ASSIGNMENT OF WORKING INTEREST
Exhibit 10.2
Booth #24-35
Lease No. 687800
This Assignment made this 21st day of November, 2002 from PETROLEUM DEVELOPMENT CORPORATION, a Nevada Corporation, (herein called "Assignor") to 2002-C, 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 pooled therewith, without the obligation to located on the lands described in Exhibit A and lands 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 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 covenant 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 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 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 to the extent described in Paragraph 1, above.
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.
Witnesses:
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PETROLEUM DEVELOPMENT CORPORATION
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A Nevada Corporation
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/s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
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/s/ Xxxx X. Xxxxx
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BY:
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/s/ Xxxxxxx X. Xxxxxx
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Xxxx X. Xxxxx
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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 26th day of November 2002 by Xxxxxxx X. Xxxxxx, Land Manager of Petroleum Development Corporation, a Nevada Corporation, for and on behalf of the Corporation. He executed foregoing for the purposes therein contained.
OFFICIAL SEAL
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/s/ Xxxx X. Xxxxx
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Notary Public State of West Virginia
XXXX X. XXXXX
Petroleum Development Corporation
000 Xxxx Xxxx Xxxxxx, Xxx 00
Xxxxxxxxxx, XX 00000
My commission expires June 2, 2009
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Xxxx X. Xxxxx
Notary Public - State of West Virginia
County of Xxxxxxxx
My Commission expires: June 2,2009
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This instrument was prepared by:
Petroleum Development Corporation
000 Xxxx Xxxx Xxxxxx X.X. Xxx 00
Xxxxxxxxxx, XX 00000
Booth #24-35
Lease No. 687800
AMENDMENT TO
THIS AMENDMENT TO ASSIGNMENT OF WORKING INTEREST is made February l, 2006 between Petroleum Development Corporation, a Nevada corporation, and PDC 2002-C Limited Partnership, a West Virginia limited partnership whose address is X.X. Xxx 00, Xxxxxxxxxx, Xxxx Xxxxxxxx 00000.
1. Background. By this instrument, the parties correct and amend the Assignment of Working Interest (the “Original Assignment”), dated November 21, 2002 and record as Instrument No. 3063467in the real property records of Weld County, Colorado.
2. Amendment. Petroleum Development Corporation and PDC 2002-C Limited Partnership hereby amend the Original Assignment by deleting in its entirety the Exhibit A that is attached to this instrument and all other provisions of the Original Assignment and replacing it with the Exhibit A that is attached to this instrument. All other provisions of the Original Assignment are unchanged.
3. Effective Date. The parties intend that this 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 originally been attached to the Original Assignment.
IN WITNESS WHEREOF, this instrument has been executed by the parties.
PDC 2002 C LIMITED PARTNERSHIP
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By:
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Petroleum Development Corporation
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As Managing General Partner
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By:
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/s/ Xxxxx X. Xxxxxx, Xx.
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Xxxxx X. Xxxxxx, Xx. as Vice 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 this 16th day of March, 2006, by Xxxxx X. Xxxxxx, as Vice President of Petroleum Development Corporation, the Managing General Partner of PDC 2002-C Limited Partnership, a West Virginia limited partnership.
Witness my hand and official seal
/s/ Xxxx X. Xxxxx
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OFFICIAL SEAL
Notary Public State of West Virginia
XXXX X. XXXXX
Petroleum Development Corporation
000 Xxxx Xxxx Xxxxxx, Xxx 00
Xxxxxxxxxx, XX 00000
My commission expires June 2, 2009
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Xxxx X. Xxxxx as Notary Public
Xxxxxxxx County, State of West Virginia
My Commission expires: June 2,2009
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EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
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LESSOR OR ASSIGNOR
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LEASE DATE
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RECEPTION NO. BOOK/PAGE
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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 NO.
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Booth 24-35
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Anadarko E & P Company
And Anadarko Land Corporation
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12-04-2002
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3040481
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T7N, R65W Sec. 35: SE4SW4
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Weld
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Colorado
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0.9970
|
687800
|
EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
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LESSOR OR ASSIGNOR
|
LEASE DATE
|
RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
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STATE
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ASSIGNED INTEREST
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LEASE XX.
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Xxxxxxx 00-00
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Xxxxx Xxxxxx, Xx., et ux
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11-19-1981
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1876412/954
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T6N, R64W Sec. 7: SW4NE4
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Weld
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Colorado
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0.872375
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661800
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EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
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LESSOR OR ASSIGNOR
|
LEASE DATE
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RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
|
STATE
|
ASSIGNED INTEREST
|
LEASE NO.
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Loustalet 32-12
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Xxxxxxx Xxxxxxxxx
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04-14-1981
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1865242/943
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T5N, R65W Sec. 12 NW4NE4
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Weld
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Colorado
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0.872375
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647900
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Xxxxxx Xxxxxxxxx
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04-14-1981
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1858796/937
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||||||
Xxxxxxx Xxxxxxxxx
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06-01-1982
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1895807/971
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||||||
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Xxxxxx Xxxxxxxxx
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06-01-1982
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1895808/971
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Xxxxxx X. Xxxxxx
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04-19-1984
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1962272/1026
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||||||
Xxxx X. Xxxxxxxxx
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04-09-1984
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1962274/1026
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||||||
Xxxx X. Xxxxxxxxx
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04-09-1984
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1962273/1026
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||||||
Xxxx X. Xxxxx, et ux
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12-05-1997
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2583922/1637
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EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
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LESSOR OR ASSIGNOR
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LEASE DATE
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RECEPTION
NO. BOOK/PAGE
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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 NO,
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Millage 23-3
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Millage Bros., Inc.
