HomeMy WebLinkAbout901303 'LINOOLh,! CO(JI'4TY OLERK
~e.en Nile Gulch
90 ! 303 lo:
PLEAS~ R~TURN TOi.. , r, r,, ....... _, Federal 1-6
T~ OIL & GAS ASS~;I4 ='~ ':t ..: c' .,..z_., [.j i'.l ~2 ~';. Federal 1-20X
CLE~INGHOUSE, INC. ' r... ~..-. . :'Seqttoj,ah Fed 20-6
RO. BOX 671787 Seqttoyah 30-6
NOH~N, TX 77~7-1787
ASSIGNMENT OF OVERRIDING ROYALTY INTEREST
STATE OF Wyoming }
}
COUNTY OF Sweetwater }
KNOW ALL MEN BY TItESE PRESENTS THAT:
Atlantic Oil Corporation, 1825 Lawrence Street, Suite 300, Denver, Colorado 80202
("Assignor"), for and in consideration of ONE HUNDRED DOLLARS ($100.00) and other good and
valuable consideration, receipt of which is hereby aclmowledged, does hereby assign, transfer, grant and
convey unto
(Assignee), all of A'ssignor's right, title and interest in and to the overriding royalty interest (Overriding
Royalty) in and under the oil and/or gas well(s) as described ou Exhibit A attached hereto and made a part
hereof.
Assignor saves and excepts any and all sums, production, adjustments of production, unpaid
proceeds owed Assignor accruing prior to the Effective Date of this Assignment.
This Assignment is accepted by the Assignee subject to the terms and conditions of any leases,
assignments, operating agree~nents, permits, rights-of-way, licenses, easements, options, orders, product
purchase and sale contracts, gas processing agreements, gas gathering agreements, or any other agreements
or contracts attributable to, affecting, or otherwise relating to the Oven'iding Royalty,
THIS ASSIGNMENT -IS EXECUTED, DELIVERED AND ACCEPTED WITHOUT ANY
REPRESENTATION, WARRANTY OR COVENANT OF TITLE OF ANY KIND OR NATURE,
EITHER EXPRESS, IMPLIED OR STATUTORY. IN ADDITION, ASSIGNOR MAKES NO
REPRESENTATION, COVENANT OR WARRANTY, EXPRESS, IMPLIED OR STATUTORY, AS TO
THE ACCURACY OR COMPLETENESS OF ANY DATA OR RECORDS DELIVERED TO THE
ASSIGNEE WITH RESPECT TO THE OVERRIDING ROYALTY OR TIlE CLAIMS, OR
CONCERNING THE QUALITY OR QUANTITY OF HYDROCARBON RESERVES, 1F ANY,
ATTRIBUTABLE TO THE OVERRIDING ROYALTY, OR TIlE VALUE OF SUCH OVEPd'dDING
ROYALTY BASED ON THE SALES PRICES OF ANY SUCH HYDROCARBONS
TO THE EXTENT APPLICABLE TO THIS TRANSACTION, ASSIGNEE HEREBY WAIVES
ITS RIGHTS UNDER THE PROVISIONS OF THE TEXAS DECEPTIVE TRADE PRACTICES ACT,
CHAPTER 17, SUBCHAPTER E, SECTIONS 17.41 THROUGH 17.63, INCLUSIVE (OTHER THAN
SECTION 17.555, WI-I/CH IS NOT WAIVED), OF THE TEXAS BUSINESS & COMMERCIAL CODE
(A LAW THAT GIVES CONSUMERS SPECIAL RIGHTS AND PROTECTIONS). AFTER
CONSULTATION WITH AN ATTORNEY OF ITS CHOICE, ASSIGNEE VOLUNTARILY CONSENTS
TO THIS WAIVER.
The Overriding Royalty herein assigned and conveyed shall be subject to its proportionate share of
all severance, production, ad valorem and any and all other taxes (collectively, Taxes) now or hereafter
applicable to the Overriding Royalty. Assignee hereby agn-ees to pay and solely bear all Taxes applicable to
and accruing to the Overriding Royalty on and after the Effective Date.
