99853 Fee: 496.00 Page 1 of 17 Golden Valley County, Filed 8/12/2011 at 11:12 AMSusan Davidson, North Dakota RecorderBy Crystal Nesilg DeputyRETURN TO ROBERT PRIGGE, ATTORNEY AT LAWPO BOX 1457 BILLINGSMT 59103

EX-10.6 5 f8k070612a2ex10vi_stratex.htm GOLDEN VALLEY ASSIGNMENT OF OIL & GAS LEASES f8k070612a2ex10vi_stratex.htm
Exhibit 10.6
 
99853 Fee: 496.00 Page 1 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
Susan Davidson, North Dakota Recorder
By Crystal Nesilg          Deputy
RETURN TO ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457 BILLINGSMT 59103
 
STATE OF NORTH DAKOTA      }
                                                            }
COUNTY OF GOLDEN VALLEY   }
GRANTOR     ü
GRANTEE      ü
TRACT           ü
 
 
 
ASSIGNMENT OF OIL AND GAS LEASES
 
 
KNOW ALL MEN BY THESE PRESENTS:
 
That, Sage Oil & Gas Co., whose address is 4319 Palisades Park, Billings, Montana 59106, herein called "Assignor," in consideration of Ten Dollars ($10.00) and other good and valuable consideration to it in hand paid, the receipt and sufficiency of which are hereby acknowledged, does hereby ASSIGN, TRANSFER, SELL, SET OVER and CONVEY unto Stratex Oil and Gas, Inc., with offices at 30 Echo Lake Road, Watertown, Connecticut 06795, its successors and assigns, hereinafter referred to as "Assignee', all of Assignor's right, title and interest in and to those certain Oil and Gas Leases located in Golden Valley County, North Dakota. (sometimes hereinafter the "Leases" or "Fee Leases" or "Federal Leases"), more particularly identified and described on attached Exhibit A.
 
Assignor reserves unto itself, its successors and assigns, an overriding royalty interest equal to the difference between existing burdens and 18.5% on the fee Leases and equal to the difference between existing burdens and 16.0% on the federal Leases, in and to all of the oil, gas and other hydrocarbons produced, saved and sold from the interests assigned hereunder in the Leases during the terms thereof including any extensions or renewals thereof. Any Leases acquired by Assignee its successors or assigns within two years of the termination of any of the Leases shall be deemed an extension or renewal lease for purposes under this provision insofar as the renewal or extension lease covers acreage transferred hereunder.
 
It is the intent of the parties that Assignee receive a proportionately reduced 81.5% net revenue interest on the Fee Leases and a proportionately reduced 84.0% net revenue interest on the Federal Leases.
 
Said overriding royaltv interests shall be inclusive or all existing royalties of record at the time of Closing and lessor's royalty, and shall be free of all development, production and operating expenses and shall be computed and valued in the same manner and shall be subject to the same allowable deductions and operating costs as would a federal royalty; except, however, said interest shall bear and pay currently its portion of gross production taxes, pipeline taxes, and all other taxes assessed against the gross production subject to said overriding royalty interest. It is agreed that nothing herein contained shall impose upon the Assignor, its successors or assigns, any duty or obligation to develop or operate the property covered by the Leases for oil, gas or other hydrocarbons, nor to maintain the Leases in effect by the payment of delay rentals or other means.
 
 
 

 
 
Assignment of Oil and Gas Leases
Sage Oil & Gas Co., Assignor
Stratex Oil and Gas. Inc,.
Assignee Golden Valley County, North Dakota
Page 2 of 4
99853 Fee: 496.00 Page 2 of 17
Golden Valley Counry, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457ELLINGSMT59103
 
In the event the Leases and the lands covered thereby, or any part thereof, are pooled or consolidated with other lands and leases into voluntary units, or into units as established by any governmental authority having jurisdiction. and if said Leases or any part thereof pooled accordingly, then the overriding royalty interest herein reserved shall be reduced in the proportion that the acreage burdened by said overriding royalty interest bears to all the acreage included in any such pooled unit.
 
