Ascent Energy Inc Sample Contracts

EXHIBIT 10.12
Loan Agreement • May 2nd, 2002 • Ascent Energy Inc • Crude petroleum & natural gas • Texas
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ISDA® International Swaps and Derivatives Association, Inc. MASTER AGREEMENT dated as of March 9,2006
Master Agreement • September 20th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas

THE ROYAL BANK OF SCOTLAND PLC (“PARTY A”) and EACH COUNTERPARTY LISTED ON THE ATTACHED EXHIBIT A, SEVERALLY AND NOT JOINTLY (“PARTY B”) have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.

ASCENT ENERGY INC. AND THE GUARANTORS PARTY HERETO Series A and Series B 11¾% Senior Notes due 2006
Indenture • October 15th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • New York
ISDA International Swaps and Derivatives Association, Inc. dated as of July 27, 2004 FORTIS ENERGY LLC AND ASCENT ENERGY LOUISIANA, LLC.
2002 Master Agreement • September 20th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Louisiana

have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this 2002 Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties or otherwise effective for the purpose of confirming or evidencing those Transactions. This 2002 Master Agreement and the Schedule are together referred to as this “Master Agreement”.

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • June 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas

THIS AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”), dated as of June 20, 2006 by and between Ascent Energy, Inc. (the “Company”), and Steve Limke (the “Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • June 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Texas

THIS EMPLOYMENT AGREEMENT (this “Agreement”) dated as of April 1, 2005 by and between Ascent Energy Inc., a Delaware corporation (the “Company”), and Steven C. Limke (the “Executive”).

WARRANT AGREEMENT between ASCENT ENERGY INC. and MELLON INVESTOR SERVICES LLC as WARRANT AGENT July 27, 2001 WARRANT AGREEMENT
Warrant Agreement • August 14th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • New York

THIS WARRANT AGREEMENT, dated as of July 27, 2001 is entered into between ASCENT ENERGY INC., a Delaware corporation (the "Company"), and MELLON INVESTOR SERVICES LLC, a New Jersey limited liability company, as warrant agent (the "Warrant Agent").

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • August 14th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • New York

This REGISTRATION RIGHTS AGREEMENT (this "Agreement") is made and entered into as of July 27, 2001, by and among Ascent Energy Inc., a Delaware corporation ("Ascent"), and the purchasers named on the signature pages hereto (each a "Purchaser" and collectively, the "Purchasers"), each of whom has agreed to purchase warrants (the "Warrants") to purchase shares (the "Warrant Shares") of common stock, par value $0.001 per share (the "Common Stock") of the Company. In order to induce the Purchasers to purchase the Warrants, the Company has agreed to provide the registration rights set forth in this Agreement. Capitalized terms used herein and not otherwise defined shall have the meaning assigned to them in the Warrant Agreement, dated July 27, 2001 (the "Warrant Agreement"), among the Company and Mellon Investor Services LLC, as Warrant Agent, relating to the Warrants. The parties hereby agree as follows:

AGREEMENT AND PLAN OF MERGER of SOUTH LOUISIANA PROPERTY HOLDINGS ACQUISITION COMPANY, INC. with and into SOUTH LOUISIANA PROPERTY HOLDINGS, INC.
Agreement and Plan of Merger • September 20th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Delaware

This Agreement and Plan of Merger (this “Agreement”) is entered into as of June 30, 2006, pursuant to Section 112 of the Louisiana Business Corporation Law (the “LBCL”), by and among Ascent Energy Inc., a Delaware corporation (“Ascent”), South Louisiana Property Holdings, Inc., a Louisiana corporation formerly known as Forman Petroleum Corporation (“SLPH” or the “Surviving Entity”), and South Louisiana Property Holdings Acquisition Company, Inc., a Louisiana corporation and a wholly owned subsidiary of Ascent (“Merger Sub”) (SLPH and Merger Sub being sometimes collectively referred to as the “Constituent Entities”).

SHAREHOLDERS AGREEMENT
Shareholders Agreement • October 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • New York

SHAREHOLDERS AGREEMENT, dated as of August 22, 2002 (this “Agreement”), by and among Ascent Energy Inc., a Delaware corporation (the “Company”), Forman Petroleum Corporation, a Louisiana corporation (the “Principal Shareholder”), and the shareholders of the Company listed on the signature pages hereto (collectively the “Purchasers”).

