Alberta Assignment and Novation Agreement for Partial Oil & Gas Interest

Prepare an Assignment and Novation Agreement for Partial Oil & Gas Interest with this template form for oil and gas properties in Alberta.

• One party (assignor) assigns a portion of its rights and interest in certain oil and gas properties to another party (assignee).
• The assignor novates the assignee as a party to the original agreement under which the assignor acquired its interest.
• All other parties to the original agreement waive their pre-emptive rights.

This Alberta Assignment and Novation Agreement for Partial Oil & Gas Interest is available in MS Word format.