CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT. CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS ARE INDICATED IN THIS...

Exhibit 10.64

CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT.  CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.  OMITTED PORTIONS ARE INDICATED IN THIS AGREEMENT WITH “*****”.

Shell Trading (US) Company

	October 19, 2006
Resaca Exploitation, LP.
0000 Xxxxx, Xxxxx 0000
Xxxxxxx, XX 00000-0000
Attention: Xx. Xxxx Xxxxxxx Xxxxxxx	STUSCO Purchase Contract No.: LPS790268
	Amendment No.:
	RESACA Contract No.:
	Contract Date: May 1, 2006

Xx. Xxxxxxx:

This Agreement is made between SHELL TRADING (US) COMPANY (STUSCO), “Buyer” and RESACA EXPLOITATION, LP. (RESACA), “Seller” whereby each party agrees to sell and deliver and each party agrees to purchase and receive crude oil or condensate under the terms and conditions set forth in Exhibit A and Conoco Inc.’s General Provisions, attached hereto and made a part hereof.

Please confirm by fax to (000) 000-0000 that the above accurately records the terms and conditions of our agreement. If a reply is not received within ten (10) business days it will constitute acceptance of the terms stated herein.

			Very truly yours,
			SHELL TRADING (US) COMPANY
RESACA EXPLOITATION, LP
By	/s/ Xxxxx X. Xxxxxxxx		By	/s/ Xx Xxxxxxxx
	Xxxxx X. Xxxxxxxx			Xx Xxxxxxxx
	Attorney in Fact			Manager - Crude Oil Acquisition
	Title
Date:	0-0-00

XXXXXX Xxxxxxxx Contract No.: LPS790268 Dated: May 1, 2006 Amendment No.: Resaca Exploitation, LP. Contract No.: October 19, 2006

Exhibit A

RESACA Contact: Xx. Xxxx Xxxxxxx Xxxxxxx		STUSCO Contact: Xxxxx Xxxxxx
Phone: 000-000-0000		Phone: 432-687-4300 ext. 13

RESACA’S Sale and Delivery is STUSCO:

QUALITY: West Texas Intermediate type crude oil and West Texas Sour type crude oil.

QUANTITY: Equal to production from the lease(s) listed on Attachment “I”, approximately 125 bpd.

DELIVERY: Title and custody shall transfer from RESACA to STUSCO at the lease into STUSCO’S designated transporters trucks.

PRICE: ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****(1)

PAYMENT: Due on or before the 20th of the month following the month of delivery

TERM: May 1, 2006 through May 31, 2006 and continuing month to month thereafter until the first of the month following either party’s thirty (30) days advance written notice of termination.

ASSIGNMENT: The Contract shall extend to and be binding upon the successors and assigns of the Parties, but neither this Contract nor any part, specifically including the right to receive payment, shall be assigned or transferred by either Party or by law without the prior written consent of the other Party, which shall not be unreasonably withheld, and any assignment or transfer made by either Party without the other Party’s written consent need not be recognized by and shall not be binding upon the other Party.

LIMITATION OF LIABILITY: Neither party shall be liable for indirect, special, or consequential damages.

(1) CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT.  CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.  OMITTED PORTIONS ARE INDICATED IN THIS AGREEMENT WITH “*****”.

STUSCO Purchase Contract No.: LPS790268 October 19, 2006

Dated: May 1, 2006

Amendment No.:

Resaca Exploitation, LP. Contract No.:

HAZARD COMMUNICATION: Seller shall provide its Material Safety Data Sheet (“MSDS”) to Buyer. Buyer acknowledges the hazards and risks in handling and using crude oil. Buyer shall read the MSDS and advise its employees, its affiliates and appropriate contractors who may purchase or come into contact with such crude oil, about the hazards of crude oil, as well as the precautionary procedures for handling said crude oil, which are set forth in such MSDS and any supplementary MSDS or written warning(s) which Seller may provide to Buyer from time to time. If seller fails to provide the MSDS, Buyer will provide MSDS annually to its relevant employees, affiliates, and appropriate contractors.

