Master Conveyance Agreement between Shana Petroleum Company and Shana National LLC (September 12, 2001)

Contract Categories: Business Finance › Assignment Agreements
Summary

Shana Petroleum Company, a Mississippi corporation, transfers all its rights, title, and interest in certain oil, gas, and mineral properties, along with related assets and records, to Shana National LLC, a Delaware limited liability company. The agreement covers various property interests, equipment, contracts, and records, and is effective as of May 1, 2001. The assets are conveyed "as is, where is," with limited warranties, and the buyer assumes all risks regarding the condition and value of the assets. The agreement was executed on September 12, 2001.

Read More Arrow
EX-10.40 11 d92229ex10-40.txt MASTER CONVEYANCE EXHIBIT 10.40 MASTER CONVEYANCE SHANA PETROLEUM COMPANY, a Mississippi corporation (herein called "Grantor"), whose address is c/o Icahn Associates Corp., 767 Fifth Avenue, 47th Floor, New York, New York 10153, for Ten Dollars and other good and valuable considerations (the receipt and sufficiency of which is hereby acknowledged), does hereby GRANT, BARGAIN, SELL, CONVEY, ASSIGN, TRANSFER, SET OVER, and DELIVER unto SHANA NATIONAL LLC, a Delaware limited liability company whose address is c/o Icahn Associates Corp., 767 Fifth Avenue, 47th Floor, New York, New York 10153 (herein called "Grantee") the following described properties, rights and interests (the "Assets"): (a) All of Grantor's undivided right, title and interest in and to each of the properties described in Exhibit A hereto and all associated oil, gas and/or mineral leases and any ratification's and/or amendments to such leases; and (b) Without limitation of the foregoing, all of Grantor's right, title and interest (of whatever kind or character, whether legal or equitable, and whether vested or contingent) in and to the oil, gas and other minerals in and under or that may be produced from the properties described in Exhibit A hereto, including, without limitation, interests in all oil, gas and/or mineral leases covering such properties, overriding royalties, production payments and net profits interests, fee mineral interests, fee royalty interests and all other interests in such oil, gas and other minerals, even though Grantor's interest in such oil, gas and other minerals may be incorrectly described in, or omitted from, such Exhibit A; and (c) All of Grantor's right, title and interest in and to, or otherwise derived from, all presently existing and valid oil, gas and/or mineral unitization, pooling, and/or communitization agreements, declarations and/or orders and in and to the oil and gas properties covered and the units created thereby (including, without limitation, all units formed under orders, rules, regulations, or other official acts of any federal, state, or other authority having jurisdiction, and voluntary unitization agreements, designations and/or declarations) relating to the properties described in subsections (a) and (b) above; and (d) All of Grantor's right, title and interest in and to all presently existing and valid rights-of-way and easements, production sales contracts, operating agreements, unit agreements and other agreements and contracts which relate to any of the oil and gas properties described herein; and (e) All of Grantor's right, title and interest in and to all materials, supplies, machinery, equipment, improvements and other personal property and fixtures (including, but not by way of limitation, all wells, wellhead equipment, pumping units, flowlines, tanks, buildings, injection facilities, saltwater disposal facilities, compression facilities, gathering systems, and other equipment) located on the properties described in subsections (a), (b) and (c) above and/or used in connection with the exploration, development, operation or