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I. The undersigned, Bruce E. Johnst. on, individually ci.m:-~p')4mf¢e 'Œ'iDMING
~ \,t,.'itt ¡ h-(:,
Johnston and Susan E. Johnston, as joint tenants, hereinafter
referred to as "Assignor" (whether one or more), owns an OVERRIDING
ROYALTY INTEREST and/or PRODUCTION PAYMENT in the following Oil and
Gas Lease(s) covering land located in Lincoln County, Wyoming to-
wit:
..
BOOK 0 0
--PRPAGE 1
---.:..
ASSIGNMENT OF OVERRIDING
ROY
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R_D
LlNCOUJ COUN I Y CLERK
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF.
II. In consideration of $1.00, the receipt and sufficiency of
which is hereby acknowledged, Bruce E. Johnston, individually, and
Bruce E. Johnston and Susan E. Johnston, as joint tenants do hereby
sell, assign, transfer and convey ALL of Assignor's Overriding
Royalty and/or Production Payment, free and clear of all cost and
expense of development and operations, insofar and only insofar as
it covers the above described lands, to the following parties
hereinafter referred to as "Assignee":
Name and Address
Johnston Family, LLC,
a Colorado Limited Liability Company
7838 S. Wadsworth Way
Littleton, CO 80123
being all of Assignor's overriding royalty and/or production
payment interest value of all oil, gas, casinghead gas, coal bed
methane gas, and other hydrocarbon substances produced, saved and
sold from the above described land under and pursuant to the
provisions of the above described Oil and Gas Lease(s), and any
extension or renewal thereof or any new leases taken in lieu
thereof, which Overriding Royalty and/or Production Payment shall
be paid at the same time and upon the same basis as the royalty
provided for in said lease.
This assignment shall be binding upon and inure to the benefit of
the respective heirs, executors, administrators, successors and
assigns of the Assignors and Assignee.
Dated this 14th day of March 2001.
STATE OF COLORADO
ss.
COUNTY OF DENVER
The foregoing instrument was acknowledged before me this
14th day of March, 2001 by Bruce E. Johnston, individually, and
BruGe E. Johnston and Susan E. Johnston, as joint tenants.
WITNESS my hand and official seal.
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ExHIBIT "An
Attached hereto and made a part of that certain Assignment of Overriding
Royalty and Production Payment dated March 14, 2001 by and between Bruce E.
Johnston, individually and Bruce E. Johnston and Susan E. Johnston, as joint
tenants, Assignor and Johnston Family, LLC, a Colorado Limited Liability
Company, Assignee.
The leases subject to this Assignment of Overriding Royalty and
Production Payment are those leases described in Exhibit ~A" of Assignment of
bverridingRoyalty or Assignment oiÞroducÜonÞayment through which
instruments Bruce E. Johnston, individually and Bruce E. Johnston and Susan E.
Johnston, as Joint tenants, received their interests, and which legal
descriptions are hereby incorporated by reference and made a part hereof as if
set forth in full.
The referenced assignments cover lands described below and are recorded in the
records of Lincoln County, wyoming with the following recording references:
Lease No.
Lessor
St. Wyo.
92-413
Book
833
Page Description
1336 T21N-R110W, Sec 16: All