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HomeMy WebLinkAbout971328ASSIGNMENT AND BILL OF SALE NOTICE IS TAKEN OF THE FOLLOWING: 0099 THIS ASSIGNMENT AND BILL OF SALE (the "Assignment is made and entered into as of the a..oZ day of figiS er 2013, to be effective for all purposes as of February 1, 2013, by Janet A. Loef individually and as Independent Executor of the Estates of Payton V. Anderson, and of the Estate of Evelyn B. Anderson, both deceased (collectively the "Estates and Gary Anderson Fell and Nancy Anderson Olson (such three (3) individuals being all the beneficiaries of the Estates) whose address is for purposes of this transaction P.O. Box 132947, The Woodlands, Texas 77393 (collectively the "Assignor to Magic Dog Oil Gas, Ltd., a limited partnership organized under the law of the State of Texas, whose address is also Post Office Box 10708, Midland, Texas 79702 (the "Assignee A. Assignor is the owner of fee mineral interests, participating and non-participating royalty interests, oil and gas leasehold interests, overriding royalty interests, and other interests in minerals in Lincoln County, Wyoming. B. Assignor intends to convey hereunder all of the mineral interests owned by the Estates, including the Estates' interest in W. D. Anderson Sons and the Estate of W. D. Anderson, Deceased, in Lincoln County, Wyoming to Assignee. NOW, THEREFORE, for and in consideration of the premises and Ten Dollars and other valuable consideration and Assignee's agreement to and acceptance of the terms of this Assignment, the receipt and sufficiency of which are specifically acknowledged by Assignor, Assignor does hereby bargain, sell, grant, convey, and assign to the Assignee all of his right, title, and interest in and to any and all mineral interests, participating and non participating royalty interests, oil and gas leasehold interests, overriding royalty interests, and other interests in minerals in Lincoln County, Wyoming, said interests specifically including the following property: i. Those mineral interests, participating and non participating royalty interests, oil and gas leasehold interests, overriding royalty interests, and other interests in oil and gas leases, leasehold interests, working interest, production payments and rights and interests attributable or allocable to such interests created by virtue of ce pooling, unitization, communitization, and operating agreements, licenses. w permits, and other agreements described on the Exhibit "A" attached hereto and Q made a part hereof for all purposes (the "Subject Leases insofar and only N oo cv cr 2 insofar, as the Subject Leases cover those lands that are also described on the w Q Y same Exhibit "A" (the "Subject Lands o a� a w 11. The wells and wellbores located upon the Subject Lands, as well as any and all N z v items of personal property, surface and subsurface fixtures, materials, supplies, z Q and equipment located upon the Subject Leases and the Subject Lands (the w w "Subject Equipment and V Y O u.i x O Z iii. All unitization, communitization, pooling, and operating agreements, and the V m W O units created thereby that relate to the Subject Leases or interests therein z -1- J described or that relate to any units or wells located on the Subject Lands, including any and all units formed under orders, regulations, rules, and other official acts of the governmental authority having jurisdiction, together with any right, title, and interest created thereby in the Subject Leases, insofar as they cover the Subject Lands (the "Subject Agreements iv. This Assignment shall convey to Assignee all mineral interest, including all the Subject Interests, as hereinafter defined, currently held by Assignor in the Estate of W. D. Anderson, Deceased and in W. D. Anderson Sons located in Lincoln County, Wyoming. All of the right, title, and interest of the Assignor in any and all mineral interests, participating and non participating royalty interests, oil and gas leasehold interests, overriding royalty interests, working interest, production payments and other interests in minerals in Lincoln County, Wyoming, specifically including all right, title, and interest of the Assignor in the Subject Leases, Subject Lands, Subject Equipment, and Subject Agreements, are collectively referred to herein as the "Subject Interests." TO HAVE AND TO HOLD the Subject Interests unto Assignee, and its successors, and assigns, forever, subject