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HomeMy WebLinkAbout935968 RECEIVED 1/2/2008 at 3:33 PM RECEIVING # 935968 BOOK: 682 PAGE: 699 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY .060.699 TillS WELLBORE ASSIGNMENT (the "Assignment"), dated effective 12:01 a.m. local time November 18, 2005 (the "Effective Time"), is from BP America Production Company, a Delaware corporation, whose mailing address is P.O. Box 3092, Houston, Texas 77253-3092 ("Assignor") to EOG Resources, Inc., a Delaware corporation, whose address is 600 Seventeenth Street, Suite 1000N, Denver, Colorado 80202 ("Assignee"). WELLBORE ASSIGNMENT For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor hereby sells, assigns, transfers, grants, bargains, and conveys to Assignee the real and personal property interests described below, located in Lincoln County, Wyoming (the "WeIlbore Interests"): 1. Seventy percent (70%) of Assignor's right, title and interest in and to the wellbore for the Cow Creek 10-34E Well, located in the SWNW of Section 34, T22N, Rl12W, 6th P.M., Lincoln County, Wyoming, at a surface location 1478 feet from the North line, and 507 feet from the West line of said Section 34, and all associated equipment and personal property (the "WeIlbore"), together with such interest of the Assignor derived from the oil and gas leases described on Exhibit A hereto (the "Leases"), insofar and only insofar as the Leases cover the lands described on Exhibit A (the "Lands") under the Cow Hollow Unit Frontier Formation Consolidated Participating Area "ABCDF" and the Unit Operating Agreement for the Cow Hollow Unit, No.WYWw109472X, from the surface of the Earth to 100 feet below the base of the Frontier formation, defined as the base of the coarsening upward sequence as depicted by well log gamma ray curve occurring at a measured depth of 11,807 measured depth feet in the BP America Production Company CHAMPLIN 186 I #2 (API No. 4904120840), located in Section 13, T18N, Rl13W, Uinta County, Wyoming (the "Assigned Depths"), as is necessary to vest in Assignee ownership of 70% of Assignor's right, title and interest in the Wellbore and the production therefrom, limited to the Assigned Depths, including specifically the interest that is attributable to Assignor in the Wellbore as may be derived from the Cow Hollow Unit Frontier Formation Consolidated Participating Area "ABCDF" and the Unit Operating Agreement for the Cow Hollow Unit. 2. Rights in and to all existing and effective unitization, pooling and communitization agreements, and other contracts, agreements and instruments to the extent only that they relate to or affect the Wellbore Interests. 3. Concurrent rights of ingress and egress to the Lands, and in and to surface use agreements, rights-of-way, easements, surface leases and other surface rights held by Assignor in connection with ownership or operation of the Leases and Lands. TO HAVE AND TO HOLD the Wellbore Interests unto Assignee and its successors and assigns forever. This Assignment is made and accepted expressly subject to the following terms and conditions: A. THIS ASSIGNMENT IS MADE WITHOUT WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY EXCEPT THAT ASSIGNOR WARRANTS THAT TITLE TO THE WELLBORE INTERESTS IS FREE AND CLEAR OF ANY 1 000700 LIENS AND ENCUMBRANCES CREATED BY, THROUGH OR UNDER ASSIGNOR WITH THE EXCEPTION OF ROYALTY, OVERRIDING ROYALTY AND OTHER BURDENS ON PRODUCTION OF RECORD ON JULY 31, 2003. B. This Assignment is subject to the terms and provisions of the BP-EOG Moxa Arch Farmout Agreement dated July 31, 2003, between Assignor and Assignee (the "Farmout Agreement"). If there is a conflict between the terms of this Assignment and the Farmout Agreement, the terms of the Farmout Agreement shall control and not be deemed to have merged into the terms of this Assignment. C. This Assignment is subject to the terms, provisions and covenants of the Leases, all Lease burdens of record on July 31, 2003, all existing and effective pooling, communitization and unitization agreements and all other contracts, agreements and instruments related to the Wellbore mterests to the extent