SCHEDULE to the ISDA MASTER AGREEMENT dated as of June 30, 2004 and Amended and Restated as of August 16, 2005 between J. ARON & COMPANY, a general partnership organized under the laws of the State of New York (J. Aron), and BELDEN & BLAKE CORPORATION, a corporation organized under the laws of the State of Ohio (as successor to Capital C Ohio, Inc.), (Belden & Blake).

Exhibit 10.2

SCHEDULE

to the

ISDA MASTER AGREEMENT

dated as of

June 30, 2004 and

Amended and Restated as of August 16, 2005

between

J. ARON & COMPANY,

a general partnership organized under the laws of the State of New York

(“J. Aron”),

and

BELDEN & BLAKE CORPORATION, a corporation organized under the laws of the State of Ohio (as
successor to Capital C Ohio, Inc.),

(“Belden & Blake”).

Part 1. Termination Provisions.

“Specified Indebtedness” will have the meaning specified in Section 14 of the Agreement.

(iv) Credit Event Upon Merger. If “Credit Event Upon Merger” is specified in the Schedule as applying to the party, such party (“X”), any Credit Support Provider of X (other than a subsidiary of Belden & Blake) or any applicable Specified Entity of X (A) consolidates or amalgamates with, or merges with or into, another entity, (B) transfers all or a substantial portion of its assets (it being understood that for this purpose “a substantial portion” means assets having an aggregate value of 40% or more of the total consolidated assets of Belden & Blake) to, another entity, (C) reorganizes, incorporates, or reconstitutes into or as, another entity, (D) effectuates a recapitalization, liquidating dividend, leveraged buy-out, other similarly highly-leveraged transaction, (E) redeems any indebtedness (other than, in the case of Belden & Blake, its 8.75% Senior Secured Notes due 2012), or (F) purchases any of its equity, and in each case such action does not constitute an event described in Section 5(a)(viii) but the creditworthiness of the resulting, surviving or transferee entity is materially weaker than that of X, such Credit Support Provider or such Specified Entity, as the case may be, immediately prior to such action (and, in such event, X or its successor or transferee, as appropriate, will be the Affected Party).

“(ix) Additional Events of Default With Respect to Belden & Blake:

Part 2. Tax Representations.

It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Section 2(e), 6(d)(ii), or 6(e) of this Agreement) to be made by it to the other party under this Agreement. In making this representation, it may rely on (i) the accuracy of any representations made by the other party pursuant to Section 3(f) of this Agreement, (ii) the satisfaction of the agreement contained in Section 4(a)(i) or 4(a)(iii) of this Agreement, and the accuracy and effectiveness of any document provided by the other party pursuant to Section 4(a)(i) or 4(a)(iii) of this Agreement, and (iii) the satisfaction of the agreement of the other party contained in Section 4(d) of this Agreement, provided that it shall not be a breach of this representation where reliance is placed on clause (ii) and the other party does not deliver a form or document under Section 4(a)(iii) by reason of material prejudice to its legal or commercial position.

Part 3. Agreement to Deliver Documents

(a) For the purpose of Section 4(a):

Tax forms, documents, or certificates to be delivered are:

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Part 4. Miscellaneous

Address for notices or communications to J. Aron:

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Address for notices or communications to Belden & Blake:

J. Aron appoints as its Process Agent: Not applicable.

Belden & Blake appoints as its Process Agent: Not applicable.

J. Aron is not a Multibranch Party.

Belden & Blake is not a Multibranch Party.

With respect to Belden & Blake, any guaranty or other form of credit support provided on behalf of Belden & Blake at any time shall constitute a Credit Support Document with respect to the obligations of Belden & Blake. Each of the Collateral Trust Agreement and the mortgages, security agreements and pledge agreements constituting Security Documents (as defined in the Collateral Trust Agreement), other than any such Security Documents that do not secure Hedge Agreement Obligations (as defined in the Collateral Trust Agreement) (collectively referred to herein as the “Collateral Documents”) shall constitute Credit Support Documents with respect to Belden & Blake. Belden & Blake and J. Aron acknowledge and agree that such Collateral Documents constitute a source of credit support for the obligations of Belden & Blake that is separate from, independent of, and not limited by, the Credit Support Annex.

Credit Support Provider means in relation to J. Aron, Goldman Group.

