HomeMy WebLinkAbout913532
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ACCESS ROAD; DRILL SITE: AND SUBSURFACE AGREEMENT
THIS AGREEMENT is made and entered into, effective as of the
1st day of July, 2005, by and between Bell Butte Grazing
Partnership, A Wyoming Limited Partnership whose address is c/o
'Èdward M. Bown, 1015 East 3900 South, Salt LakelGity, 1]tah 84124-
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1110 (hereinafter referred to as "BELL BUTTE-'~~~:~~? Fairways
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Offshore Exploration, Inc., a Texas Corporat·ion£q1f~1.i,~ied to do
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business in the State of Wyoming, whose address is 1343b Northwest
Freeway, Suite 800, Houston, Texas 77040, (hereinafter referred to
as "Fairways").
WIT N ESE T H:
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THAT WHEREAS, Bell Butte is the owner of the s~:çface and
subsurface of the lands in the NW1/4 and NW1/4NE1/4 of Section 17,
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Township 19 North, Range 119 West, 6th P. M. ,
Lincoln County,
Wyoming; and
WHEREAS, a portion of said lands are required by Fairways in
connection with its subsurface oil and gas drilling and producing
operations involving the Federal 1-8 Well with a surface location
located in the NW1/4 and NW1/4NE1/4 of said Section 17, Township 19
North, Range 119 West, 6th P.M., Lincoln County, Wyoming.
RECEIVED 11/8/2005 at 12:10 PM
RECEIVING # 913532
BOOK: 604 PAGE: 59
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
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WHEREAS, Bell Butte and Fairways desire to enter into this
Agreement, in accordance with the terms and conditions hereinafter
set forth.
NOW, THEREFORE, in consideration of the Premises, and the sum
of Ten Dollars ($10.00), and more, cash, to be paid to Bell Butte
by Fairways, concurrently herewith, and in consideration of Bell
Butte entering into this Agreement with Fairways, and at Fairways
request, and in consideration of Fairways covenant and agreement
with Bell Butte to keep and perform all of the covenants and
agreements on Fairways part to be kept and performed in accordance
with the terms and conditions of this Agreement as herein set
forth, the parties hereto covenant and agree, as follows, to-wit:
1. Bell Butte hereby grants to Fairways: (a) an nonexclusive
right to construct and utilize a certain access road 50 feet wide
and 2,995.05 feet or 181.519 rods in length; (b) an nonexclusive
right to construct and utilize a certain escape road 50 feet wide
and 1,415.53 feet or 85.790 rods in length; (c) an exclusive right
to construct and use a drill site location including one Well pad,
not to exceed 4.8 acres in size and area; and (d) an exclusive
right to drill one subsurface bore hole commencing at said drill
site location and continuing in a vertical direction 15,000
subsurface feet or 909.09 rods, more or less, in depth to a bottom
hole location, and then continuing in a northwesterly direction,
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within a 100 foot wide tolerance 50 feet on each side of the bore
hole center line below the surface, 1,104.06 feet or 66.913 rods,
more or less, in length, to a point where said bore hole reaches a
point below the surface on the North boundary line of said Section
17, and enters into Section 8,also in said Township 19 North, Range
119 West, 6th P.M.¡ which roads, well site and subsurface bore hole
are located on the NWl/4 and NWl/4NEl/4 of said Section 17 and are
particularly identified, described and shown on Exhibits "A" thru
"E", annexed hereto and by this reference specifically made a part
hereof and hereinafter collectively sometimes referred to as the
"Premises".
Said Premises are to be used by Fairways solely and only in
connection with Fairways's subsurface oil and gas drilling and
producing operations involving the said Federal 1-8 Well, and one
substitute or sidetrack therefor, located in said NWl/4 and
NWl/4NEl/4 of said Section 17, to reach one bottom hole location in
the SWl/4 of Section 8, all in said Township 19 North, Range 119
West, Lincoln County, Wyoming, and for no other use or purpose
whatsoever without the written consent of Bell Butte being first
had and obtained.
2. Fairways will concurrently herewith pay to Bell Butte the
sum of $26,219.61, for the use of said roads, drill site and bore
hole which sum has been accepted and acknowledged by Bell Butte as
full payment for the use of said Premises identified and described
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in said Exhibits "A" thru "E" through the 30th day of June, 2006,
such date constituting for the purposes hereof the last day of the
first renewal license year of this Agreement.
3. This Agreement shall remain in full force and effect
through June 30, 2006, and through all succeeding renewal license
years to which this Agreement is extended. A renewal license year
hereunder (hereafter "renewal year") shall be the twelve-month
period from July 1, through June 30, of the following year.
As rental for said Premises for each renewal year of this
Agreement, Fairways shall pay to Bell Butte by check, at its
address above set forth, or at such other address as Bell Butte may
designate by written notice to Fairways, in advance, and on or
before the 1st of July, 2006, and on or before the 1st day of July
of each renewal year thereafter, the total sum of $13,109.81 for
the use of said premises as identified and shown on said Exhibits
"A" thru "E", annexed hereto, but to be adjusted according to the
following formula; provided, however, that in no event shall the
total annual rental for any given renewal year be reduced below the
total annual rental owing and paid for the immediate preceding
renewal year:
Ra = $13,109.81 x Ia
Ib
where
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Ra: above set forth is the total annual rental payment
due on or before July 1, 2006, and on or before each July
1, thereafter to be used in determining the amount
required to renew this Agreement for the next succeeding
renewal year under this Paragraph 3;
Ia is the Consumer Price Index - All Urban Consumers,
U.s. City Average, All Items (1982 - 84 Base = 100)
published by the U.s. Department of Labor, for the month
of April immediately preceding the first day of July of
the applicable renewal year of adjustment.
Ib: is the consumer price index (as defined above) for
the month of July, 2005.
In addition, each total annual rental payment for said
Premises paid to Bell Butte by Fairways hereunder shall also be
properly identified by reference on the check or sight draft or in
accompanying materials to this Agreement and to Fairways file
number provided to Bell Butte concurrently herewith to identify
this Agreement.
In the event the consumer price index is discontinued or
revised, such other Government Index with which it is replace shall
be used in order to obtain substantially the same result as would
have been obtained if the Consumer Price Index has not been
discontinued or revised.
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4. During the life of this Agreement, Bell Butte, and all
other authorized parties, both before and after the date hereof,
shall have the right to use and enjoy and continue to use and enjoy
that portion of said Premises identified as items (a) access road
and (b) escape road under Paragraph I, above, it being understood
and agreed that the rights herein granted to Fairways with respect
to said roads are not exclusive and Fairways will fully cooperate
with Bell Butte and said other authorized parties to the end that
said roads can be used and continue to be used and enjoyed by Bell
Butte and all parties authorized by Bell Butte.
