HomeMy WebLinkAbout930019
';r
OOOS37
ASSIGNMENT OF AFTER PAYOUT WORKING INTEREST
STATE OF WYOMING
)
)§
)
COUNTY OF LINCOLN
This ASSIGNMENT OF AFTER PAYOUT WORKING INTEREST, by and between
PALACE EXPLORATION COMPANY, 5 East 59th Street, 5th Floor, New York, New York
10022, hereinafter referred to as ("Assignor") and ZENECO, INC., 6100 S. Yale Ave., Suite
1700, Tulsa, Oklahoma 74136, hereinafter referred to as ("Assignee").
For and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, Assignor does
herein grant, bargain, sell, transfer, assign and convey unto ZENECO, INC. its successors and
assigns, effective upon "Payout" as such term is hereinafter defined, five percent (5%) of
Assignor's working interest, in and to the oil and gas leases described in the attached Exhibit
"A", in and to any well located thereon, on a well by well basis. For the purposes hereof
"Payout" shall be defined as the point in time when the revenue from the sale of production from
a well located upon the above described oil and gas leases accruing to the working interest of
Assignor, after deduction of royalty, overriding royalty interests assigned as of the date hereof,
and severance and production taxes equals the cost incurred by Assignor of drilling,
completing, equipping and operating such well to that point in time.
The lease acreage hereby is assigned by the Assignor and accepted by ZENECO, INC.
subject to the royalties and/or other burdens out of or with respect to production with which said
lease acreage is encumbered, and subject to the terms of any agreements under which it may
have been acquired by Assignor, and ZENECO, INC. hereby assumes and agrees to pay its
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 any agreements under
which the lease acreage may have been acquired.
This Assignment is made subject to that certain Amended and Restated Exploration and
Development Agreement dated September 24, 2003.
This Assignment is made without warranty of title either express or implied.
This Assignment may be executed in one or more counterparts and all of the
executed counterparts shall together constitute one instrument.
IN WITNESS WHEREOF this Assignment is executed February ~~ 2007, however,
effective for all purposes as of August 18, 2006.
Assignor:
PALACE EXPLORATION COMPANY
~~.~"º
By: Paul A. Howard, Vice Preside t
Assignee:
~ I.v
\~r,;
\)
STATE OF )(£M;- o/d.
COUNTY OF ') 1V'V1/~
)
) §.
)
,'1J 1/'( BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this ~ day of
F.gf¡¡rI:l6FY 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.
...,('f\ ~"~
Notary pœl\c. State of New York
No. 31-4969000
Quallflel;l In New York CounlJ~
~ssiOR expires July 9. 2CJ..tI:M
Hams Fork #1267
APO WI Fee Leases
Page 1 of8
RECEIVED 6/5/2007 at 9:36 AM
RECEIVING # 930019
BOOK: 660 PAGE: 637
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
u~~:.Mjlt:¡;j
0001S3B
STATE OF OKLAHOMA )
) §.
COUNTY OF TULSA )
J
BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this ~)...... day of
February 2007, personally appeared Robert M Zinke, to me known to be the identical person who subscribed the
name of Zeneco, 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.
. Notary liiio
State of 0IdIIMMna·
TULSACOU
CommiSsiOft.01'ß"=
Explnll: ao.
Hams Fork #1267
APO WI Fee Leases
Page 2 of8
. ' r', p'~~ ~~
U:J...;¡VO.L-.4
..-
<X>
1.0
co
..-
0')
N
<X>
1.0
co
..-
0')
N
<X>
co
co
..-
0')
0') "'" co
<X> ..- ..-
(I') ..- ..-
~
0
c::
C) "'" "'" "'"
ëñ ..- ..- ..-
~ CO CO CO
en
nI
~
c:: íÕ
nI ""'u. ""'u. ""'u.