Credit Support Provider means in relation to Belden & Blake, each of the wholly owned subsidiaries of Belden & Blake that are Guarantors under the Borrowing Base Facility and any party that at any time provides a guaranty or other form of credit support on behalf of Belden & Blake but shall not include any issuer of a Letter of Credit under the terms of the Credit Support Annex.

Part 5. Other Provisions.

“(f) Upon the occurrence of an Event of Default or Termination Event under Section 5(b)(iv) with respect to a party (“X”), the other party (“Y”) will have the right (but not be obliged) without prior notice to X or any other person to set-off or apply any obligation of X owed to Y (whether or not matured or contingent and whether or not arising under this Agreement, and regardless of the currency, place of payment or booking office of the obligation) against any obligation of Y owed to X (whether or not matured or contingent and whether or not arising under this Agreement, and regardless of the currency, place of payment or booking office of the obligation). Y will give notice to the other party of any set-off effected under this Section 6(f).

Amounts (or the relevant portion of such amounts) subject to set-off may be converted by Y into the Termination Currency at the rate of exchange at which such party would be able, acting in a reasonable manner and in good faith, to purchase the relevant amount of such currency.

If any obligation is unascertained, Y may in good faith estimate that obligation and set-off in respect of the estimate, subject to the relevant party accounting to the other when the obligation is ascertained.

Nothing in this Section 6(f) shall be effective to create a charge or other security interest. This Section 6(f) shall be without prejudice and in addition to any right of set-off, combination of accounts, lien or other right to which any party is at any time otherwise entitled (whether by operation of law, contract or otherwise).”

“On or promptly following a Trade Date of a Transaction, J. Aron will send to Belden & Blake a Confirmation. Belden & Blake will promptly thereafter confirm the accuracy of, or require the correction of, such Confirmation. If any disputes shall arise as to whether an error exists in a Confirmation, the parties shall in good faith make reasonable efforts to resolve the dispute. If Belden & Blake fails to accept or dispute the Confirmation in the manner described above within five (5) Local Business Days after such Confirmation was sent by J. Aron, the Confirmation shall be deemed to correctly reflect the parties’ agreement on the terms of the Transaction referred to therein, absent manifest error.

“Borrowing Base Facility” means the First Amended and Restated Credit Agreement dated as of August 16, 2005 among Belden & Blake, certain of its subsidiaries as guarantors, the lender parties thereto, and BNP Paribas, as administrative agent, as the same may be amended, modified, or supplemented from time to time.

“Capital Lease” means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee that, in conformity with U.S. generally accepted accounting principles consistently applied, is or should be accounted for as a capital lease on the balance sheet of that Person.

“Collateral Trust Agreement” has the meaning specified in the Borrowing Base Facility.

“Change of Control” means the failure at any time of EnerVest Management Partners, Ltd. to serve as either the investment manager, general partner or managing member of the fund or funds that singly or in aggregate own not less than 60% on a fully diluted basis of the economic and voting interests in the capital stock of Belden & Blake.

“Hedging Policies” means the hedging policies of Belden & Blake as set forth in Exhibit A hereto.

“Lien” means (i) any lien, mortgage, pledge, assignment, security interest, charge or encumbrance of any kind (including any agreement to give any of the foregoing, any conditional sale or other title retention agreement, and any lease in the nature thereof) and any option, trust or other preferential arrangement having the practical effect of any of the foregoing and (ii) in the case of Securities, any purchase option, call or similar right of a third party with respect to such Securities.

