Document:

Assignment to Trustee

 Exhibit 10.118 
  
 ASSIGNMENT TO TRUSTEE OF OIL AND GAS PRODUCTION 
  

					
	THE STATE OF TEXAS	  	§	  	 
	 	  	 	  	KNOW ALL MEN BY THESE PRESENTS:
	COUNTY OF RUSK	  	§	  	 

  
 That, GUY MORRISON,
JR., ROBERT OSRIE MORRISON and ANDY MORRISON, whose mailing address is P.O.Box 421, Selman City. Texas 75689, herein called “Grantor”, for good and valuable consideration paid by (the Grantee herein named, and in furtherance of the
provisions of a Deed of Trust which has this day been executed, by these presents, GRANT, CONVEY and TRANSFER unto O. DEAN BINGHAM, TRUSTEE, for the benefit of Grantor, and to its successors and substitutes in trust, all of Grantor’s
right, title and interest in and to the oil, gas and mineral fee and leasehold estates presently owned, held, or claimed by Grantor and produced under the terms of the oil and gas leases, or otherwise, and/or covering the lands described and
identified in Exhibit “A” attached hereto and made a part hereof. 
  
 When Trustee, or his successors in trust shall have received from the assigned interest a sufficient sum of money to pay and discharge a promissory note in the principal sum of NINETY FIVE THOUSAND AND NO/100
DOLLARS ($95,000.00) together with interest thereon, and in accordance with its terms and effect, this day executed by Grantor, payable to CITIZENS BANK, KILGORE, P. 0. Box 1700, Kilgore, Gregg County, Texas 75663, and any
additional sums due in connection with the making of such loan and such note, the said interest above described shall immediately revert to Grantor, its heirs and assigns. Trustee agrees to execute, at Grantor’s expense, an instrument in
recordable form, evidencing the termination of this production payment when the same has been fully discharged. Until released, however, any pipeline company or purchaser of production dealing with Grantor, or any successor in interest, shall be
entitled to assume that this production payment has not been liquidated. 
  
 This production payment shall be effective as of 7:00 a.m., May 1, 2001, and all oil and gas runs after said time shall conform thereto. 
  
 The terms hereof shall extend to and be binding upon the parties hereto, their heirs, legal representatives and assigns.

  
 EXECUTED on this 2nd day of May, 2001. 
  

	
	
	 /s/ Guy Morrison, Jr.

	GUY MORRISON, JR.
	
	 /s/ Robert Osrie Morrison

	ROBERT OSRIE MORRISON
	
	 /s/ Andy Morrison

	ANDY MORRISON

  

 EXHIBIT “A” 
 ATTACHED TO AND MADE A PART OF THAT CERTAIN 
 ASSIGNMENT TO TRUSTEE OF OIL AND GAS PRODUCTION

 DATED MAY 2, 2001 
 FROM GUY MORRISON, JR., ROBERT OSRIE MORRISON and ANDY MORRISON 
 TO O. DEAN BINGHAM, TRUSTEE FOR CITIZENS BANK

  
 All of Mortgagor’s right, title and interest in and
to the following oil, gas and mineral leases, to-wit: 
  
 Rusk County, TEXAS 
  
 D.M. Peterson

  
 Being a 40 acre tract out of the West side of the Dan
Peterson tract, located in the Issac Ruddle Survey, Rusk County, Texas, as shown by Deed recorded in Vol. 30, Page 164, of the Deed Records of Rusk County, Texas. 
  
 BEGINNING at the SWC of the Rosa Griffin 15 acre tract, being the NWC of this tract, a stake in branch for corner, witnessed
by sweet gum N 6 Ft Pine N 62 E 20 ft; 
  
 THENCE N 61 deg. 46
min. E with S L of the I5 acre tract 1006 ft. to stake the NEC of this tract in the S L of the E.M. Jones 10 acre lease; 
  
 THENCE South 33 deg. 29 min. E 2320 ft. with the WBL of unleased portion of said Dan Peterson tract to a stake the SEC of this tract; 
  
 THENCE South 77 deg. 40 min. W with the N L of the Ben Laird tract 379.3 ft.
a stake to the SEC of the E.M. Jones 10 acre lease; 
  
 THENCE
North 34 deg. 20 W 685.4, with the E L of the Jones lease to a stake the NEC of he Jones lease; 
  
 THENCE South 77 deg. 40 min. W 685.4’ with the N L of Jones lease to a stake the NWC of the Jones lease; 
  
 THENCE North 33 deg. 29 in. W 1345.4’ with the W L of the J.N. Peterson
tract as shown by deed recorded in Vol.         , Page         , of the deed records of Rusk County, Texas, to the place of beginning, containing 40 acres
of land. 
  