C. <X> ùJ 0 0" WOO WOO
e ~::::t
"0 ' C/) « ~UJ« ~UJ«
-UJ UJUJO
0 "",C/) I~a::: IZO IZO
c:: ."'" I-~~ I-~~
':.2 -- I-....J....J
0;;: u.a:::- u.a:::- u.a:::~
- O~~ O~~ oUJ
nI ~z
~ I-
0 (I') . I-z·UJ ~zUJ ~zUJ
ë. -::::t a:::UJz UJZ
>< (1');;: «0- «~~ «o-
w '-::"C/) c.. ....J c.. ....J c..UJ¡:
CP "-N I-UJI- I-UJI-
..- - «I a::: «I a::: ~Ia:::
CJ ·UJ
nI ..- I1-O II-O II-O
ëU (I') - I-U.I I-U.I I-U.I
a. -1.0 O°C/) O°C/) O°C/)
N~
c:: . ..- ZIZ ZIZ ZIZ
Cp " Ñ"'" «1-0 «1-0 «1-0
CP""
.!8 ..- . :J (9 >- _:J (9 >- .:J (9 >-
·CO
..- ::::t0UJZ ::::t0UJZ ::::t0UJZ
cpN (1')"", :§:(/)a:::« ;;:C/)a:::« ;;:(/)a:::«
J:2 '>'1 -0 C/)(90c.. C/)(90c.. C/)(90c..
"0<'1 ..- .
c::'" enN ¡¡¡ZUJ~ ¡¡¡ZUJ~ ¡¡¡ZUJ~
nI~ ....."'" - 0 - ° -IO
0 C/)~¡::o C/)~¡::o c/)~I-O
-nI ....JLO
en :s
Cp ~
~J:2 ;;: :§: :§: :§: ;;:
oSCP
.sUo 1.0 1.0 1.0 1.0 1.0
..- ..- ..- ..- ..-
ft C)"O ..- ..- ..- ..- ..-
ft c:: Cp
<t "- ';û
:: 1:"0
I- 0 R
-3:CP
aJ_~ z Z Z Z Z
-:s 0 ..- 0 0 ..-
:I: O.~ N N N N N
>< >. en
W~~ co "'" co co "'"
~ en (I') (I')
Cp nI
-
.... R
«cj ..- ..- ..-
.... c::
0- ..- ..- ..-
-Ò 0 0 0
N ~ N
c:: CJ - -
Cp Cp ..- ..- ..-
E c:: ..- ..- ..-
- - -
c:: Cp (I') (I') (I')
C)N
ëñ "0
en c:: co co co
«nI 0 0 0
0 0 0
c:: ~ N N
ëü - N
N N
1:: ..- ..- ..-
Cp - - -
CJ (I') (I') (I')
-
nI
~
-
....
0 :J
1:: ~ "C
nI c:: co
c. ...
co OJ
nI II)
:s "C
Cp (/) C
"0 "C co
nI ...
E c Q)
co .....
"0 ~ ~
c:: :t:: C):;t
nI ~ E :Joð
0 :t:: C/) :;t J!!~
- E C/) .
C/) 'oð . ...
"0 ~~ a:::E
Cp « II) . >-~
~ Q)~
CJ ~ E:t:: U :J
nI U C co
- co co E co_
<ê ., .,C/) ZC/)
U U
.E ~ .E
~
... Q) ...
Q) C Q)
C Q) . C
Q) N CJ Q)
N .E N
000639
083UÜ'1.9
....
CD
....
-.;t
....
0)
('I)
....
('I)
-.;t
....
0)
0)
('I)
N
....
N
0)
\000640
CD
-.;t
,....
-.;t
....
0)
CD -.;t
LO IX)
IX) 0) ....
-.;t ('I)
CD N
0
('I)
CD
CD IX) ,....
