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HomeMy WebLinkAbout951216Effective 11-86 SAM Return SON t0: (David Sherrick) Form ML -2 Two West 2nd St. (Revised 4 -96) Tulsa, OK 74103 -3103 Filing Fee $25.00 Non Refundable Wyoming Oil Gas Lease Serial Number 09 -00520 Assignment Approval Date ASSIGNOR, with name and address at, Baseline Minerals, Inc. 518 17 Street, Suite 1050 Denver, Colorado 80202 being the owner of 100% percent Leasehold (Type Interest: Leasehold /Operating Rights /Overriding Royalty) interest in this lease, described in particular if less than the total leasehold as: For good and valuable consideration, hereby assigns to: 1) ASSIGNEE, with name and address at: Samson Resources Company 2 West 2 Street Tulsa, OK 74103 100% percent interest in the total leasehold, or as described in particular above. 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: STATE OF WYOMING BOARD OF LAND COMMISSIONERS OIL GAS LEASE INTEREST ASSIGNMENT Township 24 North, Range 113 West, 6 P.M. Section 36: ALL Lincoln County, Wyoming Containing 640.00 acres, more or less percent interest in the total leasehold, or as described in particular above. This form may be duplicated. If space is needed for additional assignors or assignees submit copies of this form only. 4j 'J 95 Return To State Land Farm Loan Office 122 West 25th Street Herschler Building, 3 West Cheyenne, WY 82002 -0600 RECEIVED 12/21/2009 at 2:07 PM RECEIVING 951216 BOOK: 738 PAGE: 695 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY And reserving unto ASSIGNOR, NONE 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 canceled 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, and of the Rules of the Board, at Chapter 6, Leasing of Subsurface Resources. Page 1 of 1 of Lease #09 -00520 assignment dated November 17, 2009 SIGNED AS TRANSFER D(CCEPTANCE this 17 h day of November, 2009. 1 ASSIGNEE Samson Resources Company ASSIG OR seline Mine, s� c. (1) By- Jo W. shames Title Preside Attest STATE OF COLORADO 1 COUNTY OF DENVER J STATE OF OKLAHOMA 1 COUNTY OF TULSA J My MI III I Notary Public State of Oklahoma SHARON MICHALS TULSA COUNTY COMMISSION 002008351 Comm Ex 05-14-2010 By Michael G. ►aniel Title Attorney -in -fact Attest ACKNOWLEDGMENTS The foregoing instrument was acknowledged before me this day of November .09 •y Joseph W. Thames President of Baseline Minerals, Inc. My Commission Expires: August 15, 2010 Staci- erber Notary Public e STACIE L KERBER NOTARY PUBLIC S TATE OF COLORADO My•Commission Expires 8/15ii The foregoing instrument was acknowledged before me thiscd3�day of Z.-DI/flat-EA 2009, by Michael G. Daniel, Attorney -in -Fact for Samson Resources ompany. Ion .L_ Not -ry Public Assignment Requirements 000696 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 warranty that any party to this assignment holds legal or equitable interest in this lease. Assignments which do not meet the requirements 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 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.) 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