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Alberta Inclusion Agreement for Oil and Gas Leases

The purpose of the Inclusion Agreement is to include subsequently acquired petroleum and natural gas leases in a previously executed agreement for exploration and development.
The form is written for use in the Province of Alberta, Canada but can be modified for other jurisdictions.
This is a reusable legal form which can be downloaded, saved as a template, and used as often as you require.
The Inclusion Agreement template is available in MS Word format. Other formats available on request.

$2.29 $1.99

Allocation of Purchase Price. The offer details how the purchase price will be allocated between petroleum and natural gas rights, tangibles, and miscellaneous interests.
Interest Calculations. This sample offer letter includes two interest clauses - one for no interest, and one for interest to be calculated from the effective date to the date before closing.
Formal Agreement. If accepted, the offeror will prepare a formal purchase and sale agreement.
Conditions Precedent. The offer is subject to:
- the offeror performing a satisfactory due diligence review of all books, files, records, and contracts;
- the offeror receiving all necessary regulatory approvals;
- a satisfactory environmental audit by the offeror;
- the vendor being satisfied that Alberta Energy will approve the transfer.
Jurisdiction. The offer form is written to be used in the Province of Alberta but can be modified for use in other Canadian provinces.
How to Get the Form. You can download the MS Word template immediately after purchasing it.

$14.99

Allocation of Purchase Price. The offer sets out how the purchase price will be allocated between petroleum and natural gas rights, tangibles, and miscellaneous interests.
Calculation of Interest. The template contains two interest clauses - one if interest is being calculated, and one if no interest is payable.
Acceptance. If accepted, the offeror will prepare a formal purchase and sale agreement.
Conditions Precedent:
- The offer is subject to the purchaser performing a satisfactory due diligence review of all books, files, records, and contracts.
- The transaction is subject to the purchaser receiving all necessary regulatory approvals for the sale.
- The offer is also conditional upon the purchaser conducting a satisfactory environmental audit.
- The transaction is subject to the vendor being satisfied that Alberta Energy will approve the transfer.
Environmental Liability. The purchaser will assume all environmental liabilities.
Jurisdiction. The offer is written with the intention of being used within the Province of Alberta. However, it can be modified for use in other provinces of Canada.

$14.99

In addition to transferring and assigning all of its interest in the leases, the assignor agrees to indemnify the assignee against any claims arising by or through the assignor with respect to the leases.
The assignor warrants that all rents and other payments have been made and that no notice of default has been received with respect to any of the interest conveyed.
The assignee agrees to indemnify the assignor against payment of rents and the performance of any obligations that may be due with respect to the leases.
To get your copy of the Alberta Assignment of Surface Lease form: add it to your cart, check out and download. You can then fill it in, print and sign it.

$12.49

The beneficiary is a party who has purchased the interest in the gas leases from the trustee.
The trustee will continue to hold title to the leases in trust on behalf of the beneficiary.
The beneficiary will be liable to the trustee for all costs and damages which the trustee may suffer or pay.
The beneficiary agrees to indemnify and hold the trustee harmless against any claims, actions, costs, losses or damages arising from the trustee acting as trustee under the Agreement.
This Trust Agreement for Gas Leases is a fully editable legal form that is intended for use in the Province of Alberta.

$12.49