Page | ||||
RECITALS
|
1
|
|||
ARTICLE
I DEFINITIONS AND ACCOUNTING MATTERS
|
1
|
|||
Section
1.01
|
Terms
Defined Above
|
1
|
||
Section
1.02
|
Certain
Defined Terms
|
1
|
||
Section
1.03
|
Types
of Loans and Borrowings
|
20
|
||
Section
1.04
|
Terms
Generally
|
20
|
||
Section
1.05
|
Accounting
Terms and Determinations; GAAP
|
20
|
||
ARTICLE
II THE CREDITS
|
21
|
|||
Section
2.01
|
Commitments
|
21
|
||
Section
2.02
|
Loans
and Borrowings
|
21
|
||
Section
2.03
|
Requests
for Borrowings
|
22
|
||
Section
2.04
|
Interest
Elections
|
23
|
||
Section
2.05
|
Funding
of Borrowings
|
24
|
||
Section
2.06
|
Termination,
Reduction and Increase of Aggregate Commitment
|
25
|
||
Section
2.07
|
Borrowing
Base
|
27
|
||
Section
2.08
|
Letters
of Credit
|
29
|
||
ARTICLE
III PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS;
FEES
|
||||
34
|
||||
Section
3.01
|
Repayment
of Loans
|
34
|
||
Section
3.02
|
Interest
|
34
|
||
Section
3.03
|
Alternate
Rate of Interest
|
35
|
||
Section
3.04
|
Prepayments
|
35
|
||
Section
3.05
|
Fees
|
37
|
||
ARTICLE
IV PAYMENTS; PRO RATA TREATMENT; SHARING OF SET-OFFS
|
38
|
|||
Section
4.01
|
Payments
Generally; Pro Rata Treatment; Sharing of Set-offs
|
38
|
||
Section
4.02
|
Presumption
of Payment by the Borrower
|
39
|
||
Section
4.03
|
Certain
Deductions by the Administrative Agent
|
39
|
||
Section
4.04
|
Disposition
of Proceeds
|
40
|
||
ARTICLE
V INCREASED COSTS; BREAK FUNDING PAYMENTS; TAXES;
ILLEGALITY
|
||||
40
|
||||
Section
5.01
|
Increased
Costs
|
40
|
||
Section
5.02
|
Break
Funding Payments
|
41
|
||
Section
5.03
|
Taxes
|
42
|
||
Section
5.04
|
Designation
of Different Lending Office
|
43
|
||
Section
5.05
|
Illegality
|
43
|
||
Section
5.06
|
Replacement
of Lenders
|
43
|
||
ARTICLE
VI CONDITIONS PRECEDENT
|
44
|
|||
Section
6.01
|
Effective
Date
|
44
|
||
Section
6.02
|
Each
Credit Event
|
45
|
||
ARTICLE
VII REPRESENTATIONS AND WARRANTIES
|
46
|
|||
Section
7.01
|
Organization;
Powers
|
46
|
||
Section
7.02
|
Authority;
Enforceability
|
46
|
||
Section
7.03
|
Approvals;
No Conflicts
|
47
|
||
Section
7.04
|
Financial
Condition; No Material Adverse Change
|
47
|
||
Section
7.05
|
Litigation
|
48
|
||
Section
7.06
|
Environmental
Matters
|
48
|
||
Section
7.07
|
Compliance
with the Laws and Agreements; No Defaults
|
49
|
||
Section
7.08
|
Investment
Company Act
|
49
|
||
Section
7.09
|
Public
Utility Holding Company Act
|
49
|
||
Section
7.10
|
Taxes
|
50
|
||
Section
7.11
|
ERISA
|
50
|
||
Section
7.12
|
Disclosure;
No Material Misstatements
|
51
|
||
Section
7.13
|
Insurance
|
51
|
||
Section
7.14
|
Restrictions
on Liens
|
52
|
||
Section
7.15
|
Subsidiaries
|
52
|
||
Section
7.16
|
Location
of Business and Offices
|
52
|
||
Section
7.17
|
Properties,
Titles, Etc
|
52
|
||
Section
7.18
|
Maintenance
of Properties
|
53
|
||
Section
7.19
|
Gas
Imbalances, Prepayments
|
54
|
||
Section
7.20
|
Marketing
of Production
|
54
|
||
Section
7.21
|
Swap
Agreements
|
54
|
||
Section
7.22
|
Use
of Loans and Letters of Credit
|
54
|
||
Section
7.23
|
Solvency
|
55
|
||
Section
7.24
|
Material
Agreements
|
55
|
||
ARTICLE
VIII AFFIRMATIVE COVENANTS
|
55
|
|||
Section
8.01
|
Financial
Statements; Ratings Change; Other Information
|
55
|
||
Section
8.02
|
Notices
of Material Events
|
58
|
||
Section
8.03
|
Existence;
Conduct of Business
|
58
|
||
Section
8.04
|
Payment
of Obligations
|
58
|
||
Section
8.05
|
Performance
of Obligations under Loan Documents
|
59
|
||
Section
8.06
|
Operations
and Maintenance of Properties
|
59
|
||
Section
8.07
|
Insurance
|
60
|
||
Section
8.08
|
Books
and Records; Inspection Rights
|
60
|
||
Section
8.09
|
Compliance
with Laws
|
60
|
||
Section
8.10
|
Environmental
Matters
|
60
|
||
Section
8.11
|
Further
Assurances
|
61
|
||
Section
8.12
|
Reserve
Reports
|
62
|
||
Section
8.13
|
Title
Information
|
63
|
||
Section
8.14
|
Additional
Collateral; Additional Guarantors
|
64
|
||
Section
8.15
|
ERISA
Compliance
|
64
|
||
Section
8.16
|
Performance
of Material Agreements
|
65
|
||
ARTICLE
IX NEGATIVE COVENANTS
|
65
|
|||
Section
9.01
|
Financial
Covenants
|
65
|
||
Section
9.02
|
Debt
|
65
|
||
Section
9.03
|
Liens
|
66
|
||
Section
9.04
|
Dividends,
Distributions and Redemptions
|
67
|
||
Section
9.05
|
Investments,
Loans and Advances
|
67
|
||
Section
9.06
|
Designation
of Material Subsidiaries
|
69
|
||
Section
9.07
|
Nature
of Business; International Operations
|
69
|
||
Section
9.08
|
Limitation
on Leases
|
69
|
||
Section
9.09
|
Proceeds
of Notes
|
69
|
||
Section
9.10
|
ERISA
Compliance
|
69
|
||
Section
9.11
|
Sale
or Discount of Receivables
|
71
|
||
Section
9.12
|
Mergers,
Etc
|
71
|
||
Section
9.13
|
Sale
of Properties
|
71
|
||
Section
9.14
|
Environmental
Matters
|
72
|
||
Section
9.15
|
Transactions
with Affiliates
|
72
|
||
Section
9.16
|
Subsidiaries
|
72
|
||
Section
9.17
|
Negative
Pledge Agreements; Dividend Restrictions
|
72
|
||
Section
9.18
|
Gas
Imbalances, Take-or-Pay or Other Prepayments
|
72
|
||
Section
9.19
|
Swap
Agreements
|
73
|
||
Section
9.20
|
Preservation
of Material Agreements
|
73
|
||
Section
9.21
|
Release
of Liens
|
73
|
||
ARTICLE
X EVENTS OF DEFAULT; REMEDIES
|
74
|
|||
Section
10.01
|
Events
of Default
|
74
|
||
Section
10.02
|
Remedies
|
76
|
||
ARTICLE
XI THE ADMINISTRATIVE AGENT
|
77
|
|||
Section
11.01
|
Appointment;
Powers
|
77
|
||
Section
11.02
|
Duties
and Obligations of Administrative Agent
|
77
|
||
Section
11.03
|
Action
by Administrative Agent
|
77
|
||
Section
11.04
|
Reliance
by Administrative Agent
|
78
|
||
Section
11.05
|
Subagents
|
78
|
||
Section
11.06
|
Resignation
or Removal of Administrative Agent
|
79
|
||
Section
11.07
|
Administrative
Agent as Lenders
|
79
|
||
Section
11.08
|
No
Reliance
|
79
|
||
Section
11.09
|
Authority
of Administrative Agent to Release Collateral and Liens
|
80
|
||
Section
11.10
|
Syndication
Agent and Co-Documentation Agents
|
80
|
||
ARTICLE
XII MISCELLANEOUS
|
80
|
|||
Section
12.01
|
Notices
|
80
|
||
Section
12.02
|
Waivers;
Amendments
|
81
|
||
Section
12.03
|
Expenses,
Indemnity; Damage Waiver
|
82
|
||
Section
12.04
|
Successors
and Assigns
|
85
|
||
Section
12.05
|
Survival;
Revival; Reinstatement
|
88
|
||
Section
12.06
|
Counterparts;
Integration; Effectiveness
|
88
|
||
Section
12.07
|
Severability
|
89
|
||
Section
12.08
|
Right
of Setoff
|
89
|
||
Section
12.09
|
GOVERNING
LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS
|
89
|
||
Section
12.10
|
Headings
|
91
|
||
Section
12.11
|
Confidentiality
|
91
|
||
Section
12.12
|
Interest
Rate Limitation
|
92
|
||
Section
12.13
|
EXCULPATION
PROVISIONS
|
92
|
||
Section
12.14
|
Existing
Credit Agreement
|
93
|
||
Section
12.15
|
USA
Patriot Act Notice
|
94
|
Annex
I
|
List
of Commitments
|
Annex
II
|
Existing
Letters of Credit
|
Exhibit
A
|
Form
of Note
|
Exhibit
B
|
Form
of Compliance Certificate
|
Exhibit
C
|
Security
Instruments
|
Exhibit
D
|
Form
of Assignment and Assumption
|
Exhibit
E
|
Form
of Commitment Increase Certificate
|
Exhibit
F
|
Form
of Additional Lender Certificate
|
Exhibit
G
|
Reaffirmation
Agreement
|
Schedule
7.05
|
Litigation
|
Schedule
7.15
|
Subsidiaries
and Partnerships; Non-Material Subsidiaries
|
Schedule
7.19
|
Gas
Imbalances
|
Schedule
7.20
|
Marketing
Contracts
|
Schedule
7.21
|
Swap
Agreements
|
Schedule
7.24
|
Material
Agreements
|
Schedule
9.05(a)
|
Investments
|
Schedule
9.05(h)
|
Existing
Investments (Non-Oil and Gas)
|
Borrowing
Base Utilization Grid
|
||||
Borrowing
Base
|
<50%
|
≥50%
<75%
|
≥75%
<90%
|
≥90%
|
Utilization Percentage | ||||
Eurodollar
Loans
|
1.00%
|
1.25%
|
1.50%
|
1.75%
|
ABR
Loans
|
0.000%
|
0.000%
|
0.250%
|
0.500%
|
Commitment
Fee Rate
|
0.250%
|
0.300%
|
0.375%
|
0.375%
|
BORROWER:
|
ST
MARY LAND & EXPLORATION COMPANY
|
By: /s/ MATTHEW J.