“Indebtedness”, as applied to any Person, means, without duplication, (i) all indebtedness for borrowed money; (ii) that portion of obligations with respect to Capital Leases that is properly classified as a liability on a balance sheet in conformity with United States generally accepted accounting principles; (iii) notes payable and drafts accepted representing extensions of credit whether or not representing obligations for borrowed money; (iv) any obligation owed for all or any part of the deferred purchase price of property or services (excluding any such obligations incurred under the Employment Retirement Income Security Act of 1974, as amended from time to time), which purchase price is (a) due more than six months from the date of incurrence of the obligation in respect thereof or (b) evidenced by a note or similar written instrument; (v) all indebtedness secured by any Lien on any property or asset owned or held by that person regardless of whether the indebtedness secured thereby shall have been assumed by that person or is nonrecourse to the credit of that person; (vi) the face amount of any letter of credit issued for the account of that person or as to which that person is otherwise liable for reimbursement of drawings; (vii) the direct or indirect guaranty, endorsement (otherwise than for collection or deposit in the ordinary course of business), co-making, discounting with recourse or sale with recourse by such person of the obligation of another; (viii) any obligation of such person the primary purpose or intent of which is to provide assurance to an obligee that the obligation of the obligor thereof will be paid or discharged, or any agreement relating thereto will be complied with, or the holders thereof will be protected (in whole or in part) against loss in respect thereof; (ix) any liability of such person for an obligation of another through any agreement (contingent or otherwise) (a) to purchase, repurchase or otherwise acquire such obligation or any security therefor, or to provide funds for the payment or discharge of such obligation (whether in the form of loans, advances, stock purchases, capital contributions or otherwise) or (b) to maintain the solvency or any balance sheet item, level of income or financial condition of another if, in the case of any agreement described under subclauses (a) or (b) of this clause (ix), the primary purpose or intent thereof is as described in clause (viii) above; and (x) all obligations of such person in respect of any exchange traded or over the counter derivative transaction whether entered into for hedging or speculative purposes.

“Other Permitted Second Priority Secured Indebtedness” means the 8.75% Senior Secured Notes due 2012 and any other Parity Lien Debt (as defined in the Collateral Trust Agreement), other than any Indebtedness arising under this Agreement.

“Parent Equity” means any capital contributions made or shares of capital stock or other equity interests purchased by any direct or indirect owner of Belden & Blake’s equity interests on or after the date hereof.

“Parent Indebtedness” means any Indebtedness owing by Belden & Blake or any of its Subsidiaries to any direct or indirect owner of Belden & Blake’s equity interests which is subordinated to the Indebtedness of Belden & Blake under this Agreement in a manner satisfactory to J. Aron in its reasonable discretion.

“Permitted First Priority Secured Indebtedness” means all Obligations (as defined in the Borrowing Base Facility) and any other Priority Lien Debt (as defined in the Collateral Trust Agreement), which, in the case of transactions that fall within clause (x) of the definition of Indebtedness, are Permitted Hedge Transactions and which in the case of funded debt for money borrowed under the Borrowing Base Facility do not in aggregate exceed the sum of (A) the difference between (i) $215 million minus (ii) 70% of all Other Permitted Second Priority Secured Indebtedness plus (B) amounts attributable to increases in the “Borrowing Base” (as defined in the Borrowing Base Facility but without regard to clause (b) of such definition)under the Borrowing Base Facility arising after the date of this Amended and Restated Agreement in accordance with the terms of the Borrowing Base Facility (it being understood that for this purpose such amount shall be determined in accordance with the Closing Date Standards).

“Permitted Hedge Transactions” means forwards, options or swaps in or in respect of commodities or in or in respect of interest rates or currencies (collectively, “Hedge Transactions”) that (i) are entered into by Belden & Blake after the date of this Amended and Restated Schedule and (ii) which, when aggregated with all outstanding Hedge Transactions, comply with the terms of the Hedging Policies and would not cause Belden & Blake not to be in compliance with the Hedging Policies.

“Permitted Second Priority Secured Indebtedness” means (i) the obligations of Belden & Blake under this Agreement, (ii) the obligations of Belden & Blake under the BNP Swap, if applicable (as defined in the Borrowing Base Facility as in effect on the date hereof), and (iii) Other Permitted Second Priority Secured Indebtedness.

“Person” means and includes natural persons, corporations, limited partnerships, general partnerships, limited liability companies, limited liability partnerships, joint stock companies, joint ventures, associations, companies, trusts, banks, trust companies, land trusts, business trusts or other organizations, whether or not legal entities, and governmental authorities.

“Securities” means any stock, shares, partnership interests, voting trust certificates, certificates of interest or participation in any profit-sharing agreement or arrangement, options, warrants, bonds, debentures, notes, or other evidences of indebtedness, secured or unsecured, convertible, subordinated or otherwise, or in general any instruments commonly known as “securities” or any certificates of interest, shares or participations in temporary or interim certificates for the purchase or acquisition of, or any right to subscribe to, purchase or acquire, any of the foregoing.

IN WITNESS WHEREOF, the parties have executed this document on the respective dates specified below with effect from the date specified on the first page of this document.

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Exhibit A

Hedging Policies

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