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HomeMy WebLinkAbout913533 ¡mmill~rr ,.. ;':':I:!~:!:r;'. . ~--'-'-~'~'..,..',~,~,','." ',~.:"" "",,' ¡,..., '..',:"1:(1:;,;' '. . RECEIVED 11/8/2005 at 12:16 PM RECEIVING # 913533 BOOK: 604 PAGE: 90 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ctS ê ' 9 l,ooe 0 ACCESS ROAD AGREEMENT THIS AGREEMENT, is made and entered into effective the 1st day of July, 2005, by and between BELL BUTTE GRAZING PARTNERSHIP, A LIMITED PARTNERSHIP, whose address is % Mr. Edward M. Bown, Attorney at Law, 1015 East 3900 South, Salt Lake City, Utah 84124(hereinafter referred to as "Bell Butte") and Fairways Offshore Exploration, Inc., a Texas Corporation, whose mailing address is 13430 Northwest Freeway, Suite 800, Houston, Texas 77040 (hereinafter referred to as "Fairways"). "I WIT N E SSE T H: ^ . " ìU THAT WHEREAS, Bell Butte is the owner of certain lands in Townships 17 and 18 North, Range 119 West and Township 19 North, Range 119 West, 6th P.M., situated in Uinta and Lincoln Counties, Wyoming; and WHEREAS, Fairways has requested Bell Butte to grant to I ' / ., Fairways a nonexclusive right to utilize and maintain certain o access .roads approximately 50 feet wide and 14,536.47 feet or 880.998 rods in length, crossing certain portions of Section 21, in Township 17 North, Range 119 West; Sections 17, 9 and 5, in Township 18 North, Range 119 West, and Section 19, in Township 19 North, Range 119 West, 6th p.m., Uinta and Lincoln Counties, b..1I< Wyoming; in connection with its oil and gas drilling and producing operations involving the Federal 1-8 Well located in the NWl/4NEl/4 -'--'o._,¡.,¡-,"'.'.. '··'·:"'.:':':''::':'',:;.!l::;fili¡'.ua·UItUIIJj~;'''¡!1.~m\!;'.t".i1'\!á,:'~',",'',';'¡¡.I;¡'¡"~l!,'ä'.;':,J~~;·';1~'·-;L'.¡;·",€.!,.,.~.ö~'~'r,\o-,.',,', '~' "':"".~.~'J ~.~,t''''~i~.!iI~I'J'J')I,'';. " . """:.,,,,';"';-"iri.-tiok-r.;,~'<1""(;""::'~;!'!:ô.""',,,,"~~!t<~''''''.'~~''. " ',"".>,"':'''' "r':!¡J,.''''<r!'I'',~H'1~,;'' . ". Po.'1\ ""I' 5 .'1\.....1' !J...:;¡.....,'<.JJ~\..I ,r (Ï 0' r" 91 \., II .1 l' . and N1/2NW1/4 of Section 17, Township 19 North, Range 119 West, 6th p.m., Lincoln County, Wyoming; and 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 and NO/100 Dollars ($10.00), and other valuable consideration, in hand paid to Bell Butte by Fairways, the receipt whereof is hereby acknowledged by Bell Butte, and in consideration of Bell Butte entering into this Agreement with Fairways, and Fairways agreement with Bell Butte to keep and perform all of the covenants and agreements on Fairways part to be kept and performed hereunder, as hereinafter set forth, the parties hereto covenant and agree as follows, to-wit: 1. Bell Butte hereby grants to Fairways a nonexclusive right to utilize and maintain certain access roads crossing lands owned by Bell Butte approximately 5.0 feet wide and 14,536.34 feet or 880.998 rods in total length, in the SW1/4 and N1/2 of Section 21, Township 17 North, Range 119 West, 6th p.m.; the NE1/4SE1/4 of Section 17, the W1/2SW1/4 of Section 9, the Sl/2 of Section 5, Township 18 North, Range 118 West, 6th p.m.; and the E1/2SW1/4 of Section 19, Township 19 North, Range 119 West, 6th p.m., located in Uinta and Lincoln Counties, Wyoming. The lands on which said access 2 t i¡¡m¡i:i~:~::¡:1§~" MI~;:!~~I:~ ~j~ :;~, ' ;1~~!f~~~~~I~~~r ·¡I'·itiL~.i"i'¡':':·"·'·""" ··,·,,·,t...·.·.·,..·,.,",,· ·;",.,.·..·...','-""''''·,·1<1'",<',··',''"',,·· ¡ì G·, ~1 <T f t:::.. .)r.-J ~-.Þ --..", ~-..".J\l,i;) Q..,b ....J u ( r 0.0,r,92 V\., J V roads are located are more particularly shown, identified and described on Exhibits "A" through "E" annexed hereto and by this reference specifically made a part hereof, and which lands are sometimes hereinafter referred to as the "Premises". During the life of this Agreement, Bell Butte, and other parties similarly authorized by Bell Butte, shall have the right to use and enjoy the said premises as the rights herein granted to Fairways with respect to said premises as above set forth are not exclusive, and Fairway will fully cooperate with Bell Butte and said other authorized parties to the end that said Premises can be used and continue to be used and enjoyed by Bell Butte and all parties authorized by Bell Butte. 2. Fairways shall not have the right to sell, assign, lease, sublease, rent, create a lien on, or otherwise in any manner transfer this Agreement, or any part or portion thereof, or any of the rights and interests granted to Fairways hereunder, or any part or portion thereof, without the written consent of Bell Butte being first had and obtained. 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 3D, of the following year. 3 " ~ ,"',1",',1,'".·""" , ','."'..:.;...;..,,'., , .'.:..>c..,.'.".t'··;'''llth1.''·,.:',.\",·,·.·, ,'" ",.",.:,,"""'1'1-;'.""·;,- .'."."" "..... ':"--:'.:.";,,:,:,'" ( ;}¡ c. ..~", s. .j~. 