the same are of record on July 31, 2003 or identified in the Farmout Agreement. D. Assignee agrees to perform all obligations, express or implied, of Assignor under the Leases insofar as such obligations are applicable to the Wellbore mterests. E. To the extent permitted by law, Assignee shall be subrogated to Assignor's rights, to the extent of the Wellbore mterests, in and to representations, warranties and covenants given with respect to the Leases. Assignor grants and transfers to Assignee, its successors and assigns, to the extent so transferable and permitted by law, the benefit of and the right to enforce the covenants, representations and warranties, if any, which Assignor is entitled to enforce with respect to the Leases, but only to the extent not enforced by Assignor. F. The references herein to liens, encumbrances, burdens, defects and other matters shall not be deemed to ratify or create any rights in third parties or merge with, modify or limit the rights of Assignor or Assignee as between themselves, as set forth in the Farmout Agreement. G. Unless provided otl1erwise, all recording references in Exhibit A hereto are to the official real property records of the county in which the Lands are located. H. Separate governmental forms of assignment of the Wellbore Interests may be executed on officially approved forms by Assignor to Assignee, in sufficient counterparts to satisfy applicable statutory and regulatory requirements. Those assignments shall be deemed to contain all of the exceptions, reservations, warranties, rights, titles, power and privileges set forth herein as fully as though they were set forth in each such assignment. The interests conveyed by such separate assignments are the same, and not in addition to, the Wellbore mterests conveyed herein. I. This Assignment binds and inures to the benefit of Assignor and Assignee and their respective successors and assigns. J. This Assignment may be executed in counterparts, each of which shall be deemed to be an original instrument, but all of which together shall constitute but one instrument. 2 '000701 EXECUTED on the dates contained in the acknowledgments of this Assignment, to be effective for all purposes as of the Effective Time. ASSIGNOR: BP AMERICA PRODUCTION COMPANY C~ trO-1 ,INC. --., 3 Acknowledaements STATE OF TEXAS ) ) 55. COUNTY OF HARRIS ) 000702 The foregoing instrument was acknowledged before me this ~ day of May, 2007 by Jeanine Haller Piskurich, as Attorney in Fact for BP America Production Company, a Delaware corporation. Witness my hand and official seal. My commission expires: 4"'1, Þl"DLÙ l'P.~··"~f~\ CHARLES T. DAVIS, JR. r¡ t¡ MY OOMMISSION EXPIRES "~'ò\""'" April 19, 2010 "¡¡"rltt" fffi- Jij-t STATE OF COLORADO ) ) ss. CITY AND COUNTY OF DENVER ) -ih Sep+embq, The foregoing instrument was acknowledged before me this 2¿ day of.-Maý;'" 'ðLhl 2007 by J. Michael Schween, as Agent and Attorney in Fact of EOG Resources, Inc., a Delaware corporation. . r:. L(Yl, Witness my hand and official seal. My commission expires: (') I /10 / ;;LO ,~ 4 EXHIBIT "A" ATTACHED TO AND MADE A PART OF THAT CERTAIN WELLBORE ASSIGNMENT BY AND BETWEEN BP AMERICA PRODUCTION COMPANY, AS ASSIGNOR, AND EOG RESOURCES, INC., AS ASSIGNEE "LANDS" Cow Creek 10-34E Drilling and Spacing Unit appoved by the Wyoming Oil & Gas Conservation Commission under Order 76-2002: Lincoln County. Township 22 North. Range 112 West Wyoming Section 34: NW 000703 Cow Hollow Unit Frontier Formation Consolidated Participatine: Area" ABCDF" Lands: Lincoln County. Township 22 North. Range III West Wyoming: Section 3 0: Lot 8 Section 31: Lots 1, 2 Township 22 North. Range 112 West Section 2: Lots 5-8, S2NW, SWNE, SW, W2SE Section 10: E2, SENW, N2SW, SESW Section 11: W2, W2NE, SESE Section 14: N2, N2SW, NWSE, SWSW Section 15: NE, SENW, SE, NESW, SESW Section 21: SESE Section 22: All Section 23: NWSW, SESE Section 24: S2SW, SWSE Section 25: W2, W2NE Section 26: E2NE, SWNE, SW, SE Section 27: All Section 28: E2NE, NESE Section 34: NENW Section 35: NE, NW, SE Section 36: N2, SW, W2SE, NESE Township 23 North. 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