Alberta Assignment and Novation Agreement

Transfer an interest in Alberta oil and gas assets from one operator to another with this Assignment and Novation Agreement form.

  • Assignment of Rights. The original operator (the assignor) assigns all of its rights and interest in the properties to another operator (the assignee).
  • Novation. The assignor novates the new operator as a party to the original agreement under which the assignor acquired its interest.
  • Consent and Waiver. All other stakeholders who were parties to the original agreement consent to the transfer and waive their pre-emptive rights.
  • Release of Assignor. The other stakeholders also release the assignor from performance of the original agreement after the effective date of the assignment.
  • Jurisdiction. This legal document is intended for use in the Province of Alberta, Canada.
  • How to Obtain the Form. You can download the MS Word form immediately after purchase. Other formats available on request.
Document Type: Microsoft Word
Last Updated: 18-May-2025
SKU: 650
$12.49
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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.
$17.99