SPECIAL PROVISIONS: None

CUSTOMER NAME: RESACA EXPLOITATION, L.P.	SHELL TRADING (US) COMPANY
STUSCO/CUSTOMER CONTRACT: LPS790268
AMENDMENT:	ATTACHMENT 1
REVISED:

LEASE HEADER

LEASE NUMBER

PROPERTY NAME

COUNTY

STATE

CUSTOMER LEASE NUMBER

OPERATOR

PRICE BASIS

PLUS/LESS $/BBL(2)

DECIMAL INTEREST

42797

42797

XXXXXX JAL (HEADER)

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.5138311

42797

42804

XXXXXX JAL UNIT TR 1

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

42797

42806

XXXXXX JAL UNIT TR 2

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.9962500

42797

42807

XXXXXX JAL UNIT TR 4

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

42797

42808

XXXXXX JAL UNIT TR 5

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.6727500

42797

42812

XXXXXX JAL UNIT TR 8

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.5925781

42797

42813

XXXXXX JAL UNIT TR 18

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.6218750

42797

42814

XXXXXX JAL UNIT TR 19

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.8356773

42797

42815

XXXXXX JAL UNIT TR 21

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.9216750

42797

42816

XXXXXX JAL UNIT TR 22

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.5000000

42797

42817

XXXXXX JAL UNIT TR 25

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.6593750

42797

42818

XXXXXX JAL UNIT TR 26

LEA

NM

TORCH ENERGY SERVICES INC

PURR

****

0.5843740

0

00000

XXXXXX XXXX 0X #0

XXX

XX

TORCH ENERGY SERVICES INC

XTT

****

1.0000000

0

80577

BT-BN 25 FED # 25

EDDY

NM

TORCH ENERGY SERVICES INC

XTT

****

1.0000000

0

00000

X X XXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

X XXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

42794

HOWE “A”

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

42795

XXXXXXXX ‘B’

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXX XXXXX XXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

42819

42819

JORDAN/SAN XXXXXX/UNIT

CRANE

TX

TORCH ENERGY SERVICES INC

PURR

****

0.0000000

0

42824

XXXXX, XXXXXX “47”

XXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

42863

HOWE “B” & “C”

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

42864

XXXX, X X -A- & B

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

42868

ARCO-CUMMINS “A”

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXXXX XXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXX-XXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXX-XXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

42928

MURKO -H-

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

42930

XXXXX

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

42946

XXXXX ROYALTY

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXX-XXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXXXXXX-XXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXX XXXXXX XXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXXX-XXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

43334

OSCAR “A” XXXXX

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXX-XXXXXXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXX -X-

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

43910

XXXXXXX-XXXXXX

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

55805

XXXXX, XXX

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

00000

XXXXXXX XXXXXX

XXXXXXX

XX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

0

91235

XXX XXXXXXXX -A-

XXXXXXX

TX

TORCH ENERGY SERVICES INC

PURR

****

1.0000000

(2) CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT.  CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.  OMITTED PORTIONS ARE INDICATED IN THIS AGREEMENT WITH “*****”.

1

Shell Trading (US) Company

Two Houston Center

000 Xxxxxx Xxxxxx

Xxxxxxx, XX 00000-0000

Facsimile: (000) 000 0000

Please note that all contractual correspondence for this deal and all future deals between our companies must be directed to the following address. STUSCO will not be held responsible for delays resulting from correspondence sent to any other place.

As agreed between the respective traders at the time of negotiation. STUSCO is the documenting party and this Contract is the governing document and any contract or contract confirmation generated by the Counterparty shall be used solely for the purpose of confirming detail, e.g., price, term, quantity, quality, and time, place and method of delivery agreed to at the time of negotiation.

Confirming agreement between Xxxxx Xxxxxx of Shell Trading (US) Company and Xxxx Xxxxxxx Xxxxxxx of Resaca Operating Company., whereby we mutually agree to amend the referenced Contract as follows:

CONTRACT REF. NO. LPS790268 AMENDMENT 004

Effective AUGUST 1, 2009 PRICE CHANGE as listed on Attachment 1.

All other terms and conditions remain unchanged.

CONTRACTUAL CONTACT:

Name Xxxxxx Xxxxxxxxxx	Telephone No.: 000-000-0000		Fax No.: 000-000-0000
CREDIT CONTACT:
Counterparties (A-L)
Name: Xxxx Xxxx	Telephone No.: 000-000-0000		Fax No.: 000-000-0000
Counterparties (M-Z)
Name: Xxxxx Xxxxxx	Telephone No.: 000-000-0000		Fax No.: 000-000-0000
INVOICING CONTACT:
Name: Xxx Xxxxxxx	Telephone No.: 000-000-0000		Fax No.: 000-000-0000
MSDS CONTACT:
Name: STUSCO HSE Department			Fax No.: 000-000-0000
Email: XXX-Xxxxx-Xxxxxxx-XX@XXXXX.xxx

Please ensure that you quote our contract ref. LPS790268 in all correspondence.

Please confirm by fax to (000) 000 0000 that the foregoing is a full and accurate record of the agreement reached between us. If a reply is not received within TEN (10) business days it will constitute acceptance of the terms herein.

