LL0GBluewater Holdings, L.L.C.
August 6, 2020
Bureau of Ocean Hnergy Management Gulf of Mexico OCS Region 1201 Elmwood Park Blvd., MS WS 231A New Orleans, Louisiana 70123-2394
VIA EMAIL
ADJUDlCMioKl^lffl
ATTN: Adjudication Unit
RE: Assignment of Overriding Royalty InterestBy and between LLOG Bluewater Holdings, L.L.C., as Assignor, and AEON Roy alties, LP, Jerome C, Tebo and Charles T. \ ough, as Assignees S/2 and the S/2N/2 of OCS-G 36876, Block 921, Ewing Bank Non-Required Document EW 877/921 (Spruance) Prospect
Ladies and Gentlemen:
Enclosed please find two (2) copies of the following document:
Title of Document: Assignment of Ov erriding Royalty Interest
Identities of Parties to the Document: By and between LLOG Bluewater Holdings, L.L.C., as Assignor, and AEON Royalties, LP, Jerome C. Tebo and Charles T. Yough, as Assignees
Lease Affected: S/2 and the S/2N/2 of OCS-G 36876. Block 921, Ewing Bank
Category to he Eiled: 5 = Overriding Royalty, Production Payment, Net Profit
Serv ice Fees: pay.gov receipt in payment of the fee incurred by this request is enclosed
Once this document has been filed as requested, I would appreciate your stamping and returning one (1) copy to my attention at the address outlined below.
In the meantime, please do not hesitate to contact me should you have any questions or need any additional infonnation at (985) 801-4794 or [email protected].
Yours very truly.
LLOG Bluewater Holdings, L.L.C.
Rachael LePere Land Assistant
Enclosure
1001 OCHSNER BOULEVARD. SUITE 100 COVINGTON. LA 70433
PHONE: (985) 80W300 FAX: (985) 801-4798
Plaquemines Parish Recording Page
Kim Turlich-Vaughan Clerk of Court
PO Box 40Belle Chasse, LA 70037
(504) 934-6610
Received From :Attn: RANDY SCHROEDER ROBERTASCHROEDER PO BOX 681MANDEVILLE, LA 70470-0681
First VENDOR_______________ '
LLOG BLUEWATER HOLDINGS LLC
First VENDEE___________ _____________________________________________________________________________ 'AEON ROYALTIES LP |
Index Type : CONVEYANCE
Type of Document: ASSIGNMENT
Recording Pages : 14
File Number: 2020-00003042
Book: 1427 Page: 234
Recorded Information
I hereby certify that the attached document was filed for registry and recorded in the Clerk of Court's office for Plaquemines Parish, Louisiana.
On (Recorded Date): 07/30/2020
At (Recorded Time): 12:13:03PM
Doc ID - 005327600014
CLERK OF COURT KIM TURUCH-VAUGHAN
Parish of PlaqueminesI certify that this is a true copy of the attached
document that was filed for registry and Recorded 07/30/2020 at 12:13:03
Recorded in Book 1427 Page 234 File Number 2020-00003042
\aJtQnuac^>ltisUl^o^Deputy Clerk
I) E <3 ID WEBu
AUG 05 2020 JA DJUDICATiON SECTION
it•4'
Return To : Attn: RANDY SCHROEDER
Do not Detach this Recording Page from Original Document
Lafourche Parish Recording Page
Annette M. FontanaCLERK OF COURT
PO BOX 818303 W 3rd St
Thibodaux, LA 70302 (985) 447-4841
First VENDORLLOG BLUE WATER HOLDINGS L L C
First VENDEEAEON ROYALTIES LP
Index Type : CONVEYANCE
Type of Document: ASSIGNMENT
Inst Number: 1299715
1
Recording Pages : 11Book: 2173 Page: 498
Recorded Information
I hereby certify that the attached document was filed for registry and recorded in the Clerk of Court's office for Lafourche Parish, Louisiana.
