assignment and bill of sale for value received, firecreek petroleum, inc., a wholly - owned subsidiary of egpi firecreek, inc. ( “ assignor ” ), hereby assigns, transfers, sets over, and grants unto newport oil corporation a / k / a newport oil, inc. ( “ assignee ” ) a 50 - percent undivided interest in and to the following : ( a ) the estates and mineral rights created by the oil and gas leases ( the “ leases ” ) described on exhibit “ a ” attached to this assignment and bill of sale ( the “ assignment ” ), insofar and only insofar as the leases cover and relate to the real estate described on exhibit “ a ” ( the “ lands ” ), subject to any royalties, overriding royalties, production payments, or other similar interests burdening the leases ; ( b ) all oil, gas, water disposal, and other wells ( whether producing or non - producing ) ( the “ wells ” ), located on the lands or on lands pooled with the lands, together with all of assignor ’ s interest in fixtures, personal property ( including pits and ponds ), facilities, and equipment, used or held for use or charged to the leases, lands, or wells, for the production, treatment, sale, or disposal of hydrocarbons or water ; ( c ) the oil, natural gas, liquids, or condensate inventory, including “ line fill ” and inventory below the pipeline connection in tanks as of 7 : 00 a. m., boston, massachusetts time, as of the effective date of this assignment. assignee expressly agrees to timely provide all production records to assignor in this regard ; ( d ) all of assignor ’ s rights in, to, and under the obligations arising from, all agreements relating to the leases, lands, or wells, including, but not limited to, joint operating agreements, unitization agreements, pooling agreements, farmout agreements, drilling agreements, exploration agreements, oil or gas product purchase and sale contracts, gas processing or transportation agreements, leases, permits, rights - of - way, easements, licenses, options, orders, and decisions of state and federal regulatory authorities establishing units ; and ( e ) all of assignor ’ s rights to and interest in a lawsuit currently pending in the third judicial district court of sweetwater county, wyoming, cause number civil c - 07 - 82