HomeMy WebLinkAbout876019 State of Wyoming
~m~clive 11/86 Board of Land Commissioners Return to:
~o,,,, ML-2 Oil & Gas Lease Interest Assignm'i~:,t state Land & Farm Loan Office
(.Revised 4-96) 122 West 25th Street
Filing Fee - $25.00 Non-Refimdable ' Herschler Building, 3 West
Cheyem~e, WY 82002-0600
Wyomiug Oil & Gas ~ase Serial Number 00-633 Assi~ment Approval~D;~e 8EP 0 6 2001
ASSIGNOR, with name and address at,
Condor Exploration, LLC
7583 South Salida Court
Aurora, CO 80016 Bo.oK.' ~73PR PAOE~
being the owner of 100 percent LEASEHOLD
(Type Interest: Leasehol~Operatirk ~ Rights/Overriding Koyal~)
interest in this lease, described in particular if less than the total leasehold as:
s~io,,~0:.~sw..ws~ LIr'~I(3OL(~'~ (~OUP'FFY OL, ERK
Lincoln Cotmty. Wyoming
80.00 acres more or less
For good and valuable consideration, hereby assigns to: **************************** * ****************************************
1) ASSIGNEE, with name and address at:
Baseline Minerals, Inc.
1645 Court Place, Suite 422
Denver, CO 80202
0.2222% Overriding Royalty 0nly.
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.
4) ASSIGNEE, with nmne and address at:
percent interest in the total leasehold, or as described in particular above.
5) ASSIGNEE, with name and address at: ..
percent interest in the total leasehold, or as described in particular above.
and reserving unto ASSIGNOR
· Th is assignment is subject to any existing,,!~,verriding r~Jt,~s previouey i~served. 'Reset:, atkms of overriding interests ~nust be approved by
the Director,' and any such approval is subject to the ~,mfdition that overridi~.g royalties rn;'~ y be eanceled by the Board of Land Commissioners if
it finds that such overriding royo. lties create a burden on the lease which prevents or urn'eft ionably interferes vdt. h its deyelopment.
ASSIGNOR certifies by signature on reverse, that ASSIGNOR is the owner of the interesl above herein transferred, and ASSIGNEE(S)
certif'y(ies) by signing on the reverse that this assignment constitutes a binding acceptance, of all tile terms, conditions, stipulations, restrictions
and statutes governing the lease described above, and of the Rules of the Board, at Chaptt~' 6, Leasing of Subsurface Resources.
This Jbrm may be duplicated.
If space is needed, for additional assignors or assignees submit copies of this form
Page I of 2 of Lease ~ 00-633 assignment datea November 16, 2000
SIGNE? AS TO TRANSFER AND ACCEPTANC[ 'his "::.'16tl~ day of .November 20 00
ASSIGNOR - Condor Exploration, LLC Assign.ee (1) - Baseline Min~Inc.
Title - M Title - President.:
Attest - Attest -
Assignee (2) - O fi) 'ii ' .... 1.3(;
By-
Title - ' '
Attest -
STATE OE~','i~.~ ~L~..O ~... ' ''
COUNTY':' '" ~¢<}~}j~,~~-, ?'''' ff'~ ~ '"" ' ~ '
. t" , :. ~j ' .... . . .
· t ~ ' .x ' ' ' methis ,~
This instrfinm~t wa~ ~c~m~l~aged before ~, ~i'V[~of~ ~ ~ ~'L~' 2000, by Nixon R. Lange, Manager of Condor Exploration, LLC.
~ ~ '"~ '; ', ~' ~,,~. My Commission Expires:
Not ..... ~ .. ,'~
STATE OF COLO~DO .
CITY ANDC~Or~Y'OF ~ENVER
· : ,:~ ..' ,~O ~; '. 5'"
~ % " ' ~ "~ay ~' ¢'~0, by Joseph W. Thames, President of Baseline Minerals, Inc.
Thi strcw¢~t x~a~ aokn~ledged before, me this .'
~AZ% :. ,¢. .. My Commission Expires:
N~ Public' ',) ,';(~. ~'
,Assigm~ent Requir,em~nD.
Note: Assignments are not valid until approved blt. the Director, State Land mid (.~&m Load Offic~ as per State Oil & Gas Lease Ten,s. i~d approval is solely for ~d~niuistrative ptt~o~e~ ~ ~hould not be intefprCed
as wananly Ihgl g0Y paa~lo this a~ignm~nt bo}ds legal or equitable interest ia t;: j~ leose. Assi~menB ~'l¢cb do not meet the reqobements listed ~qlow ~od those in tl~e Lease gpd ~tl¢~ will be returned noapproved
1. This form most be completed and debt, tied for m~y assi~nnent of State ~ & Gas Lease leasehold imprest, ~mdivided or divided ~ to separate tracts, formations, zones or deposits~ and for oveniding royalty
interest.
2. Assibmments of less than a 100% leasehold ioteresl, do not relieve the · ~i~or of lbo obligations as a lessee nnder the terms of the lease regardiug the interest conveyed unless the State first bas in lined,
a written agreement to be bonnd as lessee for all obligations under the' se for the assi~ed po~ion fi'om fi~e assibme~. This requirement sbonld not be constraed io any way as a release or recisioo of tl~e
~bligations of any sare~ banding pm~ies onder the reqairemenls of the te Oil and Gas Lease, Board Roles or this ~si~unent. (MI lessees ara ultimately responsible for the perfonn~ce uhder the lease,
and dehall sobjects the entire lease to fo~iture not jest the interest re t ~d to any performance obligatioo cousidered to be in dehult.)
3. A signed original and one copy of each assignment must be filed with, Wymning State Land ~d Farm [dan Office.
4. Each assigmnent, if approved, is recobnfized by the State as effective a. i'the date of approval by the Director. Adequate bond'must be ~rui~hed covering any and ali prodncfive zones prior to approval
of any assibmmenl of interest in an operating State oil and gas tease, w2 ~ler wellbores exist on the leased lands or no[, m~d in no casq can drilling operatidns, inclnding to prospectively prodocfive zooes
under operating leases, begin without a bond first being in place.
5. If there is more than due pa~y in interest to this assi~ment, then all St pa~ies in interest nmst si~ the docomeot before assi~uneut approval will be given.
6. The apprgpriate legal description of the conveyed lands interest most t :iven.
7. Assigmnents creating a separate Ceissue) lease subject to the odes and gulations governing all State of Wyonfing Oil & Gas Le~e do not change the terms hud conditions of the original lease, the lease
anniversa~ date, eot the obligations and anaiversaw date of the lease .hied therefore being considered as if it had been issued on tl~e effective date of the original lease. (See Board Roles, Chapter 6,
Section A.)
8. Coq3oratious, limited liability companies, and limited paflnerships mnst qualified with tbe Wyoming Seeret~ of Slates Office, ~d general pa~nership papers are reqoired to be filed with the State Land
and Farm Loan Office prior to, and as a colldilion of Board approval o xy assigmnent
9. Assignments will not be considered tbr approval where assignor or anl ;since cnxently has a delinqnent (late) royalty or rental paymant obligation(s) for any State subsurhce resource lease·