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11-28-2000
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2832260
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T5N, R64W Sec. 3: NE4SW4
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Weld
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Colorado
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0.9502407
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657800
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H. Xxxx Xxxxxxxxx
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04-13-1981
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1865240/943
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EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
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LESSOR OR ASSIGNOR
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LEASE DATE
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RECEPTION NO. BOOK/PAGE
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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 NO.
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Xxxx 13-5
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Anadarko E & P Company, LP and
Anadarko Land Corp.
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12-17-2002
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3040482
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T6N, R64W Sec. 5: NWSW
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Weld
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Colorado
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0.9970
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688700
|
EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
|
LESSOR OR ASSIGNOR
|
LEASE DATE
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RECEPTION NO. BOOK/PAGE
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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 NO.
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Xxxxx Ranch 31-5
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Anadarko E & P Company, LP
and
Anadarko Land Corp.
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12-18-2002
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3040480
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T5N, R63W Sec. 5: NW4NE4
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Weld
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Colorado
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0.7976
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688000
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EXHIBIT "A"
AMENDED ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
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LESSOR OR ASSIGNOR
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LEASE DATE
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RECEPTION NO. BOOK/PAGE
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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 NO.
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Bolet 33-17
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Bolet Company
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09-21-1981
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1884302/962
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T6N, R65W Sec. 17: NW4SE4
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Weld
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Colorado
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0.872375
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652600
|
EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
|
LESSOR OR ASSIGNOR
|
LEASE DATE
|
RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
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STATE
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ASSIGNED INTEREST
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LEASE NO.
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Chevron 41-8D
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Chevron USA, Inc.
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11-02-03
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623085
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T6S, R96W Sec. 8: NE4NE4
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Garfield
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Colorado
|
0.9970
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687400
|
EXHIBIT "A"
AMENDED ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
|
LESSOR OR ASSIGNOR
|
LEASE DATE
|
RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
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STATE
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ASSIGNED INTEREST
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LEASE NO.
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Xxxxx 14-15
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Anadarko E & P Company, LP
And Anadarko Land Corp.
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12-20-2002
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3040479
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T6N, R64W Sec. 15: SW4SW4
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Weld
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Colorado
|
0.9970
|
688100
|
EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
|
LESSOR OR ASSIGNOR
|
LEASE DATE
|
RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
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STATE
|
ASSIGNED INTEREST
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LEASE NO.
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Xxxxx Ranch 14-33
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Anadarko E & P Company, LP
and
Anadarko Land Corp.
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12-23-2002
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3225680
|
T6N, R63W Sec. 33: SW4SW4
|
Weld
|
Colorado
|
0.7976
|
688400
|
EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
|
LESSOR OR ASSIGNOR
|
LEASE DATE
|
RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
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STATE
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ASSIGNED INTEREST
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LEASE NO.
|
Xxxxxxx 31-11
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Anadarko E & P Company, LP
and
Anadarko Land Corp.
|
12-27-2002
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3243364
|
T6N, R65W Sec. 11: NW4NE4
|
Weld
|
Colorado
|
0.9970
|
688300
|
EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
|
LESSOR OR ASSIGNOR
|
LEASE DATE
|
RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
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STATE
|
ASSIGNED INTEREST
|
LEASE NO.
|
Xxxxx Ranch 14-35
|
Anadarko E & P Company, LP
and
Anadarko Land Corp.
|
12-31-2002
|
3040483
|
T6N, R63W Sec. 35: SW4SW4
|
Weld
|
Colorado
|
0.7976
|
688500
|
EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
|
LESSOR OR ASSIGNOR
|
LEASE DATE
|
RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
|
STATE
|
ASSIGNED INTEREST
|
LEASE NO.
|
National Hog Farm 00-00
|
Xxxxx Xxxxxxx Xxxx Resources Corp.
|
05-15-1998
|
2652401
|
T5N, R63W Sec. 21: E2
|
Weld
|
Colorado
|
0.77766
|
648200
|
EXHIBIT "A"
AMENDMENT TO ASSIGNMENT OF WORKING INTEREST
PDC 2002-C LIMITED PARTNERSHIP
WELL NAME
|
LESSOR OR ASSIGNOR
|
LEASE DATE
|
RECEPTION NO. BOOK/PAGE
|
LEGAL DESCRIPTION
|
COUNTY
|
STATE
|
ASSIGNED INTEREST
|
LEASE NO.
|
Chevron 14-17D
|
Chevron USA, Inc.
|
11-15-2002
|
623086
|
T6S, R96W Sec. 17: XX0XX0
|
Xxxxxxxx
|
Colorado
|
0.9970
|
691300
|