DOG 25-84 LEASE ADL _

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EXPLORATION LICENSE ASSIGNMENT DNR EL1 EXPLORATION LICENSE: ADL __________ EFFECTIVE DATE OF LICENSE: _________ STATE OF ALASKA DEPARTMENT OF NATURAL RESOURCES DIVISION OF OIL AND GAS ASSIGNMENT OF INTEREST IN OIL AND GAS EXPLORATION LICENSE The undersigned assignor_______________________________________________________________, whose address is______________________________________________________________________, as owner of ______________________________________ percent of the license's working interest does hereby assign to _______________________________________________________, the assignee, whose address is______________________________________________________________________, 1. ________________________________________ percent working interest; 2. The assignor is retaining ________________________ percent of the license's working interest. 3. LANDS AFFECTED by this assignment of interest: See Schedule 1 for detailed legal description containing ___________________________acres, more or less. ____________________________________________________________________________________ The Notification Licensee for the purpose of receiving any and all notices from the State of Alaska in connection with the exploration license will be: Name _______________________________________________________________________________ Attn: _____________________________________ Address _______________________________ _______________________City, State, Zip _________________________________________________ We, the undersigned, request the approval of this assignment application. We attest that this application discloses all parties receiving an interest in the exploration license and that it is filed pursuant to 11 AAC 82.605 and 11 AAC 82.615. We further attest that all parties to this agreement are qualified to transfer or hold an interest in oil and gas exploration licenses pursuant to 11 AAC 82.200 and 11 AAC 82.205. Whether approved in whole or in part, the assignee agrees to be bound by the provisions of said exploration license. _______________________________________ Assignor's Signature _______________________________________ Assignor's Name (Print or Type) & Title THE UNITED STATES OF AMERICA) )SS. STATE OF ______________________ ) ____________________________________ Date ____________________________________ Company Name Qualification File # ________________ This certifies that on the ___________day of _____________________, 20 _____, before me, a notary public in and for the State of _______________________________________________, duly commissioned and sworn, personally appeared __________________________________________, to me known and known to me to be the person described in, and who executed the foregoing assignment, who then after being duly sworn according to law, acknowledged to me under oath that he executed same freely and voluntarily for the uses and purposes therein mentioned. WITNESS my hand and official seal the day and year in this certificate first above written. __________________________________ Notary Public My Commission expires ______________ ________________________________ Assignee's Signature ________________________________ Assignee's Name (Print or Type) & Title THE UNITED STATES OF AMERICA) )SS. STATE OF ______________________ ) __________________________________ Date ____________________________________ Company Name Qualification File # ________________ This certifies that on the ___________ day of _______________, 20 _____, before me, a notary public in and for the State of _________________________________________________, duly commissioned and sworn, personally appeared _________________________________________, to me known and known to me to be the person described in, and who executed the foregoing assignment, who then after being duly sworn according to law, acknowledged to me under oath that he executed same freely and voluntarily for the uses and purposes therein mentioned. WITNESS my hand and official seal the day and year in this certificate first above written. __________________________________ Notary Public My Commission expires _______________ APPROVAL The foregoing assignment is approved as to the lands described in item 5 thereof, effective as of the date set forth below. ________________________________ Kevin R. Banks, Acting Director Division of Oil and Gas, DNR, State of Alaska ____________________________________ Effective Date of Assignment

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