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HomeMy WebLinkAbout962218State of Wyoming County of Lincoln RECEIVED 12/5/2011 at 2:56 PM RECEIVING 962218 BOOK: 777 PAGE: 386 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ASSIGNMENT AND BILL OF SALE THIS ASSIGNMENT AND BILL OF SALE (this "Assignment effective as of 7:00 a.m. on October 1, 2011 (the "Effective Time is made by CHAPARRAL ENERGY, L.L.C., AND CHAPARRAL RESOURCES, L.L.C., Oklahoma limited liability companies (the "Assignor whose address is 701 Cedar Lake Boulevard, Oklahoma City, Oklahoma 73114, to CHARGER RESOURCES, L.L.C., a Delaware limited liability company (the "Assignee whose address is 9001 Airport Freeway, Suite 670, North Richland Hills, Texas 76180. ARTICLE I Granting and Habendum For Ten Dollars ($10.00) and other good and valuable consideration, the receipt, and sufficiency of which are hereby acknowledged, Assignor does hereby grant, bargain, sell, transfer, convey, set over, assign and deliver unto Assignee, its successors and assigns, effective for all purposes as of the Effective Time and subject to the matters set forth herein, the Assets. The term "Assets" shall mean all of Assignor's right, title and interest in and to the following: (a) the mineral and leasehold estates in and to the lands covered by the oil, gas and mineral leases described or referred to in Exhibit A (the "Leases and any overriding royalty interests in and to the lands covered by the Leases, assignments and other documents of title described or referred to in Exhibit A, all as more specifically described in Exhibit A (collectively, the "Subject Interests," or singularly, a "Subject Interest (b) all rights incident to the Subject Interests, including, without limitation, (i) all rights with respect to the ownership, use and occupation of the surface of and the subsurface depths under the Subject Interests; (ii) all rights with respect to any pooled, communitized or unitized acreage by virtue of any Subject Interest being a part thereof, including all Hydrocarbon (as defined in Subsection (d)) production after the Effective Time attributable to the Subject Interests or any such pool or unit allocated to any such Subject Interest; (c) to the extent assignable or transferable, all easements, rights -of -way, surface leases, servitudes, permits, licenses, franchises and other estates or similar rights and privileges directly related to or used solely in connection with the Subject Interests the "Easements including, without limitation, the Easements described or referred to in Exhibit A); (d) to the extent assignable or transferable, all personal property, equipment, fixtures, inventory and improvements located on or used solely in connection with the Subject Interests and the Easements or with the production, treatment, sale, or disposal of oil, gas or other hydrocarbons (collectively, "Hydrocarbons byproducts or waste produced therefrom or attributable thereto, including, without limitation, all wells located on the lands covered by the Subject Interests or on lands with which the Subject Interests may have been pooled, communitized or unitized (whether producing, shut in or abandoned, and whether for production, injection or disposal), including, without limitation, the wells described in Exhibit B, wellhead equipment, pumps, pumping units, flowlines, gathering systems, piping, tanks, buildings, treatment facilities, injection facilities, disposal facilities, compression facilities, and other materials, supplies, equipment, facilities and machinery (collectively, "Personal Property 00386 (e) to the extent assignable or transferable, all contracts, agreements