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893318
ASSIGNMENT OF OVERRIDING
ROYALTY INTEREST
(The "Assignment")
RECEIVED
WiUo,,,B~r,~rli'lCOLl"l COUNTY CLERK
Lincoln Co., Wy_omina
03 S;"F-.P I ! I1:5 9
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EMERALD RESOURCES, INC., a Colorado Corporation, having an address of
934 South Fillmore Way, Denver, Colorado 80209, hereinafter referred to as Assignor,
for and in consideration of one hundred dollars ($100.00) and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, does by
these presents grant, bargain, sell, assign, transfer and convey unto the following party
hereinafter referred to as Assignee, the following overriding royalty interest in and to the
oil and gas leases described on Exhibit "A" attached hereto and by this reference made a
part hereof (the "Leases'') and all hydrocarbons produced therefrom or allocated thereto
insofar as said Leases cover the lands specifically described on said Exhibit "A":
Assigmee
Overriding Royalty Interest Conveyed
See Attached Exhibit "A"
Maureen S. Schultz
934 South Fillmore Way
Denver, Colorado 80209
The overriding royalty interest conveyed herein is subject to the terms and
conditions of the Leases and to any and all amendments, modifications, and agreements,
pooling, cmnmunitization or unitization agreements affecting said Leases and Assignor's
interest therein as well as the rules and regulations of any governmental agencies having
jurisdiction over the Leases and the lands covered thereby.
TO HAVE AN TO ttOLD the same unto Assignee and its successors and assigns
forever subject to the following terms and conditions:
Assignor conveys the interests described herein with no warranty of title either
expressed, implied or statutory except by, through and under Assignor but not
otherwise.
2. The Effective Date of this Assignment is August 15, 2003 at 7:00 AM at the
location of the Leases.
3. The overriding royaltY interest conveyed herein shall apply tO all extensions and
renewals of the Leases insofar as they cover the lands describe on Exhibit ,,A,,.
4. This Assignment shall be binding upon and inure to the benefit of Assignor and
Assignee and their respective successors and assigns.
o
The Overriding royalty interest conveyed herein shall be proportionately reduced
to the interest owned by Assignor in the Leases and subject to additional
proportionately reduction should the Leases cover less that the full, undivided oil
and gas estate in the lands covered by said Leases.
EXECUTED THIS
Effective Date.
day of September, 2003, but effective as of the
ASSIGNOR::
EMERALD RESOURCES, INC.
By: ~~-~'~i~, //~" ~ 7' ~
aureen Sr. Scl~ul~z, Vice t~es~dent
ASSIGNEE:
MAUREEN S. SCHULTZ
BY: ~au~reen S~.Ce..v.d
~chul~-z -
Willow Bend
Li.coln Co., Wyoming
ACKNOWLEDGMENTS
STATE OF COLORADO )
)
COUNTY OF DENVER )
This instrument waS acknowledged before me on the ¢'~ day of September 2003, by
Maureen S. Schultz as Vice President of Emerald Resources, Inc. a Colorado
Corporation, on behalf of said corporation.
Commission expires: ·
' ' ~ NOTARY PUBLIC l
STATE OF COLO~O ) My C0mmlsslon Expire, 3/17/2006
)
CO~TY OF DENVER )
This instrument was acknowledged before me on the ~'~ day of September 2003, by
Maureen S. Schultz.
Commission expires:
My Commission Expires 3/17/2006
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