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HomeMy WebLinkAbout869838KNOW ALL MEN BY THESE PRESENTS: ASSIGNMENT OF OVERRIDING ROYALTY INTEREST Recorded at M r^ In Bo k Page a) t% Kemmerer, WY No. Jeanne Wagner, Clerk THAT, BARRETT RESOURCES CORPORATION, 1515 Arapahoe Street, Tower 3, Suite 1000, Denver, Colorado 80202, hereinafter referred to as "ASSIGNOR for and in consideration of the sum of Ten and no /100 Dollars ($10.00) and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, does hereby transfer, assign, convey and set over unto OSO ENERGY RESOURCES CORP., 755 E. 2 Avenue, Suite 2 -B, Durango, Colorado 81301, hereinafter referred to as "ASSIGNEE an overriding royalty interest of 2% of 8 /8ths of all oil, gas, casinghead gas, and other hydrocarbon substances produced, saved and marketed from those certain lands located in Lincoln County, Wyoming described in Exhibit "A" attached hereto and made a part hereof. If Assignor's interest in any of the lands in Exhibit "A" is less than the entire interest, or if said oil and gas lease covers less than the entire mineral estate, then the above overriding royalty interest shall be reduced proportionately. Said interest shall be free and clear of all cost and expense of all development and operation, but shall nevertheless bear its proportionate part of severance, production and other taxes assessed or assessable as of the date of this Assignment. This Assignment of Overriding Royalty Interest is subject to the terms and conditions of that certain Agreement effective December 31, 1997 among Oso Energy Resources Corp., Emerald Cumberland Company and Barrett Resources Corporation. This Assignment of Overriding Royalty Interest is made without warranty of title, either express or implied. The terms and conditions contained herein shall constitute covenants running with the land and shall be binding upon, and for the benefit of, the respective successors and assigns of ASSIGNOR and ASSIGNEE. IN WITNESS WHEREOF, ASSIGNOR has executed and delivered this Assignment of Overriding Royalty Interest this 1 day of February, 2000. STATE OF COLORADO COUNTY OF DENVER The foregoing instrument was acknowledged before me by Joseph P. Barrett as Attorney -in -Fact for Barrett Resources Corporation, Inc. this 4-f 1 day of Feb 2000. My Commission expires: May b a. S fc �alNlN BARRETT RESOURCES CORPORATION By: P. Barrett, Attorney -in -Fact 0-/ Patti E. Rives, Notary Public 1515 Arapahoe St., Tower 3, Suite 1000 Denver, Colorado 80202 O 0 0 f0 2 lL 0 c o¢,0) Q) Z N c 0 0) c Op o F c O O C 2 )0 0 W Q O C O W (7 re U 4J L W W o M a O Q E o (p o N D E 0 d t A o W 0 N 0) J O N 0) J J U ce N M N CO O U w N J J W 2 CC 0 O U m� L z 0 F- N O O_ O o O O O V (O (0 (D U) (D N- 00 N- N- rn rn rn rn (n u) to to co co co co M M M M 0) 7 M V 0 W N -J -J OL W 0 to O a zU N p N S o8 L. 0 W 0) -J J J OC W 2 0 t 0) IiI 01:5,