maintenance thereof and (f) All of Grantor's interest in the operating agreements and certain oil and gas production, gas gathering, transportation, treating, processing and similar such contracts pertaining to the oil and gas properties described herein, which contracts are separately identified and assigned by Grantor to Grantee by a separate instrument between the parties; and (g) All proceeds, benefits, income or revenue attributable to the properties described herein from and after May 1, 2001 at 7:00 a.m. local time at the location of the Assets, and received in connection with accounts relating to the properties (including joint interest billings under applicable operating agreements and proceeds from the sale of oil and gas attributable to the properties from and after May 1, 2001 at 7:00 a.m. local time at the location of the Assets); and (h) All of Grantor's lease files, abstracts and title opinions, production records, well files, accounting records (but not including general financial accounting or tax accounting records), electric logs and all other logs, engineering files, geological and geophysical data, maps, interpretations and records (subject to any contractual or other restrictions relating to the transfer of such data, maps, interpretations and records), and other files, documents and records which directly relate to the oil and gas properties described herein, subject to Grantor's right to retain copies of the same; and (i) All of Grantor's interest in the securities of Navidad Production Company. TO HAVE AND TO HOLD the Assets unto Grantee, its successors and assigns, forever. THIS CONVEYANCE IS MADE WITHOUT WARRANTIES OR REPRESENTATIONS OF ANY KIND, ALL REPRESENTATIONS AND WARRANTIES BEING EXPRESSLY DISCLAIMED, EXCEPT THAT GRANTOR WARRANTS AND AGREES TO DEFEND TITLE TO THE ASSETS AGAINST THE LAWFUL CLAIMS AND DEMANDS OF ALL PERSONS CLAIMING THE SAME OR ANY PART THEREOF BY, THROUGH, OR UNDER GRANTOR, BUT NOT OTHERWISE, AND SPECIFICALLY IN THIS CONNECTION, BUT WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, ALL EQUIPMENT, OTHER PERSONAL PROPERTY, AND FIXTURES SOLD AND CONVEYED TO GRANTEE ARE SOLD AND CONVEYED ON AN "AS IS" AND "WHERE IS" BASIS, AND GRANTOR EXPRESSLY DISCLAIMS ANY AND ALL SUCH OTHER REPRESENTATIONS AND WARRANTIES. WITHOUT LIMITATION OF THE FOREGOING, THE ASSETS SHALL BE CONVEYED PURSUANT HERETO WITHOUT ANY WARRANTY OR REPRESENTATION, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, RELATING TO THE CONDITION, QUANTITY, QUALITY, FITNESS FOR A PARTICULAR PURPOSE, CONFORMITY TO THE MODELS OR SAMPLES OF MATERIALS OR MERCHANTABILITY OF ANY EQUIPMENT OR ITS FITNESS FOR ANY PURPOSE WITHOUT ANY OTHER EXPRESS, IMPLIED, STATUTORY OR OTHER WARRANTY OR REPRESENTATION WHATSOEVER. GRANTEE SHALL HAVE INSPECTED, OR WANED (AND UPON CLOSING SHALL BE DEEMED TO HAVE WANED) ITS RIGHT TO INSPECT, THE ASSETS FOR ALL PURPOSES AND SATISFIED ITSELF AS TO THEIR PHYSICAL AND ENVIRONMENTAL CONDITION, BOTH SURFACE AND SUBSURFACE, INCLUDING BUT NOT LIMITED TO CONDITIONS SPECIFICALLY RELATED TO THE PRESENCE, RELEASE OR DISPOSAL OF HAZARDOUS SUBSTANCES, SOLID WASTES, ASBESTOS OR OTHER MANMADE FIBERS OR NATURALLY OCCURRING RADIOACTIVE MATERIALS ("NORM") IN, ON OR UNDER THE ASSETS. GRANTEE IS RELYING SOLELY UPON ITS OWN INSPECTION OF THE ASSETS, AND GRANTEE SHALL ACCEPT ALL OF THE SAME IN THEIR "AS IS, WHERE IS" CONDITION. ALSO WITHOUT LIMITATION OF THE FOREGOING, GRANTOR MAKES NO WARRANTY OR REPRESENTATION, EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, AS TO THE ACCURACY OR COMPLETENESS OF ANY DATA, REPORTS, RECORDS, PROJECTIONS, INFORMATION OR MATERIALS NOW, HERETOFORE OR HEREAFTER FURNISHED OR MADE AVAILABLE TO GRANTEE IN CONNECTION WITH THIS CONVEYANCE INCLUDING, WITHOUT LIMITATION, RELATIVE TO PRICING ASSUMPTIONS, OR QUALITY OR QUANTITY OF HYDROCARBON RESERVES (IF ANY) ATTRIBUTABLE TO THE ASSETS