On (Recorded Date): 07/30/2020
At (Recorded Time): 9:05:36AM
Certified On : 07/30/2020
Doc ID - 033543450011
CLERK OF COURT ANNETTE M. FONTANA
Parish of LafourcheI certify that this is a true copy of the attached
document that was filed for registry and Recorded 07/30/2020 at 9:05:36
Recorded in Book 2i73 Page 498 . File Number 1299715
St
Deftuty.Cleric
Do not Detach this Recording Page from Original Document
ASSIGNMENT OF OVERRIDING ROYALTY INTEREST
THE UNITED STATES OF AMERICA a3
OUTER CONTINENTAL SHELF 3
AUG 0 6 2020
ADJUDICATION SECTIONKNOW ALL MEN BY THESE PRESENTS:
THAT, LLOG Bluewater Holdings, L.L.C., a Delaware limited liability company, whose
address is 1001 Ochsner Boulevard, Suite 100, Covington, Louisiana 70433 (“Assignor”), for
and in consideration of TEN DOLLARS ($10.00) cash in hand paid, the covenants herein
contained and other good and valuable consideration, the receipt of which is hereby
acknowledged, does hereby BARGAIN, GRANT, SELL, CONVEY, TRANSFER and
ASSIGN unto the parties identified on the attached Exhibit “A” (“Assignees”), their respective
heirs and assigns, a 0.5% Overriding Royalty Interest (the “ORRI”) as set out on said Exhibit
“A,” in and to the Oil and Gas Lease (“Lease”) described in Exhibit “B” attached hereto and any
renewals or extensions thereof obtained by or for the benefit of Assignor, within one year from<
the expiration of the Lease.
In the event the Lease shall cover and include less than an undivided. 100% mineral
interest in and to all oil, gas and hydrocarbons in, on or under the lands covered by the Lease or
should the leasehold rights, titles and interests in the Lease fail or terminate, in whole or in part
for any. reason, then the interest herein assigned shall be proportionately reduced with reference
to such land, or portions thereof, so affected.
This Assignment is made by Assignor and accepted by Assignees subject to the following:
1. All of the terms, conditions and obligations contained in the Lease; and,
2. That certain unrecorded revised and extended Consulting and Exploration
Agreement dated effective July 1, 2013 by and between David A. Pustka, as an
Individual Member of Blue Streak Exploration Group and LLOG Exploration
Offshore, L.L.C., et al. .
3. That certain unrecorded revised and extended Consulting and Exploration
Agreement dated effective July 1, 2013 by and between Jerome C. Tebo, as an
Individual Member of Blue Streak Exploration Group and LLOG Exploration
Offshore, L.L.C., et al.
4. That certain unrecorded revised and extended Consulting and Exploration
Agreement dated effective July 1, 2013 by and between Charles T. Yough, as an
Individual Member of Blue Streak Exploration Group and LLOG Exploration
Offshore, L.L.C., et al.
5. That certain Letter Agreement for Overriding Royalty Interest dated July 20,
2020, by and between LLOG Exploration Offshore, L.L.C., LLOG Bluewater
Holdings, L.L.C., AEON Royalties, LP, Jerome C. Tebo and Charles T. Yough.
The ORRI hereby assigned shall be free of all costs of operations and drilling and shall be
computed by the same method and under the same conditions and circumstances as the royalty
provided to be sold or delivered in the Lease (except that any Royalty Relief or Royalty
Suspension Volumes granted by the Lessor shall have no effect on Assignor’s obligation to pay
the ORRI hereunder during the period of Royalty Relief or Royalty Suspension Volume), and
shall be subject to any provisions therein regarding deductions for marketing or other Lessor
approved deductible production related costs or expenses including a proportionate part of all
applicable severance and production taxes. N
If the Lease is subject to, or become subject to an offshore operating agreement
(“OQA”), and, under the terms of such OOA, Assignor forfeits their working interest (either
permanently or during a period of recoupment) for a non-participation and/or non-consent
operation, and the ORRI is determined to be a subsequently created burden under the terms of
the OOA, then the ORRI assigned herein shall be suspended until such time as such costs and/or
penalties have been recovered or such other cause for suspension is removed and such working
interest of Assignor is reinstated, at which time the ORRI shall be so reinstated. If the Lease has
been acquired through a farmout or other agreement(s) which provides for the contractual
reduction of Assignor’s working interest in the Lease upon the occurrence of some future event
(e.g. payout of a test well or the like), the ORRI assigned herein shall also be reduced at the same
time and in the same proportion as Assignor’s working interest.