0( ·U0~'~".lJ~~·'~ "-...I' ,... (.00093 4. Fairways will concurrently herewith 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, the sum of $7,928.98, as rental for the premises through June 30, 2006, and, shall pay to Bell Butte, in advance, rental in the sum of $7,928.98, but to be adjusted according to the formula as hereinafter set forth, on or before the 1st day of July, 2006, and shall pay a like amount, in advance, to Bell Butte on or before the 1st day of July of each renewal year thereafter so long as this '" Agreement remains in effect for the use of the premises as identified and shown on said Exhibits "A" through "E" annexed hereto, but to be adjusted according to the following formula provided, however, that in no event shall the total annual rental for use of the Premises for any renewal year after the first license year be reduced below the total annual rental owing and paid for the immediate preceding renewal year. Ra = $7,928.98 xIa Ib where Ra above set forth is the 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 4; 4 t ~i¡fm!i~mmm¡:¡;!i :;jI\~m;[Ef~:~- " . ···t:·...·j~.,;:.:'i!'¡~l~ ~¡·I~\'~¡f.',.! :~r:},<",;,~.:~¡:~"'''''''tI·..~,an',I·.,,;'...·,·~ r.-;, ,~,": .''', ·.,¡.....-':i1....¥;!;.~.,.,·... ",., .",.,. ',' .;.'..,..¡............,.,.,., , ' ',...., ',;0..10:,*",'.:. "'-&,,*,,~:: -"1"1, ,~, <:'¡' "'F~'l"...",;' ,,\". ~r n.~ ""',:r...J!.·,...r....'..','"...,O·,',,,..,,'·,,·.'.'.,_·'."""'.' aC",~j <rï~: ,-¡.. .~ '-J ~,,~ <_,.; ,jJ C00094 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 1st 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 the event the consumer price index is discontinued or revised, such other government index with which it is replaced shall be used in order to obtain substantially the same result as would be obtained if the consumer price index had not been discontinued or revised. In addition, each total annual renewal 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 to Fairways file number assigned to this Agreement to be provided to Bell Butte concurrently herewith to identify this Agreement. 5. It is understood and agreed that the said Premises herein shall only be utilized by Fairways in connection with Fairways subsurface oil and gas drilling, producing operations involving said Federal 1-8 Well located in the NWl/4NE1/4 and Nl/2NW1/4 of said Section 17, Township 19 North, Range 119 West, 6th p.m., and that nothing herein contained shall give or grant to Fairways any right or authorization to utilize said Premises, or to travel 5 .":ó,'.-','.,;·¡·¡·.·,·i'I.·:·'r'·.·' ".".":"'''',.:'1",'.7', '..'..,'..,.,...,.,'.',.;,. ·,....,i,~.,..·',·','1·~"~ ,.--"'....__ '.:",.-, ':':", '-'; ':.:' ;, '''. ., '. '."""-"-",.~;,;:~','.:.;,;,,"', , '.¡": i) c,·~, ~J '-=;.·]··3 I "'. J _L._,~~'¡_~,·4 (' n0!~:OC; '" ...; U ti V V across or use any other land(s) or road(s) owned or controlled by Bell Butte, to obtain access to any adjoining or other lands for the purpose of Fairways oil and gas drilling and producing operations, or for any other uses or purposes whatever, without the written consent of Bell Butte Being first had and obtained. 6. 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 it 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 6 t ~m~m~llij1~~i~: ¡]!m~l~ffi;: 1;;:I;-':j~~.~':;:I," ' ',' ",: ~::::::-' : . ,;:~ ¡:'.' " ",'~"',~:'::'~:<' . "i:(;:O:I:I:.:~I:.r;¡:,:,; ";>"'~'~;!"ifr;n;.i{;.::,;i:·':'~::-'::;EUj;~-:': :::;,¡:".}" ,.-'...".'... ..j.' .·:;:···i';I,!¡:¡:,·;'-·i;:'·~·'F;.',,";:'.::::.: ¡,\;';:l~j:;:¡~' '1.(:; \~"" s: '-.\I~} .. - .__.....;....'~.-:.:; I.,~Ù (' Ii ,... .... q 6 " :. \ . t' \., .. 10,/ \j U '"" appeal by Fairways is successful and Bell Butte receives money or credit as a result thereof, Bell Butte will payor credit Fairways any portion thereof properly allocable to Fairways. 7. Bell Butte makes no warranties or representations hereunder of any kind and nature with respect to its titles to said premises, and all of Fairways rights and interests hereunder and the use of the premises 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, 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 any party, or parties pursuant thereto; (b) All grants, conditions, limitations, and reservations, if any, of record, or arising by operation of law, and the righes of any party or parties pursuant thereto; (c) All easements or rights of way of record and all easements or rights of way, if any, not recorded, but which have been established and now exist by operation of law upon said premises or any portion, or portions, thereof; (d) The right of Bell Butte to graze, or authorize the grazing of livestock on, near or around said premises; and the rights of the owner(s) of the mineral estate(s), and the terms and conditions of and the rights of Bell Butte and all party, or parties, under all existing and future Bureau of Land Management or other grazing licenses and permits, oil, gas, mineral or other lease(s), access road agreements, or surface owner(s) or other agreement(s), and all other agreements and licenses and permits of every kind and nature, covering any portion, or portions, of the lands included in the 7 \ ., ;~:;;i71:;: :i1t'"Jlr. ;!'::;~' ;'\!/-llf,? Ä':;':¡' :'''J:t'~~''l'7Nf¡'¡Nf¡1,~~~;:,~· ,p-,:,: ¡'F.": :;.