Common use of CONSENTS AND NOTIFICATIONS Clause in Contracts

CONSENTS AND NOTIFICATIONS. Contract No. 6 - Lease Agreement by and between Rowe Management Corp., as landlord, and SDG Resources, L.P., as tenant, dated December 29, 2004, regarding premises in Odessa, Texas. Contract No. 11 - Salt Water Disposal Agreement by and between Texaco Exploration and Production, Inc. and SDG Resources, L.P., dated June 8, 2001. Contract No. 12 - Water Purchase Agreement dated April 19, 2005, by and between SDG Resources L.P., as Buyer, and OXY USA WTP LP, as Seller. Contract No. 13 - Colorado River Municipal Water District Diverted Water Contract dated August 10, 2005, by and between the Colorado River Municipal Water District and SDG Resources, L.P. Contract No. 15 - Letter agreement pertaining to the Cooper Jal Unit Battery by and between SDG Resources, L.P., and Lewis B. Burleson, Inc., dated February 24, 2003. Contract No. 21 - Farmout Agreement dated November 15, 1988, by and between Amoco Production Company, as Farmer, and Tom R. Minihan, as Farmee. Contract No. 22 - Farmout Agreement dated September 7, 1988, by and between OXY USA Inc., as lease owner, and Tom R. Minihan, as operator. Contract No. 23 - Model Form Operating Agreement, effective October 1, 1994, by and between Texaco Exploration and Production Inc., as Operator, and Devon Energy Company (Nevada), as Non-Operator. (PREFERENTIAL RIGHT TO PURCHASE – 15 day election after notice) Contract No. 56 - Gas Purchase Agreement dated November 1, 2001 by and between SDG Resources, LP, Seller and Sid Richardson Energy Services Co. Contract No. 61 - Marketing Agreement dated January 29, 2003 by and between Meredith Marketing Company and SDG Resources, LP, as amended March 25, 2004 Contract No. 62 - Surface Use Agreement dated January 9, 1994, by and between Grand Energy, Inc., as Leasehold Owner, and Frank R. Addis Il, as Surface Owner. Contract No. 63 - Surface Use Agreement dated January 12, 1994, by and between Grand Energy, Inc., as Leasehold Owner, and Sharon Ann Barth, as Surface Owner. Contract No. 64 - Surface Use Agreement dated January 15, 1994, by and between Grand Energy, Inc., as Leasehold Owner, and Mary L. Sorensen, as Surface Owner. Contract No. 66 - Disposal Agreement dated September 1, 1999, by and between IBEX Resources V, L.P., as Operator, and Sharon Ann Barth, as Owner. Contract No. 67 - Disposal Agreement dated September 1, 1999, by and between IBEX Resources V, L.P., as Operator, and Frank R. Addis Il, as Owner. Contract No. 68 - Disposal Agreement dated September 1, 1999, by and between IBEX Resources V, L.P., as Operator, and Mary L. Sorensen, as Owner. Texas Permit - Permit to Maintain and Use a Pit, dated April 11, 1985 (Pit Permit