CONFIDENTIALITY AND NONDISCLOSURE AGREEMENT This Confidentiality and Nondisclosure Agreement (this “Agreement”) dated as of ____________ is between EnCana Oil & Gas (USA) Inc. (“Disclosing Party”) and _________________________ (“Recipient”). In connection with Recipient’s desire to evaluate the possibility of acquiring the Properties described on the Attached Exhibit A (the “Purposes”), Disclosing Party will furnish certain information to Recipient upon the terms and conditions set forth herein. In consideration of the mutual promises set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Disclosing Party and Recipient agree as follows: 1. Confidential Information. Disclosing Party will disclose and make available to Recipient certain Confidential Information for Recipient’s use in connection with the Purposes. The term “Confidential Information” as used in this Agreement shall mean all information that Disclosing Party furnishes to Recipient, whether tangible or intangible and in whatever form or medium provided, as well as all information generated by the Recipient or by its Representatives (as defined below) that contains, reflects or is derived from the furnished information. The term “Confidential Information” shall not include information that (a) is in Recipient’s possession prior to disclosure to Recipient, (b) is or becomes known to the public other than as a result of a breach of this Agreement, or (c) becomes available to Recipient on a non-confidential basis from a source other than Disclosing Party, provided that such source is not known to Recipient to be bound by a confidentiality agreement with, or other fiduciary obligations of confidentiality to, Disclosing Party. 2. Use of Confidential Information. Recipient agrees to keep the Confidential Information confidential and to use the Confidential Information solely for the Purposes and for no other purpose. Recipient may disclose the Confidential Information to such of Recipient’s officers, directors, employees, agents, advisors, consultants and representatives of Recipient or of any parent of, subsidiary of, or other entity controlled by or under common control with, Recipient (collectively, “Representatives”) who have a need to have access to such Confidential Information in order for Recipient to carry out the Purposes and who have agreed to be bound by the provisions of this Agreement. Recipient shall be responsible and liable for any use or disclosure of the Confidential Information by such parties in violation of this Agreement. Nothing herein shall be deemed to prevent disclosure of any of the Confidential Information if, in the opinion of Recipient’s legal counsel, such disclosure is required to be made in a judicial, administrative or governmental proceeding pursuant to a subpoena or other applicable order; provided however, Recipient shall give Disclosing Party prompt notice (unless notice is prohibited by order, subpoena or law) before disclosing any of the Confidential Information and, in making such disclosure, Recipient shall disclose only that portion of the Confidential Information required to be disclosed and will use reasonable efforts to obtain assurance that confidential treatment will be accorded the information; provided however, that Recipient shall be under no obligation to seek a protective order. 3. Nondisclosure of this Agreement. Without the prior written consent of Disclosing Party, neither Recipient nor its Representatives shall, directly or indirectly, disclose to any third party the terms and conditions of this Agreement or of the transactions that are the subject of this Agreement.
