANKS PETROLEUM INC | 5/22/1978 | 235 | 60 | LA | Lincoln | |||||||||||
LA-RTN0131-003 |
LORIECE K PULLEN | FRANKS PETROLEUM INC | 5/3/1978 | 229 | 668 | LA | Lincoln | |||||||||||
LA-RTN0131-004 |
IRMA WILLIS KORNEGAY | FRANKS PETROLEUM INC | 4/14/1980 | 286 | 80 | LA | Lincoln | |||||||||||
LA-RTN0143-003 |
ERIC ANTHONY GUILLORY ET UX | WILDHORSE RESOURCES LLC | 11/16/2010 | 1297 | 220 | F116589 | LA | Lincoln | ||||||||||
1237 | 377 | F90980 | ||||||||||||||||
LA-RTN0150-001 |
L GARY RAINEY, AKA LESTER GARY RAINEY | INDIGO MINERALS LLC | 6/13/2007 | LA | Lincoln | |||||||||||||
LA-RTN0150-002 |
HERSHEL SHANNON PARDUE ET UX | INDIGO MINERALS LLC | 6/21/2007 | 1237 | 382 | F90982 | LA | Lincoln | ||||||||||
LA-RTN0150-003 |
DON DURRETT ET UX | INDIGO MINERALS LLC | 10/2/2007 | 1237 | 380 | F90981 | LA | Lincoln | ||||||||||
LA-RTN0150-004 |
DON DURRETT ET UX | INDIGO MINERALS LLC | 10/2/2007 | 1237 | 384 | F90983 | LA | Lincoln | ||||||||||
LA-RTN0151-000 |
JOHN RAGAN COLVIN ET AL | INDIGO MINERALS LLC | 6/14/2007 | 1237 | 386 | F90984 | LA | Lincoln | ||||||||||
LA-RTN0152-000 |
BEVERLY GATES SLOCUM | INDIGO MINERALS LLC | 6/14/2007 | 1237 | 389 | F90985 | LA | Lincoln | ||||||||||
LA-RTN0153-000 |
PATRICIA KATHERINE VANDIVER BLOXOM ET AL | INDIGO MINERALS LLC | 6/19/2007 | 1237 | 391 | F90986 | LA | Lincoln | ||||||||||
LA-RTN0154-000 |
JAMES VESTER ALBRITTON | INDIGO MINERALS LLC | 6/20/2007 | 1237 | 394 | F90987 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0155-000 |
JEAN WASHAM HOLLIS, INDIVIDUALLY & AS | INDIGO MINERALS LLC | 6/21/2007 | 1237 | 397 | F90988 | LA | Lincoln | ||||||||||
LA-RTN0156-000 |
WILLIAM THOMAS BURT ET UX | INDIGO MINERALS LLC | 6/25/2007 | 1237 | 400 | F90989 | LA | Lincoln | ||||||||||
LA-RTN0157-000 |
GLEN E NEAVILLE ET UX | INDIGO MINERALS LLC | 6/25/2007 | 1237 | 403 | F90990 | LA | Lincoln | ||||||||||
LA-RTN0158-000 |
JOHN RAGAN COLVIN ET UX MARGARET | INDIGO MINERALS LLC | 6/14/2007 | 1237 | 406 | F90991 | LA | Lincoln | ||||||||||
LA-RTN0159-000 |
KYLE BIRCH ET UX | INDIGO MINERALS LLC | 6/28/2007 | 1237 | 409 | F90992 | LA | Lincoln | ||||||||||
LA-RTN0160-000 |
ODESSA HARRISON DUNN | INDIGO MINERALS LLC | 8/20/2007 | 1237 | 595 | F91074 | LA | Lincoln | ||||||||||
LA-RTN0161-001 |
RICKEY GLENN HICKMAN | INDIGO MINERALS LLC | 6/26/2007 | 1237 | 412 | F90993 | LA | Lincoln | ||||||||||
LA-RTN0161-002 |
KRISTY DIANNE ROBERTSON HICKMAN | INDIGO MINERALS LLC | 6/26/2007 | 1237 | 415 | F90994 | LA | Lincoln | ||||||||||
LA-RTN0162-001 |
GLEN LEE MITCHELL | INDIGO MINERALS LLC | 7/2/2007 | 1237 | 418 | F90995 | LA | Lincoln | ||||||||||
LA-RTN0162-002 |
BRENDA DUFOUR MITCHELL | INDIGO MINERALS LLC | 7/2/2007 | 1237 | 421 | F90996 | LA | Lincoln | ||||||||||
1237 | 424 | F90997 | ||||||||||||||||
LA-RTN0163-000 |
WILLIAM L GARNER JR | INDIGO MINERALS LLC | 6/25/2007 | 1237 | 424 | F90997 | LA | Lincoln | ||||||||||
1237 | 427 | F90998 | ||||||||||||||||
1237 | 427 | F90998 | ||||||||||||||||
LA-RTN0164-001 |
JOHN M ARMSTRONG, JR ET UX | INDIGO MINERALS LLC | 7/11/2007 | 1237 | 427 | F90998 | LA | Lincoln | ||||||||||
1237 | 430 | F90999 | ||||||||||||||||
1237 | 430 | F90999 | ||||||||||||||||
LA-RTN0164-002 |
THE BROWNLAND CORPORATION | INDIGO MINERALS LLC | 7/11/2007 | 1237 | 430 | F90999 | LA | Lincoln | ||||||||||
1237 | 434 | F91000 | ||||||||||||||||
1237 | 434 | F91000 | ||||||||||||||||
LA-RTN0164-003 |
ELEANOR HARRIS BROWN | INDIGO MINERALS LLC | 7/11/2007 | 1237 | 434 | F91000 | LA | Lincoln | ||||||||||
1237 | 437 | F91001 | ||||||||||||||||
1237 | 437 | F91001 | ||||||||||||||||
LA-RTN0164-004 |
ROBERT WILLIAM TEMPLE ET UX | INDIGO MINERALS LLC | 7/18/2007 | 1237 | 437 | F91001 | LA | Lincoln | ||||||||||
1237 | 440 | F91002 | ||||||||||||||||
1237 | 440 | F91002 | ||||||||||||||||
LA-RTN0164-005 |
MELANIE CARSON HARRIS ZACHRY | INDIGO MINERALS LLC | 7/18/2007 | 1237 | 440 | F91002 | LA | Lincoln | ||||||||||
LA-RTN0164-006 |
PRISCILLA HEARD BOWMAN | INDIGO MINERALS LLC | 10/8/2007 | 1237 | 443 | F91003 | LA | Lincoln | ||||||||||
LA-RTN0164-007 |
CARRIE LEE HEARD LINK | INDIGO MINERALS LLC | 10/8/2007 | 1237 | 446 | F91004 | LA | Lincoln | ||||||||||
1260 | 19 | F99499 | ||||||||||||||||
1276 | 142 | F106650 | ||||||||||||||||
1260 | 19 | F99499 | ||||||||||||||||
LA-RTN0164-008 |
JOHNNY ROY PAPPA | INDIGO MINERALS LLC | 9/24/2008 | 1260 | 19 | F99499 | LA | Lincoln | ||||||||||
1260 | 22 | F99500 | ||||||||||||||||
1276 | 144 | F106651 | ||||||||||||||||
1260 | 22 | F99500 | ||||||||||||||||
LA-RTN0164-009 |
ANNA THERESA PAPPA KERN ANGELLE | INDIGO MINERALS LLC | 9/24/2008 | 1260 | 22 | F99500 | LA | Lincoln | ||||||||||
LA-RTN0164-010 |
JOHN C MORRIS III ET AL | INDIGO MINERALS LLC | 2/10/2009 | 1267 | 769 | F102703 | LA | Lincoln | ||||||||||
LA-RTN0164-011 |
ALICE HEARD ET AL | PRESTIGE EXPLORATION INC | 9/15/2006 | 1213 | 601 | F102274 | LA | Lincoln | ||||||||||
LA-RTN0165-001 |
RONALD WAYNE BROWN | INDIGO MINERALS LLC | 7/6/2007 | 1237 | 449 | F91006 | LA | Lincoln | ||||||||||
LA-RTN0165-002 |
IVA GOLDSMITH DAVIS | INDIGO MINERALS LLC | 7/11/2007 | 1237 | 451 | F91007 | LA | Lincoln | ||||||||||
LA-RTN0165-003 |
WILLIE GOLDSMITH JACKSON | INDIGO MINERALS LLC | 7/11/2007 | 1237 | 453 | F91008 | LA | Lincoln | ||||||||||
LA-RTN0165-004 |
MILTON YOUNGER | INDIGO MINERALS LLC | 7/12/2007 | 1237 | 455 | F91009 | LA | Lincoln | ||||||||||
LA-RTN0165-005 |
HOWARD DONELL YOUNGER | INDIGO MINERALS LLC | 7/12/2007 | 1237 | 457 | F91010 | LA | Lincoln | ||||||||||
LA-RTN0165-006 |
BILLY RAY YOUNGER | INDIGO MINERALS LLC | 7/12/2007 | 1237 | 459 | F91011 | LA | Lincoln | ||||||||||
LA-RTN0165-007 |
VIVIAN YOUNGER PERRY | INDIGO MINERALS LLC | 7/17/2007 | 1237 | 461 | F91012 | LA | Lincoln | ||||||||||
LA-RTN0165-008 |
VICKI GOLDSMITH JACKSON | INDIGO MINERALS LLC | 7/17/2007 | 1237 | 463 | F91013 | LA | Lincoln | ||||||||||
LA-RTN0165-009 |
NELLA FAYE WILLIAMS COOPER | INDIGO MINERALS LLC | 7/14/2007 | 1237 | 465 | F91014 | LA | Lincoln | ||||||||||
LA-RTN0165-010 |
ZENOBIA YOUNGER PERRY | INDIGO MINERALS LLC | 7/16/2007 | 1237 | 467 | F91015 | LA | Lincoln | ||||||||||
LA-RTN0165-011 |
LEVELL YOUNGER | INDIGO MINERALS LLC | 7/19/2007 | 1237 | 469 | F91016 | LA | Lincoln | ||||||||||
LA-RTN0165-012 |
ROBERT G JAMES | INDIGO MINERALS LLC | 7/30/2007 | 1237 | 471 | F91017 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0165-013 |
E JOSEPH BLEICH ET UX | INDIGO MINERALS LLC | 7/30/2007 | 1237 | 474 | F91018 | LA | Lincoln | ||||||||||
LA-RTN0165-014 |
FLORA DOWDY WRIGHT | INDIGO MINERALS LLC | 7/30/2007 | 1237 | 477 | F91019 | LA | Lincoln | ||||||||||
LA-RTN0165-015 |
JOSEPH LEWIS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 480 | F91020 | LA | Lincoln | ||||||||||
LA-RTN0165-016 |
FRED LEWIS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 482 | F91021 | LA | Lincoln | ||||||||||
LA-RTN0165-017 |
MITZI LEWIS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 484 | F91022 | LA | Lincoln | ||||||||||
LA-RTN0165-018 |
HUGH L HYLAND, III | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 486 | F91023 | LA | Lincoln | ||||||||||
LA-RTN0165-019 |
FREDERICK N HYLAND | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 488 | F91024 | LA | Lincoln | ||||||||||
LA-RTN0165-020 |
ROSALYN GOLDSMITH CROWDER | INDIGO MINERALS LLC | 7/17/2007 | 1237 | 490 | F91025 | LA | Lincoln | ||||||||||
LA-RTN0165-021 |
MICHAEL HYLAND | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 492 | F91026 | LA | Lincoln | ||||||||||
LA-RTN0165-022 |
STEWART G HYLAND | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 494 | F91027 | LA | Lincoln | ||||||||||
LA-RTN0166-001 |
WILLIE GOLDSMITH JACKSON | INDIGO MINERALS LLC | 7/11/2007 | 1237 | 496 | F91028 | LA | Lincoln | ||||||||||
LA-RTN0166-002 |
HOWARD DONELL YOUNGER | INDIGO MINERALS LLC | 7/12/2007 | 1237 | 498 | F91029 | LA | Lincoln | ||||||||||
LA-RTN0166-003 |
MILTON YOUNGER | INDIGO MINERALS LLC | 7/12/2007 | 1237 | 500 | F91030 | LA | Lincoln | ||||||||||
LA-RTN0166-004 |
BILLY RAY YOUNGER | INDIGO MINERALS LLC | 7/12/2007 | 1237 | 502 | F91031 | LA | Lincoln | ||||||||||
LA-RTN0166-005 |
IVA GOLDSMITH DAVIS | INDIGO MINERALS LLC | 7/11/2007 | 1237 | 504 | F91032 | LA | Lincoln | ||||||||||
LA-RTN0166-006 |
VICKI GOLDSMITH JACKSON | INDIGO MINERALS LLC | 7/17/2007 | 1237 | 506 | F91033 | LA | Lincoln | ||||||||||
LA-RTN0166-007 |
VIVIAN YOUNGER PERRY | INDIGO MINERALS LLC | 7/17/2007 | 1237 | 508 | F91034 | LA | Lincoln | ||||||||||
LA-RTN0166-008 |
ZENOBIA YOUNGER PERRY | INDIGO MINERALS LLC | 7/16/2007 | 1237 | 510 | F91035 | LA | Lincoln | ||||||||||
LA-RTN0166-009 |
LEVELL YOUNGER | INDIGO MINERALS LLC | 7/17/2007 | 1237 | 512 | F91036 | LA | Lincoln | ||||||||||
LA-RTN0166-010 |
MARVA GOLDSMITH JOHNSON | INDIGO MINERALS LLC | 7/23/2007 | 1237 | 514 | F91037 | LA | Lincoln | ||||||||||
LA-RTN0166-011 |
JOSEPH LEWIS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 516 | F91038 | LA | Lincoln | ||||||||||
LA-RTN0166-012 |
FRED LEWIS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 518 | F91039 | LA | Lincoln | ||||||||||
LA-RTN0166-013 |
MITZI LEWIS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 520 | F91040 | LA | Lincoln | ||||||||||
LA-RTN0166-014 |
FREDERICK N HYLAND | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 522 | F91041 | LA | Lincoln | ||||||||||
LA-RTN0166-015 |
HUGH L HYLAND, III | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 524 | F91042 | LA | Lincoln | ||||||||||
LA-RTN0166-016 |
ROSALYN GOLDSMITH CROWDER | INDIGO MINERALS LLC | 7/17/2007 | 1237 | 526 | F91043 | LA | Lincoln | ||||||||||
LA-RTN0166-017 |
MICHAEL HYLAND | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 528 | F91044 | LA | Lincoln | ||||||||||
LA-RTN0166-018 |
STEWART G HYLAND | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 530 | F91045 | LA | Lincoln | ||||||||||
LA-RTN0167-000 |
CLIFTON ALLEN SANDIFER ET UX | INDIGO MINERALS LLC | 7/18/2007 | 1237 | 534 | F91047 | LA | Lincoln | ||||||||||
LA-RTN0168-000 |
MICHAEL JAMES CORIE ET UX | INDIGO MINERALS LLC | 7/18/2007 | 1237 | 539 | F91049 | LA | Lincoln | ||||||||||
LA-RTN0169-000 |
SAMUEL EDWARD SPEARMAN ET UX | INDIGO MINERALS LLC | 7/23/2007 | 1237 | 541 | F91050 | LA | Lincoln | ||||||||||
LA-RTN0170-000 |
DAVID R VOLENTINE ET UX | INDIGO MINERALS LLC | 7/24/2007 | 1237 | 544 | F91051 | LA | Lincoln | ||||||||||
LA-RTN0171-001 |
GLADYS DELONY KASPAR | INDIGO MINERALS LLC | 7/18/2007 | 1237 | 547 | F91052 | LA | Lincoln | ||||||||||
LA-RTN0171-002 |
BRODIE D TELFORD ET UX | INDIGO MINERALS LLC | 10/23/2007 | 1237 | 549 | F91053 | LA | Lincoln | ||||||||||
LA-RTN0172-000 |
VIVIAN YOUNGER PERRY | INDIGO MINERALS LLC | 7/17/2007 | 1237 | 551 | F91054 | LA | Lincoln | ||||||||||
LA-RTN0173-001 |
GEORGE HYOT BRASHEAR, AKA | INDIGO MINERALS LLC | 6/29/2007 | 1237 | 553 | F91055 | LA | Lincoln | ||||||||||
LA-RTN0173-002 |
MARJORIE LINDA BRASHEAR LOVE | INDIGO MINERALS LLC | 6/27/2007 | 1237 | 555 | F91056 | LA | Lincoln | ||||||||||
LA-RTN0174-000 |
ZENOBIA YOUNGER PERRY | INDIGO MINERALS LLC | 7/9/2007 | 1237 | 563 | F91060 | LA | Lincoln | ||||||||||
LA-RTN0175-000 |
JOHNNY WALTER HASSEN | INDIGO MINERALS LLC | 7/25/2007 | 1237 | 566 | F91061 | LA | Lincoln | ||||||||||
LA-RTN0176-001 |
NELDA CHRISTINE WILTCHER MARTIN, AKA | INDIGO MINERALS LLC | 7/16/2007 | 1237 | 568 | F91062 | LA | Lincoln | ||||||||||
LA-RTN0176-002 |
ROY THOMAS WILTCHER | INDIGO MINERALS LLC | 7/16/2007 | 1237 | 570 | F91063 | LA | Lincoln | ||||||||||
LA-RTN0177-000 |
RANDALL BRYAN GAY ET UX | INDIGO MINERALS LLC | 7/6/2007 | 1237 | 574 | F91065 | LA | Lincoln | ||||||||||
LA-RTN0178-000 |
JERRY WILLIS GRIFFIN ET UX | INDIGO MINERALS LLC | 7/25/2007 | 1237 | 576 | F91066 | LA | Lincoln | ||||||||||
LA-RTN0179-000 |
ARTHUR H MAY ET UX | INDIGO MINERALS LLC | 8/9/2007 | 1237 | 578 | F91067 | LA | Lincoln | ||||||||||
LA-RTN0180-000 |
MITCHELL DARNELL YOUNGER | INDIGO MINERALS LLC | 7/22/2007 | 1237 | 583 | F91069 | LA | Lincoln | ||||||||||
LA-RTN0181-000 |
LEVELL YOUNGER | INDIGO MINERALS LLC | 7/19/2007 | 1237 | 585 | F91070 | LA | Lincoln | ||||||||||
LA-RTN0182-000 |
MARY ETTA ROGERS ROANE | INDIGO MINERALS LLC | 8/11/2007 | 1237 | 587 | F91071 | LA | Lincoln | ||||||||||
LA-RTN0183-000 |
CHARLIE RAY HUDSON ET UX | INDIGO MINERALS LLC | 8/7/2007 | 1237 | 590 | F91072 | LA | Lincoln | ||||||||||
LA-RTN0184-000 |
THERESA LEWIS MOORE WYATT, AKA | INDIGO MINERALS LLC | 8/6/2007 | 1237 | 593 | F91073 | LA | Lincoln | ||||||||||
LA-RTN0185-001 |
JOE EDWARD MITCHAM SR ET UX | CARROLLTON RESOURCES CORPORATION | 8/23/1996 | 979 | 105 | 87305 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
979 | 111 | 087306 | ||||||||||||||||
LA-RTN0185-002 |
JOE EDWARD MITCHAM JR ET UX | CARROLLTON RESOURCES CORPORATION | 8/23/1996 | 979 | 111 | 087306 | LA | Lincoln | ||||||||||
979 | 117 | 087307 | ||||||||||||||||
LA-RTN0186-001 |
BILLY JACK PRICE ET UX | CARROLLTON RESOURCES CORPORATION | 8/23/1996 | 979 | 117 | 087307 | LA | Lincoln | ||||||||||
LA-RTN0186-002 |
VIRGINIA LOUISE WILDER PRICE ET VIR | CARROLLTON RESOURCES CORPORATION | 8/23/1996 | 979 | 124 | 87308 | LA | Lincoln | ||||||||||
979 | 131 | 087309 | ||||||||||||||||
979 | 131 | 087309 | ||||||||||||||||
979 | 131 | 087309 | ||||||||||||||||
LA-RTN0186-003 |
ROBERT E WILDER JR | CARROLLTON RESOURCES CORPORATION | 8/26/1996 | 979 | 131 | 087309 | LA | Lincoln | ||||||||||
979 | 137 | 087310 | ||||||||||||||||
979 | 137 | 087310 | ||||||||||||||||
979 | 137 | 087310 | ||||||||||||||||
LA-RTN0186-004 |
NANCY ELIZABETH MCLEAN EDWARDS ET VIR | CARROLLTON RESOURCES CORPORATION | 8/26/1996 | 979 | 137 | 087310 | LA | Lincoln | ||||||||||
979 | 142 | 087311 | ||||||||||||||||
979 | 137 | 087310 | ||||||||||||||||
979 | 137 | 087310 | ||||||||||||||||
LA-RTN0186-005 |
ANNE WILDER MCLEAN HESS ET VIR | CARROLLTON RESOURCES CORPORATION | 8/26/1996 | 979 | 137 | 087310 | LA | Lincoln | ||||||||||
979 | 147 | 087312 | ||||||||||||||||
979 | 147 | 087312 | ||||||||||||||||
979 | 147 | 087312 | ||||||||||||||||
LA-RTN0186-006 |
CHARLES EDWARD MCLEAN ET UX | CARROLLTON RESOURCES CORPORATION | 9/4/1996 | 979 | 147 | 087312 | LA | Lincoln | ||||||||||
979 | 152 | 087313 | ||||||||||||||||
979 | 152 | 087313 | ||||||||||||||||
979 | 152 | 087313 | ||||||||||||||||
LA-RTN0186-007 |
STUART BOWDEN MCLEAN ET UX | CARROLLTON RESOURCES CORPORATION | 9/4/1996 | 979 | 152 | 087313 | LA | Lincoln | ||||||||||
979 | 157 | 087314 | ||||||||||||||||
979 | 157 | 087314 | ||||||||||||||||
979 | 157 | 087314 | ||||||||||||||||
LA-RTN0186-008 |
SARAH AMANDA WILDER MCLEAN | CARROLLTON RESOURCES CORPORATION | 8/26/1996 | 979 | 157 | 087314 | LA | Lincoln | ||||||||||
LA-RTN0186-009 |
MARBURY BUILDING CORPORATION | CARROLLTON RESOURCES CORPORATION | 9/12/1996 | 979 | 164 | 87315 | LA | Lincoln | ||||||||||
LA-RTN0186-010 |
DELLA LYNN HUDSON BEARD ET VIR | CARROLLTON RESOURCES CORPORATION | 9/17/1996 | 979 | 170 | 87316 | LA | Lincoln | ||||||||||
LA-RTN0186-011 |
RICHARD W HUDSON ET UX | CARROLLTON RESOURCES CORPORATION | 9/17/1996 | 979 | 270 | 87340 | LA | Lincoln | ||||||||||
LA-RTN0186-012 |
RICHARD GREGORY HUDSON | CARROLLTON RESOURCES CORPORATION | 9/19/1996 | 979 | 241 | 87333 | LA | Lincoln | ||||||||||
LA-RTN0186-013 |
JAMES ROBERT PRICE ET UX | CARROLLTON RESOURCES CORPORATION | 11/19/1996 | 979 | 252 | 87336 | LA | Lincoln | ||||||||||
LA-RTN0186-014 |
GLENN ALLEN SCRIBER ET UX | CARROLLTON RESOURCES CORPORATION | 11/23/1996 | 1026 | 106 | 4902 | LA | Lincoln | ||||||||||
LA-RTN0186-015 |
GLENN ALLEN SCRIBER ET UX | CARROLLTON RESOURCES CORPORATION | 7/21/1998 | 1033 | 301 | 6825 | LA | Lincoln | ||||||||||
LA-RTN0186-016 |
CURTIS L TUBBS ET UX | CARROLLTON RESOURCES CORPORATION | 7/17/1998 | 1033 | 331 | 6837 | LA | Lincoln | ||||||||||
LA-RTN0187-001 |
MICHAEL WAYNE GRAHAM | CARROLLTON RESOURCES CORPORATION | 9/16/1996 | 979 | 179 | 87318 | LA | Lincoln | ||||||||||
LA-RTN0187-002 |
STEVEN CRAIG GRAHAM | CARROLLTON RESOURCES CORPORATION | 10/14/1996 | 979 | 275 | 87341 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0187-003 |
LARRY KENT GRAHAM | CARROLLTON RESOURCES CORPORATION | 10/14/1996 | 979 | 280 | 87342 | LA | Lincoln | ||||||||||
LA-RTN0188-000 |
LAVON ANDERSON ET VIR | CARROLLTON RESOURCES CORPORATION | 9/26/1996 | 979 | 188 | 87320 | LA | Lincoln | ||||||||||
LA-RTN0189-000 |
MARGIE MAY LYONS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 626 | F91085 | LA | Lincoln | ||||||||||
LA-RTN0190-000 |
SEDONIA MAY GIVENS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 629 | F91086 | LA | Lincoln | ||||||||||
LA-RTN0191-000 |
VINSON LEE CRAWFORD ET UX | INDIGO MINERALS LLC | 7/30/2007 | 1237 | 632 | F91087 | LA | Lincoln | ||||||||||
LA-RTN0192-000 |
LINCOLN TOTAL COMMUNITY ACTION, INC | INDIGO MINERALS LLC | 8/7/2007 | 1237 | 635 | F91088 | LA | Lincoln | ||||||||||
LA-RTN0193-000 |
TIMOTHY L MOORE ET UX | INDIGO MINERALS LLC | 7/26/2007 | 1237 | 639 | F91089 | LA | Lincoln | ||||||||||
LA-RTN0194-000 |
VELTON BOWDEN, JR | INDIGO MINERALS LLC | 8/13/2007 | 1237 | 642 | F91090 | LA | Lincoln | ||||||||||
LA-RTN0195-000 |
DELORES MAY ELLIS | INIGO MINERALS LLC | 8/16/2007 | 1237 | 645 | F91091 | LA | Lincoln | ||||||||||
LA-RTN0196-000 |
DEBORAH SHELTON REED | INDIGO MINERALS LLC | 8/23/2007 | 1237 | 675 | F91101 | LA | Lincoln | ||||||||||
LA-RTN0197-000 |
JACKIE ADAMS | INDIGO MINERALS LLC | 8/29/2007 | 1237 | 677 | F91102 | LA | Lincoln | ||||||||||
LA-RTN0198-000 |
ELSIE SHELTON MALCOLM | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 680 | F91103 | LA | Lincoln | ||||||||||
LA-RTN0199-000 |
ELSIE COSETTA MALCOLM | INDIGO MINERALS LLC | 8/20/2007 | 1237 | 682 | F91104 | LA | Lincoln | ||||||||||
LA-RTN0200-000 |
WILLIE R SHELTON, JR | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 684 | F91105 | LA | Lincoln | ||||||||||
LA-RTN0201-000 |
JAMES THOMAS | INDIGO MINERALS LLC | 9/7/2007 | 1237 | 714 | F91117 | LA | Lincoln | ||||||||||
LA-RTN0202-000 |
CHARLIE B DUNN | INDIGO MINERALS LLC | 9/7/2007 | 1237 | 716 | F91118 | LA | Lincoln | ||||||||||
LA-RTN0203-000 |
JEWEL THOMAS | INDIGO MINERALS LLC | 9/7/2007 | 1237 | 718 | F91119 | LA | Lincoln | ||||||||||
LA-RTN0204-000 |
MILDRED MAY DOUGLAS | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 720 | F91120 | LA | Lincoln | ||||||||||
LA-RTN0205-000 |
IRMA DUNN MOORE | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 735 | F91127 | LA | Lincoln | ||||||||||
LA-RTN0206-000 |
BONNIE DUNN | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 737 | F91128 | LA | Lincoln | ||||||||||
LA-RTN0207-000 |
WILLIAM PATRICK DUNN | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 739 | F91129 | LA | Lincoln | ||||||||||
LA-RTN0208-000 |
RAY TORBOR | INDIGO MINERALS LLC | 9/14/2007 | 1237 | 741 | F91130 | LA | Lincoln | ||||||||||
LA-RTN0209-000 |
JAMES LEO DUNN ET UX | INDIGO MINERALS LLC | 9/12/2007 | 1237 | 743 | F91131 | LA | Lincoln | ||||||||||
LA-RTN0210-000 |
EARLINE BAKER MYLES | INDIGO MINERALS LLC | 9/19/2007 | 1237 | 745 | F91132 | LA | Lincoln | ||||||||||
LA-RTN0211-000 |
LINDA LANE NEWTON | INDIGO MINERALS LLC | 9/14/2007 | 1237 | 747 | F91133 | LA | Lincoln | ||||||||||
1237 | 749 | F91134 | ||||||||||||||||
LA-RTN0212-000 |
MARY JANE ADAMS STEPHENSON | INDIGO MINERALS LLC | 9/15/2007 | 1237 | 753 | F91136 | LA | Lincoln | ||||||||||
LA-RTN0213-000 |
JOHN NICHOLS MURAD ET UX | INDIGO MINERALS LLC | 9/12/2007 | 1237 | 755 | F91138 | LA | Lincoln | ||||||||||
LA-RTN0214-000 |
JACQUELINE CARR FIGG | INDIGO MINERALS LLC | 8/17/2007 | 1237 | 777 | F91149 | LA | Lincoln | ||||||||||
1237 | 780 | F91150 | ||||||||||||||||
LA-RTN0215-000 |
ANITA SHELTON FORD | INDIGO MINERALS LLC | 9/7/2007 | 1237 | 780 | F91150 | LA | Lincoln | ||||||||||
LA-RTN0216-000 |
KYLE SCOTT DAVENPORT | INDIGO MINERALS LLC | 9/15/2007 | 1237 | 794 | F91154 | LA | Lincoln | ||||||||||
LA-RTN0217-000 |
KYLE SCOTT DAVENPORT | INDIGO MINERALS LLC | 9/15/2007 | 1237 | 797 | F91155 | LA | Lincoln | ||||||||||
LA-RTN0218-000 |
DAVID WILLIAM CRAIG ET UX | INDIGO MINERALS LLC | 7/16/2007 | 1237 | 800 | F91156 | LA | Lincoln | ||||||||||
LA-RTN0219-000 |
ROBERT MARVIN ELLIS, JR ET UX | INDIGO MINERALS LLC | 9/24/2007 | 1237 | 802 | F91157 | LA | Lincoln | ||||||||||
LA-RTN0220-000 |
SANDRA ELLIS HOGG | INDIGO MINERALS LLC | 9/24/2007 | 1237 | 804 | F91158 | LA | Lincoln | ||||||||||
LA-RTN0221-000 |
SAMUEL F WHEAT ET UX | INDIGO MINERALS LLC | 9/13/2007 | 1237 | 806 | F91159 | LA | Lincoln | ||||||||||
LA-RTN0222-000 |
PEARLYNE BAKER FIELDS | INDIGO MINERALS LLC | 9/19/2007 | 1237 | 838 | F91171 | LA | Lincoln | ||||||||||
LA-RTN0223-000 |
GROVER L BROWN | INDIGO MINERALS LLC | 10/3/2007 | 1238 | 21 | F91195 | LA | Lincoln | ||||||||||
LA-RTN0224-000 |
DORIS C SMITH | INDIGO MINERALS LLC | 10/2/2007 | 1238 | 25 | F91197 | LA | Lincoln | ||||||||||
LA-RTN0225-000 |
EARL BAKER | INDIGO MINERALS LLC | 9/19/2007 | 1238 | 29 | F91199 | LA | Lincoln | ||||||||||
LA-RTN0226-000 |
BOBBY CHARLES COOPER ET UX | INDIGO MINERALS LLC | 10/4/2007 | 1238 | 33 | F91201 | LA | Lincoln | ||||||||||
LA-RTN0227-000 |
WILLIE JEAN WATTS SINGLETON | INDIGO MINERALS LLC | 10/10/2007 | 1238 | 39 | F91205 | LA | Lincoln | ||||||||||
LA-RTN0228-001 |
ODESSA HARRISON DUNN | INDIGO MINERALS LLC | 8/20/2007 | 1237 | 597 | F91075 | LA | Lincoln | ||||||||||
LA-RTN0228-002 |
CALDWELL DUNN | INDIGO MINERALS LLC | 8/21/2007 | 1237 | 600 | F91076 | LA | Lincoln | ||||||||||
LA-RTN0228-003 |
CAROLIN DUNN BOWMAN | INDIGO MINERALS LLC | 8/21/2007 | 1237 | 603 | F91077 | LA | Lincoln | ||||||||||
LA-RTN0228-004 |
BENJAMIN DUNN | INDIGO MINERALS LLC | 8/21/2007 | 1237 | 606 | F91078 | LA | Lincoln | ||||||||||
LA-RTN0228-005 |
AGNES DUNN SUDDS | INDIGO MINERALS LLC | 8/21/2007 | 1237 | 609 | F91079 | LA | Lincoln | ||||||||||
LA-RTN0228-006 |
DELLA RUTH DUNN POWELL | INDIGO MINERALS LLC | 8/21/2007 | 1237 | 612 | F91080 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0228-007 |
LOU ORIEL DUNN SMITH | INDIGO MINERALS LLC | 8/21/2007 | 1237 | 615 | F91081 | LA | Lincoln | ||||||||||
LA-RTN0228-008 |
JOHN ARTHUR DUNN | INDIGO MINERALS LLC | 8/21/2007 | 1237 | 618 | F91082 | LA | Lincoln | ||||||||||
LA-RTN0228-009 |
KEITH CONRAD DUNN | INDIGO MINERALS LLC | 8/21/2007 | 1231 | 621 | F91083 | LA | Lincoln | ||||||||||
LA-RTN0229-000 |
RICHARD J GALLOT | INDIGO MINERALS LLC | 10/30/2007 | 1238 | 180 | F91262 | LA | Lincoln | ||||||||||
LA-RTN0230-000 |
THOMAS PAUL WOODARD ET UX | INDIGO MINERALS LLC | 10/8/2007 | 1238 | 145 | F91248 | LA | Lincoln | ||||||||||
LA-RTN0231-000 |
HARRISON WILEY, JR | INDIGO MINERALS LLC | 10/23/2007 | 1238 | 147 | F91249 | LA | Lincoln | ||||||||||
LA-RTN0232-000 |
CLAUDE BRITTON III | INDIGO MINERALS LLC | 10/16/2007 | 1238 | 149 | F91250 | LA | Lincoln | ||||||||||
LA-RTN0233-000 |
SEDONIA MAY GIVENS ET AL | INDIGO MINERALS LLC | 10/18/2007 | 1238 | 57 | F91212 | LA | Lincoln | ||||||||||
1238 | 60 | F91213 | ||||||||||||||||
1238 | 63 | F91214 | ||||||||||||||||
1238 | 64 | F91215 | ||||||||||||||||
1238 | 65 | F91216 | ||||||||||||||||
LA-RTN0234-000 |
CHARLES E WOODARD | INDIGO MINERALS LLC | 10/19/2007 | 1238 | 66 | F91217 | LA | Lincoln | ||||||||||
1238 | 35 | F91202 | ||||||||||||||||
1238 | 37 | F91203 | ||||||||||||||||
LA-RTN0235-000 |
THELMA WATTS HAMMOCK | INDIGO MINERALS LLC | 10/10/2007 | 1238 | 38 | F91204 | LA | Lincoln | ||||||||||
LA-RTN0236-000 |
MATTHEW AYRES JAMES ET UX | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 42 | F91206 | LA | Lincoln | ||||||||||
LA-RTN0237-001 |
JAMES EDWARD WILLIAMS | INDIGO MINERALS LLC | 10/2/2007 | 1237 | 857 | F91179 | LA | Lincoln | ||||||||||
LA-RTN0237-002 |
EARNEST LEE WILLIAMS | INDIGO MINERALS LLC | 10/1/2007 | 1237 | 854 | F91178 | LA | Lincoln | ||||||||||
LA-RTN0237-003 |
GEORGIA MAE FRANKLIN ROSE | INDIGO MINERALS LLC | 9/14/2007 | 1237 | 860 | F91180 | LA | Lincoln | ||||||||||
LA-RTN0237-004 |
ARTHUR LEE FRANKLIN | INDIGO MINERALS LLC | 9/14/2007 | 1238 | 12 | F91192 | LA | Lincoln | ||||||||||
LA-RTN0237-005 |
ELSIE WILLIAMS | INDIGO MINERALS LLC | 10/9/2007 | 1238 | 15 | F91193 | LA | Lincoln | ||||||||||
LA-RTN0237-006 |
PATRICIA ANN FRANKLIN | INDIGO MINERALS LLC | 9/14/2007 | 1238 | 18 | F91194 | LA | Lincoln | ||||||||||
LA-RTN0238-001 |
LEONARD MAYFIELD | INDIGO MINERALS LLC | 8/27/2007 | 1237 | 648 | F91092 | LA | Lincoln | ||||||||||
LA-RTN0238-002 |
JAMES EARL WILLIAMS | INDIGO MINERALS LLC | 8/17/2007 | 1237 | 651 | F91093 | LA | Lincoln | ||||||||||
LA-RTN0238-003 |
ETHEL MAE WARREN | INDIGO MINERALS LLC | 8/29/2007 | 1237 | 654 | F91094 | LA | Lincoln | ||||||||||
LA-RTN0238-004 |
CURTIS MAE HAULCY | INDIGO MINERALS LLC | 8/20/2007 | 1237 | 657 | F91095 | LA | Lincoln | ||||||||||
LA-RTN0238-005 |
DEIDRE BYRD | INDIGO MINERALS LLC | 8/29/2007 | 1237 | 660 | F91096 | LA | Lincoln | ||||||||||
LA-RTN0238-006 |
SHEILA WILLIAMS | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 663 | F91097 | LA | Lincoln | ||||||||||
LA-RTN0238-007 |
FRIDAY WILLIAMS | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 666 | F91098 | LA | Lincoln | ||||||||||
LA-RTN0238-008 |
JOHNATHAN WILLIAMS | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 669 | F91099 | LA | Lincoln | ||||||||||
LA-RTN0238-009 |
CLIFFORD WILLIAMS | INDIGO MINERALS LLC | 10/13/2007 | 1237 | 672 | F91100 | LA | Lincoln | ||||||||||
LA-RTN0238-010 |
ROSIE ETTER CLINTON | INDIGO MINERALS LLC | 10/29/2007 | 1241 | 779 | F92818 | LA | Lincoln | ||||||||||
LA-RTN0238-011 |
CHARLOTTE S MALCOM ROUSE | INDIGO MINERALS LLC | 4/1/2008 | 1250 | 653 | F96364 | LA | Lincoln | ||||||||||
LA-RTN0238-012 |
BETSY MALCOLM DISHROOM REDMOND | INDIGO MINERALS LLC | 4/1/2008 | 1250 | 657 | F96365 | LA | Lincoln | ||||||||||
LA-RTN0238-013 |
GAYNA C MALCOLM PACKNETT | INDIGO MINERALS LLC | 4/1/2008 | 1250 | 661 | F96366 | LA | Lincoln | ||||||||||
LA-RTN0238-014 |
TYRONE L MALCOLM SR | INDIGO MINERALS LLC | 4/1/2008 | 1250 | 665 | F96367 | LA | Lincoln | ||||||||||
LA-RTN0238-015 |
MILDRED L ALLEN | INDIGO MINERALS LLC | 4/1/2008 | 1250 | 669 | F96368 | LA | Lincoln | ||||||||||
LA-RTN0238-016 |
ARTHUR L MALCOLM | INDIGO MINERALS LLC | 4/1/2008 | 1250 | 673 | F96369 | LA | Lincoln | ||||||||||
LA-RTN0238-017 |
ROY M MALCOLM | INDIGO MINERALS LLC | 4/1/2008 | 1250 | 677 | F96370 | LA | Lincoln | ||||||||||
LA-RTN0238-018 |
KOBI JAMES MALCOLM | INDIGO MINERALS LLC | 4/1/2008 | 1251 | 581 | F96838 | LA | Lincoln | ||||||||||
LA-RTN0238-019 |
JEANETTE JONES | INDIGO MINERALS LLC | 10/24/2008 | 1262 | 434 | F100510 | LA | Lincoln | ||||||||||
LA-RTN0238-020 |
WILLIE P SINGLETON | INDIGO MINERALS LLC | 9/25/2008 | 1263 | 201 | F100815 | LA | Lincoln | ||||||||||
LA-RTN0238-021 |
PATRICIA JONES COOK | INDIGO MINERALS LLC | 10/24/2008 | 1263 | 204 | F100816 | LA | Lincoln | ||||||||||
LA-RTN0238-022 |
CHRISTOPHER A WILLIAMS, IND & AIF | INDIGO MINERALS LLC | 10/14/2011 | 1306 | 506 | F120661 | LA | Lincoln | ||||||||||
LA-RTN0239-000 |
RUBY WOODARD SMITH | INDIGO MINERALS LLC | 10/8/2007 | 1238 | 31 | F91200 | LA | Lincoln | ||||||||||
LA-RTN0240-000 |
FAITH ANNE HURST | INDIGO MINERALS LLC | 9/24/2007 | 1238 | 27 | F91198 | LA | Lincoln | ||||||||||
LA-RTN0241-000 |
GREGGORY O MAY ET UX | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 167 | F91256 | LA | Lincoln | ||||||||||
LA-RTN0242-000 |
CARNELL BROWN | INDIGO MINERALS LLC | 10/15/2007 | 1238 | 195 | F91269 | LA | Lincoln | ||||||||||
LA-RTN0243-000 |
P C PIERCE | INDIGO MINERALS LLC | 11/5/2007 | 1238 | 203 | F91273 | LA | Lincoln | ||||||||||
LA-RTN0244-000 |
MARY ETTA ROGERS ROANE | INDIGO MINERALS LLC | 11/7/2007 | 1238 | 205 | F91274 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||||||
LA-RTN0245-000 |
RICHARD C MAY ET UX | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 227 | F91285 | LA | Lincoln | ||||||||||||||
LA-RTN0246-000 |
KENNETH O PORTIS ET UX | INDIGO MINERALS LLC | 10/30/2007 | 1238 | 230 | F91286 | LA | Lincoln | ||||||||||||||
LA-RTN0247-000 |
JOHN ALLEN HOLLAND ET UX | INDIGO MINERALS LLC | 11/16/2007 | 1238 | 232 | F91287 | LA | Lincoln | ||||||||||||||
LA-RTN0248-000 |
LOUISE HOUSTON HUDSON | INDIGO MINERALS LLC | 11/16/2007 | 1238 | 234 | F91288 | LA | Lincoln | ||||||||||||||
LA-RTN0249-001 |
CHARLES EDWARD WOODARD | INDIGO MINERALS LLC | 10/19/2007 | 1238 | 67 | F91218 | LA | Lincoln | ||||||||||||||
LA-RTN0249-002 |
THOMAS PAUL WOODARD | INDIGO MINERALS LLC | 10/22/2007 | 1238 | 70 | F91219 | LA | Lincoln | ||||||||||||||
LA-RTN0249-003 |
SUE WOODARD GRUNDY | INDIGO MINERALS LLC | 10/25/2007 | 1238 | 73 | F91220 | LA | Lincoln | ||||||||||||||
LA-RTN0249-004 |
MILDRED WOODARD LITTLETON | INDIGO MINERALS LLC | 10/25/2007 | 1238 | 76 | F91221 | LA | Lincoln | ||||||||||||||
LA-RTN0249-005 |
CARRIE WOODARD WILLIAMS | INDIGO MINERALS LLC | 10/22/2007 | 1238 | 79 | F91222 | LA | Lincoln | ||||||||||||||
LA-RTN0249-006 |
RUBY WOODARD SMITH | INDIGO MINERALS LLC | 10/22/2007 | 1238 | 82 | F91223 | LA | Lincoln | ||||||||||||||
LA-RTN0249-007 |
ELAINE WOODARD WILLIAMS | INDIGO MINERALS LLC | 10/25/2007 | 1238 | 85 | F91224 | LA | Lincoln | ||||||||||||||
LA-RTN0249-008 |
ALFONZO WOODARD | INDIGO MINERALS LLC | 10/25/2007 | 1238 | 88 | F91225 | LA | Lincoln | ||||||||||||||
LA-RTN0249-009 |
MILTON WOODARD | INDIGO MINERALS LLC | 10/25/2007 | 1238 | 91 | F91226 | LA | Lincoln | ||||||||||||||
LA-RTN0250-001 |
THE BROWNLAND CORPORATION | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 94 | F91227 | LA | Lincoln | ||||||||||||||
LA-RTN0250-002 |
JOHN M ARMSTRONG, JR ET UX | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 98 | F91228 | LA | Lincoln | ||||||||||||||
LA-RTN0250-003 |
PRISCILLA HEARD BOWMAN | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 101 | F91229 | LA | Lincoln | ||||||||||||||
LA-RTN0250-004 |
CARRIE LEE HEARD LINK | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 104 | F91230 | LA | Lincoln | ||||||||||||||
LA-RTN0250-005 |
MARY ELEANOR HARRIS TEMPLE | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 107 | F91231 | LA | Lincoln | ||||||||||||||
LA-RTN0250-006 |
MELANIE CARSON HARRIS ZACHRY | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 110 | F91232 | LA | Lincoln | ||||||||||||||
LA-RTN0250-007 |
ELEANOR HARRIS BROWN | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 113 | F91233 | LA | Lincoln | ||||||||||||||
LA-RTN0250-008 |
JOHN C MORRIS III | INDIGO MINERALS LLC | 6/4/2009 | 1274 | 372 | F105806 | LA | Lincoln | ||||||||||||||
LA-RTN0250-009 |
RAYMOND H MORRIS | INDIGO MINERALS LLC | 6/4/2009 | 1274 | 361 | F105802 | LA | Lincoln | ||||||||||||||
LA-RTN0250-010 |
RICHARD A MORRIS | INDIGO MINERALS LLC | 6/4/2009 | 1274 | 355 | F105800 | LA | Lincoln | ||||||||||||||
LA-RTN0250-011 |
MARY ALICE HEARD TESTAMENTARY TRUST | INDIGO MINERALS LLC | 6/4/2009 | 1274 | 358 | F105801 | LA | Lincoln | ||||||||||||||
LA-RTN0251-001 |
DOROTHY MAE HEARD TORBOR | INDIGO MINERALS LLC | 9/11/2007 | 1237 | 757 | F91139 | LA | Lincoln | ||||||||||||||
LA-RTN0251-002 |
ROBERT HEARD | INDIGO MINERALS LLC | 9/13/2007 | 1237 | 761 | F91141 | LA | Lincoln | ||||||||||||||
LA-RTN0251-003 |
NUCARUI HEARD | INDIGO MINERALS LLC | 9/12/2007 | 1237 | 763 | F91142 | LA | Lincoln | ||||||||||||||
LA-RTN0251-004 |
MARY HEARD SCOTT | INDIGO MINERALS LLC | 9/18/2007 | 1237 | 765 | F91143 | LA | Lincoln | ||||||||||||||
LA-RTN0251-005 |
PRINCESS MARIE DAVIS | INDIGO MINERALS LLC | 9/14/2007 | 1237 | 767 | F91144 | LA | Lincoln | ||||||||||||||
LA-RTN0251-006 |
MARY RUTH HEARD GULLATT | INDIGO MINERALS LLC | 9/24/2007 | 1237 | 769 | F91145 | LA | Lincoln | ||||||||||||||
LA-RTN0251-007 |
WILLIE DEAN HEARD | INDIGO MINERALS LLC | 9/10/2007 | 1237 | 771 | F91146 | LA | Lincoln | ||||||||||||||
LA-RTN0251-008 |
SEDONIA KIDD | INDIGO MINERALS LLC | 10/8/2007 | 1237 | 773 | F91147 | LA | Lincoln | ||||||||||||||
LA-RTN0251-009 |
HENRIETTA WALKER | INDIGO MINERALS LLC | 9/24/2007 | 1237 | 775 | F91148 | LA | Lincoln | ||||||||||||||
LA-RTN0251-010 |
JAMES HEARD | INDIGO MINERALS LLC | 6/17/2008 | 1264 | 606 | F101372 | LA | Lincoln | ||||||||||||||
LA-RTN0252-001 |
JACKIE ADAMS & BOBBIE J ADAMS | INDIGO MINERALS LLC | 10/18/2007 | 1238 | 48 | F91209 | LA | Lincoln | ||||||||||||||
LA-RTN0252-002 |
THERESA ADAMS | INDIGO MINERALS LLC | 11/1/2007 | 1238 | 51 | F91210 | LA | Lincoln | ||||||||||||||
LA-RTN0252-003 |
SANDRA ADAMS WILSON | INDIGO MINERALS LLC | 11/1/2007 | 1238 | 54 | F91211 | LA | Lincoln | ||||||||||||||
LA-RTN0253-001 |
MONICA WOODARD | INDIGO MINERALS LLC | 10/23/2007 | 1238 | 137 | F91244 | LA | Lincoln | ||||||||||||||
LA-RTN0253-002 |
RONNIE WOODARD | INDIGO MINERALS LLC | 10/23/2007 | 1238 | 139 | F91245 | LA | Lincoln | ||||||||||||||
LA-RTN0253-003 |
ANTHONY WOODARD | INDIGO MINERALS LLC | 10/23/2007 | 1238 | 141 | F91246 | LA | Lincoln | ||||||||||||||
LA-RTN0253-004 |
MARVIN WOODARD | INDIGO MINERALS LLC | 10/23/2007 | 1238 | 143 | F91247 | LA | Lincoln | ||||||||||||||
LA-RTN0254-001 |
MILDRED HENDERSON | INDIGO MINERALS LLC | 10/16/2007 | 1238 | 170 | F91257 | LA | Lincoln | ||||||||||||||
LA-RTN0254-002 |
GLORIA OSBORNE | INDIGO MINERALS LLC | 11/1/2007 | 1238 | 172 | F91258 | LA | Lincoln | ||||||||||||||
LA-RTN0255-001 |
SHIRLEY ANN HALL WHITE | INDIGO MINERALS LLC | 10/12/2007 | 1238 | 174 | F91259 | LA | Lincoln | ||||||||||||||
LA-RTN0255-002 |
ESTHER MAE HALL MUMFORD | INDIGO MINERALS LLC | 10/11/2007 | 1238 | 176 | F91260 | LA | Lincoln | ||||||||||||||
LA-RTN0255-003 |
DEBRA SAPP | INDIGO MINERALS LLC | 10/15/2007 | 1238 | 178 | F91261 | LA | Lincoln | ||||||||||||||
LA-RTN0256-001 |
FRED GOREE | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 223 | F91283 | LA | Lincoln | ||||||||||||||
LA-RTN0256-002 |
JEAN MARIE GOREE BOWMAN | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 225 | F91284 | LA | Lincoln | ||||||||||||||
LA-RTN0257-001 |
JAMES H ROLAND | INDIGO MINERALS LLC | 10/17/2007 | 1238 | 182 | F91263 | LA | Lincoln | ||||||||||||||
LA-RTN0257-002 |
MELLIE BELL ROLLING LYONS | INDIGO MINERALS LLC | 11/15/2007 | 1238 | 185 | F91264 | LA | Lincoln | ||||||||||||||
LA-RTN0257-003 |
CHERYL WAGNER STANDIFER | INDIGO MINERALS LLC | 11/15/2007 | 1238 | 188 | F91265 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||||||
LA-RTN0257-004 |
EMMIE JEAN ROLAND | INDIGO MINERALS LLC | 11/16/2007 | 1238 | 190 | F91266 | LA | Lincoln | ||||||||||||||
LA-RTN0257-005 |
AUDREY WAGNER ROSS | INDIGO MINERALS LLC | 11/16/2007 | 1247 | 111 | F94818 | LA | Lincoln | ||||||||||||||
LA-RTN0257-006 |
GALA WAGNER | INDIGO MINERALS LLC | 3/3/2008 | 1247 | 113 | F94819 | LA | Lincoln | ||||||||||||||
LA-RTN0258-001 |
JACKIE ADAMS | INDIGO MINERALS LLC | 8/29/2007 | 1237 | 690 | F91108 | LA | Lincoln | ||||||||||||||
LA-RTN0258-002 |
BOBBIE J ADAMS | INDIGO MINERALS LLC | 8/29/2007 | 1237 | 693 | F91109 | LA | Lincoln | ||||||||||||||
LA-RTN0258-003 |
SANDRA ADAMS WILSON | INDIGO MINERALS LLC | 8/29/2007 | 1237 | 696 | F91110 | LA | Lincoln | ||||||||||||||
LA-RTN0258-004 |
THERESA ADAMS | INDIGO MINERALS LLC | 8/29/2007 | 1237 | 699 | F91111 | LA | Lincoln | ||||||||||||||
LA-RTN0259-001 |
MELLIE BELL ROLLING LYONS | INDIGO MINERALS LLC | 11/15/2007 | 1238 | 213 | F91278 | LA | Lincoln | ||||||||||||||
LA-RTN0259-002 |
CHERYL WAGNER STANDIFER | INDIGO MINERALS LLC | 11/15/2007 | 1238 | 215 | F91279 | LA | Lincoln | ||||||||||||||
LA-RTN0259-003 |
HURIE TOLSTON | INDIGO MINERALS LLC | 11/15/2007 | 1238 | 217 | F91280 | LA | Lincoln | ||||||||||||||
LA-RTN0259-004 |
EMMIE JEAN ROLAND | INDIGO MINERALS LLC | 11/16/2007 | 1238 | 219 | F91281 | LA | Lincoln | ||||||||||||||
LA-RTN0259-005 |
AUDREY WAGNER ROSS | INDIGO MINERALS LLC | 11/16/2007 | 1247 | 127 | F94826 | LA | Lincoln | ||||||||||||||
LA-RTN0259-006 |
GALA WAGNER | INDIGO MINERALS LLC | 3/3/2008 | 1247 | 130 | F94827 | LA | Lincoln | ||||||||||||||
LA-RTN0260-001 |
BOBBIE RAY BRITTON | INDIGO MINERALS LLC | 9/19/2007 | 1237 | 808 | F91160 | LA | Lincoln | ||||||||||||||
LA-RTN0260-002 |
JAMES EARL WILLIAMS | INDIGO MINERALS LLC | 9/19/2007 | 1237 | 811 | F91161 | LA | Lincoln | ||||||||||||||
LA-RTN0260-003 |
JACKIE LAMAR BRITTON | INDIGO MINERALS LLC | 9/19/2007 | 1237 | 815 | F91162 | LA | Lincoln | ||||||||||||||
LA-RTN0260-004 |
CLAUDE BRITTON III | INDIGO MINERALS LLC | 9/19/2007 | 1237 | 818 | F91163 | LA | Lincoln | ||||||||||||||
LA-RTN0261-001 |
STERLING LEWIS | INDIGO MINERALS LLC | 9/13/2007 | 1237 | 829 | F91168 | LA | Lincoln | ||||||||||||||
LA-RTN0261-002 |
JOE LEWIS | INDIGO MINERALS LLC | 10/3/2007 | 1237 | 832 | F91169 | LA | Lincoln | ||||||||||||||
LA-RTN0261-003 |
HATTIE LEWIS WILLIAMS | INDIGO MINERALS LLC | 10/3/2007 | 1237 | 835 | F91170 | LA | Lincoln | ||||||||||||||
LA-RTN0261-004 |
JUANITA LEWIS | INDIGO MINERALS LLC | 10/3/2007 | 1241 | 779 | F92819 | LA | Lincoln | ||||||||||||||
LA-RTN0261-005 |
EMMA JEAN ROLLING | INDIGO MINERALS LLC | 1/22/2008 | 1241 | 782 | F92820 | LA | Lincoln | ||||||||||||||
LA-RTN0261-006 |
DANNY LEWIS | INDIGO MINERALS LLC | 10/3/2007 | 1241 | 785 | F92821 | LA | Lincoln | ||||||||||||||
LA-RTN0261-007 |
ROSE M DIAL | INDIGO MINERALS LLC | 1/22/2008 | 1241 | 788 | F92822 | LA | Lincoln | ||||||||||||||
LA-RTN0261-008 |
GAIL LEWIS | INDIGO MINERALS LLC | 1/23/2008 | 1241 | 791 | F92823 | LA | Lincoln | ||||||||||||||
LA-RTN0261-009 |
BOBBY COOPER | INDIGO MINERALS LLC | 10/3/2007 | 1241 | 794 | F92824 | LA | Lincoln | ||||||||||||||
LA-RTN0261-010 |
EDWARD LEWIS | INDIGO MINERALS LLC | 1/24/2008 | 1244 | 608 | F93941 | LA | Lincoln | ||||||||||||||
LA-RTN0261-011 |
CAROLYN MAXINE LEWIS | INDIGO MINERALS LLC | 1/24/2008 | 1244 | 611 | F93942 | LA | Lincoln | ||||||||||||||
LA-RTN0261-012 |
JERRY LEWIS | INDIGO MINERALS LLC | 8/11/2008 | 1264 | 166 | F101170 | LA | Lincoln | ||||||||||||||
LA-RTN0262-001 |
FRIDAY WILLIAMS | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 844 | F91173 | LA | Lincoln | ||||||||||||||
LA-RTN0262-002 |
SHEILA WILLIAMS | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 846 | F91174 | LA | Lincoln | ||||||||||||||
LA-RTN0262-003 |
JOHNATHAN WILLIAMS | INDIGO MINERALS LLC | 9/17/2007 | 1237 | 848 | F91175 | LA | Lincoln | ||||||||||||||
LA-RTN0262-004 |
PEARL C MILLER WILLIAMS | INDIGO MINERALS LLC | 10/13/2007 | 1237 | 850 | F91176 | LA | Lincoln | ||||||||||||||
LA-RTN0262-005 |
CLIFFORD WILLIAMS | INDIGO MINERALS LLC | 10/13/2007 | 1237 | 852 | F91177 | LA | Lincoln | ||||||||||||||
LA-RTN0262-006 |
CHRISTOPHER A WILLIAMS | INDIGO MINERALS LLC | 8/3/2011 | 1304 | 371 | F119652 | LA | Lincoln | ||||||||||||||
LA-RTN0263-001 |
CALDWELL DUNN ET UX | INDIGO MINERALS LLC | 10/17/2007 | 1238 | 44 | F91207 | LA | Lincoln | ||||||||||||||
LA-RTN0263-002 |
BENJAMIN DUNN ET UX | INDIGO MINERALS LLC | 10/17/2007 | 1238 | 46 | F91208 | LA | Lincoln | ||||||||||||||
LA-RTN0264-001 |
MARY ANN HUDSON MALCOLM | INDIGO MINERALS LLC | 8/14/2007 | 1237 | 702 | F91112 | LA | Lincoln | ||||||||||||||
LA-RTN0264-002 |
MARLONDA KENISE MALCOLM | INDIGO MINERALS LLC | 8/14/2007 | 1237 | 705 | F91113 | LA | Lincoln | ||||||||||||||
LA-RTN0265-001 |
CASCILE WOODARD WILDER, REPRESENTED | INDIGO MINERALS LLC | 9/26/2007 | 1237 | 821 | F91164 | LA | Lincoln | ||||||||||||||
LA-RTN0265-002 |
RICHARD DORSEY | INDIGO MINERALS LLC | 6/24/2007 | 1237 | 823 | F91165 | LA | Lincoln | ||||||||||||||
LA-RTN0265-003 |
REGINA WILDER | INDIGO MINERALS LLC | 9/24/2007 | 1237 | 825 | F91166 | LA | Lincoln | ||||||||||||||
LA-RTN0265-004 |
DELESHA WILDER POUNCY | INDIGO MINERALS LLC | 10/4/2007 | 1237 | 827 | F91167 | LA | Lincoln | ||||||||||||||
LA-RTN0265-005 |
NIKIA WILDER | INDIGO MINERALS LLC | 5/21/2009 | 1278 | 404 | F107854 | LA | Lincoln | ||||||||||||||
LA-RTN0266-001 |
FREDERICK ADAMS | INDIGO MINERALS LLC | 10/3/2007 | 1238 | 116 | F91234 | LA | Lincoln | ||||||||||||||
LA-RTN0266-002 |
WILLIAM E ADAMS | INDIGO MINERALS LLC | 10/3/2007 | 1238 | 119 | F91235 | LA | Lincoln | ||||||||||||||
LA-RTN0266-003 |
JESSIEL ADAMS EVANS | INDIGO MINERALS LLC | 10/3/2007 | 1238 | 122 | F91236 | LA | Lincoln | ||||||||||||||
LA-RTN0266-004 |
JOSEPH ADAMS | INDIGO MINERALS LLC | 10/3/2007 | 1238 | 125 | F91237 | LA | Lincoln | ||||||||||||||
LA-RTN0266-005 |
VIRGIA LEE ADAMS MOORE | INDIGO MINERALS LLC | 10/3/2007 | 1238 | 128 | F91238 | LA | Lincoln | ||||||||||||||
LA-RTN0266-006 |
SHARON ADAMS | INDIGO MINERALS LLC | 2/21/2008 | 1244 | 615 | F93943 | LA | Lincoln | ||||||||||||||
LA-RTN0266-007 |
CRAIG ADAMS | INDIGO MINERALS LLC | 2/22/2008 | 1244 | 617 | F93944 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||||||
LA-RTN0266-008 |
JOHN ADAMS | INDIGO MINERALS LLC | 2/27/2008 | 1247 | 108 | F94817 | LA | Lincoln | ||||||||||||||
LA-RTN0266-009 |
GRAYLEN ADAMS | INDIGO MINERALS LLC | 2/21/2008 | 1247 | 105 | F94816 | LA | Lincoln | ||||||||||||||
LA-RTN0267-001 |
WILLIE R SHELTON JR | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 688 | F91107 | LA | Lincoln | ||||||||||||||
LA-RTN0267-002 |
ELSIE SHELTON MALCOLM | INDIGO MINERALS LLC | 8/16/2007 | 1237 | 686 | F91106 | LA | Lincoln | ||||||||||||||
LA-RTN0268-001 |
PHILIP D MAY, JR | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 152 | F91251 | LA | Lincoln | ||||||||||||||
LA-RTN0268-002 |
GREGGORY O MAY | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 155 | F91252 | LA | Lincoln | ||||||||||||||
LA-RTN0268-003 |
MILTON L MAY | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 158 | F91253 | LA | Lincoln | ||||||||||||||
LA-RTN0268-004 |
GUSSIE L MAY | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 161 | F91254 | LA | Lincoln | ||||||||||||||
LA-RTN0268-005 |
RICHARD C MAY | INDIGO MINERALS LLC | 10/24/2007 | 1238 | 164 | F91255 | LA | Lincoln | ||||||||||||||
LA-RTN0269-001 |
JOYCE AUGUSTINE ELMORE | INDIGO MINERALS LLC | 9/4/2007 | 1237 | 723 | F91121 | LA | Lincoln | ||||||||||||||
LA-RTN0269-002 |
EMILE MORRIS AUGUSTINE | INDIGO MINERALS LLC | 9/6/2007 | 1237 | 725 | F91122 | LA | Lincoln | ||||||||||||||
LA-RTN0269-003 |
JACQUELINE AUGUSTINE FOSTER | INDIGO MINERALS LLC | 9/4/2007 | 1237 | 727 | F91123 | LA | Lincoln | ||||||||||||||
LA-RTN0269-004 |
DONARDO AUGUSTINE | INDIGO MINERALS LLC | 9/6/2007 | 1237 | 729 | F91124 | LA | Lincoln | ||||||||||||||
LA-RTN0269-005 |
BARON RICHARD AUGUSTINE | INDIGO MINERALS LLC | 9/6/2007 | 1237 | 731 | F91125 | LA | Lincoln | ||||||||||||||
LA-RTN0269-006 |
JUDITH L DUREN | INDIGO MINERALS LLC | 10/30/2007 | 1237 | 733 | F91126 | LA | Lincoln | ||||||||||||||
LA-RTN0270-001 |
JAMES EARL WILLIAMS ET UX | INDIGO MINERALS LLC | 9/19/2007 | 1237 | 840 | F91172 | LA | Lincoln | ||||||||||||||
LA-RTN0270-002 |
MICHAEL FORD | INDIGO MINERALS LLC | 11/26/2007 | 1258 | 18 | F98795 | LA | Lincoln | ||||||||||||||
LA-RTN0270-003 |
DARRYL FORD | INDIGO MINERALS LLC | 6/24/2008 | 1262 | 438 | F100512 | LA | Lincoln | ||||||||||||||
LA-RTN0271-001 |
MILTON CANDLER | INDIGO MINERALS LLC | 10/2/2007 | 1238 | 23 | F91196 | LA | Lincoln | ||||||||||||||
1238 | 192 | F91267 | ||||||||||||||||||||
LA-RTN0272-001 |
WILLIE BELL SIMPSON JACKSON | INDIGO MINERALS LLC | 11/2/2007 | 1238 | 194 | F91268 | LA | Lincoln | ||||||||||||||
LA-RTN0272-002 |
EDNA BERNADENE JACKSON CARTER | INDIGO MINERALS LLC | 12/7/2007 | 1241 | 797 | F92825 | LA | Lincoln | ||||||||||||||
LA-RTN0272-003 |
OPAL WILLIAMS | INDIGO MINERALS LLC | 11/7/2007 | 1241 | 799 | F92826 | LA | Lincoln | ||||||||||||||
LA-RTN0272-004 |
RUDOLPH FELTON JACKSON | INDIGO MINERALS LLC | 11/13/2007 | 1241 | 801 | F92827 | LA | Lincoln | ||||||||||||||
LA-RTN0272-005 |
ALTON ROANE | INDIGO MINERALS LLC | 12/12/2007 | 1241 | 803 | F92828 | LA | Lincoln | ||||||||||||||
LA-RTN0272-006 |
RODNEY JACKSON | INDIGO MINERALS LLC | 1/10/2008 | 1241 | 805 | F92829 | LA | Lincoln | ||||||||||||||
LA-RTN0272-007 |
JERRELL SCOTT | INDIGO MINERALS LLC | 1/15/2008 | 1241 | 807 | F92830 | LA | Lincoln | ||||||||||||||
LA-RTN0272-008 |
RECIO JACKSON | INDIGO MINERALS LLC | 1/4/2008 | 1241 | 809 | F92831 | LA | Lincoln | ||||||||||||||
LA-RTN0272-009 |
HOWARD JACKSON | INDIGO MINERALS LLC | 3/5/2008 | 1244 | 619 | F93945 | LA | Lincoln | ||||||||||||||
LA-RTN0272-010 |
WILLIE GENE SCOTT | INDIGO MINERALS LLC | 3/5/2008 | 1244 | 621 | F93946 | LA | Lincoln | ||||||||||||||
LA-RTN0272-011 |
WILLIE JAMES SCOTT | INDIGO MINERALS LLC | 3/5/2008 | 1244 | 623 | F93947 | LA | Lincoln | ||||||||||||||
LA-RTN0272-012 |
CEDRICK S JACKSON | INDIGO MINERALS LLC | 3/6/2008 | 1244 | 625 | F93948 | LA | Lincoln | ||||||||||||||
LA-RTN0272-013 |
EVELYN JACKSON DEVINE | INDIGO MINERALS LLC | 3/4/2008 | 1244 | 627 | F93949 | LA | Lincoln | ||||||||||||||
LA-RTN0272-014 |
PATRICK M JOHNSON | INDIGO MINERALS LLC | 1/31/2008 | 1244 | 629 | F93950 | LA | Lincoln | ||||||||||||||
LA-RTN0272-015 |
TRACY L RICHARDSON | INDIGO MINERALS LLC | 3/4/2008 | 1247 | 115 | F94820 | LA | Lincoln | ||||||||||||||
LA-RTN0272-016 |
LYDIA S JACKSON | INDIGO MINERALS LLC | 3/6/2008 | 1247 | 117 | F94821 | LA | Lincoln | ||||||||||||||
LA-RTN0272-017 |
CLAUDE JACKSON | INDIGO MINERALS LLC | 1/22/2008 | 1247 | 121 | F94823 | LA | Lincoln | ||||||||||||||
LA-RTN0272-018 |
SHADONNA OLUGU | INDIGO MINERALS LLC | 1/31/2008 | 1247 | 119 | F94822 | LA | Lincoln | ||||||||||||||
LA-RTN0272-019 |
HAROLD EDWARD JACKSON | INDIGO MINERALS LLC | 3/5/2008 | 1247 | 123 | F94824 | LA | Lincoln | ||||||||||||||
LA-RTN0272-020 |
PHYLLIS J SMOOTS | INDIGO MINERALS LLC | 3/4/2008 | 1247 | 125 | F94825 | LA | Lincoln | ||||||||||||||
LA-RTN0272-021 |
STEVE JACKSON | INDIGO MINERALS LLC | 3/10/2008 | 1252 | 216 | F97115 | LA | Lincoln | ||||||||||||||
LA-RTN0272-022 |
CHRISTOPHER JACKSON | INDIGO MINERALS LLC | 6/10/2008 | 1262 | 436 | F100511 | LA | Lincoln | ||||||||||||||
LA-RTN0272-023 |
KATHY JACKSON ROSS | INDIGO MINERALS LLC | 3/4/2008 | 1244 | 639 | F93955 | LA | Lincoln | ||||||||||||||
LA-RTN0272-024 |
MARGE ALANA ADAMS | INDIGO MINERALS LLC | 9/2/2009 | 1278 | 398 | F107852 | LA | Lincoln | ||||||||||||||
LA-RTN0272-025 |
NORMAN O JACKSON JR | INDIGO MINERALS LLC | 8/31/2009 | 1278 | 415 | F107858 | LA | Lincoln | ||||||||||||||
LA-RTN0272-026 |
BRENDA ANN JACKSON | INDIGO MINERALS LLC | 8/31/2009 | 1279 | 681 | F108500 | LA | Lincoln | ||||||||||||||
LA-RTN0272-027 |
MAURICE DARVEZ JACKSON | INDIGO MINERALS LLC | 10/12/2009 | 1279 | 690 | F108503 | LA | Lincoln | ||||||||||||||
LA-RTN0273-001 |
JAMES C RICHARD | INDIGO MINERALS LLC | 11/7/2007 | 1238 | 197 | F91270 | LA | Lincoln | ||||||||||||||
LA-RTN0273-002 |
LAMAR RICHARD | INDIGO MINERALS LLC | 11/7/2007 | 1241 | 811 | F92832 | LA | Lincoln | ||||||||||||||
LA-RTN0273-003 |
THOMAS G RICHARD | INDIGO MINERALS LLC | 11/12/2007 | 1241 | 813 | F92833 | LA | Lincoln | ||||||||||||||
LA-RTN0273-004 |
PAMELA MADISON | INDIGO MINERALS LLC | 11/7/2007 | 1241 | 815 | F92834 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||||||
LA-RTN0273-005 |
JAMES R RICHARD | INDIGO MINERALS LLC | 11/26/2007 | 1244 | 631 | F93951 | LA | Lincoln | ||||||||||||||
LA-RTN0274-001 |
JAMES C RICHARD | INDIGO MINERALS LLC | 11/7/2007 | 1238 | 199 | F91271 | LA | Lincoln | ||||||||||||||
LA-RTN0274-002 |
LAMAR RICHARD | INDIGO MINERALS LLC | 11/7/2007 | 1241 | 817 | F92835 | LA | Lincoln | ||||||||||||||
LA-RTN0274-003 |
PAMELA MADISON | INDIGO MINERALS LLC | 11/7/2007 | 1241 | 819 | F92836 | LA | Lincoln | ||||||||||||||
LA-RTN0274-004 |
THOMAS G RICHARD | INDIGO MINERALS LLC | 11/12/2007 | 1241 | 821 | F92837 | LA | Lincoln | ||||||||||||||
LA-RTN0274-005 |
JAMES R RICHARD | INDIGO MINERALS LLC | 11/26/2007 | 1241 | 823 | F92838 | LA | Lincoln | ||||||||||||||
LA-RTN0275-001 |
EARNEST JEAN NELSON | INDIGO MINERALS LLC | 11/5/2007 | 1238 | 201 | F91272 | LA | Lincoln | ||||||||||||||
LA-RTN0275-002 |
KATTYE L GILES | INDIGO MINERALS LLC | 11/5/2007 | 1241 | 825 | F92839 | LA | Lincoln | ||||||||||||||
LA-RTN0275-003 |
VERNICE GILES | INDIGO MINERALS LLC | 11/5/2007 | 1241 | 828 | F92840 | LA | Lincoln | ||||||||||||||
LA-RTN0276-001 |
HURIE TOLSTON | INDIGO MINERALS LLC | 11/15/2007 | 1238 | 221 | F91282 | LA | Lincoln | ||||||||||||||
LA-RTN0277-000 |
CARRIE WOODARD WILLIAMS | INDIGO MINERALS LLC | 10/22/2007 | 1238 | 131 | F91239 | LA | Lincoln | ||||||||||||||
LA-RTN0278-000 |
IDELL MOORE SHELTON ET AL | INDIGO MINERALS LLC | 11/7/2007 | 1238 | 208 | F91275 | LA | Lincoln | ||||||||||||||
LA-RTN0279-001 |
REYNELL FORD WILLIAMS | INDIGO MINERALS LLC | 11/8/2007 | 1241 | 830 | F92841 | LA | Lincoln | ||||||||||||||
LA-RTN0279-002 |
MAVIS DENIA FORD PERRY HOOF | INDIGO MINERALS LLC | 11/24/2007 | 1238 | 256 | F91293 | LA | Lincoln | ||||||||||||||
LA-RTN0279-003 |
RONALD FORD | INDIGO MINERALS LLC | 6/24/2008 | 1256 | 54 | F98283 | LA | Lincoln | ||||||||||||||
LA-RTN0280-000 |
ANGELA RENAE HOUSTON | INDIGO MINERALS LLC | 9/25/2007 | 1241 | 832 | F92842 | LA | Lincoln | ||||||||||||||
LA-RTN0281-001 |
LENARD GAULDEN | INDIGO MINERALS LLC | 11/19/2007 | 1238 | 258 | F91294 | LA | Lincoln | ||||||||||||||
LA-RTN0281-002 |
FELECIA VANLANDINGHAM | INDIGO MINERALS LLC | 11/14/2007 | 1238 | 261 | F91295 | LA | Lincoln | ||||||||||||||
LA-RTN0282-001 |
PATRICIA MAY | INDIGO MINERALS LLC | 11/30/2007 | 1238 | 264 | F91296 | LA | Lincoln | ||||||||||||||
LA-RTN0282-002 |
DEBORAH JENKINS | INDIGO MINERALS LLC | 11/30/2007 | 1238 | 266 | F91297 | LA | Lincoln | ||||||||||||||
LA-RTN0282-003 |
JERRY BROWN | INDIGO MINERALS LLC | 12/4/2007 | 1238 | 268 | F91298 | LA | Lincoln | ||||||||||||||
LA-RTN0282-004 |
LORRAINE LEWIS | INDIGO MINERALS LLC | 12/4/2007 | 1241 | 834 | F92843 | LA | Lincoln | ||||||||||||||
LA-RTN0282-005 |
DARLENE WALLACE | INDIGO MINERALS LLC | 11/30/2007 | 1241 | 836 | F92844 | LA | Lincoln | ||||||||||||||
LA-RTN0282-006 |
JESSE BROWN | INDIGO MINERALS LLC | 12/3/2007 | 1244 | 633 | F93952 | LA | Lincoln | ||||||||||||||
LA-RTN0282-007 |
HENRY L BROWN | INDIGO MINERALS LLC | 12/11/2007 | 1248 | 665 | F95356 | LA | Lincoln | ||||||||||||||
LA-RTN0282-008 |
WILLARD BROWN JR | INDIGO MINERALS LLC | 11/23/2009 | 1281 | 605 | F109317 | LA | Lincoln | ||||||||||||||
LA-RTN0283-001 |
EDWARD T FOX JR | INDIGO MINERALS LLC | 12/5/2007 | 1238 | 270 | F91299 | LA | Lincoln | ||||||||||||||
LA-RTN0284-001 |
OTHA RAY BURKS, JR | INDIGO MINERALS LLC | 11/28/2007 | 1238 | 272 | F91300 | LA | Lincoln | ||||||||||||||
LA-RTN0285-001 |
CHARLES H OWENS | INDIGO MINERALS LLC | 12/3/2007 | 1238 | 274 | F91301 | LA | Lincoln | ||||||||||||||
LA-RTN0285-002 |
REGINALD OWENS | INDIGO MINERALS LLC | 12/3/2007 | 1238 | 277 | F91302 | LA | Lincoln | ||||||||||||||
LA-RTN0285-003 |
VERONICA OWENS | INDIGO MINERALS LLC | 11/30/2007 | 1238 | 280 | F91303 | LA | Lincoln | ||||||||||||||
LA-RTN0285-004 |
LANA SIMPSON | INDIGO MINERALS LLC | 11/30/2007 | 1238 | 283 | F91304 | LA | Lincoln | ||||||||||||||
LA-RTN0285-005 |
PREVIA OWENS | INDIGO MINERALS LLC | 11/30/2007 | 1241 | 838 | F92845 | LA | Lincoln | ||||||||||||||
LA-RTN0285-006 |
DON OWENS | INDIGO MINERALS LLC | 11/30/2007 | 1241 | 841 | F92846 | LA | Lincoln | ||||||||||||||
LA-RTN0286-000 |
BEVERLY FAYE SHERMAN ARCHIE | INDIGO MINERALS LLC | 8/16/2007 | 1241 | 844 | F92847 | LA | Lincoln | ||||||||||||||
LA-RTN0287-000 |
CATHERINE LEE HASSEN BOWDEN | INDIGO MINERALS LLC | 10/3/2007 | 1241 | 847 | F92848 | LA | Lincoln | ||||||||||||||
LA-RTN0288-001 |
ROBERT EARL CANNON | INDIGO MINERALS LLC | 12/11/2007 | 1241 | 850 | F92849 | LA | Lincoln | ||||||||||||||
LA-RTN0288-002 |
CHARLES GARR JR | INDIGO MINERALS LLC | 12/4/2007 | 1242 | 1 | F92850 | LA | Lincoln | ||||||||||||||
LA-RTN0288-003 |
KENNETH GARR | INDIGO MINERALS LLC | 12/4/2007 | 1242 | 3 | F92851 | LA | Lincoln | ||||||||||||||
LA-RTN0288-004 |
KIMBERLY GARR | INDIGO MINERALS LLC | 12/4/2007 | 1242 | 5 | F92852 | LA | Lincoln | ||||||||||||||
LA-RTN0288-005 |
EDWARD CANNON | INDIGO MINERALS LLC | 12/14/2007 | 1260 | 25 | F99501 | LA | Lincoln | ||||||||||||||
LA-RTN0288-006 |
HENRY EARL GARR | INDIGO MINERALS LLC | 10/28/2008 | 1263 | 598 | F100983 | LA | Lincoln | ||||||||||||||
LA-RTN0289-000 |
JESSIE JENKINS | INDIGO MINERALS LLC | 12/18/2007 | 1242 | 7 | F92853 | LA | Lincoln | ||||||||||||||
1242 | 009 | F92854 | ||||||||||||||||||||
1242 | 009 | F92854 | ||||||||||||||||||||
LA-RTN0290-000 |
WAFER CREEK RANCH LLC | INDIGO MINERALS LLC | 12/10/2007 | 1242 | 009 | F92854 | LA | Lincoln | ||||||||||||||
LA-RTN0291-000 |
ABIGAIL ELAINE ARMSTRONG | INDIGO MINERALS LLC | 12/10/2007 | 1242 | 12 | F92855 | LA | Lincoln | ||||||||||||||
LA-RTN0292-001 |
CHARLES GARR JR | INDIGO MINERALS LLC | 12/4/2007 | 1242 | 15 | F92856 | LA | Lincoln | ||||||||||||||
LA-RTN0292-002 |
KIMBERLY GARR | INDIGO MINERALS LLC | 12/4/2007 | 1242 | 17 | F92857 | LA | Lincoln | ||||||||||||||
LA-RTN0292-003 |
KENNETH GARR | INDIGO MINERALS LLC | 12/4/2007 | 1242 | 19 | F92858 | LA | Lincoln | ||||||||||||||
LA-RTN0292-004 |
HENRY EARL GARR | INDIGO MINERALS LLC | 10/28/2008 | 1263 | 596 | F100984 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0293-000 |
TERRY P CHEEKS ET UX | INDIGO MINERALS LLC | 8/29/2007 | 1242 | 21 | F92859 | LA | Lincoln | ||||||||||
LA-RTN0294-001 |
HOWARD JACKSON | INDIGO MINERALS LLC | 1/7/2008 | 1242 | 23 | F92860 | LA | Lincoln | ||||||||||
LA-RTN0294-002 |
HAROLD JACKSON | INDIGO MINERALS LLC | 1/7/2008 | 1242 | 25 | F92861 | LA | Lincoln | ||||||||||
LA-RTN0294-003 |
WILLIE JAMES SCOTT | INDIGO MINERALS LLC | 1/7/2008 | 1242 | 27 | F92862 | LA | Lincoln | ||||||||||
LA-RTN0294-004 |
WILLIE GENE SCOTT | INDIGO MINERALS LLC | 1/7/2008 | 1242 | 29 | F92863 | LA | Lincoln | ||||||||||
LA-RTN0294-005 |
JERRELL SCOTT | INDIGO MINERALS LLC | 1/7/2008 | 1242 | 31 | F92864 | LA | Lincoln | ||||||||||
LA-RTN0294-006 |
EVELYN JACKSON DEVINE | INDIGO MINERALS LLC | 1/7/2008 | 1242 | 33 | F92865 | LA | Lincoln | ||||||||||
LA-RTN0294-007 |
RODNEY JACKSON | INDIGO MINERALS LLC | 1/7/2008 | 1242 | 35 | F92866 | LA | Lincoln | ||||||||||
LA-RTN0294-008 |
TRACY L RICHARDSON | INDIGO MINERALS LLC | 1/7/2008 | 1244 | 635 | F93953 | LA | Lincoln | ||||||||||
LA-RTN0294-009 |
CEDRICK S JACKSON | INDIGO MINERALS LLC | 3/6/2008 | 1244 | 637 | F93954 | LA | Lincoln | ||||||||||
LA-RTN0294-010 |
KATHY JACKSON ROSS | INDIGO MINERALS LLC | 3/4/2008 | 1271 | 499 | F104438 | LA | Lincoln | ||||||||||
LA-RTN0294-011 |
LYDIA S JACKSON | INDIGO MINERALS LLC | 3/6/2008 | 1247 | 132 | F94828 | LA | Lincoln | ||||||||||
LA-RTN0294-012 |
SHADONNA OLUGU | INDIGO MINERALS LLC | 1/7/2008 | 1247 | 134 | F94829 | LA | Lincoln | ||||||||||
LA-RTN0294-013 |
PHYLLIS J SMOOTS | INDIGO MINERALS LLC | 3/4/2008 | 1247 | 136 | F94830 | LA | Lincoln | ||||||||||
LA-RTN0294-014 |
RECIO JACKSON | INDIGO MINERALS LLC | 4/16/2008 | 1250 | 681 | F96371 | LA | Lincoln | ||||||||||
LA-RTN0294-015 |
STEVE JACKSON | INDIGO MINERALS LLC | 7/7/2008 | 1252 | 218 | F97116 | LA | Lincoln | ||||||||||
LA-RTN0294-016 |
CLAUDE F JACKSON | INDIGO MINERALS LLC | 3/10/2008 | 1256 | 71 | F98289 | LA | Lincoln | ||||||||||
LA-RTN0295-001 |
RODNEY JACKSON | INDIGO MINERALS LLC | 1/10/2008 | 1242 | 37 | F92867 | LA | Lincoln | ||||||||||
LA-RTN0295-002 |
RECIO JACKSON | INDIGO MINERALS LLC | 1/4/2008 | 1242 | 39 | F92868 | LA | Lincoln | ||||||||||
LA-RTN0296-000 |
LEON SMITH ET UX | INDIGO MINERALS LLC | 1/16/2008 | 1242 | 41 | F92869 | LA | Lincoln | ||||||||||
LA-RTN0297-001 |
LEON SMITH ET UX | INDIGO MINERALS LLC | 1/16/2008 | 1242 | 45 | F92870 | LA | Lincoln | ||||||||||
LA-RTN0297-002 |
JOHN D BARABIN JR | INDIGO MINERALS LLC | 1/16/2008 | 1242 | 49 | F92871 | LA | Lincoln | ||||||||||
LA-RTN0298-001 |
KATHIE G ANDERSON | INDIGO MINERALS LLC | 1/23/2008 | 1242 | 53 | F92872 | LA | Lincoln | ||||||||||
LA-RTN0298-002 |
JENNIFER B HENDERSON | INDIGO MINERALS LLC | 1/23/2008 | 1242 | 57 | F92873 | LA | Lincoln | ||||||||||
LA-RTN0298-003 |
ROSALIND HENDERSON HARRIS | INDIGO MINERALS LLC | 1/23/2008 | 1242 | 61 | F92874 | LA | Lincoln | ||||||||||
LA-RTN0299-001 |
DENNIS DAVID OBANION | INDIGO MINERALS LLC | 1/30/2008 | 1242 | 71 | F92877 | LA | Lincoln | ||||||||||
LA-RTN0299-002 |
NELWYN ANN OBANION BIRCH | INDIGO MINERALS LLC | 10/26/2007 | 1242 | 74 | F92878 | LA | Lincoln | ||||||||||
LA-RTN0300-000 |
ALBERT GROVER GRAHAM ET UX | INDIGO MINERALS LLC | 1/28/2008 | 1242 | 79 | F92880 | LA | Lincoln | ||||||||||
1242 | 81 | F92881 | ||||||||||||||||
1242 | 81 | F92881 | ||||||||||||||||
LA-RTN0301-000 |
ALBERT GROVER GRAHAM ET AL | INDIGO MINERALS LLC | 1/28/2008 | 1242 | 81 | F92881 | LA | Lincoln | ||||||||||
LA-RTN0302-001 |
VANESSA KING | INDIGO MINERALS LLC | 1/17/2008 | 1242 | 77 | F92879 | LA | Lincoln | ||||||||||
LA-RTN0302-002 |
LARRY FORD | INDIGO MINERALS LLC | 1/17/2008 | 1244 | 641 | F93956 | LA | Lincoln | ||||||||||
LA-RTN0303-000 |
LOUIS C FORD | BETA LAND SERVICES LLC | 8/11/2006 | 1222 | 359 | F84858 | LA | Lincoln | ||||||||||
LA-RTN0304-000 |
EDDIE JOE NELSON | BETA LAND SERVICES LLC | 6/16/2006 | 1222 | 362 | F84859 | LA | Lincoln | ||||||||||
LA-RTN0305-000 |
WILLIS REED ET UX | BETA LAND SERVICES LLC | 8/18/2006 | 1222 | 397 | F84870 | LA | Lincoln | ||||||||||
LA-RTN0306-001 |
RENNETH Y REED | BETA LAND SERVICES LLC | 8/23/2006 | 1222 | 435 | F84882 | LA | Lincoln | ||||||||||
LA-RTN0306-002 |
DAISY REED HAMILTON | INDIGO MINERALS LLC | 7/1/2009 | 1274 | 377 | F105808 | LA | Lincoln | ||||||||||
LA-RTN0306-003 |
ROSIE REED FLANIGAN | INDIGO MINERALS LLC | 7/1/2009 | 1274 | 379 | F105809 | LA | Lincoln | ||||||||||
LA-RTN0306-004 |
CARRIE REED DEVAUGHN | INDIGO MINERALS LLC | 7/1/2009 | 1274 | 381 | F105810 | LA | Lincoln | ||||||||||
LA-RTN0306-005 |
THEODORE MACEO REED | INDIGO MINERALS LLC | 7/1/2009 | 1274 | 383 | F105811 | LA | Lincoln | ||||||||||
LA-RTN0306-006 |
TALMAGE BELANDA REED | INDIGO MINERALS LLC | 7/1/2009 | 1274 | 385 | F105812 | LA | Lincoln | ||||||||||
LA-RTN0306-007 |
MARY DELORES GUNNELS | INDIGO MINERALS LLC | 7/1/2009 | 1274 | 387 | F105813 | LA | Lincoln | ||||||||||
LA-RTN0306-008 |
CHARLENE DENISE WILLIAMS | INDIGO MINERALS LLC | 7/1/2009 | 1274 | 389 | F105814 | LA | Lincoln | ||||||||||
LA-RTN0306-009 |
MICHAEL ANTHONY WILLIAMS | INDIGO MINERALS LLC | 7/1/2009 | 1275 | 351 | F106275 | LA | Lincoln | ||||||||||
LA-RTN0307-000 |
MAVIS FORD HOOF | BETA LAND SERVICES LLC | 11/17/2006 | 1222 | 507 | F84904 | LA | Lincoln | ||||||||||
LA-RTN0308-000 |
DENRICK EARL LEWIS ET UX | BETA LAND SERVICES LLC | 8/10/2006 | 1222 | 356 | F84857 | LA | Lincoln | ||||||||||
LA-RTN0309-000 |
RITA DAVENPORT DAVIS ET AL | BETA LAND SERVICES LLC | 7/27/2006 | 1222 | 323 | F84847 | LA | Lincoln | ||||||||||
LA-RTN0310-000 |
HOWARD LEE BROWN, ET UX | BETA LAND SERVICES LLC | 6/21/2006 | 1222 | 272 | F84831 | LA | Lincoln | ||||||||||
LA-RTN0311-000 |
KYLE SCOTT DAVENPORT | BETA LAND SERVICES LLC | 7/28/2006 | 1222 | 438 | F84883 | LA | Lincoln | ||||||||||
LA-RTN0312-001 |
PRISCILLA HEARD BOWMAN | BETA LAND SERVICES LLC | 4/13/2006 | 1221 | 850 | F84752 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0312-002 |
DR JOHN M ARMSTRONG III | BETA LAND SERVICES LLC | 4/13/2006 | 1222 | 1 | F84753 | LA | Lincoln | ||||||||||
LA-RTN0312-003 |
THE BROWNLAND CORPORATION | BETA LAND SERVICES LLC | 4/20/2006 | 1222 | 5 | F84754 | LA | Lincoln | ||||||||||
LA-RTN0312-004 |
MARY ELEANOR HARRIS TEMPLE | BETA LAND SERVICES LLC | 4/27/2006 | 1222 | 9 | F84755 | LA | Lincoln | ||||||||||
LA-RTN0312-005 |
ELEANOR H BROWN | BETA LAND SERVICES LLC | 4/27/2006 | 1222 | 14 | F84756 | LA | Lincoln | ||||||||||
LA-RTN0312-006 |
CARRIE LEE HEARD LINK | BETA LAND SERVICES LLC | 5/3/2006 | 1222 | 19 | F84757 | LA | Lincoln | ||||||||||
LA-RTN0312-007 |
ALICE HEARD | BETA LAND SERVICES LLC | 5/3/2006 | 1222 | 23 | F84758 | LA | Lincoln | ||||||||||
LA-RTN0312-008 |
MELANIE CARSON HARRIS ZACHRY | BETA LAND SERVICES LLC | 9/21/2006 | 1222 | 27 | F84759 | LA | Lincoln | ||||||||||
LA-RTN0313-001 |
WILLIAM L GARNER JR | INDIGO MINERALS LLC | 1/23/2008 | 1242 | 65 | F92875 | LA | Lincoln | ||||||||||
LA-RTN0313-002 |
MIRIAM GARNER ANTOINE | INDIGO MINERALS LLC | 1/23/2008 | 1242 | 68 | F92876 | LA | Lincoln | ||||||||||
LA-RTN0314-000 |
ALICE OSBORNE DANNER | INDIGO MINERALS LLC | 1/29/2008 | 1244 | 643 | F93957 | LA | Lincoln | ||||||||||
LA-RTN0315-001 |
CONNIE CANDLER | INDIGO MINERALS LLC | 11/30/2007 | 1244 | 645 | F93958 | LA | Lincoln | ||||||||||
LA-RTN0315-002 |
BETTY CANDLER | INDIGO MINERALS LLC | 11/30/2007 | 1247 | 138 | F94831 | LA | Lincoln | ||||||||||
LA-RTN0315-003 |
GRACIE TAYLOR | INDIGO MINERALS LLC | 11/30/2007 | 1247 | 140 | F94832 | LA | Lincoln | ||||||||||
LA-RTN0315-004 |
JACKIE PHILLIPS | INDIGO MINERALS LLC | 11/30/2007 | 1247 | 142 | F94833 | LA | Lincoln | ||||||||||
LA-RTN0315-005 |
GERRY CANDLER | INDIGO MINERALS LLC | 11/30/2007 | 1251 | 585 | F96839 | LA | Lincoln | ||||||||||
LA-RTN0316-001 |
MARY FRANCES COMBS | INDIGO MINERALS LLC | 3/6/2008 | 1244 | 647 | F93959 | LA | Lincoln | ||||||||||
LA-RTN0316-002 |
CORENE CAMP | INDIGO MINERALS LLC | 3/6/2008 | 1244 | 649 | F93960 | LA | Lincoln | ||||||||||
LA-RTN0316-003 |
GEORGE COLEMAN JR | INDIGO MINERALS LLC | 3/6/2008 | 1244 | 651 | F93961 | LA | Lincoln | ||||||||||
LA-RTN0316-004 |
LASHAWN MIGGINS | INDIGO MINERALS LLC | 3/6/2008 | 1244 | 653 | F93962 | LA | Lincoln | ||||||||||
LA-RTN0316-005 |
ANNETTE HOLLOWAY | INDIGO MINERALS LLC | 3/6/2008 | 1247 | 144 | F94834 | LA | Lincoln | ||||||||||
LA-RTN0316-006 |
YVONNE HARRIS | INDIGO MINERALS LLC | 3/6/2008 | 1247 | 147 | F94835 | LA | Lincoln | ||||||||||
LA-RTN0316-007 |
BARBARA MORGAN | INDIGO MINERALS LLC | 3/6/2008 | 1247 | 150 | F94836 | LA | Lincoln | ||||||||||
LA-RTN0316-008 |
ROBERT COLEMAN | INDIGO MINERALS LLC | 3/6/2008 | 1250 | 683 | F96372 | LA | Lincoln | ||||||||||
LA-RTN0316-009 |
IDA TIMES | INDIGO MINERALS LLC | 3/6/2008 | 1252 | 220 | F97117 | LA | Lincoln | ||||||||||
LA-RTN0317-000 |
RUEBEN ANTON BAKKAR | INDIGO MINERALS LLC | 1/28/2008 | 1244 | 655 | F93963 | LA | Lincoln | ||||||||||
LA-RTN0318-000 |
ALFRED WAYNE WHITE ET UX | INDIGO MINERALS LLC | 3/18/2008 | 1247 | 152 | F94837 | LA | Lincoln | ||||||||||
LA-RTN0319-000 |
P B COLVIN, JR ET UX | CARROLLTON RESOURCES CORPORATION | 9/13/1996 | 979 | 179 | 87317 | LA | Lincoln | ||||||||||
LA-RTN0320-000 |
DAVID TINDALL III | INDIGO MINERALS LLC | 1/24/2008 | 1247 | 156 | F94838 | LA | Lincoln | ||||||||||
LA-RTN0321-001 |
SAMANTHA ANDRADA | INDIGO MINERALS LLC | 5/5/2008 | 1250 | 685 | F96373 | LA | Lincoln | ||||||||||
LA-RTN0321-002 |