PURCHASE
|
|
Name: Matthew
J. Purchase
|
|
Title: Treasurer
and Budget & Planning Director
|
|
AGENTS
AND LENDERS:
|
WACHOVIA
BANK, NATIONAL ASSOCIATION, Individually and as Administrative
Agent
|
By: /s/ LEANNE
PHILLIPS
|
|
Name:
Leanne Phillips
|
|
Title: Director
|
|
WELLS
FARGO BANK, N.A., Individually and as Syndication Agent
|
|
By: /s/ TIM
GREEN
|
|
Name: Tim
Green
|
|
Title: Assistant
Vice President
|
|
JPMORGAN
CHASE BANK,
N.A., Individually and
as Co-Documentation Agent
|
|
By: /s/ BRIAN
ORLANDO
|
|
Name: Brian
Orlando
|
|
Title: Vice
President
|
|
COMERICA
BANK, Individually and as
Co-Documentation
Agent
|
|
By: /s/ GREGORY D.
SMITH
|
|
Name: Gregory
D. Smith
|
|
Title: Vice
President
|
|
BNP
PARIBAS, Individually and as Co-Documentation Agent
|
|
By: /s/ BETSY
JOCHER
|
|
Name: Betsy
Jocher
|
|
Title: Director
|
|
By: /s/ POLLY
SCHOTT
|
|
Name: Polly
Schott
|
|
Title: Director
|
|
ROYAL
BANK OF CANADA
|
|
By: /s/ DON J.
MCKINNERNEY
|
|
Name:
Don J. McKinnerney
|
|
Title: Authorized
Signatory
|
|
BANK
OF SCOTLAND PLC
|
|
By: /s/ KAREN
WEICH
|
|
Name: Karen
Weich
|
|
Title: Vice
President
|
|
U.S.
BANK NATIONAL ASSOCIATION
|
|
By: /s/ DARIA M.
MAHONEY
|
|
Name: Daria
M. Mahoney
|
|
Title: Vice
President
|
|
KEY
BANK
|
|
By: /s/ THOMAS
RAJAN
|
|
Name:
Thomas Rajan
|
|
Title: Managing
Director
|
|
BANK
OF OKLAHOMA
|
|
By: /s/ MICHAEL M.
LOGAN
|
|
Name: Michael
M. Logan
|
|
Title: Senior
Vice President
|
|
CAPITAL
ONE, NATIONAL ASSOCIATION
|
|
By: /s/ STAN G. WEISER
JR.
|
|
Name: Stan
G. Weiser Jr.
|
|
Title: Vice
President
|
|
Name
of Lender
|
Applicable
Percentage
|
Commitment
|
Wachovia
Bank, National Association
|
11.05%
|
$55,250,000
|
Wells
Fargo Bank, N.A.
|
11.05%
|
$55,250,000
|
BNP
Paribas
|
10.80%
|
$54,000,000
|
Comerica
Bank
|
10.80%
|
$54,000,000
|
JPMorgan
Chase Bank, N.A.
|
10.80%
|
$54,000,000
|
U.S.
Bank National Association
|
10.00%
|
$50,000,000
|
Bank
of Scotland
|
8.75%
|
$43,750,000
|
Royal
Bank of Canada
|
8.75%
|
$43,750,000
|
Key
Bank
|
8.00%
|
$40,000,000
|
Bank
of Oklahoma
|
5.00%
|
$25,000,000
|
Capital
One, National Association
|
5.00%
|
$25,000,000
|
TOTAL
|
100.00%
|
$500,000,000
|
ST.
MARY LAND & EXPLORATION COMPANY
|
By:
|
Name:
|
Title:
|
ST.
MARY LAND & EXPLORATION COMPANY
|
By:
|
Name:
|
Title:
|
Facility
|
Principal
Amount Assigned
|
Percentage
Assigned of Facility/Commitment (set forth, to at least 8 decimals, as a
percentage of the Facility and the aggregate Commitments of all Lenders
thereunder)
|
Commitment
Assigned:
|
$
|
%
|
Loans:
|
||
[Name of
Assignor], as Assignor
|
By:______________________________
|
Name:
|
Title:
|
[Name of
Assignee], as Assignee
|
By:
______________________________
|
Name:
|
Title:
|
St.
Mary Land & Exploration Company
|
Wachovia
Bank, National Association, as Administrative Agent
|
By:
______________________
|
By:
__________________________
|
Name:
|
Name:
|
Title:
|
Title:
|
By:
______________________________
|
Name:
|
Title:
|
Accepted
and Agreed:
|
Wachovia
Bank, National Association, as Administrative Agent
|
By:
|
Name:
|
Title:
|
Accepted
and Agreed:
|
St.
Mary Land & Exploration Company
|
By:
|
Name:
|
Title:
|
By:
______________________________
|
Name:
|
Title:
|
Accepted
and Agreed:
|
Wachovia
Bank, National Association, as Administrative Agent
|
By:
|
Name:
|
Title:
|
Accepted
and Agreed:
|
St.
Mary Land & Exploration Company
|
By:
|
Name:
|
Title:
|
ST
MARY LAND & EXPLORATION COMPANY
|
By: _____________________________
|
Name: Matthew
J. Purchase
|
Title: Treasurer
and Budget & Planning Director
|
Accepted
by:
|
WACHOVIA BANK,
NATIONAL ASSOCIATION, as Administrative Agent
|
By: _____________________________
|
Name: Leanne
Phillips
|
Title:
Director
|
Material
Subsidiaries
|
Jurisdiction
of Organization
|
Organizational
Identification Number
|
Principal
Place of Business
and
Chief Executive Office
|
Owner
|
Percentage
Owned
|
None.
|
|||||
Non-Material
Subsidiaries
|
|||||
Belring
Company, Ltd.
|
Texas
|
Belring
GP LLC
Borrower
|
1%
99%
|
||
Belring
GP LLC
|
Delaware
|
Borrower
|
100%
|
||
Box
Church Gas Gathering LLC
|
Colorado
|
Borrower
|
58.6754%
|
||
Energy
Leasing, Inc.
|
Oklahoma
|
Borrower
|
100%
|
||
Four
Winds Marketing LLC
|
Colorado
|
Borrower
|
100%
|
||
Hilltop
Investments
|
Colorado
|
Borrower
|
50%
|
||
SMT
Texas LLC
|
Colorado
|
Borrower
|
100%
|
||
St.
Mary Land & Exploration Acquisition, LLC
|
Delaware
|
Borrower
|
100%
|
||
St.
Mary Energy Louisiana LLC
|
Delaware
|
Borrower
|
100%
|
||
St.
Mary Land East Texas L.P.
|
Texas
|
SMT
Texas LLC
Borrower
|
99%
1%
|
||
Sycamore
Gas System
|
Oklahoma
|
Borrower
|
3.11%
|
||
Trinity
River Services LLC
|
Texas
|
Borrower
|
25%
|
St.