Recapitalization Agreement dated as of September , 2006 relating to Ascent Energy Inc. and South Louisiana Property Holdings, Inc.
Recapitalization Agreement • September 20th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • New York

This Recapitalization Agreement (this “Agreement”), dated as of September , 2006, is entered into by and among Ascent Energy Inc., a Delaware corporation (the “Company”); South Louisiana Property Holdings, Inc., a Louisiana corporation (the “Parent”); the holders of the Company’s outstanding 16% Senior Notes (the “Senior Notes”) due February 1, 2010 (or such later maturity date as automatically extended in accordance with Section 7 thereof (but in no event later than February 1, 2015)) listed on Exhibit A hereto (collectively, the “Senior Noteholders”); the holders of the Company’s outstanding 11 3/4% Senior Subordinated Notes due May 1, 2010 (or such later maturity date as automatically extended in accordance with Section 7 thereof (but in no event later than May 1, 2015)) (the “Senior Subordinated Notes”) listed on Exhibit B hereto who execute this Agreement (collectively, the “Senior Subordinated Noteholders”); the holders of outstanding shares of the Company’s 8% Series A Preferred

SECOND AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • June 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Texas

THIS SECOND AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT (this “Amendment”) made as of the 23rd day of June, 2006, among ASCENT OIL AND GAS INC., a Delaware corporation (“Ascent Oil and Gas”), SOUTH LOUISIANA PROPERTY HOLDINGS, INC., a Louisiana corporation (“SLPH”), ASCENT ENERGY HOLDINGS, INC., a Delaware corporation (“Ascent Energy Holdings”), ASCENT ENERGY LOUISIANA, LLC, a Delaware limited liability company (“Ascent Louisiana”), ASCENT GP, LLC, a Delaware limited liability company (“Ascent GP”), ASCENT LP, LLC, a Delaware limited liability company (“Ascent LP”), ASCENT OPERATING, L.P., a Delaware limited partnership (“Ascent Operating”), PONTOTOC ACQUISITION CORP., a Nevada corporation (“Pontotoc Acquisition”), PONTOTOC PRODUCTION COMPANY, INC., a Texas corporation (“Pontotoc Texas”), OKLAHOMA BASIC ECONOMY CORPORATION, an Oklahoma corporation (“OBEC”), PONTOTOC HOLDINGS, INC., an Oklahoma corporation (“Pontotoc Holdings”), PONTOTOC GATHERING, L.L.C., an Oklahoma limite

SECURITY AGREEMENT
Security Agreement • September 20th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Texas

THIS SECURITY AGREEMENT (the “Agreement”) dated as of this 27 day of July, 2004, is by FORMAN PETROLEUM CORPORATION, a Louisiana corporation (“Forman”), ASCENT OIL AND GAS INC, a Delaware corporation (“Ascent Oil and Gas”), PONTOTOC ACQUISITION CORP., a Nevada corporation (“Pontotoc”), PONTOTOC PRODUCTION COMPANY, INC., a Texas corporation (“Pontotoc Texas”), OKLAHOMA BASIC ECONOMY CORPORATION, an Oklahoma corporation (“OBEC”), PONTOTOC HOLDINGS, INC., an Oklahoma corporation (“Holdings”), PONTOTOC GATHERING, L.L.C., an Oklahoma limited liability company (“Gathering”), ASCENT ENERGY HOLDINGS, INC., a Delaware corporation (“Ascent Holdings”), ASCENT ENERGY LOUISIANA, LLC, a Delaware limited liability company (“Ascent Louisiana”), ASCENT GP, LLC, a Delaware limited liability company (“Ascent GP”), ASCENT LP, LLC, a Delaware limited liability company (“Ascent LP”) and ASCENT OPERATING, L.P., a Delaware limited partnership (“Ascent Operating”; and together with Forman, Ascent Oil and Gas,

INDEMNITY AGREEMENT
Indemnity Agreement • March 28th, 2001 • Ascent Energy Inc • Delaware

THIS INDEMNITY AGREEMENT (this "Agreement") is made and effective as of this ___ day of ________, 2001, by and between Ascent Energy Inc., a Delaware corporation (the "Company"), and ________________________ ("Indemnitee").

LOAN AGREEMENT AMONG ASCENT ENERGY INC., FORTIS CAPITAL CORP., as Agent and the Lenders signatory thereto As of July 27, 2001
Loan Agreement • August 14th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • Texas
AMENDMENT NO. 1 TO RECAPITALIZATION AGREEMENT
Recapitalization Agreement • February 8th, 2007 • Ascent Energy Inc • Crude petroleum & natural gas • New York

THIS AMENDMENT NO. 1 TO RECAPITALIZATION AGREEMENT (this “Amendment”) is made and entered into this 5th day of February, 2007, by and among Ascent Energy Inc., a Delaware corporation (the “Company”), and each of the other parties executing this Amendment as of the date hereof. Capitalized terms used herein but not otherwise defined herein shall have the meanings ascribed to them in the Agreement (as defined below).

