EX1A-10 PWR ATTY 26 ex10-10.htm

 

Assignment

 

THIS ASSIGNMENT, made and entered into this 10th day of May 2018 by and between Soligen Technologies, Inc. whose address is Pennzoil Plza. Bldg., Suite 1300, 700 Milam St., Houston, TX 77002, hereinafter referred to as Assignor, and US Natural Gas Corp KY whose address is 244 2nd Ave N., Suite 9, St. Petersburg, FL 33701 hereinafter referred to as Assignee.

 

WITNESSETH, that for and in consideration of the sum of One Dollar ($1.00) and other good and valuable considerations, all of which is hereby acknowledged, Assignor does by these presents assign, convey, transfer, and set over unto Assignee a thirty percent (30%) royalty of the gross proceeds of production from the acquired assets shown on Exhibit A. In addition, Assignee shall receive ten percent (10%) of the monthly gross proceeds of production from any new drilled wells on the acquired leases shown on Exhibit A. Assignee shall receive payments from production until such time that Assignee has received a total of One Hundred Forty Thousand and no/100 Dollars ($140,000.00). At that time, the Assignee shall receive no additional royalty payments.

 

IN WITNESS WHEREOF, the Assignor has executed this assignment on the day and year first above written.

 

  SOLIGEN TECHNOLOGIES, INC.
   
    /s/ Gary Grimshaw
  By: Gary Grimshaw
  Title: President

 

STATE OF FLORIDA

COUNTY OF ______________

 

On the _______ day of _________, 2018 before me personally appeared Gary Grimshaw, who executed the foregoing instrument, and acknowledged that he executed the same as his free act and deed for the purposes therein contained.

 

WITNESS my hand and seal this ______ day of _________, 2018.

 

     
    Notary Public

 

My Commission expires______________________

 

 
 

 

  US NATURAL GAS CORP KY
     
    /s/ Wayne Anderson
  By: Wayne Anderson
  Title: President of Managing Member

 

STATE OF Florida

COUNTY OF Pinellas

 

On the _______ day of _________, 2018 before me personally appeared Jimmy Wayne Anderson, who executed the foregoing instrument, and acknowledged that he executed the same as his free act and deed for the purposes therein contained.

 

WITNESS my hand and seal this ______ day of _________, 2018.

 

     
    Notary Public

 

My Commission expires______________________

 

THIS INSTRUMENT PREPARED BY:

US Natural Gas Corp KY

244 2nd Ave N., Suite 9

St. Petersburg, FL 33701

 

By: /s/ Wayne Anderson  

 

 
 

 

EXHIBIT A

 

WHITLEY COUNTY, KENTUCKY WELLS
WELL NAME   TOTAL DEPTH (a)   STATUS (b)   PRODUCT (c)
HOBERT WHITE #1   1303   SI   NG
MILTON HARMON #1   1758   SI   NG

 

SOUTH CENTRAL KENTUCKY OIL WELLS
WELL NAME   COUNTY   TOTAL DEPTH (a)   STATUS (b)   PRODUCT (c)
JAMES BRUMMETT #1   ADAIR   1562   SI   O
JAMES BRUMMETT #2   ADAIR   1439   SI   O
JASON CAMFIELD #1   ADAIR   750   SI   O
J.C. LASLEY #1   ADAIR   1620   SI   O
J.C. LASLEY #1A   ADAIR   1565   SI   O
J.C. LASLEY #2   ADAIR   1574   SI   O
J.C. LASLEY #5   ADAIR   1657   SI   O
COLBY SMITH #1   ADAIR   1680   SI   O
D&M FARMS #1   HART   2250   SI   O
RANDY HATCHER #1   ADAIR   1574   SI   O
TROY ISOM #1   MORGAN   1705   SI   NG

 

(a) - Total Depth as per completion report
(b) - Status
  i) PR - In Production
  ii) PL - Plugged
  iii) SI - Shut-In
(c) - Product
  i) O - Oil production
  ii) NG - Natural Gas production
  iii) O/NG - Both Oil & Natural Gas production