Oil and Gas Interests

Oil and Gas Interests. Means (i) with respect to BJU C&E Agreement, those certain oil and gas leasehold and mineral interests in certain lands identified on Exhibit A to the BJU C&E Agreement, comprising the Big Jimmy Unit in the Piceance Basin in Garfield and Rio Blanco Counties, Colorado, covering those depths from the surface to the base of the Mesa Verde Group interval from the stratigraphic equivalent of the top of the Williams Fork member found at a depth of 7,200 feet down to the stratigraphic equivalent of... the base of the Iles member found at a depth of 11,945 feet as encountered in the 8608A-33 P28 Well, API # 05045204390000, with a surface location in Section 28 and a bottomhole location in Section 33, all in Township 4 South Range 96 West (such lands with respect to the BJU C&E Agreement, the "Property"), and (ii) with respect to the South Piceance C&E Agreement, those certain oil and gas leasehold and mineral interests in certain lands in the Piceance Basin in Garfield County, Colorado, as more specifically described as Area 1 and Area 2 on Exhibit A to the South Piceance C&E Agreement (such lands with respect to the South Piceance C&E Agreement, the "Property"). View More