No. P003743) issued by State of Texas Railroad Commission Oil and Gas Division, that allows the operator to maintain and use an emergency saltwater storage pit (lined) with respect to the Crenshaw Lease. Oil Sales 12,681.15 8,083.72 3,251.98 2,486.51 2,433.46 ? Gas Sales 1,570.32 1,301.53 998.64 ? Total Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12,681.15 8,083.72 4,822.30 3,788.04 3,432.10 ? LOE 7,667.54 0.00 0.00 3,26?.96 5,022.99 5,205.51 21,161.00 CapX 0.00 0.00 0.00 0.00 9,671.84 0.00 0.00 2,349.51 264.46 0.00 6,022.60 18,306.41 Total Costs 0.00 0.00 0.00 0.00 0.00 17,339.38 0.00 0.00 2,349.51 3,52?.42 5,022.99 11,228.11 39,467.41 Net Profit 0.00 0.00 0.00 0.00 0.00 (17,339.38 ) 0.00 12,681.15 5,734.21 ? (1,234.95 ) (7,796.01 ) ? Cumulative Payout (1,812,787.00 ) (1,812,787.00 ) (1,812,787.00 ) (1,812,787.00 ) (1,812,787.00 ) (1,8?0.125.38 ) (1,830,128.3? ) (1,817,4?5.23 ) (1,811,711.02 ) (1,810,416.14 ) (1,811,650.99 ) (1,819,447.00 ) (1,819,44?.00 ) Oil Sales 2,213.77 0.00 5,104.53 3,020.93 5,894.16 9,425.05 6,181.60 3,127.55 6,762.65 6,762.65 6,651.21 8,873.20 64,017.30 Gas Sales 1,177.90 1,123.27 1,004.20 655.78 1,137.35 679.88 506.62 706.39 802.23 2,113.82 1,116.04 1,367.76 12,391.24 Total Sales 3,391.67 1,123.27 6,108.73 3,676.71 7,031.51 10,104.93 6,688.22 3,833.94 7,564.88 8,876.47 7,767.25 10,240.96 76,408.54 LOE 4,598.54 5,778.13 16,942.43 21,213.88 11,190.91 18,803.46 8,452.30 5,285.58 4,980.12 5,462.87 7,739.36 2,554.11 113,001.69 CapX 0.00 0.00 473.04 2,540.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,013.56 Total Costs 4,598.54 5,778.13 17,415.47 23,754.40 11,190.91 18,803.46 8,452.30 5,285.58 4,980.12 5,462.87 7,739.36 2,554.11 116,015.25 Net Profit (1,206.87 ) (4,654.86 ) (11,306.74 ) (20,077.69 ) (4,159.40 ) (8,698.53 ) (1,764.08 ) (1,451.64 ) 2,584.76 3,413.60 27.89 7,686.85 (39,606.71 ) Cumulative Payout (1,820,?53.87 ) (1,825,308.7? ) (1,83?,615.47 ) (1,856,???.?? ) (1,860,852.56 ) (1,869,55?.09 ) (1,871,315.17 ) (1,872,76?.81 ) (1,870,182.06 ) (1,866,768.45 ) (1,866,740.? ) (1,869,053.71 ) ? Oil Sales 3,811.42 4,326.91 7,457.94 6,201.51 6,390.93 0.00 6,353.93 8,992.41 (1,067.92 ) 0.00 2,948.54 248.13 45,663.80 Gas Sales 1,887.96 1,857.98 2,146.79 1,243.48 1,406.45 1,428.38 1,475.58 529.06 301.24 1,064.04 273.89 575.36 14,188.21 Total Sales 5,699.38 6,184.89 9,604.73 7,444.99 7,797.38 1,428.38 7,829.51 9,521.47 (766.68 ) 1,064.04 3,222.43 823.49 59,852.01 LOE 5,851.76 4,139.63 3,684.61 10,602.00 10.424.90 5,219.57 7,540.72 8,285.93 4,092.38 (1,289.30 ) 6,185.20 3,942.22 66,678.62 CapX 0.00 0.00 98.50 0.00 0.00 0.00 0.00 0.00 0.00 331.36 132,000.15 0.00 132,430.01 Total Costs 5,851.76 4,139.63 3,783.11 10,602.00 10,424.90 5,219.57 7,540.72 8,285.93 4,092.38 (957.94 ) 138,185.35 3,942.22 199,108.63 Net Profit (132,38 ) 2,045.26 5,621.62 (3,157.01 ) (2,627.52 ) (3,793.19 ) ? 