It is also understood and agreed that the said Premises
herein shall solely and only be utilized by Fairways in connection
with Fairways's subsurface oil and gas drilling, producing
operations involving said Federal 1-8 Well, and one substitute or
sidetrack therefor, located in the NWl/4 and NWl/4NEl/4 of said
Section 17, and whose bottom bore hole objective for production is
beneath the SWl/4 of said Section 8, Township 19 North, Range 119
West, 6th, PM, and that nothing herein contained shall give or
grant to Fairways any right, interest or authorization of any kind
or nature to utilize said Premises, or any part or portion thereof,
or to travel across or use in any manner any other land(s) or
road(s) or subsurface terrain or bore hole owned or controlled by
Bell Butte to obtain access to or from any adjoining or other lands
for the purpose of Fairways' subsurface oil and gas drilling and
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producing operations hereunder, or otherwise, or for any other
use(s) or purpose(s) whatever, without the written consent of Bell
Butte being first had and obtained.
5. Bell Butte shall pay all County taxes assessed against
said Premises, based upon the valuation of the surface of said
Premises at the time of such assessment except as otherwise
provided in this paragraph.
Fairways shall pay all County tax assessments based upon any
and all improvements whatsoever placed upon said Premises by
Fairways.
Fairways shall also pay all County taxes, if any, assessed
against said Premises because of additional value placed thereon
for tax purposes by reason of improvements placed upon said
Premises by Fairways, and Fairways shall, within thirty (30) days
after written notice from Bell Butte, reimburse Bell Butte for
Fairways share thereof. Provided, however, in the event Fairways
deems any such assessments to be unreasonable and wishes to appeal
the same, Bell Butte agrees to cooperate in every reasonable way
with Fairways in the handling of any such appeal, it being agreed
that Fairways shall bear any and all costs of such appeal and in
the event such appeal by Fairways is successful and Bell Butte
receives money or credit as a result thereof, Bell Butte will pay
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or credit Fairways any portion thereof properly allocable to Fairways.
6. Bell Butte makes no warranties or representations,
either express or implied, of any kind and nature herein as to its
titles to said Premises and all of Fairways rights and interests
hereunder and the use of said Premises hereunder by Fairways are
all expressly subject to all superior rights, in law or in equity,
of every kind and nature, and whether recorded or not recorded, and
including, but without limitation, the following, to-wit:
(a) All reservations, limitations, and conditions of the
underlying Patents covering said Premises and the rights of all
parties pursuant thereto;
(b) All grants, conditions, limitations, and
reservation, if any, of record, or arising by operation of law, and
the rights of all parties pursuant thereto¡
(c) All easements and/or rights of way of record and all
easements and/or rights of way, if any, not recorded, but which
have been established and now exist by operation of law upon the
lands included in said Premises, or any portion, or portions,
thereof, and the rights of the owner(s)/holder(s)/claimants of such
easements and/or rights of way and all other parties pursuant
thereto;
(d) The rights of Bell Butte and its Partners, officers,
agents, Permittees and employees and all other authorized persons
and entities to graze livestock on and near the surface of
premises¡ the rights of the owner(s) of the mineral estate(s), and
the terms and conditions of and the rights of all parties under
all existing gra?ing, oil, gas, oil and gas, mineral, or other
lease(s), licenses, permits, access road agreements, or surface
owners agreements, and all other agreements of every kind and
nature, covering any portion, or portions, of the lands and
subsurface included in the said Premises, and the right of Bell
Butte to renew or extend said leases, licenses, permits and
agreements and/or enter into new leases, licenses, permits and/or
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agreements, with any party or parties, at the sole discretion of
Bell Butte; and
(e) The rights of all parties under all underlying deeds
constituting the record chain of title from Patentee(s) to Bell
Butte.
(f) T?e rights of Bell Butte and Chevron USA, Inc., under
Oil, Gas and Mineral Lease dated March 12, 1974, as thereafter
amended, by and between Bell Butte Grazing Partnership, a Limited
Partnership, formerly Uinta Land & Grazing Company, a Wyoming
Corporation, now dissolved, Lessor, (now Bell Butte), and said
Gulf Oil Corporation, Lessee, which Lease was recorded on the 23rd
day of May, 1974, in Book 112 PR, Page 167, Document No. 456888,
Page 481, records of the Lincoln County Clerk and Recorder,
Kemmerer, Wyoming, and Chevron's written consent to this Agreement
in format approved by Bell Butte, Fairways and Chevron being first
had and obtained prior to this agreement becoming effective and any
operations by Fairways are commenced hereunder. Bell Butte and
Fairways each hereby and concurrently herewith acknowledge receipt
of letter from Chevron dated SepteIDber 20, 2005, consenting therein
to this Agreement by Bell Butte and Fairways to which reference is
hereby made.
7. At Fairways sole cost and expense and during the entire
life of this Agreement, and continuing until Fairways has fully
performed all of its covenants and agreements hereunder, Fairways
hereby shall:
(a) Maintain and keep said Premises and access roads
clear of refuse and litter caused by Fairways.
(b) Comply with all Federal, including, without
limitation, United States Department of Interior, Bureau of Land
Management, rules and regulations, State and local Laws,
ordinances, and enactments, and with all lawful rules, regulations
and orders of all regulating agency, or agencies, applicable to
Fairways's use and maintenance of the said Premises and operations
under this Agreement, including, but without limitation,
environmental, water, noise and air pollution control, erosion
control, toxic waste, hazardous substances and material.
(c) Indemnify and hold, and continue to indemnify and
hold, Bell Butte and all of its Partners, officers, agents,
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contractors, Permittees and employees free and harmless from and
indemnify them, and each of them, for, from and against (a) any and
all damages, claims, costs, and expenses resulting from Fairways
failure and the failure of its officers, agents, contractors and
employees to comply with said Federal, State and local Laws,
ordinances, and enactments, rules, regulations, and orders of
regulating agency, or agencies, set forth in subparagraph (b) of
this Paragraph 7, above¡ and (b) any and all damages, claims,
demands, costs and expenses arising out of damage to livestock and
property or injury to or death of Fairways employees or any other
person(s) whomsoever, where such injury, death or damage occurs
during or in any manner arises out of its relation to Fairways
operations under this Agreement.
