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Home My WebLink About920511 y . ¡ ':t'.~. r, 0 0 t·, 1 7 Ij.l ¿._ Effective 11-86 FOIm ML-2 (Revised 5-00) Filing Fee - $25.00 - Non Refundable 'Vyoming Oil & Gas Lease Serial Number STATE OF WYOMING BOARD OF LAND COMMISSIONERS OIL & GAS LEASE INTEREST ASSIGNMENT Return To - Office of State Lands and Investments 122 West 25m Street Herschler Building, 3 West Cheyenne, WY 82002-0600 80-0330 Assignment Approval Date ASSIGNOR, with name and address at, Mountain Gas Resources Inc, 1099 18th Street, Suite 1200 Denver, CO 80202-1955 being the owner of 03.68854% (percent) Operating Rights (Type interest: Leasehold/Operating Rights/Oveniding Royalty) interest in this lease, described in particular ifless than the total leasehold as: Insofar and only insofar as said lease covers the following lands: USA/Wvomin2:/Lincoln 6PM T025N - R112W: SEC 036 W2 NE4 (80, acres) LOT 1 (38.83 acres. NE4 NE4) LOT 2 (38,5 acres. SE4 NE4) From 0 to 9.620 ft SEC 036 NW4 SE4 (40. acres) LOT 3 (38,26 acres. NE4 SE4) LOT 6 (35.83 acres. SW4 SE4) LOT 7 (35.45 acres. SE4 SE4) From 0 to 9.850 ft RECEIVED 7/24/2006 at 11 :30 AM RECEIVING # 920511 \ BOOK: 627 PAGE: 217 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY -------- --- ------- ----.--.-..-- - For good and valuable consideration, hereby assigns to:********************************************************************************* ]) ASSIGNEE, with name and address at: Lance Oil & Gas Company, Inc, 1099 18th Street, Suite 1200 Denver, CO 80202-1955 03.68854% (percent) interest in the total leasehold, or as described in particular above. 2) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. 3) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. and reserving unto ASSIGNOR, NONE This assignment is subject to any existing oveniding royalties previously reserved. Reservations of oveniding interests must be approved by the Director, and any such approval is subject to the condition that oveniding royalties may be cancelled by the Board of Land Commissioners if it funds that such oveniding royalties create a burden on the lease which prevents or unreasonably interferes with its development. ASSIGNOR certifies by signature on reverse, that ASSIGNOR is the owner of the interest above herein transferred, and ASSIGNEE(S) certify(ies) by signing on the reverse that this assignment constitutes a binding acceptance of alJ the tenns, conditions, stipulations, restrictions and statutes governing the lease described above, and of the Rules of the Board, at Chapter 18, Leasing of Oil and Gas. This form may be duplicated. If space is needed for additional assignors or assignees submit copies of this form only. Page -L of~ of Lease # 80-0330 assignment dated Lance Lease # 36268000 6/3%~ . BUT EFFECTIVE 12/1/2005 EI:¡;.;':,;.:I;.:,:I;,¡¡ ~~~:ili~~;~ f¡¡:;I'¡'¡¡.¡''t'¡'¡t' !:¡:;:;:i:;8;:;:;:~:¡!; 0920511. r Ii ()'" ~ 8 . '.\.< I . '2~..)- SIGNED AS TO TRANSFER AND ACCEPTANCE thisJ_day of /'Ý\frJ .2006 BUT EFFECTIVE 12/1/2005. ASSIGNOR - Mountain Gas Resources Inc, Assignee (1) - Lance Oil & Gas Company, Inc. By- ¥ By- ^"-S S~ Attest - Attest - Assignee (2) - Assignee (3) - By- By- Title - Title - Attest - Attest - Assignee (4)- Assignee (5 - By - By- Title - Title - Attest - Attest - ASSIGNMENT ·REQUlREMENTS Note: AssÏ!mments are not valid until approved bv the Director, Office of State Lands and Investments. as per State Oil & Gas Lease Terms. and approval is solely for administrative purposes and should not be interpreted as warranty that any party to this assi!!nment holds le!!al or eQuitable interest in this lease. Assi!!nments which do not meet the reQuirements listed below and those in the Lease and Rules will be returned unapproved. 1) This fonn must be completed and submitted for any assignment of State Oil & Gas Lease leasehold interest, undivided or divided as to separate tracts, fonnations, zones or deposits, and for overriding royalty interest. 