OR THE ABILITY OR POTENTIAL OF THE ASSETS TO PRODUCE HYDROCARBONS OR THE ENVIRONMENTAL CONDITION OF THE ASSETS OR ANY OTHER MATTERS CONTAINED IN THE PROPRIETARY DATA OR ANY OTHER MATERIALS FURNISHED OR MADE AVAILABLE TO GRANTEE BY GRANTOR OR BY 2 GRANTOR'S AGENTS OR REPRESENTATIVES. ANY AND ALL SUCH DATA, RECORDS, REPORTS, PROJECTIONS, INFORMATION AND OTHER MATERIALS (WRITTEN OR ORAL) FURNISHED BY GRANTOR OR OTHER WISE MADE AVAILABLE OR DISCLOSED TO GRANTEE SHALL NOT CREATE OR GIVE RISE TO ANY LIABILITY OF OR AGAINST GRANTOR AND ANY RELIANCE ON OR USE OF THE SAME SHALL BE AT GRANTEE'S SOLE RISK TO THE MAXIMUM EXTENT PERMITTED BY LAW. This conveyance us made with subrogation of Grantee as to any representations and warranties heretofore made by others relative to the Assets. IN WITNESS WHEREOF this Conveyance has been executed and delivered on September 12, 2001, effective as to runs of oil and deliveries of gas, and for all other purposes, as of 7:00 a.m. local time at the locations of the Assets, respectively on May 1, 2001. GRANTOR: SHANA PETROLEUM COMPANY By: /s/ EDWARD E. MATTNER -------------------------------- Name: Edward E. Mattner Title: President GRANTEE: SHANA NATIONAL LLC By: Shana Petroleum Company, Member By: /s/ EDWARD E. MATTNER -------------------------------- Name: Edward E. Mattner Title: President [MASTER CONVEYANCE SHANA PETROLEUM - SHANA NAT'L] ACKNOWLEDGMENT STATE OF NEW YORK ) ) COUNTY OF NEW YORK ) Before me, the undersigned Notary Public in and for said County and State on this day personally appeared Edward E. Mattner, to me personally known, who, being by me fully sworn, did say that he is the President of Shana Petroleum Company, a Mississippi corporation, and that the foregoing instrument was signed on behalf of the corporation as the free act and deed of the corporation. Given under my hand and official seal this 12th day of September, 2001. /s/ DOLORES TOOMEY ---------------------------------------------- Notary Public in and for the State of New York DOLORES TOOMEY NOTARY PUBLIC, STATE OF NEW YORK NO. 41 ###-###-#### QUALIFIED IN QUEENS County COMMISSION EXPIRES MAY 31, 2002 EXHIBIT A SHANA PETROLEUM COMPANY, PROPERTIES CONTRIBUTED TO NEG HOLDING LLC MAY 1,2001 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- -------------- ------------------------ ------------------------ ----------- AR COLUMBIA DORCHEAT MACEDON KEITH D-1 30375 AR COLUMBIA MT VERNON - COLUMBIA/AR LONGINO - LEWIS 3 30361 AR COLUMBIA MT VERNON - COLUMBIA/AR ALDRIDGE 1 30371 AR COLUMBIA MT VERNON - COLUMBIA/AR DICKSON W E ESTATE 1 30372 AR COLUMBIA MT VERNON - COLUMBIA/AR EDDY - HORTON 1 30373 AR COLUMBIA MT VERNON - COLUMBIA/AR LONGINO - LEWIS 2 SWD 30376 AR COLUMBIA MT VERNON - COLUMBIA/AR NIX ESTATE - CHARLES 1 30377 AR COLUMBIA MT VERNON - COLUMBIA/AR SHAW - HANSON 1 30378 AR COLUMBIA HENDERSON CREEK MCCLURKIN-BAILY 3 30027 AR COLUMBIA/UNION MCLENDON BRANCH AUBREY 3 30065 AR COLUMBIA/UNION MCLENDON BRANCH AUBREY 4 30066 AR COLUMBIA/UNION MCLENDON BRANCH GRAYSON 1 30067 AR COLUMBIA/UNION MCLENDON BRANCH KENDRICK ESTATE 1 30068 AR COLUMBIA/UNION MCLENDON BRANCH WB-NATURAL RESOURCES 1 30069 AR CRAWFORD CECIL HUGGINS 1-23 30011 AR CRAWFORD DYER ALEXANDER 5-34 30013 AR CRAWFORD DYER ALEXANDER 8-34 30014 AR CRAWFORD DYER L & W CATTLE CO 1-34 30015 AR CRAWFORD DYER MARLAR 1-34 30016 AR FRANKLIN PETER PENDER PRICE UNIT 1-35 30374 AR JOHNSON KNOXVILLE TILLMAN 1-14 30028 AR LAFAYETTE LEWISVILLE LEWISVILLE GAS PLANT 25% 30029 AR LAFAYETTE LEWISVILLE LEWISVILLE GAS PLANT 75% 30030 AR LAFAYETTE LEWISVILLE LSLU 30031 AR LAFAYETTE LEWISVILLE LEWISVILLE LIME UNIT 30360 AR LAFAYETTE LEWISVILLE W BUTLER 1 30032 AR LAFAYETTE LEWISVILLE W WLSLU 30033 AR LAFAYETTE LEWISVILLE W BUTLER 2 30344 AR LAFAYETTE MCKAMIE-PATTON JAMES LIME UNIT & TRACTS 30341 AR LAFAYETTE MCKAMIE-PATTON BODCAW A-1 SWD 30034 AR LAFAYETTE MCKAMIE-PATTON BODCAW A-2 30035 AR LAFAYETTE MCKAMIE-PATTON BODCAW A-4 30036 AR LAFAYETTE MCKAMIE-PATTON BODCAW B-1 30037 AR LAFAYETTE MCKAMIE-PATTON BODCAW C-1 30038 AR LAFAYETTE MCKAMIE-PATTON BODCAW C-2 30039 AR LAFAYETTE MCKAMIE-PATTON BODCAW D-1 30040