(d) Indemnify and hold Bell Butte harmless from and
against any and all claims and liens upon said premises for labor
or materials furnished to Fairways¡ its officers, agents,
contractors or employees and shall forthwith take all necessary
actions to remove such liens from all public records or otherwise,
upon request of Bell Butte.
(e) (1): Concurrently herewith obtain and furnish to Bell
Butte prior to the commencement of any operations hereunder, a
Corporate Surety Bond in the amount of $10,000.00, to assure and
secure the required completion of the surface reclamation
requirements of the premises pursuant to the provisions of
Paragraph 15, h~reafter, and maintain such Bond in good standing
and furnish to Bell Butte, at its address herein, satisfactory
written proof of such good standing on or before July I, of each
renewal year hereunder, until the provisions of said Paragraph 15,
have been completed by Fairways to the satisfaction of Bell Butte.
A copy of said Bond marked "F", is also annexed hereto and by this
reference specifically made a part hereof.
(2): In the event the reclamation requirements under
(1) above are not completed in accordance with the provisions of
Paragraph 15, hereafter, Bell Butte, at its option, shall have the
right to confirm the defaults of Fairways hereunder and receive and
use the Corporate Surety Bond funds to restore, and rehabilitate
the said premises.
The provisions of this Paragraph 7(e)
addition to the provisions of Paragraphs 10, 12, 15
hereafter and not in lieu thereof, or any of them.
are
and
in
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(f) Concurrently herewith obtain, maintain and deliver to
Bell Butte proof of a policy of liability insurance in a company
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satisfactory to Bell Butte and naming Bell Butte as a co-insured
party, insuring Bell Butte against all liability for property
damage and personal injury of every kind and nature in an amount
not less than one million ($1,000,000.00) which may result from
Fairways operations hereunder. Such insurance policy must remain
in full force and effect for so long as is specified by Bell Butte
but not to exceed "2" years after the termination of this
Agreement. Proof of such insurance policy (e.g. Certificate of
Insurance) marked Exhibit "G", is annexed hereto and by this
reference specifically made a part hereof. Fairways to furnish
Bell Butte on or before July 1, of each renewal license year
hereunder, a written statement from such insurance company that the
policy is in full force and effect and Bell Butte is a co-insured
party thereunder for the next succeeding renewal year hereunder.
8. During the entire life of this Agreement, Fairways, at
its sole cost and expense, also agrees to fully cooperat·e with Bell
Butte and its Partners, officers, agents, Permittees and employees
to graze their livestock on the surface of said Premises, and all
other authorized users, including, without limitation, oil and gas
operators and other parties, of said surface Premises to:
(a) Maintain said Premises in good repair and condition;
(b) Take all necessary precautions to avoid damage to
gates, bridges, culverts, cattle guards, dikes and stock watering
facilities, if any, within said Premises.
(c) Cooperate fully so that range improvements, such as
fencing or reservoirs, etc., if any, within said Premises, will not
be disturbed or, where disturbance is necessary, Fairways shall
leave such improvements in the original or better condition, as
determined by Bell Butte.
(d) Maintain adequate water breaks on all disturbed
slopes, if any.
(e) Effect a minimum of vegetative disturbance,
consistent with practical operations, and will smooth and maintain
all disturbed areas to conform as nearly as practical with adjacent
terrain, and provide and maintain adequate water drainage to
minimize erosion.
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(f) Take reasonable steps to control all infestation of
noxious weeds on the said Premises as requested by Bell Butte.
(g) Post and maintain a 25 MPH
vehicles being operated on the said
employees, agents, contractors, etc., and
inform all such persons of said speed
compliance therewith.
speed limit sign for all
Premises by Fairways's
take reasonable steps to
limit and necessity of
(h) Take reasonable steps to not permit any dogs or
other animals to be kept in the area which could cause any damage
or death to livestock.
(i) Take reasonable steps to inform its employees,
agents and contractors and all other parties participating with
Fairways, of the presence of livestock in the area and of the need
for caution where livestock is present.
9. Fairways shall not have the right to fence any part of
the Premises included in this Agreement or take and utilize any
water or water rights now owned by, held, or controlled by or
hereafter owned by, held, controlled by or acquired by Bell Butte,
without the written consent of Bell Butte being first had and
obtained.
10. In addition to the provisions of this Paragraph 10, and
the provisions in Paragraphs 12, 15 and 16, hereafter, this
Agreement is personal in nature, and an award of damages, only, for
Fairways default hereunder may not be sufficient, the parties also
hereby agree and confirm that this Agreement is also specifically
enforceable; and in the event of a default with respect to any or
all of the covenants and agreements hereunder on the part of
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Fairways to be kept and performed, hereunder, and whether before or
after the termination of this Agreement, Fairways agrees to pay and
shall pay to Bell Butte all costs and expenses of enforcing this
Agreement, or in seeking damages for any breach of this Agreement,
or in pursuing any other remedy provided hereunder, or by the
statutes of the State of Wyoming, whether such remedy is pursued by
filing suit or otherwise, or a combination of the foregoing
remedies, including reasonable attorneys' fees.
11. This Agreement shall not be construed as a conveyance or
transfer of any kind and nature in the surface, subsurface,
minerals, water rights, or any other part or portion of said
Premises, or as authorizing Fairways to explore for, mine, or
remove any minerals except oil and gas from the said Federal 1-8
Well, and its substitute or sidetrack therefor, with a subsurface
location in the NWl/4 and NWl/4NEl/4 of said said Section 17, and
whose bottom bore hole obj ective for production is beneath the
surface in the SWl/4 of said Section 8, in Township 19 North, Range
119 West, 6th p.m., Lincoln County, Wyoming, without Bell Butte's
specific written permission being first had and obtained.
