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Alberta Offer to Purchase Oil and Gas Working Interest
Make an offer to purchase a working interest in petroleum and natural gas rights on land in Alberta with this sample Offer Letter.
- Scope of Agreement. The assets being purchased include all wells, equipment, facilities and other associated or related interests.
- Assumption of Obligations. The purchaser will assume the vendor's obligations with respect to operational notices already received by the vendor.
- Conditional Offer. The offer is subject to:
- a satisfactory title opinion;
- the purchaser's due diligence review of all files, records and deeds related to the working interest.
- Jurisdiction. The template is written for the Province of Alberta but can be easily adapted for use in other jurisdictions.
- How to Get the Form. To download the Offer to Purchase form, add it to your shopping cart and pay for it via our secure checkout.
$5.99
Alberta Checklist for Oil and Gas Purchase and Sale Agreement
Use this 7-page checklist to help you prepare a Purchase and Sale Agreement for petroleum and natural gas rights in Alberta.
- The checklist covers the issues to consider and the documents to be obtained and reviewed as part of the transaction, such as:
- definitions of important terms;
- how the purchase price will be allocated;
- maintenance of the business;
- access to pertinent records and documents;
- representations of the purchaser and the seller;
- conditions of closing.
- The form is available as a downloadable and fully editable MS Word form.
- Intended to be used in the Province of Alberta, Canada.
$6.29
Alberta Direction to Pay Proceeds of Oil and Gas Asset Exchange
Instruct a purchaser how to pay the proceeds for an oil and gas asset exchange with this free Direction to Pay form for Alberta properties.
- The Direction is given in connection with an Asset Exchange Agreement.
- The vendor directs the purchaser how and where to pay the purchase price for petroleum and natural gas properties.
- The form is available in MS Word format and is downloadable and fully editable.
- Intended for use in the Province of Alberta, Canada.
$0.00
Alberta Escrow Agreement for Oil and Gas Assets
Appoint an escrow agent to hold Alberta oil and gas assets in trust until a purchase of the assets is completed with this downloadable template.
- Role of Escrow Agent. The escrow agent will hold the assets in trust until all of the purchase funds have been released to the vendor upon completion of the transaction, or returned to the purchaser, in the event the sale is not completed.
- Interest. The escrow funds will be placed in an interest bearing trust account and the interest will be payable to the party who receives the purchase funds.
- Disputes. If either the purchaser or vendor disputes the escrow agent's determination regarding entitlement to the funds, the funds will be paid into court.
- Governing Laws. This Escrow Agreement for Oil and Gas Assets is governed by the laws of the Province of Alberta.
- How to Get the Form. Once you have purchased the form, you can immediately download the MS Word document.
$12.49 $10.00