>,"....'..~ ':;!<".~Iyj.!.~:.¡..:!/('!.~., :, >. . ; ,)~:'7'" '..' ~' >' ¡~ .;. :,¡;'.~.....:;:I:r.;~ 4:':";" ,.;" .~, ÕI~:.:~.\.1.".~';':O:¡"'Y,;,J:::,~T~.F ts,"~,¡1~';:-:''':~;';~~''!¡:::' .~"::~~,',,, ,:'.:'; :.:'·;'~;~¡!¡\¡"irr~;',>.'ë:.\?;:':·..'; c;--·"" ';1;. ;.: ,:",¡,t'~';',' ¡', ( .).c t, 4"~..r- i) ,., '. ....", '.-1 ~~'\;,,":'jt¡,¿'''..Jd ,r n 0. t', (t 7 \,., ,) \,) V V subject premises¡ and the right of Bell Butte to renew or extend said leases and agreements¡ or enter into new leases and/or agreements and licenses and permits referred to under this sub-paragraph (d) above¡ at the sole discretion of Bell Butte. (e) The rights of any party¡ or parties¡ under any underlying deed constituting the record chain of title from Patentee to Bell Butte. 8. At Fairways sole cost and expense¡ and during the the life of this Agreement and continuing until Fairways has fully performed all of its covenants and agreements hereunder¡ Fairway shall: (a) Maintain and keep said premises clear of refuse' and litter caused by Fairways. (b) Not disturb range improvements ¡ such as fencing or reservoirs¡ etc.¡ if any¡ within the premises¡ or¡ where disturbance is necessary ¡ Fairways shall leave such improvements in the original or better condition, as determined by Bell Butte and Fairways; (c) Construct. and maintain adequate water breaks on all disturbed slopes, if any; (d) Effect a minimum of vegetative or soil disturbance, consistent with practical maintenance operations, and will smooth and maintain all disturbed areas to conform as nearly as practical with the adjacent terrain, and provide and maintain adequate water drainage to minimize erosion; (e) Comply with all Federal, State and local Laws¡ ordinances, and enactments, and with all lawful rules, regulations and orders of all regulating agency, or agencies, applicable to Fairways use and maintenance of the premises and operations under this Agreement, including, but without limitation, environmental, water, noise and air pollution control, erosion control, toxic 8 tt;:¡:!:I:::::;:¡:;:;:;:; ~~ .;!~~:~:I~.:-,:;;,~ " ¡~~~m~;¡m;~~::' . .. '. ".: " ':'>!"'~.~¡':i:.o:I~I~~I~:lLt.·.,~",!;, i!N;!:~~ '~~EP\ti~¡i";~'~'õ:"·,;~'·'-, ;',-r,~:: ;:.;; ': :j"<';~': '" ;~J;i\....¡;I;~~!I';';·, ·'·';~·:~;:·1':':L·~Cj' (. ".¡-:.~,t',¡(.¡:\:''b!'~-'-!"~~>; :>'-E'''í''Jo ~ 'i"t.' .¡.~:....' ,,\~ :~I'::~:. :'!";'.~ ::~ y~, ¡":'7, ';¡ :r''::''4:~; 'i~;W.l/,!'r:~~'',,,·~(,~;'''''''~ '¡-, ',,' ~\, 'n"', . I '... ;. .c.. ,;: olI' ~.. "j'; ~'<i: _-"~"__....J''''':''-~~'i """ .... ~.... r'8 I ~ . ! ! ~.,. '..) \j v v waste, hazardous substances and material issues and matters. (f) Indemnify and hold and continue to indemnify and hold Bell Butte and its partners, officers, agents and employees harmless from and indemnify and defend them, and each of them, against (a) any and all damages, claims, costs and expenses resulting from Fairways failure to comply with said Federal, State and local Laws, ordinances and enactments and rules, regulations, and orders set forth in preceding Paragraph (e) 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 arises out of, results from, or is in any way connected with Fairways rights and operations under this Agreement. (g) Indemnify and hold and continue to indemnify and hold Bell Butte free and harmless from and against any and all claims and liens upon the premises for labor or materials furnished to Fairways; its agents, or contractors and shall take all necessary actions to forthwith remove such liens from all public records or otherwise, as requested by Bell Butte. (h) Leave all gates closed, and in those instances where said premises shall cross existing fence lines, cattle guards shall be installed by Fairways in accordance with specifications agreed to by the parties. (i) Conduct all operations hereunder in a fair and reasonable manner, and all necessary precautions shall be taken to avoid damage to gates, bridges, culverts, cattle guards, fences, dikes and other stock watering facilities. All damage to the above-named facilities shall be immediately reported to Bell Butte and shall be forth with repaired by Fairways, as nearly as possible to the condition existing prior to such operations. Any public hazard, such as damaged bridges or culverts, caused by Fairways use of the premises, shall be marked or barricaded, and proper steps taken for the repair thereof by Fairways; and 9 \ ~ f~' ',', !~ ¡-.' j'j!i~ !¡! 7~: -':~! ';::'," ':c, '," ' .' <, : ',j'. . ". a~'~~~:5'a0 .,~'.'"r:;"..>~\"~ 'r: '¡';¡;I;·i';·j·'¡·j·~li'¡·, ' '\i;,:,'~';;,!,Q.:..,,;tl';;1i~' ':""~':·¡'U"\:-f;':·, . "'''':''''''1'1',:''";";':'-"':'·,,,,, .-.·17.'.