In the event the Leases covers less than the entire fee simple mineral interest or if Assignor owns less than 100% of the leasehold working interest in the Leases, the overriding royalty interest herein reserved shall be reduced proportionately.
 
Assignee acknowledges it is sophisticated in the evaluation, purchase, ownership and operation of oil and gas interests. Assignee has had the opportunity to review all lease and title information in Assignor's possession, and in making its decision to enter into this Assignment and to consummate the transactions contemplated hereby. Assignee has relied or shall rely solely on its own investigation and evaluation of the interests assigned herein and has satisfied or shall satisfy itself through its own due diligence as to all title, environmental and contractual arrangements and other matters affecting the interests herein assigned.
 
Except as expressly warranted, represented or covenanted otherwise in this assignment, without limiting the generality or the foregoing. Assignor expressly disclaims any representation or warranty, express or implied, as to Assignor's title to any of the interests assigned herein, it being expressly understood and agreed by the parties that Assignee shall be deemed to be obtaining the title to the interests assigned herein in its present status, with all faults or defects (know or unknown, latent, discoverable or undiscoverable).
 
Separate assignments of the federal Leases shall he executed on approved forms by Assignor to Assignee, in sufficient counterparts to satisfy applicable statutory and regulatory requirements. Said assignments shall be deemed to contain all of the exceptions, reservations, rights, titles, power and privileges set forth herein as fully as though the same were set forth in each such assignment. The interests conveyed by any such separate assignments are the same and not in addition to, the Leases conveyed herein,
 
This Assignment shall be subject to the terms, provisions, and conditions of that certain Purchase and Sale Agreement dated June 23, 2011, by and between Sage Oil & Gas Co and Stratex Oil and Gas, Inc.
 
This Assignment is also subject to the terms, provisions, and conditions of that certain Purchase and Sale Agreement dated June 25, 2011, by and between Codak Land
 
 
 

 
 
Assignment of Oil and Gas Leases
Sage Oil & Gas Co., Assignor
Stratex Oil and Gas. Inc,.
Assignee Golden Valley County, North Dakota
Page 3 of 4
99853 Fee: 496.00 Page 2 of 17
Golden Valley Counry, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457ELLINGSMT59103
 
Company, LLC and Sage Oil & Gas Co., Inc., including, without limitation, benefit of the reservation contained in Section 7, thereof under which Codak Land Company, LLC specifically retains all rights in and liability for the Northrop #1-25 Well. located in the SWNW of Section 25-136N-106W. Golden Valley County, North Dakota.
 
Assignor makes no representation or warranty of title, either express or implied, except by, through or under Assignor, but not otherwise.
 
This instrument and all the terms, covenants, conditions and reservations herein contained shall be binding upon and inure to the benefit of Assignor and Assignee, their respective successors and assigns, and shall be deemed covenants running with the leasehold estate and interest assigned hereby.
 
IN WITNESS WHEREOF, Assignor has caused this instrument to be executed on the 28 day of July 2011.
 
Assignor:   Assignee:  
           
Sage Oil & Gas Co.   Stratex Oil and Gas, Inc.  
           
By:
/s/ John J. Kane
  By:
/s/ Timothy L. Kelly
 
 
John J. Kane
   
Timothy L. Kelly
 
 
President
   
President
 
 
 
AKNOWLEDGEMENT
 
 
STATE OF MONTANA                  )
                                                             ) ss
COUNTY OF YELLOWSTONE      )
 
On this 28 day of July, 2011. before me personally appeared John J. Kane, to me personally known or who being by me duly sworn, did say that he is the President of Sage Oil & Gas Co., a Montana corporation, and said John J. Kane acknowledged said instrument to be the free act and deed of Sage Oil & Gas Co.
 
Witness my hand and official seal.    
       