Regards,

Shell Trading (US) Company

By:	/s/ [ILLEGIBLE]		By:	/s/ Xxxxx X. Xxxxxxxx
For Xxxxx Xxxxxx			Resaca Operating Company

PRICE CODE REFERENCE SHEET(3)

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****

***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****(3)

(3) CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT.  CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.  OMITTED PORTIONS ARE INDICATED IN THIS AGREEMENT WITH “*****”.

CUSTOMER NAME: RESACA OPERATING COMPANY	SHELL TRADING (US) COMPANY
STUSCO/CUSTOMER CONTRACT: LPS790268
AMENDMENT: 004	ATTACHMENT 1

LEASE HEADER

LEASE NUMBER

PROPERTY NAME

COUNTY

STATE

OPERATOR

PRICE BASIS

PLUS/LESS S/BBL (4)

DECIMAL INTEREST

PAYMENT TERMS

TAX STATUS

42819

42819

JORDAN/SAN XXXXXX/UNIT

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

0.0000000

DB

A

42819

42947

JORDAN SAN XXXXXX UNIT TR 1

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

42819

42948

JORDAN SAN XXXXXX UNIT TR 2

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

42819

42949

JORDAN SAN XXXXXX UNIT TR 3

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

42819

42950

JORDAN SAN XXXXXX UNIT TR 4

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

42819

42951

JORDAN SAN XXXXXX UNIT TR 5

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

42819

42952

JORDAN SAN XXXXXX UNIT TR 6

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

42819

42953

JORDAN SAN XXXXXX UNIT TR 7

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

42819

42954

JORDAN SAN XXXXXX UNIT TR 8

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

42819

42955

JORDAN SAN XXXXXX UNIT TR 9

CRANE

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DB

A

0

00000

XXXXXX XXXX 0X#0

XXX

XX

RESACA OPERATING COMPANY

XTT

*****

1.0000000

DB

A

0

80577

BT-BN 25 FED #25

EDDY

NM

RESACA OPERATING COMPANY

XTT

*****

1.0000000

DB

A

EFFECTIVE AUGUST 01, 2009: PRICE CHANGE

0

00000

X X XXXXXX

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42786

X XXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42794

HOWE “A”

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42795

XXXXXXXX ‘B’

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

00000

XXXXXXX XXXXX XXXX

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42824

XXXXX, XXXXXX “47”

XXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42831

XXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

00000

XXXXXX

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42863

HOWE “B” & “C”

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42864

XXXX, X X -A- & B

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42866

XXXXXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42867

XXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42865

ARCO-CUMMINS “A”

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

00000

XXXXXXXXX XXXXX

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42870

CUMMINS

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42871

SUN-XXXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42927

XXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

00000

XXXXXXX-XXXXXX

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42929

MURKO -H-

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42930

XXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

42946

XXXXX ROYALTY

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

43161

XXXXXXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

43162

XXXXXX, XXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

00000

XXXXXXXXXXX-XXXXXX

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

00000

XXXXXX XXXXXX XXXX

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

43165

XXXXXXXX-XXXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

43334

OSCAR “A” XXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

43745

XXXXXXX-XXXXXXXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

00000

XXXXXX -X-

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

43910

XXXXXXXX-XXXXXX

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

55605

XXXXX, PAY

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

00000

XXXXXXX XXXXXX

XXXXXXX

XX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

0

91235

XXX XXXXXXXX -A-

XXXXXXX

TX

RESACA OPERATING COMPANY

PRR

*****

1.0000000

DA

B

(4) CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY RESACA EXPLOITATION, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT.  CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.  OMITTED PORTIONS ARE INDICATED IN THIS AGREEMENT WITH “*****”.

CUSTOMER NAME: RESACA OPERATING COMPANY	SHELL TRADING (US) COMPANY
STUSCO/CUSTOMER CONTRACT: LPS790268
AMENDMENT: 004	ATTACHMENT 1

PAYMENT TERMS

CI = BY STUSCO TO SELLER AFTER RECEIPT OF INV

DA = BY STUSCO TO SELLER

DB = BY STUSCO TO INDIVIDUAL INTEREST OWNERS

MX = BY STUSCO TO SELLER

TAX STATUS

A = STUSCO IS IST PURCHASER, STUSCO WILL COLLECT & REMIT

B = TO BE PAID BY SELLER

C = STUSCO WILL COLLECT AND REMIT APPLICABLE TAXES

D = TO BE PAID BY SELLER

E = PURCHASER REQUIRED TAXES ARE TO BE PAID BY STUSCO