Assignor, their successors and assigns shall have the right to pool, combine or unitize the
above described Lease and any portion or portions of the lands covered thereby with other land,
lease(s) or mineral interest in any manner and at any time before or after production, without the
consent or approval of the Assignees, their-heirs, or assigns. In the event the acreage covered by
the above described Lease, or any portion thereof is pooled, contractually combined or unitized
with other lands, lease(s) or mineral interest to comprise a unit (or units), Assignees' ORRI
assigned herein shall be reduced in the same proportion that the lease acreage or a portion thereof
is pooled, contractually combined or unitized. If the lease acreage or any portion thereof in any
such unit is subject to revision due to the inclusion or exclusion of acreage, or the addition or
revision of any participating areas defined in a governing unit agreement, the ORRI assigned
herein shall be either reduced or increased in the same proportion that the lease acreage or any
portion thereof pooled, contractually combined or unitized is reduced or increased.
Assignor shall never be under an obligation to Assignees, their heirs or assigns, to
maintain the above described Lease in force and effect by the payment of rentals, the drilling of
wells or otherwise; the overriding royalty herein conveyed being due and payable out of
production if and when it should be obtained by Assignor, their successors and assigns.
All provisions contained herein shall be binding on all heirs, successors and/or assigns of
Assignees and Assignor.
TO HAVE AND TO HOLD unto Assignees, their heirs and assigns, without warranty of
title, either expressed or. implied, except as to all persons claiming by, through or under
Assignor.
THIS assignment shall have an effective date of July 1,2020.
THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY
IN WITNESS WHEREOF, this instrument is executed this 28th day of July, 2020
WITNESSES ASSIGNOR:
LLOG Bluewater Holdings, L.L.C.
Secretary
ACKNOWLEDGEMENT
STATE OF LOUISIANA
PARISH OF ST. TAMMANY
§§§
On thisis ^day of Jtll
personally known, who, being by me duly sworn, did say that she is the Secretary of LLOG Bluewater Holdings, L.L.C., a Delaware limited liability company, and that the foregoing instrument was executed on behalf of said limited liability company by authority of its Members, and she also acknowledged said instrument to be the free act and deed of said limited liability company.
2020, before me appeared Kemberlia Ducote, to me
Notary Public
My Commission Expires: faty&siinslNotory PiMc - St Itanmany PnrifA
My Commteaina fcsnadl far T ift-NoteiyNa «»07
WITNESSES ASSIGNEE:
AEON Royalties, LP By: AEON GP, LLC, Its General Partner
JbjJi'Print Name:
^ ------ ---------------------------
Print Name: ' RtT***^
Printed Name: /LCtulS>
Printed Name: t/A/^r
Quit/) g. rfLazBy: David Alan Pustka Manager
. 2. 7^^
By: Nancy Ellen Sever Pustka Manager
ACKNOWLEDGEMENTSTATE OF TEXAS §
§COUNTY OF HARRIS §
On this 31 day of 2020, before me appeared Nancy Ellen SeverPustka, who, being by me duly sw<M, did say that she is the Manager of AEON GP LLC, general partner of AEON Royalties, LP, a Texas limited partnership, and that for and on behalf of the said limited liability company and said limited partnership, and as its and their act and deed, she executed the above and foregoing instrument, after first having been duly authorized by said limited partnership to do so; and that she also executed the .above and foregoing instrument in his individual capacity.
