Unit Interests Clause Samples

Unit Interests. 1. M V 9900' RA Sand Unit created by State of Louisiana, Office of Conservation Order No. 582-J, effective October 1, 1970. Total Unit Interest Before Payout After Payout ------------- ------------ Net Revenue Interest 0.44505841 0.38862266 All payouts are determined pursuant to the terms of that certain Assignment and Conveyance from C. T. Carden, et al to Forman Petroleum Corporation, recorded in the records of Jefferson Parish, Louisiana, covering the above- described Oil, Gas and Mineral Lease. 2. M V Bigenerina K Sand Unit created by State of Louisiana, Office of Conservation Order No. 582-F-1, effective October 1, 1970. Total Unit Interest ------------------- Before Payout After Payout ------------- ------------ Net Revenue Interest 0.47256859 0.39994271 EXHIBIT A Page 55 of 64 All payouts are determined pursuant to the terms of that certain Assignment and Conveyance from C. T. Carden, et al to Forman Petroleum Corporation, recorded in the records of Jefferson Parish, Louisiana, covering the above- described Oil, Gas and Mineral Lease. 3. M V Bigenerina 0 Sand Unit created by State of Louisiana, Office of Conservation Order No. 582-D-1, effective October 1, 1970. Total Unit Interest ------------------- Before Payout After Payout ------------- ------------ Net Revenue Interest 0.42960741 0.37259593 All payouts are determined pursuant to the terms of that certain Assignment and Conveyance from C. T. Carden, et al to Forman Petroleum Corporation, recorded in the records of Jefferson Parish, Louisiana, covering the above- described Oil, Gas and Mineral Lease. 4. M V Bigemerina Q Sand Unit created by State of Louisiana, Office of Conservation Order No. 582-C-l, effective October 1, 1970. Total Unit Interest ------------------- Before Payout After Payout ------------- ------------ Net Revenue Interest 0.48856586 0.42451424 All payouts are determined pursuant to the terms of that certain Assignment and Conveyance from C. T. Carden, et al to Forman Petroleum Corporation, recorded in the records of Jefferson Parish, Louisiana, covering the above- described Oil, Gas and Mineral Lease. 5. M V Bigenerina Q-1 Sand Unit created by State of Louisiana, Department of Conservation Order No. 582-K, effective October 1, 1970. Total Unit Interest ------------------- Before Payout After Payout ------------- ------------ Net Revenue Interest 0.48114320 0.41761012 All payouts are determined pursuant to the terms of that certain Assignment and Conveyance from C. T. Carden, e...
Unit Interests