Alberta Partial Assignment and Novation Agreement

Transfer a part interest in oil and gas rights under this Assignment and Novation Agreement for properties in Alberta.

• One party (the assignor) assigns a portion of its rights and interest in certain oil and gas properties to another party (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.
• The template is for the Province of Alberta, but can be easily adapted for oil and gas rights in other areas.
• To get your copy of the Partial Assignment and Novation Agreement, simply add it to your cart and check out. You'll be able to download it right after payment is made.