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Document Id : 650
File Type : Microsoft Word
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Alberta Assignment and Novation Agreement for Change of Operator
Prepare an Assignment and Novation Agreement for Change of Operator with this template oil and gas form for Alberta properties.
- One operator (the assignor) assigns all of its rights and interest in certain oil and gas properties to another operator (the assignee).
- The assignor novates the assignee as a party to the original agreement under which the assignor acquired its interest.
- All other parties to the original agreement waive their pre-emptive rights.
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