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Home My WebLink About867148Ss 1 'ary albs ?1 inir 00 i !j iv Er1VS 3O 11111(INV Itsla AIDISSV 03A2038 c, �n4 LP 110 ;i1111 I „sisaraluI paldaoxg„ aul Pair Tang Sui q gdeaured stgl ut of pazrajaz spud puoptppp Ate ut swami! 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Jo urns agl Jo uotlexapisuon ut pue Io3 „Iou2Issy„ Paile3 IagBUtalag) ZOI9L sexai `Tom 1 `OOOZ arms ')aaxlS uolsnog 018 st SSOIPPB asogM `uot1ElodxOO axeMElaU B `AAIVdI1IOD 'IIO summit, SSOup Bill L98 NIOJ■II'I 30 AJdNIf1OD DNWIOAM 30 MINIS HRL aDdd x` i l MOM ptiti71. 136 All of the above real and personal properties, rights, titles, and interests described in subparagraphs (a) through (d) above, subject to the limitations and terms expressly set forth herein and in the Exhibit "A" attached hereto, but excluding the Excepted Interests, are hereinafter collectively called the "Property". This Assignment shall be effective as of August 1, 2000, at 7:00 a.m. local time where the Property is located "Effective Time Assignee hereby agrees that all oil in the lease tanks above the pipeline connections as of the Effective Time is excluded from this sale and is reserved by and remains the property of Assignor. The quantity and the grade of such oil shall be ascertained jointly by Assignor and Assignee as of the Effective Time, and Assignor will bill Assignee for the value thereof on the basis of the posted price then prevailing in the field for oil of similar grade and quality. Further, Assignee agrees that all gas produced and the proceeds of gas produced prior to the Effective Time shall likewise remain the property of Assignor. THIS ASSIGNMENT IS MADE WITHOUT WARRANTIES, EXPRESSED OR IMPL IRD IN FACT OR IN LAW, AS TO TITLE, MERCHANTABILITY, DURABILITY, USE, OPERATION, FITNESS FOR ANY PARTICULAR PURPOSE, CONDITION. OR SAFETY OF THE PROPERTY, COMPLIANCE WITH REGULATORY AND ENVIRONMENTAL REQUIREMENTS OR OTHERWISE. ASSIGNOR DOES NOT IN ANY WAY REPRESENT OR WARRANT THE ACCURACY OR COMPLETENESS OF ANY INFORMATION, DATA OR OTHER MATERIALS (WRITTEN OR ORAL) FURNISHED TO ASSIGNEE BY OR ON BEHALF OF ASSIGNOR. ASSIGNEE HEREBY AGREES THAT IT HAS INSPECTED OR HAS BEEN GIVEN THE OPPORTUNITY TO INSPECT THE PROPERTY, INCLUDING THE LEASES AND ASSOCIATED AGREEMENTS, WELLS, PERSONAL PROPERTY AND EQUIPMENT ASSIGNED AND CONVEYED HEREIN AND THAT IT ACCEPTS THE SAME "AS IS" AND "WITH ALL FAULTS Assignee agrees to assume all responsibility for the wells, the casing and leasehold equipment in and on said wells, and all other personal property used on or in connection therewith before,. on and after the Effective Time, and Assignee agrees to indemnify, defend and hold Assignor and Assignor's directors, officers, contractors, subsidiaries, agents and employees (collectively, "Assignor Group harmless from and against any and all liabilities, losses, claims, demands, causes of action, costs and expenses (including, but not limited to, court costs and reasonable attorneys' fees) of every kind and character (collectively, "Losses arising out of, incident to, or in connection with the Property, or Assignee's or other parties' operations on the Property, arising or occurring before, on or after the Effective Time. Assignee acknowledges that there may have been spills of wastes, crude oil, produced water or other materials in the past onto the Property or in connection therewith. In addition, some oil field production equipment may contain asbestos or naturally occurring radioactive material 2 s.a oissv Avadom oip Jo dtgszoiuzado .io dujsraunno `asn RI 01 pzuUz jinn sLua2e zo sanpuwasazdaz `sagoldwa sat `aauSissy jo suotsstwo zo sloe TIM paloauaoo zo tqq pasneo awp Aug r zo `iadood mmHg iatpo .io i iadoid alp iapun zo uo `ut pup! Cu e jo 'warm Aug jo =aim zo Tusodstp `aouasazd atp `o2 paltwtl iou Inq lutpnTout `awiy anpoaJja atp lope zo