Mary Land & Exploration Company
|
|||||||||||||||
Hedges
"In-Place"
|
|||||||||||||||
As
of April 9, 2008
|
|||||||||||||||
Hedge
|
Remaining
|
||||||||||||||
Relationship
|
Contract
|
Contract
|
Contract
|
Monthly
|
Yearly
|
%
of
|
Fixed
|
MtM
Value
|
|||||||
ID
|
CounterParty
|
Date
|
Contract #
|
Price Index
|
Purpose
|
Area
|
Start
|
End
|
Volumes
|
Volumes
|
Hedges
|
Price
|
at 4/9/08
|
||
GAS
SWAPS
|
|||||||||||||||
###-##-####
|
BNP
Paribas
|
06/02/06
|
108979
|
IF
HSC
|
Arrowhead/Stk
buyback
|
Arklatex
|
01/01/08
|
05/31/08
|
35,000
|
70,000
|
$7.45
|
(146,433)
|
|||
BNP
Paribas
|
02/29/08
|
172761
|
IF
CIG
|
Stk
buyback
|
Rockies
|
04/01/08
|
12/31/08
|
50,000
|
1,000,000
|
$8.04
|
1,571
|
||||
85,000
|
1,070,000
|
7.08%
|
|||||||||||||
###-##-####
|
Comerica
|
07/30/07
|
ESWP253
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
04/01/08
|
12/31/08
|
100,000
|
800,000
|
$8.18
|
(1,267,071)
|
|||
100,000
|
800,000
|
5.29%
|
|||||||||||||
###-##-####
|
J
Aron & Co
|
07/30/07
|
737564622
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
10/01/08
|
12/31/08
|
110,000
|
330,000
|
$8.57
|
(419,384)
|
|||
###-##-####
|
J
Aron & Co
|
05/19/06
|
886126894
|
IF
PEPL
|
Stk
buyback
|
MidCon
|
01/01/08
|
12/31/08
|
140,000
|
1,120,000
|
$7.91
|
(844,418)
|
|||
###-##-####
|
J
Aron & Co
|
06/15/06
|
886819898
|
IF
CIG
|
Stk
buyback
|
Rockies
|
01/01/08
|
12/31/08
|
110,000
|
880,000
|
$6.98
|
(926,175)
|
|||
###-##-####
|
J
Aron & Co
|
12/22/06
|
892369629
|
IF
NGPL
|
Atoka
Drilling
|
MidCon
|
01/01/08
|
12/31/08
|
62,500
|
500,000
|
$6.73
|
(983,107)
|
|||
J
Aron & Co
|
03/03/08
|
904120535
|
IF
HSC
|
Sendero
|
ArkLaTex
|
04/01/08
|
12/31/08
|
35,000
|
280,000
|
$9.44
|
(95,238)
|
||||
259,167
|
3,110,000
|
20.58%
|
|||||||||||||
###-##-####
|
JPMorgan
|
05/19/06
|
2594706
|
IF
PEPL
|
Stk
buyback
|
MidCon
|
01/01/08
|
12/31/08
|
180,000
|
1,440,000
|
$8.17
|
(708,515)
|
|||
###-##-####
|
JPMorgan
|
06/20/06
|
2715473
|
IF
CIG
|
Stk
buyback
|
Rockies
|
01/01/08
|
12/31/08
|
150,000
|
1,200,000
|
$6.80
|
(1,474,887)
|
|||
###-##-####
|
JPMorgan
|
11/01/06
|
4430129
|
IF
El Paso Permian
|
Sweetie
Peck Acq
|
Permian
|
01/01/08
|
12/31/08
|
95,000
|
760,000
|
$7.07
|
(1,489,032)
|
|||
###-##-####
|
JPMorgan
|
01/09/07
|
4962486
|
IF
ANR OK
|
Atoka
|
MidCon
|
01/01/08
|
12/31/08
|
62,500
|
500,000
|
$6.88
|
(897,976)
|
|||
###-##-####
|
JPMorgan
|
02/07/07
|
5419954
|
IF
HSC
|
BlackBrush
Acq
|
Gulf
|
01/01/08
|
12/31/08
|
80,000
|
640,000
|
$7.57
|
(1,398,953)
|
|||
###-##-####
|
JPMorgan
|
07/30/07
|
9673554
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/08
|
12/31/08
|
160,000
|
1,280,000
|
$8.20
|
(1,993,264)
|
|||
JPMorgan
|
02/26/08
|
13531195
|
IF
ANR OK
|
Stk
buyback
|
MidCon
|
04/01/08
|
12/31/08
|
150,000
|
1,200,000
|
$8.42
|
(333,967)
|
||||
585,000
|
7,020,000
|
46.46%
|
|||||||||||||
###-##-####
|
Key
Bank
|
07/30/07
|
183268
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/08
|
12/31/08
|
37,143
|
260,000
|
$8.12
|
(435,972)
|
|||
###-##-####
|
Key
Bank
|
08/10/07
|
184037
|
IF
PEPL
|
Stk
Repurchase
|
MidCon
|
01/01/08
|
12/31/08
|
167,500
|
1,340,000
|
$7.11
|
(2,081,580)
|
|||
533,333
|
1,600,000
|
10.59%
|
|||||||||||||
Wells
Fargo
|
02/20/08
|
314016
|
IF
HSC
|
Stk
buyback
|
MidCon
|
04/01/08
|
12/31/08
|
98,750
|
790,000
|
$9.11
|
(571,624)
|
||||
Wells
Fargo
|
03/17/08
|
323740
|
NYMEX
HH
|
Stk
buyback
|
Gulf
Coast
|
04/01/08
|
12/31/08
|
90,000
|
720,000
|
$9.46
|
(402,342)
|
||||
632,083
|
1,510,000
|
9.99%
|
|||||||||||||
Total
GAS SWAPS - 2008
|
1,259,167
|
15,110,000
|
100.00%
|
$6.40
|
(16,468,367)
|
||||||||||
BNP
Paribas
|
02/29/08
|
172761
|
IF
CIG
|
Stk
buyback
|
Rockies
|
01/01/09
|
12/31/09
|
50,000
|
600,000
|
$7.53
|
149,476
|
||||
50,000
|
600,000
|
3.01%
|
|||||||||||||
###-##-####
|
Comerica
|
07/30/07
|
ESWP253
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/09
|
12/31/09
|
100,000
|
1,200,000
|
$8.44
|
(948,666)
|
|||
100,000
|
1,200,000
|
6.02%
|
|||||||||||||
###-##-####
|
J
Aron & Co
|
07/30/07
|
737564622
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/09
|
12/31/09
|
110,000
|
1,320,000
|
$8.49
|
(980,683)
|
|||
###-##-####
|
J
Aron & Co
|
05/19/06
|
886126894
|
IF
PEPL
|
Stk
buyback
|
MidCon
|
01/01/09
|
06/30/09
|
140,000
|
840,000
|
$8.33
|
(247,071)
|
|||
###-##-####
|
J
Aron & Co
|
06/15/06
|
886819898
|
IF
CIG
|
Stk
buyback
|
Rockies
|
01/01/09
|
06/30/09
|
110,000
|
660,000
|
$7.51
|
(100,040)
|
|||
###-##-####
|
J
Aron & Co
|
12/22/06
|
892369629
|
IF
NGPL
|
Atoka
Drilling
|
MidCon
|
01/01/09
|
12/31/09
|
36,667
|
440,000
|
$7.11
|
(593,375)
|
|||
J
Aron & Co
|
03/03/08
|
904120535
|
IF
HSC
|
Sendero
|
ArkLaTex
|
04/01/08
|
12/31/08
|
50,833
|
610,000
|
$9.02
|
(110,668)
|
||||
322,500
|
3,870,000
|
19.42%
|
|||||||||||||
###-##-####
|
JPMorgan
|
05/19/06
|
2594706
|
IF
PEPL
|
Stk
buyback
|
MidCon
|
01/01/09
|
06/30/09
|
180,000
|
1,080,000
|
$8.37
|
(280,122)
|
|||
###-##-####
|
JPMorgan
|
06/20/06
|
2715473
|
IF
CIG
|
Stk
buyback
|
Rockies
|
01/01/09
|
07/31/09
|
150,000
|
1,050,000
|
$7.96
|
497,013
|
|||
###-##-####
|
JPMorgan
|
11/01/06
|
4430129
|
IF
El Paso Permian
|
Sweetie
Peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
100,000
|
1,200,000
|
$7.11
|
(1,706,833)
|
|||
###-##-####
|
JPMorgan
|
01/09/07
|
4962486
|
IF
ANR OK
|
Atoka
|
MidCon
|
01/01/09
|
12/31/09
|
36,667
|
440,000
|
$7.37
|
(485,743)
|
|||
###-##-####
|
JPMorgan
|
02/07/07
|
5419954
|
IF
HSC
|
BlackBrush
Acq
|
Gulf
|
01/01/09
|
02/28/09
|
80,000
|
160,000
|
$8.42
|
(301,737)
|
|||
###-##-####
|
JPMorgan
|
07/30/07
|
9673554
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/09
|
12/31/09
|
160,000
|
1,920,000
|
$8.51
|
(1,387,619)
|
|||
JPMorgan
|
02/26/08
|
13531195
|
IF
ANR OK
|
Stk
buyback
|
MidCon
|
01/01/09
|
06/30/09
|
150,000
|
900,000
|
$8.43
|
(358,286)
|
||||
562,500
|
6,750,000
|
33.87%
|
|||||||||||||
###-##-####
|
Key
Bank
|
07/30/07
|
183268
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/08
|
07/31/08
|
62,857
|
440,000
|
$8.37
|
(392,340)
|
|||
###-##-####
|
Key
Bank
|
08/10/07
|
184037
|
IF
PEPL
|
Stk
Repurchase
|
MidCon
|
01/01/08
|
08/31/08
|
180,000
|
1,440,000
|
$7.68
|
(1,115,158)
|
|||
235,000
|
1,880,000
|
9.43%
|
|||||||||||||
###-##-####
|
Wachovia
|
03/07/07
|