12. This Agreement is also made upon the condition that
Fairways shall perform all the covenants and agreements herein set
forth to be performed by it, and if at any time there shall be any
-13-
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default on the part of Fairways hereunder, this Agreement shall not
terminate, except as hereinafter provided to-wit:
(a) In the event Fairways shall default in
the payment of total annual rental payment
promptly on the date when the same shall
become due and owing hereunder, and Fairways
shall fail to pay the same to Bell Butte by
check or sight draft within thirty (30) days
after written notice of such default being
given by Bell Butte to Fairways at its address
above set forth; or
(b) In the event Fairways shall default in
the performance of any other covenant and
agreement hereunder on its part to be kept and
performed, and if Fairways shall fail to cure
such default within ninety (90) days after
written notice of such default being given by
Bell Butte to Fairways at its address above
set forth, or after weather and soil
conditions first permit repair, if the default
be of such a nature,
then and in such event, or events, this Agreement shall forthwith
terminate and end and cease to exist, and the subj ect entire
Premises shall thereupon revert to Bell Butte, free and clear of
all of the rights and interests of Fairways herein and hereunder,
provided, however, such termination shall not release, or in any
manner discharge, Fairways from all of its covenants, agreements
and obligations herein to fully comply with and perform all of the
covenants, agreements and obligations hereunder on its part to be
kept and performed at the time of such termination, including,
without limitation,
all of the covenants,
agreements and
-14-
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obligations of Fairways under this Paragraph 12, and Paragraphs
10,15 and 16, hereof, and the remedies of Bell Butte including the
right of specific performance with respect to such accrued
obligations as provided under Paragraph 10, above, and all rights
and remedies of Bell Butte under this Agreement and all of Fairways
covenants, agreements and obligations hereunder, in the event of
any default hereunder by Fairways,
shall all survive the
termination of this Agreement for any cause or reason whatever and
remain in full force and effect until fully performed by Fairways
to the satisfaction of Bell Butte.
13. In the event Fairways is rendered unable, wholly or in
part, by force majeure, to carry out any obligation under this
Agreement, other than the obligation to make money rental payments,
Fairways shall give to Bell Butte prompt written notice of the
force majeure, with reasonably full particulars covering it: and
thereupon that affected obligation of Fairways shall be suspended
during the continuance of the force majeure, and Fairways shall
have an additional period of thirty (30) days to renew performance
of the affected obligation, commencing upon the termination of the
force maj eure.
The term IIforce majeurell herein shall only and
solely cover and mean an act of God, or other cause or condition
completely beyond the control of Fairways, including an act, rule
-15-
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'.', ~,~! ,', ',;i':~:~;f;:~;'~';'8'¡'· ':~ ~.-~C~9,·>7¡ p,,', !', ,..::",:, ;'.' ":'~:·T '<': ,¡,~ i :C:~¡,'¡~ 'I;.,'., 'oi'Y ;-'....,~,~,"t; .·:··f:':':;.~,:,~' "'(~:''i.;, " ~
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or order imposed by a governmental entity that suspends the
activities contemplated hereunder.
14. Notwithstanding anything contained herein to the
contrary, it is agreed that this Agreement does not in any manner
constitute a conveyance of any title, interest or estate in and to
any part of the said Premises herein above described, and no
operations hereunder by Fairways shall ripen into an easement of
any kind or nature, in and to any part of the said Premises, and
said Premises may be relinquished or surrendered, in whole, only
at the end of the then current license year upon giving ninety (90)
days prior written notice to Bell Butte as provided herein and in
. the event of relinquishment or surrender of said Premises
hereunder, all of the rehabilitation provisions of Paragraphs 10,
12, 15 and 16, and all other similar applicable provisions
hereunder shall forthwith apply to the entire Premises so
relinquished and surrendered.
15. Upon the termination of this Agreement for any cause or
reason, Fairways shall, within one hundred eighty (180) days after
such termination, remove all of its property, if any, from the said
Premises at its sole cost and expense, and forthwith rehabilitate,
reseed and restore all of the Premises, or portion or portions
thereof, as designated by Bell Butte, unless waived in writing by
Bell Butte within 60 days after such termination, as nearly as
possible to their original and former state and condition and
-16-
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seeding shall be repeated until a satisfactory stand is obtained at
its sole cost and expense, and seeding utilized shall be designated
by Bell Butte or the Bureau of Land Management, and shall be a
mixture similar to the vegetative cover on the lands in the
immediate vicinity or such other mixture as agreed upon by the
parties, and Fairways shall surrender the Premises to Bell Butte in
a condition approved by Bell Butte and which complies with all
applicable laws and governmental regulations and orders. Provided
however, such termination and surrender shall not in any way or
manner release Fairways from the performance of all of its
covenants, agreements and obligations hereunder on its part to be
kept and performed at the time of such termination all of which
covenants, agreements and obligations and all remedies of Bell
Butte hereunder shall all survive the termination of this Agreement
and continue in force and effect until fully performed by Fairways
in all respects to the satisfaction of Bell Butte.
16. This Agreement shall be forthwith recorded by Fairways
wi th the Lincoln County Clerk and Recorder, Kemmerer, Wyoming '. and
a duplicate original recorded copy of this Agreement shall be
furnished to Bell Butte by Fairways upon its receipt of the
original recorded copy from the said Recorder and not later than
November I, 2005. Upon the termination of this Agreement for any
cause or reason, Fairways shall also forthwith prepare, execute,
-17-
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. ",'~' !;; ;,'.~;:I:i~'~ ~;;~;'::·'~':·'~'~';·;:":~ ..':'.:; ::''";' ,¡:;:~'~.;'~~' ;',
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acknowledge and deliver to Bell Butte, for its approval, such
document(s) for recording with the Lincoln County Recorder as will
fully release and terminate all of Fairways rights hereunder i
provided, however, such termination shall not release Fairways from
the full and complete performance of all covenants, agreements and
obligations, hereunder, on its part to be kept and performed at the
time of such termination, including, Bell Butte's right of specific
performance as provided under Paragraph 10, above.
17. Any notice contemplated herein to be served upon either
party shall be in writing and mailed in the United States Mail,
postage prepaid, Registered Mail or Certified Mail, Return Receipt
Requested, at the addresses of Bell Butte and Fairways above set
forth in the first paragraph of the first page hereof, or at such
other address as either party may from time to time in writing
designate.
Service of notice by mail shall be deemed sufficient and
complete upon date of posting and mailing in accordance herewith.
It is also understood and agreed that personal service of notice
upon either party shall be deemed sufficient service of notice and
no mailing of notice in the case of personal service shall be
necessary.
18. No waiver by either party of any breach or default by the
other party on any occasion, and no election by either party to
exercise or forego any right or remedy hereunder or relating hereto
-18-
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on any occasion, shall be deemed to be a waiver of any other breach
or default or to be an election to pursue or forego any right or
remedy on any other occasion.
19. Fairways shall not have the right to sell, assign, lease,
sublease, rent, or use as collateral which could jeopardize or
create a lien on said premises, only, or otherwise in any manner
transfer this Agreement, or any part or portion thereof, or any of
its rights and interests herein and hereunder, or any part or
portion thereof, without the written consent of Bell Butte being
first had and obtained.
20. This instrument covers the entire agreement between the
parties, and no representation or statements, verbal or written
have been made modifying, adding to, or changing the terms of this
Lease.
21. Time is of the essence of this Agreement and of each of
the terms and conditions hereof.