·,',;·,=, f' fÎ '1,.... r, 9 t, 1 õ- ~ 'l \", \,; \., \.1 V - (j ) Not fence the whole or any part of the premises included in this Agreement, without the written consent of Bell Butte being first had and obtained. (k) Take reasonable steps to control all infestation of noxious weeds on the subject premises as requested by Bell Butte. (I) Take reasonable steps to not permit any dogs or other animals to be kept in the area which could cause any death or damage to livestock grazing on, near or around said premises. (m) Take reasonable steps to inform its employees, agents, and contractors of the presence of livestock on, near and around the premises and of the need for caution when livestock are present. (n) Post and maintain a 25 MPH speed limit sign for all vehicles being operated on the said Premises by Fairways employees, agents, contractors, etc., and take reasonable steps to inform all such persons of said speed limit and necessity of compliance therewith. (0) Keep dust controlled on said Premises caused by Fairways activities thereon as requested by Bell Butte. (p) Concurrently herewith obtain, maintain and deliver to Bell Butte satisfactory evidence of Fairways policy of liability insurance in a company satisfactory to Bell Butte and naming Bell Butte as a co-insured party insuring Bell Butte against all liability, including, without limitation, property damage and personal injury in an amount no less than one million ($1,000,000.00) which may result from Fairways use and drilling and producing operations hereunder and in the area. Such insurance policy must remain in full force and effect for so long as is specified by Bell Butte but not to exceed three (3) years after the termination of this Agreement. A copy of such insurance policy marked Exhibit "F", 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 year hereunder, a written statement from such insurance company that the policy is in full force and effect and Bell Butte is a continuing 10 t ~:¡:¡¡¡:¡*::¡;¡::;;¡i;: :",; I¡I j I.I ' ~, /.', . ,IlW.!~c..~£I¿',',' ~~m;m~mm¡~f¡,::: ..,' .:'¡lil~ll'jli!~I':I~~lí;'¡~¡)'!~\' ',~ '-;!I:r",~, ;;";;';", ~t; .~' ~ .,..:,...._ -:t,' ,~,;~2.E::'\:?""" ,:·:,:·¡j:·i-;:Ó;I;'¡';"';'·. . '. ' ,~»M'f;t=;W~~j '¥'1'\fi·'~'~·': ':'~ ::~·1'~·,~~.i.,':':; ",",',,' ',:? '. .'..:' :' ,'~' :,t.·, !.~¡';t)¡" ¿', ~.~!' ' ,,' '::¡; ",'< ',: 1~:;· 'Í,-:. " :~\' ,~¡' .'~!¡. ~,:' ~: I~:J E: ~~:i S;jJ ,rnr..10·Q \" \,,1 \.J -'- ' proper authorized co-insured party thereunder for each succeeding renewal year hereunder. 9. Upon the termination of this Agreement for any cause or reason, Fairways, at its sole cost and expense, shall surrender the entire premises, to Bell Butte and shall leave said premises in a condition which complies with all laws, including applicable environmental laws, and all other lawful regulations and orders; and the entire premises will be restored and reseeded by Fairways, to its original condition as nearly as possible as soon as conditions permit, the reseeding to be done by drilling with a drill equipped with a depth regulator, to assure even depth of planting. Seeding will be done during the months of September and/or October, or at such other time as agreed between the parties. The seeding shall be repeated ,until a stand is obtained that is satisfactory to Bell Butte. All such restoration and reseeding is to be completed by Fairways in a timely manner using specifications designated by Bureau of Land Management on adjacent Federal Sections and approved by Bell Butte prior to such initial seeding and reseeding. Upon the termination of this Agreement from any cause or reason, Fairways shall also forthwith prepare, execute, acknowledge and deliver to Bell Butte for its approval such document for recording with the proper County Recorder by Fairways, as the case may be, as will fully release and terminate all of Fairways rights hereunder or all of Fairways rights hereunder. 11 t ·...'..." Þ" "i 'I~'~:i!!: ~~~.' ¡, _ 't', ~;~:~,~. ¡ j, " ,~':>,'L ~.."'" .~. ''::',' . ~, ..."-. . '. '.'.~.!,~.~!.~.:,"; --:'. 'ù;;~~'':;:M1I'·;'',''f·!:';':'~·v.,~~,~ ,',~':. '~".:_";: ~ :;','~I": ',' ", ,:r ;.,!.,:: '-', , "''J:¡I:tjfi~, ',: I~: ~:' ;,....:,~.". 1':-;.1"': .." ';';\', f" ;'; ..·) i0~~~.~J~~ ~~~ ..,·.~,__,,,~~·,,..)V ,'. 1"'1 0'1 l.\)tj; 10. This Agreement is 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 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 any 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 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 or to commence steps reasonably designed to cure such default within thirty (30) 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 at the option of Bell Butte, shall forthwith terminate and end and cease to exist, and the subject premises shall 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 the full performance of 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, the provisions of this Paragraph 10, 12 I ~¡FI~illU~ ¡~ili~¡~m¡~~(' '.~. ·'~I~Ó~ì:¡:*~';·: ::'1 , ;: < ' ~':. ~.:;:.::.~. ~; ;( , ,~,,':'~,'~'~1;;~1if.'?;"'(~-"';:",:;~·fi:(' "',;',. .. , ;:!';Qj',~::, , ",; ï. ¡ ',~ ;"::'~.' ' , ; (.., ::' ...'j. t:::' ..' à ,,"' :~ '.,I..::":.--:"',,:"-.t..'i..JV rn¡'-1(O? \.. 