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Home My WebLink About20010930.tiff '�-G/ -03/ RESOLUTION RE: APPROVE PETITION FOR ABATEMENT OR REFUND OF TAXES - PRIMA OIL AND GAS COMPANY WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners of Weld County, State of Colorado, at a duly and lawfully called regular meeting held on the 26th day of March, 2001, at which meeting there were present the following members: Chair M. J. Geile and Commissioners Glenn Vaad, William H. Jerke, and Robert D. Masden, with Commissioner David E. Long excused, and WHEREAS, notice of such meeting and an opportunity to be present has been given to the taxpayer and the Assessor of said County, and said Assessor, Stan Sessions, being represented by Christopher Woodruff, and taxpayer Prima Oil and Gas Company, not being present, and WHEREAS, the Board of County Commissioners have carefully considered the attached application, and are fully advised in relation thereto. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Board concurs with the recommendation of the assessor and the petition be and hereby is, approved, and an abatement refund be allowed as follows: ASSESSED TOTAL TAX VALUATION TAX AMOUNT YEAR 1,621,830.00 132,933.32 1998 2001-0930 AS0048 TAX ABATEMENT PETITION - PRIMA OIL AND GAS COMPANY PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 26th day of March, A.D., 2001. BOARD OF C UNTY COMMISSIONERS WELD CO Y, COLORADO ATTEST: ad,1 ,SELF%4n g,& i � 4,. %M. J. elle, C .ir Weld County Clerk to the[pp �� _lO.a .' 1 BY: �r. t Glenn Vaad, r•-- Deputy Clerk to the B•.�+ s � �" (I William H. Jerke APPROVE-I; AS T M: EXCUSED Davi E. Long C PICney Robert asden 2001-0930 AS0048 x. I o e• PETITION FOR ABATEMENT OR REFUND OF TAXES Please submit in duplicate copies and answer all questions. County Name Wel d Date Received Assessors or Commissioners'Date Stamp -. J,.__._.__ \ PETITIONER: Complete Section Ion this side only P' Section I: . im 1 4 1; L^ C :'1TY f;cC-c -1 Date: December 15, 2000 k , Month Day Year C""'`'. ' C, :o.a—C - Petitioner's Name: Prima Oil & Gas Company I Petitioner's mailing address: c/o Logan & Fi rmi ne, Inc. 333 W. Hampden Ave. , Sui te.140 Englewood CO 80110 y City or Town State Zip Code SCHEDULE OR PARCEL NUMBER PROPERTY ADDRESS OR LEGAL DESCRIPTION OF PROPERTY See Attached Schedule Various Petitioner states that the taxes assessed against the above property for property tax year(s) 1998,_are incorrect for the following reasons: (Briefly describe the circumstances surrounding the incorrect value or tax. (The petitioner's estimate of actual value must be included.) Attach additional sheets if necessary. The 1998 Oil and Gas Returns for Prima Oil & Gas Company did not take allowable deductions. Assessed Value Tax ,, Original 16,454,310 1,348,876.04 Corrected 14,832,480 1,215,942.72 Abate/Refund 1,621,830 132,933.32 Assessed Value 14,832,480 Petitioner's estimate of actual value$16,951,406 ( 1998 )and $ L—_ Value Year Value Year Petitioner requests an abatement or refund of the appropriate taxes associated with a reduction in value. I declare, under penalty of perjury in the second degree, that this petition, together with any accompanying exhibits or statements, has been examined by me, and to the best of my knowledge, information and belief, is true, correct and complete. • Prima Oil & Gas Company Daytime Phone Number( 303 ) 297-2300 Petitioner o By Richard D. Logan Daytime Phone Number( 303 ) 761-8260 cAg nr7 ,/rvO "Letter of agency must be attached when petition is submitted. Every petition for abatement or refund filed pursuant to section 39-10-114, C.R.S., shall be acted upon pursuant to the provisions of this section by the board of county commissioners or the assessor, as appropriate, within six months of the date of filing such petition. 39-1-113(1.7), C.R.S. Section II: Assessor's Use Only Tax Year Tax Year Assessed Value Tax Assessed Value Tax Original Corrected Abate/Refund co." /95S, e Pet 2001-0930 (FOR ASSESSORS AND COUNTY COMMISSIONERS USE ONLY) RESOLUTION OF COUNTY COMMISSIONERS Section I: In accordance with 39-1-113(1.5), C.R.S. the commissioners of County authorize the assessor to review petitions for abatement or refund and to settle by written mutual agreement any such petition for abatement or refund in an amount of one thousand dollars or less per tract, parcel, or lot of land or per schedule of personal property. For property tax year(s) and , the assessor and petitioner mutL ally agree to the corrected total assessed value of$ and to the corrected total taxes of$ The petitioner is due an abatement/refund of taxes in the amount of$ PLEASE NOTE: THE TOTAL TAX AMOUNT DOES NOT INCLUDE ACCRUED INTEREST, PENALTIES,AND FEES ASSOCIATED WITH LATE AND/OR DELINQUENT TAX PAY"? "NTS, IF APPLICABLE. PLEASE CONTACT YOUR COUNTY TREASURER FOR FULL PAYMENT IN. ,RMATION. Petitioner's Signature Date Assessor's or Deputy Assessor's Signature Date If Section I is not complete and/or if petition is for more than $1,000, Section II must be completed. Submit an original petition and a copy to the Division of Property Taxation. Section II: Assessor's recommendation: ❑ Approved or 0 Approved in part$ No protest filed in or . (If a protest was filed, please attach a copy of NOD.) ❑ Denied for the following reason(s):7✓r J /i%/j / . - .v �� i v.• N'1 u7 Section III: WHEREAS, The County Commissioners of County, State of Colorado, at a duly and lawfully called regular meeting held on / / , at which meeting there were present the following mo day yr members: with notice of such meeting and an opportunity to be present having been given to the taxpayer and the Assessor of said County and Assessor (being present/not present) Name and petitioner (being present/not present), and WHEREAS, The said Name County Commissioners have carefully considered the within application, and are fully advised in relation thereto, NOW BE IT RESOLVED, That the Board with the recommendation of the assessor agrees/does not agree and the petition be and an abatement/refund be for property tax year(s) (approved/Denied) (approved/denied) and . The total taxes*to be abated or refunded are$ which represents an assessed value*of$ for property tax year(s) and . *If abating/refunding taxes for more than one year, add the taxes together for a total tax to be abated/refunded: likewise, add the corresponding assessed values together. Chairperson of the Board of County Commissioners I. County Clerk and Ex-officio Clerk of the Board of County Commissioners in and for the aforementioned county, do hereby certify that the above and foregoing order is truly copied from the record of the proceedings of the Board of County Commissioners. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said County at , this day of Time Date Month Year County Clerk By Deputy County Clerk ACTON OF THE PROPERTY TAX ADMINISTRATOR Denver, Colorado, C—7 — of Month Day Year The action of the Board of County Commissioners, relative to the within petition, is hereby �ppcas Approved in part$ ; 0 Denied for the `'flowing reason(s): sEcretary __�� I v , Property Tax Administrator G:\U S R\..M,BATEWO RM R E V 2-2000 To: Weld County Assessor 1400 N. 17"'Avenue Greeley, CO 80631 From: Prima Oil & Gas Company 1801 Broadway, Suite 500 Denver, CO 80202 • This is to authorize Logan & Firmine.l Inc., 333 W. Hampden Avenue, Suite 740, Englewood, CO. 80110, to act in ourbehalf as our agent in property tax matters for properties that we own, possess or control in your County. This agent is delegated authority to file and sign property statements, notices of protest and negotiate and resolve disputed tax matters, and we accept responsibility for any and all actions he makes in our behalf regarding property tax matters. This authorization is effective until, revoked by the owner, a partner, or a corporate officer and supersedes all prior authorizations. Signs`d ;e0. Title: V`ic.eltsid +oP ACcAu A-+; Phone: o. .