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HomeMy WebLinkAbout935779 and IUfecti.ve January 6, 1998 STATE OIL AND "... RYOMING GAS LEASE Lease Jr. U/-'..·_.... Parcel # 561 Fund Code: CS Form Approved by tJ This indenture of lease and through its Board of Land entered into by and between the state of Wyoming, acting by Commissioners as LESSOR, and the following as LESSEE: ",i;j!:-t",c ",';, Fitzshffrnons, tEG- 000008 Section 1. PURPOSE. The LESSOR, in consideration of the rents and royalties to be paid and the covenants and agreements to be kept and performed by the LESSEE, does hereby grant and lease to the LESSEE, the exclusive right to drill for, mine, extract, remove, and dispose of all the oil, gas and associated hydrocarbon substances and gaseous substances and elements produced therewith, including sulphur, hydrogen sulfide, sulphur dioxide, nitrogen, carbon dioxide and helium, which may be produced from the following described land, to wit: lò All Section: 16 Township: 20 North Range: 116 West of the 6th P.M. County: Lincoln Acres: 640.00 $640.00 ($1.00 per acre or fraction thereof) Together with the right'of ingress and egress and the right to use so much of the surface of said lands as is necessary to construct and maintain thereupon all works, building, plants, waterways, roads, communication lines, pipe lines, reservoirs, tanks, pumping stations, or other facilities necessary to the proper conduct of opèrations there under. Section 2. TERM OF LEASE. This lease shall become effective on the day and year set out below and shall remain in effect for a primary term of five (5) years and for so IÖng thereafter as leased substances may be produced from the lands in paying quantities. This lease may also be extended beyond its primary term in the absence of production of leased substances as may be provided by the statutes of the State of Wyoming and the regulations of the Board of Land Commissioners adopted pursuant thereto. Provided, however, if drilling, completion, testing or reworking operations are being diligently conducted, either during the primary term or during any extension thereof, this lease shall continue in full force and effect so long as such operations are being conducted and so long thereafter as o£l or gas may be produced in paying quantities. This lease may be relinquished or terminated at an earlier date as herein provided. Section 3. If the LESSOR owns an interest in oil and gas in said land less than the entire fee simple estate, then the royalties and rentals to be paid LESSOR shall be reduced proportionately. Section 4. LESSEE expressly represents that, if an individual, LESSEE is a citizen of the United States, or has declared an intention to become a citizen, and is over 19 years of age-and if a corporatîon, is duly qualified to transact business in Wyoming. Section 5. This lease is issued under the authority conferred by Title 36, W.S. 1977 as to the State and School Lands, and Title 11, W.S. 1977 as to Farm Loan lands, and shall be subject to, and operations by LESSEE hereunder shall be conducted in compliance with the specific lease terms set out on the reverse of this lease, and with all applicable state statutory requirements and the regulations issued thereunder, including those providing for: the leasing of State or Farm Loan Lands for oil and gas; the conservation of oil and gas; and the regulation of security transactions. Section 6. HEIRS AND SUCCESSORS IN INTEREST. It is covenanted and agreed that each obligation hereunder shall extend to and be binding upon, and every benefit thereof shall inure to the heirs, executors, administrators, successors of, or assigns of the respective parties hereto. Section 7. SOVEREIGN IMMUNITY. The State of Wyoming and the lessor do not waive sovereign immunity by entering into this lease, and specifically retain immunity and all defenses available to them as sovereigns pursuant to Wyoming Statute 1-39-104 (a) and all other state laws. IN WITNESS WHEREOF, this lease has been executed by LESSOR and LESSEE to become effective on the 2nd day of, October, 2007 A.D. LESSOR, STATE OF WYOMI~G,~Acting . y aJd through its Lessee Signature: . .." ,:.: ,,;~1¡:;::'~"ø B. Address: ---------- Investments City: State: Zip: Phone ~------ ------ ----- 1'.,:, ,: '. --\ .