HomeMy WebLinkAbout877450 ASSIGNMENT OF VER~I.D.ING.ROY.~LT¥ INTEREST
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KNOW ALL MEN BY THESE PRESENTS THAT: r' ·
IN CONSIDERATION of the sum of Ten Dollars ($I0.00) 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":
Logan T. MacMillan, 0.56250% of 8/Sths (0.0056250)
3607 East Briarwood Avenue
Littleton, Colorado 80122
TOTAL 0.56250% of 8/Sths (0.0056250)
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 devel~i~pment, production,
marketing and operating expenses; however, said interests shall bear and pay ct~¥rently 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 {hat 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.
IN WITNESS WHEREOF, the said ROSE. EXPLORATION ASSOCIATES, LTD.
LIABILITY CO., as Assignor, executed this instrument this/_1:7~/.~ day of ~)~, ~.
ROSE EXPLORATION ASSOCIATES, LLC. ROSE EXPLORATION ASSOCIATES LLC
A Colorado Limited Liability Company A Colorado Limited Liability Company
Leo C. Gerard, Manager x,
M.E. Wynn~,'~anager
ACKNOWLEDGEMENT
STATE OF COLORADO )
) ss.
COUNTY OF DENVER )
On this/~ day of ~, ~/, before me personally appeared M.E. Wynne
and Leo C. Gerard, to me personally lmom, who, being by me duly sworn, did say that they are
Managers of ROSE EXPLORATION ASSOCIATES, LLC., and that the seal affixed to Said
instrument was signed and sealed on behalf of said ROSE EXPLO~TION ASSOCIATES,
LLC., and said M.E. Wynne and Leo C. Gerard ac~owledged said instrument to be the free act
and deed of said company.
WITNESS my hand and seal this /~¢~ day of ~,
My Commission expires: ~]]~/~
'. A,, .. ~' ~ Notary Public