-a,91-a3.60 Date: / a- ((- 0 • PRIMA OIL&GAS COMPANY PETITION FOR REFUND Of TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Abate./ Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (RO) (Roil) Deduction LM tation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate O0253487 ALLISON24-1RC Weld 13,070 1024.08 3,930 307.93 9,140 716.15 4,488 0 0 4,488 14,190 4,488 0.000000% 0.8750 3930 307.93 102 0.078354 O0172690 ALLISON24-2RC Weld 23,560 1846.02 5,930 464.64 17,630 1,381.38 6,780 0 0 6,780 25.579 6,780 0.000000% 0.8750 5930 464.64 102 0.078354 O4363886 ALLISON 24-3 Weld 12,480 977.86 3.600 282.07 8.880 695.79 4,112 0 0 4,112 13.550 4,112 0.000000% 0.8750 3600 282.07 102 0.078354 O0196090 AMEN#1 Weld 40,930 3276.20 4,130 330.58 36,800 2,945.62 4,038 25 656 4,720 44,438, 4,720 0.000000% 0.8750 4130 330.58 520 0.080044 O0091495 AMIGO 17-12 Weld 23,410 1908.50 6,030 491.60 17.380 1,416.90 3,951 1.337 1,599 6,887 25,417 6,887 0.000000% 0.8750 6030 491.60 220 0.081525 O0091595 AMIGO 17-24 Weld 29,320 2390.32 6,180 503.82 23,140 1,886.50 3.958 1.416 1,694 7.069 31,833 7,069 0.000000% 0.8750 6180 503.82 220 0.081525 O1151797 ANDERSON 4-44 Weld 167,690 14538.56 4,600 398.82 163.090 14,139.74 4.987 132 134 5.254 182.063 5,254 0.000000% 0.8750 4600 398.82 604 0.086699 O0063691 API 24-1 RC Weld 120,920 9474.56 3,820 299.31 117,100 9,175.25 4.367 0 0 4,367 131,285 4,367 0.000000% 0.8750 3820 299.31 102 0.078354 O0172793 API 24-22 RC Weld 131,740 10322.36_ 4,880 382.37 126.860 9,939.99 4,670 367 537 5,574 143,032 5,574 0.000000% 0.8750 4880 382.37 102 0.078354 O1077197 API 24-24 Weld 112,950 8850.08 9,380 734.96 103.570 8,115.12 7,813 1,444 1,462 10,720 122,631 10,720 0.000000% 0.8750 9380 734.96 102 0.078354 O1087897 API 24-34 Weld 222,830 17459.62 6,850 536.72 215,980 16,922.90 5,754 1,030 1,043 7,827 241,930 7,827 0.000000% 0.8750 6850 536.72 102 0.078354 O0008994 API 24-42 Weld 83,190 6518.26_ 5.240 410.57 77,950 6,107.69 4.296 844 854 5,994 90,321 5,994 0.000000% 0.8750 5240 410.57 102 0.078354 O4631986 APPOLLO41 Weld 50,180 5594.42 5,620 626.56 44,560 4,967.86 5.622 404 394 6,420 54,481 6,420 0.000000% 0.8750 5620 626.56 587 0.111487 O0314994 ARISTOCRAT 11-1 Weld 45,490 3564.33 3,350 262.49 42,140 3,301.84 3,834 0 0 3,834 49,389 3,834 0.000000% 0.8750 3350 262.49 102 0.078354 O0314994 ARISTOCRAT 11-2 Weld 15,170 1188.63 3,440 269.54 11.730 919.09 3,926 0 0 3,926 16,470 3.926 0.000000% 0.8750 3440 269.54 102 0.078354 O0315494 ARISTROCRAT 11-21 Weld 33,290 2608.40 4,410 345.54 28,880 2,262.86 3,911 459 671 5.042 36,143 5.042 0.000000% 0.8750 4410 345.54 102 0.078354 O0315194 ARISTROCRAT 11-24 Weld 33.280 2607.62 4.210 329.87 29,070 2,277.75 3.936 357 521 4,814 36,133 4,814 0.000000% 0.8750 4210 329.87 102 0.078354 O0087495 ARTIST 11-12 Weld 34,080 3291.24 4,790 462.59 29,290 2,828.65 3,722 800 957 5,479 37,001 5,479 0.000000% 0.8750 4790 462.59 417 0.096574 _O0009594 BAIER 25-11 Weld 36,950 2858.64 4,650 359.75 32,300 2,498.89 3.932 597 786 5,316 40,117 5,316 0.000000% 0.8750 4650 359.75 121 0.077365 O0087395 BARNARD 4-22 Weld 78,700 6277.74 6,280 500.94 72,420 5,776.80 3,999 1,448 1,732 7,180 85.446 7.180 0.000000% 0.8750 6280 500.94 140 0.079768 O0087695 BARNARD4-23 Weld 100,090 7983.98 3,830 305.51 96,260 7,678.47 4,057 147 176 4.380 108.669 4.380 0.000000% 0.8750 3830 305.51 140 0.079768 O0268888 BAUER9-1 Weld 15,670 1300.54 3.400 282.19 12270 1,018.35 3,886 0 0 3.886 17,013 3,886 0.000000% 0.8750 3400 282.19 743 0.082996 O0314894 BEEBE DRAW 11-1 Weld 14,730 1154.16 3,320 260.14 11,410 894.02 3.791 0 0 3,791 15,993 3,791 0.000000% 0.8750 3320 260.14 102 0.078354 O0315094 BEEBE DRAW 11-2RC Weld 42.870 3359.04`_ 3,410 267.19 39.460 3,091.85 3.892 0 0 3,892 46,545 3,892 0.000000% 0.8750 3410 287.19 102 0.078354 _O4807786 BEELER a1 Weld 14,750 1141.14 3,790 293.21 10.960 847.93 4,330 0 0 4,330 16,014 4,330 0.000000% 0.8750 3790 293.21 121 0.077365 O0303494 BEITMAN 4-1 Weld 6,350 517.20_ 3,260 265.52 3,090 251.68 3,725 0 0 3,725 6,894 3.725 0.000000% 0.8750 3260 265.52 226 0.081448 O0113894 BERNHARDT 1-11 Weld 39,400 3264.84 4,510 373.72 34,890 2,891.12 3,873 554 729 5,156 42.777 5.156 0.000000% 0.8750 4510 373.72 552 0.082864 O0114394 BERNHARDT 1-12 Weld 39,400 3264.84 4,680 387.80 34,720 2,877.04 3,874 638 839 5,351 42,777 5,351 0.000000% 0.8750 4680 387.80 552 0.082864 O0118094 BERNHARDT 13-12 Weld 67,410 5585.86 6,210 514.59 61,200 5,071.27 4,055 1,387 1,659 7,101 73.188 7,101 0.000000% 0.8750 6210 514.59 550 0.082864 Page 1 of 13 PRIMA OIL&GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Abate.! Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Roll) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate 00115194 BERNHARDT13-14 Weld 46,210 3829.14 5.770 478.13 40,440 3,351.01 4,035 1,104 1,453 6.592 50,171 6.592 0.000000% 0.8750 5770 478.13 550 0.082864 O0030294 BERNHARDT7-31 Weld 47.900 3969.18 4,800 397.75 43,100 3,571.43 3,889 691 909 5.489 52.006 5,489 0.000000% 0.8750 4800 397.75 550 0.082864 00065491 BETZ WI Weld 56.050 4471.00 3,700 295.14 52,350 4,175.86 4,233 0 0 4.233 60.854 4.233 0.000000% 0.8750 3700 295.14 138 0.079768 00276794 BETZ9-14 Weld 44.330 3673.36 4.270 353.83 40,060 3,319.53 4,295 254 335 4.884 48,130 4,884 0.000000% 0.8750 4270 353.83 550 0.082864 O0077092 BETZ 9-44 Weld 54,380 4337.78 3.810 303.92 50.570 4,033.86 4,291 23 38 4,353 59,041 4,353 0.600000% 0.8750 3810 303.92 138 0.079768 O0052495 BICKLING3-41 Weld 40.950 3338.44 5.490 447.57 35,460 2,890.87 3,784 1,134 1,357 6,276 44.460 6.276 0.000000% 0.8750 5490 447.57 221 0.081525 O0090795 BICKLING 3-42 Weld 54,600 4451.26 4,220 344.04 50,380 4,107.22 3,786 471 563 4,820 59,280 4,820 0.000000% 0.8750 4220 344.04 221 0.081525 O0090695 BICKLING 3-44 Weld 40,950 3338.44 4,050 330.18 36,900 3,008.26 3,779 388 465 4,633 44,460 4,633 0.000000% 0.8750 4050 330.18 221 0.081525 00309394 BOHLENDER 13-IRC Weld 44,430 3544.10 4,420 352.57 40,010 3,191_53 5,049 0 0 5,049 48,238 5.049 0.000000% 0.8750 4420 352.57 138 0.079768 00174693 BOHLENDER29-13 Weld 50,450 3908.10 4,540 351.69 45,910 3,556.41 4,090 444 649 5,184 54,774 5,184 0.000000% 0.8750 4540 351.69 128 0.077465 00107589 BOHLENDER33-02 Weld 26,310 2087.80 3,540 280.91 22,770 _1,806.89 4,050 0 0 4,050 28,565 4,050 0.000000% 0.8750 3540 280.91 104 0.079354 O0087295 BOHLENDER 33-03RC Weld 112,370 8917.00 3,880 _ 307.89 108,490 8,609.11 4,435 0 0 4,435 122,002 4,435 0.000000% 0.8750 3880 307.89 104 0.079354 00066791 BOHLENDER33-05 Weld 36,700 2912.30 3,390 269.01 33,310 2,643.29 3,879 0 0 3,879 39,846 3,879 0.000000% 0.8750 3390 269.01 104 0.079354 00066791 BOHLENDER33-O6 Weld 36,710 2913.08 3,400 269.80 33,310 2,643.28 3,881 0 0 3,881 39,857 3.881 0.000000% 0.8750 3400 269.80 104 0.079354 00066791 BOHLENDER 33-07 Weld 36,710 2913.08 3,430 272.18 33,280 2,640.90 3,915 0 0 3,915 39,857 3.915 0.000000% 0.8750 3430 272.18 104 0.079354 O0077292 BOHLENDER33-22RC Weld 134,090 10640.58 6,250 495.96 127,840 10.144.62 7,138 3 5 7,147 145,583 7147 0.000000% 0.8750 6250 495.96 104 0.079354 00120194 BOOTH 25-11 Weld 60,640 4878.98 4.540 365.28 56,100 4,513.70 3,913 553 727 5,193 65,838 5.193 0.000000% 0.8750 4540 365.28 556 0.080458 00120294 BOOTH 25-12 Weld 30,330 2440.30 5,000 402.29 25,330 2,038.01 3,917 820 981 5,719 32,930 5,719 0.000000% 0.8750 5000 402.29 556 0.080458 00278495 BOOTH 25-14 Weld 60,640 4878.98 4,770 383.78 55,870 4,495.20 3,920 697 834 5,451 65,838 5,451 0.000000% 0.8750 4770 383.78 556 0.080458 00163892 BOULTER 31-2 Weld 34,780 2992.08 3,280 282.18 31,500 2,709.90 3,751 0 0 3,751 37,761 3,751 0.000000% 0.8750 3280 282.18 732 0.086029 00193290 BOULTER 10-1 Weld 41,650 3322.34 3,450 275.20 38,200 3,047.14 3,943 0 0 3,943 45,220 3,943 0.000000% 0.8750 3450 275.20 138 0.079768 00076692 BOULTER 10-41 Weld 59,860 4750.14 4,820 382.49 55,040 4,367.65 5,400 39 64 5,503 64,991 5,503 0.000000% 0.8750 4820 382.49 108 0.079354 00076792 BOULTER 10-43 Weld 39,880 3181.14 6,430 512.91 33,450 2,668.23 7,327 10 16 7,353 43,298 7,353 0.000000% 0.8750 6430 512.91 138 0.079768 _04346086 BOULTER 11-1 Weld 28,320 2259.02 3,270 260.84 25,050 1,998.18 3,737 0 0 3,737 30747 3,737 0.000000% 0.8750 3270 260.84 140 0.079768 