 SCHEDULE OF LEASES 
  

			
	DATE:	  	1/13/31
	LESSOR :	  	Mattie E. Peterson et al
	LESSEE :	  	Jake L. Haman et al

  
 J. N. Peterson
Lease 
  
 Oil and Gas Lease dated October 20, 1930 from J. N. Peterson,
Lessor to R. A. Stuart, Lessee, recorded in Volume 163, Page 12 of the Deed Records of Rusk County, Texas, INSOFAR as it covers the East 20 acres of the North 40 acres, of the 108 acre tract, Isaac Ruddle Survey, Rusk County, Texas. 
  
 George Thompson 
  
 An undivided 100% interest in that parcel of land described in Oil and Gas Lease dated
September 12,1930 executed by George Thompson, et al, Lessor, to S.P. Ross, et al, Lessee covering lands situated in Rusk County, Texas described as: 
  
 “East 10 acres of the West 40 acres of a tract of land described as follows: 
  

Being about 16 miles N.W. of Henderson, Texas, and being parts of the Robert Winn and M. Hobson Surveys. more fully described as follows:Assignment of Oil and Gas Leases

 Exhibit 10.119 
  
 ASSIGNMENT OF OIL & GAS LEASES 
 AND BILL OF SALE 
  

					
	 STATE OF TEXAS
	 	(	  	 
	 	 	 	  	 KNOW ALL MEN BY THESE PRESENTS:

	 COUNTY OF RUSK
	 	 (
	  	 

  
 FOR AND IN
consideration of the sum of Ten ($10.00) Dollars and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, ANDY MORRISON, whose mailing address is P. O. Box 187, Selman City, Texas 75689-0187,
(hereinafter referred to as “ASSIGNOR”), does hereby BARGAIN, SELL, TRANSFER, ASSIGN and CONVEY unto David Stanley James whose mailing address is Box 234 New London, Texas 75682, (hereinafter referred to as “ASSIGNEE”) all of his
right, title and interest (being 100% working interest and 87.5% net revenue interest), in and to those certain oil, gas and mineral leases, described in Exhibit “A”, attached hereto and made a part hereof for all purposes, and a like
interest in and to all wells, well bores, personal property and/or well equipment thereon or therein, and all appurtenances thereto or used in connection therewith. 
  
 Prior to 06/23/03 This Assignment and Bill of Sale is subject to all Assignments, terms, covenants, reservations,
agreements, obligations and/or conditions as set forth in all instruments of record in the Official Public Records of Rusk County, Texas, as of this effective date, and which concern the Oil, Gas and Mineral Leases herein described. 
  
 ASSIGNEE hereby agrees to comply with all of the provisions contained within
the Oil, Gas and Mineral Lease herein described, and the laws and regulations of any governing agency governing the operation of any oil and/or gas wells located on this property, and in the State of Texas, including plugging and abandonment of
wells and restoration of the surface. 
  
 Prior to 06/23/03 THIS
ASSIGNMENT IS MADE WITHOUT WARRANTY, EXPRESSED OR IMPLIED, WITH RESPECT TO THE MERCHANTABILITY, FITNESS OR SUITABILITY OF ANY ASSIGNED WELLS AND APPURTENANCES, OR OF ANY OTHER PERSONAL PROPERTY, FIXTURES AND/OR EQUIPMENT TRANSFERRED OR ASSIGNED
HEREIN. 
  
 Prior to 06/23/03 This Assignment and Bill of Sale is
further made without warranty of title, expressed or implied, as to the Oil, Gas and Mineral Leases, except by, through and under Assignor, but not otherwise. 
  

Prior to 06/23/03 This Assignment and Bill of Sale shall inure to the benefit of and be binding upon the parties hereto, their respective heirs,
successors and assigns. 
  