0
0 0 CD
CD CD
-'
-.;tLL LO -.;t -.;tLL
WOO IX) WLL Woo
~Wc:x: N-.;t(/)O~ ~Wc:x:
~WWWO
::r:ZO -.;t(/)::r:~c::: ::r:ZO
I-::ï~ -,:::tl-æ-l I-::ï~
LLC:::- O~LL ~ LLC:::-
O~~ ;ZO~ O~~
I-ZW ('I)-.;t"I-ZW ~ZW
C:::WZ --.c:::WZ WZ
C:X:O- ('I)~C:X:O::ï C:X:O-
Cow;: -'00 CoWl- Co -I
....NI- WI-
!;;(::r:c::: "":Wc:x:::r:c::: !;;(::r:c:::
::r:1-0 .... ::r:1-0 ::r:1-0
I-LL::r: ('I) . LL I-LL::r:
0000 -LOI-oæ o a(/)
NO)O
z::r:z -,"":z::r:z z::r:z
c:x:1-0 N-.;tc:x:I-O c:x:1-0
. ::I (9 >- .... .::1(9)- .::1 (9 >-
:::tOwz . CD -.;t ° :::tOwz
.... -. Wz
~ooc:::c:x: ~-.;t~OOC:::c:x: ~ooc:::c:x:
(/)(9 ° a.. ....~(/)(90a.. (/)(90a..
ŒZw~ (/)~ŒzW~ ŒZw~
>=::r:0 õ >=::r:0 >=::r:0
(/)-II-ü -ILO(/)-II-ü 00-11-0
~ ~ ~ ~
LO LO LO
.... .... .... ....
.... .... .... ....
z
o
N
I-
a>
c:
a>
N
Z
Z
o
N
Z
Z
o
N
CD
-.;t
('I)
CD
~
CD
....
....
o
~
....
....
--
('I)
....
....
o
~
....
....
--
N
....
....
o
N
--
....
....
--
('I)
CD
o
o
~
N
....
--
('I)
CD
o
o
N
--
N
....
--
N
CD
o
o
~
N
....
--
('I)
::I
CtJ
~
<C
~
c:
CtJ
l-
LL
'0:;:
c:oð
CtJJ::
c: .
o c:
.!!2 0
> (/)
CtJ'-
o ~
'00
roc:
c: c:
oC:X:
c::: c:
E a>
CtJ~
=£i
.- CtJ
~~
a>
:c
CtJ CtJ
u c:
o c:
> CtJ
a>J::
c:::o
>oJ
=ò
EO)
CtJO)
LL~
::IN
CtJ ~ a>
~oa>
. ~ (¡)
a..'O::I
E15~
Æ êij :i
=::ICtJ
~~~
c3
c:
c3
c:
c3
c:
I-
a>
c:
a>
N
I-
a>
c:
a>
N
z
....
N
CD
('I)
....
....
o
~
N
....
--
,....
CD
o
o
~
('I)
....
--
,....
~
ro
::1'0
'0 .-
.- c:
,~ W
'0-'0
.5 0 a>
. a> (/)
'O-CtJ
>oCtJa>
.Qûju
LLWa>
c:a>'O
OJ:: .
(/) _ c:
c: 0 0
:õ-~
O 1-.-
.- .c
c:::~O
CtJ(/)C:::
'OCtJa>
c: .-
a> '0 I-
-c:CtJ
(9CtJ~
c3
c:
I-
a>
c:
a>
N
093üü---
( )
.c
. ....
~o
0::
co·Q5...:
..I<:.c=
coc:g
>;coe>
..I<: I/) co
I/) co 1::
,£; -c ( )
Ec:cc
o CO I/)
:x:: "-c
-c=
æ.Ero
o .~
""') ~_-c
I/) I/) 0 ( )
( ) c: ( ) I/)
'- .- - g¡
.2E$u
o 0 I/) ( )
O:X::UJ-c
....
.c
e>
'<t "¡:
--c
:;¡:co
(/)0
'-
'<t=
ùJco
zO::
u
( )t;=
-= '(3
_co
oc..
1::C:
co.Q
a.c:
10::>
.c( )
-.c
-c-
c:õ
co
'<t.c
--
:;¡:Õ
(/)1/)
co
~ ~~
:;¡:~õ
'-
'Q5
.c
I/)
co
-cco
C:( )( ).c
co ..J u .
