ASSIGNMENT OF OIL AND GAS LEASES WHITLEY COUNTY, KENTUCKY
ASSIGNMENT OF
OIL AND GAS LEASES
XXXXXXX COUNTY, KENTUCKY
Whereas A.D.I.D CORPORATION, a Kentucky Corporation, with its mailing address being P.O. Box 337, Emlyn, Kentucky 40730, hereinafter referred to as "ASSIGNOR", and AMERICAN RESOURCE MANAGEMENT, INC., a Wyoming Corporation with its mailing address being P.O. Box 1263, London, Kentucky 40742, hereinafter referred to as "ASSIGNEE".
For and in consideration of Ten Dollars ($10:00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, A.D.I.D CORPORATION ("ASSIGNOR") hereby warrant, sell, assign, transfer, set over, and convey unto AMERICAN RESOURCE MANAGEMENT, INC. ("ASSIGNEE") all of its right, title, and interest, representing a One Hundred Percent (100%) Working Interest and Eighty Seven and 50/100 Percent (87.50%) Net Revenue Interest ownership in the following described oil and gas leases (approximately 1505 acres), located in Xxxxxxx County, Kentucky:
1. Xxxx Xxxxx Xxxxx, dated August 20, 2004, and recorded in Lease Book 85, Pages 708-711, of the Xxxxxxx County Court Clerk's Office. (175 acres)
2. Xxxxx Xxxxxxxx Xxxxx, dated April 20, 2006, and recorded in Lease Book 85, Pages 738-741 of the Xxxxxxx County Court Clerk's Office.(50 acres)
3. Xxxxx X. Xxx and Xxx Xxxxxx Xxxxxx Lease, dated November 9, 2004, and recorded in Lease Book 85, Pages 712-715 of the Xxxxxxx County Court Clerk's Office.(100 acres)
4. Xxxxxx Xxxxx Xxxxxx, dated April 1, 2005 and recorded in Lease Book 85, Pages 734-737 of the Xxxxxxx County Clerk's Office.(75 acres)
5. Xxx Xxxxxx Xxxxxx Lease, dated April 5, 2005, and recorded in Lease Book 85 , Pages 742-745, of the Xxxxxxx County Court Clerk's Office. (50 acres)
6. Xxxxxx Xxxxxxxxx, Xxxxxxx Xxxxxxxxx, Xxxxxx X. Xxxxxxx, and Xxxxxxxxx X. Xxxxxxx Xxxxx, dated January 26, 2005, and recorded in Lease Book 85 , Pages -,2411-11§6, of the Xxxxxxx County Court Clerk's Office. (50 acres) 7141e-74 ittv
7. Xxxxxxx X. Xxxxx and Xxxxx Xxxxx Xxxxx, dated June 27, 2005, and recorde in Lease Book 85 , Pages 704-707, of the Xxxxxxx County Court Clerk's Office. (250 acres)
8. Xxxxxx Xxxxx and Xxxxxxxxxx Xxxxx Xxxxx, dated August 29, 2005, and recorded in Lease Book 85 , Pages 754-757, of the Xxxxxxx County Court Clerk's Office. (200 acres)
9. Xxxx Xxxxxxxx and Xxxxx Xxxxxxx Xxxxx, dated February 1, 2005, and recorded in Lease Book 85 , Pages 720-723, of the Xxxxxxx County Court Clerk's Office. (70 acres)
10. Xxxxxxx Xxxxxxx and Xxxx Xxxxxxx Xxxxx, dated February 1, 2005, and recorded in Lease Book 85 , Pages 700-703, of the Xxxxxxx County Court Clerk's Office. (25 acres)
The "ASSIGNOR" hereby warrants to "ASSIGNEE" that its interest being assigned by this instrument is unencumbered, that it has lawful authority to transfer respective interest, and that "ASSIGNOR" will defend title to the interest being assigned against all persons claiming by, through, or under any assignor.
In witness whereof, this Assignment is made and entered into this 15th day of February, 2010, and effective as of March 1, 2010.
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A.D.I.D CORPORATION,
a Kentucky Corporation, "ASSIGNOR""
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By:
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/s/ Xxxxxxxx X. Xxxxxxxx | |
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Xxxxxxxx X. Xxxxxxxx, President
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American Resource Management, Inc.'
a Wyoming Corporation, "ASSIGNEE"
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By:
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/s/ Xxxx X. Xxxxxxxx | |
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Xxxx X. Xxxxxxxx, President
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and easements, Xxxxxxx County Kentucky
Dated: February 15, 2010
11. Xxx Xxxxxxxx Xx., Xxxxxxx Xxxxxxxx, and Xxxx Xxxxxxxx Lease, dated January 26, 2005, and recorded in Lease Book 85 , Pages 716-719, of the Xxxxxxx County Court Clerk's Office. (100 acres)
12. Xxx Xxxxxxx Xxxxx, dated May 1, 2005, and recorded in Lease Book 85 , Pages 750-753, of the Xxxxxxx County Court Clerk's Office. (210 acres)
13. Xxxxxxx Xxxxxx and Xxxx Xxxxxx Xxxxx, dated April 1, 2005, and recorded in Lease Book 85 , Pages 724-727, of the Xxxxxxx County Court Clerk's Office. (150 acres)
The "ASSIGNOR" hereby warrants to "ASSIGNEE" that its interest being assigned by this instrument is unencumbered, that it has lawful authority to transfer respective interest, and that "ASSIGNOR" will defend title to the interest being assigned against all persons claiming by, through, or under any assignor.
In witness whereof, this Assignment is made and entered into this 15th day of February, 2010, and effective as of March 1, 2010.
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A.D.I.D CORPORATION,
a Kentucky Corporation, "ASSIGNOR""
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By:
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/s/ Xxxxxxxx X. Xxxxxxxx | |
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Xxxxxxxx X. Xxxxxxxx, President
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American Resource Management, Inc.'
a Wyoming Corporation, "ASSIGNEE"
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By:
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/s/ Xxxx X. Xxxxxxxx | |
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Xxxx X. Xxxxxxxx, President
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STATE OF KENTUCKY
COUNTY OF XXXXXXX
I, Xxxxxx X Xxxxxx, Notary Public in and for the above State and County do hereby certify that the foregoing document was this 15th day of February, 2010, produced before me and acknowledged by Xxxxxxxx X. Xxxxxxxx, as President of A.D.I.D CORPORATION, to be his own act and deed and the act and deed of said Corporation.
My commission will expire 6-16-2013 /s/ Xxxxxx Xxxxxx, Notary Public
STATE OF KENTUCKY
COUNTY OF XXXXXXX
I, Xxxxxx X Xxxxxx, Notary Public in and for the above State and County do hereby certify that the foregoing document was this 15th day of February, 2010, produced before me and acknowledged by Xxxx X. Xxxxxxxx, as President of AMERICAN RESOURCE MANAGEMENT, INC., to be his own act and deed and the act and deed of said Corporation.
My commission will expire 6-16-2013 /s/ Xxxxxx Xxxxxx, Notary Public
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