uo 'mpg izadozd alp jo uoptpuoo Teluawuonnua Aug qpt t papauuoo zo `&q pasneo Altjiqup iuu jo 2no 2utsue `wou3 &upinsaz (.raieM punoa zo zaIuM aoojzns `Hos `ne &utpnput) aoznosaz TezMuu 3o uopeunue;uoo zo i i dozd 3o ssol `uoponzlsap `a2umup zo ipuap zo Llnfut Ieuoszad Aug jo Iun000u uo `Iuawwano8 TAT zo a ;els Imam jo anzmuasazdaz zo gouezq `kw& Aug pee suopeznmato `suoszad `suazpp alunud Aug osju pee sanpewasardai zo S2UUBe `saaioldwa s,zou2isSV pug' s,a9u2Issd `02 palnutt Iou Inq Iuipnput `suoszad llg pug Cue iq I112nozq (dn -ueap jo s$oo pug `sasuadxa `sappuad `saurl Tinto &ue `02 palnup loll mg `Sutpnput) sassoZ Tie 2sutae pue wou; ssajwzeq dnozD zouBtssV pioq pug puapap `Ajtuwapui o1 soot& Rgazaq `suatssg pug &tossaoons Si! `aaugtssV SMV'I'IYOO"I 2IO 3.LVIS a'IaVDI'IddY TIV QNV (6Z9Z 'O'S'n ST) Iasi 'IO2IINOD HDNVZSanS DIXOI HRL `('Oas IH T08T. 'O'S'n IDV NOLLVDIOdSNV2TL S'IVRIaLVNI SnOQuuVZVH MIL `(OStT 'O'S'n VT) IOV 2IHIVM DNDINRIQ 3dVS 3H.L `COis 'Ia 9917 'O'S'n IDV 2TaLVM NVTIO 3HZ `('dos 'Ia 1069 Zi) 9L6T dO IDV AATHAOD33T (INV NOILVA'TBSNOD a311110011 HILL 'Ia 1096 'O'S'n ti') QHQN 1" V SV `0861 30 IDV AII'IIaVTI QNV NOILVS■HdIAIOD `HSNOdS321 T'J HY11NIO2IIAN3 HAISNHHa2idIATOD HILL `NOLLVIINTI IflORLIM `DNIQn'IONI `OIH2IHHI amvp IddV NOLLV1f10H'I 210 MV'I ANV 210 AI2IHd02Id HRL 30 NOIIIQNOD TVDISAIld HILL H.LIM QaIOHNNOO a I AVM ANV NI ITO 30 INfODDV NO aSIUV ANT I.VRL `NHHSH2TOdNn 2TO N3HSH21O3 `NMON NNIa 210 NMONN `IOH2IIQNI 210 imam 2IHFuaHM `(SISOO uNY Saa3 SAHNI1O,LLV `NOI,LVI.IImn If1OHJ1A `DNIUn'IONI) 2IaAaoSZVHM SHSNadXH caw SISOO `SIINIH 0aflf `SNH1'I `SHNIId `S3IL'IVNHd `SHSSO'I TIV (NV ANY 11O11d dllOOID 2TONDISSV SHD2TVHDSIu (NV SHSVHT32I IIHAH2103 QNV dn02ID 2IONDISSV 110113 2THAODHHI OZ IHDRT SII SEAIVM HHNDISSV `HAO LY MIL DNIII,I:KrI I/ Imam 'A,111M102Id Mil do HSn I0 dIHS2I3NMO SI'IONDISSV 30 QOIIHd HHI DNRIf1Q 210 H1.IM NOIIOHNNOD NI ITO 11O2I3 DNISIIV ION ITO QNV HDNHDI'IDHN SI'IONDISSV O a'IUVInaI21LLV 21O Aa uHSnVO ION 210 2IHHZHHM `AI2IHdo2Td HilL at IOHdsH21 H.LIM SHSSO'I ANV 110113 df1011D 2TONDISSV SHSVa'IH2I HHNDISSV °sapua2e muawuzano8 3o s2uawannbaz pee suopuln2ai 'sap Ile 1 fl M aouep000u ut saptnpog pamtoossg pug sieualew 'Ions Aue JO Iesodsip pee uopuazodseep `Tunowaz `uopuipawaz `Iuawssasse IpIM uopoauuoo u[ zo 10j JIB sawnssg aau2tssv pug `puno% aq Amu It azaIM Alzadozd atg wolf YIRION pee soisagse 3o Tesodstp 'pug uopulrodsuR.p `Iunowaz `uopetpaurai alp JoJ parmbaz act Awl saznpaoozd Iupods Iutp spuuaszapun ijssazdxa osle aau2tssv °Azadozd atl� uo 3o pasodstp aspluagpo zo paunq act Attu Ieua3ew 2 uprte1uoo NRION 2e1 PUB PI210N ute2uoo but Tamp papnput zo 4zadozd atp uo pa3uool Iuawdmba pue sluualuw 'Rpm plus Wtp pug `swzoj zatpo ut zo `oleos se luawdtnba pull slguOIew 'Rpm 3o aptsut atp o2 Ran! gouge zo x1JJ igw YIRTON 2 t2 spuu2szapun ijssazdxa aauBtssV j `pze8az stg2 uI „y1RION„ su o1 pazzajaz za2uutaza O ?148 INDEMNIFICATION SHALL EXTEND TO AND INCLUDE (I) THE NEGLIGENCE OF ASSIGNOR GROUP, ASSIGNEE AND PARTIES ACTING ON BEHALF OF ASSIGNEE, WHETHER SUCH NEGLIGENCE IS ACTIVE OR PASSIVE, JOINT, SOLE OR CONCURRENT AND (II) ASSIGNOR'S STRICT LIABILITY. This indemnification shall be in addition to any other indemnity provisions contained in this Assignment, and it is expressly understood and agreed that any terms of this paragraph shall control over any conflicting or contradicting terms or provisions contained in this Assignment. Assignee shall properly plug and abandon at Assignee's expense all wells herein assigned or located on the Property and shall clean and restore the surface at Assignee's expense and in accordance with the applicable lease provisions and State and Federal rules and regulations pertaining to the plugging and abandoning of such wells and the restoration of such surface. Assignee shall indemnify, defend and hold Assignor Group harmless from and against all