. co ( ) ( )
-Èi 'c "C "C
c:'- - 0
_C>( )'-
..!:: "C 53
( » 0..1<:
-c-2u
eo( )UJ
C:( )..I<:c:
( )rouc:
13ëñUJ«
UJUJ§( )
"C( )I/)( )
'S; .c .s; -e
co-coco
O,gocc
000641
û~3Ü"\\"¡1 ~
-
.s:::
0)
-v ï::
--0
3:ro
CIJe
-v=
-ro
Wa::::
Z U
Q)I;::
.s::: .-
_U
_ ro
00.
t:c:
ro.Q
o.c:
10::>
.s::: Q)
-.s:::
-0-
c:-
ro 0
~£
3:~
CIJII)ro
.£:::! ~ ==
3: ~Õ
.!2 JB
.5 ro
->E> Q)
-0.- <.9
c:> ">
--Q);>
"O-oQ)
:êQ)e-a
ro-c:c:
Q)~Q)«
<.9J'jt5c:
Q)Q)W.s:::
-o.s:::c:O
e - 0"""')
C:OII)-o
Q) - ,- c: -0
~ .= 1ô ro c:
WUQ)CI-oro
.s::: Q) .D
Q) II) Q) II) II)
.!!2 ro § ~ È
¡ß-orou....
Clæ~.g~
-
.s:::
0)
"'¢ 1:::
--0
3:ro
CIJO
....
-v=
ùJro
Za::::
U
Q)I;::
:Ei'õ
_ro
00.
t: c:
ro.Q
o.c:
10::>
.s:::Q)
-.s:::
-0-
C:õ
ro
~£
3:~
CIJII)
O)ro
~c:==
3: ~õ
....
'W
.s:::
II)
"C"gro
Q)ro-oc:
'E Q) c: ro ro
ro-roQ)Q)
Eo .-'u
lI»roQ)
ro .... -0 .- -0
Q)C:C: "
<û.s::: -:. 'ë>.g
-0 c: >0,- 0
o '- t: ~
~0)Q)15~
Q)~ §-Q)~
~uro"""""u
W Q) o.~w
-OQ)II)
"""')c:1Ow§
c:ro....Q)1I)
== E ro .s::: '>
ro 0 0._ ro
CI==~.9C1
'3»00642
o
N
N
0>
<0
<0
<0
N
('/')
<0
3:
LO
T""
T""
Z
T""
N
<0
('/')
T""
T""
o
N
-.
-v
T""
-.
OJ
<0
o
o
~
T""
-.
OJ
c:" :2 0
o_ro-;:c:
¿ II) 0 (1).- 0
O....Q) "Q)II)
II)Q)_-O.s:::c:
....o.roQ)c::ö
Q)Q)ë;¡lI)roo
0._ W ro tV
Q) 0) Q) 0).....
OJ ,f; Q) 15 .f; Q)
c: II) .s::: -0 Q)'¡:::
.- ro ...... .D ro
1I)..9¿c:::2:
~§~S¡S¡:2
§ ~·w.!:.!:Jj
II) ,- .s::: .D .D
c:.DII)00-
,- 0 ro a:::: a:::: 0
.ga::::-oc:c:.$-o
a::::Ec:Q)Q)~~
Q)SZrommll)ro
II) -> è:' è:'w Q)
1I)-o-ororoQ)u
~æ£<.9<.9£.g
cj
c:
....
Q)
c:
Q)
N
o
N
T-
OO
T-
O)
000643
N
0)
0)
T-
CD
( ) en
,¡:;( )ro
.....,¡:;c:
Õ;;::~
t:0g~
ro,¡:;~.....
a.t: ° °
"Oen-
c:c:-¡¡¡..c:
ro-g -ï:::::
""" -" -
-roro"
~.aero
enïij= e
;:!;en~'Có
w~( )a::
Zc:c:u
( )ro:.J!E
..c:en_u
-( )'-ro
õ=~a.
t:..c:enc:
ro·!:? c:.Q
a...c: ° c:
- ~ 0>:J
ro N ~ ( )
t=ùJO£
"""
ùJ
en
~
L()
T-
T-
~
L()
T-
T-
~
Z Z
T- T-
N N
""" CD
(") N
,...
0
0
~
0
~
"""
CD
0
0
N
-
T-
~
"""
-
:ë
.-
.c
><
W
....
o
"
c
W
'-
Æ
~
ü
'-
( )
.....
-¡¡¡
~
u
c:
'-
( )
c:
( )
N