and other arrangements that directly relate to the Subject Interests, the Leases or the Easements, including, without limitation, production sales contracts, farmout agreements, operating agreements, service agreements and similar arrangements (collectively, the "Contracts (f) to the extent assignable or transferable, all books, records, files, muniments of title, reports and similar documents and materials, including, without limitation, lease records, well records, and division order records, well files, title records (including abstracts of title, title opinions and memoranda, and title curative documents related to the Assets), contracts and contract files, and correspondence, that relate to the foregoing interests in the possession of, and maintained by, Assignor (collectively, the "Records and (g) NOTWITHSTANDING THE FOREGOING, the Assets shall not include, and there is excepted, reserved and excluded from the assignment contemplated hereby (collectively, the "Excluded Assets (i) all credits and refunds and all accounts, instruments and general intangibles (as such terms are defined in the Oklahoma Uniform Commercial Code) attributable to the Assets with respect to any period of time prior to the Effective Time; (ii) all claims and causes of action of Assignor (A) arising from acts, omissions or events, or damage to or destruction of property, occurring prior to the Effective Time, (B) arising under or with respect to any of the Contracts that are attributable to periods of time prior to the Effective Time (including claims for adjustments or refunds), or (C) with respect to any of the other Excluded Assets; (iii) all rights and interests of Assignor (A) under any policy or agreement of insurance or indemnity, (B) under any bond, or (C) to any insurance or condemnation proceeds or awards arising, in each case, from acts, omissions or events, or damage to or destruction of property, occurring prior to the Effective Time; (iv) all Hydrocarbons produced from or attributable to the Subject Interests with respect to all periods prior to the Effective Time, together with all proceeds from the sale of such Hydrocarbons; (v) all claims of Assignor for refunds of or loss carry forwards with respect to (A) ad valorem, severance, production or any other taxes attributable to any period prior to the Effective Time, (B) income or franchise taxes, or (C) any taxes attributable to the other Excluded Assets, and such other refunds, and rights thereto, for amounts paid in connection with the Assets and attributable to the period prior to the Effective Time, including refunds of amounts paid under any gas gathering or transportation agreement; (vi) all proceeds, income or revenues (and any security or other deposits made) attributable to (A) the Assets for any period prior to the Effective Time, or (B) any other Excluded Assets; (vii) all of Assignor's proprietary computer software, technology, patents, trade secrets, copyrights, names, trademarks, logos and other intellectual property; (viii) all of Assignor's rights and interests in geological and geophysical data that is interpretive in nature which cannot be transferred without the consent of or payment to any Third Party; (ix) all documents and instruments of Assignor that may be protected by an attorney client privilege; (x) data and other information that cannot be disclosed or assigned to Assignee as a result of confidentiality or similar arrangements under agreements with persons unaffiliated with Assignor; (xi) all audit rights and claims arising under any of the Contracts or otherwise with respect to any period prior to the Effective Time or to any of the other Excluded Assets; and(xii) all corporate, partnership, income tax and financial records of Assignor. For purposes hereof, "Third Party" means any person or entity, governmental or otherwise, other than Assignor or Assignee, and their respective affiliates; the term includes, but is not limited to, working interest owners, royalty owners, lease operators, landowners, service contractors and governmental agencies. 