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HomeMy WebLinkAbout973323SPECIAL WARRANTY DEED THE STATE OF WYOMING KNOW ALL BY THESE PRESENTS: COUNTY OF LINCOLN Execution Version 0515 THAT, BP AMERICA PRODUCTION COMPANY, a Delaware corporation "Grantor with an address of 501 WestLake Park Boulevard, Houston, Texas 77079 and TOC- ROCKY MOUNTAINS INC., a Delaware corporation, with an address of 501 WestLake Park Boulevard, Houston, Texas 77079 (together, the "Grantor for and in consideration of the sum of Ten and No /100 Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which consideration are hereby acknowledged, hereby GRANTS, SELLS AND CONVEYS to ANADARKO TITLEHOLDER 1 LLC, a Delaware limited liability company "Grantee whose address is 1099 18 Street, Suite 1800, Denver, Colorado 80202 -1918, the following described property, to -wit: BEING those certain tracts of land located in Lincoln County, Wyoming described by metes and bounds on Exhibit "A" attached hereto and fully made a part hereof by reference for all purposes (collectively, the "Land together with all plants and all buildings and other permanent improvements located thereon, and further together with all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof (all of the foregoing is collectively referred to herein as the "Property and any and all easements or right to use easements relating to the Land, and all the estate, right, title, interest, claim and demand whatsoever of the Grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances. SUBJECT, HOWEVER, to the encumbrances referred to on Exhibit "B" attached hereto (the "Permitted Encumbrances TO HAVE AND TO HOLD the Property (subject to the Permitted Encumbrances) unto Grantee, its successors and assigns FOREVER; and Grantor does hereby bind itself and its successors and assigns to WARRANT AND FOREVER DEFEND all and singular the title to the Property unto Grantee, its successors and assigns, against claims made by, through or under Grantor, subject, however, to the Permitted Encumbrances. This Special Warranty Deed is made in accordance with and is subject to the terms, covenants and conditions contained in that certain Purchase and Sale Agreement dated July 23, 2013, by and between Grantor and Grantee, as assignee in interest of Anadarko Petroleum Corporation, as amended "Purchase and Sale Agreement a copy of which can be obtained from Grantee at the above referenced address. If there is a conflict between the provisions of the Purchase and Sale Agreement and this Special Warranty Deed, the provisions of the Purchase and Sale Agreement shall control. Capitalized terms utilized but not defined herein shall have the meaning set forth in the Purchase and Sale Agreement. Gardere0l 6348974v.3 Page 1 RECEIVED 9/18/2013 at 3:45 PM RECEIVING 973323 BOOK: 820 PAGE: 515 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY 0516 This Special Warranty Deed may be executed in counterparts, each of which shall be deemed an original instrument, but all such counterparts together shall constitute but one agreement. No Party shall be bound until such time as all of the Parties have executed counterparts of this Special Warranty Deed. To facilitate recordation or filing of this Special Warranty Deed, each counterpart filed with a county or state agency or office may contain only those portions of the Exhibits to this Special Warranty Deed that describe property under the jurisdiction of that agency or office. Complete copies of this Special Warranty Deed containing the entire Exhibits have been retained by Grantor and Grantee. Gardere01 6348974v.3 [Signature Page to Follow] Page 2 SPECIAL WARRANTY DEED Executed on the 30 day of August, 2013, but effective as of April 1, 2013 at 7:00 a.m., local time where the Properties are located. GARDERE01 6348974v.3 GRANTOR: BP A ERICA PRODUCTION COMPANY By C h4 Name: John M. Kaf enes Title: Authorized Person TOC OCKY MOUNTAINS INC. B !u L �c Name: John Ka enes Title: Attorney -in -Fact GRANTEE: ANADARKO TITLEHOLDER 1 LLC By: Nam. Terms 1, WIndUUr c,( Title: hum.fill-i-Y1-F(4/0) SIGNATURE PAGE 4517 SPECIAL WARRANTY DEED STATE OF TEXAS COUNTY OF HARRIS \1111111111// KATHY S. JOHNSON ti 1 Notary Public, State of Texas r ra Y Commission Expires 09 -20 -2016 lllll'llllJ-rllllll- �llltlll [SEAL] GARDERE01 6348974v.3 The foregoing instrument was acknowledged before me this 30 day of August, 2013 by John M. Kaffenes, as Authorized Person and Attorney -in -Fact for BP AMERICA PRODUCTION COMPANY and TOC -ROCKY MOUNTAINS INC., respectively, each a Delaware corporation, on behalf