Alberta Offer to Purchase Interest in Crown Leases

Prepare an Offer to Purchase an Interest in Crown Leases with this template for the Province of Alberta.

Key points of the offer include (among others):

• amount and allocation of purchase price between petroleum and natural gas rights, tangibles, and miscellaneous interests,
• optional interest clauses included,
• if accepted, the offeror will prepare a formal purchase and sale agreement,
• offer is subject to the offeror performing a satisfactory due diligence review of all books, files, records, and contracts,
• the transaction is subject to the offeror receiving all necessary regulatory approvals,
• the offer is conditional upon offeror conducting a satisfactory environmental audit,
• the transaction is subject to the vendor being satisfied that Alberta Energy will approve the transfer.

This Alberta Offer to Purchase Interest in Crown Leases is available as a MS Word template and is fully customizable.