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<br />~~~e'~fi~~~ <br />arlvt~ ~---~- 1~. <br />:~dr i C.treM <br />~II II~II~IIIIII~ II~ <br />sss <br />TRUSTEE'S BARGAIN AND SALE DEED <br />Eq <br />o <br />W ry <br />Q 1(- <br />.q O M <br />W. D. SWING, JR., of 316 Scenic Avenue, Piedmont, California 94611 as Co- <br />Successor Trustee, and THE FIRST INTERSTATE BANK OF DENVER, N.A., f/k/a <br />THE FIRST NATIONAL BANK OF DENVER, a National Banking Association of 633 <br />17th Street, Denver, Colorado 80270, as Co-Successor Trustee, of the W. D. SWING <br />TRUST dated July 29, 1965, for the consideration of $91,250, and other good and valuable <br />consideration, in hand paid, hereby sells and conveys to OAKRIDGE ENERGY, INC., a <br />Utah Corporation whose legal address is 400 First National Bank Building, Wichita Falls, <br />Texas 76301, the following real property in La Plata County, State of Colorado, to wit: <br />TOWNSHIP 34 NORTH. RANGE 9 WEST. N.M.P.M..La Plata County, <br />Colorado: <br />Section 5: All of the SE1/4NE1/4 lying and being East of the centerline <br />of the Animas River. <br />LESS AND EXCEPT tracts described in Deeds to the State of <br />Colorado Department of Highways recorded September 30, 1977 as <br />Reception Nos. 413397, 413398 and 413399. <br />ALSO LESS AND EXCEPT old U.S. Highway No. 550-160. <br />Section 4: All of the NWl/4SW1/4 lying Easterly of U.S. Highway 550- <br />160. <br />LESS AND EXCEPT tracts described in Deeds from W. D. Ewing <br />to O. F. Hamilton recorded February 23, 1966 in Book 498 at Page <br />175, to Homer E. Root and Wilma Root recorded September 30, <br />1957 in Book 382 at Page 49, to Betty Thomas Toulouse recorded <br />July 31, 1958 in Book 393 at Page 114 and to La Plata Electric <br />Association recorded March 30, 1960 in Book 421 at Page 121 <br />with all of its appurtenances, reserving unto grantor anon-executive, non-participating, <br />undivided mineral interest equal to forty-five percent (453'0) of all of grantor's interest in <br />and to oil, gas and all other minerals (except coal), including sand and gravel, in or on <br />the lands above described; also reserving unto grantor anon-executive, non-participating, <br />undivided mineral interest equal to one-fourth (1/4) of all of grantor's interest in and to <br />coal, in or on lands above described. <br />SIGNED thisday of , 1990. <br />/~ <br /> <br />