~r.;IO.¡11·1 L. Kenr¡edy---------- II ,'. '. J .' 'i " :, ,,1 . , '.', "". , 2201 Cabin Court ' Gi¡'¡ett0, Wy 821'1 B·,~)244 1-307 -686··3158 RECEIVED 12/26/2007 at 10:12 AM RECEIVING # 935779 BOOK: 682 PAGE: 8 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ..' I ..;,,:.~ " c, ,\,.-.. ..."., f_",;; "', ...'.~ I , '. " ..., :.;.o,~,...,<i. ". OIL AND GAS TERMS ".----.. .------- SedIon 1. THE LESSEE AGREES: (8) BONO. To lumilhabond _ an B I II1Md aJI IOI8I8l1U18ty.........y.- \0 transact buslr.-In the SIafe tlWyomi1g.... ouch oIWlUII!Iy as may beacœplable 10 the --. In the penal sum as requWed by the CUII1IIIt JUles tllhe SIafe Boøn tllMd CA\.g.............. ~ \I IOIIthe payment tI 81 ....1aIs _ qøIIes aa:roIng 10 Ihe lessor under the terms henIof. and upon the full mmpIanœ tI 81_ terms - cøndIIIons 01 this ...... and Ihe JUles _ NI UIoIIIona 18IaIInII ........ _ alSO ~ on the payment d aI d8m8 8S 10 the surfaœ and ~ - wher8 the lease - lands Ihe surfam tI which has been &Old II' otheIwise Iøas8d. Suc:II bond ... bcInds fumIIIhed pIIoI' 10.... dIMIapmenI tllhe lands œnlalned In this ...... may be InaIIIISI!d In ouch ___ amounls as the ........ may decide \I IOII COIIIIII8II1:1!1118111 tI dra1g opeIBlIons and after the dIsc:ooøy tI 01 oroas- (b)pA YMENTS. To maIc8 81 pa~ aa:roIng hønImdør III .... 0IIIœ tI S_lands and __. 122 West 25th SIIeeI. Cheyønnø. Wyoning 82002-0600. (e)RENTAlS, PrIotIo the dIsc;Ovørytlol or gas In payIng...- to pay the __1nadvanC8. begInnIng_ lIe"'-_ h8I8CII. anlll1llUOl1 rønla' 01 $1.00 peraaeorlracllon 1henIof. After the dIsCIW8Iy 01 01 or gas In paying quanIiUøS 10 pay l1li ........In advance beginning _ the list day tithe 18818 yøør IIIICCeØdIng the Iøase year In wIùch ac:IuaI dIsc:ooøy.... made, an _IAItIIaI tI $2.00 per acre or lradlon 1hBnIof. ..... dIanOe!IIoW IIJIMR18IIl Suc:II relllallO pøId for any one yøør shall be aediIed on ... JOyBIIy lor thai yøør. Annual rønllils tin aI.....'ihoII be pII)tIbIe In _ for the IinII year and øød\ year therøøfIør. No noIiœ tI....taI _ shall be sent 10 the Iøs5ee. lithe AItIIaIIs not paid on or betonIthe dale it -- -. notIœ 01 _uII will be senllo Ihè _.·'anìI a pønaIty tI SO.SO per aae lor late pal'lll8l'lt will be assessed. The _ Is noIløgaIy obIIgIIlIId to pay _ the ranIaI or the pønaIy. buill the AItIIaI end penally ani not paid wIIhIn IhIrIy (30) days _the noIiœ 01_ has been nocøiIIed. the - wit - automatically by opeIBlIon of Iøw. Teamlnatlon tI the _ sha_ not_ Ihe _ of any obligation IncuIr8d under the _ __ the obligation to pay røntal or penalty. The _ shall not be _10 a aedIt m ~ _lor any penalty pøld for lale paymønts oI....taI on an opøraUnø _. (d)ROYALTlES. The~lobepaldby_""': (I) On 01. 0I'IIHiIdh 01....1 procb:I8d. 1IMId. _ &Old 110m said land. .... _10 be œø-ed at Ihe _ or to the CI8dII tllessor Into the pipe IRe 10 which \he wells may be COIWICIBd. (II) On gas. Inc:Ullng C8SW1g_ gas or _ h)OoCallXln _. produœd 110m IBid land _ _ &Old or _ off the __or In the manufac1ur8 of gasofine or _ pmducIs -. Ihe -...... al.... _ 01 011&-_ of the gas 10 &Old or-' II'D\IIdBd thai on gas _ Blthe _. the myaIIy shall be __ of l1li amount I8IIIz8d 110m sudlsaIø. (iH) On al oIhør h~ tI__ gasøous ____ and __ JIIñJœd or eJdIaCI8d.1nduding propane. butane. sufphur. nIIrogøn. carbon dioxIdø. - høIIum, at sudI royally as shall be -1Iy døtørmIned 10 be fair _ ftIBIDI\8IJIø. (Iv) Far ~ ~ on oaø and __ gasofine'" value shal be as B ! I1MId by lhelessor. and In 1III-....atIon tithe _ tI naIu13I gasofine Ihe fair COllI d - - be ...