2- 00387 TO HAVE AND TO HOLD the Assets, together with all and singular the rights, privileges, contracts and appurtenances, in any way appertaining or belonging thereto, unto Assignee, its successors and assigns, forever, subject to the matters set forth herein. ARTICLE II Special Warranty of Title and Disclaimers Section 2.01 Special Warranty of Title. Assignor hereby agrees to warrant and defend title to the Assets solely unto Assignee against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through or under Assignor, but not otherwise; subject, however, to the Permitted Encumbrances (as such term is defined in the Purchase Agreement described below) and the other matters set forth herein.In no event shall the foregoing warranty extend to or be enforceable by any party other than Assignee, specifically excluding Assignee's successors and assigns in all or part of the Assets. Section 2.02Disclaimer. EXCEPT FOR THE EXPRESS REPRESENTATIONS OF ASSIGNOR IN THE PURCHASE AGREEMENT DESCRIBED BELOW AND THE SPECIAL WARRANTY SET FORTH IN SECTION 2.01 ABOVE, ASSIGNEE ACKNOWLEDGES THAT ASSIGNOR HAS NOT MADE, AND ASSIGNOR HEREBY EXPRESSLY DISCLAIMS AND NEGATES, AND ASSIGNEE HEREBY EXPRESSLY WAIVES, ANY REPRESENTATION OR WARRANTY, EXPRESS, IMPLIED, AT COMMON LAW, BY STATUTE OR OTHERWISE RELATING TO (a) PRODUCTION RATES, RECOMPLETION OPPORTUNITIES, DECLINE RATES, GAS BALANCING INFORMATION OR THE QUALITY, QUANTITY OR VOLUME OF THE RESERVES OF HYDROCARBONS, IF ANY, ATTRIBUTABLE TO THE ASSETS; (b) THE ACCURACY, COMPLETENESS OR MATERIALITY OF ANY INFORMATION, DATA OR OTHER MATERIALS (WRITTEN OR ORAL) NOW, HERETOFORE OR HEREAFTER FURNISHED TO ASSIGNEE BY OR ON BEHALF OF ASSIGNOR; AND (c) THE ENVIRONMENTAL CONDITION OF THE ASSETS. EXCEPT FOR THE EXPRESS REPRESENTATIONS OF ASSIGNOR IN THE PURCHASE AGREEMENT DESCRIBED BELOW, ASSIGNOR EXPRESSLY DISCLAIMS AND NEGATES, AND ASSIGNEE HEREBY WAIVES, AS TO PERSONAL PROPERTY, EQUIPMENT, INVENTORY, MACHINERY AND FIXTURES CONSTITUTING A PART OF THE ASSETS (i) ANY IMPLIED OR EXPRESS WARRANTY OF MERCHANTABILITY, (ii) ANY IMPLIED OR EXPRESS WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE, (iii) ANY IMPLIED OR EXPRESS WARRANTY OF CONFORMITY TO MODELS OR SAMPLES OF MATERIALS, (iv) ANY RIGHTS OF PURCHASERS UNDER APPROPRIATE STATUTES TO CLAIM DIMINUTION OF CONSIDERATION OR RETURN OF THE PURCHASE PRICE, (v) ANY IMPLIED OR EXPRESS WARRANTY OF FREEDOM FROM DEFECTS, WHETHER KNOWN OR UNKNOWN, (vi) ANY AND ALL IMPLIED WARRANTIES EXISTING UNDER APPLICABLE LAW, AND (vii) ANY IMPLIED OR EXPRESS WARRANTY REGARDING ENVIRONMENTAL LAWS, THE RELEASE OF MATERIALS INTO THE ENVIRONMENT, OR PROTECTION OF THE ENVIRONMENT OR HEALTH, IT BEING THE EXPRESS INTENTION OF ASSIGNEE AND ASSIGNOR THAT, EXCEPT FOR THE EXPRESS REPRESENTATIONS OF ASSIGNOR IN THE PURCHASE AGREEMENT DESCRIBED BELOW, THE PERSONAL PROPERTY, EQUIPMENT, INVENTORY, MACHINERY AND FIXTURES INCLUDED IN THE ASSETS SHALL BE CONVEYED TO ASSIGNEE, AND ASSIGNEE SHALL ACCEPT SAME, AS IS, WHERE IS, WITH ALL FAULTS AND IN THEIR PRESENT CONDITION AND STATE OF REPAIR AND ASSIGNEE REPRESENTS TO ASSIGNOR THAT ASSIGNEE HAS MADE OR CAUSED TO BE MADE SUCH INSPECTIONS WITH RESPECT TO SUCH PERSONAL PROPERTY, EQUIPMENT, INVENTORY, MACHINERY AND FIXTURES AS ASSIGNEE