00163792 BOULTER 31-1 Weld 13,800 1187.20 3,330 286.48 10,470 900,72 3,800 0 0 3,800 14,983 3,800 0.000000% 0.8750 3330 286.48 732 0.086029 00271394 BRIGGS 141 Weld 79,900 6181.46 5,130 396.88 74,770 5,784.58 4,121 751 988 5,860 86,749 5.860 0.000000% 0.8750 5130 396.88 121 0.077365 00009094 BRIGGS 1-12 Weld 70,560 5458.88 4,710 364-39 65,850 5,094.49 4,088 559 736 5,384 76,608 5,384 0.000000% 0.8750 4710 364.39 121 0.077365 00271494 BRIGGS 1-14 Weld 50,520 3908.48 5,160 399.20 45,360 3,509.28 4,106 775 1,020 5,902 54,850 5,902 0.000000% 0.8750 5160 399.20 121 0.077365 • 00088695 BROWN 3-14 Weld 47,930 3907.50 6,420 523.39 41,510 3,384.11 3,883 1,572 1,881 7,336 52,038 7,336 0.000000% 0.8750 6420 523.39 221 0.081525 • Page 2 of 13 PRIMA OIL&GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate./ Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Roll) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate O0075692 BRUNNER 14-1 Weld 25,140 2100.54 3,760 314.16 21.380 1,786.38 4,294 0 0 4.294 27,295 4,294 0.000000% 0.8750 3760 314.16 740 0.083554 O0252988 BURKE 24-IRC Weld 23.300 1825.64 9,170 718.51 14,130 1,107.13 10,481 0 0 10,481 25.297 10.481 0.000000% 0.8750 9170 718.51 102 0.078354 O0252988 BURKE 24-2RC Weld 23,550 1845.24 7.190 563.37 16.360 1,281.87 8,222 0 0 8,222 25,569 8.222 0.000000% 0.8750 7190 563.37 102 0.078354 O0064391 BURKE 24-3 Weld 15,130 1185.50 3,520 275.81 11.610 909.69 3,942 18 60 4,019 16,427 4,019 0.000000% 0.8750 3520 275.81 102 0.078354_ O0064591 BURKE24-35 Weld 11.640 912.04 6,130 480.31 5,510 431.73 7,008 0 0 7,008 12,638 7.008 0.000000% 0.8750 6130 480.31 102 0.078354 O0156787 CARLSON 10-1 Weld 4,450 362.44 3.160 257.38 1,290 105.06 3.611 0 0 3,611 4,831 3.611 0.000000% 0.8750 3160 257.38 226 0.081448 O0171993 CARPIO 2241 Weld 19,730 1629.34 3,210 265.09 16,520 1,364.25 3,671 0 0 3.671 21,421 3,671 0.000000% 0.8750 3210 265.09 713 0.082582 O0089595 CECIL 23-13 Weld 38,560 32]8.]2 6.250 531.43 32,310 2,747.29 4,284 1,301 1,557_ 7,142 41,865 7,142 0.000000% 0.8750 6250 531.43 752 0.085029 O1207986 CHAMPLIN23-3 Weld 18,460 1542.40 4.360 364.30 14,100 1,178.10 4.986 0 0 4,986 20,042 4.986 0.000000% 0.8750 4360 364.30 740 0.083554 O0278395 CHRISTIANSEN 1-35 Weld 34,890 2990.56 5.140 440.57 29,750 2,549.99 4,153 699 1.022 5.874 37,881 5,874 0.000000% 0.8750 5140 440.57 429 0.085714 O0171793 COBB 6-23 Weld 23,960 2061.26 4,370 375.95 19,590 1,685.31 3,972 415 607 4,995 26,014 4,995 0.000000% 0.8750 4370 375.95 738 0.086029 O0115094 COCKROFT 11-23 Weld 19,040 1582.98 6,120 508.82 12,920 1,074.16 4.269 1,239 1,463 6,992 20,672 6.992 0.000000% 0.8750 6120 508.82 712 0.08314 O0153988 COLLINS 1-1 Weld 14,190 1111.84 3,350 262.49 10,840 849.35 3,829 0 0 3,829 15,406 3.829 0.000000% 0.8750 3350 262.49 102 0.078354 O0091195 CORNELIUS 11-22 Weld 27,170 2128.88 4,900 383.93 22.270 1,744.95 3,942 792 869 5,603 29,499 5.603 0.000000% 0.8750 4900 383.93 102 0.0]8354 O0090995 CORNELIUS 11-23 Weld 27,640 2165.70 4.840 379.23 22,800 1,786.4] 3,945 725 867 5,537 30,009 5.537 0.000000% 0.8750 4840 379.23 102 0.0]8354 O4263386 COXB-1 Weld 9.690 823.94 4.610 391.98 5,080 431.96 5,270 0 0 5.270 10,521 5.270 0.000000% 0.8750 4610 391.98 742 0.085029 O0170893 DECHANT 7-11 Weld 17,870 1474.46 3.370 278.06 14,500 1,196.40 3,850 0 0 3,850 19,402 3.850 0.000000% 0.8750 3370 278.06 730 0.08251 O0171693 DECHANT 7-14 Weld 17,870 1474.46 3,370 278.06 14,500 1,196.40 3.851 0 0 3,851 19,402 3,851 0.000000% 0.8750 3370 278.06 730 0.08251 O4262986 DIETRICH 7-1 Weld 82.400 7006.38 4,890 415.79 77,510 6,590.59 5.591 0 0 5.591 89,463 5,591 0.000000% 0.8750 4890 415.79 742 0.085029 O0091695 DIRGES 3-33 Weld 30,510 2549.24 6.130 512.19 24,380 2,037.05 3,900 1.413 1,690 7.003 33,125 7,003 0.000000% 0.8750 6130 512.19 740 0.083554 O4289686 DINNER 1-1 Weld 12,100 1062.40 3,280 287.99 8,820 774.41 3.750 0 0 3,750 13.137 3,750 0.000000% 0.8750 3280 287.99 749 0.087802 O1051996 DINNER 1-14 Weld 84,320 7403.46 5,450 478.52 78,870 6,924.94 3,951 1,086 1,191 6,229 91,547 6,229 0.000000% 0.8750 5450 478.52 749 0.087802 O4289]86 DINNER 1-2 Weld 17,130 1496.96 3,660 319.84 13,470 1,177.12 4,182 0 0 4.182 18,598 4,182 0.000000% 0.8]50 3660 319.84 718 0.087388 O4289886 DINNER 1-3 Weld 20,710 1818.38 3,450 302.92 17,260 1,515.46 3,940 0 0 3,940 22.485 3,940 0.000000% 0.8750 3450 30292 749 0.087802 O1253186 DINNER 14-1RC Weld 8,910 726.38 3,630 295.94 5,280 430.44 4,146 0 0 4,146 9,674 4.146 0.000000% 0.8750 3630 295.94 220 0.081525 O0009294 DINNER 142 Weld 93,650 8222.66 7,890 692.76 85,760 7,529.90 8,298 345 378 9.021 101,677 9.021 0.000000% 0.8750 7890 692.76 749 0.087802 O0008194 DINNER 1-44 Weld 40,660 3570.02 4,350 381.94 36,310 3,188.08 4,117 367 483 4.967 44,145 4,967 0.000000% 0.8750 4350 381.94 749 0.087802 O1254386 DINNER 15-1RC Weld 71.810 5848.78 41,120 3,349.14 30.690 2,499.64 46,951 17 26 46,994 77,965 46,994 0.000000% 0.8750_ 41120 3,349.14 226 0.081448 O4261486 DINNER 6-1 Weld 16.360 1407.44 3,260 280.45 13,100 1,126.99 3,722 0 0 3,722 17,762 3.722 0.000000% 0.8750 3260 280.45 738 0.086029 Page 3 of 13 PRIMA OIL 8 GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate./ Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Ro8) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate 04261586 DINNER 6-2 Weld 12,920 1111.50 3,280 282.18 9,640 829.32 3,747 0 0 3.747 14,027 3,747 0.000000% 0.8750 3280 282.18 738 0.086029 00156387 DINNER 6-3 Weld 14,700 1264.62 3,410 293.36 11,290 971.26 3.898 0 0 3.898 15,960 3,898 0.000000% 0.8750 3410 293.36 738 0.086029 03917986 DOLL 23-1 Weld 7,700 674.36 3,300 289.01 4,400 385.35 3,767 0 0 3.767 8,360 3.767 0.000000% 0.8750 3300 289.01 698 0.087578 01587186 DUNGAN#1 Weld 6.820 581.74 3,210 273.81 3,610 307.93 3.664 0 0 3,664 7.405 3,664 0.000000% 0.8750 3210 273.81 400 0.0853 O0009494 EHRLICH 23-11 Weld 50,980 5683.60 4,170 464.90 46.810 5,218.70 4,137 274 360 4,771 55,350 4,771 0.000000% 0.8750 4170 464.90 589 0.111487 00009194 EHRLICH 23-14 Weld 33,280 3710.28 4,700 523.99 28.580 3,186.29 4,173 516 679 5,368 36,133 5,368 0.000000% 0.8750 4700 523.99 589 0.111487 00072492 EMC36-1 Weld 12,600 1013.78 3,620 291.26 8.980 722.52 4,724 0 0 4,724 15,634 4,724 12.500000% 0.8750 3620 291.26 557 0.080458 00191493 EMC 36-2 Weld 23,510 1891.56 3,620 291.26 19.890 1,60030 4,726 0 0 4,726 29,172 4,726 12.500000% 0.8750 3620 291.26 557 0.080458 _00152490 ENGLISH 31-20 Weld 28,390 2433.42 3,810 326.57 24,580 2,106.85 4,309 2 47 4.358 30,823 4,358 0.000000% 0.8750 3810 326.57 430 0.085714 00090395 ERICKSON 5-43 Weld 31.760 2589.24 6,040 492.41 25,720 2,096.83 3,950 1,345 1,609 6,905 34,482 6,905 0.000000% 0.8750 6040 492.41 220 0.081525 04963386 FARAMIR FARMS 6-2 Weld 15,860 1348.56 3.370 286.55 12,490 1,062.01 3,847 0 0 3.847 17,219 3,847 0.000000% 0.8750 3370 286.55 753 0.085029 04963186 FARAMIR FARMS6-1RC Weld 116,670 9920.34 5,010 426.00 111,660 9,494.34 5.718 2 7 5,727 126,670 5,727 0.000000% 0.8750 5010 426.00 753 0.085029 04963286 FARAMIR FARMS 6-3 Weld 15,690 1334.10 5,600 476.16 10,090 857.94 3,998 1,196 1,211 6,405 17,035 6,405 0.000000% 0.8750 5600 476.16 753 0.085029 01088797 FARAMIR FARMS 632- Weld 196,490 16707.34 5.030 427.70 191,460 16,279.64 5,751 0 0 5,751 213,332 5,751 0.000000% 0.8750 5030 427.70 753 0.085029 01076797 FARAMIR FARMS 634 Weld 196,610 16717.56 5,270 448.10 191,340 16,269.46 5,351 335 339 6,026 213,462 6,026 0.000000% 0.8750 5270 448.10 753 0.085029 00154788 FARAMIR FARMS 6-4 Weld 17,450 1483.76 3,740 318.01 13.710 1,165.75 4,279 0 0 4,279 18,946 4,279 0.000000% 0.8750 3740 318.01 753 0.085029 04077786 FERGUSON 35-1 Weld 37,610 2929.02 4,250 330.99 33.360 2.598.03 4,261 42 555 4,858 40,834 4,858 0.000000% 0.8750 4250 330.99 142 0.077879 00309294 FRANK 13-1 Weld 15,520 1238.00 3,960 315.88 11,560 922.12 4,520 0 0 4,520 16,850 4,520 0.000000% 0.8750 3960 315.88 138 0.079768 01077297 FRANK 13-21 Weld 252,860 20170.14 6,890 549.60 245,970 19.620.54 6,187 839 850 7,876 274,534 7,876 0.000000% 0.8750 6890 549.60 138 0.079768 00272394 FRANK 25-13 Weld 36,940 2857.86 4,860, 375.99 32,080 2,481.87 