HomeMy WebLinkAbout921813.tiff B 1349 REC 02302113 09/02/92 09:56 $25.00 1/005
F 1780 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
AR23G2113 BILL OF SALE AND
ASSIGNMENT OF OIL AND GAS PROPERTIES
THIS ASSIGNMENT, is dated as of August 1, 1992, between NORTH AMERICAN
RESOURCES COMPANY, a Montana corporation, 16 East Granite, Butte, Montana
59701 (hereinafter referred to as "Assignor") and ADAMS DEVELOPMENT
COMPANY,a Limited Partnership,of 10 East End Avenue, Suite 1K, New York, New
York 10021,and (hereinafter referred to as"Assignee").
WITNESSETH:
1. Conveyance.
1.1 Assignor,for valuable consideration to them in hand paid by Assignee,the
receipt and sufficiency of which are hereby acknowledged, do hereby grant,
bargain, sell,convey,assign,transfer,set over and deliver,effective August 1, 1992
at 7:00 A.M. Mountain Standard Time, unto Assignee, and unto Assignee's
successors and assigns,the following:
a. Undivided 84.04% of the Assignor's rights, titles and interests, including
after-acquired titles, including reversionary interests, in and to all the oil, gas and
mineral interests of every nature in the lands described on Exhibit "A" attached
hereto,including without limitation the leases described in Exhibit"A"and any and
all extensions and renewals thereof,(insofar and only insofar as said lands and leases
pertain to production of oil, gas and mineral interests from the existing wells and
formations described on Exhibit"B"attached hereto.
b. Undivided 84.04% of Assignor's rights, titles and interests in and to the
wells described on Exhibit"B" attached hereto and the lease and well equipment
and facilities located on the leases or on land pooled or unitized therewith and used
in connection therewith;and
c. Undivided 84.04%Assignor's rights,titles and interests in,to and under all
agreements and contractual rights which relate to the said leases, wells or
equipment,including without limitation all rights in,to and under production sales
contracts, surface use agreements, easements, permits, rights-of-way, pooling
agreements,pooling designations,purchase,exchange and processing contracts and
agreements, valid orders of governmental authorities and all other contracts,
agreements and instruments attributable to said leases, wells or equipment,
whether production, storage, treatment, transportation, processing or sale or
disposal of oil,gas,other hydrocarbons,minerals or substances therefrom.
1.2The properties and interests referred to in 1.1a), b) and c) above will
hereinafter be referred to as the "Subject Interests". The term "Subject Interest"
when used with reference to any particular one of the Subject Interests shall mean
and include: (i)such Subject Interest as the same may be enlarged or diminished by
the provisions of any contract,agreement or other instrument,or the removal of any
charges or encumbrances to which said Subject Interest is subject; (ii) any and all
renewals and extension of such Subject Interest; (iii) all contracts and agreements
supplemental to or amendatory of or in substitution for the contracts and
agreements referred to in c) above, insofar as the same relate to such Subject
Interests; and (iv) all rights, titles and interests accruing or attributable to such
Subject Interest by virtue of its being included in any pooled tract.
TO HAVE AND TO HOLD the Subject Interests unto Assignee,their successors
and assigns,forever.
2. Assignments on Approved Forms. With respect to oil and gas leases which,or
interests in which, are included in the Subject Interests from the United States of
America or from the State of Colorado, separate assignments on approved forms
may be executed by the Assignor to the Assignee in sufficient counterparts to fulfill
applicable statutory and regulatory requirements and said assignments, although
unqualified in form and not specifically containing all of the terms and provisions
hereof, shall nevertheless be deemed to contain all of the terms, provisions,
warranties,remedies,powers and privileges set forth in this conveyance as fully to all
intents and purposes as though the same were set forth at length in such separate
assignments.
3. Further Assurances. Assignor shall execute and deliver all such other
instruments, notices, division or transfer orders, releases, acquittances and
JAP/4092/0467 19r cob'
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B 1349 REC 02302113 09/02/92 09:56 $25.00 2/005
F 1781 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
documents and will do all such other acts and things as may be necessary more fully
to assure Assignee, their successors and assigns, all of the respective rights, titles,
interests, estates, remedies, powers and privileges herein and hereby granted,
bargained,sold,conveyed,assigned and delivered-or intended so to be.
4. Limitation on Warranties. This Assignment is made without warranty of title
except that Assignor warranty that title has not previously been conveyed by,
through or under Assignor.
All personal property and fixtures conveyed by this assignment are conveyed
"as is". Assignor disclaims all implied warranties including the implied warranties of
fitness for particular purpose and merchantability.
5. Successors and Assigns. All of the covenants and agreements of Assignor shall
be deemed to be covenants running with the land and shall inure to the benefit of
and be binding upon the respective successors and assigns of Assignor and Assignee.
In WITNESS WHEREOF,Assignor have caused this Assignment to be duly executed
on the date of acknowledgement annexed hereto in several counterparts (one of
which,with all property descriptions included in the Exhibits, is on file in the office
of Assignee at its offices in New York,New York),each of which is an original and all
of which are identical,except that,to facilitate recordation,there are omitted from
certain counterparts those exhibits or those property descriptions therein, which
contain specific descriptions of property located in recording jurisdictions other than
the jurisdiction in which the particular counterpart is to be recorded. Each of the
counterparts hereof so executed shall for all purposes be deemed to be an original,
and all such counterparts shall together constitute but on and the same conveyance.
NORTH AMERICAN RESOURCES COMPANY
a
•
41. , -Glad .:Rogers,Assi cretary James . enner
Vice resident and General
rb'dr��r Ap Manager
•
9 .
ADAMS DEVELOPMENT COMPANY
By: lYi ✓an
Keith H.Heim•uck,Attorney-in-Fad
for G.R.Shiarella,General Partner
JAP/4092/0467 2
B 1349 REC 02302113 09/02/92 09:56 $25.00 3/005
F 1782 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
STATE OF MONTANA
)ss
County of Silver Bow
On this 27th day of August, 1992, before the undersigned,a Notary Public for the State of
Montana, personally appeared James J. Benner, Vice-President of North American Resources
Company,the Corporation which executed the foregoing instrument and acknowledged to me that
such corporation executed the same.
•"1 IN'W•
ITNESS WHEREOF,I have hereunto set my hand and affixed my Notarial Seal the day and
ytea7}irs't abpve written.
44.r, jti
•
q,%.ap. •
Notary Public for the State bf Montana
Residing at Butte,Montana
'<;`? My Commission expires /i'23'/943
•
STATE OF COLORADO
ss
County of Denver
On this 28th day of August, 1992, before the undersigned, a Notary Public for the State of
a, General
+t .•'Paar personally
rt�a,4FAdamsDeve opment Company, a b uck as Attorney-in-Fact
York Limited Partnership l
Partnersh p which executed the
$7'.IIFJ igrfly�'•rng instrument and acknowledged to me that such Limited Partnership executed the same.
..y41A1 l WItNESS WHEREOF,I have hereunto set my hand and affixed my Notarial Seal the day and
.P:• p erfsf Wee written.
s '•. OQ
''Pc.OF CD ���`.. a n
'••�,,,,,o��"' Nota Public r the eof Colorado
Resi i g at Denver,Colorado
My mmission expires
!Pr? BLUC STATE OF COLORADO)
MY COMMISSION E%P.NOV.15,1995
JAP/4092/0467 3
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B 1349 REC 02302113 09/02/92 09:56 $25.00 4/005
£ 1783 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
B 1349 REC 02302113 09/02/92 09:56 $25.00 5/005
F 1784 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
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