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Home My WebLink About951550V Effective 11 -86 Form ML -2 (Revised 4 -96) Fiiixtg'Fe Wyoming Oil Gas Lease Serial Number ASSIGNOR, with name and address at: FITZSIMMONS, LLC 2201 CABIN COURT GILLETTE, WY 82718 1) ASSIGNEE, with name and address at: MRC ROCKIES COMPANY 5400 LBJ FREEWAY ONE LINCOLN CENTRE, SUITE 1500 DALLAS, TX 75240 -1017 3) ASSIGNEE, with name and address at: 4) ASSIGNEE, with name and address at: 5) ASSIGNEE, with name and address at: STATE OF WYOMING BOARD OF LAND COMMISSIONERS OIL GAS LEASE INTEREST ASSIGNMENT 07 -00569 100% OPERATING RIGHTS Being the owner of percent interest in this lease, described in particular if less than the total leasehold as: Assignment Approval DatAP T23NR120W01,02 320.00 acs being Tract 40 (formerly E/2 SW/4, W/2 SE /4 Section 1) Resurvey; and Tract 41 (formerly S/2 NE /4, NE /4 SW /4, NW /4 SE /4 Section 2) For good and valuable consideration, hereby assigns to: RECEIVED 1/11/2010 at 12:50 PM RECEIVING 951550 BOOK: 739 PAGE: 774 JEANNE WAGNER 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: percent interest in the total leasehold, or as described in particular above. percent interest in the total leasehold, or as described in particular above. percent interest in the total leasehold, or as described in particular above. 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. DEC 15 2009 Return To (Type of Interest: Leasehold /Operating Rights /Overriding Royalty) 0007'74 and reserving unto ASSIGNOR: 0,00 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 of 3 of Lease 07 -00569 assignment dated ZOOS SIGNED AS TO TRANSFER AND ACCEPTANCE this 1 S- day of 20 09 Assignee (2) By Title Assignee (4) By Title Assignee (1) MRC ROCKIES COMPANY Title Assignee (3) By Title Assignee (5) By Title ASSIGNMENT REQUIREMENTS 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. 00i)775 ASSIGNOR FITZSIMMONS, LLC By Title JOHN L. KENNEDY, MANAGER 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 The foregoing instrument was cknowledged before ITT by John L. Kennedy, Manager of Fitzsimmons, LLC, this `day of NOVQ.,rn bp,v 20 0 Given under my hand and Notarial Seal this 020 day of `lie■ 20 a (SEAL) My Commission Expires: TER$ M STOR NOTARY PUB iC COUNTY OF ;p, STATE OF CAMPBELL LIB WYOMING STATE OF TEXAS COUNTY OF DALLAS 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: C00776 ACKNOWLEDGMENT Notary Public Hoevers, N tate of Texas