1 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- ------ -------- -------- ----------- AR LAFAYETTE McKAMIE-PATTON BODCAW E-1 30041 AR LAFAYETTE McKAMIE-PATTON BODCAW F-1 30042 AR LAFAYETTE McKAMIE-PATTON BODCAW G-1 30043 AR LAFAYETTE McKAMIE-PATTON BODCAW GL-2 30044 AR LAFAYETTE McKAMIE-PATTON BODCAW H-1 30045 AR LAFAYETTE McKAMIE-PATTON BODCAW I-1 30046 AR LAFAYETTE McKAMIE-PATTON BODCAW L-1 30047 AR LAFAYETTE McKAMIE-PATTON BODCAW M-1 30048 AR LAFAYETTE McKAMIE-PATTON BODCAW N-1 30049 AR LAFAYETTE McKAMIE-PATTON BODCAW Q-1 30050 AR LAFAYETTE McKAMIE-PATTON BODCAW S-1 30051 AR LAFAYETTE McKAMIE-PATTON BODCAW U-1 30052 AR LAFAYETTE McKAMIE-PATTON BODCAW V-1 30053 AR LAFAYETTE McKAMIE-PATTON BODCAW Y-1 30054 AR LAFAYETTE McKAMIE-PATTON CORNELIUS D-1 30055 AR LAFAYETTE McKAMIE-PATTON CORNELIUS G-1 30056 AR LAFAYETTE McKAMIE-PATTON HAMES A 30057 AR LAFAYETTE McKAMIE-PATTON JAMES LIME UNIT TRACT 17 30058 AR LAFAYETTE McKAMIE-PATTON JAMES LIME UNIT TRACT 22 30059 AR LAFAYETTE McKAMIE-PATTON JAMES LIME UNIT TRACT 27 30060 AR LAFAYETTE McKAMIE-PATTON JAMES LIME UNIT TRACT 35 30061 AR LAFAYETTE McKAMIE-PATTON JAMES LIME UNIT TRACT 36 30062 AR LAFAYETTE McKAMIE-PATTON JAMES LIME UNIT TRACT 50 30063 AR LAFAYETTE McKAMIE-PATTON JAMES LIME UNIT TRACT 51 30064 AR LAFAYETTE MT VERNON BODCAW BANK 1 30343 AR LAFAYETTE MT VERNON FISHER - HANSON 2 30368 AR LAFAYETTE MT VERNON BROWNING - DANIEL 1 30370 AR LAFAYETTE McKAMIE PATTON BODCAW UNIT 30395 AR MILLER FOUKE W FOUKE A 1 30348 AR MILLER FOUKE W FOUKE M TRUST 1 30349 AR MILLER FOUKE W HAYDEN HEIRS 1 30350 AR MILLER FOUKE W HAYDEN HEIRS 2 30351 AR MILLER FOUKE W INT PAPER CO 1 30357 AR MILLER FOUKE W INT PAPER CO 3 30374 AR MILLER HARMONY GROVE MUDFORD 1 30364 AR MILLER PAUP SPUR GIBSON 1 30073
2 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- ----------------------- ----------------------- ----------------------- ------------ AR OUACHITA GUM CREEK CROWLEY A-1 30017 AR OUACHITA GUM CREEK CROWLEY A-2 30018 AR OUACHITA GUM CREEK ROSEN B-1 30019 AR OUACHITA GUM CREEK RUSSELL B-3 30020 AR OUACHITA GUM CREEK RUSSELL-SMITH 1,2,3 30021 AR OUACHITA GUM CREEK RUSSELL-SMITH 4 30022 AR OUACHITA GUM CREEK SOUTHERN 5 30023 AR OUACHITA GUM CREEK SOUTHERN SWD 30024 AR OUACHITA GUM CREEK THOMPSON A-3 30025 AR OUACHITA GUM CREEK THOMPSON SWD 30026 AR OUACHITA GUM CREEK BEARDEN A-3 30342 AR OUACHITA GUM CREEK ROSEN 1 30366 AR OUACHITA GUM CREEK CROWLEY 1 30367 AR OUACHITA PACE CITY PACE 1 30070 AR OUACHITA PACE CITY WILSON 1 30071 AR OUACHITA PACE CITY WILSON 3 30072 AR OUACHITA PACE CITY PACE 3 30365 AR OUACHITA WESGUM WESGUM SMACK LIME UN 30075 AR POPE DOVER (MORELAND) MYERS UNIT 1-5 30012 AR UNION BEECH CREEK WEST CALDWELL 1 30329 AR UNION BEECH CREEK WEST CALDWELL 2 30330 AR UNION BEECH CREEK WEST CALDWELL 3 30331 AR UNION BEECH CREEK WEST GRIFFIN 1 30333 AR UNION BEECH CREEK WEST HINES 2 30334 AR UNION BEECH CREEK WEST HINES 4 - SWD 30335 AR UNION BEECH CREEK WEST PICKERING 1 30338 AR UNION BERT CREEK MAHONY 1 30339 AR UNION BERT CREEK FITE 1 30369 LA BEAUREGARD SKINNER LAKE COLUMBIA LAND & TIMBER 30379 LA DE SOTO LOGANSPORT MCCOY 1 30363 LA LIVINGSTON LOCKHART CROSSING GAUGIN 1 (2ND WX SU?) 30400 LA LIVINGSTON LOCKHART CROSSING LINDER ROAD FACILITY 30401 LA LIVINGSTON LOCKHART CROSSING LKTX 1ST WX UNIT 30402 LA LIVINGSTON LOCKHART CROSSING SULLIVAN 1 (3RD WX SUA) 30403 LA REDRIVER GAHAGAN HUCKABAY 1-HOSS RA SUL 30077 LA REDRIVER GAHAGAN HUCKABAY 1-D 30078
