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HomeMy WebLinkAbout973111STATE OF WYOMING COUNTY LINCOLN ASSIGNMENT OF OVERRIDING ROYALTY INTEREST 0612 RECEIVED 9/5/2013 at 2:06 PM RECEIVING 973111 BOOK: 819 PAGE: 612 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY WHEREAS, by virtue of that certain Assignment of Overriding Royalty Interest effective March 1, 2013, between Entech Enterprises, Inc., as Assignor, and Sealark Investments, LLC, et al, as Assignee, recorded at File #971521, at Book 813, Page 805, in the records of Lincoln County, Wyoming "Prior Assignment Assignor conveyed to Rave Energy, Inc., dba GEP III 10% of Assignor's overriding royalty interest in the properties described therein; NOW THEREFORE, Rave Energy, Inc., dba GEP III, whose address is P.O. Box 3087, Houston, TX 77253, (hereinafter referred to as "Assignor for and in consideration of TEN AND NO /100 DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which considerations are hereby acknowledged, has GRANTED, BARGAINED, SOLD, CONVEYED, and ASSIGNED, subject to the conditions below stated, and by these presents does hereby GRANT, BARGAIN, SELL, CONVEY and ASSIGN ALL of Assignor's right, title and interest in and to the overriding royalty interest in the Prior Assignment in the proportions of: an undivided 50% of Assignor's interest in the Prior Assignment unto J. Richard Espinosa, as his separate property and estate, whose address is 47 Gleannlock Estates Drive, Spring, TX 77379 3689 and an undivided 50% of Assignor's interest in the Prior Assignment unto Merrilee Ann Espinosa, as her separate property and estate, whose address is 47 Gleannlock Estates Drive, Spring, TX 77379 -3689 (hereinafter collectively called "Assignee in and to the oil, gas, and other minerals produced, saved and marketed from those certain Oil, Gas and Mineral Leases described on Exhibit "A attached hereto and made a part hereof (hereinafter referred to as "Said Leases Assignor hereby covenants with Assignee, and its successors and assigns, that Assignor will warrant and forever defend title to the interests being herein conveyed in and to Said Leases against the lawful claims and demands of every person claiming or to claim the same or any part thereof, by, through and under Assignor, but not otherwise; provided, however, this instrument is made with full substitution and subrogation of Assignee, in and to all covenants and warranties heretofore given or made in respect of the rights, properties and assets conveyed and transferred hereby, or any part thereof. This assignment and its terms and provisions shall be binding upon the parties hereto, their respective heirs, successors and assigns forever. 0613 EXECUTED this c1th day of August, 2013, but effective as of July 1, 2013 (the "Effective Time ,.`t`e, O 0 0 0 s�q -C f1 A /4" "3 ASSIGNOR: Rave Energy, Inc., dba GEP III Leonard C. Tallerine, Jr. President STATE OF TEXAS COUNTY OF HARRIS This instrument was acknowledged before me on this p&1 )Jday of August, 2013 by Leonard C. Tallerine, Jr., as President of Rave Energy, Inc., dba GEP III, a Texas corporation, on behalf of said corporation. blic in and for e State of Texas LINCOLN COUNTY, WYOMING Lessor: Lessee: Date: Recorded: Description: WELL(S): FONTENELLE II UNIT EXHIBIT "A" United States of America W -38501 February 28, 1983 T25N -R111 W, 6 PM Section 6; Lots 6, 7, E/2 SW /4, SE /4 Section 7: Lots 3, 4, E/2 SW /4, SE /4 0614