DEEMS APPROPRIATE. ASSIGNOR AND ASSIGNEE AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAW TO BE EFFECTIVE, THE DISCLAIMERS OF CERTAIN 3- 00388 WARRANTIES CONTAINED IN THIS SECTION ARE "CONSPICUOUS" DISCLAIMERS FOR THE PURPOSES OF ANY APPLICABLE LAW, RULE OR ORDER. ARTICLE III Miscellaneous Section 3.01 Construction. The captions in this Assignment are for convenience only and shall not be considered a part of or affect the construction or interpretation of any provision of this Assignment. Assignor and Assignee acknowledge that they have participated jointly in the negotiation and drafting of this Assignment and as such they agree that if an ambiguity or question of intent or interpretation arises hereunder, this Assignment shall not be construed more strictly against one party than another on the grounds of authorship. Section 3.02 No Third Party Beneficiaries. Nothing in this Assignment shall provide any benefit to any Third Party or entitle any Third Party to any claim, cause of action, remedy or right of any kind, it being the intent of the parties hereto that this Assignment shall otherwise not be construed as a Third Party beneficiary contract. Section 3.03 Assignment. This Assignment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. It is the intent of Assignor to assign all depths and rights owned regardless if properly described on Exhibit A or B. Section 3.04 Governing Law. This Assignment, other documents delivered pursuant hereto and the legal relations between the parties hereto shall be governed and construed in accordance with the laws of the State of Oklahoma, without giving effect to principles of conflicts of laws that would result in the application of the laws of another jurisdiction. Section 3.05 Counterpart Execution. This Assignment may be executed in any number of counterparts, and each counterpart hereof shall be effective as to each party that executes the same whether or not all of such parties execute the same counterpart. If counterparts of this Assignment are executed, the signature pages from various counterparts may be combined into one composite instrument for all purposes. All counterparts together shall constitute only one Assignment, but each counterpart shall be considered an original. Section 3.06 Recording. To facilitate the recording or filing of this Assignment, the counterpart to be recorded in a given county may contain only that portion of the exhibits that describes Assets located in that county. In addition to filing this Assignment, the parties hereto shall execute and file with the appropriate authorities, whether federal, state or local, all forms or instruments required by applicable law to effectuate the conveyance contemplated hereby. Said instruments shall be deemed to contain all of the exceptions, reservations, rights, titles and privileges set forth herein as fully as though the same were set forth in each such instrument. The interests conveyed by such separate assignments are the same, and not in addition to the Assets conveyed herein. Section 3.07 Purchase Agreement. This Assignment is subject to all of the terms and conditions of the Purchase and Sale Agreement dated October 18th, 2011 by and between Assignor and Assignee (the "Agreement If any provision herein is inconsistent with the Agreement, the provision of the Agreement shall govern. 