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HomeMy WebLinkAbout20163421.tiffKarla Ford From: Sent: To: Subject: Attachments: Lauren Parker <Iparker@deeh.com> Wednesday, November 02, 2016 7:53 AM Karla Ford RE: Weld County Assignment ASMT-Kies to Incline (4035711).pdf; ASMT-Looy to Incline (4045542).pdf; ASMT-Tatom to Incline(4037620).pdf Wellington assigned its leasehold to 3 individuals, and those 3 individuals (Looy, Kies & Tatom) assigned their interest to Incline. Attached are the 3 referenced assignments. Let me know if you have any further questions! **Shelper & Thomas, Inc. (2108418) a Miramar Land Co. (2108419) a Wellington, LP (2226765) a Ethelyn Looy, Richard Kies, Jack & Janet Tatom (4045542, 4035711, 4037620) a Incline Resources (4052754, 4043740) a Double Eagle Energy Rockies Lauren Parker From: Karla Ford [mailto:kford@co.weld.co.us] Sent: Tuesday, November 01, 2016 5:24 PM To: Lauren Parker <lparker@deeh.com> Subject: RE: Weld County Assignment How did it get to Incline? I see everything else, but confused how it got to Incline. Could you explain? Thanks for your help, I greatly appreciate it! Karla Ford - Deputy Clerk to the Board 1150 O Street/P.O. Box 758 Greeley, CO 80632 tel: (970) 400-4228 2016-3421 1 LE0041 Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. Ifyou have received this communication in error, please immediately not' sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited From: Lauren Parker [mailtoaparker@deeh.com] Sent: Tuesday, November 01, 2016 2:40 PM To: Karla Ford <kford@co.weld.co.us> Cc: Kyle Kulig <kyle@deeh.com> Subject: RE: Weld County Assignment Karla, I left out a portion of how we acquired additional interest in this lease. Along with the first chain, the second chain shows the history from original lease holder to Double Eagle. The split occurred when Wellington assigned its interest to multiple parties. Again, feel free to contact me with any questions. **Shelper & Thomas, Inc. (2108418) a Miramar Land Co. (2108419) a Wellington, LP (2226765) a Troy B. & Marilyn Fergen (4036705) a Acoma Energy (4036706) a Double Eagle Energy Rockies **Shelper & Thomas, Inc. (2108418) a Miramar Land Co. (2108419) a Wellington, LP (2226765) a Ethelyn Looy, Richard Kies, Jack & Janet Tatom (4045542, 4035711, 4037620) a Incline Resources (4052754, 4043740) a Double Eagle Energy Rockies Thank you, Lauren Parker 2 From: Lauren Parker Sent: Tuesday, November 01, 2016 3:04 PM To: 'kford@co.weld.co.us' <kford@co.weld.co.us> Cc: Kyle Kulig <kyle(a)deeh.com> Subject: FW: Weld County Assignment Karla — Below is the chain from the original Lessee to Double Eagle. The record number for each assignment is in parenthesis. The purpose of the attached letter is so that our company (the current lease holder) can assign to a third party. Let me know if you have any additional questions. **Shelper & Thomas, Inc. (2108418) a Miramar Land Co. (2108419) a Wellington, LP (2226765) a Troy B. & Marilyn Fergen (4036705) a Acoma Energy (4036706) a Double Eagle Energy Rockies Thank you; Lauren Parker Double Eagle Energy Holdings II, LLC 210 Park Avenue, Suite 2800 Oklahoma City, OK 73102 Office: 405.415.1485 Fax: 405.602.5595 From: Karla Ford [mailto:kfordAco.weld.co.us] Sent: Tuesday, November 01, 2016 12:43 PM To: Kyle Kulig <kyle@deeh.com> Cc: Karla Ford <kford@co.weld.co.us> Subject: Weld County Assignment Kyle, 3 4043740 Pages: 1 of 4 09/05/2014 03:13 PM R Fee:$26.00 Steve Moreno. Clerk and Recorder, Weld County. CO VIII FU�1��TR1121�h'I#�th It III III ASSIGNMENT OF OIL AND GAS LEASES STATE OF COLORADO § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WELD § THAT, INCLINE RESOURCES, LLC, whose mailing address is 5019 N. Central Expy, Ste B, Dallas, TX 75205 (herein referred to as "Assignor"), for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby bargain, sell, transfer, assign, convey and deliver unto the following assignees (herein collectively called "Assignees"), in the percentages set forth below, being a total of 100%: Assignee Name Address Percentage Interest Double Eagle Energy Rockies, LLC 1401 Ballinger Street, Suite 203 Fort Worth, TX 76102 66.67% Incline Resources, LLC 5019 N. Central Expy Dallas, TX 75205 33.33% All of Assignor's right, title and interest in and to the following oil and gas leases described on Exhibit 'A' attached hereto but limited to interests that were conveyed to Assignor in the Instruments described on Exhibit `B', attached hereto, and made a part hereof subject to the reservations and limitations set forth below. TO HAVE AND TO HOLD unto Assignees, their respective heirs, successors, legal representatives and assigns forever, subject however, to the below terms, conditions and obligations. 1. Assignor will execute and deliver all such other and additional instruments, notices, releases, and other documents and will do all such other acts as may be necessary to more fully assign to Assignee or its successors or assigns all of the respective rights and interests herein and hereby granted or intended to be granted. 2. This assignment is expressly made subject to the terms and conditions of said leases, as well as all royalties, overriding royalties and other similar payments with which said leases have heretofore been burdened. Assignees, each to the extent of the interests herein assigned, shall be obligated to bear their prorate share of such lease terms, conditions and obligations. 4043740 Pages: 2 of 4 09/05/2014 03:13 PM R Fee:$26.00 Steve Moreno, Clerk and Recorder. Weld County, CO Sill PertI TNaI,'IelfiRhilitiCilVel+frMiklic Yl II III 3. This assignment is made without warranty of title, either expressed or implied, except as to acts by through and under Assignor but not otherwise. 4. This assignment and all the terms and provisions hereof shall be binding upon and inure to the benefit of the parties hereto, their respective legal representatives, successors and assigns. IN WITNESS WHEREOF, this instrument is Executed on the 20th day of August, 2014, but to be effective for all purposes as to each of the Assignments as of the effective date of each such assignment as shown on Exhibit `B' attached hereto. Incline Resources, LLC By: C"`' ianGdfi David Ross, d Manager STATE OF TEXAS COUNTY OF DALLAS The foregoing instrument was acknowledged before me on this 2001 day of the month of August, 2014 by David Ross, Land Manager of Incline Resoursees, LLC, on behalf of said company. My commission expires: Notary Public i gel WILLIAM E FRANCIS Notary Public y, ' STATE OF TEXAS %ion- My Comm. Exp. Mach 3.2016 EXHIBIT 'A' Co Q! C) ri 0 O z C in 2U 3 C°. mow° C) N u 3 ti a a R Q O E o -d bl v> 7 O C C u • C C CoL. y <8 •Ct o c d0 I)re 3, h ld A ;n .C C ig LD N N 3 N 3 3 CD 3 It C a a a a a a a 0el 0el 0el 0el 0 el 00 IN Qtr SWNW SESE w w N SESE E30Ft SESE E2SW 33w 33w Z vl cu N 0 O 0 O 0 O O County Weld V 3 V 3 V 3 V 3 V 3 V 3 40 °° W0 0 N 1546307 N CO 0 N lD 0 CO 0 N 2103882 'i el ri 0 N in T en 0 N Lessee Diamond Hill Industries, Inc. T. S. Pace Gleason Land Company Gleason Land Company Shepler & Thomas, Inc. Coral Gulf Exploration Corporation Shepler & Thomas, Inc. Lessor Jacob Bernhardt and Lydia Bernhardt Wayne W. Oster & Florence R. Oster George William Friffith and Marjorie May Griffith Miriam F. Griffith Weld County, Colorado Bennett L. Spaur, Jr. etal Michael H. McCarty and Darlene G. McCarty, H&W, Helen Y. McCarty, Patrick W. McCarty and Kathy McCarty, H&W, Michael Dice, successor Trustee for Timothy D. McCarty, McCarty Weld Farms, a general partnership, Helen F. Fickel and Robert Bruce Fickel, H&W Date m T to NN0 N a to m v-i .. �CO co m el N 12/10/1986 co Lfb Ill `l m CO .