BILLY RAY WASHINGTON | INDIGO MINERALS LLC | 1/20/2009 | 1267 | 774 | F102705 | LA | Lincoln | ||||||||||
LA-RTN0321-003 |
JESSIE WASHINGTON | INDIGO MINERALS LLC | 4/27/2009 | 1274 | 369 | F105805 | LA | Lincoln | ||||||||||
LA-RTN0322-000 |
HAROLD ALBRITTON | INDIGO MINERALS LLC | 6/18/2008 | 1251 | 587 | F96840 | LA | Lincoln | ||||||||||
LA-RTN0323-001 |
CHARLES EDMOND CANNON | INDIGO MINERALS LLC | 7/7/2008 | 1252 | 222 | F97118 | LA | Lincoln | ||||||||||
LA-RTN0323-002 |
JOE ANN CANNON MCCOY | INDIGO MINERALS LLC | 7/7/2008 | 1252 | 225 | F97119 | LA | Lincoln | ||||||||||
LA-RTN0323-003 |
GLORIA MARIE CANNON ALLEN | INDIGO MINERALS LLC | 7/7/2008 | 1252 | 228 | F97120 | LA | Lincoln | ||||||||||
LA-RTN0323-004 |
ANNA ROY CANNON FULLER | INDIGO MINERALS LLC | 7/7/2008 | 1252 | 231 | F97121 | LA | Lincoln | ||||||||||
LA-RTN0323-005 |
VERNON CANNON | INDIGO MINERALS LLC | 7/7/2008 | 1252 | 234 | F97122 | LA | Lincoln | ||||||||||
LA-RTN0323-006 |
LEROY CANNON JR | INDIGO MINERALS LLC | 7/7/2008 | 1256 | 56 | F98284 | LA | Lincoln | ||||||||||
LA-RTN0323-007 |
ELTON CANNON | INDIGO MINERALS LLC | 7/7/2008 | 1256 | 59 | F98285 | LA | Lincoln | ||||||||||
LA-RTN0323-008 |
FREDERICK CANNON | INDIGO MINERALS LLC | 7/7/2008 | 1256 | 64 | F98286 | LA | Lincoln | ||||||||||
LA-RTN0323-009 |
FRANCES ELAINE CANNON WALKER | INDIGO MINERALS LLC | 7/11/2008 | 1256 | 65 | F98287 | LA | Lincoln | ||||||||||
LA-RTN0323-010 |
CAROL LEE CANNON WILLIAMS | INDIGO MINERALS LLC | 7/11/2008 | 1256 | 68 | F98288 | LA | Lincoln | ||||||||||
LA-RTN0323-011 |
TONYA HICKS | INDIGO MINERALS LLC | 11/19/2008 | 1263 | 751 | F101053 | LA | Lincoln | ||||||||||
LA-RTN0323-012 |
MARIE HARRIS | INDIGO MINERALS LLC | 11/19/2008 | 1263 | 741 | F101050 | LA | Lincoln | ||||||||||
LA-RTN0323-013 |
EDWARD CANNON | INDIGO MINERALS LLC | 11/19/2008 | 1263 | 744 | F101051 | LA | Lincoln | ||||||||||
LA-RTN0323-014 |
GERALDINE SAMPRACT | INDIGO MINERALS LLC | 11/19/2008 | 1263 | 748 | F101052 | LA | Lincoln | ||||||||||
LA-RTN0323-015 |
O B GLADYNESS | INDIGO MINERALS LLC | 11/19/2008 | 1264 | 169 | F101171 | LA | Lincoln | ||||||||||
LA-RTN0323-016 |
RUBY CANNON POOLE | INDIGO MINERALS LLC | 11/19/2008 | 1264 | 172 | F101172 | LA | Lincoln | ||||||||||
LA-RTN0323-017 |
VASIA HOUSTON | INDIGO MINERALS LLC | 11/19/2008 | 1264 | 500 | F101307 | LA | Lincoln | ||||||||||
LA-RTN0323-018 |
PAULINE METCALF | INDIGO MINERALS LLC | 11/19/2008 | 1264 | 503 | F101308 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0323-019 |
JERRY SAMPRACT | INDIGO MINERALS LLC | 11/19/2008 | 1265 | 251 | F101570 | LA | Lincoln | ||||||||||
LA-RTN0323-020 |
PATRICIA PALMER | INDIGO MINERALS LLC | 11/19/2008 | 1265 | 254 | F101571 | LA | Lincoln | ||||||||||
LA-RTN0323-021 |
ROBERT CANNON | INDIGO MINERALS LLC | 11/19/2008 | 1265 | 615 | F101727 | LA | Lincoln | ||||||||||
LA-RTN0323-022 |
ETHEN J WILLIS JR | INDIGO MINERALS LLC | 11/19/2008 | 1265 | 612 | F101726 | LA | Lincoln | ||||||||||
LA-RTN0323-023 |
SAMUEL HICKS | INDIGO MINERALS LLC | 11/19/2008 | 1266 | 13 | F101869 | LA | Lincoln | ||||||||||
LA-RTN0323-024 |
REGINA L DYKES | INDIGO MINERALS LLC | 11/19/2008 | 1266 | 16 | F101870 | LA | Lincoln | ||||||||||
LA-RTN0323-025 |
DAVID GLADYNESS | INDIGO MINERALS LLC | 11/19/2008 | 1266 | 19 | F101871 | LA | Lincoln | ||||||||||
LA-RTN0323-026 |
CHARLES EDWARD CANNON | INDIGO MINERALS LLC | 11/19/2008 | 1266 | 696 | F102197 | LA | Lincoln | ||||||||||
LA-RTN0323-027 |
JENNIFER SIMS | INDIGO MINERALS LLC | 11/19/2008 | 1267 | 102 | F102363 | LA | Lincoln | ||||||||||
LA-RTN0323-028 |
LINDA HONORE WALDON | INDIGO MINERALS LLC | 11/19/2008 | 1269 | 66 | F103185 | LA | Lincoln | ||||||||||
LA-RTN0323-029 |
STACEE LACOUR | INDIGO MINERALS LLC | 11/19/2008 | 1269 | 69 | F103186 | LA | Lincoln | ||||||||||
LA-RTN0323-030 |
DARRELL LACOUR | INDIGO MINERALS LLC | 11/19/2008 | 1269 | 72 | F103187 | LA | Lincoln | ||||||||||
LA-RTN0323-031 |
GREGORY LACOUR | INDIGO MINERALS LLC | 11/19/2008 | 1269 | 75 | F103188 | LA | Lincoln | ||||||||||
LA-RTN0323-032 |
SAMANTHA LACOUR-WILLIAMS | INDIGO MINERALS LLC | 11/19/2008 | 1269 | 78 | F103189 | LA | Lincoln | ||||||||||
LA-RTN0323-033 |
FREDDIE GLADYNESS | INDIGO MINERALS LLC | 11/19/2008 | 1269 | 652 | F103486 | LA | Lincoln | ||||||||||
LA-RTN0323-034 |
KRISTIAN LOVE | INDIGO MINERALS LLC | 11/19/2008 | 1270 | 400 | F103871 | LA | Lincoln | ||||||||||
LA-RTN0323-035 |
CONNIE CLARK LEE | INDIGO MINERALS LLC | 11/19/2008 | 1274 | 87 | F105602 | LA | Lincoln | ||||||||||
LA-RTN0324-001 |
LAJUANTA DIANE GAULDEN | INDIGO MINERALS LLC | 12/16/2008 | 1265 | 257 | F101572 | LA | Lincoln | ||||||||||
LA-RTN0324-002 |
MICHAEL A UNDERWOOD | INDIGO MINERALS LLC | 12/16/2008 | 1266 | 699 | F102198 | LA | Lincoln | ||||||||||
LA-RTN0324-003 |
BARRY W UNDERWOOD | INDIGO MINERALS LLC | 12/16/2008 | 1267 | 105 | F102364 | LA | Lincoln | ||||||||||
LA-RTN0325-000 |
ROBERT HILL | INDIGO MINERALS LLC | 1/22/2009 | 1267 | 107 | F102365 | LA | Lincoln | ||||||||||
LA-RTN0326-001 |
DEBORAH DENISE PARNELL WISTERMAN | INDIGO MINERALS LLC | 2/9/2009 | 1267 | 778 | F102706 | LA | Lincoln | ||||||||||
LA-RTN0326-002 |
AMY C PARNELL | INDIGO MINERALS LLC | 4/20/2009 | 1271 | 392 | F104373 | LA | Lincoln | ||||||||||
LA-RTN0327-000 |
JASON HAMBLIN ET UX | INDIGO MINERALS LLC | 2/12/2009 | 1267 | 781 | F102707 | LA | Lincoln | ||||||||||
LA-RTN0328-000 |
CHRISTOPHER HEATH WILLIAMS | INDIGO MINERALS LLC | 2/12/2009 | 1267 | 784 | F102708 | LA | Lincoln | ||||||||||
LA-RTN0329-000 |
JAMES EDWARD PATTON ET UX | INDIGO MINERALS LLC | 3/17/2009 | 1269 | 711 | F103539 | LA | Lincoln | ||||||||||
LA-RTN0330-000 |
JILL MARIA BORDELON | INDIGO MINERALS LLC | 3/31/2009 | 1270 | 294 | F103818 | LA | Lincoln | ||||||||||
LA-RTN0331-000 |
JERRY WAYNE WARD ET UX | INDIGO MINERALS LLC | 3/31/2009 | 1270 | 292 | F103817 | LA | Lincoln | ||||||||||
LA-RTN0332-001 |
JAMES H ROLAND ET UX | INDIGO MINERALS LLC | 3/24/2009 | 1270 | 818 | F104097 | LA | Lincoln | ||||||||||
LA-RTN0333-000 |
DIANNA MCNAIR DILLY ET VIR | INDIGO MINERALS LLC | 4/3/2009 | 1271 | 394 | F104374 | LA | Lincoln | ||||||||||
LA-RTN0334-000 |
DEWAYNE BERNALDO WARREN ET UX | INDIGO MINERALS LLC | 4/3/2009 | 1271 | 387 | F104371 | LA | Lincoln | ||||||||||
LA-RTN0335-001 |
WOODROW A DEAN ET UX | INDIGO MINERALS LLC | 3/24/2009 | 1270 | 816 | F104096 | LA | Lincoln | ||||||||||
LA-RTN0336-001 |
JAMES H ROLAND ET UX | INDIGO MINERALS LLC | 3/24/2009 | LA | Lincoln | |||||||||||||
LA-RTN0337-000 |
WILLIE THOMAS BRATTON ET UX | INDIGO MINERALS LLC | 5/6/2009 | 1274 | 375 | F105807 | LA | Lincoln | ||||||||||
LA-RTN0338-000 |
MARY STEELE ARNOLD MOEGLE ET VIR | INDIGO MINERALS LLC | 3/31/2009 | 1275 | 364 | F106280 | LA | Lincoln | ||||||||||
LA-RTN0339-001 |
GARDNER CLARK | INDIGO MINERALS LLC | 6/29/2009 | 1275 | 369 | F106282 | LA | Lincoln | ||||||||||
LA-RTN0339-002 |
ELAINE BUSHNELL CLARK | INDIGO MINERALS LLC | 6/29/2009 | 1275 | 367 | F106281 | LA | Lincoln | ||||||||||
LA-RTN0340-001 |
CHARLES MILTON FULLER JR | INDIGO MINERALS LLC | 7/7/2009 | 1275 | 388 | F106289 | LA | Lincoln | ||||||||||
LA-RTN0340-002 |
GLORIA GENNETT FULLER PEARSON | INDIGO MINERALS LLC | 7/7/2009 | 1275 | 382 | F106287 | LA | Lincoln | ||||||||||
LA-RTN0340-003 |
TANYA ESTELLE FULLER DAVIS | INDIGO MINERALS LLC | 7/7/2009 | 1275 | 385 | F106288 | LA | Lincoln | ||||||||||
LA-RTN0340-004 |
GEORGE JAMES FULLER | INDIGO MINERALS LLC | 7/7/2009 | 1275 | 379 | F106286 | LA | Lincoln | ||||||||||
LA-RTN0340-005 |
BETTY H FULLER | INDIGO MINERALS LLC | 7/7/2009 | 1275 | 376 | F106285 | LA | Lincoln | ||||||||||
LA-RTN0341-001 |
FRED GOLDSMITH | INDIGO MINERALS LLC | 6/29/2009 | 1275 | 371 | F106283 | LA | Lincoln | ||||||||||
LA-RTN0341-002 |
MATTIE L GOLDSMITH | INDIGO MINERALS LLC | 6/29/2009 | 1275 | 373 | F106284 | LA | Lincoln | ||||||||||
LA-RTN0341-003 |
DORA MAE GOLDSMITH HARBER | INDIGO MINERALS LLC | 7/15/2009 | 1276 | 596 | F106903 | LA | Lincoln | ||||||||||
LA-RTN0342-001 |
GREGORY L MCCLAM | INDIGO MINERALS LLC | 7/3/2009 | 1276 | 599 | F106904 | LA | Lincoln | ||||||||||
LA-RTN0342-002 |
KAREN D MCCLAM REYNOLDS | INDIGO MINERALS LLC | 7/3/2009 | 1276 | 603 | F106906 | LA | Lincoln | ||||||||||
LA-RTN0342-003 |
IRIS D MCCLAM MORGAN | INDIGO MINERALS LLC | 7/3/2009 | 1276 | 607 | F106908 | LA | Lincoln | ||||||||||
LA-RTN0342-004 |
MURIEL MCCLAM HOLLIMON | INDIGO MINERALS LLC | 7/3/2009 | 1276 | 605 | F106907 | LA | Lincoln | ||||||||||
LA-RTN0342-005 |
DONNA MCCLAM WHITE | INDIGO MINERALS LLC | 7/3/2009 | 1276 | 618 | F106912 | LA | Lincoln | ||||||||||
LA-RTN0342-006 |
JEANETTE MCCLAM COX | INDIGO MINERALS LLC | 7/3/2009 | 1276 | 601 | F106905 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-RTN0342-007 |
MONIQUE MCCLAM | INDIGO MINERALS LLC | 7/3/2009 | 1276 | 587 | F106899 | LA | Lincoln | ||||||||||
LA-RTN0342-008 |
ZENOBIA R MCCLAM LEWIS | INDIGO MINERALS LLC | 6/17/2009 | 1276 | 589 | F106900 | LA | Lincoln | ||||||||||
LA-RTN0343-000 |
MIKE COLEMAN OSBORNE JR | INDIGO MINERALS LLC | 11/19/2009 | 1280 | 575 | F108817 | LA | Lincoln | ||||||||||
1279 | 687 | F108502 | ||||||||||||||||
LA-RTN0344-001 |
ROBERT HOUSTON | INDIGO MINERALS LLC | 10/27/2009 | LA | Lincoln | |||||||||||||
1281 | 594 | F109315 | ||||||||||||||||
LA-RTN0344-002 |
JASHONTRA L SLAUGHTER | INDIGO MINERALS LLC | 11/4/2009 | LA | Lincoln | |||||||||||||
1281 | 609 | F109318 | ||||||||||||||||
LA-RTN0344-003 |
LAQUANTRA L SLAUGHTER | INDIGO MINERALS LLC | 11/4/2009 | LA | Lincoln | |||||||||||||
1285 | 688 | F111241 | ||||||||||||||||
LA-RTN0344-004 |
ORIA JOHNSON HOUSTON, IND & USUFRUCT | INDIGO MINERALS LLC | 10/27/2009 | LA | Lincoln | |||||||||||||
LA-RTN0345-001 |
ROBERT D OSBORNE | INDIGO MINERALS LLC | 1/13/2010 | 1281 | 587 | F109312 | LA | Lincoln | ||||||||||
LA-RTN0345-002 |
ORA LEE OSBORNE WILLIAMS | INDIGO MINERALS LLC | 1/13/2010 | 1281 | 585 | F109311 | LA | Lincoln | ||||||||||
LA-RTN0345-003 |
KISSIE A TRAVELER | INDIGO MINERALS LLC | 1/13/2010 | 1283 | 622 | F110204 | LA | Lincoln | ||||||||||
LA-RTN0345-004 |
ODIS D OSBORNE | INDIGO MINERALS LLC | 1/13/2010 | 1283 | 625 | F110205 | LA | Lincoln | ||||||||||
LA-RTN0345-005 |
GEORGE A OSBORNE | INDIGO MINERALS LLC | 1/13/2010 | 1283 | 636 | F110209 | LA | Lincoln | ||||||||||
LA-RTN0346-000 |
CECIL A HOOD ET UX | INDIGO MINERALS LLC | 8/13/2007 | 1237 | 624 | F91084 | LA | Lincoln | ||||||||||
LA-RTN0347-000 |
BOBBY GENE YOUNG | INDIGO MINERALS LLC | 10/1/2009 | 1282 | 31 | F109445 | LA | Lincoln | ||||||||||
LA-RTN0348-000 |
WILLIAM L GARNER JR | INDIGO MINERALS LLC | 5/21/2010 | 1287 | 141 | F111720 | LA | Lincoln | ||||||||||
LA-RTN0349-001 |
MARY ELEANOR HARRIS TEMPLE | CSC ENERGY CORP | 10/25/2004 | 1167 | 327 | F60403 | LA | Lincoln | ||||||||||
LA-RTN0349-002 |
MELANIE CARSON HARRIS ZACHRY | CSC ENERGY CORP | 10/25/2004 | 1167 | 339 | F60407 | LA | Lincoln | ||||||||||
LA-RTN0349-003 |
THE BROWNLAND CORPORATION ET AL | CSC ENERGY CORP | 10/28/2004 | 1167 | 324 | F60402 | LA | Lincoln | ||||||||||
LA-RTN0349-004 |
ANNA THERESA PAPPA KERN | CSC ENERGY CORP | 10/25/2004 | 1167 | 342 | F60408 | LA | Lincoln | ||||||||||
LA-RTN0349-005 |
JOHNNY ROY PAPPA | CSC ENERGY CORP | 10/25/2004 | 1167 | 321 | F60401 | LA | Lincoln | ||||||||||
LA-RTN0349-006 |
CARRIE LEE HEARD LINK | CSC ENERGY CORP | 10/25/2004 | 1167 | 330 | F60404 | LA | Lincoln | ||||||||||
LA-RTN0349-007 |
PRISCILLA HEARD BOWMAN | CSC ENERGY CORP | 10/25/2004 | 1167 | 333 | F60405 | LA | Lincoln | ||||||||||
LA-RTN0349-008 |
ALICE HEARD | CSC ENERGY CORP | 10/25/2004 | 1167 | 336 | F60406 | LA | Lincoln | ||||||||||
LA-RTN0349-009 |
JOHN M ARMSTRONG JR | CSC ENERGY CORP | 11/10/2004 | 1167 | 318 | F60400 | LA | Lincoln | ||||||||||
LA-RTN0350-001 |
VIRGINIA BAILEY SELLE | CSC ENERGY CORP | 10/25/2004 | 1167 | 347 | F60410 | LA | Lincoln | ||||||||||
LA-RTN0350-002 |
ELLIS CARROLL BAILEY | CSC ENERGY CORP | 10/25/2004 | 1167 | 349 | F60411 | LA | Lincoln | ||||||||||
LA-RTN0350-003 |
GEFFREY WAYNE FORRESTER | CSC ENERGY CORP | 10/25/2004 | 1167 | 345 | F60409 | LA | Lincoln | ||||||||||
LA-RTN0377-000 |
SANDRA KILGORE WILLIAMSON ET AL | WILDHORSE RESOURCES LLC | 2/21/2011 | 1296 | 518 | F116295 | LA | Lincoln | ||||||||||
LA-RTN0378-001 |
JAMES H KILGORE ET AL | WILDHORSE RESOURCES LLC | 2/21/2011 | 1296 | 523 | F116296 | LA | Lincoln | ||||||||||
LA-SBW0001-000 |
NORA ELIZABETH HIGDON ROGERS | COWGILL & ASSOCIATES L L C | 8/19/1997 | 1020 | 347 | 3805 | LA | Lincoln | ||||||||||
AVIS JOY HIGDON BARRETT | ||||||||||||||||||
THE TRUST COMPANY OF LOUISIANA ACTING AS | ||||||||||||||||||
LA-SBW0002-000 |
LIMITED CURATOR | COWGILL & ASSOCIATES L L C | 7/2/1998 | 1029 | 137 | F5675 | LA | Lincoln | ||||||||||
LA-SBW0003-001 |
DONALD MARSHALL | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1029 | 154 | F5680 | LA | Lincoln | ||||||||||
LA-SBW0003-002 |
JANIE R LYNN | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1029 | 150 | F5679 | LA | Lincoln | ||||||||||
LA-SBW0003-003 |
JOANNE MAYO | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1029 | 162 | F5682 | LA | Lincoln | ||||||||||
HELEN JANE MARSHALL JORDON | ||||||||||||||||||
LA-SBW0003-004 |
A/K/A HELEN JANE APPLE | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 329 | 3800 | LA | Lincoln | ||||||||||
LA-SBW0003-005 |
HILDA MARSHALL HUDEC | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 322 | 3798 | LA | Lincoln | ||||||||||
LA-SBW0003-006 |
JOYCE WILLIAMS | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1022 | 21 | 4062 | LA | Lincoln | ||||||||||
LA-SBW0003-007 |
JAN BYERS | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 272 | 3784 | LA | Lincoln | ||||||||||
LA-SBW0003-008 |
FAYE BATCHELOR | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1029 | 158 | F5681 | LA | Lincoln | ||||||||||
LA-SBW0003-009 |
MAYE FRANCIS MARSHALL BUCHANAN | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 268 | 3783 | LA | Lincoln | ||||||||||
LA-SBW0003-010 |
JEFFERY STOLET | COWGILL & ASSOCIATES L L C | 5/3/1999 | 1061 | 325 | 13530 | LA | Lincoln | ||||||||||
LA-SBW0003-011 |
CLIFFORD E MARSHALL | COWGILL & ASSOCIATES L L C | 9/23/1999 | 1075 | 245 | LA | Lincoln | |||||||||||
LA-SBW0004-001 |
CAROLINE LOUISE DUNN BOWMAN | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 266 | 3782 | LA | Lincoln | ||||||||||
LA-SBW0004-002 |
LOU ORIEL DUNN SMITH | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1021 | 4 | 3807 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0004-003 |
AGNES DUNN SUDDS | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1021 | 14 | 3810 | LA | Lincoln | ||||||||||
LA-SBW0004-004 |
DELLA RUTH DUNN POWELL | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 344 | 3804 | LA | Lincoln | ||||||||||
BENJAMIN DUNN ET AL | ||||||||||||||||||
LA-SBW0004-005 |
KEITH CONRAD DUNN | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 288 | 3788 | LA | Lincoln | ||||||||||
LA-SBW0004-006 |
JOHN ARTHUR DUNN | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 305 | 3793 | LA | Lincoln | ||||||||||
LA-SBW0004-007 |
CALDWELL DUNN | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 296 | 3790 | LA | Lincoln | ||||||||||
LA-SBW0004-008 |
ODESSA HARRISON DUNN | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 308 | 3794 | LA | Lincoln | ||||||||||
LA-SBW0004-009 |
PRENTICE HARRISON | COWGILL & ASSOCIATES L L C | 2/20/1998 | 1020 | 319 | 3797 | LA | Lincoln | ||||||||||
60 | 21 | |||||||||||||||||
60 | 21 | |||||||||||||||||
LA-SBW0005-001 |
JAMES H NAPPER ET AL | PLYMOUTH OIL COMPANY | 12/19/1957 | 60 | 21 | LA | Lincoln | |||||||||||
1054 | 212 | 011672 | ||||||||||||||||
LA-SBW0005-002 |
JAMES C SKINNER | COWGILL & ASSOCIATES L L C | 12/3/1998 | 1054 | 212 | 011672 | LA | Lincoln | ||||||||||
1054 | 208 | 011671 | ||||||||||||||||
LA-SBW0005-003 |
DAVID S SKINNER | COWGILL & ASSOCIATES L L C | 12/3/1998 | 1054 | 208 | 011671 | LA | Lincoln | ||||||||||
1054 | 201 | 011669 | ||||||||||||||||
LA-SBW0005-004 |
LEE ROY SKINNER | COWGILL & ASSOCIATES L L C | 12/3/1998 | 1054 | 201 | 011669 | LA | Lincoln | ||||||||||
1061 | 315 | |||||||||||||||||
1072 | 168 | |||||||||||||||||
1061 | 315 | |||||||||||||||||
LA-SBW0005-005 |
LINDA SUE HENRY | COWGILL & ASSOCIATES L L C | 4/30/1999 | 1072 | 168 | LA | Lincoln | |||||||||||
1072 | 164 | 016295 | ||||||||||||||||
1072 | 164 | 016295 | ||||||||||||||||
LA-SBW0005-006 |
KATHRYNE RENEE CARAWAY | COWGILL & ASSOCIATES L L C | 8/19/1999 | 1072 | 164 | 016295 | LA | Lincoln | ||||||||||
1073 | 183 | 016482 | ||||||||||||||||
1073 | 183 | 016482 | ||||||||||||||||
LA-SBW0005-007 |
LLOYD B CARAWAY | COWGILL & ASSOCIATES L L C | 8/19/1999 | 1073 | 183 | 016482 | LA | Lincoln | ||||||||||
1072 | 160 | 016294 | ||||||||||||||||
1072 | 160 | 016294 | ||||||||||||||||
LA-SBW0005-008 |
CHARLES W DAVENPORT | COWGILL & ASSOCIATES L L C | 8/19/1999 | 1072 | 160 | 016294 | LA | Lincoln | ||||||||||
1070 | 127 | |||||||||||||||||
1070 | 127 | |||||||||||||||||
LA-SBW0005-009 |
GENEVA LEGE | COWGILL & ASSOCIATES L L C | 8/19/1999 | 1070 | 127 | LA | Lincoln | |||||||||||
LA-SBW0007-002 |
SELMA R SUMLIN | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1021 | 17 | 3811 | LA | Lincoln | ||||||||||
1045 | 83 | 009738 | ||||||||||||||||
1045 | 83 | 009738 | ||||||||||||||||
LA-SBW0007-004 |
MICKEY H SUMRALL | COWGILL & ASSOCIATES L L C | 10/27/1998 | 1045 | 83 | 009738 | LA | Lincoln | ||||||||||
1063 | 125 | 013910 | ||||||||||||||||
1063 | 125 | 013910 | ||||||||||||||||
LA-SBW0007-005 |
CAROLYN JEAN BOLT AKA CAROLYN BOLT SUMRALL | STEPHEN M JENKINS & ASSOC | 6/15/1999 | 1063 | 125 | 013910 | LA | Lincoln | ||||||||||
LA-SBW0007-P01 |
WILLIAM R SUMLIN JR | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1021 | 20 | 3812 | LA | Lincoln | ||||||||||
LA-SBW0007-P03 |
COWGILL & ASSOCIATES L L C | COWGILL & ASSOCIATES, L.L.C. | 2/9/1998 | 1020 | 281 | 3786 | LA | Lincoln | ||||||||||
LA-SBW0007-P06 |
ESSERLEAN GOREE ROUGELEY | COWGILL & ASSOCIATES L L C | 2/24/1999 | 1054 | 205 | 11670 | LA | Lincoln | ||||||||||
LA-SBW0008-001 |
T L LIVINGSTON | COWGILL & ASSOCIATES L L C | 2/10/1998 | 1020 | 337 | 3802 | LA | Lincoln | ||||||||||
LA-SBW0008-002 |
T L LIVINGSTON II AKA TILLMAN L LIVINGSTION II | COWGILL & ASSOCIATES L L C | 12/16/1998 | 1044 | 341 | 9655 | LA | Lincoln | ||||||||||
LA-SBW0008-003 |
CARL E DELONEY JR | COWGILL & ASSOCIATES L L C | 4/3/1998 | 1029 | 144 | F5677 | LA | Lincoln | ||||||||||
LA-SBW0008-004 |
LISA DELONEY | COWGILL & ASSOCIATES L L C | 4/3/1998 | 1029 | 147 | F5678 | LA | Lincoln | ||||||||||
LA-SBW0008-005 |
ROBERT EARNEST LIVINGSTON | COWGILL & ASSOCIATES L L C | 5/25/1999 | 1063 | 120 | 13909 | LA | Lincoln | ||||||||||
LA-SBW0008-006 |
BOOKER TELEFERRIO LIVINGSTON | COWGILL & ASSOCIATES L L C | 5/25/1999 | 1063 | 115 | 13908 | LA | Lincoln | ||||||||||
LA-SBW0008-007 |
BARBARA JEAN LIVINGSTON BANKSTON | COWGILL & ASSOCIATES L L C | 5/25/1999 | 1063 | 110 | 13907 | LA | Lincoln | ||||||||||
LA-SBW0008-008 |
GLORIA DEAN DELONEY POTTS | COWGILL & ASSOCIATES L L C | 7/16/1999 | 1069 | 346 | 15534 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0008-009 | ELOUISE DELONEY MCMULLEN | COWGILL & ASSOCIATES L L C | 7/16/1999 | 1069 | 349 | 15535 | LA | Lincoln | ||||||||||
LA-SBW0009-000 | GEORGE J HYMON ET AL | COWGILL & ASSOCIATESL L C | 1/26/1998 | 1020 | 326 | 3799 | LA | Lincoln | ||||||||||
1020 | 314 | 003796 | ||||||||||||||||
LA-SBW0010-001 | REL L GRAY ET AL | COWGILL & ASSOCIATES LLC | 2/9/1998 | 1020 | 314 | 003796 | LA | Lincoln | ||||||||||
1020 | 276 | 003785 | ||||||||||||||||
1308 | 304 | F121523 | ||||||||||||||||
1020 | 276 | 003785 | ||||||||||||||||
1308 | 304 | F121523 | ||||||||||||||||
1020 | 276 | 003785 | ||||||||||||||||
1308 | 304 | F121523 | ||||||||||||||||
1020 | 276 | 003785 | ||||||||||||||||
LA-SBW0010-002 | KENNETH W CAMPBELL | COWGILL & ASSOCIATES, L.L.C. | 2/13/1998 | 1308 | 304 | F121523 | LA | Lincoln | ||||||||||
LA-SBW0012-000 | LINCOLN RENTALS INC | COWGILL & ASSOCIATES L L C | 7/30/1997 | 1020 | 333 | 3801 | LA | Lincoln | ||||||||||
LA-SBW0013-001 | MALVIN STAFF AND RUTH STAFF | COWGILL & ASSOCIATES L L C | 7/26/1997 | 1021 | 10 | 3809 | LA | Lincoln | ||||||||||
LA-SBW0013-002 | SADIE PEARL ALLEN LUDLEY ET VIR | COWGILL & ASSOCIATES L L C | 7/26/1997 | 1020 | 340 | 3803 | LA | Lincoln | ||||||||||
LA-SBW0014-000 | ARMORZELL COLEMAN CARTER | COWGILL & ASSOCIATES L L C | 8/2/1997 | 1020 | 204 | 3787 | LA | Lincoln | ||||||||||
LA-SBW0015-000 | ELEANOR HARRIS BROWN ET AL | COWGILL & ASSOCIATES L L C | 11/1/1997 | 1022 | 25 | 4063 | LA | Lincoln | ||||||||||
1020 | 311 | 003795 | ||||||||||||||||
1020 | 311 | 003795 | ||||||||||||||||
1020 | 311 | 003795 | ||||||||||||||||
LA-SBW0019-001 | VESTA MAE WILLIAMS GANT | COWGILL & ASSOCIATES L L C | 2/13/1998 | 1020 | 311 | 003795 | LA | Lincoln | ||||||||||
1061 | 17 | 013237 | ||||||||||||||||
1061 | 17 | 013237 | ||||||||||||||||
LA-SBW0019-002 | JOHN M HOOD | COWGILL & ASSOCIATES L L C | 5/28/1999 | 1061 | 17 | 013237 | LA | Lincoln | ||||||||||
1061 | 321 | 013529 | ||||||||||||||||
LA-SBW0019-003 | ANNA MAE WILLIAMS JACKSON | COWGILL & ASSOCIATES L L C | 2/23/1999 | 1061 | 321 | 013529 | LA | Lincoln | ||||||||||
LA-SBW0019-004 | ANNA MAE WILLIAMS JACKSON | KCS MEDALLION RESOURCES INC | 8/1/2001 | 1125 | 847 | 33821 | LA | Lincoln | ||||||||||
1020 | 299 | 003791 | ||||||||||||||||
LA-SBW0019-005 | CALDWELL DUNN ET UX | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 299 | 003791 | LA | Lincoln | ||||||||||
1029 | 141 | F5676 | ||||||||||||||||
1029 | 141 | F5676 | ||||||||||||||||
LA-SBW0020-001 | DIANE E ARRINGTON | COWGILL & ASSOCIATES L L C | 2/13/1998 | 1029 | 141 | F5676 | LA | Lincoln | ||||||||||
1020 | 257 | 003779 | ||||||||||||||||
1020 | 257 | 003779 | ||||||||||||||||
LA-SBW0020-002 | DARRYL J ARRINGTON | COWGILL & ASSOCIATES L L C | 2/13/1998 | 1020 | 257 | 003779 | LA | Lincoln | ||||||||||
1020 | 302 | 003792 | ||||||||||||||||
LA-SBW0020-003 | CALDWELL DUNN ET UX | COWGILL & ASSOCIATES L L C | 2/9/1998 | 1020 | 302 | 003792 | LA | Lincoln | ||||||||||
1021 | 1 | 003806 | ||||||||||||||||
LA-SBW0020-004 | LAURA ARRINGTON ROSE | COWGILL & ASSOCIATES L L C | 2/13/1998 | 1021 | 1 | 003806 | LA | Lincoln | ||||||||||
1020 | 260 | 003780 | ||||||||||||||||
LA-SBW0020-005 | JOHN D ARRINGTON JR | COWGILL & ASSOCIATES L L C | 2/13/1998 | 1020 | 260 | 003780 | LA | Lincoln | ||||||||||
1020 | 263 | 003781 | ||||||||||||||||
LA-SBW0020-006 | WANDA ARRINGTON AKOREDE ET AL CALDWELL DUNN AND ELAINE WOODWARD DUNN H/W | COWGILL & ASSOCIATES L L C | 2/13/1998 | 1020 1020 |
263 291 |
003781 003789 |
LA | Lincoln | ||||||||||
LA-SBW0020-007 | ELAINE WOODWARD DUNN | COWGILL & ASSOCIATES L L C | 4/6/1998 | 1020 | 291 | 003789 | LA | Lincoln | ||||||||||
LA-SBW0020-008 | JOHN ED BARNES | KCS MEDALLION RESOURCES INC | 12/9/1999 | 1080 | 162 | 18287 | LA | Lincoln | ||||||||||
LA-SBW0022-000 | BLANCHE NAPPER STEPRO | PLYMOUTH OIL COMPANY | 11/30/1957 | 59 | 323 | LA | Lincoln | |||||||||||
LA-SBW0023-001 | ROSEMARY NAPER WALKER | KCS RESOURCES INC | 7/1/2003 | 1151 | 686 | 51045 | LA | Lincoln | ||||||||||
LA-SBW0024-001 | P D OIL COMPANY | COWGILL & ASSOCIATES L L C | 1/31/1958 | 60 | 411 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
WPS INDUSTRIES INC | ||||||||||||||||||
LA-SBW0025-000 | REPRESENTED BY MICHAEL E CLARK | JPD ENERGY INC | 1/6/2003 | 1144 | 195 | O45907 | LA | Lincoln | ||||||||||
1137 | 474 | 041744 | ||||||||||||||||
LA-SBW0026-001 | JIMMY CHOATE | KCS RESOURCES INC | 8/13/2002 | 1137 | 474 | 041744 | LA | Lincoln | ||||||||||
LA-SBW0027-001 | HARVEY GENE WILLIS ET AL | KCS RESOURCES INC | 3/5/2003 | 1145 | 51 | 46456 | LA | Lincoln | ||||||||||
LA-SBW0028-000 | T R B HOUSING LLC | KCS RESOURCES INC | 3/11/2003 | 1145 | 57 | 46458 | LA | Lincoln | ||||||||||
LA-SBW0029-000 | JOSEPH N REED ET UX | KCS RESOURCES INC | 3/5/2003 | 1145 | 54 | 46457 | LA | Lincoln | ||||||||||
LA-SBW0030-000 | B DENNIS WHITTEN ET UX | KCS RESOURCES INC | 10/1/2003 | 1153 | 640 | 52245 | LA | Lincoln | ||||||||||
LA-SBW0031-000 | ARNETA PHILLIPS CARNAHAN ET VIR | KCS MEDALLION RESOURCES INC | 11/1/2001 | 1127 | 463 | 35076 | LA | Lincoln | ||||||||||
LA-SBW0032-000 | FLOY BELLE PHILLIPS DELONEY ET AL | KCS MEDALLION RESOURCES INC | 11/6/2001 | 1127 | 483 | 35082 | LA | Lincoln | ||||||||||
LA-SBW0033-001 | CHARLES DAVID MOSHINSKIE | KCS MEDALLION RESOURCES INC | 11/9/2001 | 1127 | 460 | 35075 | LA | Lincoln | ||||||||||
LA-SBW0033-002 | JAMES FRANCIS MOSHINSKIE | KCS MEDALLION RESOURCES INC | 11/9/2001 | 1127 | 474 | 35080 | LA | Lincoln | ||||||||||
WILLIAM DOUGLAS DURRETT INDIVIDUALLY | ||||||||||||||||||
AND AS PRESIDENT OF DURRETT CONSTRUCTION CO | 1145 | 47 | 046455 | |||||||||||||||
LA-SBW0034-001 | INC | KCS RESOURCES INC | 3/6/2003 | 1145 | 47 | 046455 | LA | Lincoln | ||||||||||
LA-SBW0035-000 | MARGARET BURT MADDEN ET AL | KCS RESOURCES INC | 11/26/2004 | 1169 | 428 | 61575 | LA | Lincoln | ||||||||||
LA-SBW0036-000 | MARY ANNE NAPPER COLE | KCS RESOURCES INC | 12/6/2004 | 1169 | 426 | 61574 | LA | Lincoln | ||||||||||
1021 | 7 | 003808 | ||||||||||||||||
LA-SBW0037-001 | LOU ORIEL DUNN SMITH | COWGILL & ASSOCIATES LLC | 2/9/1998 | 1021 | 7 | 003808 | LA | Lincoln | ||||||||||
LA-SBW0038-000 | MARY ANNE NAPPER COLE | PLYMOUTH OIL COMPANY | 11/30/1957 | 60 | 23 | LA | Lincoln | |||||||||||
LA-SBW0039-000 | JOHN C COLVIN | JOHN L ROBERTSON | 7/20/2007 | 1228 | 300 | F87321 | LA | Lincoln | ||||||||||
LA-SBW0040-000 | RODNEY K COLVIN ET UX | JOHN L ROBERTSON | 7/20/2007 | 1228 | 303 | F87322 | LA | Lincoln | ||||||||||
LA-SBW0041-000 | R M DAVIS JR ET AL | PAR OIL CORPORATION | 1/12/1979 | 243 | 136 | D-17938 | LA | Lincoln | ||||||||||
LA-SBW0042-000 | ROCKEY VALLEY MISSIONARY BAPTIST CHURCH ET AL | PAR OIL CORPORATION | 4/24/1979 | 247 | 613 | D-19742 | LA | Lincoln | ||||||||||
LA-SBW0043-000 | RUBY EVANS HARRIS | PAR OIL CORPORATION | 12/29/1978 | 242 | 375 | LA | Lincoln | |||||||||||
243 | 132 | D-17937 | ||||||||||||||||
243 | 132 | D-17937 | ||||||||||||||||
LA-SBW0044-000 | ALYMER EVANS ET AL | PAR OIL CORPORATION | 12/29/1978 | 243 | 132 | D-17937 | LA | Lincoln | ||||||||||
LA-SBW0045-000 | ROSIE R KILLEN | PAR OIL CORPORATION | 10/17/1979 | 265 | 270 | D-24205 | LA | Lincoln | ||||||||||
LA-SBW0046-000 | LARRY DON DURRETT ET VIR | PAR OIL CORPORATION | 10/4/1979 | 261 | 217 | D-23586 | LA | Lincoln | ||||||||||
LA-SBW0047-001 | ALEX T HUNT | PAR OIL CORPORATION | 9/28/1979 | 265 | 219 | D-24197 | LA | Lincoln | ||||||||||
LA-SBW0047-002 | EDWIN W HODGE | PAR OIL CORPORATION | 9/28/1979 | 265 | 231 | D-24198 | LA | Lincoln | ||||||||||
LA-SBW0048-000 | DIVISION OF INDIAN HEAD INC | PAR OIL CORPORATION | 7/2/1979 | 265 | 276 | D-24206 | LA | Lincoln | ||||||||||
LA-SBW0049-000 | JAMES H NAPPER ET AL | PLYMOUTH OIL COMPANY | 12/19/1957 | 60 | 21 | C-8984 | LA | Lincoln | ||||||||||
LA-SBW0050-000 | LOUISIANA MINERALS LTD | THE PROSPECTIVE INVESTMENT & TRADING CO LTD | 9/14/2000 | 1106 | 52 | 24647 | LA | Lincoln | ||||||||||
LA-SBW0051-001 | CHARLES F LEE ET UX | HOOD PETROLEUM INC | 4/28/2000 | 1087 | 237 | 20263 | LA | Lincoln | ||||||||||
LA-SBW0052-001 | FRED W MITCHELL | HOOD PETROLEUM INC | 4/20/2000 | 1087 | 233 | 20262 | LA | Lincoln | ||||||||||
LA-SBW0053-001 | DOROTHY LEE HUGHES MORRIS | HOOD PETROLEUM INC | 5/3/2000 | 1087 | 249 | 20266 | LA | Lincoln | ||||||||||
LA-SBW0053-002 | MICHAEL JOSEPH MCDANIEL ET UX | HOOD PETROLEUM INC | 5/3/2000 | 1087 | 245 | 20265 | LA | Lincoln | ||||||||||
LA-SBW0054-001 | SHEILA LOUISE EDMISTON THOMAS | HOOD PETROLEUM INC | 5/2/2000 | 1096 | 165 | 22247 | LA | Lincoln | ||||||||||
LA-SBW0054-002 | RUBY JEAN MAYS RUSSELL ET AL | HOOD PETROLEUM INC | 5/2/2000 | 1087 | 241 | 20264 | LA | Lincoln | ||||||||||
LA-SBW0054-003 | HELEN MARIE M EDMISTON | HOOD PETROLEUM INC | 5/2/2000 | 1088 | 231 | 20519 | LA | Lincoln | ||||||||||
LA-SBW0054-004 | SHARON RENEE E COLE | HOOD PETROLEUM INC | 5/2/2000 | 1088 | 346 | 20603 | LA | Lincoln | ||||||||||
LA-SBW0055-000 | VIRGINIA LOMAX MARBURY | THE PROSPECTIVE INVESTMENT & TRADING CO LTD | 9/15/2000 | 23659 | LA | Lincoln | ||||||||||||
LA-SBW0056-000 | SHERI LEWIS BURT | THE PROSPECTIVE INVESTMENT & TRADING CO LTD | 9/15/2000 | 1100 | 231 | 23514 | LA | Lincoln | ||||||||||
LA-SBW0057-000 | JERRY DUANE ROGERS ET UX | THE PROSPECTIVE INVESTMENT & TRADING CO LTD | 6/12/2000 | 21195 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0058-000 |
LENWARD EARL GOREE ET UX | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 675 | F27874 | LA | Lincoln | ||||||||||
LA-SBW0059-001 |
LENWARD EARL GOREE ET AL | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 691 | 27880 | LA | Lincoln | ||||||||||
LA-SBW0059-002 |
FLOSSIE M GOREE DAVIS | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 687 | 27879 | LA | Lincoln | ||||||||||
LA-SBW0059-003 |
MITTIE P GOREE ALEXANDER | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 703 | 27883 | LA | Lincoln | ||||||||||
LA-SBW0059-004 |
HERBERT GOREE JR | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 695 | 27881 | LA | Lincoln | ||||||||||
LA-SBW0059-005 |
NELVIN MARVIN GOREE | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 699 | 27882 | LA | Lincoln | ||||||||||
LA-SBW0060-000 |
JON E GIVENS | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 677 | 27875 | LA | Lincoln | ||||||||||
LA-SBW0061-000 |
JESSIELYNN PIRKLE OEST | AS IS INVESTMENTS LLC | 3/30/2001 | 1117 | 685 | F27878 | LA | Lincoln | ||||||||||
LA-SBW0062-000 |
EUGENIA HALLEY SMITH TSTMNTRY TRUST | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 683 | 27877 | LA | Lincoln | ||||||||||
1118 | 731 | F28640 | ||||||||||||||||
LA-SBW0063-001 |
PATRICIA GIVENS | AS IS INVESTMENTS LLC | 4/1/2001 | 1118 | 731 | 028632 | LA | Lincoln | ||||||||||
1118 | 728 | 028632 | ||||||||||||||||
LA-SBW0063-002 |
MARTIN GIVENS | AS IS INVESTMENTS LLC | 4/1/2001 | 1118 | 728 | 028632 | LA | Lincoln | ||||||||||
LA-SBW0063-003 |
JON E GIVENS ET AL | AS IS INVESTMENTS LLC | 4/1/2001 | 1117 | 680 | 27876 | LA | Lincoln | ||||||||||
LA-SBW0064-000 |
MATTIE N HILL IND AND AGENT AND AIF | AS IS INVESTMENTS LLC | 4/1/2001 | 1118 | 725 | 28631 | LA | Lincoln | ||||||||||
LA-SBW0065-000 |
LOUISIANA MINERALS LTD | AS IS INVESTMENTS LLC | 4/11/2001 | 1117 | 712 | 27887 | LA | Lincoln | ||||||||||
275 | 103 | |||||||||||||||||
275 | 103 | |||||||||||||||||
LA-SBW0066-000 |
ST OF LA NO 8086 | PAR OIL CORPORATION | 5/9/1979 | 275 | 103 | LA | Lincoln | |||||||||||
205 | 732 | D-3111 | ||||||||||||||||
205 | 732 | D-3111 | ||||||||||||||||
LA-SBW0068-001 |
ALLIE FRAZIER HILL ET AL | PAR OIL CORPORATION | 11/11/1976 | 205 | 732 | D-3111 | LA | Lincoln | ||||||||||
298 | 120 | D-28938 | ||||||||||||||||
298 | 120 | D-28938 | ||||||||||||||||
LA-SBW0068-002 |
MINNIE LEE W DAWSON ET AL | PAR OIL CORPORATION | 1/11/1980 | 298 | 120 | D-28938 | LA | Lincoln | ||||||||||
298 | 124 | D-28939 | ||||||||||||||||
298 | 120 | D-28938 | ||||||||||||||||
LA-SBW0068-003 |
JAMES WALKER | PAR OIL CORPORATION | 6/12/1980 | 298 | 120 | D-28938 | LA | Lincoln | ||||||||||
204 | 485 | D-3010 | ||||||||||||||||
204 | 485 | D-3010 | ||||||||||||||||
LA-SBW0069-000 |
LUGENE YOUNGER ET AL | PAR OIL CORPORATION | 11/11/1976 | 204 | 485 | D-3010 | LA | Lincoln | ||||||||||
204 | 725 | D-3109 | ||||||||||||||||
204 | 725 | D-3109 | ||||||||||||||||
LA-SBW0070-001 |
JOSIE SPRINGS DOUGLAS ET AL | PAR OIL CORPORATION | 11/15/1976 | 204 | 725 | D-3109 | LA | Lincoln | ||||||||||
204 | 521 | D-3020 | ||||||||||||||||
204 | 521 | D-3020 | ||||||||||||||||
LA-SBW0071-000 |
EARL MILES, ET AL | PAR OIL CORPORATION | 11/12/1976 | 204 | 521 | D-3020 | LA | Lincoln | ||||||||||
204 | 554 | |||||||||||||||||
204 | 554 | |||||||||||||||||
LA-SBW0072-000 |
ALICE GOREE WALKER ET AL | PAR OIL CORPORATION | 11/15/1976 | 204 | 554 | LA | Lincoln | |||||||||||
206 | 446 | D-3730 | ||||||||||||||||
206 | 446 | D-3730 | ||||||||||||||||
LA-SBW0073-000 |
NORMAN GENE PERRY ET VIR | PAR OIL CORPORATION | 2/15/1977 | 206 | 446 | D-3730 | LA | Lincoln | ||||||||||
231 | 622 | D-13765 | ||||||||||||||||
231 | 622 | D-13765 | ||||||||||||||||
LA-SBW0074-000 |
WILLIAM R SUMLIN ET UX | PAR OIL CORPORATION | 6/3/1978 | 231 | 622 | D-13765 | LA | Lincoln | ||||||||||
241 | 363 | D-17410 | ||||||||||||||||
241 | 363 | D-17410 | ||||||||||||||||
LA-SBW0075-000 |
B H RAINWATER JR ET AL | PAR OIL CORPORATION | 12/12/1978 | 241 | 363 | D-17410 | LA | Lincoln | ||||||||||
241 | 371 | |||||||||||||||||
LA-SBW0076-001 |
MONK SALLEY | PAR OIL CORPORATION | 12/14/1978 | 241 | 371 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
253 | 36 | |||||||||||||||||
LA-SBW0076-002 |
MAYME C HEARD ET AL | PAR OIL CORPORATION | 2/21/1979 | 241 | 371 | LA | Lincoln | |||||||||||
LA-SBW0076-003 |
JOHN M ARMSTRONG JR ET AL | PAR OIL CORPORATION | 2/5/1980 | 282 | 202 | LA | Lincoln | |||||||||||
LA-SBW0076-004 |
PRISCILLA H BOWMAN | JOHN L SCHOBER JR | 2/5/1980 | 282 | 202 | D-26711 | LA | Lincoln | ||||||||||
231 | 618 | D-13764 | ||||||||||||||||
231 | 618 | D-13764 | ||||||||||||||||
231 | 618 | D-13764 | ||||||||||||||||
LA-SBW0077-001 |
DEWEY MILES ET UX | PAR OIL CORPORATION | 6/6/1978 | 231 | 618 | D-13764 | LA | Lincoln | ||||||||||
241 | 399 | D-17436 | ||||||||||||||||
241 | 399 | D-17436 | ||||||||||||||||
241 | 399 | D-17436 | ||||||||||||||||
LA-SBW0077-002 |
RAY GIVENS ET UX | PAR OIL CORPORATION | 12/15/1978 | 241 | 399 | D-17436 | LA | Lincoln | ||||||||||
268 | 226 | D-24565 | ||||||||||||||||
268 | 226 | D-24565 | ||||||||||||||||
LA-SBW0078-000 |
JAMES GOREE JR ET UX | MINERAL RESOURCES CORPORATION | 12/12/1979 | 268 | 226 | D-24565 | LA | Lincoln | ||||||||||
324 | 57 | D-33323 | ||||||||||||||||
324 | 57 | D-33323 | ||||||||||||||||
LA-SBW0079-000 |
LEROY JAMISON ET UX | W B MOBLEY JR | 3/3/1981 | 324 | 57 | D-33323 | LA | Lincoln | ||||||||||
206 | 475 | D-3740 | ||||||||||||||||
206 | 475 | D-3740 | ||||||||||||||||
LA-SBW0080-000 |
EFFIE MAE WILLS | HOOD GOLDSBERRY | 1/13/1977 | 206 | 475 | D-3740 | LA | Lincoln | ||||||||||
206 | 479 | D-3741 | ||||||||||||||||
206 | 479 | D-3741 | ||||||||||||||||
LA-SBW0081-000 |
JAMES E PERRY | HOOD GOLDSBERRY | 1/13/1977 | 206 | 479 | D-3741 | LA | Lincoln | ||||||||||
LA-SBW0082-000 |
GERTRUDE PEARSON BRIDGES ET VIR | MINERAL RESOURCES CORPORATION | 1/24/1977 | 205 | 383 | LA | Lincoln | |||||||||||
LA-SBW0083-000 |
ANNIE MAE THOMAS | PAR OIL COMPANY | 11/5/1976 | 204 | 516 | D-3019 | LA | Lincoln | ||||||||||
LA-SBW0084-000 |
LINCOLN BANK AND TRUST COMPANY | PAR OIL COMPANY | 11/10/1976 | 204 | 534 | LA | Lincoln | |||||||||||
LA-SBW0085-000 |
RICHARD LUDLEY | PAR OIL COMPANY | 11/17/1979 | 265 | 199 | D-24193 | LA | Lincoln | ||||||||||
LA-SBW0086-000 |
WILLIS REED | MINERAL RESOURCES CORPORATION | 6/27/1977 | 214 | 195 | D-6752 | LA | Lincoln | ||||||||||
LA-SBW0087-001 |
REBA JEAN SUMLIN HARRISON | PAR OIL CORPORATION | 10/17/1979 | 265 | 214 | D-24196 | LA | Lincoln | ||||||||||
LA-SBW0087-002 |
PEGGY JANE SUMLIN TUCKER | PAR OIL CORPORATION | 11/16/1979 | 265 | 209 | D-24195 | LA | Lincoln | ||||||||||
LA-SBW0087-003 |
JAMES ROBERT SUMLIN | PAR OIL CORPORATION | 10/17/1979 | 265 | 204 | D-24194 | LA | Lincoln | ||||||||||
LA-SBW0088-000 |
GERTRUDE PEARSON BRIDGES ET VIR | MINERAL RESOURCES CORPORATION | 1/28/1977 | 205 | 792 | LA | Lincoln | |||||||||||
LA-SBW0089-000 |
HENRY L BROWN | PAR OIL CORPORATION | 2/3/1979 | 244 | 348 | D-18405 | LA | Lincoln | ||||||||||
LA-SBW0090-000 |
ETHEL YOUNGER FLEMON ET VIR | MINERAL RESOURCES CORPORATION | 1/27/1977 | 205 | 490 | D-3335 | LA | Lincoln | ||||||||||
LA-SBW0091-000 |
MILTON YOUNGER | PAR OIL CORPORATION | 11/4/1976 | 204 | 560 | LA | Lincoln | |||||||||||
LA-SBW0092-000 |
SCOTT WILLIAM | PAR OIL CORPORATION | 11/4/1976 | 204 | 526 | D-3021 | LA | Lincoln | ||||||||||
LA-SBW0093-001 |
JOHNISE PERRY ET AL | MINERAL RESOURCES CORPORATION | 2/15/1977 | 206 | 438 | D-3728 | LA | Lincoln | ||||||||||
LA-SBW0093-002 |
MICHAEL LENORD PERRY | O B MOBLEY JR | 12/20/1979 | 270 | 329 | D-24976 | LA | Lincoln | ||||||||||
LA-SBW0094-000 |
NORMAN G PERRY ET AL | MINERAL RESOURCES CORPORATION | 2/15/1977 | 206 | 442 | D-3729 | LA | Lincoln | ||||||||||
LA-SBW0095-000 |
ELTON RAY FROST ET UX | MINERAL RESOURCES CORPORATION | 1/27/1977 | 205 | 486 | D-3334 | LA | Lincoln | ||||||||||
204 | 507 | |||||||||||||||||
204 | 507 | |||||||||||||||||
LA-SBW0096-001 |
MILTON YOUNGER ET AL | PAR OIL CORPORATION | 11/4/1976 | 204 | 507 | LA | Lincoln | |||||||||||
204 | 543 | |||||||||||||||||
204 | 543 | |||||||||||||||||
LA-SBW0096-002 |
LOUISE YOUNGER SCOTT | PAR OIL CORPORATION | 11/23/1976 | 204 | 543 | LA | Lincoln | |||||||||||
204 | 539 | |||||||||||||||||
204 | 539 | |||||||||||||||||
LA-SBW0096-003 |
ETHEL YOUNGER FLEMON ET VIR | PAR OIL CORPORATION | 9/23/1976 | 204 | 539 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
204 | 492 | D-3011 | ||||||||||||||||
204 | 492 | D-3011 | ||||||||||||||||
LA-SBW0096-004 |
JESSIE L FORD FROST ET AL | PAR OIL CORPORATION | 11/4/1976 | 204 | 492 | D-3011 | LA | Lincoln | ||||||||||
LA-SBW0097-001 |
MOLLIE T GARR PATTERSON ET AL | PAR OIL CORPORATION | 1/20/1977 | 207 | 603 | D-4124 | LA | Lincoln | ||||||||||
LA-SBW0097-002 |
VERA GARR FISHER ET AL | PAR OIL CORPORATION | 2/24/1977 | 207 | 610 | D-4125 | LA | Lincoln | ||||||||||
LA-SBW0097-003 |
JUNNICE GARR MISHEE | ENERGY DEVELOPMENT CORPORATION | 5/5/1993 | 850 | 68 | 61752 | LA | Lincoln | ||||||||||
LA-SBW0098-000 |
JOHN H LA RUE | PAR OIL CORPORATION | 12/13/1978 | 850 | 68 | 61752 | LA | Lincoln | ||||||||||
206 | 487 | |||||||||||||||||
LA-SBW0099-000 |
JAMES I NUGENT ET UX | HOOD GOLDSBERRY | 1/20/1977 | 206 | 487 | LA | Lincoln | |||||||||||
LA-SBW0100-000 |
PERRY ROSIELER | HOOD GOLDSBERRY | 1/13/1977 | 206 | 483 | D-3742 | LA | Lincoln | ||||||||||
LA-SBW0101-000 |
JESSIE B PERRY | HOOD GOLDSBERRY | 1/13/1977 | 206 | 467 | D-3738 | LA | Lincoln | ||||||||||
LA-SBW0102-000 |
MARGIE BELL ET AL | HOOD GOLDSBERRY | 1/31/1977 | 206 | 491 | D-3744 | LA | Lincoln | ||||||||||
LA-SBW0103-000 |
DANIEL BENJAMIN DURRETT | INDIGO MINERALS LLC | 7/25/2007 | 1237 | 374 | F90979 | LA | Lincoln | ||||||||||
1237 | 353 | F90971 | ||||||||||||||||
LA-SBW0104-001 |
ARTIE BETH CRANFORD RUNYON | INDIGO MINERALS LLC | 6/16/2007 | 1237 | 353 | F90971 | LA | Lincoln | ||||||||||
1237 | 355 | F90972 | ||||||||||||||||
LA-SBW0104-002 |
REBECCA ANN CRANFORD ROBERTS | INDIGO MINERALS LLC | 6/19/2007 | 1237 | 355 | F90972 | LA | Lincoln | ||||||||||
1237 | 357 | F90973 | ||||||||||||||||
LA-SBW0104-003 |
JIMMY RAN CRANFORD | INDIGO MINERALS LLC | 6/18/2007 | 1237 | 357 | F90973 | LA | Lincoln | ||||||||||
1244 | 658 | F93964 | ||||||||||||||||
LA-SBW0104-004 |
STEVEN THOMAS CRANFORD | INDIGO MINERALS LLC | 3/14/2008 | 1244 | 658 | F93964 | LA | Lincoln | ||||||||||
1225 | 401 | F86221 | ||||||||||||||||
LA-SBW0104-005 |
GEORGE MICHAEL CRANFORD | WAC INVESTMENT COMPANY LLC | 6/9/2007 | 1225 | 401 | F86221 | LA | Lincoln | ||||||||||
LA-SBW0105-000 |
JEAN LOGUE AUSTIN | INDIGO MINERALS LLC | 6/5/2007 | 1237 | 351 | F90970 | LA | Lincoln | ||||||||||
LA-SBW0106-000 |
GEFFREY WAYNE FORRESTER | INDIGO MINERALS LLC | 6/18/2007 | 1237 | 359 | F90974 | LA | Lincoln | ||||||||||
LA-SBW0107-000 |
GEFFREY WAYNE FORRESTER ET UX | INDIGO MINERALS LLC | 6/18/2007 | 1237 | 361 | F90975 | LA | Lincoln | ||||||||||
1237 | 369 | F90977 | ||||||||||||||||
LA-SBW0108-000 |
DON DURRETT ET UX | INDIGO MINERALS LLC | 6/18/2007 | 1237 | 369 | F90977 | LA | Lincoln | ||||||||||
1237 | 372 | F90978 | ||||||||||||||||
LA-SBW0109-000 |
LEE ANTHONY RODGERS ET UX | INDIGO MINERALS LLC | 6/15/2007 | 1237 | 372 | F90978 | LA | Lincoln | ||||||||||
LA-SBW0110-000 |
MAUDINE PEPPER JEFFCOATS (USUFRUCT) | INDIGO MINERALS LLC | 6/18/2007 | 1237 | 364 | F90976 | LA | Lincoln | ||||||||||
202 | 188 | |||||||||||||||||
LA-SBW0111-000 |
LORAINE N HOWARD | PAR OIL CORPORATION | 11/1/1976 | 202 | 188 | LA | Lincoln | |||||||||||
LA-SBW0112-001 |
SHELTON EARL DUNN ET UX | FRANKS PETROLEUM INC | 1/11/1978 | 242 | 471 | LA | Lincoln | |||||||||||
LA-SBW0112-002 |
NELLIE MARIE DUNN KNIGHT | FRANKS PETROLEUM INC | 1/14/1979 | 242 | 467 | LA | Lincoln | |||||||||||
LA-SBW0112-003 |
THERESA DUNN CALDWELL | FRANKS PETROLEUM INC | 1/11/1979 | 242 | 590 | LA | Lincoln | |||||||||||
LA-SBW0112-004 |
THERON J DUNN | FRANKS PETROLEUM INC | 1/14/1979 | 242 | 594 | LA | Lincoln | |||||||||||
LA-SBW0112-005 |
NELLIE BURKS DUNN | FRANKS PETROLEUM INC | 1/11/1979 | 242 | 475 | LA | Lincoln | |||||||||||
LA-SBW0113-001 |
THOMAS E STRAIN, JR | O B MOBLEY JR | 6/9/1980 | 304 | 210 | LA | Lincoln | |||||||||||
LA-SBW0113-002 |
DAVID CRAWFORD STRAIN | O B MOBLEY JR | 6/10/1980 | 304 | 206 | LA | Lincoln | |||||||||||
LA-SBW0113-003 |
DANIEL STEWART STRAIN | O B MOBLEY JR | 6/10/1980 | 304 | 198 | LA | Lincoln | |||||||||||
LA-SBW0113-004 |
KEITH ELLIOT STRAIN | O B MOBLEY JR | 6/10/1980 | 304 | 202 | LA | Lincoln | |||||||||||
LA-SBW0113-005 |
LILA STRAIN PRIME | O B MOBLEY JR | 6/10/1980 | 304 | 194 | LA | Lincoln | |||||||||||
LA-SBW0113-006 |
LUCY STRAIN MORGAN | O B MOBLEY JR | 6/9/1980 | 304 | 190 | LA | Lincoln | |||||||||||
LA-SBW0113-007 |
LAURA STRAIN FRASER | O B MOBLEY JR | 6/10/1980 | 310 | 98 | LA | Lincoln | |||||||||||
LA-SBW0113-008 |
T E STRAIN ET AL | PAR OIL CORPORATION | 11/9/1976 | 204 | 503 | LA | Lincoln | |||||||||||
LA-SBW0114-001 |
RUBY D DAVENPORT | GREGORY P MOBLEY | 6/11/1980 | 294 | 108 | LA | Lincoln | |||||||||||
LA-SBW0114-002 |
JEWEL DAVENPORT ET AL | MINERAL RESOURCES CORPORATION | 1/26/1977 | 219 | 543 | LA | Lincoln | |||||||||||
LA-SBW0115-000 |
ALFONZA PERRY | MINERAL RESOURCES CORPORATION | 1/26/1977 | 205 | 414 | LA | Lincoln | |||||||||||
LA-SBW0116-000 |
WILLIAM R SUMLIN ET UX | PAR OIL CORPORATION | 6/3/1978 | 231 | 626 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0117-000 |
GENE B WASHBURN | PAR OIL CORPORATION | 6/8/1978 | 231 | 630 | LA | Lincoln | |||||||||||
LA-SBW0118-000 |
WILLIAM RICHARD ROGERS ET UX | INDIGO MINERALS LLC | 4/4/2008 | 1247 | 48 | F94798 | LA | Lincoln | ||||||||||
LA-SBW0119-000 |
JERRY D DAVIS | INDIGO MINERALS LLC | 4/4/2008 | 1247 | 51 | F94799 | LA | Lincoln | ||||||||||
LA-SBW0120-000 |
LOUISIANA MINERALS, LTD | INDIGO MINERALS LLC | 5/2/2008 | 1248 | 240 | F95175 | LA | Lincoln | ||||||||||
LA-SBW0121-000 |
FRANCES LOUISE SIMS GAMBRELL | WAC EXPLORATION COMPANY LLC | 5/15/2007 | F85752 | LA | Lincoln | ||||||||||||
LA-SBW0122-000 |
BILLY JOE JACOBS ET UX | WAC EXPLORATION COMPANY LLC | 5/11/2007 | F85747 | LA | Lincoln | ||||||||||||
LA-SBW0123-000 |
GAIL LOGUE JACOBS | WAC EXPLORATION COMPANY LLC | 5/9/2007 | F85748 | LA | Lincoln | ||||||||||||
LA-SBW0124-001 |
BETTY ALEXANDER KNOBLOCH | WAC EXPLORATION COMPANY LLC | 5/25/2007 | F85753 | LA | Lincoln | ||||||||||||
LA-SBW0124-002 |
MONETTE ALEXANDER BELL | WAC EXPLORATION COMPANY LLC | 5/25/2007 | F85754 | LA | Lincoln | ||||||||||||
LA-SBW0125-000 |
HARRIETT BROWN SPANBERG | WAC INVESTMENT COMPANY LLC | 5/5/2007 | F85749 | LA | Lincoln | ||||||||||||
LA-SBW0126-000 |
EUNICE WILKERSON HARRIS | WAC INVESTMENT COMPANY LLC | 5/2/2007 | F85750 | LA | Lincoln | ||||||||||||
LA-SBW0127-000 |
JAMES MICHAEL JACKSON ET UX | WAC EXPLORATION COMPANY LLC | 8/10/2007 | F88202 | LA | Lincoln | ||||||||||||
LA-SBW0128-000 |
MARY ELIZABETH THOMPSON | WAC EXPLORATION COMPANY LLC | 8/11/2007 | F88203 | LA | Lincoln | ||||||||||||
LA-SBW0129-000 |
ANTHONY TUMINELLO III ET UX | WAC EXPLORATION COMPANY LLC | 8/10/2007 | F88204 | LA | Lincoln | ||||||||||||
LA-SBW0130-000 |
HUEY EDWARD THOMPSON ET UX | WAC EXPLORATION COMPANY LLC | 8/11/2007 | F88205 | LA | Lincoln | ||||||||||||
LA-SBW0131-000 |
HERBERT J WELLS ET UX | WAC EXPLORATION COMPANY LLC | 8/10/2007 | F88206 | LA | Lincoln | ||||||||||||
LA-SBW0132-000 |
D PAUL PETERSON ET UX | WAC EXPLORATION COMPANY LLC | 7/1/2007 | F86736 | LA | Lincoln | ||||||||||||
LA-SBW0133-001 |
JOHN C KRONER IV | WAC EXPLORATION COMPANY LLC | 10/1/2007 | F90271 | LA | Lincoln | ||||||||||||
LA-SBW0133-002 |
DARNELL HOLDINGS, LLC | WAC EXPLORATION COMPANY LLC | 10/1/2007 | F90272 | LA | Lincoln | ||||||||||||
LA-SBW0133-003 |
JULIA M KRONER ADAMS | WAC EXPLORATION COMPANY LLC | 10/1/2007 | F90274 | LA | Lincoln | ||||||||||||
LA-SBW0133-004 |
EDWIN W SOUR ET AL | WAC EXPLORATION COMPANY LLC | 10/1/2007 | F90275 | LA | Lincoln | ||||||||||||
LA-SBW0133-005 |
ALEX T HUNT JR ET AL | WAC EXPLORATION COMPANY LLC | 9/18/2007 | F90276 | LA | Lincoln | ||||||||||||
LA-SBW0133-006 |
LISA KRONER MILLER | WAC EXPLORATION COMPANY LLC | 10/1/2007 | F90277 | LA | Lincoln | ||||||||||||
LA-SBW0133-007 |
ROBERT HODGE TURBEVILLE | WAC EXPLORATION COMPANY LLC | 10/1/2007 | F90278 | LA | Lincoln | ||||||||||||
LA-SBW0133-008 |
ANN TURBEVILLE CAMPBELL | WAC EXPLORATION COMPANY LLC | 10/1/2007 | F90279 | LA | Lincoln | ||||||||||||
LA-SBW0133-009 |
MARY JANE TURBEVILLE FOGERTY | WAC EXPLORATION COMPANY LLC | 10/1/2007 | F90273 | LA | Lincoln | ||||||||||||
LA-SBW0134-000 |
ROCKEY VALLEY MISSIONARY BAPTIST CHURCH | PAR OIL CORPORATION | 4/24/1979 | 247 | 613 | LA | Lincoln | |||||||||||
LA-SBW0135-000 |
NEWMAN S ATTAWAY, JR ET UX | WHELESS INDUSTRIES INC | 5/2/1984 | 474 | 325 | D-55742 | LA | Lincoln | ||||||||||
LA-SBW0136-000 |
FLOY A TAYLOR ET AL | WHELESS INDUSTRIES INC | 6/2/1981 | 336 | 99 | D-35155 | LA | Lincoln | ||||||||||
LA-SBW0137-000 |
MODE CHOATE, JR | TIERRA PETROLEUM CORP | 5/8/1981 | 332 | 145 | D-34516 | LA | Lincoln | ||||||||||
LA-SBW0138-000 |
HOWARD WAYNE ROBERSON ET UX | TIERRA PETROLEUM CORP | 5/26/1981 | 339 | 145 | D-35705 | LA | Lincoln | ||||||||||
LA-SBW0139-000 |
THOMAS R GRAY ET UX | TIERRA PETROLEUM CORP | 5/8/1981 | 332 | 149 | D-34517 | LA | Lincoln | ||||||||||
LA-SBW0140-000 |
MARVIN J HYATT ET UX OLLIE GRAY HYATT | TIERRA PETROLEUM CORP | 5/8/1981 | 332 | 153 | D-34518 | LA | Lincoln | ||||||||||
LA-SBW0141-000 |
BESSIE LEE NOBLE LAZARUS ET AL | TIERRA PETROLEUM CORP | 5/18/1981 | 333 | 295 | D-34759 | LA | Lincoln | ||||||||||
LA-SBW0142-000 |
LURLINE HOWELL EVANS | TIERRA PETROLEUM CORP | 5/6/1981 | 331 | 298 | D-34417 | LA | Lincoln | ||||||||||
LA-SBW0143-001 |
F JAMES FOSTER ET UX | TIERRA PETROLEUM CORP | 7/27/1981 | 343 | 246 | D-36475 | LA | Lincoln | ||||||||||
LA-SBW0143-002 |
RUBY JEAN RUSSELL ET AL | TIERRA PETROLEUM CORP | 5/18/1981 | 333 | 291 | D34758 | LA | Lincoln | ||||||||||
LA-SBW0143-003 |
HELEN MARIE MAYS EDMISTON ET VIR | TIERRA PETROLEUM CORP | 5/18/1981 | 334 | 159 | D34887 | LA | Lincoln | ||||||||||
LA-SBW0144-000 |
BOBBY RAY RUSSELL ET UX | TIERRA PETROLEUM CORP | 5/28/1981 | 339 | 149 | D-35706 | LA | Lincoln | ||||||||||
LA-SBW0145-000 |
J L GOODWIN ET UX | TIERRA PETROLEUM CORP | 5/28/1981 | 339 | 141 | D-35704 | LA | Lincoln | ||||||||||
LA-SBW0146-000 |
CONTRACTORS FINANCE CO, INC | TIERRA PETROLEUM CORP | 6/4/1981 | 339 | 137 | D-35703 | LA | Lincoln | ||||||||||
LA-SBW0147-000 |
ROBERSON LUMBER COMPANY | TIERRA PETROLEUM CORP | 5/19/1981 | 339 | 133 | D-35702 | LA | Lincoln | ||||||||||
LA-SBW0148-000 |
CHARLES CHOATE ET UX | TIERRA PETROLEUM CORP | 6/2/1981 | 339 | 153 | D-35707 | LA | Lincoln | ||||||||||
LA-SBW0149-000 |
WALTER R LEDBETTER ET UX | TIERRA PETROLEUM CORP | 9/16/1981 | 348 | 326 | D-37273 | LA | Lincoln | ||||||||||
LA-SBW0150-000 |
LESTER F HOLLOWAY, JR ET UX | TIERRA PETROLEUM CORP | 5/28/1981 | 335 | 130 | D-35002 | LA | Lincoln | ||||||||||
LA-SBW0151-000 |
LORETTA SHADOW OWENS ET AL | WHELESS INDUSTRIES INC | 3/30/1984 | 469 | 28 | D-55147 | LA | Lincoln | ||||||||||
LA-SBW0152-001 |
ALICE RAGAN M MILAM ET AL | WHELESS INDUSTRIES INC | 12/13/1984 | 505 | 90 | LA | Lincoln | |||||||||||
426 | 146 | |||||||||||||||||
LA-SBW0153-000 |
STATE OF LOUISIANA OPERATING AGREEMENT/LEASE | WHELESS INDUSTRIES INC | 3/14/1986 | 583 | 196 | LA | Lincoln | |||||||||||
LA-SBW0154-001 |
BILLIE ADAMS JR | WHELESS INDUSTRIES INC | 5/20/1983 | 435 | 1 | LA | Lincoln | |||||||||||
LA-SBW0154-002 |
MINNIE LEE HOLBERT ADAMS | WHELESS INDUSTRIES INC | 5/20/1983 | 600 | 324 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0155-001 |
WALTER LEON KING ET UX | WHELESS INDUSTRIES INC | 6/9/1983 | 438 | 47 | LA | Lincoln | |||||||||||
LA-SBW0155-002 |
LENNIE MAE KING FORD | WHELESS INDUSTRIES INC | 6/9/1983 | 438 | 147 | LA | Lincoln | |||||||||||
LA-SBW0156-000 |
CTC MINERALS, INC | WHELESS INDUSTRIES INC | 7/22/1983 | 442 | 202 | LA | Lincoln | |||||||||||
LA-SBW0157-000 |
MARY J ELLIS | WHELESS INDUSTRIES INC | 5/19/1983 | 445 | 100 | LA | Lincoln | |||||||||||
LA-SBW0158-000 |
BOBBIE JEAN DAVIS | WHELESS INDUSTRIES INC | 7/24/1984 | 501 | 160 | LA | Lincoln | |||||||||||
LA-SBW0159-000 |
JAVA HARRIS JACKSON | WHELESS INDUSTRIES INC | 7/23/1984 | 501 | 164 | LA | Lincoln | |||||||||||
LA-SBW0160-001 |
ROSETTA J BOWDEN | WHELESS INDUSTRIES INC | 7/23/1984 | 501 | 168 | LA | Lincoln | |||||||||||
LA-SBW0160-002 |
FLORESE JACKSON HUNT | WHELESS INDUSTRIES INC | 7/19/1984 | 501 | 172 | LA | Lincoln | |||||||||||
LA-SBW0160-003 |
LA RUTH J WILSON | WHELESS INDUSTRIES INC | 7/20/1984 | 501 | 176 | LA | Lincoln | |||||||||||
LA-SBW0160-004 |
PONDEXTER JACKSON | WHELESS INDUSTRIES INC | 1/10/1985 | 513 | 232 | LA | Lincoln | |||||||||||
LA-SBW0161-001 |
OTIS JACKSON | WHELESS INDUSTRIES INC | 7/20/1984 | 501 | 180 | LA | Lincoln | |||||||||||
LA-SBW0161-002 |
RALPH JACKSON | WHELESS INDUSTRIES INC | 7/20/1984 | 501 | 184 | LA | Lincoln | |||||||||||
LA-SBW0161-003 |
FAIRY BELL J HENDERSON | WHELESS INDUSTRIES INC | 7/20/1984 | 501 | 188 | LA | Lincoln | |||||||||||
LA-SBW0161-004 |
AUGUSTA JACKSON | WHELESS INDUSTRIES INC | 8/3/1984 | 501 | 192 | LA | Lincoln | |||||||||||
LA-SBW0161-005 |
JAMES J JACKSON | WHELESS INDUSTRIES INC | 8/30/1984 | 501 | 197 | LA | Lincoln | |||||||||||
LA-SBW0161-006 |
TERESA CHRISTOPHE | WHELESS INDUSTRIES INC | 8/13/1984 | 501 | 202 | LA | Lincoln | |||||||||||
LA-SBW0161-007 |
NORMA JACKSON WOODARD | WHELESS INDUSTRIES INC | 9/4/1984 | 501 | 207 | LA | Lincoln | |||||||||||
LA-SBW0161-008 |
PEARLIE MAE J CAMPBELL | WHELESS INDUSTRIES INC | 1/7/1985 | 519 | 182 | LA | Lincoln | |||||||||||
LA-SBW0162-001 |
JAVA HARRIS JACKSON | WHELESS INDUSTRIES INC | 7/24/1984 | 501 | 212 | LA | Lincoln | |||||||||||
LA-SBW0162-002 |
GWENDOLYN SUTSON LOVELACE | WHELESS INDUSTRIES INC | 9/4/1984 | 501 | 217 | LA | Lincoln | |||||||||||
LA-SBW0162-003 |
JAMESETTA SUTSON STEWART | WHELESS INDUSTRIES INC | 8/31/1984 | 501 | 222 | LA | Lincoln | |||||||||||
LA-SBW0162-004 |
DIANNE SUTSON MCKINNEY | WHELESS INDUSTRIES INC | 8/1/1984 | 502 | 114 | LA | Lincoln | |||||||||||
501 | 227 | |||||||||||||||||
501 | 227 | |||||||||||||||||
LA-SBW0163-001 |
CYNTHIA HAMLIN OZENE | WHELESS INDUSTRIES INC | 8/9/1984 | 501 | 227 | LA | Lincoln | |||||||||||
501 | 232 | |||||||||||||||||
501 | 232 | |||||||||||||||||
LA-SBW0163-002 |
WILBERT C GARNER | WHELESS INDUSTRIES INC | 8/6/1984 | 501 | 232 | LA | Lincoln | |||||||||||
501 | 237 | |||||||||||||||||
501 | 237 | |||||||||||||||||
LA-SBW0163-003 |
CHRISTINE BRIM FULLER | WHELESS INDUSTRIES INC | 8/15/1984 | 501 | 237 | LA | Lincoln | |||||||||||
501 | 242 | |||||||||||||||||
LA-SBW0163-004 |
ICELIA REAMOR LAND ET VIR | WHELESS INDUSTRIES INC | 8/2/1984 | 501 | 242 | LA | Lincoln | |||||||||||
501 | 247 | |||||||||||||||||
501 | 247 | |||||||||||||||||
LA-SBW0163-005 |
LAWRENCE E GARNER | WHELESS INDUSTRIES INC | 8/2/1984 | 501 | 247 | LA | Lincoln | |||||||||||
501 | 252 | |||||||||||||||||
LA-SBW0163-006 |
BENOIT T REAMOR | WHELESS INDUSTRIES INC | 8/6/1984 | 501 | 252 | LA | Lincoln | |||||||||||
501 | 257 | |||||||||||||||||
LA-SBW0163-007 |
WILLIE BURSON | WHELESS INDUSTRIES INC | 8/6/1984 | 501 | 257 | LA | Lincoln | |||||||||||
501 | 262 | |||||||||||||||||
501 | 262 | |||||||||||||||||
LA-SBW0163-008 |
KATHRYN GARNER MANADIER | WHELESS INDUSTRIES INC | 8/15/1984 | 501 | 262 | LA | Lincoln | |||||||||||
501 | 63 | |||||||||||||||||
501 | 63 | |||||||||||||||||
LA-SBW0163-009 |
ALBERT L GARNER | WHELESS INDUSTRIES INC | 8/8/1984 | 501 | 63 | LA | Lincoln | |||||||||||
501 | 68 | |||||||||||||||||
501 | 68 | |||||||||||||||||
LA-SBW0163-010 |
MARY BRIM CAPERS | WHELESS INDUSTRIES INC | 8/20/1984 | 501 | 68 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
501 | 73 | |||||||||||||||||
501 | 73 | |||||||||||||||||
501 | 73 | |||||||||||||||||
LA-SBW0163-011 |
JEAN F OSBORNE ET VIR | WHELESS INDUSTRIES INC | 8/6/1984 | 501 | 73 | LA | Lincoln | |||||||||||
501 | 78 | |||||||||||||||||
501 | 78 | |||||||||||||||||
LA-SBW0163-012 |
WILLIE MAE BRIM | WHELESS INDUSTRIES INC | 8/28/1984 | 501 | 78 | LA | Lincoln | |||||||||||
501 | 83 | |||||||||||||||||
501 | 83 | |||||||||||||||||
LA-SBW0163-013 |
LUTHER HAMLIN JR | WHELESS INDUSTRIES INC | 8/20/1984 | 501 | 83 | LA | Lincoln | |||||||||||
501 | 88 | |||||||||||||||||
501 | 88 | |||||||||||||||||
LA-SBW0163-014 |
CATHERINE BRIM WILSON | WHELESS INDUSTRIES INC | 8/16/1984 | 501 | 88 | LA | Lincoln | |||||||||||
501 | 93 | |||||||||||||||||
LA-SBW0163-015 |
SAMUEL J WILLIAMS | WHELESS INDUSTRIES INC | 8/9/1984 | 501 | 93 | LA | Lincoln | |||||||||||
501 | 98 | |||||||||||||||||
501 | 98 | |||||||||||||||||
LA-SBW0163-016 |
MILDRED BRIM BEAL | WHELESS INDUSTRIES INC | 8/23/1984 | 501 | 98 | LA | Lincoln | |||||||||||
501 | 103 | |||||||||||||||||
LA-SBW0163-017 |
JOHNNIE B RAMSEY | WHELESS INDUSTRIES INC | 8/15/1984 | 501 | 103 | LA | Lincoln | |||||||||||
501 | 108 | |||||||||||||||||
501 | 108 | |||||||||||||||||
LA-SBW0163-018 |
JAMES WILLIAMS BRIM | WHELESS INDUSTRIES INC | 8/31/1984 | 501 | 108 | LA | Lincoln | |||||||||||
501 | 113 | |||||||||||||||||
501 | 113 | |||||||||||||||||
LA-SBW0163-019 |
DOROTHY BRIM BURR | WHELESS INDUSTRIES INC | 8/23/1984 | 501 | 113 | LA | Lincoln | |||||||||||
501 | 118 | |||||||||||||||||
501 | 118 | |||||||||||||||||
LA-SBW0163-020 |
MELVIN BRIM | WHELESS INDUSTRIES INC | 8/23/1984 | 501 | 118 | LA | Lincoln | |||||||||||
501 | 123 | |||||||||||||||||
LA-SBW0163-021 |
ALTHEA COLLIER MITCHELL | WHELESS INDUSTRIES INC | 8/16/1984 | 501 | 123 | LA | Lincoln | |||||||||||
501 | 128 | |||||||||||||||||
LA-SBW0163-022 |
BEVERLY COLLIER CLAY | WHELESS INDUSTRIES INC | 8/16/1984 | 501 | 128 | LA | Lincoln | |||||||||||
502 | 105 | |||||||||||||||||
LA-SBW0163-023 |
RALPH WAYNE COLLIER | WHELESS INDUSTRIES INC | 8/16/1984 | 502 | 105 | LA | Lincoln | |||||||||||
503 | 110 | |||||||||||||||||
LA-SBW0163-024 |
MARVA COLLIER | WHELESS INDUSTRIES INC | 8/16/1984 | 503 | 110 | LA | Lincoln | |||||||||||
505 | 99 | |||||||||||||||||
LA-SBW0163-025 |
REGINALD COLLIER | WHELESS INDUSTRIES INC | 10/31/1984 | 505 | 99 | LA | Lincoln | |||||||||||
505 | 104 | |||||||||||||||||
505 | 104 | |||||||||||||||||
LA-SBW0163-026 |
WALTER STEVE BRIM | WHELESS INDUSTRIES INC | 11/1/1984 | 505 | 104 | LA | Lincoln | |||||||||||
505 | 109 | |||||||||||||||||
505 | 109 | |||||||||||||||||
LA-SBW0163-027 |
MAXINE BRIM | WHELESS INDUSTRIES INC | 11/1/1984 | 505 | 109 | LA | Lincoln | |||||||||||
505 | 109 | |||||||||||||||||
505 | 258 | |||||||||||||||||
LA-SBW0163-028 |
PATRICIA A BRIM FISHER | WHELESS INDUSTRIES INC | 11/1/1984 | 505 | 258 | LA | Lincoln | |||||||||||
516 | 65 | |||||||||||||||||
516 | 65 | |||||||||||||||||
LA-SBW0163-029 |
JOHNETTE B BRIM | WHELESS INDUSTRIES INC | 11/1/1984 | 516 | 65 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0164-001 |
T W AUBREY | WHELESS INDUSTRIES INC | 5/23/1983 | 433 | 289 | LA | Lincoln | |||||||||||
LA-SBW0164-002 |
MATTIE LEE BERRY | WHELESS INDUSTRIES INC | 5/26/1983 | 435 | 5 | LA | Lincoln | |||||||||||
LA-SBW0164-003 |
ESTELLA WALKER | WHELESS INDUSTRIES INC | 5/26/1983 | 435 | 5 | LA | Lincoln | |||||||||||
LA-SBW0164-004 |
MAUDE WASHINGTON ET AL | WHELESS INDUSTRIES INC | 5/23/1983 | 435 | 5 | LA | Lincoln | |||||||||||
LA-SBW0164-005 |
HENRY ALLEN WILSON | WHELESS INDUSTRIES INC | 5/26/1983 | 435 | 5 | LA | Lincoln | |||||||||||
LA-SBW0165-000 |
B H HUMPHREY ET UX | WHELESS INDUSTRIES INC | 5/24/1983 | 433 | 273 | LA | Lincoln | |||||||||||
LA-SBW0166-000 |
RUBY HARRIS BROWN ET AL | WHELESS INDUSTRIES INC | 6/6/1983 | 434 | 337 | LA | Lincoln | |||||||||||
LA-SBW0167-000 |
CLIFTON H JACKSON ET UX | WHELESS INDUSTRIES INC | 6/2/1983 | 434 | 345 | LA | Lincoln | |||||||||||
LA-SBW0168-000 |
CONNIE D COLE ET UX | WHELESS INDUSTRIES INC | 5/26/1983 | 434 | 341 | LA | Lincoln | |||||||||||
LA-SBW0169-000 |
OPHELIA C AUSTIN | WHELESS INDUSTRIES INC | 11/23/1982 | 417 | 320 | LA | Lincoln | |||||||||||
LA-SBW0170-001 |
AUBREY LAND ET AL | WHELESS INDUSTRIES INC | 5/23/1983 | 433 | 70 | LA | Lincoln | |||||||||||
LA-SBW0170-002 |
JULIA F PAYNE | WHELESS INDUSTRIES INC | 5/23/1983 | 433 | 285 | LA | Lincoln | |||||||||||
LA-SBW0170-003 |
ROBERT FRAZIER | WHELESS INDUSTRIES INC | 5/23/1983 | 433 | 281 | LA | Lincoln | |||||||||||
LA-SBW0170-004 |
LEVESTER LAND | WHELESS INDUSTRIES INC | 5/24/1983 | 433 | 265 | LA | Lincoln | |||||||||||
LA-SBW0170-005 |
VERA M TAYLOR, ADMIN | WHELESS INDUSTRIES INC | 5/24/1983 | 435 | 9 | LA | Lincoln | |||||||||||
LA-SBW0170-006 |
LILLIE E MALONE GREEN | WHELESS INDUSTRIES INC | 5/24/1983 | 435 | 13 | LA | Lincoln | |||||||||||
LA-SBW0170-007 |
CLYDE D STREET | WHELESS INDUSTRIES INC | 6/9/1983 | 438 | 51 | LA | Lincoln | |||||||||||
417 | 294 | |||||||||||||||||
LA-SBW0171-001 |
CYNTHIA C RHONE ET VIR | WHELESS INDUSTRIES INC | 11/23/1982 | 417 | 294 | LA | Lincoln | |||||||||||
417 | 155 | |||||||||||||||||
LA-SBW0171-002 |
CECELIA C PAGE ET VIR | WHELESS INDUSTRIES INC | 11/23/1982 | 417 | 294 | LA | Lincoln | |||||||||||
417 | 145 | |||||||||||||||||
LA-SBW0171-003 |
JAMES M CORNWELL ET UX | WHELESS INDUSTRIES INC | 11/23/1982 | 417 | 145 | LA | Lincoln | |||||||||||
417 | 150 | |||||||||||||||||
LA-SBW0171-004 |
HAROLD CORNWELL ET UX | WHELESS INDUSTRIES INC | 11/22/1982 | 417 | 150 | LA | Lincoln | |||||||||||
LA-SBW0171-005 |
LAVERNE C BURKS | WHELESS INDUSTRIES INC | 12/20/1982 | 417 | 263 | LA | Lincoln | |||||||||||
LA-SBW0171-006 |
ALVERN BELTON | WHELESS INDUSTRIES INC | 12/8/1982 | 417 | 268 | LA | Lincoln | |||||||||||
421 | 106 | |||||||||||||||||
LA-SBW0171-007 |
ROBERT C CORNWELL ET UX | WHELESS INDUSTRIES INC | 2/3/1983 | 421 | 106 | LA | Lincoln | |||||||||||
LA-SBW0171-008 |
DENNIS CORNWELL | WHELESS INDUSTRIES INC | 5/24/1983 | 433 | 80 | LA | Lincoln | |||||||||||
LA-SBW0171-009 |
MABEL MCLAUGHLIN | WHELESS INDUSTRIES INC | 5/19/1983 | 433 | 293 | LA | Lincoln | |||||||||||
LA-SBW0172-000 |
WILLIE COLVIN SCOTT ET UX ROSIE CANDLER SCOTT | WHELESS INDUSTRIES INC | 5/25/1983 | 433 | 269 | LA | Lincoln | |||||||||||
LA-SBW0173-000 |
GEORGIA CARTER SCOTT | WHELESS INDUSTRIES INC | 5/25/1983 | 433 | 269 | LA | Lincoln | |||||||||||
LA-SBW0174-000 |
LIBERTY HILL BAPTIST ASSOCIATION, INC | WHELESS INDUSTRIES INC | 10/23/1984 | 501 | 137 | LA | Lincoln | |||||||||||
LA-SBW0175-000 |
THEODIS WILLIAMS ET UX ELAINE WILLIAMS | WHELESS INDUSTRIES INC | 11/1/1984 | 501 | 142 | LA | Lincoln | |||||||||||
LA-SBW0176-001 |
BILLIE ADAMS, JR | WHELESS INDUSTRIES INC | 10/3/1984 | 501 | 146 | LA | Lincoln | |||||||||||
LA-SBW0176-002 |
GRACIE ADAMS WATSON | WHELESS INDUSTRIES INC | 10/3/1984 | 501 | 151 | LA | Lincoln | |||||||||||
LA-SBW0176-003 |
LORENE ADAMS TAYLOR | WHELESS INDUSTRIES INC | 11/16/1984 | 502 | 119 | LA | Lincoln | |||||||||||
LA-SBW0176-004 |
AZZIE LEE ADAMS PARKS | WHELESS INDUSTRIES INC | 11/23/1984 | 502 | 124 | LA | Lincoln | |||||||||||
LA-SBW0176-005 |
AZZIE LEE ADAMS PARKS | WHELESS INDUSTRIES INC | 11/16/1984 | 502 | 129 | LA | Lincoln | |||||||||||
LA-SBW0176-006 |
BOYD ADAMS | WHELESS INDUSTRIES INC | 11/23/1984 | 502 | 135 | LA | Lincoln | |||||||||||
LA-SBW0176-007 |
CLEOPHAS ADAMS | WHELESS INDUSTRIES INC | 12/4/1984 | 507 | 130 | LA | Lincoln | |||||||||||
LA-SBW0176-008 |
CLARENCE ADAMS | WHELESS INDUSTRIES INC | 10/31/1984 | 511 | 239 | LA | Lincoln | |||||||||||
LA-SBW0176-009 |
PRINCE ADAMS | WHELESS INDUSTRIES INC | 1/24/1985 | 516 | 218 | LA | Lincoln | |||||||||||
LA-SBW0176-010 |
CHARLES T ADAMS | WHELESS INDUSTRIES INC | 1/15/1985 | 516 | 223 | LA | Lincoln | |||||||||||
LA-SBW0177-000 |
CLARENCE TAYLOR ET UX | WHELESS INDUSTRIES INC | 11/16/1984 | 502 | 110 | LA | Lincoln | |||||||||||
LA-SBW0178-000 |
IRMA G MCHENRY, AGENT & AIF FOR | WHELESS INDUSTRIES INC | 12/7/1984 | 503 | 234 | LA | Lincoln | |||||||||||
LA-SBW0179-000 |
AUBREY LAND ET UX ICELIA REAMOR LAND | WHELESS INDUSTRIES INC | 12/11/1984 | 505 | 94 | LA | Lincoln | |||||||||||
LA-SBW0180-000 |
ANTHONY J JONES, II ET UX | WHELESS INDUSTRIES INC | 10/28/1982 | 405 | 193 | LA | Lincoln | |||||||||||
LA-SBW0181-000 |
EULA JACKSON | WHELESS INDUSTRIES INC | 11/9/1982 | 418 | 56 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0182-001 |
LOUVENIA CHARLES WILLIAMS | WHELESS INDUSTRIES INC | 2/6/1985 | 516 | 61 | LA | Lincoln | |||||||||||
LA-SBW0182-002 |
ANNA MAE JACKSON | WHELESS INDUSTRIES INC | 10/29/1986 | 600 | 320 | LA | Lincoln | |||||||||||
LA-SBW0182-003 |
VESTA WILLIAMS GANT | WHELESS INDUSTRIES INC | 10/29/1986 | 603 | 327 | LA | Lincoln | |||||||||||
LA-SBW0183-001 |
MARY ELLEN LEWIS | WHELESS INDUSTRIES INC | 1/28/1985 | 518 | 180 | LA | Lincoln | |||||||||||
LA-SBW0183-002 |
CLIFTON JACKSON | TXO PRODUCTION COMPANY | 7/5/1984 | 485 | 93 | LA | Lincoln | |||||||||||
LA-SBW0183-003 |
ANDREW JACKSON | TXO PRODUCTION COMPANY | 7/5/1984 | 485 | 97 | LA | Lincoln | |||||||||||
LA-SBW0183-004 |
MAGNOLIA BENNETT RENTZ | TXO PRODUCTION COMPANY | 7/5/1984 | 486 | 21 | LA | Lincoln | |||||||||||
LA-SBW0183-005 |
NICEY BENNETT GRIFFIN | TXO PRODUCTION COMPANY | 7/5/1984 | 486 | 25 | LA | Lincoln | |||||||||||
LA-SBW0183-006 |
ETHILENE Y CARTER ET AL | TXO PRODUCTION COMPANY | 7/8/1984 | 487 | 80 | LA | Lincoln | |||||||||||
LA-SBW0183-007 |
PUELLA GILES | TXO PRODUCTION COMPANY | 7/5/1984 | 487 | 84 | LA | Lincoln | |||||||||||
LA-SBW0183-008 |
PAUL L YOUNGER | TXO PRODUCTION COMPANY | 7/8/1984 | 490 | 97 | LA | Lincoln | |||||||||||
LA-SBW0184-001 |
ALLEEN KING CAREY, INDIVIDUALLY AND AS | WHELESS INDUSTRIES INC | 1/9/1987 | 614 | 146 | LA | Lincoln | |||||||||||
LA-SBW0185-000 |
L D MOORE ET UX SHIRLEY M MOORE | WHELESS INDUSTRIES INC | 2/7/1985 | 516 | 49 | LA | Lincoln | |||||||||||
LA-SBW0186-000 |
LORENE LEWIS FRANKLIN | WHELESS INDUSTRIES INC | 10/19/1982 | 405 | 189 | LA | Lincoln | |||||||||||
LA-SBW0187-000 |
