Form 4: Transfer of an Undivided Share In a Production Licence

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Canada Petroleum Resources Act (section 88)

BETWEEN the "Transferor(s)" and the "Transferee(s)"

  1. The Transferor(s), being the interest owner of (or the holder of an undivided share in) Production Licence No.______dated ____________________ , hereby transfers a ___________________ undivided share in this Production Licence to the Transferee(s).
  2. The Transferee(s) hereby accept(s) this transfer.
  3. This transfer is submitted for registration pursuant to section 92 of the Canada Petroleum Resources Act.
  4. The effective date of this transfer is ____________________________ .
  5. The address for service is: Executed this _____________________ day of ______________________ 20 ___.

______________
Transferor

______________
Transferee

Form 4 - Instructions

  1. Insert the full name, place of residence and occupation or, if a corporation, the full name and address of the Transferor and Transferee.
  2. If there is more than one Transferee each obtaining a specified undivided share, give details of the undivided shares in which the interest is to be held by the Transferees. If insufficient space, attach a schedule.
  3. The appropriate fees required according to section 15 of the Frontier Lands Registration Regulations must be submitted with the transfer.
  4. Insert the effective date of the transfer.
  5. Insert the address for service.
  6. The Transferor(s), Transferee(s), the share(s) they hold, the share(s) being transferred, the resulting share(s) and the detailed land description must appear on any attached schedule "A"
  7. This transfer document must be signed by all Transferors and Transferees and the date of execution must be inserted.

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