°I el ti U� V L can • ,„,= = -. a °LL0m I re ros 01 ;Vi a?X ? Bm0 M2 Cs Z= v Guam EXHIBIT 'B' I Instrument I M •cr0 VI M 0 rl VI 0 4037622 4037622 4037622 4037622 1 4037620 4037620 4037620 O 0 a O } 0 v 0 a 0 Effective Date Go C n Q e� 0 C 1� 0 C n 0 ig 0 Q g 0 Q 0 C n 0 g 0 C 0 C n 0 eg 0 r-..4 e� 0 C n %00000 OD 0 O3 0 OD 0 0 O3 O3 C9 7 3 d 3 'b .7., 3 L Weld 'e] v 3 'O m 3 PPM 'O u 3 'e7 a1 3 'O 5 3 'O 5 3 PPM '0 5 3 '9 m 3 'O 5 3 2 Z Y. 3 n b 3 n b 3 up 1/413 3 n 1/4O 3 n 1/4O 3 n ..O 3 n 1/40 3 n 1/40 3 n e0 3 4o b 67W 3 n V 3 n 10 3 n 10 v 4N I v v 4N —I 4N v 4N 4N v v v 4N 4N W U1— co O n 28 00 O O 28 O 7 N 28 O O a INWNW m in rip SWNW hi m SESW mw Z z en en ti uzi en SESW 01 Z ASSIGNEE Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC I William Gerald Armentrout I Incline Resources, LLC ASSIGNOR Richard L. Kies Richard L. Kies Richard L. Kies Steven Goldstein Steven Goldstein Steven Goldstein Steven Goldstein Janet C. and Jack D. Tatom Janet C and Jack D. Tatom Janet C. and Jack D. Tatom William Gerald Armentrout William Gerald Armentrout William Gerald Armentrout 4036706 Pages: 1 of 2 08/07/2014 02:01 PM R Fee :$16.00 Steve Moreno, IIIM.reP7 Clerk end 'I Recorder, W lyll,wWl County, Wad till ASSIGNMENT OF WORKING INTEREST IN OIL AND GAS LEASES STATE OF COLORADO COUNTY OF WELD ) KNOWN ALL MEN BY THESE PRESENTS: For and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Acorns Energy, LLC, a Texas limited liability company, whose address is 3801 E. Florida Ave., Suite 508, Denver, CO 80210, hereinafter referred to as Assignor, does hereby grant, assign, transfer, convey and deliver unto Double Eagle Energy Rockies, LLC, a Delaware limited liability company, whose address is 1401 Ballinger St 4203, Fort Worth, TX 76102, hereinafter referred to as Assignee, an undivided eighty-five percent (85%) of 8/8ths interest in and to the leasehold estate and working interest in and to the leases, acquired from Troy B. Fergen and Marilyn Fergen by Assignment of Working Interest recorded on B /'//2D14 , 2014 at Reception No. +0347O5, and described in Exhibit "A" attached hereto (the "Leases"). For the same consideration, the Assignor covenants with the Assignee, its heirs, surr"ssors and assigns, that the Assignor is the lawful owner of the non -operating working interest as described in said Document above. The non -operating working interest being conveyed herein to Assignee shall be reduced proportionately on a lease -by -lease basis (a) if the any of the Leases covers less than the entire undivided interest in the oil, gas and associated hydrocarbons, or other minerals in each portion of the leased premises comprising the subject lands, and/or (b) if all or any part of the subject lands, or the mineral interest of Lessor in the subject lands, is pooled or communitized with other lands not covered by the Leases. The interest in the Leases assigned hereunder relating to the NW/4N W14 of Section 28, Township 4 North, Range 67 West shall be free and clear of any implications of any spacing order covering the W2NW/4 of Section 28, Township 4 North, Range 67 West, 6' P.M. Assignee shall be responsible only for its share of costs as to the NW/4NW/4 of said Section 28, receiving a net revenue interest in production from the NW/4NW/4 of said Section 28. Assignee shall have no right to force pool the interest conveyed hereunder with any interest in any lease covering the SW/4NW/4 of Section 28 or with said SW/4NW/4 of Section 28 itself. This Assignment is subject to all the terms, conditions and covenants of the Leases, which terms, conditions and covenants Assignee shall assume end perform to the extent of the interest herein assigned. This Assignment and all of its exceptions, terms and conditions are binding upon and shall inure to the benefit of Assignor, Assignee and each of their heirs, executors, administrators, personal representatives, successors and assigns, and anyone claiming title to the Leases by, through or under them. Executed on this,fl"day ofluly, 2014. ASSIGNOR: Acorns Energy, LLC By: Mathew W. Anderson Owner/Single Member STATE OF COLORADO COUNTY OF DENVER ) ) ACKNOWLEDGEMENT This instrument was acknowledged before me on the _ day of July, 2014, by Matthew W. Anderson, as Owner/Single Member of Acoma Energy, LLC, a Texas limited jlability company, half of said D NIAL R GRIGGS /,reds Notary Public Ill{ State of Colorado My Commission Expires January 26. 2016 Rain,' t ACoMA Fa+ER Ca' -, LLC 38O1 E. fto yizh "El S7 -E DENvER , Co 807.10 btary for the S of Co Printed Name: UtaW r - Commission Expires: /-2G—/b Sob 4036706 Pages: 2 of 2 08/07/2014 02:01 Ph R Fee:$16.00 Steve Moreno, Clark end Recorder, Weld County, CO M1raillkili lW;hiIR44,IRil,Y141M14F1'H:M iI III Exhibit 'A' TO ASSIGNMENT OF WORKING INTEREST IN OIL AND GAS LEASES FROM Acorns Energy, LLC to Double Eagle Energy Rockies, LLC. Leases: a. LESSOR: LESSEE DATE: RECORDED: DESCRIPTION: b. LESSOR: LESSEE: DATE: Recorded: DESCRIPTION: c. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: d. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: e. LESSOR: LESSEE: DATE: RECORDED: DECSRIPTION: f. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: Jacob Bemhardt & Lydia Bernhardt, h & w Diamond Hill Industries, Inc. June 3, 1986 Book 1119, Reception No. 2060678 Insofar as the lease covers the following Described lands: Township 4 North. Ranee 66 West. 6°' P.M. Section 7: SW/4NW/4 Wayne W. Oster & Florence R. Oster T.S. Pace April 2, 1970 Book 824, Reception No. 1546307 Insofar as the lease covers: Township 4 North. Range 67 West. 6°' P.M. Section 10: SE/4SE/4, to base of Codell Formation only George William Griffith & Marjorie May Griffith Gleason Land Company December 1, 1985 Book 1138, Reception No. 2080055 Township 4 North, Range 67 Section 10: SE/4SE/4, to base of Codell Formation only Miriam F. Griffith Gleason Land Company December 1, 1988 Book 1138, Reception No. 2080056 Township 4 North. Rance 67 West, 8°1 P.M. Section 10: SE/4SE/4, to base of Codell Formation only Weld County, Colorado Sheeler & Thomas, Inc. December 10, 1986 Book 1160, Reception No. 210382 Township 4 North. Rance 67 West. 6a P.M. Section 10: East 30 feet of SE/4SE/4 Michael H. McCarty and Darlene G. McCarty Husband and wife; Helen Y. McCarty, a single Women; Patricia W. McCarty and Kathy McCarty, husband and wife; Michael Dice, successor Trustee for Timothy D. McCarty; McCarty Weld Farm, a general partnership; and Helen F. Fickle And Robert Bruce Fickle, wife and husband Sheeler & Thomas. Inc. November 13, 1985 Book 1094, Reception No. 2034925 Insofar as the lease covers the following described lands: Township 4 North. Range 67 West 6°1 P.M. Section 28: NW/4NW/4 9052754 Pages: 1 of 4 10/09/2014 02:33 P11 R Fee:$26.00 Steve Moreno, Clerk and Recorder, Weld County. CO �i��� �t cii ASSIGNMENT OF OIL AND GAS LEASES STATE OF COLORADO § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WELD § THAT, INCLINE RESOURCES, LLC, whose mailing address is 5019 N. Central Expy, Ste B, Dallas, TX 75205 (herein referred to as "Assignor"), for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby bargain, sell, transfer, assign, convey and deliver unto the following assignees (herein collectively called "Assignees"), in the percentages set forth below, being a total of 100%: Assignee Name Address Percentage Interest Double Eagle Energy Rockies, LLC 1401 Ballinger Street, Suite 203 Fort Worth, TX 76102 66.67% Incline Resources, LLC 5019 N. Central Expy Dallas, TX 75205 33.33% All of Assignor's right, title and interest in and to the following oil and gas leases described on Exhibit 'A' attached hereto but limited to interests that were conveyed to Assignor in the Instruments described on Exhibit 'B', attached hereto, and made a part hereof subject to the reservations and limitations set forth below. TO HAVE AND TO HOLD unto Assignees, their respective heirs, successors, legal representatives and assigns forever, subject however, to the below terms, conditions and obligations. 1. Assignor will execute and deliver all such other and additional instruments, notices, releases, and other documents and will do all such other acts as may be necessary to more fully assign to Assignee or its successors or assigns all of the respective rights and interests herein and hereby granted or intended to be granted. 2. This assignment is expressly made subject to the terms and conditions of said leases, as well as all royalties, overriding royalties and other similar payments with which said leases have heretofore been burdened. Assignees, each to the extent of the interests herein assigned, shall be obligated to bear their prorate share of such lease terms, conditions and obligations. 3. This assignment is made without warranty of title, either expressed or implied, except as to acts by through and under Assignor but not otherwise. 4. This assignment and all the terms and provisions hereof shall be binding upon and inure to the benefit of the parties hereto, their respective legal representatives, successors and assigns. IN WITNESS WHEREOF, this instrument is Executed on the 6th day of October, 2014, but to be effective for all purposes as to each of the Assignments as of the effective date of each such assignment as shown on Exhibit 'B' attached hereto. Incline Resources, LLC By: David Ross, Land Manager STATE OF TEXAS COUNTY OF DALLAS The foregoing instrument was acknowledged before me on this 6th day of the month of October, 2014 by David Ross, Land Manager of Incline Resources, LLC, on behalf of said company. My commission expires: Notary Public +'cbi"4R. WJILLIP.M E FRANCIS "..4":"I Notary Public " STATE OF TEXAS My Comm. Exp. March 3.2018 4052754 Pages: 2 of 4 10/09/2014 02:33 P11 R Fee:$26.00 Steve Moreno, Clerk and Recorder, Weld County, CO in Bill EXHIBIT 'A' 00 C § N N N N N N } g 3 a # a 2 N s e a 0 m a SWNW Ill�Lel III _ E30Ft SESE Nin } » 2 � k® co 2 0 0 0 0 0 0 8 County a)w k \ k 1 Inst # N 1546307 0 N 2103882 \ 0 01 Diamond Hill Industries, Inc. Gleason Land Company Gleason Land Company Shepler & Thomas, Inc. Coral Gulf Exploration Corporation 11/13/1985 Michael H. McCarty and Darlene G. Shepler & Thomas, Inc. McCarty, H&W, Helen Y. McCarty, Patrick W. McCarty and Kathy McCarty, H&W, Michael Dice, successor Trustee for Timothy D. McCarty, McCarty Weld Farms, a general partnership, Helen F. Fickel and Robert Bruce Fickel, H&W Jacob Bernhardt and Lydia Bernhardt Wayne W. Oster & Florence R. Oster George William Griffith and Marjorie May Griffith Miriam F. Griffith Weld County, Colorado Bennett L. Spaur, Jr. etal Date 4/2/1970 12/10/1986 2 a2 /— { LL rr c C-! M/ Ele Gua • EXHIBIT `B' Q� x �o w m a Q Q iW W co') rn <O 14 aQ 2° Q Q <cce <O z O OwW wQz Q WU¢ 0a EwQ -WW 40a � w(A U= Fla Ow f-3 1. WI Q Q Q N Q Wlit O xLI <O O 2 O c o 3 2 V p Q o V :co? 7)1 N bo g �.O T 4 OO N O o 2 - g 0 Eb 42 . m N x <w U o o .L X W �Gm F-� Effective Date Instrument 4045542 .. vi Wh o a.. et vi 3 4043743 4043743 4043743 4043743 4047830 4047830 4047830 4047830 `tt 88888880080 N v v Q 'I" N -el N v N v Q o N v N v Q V- Q a N 0 O O U 00 03 00 OD 0J OD O cv 00 PIaM I 3 v 3 v 3 Nam v 3 v 3 Weld v 3 PPM Weld V 2 m 3 N No 3 N v) 3 kb 3 N m 3 N to 3 N •.o 3 N ‘o 3 N ‘o 3 N %o 3 N to 3 N to 4N zz VI' V 4N 4N NI' 4N 4N 4N Z U y� 28 o r CO N m N Co 0o N WO N O QTR NWNW L7 w In SWNW �g rn SENE SESW NESW SWNW CU z Z z SESW Allen G. Saoud I Incline Resources, LLC NESW ASSIGNEE Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC Incline Resources, LLC ASSIGNOR Ethelyn L. Looy Ethelyn L. Looy Ethelyn L. Looy t m U C :o Z Robin C. Busche Robin C. Busche Robin C. Busche Allen G. Saoud Allen G. Saoud Allen G. Saoud 4035711 Pages: 1 of 3 00/04/2014 03:15 P11 R Fee:$21.00 Steve Moreno. Clerk and Recorder, Weld County. CO ■���NJ41R�}UnYlf�thf6'h!'f+Rl�RC tit Milli Y4 III III ASSIGNMENT OF OIL AND GAS LEASES STATE OF COLORADO § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WELD § On this, the 25th day of June, 2014 comes, Richard L. Kies, M.D., whose mailing address is 259 Deer Creek Lane Cape Girardeau, MO 63701 (herein referred to as "Assignor"), for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, who does hereby bargain, sell, transfer, assign, convey and deliver unto INCLINE RESOURCES, LLC, a Texas Limited Liability Company, whose mailing address is 5019 North Central Expressway, Ste B, Dallas, TX 75205 (herein referred to as "Assignee"), one hundred percent (100%) of Assignors right, title and interest in and to the oil and gas leases described herein on Exhibit 'A' which cover the lands more particularly described on Exhibit 'B' both of which are attached hereto. This Assignment is made and accepted upon the following terms and conditions: I. Assignor will execute and deliver all such other and additional instruments, notices, releases, and other documents and will do all such other acts as may be necessary to more fully assign to Assignee or its successors or assigns all of the respective rights and interests herein and hereby granted or intended to be granted. 