- as a dødùc:IIbIø 118m: pmvIdød. _.!hallhe _ forlhe COllI tI_...y III<œIId -.ø.In:Is tI the _ or value only on B IpI1IVBI tithe Iessorand In no e"",,1 shall the pñœ foroas- or - pmIIne. be less... ....111IC8\Wd by the Unlled Stale tI_ for.......1Iom the same IIøId. (v) Nalulal ges and 01 aduaIy .- for CIf*'IIInII ~ \I IOII ....Iand In!. tII<œ II as to the ...-te sale Ihøreof. ges or IquId hydn>caItJons _10 .... sand for IIIImuIIIIIng Ihe prodddIon tI 01 ar.-.claty I8CO\IIIIY purposes shall be royally Irøe. (e) DISPOSITION OF ROYALTY OIl AND GAS. To _ to the __. ar to sudllndivldllal. firm or cooporaIion as the lessor may designate, 81 royalty oft. gas. or - _ ~. """ 01 dI8Igø on the premises whørø produœd, or. al the opIIon tithe lessor. and In leu tI said myaIIies In kind. the lessee agrees 10 pay Ih8 __the _ mallcel price or value 01 al myaIIy 01. ges. or - _ hydrocaJbons procb:ød and - When !he __ elects to lake lis royally oft. gas. or oilier hydmcalbons In kind such as oi~ gas. or _ _ hydrocarbons shan be good møn:hantable 01. gas. or __ h~. The - shalll neœssøry fumlsh slorage for royalty 011 free 01 chal1le for IhWIY (30) days after the end 01 the calendar month III v.t1k:h the ollis produœd, upon the I88sed II8IIIisas. or at the sud! place as the __ - the lessee may mutually agree upon, pnwIded. thai'" Jassee shall not be held liable for lose or -.ctIon tI royally oil 10 sIonId from ...... be)IDnd his mnIIDI. The """ sIoIage tI 01. as herein II'D\IIdBd. shall apply only as long as the said oft Is the PI'-'Y of the --. (I) MEASUREMENTS OF PROOUCT1ON. To gauge. møaIUI1I and 00II'8CI for I8mpø1aIunt an prodUcIion 110m said lands In confonnance with \he NIes and regulations adopted by the BoanI tlland ComnissIonenI and report said prodUcIion to the ........In accordance th..--. To keep _. ntmrds. and reports pørlalnlng to the pmdudIon 110m the land herein I88sed as wen as Ihos8 pørtainIng 10 the production from offset wells operated by the lessee. his operalol. or ~ on _lands. whICh shan be opened al aU _lor thelnspadlon tI any duly authorized agenl 01 the lessor. To furnish the _.... añgtnaI pipe..... reports st.-.o the clay, month. yøør. amoun~ gr.MI/es. and I8m 181aIlns tI 81 011 run end with ..-tv reports shøwfng the month. V-.1IIIIIIUI1I. and price tI an ges and nalulal ges gasoline and _ procb:ts procb:ød and _110m the land henIIn _. _ the amounl tI ges IllllJm8clIo .... sand, (g) MONTH.. Y PAYMENTS AND STATEMENTS. Un*s the time tI paynwtlls oIIl!IWise øodønded by the 0CIIce 01 Slale Lands end In_IS 10 make paynwtl on or beIont the -- (20111) day tithe caIøndar - sucœødlng the monll 01 prodUcIion and removal and sale tI 01 and gas 110m said land. and 10 furnish sworn monthly _Is IIØffIWIIh sI.-Ing In delal the quantity and cpIIIIy tithe pmdudIon (per - II røquirød wher8 pmcIical) 110m the land hørøby leased. _the quønIIIy and quality tithe production (per weft wheIe practical) 110m offsaI_ upon œmeItng or contiguous land opøraled by the lessee. his operaIOr' or sub-Iessee and sudI_ IIIlonnatlon as may be caIød lor In thelonn or ftI IOII ~ by lessor. (h) WElLS TO BE DRIlLEO. To drtII_ apøraIB efføcllvely 81_ necessary 10 ~ offset WIIØø upon and produdlon from adjoining lands. To drillsud! addiIIonIII weBs at such _ or ptaœs as are _ and øuentIaIlD the IIO II!I' døvøIopmønt and ~ prodUcIion tithe 01 and ges contenl of said land. (I)LOG OF WELLS AND REPORlS. To keep a log. In the Ionn e~ by the lessor. tI øød\ well drilled by the lessee on the lands herein leased. showing the strata and characlar of the IonnaIIons. water sands and -, døpoøits peneIraIIId by the dItI. amounl tI caotnø, size and wher8 set. and ouch _1nIonna1lon as the lessor may II!qUft _log or copy IherøoIshaU be Iumished 10 the lessor. To me progress I8 IOftS, In the Ionn presatbed by the lessor. at the end tI each thirty (30) day pørtod whIø each.... Is beIng"-' To me ennually, or at sudI_ as Ihe __ may '*ILl"". maps showing the deveIopmenl tithe _ and the location tI al w8IIs. pipe lines and _ wM<s _In connøctIon with the operallons tithe lessee upon said land. To maIcø sudI_ reports ....