1.., ",I .11. ... and Paragraphs 9, 10,11 and 14 of this Agreement, or Bell Butte's right of specific performance with respect to such accrued obligations as hereinafter provided under said Paragraph 11 hereof, and all rights and remedies of Bell Butte hereunder in the event of any default hereunder by Fairways and all of Fairways covenants, agreements and obligations hereunder shall all survive the termination of this Agreement for any cause or reason and remain in full force and effect until fully performed by Fairways to the satisfaction of Bell Butte in all respects. 11. In addition to the provisions of Paragraph 10, above, this Agreement is personal in nature and monetary damages in the event of default by Fairways hereunder may not be adequate, and the parties also agree that in the event of Fairways default with respect to any of the covenants and agreements hereunder on its part to be kept and performed, Fairways shall pay to Bell Butte all costs and expenses of specifically enforcing this Agreement, or in pursuing any remedy, or remedies, provided hereunder or by the statutes of the State of Wyoming, or a combination of any or all of the foregoing, whether such remedy is pursued by filing suit or otherwise, including a reasonable attorney's fee. 12. 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, 13 \ ""'0 '1·~~'·': ~ :f',I:;:I: ':1',' ":,": .',' . ,':', :.':':~: ':.,:, T'''~i:.', _""..:~,;;~:t-<;('t' . t, ; '¡'I' I!~!.!I~;!'~~',.~, ,~ :. ·'.:'.....,£,'~"'jl"" '~.., "or ':'~n<; ::;:';';~'.' .. '.','..,' ., . r:;,;·... ;.~n:¡:¡;.:¡:',!'~¡:; ,;" ':':"':';¡;';\" ' '~-" "J r·-;¡,·',f 'J~' ~ ...~/.;:] '.1 '-I (' ;'ì ('t .? r, 3 \" ....l \,~ ..It l.: 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 "force majeure" 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 or order imposed by a governmental entity that suspends the activities contemplated hereunder. 13. Notwithstanding anything contained herein to the contrary, it is agreed that this Agreement does not an 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 renewal 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 9, 10, 11 and 14, and all other applicable provisions hereunder, shall 14 r::~::::::::::::::;~:;¡;" ~ ~i'¡'I'.';·.I.t 'i ~':£,!.,~~t.!,¡~.'.. <'.',; ¡¡1j~~~~~F "\>';'.';'.'~'.~!,~¡: :¡;-.:;:,,;~,~;.,' ~.",,!'·',~;-"~,1: ;:",<, :;;;.",;',' I.": ~ ",J"?'µ, ,~:;~~ ,'; ,' '.'I'.~.'."~ ~" ""f::~H"';"f',;'t;¡-:¡ " :'!,,;~,..:./~.;, "1,; "':'-';""'''-;':;;',' -' '1.. C': ,~: <lI'.;.~, i;j.~' .'" ~-, '-7 "'-' ~,¿, to.4' \ ~ rl\~.~ n4 \.' t.J \.1 )ì. ti' forthwith apply to the entire Premises so relinquished and surrendered. 14. Fairways shall have ninety (90) days after the termination of this Agreement to remove all of its personal property, if any, from said premises. 15. Fairways shall not have the right to use, and shall not take and use, any water from said premises above described during the entire life of this Agreement without the written consent of Bell Butte being first had and obtained. 16. Notwithstanding anything contained herein to the contrary, this Agreement shall forthwith terminate and end upon said premises no longer being required for the purposes aforesaid by Fairways. 17. This Agreement shall be recorded by Fairways in the records of the Lincoln County Clerk and Recorder, Kemmerer, Wyoming, and the Uinta County Clerk and Recorder, Evanston, Wyoming, and a copy of said Agreement showing the recording dates thereon furnished to Bell Butte on or before November 10, 2005. 18. Any notice contemplated to be given to Fairways or Bell Butte shall be in writing and shall be mailed in the United States Mail, Registered or Certified Mail, Return Receipt Requested, at the addresses of Fairways and Bell Butte above set forth in the 15 t ·. '" ".I~,,;r;T>ri~',~!ili;·:;; ':ó;q,i,' ~:, 'Jl,;:rJ¡~,-, '.:'';,'.Js:,~,'I',;::W'r~:;"",-",,,,~,;~:.,¡,.:'''~,,:'- .-. ,.' ''''',:''~',\,,~,.,,'t~' )7' . . ',J,:';<.'l"':'~'~' '<';'::'JI)t:j;i1': j':':ó:("'. ""'-h'·'t'~''¡'¡<'Jt¡;-r,~ ''-'''!'ï :7·,';t:,;·~:<,· ,~,"::, '~";;;,:'~,' - '.' "~','" (':~:';':'j'i~.',:.¡~!;" 'J-!'Jí!·,"; . "<;,'. G.;"~"'r,,; :'" ' " t-.(:~ t .,~) ~"k·-;)":'4 ,-'.~ '_'JL.~oIo..-!. jv r'n0'~(¡5 \.. ,.1 ,../ .\.. V first paragraph hereof, and shall be effective and complete upon the date of posting and mailing. 19. 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 Agreement. 20. Time is of the essence of this Agreement, and of each of the terms and conditions hereof. 21. 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 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. 22. This Agreement shall be governed by the laws of the State of Wyoming and the parties agree that venue and jurisdiction hereof and hereunder shall be either at the District Courts of Uinta or Lincoln Counties, Wyoming. 23. 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 of such 16 I 'I::::~:::::::::;:;i ::; ¡!...I..,!\ ...'... '.... l\¡!;:~~.~.'¡>,·.· i~~~~~~~m¡i¡~: ",I:,;ó;I;I:';~:9:,·,,' , . . " )";';'.';';';', 1:,':'_, "', " ';' ¡', ¡', ';; ~;t· ~" ' , ,) ':';:' --:: . " '. """';", ';' ,!.' J~ ,','..' 'f... ,,"·f.,.e,: ;; ...... t- '.', ,< - '-' '-',,:, Q ,,]\.$ r (ì C·' .(', 6 ~.,~) .i .i.. l,; 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. 