2. As part of the consideration for the execution and delivery of this instrument by Assignor, Assignee agrees to all of the terms and provisions hereof and joins in the execution of this instrument to evidence this agreement. TO HAVE AND TO HOLD the Leases, together with all and singular the rights and appurtenances thereto in anywise belonging, unto Assignee, Assignee's successors and assigns, subject to the matters set forth herein; and Assignor does hereby bind itself, and its successors and assigns, to WARRANT AND FOREVER DEFEND all and singular the said Leases unto the said Assignee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any pan thereof. This instrument is executed on this.? 11 day of %T4c./ 2014 but deemed effective as of the date listed above. Assignor: Signature:• By: Richard L. Kies, M.D. Assignee: INCLINE RESOURCES, LLC Signature: By: David Ross, as Land Manager ACKNOWLEDGMENT STATE OF in L.- COUNTY OF l Tyj� cetathebt, This immanent was signed and eivnwlydgrd before moon thAA day of A , MI& by Richard L Kies. M.D.. Public Ca nmimicn Expires: Canmissioaa: STATE OF TEXAS COUNTY OF DALLAS This mrfimmt VMS signed and acknowledged before me on this 256 day of Jtnq 2014, by David Ross as Land Maim= of Incline Resources, LLC. v WILLIAM E FRANCIS Notary Public Pl STATE OF TEXAS My Comm. Esp. March 3, 2018 4035711 Pages: 2 of 3 teve08/04/2014 Moreno. 03:15 lek and Recorrder. Weld Cmmty, CO Mill WAILIV:14A'rnURh14LD {MALALIDMilliinIII EXHIBIT 'A' ATTACHED TO AND MADE A PART OF THAT CERTAIN ASSINGMENT OF OIL, GAS, AND LEASES MADE THIS 25'" DAY OF JUNE 2014, BY AND BETWEEN RICHARD L. KIES, M.D., AS ASSIGNOR, AND INCLINE RESOURCES, LLC, AS ASSIGNEE. This Exhibit is attached as a supplement to the Assignment in order to more particularly describe the interest in the Oil and Gas Leases that are being conveyed unto Assignee, which are as follows: Lease Date Lessor Lessee Instil County State 1 6/3/1986 Jacob Bernhardt and Lydia Bemhardt Diamond Hill Industries, Inc 2060678 Weld CO 2 4/2/1970 Wayne W. Oster & Florence R. Oster T. S. Pace 1546307 Weld CO 3 12/1/1986 George William Friffith and Marjorie May Griffith Gleason Land Company 2080065 Weld CO 4 12/1/1986 Miriam F.GHfflth Gleason Land Company 2080056 Weld CO 5 12/10/1986 Weld County, Colorado Shepler& Thomas, Inc. 2103882 Weld CO 6 11/13/1985 Michael H. McCarty and Darlene G. McCarty, H&W, Helen Y. McCarty, Patrick W. McCarty and Kathy McCarty, H&W, Michael Dice, successor Trustee for Timothy D. McCarty, McCarty Weld Farms, a general partnership, Helen F. Flckel and Robert Bruce Fidcel, H&W Sheeler&Thomas, Inc. 2034925 Weld CO 7 3/15/1985 Bennett L Spaur, Jr. and Marilyn 5. Spaur, Byron L Spaur and Ruby Spaur, H&W, Gilbert L Spaur and Caron Spaur, Glenn H. Spaur Coral Gulf Exploration Corporation 2010111 Weld CO 4035711 Pages: 3 of 3 08/04/2014 03:15 PM R Fee:221.00 Steve Mren Clerk and Recorder, Weld County CO VIIINJ�1NP1litlNi9ChFi�1ti�Nei+IwrlYini4klilIA IN EXHIBIT 'B' ATTACHED TO AND MADE A PART OF THAT CERTAIN ASSINGMENT OF OIL, GAS, AND LEASES MADE THIS 25th DAY OF JUNE 2014, BY AND BETWEEN RICHARD L. KIES, M.D., AS ASSIGNOR, AND INCLINE RESOURCES, LLC, AS ASSIGNEE. This Exhibit is attached as a supplement to the Assignment in order to more particularly describe the legal descriptions of the leased premises in question, which are as follows: Township 4 North. Range 66 West. 6t° P.M. Section 7: SW/4SW/4 Township 4 North, Range 67 West, 6ib P.M. Section 10: SE/4SE/4, E/2SW/4 Section 28: NW/4NW/4, SW/4NW/4, SE/4NE/4 4045542 Pages: 1 of 5 09/12/2014 03:13 PM R Fee:$31.00 Steve Moreno, �IIIkiragintt'}iIifille4�leitTANANAWeld IIMIll�:1'e II III ASSIGNMENT OF OIL AND GAS LEASES STATE OF COLORADO § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WELD § On this, the 3'a day of July, 2014 comes, ETHELYN L. LOOP, whose mailing address is 3506 Seahorn Circle San Diego, CA 92130 (herein referred to as "Assignor"), for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, who does hereby bargain, sell, transfer, assign, convey and deliver unto INCLINE RESOURCES, LLC, a Texas Limited Liability Company, whose mailing address is 5019 North Central Expressway, Ste B, Dallas, TX 75205 (herein referredito as "Assignee'), one hundred percent (100%) of Assignors right, title and interest in and to the oil and gas leases described herein on Exhibit 'A' which cover the lands more particularly described on Exhibit 'B' both of which are attached hereto. This Assignment is made and accepted upon the following terms and conditions: 1. Assignor will execute and deliver all such other and additional instruments, notices, releases, and other documents and will do all such other acts as may be necessary to more fully assign to Assignee or its successors or assigns all of the respective rights and interests herein and hereby granted or intended to be granted. 2. As part of the consideration for the execution and delivery of this instrument by Assignor, Assignee agrees to all of the terms and provisions hereof and joins in the execution of this instrument to evidence this agreement. 3. It is agreed that the Assignor is conveying any and all right to interests that may currently be or have been held in suspense due to title curative or related issues with this working interest. TO HAVE AND TO HOLD the Leases, together with all and singular the rights and appurtenances thereto in anywise belonging, unto Assignee, Assignee's successors and assigns, subject to the matters set forth herein; and Assignor does hereby bind itself, and its successors and assigns, to WARRANT AND FOREVER DEFEND all and singular the said Leases unto the said Assignee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof. This instrument is executed on this day of t.eu-vv 14 but deemed effective as of the date listed above. Assignor: Assignee: INCLINER .