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HomeMy WebLinkAbout911550' 006!6 RATIFICATION OF OIL AND GAS LEASE ~ ~wZ KNOW ALL MEN BY THESE PRESENTS: By Oil and Gas Lease dated the 12th day of April, 2002 (the "Lewis Lease"), Helen Marie Lewis, a single woman, 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, W1/2NE1/4, 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 NE1/4SW1/4 from whence the southwest corner of said Section 14 bears south 57°1, west 36.85 chains; thence north 89°53' east, 9.95 chains; thence north 6.99 chains; thence south 52o13, 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 corner of said Section 14; thence south 89°53' west 4.71 chains; thence north 48°33' 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 491 PR, Page 623 of the records of Lincoln County, Wyoming. The Lewis 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 862. The Lewis Lease g~ants to the lessee the option to extend the term of the Lewis Lease from three years to eight years by making the payment specified in the Lewis Lease by the time specified. The undersigned hereby acknowledges timely receipt of the amount necessary to extend the primary term of the Lewis 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 Lewis 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 Lewis Lease. The release of the Lewis 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 Lewis 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 Lewis Lease insofar as it covers the lands described above; does hereby lease, demise and let the lands covered by the Lewis Lease described above to Cabot Oil & Gas Corporation, and its successors and assigns, subject to and under all of the terms and provisions of the Lewis Lease, as extended: declares that the lease is in full force and effect; and declares that the primary term of the Lewis Lease has been extended from three yea~s to eight years. IN WITNESS WHEREOF, the undersigned has executed this instrument this. H~len~iV~ar ie Lewis 006 7 day of STATE OF ~ 0CX~V ~ 0,._ ) ) ss. COUNTY OF \ 0XXJ~% ¢ ©\ CCX-~ ) BEFORE ME, the undersigned, a Notary Public, in and for said County and State, on this 1~' day of August, 2005, personally appeared Helen Marie Lewis, 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 last above written. Notary Public KELLY BAILEY NOTARY PUBLIC for the State of Montana Residing at Helena, Montana -, My Commission Expires July 6, 2009