July 22 (Reuters) - Emerald Resources NL EMR.AX :
* Kentucky energy partners has entered into an assignment of oil and gas leases with slone energy
* Says emerald to earn royalty interest from oil and gas leases
* Emr will receive quarterly reports from slone energy setting out the product recovered and sold and the royalty payable for period
* Kep has assigned various oil and gas interests for nominal consideration in return for emr retaining a 5% overriding royalty interest in all gas production from leases
* Source text for Eikon ID:nASX7XSmPv