- : RCES, LLC Signature: By: William Francis, as Managing Member ACKNOWLEDGMENT STATE OF COUNTY OF day of This instrument was signed and acknowledged before me on du STATE OF TEXAS COUNTY OF DALLAS , 2014, by Ethelyn L Looy. Notary Public Commission Expires: Commission IS: This instrument was signed and acknowledged before me on this °1 day of c W-111(1014, by Willie Francis as Managing Member of Incline Resources. f1.C. ' + ,v • ,' V BRITTANYAVERY MY COMMISSION EXPIRES M x18,2017 Notary Public Commission Expires: Commission#: 4045542 Pages: 2 of 5 09/00 Stteve Moreno, /2014 eClerk and Rec3:13 PM R order, Weld County, co 1111 �11rWlw�I�itIY+4 hWMIlii &I1/2!!r'c!JLi II III 4045542 Pages: 3 of 5 09/12/2014 03:13 PI1 R Fee:$31.00 Steve Moreno Clerk and Recorder, Weld County, 1111 hU�1 IFINl�4i�'li�irlsiLlr�i�irlL36 f(R4SI�rU�Y i �� III CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of San Diego On September 3, 2014 Dela personally appeared before me } Michelle S. Malonzo, Notary Public Ham Inert Name end Title oleo Officer Ethelyn L. Loov If*IW{e a Syna4.1 MICHELLE S. MAL0NZ0 Commission #I 1920247 Notl#ry Public • California I San Dlago County M9 Comm. Expires Jan 30.2015 Place Notary Sod aurae who proved to me on the basis of satisfactory evidence to be the person(s) whose name() is/aril subscribed to the within instrument and acknowledged to me that ha/shaft* executed the same in blether/that authorized capacity(isd), and that by fjiMltter/ttrtr signature(s) on the instrument the person,(a), or the entity upon behalf of which the person(,$) acted, executed the Instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature OPTIONAL _ Though the information below is not required by law, it may prove valuable to persons retying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Assignment of Oil and Gas Leases Document Datea 7/3/2014 Number of Pages: 4 Signer(s) Other Than Named Above: Capacity(ies) Claimed by SIgner(s) Signer's Name: €thelyn L. Looy 2 Individual ❑ Corporate Officer — Title(s): ®Partner —❑ Limited O General Attorney in Fact ❑ Trustee O Guardian or Conservator ❑ Other: Signer Is Representing: Self HICHT THUIIFPrI,T Ol SIGFTF Top of thumb here Signers Name: ❑individual Corporate Officer — Title(s): Partner —❑Limited ❑General ['Attorney in Fact ['Trustee ❑Guardian or Conservato ❑Other Signer Is Repre = ting: nl(,' IT D I11r.1GP•.l- I Cl SIGfE Top al thumb hate C047-4. d h, 02007Na:he Nay Aaaodnon• 9350 De Sere Le, PCB= 24W.anc.t CA 91313.242. meelladonaaIooryop •aame5077 Reader C+ThFRee ldpD8756827 EXHIBIT 'A' ATTACHED TO AND MADE A PART OF THAT CERTAIN ASSINGMENT OF OIL, GAS, AND LEASES MADE THIS 3RD DAY OF JULY 2014, BY AND BETWEEN ETHELYN L. LOOY, AS ASSIGNOR, AND INCLINE RESOURCES, LLC, AS ASSIGNEE. This Exhibit is attached as a supplement to the Assignment in order to more particularly describe the interest in the Oil and Gas Leases that are being conveyed unto Assignee, which are as follows: Lease ate Lessor Lessee Inst4 County State 1 6/3 986 Jacob Bernhardt and Lydia Bernhardt Diamond Hill Industries, Inc. 2060678 Weld CO 2 4/2/1970 Wayne W. Oster & Florence R. Oster T. S. Pace 1546307 Weld CO 3 12/1/1986 George William Friffith and Marjorie May Griffith Gleason Land Company 2080055 Weld CO 4 12/1/1986 Miriam F. Griffith Gleason Land Company 2080056 Weld CO 5 12/10/1986 Weld County, Colorado Shepler & Thomas, Inc. 2103882 Weld CO 6 11/13/1985 Michael H. McCarty and Darlene G. McCarty, H&W, Helen Y. McCarty, Patrick W. McCarty and Kathy McCarty, H& W, Michael Dice, successor Trustee for Timothy D. McCarty, McCarty Weld Farms, a general partnership, Helen F. Fickel and Robert Bruce Fickel, H&W Shepler &Thomas, Inc. 2034925 Weld CO 7 3/15/1985 i Bennett L. Spaur, Jr. and Marilyn 5. Spaur, Byron L. Spaur and Ruby Spaur, H&W, Gilbert L. Spaur and Caron Spaur, Glenn H. Spaur Coral Gulf Exploration Corporation 2010111 Weld CO 4045542 Pages: 4 of 5 09/12/2014 03:13 PM R Fee:$31.00 Steve Moreno. Clerk and Recorder, Weld County, CO viii IIrJINWlIt lhtwoiKCIPT,Sk frhilwiiW 1i Is EXHIBIT 'B' ATTACHED TO AND MADE A PART OF THAT CERTAIN ASSINGMENT OF OIL, GAS, AND LEASES MADE THIS 3r° DAY OF JULY 2014, BY AND BETWEEN ETHELYN L. LOOY, AS ASSIGNOR, AND INCLINE RESOURCES, LLC, AS ASSIGNEE. This Exhibit is attached as a supplement to the Assignment in order to more particularly describe the legal descriptions of the leased premises in question, which are as follows: Township 4 North, Range 66 West, 6th P.M. Section 7: SW/4SW/4 Township 4 North, Ranee 67 West, 6th P.M. Section 10: SE/4SE/4, E/2SW/4 Section 28: NW/4NW/4, SW/4NW/4, SE/4NE/4 4045542 Pages: 5 of 5 09/12/2014 03:13 PM R Fec:$31.00 Steve Moreno, Clark and Recorder, Weld Countv, CO liii r�rt j i ;f�ln��ru+srl�r,K�,«u VIII 4037620 Pages: 1 of 2 00/12/2014 02:10 P11 R Fee:M R.0a Steve Moreno, Clerk end Recorder, Weld County, Co VIIIPAW t(11105:li Will ASSIGNMENT OF OIL AND GAS LEASES STATE OF COLORADO § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WELD § On this, the le day of July, 2014 comes, Janet M. Tatom and Jack D. Tatum, whose mailing address is 2727 Sequin Dungeness Way Sequim, WA 98382 (herein refined to as "Assignor"), for and in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, who does hereby bargain, sell, transfer, assign, convey and deliver unto INCLINE RESOURCES, LLC, a Texas Limited Liability Company, whose mailing address is 5019 North Central Expressway, Ste B, Dallas, TX 75205 (herein referred to as "Assignee"), any and all of Assignor's right, title and interest in and to the oil and gas leases described herein on Exhibit 'A'. This Assignment is made and accepted upon the following terms and conditions: 1. Assignor will execute and deliver all such other and additional insvuments, notices, releases, and other documents and will do all such other acts as may be necessary to more fully assign to Assignee or is suaressms or assigns all of the respective rights and interests herein and hereby granted or intended to be granted. 2. As part of the consideration for the execution and delivery of this instnnnent by Assignor, Assignee agrees to all of the terms and provisions hereof and joins in the execution of this instrument to evidence this agreement 3. It is further agreed that if any funds, which are currently held in suspension by an operator due to the leek of awareness of where to send Grantor's portion of revenue deriving from any well included in the lands herein, should be recovered by the Grantee, then the Grantee shall be required to reimburse the payee in the net amount that is tendered to Grantee from the operator. If there am funds recovered in this manner, but which are recovered only after Grantee tenders the proportionate share of any back due drilling expense not paid by Grantor, then said funds shall be deemed to be solely owned by Grantee. The funds mentioned in this provision should be accounted for separately on a well by well basis. TO HAVE AND TO HOLD the Leases, together with all and singular the rights and appurtenances thereto in anywise belonging, unto Assignee, Assignee's successors and assigns, subject to the matters set forth herein; and Assignor does hereby bind itselt