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HomeMy WebLinkAbout951533Effective 11 -86 Form ML -2 (Revised 4 -96) Filing STATE OF WYOMING BOARD OF LAND COMMISSIONERS OIL GAS LEASE INTEREST ASSIGNMENT Wyoming Oil Gas Lease Serial Number 07 -00543 Assignment Approval Date ASSIGNOR, with name and address at: FITZSIMMONS, LLC 2201 CABIN COURT GILLETTE, WY 82718 Being the owner of 100% percent interest in this lease, described in particular if less than the total leasehold as: T24N R117W09 80.00 acs being Tract 70 (formerly E/2 SE/4 of Section 9) 2) ASSIGNEE, with name and address at: 3) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. percent interest in the total leasehold, or as described in particular above. 4) ASSIGNEE, with name and address at: 5) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. percent interest in the total leasehold, or as described in particular above. 0.00 OPERATING RIGHTS This form may be duplicated. If space is needed for additional assignors or assignees submit copies of this form only. Return To i,PPR" DEL 14 20B (Type of Interest: Leasehold /Operating Rights /Overriding Royalty) State Lands Investments 122' West 25th Street' HerSelil Biu1 dmg,3 West;' 82002=0600. 00o723 For good and valuable consideration, hereby assigns to: RECEIVED 1/11/2010 at 12:46 PM 1) ASSIGNEE, with name and address at: RECEIVING 951533 MRC ROCKIES COMPANY BOOK: 739 PAGE: 723 5400 LBJ FREEWAY JEANNE WAGNER ONE LINCOLN CENTRE, SUITE 1500 LINCOLN COUNTY CLERK, KEMMERER, WY DALLAS, TX 75240 -1017 100.00 percent interest in the total leasehold, or as described in particular above. and reserving unto ASSIGNOR: 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 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 3 of Lease 07 -00543 signment dated SIGNED AS TO TRANSFER AND ACCEPTANCE this 1 day of 20 09 ASSIGNOR FITZSIMMONS, LLC Assignee (2) By Title Assignee (4) By Title Assignee (1) MRC Title Assignee (3) By Title Assignee (5) By Title ASSIGNMENT REQUIREMENTS KIES COMPANY 3) A signed original and one copy of each assignment must be filed with the Wyoming State Lands and Investments. 6) The appropriate legal description of the conveyed lands interests must be given. CO 9724 4 -ala. DAVID E LANCASTER, EXECUTIVE VICE PRESIDENT and CFO Note: Assignments are not valid until approved by the Director, Office of State Lands and Investments 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.) 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. 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 there from 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 Lands and Investments 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. STATE OF WYOMING COUNTY OF CAMPBELL (SEAL) My Commission Expires: STATE OF TEXAS COUNTY OF DALLAS My Commission Expires: The foregoing instrument was acknowledged before me by John L. Kennedy, Manager of Fitzsimmons, LLC, this�D` "day of NR 2000j. Given under my hand and Notarial Seal this 2lay of Aire Q 2009 TERI M STORE TARVPUBUC COUNTY OF C t STATE OF WY MING CAMPBELL ti i MY COMMISSION EXPIRE- 3/1 3 haot ACKNOWLEDGMENT 1 vn Notary Public The foregoing instrument was acknowledged before me by David E. Lancaster, Executive Vice President and CFO of MRC Rockies Company, on this 1 day of December, 2009. Given under my hand and Notarial Seal this 1 day of December, 2009. otary Public for 000725