2) Assignments ofless than a 100% leasehold interest, do not relieve the assignor of the obligations as a lessee under the tenns of the lease regarding the interest conveyed unless the State first has in hand, a written agreement to be bound as lessee for all obligations under the lease for the assigned portion from the assignee. This requirement should not be construed in any way as a release or recision of the obligations of any surety bonding parties under the requirements of the State oil and gas lease, Board Rules or this assignment. (All lessees are ultimately responsible for the perfonnance under the lease, and default subjects the entire lease to forfeiture not just the interest related to any perfonnance obligation considered to be in default.) . 3) A signed original and one copy of each assignment must be filed with the State of Wyoming, Office of State Lands and Investments. 4) Each assignment, if approved, is recognized by the State as effective as of the date of approval by the Director. Adequate bond must be furnished covering any and all productive zones prior to approval of any assignment of interest in an operating State oil and gas lease, whether well bores exist on the leased lands or not, and in no case can drilling operations, including to prospectively productive zones under operating leases, begin without a bond first being in place. 5) If there is more than one party in interest to this assignment, then all such parties in interest must sign the document before assignment approval will be given. 6) The appropriate legal description of the conveyed ¡ands interests must be given. 7) Assignments creating a separate (reissue) lease subject to the rules and regulations governing all State of Wyoming Oil & Gas Leases do not change the tenus and conditions of the original lease, the lease anniversary date, nor the obligations and anniversary date of the lease created therefrom being considered as if it had been issued on the effective date of the original lease. [See Board Rules, Chapter 18, Section 10(a).] 8) Corporations, limited liability companies, and limited partnerships must be qualified with the Wyoming Secretary of State's Office, and general partnership papers arerequired to be filed with the Office of State Lands and Investments prior to, and as a condition of Board approval of any assignment. 9) Assignments will not be considered for approval where assignor or any assignee currently has a delinquent (late) royalty or rental payment obligation(s) for any State subsurface resource lease. Page -L of~ of Lease # Lance Lease # 36268000 80-0330 ~/ 0920511 n n 0,') j 9 \.1 U t.. __ ~ Statej Wyoming, Board of Land Commissioners, Oil & Gas Lease Interest Assignment: ( Lease Serial Number 80-0330, Lincoln County, Wyoming ,!< ACKNOWLEDGEMENT STATE OF COLORADO ) )ss. COUNTY OF DENVER ) I, Gretchen M, Darnay, a Notary Public in and for the County and State aforesaid, do hereby certify that, Mark R, Petry, whose name is subscribed to the foregoing instrument as Vice President-Land of Lance Oil & Gas Company, Inc., appeared before me this day in person and acknowledged he executed said instrument as his free, voluntary act and deed as the free, voluntary act and deed of said corporation for the uses and purposes therein set forth. Given under my hand and Notarial Seal this 30th day of Ma - My commission expires: 9/11/2007 ...... - I . ~ GRETCHEN M DARNAY Notary Public State of Colorado ACKNOWLEDGEMENT - - -- STATE OF COLORADO ) )ss. COUNTY OF DENVER ) I, Gretchen M, Darnay, a Notary Public in and for the County and State aforesaid, do hereby certify that, Mark R. Petry, whose name is subscribed to the foregoing instrument as Vice President-Land of Mountain Gas Resources, Inc" appeared before me this day in person and acknowledged he executed said instrument as his free, voluntary act and deed as the free, voluntary act and deed of said corporation for the uses and purposes therein set forth. Given under my hand and Notarial Seal this 30th d~y, 2006. GRETCHEN M DARNAY Notary Public State of Colorado My commission expires: 9/11/2007 :~¡;UW1¡¡ù'¡!m;mi!;ij '·',,"·I'.·I;,.,,·,·.,,! ",;._,"",~=~,.._.~