EXCHANGE AGREEMENT
Exchange Agreement • October 15th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • New York

This Exchange Agreement (this "Agreement") is made and entered into as of September 28, 2001, by Ascent Energy Inc., a Delaware corporation (the "Company"), and Pontotoc Acquisition Corp., a Nevada corporation, Pontotoc Production Company, Inc., a Texas corporation, Oklahoma Basic Economy Corporation, an Oklahoma corporation, Pontotoc Holdings, Inc., an Oklahoma corporation, and Pontotoc Gathering, L.L.C., an Oklahoma limited liability company (collectively, the "Subsidiary Guarantors"), and the holders (the "Initial Investors") of Senior Secured Notes due 2003 (the "Devo Notes") of Devo Holding Company LLC, a Delaware limited liability company ("Devo"). The Company and the Subsidiary Guarantors are sometimes referred to herein as the "Issuers."

STOCKHOLDERS' AGREEMENT
Stockholders' Agreement • March 28th, 2001 • Ascent Energy Inc • Nevada

THIS STOCKHOLDERS' AGREEMENT (this "Agreement"), dated as of January 19, 2001, among Ascent Energy Inc., a Delaware corporation ("Buyer"), and the holders of the shares of common stock, par value $0.0001 per share, of Pontotoc Production, Inc., a Nevada corporation (the "Company"), listed on the signature pages hereof (each a "Stockholder").

STOCKHOLDERS’ AGREEMENT
Stockholders’ Agreement • October 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Louisiana

This STOCKHOLDERS’ AGREEMENT is made and entered into as of January 14,2000, by and among Forman Petroleum Corporation, a Louisiana corporation (the “Company”), and each of the other Persons listed on the signature pages attached hereto or otherwise party to this Agreement (the “Holders”).

FORMS OF NOTICE OF GRANT OF RESTRICTED STOCK AND RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • October 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Delaware

Pursuant to the terms and conditions of the Ascent Energy Inc. 2006 Long Term Incentive Plan, attached as Appendix A (the “Plan”), and the associated Restricted Stock Agreement, attached as Appendix B (the “Agreement”), you are hereby issued shares of Stock subject to certain restrictions thereon and under the conditions set forth below, in the Agreement, and in the Plan (the “Restricted Shares”). Capitalized terms used but not defined herein shall have the meanings set forth in the Plan.

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • June 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • New York

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of July 27, 2001, by and among Ascent Energy Inc., a Delaware corporation (“Ascent”), and the purchasers named on the signature pages hereto (each a “Purchaser” and collectively, the “Purchasers”), each of whom has agreed to purchase warrants (the “Warrants”) to purchase shares (the “Warrant Shares”) of common stock, par value $0.001 per share (the “Common Stock”) of the Company.

SECOND AMENDED AND RESTATED LOAN AGREEMENT AMONG ASCENT OIL AND GAS INC., SOUTH LOUISIANA PROPERTY HOLDINGS, INC., ASCENT ENERGY HOLDINGS, INC., ASCENT ENERGY LOUISIANA, LLC, ASCENT GP, LLC, ASCENT LP, LLC, ASCENT OPERATING, L.P., PONTOTOC ACQUISITION...
Loan Agreement • June 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Texas

THIS SECOND AMENDED AND RESTATED LOAN AGREEMENT (the “Agreement”) dated as of December 19, 2005, by and among ASCENT OIL AND GAS INC., a Delaware corporation (“Ascent Oil and Gas”), SOUTH LOUISIANA PROPERTY HOLDINGS, INC., a Louisiana corporation (“SLPH”), ASCENT ENERGY HOLDINGS, INC., a Delaware corporation (“Ascent Energy Holdings”), ASCENT ENERGY LOUISIANA, LLC, a Delaware limited liability company (“Ascent Louisiana”), ASCENT GP, LLC, a Delaware limited liability company (“Ascent GP”), ASCENT LP, LLC, a Delaware limited liability company (“Ascent LP”), ASCENT OPERATING, L.P., a Delaware limited partnership (“Ascent Operating”), PONTOTOC ACQUISITION CORP., a Nevada corporation (“Pontotoc Acquisition”), PONTOTOC PRODUCTION COMPANY, INC., a Texas corporation (“Pontotoc Texas”), OKLAHOMA BASIC ECONOMY CORPORATION, an Oklahoma corporation (“OBEC”), PONTOTOC HOLDINGS, INC., an Oklahoma corporation (“Pontotoc Holdings”), PONTOTOC GATHERING, L.L.C., an Oklahoma limited liability company (“