4. Return of Documents. Recipient agrees to return to Disclosing Party, within 5 business days after a written request by Disclosing Party, all Confidential Information (including copies thereof) which has been delivered or disclosed to Recipient, or which Recipient has obtained, and to destroy all other related Confidential Information, including, without limitation, all information prepared by Recipient or its Representatives utilizing or relating to any portion of the Confidential Information. Upon written request by Disclosing Party, Recipient shall provide a certificate of destruction of the Confidential Information by one of Recipient’s Representatives who has supervised such destruction. 5. No Representation of Accuracy or Completeness. Recipient understands and acknowledges that the Confidential Information is provided by the Disclosing Party without any representation or warranty, express or implied, as to the accuracy or completeness of the information so provided. The Confidential Information is furnished by Disclosing Party as a convenience only and any reliance on or use of the Confidential Information is at Recipient’s sole risk. 6. Legal Remedies. Recipient acknowledges and agrees that, in the event of any breach of this Agreement, Disclosing Party would be irreparably harmed and could not be made whole by monetary damages. Accordingly, it is agreed that, in addition to any other remedy to which it may be entitled at law or in equity, Disclosing Party shall be entitled to seek an injunction, restraining order, specific performance and other forms of equitable relief. 7. Term. The rights and obligations of the parties hereunder shall terminate two years from the effective date hereof. 8. Assignment. A party may not assign, pledge or otherwise transfer its rights or delegate its duties or obligations under this Agreement without the prior written consent of the other party. A party may, however, assign, pledge or otherwise transfer its rights and delegate its duties or obligations under this Agreement without the consent of the other party to a whollyowned affiliate. 9. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado without giving effect to the conflict of laws provisions thereof. The parties agree that any action or proceeding arising out of or related in any way to this Agreement shall be brought solely in a court of competent jurisdiction sitting in the City and County of Denver, Colorado. The parties hereby irrevocably and unconditionally consent to the jurisdiction of any such court and hereby irrevocably and unconditionally waive any defense of an inconvenient forum to the maintenance of any action or proceeding in any such court, any objection to venue with respect to any such action or proceeding and any right of jurisdiction on account of the place of residence or domicile of any party thereto. The parties hereby irrevocably and unconditionally waive the right to a jury trial in connection with any claim arising out of or related to this Agreement or to the Confidential Information. 10. Entire Agreement. This Agreement constitutes the entire understanding between the parties with respect to the subject matter hereof and supersedes all negotiations, prior discussions or prior agreements and understandings relating to such subject matter. Neither Disclosing Party nor Recipient shall have any obligation or duty to pursue any further agreement or understanding, or to proceed with respect to any additional transaction relating to the Purposes, 2
until a definitive agreement relating thereto has been duly authorized, executed and delivered by the parties. 11. Notices. All notices and other communications required under this Agreement to be in writing shall be addressed to the parties at the addresses or facsimile numbers set forth below each party’s signature, or to such other address or facsimile number of which a party may notify the other party. 12. Validity. In the event that any part of this Agreement is held to be invalid or unenforceable, such part shall be stricken from this Agreement and the remainder of this Agreement shall remain in full force and effect. 