Notary Public
My Commission Expires:L M PREIDIS
:Notary Public, State of Texas
Comm. Expires 06-26-2022
Notary ID 129867090
ACKNOWLEDGEMENTSTATE OF TEXAS §
§COUNTY OF HARRIS §
On this eTl day of 2020, before me appeared David A. Pustka, who,being by me duly sworn, did say thsr he is the Manager of AEON GP LLC, general partner of AEON Royalties, LP, a Texas limited partnership, and that for and on behalf of the said limited liability company and said limited partnership, and as its and their act and deed, he executed the above and foregoing instrument, after first having been duly authorized by said limited partnership to do so; and that he also executed the above and foregoing instrument in his individual capacity.
Notary Public
My Commission Expires:
WITNESSES ASSIGNEE:
AjA/icy
ACKNOWLEDGEMENT
STATE OF TEXAS §§
COUNTY OF HARRIS .§
On this M day of TUUH 2020, before me appeared Jerome C. Tebo, to me
personally known, who, being by r$£ duly sworn, did say that he is an Individual Member of
Blue Streak Exploration, and that the foregoing instrument was executed on behalf of his authority as an Individual Member of Blue Streak Exploration, and he also acknowledged said instrument to be the free act and deed of said Individual Member of Blue Streak Exploration.
Notary Public
My Commission Expires:4^ - - - - - - - .
Nowry Public. State of Comm. Expires OS-26-
in 19AA670
L M PREIDISTexas
Expires 06-26-2022
Notary ID 129867090
WITNESSES ASSIGNEE:
ACKNOWLEDGEMENT
STATE OF TEXAS §
§COUNTY OF HARRIS §
On this fligg day of 2020, before me appeared Charles T. Yough, to me
personally known, who, being by mt duly sworn, did say that he is an Individual Member of Blue Streak Exploration, and that the foregoing instrument was executed on behalf of his authority as an Individual Member of Blue Streak Exploration, and he also acknowledged said instrument to be the free act and deed of said Individual Member of Blue Streak Exploration.
My Commission Expires:
fclafrjaa
Notary Public
EXHIBIT “A”
Attached to and made a part of that certain Assignment of Overriding Royalty Interest from
LLOG Bluewater Holdings, L.L.C. to AEON Royalties, LP et al
AEON Royalties, LP 3394 Chevy Chase Drive Houston, TX 77019
Jerome C. Tebo2015 Crystal Downs DriveKaty, TX 77450
Charles T. Yough 15507 Hillside Terrace Lane Cypress, TX 77429
0.166667% of 6/6ths
0.166667% of 6/6ths
0.166666% of 6/6ths
TOTAL 0.5% of 6/6ths
THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY
EXHIBIT “B”
Attached to and made a part of that certain Assignment of Overriding Royalty Interest from
LLOG Bluewater Holdings, L.L.C. to AEON Royalties, LP et al
Oil and Gas Lease of Submerged Lands, dated effective as of July 1, 2020 by and between the United States of America, as Lessor, and LLOG Exploration Offshore, L.L.C. et al, as Lessee, covering the S/2 and the S/2 N/2 of OCS-G 36876, Block 921, Ewing Bank, OCS Official Protraction Diagram, NH 15-12, containing 4,320.00 acres, more or less, INSOFAR AND ONLY INSOFAR as the lease covers the S/2 N/2 and further limited in depths from the surface down to and including one- hundred feet TVD (lOO’TVD) below the stratigraphic equivalent of the base of the 16500’ Sand as seen at 16,525’ TVD in the LLOG OCS-G 35295 #1 well located on Ewing Bank Block 877.
FILFD AND RECORDED, lEFFEP.SO?' PARISH, LOUISIANA 12035076 DATE 7/30/2020 i 1:00:17 AM.ION A. GEGEMHEIMER CLERK OF COURT fk RECORDER CERiTv.FIEQ TRUE COPY
PiYDfiW CB BOOK 3439
BORDERPAGE 951