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Alberta Conveyance of Oil and Gas Assets
Transfer certain oil and gas assets to another party with this Conveyance and Transfer form for Alberta.
- The transferor conveys and transfers title to the assets (petroleum leases, production rights, etc) to the transferee pursuant to an Asset Exchange Agreement between the parties.
- The form can be re-used as often as required. Download, save it as a template, use it as often as you like.
- This Conveyance and Transfer form is intended to be used in connection with oil and gas assets located in the Province of Alberta, Canada.
$6.29
Alberta Direction to Pay Proceeds of Oil and Gas Asset Exchange
Instruct a purchaser how to pay the proceeds for an oil and gas asset exchange with this free Direction to Pay form for Alberta properties.
- The Direction is given in connection with an Asset Exchange Agreement.
- The vendor directs the purchaser how and where to pay the purchase price for petroleum and natural gas properties.
- The form is available in MS Word format and is downloadable and fully editable.
- Intended for use in the Province of Alberta, Canada.
$0.00
Alberta Guarantee Agreement for Natural Gas Asset Exchange
Prepare a Guarantee Agreement for an oil and gas asset exchange with this template form for the Province of Alberta.
- The guarantee is given in connection with a Purchase and Sale Agreement for natural gas assets.
- The guarantor, as the parent company of the vendor (seller), guarantees all of the vendor's obligations to the purchaser.
- The guarantee is irrevocable, unconditional and continuing.
- The liability of the guarantor is separate from that of the vendor.
- The Guarantee Agreement is intended for use in the Province of Alberta, Canada.
- The form is a downloadable legal document in MS Word format that can be modified to fit your specific needs.
$6.29 $5.99
Alberta Petroleum Asset Exchange Agreement
Transfer petroleum and natural gas interests to a purchaser with this Petroleum Asset Exchange Agreement for Alberta, Canada.
- Allocation of Value. The Agreement sets out the value of the assets and allocates the value among rights, tangibles and miscellaneous interests.
- Payment of Costs. In each case, the transferee will pay all costs to register and convey the assets and will bear all costs of work performed or goods or services provided with respect to the assets prior to the effective date.
- Adjustments. An interim adjustment and accounting will be done, and the benefits and obligations with respect to the assets apportioned accordingly, as of the effective date.
- Maintenance of Assets. Each party will maintain its assets in accordance with good oil field practice until closing.
- Review. Each party agrees to conduct a review of title to the assets being transferred.
- Conditions Precedent. The transfers are subject to certain conditions precedent, including substantial damage and material compliance.
- Arbitration. The parties agree to arbitration pursuant to The Arbitration Act of Alberta, in the event of dispute.
- Attachments. The Agreement includes a form of General Conveyance and a Certificate of Officer.
- Governing Laws. This Petroleum Asset Exchange Agreement contains references to provincial laws and regulations of the Province of Alberta, Canada.
$44.99