My commission expires:
 /s/ Robert H. Prigge  
   7-16-2015 Notary Public    
  Printed Name: Robert H. Prigge  
       
 
 
 
 
 

 
 
Assignment of Oil and Gas Leases
Sage Oil & Gas Co., Assignor
Stratex Oil and Gas. Inc,.
Assignee Golden Valley County, North Dakota
Page 4 of 4
99853 Fee: 496.00 Page 2 of 17
Golden Valley Counry, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457ELLINGSMT59103
 
STATE OF MONTANA
 
COUNTY OF YELLOWSTONE
 
On this 28 day of July, 2011. before me personally appeared Timothy L. Kelly, to me personally known or who being by me duly sworn, did say that he is the President of Sage Oil & Gas Inc., a Delaware corporation, and said Timothy L. Kelly acknowledged said instrument to be the free act and deed of Sage Oil & Gas Inc.
 
Witness my hand and official seal.    
       
My commission expires:
 /s/ Robert H. Prigge  
   7-16-2015 Notary Public    
  Printed Name: Robert H. Prigge  
  Address: PO Box 1457  
    Billings, MT 59103  
 
 
 
 

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec  Description
Recorded
as
Document
#
             
Marilyn D. Sheldon Codak Land Company, LLC  8/12/09 137N-105W 4 NW 99332
             
Douglas John and Theresa Codak Land Company, LLC 8/12/09 137N-105W 4 SE 99333
             
Raymond E. Lundin Codak Land Company, LLC 8/13/09 137N-105W 28 NE 99331
             
Rodger A. Marquardt Codak Land Company, LLC 8/13/09 137N-104W 32 E2SW, SE 99315
             
Janice Lee Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99348
      136N-105W 7 All  
      136N-105W 30 S2   
      136N-105W 32 All  
       136N-106W 25 All   
      136N-106W 35 NE  
             
Danny McNeary Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99347
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-105W 25 All  
      136N-106W 35 NE  
            99346
Joanne Bowers Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2  
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-105W 25 All  
      136N-106W 35 NE  
             
Maureen McNeary Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99349
      136N-105W 7 All  
 
99853 Fee: 496.00 Page 5 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 1 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec Description
Recorded
as
Document
#
      136N-105W 30 S2  
Maureen McNeary con't
    136N-105W 32 All  
      136N-105W 25 All  
      136N-106W 35 NE  
             
Tom McNeary Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99335
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Bill McNeary Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99340
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Claudia Peterson Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99338
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-105W 25 All  
      136N-106W 35 NE  
             
Danny Northrop Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99339
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-105W 25 All  
      136N-106W 35 NE  
 
99853 Fee: 496.00 Page 6 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 2 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated  
Twnshp
Range
Sec Description
Recorded
as
Document
#
             
Lois Northrop Living Trust Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99341
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Sue Northrop Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99342
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
James Nothrop Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99344
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Earl & Audrey Northrop Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99337
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Jane Lopes Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99343
      136N-105W 7 All  
 
99853 Fee: 496.00 Page 7 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 3 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated  
Twnshp
Range
Sec Description
Recorded
as
Document
#
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-106W 25 All  
Jane Lopes con't     136N-106W 35 NE  
             
Perry Northrop Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99336
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Pauline Northrop Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99334
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 30 NE  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Randy Nothrop Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99345
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 30 NE  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
John Northrop Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99350
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 30 NE  
 
99853 Fee: 496.00 Page 8 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 4 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated  
Twnshp
Range
Sec Description
Recorded
as
Document
#
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Jackie Higlin Cokamo Oil, LLC, Tital Land 3/24/09 136N-105W 6 S2 99351
      136N-105W 7 All  
      136N-105W 30 S2  
      136N-105W 30 NE  
      136N-105W 32 All  
      136N-106W 25 All  
      136N-106W 35 NE  
             
Mel and Edith Bosserman Codak Land Company, LLC 8/12/09 136N-105W 5 Lots 1-12, S2 99327
      137N-104W 32 N2, W2SW  
      137N-105W 3 Lots 1-4, S2N2, S2  
      137N-105W 10 All  
      137N-105W 16 NE, E2SW  
      138N-105W 34 S2S2  
             
