ASSIGNMENT OF WORKING INTEREST
Exhibit 10.2
PDC 2002-B
This Assignment made this 27th day of January 2004 from PETROLEUM DEVELOPMENT CORPORATION, a Nevada Corporation, (herein called "Assignor") to PDC 2002-B, Limited Partnership, (herein called "Assignee");
WITNESSETH
Assignor, for the sum of One Dollar ($1.00) and other valuable consideration, the receipt of which is hereby acknowledged, does by these presents GRANT, BARGAIN, SELL, EXCHANGE, CONVEY, ASSIGN, TRANSFER, SET OVER and DELIVER unto Assignee all of the following:
1. The specific undivided interest shown in Exhibit A in respect of each of the oil and gas leases shown in Exhibit A, but only to the extent such leases cover lands and depths necessary for production of the specific oil and gas well identified in Exhibit A. This is intended to be a "wellbore assignment." Assignee shall be entitled to receive that share of production from the well identified in Exhibit A which is attributable to the undivided interest here being assigned, but the Assignee shall have, as a result of this Assignment, no interest whatsoever in any other oil and gas well, whether now existing or hereafter drilled, which may be located on the lands described in Exhibit A or on any land pooled therewith. Assignor expressly excepts from this Assignment and reserves to itself, its successors and assigns, the remainder of the lease and the leasehold oil and gas estate, including (without limitation) the right to produce other xxxxx which are or may be located on the lands described in Exhibit A and lands pooled therewith, without the obligation to account to Assignee for any such other production.
2. The specific undivided interest shown in Exhibit A in all valid unitization, pooling, operating and communitization agreements, declarations and orders involving the leasehold interests here being assigned, but only to the extent that such agreements, declarations and orders relate to the well specifically identified in Exhibit A and in all other respects limited to the manner as set forth in Paragraph 1, above.
3. The specific undivided interest shown in Exhibit A in all valid oil and gas sales, purchase, exchange and processing contracts, but only to the extent that such contracts relate to the well specifically identified in Exhibit A and in all other respects limited in the manner set forth in Paragraph 1, above.
4. The specific undivided interest shown in Exhibit A in all personal property, improvements, lease and well equipment, easements, permits, licenses, servitudes and rights-of-way now owned by Assignor and being used in connection with the operation of the well specifically identified in Exhibit A or in connection with the production, treating, storing, transportation or marketing of oil, gas and other minerals from that well, but in all respects limited in the manner set forth in Paragraph 1, above.
TO HAVE AND TO HOLD the interests described unto Assignee, its successors and assigns, forever.
This assignment is made without warranties of any type (whether of title, merchantability or fitness for a particular use), either express or implied, but is made with full substitution of Assignee in all covenants and warranties previously given or made by others, but only to the extent of the interests here assigned. Assignor does, however, expressly intend that this Assignment convey any title that Assignor may hereafter acquire to the extent that such after-acquired title may be necessary to fulfill the interests herein assigned.
Assignee shall bear its proportionate share of all burdens on production now of record and hereby assumes its proportionate share of all other obligations that relate to the well specifically identified in Exhibit A and the production therefrom.
Both Assignor and Assignee hereby agree to execute and deliver such additional instruments, notices, division orders, transfer orders and other documents as may reasonably be requested by the other, and to do such other acts and things, as may be necessary or convenient to accomplish this Assignment in the manner and to the extent described in Paragraph 1, above.
PDC 2002-B
IN WITNESS WHEREOF, Petroleum Development this instrument, with the intention that it shall be effective the well specifically identified in Exhibit A.
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PETTROLEUM DEVELOPMENT CORPORATION
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A Nevada Corporation
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By:
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/s/ Xxxxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxx
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Land Manager
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STATE OF WEST VIRGINIA
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)
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)
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TO-WIT:
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COUNTY OF XXXXXXXX
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)
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The foregoing instrument was acknowledged before me this 13th day of February 2004 by Xxxxxxx X. Xxxxxx, Land Manager of Petroleum Development Corporation, a Nevada Corporation, for and on behalf of the Corporation. He executed the foregoing for the purposes therein contained.
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/s/ Xxxx X. Xxxxx
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Xxxx X. Xxxxx
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Notary Public - State of West Virginia County of Xxxxxxxx
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My Commission expires: June 2, 2009
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This instrument was prepared by:
Petroleum Development Corporation
000 Xxxx Xxxx Xxxxxx
P. 0. Box 26
Bridgeport, WV 26330
Ph: 0-000-000 3821 or 304-842-6256
Well Name: Millage #13-3D
Lease No. 657800
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
THIS AMENDMENT TO ASSIGNMENT OF WORKING INTEREST is made January 09, 2003, between Petroleum Development Corporation, a Nevada corporation, and PDC 2002-B Limited Partnership, a West Virginia limited partnership whose address is P. O. Box 26. Bridgeport, West Virginia 26330.
