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000085
ASSIGNMENT OF INTEREST IN OIL AND GAS LEASE
THIS ASSIGNMENT OF INTEREST IN OIL AND GAS LEASE (the
"Assignment"), dated effective 12:01 a.m. June 1, 2005 (the "Effective Time"), is from
Kerr-McGee Oil & Gas Onshore LP, a wholly owned subsidiary of Anadarko Petroleum
Corporation, formerly know as successor in interest to Westport Oil and Gas Company,
L.P., whose mailing address is 1999 Broadway, Suite 3700, Denver, Colorado, 80202
("Assignor") to EOG Resources, Inc., a Delaware corporation, whose mailing address is
600 17th Street, Suite 11 OON, Denver, Colorado, 80202, ("Assignee"),
For good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Assignor hereby sells, assigns, transfers, grants, bargains, and
conveys to Assignee the real and personal property interests described below, located in
Lincoln County, Wyoming (the Assigned Interests"):
1. Twenty-five percent (25%) of Assignor's right, title and interest in and to
the Slate Creek #1-11 well ("Test Well"), the material and equipment
appurtenant thereto and Assignor's proportionate share of production
therefrom, Said interest being the after payout interest Assignee elected to
accept on November 11,2005, by that certain election letter dated October
12, 2005, from Westport Oil and Gas Company, L.P, and further defined
in that Farmout Agreement dated July 24, 2003, by and between EOG
Resources, Inc. and Westport Oil and Gas Company, L.P. (the
"Agreement").
2,
Concurrent rights of ingress and egress to the Test Well, and in and to the
surface rights held by Assignor in connection with ownership of the Test
Well.
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3. Rights to all contracts, agreements and instruments to the extent only that
they relate to or affect the Assigned Interests.
TO HAVE AND TO HOLD the Assigned Interests unto Assignee and its
successors and assigns forever.
This Assignment is made and accepted expressly subject to the following terms
and conditions:
A, THIS ASSIGNMENT IS MADE WITHOUT WARRANTY OF ANY
KIND, EXPRESS, IMPLIED OR STATUTORY EXCEPT THAT
ASSIGNOR WARRANTS THAT TITLE TO THIS ASSIGNED
INTEREST IS FREE AND CLEAR OF ANY ENCUMBRANCES
CREATED BY, THROUGH OR UNDER ASSIGNOR WITH THE
EXCEPTION OF ROYALTY, OVERRIDING ROYALTY AND OTHER
BURDENS OF RECORD AS OF THE EFFECTIVE TIME.
RECEIVED 1/11/2007 at2:19 PM
RECEIVING # 926010
BOOK: 646 PAGE: 85
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
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B. Assignee agrees to perfonn all obligations, express or implied, of Assignor
under the leases insofar as such obligations are applicable to Assigned
Interests.
C. The references herein to liens, encumbrances, burdens, defects and other
matters shall not be deemed to ratify or create any rights in third parties or
merge with, modify or limit the rights of Assignor or Assignee as between
themselves, as set forth in the Agreement.
D. Separate governmental fonns of assignment of the Assigned Interests have
already been executed on officially approved fonns by Assignee to
Assignor. Said transfer dated November 20,2003, approved by Bureau of
Land Management on February 1, 2004. This above mentioned
assignment shall be deemed to contain all of the exceptions, reservations,
warranties, rights, titles, power and privileges set forth therein as fully as
though they were set forth in such assignment. The interest conveyed in
this Assignment are the same, and not in addition to, the Assigned
Interests conveyed herein.
E, This Assignment binds and inures to the benefit or Assignor and Assignee
and their respective successors and assigns,
F. This Assignment may be executed in counterparts, each of which shall be
deemed to be an original instrument, but all of which together shall
constitute but one instrument.
EXECUTED on the dates contained in the acknowledgments of this Assignment
to be effective as of the Effective Time.
ASSIGNOR:
KERR-MCGEE OIL & GAS ONSHORE LP
(4¿"~
David R. Dix, Attorney-in- act
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00008?
ACKNOWLEDGEMENT
STATE OF COLORADO )
) 55,
COUNTY OF DENVER )
On this 30th day of October, 2006, before me personally appeared DAVID R, DIX, to me personally
known, who, bel me duly sworn. did say that he Is the Attorney-in-Fact of Kerr-McGee Oil & Gas
Onshore DAVID R. DIX acknowledged said Instrument to be free act and deed of said
corpora .~ ...:.~. ~,(\
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~ttiiiĊĦs my hand- añ~ this 30th day of October, 2006.
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Notary Public
My Commission Expires 07/13/2008
ACKNOWLEDGEMENT
STATE OF OLORADO )
) 55,
COUNTY 0 DENVER )
I
. On ¡ this. /~a~ of , 2006. before me personally appeared
:5, /h1L.J.. d¿1 .ÇJ;,;¡ØP~. as; - ';/J- 0 me personally known, who, being
by me duly ~~rn, diçf say- t~at he is tel! f EOG RESOURCES, INC. and that
said :5,mvdtaeJ' .3£ht.~Þ'/l,ªckn ledged said in ment to be free act and deed of said company.
Wi I ess my hand and seal this /.!f!:day of ~eL-e(71he-r'" ,2006.
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wry Pu IC
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My COMissi~exPires:
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000088
EXHmIT "A'
ATTACHED TO AND MADE A PART OF
ASSIGNMENT OF INTEREST IN OIL AND GAS LEASE,
DATED EFFECTNE JUNE 1,2005, BY AND BETWEEN
KERR-MCGEE OIL & GAS ONSHORE LP, AS ASSIGNOR, AND
EOG RESOURCES, INC., AS ASSIGNEE
Federal Oil and Gas Lease WYWI22223
TOWNSHIP 23 NORTH, RANGE 112 WEST, 6th P. M.
Section 11: SE/4SW/4 (only as it pertains to the "Test Well", described below)
Containing 40.00 acres, more or less
Lincoln County, Wyoming
Limited to those depths ftom the surface of the earth to the stratigraphic equivalent of
100 feet below the base of the Frontier fonnation as encountered at 11,431 feet in the
Slate Creek #1-11 well, located in the SE/4SW/4 of Section 1 l-T23N-RlI2W
This Assignment of Interest is further limited to Assignor's right, title and interest in and
to the Slate Creek #1-11 well ("Test Well"), the material and equipment appurtenant
thereto and Assignor's proportionate share of production thereftom, and subject to all the
tenns and conditions described in this Assignment of Interest in Oil and Gas Lease and
that Farmout Agreement dated July 24, 2003, by and between EOG Resources, Inc, and
Westport Oil and Gas Company, L.P,
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