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HomeMy WebLinkAbout962026ASSIGNMENT AND CONVEYANCE OF OIL AND GAS OVERRIDING ROYALTY KNOW ALL MEN BY THESE PRESENTS THAT: That the undersigned, MARVIN E. KRAFT (hereinafter called "Assignor for and in consideration of Ten Dollars ($10.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, does hereby grant, sell, assign, transfer and convey unto KRAFT OIL PROPERTIES LLC, (hereinafter called "Assignee its successors and assigns, all of Assignor's right, title and interest in and to all Oil, Gas and associated hydrocarbons produced, saved and sold, if, as and when produced, saved and sold, but not otherwise, from the lands in Lincoln County, State of Wyoming, in and under the wells described on attached Exhibit "A It is the intent of Assignor to convey to Assignee all of Assignor's right, title and interest in and to the oil and gas leases covering the lands described on Exhibit "A" under which said wells were drilled, including all lands covered by said leases in which Assignor owns an interest. It is the further intent of Assignor to convey to Assignee, by this instrument, all other overriding royalty interests owned by Assignor in Lincoln County, Wyoming whether listed on the attached exhibit or not. Said Overriding Royalty shall be free and clear of all development, production, marketing and operating expenses; however, said interest shall bear and pay currently its portion of gross production taxes, pipeline taxes, and all other taxes assessed against the gross production subject to said Overriding Royalty Interest. This Assignment shall be binding upon and inure to the benefit of the respective parties hereto, their heirs, successors, representatives and assigns. This Assignment and conveyance is made without covenants or warranty of title, express or implied, but is made with the full substitution and subrogation of Assignee in and to all covenants and warranties by others heretofore given or made in respect of the interests assigned hereunder. MARVIN E. KRAFT, as Assignor has caused this Assi njent and Conveyance of Oil and Gas Leases to be executed on this day of November, 2011. RECEIVED 11/18/2011 at 10:14 AM RECEIVING 962026 BOOK: 776 PAGE: 535 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY W MARVIN E. KRAFT riease return to: Kraft Oil Properties LLC 367 Fairway Wichita, KS 67212 000535 STATE OF KANSAS ss. COUNTY OF SEDGWICK BE IT REMEMBERED that on this /G day of November, 2011, before me, the undersigned, a Notary Public, duly commissioned, in and for the County and State aforesaid, came MARVIN E. KRAFT, personally known to me to be the same person who executed the foregoing instrument and acknowledged the same as his free and voluntary act and deed for the uses and purposes therein set forth. IN WITNESS WHEREOF, I have hereunto set my hand and official seal on the day and year last above written. My Commission Expires: ACKNOWLEDGMENT t4,ANC; A. WESTtE;° i°i1 'ubiic State a1 1 Apt. Expires P- aZ 9- I K 000536 Exhibit "A" Attached to and made a part of that Assignment dated November /G a 2011 between Marvin E. Kraft and Kraft Oil Properties LLC: Lincoln County Bridger #21 -9 Frontier SW SW Section 8- T23N -R1 12W Sage 22- 7 -23 -1 12 SW SE Section 7- T23N -R1 12W Whiskey Buttes Federal 10-30-21-112 SW NE Section 30 -T21 N -R1 12W Whiskey Buttes 30-30-21-112 Section 30 -T21 N -R1 12W Whiskey Buttes 40-30-21-112 Section 30 -T21 N -R1 12W 000537