4- 00389 IN WITNESS WHEREOF, this Assignment is executed by the parties on the date of their respective acknowledgments below, but shall be effective for all purposes as of the Effective Time. STATE OF OKLAHOMA COUNTY OF OKLAHOMA STATE OF OKLAHOMA COUNTY OF OKLAHOMA ss. ss. ASSIGNOR: My Commission Expires: Notary Public: CHAPARRAL ENERGY, L.L.C. By: Robert W. Kelly, -in -Fact CHAPARRAL RESOURCES, L.L.C. By: Robert W. Kelly II `Attorney in Fact ASSIGNEE: CHARGER RESOURCES, L.L.C. B Ben Nivens, MEanager and CEO ACKNOWLEDGEMENT Ii i 11 B efore me, the undersigned, a Notary Public, in and for said County and State, on this .3 d ay of 0 0 2011, personally appeared Robert W. Kelly II as Attorney -in -Fact for Chaparral Energy, L.L.C. and P gY L.L.C., as Attorney -in -Fact for Chaparral Resources, L.L.C. Given under my hand and seal of office the day and year last above written. �O My Commission Expires: Notary Public: L #02012206 tp EXP. 08127/141 ACKNOWLEDGEMENT 00390 f efore me, the undersigned, a Notary Public, in and for said County and State, on this day of /V 2011 ersonall appeared Ben Nivens as Manager and CEO for Charger Resources, L.L.C. �,������`wo P Y PP g G tC1E n 0TA it 020 12286 to i EXP. 08/27/14 4 ,OF 00's, fi ngmUMN` Given under my hand and seal of office the day and year la t above written. 5- 00391 1 10221.02 1 08072.02 10221.01 08072.01 08072.01 01411.01 01411.01 0 F. O N WYW- 0318358 USA W- 092972 WYW- 0318358 USA W- 092972 USA W- 092972 USA W- 0322520 USA W- 0322520 EOG RESOURCES INC JAMES D BEARD ,EOG RESOURCES INC JAMES D BEARD JAMES D BEARD TEXACO INC TEXACO INC 11/01/1948 8661/10/11 9961/10/10 9961/10/10 9961/10/10 04/01/1966 04/01/1966 106 106 106 unrecorded unrecorded r doff 85 85 85 NE /4 NE/4 INSOFAR ONLY AS TO THE NW /4 SE /4 SE/4 INSOFAR ONLY AS TO LOT 8 INSOFAR ONLY AS TO THE SW /4 NE/4 SW /4 S/2 SW /4 29 3 120 w u A A UJ n 0 023 -N 1022 -N 023 -N 022 -N 022 -N 026 -N 026 -N a 112 -W 112 -W 112 -W 112 -W 112 -W 113 -W 113 -W .b w r. Lincoln Lincoln Lincoln U10OU11 UlOOUF 1 Lincoln Lincoln r� g o N LWYI 00391 0 0 0 0 0 o y o 0 0 49023201920000 49023213730000 49023213730000 49023215130000 49023214040000 49023214030000 49023203280000 49023201530000 49023210550000 40023211 620000 49023208340000 49023209120000 I 49023217970000 49023207810000 49021208269000 49023201130000 49023204400000 40023205790900 ti o 13216520000 13218500000 23206700000 E o m m y 6 w o e z SHUTE CREEK 43 SHUTE CREEK 440 DAKOTA SHUTE CREEK 440 FRONTIER SHUTE CREEK 442 SHUTE CREEK 443 SHUTE CREEK 444 SHUTE CREEK 45 SHUTE CREEK 45 SHUTE CREEK 50 -31 SHUTE CREEK UNIT SHUTE CREEK UNIT 416 SHUTE CREEK UNIT #3 -32E SHUTE CREEK UNIT 44 -20E SHUTE CREEK UNIT 443 SHUTE CREEK UNIT 45 -29 SHUTE CREEK UNIT 46 i i SHUTE CREEK 42 SHUTE CREEK 425 0IRITF. CREF.K 428 i f SHUTE CREEK 417 SHUTE CREEK 419 1 SHUTE CREEK #12 SHUTE CREEK #13-4 SHUTE CREEK 414 SHUTE CREEK #15 I i SHUTE CREEK 41 SHUTE CREEK 410 r C) O m r 0 m m A I i BEARD FEDERAL 42 -3 EMIGRANT HOLLOW 36 -210 HOGSBACK. S 412-4 WBO onnonnonn accacacc LICIQQQ29.94 45g454.9444 7 000 czzz i �aaa A A O O O O O Z o 888 5 A O O z O 5 BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY 1 BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY 1 BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY 1 BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY BP AMERICA PRODUCTION COMPANY I BP AMERICA PRODUCTION COMPANY 1 EOG RESOURCES INC EOG RESOURCES INC CHEVRON USA INC EOG RESOURCES INC EOG RESOURCES INC CHEVRON USA INC Operator 29 5 19 4 32 33 Section %zzzzzzzzzzz 23N 22N 23N 23N 22N 23N 22N 23N 23N zz 26N 26N 22N 23N 26N 22N Townskip] EEE££FEFFEf 112W 112W 112W ''E E£EE�E 113W 113W 112W 112W 113W 112W Range -rrrrrrrrrrr Lind Lincoln Lincoln Lincoln Lincoln Lincoln Lincoln Lincoln _rr Lincoln Lincoln r rr Lincoln County ST "oFPmm`m c o O F z zoo !Jou F F to F F z° to go O F u rn 0 o c2 F No JIB Deck No JIB Deck No 01B Dcck No JIB Deck1, No JIB Deck 0.00256943 No JIB Decki. No JIB Deck, No JIB Deck 0 z Cv Cn F R. 0.375000001 0.375000001 0.000860001 0.00179603 037500000'.. 