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Alberta Checklist for Oil & 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.
This Alberta Checklist for Oil and Gas Purchase and Sale Agreement is available as a downloadable and fully editable MS Word form.
$6.29
Alberta Direction to Pay Proceeds of Oil & 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 downloadable and fully editable. Click the Download button to download the Direction to Pay form to your computer or device.
$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 & 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