22. Subject to the provisions of Paragraph. 19, above, the
terms and conditions and provisions of the Agreement shall be
binding upon and inure to the benefit of the parties hereto and
their approved successors and assigns.
23. This Agreement shall be governed by the laws of the State
of Wyoming and the parties hereto hereby agree that the District
Court of Lincoln County, State of Wyoming, shall have exclusive
-19-
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jurisdiction with respect to all matters which may arise under this
Agreement.
24. It is the intent of the parties that the provisions
contained and set forth in this Agreement shall be severable, and
in the event the whole or any portion of any provision hereunder,
shall be held void or invalid as a matter of law, such holding
shall not effect the other and remaining valid portion(s) of such
provision or any of the other provisions of this Agreement, which
shall be given, and remain in full force and effect in their
entirety without the void portion(s) thereof.
IN WITNESS THEREOF, the parties have executed this Agreement
as of the date of the Notary Acknowledgments contained herein, but
for all purposes to be effective as of the day and year first above
written.
Bell Butte:
TAX I D# rg '7- ¡j tf-"2- "f h ~.,....
Bell Butte Grazing Partnership, a
Wyoming Limited Partnership:
By: ~L Ð. ~j ~_
It Managlng Partner
Fairways:
Fairways
a Texas
business
Offshore Exploration, Inc.,
Corporation qualified to do
in Wyoming
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ACKNOWLEDGMENTS
STATE OF ~ )
. ) SS.
COUNTY OF.~~)
On the r/7}J day of (p ~ ,2005 personally appeared
before me ~~ , the Managing General Partner of Bell
Butte Grazing Partnership, a Wyoming Limited Partnership, known by
me to be the signer of the foregoing instrument, who duly
acknowledged to me that he executed the same.
Witness my hand and official seal.
~~~\..~
Not~r~ Publi~ ___ d~~~ ~.__
Resldlng at~~ ~i ~~
My
~ ;;. ~J :;'ð~7
STATE OF \ -eX:..ct-5
COUNTY OF ~(1t ~.5
SS
B~fore me, the undersigned authority ~ ~ No~aty .r~lic in and
for sald County, personally appeared VV,íj, ~LJL to
me personally known, who being by me duly sworn did say that he,
with the capacity designated by his signature on the document to
which this certificate is attached, is an officer or agent, of
Fairways Offshore Exploration, Inc., a Corporation organized and
existing under and by virtue of the laws of the State of Texas, and
that he as such officer or agent and in such capacity being
authorized by its Bylaws and/or Board of Directors so to do,
signed, sealed, executed and acknowledged before me the foregoing
instrument on behalf of said Corporation as his voluntary act and
deed and the voluntary act and deed of said Corporation for the
uses, purposes and consideration therein expressed and contained by
signing the name of the Corporation by him as such officer or agent
and that the seal, if any, affixed to said instrument is the
Corporate seal of said Corporation, and he further acknowledges to
me that said Corporation executed the same.
-21-
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I have hereunto set my official signature
seal of office on this the~ day of
~~
Notary u lC
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and
IN WITNESS WHEREOF,
~~e~y notarial
IF' , 2005.
My Commission Expires:
Bell Butte\agreementø\Fairwaysaccrddrillai te. agmt
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Found
1909 GlO
Brass Cap
(typical)
N89'1O'37"W 2648.88'
1/4
NSg44'55"W 2640.24'
c¿ ACCESS
ROAD
P.D.B.
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EDERAL 1-8
WELL PAD
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SECTION 17
T19N. R119W
I
----'-"----
OWNER:
Bell Butte
Grazing
(all of Section 17)
Legal Description
A tract of land located in the N1/2 of Section 17, T19N, R119W, 6th P.M.,
Lincoln County, Wyoming, said tract being 50.00 feet wide, 25.00 feet on
each side of the following described centerline:
~
Commencing at the Northwest corner of said Section 17, thence
S 00°25'58" W, 1721.79 feet along the West line thereof to the Point Of
Beginning;
~
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thence N 59°20'55" E, 151.86 feet; thence N 67°31'23" E, 501.48 feet;
thence N 69°55'54" E, 214.73 feet; thence N 48°24'20" E, 317.06 feet;
thence N 59°34'30" E, 353.74 feet; thence N 62°37'01" E, 301.23 feet;
thence N 69°57'39" E, 557.49 feet; thence S 87°18'48" E, 155.88 feet;
thence S 61°14'45" E, 138.66 feet; thence S 32°29'42" E, 170.31 feet;
thence S 53°04'53" E, 73.74 feet; thence N 88°29'48" E, 58.89 feet to
the Point Of Ending, said point lying on the westerly edge of the proposed
Fairways Federal 1-8 Well Pad.
6
Said centerline being 2995.05 feet or 181.519 rods, more or less, in length.
Certificate of Surveyor
STATE of WYOMING )
COUNTY of UINTA ) ss
I, STANTON G. TAGGART, OF WASATCH
SURVEYING ASSOCIATES. L.L.C. HEREBY STATE THAT
I AM BY OCCUPATION A PROFESSIONAL LAND
SURVEYOR EMPLOYED BY FAIRWAYS OFFSHORE
EXPLORATION, INC. TO MAKE THE SURVEY OF THE
TRACT DESCRIBED AND SHOWN ON THIS PLAT; THAT
THE SURVEY OF SAID WORKS WAS MADE UNDER MY
SUPERVISION AND UNDER MY AUTHORITY AND THAT
SUCH SURVEY IS ACCURATELY REPRESENTED
HEREON.
The sidelines of said tract are to begin and end upon the same line the
centerline begins and ends upon.
EXHIBIT "A"
Map to Accompany
Fairways Offshore Exploration, Inc.
Federa/1-B Well Pad
Access Agreement
across the N~ of Section 17,
T19N, R119W, 6th P.M.
Lincoln County, Wyoming
.
~~~~~
ANY CHANGE, ADD DELETION OF ANY PART OF THIS DESCRIPTION Will
ACT TO VOID ANY WARRANTY OR RESPONSIBIUTY, EXPRESS OR IMPUED. THAT I
MAY HAVE TOWARDS THE SUBJECT PROPERTY.
906 Main Street
Evanston, Wyoming 82930
Phone No. (307) 789-4545
Project No. 05-43 Date: 6/28/05
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NB910'3TW 2648.88'
N79·01 24 E. 205.75
N70·32'09"E. 268.28
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ROAD P.D.B.