3 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- -------------- ------------------------ ------------------------ ----------- LA STHELENA GREENSBURG HANKS 1 PA ET AL 30079 LA TERREBONNE BAYOU PENCHANCT LA TERRE INC 36 30358 MS ADAMS COURTLAND NE USA CF 1 30084 MS ADAMS COURTLAND NE USA CF 2 30085 MS ADAMS COURTLAND NE USA CF 3 SWD 30086 MS ADAMS QUITMAN BAYOU W JUNKIN FRANK 3 30090 MS ADAMS WOODLANDS E COLEMAN UNIT 2 30091 MS ADAMS WOODLANDS E TECTON-COLEMAN-BROWN 1 30092 MS ADAMS WOODLANDS EAST HODGES 1 SWDW 30353 MS CLARKE MISCELLANEOUS-MS ENTERPRISE 30381 MS FRANKLIN GARDEN CITY BRUMFIELD 1,2 30087 MS FRANKLIN GARDEN CITY BRUMFIELD 3-SWD 30088 MS JASPER MCNEAL GRIFFIN 1 30089 OK GARFIELD KREMLIN BAKER-2 30094 OK GARFIELD KREMLIN BAKER B A-1 30095 OK GARFIELD KREMLIN BITTLE 2 30096 OK GARFIELD KREMLIN EBY K LSE 94-1,2,3,4 30097 OK GARFIELD KREMLIN KREMLIN N MISENER UN 30098 OK GRADY GOLDEN TREND STERR 1-25 30093 OK GRADY MINCO W WEHLING 1-21 30100 OK GRADY WATONGA-CHICKASHA CARLIN FARMS 1-30 30382 OK GRADY WATONGA-CHICKASHA GREGORY 1-27 30101 OK GRADY WATONGA-CHICKASHA LYONS 1 30102 OK GRADY WATONGA-CHICKASHA MEDLIN 1 30103 OK GRADY WATONGA-CHICKASHA RAYE 1-27 30104 OK GRADY WATONGA-CHICKASHA VERDEN 63 2A-I 30105 OK MCCLAIN LINDSEY NE BRIDWELL A 1-28 30099 OK MCCLAIN/GRADY WATONGA-CHICKASHA VERDEN 63 2A-II 30106 TX COLORADO ENGLEHART HUDSON B-1 30212 TX COLORADO ENGLEHART JOHNSON E-2 30213 TX COLORADO GARWOOD NW COCHRAN 2 30214 TX COLORADO GARWOOD NW COCHRAN 3 30215 TX COLORADO GARWOOD NW COCHRAN 4 SWD 30388 TX COLORADO MUSTANG CREEK LEHRER WN 2 30216 TX COLORADO MUSTANG CREEK LEHRER-WRIGHT 1 30217 TX COLORADO MUSTANG CREEK LEHRER-WRIGHT 1 30387
4 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- ----------------- ---------------------- ---------------------- ----------- TX COLORADO NADA EAST MCDERMOTT 4 CW 30218 TX COLORADO NADA EAST MCDERMOTT 6 CW SWD 30219 TX COLORADO PAUL BAILY TRUST 1 30222 TX COLORADO PAUL BAILY J.B. TRUSTEE 2U 30223 TX COLORADO PAUL C.M. HAWTHORNE 1 (SWD) 30224 TX COLORADO PAUL HAWTHORNE 2C. 30225 TX COLORADO PROV. CITY NE (NEWFLD) BASS GAS UNIT 1 30227 TX COLORADO PROVIDENT CITY NE RAU 2 SWD CHARLES 30306 TX COLORADO PROVIDENT CITY NE RAU 5 30307 TX COLORADO PROVIDENT CITY NE RAU-ALLEN 1 30308 TX COLORADO PROVIDENT CITY NE RAU CHARLES 8 30389 TX COLORADO SALSA RASMUSSEN 1 30317 TX JACK TOTO LITTLE 30320 TX JACK TOTO RISKY-MONTGOMERY 30325 TX JACKSON TOTO MITCHELL 1A 30321 TX JACKSON TOTO MITCHELL 2B 30322 TX JACKSON TOTO MITCHELL 3C 30323 TX JACKSON TOTO MITCHELL 4B 30324 TX LAVACA PROVIDENT CITY APPLING 1 30228 TX LAVACA PROVIDENT CITY BENNER 1 (SWEPI) 30229 TX LAVACA PROVIDENT CITY BENNER WILLIAM 1 30230 TX LAVACA PROVIDENT CITY IMRIE SELMA 5 (SWEPI) 30232 TX LAVACA PROVIDENT CITY NEUHAUS EA 1 (SWEPI) 30233 TX LAVACA PROVIDENT CITY NEUHAUS ET 7 (SWEPI) 30234 TX LAVACA PROVIDENT CITY NEUHAUS ET 11 (SWEPI) 30235 TX LAVACA PROVIDENT CITY NEUHAUS ET 13 (SWEPI) 30236 TX LAVACA PROVIDENT CITY NEUHAUS FW 1 30237 TX LAVACA PROVIDENT CITY NEUHAUS FW 1 (SWEPI) 30238 TX LAVACA PROVIDENT CITY NEUHAUS FW 2 30239 TX LAVACA PROVIDENT CITY NEUHAUS FW 2 (SWEPI) 30240 TX LAVACA PROVIDENT CITY NEUHAUS FW 3 30241 TX LAVACA PROVIDENT CITY NEUHAUS FW 3 (SWEPI) 30242 TX LAVACA PROVIDENT CITY NEUHAUS FW 4 30243 TX LAVACA PROVIDENT CITY NEUHAUS FW 4D (SWEPI) 30244 TX LAVACA PROVIDENT CITY NEUHAUS FW 5 (WIW) 30245 TX LAVACA PROVIDENT CITY NEUHAUS FW 6 30246
5 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- -------------- ------------------------ -------------------------- ----------- TX LAVACA PROVIDENT CITY NEUHAUS FW 6L (SWEPI) 30247 TX LAVACA PROVIDENT CITY NEUHAUS FW 7 30248 TX LAVACA PROVIDENT CITY NEUHAUS FW 8 (GIW) 30249 TX LAVACA PROVIDENT CITY NEUHAUS FW 9 (WIW) 30251 TX LAVACA PROVIDENT CITY NEUHAUS FW 9 (SWEPI) 30252 TX LAVACA PROVIDENT CITY NEUHAUS FW 11D SWD (SWEPI) 30253 TX LAVACA PROVIDENT CITY NEUHAUS FW 13 (SWEPI) 30254 TX LAVACA PROVIDENT CITY NEUHAUS FW 15 30255 TX LAVACA PROVIDENT CITY NEUHAUS-SANDRA 1 30257 TX LAVACA PROVIDENT CITY PCGU S 1 (SWEPI) 30258 TX LAVACA PROVIDENT CITY PCGU