Larry F. Hedrick, CPL

**** *. *** ****, ***** *00383 Cell: 346-***-****

Katy, Texas 77494 Email: ac4jpp@r.postjobfree.com

Experience: Landman – Independent (1990 to 2007, 2010 to Present)

Corpus Christi, Texas Durango, Colorado and Houston, Texas

Landman for several large independents and major companies, including ConocoPhillips, El Paso, BP, Chevron, Linc, Noble, Devon, Peak, Chesapeake, Apache and Statoil, in Permian Basin, Eagle Ford Shale, Utica Shale, Marcellus Shale, Gothic Shale and Anadarko Basin.

Early Title Work: Over ten years in the field researching public records in District and County courthouses for mineral, royalty and surface ownership. Familiar with Examining title from the sovereignty of the soil (US Patents) to present day to compile complete Abstracts of Title. Researching all conveyances, encumbrances of title, tax and other liens, mortgages, surface and mineral leases, subleases, judgements, vital statistics, plot and map books and releases of every kind. Able to plot tracts of land using legal descriptions such as metes and bounds, lot, blocks, etc. Able to resolve most issues such as missing information, inaccurate or contradictory information contained in the chain of title. Proficient with Abstract and Title Plant database systems. Assembling abstracts of title including all public documents of record for use in title opinions, title insurance and drilling programs. Capable of performing online title and document searches through various online sites, such as TexasFile.com, CourthouseDirect.com, etc.

Curative: Collaborating with title attorneys to ensure the compliance of title standards. Creating curative instruments, including subordination agreements, correction deeds, affidavits of use and possession, affidavits of non-production, amendments and ratifications of oil and gas leases and other pertinent agreements. Maintaining a curative spreadsheet, which includes detailed comments of conversations with critical parties.

Acquisition and Divestiture: Specializing in assisting the client with all phases of Buyer and Seller due diligence. Maximizing and limiting the closing times and/or maximizing the value of the client’s divested assets. Utilizing the client’s software systems including Tobin Land, Quorum and others. Converting the data from spreadsheet to the client’s database for compilation and confirmation of the purchase and sale agreement (PSA).

Land Administration: Processing and recording acquired leases and delivering a final lease packet to the client. Facilitating the negotiation of oil and gas leases, assignments, farm-outs and farm-ins. Analyzing, interpreting, negotiating and preparing land related documents including, operating agreements, communization agreements, commingling agreements, letter agreements, surface use agreements, road easements and pipeline right-of-way agreements, among others.

Land Manager (2007 to 2010)

Cedar Ridge, LLC (Subsidiary of Stephens Energy) Durango, Colorado

Managing all aspects of land, including the supervision of land broker’s efforts in the field, which include, negotiating and acquiring oil and gas leases, obtain surface use agreements, pipeline rights-of-way, road easements, and oil and gas lease ratifications and amendments. Supervising the negotiation, preparation, execution and filing of all land documents including but not limited to farms-outs, farm-ins, Operating agreements, JOA’s, stipulation of interest agreements and other contracts. Supervised the development of various drilling and development operations, including supervising the obligations such as delay rental payments, surface damage payments, minimum royalty payments and shut-in royalty payments.

Real Estate Broker (1977 to 1990)

Hedrick & Associates Corpus Christi, Texas

Marketing residential and commercial properties throughout South Texas. Office consisted of four salesmen and two staff members with over 10 million dollars listed and marketed.

Computer Skills: Quorum, Word, Works, Outlook, PowerPoint, Excel, Access, Primavera, LandPro, Drillinginfo, SAP, ArcGIS, Tobin, PLAN and online programs such as CourthouseDirect.com and TexasFile.com, etc.

Education: Business Management, Texas State University

Business Marketing, Stephen F. Austin State University

Texas Real Estate Broker’s License - American College of Real Estate

Texas Real Estate Salesman’s License - American College of Real Estate

Certification: Certified Professional Landman - #50637

Affiliations: President - Four Corners Landman Association (2009-2010)

Vice President - Four Corners Landman Association (2008-2009)

Houston Association of Professional Landman (HAPL)

American Association of Professional Landman (AAPL)

La Plata County Energy Council

Toastmasters - Durango, Colorado Chapter

Founder and President of Young Businessmen’s Association of Corpus Christi, Texas

References: Furnished upon request