Loading...
HomeMy WebLinkAbout930018 2G\ 000629 ASSIGNMENT OF OIL & GAS LEASES STATE OF WYOMING § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LINCOLN This Assignment of Oil and Gas Leases is entered into effective June 29, 2006, by and among ZENERGY, INC., 6100 S. Yale Avenue, Suite 1700, Tulsa, Oklahoma 74136 (hereinafter referred to as "Zenergy"), Palace Exploration Company, 5 East 59th Street, 5th Floor, New York, New York 10022, Stephens Energy Company LLC, 1825 Lawrence Street, Suite 300, Denver, CO 80202, and Southwestern Energy Production Company, 2350 N. Sam Houston Parkway East, #300, Houston, TX 77032, (collectively hereinafter referred to as the "Parties"). WITNESSETH: WHEREAS, Zenergy has made a prior overriding royalty interest assignments of one and one-half percent (1.5%) interest in the leases described in Exhibit "A", (hereinafter referred to as the "Leases"), attached hereto and made a part hereof; and, WHEREAS, Zenergy has made a prior assignment of two and eight hundred and thirty- five ten thousandths percent (2.0835%) interest in the Leases; and, WHEREAS, Zenergy intends to assign the remainder of its working interest in the Leases to the Parties, expressly reserving an overriding royalty interest onto itself equal to the difference between twenty-seven and five tenths percent (27.5%) and the existing burdens on the Leases, thereby delivering to the Parties a net revenue interest of seventy-two and five tenths percent (72.5%). NOW THEREFORE, the undersigned, ZENERGY, INC., 6100 S. Yale Avenue, Suite 1700, Tulsa, Oklahoma 74136, hereinafter called "Assignor", for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, does hereby grant, bargain, sell, transfer, assign and convey unto the Parties listed below, hereinafter referred to as "Assignees", their legal representatives, successors and assigns, all of Assignor's remaining ninety-seven and nine thousand one hundred and sixty-five ten thousandths percent (97.9165%) interest, in and to the Leases in the percentages set forth below opposite each Assignee's name: ASSIGNEES Palace Exploration Company 39.5865% of 8/8ths Stephens Energy Company LLC 25% of 8/8ths Southwestern Energy Production Company 33.33% of 8/8ths If the Leases cover less than the entire undivided mineral estate in the described lands and/or if Assignor owns less than all interest in and to said Leases, then the interests herein assigned shall be proportionately reduced. The lease acreage hereby is assigned by the Assignor and accepted by the Assignees subject to the royalties and/or other burdens out of or with respect to production with which said lease acreage is encumbered. The Assignees hereby assume and agree to pay their proportionate part of each of said burdens to the extent that they are a part or remain a burden on the lease acreage herein assigned and to comply with the terms of (1) the Participation Agreement dated May 1, 2006 between Zenergy, Inc., Palace Exploration Company, Zeneco, Inc., Stephens Energy Company LLC and Southwestern Energy Production Company; (2) The Seismic Option and Farmout Contract dated September 22, 2004 between Anadarko Land Corp and Zinke & Trumbo, Inc., (n/kIa Zenergy, Inc.); and, (3) any agreements under which the lease acreage may have been acquired. Hams Fork Prospect AMI #1267 Lincoln Co., Wyoming Page 1 of 4 This Assignment is made without warranty of title either express or implied, except as to claims made by, through or under Assignor. RECEIVED 6/5/2007 at 9:34 AM RECEIVING # 930018 BOOK: 660 PAGE: 629 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY U::J;J0018 , ~JOOS30 This instrument may be executed in any number of counterparts, each of which shall be considered an original for all recordation purposes. It shall be sufficient that all signature pages and acknowledgment pages be cumulated with one original document. IN WITNESS WHEREOF this Assignment is executed this UJIf::. day of April 2007, however, effective for all purposes as of June 29, 2006. Assignor: ZENERGY, INC. llJL- Assignees: PALACE EXPLORATION COMPANY ~~ Title: Vice President STEPHENS ENERGY COMPANY LLC By: Title: SOUTHWESTERN ENERGY PRODUCTION COMPANY By: Title: STATE OF OKLAHOMA ) ) § COUNTY OF TULSA ) BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this 2D~ day of April 2007, personally appeared Robert M. Zinke, to me known to be the identical person who subscribed the name of Zenergy, Inc. to the foregoing instrument as its President and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal the day and year last above written. . JANICE N sc.~. TULSA COUNTY ~.01014024 e...: 20, 2001 Notary Public Hams Fork Prospect AMI # 1267 Lincoln Co" Wyoming Page 2 of 4 '\\U· ".1 8 O'~3v.L ~')OO~31 This instrument may be executed in any number of counterparts, each of which shall be considered an original for all recordation purposes. It shall be sufficient that all signature pages and acknowledgment pages be cumulated with one original document. IN WITNESS WHEREOF this Assignment is executed this _ day of April 2007, however, effective for all purposes as of June 29, 2006. Assignor: ZENERGY, INC. By: Robert M. Zinke, President Assignees: PALACE EXPLORATION COMPANY By: Paul A. Howard Title: Vice President STEPHENS ENERGY COMPANY LLC é.J~ SOUTHWESTERN ENERGY PRODUCTION COMPANY By: Title: STATE OF OKLAHOMA ) ) § COUNTY OF TULSA ) BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this _ day of April 2007, personally appeared Robert M. Zinke, to me known to be the identical person who subscribed the name of Zenergy, Inc. to the foregoing instrument as its President and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal the day and year last above written. By: Notary Public Hams Fork Prospect AMI # 1267 Lincoln Co., Wyoming Page 2 of 4 0;:)3001.8 000632 This instrument may be executed in any number of counterparts, each of which shall be considered an original for all recordation purposes. It shall be sufficient that all signature pages and acknowledgment pages be cumulated with one original document. h IN WITNESS WHEREOF this Assignment is executed this .707 day of April 2007, however, effective for all purposes as of June 29, 2006. Assignor: ZENERGY, INC. By: Robert M. Zinke, President Assignees: PALACE EXPLORATION COMPANY By: Paul A. Howard Title: Vice President STEPHENS ENERGY COMPANY LLC By: Title: SOUTHWESTERN ENERGY PRODUCTION COMPANY çJ~¿¿ By: Jim R. Dewbre Title:s r. V. P. - Land & Bus iness / Or gani za t i onal Development STATE OF OKLAHOMA ) ) § COUNTY OF TULSA ) BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this _ day of April 2007, personally appeared Robert M. Zinke, to me known to be the identical person who subscribed the name of Zenergy, Inc. to the foregoing instrument as its President and acknowledged to me that he executed the same as his tree and voluntary act and deed and as the tree and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal the day and year last above written. By: Notary Public Hams Fork Prospect AMI #1267 Lincoln Co., Wyoming Page 2 of 4 u::;30018' STATE OF NEW YORK ) ) § COUNTY OF NEW YORK ) BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this gc:Þ- day of JI11?'::i 2007, personally appeared Paul A. Howard, to me known to be the identical person who subscribed the name of Palace Exploration Company to the foregoing instrument as its Vice President and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. {ÞOO1>33 GIVEN under my hand and seal the day and year last above written. .I" (;1\ 81:1:1...... Notary Public. State of New York No. 31-4969000 Qualified In New York Coun!