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HomeMy WebLinkAbout976475STATE 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: 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 CHI( Resources Inc. 1237 Shady Oaks Lane Fort Worth, Texas 76107 -3557 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 day 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. 976475 5/2/2014 3:39 PM LINCOLN COUNTY FEES: $18.00 PAGE 1 OF 3 BOOK: 831 PAGE: 520 ASSIGNMENT JEANNE WAGNER, LINCOLN COUNTY CLERK 1 11 111 1 111 111 1I II II III II III II III I1 111 11 111 11 111 1 111 ASSIGNMENT OF OVERRIDING ROYALTY INTEREST KNOW ALL MEN BY THESE PRESENTS 1.00% of 8 /8ths 1.00% of 8 /8ths 1.00% of 8 /8ths STATE OF COLORADO COUNTY OF JEFFERSON The foregoing instrument was acknowledged before me by Van K. Bullock this a 5 day of April, 2014. Witness my hand and official seal. My Commission Expires: l -23 -/S Notary Public M Name: f K 'p LESSOR LESSEE EFFECTIVE DATE EXPIRE DATE RNG MER LEGAL DESCRIPTION COUNTY, COUNTY, STATE GROSS ACRES WYOMING STATE LEASE #11 -00192 Van K. Bullock 6/2/2011 6/2/2016 TO2ON R114W 6 Section 36: All Lincoln, WY 640.0000 WYOMING STATE LEASE #13 -00494 Van K. Bullock 12/2/2013 12/2/2018 TO2ON R114W 6 Section 16: All Lincoln, WY 640.0000 EXHIBIT A Attached to and made a part of Assignment of Overriding Royalty Dated April Zr, 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. 80.33% NRI Leases