S 4 (SWEPI) 30259 TX LAVACA PROVIDENT CITY PCGU S 5 (SWEPI) 30260 TX LAVACA PROVIDENT CITY PCGU S 6 (SWEPI) 30261 TX LAVACA PROVIDENT CITY PCGU S 13 (SWEPI) 30262 TX LAVACA PROVIDENT CITY PCGU S 14 (SWEPI) 30263 TX LAVACA PROVIDENT CITY PYLE 1 30264 TX LAVACA PROVIDENT CITY PYLE 2-C HB 30265 TX LAVACA PROVIDENT CITY PYLE 2-T HB 30266 TX LAVACA PROVIDENT CITY PYLE 3 HB 30267 TX LAVACA PROVIDENT CITY PYLE 4 30268 TX LAVACA PROVIDENT CITY REXER 2 30269 TX LAVACA PROVIDENT CITY REXER 4 30270 TX LAVACA PROVIDENT CITY ROUSE 5 30271 TX LAVACA PROVIDENT CITY ROUSE S 1 (SWEPI) 30272 TX LAVACA PROVIDENT CITY ROUSE S 2 (SWEPI) 30273 TX LAVACA PROVIDENT CITY ROUSE S 3 (SWEPI) 30274 TX LAVACA PROVIDENT CITY ROUSE S 4 (SWEPI) 30275 TX LAVACA PROVIDENT CITY SCHWARTZ HIRSCH 3 (SWEPI) 30276 TX LAVACA PROVIDENT CITY TRAYLOR ALMA 2 30277 TX LAVACA PROVIDENT CITY TRAYLOR ALMA 4 30278 TX LAVACA PROVIDENT CITY TRAYLOR 6 30279 TX LAVACA PROVIDENT CITY TRAYLOR ALMA 7 30280 TX LAVACA PROVIDENT CITY TRAYLOR AV 9 (SWEPI) 30281 TX LAVACA PROVIDENT CITY TRAYLOR AV 1 30282 TX LAVACA PROVIDENT CITY TRAYLOR 3 30283 TX LAVACA PROVIDENT CITY TRAYLOR S AV 10 (SWEPI) 30284
6 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- -------------- ------------------------ ------------------------ ----------- TX LAVACA PROVIDENT CITY TRAYLOR-MILLER 1 30285 TX LAVACA PROVIDENT CITY TUSA TS 1 30286 TX LAVACA PROVIDENT CITY TUSA TS 2 30287 TX LAVACA PROVIDENT CITY TUSA TS 3 30288 TX LAVACA PROVIDENT CITY TUSA TS 4 30289 TX LAVACA PROVIDENT CITY TUSA TS 7 30290 TX LAVACA PROVIDENT CITY TUSA TS 8 30291 TX LAVACA PROVIDENT CITY TUSA TS 9 30292 TX LAVACA PROVIDENT CITY TUSA JR S 1 (SWEPI) TS 30293 TX LAVACA PROVIDENT CITY WALTERS DOROTHY 2 30294 TX LAVACA PROVIDENT CITY WALTERS DOROTHY 3 30295 TX LAVACA PROVIDENT CITY WALTERS 4-C 30296 TX LAVACA PROVIDENT CITY WALTERS 4-T 30297 TX LAVACA PROVIDENT CITY WALTERS DOROTHY 5 30298 TX LAVACA PROVIDENT CITY WALTERS DOROTHY 6 30299 TX LAVACA PROVIDENT CITY WALTERS (MEC) 1 30300 TX LAVACA PROVIDENT CITY WEST 1 30301 TX LAVACA PROVIDENT CITY NEUHAUS FW 14 30386 TX LAVACA PROVIDENT CITY HANCOCK JOHN W SR A-1 30392 TX LAVACA PROVIDENT CITY SCHWARTZ HIRSCH #2 30393 TX LAVACA PROVIDENT CITY NEUHAUS FW 11 30394 TX LAVACA PROVIDENT CITY TRAYLOR ALMA 11 30405 TX LAVACA PROVIDENT CITY NEUHAUS F W 2 SWD 30406 TX LAVACA PROVIDENT CITY NE DOW 1-T 30302 TX LAVACA PROVIDENT CITY NE DOW 2 30303 TX LAVACA PROVIDENT CITY NE FRC/LITTLE 1 30304 TX LAVACA PROVIDENT CITY NE FRC/LITTLE 2 30305 TX LAVACA PROVIDENT CITY NE STEINMAN ALFRED A 2 30309 TX LAVACA PROVIDENT CITY NE STEINMAN A 3 30310 TX LAVACA PROVIDENT CITY NE STEINMAN A 4 30311 TX LAVACA PROVIDENT CITY NE STEINMAN ALFRED A 5 30312 TX LAVACA PROVIDENT CITY NE STEINMAN DEHY SYSTEM 30313 TX LAVACA PROVIDENT CITY NE STEINMAN E 2 SWD 30314 TX LAVACA PROVIDENT CITY NE STEINMAN E 4T 30315 TX LAVACA PROVIDENT CITY NE STEINMAN E 3 30383 TX LAVACA PROVIDENT CITY NE RAU CHARLES 2 30390
7 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- -------------- ------------------------ ------------------------ ----------- TX LAVACA PROVIDENT CITY NE STEINMAN COMPRESSOR SITE 30391 TX LAVACA PROVIDENT CITY SO HANCOCK B-2 30340 TX MATAGORDA WADSWORTH CORNELIUS A-2 30326 TX MATAGORDA WADSWORTH SAVAGE A-2 30327 TX NUECES CHAPMAN RANCH CHAPMAN JO 17 30110 TX NUECES CHAPMAN RANCH CHAPMAN JO 18 30111 TX NUECES CHAPMAN RANCH CHAPMAN JO 21 30112 TX NUECES CHAPMAN RANCH CHAPMAN JO 24 30113 TX NUECES CHAPMAN RANCH CHAPMAN JO 27F 30114 TX NUECES CHAPMAN RANCH CHAPMAN JO 27H 30115 TX NUECES CHAPMAN RANCH CHAPMAN JO 31 30116 TX NUECES CHAPMAN RANCH CHAPMAN JO 33 30117 TX NUECES CHAPMAN RANCH CHAPMAN JO 38 30118 TX NUECES CHAPMAN RANCH CHAPMAN JO 39 30119 TX NUECES CHAPMAN RANCH CHAPMAN JO 40 30120 TX NUECES CHAPMAN RANCH CHAPMAN JO 41 30121 TX NUECES CHAPMAN RANCH CHAPMAN JO 42 30122 TX NUECES CHAPMAN RANCH CHAPMAN