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HomeMy WebLinkAbout951541STATE OF WYOMING Effective 11 86 BOARD OF LAND COMMISSIONERS Form ML OIL GAS LEASE INTEREST ASSIGNMENT (Revised 4-96) 12.,2.' est 25th Street Filing Fee x$25Ob Non ISefti a Fiersehle�r Build g 3 West APPR 9 e W s 200241600 Wyoming Oil Gas Lease Serial Number 07 -00554 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 jf less than the total leasehold as T25N R118W16 640.02 acs being Tract 60 (formerly All Sec 16) Resurvey For good and valuable consideration, hereby assigns to: RECEIVED 1/11/2010 at 12:48 PM 1) ASSIGNEE, with name and address at: RECEIVING 951541 MRC ROCKIES COMPANY BOOK: 739 PAGE: 747 5400 LBJ FREEWAY JEANNE WAGNER ONE LINCOLN CENTRE, SUITE 1500 DALLAS, TX 75240 -1017 LINCOLN COUNTY CLERK, KEMMERER, WY 100.00 percent interest in the total leasehold, or as described in particular above. 2) ASSIGNEE, with name and address at: OPERATING RIGHTS (Type of Interest: Leasehold /Operating Rights /Overriding Royalty) 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: 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% 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. This form may be duplicated. If space is needed for additional assignors or assignees submit copies of this form only. ;DEC 1 1100 Page 3 of Lease 07 -00554 ;signment dated S €C- a.OI Return To State Lands Investments C0‘../747 1 SIGNED AS TO TRANSFER AND ACCEPTANCE this day of 2009 ASSIGNOR FITZSIMMONS, LLC By Title JOHN L. KENNEDY, MANAGER Assignee (2) By Title Assignee (4) By Title Assignee (1) MRC ROCKIES COMPANY By Title DAVID E LANCASTER, EXECUTIVE VICE PRESIDENT and CFO Assignee (3) By Title Assignee (5) By Title ASSIGNMENT REQUIREMENTS 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.) 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. e0ti748 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 The foregoing instrument was knowledged before me by John L. Kennedy, Manager of Fitzsimmons, LLC, this a2 itla of 1,1 p,1{ 20O. Given under my hand and Notarial Seal this -O d ay of Nave 20 (SEAL) My Commission Expires: 08 -20 -2011 STATE OF TEXAS COUNTY OF DALLAS 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. My Commission Expires: ACKNOWLEDGMENT 00i),749 Hoevers, N ry Public for tate of Texas