3,235.54 (4,859.06 ) 2,021.?? (134,962.92 ) (3,118.73 ) (? ) Cumulative Payout (1,859,206.09 ) (1,857,150.83 ) (1,851,339.?? ) (1,854,498.22 ) (1,857,123.74 ) (? ) (1,860,628.14 ) (1,857,392.60 ) (1,862,251.66 ) (1,860,???.68 ) (1,995,192.60 ) (1,998,311.33 ) (1,998,311 ) Oil Sales 0.00 0.00 12,093.43 8,434.49 13,736.93 13,399.21 35,114.61 43,593.89 33,881.53 28,359.50 21,065.06 23,118.82 232,837.?? Gas Sales 700.66 670.00 6,315.84 3,648,65 (2,433.12 ) 970.59 3,548.47 3,818.11 3,112.58 1,740.42 2,257.48 2,257.48 26,607.?? Total Sales 700.66 670.00 18,409.27 12,083.06 11,303.81 14,369.80 38,663.08 47,412.00 36,994.11 30,139.92 23.322.54 25,376.30 259,444.?? LOE 4,985.44 18,604.85 13,893.17 22,457.32 46,388.44 26,796.33 49,162.06 60,208.82 38,635.44 37,054.21 51,204.05 59,516.?? 425,906.97 CapX 7,275.89 40,872.89 118,100.13 156,921.41 140,739.58 123,237.13 37,554.87 4,388.34 2,104.13 2,858.88 46,475.50 17,073.?? 692,602.33 Total Costs 12,261.33 59,477.74 131,993.30 179,378.73 187,128.02 150,033.46 86,716.93 64,597.16 40,739.57 39,913.09 97,679.55 78,590.42 1,126,509.30 Net Profit (11,560.67 ) (58,807.74 ) (113,584.03 ) (167,295.68 ) (175,824.21 ) (135,663.68 ) (48,063.85 ) (178,185.16 ) (3,745.46 ) (9,7?3.17 ) (74,357.?? ) (51,214.12 ) ? Cumulative Payout (2,009,872.00 ) (2,068,679.74 ) (? ) (2,349,559.45 ) (2,525,383.66 ) (2,661,047.32 ) (2,709,101.17 ) (2,726,286.33 ) (2,730,031.79 ) (2,739.804.96 ) (2,?????? ) (2,???,375.09 ) (2,865,376.09 ) Oil Sales 32,923.33 36,885.09 29,194.05 53,827.86 50,069.21 26,862.00 50,003.66 69,059.87 50,500.03 44,???.?? 11,?32.91 0.00 455,112.54 Gas Sales 2,617.86 2,882.39 2,380.09 4,861.00 4,340.74 2,270.00 4,517.66 5,265.96 3,468.35 5,???.45 3,?08.55 0.00 41,308.05 Total Sales 35,541.19 39,767.48 31,574.14 58,688.86 54,409.95 29,132.00 54,523.31 74,325.83 53,968.38 49,???.09 14,?41.46 0.00 496,420.59 LOE 37,798.26 30,???.02 37,967.35 38,760.42 26,791.55 53,509.40 52,641.29 39,892.32 32,030.22 39,999.54 58,106.20 0.00 448,163.88 CapX 0.00 0.00 8,586.63 62,106.19 10,710.18 3,816.78 56,460.84 101,614.22 32,279.56 68,481.78 12,848.32 0.00 356,903.50 Total Costs 37,798.26 30,???.02 46,553.98 100.863.61 37,502.04 57,326.18 109,102.13 141,506.54 64,309.78 108,481.32 70,954.52 0.00 805,067.38 Net Profit (2,257.07 ) 9,100.46 (14,979.84 ) (42,178.75 ) 16,907.81 (28,154.18 ) (54,578.82 ) (67,180.71 ) (10,343.40 ) (58,???.23 ) (55,313.05 ) 0.00 (308,645,69 ) Cumulative Payout (2,867,633.16 ) (2,858,532.70 ) (2,873,?12.54 ) (2,915,568.29 ) (2,898,781.38 ) (2,928,975.56 ) (2,981,???.38 ) (3,048,735.09 ) (3,059,078.49 ) (3,117,789.72 ) (3,174,022,78 ) (3,174,022,79 ) (3,174,022,79 ) Oil Sales 12,681.15 8,083.72 3,251.98 2,456.51 2,433.46 ?? Gas Sales 1,570.32 1,301.63 998.64 3,870.59 Total Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12,681.15 8,083.72 4,822.30 3,758.14 3,432.10 32,807.41 LOE 7,667.54 0.00 0.00 3,262.96 5,022.99 5,205.51 21,159.00 CapX 0.00 0.00 0.00 0.00 9,671.84 0.00 0.00 2,349.51 264.45 0.00 6,022.60 18,308.41 Total Costs 0.00 0.00 0.00 0.00 0.00 17,339.38 0.00 0.00 2,349.51 3,527.42 5,022.99 11,228.11 ? Net Profit 0.00 0.00 0.00 0.00 0.00 (17,339.38 ) 0.00 12,681.15 5,734.21 1,294.?? (1,234.85 ) (7,796.01 ) (6,660.00 ) Cumulative Payout (3,419,158.00 ) (3,419,158.00 ) (3,419,158.00 ) (3,419,158.00 ) (3,419,158.00 ) (3,436,497.38 ) (3,436,497.38 ) (3,423,816.23 ) (3,418,082.02 ) (3,416,787.14 ) (3,416,021.99 ) (3,425,813.00 ) (3,425,818.00 ) Oil Sales 2,213.77 0.00 5,104.53 3,020.93 5,894.16 9,425.05 6,181.60 3,127.55 6,762.65 6,762.65 6,651.21 8,873.20 64,017.30 Gas Sales 1,177.90 1,123.27 1,004.20 655.78 1,137.35 679.88 506.62 706.39 802.23 2,113.82 1,116.04 1,367.76 12,391.24 Total Sales 3,391.67 1,123.27 6,108.73 3,675.71 7,031.51 10,104.93 6,688.22 3,833.94 7,564.88 8,876.47 7,767.25 10,240.96 76,408.54 LOE 4,598.54 5,778.13 16,942.43 21,213.88 11,190.91 18,803.46 8,452.30 5,285.58 4,980.12 5,462.87 7,739.36 ? 113,001.69 CapX 0.00 0.00 473.04 2,540.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,013.56 Total Costs 4,598.54 5,778.13 17,415.47 23,754.40 11,190.91 18,803.46 8,452.30 5,285.58 4,980.12 5,462.87 7,739.36 ? 116,015.25 Net Profit (1,206.87 ) (4,654.86 ) (11,306.74 ) (20,077.69 ) (4,159.40 ) (8,69?.53 ) (1,764.08 ) (1,451.64 ) 2,584.7? 3,413.80 27.89 ? (39,606.71 ) Cumulative Payout (3,427.024.57) (3,431,679.73 ) (3,442,986.47 ) (3,463,064.16 ) (3,467,223.56 ) (3,475,922.09 ) (3,477,686.17 ) (3,479,137.81 ) (3,476,563.05 ) (3,478,139.45 ) (3,473,111.? ) (3,465,424.71 ) (3,465,424.71 ) Oil Sales 3,811.42 4,326.91 7,457.94 6,201.51 6,390.93 0.00 6,353.93 8,992.41 (1,067.92 ) 0.00 2,948.54 248.13 45,663.80 Gas Sales 1,887.96 1,857.98 2,146.79 1,243.48 1,406.45 1,426.38 1,475.58 529.06 301.24 1,054.04 273.89 575.36 14,188.21 Total Sales 5,699.38 6,184.89 9,604.73 7,444.99 7,797.38 1,426.38 7,829.51 9,521.47 (766.68 ) 1,054.04 3,222.43 823.49 59,852.01 LOE 5,851.76 4,139.63 3,684.61 10,602.00 10,424.90 5,219.57 7,540.72 6,285.93 4,092.38 (1,289.30 ) 6,185.20 3,942.22 66,679.62 CapX 0.00 0.00 98.50 0.00 0.00 0.00 0.00 0.00 0.00 331.36 132,000.15 0.00 132,430.01 Total Costs 5,851.76 4,139.63 3,783.11 10,602.00 10,424.90 5,219.57 7,540.72 6,285.93 4,092.38 (957.94 ) 138,185.35 3,942.22 199,109.63 Net Profit (152.38 ) 2,045.26 5,821.62 (3,157.01 ) (2,627.52 ) (3,793.19 ) 288.79 3,235.54 (4,859.06 ) 2,021.98 (134,962.92 ) (3,118.73 ) (139,25?.52 ) Cumulative Payout (3,465,577.09 ) (3,463,531.83 ) (3,457,710.21 ) (3,460,867.22 ) (3,463,494.74 ) (3,467,287.93 ) (3,466,999.14 ) (3,463,763.60 ) (3,468,622.66 ) (3,466,600.68 ) (3,691,563.60 ) (3,604,682.33 ) (3,604,682.33 ) Oil Sales 0.00 0.00 12,093.43 8,434.49 13,736.93 13,399.21 35,114.61 43,593.89 33,881.53 28,399.50 21,065.06 23,118.82 2?2,837.47 Gas Sales 700.66 670.00 6,315.84 3,648.56 (2,433.12 ) 970.59 3,548.47 3,818.11 3,112.58 1,740.42 2,257.48 2,257.48 26,607.07 Total Sales 700.66 670.00 18,409.27 12,083.05 11,303.81 14,369.80 38,663.08 47,412.00 38,994.11 30,139.92 23,322.54 25,375.30 259,444.54 LOE 4,985.44 18,604.85 13,893.17 22,457.32 46,388.44 26,796.33 49,162.06 60,208.82 38,635.44 37,054.21 51,204.05 59,516.54 425,906.97 CapX 7,275.89 40,872.89 118,100.13 156,921.41 140,739.58 123,237.13 37,554.87 4,389.34 2,104.13 2,858.88 48,475.50 17,073.54 697,602.33 Total Costs 12,261.33 59,477.74 131,983.30 179,378.73 187,128.02 150,033.46 86,716.93 64,587.16 40,739.57 39,913.09 97,679.55 76,590.42 1,126,509.30 Net Profit (11,560.67 ) (58,807.74 ) (113,584.03 ) (167,295.68 ) (175,824.21 ) (135,663.68 ) (48,053.85 ) (17,185.16 ) (3,745.46 ) (9,773.17 ) (74,357.01 ) (51,214.12 ) ? Cumulative Payout (3,616,243.00 ) (3,675,060.74 ) (3,788,634.77 ) (3,955,930.45 ) (4,131,754.66 ) (4,257,418.32 ) (4,315,472.17 ) (4,332.657.33 ) (4,336,402.79 ) (4,346,175.96 ) (4,420,532.97 ) (4,471,747.09 ) (4,471,747.09 ) Oil Sales 32,923.33 36,885.09 29,194.05 53,827.86 50,069.21 26,862.00 50,005.65 69,059.87 50,500.03 44,452.64 11,332.91 0.00 455,112.54 Gas Sales 2,617.86 2,882.39 2,380.09 4,861.00 4,340.74 2,270.00 4,517.66 5,265.96 3,466.35 5,397.45 3,308.55 0.00 41,308.05 Total Sales 35,541.19 39,767.48 31,574.14 58,688.86 54,409.95 29,132.00 54,523.31 74,325.83 53,966.38 49,850.09 14,641.46 0.00 496,420.59 LOE 37,798.26 30,667.02 37,967.35 38,760.42 26,791.96 53,509.40 52,641.29 39,892.32 32,030.22 39,999.54 58,106.20 0.00 448,163.88 CapX 0.00 0.00 8,586.63 62,105.19 10,710.18 3,816.78 56,460.84 101,614.22 32,279.56 68,481.78 12,848.32 0.00 356,903.50 Total Costs 37,798.26 30,667.02 46,553.98 100,865.61 37,502.04 57,326.18 109,102.13 141,506.54 64,309.78 108,481.32 70,954.52 0.00 805,067.38 Net Profit (2,257.07 ) 9,100.46 (14,979.84 ) (42,176.75 ) 16,907.91 (28,1?4.18 ) (54,578.82 ) (67,180.71 ) (10,343.40 ) (58,?31.23 ) (56,313.06 ) 0.00 (308,646.69 ) Cumulative Payout (4,474,004.1? ) (4,464,903.70 ) (4,475,883.54 ) (4,522,060.29 ) (4,505,152.38 ) (4,533,346.56 ) (4,587,925.38 ) (4,655,105.09 ) (4,665,449.49 ) (4,724,080.72 ) (4,780,393.78 ) (4,780,393.78 ) (4,780,393.78 ) Oil Sales 12,681.15 8,083.72 3,251.98 2,486.51 2,433.46 28,936.82 Gas Sales 1,570.32 1,301.63 998.64 3,870.59 