1. Background. By this instrument, the parties correct and amend the Assignment of Working Interest (the "Original Assignment"), dated September 26, 2002 and recorded as Instrument No. 3004638 in the real property records of Weld County, Colorado.
2. Amendment. Petroleum Development Corporation and PDC 2002-B Limited Partnership hereby amend the Original Assignment by deleting in its entirety the Exhibit A mat is attached to the Original Assignment and replacing it with the Exhibit A that is attached to this instrument. All other provisions as of the Original Assignment are unchanged.
3 Effective Date. The parties intend that this is amendment be deemed effective at the effective date of the Original Assignment, just as if the Exhibit A that is attached to this instrument had original been attached to the Original Assignment.
IN WITNESS WHEREOF OF, this instrument has been executed by the parties.
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PDC 2002-B LIMITED PARTNERSHIP
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By:
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Xxxxxx X. Xxxxxxxx as President of the Managing Partnership.
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By:
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/s/ Xxxxxxx X. Xxxxxx |
By:
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/s/ Xxxxxx X. Xxxxxxx, President
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Xxxxxxx X. Xxxxxx, Land Manager
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Xxxxxx X. Xxxxxxxx, President
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STATE OF WEST VIRGINIA
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)
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)
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ss:
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COUNTY OF XXXXXXXX
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)
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The foregoing instrument was acknowledged before me 4th day of February, 2003, by Xxxxxxx X. Xxxxxx, as Land Manager of Petroleum Development Corporation a Nevada
Corporation.
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WITNESS my hand and seal
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/s/ Xxxx X. Xxxxx
Xxxx X. Xxxxx
Notary Public
My Commission expires: June 2, 2009
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STATE OF WEST VIRGINIA
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)
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)
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ss:
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COUNTY OF XXXXXXXX
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)
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The foregoing instrument was acknowledged before me 6th day of February, 2003, by Xxxxxx X. Xxxxxxxx, as President of the Managing General Partner PDC 2002-B Limited Partnership.
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WITNESS my hand and seal
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/s/ Xxxx X. Xxxxx
Xxxx X. Xxxxx
Notary Public
My Commission expires: June 2, 2009
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX
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LEASE
DATE
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RECEPTION NO. BOOK NO.
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ACREAGE
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COUNTY
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STATE
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WORKING INTEREST
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NET
INTEREST
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LEASE #
API #
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LEGAL DESCRIPTION
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Foe #33-20
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Xxxxxx Xxxx
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01/15/1982
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1885303/963
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Part of SE/4
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Weld
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CO
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0.872375
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0.70339596
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684200
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T6N, R64WSec.
20: NW/4SE/4
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Xxxx X. Xxx
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01/01/1982
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1885304/963
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SE/4
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|||||||
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Xxxxxx Xxxx, et ux
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01/26/1989
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2184014/ 1236
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Part of NW/4SE/4
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|||||||
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Xxxxxx Xxxx, et ux
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01/22/1989
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2184015/ 1236
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Part of NW/4SE/4
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EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX
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LEASE
DATE
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RECEPTION NO. BOOK NO.
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ACREAGE
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county
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STATE
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WORKING INTEREST
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NET
INTEREST
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LEASE #
API#
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LEGAL DESCRIPTION
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| Millage #13-3D | Millage Bros, Inc. | 11/28/2000 | 2832260 | N/2SW/4 | Weld | CO | .9502407 | .78632418 | 657800 |
T5N, R64W
Sec. 3: W/2SW/4
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X. Xxxx Xxxxxxxxx
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04/13/1981
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1865240/943
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PO
N/2SW/4
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX or
ASSIGNOR
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LEASE DATE
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RECEPTION NO.