to the following terms and conditions: 1. This Assignment is accepted subject to, and Assignee agrees to assume and perform, any and all of the liabilities and obligations, or alleged or threatened liabilities and obligations, of Assignor under the Subject Interests and any existing oil and gas leases, assignments, operating agreements, product purchase and sale contracts, leases, permits, rights -of -way, licenses, easements, options, orders, and any other agreements or contracts attributable to and affecting the Subject Interests, including, but not limited to, any and all obligations: (a) to pay and deliver royalties, overriding royalties, non participating royalties, and other burdens on production; (b) in connection with or arising out of balancing of overproduction or underproduction from the Subject Interests; and (c) in compliance with all laws and governmental regulations with respect to the Subject Interests including, but not limited to, the lawful plugging and abandonment of oil and gas wells and the restoration of the surface of the land as nearly as possible to its condition prior to the execution of the Subject Leases, whether or not such liabilities and obligations, or alleged or threatened liabilities and obligations, are caused by Assignor's negligence and whether or not such liabilities and obligations, or alleged or threatened liabilities and obligations, arise during the period of, or from, or in connection with Assignor's ownership or operation of the Subject Interests. Without limitation of the foregoing, Assignee agrees to assume and perform any and all of the liabilities and obligations, or alleged or threatened liabilities and obligations, of Assignor for claims, losses, damages, costs, expenses, diminutions in value, suits, and causes of action of any kind or character, with respect to the environmental conditions of the Subject Interests, regardless of when the events occurred that caused such condition to exist and whether or not caused by or attributable to Assignor's negligence. Assignee shall, to the fullest extent permitted by law, protect, defend, indemnify, and hold Assignor and his heirs, successors, and assigns, harmless from and against any and all claims, losses, damages, costs, expenses, diminutions in value, suits, causes of action, or judgments of any kind or -2- �.JUO94 character with respect to any and all liabilities and obligations or alleged or threatened liabilities and obligations, including, but not limited to, any interest, penalty, and attorneys' fees and other costs and expenses incurred in connection with investigating or defending any claims or actions, whether or not resulting in any liability, attributable to, or arising out of: (x) ownership or operation of the Subject Interests subsequent to the date of this Assignment, and (y) Assignee's assumption of any liability or obligation in accordance with this provision. 2. THIS ASSIGNMENT IS EXECUTED, DELIVERED, AND ACCEPTED WITHOUT ANY REPRESENTATION, WARRANTY, OR COVENANT OF TITLE OF ANY KIND OR NATURE, EITHER EXPRESS, IMPLIED OR STATUTORY. THE SUBJECT INTERESTS ARE CONVEYED AND ASSIGNED TO AND ACCEPTED BY ASSIGNEE IN THEIR "AS IS, WHERE IS" CONDITION AND STATE OF REPAIR, AND WITH ALL FAULTS AND DEFECTS, WITHOUT ANY REPRESENTATION, WARRANTY, OR COVENANT OF ANY KIND OR NATURE, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MARKETABILITY, MERCHANTABILITY, QUALITY, CONDITION, OR FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. IT IS UNDERSTOOD AND AGREED THAT ASSIGNEE SHALL ACCEPT ALL OF THE SAME IN THEIR "AS IS, WHERE IS" CONDITION AND STATE OF REPAIR AND WITH ALL FAULTS AND DEFECTS, INCLUDING, BUT NOT LIMITED TO, THE PRESENCE OF NATURALLY OCCURRING RADIOACTIVE MATERIAL "NORM IN ADDITION, ASSIGNOR MAKE NO REPRESENTATION, COVENANT, OR WARRANTY, EXPRESS, IMPLIED, OR STATUTORY, AS TO THE ACCURACY OR COMPLETENESS OF ANY DATA DELIVERED TO ASSIGNEE WITH RESPECT TO THE SUBJECT INTERESTS, OR CONCERNING THE QUALITY OR QUANTITY OF HYDROCARBON RESERVES, IF ANY, ATTRIBUTABLE TO THE SUBJECT INTERESTS, OR THE ABILITY OF THE SUBJECT INTERESTS TO PRODUCE HYDROCARBONS, OR THE PRICES THAT ASSIGNEE WILL BE ENTITLED TO RECEIVE FOR SUCH HYDROCARBONS. 3. This Assignment shall inure to the benefit of and be binding upon the parties hereto, their heirs, successors, and assigns. 