and its successors and assigns, to WARRANT AND FOREVER DEFEND all and singular the said Leases unto the said Assignee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereat SI-This instrument is executed on this` day of Id. 2014 but deemed effective as of the date listed above. Assignor: Assignee: INCLINE RESOURCES, LW Signature: ,Ct'-' ✓`„'V By: David Ross, Land Manager ACKNOWLEDGMENT STATE OF COUNTY OF UNrt r T This immanent wet signed and lygpe re on this dry of l�gAlv1.14 2014, by Janet M. TasomTatom. and Jack D. Terra % 111 X4O � ZZ. STATE OF TEXAS OF lltl" r%in Dh Hiws COUNTY OF DALLAS �[ This immanent anent was signed and adovwkdged before me on this 3o day of re /y 2014, by David Rinses Land Manager of Incline Resources. LLC. f a0TARy gotoiMM2016 ti jPUBtf WILLIAM E FRANCIS / ). Notary Public ek� STATE OF TEXAS rest My Comm. Ba. Mash 8.2018 Notary Public Commission Eept Commission it 4037620 Pages: 2 of 2 08/12/2014 02:10 PM R Fee:416.00 Steve Moreno, Clerk and Recorder; Weld County, CO FUfMNei .1141a7VVIGII III I-1 N 12/10/1986 - ti N 8 N b 0 W b 0 y N Michael H. McCarty and Darlene G. McCarty, H&W, Helen Y. McCarty, Patrick W. McCarty and Kathy McCarty, H&W, Michael Dice, successor Trustee for Timothy D. McCarty, McCarty Weld Farms, a general partnership, Helen F. Fickel and Robert Bruce Flckel, H&W Weld County, Colorado Miriam F. Griffith George William Frifflth and Marjorie May Griffith Wayne W. Oster & Florence R. Oster Jacob Bernhardt and Lydia Bernhardt if o Sheeler & Thomas, Inc. Sheeler & Thomas, Inc. Gleason Land Company Gleason Land Company T. S. Pace Diamond Hill Industries, Inc. a A tn i 2103882 N 8m T 2080055 1+ v hi J CO rg a a 6 a 1 a l a s 4 0 a a CO a 2 Cli CO E30Ft 10 4N 67W SESE CO SESE 10 4N 67W CO SESE 10 4N 67W CO SESE 10 4N 67W [CO SWNW 7 4N 66W State _ Qtr Sec Twn Rng Hy HY >C1) - > tll Z cn co 311 Or y >� Y rni da [vl � C1 as co,< Y O m"I Zr 0 A W 8 to R1 H R1 kR2226765 B 1276 REC 02226765 09/10/90 10:48 25.00 1/005 F 0197 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO ASSIGNMENT OF INTEREST IN OIL AND GAS LEASES Wellington Limited Partnership, a limited partnership formed under the laws of the state of Texas, whose address is P.C. Box 2768, Amarillo, TX 79105, does hereby assign,.convey, and transfer to the parties indicated in Exhibit "B", attached hereto and made a part hereof (Assignees"), in the proportions indicated in Exhibit "B" with respect to each party, as an undivided interest, subject to the exceptions, restrictions, terms, and conditions set forth herein, all of its right, title, and interest in and to the leases set forth in Exhibit "A", attached hereto and made a part hereof (the "Leases"), insofar as the Leases cover the lands described in Exhibit "A" (the "Lands"). To have and to hold unto said Assignees, their successors and assigns, forever, subject to the following terms and conditions. 1. The interests assigned hereunder are subject to the terms of the Leases, and shall bear their proportionate share of landowners' royalties under the Leases and their proportionate share of existing overriding royalty interests. 2. This assignment is made without warranty of any kind, either express or implied. 3. The interest in the Leases assigned hereunder relating to the NW/4NW/4 of Section 28, Township 4 North, Range 67 West shall be free and clear of any implications of any spacing order covering the W/2NW/4 of Section 28, Township 4 North, Range 67 West, 6th P.M. Assignees shall be responsible only for their 90.0% share of costs as to the NW/4NW/4 of said Section 28, receiving a 67.5% net revenue interest in production from the NW/4NW/4 of said Section 28. Assignees shall have no right to force pool the interest conveyed hereunder with any interest in any lease covering the SW/4NW/4 of Section 28 or with said SW/4NW/4 of Section 28 itself. 4. Excepted and reserved from this assignment are all interests in casing, tubing, wellhead equipment, flowlines, treating and separating equipment, tank battery, and all other personal property and equipment used in connection with any wells located on the Lands. 5. The interests assigned hereunder shall be subject to, and governed by, the terms of that certain operating agreement covering the Leases and the Lands dated May 14, 1985 between Shepler & Thomas, Inc. as Operator and Wellington Limited Partnership as Non - Operator as amended by agreement entitled Amendment to Operating Agreement dated August 1, 1990 (the "Operating Agreement"). 6. Pursuant to the terms of the Operating Agreement, all proceeds from the sale of oil and gas from wells located on the 1 B I276 REC 02226765 09/10/90 10:48 a 25.00 2/005 F 0198 MARY ANN FEUERSTEIN CLERK 6 RECORDER WELD CO, CO Lands and attributable to the interests assigned hereunder shall be paid to the Operator of the wells under the Operating Agreement and the Operator shall remit such Assignee's share of revenues after deducting operating expenses, ad valorem taxes, and any other charges authorized by the Operating Agreement. 7. The effective date of the transfer of the interests conveyed hereunder shall be August 1, 1990. IN WITNESS WHEREOF, this instrument is executed this 1st day of August, 1990. WELLINGTON LIMITED PARTNERSHIP BY: CHIMAYO ENERGY CORPORATION, General Partner /,J5 . Shultz/PSresident STATE OF TEXAS SS: COUNTY OF POTTER The foregoing instrument was acknowledged before me this Zl' day of August, 1990, by Jeb S. Shultz, President of Chimayo Energy Corporation, General Partner of Wellington Limited Partnership, a limited partnership formed under the laws of the state of Texas. Witness my hand and notarial seal. I commislipn expires: Notary Puiilic 2- L4-94 2 B 1276 REC 02226765 09/10/90 10:48 425,00 3/005 F 0199 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT "A" TO ASSIGNMENT OF INTEREST IN OIL AND GAS LEASES FROM WELLINGTON LIMITED PARTNERSHIP LEASES: a. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: b. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: c. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: d. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: e. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: f. LESSOR: LESSEE: DATE: RECORDED: DESCRIPTION: Jacob Bernhardt & Lydia Bernhardt, h & w Diamond Hill Industries, Inc. June 3, 1986 Book 1119, Reception No. 2060678 Insofar as the lease covers the following described lands: Township 4 North, Range 66 West, 6th P.M. Section 7: SW/4NW/4 Wayne W. Oster & Florence R. Oster T.S. Pace April 2, 1970 Book 624, Reception No. 1546307 insofar as the lease covers: Township 4 North, Range 67 West, 6th P.M. Section 10: SE/4SE/4, to base of Codell formation only George William Griffith & Marjorie May Griffith Gleason Land Company December 1, 1986 Book 1138, Reception No. 2080055 Township 4 North, Range 67 West, 6th P.M. Section 10: SE/4SE/4, to base of Codell formation only Miriam F. Griffith Gleason Land Company December 1, 1986 Book 1138, Reception No. 2080056 Township 4 North, Range 67 West, 6th P.M. Section 10: SE/4SE/4, to base of Codell formation only Weld County, Colorado Shepler & Thomas, Inc. December 10, 1986 Book 1160, Reception No. 2103882 Township 4 North, Range 6Ti7est, 6th P.M. Section 10: East 30 feet of SE/4SE/4 Michael H. McCarty and Darlene G. McCarty, husband and wife; Helen Y. McCarty, a single woman; Patrick W. McCarty and Kathy McCarty, husband and wife; Michael Dice, successor Trustee for Timothy D. McCarty; McCarty Weld Farms, a general partnership; and Helen F. Fickel and Robert Bruce Fickel, wife and husband Shepler & Thomas, Inc. November 13, 1985 Book 1094, Reception No. 2034925 Insofar as the lease covers the following described lands: Township 4 North, Range 67 West, 6th P.M. Section 28: NW/4NW/4 8 1276 REC 02226765 09/10/90 10:48 25.00 4/005 F 0200 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Exhibit E to Assignment of Interest in Oil and Gas Leases from Wellington Limited Partnership Nu U Se6eo 6ebe6e6e MM."i OmMMM O,MM MM OO-+-+OOOO .-.g mm 0 O o o o O o 6$6Q64646E b'l— bE Be be BQ fl46Q E4 BQ Be 8e sQ 3Q 846s Be bE 8e MMMNV1 M.�MMMMM MMMhMMMMMMeMMen MMMN NNO bM MMMMMM MMMMM MM�pM OOON MMo00000O0O00O000O00 M M- N O .r V•i MMMMM M V7 M M M h h Yl ^.N MMmo m.- .r..a M.-.-..+ mm� No000.-.Mwma0m O. O�O�00O.m O. 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B 1276 REC 02226765 09/10/90 10:48 p25.00 5/005 F 0201 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Exhibit B to Assignment of Interest in Oil and Gas Leases from Wellington ***# O.O C 00 nc c ° a C's enna 33 00000 o o0 in Na 2PQ0Q8-i2 NU'O N.a U Q bso n en�—pene, 0mm O'OO 0-'- ar,aa 0000 ON a a N **H� *ee**n *fln*n04 cnmmenr,tn<ne c',top.0to 00000000to 0,000000 O O C .h.Vl V v1 V7 h h V, 1n V5 h h 1I) Vl cnaaaaraooaa o cen — N N NN fn .prp,7 p3 .8.iN O� o0NN0NCNN`'N Xo z0 UUZ VU ZUOFm20 c O O U O N .+ cn 7 n 'n R O cc -2 ye.Socgdd-3 A A o A c I UQ UU3ZUaa a a a a a a a a 00000000 'fl N NNONNa hONNV0 m OafN0-.%N 2gop °g .yBg2 gg�� X Xx3in3x 4 0 y tk$ F:On�t cU a. „, .g 02Oc B d G t oi'CNG7 �ri�•m cCti c -A10 • w v i, E E a ;2 o 04 a°zan 1I UpHg, 332 AR2108419 B 1164 REC 02108419 07/27/87 13:25 > 9.00 1/003 F 1748 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO ASSIGNMENT OF INTERESTS IN OIL AND GAS LEASES MIRAMAR LAND CO., INC., a Texas corporation, whose address is P. 0. Box 2768, Amraillo TX 79105, ("Assignor"), in consideration of $10.00 and other good and valuable consideration but subject to the exceptions, reservations, terms and conditions set forth herein, does hereby assign, convey and transfer to Wellington Limited Partner- ship, a limited partnership formed under the laws of the State of Texas, c/o Wellington Limited Partnership Assessment, P. 0. Box 2768, Amarillo TX 79105, ("Assignee"), all of its right, title and interest in and to the oil and gas leases set forth in Exhibit "A.", attached hereto and made a part hereof, (the "Leases"). To have and to hold the interest transferred and assigned unto Assignee, its successors and assigns, forever, subject to the following terms and provisions. 1. From the interest conveyed hereunder, Assignor does hereby expressly except and reserve unto itself, its successors and assigns, as an overriding royalty, an undivided 5.000000% of 8/8ths of all oil, gas, casinghead gas and associated hydrocarbons produced, saved and marketed from, or attributable to, the lands described in Exhibit "A", pursuant to the Leases. The overriding royalty interest reserved hereunder shall be free and clear of all cost and expense of develop- ment and operation except ad valorem tax, windfall profit tax and other applicable taxes. Said overriding royalty interest shall not, in any event, be paid or accrued upon any oil, gas, casinghead gas and other hydrocarbon substances used for operating, development or production purposes upon the lands to which said overriding royalty interest relates, or unavoidably lost; and no overriding royalty shall be paid upon gas used for represuring or recycling operations or pressure maintenance operations benefitting said lands. 2. The overriding royalty reserved hereunder shall be proportion- ately reduced to the extent that the interest in the Leasesassigned hereunder as it relates to the lands described in Exhibit "A", is less than the entire interest in the Leases and to the extent that the interest covered by the Leasesin the oil. and gas mineral estate in the lands to which the overriding royalty pertains is less than the entire oil and gas mineral estate in said lands. 3. The'overriding royalty reserved hereunder shall be free of any declaration of pooling or any spacing order covering the E/2SE/4 of Section 10, Township 4 North, Range 67 West, 6th P.M. and shall not be entitled to participate in any production from the NE/4NE/4 of said Section 1O, but shall be entitled to receive a 4.5% net revenue interest in production from the sE/4SE/4 of said Section 10. 4. The interest assigned hereunder is subject to the terms of the Leases, to existing overriding royalty interests, and to appli— cable prior assignments of the Leases,:and shall bear its proportionate share of landowners' royalties and said existing overriding royalty interests. B 1164 REC 02108419 07/27/87 13:25 59.00 2/003 F 1749 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 5. The interest assigned hereunder shall be free of any declara- tion of pooling or spacing order covering the E/2SE/4 of Section 10, Township 4 North, Range 67 West, 6th P.M. Assignee shall be responsi- ble only for its 90.0% share of costs as to the SE/4SE/4 of said Section 10, receiving a 67.500% net revenue interest in production from the SE/4SE/4 of said Section 10. Assignee by acceptance of this assignment waives any right to force pool the interest conveyed hereunder with any interest in any lease covering the NE/4NE/4 of Section 10, or with said NE/4NE/4 of Section 10 itself. 6. This assignment is made without warranty of any kind, either express or implied ,but Assignor does warrant that the Lease is valid and in effect and that it owns the interest being conveyed hereunder. 7. The effective date of the transfer of the interests conveyed hereunder shall be the date of first production from the lands described in Exhibit "A". 