TWO XXXXX LEASES
HELD BY PRODUCING
ASSIGNMENT
STATE OF WEST VIRGINIA
COUNTY OF TYLER
This assignment made and entered into this 1st day of June, 1995, by and
between XXXXXX AND XXXXXXXX CORPORATION, a Texas corporation, whose address is
X.X. Xxx 0000, Xxxxxxx, Xxxxx 00000, hereinafter referred to as "Assignor", and
TRANS ENERGY, INC., a Nevada corporation, whose address is X.X. Xxx 000, Xxxxx
Xxxxx, Xxxx Xxxxxxxx 00000, hereinafter referred to as "Assignee".
WITNESSETH
That for and in the sum of ten dollars and other good and valuable
consideration in hand paid by Assignee to Assignor, receipt of which is
acknowledged, Assignor does hereby bargain, sell, grant, convey, transfer,
assign and set over unto Assignee, but subject to the exceptions, reservations
and provisions hereinafter set forth, all of the right, title and interest and
estate of Assignor in and to those certain oil and gas leases set out and
described on Exhibit A attached hereto and made a part hereof, all of the leases
being located in Lincoln District, Tyler County, West Virginia.
This assignment covers the interests acquired by Assignor in
assignment dated the 14th day of May, 1992, between Tetra Systems, Inc. as
assignor, and Xxxxxx and Xxxxxxxx Corporation, as Assignee, recorded in Book 297
at Page 53.
Assignor retains an overriding royalty interest of seven and one half
percent (.0750) on all oil and gas produced and saved from the assigned
premises, such overriding royalty interest to be delivered for the credit of
Assignor in the same manner and at the same time as royalties payable to the
Lessees under each lease hereby assigned.
Assignor covenants with Assignee, its successors or assigns, that it is
the lawful owner of and has good title to the interests above assigned, and that
Assignor warrants the title, by, through, and under it but not otherwise.
Executed this 17th day of July, 1995, but effective June 1, 1995.
XXXXXX AND XXXXXXXX CORPORATION
By: /s/ X. X. Xxxxxx, Xx.
----------------------------
X. X. Xxxxxx, Xx., Vice Pres.
STATE OF TEXAS
COUNTY OF MIDLAND
This instrument was acknowledged before me on July 17, 1995, by X. X.
XXXXXX, XX., Vice President of XXXXXX AND XXXXXXXX CORPORATION, Texas
corporation, on behalf of said corporation.
[SEAL OF XXXXXXXXX X. XXXXXX /s/ Xxxxxxxxx X. Xxxxxx
NOTARY PUBLIC APPEARS HERE] ------------------------
Notary Public Signature
This document prepared by Xxxxxxx X. Xxxxx, P. O. Xxx 0000 Xxxxx 00000.
Consideration for this assignment is $___________________, declared by Assignor.
EXHIBIT A
(ATTACHED TO ASSIGNMENT DATED THE 1ST DAY OF JUNE, 1995, BETWEEN XXXXXX AND
XXXXXXXX CORPORATION, AS ASSIGNOR, AND TRANS ENERGY, INC., AS ASSIGNEE.)
GRANTOR/LESSOR GRANTEE/LESSEE DATE BOOK/PAGE ACRES
-------------- -------------- ---- --------- -----
F. R. XXXXX X. X. DUEL 8-21-1891 16/311 478
X. XXXXX X. X. XXXXX 11-22-1889 16/295 452
This is
incorrect
refer.
XXXXXXXX WELL
PRODUCING
ASSIGNMENT
STATE OF WEST VIRGINIA
COUNTY OF TYLER
This assignment made and entered into this 1st day of June, 1995, by and
between XXXXXX AND XXXXXXXX CORPORATION, a Texas Corporation, X.X. Xxx 0000,
Xxxxxxx, Xxxxx 00000, hereinafter referred to as "Assignor" and TRANS ENERGY,
INC., a Nevada corporation, whose address is X.X. Xxx 000, Xx. Xxxxx, Xxxx
Xxxxxxxx 00000, hereinafter referred to as "Assignee":
WITNESSETH
That for and in the sum of ten dollars and other good and valuable
consideration in hand paid by Assignee to Assignor, receipt of which is
acknowledged, Assignor does hereby bargain, sell, grant, convey, transfer,
assign and set over unto Assignee, but subject to the exceptions, reservations
and provisions hereinafter set forth, all of the right, title and interest and
estate of Assignor in and to that certain oil and gas lease located in Lincoln
District, Tyler County, West Virginia, more fully described as all that certain
40 acres in the form of a circle around the well known as the Xxxxxxxx #1. This
well is part of that certain oil and gas lease between F. R. Xxxxx, to C. R.
Pevel, recorded August 21, 1891, in Book 16 at Page 000, Xxxxx Xxxxxx Xxxxx
Xxxxxxx, Xxxx Xxxxxxxx. This assignment is made with the rights incident thereto
and the personal property thereon, appurtenant thereto or used, or obtained in
connection therewith.
This assignment covers the interests acquired by Assignor in
assignment dated May 20,1992, between Sancho Oil and Gas, as Assignor, and
Xxxxxx and Xxxxxxxx Corporation, as Assignee, recorded in Book 297 at Page 00,
Xxxx Xxxxxxx, Xxxxx Xxxxxx, Xxxx Xxxxxxxx.
Assignor retains an overriding royalty interest of seven and one half
percent (.0750) on all oil and gas produced and saved from the assigned
premises, such overriding royalty interest to be delivered for the credit of
Assignor in the same manner and at the same time as royalties payable to the
Lessees under each lease hereby assigned.
Assignor covenants with Assignee, its successors or assigns, that it is
the lawful owner of and has good title to the interests above assigned, and that
Assignor warrants the title, by, through, and under it but not otherwise.
Executed this 17th day of July, 1995, but effective June 1, 1995.
XXXXXX AND XXXXXXXX CORPORATION
By: /s/ X. X. Xxxxxx, Xx.
----------------------------
X. X. Xxxxxx, Xx., Vice Pres.
STATE OF TEXAS
COUNTY OF MIDLAND
This instrument was acknowledged before me on July 17, 1995, by X. X.
XXXXXX, XX., Vice President of XXXXXX AND XXXXXXXX CORPORATION, Texas
corporation, on behalf of said corporation.
[SEAL OF XXXXXXXXX X. XXXXXX /s/ Xxxxxxxxx X. Xxxxxx
NOTARY PUBLIC APPEARS HERE] ------------------------
Notary Public Signature
This document prepared by Xxxxxxx X. Xxxxx, P. O. Xxx 0
Xxxxx 00000.
Consideration for this assignment is $___________________
Assignor.
