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HomeMy WebLinkAbout930873 1/ n illI ";';bU ASSIGNMENT OF OVERRIDING ROYALTY INTERESTS KNOW All Men by these presents that the undersigned, Robert E. McDonald, P.O. Box 1132, Pismo Beach, CA 93448-1132 and R. E. McDonald & Co, P.O. Box 711757, Salt Lake City, Utah 84117 (hereinafter referred to as ASSIGNOR) for and in consideration of the sum ofTen Dollars ($]0.00) and other good and valuable considerations, the receipt and sufficiency of which is hereby confessed and acknowledged, does hereby convey, transfer, assign and set over unto Bob McDonald Investments, LLC, P.O. Box 1887, Salt Lake City, UT 84110 (hereinafter referred to as ASSIGNEE), All of ASSIGNOR'S right, title and interest in and to the Overriding Royalty Interest on all of the oil, gas, casinghead gas, and other hydrocarbon substances that may be produced, saved, and marketed on the leases listed on EXHIBIT "A", attached hereto, and by this reference, made a part hereof. Said Overriding Roya]ty to be free and clear of all cost and expense of development and operation. TO have and to hold the interest herein transferred and assigned unto ASSIGNEE, their heirs, devisees, personal representatives, successors and assigns, forever, subject only to the following terms and provisions: that A. The Overriding Roya]ty interest herein transferred is payable out of and only out of ~ the oil and gas produced, saved and marketed, pursuant to the terms and provisions of D::: w the oil and gas leases listed on EXHIBIT "A". D::: ~ w B. The Overriding Royalty interest herein provided for shall not, in any event, be paid or ~ 0 ~ N MCDD::: ::E c:"! NW W accrued upon any oil, gas casinghead gas, and other hydrocarbon substances used for ..- .......z ~ ..- oow(9 - 0(9 '::i operating, development, or production purposes upon the above described lands or C'O M~~ D::: ,.... e»Q.. W 0 w...J unavoidably lost, and no Overriding Roya]ty shall be paid upon gas used for 0 ~=It: Z t) ......(9 zç repressuring or recycling operations or pressure maintenance operations benefiting ,.... z ~ ~ z 05 CD.:J said lands. Ww CD 0 ~t)~ t) C. This assignment of Overriding Royalty is made without warranty of title, either WwO Z UD:::o ...J W a::J 0 expressed or implied. t) 0:: z D. This assignment is to be effective as of January 31, 2007 :J In Witness Whereof, ASSIGNOR has executed and delivered this assignment of Overriding Roya]ty Interest as of this 220d Day of June ,2007 Robert E. McDonald v.;::, ·..,)\,H:'~f Ii' ..1 000261 State of Utah ) : ss County of Salt Lake ) Before Me, the undersigned, a Notary Public, in and for said County and State, on this 22nd day of June, 2007, personally appeared, Robert E. McDonald, to me known to be the identical person described in and who executed the within and foregoing instrument of writing and acknowledged to me that he duly executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. IN Witness Whereof, I have hereunto set my hand and affixed my notarial seal the day and year last above written. ~ft Notary Public ~ My Commission Expires: S-~'¡.)o/O I I .. ~OTARY PllßLlC ALICE K. KEARNEY 675 E, 500 S.. SulJe 50P Salt Lake City, Utah 84102 My COlTlmi,sJon Expires May 25,2010 " STATE OF UTÀH State of Utah ) : ss County of Salt Lake ) Before Me, the undersigned, a Notary Public, in and for said County and State, on this 22nd day of June, 2007, personally appeared, Robert E. McDonald as President of R. E. McDonald & Co, to me known to be the identical person described in and who executed the within and foregoing instrument of writing and acknowledged to me that he duly executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. IN Witness Whereof, I have hereunto set my hand and affixed my notarial seal the day and year last above written. Notary Public My Commission Expires: d~~OfO f I - -.. -_. -_..-.._-.. :'IOTAR\ Pl HLlC ALICE K. KEARNEY 675 E, 500 S., Sulle 500 Salt Lake Cìty, Ut.ah 84102 My Commission Expires May 25, 2010 " STATE OF UT-AH O~j30873 Attached Exhibit "A" (', 0 'f'\~ .. :··~¡¡...",62 This exhibit is attached and made a part of the assignment, dated June 22, 2007, between Robert E. McDonald, R.E. McDonald & Co., and Bob McDonald Investments, LLC Lincoln County Wyominl!: Lease Serial Number Descrivtion Acreage Lease Date WYW-0312801 T. 24 N., R. 118 W., 6th PM Sec. 14: NY2NY2; Sec. 15: NY2NEy..,NEy..NWy..; 280.00 12-1-1964 WYW-34540 T. 18 N., R. 119 W., 6th PM Sec. 2: All; (Uinta County) Sec. 4; All; (Uinta County) Sec. 5: All; (Uinta County) Sec. 34: All; 2,562.04 8-1-1972 WYW-34544 T. 19 N., R. 119 W., 6th PM 2,466.11 Sec. 6: All; Sec. 7: Lots 5-7,EY2WY2,NEy..,WY2SEy..; Sec. 17: SY2NY2,SEy..; Sec. 18: Lots 5-8,SY2NEy..,EY2WY2,SEy..; Sec. 19: Lots 5-8,NEy..NEy..,EY2WY2; Sec. 20: EY2SWy..,SWy..SWy..; 8-1-1972 WYW-34546 T. 19 N., R. 119 W., 6th PM 2,000.00 Sec. 20: EY2; Sec. 23: WY2NEy..,NWy..,WY2SWy..; Sec. 27: WY2NEy..,NWy..,WY2SWy..; Sec. 28: All; Sec. 33: WY2,NY2NEy..; 8-1-1972 WYW-34547 T. 19 N., R. 119 W., 6th PM 2,495.48 Sec. 29: EY2,NY2NWy..,SWy..NWy..,SWy..; Sec. 30: All; Sec. 31: All; Sec. 32: All; 8-1-1972