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APPROViEf)
Dolar Energy, L 7 L . C. IJUI j j :7ßß'¡
935 E. South Unlon Ave, D-2-0'2
Midvale, Utah ·84047
Being the Owner of 100% percent Leasehold
(1ype òf Inœrest Leaseho1d/OperaIlng RIghls/OverridJng Royalty)
interest in this lease, described in particuJar if lèss than the total leasehold as: .
TOwnship 23 North, Range 116 West, 6th PM, Lincoln County, Wyoming
Tract 65 (formerly All Section 35)
Effective 11~6
Form ML-2 .
(Revised 4-96)
Filing Fee - $25.00 - Non-Refundable
. STATE OFWYOIIUNG
. BOARD OF LA$ COMMISSIONERS
OIL & GAS LEASE ~NTERE8T AsSIGNMENT
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Wyoming Oil & Gas Lease Serial Number 06 - 00 512 Assíg+entÁÞ~roval Dale-.
A$IGNOR, with name and address at:·
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Retúm To-
Sfale Lands &: Invesbltenls
12tWest 25th Slreet
HerschIer Bußdlng, 3 West
aieyenne. WY 82002-0600
For good and valuable consideration, hereby assigns to: ..uA.uuuuu....ujuu~.u~~~.....~uu..u.ui...u...~~uiU.u....u..u.uuu.
1) ASSIGNEE,withnameandaddressal: Fi tzsimmons,. L;LC
2201 Cabin Court
Gillette" )~y. 8'2718
1 0 0 percent interest in the total1easehold, or as described hi parti~ above.
2) ASSIGNEE, with name and address al:
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pe¡œnt Interest In the total leasehold, or as described in particular above.
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3) ASSlGNEE,.withname and address at:
pen:ent Interest In the total leasehold, or as described In particulat above.
4) ASSIGNEE, with name and address al:
percenllnterest In the total leasehold. or as described in particular above.
5) ASSIGNEE, with name and address at:
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percenlInlereslIn the total leasehold. or as described In particular above.
andreservingW1loASSlGNOR: 2'.08333% of 8/8ths overriddinq royalty
ThIs assignment Is aabject 10 any exlstløg ovmidfng royallies previously reserved. Reservations of ovenidlng luIerests mast be approved by lite
Director, and any auch approval Is sabed to lite coodilioo IItat overrldlas royalties may be caacel1ed by !he Board ofLand Coaualssfoaen If Jt
1Jnds that aoch ovenidlDg royallies aeate a burden on the lease which prevents or uareasonably Inteáeres with Its developm~L
ASSIGNOR œrtIßes by signature on revelSe, that ASSIGNOR Is the owner of the laterat abov!! herein transferred, and ASSIGNEE(S)
certlfy(les) by eIgaIag on the nverse that this assignment conslitutes a binding accepfance of an the !eons, condltlollS, .tipalalions, nstrlclloJlS and
statutes govemlag the lease described above. and of the Rales of the Board, at Clapter 6, Leasing of SabslUface Resoan:es.
This form may be dupliœled.
If spaŒ i, neelkd for IIdditionlllllssignors or IIssignees submit œpies of this form only.
Page
oJ_of Lease #
assignment dated
,"
. . " ~- .... . ... "ï'
001)07:1
SIGNED AS TO TRANSFER AND ACCEPTANCE this ~ day ~u/ . 20~.
L.L.C.
By-
Title-
State of Utah )
) ss.
County of Salt Lake )
ACKNOWLEDGMENT
On this 27th day of March 2007 before me, the undersigned, a Notary Public, in and for said County and State personally appeared Mark S. Dolar,
Managing MemberofDolar Energy, L.L.C., to me personally known to be the identical person who executed the within and foregoing instrument in writing
and acknowledged to me that he executed the same as his free and voluntary act and deed for the use and purpose herein set forth.
IN WITNESS WHEREOF; I have hereunto set me hand and affixed my notarial seal the day and year last above written.
My commission expires: 0/- ð$'-O 8"
Notary Public
KATHLEEN M VAN WART
8174 South 2660 East
Sandy, UT 84093
My Commission Expires
January 5, 2008
State of Utah
Note: n n v a rove t Ired r ñ State nds d n !me sri ase
Terms. and apDrOValls solely for adminIstrative purooses and should not be Interpreted as walTSn~ that an~ P~ :0 ~hls ~~ent
holds Iet!"al or eoultable Interest In this lease. Asslsmments which do not meet the reauirements Ii ted below d hose In the Lease
and Rules will be returned unapproved.
NotaryPUbIiC~m, td..~
Residing in Sandy Utah
AsSIGNMENT REOUlREMENTS
1) This form must be completed and submitted for any assignment of State Oil &: Gas Lease leasehold interest, undivided or ~vlded
as to separate tracts, formations, zones or deposits, and for overriding royalty Interest.
2) Assignments of leas than a 100"/. leasehold Interest, do not relieve the assignor ol the obligations as a lessee under the terms ol the
lease regarding the Interest conveyed unless the State lint has in hand, a written agreement to be bound as lessee for all obligations
under the lease for the assigned portion lrom the assignee. This requiren\ent should not be construed in any way as a release or
recision of the obligations ol any surety bonding parties under the requirements of the State oil and gas lease, Board Rules or this
assignment. (All lessees are ultimately responsible for t1ui perlormanœ under the lease, and delault subjects the entire lease to
forlelture not just the Interest related to any perlormanœ obligation considered to be In delault.)
3) A signed original and one copy of each assignment must be filed with the Wyoming State Lands and Investments.
!I) Each assignment, Happroved, Is recognfzed by the State as ellective as ol the date ol approval by the Director. Adequate bond must
be fumfshed covering any and all productive zones prior to approval ol any assignment ol Interest In an operating State on and gas
lease, whether wellbores exist on the leased lands or not, and In no case can driUing operations, Including to prospectively
productive zones under operating leases, begin without a bond first being In place.
5) If there Is more than one party In Interest to this assl$ftIMnt, then all such parties In Interest must sIgn the document belore
assignment approval wUl be given.
6) The appropriate legal description ol the couveyed lands Interests must be given.
7) Assignments creating a separate (reissue) lease subject to the rules and regulations governing all State of Wyoming Oil &: Gas Lease
do not change the terms and conditions ol the odglnallease, the lease annlvenary date, nor the obligations and annivelBSl)' date ol
the lease created there from being considered as illl had been issued on the ellectlve date ol the ·originallease. (See Board Rules,
Chapter 6, Section A.)
8) Corporations, llmfted liability companies, and limited partnerships must be qualUied with the Wyoming Secretary ol State's Olfiœ,
and general partnership papers are required to be lfIed with the State Lands and Investments prior to, and as a condition ol Board
approval ol any assignment.
9) Assignments will nol be consIdered lor approval where assignor or any assignee currently has a delinquent (late) royalty or
rental payment obligation(s) lor any State subsurlace resource lease.