Total Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12,681.15 8,083.72 4,822.30 3,788.14 3,432.10 32,807.41 LOE 7,667.54 0.00 0.00 3,262.96 5,022.99 5,205.51 21,159.00 CapX 0.00 0.00 0.00 0.00 9,671.84 0.00 0.00 2,349.51 264.46 0.00 6,022.60 18,308.41 Total Costs 0.00 0.00 0.00 0.00 0.00 17,339.38 0.00 0.00 2,349.51 3,527.42 5,022.99 11,228.11 39,467.41 Net Profit 0.00 0.00 0.00 0.00 0.00 (17,339.38 ) 0.00 12,681.15 5,734.21 1,294.68 (1,234.85 ) (7,796.01 ) (6,660.00 ) Cumulative Payout (1,478,428.00 ) (1,478,428.00 ) (1,478,428.00 ) (1,478,428.00 ) (1,478,428.00 ) (1,495,767.38 ) (1,495,767.38 ) (1,483,086.23 ) (? ) (? ) (1,477,291.99 ) (1,485,088.00 ) (1,485,088.00 ) Oil Sales 2,213.77 0.00 5,104.53 3,020.93 5,894.16 9,425.05 6,181.60 3,127.55 6,762.65 6,762.65 6,651.21 8,873.20 64,017.30 Gas Sales 1,177.90 1,123.27 1,004.20 655.78 1,137.35 679.88 506.62 706.39 802.23 2,113.82 1,116.04 1,367.76 12,391.24 Total Sales 3,391.67 1,123.27 6,108.73 3,676.71 7,031.51 10,104.93 6,688.22 3,833.94 7,564.88 8,876.47 7,767.25 10,240.96 76,408.54 LOE 4,598.54 5,778.13 16,942.43 21,213.88 11,190.91 18,803.46 8,452.30 5,285.58 4,980.12 5,462.87 7,739.36 2,564.11 113,001.69 CapX 0.00 0.00 473.04 2,540.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,013.56 Total Costs 4,598.54 5,778.13 17,415.47 23,754.40 11,190.91 18,803.46 8,452.30 5,285.58 4,980.12 5,462.87 7,739.36 2,564.11 116,015.25 Net Profit (1,206.87 ) (4,654.86 ) (11,306.74 ) (20,077.69 ) (4,159.40 ) (8,698.53 ) (1,764.08 ) (1,451.64 ) 2,584.75 3,413.60 27.89 7,686.55 (39,806.71 ) Cumulative Payout (1,486,294.87 ) (1,4?0,948.73 ) (1,502,256.47 ) (1,522,334.16 ) (1,526,493.56 ) (1,535,192.09 ) (1,535,956.17 ) (1,538,407.?? ) (1,535,823.05 ) (1,532,409.45 ) (1,532.381.56 ) (1,524,694.71 ) (1,524,694.71 ) Oil Sales 3,811.42 4,326.91 7,457.94 6,201.51 6,390.93 0.00 6,353.?? 8,992.41 (1,067.92 ) 0.00 2,948.54 248.13 45,663.80 Gas Sales 1,887.96 1,857.98 2,146.79 1,243.48 1,406.45 1,426.38 1,47?.?? 529.06 301.24 1,064.04 273.89 575.36 14,188.21 Total Sales 5,699.38 6,184.89 9,604.73 7,444.99 7,797.38 1,426.38 7,829.51 9,521.47 (766.68 ) 1,064.04 3,222.43 823.49 59,852.01 LOE 5,851.76 4,139.63 3,684.51 10,602.00 10,424.90 5,219.57 7,540.72 6,285.93 4,092.38 (1,289.30 ) 6,185.20 3,942.22 66,679.52 CapX 0.00 0.00 98.50 0.00 0.00 0.00 0.00 0.00 0.00 331.36 132,000.15 0.00 132,430.01 Total Costs 5,851.76 4,139.63 3,783.11 10,602.00 10,424.90 5,219.57 7,540.72 6,285.93 4,092.38 (967.94 ) 138,185.35 3,942.22 199,109.53 Net Profit (152.38 ) 2,045.26 5,821.62 (3,157.01 ) (2,627.52 ) (3,793.19 ) 288.79 3,235.54 (4,859.06 ) 2,021.98 (134,962.92 ) (3,118.73 ) (139,257.52 ) Cumulative Payout (1,524,847.09 ) (1,522,801.83 ) (1,516,980.21 ) (1,520,137.22 ) (1,522,764.74 ) (1,526,557.93 ) (1,526.269.14