HomeMy WebLinkAbout878534 ASSIGNMENT OF CONTRACTUAL RIGHTS
KNOW ALL PERSONS BY TItESE PRESENTS:
That, for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the
receipt of sufficiency of which are hereby acknowledge~i, the undersigned Questar Exploration and Pro,duction ,-,
Company, a Texas Corporation, whose office is 1331 17 Street, Suite 800, Denver, Colorado 80202, ( Assignor )
does hereby grant, .sell, assign, transfer and convey unto, North American Resources Company whose address is 490
N. 31st Street, Suite 201, Billings, Montana, 59101-7007 ("Assignee"), 39.39394% (being a net of 5.909091%) of
· Assignor's i'ight, title and interest in and to its contractual rights created under that certain Operating Agreement
dated February 22, 1977 ('the '.'Operating Agreement"), between Champlin Petroleum Cotnpany (predecessor in
interest to Assignor) and Amoco Production Company, insofar and only insofar as said Operating Agreement covers
the following described lands located in Lincoln Connty, Wyoming, to-wit:
Township 19 North, Range 113 West
Section 25:SW/4
Limited to those depths and formations from the surface of the earth to the stratigraphic equivalent of 11,600 feet as
found in the Champlin 186 E-4 well, located in the Southwest Quarter of Section 25, Township 19 North, Range
113 West.
The interests.assigned hereby are also accepted bythe Assignee subject to all the terms and provisions of that
certain Farmout and Farmout Option Contract, dated October 1, 1999, between Assignor and Union Pacific
Resources Company, as Farmor, and Assignee, Questar Exploration and Prodnction Company, as Operator.
The interests assigned hereby are also accepted by the Assignee and subject to Letter Agreement between North
American Resources Company and Questar Exploration and Production Company dated February 18, 2000.
In WITNESS WHEREOF, QUESTAR EXPLORATION AND PRODUCTION COMPANY has executed this
Assignment of Contractual Rights, this Il ,b~l day of 0 c~f 0 ~,.~ ..~-~ _, 2001
QUESTAR EXPLORATION AND PRODUCTION COMPANY
By: _(~x~ (~
G. L. Nord-16h k~ ~ President/CEO
STATE OF UTAH }
} SS.
COUNTY OF SALT LAKE J"
On this [~ ~Bx. day of O~.aVv'x>..~-2001, personally appeared before me, G. L. Nordloh, who being by me
duly sworn, did say that he is the President and CEO of Questar Exploration and Production Company, a Texas
corporation, and that said instrument was signed on behalf of said corporation by authority of a resolution of its
Board of Directors and said G. L. Nordloh ac~owledge to me that said co~oration executed the same.
My commissi0n expires: _~
Nota~ Public