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FEDERAL 1-8\
WELL PAD
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______ SECllON 17
T19N, R119W
I
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------
OWNER:
Bell Butte
Grazing
(all of Section 17)
8
s;¡
Legal Description
A tract of land located in the N1/2 of Section 17, T19N, R119W, 6th P.M., Lincoln
County, Wyoming, said tract being 50.00 feet wide, 25.00 feet on each side of the
fOllowing described centerline:
ª
o
I §
~
Commencing at the Northwest corner of said Section 17, thence S 89°10'37" E,
2125.27 feet along the North line thereof: thence S 00°49'23- W, 629.25 feet to
the Point Of Beginning;
6
thence N 70°32'09" E, 268.28 feet; thence N 79°01'24- E, 205.75 feet;
thence N 84°04'13" E, 258.31 feet; thence N 80°49'40" E, 145.01 feet;
thence N 83°29'09" E, 121.22 feet; thence S 12°18'48" E, 255.23 feet;
thence S 14°09'11" W, 56.85 feet; thence S 52°06'22-W, 61.19 feet;
thence S 80°13'55" W, 43.68 feet to the Point Of Ending, said point lying
on the Easter1y edge of the proposed Fairways Federal 1-8 Well Pad.
Said center1ine being 1415.53 feet or 85.790 rods, more or less, in length.
Certificate of Surveyor
STATE of WYOMING )
COUNlY of UINTA) 55
I, STANTON G. TAGGART, OF WASATCH
SURVEYING ASSOCIATES, L.L.C. HEREBY STATE THAT
I AM BY OCCUPATION A PROFESSIONAL LAND
SURVEYOR EMPLOYED BY FAIRWAYS OFFSHORE
EXPLORATION, INC. TO MAKE THE SURVEY OF THE
TRACT DESCRIBED AND SHOWN ON THIS PLAT; THAT
THE SURVEY OF SAID WORKS WAS MADE UNDER MY
SUPERVISION AND UNDER MY AUTHORllY AND THAT
SUCH SURVEY IS ACCURATELY REPRESENTED
HEREON.
The sidelines of said tract are to begin and end upon the same line the centerline
begins and ends upon.
Map to Accompany
Fairways Offshore Exploration, Inc.
Federa/1-B Well Pad
Escape Road-Access Agreement
across the N~ of Section 17,
T19N, R119W, 6th P"M.
Lincoln County, Wyoming
EXHIBIT "BII
lS.TCn
SURVEYING
906 Main Street
Evanston, Wyoming 82930
Phone No. (307) 789-4545
Project No. 05-43 Date: 6/28/05
ANY CHANGE, ADDITION OR DELETION OF ANY PART OF THIS DESCRIPTION WILL
ACT TO VOID ANY WARRANTY OR RESPONSIBILITY, EXPRESS OR IMPLIED. THAT I
MAY HAVE TOWARDS THE SUBJECT PROPERTY.
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Fairways Offshore Exploration, Inc.
Federa/1-B Well
NW1/4 NE1/4, SECTION 17, T19N. R119W, 6th P.M.
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EXHIBIT "e"
Well Pad Layout
Project
No. 05-43
Date
Drawn: 7/14/05
Scale: 1" = 80'
ate
Surve ed: 6/6/05
~;:~t Revision 7/19/05
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SURVEYING
906 Main Street
Evanston, Wyoming 82930
Phone No. (307) 789-4545
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Found
1909 GLO
Brass Cap
(typical)
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N89"K)'37"W 2648.88' P.D.B.
19B7.B9 ,
Appro)(. Depth= 12876.32
549'00'00"[. 1704.06'
tf TRACT
N89'44'55"W 2840.24'
FEDERAL 1-8
WELL PAD
1/4
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______ SECllON 17
T19N, R119W
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OWNER:
Bell Butte
Grazing
(all of Section 17)
~-
Legal Description
A tract of land located In the N112 of Section 17, T19N, R119W, 6th
P.M., LIncoln County, Wyoming, said tract being 50.00 feet or 25.00
feet on each side of the following described cenfsrllne:
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Commencing at the Northwest romer of said Section 17, thence
S 89°10'37" E, 1987.89 feet along the North line thereoffo the Point Of
Beginning;
thence S 49°00'00" E. 1104.06 feet to the Point Of Ending, said point
lying S 75°03'23" E, 2919.67 feet from the Northwest comer of said
SecfJon 17 and being the center of the proposed Federa11-8 Well.
SaId centerline beIng 1104.06 feet or 66,913 rods, mOI9 orless, in
length.
Certificate of Surveyor
STATE of WYOMING )
COUNTY of UINTA ) lIS
/, STANTONG. TAGGART, OF WASATCH
SURVEYING ASSOCIATES, L.L.C. HERESY STATE
THAT I AM BY OCCUPAT10N A PROFESSIONAL LAND
SURVEYOR EMPlOYED SY FAIRWAYS OFFSHORE
EXPlORAT10N, INC. TO MAKE THE SURVEY OF THE
TRACT DESCRIBED AND SHOWN ON TIllS PlAT;
THA T THE SURVEY OF SAlD WORKS WAS MADE
UNDER MY SUPERVISION AND UNDER MY
AUTHORITY AND THAT SUCH SURVEY IS
ACCURATELY REPRESENTED HEREON.
~o"a\ Land 8
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EXHIBITS "D" AND "E"
Map to Accompany
Fairways Offshore Exploration, Inc.
Federal 1-8 Well
Sub-Surface Agreement
located In the N 1/2 of
Section 17,
T19N, R119W, 6th P.M.
Lincoln County, Wyoming
ANY CHANGE, ADOITION OR DElETION OF ANY PART OF THIS DESCRIPTION
WILL ACT TO VOIO ANY WARRANTY OR RESPONSlBUJTY, EXPRESS OR IP.tPlIED,
THAT / MAY HAVE TOWARDS THE SUBJECT PROPERTY.
