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HomeMy WebLinkAbout976474ASSIGNMENT OF OVERRIDING ROYALTY INTEREST STATE OF WYOMING COUNTY OF LINCOLN THAT, Van K. Bullock, whose address is P.O. Box 484, Morrison, Colorado (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: AS TO SAID LEASE DESCRIBED ON EXHIBIT A: KNOW ALL MEN BY THESE PRESENTS 76479 c Van, Bu lo /76474 5/2/2014 3:36 PM _INCOLN COUNTY FEES: $18.00 PAGE 1 OF 3 300K: 831 PAGE: 517 ASSIGNMENT IEANNE WAGNER, LINCOLN COUNTY CLERK 111111111111111111 1111 I I I I 1 "L "I 11111111111111111111111111111111111 ASSIGNEE PERCENTAGE Phillip W. Boonenberg, Trustee for the W.G. Boonenberg Royalty Trust 1801 Broadway, Suite 1550 Denver, Colorado 80202 Van K. Bullock P.O. Box 484 Morrison, Colorado 80465 -0484 CHK Resources Inc. 1237 Shady Oaks Lane Fort Worth, Texas 76107 -3557 1.50% of 8 /8ths 1.50% of 8 /8ths 1.50% 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. 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. IN WITNESS WHEREOF, this instrument is executed this of April 2014, however shall be effective on the Effective Date of each lease described in Exhibit A attached hereto and made a part hereof. STATE OF COLORADO COUNTY OF JEFFERSON The foregoing instrument was acknowledged before me by Van K. Bullock this 075 day of April, 2014. Witness my hand and official seal. My Commission Expires: IS Notary Public 4. Name:d �4, LESSOR LESSEE EFFECTIVE DATE TWP RNG MER LEGAL DESCRIPTION COUNTY, STATE GROSS ACRES WYW164009 Van K. Bullock 11/1/2005 TO18N R115W 6 PM Section 20: All Section 28: All Section 32: SE Uinta, WY 1440.0000 WYW164534 Van K. Bullock 1/1/2006 TO18N R115W PM Section 04: Lots 1 -4, S2N2, S2 Uinta, WY 648.9600 WYW164810 Van K. Bullock 1/1/2006 TO2ON R115W 6 PM Section 08: W2 Section 10: E2 Lincoln, WY 640.0000 WYW177524 Van K. Bullock 11/1/2010 T020N R114W 6 PM Section 08: All Section 10: All Section 20: All Section 22: E2 Section 28: S2 Lincoln, WY 2560.0000 WYW179188 Van K. Bullock 5/1/2011 TO19N R114W 6 PM Section 04: Lots 1 -4, S2N2, S2 Section 06: Lots 1 -7, S2NE, SENW, E2SW, SE Lincoln, WY 1287.5200 EXHIBIT A Attached to and made a part of Assignment of Overriding Royalty Dated April 2 2014, however shall be effective on the Effective Date of each lease described in this Exhibit A, between Van K. Bullock, W.G. Boonenberg Royalty Trust and CHK Resources, Inc. 83% NRI Leases