13. Miscellaneous. This Agreement may not be altered or amended, nor may any rights hereunder be waived, except by an instrument in writing and executed by the party to be charged with such amendment or waiver. No failure or delay by Disclosing Party in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof. This Agreement shall be binding upon the parties hereto and their respective permitted successors and assigns. Except for the parties hereto and their permitted successors and assigns, nothing in this Agreement, express or implied, is intended to confer upon any other entity or person any benefits, rights or remedies. This Agreement may be executed in counterparts and shall become operative when each party has executed and delivered at least one counterpart. This Agreement may be delivered by facsimile or similar transmission, and a facsimile or similar transmission evidencing execution shall be effective as a valid and binding agreement between the parties for all purposes. This Agreement has been executed on the dates set forth below to be effective as of the date first set forth above. DISCLOSING PARTY: EnCana Oil & Gas (USA) Inc. RECIPIENT:
By_______________________ Name_____________________ Title______________________ Address: 370 17th Street, Suite 1700 Denver, CO 80202
By_________________________ Name_______________________ Title________________________ Address_____________________ ____________________________
Telephone: 303.623.2300 Facsimile: 303.623.9178 Date_______________________
Telephone____________________ Facsimile_____________________ Date_________________________ 3
32N 114W
32N 113W
32N 112W
Exhibit A:Green River & Moxa 2009 Divestiture
32N 110W 32N 109W 32N 108W 32N 107W 32N 106W 32N 105W 32N 104W 32N 103W 32N 103W 32N 102W 32N 101W 32N 100W 32N 99W 32N 98W 32N 97W 32N 96W 32N 95W 31N 111W 31N 110W 31N 109W 31N 108W 31N 107W 31N 106W 31N 105W 31N 104W 31N 103W 31N 102W 31N 101W 31N 100W 31N 99W 31N 98W 31N 97W 31N 96W 31N 95W
Legend
Units EnCana Overrides 32N
EnCana Leases Partial Working Interest
Prospect
32N 32N 92W 94W 93W EnCana Leases 100% Working Interest
Prospect
BIRD CANYON BLUE FOREST
32N BRAVO 91W
CG ROAD
32N 90W
DESOLATION FLATS FIREMAN GOLCONDA
31N 115W
31N 114W
31N 113W
31N 112W
31N 94W
31N 93W MONUMENT BUTTE
MESA SAVANNAH WHISKEY BUTTES
31N 92W
31N 31N HAY RESERVOIR 90W 91W
LOOKOUT WASH MUD SPRINGS RIVA SIBERIA
Big Piney
30N 115W
30N 114W
30N 113W
30N 112W
30N 111W
BRAVO
30N 110W
30N 109W
30N 108W
30N 107W
30N 106W
30N 105W
30N 104W
30N 103W
30N 102W
30N 101W
30N 100W
30N 99W
30N 98W
30N 97W
30N 96W
30N 95W
30N 94W
CG ROAD 30N
93W FIREMAN
GOLCONDA HAY RESERVOIR
30N 92W
30NWAMSUTTER 30N 90W 91W
BIRD CANYON BLUE FOREST EAKIN RANCH
29N 115W
29N 114W
29N 113W
29N 112W
29N 111W
29N 110W
SUBLETTE
29N 109W 29N 108W 29N 107W 29N 106W 29N 105W 29N 104W 29N 103W 29N 102W 29N 101W 29N 100W 29N 99W 29N 98W 29N 97W
FREMONT
29N 96W 29N 95W 29N 94W
LOOKOUT WASH MUD SPRINGS 29N RIVA RUBY WAMSUTTER
93W
29N 92W
29N 29N LITTLE MONUMENT BUTTE 90W 91W
MESA MONUMENT BUTTE OPAL BENCH
LITTLE MESA
28N 115W
28N 114W
28N 113W
28N 112W
28N 111W
28N 110W
28N 109W
28N 108W
28N 107W
28N 106W
28N 105W
28N 104W
28N 103W
28N 102W
28N 101W
28N 100W
28N 99W
28N 98W
28N 97W
28N 96W
28N 95W
28N 94W
28N 93W
28N 92W
28N REYNARD 91W
OUTER BLACKS FORK
28N 90W
SAVANNAH VERNE VALLEY
27N 115W
27N 114W
27N 113W
WAGON SPOKE
27N Bird Canyon 112W
27N 111W
27N 110W
27N 109W
27N 108W
27N 107W
27N 106W
27N 105W
27N 104W
27N 103W
27N 102W
27N 101W
27N 100W
HAY RESERVOIR 27N AREA 27N
58,650 Gross acs 98W 99W 38,604 Net acs 36,554 Undeveloped Gross acs 26,829 Undeveloped Net acs
WHISKEY BUTTES
27N 97W
27N 96W
27N 95W
27N 94W
27N 93W
27N 92W
27N 91W
27N 90W
26N 115W 25.5N 115W 25N 115W 25.5N 114W
26N 114W
26N 113W
26N 112W
26N 111W
26N 111W
26N 110W
26N Monument Butte 109W
26N 108W
26N 107W
26N 106W
26N 105W
26N 104W
26N 103W
26N 102W
26N 101W
26N 100W
25N 114W
25N 113W
25N 112W
25N 111W
25N 111W
25N 110W
25N 109W
MOXA AREA LINCOLN
24N 115W 24N 114W
Little Monument Butte 24N 24N 113W 112W Blue Forest 24N 24N 111W 111W
25N 108W
25N 107W
25N 106W
25N 105W