JO 44 30123 TX NUECES CHAPMAN RANCH CHAPMAN JO 46 30124 TX NUECES CHAPMAN RANCH CHAPMAN JO 47 30125 TX NUECES CHAPMAN RANCH CHAPMAN JO 49 30126 TX NUECES CHAPMAN RANCH CHAPMAN JO 52 30127 TX NUECES CHAPMAN RANCH CHAPMAN JO 53 30128 TX NUECES CHAPMAN RANCH CHAPMAN JO 54 30129 TX NUECES CHAPMAN RANCH CHAPMAN JO 55 30130 TX NUECES CHAPMAN RANCH CHAPMAN JO 56 30131 TX NUECES CHAPMAN RANCH CHAPMAN JO 57 30132 TX NUECES CHAPMAN RANCH CHAPMAN JO 59 30133 TX NUECES CHAPMAN RANCH CHAPMAN JO 60 30134 TX NUECES CHAPMAN RANCH CHAPMAN JO 61 30135 TX NUECES CHAPMAN RANCH CHAPMAN JO 64 30136 TX NUECES CHAPMAN RANCH CHAPMAN JO 65 30137 TX NUECES CHAPMAN RANCH CHAPMAN JO 66 30138 TX NUECES CHAPMAN RANCH CHAPMAN JO 67 30139 TX NUECES CHAPMAN RANCH CHAPMAN JO 68 30140 TX NUECES CHAPMAN RANCH CHAPMAN JO 69F 30141
8 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- -------------- ------------------------ ------------------------ ----------- TX NUECES CHAPMAN RANCH CHAPMAN JO 69H 30142 TX NUECES CHAPMAN RANCH CHAPMAN JO 70F 30143 TX NUECES CHAPMAN RANCH CHAPMAN JO 70H 30144 TX NUECES CHAPMAN RANCH CHAPMAN JO 71F 30145 TX NUECES CHAPMAN RANCH CHAPMAN JO 71H 30146 TX NUECES CHAPMAN RANCH CHAPMAN JO 72F 30147 TX NUECES CHAPMAN RANCH CHAPMAN JO 72H 30148 TX NUECES CHAPMAN RANCH CHAPMAN JO 73 30149 TX NUECES CHAPMAN RANCH CHAPMAN JO 73-1 30150 TX NUECES CHAPMAN RANCH CHAPMAN JO 75 30151 TX NUECES CHAPMAN RANCH CHAPMAN JO 76 30152 TX NUECES CHAPMAN RANCH CHAPMAN JO 77 30153 TX NUECES CHAPMAN RANCH CHAPMAN JO 78F 30154 TX NUECES CHAPMAN RANCH CHAPMAN JO 78H 30155 TX NUECES CHAPMAN RANCH CHAPMAN JO 79F 30156 TX NUECES CHAPMAN RANCH CHAPMAN JO 79H 30157 TX NUECES CHAPMAN RANCH CHAPMAN JO 81 30158 TX NUECES CHAPMAN RANCH CHAPMAN JO 82 (WI) 30159 TX NUECES CHAPMAN RANCH CHAPMAN JO 84 30160 TX NUECES CHAPMAN RANCH CHAPMAN JO 85 30161 TX NUECES CHAPMAN RANCH CHAPMAN JO 86 30162 TX NUECES CHAPMAN RANCH CHAPMAN JO 87 30163 TX NUECES CHAPMAN RANCH CHAPMAN JO 89H 30164 TX NUECES CHAPMAN RANCH CHAPMAN JO 94 30165 TX NUECES CHAPMAN RANCH CHAPMAN JO 95 30166 TX NUECES CHAPMAN RANCH CHAPMAN JO 96 30167 TX NUECES CHAPMAN RANCH CHAPMAN JO 98 30168 TX NUECES CHAPMAN RANCH CHAPMAN JO 99 30169 TX NUECES CHAPMAN RANCH CHAPMAN JO 101 30170 TX NUECES CHAPMAN RANCH CHAPMAN JO 102 30171 TX NUECES CHAPMAN RANCH CHAPMAN JO 103 30172 TX NUECES CHAPMAN RANCH CHAPMAN JO 105 30173 TX NUECES CHAPMAN RANCH CHAPMAN JO 106 30174 TX NUECES CHAPMAN RANCH CHAPMAN JO 107 30175 TX NUECES CHAPMAN RANCH CHAPMAN JO 108 30176 TX NUECES CHAPMAN RANCH CHAPMAN JO 114 30177
9 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- ------ ------------- ------------------------ ----------- TX NUECES CHAPMAN RANCH CHAPMAN JO 115 30178 TX NUECES CHAPMAN RANCH CHAPMAN JO 116 30179 TX NUECES CHAPMAN RANCH CHAPMAN JO 117 30180 TX NUECES CHAPMAN RANCH CHAPMAN JO 118 30181 TX NUECES CHAPMAN RANCH CHAPMAN JO 119 30182 TX NUECES CHAPMAN RANCH CHAPMAN JO 120 30183 TX NUECES CHAPMAN RANCH CHAPMAN JO 121 30184 TX NUECES CHAPMAN RANCH CHAPMAN JO 122 30185 TX NUECES CHAPMAN RANCH CHAPMAN JO 123 30186 TX NUECES CHAPMAN RANCH CHAPMAN JO 124 30187 TX NUECES CHAPMAN RANCH CHAPMAN JO 125 30188 TX NUECES CHAPMAN RANCH CHAPMAN JO 126 30189 TX NUECES CHAPMAN RANCH CHAPMAN JO 127 30190 TX NUECES CHAPMAN RANCH CHAPMAN JO 128 30191 TX NUECES CHAPMAN RANCH CHAPMAN JO 129 30192 TX NUECES CHAPMAN RANCH CHAPMAN JO 130C 30193 TX NUECES CHAPMAN RANCH CHAPMAN JO 130T 30194 TX NUECES CHAPMAN RANCH CHAPMAN JO 131 30195 TX NUECES CHAPMAN RANCH CHAPMAN JO 133C 30196 TX NUECES CHAPMAN RANCH CHAPMAN JO 133T 30197 TX NUECES CHAPMAN RANCH CHAPMAN JO 134 30198 TX NUECES CHAPMAN RANCH CHAPMAN JO 135 30199 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 1-73 30200 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 1-74 30201 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 1-116 30202 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 