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ASSIGNMENT OF OIL AND GAS LEASES
KNOW ALL MEN BY THESE PRESENTS,THAT
LONETREE ENERGY & ASSOCIATES, LLC, 141 Union Boulevard, Suite 260,
Lakewood,CO 80228, hereinafter called Assignor,for and in consideration of the sum of Ten
Dollars($10.00)and other valuable consideration,the receipt of which is hereby acknowledged,
does hereby assign,transfer,grant and convey unto Petroleum Development Corporation,whose
address is 1775 Sherman Street, Suite 3000, Denver CO 80203, hereinafter referred to as
"Assignee", one hundred percent(100%)of Assignors right, title and interest in and to the Oil
and Gas Lease recorded under Reception No. 3540894 in Weld County, Colorado, covering the
following lands:
TOWNSHIP 3 NORTH,RANGE 63 WEST,6`h P.M.
Section 10:SW/4NE/4
and containing 40.00 acres,more or less,together with the rights incident thereto or obtained in
connection therewith.
For the same consideration, the Assignor covenants with the Assignee(s), its heirs,
successors, legal representatives and assigns that the Assignor is the lawful owner of and has
good title to the interest herein assigned in and to said Leases, estate, rights and property, free
and clear from any liens, encumbrances or adverse claims created by Assignor and has good
right and authority to sell and convey the same,that said leases are valid and subsisting leases on
the lands therein-described,and that all rentals and royalties due thereunder have been paid,and
all conditions necessary to keep said leases in full force and effect have been duly performed.
EXECUTED thisZS'P`day of n 1 ,A.D.2008,without warranties of any kind.
LONETREE ENERGY&AS IATES,LLC
By:
Austin ater, anager
STATE OF COLORADO )
\\ )ss.
COUNTY OF,le s,T,.� )
The foregoing instrument was acknowledged before me this it' day of Apn i ,
2008,by Austin Mater,Manager on behalf of LoneTree Energy&Associates,LLC.
(SEAL)
t PATRICIA A. KOENIG ) �in��
NOTARY PUBLIC Patricia A.Koenig,Notary Public
STATE OF COLORADO in and for said County and State
MY COMMISSION EXPIRES 312712011
My commission expires
111111 IIIII 111II11111I 11111111111111111111111111111111
3553011 05/09/2008 12:49P Weld County. CO 2008-1327
1 of 1 R 0.00 O 0.00 Steve Moreno Clerk 8,Recorder
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1LoNETREEENERGYCIATES
61 Ao
April 23,2008
Weld County Board of Commissioners
Attn:William H.Jerke,Chair
915 10th Street
Greeley,CO 80631
Re: Request for Consent to Assign
NW l/4NE1/4 of Section 10,Township 3 North,
Range 63 West of the 66 P.M.,
Weld County,Colorado
Mr.Jerke,
LoneTree Energy&Associates,LLC,is the Lessor of County Lease#2008-0631,
recorded in the Weld County records at Reception#3540892. LoneTree Energy&
Associates,LLC is seeking the approval for an assignment of the above stated lease to
Petroleum Development Corporation,the form of which is attached. Please have the
appropriate person sign below recognizing the County Commissioners approval of the
attached assignment,and return to the address below.
LoneTree Energy&Associates,LLC
141 Union Boulevard,Suite 260
Lakewood,CO 80228
If you have any questions I can be reached at 303-233-8700 ext. 113 or
ncronin@lonetreeenergy.com
Sincerely,
LoneTree Energy&Associates,LLC
Nathan Cronin
Agreed to and accepted this ' day of /77: ,2008
Weld,kunty Clerk to the Board 40/0.1..it v
z•VP'::\oard of County Commissioners
4,7 11g61 1
t 40 kr
'By: `/ MAY 0 5 2008
01,
141
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41 Jn oN F3a1.EVAFD. Sure 200 • LAKEwo o. Co 80228
T (303) 233-8700 • F. (303) 233-8787
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