LEATHA LEWIS WILSON ET VIR | WHELESS INDUSTRIES INC | 10/19/1982 | 406 | 152 | LA | Lincoln | |||||||||||
LA-SBW0188-000 |
JULIA JACKSON | WHELESS INDUSTRIES INC | 5/25/1983 | 433 | 75 | LA | Lincoln | |||||||||||
LA-SBW0189-000 |
WILLIE GENE JACKSON | WHELESS INDUSTRIES INC | 12/7/1982 | 417 | 329 | LA | Lincoln | |||||||||||
LA-SBW0190-000 |
LEROY BURKS ET UX | WHELESS INDUSTRIES INC | 11/15/1982 | 417 | 93 | LA | Lincoln | |||||||||||
LA-SBW0191-000 |
MOUNT ZION BAPTIST CHURCH | WHELESS INDUSTRIES INC | 12/5/1982 | 417 | 341 | LA | Lincoln | |||||||||||
LA-SBW0192-000 |
IDA V LEE | WHELESS INDUSTRIES INC | 8/24/1984 | 501 | 133 | LA | Lincoln | |||||||||||
LA-SBW0193-000 |
REVIE F WILLIAMS ET AL | WHELESS INDUSTRIES INC | 7/8/1983 | 445 | 104 | LA | Lincoln | |||||||||||
LA-SBW0194-000 |
L C LEWIS ET UX | WHELESS INDUSTRIES INC | 10/14/1982 | 403 | 292 | LA | Lincoln | |||||||||||
LA-SBW0195-000 |
SENTELIA ISAAC LEWIS | WHELESS INDUSTRIES INC | 10/14/1982 | 403 | 296 | LA | Lincoln | |||||||||||
LA-SBW0196-001 |
JOHN T JACKSON, JR | WHELESS INDUSTRIES INC | 11/22/1982 | 418 | 25 | LA | Lincoln | |||||||||||
LA-SBW0196-002 |
MINNIE J BETTERS ET VIR | WHELESS INDUSTRIES INC | 12/1/1982 | 417 | 80 | LA | Lincoln | |||||||||||
LA-SBW0197-000 |
STEVEN BOLT SUMRALL | INDIGO MINERALS LLC | 12/5/2008 | 1264 | 509 | F101312 | LA | Lincoln | ||||||||||
LA-SBW0198-000 |
STEVEN THOMAS CRANFORD SR | INDIGO MINERALS LLC | 11/20/2008 | 1263 | 600 | F100985 | LA | Lincoln | ||||||||||
LA-SBW0199-000 |
THE KANSAS CITY SOUTHERN RAILWAY COMPANY | INDIGO MINERALS LLC | 3/9/2009 | 1269 | 523 | F103436 | LA | Lincoln | ||||||||||
LA-SBW0200-001 |
JOYCE DIANE SMITH ROAN | TENSAS DELTA EXPLORATION COMPANY LLC | 11/21/2005 | 1192 | 477 | F72680 | LA | Lincoln | ||||||||||
LA-SBW0200-002 |
BILLY GENE SMITH | TENSAS DELTA EXPLORATION COMPANY LLC | 11/21/2005 | 1192 | 480 | F72681 | LA | Lincoln | ||||||||||
LA-SBW0201-000 |
WPS INDUSTRIES INC | TENSAS DELTA EXPLORATION COMPANY LLC | 1/31/2006 | 1193 | 244 | F73048 | LA | Lincoln | ||||||||||
LA-SBW0202-000 |
HARRY LEE JONES ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 12/1/2005 | 1192 | 483 | F72682 | LA | Lincoln | ||||||||||
LA-SBW0203-001 |
NELWYN BELL GRIFFIN | TENSAS DELTA EXPLORATION COMPANY LLC | 12/10/2005 | 1192 | 486 | F72683 | LA | Lincoln | ||||||||||
LA-SBW0203-002 |
DANNY LEE BELL | TENSAS DELTA EXPLORATION COMPANY LLC | 12/10/2005 | 1192 | 489 | F72684 | LA | Lincoln | ||||||||||
LA-SBW0204-000 |
THE KANSAS CITY SOUTHERN RAILWAY COMPANY | TENSAS DELTA EXPLORATION COMPANY LLC | 11/4/2005 | 1192 | 466 | F72679 | LA | Lincoln | ||||||||||
LA-SBW0205-000 |
WILLIAM W SMITH III ET UX | TENSAS DELTA EXPLORATIONS COMPANY LLC | 4/13/2006 | F73858 | LA | Lincoln | ||||||||||||
LA-SBW0206-000 |
WEYERHAEUSER COMPANY | TENSAS DELTA EXPLORATION COMPANY LLC | 4/6/2006 | 1195 | 708 | F74117 | LA | Lincoln | ||||||||||
LA-SBW0207-000 |
FAZAL ENTERPRISES INC | TENSAS DELTA EXPLORATION COMPANY LLC | 4/13/2006 | 1195 | 814 | F74192 | LA | Lincoln | ||||||||||
LA-SBW0208-000 |
JERRY LEN WHITE ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 4/27/2006 | 1196 | 109 | F74256 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0209-000 |
HERBERT LEE HOLLAND | TENSAS DELTA EXPLORATION COMPANY LLC | 5/1/2006 | 1196 | 106 | F74255 | LA | Lincoln | ||||||||||
1197 | 354 | F74865 | ||||||||||||||||
LA-SBW0210-000 |
HOMER ALLEN BRASHEAR | TENSAS DELTA EXPLORATION COMPANY LLC | 5/12/2006 | F74865 | LA | Lincoln | ||||||||||||
LA-SBW0211-000 |
TRB HOUSING LLC | TENSAS DELTA EXPLORATION COMPANY LLC | 5/15/2006 | 1197 | 363 | F74868 | LA | Lincoln | ||||||||||
LA-SBW0212-000 |
JOSEPH N REED ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 5/18/2006 | 1197 | 360 | F74867 | LA | Lincoln | ||||||||||
1197 | 357 | F74866 | ||||||||||||||||
LA-SBW0213-001 |
JIMMY CHOATE | TENSAS DELTA EXPLORATION COMPANY LLC | 5/15/2006 | F74866 | LA | Lincoln | ||||||||||||
1197 | 348 | F74863 | ||||||||||||||||
LA-SBW0213-002 |
LINDA BOUNDS CHOATE | TENSAS DELTA EXPLORATION COMPANY LLC | 5/15/2006 | F74863 | LA | Lincoln | ||||||||||||
LA-SBW0213-003 |
CHARLES CHOATE JR ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 3/1/2007 | 1217 | 522 | F83024 | LA | Lincoln | ||||||||||
LA-SBW0214-000 |
ALICE BOWERS CHOATE | TENSAS DELTA EXPLORATION COMPANY LLC | 5/15/2006 | 1197 | 351 | F74864 | LA | Lincoln | ||||||||||
LA-SBW0215-000 |
ROCKY VALLEY MISSIONARY BAPTIST CHURCH | TENSAS DELTA EXPLORATION COMPANY LLC | 5/28/2006 | 1198 | 431 | F75387 | LA | Lincoln | ||||||||||
LA-SBW0216-000 |
JOHN ROBERT CHERRY ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 5/12/2006 | 1198 | 436 | F75388 | LA | Lincoln | ||||||||||
LA-SBW0217-000 |
MICHAEL JOE MCDANIEL ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 5/28/2009 | 1198 | 439 | F75389 | LA | Lincoln | ||||||||||
LA-SBW0218-000 |
THOMAS JEFFERSON NAPPER ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 8/11/2006 | 1202 | 553 | F77256 | LA | Lincoln | ||||||||||
LA-SBW0219-000 |
ROBERT EMMETT BEST | TENSAS DELTA EXPLORATION COMPANY LLC | 9/11/2006 | 1205 | 335 | F78530 | LA | Lincoln | ||||||||||
LA-SBW0220-000 |
M & S GRINDING SERVICE, LLC | TENSAS DELTA EXPLORATION COMPANY LLC | 9/12/2006 | 1204 | 734 | F78267 | LA | Lincoln | ||||||||||
LA-SBW0221-000 |
SAINT GOBAIN CONTAINERS INC | TENSAS DELTA EXPLORATION COMPANY LLC | 8/31/2006 | 1205 | 653 | F78739 | LA | Lincoln | ||||||||||
LA-SBW0222-000 |
BARRY REGINALD CANTERBURY ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 10/19/2006 | 1206 | 237 | F78916 | LA | Lincoln | ||||||||||
LA-SBW0223-000 |
DON DURRETT ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 10/19/2006 | 1206 | 234 | F78915 | LA | Lincoln | ||||||||||
LA-SBW0224-000 |
MICHAEL BRIAN CANTERBURY | TENSAS DELTA EXPLORATION COMPANY LLC | 11/3/2006 | 1207 | 18 | F79226 | LA | Lincoln | ||||||||||
LA-SBW0225-000 |
LONNIE KIMBRELL ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 10/26/2006 | 1207 | 15 | F79225 | LA | Lincoln | ||||||||||
LA-SBW0226-000 |
MARY ANN NAPPER COLE | KCS RESOURCES INC | 12/6/2004 | 1169 | 426 | F61574 | LA | Lincoln | ||||||||||
LA-SBW0227-000 |
MARGARET BURT MADDEN ET AL | KCS RESOURCES INC | 11/26/2004 | 1169 | 428 | F61575 | LA | Lincoln | ||||||||||
LA-SBW0228-001 |
CHARLES DAVID MOSHINSKIE | KCS MEDALLION RESOURCES INC | 11/9/2001 | 1127 | 460 | F35075 | LA | Lincoln | ||||||||||
LA-SBW0228-002 |
JAMES FRANCIS MOSHINSKIE | KCS MEDALLION RESOURCES INC | 11/9/2001 | 1127 | 474 | 35080 | LA | Lincoln | ||||||||||
1167 | 166 | F60331 | ||||||||||||||||
LA-SBW0229-001 |
ODIS ARNOLD MATTHEWS ET AL | HOOD PETROLEUM INC | 11/23/2004 | 1167 | 166 | 060331 | LA | Lincoln | ||||||||||
LA-SBW0230-001 |
KEITH HAROLD RATCLIFF ET UX | HOOD PETROLEUM INC | 11/30/2004 | 1167 | 469 | F60493 | LA | Lincoln | ||||||||||
1187 | 020 | F70209 | ||||||||||||||||
1187 | 022 | F70209 | ||||||||||||||||
LA-SBW0231-001 |
RICHARD KEITH CANTERBURY ET UX | PETROHOOD CORPORATION | 11/18/2005 | 1187 | 022 | F70209 | LA | Lincoln | ||||||||||
1189 | 240 | F71317 | ||||||||||||||||
1189 | 242 | F71317 | ||||||||||||||||
LA-SBW0231-002 |
DURRETT CONSTRUCTION COMPANY INC ET AL | PETROHOOD CORPORATION | 11/18/2005 | 1189 | 242 | F71317 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0232-001 |
AUBREY L RICHARDSON ET UX | PETROHOOD CORPORATION | 2/15/2006 | 1192 | 229 | F72542 | LA | Lincoln | ||||||||||
LA-SBW0233-000 |
PULPWOOD PRODUCERS INC | COWGILL & ASSOCIATES LLC | 12/28/2001 | 1128 | 465 | 35787 | LA | Lincoln | ||||||||||
LA-SBW0234-000 |
CHARLES THOMAS DURRETT ET UX | COWGILL & ASSOCIATES LLC | 12/31/2001 | 1128 | 424 | 35773 | LA | Lincoln | ||||||||||
LA-SBW0235-000 |
JAMES MONROE SIMS | COWGILL & ASSOCIATES LLC | 12/31/2001 | 1128 | 427 | 35774 | LA | Lincoln | ||||||||||
LA-SBW0236-000 |
BOBBY JAMES CONVILLE ET UX | COWGILL & ASSOCIATES LLC | 1/3/2002 | 1128 | 430 | 35775 | LA | Lincoln | ||||||||||
LA-SBW0237-000 |
KILPATRICK INVESTMENTS INC | COWGILL & ASSOCIATES LLC | 1/7/2002 | 1128 | 438 | 35778 | LA | Lincoln | ||||||||||
LA-SBW0238-000 |
LARRY EUGENE WALDRON ET UX | COWGILL & ASSOCIATES LLC | 1/10/2002 | 1128 | 433 | 35776 | LA | Lincoln | ||||||||||
LA-SBW0239-000 |
WILLIAM BURETT SIMMS ET UX | COWGILL & ASSOCIATES LLC | 1/16/2002 | 1128 | 436 | 35777 | LA | Lincoln | ||||||||||
LA-SBW0240-000 |
LOUIS LEMUEL LEE ET UX | COWGILL & ASSOCIATES LLC | 1/21/2002 | 1128 | 446 | 35780 | LA | Lincoln | ||||||||||
LA-SBW0241-000 |
THOMAS WAYNE UPSHAW ET UX | COWGILL & ASSOCIATES LLC | 1/15/2002 | 1128 | 444 | 35779 | LA | Lincoln | ||||||||||
LA-SBW0242-000 |
JAMES LYNN NEWSOM ET UX | COWGILL & ASSOCIATES LLC | 4/11/2002 | 1133 | 26 | 38687 | LA | Lincoln | ||||||||||
LA-SBW0243-000 |
HAROLD W LUNDY ET UX | COWGILL & ASSOCIATES LLC | 2/7/2002 | 1134 | 307 | 39580 | LA | Lincoln | ||||||||||
LA-SBW0244-000 |
JOHN D BARABIN JR | INDIGO MINERALS LLC | 3/17/2009 | 1270 | 119 | F103698 | LA | Lincoln | ||||||||||
LA-SBW0245-000 |
C A REEVES ET UX | WHELESS INDUSTRIES INC | 5/9/1989 | 708 | 88 | E34939 | LA | Lincoln | ||||||||||
LA-SBW0246-000 |
STEPHEN L YEICH ET UX | WHELESS INDUSTRIES INC | 5/9/1989 | 708 | 100 | E34941 | LA | Lincoln | ||||||||||
LA-SBW0247-000 |
CTC MINERALS, INC | WHELESS INDUSTRIES INC | 6/14/1989 | 708 | 111 | E34943 | LA | Lincoln | ||||||||||
LA-SBW0248-000 |
BUTLER REAL ESTATE & CONSTRUCTION INC ET AL | WHELESS INDUSTRIES INC | 5/9/1989 | 708 | 105 | E34942 | LA | Lincoln | ||||||||||
LA-SBW0249-000 |
WILLIAMETTE INDUSTRIES, INC | WHELESS INDUSTRIES INC | 7/18/1989 | 708 | 117 | E34944 | LA | Lincoln | ||||||||||
LA-SBW0250-000 |
BALL-INCON GLASS PKG CORP | WHELESS INDUSTRIES INC | 6/8/1989 | 708 | 94 | E34940 | LA | Lincoln | ||||||||||
LA-SBW0251-000 |
LINCOLN PARISH POLICE JURY (#13594) | WHELESS INDUSTRIES INC | 9/13/1989 | 711 | 107 | E35440 | LA | Lincoln | ||||||||||
LA-SBW0252-000 |
STATE OF LOUISIANA 13582 | WHELESS INDUSTRIES INC | 9/13/1989 | 711 | 122 | E35441 | LA | Lincoln | ||||||||||
LA-SBW0253-001 |
JOHNNIE B CRAWFORD GOREE | WHELESS INDUSTRIES INC | 11/19/1982 | 418 | 163 | D47150 | LA | Lincoln | ||||||||||
LA-SBW0253-002 |
BH HUMPHREY ET UX | WHELESS INDUSTRIES INC | 11/9/1982 | 417 | 111 | D47061 | LA | Lincoln | ||||||||||
LA-SBW0254-001 |
IRA G WALKER | WHELESS INDUSTRIES INC | 11/9/1982 | 454 | 128 | D52818 | LA | Lincoln | ||||||||||
LA-SBW0254-002 |
EMMETT J WALKER | WHELESS INDUSTRIES INC | 11/11/1982 | 417 | 278 | D47098 | LA | Lincoln | ||||||||||
LA-SBW0254-003 |
ELDRED B WALKER TOSTON | WHELESS INDUSTRIES INC | 11/9/1982 | 417 | 76 | D47053 | LA | Lincoln | ||||||||||
LA-SBW0254-004 |
ALICE GOREE WALKER | WHELESS INDUSTRIES INC | 11/11/1982 | 418 | 104 | D47137 | LA | Lincoln | ||||||||||
LA-SBW0254-005 |
WILLIE MAE WALKER MOORE | WHELESS INDUSTRIES INC | 11/11/1982 | 418 | 88 | D47133 | LA | Lincoln | ||||||||||
LA-SBW0254-006 |
HERBERT R WALKER | WHELESS INDUSTRIES INC | 11/9/1982 | 417 | 286 | D47100 | LA | Lincoln | ||||||||||
LA-SBW0254-007 |
LEROY WALKER | WHELESS INDUSTRIES INC | 11/9/1982 | 418 | 96 | D47135 | LA | Lincoln | ||||||||||
LA-SBW0255-001 |
LINCOLN PARISH POLICE JURY | WHELESS INDUSTRIES INC | 11/10/1982 | 408 | 66 | D45803 | LA | Lincoln | ||||||||||
LA-SBW0255-002 |
FIBREBOARD CORPORATION | WHELESS INDUSTRIES INC | 11/18/1982 | 416 | 16 | D46909 | LA | Lincoln | ||||||||||
LA-SBW0256-000 |
SIDNEY BRANCH ET UX | WHELESS INDUSTRIES INC | 10/15/1982 | 454 | 8 | D52761 | LA | Lincoln | ||||||||||
LA-SBW0257-000 |
AUBREY LAND ET UX | WHELESS INDUSTRIES INC | 10/29/1982 | 418 | 127 | D47142 | LA | Lincoln | ||||||||||
LA-SBW0258-000 |
NEVADA JENSON HILL | WHELESS INDUSTRIES INC | 5/19/1983 | 433 | 85 | D49330 | LA | Lincoln | ||||||||||
LA-SBW0259-000 |
ROSETTA J BOWDEN | WHELESS INDUSTRIES INC | 7/23/1984 | 501 | 156 | E2842 | LA | Lincoln | ||||||||||
503 | 115 | E3088 | ||||||||||||||||
LA-SBW0260-001 |
PINKIE PUELLA GILES | WHELESS INDUSTRIES INC | 11/29/1984 | 503 | 115 | E3088 | LA | Lincoln | ||||||||||
LA-SBW0260-002 |
MOUNT ZION BAPTIST CHURCH OF GRAMBLING | WHELESS INDUSTRIES INC | 1/23/1985 | 516 | 54 | E4614 | LA | Lincoln | ||||||||||
LA-SBW0261-000 |
STEVEN THOMAS CRANFORD | INDIGO MINERALS LLC | 3/14/2008 | 1244 | 660 | F93965 | LA | Lincoln | ||||||||||
1261 | 674 | F100231 | ||||||||||||||||
LA-SBW0262-001 |
ALEX T HUNT JR ET AL | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 674 | F100231 | LA | Lincoln | ||||||||||
1261 | 670 | F100230 | ||||||||||||||||
LA-SBW0262-002 |
VIRGIL DAVIS HUNT JR ET AL | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 670 | F100230 | LA | Lincoln | ||||||||||
1261 | 702 | F100240 | ||||||||||||||||
LA-SBW0262-003 |
MARGARET STACY SOUR | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 702 | F100240 | LA | Lincoln | ||||||||||
1261 | 699 | F100239 | ||||||||||||||||
LA-SBW0262-004 |
LISA KRONER MILLER | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 699 | F100239 | LA | Lincoln | ||||||||||
1261 | 696 | F100238 | ||||||||||||||||
LA-SBW0262-005 |
ROBERT HODGE TURBEVILLE | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 696 | F100238 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
1261 | 693 | F100237 | ||||||||||||||||
LA-SBW0262-006 |
JOHN M SOUR | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 693 | F100237 | LA | Lincoln | ||||||||||
1261 | 690 | F100236 | ||||||||||||||||
LA-SBW0262-007 |
JULIA KRONER ADAMS | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 690 | F100236 | LA | Lincoln | ||||||||||
1261 | 687 | F100235 | ||||||||||||||||
LA-SBW0262-008 |
EDWIN W SOUR | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 687 | F100235 | LA | Lincoln | ||||||||||
1261 | 684 | F100234 | ||||||||||||||||
LA-SBW0262-009 |
MARY JAYNE TURBEVILLE FOGERTY | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 684 | F100234 | LA | Lincoln | ||||||||||
1261 | 677 | F100232 | ||||||||||||||||
LA-SBW0262-010 |
ANN TURBEVILLE CAMPBELL | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 677 | F100232 | LA | Lincoln | ||||||||||
1261 | 680 | F100233 | ||||||||||||||||
LA-SBW0262-011 |
DARNELL HOLDINGS, LLC | INDIGO MINERALS LLC | 7/18/2008 | 1261 | 680 | F100233 | LA | Lincoln | ||||||||||
LA-SBW0264-001 |
DENNIS DAVID OBANION | STEVEN B SUMRALL | 12/13/2008 | 1265 | 343 | F101636 | LA | Lincoln | ||||||||||
LA-SBW0264-002 |
NELWYN ANN OBANION BIRCH | STEVEN B SUMRALL | 12/22/2008 | 1264 | 812 | F101485 | LA | Lincoln | ||||||||||
LA-SBW0264-003 |
NORMCRIEF INC | STEVEN B SUMRALL | 7/16/2009 | 1274 | 479 | F105855 | LA | Lincoln | ||||||||||
LA-SBW0265-000 |
LOUISIANA MINERALS LTD | PETROHOOD CORPORATION | 11/11/2008 | 1263 | 530 | F100945 | LA | Lincoln | ||||||||||
LA-SBW0266-000 |
LARRY D KENT ET UX | INDIGO MINERALS LLC | 3/30/2010 | 1283 | 864 | F110318 | LA | Lincoln | ||||||||||
LA-SBW0269-000 |
FREDERICK RAY CARTER ET UX | INDIGO MINERALS LLC | 11/9/2011 | 1309 | 283 | F122012 | LA | Lincoln | ||||||||||
LA-SBW0270-000 |
WILLIAM RAY HARRIS ET UX | INDIGO MINERALS LLC | 11/10/2011 | 1309 | 279 | F122010 | LA | Lincoln | ||||||||||
LA-SBW0271-000 |
JAMES CURTIS ODOM ET UX | INDIGO MINERALS LLC | 11/9/2011 | 1309 | 281 | F122011 | LA | Lincoln | ||||||||||
LA-SBW0272-000 |
JOAN SALLY CRAWFORD BARNES | INDIGO MINERALS LLC | 12/6/2011 | 1311 | 580 | F123156 | LA | Lincoln | ||||||||||
LA-SBW0273-000 |
CLAUDE ALWYN DURRETT JR | INDIGO MINERALS LLC | 12/17/2011 | 1311 | 577 | F123155 | LA | Lincoln | ||||||||||
LA-SBW0274-000 |
VIOLET GOHMAN FLETCHER | INDIGO MINERALS LLC | 12/14/2011 | 1311 | 571 | F123153 | LA | Lincoln | ||||||||||
LA-SBW0275-000 |
COLUMBUS CLAYTON PICKETT JR ET UX | INDIGO MINERALS LLC | 11/21/2011 | 1311 | 573 | F123154 | LA | Lincoln | ||||||||||
LA-SBW0276-000 |
TERRY LYNNE TUMINELLO COLEMAN | INDIGO MINERALS LLC | 11/17/2011 | 1311 | 552 | F123145 | LA | Lincoln | ||||||||||
LA-SBW0277-000 |
JAMES ROBERT FERGUSON ET UX | INDIGO MINERALS LLC | 11/9/2011 | 1311 | 550 | F123144 | LA | Lincoln | ||||||||||
LA-SBW0278-000 |
MYRTLE JUANITA WILLIAMS COLVIN | INDIGO MINERALS LLC | 11/10/2011 | 1311 | 554 | F123146 | LA | Lincoln | ||||||||||
LA-SBW0279-000 |
RONALD JEFFERY MADDEN | INDIGO MINERALS LLC | 11/22/2011 | 1311 | 548 | F123143 | LA | Lincoln | ||||||||||
LA-SBW0280-000 |
THOMAS WAYNE NEUROTH ET UX | INDIGO MINERALS LLC | 12/8/2011 | 1311 | 566 | F123151 | LA | Lincoln | ||||||||||
LA-SBW0281-000 |
FLOYD BLANCHARD ODOM ET UX | INDIGO MINERALS LLC | 11/30/2011 | 1311 | 559 | F123148 | LA | Lincoln | ||||||||||
LA-SBW0282-000 |
CHARLES WOODS ET UX | INDIGO MINERALS LLC | 11/30/2011 | 1311 | 563 | F123150 | LA | Lincoln | ||||||||||
LA-SBW0283-000 |
BRENDA CRIPPS YOUNG | INDIGO MINERALS LLC | 12/2/2011 | 1311 | 561 | F123149 | LA | Lincoln | ||||||||||
LA-SBW0285-001 |
WILLIAM THOMAS BURT | INDIGO MINERALS LLC | 1/11/2012 | 1311 | 530 | F123138 | LA | Lincoln | ||||||||||
LA-SBW0285-002 |
ROBERT EMMETT BURT, III | INDIGO MINERALS LLC | 1/11/2012 | 1311 | 541 | F123141 | LA | Lincoln | ||||||||||
LA-SBW0285-003 |
JOAN MARIE BURT EDINGER | INDIGO MINERALS LLC | 1/11/2012 | 1311 | 537 | F123140 | LA | Lincoln | ||||||||||
LA-SBW0286-001 |
DANNY LEE BELL | INDIGO MINERALS LLC | 12/14/2011 | 1311 | 545 | F123142 | LA | Lincoln | ||||||||||
LA-SBW0286-002 |
BOBBY JOE BELL | INDIGO MINERALS LLC | 1/9/2012 | 1311 | 517 | F123134 | LA | Lincoln | ||||||||||
LA-SBW0286-003 |
NELWYN BELL GRIFFIN | INDIGO MINERALS LLC | 12/19/2011 | 1311 | 582 | F123157 | LA | Lincoln | ||||||||||
LA-SBW0286-004 |
JEANANNE CANTERBURY MIGALA | INDIGO MINERALS LLC | 12/19/2011 | 1311 | 568 | F123152 | LA | Lincoln | ||||||||||
LA-SBW0286-005 |
JAMES REX BELL | INDIGO MINERALS LLC | 12/16/2011 | 1311 | 556 | F123147 | LA | Lincoln | ||||||||||
LA-SBW0287-001 |
CLAUDE ALWYN DURRETT JR | INDIGO MINERALS LLC | 12/24/2011 | 1311 | 527 | F123137 | LA | Lincoln | ||||||||||
LA-SBW0288-000 |
JOHN E FINCH JR ET UX | INDIGO MINERALS LLC | 1/24/2012 | 1311 | 524 | F123136 | LA | Lincoln | ||||||||||
LA-SBW0289-000 |
BERTRAM HAYS JONES ET UX | INDIGO MINERALS LLC | 1/11/2012 | 1311 | 520 | F123135 | LA | Lincoln | ||||||||||
1311 | 534 | F123139 | ||||||||||||||||
LA-SBW0290-001 |
RAGAN BURT MADDEN | INDIGO MINERALS LLC | 1/12/2012 | LA | Lincoln | |||||||||||||
1311 | 511 | F123132 | ||||||||||||||||
LA-SBW0290-002 |
BETTY MADDEN HARRISON | INDIGO MINERALS LLC | 1/23/2012 | LA | Lincoln | |||||||||||||
1311 | 514 | F123133 | ||||||||||||||||
LA-SBW0290-003 |
MARILYN MADDEN HILL | INDIGO MINERALS LLC | 1/23/2012 | LA | Lincoln | |||||||||||||
LA-SBW0291-000 |
JIMMY DALE CLEMENTS ET UX | INDIGO MINERALS LLC | 1/13/2012 | 1311 | 508 | F123131 | LA | Lincoln | ||||||||||
LA-SBW0292-000 |
DENNIS HAYS COLVIN | INDIGO MINERALS LLC | 1/13/2012 | 1311 | 506 | F123130 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SBW0293-000 |
JOHN ANTHONY WYNNE ET UX | INDIGO MINERALS LLC | 1/13/2012 | 1311 | 504 | F123129 | LA | Lincoln | ||||||||||
LA-SBW0294-000 |
RICHARD H CANTERBURY ET UX | INDIGO MINERALS LLC | 2/27/2012 | 1313 | 412 | F124070 | LA | Lincoln | ||||||||||
LA-SBW0295-000 |
WILLIAM RICHARD ROGERS ET UX | INDIGO MINERALS LLC | 12/1/2011 | 1312 | 661 | F123791 | LA | Lincoln | ||||||||||
LA-SBW0296-000 |
VILLAGE OF SIMSBORO | INDIGO MINERALS LLC | 4/3/2012 | 1312 | 664 | F123792 | LA | Lincoln | ||||||||||
LA-SBW0297-000 |
ALFONZA PERRY | HOOD GOLDSBERRY | 1/13/1977 | 206 | 463 | LA | Lincoln | |||||||||||
LA-SBW0298-000 |
BOOKER T PERRY | HOOD GOLDSBERRY | 1/13/1977 | 206 | 471 | LA | Lincoln | |||||||||||
LA-SBW0299-000 |
LOUIS FORD | PAR OIL CORPORATION | 11/4/1976 | 204 | 530 | LA | Lincoln | |||||||||||
LA-SBW0300-000 |
NORMAN GENE PERRY | MINERAL RESOURCES COMPANY | 2/15/1977 | 206 | 446 | LA | Lincoln | |||||||||||
LA-SBW0301-000 |
BEVERLY C MEEKS, AGENT AND AIF FOR | WILL-DRILL RESOURCES INC | 7/28/2000 | 1098 | 249 | F-22939 | LA | Lincoln | ||||||||||
LA-SBW0302-001 |
AVA H MORGAN | WILL-DRILL RESOURCES INC | 8/18/2000 | 1102 | 46 | LA | Lincoln | |||||||||||
LA-SGC0009-000 |
P-B FARMS INC | HOOD PETROLEUM INC | 2/17/2005 | 1176 | 636 | 1359 - 159 (C) | LA | Lincoln | ||||||||||
LA-SGC0010-001 |
EDDIE RAY ALLEN | HOOD PETROLEUM INC | 4/5/2005 | 1176 | 691 | 1390 - 104 (C) | LA | Lincoln | ||||||||||
LA-SGC0010-002 |
LINDA ANN ALLEN | HOOD PETROLEUM INC | 4/11/2005 | 1176 | 694 | 1390 - 107 (C) | LA | Lincoln | ||||||||||
LA-SGC0010-003 |
DELLA ANN ALLEN DAVISON | HOOD PETROLEUM INC | 4/5/2005 | 1176 | 697 | 1390 - 110 (C) | LA | Lincoln | ||||||||||
LA-SGC0010-004 |
GEORGIA MAE ALLEN ARMSTRONG ET AL | HOOD PETROLEUM INC | 4/11/2005 | 1176 | 700 | 1390 - 113 (C) | LA | Lincoln | ||||||||||
1176 | 609 | |||||||||||||||||
LA-SGC0010-005 |
CLAUDE ALLEN JR | HOOD PETROLEUM INC | 4/11/2005 | 1413 | 210 | F65458 | LA | Lincoln | ||||||||||
LA-SGC0013-000 |
DONNA MARIE KING MCCONATHY | HOOD PETROLEUM, INC. | 5/6/2005 | 1176 | 612 | 1359 - 156 (C) | LA | Lincoln | ||||||||||
LA-SGC0014-000 |
KIMBERLY ANN PERRITT CRAIG | HOOD PETROLEUM INC | 7/20/2005 | 1179 | 347 | F66799 | LA | Lincoln | ||||||||||
LA-SGC0015-000 |
BENJAMIN HOWARD ET UX | HOOD PETROLEUM INC | 7/11/2005 | 1179 | 353 | F66801 | LA | Lincoln | ||||||||||
LA-SGC0016-000 |
JAMES E DAVIS | HOOD PETROLEUM INC | 7/11/2005 | 1179 | 368 | F66806 | LA | Lincoln | ||||||||||
LA-SGC0017-000 |
MARY ROBERSON CHESTER | CLAYTON WILLIAMS ENERGY INC | 1/12/2007 | 1214 | 810 | F81982 | LA | Lincoln | ||||||||||
LA-SGC0018-001 |
JENICE R BUCHANAN | CLAYTON WILLIAMS ENERGY INC | 7/20/2007 | 1228 | 338 | F87346 | LA | Lincoln | ||||||||||
LA-SGC0018-002 |
LUE R JACKSON | CLAYTON WILLIAMS ENERGY INC | 7/20/2007 | 1228 | 335 | F87345 | LA | Lincoln | ||||||||||
LA-SGC0018-003 |
JENNIFER R LAWSON | CLAYTON WILLIAMS ENERGY INC | 7/20/2007 | 1228 | 758 | F87582 | LA | Lincoln | ||||||||||
LA-SGC0018-004 |
LESTER ROBERSON | CLAYTON WILLIAMS ENERGY INC | 7/30/2007 | 1228 | 755 | F87581 | LA | Lincoln | ||||||||||
LA-SGC0018-005 |
MINNIE R SCOTT | CLAYTON WILLIAMS ENERGY INC | 7/20/2007 | 1228 | 752 | F87580 | LA | Lincoln | ||||||||||
LA-SGC0018-006 |
LENORA R PATTON | CLAYTON WILLIAMS ENERGY INC | 7/30/2007 | 1229 | 215 | F87710 | LA | Lincoln | ||||||||||
LA-SGC0018-007 |
JULIA R PATTON | CLAYTON WILLIAMS ENERGY INC | 8/5/2007 | 1230 | 73 | F88051 | LA | Lincoln | ||||||||||
1176 | 688 | F65484 | ||||||||||||||||
LA-SGC0061-000 |
DONALD L ROBBINS ET UX | HOOD PETROLEUM INC | 2/24/2005 | 1389 | 24 | 420115 | LA | Lincoln | ||||||||||
LA-SGC0078-001 |
J V KILPATRICK ET AL | MRS FALERA PALMER | 2/11/1930 | 73 | 216 | 70463 | LA | Lincoln | ||||||||||
KLARE EUGENIA THOMAS INDIVIDUALLY AND AS | ||||||||||||||||||
USUFRUCT IN SUCCESSION OF JOSEPH RICHARD | 1305 | 294 | F120149 | |||||||||||||||
LA-SMB0043-000 |
THOMAS SR ET AL | MINERAL VENTURES INC | 8/25/2011 | 1305 | 294 | F120149 | LA | Lincoln | ||||||||||
1307 | 800 | F121293 | ||||||||||||||||
1307 | 800 | F121293 | ||||||||||||||||
1307 | 800 | F121293 | ||||||||||||||||
LA-SMB0044-001 |
VELMA S LEWIS ESTATE | MINERAL VENTURES INC | 10/31/2011 | 1307 | 800 | F121293 | LA | Lincoln | ||||||||||
LA-SMB0044-002 |
RYMAN MAY ET UX | MINERAL VENTURES INC | 9/15/2011 | 1305 | 296 | F120150 | LA | Lincoln | ||||||||||
1307 | 810 | F121298 | ||||||||||||||||
1307 | 810 | F121298 | ||||||||||||||||
1307 | 810 | F121298 | ||||||||||||||||
LA-SMB0045-001 |
FREUDENDORF SISTERS LLC | MINERAL VENTURES INC. | 11/2/2011 | 1307 | 810 | F121298 | LA | Lincoln | ||||||||||
1305 | 303 | F120152 | ||||||||||||||||
1305 | 303 | F120152 | ||||||||||||||||
THURMAN FAMILY LLC |
1305 | 303 | F120152 | |||||||||||||||
LA-SMB0045-002 |
WILLIAM C THURMON JR AS MANAGER | MINERAL VENTURES INC. | 8/26/2011 | 1305 | 303 | F120152 | LA | Lincoln | ||||||||||
1305 | 301 | F120151 | ||||||||||||||||
LA-SMB0045-003 |
DAVID E GULLATT ET AL | MINERAL VENTURES INC | 8/5/2011 | 1305 | 301 | F120151 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
SUZANNE THURMON | 1305 | 311 | F120154 | |||||||||||||||
LA-SMB0045-004 |
PERRY D REED AS INDEPENDENT EXECUTOR | MINERAL VENTURES INC | 9/7/2011 | 1305 | 311 | F120154 | LA | Lincoln | ||||||||||
1305 | 327 | F120162 | ||||||||||||||||
LA-SMB0045-005 |
JULES ZANG JOHNSON JR ET AL | MINERAL VENTURES INC | 7/28/2011 | 1305 | 327 | F120162 | LA | Lincoln | ||||||||||
1306 | 249 | F120561 | ||||||||||||||||
LA-SMB0045-006 |
KARL COLE ET AL | MINERAL VENTURES INC | 9/23/2011 | 1306 | 249 | F120561 | LA | Lincoln | ||||||||||
LA-SMB0046-000 |
JAMES MICHAEL HAYS | MINERAL VENTURES INC | 11/3/2011 | 1307 | 802 | F121294 | LA | Lincoln | ||||||||||
1305 | 333 | F120165 | ||||||||||||||||
LA-SMB0047-001 |
LAMAR FELTON TRAYLOR | MINERAL VENTURES INC | 8/26/2011 | 1305 | 333 | F120165 | LA | Lincoln | ||||||||||
PATRICK ANDREW TRAYLOR INDIVIDUALLY AND AS | ||||||||||||||||||
POWER OF ATTORNEY FOR FREDERICK MICHAEL | ||||||||||||||||||
LA-SMB0047-002 |
TRAYLOR AND AMY DENISE TRAYLOR | MINERAL VENTURES INC | 11/2/2011 | 1307 | 812 | F121299 | LA | Lincoln | ||||||||||
1305 | 331 | F120164 | ||||||||||||||||
1305 | 331 | F120164 | ||||||||||||||||
1305 | 331 | F120164 | ||||||||||||||||
JAMES DAVID HAYS INDIV AND AS AGENT FOR JULIE | 1305 | 331 | F120164 | |||||||||||||||
LA-SMB0048-001 |
WELLS HAYS ET AL | MINERAL VENTURES INC | 8/29/2011 | 1305 | 331 | F120164 | LA | Lincoln | ||||||||||
DAVID MICHAEL HENRY DEALING WITH HIS SEPARATE | ||||||||||||||||||
LA-SMB0049-001 |
PROPERTY | MINERAL VENTURES INC | 10/18/2011 | 1307 | 817 | F121300 | LA | Lincoln | ||||||||||
LINDA GAYLE DOSS FOX DEALING HEREIN WITH HER | 1305 | 325 | F120161 | |||||||||||||||
LA-SMB0050-001 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 8/1/2011 | 1305 | 325 | F120161 | LA | Lincoln | ||||||||||
ARCHIE BURNS DOSS JR DEALNG HEREIN WITH HIS | 1305 | 323 | F120160 | |||||||||||||||
LA-SMB0050-002 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 7/8/2011 | 1305 | 323 | F120160 | LA | Lincoln | ||||||||||
SHERRIE KAY DOSS LANDRUM DEALING HEREIN WITH | 1306 | 251 | F120562 | |||||||||||||||
LA-SMB0050-003 |
HER SEPARATE PROPERTY | MINERAL VENTURES INC | 8/1/2011 | 1306 | 251 | F120562 | LA | Lincoln | ||||||||||
CHUCK DAVEY DOSS DEALING HEREIN WITH HIS | 1306 | 272 | F120571 | |||||||||||||||
LA-SMB0050-004 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 10/9/2011 | 1306 | 272 | F120571 | LA | Lincoln | ||||||||||
SHELIA FAY DOSS RODEN DEALING HEREIN WITH HER | 1306 | 253 | F120563 | |||||||||||||||
LA-SMB0050-005 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 9/29/2011 | 1306 | 253 | F120563 | LA | Lincoln | ||||||||||
MICHAEL LANE DOSS DEALING HEREIN WITH HIS | 1305 | 321 | F120159 | |||||||||||||||
LA-SMB0050-006 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 8/8/2011 | 1305 | 321 | F120159 | LA | Lincoln | ||||||||||
EDDIE J BARNES SR DEALING HEREIN WITH HIS | ||||||||||||||||||
LA-SMB0051-000 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 10/3/2011 | 1306 | 259 | F120566 | LA | Lincoln | ||||||||||
MARGARET FERNE BREWER MCDANIEL DEALING | 1306 | 263 | F120568 | |||||||||||||||
LA-SMB0052-000 |
HEREIN WITH HER SEPARATE PROPERTY | MINERAL VENTURES INC | 10/14/2011 | 1306 | 263 | F120568 | LA | Lincoln | ||||||||||
CHARLES C MEEK DEALING HEREIN WITH HIS | 1306 | 257 | F120565 | |||||||||||||||
LA-SMB0053-001 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 7/28/2011 | 1306 | 257 | F120565 | LA | Lincoln | ||||||||||
THOMAS T MEEK DEALING HEREIN WITH HIS | 1305 | 342 | F120168 | |||||||||||||||
LA-SMB0053-002 |
SEPARATE PROPERTY | MINERAL VENTURES INC. | 7/29/2011 | 1305 | 342 | F120168 | LA | Lincoln | ||||||||||
JULIA MEEK GAINEY DEALING HEREIN WITH HER | 1305 | 344 | F120169 | |||||||||||||||
LA-SMB0053-003 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 8/1/2011 | 1305 | 344 | F120169 | LA | Lincoln | ||||||||||
LA-SMB0054-000 |
ALCIDE BOWIE ET UX | MINERAL VENTURES INC | 8/23/2011 | 1305 | 319 | F120158 | LA | Lincoln | ||||||||||
RANDALL RAY HARRISON DEALING HEREIN WITH HIS | 1305 | 340 | F120167 | |||||||||||||||
LA-SMB0055-001 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 8/2/2011 | 1305 | 340 | F120167 | LA | Lincoln | ||||||||||
KAREN KAY HARRISON SCHNEIDER DEALING HEREIN | ||||||||||||||||||
LA-SMB0055-002 |
WITH HER SEPARATE PROPERTY | MINERAL VENTURES INC | 8/16/2011 | LA | Lincoln | |||||||||||||
TIMOTHY LEE HARRISON DEALING HEREIN WITH HIS | ||||||||||||||||||
LA-SMB0055-003 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 8/13/2011 | 1305 | 335 | F120166 | LA | Lincoln | ||||||||||
LISA ANNE HARRISON MCCONATHY DEALING HEREIN | 1305 | 329 | F120163 | |||||||||||||||
LA-SMB0055-004 |
WITH HER SEPARATE PROPERTY | MINERAL VENTURES INC | 9/26/2011 | 1305 | 329 | F120163 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
VERONICA ELLIS DEALING WITH HER SEPARATE | 1307 | 808 | F121297 | |||||||||||||||
LA-SMB0056-000 |
PROPERTY | MINERAL VENTURES INC | 11/11/2011 | 1307 | 808 | F121297 | LA | Lincoln | ||||||||||
FRANKE LIVING TRUST REPRESENTED BY EDWARD | 1305 | 317 | F120157 | |||||||||||||||
LA-SMB0057-001 |
WILLIAM AND GARNETT AUGUSTA FRANKE TRUSTEES | MINERAL VENTURES INC | 8/31/2011 | 1305 | 317 | F120157 | LA | Lincoln | ||||||||||
SILVERTEEN WILLIAMS DEALING WITH HIS SEPARATE | 1306 | 261 | F120567 | |||||||||||||||
LA-SMB0057-002 |
PROPERTY | MINERAL VENTURES INC | 10/7/2011 | 1306 | 261 | F120567 | LA | Lincoln | ||||||||||
ALBERT R DENNIS III DEALING WITH HIS SEPARATE | 1307 | 823 | F121303 | |||||||||||||||
LA-SMB0057-003 |
PROPERTY | MINERAL VENTURES INC | 11/15/2011 | 1307 | 823 | F121303 | LA | Lincoln | ||||||||||
GERALDINE P JAMES DEALING HEREIN WITH HER | 1307 | 804 | F121295 | |||||||||||||||
LA-SMB0057-004 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 11/10/2011 | 1307 | 804 | F121295 | LA | Lincoln | ||||||||||
MICHAEL E ROBINSON DEALING HEREIN WITH HIS | 1307 | 798 | F121292 | |||||||||||||||
LA-SMB0057-005 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 11/8/2011 | 1307 | 798 | F121292 | LA | Lincoln | ||||||||||
LA-SMB0057-006 |
LINDA PICKERING ELISAIA DEALING HEREIN WITH HER SEPARATE PROPERTY | MINERAL VENTURES INC | 8/26/2011 | 1305 | 315 | F120156 | LA | Lincoln | ||||||||||
FRED HEARN JR DEALING HEREIN WITH HIS SEPARATE | 1306 | 265 | F120569 | |||||||||||||||
LA-SMB0057-007 |
PROPERTY | MINERAL VENTURES INC | 10/13/2011 | 1306 | 265 | F120569 | LA | Lincoln | ||||||||||
AUSTRIAL HEARN DEALING HEREIN WITH HER | 1306 | 255 | F120564 | |||||||||||||||
LA-SMB0057-008 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 9/28/2011 | 1306 | 255 | F120564 | LA | Lincoln | ||||||||||
MARY SMITH DEALING HEREIN WITH HER SEPARATE | 1307 | 819 | F121301 | |||||||||||||||
LA-SMB0057-009 |
PROPERTY | MINERAL VENTURES INC | 10/31/2011 | 1307 | 819 | F121301 | LA | Lincoln | ||||||||||
LEE MARK HANNA DEALING HEREIN WITH HIS | 1305 | 313 | F120155 | |||||||||||||||
LA-SMB0058-000 |
SEPARATE PROPERTY | MINERAL VENTURES INC | 8/16/2011 | 1305 | 313 | F120155 | LA | Lincoln | ||||||||||
LA-SMB0059-000 |
CYNTHIA JOANN KING RYALS DEALING HEREIN WITH HER SEPARATE PROPERTY | MINERAL VENTURES INC | 10/12/2011 | 1306 | 267 | F120570 | LA | Lincoln | ||||||||||
LA-SMB0060-001 |
ARKANSAS LOUISIANA GAS COMPANY | PAN-AM SOUTHERN CORP ET AL | 4/4/1951 | 58 | 561 | 105756 | LA | Lincoln | ||||||||||
LA-SMB0060-002 |
CAROLYN S BUFORD | PAN-AM SOUTHERN CORP ET AL | 3/3/1951 | 57 | 439 | 104075 | LA | Lincoln | ||||||||||
LA-SMB0060-003 |
E G MOREHEAD | PAN-AM SOUTHERN CORP ET AL | 2/23/1951 | 57 | 435 | 104074 | LA | Lincoln | ||||||||||
LA-SMB0060-004 |
CASE-POMEROY OIL CORP | PAN-AM SOUTHERN CORP ET AL | 2/23/1951 | 57 | 447 | 104077 | LA | Lincoln | ||||||||||
LA-SMB0060-005 |
MRS R F HASSELL ET AL | PAN-AM SOUTHERN CORP ET AL | 2/24/1951 | 57 | 443 | 104076 | LA | Lincoln | ||||||||||
LA-SMB0060-006 |
MARACAIBO OIL EXPLOR CORP | PAN-AM SOUTHERN CORP ET AL | 2/27/1951 | 57 | 451 | 104078 | LA | Lincoln | ||||||||||
LA-SMB0060-007 |
BURFORD OIL COMPANY ET AL | PAN-AM SOUTHERN CORP ET AL | 2/27/1951 | 57 | 427 | 104072 | LA | Lincoln | ||||||||||
LA-SMB0060-008 |
ELISA BETH LACEY ROGERS | PAN-AM SOUTHERN CORP ET AL | 2/23/1951 | 57 | 431 | 104073 | LA | Lincoln | ||||||||||
LA-SMB0061-000 |
JEFF DAVIS STREET | ABE B HARRIS | 9/18/1950 | 54 | 413 | N100058 | LA | Lincoln | ||||||||||
LA-SMB0062-000 |
TALMADGE BUTLER | ABE B HARRIS | 9/16/1950 | 54 | 409 | N-100056 | LA | Lincoln | ||||||||||
LA-SMB0063-000 |
OSCAR C CRAWFORD | ABE B HARRIS | 9/20/1950 | 54 | 635 | N-100653 | LA | Lincoln | ||||||||||
LA-SMB0064-001 |
CULLEN HINTON ET UX | ABE B HARRIS | 11/30/1948 | 49 | 245 | N-86479 | LA | Lincoln | ||||||||||
LA-SMB0065-001 |
MARY LIVINGSTON, ET AL | ABE B HARRIS | 1/24/1949 | 49 | 253 | N-86484 | LA | Lincoln | ||||||||||
LA-SMB0065-002 |
MARY BERNICE LIVINGSTON, ET AL | ABE B HARRIS | 2/14/1949 | 49 | 256 | N-86485 | LA | Lincoln | ||||||||||
LA-SMB0066-000 |
E G CARROLL | ABE B HARRIS | 1/10/1949 | 49 | 251 | N-86483 | LA | Lincoln | ||||||||||
LA-SMB0067-000 |
DONIE ELLIS NEE CRAWFORD | ABE B HARRIS | 9/20/1950 | 55 | 1 | N-100676 | LA | Lincoln | ||||||||||
LA-SMB0068-001 |
SUSIE WRIGHT, ET AL | ABE B HARRIS | 9/28/1950 | 54 | 467 | N-100199 | LA | Lincoln | ||||||||||
LA-SMB0068-002 |
DOROTHY MAE WIMBERLY, ET AL | ABE B HARRIS | 9/28/1950 | 54 | 483 | N-100259 | LA | Lincoln | ||||||||||
LA-SMB0068-003 |
PICCOLA WRIGHT MALONE, ET AL | ABE B HARRIS | 9/28/1950 | 54 | 577 | N-100461 | LA | Lincoln | ||||||||||
LA-SMB0068-004 |
CHARLIE LEE GIPSON, ET AL | ABE B HARRIS | 9/28/1950 | N-100726 | LA | Lincoln | ||||||||||||
LA-SMB0068-005 |
EFFIE WRIGHT WILLIS | ABE B HARRIS | 9/28/1950 | N-100791 | LA | Lincoln | ||||||||||||
LA-SMB0068-006 |
SAMUEL GIPSON | MURPHY CORPORATION | 6/5/1958 | 63 | 74 | C-12050 | LA | Lincoln | ||||||||||
LA-SMB0068-007 |
CASCILE GIPSON CARODINE, ETAL | MURPHY CORPORATION | 6/5/1958 | 63 | C-12049 | LA | Lincoln | |||||||||||
LA-SMB0068-008 |
OLA POWELL, INTERDICT | MURPHY CORPORATION | 6/1/1957 | 56 | C-5342 | LA | Lincoln | |||||||||||
LA-SMB0068-009 |
FELIX GIPSON ET AL | MURPHY OIL CORPORATION | 4/21/1980 | 290 | 46 | D-27689 | LA | Lincoln | ||||||||||
LA-SMB0069-000 |
FLEMING BUTLER | ABE B HARRIS | 9/18/1950 | 55 | 39 | 100761 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SMB0070-000 |
R P GOREE | ABE B HARRIS | 3/14/1951 | 58 | 159 | N-104960 | LA | Lincoln | ||||||||||
LA-SMB0071-000 |
R L SUMLIN | MIDSTATES OIL CORPORATION | 9/16/1950 | 54 | N-100318 | LA | Lincoln | |||||||||||
LA-SMB0072-000 |
W J BELTON | ABE B HARRIS | 11/29/1948 | 49 | 239 | N-86475 | LA | Lincoln | ||||||||||
LA-SMB0073-000 |
CARL C BELTON | ABE B HARRIS | 11/29/1948 | 49 | 241 | N-86477 | LA | Lincoln | ||||||||||
LA-SMB0074-000 |
ROBERT PRENTISS BELTON | ABE B HARRIS | 11/29/1948 | 49 | 243 | N-86478 | LA | Lincoln | ||||||||||
LA-SMB0075-001 |
WILLIAM LAMAR LEE, INTERDICT | ABE B HARRIS | 2/28/1949 | 49 | 326 | N-86857 | LA | Lincoln | ||||||||||
LA-SMB0075-002 |
ROGER W LEE AND RAYMOND H LEE | ABE B HARRIS | 12/15/1948 | 49 | 247 | N-86481 | LA | Lincoln | ||||||||||
LA-SMB0076-000 |
WILLIAM LAMAR LEE, INTERDICT | ABE B HARRIS | 2/28/1949 | 49 | 330 | N-86858 | LA | Lincoln | ||||||||||
LA-SMB0077-000 |
JAMES B WATTS | ABE B HARRIS | 4/2/1949 | 50 | 79 | N-87751 | LA | Lincoln | ||||||||||
LA-SMB0078-000 |
OTO C SIMS | ABE B HARRIS | 4/22/1949 | 50 | N-88569 | LA | Lincoln | |||||||||||
LA-SMB0079-001 |
FLORENCE WEST ET AL | ABE B HARRIS | 12/15/1948 | 51 | 171 | N-91285 | LA | Lincoln | ||||||||||
LA-SMB0079-002 |
GORDON JACK WEST | ABE B HARRIS | 6/21/1949 | 51 | 177 | N-91288 | LA | Lincoln | ||||||||||
LA-SMB0079-003 |
INEZ W TAYLOR | ABE B HARRIS | 5/30/1949 | 51 | 173 | N-91286 | LA | Lincoln | ||||||||||
LA-SMB0079-004 |
ALLEN WEST | ABE B HARRIS | 6/20/1949 | 51 | 175 | N-91287 | LA | Lincoln | ||||||||||
LA-SMB0080-001 |
ROSIE MCCONATHY MCGUIRE ET AL | MURPHY CORPORATION | 2/18/1953 | 64 | N-118520 | LA | Lincoln | |||||||||||
LA-SMB0080-002 |
DAVID RICHARDSON | MURPHY CORPORATION | 2/18/1953 | 65 | N-119533 | LA | Lincoln | |||||||||||
LA-SMB0080-003 |
JOHN L MCGUIRE | MURPHY CORPORATION | 2/17/1955 | 71 | N-131017 | LA | Lincoln | |||||||||||
LA-SMB0081-000 |
PLEASANT HILL BAPTIST CHURCH | MURPHY CORPORATION | 3/2/1953 | 65 | N-118714 | LA | Lincoln | |||||||||||
LA-SMB0082-001 |
ELMER GRIGSBY ET AL | MURPHY CORPORATION | 3/27/1953 | 66 | 325 | N-120698 | LA | Lincoln | ||||||||||
LA-SMB0082-002 |
VIRGINIA GRIGSBY DURHAM ET AL | MURPHY CORPORATION | 3/27/1953 | 66 | 330 | N-120699 | LA | Lincoln | ||||||||||
LA-SMB0082-003 |
IVA GRIGSBY THOMPSON ET AL | MURPHY CORPORATION | 3/27/1953 | 66 | N-121624 | LA | Lincoln | |||||||||||
LA-SMB0082-004 |
JUANITA GRIGSBY CHESHIRE | MURPHY CORPORATION | 8/11/1953 | 67 | 1 | N-121658 | LA | Lincoln | ||||||||||
LA-SMB0082-005 |
VIRGINIA GRIGSBY GOODWIN | MURPHY CORPORATION | 3/27/1953 | 67 | 117 | N-121907 | LA | Lincoln | ||||||||||
50 | 225 | N-88309 | ||||||||||||||||
LA-SMB0083-001 |
OLMSTEAD, W K, ET AL | ABE B HARRIS | 4/7/1949 | 50 | 225 | N-88309 | LA | Lincoln | ||||||||||
51 | 376 | N-92181 | ||||||||||||||||
LA-SMB0083-002 |
BETTIE LYNN SCARBOROUGH ET AL | ABE B HARRIS | 11/12/1949 | 51 | 376 | N-92181 | LA | Lincoln | ||||||||||
LA-SMB0084-001 |
RA TANNER, CURATOR OF | HUNT OIL COMPANY | 12/14/1949 | 51 | 513 | LA | Lincoln | |||||||||||
LA-SMB0084-002 |
FANNIE TANNER ANDERSON ET AL | HUNT OIL COMPANY | 12/7/1948 | 48 | 47 | LA | Lincoln | |||||||||||
LA-SMB0085-001 |
CHARLES C BARHAM ET AL | MURPHY OIL CORPORATION | 6/28/1974 | 178 | 57 | C-89349 | LA | Lincoln | ||||||||||
LA-SMB0086-001 |
FERN PALMER LEWIS ET AL | MURPHY OIL CORPORATION | 7/9/1974 | 178 | 61 | C-89350 | LA | Lincoln | ||||||||||
LA-SMB0087-001 |
FANNIE MAE MITCHELL ROGERS | MURPHY OIL CORPORATION | 7/17/1974 | 178 | 73 | C-89353 | LA | Lincoln | ||||||||||
LA-SMB0087-002 |
MARTEL ELLIS MAYFIELD | MURPHY OIL CORPORATION | 7/10/1974 | 178 | 65 | C-89351 | LA | Lincoln | ||||||||||
LA-SMB0087-003 |
ANNIE LEE MITCHELL MAMON ET AL | MURPHY OIL CORPORATION | 7/15/1974 | 178 | 69 | C-89352 | LA | Lincoln | ||||||||||
LA-SMB0088-000 |
HERMAN G GIVENS ET AL | MURPHY CORPORATION | 9/17/1952 | 63 | 149 | N-116375 | LA | Lincoln | ||||||||||
52 | 463 | N-95766 | ||||||||||||||||
LA-SMB0089-001 |
OWAISSA GIVENS | J I ROBERTS | 2/28/1950 | 52 | 463 | N-95766 | LA | Lincoln | ||||||||||
52 | 283 | N-94839 | ||||||||||||||||
LA-SMB0089-002 |
ANNIE LOUISE GIVENS ET AL | J I ROBERTS | 2/28/1950 | 52 | 283 | N-94839 | LA | Lincoln | ||||||||||
47 | 352 | N-83146 | ||||||||||||||||
LA-SMB0089-003 |
GIVENS, ANNIE LOUISE, ET AL | C H MURPHY JR | 5/7/1948 | 47 | 352 | N-83146 | LA | Lincoln | ||||||||||
47 | 348 | N-83145 | ||||||||||||||||
LA-SMB0089-004 |
ANNIE LOUISE GIVENS ET AL | C H MURPHY JR | 5/7/1948 | 47 | 348 | N-83145 | LA | Lincoln | ||||||||||
47 | 345 | N-83144 | ||||||||||||||||
LA-SMB0089-005 |
ANNIE LOUISE GIVENS ET AL | C H MURPHY JR | 5/7/1948 | 47 | 345 | N-83144 | LA | Lincoln | ||||||||||
LA-SMB0090-000 |
DOCIE LAND ET AL | ABE B HARRIS | 12/6/1948 | 49 | 107 | N-86003 | LA | Lincoln | ||||||||||
LA-SMB0091-001 |
ARKANSAS FUEL OIL CO | PAN-AM SOUTHERN CORP ET AL | 7/10/1951 | 59 | N-106895 | LA | Lincoln | |||||||||||
LA-SMB0092-000 |
ESME OB RUTLEDGE ET AL | ABE B HARRIS | 12/9/1948 | 49 | 109 | N-86004 | LA | Lincoln | ||||||||||
LA-SMB0093-000 |
JOHN WILLIS BARNETT ET AL | PENTAD ENERGY LLC | 1/28/2005 | 1170 | 561 | 62205 | LA | Lincoln | ||||||||||
LA-SMB0094-001 |
PATRICK N FOX | PENTAD ENERGY LLC | 1/18/2005 | 1171 | 507 | 62770 | LA | Lincoln | ||||||||||
LA-SMB0094-002 |
OLIVIA OLMSTEAD FOX OLIVER | PENTAD ENERGY LLC | 1/18/2005 | 1170 | 558 | 62204 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SMB0094-003 |
E NORMAN DILLARD JR | PENTAD ENERGY LLC | 1/18/2005 | 1170 | 555 | 62203 | LA | Lincoln | ||||||||||
LA-SMB0094-004 |
SANDRA JEAN STROTHER MCLEAN ET AL | PENTAD ENERGY LLC | 1/18/2005 | 1170 | 552 | 62202 | LA | Lincoln | ||||||||||
LA-SMB0095-001 |
VIRGINIA GAHAGAN RAMSDELL ET VIR | TENSAS DELTA EXPLORATION COMPANY LLC | 5/25/2005 | F67775 | LA | Lincoln | ||||||||||||
LA-SMB0095-002 |
LAWRENCE O GAHAGAN | TENSAS DELTA EXPLORATION COMPANY LLC | 5/25/2005 | F67769 | LA | Lincoln | ||||||||||||
LA-SMB0096-001 |
FRANK M CORDARO ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 6/30/2005 | F67784 | LA | Lincoln | ||||||||||||
LA-SMB0096-002 |
MILDRED GOREE EVANS | TENSAS DELTA EXPLORATION COMPANY LLC | 6/21/2005 | F67768 | LA | Lincoln | ||||||||||||
LA-SMB0096-003 |
ETTA GOREE DIXON | TENSAS DELTA EXPLORATION COMPANY LLC | 6/27/2005 | F67778 | LA | Lincoln | ||||||||||||
LA-SMB0096-004 |
LINDA GOREE OLIVA | TENSAS DELTA EXPLORATION COMPANY LLC | 6/27/2005 | F67780 | LA | Lincoln | ||||||||||||
LA-SMB0096-005 |
FOSTER CALVIN GOREE | TENSAS DELTA EXPLORATION COMPANY LLC | 6/27/2005 | F67766 | LA | Lincoln | ||||||||||||
LA-SMB0096-006 |
LESTER LOUIS WALKER | TENSAS DELTA EXPLORATION COMPANY LLC | 6/27/2005 | F67781 | LA | Lincoln | ||||||||||||
LA-SMB0096-007 |
KATHLEEN WALKER MORTON | TENSAS DELTA EXPLORATION COMPANY LLC | 6/27/2005 | F67779 | LA | Lincoln | ||||||||||||
LA-SMB0097-001 |
ALYCE GENTRY HUMBLE IVIE | TENSAS DELTA EXPLORATION COMPANY LLC | 6/7/2005 | F67772 | LA | Lincoln | ||||||||||||
LA-SMB0097-002 |
CHARLES THOMAS GENTRY | TENSAS DELTA EXPLORATION COMPANY LLC | 6/13/2005 | F67767 | LA | Lincoln | ||||||||||||
LA-SMB0098-001 |
VICKIE MIKULIS HUDSON | TENSAS DELTA EXPLORATION COMPANY LLC | 6/9/2005 | F67783 | LA | Lincoln | ||||||||||||
LA-SMB0099-001 |
ANCILLARY SUCCESSION OF KATHLEEN SHAW BRYANS & CHARLES COLEMAN BRYANS | TENSAS DELTA EXPLORATION COMPANY LLC | 9/20/2005 | F69153 | LA | Lincoln | ||||||||||||
LA-SMB0100-001 |
MICHAEL ANDREW MIKULIS | TENSAS DELTA EXPLORATION COMPANY LLC | 7/20/2005 | F68866 | LA | Lincoln | ||||||||||||
LA-SMB0101-001 |
OPAL DAVIS BAUER | TENSAS DELTA EXPLORATION COMPANY LLC | 6/9/2005 | F67773 | LA | Lincoln | ||||||||||||
LA-SMB0101-002 |
ROWENA DAVIS LARSEN | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67771 | LA | Lincoln | ||||||||||||
LA-SMB0101-003 |
RALPH A DAVIS, II | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67776 | LA | Lincoln | ||||||||||||
LA-SMB0101-004 |
JOHN DAVIS | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67770 | LA | Lincoln | ||||||||||||
LA-SMB0102-000 |
RUTH ELLEN JOHNSON SUMLIN LEE | TENSAS DELTA EXPLORATION COMPANY LLC | 6/10/2005 | F67774 | LA | Lincoln | ||||||||||||
LA-SMB0103-000 |
JUDY JENKINS PRINGLE | TENSAS DELTA EXPLORATION COMPANY LLC | 7/14/2005 | F67765 | LA | Lincoln | ||||||||||||
LA-SMB0104-000 |
BILLY JOE JOHNSON ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 7/16/2005 | 1185 | 187 | F69563 | LA | Lincoln | ||||||||||
LA-SMB0105-001 |
ALLEN THORNBURGH | TENSAS DELTA EXPLORATION COMPANY LLC | 1/23/2006 | 1192 | 241 | F72550 | LA | Lincoln | ||||||||||
LA-SMB0106-001 |
CHARLOTTE SUMLIN CANTWELL | TENSAS DELTA EXPLORATION COMPANY LLC | 1/15/2006 | 1192 | 243 | F72551 | LA | Lincoln | ||||||||||
LA-SMB0106-002 |
WILLIAM R SUMLIN JR | TENSAS DELTA EXPLORATION COMPANY LLC | 1/15/2006 | 1192 | 246 | F72552 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SMB0107-001 |
KERRY N PARNELL | TENSAS DELTA EXPLORATION COMPANY LLC | 1/10/2006 | F72678 | LA | Lincoln | ||||||||||||
LA-SMB0108-001 |
DAVID SMITH JR ET UX | TENSAS DELTA EXPLORATION COMPANY LLC | 3/15/2006 | F73417 | LA | Lincoln | ||||||||||||
LA-SMB0109-001 |
ONEIDA HARRIS JACKSON ET AL | TENSAS DELTA EXPLORATION COMPANY LLC | 3/21/2006 | F73416 | LA | Lincoln | ||||||||||||
LA-SMB0110-000 |
MICHAEL ANDREW MIKULIS | TENSAS DELTA EXPLORATION COMPANY LLC | 4/20/2006 | F74193 | LA | Lincoln | ||||||||||||
LA-SMB0111-001 |
BANK ONE LOUISIANA MANAGED ASSETS | TENSAS DELTA EXPLORATION COMPANY LLC | 3/15/2005 | F73518 | LA | Lincoln | ||||||||||||
LA-SMB0112-000 |
SHRINERS HOSPITAL FOR CHILDREN | COWGILL & ASSOCIATES LLC | 7/1/2004 | 1163 | 357 | F58001 | LA | Lincoln | ||||||||||
LA-SMB0113-000 |
THREE G PLANTATION, LLC | COWGILL & ASSOCIATES LLC | 10/20/2004 | 1168 | 268 | F60991 | LA | Lincoln | ||||||||||
LA-SMB0114-000 |
LOUISIANA MINERALS, LTD | COWGILL & ASSOCIATES LLC | 5/10/2005 | 1175 | 491 | F64855 | LA | Lincoln | ||||||||||
LA-SMB0115-000 |
THREE G PLANTATION, LLC | COWGILL & ASSOCIATES LLC | 10/20/2004 | 1168 | 265 | F60990 | LA | Lincoln | ||||||||||
LA-SMB0116-001 |
JOICE MANGHAM DUNN | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F68867 | LA | Lincoln | ||||||||||||
LA-SMB0116-002 |
WILLIAM HARRIS, JR | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67762 | LA | Lincoln | ||||||||||||
LA-SMB0116-003 |
WILLIAM S MANGHAM, JR | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67757 | LA | Lincoln | ||||||||||||
LA-SMB0116-004 |
RUSSELL D MANGHAM | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67756 | LA | Lincoln | ||||||||||||
LA-SMB0116-005 |
ALTON J MANGHAM | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67758 | LA | Lincoln | ||||||||||||
LA-SMB0116-006 |
ROBERT E MANGHAM, SR | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67759 | LA | Lincoln | ||||||||||||
LA-SMB0116-007 |
FLORA MANGHAM LEE | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67760 | LA | Lincoln | ||||||||||||
LA-SMB0116-008 |
CELESTINE MANGHAM WALDON | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67761 | LA | Lincoln | ||||||||||||
LA-SMB0116-009 |
HENRY D MANGHAM | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67763 | LA | Lincoln | ||||||||||||
LA-SMB0116-010 |
QUENTELLA M MANGHAM | TENSAS DELTA EXPLORATION COMPANY LLC | 6/15/2005 | F67764 | LA | Lincoln | ||||||||||||
LA-SMB0116-011 |
PATSY WILSON BOLDS ET AL, MAXINE WILSON, | WHELESS INDUSTRIES INC | 5/8/1978 | 230 | 585 | D13316 | LA | Lincoln | ||||||||||
LA-SMB0117-001 |
ADD THOMSON ET UX LOIS OLIVER HOLSTEAD | WHELESS INDUSTRIES INC | 4/17/1974 | 177 | 269 | C89082 | LA | Lincoln | ||||||||||
LA-SMB0117-002 |
JAMES H WILSON ET UX ANITA KAY WILSON | WHELESS INDUSTRIES INC | 5/14/1974 | 177 | 273 | C89083 | LA | Lincoln | ||||||||||
LA-SMB0117-003 |
LALLAGE FEAZEL WALL | WHELESS INDUSTRIES INC | 7/16/1974 | 177 | 163 | C89236 | LA | Lincoln | ||||||||||
LA-SMB0117-004 |
MRS G M ANDERSON ET AL, WIDOW; | WHELESS INDUSTRIES INC | 7/16/1974 | 177 | 617 | C89237 | LA | Lincoln | ||||||||||
LA-SMB0117-005 |
JOHN S SIMONTON ET UX EVA RODGER | WHELESS INDUSTRIES INC | 7/19/1974 | 178 | 851 | C89832 | LA | Lincoln | ||||||||||
LA-SMB0117-006 |
JOHN S SIMONTON ET UX EVA RODGER | WHELESS INDUSTRIES INC | 8/5/1975 | 190 | 840 | C95415 | LA | Lincoln | ||||||||||
LA-SMB0118-001 |
WILLIAM C THURMAN ET AL | WHELESS INDUSTRIES INC | 4/15/1974 | 177 | 277 | C89084 | LA | Lincoln | ||||||||||
LA-SMB0118-002 |
EVELYN PONDER STELLE | WHELESS INDUSTRIES INC | 4/15/1974 | 177 | 281 | C89085 | LA | Lincoln | ||||||||||
LA-SMB0118-003 |
R A THURMON | WHELESS INDUSTRIES INC | 5/16/1974 | 177 | 285 | C89086 | LA | Lincoln | ||||||||||
LA-SMB0118-004 |
E D RHEA | WHELESS INDUSTRIES INC | 4/11/1974 | 177 | 289 | C89087 | LA | Lincoln | ||||||||||
LA-SMB0118-005 |
ELIAS HARRIS | WHELESS INDUSTRIES INC | 5/31/1974 | 177 | 293 | C89088 | LA | Lincoln | ||||||||||
LA-SMB0118-006 |
F B JAMES | WHELESS INDUSTRIES INC | 5/14/1974 | 177 | 297 | C89089 | LA | Lincoln | ||||||||||
LA-SMB0118-007 |
G WILLIAMS JAMES | WHELESS INDUSTRIES INC | 5/14/1974 | 177 | 301 | C89090 | LA | Lincoln | ||||||||||
LA-SMB0118-008 |
NORMA M STROTHER ET AL | WHELESS INDUSTRIES INC | 5/14/1974 | 177 | 305 | C89091 | LA | Lincoln | ||||||||||
LA-SMB0118-009 |
LAVERNE TRAYLOR ET AL, | WHELESS INDUSTRIES INC | 5/16/1974 | 177 | 309 | C89092 | LA | Lincoln | ||||||||||
LA-SMB0120-001 |
ROY JAMES ELLIS ET AL | DAVID A RANDALL | 7/19/1974 | 177 | 414 | C89160 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SMB0120-002 |
BRUCE ALLEN | DAVID A RANDALL | 8/15/1974 | 178 | 352 | C89533 | LA | Lincoln | ||||||||||
LA-SMB0120-003 |
LONNIE FRAZIER ET AL, PRENTIS FRAZIER, | DAVID A RANDALL | 11/2/1974 | 186 | 825 | C93623 | LA | Lincoln | ||||||||||
LA-SMB0121-001 |
MRS T J FORD ET AL | WHELESS INDUSTRIES INC | 5/31/1974 | 177 | 717 | C89278 | LA | Lincoln | ||||||||||
LA-SMB0121-002 |
WILLIAM MANGHAM | DAVID A RANDALL | 10/22/1974 | 180 | 258 | C90587 | LA | Lincoln | ||||||||||
LA-SMB0122-001 |
PINKIE MCGUIRE HOWELL | WHELESS DRILLING COMPANY | 2/21/1956 | 73 | N-135405 | LA | Lincoln | |||||||||||
LA-SMB0125-001 |
ELLON SKINNER BERRY | HASSIE HUNT TRUST | 12/2/1948 | N-84978 | LA | Lincoln | ||||||||||||
LA-SMB0126-001 |
A R WHERRITT | ABE B HARRIS | 10/15/1949 | 51 | 91844 | LA | Lincoln | |||||||||||
LA-SMB0126-002 |
BROWN, HERMAN | ABE B HARRIS | 8/26/1949 | 91377 | LA | Lincoln | ||||||||||||
LA-SMB0126-003 |
EDGAR MONTEITH ET AL | ABE B HARRIS | 8/26/1949 | 51 | 361 | 92004 | LA | Lincoln | ||||||||||
LA-SMB0126-004 |
DICK TOWERY ET AL | ABE B HARRIS | 10/19/1949 | 51 | 91983 | LA | Lincoln | |||||||||||
LA-SMB0126-005 |
GEORGE BROWN ET AL | ABE B HARRIS | 5/17/1950 | 53 | 97811 | LA | Lincoln | |||||||||||
LA-SMB0126-006 |
ABE B HARRIS JR | ABE B HARRIS | 12/6/1950 | 55 | 101586 | LA | Lincoln | |||||||||||
58 | 105592 | |||||||||||||||||
58 | 105592 | |||||||||||||||||
LA-SMB0126-007 |
PATRICIA BURKHART | PAN-AM SOUTHERN CORPORATION | 4/28/1951 | 58 | 105592 | LA | Lincoln | |||||||||||
LA-SMB0127-000 |
MRS R F HASSELL ET AL | ABE B HARRIS | 3/23/1950 | 52 | 95604 | LA | Lincoln | |||||||||||
LA-SMB0128-001 |
BROWN, HERMAN | ABE B HARRIS | 11/24/1950 | 101451 | LA | Lincoln | ||||||||||||
LA-SMB0128-002 |
C R BENNETT | ABE B HARRIS | 10/12/1950 | 55 | 17 | LA | Lincoln | |||||||||||
LA-SMB0128-003 |
MRS R F HASSELL ET AL | ABE B HARRIS | 9/18/1950 | 54 | 475 | LA | Lincoln | |||||||||||
51 | 185 | 91292 | ||||||||||||||||
LA-SMB0129-001 |
PRICE (R P) GOREE | ABE B HARRIS | 5/9/1949 | 51 | 185 | 91292 | LA | Lincoln | ||||||||||
51 | 191 | 91295 | ||||||||||||||||
LA-SMB0129-002 |
WILLARD P GOREE | ABE B HARRIS | 5/13/1949 | 51 | 191 | 91295 | LA | Lincoln | ||||||||||
51 | 187 | 91293 | ||||||||||||||||
LA-SMB0129-003 |
SALLIE E GOREE MATHEWS | ABE B HARRIS | 5/9/1949 | 51 | 187 | 91293 | LA | Lincoln | ||||||||||
51 | 189 | 91294 | ||||||||||||||||
LA-SMB0129-004 |
PINKIE G COVINGTON | ABE B HARRIS | 5/13/1949 | 51 | 189 | 91294 | LA | Lincoln | ||||||||||
51 | 193 | 91296 | ||||||||||||||||
LA-SMB0129-005 |
CALVIN WILKERSON | ABE B HARRIS | 5/27/1949 | 51 | 193 | 91296 | LA | Lincoln | ||||||||||
51 | 203 | 91301 | ||||||||||||||||
LA-SMB0129-006 |
SALTMOUNT OIL COMPANY | ABE B HARRIS | 5/26/1949 | 51 | 203 | 91301 | LA | Lincoln | ||||||||||
51 | 197 | 91298 | ||||||||||||||||
LA-SMB0129-007 |
WILLIAM L PICKENS | ABE B HARRIS | 5/24/1949 | 51 | 197 | 91298 | LA | Lincoln | ||||||||||
51 | 201 | 91300 | ||||||||||||||||
LA-SMB0129-008 |
MARACABIO OIL EXPLORATION CORP | ABE B HARRIS | 5/20/1949 | 51 | 201 | 91300 | LA | Lincoln | ||||||||||
51 | 195 | 91297 | ||||||||||||||||
LA-SMB0129-009 |
S C (CLAUDE) GOREE | ABE B HARRIS | 7/11/1949 | 51 | 195 | 91297 | LA | Lincoln | ||||||||||
54 | 399 | 100051 | ||||||||||||||||
LA-SMB0129-010 |
BROWN, HERMAN | ABE B HARRIS | 8/26/1950 | 51 | 399 | 100051 | LA | Lincoln | ||||||||||
54 | 401 | 100 052 | ||||||||||||||||
LA-SMB0129-011 |
DAVID M LIDE | ABE B HARRIS | 8/26/1950 | 54 | 401 | 100 052 | LA | Lincoln | ||||||||||
54 | 405 | 100 054 | ||||||||||||||||
LA-SMB0129-012 |
SUMMERFIELD G ROBERTS | ABE B HARRIS | 8/26/1950 | 54 | 405 | 100 054 | LA | Lincoln | ||||||||||
54 | 511 | 100308 | ||||||||||||||||
LA-SMB0129-013 |
GEORGE J GREER | ABE B HARRIS | 8/26/1950 | 54 | 511 | 100308 | LA | Lincoln | ||||||||||
58 | 145 | 104889 | ||||||||||||||||
LA-SMB0129-014 |
C N HOUSH | PAN-AM SOUTHERN CORPORATION | 4/3/1951 | 58 | 145 | 104889 | LA | Lincoln | ||||||||||
LA-SMB0129-015 |
JOHN B GREER | ABE B HARRIS | 8/26/1950 | 54 | 403 | N-100053 | LA | Lincoln | ||||||||||
LA-SMB0129-016 |
J M JACKSON | ABE B HARRIS | 9/28/1950 | 54 | 407 | N-100055 | LA | Lincoln | ||||||||||
LA-SMB0129-017 |
R F BUCHANAN | ABE B HARRIS | 8/26/1950 | 54 | 421 | N-100132 | LA | Lincoln | ||||||||||
LA-SMB0129-018 |
MARACAIBO OIL EXPLORATION | PAN-AM SOUTHERN CORPORATION | 2/22/1951 | 57 | 521 | N-104294 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SMB0129-019 |
HERMAN BROWN | ABE B HARRIS | 2/21/1951 | 57 | 423 | N-104063 | LA | Lincoln | ||||||||||
LA-SMB0129-020 |
DAVID M LIDE | PAN-AM SOUTHERN CORPORATION | 2/23/1951 | 57 | 547 | N-104388 | LA | Lincoln | ||||||||||
LA-SMB0129-021 |
GEORGE J GREER | PAN-AM SOUTHERN CORPORATION | 2/27/1951 | 57 | 593 | N-104483 | LA | Lincoln | ||||||||||
LA-SMB0129-022 |
SUMMERFIELD G ROBERTS | PAN-AM SOUTHERN CORPORATION | 2/23/1951 | 58 | 219 | N-105182 | LA | Lincoln | ||||||||||
LA-SMB0130-001 |
LUTHER E (CAL) GARDNER | PAN-AM SOUTHERN CORPORATION | 9/15/1950 | 54 | 351 | N-99839 | LA | Lincoln | ||||||||||
LA-SMB0130-002 |
NULL GARDNER | PAN-AM SOUTHERN CORPORATION | 6/23/1950 | 53 | 38 | N-97815 | LA | Lincoln | ||||||||||
LA-SMB0130-003 |
T GRADY GARDNER | PAN-AM SOUTHERN CORPORATION | 6/23/1950 | 53 | 381 | N-97814 | LA | Lincoln | ||||||||||
LA-SMB0130-004 |
LOUIE GARDNER BARBEE | PAN-AM SOUTHERN CORPORATION | 6/23/1950 | 53 | 379 | N-97813 | LA | Lincoln | ||||||||||
LA-SMB0130-005 |
FIRST NATIONAL BANK OF RUSTON | PAN-AM SOUTHERN CORPORATION | 10/27/1950 | 53 | 20 | LA | Lincoln | |||||||||||
LA-SMB0130-006 |
JULIA GARDNER NICHOLSON ET AL | PAN-AM SOUTHERN CORPORATION | 6/23/1950 | 53 | 378 | N-97812 | LA | Lincoln | ||||||||||
LA-SMB0131-001 |
OWAISSA GIVENS | J I ROBERTS | 2/28/1950 | 52 | 466 | N-95767 | LA | Lincoln | ||||||||||
LA-SMB0131-002 |
GIVENS, ANNIE LOUISE, ET AL | C H MURPHY | 5/7/1948 | 47 | 357 | N-83147 | LA | Lincoln | ||||||||||
LA-SMB0131-003 |
GIVENS, ANNIE LOUISE, ET AL | J I ROBERTS | 2/28/1950 | 52 | 285 | N-94840 | LA | Lincoln | ||||||||||
1196 | 624 | F74533 | ||||||||||||||||
LA-SMB0132-001 |
HUNTER FARMS & TIMBER, LLC | CHESAPEAKE LOUISIANA L P | 6/29/2005 | 1196 | 624 | F74533 | LA | Lincoln | ||||||||||
N-86000 | ||||||||||||||||||
LA-SMB0133-001 |
JOHNNIE & J L SHERRARD | CHESAPEAKE LOUISIANA L P | 11/30/1949 | N-86000 | LA | Lincoln | ||||||||||||
LA-SMB0134-001 |
LUCILE CALAHAN | CHESAPEAKE LOUISIANA L P | 12/3/1948 | N-86002 | LA | Lincoln | ||||||||||||
LA-SMB0135-001 |
MARY LIVINGSTON | CHESAPEAKE LOUISIANA L P | 1/24/1949 | 49 | 249 | N-86482 | LA | Lincoln | ||||||||||
LA-SMB0136-001 |
PINKIE MCGUIRE HOWELL | CHESAPEAKE LOUISIANA L P | 9/18/1950 | 654 | 543 | N-100379 | LA | Lincoln | ||||||||||
LA-SMB0137-001 |
LULA B JONES | CHESAPEAKE LOUISIANA L P | 6/10/1950 | 53 | 505 | N-98347 | LA | Lincoln | ||||||||||
49 | 313 | N-86796 | ||||||||||||||||
LA-SMB0138-001 |
ADD THOMPSON | ABE B HARRIS | 1/25/1949 | N-86796 | LA | Lincoln | ||||||||||||
54 | 613 | N-100526 | ||||||||||||||||
LA-SMB0139-001 |
MATT BUTLER, ET AL | ABE B HARRIS | 9/18/1950 | 54 | 613 | N-100526 | LA | Lincoln | ||||||||||
LA-SMB0140-001 |
JAMES GOREE | CHESAPEAKE LOUISIANA L P | 10/10/1950 | 55 | 117 | N-101059 | LA | Lincoln | ||||||||||
49 | 203 | N-86315 | ||||||||||||||||
LA-SMB0141-001 |
JONAS FRAZIER | CHESAPEAKE LOUISIANA L P | 2/8/1949 | 49 | 203 | N-86315 | LA | Lincoln | ||||||||||
58 | 378 | N-105592 | ||||||||||||||||
58 | 378 | N-105592 | ||||||||||||||||
58 | 378 | N-105592 | ||||||||||||||||
58 | 378 | N-105592 | ||||||||||||||||
LA-SMB0142-001 |
CARL BURKHART, JR | PAN-AM SOUTHERN CORPORATION | 4/28/1951 | 58 | 378 | N-105592 | LA | Lincoln | ||||||||||
LA-SMB0143-001 |
DON & MARTHA G DURRETT | CHESAPEAKE LOUISIANA L P | 9/28/2005 | 1184 | 791 | 69465 | LA | Lincoln | ||||||||||
LA-SMB0144-001 |
WAYNE L SIMPSON | CHESAPEAKE LOUISIANA L P | 9/2/2005 | 1184 | 795 | F69466 | LA | Lincoln | ||||||||||
1188 | 463 | F71005 | ||||||||||||||||
LA-SMB0145-001 |
LINDA HUNT | CHESAPEAKE LOUISIANA L P | 9/26/2005 | 1188 | 463 | F71005 | LA | Lincoln | ||||||||||
1196 | 335 | F74408 | ||||||||||||||||
LA-SMB0145-002 |
RICKEY YOUNG | CHESAPEAKE LOUISIANA L P | 5/11/2006 | 1196 | 335 | F74408 | LA | Lincoln | ||||||||||
LA-SMB0146-000 |
BERTHA NELSON BUTLER | MURPHY CORPORATION | 9/26/1958 | 64 | 186 | 12568 | LA | Lincoln | ||||||||||
LA-SMB0147-000 |
EDITH CANN THURMON, ET AL | MURPHY CORPORATION | 9/29/1958 | 64 | 191 | 12569 | LA | Lincoln | ||||||||||
LA-SMB0148-000 |
FLEMING BUTLER, ET AL | MURPHY CORPORATION | 9/24/1958 | 64 | 194 | 12570 | LA | Lincoln | ||||||||||
LA-SMB0149-000 |
ROBERT E WITT, ET AL | MURPHY CORPORATION | 9/25/1958 | 64 | 182 | 12566 | LA | Lincoln | ||||||||||
LA-SMB0150-000 |
MOZEL JACKSON BUTLER NORRIS | MURPHY CORPORATION | 2/21/1959 | 67 | 95 | 12863 | LA | Lincoln | ||||||||||
LA-SMB0151-001 |
W C SIMONTON | ABE B HARRIS | 5/23/1949 | 51 | 223 | N-91311 | LA | Lincoln | ||||||||||
LA-SMB0151-002 |
LOIS OLIVER HOLSTEAD, ET AL | ABE B HARRIS | 6/1/1949 | 51 | 215 | N-91307 | LA | Lincoln | ||||||||||
LA-SMB0151-003 |
ROGER E WHELESS | ABE B HARRIS | 5/31/1949 | 51 | 213 | N-91306 | LA | Lincoln | ||||||||||
LA-SMB0151-004 |
GEORGE J GREER, ET UX | ABE B HARRIS | 6/23/1949 | 51 | 207 | N-91303 | LA | Lincoln | ||||||||||
LA-SMB0151-005 |
ADD THOMPSON | ABE B HARRIS | 5/21/1949 | 51 | 221 | N-91310 | LA | Lincoln | ||||||||||
LA-SMB0151-006 |
SUMMERFIELD G ROBERTS | ABE B HARRIS | 7/12/1949 | 51 | 211 | N-91305 | LA | Lincoln | ||||||||||
LA-SMB0151-007 |
DAVID M LIDE | ABE B HARRIS | 6/28/1949 | 51 | 209 | N-91304 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-SMB0151-008 |
HERMAN BROWN | ABE B HARRIS | 8/26/1949 | 51 | 205 | N-91302 | LA | Lincoln | ||||||||||
LA-SMB0151-009 |
E R HAYS | ABE B HARRIS | 4/11/1950 | 52 | 483 | N-95885 | LA | Lincoln | ||||||||||
LA-SMB0151-010 |
J FLOYD HODGE | ABE B HARRIS | 6/1/1949 | 51 | 225 | N-91312 | LA | Lincoln | ||||||||||
LA-SMB0151-011 |
A R WHERRITT | ABE B HARRIS | 10/15/1949 | 51 | 315 | N-91845 | LA | Lincoln | ||||||||||
LA-SMB0151-012 |
C E BARHAM | ABE B HARRIS | 5/21/1949 | 51 | 219 | N-91309 | LA | Lincoln | ||||||||||
LA-SMB0151-013 |
C C BARNHAM | ABE B HARRIS | 5/21/1949 | 51 | 217 | N-91308 | LA | Lincoln | ||||||||||
LA-SMB0152-000 |
LAURA MAE AND JOSEPH STREETS | ABE HARRIS | 9/20/1950 | 54 | 411 | LA | Lincoln | |||||||||||
LA-TER0001-000 |
MILTON LAVELLE HOOD ET AL | KCS RESOURCES INC | 11/20/2003 | 1154 | 803 | 52904 | LA | Lincoln | ||||||||||
LA-TER0002-001 |
M L HOOD ET AL | CYPRESS OPERATING INC | 1/10/2001 | 1115 | 263 | F26819 | LA | Lincoln | ||||||||||
LA-TER0002-002 |
MILTON LAVELLE HOOD ET AL | KCS RESOURCES INC | 4/12/2006 | 1200 | 545 | F76136 | LA | Lincoln | ||||||||||
LA-TER0003-001 |
REAM INTERESTS INC | MIDNITE ENERGY INC | 6/4/2004 | 1162 | 247 | 57541 | LA | Lincoln | ||||||||||
BENJAMIN MINERALS INC | ||||||||||||||||||
LA-TER0003-002 |
WILLIAM MENTE BENJAMIN AS PRESIDENT | MIDNITE ENERGY INC | 6/1/2004 | 1162 | 256 | 57543 | LA | Lincoln | ||||||||||
LA-TER0003-003 |
EXOTIC OIL & GAS LLC | MIDNITE ENERGY INC | 4/8/2004 | 1162 | 243 | 57540 | LA | Lincoln | ||||||||||
LA-TER0003-004 |
DOROTHY HOGG LEACH | MIDNITE ENERGY INC | 4/20/2004 | 1162 | 239 | 57539 | LA | Lincoln | ||||||||||
LA-TER0003-005 |
S D RESOURCES LTD ET AL | MIDNITE ENERGY INC | 4/1/2004 | 1162 | 260 | 57544 | LA | Lincoln | ||||||||||
LOUISIANA UNITED METHODIST CHILDREN AND | ||||||||||||||||||
LA-TER0003-006 |
FAMILY SERVICES INC | MIDNITE ENERGY INC | 6/2/2004 | 1162 | 252 | F57542 | LA | Lincoln | ||||||||||
BARBARA FOREE WALLACE TRUST | ||||||||||||||||||
BARBARA FOREE WALLACE TRUSTEE | ||||||||||||||||||
ELIZABETH FOREE LEE TRUST | ||||||||||||||||||
ELIZABETH FOREE LEE TRUSTEE | ||||||||||||||||||
NANCI LEE FOREE TRUST | ||||||||||||||||||
LA-TER0003-007 |
NANCI LEE FOREE TRUSTEE | MIDNITE ENERGY INC | 5/16/2004 | 1162 | 365 | F57567 | LA | Lincoln | ||||||||||
LA-TER0003-008 |
MOSBACHER USA INC | MIDNITE ENERGY INC | 11/19/2004 | 1170 | 674 | 62270 | LA | Lincoln | ||||||||||
1162 | 272 | 057547 | ||||||||||||||||
1162 | 272 | 057547 | ||||||||||||||||
LA-TER0003-009 |
C W WILLIAMS JR ET AL | MIDNITE ENERGY INC | 3/20/2004 | 1162 | 272 | 057547 | LA | Lincoln | ||||||||||
PAUL D SMITH JR ESTATE | ||||||||||||||||||
LA-TER0003-010 |
JAMES W COBURN AS INDEPENDENT EXECUTOR | MIDNITE ENERGY INC | 7/14/2004 | 1186 | 513 | F70069 | LA | Lincoln | ||||||||||
LA-TER0003-011 |
LAVERNE DELONY JEFCOAT | MIDNITE ENERGY INC | 7/15/2005 | 1186 | 488 | F70065 | LA | Lincoln | ||||||||||
LA-TER0003-012 |
JUDITH DELONY WASSON | MIDNITE ENERGY INC | 7/18/2005 | 1189 | 726 | F71600 | LA | Lincoln | ||||||||||
LA-TER0003-013 |
GEORGE GRAHAM CAVER | MIDNITE ENERGY INC | 7/15/2005 | 1186 | 497 | F70067 | LA | Lincoln | ||||||||||
LA-TER0003-014 |
GEORGE MICHAEL DELONEY | MIDNITE ENERGY INC | 7/22/2005 | 1186 | 483 | F70064 | LA | Lincoln | ||||||||||
LA-TER0003-015 |
JAMES ARNOLD DELONEY | MIDNITE ENERGY INC | 7/22/2005 | 1186 | 522 | F70071 | LA | Lincoln | ||||||||||
LA-TER0003-016 |
RICKY LYNN MORISON | MIDNITE ENERGY INC | 8/16/2005 | 1186 | 526 | F70072 | LA | Lincoln | ||||||||||
LA-TER0003-017 |
RONNIE LEE MCCULLIN | MIDNITE ENERGY INC | 7/14/2005 | 1186 | 530 | F70073 | LA | Lincoln | ||||||||||
ROBERT C NOLAN ET AL | ||||||||||||||||||
CHARLES M NOLAN | ||||||||||||||||||
WILLIAM C NOLAN JR | ||||||||||||||||||
LA-TER0003-018 |
THEODOSIA M NOLAN RODDY | MIDNITE ENERGY INC | 7/14/2005 | 1186 | 543 | F70076 | LA | Lincoln | ||||||||||
LA-TER0003-019 |
MELBA N KOLB | MIDNITE ENERGY INC | 9/8/2005 | 1186 | 539 | F70075 | LA | Lincoln | ||||||||||
LA-TER0003-020 |
SUSAN G SCHROEDER ET AL | MIDNITE ENERGY INC | 6/30/2005 | 1186 | 534 | F70074 | LA | Lincoln | ||||||||||
PAULINE N ANTILLEY | ||||||||||||||||||
LA-TER0003-021 |
REPRESENTED BY BRADLEY NOBLES JOHNSON A-I-F | MIDNITE ENERGY INC | 8/30/2005 | 1188 | 794 | F71186 | LA | Lincoln | ||||||||||
LA-TER0003-022 |
CHARLES H MURPHY JR ESTATE ET AL | MIDNITE ENERGY INC | 8/5/2005 | 1188 | 802 | F71188 | LA | Lincoln | ||||||||||
LA-TER0003-023 |
L S YOUNGBLOOD COMPANY | MIDNITE ENERGY INC | 10/29/2004 | 1170 | 670 | 62269 | LA | Lincoln | ||||||||||
LA-TER0003-026 |
PEGGY JO DELONEY | MIDNITE ENERGY INC | 7/26/2005 | 1188 | 798 | F71187 | LA | Lincoln | ||||||||||
LA-TER0003-027 |
HELEN RUTH BURTON | MIDNITE ENERGY INC | 4/6/2004 | 1162 | 277 | 57548 | LA | Lincoln | ||||||||||
LA-TER0003-028 |
WILMOTH INTERESTS INC | MIDNITE ENERGY INC | 4/1/2004 | 1166 | 436 | 59964 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0003-029 |
