Notice

The State of Texas Ss Ss Ss Know All Men by These Presents: Ss County of Lynn Ss Ss

by Energy & Exploration Partners, Inc.
October 17th, 2012

Exhibit 10.18

NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER’S LICENSE NUMBER.

ASSIGNMENT OF OVERRIDING ROYALTY

(Multiple Assignees)

 

THE STATE OF TEXAS   §   
  §   
  §    KNOW ALL MEN BY THESE PRESENTS:
  §   
COUNTY OF LYNN   §   
  §   

Energy & Exploration Partners, LLC whose address is P.O. Box 471428, Fort Worth, Texas 76147-1376, hereinafter called “Assignor”, for and inconsideration of the sum of TEN DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by Assignor, does by these presents, GRANT, ASSIGN, TRANSFER and CONVEY unto the parties set forth below, hereinafter called the “Assignees”:

KSJR, LLC, a Texas limited liability company whose address is P.O. Box 68, Kenny, Texas 77452;

Karpman Enterprises, LP, a Texas limited partnership whose address is 2721 Manorwood Trail, Fort Worth, Texas 76109;

CDA Energy, LLC, a Texas limited liability company whose address is 1926 Stafford Rd., Grapevine, Texas 76015;

DLP Resources, LLC, a Texas limited liability company whose address is 3121 Sweetbriar Lane, Fort Worth, Texas 76109;

Alpine Ventures International, LLC, a Texas limited liability company whose address is 4654 Trevor Trail, Grapevine, Texas 76051;

Pettit 2012 Children’s Trust whose address is 2821 Lenox, Fort Worth, Texas 76107;

BHP Consulting LP, a Texas limited partnership whose address is 3821 Lenox, Fort Worth, Texas 76107; and


Brian Corbett Nelson, an individual, whose address is 3090 Bellaire Ranch Dr., Apt. 422, Fort Worth, Texas 76109;

Tom D. McNutt, an individual, whose address is 2000 Bremen St., Austin, 78703;

Charlotte Brandenburg, an individual, whose address is 5324 Big Bend Dr., Fort Worth, Texas 76137;

Carey Hewitt, an individual, whose address is 4509 Ramsgate Ct., Arlington 76013.

an overriding royalty interest (the “Overriding Royalty”), as described in Exhibit “A” attached hereto and made a part hereof for all purposes, in all oil, gas and other hydrocarbons produced, save and sold under the terms of the Oil and Gas Leases described in Exhibit “A” (the “Lease(s)”) covering the lands described therein located in Lynn County, Texas.

The assignment of Overriding Royalty made herein is subject to the following terms, conditions and provisions:

 

  1. For the purposes of calculating royalty payments, expenses and deductions, the Overriding Royalty shall be subject to the exact terms, conditions and provisions as those found in the Leases, on a lease by lease basis. In other words, should the underlying or referenced lease provide for cost free royalty then the Overriding Royalty shall also be free and clear of all cost and expenses of exploration, production, transportation and marketing, but shall bear its proportionate share of all gross production, severance, ad valorem and similar taxes. However, should the underlying referenced lease, on a lease by lease basis, be subject to deductions for transportation, dehydration and marketing then the Overriding Royalty shall also be subject to the same deductions and proportionate share of all gross production, severance, ad valorem and similar taxes.

 

  2. If any of the Leases cover less than the full (100% of 8/8ths) interest in oil, gas and other minerals in all or any part of the lands and depths described therein, the Overriding Royalty shall be proportionately reduced and paid to Assignee in the proportion that the interest covered by said Lease bears to the entire mineral estate;

 

  3. Assignor may, without the joinder of Assignee, pool and combine Assignee’s Overriding Royalty with other leases and lands in compliance with terms and conditions of the Leases.

 

  4. The Overriding Royalty shall attach to any extension or renewals of the Leases and shall be calculated and paid in the same manner as the original reservation set forth herein. Any lease acquired by Assignor, or its successors or assigns, within one (1) year of the termination of the Leases shall be deemed an extension or renewal lease for the purposes of this provision insofar as the renewal or extension lease covers acreage transferred hereunder.


TO HAVE AND TO HOLD the above described overriding royalty, together with all and singular the rights and appurtenances thereunto in anywise belonging unto Assignee, its successors and assigns forever; and Assignor does by these presents bind itself and its successors and assigns to warrant and forever defend all and singular, the Leases unto Assignee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through or under Assignor, but not otherwise.

[Signature page follows.]


IN WITNESS WHEREOF, the parties have executed this instrument as of the dates set forth in the acknowledgement certificates below, but it is effective as of the date of each Lease.

 

ASSIGNOR
ENERGY & EXPLORATION PARTNERS, LLC, a Delaware limited liability company
By:   

/s/ Hunt Pettit

 

Hunt Pettit, President

~ACKNOWLEDGEMENT~

STATE OF TEXAS

COUNTY OF TARRANT

The foregoing instrument was acknowledged before me on this 20 of August, 2012 by Hunt Pettit, President of Energy & Exploration Partners, LLC, a Delaware limited liability company, on behalf of said company.

