HomeMy WebLinkAbout925068
Effective 11186
State of Wyoming
Board of Land Commissioners
Oil & Gas Lease Interest Assignment
Return to:
State Land & Farm Loan Office
122 West 25th Street
Herschler Building, 3 West
Cheyenne, WY 82002-0600
Form ML-2
(Revised 4-96)
Filing Fee - $25,00 - Non Refundable
Wyoming Oil & Gas Lease Serial Number 04-00542 #584
000321
Assignment Approval Date - A~RO\jED
aov 0 9 2006
ASSIGNOR, with name and address at,
Zinke & Trumbo, Inc.
1202 East 33rd Street
Tulsa, Oklahoma 74105-2048
1. l(
being the owner of 100 percent LEASEHOLD interest in this lease, described in particular if less than the total leasehold as:
(Type Interest: Leasehold/Operating Rights/Overriding Royalty)
~~
Sec 35- 24N- 115W:
NWNE
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LINCOLN County, Wyoming
40.00 Acres, more or less
For good and valuable consideration, hereby assigns to:**********************************************************
RECEIVED 12/6/2006 at 11 :45 AM
RECEIVING # 925068
BOOK: 642 PAGE: 321
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
1)
ASSIGNEE, with name and address at:
Palace Exploration Company
1202 East 33rd Street
Tulsa, OK 74105-2048
. -··68.4% interest in the total leasehold, or as described in particular above.
2) ASSIGNEE, with name and address at:
RZ, Inc.
1202 East 33rd Street
Tulsa, OK 74105-2048
..
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03.6% interest in the total leasehold, or as described in particular above.
..
3) ASSIGNEE, with name and address at:
Nevada Petroleum Corporation
1470 NE Ist Street, Suite 100
Bend, OR 97701
08% interest in the total leasehold, or as described in particular above.
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4) ASSIGNEE, with name and address at:
Horsetrap Partners LLC
2371 Brighton Circle
Medford, OR 97504
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10% interest in the total leasehold, or as described in particular above.
5) ASSIGNEE, with name and address at:
Condor Exploration LLC
7720 East BeUveview, Suite B-I02
Greenwood Village, CO 80111
10% interest in the total leasehold, or as described in particular above. ~
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and reserving unto ASSIGNOR, 0% interest in the total leasehold, or as described in particular above,
This assignment is subject to any existing overriding royalties previously reserved. . Reservations of overriding interests must be approved by
the Director, and any such approval is subject to the condition that overriding royalties may be cancelled by the Board of Land
Commissioners if it finds that such overriding 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 all the tenns, conditions, stipulations,
restrictions ~n.d statutes governing the lease described above, and of the Rules of the Board, at Chapter 6, Leasing of Subsurface Resources,
This form may be duplicated.
.if space is needed for additional assignors or assignees submit copies of this form only,
Page! of l of Lease #04-00542 #584 assignment dated
SIGNED AS TO TRANSFER AND ACCEPTANCE this
day of
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STATE OF OKLAHOMA
COUNTY OF TULSA
This instrument was acknowledged before me this ~ day Of~, 2005 by Robert
STATE OF OKLAHOMA
STATE OF 8J::t.aq-{'
COUNTY OF~\tI~-S
This instrument was acknowledged before me this ~ day of
of Nevada Petroleum Co
~
STATE OF O~~{fIYl,/
COUNTY OF.j¿'!Íl!?rt tt.;i!J( !Ii'
This instrument was acknowledged before me this Œ JJay of /~
of Horsetrap Partners, LLC,
OFFICIAL SEAL
ALYCE M LARSEN
NOTARY PUBLIC-OREGON
COMMISSION NO, 364338
MY COMMISSION EXPIRES JAN, 25 2007
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STATE OF ~Ol.. 'J'Q 'iMO O~ ,"I
COUNTY OF BiW""P )J~~
This instrument was acknowledged before me this ¿ day of
I) This form must be completed and submitted for any assignment of State Oil & Gas Lease leasehold interest, undivided or divided as to separate tracts. formations. zones or deposits, and for
overriding royalty interest.
2) Assignments ofless than a 100% leasehold interest. do not relieve the assignor ofthe 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
performance under the lease. and default subjects the entire lease to forfeiture not just the interest related to any performance obligation considered to be in default.)
3) A signed original and one copy of each assignment must be filed with the Wyoming State Land and Farm Loan Office.
4) Each assignment, ifapproved, 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 wellbores 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 lands interests must be given,
7) Assignments creating a separate (reissue) lease subject to the rules and regulations governing all State of Wyoming Oil & Gas Lease do not change the tenns 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 ofthe original lease. (See Board
Rules, Chapter 6, Section A,)
8) Corporations. limited liability companies, and limited partnerships must be qualified with the Wyoming Secretary of State's Office, and general partnership papers are required to be filed with
the State Land and Farm Loan Office 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 1 of 1 of Lease #04-00542 #584 assignment dated