Sale No. 193C
Lot No. 94
This Assignment shall inure to the benefit of and be binding upon the parties hereto, their heirs,
personal representatives, successors and assigqas.
1N WITNESS WHEREOF, this instrument is executed this o~3~, day of ~.) c4 c'ct,. ,
2004, but shall be effective (except as otherwise provided herein) as of the 1st day of August, 2004 (the
Effective Date).
ASSIGNOR:
ATLANTIC OIL CORPORATION
Name: William S. Walker
Title: Chairman and President
CORPORATE ACKNOWLEDGMENT
STATE OF /ff~K/~lx,h ~ 45" }
}
COUNTY OF ~'t~/'~d~Tx]/~/~ }
BEFO~ ~, th~ undersigned authoriW, on lhis day personally appeared Willi~ S. Walker,
known to me to be the person and o~cer whose name is subscribed to the foregoing instrument, and
ae~owledged to me that he/she executed the same for the purposes and consideration therein expressed and
in the capaci~ therein stated as the act and deed of said corporation. ~his
~G~EN UNDER ~ ~D AND OFFIC~ SEAL OF OFFICE on ay of
D ~ ,2004.
~ CO~SS~ON ~~ v~.% ~,
~/--/~ -' ~-: ..... "":":.t~"..
fid.g///' ~) .." '-..,.b g Nota~ Public -/'
.......
Sale No. 193C
Lot No. 94
CORPORATE ACKNOWLEDGMENT
STATE OF }
}
COUNTY OF }
BEFORE ME, the undersigned authority, on this day personally appeared
of ' , known to me to be the person and officer whose
name is subscribed to the foregoing instrument, and acknowledged to me that he/she executed the same for
the purposes and consideration therein expressed and in the capacity therein stated as the act and deed of
said corporation.
GIVEN UNDER MY HAND AND OFFICIAL SEAL OF OFFICE on this __ day of
,2004.
MY COMMISSION EXPIRES:
Notary Public
ATTORNEY 1N FACT ACKNOWLEDGMENT
STATE OF -X ¢_,i o,s }
}
COUNTY OF ~X.~,~.x_% }
BEFORE ME, the undersigned authority, on this day personally appeared
£~,~,~-~-'o xq~,,a t~ , A~orney-in-Fact for
' %xx~e~-X~- ¢~c~ , ~own to me to be the
person whose name is subscribed to the foregoing instrument, and ackuowledged to me that he/she executed
the same for the purposes and consideration therein expressed and in the capaciW therein stated.
G~EN ~ER ~ ~ AND OFFIC~ SEAL OF OFFICE on this xqx~ day of
~,_, ,~ ,2004.
I I -P.'.~k~i"D MY COMMISSION EXPIRES Ii
Notary Public
INDIVIDUAL ACKNOWLEDGMENT
STATE OF }
}
COUNTY OF }
BEFORE ME, the undersigned authority, on this day personally appeared
, ~known to me to be the person whose name is
subscribed to the foregoing instrument, and acknowledged to me that he/she executed the stone for the
purposes and consideration therein expressed and in the capacity therein stated.
G1VEN UNDER MY HAND AND OFFICIAL SEAL OF OFFICE on this day of
., 2004.
MY COMMISSION EXPIRES:
Notary Public
Sale No. 193C
Lot No. 94
. ...,
EXHIBIT "A"
· .. 760
Attached to and made a part of that certain Assignment of Overriding Royalty Interest effective August 1,
2004 by and between Atlantic Oil Corporation, as Assignor and
(-exc~ r~-~ c~_ ~_ t~c~5~ tc~ ~-~-~.~,l as Assignee.
Well Information / Name of Well(s)
Seven Mile Gulch/114
API# 49-037-21991
NWSE 18-20N-111W
Engleman 40-18
APl # 49-037-23116
NESW 18-20N-111W
Federal 1-6
APl # 49-037-21691
SWSW 6-19N-11 lW
Federal 1-20X
API# 49-037-21956
NESE 20-20N- 111W
Sequoyah Fed 20-6
APl # 49-037-22807
CNE 6-19N-111W
Sequoyah 30-6
API# 49-037-22940
CSE 6-19N-111W
Sale No. 193C
Lot No. 94