EX-10.3
ASSIGNMENT OF WORKING INTEREST
OFFICIAL RECORDS INSTRUMENT # 200017569 1 Pg
Vol 1096 Page 446
ASSIGNMENT OF WORKING INTEREST
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THIS ASSIGNMENT made and entered into this 1st day of December, 2000, by
and between Xxxxxx Oil Properties, Inc.., as Assignor and Nova Oil, Inc., 0000 X
Xxxxxx Xxxx, Xxxxxxx ,XX 00000-0000, as Assignee.
WITNESSETH:
That, for and in consideration of the sum of Ten Dollars ($10.00) and
other good and valuable consideration, the receipt of which is hereby
acknowledged, the Assignor does hereby BARGAIN, SELL, TRANSFER and CONVEY,
without representation of warranty of any kind, either expressed or implied, and
without recourse to the Assignor, unto the Assignee an undivided 49.5% working
interest, being a net revenue interest of 38.61%, in and to the oil and gas
which may be produced, saved and marketed from the Xxxxx Xxxxxxx #1. The legal
description being:
Xxxxx-Xxxxxxx #1 - 43.7342 Acre Unit in the Xxxx Xxxxxx Survey,
Abstract 47, Bastrop County Texas, RRC # 19600
The working interest herein assigned to be subject to all costs of
drilling, mining, completing and producing operations as well as all other
costs, and to be subject to its proportionate part of all ad valorem,
production, severance and other similar taxes.
EXECUTED This 18 day of Dec., 2000.
By: /s/X. Xxxx Xxxxxx
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Xxxxxx Oil Properties, Inc.
State of Texas
County of Xxxxxx
The foregoing instrument was acknowledged before me this 18th day of December,
2000, by X. Xxxx Xxxxxx, President of Xxxxxx Oil Properties Inc
WITNESS my hand and seal.
My Commission Expires: May 18, 2002
/s/Xxxxx Xxxxx
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Notary Public
Xxxxx Xxxxx
Printed Name
FILED AND RECORDED
OFFICIAL PUBLIC RECORDS
/S/Xxxxxxx Xxxxxxx
2000 DEC 28 08:55 AM 200017569
XXXXXXXX $9.00
Xxxxxxx Xxxxxxx COUNTY CLERK
BASTROP COUNTY, TEXAS