~ "ommission Exø/les July 9. 20ßl..o, '-". By: t,'-¡ STATE OF COUNTY OF ) ) § ) BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this _ day of 2007, personally appeared , to me known to be the identical person who subscribed the name of Stephens Energy Company LLC to the foregoing instrument as its and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal the day and year last above written. My Commission Expires: By; Notary Public STATE OF ) ) § ) COUNTY OF BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this _ day of 2007, personally appeared , to me known to be the identical person who subscribed the name of Southwestern Energy Production Company to the foregoing instrument as its and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal the day and year last above written. My Commission Expires: By: Notary Public Hams Fork Prospect AMI #1267 Lincoln Co., Wyoming Page 3 of 4 u~3U01.8 STATE OF NEW YORK ) ) § COUNTY OF NEW YORK ) lJOOS34 BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this _ day of 2007, personally appeared Paul A. Howard, to me known to be the identical person who subscribed the name of Palace Exploration Company to the foregoing instrument as its Vice President and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth, GIVEN under my hand and seal the day and year last above written. By: Notary Public STATE OF Colorado COUNTY OF Denver ) ) § ) BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this 26 day of April 2007, personally appeared Douglas E. We in , to me known to be the identical person who subscribed the name of Stephens Energy Company LLC to the foregoing instrument as its Vice President and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. . .. .. \ ~JYf~ under my hand and seal the day and year last above written, ,- ,. ,f(- '_..~"" j -.. ~~iliim.'··f· sio~' Expires: "',('\1.. "Iä!1 ~4-.í d j" '., '" "',".:' ,....<}_....>..., " ,:¡i.hf¢J;' j'" \ ,,", . :: It¡ :.¡~1 t:I.. U 1_) . .~ .-r.\"".i1"~~ ' t.: .'..... . " ,,~:., .' ft,~~:~·,~·,.....· ". ( "':¡?-"¡~~(i~'- t ['; \ STATE OF ) ) § ) COUNTY OF BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this _ day of 2007, personally appeared , to me known to be the identical person who subscribed the name of Southwestern Energy Production Company to the foregoing instrument as its and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal the day and year last above written. My Commission Expires: By: Notary Public Hams Fork Prospect AMI #1267 Lincoln Co., Wyoming Page 3 of 4 O~3UO:l8 STATE OF NEW YORK ) ) § COUNTY OF NEW YORK ) VOOS3S BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this _ day of 2007, personally appeared Paul A. Howard, to me known to be the identical person who subscribed the name of Palace Exploration Company to the foregoing instrument as its Vice President and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal the day and year last above written. By: Notary Public STATE OF ) ) § ) COUNTY OF BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this _ day of 2007, personally appeared , to me known to be the identical person who subscribed the name of Stephens Energy Company LLC to the foregoing instrument as its and acknowledged to me that he executed the same as his free and voluntary act and deed and as the free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth. GIVEN under my hand and seal the day and year last above written. My C01nnÙssion Expires: By: Notary Public STATE OF la)C.OS . COUNTY OF t-\(lIt..o..,,, ) ) § ) BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this ,~ day of rY\.