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AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • October 15th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • Delaware

THIS AGREEMENT AND PLAN OF MERGER (the "Agreement") is made and entered into as of this September 28, 2001, by and among Ascent Energy Inc., a Delaware corporation ("Ascent"), Devo Holding Company, LLC, a Delaware limited liability company ("Devo"), and Devo Operating Company, LLC, a Delaware limited liability company and wholly-owned subsidiary of Devo ("DOC").

FORM OF FACE)
Ascent Energy Inc • August 14th, 2001 • Crude petroleum & natural gas • New York

THIS SECURITY (OR ITS PREDECESSOR) WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND MAY NOT BE SOLD OR OTHERWISE TRANSFERRED TO OR FOR THE ACCOUNT OR BENEFIT OF ANY PERSON EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF, THE HOLDER (1) REPRESENTS THAT (A) IT IS A "QUALIFIED INSTITUTIONAL BUYER" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT), OR (B) IT IS AN "ACCREDITED INVESTOR" (AS DEFINED IN RULE 501(A) UNDER THE SECURITIES ACT), (2) AGREES THAT IT WILL NOT PRIOR TO THE DATE WHICH IS TWO YEARS (OR SUCH SHORTER PERIOD AS COMPLIES WITH RULE 144 UNDER THE SECURITIES ACT) AFTER THE LATER OF THE DATE OF ORIGINAL ISSUANCE OF THIS SECURITY AND THE LAST DATE ON WHICH THE ISSUER OR ANY AFFILIATE OF THE ISSUER WAS THE OWNER OF THIS SECURITY (THE "RESALE RESTRICTION TERMINATION DATE") RESELL, PLEDGE OR OTHERWISE TRANSFER THIS SECURITY, EXCEPT (A) TO THE ISSUER, (B) T

REGISTRATION RIGHTS AGREEMENT Dated as of September 28, 2001 By and Among ASCENT ENERGY INC. PONTOTOC ACQUISITION CORP. PONTOTOC PRODUCTION COMPANY, INC. OKLAHOMA BASIC ECONOMY CORPORATION PONTOTOC HOLDINGS, INC. PONTOTOC GATHERING, L.L.C. and...
Registration Rights Agreement • October 15th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • New York

This Registration Rights Agreement (the "Agreement") is dated as of September 28, 2001, by and among ASCENT ENERGY INC., a Delaware corporation (the "Company"), PONTOTOC ACQUISITION CORP., a Nevada corporation, PONTOTOC PRODUCTION COMPANY, INC., a Texas corporation, OKLAHOMA BASIC ECONOMY CORPORATION, an Oklahoma corporation, PONTOTOC HOLDINGS, INC., an Oklahoma corporation, PONTOTOC GATHERING, L.L.C., an Oklahoma limited liability company (collectively, the "Subsidiaries"), and JEFFERIES & COMPANY, INC., ING FURMAN SELZ INVESTORS III LP, ING BARINGS U.S. LEVERAGED EQUITY PLAN LLC, ING BARINGS GLOBAL LEVERAGED EQUITY PLAN LTD., Shared Opportunity Fund IIB, L.L.C., TCW Leveraged Income Trust IV, L.P., TCW Shared Opportunity Fund III, L.P., TCW/Crescent Mezzanine Partners, L.P., TCW/Crescent Mezzanine Trust, TCW/Crescent Mezzanine Investment Partners, L.P., and TIGIST Energy, Inc. as initial investors (the "Initial Investors"). The Company and Subsidiaries are referred to collectively he

AMENDMENT NO. 1 to AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • June 7th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • Delaware

This AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER (this "Amendment"), dated as of June 7, 2001, is by and among Ascent Energy Inc., a Delaware corporation ("Parent"), Pontotoc Acquisition Corp., a Nevada corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), and Pontotoc Production, Inc., a Nevada corporation ("Company").

ASSET CONTRIBUTION AGREEMENT by and between Forman Petroleum Corporation and Ascent Energy Inc. July 26, 2001 ASSET CONTRIBUTION AGREEMENT
Asset Contribution Agreement • August 14th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • Louisiana

This Asset Contribution Agreement (this "Agreement"), is made and entered into on this 26th day of July, 2001, by and between Forman Petroleum Corporation, a Louisiana corporation ("Forman"), and Ascent Energy Inc., a Delaware corporation ("Ascent").

