HomeMy WebLinkAbout877415 ASSIGNMENT OF OVERRIDING ROYALTY INTEREST" ::.
KNOW ALL MEN BY THESE PRESENTS THAT: " } ~
1N CONSID~ERATION of the sum often Dollars ($10.00) and other good and valuable
consideration, I, M.E. Wynne, 518 ]Tth Street, Suite 430, Denver, Colorado 80202, hereinafter
called "Assignor", do hereby assign, transfer, grant and convey the overriding royalty interests as
set forth below unto the following, hereinafter called "Assignee":
Petrota LLC , 0.2500% of S/8ths (0.002500)
P.O. Box 477
Williston, North Dakota 58801
TOTAL 0.2500% of 8/Sths (0.002500)
Assignor is assigning the above described Overriding Royalty Interests unto the Assignees
in and to all Oil, Gas and other minerals produced, saved and sold, if, as and when produced,
saved and sold, but not otherwise, from the lands Set out and covered by the Oil and Gas Leases
described on Exhibit "A" attached hereto and made a part hereof, hereinafter called the "Lease".
Said Overriding Royalty Interest shall be free and clear of all development, production,
marketing and operating expenses; however, said interests 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
It is understood and agreed that the Working Interest Owners shall have the right to pool
the "Lease" and the lands covered thereby, or any part thereof, with other lands and leases into
voluntary units, or into units established by any governmental authority having jurisdiction, and if
said "Lease" or any part thereof are pooled accordingly, 'then the overriding royalty herein
conveyed shall be reduced in the proportion that the acreage is burdened by said overriding
royalty interest bears to all acreage included in any such pooled unit.
This assignment of Overriding Royalty Interests is made without warranty of title, either
express or implied.
This assignment shall be binding upon and inure to the benefit of the respective parties
hereto, their heirs, successors, representatives and assigns.
1N WITNESS WHEREOF, the said M.E. Wynne, as Assignor, executed this instrument
this 31 s;~ day of October, 2001.
M.E. Wynne
ACKNOWLEDGEMENT
ST^T~ O~ co,ortho )~
) ss.
COUNTY OF DENVER )
On this 31 st day of Octobert 2001, before me personally appeared M.E. Wynne, to me personally
known, who, being by me duly sworn, did say that said instrument is his free act and deed.
WITNESS my hand and seal this 31st day of October, 2001.
My Commission expires: o9~{ (t9 It9 ~
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