Michael Bosserman Codak Land Company, LLC 8/13/09 137N-105W 27 NW 99328
             
Mark and Debra Bosserman Codak Land Company, LLC 8/13/09 137N-105W 27 NW 99329
             
Jason and Julie Bosserman Codak Land Company, LLC 8/13/09 137N-105W 27 NW 99330
             
James Russell Codak Land Company, LLC 8/12/09 137N-105W 4 Lots 1,2, S2NE 99777
             
Marti Lynn Denton Codak Land Company, LLC 8/12/09 137N-105W 4 Lots 1,2, S2NE 99777
 
99853 Fee: 496.00 Page 9 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 5 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated  
Twnshp
Range
Sec Description
Recorded
as
Document
#
             
USA NDM99138 Codak Land Company, LLC 8/1/09 136N-105W 18 Lots 1-4, E2W2, SE 99316
      136N-105W 20 S2NE, exc 3.0 acres desc by  
             
 
99853 Fee: 496.00 Page 10 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 6 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec  Description
Recorded
as
Document
#
             
USA NDM98957 Codak Land Company, LLC 5/1/09 136N-106W 30 Lots 1-4, SE 99317
      136N-106W 31 Lots 1-4, E2   
      136N-106W 34 All  
             
USA NDM99142 Codak Land Company, LLC 8/1/09 136N-106W 20 SE 99318
       136N-106W 26 All  
      136N-106W 35 SE  
            99323
Eugene A. Weinreis Codak Land Company, LLC  8/13/09 136N-105W  2 SW  
      136N-105W  11 NW  
      136N-105W  17 N2  
      136N-105W  17 S2  
      136N-105W  18 NE  
      136N-105W  19 Lots 1-4, E2W2, E2  
      136N-105W  20 SW, S2SE, S2NE  
      136N-105W  21 All  
      136N-105W  28 E2E2, W2SE, E2SW  
      136N-105W  29 All  
      136N-105W  33 All  
      136N-106W 3 Lots 1, 2, and 7-10  
      136N-106W 4 Lots 1-6 and 11-12, SW   
      136N-106W 4 Lots 7-10  
      136N-106W 9 All  
      136N-106W 10 S2N2  
      136N-106W 11 All  
      136N-106W 14 W2W2, NENW, N2NE, SENE  
      137N-105W 17 S2SW  
      137N-105W 18 SE  
      137N-105W 19 Lots 1-4, E2W2, E2  
      137N-105W 26 SW  
      137N-105W 27 SE  
      137N-105W 33 W2  
 
99853 Fee: 496.00 Page 11 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 7 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec  Description
Recorded
as
Document
#
             
Eugene A. Weinreis con't     137N-105W 34 S2S2  
      137N-105W 34 N2, N2S2  
      137N-105W 35 NW  
      137N-106W 23 NW  
      137N-106W 24 SE  
      137N-104W 19 Lot 1, NE, NENW  
      137N-104W 20 NW  
             
Gerald L. Weinreis Codak Land Company, LLC  8/13/09 136N-105W  2 SW 99320
      136N-105W  11 NW  
      136N-105W  17 All  
      136N-105W  18 NE  
      136N-105W  19 Lots 1-4, E2W2, E2  
      136N-105W  20 SW, S2SE, S2NE  
      136N-105W  21 All  
      136N-105W  28 E2E2, W2SE, E2SW  
      136N-105W  29 All  
      136N-105W  33 All  
      136N-106W 3 Lots 1, 2, and 7-10  
      136N-106W 4 Lots 1-6 and 11-12, SW   
      136N-106W 4 Lots 7-10  
      136N-106W 9 All  
      136N-106W 10 S2N2  
      136N-106W 11 All  
      136N-106W 14 W2W2, NENW, N2NE, SENE  
      137N-105W 17 S2SW  
      137N-105W 18 SE  
      137N-105W 19 Lots 1-4, E2W2, E2  
      137N-105W 26 SW  
      137N-105W 27 SE  
      137N-105W 34 S2S2  
       137N-105W 34 N2, N2S2  
 