3,848 739 972 5,559 40,106 5,559 0.000000% 0.8750 4860 375.99 121 0.077365 00088495 FRANK 32-23 Weld 81,150 6032.04 5.650 419.98 75,500 5,612.06 4,496 894 1,070 6.460 88,106 6,460 0.000000% 0.8750 5650 419.98 106 0.074332 00088195 FRANK 32-24 Weld 39,970 2971.06 4,900 364.23 35,070 2,606.83 4,525 488 583 5,596 43,396 5.596 0.000000% 0.8750 4900 364.23 108 0.074332 04350186 FRY 13-1 Weld 15,100 1198.24 3.330 264.25 11,770 933.99 3,806 0 0 3.806 16,394 3.806 0.000000% 0.8750 3330 264.25 108 0.079354 00154288 FRY 13-2 Weld 9,180 728.46 3,250 257.90 5,930 470.56 3.715 0 0 3.715 9,967 3.715 0.000000% 0.8750 3250 257.90 108 0.079354 O0252088 FRY 18-1 Weld 10.580 899.60 3,700 314.61 6,880 584.99 4,232 0 0 4,232 11,487 4,232 0.000000% 0.8750 3700 314.61 742 0.085029 01087797 GILCREST TOWNSITE 21-34 Weld 66,630 5154.82 6.490 502.10 60.140 4,652.72 4,446 1,476 1,495 7,417 72.341 7.417 0.000000% 0.8750 6490 502.10 121 0.077365 O0075992 GILCREST TOWNSITE 28-12 Weld 53,350 3965.62 3.650 271.31 49,700 3,694.31 4,171 0 0 4,171 57.923 4,171 0.000000% 0.8750 3650 271.31 106 0.074332 01205386 GILL LAND 22-1RC Weld 18.020 1495.58 3,510 291.32 14,510 1,204.26 4,011 0 0 4,011 19,565 4,011 0.000000% 0.8750 3510 29132 743 0.082996 01205186 GILL LAND 22-3 Weld 5.410 449.00 3,500 290.49 1,910 158.51 3,996 0 0 3,996 5.874 3.996 0.000000% 0.8750 3500 290.49 743 0.082996 Page 4 of 13 PRIMA OIL&GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate./ Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Rog) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate 00047591 GOODHARD 22-1 Weld 10,770 822.46 3,240 247.42 7,530 575.04 3.699 0 0 3,699 11,693 3,699 0.000000% 0.8750 3240 247.42 118 0.076365 00191193 GOZA 18-1 Weld 31,270 2546.88 4,050 329.86 27,220 2,217.02 3.855 482 470 4,806 35,289 4,806 3.794050% 0.8750 4050 329.86 225 0.081448 O0090095 GREEN 17-33 Weld 28,820 2349.56 4,720 384.80 24.100 1,964.76 4,044 645 708 5,397 31,290 5,397 0.000000% 0.8750 4720 384.80 220 0.081525 00029994 GREENHEAD 18-11 Weld 29,930 2422.84 4,700 380.47 25,230 2,042.38 3,868 649 855 5,372 32,495 5,372 0.000000% 0.8750 4700 380.47 521 0.08095 O0030394 GREENHEAD 18-12 Weld 43,140 3574.76 4,760 394.43 38,380 3,180.33 3,870 679 894 5,443 46,838 5,443 0.000000% 0.8750 4760 394.43 550 0.082864 04101486 GUNTHER 18-1 Weld 10,100 838.26 3,250 269.74 6,850 568.52 3.717 0 0 3,717 10,966 3,717 0.000000% 0.8750 3250 269.74 734 0.082996 04101686 GUNTHER 18-2 Weld 8,010 689.10 3,160 271.85 4,850 417.25 3,611 0 0 3,611 8,697 3.611 0.000000% 0.8750 3160 271.85 732 0.086029 00173593 GURLEY 31-23 Weld 51,200 3805.80 4,680 347.87 46,520 3,457.93 4,241 449 656 5,345 55,589 5,345 0.000000% 0.8750 4680 347.87 106 0.074332 00173493 GURLEY 31-24 Weld 51,200 3805.80 4,630 344.16 46,570 3,461.64 4,244 424 620 5,287 55,589 5,287 0.000000% 0.8750 4630 344.16 106 0.074332 00303594 GUTTERSEN 5-1 Weld 11,310 921.18 3,480 283.44 7,830 637.74 3,980 0 0 3,980 12,279 3,980 0.000000% 0.8750 3480 283.44 226 0.081448 01626686 HANKINS 41 Weld 1,160 93.34 1,100 88.50 60 4.84 3,878 0 0 3,878 1,259 1,259 0.000000% 0.8750 1100 88.50 556 0.080458 01626486 HANKINS 42 Weld 67,180 5377.36 6,840 547.50 60,340 4,829.86 6,441 698 680 7,820 72,938 7,820 0.000000% 0.8750 6840 547.50 520 0.080044 00308994 HARLESS 17-1 Weld 98,200 8448.04 6,830 587.58 91,370 7,860.46 7,785 11 11 7,806 106,617 7,806 0.000000% 0.8750 6830 587.58 732 0.086029 00308894 HARLESS 17-2 Weld 4,620 397.46 4,390 377.67 230 19.79 9.134 0 0 9,134 5,016 5,016 0.000000% 0.8750 4390 377.67 732 0.086029 00158890 HENRY 5-1 Weld 29,890 2293.61 3,460 265.50 26,430 2.028.11 3,955 0 0 3,955 32,452 3,955 0.000000% 0.8750 3460 265.50 141 0.076735 00158890 HENRY 5-2 Weld 29,890 2293.61 3,460 265.50 26,430 2,028.11 3,959 0 0 3,959 32,452 3.959 0.000000% 0.8750 3460 265.50 141 0.076735 00106889 HENRY 5-3 Weld 33,300 2656.28 4,140 330.24 29,160 2,326.04 4,731 0 0 4,731 36,154 4,731 0.000000% 0.8750 4140 330.24 140 0.079788 00106889 HENRY5-4 Weld 33,550 2676.22 4,140 330.24 29,410 2,345.98 4,732 0 0 4,732 36,426 4,732 0.000000% 0.8750 4140 330.24 140 0.079768 00155187 HOLMAN 14-1 Weld 10,060 834.94 3,520 292.15 6,540 542.79 4,021 0 0 4,021 10,922 4,021 0.000000% 0.8750, 3520 292.15 743 0.082996 01151697 HOWARD4-42 Weld 129,720 11246.60 4,000 346.80 125,720 10,899.80 4,253 157 159 4,569 140,839 4,569 0.000000% 0.8750 4000 346.80 604 0.086699 00063991 HOWELL 32-1 Weld 39,120 3326.33 3,800 323.11 35,320 3,003.22 4,339 0 0 4,339 42,473 4,339 0.000000% 0.8750 3800 323.11 742 0.085029 00063991 HOWELL 32-2 Weld 39,120 3326.33 3,800 323.11 35,320 3,003.22 4,342 0 0 4,342 42,473 4,342 0.000000% 0.8750 3800 323.11 742 0.085029 00076092 HOWELL 32-23 Weld 49,900 4242.94 4,540 386.03 45,360 3,856.91 5,016 64 105 5,185 54,177 5,185 0.000000% 0.8750 4540 386.03 753 0.085029 00253387 HUWA 11-1 RC Weld 29,400 2345.18 3,310 264.03 26,090 2,081.15 3,785 0 0 3,785 31,920 3,785 0.000000% 0.8750 3310, 264.03 138 0.079768 00063191 HUWA 11-2 Weld 54,800 4371.28 3,440 274.40 51,360 4,096.88 3,936 0 0 3,936 59,497 3,936 0.000000% 0.8750 3440 274.40 138 0.079768 O0206787 JOHNSON 1-22 Weld 63,450 5256.14 3,280 271.71 60,170 4,984.43 3,745 0 0 3,745 68,889 3.745 0.000000% 0.8750 3280 271.71 606 0.082839 00061591 JOHNSON 22-11 Weld 13,550 1075.24 3,300 261.87 10,250 813.37 3.773 0 0 3,773 14,711, 3,773 0.000000% 0.8750 3300 261.87 104 0.079354 04284386 JOHNSON 29-1 Weld 9,450 803.52 2,640 224.48 6,810 579.04 3,021 0 0 3,021 10,260 3,021 0.000000% 0.8750 2640 224.48 753 0.085029 00253287 JURGENS 8-1 Weld 12,170 1046.97 3,310 284.76 8.860 762.21 3.782 0 0 3,782 13,213 3,782 0.000000% 0.8750 3310 284.76 738 0.086029 Pages of 13 PRIMA OIL&GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate./ Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Ro8) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate 00253287 JURGENS 8-2 Weld 14,010 1205.27 3,340 287.34 10,670 917.93 3,817 0 0 3,817 15,211 3.817 0.000000% 0.8750 3340 287.34 738 0.086029 O0087595 KALLAS 4-42 Weld 44,770, 3566.42 4.930 393.26 39.780 3,173.16 3,908 788 942 5.638 48,542 5,638 0.000000% 0.8750 4930 393.26 140 0.079768 00272094 KAMMERZELL7-41 Weld 40,890, 3371.38 4,770 393.29 36,120 2,978.09 3.999 627 825 5,452 44,395 5,452 0.000000% 0.8750 4770 393.29 547 0.08245 _00271994 KAMMERZELL7-42 Weld 40,890 3371.38- 4,690 386.69 36.200 2,984.69 4,058 564 743 5,365 44,395 5,365 0.000000% 0.8750 4690 386.69 547 0.08245 _00030194 KAMMERZELL 7-43 Weld 47,900 3949.36 hh 4,770 393.29 43,130 3,556.07 3,974 638 840 5,453, 52,006 5,453 0.000000% 0.8]50 4770 393.29 547 0.08245 _O0030094 KAMMERZELL 7-04 Weld 63,8]0 5266.08, 4.540 374.32 59,330, 4,891.76 3,956 559 669 5.185 69,345 5,185 0.000000% 0.8750 4540 37432 547 0.08245 00276394 KNAUB4-1 Weld 18.370 1457.74_ 4,170 330.91 14,200 1,126.83 4,765 0 0 4,765 19,945 4,765 0.000000% 0.8750 4170 330.91 104 0.079354 00276594 KNAUB 4-32 Weld 107,080 8497.22, 5,500 436.45 101,580 8,060.77 h 4,766 657 865 6,289 116,258 6,289 0.000000% 0.8750 5500 436.45 104 0.079354 04294886 KNAUB5-1 Weld 25,520 1958.28_ 3,520 270.11 22,000 1,688.17 h 4,025 0 0 4,025 27,707 4.025 0.000000% 0.8750 3520 270.11 139, 0.076735 00174293 KNAUB 5-12 Weld 64,700 4964.76_ 3.940 302.34 60,760 4,662.42 h 4,028 193 282 4,504 70,246 4,504 0.000000% 0.8750 3940 302.34 139 0.076735 00148787 LAND 31-01 Weld 21.670 1697.94 3,180 249.17 18,490 1,448.77 3,598 7 30 3,635 23,527 3.635 0.000000% 0.8750 3180 249.17 123 0.078354 00107489 LAND 31-01A Weld 4,880 382.36_ 3.240 253.87 1,640 128.49 3,705 0 0 3,705 5,298 3,705 0.000000% 0.8750 3240 253.87 123 0.078354 00154387 LAND 31-02 Weld 0 0.00 0 0.00 0 0.00 3,638 0 0 3,638 0 0 0.000000% 0.8750 0 0.00 123 0.078354 00173993 LAND 31-11 Weld 93,010 7287.70 4.270 334.57 88,740 6,953.13 - 4,168 289 423 4,880 100,982 4,880 0.000000% 0.8750 4270 334.57 123 0.078354 00172893 LAND 31-13 Weld 68.230 5346.10 4,510 353.38 63,720, 4.992.72 - 4.416 302 441 5,160 74.078 5,160 0.000000% 0.8750 4510 353.38 123 0.078354 00065191 LATHAM/41 Weld 56,810 433580, 5,570 425.11 51,240 3,910.69 6,362 0 0 6,362 61,679 6,362 0.000000% 