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HomeMy WebLinkAbout953813Land 'Description P Percent of Interest P Percent of Additional space on reverse, if needed. Do not submit documents or agreements other than O Owned C Conveyed R Retained O Reserved P Previously reserved or conveyed )wnship 26 North, Range 111 West, 6.th P.M. 5 5.67% 5 5.67% -0- -0- 1 16% !ction 5: Lots 1, 2, S /2NE /4, SE /4 !ction 8: E/2 .ncoln County, Wyoming -mited in depth from the surface of the irth down to the stratigraphic equivalent 9,805' as encountered in the Haun Federal -5 well located in the NE /4 of Section 5, T S S L L e 0 2 T Form 3000 -3■ (June 1988) BUREAU OF LAND MANAGEMENT 'REM!. O ¢�a s TRANSFER OF OPERATING RIGHTS (SUBLEASE) IN A 91 JAN 2'2 All 9 CEASE FOR OIL AND GAS OR GEOTHERMAL RESOURCES j t v Mineral Leasing Act of 1920 (30 U.S.C. 181 et seq.) CHEYr HHE. (Q Mf G Act for Acquired Lands of 1947 (30 U.S.C. 351 -359) Geothermal Steam Act of 1970 (30 U.S.C. 1001 -1025) Department of the Interior Appropriations Act, Fiscal Year 1981 (42 U.S.C. 6508) PART A: TRANSFER 1 Transferee (Sublessee)* Presidio Exploration, Inc. Street 5613 DTC Parkway, #750 City, State, 'ZIP Code Englewood, Co. 80111 2. This transfer (sublease) conveys the following interest: By R Transfer approved effective FEB 0 1 1991 (Authorized Officer) UNIT .,.ATES ti u DEPARTMENT OF THE INTERIOR Type or print plainly in ink and sign In Ink. FOR BLM USE ONLY —DO NOT WRITE BELOW THIS LINE St tPFAVr1 1 V L ktel iPW E'X4Ntl' (Title) .,.u.. APPROVED 'OMB NO. 1004 -0034 Expires: August 31, 1989 Lease Serial No. W 38503 *If more than one transferee, check here and list the name(s) and address(es) of all additional transferees on the reverse of this form or on a separate attached sheet of paper. This transfer is for: (Check one) a Oil and Gas Lease, or Geothermal Lease Interest conveyed: (Check one or both, as appropriate) rXOperating Rights (sublease) Overriding Royalty, payment out of production or other similar interests or ,payments THE UNITED STATES OF AMERICA This transfer is approved solely for administrative purposes. Approval does not warrant that either party to this transfer holds legal or equitable title to this lease. JAN 3 0 1991 (Date) py =NT Part A (Continued): ADDITIONAL SPACE for Names and addresses of additional transferees in Item No. I, if needed, or for Land Description in Item No. 2 if needed. PART B: CERTIFICATION AND REQUEST FOR APPROVAL The transferor certifies as owner of an interest in the above designated lease that he /she hereby transfers to the above transferee(s) the rights specified above. 2 Transferee certifies as follows: (a) Transferee is a citizen of the United States; an association of such citizens; a municipality; or a corporation organized under the laws of the United States or of any State or territory thereof. For the transfer of NPR -A leases, transferee, is a citizen, national, or resident alien of the United States or associations of such citizens, nationals, resident aliens or private, public or municipal corporations, (b) Transferee is not considered a minor under the laws of the State. in,which the lands covered by this transfer are located; (c) Transferee's chargeable interests, direct and indirect, in either public domain or acquired lands, do not exceed 200,000 acres in oil and gas options or 246,080 in oil and gas leases in the same State, or 300,000 acres in leases and 200,000 acres in options in each leasing District in Alaska, if this is an oil and gas lease issued in accordance with the Mineral Leasing Act of 1920 or 51,200 acres in any one state if this is a geothermal lease; and (d) All parties holding an interest in the transfer are otherwise in compliance with the regulations (43 CFR Group 3100 or 3200) and the authorizing Acts. (e) Transferee is in compliance with reclamation requirements for all Federal oil and gas lease holdings as required by sec. 17(g) of the Mineral Leasing Act; and (f) Trans: feree is not in violation of sec. 41 of the Mineral. Leasing Act. 3 Transferee's signature to this assignment constitutes acceptance of all applicable terms, conditions, stipulations and restrictions pertaining to the lease described herein. Applicable terms and conditions include, but are not limited to, an obligation to conduct all operations on the leasehold in accordance with the terms and conditions of the lease, to condition all wells for proper abandonment, to restore. the [cased lands upon completion of any operations as described in the lease, and to furnish and maintain such bond as maybe required by the lessor pursuant to regulations 43 CFR 3104, 3134, or 3206. For geothermal transfers, an overriding royalty may, not be:. less than one -fourth ('4) of one percent of the value of output, nor greater than 50 percent of th9,ratp of royalty due to the United States when this transfer is added to all previously created overriding royalties (43 CFR 3241). Executed this Transferor or A1tome ib-latu 1 certify that the statements made herein by me are true, complete, and correct to the best of my knowledge and belief and are made in good faith. day of /-7- 19 99 Name of Transferor VENTURE RESOURCES, LTD. Plegse ty r print (Signature) Patrick D. Maher, President of Venture•Resuurces', Inc., G.P. 4740 North Mesa Drive (Transferor's Address): y 4,.i Castle Rock, Col`or•adb 80104 (City) (State) (Zip Code) Executed this 16th day of January PRESIDIO EXPLORATION, INC. TransfereeBY or Attorney -in -fact BRADLEY M. t74s 43 19 91 Title 18 U.S.C. Sec. 1001 makes 11 a crime for arty r"•rs "i knowingly and willfully to make to any Department or age- .,f the United States any false, fictitious or fraudulent statements or representations as to any matter winir u. isdiclion.