~ 2007, personally appeared ::S::tn ~~"",bÞ..~ , to me known to be the identic person who subscnbed the n me of Southwestern Energy Production Company to the foregomg instrument as its Stt.. p. and acknowledged to me that he executed the same as his free and voluntary act an deed an as t e free and voluntary act and deed of such Corporation, for the uses and purposes therein set forth, GIVEN under my hand and seal the day and year last above written. My C01nnÙssion Expires: PAUL Notary Public. State ofTexas My Commission Expires April 16, 2008 ~~~~ M~.JØ.. Q Notary Public Hams Fork Prospect AMI #1267 Lincoln Co., Wyoming Page 3 of 4 ., 8,- ()'::.)3ÜOl. " Ü00636 ..: o c:: 0) ëñ en « en ctJ U c: >; tn ... Q) c: Q) N c:: Q) Æ Q) .c "0 c:: ctJ >. .c ~ o o N . iikll :¡::~ 0.« «en "OctJ Q) ~ ......- ctJ CIS "0_ ""«"" en Q) Q) ~ en>' .. CIS c: .. Q) CIS ..... ....I 0- .- en E .c CIS 0 .- 0 (J .c oð c: >< -.2 .- - W 0", ....... 0.2 -0- c: >< Q)W E Q) c: (.) tnClS ëñ ñi enQ. «"0 c:: c:: 'ffi ctJ 1:: Q) u ...... ctJ ~ ...... .... o Q) .... Q) ~ 1:: ctJ 0. ctJ Q) "0 ctJ E "0 c:: ctJ o ...... Q) .... Q) ~ "0 Q) ~ u ctJ ~ « ~ co (J) 0 ..- co (") '<t 1.0 'o.. co 1.0 ..- co (0 (0 (0 (0 'o.. co a. .:.::: 0 0 0 0 0 0 0 1.0 1.0 1.0 1.0 1.0 1.0 0 (0 (0 (0 (0 (0 (0 co 0> (0 'o.. co (J) (0 ..- I:: 1.0 1.0 1.0 1.0 (0 'o.. 'S; , '<t '<t '<t '<t '<t '<t .- 0 'o.. 'o.. 'o.. 'o.. 'o.. 'o.. ~z N N N N N N Q) (J) (J) (J) (J) (J) (J) a:: N N N N N N (J) (J) (J) (J) (J) (J) 1.0 1.0. 1.0 ~ 1.0 1.0. ..- ..- ..- ..- ..- ..- ..- ..- ..- ..- ..- ..- 0 0 0 0 0 .8 - - - - - I:: I:: I:: I:: I:: I:: 3: 3: 3: 3: 3: 3: 0 0 0 0 0 0 "0 "0 "0 "0 "0 "0 Q) Q) Q) Q) Q) Q) () () () () () () -ê co -ê -ê -ê -ê 't: ::J ::J ::J ::J ::J ::J I/) I/) I/) I/) I/) I/) Q) Q) Q) Q) Q) Q) ..c: ..c: ..c: ..c: ..c: ..c: - - - - - - E E E E E E .g 0 0 0 0 0 .... J:: .... J:: J:: .... .... ..c: ..c: ..c: ..c: ..c: ..c: Q. 15. "5 Q. "5 "5 Q) Q) Q) Q) Q) Q) "0 "0 "0 'tJ 'tJ 'tJ .£: I:: .£: I:: ,£: .£: I:: 0 'tJ "0 'tJ 'tJ "0 "0 ~ :m Q) Q) Q) Q) Q) - - ;!: ;!: ;!: .... ,ê I~ :ê .ê .ê ,ê () I/) - - Q) ~ « « « « « 0 ~ ~ ~ ~ ~ ~ ~ I:: 1.0 1.0 1.0 1.0 1.0 1.0 co ..- ..- ..- ..- ..- ..- a:: ..- ..- ..- ..- ..- ..- .9 ..c: I/) I:: 3:: z z z z z z 0 0 0 0 0 ..- ..- l- N N N N N N () 1.0 'o.. (J) 'o.. 1.0 1.0 Q) ..- N (") CJ) Q) g! (0 (0 (0 (0 (0 (0 0 0 0 0 0 0 I/) :p Q) 0 0 0 0 0 0 COO- ~ N N ~ ~ N Q) Q) CO ...... ...... ...... ...J:¡::O 'o.. 'o.. 'o.. 'o.. 'o.. ~ ~ ~ ~ N N UJ ...... ...... (0 (0 (0 (0 (0 c..i c..i c..i c..i c..i c..i .E: I:: I:: .E: I:: .E: - - - g ~ >- ~ ~ ~ .... É- 0 .... .... .... .... I/) Q) Q) Q) Q) Q) Q) I/) I:: I:: I:: I:: I:: I:: Q) Q) Q) Q) Q) Q) Q) ...J N N N N N N r:i r:i r:i è r:i r:i .... .... .... .... .... 0 0 0 0 0 0 C ) Ü Ü Ü Ü Ü Ü C ) "0 "0 'tJ 'tJ 'tJ 'tJ en I:: I:: I:: I:: I:: I:: III CO CO CO CO (t (t C ) ...J ...J ...J ...J ...J ...J ...J 0 0 0 0 0 0 iU .:.::: .:.::: .:.::: .:.::: .:.::: .:.::: .... .... .... .... .... .... I:: CO (t CO CO CO CO :§ 'tJ 'tJ 'tJ 'tJ 'tJ 'tJ CO CO (t (t CO (t r.. I:: I:: I:: I:: ~ I:: 0 « « « « « ~ .. - :ë .- J: >< W 'to- o "'C r:: W r- OD :::! '"' ~bij '" ~ ï:J p..!?. ~~ d: . -,,<o-.:t ~C;;15 ¡!¡õ-.:t I:: u ~ ~;3~