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Alberta Assignment of Interest Agreement for Oil and Gas Assets
Assign an interest in Alberta oil and gas assets with this easy-to-use Assignment of Interest Agreement.
- The current interest holder (the assignor) assigns all of its interest under a governing agreement in certain oil and gas properties to another party (the assignee).
- The assignee covenants to perform all of the assignor's obligations under the agreement.
- The assignee ratifies all acts of the assignor after the effective date of the agreement and prior to the assignment.
- This Assignment of Interest Agreement is for Alberta oil and gas interests, but can be modified for other provinces and territories. Download immediately after purchase.
$6.29
Alberta Joint Operating Agreement
Enter into a Joint Operating Agreement to govern operation and maintenance of Alberta oil and gas properties with this customizable template.
- The parties collectively own 100% interest in the subject lands and want to provide for the operation and maintenance of the title documents and the joint lands.
- All benefits, revenues, costs and expenses will be apportioned among the parties according to their respective interests.
- Provisions for selection of leases earned by drilling of prior lease earning wells, including method of selection if the parties cannot agree.
- The operator is responsible for making timely application for royalty holidays or abatements on behalf of the parties.
- The operator is given the authority to make GST elections on behalf of the parties.
- This Joint Operating Agreement is a downloadable and fully editable legal document that is intended for use in the Province of Alberta, Canada.
$17.99
Alberta Pooling and Joint Operating Agreement
Enter into a Pooling and Joint Operating Agreement for operating and maintaining oil and gas wells in Alberta with this customizable template.
- The parties agree to pool and combine their working interests.
- Each party has the right to build a production facility, however they must offer the other parties the right to participate and join in the construction and ownership of such facility.
- The agreement sets out an area of mutual interest comprised of petroleum and natural gas interests which lie at least 50% within a specified geographic area. If any party acquires an interest in lands within the mutual interest area, it must give the other parties an option to purchase an interest equal to their respective participating interests.
- This Pooling and Joint Operating Agreement is a Canadian legal form intended for use within the Province of Alberta.
$17.99