99853 Fee: 496.00 Page 12 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 8 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec  Description
Recorded
as
Document
#
      137N-105W 35 NW  
Gerald L. Weinreis con't     137N-106W 23 NW  
      137N-106W 24 SE  
             
Charles Weinreis Codak Land Company, LLC  8/13/09 136N-105W  2 SW 99322
      136N-105W  11 NW  
      136N-105W  17 All  
      136N-105W  18 NE  
      136N-105W  19 Lots 1-4, E2W2, E2  
Charles Weinreis con't     136N-105W  20 SW, S2SE, S2NE  
      136N-105W  21 All  
      136N-105W  28 E2E2, W2SE, E2SW  
      136N-105W  29 All  
      136N-105W  33 All  
      136N-106W 3 Lots 1, 2, and 7-10  
      136N-106W 4 Lots 1-6 and 11-12, SW   
      136N-106W 4 Lots 7-10  
      136N-106W 9 All  
      136N-106W 10 S2N2  
      136N-106W 11 All  
      136N-106W 14 W2W2, NENW, N2NE, SENE  
      137N-105W 17 S2SW  
      137N-105W 18 SE  
      137N-105W 19 Lots 1-4, E2W2, E2  
      137N-105W 26 SW  
      137N-105W 27 SE  
      137N-105W 34 S2S2  
      137N-105W 34 N2, N2S2  
      137N-105W 35 NW  
      137N-106W 23 NW  
      137N-106W 24 SE  
             
 
99853 Fee: 496.00 Page 13 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 9 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec  Description
Recorded
as
Document
#
Peter J. Weinreis  Codak Land Company, LLC   8/13/09 136N-105W  2 SW 99326
      136N-105W  11 NW  
      136N-105W  17 All  
Peter J. Weinreis con't     136N-105W  18 NE  
      136N-105W  19 Lots 1-4, E2W2, E2  
      136N-105W  20 SW, S2SE, S2NE  
      136N-105W  21 All  
      136N-105W  28 E2E2, W2SE, E2SW  
      136N-105W  29 All  
      136N-105W  33 All  
      136N-106W 3 Lots 1, 2, and 7-10  
      136N-106W 4 Lots 1-6 and 11-12, SW   
      136N-106W 4 Lots 7-10  
      136N-106W 9 All  
      136N-106W 10 S2N2  
      136N-106W 11 All  
      136N-106W 14 W2W2, NENW, N2NE, SENE  
      137N-105W 17 S2SW  
      137N-105W 18 SE  
      137N-105W 19 Lots 1-4, E2W2, E2  
      137N-105W 26 SW  
      137N-105W 27 SE  
      137N-105W 34 S2S2  
      137N-105W 34 N2, N2S2  
      137N-105W 35 NW  
      137N-106W 23 NW  
      137N-106W 24 SE  
             
Daniel D. Weinreis Codak Land Company, LLC  8/13/09 136N-105W  2 SW 99321
      136N-105W  11 NW  
      136N-105W  17 All  
      136N-105W  18 NE  
 
99853 Fee: 496.00 Page 14 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 10 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec  Description
Recorded
as
Document
#
      136N-105W  19 Lots 1-4, E2W2, E2  
      136N-105W  20 SW, S2SE, S2NE  
      136N-105W  21 All  
      136N-105W  28 E2E2, W2SE, E2SW  
Daniel D. Weinreis con't     136N-105W  29 All  
      136N-105W  33 All  
      136N-106W 3 Lots 1, 2, and 7-10  
      136N-106W 4 Lots 1-6 and 11-12 SW   
      136N-106W 4 Lots 7-10  
      136N-106W 9 All  
      136N-106W 10 S2N2  
      136N-106W 11 All  
      136N-106W 14 W2W2, NENW, N2NE, SENE  
      137N-105W 17 S2SW  
      137N-105W 18 SE  
      137N-105W 19 Lots 1-4, E2W2, E2  
      137N-105W 26 SW  
      137N-105W 27 SE  
      137N-105W 34 S2S2  
       137N-105W 34 N2, N2S2  
      137N-105W 35 NW  
      137N-106W 23 NW  
      137N-106W 24 SE  
             
