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000567
ASSIGNMENT OF OVERRIDING ROYALTY INTEREST
STATE OF WYOMING )
)
COUNTY OF LINCOLN )
RECEIVED 8/30/2007 at 12:59 PM
RECEIVING # 932640
BOOK: 670 PAGE: 567
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
For a valuable consideration in hand paid, the receipt and sufficiency of which are hereby
acknowledged, BRAZOS LIMITED PARTNERSHIP , whose address is P.O. Box 911,
Breckenridge, Texas 76424 (hereinafter referred to as "Assignor") does hereby GRANT, BARGAIN,
SELL ASSIGN, TRANSFER and CONVEY unto STATES ROYALTY LIMITED
PARTNERSHIP, whose address is P.O. Box 911 Breckenridge, Texas 76424 (hereinafter referred
to as "Assignee"), an overriding royalty interest equal to the difference between twenty percent (20%)
ofthe oil, gas and other minerals produced, saved and sold ftom the following-described land situated
in Lincoln County, Wyoming:
T·26-N. R-11l-W
Section 30: E/2 E/2
~
(hereinafter referred to as the "Assigned Premises"),
under the terms of Federal Oil and Gas Lease WYW-28883, dated June 1, 1971, recorded in Book
136, page 248 ofthe Official Public Records of Lincoln County, Wyoming, ftom the United States
of America, as Lessor, to Petroleum, Inc., as Lessee (hereinafter referred to as the "Lease"), and the
royalties, overriding royalties and other similar burdens on the interest in the Lease owned by
Assignor as ofthe effective date hereof. The overriding royalty interest assigned herein shall be ftee
of all development, production, marketing and operating expenses and charges of any other nature;
however, said interest shall bear and pay its share of gross production, severance and similar taxes.
In the event the interest owned by Assignor is less than the full and undivided interest in the Lease,
then the overriding royalty interest reserved herein shall be reduced proportionately to correspond
with the interest owned by Assignor in the Lease. In the event the Lease and the Assigned Premises
are pooled in whole or in part with other lands or leases to form one or more pooled units in
accordance with the authority granted in the Lease or otherwise, as to each unit so created, the
overriding royalty interest assigned herein shall be reduced in the proportion that the Assigned
Premises bears to the entire surface area of said pooled unit.
Notwithstanding anything hereinabove to the contrary, this Assignment of Overriding Royalty
Interest does not include any interest in production ftom the North Anderson Canyon No. 40-30 Well
and the North Anderson Canyon No. 20-30 Well, located on the Assigned Premises or land
communitized therewith, in which Assignor currently owns no interest, but shall apply to any
additional wells drilled on the Assigned Premises or land pooled or communitized therewith.
This assignment is executed without warranty of title, either express or implied.
the
Executed this
2nd day of
20th day of
June
August
,2007.
, 2007, effective for all purposes as of
BRAZOS LIMITED PARTNERSHIP
'LEASE RETURN TO;
~reck Operating Corp.
,t tn: Land Department
). O. Box 911
~reckenridge, TX 76424-0911
By: Breck Operating Corp., its General Partner
By: JohnH. c~.\~;eSlQ;- ~
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000568
STATE OF TEXAS )
)
COUNTY OF STEPHENS )
t) ) J4v
This instrument was acknowledged before me this ~ <try-of ~, 2007, by
John H. Connally, President of Breck Operating Corp., General Partn~s Limited
Partnership, a Texas limited partnership, on behalf of said limited partnership.
~~~~
Notary Public, State of Texas
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