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RECEIVED
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S34 PRPAGE
,.,OL, NI '~ CLERK
ASSIGNMENT OF O i R !! ING ROYAL
':'
The Anschutz Corporation, Suite 2400, 555 17th Street,
80202, hereinaSer called Assignor, for and in consideration of the sum of Ten Dollars ($10.00)
cash in hand paid and other good and valuable conside'ration, the receipt of which is hereby
acknowledged, does hereby grant, sell, bargain, convey, transfer, assign and deliver unto the
following named pa~ the interest set out opposite his name, of all oil and/or gas produced,
saved and sold from the oil and gas leasehold estates, with respect to the oil and gas leases
and lands described °n Exhibit "A" a~ached hereto and made a paA hereof:
Anschutz Ex~ploration Corporation Royalty Pool
SSS 17th Street, Suite 2400
Denver, CO 80202
an undivided 1.5% of 8/8ths
Pamela S. Kalstrom and Todd R. Kalstrom, as .
Joint Tenants with Right of Survivorship
6732 W. Princeton Place
Denver, CO 80235
an undivided .3 of 1% of 8/Sths
Hal B. Koerner, Jr. and Diane Lynn Koerner, as
Joint Tenants with Right of Survivorship
6811 Hillridge Place
Parker, CO 80134
an undivided .2 of 1% of 8/Bths
C L Machinery Company
555 17m Street, Suite. 2400 '
Denver, CO 80202
an undivided .475 of 1% of 8/Bths
William 3. Miller and Nancy Hiller, as 3oint
Tenants with Right of Survivorship
5233 W. Capri Place
Littleton, CO 80123
an undivided .3 of 1% of 8/Bths
Piedmont Minerals Company
5838 S. Stanida Circle
Salt Lake City, UT 84121
an undivided .1 of 1% of 8/8ths
Marguerite K. Timbel and Ned R. Timbel, as
Tenants in Common
6500 West Mansfield Avenue, #19
Denver, CO 80235
an undivided .2 of 1% of 8/Bths
Paul Lamerson
1941 S. Parfet Drive
Lakewood, CO 80227
an undivided .25 of 1% Of 8/8ths
Scott L. Hajicek and Marilyn S. Hajicek, as
3oint Tenants with the Right of Survivorship
2980 S. Newcomb Way
Lakewood, CO 80227
an undivided .25 of 1% of 8/8ths
James C. Coogan
1950 Glen Ayr Drive
Lakewood, CO 80215
an undivided .25 of 1% of 8/Bths
David Bird
11384 E. Cimmaron Drive
Englewood, CO 80111
an undivided. 175 of 1% of 8/Bths
The overriding royalty interest hereinabove assigned is subject to the following terms,
provisions and conditions:
A. Said overriding royalty interest is subject to the terms and provisions of said
leases described on Exhibit "A", and any amendments or modifications of said leases.
B. Said overriding royalty interest shall be free and clear of all drilling developing,
operating costs and expenses except such costs, if any, incurred in dehydrating, treating,
.transporting, boosting, compressing or otherwise processing same in order to make same
marketable, and same shall be calculated after deducting oil and gas used for operations on the
premises, with the option on the part of Assignor to deduct the proportionate part of fuel used
in any central plant serving the premises or of using other:than the identical oil and gas
produced for operations on the premises, and deducting any so used, but Assignee shall bear
and pay all taxes of every nature whatever, which may now or hereafter be applicable to or in
any manner connected with or a lien upon Assignee's oyerriding royalty interest or the
production attributable thereto, including without limitation all production, severance,
gathering, transportation or similar taxes attributable to Assignee's interest, and such other
costs and charges as shall be applicable to and borne by lessor's royalties under the terms of
the leases. If Assignor shall reinject gas produced under said leases or from land pooled
therewith into injection wells situated on land covered by said Exhibit "A" leases or lands pooled
therewith in connection with any recycling or pressure maintenance program, the quantity of
gas produced under said leases or from land pooled therewith which is thus reinjected into said
injection wells shall be deducted before the overriding royalties herein assigned are computed.
No overriding royalties shall be payable upon gas and casinghead gas .used for recycling or
repressuring operations benefiting said lands. In the event the leases above described provide
that shut-in gas payments shall be made as royalties rather than rentals, Assignee herein shall
not be entitled to any payment with respect to said overriding royalty in connection with such
payments. Except as may be otherwise provided in this assignment, the overriding royalty
herein assigned shall be treated computed, paid and/or delivered to the Assignee in the same
manner and under the same terms and conditions as are provided in each lease for the
payment or delivery of royalties to the lessor therein.
C. The overriding royalty may be pooled and unitized in the same manner and
under the same and identical terms, conditions and provisions as the lessor's royalties may be
pooled and unitized under the terms of each lease above described.
D. The overriding royalty herein assigned is based upon the a~sumption that the
leases described on Exhibit "A" cover and affect the entire fee simple mineral estate in the
lands covered thereby. In the event of loss or failure of title as to the whole or anY portion of
the leased 'premises, the overriding royalty interest as to such lease and lands affected by such
loss or failure of title shall be reduced in the proportion in which title shall have failed, and in
such event the overriding royalty interest herein assigned shall be proportionately reduced. If
the lease described in Exhibit "A" attached hereto covers less than the entire and undivided fee
simple estate therein, then and in such event the overriding royalty interest herein assigned
shall be proportionately reduced.
E. No obligations, either expressed or implied, shall arise by reason of the
assignment herein by Assignor of overriding royalty interest which shall obligate Assignor to
keep, drill, produce, Operate and maintain the said leases in force and effect either by the
payment of rentals, compensatory royalties or other payments, or by the drilling of any wells
upon the lands with respect which the overriding royalty interest in said leases is hereby
assigned, it being expressly understood that Assignee is to receive said overriding royalty
interest in such production only out of the oil, gas and other hydrocarbon substances and
minerals, if, as and when produced, saved and marketed at the sole will of Assignor from said
lands under the terms and provisions of each lease, and Assignor herein, his heirs, successors,
assigns and/or legal representatives, may release said leases or any part thereof at 'will and
without liability to Assignee, their heirs, successors, assigns and/or legal representatives.
F. The overriding royalty interest herein assigned shall be applicable to any
renewal, extension or new lease taken or acquired by Assignor, its successors and assigns,
within a period of six (6) months from date of the termination of any lease described in Exhibit
"A" as to the land and minerals covered and affected by said new lease.
This Assignment is made without covenants of warranty, either 'expressed or implied but
shall be binding upon and inure to the benefit of the heirs, representatives, successors and
assigns of the parties hereto.
This instrument executed this 20th day of June 2003, but effective january 1, 2003.
THE ANSCHUTZ CORPORATION
Pamela S. Kalstrom '~
Assistant Vice President
STATE OF COLORADO )
)SS.
COUNTY OF DENVER ) ·
Before me, the undersigned authority, on this day personally appeared PAMELA S. KALsTRoM, Assistant Vice President
THE ANSCHUTZ CORPORATION, known to me to be the person and officer whose name is subscribed to the foregoing instrument,
and acknowledged to me that she executed the same for the purposes and consideration therein expressed and in the capacity
therein stated as the act and deed of said company. ...
Given under my hand and seal of office this 20t~ day of .lune, 2003.
/ , , . -:. ;<., ...
Ceczly ~nn Voruz
My commission expires:. January 27, 2006 ..,0,.
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