~~~~~
906 MaIn Street
Evanston, WyomIng 82930
Phone No. (307) 789-4545
Prqecf No. IJ5.43 Date: 7I08I05
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SURETY BOND
[00085
KNOW ALL MEN BY THESE PRESENTS:
That we (operator name) Fairways Offshore Exploration. Inc.. a Texas Corporation as Principal, and
(Surety name) U.s. Specialty Insurance Company as Surety, and both Principal and Surety duly authorized
and qualified to do business in the State of Wyoming, are held and finnly bound unto Bell Butte Grazing Partnership, a Limited
Partnership (Wyoming), whose address is clo Edward M. Bown, 1015 East 3900 South, Salt Lake City, Utah 84124. in the sum
of:
Ten Thousand and Noll 00 dollars ($ 10.000 )
lawful money of the United States, payable to Bell Butte Grazing Partnership, a Limited Partnership, for the use and benefit of
said Bell Butte Grazing Partnership, a Limited Partnership (Wyoming), for the faithful payment of which we bind ourselves, our
heirs, executors, administrators and successors, jointly and severally by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH THAT, WHEREAS the Principal is or will be engaged in the
drilling, redrilling, deepening, repairing, operating, and plugging and abandonment ofa well or wells and restoring the well site
or sites and roads in Lincoln County, in the State of Wyoming for the purposes of oil or gas production andlor the injection and
disposal of fluids in connection therewith for the following described land or well:
x
Blanket Bond:
Individual Bond:
To cover all wells drilled in the State of Wyoming
Well No: Federal 1·8 Well
Section: --1L- Township: 19 N0I1h Range: 119 West
County: Lincoln , WYOlning
NOW, THEREFORE, if the above bounden Principal shall comply with all the provisions of that certain Access Road, Drill Site,
and Subsurface Agreement dated effective July 1,2005, by and between Bell Butte Grazing Partnership, a Limited Partnership,
and Fairways Offshore Exploration, Inc., a Texas Corporation, including, but not limited to the proper plugging and
abandonment of wells and well site restoration, then this obligation is void; otherwise, the same shall be and n:main in full force
and effect.
IN TESTIMONY WHEREOF, said Principal has hereunto subscribed its name and has caused this instrument to be signed by its
duly authorized officers and its corporate or notary seal to be affixed this 30th day of September. 20Qi..
Corporate or Notary Seal (here)
Fairways Offshore Exploration. Inc.. a Texas Corporation
Principal (company name)
By
Name:
Title:
paul!1 ¥
President
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IN TESTIMONY WHEREOF, said Surety has caused this instrument to be signed by its duly authorized officers and its
corporate or notary seal to be affixed this 30th day of September, 2005.
(Corporate or Notary Seal here)
U.S. Specialty Insurance Company
By
Name:
Title:
13403 Northwest F way, Houston, Texas 77040
Surety Mailing Address
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Date:
September 30. 2005
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Exhibit "F" (3 Da2es)
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Bond No. B001922
Important Notice Regarding
Terrorism Risk Insurance Act of 2002
In accordance with the Terrorism Risk Insurance Act of 2002 (the "Act")~
this disclosure notice is provided for surety bonds on which U.S. Specialty
Insurance Company is the issuing surety.
The premium attributable to any bond coverage for "acts of terrorism" as
defined in Section 1 02(1) of the Act is Zero Dollars ($0.00).
The United States will reimburse the Issuing Sw·eties for ninety percent
(90%) of any covered losses from terrorist acts certified under the Act
exceeding the applicable surety deductible.
The actual coverage provided by your bond for acts of telTorism, as is true
for all coverages, is limited by the telms, conditions, exclusions, penalties,
limits, other provisions of your bond and the underlying contract, any
endorsements to the bond and generally applicable rules of law. This
Important Notice Regarding Terrorism Insurance Risk Act of 2002 is for
informational purposes only and does not create coverage nor become a part
or condition of the attached document.
YOU SHOULD KNOW THAT COVERAGE PROVIDED BY THIS POLICY, IF
WRITTEN, FOR LOSSES CAUSED BY CERTIFIED ACTS OF TERRORISM,
WILL BE EXCLUDED IF THE U.S. GOVERNMENT FAILS TO ENACT AN
EXTENSION TO TRIA OR ENACTS CHANGES TO TRIA THAT
SUBSTANTIALLY CHANGE THE RISK OF LOSS THAT AN INSURER OR
POLICYHOLDER HAS ASSUMED.
The rest of this page is intentionally left blank.
\ IndemCo
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POWER OF ATTORNEY PA001922
(To be used with bonds issued on behalfofU. S. SPECIALTY INSURANCE COMPANY)
Know All Men by These Pre.fents That, U. S. SPECIALTY INSURANCE COMPANY (the "Company"), a corporation duly
orgal11zed and existing under the laws of the State of Texas, and having its principal office in Houston, Harris County, Texas, does by
these presents make, constitute and appoint
Edwin H. Frank III,W. Russell Brown, Jr.
its true and lawful Attorney-in-Fact, with full power and authority hereby conferred in its name, place and stead, to execute,
acknowledge and deJiver any and all bonds, recogn12ances, undertakings or other instruments or contracts of suretyship to
include riders, amendments, and consents of surety, providing the bond penalty docs not exceed Three Million Dollars
($3,000,000) and to bind the Company thereby as fully and to the same extent as if such bonds were signed by the President. sealed
with the corporate seal of the Company and duly attested by its Secretary. hereby ratifying and confirmmg that the said Attorney-in-
Fact may do in the premises. Said appointment is made under and by authority of the following resolutions of the Board of Directors
of the U. S. Specialty Insurance Company: "
Be /t Resolved, that the PresIdent, any Vice-President, any ASSIStant Vice-PresIdent, any Secretary or any AssIstant Secretary shall 'be and IS hereby vested wIth full
power and authonty to appOlllt anyone or more suitable persons as Atlomcy(s)-m-Fact to represent and act for and on behalf of the Company subject to the following
provIsions.
Attorney-II/-Facl may be given full power and authority for and m the name of and of behalf of the Company, to execute, acknowledge and deliver, any and all bonds.
recognizances, contracts. agreements or mdemnity and other condlllonal or obligatory undertakings and any and all notIces and documents canceling or terminating the
Company's hablhty thereunder, and any such Inscruments so executed by any such AttorneY-in-Fact shall he bmdmg upon the Company as If sIgned by the Prcsldent
and scaled and effeclcd by the COflJoratc Secretary.
Be iJ Resolved, that the sIgnature of any authonzed officer and seal of the Company heretofore or hereafter affixed to any power of attorney or any certllicate rclatlng
thereto by facsimile, and any power of attorney or ceruficate beanng facsimile signature or facsimile seal shan be valid and blndmg upon the Company with rcspectto
any bond or undertakIng to which It IS attached. (Adopted by unammous \VTuten consent 111 lieu of meeting on July 7, 2003.)
In Witness Whereof, U. S. SPECIALTY INSURANCE COMPANY has caused these presents to be signed by its President, and its
corporate seal to be hereto affixed this 6th day of June. 2005.