0.00171000 WIBPO 7 i o o °u z z A A o u z z A A o o z z A o o o o a v z o No Rcv Dock'. No Rev Deck1, No Rev Deck I No Rev Deck No Rev Deck No Rev Deck 0.00224825 No Rev Deck No Rev Deck z o 7 1 C1 0 0.32812500 0.32812500 0.00299770 0.00157049 032812500 0.00299770 NRI BPO OIL Fo S 7 g -,2 oi, 0.00290912J 0.00149883' 14o Rcv Deck No Rev Deck No Rcv Dock No Rcv Deck No Rev Dcck. No Rcv Deck No Rev Deck No Rcv Deck', No Rev Deck No Rev Deck No Rev Deck No Rev Deck 0.00224825 No Rcv Deck No Rcv Deck No Rev Deck No Rcv Dock 0.32812500 0.32812500 0.00299770 0.00157049 0.32812500 0.00299770 NRI BPO GAS OR OR RI BPO WI APO NRI APO OIL NRI APO GAS ORRI OR RI APO 2 Z 1 00000000 ZZZZZZZZ i mmmmmmmm NONE NONE NONE NONE NONE $6,637.84 Paid out NONE NONE NONE NONE 2 2 2 i NONE NONE NONE NONE Paid out 2/1/2008 $1,276.87 $4,708.15 NONE NONE NONE NONE NONE NONE NONE NONE PAYOUT I 12/31/10 2 2 2 a F r r y o 4 H 7 y Kra a c7 g ;13 Syr 'M Z 00 K H �a o r Zm0 [h rn r 'r 49023214040000 49023219660000 49023203630000 49023218470000 49023218480000 1 I 49023203280000 49023218310000 49023214040000 49023214030000 49023203280000 49023213730000 49023213730000 49023215130000 49023211620000 49023201920000 49023208340000 49023209120000 I 49023205290000 49023217970000 0 49023201130000 49023204400000 0 I 49023206730000 I 49023206700000 I 49023216520000 49023218500000 0 SHUTE CREEK UNIT 443 SHUTE CREEK UNIT 85 -29 SHUTE CREEK UNIT 46 I SHUTE CREEK UNIT 43 -32E SHUTE CREEK UNIT 44 -200 I SHUTE CREEK 45 SHUTE CREEK 50 -31 SHUTE CREEK 443 SHUTE CREEK 444 SHUTE CREEK 45 SHUTE CREEK 640 DAKOTA SHUTE CREEK 440 FRONTIER SHUTE CREEK 442 SHUTE CREEK 428 SHUTE CREEK 43 I SHUTE CREEK 417 SHUTE CREEK 419 1 SHUTE CREEK 412 SHUTE CREEK 413-4 SHUTE CREEK 41 SHUTE CREEK 410 LABARGE 41 -4 (MUDDY) LABARGE 41 -4 (FRONTIER) HOGSBACK, 5412 -4 WBO BEARD FEDERAL 42 -3 EMIGRANT HOLLOW 36 -21E I BEARD FEDERAL 41 -3 Prooertr Name Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones I Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones Dakota Frontier Unitized Zones WELLBORE ONLY Frontier Only Frontier Only DEPTH LMTS See above See above See above See above See above See above See above See above See above See above See above See above See above See above See above I See above See above See above See above Shute Creek Unit produces from Frontier Dakota formations is spaced 7644.82A per LDS. BP Ltr to Chap 12 -4 -08 states CELLC owns .0034259 GWI in unit. LDS says need to research discrepancy between 18.86 acres owned in unit and decimal interest. BP's Plans for 2011 per 110 to BLM dtd 5 -31 -11 states no new wells are planned to be drillled or recompleted in 2011. Shute Creek Unit 42 is only well they plan to return to prod in 2011. See helpful map plat BP provided. See above Lse 01411 provides sliding scale Royalty 12.5 -25% on oil, 12.5 16.67% on gas. Written consent to assign requirement in Belco/Texaco 1976 Farmout. I Lse 01411 provides sliding scale Royalty 12.5 -25% on oil, 12.5 16.67% on gas. I Written consent to assign requirement in Belcoffexaco 1976 Farmout. Per Assn from CEI Bristol to Chap Oil, WBO but assn from B6stol was not limited. LDS shows 320A unit. Mark Dixon in Land believes it is WBO also. Bryan Hunter, Mgr of D.O. says these decimals are correct as far as they know. $37 cash flow over 2 years so too small value to spend time to validate Bryan Hunter, Mgr of D.O. says these decimals are correct as far as they know. $37 cash flow over 2 years so too small value to spend time to validate. Lease Serial No. W- 092972 is segregated out of W- 0321436 -A by the BLM. Comments