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HomeMy WebLinkAbout936218 Effective 11-86 Form ML-2 Office (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 Wyoming Oil & Gas Lease Serial Number 96-00206 000735 Assignment Approval tlRPFiO leT s 0 l/~D IDOl 122 West 25th Street Herschler Building, 3 West Cheyenne, WY 82002-0600 ASSIGNOR, with name and address at, Questar Exploration and Production Company 1050 17th Street, Suite 500 Denver, Colorado 80265 being the owners of 25% percent Leasehold (Type Interest: Leasehold/Operating Rights/Overriding Royalty) interest in this lease, described in particular if less than the total leasehold as: INSOFAR AND ONLY INSOFAR as such lease covers rights from the surface to the stratagraphic equivalent of 12,563' as found in the Chevron Ballerina #10-10 well located in the NW/4NW/4 Section 10 T21N-R113W, Lincoln County, Wyoming and INSOFAR AND ONLY INSOFAR as State of Wyoming Lease No. 96-00206 COVERS THAT PART OF Lot 44 (formerly NE/4NE/4 of Section \ 6 - T21 N -R113W) whcih is included within the W/2 ~ Section 10- T21 N-R 113W, being 7.22 gross acres, more or less. For good and valuable consideration, hereby assigns to:************************************************************************************ 1) ASSIGNEE, with name and address at: l I CABOT OIL & GAS CORPORATION 600 17th Street, Suite 900N Denver, Colorado 80202--9%1 5't"D &f 2) ASSIGNEE, with name and address at: CHEVRON U.S.A. INC. P. O. Box 36366 Houston, Texas 77236-9961 66.66667% percent interest in the total leasehold, or as described in particular above. RECEIVED 1/14/2008 at 12:19 PM RECEIVING # 936218 BOOK: 683 PAGE: 735 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ../ ICo 33.33333% 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: those riqhts not assiqned hereunder. 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 loyalties 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, and 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 ~ of-L of Lease # 96-00206 assignment dated effective December 20. 2006 SIGNED AS TO TRANSFER AND ACCEPTANCE this 20th day of April 2007. ASSIGNOR - Questar Exploration and Production Company ASSIGNOR - 000736 By: By - Title - Executive Vice President Title- Attest - Attest - Assignee (1) - Cabot Oil & Gas Corporation Assignee (2) - Chevron U.S.A. Inc. By- ~ !E ~. Sb~\nAÞtt 6:atr·~ fZ. . MAl tltAnA. cf' A'tt1 . th' t=a-æ By - t. L. $ f.,E,G-p€IL Title - Title Attest - Attest - Assignee (4) - Assignee (5) - By - By - Title - Title - Attest - Attest - ASSIGNMENT REQUIREMENTS Note: Assianments 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 warranty that any party to this assignment holds leaal or eauitable interest in this lease. Assianments which do not meet the reauirements listed below and those in the Lease and Rules will be returned unapproved. 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. 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. 5) If there is more than one party in interest to this assignment, then all such parties in interest must sign the document before assignment approvai 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.) 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. CORPORATE ACKNOWLEDGEMENT 000737 STATE OF COLORADO ) ) ss. COUNTY OF DENVER ) ::8.-ç\ The foregoing instrument was acknowledged before me this ~ day of April, 2007, by J. B. Neese, Executive Vice President of Questar Exploration and Production Company, a Texas corporation, on behalf of said corporation. WITNESS my hand and seal. ~G~ Notary Public My Commission Expires: ., f-do, CORPORATE ACKNOWLEDGEMENT 000738· STATE OF COLORADO COUN1Y OF ])eJ1 lie-I' § § This instrument was acknowledged before me on A w. j I.c. J t- ;¿ Þ l ;l.. ø 07 , by 'PJ,,'J},.p L. ¡}-..../J-t ...Jc/!'Þ" , 1r~J' M,,. ., 4-tt.a'l'lr,,- /1,- F4C_t- for Cabot Oil & Gas Corporation, a 1>e.I ~ .... "'... e.. corporation, on behalf of said corporation. Wit JHRYN B. FLAGER NOTARY PUBLIC STATE OF COLORADO My Commission Explre.11/1212OO1 My Commission Expires: ~ ¿. .;:.~ Notary P lie, State of Colorado CORPORATE ACKNOWLEDGEMENT STATE OF TEXAS COUN1Y OF HARRIS § § This instrument was acknowledged before me on A LtGu..s -r cQ 7- I ;:J ðO-:::¡' , by ~. L. ~LË~Pè:.R ATT(")!'? UË'{ - t \\. ~ - f='"A c:í for Chevron U.S.A. Inc., a Pennsylvania corporation, on behalf of said corporation. Witness my hand and seal. ~~-~- My Commission Expires: ,n"''', ':'~~W~';~'!I. TONA R, CLAYTON·SARNIAK i",' ...., Notary Public, St6te of Texas \1.. ..=.., My Commission Expires -""-;;';J ~"'~ '",f,¡,;,!,\~\\~ September 12, 2010