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Home My WebLink About869231Effective 11/86 Fonn ML -2 (Revised 4 -96) Filing Fee $25.00 Non Refundable Wyoming Oil Gas Lease Serial Number 99 -00429 Assignment Approval Date ASSIGNOR, with name and address at, Baseline Minerals, Inc. 1645 Court Place, Suite 422 Denver, CO 80222 being the owner of 100 percent LEASEHOLD (Type Interest: Leasehold/Operating Rights /Overriding Royalty) interest in this lease, described in particular if less than the total leasehold as: Townshio 22 North. Ranee 115 West. 6 P.M Section 2: SESE Section 4: SESE Section 8: NWNW Section 12: NWSW Lincoln County, Wyoming 160 acres more or less For good and valuable consideration, hereby assigns to: 1) ASSIGNEE, with name and address at: Condor Exploration, LLC 7538 South Salida Court Aurora, CO 80016 State of Wyoming Board of Land Commissioners Oil Gas Lease Interest Assignment 100 percent interest in the total leasehold, or as described in particular above. 2) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. 3) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. 4) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. 5) ASSIGNEE, with name and address at: percent interest in the total leasehold, or as described in particular above. and reserving unto ASSIGNOR, _0.50000% Overriding Royalty Interest Return to: State Land Farm Loan Office 122 West 25th Street Herschler Building, 3 West Cheyenne, WY 82002 -0600 OCT 16 2000 454 6 4 BOOK PR PAGE Page 1 of 2 of Lease 99 -00429 assignment dated July 14, 2000 This assignment is subject to any existing overriding royalties previously reserved. Reservations of overriding interests m,t be approved by the Director, and any such approval is subject to the condition that overriding royalties may be canceled by the Board of Land Commissioners if it finds that such overriding royalties create a burden on the lease which prevents or unreasonably interferes with its development. ASSIGNOR certifies by signature on reverse, that ASSIGNOR is the owner of the interest above herein transferred, and ASSIGNEE(S) certify(ies) by signing on the reverse that this assignment constitutes a binding acceptance of all the terms, conditions, stipulations, restrictions and statutes governing the lease described above, and of the Rules of the Board, at Chapter 6, Leasing of Subsurface Resources. This form may be duplicated. 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