CCW INTEREST INC | MIDNITE ENERGY INC | 6/4/2004 | 1165 | 312 | 59259 | LA | Lincoln | ||||||||||
LA-TER0003-030 |
CYNTHIA R DORFMAN | MIDNITE ENERGY INC | 6/28/2004 | 1165 | 317 | 59260 | LA | Lincoln | ||||||||||
LA-TER0003-031 |
SHELLEY D ROBERTS | MIDNITE ENERGY INC | 6/28/2004 | 1165 | 321 | 59261 | LA | Lincoln | ||||||||||
PRINCIPIA CORPORATION BANK OF OKLAHOMA | ||||||||||||||||||
LA-TER0003-032 |
AGENT | MIDNITE ENERGY INC | 6/30/2004 | 1165 | 328 | 59263 | LA | Lincoln | ||||||||||
LA-TER0003-033 |
NORTH CENTRAL OIL CORPORATION | MIDNITE ENERGY INC | 6/9/2005 | 1186 | 502 | F70068 | LA | Lincoln | ||||||||||
PHILLIP B HOWELL & MARY AMELIA WHITED HOWELL | ||||||||||||||||||
REVOCABLE TRUST | ||||||||||||||||||
LA-TER0003-034 |
AND THE FROST FOUNDATION | MIDNITE ENERGY INC | 7/22/2005 | 1186 | 517 | F70070 | LA | Lincoln | ||||||||||
1166 | 442 | 059965 | ||||||||||||||||
LA-TER0003-035 |
S & P CO | MIDNITE ENERGY INC | 9/2/2004 | 1166 | 442 | 059965 | LA | Lincoln | ||||||||||
1189 | 718 | F71599 | ||||||||||||||||
LA-TER0003-036 |
SKLARCO LLC | MIDNITE ENERGY INC | 12/1/2004 | 1189 | 718 | F71599 | LA | Lincoln | ||||||||||
LA-TER0003-037 |
DORA THATCHER FRATELLI | MIDNITE ENERGY INC | 9/8/2004 | 1166 | 448 | 59966 | LA | Lincoln | ||||||||||
LA-TER0003-038 |
REGINALD R JONES JR | MIDNITE ENERGY INC | 9/8/2004 | 1166 | 452 | 59967 | LA | Lincoln | ||||||||||
LA-TER0003-039 |
MARIANNE HAMITER WILLIAMS | MIDNITE ENERGY INC | 9/8/2004 | 1166 | 456 | 59968 | LA | Lincoln | ||||||||||
LA-TER0003-040 |
JUANITA E YOUNGBLOOD TRUST | MIDNITE ENERGY INC | 6/30/2004 | 1165 | 325 | 59262 | LA | Lincoln | ||||||||||
LA-TER0003-041 |
L S YOUNGBLOOD COMPANY | MIDNITE ENERGY INC | 6/23/2005 | 1186 | 493 | F70066 | LA | Lincoln | ||||||||||
LA-TER0003-042 |
DAURLINE TANNER | ROBERT E MCKELLAR | 4/14/2005 | 1173 | 508 | 63756 | LA | Lincoln | ||||||||||
LA-TER0003-043 |
BILLYE MARGARET SNIDER HUFF | ROBERT E MCKELLAR | 4/18/2005 | 1174 | 639 | F64414 | LA | Lincoln | ||||||||||
LA-TER0003-044 |
OLEN LAVELLE SINGLETON ET AL | KCS RESOURCES INC | 7/26/2007 | 1237 | 87 | F90828 | LA | Lincoln | ||||||||||
1170 | 671 | |||||||||||||||||
LA-TER0003-045 |
RUDMAN PARTNERSHIP LTD | MIDNITE ENERGY INC | 12/1/2004 | 1170 | 677 | LA | Lincoln | |||||||||||
1162 | 309 | 057554 | ||||||||||||||||
1162 | 309 | 057554 | ||||||||||||||||
LA-TER0003-046 |
MATTIE JEAN HEDGEPETH THOMAS DYE | MIDNITE ENERGY INC | 2/20/2004 | 1162 | 309 | LA | Lincoln | |||||||||||
1162 | 291 | 057551 | ||||||||||||||||
1162 | 291 | 057551 | ||||||||||||||||
1162 | 291 | 057551 | ||||||||||||||||
LA-TER0003-047 |
MORITA THOMAS BAXTER PALMER | MIDNITE ENERGY INC | 12/8/2003 | 1162 | 291 | 057551 | LA | Lincoln | ||||||||||
1162 | 297 | 057552 | ||||||||||||||||
1162 | 297 | 057552 | ||||||||||||||||
LA-TER0003-048 |
CHERYL ANN BAXTER MONROE | MIDNITE ENERGY INC | 12/8/2003 | 1162 | 297 | 057552 | LA | Lincoln | ||||||||||
1162 | 303 | 057553 | ||||||||||||||||
1162 | 303 | 057553 | ||||||||||||||||
LA-TER0003-049 |
FRANCES V HARRISON | MIDNITE ENERGY INC | 2/20/2004 | 1162 | 303 | 057553 | LA | Lincoln | ||||||||||
LA-TER0003-050 |
JOYCE LAFETTE DANIEL HENRY | MIDNITE ENERGY INC | 8/12/2004 | 1165 | 285 | 59252 | LA | Lincoln | ||||||||||
LA-TER0003-051 |
STEPHANIE Y MONNIN | MIDNITE ENERGY INC | 10/25/2004 | 1170 | 662 | 62267 | LA | Lincoln | ||||||||||
LA-TER0003-052 |
MARCUS W MONNIN | MIDNITE ENERGY INC | 10/25/2004 | 1170 | 666 | 62268 | LA | Lincoln | ||||||||||
LA-TER0003-053 |
CATHERINE FOLSE COLVIN ET AL | ROBERT E MCKELLAR | 12/3/2003 | 1154 | 549 | 52747 | LA | Lincoln | ||||||||||
LA-TER0003-054 |
JAMES H COLVIN | ROBERT E MCKELLAR | 12/4/2003 | 1154 | 155 | 52487 | LA | Lincoln | ||||||||||
LA-TER0003-055 |
JULIA ANN NICHOLS ET VIR | ROBERT E MCKELLAR | 12/3/2003 | 1153 | 771 | 52336 | LA | Lincoln | ||||||||||
LA-TER0003-056 |
LITTLETON P COLVIN JR ET UX | ROBERT E MCKELLAR | 12/4/2003 | 1153 | 804 | 52361 | LA | Lincoln | ||||||||||
LA-TER0003-057 |
VELDA JANE GIBBS KAY KENT | ROBERT E MCKELLAR | 12/5/2003 | 1153 | 800 | 52360 | LA | Lincoln | ||||||||||
LA-TER0003-058 |
KATHRYN JEAN WARD | MIDNITE ENERGY INC | 8/5/2004 | 1165 | 289 | 59253 | LA | Lincoln | ||||||||||
LA-TER0003-059 |
FRANCES LUCILLE BURFORD | MIDNITE ENERGY INC | 8/5/2004 | 1165 | 293 | 59254 | LA | Lincoln | ||||||||||
LA-TER0003-060 |
WALTER RAY FARRAR JR | MIDNITE ENERGY INC | 8/5/2004 | 1165 | 297 | 59255 | LA | Lincoln | ||||||||||
LA-TER0003-061 |
HARRY R COOK JR | MIDNITE ENERGY INC | 8/5/2004 | 1165 | 301 | 59256 | LA | Lincoln | ||||||||||
LA-TER0003-062 |
WILLIAM DON SMITH | MIDNITE ENERGY INC | 8/11/2004 | 1166 | 465 | 59970 | LA | Lincoln | ||||||||||
LA-TER0003-063 |
LUCILLE E C FULLER | MIDNITE ENERGY INC | 8/20/2004 | 1166 | 469 | 59971 | LA | Lincoln | ||||||||||
LA-TER0003-064 |
HELEN HOLLIS COLVIN | MIDNITE ENERGY INC | 8/11/2004 | 1165 | 305 | 59257 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0003-065 |
THOMAS M MONCRIEF ET AL | MIDNITE ENERGY INC | 8/10/2004 | 1166 | 460 | 59969 | LA | Lincoln | ||||||||||
492 | 267 | |||||||||||||||||
492 | 267 | |||||||||||||||||
492 | 267 | |||||||||||||||||
LA-TER0003-067 |
FRANCES NOBLES GURRADO ET VIR | EASON OIL COMPANY INC | 9/5/1984 | 492 | 267 | LA | Lincoln | |||||||||||
492 | 263 | E-1608 | ||||||||||||||||
492 | 263 | E-1608 | ||||||||||||||||
492 | 263 | E-1608 | ||||||||||||||||
LA-TER0003-068 |
MAURINE NOBLES JACKSON | EASON OIL COMPANY INC | 9/5/1984 | 492 | 263 | E-1608 | LA | Lincoln | ||||||||||
430 | 209 | D-48893 | ||||||||||||||||
430 | 209 | D-48893 | ||||||||||||||||
430 | 209 | D-48893 | ||||||||||||||||
LA-TER0003-069 |
J LEE YOUNGBLOOD ET UX | P L YOUNGBLOOD | 4/8/1983 | 430 | 209 | D-48893 | LA | Lincoln | ||||||||||
503 | 254 | |||||||||||||||||
503 | 254 | |||||||||||||||||
503 | 254 | |||||||||||||||||
LA-TER0003-070 |
MELBA NOBLES KOLB | EASON OIL COMPANY INC | 9/5/1984 | 503 | 254 | LA | Lincoln | |||||||||||
494 | 328 | |||||||||||||||||
494 | 328 | |||||||||||||||||
494 | 328 | |||||||||||||||||
LA-TER0003-071 |
PAULINE NOBLES ANTILLEY | EASON OIL COMPANY INC | 9/5/1984 | 494 | 328 | LA | Lincoln | |||||||||||
LA-TER0003-075 |
MILTON LAVELLE HOOD ET UX | PETROHOOD CORPORATION | 12/15/2007 | 1256 | 231 | F98352 | LA | Lincoln | ||||||||||
LA-TER0003-P24 |
R PETE SMITH ET AL | MIDNITE ENERGY INC | 8/9/2005 | 1186 | 552 | F70078 | LA | Lincoln | ||||||||||
LA-TER0003-P25 |
EMMA MARY SMITH | MIDNITE ENERGY INC | 9/6/2005 | 1186 | 548 | F70077 | LA | Lincoln | ||||||||||
LA-TER0003-P73 |
ROY FREDERICK BAXTER ET UX | MIDNITE ENERGY INC | 12/8/2003 | 1162 | 285 | 57550 | LA | Lincoln | ||||||||||
LA-TER0004-000 |
DOROTHY COLVIN NAPPER | MIDNITE ENERGY INC | 11/20/2003 | 1162 | 315 | LA | Lincoln | |||||||||||
LA-TER0005-001 |
THOMAS C COLVIN JR ET UX | MIDNITE ENERGY INC | 11/20/2003 | 1162 | 323 | 57557 | LA | Lincoln | ||||||||||
LA-TER0005-002 |
PATRICK M MCGOWAN ET UX | MIDNITE ENERGY INC | 12/3/2003 | 1162 | 319 | 57556 | LA | Lincoln | ||||||||||
LA-TER0005-003 |
DISCUS OIL CORPORATION | KCS RESOURCES INC | 1/22/2006 | 1197 | 673 | F75013 | LA | Lincoln | ||||||||||
LA-TER0005-004 |
WAYNE L SIMPSON | KCS RESOURCES INC | 1/22/2006 | 1197 | 664 | F75010 | LA | Lincoln | ||||||||||
LA-TER0005-005 |
TERESA S CRAWFORD | KCS RESOURCES INC | 1/22/2006 | 1197 | 670 | F75012 | LA | Lincoln | ||||||||||
LA-TER0005-006 |
CARLA S MAXWELL | KCS RESOURCES INC | 1/22/2006 | 1197 | 677 | F75014 | LA | Lincoln | ||||||||||
LA-TER0005-007 |
WILLIAM D PITTMAN | MIDNITE ENERGY INC | 6/29/2005 | LA | Lincoln | |||||||||||||
LA-TER0005-008 |
ALICE G PITTMAN ET AL | MIDNITE ENERGY INC | 8/25/2004 | 1170 | 658 | F62266 | LA | Lincoln | ||||||||||
LA-TER0005-009 |
DON DURRETT | MIDNITE ENERGY INC | 8/3/2004 | 1165 | 309 | 59258 | LA | Lincoln | ||||||||||
LA-TER0005-010 |
LESLEY S JAMES | KCS RESOURCES INC | 1/22/2006 | 1197 | 667 | F75011 | LA | Lincoln | ||||||||||
LA-TER0007-000 |
RICHARD SPESS ET UX | MIDNITE ENERGY INC | 3/19/2004 | 1162 | 281 | 57549 | LA | Lincoln | ||||||||||
LA-TER0009-000 |
JAMES A GODWIN ET UX | KCS RESOURCES INC | 11/11/2003 | 1159 | 162 | 55334 | LA | Lincoln | ||||||||||
LA-TER0010-000 |
SIDNEY GLEN MCCULLIN ET AL | CYPRESS OPERATING INC. | 11/15/2000 | 113 | 299 | 26336 | LA | Lincoln | ||||||||||
LA-TER0011-001 |
WILLARD DONALD WALLACE ET UX | CYPRESS OPERATING INC | 12/18/2000 | 1113 | 293 | 26335 | LA | Lincoln | ||||||||||
LA-TER0011-002 |
SALEM UNITED METHODIST CHURCH | CYPRESS OPERATING INC. | 1/8/2001 | 1113 | 351 | 26349 | LA | Lincoln | ||||||||||
LA-TER0011-003 |
SALEM UNITED METHODIST CHURCH | WILDHORSE RESOURCES LLC | 4/15/2012 | 1312 | 594 | F123757 | LA | Lincoln | ||||||||||
LA-TER0013-000 |
BELLEVUE TIMBER COMPANY INC | CYPRESS OPERATING INC. | 11/27/2000 | 1113 | 303 | 26337 | LA | Lincoln | ||||||||||
LA-TER0014-001 |
JAMES E DAVISON ET UX | CYPRESS OPERATING INC. | 11/27/2000 | 1115 | 277 | 26822 | LA | Lincoln | ||||||||||
1118 | 619 | 028608 | ||||||||||||||||
LA-TER0014-002 |
ROBERT CRAIG SMITH ET UX | CYPRESS OPERATING INC. | 4/23/2001 | 1322 | 387 | F128919 | LA | Lincoln | ||||||||||
LA-TER0014-003 |
MARTA HUDSON CAMPBELL ET VIR | KCS RESOURCES INC | 9/16/2003 | F75987 | LA | Lincoln | ||||||||||||
LA-TER0014-004 |
ALAN PHILLIP CAMPBELL ET UX | HUNTER ENERGY CORPORATION | 10/31/2002 | 1139 | 114 | 42860 | LA | Lincoln | ||||||||||
1311 | 482 | F123120 | ||||||||||||||||
LA-TER0014-005 |
ALAN PHILLIP CAMPBELL SR ET UX | WILDHORSE RESOURCES LLC | 3/7/2012 | 1311 | 482 | F123120 | LA | Lincoln | ||||||||||
LA-TER0014-006 |
CHARLES PEYTON MCCULLIN | HUNTER ENERGY CORPORATION | 10/21/2002 | 1139 | 526 | 43065 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
1173 | 764 | 063930 | ||||||||||||||||
LA-TER0014-007 |
JOSEPH DREW RADESCICH | KCS RESOURCES INC | 3/30/2005 | 1173 | 764 | 063930 | LA | Lincoln | ||||||||||
1311 | 477 | F123119 | ||||||||||||||||
1311 | 477 | F123119 | ||||||||||||||||
LA-TER0014-008 |
JOSEPH DREW RADESCICH | WILDHORSE RESOURCES LLC | 3/12/2012 | 1311 | 477 | F123119 | LA | Lincoln | ||||||||||
LA-TER0014-009 |
JOSEPH DREW RADESCICH | HUNTER ENERGY CORPORATION | 10/30/2002 | 1139 | 118 | 42861 | LA | Lincoln | ||||||||||
LA-TER0014-010 |
MILDRED Y REYNOLDS JACKSON | HUNTER ENERGY CORPORATION | 11/11/2002 | 1142 | 18 | F44576 | LA | Lincoln | ||||||||||
LA-TER0014-011 |
PINKIE LOU REYNOLDS STREET | HUNTER ENERGY CORPORATION | 11/11/2002 | 1139 | 608 | 43107 | LA | Lincoln | ||||||||||
LA-TER0014-012 |
VELMA R SPIVEY | HUNTER ENERGY CORPORATION | 11/5/2002 | 1139 | 291 | 42901 | LA | Lincoln | ||||||||||
LA-TER0014-013 |
LOU JONE REYNOLDS | HUNTER ENERGY CORPORATION | 11/5/2002 | 1139 | 616 | 43109 | LA | Lincoln | ||||||||||
LA-TER0014-014 |
SANDRA MARIE REYNOLDS HILL | HUNTER ENERGY CORPORATION | 11/11/2002 | 1139 | 612 | 43108 | LA | Lincoln | ||||||||||
LA-TER0014-015 |
KIM LOTT | HUNTER ENERGY CORPORATION | 11/11/2002 | 1141 | 785 | F44499 | LA | Lincoln | ||||||||||
LA-TER0014-016 |
EFFIE JEWEL BADGER | HUNTER ENERGY CORPORATION | 11/5/2002 | 1139 | 299 | 42903 | LA | Lincoln | ||||||||||
LA-TER0016-000 |
LOUISIANA MINERALS LTD | CYPRESS OPERATING INC. | 4/23/2001 | 1118 | 624 | F28609 | LA | Lincoln | ||||||||||
JAMES E DAVISON ET UX | ||||||||||||||||||
LA-TER0019-000 |
DIANNE ODOM DAVISON | HUNTER ENERGY CORPORATION | 9/23/2002 | 1139 | 122 | 42862 | LA | Lincoln | ||||||||||
LA-TER0020-000 |
BELLEVUE TIMBER COMPANY INC | HUNTER ENERGY CORPORATION | 10/10/2002 | 1139 | 90 | 42854 | LA | Lincoln | ||||||||||
LA-TER0021-000 |
SIDNEY GLEN MCCULLIN ET UX | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 86 | 42853 | LA | Lincoln | ||||||||||
LA-TER0024-000 |
RICHARD KEITH CANTERBURY ET UX | KCS RESOURCES INC | 10/23/2002 | 1139 | 277 | 42897 | LA | Lincoln | ||||||||||
LA-TER0025-001 |
MILTON LEWIS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 134 | 42865 | LA | Lincoln | ||||||||||
LA-TER0025-002 |
MILTON LEWIS | KCS RESOURCES INC | 7/10/2003 | 1150 | 206 | 49783 | LA | Lincoln | ||||||||||
1139 | 126 | 042863 | ||||||||||||||||
LA-TER0025-005 |
NELLIE LEWIS BROWN ET AL | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 126 | 042863 | LA | Lincoln | ||||||||||
LA-TER0025-006 |
MARVIN LEWIS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 138 | 42866 | LA | Lincoln | ||||||||||
LA-TER0025-007 |
GLADYS LEWIS | HUNTER ENERGY CORPORATION | 10/14/2002 | 1139 | 146 | 42868 | LA | Lincoln | ||||||||||
LA-TER0025-008 |
ANDREW LEWIS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 102 | 42857 | LA | Lincoln | ||||||||||
LA-TER0025-009 |
MARY LEWIS KILLINGS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 94 | 42855 | LA | Lincoln | ||||||||||
LA-TER0025-010 |
SARAH JEAN LEWIS DAVIS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 130 | 42864 | LA | Lincoln | ||||||||||
LA-TER0025-011 |
RUBY LEE LEWIS AUSTIN | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 142 | 42867 | LA | Lincoln | ||||||||||
LA-TER0025-012 |
LACY B LEWIS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 98 | 42856 | LA | Lincoln | ||||||||||
LA-TER0025-013 |
JOHN H LEWIS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 303 | 42904 | LA | Lincoln | ||||||||||
LA-TER0025-014 |
LARRY D LEWIS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 110 | 42859 | LA | Lincoln | ||||||||||
LA-TER0025-015 |
CLAUDE LEWIS | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 106 | 42858 | LA | Lincoln | ||||||||||
LA-TER0025-016 |
EFFIE LEWIS JOHNSON | KCS RESOURCES INC | 5/12/2005 | 1177 | 391 | F65782 | LA | Lincoln | ||||||||||
LA-TER0025-017 |
IRENE LEWIS | KCS RESOURCES INC | 4/14/2006 | 1203 | 127 | F77439 | LA | Lincoln | ||||||||||
LA-TER0025-P03 |
LAWRENCE BROWN | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 533 | 43067 | LA | Lincoln | ||||||||||
LA-TER0025-P04 |
MARY L B WILTZ | HUNTER ENERGY CORPORATION | 10/17/2002 | 1139 | 307 | 42905 | LA | Lincoln | ||||||||||
LA-TER0026-001 |
DOROTHY J STANDIFER ET AL | HUNTER ENERGY CORPORATION | 9/23/2002 | 1139 | 162 | 42872 | LA | Lincoln | ||||||||||
LA-TER0026-002 |
LARRY STANDIFER SR | HUNTER ENERGY CORPORATION | 9/23/2002 | 1139 | 158 | 42871 | LA | Lincoln | ||||||||||
LA-TER0026-003 |
MARY S PAGE ET AL | HUNTER ENERGY CORPORATION | 9/23/2002 | 1139 | 166 | 42873 | LA | Lincoln | ||||||||||
LA-TER0026-004 |
MICHAEL I STANDIFER | HUNTER ENERGY CORPORATION | 9/23/2002 | 1139 | 154 | 42870 | LA | Lincoln | ||||||||||
LA-TER0026-005 |
LAVERNE S JUNIOR ET VIR | HUNTER ENERGY CORPORATION | 9/23/2002 | 1139 | 170 | 42874 | LA | Lincoln | ||||||||||
LA-TER0026-006 |
GEORGE STANDIFER JR | HUNTER ENERGY CORPORATION | 9/23/2002 | 1139 | 150 | 42869 | LA | Lincoln | ||||||||||
LA-TER0027-001 |
WILLARD DONALD WALLACE ET AL | KCS RESOURCES INC | 4/12/2004 | 1159 | 514 | 55631 | LA | Lincoln | ||||||||||
1205 | 334 | F78525 | ||||||||||||||||
LA-TER0027-002 |
ALICE STINSON BOWDEN | KCS RESOURCES INC | 8/16/2006 | 1204 | 257 | F78012 | LA | Lincoln | ||||||||||
LA-TER0028-000 |
LAWRENCE NICHOLAS MCCULLIN | KCS RESOURCES INC | 4/14/2004 | 1160 | 612 | 56501 | LA | Lincoln | ||||||||||
LA-TER0029-000 |
MATTIE HILL MURPHY ET AL | KCS RESOURCES INC | 6/26/2007 | 1229 | 230 | DOC. #F87718 | LA | Lincoln | ||||||||||
LA-TER0031-001 |
HAZEL STANDIFER CARODINE | UNION TEXAS PETROLEUM CORPORATION | 10/4/1982 | 416 | 111 | D-46939 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0031-002 |
MARY JEAN STANDIFER GRANT | UNION TEXAS PETROLEUM CORPORATION | 10/1/1982 | 416 | 115 | D-46940 | LA | Lincoln | ||||||||||
LA-TER0031-003 |
SAMUEL STANDIFER | UNION TEXAS PETROLEUM CORPORATION | 10/1/1982 | 468 | 197 | D-55067 | LA | Lincoln | ||||||||||
LA-TER0031-004 |
LESSIE MAE MALCOLM WALSH | UNION TEXAS PETROLEUM CORPORATION | 10/5/1982 | 416 | 147 | D-46948 | LA | Lincoln | ||||||||||
LA-TER0031-005 |
ROBERT MAY | UNION TEXAS PETROLEUM CORPORATION | 9/29/1982 | 416 | 139 | D-46946 | LA | Lincoln | ||||||||||
LA-TER0031-006 |
ANNIE RUTH STANDIFER FULCHER | UNION TEXAS PETROLEUM CORPORATION | 4/14/1982 | 467 | 56 | D-54889 | LA | Lincoln | ||||||||||
LA-TER0031-007 |
FENIS MARIE HILL | UNION TEXAS PETROLEUM CORPORATION | 5/25/1981 | 340 | 17 | D-35830 | LA | Lincoln | ||||||||||
LA-TER0031-008 |
FELTON HILL | UNION TEXAS PETROLEUM CORPORATION | 5/18/1981 | 338 | 58 | D-35478 | LA | Lincoln | ||||||||||
LA-TER0031-009 |
PEGGY ANN HILL CHAIRES | UNION TEXAS PETROLEUM CORPORATION | 5/25/1981 | 340 | 21 | D-35831 | LA | Lincoln | ||||||||||
LA-TER0031-010 |
ELTON HILL | UNION TEXAS PETROLEUM CORPORATION | 5/18/1981 | 340 | 5 | D-35827 | LA | Lincoln | ||||||||||
LA-TER0031-011 |
BARBARA ELLIS MCMURRAY | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 340 | 9 | D-35828 | LA | Lincoln | ||||||||||
LA-TER0031-012 |
OSSIE HILL THOMAS | UNION TEXAS PETROLEUM CORPORATION | 5/18/1981 | 338 | 348 | D-35637 | LA | Lincoln | ||||||||||
LA-TER0031-013 |
DOROTHY ELLIS CRAWFORD | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 340 | 13 | D-35829 | LA | Lincoln | ||||||||||
LA-TER0031-014 |
JOHN WESLEY LOCKHART ET AL | KCS RESOURCES INC | 8/28/2007 | 1253 | 642 | F97724 | LA | Lincoln | ||||||||||
203 | 356 | D-2523 | ||||||||||||||||
LA-TER0031-015 |
LADDIE DUPREE ET UX | FRANK D RIPPY | 10/12/1976 | 203 | 356 | D-2523 | LA | Lincoln | ||||||||||
303 | 330 | D-29763 | ||||||||||||||||
LA-TER0031-016 |
SALLIE TALBERT GARNER | UNION TEXAS PETROLEUM | 6/5/1980 | 303 | 330 | D-29763 | LA | Lincoln | ||||||||||
LA-TER0031-017 |
LILLIAN GIVENS BURNHAM | UNION TEXAS PETROLEUM | 7/12/1980 | 323 | 58 | D-33200 | LA | Lincoln | ||||||||||
LA-TER0031-018 |
ALICE MARIE LEWIS PARKER | UNION TEXAS PETROLEUM | 6/25/1980 | 308 | 322 | D-30631 | LA | Lincoln | ||||||||||
LA-TER0031-019 |
CLEVELAND BROWN | UNION TEXAS PETROLEUM | 9/3/1980 | 308 | 318 | D-30630 | LA | Lincoln | ||||||||||
314 | 144 | D-31569 | ||||||||||||||||
LA-TER0031-020 |
CARRIE MAE LEWIS KING | UNION TEXAS PETROLEUM | 6/25/1980 | 314 | 144 | D-31569 | LA | Lincoln | ||||||||||
381 | 220 | D-41937 | ||||||||||||||||
LA-TER0031-021 |
JESSE COLQUIT ET UX | UNION TEXAS PETROLEUM CORPORATION | 12/15/1981 | 381 | 220 | D-41937 | LA | Lincoln | ||||||||||
379 | 187 | D-41599 | ||||||||||||||||
LA-TER0031-022 |
GENE T OLIVER ET UX | UNION TEXAS PETROLEUM CORPORATION | 3/19/1982 | 379 | 187 | D-41599 | LA | Lincoln | ||||||||||
381 | 224 | D-41938 | ||||||||||||||||
LA-TER0031-023 |
FILMORE COLQUIT | UNION TEXAS PETROLEUM | 12/15/1981 | 381 | 224 | D-41938 | LA | Lincoln | ||||||||||
LA-TER0031-024 |
LENOIT HILL | UNION TEXAS PETROLEUM CORPORATION | 9/17/1980 | 312 | 95 | D-31202 | LA | Lincoln | ||||||||||
LA-TER0031-025 |
MICHAEL J ELLIS | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 363 | 193 | D-39502 | LA | Lincoln | ||||||||||
LA-TER0031-026 |
ELMER BRIDGES JR | UNION TEXAS PETROLEUM CORPORATION | 11/20/1981 | 365 | 39 | D-39682 | LA | Lincoln | ||||||||||
LA-TER0031-027 |
BETTY LYNN BRIDGES CHISM | UNION TEXAS PETROLEUM CORPORATION | 11/20/1981 | 365 | 35 | D-39681 | LA | Lincoln | ||||||||||
LA-TER0031-028 |
MARY ELLIS HUMES | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 345 | 298 | D-36784 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0031-029 |
FLORA WALKER GOREE | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 345 | 302 | D-36785 | LA | Lincoln | ||||||||||
LA-TER0031-030 |
DIANE WALKER MOORE | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 345 | 306 | D-36786 | LA | Lincoln | ||||||||||
LA-TER0031-031 |
RUTH LEWIS BOOZE ET AL | UNION TEXAS PETROLEUM CORPORATION | 6/13/1981 | 369 | 213 | D-40325 | LA | Lincoln | ||||||||||
LA-TER0031-032 |
DALLAS WALKER | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 346 | 113 | D-36836 | LA | Lincoln | ||||||||||
LA-TER0031-033 |
EZRA WALKER | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 346 | 116 | D-36837 | LA | Lincoln | ||||||||||
LA-TER0031-034 |
JERELEAN WALKER DEBOSE | UNION TEXAS PETROLEUM CORPORATION | 7/8/1981 | 346 | 120 | D-36838 | LA | Lincoln | ||||||||||
LA-TER0031-035 |
JOE HILL JR | UNION TEXAS PETROLEUM CORPORATION | 5/18/1981 | 338 | 46 | D-35475 | LA | Lincoln | ||||||||||
LA-TER0031-036 |
JENNIE LEE HILL CAMPBELL | UNION TEXAS PETROLEUM CORPORATION | 5/18/1981 | 338 | 50 | D-35476 | LA | Lincoln | ||||||||||
LA-TER0031-037 |
WILLIAM HILL JR | UNION TEXAS PETROLEUM CORPORATION | 5/18/1981 | 338 | 54 | D-35477 | LA | Lincoln | ||||||||||
LA-TER0031-038 |
LLOYD HILL | UNION TEXAS PETROLEUM CORPORATION | 5/18/1981 | 342 | 141 | D-36261 | LA | Lincoln | ||||||||||
LA-TER0031-039 |
MARY JOYCE HILL | UNION TEXAS PETROLEUM CORPORATION | 5/25/1981 | 340 | 25 | D-35832 | LA | Lincoln | ||||||||||
LA-TER0031-040 |
ZANDRA ELLIS LEVINGSTON | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 342 | 137 | D-36260 | LA | Lincoln | ||||||||||
LA-TER0031-041 |
LOTTIE MAE HILL STEIB | UNION TEXAS PETROLEUM CORPORATION | 5/25/1981 | 355 | 297 | D-38353 | LA | Lincoln | ||||||||||
LA-TER0031-042 |
THERESA DUNN CALDWELL | FRANK D RIPPY | 3/16/1977 | 209 | 309 | D-4781 | LA | Lincoln | ||||||||||
258 | 151 | D-23143 | ||||||||||||||||
LA-TER0031-043 |
JIM ED REYNOLDS | ALLIED CHEMICAL CORPORATION | 7/31/1979 | 258 | 151 | D-23143 | LA | Lincoln | ||||||||||
253 | 461 | D-21773 | ||||||||||||||||
LA-TER0031-044 |
PRENTISS CAMP | ALLIED CHEMICAL CORPORATION | 6/25/1979 | 253 | 461 | D-21773 | LA | Lincoln | ||||||||||
253 | 465 | D-21774 | ||||||||||||||||
253 | 465 | D-21774 | ||||||||||||||||
253 | 465 | D-21774 | ||||||||||||||||
LA-TER0031-045 |
ELSIE KERKSIECK MENTIL | ALLIED CHEMICAL CORPORATION | 6/25/1979 | 253 | 465 | D-21774 | LA | Lincoln | ||||||||||
LA-TER0031-046 |
JESSIE REYNOLDS WINES | UNION TEXAS PETROLEUM CORPORATION | 11/22/1982 | 418 | 262 | D-47173 | LA | Lincoln | ||||||||||
LA-TER0031-047 |
LUGENE REYNOLDS | UNION TEXAS PETROLEUM CORPORATION | 11/23/1982 | 418 | 266 | D-47174 | LA | Lincoln | ||||||||||
LA-TER0031-048 |
JESSIE ADAMS WILLIAMS | UNION TEXAS PETROLEUM CORPORATION | 7/16/1981 | 346 | 124 | D-36839 | LA | Lincoln | ||||||||||
LA-TER0031-049 |
BOOKER T ADAMS | UNION TEXAS PETROLEUM CORP | 7/16/1981 | 346 | 128 | D-36840 | LA | Lincoln | ||||||||||
LA-TER0031-050 |
ESSIE LEAN ADAMS HOWARD | UNION TEXAS PETROLEUM CORP | 7/15/1981 | 346 | 132 | D-36841 | LA | Lincoln | ||||||||||
LA-TER0031-051 |
MARJORIE ADAMS WASHINGTON | UNION TEXAS PETROLEUM CORP | 7/15/1981 | 347 | 195 | D-37044 | LA | Lincoln | ||||||||||
LA-TER0031-052 |
MILTON D ADAMS | UNION TEXAS PETROLEUM CORP | 7/15/1981 | 347 | 199 | D-37045 | LA | Lincoln | ||||||||||
LA-TER0031-053 |
FLOYD REYNOLDS | UNION TEXAS PETROLEUM CORPORATION | 7/11/1981 | 347 | 227 | D-37052 | LA | Lincoln | ||||||||||
LA-TER0031-054 |
AVERT L ADAMS JR | UNION TEXAS PETROLEUM CORP | 8/25/1981 | 352 | 224 | D-37885 | LA | Lincoln | ||||||||||
LA-TER0031-055 |
PINKIE LOU REYNOLDS STREET | UNION TEXAS PETROLEUM CORP | 11/22/1982 | 422 | 192 | D47740 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0031-056 |
TITUS WALKER | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 347 | 207 | D-37047 | LA | Lincoln | ||||||||||
LA-TER0031-057 |
NAOMI WALKER LEWIS | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 347 | 211 | D-37048 | LA | Lincoln | ||||||||||
LA-TER0031-058 |
EMMA WALKER SMITH | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 347 | 219 | D-37050 | LA | Lincoln | ||||||||||
LA-TER0031-059 |
CORNELL BROWN | UNION TEXAS PETROLEUM CORPORATION | 6/6/1981 | 347 | 223 | D-37051 | LA | Lincoln | ||||||||||
LA-TER0031-060 |
JAMES WALKER | UNION TEXAS PETROLEUM CORPORATION | 12/16/1981 | 367 | 289 | D-40027 | LA | Lincoln | ||||||||||
LA-TER0031-061 |
SUSAN ELLIS MCCRAY | UNION TEXAS PETROLEUM CORPORATION | 10/8/1981 | 369 | 221 | D-40327 | LA | Lincoln | ||||||||||
LA-TER0031-062 |
GLADYS DANIEL REED | UNION TEXAS PETROLEUM CORPORATION | 3/12/1982 | 379 | 183 | D-41598 | LA | Lincoln | ||||||||||
LA-TER0031-063 |
FRANK LOCKHART | UNION TEXAS PETROLEUM CORPORATION | 3/12/1982 | 379 | 175 | D-41596 | LA | Lincoln | ||||||||||
LA-TER0031-064 |
ANNIE MAE LOCKHART ROBINSON | UNION TEXAS PETROLEUM CORPORATION | 3/12/1982 | 381 | 272 | D-41950 | LA | Lincoln | ||||||||||
LA-TER0031-065 |
LUCILLE WILSON WALKER | UNION TEXAS PETROLEUM CORPORATION | 3/12/1982 | 381 | 268 | D-41949 | LA | Lincoln | ||||||||||
LA-TER0031-066 |
Q T MOORE WILSON CORBIN | UNION TEXAS PETROLEUM CORPORATION | 3/12/1982 | 381 | 276 | D-41951 | LA | Lincoln | ||||||||||
LA-TER0031-067 |
BERNICE SMITH HARRIS | UNION TEXAS PETROLEUM CORPORATION | 3/17/1982 | 381 | 280 | D-41952 | LA | Lincoln | ||||||||||
LA-TER0031-068 |
JAMES CHARLES WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/12/1982 | 381 | 260 | D-41947 | LA | Lincoln | ||||||||||
LA-TER0031-069 |
MARY ODIS GREEN MILLER | UNION TEXAS PETROLEUM CORPORATION | 3/17/1982 | 381 | 264 | D-41948 | LA | Lincoln | ||||||||||
LA-TER0031-070 |
JESSIE B SMITH MCCOY | UNION TEXAS PETROLEUM CORPORATION | 3/17/1982 | 381 | 248 | D-41944 | LA | Lincoln | ||||||||||
LA-TER0031-071 |
MAGGIE LEE GREEN BREWSTER | UNION TEXAS PETROLEUM CORPORATION | 3/17/1982 | 381 | 252 | D-41945 | LA | Lincoln | ||||||||||
LA-TER0031-072 |
BENNY PIERCE | UNION TEXAS PETROLEUM CORPORATION | 3/22/1982 | 381 | 256 | D-41946 | LA | Lincoln | ||||||||||
LA-TER0031-073 |
BOBBIE RAY WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 390 | 57 | D-43287 | LA | Lincoln | ||||||||||
LA-TER0031-074 |
OLLIE PIERCE LARK | UNION TEXAS PETROLEUM CORPORATION | 3/15/1982 | 381 | 228 | D-41939 | LA | Lincoln | ||||||||||
LA-TER0031-075 |
JOHNNY WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/22/1982 | 459 | 40 | D-53677 | LA | Lincoln | ||||||||||
LA-TER0031-076 |
ISIAH PIERCE | UNION TEXAS PETROLEUM CORPORATION | 3/25/1982 | 381 | 232 | D-41940 | LA | Lincoln | ||||||||||
LA-TER0031-077 |
THOMAS JAMES PIERCE | UNION TEXAS PETROLEUM CORPORATION | 4/20/1982 | 383 | 36 | D-42157 | LA | Lincoln | ||||||||||
LA-TER0031-078 |
MAURENE LOCKHART GREEN | UNION TEXAS PETROLEUM CORPORATION | 10/1/1982 | 416 | 119 | D-46941 | LA | Lincoln | ||||||||||
LA-TER0031-079 |
ALLEN PIERCE | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 381 | 236 | D-41941 | LA | Lincoln | ||||||||||
LA-TER0031-080 |
JESSES JAMES WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 392 | 29 | D-43551 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0031-081 |
ROBERT LEE WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 432 | 208 | D-49236 | LA | Lincoln | ||||||||||
LA-TER0031-082 |
GENE WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 390 | 61 | D-43288 | LA | Lincoln | ||||||||||
LA-TER0031-083 |
RUBY JEAN WILSON WATSON | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 392 | 33 | D-43552 | LA | Lincoln | ||||||||||
LA-TER0031-084 |
LULA MAE WILSON MCCHRISTER | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 432 | 220 | D-49239 | LA | Lincoln | ||||||||||
LA-TER0031-085 |
HELEN WILSON SMITH | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 392 | 37 | D-43553 | LA | Lincoln | ||||||||||
LA-TER0031-086 |
CATER WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/25/1982 | 401 | 92 | D-44859 | LA | Lincoln | ||||||||||
LA-TER0031-087 |
RUTH PIERCE | UNION TEXAS PETROLEUM CORPORATION | 3/25/1982 | 381 | 240 | D-41942 | LA | Lincoln | ||||||||||
LA-TER0031-088 |
SARAH WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 392 | 25 | D-43550 | LA | Lincoln | ||||||||||
LA-TER0031-089 |
ESPERANZA WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 390 | 65 | D-43289 | LA | Lincoln | ||||||||||
LA-TER0031-090 |
JAMES EDWARD WILSON | UNION TEXAS PETROLEUM CORPORATION | 3/18/1982 | 432 | 212 | D-49237 | LA | Lincoln | ||||||||||
LA-TER0031-091 |
ANNA BELLE WILSON COLEMAN | UNION TEXAS PETROLEUM CORPORATION | 3/22/1982 | 381 | 244 | D-41943 | LA | Lincoln | ||||||||||
LA-TER0031-092 |
ELLIE BRIDGES | UNION TEXAS PETROLEUM CORPORATION | 11/20/1981 | 381 | 216 | D-41936 | LA | Lincoln | ||||||||||
LA-TER0031-093 |
JOHNNIE B WILSON MACK | UNION TEXAS PETROLEUM CORPORATION | 4/20/1982 | 402 | 260 | D-45111 | LA | Lincoln | ||||||||||
LA-TER0031-094 |
CLARA STANDIFER HENDERSON | UNION TEXAS PETROLEUM CORPORATION | 4/19/1982 | 432 | 216 | D-49238 | LA | Lincoln | ||||||||||
LA-TER0031-095 |
NORVIS S MALCOLM | UNION TEXAS PETROLEUM CORPORATION | 10/5/1982 | 416 | 131 | D-46944 | LA | Lincoln | ||||||||||
LA-TER0031-096 |
ALONZO D MALCOLM | UNION TEXAS PETROLEUM CORPORATION | 9/29/1982 | 416 | 123 | D-46942 | LA | Lincoln | ||||||||||
LA-TER0031-097 |
SHELTON MALCOLM | UNION TEXAS PETROLEUM CORPORATION | 10/4/1982 | 416 | 135 | D-46945 | LA | Lincoln | ||||||||||
LA-TER0031-098 |
MARY KENDRIX MALCOLM | UNION TEXAS PETROLEUM CORPORATION | 9/29/1982 | 416 | 127 | D-46943 | LA | Lincoln | ||||||||||
LA-TER0031-099 |
LEROY STANDIFER | UNION TEXAS PETROLEUM CORPORATION | 10/1/1982 | 416 | 143 | D-46947 | LA | Lincoln | ||||||||||
LA-TER0031-100 |
AZZIE DAVISON LEWIS | UNION TEXAS PETROLEUM CORPORATION | 1/27/1983 | 421 | 41 | D-47607 | LA | Lincoln | ||||||||||
LA-TER0031-101 |
IONIA HILL WHITE | UNION TEXAS PETROLEUM CORPORATION | 5/18/1981 | 340 | 1 | D-35826 | LA | Lincoln | ||||||||||
LA-TER0031-102 |
DAVID CHARLES HILL | UNION TEXAS PETROLEUM CORPORATION | 5/25/1981 | 339 | 348 | D-235825 | LA | Lincoln | ||||||||||
231 | 73 | D13447 | ||||||||||||||||
231 | 73 | D13447 | ||||||||||||||||
LA-TER0031-103 |
R L COLEMAN ET UX | FRANK D RIPPY | 5/30/1978 | 231 | 73 | D13447 | LA | Lincoln | ||||||||||
A B ATKINS JR SUCCESSION | ||||||||||||||||||
REPRESENTED BY THE HOMER NATIONAL BANK AS | ||||||||||||||||||
LA-TER0031-104 |
TESTAMENTARY EXECUTOR | FRANK D RIPPY | 7/31/1978 | 237 | 133 | D-15765 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
P E BROWN INDIV & A-I-F FOR | ||||||||||||||||||
WILLIAM DAVID BROWN | ||||||||||||||||||
LA-TER0031-105 |
DULCIE PATRICIA BROWN | UNION TEXAS PETROLEUM CORPORATION | 8/5/1980 | 301 | 109 | D-29357 | LA | Lincoln | ||||||||||
203 | 451 | D-2546 | ||||||||||||||||
LA-TER0031-106 |
GROVER CROWE JR | FRANK D RIPPY | 11/6/1976 | 203 | 451 | D-2546 | LA | Lincoln | ||||||||||
LA-TER0031-107 |
AVIS DYE HAMMONS ET AL | FRANK D RIPPY | 10/27/1976 | 203 | 384 | D-2530 | LA | Lincoln | ||||||||||
LA-TER0031-108 |
EVERLEANER REED DANIELS ET VIR | FRANK D RIPPY | 11/9/1976 | 203 | 397 | D-2533 | LA | Lincoln | ||||||||||
LA-TER0031-109 |
SALLIE LOCKHART LEWIS ET AL | FRANK D RIPPY | 11/11/1976 | 203 | 447 | D-2545 | LA | Lincoln | ||||||||||
LA-TER0031-110 |
J C CROW | FRANK D RIPPY | 11/10/1976 | 203 | 443 | D-2544 | LA | Lincoln | ||||||||||
LA-TER0031-111 |
OLG B GRIMES HAMPTON ET AL | FRANK D RIPPY | 11/16/1976 | 203 | 439 | D-2543 | LA | Lincoln | ||||||||||
LA-TER0031-112 |
R B DANIEL | FRANK D RIPPY | 11/15/1976 | 203 | 435 | D-2542 | LA | Lincoln | ||||||||||
LA-TER0031-113 |
ALMA GOLDSMITH | FRANK D RIPPY | 11/16/1976 | 203 | 431 | D-2541 | LA | Lincoln | ||||||||||
LA-TER0031-114 |
WILLIE DAVIS ET AL | FRANK D RIPPY | 11/12/1976 | 203 | 415 | D-2537 | LA | Lincoln | ||||||||||
251 | 725 | D-21264 | ||||||||||||||||
251 | 725 | D-21264 | ||||||||||||||||
LA-TER0031-115 |
AURELIA CAMP HULSE | FRANK D RIPPY | 2/23/1977 | 251 | 725 | D-21264 | LA | Lincoln | ||||||||||
LA-TER0031-116 |
LUMMYE HUDGENS SEALS | FRANK D RIPPY | 11/4/1976 | 203 | 463 | D-2549 | LA | Lincoln | ||||||||||
203 | 618 | D-2641 | ||||||||||||||||
203 | 618 | D-2641 | ||||||||||||||||
203 | 618 | D-2641 | ||||||||||||||||
LA-TER0031-117 |
MRS ROY WESSON | FRANK D RIPPY | 11/15/1976 | 203 | 618 | D-2641 | LA | Lincoln | ||||||||||
LA-TER0031-118 |
WILLIE ADAMS | UNION TEXAS PETROLEUM CORPORATION | 6/26/1981 | 345 | 310 | D-36787 | LA | Lincoln | ||||||||||
LA-TER0031-119 |
BILLIE ADAMS | UNION TEXAS PETROLEUM CORPORATION | 6/26/1981 | 345 | 314 | D-36788 | LA | Lincoln | ||||||||||
LA-TER0031-120 |
MARY JANE ADAMS ELLIS | UNION TEXAS PETROLEUM CORPORATION | 6/26/1981 | 345 | 318 | D-36789 | LA | Lincoln | ||||||||||
LA-TER0031-121 |
EDWARD JENKINS | UNION TEXAS PETROLEUM CORPORATION | 11/24/1982 | 418 | 246 | D-47169 | LA | Lincoln | ||||||||||
LA-TER0031-122 |
BARBARA JENKINS | UNION TEXAS PETROLEUM CORPORATION | 11/23/1982 | 418 | 250 | D-47170 | LA | Lincoln | ||||||||||
LA-TER0031-123 |
ELIZABETH REYNOLDS WASHINGTON | UNION TEXAS PETROLEUM CORPORATION | 11/22/1982 | 418 | 254 | D-47171 | LA | Lincoln | ||||||||||
LA-TER0031-124 |
GLORIA DELL JENKINS | UNION TEXAS PETROLEUM CORPORATION | 11/24/1982 | 418 | 258 | D-47172 | LA | Lincoln | ||||||||||
LA-TER0031-125 |
ESSIE ADAMS MALCOLM | UNION TEXAS PETROLEUM CORPORATION | 7/16/1981 | 347 | 203 | D-37046 | LA | Lincoln | ||||||||||
LA-TER0031-126 |
MARY ADAMS | UNION TEXAS PETROLEUM CORPORATION | 7/16/1981 | 346 | 136 | D-36842 | LA | Lincoln | ||||||||||
LA-TER0031-127 |
JANET ADAMS CASEY | UNION TEXAS PETROLEUM CORPORATION | 8/14/1981 | 365 | 47 | D-39684 | LA | Lincoln | ||||||||||
LA-TER0031-128 |
OAKLAND B ADAMS | UNION TEXAS PETROLEUM CORPORATION | 8/27/1981 | 352 | 228 | D-37886 | LA | Lincoln | ||||||||||
LA-TER0031-129 |
JACOB PARKER ADAMS JR | UNION TEXAS PETROLEUM CORPORATION | 8/15/1981 | 355 | 305 | D-38355 | LA | Lincoln | ||||||||||
LA-TER0031-130 |
ELAINE ADAMS WILSON | UNION TEXAS PETROLEUM CORPORATION | 9/3/1981 | 355 | 301 | D-38354 | LA | Lincoln | ||||||||||
LA-TER0031-131 |
CARRIE REYNOLDS MCCLAIN ET VIR | UNION TEXAS PETROLEUM CORPORATION | 11/23/1982 | 418 | 242 | D-47168 | LA | Lincoln | ||||||||||
LA-TER0031-132 |
NELLIE LEWIS BROWN ET AL | UNION TEXAS PETROLEUM CORPORATION | 10/1/1981 | 355 | 309 | D-38356 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0031-133 |
SALLIE LOCKHART LEWIS | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 355 | 313 | D-38357 | LA | Lincoln | ||||||||||
LA-TER0031-134 |
ODIS MALCOLM ADAMS | UNION TEXAS PETROLEUM CORPORATION | 9/8/1981 | 355 | 293 | D-38352 | LA | Lincoln | ||||||||||
LA-TER0031-135 |
RUBY LEE LEWIS | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 367 | 294 | D-40028 | LA | Lincoln | ||||||||||
LA-TER0031-136 |
EFFIE LEWIS JOHNSON | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 355 | 317 | D-38358 | LA | Lincoln | ||||||||||
LA-TER0031-137 |
SARAH JEAN LEWIS DAVIS | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 355 | 321 | D-38359 | LA | Lincoln | ||||||||||
LA-TER0031-138 |
MILTON LEWIS | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 363 | 169 | D-39496 | LA | Lincoln | ||||||||||
LA-TER0031-139 |
ALMER LEWIS | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 363 | 173 | D-39497 | LA | Lincoln | ||||||||||
LA-TER0031-140 |
MARY LEWIS KILLINGS ET AL | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 363 | 177 | D-39498 | LA | Lincoln | ||||||||||
LA-TER0031-141 |
ANDREW LEWIS | UNION TEXAS PETROLEUM CORPORATION | 10/8/1981 | 363 | 181 | D-39499 | LA | Lincoln | ||||||||||
LA-TER0031-142 |
CLAUDE LEWIS | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 363 | 185 | D-39500 | LA | Lincoln | ||||||||||
LA-TER0031-143 |
MARVIN LEWIS | UNION TEXAS PETROLEUM CORPORATION | 10/2/1981 | 363 | 189 | D-39501 | LA | Lincoln | ||||||||||
LA-TER0031-144 |
MAMMIE BEATRICE ADAMS REED | UNION TEXAS PETROLEUM CORPORATION | 8/15/1981 | 368 | 304 | D-40212 | LA | Lincoln | ||||||||||
LA-TER0031-145 |
VIRGINIA ADAMS MAY | UNION TEXAS PETROLEUM CORPORATION | 1/19/1982 | 369 | 217 | D-40326 | LA | Lincoln | ||||||||||
LA-TER0031-146 |
GEORGIA B ADAMS LEWIS | UNION TEXAS PETROLEUM CORPORATION | 2/15/1982 | 375 | 252 | D-41126 | LA | Lincoln | ||||||||||
LA-TER0031-147 |
VELONIA ADAMS PALMER | UNION TEXAS PETROLEUM CORPORATION | 2/15/1982 | 375 | 256 | D-41127 | LA | Lincoln | ||||||||||
LA-TER0031-148 |
ORA LEE ADAMS HILDRETH | UNION TEXAS PETROLEUM CORPORATION | 2/15/1982 | 375 | 260 | D-41128 | LA | Lincoln | ||||||||||
LA-TER0031-149 |
EARLINE BEATRICE ADAMS GREER | UNION TEXAS PETROLEUM CORPORATION | 2/15/1982 | 379 | 179 | D-41597 | LA | Lincoln | ||||||||||
LA-TER0031-150 |
MERCIE D JENKINS WEST | UNION TEXAS PETROLEUM CORP | 11/23/1982 | 418 | 238 | D-47167 | LA | Lincoln | ||||||||||
LA-TER0031-151 |
EFFIE JEWEL REYNOLDS BADGER | UNION TEXAS PETROLEUM CORP | 11/22/1982 | 418 | 234 | D-47166 | LA | Lincoln | ||||||||||
LA-TER0031-152 |
BOBBY REYNOLDS | UNION TEXAS PETROLEUM CORP | 11/22/1982 | 428 | 97 | D-48535 | LA | Lincoln | ||||||||||
LA-TER0031-153 |
OLLIE MARIE JENKINS WATTS | UNION TEXAS PETROLEUM CORP | 11/24/1982 | 421 | 53 | D-47610 | LA | Lincoln | ||||||||||
LA-TER0031-154 |
TILLMON JENKINS JR | UNION TEXAS PETROLEUM CORP | 11/23/1982 | 432 | 224 | D-49240 | LA | Lincoln | ||||||||||
LA-TER0031-155 |
VELMA REYNOLDS SPIVEY | UNION TEXAS PETROLEUM CORP | 11/22/1982 | 421 | 45 | D-47608 | LA | Lincoln | ||||||||||
LA-TER0031-156 |
EVA REYNOLDS BLOUNT | UNION TEXAS PETROLEUM CORPORATION | 11/23/1982 | 421 | 37 | D-47606 | LA | Lincoln | ||||||||||
LA-TER0031-157 |
RUBY L MCCLAIN ET VIR | UNION TEXAS PETROLEUM CORPORATION | 3/4/1983 | 479 | 204 | D56489 | LA | Lincoln | ||||||||||
203 | 344 | D-2520 | ||||||||||||||||
LA-TER0031-158 |
JOHN ELTON DUNN | FRANK D RIPPY | 10/8/1976 | 203 | 344 | D-2520 | LA | Lincoln | ||||||||||
LA-TER0031-159 |
LONNIE DUNN | FRANK D RIPPY | 10/25/1976 | 203 | 348 | D-2521 | LA | Lincoln | ||||||||||
LA-TER0031-160 |
JUDGE DUNN | FRANK D RIPPY | 10/26/1976 | 203 | 352 | D-2522 | LA | Lincoln | ||||||||||
LA-TER0031-161 |
ZENOBIA DUNN | FRANK D RIPPY | 10/26/1976 | 203 | 471 | D-2551 | LA | Lincoln | ||||||||||
LA-TER0031-162 |
COLLEEN LEWIS | FRANK D RIPPY | 11/3/1976 | 203 | 467 | D-2550 | LA | Lincoln | ||||||||||
LA-TER0031-163 |
MATTIELEE WALLER | FRANK D RIPPY | 11/9/1976 | 203 | 427 | D-2540 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0031-164 |
SHELTON EARL DUNN | FRANK D RIPPY | 3/18/1977 | 209 | 317 | D-4783 | LA | Lincoln | ||||||||||
LA-TER0031-165 |
NELLIE MARIE KNIGHT | FRANK D RIPPY | 3/24/1977 | 209 | 321 | D-4784 | LA | Lincoln | ||||||||||
LA-TER0031-166 |
NELLIE BURKS DUNN | FRANK D RIPPY | 3/15/1977 | 209 | 313 | D-4782 | LA | Lincoln | ||||||||||
LA-TER0031-167 |
THERON J DUNN | FRANK D RIPPY | 3/17/1977 | 208 | 335 | D-4426 | LA | Lincoln | ||||||||||
262 | 046 | D-23691 | ||||||||||||||||
LA-TER0031-168 |
LOU ALICE REYNOLDS PATTERSON | ALLIED CHEMICAL CORPORATION | 7/31/1979 | 262 | 046 | D-23691 | LA | Lincoln | ||||||||||
274 | 105 | D-25382 | ||||||||||||||||
LA-TER0031-169 |
MARY LEE ARRINGTON MOTT | UNION TEXAS PETROLEUM CORPORATION | 1/15/1980 | 274 | 105 | D-25382 | LA | Lincoln | ||||||||||
LA-TER0031-170 |
BENFADINE ROBERSON CRIBBS | UNION TEXAS PETROLEUM CORPORATION | 1/22/1981 | 329 | 17 | D33945 | LA | Lincoln | ||||||||||
LA-TER0031-171 |
JAMES ROBERSON | UNION TEXAS PETROLEUM CORPORATION | 1/22/1981 | 329 | 9 | D-33943 | LA | Lincoln | ||||||||||
LA-TER0031-172 |
CORA B ROBERSON HOLMES | UNION TEXAS PETROLEUM CORPORATION | 1/22/1981 | 329 | 13 | D-33944 | LA | Lincoln | ||||||||||
LA-TER0031-173 |
JOHN HARRIELL FOGLE | UNION TEXAS PETROLEUM CORPORATION | 1/22/1981 | 329 | 1 | D-33941 | LA | Lincoln | ||||||||||
LA-TER0031-174 |
WILBERT DOUGLAS FOGLE ET AL | UNION TEXAS PETROLEUM CORPORATION | 1/22/1981 | 328 | 340 | D-33938 | LA | Lincoln | ||||||||||
LA-TER0031-175 |
O D ROBERSON | UNION TEXAS PETROLEUM CORPORATION | 1/22/1981 | 238 | 344 | D-33939 | LA | Lincoln | ||||||||||
LA-TER0031-176 |
CLARESTA ROBERSON SHIELDS | UNION TEXAS PETROLEUM CORPORATION | 2/11/1981 | 333 | 37 | D-34594 | LA | Lincoln | ||||||||||
LA-TER0031-177 |
NATHANIEL ROBERSON | UNION TEXAS PETROLEUM CORPORATION | 4/15/1981 | 330 | 106 | D-34126 | LA | Lincoln | ||||||||||
LA-TER0031-178 |
LARRY ROBERSON | UNION TEXAS PETROLEUM CORPORATION | 2/10/1981 | 333 | 34 | D-34593 | LA | Lincoln | ||||||||||
MARY AMELIA WHITED TRUST | ||||||||||||||||||
LA-TER0031-179 |
FIRST NATIONAL BANK OF SHREVEPORT TRUSTEE | FRANK D RIPPY | 12/20/1976 | 203 | 839 | D-2724 | LA | Lincoln | ||||||||||
258 | 147 | D-23142 | ||||||||||||||||
LA-TER0031-180 |
CHARLIE REYNOLDS | ALLIED CHEMICAL CORPORATION | 7/31/1979 | 258 | 147 | D-23142 | LA | Lincoln | ||||||||||
LA-TER0031-181 |
GERTRUDE DANIEL CRAWFORD | JAMES R HOOD | 3/27/1978 | 228 | 168 | D-12460 | LA | Lincoln | ||||||||||
LA-TER0031-182 |
SHELBY HILL | FRANK D RIPPY | 10/23/1976 | 203 | 459 | D-2548 | LA | Lincoln | ||||||||||
LA-TER0031-183 |
MARK GLAZER | FRANK D RIPPY | 10/29/1976 | 203 | 376 | D-2528 | LA | Lincoln | ||||||||||
LA-TER0031-184 |
MEYER WELDMAN | FRANK D RIPPY | 10/22/1976 | 203 | 606 | D-2638 | LA | Lincoln | ||||||||||
LA-TER0031-185 |
MARY BELL COLQUITT | FRANK D RIPPY | 11/17/1976 | 203 | 835 | D-2723 | LA | Lincoln | ||||||||||
LA-TER0031-186 |
GERTRUDE THOMPSON HILL | FRANK D RIPPY | 11/17/1976 | 203 | 455 | D-2547 | LA | Lincoln | ||||||||||
LA-TER0031-187 |
HENRY FLORSHEIM JR | FRANK D RIPPY | 10/22/1976 | 204 | 168 | D-2829 | LA | Lincoln | ||||||||||
LA-TER0031-188 |
WILLIAM P TALBERT ET AL | UNION TEXAS PETROLEUM | 6/5/1980 | 293 | 120 | D-28202 | LA | Lincoln | ||||||||||
LA-TER0031-189 |
JOHN WILKS | UNION TEXAS PETROLEUM | 6/4/1980 | 298 | 26 | D-28916 | LA | Lincoln | ||||||||||
LA-TER0031-190 |
JESSIE LEE TALBERT | UNION TEXAS PETROLEUM | 6/5/1980 | 299 | 347 | D-29222 | LA | Lincoln | ||||||||||
71 | 533 | N-131276 | ||||||||||||||||
71 | 533 | N-131276 | ||||||||||||||||
LA-TER0031-191 |
ROBERT ULMER JR | SOUTHWEST GAS PRODUCING CO INC | 5/2/1955 | 71 | 533 | N-131276 | LA | Lincoln | ||||||||||
73 | 303 | N-135963 | ||||||||||||||||
73 | 303 | N-135963 | ||||||||||||||||
LA-TER0031-192 |
R L COLEMAN ET AL | SOUTHWEST GAS PRODUCING CO INC ET AL | 3/27/1956 | 73 | 303 | N-135963 | LA | Lincoln | ||||||||||
66 | 35 | N-120117 | ||||||||||||||||
LA-TER0031-193 |
ALMAR LEWIS ET AL | J HOWARD HOOPER | 4/24/1953 | 66 | 35 | N-120117 | LA | Lincoln | ||||||||||
69 | 589 | N-126976 | ||||||||||||||||
LA-TER0031-194 |
THERESA MAYFIELD GRAY ET AL | SOUTHWEST GAS PRODUCING CO INC ET AL | 5/12/1954 | 69 | 589 | N-126976 | LA | Lincoln | ||||||||||
70 | 141 | N-126517 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0031-195 |
WILLIE MAE MAYFIELD WARREN | SOUTHWEST GAS PRODUCING CO INC ET AL | 5/27/1954 | 70 | 141 | N-126517 | LA | Lincoln | ||||||||||
65 | 151 | N-118951 | ||||||||||||||||
LA-TER0031-196 |
LUTHER CILLIS COLQUITT ET AL | A R WHERRITT | 1/29/1953 | 65 | 151 | N-118951 | LA | Lincoln | ||||||||||
70 | 89 | N-126367 | ||||||||||||||||
LA-TER0031-197 |
MACK MAYFIELD | SOUTHWEST GAS PRODUCING CO INC ET AL | 5/27/1954 | 70 | 89 | N-126367 | LA | Lincoln | ||||||||||
70 | 155 | N-126595 | ||||||||||||||||
LA-TER0031-198 |
RUTLEDGE MAYFIELD | SOUTHWEST GAS PRODUCING CO INC ET AL | 5/27/1954 | 70 | 155 | N-126595 | LA | Lincoln | ||||||||||
LA-TER0031-199 |
CHARLIE S DYE | FRANK D RIPPY | 10/25/1976 | 203 | 380 | D-2529 | LA | Lincoln | ||||||||||
LA-TER0031-200 |
ADA LOCKHART CROWE | FRANK D RIPPY | 10/27/1976 | 203 | 388 | D-2531 | LA | Lincoln | ||||||||||
MARY STANDIFER HILL PAGE | ||||||||||||||||||
LA-TER0031-201 |
NATURAL TUTRIX OF RAVA D HILL | UNION TEXAS PETROLEUM CORPORATION | 3/31/1981 | 333 | 41 | D34595 | LA | Lincoln | ||||||||||
LA-TER0032-000 |
NORMAN LAMAR DOWLING ET AL | C C BARHAM | 1/28/1953 | 64 | 527 | N-118459 | LA | Lincoln | ||||||||||
LA-TER0033-000 |
JOHN L HOOD | J HOWARD HOOPER | 3/8/1954 | 69 | 589 | N-124956 | LA | Lincoln | ||||||||||
LA-TER0034-000 |
DOROTHY MAE DOWLING | C C BARHAM | 1/28/1953 | 64 | 391 | N-118283 | LA | Lincoln | ||||||||||
DOROTHY MAE DOWLING | ||||||||||||||||||
LA-TER0035-000 |
REPRESENTED BY WILLIE DOWLING NATURAL TUTRIX | H W KLEIN | 4/19/1949 | 50 | 161 | N-88072 | LA | Lincoln | ||||||||||
LA-TER0036-000 |
J L HOOD | H W KLEIN | 4/8/1949 | 50 | 93 | N-87791 | LA | Lincoln | ||||||||||
LA-TER0038-000 |
NORMAN LAMAR DOWLING ET AL | BYRON H SCHAFF | 2/12/1949 | 49 | 447 | N-87102 | LA | Lincoln | ||||||||||
LA-TER0039-000 |
SIDNEY F HOOD | BYRON H SCHAFF | 2/12/1949 | 49 | 399 | N-87067 | LA | Lincoln | ||||||||||
LA-TER0040-000 |
L R SKINNER | BYRON H SCHAFF | 2/21/1949 | N-87098 | LA | Lincoln | ||||||||||||
LA-TER0041-000 |
MILDRED MEDRICK HOOD CANTERBURY ET VIR | KCS RESOURCES INC | 10/24/2002 | 1150 | 824 | 50385 | LA | Lincoln | ||||||||||
LA-TER0042-000 |
ALBERT FREDERICK HOOD ET UX | KCS RESOURCES INC | 10/23/2002 | 1150 | 827 | 50386 | LA | Lincoln | ||||||||||
LA-TER0043-001 |
DAVID S SKINNER ET UX | KCS RESOURCES INC | 10/28/2002 | 1150 | 833 | 50388 | LA | Lincoln | ||||||||||
LA-TER0043-002 |
JAMES C SKINNER ET UX | KCS RESOURCES INC | 10/24/2002 | 1150 | 830 | 50387 | LA | Lincoln | ||||||||||
LA-TER0043-003 |
LEE ROY SKINNER JR ET UX | KCS RESOURCES INC | 10/28/2002 | 1150 | 836 | 50389 | LA | Lincoln | ||||||||||
LA-TER0044-000 |
MILTON LAVELLE HOOD ET AL | KCS RESOURCES INC | 11/20/2003 | 1154 | 797 | 52903 | LA | Lincoln | ||||||||||
LA-TER0045-000 |
NORMAN L DOWLING ET UX | KCS RESOURCES INC | 7/19/2005 | 1181 | 835 | F68152 | LA | Lincoln | ||||||||||
LA-TER0047-001 |
ANTHONY WAYNE CROCKETT | KCS RESOURCES INC | 1/9/2007 | 1216 | 153 | F82449 | LA | Lincoln | ||||||||||
LA-TER0047-002 |
ANDREW LEWIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 750 | F82728 | LA | Lincoln | ||||||||||
LA-TER0047-003 |
CLAUDE LEWIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 752 | F82729 | LA | Lincoln | ||||||||||
LA-TER0047-004 |
EFFIE LEWIS JOHNSON | KCS RESOURCES INC | 8/22/2006 | 1216 | 754 | F82730 | LA | Lincoln | ||||||||||
LA-TER0047-005 |
JOHN H LEWIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 758 | F82732 | LA | Lincoln | ||||||||||
LA-TER0047-006 |
LACY B LEWIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 760 | F82733 | LA | Lincoln | ||||||||||
LA-TER0047-007 |
MARVIN LEWIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 762 | F82734 | LA | Lincoln | ||||||||||
LA-TER0047-008 |
MARY LEWIS KILLINGS | KCS RESOURCES INC | 8/22/2006 | 1216 | 764 | F82735 | LA | Lincoln | ||||||||||
LA-TER0047-009 |
MILTON LEWIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 766 | F82736 | LA | Lincoln | ||||||||||
NELLIE LEWIS BROWN | ||||||||||||||||||
LA-TER0047-010 |
REPRESENTED BY BETTYE JONES AGENT & A-I-F | KCS RESOURCES INC | 8/22/2006 | 1216 | 768 | F82737 | LA | Lincoln | ||||||||||
LA-TER0047-011 |
RONALD D LEWIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 770 | F82738 | LA | Lincoln | ||||||||||
LA-TER0047-012 |
RUBY LEE LEWIS AUSTIN | KCS RESOURCES INC | 8/22/2006 | 1216 | 772 | F82739 | LA | Lincoln | ||||||||||
LA-TER0047-013 |
SARAH JEAN LEWIS DAVIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 774 | F82740 | LA | Lincoln | ||||||||||
LA-TER0047-014 |
GLADYS LEWIS | KCS RESOURCES INC | 8/22/2006 | 1216 | 756 | F82731 | LA | Lincoln | ||||||||||
LA-TER0048-001 |
ELVA MARIE CARTER TERRELL ET AL | KCS RESOURCES INC | 7/18/2006 | 1216 | 170 | F82455 | LA | Lincoln | ||||||||||
LA-TER0048-002 |
DON C BURNS ET UX | KCS RESOURCES INC | 7/19/2006 | 1216 | 173 | F82456 | LA | Lincoln | ||||||||||
LA-TER0049-001 |
MARTHA REED WOJECKI | ROBERT E MCKELLAR | 11/11/2003 | 1153 | 477 | 52147 | LA | Lincoln | ||||||||||
LA-TER0049-002 |
COURTNEY REED JR ET UX | ROBERT E MCKELLAR | 11/11/2003 | 1153 | 342 | 52055 | LA | Lincoln | ||||||||||
203 | 299 | D-2509 | ||||||||||||||||
LA-TER0049-003 |
ZORA PASCHAL ZACHRY ET AL | FRANK D RIPPY | 9/23/1976 | 203 | 299 | D-2509 | LA | Lincoln | ||||||||||
203 | 303 | D-2510 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0049-004 |
RICHARD JEFF ZACHRY ET AL | FRANK D RIPPY | 9/24/1976 | 203 | 303 | D-2510 | LA | Lincoln | ||||||||||
LA-TER0049-005 |
COURTNEY A REED JR ET AL | SCHOEFFLER ENERGY LLC | 5/13/2013 | 1331 | 656 | F133981 | LA | Lincoln | ||||||||||
LA-TER0049-006 |
MARGARET LOUISE WILLIAMS ZACHRY ET AL | SCHOEFFLER ENERGY LLC | 8/30/2013 | LA | Lincoln | |||||||||||||
LA-TER0050-000 |
DONNA SIMPSON MOORE | KCS RESOURCES INC | 2/17/2004 | 1159 | 170 | 55340 | LA | Lincoln | ||||||||||
LA-TER0051-000 |
JOHN M HOOD | KCS RESOURCES INC | 11/20/2003 | 1154 | 651 | 52809 | LA | Lincoln | ||||||||||
LA-TER0052-000 |
MILTON LAVELLE HOOD | KCS RESOURCES INC | 11/20/2003 | 1154 | 809 | 52905 | LA | Lincoln | ||||||||||
LA-TER0053-001 |
GEORGE RANDALL PYLES ET UX | KCS RESOURCES INC | 3/1/2004 | 1158 | 3 | 54679 | LA | Lincoln | ||||||||||
LA-TER0053-002 |
BILLY BRUCE DOUGLAS JR ET UX | KCS RESOURCES INC | 3/1/2004 | 1160 | 604 | 56498 | LA | Lincoln | ||||||||||
LA-TER0054-001 |
WENDY SINGLETON REEVES | KCS RESOURCES INC | 2/17/2004 | 1158 | 23 | 54686 | LA | Lincoln | ||||||||||
LA-TER0054-002 |
MARLETTE SINGLETON RYAN | KCS RESOURCES INC | 2/17/2004 | 1158 | 640 | 55065 | LA | Lincoln | ||||||||||
LA-TER0055-000 |
GERALD CLAYTON SINGLETON ET UX | KCS RESOURCES INC | 12/3/2003 | 1155 | 215 | 53091 | LA | Lincoln | ||||||||||
LA-TER0056-000 |
EVA COX SINGLETON HAMMONS | KCS RESOURCES INC | 12/2/2003 | 1155 | 668 | 53321 | LA | Lincoln | ||||||||||
LA-TER0057-000 |
EVA DALE HENRY ET AL | KCS RESOURCES INC | 11/11/2003 | 1155 | 665 | 53320 | LA | Lincoln | ||||||||||
LA-TER0058-001 |
TRAVIS DEAN HOOD ET UX | KCS RESOURCES INC | 11/18/2003 | 1157 | 29 | 54071 | LA | Lincoln | ||||||||||
LA-TER0058-002 |
ANDY L TURLINGTON ET UX | KCS RESOURCES INC | 11/21/2003 | 1157 | 26 | 54070 | LA | Lincoln | ||||||||||
LA-TER0059-000 |
BOBBY G MCCULLIN ET AL | KCS RESOURCES INC | 1/5/2004 | 1157 | 20 | 54068 | LA | Lincoln | ||||||||||
LA-TER0060-000 |
JAMES EDWARD LEWELLYAN | KCS RESOURCES INC | 11/13/2003 | 1157 | 23 | 54069 | LA | Lincoln | ||||||||||
LA-TER0061-000 |
ALBERT FREDERICK HOOD ET UX | KCS RESOURCES INC | 11/18/2003 | 1157 | 32 | 54072 | LA | Lincoln | ||||||||||
LA-TER0062-000 |
MILDRED MEDRICK HOOD CANTERBURY ET VIR | KCS RESOURCES INC | 11/18/2003 | 1157 | 35 | 54073 | LA | Lincoln | ||||||||||
LA-TER0063-000 |
WEYERHAEUSER COMPANY | KCS RESOURCES INC | 10/27/2004 | 1167 | 722 | 60700 | LA | Lincoln | ||||||||||
LA-TER0064-000 |
EUGENIA WEIR | KCS RESOURCES INC | 4/11/2005 | 1180 | 613 | F67458 | LA | Lincoln | ||||||||||
LA-TER0065-000 |
GEORGE RANDALL PYLES ET UX | KCS RESOURCES INC | 1/26/2006 | 1190 | 175 | F71782 | LA | Lincoln | ||||||||||
LA-TER0066-000 |
MARVIN EDGAR DAVIDSON ET UX | ROBERT E MCKELLAR | 11/11/2003 | 1152 | 604 | 51660 | LA | Lincoln | ||||||||||
LA-TER0067-000 |
SHELBY GENE COOPER | ROBERT E MCKELLAR | 11/11/2003 | 1152 | 608 | 51661 | LA | Lincoln | ||||||||||
LA-TER0068-000 |
WILLARD DON WALLACE ET AL | KCS RESOURCES INC | 11/7/2003 | 1156 | 438 | 53726 | LA | Lincoln | ||||||||||
LA-TER0069-000 |
MARY PILGREEN WILSON | KCS RESOURCES INC | 11/19/2003 | 1154 | 640 | 52805 | LA | Lincoln | ||||||||||
1156 | 77 | 053462 | ||||||||||||||||
LA-TER0070-001 |
MARY ELIZABETH HARRISON TRANT ET AL | KCS RESOURCES INC | 11/17/2003 | 1156 | 77 | 053462 | LA | Lincoln | ||||||||||
1155 | 241 | 053100 | ||||||||||||||||
LA-TER0070-002 |
KATHLEEN HARRISON HARPER | KCS RESOURCES INC | 11/17/2003 | 1155 | 241 | 053100 | LA | Lincoln | ||||||||||
1156 | 232 | 053602 | ||||||||||||||||
LA-TER0070-003 |
WALLACE S HARRISON ET AL | KCS RESOURCES INC | 11/15/2003 | 1156 | 232 | 053602 | LA | Lincoln | ||||||||||
LA-TER0070-004 |
MARSHALL C HEDGEPETH ET AL | KCS RESOURCES INC | 12/30/2003 | 1156 | 251 | 53618 | LA | Lincoln | ||||||||||
LA-TER0070-005 |
JOHN CARROLL GIPSON | KCS RESOURCES INC | 12/17/2003 | 1155 | 671 | 53322 | LA | Lincoln | ||||||||||
LA-TER0070-006 |
ELIZABETH GIPSON THOMAS | KCS RESOURCES INC | 12/17/2003 | 1155 | 649 | 53315 | LA | Lincoln | ||||||||||
LA-TER0070-007 |
WILLIAM DAVID HEDGEPETH | KCS RESOURCES INC | 12/15/2003 | 1156 | 279 | 53630 | LA | Lincoln | ||||||||||
LA-TER0070-008 |
INEZ HEDGEPETH BURGE | KCS RESOURCES INC | 1/15/2004 | 1157 | 4 | 54064 | LA | Lincoln | ||||||||||
LA-TER0070-009 |
JAMES PATRICK DUGGAN | KCS RESOURCES INC | 1/20/2004 | 1158 | 21 | 54685 | LA | Lincoln | ||||||||||
LA-TER0070-010 |
RHONDA CRENSHAW LITTLE | KCS RESOURCES INC | 1/20/2004 | 1158 | 630 | 55061 | LA | Lincoln | ||||||||||
MARGUERITE HENRY GARRETT | ||||||||||||||||||
LA-TER0070-011 |
WALLACE S HARRISON AGENT & A-I-F | KCS RESOURCES INC | 5/7/2004 | 1160 | 607 | 56499 | LA | Lincoln | ||||||||||
LA-TER0070-012 |
C L MCCRARY JR | KCS RESOURCES INC | 5/7/2004 | 1160 | 610 | 56500 | LA | Lincoln | ||||||||||
LA-TER0070-013 |
FRANCES V HARRISON | KCS RESOURCES INC | 5/7/2004 | 1161 | 251 | 56815 | LA | Lincoln | ||||||||||
LA-TER0070-014 |
JOHANNA HULLS HUGGANS | KCS RESOURCES INC | 12/19/2003 | 1160 | 149 | 56088 | LA | Lincoln | ||||||||||
LA-TER0070-015 |
PHILLIP MCCRARY | KCS RESOURCES INC | 7/7/2004 | 1163 | 729 | 58300 | LA | Lincoln | ||||||||||
LA-TER0070-016 |
VIRGINIA ANN DUGGAN MOSHER | KCS RESOURCES INC | 7/6/2004 | 1163 | 727 | 58299 | LA | Lincoln | ||||||||||
LA-TER0070-017 |
PATRICIA HARPER | KCS RESOURCES INC | 7/8/2004 | 1163 | 725 | 58298 | LA | Lincoln | ||||||||||
LA-TER0070-018 |
KAY C DUGGAN | KCS RESOURCES INC | 7/7/2004 | 1163 | 731 | 58301 | LA | Lincoln | ||||||||||
KAY HOWARD ANDERSON INDIVIDUALLY AND | ||||||||||||||||||
LA-TER0070-019 |
AS AGENT AND A-I-F FOR JAMES C HOWARD | KCS RESOURCES INC | 7/6/2004 | 1163 | 723 | 58297 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0070-020 |
ALICE HULLS ANDREYK | KCS RESOURCES INC | 7/8/2004 | 1165 | 182 | 59176 | LA | Lincoln | ||||||||||
LA-TER0070-021 |
ELEANOR MCCRARY BELLER | KCS RESOURCES INC | 11/23/2004 | 1173 | 241 | 63590 | LA | Lincoln | ||||||||||
LA-TER0070-022 |
SONDRA MCCRARY CLARK | KCS RESOURCES INC | 5/12/2005 | 1180 | 610 | F67456 | LA | Lincoln | ||||||||||
LA-TER0070-023 |
GLENDA T EADES | KCS RESOURCES INC | 5/12/2005 | 1180 | 611 | F67457 | LA | Lincoln | ||||||||||
LA-TER0070-024 |
LOUISIANA METHODIST CHILDRENS HOME OF RUSTON | KCS RESOURCES INC | 4/18/2007 | 1225 | 390 | F86214 | LA | Lincoln | ||||||||||
LA-TER0070-025 |
BILLYE MARGARET SNIDER HUFF | KCS RESOURCES INC | 4/18/2007 | 1225 | 374 | F86206 | LA | Lincoln | ||||||||||
LA-TER0070-026 |
JOHN STEVEN DELONY | KCS RESOURCES INC | 4/18/2007 | 1225 | 392 | F86215 | LA | Lincoln | ||||||||||
LA-TER0070-027 |
GEORGE PATRICK DELONY | KCS RESOURCES INC | 4/18/2007 | 1225 | 376 | F86207 | LA | Lincoln | ||||||||||
LA-TER0070-028 |
JERRY GENE MCCRARY | KCS RESOURCES INC | 3/9/2007 | 1225 | 378 | F86208 | LA | Lincoln | ||||||||||
LA-TER0070-029 |
JAMES ARNOLD DELONEY | KCS RESOURCES INC | 4/18/2007 | 1225 | 386 | F86212 | LA | Lincoln | ||||||||||
LA-TER0070-030 |
PEGGY DELONY | KCS RESOURCES INC | 4/18/2007 | 1225 | 380 | F86209 | LA | Lincoln | ||||||||||
LA-TER0070-031 |
JO ANNE DELONY RAINEY | KCS RESOURCES INC | 4/18/2007 | 1225 | 382 | F86210 | LA | Lincoln | ||||||||||
LA-TER0070-032 |
JUDITH LORRAINE DELONY WASSON | KCS RESOURCES, INC | 4/18/2007 | 1225 | 384 | F86211 | LA | Lincoln | ||||||||||
LA-TER0070-033 |
RONNIE LEE MCCULLIN | KCS RESOURCES INC | 4/18/2007 | 1225 | 388 | F86213 | LA | Lincoln | ||||||||||
LA-TER0071-000 |
WALLACE S HARRISON ET AL | KCS RESOURCES INC | 11/15/2003 | 1156 | 239 | 53607 | LA | Lincoln | ||||||||||
WALLACE HARRISON INDIV AND AS AGENT AND A-I-F | ||||||||||||||||||
LA-TER0072-001 |
FOR MARGUERITE HENRY GARRETT ET AL | KCS RESOURCES INC | 11/17/2003 | 1155 | 658 | 53318 | LA | Lincoln | ||||||||||
LA-TER0072-002 |
KATHLEEN HARRISON HARPER | KCS RESOURCES INC | 11/17/2003 | 1156 | 270 | 53627 | LA | Lincoln | ||||||||||
LA-TER0072-003 |
MARY ELIZABETH HARRISON TRANT ET AL | KCS RESOURCES INC | 11/17/2003 | 1156 | 80 | 53463 | LA | Lincoln | ||||||||||
LA-TER0073-001 |
WAITE FAMILY LTD PARTNERSHIP | KCS RESOURCES INC | 11/20/2003 | 1155 | 235 | 53098 | LA | Lincoln | ||||||||||
LA-TER0073-002 |
BETTY DURRETT JINKS | KCS RESOURCES INC | 11/18/2003 | 1155 | 238 | 53099 | LA | Lincoln | ||||||||||
B H DURRETT HOLDINGS LP REPRESENTED BY NANCY | ||||||||||||||||||
LA-TER0073-003 |
DURRETT DRIVER | KCS RESOURCES INC | 11/24/2003 | 1155 | 226 | 53095 | LA | Lincoln | ||||||||||
B H DURRETT HOLDINGS LP REPRESENTED BY | ||||||||||||||||||
LA-TER0073-004 |
CHARLOTTE ANN DURRETT | KCS RESOURCES INC | 11/24/2003 | 1155 | 229 | 53096 | LA | Lincoln | ||||||||||
B H DURRETT HOLDINGS LP REPRESENTED BY DAISY | ||||||||||||||||||
LA-TER0073-005 |
DURRETT BATMAN | KCS RESOURCES INC | 11/24/2003 | 1155 | 232 | 53097 | LA | Lincoln | ||||||||||
LA-TER0073-006 |
MARGARET DURRETT SMITH | KCS RESOURCES INC | 11/24/2003 | 1155 | 244 | 53101 | LA | Lincoln | ||||||||||
LA-TER0074-000 |
RUSSELL A WOODARD ET UX | KCS RESOURCES INC | 12/3/2003 | 1155 | 651 | 53316 | LA | Lincoln | ||||||||||
LA-TER0075-000 |
NELDA LOU PILGREEN | KCS RESOURCES INC | 11/19/2003 | 1155 | 655 | 53317 | LA | Lincoln | ||||||||||
LA-TER0076-001 |
HELEN KNOTTS EVANS SHRELL | KCS RESOURCES INC | 12/30/2003 | 1156 | 273 | 53628 | LA | Lincoln | ||||||||||
LA-TER0076-002 |
RUTH KNOTTS DUSAN | KCS RESOURCES INC | 12/31/2003 | 1156 | 267 | 53626 | LA | Lincoln | ||||||||||
LA-TER0076-003 |
HAROLD MELBERN KNOTTS | KCS RESOURCES INC | 12/30/2003 | 1156 | 276 | 53629 | LA | Lincoln | ||||||||||
LA-TER0077-000 |
EVA DALE HENRY ET AL | KCS RESOURCES INC | 2/21/2004 | 1158 | 634 | 55063 | LA | Lincoln | ||||||||||
LA-TER0078-000 |
CYNTHIA ANN HENRY MAGEE ET AL | KCS RESOURCES INC | 2/21/2004 | 1158 | 632 | 55062 | LA | Lincoln | ||||||||||
LA-TER0079-000 |
FRANCES V HARRISON | KCS RESOURCES INC | 11/9/2003 | 1154 | 649 | F52808 | LA | Lincoln | ||||||||||
LA-TER0080-000 |
SAMMIE WOODROW COLVIN ET AL | KCS RESOURCES INC | 11/20/2003 | 1154 | 643 | 52806 | LA | Lincoln | ||||||||||
LA-TER0080-T00 |
KATHERINE ELAINE COLVIN BARRETT | KCS RESOURCES INC | 6/12/2006 | 1209 | 28 | F79806 | LA | Lincoln | ||||||||||
LA-TER0081-001 |
EDWARD HOPKINS LEATHERMAN | KCS RESOURCES INC | 11/16/2003 | 1154 | 646 | 52807 | LA | Lincoln | ||||||||||
LA-TER0081-002 |
MERRILEE STREUN LEATHERMAN CARTER | KCS RESOURCES INC | 11/8/2003 | 1154 | 656 | 52810 | LA | Lincoln | ||||||||||
LA-TER0081-003 |
KENT ANDERSON ET UX | COHORT ENERGY COMPANY | 2/9/2004 | 1162 | 144 | 57457 | LA | Lincoln | ||||||||||
LA-TER0082-000 |
MILTON LAVELLE HOOD ET AL | KCS RESOURCES INC | 11/20/2003 | 1154 | 791 | 52902 | LA | Lincoln | ||||||||||
LA-TER0083-001 |
KATHLEEN HARRISON HARPER ET AL | KCS RESOURCES INC | 11/9/2003 | 1156 | 266 | 53625 | LA | Lincoln | ||||||||||
LA-TER0083-002 |
PATRICIA HARRISON AUDIRSCH | KCS RESOURCES INC | 11/11/2003 | 1155 | 224 | 53094 | LA | Lincoln | ||||||||||
LA-TER0084-000 |
WALLACE S HARRISON ET AL | KCS RESOURCES INC | 11/11/2003 | 1156 | 259 | 53621 | LA | Lincoln | ||||||||||
LA-TER0085-000 |
VIVIAN S MAGEE ET AL | KCS RESOURCES INC | 12/3/2003 | 1156 | 253 | 53619 | LA | Lincoln | ||||||||||
LA-TER0086-000 |
FREDDIE DON MULLINS | KCS RESOURCES INC | 11/7/2003 | 1156 | 441 | 53727 | LA | Lincoln | ||||||||||
LA-TER0087-000 |
YVONNE H MCKINNEY | COHORT ENERGY COMPANY | 9/10/2003 | 1155 | 4 | 52938 | LA | Lincoln | ||||||||||
LA-TER0088-000 |
MARTHA HAMMON YOUNG ET VIR | COHORT ENERGY COMPANY | 9/12/2003 | 1155 | 26 | 52945 | LA | Lincoln | ||||||||||
LA-TER0089-000 |
MAVIS HAMMON SPAIN | COHORT ENERGY COMPANY | 8/27/2003 | 1154 | 14 | 52941 | LA | Lincoln | ||||||||||
1155 | 41 | 052950 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0090-001 |
PAMELA GAYE GANEY | COHORT ENERGY COMPANY | 9/29/2003 | LA | Lincoln | |||||||||||||
LA-TER0090-002 |
LEE ROY SANFORD ET UX | COHORT ENERGY COMPANY | 9/29/2003 | 1155 | 32 | 52947 | LA | Lincoln | ||||||||||
1155 | 38 | 052949 | ||||||||||||||||
LA-TER0090-003 |
LISA CARROLL LETTERMAN | COHORT ENERGY COMPANY | 9/29/2003 | 1155 | 38 | 052949 | LA | Lincoln | ||||||||||
1155 | 44 | 052951 | ||||||||||||||||
LA-TER0090-004 |
MICHAEL GENE SANFORD | COHORT ENERGY COMPANY | 9/29/2003 | 1155 | 44 | 052951 | LA | Lincoln | ||||||||||
LA-TER0091-001 |
DAVID COLVIN HAMMON ET AL | COHORT ENERGY COMPANY | 9/17/2003 | 1155 | 17 | 52942 | LA | Lincoln | ||||||||||
LA-TER0091-002 |
KATHERINE H TAYLOR ET AL | COHORT ENERGY COMPANY | 9/17/2003 | 1155 | 20 | 52943 | LA | Lincoln | ||||||||||
LA-TER0091-003 |
CHERE CLARE PICKETT | COHORT ENERGY COMPANY | 10/14/2003 | 1155 | 23 | 52944 | LA | Lincoln | ||||||||||
LA-TER0092-000 |
JAMES DANIEL HAMMON ET AL | COHORT ENERGY COMPANY | 9/18/2003 | 1155 | 7 | 52939 | LA | Lincoln | ||||||||||
LA-TER0093-000 |
CARMA S COOK | COHORT ENERGY COMPANY | 9/10/2003 | 1155 | 11 | 52940 | LA | Lincoln | ||||||||||
LA-TER0094-000 |
JULIA BETH HAMMON HAY ET VIR | COHORT ENERGY COMPANY | 9/12/2003 | 1155 | 29 | 52946 | LA | Lincoln | ||||||||||
LA-TER0095-000 |
BEVERLY MCCULLEN EARNEST ET VIR | ROBERT E MCKELLAR | 9/25/2003 | 1151 | 246 | 50667 | LA | Lincoln | ||||||||||
LA-TER0096-000 |
WILBUR HUGH HAMMONS SR | KCS RESOURCES INC | 11/15/2005 | 1187 | 106 | F70269 | LA | Lincoln | ||||||||||
LA-TER0097-000 |
VIRGIE SINGLETON WALLACE | KCS RESOURCES INC | 9/13/2005 | 1183 | 138 | F68682 | LA | Lincoln | ||||||||||
LA-TER0098-001 |
HELEN THROWER | KCS RESOURCES INC | 9/24/2003 | 1152 | 822 | 51763 | LA | Lincoln | ||||||||||
1170 | 385 | 062070 | ||||||||||||||||
LA-TER0098-002 |
HESSIE GOLDSMITH LYONS ET AL | KCS RESOURCES INC | 11/5/2004 | 1170 | 385 | 062070 | LA | Lincoln | ||||||||||
1173 | 238 | 063589 | ||||||||||||||||
LA-TER0098-003 |
EDWARD HALL | KCS RESOURCES INC | 1/17/2005 | 1173 | 238 | 063589 | LA | Lincoln | ||||||||||
1175 | 128 | F64629 | ||||||||||||||||
LA-TER0098-004 |
ARDESSA HALL LEWIS | KCS RESOURCES INC | 1/17/2005 | 1175 | 128 | F64629 | LA | Lincoln | ||||||||||
1180 | 187 | F67134 | ||||||||||||||||
LA-TER0098-005 |
S & E FABRICATIONS LLC | KCS RESOURCES INC | 4/20/2005 | 1180 | 187 | F67134 | LA | Lincoln | ||||||||||
LA-TER0098-006 |
JESSIE MAE STANDIFER HARRIS | KCS RESOURCES INC | 1/17/2005 | 1175 | 120 | F64626 | LA | Lincoln | ||||||||||
LA-TER0098-007 |
LETTIE MAE STANDIFER HARRIS | KCS RESOURCES INC | 1/17/2005 | 1175 | 106 | F64622 | LA | Lincoln | ||||||||||
LA-TER0098-008 |
ASHLEY TAD HILLIN | KCS RESOURCES INC | 3/1/2005 | 1175 | 89 | F64616 | LA | Lincoln | ||||||||||
LA-TER0098-009 |
DESERT PARTNERS III LP | KCS RESOURCES INC | 3/1/2005 | 1175 | 116 | F64625 | LA | Lincoln | ||||||||||
LA-TER0098-010 |
MYRTIS LEE HALL | KCS RESOURCES INC | 1/17/2005 | 1181 | 791 | F68130 | LA | Lincoln | ||||||||||
LA-TER0098-011 |
JOSEPH DREW RADESCICH | KCS RESOURCES INC | 4/12/2006 | 1197 | 575 | F74980 | LA | Lincoln | ||||||||||
LA-TER0098-012 |
SHARONDA HILL MELVIN | KCS RESOURCES INC | 6/8/2006 | 1203 | 119 | F77437 | LA | Lincoln | ||||||||||
LA-TER0098-017 |
MANUAL ADAMS | KCS RESOURCES INC | 8/22/2006 | 1216 | 175 | F82457 | LA | Lincoln | ||||||||||
LA-TER0098-018 |
