Alberta Quit Claim and Assignment of Oil and Gas Assets

Assign, transfer and give up all rights to oil and gas assets in Alberta with this Quit Claim, Assignment and Conveyance of Interest form.

  • The assets being conveyed to the purchaser include petroleum and natural gas rights, equipment and miscellaneous interests.
  • The assets are transferred on an 'as is, where is' basis.
  • The purchaser assumes the vendor's liability and obligations with respect to the assets, including environmental liabilities, and will indemnify the vendor with respect to the same.
  • The parties mutually release each other from any and all claims, actions, damages and losses.
  • This legal document is intended for use in the Province of Alberta, Canada.
  • The form is available in MS Word format. Other formats available on request.
Document Type: Microsoft Word
Last Updated: 05-July-2021
SKU: 638
Old price: $17.00
$14.99
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Alberta Quit Claim Agreement for Oil and Gas Rights

Give up (quitclaim) your rights to oil and gas assets in Alberta with this downloadable Quit Claim Agreement.

  • The grantor (person giving up the rights) agrees to transfer to the grantee (transferee) its entire interest in the assets, which include petroleum and natural gas rights, equipment and miscellaneous interests.
  • The grantor makes no representations or warranties regarding title to the assets.
  • The grantor does not guarantee that the grantee will receive any better interest in the assets than the grantor now has.
  • The grantor has not received any notice of default regarding the assets.
  • The grantee acknowledges that it is receiving the assets on an 'as is' basis.
  • The grantee indemnifies the grantor against all claims, actions, losses and damages.
  • This legal document is intended to be used within the Province of Alberta, Canada.
  • The Quit Claim Agreement is downloadable and can be modified to fit your unique needs.
$12.49