[SEAL]

     

/s/ Carey C. Hewitt

     

Notary Public in and for the State of Texas

[Remainder of page intentionally left blank]


EXHIBIT A

 

                             ASSIGNEE ORRI (2)  

LESSOR

  LESSEE (1)     LEASE
DATE
    VOLUME     PAGE     ALPINE     CDA     KARPMAN     DLP     PETTIT     BHP     BRANDENBURG     HEWITT     BCN     KSJR     TDM  

Tom and Janice Hoskins

    ENEXP        3/7/2011        407        618        0.2000     0.2000     0.3000     0.3000     1.0000     1.2000     0.1000     0.1000     0.2000     0.2000     0.2000

Luke Speckman and Caress Inman

    ENEXP        4/4/2011        409        622        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Dell and Susan Cannon

    ENEXP        4/19/2011        407        680        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Edwards - Sleeper-Harris Land Company

    ENEXP        6/6/2011        407        677        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Duward D. Hancock, aka Donald D. Hancock aka D.D. Hancock, and wife Joyce Hancock, aka Wanda Joyce Hancock

    ENEXP        6/9/2011        412        121        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Dahlen K. Hancock and wife, Jody E. Hancock

    ENEXP        6/9/2011        412        125        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Gid R. Moore, dealing in his sole and separate property

    ENEXP        6/9/2011        412        129        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Ruby Lee Moore, aka Lee More, aka Ruby Lee Hancock, dealing in her sole and separate property

    ENEXP        6/9/2011        412        131        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Durward D. Hancock, aka Donald D. Hancock aka D.D. Hancock, dealing in his sole and separate property, joined pro forma by his wife, Joyce Hancock, aka Wanda Joyce Hancock, Lessor(s)

    ENEXP        6/9/2011        412        123        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Lit H. Moore, aka L. H. Moore, aka L.H. Moore, Jr., and wife, Ruby Lee Moore, aka Lee Moore

    ENEXP        6/9/2011        412        127        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

 

1


EXHIBIT A

 

 

LESSOR

  LESSEE (1)     LEASE
DATE
    VOLUME     PAGE     ALPINE     CDA     KARPMAN     DLP     PETTIT     BHP     BRANDENBURG     HEWITT     BCN     KSJR     TDM  

Alan Mitchell West and Amy Leanne West

    ENEXP        5/26/2011        407 & 411        626 & 95        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Laura L. Harris

    ENEXP        6/13/2011        408        601        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Kimberly Ann Groux

    ENEXP        6/13/2011        408        842        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

W. Page Harris III

    ENEXP        6/13/2011        408        603        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Muriel Joy Smith

    ENEXP        5/13/2011        410        901        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Charles A. Smith

    ENEXP        5/13/2011        410        65        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Shirley A. Smith

    ENEXP        5/13/2011        410        61        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Daniel Taylor and Linda Taylor

    ENEXP        5/13/2011        412        119        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Beulah Faye Nieman Trust, Charles A. Smith Trustee, UWO Charles Clyde Smith, deceased

    ENEXP        5/13/2011        410        63        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Yvonne Nettles McClung

    ENEXP        6/21/2011        414        794        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

The Briley By-Pass Trust, Margaret Elizabeth Wills Briley, Trustee

    ENEXP        6/30/2011        413        592        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Kay Halamicek Lewis

    ENEXP        6/30/2011        410        53        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Lynn Carl Halamicek

    ENEXP        6/30/2011        410        57        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

Raye Halamicek

    ENEXP        6/30/2011        410        59        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

David Kinsey

    ENEXP        6/30/2011        410        55        0.0800     0.0800     0.1200     0.1200     0.4000     0.4800     0.0400     0.0400     0.0800     0.0800     0.0800

 

2


EXHIBIT A

 

 

LESSOR

  LESSEE (1)     LEASE
DATE
    VOLUME     PAGE     ALPINE     CDA     KARPMAN     DLP     PETTIT     BHP     BRANDENBURG     HEWITT     BCN     KSJR     TDM  

Wayland Baptist University

    ENEXP        6/27/2012        424        459        0.2000     0.2000     0.3000     0.3000     1.0000     1.2000     0.1000     0.1000     0.2000     0.2000     0.2000

Buckner Foundation, fromerly known as Buckner International

    ENEXP        6/26/2012        424        65        0.1000     0.1000     0.1500     0.1500     0.5000     0.6000     0.0500     0.0500     0.1000     0.1000     0.1000

Janet Collier Oldham and Cecil Dwight Oldham, husband and wife

    ENEXP        5/15/2009        422        678        0.2000     0.2000     0.3000     0.3000     1.0000     1.2000     0.1000     0.1000     0.2000     0.2000     0.2000

Jack Collier and Jerelyn Collier, husband and wife

    ENEXP        5/15/2009        422        676        0.2000     0.2000     0.3000     0.3000     1.0000     1.2000     0.1000     0.1000     0.2000     0.2000     0.2000

Ann King Spilger

    ENEXP        6/15/2012        424        461        0.2000     0.2000     0.3000     0.3000     1.0000     1.2000     0.1000     0.1000     0.2000     0.2000     0.2000

 

3