N151732
|
IF
HSC
|
BlackBrush
Acq
|
Gulf
|
03/01/09
|
12/31/09
|
78,000
|
780,000
|
$7.58
|
(1,096,145)
|
|||
78,000
|
780,000
|
3.91%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
07/31/07
|
207849
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
08/01/09
|
12/31/09
|
100,000
|
500,000
|
$8.35
|
(317,632)
|
|||
Wells
Fargo
|
02/20/08
|
314016
|
IF
HSC
|
Stk
buyback
|
MidCon
|
01/01/09
|
12/31/09
|
255,833
|
3,070,000
|
$8.65
|
(1,754,191)
|
||||
Wells
Fargo
|
03/17/08
|
323740
|
NYMEX
HH
|
Stk
buyback
|
Gulf
Coast
|
01/01/09
|
12/31/09
|
106,667
|
1,280,000
|
$9.03
|
(610,294)
|
||||
970,000
|
4,850,000
|
24.34%
|
|||||||||||||
Total
GAS SWAPS - 2009
|
1,660,833
|
19,930,000
|
100.00%
|
$7.41
|
(12,140,114)
|
||||||||||
###-##-####
|
Comerica
|
07/30/07
|
ESWP253
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/10
|
08/31/10
|
100,000
|
800,000
|
$8.16
|
(450,610)
|
|||
66,667
|
800,000
|
9.56%
|
|||||||||||||
###-##-####
|
J
Aron & Co
|
07/30/07
|
737564622
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/10
|
04/30/10
|
110,000
|
440,000
|
$8.67
|
(209,556)
|
|||
###-##-####
|
J
Aron & Co
|
12/22/06
|
892369629
|
IF
NGPL
|
Atoka
Drilling
|
MidCon
|
01/01/10
|
02/28/10
|
30,000
|
60,000
|
$7.60
|
(78,128)
|
|||
125,000
|
500,000
|
5.97%
|
|||||||||||||
###-##-####
|
JPMorgan
|
11/01/06
|
4430129
|
IF
El Paso Permian
|
Sweetie
Peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
90,833
|
1,090,000
|
$6.79
|
(1,380,739)
|
|||
###-##-####
|
JPMorgan
|
01/09/07
|
4962486
|
IF
ANR OK
|
Atoka
|
MidCon
|
01/01/10
|
02/28/10
|
30,000
|
60,000
|
$7.98
|
(57,260)
|
|||
###-##-####
|
JPMorgan
|
07/30/07
|
9673554
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/10
|
08/31/10
|
160,000
|
1,280,000
|
$8.23
|
(633,274)
|
|||
120,833
|
2,430,000
|
29.03%
|
|||||||||||||
###-##-####
|
Wachovia
|
03/07/07
|
N151732
|
IF
HSC
|
BlackBrush
Acq
|
Gulf
|
01/01/10
|
02/28/10
|
70,000
|
140,000
|
$8.37
|
(154,364)
|
|||
70,000
|
140,000
|
1.67%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
07/31/07
|
207849
|
IF
HSC
|
Rockford
acq.
|
Gulf
Coast
|
01/01/10
|
08/31/10
|
100,000
|
800,000
|
$8.12
|
(480,879)
|
|||
Wells
Fargo
|
02/20/08
|
314016
|
IF
HSC
|
Stk
buyback
|
MidCon
|
01/01/10
|
12/31/10
|
188,333
|
2,260,000
|
$8.42
|
(669,626)
|
||||
Wells
Fargo
|
03/17/08
|
323740
|
NYMEX
HH
|
Stk
buyback
|
Gulf
Coast
|
01/01/10
|
12/31/10
|
120,000
|
1,440,000
|
$8.66
|
(411,866)
|
||||
562,500
|
4,500,000
|
53.76%
|
|||||||||||||
Total
GAS SWAPS - 2010
|
697,500
|
8,370,000
|
100.00%
|
$6.68
|
(4,526,302)
|
||||||||||
###-##-####
|
JPMorgan
|
11/01/06
|
4430129
|
IF
El Paso Permian
|
Sweetie
Peck Acq
|
Permian
|
01/01/11
|
10/31/11
|
88,000
|
880,000
|
$6.34
|
(1,331,711)
|
|||
88,000
|
880,000
|
100.00%
|
|||||||||||||
Wells
Fargo
|
02/20/08
|
314016
|
IF
HSC
|
Stk
buyback
|
MidCon
|
01/01/10
|
12/31/10
|
160,000
|
320,000
|
$8.89
|
(77,573)
|
||||
160,000
|
320,000
|
36.36%
|
|||||||||||||
Total
GAS SWAPS - 2011
|
88,000
|
880,000
|
136.36%
|
$9.57
|
(1,409,284)
|
||||||||||
GAS
COLLARS
|
|||||||||||||||
###-##-####
|
BNP
Paribas
|
10/11/05
|
93593
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/08
|
12/31/08
|
153,125
|
1,225,000
|
$6.290
|
131,845
|
|||
###-##-####
|
BNP
Paribas
|
10/11/05
|
93593
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/08
|
12/31/08
|
(153,125)
|
(1,225,000)
|
$9.290
|
(817,305)
|
|||
153,125
|
1,225,000
|
16.79%
|
|||||||||||||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0219
(FLOOR)
|
HSC
|
Bulk
|
Arklatex
|
01/01/08
|
12/31/08
|
80,000
|
640,000
|
$6.570
|
46,665
|
|||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0219
(CAP)
|
HSC
|
Bulk
|
Arklatex
|
01/01/08
|
12/31/08
|
(80,000)
|
(640,000)
|
$9.700
|
(648,793)
|
|||
80,000
|
640,000
|
8.77%
|
|||||||||||||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568645
(FLOOR)
|
CIG
|
Bulk
|
Rockies
|
01/01/08
|
12/31/08
|
240,000
|
1,920,000
|
$5.60
|
160,336
|
|||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568645
(CAP)
|
CIG
|
Bulk
|
Rockies
|
01/01/08
|
12/31/08
|
(240,000)
|
(1,920,000)
|
$8.72
|
(1,116,102)
|
|||
###-##-####
|
JP
Morgan
|
10/12/05
|
1588809
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/08
|
12/31/08
|
153,125
|
1,225,000
|
$6.28
|
130,468
|
|||
###-##-####
|
JP
Morgan
|
10/12/05
|
1588809
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/08
|
12/31/08
|
(153,125)
|
(1,225,000)
|
$9.42
|
(773,974)
|
|||
###-##-####
|
JP
Morgan
|
10/12/05
|
1589333
(FLOOR)
|
NYMEX
HH
|
Bulk
|
Gulf
Coast
|
01/01/08
|
12/31/08
|
40,000
|
320,000
|
$7.00
|
22,916
|
|||
###-##-####
|
JP
Morgan
|
10/12/05
|
1589333
(CAP)
|
NYMEX
HH
|
Bulk
|
Gulf
Coast
|
01/01/08
|
12/31/08
|
(40,000)
|
(320,000)
|
$10.57
|
(300,982)
|
|||
433,125
|
3,465,000
|
47.50%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/13/05
|
1258098
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/08
|
12/31/08
|
92,500
|
740,000
|
$6.280
|
78,950
|
|||
###-##-####
|
Wachovia
|
10/13/05
|
1258098
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/08
|
12/31/08
|
(92,500)
|
(740,000)
|
$9.520
|
(448,335)
|
|||
92,500
|
740,000
|
10.14%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/12/05
|
COP2505
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/08
|
12/31/08
|
153,125
|
1,225,000
|
$6.280
|
130,468
|
|||
###-##-####
|
Wells
Fargo
|
10/12/05
|
COP2505
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/08
|
12/31/08
|
(153,125)
|
(1,225,000)
|
$9.480
|
(754,769)
|
|||
153,125
|
1,225,000
|
16.79%
|
|||||||||||||
Total
GAS COLLARS - 2008
|
607,917
|
7,295,000
|
100.00%
|
(4,158,612)
|
|||||||||||
###-##-####
|
BNP
Paribas
|
10/12/05
|
93594
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/09
|
12/31/09
|
152,083
|
1,825,000
|
$5.30
|
257,448
|
|||
###-##-####
|
BNP
Paribas
|
10/12/05
|
93594
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/09
|
12/31/09
|
(152,083)
|
(1,825,000)
|
$9.20
|
(1,873,488)
|
|||
152,083
|
1,825,000
|
20.03%
|
|||||||||||||
###-##-####
|
Comerica
|
10/13/05
|
ECAP0220
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/09
|
12/31/09
|
155,000
|
1,860,000
|
$5.300
|
262,004
|
|||
###-##-####
|
Comerica
|
10/13/05
|
ECAP0220
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/09
|
12/31/09
