HomeMy WebLinkAbout976453COUNTY OF LINCOLN
ASSIGNMENT OF OVERRIDING ROYALTY INTEREST
STATE OF WYOMING
Van K. Bullock
P.O. Box 484
Morrision, Colorado 80465 -0484
CHIC Resources Inc.
1237 Shady Oaks Lane
Fort Worth, Texas 76107 -3557
AS TO SAID LEASE DESCRIBED ON EXHIBIT A:
Phillip W. Boonenberg, Trustee
for the W.G. Boonenberg Royalty Trust
1801 Broadway, Suite 1550
Denver, Colorado 80202
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KNOW ALL MEN BY THESE PRESENTS
THAT, W.G. Boonenberg, whose address is 1801 Broadway, Suite 1550, Denver, Colorado
80202, (hereinafter called "Assignor for and in consideration of the sum of Ten Dollars ($10.00), cash
in hand paid, and other good and valuable considerations, the receipt and sufficiency of which are hereby
acknowledged, does hereby TRANSFER, CONVEY, ASSIGN and DELIVER unto the following named
Assignees an undivided Overriding Royalty Interest, equal to the amount opposite the Assignees' name
below, of all oil, gas and other minerals that may be produced, saved and sold from or attributable to the
lands covered by and under the Oil, Gas and Mineral Lease described in Exhibit "A attached hereto and
made a part hereof (hereinafter called "Said Lease and any renewals, extensions or new leases covering
any part of the leased premises, to -wit:
ASSIGNEE PERCENTAGE
1.00% of 8 /8ths
1.00% of 8 /8ths
1.00% of 8 /8ths
Said Overriding Royalty Interest shall be calculated free and clear of costs and expenses for exploration,
development, primary or enhanced recovery and abandonment operations including, but not limited to,
lease acquisition, drilling and completion, pumping or lifting, recycling, gathering, compressing,
pressurizing, heater treating, dehydrating, separating, storing or transporting the oil to the storage tanks or
the gas into the market pipeline. The Overriding Royalty Interest shall bear its proportionate share of ad
valorem taxes and production, severance, or other excise taxes and the reasonable and actual direct costs
incurred to transport the oil from the storage tanks to market or the gas from the point of entry into the
market pipeline or processing of gas in a processing plant.
The Overriding Royalty Interest assigned hereunder shall apply to any extension or renewal of the
oil and gas lease subject hereto. The renewal of an oil and gas lease is the taking of any oil and /or gas
lease taken within 12 months which such lease or part thereof is offered or acquired following the
expiration, termination, or release of the preceding lease.
976453 5/2/2014 11:15 AM
LINCOLN COUNTY FEES: $18.00 PAGE 1 OF 3
BOOK: 831 PAGE: 413 ASSIGNMENT
JEANNE WAGNER LINCOLN COUNTY CLERK
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In the event that Said Lease cover less than the full oil, gas, and mineral interest in the lands,
purported to be covered hereby, or if Assignor's interest in said lease is less than the full leasehold
interest, then said Overriding Royalty Interest shall be reduced in proportion to the oil, gas and mineral
interest actually covered by Said Lease.
TO HAVE AND TO HOLD said Overriding Royalty Interest unto Assignee, its heirs and assigns,
forever. This Assignment is made without warranty of title, either expressed or implied, except as to
persons claiming or to claim by, through or under Assignor.
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IN WITNESS WHEREOF, this instrument is executed this 6 day of February 10, 2014,
however shall be effective June 2, 2013.
STATE OF COLORADO
COUNTY OF DENVER
My Co 's ion Expires:
�'01
The foregoing instrument was acknowledged before me by W.G. oonenberg this 'day of
February, 2014.
Witness my hand and official seal.
Name:
W.G. Boonenb °i'g
My Commission Expires 8/11/2015
West Moxe Exh A ORRI St WY
EXHIBIT "A"
Lincoln County, Wyoming
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