Assets of Oil & Gas Exploration Company

Sale of assets of Fulcrum Exploration, LLC which includes:

1. all of the oil and gas leases described in Exhibit A, together with any and all other right, title and interest of Seller in and to the leasehold estates created thereby (such interest in such leases, the “Leases”), and all rights and interests in the lands covered by the Leases and any lands pooled or unitized therewith (such lands, the “Lands”);
2. all wells located on any of the Lands (such interest in such wells, including the wells set forth in Exhibit B, the “Wells”), and all Hydrocarbons produced therefrom or allocated thereto from and after the Effective Time;
3. all rights and interests in, under or derived from all unitization and pooling agreements, declarations and orders in effect with respect to any of the Leases or Wells and the units created thereby (the “Units”) (the Leases, the Lands, the Wells, and the Units being collectively referred to hereinafter as the “Oil and Gas Properties”);
4. to the fullest extent possible, all permits, licenses, servitudes, easements, rights-of-way, surface leases, other surface interests and surface rights to the extent appurtenant to and used primarily in connection with the ownership, operation, production, gathering, sale or disposal of Hydrocarbons or produced water from the Oil and Gas Properties, including those described on Exhibit C (the “Easements”);
5. any equipment, machinery, rolling stock, fixtures and other personal, movable and mixed property, whether operational or nonoperational, known or unknown, located on or used or held for use in connection with any of the Oil and Gas Properties, and including such well equipment, casing, tubing, pumps, motors, machinery, tanks, boilers, fixtures, compression equipment, flowlines, pipelines, gathering systems associated with the Wells, manifolds, and all pads, structures, buildings, materials, and other items used in the operation thereof (collectively, the “Personal Property”);
6. to the extent assignable, all Assigned Contracts and all rights thereunder;
7. all files, records and data (including electronic data) or copies thereof in the possession of Seller to the extent specifically related to the Acquired Assets, including: (i) lease files, land files, wells files, division order files, abstracts, title files, engineering and/or production files, non-interpretive maps, and accounting and Tax records; (ii) AFEs, engineering records, noninterpretive reservoir information, daily drilling and completion plans and reports, and wellbore diagrams; (iii) marketing contracts; (iv) environmental files and records; and (v) geological, geophysical, seismic, or other related technical data, information, or records that are not subject to confidentiality obligations with, and do not require the payment of a fee or other penalty to, any third party (collectively, the “Records”); and
8. all Hydrocarbons in storage or existing at the Effective Time in stock tanks, pipelines and/or plants (including inventory) and produced from or attributable to the Oil and Gas Properties.