24. Subj ect to the provisions of Paragraph 2 above, the terms, conditions, and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their successors and assigns. IN WITNESS HEREOF, 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. Tax Identification No. : Bell Butte: 87-0424682 Bell Butte Livestock Grazing Partnership, a Limited Partnership By:fÆLtJ AL, ~ Its Managing General Partner Fairways: Fairways Offshore Exploration, Inc. a Texas Corporation ~rtle ~ 17 f ¿'.~~, . ,,~ .···..···.\·á/ ' ~ ~'v... A ,...~.' A. ...,. ,,,t ,,. ~y .:: ~.. '" () ""'\.~ ' ;lJ.J:', ... . . =\JJ: ? c{- \ ..y . ':.-::, ~:..... ':' ,//f/4t.. . ~ nl... .',".).f>C. . ',\J., .'.,".!' . '1 ",1,........,:::/ (1"'1>: ... , "~"'t.Mu. ::,!;~¡~¡~òr~¡~I!.t;:;~, ':' ~., ,,,: . ",,~;,::,"!'~~ ,,:,:' <:~.' . ~ .(, ~¡ ~'.,. >-. .. .,..",..E'. ,J ... '-_ ~ ;',,~ '-' ~~'¿~';'..t- ,~j-.j ", '. ..'. ',I.~,·':I~ ~ : ·I:. , .::- ;,~,~~ ~~.-:'¡i:'f·x~:~'" : ::::...,,~: ''. <~;.¡.;. '..··;,t'::; 'I ~..' ., . .';:,:;;i;~:è'.~/i'~~: ';:"'~':':':;;':';';' ,.. !Î ,.....1 1"; 7 \., ',) ti -l U STATE OF UTAH SS COUNTY OF SALT LAKE /i~The forego~gs instrument was acknowledged before me this -º-, day of UL-~, 2005, by .~ ~ ,Managing General Partner of Bell Butte Livestock Grazing Partnership, a Limited Partnership, on behalf of said Limited Partnership. WITNESS my hand and official seal. ~~~\~ NOTARY PUBLIC Residing at Salt Lake City, Utah @),"EDWARDM.SOWN i'll, NOTARY PUBUC. STATE OF UTAH I ,- u'n EAST ClAREMONT WAY , ", ... u.œ~ ur 841 My Commission expires: ~ ;11', ~ÐtJ7 ~ STATE OF \-eX/t.5 \ \. SS COUNTY OF lìf(1(1~ Before me, the undersigned author~ty, A Notqry ,~blic in and for said County, personally appeared ~.t2. ~O L·l 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 State, 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. 18 t UmiliI![;I ~", .'.,".' . ¡~~;~mili*~;f@Im f.~¡1~~~i~;:;~~~¡ '~(f~1t~~H~~t1;t ',.r'. ·,:"".t·:-:-'M"~1I"~]!IJ;:-;',,':~:¡J'-1i"'~~ji;,,~.;·-,\"':::' o,;:J'(,1;;'(;n';¡~~~;?:!,,",;'-:':~.>',~";:;':L".'~, '1'.::;' !....i :<~'~r~.o:-:"'.;:", .- .' < 4~"·V:>¿c'::;·:- ;).·':¡;;':!:'~'''.:;.¡';~I; , "iiI:;.':...:·.'~n:~tJJ6.'I'.P,",~,",';¡':~:::¡¡~;"..:,:~,~,,;,:- v:e:,"o"l';-\,,' ','" ., :""·I";·.~.'~i',:~~.IU',"".¡ ',,::',;';,' ·;:';:',,".\f~:;!;..:¡';,' . t,e- : ".. t:" ,,' .', ., 1 .".. ,-' ~'",,:...I ,.1i~, r !Î 0'~ (¡ 8 \.. \..) ...i .!. U ~TNESS WHEREOF, I have hereunto a af i d my notarial seal of 0 ic Qt.I'- I 2005. My Commission Expires: c:\data\Bell Butte\agreements\accessrd fairways. ~ set my offici this the signature day of 19 \ '~ "..~ -~~~,5:]3 <t ACCESS ROAD -- 1/4 P.O.B. u . N Z d !" ¡¡:; !" 0> co ëo N co !" "'. ~ <Å .¡. ..... CO U> IV .¡. f" "!. ~ Ó ~ .,. U> ~ ::::! ú. CO mpi u C\ u ~.¡. U 0> uJ (l]ú 0, f6 N..... u. lOa, ~ ... .¡.. Z Found 1909 GLO Brass Cap (typical) ~ ~ W!~~~~ I 0 ~ i; 906 Main Street Evanston, Wyoming 82930 Phone No. (307) 789-4545 Project No. 05-43 Date: 6/23/05 ~ 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. r(ìC~'~(>9 '-'....J I J;. \,1 SS9'1S'SS'E, 2656,41' ... It! T'" ~ N60·1S'52"W, 486.28' N72·36·45"W. 513.40' ..\)\... ..ç.r;/ "'Ù~/ 3Ù~iÕÞ-\) ~ &1 CO C\ ~ f\i ~ ------ N20·26'22"E, 196.84· N28·44'11"E, 388.03' N35·37'25"E. 185.S8' N45·24·46"E, 144.46' N5S·22'06"E, 199.77· N62·35·30"E, 340.51" I SECTION 21_ _ _ _ _ _ T17N1 R119W I I I I I I 1/4 OWNER: BELL BUTTE GRAZING (all of Section 21) Legal Description A tract of land located In the SW1/4, and the N1/2 of Section 21, T17N, R119W, 6th P.M., Uinta County, Wyoming, said tract being SO.OO feet wide, 2S.00 feet on each side of the following described centerline: Commencing at the Southwest corner of said Section 21, thence N 00' 57"S3" E, 1823.69 feet along the West line thereof to the Point Of Beginning; thence N 62'42'09" E, 437.64 feet; thence N 71'08'34" E, 333.83 feet; thence N 60054'5S" E, 471.16 feet; thence N 62°56'31" E. 453.53 feet; thence N 52°34'09" E, 196.76 feet; thence N 57°06'47" E, 326.88 feet; thence N 62°35'30" E, 340.51 feet; thence N 55°22'06" E. 199.77 feet; thence N 45°24'46" E, 144.46 feet; thence N 3s037"25" E, 18S.58 feet; thence N 28°44'11" E, 388.03 feet; thence N 20°26'22" E, 196.84 feet to the IntersecUon of the Whitney Canyon and Bear River Divide Roads; thence N 72°36'45" W, 513.40 feet; thence N 60015'S2" W, 486.28 feet; thence N 47°37"25" W, 531.56 feet; thence N 35°58'23" W, 417.09 feet; thence N 31°17'40" W, 294.04 feet to the Point Of Ending, said point lying on the North line of said Section, N 89°18' 58" W, 1443.93 feet from the North o~uarter west comer thereof. Said centertlne being 5917.36 feet or 358.628 rods, more or less, In length. The sidelines of said tract are to begin and end upon the same line the centertlne begins and ends upon. Map to Accompany Fairways Offshore Exploration, Inco Whitney Canyon & the Sulphur Haul Road EXHIBIT "A" Access Agreement across the swi, and the N~ of Section 21, T17N, R119W, 6th PoM. Uinta County, Wyoming 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. II ~1m~i¡mmmlt¡¡~¡;i OWNER: Bell Butte Grazing Partnership (all of Section 17) ------ § ~ o I ~ ~ æ z; Certificate of Surveyor STATE of WYOMING) COUNTY of UINTA ) 88 