September 28, 2001 Ascent Energy, Inc. 1700 Redbud Boulevard, Suite 450 McKinney, Texas 75069 Re: First Amendment to Loan Agreement Gentlemen:
Loan Agreement • October 15th, 2001 • Ascent Energy Inc • Crude petroleum & natural gas • Texas

This First Amendment to the Loan Agreement (the "Amendment") sets forth the amended terms of the financing transaction by and among ASCENT ENERGY,INC., a Delaware corporation ("Borrower"), FORTIS CAPITAL CORP., a Connecticut corporation as Agent ("Agent") and as a Lender, and the other Lenders.

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • February 8th, 2007 • Ascent Energy Inc • Crude petroleum & natural gas • Delaware

REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of [ ], 2007, by and among Ascent Energy Inc., a Delaware corporation (the “Corporation”), and each of the parties listed on Annex A (as such Annex A is updated and amended pursuant to Section 11(c) hereof, collectively, the “Stockholders”).

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • June 30th, 2006 • Ascent Energy Inc • Crude petroleum & natural gas • Texas

THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT (this “Amendment”) made as of the 1st day of May, 2006, among ASCENT OIL AND GAS INC., a Delaware corporation (“Ascent Oil and Gas”), SOUTH LOUISIANA PROPERTY HOLDINGS, INC., a Louisiana corporation (“SLPH”), ASCENT ENERGY HOLDINGS, INC., a Delaware corporation (“Ascent Energy Holdings”), ASCENT ENERGY LOUISIANA, LLC, a Delaware limited liability company (“Ascent Louisiana”), ASCENT GP, LLC, a Delaware limited liability company (“Ascent GP”), ASCENT LP, LLC, a Delaware limited liability company (“Ascent LP”), ASCENT OPERATING, L.P., a Delaware limited partnership (“Ascent Operating”), PONTOTOC ACQUISITION CORP., a Nevada corporation (“Pontotoc Acquisition”), PONTOTOC PRODUCTION COMPANY, INC., a Texas corporation (“Pontotoc Texas”), OKLAHOMA BASIC ECONOMY CORPORATION, an Oklahoma corporation (“OBEC”), PONTOTOC HOLDINGS, INC., an Oklahoma corporation (“Pontotoc Holdings”), PONTOTOC GATHERING, L.L.C., an Oklahoma limited l

THIRD AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • February 8th, 2007 • Ascent Energy Inc • Crude petroleum & natural gas • Texas

THIS THIRD AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AGREEMENT (this “Amendment”) made as of the 13th day of December, 2006, among ASCENT OIL AND GAS INC., a Delaware corporation (“Ascent Oil and Gas”), SOUTH LOUISIANA PROPERTY HOLDINGS, INC., a Louisiana corporation (“SLPH”), ASCENT ENERGY HOLDINGS, INC., a Delaware corporation (“Ascent Energy Holdings”), ASCENT ENERGY LOUISIANA, LLC, a Delaware limited liability company (“Ascent Louisiana”), ASCENT GP, LLC, a Delaware limited liability company (“Ascent GP”), ASCENT LP, LLC, a Delaware limited liability company (“Ascent LP”), ASCENT OPERATING, L.P., a Delaware limited partnership (“Ascent Operating”), PONTOTOC ACQUISITION CORP., a Nevada corporation (“Pontotoc Acquisition”), PONTOTOC PRODUCTION COMPANY, INC., a Texas corporation (“Pontotoc Texas”), OKLAHOMA BASIC ECONOMY CORPORATION, an Oklahoma corporation (“OBEC”), PONTOTOC HOLDINGS, INC., an Oklahoma corporation (“Pontotoc Holdings”), PONTOTOC GATHERING, L.L.C., an Oklahoma lim

LEASE AGREEMENT By and Between PONTOTOC GATHERING, L.L.C. AND ENERFIN RESOURCES I LIMITED PARTNERSHIP DATED: July 1, 2000
Lease Agreement • March 28th, 2001 • Ascent Energy Inc • Oklahoma

This Lease Agreement ("Agreement") is entered into effective as of July 1, 2000 by and between Pontotoc Gathering, L.L.C., ("Lessee" or "PGL"), having a place of business at 1345 East 29th Street, Tulsa, Oklahoma 74114, and Enerfin Resources I Limited Partnership ("Lessor" or "Enerfin"), having a place of business at Three Riverway, Suite 1200, Houston, Texas 77056; (Lessor and Lessee being collectively referred to hereafter as the "Parties").

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