MICHAEL REITZELL | KCS RESOURCES INC | 4/28/2006 | 1216 | 177 | F82458 | LA | Lincoln | ||||||||||
LA-TER0098-019 |
JAMES EDWARD HALL | KCS RESOURCES INC | 4/28/2006 | 1216 | 179 | F82459 | LA | Lincoln | ||||||||||
LA-TER0098-020 |
RENEE LOUISE ADAMS | KCS RESOURCES INC | 8/25/2006 | 1244 | 323 | F93798 | LA | Lincoln | ||||||||||
LA-TER0098-P13 |
EUGENE HALL III | KCS RESOURCES INC | 4/28/2006 | 1201 | 315 | F76514 | LA | Lincoln | ||||||||||
LA-TER0098-P14 |
RICKY DEWAYNE HALL | KCS RESOURCES INC | 4/28/2006 | 1201 | 317 | F76515 | LA | Lincoln | ||||||||||
LA-TER0098-P15 |
STACY ANN HALL JOHNSON | KCS RESOURCES INC | 4/28/2006 | 1201 | 313 | F76513 | LA | Lincoln | ||||||||||
LA-TER0098-P16 |
AMANDA LYNN HALL PORTER | KCS RESOURCES INC | 4/28/2006 | 1201 | 319 | F76516 | LA | Lincoln | ||||||||||
LA-TER0099-001 |
ERIC J SEIBERT | KCS RESOURCES INC | 5/21/2003 | 1148 | 396 | 48723 | LA | Lincoln | ||||||||||
LA-TER0099-002 |
SARAH RUTH LOTT BOUDREAUX | KCS RESOURCES INC | 5/20/2003 | 1148 | 398 | 48724 | LA | Lincoln | ||||||||||
LA-TER0099-003 |
ELBERT G WARREN JR | HUNTER ENERGY CORPORATION | 9/30/2002 | 1139 | 311 | 42906 | LA | Lincoln | ||||||||||
LA-TER0099-004 |
WILLIAM C WARREN | HUNTER ENERGY CORPORATION | 9/30/2002 | 1139 | 295 | 42902 | LA | Lincoln | ||||||||||
JOAN L WARREN ET AL | ||||||||||||||||||
LA-TER0099-005 |
JAMES B WARREN JR AS NAKED OWNER | HUNTER ENERGY CORPORATION | 9/30/2002 | 1142 | 21 | F44577 | LA | Lincoln | ||||||||||
LA-TER0099-006 |
JOAN L WARREN AS NAKED OWNER | HUNTER ENERGY CORPORATION | 9/30/2002 | 1142 | 24 | F44578 | LA | Lincoln | ||||||||||
LA-TER0099-007 |
MARTHA JEAN NORRIS SURLINE | KCS RESOURCES INC | 9/10/2003 | 1154 | 636 | 52804 | LA | Lincoln | ||||||||||
LA-TER0099-008 |
GLENDA NORRIS PIPES | KCS RESOURCES INC | 9/10/2003 | 1152 | 153 | 51322 | LA | Lincoln | ||||||||||
LA-TER0099-009 |
MICKEY NORRIS HOLLIS | KCS RESOURCES INC | 9/10/2003 | 1152 | 157 | 51323 | LA | Lincoln | ||||||||||
LA-TER0099-010 |
MYRTA MAE LOTT WHITEHEAD | KCS RESOURCES INC | 5/20/2003 | 1152 | 151 | 51319 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0099-011 |
JOEL ANN LOTT ERWIN | KCS RESOURCES INC | 9/10/2003 | 1152 | 161 | 51324 | LA | Lincoln | ||||||||||
LA-TER0099-012 |
SUSAN SEIBERT MULLINS | KCS RESOURCES INC | 9/10/2003 | 1152 | 169 | 51326 | LA | Lincoln | ||||||||||
LA-TER0099-013 |
WILLIAM W NORRIS JR | KCS RESOURCES INC | 9/10/2003 | 1152 | 165 | 51325 | LA | Lincoln | ||||||||||
LA-TER0099-014 |
SHIRLEY NORRIS HAYNES | KCS RESOURCES INC | 9/10/2003 | 1155 | 661 | 53319 | LA | Lincoln | ||||||||||
LA-TER0099-015 |
MALCOLM EUGENE NORRIS | KCS RESOURCES INC | 9/10/2003 | 1152 | 828 | 51765 | LA | Lincoln | ||||||||||
LA-TER0099-016 |
MARY INEZ HUDSON NORRIS | KCS RESOURCES INC | 9/10/2003 | 1152 | 818 | 51762 | LA | Lincoln | ||||||||||
LA-TER0099-017 |
RANDALL MARK NORRIS | KCS RESOURCES INC | 2/19/2004 | 1158 | 11 | 54682 | LA | Lincoln | ||||||||||
LA-TER0099-018 |
KARL ANTHONY NORRIS ET AL | KCS RESOURCES INC | 2/19/2004 | 1158 | 636 | 55064 | LA | Lincoln | ||||||||||
LA-TER0099-019 |
DEBORAH NORRIS DISK | KCS RESOURCES INC | 2/19/2004 | 1160 | 145 | 56087 | LA | Lincoln | ||||||||||
LA-TER0099-020 |
LANE SEIBERT LARSON | KCS RESOURCES INC | 5/9/2006 | 1198 | 261 | F75306 | LA | Lincoln | ||||||||||
LA-TER0099-021 |
DEREK W SEIBERT | KCS RESOURCES INC | 5/9/2006 | 1203 | 122 | F77438 | LA | Lincoln | ||||||||||
LA-TER0099-022 |
THOMAS JACK NORRIS JR | KCS RESOURCES INC | 9/22/2006 | 1216 | 181 | F82460 | LA | Lincoln | ||||||||||
LA-TER0099-023 |
DIANA LYNN MARX MEARS | KCS RESOURCES INC | 9/22/2006 | 1216 | 248 | F82501 | LA | Lincoln | ||||||||||
SALEM UNITED METHODIST CHURCH OF THE | ||||||||||||||||||
LOUISIANA ANNUAL CONFERENCE | ||||||||||||||||||
LA-TER0100-000 |
REPRESENTED BY BILLY JOE HARRELL TRUSTEE | KCS RESOURCES INC | 5/25/2003 | 1147 | 664 | 48218 | LA | Lincoln | ||||||||||
1150 | 208 | 049784 | ||||||||||||||||
LA-TER0101-001 |
JAMES E DAVISON ET UX | KCS RESOURCES INC | 5/20/2003 | 1150 | 208 | 049784 | LA | Lincoln | ||||||||||
1153 | 645 | 052246 | ||||||||||||||||
LA-TER0101-002 |
PEARLIE B COLLIER | KCS RESOURCES INC | 9/11/2003 | 1153 | 645 | 052246 | LA | Lincoln | ||||||||||
LA-TER0102-001 |
MARTHA DOUGLAS | KCS RESOURCES INC | 9/24/2003 | 1152 | 825 | 51764 | LA | Lincoln | ||||||||||
LA-TER0103-001 |
JAMES CURTIS COLE | KCS RESOURCES INC | 2/19/2004 | 1158 | 18 | 54684 | LA | Lincoln | ||||||||||
LA-TER0104-000 |
BERNIECE HOOD WILLIAMS ET VIR | KCS RESOURCES INC | 1/4/2005 | 1170 | 380 | 62069 | LA | Lincoln | ||||||||||
LA-TER0105-000 |
ADOLPHUS CALLOWAY | KCS RESOURCES INC | 11/17/2004 | 1169 | 422 | 61573 | LA | Lincoln | ||||||||||
LA-TER0106-000 |
JAMES L LOE ET UX | KCS RESOURCES INC | 8/1/2005 | 1182 | 389 | F68351 | LA | Lincoln | ||||||||||
LA-TER0107-000 |
ROBERT W CEDOTAL ET UX | KCS RESOURCES INC | 4/20/2005 | 1179 | 567 | F66912 | LA | Lincoln | ||||||||||
1176 | 259 | F65245 | ||||||||||||||||
LA-TER0108-000 |
HUNT FOREST PRODUCTS INC | KCS RESOURCES INC | 2/28/2005 | 1176 | 259 | F65245 | LA | Lincoln | ||||||||||
LA-TER0145-001 |
CONNIE ARMSTRONG WATTS ET AL | KCS RESOURCES INC | 2/23/2005 | 1176 | 271 | F65250 | LA | Lincoln | ||||||||||
LA-TER0145-002 |
JAMES GORDON MCCULLIN | KCS RESOURCES INC | 2/23/2005 | 1176 | 269 | F65249 | LA | Lincoln | ||||||||||
LA-TER0146-001 |
CONNIE ARMSTRONG WATTS ET AL | KCS RESOURCES INC | 2/23/2005 | 1176 | 267 | F65248 | LA | Lincoln | ||||||||||
LA-TER0146-002 |
JAMES GORDON MCCULLIN | KCS RESOURCES INC | 2/23/2005 | 1176 | 265 | F65247 | LA | Lincoln | ||||||||||
1178 | 492 | F-66391 | ||||||||||||||||
LA-TER0147-000 |
WEYERHAEUSER COMPANY | KCS RESOURCES INC | 6/20/2005 | 1178 | 492 | F-66391 | LA | Lincoln | ||||||||||
416963 | ||||||||||||||||||
1366 | 164 | CLAIBORNE | ||||||||||||||||
LA-TER0194-001 |
DON DURRETT ET UX | KCS RESOURCES INC | 7/21/2005 | 1185 | 632 | F69744 LINCOLN | LA | Lincoln | ||||||||||
S A & N C WILLIAMS REVOCABLE TRUST | ||||||||||||||||||
SHERWOOD A WILLIAMS & NETTYELENE C WILLIAMS | ||||||||||||||||||
LA-TER0194-002 |
CO-TRUSTEES | KCS RESOURCES INC | 7/29/2006 | 1203 | 106 | F77433 | LA | Lincoln | ||||||||||
LA-TER0195-000 |
LAVELLE W AYCOCK JR ET UX | KCS RESOURCES INC | 6/27/2005 | 1181 | 826 | F68149 | LA | Lincoln | ||||||||||
LA-TER0196-001 |
MARGARET S JAMES | KCS RESOURCES INC | 8/25/2005 | 1182 | 682 | F68471 | LA | Lincoln | ||||||||||
LA-TER0196-002 |
BOBBIE JEAN WOODARD LAWRENCE | KCS RESOURCES INC | 9/8/2005 | 1184 | 415 | F69268 | LA | Lincoln | ||||||||||
LA-TER0196-003 |
ADA LOUISE HOLLIS | KCS RESOURCES INC | 8/25/2005 | 1182 | 676 | F68469 | LA | Lincoln | ||||||||||
LA-TER0196-004 |
LORI WOODARD ROBIN | KCS RESOURCES INC | 8/25/2005 | 1182 | 692 | F68474 | LA | Lincoln | ||||||||||
LA-TER0196-005 |
TERESA WOODARD SPILLERS | KCS RESOURCES INC | 8/25/2005 | 1182 | 695 | F68475 | LA | Lincoln | ||||||||||
LA-TER0196-006 |
MARSHALL L WOODARD | KCS RESOURCES INC | 8/25/2005 | 1184 | 440 | F69276 | LA | Lincoln | ||||||||||
LA-TER0197-001 |
WILLIAM R SUMLIN JR | KCS RESOURCES INC | 7/12/2005 | 1181 | 823 | F68418 | LA | Lincoln | ||||||||||
LA-TER0197-002 |
CHARLOTTE S CANTWELL | KCS RESOURCES INC | 7/12/2005 | 1180 | 633 | F67467 | LA | Lincoln | ||||||||||
LA-TER0198-000 |
STANLEY N KING ET UX | KCS RESOURCES INC | 10/12/2005 | 1187 | 888 | F70687 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0199-001 |
FRANCES PILGREEN DUGDALE ET VIR | KCS RESOURCES INC | 11/9/2005 | 1187 | 864 | F70678 | LA | Lincoln | ||||||||||
LA-TER0199-002 |
AVA PILGREEN | KCS RESOURCES INC | 11/14/2005 | 1191 | 154 | F72242 | LA | Lincoln | ||||||||||
LA-TER0199-003 |
MARTHA P CRUMPLER | KCS RESOURCES INC | 11/14/2005 | 1191 | 141 | F72238 | LA | Lincoln | ||||||||||
LA-TER0199-004 |
LINDA SUE PILGREEN SUMAN | KCS RESOURCES INC | 11/14/2005 | 1191 | 145 | F72239 | LA | Lincoln | ||||||||||
LA-TER0199-005 |
RACHEL HENDERSON | KCS RESOURCES INC | 11/21/2005 | 1191 | 148 | F72240 | LA | Lincoln | ||||||||||
LA-TER0200-001 |
VIOLA HOOD | KCS RESOURCES INC | 10/12/2005 | 1187 | 882 | F70685 | LA | Lincoln | ||||||||||
LA-TER0200-002 |
JUDY LYNN FALLIN WOODARD | KCS RESOURCES INC | 10/12/2005 | 1187 | 945 | F70707 | LA | Lincoln | ||||||||||
LA-TER0200-003 |
RICHARD WESTON SIMMERING ET UX | KCS RESOURCES INC | 10/12/2005 | 1187 | 921 | F70699 | LA | Lincoln | ||||||||||
LA-TER0201-000 |
LESTER L HOOD | KCS RESOURCES INC | 11/29/2005 | 1191 | 151 | F72241 | LA | Lincoln | ||||||||||
LA-TER0203-001 |
DELORES CASTINE PAYNE | KCS RESOURCES INC | 9/22/2006 | 1207 | 32 | F79231 | LA | Lincoln | ||||||||||
LA-TER0203-002 |
JANIS E K CASTINE | KCS RESOURCES INC | 9/26/2006 | 1207 | 28 | F79230 | LA | Lincoln | ||||||||||
LA-TER0203-003 |
MARK TINSLEY | KCS RESOURCES INC | 9/22/2006 | 1207 | 44 | F79234 | LA | Lincoln | ||||||||||
LA-TER0203-004 |
TOMMIE HOLLEMAN YOUNG | KCS RESOURCES INC | 11/2/2006 | 1207 | 52 | F79236 | LA | Lincoln | ||||||||||
LA-TER0203-005 |
RHONDA LYNN TINSLEY | KCS RESOURCES INC | 9/22/2006 | 1207 | 48 | F79235 | LA | Lincoln | ||||||||||
LA-TER0203-006 |
COLLETTE NADINE SHRADER | KCS RESOURCES INC | 10/25/2006 | 1207 | 36 | F79232 | LA | Lincoln | ||||||||||
LA-TER0203-007 |
JIMMY RAY TINSLEY | KCS RESOURCES INC | 9/22/2006 | 1207 | 40 | F79233 | LA | Lincoln | ||||||||||
LA-TER0203-008 |
MYRON LEROY CASTINE JR | KCS RESOURCES INC | 9/22/2006 | 1216 | 264 | F82504 | LA | Lincoln | ||||||||||
LA-TER0203-009 |
ROBERT E BROWN JR | KCS RESOURCES INC | 9/22/2006 | 1216 | 268 | F82505 | LA | Lincoln | ||||||||||
LA-TER0203-010 |
RICHARD LEE TERRELL | KCS RESOURCES INC | 9/26/2006 | 1216 | 272 | F82506 | LA | Lincoln | ||||||||||
LA-TER0203-011 |
CHRISTINE A FISK MCNEESE | KCS RESOURCES INC | 10/25/2006 | 1216 | 276 | F82507 | LA | Lincoln | ||||||||||
GARLAND THOMAS HOOD JR INDIVIDUALLY AND AS AGENT AND A-I-F FOR MARION ELIZABETH PILCHER | ||||||||||||||||||
LA-TER0212-001 |
HOOD ET AL | SOUTHBAY EXPLORATION INC | 10/26/2004 | 1166 | 285 | 59822 | LA | Lincoln | ||||||||||
LA-TER0212-002 |
SANDY HOOD CRAMER | SOUTHBAY EXPLORATION INC | 10/26/2004 | 1166 | 288 | 59823 | LA | Lincoln | ||||||||||
LA-TER0213-000 |
LINDA HOOD BROWN ET VIR | SOUTHBAY EXPLORATION INC | 10/26/2004 | 1166 | 294 | 59825 | LA | Lincoln | ||||||||||
LA-TER0214-000 |
ANNIE MURIEL WOODARD COLVIN | HOOD PETROLEUM INC | 1/25/2005 | 1170 | 80 | 61897 | LA | Lincoln | ||||||||||
LA-TER0215-000 |
WAYLON D WALLER | HOOD PETROLEUM INC | 1/24/2005 | 1170 | 77 | 61896 | LA | Lincoln | ||||||||||
LA-TER0216-000 |
ANN WOODARD WINDSOR | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 74 | 61895 | LA | Lincoln | ||||||||||
LA-TER0217-001 |
ANN WOODARD WINDSOR | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 71 | 61894 | LA | Lincoln | ||||||||||
LA-TER0217-002 |
EMMETT R WOODWARD | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 62 | 61891 | LA | Lincoln | ||||||||||
LA-TER0217-003 |
DELL WOODARD NICHOLS | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 107 | 61912 | LA | Lincoln | ||||||||||
LA-TER0217-004 |
ROBERT L WOODARD ET UX | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 83 | 61898 | LA | Lincoln | ||||||||||
LA-TER0218-000 |
SHELTON LORENZ PERRITT ET UX | HOOD PETROLEUM INC | 1/24/2005 | 1170 | 68 | 61893 | LA | Lincoln | ||||||||||
LA-TER0219-001 |
BONNIE SUE WOODARD | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 56 | 61889 | LA | Lincoln | ||||||||||
LA-TER0219-002 |
GLENDA WOODARD ROGERS | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 536 | 62192 | LA | Lincoln | ||||||||||
LA-TER0220-000 |
EMMETT R WOODARD | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 59 | 61890 | LA | Lincoln | ||||||||||
LA-TER0222-000 |
LOUISIANA MINERALS LTD | HOOD PETROLEUM INC | 1/25/2005 | 1173 | 150 | 63541 | LA | Lincoln | ||||||||||
LA-TER0223-000 |
BOBBIE JEAN WOODARD LAWRENCE | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 65 | 61892 | LA | Lincoln | ||||||||||
LA-TER0224-000 |
DELL WOODARD NICHOLS | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 104 | 61911 | LA | Lincoln | ||||||||||
LA-TER0225-001 |
THESSALONIA GIVENS PARKER | HOOD PETROLEUM INC | 2/4/2005 | 1170 | 110 | 61913 | LA | Lincoln | ||||||||||
1171 | 288 | 062584 | ||||||||||||||||
1171 | 288 | 062584 | ||||||||||||||||
LA-TER0226-001 |
BILLY GENE ROBERSON | HOOD PETROLEUM INC | 3/2/2005 | 1171 | 288 | 062584 | LA | Lincoln | ||||||||||
1171 | 291 | 062585 | ||||||||||||||||
1171 | 291 | 062585 | ||||||||||||||||
LA-TER0226-002 |
ODESSA ROBERSON BURNS | HOOD PETROLEUM INC | 3/2/2005 | 1171 | 291 | 062585 | LA | Lincoln | ||||||||||
1171 | 630 | 062856 | ||||||||||||||||
1171 | 630 | 062856 | ||||||||||||||||
LA-TER0226-003 |
ROY ROBERSON | HOOD PETROLEUM INC | 3/8/2005 | 1171 | 630 | 062856 | LA | Lincoln | ||||||||||
LA-TER0226-004 |
CLEVON ROBERSON | HOOD PETROLEUM INC | 3/2/2005 | 1171 | 297 | 62587 | LA | Lincoln | ||||||||||
LA-TER0226-005 |
CONWALLACE ALLEN | HOOD PETROLEUM INC | 1/31/2005 | 1170 | 113 | 61914 | LA | Lincoln | ||||||||||
F75049 (LINCOLN) | ||||||||||||||||||
1197 | 755 | 420116 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0226-006 |
CLINTON SAMPSON | HOOD PETROLEUM INC | 12/26/2005 | 1389 | 27 | (CLAIBORNE) | LA | Lincoln | ||||||||||
LA-TER0226-007 |
DEBRA LOUISE WALKER | HOOD PETROLEUM INC | 3/20/2006 | 1197 | 720 | F75037 | LA | Lincoln | ||||||||||
LA-TER0226-008 |
JOHN WAYNE WALKER | HOOD PETROLEUM INC | 3/23/2006 | 1197 | 723 | F75038 | LA | Lincoln | ||||||||||
LA-TER0226-009 |
EARLINE SAMPSON WILLS | HOOD PETROLEUM INC | 3/20/2006 | 1197 | 729 | F75040 | LA | Lincoln | ||||||||||
LA-TER0226-010 |
FLORIDA SAMPSON DANIEL | HOOD PETROLEUM INC | 3/20/2006 | 1197 | 732 | F75041 | LA | Lincoln | ||||||||||
LA-TER0226-011 |
CYNTHIA WALKER STEINACKER | HOOD PETROLEUM INC | 3/23/2006 | 1197 | 735 | F75042 | LA | Lincoln | ||||||||||
LA-TER0226-012 |
TAMMY LYNN WALKER | HOOD PETROLEUM INC | 3/15/2006 | 1197 | 741 | F75044 | LA | Lincoln | ||||||||||
LA-TER0226-013 |
FREDDIE ALLEN | HOOD PETROLEUM INC | 12/16/2005 | 1197 | 758 | F75050 | LA | Lincoln | ||||||||||
LA-TER0226-014 |
CLOTIEL ALLEN TAYLOR | HOOD PETROLEUM INC | 12/16/2005 | 1197 | 761 | F75051 | LA | Lincoln | ||||||||||
WILLIE HENRY SAMPSON | ||||||||||||||||||
LA-TER0226-015 |
BY JOHNNIE OCON A-I-F | HOOD PETROLEUM INC | 3/24/2006 | 1202 | 534 | F77240 | LA | Lincoln | ||||||||||
LA-TER0226-016 |
PATRICIA S HAGGARD | CLAYTON WILLIAMS ENERGY INC. | 3/10/2007 | 1219 | 675 | F83762 | LA | Lincoln | ||||||||||
LA-TER0226-017 |
TERRY WAYNE SAMPSON ET UX | CLAYTON WILLIAMS ENERGY INC. | 3/8/2007 | 1219 | 672 | F83761 | LA | Lincoln | ||||||||||
LA-TER0226-018 |
BEATRICE S WILLS | CLAYTON WILLIAMS ENERGY INC. | 4/11/2007 | 1220 | 365 | F83997 | LA | Lincoln | ||||||||||
LA-TER0226-019 |
LINDA KAY S TURNER | CLAYTON WILLIAMS ENERGY INC. | 4/11/2007 | 1220 | 580 | F84108 | LA | Lincoln | ||||||||||
LA-TER0226-020 |
CLOTIS JEWEL A DANIELS | CLAYTON WILLIAMS ENERGY INC. | 4/25/2007 | 1221 | 71 | F84341 | LA | Lincoln | ||||||||||
LA-TER0226-021 |
JOHN LEWIS DAVISON | CLAYTON WILLIAMS ENERGY INC. | 3/10/2007 | 1218 | 228 | F83233 | LA | Lincoln | ||||||||||
LA-TER0226-022 |
RAYMOND SAMPSON JR | CLAYTON WILLIAMS ENERGY INC. | 4/11/2007 | 1221 | 403 | F84544 | LA | Lincoln | ||||||||||
LA-TER0226-023 |
CEDRIC MALONE | CLAYTON WILLIAMS ENERGY INC. | 4/25/2007 | 1223 | 158 | F85195 | LA | Lincoln | ||||||||||
LA-TER0226-024 |
JAMES CURTIS ALLEN | CLAYTON WILLIAMS ENERGY INC. | 4/15/2007 | 1223 | 312 | F85302 | LA | Lincoln | ||||||||||
LA-TER0226-025 |
TRACY DENISE MALONE | CLAYTON WILLIAMS ENERGY INC. | 4/25/2007 | 1223 | 309 | F85301 | LA | Lincoln | ||||||||||
LA-TER0226-026 |
VIOLA A HARRIS | CLAYTON WILLIAMS ENERGY INC. | 6/8/2007 | 1226 | 313 | F86579 | LA | Lincoln | ||||||||||
LA-TER0226-027 |
FRANCINE MALONE | CLAYTON WILLIAMS ENERGY INC. | 4/20/2007 | 1226 | 780 | F86844 | LA | Lincoln | ||||||||||
LA-TER0226-028 |
PAMELA DENISE C ROBINSON | CLAYTON WILLIAMS ENERGY INC. | 7/9/2007 | 1226 | 777 | F86843 | LA | Lincoln | ||||||||||
LA-TER0226-029 |
JOYCE C CHANEY | CLAYTON WILLIAMS ENERGY INC. | 7/9/2007 | 1227 | 104 | F86952 | LA | Lincoln | ||||||||||
LA-TER0226-030 |
LINDA GAIL D SIMPSON | CLAYTON WILLIAMS ENERGY INC | 6/22/2007 | 1228 | 347 | F87349 | LA | Lincoln | ||||||||||
LA-TER0226-031 |
BARBARA S ELLIS | CLAYTON WILLIAMS ENERGY INC | 4/11/2007 | 1228 | 350 | F87350 | LA | Lincoln | ||||||||||
LA-TER0226-032 |
ROOSEVELT ALLEN | HOOD PETROLEUM INC | 1/31/2005 | 1170 | 114 | 61915 | LA | Lincoln | ||||||||||
LA-TER0226-033 |
MICHAEL CAPTAIN | CLAYTON WILLIAMS ENERGY INC | 6/22/2007 | 1228 | 341 | F87347 | LA | Lincoln | ||||||||||
LA-TER0226-034 |
CLEO ALLEN | HOOD PETROLEUM INC | 1/31/2005 | 1170 | 117 | 61916 | LA | Lincoln | ||||||||||
LA-TER0226-035 |
PATRICIA ANN M MCKEEVER | CLAYTON WILLIAMS ENERGY INC | 4/20/2007 | 1229 | 277 | F87737 | LA | Lincoln | ||||||||||
LA-TER0226-036 |
RUFUS ALLEN | HOOD PETROLEUM INC | 1/31/2005 | 1170 | 119 | 61917 | LA | Lincoln | ||||||||||
LA-TER0226-037 |
WILLIE MALONE | CLAYTON WILLIAMS ENERGY INC | 8/13/2007 | 1230 | 529 | F88289 | LA | Lincoln | ||||||||||
LA-TER0226-038 |
MABLE TOWERS | HOOD PETROLEUM INC | 1/28/2005 | 1170 | 52 | 61887 | LA | Lincoln | ||||||||||
LA-TER0226-039 |
ORA BUD CAPTAIN JR | CLAYTON WILLIAMS ENERGY INC | 7/9/2007 | 1230 | 532 | F88290 | LA | Lincoln | ||||||||||
LA-TER0226-040 |
ESTHER ALLEN KING ET VIR | HOOD PETROLEUM INC | 1/31/2005 | 1170 | 54 | 61888 | LA | Lincoln | ||||||||||
LA-TER0226-041 |
CANDACE M HARVEY | CLAYTON WILLIAMS ENERGY INC | 8/3/2007 | 1231 | 79 | F88519 | LA | Lincoln | ||||||||||
LA-TER0226-042 |
MILDRED ALLEN BARNES ET AL | HOOD PETROLEUM INC | 2/2/2005 | 1170 | 400 | 62074 | LA | Lincoln | ||||||||||
LA-TER0226-043 |
CALVIN ALLEN | HOOD PETROLEUM INC | 2/7/2005 | 1170 | 349 | 62038 | LA | Lincoln | ||||||||||
LA-TER0226-044 |
QUINCY ALLEN | HOOD PETROLEUM INC | 2/7/2005 | 1170 | 351 | 62039 | LA | Lincoln | ||||||||||
LA-TER0226-045 |
ARVIE LEE ALLEN CAESAR | HOOD PETROLEUM INC | 2/7/2005 | 1170 | 353 | 62040 | LA | Lincoln | ||||||||||
LA-TER0226-046 |
DELLA DAVISON | HOOD PETROLEUM INC | 1/31/2005 | 1170 | 355 | 62041 | LA | Lincoln | ||||||||||
LA-TER0226-047 |
C L ALLEN | HOOD PETROLEUM INC | 2/7/2005 | 1170 | 357 | 62042 | LA | Lincoln | ||||||||||
LA-TER0226-048 |
EDDIE RAY ALLEN | HOOD PETROLEUM INC | 2/7/2005 | 1170 | 359 | 62043 | LA | Lincoln | ||||||||||
LA-TER0226-049 |
LINDA ANN ALLEN | HOOD PETROLEUM INC | 2/7/2005 | 1170 | 532 | 62190 | LA | Lincoln | ||||||||||
LA-TER0226-050 |
DAVID WAYNE DENNIS | HOOD PETROLEUM INC | 2/11/2005 | 1170 | 534 | 62191 | LA | Lincoln | ||||||||||
LA-TER0226-051 |
CASANDRA DENNIS SYE | HOOD PETROLEUM INC | 2/11/2005 | 1170 | 539 | 62193 | LA | Lincoln | ||||||||||
LA-TER0226-052 |
GEORGIA ALLEN AMRSTRONG | HOOD PETROLEUM INC | 2/11/2005 | 1170 | 400 | 62342 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0226-053 |
BELESTER DENNIS BEASLEY | HOOD PETROLEUM INC | 2/11/2005 | 1171 | 116 | 62420 | LA | Lincoln | ||||||||||
LA-TER0226-054 |
TOMMY L ALLEN | HOOD PETROLEUM INC | 2/15/2005 | 1171 | 118 | 62421 | LA | Lincoln | ||||||||||
LA-TER0226-055 |
CLAUDE ALLEN JR | HOOD PETROLEUM INC | 2/15/2005 | 1171 | 120 | 62422 | LA | Lincoln | ||||||||||
LA-TER0226-056 |
MALVIN SAMPSON SR | HOOD PETROLEUM INC | 3/29/2005 | 1173 | 139 | 63537 | LA | Lincoln | ||||||||||
LA-TER0226-057 |
ANNIE B ALLEN DENNIS | HOOD PETROLEUM INC | 6/28/2005 | 1181 | 501 | F67881 | LA | Lincoln | ||||||||||
1171 | 294 | 062586 | ||||||||||||||||
1171 | 294 | 062586 | ||||||||||||||||
LA-TER0226-058 |
CLEVON ROBERSON ET UX | HOOD PETROLEUM INC | 3/2/2005 | 1171 | 294 | 062586 | LA | Lincoln | ||||||||||
1226 | 385 | F86613 | ||||||||||||||||
1434 | 180 | 425606 | ||||||||||||||||
1226 | 385 | F86613 | ||||||||||||||||
LA-TER0226-059 |
DONALD E ROBERSON SR | CLAYTON WILLIAMS ENERGY INC | 5/28/2007 | 1434 | 180 | 425606 | LA | Lincoln | ||||||||||
1171 | 612 | 062850 | ||||||||||||||||
LA-TER0226-060 |
CLENTON ROBERSON | HOOD PETROLEUM INC | 3/2/2005 | 1171 | 612 | 062850 | LA | Lincoln | ||||||||||
1171 | 627 | 062855 | ||||||||||||||||
1224 | 408 | F85804 | ||||||||||||||||
1171 | 627 | 062855 | ||||||||||||||||
1224 | 408 | F85804 | ||||||||||||||||
1171 | 627 | 062855 | ||||||||||||||||
LA-TER0226-061 |
NEOMIA ROBERSON DANIEL | HOOD PETROLEUM INC | 3/2/2005 | 1224 | 408 | F85804 | LA | Lincoln | ||||||||||
1171 | 618 | 062852 | ||||||||||||||||
1224 | 414 | F85807 | ||||||||||||||||
1171 | 618 | 062852 | ||||||||||||||||
1224 | 414 | F85807 | ||||||||||||||||
1171 | 618 | 062852 | ||||||||||||||||
LA-TER0226-062 |
LOYE JEAN FORD | HOOD PETROLEUM INC | 3/2/2005 | 1224 | 414 | F85807 | LA | Lincoln | ||||||||||
1171 | 621 | 062853 | ||||||||||||||||
1224 | 412 | F85806 | ||||||||||||||||
1171 | 621 | 062853 | ||||||||||||||||
1224 | 412 | F85806 | ||||||||||||||||
1171 | 621 | 062853 | ||||||||||||||||
LA-TER0226-063 |
JUANITA SNEED | HOOD PETROLEUM INC | 3/2/2005 | 1224 | 412 | F85806 | LA | Lincoln | ||||||||||
1171 | 624 | 062854 | ||||||||||||||||
4557 | 410 | F85805 | ||||||||||||||||
LENNIE FAYE DAVIS | 1171 | 624 | 062854 | |||||||||||||||
AKA LENNIE FAYE ROBINSON DAVIS | 1171 | 624 | 062854 | |||||||||||||||
LA-TER0226-064 |
AKA FAYE ROBERSON DAVIS | HOOD PETROLEUM INC | 3/2/2005 | 4557 | 410 | F85805 | LA | Lincoln | ||||||||||
1173 | 574 | 063825 | ||||||||||||||||
LA-TER0226-065 |
PINKIE ROBERSON LEWIS | HOOD PETROLEUM INC | 3/2/2005 | 1173 | 574 | 063825 | LA | Lincoln | ||||||||||
1176 | 703 | F65489 | ||||||||||||||||
1224 | 416 | F85808 | ||||||||||||||||
1176 | 703 | F65489 | ||||||||||||||||
1224 | 416 | F85808 | ||||||||||||||||
1176 | 703 | F65489 | ||||||||||||||||
LA-TER0226-066 |
ADOLPHUS RAY MILLS | HOOD PETROLEUM INC | 4/14/2005 | 1224 | 416 | F85808 | LA | Lincoln | ||||||||||
1179 | 350 | F66800 | ||||||||||||||||
1179 | 350 | F66800 | ||||||||||||||||
LA-TER0226-067 |
THELMA ROBERSON BOBB | HOOD PETROLEUM INC | 6/7/2005 | 1179 | 350 | F66800 | LA | Lincoln | ||||||||||
1179 | 371 | F66807 | ||||||||||||||||
THELMA ROBERSON BOBB ET VIR | 1179 | 371 | F66807 | |||||||||||||||
LA-TER0226-068 |
JOHN BOBB | HOOD PETROLEUM INC | 6/7/2005 | 1179 | 371 | F66807 | LA | Lincoln | ||||||||||
1183 | 543 | F68884 | ||||||||||||||||
1369 | 167 | 417364 | ||||||||||||||||
1183 | 543 | F68884 | ||||||||||||||||
1369 | 167 | 417364 | ||||||||||||||||
1183 | 543 | F68884 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0226-069 |
BARBARA ROBERSON GOMBOSSY | HOOD PETROLEUM INC | 9/13/2005 | 1369 | 167 | 417364 | LA | Lincoln | ||||||||||
1183 | 546 | F68885 | ||||||||||||||||
1369 | 170 | 417365 | ||||||||||||||||
1183 | 546 | F68885 | ||||||||||||||||
1369 | 170 | 417365 | ||||||||||||||||
1183 | 546 | F68885 | ||||||||||||||||
LA-TER0226-070 |
LILY ROBERSON DAVIS | HOOD PETROLEUM INC | 9/13/2005 | 1369 | 170 | 417365 | LA | Lincoln | ||||||||||
1184 | 686 | F69408 | ||||||||||||||||
1371 | 25 | 417636 | ||||||||||||||||
1184 | 686 | F69408 | ||||||||||||||||
1371 | 25 | 417636 | ||||||||||||||||
1184 | 686 | F69408 | ||||||||||||||||
LA-TER0226-071 |
BOBBY RAY ROBERSON | HOOD PETROLEUM INC | 9/13/2005 | 1371 | 25 | 417636 | LA | Lincoln | ||||||||||
1184 | 683 | F69407 | ||||||||||||||||
1371 | 29 | 417637 | ||||||||||||||||
1184 | 683 | F69407 | ||||||||||||||||
1371 | 29 | 417637 | ||||||||||||||||
1184 | 683 | F69407 | ||||||||||||||||
LA-TER0226-072 |
WINFORD ROBERSON | HOOD PETROLEUM INC | 9/13/2005 | 1371 | 29 | 417637 | LA | Lincoln | ||||||||||
1186 | 178 | F69897 | ||||||||||||||||
1372 | 193 | 417799 | ||||||||||||||||
1186 | 178 | F69897 | ||||||||||||||||
1372 | 193 | 417799 | ||||||||||||||||
1186 | 178 | F69897 | ||||||||||||||||
LA-TER0226-073 |
IRMA ROBERSON DAVIS | HOOD PETROLEUM INC | 9/13/2005 | 1372 | 193 | 417799 | LA | Lincoln | ||||||||||
1186 | 172 | F69895 | ||||||||||||||||
1372 | 199 | 417801 | ||||||||||||||||
1186 | 172 | F69895 | ||||||||||||||||
1372 | 199 | 417801 | ||||||||||||||||
1186 | 172 | F69895 | ||||||||||||||||
LA-TER0226-074 |
MINNIE ROBERSON CALAHAN | HOOD PETROLEUM INC | 9/13/2005 | 1372 | 199 | 417801 | LA | Lincoln | ||||||||||
1186 | 175 | F69896 | ||||||||||||||||
1372 | 196 | 417800 | ||||||||||||||||
1186 | 175 | F69896 | ||||||||||||||||
1372 | 196 | 417800 | ||||||||||||||||
1186 | 175 | F69896 | ||||||||||||||||
LA-TER0226-076 |
MAE JEWEL THOMPSON | HOOD PETROLEUM INC | 9/13/2005 | 1372 | 196 | 417800 | LA | Lincoln | ||||||||||
1197 | 726 | F75039 | ||||||||||||||||
1226 | 544 | F86693 | ||||||||||||||||
1197 | 726 | F75039 | ||||||||||||||||
LA-TER0226-077 |
JOHN WAYNE WALKER | HOOD PETROLEUM INC | 3/23/2006 | 1226 | 544 | F86693 | LA | Lincoln | ||||||||||
1197 | 705 | F75032 | ||||||||||||||||
1388 | 208 | 420049 | ||||||||||||||||
1197 | 705 | F75032 | ||||||||||||||||
LA-TER0226-078 |
L D ROBERSON | HOOD PETROLEUM INC | 5/10/2006 | 1388 | 208 | 420049 | LA | Lincoln | ||||||||||
1197 | 738 | F75043 | ||||||||||||||||
1226 | 542 | F86691 | ||||||||||||||||
1197 | 738 | F75043 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0226-079 |
CYNTHIA WALKER STEINACKER | HOOD PETROLEUM INC | 3/23/2006 | 1226 | 542 | F86691 | LA | Lincoln | ||||||||||
1197 | 750 | F75047 | ||||||||||||||||
1226 | 543 | F86692 | ||||||||||||||||
1197 | 750 | F75047 | ||||||||||||||||
LA-TER0226-080 |
DEBRA LOUISE WALKER | HOOD PETROLEUM INC | 3/23/2006 | 1226 | 543 | F86692 | LA | Lincoln | ||||||||||
1197 | 747 | F75046 | ||||||||||||||||
1231 | 19 | F88476 | ||||||||||||||||
1197 | 747 | F75046 | ||||||||||||||||
LA-TER0226-081 |
TAMMY LYNN WALKER | HOOD PETROLEUM INC | 3/15/2006 | 1231 | 19 | F88476 | LA | Lincoln | ||||||||||
1197 | 753 | F75048 | ||||||||||||||||
1224 | 418 | F85809 | ||||||||||||||||
1197 | 753 | F75048 | ||||||||||||||||
1224 | 418 | F85809 | ||||||||||||||||
1197 | 753 | F75048 | ||||||||||||||||
LA-TER0226-082 |
PATRICIA MILLS PATTERSON | HOOD PETROLEUM INC | 5/16/2006 | 1224 | 418 | F85809 | LA | Lincoln | ||||||||||
1198 | 423 | F75378 | ||||||||||||||||
1389 | 34 | 420120 | ||||||||||||||||
1224 | 420 | 105960 | ||||||||||||||||
1198 | 423 | F75378 | ||||||||||||||||
1389 | 34 | 420120 | ||||||||||||||||
1224 | 420 | 105960 | ||||||||||||||||
1198 | 423 | F75378 | ||||||||||||||||
1389 | 34 | 420120 | ||||||||||||||||
LA-TER0226-083 |
CHARLES G MILLS | HOOD PETROLEUM INC | 5/16/2006 | 1224 | 420 | 105960 | LA | Lincoln | ||||||||||
1199 (L) | 369 (L) | F75772 | ||||||||||||||||
1390 (C) | 219 (C) | 420358 | ||||||||||||||||
1199 (L) | 369 (L) | F75772 | ||||||||||||||||
LA-TER0226-084 |
AMBER MARSHAWNFAY HOSKIN ET AL | HOOD PETROLEUM INC | 5/16/2006 | 1390 (C) | 219 (C) | 420358 | LA | Lincoln | ||||||||||
1223 | 161 | F85196 | ||||||||||||||||
LA-TER0226-085 |
DAISY MAE H ROBERSON | CLAYTON WILLIAMS ENERGY INC | 5/16/2007 | 1223 | 161 | F85196 | LA | Lincoln | ||||||||||
LA-TER0226-086 |
CLENTON ROBERSON | HOOD PETROLEUM INC | 3/2/2005 | 1171 | 615 | 62851 | LA | Lincoln | ||||||||||
1216 | 082 | F82408 | ||||||||||||||||
LA-TER0226-087 |
ONITA WIMBERLY SMITH | CLAYTON WILLIAMS ENERGY INC | 2/20/2007 | 1216 | 082 | F82408 | LA | Lincoln | ||||||||||
1216 | 086 | F82409 | ||||||||||||||||
LA-TER0226-088 |
SHEROLYN MYLES HARRIS | CLAYTON WILLIAMS ENERGY INC | 2/23/2007 | 1216 | 086 | F82409 | LA | Lincoln | ||||||||||
1216 | 090 | F82410 | ||||||||||||||||
LA-TER0226-089 |
CYNTHIA MALONE | CLAYTON WILLIAMS ENERGY INC | 2/23/2007 | 1216 | 090 | F82410 | LA | Lincoln | ||||||||||
1216 | 094 | F82411 | ||||||||||||||||
LA-TER0226-090 |
BENNIE L ROBINSON | CLAYTON WILLIAMS ENERGY INC | 2/20/2007 | 1216 | 094 | F82411 | LA | Lincoln | ||||||||||
1217 | 393 | F82943 | ||||||||||||||||
LA-TER0226-091 |
DEBRA M HOGG | CLAYTON WILLIAMS ENERGY INC | 2/27/2007 | 1217 | 393 | F82943 | LA | Lincoln | ||||||||||
1218 | 224 | F83232 | ||||||||||||||||
LA-TER0226-092 |
RHODELLA MAE MALONE | CLAYTON WILLIAMS ENERGY INC | 2/20/2007 | 1218 | 224 | F83232 | LA | Lincoln | ||||||||||
1220 | 583 | F84109 | ||||||||||||||||
LA-TER0226-093 |
SARAH JACKSON | CLAYTON WILLIAMS ENERGY INC | 4/18/2007 | 1220 | 583 | F84109 | LA | Lincoln | ||||||||||
1219 | 508 | F83696 | ||||||||||||||||
LA-TER0226-094 |
STEVE MALONE | CLAYTON WILLIAMS ENERGY INC | 2/27/2007 | 1219 | 508 | F83696 | LA | Lincoln | ||||||||||
1219 | 504 | F83695 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0226-095 |
JOSHUA ROBERSON | CLAYTON WILLIAMS ENERGY INC | 4/5/2007 | 1219 | 504 | F83695 | LA | Lincoln | ||||||||||
1219 | 500 | F83694 | ||||||||||||||||
LA-TER0226-096 |
SHEMECA ROBERSON | CLAYTON WILLIAMS ENERGY INC | 4/3/2007 | 1219 | 500 | F83694 | LA | Lincoln | ||||||||||
1228 | 748 | F87579 | ||||||||||||||||
LA-TER0226-097 |
SOLOMON ROBERSON | CLAYTON WILLIAMS ENERGY INC | 8/1/2007 | 1228 | 748 | F87579 | LA | Lincoln | ||||||||||
1224 | 427 | F93846 | ||||||||||||||||
LA-TER0226-098 |
NATRIEL WINZER ET AL | CLAYTON WILLIAMS ENERGY INC | 12/1/2007 | 1244 | 427 | F93846 | LA | Lincoln | ||||||||||
LA-TER0226-099 |
CANDACE MALONE HARVEY ET AL | HOOD PETROLEUM INC | 3/2/2005 | 1172 | 356 | 63154 | LA | Lincoln | ||||||||||
830 (L) | ||||||||||||||||||
LA-TER0226-100 |
GEORGIA ALLEN ARMSTRONG | HOOD PETROLEUM INC | 2/11/2005 | 1170 (L) | F84261 | 62342 | LA | Lincoln | ||||||||||
1259 | 724 | F99401 | ||||||||||||||||
LA-TER0226-P075 |
ELLERY L HOSKIN | CLAYTON WILLIAMS ENERGY INC | 10/20/2007 | 1487 | 276 | 431862 | LA | Lincoln | ||||||||||
LA-TER0228-000 |
FREDDIE MAE GIVENS ADAMS | HOOD PETROLEUM INC | 2/4/2005 | 1170 | 402 | 62075 | LA | Lincoln | ||||||||||
LA-TER0229-001 |
ESSIE RICHARD REED ET UX | HOOD PETROLEUM INC | 2/11/2005 | 1170 | 439 | 62106 | LA | Lincoln | ||||||||||
LA-TER0229-002 |
SYLVIA R POPE | EQUITY OIL CO INC | 10/3/2003 | 1152 | 265 | LA | Lincoln | |||||||||||
LA-TER0229-003 |
LILLIE R FULLER | EQUITY OIL CO INC | 10/3/2003 | 1152 | 267 | LA | Lincoln | |||||||||||
LA-TER0231-000 |
ROBERT L WOODARD ET UX | HOOD PETROLEUM INC | 1/21/2005 | 1170 | 86 | 61899 | LA | Lincoln | ||||||||||
LA-TER0232-000 |
ELEANOR WOODARD BEERS | HOOD PETROLEUM INC | 1/25/2005 | 1170 | 89 | 61900 | LA | Lincoln | ||||||||||
LA-TER0233-001 |
ADA LOUISE WOODARD HOLLIS | HOOD PETROLEUM INC | 2/17/2005 | 1170 | 821 | 62339 | LA | Lincoln | ||||||||||
LA-TER0233-P02 |
LORI WOODARD ROBIN | HOOD PETROLEUM INC | 2/17/2005 | 1170 | 824 | 62340 | LA | Lincoln | ||||||||||
LA-TER0233-P03 |
TERESA WOODARD SPILLERS | HOOD PETROLEUM INC | 2/17/2005 | 1170 | 832 | 62343 | LA | Lincoln | ||||||||||
LA-TER0234-001 |
LORI WOODARD ROBIN | HOOD PETROLEUM INC | 2/17/2005 | 1170 | 827 | 62341 | LA | Lincoln | ||||||||||
LA-TER0234-002 |
TERESA WOODARD SPILLERS | HOOD PETROLEUM INC | 2/17/2005 | 1170 | 835 | 62344 | LA | Lincoln | ||||||||||
LA-TER0235-001 |
BETTY SUE WESTBROOK KYLE ET AL | HOOD PETROLEUM INC | 2/24/2005 | 1171 | 193 | 62465 | LA | Lincoln | ||||||||||
LA-TER0235-002 |
KAYE KYLE RICE | HOOD PETROLEUM INC | 2/24/2005 | 1171 | 285 | 62583 | LA | Lincoln | ||||||||||
LA-TER0238-000 |
LOUISIANA MINERALS LTD | HOOD PETROLEUM INC | 3/29/2005 | 1172 | 458 | 63271 | LA | Lincoln | ||||||||||
LA-TER0245-000 |
WEYERHAEUSER COMPANY | CLAYTON WILLIAMS ENERGY INC | 6/3/2005 | 1177 | 534 | F65854 | LA | Lincoln | ||||||||||
LA-TER0247-000 |
JAMES SCOTT WILLIAMS | ROBERT E MCKELLAR | 5/19/2005 | 1174 | 436 | F64814 | LA | Lincoln | ||||||||||
JOHN BOBB ET UX |
||||||||||||||||||
LA-TER0251-001 |
THELMA ROBERSON BOBB | HOOD PETROLEUM INC | 6/7/2005 | 1178 | 128 | F61194 | LA | Lincoln | ||||||||||
LA-TER0254-000 |
MICHAEL PETER MORRONE ET UX | HOOD PETROLEUM INC | 6/28/2005 | 1179 | 362 | F66804 | LA | Lincoln | ||||||||||
LA-TER0255-000 |
ANTHONY KENNER | HOOD PETROLEUM INC | 7/20/2005 | 1179 | 365 | F66805 | LA | Lincoln | ||||||||||
240 | 101 | |||||||||||||||||
LA-TER0256-001 |
GEORGE CURTIS TAYLOR ET AL | M F MILEY OIL PROPERTIES INC | 10/25/1978 | 240 | 101 | LA | Lincoln | |||||||||||
242 | 320 | D-17710 | ||||||||||||||||
LA-TER0256-002 |
BARBARA TYLER SHULTS | M F MILEY OIL PROPERTIES INC | 10/25/1978 | 242 | 320 | D-17710 | LA | Lincoln | ||||||||||
LA-TER0259-000 |
HESTER LEWIS | HOOD PETROLEUM INC | 10/23/2005 | 1184 | 680 | F69406 | LA | Lincoln | ||||||||||
LA-TER0260-000 |
BOBBY RAY CRAWFORD JR ET UX | HOOD PETROLEUM INC | 11/11/2005 | 1187 | 575 | F70530 | LA | Lincoln | ||||||||||
LA-TER0261-000 |
MICHAEL R BELL | HOOD PETROLEUM INC | 11/15/2005 | 1187 | 578 | F70531 | LA | Lincoln | ||||||||||
LA-TER0262-001 |
FRANK JAMES LAKEY | HOOD PETROLEUM INC | 11/7/2005 | 1187 | 569 | F70528 | LA | Lincoln | ||||||||||
LA-TER0262-002 |
BRENDA MAYO LAKEY | HOOD PETROLEUM INC | 12/15/2005 | 1197 | 744 | F75045 | LA | Lincoln | ||||||||||
LA-TER0263-001 |
ANN MENEFEE COOK ET AL | HOOD PETROLEUM INC | 6/9/2006 | 1198 | 752 | F75551 | LA | Lincoln | ||||||||||
LA-TER0263-002 |
PRIMER DAY LEWIS | JOHNIE W ADKINS | 5/19/1956 | 73 | 423 | C18 | LA | Lincoln | ||||||||||
LA-TER0263-003 |
J FLOYD HODGE | JOHNIE W ADKINS | 5/22/1956 | 73 | 455 | C91 | LA | Lincoln | ||||||||||
LA-TER0263-004 |
L D BARNETT ET UX | JOHNIE W ADKINS | 5/11/1956 | 73 | 453 | C89 | LA | Lincoln | ||||||||||
LA-TER0263-005 |
T B GODFREY | THE ATLANTIC REFINING COMPANY | 9/26/1957 | 58 | 339 | C7262 | LA | Lincoln | ||||||||||
73 | 397 | N136588 | ||||||||||||||||
LA-TER0264-000 |
B F FALLIN | JOHNIE W ADKINS | 5/5/1956 | 73 | 397 | N136588 | LA | Lincoln | ||||||||||
LA-TER0265-000 |
C M BICE | JOHNIE W ADKINS | 5/8/1956 | 73 | N136590 | LA | Lincoln | |||||||||||
73-405 | 54-141 C-2237 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0266-001 |
E L HENRY | JOHNIE W ADKINS | 5/5/1956 | 73-405 | 54-141 C-2237 | LA | Lincoln | |||||||||||
73-519 | 54-138 C-2236 | |||||||||||||||||
LA-TER0266-002 |
T L MC CRARY | JOHNIE W ADKINS | 5/5/1956 | 73-519 | 54-138 C-2236 | LA | Lincoln | |||||||||||
LA-TER0267-000 |
WILLIS E STEPHENSON ET AL | JOHNIE W ADKINS | 5/9/1956 | 73 | 427 | C22 | LA | Lincoln | ||||||||||
73 | 425 | C20 | ||||||||||||||||
LA-TER0268-000 |
L D BARNETT | JOHNIE W ADKINS | 5/11/1956 | 73 | 425 | C20 | LA | Lincoln | ||||||||||
LA-TER0269-000 |
WILEY MCCRARY | JOHNIE W ADKINS | 5/5/1956 | 73 | 431 | C25 | LA | Lincoln | ||||||||||
LA-TER0270-001 |
W E MCBRIDE ET AL | JOHNIE W ADKINS | 5/16/1956 | 73 | 461 | C98 | LA | Lincoln | ||||||||||
LA-TER0270-002 |
AMOS LEWIS ET AL | THE ATLANTIC REFINING COMPANY | 8/13/1957 | 57 | 557 | C6459 | LA | Lincoln | ||||||||||
CLEO SEHON DYE | ||||||||||||||||||
LA-TER0270-003 |
REPRESENTED BY E W SEHON AS CURATOR | THE ATLANTIC REFINING COMPANY | 8/22/1957 | 58 | 205 | C6905 | LA | Lincoln | ||||||||||
LA-TER0270-004 |
L T HOLLAND | THE ATLANTIC REFINING COMPANY | 8/7/1957 | 58 | 15 | C6628 | LA | Lincoln | ||||||||||
LA-TER0270-005 |
GEORGE H DYE | THE ATLANTIC REFINING COMPANY | 10/13/1956 | 53 | 583 | C1986 | LA | Lincoln | ||||||||||
LA-TER0270-006 |
E W SEHON | THE ATLANTIC REFINING COMPANY | 8/22/1957 | 58 | 13 | C6627 | LA | Lincoln | ||||||||||
LA-TER0270-007 |
AARON LEWIS | THE ATLANTIC REFINING COMPANY | 10/15/1956 | 53 | 585 | C1987 | LA | Lincoln | ||||||||||
LA-TER0270-008 |
GLEN DYE | THE ATLANTIC REFINING COMPANY | 10/13/1956 | 53 | 581 | C1985 | LA | Lincoln | ||||||||||
QUINCY HOLLAND JR ET AL AS MINORS | ||||||||||||||||||
LARRY HOLLAND | ||||||||||||||||||
DELOSIE HOLLAND | ||||||||||||||||||
JOHN EDWARD HOLLAND | ||||||||||||||||||
REPRESENTED BY CHRISTELL LEWIS HOLLAND AS | ||||||||||||||||||
LA-TER0270-009 |
NATURAL TUTRIX | THE ATLANTIC REFINING COMPANY | 8/21/1957 | 58 | 354 | C7315 | LA | Lincoln | ||||||||||
LA-TER0270-010 |
DELIA LEWIS LAFAIR WILKINS | THE ATLANTIC REFINING COMPANY | 10/25/1956 | 58 | 213 | C6925 | LA | Lincoln | ||||||||||
LA-TER0270-011 |
LETHA LEWIS ET AL | THE ATLANTIC REFINING COMPANY | 10/14/1956 | 53 | 587 | C1988 | LA | Lincoln | ||||||||||
LA-TER0270-012 |
EVES HOLLAND | THE ATLANTIC REFINING COMPANY | 8/7/1957 | 58 | 447 | C7452 | LA | Lincoln | ||||||||||
LA-TER0270-013 |
MARVIN HOLLAND | THE ATLANTIC REFINING COMPANY | 10/15/1956 | 53 | 609 | C2014 | LA | Lincoln | ||||||||||
LA-TER0270-014 |
RICHARD LEWIS | THE ATLANTIC REFINING COMPANY | 10/17/1956 | 53 | 611 | C2015 | LA | Lincoln | ||||||||||
LA-TER0270-015 |
JOYCE DYE MILLER ET AL | THE ATLANTIC REFINING COMPANY | 10/18/1956 | 54 | 53 | C2098 | LA | Lincoln | ||||||||||
LA-TER0270-016 |
YOUNG LEWIS | THE ATLANTIC REFINING COMPANY | 10/17/1956 | 54 | 131 | C2202 | LA | Lincoln | ||||||||||
LA-TER0270-017 |
CALVIN HOLLAND | THE ATLANTIC REFINING COMPANY | 10/15/1956 | 54 | 149 | C2263 | LA | Lincoln | ||||||||||
LA-TER0270-018 |
MATTIE LEWIS WHITMORE ET AL | THE ATLANTIC REFINING COMPANY | 10/25/1956 | 54 | 179 | C2328 | LA | Lincoln | ||||||||||
LA-TER0270-019 |
LUVONIA NELSON WILSON | THE ATLANTIC REFINING COMPANY | 10/17/1956 | 54 | 155 | C2287 | LA | Lincoln | ||||||||||
LA-TER0270-020 |
DOROTHY STANDIFER FULLER ET AL | THE ATLANTIC REFINING COMPANY | 10/25/1956 | 54 | 211 | C2371 | LA | Lincoln | ||||||||||
LA-TER0270-021 |
VELMA HOLLAND FORD | THE ATLANTIC REFINING COMPANY | 10/24/1956 | 54 | 219 | C2388 | LA | Lincoln | ||||||||||
LA-TER0270-022 |
LUCENDA LEWIS GOLDSMITH ET AL | THE ATLANTIC REFINING COMPANY | 10/25/1956 | 54 | 421 | C2747 | LA | Lincoln | ||||||||||
LA-TER0270-023 |
F LOWENIA GIBSON WINTERS ET AL | THE ATLANTIC REFINING COMPANY | 10/25/1956 | 54 | 171 | C2319 | LA | Lincoln | ||||||||||
LA-TER0270-024 |
G W DYE | THE ATLANTIC REFINING COMPANY | 10/20/1956 | 54 | 177 | C2327 | LA | Lincoln | ||||||||||
LA-TER0270-025 |
ESTER HOLLAND ET AL | THE ATLANTIC REFINING COMPANY | 10/24/1956 | 54 | 207 | C2370 | LA | Lincoln | ||||||||||
CECIL DYE REPRESENTED BY HIS AGENT AND A-I-F | ||||||||||||||||||
LA-TER0270-026 |
GLEN DYE | THE ATLANTIC REFINING COMPANY | 10/29/1956 | 54 | 217 | C2387 | LA | Lincoln | ||||||||||
LA-TER0270-027 |
SAM DYE | THE ATLANTIC REFINING COMPANY | 12/18/1956 | 55 | 13 | C3222 | LA | Lincoln | ||||||||||
LA-TER0270-028 |
SUSIE C YATES LEWIS ET AL | THE ATLANTIC REFINING COMPANY | 10/22/1956 | 55 | 169 | C3539 | LA | Lincoln | ||||||||||
LA-TER0270-029 |
ELIZABETH LEWIS SMITH | THE ATLANTIC REFINING COMPANY | 11/20/1956 | 56 | 113 | C4742 | LA | Lincoln | ||||||||||
LA-TER0270-030 |
IRA MAE LEWIS VILLA | THE ATLANTIC REFINING COMPANY | 5/20/1957 | 56 | 439 | C5358 | LA | Lincoln | ||||||||||
LA-TER0270-031 |
HERMAN STANDIFER | THE ATLANTIC REFINING COMPANY | 11/16/1956 | 57 | 381 | C6069 | LA | Lincoln | ||||||||||
LA-TER0270-032 |
GEORGIA MARY MCBRIDE | KCS RESOURCES INC | 9/21/2006 | 1216 | 155 | F82450 | LA | Lincoln | ||||||||||
LA-TER0270-033 |
KATHERINE LOUISE MCBRIDE COX | KCS RESOURCES INC | 9/21/2006 | 1216 | 157 | F82451 | LA | Lincoln | ||||||||||
LA-TER0270-034 |
VALERIE DIANE MCBRIDE GRAHAM | KCS RESOURCES INC | 9/21/2006 | 1216 | 159 | F82452 | LA | Lincoln | ||||||||||
LA-TER0270-035 |
OMAH JEAN (OJ) HIGGINS | KCS RESOURCES INC | 9/21/2006 | 1216 | 161 | F82453 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
MARYMAC ASSOCIATES INC | ||||||||||||||||||
LA-TER0270-036 |
JOHN F MCBRIDE VICE PRESIDENT | KCS RESOURCES INC | 9/21/2006 | 1216 | 163 | F82454 | LA | Lincoln | ||||||||||
LA-TER0271-000 |
CLAY ROACH | JOHNIE W ADKINS | 5/19/1956 | 73 | 457 | C94 | LA | Lincoln | ||||||||||
LA-TER0272-001 |
L E PARKER | JOHNIE W ADKINS | 5/21/1956 | 73 | 441 | C87 | LA | Lincoln | ||||||||||
LA-TER0272-002 |
LEON BURKS | JOHNIE W ADKINS | 5/21/1956 | 73 | 513 | C354 | LA | Lincoln | ||||||||||
LA-TER0273-001 |
YOUNG LEWIS | JOHNIE W ADKINS | 5/8/1956 | 73 | 589 | C604 | LA | Lincoln | ||||||||||
LA-TER0273-002 |
JESSIE HUEY ET AL | JOHNIE W. ADKINS | 5/14/1956 | 52 | 553 | C1071 | LA | Lincoln | ||||||||||
LA-TER0274-001 |
THOMAS LEVI MCCRARY | THE ATLANTIC REFINING COMPANY | 10/31/1956 | 54 | 163 | C2291 | LA | Lincoln | ||||||||||
LA-TER0274-002 |
RUBY MCCRARY BEASLEY INDIV AND AS AGENT AND A-I-F FACT FOR BESSIE MCCRARY JONES ET AL | THE ATLANTIC REFINING COMPANY | 11/1/1956 | 54 | 159 | C2289 | LA | Lincoln | ||||||||||
LA-TER0274-003 |
JANIE MCCRARY HEDGEPETH | THE ATLANTIC REFINING COMPANY | 11/1/1956 | 54 | 215 | C2372 | LA | Lincoln | ||||||||||
LA-TER0274-004 |
WILEY MCCRARY | THE ATLANTIC REFINING COMPANY | 11/9/1956 | 54 | 205 | C2366 | LA | Lincoln | ||||||||||
LA-TER0274-005 |
C L MCCRARY ET AL | THE ATLANTIC REFINING COMPANY | 11/13/1956 | 54 | 435 | C2769 | LA | Lincoln | ||||||||||
MARY MCCRARY THOMAS ET AL REPRESENTED BY | 55 | 583 | C4443 | |||||||||||||||
LA-TER0274-006 |
WALTER A CLEMENTS AGENT AND A-I-F | THE ATLANTIC REFINING COMPANY | 11/8/1956 | 59 | 249 | C8253 | LA | Lincoln | ||||||||||
59 | 57 | C7876 | ||||||||||||||||
JOHN CAUWIN MCCRARY BY AND THROUGH DAISY E | 59 | 57 | C7876 | |||||||||||||||
LA-TER0274-007 |
MCCRARY AS NATURAL TUTRIX | THE ATLANTIC REFINING COMPANY | 11/6/1957 | 59 | 57 | C7876 | LA | Lincoln | ||||||||||
60 | 147 | C9108 | ||||||||||||||||
60 | 147 | C9108 | ||||||||||||||||
LA-TER0274-008 |
JAMES L MCCRARY | THE ATLANTIC REFINING COMPANY | 1/23/1958 | 60 | 147 | C9108 | LA | Lincoln | ||||||||||
LA-TER0274-009 |
MARY MARTIN BLACKWOOD | KCS MEDALLION RESOURCES INC | 1/14/1997 | 977 | 1 | 86793 | LA | Lincoln | ||||||||||
LA-TER0274-010 |
GEORGE T JOHNS ET AL | KCS MEDALLION RESOURCES INC | 1/27/1997 | 989 | 49 | 89464 | LA | Lincoln | ||||||||||
LA-TER0274-011 |
DON DURRETT ET UX | OBRIEN OPERATING COMPANY | 9/23/1999 | 1073 | 223 | 16506 | LA | Lincoln | ||||||||||
LA-TER0274-012 |
WAYNE L SIMPSON | OBRIEN OPERATING COMPANY | 9/23/1999 | 1073 | 223 | 16507 | LA | Lincoln | ||||||||||
LA-TER0274-013 |
W LANE MCCRARY ET AL | OBRIEN OPERATING COMPANY | 9/13/1999 | 1079 | 297 | 18141 | LA | Lincoln | ||||||||||
LA-TER0274-014 |
RALPH J MCCRARY ESTATE | OBRIEN OPERATING COMPANY | 5/15/2000 | 1092 | 314 | 21530 | LA | Lincoln | ||||||||||
LA-TER0274-015 |
ROBERT EUGENE JOHNS ET AL | J CURTIS SMITH | 6/30/2000 | 1096 | 189 | 22274 | LA | Lincoln | ||||||||||
LA-TER0274-016 |
CECIL O JOHNS JR | J CURTIS SMITH | 6/30/2000 | 1128 | 254 | F-35642 | LA | Lincoln | ||||||||||
LA-TER0274-017 |
GEORGE JOHNS | J CURTIS SMITH | 8/29/2000 | 1128 | 256 | F-35643 | LA | Lincoln | ||||||||||
LA-TER0275-001 |
E C ATKINS | THE ATLANTIC REFINING COMPANY | 11/1/1956 | 54 | 157 | C2288 | LA | Lincoln | ||||||||||
LA-TER0275-002 |
JOHN L HOOD | THE ATLANTIC REFINING COMPANY | 10/31/1956 | 54 | 161 | C2290 | LA | Lincoln | ||||||||||
LA-TER0275-003 |
JOHN E WARREN | THE ATLANTIC REFINING COMPANY | 11/7/1956 | 54 | 255 | C2450 | LA | Lincoln | ||||||||||
LA-TER0276-000 |
BENJAMIN HOWARD FALLIN JR | HOOD PETROLEUM INC | 7/13/2006 | 1201 | 174 | F76426 | LA | Lincoln | ||||||||||
LESTER L HOOD ET AL | 203 | 249 | ||||||||||||||||
LA-TER0277-000 |
INETA HOOD BAKER | FRANK D RIPPY | 8/13/1976 | 203 | 249 | LA | Lincoln | |||||||||||
203 | 241 | |||||||||||||||||
LA-TER0279-000 |
INETA HOOD BAKER | FRANK D RIPPY | 8/13/1976 | 203 | 241 | LA | Lincoln | |||||||||||
203 | 237 | |||||||||||||||||
203 | 237 | |||||||||||||||||
LA-TER0280-000 |
EVA MYRL ROBINSON BELCHER ET VIR | FRANK D RIPPY | 8/16/1976 | 203 | 237 | LA | Lincoln | |||||||||||
LA-TER0281-000 |
DREW DANIELS | FRANK D RIPPY | 10/14/1976 | 203 | 332 | D-2517 | LA | Lincoln | ||||||||||
LA-TER0282-000 |
JOHN E WALKER ET UX | CLAYTON WILLIAMS ENERGY INC | 4/23/2007 | 1223 | 155 | F85194 | LA | Lincoln | ||||||||||
LIBERTY HILL MISSIONARY BAPTIST CHURCH | ||||||||||||||||||
ALMA GOLDSMITH AS DEACON | ||||||||||||||||||
LA-TER0283-000 |
EARL BROWN AS DEACON | FRANK D RIPPY | 11/16/1976 | 203 | 392 | D-2532 | LA | Lincoln | ||||||||||
LA-TER0290-000 |
DONNY RAY HARRIS ET UX | CLAYTON WILLIAMS ENERGY INC | 7/13/2009 | 1274 | 723 | F105959 | LA | Lincoln | ||||||||||
LA-TER0291-000 |
CARLEVER DANIEL ALLEN | CLAYTON WILLIAMS ENERGY INC | 7/21/2009 | 1274 | 720 | F105958 | LA | Lincoln | ||||||||||
LA-TER0301-000 |
DAVID L WINKLER ET AL | FRANK D RIPPY | 8/16/1976 | 203 | 233 | D-2493 | LA | Lincoln | ||||||||||
LA-TER0302-000 |
STANLEY L JONES | FRANK D RIPPY | 10/6/1976 | 203 | 319 | D-2514 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0303-000 |
NORMAN LAMAR DOWLING | FRANK D RIPPY | 12/7/1976 | 203 | 479 | D-2553 | LA | Lincoln | ||||||||||
LA-TER0304-000 |
MYRA HOOD HOLLINGSWORTH | FRANK D RIPPY | 9/21/1976 | 203 | 287 | D-2506 | LA | Lincoln | ||||||||||
LA-TER0306-000 |
WILLARD DON WALLACE | FRANK D RIPPY | 10/23/1976 | 203 | 364 | D-2525 | LA | Lincoln | ||||||||||
33 | 331 | N-58614 | ||||||||||||||||
33 | 331 | N-58614 | ||||||||||||||||
LA-TER0335-000 |
T L MCCRARY | JOE B CLARK | 3/3/1944 | 33 | 331 | N-58614 | LA | Lincoln | ||||||||||
LA-TER0337-001 |
DR LEE ROY SKINNER JR | ST MARY LAND & EXPL CO | 8/9/2003 | 1152 | 448 | LA | Lincoln | |||||||||||
LA-TER0337-002 |
JAMES C SKINNER | ST MARY LAND & EXPL CO | 8/9/2003 | 51536 | LA | Lincoln | ||||||||||||
LA-TER0337-003 |
DAVID S SKINNER | ST MARY LAND & EXPL CO | 8/9/2003 | 51537 | LA | Lincoln | ||||||||||||
196 | 197 | C-97873 | ||||||||||||||||
LA-TER0338-000 |
PATRICIA E HENDRICKS | FRANK D RIPPY | 3/11/1976 | 196 | 197 | C-97873 | LA | Lincoln | ||||||||||
LA-TER0343-000 |
LEE ROY SKINNER | FRANK D RIPPY | 3/11/1976 | 196 | 189 | LA | Lincoln | |||||||||||
1172 | 454 | 063270 | ||||||||||||||||
1273 | 013 | F105107 | ||||||||||||||||
1172 | 454 | 063270 | ||||||||||||||||
LA-TER0558-000 |
LOUISIANA MINERALS LTD | HOOD PETROLEUM INC | 3/29/2005 | 1272 | 521 | F104946 | LA | Lincoln | ||||||||||
LA-TER0559-000 |
JOSEPH G MITCHELL III | HOOD PETROLEUM INC | 9/22/2005 | 1184 | 365 | F69246 | LA | Lincoln | ||||||||||
LA-TER0560-000 |
VIRGINIA ANN MITCHELL | HOOD PETROLEUM INC | 9/22/2005 | 1184 | 369 | F69247 | LA | Lincoln | ||||||||||
CLEM B FAMILY LIMITED PARTNERSHIP REPRESENTED BY JERRY STEPHEN DREWETT AND MARGIE N | ||||||||||||||||||
LA-TER0561-000 |
DREWETT | R & O ENERGY LLC | 10/10/2007 | 1232 | 649 | F89340 | LA | Lincoln | ||||||||||
328 | 348 | |||||||||||||||||
LA-TER0565-000 |
ELIZABETH STEWART GARNER | UNION TX PETROLEUM CORP | 3/20/1981 | 328 | 348 | LA | Lincoln | |||||||||||
447 OR | ||||||||||||||||||
MURLENE ORESS BRAZZEL BENEDICT | 457 | |||||||||||||||||
NATURAL TUTRIX FOR DEWEY JADELL STEWART & | 253 | 447 OR | ||||||||||||||||
LA-TER0566-000 |
MELYNDA SUE STEWART, HER CHILDREN | ALLIED CHEMICAL CORP | 6/19/1979 | 253 | 457 | LA | Lincoln | |||||||||||
329 | 5 | |||||||||||||||||
LA-TER0567-000 |
LULA MAE STEWART NEILSON | UNION TX PETROLEUM CORP | 3/18/1981 | 329 | 5 | LA | Lincoln | |||||||||||
259 | 238 | |||||||||||||||||
LA-TER0568-000 |
CAROLYN D STEWART ET AL | ALLIED CHEMICAL CORP | 8/6/1979 | 259 | 238 | LA | Lincoln | |||||||||||
204 | 291 | |||||||||||||||||
LA-TER0570-001 |
COURTNEY A REED ET AL | FRANK D RIPPY | 1/3/1977 | 204 | 291 | LA | Lincoln | |||||||||||
203 | 732 | |||||||||||||||||
LA-TER0570-002 |
ZORA PASCHAL ZACHRY ET AL | FRANK D RIPPY | 12/20/1976 | 203 | 732 | LA | Lincoln | |||||||||||
204 | 164 | |||||||||||||||||
LA-TER0570-003 |
RICHARD JEFF ZACHRY ET AL | FRANK D RIPPY | 12/20/1976 | 204 | 164 | LA | Lincoln | |||||||||||
203 | 372 | |||||||||||||||||
LA-TER0571-000 |
J C HENRY ET AL | FRANK D RIPPY | 10/12/1976 | 203 | 372 | LA | Lincoln | |||||||||||
LA-TER0572-001 |
RAYMOND EARL SIMPSON | MICHAEL F MILEY OIL PROPERTIES INC | 2/20/1979 | 246 | 716 | D-19346 | LA | Lincoln | ||||||||||
LA-TER0572-002 |
EVERETT HILL | FRANK D RIPPY | 1/20/1977 | 205 | 21 | D-3153 | LA | Lincoln | ||||||||||
LA-TER0572-003 |
ROSA LEWIS BROOKS | FRANK D RIPPY | 1/14/1977 | 204 | 426 | D-2982 | LA | Lincoln | ||||||||||
LA-TER0572-004 |
MELVIN TERRELL | MERIDIAN OIL INC | 12/8/1994 | 920 | 61 | 74293 | LA | Lincoln | ||||||||||
LA-TER0572-005 |
LUTHER LEWIS | MERIDIAN OIL INC | 12/8/1994 | 920 | 65 | 74294 | LA | Lincoln | ||||||||||
LA-TER0572-006 |
CASCEAL LEWIS THOMAS | MERIDIAN OIL INC | 3/7/1995 | 920 | 123 | 74308 | LA | Lincoln | ||||||||||
240 | 140 | |||||||||||||||||
LA-TER0572-007 |
LEOPHIS SAMPSON GIPSON | MACS OIL & GAS CORP | 11/15/1978 | 275 | 66 | D-25574 | LA | Lincoln | ||||||||||
DONNY RAY LEWIS A MINOR REPRESENTED BY ETHEL | ||||||||||||||||||
LA-TER0572-008 |
M LEWIS HILL AS NATURAL TUTRIX | MICHAEL F MILEY OIL PROPERTIES INC | 2/27/1979 | 257 | 450 | D-22966 | LA | Lincoln | ||||||||||
275 | 82 | |||||||||||||||||
LA-TER0572-009 |
ELEANOR SAMPSON ABNEY | MACS OIL & GAS CORP | 11/15/1978 | 240 | 144 | D25582 | LA | Lincoln | ||||||||||
275 | 74 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0572-010 |
EZEKIEL LEWIS | MACS OIL & GAS CORP | 11/15/1978 | 240 | 152 | D25578 | LA | Lincoln | ||||||||||
LA-TER0572-011 |
REV IODUS H LEWIS | MACS OIL & GAS CORP | 11/15/1978 | 240 | 156 | LA | Lincoln | |||||||||||
275 | 60 | |||||||||||||||||
LA-TER0572-012 |
VERA M MARTIN | MACS OIL & GAS CORP | 11/15/1978 | 240 | 160 | D25571 | LA | Lincoln | ||||||||||
275 | 76 | |||||||||||||||||
LA-TER0572-013 |
ALBERT SAMPSON JR | MACS OIL & GAS CORP | 11/15/1978 | 240 | 164 | D25579 | LA | Lincoln | ||||||||||
275 | 78 | |||||||||||||||||
LA-TER0572-014 |
ANDREW LEWIS | MACS OIL & GAS CORP | 11/15/1978 | 240 | 168 | D25580 | LA | Lincoln | ||||||||||
275 | 58 | D25570 | ||||||||||||||||
LA-TER0572-015 |
SYBLE LEE SAMPSON SERRELL | MACS OIL & GAS CORP | 11/15/1978 | 240 | 172 | D16942 | LA | Lincoln | ||||||||||
275 | 56 | D25569 | ||||||||||||||||
LA-TER0572-016 |
VICTORIA SAMPSON MINOR | MACS OIL & GAS CORP | 11/15/1978 | 240 | 176 | D16943 | LA | Lincoln | ||||||||||
240 | 184 | |||||||||||||||||
LA-TER0572-017 |
MILDRED HOLMAN | MACS OIL & GAS CORP | 11/15/1978 | 275 | 72 | D-25577 | LA | Lincoln | ||||||||||
275 | 68 | |||||||||||||||||
LA-TER0572-018 |
MELVIN R SAMPSON | MACS OIL & GAS CORP | 11/15/1978 | 240 | 188 | D25575 | LA | Lincoln | ||||||||||
275 | 62 | D25572 | ||||||||||||||||
LA-TER0572-019 |
QUINCY D SAMPSON | MACS OIL & GAS CORP | 11/15/1978 | 240 | 192 | D-16947 | LA | Lincoln | ||||||||||
275 | 64 | D25573 | ||||||||||||||||
LA-TER0572-020 |
THERESA PINE | MACS OIL & GAS CORP | 11/15/1978 | 240 | 196 | D16948 | LA | Lincoln | ||||||||||
240 | 442 | D-17079 | ||||||||||||||||
LA-TER0572-021 |
DOYLE L LEWIS | MACS OIL & GAS CORP | 11/22/1978 | 275 | 70 | D-25576 | LA | Lincoln | ||||||||||
LA-TER0572-022 |
HERMAN E DAY | MERIDIAN OIL INC | 12/8/1994 | 920 | 73 | 74296 | LA | Lincoln | ||||||||||
LA-TER0572-023 |
PECOLIA DAY BROWN | MERIDIAN OIL INC | 12/8/1994 | 920 | 77 | 74297 | LA | Lincoln | ||||||||||
LA-TER0572-024 |
ANDREW C DAY | MERIDIAN OIL INC | 12/8/1994 | 920 | 81 | 74298 | LA | Lincoln | ||||||||||
LA-TER0572-025 |
JESSIE LEWIS CARTER | MERIDIAN OIL INC | 3/7/1995 | 920 | 111 | E-74305 | LA | Lincoln | ||||||||||
LA-TER0572-026 |
PRENTICE R HILL | MERIDIAN OIL INC | 12/8/1994 | 920 | 57 | E74292 | LA | Lincoln | ||||||||||
LA-TER0573-000 |
WILLIAMETTE INDUSTRIES INC | FRANK D RIPPY | 5/26/1977 | 247 | 235 | D-19515 | LA | Lincoln | ||||||||||
LA-TER0574-001 |
DHU DOWLING ET AL | MERIDIAN OIL INC | 11/10/1994 | 920 | 154 | 74315 | LA | Lincoln | ||||||||||
LA-TER0574-002 |
ELDON M HOSFORD JR ET AL | MERIDIAN OIL INC | 11/10/1994 | 920 | 150 | 74314 | LA | Lincoln | ||||||||||
ELIZABETH J J WEINGART | ||||||||||||||||||
LA-TER0574-003 |
AKA ELIZABETH JANE WEINGART | MERIDIAN OIL INC | 11/10/1994 | 920 | 146 | 74313 | LA | Lincoln | ||||||||||
LA-TER0575-001 |
JERRY STEPHEN DREWETT ET AL | MERIDIAN OIL INC | 11/11/1994 | 920 | 141 | 74312 | LA | Lincoln | ||||||||||
LA-TER0575-002 |
JOHN COLVIN DREWETT | MERIDIAN OIL INC | 11/11/1994 | 920 | 136 | 74311 | LA | Lincoln | ||||||||||
LA-TER0575-003 |
PATTON BARHAM DREWETT ET AL | MERIDIAN OIL INC | 11/11/1994 | 920 | 131 | 74310 | LA | Lincoln | ||||||||||
LA-TER0576-001 |
ELDEN M HOSFORD JR ET AL | MERIDIAN OIL INC | 11/10/1994 | 920 | 49 | 74290 | LA | Lincoln | ||||||||||
ELIZABETH J H WEINGART | ||||||||||||||||||
LA-TER0576-002 |
AKA ELIZABETH JANE WEINGART | MERIDIAN OIL INC | 11/10/1994 | 920 | 53 | 74291 | LA | Lincoln | ||||||||||
LA-TER0576-003 |
DHU DOWLING ET AL | MERIDIAN OIL INC | 11/10/1994 | 920 | 45 | 74289 | LA | Lincoln | ||||||||||
LA-TER0577-000 |
ELLA MAE HASSELL ET AL | FRANK D RIPPY | 10/5/1976 | 203 | 315 | D-2513 | LA | Lincoln | ||||||||||
LA-TER0578-000 |
MURPHY EARL PICKETT ET UX | ALLIED CHEMICAL CORPORATION | 8/27/1979 | 256 | 20 | D-22476 | LA | Lincoln | ||||||||||
203 | 253 | D-2498 | ||||||||||||||||
203 | 253 | D-2498 | ||||||||||||||||
LA-TER0579-001 |
GEORGE H DYE | FRANK D RIPPY | 8/13/1976 | 203 | 253 | D-2498 | LA | Lincoln | ||||||||||
LA-TER0579-002 |
RENFORD COLE ELLIS ET UX | ALLIED CHEMICAL CORPORATION | 8/12/1977 | 216 | 528 | D-7700 | LA | Lincoln | ||||||||||
LA-TER0579-003 |
PETER REPPETO ET UX | MERIDAIN OIL INC | 3/10/1995 | 920 | 166 | 74318 | LA | Lincoln | ||||||||||
LA-TER0579-004 |
JOSEPH C ELLIS ET UX | MERIDAIN OIL INC | 4/12/1996 | 952 | 222 | 81301 | LA | Lincoln | ||||||||||
LA-TER0579-005 |
TRUMAN A POTTS ET UX | MERIDAIN OIL INC | 3/17/1995 | 920 | 162 | 74317 | LA | Lincoln | ||||||||||
LA-TER0579-006 |
RICHARD H SPRINGER ET UX | MERIDAIN OIL INC | 4/12/1995 | 920 | 158 | E-74316 | LA | Lincoln | ||||||||||
LA-TER0579-007 |
JAMES ALBERT MONK ET AL | SCHOEFFLER ENERGY LLC | 3/26/2013 | 1328 | 658 | F132381 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0579-008 |
WILLIAM THOMAS BURT ET UX | SCHOEFFLER ENERGY LLC | 5/1/2013 | 1326 | 829 | F131505 | LA | Lincoln | ||||||||||
LA-TER0579-009 |
BILLY TROY JONES JR ET UX | SCHOEFFLER ENERGY LLC | 3/19/2013 | 1326 | 569 | F131378 | LA | Lincoln | ||||||||||
NEW LIBERTY HILL BAPTIST CHURCH REPRESENTED BY | ||||||||||||||||||
LA-TER0581-000 |
T OLIVER WASHINGTON AND WILLIAM HILL | ALLIED CHEMICAL CORPORATION | 12/2/1977 | 222 | 239 | LA | Lincoln | |||||||||||
LA-TER0585-000 |
BERNIE SINGLETON WILLIAMS | FRANK D RIPPY | 11/10/1976 | 203 | 614 | D-2640 | LA | Lincoln | ||||||||||
LA-TER0586-000 |
NORMAN LAMAR DOWLING ET AL | FRANK D RIPPY | 1/3/1977 | 204 | 172 | D-2830 | LA | Lincoln | ||||||||||
LA-TER0587-000 |
KATHCO INC | FRANK D RIPPY | 10/21/1976 | 203 | 599 | D-2637 | LA | Lincoln | ||||||||||
LA-TER0588-000 |
D N MOON | HUNT ENERGY CORPORATION | 7/9/1976 | 201 | 63 | D-1393 | LA | Lincoln | ||||||||||
LA-TER0589-000 |
JOHNNIE M TATUM | HUNT ENERGY CORP | 7/9/1976 | 200 | 574 | D-1186 | LA | Lincoln | ||||||||||
LA-TER0590-000 |
BRYON E HAMMON | HUNT ENERGY CORPORATION | 7/9/1976 | 200 | 582 | D-1189 | LA | Lincoln | ||||||||||
LA-TER0591-000 |
MAVIS HAMMON SPAIN | HUNT ENERGY CORPORPORATION | 7/13/1976 | 200 | 569 | D-1185 | LA | Lincoln | ||||||||||
LA-TER0592-001 |
GEORGE W HENRY | HUNT ENERGY CORPORATION | 7/14/1976 | 200 | 561 | D-1183 | LA | Lincoln | ||||||||||
LA-TER0592-002 |
BENNIE HENRY HOLSTEAD | HUNT ENERGY CORPORATION | 7/9/1976 | 200 | 565 | D-1184 | LA | Lincoln | ||||||||||
LA-TER0593-001 |
ROBERT H WICK | HUNT ENERGY CORPORATION | 4/15/1980 | 311 | 127 | D-31062 | LA | Lincoln | ||||||||||
LA-TER0593-002 |
RALPH WICK | HUNT ENERGY CORPORATION | 4/15/1980 | 311 | 111 | D-31058 | LA | Lincoln | ||||||||||
LA-TER0593-003 |
EDNA MILLET ZERINGUE ET AL | HUNT ENERGY CORPORATION | 3/6/1980 | 311 | 82 | D-31052 | LA | Lincoln | ||||||||||
LA-TER0593-004 |
CLARA FULLER TOBIN | HUNT ENERGY CORPORATION | 11/27/1979 | 267 | 258 | D-24449 | LA | Lincoln | ||||||||||
LA-TER0593-005 |
JACK H ROMAIN ET UX | GENE T OLIVER | 11/1/1979 | 265 | 337 | D-24257 | LA | Lincoln | ||||||||||
LA-TER0593-006 |
RUDOLPH J ROBERT | HUNT ENERGY CORP | 10/6/1981 | 352 | 217 | D-37876 | LA | Lincoln | ||||||||||
LA-TER0593-007 |
VIRGINIA HENDERSON SAGE | HUNT ENERGY CORPORATION | 4/15/1980 | 311 | 103 | D-31056 | LA | Lincoln | ||||||||||
LA-TER0593-008 |
C E SHELOR | FRANK BRIGHT | 9/24/1979 | 266 | 52 | D-24278 | LA | Lincoln | ||||||||||
LA-TER0593-009 |
JOEL LOUIS DOWLING ET AL | FRANK BRIGHT | 9/27/1979 | 266 | 39 | LA | Lincoln | |||||||||||
LA-TER0593-010 |
ROBERT WILLIAM MONDY | FRANK BRIGHT | 9/25/1979 | 266 | 43 | LA | Lincoln | |||||||||||
LA-TER0593-011 |
EVA MOON WARTENBERG | HUNT ENERGY CORPORATION | 11/27/1979 | 267 | 234 | LA | Lincoln | |||||||||||
LA-TER0593-012 |
SHIRLEY A FULLER ET AL | FRANK BRIGHT | 9/27/1979 | 283 | 145 | LA | Lincoln | |||||||||||
LA-TER0593-013 |
DANIEL NEIL MOON ET AL | UNION TEXAS PETROLEUM CORPORATION | 8/13/1980 | 308 | 11 | LA | Lincoln | |||||||||||
LA-TER0593-014 |
PEGGY STRAUSS GREENBAUM | HUNT ENERGY CORPORATION | 4/9/1980 | 311 | 99 | LA | Lincoln | |||||||||||
LA-TER0593-015 |
JEAN STRAUSS MINTZ | HUNT ENERGY CORPORATION | 4/9/1980 | 311 | 131 | LA | Lincoln | |||||||||||
LA-TER0593-016 |
CLIFFORD M STRAUSS | HUNT ENERGY CORPORATION | 4/1/1980 | 311 | 74 | LA | Lincoln | |||||||||||
LA-TER0593-017 |
MILTON GORN | FRANK BRIGHT | 10/3/1979 | 283 | 137 | LA | Lincoln | |||||||||||
DOROTHY SLOCUM MASUR | ||||||||||||||||||
LA-TER0593-018 |
REPRESENTED BY RALPH W KENNEDY AS POA | HUNT ENERGY CORPORATION | 3/26/1980 | 311 | 86 | LA | Lincoln | |||||||||||
LA-TER0593-019 |
JACK MASUR | FRANK BRIGHT | 10/3/1979 | 283 | 149 | LA | Lincoln | |||||||||||
CARMA SINGLETON COOK AKA CARMA S COOK ET VIR | 267 | 266 | ||||||||||||||||
LA-TER0593-020 |
RAYEBURN G COOK | HUNT ENERGY CORPORATION | 9/15/1979 | 267 | 266 | LA | Lincoln | |||||||||||
267 | 250 | |||||||||||||||||
LA-TER0593-021 |
DEWEY HOUGH SINGLETON ET UX | RAYEBURN G. COOK | 9/15/1978 | 267 | 250 | LA | Lincoln | |||||||||||
CLIFFORD H GREENBAUM | ||||||||||||||||||
REPRESENTED BY JAMES R GREENBALUM AS AGENT | ||||||||||||||||||
LA-TER0593-022 |
AND A-I-F | GENE T OLIVER | 11/27/1979 | 270 | 1 | LA | Lincoln | |||||||||||
LA-TER0593-023 |
ROBERT S GREENBAUM | GENE T OLIVER | 11/27/1979 | 269 | 350 | LA | Lincoln | |||||||||||
LA-TER0593-024 |
CAROLYN ROSE MINTZ | GENE T OLIVER | 11/27/1979 | 270 | 9 | LA | Lincoln | |||||||||||
LA-TER0593-025 |
MORRIS FRED MINTZ | GENE T OLIVER | 11/27/1979 | 270 | 5 | LA | Lincoln | |||||||||||
LA-TER0593-026 |
O M MORRISON ET AL | HUNT ENERGY CORPORATION | 3/19/1980 | 311 | 95 | LA | Lincoln | |||||||||||
LA-TER0593-027 |
HELEN WICK MCWHIRT | HUNT ENERGY CORPORATION | 4/15/1980 | 311 | 123 | LA | Lincoln | |||||||||||
LA-TER0593-028 |
HAZEL CROMER MILLET ET AL | HUNT ENERGY CORPORATION | 3/6/1980 | 311 | 78 | LA | Lincoln | |||||||||||
LA-TER0593-029 |
J B MILAM JR | HUNT ENERGY CORPORATION | 10/18/1979 | 267 | 262 | LA | Lincoln | |||||||||||
LA-TER0593-030 |
MEREDITH BARCLAY GRISAFFI ET AL | HUNT ENERGY CORPORATION | 3/6/1980 | 283 | 141 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0593-031 |
HAROLD LEE | HUNT ENERGY CORPORATION | 4/15/1980 | 311 | 107 | LA | Lincoln | |||||||||||
LA-TER0593-032 |
BETTY MILLET LOUCKS | HUNT ENERGY CORPORATION | 6/29/1981 | 340 | 131 | LA | Lincoln | |||||||||||
LA-TER0593-033 |
W H FIORELLA SR ET AL | HUNT ENERGY CORPORATION | 11/28/1979 | 267 | 230 | LA | Lincoln | |||||||||||
LA-TER0593-034 |
JAMES ROY FULLER JR | HUNT ENERGY CORPORATION | 11/27/1979 | 267 | 254 | LA | Lincoln | |||||||||||
LA-TER0593-035 |
JOHN ROBERT | GENE T OLIVER | 11/5/1979 | 263 | 184 | LA | Lincoln | |||||||||||
LA-TER0593-036 |
J C NANCE SR ET AL | HUNT ENERGY CORPORATION | 1/22/1982 | 368 | 195 | LA | Lincoln | |||||||||||
LA-TER0593-037 |
MARC L ROBERT ET AL | HUNT ENERGY CORPORATION | 11/29/1979 | 267 | 238 | LA | Lincoln | |||||||||||
283 | 153 | |||||||||||||||||
LA-TER0593-038 |
RAYMOND J ROBERT SR | HUNT ENERGY CORPORATION | 3/6/1980 | 291 | 152 | 27854 | LA | Lincoln | ||||||||||
LA-TER0593-039 |
CRAIG BARCLAY | HUNT ENERGY CORPORATION | 3/17/1980 | 311 | 70 | LA | Lincoln | |||||||||||
LA-TER0593-040 |
HELEN LEE BISHOP | HUNT ENERGY CORPORATION | 4/15/1980 | 311 | 119 | LA | Lincoln | |||||||||||
LA-TER0593-041 |
JUDITH FULLER NAJOLIA | HUNT ENERGY CORPORATION | 11/28/1979 | 267 | 270 | LA | Lincoln | |||||||||||
LA-TER0593-042 |
JAMES R GREENBAUM JR | GENE T OLIVER | 11/27/1979 | 269 | 354 | D-24825 | LA | Lincoln | ||||||||||
LA-TER0597-000 |
BARBARA TAYLOR CAMP ET AL | FRANK BRIGHT | 9/21/1979 | 266 | 47 | LA | Lincoln | |||||||||||
267 | 246 | |||||||||||||||||
LA-TER0601-001 |
ANNA DORIS SINGLETON | RAYEBURN G COOK | 9/15/1979 | 267 | 246 | LA | Lincoln | |||||||||||
LA-TER0601-002 |
PAULINE BARHAM DREWETT | HUNT ENERGY CORPORATION | 9/11/1979 | 258 | 321 | LA | Lincoln | |||||||||||
LA-TER0604-000 |
WAYNE FALLIN ET AL | FRANK D RIPPY | 9/22/1976 | 203 | 282 | D-2505 | LA | Lincoln | ||||||||||
203 | 291 | D-2507 | ||||||||||||||||
LA-TER0605-000 |
KATIE HOOD ET AL | FRANK D RIPPY | 9/22/1976 | 909 | 166 | E-72270 | LA | Lincoln | ||||||||||
LA-TER0606-000 |
ARDELIA HARRIS THOMPSON ET AL | R L SKINNER | 4/12/1949 | 50 | 135 | N-87977 | LA | Lincoln | ||||||||||
LA-TER0607-000 |
JOHN L HOOD | HOWARD W WRIGHT JR | 9/5/1951 | 59 | 379 | 108077 | LA | Lincoln | ||||||||||
202 | 172 | D-1966 | ||||||||||||||||
LA-TER0608-000 |
LORAINE NOBLES EARLY HOWARD | IMC EXPLORATION COMPANY | 10/21/1976 | 202 | 172 | D-1966 | LA | Lincoln | ||||||||||
LA-TER0615-000 |
D L SANFORD ET UX | FRANK D RIPPY | 10/14/1976 | 203 | 336 | D-2518 | LA | Lincoln | ||||||||||
NOVIS HENRY GALLOWAY | ||||||||||||||||||
LA-TER0777-000 |
WILLARD DONALD WALLACE CURATOR | GENE T OLIVER | 11/14/1979 | 263 | 305 | D-23961 | LA | Lincoln | ||||||||||
203 | 269 | D-2502 | ||||||||||||||||
203 | 269 | D-2502 | ||||||||||||||||
LA-TER0780-001 |
PAULINE BARHAM DREWETT ET AL | FRANK D RIPPY | 10/7/1976 | 203 | 269 | D-2502 | LA | Lincoln | ||||||||||
LA-TER0780-002 |
JOYCE DYE MILLER | FRANK D RIPPY | 9/3/1976 | 203 | 261 | D-2500 | LA | Lincoln | ||||||||||
LA-TER0780-003 |
JEWEL DYE BOWDEN | FRANK D RIPPY | 9/3/1976 | 203 | 257 | D-2499 | LA | Lincoln | ||||||||||
LA-TER0780-004 |
MAYCE G SEHON ET AL | FRANK D RIPPY | 9/20/1976 | 203 | 274 | D-2503 | LA | Lincoln | ||||||||||
LA-TER0780-005 |
G W DYE | FRANK D RIPPY | 10/28/1976 | 203 | 610 | D-2639 | LA | Lincoln | ||||||||||
LA-TER0780-006 |
MAURICE DYE ET AL | FRANK D RIPPY | 11/18/1976 | 203 | 419 | D-2538 | LA | Lincoln | ||||||||||
LA-TER0780-007 |
JEWEL DYE BOWDEN | FRANK D RIPPY | 12/18/1978 | 243 | 108 | D-17926 | LA | Lincoln | ||||||||||
LA-TER0780-008 |
GEORGE H DYE | FRANK D RIPPY | 9/1/1976 | 203 | 265 | D-2501 | LA | Lincoln | ||||||||||
LA-TER0780-009 |
CHARLES E SHELOR | FRANK D RIPPY | 10/21/1976 | 203 | 405 | D-2535 | LA | Lincoln | ||||||||||
LA-TER0780-010 |
GEORGE STANDIFER | FRANK D RIPPY | 11/17/1976 | 203 | 401 | D-2534 | LA | Lincoln | ||||||||||
LA-TER0780-011 |
OTIS LEON HILL | FRANK D RIPPY | 11/17/1976 | 203 | 475 | D-2552 | LA | Lincoln | ||||||||||