4. To effect a distribution of the interests to Assignee, and recognize Assignee as the owner of all interests conveyed by this Deed, Assignor appoints Robert W. Hodge as its Agent and Attorney in Fact for the purposes of executing any and all Division Orders, directions for payment and /or Transfer Orders, on behalf of Assignor, for the purposes of recognizing Assignee as the owner of all interest conveyed to it by this Assignment and Bill of Sale. 5. Assignor agrees to execute such further and additional documents as may be necessary to give full effect to the transfer and conveyance of all of Assignor's interests to Assignee. 3 6. This Assignment may be executed in any number of original counterparts, each of which shall be binding upon that party or those parties executing it. For ease of recording, each of the parties agrees that the party responsible for recording this Assignment may attach separately executed signature pages to the main body of this Assignment and record the collated copies in each of the counties and parishes in which any portion of the Secured Interests is located. 7. When Janet A. Loeffler executes this Assignment as Independent Executor of the Estates of Payton V. Anderson and of Evelyn B. Anderson, both deceased, she is liable only in those capacities and only to the extent that she has assets of the Estates in those capacities. EXECUTED and effective as of the day and year first written above. Address: P.O. Box 132947 The Woodlands, Texas 77393 Address: P.O. Box 10708 Midland, Texas 79702 ASSIGNOR et A. Loeffler, in ividua 1 %s Independent Executor of the Estates of Payton V. Anderson and of Evelyn B. Anderson, Both Deceased Nancy Anderso Olson ASSIGNEE Magic Dog Oil Gas, Ltd. Robert W. Hodge, Vice President of NorthStar Operating Company, General Partner for Magic Dog Oil Gas, Ltd. 4 STATE OF TEXAS COUNTY OF MONTGOMERY I, Debbie Kendrick, a notary public of the State of Texas, hereby certify that Janet A. Loeffler, whose name is signed to the forgoing instrument, and who is known to me, acknowledged before me on this 22nd day of May, 2013 that, being informed of the contents of the instrument, she executed the same voluntarily on the day the same bears date. Given under my hand this 22nd day of May, 2013. DEBBIE KENDRICK Notary Public *4 STATE OF TEXAS �A9T OR' My Comm. Exp. 10/27/ STATE OF TEXAS COUNTY OF MONTGOMERY ACKNOWLEDGMENTS Notary Public in and for the State of Texas Printed Name: Debbie Kendrick Commission Expires: October 27, 2014 I, Debbie Kendrick, a notary public of the State of Texas, hereby certify that Gary Anderson Fell, whose name is signed to the forgoing instrument, and who is known to me, acknowledged before me on this 22nd day of May, 2013 that, being informed of the contents of the instrument, he executed the same voluntarily on the day the same bears date. Given under my hand this 22nd day of May, 2013. ,4Pa e"� DEBBIE KENDRICK a, Notary Public STATE OF TEXAS 4.- My Comm. Exp. 10/27/2014 Notary Public in and for the State of Texas Printed Name: Debbie Kendrick Commission Expires: October 27, 2014 5 STATE OF TEXAS COUNTY OF MONTGOMERY I, Debbie Kendrick, a notary public of the State of Texas, hereby certify that Nancy Anderson Olson, whose name is signed to the forgoing instrument, and who is known to me, acknowledged before me on this 22nd day of May, 2013 that, being informed of the contents of the instrument, she executed the same voluntarily on the day the same bears date. Given under my hand this 22nd day of May, 2013. STATE OF TEXAS DEBBIE KEND RICK Notary Puic STATE OF TEiX! l My Comm. Exp. y COUNTY OF MIDLAND I, Morgan Thomas, a notary public of the State of Texas, hereby certify that Robert W. Hodge, Vice President of NorthStar Operating Company, a Texas corporation, acting as General Partner for Magic Dog Oil Gas, Ltd., a Texas limited partnership, whose name is signed to the forgoing instrument, and who is known to me, acknowledged before me on this 22nd day of May, 2013 that, being informed of the contents of the instrument, he executed the same voluntarily on the day the same bears date. Given under my hand this 22nd day of May, 2013. MORGAN ANN THOMAS Notary Public STATE OF TEXAS My Comm. Exp. Febwary 11, N 14 Notary Public in and for the State of Texas Printed Name: Debbie Kendrick Commission Expires: October 27, 2014 tr Notary Pub l c in and for the State of Texas Printed Name: Morgan Thomas Commission Expires: February 11, 2014 6 0043 rtc V! y roi r.. 0 ro O co 0 fD "L7 0 ro r ro a arQ c 0 4 cr O O t ar O 0 O a' ffQ CA CA O r crl crl 000)8