ASSIGNMENT OF OVERRIDING ROYALTY INTERESTSAssignment of Overriding Royalty Interests • December 13th, 2006 • Vallenar Holdings Inc.
Contract Type FiledDecember 13th, 2006 CompanyNathan Oil Partners LP is a Texas limited partnership authorized to do and doing business in the State of Texas with an address at 602 South Harbor Court, Granbury, Texas, 76048 (“Assignor”). Assignor has oil, gas and mineral leases in Edwards County, Texas, described on the attached Exhibit A (the “A Leases”) and Exhibit B (the “B Leases”). In consideration of one dollar and other valuable consideration paid to Assignor by the Assignee named below, the receipt and sufficiency of which Assignor acknowledges, and subject to the following terms and conditions, Assignor hereby transfers, assigns and conveys to Assignee an overriding royalty interest equal to 3.166665% of all oil, gas and other minerals produced and saved for the benefit of Assignor pursuant to the A Leases and equal to 1.500000% of all oil, gas and other minerals produced and saved for the benefit of Assignor pursuant to the B Leases (the “Royalty”) as of September 16, 2002. Exhibits A and B are part of this assignment.
ASSIGNMENT OF OVERRIDING ROYALTY INTERESTSAssignment of Overriding Royalty Interests • December 13th, 2006 • Vallenar Holdings Inc.
Contract Type FiledDecember 13th, 2006 CompanyNathan Oil Partners LP is a Texas limited partnership authorized to do and doing business in the State of Texas with an address at 602 South Harbor Court, Granbury, Texas, 76048 (“Assignor”). Assignor has oil, gas and mineral leases in Edwards County, Texas, described on the attached Exhibit A (the “A Leases”) and Exhibit B (the “B Leases”). In consideration of one dollar and other valuable consideration paid to Assignor by the Assignee named below, the receipt and sufficiency of which Assignor acknowledges, and subject to the following terms and conditions, Assignor hereby transfers, assigns and conveys to Assignee an overriding royalty interest equal to 3.166665% of all oil, gas and other minerals produced and saved for the benefit of Assignor pursuant to the A Leases, and equal to 1.500000% of all oil, gas and other minerals produced and saved for the benefit of Assignor pursuant to the B Leases (the “Royalty”) as of September 16, 2002. Exhibits A and B are part of this assignment.