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HomeMy WebLinkAbout929519 0006=17 WELLBORE ASSIGNMENT THIS WELLBORE ASSIGNMENT (the "Assignment"), dated effective 12:01 a.m. local time October 31, 2005 (the "Effective Time"), is from BP America Production Company, a Delaware corporation, whose mailing address is P.O. Box 3092, Houston, Texas 77253-3092 ("Assignor") to EOG Resources, Inc., a De/aware corporation, whose address is 600 Seventeenth 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 "Wellbore Interests"): 1. Seventy percent (70%) of Assignor's right, title and interest in and to the wellbore for the Whiskey Buttes Unit 253-28E Well, located in the SENW of Section 28, T21 N, R112W, 6th P.M., Lincoln County, Wyoming, at a surface location 1,871 feet from the North line, and 2,318 feet from the West line of said Section 28, and all associated equipment and personal property (the "Well bore") , together with such interest of the Assignor derived from the oil and gas leases described on Exhibit A hereto (the "Leases"), insofar and only insofar as the Leases cover the lands described on Exhibit A (the "Lands") under the Whiskey Buttes Unit and the Unit Operating Agreement for the Whiskey Buttes Unit, No. WYW 109754X, from the surface of the earth to 100 feet below the base of the Frontier formation, defined as the base of the coarsening upward sequence as depicted by well log gamma ray curve occurring at a measured depth of 11,807 measured depth feet in the BP America Production Company CHAMPLIN 186 I #2 (API No. 4904120840), located in Section 13, T18N, R113W, Uinta County, Wyoming (the "Assigned Depths"), as is necessary to vest in Assignee ownership of 70% of Assignor's right, title and interest in the Wellbore and the production therefrom, limited to the Assigned Depths, including specifically the interest that is attributable to Assignor in the Wellbore as may be derived from the Whiskey Buttes Unit and the Unit Operating Agreement for the Whiskey Buttes Unit. 2. Rights in and to all existing and effective unitization, pooling and communitization agreements, and other contracts, agreements and instruments to the extent only that they relate to or affect the Wellbore Interests. 3. Concurrent rights of ingress and egress to the Lands, and in and to surface use agreements, rights-of-way, easements, surface leases and other surface rights held by Assignor in connection with ownership or operation of the Leases and Lands. TO HAVE AND TO HOLD the Wellbore 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 THE WELLBORE INTERESTS IS FREE AND CLEAR OF ANY LIENS AND ENCUMBRANCES CREATED BY, THROUGH OR UNDER ASSIGNOR WITH THE EXCEPTION OF ROYALTY, OVERRIDING ROYAL TV AND OTHER BURDENS ON PRODUCTION OF RECORD ON JULY 31, 2003. B. This Assignment is subject to the terms and provisions of the BP-EOG Moxa Arch Farmout Agreement dated July 31, 2003, between Assignor and Assignee (the "Farmout Agreement"). If there is a conflict between the terms of this Assignment and the Farmout Agreement, the terms of the Farmout Agreement shall control and not be deemed to have merged into the terms of this Assignment. RECEIVED 5/18/2007 at 2:33 PM RECEIVING # 929519 BOOK: 658 PAGE: 617 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 1 O~2951.9 000618 C. This Assignment is subject to the terms, provisions and covenants of the Leases, all Lease burdens of record on July 31, 2003, all existing and effective pooling, communitization and unitization agreements and all other contracts, agreements and instruments related to the Wellbore Interests to the extent the same are of record on July 31, 2003 or identified in the Farmout Agreement. D. Assignee agrees to perform all obligations, express or implied, of Assignor under the Leases insofar as such obligations are applicable to the Wellbore Interests. E. To the extent permitted by law, Assignee shall be subrogated to Assignor's rights, to the extent of the Wellbore Interests, in and to representations, warranties and covenants given with respect to the Leases. Assignor grants and transfers to Assignee, its successors and assigns, to the extent so transferable and permitted by law, the benefit of and the right to enforce the covenants, representations and warranties, if any, which Assignor is entitled to enforce with respect to the Leases, but only to the extent not enforced by Assignor. F. 