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- conveyance of crown leases (2)
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Alberta Assignment of Surface Lease
Assign your rights and title to petroleum and natural gas surface leases with this template legal form for the Province of Alberta.
- In addition to transferring and assigning all of its interest in the leases, the assignor agrees to indemnify the assignee against any claims arising by or through the assignor with respect to the leases.
- The assignor warrants that all rents and other payments have been made and that no notice of default has been received with respect to any of the interest conveyed.
- The assignee agrees to indemnify the assignor against payment of rents and the performance of any obligations that may be due with respect to the leases.
- To get your copy of the Alberta Assignment of Surface Lease form: add it to your cart, check out and download. You can then fill it in, print and sign it.
$12.49
Alberta Offer to Purchase Interest in Crown Leases
Use this downloadable template to make an offer to purchase an interest in crown leases in the Province of Alberta.
- Allocation of Purchase Price. The offer details how the purchase price will be allocated between petroleum and natural gas rights, tangibles, and miscellaneous interests.
- Interest Calculations. This sample offer letter includes two interest clauses - one for no interest, and one for interest to be calculated from the effective date to the date before closing.
- Formal Agreement. If accepted, the offeror will prepare a formal purchase and sale agreement.
- Conditions Precedent. The offer is subject to:
- the offeror performing a satisfactory due diligence review of all books, files, records, and contracts;
- the offeror receiving all necessary regulatory approvals;
- a satisfactory environmental audit by the offeror;
- the vendor being satisfied that Alberta Energy will approve the transfer.
- Jurisdiction. The offer form is written to be used in the Province of Alberta but can be modified for use in other Canadian provinces.
- How to Get the Form. You can download the MS Word template immediately after purchasing it.
$14.99
Alberta Petroleum Asset Exchange Agreement
Transfer petroleum and natural gas interests to a purchaser with this Petroleum Asset Exchange Agreement for Alberta, Canada.
- Allocation of Value. The Agreement sets out the value of the assets and allocates the value among rights, tangibles and miscellaneous interests.
- Payment of Costs. In each case, the transferee will pay all costs to register and convey the assets and will bear all costs of work performed or goods or services provided with respect to the assets prior to the effective date.
- Adjustments. An interim adjustment and accounting will be done, and the benefits and obligations with respect to the assets apportioned accordingly, as of the effective date.
- Maintenance of Assets. Each party will maintain its assets in accordance with good oil field practice until closing.
- Review. Each party agrees to conduct a review of title to the assets being transferred.
- Conditions Precedent. The transfers are subject to certain conditions precedent, including substantial damage and material compliance.
- Arbitration. The parties agree to arbitration pursuant to The Arbitration Act of Alberta, in the event of dispute.
- Attachments. The Agreement includes a form of General Conveyance and a Certificate of Officer.
- Governing Laws. This Petroleum Asset Exchange Agreement contains references to provincial laws and regulations of the Province of Alberta, Canada.
$44.99
Alberta Specific Conveyance Agreement for Oil and Gas Assets
Transfer title to oil and gas assets in Alberta with this simple Specific Conveyance Agreement form.
- The Conveyance form transfers the vendor's (seller's) interest in certain petroleum lands, leases, rights, units and facilities being sold and transferred to the purchaser under a Purchase and Sale Agreement.
- The purchaser becomes liable for all obligations with respect to the interests on the closing date.
- This legal contract template is available in MS Word format and is fully editable.
- Intended for use in the Province of Alberta, Canada.
$5.99