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HomeMy WebLinkAbout893454STATE OF WYOMING COUNTY OF LINCOLN ASSIGNMENT OF OIL AND GAS LEASE Chevron Federal #2-20M 893q5/ . Boo 34 PRP/-.GE i9 8. Chevron U.S.A. Inc. (hereinafter "Assignor"), of 11111 South Wilcrest, HoUston, TX 77099, for valuable consideration received, does by these presents bargain, sell, transfer, and assign to Fairways Offshore Exploration, Inc. (hereinafter "Assignee"), of 9800 Northwest Freeway, Suite 500, Houston, Texas 77092, an undivided sixty-five percent (65%) of Assignor's right, title and interest in the following oil and gas leases: I) That certain Oil and Gas Lease dated July 11, 1972 between the United States of America, as Lessor, and Melvin Wolf, as Lessee, Federal Serial No. W-34544, recorded at Book 174PR, Page 68 of the Records of Lincoln County, Wyoming, 2) That certain 'Oil, Gas and Mineral Lease dated March 12, 1974 by and bebveen Uinta Land & Grazing Co. as Lessor and Gulf Oil Corp. as Lessee, recorded at Book 112PR, Page 167 of the Records of Lincoln County, Wyoming, as amended, insofar and only insofar as said leases cover the well bore of the Chevron Federal #2-20M well located 1,000 feet from the West line and 1,350 feet from the South line of Section 20, T19N- R119W, Lincoln County, Wymning (hereinafter "the Well"), as to depths from the surface to the stratigraphic equivalent of the base of the Lodgepole formation as fouud in the Well. This Assigmnent is made iii accordance with and subject to the terms, conditions and provisions of that certain "Joint Development Agreement Tear Prospect" between Assignor and Assignee dated April 25, 2002, which Agreement is iucorporated herein by reference, including without limitation Assignor's reservation of the overriding royalty interest set forth therein. This Assignment shall be effective as of the date of first production from the Well, being January 24, 2003. Chevron U.S.A. Inc. State of Texas County of Harris in The foregoing instrunlent was acknowledged before nle by ~,~. ~/~/2~,Attorney Fact of Chevron U.S.A. Inc., on behalf ~id corporation, this ~ff day of /! ~'9 9 State of Texas County of Harris - The foregping ins, trument was acknowledged before me by ~/], ~, I-~01JF , as ~ ,~, ~v~~ ~x~~f Fai{ways Offshore Exploration, In'c., on behalf of said corp oration, ~his~,d a~of~'~'~. ~~~~~ ~' ' _ Q ~ ta~ Public ' ~~ GEORGEWORSHAM ~ ~ ~Sk ~ ]~1 UY coMmisSiOn EXPIRES ~ ~~ FEB. 20, 2006 ~ State of Texas County of Harris ill The foregoing instrunlent was acknowledged before nle by ~.~' ~/~/23~,Attomey Fact of Chevron U.S.A. Inc., on behalf of s~id corporation, this ~ff day of 799 State of Texas County of Harris Tt~ foregping ins, trumellt.~,~__was, acknowledged before me by ~],~..... l'~OlJF ,as ~X~~f Fairways Offsl~re Exploration, Inc., on behalf of said corporation, this~ day of~ ~ /~~~~] _ ~~~' ' _ _ (~otarvPublic : ~so.~ woas.m~ [ ['~k ~ 1~1 MY COMMISSION EXPIRES ~ ~~ [~.~0,~00~ ~