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HomeMy WebLinkAbout877448KNOW ALL MEN BY THESE PRESENTS TItAT: IN CONSIDERATION of the sum of Ten Dollars ($10.00) and other good and valuable consideration, ROSE EXPLORATION ASSOCIATES, LLC., Colorado Limited Liability Company, 518 17th Street, Suite 430, Denver, Colorado 80202, hereinafter called "Assignor", does hereby assign, transfer; grant and convey the overriding royalty interests as set forth below unto the following, hereinafter called "Assignees": John N. Edwards 0.63750% of 8/Sths (0.0063750) 265 MOp,roe Street Denver, CO 80206 -. Gerard Geosciences, Inc. "' 0.63750% of S/Sths (0.0063750) a Colorado Corporation, 4031 East 115th Place Thornton, CO 80233 Miller Oil Company, Ltd. Liability Co., 0.63750% of 8/Sths (0.0063750) a Colorado Limited Liability Company,. 8267 South Ogden Circle Littleton, Colorado 80122 Rose Exploration, Ind., /' 0.63750% of 8/8ths (0.0063750) a Colorado Corporation, 12442 West 16th Drive Lakewood, Colorado 80215 M.E. Wynne 0.63750% of 8/Sths (0.0063750) 518 17th Street, Suite 430 Denver, Colorado 80202 Logan T. MacMillan, 0.56250% of 8/Sths (0.0056250) 3607 East Briarwood Avenue Littleton, Colorado 80122 TOTAL 3.750% of 8/8ths'(0.03750) 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 ali 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 "LeasG' and fhe 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 bihding upon and inure to the benefit of the respective parties hereto, their heirs, successors, representatives and assigns. IN WITNESS WHEREOF, the said ROSE EXPLORATION ASSOCIATES, LTD. LIABILITY CO., as Assignor, executed this instrument this l~l~ day of ~/&~2~, o2/30[. ROSE EXPLORATION ASSOCIATES, LLC. ROSE EXPLORATION ASSOCIATES LLC A Colorado Limited Liability Company A Colorado Limited Liability Company M.E. Wynne, ~Z4anager. Leo C. Gerard, Manager ACKNOWLEDGEMENT STATE OF COLORADO ) ) ss. COUNTY OF DENVER ) On this [ ~7~LJ[ day of ~~0.~, -~~, before me'Personally appeared M.E. Wynne and Leo C. Gerard, to me personally known, who, being by me duly sworn, aid say that they are Managers of ROSE EXPLORATION ASSOCIATES, LLC., and that the s~al affixed to said instrument was signed and 'sealed on behalf of said ROSE EXPLORATION ASSOCIATES, LLC.,i and said M.E. Wynne and Leo C. Gerard acknowledged said instrument to be the free act and deed of said company. WITNESS my hand and seal this ] ~/--~{ day of ~~.d~, ~~_. My Commission expires: :~..[ 1t9//19 4 t yp c' ~ ", No ar ubli ~Z ~Z ~Z ~zi o ! 0