LA-TER0780-012 |
SUE BARMORE COOK | FRANKS PETROLEUM INC | 4/11/1979 | 248 | 157 | D-19835 | LA | Lincoln | ||||||||||
LA-TER0782-000 |
LOUISIANA MINERALS LTD | HOOD PETROLEUM, INC. | 3/29/2005 | 1172 | 462 | PTREL F104947 | LA | Lincoln | ||||||||||
LA-TER0783-000 |
JOHN W DYE | RAYEBURN G COOK | 9/15/1979 | 267 | 242 | LA | Lincoln | |||||||||||
LA-TER0786-001 |
ROSSETTA GARNER BISSIC ET AL | IMC EXPLORATION CO | 11/11/1976 | 202 | 600 | LA | Lincoln | |||||||||||
LA-TER0786-P02 |
L C BISSIC | IMC EXPLORATION CO | 10/16/1979 | 274 | 51 | LA | Lincoln | |||||||||||
LA-TER0797-000 |
NORMAN LAMAR DOWLING ET AL | FRANK D RIPPY | 1/3/1977 | 204 | 192 | D-2834 | LA | Lincoln | ||||||||||
LA-TER0798-000 |
YOUNGSTOWN SHEET AND TUBE COMPANY | FRANK D RIPPY | 9/8/1976 | 203 | 323 | D-2515 | LA | Lincoln | ||||||||||
LA-TER0808-000 |
DAVID WARREN TRUSSELL ET AL | ENSIGHT ENERGY PARTNERS LP | 5/6/2003 | 1149 | 61 | 49105 | LA | Lincoln | ||||||||||
LA-TER0809-001 |
LOUISE TRUSSELL NORRIS GLADNEY | ENSIGHT ENERGY PARTNERS LP | 10/10/2003 | 1151 | 792 | 51137 | LA | Lincoln | ||||||||||
LA-TER0810-001 |
LOIS TRUSSELL BAREMORE ET AL | ENSIGHT ENERGY PARTNERS LP | 6/27/2003 | 1149 | 67 | 49107 | LA | Lincoln | ||||||||||
LA-TER0810-002 |
JOHN PAUL BAREMORE | ENSIGHT ENERGY PARTNERS LP | 6/27/2003 | 1151 | 82 | F-50502 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0810-003 |
IVY ELIZABETH BAREMORE | ENSIGHT ENERGY PARTNERS LP | 6/27/2003 | 1149 | 610 | 49439 | LA | Lincoln | ||||||||||
LA-TER0811-000 |
DON MARVIN MCGEHEE ET UX | ENSIGHT ENERGY PARTNERS LP | 6/6/2003 | 1149 | 64 | 49106 | LA | Lincoln | ||||||||||
LA-TER0812-000 |
CHARLES STANLEY BALDWIN ET UX | ENSIGHT ENERGY PARTNERS LP | 1/11/2003 | 1149 | 91 | 49112 | LA | Lincoln | ||||||||||
LA-TER0813-001 |
ROBERT LANE PITTARD | ENSIGHT ENERGY PARTNERS LP | 1/11/2003 | 1149 | 83 | 49110 | LA | Lincoln | ||||||||||
LA-TER0813-002 |
CAROL ANN PITTARD ANDERSON | ENSIGHT ENERGY PARTNERS LP | 3/6/2003 | 1149 | 75 | 49108 | LA | Lincoln | ||||||||||
LA-TER0813-003 |
CALVIN JOSEPH BRISCOE JR | ENSIGHT ENERGY PARTNERS LP | 1/11/2003 | 1149 | 79 | 49109 | LA | Lincoln | ||||||||||
LA-TER0813-004 |
JESSICA CHRISTINE BRISCOE SCHROCK | ENSIGHT ENERGY PARTNERS LP | 1/11/2003 | 1149 | 87 | 49111 | LA | Lincoln | ||||||||||
LA-TER0814-000 |
CHARLES RAYMOND HAWKINS | ENSIGHT ENERGY PARTNERS LP | 4/4/2003 | 1151 | 80 | 50501 | LA | Lincoln | ||||||||||
1149 | 52 | 049102 | ||||||||||||||||
LA-TER0815-001 |
MINNIE ESTELLE M SKINNER ET AL | ENSIGHT ENERGY PARTNERS LP | 12/10/2002 | 1149 | 52 | 049102 | LA | Lincoln | ||||||||||
1149 | 55 | 049103 | ||||||||||||||||
LA-TER0815-002 |
JOYCE SKINNER BRAZZEL | ENSIGHT ENERGY PARTNERS LP | 12/10/2002 | 1149 | 55 | 049103 | LA | Lincoln | ||||||||||
1149 | 58 | 049104 | ||||||||||||||||
LA-TER0815-003 |
GLORIA JEAN SKINNER THOMAS | ENSIGHT ENERGY PARTNERS LP | 12/10/2002 | 1149 | 58 | 049104 | LA | Lincoln | ||||||||||
LA-TER0816-001 |
WILLIAM MICHAEL GOSDIN | ENSIGHT ENERGY PARTNERS LP | 12/10/2002 | 1149 | 46 | 49100 | LA | Lincoln | ||||||||||
LA-TER0816-002 |
STEPHEN LEE GOSDIN | ENSIGHT ENERGY PARTNERS LP | 12/10/2002 | 1149 | 43 | 49099 | LA | Lincoln | ||||||||||
LA-TER0816-003 |
JOHN DAVID GOSDIN | ENSIGHT ENERGY PARTNERS LP | 12/10/2002 | 1149 | 40 | 49098 | LA | Lincoln | ||||||||||
LA-TER0816-004 |
LISA GOSDIN SMITH | ENSIGHT ENERGY PARTNERS LP | 12/10/2002 | 1149 | 49 | 49101 | LA | Lincoln | ||||||||||
1149 | 145 | 049163 | ||||||||||||||||
LA-TER0817-001 |
KENNETH W BREWSTER ET UX | ENSIGHT ENERGY PARTNERS LP | 8/1/2003 | 1149 | 145 | 049163 | LA | Lincoln | ||||||||||
1149 | 149 | 0149164 | ||||||||||||||||
LA-TER0817-002 |
EDWARD ERVIN TINSLEY | ENSIGHT ENERGY PARTNERS LP | 7/29/2003 | 1149 | 149 | 049164 | LA | Lincoln | ||||||||||
1149 | 95 | 049113 | ||||||||||||||||
LA-TER0817-003 |
GERALDINE TINSLEY AUTREY | ENSIGHT ENERGY PARTNERS LP | 4/30/2003 | 1149 | 95 | 049113 | LA | Lincoln | ||||||||||
LA-TER0817-004 |
MAXINE TINSLEY HOTLZCLAW | ENSIGHT ENERGY PARTNERS LP | 5/1/2003 | 1149 | 99 | 49114 | LA | Lincoln | ||||||||||
LA-TER0817-005 |
RHONDA TINSLEY POPE | ROBERT E MCKELLAR | 9/20/2003 | 1151 | 716 | F51058 | LA | Lincoln | ||||||||||
LA-TER0817-006 |
SHERRI TINSLEY SHARP | ROBERT E MCKELLAR | 9/20/2003 | 1151 | 734 | F51078 | LA | Lincoln | ||||||||||
LA-TER0818-000 |
DANNY C HOLTZCLAW ET UX | ENSIGHT ENERGY PARTNERS LP | 5/1/2003 | 1149 | 103 | 49115 | LA | Lincoln | ||||||||||
973 | 135 | 085908 | ||||||||||||||||
LA-TER0820-001 |
LOUISIANA UNITED METHODIST CHILDREN | INTERCOAST OIL AND GAS COMPANY | 11/5/1996 | 973 | 135 | 085908 | LA | Lincoln | ||||||||||
LA-TER0820-002 |
GEORGE A PETERKIN JR ET AL | OBRIEN OPERATING COMPANY | 5/18/2000 | 1092 | 316 | 21531 | LA | Lincoln | ||||||||||
LA-TER0820-003 |
CELESTINE FAVROT ARNDT | J CURTIS SMITH | 6/30/2000 | 1096 | 187 | 22273 | LA | Lincoln | ||||||||||
LA-TER0824-001 |
BETTY ANNE SHELOR MORRIS | KCS MEDALLION RESOURCES INC | 2/13/1997 | 980 | 50 | 87430 | LA | Lincoln | ||||||||||
LA-TER0824-002 |
W LANE MCCRARY | KCS MEDALLION RESOURCES INC. | 1/31/1997 | 980 | 58 | 87432 | LA | Lincoln | ||||||||||
LA-TER0824-003 |
JERRY G MCCRARY | KCS MEDALLION RESOURCES INC | 1/31/1997 | 980 | 54 | 87431 | LA | Lincoln | ||||||||||
LA-TER0824-004 |
SARA GENE MCCRARY MOORE ET AL | KCS MEDALLION RESOURCES INC | 1/31/1997 | 980 | 62 | 87433 | LA | Lincoln | ||||||||||
LA-TER0824-005 |
RALPH J MCCRARY | KCS MEDALLION RESOURCES INC | 2/4/1997 | 980 | 66 | 87434 | LA | Lincoln | ||||||||||
LA-TER0824-006 |
EDWIN L MCCRARY | KCS MEDALLION RESOURCES INC | 2/4/1997 | 980 | 70 | 87435 | LA | Lincoln | ||||||||||
LA-TER0824-007 |
SONDRA MCCRARY CLARK ET VIR | KCS MEDALLION RESOURCES INC | 1/31/1997 | 981 | 1 | 87626 | LA | Lincoln | ||||||||||
LA-TER0824-008 |
KERRY M REIS ET AL | KCS MEDALLION RESOURCES INC | 2/26/1997 | 981 | 5 | 87627 | LA | Lincoln | ||||||||||
LA-TER0824-009 |
CHARLOTTE MCCRARY RIDDEL | KCS MEDALLION RESOURCES INC | 1/31/1997 | 983 | 266 | 88203 | LA | Lincoln | ||||||||||
LA-TER0824-010 |
CHARLES F SHELOR | KCS MEDALLION RESOURCES INC | 2/12/1997 | 983 | 270 | 88204 | LA | Lincoln | ||||||||||
LA-TER0824-011 |
MARY LYNN CASON | OBRIEN OPERATING COMPANY | 5/15/2000 | 1092 | 312 | 21529 | LA | Lincoln | ||||||||||
LA-TER0824-012 |
ANNIE RAY MCGOWEN | OBRIEN OPERATING COMPANY | 5/10/2000 | 1092 | 310 | 21528 | LA | Lincoln | ||||||||||
981 | 9 | 087628 | ||||||||||||||||
LA-TER0825-001 |
BOBBY GEORGE MCCULLIN | KCS MEDALLION RESOURCES INC | 1/24/1997 | 981 | 9 | 087628 | LA | Lincoln | ||||||||||
981 | 14 | 087629 | ||||||||||||||||
LA-TER0825-002 |
CONNIE A WATTS | KCS MEDALLION RESOURCES INC | 1/24/1997 | 981 | 14 | 087629 | LA | Lincoln | ||||||||||
1082 | 160 | 018794 | ||||||||||||||||
LA-TER0825-003 |
JAMES GORDON MCCULLIN | OBRIEN OPERATING COMPANY | 1/29/2000 | 1082 | 160 | 018794 | LA | Lincoln | ||||||||||
1185 | 780 | F69819 | ||||||||||||||||
1185 | 780 | F69819 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER0825-005 |
BOBBY GEORGE MCCULLIN ET AL | ENSIGHT III ENERGY PARTNERS LP | 10/13/2005 | 1185 | 780 | F69819 | LA | Lincoln | ||||||||||
1313 | 862 | F124372 | ||||||||||||||||
1322 | 800 | F129117 | ||||||||||||||||
1313 | 862 | F124372 | ||||||||||||||||
LA-TER0827-000 |
WEYERHAEUSER COMPANY ET AL | WILDHORSE RESOURCES LLC | 5/25/2012 | 1322 | 800 | F129117 | LA | Lincoln | ||||||||||
LOUISIANA UNITED METHODIST CHILDREN AND | ||||||||||||||||||
FAMILY SERVICES INC | 1305 | 979 | F120424 | |||||||||||||||
LA-TER0845-000 |
REPRESENTED BY TERREL DEVILLE | WILDHORSE RESOURCES LLC | 4/27/2011 | 1305 | 979 | F120424 | LA | Lincoln | ||||||||||
LA-TER0846-000 |
PULPWOOD PRODUCERS INC | WILDHORSE RESOURCES LLC | 5/2/2011 | 1305 | 770 | F120382 | LA | Lincoln | ||||||||||
1305 | 850 | F120399 | ||||||||||||||||
LA-TER0847-001 |
DEBBIE JEAN AUSTIN WILLIAMSON ET AL | WILDHORSE RESOURCES LLC | 7/26/2011 | 1305 | 850 | F120399 | LA | Lincoln | ||||||||||
LA-TER0847-002 |
DONALD MORGAN MITCHELL | CLAYTON WILLIAMS ENERGY INC | 12/16/2008 | 1267 | 568 | F102621 | LA | Lincoln | ||||||||||
LA-TER0848-001 |
TAMMY JO DOWLING STRAKOS | WILDHORSE RESOURCES LLC | 5/11/2011 | 1305 | 923 | F120414 | LA | Lincoln | ||||||||||
LA-TER0848-002 |
JAMES RUSSELL DOWLING | WILDHORSE RESOURCES LLC | 5/11/2011 | 1305 | 917 | F120413 | LA | Lincoln | ||||||||||
LA-TER0848-003 |
CODY DHUWAYNE DOWLING | WILDHORSE RESOURCES LLC | 5/11/2011 | 1305 | 929 | F120415 | LA | Lincoln | ||||||||||
LA-TER0849-000 |
LOUISIANA MINERALS LTD | WILDHORSE RESOURCES LLC | 7/5/2011 | 1305 | 696 | F120365 | LA | Lincoln | ||||||||||
LA-TER0850-000 |
STEPHEN ROBERT NUTT | WILDHORSE RESOURCES LLC | 7/1/2011 | 1305 | 830 | F120394 | LA | Lincoln | ||||||||||
LA-TER0851-000 |
GARY WAYNE MAXWELL ET UX | WILDHORSE RESOURCES LLC | 7/1/2011 | 1305 | 834 | F120395 | LA | Lincoln | ||||||||||
LA-TER0852-000 |
JOHN C MORRIS III ET AL | WILDHORSE RESOURCES LLC | 6/5/2012 | 1314 | 298 | F124544 | LA | Lincoln | ||||||||||
1227 | 109 | F86954 | ||||||||||||||||
LA-TER0853-000 |
WEYERHAEUSER COMPANY | BROAD OAK ENERGY INC | 4/30/2007 | 1227 | 173 | F107182 | LA | Lincoln | ||||||||||
LA-TER0869-001 |
JEFFREY RAY THOMAS ET UX | WILDHORSE RESOURCES LLC | 4/20/2012 | 1313 | 534 | F124165 | LA | Lincoln | ||||||||||
LA-TER0869-002 |
GREGORY ALAN THOMAS ET AL | WILDHORSE RESOURCES LLC | 4/20/2012 | 1313 | 537 | F124166 | LA | Lincoln | ||||||||||
SHRINERS HOSPITALS FOR CRIPPLED CHILDREN | ||||||||||||||||||
REPRESENTED BY C VICTOR THORNTON AS PRESIDENT | ||||||||||||||||||
AND | ||||||||||||||||||
LA-TER0877-000 |
GEORGE M SAUNDERS AS SECRETARY | FRANK D RIPPY | 10/25/1976 | 203 | 409 | D-2536 | LA | Lincoln | ||||||||||
LA-TER0982-000 |
TOWNS COMPANY, LLC | V L C INC | 4/13/2011 | 1301 | 886 | F118676 | LA | Lincoln | ||||||||||
LA-TER0983-000 |
JAMES FOSTER III ET UX | V L C INC | 4/14/2011 | 1300 | 253 | F117866 | LA | Lincoln | ||||||||||
LA-TER0984-000 |
JAY DOUGLAS STRICKLER ET UX | V L C INC | 4/15/2011 | 1301 | 892 | F118678 | LA | Lincoln | ||||||||||
LA-TER0985-000 |
JAY DOUGLAS STRICKLER | V L C INC | 4/15/2011 | 1301 | 895 | F118679 | LA | Lincoln | ||||||||||
LA-TER0986-000 |
LOUISE JONES GRISHAM | V L C INC | 4/28/2011 | 1301 | 883 | F118675 | LA | Lincoln | ||||||||||
LA-TER0987-000 |
LUTHER RICHARD PYLES ET UX | V L C INC | 5/14/2011 | 1300 | 256 | F117867 | LA | Lincoln | ||||||||||
LA-TER0988-000 |
HOWARD O ULMER JR ET UX | V L C INC | 5/17/2011 | 1301 | 889 | F118677 | LA | Lincoln | ||||||||||
LA-TER0989-000 |
ELIZABETH C PHILLIPS HENLEY | V L C INC | 5/25/2011 | 1301 | 857 | F118667 | LA | Lincoln | ||||||||||
LA-TER0990-000 |
CARGILL LEGACY TRUST | V L C INC | 6/21/2011 | 1301 | 872 | F118672 | LA | Lincoln | ||||||||||
LA-TER0991-000 |
BRIAN ROWDELL DAVIS ET UX | V L C INC | 6/21/2011 | 1301 | 854 | F118666 | LA | Lincoln | ||||||||||
LA-TER0992-000 |
LUCY JANELLE PRICE SILVEY | V L C INC | 6/20/2011 | 1301 | 877 | F118673 | LA | Lincoln | ||||||||||
LA-TER0993-000 |
MARY MARGARET PHILLIPS YOUNG | V L C INC | 7/1/2011 | 1301 | 880 | F118674 | LA | Lincoln | ||||||||||
LA-TER0994-000 |
GALE ALLEN SCHOONOVER JR ET UX | V L C INC | 6/30/2011 | 1301 | 898 | F118680 | LA | Lincoln | ||||||||||
LA-TER0995-001 |
THELMA JEAN GRAY LAY | V L C INC | 5/24/2011 | 1301 | 863 | F118669 | LA | Lincoln | ||||||||||
LA-TER0995-002 |
THELMA ELIZABETH LAY THIGPEN, NAKED OWNER | V L C INC | 5/24/2011 | 1301 | 860 | F118668 | LA | Lincoln | ||||||||||
LA-TER0995-003 |
LYNN ANNE LAY MARSH, NAKED OWNER | V L C INC | 5/24/2011 | 1301 | 869 | F118671 | LA | Lincoln | ||||||||||
LA-TER0995-004 |
LAVERN LAY SHELTON, NAKED OWNER | V L C INC | 5/24/2011 | 1301 | 866 | F118670 | LA | Lincoln | ||||||||||
LA-TER0996-000 |
MARTHA ANN OGDEN TURNER | V L C INC | 9/9/2011 | 1308 | 725 | F121724 | LA | Lincoln | ||||||||||
LA-TER1003-001 |
DONALD ROY FAUST ET UX | SCHOEFFLER ENERGY LLC | 8/13/2012 | 1319 | 539 | F127348 | LA | Lincoln | ||||||||||
LA-TER1003-002 |
ELVA MARIE CARTER TERRELL ET AL | SCHOEFFLER ENERGY LLC | 9/26/2012 | 1322 | 265 | F128832 | LA | Lincoln | ||||||||||
1322 | 302 | F128837 |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-TER1003-003 |
GERALD L BURNETT DBA B&F DRILLING COMPANY | WILDHORSE RESOURCES, LLC | 12/13/2012 | 1322 | 302 | F128837 | LA | Lincoln | ||||||||||
LA-TER1003-004 |
SARAH JANE MONK FOSTER | SCHOEFFLER ENERGY LLC | 3/12/2013 | 1326 | 879 | F131516 | LA | Lincoln | ||||||||||
LA-TER1003-005 |
JACKSON LEE ET UX | SCHOEFFLER ENERGY LLC | 4/11/2013 | 1327 | 87 | F131563 | LA | Lincoln | ||||||||||
LA-TER1003-006 |
JUANITA KAM LO | SCHOEFFLER ENERGY LLC | 4/15/2013 | 1327 | 92 | F131564 | LA | Lincoln | ||||||||||
LA-TER1003-007 |
BOBBY T LO | SCHOEFFLER ENERGY LLC | 4/30/2013 | 1328 | 653 | F132380 | LA | Lincoln | ||||||||||
LA-TER1004-000 |
YOUNG ESTATE LLC | SCHOEFFLER ENERGY LLC | 4/23/2012 | 1319 | 735 | F127383 | LA | Lincoln | ||||||||||
LA-TER1005-000 |
JAMES LESTER TERRELL | SCHOEFFLER ENERGY LLC | 7/24/2012 | 1319 | 529 | F127346 | LA | Lincoln | ||||||||||
MCPHERSON FAMILY TRUST | ||||||||||||||||||
LA-TER1006-000 |
REPRESENTED HEREIN BY JANICE MCPHERSON | SCHOEFFLER ENERGY LLC | 8/3/2012 | 1319 | 534 | F127347 | LA | Lincoln | ||||||||||
LA-TER1007-000 |
ELVA MARIE CARTER TERRELL ET AL | SCHOEFFLER ENERGY LLC | 7/24/2012 | 1322 | 271 | F128833 | LA | Lincoln | ||||||||||
1319 | 588 | F127355 | ||||||||||||||||
LA-TER1009-000 |
LOUISIANA MINERALS LTD | WILDHORSE RESOURCES | 9/4/2012 | 1319 | 588 | F127355 | LA | Lincoln | ||||||||||
LA-TER1010-000 |
STEPHEN MICHAEL GLEASON ET UX | SCHOEFFLER ENERGY LLC | 3/5/2012 | 1319 | 428 | F127330 | LA | Lincoln | ||||||||||
LA-TER1011-000 |
JOSEPH GREGORY PESNELL | SCHOEFFLER ENERGY LLC | 4/7/2012 | 1319 | 882 | F127407 | LA | Lincoln | ||||||||||
LA-TER1012-000 |
ANTHONY W JONES ET UX | SCHOEFFLER ENERGY LLC | 4/19/2012 | 1323 | 428 | F129492 | LA | Lincoln | ||||||||||
LA-TER1013-001 |
BRIDGET GAIL JONES RICHARDSON | SCHOEFFLER ENERGY LLC | 2/20/2012 | 1319 | 394 | F127323 | LA | Lincoln | ||||||||||
LA-TER1013-002 |
JANET TERESA JONES | SCHOEFFLER ENERGY LLC | 2/20/2012 | 1319 | 399 | F127324 | LA | Lincoln | ||||||||||
LA-TER1013-003 |
ANTHONY W JONES | SCHOEFFLER ENERGY LLC | 2/20/2012 | 1319 | 404 | F127325 | LA | Lincoln | ||||||||||
LA-TER1013-004 |
BRUCE DESMOND JONES | SCHOEFFLER ENERGY LLC | 2/20/2012 | 1319 | 409 | F127326 | LA | Lincoln | ||||||||||
LA-TER1013-005 |
PHYLLIS ANN JONES MANUEL | SCHOEFFLER ENERGY LLC | 3/6/2012 | 1319 | 414 | F127327 | LA | Lincoln | ||||||||||
LA-TER1014-000 |
SIBYL IRENE DOWLING RUSSELL | SCHOEFFLER ENERGY LLC | 3/26/2012 | 1319 | 855 | F127402 | LA | Lincoln | ||||||||||
LA-TER1015-000 |
DENNIS WAYNE COLE | SCHOEFFLER ENERGY LLC | 1/31/2013 | 1326 | 862 | F131512 | LA | Lincoln | ||||||||||
1319 | 807 | F127395 | ||||||||||||||||
LA-TER1016-000 |
PAUL TAYLOR FARR ET AL | SCHOEFFLER ENERGY LLC | 2/9/2012 | 1319 | 807 | F127395 | LA | Lincoln | ||||||||||
1326 | 927 | F131525 | ||||||||||||||||
LA-TER1017-000 |
MILDU LLC | SCHOFFLER ENERGY LLC | 12/6/2012 | 1326 | 927 | F131525 | LA | Lincoln | ||||||||||
1323 | 442 | F129495 | ||||||||||||||||
LA-TER1018-000 |
DONALD L BULLOCK ET AL | SCHOFFLER ENERGY LLC | 12/14/2012 | 1323 | 442 | F129495 | LA | Lincoln | ||||||||||
LA-TER1019-000 |
LENNIS DUPREE MCGLOTHEN | SCHOEFFLER ENERGY LLC | 3/22/2013 | 1326 | 848 | F131509 | LA | Lincoln | ||||||||||
LA-TER1020-000 |
ANTHONY EUGENE DUPREE ET AL | SCHOEFFLER ENERGY LLC | 3/20/2013 | 1326 | 835 | F131507 | LA | Lincoln | ||||||||||
LA-TER1021-000 |
LARRY WAYNE HISAW ET UX | SCHOEFFLER ENERGY LLC | 3/22/2013 | 1326 | 574 | F131379 | LA | Lincoln | ||||||||||
LA-TER1022-001 |
ALBERT JOE DUPREE ET UX | SCHOEFFLER ENERGY LLC | 1/29/2013 | 1326 | 826 | F131504 | LA | Lincoln | ||||||||||
LA-TER1022-002 |
LINDA JOYCE DUPREE EBERHARDT ET AL | SCHOEFFLER ENERGY LLC | 2/20/2013 | 1326 | 872 | F131515 | LA | Lincoln | ||||||||||
LA-TER1022-003 |
LORRIS BROWN ET AL | SCHOEFFLER ENERGY LLC | 2/20/2013 | 1326 | 842 | F131508 | LA | Lincoln | ||||||||||
LA-TER1022-004 |
CHRISTOPHER DANIEL DUPREE ET AL | SCHOEFFLER ENERGY LLC | 2/11/2013 | 1326 | 832 | F131510 | LA | Lincoln | ||||||||||
LA-TER1023-000 |
ALBERT JOE DUPREE ET UX | SCHOEFFLER ENERGY LLC | 1/29/2013 | 1326 | 882 | F131517 | LA | Lincoln | ||||||||||
LA-TER1024-000 |
MICHELLE D YOUNG | SCHOEFFLER ENERGY LLC | 2/8/2013 | 1326 | 832 | F131506 | LA | Lincoln | ||||||||||
LA-TER1025-000 |
LORRIS BROWN ET AL | SCHOEFFLER ENERGY LLC | 4/19/2013 | 1330 | 728 | F133549 | LA | Lincoln | ||||||||||
LA-UNV0002-001 |
ROBERT M GILL | JACK T EVERETT | 2/8/1971 | 147 | 769 | C-73451 | LA | Lincoln | ||||||||||
LA-UNV0002-002 |
RUEL C GILL | JACK T EVERETT | 2/5/1971 | 147 | 765 | C-73450 | LA | Lincoln | ||||||||||
LA-UNV0002-003 |
NETTIE MAE GARRETT ET AL | JACK T EVERETT | 2/5/1971 | 147 | 761 | C-73449 | LA | Lincoln | ||||||||||
LA-UNV0003-000 |
LEONA FRASIER PYLANT | JACK T EVERETT | 1/21/1971 | 146 | 661 | C-72966 | LA | Lincoln | ||||||||||
LA-UNV0004-000 |
THELMA FRASIER WILLIAMSON ET VIR | JACK T EVERETT | 1/21/1971 | 146 | 657 | C-72965 | LA | Lincoln | ||||||||||
LA-UNV0005-000 |
ANNIE MAE FRASIER ELLIOTT | JACK T EVERETT | 1/21/1971 | 146 | 653 | C-72964 | LA | Lincoln | ||||||||||
LA-UNV0006-001 |
CHARLIE GREEN COLVIN ET AL | KCS RESOURCES INC | 8/2/2002 | 1136 | 125 | 40802 | LA | Lincoln | ||||||||||
LA-UNV0006-002 |
LAMAR W COLVIN ET AL | KCS RESOURCES INC | 8/2/2002 | 1136 | 128 | 40803 | LA | Lincoln | ||||||||||
1158 | 627 | 055060 | ||||||||||||||||
1158 | 627 | 055060 | ||||||||||||||||
LA-UNV0007-001 |
LOUIS CHARLES SIMPSON | KCS RESOURCES INC | 3/1/2004 | 1158 | 627 | 055060 | LA | Lincoln | ||||||||||
LA-UNV0007-002 |
WILLIE B SIMPSON JACKSON | KCS RESOURCES INC | 3/10/2004 | 1159 | 283 | F55438 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-UNV0007-003 |
CORA SIMPSON HURT | KCS RESOURCES INC | 3/10/2004 | 1159 | 292 | 55441 | LA | Lincoln | ||||||||||
1159 | 182 | 055344 | ||||||||||||||||
LA-UNV0007-004 |
AUSTIN ANDERSON ET UX | KCS RESOURCES INC | 3/10/2004 | 1159 | 182 | 055344 | LA | Lincoln | ||||||||||
LA-UNV0007-005 |
OZELL SIMPSON | KCS RESOURCES INC | 3/10/2004 | 1160 | 142 | 56086 | LA | Lincoln | ||||||||||
LA-UNV0007-006 |
OLIA JUNE SIMPSON LIPFORD | KCS RESOURCES INC | 3/10/2004 | 1160 | 139 | 56085 | LA | Lincoln | ||||||||||
LA-UNV0007-007 |
ODELL SIMPSON MADISON | KCS RESOURCES INC | 3/10/2004 | 1160 | 133 | 56083 | LA | Lincoln | ||||||||||
LA-UNV0007-008 |
COSETTA S MALCOLM | KCS RESOURCES INC | 4/22/2004 | 1160 | 136 | 56084 | LA | Lincoln | ||||||||||
LA-UNV0007-009 |
WILLIE R SHELTON JR | KCS RESOURCES INC | 4/22/2004 | 1160 | 586 | LA | Lincoln | |||||||||||
LA-UNV0007-010 |
FELICIA SIMPSON | KCS RESOURCES INC | 5/3/2004 | 1160 | 592 | 56494 | LA | Lincoln | ||||||||||
LA-UNV0007-011 |
VANESSA R SIMPSON | KCS RESOURCES INC | 5/12/2004 | 1160 | 598 | 56496 | LA | Lincoln | ||||||||||
LA-UNV0007-012 |
LEROY SIMPSON | KCS RESOURCES INC | 4/21/2004 | 1160 | 601 | 56497 | LA | Lincoln | ||||||||||
LA-UNV0007-013 |
LATONYA SIMPSON ALEXANDER | KCS RESOURCES INC | 5/3/2004 | 1184 | 379 | F69256 | LA | Lincoln | ||||||||||
LA-UNV0007-014 |
SCOTT SIMPSON | KCS RESOURCES INC | 5/3/2004 | 1160 | 589 | 56493 | LA | Lincoln | ||||||||||
LA-UNV0007-015 |
RODNEY SIMPSON | KCS RESOURCES INC | 5/3/2004 | 1160 | 595 | 56495 | LA | Lincoln | ||||||||||
LA-UNV0007-016 |
MICHAEL DAVID SIMPSON | KCS RESOURCES INC | 12/13/2006 | 1216 | 147 | F82447 | LA | Lincoln | ||||||||||
LA-UNV0007-017 |
CHARLES P HARRIS | KCS RESOURCES INC | 12/13/2006 | 1216 | 150 | F82448 | LA | Lincoln | ||||||||||
LA-UNV0008-001 |
THOMAS M MONCRIEF ET AL | KCS RESOURCES INC | 12/15/2003 | 1155 | 673 | 53323 | LA | Lincoln | ||||||||||
LA-UNV0008-002 |
JANICE MONCRIEF | KCS RESOURCES INC | 12/15/2003 | 1155 | 676 | 53324 | LA | Lincoln | ||||||||||
LA-UNV0008-003 |
FRANCES L PLATT BURFORD ET AL | KCS RESOURCES INC | 1/8/2004 | 1156 | 281 | 53631 | LA | Lincoln | ||||||||||
LA-UNV0008-004 |
HARRY R COOK JR | KCS RESOURCES INC | 1/8/2004 | 1156 | 284 | 53632 | LA | Lincoln | ||||||||||
LA-UNV0008-005 |
JOYCE DANIEL HENRY | KCS RESOURCES INC | 12/12/2003 | 1157 | 271 | 54239 | LA | Lincoln | ||||||||||
LA-UNV0008-006 |
HELEN H COLVIN | KCS RESOURCES INC | 3/17/2004 | 1159 | 173 | 55341 | LA | Lincoln | ||||||||||
LA-UNV0008-007 |
LITTLETON PARKS COLVIN III | KCS RESOURCES INC | 3/29/2004 | 1159 | 179 | 55343 | LA | Lincoln | ||||||||||
LA-UNV0008-008 |
JAMES H COLVIN | KCS RESOURCES INC | 3/29/2004 | 1159 | 439 | 55564 | LA | Lincoln | ||||||||||
LA-UNV0008-009 |
JULIA ANN COLVIN NICHOLS | KCS RESOURCES INC | 3/29/2004 | 1159 | 289 | 55440 | LA | Lincoln | ||||||||||
LA-UNV0008-010 |
WALTER R FARRAR | KCS RESOURCES INC | 3/19/2004 | 1159 | 286 | 55439 | LA | Lincoln | ||||||||||
LA-UNV0008-011 |
MICHAEL H GIBBS KAY | KCS RESOURCES INC | 4/1/2004 | 1159 | 176 | F55342 | LA | Lincoln | ||||||||||
LA-UNV0008-012 |
WILLIAM DON SMITH | KCS RESOURCES INC | 10/7/2004 | 1166 | 717 | 60150 | LA | Lincoln | ||||||||||
LA-UNV0008-013 |
PHYLLIS COLVIN CARLYON | KCS RESOURCES INC | 3/28/2005 | 1175 | 604 | F64909 | LA | Lincoln | ||||||||||
LA-UNV0008-014 |
WILLIAM L COLVIN III | KCS RESOURCES INC | 3/28/2005 | 1175 | 606 | F64910 | LA | Lincoln | ||||||||||
LA-UNV0008-015 |
CATHERINE F COLVIN | KCS RESOURCES INC | 3/28/2005 | 1175 | 608 | F64911 | LA | Lincoln | ||||||||||
LA-UNV0009-001 |
CASSANDRA J THOMPSON | KCS RESOURCES INC | 6/11/2004 | 1162 | 199 | 57524 | LA | Lincoln | ||||||||||
LA-UNV0009-002 |
RHONDAL E JENKINS | KCS RESOURCES INC | 6/11/2004 | 1162 | 208 | 57528 | LA | Lincoln | ||||||||||
LA-UNV0009-003 |
JOHN D JENKINS ET AL | KCS RESOURCES INC | 6/11/2004 | 1162 | 205 | 57527 | LA | Lincoln | ||||||||||
LA-UNV0009-004 |
VALERIE J MCMURRY | KCS RESOURCES INC | 6/11/2004 | 1162 | 202 | 57526 | LA | Lincoln | ||||||||||
LA-UNV0010-001 |
OTIS CHARLES JENKINS | KCS RESOURCES INC | 8/18/2004 | 1165 | 194 | 59181 | LA | Lincoln | ||||||||||
LA-UNV0010-002 |
HATTIE MAE JENKINS LEWIS | KCS RESOURCES INC | 8/18/2004 | 1165 | 192 | 59180 | LA | Lincoln | ||||||||||
LA-UNV0010-003 |
ABAN J RICHARDS JR | KCS RESOURCES INC | 8/18/2004 | 1165 | 184 | 59177 | LA | Lincoln | ||||||||||
LA-UNV0010-004 |
JERRIE ANNE WILSON | KCS RESOURCES INC | 8/18/2004 | 1169 | 413 | 61570 | LA | Lincoln | ||||||||||
1175 | 24 | |||||||||||||||||
1174 | 25 | |||||||||||||||||
LA-UNV0010-005 |
JOHN W JENKINS JR | KCS RESOURCES INC | 3/2/2005 | 1355 | 289 | F64570 | LA | Lincoln | ||||||||||
LA-UNV0010-006 |
LETTIE EILAND | KCS RESOURCES INC | 8/18/2004 | 1187 | 564 | F70525 | LA | Lincoln | ||||||||||
LA-UNV0011-001 |
BETTY LAY KIRBY | KCS RESOURCES INC | 10/5/2004 | 1168 | 234 | 60975 | LA | Lincoln | ||||||||||
LA-UNV0011-002 |
CHRIS A LAY JR | KCS RESOURCES INC | 10/5/2004 | 1166 | 704 | 60146 | LA | Lincoln | ||||||||||
LA-UNV0011-003 |
JEFFREY BARKSDALE HILL IV | KCS RESOURCES INC | 10/5/2004 | 1166 | 707 | 60147 | LA | Lincoln | ||||||||||
LA-UNV0011-004 |
CHARLIE GREEN COLVIN ET AL | KCS RESOURCES INC | 10/5/2004 | 1166 | 720 | 60151 | LA | Lincoln | ||||||||||
1166 | 710 | 060148 | ||||||||||||||||
LA-UNV0011-005 |
MILDRED SUE BARMORE COOK | KCS RESOURCES INC | 10/5/2004 | 1166 | 710 | 060148 | LA | Lincoln | ||||||||||
LA-UNV0011-006 |
DAVID F BARMORE | KCS RESOURCES INC | 4/4/2005 | 1175 | 164 | F64641 | LA | Lincoln | ||||||||||
LA-UNV0011-007 |
JOYCE SUTTON | KCS RESOURCES INC | 3/30/2005 | 1175 | 162 | F64640 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-UNV0011-008 |
CLYDE ALLEN BARMORE | KCS RESOURCES INC | 4/4/2005 | 1175 | 160 | F64639 | LA | Lincoln | ||||||||||
LA-UNV0011-009 |
PATSY BARMORE CRITSELOUS | KCS RESOURCES INC | 3/29/2005 | 1175 | 158 | F64638 | LA | Lincoln | ||||||||||
LA-UNV0011-010 |
TOM E FRASIER JR | KCS RESOURCES INC | 3/30/2005 | 1177 | 386 | F65780 | LA | Lincoln | ||||||||||
LA-UNV0011-011 |
KIMBERLY B BUTLER | KCS RESOURCES INC | 4/4/2005 | 1177 | 351 | F65769 | LA | Lincoln | ||||||||||
LA-UNV0011-012 |
ANN MCKNEELY | KCS RESOURCES INC | 3/29/2005 | 1176 | 781 | F65558 | LA | Lincoln | ||||||||||
LA-UNV0011-013 |
ALICE BARMORE S HEABERLIN | KCS RESOURCES INC | 10/1/2005 | 1187 | 880 | 70684 | LA | Lincoln | ||||||||||
LA-UNV0012-000 |
VIVIAN S MAGEE ET AL | KCS RESOURCES INC | 9/28/2004 | 1166 | 713 | 60149 | LA | Lincoln | ||||||||||
LA-UNV0013-001 |
JOHN A DELLEY JR | KCS RESOURCES INC | 3/16/2005 | 1175 | 143 | F64633 | LA | Lincoln | ||||||||||
LA-UNV0013-002 |
MARTIN GIVENS | KCS RESOURCES INC | 3/16/2005 | 1175 | 146 | F64634 | LA | Lincoln | ||||||||||
LA-UNV0013-003 |
CATO DELLEY JR | KCS RESOURCES INC | 3/16/2005 | 1175 | 149 | F64635 | LA | Lincoln | ||||||||||
LA-UNV0013-004 |
ROBERT DELLEY | KCS RESOURCES INC | 3/16/2005 | 1175 | 152 | F64636 | LA | Lincoln | ||||||||||
LA-UNV0013-005 |
ETTA B GRIFFIN GARRETT | KCS RESOURCES INC | 3/16/2005 | 1175 | 155 | F64637 | LA | Lincoln | ||||||||||
LA-UNV0013-006 |
MILDRED MAE GRIFFIN GILLESPIE | KCS RESOURCES INC | 4/7/2005 | 1175 | 168 | F64643 | LA | Lincoln | ||||||||||
LA-UNV0013-007 |
TIMMY D MINER | KCS RESOURCES INC | 3/16/2005 | 1177 | 375 | F65777 | LA | Lincoln | ||||||||||
LA-UNV0013-008 |
DORSEY MICHELLE ROBERTSON | KCS RESOURCES INC | 3/16/2005 | 1177 | 378 | F65778 | LA | Lincoln | ||||||||||
LA-UNV0013-009 |
MARY HALE PALMER | KCS RESOURCES INC | 4/25/2005 | 1177 | 383 | F65779 | LA | Lincoln | ||||||||||
LA-UNV0013-010 |
JON E GIVENS | KCS RESOURCES INC | 3/16/2005 | 1177 | 348 | F65768 | LA | Lincoln | ||||||||||
LA-UNV0013-011 |
DIXIE C GIVENS | KCS RESOURCES INC | 3/16/2005 | 1177 | 353 | F65770 | LA | Lincoln | ||||||||||
LA-UNV0013-012 |
RAYMOND HALE JR | KCS RESOURCES INC | 4/25/2005 | 1177 | 356 | F65771 | LA | Lincoln | ||||||||||
LA-UNV0013-013 |
ADELLE DELLEY JOHNSON | KCS RESOURCES INC | 3/16/2005 | 1177 | 372 | F65766 | LA | Lincoln | ||||||||||
LA-UNV0013-014 |
NOLLA MARIETHA BEASLEY | KCS RESOURCES INC | 3/16/2005 | 1177 | 369 | F65775 | LA | Lincoln | ||||||||||
LA-UNV0013-015 |
SANDRA HALE BLACKNELL | KCS RESOURCES INC | 4/25/2005 | 1177 | 366 | F65774 | LA | Lincoln | ||||||||||
LA-UNV0013-016 |
PATRICIA GIVENS | KCS RESOURCES INC | 3/16/2005 | 1177 | 363 | F65773 | LA | Lincoln | ||||||||||
LA-UNV0013-017 |
JANICE HALE | KCS RESOURCES INC | 4/30/2005 | 1177 | 360 | F65772 | LA | Lincoln | ||||||||||
LA-UNV0013-018 |
RAYELLA DELLEY BOYD | KCS RESOURCES INC | 3/16/2005 | 1179 | 543 | F66904 | LA | Lincoln | ||||||||||
LA-UNV0013-019 |
COELLA DELLEY WELLS | KCS RESOURCES INC | 3/16/2005 | 1179 | 540 | F66903 | LA | Lincoln | ||||||||||
LA-UNV0013-020 |
PATRICIA L FRAZIER | KCS RESOURCES INC | 3/16/2005 | 1179 | 537 | F66902 | LA | Lincoln | ||||||||||
LA-UNV0013-021 |
BRENDA BEASLEY | KCS RESOURCES INC | 3/16/2005 | 1178 | 441 | F66374 | LA | Lincoln | ||||||||||
LA-UNV0013-022 |
OLIVE MAE GRIFFIN | KCS RESOURCES INC | 3/16/2005 | 1179 | 190 | F66666 | LA | Lincoln | ||||||||||
LA-UNV0013-023 |
ROSA DALE GRIFFIN JENSON | KCS RESOURCES INC | 6/8/2005 | 1178 | 749 | 66505 | LA | Lincoln | ||||||||||
LA-UNV0013-024 |
ANGELA JENKINS BAGLEY | KCS RESOURCES INC | 5/10/2005 | 1178 | 746 | F66504 | LA | Lincoln | ||||||||||
LA-UNV0013-025 |
RAYMOND HALE JR | KCS RESOURCES INC | 5/20/2005 | 1178 | 444 | F66375 | LA | Lincoln | ||||||||||
LA-UNV0013-026 |
JOSEPHUS C DELLEY | KCS RESOURCES INC | 5/20/2005 | 1178 | 447 | F66376 | LA | Lincoln | ||||||||||
LA-UNV0013-027 |
LAJUANA DELLEY | KCS RESOURCES INC | 3/16/2005 | 1182 | 422 | F68362 | LA | Lincoln | ||||||||||
LA-UNV0013-028 |
DOROTHY HALE FLOURNOY | KCS RESOURCES INC | 3/16/2005 | 1182 | 416 | F68360 | LA | Lincoln | ||||||||||
LA-UNV0013-029 |
ETHEL JENKINS BROWN | KCS RESOURCES INC | 5/14/2005 | 1182 | 419 | F68361 | LA | Lincoln | ||||||||||
LA-UNV0013-030 |
LINDA HALE CARLISLE | KCS RESOURCES INC | 5/10/2005 | 1181 | 811 | F68144 | LA | Lincoln | ||||||||||
LA-UNV0013-031 |
CARLA MICHELLE DELLEY MASON | KCS RESOURCES INC | 6/22/2005 | 1181 | 808 | F68143 | LA | Lincoln | ||||||||||
LA-UNV0013-032 |
YOLLANDA WASHINGTON MCCLARTY | KCS RESOURCES INC | 7/28/2005 | 1182 | 602 | F68420 | LA | Lincoln | ||||||||||
LA-UNV0013-033 |
CRYSTAL A DELLEY HOLMAN | KCS RESOURCES INC | 6/22/2005 | 1182 | 679 | F68470 | LA | Lincoln | ||||||||||
LA-UNV0013-034 |
CARTHEYA ANN DELLEY HARRIS | KCS RESOURCES INC | 6/22/2005 | 1182 | 673 | F68468 | LA | Lincoln | ||||||||||
LA-UNV0013-035 |
GWENDOLYN DANIAL JENKINS | KCS RESOURCES INC | 5/10/2005 | 1187 | 885 | F70686 | LA | Lincoln | ||||||||||
LA-UNV0013-036 |
TIESHA MAY GIVENS | KCS RESOURCES INC | 3/16/2005 | 1184 | 399 | F69263 | LA | Lincoln | ||||||||||
LA-UNV0013-037 |
JACQUELINE WASHINGTON JONES | KCS RESOURCES INC | 4/30/2005 | 1184 | 409 | F69266 | LA | Lincoln | ||||||||||
LA-UNV0013-038 |
EARLIE B DELLEY | KCS RESOURCES INC | 10/28/2005 | 1187 | 860 | F70677 | LA | Lincoln | ||||||||||
LA-UNV0013-039 |
BOBBIE HALE MCFADDEN | KCS RESOURCES INC | 1/6/2006 | 1197 | 661 | F75009 | LA | Lincoln | ||||||||||
LA-UNV0013-040 |
CHRISTIA G DELLEY ORR | KCS RESOURCES INC | 6/22/2005 | 1197 | 658 | F75008 | LA | Lincoln | ||||||||||
LA-UNV0013-041 |
FELISHA DELLEY LYNCH | KCS RESOURCES INC | 4/17/2006 | 1203 | 113 | F77435 | LA | Lincoln | ||||||||||
LA-UNV0013-042 |
ARTHUR LOWELLDON JENKINS | KCS RESOURCES INC | 5/10/2005 | 1203 | 116 | F77436 | LA | Lincoln | ||||||||||
LA-UNV0013-043 |
SHELLEY S DELLEY | KCS RESOURCES INC | 8/14/2006 | 1216 | 144 | F82446 | LA | Lincoln | ||||||||||
LA-UNV0013-044 |
JEROME R DELLEY JR | KCS RESOURCES INC | 10/31/2006 | 1239 | 498 | F91869 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-UNV0014-001 |
ALBERT V GARR | KCS RESOURCES INC | 4/11/2005 | 1175 | 166 | F64642 | LA | Lincoln | ||||||||||
LA-UNV0015-001 |
DESERT PARTNERS III LP | KCS RESOURCES INC | 2/9/2005 | 1173 | 232 | 63587 | LA | Lincoln | ||||||||||
LA-UNV0015-002 |
ASHLEY TAD HILLIN | KCS RESOURCES INC | 2/9/2005 | 1173 | 235 | 63588 | LA | Lincoln | ||||||||||
BOBBY R. AND TAMMY NOLAN AINSWORTH | 1/16/2013 | 1326 | 200 | F131089 | LA | Lincoln | ||||||||||||
IVANETTE SANFORD ALBRITTON | 1/20/2014 | LA | Lincoln | |||||||||||||||
ANTIOCH CEMETERY ASSOCIATION | 2/28/2013 | 1330 | 89 | F133170 | LA | Lincoln | ||||||||||||
CLIFFORD RAY AND CAROLE KEEDY ARRINGTON | 11/16/2010 | 1297 | 213 | F116587 | LA | Lincoln | ||||||||||||
CLIFFORD RAY AND CAROLE KEEDY ARRINGTON | 11/22/2010 | 1297 | 217 | F116588 | LA | Lincoln | ||||||||||||
ASHLEY ANN ENERGY, LLC | 8/19/2013 | LA | Lincoln | |||||||||||||||
JOE CALVIN AND DONNA KAY RATLIFF AULDS | 3/9/2011 | 1305 | 739 | F120376 | LA | Lincoln | ||||||||||||
DANNY MARK AUSTIN | 7/26/2011 | 1305 | 850 | F120399 | LA | Lincoln | ||||||||||||
BRUCE CARROLL AND MARY CULPEPPER AYRES | 3/8/2013 | 1327 | 6 | F131546 | LA | Lincoln | ||||||||||||
B&F DRILLING COMPANY | 12/13/2012 | 1322 | 302 | F128837 | LA | Lincoln | ||||||||||||
KAREN QUILTY AND CHARLES STANLEY BALDWIN | 8/17/2013 | LA | Lincoln | |||||||||||||||
JAMES WALTER BALLARD | 1/21/2011 | 1297 | 285 | F116605 | LA | Lincoln | ||||||||||||
GARY HALE BALLARD | 1/24/2011 | 1299 | 510 | F117535 | LA | Lincoln | ||||||||||||
GARY HALE BALLARD | 12/13/2012 | 1323 | 410 | F129487 | LA | Lincoln | ||||||||||||
ELEANOR ANN HALE BALLARD | 12/27/2012 | 1323 | 415 | F129488 | LA | Lincoln | ||||||||||||
JOHN PAUL BAREMORE | 8/6/2012 | 1319 | 558 | F127352 | LA | Lincoln | ||||||||||||
MICHAEL W. AND AIMEE DAY BAXTER | 3/18/2013 | 1326 | 985 | F131542 | LA | Lincoln | ||||||||||||
SANDRA R BEARD | 12/21/2012 | 1327 | 703 | F131960 | LA | Lincoln | ||||||||||||
CAROLYN DEMOSS BEATTY | 11/28/2012 | 1322 | 71 | F128782 | LA | Lincoln | ||||||||||||
DOROTHY CLAIRE BELL | 12/14/2010 | 1397 | 282 | F116604 | LA | Lincoln | ||||||||||||
SAM M BISSIC | 10/21/2013 | LA | Lincoln | |||||||||||||||
SCOTTY L. AND GENA COMER BLACKSTONE | 3/18/2013 | 1327 | 1 | F131545 | LA | Lincoln | ||||||||||||
NANCY HODGE BLUEMEL | 2/7/2013 | 1327 | 726 | LA | Lincoln | |||||||||||||
MICHAEL STUART BOUNDS | 2/13/2014 | LA | Lincoln | |||||||||||||||
PRISCILLA HEARD BOWMAN | 7/25/2011 | LA | Lincoln | |||||||||||||||
MARCY LYNN BOYD | 3/26/2013 | 1328 | 658 | F132381 | LA | Lincoln | ||||||||||||
DOROTHY R BRACKIN | 2/14/2013 | 1327 | 737 | F131968 | LA | Lincoln | ||||||||||||
WILLIAM BURR ANDKELLY W. BRANTLEY | 3/21/2013 | 1328 | 611 | F132371 | LA | Lincoln | ||||||||||||
CALVIN JOSEPH BRISCOE, JR | 11/26/2013 | LA | Lincoln | |||||||||||||||
DEBORAH BROWN | 8/16/2012 | 1319 | 760 | F127387 | LA | Lincoln | ||||||||||||
CLAUDIE BROWN | 4/19/2013 | 1330 | 728 | F133549 | LA | Lincoln | ||||||||||||
ELEANOR HARRIS BROWN | 9/27/2013 | LA | Lincoln | |||||||||||||||
ELEANOR HARRIS BROWN | 1/6/2014 | LA | Lincoln | |||||||||||||||
WILLIAM THOMAS AND SHERI LEWIS LEWIS BURT | 5/1/2013 | 1326 | 829 | F131505 | LA | Lincoln | ||||||||||||
SHERI LEWIS BURT | 7/30/2013 | 1332 | 975 | F134581 | LA | Lincoln | ||||||||||||
JACK EDWIN, JR. AND PEGGY SINGLETON BYRD | 11/20/2012 | 1324 | 574 | F130066 | LA | Lincoln | ||||||||||||
DAVID RANDALL CALLAWAY | 6/11/2012 | 1319 | 698 | F127376 | LA | Lincoln | ||||||||||||
KENNETH ALLEN AND JULIA HAND CALLAWAY | 3/20/2013 | 1326 | 179 | F131086 | LA | Lincoln | ||||||||||||
CHARLOTTE SUMLIN CANTWELL | 10/16/2012 | 1322 | 181 | F128802 | LA | Lincoln | ||||||||||||
CAPITAL LIQUOR, LLC | 8/13/2013 | 1334 | 405 | F135216 | LA | Lincoln | ||||||||||||
THOMAS DREW AND SHERRY LYNN JOHNSON CAREY | 7/11/2013 | 1334 | 386 | F135213 | LA | Lincoln | ||||||||||||
THOMAS DREW AND SHERRY LYNN JOHNSON CAREY | 7/11/2013 | 1334 | 393 | F135214 | LA | Lincoln | ||||||||||||
TRACY CARNEY | 2/6/2014 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
PHILLIP BROWNING AND ALNITA JOHNSON CARROLL | 5/16/2011 | 1305 | 707 | F120368 | LA | Lincoln | ||||||||||||
JAMES S CASKEY | 1/9/2013 | 1326 | 888 | F131519 | LA | Lincoln | ||||||||||||
CHARLES I CASKEY | 1/9/2013 | 1326 | 893 | F131520 | LA | Lincoln | ||||||||||||
JIMMIE L CATES | 8/9/2011 | 1306 | 611 | F120751 | LA | Lincoln | ||||||||||||
AL G. AND DOROTHY S. CATHEY | 12/21/2012 | 1327 | 693 | F131958 | LA | Lincoln | ||||||||||||
JERRY WAYNE CHANDLER | 5/2/2013 | 1327 | 780 | F131977 | LA | Lincoln | ||||||||||||
JERRY WAYNE CHANDLER | 5/2/2013 | 1327 | 767 | F131974 | LA | Lincoln | ||||||||||||
JERRY WAYNE CHANDLER | 6/27/2013 | 1330 | 682 | F133539 | LA | Lincoln | ||||||||||||
RONALD N. AND LARA GUZMAN CHICOLA | 8/18/2013 | LA | Lincoln | |||||||||||||||
CLARKE LAND & TIMBER, LLC | 9/21/2012 | 1322 | 171 | F128800 | LA | Lincoln | ||||||||||||
DARIN M. AND JEANNINE BOUBY COKER | 3/25/2013 | 1326 | 995 | F131544 | LA | Lincoln | ||||||||||||
DENNIS WAYNE COLE | 1/31/2013 | 1326 | 862 | F131512 | LA | Lincoln | ||||||||||||
WILLIAM RANDOLPH COLLINS | 4/2/2013 | 1327 | 70 | F131559 | LA | Lincoln | ||||||||||||
LINDA JEAN MCKENZIE COLLINS | 4/24/2013 | 1327 | 134 | F131572 | LA | Lincoln | ||||||||||||
WILLIAM RANDOLPH COLLINS | 6/27/2013 | 1331 | 630 | F133976 | LA | Lincoln | ||||||||||||
LARRY DELANEY COLLINS | 1/8/2014 | LA | Lincoln | |||||||||||||||
JOHN C COLVIN | 11/8/2012 | 1322 | 221 | F128809 | LA | Lincoln | ||||||||||||
LARRY E COLVIN | 8/26/2013 | LA | Lincoln | |||||||||||||||
FRANK M. AND KATHIE MARTIN CORDARO | 11/22/2010 | 1297 | 223 | F116590 | LA | Lincoln | ||||||||||||
PAMELA CHRISTINE LENARD CULVER | 11/30/2012 | 1324 | 583 | F130068 | LA | Lincoln | ||||||||||||
JENNIFER SMART DANKLEFBSON | 6/19/2012 | 1319 | 708 | F127378 | LA | Lincoln | ||||||||||||
STEPHANIE CHAISSON DARK | 5/27/2011 | 1305 | 727 | F120373 | LA | Lincoln | ||||||||||||
HAROLD EUGENE AND ELIZABETH ROGERS | ||||||||||||||||||
DAUGHDRIL | 2/24/2012 | 1319 | 823 | F127398 | LA | Lincoln | ||||||||||||
ELIZABETH MERIEL ROGERS DAUGHDRIL | 10/15/2012 | 1322 | 156 | F128797 | LA | Lincoln | ||||||||||||
JOHN BOOTH AND VONITA DELL DAVIDSON | 7/19/2011 | 1305 | 776 | F120383 | LA | Lincoln | ||||||||||||
SIMMIE LEE DAVIS | 10/15/2012 | 1322 | 81 | F128784 | LA | Lincoln | ||||||||||||
SIMMIE LEE AND LENNIE FAYE DANIEL DAVIS | 10/15/2012 | 1322 | 76 | F128783 | LA | Lincoln | ||||||||||||
CHARLES B DELONY | 7/21/2011 | 1305 | 842 | F120397 | LA | Lincoln | ||||||||||||
DESERT PARTNERS III, LP | 8/13/2012 | 1319 | 544 | F127349 | LA | Lincoln | ||||||||||||
STEVEN WAYNE DIEBOLD | 10/23/2012 | 1322 | 236 | F128826 | LA | Lincoln | ||||||||||||
JOYCE HOOD DOUCET | 1/7/2014 | LA | Lincoln | |||||||||||||||
DOWLING ROYALTIES, LLC | 5/10/2012 | 1319 | 656 | F127368 | LA | Lincoln | ||||||||||||
SUSAN M DOWNEY | 7/1/2012 | 1319 | 465 | F127337 | LA | Lincoln | ||||||||||||
ALBERT JOE AND LORENE MASON DUPREE | 1/29/2013 | 1326 | 826 | F131504 | LA | Lincoln | ||||||||||||
RICHARD ALAN DUPREE | 2/11/2013 | 1326 | 852 | F131510 | LA | Lincoln | ||||||||||||
MONIQUE VIOLA DUPREE | 2/20/2013 | 1326 | 822 | F131515 | LA | Lincoln | ||||||||||||
DANIEL BENJAMIN DURRETT | 4/29/2013 | 1328 | 625 | F132374 | LA | Lincoln | ||||||||||||
WILLIAM DOUGLAS DURRETT | 4/29/2013 | 1328 | 629 | F132375 | LA | Lincoln | ||||||||||||
WILLIAM DOUGLAS DURRETT | 8/27/2013 | LA | Lincoln | |||||||||||||||
BEVERLY MCCULLEN EARNEST | 1/17/2014 | LA | Lincoln | |||||||||||||||
SCOTT R. AND KANDY S. EASLEY | 4/10/2013 | 1328 | 636 | F132377 | LA | Lincoln | ||||||||||||
GEORGE T. AND SHERRILL P. EDWARDS | 11/12/2012 | 1322 | 48 | F128777 | LA | Lincoln | ||||||||||||
MARY DELORIS EDWARDS | 9/9/2013 | LA | Lincoln | |||||||||||||||
GEORGE TAYLOR EDWARDS | 1/8/2014 | LA | Lincoln | |||||||||||||||
TIMOTHY CLAY AND VICKIE ADAMS ELLIOT | 3/18/2011 | 1309 | 229 | F121987 | LA | Lincoln | ||||||||||||
JAMES WAYNE AND HOLLY RUTH ELTON | 4/25/2012 | 1319 | 601 | F127358 | LA | Lincoln | ||||||||||||
RICHARD WESLEY AND KAREN HAYDEN EMERSON | 3/15/2011 | 1299 | 472 | F117525 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
RICHARD WESLEY AND KAREN HAYDEN EMERSON | 3/15/2011 | 1299 | 472 | F117525 | LA | Lincoln | ||||||||||||
ERMA S. ROGERS REVOCABLE LIVING TRUST |
8/14/2013 | 1334 | 381 | F135212 | LA | Lincoln | ||||||||||||
GRAYLAN AND CONNIE F. ERWIN | 7/15/2013 | 1331 | 667 | F133982 | LA | Lincoln | ||||||||||||
DONALD ROY AND MARGARET LEE WILLIAMS FAUST | 8/1/2012 | 1319 | 510 | F127343 | LA | Lincoln | ||||||||||||
FIRTH HOLDINGS, LLC |
10/3/2013 | LA | Lincoln | |||||||||||||||
LYNDA L FOERSTERLING | 4/25/2012 | 1319 | 661 | F127369 | LA | Lincoln | ||||||||||||
FOERSTERLING LIVING TRUST |
4/25/2012 | 1319 | 667 | F127370 | LA | Lincoln | ||||||||||||
SARAH JANE MONK FOSTER | 3/12/2013 | 1326 | 879 | F131516 | LA | Lincoln | ||||||||||||
CAROLYN C. FOSTER | 7/11/2013 | 1334 | 316 | F135200 | LA | Lincoln | ||||||||||||
JACKIE R. FULLER | 7/12/2012 | 1322 | 277 | F128834 | LA | Lincoln | ||||||||||||
MICHAEL R. AND TERI ARTHUR FULTON | 5/14/2013 | 1328 | 596 | F132368 | LA | Lincoln | ||||||||||||
FRANCES LOUISE SIMS GAMBRELL | 10/12/2012 | 1319 | 740 | F127384 | LA | Lincoln | ||||||||||||
JAN MITCHAM GAMBRELL | 1/10/2014 | LA | Lincoln | |||||||||||||||
CHRISTOPHER D. AND CHRISTINE ALLEN GATLIN | 8/1/2013 | 1331 | 862 | F134135 | LA | Lincoln | ||||||||||||
GLENDA CEIL GILES | 8/12/2013 | LA | Lincoln | |||||||||||||||
JANE W GILLIS | 10/24/2012 | 1322 | 177 | F128801 | LA | Lincoln | ||||||||||||
VIRGINIA HODGE GNATEK | 4/12/2013 | 1327 | 763 | F131973 | LA | Lincoln | ||||||||||||
LARRY KENT GRAHAM | 2/18/2011 | 1299 | 501 | F117533 | LA | Lincoln | ||||||||||||
ROYCE ANTHONY GRAHAM | 2/4/2014 | LA | Lincoln | |||||||||||||||
JASON CHARLES AND BRANDY PERDUE GRANGER | 4/1/2013 | 1327 | 36 | F131552 | LA | Lincoln | ||||||||||||
MICHAELT. AND JENNIFER K. GREEN | 10/24/2012 | 1322 | 250 | F128829 | LA | Lincoln | ||||||||||||
LOUISE JONES GRISHAM | 4/24/2013 | 1328 | 696 | F132387 | LA | Lincoln | ||||||||||||
LARRY J. AND MARY K. GRUBBS | 3/18/2013 | 1326 | 990 | F131543 | LA | Lincoln | ||||||||||||
KATHY SUE DURRETT GULLATT | 2/15/2013 | 1326 | 919 | F131524 | LA | Lincoln | ||||||||||||
H & N WALKER, LTD. PART. |
7/26/2013 | 1334 | 367 | F135209 | LA | Lincoln | ||||||||||||
DAVID COLVIN HAMMON | 1/8/2014 | LA | Lincoln | |||||||||||||||
JOHNNY KEITH HAMMONS | 1/7/2011 | 1297 | 316 | F116613 | LA | Lincoln | ||||||||||||
ALICE FAYE HANCOCK | 1/7/2014 | LA | Lincoln | |||||||||||||||
MARY ELIZABETH CHANDLER HANSON | 6/26/2012 | 1319 | 459 | F127336 | LA | Lincoln | ||||||||||||
KEVIN R. AND DEBORAH C. HARPER | 11/8/2012 | LA | Lincoln | |||||||||||||||
VICKI WAYNETTE HENRY HARRIS | 1/16/2013 | 1327 | 682 | F131955 | LA | Lincoln | ||||||||||||
MARY JANE COLLINS HARTMAN | 1/23/2014 | LA | Lincoln | |||||||||||||||
SIDNEY ANDREW AND LENA GUSET HARVARD | 4/5/2012 | 1319 | 755 | F127386 | LA | Lincoln | ||||||||||||
LUTHER GRAHAM AND MARTHA SUE HARVEY | 3/14/2011 | 1305 | 742 | F120377 | LA | Lincoln | ||||||||||||
KENNETH LAVELLE AND LIBBY ANNE COLLINS HARVEY | 4/24/2013 | 1327 | 138 | F131573 | LA | Lincoln | ||||||||||||
JAMES ELLIS HAWKINS | 2/15/2013 | 1327 | 110 | F131567 | LA | Lincoln | ||||||||||||
WILS HAWKINS, III | 10/16/2012 | 1327 | 752 | F131971 | LA | Lincoln | ||||||||||||
HEARNE ENTERPRISES #1, LLC |
7/12/2013 | 1332 | 978 | F134582 | LA | Lincoln | ||||||||||||
BARRY WAYNE HENRY | 1/21/2013 | 1326 | 956 | F131531 | LA | Lincoln | ||||||||||||
JIMMY MARVIN HENRY | 1/31/2013 | 1326 | 952 | F131530 | LA | Lincoln | ||||||||||||
HICKS-LAURENCE-WARDEN FAMLIY LIMITED |
||||||||||||||||||
PARTNERSHIP | 12/14/2010 | 1297 | 254 | F116598 | LA | Lincoln | ||||||||||||
MARILYN MADDEN HILL | 10/17/2012 | 1322 | 140 | F128794 | LA | Lincoln | ||||||||||||
CAROLYN DIANE HINSON | 9/11/2012 | 1319 | 331 | F127312 | LA | Lincoln | ||||||||||||
DRAYTON REED HINTON | 5/13/2013 | 1331 | 656 | F133981 | LA | Lincoln | ||||||||||||
LARRY WAYNE AND SHARON M. AKERS HISAW | 3/22/2013 | 1326 | 574 | F131379 | LA | Lincoln | ||||||||||||
WILLIAM LEONARD HODGE, JR. | 2/14/2013 | 1327 | 730 | F131966 | LA | lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
JEFFREY SCOTT AND ANGELA LYNN HOFFMAN | 10/22/2012 | 1322 | 91 | F128786 | LA | Lincoln | ||||||||||||
BOBBY D HOLLOWAY | 7/21/2011 | 1305 | 845 | F120398 | LA | Lincoln | ||||||||||||
MARIETTA MOORE HOLLOWAY | 10/21/2013 | LA | Lincoln | |||||||||||||||
PHILLIP S. AND REBECCA P. HOLTZCLAW | 10/25/2012 | 1322 | 161 | F128798 | LA | Lincoln | ||||||||||||
RANDAL WADE HOOD | 1/10/2014 | LA | Lincoln | |||||||||||||||
GILBERT WADE HOOD | 1/23/2014 | LA | Lincoln | |||||||||||||||
SHEPEARD HOOD | 1/23/2014 | LA | Lincoln | |||||||||||||||
MARVIN LEE AND KAYE OWENS HOPPER | 3/8/2013 | 1327 | 41 | F131553 | LA | Lincoln | ||||||||||||
MARY JO HOUCK | 4/27/2012 | 1326 | 223 | F131098 | LA | Lincoln | ||||||||||||
MARY JO HOUCK | 6/7/2012 | 1319 | 693 | F127375 | LA | Lincoln | ||||||||||||
BETTY KEEDY HOWE | 11/16/2010 | 1297 | 236 | F116593 | LA | Lincoln | ||||||||||||
RUBY COLVIN HAMMON HUCKABY | 3/15/2013 | 1327 | 56 | F1311556 | LA | Lincoln | ||||||||||||
ALEX T HUNT | 1/9/2013 | 1323 | 425 | F129491 | LA | Lincoln | ||||||||||||
HUNT FOREST PRODUCTS, INC. |
1/9/2013 | 1323 | 419 | F129489 | LA | Lincoln | ||||||||||||
DARIUS DEQUINT HUNTER | 12/20/2013 | LA | Lincoln | |||||||||||||||
JAMES MARSHALL LAUGHEAD FAMILY TRUST |
12/17/2010 | 1297 | 297 | F116609 | LA | Lincoln | ||||||||||||
JAMES MARSHALL LAUGHEAD FAMILY TRUST |
7/17/2013 | 1334 | 358 | F135208 | LA | Lincoln | ||||||||||||
LOUIS VERNON JAMISON | 10/11/2013 | LA | Lincoln | |||||||||||||||
JKD INVESTMENTS, LLC |
12/14/2010 | 1297 | 264 | F116600 | LA | Lincoln | ||||||||||||
JKD INVESTMENTS, LLC |
1/15/2014 | LA | Lincoln | |||||||||||||||
JOHN SLAYTON SIMONTON, JR. MARTIAL TRUST |
5/31/2013 | 1331 | 879 | F134139 | LA | Lincoln | ||||||||||||
RODNEY M. AND BEVERLY K. JOHNSON, JR. | 3/15/2013 | 1327 | 51 | F131555 | LA | Lincoln | ||||||||||||
JANET TERESA JONES | 2/20/2012 | 1319 | 399 | F127324 | LA | Lincoln | ||||||||||||
ANTHONY WAYNE JONES | 2/20/2012 | 1319 | 404 | F127325 | LA | Lincoln | ||||||||||||
BRUCE DESMOND JONES | 2/20/2012 | 1319 | 409 | F127326 | LA | Lincoln | ||||||||||||
HERSCHEL M JONES | 6/19/2012 | LA | Lincoln | |||||||||||||||
JOSHUA WAYNE JONES | 11/5/2012 | 1323 | 450 | F129497 | LA | Lincoln | ||||||||||||
BRUCE DESMOND JONES | 11/5/2012 | LA | Lincoln | |||||||||||||||
BILLY TROY AND DEBORAH FLOWERS JONES | 3/19/2013 | 1326 | 569 | F131378 | LA | Lincoln | ||||||||||||
CLAYTON FORREST JONES | 12/30/2013 | LA | Lincoln | |||||||||||||||
JWAL3, LLC |
1/15/2014 | LA | Lincoln | |||||||||||||||
JOHN A KEEDY | 11/16/2010 | 1297 | 245 | F116596 | LA | Lincoln | ||||||||||||
PAUL KEEDY | 11/16/2010 | 1297 | 242 | F116595 | LA | Lincoln | ||||||||||||
MARK KEEDY | 11/16/2010 | 1297 | 239 | F116594 | LA | Lincoln | ||||||||||||
BARI LYNN TEAGLE KENNINGTON | 11/9/2012 | 1322 | 255 | F128830 | LA | Lincoln | ||||||||||||
CRAIG M. AND MARY RUTH KENT | 8/23/2011 | 1306 | 739 | F120815 | LA | Lincoln | ||||||||||||
JAMES H KILGORE | 2/21/2011 | 1296 | 523 | F116296 | LA | Lincoln | ||||||||||||
GLENDA FAYE COLVIN KNOWLES | 3/15/2011 | 1299 | 478 | F117527 | LA | Lincoln | ||||||||||||
BENJAMIN C. LARY | 8/22/2011 | 1306 | 600 | F120748 | LA | Lincoln | ||||||||||||
GEORGE ROSS LAUGHEAD | 12/14/2010 | 1297 | 300 | F116610 | LA | Lincoln | ||||||||||||
GEORGE ROSS LAUGHEAD | 6/30/2011 | 1306 | 1 | F120427 | LA | Lincoln | ||||||||||||
JACKSON LEE AND WELLESLEY LEE | 4/11/2013 | 1327 | 87 | F131563 | LA | Lincoln | ||||||||||||
JACQUELINE L. LENZY | 8/19/2013 | LA | Lincoln | |||||||||||||||
LEE EDWARD LEWELLYAN | 5/1/2012 | 1319 | 640 | F127365 | LA | Lincoln | ||||||||||||
MAX TODD LEWIS | 4/25/2012 | 1319 | 624 | F127362 | LA | Lincoln | ||||||||||||
JOHN KENNETH AND PHYLLIS JEAN LAWLESS LIBENGOOD |
11/15/2012 | 1322 | 260 | F128831 | LA | Lincoln | ||||||||||||
SUZANNE PERRY LITSINGER | 12/13/2010 | 1297 | 304 | F116611 | LA | Lincoln | ||||||||||||
BARBARA ANNETTE BALLARD LITTLETON | 12/27/2012 | 1323 | 402 | F129485 | LA | Lincoln | ||||||||||||
JANITA K LO | 4/15/2013 | 1327 | 92 | F131564 | LA | Lincoln | ||||||||||||
BOBBY T LO | 4/30/2013 | 1328 | 653 | F132380 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
MARTHA JANE HINES LOE | 10/24/2012 | 1322 | 246 | F128828 | LA | Lincoln | ||||||||||||
DAVID R. AND LANA MICHELLE LONG | 3/14/2013 | 1328 | 617 | F132372 | LA | Lincoln | ||||||||||||
LOUISIANA MINERALS, LTD |
7/5/2011 | 1305 | 696 | F120365 | LA | Lincoln | ||||||||||||
LOUISIANA MINERALS, LTD |
11/6/2012 | 1322 | 53 | F128778 | LA | Lincoln | ||||||||||||
LOUISIANA UNITED METHODIST CHILDREN AND |
||||||||||||||||||
FAMILY SER | 4/27/2011 | 1305 | 979 | F120424 | LA | Lincoln | ||||||||||||
LOUISIANA UNITED METHODIST CHILDREN AND |
||||||||||||||||||
FAMILY SER | 9/11/2011 | 1305 | 974 | F120423 | LA | Lincoln | ||||||||||||
LOUISIANA UNITED METHODIST CHILDREN AND |
||||||||||||||||||
FAMILY SER | 4/8/2013 | 1328 | 701 | F132388 | LA | Lincoln | ||||||||||||
M. DOUGLAS WALTON, INC. |
7/9/2013 | 1331 | 675 | F133984 | LA | Lincoln | ||||||||||||
PHYLLIS ANN JONES MANUEL | 11/5/2012 | 1323 | 466 | F129500 | LA | Lincoln | ||||||||||||
NELDA CHRISTINE WILTCHER MARTIN | 5/31/2011 | 1305 | 795 | F120387 | LA | Lincoln | ||||||||||||
PHILLIP WAYNE MARTIN | 5/31/2011 | 1305 | 753 | F120379 | LA | Lincoln | ||||||||||||
SCOTT H. MARTIN | 5/31/2011 | 1305 | 812 | F120391 | LA | Lincoln | ||||||||||||
SCOTT H. MARTIN | 9/13/2011 | 1305 | 819 | F120392 | LA | Lincoln | ||||||||||||
WINSTON C. AND BRIGITTE JOHNSON MATEJOWSKY | 5/30/2013 | 1328 | 601 | F132369 | LA | Lincoln | ||||||||||||
DON MARVIN AND CAROLYN POWELL MCGEHEE | 9/28/2012 | 1319 | 549 | F127350 | LA | Lincoln | ||||||||||||
LENNIS DUPREE MCGLOTHEN | 3/22/2013 | 1326 | 548 | F131509 | LA | Lincoln | ||||||||||||
EMMETT CLAYTON MCKASKLE | 3/14/2013 | 1326 | 969 | F131539 | LA | Lincoln | ||||||||||||
DOUGLAS W MCKAY | 3/21/2013 | 1327 | 11 | F131547 | LA | Lincoln | ||||||||||||
MCPHERSON FAMILY TRUST |
8/3/2012 | 1319 | 534 | F127347 | LA | Lincoln | ||||||||||||
MILDU, LLC |
12/6/2012 | 1326 | 927 | F131525 | LA | Lincoln | ||||||||||||
MARK ANTHONY MILKS | 12/27/2012 | 1327 | 742 | F131969 | LA | Lincoln | ||||||||||||
GLENN E. AND ELIZABETH HARGRAVE MILLER | 5/15/2013 | 1328 | 648 | F132379 | LA | Lincoln | ||||||||||||
MARZEE WHITE MITCHAM | 11/15/2010 | LA | Lincoln | |||||||||||||||
JOAN ROGERS MORGAN | 9/17/2012 | 1319 | 357 | F127316 | LA | Lincoln | ||||||||||||
JASPER W. AND MARY ALVERNE HOOD MORTON | 6/4/2013 | 1331 | 639 | F133978 | LA | Lincoln | ||||||||||||
GLORIA A. MOSES | 7/18/2012 | 1319 | 500 | F127342 | LA | Lincoln | ||||||||||||
RALEIGH L MYERS | 9/19/2013 | LA | Lincoln | |||||||||||||||
NONA DALE AND TERRIS LOIS CLARK NASH | 7/26/2012 | 1319 | 518 | F127344 | LA | Lincoln | ||||||||||||
LAURA ATKINSON NEL | 6/1/2011 | 1305 | 961 | F120421 | LA | Lincoln | ||||||||||||
THOMAS A. MARY LOUBARLOW NEWLEN | 8/27/2013 | LA | Lincoln | |||||||||||||||
WILLIAM GARY AND THERESA HAFFEY NIX | 11/4/2010 | LA | Lincoln | |||||||||||||||
WILLIAM GARY AND THERESA HAFFEY NIX | 11/15/2010 | LA | Lincoln | |||||||||||||||
WILLIAM GARY AND THERESA HAFFEY NIX | 10/15/2013 | LA | Lincoln | |||||||||||||||
RICHARD A NIXON | 2/20/2013 | 1327 | 74 | F131560 | LA | Lincoln | ||||||||||||
GARY AND SUSAN KELLEY NOLES | 4/18/2013 | 1328 | 606 | F132370 | LA | Lincoln | ||||||||||||
TIMOTHY RAY AND KIMBERLY NEWSOME NUTT | 10/25/2012 | 1322 | 193 | F128804 | LA | Lincoln | ||||||||||||
ROBERT THOMAS AND MILDRED LASHONE OLIVER | 6/11/2013 | 1332 | 970 | F134580 | LA | Lincoln | ||||||||||||
CHARLES H. AND DELORIS STEPHENSON OWENS, III | 9/4/2013 | LA | Lincoln | |||||||||||||||
MILDRED WILSON PARKER | 2/6/2014 | LA | Lincoln | |||||||||||||||
DOROTHY L PATTERSON | 7/9/2013 | LA | Lincoln | |||||||||||||||
JEREMY HAYDEN AND TANYA SHEA HUMPHREY PAUL | 3/14/2013 | 1327 | 46 | F131554 | LA | Lincoln | ||||||||||||
JANIS C PERRITT | 9/25/2012 | 1319 | 345 | F127314 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
HAROLD ROSS PERRITT | 10/23/2012 | 1322 | 129 | F128792 | LA | Lincoln | ||||||||||||
WILLIS D PERRITT | 10/23/2012 | 1322 | 146 | F128795 | LA | Lincoln | ||||||||||||
JUSTIN HOWARD PERRITT | 10/25/2012 | 1322 | 210 | F128807 | LA | Lincoln | ||||||||||||
ZEMOBIA YOUNGER PERRY | 8/22/2013 | LA | Lincoln | |||||||||||||||
VIVIAN YOUNGER PERRY | 1/7/2014 | LA | Lincoln | |||||||||||||||
JOSEPH GREGORY PESNELL | 4/7/2012 | 1319 | 882 | F127407 | LA | Lincoln | ||||||||||||
DURWARD AND ALICE LANN PETERSON | 10/15/2012 | 1322 | 43 | F128776 | LA | Lincoln | ||||||||||||
TERRY GAYLE AND CAROLE BURHALTER PLAMONDON | 11/22/2010 | 1297 | 228 | F116591 | LA | Lincoln | ||||||||||||
TERRY GAYLE AND CAROLE BURHALTER PLAMONDON | 10/10/2013 | LA | Lincoln | |||||||||||||||
SYLVIA RICHARD POPE | 5/23/2012 | 1319 | 678 | F127372 | LA | Lincoln | ||||||||||||
RHONDA TINSLEY POPE | 9/16/2013 | LA | Lincoln | |||||||||||||||
WAYLAND E. PULLIG | 1/8/2014 | Lincoln | ||||||||||||||||
PULPWOOD PRODUCERS |
6/27/2013 | 1331 | 679 | F133985 | LA | Lincoln | ||||||||||||
QUARLES PROPERTIES, LLC |
7/6/2013 | 1331 | 683 | F133986 | LA | Lincoln | ||||||||||||
CHARLES MICHAEL RAMSDELL | 12/17/2010 | 1297 | 288 | F116606 | LA | Lincoln | ||||||||||||
MAXINE H READY | 12/20/2012 | 1324 | 588 | F130069 | LA | Lincoln | ||||||||||||
ESSIE RICHARD AND JOHN W. REED | 5/23/2012 | 1319 | 673 | F127371 | LA | Lincoln | ||||||||||||
GWENDOLYN T REESE | 2/7/2013 | 1326 | 937 | F131527 | LA | Lincoln | ||||||||||||
KAY KYLE RICE | 4/18/2013 | LA | Lincoln | |||||||||||||||
SHELYNA THAWER RICE | 6/20/2013 | 1331 | 625 | F133975 | LA | Lincoln | ||||||||||||
SAMMY L RICH | 12/21/2012 | 1327 | 698 | F131959 | LA | Lincoln | ||||||||||||
MELLIE HODGE RICH | 1/17/2013 | 1327 | 757 | F131972 | LA | Lincoln | ||||||||||||
BRIDGET GAIL RICHARDSON | 2/20/2012 | 1319 | 394 | F127323 | LA | Lincoln | ||||||||||||
DARRELL L. AND FRANCES W. RICHARDSON | 4/30/2012 | 1319 | 612 | F127360 | LA | Lincoln | ||||||||||||
DARRELL LYNN RICHARDSON | 5/31/2012 | 1319 | 723 | F127381 | LA | Lincoln | ||||||||||||
JIMMIE LANE AND SANDRA K. NICKLAS RICHARDSON | 1/13/2013 | 1326 | 865 | F131513 | LA | Lincoln | ||||||||||||
VICKI SUE RITZ | 7/2/2013 | 1330 | 720 | F133547 | LA | Lincoln | ||||||||||||
REUL GENE, JR. AND KAREN WOOLEY ROBERSON | 4/1/2013 | 1326 | 980 | F131541 | LA | Lincoln | ||||||||||||
JAMES M ROGERS | 9/17/2012 | 1327 | 718 | F131963 | LA | Lincoln | ||||||||||||
BILL G. ROGERS | 3/5/2013 | 1326 | 184 | F131087 | LA | Lincoln | ||||||||||||
NEAL LEO AND GENA PECORARO RUFFINO | 7/16/2012 | 1319 | 683 | F127373 | LA | Lincoln | ||||||||||||
SIBYL IRENE RUSSELL | 3/26/2012 | 1319 | 855 | F127402 | LA | Lincoln | ||||||||||||
KENNETH P SAMPSON | 10/15/2012 | LA | Lincoln | |||||||||||||||
ROY WESLEY AND KATHERINE KAY TERRELL SCHUBERT | 2/6/2013 | 1327 | 119 | F131569 | LA | Lincoln | ||||||||||||
SHERRI TINSLEY SHARP | 9/16/2013 | LA | Lincoln | |||||||||||||||
LUCILLE WOODARD SHELTON | 5/31/2012 | 1319 | 713 | F127379 | LA | Lincoln | ||||||||||||
RICKI R SHOVAN | 12/21/2012 | 1327 | 708 | F131961 | LA | Lincoln | ||||||||||||
SHRINERS HOSPITAL FOR CHILDREN |
11/6/2012 | 1324 | 580 | F130067 | LA | Lincoln | ||||||||||||
BENJAMIN F. SIMS | 10/8/2013 | LA | Lincoln | |||||||||||||||
SKINNER LAND, LLC |
10/11/2013 | LA | Lincoln | |||||||||||||||
KATHY ADALE SLOCUM | 10/25/2012 | 1322 | 198 | F128805 | LA | Lincoln | ||||||||||||
STEPHEN O SMITH | 12/14/2010 | 1297 | 259 | F116599 | LA | Lincoln | ||||||||||||
TREY AD TARA WHITLOW SMITH | 4/15/2013 | 1327 | 31 | F131551 | LA | Lincoln | ||||||||||||
THOMAS JAMES, III AND ADRIANNE HADDOX SMITH | 6/15/2013 | 1331 | 645 | F133979 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
THOMAS JAMES, III AND ADRIANNE HADDOX SMITH | 6/15/2013 | 1331 | 634 | F133977 | LA | Lincoln | ||||||||||||
TERRI GILBERT SPENCE | 12/19/2013 | LA | Lincoln | |||||||||||||||
CYNTHIA WALKER STEINACKER | 4/10/2013 | 1328 | 668 | F132382 | LA | Lincoln | ||||||||||||
HESTER ANN STINNETT | 2/15/2013 | 1326 | 931 | F131526 | LA | Lincoln | ||||||||||||
JOHN S. AND TERESA DIANE STONE | 5/30/2013 | 1328 | 686 | F132385 | LA | Lincoln | ||||||||||||
GEORGE M STRICKLER, JR. | 1/21/2011 | 1299 | 507 | F117534 | LA | Lincoln | ||||||||||||
LESSIE JILL STUEART | 3/29/2011 | 1306 | 603 | F120749 | LA | Lincoln | ||||||||||||
SUCCESSION OF ESTHER CLAIRE REESE THOMPSON |
12/21/2012 | 1327 | 713 | F131962 | LA | Lincoln | ||||||||||||
SUCCESSION OF REUBEN NEAL BAREMORE |
5/2/2013 | 1327 | 388 | F131732 | LA | Lincoln | ||||||||||||
SYLVAN ACRES FAMILY, LP |
10/8/2012 | 1319 | 367 | F127318 | LA | Lincoln | ||||||||||||
TALBERT FAMILY, LLC |
5/20/2013 | 1328 | 633 | F132376 | LA | Lincoln | ||||||||||||
TALBERT FAMILY, LLC |
9/12/2013 | 1335 | 458 | F135999 | LA | Lincoln | ||||||||||||
KATHERINE L. ZAWADA TALEB | 11/20/2012 | 1323 | 506 | F129506 | LA | Lincoln | ||||||||||||
JAMES CHARLES TARBUTTON | 8/22/2013 | LA | Lincoln | |||||||||||||||
TIMOTHY H. AND TERESA CHANDLER TAYLOR | 1/25/2013 | 1327 | 677 | F131954 | LA | Lincoln | ||||||||||||
BRODIE D. AND MARGARET JOYCE TELFORD | 11/15/2010 | LA | Lincoln | |||||||||||||||
MARY ELEANOR HARRIS TEMPLE | 1/6/2014 | LA | Lincoln | |||||||||||||||
MARY ELEANOR HARRIS TEMPLE | 1/10/2014 | LA | Lincoln | |||||||||||||||
ELVA MARIE CARTER TERRELL | 7/24/2012 | 1322 | 271 | F128833 | LA | Lincoln | ||||||||||||
THE BROWNLAND CORPORATION |
9/27/2013 | LA | Lincoln | |||||||||||||||
THE BROWNLAND CORPORATION |
1/6/2014 | LA | Lincoln | |||||||||||||||
THE CAROLINE MARBURY TRUST |
8/22/2013 | 1334 | 346 | F135206 | LA | Lincoln | ||||||||||||
THE FRED LEE RAMSDELL TRUST |
12/21/2010 | 1297 | 294 | F116608 | LA | Lincoln | ||||||||||||
THE FRED LEE RAMSDELL TRUST |
6/30/2011 | 1305 | 862 | F120401 | LA | Lincoln | ||||||||||||
THE RUBY SELPH STURGIS TRUST FBO JOHN M. |
||||||||||||||||||
STURGIS | 3/21/2011 | 1299 | 516 | F117537 | LA | Lincoln | ||||||||||||
THE WILLIAM H. RAMSDELL & VIRGINIA G. RAMSDELL |
||||||||||||||||||
REVOCABLE LIVING TRUST | 12/20/2010 | 1299 | 513 | F117536 | LA | Lincoln | ||||||||||||
THE WILLIAM H. RAMSDELL AND VIRGINIA G. |
||||||||||||||||||
RAMSDELL R | 6/30/2011 | 1305 | 984 | F120425 | LA | Lincoln | ||||||||||||
GREGORY ALAN THOMAS | 8/6/2013 | 1334 | 339 | F135204 | LA | Lincoln | ||||||||||||
SARAH N THRAILKILL | 12/21/2012 | 1327 | 688 | F131957 | LA | Lincoln | ||||||||||||
MICHAEL LAND KATHY T. TOWNS | 10/23/2012 | 1322 | 151 | F128796 | LA | Lincoln | ||||||||||||
STEVEN L. AND JENNIFER PETERSON TOWNS | 11/28/2012 | 1322 | 66 | F128781 | LA | Lincoln | ||||||||||||
FRANCES LEIGH TRAYLOR | 3/31/2011 | 1299 | 492 | F117531 | LA | Lincoln | ||||||||||||
TRUSSELL HOLDINGS, LLC |
4/19/2012 | 1319 | 606 | F127359 | LA | Lincoln | ||||||||||||
DAVID E TURNER | 6/28/2013 | 1330 | 678 | F133538 | LA | Lincoln | ||||||||||||
MARY BELLE KIRLAND TUTEN | 12/6/2012 | 1323 | 496 | F129504 | LA | Lincoln | ||||||||||||
JACKIE ANN LEWIS VINING | 8/14/2013 | 1334 | 343 | F135205 | LA | Lincoln | ||||||||||||
JACK BRADLEY WALDRON | 7/2/2013 | 1330 | 702 | F133543 | LA | Lincoln | ||||||||||||
JACK BRADLEY WALDRON | 7/2/2013 | 1330 | 688 | F133540 | LA | Lincoln | ||||||||||||
ALBERT LEE AND LISA FAYE DAVIS WALKER | 5/8/2012 | 1319 | 635 | F127364 | LA | Lincoln | ||||||||||||
ALBERT LEE AND LISA FAYE DAVIS WALKER | 10/15/2012 | 1322 | 86 | F128785 | LA | Lincoln | ||||||||||||
BARBARA JEAN WALKER | 12/27/2012 | 1326 | 192 | F131088 | LA | Lincoln | ||||||||||||
KENDRA RAY WALL | 6/27/2013 | 1330 | 674 | F133537 | LA | Lincoln | ||||||||||||
TANYE L. WALLACE | 9/25/2012 | 1322 | 95 | F128787 | LA | Lincoln | ||||||||||||
FRANKLIN STEVEN AND GINGER GUNTER WALPOLE | 12/14/2010 | 1297 | 264 | F116601 | LA | Lincoln | ||||||||||||
MICHAEL LEE AND PAMELA BEST WALPOLE | 1/5/2011 | 1297 | 274 | F116602 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
FRANKLIN STEVEN AND GINGER GUNTER WALPOLE | 1/15/2014 | LA | Lincoln | |||||||||||||||
BETTY BONUGLI WALTERS | 1/14/2013 | 1326 | 948 | F131529 | LA | Lincoln | ||||||||||||
JOAN LARANCE WARREN | 9/28/2012 | 1319 | 554 | F127351 | LA | Lincoln | ||||||||||||
M. DOUGLAS WATSON | 7/9/2013 | 1330 | 707 | F133544 | LA | Lincoln | ||||||||||||
ANDREW F. WEIR | 12/30/2013 | LA | Lincoln | |||||||||||||||
MITZI ELIZABETH HAMILTON WERNER | 3/10/2011 | 1299 | 475 | F117526 | LA | Lincoln | ||||||||||||
MITZI ELIZABETH HAMILTON WERNER | 8/9/2011 | 1306 | 607 | F120750 | LA | Lincoln | ||||||||||||
WEYERHAEUSER COMPANY |
5/25/2012 | 1322 | 801 | F129117 | LA | Lincoln | ||||||||||||
ROBERT OTIS WHITE | 6/24/2013 | 1331 | 916 | F134144 | LA | Lincoln | ||||||||||||
WHITE LIGHTNING FARMS, LLC |
3/6/2014 | LA | Lincoln | |||||||||||||||
COLLIN DALE AND DE ETTE TTBIAS WICK | 4/12/2013 | 1327 | 16 | F131548 | LA | Lincoln | ||||||||||||
GWENDOLYN BLACKWELL WILHITE | 5/27/2011 | 1305 | 731 | F120374 | LA | Lincoln | ||||||||||||
DAVID LEE WILLIAMS | 5/3/2012 | 1319 | 645 | F127366 | LA | Lincoln | ||||||||||||
ARBY M WILLIAMS | 10/16/2012 | 1322 | 226 | F128810 | LA | Lincoln | ||||||||||||
KEVIN BRIAN AND CHALLYS MARIE MCKINNEY | ||||||||||||||||||
WILLIAMS | 10/16/2012 | 1322 | 231 | F128811 | LA | Lincoln | ||||||||||||
CYNDA WEIR WILLIS | 12/30/2013 | LA | Lincoln | |||||||||||||||
HERBERT BRADLEY WOMACK | 1/9/2013 | 1323 | 501 | F129505 | LA | Lincoln | ||||||||||||
DEBRA K WOODARD | 4/18/2012 | 1319 | 876 | F127406 | LA | Lincoln | ||||||||||||
JOHN BARRY WOODARD | 5/15/2013 | 1328 | 691 | F132386 | LA | Lincoln | ||||||||||||
WOODLAND ACRES |
12/14/2010 | 1297 | 249 | F116597 | LA | Lincoln | ||||||||||||
JOYCE DELONY WOODS | 7/21/2011 | 1306 | 595 | F120747 | LA | Lincoln | ||||||||||||
ROBERT S. AND MARTHA JOYCE BROOKS WYNN, JR. | 12/6/2012 | 1327 | 734 | F131967 | LA | Lincoln | ||||||||||||
JERRY VON YARBOROUGH | 3/15/2013 | 1326 | 976 | F131540 | LA | Lincoln | ||||||||||||
MICHELLE D. YOUNG | 2/8/2013 | 1326 | 832 | F131506 | LA | Lincoln | ||||||||||||
WILLIE EARL YOUNG | 3/20/2013 | 1331 | 888 | 41500 | LA | Lincoln | ||||||||||||
JAMES EARL AND CHARLENE A. YOUNG | 3/20/2013 | 1331 | 906 | F134142 | LA | Lincoln | ||||||||||||
LEVELL AND PEARL R. YOUNGER | 8/22/2013 | LA | Lincoln | |||||||||||||||
HOWARD D YOUNGER | 8/22/2013 | LA | Lincoln | |||||||||||||||
MARGARET LOUISE ZACHRY | 8/30/2013 | LA | Lincoln | |||||||||||||||
MELANIE CARSON HARRIS ZACHRY | 10/16/2013 | LA | Lincoln | |||||||||||||||
CAREY P. ZAWADA | 4/25/2012 | 1319 | 565 | F127353 | LA | Lincoln | ||||||||||||
4 ANGELS FARM, LLC |
SCHOEFFLER ENERGY LLC | 12/16/2013 | LA | Lincoln | ||||||||||||||
BRUCE AND WANDA T. ALLEN | SCHOEFFLER ENERGY LLC | 2/17/2012 | 1319 | 796 | F127393 | LA | Lincoln | |||||||||||
BETTY NORRIS APALATEGUI | SCHOEFFLER ENERGY LLC | 3/6/2012 | 1319 | 385 | F127322 | LA | Lincoln | |||||||||||
CLIFFORD RAY AND CAROLE KEEDY ARRINGTON | SCHOEFFLER ENERGY LLC | 9/26/2013 | LA | Lincoln | ||||||||||||||
DOROTHY OGLEE BARROW | SCHOEFFLER ENERGY LLC | 2/20/2013 | 1327 | 114 | F131568 | LA | Lincoln | |||||||||||
DONALD L. AND MARY ANN BELTON | SCHOEFFLER ENERGY LLC | 2/15/2013 | 1327 | 97 | F131565 | LA | Lincoln | |||||||||||
ANNIE BRYANT BISSIC | SCHOEFFLER ENERGY LLC | 4/4/2012 | 1319 | 419 | F127328 | LA | Lincoln | |||||||||||
CORA RANKINS BISSIC | SCHOEFFLER ENERGY LLC | 11/1/2013 | 1338 | 493 | F137440 | LA | Lincoln | |||||||||||
CHRIS W. BITTICK | SCHOEFFLER ENERGY LLC | 3/12/2012 | 1319 | 444 | F127333 | LA | Lincoln | |||||||||||
DALMA PAUL WILLIAMS BRILEY | SCHOEFFLER ENERGY LLC | 12/6/2013 | LA | Lincoln | ||||||||||||||
BRENDA SUE CHANDLER BRISTER | SCHOEFFLER ENERGY LLC | 7/17/2013 | 1331 | 883 | F134140 | LA | Lincoln | |||||||||||
NANCY CAROLYN BROWNLEE | SCHOEFFLER ENERGY LLC | 3/30/2012 | 1319 | 591 | F127356 | LA | Lincoln | |||||||||||
PAMELA CARDWELL COLLINSWORTH | SCHOEFFLER ENERGY LLC | 2/19/2013 | 1327 | 124 | F131570 | LA | Lincoln | |||||||||||
SHELBY GENE COOPER | SCHOEFFLER ENERGY LLC | 11/18/2013 | LA | Lincoln | ||||||||||||||
JOE LENON COPES | SCHOEFFLER ENERGY LLC | 10/25/2013 | LA | Lincoln | ||||||||||||||
FRANK M. AND KATHIE MARTIN CORDARO | SCHOEFFLER ENERGY LLC | 9/24/2013 | LA | Lincoln | ||||||||||||||
FRANK M. AND KATHIE MARTIN CORDARO | SCHOEFFLER ENERGY LLC | 9/24/2013 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
FRANK M. AND KATHIE MARTIN CORDARO | SCHOEFFLER ENERGY LLC | 9/24/2013 | LA | Lincoln | ||||||||||||||