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LEGAL DESCRIPTION
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COUNTY
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STATE
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ASSIGNED INTEREST
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LEASE#
API#
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Bryce # 21-28
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Xxxx X. Xxxxx (Xxxx)
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11-15-2001
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2911978
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T2N, R64W, Sec. 28: Tracts 026, 027,028
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Weld
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CO
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0.79904834
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683900
|
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Xxxx Xxxxxx
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07-15-2001
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2864271
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T2N, R64W, Sec. 28: Tacts 026,027,028
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|||||
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Xxxxxx X. Xxxxxx
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07-15-2001
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2864272
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T2N, R64W. Sec. 28: Tracts 026, 027, 028
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|||||
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Xxxxxxxx Xxxxxx
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11-15-2001
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2911977
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T2N, R64W, Sec. 28: Tracts 026, 027, 028
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|||||
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Xxxx X. Xxxxxx, et ux
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09-15-2002
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Now Being Recorded
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T2N, R64W, Sec. 28: W/2
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|||||
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Xxxxx X. Xxxxx
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07-15-2001
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2864270
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T2N. R64W, Sec. 28: Tracts 026,027,028
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|||||
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Xxxxx Xxxxx
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11-15-2001
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2911980
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T2N, R64W, Sec. 28: Tracts 026,027,028
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|||||
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Xxxxxxx Xxxxx
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11-15-2001
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2911979
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T2N, R64W, Sec. 28: Tracts 026, 027, 028
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|||||
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Xxxxx Xxxx & Xxxxx Xxxx
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08-28-2002
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Now Being Recorded
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T2N, R64W, Sec. 28: Tract 027
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|||||
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Xxxxxx Xxxxxx
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09-15-2002
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Now Being Recorded
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T2N. R64W, Sec. 28: Tracts 026, 027, 028
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|||||
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Xxxxx X. Xxxxxxx
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01-17-2002
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2951301
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T2N, R64W, Sec. 28: Tacts 026,027,028
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|||||
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The Great Western Sugar Co.
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09-15-1972
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1605092
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T2N, R64W, Sec. 28: P/O SW/4NW/4 & P/O W/2
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX
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LEASE
DATE
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RECEPTION NO. BOOK NO.
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ACREAGE
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COUNTY
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STATE
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WORKING INTEREST
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NET
INTEREST
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LEASE#
API#
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LEGAL DESCRIPTION
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State 6525 #44-32
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State of Colorado
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06-01-81
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2140511 / 1195
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640
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Weld
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CO
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0.872375
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0.6979
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646900
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T6N, R63W
Sec. 32: SE/4SE/4
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX
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LEASE
DATE
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RECEPTION NO. BOOK NO.
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ACREAGE
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COUNTY
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STATE
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WORKING INTEREST
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NET
INTEREST
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LEASE #
API #
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LEGAL DESCRIPTION
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Xxxxx Ranch #33-10
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Xxxxx Ranch
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03-23-1988
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2136096/1190
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640
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Weld
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CO
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0.872375
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0.70237912
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680400
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T5N, R63W
Sec. 10: NWSE
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX
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LEASE
DATE
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RECEPTION NO. BOOK NO.
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ACREAGE
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COUNTY
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STATE
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WORKING INTEREST
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NET
INTEREST
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LEASE #
API #
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LEGAL DESCRIPTION
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Xxxxx Ranch #31-10
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Xxxxx Ranch
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03-23-88 |
2136096
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640
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Weld
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CO
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0.872375
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0.70062617
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680300
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T5N, R63W Sec. 10: NWNE
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX
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LEASE
DATE
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RECEPTION NO.
BOOK NO.
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ACREAGE
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COUNTY |
STATE
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WORKING INTEREST
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NET
INTEREST
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LEASE #
API #
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LEGAL DESCRIPTION
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Xxxxx Ranch #44-10
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Xxxxx Ranch
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3/23/1988
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2136096/1190
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640
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Weld |
CO
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0.872375
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0.70237912 |
680400
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T5N, R63W Sec. 10: SESE
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX
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LEASE
DATE
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RECEPTION NO. BOOK NO.
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ACREAGE
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COUNTY
|
STATE
|
WORKING INTEREST
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NET
INTEREST
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LEASE #
API #
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LEGAL DESCRIPTION
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Xxxxxx #43-29
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Xxxxxx X. Xxxxxx
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12/16/1981
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1882508/960
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Sec. 29: PO N/2SE/4 and PO S/2SE/4
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Weld
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CO
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0.872375
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0.6979
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660200
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T6N, R64w Sec 29 NE/4SE/4
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Union Pacific Land Resources Corp.
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12/24/1997
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2589845
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Sec. 29: ROW Across NW/4SE/4
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
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WELL
NAME
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XXXXXX
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LEASE
DATE
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RECEPTION NO. BOOK NO.
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ACREAGE
|
COUNTY
|
STATE
|
WORKING INTEREST
|
NET
INTEREST
|
LEASE #
API #
|
LEGAL DESCRIPTION
|
|
Xxxxxxxxxx #22-33
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Union Pacific Resources Co.
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04/24/1989
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2179583/ 1232
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E/2NW/4
|
Weld
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CO
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0.872375
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0.6979
|
652000
|
T6N, R64W Sec. 33: SE/4NW/4
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EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
|
WELL
NAME
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XXXXXX
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LEASE
DATE
|
RECEPTION NO. BOOK NO.