of said corporations. Witness my hand and official seal. My Commission expires: a o ;").0/‘ NOTARY PAGE 0518 SPECIAL WARRANTY DEED STATE OF TEXAS COUNTY OF HARRIS 0519 The foregoing instrument was acknowledged before me this 30 day of August, 2013 by IG✓ry L• W,�dLI 3> per, �ne t=c`� for ANADARKO TITLEHOLDER 1 LLC, a Delaware limited liability company, on behalf of said company. [SEAL] Witness my hand and official seal. My Commission expires: 9c;.,20-0/6. AS KATHY S. JOHNSON Notary Public, State of Texas Commission Expires 09 -20 -2016 GARDERE01 6348974v.3 NOTARY PAGE SPECIAL WARRANTY DEED A g r 0 c U' c O 0. c 0 4.1 u GJ N to a Y O O m CI ra w 0 W 1) Ll 0 z 0 H cc 0 a z 5 w z_ 0 z J 0 U z J LJ. N N rI a-i z N N 0 00 Ln 01 N r-I 00 0 GO z 0 F- 0 0 a 0 0 a a u z a 2 0 U 0520 Exhibit `B" TO THE SPECIAL WARRANTY DEED Permitted Encumbrances With respect to a Property, any and all of the following: (a) royalties, overriding royalties, sliding scale royalties, production payments, reversionary interests, convertible interests, net profits interests and similar burdens encumbering any Property; (b) consents to assignment and similar agreements with respect to which waivers or consents are obtained from the appropriate Persons prior to Closing or with respect to which Grantor has post Signing Date obligations under Section 3.3 of the Purchase and Sale Agreement, and Customary Post Closing Consents; (c) Applicable Preferential Rights and similar contractual provisions affecting such Property that (in connection with the transactions contemplated by this Agreement) either have been waived in writing or for which the time period during which such Applicable Preferential Rights or other similar right must be exercised has expired (without the exercise of such preferential purchase right or other similar right); (d) rights to consent by, required notices to and filings with a Governmental Authority associated with the conveyance of such Property, including Customary Post Closing Consents; (e) terms and conditions of Permits affecting the Properties and any other rights reserved to or vested in a Governmental Authority having jurisdiction to control or regulate such Property in any manner whatsoever and all Laws of such Governmental Authorities; (fl Easements, grazing rights, logging rights, ponds, lakes, waterways, canals, ditches, reservoirs, equipment, pipelines, utility lines, railways, streets, roads and structures on, over, under and through such Property; provided, however, that such encumbrances do not interfere materially with the use or operation of such Property affected thereby for the purpose for which such Property is currently used or the handling, processing, storage, sale or transportation of production from such Property; (g) the terms and conditions of unitizations, communitizations, poolings, agreements, instruments, licenses and permits affecting such Property; (h) the terms and conditions of the Applicable Contracts disclosed to Grantee; (i) Encumbrances for current period Taxes not yet delinquent or, if delinquent, that are being contested by Grantor in good faith in the normal course of business, to the extent the amounts secured by such Encumbrance(s) have been taken into account as a reduction to the Purchase Price pursuant to Article VI of the Purchase and Sale Agreement; GARDERE01 6348974v.3 EXHIBIT B SPECIAL WARRANTY DEED 0522 (j) Encumbrances of operators relating to obligations not yet delinquent or, iT delinquent, that are being contested by Grantor in good faith in the normal course of business and that are expressly disclosed on Exhibit "A -7" of the Purchase and Sale Agreement; (k) statutory Encumbrances, including mechanics', carriers', workers', repairers' and other similar Encumbrances and the rights of customers, suppliers and subcontractors arising or incurred in the ordinary course of business, not yet delinquent or, if delinquent, that are being contested by Grantor in good faith in the normal course of business; (1) Imbalances associated with such Property; (m) the terms of any Operative Document; (n) any Encumbrance expressly set forth on Exhibit "A -7" of the Purchase and Sale Agreement; and (o) such Encumbrances, defects or irregularities in the title to such Property that in the aggregate do not materially interfere with the ownership or operation of such Property affected thereby as such Property was owned or operated as of the Signing Date and that would not be considered material when applying general standards in the industry. GARDERE01 6348974v.3 EXHIBIT B SPECIAL WARRANTY DEED