FRANK M. AND KATHIE MARTIN CORDARO | SCHOEFFLER ENERGY LLC | 9/24/2013 | LA | Lincoln | ||||||||||||||
HAROLD EUGENE AND ELIZABETH ROGERS | ||||||||||||||||||
DAUGHDRIL | SCHOEFFLER ENERGY LLC | 2/24/2012 | 1319 | 818 | F127397 | LA | Lincoln | |||||||||||
ELIZABETH MERIEL ROGERS DAUGHDRIL | SCHOEFFLER ENERGY LLC | 2/24/2012 | 1319 | 813 | F127396 | LA | Lincoln | |||||||||||
RUBY DAVENPORT | SCHOEFFLER ENERGY LLC | 12/8/2013 | LA | Lincoln | ||||||||||||||
SELMA GRACE SANDERS DAVIDSON | SCHOEFFLER ENERGY LLC | 11/18/2013 | LA | Lincoln | ||||||||||||||
WILBERT AND EBELLA C. DAVIS | SCHOEFFLER ENERGY LLC | 8/15/2013 | LA | Lincoln | ||||||||||||||
ROSE TURNER DEW | SCHOEFFLER ENERGY LLC | 6/28/2013 | 1330 | 724 | F133548 | LA | Lincoln | |||||||||||
DON AND MARTHA SHARON GARRISON DURRETT | SCHOEFFLER ENERGY LLC | 6/14/2012 | 1319 | 730 | F127382 | LA | Lincoln | |||||||||||
STACIA BREWSTER EMERSON | SCHOEFFLER ENERGY LLC | 8/29/2013 | 1337 | 613 | F137062 | LA | Lincoln | |||||||||||
DOUGLAS TURNER FARR | SCHOEFFLER ENERGY LLC | 2/9/2012 | 1319 | 807 | F127395 | LA | Lincoln | |||||||||||
JUDY LYNN FOX | SCHOEFFLER ENERGY LLC | 3/26/2012 | 1319 | 897 | F127410 | LA | Lincoln | |||||||||||
VINCENT KEVIN AND SHARON HAMMONS FRANKLIN | SCHOEFFLER ENERGY LLC | 3/9/2012 | 1319 | 449 | F127334 | LA | Lincoln | |||||||||||
WENDELL DEAN GARRISON | SCHOEFFLER ENERGY LLC | 4/2/2012 | 1319 | 902 | F127411 | LA | Lincoln | |||||||||||
JOHN HENRY AND SANDRA ANN LANDRY GASS | SCHOEFFLER ENERGY LLC | 6/6/2013 | 1328 | 681 | F132384 | LA | Lincoln | |||||||||||
RICHARD LEE GILBERT | SCHOEFFLER ENERGY LLC | 12/19/2013 | LA | Lincoln | ||||||||||||||
TERRANCE & GWENDOLYN GILES | SCHOEFFLER ENERGY LLC | 12/18/2013 | LA | Lincoln | ||||||||||||||
TERRANCE GILES | SCHOEFFLER ENERGY LLC | 12/18/2013 | LA | Lincoln | ||||||||||||||
SAMANTHA ANN GINN | SCHOEFFLER ENERGY LLC | 12/12/2013 | LA | Lincoln | ||||||||||||||
SAMANTHA ANN GINN | SCHOEFFLER ENERGY LLC | 12/30/2013 | LA | Lincoln | ||||||||||||||
STEPHEN MICHAEL AND ELIZABETH ARLEDGE | ||||||||||||||||||
GLEASON | SCHOEFFLER ENERGY LLC | 3/5/2012 | 1319 | 428 | F127330 | LA | Lincoln | |||||||||||
SHARON FREEMAN GOLDMAN | SCHOEFFLER ENERGY LLC | 12/12/2013 | 1338 | 477 | F137436 | LA | Lincoln | |||||||||||
ALBERT GROVER AND MARY ELLA GADBERRY | ||||||||||||||||||
GRAHAM | SCHOEFFLER ENERGY LLC | 12/4/2013 | LA | Lincoln | ||||||||||||||
LARRY KENT GRAHAM | SCHOEFFLER ENERGY LLC | 12/4/2013 | LA | Lincoln | ||||||||||||||
LARRY KENT GRAHAM | SCHOEFFLER ENERGY LLC | 12/4/2013 | LA | Lincoln | ||||||||||||||
JAMES HOUSTON AND MARGARET CATHERINE HALL | SCHOEFFLER ENERGY LLC | 10/16/2013 | LA | Lincoln | ||||||||||||||
JOHNNY CLEVELAND HAMMONS | SCHOEFFLER ENERGY LLC | 10/11/2013 | LA | Lincoln | ||||||||||||||
HICKS-LAURENCE-WARDEN FAMLIY LIMITED |
||||||||||||||||||
PARTNERSHIP | SCHOEFFLER ENERGY LLC | 9/24/2013 | LA | Lincoln | ||||||||||||||
LEE ARTHUR AND ARLENE LOUISE HILL | SCHOEFFLER ENERGY LLC | 12/16/2013 | 1338 | 472 | F137435 | LA | Lincoln | |||||||||||
SANDRA HORNE | SCHOEFFLER ENERGY LLC | 9/30/2013 | 1338 | 569 | F137454 | LA | Lincoln | |||||||||||
BETTY KEEDY HOWE | SCHOEFFLER ENERGY LLC | 9/25/2013 | LA | Lincoln | ||||||||||||||
JAMES MARSHALL LAUGHEAD FAMILY TRUST |
SCHOEFFLER ENERGY LLC | 7/17/2013 | 1334 | 349 | F135207 | LA | Lincoln | |||||||||||
JAMES MARSHALL LAUGHEAD FAMILY TRUST |
SCHOEFFLER ENERGY LLC | 9/27/2013 | LA | Lincoln | ||||||||||||||
ANTHONY WAYNE AND DENISE STEWARD JONES | SCHOEFFLER ENERGY LLC | 2/6/2012 | 1323 | 428 | F129492 | LA | Lincoln | |||||||||||
JANET TERESA JONES | SCHOEFFLER ENERGY LLC | 2/16/2012 | 1319 | 786 | F127391 | LA | Lincoln | |||||||||||
CLAYTON FORREST JONES | SCHOEFFLER ENERGY LLC | 12/12/2013 | LA | Lincoln | ||||||||||||||
TERRIE ANN DOUGHERTY JORDAN | SCHOEFFLER ENERGY LLC | 3/6/2012 | 1319 | 434 | F127331 | LA | Lincoln | |||||||||||
MARK KEEDY | SCHOEFFLER ENERGY LLC | 9/30/2013 | LA | Lincoln | ||||||||||||||
JOHN A KEEDY | SCHOEFFLER ENERGY LLC | 9/25/2013 | LA | Lincoln | ||||||||||||||
PAUL KEEDY | SCHOEFFLER ENERGY LLC | 9/25/2013 | LA | Lincoln | ||||||||||||||
GEORGE ROSS LAUGHEAD | SCHOEFFLER ENERGY LLC | 9/27/2013 | LA | Lincoln | ||||||||||||||
JOHN KENNETH AND PHYLLIS JEAN LAWLESS | ||||||||||||||||||
LIBENGOOD | SCHOEFFLER ENERGY LLC | 3/27/2012 | 1319 | 892 | F127409 | LA | Lincoln | |||||||||||
PHYLLIS ANN JONES MANUEL | SCHOEFFLER ENERGY LLC | 3/6/2012 | 1319 | 414 | F127327 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
STEVEN L MORTON | SCHOEFFLER ENERGY LLC | 6/11/2013 | 1331 | 912 | F134143 | LA | Lincoln | |||||||||||
DAVID & ANGELA NALITT | SCHOEFFLER ENERGY LLC | 1/8/2014 | LA | Lincoln | ||||||||||||||
CHRISTOPHER CLAUDE NORRIS | SCHOEFFLER ENERGY LLC | 3/29/2012 | 1319 | 772 | F127389 | LA | Lincoln | |||||||||||
TERRY GAYLE AND CAROLE BURHALTER PLAMONDON | SCHOEFFLER ENERGY LLC | 10/10/2013 | LA | Lincoln | ||||||||||||||
TERRY GAYLE AND CAROLE BURHALTER PLAMONDON | SCHOEFFLER ENERGY LLC | 10/10/2013 | LA | Lincoln | ||||||||||||||
TERRY GAYLE AND CAROLE BURHALTER PLAMONDON | SCHOEFFLER ENERGY LLC | 10/10/2013 | LA | Lincoln | ||||||||||||||
JOHN E. AND GLENDA SUE COUNCIL PRICE | SCHOEFFLER ENERGY LLC | 7/8/2013 | 1330 | 697 | F133542 | LA | Lincoln | |||||||||||
JOHN E PRICE | SCHOEFFLER ENERGY LLC | 7/8/2013 | 1330 | 693 | F133541 | LA | Lincoln | |||||||||||
CHARLES MICHAEL RAMSDELL | SCHOEFFLER ENERGY LLC | 9/27/2013 | LA | Lincoln | ||||||||||||||
BRYAN D. AND LESLIE EVANS RAY | SCHOEFFLER ENERGY LLC | 7/26/2013 | 1331 | 871 | F134137 | LA | Lincoln | |||||||||||
AL RICH | SCHOEFFLER ENERGY LLC | 11/18/2013 | LA | Lincoln | ||||||||||||||
BRYAN ROGERS | SCHOEFFLER ENERGY LLC | 3/9/2012 | 1319 | 865 | F127404 | LA | Lincoln | |||||||||||
JAMES M ROGERS | SCHOEFFLER ENERGY LLC | 4/30/2012 | 1319 | 870 | F127405 | LA | Lincoln | |||||||||||
JAMES M ROGERS | SCHOEFFLER ENERGY LLC | 1/3/2013 | 1327 | 722 | F131964 | LA | Lincoln | |||||||||||
DAVID LEE ROGERS | SCHOEFFLER ENERGY LLC | 3/15/2012 | 1319 | 839 | F127400 | LA | Lincoln | |||||||||||
SIBLEY LAKE REALTY CORPORATION |
SCHOEFFLER ENERGY LLC | 11/25/2013 | 1338 | 499 | F137442 | LA | Lincoln | |||||||||||
JOHN DAVID SLAGLE | SCHOEFFLER ENERGY LLC | 9/17/2013 | LA | Lincoln | ||||||||||||||
DONALD B. AND BARBARA LIBENGOOD SMITH | SCHOEFFLER ENERGY LLC | 2/21/2012 | 1319 | 802 | F127394 | LA | Lincoln | |||||||||||
STEPHEN O SMITH | SCHOEFFLER ENERGY LLC | 1/15/2014 | LA | Lincoln | ||||||||||||||
JOYCE M. SPEED | SCHOEFFLER ENERGY LLC | 12/8/2013 | LA | Lincoln | ||||||||||||||
JAYS STANLEY | SCHOEFFLER ENERGY LLC | 2/15/2013 | 1328 | 676 | F132383 | LA | Lincoln | |||||||||||
SYLVAN ACRES FAMILY, LP |
SCHOEFFLER ENERGY LLC | 10/24/2012 | LA | Lincoln | ||||||||||||||
SYLVAN ACRES FAMILY, LP |
SCHOEFFLER ENERGY LLC | 10/24/2012 | LA | Lincoln | ||||||||||||||
SYLVAN ACRES FAMILY, LP |
SCHOEFFLER ENERGY LLC | 2/16/2012 | 1319 | 791 | F127392 | LA | Lincoln | |||||||||||
JAMES MARK TAYLOR | SCHOEFFLER ENERGY LLC | 4/2/2012 | 1319 | 618 | F127361 | LA | Lincoln | |||||||||||
JONATHAN A. AND CHASITY CROSS TAYLOR | SCHOEFFLER ENERGY LLC | 12/6/2013 | LA | Lincoln | ||||||||||||||
BRODIE D. AND MARGARET JOYCE TELFORD | SCHOEFFLER ENERGY LLC | 9/30/2013 | LA | Lincoln | ||||||||||||||
MARY ELEANOR HARRIS TEMPLE | SCHOEFFLER ENERGY LLC | 10/16/2013 | LA | Lincoln | ||||||||||||||
THE FRED LEE RAMSDELL TRUST |
SCHOEFFLER ENERGY LLC | 9/27/2013 | LA | Lincoln | ||||||||||||||
THE JAMES K. SEHON, SR. AND ELIZABETH G. SEHON |
||||||||||||||||||
REVOCABLE LIVING TRUST | SCHOEFFLER ENERGY LLC | 3/26/2012 | 1319 | 860 | F127403 | LA | Lincoln | |||||||||||
MICHAEL GREGORY THOMAS | SCHOEFFLER ENERGY LLC | 1/25/2013 | 1326 | 943 | F131528 | LA | Lincoln | |||||||||||
JOSEPH SAMUEL TURNER | SCHOEFFLER ENERGY LLC | 6/28/2013 | 1330 | 716 | F133546 | LA | Lincoln | |||||||||||
MARY JANE TURNER | SCHOEFFLER ENERGY LLC | 12/6/2013 | LA | Lincoln | ||||||||||||||
JACKIE ANN LEWIS VINING | SCHOEFFLER ENERGY LLC | 3/14/2012 | 1319 | 439 | F127332 | LA | Lincoln | |||||||||||
VIRGINIA RAMSDELL MERSHON TRUST |
SCHOEFFLER ENERGY LLC | 9/27/2013 | LA | Lincoln | ||||||||||||||
JOHN T. WALKER | SCHOEFFLER ENERGY LLC | 12/13/2013 | LA | Lincoln | ||||||||||||||
WALNUT CREEK CEMETERY |
SCHOEFFLER ENERGY LLC | 6/3/2013 | 1330 | 69 | F133167 | LA | Lincoln | |||||||||||
KEVIN H. WEIR | SCHOEFFLER ENERGY LLC | 12/12/2013 | LA | Lincoln | ||||||||||||||
ANDREW F. WEIR | SCHOEFFLER ENERGY LLC | 12/12/2013 | LA | Lincoln | ||||||||||||||
AMY BLOXOM WILLIAMS | SCHOEFFLER ENERGY LLC | 12/26/2013 | 1338 | 472 | F137431 | LA | Lincoln | |||||||||||
MIRIAM M. WILLIAMS | SCHOEFFLER ENERGY LLC | 9/18/2013 | LA | Lincoln | ||||||||||||||
SANDRA KILGORE WILLIAMSON | SCHOEFFLER ENERGY LLC | 1/13/2014 | LA | Lincoln | ||||||||||||||
CYNDA WEIR WILLIS | SCHOEFFLER ENERGY LLC | 12/12/2013 | LA | Lincoln | ||||||||||||||
DEBRA K WOODARD | SCHOEFFLER ENERGY LLC | 11/3/2012 | 1322 | 61 | F128780 | LA | Lincoln | |||||||||||
WOODLAND ACRES |
SCHOEFFLER ENERGY LLC | 9/24/2013 | LA | Lincoln | ||||||||||||||
GENE BRAZZEL | WILDHORSE RESOURCES, LLC | 5/16/2011 | 1306 | 623 | F120754 | LA | Lincoln | |||||||||||
GARY L BRAZZEL | WILDHORSE RESOURCES, LLC | 5/17/2011 | 1305 | 703 | F120367 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
C.L.B. PROPERTIES, INC. |
WILDHORSE RESOURCES, LLC | 7/26/2013 | LA | Lincoln | ||||||||||||||
WILLIAM CLAUDE AND NANCY GALE PAYTON | ||||||||||||||||||
CHIPMON | WILDHORSE RESOURCES, LLC | 4/20/2011 | 1305 | 907 | F120411 | LA | Lincoln | |||||||||||
MARIANNE JENNIE DAVIDSON | WILDHORSE RESOURCES, LLC | 5/17/2011 | 1305 | 800 | F120388 | LA | Lincoln | |||||||||||
BARBARA LEE DAVIDSON | WILDHORSE RESOURCES, LLC | 4/19/2011 | 1305 | 723 | F120372 | LA | Lincoln | |||||||||||
THOMAS G. AND CAROLYN ANN DAVIDSON, JR. | WILDHORSE RESOURCES, LLC | 5/13/2011 | 1305 | 804 | F120389 | LA | Lincoln | |||||||||||
PATRICIA DELONY | WILDHORSE RESOURCES, LLC | 6/13/2011 | 1305 | 940 | f120417 | LA | Lincoln | |||||||||||
CODY DUHWAYNE DOWLING | WILDHORSE RESOURCES, LLC | 5/11/2011 | 1305 | 929 | F120415 | LA | Lincoln | |||||||||||
EVELYN WILDER GRAY | WILDHORSE RESOURCES, LLC | 3/10/2011 | 1299 | 446 | F117520 | LA | Lincoln | |||||||||||
MICHAEL JOSEPH AND ADRIAN HOPE GRILLOT | WILDHORSE RESOURCES, LLC | 5/16/2011 | 1305 | 699 | F120366 | LA | Lincoln | |||||||||||
HARRIS LIVING TRUST | WILDHORSE RESOURCES, LLC | 8/15/2011 | 1305 | 893 | F120408 | LA | Lincoln | |||||||||||
HUNT TIMBERLAND, LLC | WILDHORSE RESOURCES, LLC | 6/30/2011 | 1305 | 692 | F120364 | LA | Lincoln | |||||||||||
ALTON RAY AND WENONAH STEWART KILGORE | WILDHORSE RESOURCES, LLC | 2/22/2011 | 1299 | 457 | F117522 | LA | Lincoln | |||||||||||
LISA OTT LAKY | WILDHORSE RESOURCES, LLC | 6/30/2011 | 1306 | 628 | F120755 | LA | Lincoln | |||||||||||
JENNIFER LYN LINDENSTEIN | WILDHORSE RESOURCES, LLC | 4/18/2011 | 1305 | 719 | F120371 | LA | Lincoln | |||||||||||
LOUISIANA MINERALS, LTD |
WILDHORSE RESOURCES, LLC | 6/5/2013 | LA | Lincoln | ||||||||||||||
LOUISIANA MINERALS, LTD |
WILDHORSE RESOURCES, LLC | 11/13/2013 | 1336 | 740 | F136547 | LA | Lincoln | |||||||||||
LOUISIANA MINERALS, LTD |
WILDHORSE RESOURCES, LLC | 11/13/2013 | 1336 | 743 | F136548 | LA | Lincoln | |||||||||||
LOUISIANA UNITED METHODIST CHILDREN AND FAMILY SER |
WILDHORSE RESOURCES, LLC | 5/16/2013 | 1328 | 707 | F132389 | LA | Lincoln | |||||||||||
FELIX EUGENE LUEG | WILDHORSE RESOURCES, LLC | 2/24/2011 | 1299 | 431 | F117517 | LA | Lincoln | |||||||||||
PHILLIP WAYNE MARTIN | WILDHORSE RESOURCES, LLC | 5/31/2011 | 1305 | 746 | F120378 | LA | Lincoln | |||||||||||
DONALD M MITCHELL | WILDHORSE RESOURCES, LLC | 5/3/2011 | 1305 | 949 | F120419 | LA | Lincoln | |||||||||||
JERRY WAYNE MITCHELL | WILDHORSE RESOURCES, LLC | 5/12/2011 | 1305 | 784 | F120385 | LA | Lincoln | |||||||||||
JOHN C. MORRIS, III | WILDHORSE RESOURCES, LLC | 6/16/2011 | 1305 | 935 | F120416 | LA | Lincoln | |||||||||||
MILTON THOMAS AND REBECCA MOORE MURPHY | ||||||||||||||||||
MURPHY | WILDHORSE RESOURCES, LLC | 5/30/2011 | 1305 | 808 | F120390 | LA | Lincoln | |||||||||||
MILTON THOMAS AND REBECCA MOORE MURPHY | ||||||||||||||||||
MURPHY | WILDHORSE RESOURCES, LLC | 5/30/2011 | 1305 | 780 | F120384 | LA | Lincoln | |||||||||||
MICHAEL ALAN NOLAN | WILDHORSE RESOURCES, LLC | 3/1/2011 | 1299 | 451 | F117521 | LA | Lincoln | |||||||||||
STEPHEN ROBERT NUTT | WILDHORSE RESOURCES, LLC | 7/1/2011 | 1305 | 830 | F120394 | LA | Lincoln | |||||||||||
SUSAN D PARSONS | WILDHORSE RESOURCES, LLC | 6/13/2011 | 1305 | 766 | F120381 | LA | Lincoln | |||||||||||
CHARLES MICHAEL RAMSDELL | WILDHORSE RESOURCES, LLC | 6/30/2011 | 1306 | 8 | F120428 | LA | Lincoln | |||||||||||
MURRAY P. AND SUSAN SQUYRES RASBURY, JR. | WILDHORSE RESOURCES, LLC | 3/28/2011 | 1305 | 826 | F120393 | LA | Lincoln | |||||||||||
JAMES ALBERT AND ELIZABETH ANN SMITH | ||||||||||||||||||
REYNOLDS | WILDHORSE RESOURCES, LLC | 4/7/2011 | 1299 | 488 | F117530 | LA | Lincoln | |||||||||||
MICHAEL LANE AND DIANNE ROE REYNOLDS | WILDHORSE RESOURCES, LLC | 5/12/2011 | 1305 | 711 | F120369 | LA | Lincoln | |||||||||||
CODY SCOTT AND LYNORE CHAMBERS RICHARD | WILDHORSE RESOURCES, LLC | 5/18/2011 | 1305 | 838 | F120396 | LA | Lincoln | |||||||||||
JIMMIE L RICHARDSON | WILDHORSE RESOURCES, LLC | 5/5/2011 | 1305 | 944 | F120418 | LA | Lincoln | |||||||||||
PAULA D RILEY | WILDHORSE RESOURCES, LLC | 6/13/2011 | 1305 | 715 | F120370 | LA | Lincoln | |||||||||||
PHALA HARTZOG SIMMONS | WILDHORSE RESOURCES, LLC | 2/25/2011 | 1299 | 436 | F117518 | LA | Lincoln | |||||||||||
TAMMY JO STRAKOS | WILDHORSE RESOURCES, LLC | 5/11/2011 | 1305 | 923 | F120414 | LA | Lincoln | |||||||||||
J. ROBERT SUMLIN | WILDHORSE RESOURCES, LLC | 4/13/2011 | 1305 | 912 | F120412 | LA | Lincoln | |||||||||||
BRENDA BALES TAYLOR | WILDHORSE RESOURCES, LLC | 3/24/2011 | 1299 | 481 | F117528 | LA | Lincoln | |||||||||||
THE DAVID NOLAN & EVELYN Z. NOLAN 1996 TRUST |
WILDHORSE RESOURCES, LLC | 4/15/2011 | 1305 | 902 | F120410 | LA | Lincoln | |||||||||||
THE STEPHEN C. PANKEY SPECIAL NEEDS TRUST |
WILDHORSE RESOURCES, LLC | 6/1/2011 | 1305 | 966 | F120422 | LA | Lincoln | |||||||||||
THE VIRIGINIA MERSHON TRUST |
WILDHORSE RESOURCES, LLC | 6/30/2011 | 1305 | 991 | F120426 | LA | Lincoln |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
291 | 314 | D-27926 | ||||||||||||||||
291 | 314 | D-27926 | ||||||||||||||||
291 | 314 | D-27926 | ||||||||||||||||
291 | 314 | D-27926 | ||||||||||||||||
291 | 314 | D-27926 | ||||||||||||||||
291 | 314 | D-27926 | ||||||||||||||||
291 | 314 | D-27926 | ||||||||||||||||
LA-HKN0044-021 |
JOSEPHINE COOMBS KIRBY | TRAVIS ROWE | 4/12/1980 | 291 | 314 | D-27926 | LA | Lincoln | ||||||||||
291 | 41 | D-27793 | ||||||||||||||||
291 | 41 | D-27793 | ||||||||||||||||
291 | 41 | D-27793 | ||||||||||||||||
291 | 41 | D-27793 | ||||||||||||||||
291 | 41 | D-27793 | ||||||||||||||||
LA-HKN0044-026 |
ALINE JERABECK ESTATE | AMOCO PRODUCTION COMPANY INC | 4/19/1980 | 291 | 41 | D-27793 | LA | Lincoln | ||||||||||
268 | 2 | D-24496 | ||||||||||||||||
268 | 2 | D-24496 | ||||||||||||||||
268 | 2 | D-24496 | ||||||||||||||||
268 | 2 | D-24496 | ||||||||||||||||
268 | 2 | D-24496 | ||||||||||||||||
LA-SBW0067-000 |
MARZELLA YOUNGER LUDLEY ET AL | PAR OIL CORPORATION | 11/17/1979 | 268 | 2 | D-24496 | LA | Lincoln | ||||||||||
1307 | 821 | F121302 | ||||||||||||||||
1307 | 821 | F121302 | ||||||||||||||||
1307 | 821 | F121302 | ||||||||||||||||
1307 | 821 | F121302 | ||||||||||||||||
1307 | 821 | F121302 | ||||||||||||||||
LA-SMB0048-002 |
REGAN BURT MADDEN | MINERAL VENTURES INC | 11/15/2011 | 1307 | 821 | F121302 | LA | Lincoln | ||||||||||
1307 | 806 | F121296 | ||||||||||||||||
1307 | 806 | F121296 | ||||||||||||||||
1307 | 806 | F121296 | ||||||||||||||||
BETTY MADDEN HARRISON DEALING WITH HER | 1307 | 806 | F121296 | |||||||||||||||
SEPARATE PROPERTY | 1307 | 806 | F121296 | |||||||||||||||
LA-SMB0048-003 |
MARILYN MADDEN HILL | MINERAL VENTURES INC | 11/10/2011 | 1307 | 806 | F121296 | LA | Lincoln | ||||||||||
TODD S FIELD | 6/20/2013 | ACT 20131661 | LA | Lincoln and Bienville | ||||||||||||||
ROBERT G. AND SHELIA JOHNSON FRAZIER, JR. ALBERT GROVER | 2/28/2013 | 1328 | 642 | F132378 | LA | Lincoln and Bienville | ||||||||||||
AND MARY ELLA GADBERRY GRAHAM | 4/17/2013 | 1326 | 906 | F131522 | LA | Lincoln and Bienville | ||||||||||||
REBECCA P HOLTZCLAW | 10/25/2012 | 1322 | 27 | F128773 | LA | Lincoln and Bienville | ||||||||||||
WEYERHAEUSER REAL ESTATE DEVELOPMENT |
11/30/2012 | 1322 | 805 | F129118 | LA | Lincoln and Bieville | ||||||||||||
COMPANY | ||||||||||||||||||
LA-CAL0009-001 |
WALTER L MAXEY ET AL | R C LANCASTER JR | 7/22/1957 | 624 | 311 | 430442 | LA | Ouachita | ||||||||||
LA-CAL0011-000 |
ROSA MURPHREY PURDY ET AL | LAZA CASPARI | 11/27/1957 | 633 | 845 | 435873 | LA | Ouachita | ||||||||||
LA-CAL0012-001 |
WILLIE MAE HOGAN |
MAGNOLIA PETROLEUM COMPANY | 12/13/1957 | 634 | 745 | 436440 | LA | Ouachita | ||||||||||
LA-CAL0012-002 |
WILLIE MAE HOGAN ET AL |
MAGNOLIA PETROLEUM COMPANY | 11/25/1957 | 634 | 742 | 436439 | LA | Ouachita | ||||||||||
LA-CAL0013-000 |
IRVIN R HOGAN ET AL |
MAGNOLIA PETROLEUM COMPANY | 12/3/1957 | 635 | 733 | 436995 | LA | Ouachita | ||||||||||
LA-CAL0014-000 |
IRVIN R HOGAN |
MAGNOLIA PETROLEUM COMPANY | 11/25/1957 | 634 | 748 | 436441 | LA | Ouachita | ||||||||||
LA-CAL0015-000 |
J W RUSSELL ET UX |
MAGNOLIA PETROLEUM COMPANY | 11/23/1957 | 635 | 60 | 436547 | LA | Ouachita | ||||||||||
LA-CAL0016-000 |
CLARENCE K EMORY |
LAZA CASPARI | 10/21/1957 | 631 | 256 | LA | Ouachita | |||||||||||
LA-CAL0017-000 |
CLARENCE K EMORY |
LAZA CASPARI | 10/19/1957 | 631 | 259 | LA | Ouachita | |||||||||||
LA-CAL0018-000 |
J P PURDY |
MAGNOLIA PETROLEUM COMPANY | 11/25/1957 | 634 | 754 | LA | Ouachita | |||||||||||
LA-CAL0019-000 |
DONALD J ZADECK ET AL |
KCS MEDALLION RESOURCES INC | 2/10/2000 | 1788 | 216 | LA | Ouachita | |||||||||||
LA-CAL0020-000 |
ARLIS SANFORD |
LAZA CASPARI | 7/6/1957 | 622 | 755 | 429648 | LA | Ouachita |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-CAL0021-000 |
VOLLIE SANFORD SR ET AL | LAZA CASPARI | 7/6/1957 | 622 | 741 | 429647 | LA | Ouachita | ||||||||||
SOUTHWEST GAS PRODUCING COMPANY | ||||||||||||||||||
LA-CAL0022-000 |
NEWT V MILLS | INC | 5/29/1957 | 622 | 434 | 429476 | LA | Ouachita | ||||||||||
SOUTHWEST GAS PRODUCING COMPANY | ||||||||||||||||||
LA-CAL0023-001 |
CLARENCE G MONK ET UX | INC | 3/6/1958 | 639 | 185 | 438988 | LA | Ouachita | ||||||||||
SOUTHWEST GAS PRODUCING COMPANY | ||||||||||||||||||
LA-CAL0023-002 |
FRED MONK | INC | 7/24/1958 | 647 | 486 | 443811 | LA | Ouachita | ||||||||||
SOUTHWEST GAS PRODUCING COMPANY | ||||||||||||||||||
LA-CAL0023-003 |
J B MONK | INC | 7/24/1958 | 648 | 21 | 444006 | LA | Ouachita | ||||||||||
DAVIS M SHEPHEARD | SOUTHWEST GAS PRODUCING COMPANY | |||||||||||||||||
LA-CAL0024-000 |
BY GRAVES C KENNEDY, CURATOR FOR THE INTERDICT | INC | 9/4/1958 | 651 | 253 | 445987 | LA | Ouachita | ||||||||||
LA-CAL0025-000 |
J C SANFORD ET AL | UNITED CARBON COMPANY | 4/15/1952 | 501 | 276 | 367785 | LA | Ouachita | ||||||||||
LA-CAL0026-000 |
L B SMITH | MONLA GAS COMPANY INC | 7/29/1958 | 647 | 483 | 443810 | LA | Ouachita | ||||||||||
SOUTHWEST GAS PRODUCING COMPANY | ||||||||||||||||||
LA-CAL0027-000 |
HENRIETTA BRYAN ET VIR | INC | 3/5/1958 | 642 | 693 | 440969 | LA | Ouachita | ||||||||||
LA-CAL0028-000 |
THE METHODIST CHURCH ET AL | MONLA GAS COMPANY INC | 8/13/1958 | 648 | 596 | 444389 | LA | Ouachita | ||||||||||
LA-CAL0029-000 |
MATTIE M RUSSELL ET AL | R J ZUBERBIER | 10/20/1953 | 537 | 207 | 385183 | LA | Ouachita | ||||||||||
LA-DRS0005-000 |
LUNNIE JACKSON ET UX | KCS MEDALLION RESOURCES | 2/20/2002 | 1883 | 264 | 1364959 | LA | Ouachita | ||||||||||
LA-DRS0006-000 |
ANN RACHEL STENNETT | KCS MEDALLION RESOURCES INC | 12/8/1997 | 1727 | 713 | 1223221 | LA | Ouachita | ||||||||||
LA-DRS0007-001 |
KATHERINE JENKINS ET AL | KCS MEDALLION RESOURCES INC | 8/4/1997 | 1726 | 388 | 1221980 | LA | Ouachita | ||||||||||
ANNA JANE RABON WASHINGTON REPRESENTED BY | ||||||||||||||||||
LA-DRS0008-000 |
NICCIE B JOHNSON A-I-F | KCS MEDALLION RESOURCES INC | 1/9/1998 | 1726 | 401 | 1221981 | LA | Ouachita | ||||||||||
ANNA JANE RABON WASHINGTON REPRESENTED BY | ||||||||||||||||||
LA-DRS0009-000 |
NICCIE B JOHNSON A-I-F | KCS MEDALLION RESOURCES INC | 1/9/1998 | 1726 | 405 | 1221982 | LA | Ouachita | ||||||||||
LA-DRS0010-001 |
NANCY L HUNTER ET AL | KCS MEDALLION RESOURCES INC | 8/4/1997 | 1726 | 413 | 1221985 | LA | Ouachita | ||||||||||
LA-DRS0011-000 |
BOB ANTHONY HOWZE JR ET AL | KCS MEDALLION RESOURCES INC | 9/2/1997 | 1727 | 719 | 1223222 | LA | Ouachita | ||||||||||
LA-DRS0012-001 |
CLYDE JACKSON ET AL | KCS MEDALLION RESOURCES INC | 7/22/1997 | 1726 | 428 | 1221986 | LA | Ouachita | ||||||||||
LA-DRS0013-000 |
LINDA FAGAN STEELE BASSETT ET AL | KCS MEDALLION RESOURCES INC | 3/10/1998 | 1727 | 727 | 1223224 | LA | Ouachita | ||||||||||
LA-DRS0014-000 |
MAX ALLEN NAPPIER ET UX | KCS RESOURCES INC | 12/19/1997 | 1727 | 723 | 1223223 | LA | Ouachita | ||||||||||
LA-DRS0015-000 |
NANCY W BAGGETTE | KCS MEDALLION RESOURCES INC | 12/3/1997 | 1727 | 735 | 1223226 | LA | Ouachita | ||||||||||
LA-DRS0016-000 |
SALLIE HARPER HELM | KCS MEDALLION RESOURCES INC | 10/2/1997 | 1727 | 731 | 1223225 | LA | Ouachita | ||||||||||
LA-DRS0017-000 |
ANTHONY A RISPOLI | KCS MEDALLION RESOURCES INC | 1/26/1998 | 1725 | 540 | 1221545 | LA | Ouachita | ||||||||||
1726 | 462 | 1221988 | ||||||||||||||||
LA-DRS0018-001 |
DOROTHY L RICHARDSON ET AL | KCS MEDALLION RESOURCES INC | 8/4/1997 | 1726 | 462 | 1221988 | LA | Ouachita | ||||||||||
LA-DRS0019-000 |
NORTHEAST LOUISIANA WHOLESALE OIL & GAS CO INC | KCS MEDALLION RESOURCES INC | 2/4/1998 | 1727 | 1223227 | LA | Ouachita | |||||||||||
LA-DRS0020-000 |
JIMMY LEE FROST SR | KCS MEDALLION RESOURCES INC | 9/23/1997 | 1727 | 1223228 | LA | Ouachita | |||||||||||
LA-DRS0021-000 |
JAMES ANTHONY BABIN | KCS MEDALLION RESOURCES INC | 9/23/1997 | 1727 | 1223229 | LA | Ouachita | |||||||||||
LA-DRS0022-000 |
EFFIE LOUIS BISHOP LEWIS ET AL | KCS MEDALLION RESOURCES INC | 10/1/1997 | 1727 | 1223230 | LA | Ouachita | |||||||||||
LA-DRS0023-000 |
MELINDA PRICE MOBLEY | KCS MEDALLION RESOURCES INC | 9/24/1997 | 1727 | 1223231 | LA | Ouachita | |||||||||||
LA-DRS0024-000 |
HAROLD E CRIPPS ET UX | KCS MEDALLION RESOURCES INC | 9/24/1997 | 1727 | 1223232 | LA | Ouachita | |||||||||||
LA-DRS0025-000 |
RONNIE L FOWLER ET AL | KCS MEDALLION RESOURCES INC | 9/25/1997 | 1727 | 1223235 | LA | Ouachita | |||||||||||
LA-DRS0026-000 |
DAVID D MCMILLAN ET UX | KCS MEDALLION RESOURCES INC | 9/24/1997 | 1727 | 1223236 | LA | Ouachita | |||||||||||
1728 | 1223808 | |||||||||||||||||
1728 | 1223809 | |||||||||||||||||
LA-DRS0027-001 |
MILDRED IRENE CHAPMAN ET AL | KCS MEDALLION RESOURCES INC | 10/5/1997 | 1728 | 369 | 1223810 | LA | Ouachita | ||||||||||
LA-DRS0028-000 |
JAMES E FLETCHER ET UX | KCS MEDALLION RESOURCES INC | 9/24/1997 | 1727 | 1223237 | LA | Ouachita | |||||||||||
LA-DRS0029-000 |
HAFCO INC | KCS MEDALLION RESOURCES INC | 11/12/1997 | 1728 | 1223807 | LA | Ouachita |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
1727 | 1223238 | |||||||||||||||||
1727 | 1223239 | |||||||||||||||||
LA-DRS0030-000 |
FRANCES MURIEL ALLEN DAVIS ET AL | KCS RESOURCES INC | 9/30/1997 | 1727 | 1223240 | LA | Ouachita | |||||||||||
1916 | 404 | 1390460 | ||||||||||||||||
LA-DRS0031-001 |
CLAUDIA BEAMS | KCS RESOURCES INC | 6/3/2003 | 1916 | 404 | 1390460 | LA | Ouachita | ||||||||||
1916 | 408 | 1390461 | ||||||||||||||||
LA-DRS0031-002 |
DAVID LEE BEAMS | KCS RESOURCES INC | 6/3/2003 | 1916 | 408 | 1390461 | LA | Ouachita | ||||||||||
1921 | 459 | 1393769 | ||||||||||||||||
LA-DRS0031-003 |
ERIKA BEAMS | KCS RESOURCES INC | 6/3/2003 | 1921 | 459 | 1393769 | LA | Ouachita | ||||||||||
2052 | 468 | 1467315 | ||||||||||||||||
LA-DRS0031-004 |
CURTIS BEAMS | KCS RESOURCES INC | 6/6/2006 | 2052 | 468 | 1467315 | LA | Ouachita | ||||||||||
1725 | 527 | 1221539 | ||||||||||||||||
1725 | 535 | 1221542 | ||||||||||||||||
1725 | 509 | 1221530 | ||||||||||||||||
LA-DRS0031-005 |
CHARLES KELLEY ET AL | KCS MEDALLION RESOURCES INC | 7/23/1997 | 1725 | 533 | 1221541 | LA | Ouachita | ||||||||||
LA-DRS0031-006 |
RODERICK O CARRAWAY | KCS MEDALLION RESOURCES INC | 12/18/1997 | 1726 | 482 | 1221990 | LA | Ouachita | ||||||||||
1725 | 505 | 1221529 | ||||||||||||||||
1725 | 511 | 1221531 | ||||||||||||||||
1725 | 531 | 1221540 | ||||||||||||||||
1725 | 515 | 1221533 | ||||||||||||||||
1725 | 517 | 1221534 | ||||||||||||||||
1725 | 538 | 1221544 | ||||||||||||||||
1725 | 513 | 1221532 | ||||||||||||||||
1725 | 519 | 1221535 | ||||||||||||||||
1725 | 523 | 1221537 | ||||||||||||||||
1725 | 521 | 1221536 | ||||||||||||||||
1725 | 525 | 1221538 | ||||||||||||||||
LA-DRS0031-007 |
RICHARD GHOLSTON ET AL | KCS MEDALLION RESOURCES INC | 6/10/1997 | 1724 | 480 | 1221989 | LA | Ouachita | ||||||||||
LA-DRS0031-008 |
HERBERT GHOLSTON ET UX | KCS MEDALLION RESOURCES INC | 6/10/1997 | 1725 | 501 | 1221528 | LA | Ouachita | ||||||||||
LA-DRS0031-009 |
MARJORIE COX HENDRICKS | KCS MEDALLION RESOURCES INC | 6/10/1998 | 1743 | 1238289 | LA | Ouachita | |||||||||||
LA-DRS0031-010 |
JEWEL EDWARD COX | KCS MEDALLION RESOURCES INC | 6/10/1998 | 1743 | 1238290 | LA | Ouachita | |||||||||||
LA-DRS0031-011 |
HAROLD JAMES COX | KCS MEDALLION RESOURCES INC | 6/10/1998 | 1743 | 1238291 | LA | Ouachita | |||||||||||
LA-DRS0031-012 |
VINCENT NORMAN COX | KCS MEDALLION RESOURCES INC | 6/10/1998 | 1743 | 1238292 | LA | Ouachita | |||||||||||
LA-DRS0031-013 |
JOE ANTHONY COX | KCS MEDALLION RESOURCES INC | 6/10/1998 | 1743 | 1238294 | LA | Ouachita | |||||||||||
LA-DRS0031-014 |
ELVATUS CROMWELL MORRIS JR | KCS MEDALLION RESOURCES INC | 9/16/1998 | 1743 | 1238295 | LA | Ouachita | |||||||||||
LA-DRS0031-015 |
BERNICE GULLEDGE EDWARDS | KCS RESOURCES INC | 8/19/1997 | 1725 | 546 | 1221546 | LA | Ouachita | ||||||||||
1725 | 1221547 | |||||||||||||||||
LA-DRS0032-001 |
MARGUERITE YOUNG ANDERSON ET AL | KCS MEDALLION RESOURCES INC | 8/14/1997 | 1728 | 550 | 1223806 | LA | Ouachita | ||||||||||
LA-DRS0033-000 |
BERRY D BURKHALTER | KCS MEDALLION RESOURCES INC | 7/30/1997 | 1725 | 554 | 1221548 | LA | Ouachita | ||||||||||
1725 | 1221549 | |||||||||||||||||
LA-DRS0034-000 |
DUDLEY B SANDERSON ET UX | KCS MEDALLION RESOURCES INC | 2/26/1998 | 1731 | 558 | 1226826 | LA | Ouachita | ||||||||||
LA-DRS0035-000 |
CHARLES EDWARD BRUMLEY | KCS MEDALLION RESOURCES INC | 11/5/1997 | 1725 | 562 | 1221550 | LA | Ouachita | ||||||||||
LA-DRS0036-000 |
PAUL ELVIN FROST ET UX | KCS MEDALLION RESOURCES INC | 10/24/1997 | 1725 | 566 | 1221551 | LA | Ouachita | ||||||||||
LA-DRS0037-000 |
FOREST KRAFT FEDERAL CREDIT UNION | KCS MEDALLION RESOURCES INC | 9/3/1997 | 1725 | 570 | 1221552 | LA | Ouachita | ||||||||||
LA-DRS0038-001 |
LESLEY MAE ALLEN THOMAS ET AL | KCS MEDALLION RESOURCES INC | 11/5/1997 | 1725 | 574 | 1221553 | LA | Ouachita | ||||||||||
LA-DRS0039-000 |
RED BEAR BROADCASTING CORPORATION | KCS MEDALLION RESOURCES INC | 7/30/1997 | 1725 | 578 | 1221554 | LA | Ouachita | ||||||||||
LA-DRS0040-000 |
JEAN FIEBELKORN ET VIR | KCS MEDALLION RESOURCES INC | 7/25/1997 | 1725 | 582 | 1221555 | LA | Ouachita | ||||||||||
LA-DRS0041-000 |
LINDA JUSTICE MCEACHARN | KCS MEDALLION RESOURCES INC | 9/3/1997 | 1725 | 648 | 1221572 | LA | Ouachita | ||||||||||
LA-DRS0042-000 |
KENNETH EARL GREER ET UX | KCS MEDALLION RESOURCES INC | 9/3/1997 | 1725 | 644 | 1221571 | LA | Ouachita | ||||||||||
LA-DRS0043-000 |
ELLA BIGGS ALLEN | KCS MEDALLION RESOURCES INC | 8/22/1997 | 1725 | 640 | 1221570 | LA | Ouachita |
Lease No. |
Lessor |
Lessee |
Lease date | Book | Page | Reference | ST | County | ||||||||||
1725 | 1221569 | |||||||||||||||||
LA-DRS0044-000 |
EDNA SANDERSON MCMANUS ET AL | KCS MEDALLION RESOURCES INC | 8/25/1997 | 1726 | 636 | 1222026 | LA | Ouachita | ||||||||||
LA-DRS0045-000 |
RUTH CHAPMAN BISHOP ET AL | KCS MEDALLION RESOURCES INC | 8/26/1997 | 1725 | 632 | 1221568 | LA | Ouachita | ||||||||||
1725 | 1221565 | |||||||||||||||||
1725 | 624 | 1221567 | ||||||||||||||||
1725 | 630 | 1221566 | ||||||||||||||||
LA-DRS0046-000 |
LEONARD O GARLINGTON ET AL | KCS MEDALLION RESOURCES INC | 9/16/1997 | 1743 | 628 | 1238293 | LA | Ouachita | ||||||||||
1725 | 619 | 1221564 | ||||||||||||||||
LA-DRS0047-000 |
WILLIAM WYOT LOVETT JR ET UX | KCS MEDALLION RESOURCES INC | 9/10/1997 | 1725 | 619 | 1221564 | LA | Ouachita | ||||||||||
LA-DRS0048-000 |
OTHA L BESANT | KCS MEDALLION RESOURCES INC | 9/3/1997 | 1725 | 606 | 1221561 | LA | Ouachita | ||||||||||
LA-DRS0049-000 |
RUBIE COLEMAN NAPPIER | KCS MEDALLION RESOURCES INC | 12/19/1997 | 1725 | 602 | 1221560 | LA | Ouachita | ||||||||||
LA-DRS0050-000 |
BEATRICE LINCOLN RICHARDS | KCS MEDALLION RESOURCES INC | 8/19/1997 | 1725 | 598 | 1221559 | LA | Ouachita | ||||||||||
LA-DRS0051-000 |
JERRY WAYNE SPIVEY | KCS MEDALLION RESOURCES INC | 9/29/1997 | 1725 | 594 | 1221558 | LA | Ouachita | ||||||||||
LA-DRS0052-000 |
C W DAY ET UX | KCS MEDALLION RESOURCES INC | 8/26/1997 | 1725 | 652 | 1221573 | LA | Ouachita | ||||||||||
LA-DRS0053-000 |
MARVIN W HOLLIS ET UX | KCS MEDALLION RESOURCES INC | 8/27/1997 | 1725 | 656 | 1221574 | LA | Ouachita | ||||||||||
LA-DRS0054-000 |
HERSCHEL EUGENE THORNTON ET UX | KCS MEDALLION RESOURCES INC | 9/3/1997 | 1725 | 660 | 1221575 | LA | Ouachita | ||||||||||
1725 | 664 | 1221576 | ||||||||||||||||
LA-DRS0055-000 |
ORA JEAN STANCIL SMITH ET VIR | KCS MEDALLION RESOURCES INC | 12/22/1997 | 1725 | 672 | 1221578 | LA | Ouachita | ||||||||||
LA-DRS0056-000 |
STEPHANIE MILLS PORTER WOMACK | KCS MEDALLION RESOURCES INC | 9/15/1997 | 1725 | 668 | 1221577 | LA | Ouachita | ||||||||||
LA-DRS0057-000 |
LARRY STEVEN GREEN ET UX | KCS MEDALLION RESOURCES INC | 8/22/1997 | 1725 | 674 | 1221579 | LA | Ouachita | ||||||||||
LA-DRS0058-000 |
AARON ODELL CARR ET UX | KCS MEDALLION RESOURCES INC | 10/30/1997 | 1725 | 678 | 1221580 | LA | Ouachita | ||||||||||
LA-DRS0059-000 |
GARY DEWAYNE FLETCHER ET UX | KCS MEDALLION RESOURCES INC | 8/27/1997 | 1725 | 686 | 1221582 | LA | Ouachita | ||||||||||
1725 | 682 | 1221581 | ||||||||||||||||
LA-DRS0060-001 |
ORA JEAN STANCIL SMITH ET VIR | KCS MEDALLION RESOURCES INC | 11/26/1997 | 1725 | 672 | 1221578 | LA | Ouachita | ||||||||||
LA-DRS0061-000 |
CELIA TALTON ET AL | KCS MEDALLION RESOURCES INC | 9/2/1997 | 1725 | 590 | 1221557 | LA | Ouachita | ||||||||||
LA-DRS0062-000 |
LESLYE MAE ALLEN THOMAS | KCS MEDALLION RESOURCES INC | 9/5/1997 | 1725 | 586 | 1221556 | LA | Ouachita | ||||||||||
LA-DRS0063-000 |
RUTHIE ANN ROY ELLARD ET AL | KCS MEDALLION RESOURCES INC | 9/19/1997 | 1725 | 690 | 1221583 | LA | Ouachita | ||||||||||
LA-DRS0064-000 |
ROBERT L COTTON | KCS MEDALLION RESOURCES INC | 9/3/1997 | 1725 | 694 | 1221584 | LA | Ouachita | ||||||||||
LA-DRS0065-000 |
TIMOTHY RANDALL MCMANUS | KCS MEDALLION RESOURCES INC | 8/27/1997 | 1725 | 698 | 1221585 | LA | Ouachita | ||||||||||
LA-DRS0066-000 |
RUTH CHAPMAN BISHOP | KCS MEDALLION RESOURCES INC | 8/26/1997 | 1725 | 702 | 1221586 | LA | Ouachita | ||||||||||
LA-DRS0067-000 |
HILTON T RAMSEY ET UX | KCS MEDALLION RESOURCES INC | 12/20/2000 | 1814 | 1301332 | LA | Ouachita | |||||||||||
LA-DRS0068-000 |
WAYNE BLACK ET UX | KCS MEDALLION RESOURCES INC | 8/27/1997 | 1725 | 710 | 1221588 | LA | Ouachita | ||||||||||
LA-DRS0069-000 |
SHANNON GLENN MORRIS | KCS MEDALLION RESOURCES INC | 8/27/1997 | 1725 | 714 | 1221589 | LA | Ouachita | ||||||||||
LA-DRS0070-000 |
JO ANN ELDRIDGE GREGORY | KCS MEDALLION RESOURCES INC | 9/16/1997 | 1725 | 718 | 1221590 | LA | Ouachita | ||||||||||
LA-DRS0071-000 |
VIOLET LAVERNE FREEMAN BREWSTER | KCS MEDALLION RESOURCES INC | 9/18/1997 | 1725 | 722 | 1221591 | LA | Ouachita | ||||||||||
LA-DRS0072-000 |
ALMA COVINGTON TURNAGE ET AL | KCS MEDALLION RESOURCES INC | 9/3/1997 | 1725 | 726 | 1221592 | LA | Ouachita | ||||||||||
1725 | 732 | 1221594 | ||||||||||||||||
1725 | 736 | 1221595 | ||||||||||||||||
LA-DRS0073-000 |
BLANCHE LOVELADY BARRETT ET AL | KCS MEDALLION RESOURCES INC | 9/9/1997 | 1725 | 738 | 1221596 | LA | Ouachita | ||||||||||
LA-DRS0074-000 |
LORI GREGORY MCGOWEN FINCHER | KCS MEDALLION RESOURCES INC | 8/26/1997 | 1725 | 740 | 1221597 | LA | Ouachita | ||||||||||
LA-DRS0075-000 |
WEAKS ENTERPRISES INC | KCS MEDALLION RESOURCES INC | 10/9/1997 | 1725 | 744 | 1221598 | LA | Ouachita | ||||||||||
LA-DRS0076-000 |
WEST FEED MILLS INC | KCS MEDALLION RESOURCES INC | 9/23/1997 | 1725 | 750 | 1221599 | LA | Ouachita | ||||||||||
LA-DRS0077-000 |
SIMMIE L HEISLER ET UX | KCS MEDALLION RESOURCES INC | 8/26/1997 | 1725 | 756 | 1221600 | LA | Ouachita | ||||||||||
1725 | 760 | 1221601 | ||||||||||||||||
LA-DRS0078-000 |
JAMES ROLAND MCNEIL | KCS MEDALLION RESOURCES INC | 9/19/1997 | 1725 | 764 | 1221602 | LA | Ouachita | ||||||||||
LA-DRS0079-000 |
CONNIE L FONTANA ROY | KCS MEDALLION RESOURCES INC | 9/18/1997 | 1725 | 766 | 1221603 | LA | Ouachita | ||||||||||
LA-DRS0080-000 |
LELA MAE GUICE | KCS MEDALLION RESOURCES INC | 8/26/1997 | 1725 | 770 | 1221604 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
1725 | 774 | 1221605 | ||||||||||||||||
1725 | 778 | 1221606 | ||||||||||||||||
1725 | 784 | 1221609 | ||||||||||||||||
1725 | 782 | 1221608 | ||||||||||||||||
LA-DRS0081-000 |
WINNIE MAE COATES MOSS ET AL | KCS MEDALLION RESOURCES INC | 9/22/1997 | 1725 | 780 | 1221607 | LA | Ouachita | ||||||||||
LA-DRS0082-000 |
STEPHANIE ANN JOHNSON REITZELL | KCS MEDALLION RESOURCES INC | 9/30/1997 | 1725 | 786 | 1221610 | LA | Ouachita | ||||||||||
LA-DRS0083-000 |
CHARLES MILTON MCQUILLIN ET UX | KCS MEDALLION RESOURCES INC | 11/6/1997 | 1725 | 790 | 1221611 | LA | Ouachita | ||||||||||
LA-DRS0084-000 |
EMMIT WILLIAMS JR ET UX | KCS MEDALLION RESOURCES INC | 3/5/1998 | 1726 | 1221858 | LA | Ouachita | |||||||||||
LA-DRS0085-000 |
ROBERT W PLUNK ET UX | KCS MEDALLION RESOURCES INC | 7/29/1997 | 1725 | 610 | 1221562 | LA | Ouachita | ||||||||||
LA-DRS0086-001 |
HAROLD E OETGEN ET AL | KCS MEDALLION RESOURCES INC | 8/29/1997 | 1728 | 1224298 | LA | Ouachita | |||||||||||
LA-DRS0087-000 |
STATE OF LOUISIANA OUACHITA PARISH POLICE JURY | JC PETROLEUM, INC | 2/11/1998 | 1730 | 20 | 1225428 | LA | Ouachita | ||||||||||
STATE OF LOUISIANA DEPT OF TRANSPORTATION AND | ||||||||||||||||||
LA-DRS0088-000 |
DEVELOPMENT | JC PETROLEUM, INC | 2/11/1998 | 1789 | 1 | 1225427 | LA | Ouachita | ||||||||||
LA-DRS0089-000 |
MEADIE THOMAS ET AL | KCS MEDALLION RESOURCES INC | 1/28/1998 | 1729 | 825 | 1225346 | LA | Ouachita | ||||||||||
LA-DRS0090-000 |
CHARLOTTE MCDONALD CRAYTON | KCS MEDALLION RESOURCES INC | 8/8/1998 | 1729 | 1225348 | LA | Ouachita | |||||||||||
LA-DRS0091-000 |
ELBERT RUSSELL WALTERS ET UX | KCS MEDALLION RESOURCES INC | 9/3/1997 | 1729 | 821 | 1225345 | LA | Ouachita | ||||||||||
LA-DRS0092-000 |
JOHNNY T JOHNSON ET AL | KCS MEDALLION RESOURCES INC | 3/14/2000 | 159 | 1284490 | LA | Ouachita | |||||||||||
LA-DRS0093-000 |
SANTA FE SNYDER CORPORATION | KCS MEDALLION RESOURCES INC | 5/22/2000 | 1798 | 580 | 1288268 | LA | Ouachita | ||||||||||
1809 | 687 | 1296808 | ||||||||||||||||
1800 | 472 | 1289131 | ||||||||||||||||
LA-DRS0094-000 |
RIVERWOOD INTERNATIONAL CORPORATION | KCS MEDALLION RESOURCES INC | 11/16/1999 | 1783 | 365 | 1275208 | LA | Ouachita | ||||||||||
LA-DRS0095-000 |
GEORGIA PACIFIC CORP | KCS MEDALLION RESOURCES INC | 7/8/2000 | 1811 | 301 | 1298242 | LA | Ouachita | ||||||||||
LA-DRS0096-000 |
HAROLD G FROST ET UX | KCS MEDALLION RESOURCES INC | 3/20/2001 | 1849 | 45 | 1332359 | LA | Ouachita | ||||||||||
LA-DRS0097-000 |
FRED E VARNER ET UX | KCS MEDALLION RESOURCES INC | 1/14/2002 | 1851 | 95 | 1333719 | LA | Ouachita | ||||||||||
LA-DRS0098-001 |
GLADYS MARIE SIMS WESLEY | KCS MEDALLION RESOURCES INC | 3/20/2001 | 1849 | 48 | 1332360 | LA | Ouachita | ||||||||||
LA-DRS0099-000 |
WILBERT HAMILTON ET UX | KCS RESOURCES INC | 2/19/2005 | 1989 | 139 | 1433615 | LA | Ouachita | ||||||||||
LA-DRS0100-000 |
WILBERT WOODWARD ET UX | KCS RESOURCES INC | 9/22/2006 | 2074 | 72 | 1478476 | LA | Ouachita | ||||||||||
LA-DRS0101-000 |
LYNETTE WOODWARD M JACKSON | KCS RESOURCES INC | 9/2/2006 | 2074 | 76 | 1478477 | LA | Ouachita | ||||||||||
LA-DRS0102-000 |
DONALD EARL DEAL SR ET UX | KCS RESOURCES INC | 7/14/2006 | 2074 | 79 | 1478478 | LA | Ouachita | ||||||||||
2016 | 262 | 1447882 | ||||||||||||||||
2020 | 335 | 1449849 | ||||||||||||||||
LA-DRS0103-000 |
RICHARD EARL COVINGTON | KCS RESOURCES INC | 11/16/2005 | 2025 | 386 | 1452696 | LA | Ouachita | ||||||||||
LA-DRS0104-000 |
VERA LOU BLAZIER ALLEN ADAMS | KCS MEDALLION RESOURCES INC | 9/10/1997 | 1725 | 615 | 1221563 | LA | Ouachita | ||||||||||
LA-DRS0105-000 |
DOROTHY CLEMONS CHAMBERS ET VIR | KCS RESOURCES, INC. | 4/23/2007 | 2096 | 835 | 1492119 | LA | Ouachita | ||||||||||
LA-DRS0106-000 |
MATTIE TAYLOR | KCS RESOURCES, INC. | 5/15/2007 | 2096 | 832 | 1492118 | LA | Ouachita | ||||||||||
LA-DRS0107-001 |
EMMITT WILLIAMS JR ET AL | KCS RESOURCES, INC. | 5/5/2007 | 2096 | 814 | 1492112 | LA | Ouachita | ||||||||||
LA-DRS0108-001 |
REOLA JACKSON ET AL | KCS RESOURCES, INC. | 5/5/2007 | 2096 | 823 | 1492115 | LA | Ouachita | ||||||||||
LA-DRS0109-000 |
JOHN CHRISTOPHER BRAGG ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/17/2000 | 1786 | 283 | 1277737 | LA | Ouachita | ||||||||||
LA-DRS0110-000 |
CARL RAY PHELPS JR ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 3/17/1999 | 1784 | 1275781 | LA | Ouachita | |||||||||||
LA-DRS0111-000 |
CHERRY ANNE PHILLIPS NEE SKAINS | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/17/1998 | 1742 | 357 | 1237759 | LA | Ouachita | ||||||||||
LA-DRS0112-000 |
TOMMY HAROLD PITRE ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/17/1998 | 1742 | 387 | 1237767 | LA | Ouachita | ||||||||||
LA-DRS0113-000 |
WALTER RAY EDWARDS SR ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/28/1998 | 1744 | 1239606 | LA | Ouachita | |||||||||||
LA-DRS0114-000 |
LOIS LACOMB SIMS | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/25/2000 | 1788 | 1279719 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0115-000 |
TERRY LOUIS LASYONE ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/13/1998 | 1744 | 1239611 | LA | Ouachita | |||||||||||
LA-DRS0116-000 |
DAVID LYNN THOMPSON ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 9/3/1998 | 1744 | 1239599 | LA | Ouachita | |||||||||||
LA-DRS0117-000 |
DONNA MARIE YOUNGER TOLAR ET VIR | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 1/25/2000 | 1786 | 246 | 1277726 | LA | Ouachita | ||||||||||
LA-DRS0118-000 |
JULIE THARPE DEGARZA | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/28/1998 | 1747 | 664 | 1242397 | LA | Ouachita | ||||||||||
LA-DRS0119-000 |
JERRY DEWAINE PRICE ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/17/2000 | 1786 | 286 | 1277738 | LA | Ouachita | ||||||||||
LA-DRS0120-000 |
JOHN WILLIAM SMITH | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/3/2000 | 1786 | 262 | 1277731 | LA | Ouachita | ||||||||||
LA-DRS0121-000 |
DAVE ALLEN SMEAD ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/1/2000 | 1786 | 168 | 1277733 | LA | Ouachita | ||||||||||
LA-DRS0122-000 |
TAMMY LAURICE ALLEN DENNIS | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/17/1998 | 1744 | 1239605 | LA | Ouachita | |||||||||||
LA-DRS0123-000 |
BILLY JOE ROAN | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/29/1998 | 1747 | 667 | 1242398 | LA | Ouachita | ||||||||||
LA-DRS0124-000 |
WOODROW FRANKLIN ARMFIELD | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/16/1998 | 1747 | 677 | 1242401 | LA | Ouachita | ||||||||||
LA-DRS0125-000 |
BASIL E ARMFIELD ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/16/1998 | 1747 | 680 | 1242402 | LA | Ouachita | ||||||||||
LA-DRS0126-000 |
JEWEL B DOUGLAS ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/4/1998 | 1742 | 413 | 1237774 | LA | Ouachita | ||||||||||
LA-DRS0127-000 |
KATHY A PAYNE WATSON | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/15/2000 | 1786 | 292 | 1277740 | LA | Ouachita | ||||||||||
LA-DRS0128-000 |
KENNETH MICHAEL DESOTO ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/21/2000 | 1786 | 298 | 1277742 | LA | Ouachita | ||||||||||
LA-DRS0129-000 |
JERRY WAYNE CASCIO ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/12/1998 | 1744 | 1239610 | LA | Ouachita | |||||||||||
LA-DRS0130-000 |
DOLVIN L MCCARDLE ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/6/1998 | 1744 | 1239600 | LA | Ouachita | |||||||||||
LA-DRS0131-000 |
ROBERT PHILLIP SKIPPER ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 3/11/2000 | 1790 | 1281260 | LA | Ouachita | |||||||||||
LA-DRS0132-000 |
MARZELL HEMPHILL | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/9/2000 | 1786 | 274 | 1277735 | LA | Ouachita | ||||||||||
LA-DRS0133-000 |
THOMAS WAYNE COCKERHAM | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 9/3/1998 | 1744 | 1239598 | LA | Ouachita | |||||||||||
LA-DRS0134-000 |
ALFRED BENOIT JOHNSON ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 9/3/1998 | 1744 | 1239604 | LA | Ouachita | |||||||||||
LA-DRS0135-000 |
WILLIAM RAY NELSON SR ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/1/2000 | 1786 | 256 | 1277729 | LA | Ouachita | ||||||||||
LA-DRS0136-000 |
WILLIAM RAY NELSON JR ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/1/2000 | 1786 | 253 | 1277728 | LA | Ouachita | ||||||||||
LA-DRS0137-000 |
PAULA D CASE MCCOIN | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/1/2000 | 1786 | 279 | 1277736 | LA | Ouachita | ||||||||||
LA-DRS0138-000 |
JEEMS WILLIAM SNIPES ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/28/1998 | 1747 | 670 | 1242399 | LA | Ouachita | ||||||||||
LA-DRS0139-000 |
J W HOLTON ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/12/1998 | 1750 | 392 | 1244747 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0140-000 |
WILLIAM LARRY COLE | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 9/1/1998 | 1744 | 1239603 | LA | Ouachita | |||||||||||
LA-DRS0141-000 |
LARRY JOE CONRAD ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/1/1998 | 1744 | 1239608 | LA | Ouachita | |||||||||||
LA-DRS0142-000 |
JOHN WESLEY DYE | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 3/7/2000 | 1788 | 1279718 | LA | Ouachita | |||||||||||
LA-DRS0143-000 |
JOHN O HENNEN JR ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 3/22/2000 | 1790 | 1281261 | LA | Ouachita | |||||||||||
LA-DRS0144-000 |
TRAVIS D PEPPERS SR ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 3/28/2000 | 1790 | 1281257 | LA | Ouachita | |||||||||||
LA-DRS0145-000 |
MICHAEL FRANCIS MILLER | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/1/2000 | 1277732 | LA | Ouachita | ||||||||||||
LA-DRS0146-000 |
CHARLENE WALLACE BURNS | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/1/2000 | 1786 | 259 | 1277730 | LA | Ouachita | ||||||||||
LA-DRS0147-000 |
KATIE PEARCY FUNDERBURK | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/25/2000 | 1788 | 1279720 | LA | Ouachita | |||||||||||
LA-DRS0148-000 |
W-W HOMES INC | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 4/13/2000 | 1283814 | LA | Ouachita | ||||||||||||
LA-DRS0149-000 |
STATE OF LOUISIANA #16275, THE OUACHITA PARISH SCHOOL SYSTEM | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 9/9/1998 | 1743 | 1239129 | LA | Ouachita | |||||||||||
LA-DRS0150-000 |
GLENN WAYNE EDWARDS ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/13/1998 | 1744 | 1239612 | LA | Ouachita | |||||||||||
LA-DRS0151-000 |
SOUTHERN DELTA HOMES INC | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/24/1998 | 1742 | 390 | 1237768 | LA | Ouachita | ||||||||||
LA-DRS0152-000 |
CLIFFORD JACKSON CALLOWAY ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 5/26/1998 | 1742 | 509 | 1237798 | LA | Ouachita | ||||||||||
LA-DRS0153-000 |
JESSIE BABCOCK ALGER | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 2/11/2000 | 1786 | 295 | 1277741 | LA | Ouachita | ||||||||||
LA-DRS0154-000 |
TERESA PHILLIPS MCDANELL ET AL | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 1/25/2000 | 1786 | 250 | 1277727 | LA | Ouachita | ||||||||||
LA-DRS0155-000 |
JAMES E TOWNSEND ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 3/9/2000 | 1788 | 1279717 | LA | Ouachita | |||||||||||
LA-DRS0156-000 |
GEORGE M YOUNGER JR | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 3/25/1999 | 1784 | 1275780 | LA | Ouachita | |||||||||||
LA-DRS0157-000 |
DOROTHY LEE HUTSON | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 3/30/2000 | 1793 | 1283815 | LA | Ouachita | |||||||||||
LA-DRS0158-000 |
HANSEL T NELSON ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/28/1998 | 1742 | 377 | 1237764 | LA | Ouachita | ||||||||||
LA-DRS0159-000 |
MARY ANNE COOK WHITE | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 444 | 1237783 | LA | Ouachita | ||||||||||
LA-DRS0160-000 |
BILLY JOE TAYLOR ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 4/30/1998 | 1742 | 476 | 1237791 | LA | Ouachita | ||||||||||
LA-DRS0161-000 |
TARSHA CORPORATION | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 4/30/1998 | 1742 | 472 | 1237790 | LA | Ouachita | ||||||||||
LA-DRS0162-000 |
LORA HELEN LAWRENCE WHITTINGTON ET VIR | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 7/29/1998 | 1742 | 399 | 1237770 | LA | Ouachita | ||||||||||
LA-DRS0163-000 |
STATE OF LOUISIANA #16274, THE OUACHITA PARISH POLICE JURY | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 9/9/1998 | 1743 | 1239130 | LA | Ouachita | |||||||||||
LA-DRS0164-001 |
HARRY DONALD PASCHAL | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 7/7/1998 | 1742 | 483 | 1237771 | LA | Ouachita | ||||||||||
LA-DRS0165-000 |
LEWIS M BARKER | GOODRICH PETROLEUM | 10/20/2000 | 1811 | 567 | 1298527 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0166-001 |
LEE ROY MCGREW ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 501 | 1237796 | LA | Ouachita | ||||||||||
LA-DRS0167-001 |
VELMA FLETCHER BOWKER | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 441 | 1237782 | LA | Ouachita | ||||||||||
LA-DRS0168-001 |
TERESA PHILLIPS MCDANELL ET VIR | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/17/1998 | 1742 | 373 | 1237763 | LA | Ouachita | ||||||||||
LA-DRS0169-001 |
DENVER L COPELAND ET AL | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 12/9/1998 | 1750 | 387 | 1244746 | LA | Ouachita | ||||||||||
LA-DRS0170-001 |
BETHEL BAPTIST CHURCH INC | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 7/30/1998 | 1742 | 394 | 1237769 | LA | Ouachita | ||||||||||
LA-DRS0171-001 |
DOYLE C DANIEL ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 438 | 1237781 | LA | Ouachita | ||||||||||
LA-DRS0172-001 |
SUE PARKER TIDWELL | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 5/4/1998 | 1742 | 499 | 1237795 | LA | Ouachita | ||||||||||
LA-DRS0173-001 |
STERLING OAKS LLC | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 4/30/1998 | 1742 | 504 | 1237797 | LA | Ouachita | ||||||||||
LA-DRS0174-001 |
DARYL KEITH DANIEL ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 432 | 1237779 | LA | Ouachita | ||||||||||
LA-DRS0175-001 |
IRENE MONROE CASE | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 533 | 1237805 | LA | Ouachita | ||||||||||
LA-DRS0175-002 |
LINDA CASE FERGUSON | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 419 | 1237776 | LA | Ouachita | ||||||||||
LA-DRS0175-003 |
PAULA CASE MCCOIN | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 416 | 1237775 | LA | Ouachita | ||||||||||
LA-DRS0176-001 |
EARTH RECYCLING CORPORATION | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 5/6/1998 | 1742 | 493 | 1237794 | LA | Ouachita | ||||||||||
LA-DRS0177-001 |
LUCY ALICE SCHANKS WHITLOCK | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 6/5/1998 | 1742 | 435 | 1237780 | LA | Ouachita | ||||||||||
LA-DRS0178-001 |
NATHAN G ROBERTS ET UX | GOODRICH PETROLEUM COMPANYOF LOUISIANA | 6/5/1998 | 1742 | 429 | 1237778 | LA | Ouachita | ||||||||||
LA-DRS0179-001 |
JOSEPH ALBERT FORD III STACIE HARGROVE FORD | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 5/6/1998 | 1742 | 462 | 1237788 | LA | Ouachita | ||||||||||
LA-DRS0180-001 |
DOW CON INC | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 4/20/1998 | 1742 | 466 | 1237787 | LA | Ouachita | ||||||||||
LA-DRS0181-001 |
JAMES MICHAEL BARNES | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/28/1998 | 1742 | 370 | 1237762 | LA | Ouachita | ||||||||||
LA-DRS0182-001 |
HERMAN W CHILTON ET AL | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/15/1998 | 1788 | 723 | 1280400 | LA | Ouachita | ||||||||||
LA-DRS0183-001 |
WAMUL R OWENS ET AL | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/15/1998 | 1788 | 710 | 1280399 | LA | Ouachita | ||||||||||
LA-DRS0184-001 |
E A MOORE ET AL | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/15/1998 | 1788 | 696 | 1280398 | LA | Ouachita | ||||||||||
LA-DRS0185-001 |
LINDA COSTELLO SILMON | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 4/28/1998 | 1742 | 458 | 1237787 | LA | Ouachita | ||||||||||
LA-DRS0186-001 |
G L HENDRIX AKA GARLAND LEON HENDRICKS ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 8/4/1998 | 1742 | 410 | 1237773 | LA | Ouachita | ||||||||||
LA-DRS0187-001 |
BEVERLY F BAIN | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/1/1998 | 1744 | 1239607 | LA | Ouachita | |||||||||||
LA-DRS0187-002 |
CAROLYN F UPTON | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/1/1998 | 1744 | 1239609 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0187-003 |
BILLY S HANCOCK | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 10/1/1998 | 1747 | 674 | 1242400 | LA | Ouachita | ||||||||||
LA-DRS0188-001 |
ERNEST LAVAINE WILLIAMSON | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 9/9/1998 | 1744 | 1239601 | LA | Ouachita | |||||||||||
LA-DRS0188-002 |
ROY HERSHEL WILLIAMSON ET UX | GOODRICH PETROLEUM COMPANY OF LOUISIANA | 9/9/1998 | 1744 | 1239602 | LA | Ouachita | |||||||||||
283 | 1326769 | |||||||||||||||||
283 | 1326769 | |||||||||||||||||
283 | 1326769 | |||||||||||||||||
283 | 1326769 | |||||||||||||||||
LA-DRS0189-000 |
RITA EDNA P BARTLETT ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 283 | 1326769 | LA | Ouachita | |||||||||||
293 | 1326770 | |||||||||||||||||
293 | 1326770 | |||||||||||||||||
293 | 1326770 | |||||||||||||||||
293 | 1326770 | |||||||||||||||||
293 | 1326770 | |||||||||||||||||
LA-DRS0190-000 |
JAMES DALE BASS ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 293 | 1326770 | LA | Ouachita | |||||||||||
303 | 1326771 | |||||||||||||||||
293 | 1326771 | |||||||||||||||||
303 | 1326771 | |||||||||||||||||
303 | 1326771 | |||||||||||||||||
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303 | 1326771 | |||||||||||||||||
303 | 1326771 | |||||||||||||||||
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303 | 1326771 | |||||||||||||||||
303 | 1326771 | |||||||||||||||||
303 | 1326771 | |||||||||||||||||
303 | 1326771 | |||||||||||||||||
LA-DRS0191-000 |
CLARENCE LEE AVANT ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 303 | 1326771 | LA | Ouachita | |||||||||||
318 | 1326772 | |||||||||||||||||
318 | 1326772 | |||||||||||||||||
318 | 1326772 | |||||||||||||||||
318 | 1326772 | |||||||||||||||||
318 | 1326772 | |||||||||||||||||
318 | 1326772 | |||||||||||||||||
318 | 1326772 | |||||||||||||||||
LA-DRS0192-000 |
FRANCIS M BOOTH ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 318 | 1326772 | LA | Ouachita | |||||||||||
355 | 1326775 | |||||||||||||||||
355 | 1326775 | |||||||||||||||||
LA-DRS0193-000 |
TIMOTHY G NEATHERY ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 355 | 1326775 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
329 | 1326773 | |||||||||||||||||
LA-DRS0194-000 |
CHARLES T BUMGARDNER ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 329 | 1326773 | LA | Ouachita | |||||||||||
346 | 1326774 | |||||||||||||||||
346 | 1326774 | |||||||||||||||||
346 | 1326774 | |||||||||||||||||
346 | 1326774 | |||||||||||||||||
LA-DRS0195-000 |
LUISE BACH CAUSEY ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 346 | 1326774 | LA | Ouachita | |||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
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32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
32 | 1326732 | |||||||||||||||||
LA-DRS0196-000 |
DINA L K ANTLEY ET AL | JM EXPLORATION CO., LLC | 9/8/2001 | 32 | 1326732 | LA | Ouachita | |||||||||||
LA-DRS0197-000 |
BREARD BONNETTE ET AL | JM EXPLORATION CO., LLC | 9/8/2001 | 364 | 1326776 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
889 | 1326730 | |||||||||||||||||
889 | 1326730 | |||||||||||||||||
889 | 1326730 | |||||||||||||||||
LA-DRS0198-001 |
ACHIEVERS INC ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 889 | 1326730 | LA | Ouachita | |||||||||||
886 | 1335494 | |||||||||||||||||
886 | 1335494 | |||||||||||||||||
886 | 1335494 | |||||||||||||||||
886 | 1335494 | |||||||||||||||||
886 | 1335494 | |||||||||||||||||
886 | 1335494 | |||||||||||||||||
886 | 1335494 | |||||||||||||||||
886 | 1335494 | |||||||||||||||||
886 | 1335494 | |||||||||||||||||
LA-DRS0198-002 |
JUANITA FAYE HARPER BAILEY ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 886 | 1335494 | LA | Ouachita | |||||||||||
54 | 1326733 | |||||||||||||||||
54 | 1326733 | |||||||||||||||||
54 | 1326733 | |||||||||||||||||
54 | 1326733 | |||||||||||||||||
54 | 1326733 | |||||||||||||||||
54 | 1326733 | |||||||||||||||||
54 | 1326733 | |||||||||||||||||
LA-DRS0199-000 |
CHARLES ROY BENTLEY ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 54 | 1326733 | LA | Ouachita | |||||||||||
68 | 1326734 | |||||||||||||||||
LA-DRS0200-000 |
ROBERT W BARNHILL ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 68 | 1326734 | LA | Ouachita | |||||||||||
75 | 1326735 | |||||||||||||||||
LA-DRS0201-000 |
JIMMY W WILLIAMS ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 75 | 1326735 | LA | Ouachita | |||||||||||
105 | 1326738 | |||||||||||||||||
105 | 1326738 | |||||||||||||||||
LA-DRS0202-000 |
CHLOTILE JOHNSON ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 105 | 1326738 | LA | Ouachita | |||||||||||
827 | 1335486 | |||||||||||||||||
LA-DRS0203-000 |
CLYDE R BEAVER ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 827 | 1335486 | LA | Ouachita | |||||||||||
851 | 1335489 | |||||||||||||||||
LA-DRS0204-000 |
WAYMAN L LACAS ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 851 | 1335489 | LA | Ouachita | |||||||||||
LA-DRS0205-000 |
RICHARD L ROGERS | JM EXPLORATION CO., LLC | 10/29/2001 | 865 | 1335491 | LA | Ouachita | |||||||||||
96 | 1326737 | |||||||||||||||||
96 | 1326737 | |||||||||||||||||
96 | 1326737 | |||||||||||||||||
96 | 1326737 | |||||||||||||||||
96 | 1326737 | |||||||||||||||||
LA-DRS0206-000 |
HATTIE ELIZABETH ARCHIE ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 96 | 1326737 | LA | Ouachita | |||||||||||
LA-DRS0207-000 |
BROWN & LEE INC ET AL | JM EXPLORATION CO., LLC | 9/22/2001 | 81 | 1326736 | LA | Ouachita | |||||||||||
840 | 1335488 | |||||||||||||||||
840 | 1335488 | |||||||||||||||||
840 | 1335488 | |||||||||||||||||
840 | 1335488 | |||||||||||||||||
840 | 1335488 | |||||||||||||||||
840 | 1335488 | |||||||||||||||||
840 | 1335488 | |||||||||||||||||
840 | 1335488 | |||||||||||||||||
LA-DRS0208-000 |
BENNIE J PARKER ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 840 | 1335488 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
1 | 1335498 | |||||||||||||||||
1 | 1335498 | |||||||||||||||||
1 | 1335498 | |||||||||||||||||
LA-DRS0209-000 |
JERRY ADAY ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 1 | 1335498 | LA | Ouachita | |||||||||||
10 | 1335499 | |||||||||||||||||
10 | 1335499 | |||||||||||||||||
LA-DRS0210-000 |
MANSFORD E PARKER ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 10 | 1335499 | LA | Ouachita | |||||||||||
37 | 1335503 | |||||||||||||||||
37 | 1335503 | |||||||||||||||||
37 | 1335503 | |||||||||||||||||
LA-DRS0211-000 | ROGER DALE JONES ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 37 | 1335503 | LA | Ouachita | |||||||||||
LA-DRS0212-000 |
SARA EVON MOORE MCLEMORE ET VIR | JM EXPLORATION CO., LLC | 10/29/2001 | 45 | 1335504 | LA | Ouachita | |||||||||||
57 | 1335506 | |||||||||||||||||
57 | 1335506 | |||||||||||||||||
LA-DRS0213-000 |
JOHN R LAWSON ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 57 | 1335506 | LA | Ouachita | |||||||||||
LA-DRS0214-000 |
WESLEY F PIPES | JM EXPLORATION CO., LLC | 10/29/2001 | 70 | 1335508 | LA | Ouachita | |||||||||||
LA-DRS0215-000 |
LORETTA MILES BAILEY ET AL | JM EXPLORATION CO., LLC | 9/8/2001 | 112 | 1326739 | LA | Ouachita | |||||||||||
909 | 1335496 | |||||||||||||||||
909 | 1335496 | |||||||||||||||||
LA-DRS0216-000 |
TOLLIE E BAUGH ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 909 | 1335496 | LA | Ouachita | |||||||||||
879 | 1335493 | |||||||||||||||||
879 | 1335493 | |||||||||||||||||
LA-DRS0217-000 |
DOUGLAS E BAKER ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 879 | 1335493 | LA | Ouachita | |||||||||||
870 | 1335492 | |||||||||||||||||
870 | 1335492 | |||||||||||||||||
870 | 1335492 | |||||||||||||||||
LA-DRS0218-000 | PAUL M LUBOFSKY ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 870 | 1335492 | LA | Ouachita | |||||||||||
LA-DRS0219-000 |
MILDRED CAUGHLIN | JM EXPLORATION CO., LLC | 10/10/2001 | 867 | 1327209 | LA | Ouachita | |||||||||||
76 | 1335509 | |||||||||||||||||
76 | 1335509 | |||||||||||||||||
76 | 1335509 | |||||||||||||||||
76 | 1335509 | |||||||||||||||||
76 | 1335509 | |||||||||||||||||
76 | 1335509 | |||||||||||||||||
76 | 1335509 | |||||||||||||||||
76 | 1335509 | |||||||||||||||||
LA-DRS0220-000 |
LESTER W NICHOLS ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 76 | 1335509 | LA | Ouachita | |||||||||||
LA-DRS0221-000 |
SHARON DENISE JOHNSON | JM EXPLORATION CO., LLC | 10/29/2001 | 64 | 1335507 | LA | Ouachita | |||||||||||
LA-DRS0222-000 |
HERBERT MERLIN CADY | JM EXPLORATION CO., LLC | 11/28/2001 | 53 | 1333006 | LA | Ouachita | |||||||||||
858 | 1335490 | |||||||||||||||||
LA-DRS0223-000 |
WILLIAM O WELCH ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 858 | 1335490 | LA | Ouachita | |||||||||||
LA-DRS0224-000 |
JAMES WALTER PARROTT | JM EXPLORATION CO., LLC | 10/29/2001 | 834 | 1335487 | LA | Ouachita | |||||||||||
917 | 1335497 | |||||||||||||||||
LA-DRS0225-000 |
THERESA MCDONALD ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 917 | 1335497 | LA | Ouachita | |||||||||||
LA-DRS0226-000 |
INTEGRA ENTERPRISES LLC | JM EXPLORATION CO LLC | 10/29/2001 | 26 | 1335501 | LA | Ouachita | |||||||||||
31 | 1335502 | |||||||||||||||||
LA-DRS0227-000 | JAMES F WELCH ET AL | JM EXPLORATION CO., LLC | 10/29/2001 | 31 | 1335502 | LA | Ouachita | |||||||||||
LA-DRS0228-000 |
LINDA ANN MITCHELL HUTSON | JM EXPLORATION CO., LLC | 10/29/2001 | 51 | 1335505 | LA | Ouachita | |||||||||||
LA-DRS0229-000 |
WILLIE MUSE ET UX | JM EXPLORATION CO., LLC | 11/1/2001 | 910 | 1332991 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
17 | 1335500 | |||||||||||||||||
17 | 1335500 | |||||||||||||||||
17 | 1335500 | |||||||||||||||||
17 | 1335500 | |||||||||||||||||
LA-DRS0230-000 |
DWAIN SUTTON ET AL | JM EXPLORATION CO., LLC | 12/10/2001 | 17 | 1335500 | LA | Ouachita | |||||||||||
LA-DRS0231-000 |
VERA K WILLIAMSON | FIRESIDE OIL AND GAS, INC. | 9/26/2001 | 701 | 1324878 | LA | Ouachita | |||||||||||
LA-DRS0232-000 |
EDWARD LAMAR HEMPHILL ET UX | FIRESIDE OIL AND GAS, INC. | 9/26/2001 | 703 | 1324879 | LA | Ouachita | |||||||||||
LA-DRS0233-000 |
SUMMIT CONSTRUCTION INC | FIRESIDE OIL AND GAS, INC. | 9/26/2001 | 708 | 1324880 | LA | Ouachita | |||||||||||
LA-DRS0234-000 |
J & P INC | FIRESIDE OIL AND GAS, INC. | 9/26/2001 | 712 | 1324881 | LA | Ouachita | |||||||||||
LA-DRS0235-000 |
OBIOLINE HIGHTOWER PARHAM ET VIR | FIRESIDE OIL AND GAS INC | 9/27/2001 | 717 | 1324882 | LA | Ouachita | |||||||||||
LA-DRS0236-000 | JERRY WAYNE CASCIO | FIRESIDE OIL AND GAS, INC. | 10/1/2001 | 720 | 1324883 | LA | Ouachita | |||||||||||
LA-DRS0237-000 |
GENE ELDRA BROOM | FIRESIDE OIL AND GAS, INC. | 10/3/2001 | 725 | 1324884 | LA | Ouachita | |||||||||||
LA-DRS0238-000 |
KENNETH R HILL JR ET UX | FIRESIDE OIL AND GAS, INC. | 10/3/2001 | 728 | 1324885 | LA | Ouachita | |||||||||||
LA-DRS0239-000 |
CECIL H SMITH ET UX | FIRESIDE OIL AND GAS, INC. | 10/4/2001 | 731 | 1324886 | LA | Ouachita | |||||||||||
LA-DRS0240-000 |
MAGGIE WILLOWDENE MCMILLIAN | FIRESIDE OIL AND GAS, INC. | 10/6/2001 | 734 | 1324887 | LA | Ouachita | |||||||||||
LA-DRS0241-000 |
C ROY BUILDERS INC | FIRESIDE OIL AND GAS, INC. | 10/11/2001 | 123 | 1325198 | LA | Ouachita | |||||||||||
LA-DRS0242-000 |
LONNIE VINCENT TRICHELL | FIRESIDE OIL AND GAS, INC. | 10/10/2001 | 126 | 1325199 | LA | Ouachita | |||||||||||
LA-DRS0243-000 |
WILLIAM MARVIN SPILLERS ET UX | FIRESIDE OIL AND GAS, INC. | 10/8/2001 | 158 | 1325244 | LA | Ouachita | |||||||||||
LA-DRS0244-000 |
BETTY IVEY GARTMAN | JM EXPLORATION CO, LLC | 10/29/2001 | 900 | 1335495 | LA | Ouachita | |||||||||||
LA-DRS0245-000 |
SAFE INVESTMENTS INC | FIRESIDE OIL AND GAS INC | 10/23/2001 | 357 | 1326201 | LA | Ouachita | |||||||||||
LA-DRS0246-000 |
HENRY LAVELLE MURPHY ET UX | FIRESIDE OIL AND GAS, INC. | 10/22/2001 | 360 | 1326202 | LA | Ouachita | |||||||||||
LA-DRS0247-000 |
MARGUERITE YOUNG ANDERSON | JM EXPLORATION CO, LLC | 10/20/2001 | 92 | 1325984 | LA | Ouachita | |||||||||||
LA-DRS0248-000 |
CLAUDELL BEENE ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 96 | 1325985 | LA | Ouachita | |||||||||||
LA-DRS0249-000 |
J S BELL ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 100 | 1325986 | LA | Ouachita | |||||||||||
LA-DRS0250-000 |
ROBERT G BENCH ST ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 104 | 1325987 | LA | Ouachita | |||||||||||
LA-DRS0251-000 |
AUDREY MAE BONDS | JM EXPLORATION CO, LLC | 10/10/2001 | 213 | 1326759 | LA | Ouachita | |||||||||||
LA-DRS0252-000 | CAROLYN SEA COON ET VIR | JM EXPLORATION CO, LLC | 10/20/2001 | 108 | 1325988 | LA | Ouachita | |||||||||||
LA-DRS0253-000 |
DONNIE E DAWSON ET UX | JM EXPLORATION CO, LLC | 10/13/2001 | 9 | 1329044 | LA | Ouachita | |||||||||||
