2. Affidavit of Production ~u1d Extension of Lease dated June 27, 1978, recorded at Book 838;
<br />Reception No.17595 59, executed by Elmer D. Werth, want, on behalf of Adolph Coors Company,
<br />extends Oil and Gas Lease No. 1 above.
<br />DECLARATIONS OF POOLING AND/OR UNITIZATION
<br />No Declarations of Pooling andlor Unitization appear in the materials examined.
<br />ASSIGNMENTS OF OIL AND GAS LEASE
<br />(limited to assignments relevant to and affecting PDC's chain of title)
<br />l . By Assignment dated July 10, 1964, recorded July 29, 1964 at Book 520, Reception No.
<br />1441755, Mel C. Bedinger assigned to Globe-News publishing Co., Tnc.,100% interest in and to Oil
<br />azld Gas Lease No. 1 above.
<br />2. $y Assignment dated November 30, 1970, recorded December 24, 1970 at Book 637,
<br />Reception NTO. 1559459, Globe-News Publishing Co., Inc., assigned to Martin J. Freedman all right,
<br />title and interest in and to Oil and Gas Lease INTO. 1 above, reserving 1/Stlz of 8/Sths overriding
<br />royalty interest, subject to proportionate reduction. This assignment is subject to the terms and
<br />conditions contained in various agreements and amendments. By instrument recorded at Book 670,
<br />Reception NTO. 1591674, this Assignment was amended. please see instruments for further details.
<br />3. By Assigzunent dated December 17, 1970,. recorded December 24, 1970 at Book 637,
<br />Reception No. 1559460, Martin J. Freedman assigned to Tom Vessels all right, title and interest in
<br />and to Oil and Gas Lease No. 1 above, subject to 118th of $l8ths previously reserved overriding
<br />royalty interest. This assigmllent is subject to Original Reversion Clause to Globe-News publishing
<br />Co., Inc., and is subject to Letter Agreement dated April 1, 1970 and Amendments thereto dated
<br />Apri19, 1970 and July 27, 1970 between Assignor and Globe-News Publishing.
<br />4. By Assignrz.ent dated July 7, 1972, recorded August 14, 1972 at Book 673, Reception No.
<br />1595426, Thomas G. Vessels assigned to Adolph Coors Company 3/4ths interest in and to Oil and
<br />Gas Lease No. l above, subject to previously reserved 1/8th of S/8ths overriding royalty interest..
<br />This assigzunent is subject to Letter Agreement dated April 1, 1970 and Amendments thereto dated
<br />April 9, 1970 and July 27,1970 and is subject to Agreement dated June 20, 1.972 bett~~een. Thomas
<br />G. Vessels and Adolph Coors Company. Assignee is entitled to its proportionate share in any
<br />extensions, modif cations or renewals affected with Glove-News Publishing Co., Inc., their
<br />successors or assijns. Please note, Affidavit of Identity recorded at Book 1327, Reception No.
<br />2279903, states that Tom Vessels and Thomas G. Vessels are one and. the same person.
<br />5. By Assignment dated. September 1, 1972, recorded September $, 1972 at Baok 675,
<br />Reception Nro. 1597123, Globe-News Publishing Co., Inc., assigned to Donald G. Coltrin, Patricia
<br />lZoberts Walter, and Peter C. Bowes, as Trustees of The Spool Trusts formed on the 18L~ day of
<br />:1•~Iarch, 1966, under that certain Trust Indenture of the Spool 'T'rusts filed in Volume 1.053, pages
<br />339-343, Potter Cauzity, Texas, the "various rights, powers, privileges, reservations and interests
<br />existing under" assigtzn~eut recorded at Baok 637 Reception NTo. 1559459.
<br />~ "tt is distinctly understood and apn~ed as evidenced by your
<br />acceptance of this opinion thai Petroieurn Development
<br />Corporation and its suhsid=.aries are {os o eca ~ `~~ enience
<br />~~rsun, fitn'! of COrpOrat~ ~n +f~I ~ rf,P. 4_~r7n tiliS OplniOn
<br />~o~~~i~r,Fd lay the ~a.,
<br />
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