|
(155,000)
|
(1,860,000)
|
$9.390
|
(1,817,150)
|
|||
155,000
|
1,860,000
|
20.42%
|
|||||||||||||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568646
(FLOOR)
|
CIG
|
Bulk
|
Rockies
|
01/01/09
|
12/31/09
|
200,000
|
2,400,000
|
$4.75
|
401,111
|
|||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568646
(CAP)
|
CIG
|
Bulk
|
Rockies
|
01/01/09
|
12/31/09
|
(200,000)
|
(2,400,000)
|
$8.82
|
(1,763,327)
|
|||
###-##-####
|
JP
Morgan
|
10/12/05
|
1589334
(FLOOR)
|
NYMEX
HH
|
Bulk
|
Gulf
Coast
|
01/01/09
|
12/31/09
|
30,000
|
360,000
|
$6.00
|
51,704
|
|||
###-##-####
|
JP
Morgan
|
10/12/05
|
1589334
(CAP)
|
NYMEX
HH
|
Bulk
|
Gulf
Coast
|
01/01/09
|
12/31/09
|
(30,000)
|
(360,000)
|
$10.35
|
(454,051)
|
|||
230,000
|
2,760,000
|
30.30%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/11/05
|
1258100
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/09
|
12/31/09
|
152,083
|
1,825,000
|
$5.300
|
257,448
|
|||
###-##-####
|
Wachovia
|
10/11/05
|
1258100
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/09
|
12/31/09
|
(152,083)
|
(1,825,000)
|
$9.170
|
(1,889,184)
|
|||
152,083
|
1,825,000
|
20.03%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/12/05
|
COP2506
(FLOOR)
|
HSC
|
Bulk
|
Arklatex
|
01/01/09
|
12/31/09
|
70,000
|
840,000
|
$5.570
|
100,052
|
|||
###-##-####
|
Wells
Fargo
|
10/12/05
|
COP2506
(CAP)
|
HSC
|
Bulk
|
Arklatex
|
01/01/09
|
12/31/09
|
(70,000)
|
(840,000)
|
$9.490
|
(1,109,372)
|
|||
70,000
|
840,000
|
9.22%
|
|||||||||||||
Total
GAS COLLARS - 2009
|
759,167
|
9,110,000
|
100.00%
|
(7,576,805)
|
|||||||||||
###-##-####
|
Comerica
|
10/12/05
|
ECAP0222
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/10
|
12/31/10
|
100,000
|
1,200,000
|
$5.31
|
246,119
|
|||
###-##-####
|
Comerica
|
10/12/05
|
ECAP0222
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/10
|
12/31/10
|
(100,000)
|
(1,200,000)
|
$7.60
|
(1,620,882)
|
|||
###-##-####
|
Comerica
|
10/12/05
|
ECAP0221
(FLOOR)
|
NYMEX
HH
|
Bulk
|
Gulf
Coast
|
01/01/10
|
12/31/10
|
20,000
|
240,000
|
$6.00
|
52,014
|
|||
###-##-####
|
Comerica
|
10/12/05
|
ECAP0221
(CAP)
|
NYMEX
HH
|
Bulk
|
Gulf
Coast
|
01/01/10
|
12/31/10
|
(20,000)
|
(240,000)
|
$8.38
|
(398,940)
|
|||
120,000
|
1,440,000
|
18.40%
|
|||||||||||||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568647
(FLOOR)
|
CIG
|
Bulk
|
Rockies
|
01/01/10
|
12/31/10
|
170,000
|
2,040,000
|
$4.85
|
586,231
|
|||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568647
(CAP)
|
CIG
|
Bulk
|
Rockies
|
01/01/10
|
12/31/10
|
(170,000)
|
(2,040,000)
|
$7.08
|
(1,881,744)
|
|||
###-##-####
|
JP
Morgan
|
10/13/05
|
1591124
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/10
|
12/31/10
|
160,000
|
1,920,000
|
$5.31
|
393,791
|
|||
###-##-####
|
JP
Morgan
|
10/13/05
|
1591124
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/10
|
12/31/10
|
(160,000)
|
(1,920,000)
|
$7.69
|
(2,524,417)
|
|||
330,000
|
3,960,000
|
50.61%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/12/05
|
1266587
(FLOOR)
|
HSC
|
Bulk
|
Arklatex
|
01/01/10
|
12/31/10
|
50,000
|
600,000
|
$5.570
|
104,385
|
|||
###-##-####
|
Wachovia
|
10/12/05
|
1266587
(CAP)
|
HSC
|
Bulk
|
Arklatex
|
01/01/10
|
12/31/10
|
(50,000)
|
(600,000)
|
$7.880
|
(1,009,148)
|
|||
50,000
|
600,000
|
7.67%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2507
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/10
|
12/31/10
|
152,083
|
1,825,000
|
$5.300
|
371,105
|
|||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2507
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/10
|
12/31/10
|
(152,083)
|
(1,825,000)
|
$7.540
|
(2,504,579)
|
|||
152,083
|
1,825,000
|
23.32%
|
|||||||||||||
Total
GAS COLLARS - 2010
|
652,083
|
7,825,000
|
100.00%
|
(8,186,065)
|
|||||||||||
###-##-####
|
BNP
|
10/10/05
|
93595
(FLOOR)
|
CIG
|
Bulk
|
Rockies
|
01/01/11
|
12/31/11
|
150,000
|
1,800,000
|
$5.00
|
459,650
|
|||
###-##-####
|
BNP
|
10/10/05
|
93595
(CAP)
|
CIG
|
Bulk
|
Rockies
|
01/01/11
|
12/31/11
|
(150,000)
|
(1,800,000)
|
$6.32
|
(2,478,997)
|
|||
150,000
|
1,800,000
|
27.17%
|
|||||||||||||
###-##-####
|
Comerica
|
10/12/05
|
ECAP0223
(FLOOR)
|
NYMEX
HH
|
Bulk
|
Gulf
Coast
|
01/01/11
|
12/31/11
|
10,000
|
120,000
|
$6.00
|
30,068
|
|||
###-##-####
|
Comerica
|
10/12/05
|
ECAP0223
(CAP)
|
NYMEX
HH
|
Bulk
|
Gulf
Coast
|
01/01/11
|
12/31/11
|
(10,000)
|
(120,000)
|
$7.25
|
(246,833)
|
|||
10,000
|
120,000
|
1.81%
|
|||||||||||||
###-##-####
|
JP
Morgan
|
10/13/05
|
1591128
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/11
|
12/31/11
|
200,000
|
2,400,000
|
$5.31
|
95,168
|
|||
###-##-####
|
JP
Morgan
|
10/13/05
|
1591128
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/11
|
12/31/11
|
(200,000)
|
(2,400,000)
|
$6.58
|
(1,016,909)
|
|||
###-##-####
|
JP
Morgan
|
10/12/05
|
1589331
(FLOOR)
|
HSC
|
Bulk
|
Arklatex
|
01/01/11
|
12/31/11
|
40,000
|
480,000
|
$5.57
|
497,849
|
|||
###-##-####
|
JP
Morgan
|
10/12/05
|
1589331
(CAP)
|
HSC
|
Bulk
|
Arklatex
|
01/01/11
|
12/31/11
|
(40,000)
|
(480,000)
|
$6.77
|
(4,411,072)
|
|||
240,000
|
2,880,000
|
43.47%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/11/05
|
1258101
(FLOOR)
|
PEPL
|
Bulk
|
MidCon
|
01/01/11
|
12/31/11
|
152,083
|
1,825,000
|
$5.30
|
375,252
|
|||
###-##-####
|
Wachovia
|
10/112005
|
1258101
(CAP)
|
PEPL
|
Bulk
|
MidCon
|
01/01/11
|
12/31/11
|
(152,083)
|
(1,825,000)
|
$6.42
|
(3,509,543)
|
|||
152,083
|
1,825,000
|
27.55%
|
|||||||||||||
Total
GAS COLLARS - 2011
|
552,083
|
6,625,000
|
100.00%
|
(10,205,367)
|
|||||||||||
Oil
SWAPS
|
|||||||||||||||
###-##-####
|
BNP
Paribas
|
10/12/06
|
118518
|
NYMEX
|
Henry
Drilling
|
Permian
|
01/01/08
|
12/31/08
|
1,929
|
17,364
|
$66.880
|
(689,769)
|
|||
###-##-####
|
BNP
Paribas
|
10/26/06
|
119702
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/08
|
12/31/08
|
19,293
|
173,636
|
$67.30
|
(6,833,786)
|
|||
###-##-####
|
BNP
Paribas
|
12/21/06
|
124753
|
NYMEX
|
Half
East Drilling
|
Permian
|
01/01/08
|
12/31/08
|
2,338
|
21,045
|
$68.42
|
(817,901)
|
|||
###-##-####
|
BNP
Paribas
|
10/27/06
|
119812
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
06/01/08
|
12/31/08
|
10,000
|
70,000
|
$68.56
|
(2,528,784)
|
|||
23,504
|
282,045
|
20.94%
|
|||||||||||||
###-##-####
|
Comerica
|
8/3/2006
|
ESWP237
|
NYMEX
|
EXL
Acq.
