HomeMy WebLinkAbout947744ASSIGNMENT OF OVERRIDING ROYALTY INTERESTS .0 320
KNOW ALL MEN BY THESE PRESENTS:
THAT, the undersigned DAVIS PETROLEUM CORP., a Delaware Corporation,
whose business address is 555 Seventeenth Street, Suite 1400, Denver, Colorado 80202,
hereinafter called "Assignor", for and in consideration of Ten Dollars ($10.00) and other
good and valuable consideration, receipt and sufficiency whereof is hereby
acknowledged, does hereby sell, assign, transfer, and set over unto the following
"Assignees", a total of 5.000000% Overriding Royalty Interest as set out below of all oil,
gas and casinghead gas produced, saved and marketed from the oil and gas leases listed
on Exhibit "A", located in Lincoln County, Wyoming, to-wit:
Russell A. Spencer and Holli S. Spencer
Joint Tenants, with Rights of Survivorship
7273 Lemon Gulch Way
Castle Rock, CO 80108
1.000000%
William F. von Drehle
4685 Balsam St.
Wheat Ridge, CO 80033
Mark A. Goldberg
8101 E. Dartmouth Ave., Unit 110
Denver, CO 80231
Gregg Davis
3653 Inverness
Houston, TX 77019
George F. Canjar
1360 Post Oak Blvd, Suite 2400
Houston, TX 77056
Davis Petroleum Corp.
555 17th St., Suite 1400
Denver, CO 80202
WEST WILLOW CREEK
1.000000%
0.250000%
0.250000%
0.250000%
2.250000%
RECEIVED 6/15/2009 at 11:06 AM
RECEIVING # 947744
BOOK: 725 PAGE: 320
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Assignment of Overriding Royalty Interests
Davis Petroleum Corp.
June 5, 2009
Said Overriding Royalty Interests herein assigned to Assignees shall be free and
clear of any and all cost and expense of the development and operations thereof,
excepting taxes that may be levied and assessed against said overriding royalty interests
or production therefrom. Said Overriding Royalty Interests herein assigned shall be
without deduction for the cost of marketing, producing, storing, separating, treating,
dehydrating, compressing, transporting and otherwise making the oil, gas and other
products hereunder ready for sale or use, except as provided for by the Wyoming
Statutes.
The interests herein assigned are non-cost bearing interests, and this Assignment
shall not create or imply any development obligations upon Assignor.
This Assignment is expressly made subject to the terms and conditions of the oil
and gas leases described herein.
If said oil and gas leases cover less than the entire fee title, then and only then
shall the above overriding royalty interests be reduced proportionately.
IT IS UNDERSTOOD AND AGREED that this Assignment of Overriding
Royalty Interests is made without warranty of title, either expressed or implied.
THIS ASSIGNMENT shall be binding upon and inure to the benefit of the parties
hereto, their heirs, personal representatives, successors and assigns.
Continued on next page
WEST WILLOW CREEK 2
Assignment of Overriding Royalty Interests
Davis Petroleum Corp.
June 5, 2009
00i~322
IN WITNESS WHEREOF, the Assignor has caused this Assignment to be
executed this 51h day of June, 2009.
DAVIS PETROLEUM CORP.
BY:
Russell A. Spencer
Vice President
State of Colorado )
)ss
County of Denver )
On this 5`h day of June, 2009, before me personally appeared Russell A. Spencer,
to me personally known, who, being by me duly sworn, did say that he is Vice President
for Davis Petroleum Corp. and that the foregoing instrument was signed in behalf of
said Delaware corporation by authority of its Board of Directors, and Russell A. Spencer
acknowledged said instrument to be the free act and deed of said Delaware corporation.
Witness my hand and seal this 5`h day of June, 2009.
My commission expires:
i
10
LJ~Ale a CW4~
Notary Public
WEST WILLOW CREEK 3
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