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.
Last Updated: 15-July-2021