LA-DRS0254-000 |
B T DEAN | JM EXPLORATION CO, LLC | 10/20/2001 | 116 | 1325990 | LA | Ouachita | |||||||||||
LA-DRS0255-000 |
SAM LUSTER FARMER ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 161 | 1326001 | LA | Ouachita | |||||||||||
LA-DRS0256-000 |
EARL FARRIS ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 217 | 1326760 | LA | Ouachita | |||||||||||
LA-DRS0257-000 |
LINDA JEAN HENNING | JM EXPLORATION CO, LLC | 10/10/2001 | 703 | 1325771 | LA | Ouachita | |||||||||||
LA-DRS0258-000 |
ROBERT JENKINS ESTATE | JM EXPLORATION CO, LLC | 10/10/2001 | 715 | 1325774 | LA | Ouachita | |||||||||||
LA-DRS0259-000 |
GLENN TODD JENKINS | JM EXPLORATION CO, LLC | 10/10/2001 | 707 | 1325772 | LA | Ouachita | |||||||||||
LA-DRS0260-000 |
JIMMY LEE JENKINS ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 145 | 1325997 | LA | Ouachita | |||||||||||
LA-DRS0261-000 |
PANSY JENKINS | JM EXPLORATION CO, LLC | 10/10/2001 | 711 | 1325773 | LA | Ouachita | |||||||||||
LA-DRS0262-000 |
PLEAS JENKINS JR | JM EXPLORATION CO, LLC | 10/10/2001 | 149 | 1325998 | LA | Ouachita | |||||||||||
LA-DRS0263-000 |
J H P CONSTRUCTION CO INC | JM EXPLORATION CO LLC | 10/11/2001 | 719 | 1325775 | LA | Ouachita | |||||||||||
LA-DRS0264-000 |
JO ANN MARDIS JONES | JM EXPLORATION CO, LLC | 10/10/2001 | 723 | 1325776 | LA | Ouachita | |||||||||||
LA-DRS0265-000 |
JO ANN MARDIS JONES | JM EXPLORATION CO, LLC | 10/15/2001 | 822 | 1327198 | LA | Ouachita | |||||||||||
LA-DRS0266-000 |
SAMMY GENE KENNEDY ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 727 | 1325777 | LA | Ouachita | |||||||||||
LA-DRS0267-000 |
LOUISE WILLIAMS LEE | JM EXPLORATION CO, LLC | 10/20/2001 | 221 | 1326761 | LA | Ouachita | |||||||||||
LA-DRS0268-000 |
VIRGINIA MAYES ET AL | JM EXPLORATION CO, LLC | 10/31/2001 | 25 | 1329048 | LA | Ouachita | |||||||||||
LA-DRS0269-000 |
ODESSA MILLS | JM EXPLORATION CO, LLC | 10/20/2001 | 169 | 1326003 | LA | Ouachita | |||||||||||
LA-DRS0270-000 |
ODESSA MILLS ET AL | JM EXPLORATION CO LLC | 10/31/2001 | 469 | 1327840 | LA | Ouachita | |||||||||||
LA-DRS0271-000 |
VANESSA MINNIEFIELD | JM EXPLORATION CO, LLC | 10/20/2001 | 173 | 1326004 | LA | Ouachita | |||||||||||
LA-DRS0272-000 | MARY ELIZABETH MORRIS | JM EXPLORATION CO, LLC | 10/20/2001 | 177 | 1326005 | LA | Ouachita | |||||||||||
LA-DRS0273-000 |
WILLIE MORRIES ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 181 | 1326006 | LA | Ouachita | |||||||||||
LA-DRS0274-000 |
OLCIE C OWENS | JM EXPLORATION CO, LLC | 10/20/2001 | 189 | 1326008 | LA | Ouachita | |||||||||||
LA-DRS0275-000 |
JOHN H PRUETT JR ET UX | JM EXPLORATION CO, LLC | 10/11/2001 | 189 | 1326753 | LA | Ouachita | |||||||||||
LA-DRS0276-000 |
LORETHA L ROBINSON | JM EXPLORATION CO, LLC | 10/20/2001 | 477 | 1327842 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0277-000 |
SAMARIA ALLEN ROBINSON | JM EXPLORATION CO, LLC | 10/10/2001 | 193 | 1326009 | LA | Ouachita | |||||||||||
LA-DRS0278-000 |
JEFFERY MITCHELL RUSHING ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 197 | 1326010 | LA | Ouachita | |||||||||||
LA-DRS0279-000 |
BENNERSON STAMPER ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 185 | 1326752 | LA | Ouachita | |||||||||||
LA-DRS0280-000 |
LEON W STEWART | JM EXPLORATION CO, LLC | 11/6/2001 | 289 | 1328319 | LA | Ouachita | |||||||||||
LA-DRS0281-000 |
EDDIE TAYLOR ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 205 | 1326012 | LA | Ouachita | |||||||||||
LA-DRS0282-000 |
PATRICIA MANNING TOSTEN | JM EXPLORATION CO, LLC | 10/20/2001 | 826 | 1327199 | LA | Ouachita | |||||||||||
LA-DRS0283-000 |
JULIA ANN TRAYLOR | JM EXPLORATION CO, LLC | 10/13/2001 | 831 | 1325802 | LA | Ouachita | |||||||||||
LA-DRS0284-000 |
LEULLAR WADE ET VIR | JM EXPLORATION CO, LLC | 10/20/2001 | 830 | 1327200 | LA | Ouachita | |||||||||||
LA-DRS0285-000 |
GEORGE WASHINGTON ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 821 | 1335485 | LA | Ouachita | |||||||||||
LA-DRS0286-000 |
MATTHEW WILLIAMS ET AL | JM EXPLORATION CO, LLC | 10/10/2001 | 835 | 1325803 | LA | Ouachita | |||||||||||
LA-DRS0287-000 | THOMAS L WILLIAMS | JM EXPLORATION CO, LLC | 10/10/2001 | 424 | 1327829 | LA | Ouachita | |||||||||||
LA-DRS0288-000 |
MAGDALEAN WOODS YOUNG | JM EXPLORATION CO, LLC | 10/22/2001 | 225 | 1326762 | LA | Ouachita | |||||||||||
LA-DRS0289-000 |
JAMES HAROLD DEAN | JM EXPLORATION CO, LLC | 11/8/2001 | 313 | 1328325 | LA | Ouachita | |||||||||||
LA-DRS0290-000 |
MAXINE HAMILTON WILLIAMS HARRIS | JM EXPLORATION CO, LLC | 10/20/2001 | 886 | 1327213 | LA | Ouachita | |||||||||||
LA-DRS0291-000 |
ETHEL MAE GRAY HINES | JM EXPLORATION CO, LLC | 10/31/2001 | 17 | 1329046 | LA | Ouachita | |||||||||||
LA-DRS0292-000 |
GERALD GLENN HOGARD ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 317 | 1328326 | LA | Ouachita | |||||||||||
LA-DRS0293-000 |
VIVIAN C RANEY | JM EXPLORATION CO, LLC | 10/20/2001 | 321 | 1328327 | LA | Ouachita | |||||||||||
LA-DRS0294-000 |
SIEGLE COMMUNITY BAPTIST CHURCH INC | JM EXPLORATION CO, LLC | 10/30/2001 | 325 | 1328328 | LA | Ouachita | |||||||||||
LA-DRS0295-000 |
HOUSTON HINES ET UX | JM EXPLORATION CO, LLC | 11/19/2001 | 21 | 1329047 | LA | Ouachita | |||||||||||
LA-DRS0296-000 |
JIM HALL | JM EXPLORATION CO, LLC | 10/10/2001 | 452 | 1327836 | LA | Ouachita | |||||||||||
LA-DRS0297-000 |
JESUS HOUSE OF PRAYER | JM EXPLORATION CO, LLC | 11/16/2001 | 28 | 1333000 | LA | Ouachita | |||||||||||
LA-DRS0298-000 |
DAVPORT CO INC | JM EXPLORATION CO, LLC | 11/8/2001 | 61 | 1333008 | LA | Ouachita | |||||||||||
LA-DRS0299-001 |
FELICIA D MANNING | JM EXPLORATION CO, LLC | 12/27/2001 | 84 | 1333013 | LA | Ouachita | |||||||||||
LA-DRS0299-002 |
JANET WILSON | JM EXPLORATION CO, LLC | 12/27/2001 | 76 | 1333011 | LA | Ouachita | |||||||||||
LA-DRS0299-003 |
LEON WILSON | JM EXPLORATION CO, LLC | 12/27/2001 | 80 | 1333012 | LA | Ouachita | |||||||||||
LA-DRS0300-000 |
ANGELA SAMUELS | JM EXPLORATION CO, LLC | 12/7/2001 | 803 | 1335481 | LA | Ouachita | |||||||||||
LA-DRS0301-000 | SAN-TECH INC | JM EXPLORATION CO, LLC | 10/10/2001 | 807 | 1335482 | LA | Ouachita | |||||||||||
LA-DRS0302-000 |
JAMES MARVIN BRASHER | JM EXPLORATION CO, LLC | 10/24/2001 | 177 | 1326750 | LA | Ouachita | |||||||||||
LA-DRS0303-000 |
JOYCE BECKTON COLE | JM EXPLORATION CO, LLC | 9/28/2001 | 661 | 1325761 | LA | Ouachita | |||||||||||
LA-DRS0304-000 |
CECIL GLEASON COPELAND | JM EXPLORATION CO, LLC | 9/28/2001 | 665 | 1325762 | LA | Ouachita | |||||||||||
LA-DRS0305-000 |
LEANDREW CYRUS | JM EXPLORATION CO, LLC | 10/22/2001 | 181 | 1326751 | LA | Ouachita | |||||||||||
LA-DRS0306-000 |
MARY LOUS CYRUS | JM EXPLORATION CO, LLC | 10/22/2001 | 818 | 1327197 | LA | Ouachita | |||||||||||
LA-DRS0307-000 |
LARRY EUGENE EVANS ET UX | JM EXPLORATION CO, LLC | 9/28/2001 | 687 | 1325767 | LA | Ouachita | |||||||||||
LA-DRS0308-000 |
JAMES COY FORD ET UX | JM EXPLORATION CO, LLC | 9/28/2001 | 699 | 1325770 | LA | Ouachita | |||||||||||
LA-DRS0309-000 |
EDGAR CLEO LAMBERT ET UX | JM EXPLORATION CO, LLC | 10/8/2001 | 731 | 1325778 | LA | Ouachita | |||||||||||
LA-DRS0310-000 |
RALPH E MAGOURIK ET UX | JM EXPLORATION CO, LLC | 9/12/2001 | 743 | 1325781 | LA | Ouachita | |||||||||||
LA-DRS0311-000 |
HARRY LEROY MCLAUGHLIN ET UX | JM EXPLORATION CO, LLC | 9/25/2001 | 760 | 1325785 | LA | Ouachita | |||||||||||
LA-DRS0312-000 |
BOBBIE MOSS | JM EXPLORATION CO, LLC | 9/28/2001 | 816 | 1335484 | LA | Ouachita | |||||||||||
LA-DRS0313-000 |
ALFRED JAMES RICKMAN ET UX | JM EXPLORATION CO, LLC | 9/28/2001 | 781 | 1325790 | LA | Ouachita | |||||||||||
LA-DRS0314-000 |
LONNIE BERNARD SMITH SR | JM EXPLORATION CO, LLC | 9/28/2001 | 803 | 1325795 | LA | Ouachita | |||||||||||
LA-DRS0315-000 |
ST JOSEPH BAPTIST CHURCH OF WEST MONROE | JM EXPLORATION CO, LLC | 9/28/2001 | 811 | 1325797 | LA | Ouachita | |||||||||||
LA-DRS0316-000 |
BUSTER WOODS ESTATE ET AL | JM EXPLORATION CO, LLC | 9/28/2001 | 843 | 1325805 | LA | Ouachita | |||||||||||
LA-DRS0317-000 |
STARDUST ENTERPRISES LLC | JM EXPLORATION CO, LLC | 10/31/2001 | 29 | 1329049 | LA | Ouachita | |||||||||||
LA-DRS0318-000 |
PAMELA SUE RICE ALBRITTON | JM EXPLORATION CO, LLC | 10/10/2001 | 209 | 1326758 | LA | Ouachita | |||||||||||
LA-DRS0319-000 |
JIMMY LEE ARMSTRONG | JM EXPLORATION CO, LLC | 11/8/2001 | 277 | 1328316 | LA | Ouachita | |||||||||||
LA-DRS0320-000 |
PAULINE M AVANT | JM EXPLORATION CO, LLC | 10/20/2001 | 197 | 1326755 | LA | Ouachita | |||||||||||
LA-DRS0321-000 | GENEIVA S BANKSTON | JM EXPLORATION CO, LLC | 10/31/2001 | 890 | 1327214 | LA | Ouachita | |||||||||||
LA-DRS0322-000 |
CLYDE RAYMOND BEAVER | JM EXPLORATION CO, LLC | 10/10/2001 | 633 | 1325754 | LA | Ouachita | |||||||||||
LA-DRS0323-000 |
ADDIE JEAN PITHER BEAVERS | JM EXPLORATION CO, LLC | 10/10/2001 | 637 | 1325755 | LA | Ouachita | |||||||||||
LA-DRS0324-000 |
ROBERT G BENCH ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 641 | 1325756 | LA | Ouachita | |||||||||||
LA-DRS0325-000 |
JOSEPH A BOUWELL ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 645 | 1325757 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0326-000 |
SANDRA LEWIS BRISTER | JM EXPLORATION CO, LLC | 10/10/2001 | 444 | 1327834 | LA | Ouachita | |||||||||||
LA-DRS0327-000 |
WAYNE S BUSH ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 432 | 1327831 | LA | Ouachita | |||||||||||
LA-DRS0328-000 |
OUIDA CADY | JM EXPLORATION CO, LLC | 10/20/2001 | 838 | 1327202 | LA | Ouachita | |||||||||||
LA-DRS0329-000 |
OLA J CONRAD | JM EXPLORATION CO, LLC | 10/11/2001 | 205 | 1326757 | LA | Ouachita | |||||||||||
LA-DRS0330-000 |
DEVA ROBINSON CONVILLE | JM EXPLORATION CO, LLC | 10/24/2001 | 871 | 1327210 | LA | Ouachita | |||||||||||
LA-DRS0331-000 |
EDNA F SPELL CRAWFORD | JM EXPLORATION CO, LLC | 10/10/2001 | 112 | 1325989 | LA | Ouachita | |||||||||||
LA-DRS0332-000 |
FRANCIS E DEVILLIER ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 120 | 1325991 | LA | Ouachita | |||||||||||
LA-DRS0333-000 |
GREGORY STEPHEN FLEMISTER ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 695 | 1325769 | LA | Ouachita | |||||||||||
LA-DRS0334-000 |
PATSY GATES HICKS | JM EXPLORATION CO, LLC | 10/10/2001 | 448 | 1327835 | LA | Ouachita | |||||||||||
LA-DRS0335-000 |
CLAUDE ROBERT HOBGOOD JR | JM EXPLORATION CO, LLC | 10/24/2001 | 428 | 1327830 | LA | Ouachita | |||||||||||
LA-DRS0336-000 | JAMES H JINKS ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 842 | 1327203 | LA | Ouachita | |||||||||||
LA-DRS0337-000 |
JAMES KENT JINKS | JM EXPLORATION CO, LLC | 10/10/2001 | 456 | 1327837 | LA | Ouachita | |||||||||||
LA-DRS0338-000 |
LARHONDA RENEE WALKER LENARD | JM EXPLORATION CO, LLC | 10/20/2001 | 193 | 1326754 | LA | Ouachita | |||||||||||
LA-DRS0339-000 |
WILBUR R LEWELLYAN ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 846 | 1327204 | LA | Ouachita | |||||||||||
LA-DRS0340-000 |
WILLIAM V MCKINLEY ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 834 | 1327201 | LA | Ouachita | |||||||||||
LA-DRS0341-000 |
HERMAN EUGENE MCLAIN ET UX | JM EXPLORATION CO, LLC | 11/7/2001 | 285 | 1328318 | LA | Ouachita | |||||||||||
LA-DRS0342-001 |
PATRICIA ANN POWELL | JM EXPLORATION CO, LLC | 10/10/2001 | 145 | 1326743 | LA | Ouachita | |||||||||||
LA-DRS0342-002 |
BILLIE SUE MEREDITH | JM EXPLORATION CO, LLC | 12/3/2001 | 32 | 1333001 | LA | Ouachita | |||||||||||
LA-DRS0343-000 |
TODD ALLEN RISLEY ET UX | JM EXPLORATION CO, LLC | 9/25/2001 | 785 | 1325791 | LA | Ouachita | |||||||||||
LA-DRS0344-000 |
TROY SMITH ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 201 | 1326011 | LA | Ouachita | |||||||||||
LA-DRS0345-000 |
JAMES EDWARD STRAHAN | JM EXPLORATION CO, LLC | 10/22/2001 | 464 | 1327839 | LA | Ouachita | |||||||||||
LA-DRS0346-000 |
CARLTON C TRAWEEK ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 201 | 1326756 | LA | Ouachita | |||||||||||
LA-DRS0347-000 |
MALCOLM GLENN WILLIAMS ET UX | JM EXPLORATION CO, LLC | 10/29/2001 | 850 | 1327205 | LA | Ouachita | |||||||||||
LA-DRS0348-001 |
RALPH W WOOLSEY | JM EXPLORATION CO, LLC | 10/24/2001 | 293 | 1328320 | LA | Ouachita | |||||||||||
LA-DRS0349-000 |
MARGARET ANN BUTLER WYLES | JM EXPLORATION CO, LLC | 10/24/2001 | 436 | 1327832 | LA | Ouachita | |||||||||||
LA-DRS0350-000 |
BOBBY R EAKER ET UX | JM EXPLORATION CO, LLC | 10/24/2001 | 13 | 1329045 | LA | Ouachita | |||||||||||
LA-DRS0351-000 | DONALD W HAMMETT ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 273 | 1328315 | LA | Ouachita | |||||||||||
LA-DRS0352-000 |
ELEANOR RUTH WILEY WHITLOCK | JM EXPLORATION CO, LLC | 11/13/2001 | 38 | 1329051 | LA | Ouachita | |||||||||||
LA-DRS0353-000 |
BILLY W SANDERS ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 460 | 1327838 | LA | Ouachita | |||||||||||
LA-DRS0354-000 |
MELINDA ARLETHA CROMWELL BARTON | JM EXPLORATION CO, LLC | 10/24/2001 | 5 | 1329043 | LA | Ouachita | |||||||||||
LA-DRS0355-000 |
LEANNE STUCKEY | JM EXPLORATION CO, LLC | 10/10/2001 | 34 | 1329050 | LA | Ouachita | |||||||||||
LA-DRS0356-000 |
KV INDUSTRIES INC | JM EXPLORATION CO, LLC | 11/16/2001 | 23 | 1332999 | LA | Ouachita | |||||||||||
LA-DRS0357-000 |
BROWNVILLE BAPTIST CHURCH INC | JM EXPLORATION CO, LLC | 10/31/2001 | 40 | 1333003 | LA | Ouachita | |||||||||||
LA-DRS0358-000 |
DONALD G MILBY ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 45 | 1333004 | LA | Ouachita | |||||||||||
LA-DRS0359-001 |
MELINDA ARLETHA CROMWELL BARTON | JM EXPLORATION CO, LLC | 12/11/2001 | 914 | 1332992 | LA | Ouachita | |||||||||||
LA-DRS0360-000 |
WILLIAM LARRY COLE | JM EXPLORATION CO, LLC | 11/14/2001 | 906 | 1332990 | LA | Ouachita | |||||||||||
LA-DRS0361-001 |
EDNA F SPELL CRAWFORD ET AL | JM EXPLORATION CO, LLC | 12/3/2001 | 1 | 1332994 | LA | Ouachita | |||||||||||
LA-DRS0361-002 |
SANDRA SPELL FROST SUMRALL | JM EXPLORATION CO, LLC | 12/27/2001 | 795 | 1335479 | LA | Ouachita | |||||||||||
LA-DRS0361-003 |
W E SUMRALL JR | JM EXPLORATION CO, LLC | 1/21/2002 | 812 | 1335483 | LA | Ouachita | |||||||||||
LA-DRS0362-000 |
GREATER OUACHITA WATER CO | JM EXPLORATION CO, LLC | 10/24/2001 | 19 | 1332998 | LA | Ouachita | |||||||||||
LA-DRS0363-000 |
DAVID W HALL ET UX | JM EXPLORATION CO, LLC | 12/3/2001 | 918 | 1332993 | LA | Ouachita | |||||||||||
LA-DRS0364-000 |
LESSIE ELAINE HOOTER ARROWOOD | JM EXPLORATION CO, LLC | 10/10/2001 | 629 | 1325753 | LA | Ouachita | |||||||||||
LA-DRS0365-000 |
FLOYD E BENNETT | JM EXPLORATION CO, LLC | 10/15/2001 | 485 | 1327844 | LA | Ouachita | |||||||||||
LA-DRS0366-000 |
RANDY JOE BRANCH ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 649 | 1325758 | LA | Ouachita | |||||||||||
LA-DRS0367-000 |
BEATRICE LOUISE BRISTER | JM EXPLORATION CO, LLC | 10/15/2001 | 173 | 1326749 | LA | Ouachita | |||||||||||
LA-DRS0368-000 |
RAYMOND ALBERT CAGLE ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 859 | 1327207 | LA | Ouachita | |||||||||||
LA-DRS0369-000 | DARRELL WAYNE CARAWAY ET UX |
JM EXPLORATION CO, LLC | 10/10/2001 | 653 | 1325759 | LA | Ouachita | |||||||||||
LA-DRS0370-000 |
GLEN B CLOYD | JM EXPLORATION CO, LLC | 10/10/2001 | 657 | 1325760 | LA | Ouachita | |||||||||||
LA-DRS0371-000 |
VIRGINIA GAIL THOMAS COX | JM EXPLORATION CO, LLC | 10/10/2001 | 669 | 1325763 | LA | Ouachita | |||||||||||
LA-DRS0372-000 |
HOMER K CRAIG ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 673 | 1325764 | LA | Ouachita | |||||||||||
LA-DRS0373-001 |
ALVIN LEE DAUGHERTY | JM EXPLORATION CO, LLC | 10/20/2001 | 481 | 1327843 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0373-002 |
SHIRLEY HILL DAUGHERTY | JM EXPLORATION CO, LLC | 10/20/2001 | 281 | 1328317 | LA | Ouachita | |||||||||||
LA-DRS0374-000 |
ANNIE RUTH DUFFY | JM EXPLORATION CO, LLC | 10/2/2001 | 678 | 1325765 | LA | Ouachita | |||||||||||
LA-DRS0375-000 |
JOHN KENNETH DUNN JR ET UX | JM EXPLORATION CO, LLC | 10/15/2001 | 124 | 1325992 | LA | Ouachita | |||||||||||
LA-DRS0376-000 |
DAVID GENE EVANS ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 682 | 1325766 | LA | Ouachita | |||||||||||
LA-DRS0377-000 |
DANNY GENE FARNELL | JM EXPLORATION CO, LLC | 10/20/2001 | 168 | 1326748 | LA | Ouachita | |||||||||||
LA-DRS0378-000 |
JACK L FIEBELKORN | JM EXPLORATION CO, LLC | 10/15/2001 | 128 | 1325993 | LA | Ouachita | |||||||||||
LA-DRS0379-000 |
JAMES J FINLEY ET UX | JM EXPLORATION CO, LLC | 10/12/2001 | 691 | 1325768 | LA | Ouachita | |||||||||||
LA-DRS0380-000 |
REGENA C GLASCOCK | JM EXPLORATION CO, LLC | 10/20/2001 | 132 | 1325994 | LA | Ouachita | |||||||||||
LA-DRS0381-000 |
HANSFORD T HAIR ET UX | JM EXPLORATION CO, LLC | 10/15/2001 | 137 | 1326741 | LA | Ouachita | |||||||||||
LA-DRS0382-000 |
MICHAEL GLENDON HOLTON | JM EXPLORATION CO, LLC | 10/10/2001 | 863 | 1327208 | LA | Ouachita | |||||||||||
LA-DRS0383-000 | OLIVER L HOWARD ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 136 | 1325995 | LA | Ouachita | |||||||||||
LA-DRS0384-000 |
J & H MOBILE HOME PARK LLC | JM EXPLORATION CO, LLC | 10/20/2001 | 141 | 1325996 | LA | Ouachita | |||||||||||
LA-DRS0385-000 |
TRAVIS L JOHNSTON | JM EXPLORATION CO, LLC | 10/15/2001 | 153 | 1325999 | LA | Ouachita | |||||||||||
LA-DRS0386-000 |
TRAVIS L JOHNSTON ET AL | JM EXPLORATION CO LLC | 10/20/2001 | 157 | 1326000 | LA | Ouachita | |||||||||||
LA-DRS0387-000 |
MILDRED BAMBURG KANE | JM EXPLORATION CO, LLC | 10/15/2001 | 160 | 1326746 | LA | Ouachita | |||||||||||
LA-DRS0388-000 |
LARRY L LAWSON ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 165 | 1326002 | LA | Ouachita | |||||||||||
LA-DRS0389-000 |
GERTRUDE LONG | JM EXPLORATION CO, LLC | 10/2/2001 | 735 | 1325779 | LA | Ouachita | |||||||||||
LA-DRS0390-000 |
MATTIE LOU PRICE LONG | JM EXPLORATION CO, LLC | 10/10/2001 | 739 | 1325780 | LA | Ouachita | |||||||||||
LA-DRS0391-000 |
OLIVER H LOWERY ET UX | JM EXPLORATION CO, LLC | 10/2/2001 | 141 | 1326742 | LA | Ouachita | |||||||||||
LA-DRS0392-000 |
DOROTHY FAYE TRICHELL MATHESON | JM EXPLORATION CO, LLC | 10/20/2001 | 473 | 1327841 | LA | Ouachita | |||||||||||
LA-DRS0393-000 |
BEVERLY JEAN SLATON MAY | JM EXPLORATION CO, LLC | 10/10/2001 | 748 | 1325782 | LA | Ouachita | |||||||||||
LA-DRS0394-000 |
JIMMY DALE MAY ET UX | JM EXPLORATION CO, LLC | 10/8/2001 | 752 | 1325783 | LA | Ouachita | |||||||||||
LA-DRS0395-000 |
JIMMY RAY MAY ET UX | JM EXPLORATION CO, LLC | 10/8/2001 | 756 | 1325784 | LA | Ouachita | |||||||||||
LA-DRS0396-000 |
CARLOUS C MORRIS ET UX | JM EXPLORATION CO, LLC | 10/2/2001 | 765 | 1325786 | LA | Ouachita | |||||||||||
LA-DRS0397-000 |
NANCY INEZ DYE MOSS | JM EXPLORATION CO, LLC | 10/20/2001 | 152 | 1326744 | LA | Ouachita | |||||||||||
LA-DRS0398-000 |
MARSHALL RAY OLIVEAUX | JM EXPLORATION CO, LLC | 10/20/2001 | 881 | 1327212 | LA | Ouachita | |||||||||||
185 | 1326007 | |||||||||||||||||
LA-DRS0399-001 |
DEWITT J OWENS | JM EXPLORATION CO, LLC | 10/20/2001 | 185 | 1326007 | LA | Ouachita | |||||||||||
LA-DRS0399-002 |
MARY SUE P OWENS SLOCUM | JM EXPLORATION CO, LLC | 11/1/2001 | 440 | 1327833 | LA | Ouachita | |||||||||||
LA-DRS0400-000 |
MICHAEL STEPHEN PARKER ET UX | JM EXPLORATION CO, LLC | 10/2/2001 | 773 | 1325788 | LA | Ouachita | |||||||||||
LA-DRS0401-000 |
BEN ERNEST PARROTT ET UX | JM EXPLORATION CO, LLC | 10/15/2001 | 876 | 1327211 | LA | Ouachita | |||||||||||
LA-DRS0402-000 |
HAROLD SPILLERS ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 229 | 1326763 | LA | Ouachita | |||||||||||
LA-DRS0403-001 |
STACY S SMITH | JM EXPLORATION CO, LLC | 10/22/2001 | 855 | 1327206 | LA | Ouachita | |||||||||||
LA-DRS0404-000 |
JESSIE CLAYTON SEPULVEDA SR ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 794 | 1325793 | LA | Ouachita | |||||||||||
LA-DRS0405-000 |
ROLAND J THOMAS ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 819 | 1325799 | LA | Ouachita | |||||||||||
LA-DRS0406-000 |
J H THRASHER ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 823 | 1325800 | LA | Ouachita | |||||||||||
LA-DRS0407-000 |
TRAVIS DORMA TOLBIRD ET UX | JM EXPLORATION CO, LLC | 10/15/2001 | 827 | 1325801 | LA | Ouachita | |||||||||||
LA-DRS0408-001 |
LOUIS HOWARD TRICHEL ET AL | JM EXPLORATION CO, LLC | 10/2/2001 | 133 | 1326740 | LA | Ouachita | |||||||||||
LA-DRS0409-000 |
SYBOL GIBSON WHITLOCK | JM EXPLORATION CO, LLC | 10/10/2001 | 209 | 1326013 | LA | Ouachita | |||||||||||
LA-DRS0410-000 |
SHIRLEY JEAN MAYES WILLIAMS | JM EXPLORATION CO, LLC | 10/20/2001 | 156 | 1326745 | LA | Ouachita | |||||||||||
LA-DRS0411-000 |
JOHN RANDALL WILLINGHAM ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 839 | 1325804 | LA | Ouachita | |||||||||||
LA-DRS0412-000 |
BERNITA FERN COX WORLEY ET VIR | JM EXPLORATION CO, LLC | 10/20/2001 | 847 | 1325806 | LA | Ouachita | |||||||||||
LA-DRS0413-000 |
MARIE ARRANT JOHNSON YEAGER | JM EXPLORATION CO, LLC | 10/15/2001 | 164 | 1326747 | LA | Ouachita | |||||||||||
LA-DRS0414-000 |
VIRGINIA EARLINE WILLIS ALLEN | JM EXPLORATION CO, LLC | 11/13/2001 | 1 | 1329042 | LA | Ouachita | |||||||||||
LA-DRS0415-000 |
CCT INVESTMENTS INC | JM EXPLORATION CO, LLC | 10/20/2001 | 297 | 1328321 | LA | Ouachita | |||||||||||
LA-DRS0416-001 |
KATHLEEN ANN WROTON ET AL | JM EXPLORATION CO, LLC | 11/13/2001 | 42 | 1329052 | LA | Ouachita | |||||||||||
LA-DRS0416-002 | MAX WROTEN JR | JM EXPLORATION CO, LLC | 11/16/2001 | 46 | 1329053 | LA | Ouachita | |||||||||||
LA-DRS0417-000 |
HELEN KOLOKOURIS | JM EXPLORATION CO, LLC | 10/15/2001 | 301 | 1328322 | LA | Ouachita | |||||||||||
LA-DRS0418-000 |
BILLY JOE D REEVES | JM EXPLORATION CO, LLC | 10/15/2001 | 305 | 1328323 | LA | Ouachita | |||||||||||
LA-DRS0419-000 |
DONALD RAY REEVES ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 309 | 1328324 | LA | Ouachita | |||||||||||
LA-DRS0420-000 |
JAMES RICAHRD MOORE ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 57 | 1333007 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0421-000 |
JOSEPH BRADLEY EMERY JR ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 49 | 1333005 | LA | Ouachita | |||||||||||
LA-DRS0422-000 |
LETHA ANN DUCHESNE SMITH | JM EXPLORATION CO, LLC | 10/8/2001 | 798 | 1325794 | LA | Ouachita | |||||||||||
LA-DRS0423-000 |
NELLIE IRENE ADAMS SPIKES | JM EXPLORATION CO, LLC | 10/10/2001 | 807 | 1325796 | LA | Ouachita | |||||||||||
LA-DRS0424-000 |
MARIE CALHOUN PILGRAM | JM EXPLORATION CO, LLC | 10/10/2001 | 777 | 1325789 | LA | Ouachita | |||||||||||
LA-DRS0425-000 |
SHELBY JEAN RUSSELL | JM EXPLORATION CO, LLC | 10/2/2001 | 790 | 1325792 | LA | Ouachita | |||||||||||
LA-DRS0426-000 |
GLEN RAY THOMAS ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 815 | 1325798 | LA | Ouachita | |||||||||||
LA-DRS0427-000 |
MICHAEL EUGENE CAMPBELL ET UX | JM EXPLORATION CO, LLC | 10/10/2001 | 36 | 1333002 | LA | Ouachita | |||||||||||
LA-DRS0428-000 |
OUACHITA LOCAL #654 | JM EXPLORATION CO, LLC | 10/15/2001 | 902 | 1332989 | LA | Ouachita | |||||||||||
LA-DRS0429-000 |
JOHN D HUDLESTON | JM EXPLORATION CO, LLC | 10/15/2001 | 15 | 1332997 | LA | Ouachita | |||||||||||
LA-DRS0430-000 |
FRANKS RICKS SR | JM EXPLORATION CO, LLC | 10/20/2001 | 11 | 1332996 | LA | Ouachita | |||||||||||
LA-DRS0431-000 | BERT ANDING SR | JM EXPLORATION CO, LLC | 12/11/2001 | 7 | 1332995 | LA | Ouachita | |||||||||||
LA-DRS0432-000 |
RANDY L H HEMPHILL | JM EXPLORATION CO, LLC | 10/15/2001 | 66 | 1333009 | LA | Ouachita | |||||||||||
LA-DRS0433-000 |
KELLER CRAFT LEWIS SR ET UX | JM EXPLORATION CO, LLC | 10/20/2001 | 88 | 1333014 | LA | Ouachita | |||||||||||
LA-DRS0434-000 |
SHIRLEY JEAN MAYES WILLIAMS ET AL | JM EXPLORATION CO, LLC | 10/29/2001 | 70 | 1333010 | LA | Ouachita | |||||||||||
LA-DRS0435-000 |
WALLACE FROST | JM EXPLORATION CO, LLC | 12/5/2001 | 799 | 1335480 | LA | Ouachita | |||||||||||
235 | 1326764 | |||||||||||||||||
LA-DRS0436-000 |
JACK RODNEY FORD ET AL | JM EXPLORATION CO, LLC | 9/22/2001 | 235 | 1326764 | LA | Ouachita | |||||||||||
243 | 1326765 | |||||||||||||||||
243 | 1326765 | |||||||||||||||||
243 | 1326765 | |||||||||||||||||
LA-DRS0437-000 |
I & F ENTERPRISES LLC ET AL | JM EXPLORATION CO, LLC | 9/22/2001 | 243 | 1326765 | LA | Ouachita | |||||||||||
251 | 1326766 | |||||||||||||||||
251 | 1326766 | |||||||||||||||||
LA-DRS0438-000 |
DOROTHY ELIZABETH WRIGHT GEORGE ET AL | JM EXPLORATION CO, LLC | 9/22/2001 | 251 | 1326766 | LA | Ouachita | |||||||||||
260 | 1326767 | |||||||||||||||||
260 | 1326767 | |||||||||||||||||
260 | 1326767 | |||||||||||||||||
260 | 1326767 | |||||||||||||||||
260 | 1326767 | |||||||||||||||||
LA-DRS0439-000 |
DONNIS MARY H CHAVERS ET AL | JM EXPLORATION CO, LLC | 9/22/2001 | 260 | 1326767 | LA | Ouachita | |||||||||||
LA-DRS0440-000 |
KENNETH DELANE ALBRITTON ET AL | JM EXPLORATION CO, LLC | 9/22/2001 | 270 | 1326768 | LA | Ouachita | |||||||||||
LA-DRS0441-000 |
DAVID ASHCRAFT ET UX | FIRESIDE OIL & GAS, INC. | 10/24/2001 | 423 | 1326275 | LA | Ouachita | |||||||||||
LA-DRS0442-000 |
WEST HEIGHTS BAPTIST CHURCH INC | FIRESIDE OIL & GAS, INC | 10/23/2001 | 253 | 1328305 | LA | Ouachita | |||||||||||
LA-DRS0443-000 |
ROBERT C PILGREEN | FIRESIDE OIL & GAS, INC | 10/30/2001 | 258 | 1328306 | LA | Ouachita | |||||||||||
LA-DRS0444-000 |
DAVID ELLIS DELRIO | FIRESIDE OIL & GAS, INC | 10/23/2001 | 260 | 1328307 | LA | Ouachita | |||||||||||
LA-DRS0445-000 |
WYE ELECTRIC INC ET AL | JM EXPLORATION CO, LLC | 9/22/2001 | 1 | 1326731 | LA | Ouachita | |||||||||||
LA-DRS0446-000 |
BILLY FAY BRISTER ET UX | KCS MEDALLION RESOURCES INC | 9/24/1997 | 1727 | 1223233 | LA | Ouachita | |||||||||||
LA-DRS0447-000 |
DENNY D LAWRENCE ET UX | KCS MEDALLION RESOURCES INC | 9/26/1997 | 1727 | 1223234 | LA | Ouachita | |||||||||||
GOODRICH PETROLEUM COMPANY OF | ||||||||||||||||||
LA-DRS0448-000 |
GREATER OUACHITA WATER COMPANY | LOUISIANA | 12/21/1998 | 1784 | 1275782 | LA | Ouachita | |||||||||||
GOODRICH PETROLEUM COMPANY OF | ||||||||||||||||||
LA-DRS0449-000 |
TOBIAS N DANNA ET UX | LOUISIANA | 2/9/2000 | 1786 | 289 | 1277739 | LA | Ouachita | ||||||||||
GOODRICH PETROLEUM COMPANY OF | ||||||||||||||||||
LA-DRS0450-000 |
JOSEPH E DUPUY ET UX | LOUISIANA | 10/29/1998 | 1747 | 684 | 1242403 | LA | Ouachita | ||||||||||
GOODRICH PETROLEUM COMPANY OF | ||||||||||||||||||
LA-DRS0451-000 |
VERNON L MARTIN ET UX | LOUISIANA | 12/8/1998 | 1750 | 395 | 1244748 | LA | Ouachita | ||||||||||
GOODRICH PETROLEUM COMPANY OF |
||||||||||||||||||
LA-DRS0452-000 |
VINCENT F DANNA ET UX | LOUISIANA | 2/8/2000 | 1786 | 271 | 1277734 | LA | Ouachita | ||||||||||
GOODRICH PETROLEUM COMPANY OF | ||||||||||||||||||
LA-DRS0453-000 |
MILTON SMITH | LOUISIANA | 12/9/1998 | 1750 | 399 | 1244749 | LA | Ouachita |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
LA-DRS0454-000 |
JEANETTE WALL LEWIS AKA DAISY WALL LEWIS ET VIR | KCS RESOURCES INC | 2/19/2005 | 1989 | 142 | 1433616 | LA | Ouachita | ||||||||||
LA-DRS0455-000 |
MAXINE ELMORE ET AL | WILDHORSE RESOURCES, LLC. | 6/1/2011 | 2266 | 769 | 1591483 | LA | Ouachita | ||||||||||
ANGELLE & DONOHUE OIL & GAS | ||||||||||||||||||
LA-WIL0001-001 |
WARREN D RATCLIFF | PROPERTIES, INC | 8/2/1995 | 61 | 887 | 157088 | LA | Tensas | ||||||||||
LA-WIL0002-001 |
RUSSELL Y RATCLIFF JR ET AL | KCS RESOURCES, INC | 3/14/1996 | 62 | 64 | 158241 | LA | Tensas | ||||||||||
ANGELLE & DONOHUE OIL & GAS | ||||||||||||||||||
LA-WIL0002-002 |
WARREN D RATCLIFF | PROPERTIES, INC | 8/2/1995 | 61 | 882 | 157087 | LA | Tensas | ||||||||||
LA-WIL0003-000 |
PATRICIA CURRY BAGWELL ET VIR | KCS RESOURCES, INC | 2/8/1996 | 62 | 41 | 158176 | LA | Tensas | ||||||||||
ANGELLE & DONOHUE OIL & GAS | ||||||||||||||||||
LA-WIL0004-001 |
FRED W JAMES | PROPERTIES, INC | 2/17/1995 | 61 | 332 | 156066 | LA | Tensas | ||||||||||
ANGELLE & DONOHUE OIL & GAS | ||||||||||||||||||
LA-WIL0004-002 |
KATHERYN BERWICK | PROPERTIES, INC | 2/16/1995 | 61 | 327 | 156065 | LA | Tensas | ||||||||||
LA-UNV0001-000 |
WILLIAM O ROBERTS ET AL | TRITON OIL & GAS CORPORATION | 6/21/1979 | 374 | 501 | LA | Union | |||||||||||
LA-CTV0001-001 |
RUFUS B STINSON ET UX | HOOD PETROLEUM INC | 10/11/2004 | 995 | 244 | 479175 | LA | Webster | ||||||||||
MARY ALICE PRINCE HARMON INDIV & TRUSTEE | ||||||||||||||||||
LA-CTV0001-002 |
RALPH L HARMON TESTAMENTARY TRUST | HOOD PETROLEUM INC | 10/11/2004 | 995 | 234 | 479173 | LA | Webster | ||||||||||
LA-CTV0002-000 |
ROBERT F HARPER ET UX | HOOD PETROLEUM INC | 10/11/2004 | 994 | 537 | 478918 | LA | Webster | ||||||||||
LA-CTV0003-000 |
ALMA LYNN DAVIS HICKS | HOOD PETROLEUM INC | 10/12/2004 | 994 | 528 | 478916 | LA | Webster | ||||||||||
LA-CTV0004-000 |
TEDDIE LEE HANSON ET UX | SOUTHWIND ENERGY COMPANY | 5/5/2005 | 996 | 570 | 479695 | LA | Webster | ||||||||||
LA-CTV0005-001 |
ILA CUMMINGS WOODARD | HOOD PETROLEUM, INC. | 10/11/2004 | 994 | 640 | 478942 | LA | Webster | ||||||||||
LA-CTV0006-001 |
ROBERT PYLES ET UX | SOUTHWIND ENERGY COMPANY | 12/20/2004 | 996 | 129 | 479496 | LA | Webster | ||||||||||
LA-CTV0006-002 |
GEORGE W SHAW SR ET UX | SOUTHWIND ENERGY COMPANY | 12/20/2004 | 996 | 133 | 479497 | LA | Webster | ||||||||||
LA-CTV0007-001 |
MARY FRANCIS COLE TIDWELL RAWLS ET VIR | HOOD PETROLEUM, INC. | 2/8/2005 | 994 | 550 | 478921 | LA | Webster | ||||||||||
LA-CTV0007-002 |
EDWARD DEAN COLE ET UX | HOOD PETROLEUM, INC. | 2/8/2005 | 994 | 554 | 478922 | LA | Webster | ||||||||||
LA-CTV0007-003 |
ELTON FRANK COLE ET AL | HOOD PETROLEUM, INC. | 2/8/2005 | 994 | 542 | 478919 | LA | Webster | ||||||||||
LA-CTV0007-004 |
JAMES LEE COLE ET UX | HOOD PETROLEUM, INC. | 2/8/2005 | 994 | 583 | 478929 | LA | Webster | ||||||||||
LA-CTV0007-005 | DONNIE RAY COLE | CLAYTON WILLIAMS ENERGY, INC. |
2/10/2008 | 1062 | 262 | 503566 | LA | Webster | ||||||||||
LA-CTV0007-006 |
RONALD DUANE COLE | CLAYTON WILLIAMS ENERGY, INC. | 3/3/2008 | 1062 | 271 | 503572 | LA | Webster | ||||||||||
LA-CTV0008-000 |
GERTRUDE N HODGES | SOUTHWIND ENERGY COMPANY | 2/7/2005 | 996 | 146 | 479500 | LA | Webster | ||||||||||
LA-CTV0009-000 |
MARY JOAN BRUMLEY HART MILES S/P | SOUTHWIND ENERGY COMPANY | 11/11/2004 | 996 | 150 | 479501 | LA | Webster | ||||||||||
LA-CTV0010-000 |
CHARLES LEROY COLE ET UX | HOOD PETROLEUM, INC. | 1/21/2005 | 994 | 595 | 478932 | LA | Webster | ||||||||||
LA-CTV0011-001 |
RAYFORD L COLE ET AL | HOOD PETROLEUM, INC. | 1/21/2005 | 994 | 612 | 478936 | LA | Webster | ||||||||||
LA-CTV0011-002 |
MARY COLE | HOOD PETROLEUM, INC. | 1/21/2005 | 994 | 496 | 478909 | LA | Webster | ||||||||||
LA-CTV0013-000 |
ALBERT W COLE ET AL | SOUTHWIND ENERGY COMPANY | 1/26/2005 | 996 | 137 | 479498 | LA | Webster | ||||||||||
994 | 511 | 478912 | ||||||||||||||||
LA-CTV0014-001 |
ROBERT DALE COLE ET UX | HOOD PETROLEUM, INC. | 1/25/2005 | 994 | 511 | 478912 | LA | Webster | ||||||||||
LA-CTV0014-002 |
DEBORAH COLE BOOKER | HOOD PETROLEUM, INC. | 1/25/2005 | 994 | 506 | 478911 | LA | Webster | ||||||||||
LA-CTV0014-003 |
BETTY COLE EVANS | HOOD PETROLEUM, INC. | 1/25/2005 | 994 | 516 | 478913 | LA | Webster | ||||||||||
LA-CTV0016-000 |
SONJA TERESA HART VILLARREAL | SOUTHWIND ENERGY COMPANY | 1/17/2005 | 996 | 142 | 479499 | LA | Webster | ||||||||||
1009 | 333 | 484488 | ||||||||||||||||
1060 | 600 | 503044 | ||||||||||||||||
1074 | 186 | 507535 | ||||||||||||||||
1100 | 435 | 517272 | ||||||||||||||||
1009 | 333 | 484488 | ||||||||||||||||
1060 | 600 | 503044 | ||||||||||||||||
1074 | 186 | 507535 | ||||||||||||||||
LA-CTV0017-003 | RANDALL G HERBERT | SOUTHWIND ENERGY COMPANY | 8/1/2005 | 1100 | 435 | 517272 | LA | Webster |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
1009 | 303 | 484483 | ||||||||||||||||
1060 | 610 | 503049 | ||||||||||||||||
1074 | 164 | 507528 | ||||||||||||||||
1085 | 750 | 511755 | ||||||||||||||||
1100 | 441 | 517274 | ||||||||||||||||
1102 | 199 | 517952 | ||||||||||||||||
1100 | 447 | 517276 | ||||||||||||||||
1102 | 210 | 517960 | ||||||||||||||||
1009 | 303 | 484483 | ||||||||||||||||
JEFFERY C HERBERT INDIV AND AGENT & A-I-F FOR | 1060 | 610 | 503049 | |||||||||||||||
FRANK JOHN HERBERT, VALERIE DEE HERBERT, SARAH | 1074 | 164 | 507528 | |||||||||||||||
ELIZABETH HERBERT | 1085 | 750 | 511755 | |||||||||||||||
AGENT AND A-I-F FOR FRANK JOHN HERBERT | 1100 | 441 | 517274 | |||||||||||||||
VALERIE DEE HERBERT | 1102 | 199 | 517952 | |||||||||||||||
SARAH ELIZABETH HERBERT AND AS | 1100 | 447 | 517276 | |||||||||||||||
LA-CTV0017-004 |
TRUSTEE OF THE JACOB JOSEPH BAKER TRUST | SOUTHWIND ENERGY COMPANY | 8/1/2005 | 1102 | 210 | 517960 | LA | Webster | ||||||||||
LA-CTV0020-000 |
JAMES L HOLTZCLAW ET UX | HOOD PETROLEUM, INC. | 2/15/2006 | 1012 | 638 | 485366 | LA | Webster | ||||||||||
LA-CTV0021-001 |
CHARLES THOMAS HAMMETT ET UX | HOOD PETROLEUM, INC. | 6/16/2006 | 1020 | 239 | 488401 | LA | Webster | ||||||||||
DALE MORTON AKA LAWRENCE DALE HOOVER | ||||||||||||||||||
LA-CTV0022-000 |
MORTON | HOOD PETROLEUM, INC. | 6/20/2006 | 1020 | 252 | 488404 | LA | Webster | ||||||||||
LA-CTV0023-000 |
DENNIS FLOWERS | HOOD PETROLEUM, INC. | 6/22/2006 | 1021 | 182 | 488751 | LA | Webster | ||||||||||
LA-CTV0024-000 |
EMALENE TODD ROBINS | HOOD PETROLEUM, INC. | 7/17/2006 | 1025 | 616 | 490301 | LA | Webster | ||||||||||
CORNERSTONE BAPTIST CHURCH OF COTTON VALLEY | ||||||||||||||||||
LOUISIANA | ||||||||||||||||||
A NON-PROFIT RELIGIOUS CORPORATION, | ||||||||||||||||||
REPRESENTED HEREIN BY ITS DULY AUTHORIZED | ||||||||||||||||||
LA-CTV0025-000 |
DIRECTOR, REV. FRANK A DELOACH | HOOD PETROLEUM, INC. | 8/21/2006 | 1025 | 586 | 490295 | LA | Webster | ||||||||||
LA-CTV0026-001 |
GEORGE W SHAW SR ET UX | CLAYTON WILLIAMS ENERGY, INC. | 11/15/2007 | 1057 | 791 | 501885 | LA | Webster | ||||||||||
LA-CTV0026-002 |
ROBERT PYLES ET UX | CLAYTON WILLIAMS ENERGY, INC. | 11/15/2007 | 1057 | 799 | 501887 | LA | Webster | ||||||||||
LA-CTV0027-000 |
SHERMAN W SINCLAIR JR ET UX | CLAYTON WILLIAMS ENERGY, INC. | 1/4/2008 | 1057 | 795 | 501886 | LA | Webster | ||||||||||
LA-CTV0031-MIN |
DORIS COX BLANCHE | CLAYTON WILLIAMS ENERGY, INC. | 8/3/2008 | 1071 | 383 | 506538 | LA | Webster | ||||||||||
LA-CTV0033-000 |
CLAYTON M PARRISH | HOOD PETROLEUM INC | 2/7/2005 | 994 | 600 | 478933 | LA | Webster | ||||||||||
LA-CTV0039-001 |
FRANCES WALKER STEPHENS | CLAYTON WILLIAMS ENERGY INC | 12/28/2005 | 1013 | 551 | 485726 | LA | Webster | ||||||||||
LA-CTV0039-002 |
EDNA MAE WALKER POWELL | CLAYTON WILLIAMS ENERGY INC | 12/28/2005 | 1013 | 505 | 485714 | LA | Webster | ||||||||||
LA-CTV0039-003 |
DONALD E WALKER | CLAYTON WILLIAMS ENERGY INC | 12/14/2005 | 1013 | 502 | 485713 | LA | Webster | ||||||||||
LA-CTV0039-004 |
BURNIS L WALKER | CLAYTON WILLIAMS ENERGY INC | 12/14/2005 | 1013 | 499 | 485712 | LA | Webster | ||||||||||
LA-CTV0039-005 |
BELVE FRANKLIN WALKER | CLAYTON WILLIAMS ENERGY INC | 12/14/2005 | 1013 | 496 | 485711 | LA | Webster | ||||||||||
LA-CTV0039-006 |
BERNICE WALKER ANDREWS | CLAYTON WILLIAMS ENERGY INC | 12/14/2005 | 1013 | 493 | 485710 | LA | Webster | ||||||||||
LA-CTV0039-007 |
CHARLES R MCBRIDE III | CLAYTON WILLIAMS ENERGY INC | 12/14/2005 | 1013 | 487 | 485708 | LA | Webster | ||||||||||
LA-CTV0039-008 |
CLYDE W MCBRIDE | CLAYTON WILLIAMS ENERGY INC | 12/14/2005 | 1013 | 490 | 485709 | LA | Webster | ||||||||||
LA-CTV0040-000 |
CHARLES S EADY | CLAYTON WILLIAMS ENERGY INC | 1/18/2006 | 1013 | 476 | 485705 | LA | Webster | ||||||||||
LA-CTV0041-000 |
MICHAEL SANFORD LAND ET UX | CLAYTON WILLIAMS ENERGY INC | 1/18/2006 | 1013 | 473 | 485704 | LA | Webster | ||||||||||
LA-CTV0042-000 |
DORIS ROBERTS SIMMONS | CLAYTON WILLIAMS ENERGY INC | 1/19/2006 | 1013 | 467 | 485702 | LA | Webster | ||||||||||
LA-CTV0043-000 |
JIMMIE MARGENE WINNINGHAM LIVELY | CLAYTON WILLIAMS ENERGY INC | 5/15/2006 | 1018 | 811 | 487865 | LA | Webster | ||||||||||
LA-CTV0044-000 |
CHARLES STEVENS EADY | CLAYTON WILLIAMS ENERGY INC | 5/17/2006 | 1020 | 75 | 488331 | LA | Webster | ||||||||||
LA-CTV0045-000 |
BOYCE E SKAGGS JR ET AL | CLAYTON WILLIAMS ENERGY INC | 10/9/2006 | 1027 | 600 | 490908 | LA | Webster | ||||||||||
LA-CTV0046-001 |
EDITH TOLER YAO | CLAYTON WILLIAMS ENERGY INC | 3/22/2007 | 1039 | 175 | 495083 | LA | Webster | ||||||||||
LA-CTV0047-000 |
CHAD LEE HOLLOWAY ET UX | CLAYTON WILLIAMS ENERGY INC | 7/1/2007 | 1046 | 705 | 497759 | LA | Webster | ||||||||||
LA-CTV0048-001 |
RACHEL LEE FOLSOM HOLLOWAY | CLAYTON WILLIAMS ENERGY INC | 7/1/2007 | 1046 | 697 | 497757 | LA | Webster | ||||||||||
1046 | 701 | 497758 | ||||||||||||||||
LA-CTV0048-002 |
RICHARD LEE HOLLOWAY ET UX | CLAYTON WILLIAMS ENERGY INC | 7/1/2007 | 1046 | 701 | 497758 | LA | Webster |
Lease No. | Lessor | Lessee | Lease date | Book | Page | Reference | ST | County | ||||||||||
1049 | 703 | 498931 | ||||||||||||||||
LA-CTV0048-003 |
STEPHEN HENRY HOLLOWAY ET UX | CLAYTON WILLIAMS ENERGY INC | 7/1/2007 | 1049 | 703 | 498931 | LA | Webster | ||||||||||
LA-CTV0049-001 |
PATRICIA ELAINE HINTON | CLAYTON WILLIAMS ENERGY INC | 11/21/2005 | 1013 | 523 | 485719 | LA | Webster | ||||||||||
LA-CTV0049-002 |
EMILIE SUSAN WATSON | CLAYTON WILLIAMS ENERGY INC | 11/21/2005 | 1013 | 519 | 485718 | LA | Webster | ||||||||||
LA-CTV0050-001 |
JAMES CLYDE SPURLIN | CLAYTON WILLIAMS ENERGY INC | 11/22/2005 | 1013 | 483 | 485707 | LA | Webster | ||||||||||
LA-CTV0050-002 |
MARY LOUISE HINES HOLLAND ET AL | CLAYTON WILLIAMS ENERGY INC | 11/22/2005 | 1013 | 479 | 485706 | LA | Webster | ||||||||||
LA-CTV0051-001 |
HENRY G HOBBS ET UX | CLARK ENERGY COMPANY INC | 10/12/2004 | 989 | 793 | 477399 | LA | Webster | ||||||||||
MOLLIE HELEN HOLLOWAY SEWELL ESTATE | 998 | 41 | 480215 | |||||||||||||||
LA-CTV0051-002 |
THEODORE HOLLOWAY ADMINSTRATOR | CLARK ENERGY COMPANY INC | 7/19/2005 | 998 | 41 | 480215 | LA | Webster | ||||||||||
LA-CTV0051-003 |
WILLIAM T BOWEN | CLAYTON WILLIAMS ENERGY INC | 2/1/2006 | 1013 | 470 | 485703 | LA | Webster | ||||||||||
LA-CTV0051-004 |
REBECCA RAE PERRYMAN MARTIN ET AL | CLAYTON WILLIAMS ENERGY INC | 2/6/2006 | 1013 | 554 | 485727 | LA | Webster | ||||||||||
LA-CTV0051-005 |
JUDY DEAN MARTIN RICE | CLAYTON WILLIAMS ENERGY INC | 2/6/2006 | 1013 | 557 | 485728 | LA | Webster | ||||||||||
LA-CTV0051-006 |
BRUCE EDWIN MARTIN | CLAYTON WILLIAMS ENERGY INC | 2/6/2006 | 1013 | 560 | 485729 | LA | Webster | ||||||||||
LA-CTV0051-007 |
GLASS PROPERTIES LLC | CLAYTON WILLIAMS ENERGY INC | 3/1/2006 | 1018 | 822 | 487869 | LA | Webster | ||||||||||
LA-CTV0052-001 |
HARRY LUTHER BROWN ET AL | CLAYTON WILLIAMS ENERGY INC | 12/5/2005 | 1013 | 515 | 485717 | LA | Webster | ||||||||||
LA-CTV0052-002 |
RUTH BARNELL BROWN EDWARDS | CLAYTON WILLIAMS ENERGY INC | 12/5/2005 | 1013 | 511 | 485716 | LA | Webster | ||||||||||
LA-CTV0053-001 |
DURWARD KENNETH STUTTS | CLAYTON WILLIAMS ENERGY INC | 12/1/2005 | 1013 | 508 | 485715 | LA | Webster | ||||||||||
LA-CTV0053-002 |
CECIL E RAMEY JR ET UX | CLAYTON WILLIAMS ENERGY INC | 12/1/2005 | 1013 | 464 | 485701 | LA | Webster | ||||||||||
MARY JUNE MCCLURE COYLE | ||||||||||||||||||
LA-CTV0053-003 |
DELTON BERNARD COYLE JR AGENT & A/I/F | CLAYTON WILLIAMS ENERGY INC | 4/23/2007 | 1040 | 242 | 495504 | LA | Webster | ||||||||||
LA-CTV0054-001 |
DOROTHY ELAINE VANCE ET AL | CLAYTON WILLIAMS ENERGY INC | 11/21/2005 | 1013 | 543 | 485724 | LA | Webster | ||||||||||
LA-CTV0054-002 |
GARY EDWARD ROLLER | CLAYTON WILLIAMS ENERGY INC | 11/21/2005 | 1013 | 535 | 485722 | LA | Webster | ||||||||||
LA-CTV0055-001 |
DOROTHY ELAINE VANCE ET AL | CLAYTON WILLIAMS ENERGY INC | 11/21/2005 | 1013 | 547 | 485725 | LA | Webster | ||||||||||
LA-CTV0055-002 |
GARY EDWARD ROLLER | CLAYTON WILLIAMS ENERGY INC | 11/21/2005 | 1013 | 539 | 485723 | LA | Webster | ||||||||||
LA-CTV0056-001 |
PATRICIA ELAINE HINTON | CLAYTON WILLIAMS ENERGY INC | 11/21/2005 | 1013 | 531 | 485721 | LA | Webster | ||||||||||
LA-CTV0056-002 |
EMILIE SUSAN WATSON | CLAYTON WILLIAMS ENERGY INC | 11/21/2005 | 1013 | 527 | 485720 | LA | Webster | ||||||||||
LA-CTV0057-000 |
RICHARD A BARRON | CLAYTON WILLIAMS ENERGY INC | 8/8/2006 | 1023 | 777 | 489720 | LA | Webster | ||||||||||
LA-CTV0058-000 |
MURPHY BLUME HORTON | CLARK ENERGY COMPANY INC | 11/17/2004 | 984 | 371 | 475074 | LA | Webster | ||||||||||
960 | 364 | 465596 | ||||||||||||||||
LA-DKE0001-001 |
BETTY LENNARD PATTERSON | KCS RESOURCES INC | 9/9/2003 | 960 | 364 | 465596 | LA | Webster | ||||||||||
961 | 315 | 466064 | ||||||||||||||||
LA-DKE0001-002 |
LORENE RUTH LENNARD WARWICK ET AL | KCS RESOURCES INC | 9/9/2003 | 961 | 315 | 466064 | LA | Webster | ||||||||||
961 | 345 | 466070 | ||||||||||||||||
LA-DKE0001-003 |
JENNIFER ROBIN LENNARD JONES | KCS RESOURCES INC | 9/9/2003 | 961 | 345 | 466070 | LA | Webster | ||||||||||
961 | 320 | 466065 | ||||||||||||||||
961 | 320 | 466065 | ||||||||||||||||
LA-DKE0001-004 |
RONALD RALPH LENNARD ET UX | KCS RESOURCES INC | 9/9/2003 | 961 | 320 | 466065 | LA | Webster | ||||||||||
961 | 330 | 466067 | ||||||||||||||||
LA-DKE0001-005 |
MAURICE LENNARD BAIRD | KCS RESOURCES INC | 9/9/2003 | 961 | 330 | 466067 | LA | Webster | ||||||||||
LA-DKE0001-006 |
BRENDA KATHRYN LENNARD SLEDGE ET AL | KCS RESOURCES INC | 9/9/2003 | 961961 | 325325 | 466066466066 | LA | Webster | ||||||||||
LA-DKE0001-007 |
RICHARD MARK LENNARD ET UX | KCS RESOURCES INC | 9/9/2003 | 961961 | 339339 | 466069466069 | LA | Webster | ||||||||||
LA-DKE0002-000 |
TOM SALE CROCKER ET AL | KCS RESOURCES INC | 10/21/2003 | 964 | 299 | 467256 | LA | Webster | ||||||||||
CLEONE HAYNES HODGES LIVING TRUST | ||||||||||||||||||
LA-DKE0003-000 |
CLEONE HAYNES HODGES INDIVIDUALLY AND TRUSTEE KCS RESOURCES INC | 7/23/2003 | 957957 | 570570 | 464547464547 | LA | Webster | |||||||||||
LA-RL30234-000 |
LA ES-55070 USA | WINCHESTER PRODUCTION COMPANY | 11/8/2007 | LA | Webster |
Exhibit F
Company Contract # |
Counterparty |
Counterparty |
Company |
Counterparty |
Company |
Effective Date |
Term | Term | Notice | Type |
Fields | |||||||||||||||
Intrastate Gas Transportation | ||||||||||||||||||||||||||
NLA0100GTH |
PEL1569TSA | Pelico Pipeline LLC | WildHorse Resources LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 7/1/2010 | 6/30/2011 | MTM | 30 | Agreement | ||||||||||||||||
Winchester Production | Gas Gathering, Processing & | |||||||||||||||||||||||||
NLA0101GTH |
MIN1349PRO | DCP Assets Holding LP | Company | DCP Assets Holding LP | WildHorse Resources LLC | 5/1/2007 | 10/31/2007 | MTM | 30 | Purchase Agreement | Redland | |||||||||||||||
Gas Gathering, Processing & | ||||||||||||||||||||||||||
NLA0101GTHA1 |
MIN1349PROA | DCP Assets Holding LP | WildHorse Resources LLC | DCP Assets Holding LP | WildHorse Resources LLC | 7/1/2010 | MTM | 30 | Purchase Agreement | Redland | ||||||||||||||||
Gas Gathering, Processing & | ||||||||||||||||||||||||||
NLA0101GTHA2 |
MIN1349PROA | DCP Assets Holding LP | WildHorse Resources LLC | DCP Assets Holding LP | WildHorse Resources LLC | 4/1/2011 | 4/30/2012 | MTM | 30 | Purchase Agreement | Redland | |||||||||||||||
Gulf South Pipeline Company | Pipeline Interconnect | |||||||||||||||||||||||||
NLA0104OTH |
LP | Strand Energy LC | Gulf South Pipeline Company LP | WildHorse Resources LLC | 3/8/2005 | Agreement | Lucky | |||||||||||||||||||
Compression, Dehydration and | ||||||||||||||||||||||||||
NLA0105GTH |
Hunt Petroleum Corporation | Stratland Exploration Company | Hunt Petroleum Corporation | WildHorse Resources LLC | 8/1/2005 | MTM | 30 | Gas Gathering Agreement | Lucky | |||||||||||||||||
Winchester Production | Agreement For Rental of Excess | |||||||||||||||||||||||||
NLA0106GTH |
Apache Corporation | Company | JAG Operating LLC | WildHorse Resources LLC | 5/22/2007 | MTM | 30 | Line Capacity | Redland | |||||||||||||||||
Agreement For Rental of Excess | ||||||||||||||||||||||||||
NLA0106GTHA1 |
JAG Operating LLC | WildHorse Resources LLC | JAG Operating LLC | WildHorse Resources LLC | 6/1/2010 | MTM | 30 | Line Capacity | Carterville North | |||||||||||||||||
Agreement For Rental of Excess | ||||||||||||||||||||||||||
NLA0106GTHA2 |
JAG Operating LLC | WildHorse Resources LLC | JAG Operating LLC | WildHorse Resources LLC | 5/18/2011 | MTM | 30 | Line Capacity | Redland | |||||||||||||||||
Samson Contour Energy E&P | ||||||||||||||||||||||||||
NLA0107SLE |
LLC | WildHorse Resources LLC | Samson Contour Energy E&P LLC | WildHorse Resources LLC | 3/30/2010 | 3/30/2011 | MTM | 30 | Gas Purchase Agreement | Rocky Mount | ||||||||||||||||
NLA0116GTH |
3008 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 5/1/2011 | 4/30/2014 | 90 | Gas Gathering Agreement | Lisbon, Ruston | ||||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0116GTHA1 |
3008 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 7/21/2011 | 90 | Amendment | Lisbon, Ruston | |||||||||||||||||
Cornerstone Gas Processing, | InterCoast Gas Services | Gas Gathering, Processing and | ||||||||||||||||||||||||
NLA0148GTH |
3162 | Inc. | Company | Regency Field Services LLC | WildHorse Resources LLC | 2/1/1995 | 1/1/2000 | YTY | 30 | Purchase Agreement | Ruston Field, Gibson 32-1 well | |||||||||||||||
Gas Gathering, Processing and | ||||||||||||||||||||||||||
Purchase Agreement | ||||||||||||||||||||||||||
NLA0148GTHA1 |
3162 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 6/14/2011 | Amendment | Ruston Field, Gibson 32-1 well | ||||||||||||||||||
Cornerstone Gas Processing, | InterCoast Gas Services | Gas Gathering and Processing | ||||||||||||||||||||||||
NLA0149GTH |
5787 | Inc. | Company | Regency Field Services LLC | WildHorse Resources LLC | 2/1/1995 | 1/31/2000 | YTY | 30 | Agreement Amendment | West Lisbon & Calhoun Fields | |||||||||||||||
Gas Gathering, Processing and | ||||||||||||||||||||||||||
Purchase Agreement | ||||||||||||||||||||||||||
NLA0149GTHA1 |
5787 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 6/14/2011 | Amendment | West Lisbon & Calhoun Fields | ||||||||||||||||||
Gas Gathering, Processing and | ||||||||||||||||||||||||||
Purchase Agreement | ||||||||||||||||||||||||||
NLA0149GTHA2 |
5787 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 8/17/2012 | Amendment | West Lisbon & Calhoun Fields | ||||||||||||||||||
Gas Gathering, Processing and | ||||||||||||||||||||||||||
Purchase Agreement | ||||||||||||||||||||||||||
NLA0149GTHA3 |
5787 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 5/1/2013 | Amendment | West Lisbon & Calhoun Fields | ||||||||||||||||||
Gas Gathering, Processing and | ||||||||||||||||||||||||||
Purchase Agreement | ||||||||||||||||||||||||||
NLA0149GTHA4 |
5787 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 5/1/2013 | Amendment | West Lisbon & Calhoun Fields | ||||||||||||||||||
Gas Gathering, Processing and | ||||||||||||||||||||||||||
Purchase Agreement | ||||||||||||||||||||||||||
NLA0149GTHA5 |
5787 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 7/1/2013 | Amendment | West Lisbon & Calhoun Fields | ||||||||||||||||||
PanEnergy Louisiana | Comstock Oil & Gas - Louisiana, | Terryville / Hico Knowles | ||||||||||||||||||||||||
NLA0157SLE |
PEL1498PUR | Intrastate, LLC | LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 8/1/2005 | 3/31/2006 | MTM | 30 | Gas Purchase Agreement | Comstock Wells | |||||||||||||||
Comstock Oil & Gas - Louisiana, | Gas Purchase Agreement | Terryville / Hico Knowles | ||||||||||||||||||||||||
NLA0157SLEA1 |
PEL1498PUR | Pelico Pipeline LLC | LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 9/1/2007 | MTM | 30 | Amendment | Comstock Wells | ||||||||||||||||
Comstock Oil & Gas - Louisiana, | Gas Purchase Agreement | Terryville / Hico Knowles | ||||||||||||||||||||||||
NLA0157SLEA2 |
PEL1498PUR | Pelico Pipeline LLC | LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 10/1/2007 | MTM | 30 | Amendment | Comstock Wells | ||||||||||||||||
Comstock Oil & Gas - Louisiana, | Gas Purchase Agreement | Terryville / Hico Knowles | ||||||||||||||||||||||||
NLA0157SLEA3 |
PEL1498PUR | Pelico Pipeline LLC | LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 1/1/2008 | MTM | 30 | Amendment | Comstock Wells | ||||||||||||||||
Comstock Oil & Gas - Louisiana, | Gas Purchase Agreement | Terryville / Hico Knowles | ||||||||||||||||||||||||
NLA0157SLEA4 |
PEL1498PUR | Pelico Pipeline LLC | LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 3/1/2008 | MTM | 30 | Amendment | Comstock Wells | ||||||||||||||||
Comstock Oil & Gas - Louisiana, | Gas Purchase Agreement | Terryville / Hico Knowles | ||||||||||||||||||||||||
NLA0157SLEA5 |
PEL1498PUR | Pelico Pipeline LLC | LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 7/1/2008 | MTM | 30 | Amendment | Comstock Wells | ||||||||||||||||
Comstock Oil & Gas - Louisiana, | Gas Purchase Agreement | Terryville / Hico Knowles | ||||||||||||||||||||||||
NLA0157SLEA6 |
PEL1498PUR | Pelico Pipeline LLC | LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 8/1/2008 | MTM | 30 | Amendment | Comstock Wells |
Company Contract # |
Counterparty |
Counterparty |
Company |
Counterparty |
Company |
Effective Date |
Term | Term | Notice | Type |
Fields | |||||||||||||||
NLA0159GTH |
MIN1308PRO | Duke Energy Field Services, LP | Comstock Oil & Gas Inc | DCP Assets Holding LP | WildHorse Resources LLC | 11/1/2004 | 10/31/2005 | YTY | 30 | Gas Gathering Agreement | Hico Knowles Britt A-1 well | |||||||||||||||
Regency Gas Gathering and | Sugar Creek Producing | Gas Gathering and Processing | ||||||||||||||||||||||||
NLA0173PRO |
3806 | Processing LLC | Company | Regency Field Services LLC | WildHorse Resources LLC | 1/7/2005 | 11/30/2009 | YTY | 60 | Agreement | Sugar Creek Field, Lincoln Parish | |||||||||||||||
Regency Gas Gathering and | Sugar Creek Producing | Gas Gathering and Processing | ||||||||||||||||||||||||
NLA0173PROA1 |
3806 | Processing LLC | Company | Regency Field Services LLC | WildHorse Resources LLC | 5/1/2013 | YTY | 60 | Agreement Amendment | Sugar Creek Field, Lincoln Parish | ||||||||||||||||
Regency Gas Gathering and | Sugar Creek Producing | Gas Gathering and Processing | ||||||||||||||||||||||||
NLA0173PROA2 |
3806 | Processing LLC | Company | Regency Field Services LLC | WildHorse Resources LLC | 5/1/2013 | YTY | 60 | Agreement Amendment | Sugar Creek Field, Lincoln Parish | ||||||||||||||||
Regency Gas Gathering and | Sugar Creek Producing | Gas Gathering and Processing | ||||||||||||||||||||||||
NLA0173PROA3 |
3806 | Processing LLC | Company | Regency Field Services LLC | WildHorse Resources LLC | 7/1/2013 | YTY | 60 | Agreement Amendment | Sugar Creek Field, Lincoln Parish | ||||||||||||||||
Regency Gas Gathering and | Sugar Creek Producing | Gas Gathering and Processing | ||||||||||||||||||||||||
NLA0173PROA4 |
3806 | Processing LLC | Company | Regency Field Services LLC | WildHorse Resources LLC | 2/1/2014 | YTY | 60 | Agreement Amendment | Sugar Creek Field, Lincoln Parish | ||||||||||||||||
NLA0175GTH |
3747 | Dominion Gas Ventures | BP America Company | Regency Field Services LLC | WildHorse Resources LLC | 9/30/2004 | 8/31/2009 | YTY | 60 | Gas Gathering Agreement | Spider Field, Desoto Parish | |||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0175GTHA1 |
3747 | Regency Field Services LLC | BP America Company | Regency Field Services LLC | WildHorse Resources LLC | 6/8/2008 | Amendment | Spider Field, Desoto Parish | ||||||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0175GTHA2 |
3747 | Regency Field Services LLC | BP America Company | Regency Field Services LLC | WildHorse Resources LLC | 9/30/2008 | Amendment | Spider Field, Desoto Parish | ||||||||||||||||||
NLA0183GTH |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 11/1/2012 | 12/31/2020 | MTM | 60 | Gas Gathering Agreement | New Contract for Terryville | |||||||||||||||
NLA0183GTHA1 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 12/17/2012 | 12/31/2020 | MTM | 60 | Gas Gathering Agreement | Terryville Field | |||||||||||||||
NLA0183GTHA2 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 1/17/2013 | 12/31/2020 | MTM | 60 | Gas Gathering Agreement | Terryville Field | |||||||||||||||
NLA0183GTHA3 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 2/4/2013 | 12/31/2020 | MTM | 60 | Gas Gathering Agreement | Terryville Field | |||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0183GTHA4 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 4/1/2013 | 12/31/2020 | MTM | 60 | Amendment and Restatement | Terryville Field | |||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0183GTHA5 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 6/1/2013 | 12/31/2020 | MTM | 60 | Amendment | Terryville Field | |||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0183GTHA6 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 7/1/2013 | 12/31/2020 | MTM | 60 | Amendment | Terryville Field | |||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0183GTHA7 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 10/1/2013 | 12/31/2020 | MTM | 60 | Amendment | Terryville Field | |||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0183GTHA8 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 12/1/2013 | 12/31/2020 | MTM | 60 | Amendment | Terryville Field | |||||||||||||||
NLA0188SLE |
PEL1546PUR | DCP Assets Holding LP | Plantation Operating LLC | DCP Assets Holding LP | WildHorse Resources LLC | 6/1/2008 | 5/31/2011 | MTM | 30 | Gas Purchase Agreement | Liberty Hills | |||||||||||||||
NLA0196GTH |
MIN1324PRO | Duke Energy Field Services, LP | KCS Resources, Inc. | Duke Energy Field Services, LP | WildHorse Resources LLC | 10/1/2005 | 9/30/2008 | YTY | 30 | Gas Gathering Agreement | Hodges 33-1 Webster Parish | |||||||||||||||
InterCoast Gas Services | ||||||||||||||||||||||||||
NLA0197SLE |
MIN1099PUR | PanEnergy Field Services Inc | Company | Duke Energy Field Services, LP | WildHorse Resources LLC | 1/1/1996 | 12/31/1999 | MTM | 30 | Gas Purchase Agreement | Cook 31-1 Hico Knowles Field | |||||||||||||||
Gas Gathering Agreement | ||||||||||||||||||||||||||
NLA0183GTHA9 |
3400 | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 2/1/2014 | 12/31/2020 | MTM | 60 | Amendment | Terryville Field | |||||||||||||||
NLA0199GTH |
3213GGA | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 6/1/2012 | 5/31/2013 | YTY | 90 | Gas Gathering Agreement | Gibson 32-1 Ruston Field | |||||||||||||||
NLA0208SLE |
EROC Gathering Company L.P. | Chesapeake Louisiana, L.P. | EROC Gathering Company L.P. | WildHorse Resources LLC | 10/1/2008 | 7/31/2009 | YTY | 60 | Gas Purchase Agreement | Simsboro Questar operated wells | ||||||||||||||||
CenterPoint Energy Services | ||||||||||||||||||||||||||
NLA0209SLE |
700626 | Inc | WildHorse Resources LLC | CenterPoint Energy Services Inc | WildHorse Resources LLC | 5/1/2013 | MTM | 30 | Gas Purchase Agreement | Ruston Mitcham #1 | ||||||||||||||||
Southern Natural Gas | Construction and Operations | Midland Receipt Point, Spider | ||||||||||||||||||||||||
NLA0201OTH |
CIOM3769NEX | Company | ARCO Oil and Gas Company | Regency Field Services LLC | WildHorse Resources LLC | 7/1/1994 | Agreement | Field | ||||||||||||||||||
Colvin 6-1, Campbell 17-1 and | ||||||||||||||||||||||||||
NLA0214GTH |
3018GGP | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 6/1/2013 | 5/31/2014 | YTY | 90 | Gas Gathering Agreement | King 1 | |||||||||||||||
PanEnergy Louisiana | Chesapeake Energy Marketing | Intrastate Gas Transportation | Indigo Wells (see exhibit A for | |||||||||||||||||||||||
NLA0221GTH |
PEL1504TSAB | Intrastate, LLC | Inc. | Pelico Pipeline LLC | WildHorse Resources LLC | 1/1/2006 | MTM | 30 | Agreement | meters) | ||||||||||||||||
Intrastate Gas Transportation | Indigo Wells Add Meters See | |||||||||||||||||||||||||
NLA0221GTHA1 |
PEL1504TSAB | Pelico Pipeline LLC | Indigo Minerals LLC | Pelico Pipeline LLC | Indigo Minerals LLC | 12/1/2010 | 11/30/2017 | MTM | 30 | Agreement | contract for term |
Company Contract # |
Counterparty |
Counterparty |
Company |
Counterparty |
Company |
Effective Date |
Term | Term | Notice | Type |
Fields | |||||||||||||||
Intrastate Gas Transportation | Indigo Wells Add Meters See | |||||||||||||||||||||||||
NLA0221GTHA2 |
PEL1504TSAB | Pelico Pipeline LLC | WildHorse Resources LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 8/1/2013 | 11/30/2017 | MTM | 30 | Agreement | contract for term | |||||||||||||||
Intrastate Gas Transportation | ||||||||||||||||||||||||||
NLA0221GTHA3 |
PEL1504TSAB | Pelico Pipeline LLC Duke Energy Field Services | WildHorse Resources LLC | Pelico Pipeline LLC | WildHorse Resources LLC | 12/1/2013 | 11/30/2017 | MTM | 30 | Agreement | Add Meters | |||||||||||||||
NLA0223SLE |
PEL1366PUR | Marketing, LP | KCS Resources, Inc. | Pelico Pipeline LLC | WildHorse Resources LLC | 8/1/2003 | 7/31/2004 | MTM | 30 | Gas Purchase Agreement | Napper CDP | |||||||||||||||
Gas Gathering Agreement Note | Colvin 6-1, Campbell 17-1 and | |||||||||||||||||||||||||
NLA0214GTH S1 |
3018GGP | Regency Field Services LLC | WildHorse Resources LLC | Regency Field Services LLC | WildHorse Resources LLC | 6/1/2013 | 5/31/2014 | YTY | 90 | to File | King 1 | |||||||||||||||
NLA0225SLE |
PEL1548PUR | DCP Assets Holding LP | Indigo Minerals LLC | DCP Assets Holding LP | WildHorse Resources LLC | 8/1/2008 | 7/31/2013 | MTM | 30 | Gas Purchase Agreement | Indigo Properties | |||||||||||||||
Gas Purchase Agreement | ||||||||||||||||||||||||||
NLA0225SLEA1 |
PEL1548PUR | DCP Assets Holding LP | Indigo Minerals LLC | DCP Assets Holding LP | WildHorse Resources LLC | 9/1/2008 | 7/31/2013 | MTM | 30 | Amendment | Indigo Properties | |||||||||||||||
Gas Purchase Agreement | ||||||||||||||||||||||||||
NLA0225SLEA2 |
PEL1548PUR | DCP Assets Holding LP | Indigo Minerals LLC | DCP Assets Holding LP | WildHorse Resources LLC | 4/1/2009 | 7/31/2013 | MTM | 30 | Amendment | Indigo Properties | |||||||||||||||
Gas Purchase Agreement | ||||||||||||||||||||||||||
NLA0225SLEA3 |
PEL1548PUR | DCP Assets Holding LP | Indigo Minerals LLC | DCP Assets Holding LP | WildHorse Resources LLC | 12/1/2010 | 11/30/2017 | YTY | 90 | Amendment | Indigo Properties | |||||||||||||||
Gas Purchase Agreement | ||||||||||||||||||||||||||
NLA0225SLEA4 |
PEL1548PUR | DCP Assets Holding LP | Indigo Minerals LLC | DCP Assets Holding LP | WildHorse Resources LLC | 12/1/2010 | 11/30/2017 | YTY | 90 | Amendment | Indigo Properties | |||||||||||||||
Gas Gathering & Processing | ||||||||||||||||||||||||||
NLA0226GTH |
MIN1380PRO | DCP Assets Holding LP | Indigo Minerals LLC | DCP Assets Holding LP | WildHorse Resources LLC | 12/1/2010 | 11/30/2017 | YTY | 90 | Agreement | Indigo Properties | |||||||||||||||
Agreement For Rental of Excess | ||||||||||||||||||||||||||
NLA0106GTH S1 |
JAG Operating LLC | WildHorse Resources LLC | JAG Operating LLC | WildHorse Resources LLC | 11/15/2013 | MTM | 30 | Line Capacity | Redland | |||||||||||||||||
NLA0224GTH |
Regency Intrastate Gas LP | El Paso E&P Company, LP | Regency Intrastate Gas LP | WildHorse Resources LLC | 3/29/2009 |
EXHIBIT G
PLANT DESIGN SPECIFICATIONS
Gas received at the Point of Delivery is expected to have the specifications set forth below:
*
* |
- | Confidential Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. |
EXHIBIT G Page -1-
Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
The Board of Directors
Memorial Resource Development Corp.:
We consent to the use of (i) our report dated February 6, 2014, with respect to the balance sheet of Memorial Resource Development Corp. as of January 31, 2014 and (ii) our report dated April 4, 2014, with respect to the consolidated and combined balance sheets of Memorial Resource Development LLC and subsidiaries as of December 31, 2013 and 2012, and the related consolidated and combined statements of operations, equity, and cash flows for each of the years then ended, and Schedule ICondensed Financial Information, included herein and to the reference to our firm under the heading Experts in the registration statement.
As discussed in Note 1 to the consolidated and combined financial statements of Memorial Resource Development LLC and subsidiaries, the balance sheets, and the related statements of operations, equity, and cash flows have been prepared on a combined basis of accounting.
/s/ KPMG LLP
Dallas, TX
May 2, 2014
Exhibit 23.2
CONSENT OF INDEPENDENT PETROLEUM ENGINEERS AND GEOLOGISTS
We hereby consent to (1) the inclusion in or incorporation by reference into the Registration Statement on Form S-1 (including any amendments, supplements or exhibits thereto, any prospectus that is a part thereof, and any financial statements) of Memorial Resource Development Corp. (the Registration Statement) of (a) our report, dated April 3, 2014, with respect to estimates of proved reserves and future net revenues to the Memorial Resource Development LLC interest, as of December 31, 2013; (b) our audit letter, dated April 24, 2014, with respect to estimates of probable and possible reserves and future net revenues to the Memorial Resource Development LLC interest, as of December 31, 2013; and (c) our report, dated January 30, 2014, with respect to estimates of reserves and future net revenues to the combined interest of Memorial Production Partners LP and its subsidiaries, as of December 31, 2013; and (2) all references to our firm or such reports included in or incorporated by reference into the Registration Statement.
NETHERLAND, SEWELL & ASSOCIATES, INC. | ||
By: |
/s/ C.H. (Scott) Rees III | |
C.H. (Scott) Rees III, P.E. | ||
Chairman and Chief Executive Officer |
Dallas, Texas
May 2, 2014
Exhibit 24.2
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints John A. Weinzierl and Kyle N. Roane, and each of them, his true and lawful attorney-in-fact and agent with full power of substitution and resubstitution, for him and his name place and stead, in any and all capacities, to execute any and all amendments (including post-effective amendments) to the Registration Statement on Form S-1 (File No. 333-195062) of Memorial Resource Development Corp., to sign any registration statement filed pursuant to Rule 462(b) of the Securities Act of 1933, and to cause the same to be filed with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and desirable to be done in and about the premises as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all acts and things that said attorneys-in-fact and agents or any of them, or their or his substitute or substitutes may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 2nd day of May, 2014.
By: |
/s/ Andrew J. Cozby | |
Andrew J. Cozby |
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