8. Excepted from this assignment are all interests in personal property and equipment used in connection with the Oster 10-1 well located in the SE/4SE/4 of Section 10, Township 4 North, Range 67 West, 6th P.M., including but not limited to, all casing, wellhead equipment, flowlines, treating and separating equipment and tank batteries. IN WITNESS WHEREOF, this Assignment is executed this 22nd day of June, 1987. X ATTEST: MIRAMAR LAND CO., INC. BY Secretary Jeb ultz, Vice-rresicent Q, LORADO OE'xfsunit ) �.,..-. `T} U tFERSON ss: ;st Lr- OL %XEER ) A •.,-UBL1, o ,�,' *Fi -.vibe foregoing instrument was acknowledged before me this 22nd �,: °FCS%f'June, 1987, by)t %/) /Ace 412- Virp-President of MIRAMAR LAND CO., INC., a Texas corporation. Witness my hand and notarial seal. n x �2 J6lotary Public My Commission expires June 30, 1991 P 1164 REC 02108419 07/27/87 13:25 49.00 3/003 F 1750 MARY ANNFEUERSTEIN CLEAR & RECORDER WELD CO, CO EXHIBIT "A" To Assignment of Interest in Oil and Gas Leases from Miramar Land Co. Inc., dated June 22, 1987. Leases: 1. LESSOR: LESSEE: DATE: RECORDED: LANDS: 2. LESSOR: LESSEE: DATE: RECORDED: LANDS: 3. LESSOR: LESSEE: DATE: RECORDED: LANDS: 4. LESSOR: LESSEE: DATE: RECORDED: LANDS: Wayne W. Oster & Florence R. Oster T. S. Pace April 2, 1970 Book 624, Rec. No. 1546307 Insofar as said lease covers: Township 4 North, Range 67 West, 6th P.N. • ,Section 10: SE/4SE/4, to base of Codell formation only George William Griffith & Marjorie May Griffith Gleason Land Company December 1, 1986 Book 1136, Rec. No. 2080055 Township 4 North Range 67 West, 6th P.M. Srr•t.ion 10: SE/4SE/4,to base of Codell formation only Miriam F. Griffith Gleason land Company December 1, 1986 Book 1138, Rec. No. 2080056 Township 4 North, Range 67 West, 6th P.M. Section In: SE/45E/ , to base of Codell formation only Weld County, Colorado Shepler & Thomas, Inc. December 10, 1986 Book 1160, Rec. No. 2103882 Township 4 North, Range 67 West,t 6th P.M. Section 10: East 30 feet of SE/4SE/4 B 1164 REC 02108418 07/27/87 13:25 ,$'9.00 1/003 F 1745 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO ASSIGNMENT OF INTEREST IN OIL AND GAS LEASES AR2108418 Shepler & Thomas, Inc., P. 0 . Box 2164, Evergreen CO 80439 a Colorado corporation, ("Assignor"), in consideration of $10.00 and other good and valuable consideration does hereby assign, convey and transfer as undivided interests to the parties indicated below and in the proportions indicated with respect to said parties: Miramar Land Co., Inc. 90.000000% P. 0. Box 2768 Amarillo TX 79105 Shepler Enterprises, Inc. 11153 Conifer Mountain Road Conifer CO 80433 Allen N. Thomas 157 Shady Rock Lane Garfield AR 72732 James C. Shepler 11153 Conifer -.Mountain Road Conifer,C0.80433i Mark F. Thomas 1919 Southdown Court Ft. Collins CO 80526 William R. Bell 6271 Highway 73 Evergreen CO 80439 3.000000% 2.000000% 1.666667% 1.666666% 1.666666% ("Assignees") subject to the exceptions, restrictions, terms and conditions set forth herein all of its right, title and interest in and to the leases set forth in Exhibit "A", attached hereto and made a part hereof, (the "Leases") insofar as the Leases cover the lands described in Exhibit "A". To have and to hold unto said Assignees their successors and assigns forever, subject to the following terms and conditions: 1. The interest assigned hereunder is subject to the terms of the Leases and to all overriding royalty interests created prior to the date of this Assignment. This Assignment is made subject to that certain Assignment from Amoco Production Company to Shepler & Thomas, Inc., dated June 1, 1987, and recorded in Book 1160, Reception No. 2104141, Weld County, Colorado records ("the Amoco Assignment"). Assignor reserves the right, power and authority to make the reassignment provided for in Section 11 of the Amoco Assignment under the circumstances provided for in said Section 11, free and clear of all burdens created by, through, or under Assignor,. including the assignment of interest covered hereunder. 2. The interest assigned hereunder shall be free and clear of any implications of any spacing order or declaration of pooling covering the E/2SE/4 of Section 10, Township 4 North, Range 67 West, B 1164 REC 02108418 07/27/87 13:25 9.00 2/003 F 1746 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 6th P.M. Assignees shall be responsible only for their proportionate share of 100% of costs as to the SE/4SE/4 of said Section 10, receiving their proportionate share of an 80.000% net revenue interest in production from the SE/4SE/4 of said Section 10. Assignees by acceptance of this assignment waive any right to force pool the interest conveyed hereunder with any interest in any lease covering the NE/4SE/4 of Section 10 or with said NE/4SE/4 of Section 10 itself. 3. The effective date of the transfer of the interests con- veyed hereunder shall be the date of first production from the lands described in Exhibit "A". 4. This assignment is made without warranty of any kind either express or implied. 5. Excepted from this assignment are all interests in personal property and equipment used in connection with the Oster 10-1 well located in the SE/4SE/4 of Section 10, Township 4 North, Range 67 West, 6th P.M., including, but not limited to, all casing, wellhead equipment, flowlines, treating and separating equipment and tank batteries. IN WITNESS WHEREOF, this Assignment is executed this 19th ;:da y,of June, 1987. ATTEST:. A William R. Bell, Secretary STATE OF COLORADO ) ss: COUNTY OF JEFFERSON) SHEPLER & THOMAS, INC. BY . C: Sheller, President The foregoing instrument was acknowledged before me this 19th day of June, 1987 by J. C. Shepler, President of Shepler & Thomas, Inc., a Colorado corporation. Witness my hand and notarial seal. ary Public My Commission expires June 30, 1991 B 1164 REC 02108418 07/27/87 13:25 *9.00 3/003 F 1747 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT "A" To Assignment of Interest in Oil and Gas Leases from Shepler & Thomas, Inc., dated June 19, 1987. Leases: 1. LESSOR: Wayne W. Oster & Florence R. Oster LESSEE: T. S. Pace DATE: April 2, 1970 RECORDED: Book 624, Rec. No. 1546307 LANDS: Insofar as said lease covers: Township 4 North Range 67 West, 6th P.M. Section 10: SE/4SE/4, to base of Codell formation only 2. LESSOR: George William Griffith & Marjorie May Griffith LESSEE: Gleason Land Company DATE: December 1, 1986 RECORDED: Book 1138, Rec. No. 2080055 LANDS: Township 4 North Range 67 West, 6th P.M. Section 10: SE/LSE/4,to base of Codell formation only 3. LESSOR: Miriam F. Griffith LESSEE: Gleason Land Company DATE: December 1, 1986 RECORDED: Book 1138, Rec. No. 2080056 LANDS: Township 4 North Range 67 West, 6th P.M. Section 10: SE/4SE/4, to base of Codell formation only 4. LESSOR: Weld County, Colorado LESSEE: Shepler & Thomas, Inc. DATE: December 10, 1986 RECORDED: Book 1160, Rec. No. 2103882 LANDS: Township 4 North, Range 67 West, 6th P.M. Section 10: East 30 feet of SE/46E/4 Hello