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HomeMy WebLinkAbout91154800612 RATIFICATION OF OIL AND GAS LEASE w n~ w w O O KNOW ALL MEN BY THESE PRESENTS: By Oil and Gas Lease dated the 12th day of April, 2002 (the "Hehr Lease"), Susan Hehr, formerly known as Susan Taliaferro, formerly known as Susan Taliaferro VanMatre, formerly known as Susan T. VanMatre, a married woman dealing in her sole and separate property, as lessor, leased the following described lands located in Lincoln County, Wyoming to Hanson & Strahn, Inc., as lessee, for a primary term of three years: Township 23 North, Range 113 West, 6th P.M. Section 14: Lot 3(31.02), SE1/4NW1/4, NE1/4SW1/4, WI/2NE1/4, less and except the following tracts of land: A tract of land described as follows: Beginning at a point on the southern boundary line of the NEI/4SW1/4 from whence the southwest corner of said Section 14 bears south 57°1' west 36.85 chains; thence north 89053, east, 9.95 chains; thence north 6.99 chains; thence south 52013' west, 11.45 chains to the place of beginning, containing 3.16 acres, more or less. A parcel of land 200 feet in width situate in the SW1/4NE1/4 of said Section 14, described as follows: Beginning at the 16/16 comer of said Section 14; thence south 89053, west 4.71 chains; thence north 48o33, east, 6.28 chains, thence south 4.15 chains to the 'point of beginning, containing 0.85 acres, more or less. containing 187.01 acres, more or less A Memorandum of Oil and Gas Lease dated April 12, 2002, was recorded on June 12, 2002, in Book 491PR, Page 627 of the records of Lincoln County, Wyoming. The Hehr Lease was assigned by Hanson & Strahn. Inc. to Cabot Oil & Gas Corporation by that certain Assignment of Oil and Gas Lease dated June 17, 2002, recorded on September 23, 2002, in Book 499PR, Page 856. The Hehr Lease grants to the lessee the option to extend the term of the Hehr Lease from three years to eight years by making the payment specified in the Hehr Lease by the time specified. The undersigned hereby acknowledges timely receipt of the amount necessary to extend the primary term of the Hehr Lease from three years to eight years. Hanson & Strahn, Inc., on behalf of Cabot Oil & Gas Corporation, filed an Affidavit of Lease Extension dated April 4, 2005, recorded on April 8, 2005, in Book 582, Page 717, stating that the term of the Hehr Lease, among other leases, had been extended from three years to eight years. By Release of Oil and Gas Leases dated May 3, 2005, recorded on May 13, 2005, in Book 585, Page 229, Cabot Oil & Gas Corporation released the Hehr Lease. The release of the Hehr Lease by Cabot Oil & Gas ~Corporation was unintentional and inadvertent, and the Release of Oil and Gas Leases was subsequently rescinded by that certain Rescission of Release of Oil and Gas Leases dated Julyl4, 2005, recorded on July 27, 2005, in Book 592, Page 414. The undersigned acknowledges that the execution and recording of the release of the Hehr Lease was unintentional and inadvertent. Now, therefore, for valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned does hereby ratify, adopt and confirm the Hehr Lease insofar as it covers the lands described above; does hereby lease, demise and let the lands covered by the Hehr Lease described above to Cabot Oil & Gas Corporation, and its successors and assigns, subject to and under all of the terms "00613 and provisions of the Hehr Lease, as extended: declares that the lease is in full force and effect; and declares that the primary term of the Hehr Lease has been extended from three years to eight years. IN WITNESS WHEREOF, the undersigned has executed this instrument this c-~&]tl/~ day of August, 2005. Susan Hehr, formerly know as Susan Taliaferro, formerly known as Susan Taliaferro VanMatre, formerly known as Susan T. VanMatre STATE OF (~~~ ) ) ss. COUNTY OF _,~l)'4~0~q~_~ ) BEFORE ME, the undersigned, a Notary Public, in and for said County and State, on this day of August, 2005, personally appeared Susan Hehr, to me known to be the identical person, described in and who executed the within and foregoing instrument of writing and acknowledged to me that she duly executed the same as her free and voluntary act and deed for the uses and purposes therein set forth. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal the day and year last above written. Nbtar~ Pul~J~c "