0.8750 5570 425.11 105 0.076321 04290886 LATHAM2-1 Weld 25950 2056.86, 3,450 263.31 23,500 1.793.55 _ 3,945 0 0 3,945 29.260 3,945 0.000000% 0.8750 3450 263.31 105 0.076321 00315095 LATHAM 2-42 Weld 30,160 2393.32 4.570 362.65 25,590 2,030.67 _ 3,990 501 733 5,225 32,745 5,225 0.000000% 0.8750 4570 362.65 108 0.079354 00315195 LATHAM 243 Weld 30.160 2393.32 4,500 357.09 25,660 2,03623 _ 3.917 498 728 5,143 32,745 5,143 0.000000% 0.8750 4500 357.09 108 0.079354 00076992 LATHAM 2-44 Weld 60,490 4616.66 3,360 256.44 57,130 4,360.22 _ 3.841 0 0 3,841 65,675 3.841 0.000000% 0.8750 3360 256.44 105 0.076321 04291886 LATHAM 3-1 Weld 24.030 1843.94 3,410 261.67 20,620 1,582.27 3,899 0 0 3,899 26,090 3.899 0.000000% 0.8750 3410 261.67 141 0.076735 04291286 LATHAM 3-2 Weld 17,710 1405.36 3,560 282.50 14,150 1,122.86 4,071 0 0 4,071 19,228 4,071 0.000000% 0.8750 3560 282.50 104 0.079354 01088397 LATHAM 3-24 Weld 139,960 11106.38 4,320 342.81 135,640 10,763.57 4,207 364 368 4.939 151.957 4,939 0.000000% 0.8750 4320 342.81 104 0.079354 00172293 LATHAM 3-34 Weld 54,910 4190.78, 3.760 286.97 51,150 3,903.81 - 3,920 151 221 4,292 59,617 4,292 0.000000% 0.8750 3760 286.97 100 0.076321 00077192 LEAMING27-24 Weld 34,990 3049.86 3,560 310.30 31,430 2.739.56 - 4.032 13 21 4,067 37,989 4,067 0.000000% 0.8750 3560 310.30 641 0.087164 00238593 LINDBLAD22-20 Weld 10,220 876.00 3.490 299.14 6,730 576.86 _ 3,984 0 0 3,984 11,096 3,984 0.000000% 0.8750 3490 299.14 430 0.085714 01077497_LOFLAND 22-42 Weld 141.960 12432.58 6,800_ 595.53 135,160 11,837.05 _ 6,181 789 798 7,768 154,128 7,768 0.000000% 0.8750 6800 595.53 697 0.087578 01076597 LOFIAND 22-43 Weld 148,240 12982.56 6,650 582.39 141,590 12,400.17 6,177 706 715 7,599 160.946 7,599 0.000000% 0.8750 6650 582.39 697 0.087578 L 01151097 LORENZ FARMS 22-13 Weld 218.890 19169.941 6.090 53335 212.8001 18,636.59 _ 5,448 750 759i 6.958 237,652 6,958 0.000000% 0.8750 6090 533.35 697 0.087578 Page 6 of 13 PRIMA OIL 8 GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate.I Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate.! Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Rog) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate 00154487 LOUSTALET 15-1 Weld 9.180 789.74 3,430 295.08 5,750 494.66 3,918 0 0 3,918 9,967 3,918 0.000000% 0.8750 3430 295.08 738 0.086029 04285086 LOUSTALET30-1RC Weld 44,070 3747.22 9,820 834.98 34,250 2,912.24 11,221 0 0 11,221 47,847 11,221 0.000000% 0.8750 9820 834.98 753 0.085029 00105790 LOUSTALET30-2RC Weld 47,990 4080.54 7,090 602.86 40,900 3,477.68 7,930 62 114 8,106 52,103 8,106 0.000000% 0.8750 7090 602.86 753 0.085029 00063891 LOUSTALET 30-3 Weld 33,230 2825.52 11,290 959.98 21,940 1,865.54 12,900 0 0 12,900 36,078 12,900 0.000000% — 0.8750 11290 959.98 742 0.085029 00068591 LOUSTALET 30-4 Weid 45,850 3898.58 11,960 1,016.95 33,890 2,881.63 13,658 5 10 13,673 49,780 13,673 0.000000% 0.8750 11960 1,016.95 742 0.085029 00010094 LUNDVALL 13-12 Weld 42,100 3608.56 5,340 457.71 36,760 3,150.85 4,206 821 1,081 6.108 45,709 6,108 0.000000% 0.8750 5340 457.71 429 0.085714 O0009694 LUNDVALL 13-13 Weld 42,100 3608.56 5,200 445.71 36.900 3,162.85 4,181 762 1,003 5,947 45,709 5,947 0.000000% 0.8750 5200 445.71 429 0.085714 ' 00087195 LUNDVALL 13-14 Weld 52,850 4529.98 6,280 538.28 46,570 3,991.70 3,894 1,493 1,786 7,173 57,380 7,173 0.000000% 0.8750 6280 538.28 429 0.085714 00193590 MARK 35-01 Weld 15,210 1206.98 3,380 268.22 11,830 938,76 3,861 0 0 3,861 16,514 3.861 0.000000% 0.8750 3380 268.22 104 0.079354 00193490 MARK 35-02 Weld 23,720 1882.28 3,350 265.84 20,370 1,616.44 3,834 0 0 3,834 25,753 3.834 0.000000% 0.8750 3350 265.84 104 0.079354 00173093 MARK 35-11 Weld 16,900 1341.08 4,060 322.18 12,840 1,018.90 3.852 319 466 4,637 18,349 4.637 0.000000% 0.8750 4060 322.18 104 0.079354 00172993 MARK 35-13 Weld 42,760 3393.18 4,400 349.16 38.360 3,044.02 3.837 484 708 5.030 46,425 5.030 0.000000% 0.8750 4400 349.16 104 0.079354 04300286 MCCARTHY#1 Weld 76,460 6067.40 4,120 326.94 72,340 5,740.46 4,711 0 0 4,711 83.014 4,711 0.000000% 0.8750 4120 326.94 104 0.079354 01088297 MCCARTHY6-33 Weld 139,000 11030.20 5,730 454.70 133,270 10,575.50 4,885 939 951 6,775 156,255 6.775 3.418095% 0.8750 5730 454.70 104 0.079354 00252688 MCCLELLAN3-1 Weld 11,310 902.18 3,230 257.65 8.080 644.53 3.686 0 0 3.686 12,279 3.686 0.000000% 0.8750 3230 257.65 140 0.079768 O0008394 MCCLELLAN 3-32 Weld 88,730 7077.82 5,250 418.78 83.480 6,659.04 4,451 666 877 5,995 96.335 5,995 0.000000% 0.8750 5250 418.78 140 0.079768 04293386 MCCLELLAN 4-1 Weld 24,520 1955.92 3,600 287.16 20,920 1.668.76 4,109 0, 0 4.109 26,622 4,109 0.000000% 0.8750 3600 287.16 138 0.079768 00272494 MCCLELLAN 4-12 Weld 33,480 2670.64 4,360 347,79 29,120 2,322.85 4,011 417 549 4,978 36,350 4,978 0.000000% 0.8750 4360 347.79 138 0.079768 00253587 MCKENNEY6-1 Weld 13,820 1175.10 4.180 355.42 9.640 819.68 4,777 0 0 4,777 15,005 4,777 0.000000% 0.8750 4180 355.42 753 0.085029 00171593 MCKENNEY 6-12 Weld 30,660 2606.98 4,500 382.63 26.160 2,224.35 3.909 500 731 5,140 33.288 5,140 0.000000% 0.8750 4500 382.63 753 0.085029 00171393 MCKENNEY 6-14 Weld 30,650 2606.14 4,660 396.24 25,990 2,209.90 3,903 578 846 5,327 33,277 5,327 0.000000% 0.8750 4660 396.24 753 0.085029 00253687 MCKENNEY 6-2 Weld 14,110 1199.76 3.360 285.70 10,750 914.06 3,845 0 0 3,845 15,319 3,845 0.000000% 0.8750 3360 285.70 753 0.085029 00066292 MCKENNEY6-3 Weld 30,680 2608.68 3,400 289.10 27,280 2,319.58 3,887 0 0 3,887 33,310 3.887 0.000000% 0.8750 3400 289.10 753 0.085029 00066392 MCKENNEY 6-42 Weld 22,080 1877.44 3,430 291.65 18,650 1,585,79 3,922 0 0 3.922 23,973 3,922 0.000000% 0.8750 3430 291.65 753 0.085029 00075492 MCKENNEY6-43 Weld 22,070 1876.60 3,440 292.50 18.630 1,584.10 3,926 0 0 3.926 23,962 3.926 0.000000% 0.8750 3440 292.50 753 0.085029 00064091 MCLEOD 29-01 Weld 40,280 3116.26 3.600 278.51 36.680 2,837.75 4,111 0 0 4,111 43,733 4,111 0.000000% 0.8750 3600 278.51 121 0.077365 00064091 MCLEOD29-02 Weld 40,290 3117.04 3,630 280.83 36.660 2.836.21 4,149 0 0 4,149 43,743 4,149 0.000000% 0.8750 3630 280.83 121 0.077365 00053195 MCLEOD 29-13 Weld 76,150 5891.34 5,660 437.89 70,490 5,453.45 4,265 1,003 1,201 6,469 82,677 6,469 0.000000% 0.8750 5660 437.89 121 0.077365 00052995 MCLEOD 29-14 Weld 93,470 7231.30 5,500 425.51 87,970 6,805.79 4,411 856 1,024 6,290 101,482 6,290 0.000000% 0.8750 5500 425.51 121 0.077365 Page 7 of 13 PRIMA OIL&GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abated Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate.l Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Rofl) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate O0052895 MCLEOD 29-41 Weld 93.470 7231.30 5.550 429.38 87,920 6,801.92 4,647 773 925 6,345 101,482 6,345 0.000000% 0.8750 5550 429.38 121 0.077365 O1076497 MCMURREN 22-31 Weld 150.250 13096.40 6.460 563.08 143,790 12,533.32 5,560 907 919 7,386 163,129 7,386 0.000000% 0.8750 6480 563.08 641 0.087164 O0271594 MCWILLIAMS e1 Weld 11,260 893.52 3,080 244.41 8,180 649.11 3,515 0 0 3,515 12,225 3,515 0.000000% 0.8750 3080 244.41 108 0.079354 O0271694 MCWILLIAMS#2 Weld 20,450 1622.78 2,870 227.75 17,580 1,395.03 3,275 0 0 3.275 22,203 3,275 0.000000% 0.8750 2870 227.75 108 0.079354 O0271194 MCWILLIAMS 15-32 Weld 45,660 3642.20 4,250 339.01 41,410 3,303.19 3,531 574 756 4,862 49,574 4,862 0.000000% 0.8750 4250 339.01 138 0.079768 O0173393 MCWILLIAMS 15-34 Weld 38,880 3101.38 4,180 333.43 34,700 2,767.95 3,282 607 888 4,777 42,213 4,777 0.000000% 0.8750 4180 333.43 138 0.079768 O0047891 MD20-1 Weld 17,950 1336.84 2,850 212.26 15,100 1,124.58 3,256 0 0 3,256 19,489 3,256 0.000000% 0.8750 2850 212.26 129 0.074476 O0047691 MD 20-2 Weld 25,390 1890.94 3,340 248.75 22,050 1.642.19 3,618 67 127 3,812 27,566 3,812 0.000000% 0.8750 3340 248.75 129 0.074476 ' O0064291 MILLER 24-1 Weld 28,760 2253.46 3,450 270.32 25,310 1,983.14 3,945 0 0 3.945 31,225 3,945 0.000000% 0.8750 3450 270.32 102 0.078354 O0064691 MILLER24-1S Weld 11,400 893.24 10,830 848.57 570 44.67 18,604 0 0 18,604 12,377 12,377 0.000000% 0.8750 10830 848.57 