Corporate Seal
U. S. SPECIALTY INSURANCE COMPANY
By
State of Texas
COW1ty of Harris
ss:
M:::.stð
On this 6th day of June, 2005 before m~ personaJly came Michael J. Schell, to me known, who, being by me duly sworn, did depose
and say, that he resides in Houston, Texas, that he is President of U. S. SPECIALTY INSURANCE COMPANY, the company
described in and which executed the above instrument; that he knows the seal ofsaid Company; that the seal affixed to said instrument
is such corporate seal; that it was so affixed by order ofthe Board of Directors of sa;id Company; and that he signed his name thereto
by like order. D
"
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Notary Se~ ,.. ::.\
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SHEARI GIBSON
. ~ y COMMissioN EXPIRES
OC!OÞer 17. 2005
( ,Notary Public
My commission expires I tJ-¡ -1-05
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I, Christopher L. Martin, Secretary ofU. S. SPECIALTY INSURANCE COMPANY, do hereby certify that the above and foregoing
is a true and correct copy of a Power of Attorney, executed by said Company, which is still in full force and effect; furthermore, the
resolutions of the Board of Directors, Set out in the Power of Attorney, are in full force and effect.
In Witness Whereof, I have hereunto set my hand and affixed the seal of said Company at Houston, Texas this 30th day of
Septem her, 20...o.s.
Corporate Seal
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A_CORD... CÉ'RTIFICATE OF LIABILITY INSURANCE
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DATE (MMIDDIYVVY)
PRODUCER, (832) 295-0000
Lary Insurance Services, Inc.
12000 Richroond, Suite 300
lio'}sto!!...______TX -21.08 ~-
INSURED
~airways Offshore Exploration,
13430 Northwest Freeway
Suite BOO
Houston TX 77040-
COVERAGES
--------
INSUR!!!~ AFFO.!!e!.NG.CO"y_ERA~~______. _NA~___._
l!<§.!illm..t-· Lex!!l9'_~. Insw:'~..2e Co__ _______.___
.!J'I.§..lli.¥::!!lL-.________________ --------
Inc.
INSUBf;fU.;:...___..__.._____._________
I~SUIŒRL-_
INSURE R E·
------,._--,-,.,
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THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD.lNDICA TED. NOTWITHSTANDING ANY
REQUIREMENT. TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN.
THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS. EXCLUSIONS AND CONDITIONS OF SUCH POLICIES,
~GGREGATE _l!~!!§..~N MAY HAV~~~§N~~DU~'!.!~LAIMS - PõTJ~fIŸ[ Jlõi]cH¡¡¡;¡ÆÞ.WõFf --------.-------.
N~ ~~~ TYPE OF INSURANCE POLICY NUMBER DATE (MM/DDIY~) DÄTl(M:'DDrÑÍ' LIMITS
A ~NERAL LIABILITY / / / / I:ACI< ocr,t IRR~N~E s 1,000,000
X COMMERCIAL GENERAl. lIAßIUl'Y ~~~ßH?r,~~~~~nr... s 1,000,000
....- :J CLAIMS MADE W OCCUR 08/07/2005
1286606 08/07/2006 MnH:XP fA... one ""'"0'11 S
f-- PERSONAL &AOV INJURY S 1,000,000
1--·· / / / / GENERAL AGGRf;GATIi S 2,000,000
GEN'L At>GI~I:GATE llMIl' APl'LlliS PER PHOI)UCTS . "OMI·'IOP M!L $ 2,000,000
@ p()LlCyì~~ ~:~~i '(""1 tOC / / / / 11011 ution (S&AI 1,000,000
~OMOBlLE LIABILITY - / / / / COMBINED SINGU¡ LIMIT
(EB .""idonl) $
- ANY AUTO
- AU. OWNF.OAUTOS / / / / IIOn!l Y IN,JURY
tl;l~ person; $
SCHEDULED AUlOS
- / / / /
- ~IIRED AUT OS RODlL Y IN,JUI~Y $
NON-O'MIF.O AlHOS ,þ", .r.c-Jdent)
- / / / /
- ¡'Hopøny DAMAGE
(1'". .""ldnnt) $
RAGE LIABILITY AUTO ONLY· EA ACCII)EN'r S
1-__ ANY AUT 0 / / / / OTl1IiR TIi"N fAA.CC $
A\ITO ONLY' AGO S
EXCESS/UMBRELLA UABllITY / / / / f;AC~1 OCr.uRREW'E' S
tJ occur~ D C1.AIMS MAI)E. AGGf~~GA l'E S
$
~ f>EOUC'fIBLE / / / / $
RHENTlON S S
WORKERS COMPENSATION AND / / / / 1 ~~.rI~HsT 10TH.
eMPLOYERS· lIABILITY ER
ANY I'ROI'mf;TOflIPARTNEr~/EXLClfI1VE E LEACH ACCIDENI S
OFFICERlMFMRËH ['J',CI.UDlm? / / / / r: I. DiSEASE· liA EMPlOYEE S
Ify....dfllc;rot» ,"""',
SPECIAl. PROVISIONS bOlow E l. OISI"/lSr,· POUCY LIMIT $
O'!HER / / / /
/ I / / ,
'. / / / /
DESCRIPTION OF OPERATIONS/LOCATIONSNEHICLESlEXCLUSIONS ADDED BY ENDORSEMENT/SPECIAL PROIIISIONS
8all Butte G~az~nq Pa~tn.rehip is named as additional insured.
CERTIFICA TE HOLDER
( )
CANCELLATION
Bell Butte Grazing Partnership
C/O Edward M. Brown
1015 East 3900 South
Salt Lake Cit UT 84124-
ACORD 25 (2001/08)
6g "... INS025 (OiOtl) U:\
SHOULD ANY OF '!HE ABOVE DESCRIEiED POLICIES BE CANCELLED BEFORE THE
EXPIRATION DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAIL
2-º-- DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT
FAILURE TO DO SO SHALL IMPOSE NO OBLI ON OR LlASI tNO UPON '!HE
INSURER, ITS AGENTS OR REPRESEN
AUì110RIZED REPRESENTA TillE
E UiC" RONIC 1./l5"H FO'~M5. IWC . (800)327.05045
Exhibit "G"
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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.
ADDITIONAL INSURED
The following entity is added as an additional insured to the policy:
Bell Butte Grazing Partnership
C/O Edward M. Brown
1015 East 3900 South
Salt Lake City, UT 84124
Endorsement No.8
Attached to and formIng part of the ComprehensIve General liability Policy No. 7286606
Issued to Fairways Offshore Exploration, Inc.
SIgned the 30th day of September, 2005 at Houston, Texas.
Lexington Insurance Company
A member of the AIG Group of Companies
i11~o~.",ro
ORIGINAL.
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