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 PREPARE THIS MAP BASED UPON DATA PROVIDED WITHIN "EXHIBIT A" OF THAT CERTAIN ACCESS ROAD AGREEMENT LOCATED IN BOOK 444 ON PAGE 443 OF THE UINTA COUNTY RECORDS; THAT TO THE BEST OF MY KNOWLEDGE AND BELIEF, SAID DATA IS ACCURATELY REPRESENTED HEREON. ',~~fi~¡~mm~~j? I I I I I I I I SECTION 17 T18N, R119W ------ € ACCESS ROAD N17"04'06"E, 247.41' P.o.E. P.o.B. NOO"08'47"W, 1431.66' Legal Description A tract of land located in the NE1/4 SE1/4 of Section 17, T18N, R119W, 6th P.M., Uinta County, Wyoming, said tract being 50.00 feet wide, 25.00 feet on each side of the following described centerline: Beginning at a point lying on the East line of Section 17, T18N, R119W, bearing N 0·08'47" W, 1431.66 feet from the Southeast comer thereof; thence N 12·53'13" W, 332.02 feet; thence N 17·04'06'· E, 247.41 feet, more or less, to the Point of Ending, said point lying on the East line of said Section 17, N 0·08'47" W, 1991.90 feet from the Southeast comer thereof. Said centerline being 579.43 feet or 35.12 rods, more or less, in length. 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. Bear River Divide Road Access Agreement across the NE~ SE~ EXHIBIT "B" of Section 17, T18N, R119W, 6th P.M. Uinta County, Wyoming ~l\TC1t \I\I~~RVEYING 906 Main Street Evanston, Wyoming 82930 Phone No. (307) 789-4545 Project No. 05-43 Date: 7/08/05 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. t r n C·" ;¿J 1 I......J 1 ~t 1 · , rl.·· ~', "¡'}. fr*!o ..' ,;} ,,:;" L . ...' ....~ OWNER: Bell Butte Grazing Partnership (all of Section 9) ------ SECTION 9 T18N, R119W ------ P.D.E. fi ACCESS ROAD I N13·56'59"W, 1831.02' 705.24· 589'55'04"E P.D.B. ~ Legal Description o ~ A tract of land located in the W112 SW1/4 of Section 9, T18N, R119W, 6th P.M., Uinta County, Wyoming, said tract being 50.00 feet wide, 25.00 feet on each side of the following described centerline: o I § Iii æ 6 Beginning at a point lying on the South line of Section 9, T18N, R119W, bearing S 89°55'04- E, 705.24 feet from the Southwest comer thereof; thence N 13°56'59" W, 1831.02 feet; thence N 28°21'21" W, 538.81 feet, more or less, to the Point of Ending, said point lying on the West line of said Section 9, N 0°12'24" E, 2250.17 feet from the Southwest corner thereof. Said centerline being 2369.83 feet or 143.63 rods, more or less, in length. The sidelines of said tract are to begin and end upon the same line the centerline begins and ends upon. 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 PREPARE THIS MAP BASED UPON DATA PROVIDED WITHIN "EXHIBIT A" OF THAT CERTAIN ACCESS ROAD AGREEMENT LOCATED IN BOOK 444 ON PAGE 443 OF THE UINTA COUNTY RECORDS; THAT TO THE BEST OF MY KNOWLEDGE AND BELIEF, SAID DATA IS ACCURATELY REPRESENTED HEREON. Map to Accompany Fairways Offshore Exploration, Inc. Bear RIver DIvIde Road Access Agreement EXHIBIT "e" across the W~ SW~ of Section 9, T18N, R119W, 6th P.M" Uinta County, Wyoming 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. ~nTcn W~~VEYING 906 Main Street Evanston, Wyoming 82930 Phone No. (307) 789-4545 Project No. 05-43 Date: 7/08/05 .'. t mItij~~!imm~ . [; :: ",' !J.'-.: ;~l~mm¡m~;¡~i: r !Î n .~ 12 -.. ~.i \) .(. LOT 8 I LOT 5 I I I I . I I I I 1 I --____L______ ______~______ I I I I SECTION 5 ------ T18N, R119W ------ I I I LOT 7 LOT 6 OWNER: Bell Butte Grazing Partnership (all of Section 5) ,w rn Y1 '" 00 <:, z NBB·SB'22"W. IS65.00' ï ACCESS ROAD N62·17'OS"W. 670.70' NBB'S8'22"W. S36.12· ro '" N62·10·37"W, 296.91' 589·43·37"E P.O.B. § Legal Description A tract of land located in the S1/2 of Section 5, T18N, R119W, 6th P.M., Uinta County, Wyoming, said tract being 50.00 feet wide, 25.00 feet on each side of the following described centerline: ~ I § ~ æ ~ Beginning at a point lying on the South line of Section 5, T18N, R119W, bearing S 89°43'37" E, 1477.03 feet from the South one-quarter comer thereof; thence N 62°10'37" W, 296.91 feet; thence N 44°20'20" W, 703.55 feet; thence N 65°47'20" W, 753.60 feet; thence N 88°58'22" W, 1565.00 feet; thence N 88°58'22" W, 536.12 feet; thence N 62°17'05" W, 670.70 feet, more or less, to the Point of Ending, said point lying on the West line of said Section 5, N 0°56'59" E, 1281.18 feet from the Southwest corner thereof. Said centerline being 4525.88 feet or 274.30 rods, more or less, In length. Certificate of Surveyor STATE of WYOMING) COUNTY 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 PREPARE THIS MAP BASED UPON DATA PROVIDED WITHIN "EXHIBIT A" OF THAT CERTAIN ACCESS ROAD AGREEMENT LOCATED IN BOOK 444 ON PAGE 443 OF THE UINTA COUNTY RECORDS; THAT TO THE BEST OF MY KNOWLEDGE AND BELIEF, SAID DATA 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. Bear River Divide Road Access Agreement EXHIBIT "D" across the S1/2 of Section 5, T18N, R119W, 6th P.M. Uinta County, Wyoming 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. ~ (i'ittnTcn ""SURVEYING 906 Main Street Evanston, Wyoming 82930 Phone No. (307) 789-4545 Project No. 05-43 Dale: 7/08/05 \ ,}.C:: I', :t;," -'"J " '- - '-. ~."·.)v r()f'.., ~ f) \,. ,) t, ~... 