102 0.078354 O0065391 MOSER#1 RC Weld 41,830 3319.38 3,520 279.33 38,310 3,040.05 4,020 0 0 4.020 45,415 4,020 0.000000% 0.8750 3520 279.33 104 0.079354 O0076892 MOSER 10-31 Weld 43,250 3432.06 3,550 281.71 39,700 3,150.35 4,062 0 0 4,062 46,957 4.062 0.000000% 0.8750 3550 281.71 104 0.079354 O0075792 MOSER FARMS 4-1 Weld 17,730 1353.96 3,210 245.13 14,520 1,108.83 3,670 0 0 3,670 19,250 3.670 0.000000% 0.8750 3210 245.13 118 0.076365 O0075892 MOSER FARMS 4-2 Weld 17,230 1315.76 3,230 246.66 14,000 1.069.10 3,691 0 0 3.691 18,707 3,691 0.000000% 0.8750 3230 246.66 118 0.076365 O4289386 MUIRHEAD 1-1 Weld 17,620 1405.52 3,350 267.22 14,270 1,138.30 3,826 0 0 3,826 19,130 3,826 0.000000% 0.8750 3350 267.22 138 0.079768 O4289486 MUIRHEAD 1-2 Weld 15,820 1261.92 3,440 274.40 12,380 987.52 3,931 0 0 3.931 17,176 3,931 0.000000% 0.8750 3440 274.40 138 0.079768 O0155687 MUIRHEAD 1-3 Weld 18,070 1441.40 10,750 857.51 7,320 583.89 12,285 0 0 12,285 19,619 12,285 0.000000% 0.8750 10750 857.51 138 0.079768 O1051896 MUIRHEAD 1-34 Weld 80,280 6403.78 5,250 418.78 75,030 5,985.00 4,052 928 1,018 5,998 87,161 5.998 0.000000% 0.8750 5250 418.78 138 0.079768 O0156087 MUIRHEAD 1-4 Weld 23,500 1874.54 4,500 358.96 19,000 1,515.58 5.145 0 0 5,145 25,514 5.145 0.000000% 0.8750 4500 358.96 138 0.079768 O0048091 MULVERY22-1 Weld 21,980 1678.50 3,400 259.64 18.580 1,418.86 3,889 0 0 3.889 23,864 3,889 0.000000% 0.8750 3400 259.64 118 0.076365 O0171293 MYERS 14-21 Weld 32,650 2943.26 3.490 314.61 29,160 2,628.65 3.928 22 33 3,983 35,449 3.983 0.000000% 0.8750 3490 314.61 693 0.090146 O0062690 NICE,ROBERT 22-1 Weld 10,250 782.74 3,250 248.19 7,000 534.55 3,710 0 0 3,710 11,129 3,710 0.000000% 0.8750 3250 248.19 118 0.076365 O0119994 NIES 15-14 Weld 45.050 3547.74 5,810 457.54 39.240 3,090.20 4,308 1,007 1.326 6,641 48.911 6,641 0.000000% 0.8750 5810 457.54 558 0.078751 O0136189 OGGC CARPIO 22-1 Weld 10,110 839.08 3,360 278.87 6,750 560.21 3,842 0 0 3,842 10,977 3,842 0.000000% 0.8750 3360 278.87 743 0.082996 O0136189 OGGC GRUEN 22-1 Weld 10,110 839.09 3,160 262.27 6,950 576.82 3,611 0 0 3.611 10,977 3,611 0.000000% 0.8750 3160 262.27 743 0.082996 O0136189 OGGC GRUEN 22-2 Weld 10,110 839.09 3,160 262.27 6,950 576.82 3,611 0 0 3.611 10,977 3,611 0.000000% 0.8750 3160 262.27 743 0.082996 O0136189 OGGC OTTINGER22-1 Weld 83,190 6904.44 5,700 473.08 77,490 6,431.36 6.437 5 68 6,510 90,321 6,510 0.000000% 0.8750 5700 473.08 743 0.082996 O0064991 ORR 24-1 Weld 47,070 3880.92 4,170 343.82 42,900 3,537.10 4,417 130 214 4,762 51.105 4,762 0.000000% 0.8750 4170 343.82 543 0.08245 O0118494 OSTER I5-11 Weld 57,690 4617.74 4,990 399.42 52,700 4,218.32 4,104 727 870 5,702 62,635 5,702 0.000000% 0.8750 4990 399.42 520 0.080044 Page 8 of 13 PRIMA OIL&GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate./ Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Roll) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate 00118794 OSTER 15-14 Weld 38,060 3046.48 4,980 398.62 33,080 2,647.86 4,546 521 624 5,691 41,322 5,691 0.000000% 0.8750 4980 398.62 520 0.080044 - 00010494 PHILLIPS23-11 Weld 61,430 4942.54 4,960 399.07 56.470 4,543.47 4,709 414 545 5,668 66,695 5,668 0.000000% 0.8750 4960 399.07 556 0.080458 00010394 PHILLIPS 23-12 Weld 61,430 4942.54 4,410 354.82 57,020 4,587.72 4,361 295 388 5,045 66,695 5,045 0.000000% 0.8750 4410 354.82 556 0.080458 00010294 PHILLIPS23-13 Weld 76,430 6149.40 4,240 341.14 72,190 5,808.26 4,236 264 347 4,848 82,981 4.848 0.000000% 0.8750 4240 341.14 556 0.080458 00010594 PHILLIPS 23-14 Weld 65,100 5237.82 5,990 481.94 59,110 4,755.88 4,202 1.141 1,501 6.845 70,680 6.845 0.000000% 0.8750 5990 461.94 556 0.080458 00091395 PHILLIPS 24-21 Weld 75.370 6064.12 4,900 394.24 70,470 5,669.88 4.045 710 850 5,605 81,830 5,605 0.000000% 0.8750 4900 394.24 557 0.080458 00091295 PHILLIPS 24-22 Weld 86,480 6958.00 4,900 394.24 81,580 6,563.76 3.981 738 883 5.602 93,893 5,602 0.000000%, 0.8750 4900 394.24 556 0.080458 00010694 PHILLIPS24-23 Weld 85,240 6858.24 5,070 407.92 80,170 6,450.32 4,001 773 1,017 5,791 92,546 5,791 0.000000% 0.8750 5070 407.92 556 0.080458 O0008794 PLATTE VALLEY 13-24 Weld 32,260 2573.32 5,620 448.30 26,640 2,125.02 4,221 950 1,250 6.421 35,025 6,421 0.000000%, 0.8750 5620 448.30 138 0.079768 00154188 PLUSS 25-1 Weld 70,250 5504.36 6,920 542.21 63,330 4,962.15 7,907 0 0 7,907 76,271 7,907 0.000000% 0.8750 6920 542.21 102 0.078354 00171893 PLUSS 32-43 Weld 33,090 2813.60 5,890 500.82 27,200 2,312.78 4,928 730 1,068 6,727 35,926 6,727 0.000000% 0.8750 5890 500.82 753 0.085029 00171193 QUICK 21-13Weld 13,180 1182.66 4,210 377.77 8,970 804.89 4,760 19 28 4,808 14,310 4,808 0.000000% 0.8750 4210 377.77 644 0.089732 O0062790 RADKE MD 22-1 Weld 25,760 1967.16 4,920 375.72 20,840 1,591.44 5,503 37 81 5,621 27,968 5,621 0.000000% 0.8750 4920 375.72 118 0.076365 00310895 RIVER 81 Weld 191,150 16740.54 6,420 562.25 184,730 16,178.29 5.685 821 831 7,338 207,534 7,338 0.000000% 0.8750 6420 562.25 697 0.087578 00089795 RODRIOUEZ 17-32 Weld 28,820 2349.56 4,680 381.54 24,140 1,968.02 4,042 594 710 5,346 31,290 5,346 0.000000% 0.8750 4680 381.54 220 0.081525 O0087095 ROTHE 11-1 Weld 28,530 2677.22 5,500 516.11 23,030 2,161.11 3,982 1,047 1,253 6,283 30,975 6,283 0.000000% 0.8750 5500 516.11 446 0.093839 00086895 ROTHE 1-14 Weld 39,100 3792.24 5,500 533.43 33,600 3,258.81 4,008 1,038 1,241 6,28] 42,451 6,287 0.000000% 0.8750 5500 533.43 445 0.096988 04260586 ROUKEMA 5-1 Weld 41,100 3518.78 3,700 316.78 37,400 3,202.00 4,077 10 135 4,223 44,623 4,223 0.000000% 0.8750 3700 316.78 716 0.085615 00164691 RYDGREN 8-1 Weld 14,150 1203.16 3,350 284.85 10,800 918.31 3,827 0 0 3,827 15,363 3,827 0.000000% 0.8750 3350 284.85 742 0.085029 00241793 SALLEE 14-1RC Weld 18,350 1463.74 17,120 1,365.63 1,230 98.11 19,565 0 0 19,565 19,923 19,565 0.000000% 0,8750, 17120 1,365.63 138 0.079788 00241893 SALLEE 14-2 Weld 30,120 2402.62 3,550 283.18 26,570 2,119.44 4,056 0 0 4,056 32,702 4,056 0.000000% 0.8750 3550 283.18 138 0.079768 00241993 SALLEE 14-25 Weld 21,990 1754.10 12.700 1,013.05 9.290 741.05 14,514 0 0 14,514 23,875 14,514 0.000000% 0.8750 12700 1,013.05 138 0.079768 00242093 SALLEE 14-3R0 Weld 29,630 2351.26 3,380 268.22 26,250 2,083.04 3,865 0 0 3,865 32,170 3,865 0.000000% 0.8750 3380 268.22 108 0.079354 00009394 SALLEE 14-43 Weld 27,560 2798.40 5.460 435.53 22,100 1,762.8] 4,097 927 1,220 6,244 29,922 6.244 0.000000% 0.8750 5460 435.53 138 0.079768 04677586 SCHAAL 20-1 Weld f 7.070 570.48 1,680 135.56 5,390 434.92 1,919 0� 0 1,919 7.676 1,919 0.000000% 0.8750 1680 135.56 2000 0.080689 04290186 SCHISSLER 1-1 Weld 39,360 3439.60 3,760 328.58 35,600 3,111.02 4.016 10 272 4,299 42,734 4,299 0.000000% 0.8750 3760 328.58 718 0.087388 00090895 SCHISSLER 1-11 Weld 47,450 4166.20 4,110 360.87 43,340 3,805.33 3,955 340 407_ 4.702 51,517 4,702 0.000000% 0.8750 4110 360.87 749 0.087802 00008494 SCHISSLER 4-14 Weld 56,200 4289.24 5.910 451.06 50,290 3,838.18 4,317 1,053 1,386 6,757 61.017 6.757 0.000000% 0.8750 5910 451.06 105 0.076321 04292986 SELBY I Weld 0 0.00 0 0.00 0 0.00 3,640 127 124 3,892 0 0 0.000000% 0.8750 0 0.00 140 0.079768 Page 9 of 13 PRIMA OIL 8 GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate.! Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate.! Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Rog) Deduction Limitation Deductions Percentage Ratlo Deduction Tax Refund Tax District Tax Rate O0062890 SEYMOUR MENDELL 22-1 Weld 29,710 2268.80 3,700 282.55 26,010 1,986.25 4,226 0 0 4,226 32,257 4,226 0.000000% 0.8750 3700 282.55 118 0.076365 00158791 SHEEPORAW#1(#13-22) Weld 90,340 7743.40 5,590 479.14 84,750 7,264.26 5,346 528 514 6,388 98,083 6,388 0.000000% 0.8750 5590 479.14 429 0.085714 00107987 SHEEPORAW NO#1(#19-23) Weld 76,560 6111.86 5,430 433.48 71,130 5,678.38 4,940 642 626 6,208 83,122 6,208 0.000000% 0.8750 5430 433.48 554 0.079831 01627286 SHEEPDRAW SO#1(#23.44) Weld 93,590 7530.06 4,670 375.74 88,920 7,154.32 4,074 637 621 5,333 101,612 5,333 0.000000% 0.8750 4670 375.74 556 0.080458 00154087 SITZMAN 3-1 Weld 8,970 744.48 3,210 266.42 5,760 478.06 3,671 0 0 3,671 9,739 3,671 0.000000% 0.8750 3210 266.42 743 0.082996 O1339598 (GBPC SLOP TANK) Weld 3,590 305.26 330 28.06 3,260 277.20 382 0 0 382 3.898 382 0.000000% 0.8750 330 28.06 742 0.085029 00072392 STATE 18-1 Weld 18,170 1508.04 3,230 268.08 14,940 1,239.96 4,216 0 0 4,216 22,546 4,216 12.500000% 0.8750 3230 268.08 734 0.082996 00167387 STATE BOOTH 36-2 Weld 7,830 638.34 2.810 229.09 5,020 409.25 3,671 0 0 3,671 9,716 3.671 12.500000% 0.8750 2810 229.09 221 0.081525 01051796 STATE CLARK 36-21 Weld 55,810 4759.20 4,350 370.95 51,460 4,388.25 4,105 751 824 5,680 69,250 5,680 12.500000% 0.8750 4350 370.95 671 0.085275 01088197 STATE CLARK 36-22 Weld 45,670 3894.50 4.450 379,47 41,220 3,515.03 4,132 832 842 5,806 56,668 5,806 12.500000% 0.8750 4450 37947 671 0.085275 01051596 STATE EHRLICH36-23 Weld 0 0.00 0 0.00 0 0.00 4,243 0 0 4,243 0 0 12.500000% 0.8750 0 0.00 671 0.085275 01088097 STATE EHRLICH 36-23Y Weld 46,500 3965.28 1,330 113.42 45,170 3.851:86 0 830 910 1,740 57,698 1,740 12.500000% 0.8750 1330 113.42 671 0.085275 01221196 STATE EHRLICH 36J2 Weld 86,360 6853.02 4,580 363,44 81.780 6,489.56 4,264 616 895 5,976 107,157 5,976 12.500000% 0.8750 4580 363.44 108 0.079354 00148887 STATE FARM 36-06 Weld 16.580 1426.36 3,090 265.83 13,490 1,160.53 4,030 0 0 4,030 20,573 4,030 12.500000% 0.8750 3090 265.83 738 0.086029 00154688 STATE FARM 36-07 Weld 17,780 1529.60 3,310 284.76 14,470 1,244.84 4,329 0 0 4,329 22,062 4,329 12.500000% 0.8750 3310 284.76 738 0.086029 00154588 STATE FARM 36-11 Weld 16.970 1459.92 3.110 267.55 13,860 1,192.37 4,057 0 0 4,057 21,057 4,057 12.500000% 0.8750 3110 267.55 738 0.086029 00251387 STATE HOPPE 16-1 Weld 10.600 863.34 4.230 344.53 6,370 518.81 5,523 0 0 5,523 13,153 5.523 12.500000% 0.8750 4230 344.53 226 0.081448 00105890 STATE HOPPE 16-2 Weld 9,050 737.10 3,070 250.05 5,980 487.05 4,007 0 0 4,007 11.229 4,007 12.500000% 0.8750 3070 250.05 226 0.081448 00105990 STATE HOPPE 16-3 Weld 7,540 614.12 3,250 264.71 4.290 349.41 4,241 0 0 4,241 9,356 4,241 12.500000% 0.8750 3250 264.71 226 0,081448 00167887 STATE SCHMIDT 36-03 Weld 16,120 1408.70 3,050 266.53 13,070 1,142,17 3.989 0 0 3,989 20,002 3,989 12.500000% 0.8750 3050 266.53 718 0.087388 00168487 STATE SCHMIDT36-04 Weld 26,930 2148.16 2,980 237.71 23,950 1,910.45 3,892 0 0 3,892 33,415 3.892 12.500000% 0.8750 2980 237.71 138 0.079768 O0240993 STATE SCHMIDT 36-05 Weld 18,020 1574.74 11,720 1,024.19 6,300 550.55 15,080 30 200 15,311 22,360 15,311 12.500000% 0.8750 11720 1,024.19 718 0.087388 00155788 STATE SCHMIDT 36-08 Weld 24,860 1972.74 4,890 388.04 19,970 1,584.70 6,161 52 171 6,384 30.847 6,384 12.500000% 0.8750 4890 388.04 108 0.079354 O0240893 STATE SCHMIDT 36-09 Weld 17,440 1524.04 2,910 254.30 14,530 1,269.74 3,797 0 0 3,797 21,640 3,797 12.500000% 0.8750 2910 254.30 718 0.087388 O0240793 STATE SCHMIDT 36-10 Weld 16.850 1472.48 2,930 256.05 13.920 1,216.43 3,824 0 0 3,824 20,908 3.824 12.500000% 0.8750 2930 256.05 718 0.087388 00114289 STATE SCHMIDT 36-12 Weld 22,600 1793.40 5,450 432.48 17,150 1,360.92 7,041 19 54 7,115 28,042 7,115 12.500000% 0.8750 5450 432.48 108 0.079354 O0086695 STEPHENS 7-11 Weld 80,490 6899.12 5,530 474.00 74,960 6,425.12 4,590 788 942 6,320 87,389 6,320 0.000000% 0.8750 5530 474.00 429 0085714 00086595 STEPHENS7-12 Weld 94,640 8111.98 5,100 437.14 89,540 7,674.84 4,310 689 825 5,824 102,752 5,824 0.000000% 0.8750 5100 437.14 429 0.085714 01051696 STEPHENS 7-14 Weld 89,220 8653.26 6,170 598.42 83,050 8,054.84 5,901 554 602 7,057 96,867 7,057 0.000000% 0.8750 6170 598.42 445 0.096988 Page 10 of 13 PRIMA OIL 8.GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate./ Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Rog) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate 04284686 STEWART30-1RC Weld 28,490 2472.98 3,640 315.96 24,850 2,157.02 4,165 0 0 4,165 30,932 4,165 0.000000% 0.8750 3640 315.96 748 0.086802 O0154888 STEWART 30-2 Weld 17,910 1554.62 3,360 291.65 14,550 1262.97 3.839 0 0 3.839 19,445 3.839 0.000000% 0.8750 3360 291.65 748 0.086802 00152290 STOCKOVER 16-1 Weld 14,940 1216.84 3,640 296.47 11,300 920.37 4,164 0 0 4,164 16,221 4,164 0.000000% 0.8750 3640 296.47 226 0.081448 00305994 STOUT 9-4 Weld 57,430 5002.90 4,240 369.36 53,190 4,633.54 4,171 292 385 4.849 62.353 4,849 0.000000% 0.8750 4240 369.36 684 0.087113 00172393 STROH 24-21 Weld 53,280 4415.00 5,250 435.04 48,030 3,979.96 4,331 677 990 5.998 57,847 5,998 0.000000% 0.8750 5250 435.04 552 0.082864 00272194 STROH 24-22 Weld 53,280 4415.00 4.730 391.95 48,550 4,023.05 4,315 442 646 5,403 57,847 5,403 0.000000% 0.8750 4730 391.95 552 0.082864 00268588 SULLR/AN 3-1 Weld 17,330 1411.50 3,710 302.17 13.620 1,109.33 4,244 0 0 4,244 18,815 4.244 0.000000% 0.8750 3710 302.17 226 0.081448 _ 00086495 SWAFFORD 11-11 Weld 38,430 360624 4,580 429.78 33,850 3,176.46 3,714 694 831 5,239 41,724 5,239 0.000000% 0.8750 4580 429.78 446 0.093839 01151497 SWANSON 28-21 Weld 152,380 12411.04 5,740 467.51 146.640 11,943.53 5,278 635 642 6,555 165,441 6,555 0.000000% 0.8750 5740 467.51 226 0.081448 00271794 SWANSON28-24 Weld 34,020 2770.86 5,350 435.75 28,670 2,335.11 4,234 814 1,071 6,120 36,936 6.120 0.000000% 0.8750 5350 435.75 226 0.081448 01151297 SWANSON29-11 Weld 122,850 10529.96 5,630 482.57 117,220 10,047.39 5,154 638 645 6,437 133,380 6,437 0.000000% 0.8750 5630 482.57 430 0.085714 00271894 SWANSON 29-14 Weld 31.920 2736.00 5.080 435.43 26.840 2,300.57 4,204 691 910 5,805 34,656 5,805 0.000000% 0.8750 5080 435.43 430 0.085714 01332386 TIGGES 31-18 Weld 13,700 1174.28 3,410 292.28 10,290 882.00 3.898 0 0 3,898 14,874 3,898 0.000000% 0.8750 3410 292.28 430 0.085714 01333686 TIGGES 31-19 Weld 5,690 487.72 3.410 29228 2280 195.44 3,901 0 0 3,901 6,178 3,901 0.000000% 0.8750 3410 292.28 430 0.085714 00314295 TODD9-1 Weld 17,050 1352.98 3.510 278.53 13.540 1,074.45 4,007 0 0 4,007 18,511 4,007 0.000000% 0.8750 3510 278.53 104 0.079354 00314395 TODD9-12 Weld 45,960 3647.10 5,560 441.21 40,400 3,205.89 4,010 951 1,390 6,352 49,899 6,352 0.000000% 0.8750 5560 441.21 104 0.079354 00054095 TOLLGATE 29-12 Weld 65.040 5031.82 5,390 417.00 59,650 4.614.82 4,272 857 1,025 6,155 70,615 6,155 0.000000% 0.8750 5390 417.00 121 0.077365 00114389 TWO E RANCH 7-1 Weld 21,280 1755.82 3.420 282.18 17.860 1,473.64 3,911 0 0 3,911 23,104 3.911 0.000000% 0.8750 3420 282.18 730 0.08251 00153387 URRICH 21-1 Weld 22,880 1815.62 3,310 26266 19,570 1,552.96 3,786 0 0 3,786 24,841 3,786 0.000000% 0.8750 3310 262.66 108 0.079354 00152087 URLICH 21-2 Weld 26,230 2081.46 3,460 274.56 22,770 1,806.90 3,952 0 0 3,952 28,478 3,952 0.000000% 0.8750 3460 274.56 108 0.079354 00052795 VANNOV 1141 Weld 28,060 2287.60 5,410 441.05 22,650 1,846.55 3,821 1,077 1,289 6,187 30,465 6,187 0.000000% 0.8750 5410 441.05 221 0.081525 01235586 VOGLER 1-1 Weld 940 76.64 370 30.16 570 46.48 419 0 0 419 1,021 419 0.000000% 0.8750 370 30.16 220 0.081525 00272294 WADDLE 30-44 Weld 56,860 4398.98 5,520 427.05 51,340 3,971.93 4,211 851 1,245 6,308 61,734 6,308 0.000000% 0.8750 5520 427.05 121 0.077365 00193190 WAGNER 10-IRC Weld 48,400 3860.78 3,740 298.33 44,660 3,562.45 4,118 38 124 4,280 52,549 4,280 0.000000% 0.8750 3740 298.33 138 0.079768 O0008694 WALKER4-24 Weld 55,950 4463.02 5,740 457.87 50,210 4,005.15 4,012 1,098 1,445 6,555 60,746 6,555 0.000000% 0.8750 5740 457.87 138 0.079768 O0007894 WARDELL2041 Weld 46,940 3495.90 6,150 458.03 40,790 3,037.87 4,356 1,152 1,517 7,025 50,963 7,025 0.000000% 0.8750 6150 458.03 129 0.074476 O0008094 WARDELL2044 Weld 58,200 4334.50 5,130 382.06 53,070 3,952.44 4,309 668 880 5,857 63,189 5,857 0.000000% 0.8750 5130 382.06 129 0.074476 00088995 WARDLAW 35-21 Weld 37,060 3075.84 5,410 449.01 31,650 2,626.83 3,882 1,046 1,251 6,179 40,237 6,179 0 000000% 0.8750 5410 449.01 743 0.082996 00089195 WARDLAW 35-22 Weld 51,830 4301.68 3,750 311.24 48,080 3,990.45 3,904 176 211 4,291 56,273 4,291 0.000000% 0.8750 3750 311.24 743 0.082996 Page 11 of 13 PRIMA OIL 8 GAS COMPANY PETITION FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate./ Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Roll) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax Distdct Tax Rate O0054495 WARDLAW 35-23 Weld 14.620 1213.40 5,570 462.29 9,050 751.11 3.880 1,074 1.413 6,367 15,873 6,367 0.000000% 0.8750 5570 462.29 743 0.082996 00134289 WEIDENKELLER 1-1 Weld 14,140 1127.92 3.330 265.63 10,810 862.29 3,803 0 0 3,803 15,352 3,803 0.000000% 0.8750 3330 265.63 138 0.079768 00134389 WEIDENKELLER 1-2 Weld 36.640 2922.70 3,850 307.11 32,790 2,615.59 4,395 0 0 4,395 39,781 4,395 0.000000% 0.8750 3850 307.11 138 0.079768 00172193 WEIDENKELLER 1-22 Weld 51,380 4098.48 4,530 361.35 46,850 3,737.13 4,282 362 529 5,173 55,784 5,173 0.000000% 0.8750 4530 361.35 138 0.079768 00087795 WESTERN SUGAR 4-43 Weld 71,890 6232.80 6.140 532.33 65,750 5,700.47 5,335 683 998 7,016 78,052 7,016 0.000000% 0.8750 6140 532.33 604 0.086699 00064791 WIEDEMAN 29-1 Weld 44,290 3292.16 3,520 261.65 40.770 3,030.51 4,027 0 0 4,027 48.086 4.027 0.000000% 0.8750 3520 261.65 106 0.074332 00064891 WIEDEMAN29-2 Weld 37,790 2809.00 3,600 267.60 34,190 2,541.40 4,110 0 0 4,110 41,029 4,110 0.000000% 0.8750 3600 267.60 106 0.074332 ' 00064791 WIEDEMAN 29-3 Weld 44,280 3291.42 3,630 269.83 40,650 3,02159 4.153 0 0 4.153 48,075 4,153 0.000000% 0.8750 3630 269.83 106 0.074332 00010194 WIEDEMAN G 21-11 Weld 45,800 3684.98 4,900 394.24 40.900 3,290.74 4,171 619 815 5,605 49.726 5.605 0.000000% 0.8750 4900 394.24 556 0.080458 04262186 WILMOTH 6-2 Weld 39,470 3395.56 3,470 298.52 36,000 3,097.04 3.961 0 0 3,961 42,853 3,961 0.000000% 0.8750 3470 298.52 738 0.086029 04262086 WILMOTH6-3 Weld 2,590 222.82 2,460 211.63 130 11.19 3,972 0 0 3,972 2,812 2,812 0.000000% 0.8750 2460 211.63 738 0.086029 04680686 WILSON K1 Weld 9,940 795.64 3,460 276.95 6,480 518.69 3,956 0 0 3,956 10,792 3,956 0.000000% 0.8750 3460 276.95 520 0.080044 01332786 WINDER 2-19 Weld 10,960 939.42 3,520 301.71 7,440 637.71 4,019 0 0 4,020 11,899 4,020 0.000000% 0.8750 3520 301.71 430 0.085714 01339698 CHISMAR 19-21 Weld 20,040 1599.82 2,230 178.02 17,810 1,421.80 2,052 252 246 2,551 21,758 2,551 0.000000% 0.8750 2230 178.02 554 0.079831 01339698 CHISMAR 19-22 Weld 16,630 1327.59 2,180 174.03 14,450 1,153.56 1,807 349 340 2,496 18,055 2,496 0.000000% 0.8750 2180 174.03 554 0.079831 01339698 CHISMAR 19-24 Weld 45,350 3620.33 3,580 285.79 41,770 3,334.54 3,358 371 362 4,091 49,237 4,091 0.000000% 0.8750 3580 285.79 554 0.079831 01254286 DINNER 15-02 Weld 0 0.00 0 0.00 0 0.00 0 514 501 1,015 0 0 0.000000% 0.8750 0 0.00 226 0.081448 01245298 FARFOUTIS 17-32 Weld 32,010 2778.28 2,260 196.15 29,750 2,582.13 1,904 345 337 2,586 34,754 2.586 0.000000% 0.8750 2260 196.15 432 0.086794 01245398 FARFOUTIS 17-33 Weld 58,400 5068.76 2,580 223.93 55,820 4,844.83 2.338 312 304 2,954 63,406 2,954 0.000000% 0.8750 2580 223.93 432 0.086794 01245498 FARFOUTIS 17-34 Weld 0 0.00 0 0.00 0 0.00 2.978 280 273 3.531 0 0 0.000000% 0.8750 0 0.00 432 0.086794 01245098 FERGUSON 17-3J Weld 79,950 6939.18 5.120 444.39 74.830 6,494.79 4,772 547 533 5,852 86.803 5.852 0.000000% 0.8750 5120 444.39 432 0.086794 00206787 JOHNSON 2-22 Weld 0 0.00 0 0.00 0 0.00 0 3,870 3.773 7,643 0 0 0.000000% 0.8750 0 0.00 606 0.082839 01246898 KINZER 23-3A Weld 57,000 4500.60 2.450 193.45 54,550 4,307.15 2,011, 399 389 2,798 61.866 2,798 0.000000% 0.8750 2450 193.45 534 0.078958 01246998 KINZER 23-3B Weld 58,490 4618.26 4,970 392.42 53,520 4,225.84 5,016 337 329 5,682 63,503 5,682 0.000000% 0.8750 4970 392.42 534 0.078958 01247198 KINZER23-3O Weld 57,000 4500.60 3,900 307.94 53,100 4,192.66 1,720 1,383 1,349 4,452 61,886 4,452 0.000000% 0.8750 3900 307.94 534 0.078958 01247298 KINZER23-3O Weld 63,940 5048.58 2,490 196.61 61,450 4,851.97 2,303 276 270 2,849 69,421 2,849 0.000000% 0.8750 2490 196.61 534 0.078958 00107389 LAND 31-2A Weld 0 0.00 0 0.00 0 0.00 52 0 0 52 0 0 0.000000% 0.8750 0 0.00 123 0.078354 01234698 LATHAM 02-31 Weld 106,360 8117.50 2,600 198.43 103,760 7.919.07 2,046 467 455 2,968 115,477 2,968 0.000000% 0.8750 2600 198.43 105 0.076321 01245698 MOORE 13-31 Weld 220,030 18859.68 6,670 571.71 213,360 18,287.95 6,342 648 632 7,622 238,890 7,622 0.000000% 0.8750 6670 571.71 429 0.085714 Page 12 of 13 PRIMA OIL 8 GAS COMPANY • PETfffON FOR REFUND OF TAXES-1998 TAXES(1997 PRODUCTION YEAR) Original Abate./ Assessed Refund Balance Direct Return on Return of Exempt Value of Schedule Production Assessed Abate.! Assessed Operating Investment Investment Total 95% Allowable Royalty Assessment Allowable Production No. Well Name County Value Original Tax Value Refund Tax Value Balance Tax Expenses (ROI) (Ron) Deduction Limitation Deductions Percentage Ratio Deduction Tax Refund Tax District Tax Rate I O1339898 MOORE 13-35 Weld 7,560 648.00 1,310 112.29 6.250 535.71 494 509 496 1,498 8,208 1,498 0.000000% 0.8750 1310 112.29 429 0.085714 O1627686 PHILLIPS 1 Weld 3.880 312.18 3,340 288.73 540 43.45 3,816 0 0 3,816 4,213 3.816 0.000000% 0.8750 3340 268.73 556 0.080458 O1246498 PHILLIPS23-41 Weld 147,440 11641.56 7,300 576.39 140,140 11,065.17 7,203 577 563 8,343 160,078 8.343 0.000000% 0.8750 7300 576.39 533 0.078958 O1246698 PHILLIPS 2312 Weld 303,000 23924.28 8610 679.83 294,390 23244.45 8725 565 551 9,841 328,971 9.841 0.000000% 0.8750 8610 679.83 533 0.078958 O1246798 PHILLIPS23-43 Weld 223,240 17626.58 8.990 709.83 214,250 16,916.75 9.277 504 491 10,272 242,375 10,272 0.000000% 0.8750 8990 709.83 533 0.078958 O1245998 SHUPE 13-23 Weld 67,620 5795.98 4,200 360.00 63,420 5,435.98 3.125 847 826 4,798 73,416 4,798 0.000000% 0.8750 4200 360.00 429 0.085714 ' O1339798 SHUPE 13-2A Weld 1,430 122.57 1,070 91.71 360 30.86 595 317 309 1,220 1,553 1,220 0.000000% 0.8750 1070 91.71 429 0.085714 O1339798 SHUPE 13-2B Weld 1,420 121.71 1,350 115.71 70 6.00 1,763 285 278 2,326 1,542 1,542 0.000000% 0.8750 1350 115.71 429 0.085714 O1245898 SHUPE 13-33 Weld 140,370 12031.68 7,770 666.00 132,600 11,385.68 7,606 644 628 8.879 152.402 8,879 0.000000% 0.8750 7770 666.00 429 0.085714 O1244798 STEPHENS07-13 Weld 291,060 24947.92 7,160 613.71 283,900 24,334.21 6.501 853 831 8,185 316.008 8,185 0.000000% 0.8750 7160 613.71 429 0.085714 O1248898 VETTER26-12 Weld 67,470 5428.50 3,900 313.79 63,570 5,114.71 3.390 538 524 4,453 73,253 4,453 0.000000% 0.8750 3900 313.79 557 0.080458 O1151997 ST#1 Weld 10,390 883.46 0 0.00 10,390 883.46 0 0 0 0 11,281 0 0.000000% 0.8750 0 0.00 742 0.085029 • TOTAL WELD COUNTY 16,454,310 1,348,876.04 1,621,830 132.933.32 14,832,480 1,215,942.72 1,643,877 118,801 143,561 1,906,239 17,951,670 1,867,317 1,621,830 132,933.32 Page 13 of 13 CLERK TO THE BOARD PHONE (970) 356-4000, 3X2.0212 FAX: (9(970)352-0242 P.O. BOX 758 GREELEY, COLORADO 80632 C. COLORADO March 5, 2001 PRIMA OIL AND GAS COMPANY C/O LOGAN & FIRMINE INC 333 WEST HAMPDEN AVENUE SUITE 740 ENGLEWOOD CO 80110 RE: VARIOUS SCHEDULE NUMBERS, 1998 VARIOUS SCHEDULE NUMBERS, 1998 VARIOUS SCHEDULE NUMBERS, 1999 VARIOUS SCHEDULE NUMBERS, 1999 Dear Property Owner: This is to advise you that the Weld County Board of Commissioners will hear your four petitions for abatement or refund of taxes for 1998 and 1999 Oil and Gas Returns. The meeting is scheduled f $ , h 20691,a19:00 a.m., in the First Floor Meeting Room,Weld County Centennial Center, 91510th Street, Greeley, Colorado. The Assessor is recommending that the Board APPROVE your petitions. You are not required to be present at this hearing, however, this is your opportunity to have your position heard, especially if your position is opposed to the Assessor's recommendation. If you intend to submit any documentation in support of your position for this hearing, all such documentation must be submitted to the Office of the Clerk to the Board and to the Weld County Assessor's Office at least seven calendar days prior to the meeting date in order for it to be considered at the scheduled hearing. If you have any questions concerning this matter, please do not hesitate to contact Carol Harding at (970) 356-4000, extension 4217. Sincerely, iateSeth Donald D. Warden Clerk to the Board By: A/ /41 y Deputy Cler K tb f the Board -A Hello