 Page 2 
 Andy Morrison,
Assignor, and 
 Assignee David S. James 
  
 IN WITNESS WHEREOF, this instrument is executed on the date shown on the acknowledgements below, but is effective as of the 1st day of June, 2003, at 12:00 a.m. local time, regardless of the date of execution. 
  

	
	ASSIGNOR:
	
	/s/ Andy Morrison
	Andy Morrison
	
	ASSIGNEE:
	
	/s/ David S. James
	 

  

					
	 STATE OF TEXAS
	 	(	  	 
	 COUNTY OF RUSK
	 	 (
	  	 

  
 The foregoing
instrument was acknowledged before me on this 23 day of June, 2003, by ANDY MORRISON. 
  

	
	
	 /s/ Barbara McKenna

	Notary Public - Statewide

  

					
	 STATE OF TEXAS
	 	(	  	 
	 COUNTY OF _______
	 	 (
	  	 

  
 The foregoing
instrument was acknowledged before me on this 23rd day of June, 2003,
by______________________________________________, in the capacity herein stated. 
  

	
	
	 /s/ Barbara McKenna

	Notary Public - StatewideAssignment and Bill of Sale

 Exhibit 10.120 
  
 ASSIGNMENT, BILL OF SALE AND CONVEYANCE 
  

					
	STATE OF TEXAS	  	§	  	 
	 	  	 	  	KNOW ALL MEN BY THESE PRESENTS:
	COUNTY OF RUSK	  	§	  	 

  
 This Assignment, Bill
of Sale and Conveyance (this “Assignment”) is executed and delivered by MAXIMA ENERGY CORPORATION and RODNEY LEE WILLIAMS, whose address is P.O. Box 531, Kilgore, Texas 75662 (“Assignor”), to
ANDY MORRISON, whose mailing addresses are P.O. Box 421, Selman City, Texas 75689 (“Assignee”, whether one or more). 
  
 Assignor, for good and valuable considerations, the receipt and sufficiency of which are hereby acknowledged and confessed, does by these presents, but
subject to the exceptions, reservations and limitations herein set forth, grant, bargain, sell, convey, assign, transfer, set over and deliver unto Assignee all of the undivided interest of Assignor in and to the assets and properties set forth in
Exhibit “A” attached hereto (the “Properties”), other than the Excluded Assets (as hereinafter defined), including the following, to-wit: 
  
 A. Oil and Gas Properties. The oil, gas and mineral leases and other operating rights and interests described in Exhibit “a: (the
“Leases”) insofar as they cover the lands (the “Lands”) described or referenced in the Leases or Exhibit “A”, together with all of Assignor’s undivided interests in (i) all rights, privileges, benefits and powers
conferred upon the holder of the Leases with respect to the use and occupation of the surface of the lands that may be necessary, convenient or incidental to the possession and enjoyment of the Leases, (ii) all rights in respect of any pooled or
united acreage located in whole or in part within the Lands by virtue of the Leases, including rights to production from the pool or unit allocated to any Lease being a part thereof, regardless of whether such production is from the Lands, (iii) all
rights, options, titles and interests of Assignor granting Assignor, the right to obtain, or otherwise earn interests within the Lands no matter how earned, (iv) all tenements, hereditaments and appurtenances belonging to any of the foregoing, and
(v) any and all mineral fee interests, mineral servitudes, royalty interests, overriding royalty interests, production payments, net profits interests and all other interests of every kind and character in and to the Leases and the Lands (the
“Oil and Gas Properties”). 
  
 B. Wells.
All oil, condensate or natural gas wells located on the Oil and Gas Properties, whether producing, operating, shut-in, temporarily abandoned, abandoned, standing or otherwise, including, without limitation, the wells listed on Exhibit “A”.

  
 C. Severed Substances. All severed crude oil,
natural gas, cashinghead gas, drip gasoline, natural gasoline, petroleum, natural gas liquids, condensate, products, liquids and other hydrocarbons and other minerals or materials of every kind and description produced from the Oil and Gas
Properties and either (a) in storage tanks on the Effective Date, or (b) sold on or after the Effective Date (the “Substances”).

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