|
Permian
|
01/01/08
|
12/31/08
|
1,929
|
17,364
|
$76.34
|
(522,293)
|
|||
###-##-####
|
Comerica
|
11/6/2006
|
ESWP247
|
NYMEX
|
Swetie
Peck Acq
|
Permian
|
01/01/08
|
12/31/08
|
17,364
|
156,273
|
$67.99
|
(6,044,205)
|
|||
14,470
|
173,637
|
12.89%
|
|||||||||||||
###-##-####
|
J
Aron & Co
|
09/25/06
|
889669056
|
NYMEX
|
Henry
Drilling
|
Permian
|
01/01/08
|
12/31/08
|
1,929
|
17,364
|
$66.39
|
(699,813)
|
|||
###-##-####
|
J
Aron & Co
|
09/21/07
|
900789521
|
WCS
|
General
Rockies
|
Williston
|
01/01/08
|
10/31/08
|
15,000
|
90,000
|
$53.36
|
(4,720,345)
|
|||
###-##-####
|
J
Aron & Co
|
6/15/2005
|
WNP2HG
|
NYMEX
|
Wold
|
Williston
|
01/01/08
|
07/31/08
|
4,602
|
18,409
|
$56.55
|
(1,005,159)
|
|||
10,481
|
125,773
|
9.34%
|
|||||||||||||
###-##-####
|
JPMorgan
|
10/27/2006
|
4389629
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/08
|
12/31/08
|
12,540
|
112,864
|
$68.62
|
(4,292,669)
|
|||
###-##-####
|
JPMorgan
|
5/21/2007
|
7085414
|
NYMEX
|
General
|
Permian
|
01/01/08
|
12/31/08
|
19,293
|
173,636
|
$71.54
|
(6,085,263)
|
|||
23,875
|
286,500
|
21.28%
|
|||||||||||||
###-##-####
|
Key
Bank
|
10/27/2006
|
168437
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/08
|
12/31/08
|
22,187
|
199,682
|
$68.34
|
(7,650,949)
|
|||
16,640
|
199,682
|
14.83%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/27/2006
|
1618348
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
02/01/08
|
12/31/08
|
11,727
|
105,545
|
$68.36
|
(4,049,360)
|
|||
###-##-####
|
Wachovia
|
6/21/2007
|
N220968
|
NYMEX
|
Halff
East Drilling
|
Permian
|
01/01/08
|
12/31/08
|
4,677
|
42,091
|
$72.00
|
(1,477,464)
|
|||
###-##-####
|
Wachovia
|
07/13/07
|
N229520
|
NYMEX
WTI
|
General
|
Permian
|
04/01/08
|
08/31/08
|
18,727
|
93,636
|
$73.53
|
(3,306,326)
|
|||
20,106
|
241,272
|
17.92%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/27/06
|
137532
|
NYMEX
|
Sweetie
peck Acq
|
Permian
|
01/01/08
|
12/31/08
|
4,192
|
37,727
|
$68.43
|
(1,327,392)
|
|||
3,144
|
37,727
|
2.80%
|
|||||||||||||
Total
OIL SWAPS - 2008
|
112,220
|
1,346,636
|
100.00%
|
$67.99
|
(52,051,478)
|
||||||||||
###-##-####
|
BNP
Paribas
|
10/12/06
|
118518
|
NYMEX
|
Henry
Drilling
|
Permian
|
01/01/09
|
09/30/09
|
1,222
|
11,000
|
$66.570
|
(378,263)
|
|||
###-##-####
|
BNP
Paribas
|
10/26/06
|
119702
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
20,000
|
240,000
|
$67.44
|
(7,871,889)
|
|||
###-##-####
|
BNP
Paribas
|
12/21/06
|
124753
|
NYMEX
|
Half
East Drilling
|
Permian
|
01/01/09
|
12/31/09
|
2,000
|
24,000
|
$68.13
|
(771,196)
|
|||
###-##-####
|
BNP
Paribas
|
10/27/06
|
119812
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
10,000
|
120,000
|
$67.71
|
(3,905,076)
|
|||
33,222
|
395,000
|
28.98%
|
|||||||||||||
###-##-####
|
Comerica
|
8/3/2006
|
ESWP237
|
NYMEX
|
EXL
Acq.
|
Permian
|
01/01/09
|
09/30/09
|
2,000
|
18,000
|
$74.76
|
(471,461)
|
|||
###-##-####
|
Comerica
|
11/6/2006
|
ESWP247
|
NYMEX
|
Swetie
Peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
18,000
|
216,000
|
$67.37
|
(7,100,813)
|
|||
20,000
|
234,000
|
17.17%
|
|||||||||||||
###-##-####
|
J
Aron & Co
|
09/25/06
|
889669056
|
NYMEX
|
Henry
Drilling
|
Permian
|
01/01/09
|
09/30/09
|
2,000
|
18,000
|
$65.24
|
(637,852)
|
|||
###-##-####
|
J
Aron & Co
|
10/27/06
|
890618018
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
23,000
|
276,000
|
$67.65
|
(8,998,238)
|
|||
25,000
|
294,000
|
21.57%
|
|||||||||||||
###-##-####
|
JPMorgan
|
10/27/2006
|
4389629
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
8,000
|
96,000
|
$67.91
|
(3,105,792)
|
|||
8,000
|
96,000
|
7.04%
|
|||||||||||||
###-##-####
|
Key
Bank
|
10/27/2006
|
168462
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
10,000
|
120,000
|
$67.60
|
(3,917,212)
|
|||
10,000
|
120,000
|
8.80%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/27/2006
|
1618348
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
14,333
|
172,000
|
$67.65
|
(5,645,959)
|
|||
###-##-####
|
Wachovia
|
6/21/2007
|
N220968
|
NYMEX
|
Halff
East Drilling
|
Permian
|
01/01/09
|
07/31/09
|
4,000
|
28,000
|
$72.09
|
(815,907)
|
|||
18,333
|
200,000
|
14.67%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/27/06
|
137532
|
NYMEX
|
Sweetie
peck Acq
|
Permian
|
01/01/09
|
12/31/09
|
2,000
|
24,000
|
$67.77
|
(779,552)
|
|||
2,000
|
24,000
|
1.76%
|
|||||||||||||
Total
OIL SWAPS - 2009
|
113,583
|
1,363,000
|
100.00%
|
$67.74
|
(44,399,210)
|
||||||||||
###-##-####
|
BNP
Paribas
|
10/26/06
|
119702
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
20,000
|
240,000
|
$66.57
|
(7,295,417)
|
|||
###-##-####
|
BNP
Paribas
|
12/21/06
|
124753
|
NYMEX
|
Half
East Drilling
|
Permian
|
01/01/10
|
12/31/10
|
2,000
|
24,000
|
$67.54
|
(707,677)
|
|||
###-##-####
|
BNP
Paribas
|
10/27/06
|
119812
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
10,000
|
120,000
|
$66.85
|
(3,615,950)
|
|||
32,000
|
384,000
|
30.99%
|
|||||||||||||
###-##-####
|
Comerica
|
11/6/2006
|
ESWP247
|
NYMEX
|
Swetie
Peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
18,000
|
216,000
|
$66.24
|
(6,631,831)
|
|||
18,000
|
216,000
|
17.43%
|
|||||||||||||
###-##-####
|
J
Aron & Co
|
10/27/06
|
890618018
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
23,000
|
276,000
|
$66.42
|
(8,427,857)
|
|||
23,000
|
276,000
|
22.28%
|
|||||||||||||
###-##-####
|
JPMorgan
|
10/27/2006
|
4389629
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
5,000
|
60,000
|
$66.60
|
(1,823,671)
|
|||
5,000
|
60,000
|
4.84%
|
|||||||||||||
###-##-####
|
Key
Bank
|
10/27/2006
|
168462
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
10,000
|
120,000
|
$66.35
|
(3,672,072)
|
|||
10,000
|
120,000
|
9.69%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/27/2006
|
1618348
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
14,250
|
171,000
|
$66.33
|
(5,239,068)
|
|||
14,250
|
171,000
|
13.80%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/27/06
|
137532
|
NYMEX
|
Sweetie
peck Acq
|
Permian
|
01/01/10
|
12/31/10
|
1,000
|
12,000
|
$66.56
|
(364,856)
|
|||
1,000
|
12,000
|
0.97%
|
|||||||||||||
Total
OIL SWAPS - 2010
|
103,250
|
1,239,000
|
100.00%
|
$66.47
|
(37,778,399)
|
||||||||||
###-##-####
|
BNP
Paribas
|
10/26/06
|
119702
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/11
|
11/30/11
|
20,000
|
220,000
|
$65.47
|
(6,466,600)
|
|||
###-##-####
|
BNP
Paribas
|
12/21/06
|
124753
|
NYMEX
|
Half
East Drilling
|
Permian
|
01/01/11
|
01/31/11
|
2,000
|
2,000
|
$67.21
|
(57,194)
|
|||
###-##-####
|
BNP
Paribas
|
10/27/06
|
119812
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/11
|
11/30/11
|
10,000
|
110,000
|
$65.98
|
(3,181,942)
|
|||
32,000
|
332,000
|
32.17%
|
|||||||||||||
###-##-####
|
Comerica
|
11/6/2006
|
ESWP247
|
NYMEX
|
Swetie
Peck Acq
|
Permian
|
01/01/11
|
11/30/11
|
18,000
|
198,000
|
$65.02
|
(5,899,981)
|
|||
18,000
|
198,000
|
19.19%
|
|||||||||||||
###-##-####
|
J
Aron & Co
|
10/27/06
|
890618018
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/11
|
11/30/11
|
23,000
|
253,000
|
$65.29
|
(7,478,422)
|
|||
23,000
|
253,000
|
24.52%
|