1-37 30203 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 1-80 30204 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 2-37 30205 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 2-74 30206 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 2-80 30207 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 3-80C 30208 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 3-80T 30209 TX NUECES CHAPMAN RANCH CHAPMAN RANCH 74-8 30210 TX NUECES CHAPMAN RANCH CHAPMAN RANCH B 5-74 30211 TX NUECES CHAPMAN RANCH CHAPMAN MAIN TANK BATTERY 30399 TX NUECES CHAPMAN RANCH CHAPMAN JO 132 30404 TX NUECES CHAPMAN RANCH DE GARZA JG 9 30318 TX NUECES CHAPMAN RANCH DE GARZA JG 10 30319
10 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee
STATE COUNTY PROSPECT PROPERTY PROPERTY ID - ----- ------ -------- -------------- ----------- TX UNKNOWN NONE MADEWELL H.E. 30221 TX WEBB BRISCOE HUGHES RANCH 2 30108 TX WEBB BRISCOE HUGHES RANCH 3 30109 TX WEBB BRISCOE HUGHES RANCH 1 30107 TX WHARTON PINHOOK HANCOCK 1 30398
11 EXHIBIT "A" Attached to and made a part of that certain Master Conveyance between SHANA PETROLEUM COMPANY, Grantor and SHANA NATIONAL LLC, Grantee NAVIDAD COMPRESSORS
STATE COUNTY PROSPECT LEASE PROPERTY ID - ----- -------------- ------------------------ ------------------------ ----------- LA LIVINGSTON LOCKHART CROSSING UNIT #1026 91026 LA LIVINGSTON LOCKHART CROSSING UNIT #1034 91034 LA LIVINGSTON LOCKHART CROSSING UNIT #1035 91035 LA LIVINGSTON LOCKHART CROSSING UNIT #1036 91036 LA LIVINGSTON LOCKHART CROSSING UNIT #1037 91037 TX COLORADO ENGLEHART UNIT #1014 91014 TX COLORADO ENGLEHART UNIT #1021 91021 TX COLORADO ENGLEHART UNIT #1022 91022 TX COLORADO GARWOOD NW UNIT #1031 91031 TX COLORADO N E PROVIDENT CITY UNIT #1002 91002 TX COLORADO N E PROVIDENT CITY UNIT #1011 91011 TX COLORADO N E PROVIDENT CITY UNIT #1012 91012 TX COLORADO N E PROVIDENT CITY UNIT #1017 91017 TX COLORADO PAUL UNIT #1009 91009 TX JACKSON TOTO UNIT #1003 91003 TX JACKSON TOTO UNIT #1028 91028 TX LAVACA PROVIDENT CITY UNIT #1004 91004 TX LAVACA PROVIDENT CITY UNIT #1005 91005 TX LAVACA PROVIDENT CITY UNIT #1006 91006 TX LAVACA PROVIDENT CITY UNIT #1010 91010 TX LAVACA PROVIDENT CITY UNIT #1013 91013 TX LAVACA PROVIDENT CITY UNIT #1015 91015 TX LAVACA PROVIDENT CITY UNIT #1016 91016 TX LAVACA PROVIDENT CITY UNIT #1020 91020 TX LAVACA PROVIDENT CITY UNIT #1023 91023 TX LAVACA PROVIDENT CITY UNIT #1024 91024 TX LAVACA PROVIDENT CITY UNIT #1027 91027 TX LAVACA PROVIDENT CITY UNIT #1029 91029 TX LAVACA PROVIDENT CITY UNIT #1030 91030 TX LAVACA PROVIDENT CITY UNIT #1032 91032 TX NUECES CHAPMAN RANCH UNIT #1001 91001 TX NUECES CHAPMAN RANCH UNIT #1007 91007 TX NUECES CHAPMAN RANCH UNIT #1008 91008 TX NUECES CHAPMAN RANCH UNIT #1018 91018 TX NUECES CHAPMAN RANCH UNIT #1025 91025 TX NUECES CHAPMAN RANCH UNIT #1033 91033 TX NUECES PROVIDENT CITY UNIT #1019 91019
12 September 12, 2001 Shana National LLC c/o Icahn Associates Corp. 767 Fifth Avenue-47th Floor New York, NY 10153 Ladies and Gentlemen: The undersigned, Shana Petroleum Company, has by separate conveyance, transferred all of its operating assets to you and, as consideration therefore, hereby issue to Shana Petroleum Company 100% of the membership interests in Shana National LLC. Very truly yours, Shana Petroleum Company By: /s/ EDWARD E. MATTNER ------------------------------- Acknowledged and Agreed: Shana National LLC By Shana Petroleum Company By: /s/ EDWARD E. MATTNER ------------------------------- The undersigned, the sole stockholder of Shana Petroleum Company does hereby consent, approve and agree to the transfer by Shana Petroleum Company of all of its assets to Shana National LLC, in return for 100% of the membership interests in Shana National LLC, a Delaware limited liability company. Astral Gas Corp. By: /s/ EDWARD E. MATTNER -------------------------------