Leland L. Weinreis Codak Land Company, LLC  8/13/09 136N-105W  2 SW 99324
      136N-105W  11 NW  
      136N-105W  17 All  
      136N-105W  18 NE  
      136N-105W  19 Lots 1-4, E2W2, E2  
      136N-105W  20 SW, S2SE, S2NE  
      136N-105W  21 All  
      136N-105W  28 E2E2, W2SE, E2SW  
 
99853 Fee: 496.00 Page 15 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 11 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec  Description
Recorded
as
Document
#
      136N-105W  29 All  
      136N-105W  33 All  
      136N-106W 3 Lots 1, 2, and 7-10  
      136N-106W 4 Lots 1-6 and 11-12 SW   
      136N-106W 4 Lots 7-10  
Leland L. Weinreis con't     136N-106W 9 All  
      136N-106W 10 S2N2  
      136N-106W 11 All  
      136N-106W 14 W2W2, NENW, N2NE, SENE  
      137N-105W 17 S2SW  
      137N-105W 18 SE  
      137N-105W 19 Lots 1-4, E2W2, E2  
      137N-105W 26 SW  
      137N-105W 27 SE  
      137N-105W 34 S2S2  
       137N-105W 34 N2, N2S2  
      137N-105W 35 NW  
      137N-106W 23 NW  
      137N-106W 24 SE  
             
George Weinreis  Codak Land Company, LLC   8/13/09 136N-105W  2 SW 99325
      136N-105W  11 NW  
      136N-105W  17 All  
      136N-105W  18 NE  
      136N-105W  19 Lots 1-4, E2W2, E2  
      136N-105W  20 SW, S2SE, S2NE  
      136N-105W  21 All  
      136N-105W  28 E2E2, W2SE, E2SW  
      136N-105W  29 All  
      136N-105W  33 All  
      136N-106W 3 Lots 1, 2, and 7-10  
      136N-106W 4 Lots 1-6 and 11-12, SW   
 
99853 Fee: 496.00 Page 16 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 12 of 13

 
 
Exhibit A
Attached to and made a part of that certain Assignment of Oil and Gas Leases, dated July 23, 2011,
Sage Oil Gas Co., Assignor, and Stratex Oil and Gas, Inc., Assignee
covering lands in Golden Valley County, North Dakota
 
Lessor Lessee Lease Dated
Twnshp
Range
Sec  Description
Recorded
as
Document
#
      136N-106W 4 Lots 7-10  
      136N-106W 9 All  
      136N-106W 10 S2N2  
      136N-106W 11 All  
      136N-106W 14 W2W2, NENW, N2NE, SENE  
      137N-105W 17 S2SW  
George Weinreis con't     137N-105W 18 SE  
      137N-105W 19 Lots 1-4, E2W2, E2  
      137N-105W 26 SW  
      137N-105W 27 SE  
      137N-105W 34 S2S2  
      137N-105W 34 N2, N2S2  
      137N-105W 35 NW  
      137N-106W 23 NW  
      137N-106W 24 SE  
             
Weinreis Bros. Codak Land Company, LLC  8/13/09 136N-106W 2 SW 99319
       136N-106W  3 S2  
      136N-106W 10 N2N2  
      137N-105W 4 SW less 19.56 acres  
      137N-105W 9 NW less A-82 (2.73 ac), A-82 (9.1)  
      137N-105W 9 E2  
      137N-105W 9 SW  
 
99853 Fee: 496.00 Page 17 of 17
Golden Valley County, Filed 8/12/2011 at 11:12 AM
RETURN TO: ROBERT PRIGGE, ATTORNEY AT LAW
PO BOX 1457BILLINGSMT59103
 
 
Page 13 of 13