|||||||||||||
###-##-####
|
JPMorgan
|
10/27/2006
|
4389629
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/11
|
11/30/11
|
4,000
|
44,000
|
$65.33
|
(1,298,687)
|
|||
4,000
|
44,000
|
4.26%
|
|||||||||||||
###-##-####
|
Key
Bank
|
10/27/2006
|
168462
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/11
|
11/30/11
|
10,000
|
110,000
|
$65.20
|
(3,259,401)
|
|||
10,000
|
110,000
|
10.66%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/27/2006
|
1618348
|
NYMEX
|
Sweetie
Peck Acq
|
Permian
|
01/01/11
|
10/30/11
|
8,400
|
84,000
|
$65.42
|
(2,502,752)
|
|||
8,400
|
84,000
|
8.14%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/27/06
|
137532
|
NYMEX
|
Sweetie
peck Acq
|
Permian
|
01/01/11
|
11/30/11
|
1,000
|
11,000
|
$65.33
|
(324,734)
|
|||
1,000
|
11,000
|
1.07%
|
|||||||||||||
Total
OIL SWAPS - 2011
|
86,000
|
1,032,000
|
100.00%
|
$65.36
|
(30,469,713)
|
||||||||||
Oil
COLLARS
|
|||||||||||||||
###-##-####
|
BNP
Paribas
|
10/12/05
|
93576
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
14,747
|
132,727
|
$50.00
|
418
|
|||
###-##-####
|
BNP
Paribas
|
10/12/05
|
93576
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(15,250)
|
(132,727)
|
$72.15
|
(4,599,796)
|
|||
###-##-####
|
BNP
Paribas
|
10/13/05
|
93577
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
16,399
|
147,591
|
$50.00
|
463
|
|||
###-##-####
|
BNP
Paribas
|
10/13/05
|
93577
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(16,399)
|
(147,591)
|
$70.45
|
(5,367,842)
|
|||
31,146
|
280,318
|
23.18%
|
|||||||||||||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0207
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
14,747
|
132,727
|
$50.00
|
418
|
|||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0207
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(14,747)
|
(132,727)
|
$70.50
|
(4,816,979)
|
|||
14,747
|
132,727
|
10.97%
|
|||||||||||||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568305/07
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
29,495
|
265,455
|
$50.00
|
835
|
|||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568305/07
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(29,495)
|
(265,455)
|
$66.75
|
(10,629,450)
|
|||
29,495
|
265,455
|
21.95%
|
|||||||||||||
Key
Bank
|
04/03/08
|
210600
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
34,750
|
278,000
|
$92.50
|
0
|
||||
Key
Bank
|
04/03/08
|
210600
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(34,750)
|
(278,000)
|
$114.50
|
0
|
||||
34,750
|
278,000
|
22.99%
|
|||||||||||||
###-##-####
|
RBC
|
10/12/05
|
26590
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
14,747
|
132,727
|
$50.00
|
418
|
|||
###-##-####
|
RBC
|
10/12/05
|
26590
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(14,747)
|
(132,727)
|
$72.20
|
(4,593,236)
|
|||
###-##-####
|
RBC
|
10/11/05
|
26592
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
14,747
|
132,727
|
$50.00
|
418
|
|||
###-##-####
|
RBC
|
10/11/05
|
26592
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(14,747)
|
(132,727)
|
$70.90
|
(4,764,220)
|
|||
29,495
|
265,454
|
21.95%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/10/05
|
1258088
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
14,747
|
132,727
|
$50.00
|
418
|
|||
###-##-####
|
Wachovia
|
10/10/05
|
1258088
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(14,747)
|
(132,727)
|
$67.80
|
(5,174,815)
|
|||
14,747
|
132,727
|
10.97%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2496
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
14,747
|
132,727
|
$50.00
|
418
|
|||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2496
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/08
|
12/31/08
|
(14,747)
|
(132,727)
|
$70.85
|
(4,770,816)
|
|||
14,747
|
132,727
|
10.97%
|
|||||||||||||
Total
OIL Collars - 2008
|
100,784
|
1,209,408
|
100.00%
|
(44,713,348)
|
|||||||||||
###-##-####
|
BNP
Paribas
|
10/12/05
|
93578
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
15,208
|
182,500
|
$50.00
|
32,243
|
|||
###-##-####
|
BNP
Paribas
|
10/12/05
|
93578
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
(15,208)
|
(182,500)
|
$69.15
|
(5,965,525)
|
|||
15,208
|
182,500
|
11.96%
|
|||||||||||||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0208
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
15,208
|
182,500
|
$50.00
|
32,243
|
|||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0208
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
(15,208)
|
(182,500)
|
$67.65
|
(6,196,721)
|
|||
###-##-####
|
Comerica
|
10/13/05
|
ECAP0209
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
5,500
|
66,000
|
$50.00
|
11,607
|
|||
###-##-####
|
Comerica
|
10/13/05
|
ECAP0209
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
(5,500)
|
(66,000)
|
$67.350
|
(2,258,248)
|
|||
20,708
|
248,500
|
16.28%
|
|||||||||||||
###-##-####
|
JP
Morgan
|
10/10/05
|
1567755/56
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
45,625
|
547,500
|
$50.00
|
96,726
|
|||
###-##-####
|
JP
Morgan
|
10/10/05
|
1567755/56
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
(45,625)
|
(547,500)
|
$65.75
|
(19,481,672)
|
|||
45,625
|
547,500
|
35.88%
|
|||||||||||||
###-##-####
|
RBC
|
10/12/05
|
26597
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
15,208
|
182,500
|
$50.00
|
32,243
|
|||
###-##-####
|
RBC
|
10/12/05
|
26597
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
(15,208)
|
(182,500)
|
$69.10
|
(5,973,182)
|
|||
15,208
|
182,500
|
11.96%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/11/05
|
1258089
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
15,208
|
182,500
|
$50.00
|
32,243
|
|||
###-##-####
|
Wachovia
|
10/11/05
|
1258089
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
(15,208)
|
(182,500)
|
$68.00
|
(6,142,501)
|
|||
15,208
|
182,500
|
11.96%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2497
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
15,208
|
182,500
|
$50.00
|
32,243
|
|||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2497
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/09
|
12/31/09
|
(15,208)
|
(182,500)
|
$67.35
|
(6,243,325)
|
|||
15,208
|
182,500
|
11.96%
|
|||||||||||||
Total
OIL Collars - 2009
|
127,167
|
1,526,000
|
100.00%
|
(51,991,626)
|
|||||||||||
###-##-####
|
BNP
Paribas
|
10/12/05
|
93579
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
15,208
|
182,500
|
$50.00
|
114,949
|
|||
###-##-####
|
BNP
Paribas
|
10/12/05
|
93579
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
(15,208)
|
(182,500)
|
$67.00
|
(5,961,543)
|
|||
15,208
|
182,500
|
13.35%
|
|||||||||||||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0210
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
15,208
|
182,500
|
$50.00
|
114,949
|
|||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0210
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
(15,208)
|
(182,500)
|
$65.50
|
(6,170,651)
|
|||
###-##-####
|
Comerica
|
10/13/05
|
ECAP0211
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
7,500
|
90,000
|
$50.00
|