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ACREAGE
|
COUNTY
|
STATE
|
WORKING INTEREST
|
NET INTEREST
|
LEASE #
API #
|
LEGAL DESCRIPTION
|
|
Xxxxxx # 14-18
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Xxxxxxxx Xxxxx
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02-7-1983
|
1920405/991
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PO Sec. 18: S/2SW/4
|
Weld
|
CO
|
0.872375
|
0.6979
|
652800
|
T5N, R64W Sec 18: SWSW
|
|
Xxxxxx Xxxxxxx
|
02-07-1983
|
1920416 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxx Xxxxxxxxx
|
02-07-1983
|
1920412 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxx Xxxxxxxxxxx
|
02-07-1983
|
1920404 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxxx Xxxxxxxxxxx
|
02-07-1983
|
1920406 / 991
|
PO Box 18: S/2SW/4
|
|||||||
|
Xxxxx Xxxxxxxxxxx
|
02-07-1983
|
1920415 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxxx Xxxxxxxxxxx
|
02-07-1983
|
1920417 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxx Xxxxxxxxxxx
|
02-07-1983
|
1920410 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxxx Xxxxxxxxxxx
|
02-07-1983
|
1923681 / 993
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxx Xxxx
|
02-07-1983
|
1920411 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxx X.Xxxxxx, et ux
|
06-25-1981
|
1870845 / 949
|
PO Soc. 18: S/2SW/4
|
|||||||
|
Xxxxx Xxxxxxxxxxx
|
02-07-1983
|
1920414 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxx Xxxxxx
|
02-07-1983
|
1920403 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxxxx Xxxxxxxxx
|
02-07-1983
|
1920408 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxxx Xxxxxxxxx
|
02-07-1983
|
1920407 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxx Xxxxx
|
02-07-1983
|
1920413 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxxxxx Xxxxxx
|
02-07-1983
|
1920402 / 991
|
PO Sec. 18: S/2SW/4
|
|||||||
|
Xxxx Xxxxxxxx Xxxxxxx
|
02-17-1983
|
1920409 / 991
|
PO Sec. 18: S/2SW/4
|
EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
|
WELL
NAME
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XXXXXX
|
LEASE
DATE
|
RECEPTION NO. BOOK NO.
|
ACREAGE
|
COUNTY
|
STATE
|
WORKING INTEREST
|
NET
INTEREST
|
LEASE #
API#
|
LEGAL DESCRJPTIOT
|
|
Xxxxxxxxxx #32-33
|
Union Pacific Resources Company
|
04-24-89
|
2179582 / 1232
|
W/2NE/4
|
Weld
|
CO
|
0.872375
|
0.6979
|
687000
|
T6N, R64W Sec. 33: SWNE
|
Chevron #42-8
This Assignment mad: this 2nd day of November, 2002, from PETROLEUM DEVELOPMENT CORPORATION, a Nevada Corporation (herein called "Assignor") to PDC 2002-B, Limited Partnership, (herein called "Assignee");
WITNESSETH
Assignor, for the sum of One Dollar ($1.00) an other valuable consideration, the receipt of which is hereby acknowledged, does by these presents GRANT, BARGAIN, SELL, EXCHANGE, CONVEY, ASSIGN, TRANSFER, SET OVER and DELIVER unto Assignee all of the following:
1. The specific undivided interest shown in Exhibit A in respect of each of the oil and gas leases shown in Exhibit A, but only to the extent such leases cover lands and depths necessary for production of the specific oil and gas well identified in Exhibit A. This is intended to be a "wellbore assignment." Assignee shall be entitled to receive that share of production from the well identified in Exhibit A which is attributable to the undivided interest here being assigned, but the Assignee shall have, as a result of this assignment, no interest whatsoever in any other oil and gas well, whether now existing or hereafter drilled, which may be located on the lands described In Exhibit A or on any land pooled therewith. Assign or expressly excepts from this assignment and reserves to itself, its successors and assigns, the remainder of the lease and the leasehold oil and gas estate, including (without limitation) the right to produce other xxxxx which are or may be located or the lands described in Exhibit A and lands pooled therewith, without the obligation to account to Assignee for any such other production.
2. The specific undivided interest shown in Exhibit A in all valid unitization, pooling, operating and communitization agreements, declarations and orders involving the leasehold interests here being assigned, but only to the extent that such agreements, declarations and orders relate to the well specifically identified in Exhibit A and in all other respects limited to the manner as set forth in Paragraph 1, above.