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 Farmout Agreement. G. Unless provided otherwise, all recording references in Exhibit A hereto are to the official real property records of the county in which the Lands are located. H. Separate governmental forms of assignment of the Wellbore Interests may be executed on officially approved forms by Assignor to Assignee, in sufficient counterparts to satisfy applicable statutory and regulatory requirements. Those assignments shall be deemed to contain all of the exceptions, reservations, warranties, rights, titles, power and privileges set forth herein as fully as though they were set forth in each such assignment. The interests conveyed by such separate assignments are the same, and not in addition to, the Wellbore Interests conveyed herein. I. This Assignment binds and inures to the benefit of Assignor and Assignee and their respective successors and assigns. J. 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 for all purposes as of the Effective Time. ASSIGNOR: BP AMERICA PRODUCTION COMPANY c.»~ 1M) 2 000619 O~29S19 Acknowledaements STATE OF TEXAS ) ) ss. COUNTY OF HARRIS ) The foregoing instrument was acknowledged before me this ~\ day of March, 2007 by Jeanine Haller Piskurich, as Attorney in Fact for BP America Production Company, a Delaware corporation. Witness my hand and official seal. My commission expires: Lì-\q-~\ù id~-.. CHARLES T, DAVIS, JR. ª\~/~ MY COMMISSION EXPIRES -"~,.....;~~:'" April 19, 2010 'I'f~r.",' (lit 1Q4- Charles T. Davis, Jr. STATE OF COLORADO ) ) ss. CITY AND COUNTY OF DENVER) Apri I c'JC The foregoing instrument was acknowledged before me thisZ3 rei day of-Marcll, 7í (Y) 2007 by J. Michael Schween, as Agent and Attorney in Fact of EOG Resources, Inc., a Delaware corporation. Witness my hand and official seal. My commission expires: 0 II / D / ;¿ol ú 9 e. c(Y¿~~ .. - 3 O~)2351.9 EXHIBIT "A" ATTACHED TO AND MADE A PART OF THAT CERTAIN WELLBORE ASSIGNMENT BY AND BETWEEN BP AMERICA PRODUCTION COMPANY, AS ASSIGNOR AND EOG RESOURCES, INC., AS ASSIGNEE "LANDS" Lincoln County. Wyoming: Sweetwater County, Wyoming: 000620 Township 20 North, Range 112 West. 6th P.M. Section 4: Lots 2-4, SENW Township 20 North. Range 113 West, 6th P.M. Section 1: Lots 3, 4 Section 2: Lots 1-3 Township 21 North. Range III West. 6th P.M. Section 6: Lot 14, SESW Section 7: Lots 1-4, E2W2 Township 21 North, Range 112 West. 6th P.M. Section 1: Lots 3, 4, SWNE, S2NW, S2 Section 2: Lots 5-8, S2N2, S2 Section 3: Lots 1-4, S2N2, S2 Section 4: SENE, SESW, SE Section 8: SENE, SESW, SE Section 9: ALL Section 10: ALL Section 11: ALL Section 12: ALL Section 13: ALL Section 14: ALL Section 15: ALL Section 16: ALL Section 17: ALL Section 18: SENE, E2SE Section 19: E2E2 Section 20: ALL Section 21: ALL Section 22: ALL Section 23: ALL Section 24: ALL Section 25: ALL Section 26: ALL Section 27: ALL Section 28: ALL Section 29: ALL Section 32: ALL Section 33: ALL Section 34: N2NE, NW, NWSW Section 35: NE, N2NW, SENW, N2SE, SESE Section 36: ALL Township 21 North, Range III West Section 7: NWNE, S2NE, SE Page 1 LANDS " o UJ o Z <t: ~ o Z o iii erJ <t: erJ <t: >= ~ C1. ~ o u Z o ¡:: U :J o o ~ C1. <t: u ë2 UJ ~ <t: C1. co QUJ UJUJ ~z ¡""O UJ- co~ _ 0 <t: <ZerJ: = <t: <t: Cf.) t: >- ,1;5 COCOU< s:;¡....6W ;x:Zcñ:-" UJUJUJ- ~U Z~ O:J iiiO erJerJ <t:UJ UJ~ ~ o CO ....J ....J UJ ~ Z :;;;: ¡.... ~ UJ U ¡.... <t: :r: ¡.... t..L. o ¡.... ~ <t: C1. <t: UJ o <t: ~ o ~ o ¡.... o UJ :r: u <t: ¡: <t: O~2951.9 .. v .0 E :I Z v WI CII v ....J c.. = '<!" 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