56,593
|
|||
###-##-####
|
Comerica
|
10/13/05
|
ECAP0211
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
(7,500)
|
(90,000)
|
$65.15
|
(3,067,673)
|
|||
22,708
|
272,500
|
19.93%
|
|||||||||||||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568315/16
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
30,417
|
365,000
|
$50.00
|
229,899
|
|||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568315/16
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
(30,417)
|
(365,000)
|
$62.95
|
(13,067,025)
|
|||
30,417
|
365,000
|
26.69%
|
|||||||||||||
###-##-####
|
RBC
|
10/11/05
|
26595
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
15,208
|
182,500
|
$50.00
|
114,949
|
|||
###-##-####
|
RBC
|
10/11/05
|
26595
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
(15,208)
|
(182,500)
|
$65.70
|
(6,142,579)
|
|||
15,208
|
182,500
|
13.35%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/10/05
|
1258090
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
15,208
|
182,500
|
$50.00
|
114,949
|
|||
###-##-####
|
Wachovia
|
10/10/05
|
1258090
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
(15,208)
|
(182,500)
|
$64.00
|
(6,383,027)
|
|||
15,208
|
182,500
|
13.35%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2498
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
15,208
|
182,500
|
$50.00
|
114,949
|
|||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2498
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/10
|
12/31/10
|
(15,208)
|
(182,500)
|
$66.15
|
(6,079,630)
|
|||
15,208
|
182,500
|
13.35%
|
|||||||||||||
Total
OIL Collars - 2010
|
113,958
|
1,367,500
|
100.00%
|
(46,010,891)
|
|||||||||||
###-##-####
|
BNP
Paribas
|
10/13/05
|
93580
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
11,750
|
141,000
|
$50.00
|
195,493
|
|||
###-##-####
|
BNP
Paribas
|
10/13/05
|
93580
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
(11,750)
|
(141,000)
|
$64.25
|
(4,779,204)
|
|||
11,750
|
141,000
|
11.41%
|
|||||||||||||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0212
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
15,208
|
182,500
|
$50.00
|
253,509
|
|||
###-##-####
|
Comerica
|
10/11/05
|
ECAP0212
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
(15,208)
|
(182,500)
|
$64.60
|
(6,140,349)
|
|||
15,208
|
182,500
|
14.77%
|
|||||||||||||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568321/29
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
30,417
|
365,000
|
$50.00
|
507,016
|
|||
###-##-####
|
JP
Morgan
|
10/10/05
|
1568321/29
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
(30,417)
|
(365,000)
|
$62.05
|
(12,949,399)
|
|||
30,417
|
365,000
|
29.53%
|
|||||||||||||
###-##-####
|
RBC
|
10/11/05
|
26594
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
15,208
|
182,500
|
$50.00
|
253,509
|
|||
###-##-####
|
RBC
|
10/11/05
|
26594
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
(15,208)
|
(182,500)
|
$64.75
|
(6,120,924)
|
|||
15,208
|
182,500
|
14.77%
|
|||||||||||||
###-##-####
|
Wachovia
|
10/10/05
|
1258091
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
15,208
|
182,500
|
$50.00
|
253,509
|
|||
###-##-####
|
Wachovia
|
10/10/05
|
1258091
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
(15,208)
|
(182,500)
|
$63.10
|
(6,336,079)
|
|||
15,208
|
182,500
|
14.77%
|
|||||||||||||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2499
(FLOOR)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
15,208
|
182,500
|
$50.00
|
253,509
|
|||
###-##-####
|
Wells
Fargo
|
10/11/05
|
COP2499
(CAP)
|
NYMEX
|
Bulk
|
Williston
|
01/01/11
|
12/31/11
|
(15,208)
|
(182,500)
|
$65.25
|
(6,056,382)
|
|||
15,208
|
182,500
|
14.77%
|
|||||||||||||
Total
OIL Collars - 2011
|
103,000
|
1,236,000
|
100.00%
|
(40,665,792)
|
|||||||||||
Natural
Gas Liquid Swaps
|
|||||||||||||||
J
Aron & Co
|
07/31/07
|
737594627
|
OPIS
|
Rockford
Acq
|
Gulf
Coast
|
01/01/08
|
08/31/08
|
1,084,373
|
5,421,867
|
$1.02
|
(1,994,445)
|
||||
###-##-####
|
J
Aron & Co
|
11/08/06
|
891043169
|
OPIS
|
Sweetie
Peck Acq
|
Permian
|
11/01/08
|
12/31/08
|
1,218,000
|
2,436,000
|
$0.86
|
(1,596,448)
|
|||
###-##-####
|
J
Aron & Co
|
02/07/07
|
894008579
|
OPIS
|
BlackBrush
Acq
|
Permian
|
03/01/08
|
12/31/08
|
278,084
|
2,502,759
|
$0.89
|
(1,613,946)
|
|||
J
Aron & Co
|
09/17/07
|
900695221
|
OPIS
|
Rockford
Acq
|
Gulf
Coast
|
09/01/08
|
12/31/08
|
1,508,500
|
6,034,000
|
$0.97
|
(2,369,745)
|
||||
J
Aron & Co
|
02/21/08
|
903761692
|
OPIS
|
Senderro
Acq
|
ArkLaTex
|
04/01/08
|
12/31/08
|
13,746
|
123,718
|
$1.21
|
(14,629)
|
||||
1,496,084
|
16,518,344
|
69.37%
|
|||||||||||||
###-##-####
|
Morgan
Stanley
|
10/31/06
|
5735706
|
OPIS
|
Sweetie
Peck Acq
|
Permian
|
01/01/08
|
10/31/08
|
1,042,091
|
7,294,636
|
$0.87
|
(4,826,191)
|
|||
1,042,091
|
7,294,636
|
30.63%
|
|||||||||||||
NGL
Swaps - 2008
|
1,984,415
|
23,812,980
|
100.00%
|
(12,415,404)
|
|||||||||||
###-##-####
|
J
Aron & Co
|
11/08/06
|
891043169
|
OPIS
|
Sweetie
Peck Acq
|
Permian
|
01/01/09
|
10/31/09
|
1,171,800
|
11,718,000
|
$0.86
|
(6,493,368)
|
|||
###-##-####
|
J
Aron & Co
|
02/07/07
|
894008579
|
OPIS
|
BlackBrush
Acq
|
Permian
|
01/01/09
|
02/28/09
|
277,250
|
554,500
|
$0.89
|
(333,268)
|
|||
J
Aron & Co
|
09/17/07
|
900695221
|
OPIS
|
Rockford
Acq
|
Gulf
Coast
|
01/01/09
|
08/31/09
|
1,758,625
|
14,069,003
|
$0.97
|
(4,336,123)
|
||||
J
Aron & Co
|
02/21/08
|
903761692
|
OPIS
|
Sendero
Acq
|
ArkLaTex
|
01/01/09
|
02/29/09
|
36,064
|
72,128
|
$1.21
|
(6,976)
|
||||
J
Aron & Co
|
02/21/08
|
903761699
|
OPIS
|
Sendero
Acq
|
ArkLaTex
|
03/01/09
|
12/31/09
|
38,906
|
389,058
|
$1.13
|
(34,518)
|
||||
2,680,269
|
26,802,689
|
100.00%
|
|||||||||||||
NGL
Swaps - 2009
|
2,233,557
|
26,802,689
|
100.00%
|
(11,204,253)
|
|||||||||||
J
Aron & Co
|
02/21/08
|
903761394
|
OPIS
|
Sendero
Acq
|
ArkLaTex
|
03/01/10
|
12/31/10
|
27,400
|
274,000
|
$1.080
|
(32,774)
|
||||
J
Aron & Co
|
02/21/08
|
903761699
|
OPIS
|
Sendero
Acq
|
ArkLaTex
|
01/01/10
|
02/28/10
|
31,443
|
62,885
|
$1.13
|
(3,574)
|
||||
33,689
|
336,885
|
100.00%
|
|||||||||||||
NGL
Swaps - 2010
|
28,074
|
336,885
|
100.00%
|
(36,348)
|
|||||||||||
J
Aron & Co
|
02/21/08
|
903761394
|
OPIS
|
Sendero
Acq
|
ArkLaTex
|
01/01/11
|
02/28/11
|
23,703
|
47,405
|
$1.080
|
(8,404)
|
||||
4,741
|
47,405
|
100.00%
|
|||||||||||||
NGL
Swaps - 2011
|
3,950
|
47,405
|
100.00%
|
(8,404)
|
|||||||||||
$ (436,415,782.00)
|
1.
|
Senior
Convertible Notes indenture, in the aggregate principal amount of
$287,500,000, due on or about April 1,
2027.
|
2.
|
And
the agreements set forth on the exhibit list to the Company’s Annual
Report on Form 10-K for the year ended December 31, 2007, as material
contracts included as exhibits 10.1 through
10.34.
|
1.
|
50%
general partnership interest in Hilltop Investments holding approximately
41 acres of undeveloped land in Jefferson County at C-470 and
Quincy.
|
2.
|
Residual
net profits interest in land located in Grand Junction, Colorado if
reclaimed by gravel operator and sold as lots in Mid-America Business
Park, a rail served industrial
park.
|