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Home My WebLink About873807 r- Effective 11-86 Form ML-2 (Revised 4-96) Filing Fee - $25.00 - Non Refundable STATE OF WYOMING BOARD OF LAND COMMISSIONERS OIL & GAS LEASE INTEREST ASSIGNMENT Return To - State Land & Farm Loan Office 122 West 25th Street Herschler ~uilding. 3 West Cheyenne, W( 82002-0600 Wyoming Oil &; Gas Lease Serial Number 97-00377 Assignment Approval Date _ ASSIGNOR, withlÌame and address at, The Wolf Haven Corporation P.O. Box 2480 Cheyenne, WY 82003 being the owner of 100.00 percent leasehold/operating rights (Type Interest: Leasehold/Operating Rights/Overriding Royalty) interest in this lease, described in particular if less than the total leasehold as: TownshiD 23 North. Rance 114 West. 6th P.M. Section 05: SE1/4NW1/4, NE1/4SW1/4 Containing 80.00 acres, more or less Lincoln County, Wyoming For good and valuable consideration, hereby assigns to:*******************************************"******* 1) ASSIGNEE, with name and address at: Tom Brown, Inc, 555-17th Street, Suite 1850 Denver, CO 80202-3918 100.00 percent interest in the total leasehold, or as described in particular ab.ove. 2) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. 3) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. 4) ASSIGNEE, with name and address at: ,. percent interest in the total leasehold, or as described in particular above. 5) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. And reserving unto ASSIGNOR, * * SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF This assignment is subject to any existing overriding royalties previously reserved, Reservations of overriding interests must be approved by the Director, and any such approval is subject to 'the condition that overriding royalties may be cancelled by the Board of Land Commissioners if it finds that such overriding royalties create a burden on the lease which prevents or unreasonably interferes with its development. ASSIGNOR certifies by signature on reverse, that ASSIGNOR is the owner of the interest above herein transferred, and ASSIGNEE(S) certify(ies) by signing on the reverse that this assignment constitutes a binding acceptance of all the terms, conditions, stipulations, restrictions and statutes governing the lease described above, anp of the Rules of the Board, at Chapter 6, Leasing of Subsurface Resources. This form may be duplicated. If space is needed for additional assignors or assignees submit copies of this form only. Page 1 of 1 of Lease #97-00377 assignment dated April 23, 2001 i."'6"~" .. 'ì îì ç:¡ BOOK_-t ____·~PR PAGE.___.~!._~' 0 ~'.":C:':'~ j .,/ " L 1 r··,] C:: C) L, ~', ''') \..,1 ;', ~ or \( C; L L ¡~ \ ~,< .,~ "'i ~,,'~ t." f\ ,.J ¡¡ ,..I 'U ,,) n Uj ;,'" ~ t ~ r " C" u:¡ ¡ ,.;' I i ~ " ~,. I '.) - - , ,',.... ·r! d " i_. 1\: c, (. ì ¡,;.~; ~ 8) Corporations, limited liability companies, and limited partnerships must be qualified with the Wyoming Secretary of State's Office, and general partnership papers are required to be filed with the State Land and Farm Loan Office prior to, and as a condition of Board approval of any assignment. 9) Assignments will not be considered for approval where assignor or any assignee currently has a delinquent (late) royalty or rental payment obligation(s) for any State subsurface resource lease, 5) If there is more than one party in interest to this assignment, then all sucry parties in interest must sign the document before assignment approval will be given. 6) The appropriate legal description of the conveyed 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 of the original lease, the lease anniversary date, nor the obligations and anniversary date of the lease created therefrom being considered as if it had been issued on the effective date of the original lease. (See Board Rules, Chapter 6, Section A.) 4) Each assignment, if approved, is recognized by the State as effective as of the date of approval by the Director. Adequate bond must be furnished covering any and all productive zones prior to approval of any assignment of interest in an operating State oil and gas lease, whether wellbores exist on the leased lands or not, and in no case can drilling operations, including to prospectively productive zones under operating leases, begin without a bond first being in place. 