Alberta Asset Purchase Offer Letter (Oil and Gas)

Make an offer to purchase a working interest in petroleum and natural gas rights on land in Alberta with this sample Asset Purchase Offer Letter.

• The assets being purchased include all wells, equipment, facilities and other associated or related interests.
• The purchaser will assume the vendor's obligations with respect to operational notices already received by the vendor.
• The offer is subject to a satisfactory title opinion.
• The offer is also subject to the purchaser's due diligence review of all files, records and deeds related to the working interest.
• The template is written for the Province of Alberta but can be easily adapted for use in other jurisdictions.

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