1 .) LOT 5 I I I I I I LOT 6" - -I I I I I I I SECTION 19 LOT-7-¡---T19N, R119W P.O.E. I I NIS'OS'04"W, 666.60' I I I ----_J P.O.B. I I I I I I I I OWNER: Bell Butte Grazing Partnership (W1/2 SW1/4 Section 19) ------ LOT 8 € ACCESS ROAD I N26·19'09"E, ·r7.24' N2619'09"E. 453'r' I NI0·20'22"E, 837.99' N89"! 4'S9"W, 4336.26' ~ Legal Description A tract of land located in the E1/2 SW1/4 of Section 19, 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: 2 o I ~ æ ~ Beginning at a point bearing N 26°19'09" E, 453.35 feet from a point which bears N 10°20'22" E, 837.99 feet from a point on the South line of Section 19, T19N, R119W, which is N 89°14'59.' W, 4336.26 feet from the Southeast comer of said Section 19: thence N 26°19'09" E, 477.24 feet; thence N 18°08'04" W, 666.60 feet, more or less, to the Point of Ending, said point lying on the line between Lot 7 and the NE1I4 SW1/4 of said Section 19. ~ Said centerline being 1143.84 feet or 69.32 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 1 AM BY OCCUPATION A PROFESSIONAL LAND SURVEYOR EMPLOYED BY FAIRWAYS OFFSHORE EXPLORATION, INC. TO PREPARE THIS MAP BASED UPON DATA PROVIDED WITHIN "EXHIBIT A" OF THAT CERTAIN ACCESS ROAD AGREEMENT LOCATED IN BOOK 444 ON PAGE 443 OF THE UINTA COUNTY RECORDS; THAT TO THE BEST OF MY KNOWLEDGE AND BELIEF, SAID DATA 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. Bear River Divide Road Access Agreement EXHIBIT "E" across the E 1/2 SW:;J- of Section 19, T19N, R119W, 6th P.M. Lincoln County, Wyoming 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. 906 Main Street Evanston, Wyoming 82930 Phone No. (307) 789-4545 Project No. 05-43 Dale: 7/08/05 I ~!m~lli1¡¡¡{/' A.COBD,.. CERTIFICATE OF LIABILITY INSURANCE PRODUCER (832) 295-0000 Lary Insurance Services, Inc. 12000 Richmond, Suite 300 TX 77082- Houston ------ INSURED Fairways Offshore Exploration, Inc. 13430 Northwest Freeway Suite 800 Houston TX 77040- COVERAGES INSURERS AFFORDING COVERAGE .._---,....---..-~_._-------- NAIC# -.----"'--- ..----.---------. !tê!&.~~.Le_~_~9.to!!....l.~~E~1"!~f.~__ IN~___________. _____ !~'!.y.!!!'_'!_ç~.___.____..____._________ .INSUIiER.!L..____ NSUI~ER E: --_.._-----~.._- -~----_._-_._,--- "-~_._- THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY, PERIOD INDICATED. NOTVlATHSTANDING ANY REQUIREMENT. TERM OR CONDITION OF ANY CONTRACT OR OTHER OOCUME;NT VlATH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN. THE INSI:lRANCE AFFORDED BV THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS. EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. _AGGREGATE LIMITS s..~Ii.~HAVE ~§~§PUCË.9 BY .!>AIQ.~L-_¡¡sõIìëŸËt~ iœVìoo>mA1fõ¡'¡ : ..---.---,---- IN.!I~ ADD'L I V ~ I E P A lTR NSRD TYPE OF INSURANCE POLICY NUMBER DATE (hlM/DDNY) DATE (MM/DDNY) liMITS A GENERAL LIABIUTY / / / / : ~ACH OCCURRf,NCE $ 1,000,000 t-- ~~~gU?E~'ifJ.:~~"œ) I~ 3MEHCIAL. GENERAL I.IABllITY $ 1,000,000 CLAIMS MAf)I' [KJ OCCUR 1296606 08/07/2005 OB/07/2006 ME D EXP (A'w o"e por",") $ I)Ef~ONAL &AIYV INJUIW $ 1,000,000 i-- / / / / GENERAL. AGGREGATE: $ 2,000,000 r-- ------:-::-:- Iill AGGI~EGATe LIMIT ^FlS PfR "¡¡OOUCTS,. COMI'IOI' AGG $ 2,000,000 X POLICY n ~~% I.OC / / / / Pollution UllOA) 1,000,000 AUTOMOBILE lIABllIlY / / / / COMI!INF.lJ SINGtE I.IMIT r-- (r:.nr.rJdIJr1) S ANY AUTO r-- / / / / AU OWNf;Q AU'IOS BOI)IL Y INJURV r-- :Pe· pArson) $ r-- SCHEDUlfO AIJTaS HIRED AUTOS / / / / 60DII. Y INNRy t-- (I'", occide"t) $ t-- NON'()VIA'IEO AUTOS I-- / / / / PllOf>ERTY DAMAGE ¡r'or n<<,.ide"t) $ GARAGE LIABILITY AlITO ONLY· E:AACCmENT $ ==¡ ANY AUIO / / / / OTHI:H TKO.N EAACC $ -- AUTO ONLY' AGG $ EXCESS/UMBRELLA LIABILITY / / / / EACH OCCUlmENCe $ :J OCCUR D CLAIMS MAI)f. AGGIU;GATE S $ q OEl>UCnBlE / / / / $ RE1'fNTlON $ $ WORKERSCOMPENSA110N AND / / / / 1,"X~~ItJHs I IOT~. EMPlOYERS'llABIUlY Ef ANY PROI>RlHORlr>AIHNEIVEXI¡ Cl/IWE E.l.EACI1ACCmENl $ Qf¡:ICERlMEMß"I~ EXCI.UIJEQ? / / / / E l DISEASE· Ell í1MPlOYH $ It Y SA. cJBlc:.riba uncJe, srE CIAI, PROVISIONS below Ii l. DISEASE· POt ICY I.IMIl $ OTHER / / / / / / / / / / / / DESCRIPTION OF OPERATIONSfLOCATIONSNElilCLESlEXCLUSIONS ADDED BV ENDORSEMENT/SPECIAL PROVISIONS Sell Butte Grazing- Partnership is named as additional i.nsurad. . CERTIFICATE HOLDER ( ) CANCELLA TION SHOULD ANY OF THE ABOVE OESCRI! ED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAil ~ DAYS WRITTEN NOTICE TO mE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT FAILURE TO 00 SO SHALL IMPOSE NO OBLIG OR liABILITY ANY IND UPON THE INSURER, ITS AGENTS OR REPRESENTATIV AUTHORIZED REPRESENTATIVE Eell Eutte Grazing Partnership C/O Edward M. Erown 1015 East 3900 South Sal t Lake Ci t UT 84124- ACORD 25 (2001/08) f1l .w· INS025 (0108)05 HrClRONJC I.ASFl1 FORMS. INC· (BOO}3?7.o!>45 Exhibit "F" (1 pages) c,.(" . 't "; c;.' ,~ ~ J. ~.J.-.:,'---:....J''''¿~ ~- . ·~~rÎ~, . ,'.',...,...,.,'....,,', ··.'.·'·¡'I·".',·,·.··. Iill:i. . :.::::;::::::::~:;::::: (' 1\ f".., " tt I.. ~) t, .i. 1 \J 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 Polley 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 ORIGINAL f:¡l~~¡ili¡¡¡j¡¡::: '/Î1~o~.,ure I