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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 Offer to Purchase Oil and Gas Rights
Make an Offer to Purchase petroleum and natural gas rights with this downloadable template for Alberta properties.
- Purchase Price. The offer sets out how the purchase price will be paid.
- Conditional Offer. The offer is subject to:
- a title opinion;
- a satisfactory due diligence review by the offeror of all files, records and deeds.
- Time Limit. The offeree has a specified number of days in which to accept the offer.
- Formal Agreement. If accepted, the parties will proceed to preparing a formal purchase and sale agreement.
- Scope of Agreement. The Offer to Purchase template is for the Province of Alberta, but can be easily adapted for use in other Canadian provinces.
- How to Get the Form. You can download the MS Word template immediately after your purchase transaction. Other formats available on request.
$6.29
Alberta Purchase and Sale Agreement for Oil and Gas Leases
Sell your interest in oil and gas leases with this Purchase and Sale Agreement for the Province of Alberta.
- The Vendor will prepare and pay the cost of the conveyances.
- The Vendor will remit the GST payable on the transaction.
- The closing is subject to several conditions, including satisfactory completion of the purchaser's review.
- The Agreement contains standard representations and warranties given by each party.
- Each party indemnifies the other.
- Operating costs and proceeds will be adjusted as of the adjustment date, and the purchase price will be adjusted accordingly.
- The Vendor will maintain the assets in accordance with good oil field practice until the closing and will not make any commitments or expenditures in excess of a specified amount without the consent of the Purchaser.
- The Vendor will give appropriate notice to third parties with rights of first refusal.
- This Purchase and Sale Agreement for oil and gas leases is intended for use in the Province of Alberta, Canada.
$29.99