25N 104W
25N 103W
25N 102W
25N 101W
25N 100W
Areas Included: 26N --HAY RESERVOIR 99W --BRAVO --MUD SPRINGS --FIREMAN --GOLCONDA --RIVA
25N 99W
26N 98W
26N 97W
26N 96W
26N 95W
26N 94W
26N 93W
26N 92W
26N 91W
26N 90W
Golconda
25N 98W
Riva
25N 97W
25N 96W
25N 95W
25N 94W
25N 93W
25N 92W
25N 91W
25N 90W
24N 110W
24N Mesa 109W
23N 115W
23N Savannah 23N 114W 113W
23N 112W
23N 111W
23N 111W
23N 110W
23N 109W
22N 115W
22N 114W
Little 22N Mesa 113W
22N 112W
22N 22N 111W 111W Whiskey Butte
22N 110W
22N 109W
Opal Bench
21N 115W
21N 114W
21N 113W
21N 112W
21N 111W
21N 111W
21N 110W
21N 109W
Areas Included: --BIG PINEY --BIRD CANYON --MONUMENT BUTTE 23N 23N --MESA 108W --BLUE FOREST107W --LITTLE MONUMNET BUTTE --SAVANNAH --LITTLE MESA --WHISKEY BUTTES 22N --OPAL BENCH 22N 108W 107W --WAGON SPOKE --REYNARD --VERNE VALLEY --OUTER BLACKS FORK --EAKIN RANCH
21N 108W 21N 107W
141,822 Gross acs 71,836 Net acs 83,220 Undeveloped Gross acs 43,672 Undeveloped Net acs 24N 24N 108W 107W
Fireman
Mud Springs
24N 106W
24N 105W
24N 104W
24N 103W
24N 102W
24N 101W
24N 100W
24N 99W
24N 98W
24N 97W
24N 96W
24N 95W
24N 94W
24N 93W
24N 92W
24N 91W
24N 90W
23N 106W
23N 105W
23N 104W
23N 103W
23N 102W
23N 101W
23N 100W
23N Bravo 99W
23N 98W
23N 97W
23N 96W
23N 95W
23N 94W
23N 93W
23N 92W
23N 91W
23N 90W
Hay Reservoir
22N 106W
22N 105W
22N 104W
22N 103W
22N 102W
22N 101W
22N 100W
22N 99W
22N 98W
22N 97W
22N 96W
22N 95W
22N 94W
Siberia
22N 93W
22N Ruby 92W
22N 91W
22N 90W
21N 106W
21N 105W
21N 104W
21N 103W
21N 102W
21N 101W
21N 100W
21N 99W
21N 98W
21N 97W
21N 96W
21N 95W
21N 94W
21N 93W
21N 92W
21N 91W
21N 90W
Wagon Spoke
20N 116W
20N 115W
Reynard 20N 114W
20N 113W
20N 112W
20N 112W
20N 111W
20N 110W
20N 109W
20N 108W
20N 107W
20N 106W
20N 105W
20N 104W
20N 103W
20N 102W
20N 101W
20N 100W
20N 99W
20N 98W
20N 97W
20N 96W
20N 95W
20NCG Road 94W
20N 93W
20N 92W
20N 91W
19N 116W
19N 115W
Verne Valley 19N 114W
19N 113W
19N 112W
19N 112W
19N 111W
19N 110W
19N 109W
19N 108W
19N 107W
19N 106W
19N 105W
19N 104W
19N 103W
19N 102W
19N 101W
19N 100W
19N 99W
19N 98W
19N 97W
19N 96W
19N 95W
19N 94W
19N 93W
19N 92W
19N 91W
18N 116W
18N 115W
18N 114W
18N Outer Blacks Fork 18N 18N 113W 112W 112W
18N 111W
18N 110W
18N 109W
18N 108W
18N 107W
18N 106W
18N 105W
18N 104W
18N 103W
18N 102W
18N 101W
18N 100W
18N 99W
18N 98W
18N 97W
18N 96W
18N 95W
18N 94W Wamsutter
18N 93W
18N 92W
18N 91W
17N 116W
17N 115W
17N 114W
17N 113W
Eakin Ranch
17N 112W
17N 112W
17N 111W
17N 110W
17N 109W
17N 108W
17N 107W
17N 106W
17N 105W
17N 104W
17N 103W
17N 102W
17N 101W
16N 116W
16N 16N UINTA 114W 115W
SWEETWATER
16N 113W 16N 16N 112W 112W 16N 111W 16N 110W 16N 109W 16N 108W 16N 107W 16N 106W 16N 105W 16N 104W 16N 103W 16N 102W
17N 17N WAMSUTTER AREA 98W 99W 57,586 Gross acs 32,849 Net acs 34,640 Undeveloped Gross acs 21,978 Undeveloped Net acs 16N 16N 16N 16N 16N Areas Included: 101W 99W 100.5W 100W 98W --WAMSUTTER
17N 100W
17N 97W
17N 96W
17N 95W
17N 94W
17N 93W
17N 92W
17N 91W
16N 97W
16N 96W
16N 95W
16N 94W
16N 93W
16N CARBON 92W
16N 91W
15N 116W
15N 115W
15N 114W
15N 113W
15N 15N 112W 112W
15N 111W
15N 110W
15N 109W
15N 108W
15N 107W 15N 107W 0 0
15N 106W
15N 105W
15N 104W
15N 103W
15N 102W
--CG ROAD --SIBERIA --RUBY 15N 15N --LOOKOUT WASH 15N 15N 15N 101W 15N 99W 98W 100.5W 100W --MULLIGAN DRAW (Desolation Flats)
97W
Mulligan Draw 15N 96W
15N 95W
15N 94W
15N 93W
15N 92W
15N 91W
14N 116W
14N 115W
14N 114W
14N 113W
14N 14N 112W 112W
14N 111W
14N 110W
14N 109W
14N 108W
14N 107W
0 0
14N 106W
14N 105W 14N 105W
14N 104W
14N 103W
14N 102W
14N 101W
14N 100W
14N 99W
14N 98W
14N 97W
14N 96W
14N 95W
14N 94W
14N 93W Lookout Wash
14N 92W
14N 91W
13N 116W
13N 115W
13N 114W
13N 113W
13N 13N 112W 112W
13N 111W
13N 110W
13N 109W
13N 108W
13N 107W
13N 106W
13N 105W 13N 13N 105W105W
13N 104W
13N 103W
13N 102W
13N 101W
13N 100W
13N 99W
13N 98W
13N 97W
13N 96W
13N 95W
13N 94W
13N 93W
13N 92W
13N 91W
S:\NR\PF\MB\Projects\Wyoming\GRB\2009_Divest\GreenRiverMoxa_MasterDivestiture2009_REV 09/08/2009