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HomeMy WebLinkAbout937887 WHEN RECORDED RETURN TO: J. Matthew Snow Lear & Lear, L.L.P. 808 East South Temple Salt Lake City, Utah 84102 RECEIVED 3/28/2008 at 11 :42 AM RECEIVING # 937887 BOOK: 690 PAGE: 648 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER. WY 000648 .. ..... -.--,--.------- ------.----------..--------..---------------.------ ------.---------------------.------------..----..-----------.------ DECLARATION OF UNITIZATION Fortuna (US) L.P., a Delaware Limited Partnership, having an office at Suite 3400, 888 3rd St. S. W. Calgary, Alberta, T2P 5C5 ("Fortuna"), owns record interests in the leasehold estates created under the oil and gas leases (the "Leases") described on Exhibit "A." Each of the Leases contain provisions authorizing the original Lessee and Lessee's successors or assigns to pool, combine, or unitize the Lands covered by each of the Leases with other lands and leases for the purpose of creating a unit for the production of oil or gas. In Fortuna's judgment, the pooling, unitization, and combination of the Leases to form the Unit is both necessary and advisable to develop and produce oil and gas from the Unit. Therefore, in consideration of the premises and pursuant to and in accordance with the terms and provisions of the Leases, Fortuna pools, unitizes, and combines the Leases, including all renewals, extensions, ratifications, and amendments of the Leases and the lands (the "Lands") covered by those Leases and the mineral and/or royalty estates in the Lands subject to the Leases into a unit for the exploration, development, and production of oil, gas, and associated hydrocarbons (the "Unit"). The Unit shall be known as the Black Bear Canyon Unit, which contains 11,221.77 acres, more or less. For purpose of this Declaration and designation of the Black Bear Canyon Unit, reference is made to the Leases described in Exhibit "A," insofar as the Leases cover the Lands included in the Unit as further depicted in Exhibit "B." Both Exhibit "A" and Exhibit "B" are attached hereto and incoIporated herein by reference. This Declaration shall be effective December 21, 2007 (the date of Unit approval), and shall remain in force and effect for the life of the Unit. Fortuna expressly reserves the right, from time to time, to amend this Declaration in all respects, including its terms and provisions, and to change the size and area of and interest covered by the Unit. This Declaration is executed by Fortuna and filed of record in Lincoln County, Wyoming, for the purpose of exercising the pooling and unitization authority granted to the Lessee in the Leases, and giving notice of the Lands included in the Unit established by Fortuna. This Declaration may be terminated at any time by the Fortuna, or its successors or assigns, by filing a notice to that effect in Lincoln County, Wyoming. {00020 128.2} 000649 This Declaration shall be binding on the heirs, representatives, successors and assigns, as applicable, of Fortuna as well as the lessors in the Leases identified in Exhibit "A." This Declaration is signed by Fortuna as of the date of acknowledgment of below, but is effective for all purposes as of the effective date stated above. .. - .'.----.- -.-.--------------.----"------.-----------------------------------------------------.-----...------.-------------.'-.--"--.- FORTUNA (US) L.P. by its general partner FUSI GP Inc. ~ /' Scott Sobie, Senior Manager, Land ACKNOWLEDGMENT My Commission Expires: Œl: k p\()C.~, 1\.0 oÇ hQf ~~~vl1 Q~ EI~~\f PROVINCE OF ALBERTA ) ) :ss DOMINION OF CANAD^\ ) On this the~ f) day of ~, ,2008, before me, the undersigned personally appeared Bob Quartero and Scott Sobie, anä acknowledged themselves to be the Manager, Exploration and Senior Manager, Land respectively, ofFUSI GP INC, a corporation, and the general partner .of FORTUNA (US) L.P., and that they, being authorized so to do, executed the foregoj.ng. . '_ instrument for the purposes therein contained. : \.. \ ::. 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E 8 â.:E .~~ VJ¡;, ;:Jill ~Il.' ~.o ;;J. :J.õ~1--' "'.....JO If ~ .f- . . ~... . ··~····...J:.A~ : ·.gh~: a:~.w :I..<~· .- ..-..- -.--...- 000651 "__ ._._...___ ......_..__._..,. .... ..'. . _ _ _ _··.'_4 _ ou_'" _ .__n._ .... Ñ oò N Õ ~ o 8. Exhibit "B" to Declaration of Unitization 000652 _.....h.... _...._.... " . - -. Nore; I.ÍNLESII OTHE~SU")TEO HEREINT~éECTIONS ON THl8PLATCO!ITAlN 84Ø.OOACRU . Œi TRACT.NUMBER , .. ,'_1_ UNIT OUTLINE' 1/2 ,. ! . ,.,.,.,~,.,.,.,i . ,. . i i i i i .. - ¡ I~_ ",.,:~J=:~I.I';· EXHIBIT "A" BLACK BEAR CANYON UNIT AREA LINCOLN coUNTY. WYOMING -.... .. .,"'" ..' .- . FORTUNA (US) L.P. dALGAAY, AlBERTA CANAOÁ {00020128.2}