Losses as a result of Assignee's failure to comply with the provisions of this paragraph and this Assignment. All taxes, including but not limited to ad valorem, property, severance and windfall profit taxes, shall be prorated between Assignor and Assignee as of the Effective Time, with Assignor responsible for all such taxes accruing prior thereto and Assignee responsible for all such taxes accruing thereafter. Assignor will reimburse Assignee for Assignor's share of ad valorem taxes due on oil or gas produced prior to the Effective Time, but not payable until after the Effective Time. Assignee shall bear and pay any real property transfer taxes and any recording fees associated with the transfer of the Property. Assignee agrees to be solely responsible for any and all sales taxes, if any, due on equipment, material and property hereby assigned and sold, and Assignee shall remit such sales taxes to the proper taxing authority. Assignee agrees to perform all operations in compliance with all applicable Local, State, Indian and Federal laws, orders, rules and regulations, and to observe, perform and abide by all of the lease terms and provisions, express and implied, applicable to Assignor's interest in the Property. Assignee further agrees to secure the bonds, permits and other documents as required by the appropriate regulatory authority which are necessary to effectuate the transfer of interests hereby and to cause the release of Assignor's continued liability as lessee or operator. The parties hereto agree to execute such additional documents or instruments as necessary to transfer Assignor's interest in any State, Federal or Indian oil and gas properties assigned hereby to Assignee. Assignee accepts this transfer of Property subject to any and all covenants in instruments in the chain of title and to any outstanding agreements, whether recorded or not, which may include, but is not limited to, agreements for options, leases, permits, rights -of -way, easements, water disposal systems, licenses, operating agreements and production sales agreements; and 'in this regard, Assignee assumes all duties and obligations associated with said outstanding agreements, including, but not limited to, all of Assignor's rights and obligations in and for any gas sales, production or transportation imbalances, whether as a result of overproduction or underproduction by Assignor. 4 138 •uopeiodzoo eons jo 3pgaq uo. `uoAeiodhoa azenneiaQ a `(uEdwoD it0 siaquu sso1D JO pue'I 4U0Pis04d aaTA 'Jr `ueh$ •S wnnpg Aq `000z jo Cep atp uo aw aiojaq pagpainnoupE SEM 3uawnzzsut situ JO Al IsMOD SVX JO a.LVLS f; £T oiignd p-o r Vj" .LNa I mid :MI, Td UNVIILSa?I i :MIEN .fig 'DIM `9? nIaaNIIONa aNV' ILSQ2IOI�I PUEZ auaPisaid ao!A •ir RAII •S uinnpg 7 :,fig :g'3NJISSy :sandxg uorssrwwo0 AN ANWTAIOD 110 S2IH W'I L SSO'TD :2I0AIJISSV •awry aAAoa33g ate 3o sE anpoajja lnq `0002 `iCjnr jo kep 4 S142 Gain= •oiaraq sap.Ed anpoadsaz aqi JO su 1 pue sanpeauasaJdaa Ieuosiad `sjossaoons `snag jo wauaq ag o2 ainur pue uodn &utpwq aq A ales jo Iilg pue luawu2tssy situ •ucaraq JouSIssv kg paun ai paldaoxg Aug jo asn aaiew JO doianap 01 AJESSaoau 11.101x0 sasea7 0142 g2inn pa2etoosse 10 Tang Pau2lsse s1uawasna pue shnn jo -2tpu 014130 asn pue oI ssa0E Jo slttu anisnioxauou 0142 saniasai Xlssa idxa iou2!ssy 8iftil.9 0 030 ?1.'8 STATE OF TEXAS COUNTY OF HARRIS ACKNOWLEDGMENT Before me, the undersigned, a Notary Public in and for said County and State, on this day personally appeared CARL S. NORDSTRAND P.E. known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he /she executed the same for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 12th day of July, 2000. MELISSA A. LEE MY COMMISSION EXPIRES September 16, 2003 Notary P +lic in and or the State of Texas 140 0867148 0 z O O CO N N 0 M N cc J 0 W O m W (0 U N N W W CO a; CO Q N m O W J m 0 N Q U U Z Z CO m 4 141