3. The specific undivided interest shown in Exhibit A in all valid oil and gas sales, purchase, exchange and processing contracts, but only to the extent that such contracts relate to the well specifically identified in Exhibit A and in all other respects limited in the manner set forth in Paragraph 1, above.
4. The specific undivided interest shown in Exhibit A in all personal property, improvements, lease and well equipment, easements, permits, licenses, servitudes and rights-of-way now owned by Assignor and being used in connection with the operation of the well specifically identified in Exhibit A or in connection with the product on, treating, storing, transportation or marketing of oil, gas and other m minerals from that well, but in all respects limited in the manner set forth in Paragraph 1, above.
TO HAVE AND TO HOLD the interests described unto Assignee, its successors and assigns forever
This assignment is made without warranties of any type (whether of title, merchantability or fitness for a particular use), either express or implied, but is made with full substitution of Assignee in all covenants and warranties previously given or made by others, but only to the extent of the interests here assigned.
Assignee shall bear its proportionate share of all burdens on production now of record and hereby assumes its proportionate share of all other obligations that relate to the well specifically identified in Exhibit A and the production therefrom.
Both Assignor and Assignee hereby agree to execute and deliver such additional instruments, notices, division orders, transfer orders and other documents as may reasonably be requested by the other, and to do such other acts and things, as may be necessary or convenient to accomplish this assignment in the manner and to the extent described in Paragraph 1, above.
Chevron #42-8
IN WITNESS WHEREOF, Petroleum Development Corporation has executed and delivered this instrument, with the intention that it shall be effective as of the date of first production from the well specifically identified in Exhibit A.
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Witnesses:
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PETROLEUM DEVELOPMENT CORPORATION
|
||
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A Nevada Corporation
|
|||
|
/s/ Xxxxx X. Xxxxxx
|
|||
| Xxxxx X. Xxxxxx | |||
|
/s/ X. Xxxxx Xxxxxx
|
BY:
|
/s/ Xxxxxxx X. Xxxxxx
|
|
|
X. Xxxxx Xxxxxx
|
Xxxxxxx X. Xxxxxx
|
||
|
Land Manager
|
|||
|
STATE OF WEST VIRGINIA
|
)
|
|||
|
)
|
TO WIT:
|
|||
|
COUNTY OF XXXXXXXX
|
)
|
The foregoing instrument was acknowledge before me this 2nd day of April 2003, by Xxxxxxx X. Xxxxxx, Land Manager of Petroleum Development Corporation, a Nevada Corporation, for and on behalf of the Corporation. He executed the foregoing for the purposes therein contained
|
/s/ Xxxx X. Xxxxx
Xxxx X. Xxxxx
Notary Public - State of West Virginia
County of Xxxxxxxx
My Commission expires: June 2, 2009
|
This instrument was prepared by:
Petroleum Development Corporation
000 Xxxx Xxxx Xxxxxx
P. O. Box 26
Bridgeport, WV 26330
EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
|
WELL
NAME
|
XXXXXX
|
LEASE DATE
|
RECEPTION NO. BOOK NO
|
ACREAGE
|
COUNTY
|
STATE
|
WORKING INTEREST
|
NET
INTEREST
|
LEASE #
API#
|
LEGAL DESCRIPTION
|
|
Xxxxxxx #218-25
|
Xxxxxxx Land Company
|
11/15/1999
|
556562/ 1164/400
|
7393.69
|
Garfield
|
CO
|
.997
|
.84745
|
636800
|
T6S, R97W Sec. 25: SW/SW/SW
|
EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
|
WELL
NAME
|
XXXXXX
|
LEASE DATE
|
RECEPTION NO.
|
ACREAGE
|
COUNTY
|
STATE
|
WORKING INTEREST
|
NET
INTEREST
|
LEASE#
API#
|
LEGAL DESCRIPTION
|
|
Xxxxxxx #236-25
|
Xxxxxxx Land Company
|
11/15/1999
|
556562
|
7393.69
|
Garfield
|
CO
|
.997
|
84745
|
636800
|
T6S, R97W Sec. 25: NC/4SW/4
|
EXHIBIT "A"
PDC 2002-B LIMITED PARTNERSHIP
|
WELL
NAME
|
XXXXXX
|
LEASE
DATE
|
RECEPTION NO. BOOK NO.
|
LEGAL DESCRIPTION
|
COUNTY
|
STATE
|
ASSIGNED INTEREST
|
LEASE #
API#
|
|
Chevron #42-8
|
Chevron USA, Inc.
|
11-02-2002
|
623085
|
T6S, R96W Sec. 8: SE/4NE/4
|
Garfield
|
CO
|
0.8100625
|
687400
|