1) This form must be completed and submitted for any assignment of State Oil & Gas Lease leasehold interest, undivided or divided as to separate tracts, formations, zones or deposits, and for overriding .royalty interest. 2) Assignments of less than a 100% leasehold interest, do not relieve the assignor of the obligations as a lessee under the terms of the lease regarding the interest conveyed unless the State first has in hand, a written agreement to be bound as lessee for.all obligations under the lease for the assigned portion from the assignee. This requirement should not be construed in any way as a release or recision of the obligations of 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 the performance under the lease, and default subjects the entire lease to forfeiture not just the interest related to any performance obligation considered to be in default.) 3) A signed original and one copy of each assignment must be filed with the Wyoming State Land and Farm Loan Office. Note: Assignments are not valid until approved by the Director. State Land and Farm Loan Office as per State Oil & Gas Lease Terms. and approval is solely for administrative purposes and should not be interpreted as warrantv that any party to this assignment holds legal or eauitable interest in this lease. Assignments which do not meet the reauirements listed below and those in the Lease and Rule~ will be returned unapproved. Assignment Reauirements Address: Cheyenne, Wyoming My Commission Expires: On this 23rd day of April, A.D. 2001, before me personally appeared MARC RANDAL STRAHN, President of The Wolf Haven Corporation, to me personally known, who, being by me duly sworn, did say that he is the President of The Wolf Haven Corporation and that the seal affixed to said instrument is the corporate seal of said corporation and that said instrument was signed and sealed on behalf of said corporation by authority of its Board of Directors, and said President acknowledged said instrument to be the free act and deed of said corporation. Witn~~~Ú~~LU¡~Dd an~L!i~~~JI;\[It ~,3rd day of April, A.D. 2001. <'''i~ ',. STATE OF WYOMING MY COMMISSiON E"i';IflES MAR. 19, 2003 . . ~ ·~M;;~:;·.J":-:'~~~"~~~~ - - ~ - - . COUNTY OF LARAMIE SS. STATE OF WYOMING COUNTY OF LARAMIE _)0 d l J Attest - \ I. H 1I11J~i .' Co;:> :>.'./, ...." ¡~,.... '.. ....., ;;,;.. ~, ..;,--<.;.. ........ . ¡./.." ~.. t::-U' ......' ~.~ .. >, '1 V· '''-'. 1"1 . ì;, ,',I: t -,', f' _.,;" .':' it..,,):. .' ..: .. . .>. . r - : LàJl.<r"'~- _.'_ Preslden_ .~ "<Y¢'()ó\:\\.iJ. .;,' :... .... < ,~_. W"..., ..-- t\(~ #',., .......... \. 1.1~... , ',' ': "', . . . \\\\' "qp,,." - ~ U~373~O~7 EXHIBIT "A" 310 Attached to and made a part of that certain Oil and Gas Lease Interest Assignment dated April 23, 2001, by and between The Wolf Haven Corporation, as Assignor, and Tom Brown, Inc., as Assignee. * * It is the intent of this assignment that The Wolf Haven Corporation will deliver unto Tom Brown, Inc. an 82.50% net revenue interest in this lease, retaining an overriding royalty interest equal to the difference between 17.50% and all presently existing and outstanding lease burdens which shall include lessor's royalty and all overriding royalties or similar interests burdening the leasehold. Subject to the terms and conditions of that certain Letter Agreement dated April 20, 2001, by and between The Wolf Haven Corporation and Tom Brown, Inc. Sig ned., fo~ 1~,\H~tt~8~: "J\' ..... 0"", '" .> ~; .. ~. J/f~~ ,,~ Th~A~oJf'Haven Car:po£a.Jion . ...-.1 . ~? g nAr.!' . ")1 '" ~ '.!'\J~\ ~~'~").'~ .. ~ .. ~ . ., , ~ J . _ Marc:~n. ~:..p~i ., .. ...'to.... . .".. ,.0; No Att~st 'Réq.uI(~d0,," '.. \: ~Il \ \ \ \ \ \, ~ \ ~,)' ".' . I " j I, .,'to'" 1- Tom Brown, Inc. ," . I.::. .... . "~;~ ...~ .... ':" :'::' ......_'-.k2 . //;':/ /,~,\.' . ~ >-. ~ " ~~ Rodn~y ~~~~.~ .~ ¡ 0 1) Vice Presiden - L nd .', '. ;;t. ,_ ,..; Attest ' '.\ \.~ ,,)..;: - - ,. ... ,I,',"" -