-.0 to.... JIDdudIon and opøraIIons by the _ on said lend. and IIIpIIII ouch oIherinlormallon as may be possøaed by the lessee on .... w8IIs. prodddIon or opøraIions tllIIheIs on lands on the same geologic _lhaImay be tllmporIanC8ln øftecIIng IIII I8f deveIOpmenl and operation tlthelands hørøIn leased, as ...y be called for by the __. AI logs, maps" - reports fIhaI be IIIØnIItIId In duplicate and the 0CIIce tI Slate lands _ _ may _such reports as ...-.....y wanant. Q)PRODUCTION. To apøraIB the _ upon lheland _ _In a CIIIqI8Iønt and øfftdønI_ln.. _lol8ClMll'aIIlhe!lil and gas øc:onon*=BIIy poo8IIIe 110m said land _ to _11he _~ tithe oft and gas II-.nder by _ opeIaIed by Ih8 _ or oIherS m mmeItng or oonUguous lands 10 __ herein. AI ptans or methods lor the purpose 01 StimUlating or IncrerasIng JIDdudIon on lands hBnlln leased - _ _In cammon _ shall firslbe..-...s 10 the _for II I IIOIIIII befoN being pullnIoadualoperallon. No prodddIon ~ 1inIItng. ~ praraIing. orGllwwlSe atrøcIIng the ~ 110m said landlhal be enteIed into by the lessee. nor shall the Iessae 1ImIt..-tr.t. orpmoale the naIur.II pmdudIon 110m said land In anyway orin any -.I. tII<œ II-.... ~ In -.g dthe _1inII had an ~ (k)SUSPENSlON OF OPERATIONS. Should any .... dilled \I IOII lands aMII8d by this _ obtain pmducIJon tI 01, gas. or _ h)âocarbons In paying ~ _ r the _Is"""" 10 __ a satisfactory mallcel for the 01. on or h)âocarbons procb:ød 110m said...... the lessee may apply for and the lessor may grant......- forb suspension tI pnØJt:tion operations - sudI_ as a SIIIsIacIory markøI for the product 110m said _ can be devIIIoped. DulIng the time any ouch suspension tI __ Is In effect, the lessee shall continue 10 pay the annual _I tI $2.00 per acre or fIadion IhenIof pnwIded by (e) -. and this lease shan remain In eIfecI as though 011 or gas _ being pnxIucød from said lands. (1)DllIGENCE-PREVENTION OF WASTE. To -œe ftIIIIIOIIabIe dIIIgenœ In drilling. IIUWdng. and opeIBtIng of wells on \he land coveted henIby, unless consent 10 suspend operatIonS temporarily Is gr.Ißlød by the lessor; 10 cany on aU opørallons _ In a good and --. mamer In aa:onlance with """""*' methods and pradIce. having due regard for the pIIIVØIItion tI _ 01 01 and gas. or the enIranœ tI....ter 10 the 011 or gas beating sands or sllata 10 the deslNCllon or Injury tI ouch deposIIs. the ..-vøtIon and CIOIIS8MIIIon ollie PI'-'Y for future pmdUcIive opeIBlIons and to the huIIh _ safety tI_ _ employees; ID plug seaøeIy In an epproved maMer any -U before abandoning I. and not to _don any _ without pennIssIon tI the lessor. notlD drIB any well wIIhIn IwO _ (200) leet 01 any tithe outer boundaries tithe land covered hereby. unlesS to prolect agelnsl draInBge by wens dlt88d m lands adjoining less then 200 feel from Ihe pIO IfII\y Ines IhereoI; 10 conduct all operations sub ecl to Ihelnspectlon tI lIa lessor; 10 carry out at the Iessee's 8I< I8IISB 81 reøsonable ørdørB and requIremønIs tI....1essor relalMllo the _lion 01_ and preservaIfon 01 the pID IeI1y and the heaIIh end safety 0I_1ncIudIng the replanllng and reseeding tI_g sites and other areas ~ by dttIIIng operations and m IaIure 01 the lessee 10 to do the lessor shall have the rIghI. togeIher with _ _ _ pnMdød, 10 enter on the IIO IefIy 10 repøIr __ or _1_ at the lessee's I!IIp8III8; to -- by and oonlonn to valid appIIcabIø I8 UIaIions ,...,ntJød 10 _the owner 01 the IUrfaœ. W _ than the lessor. or _ of grazing rights thereof lor _I da_th_ _InjUry 10 ~ '-'. pnMded. thai the lessee shal nol be held ~ lor acts 01..-..,. or adIons beyond his control. ' (m)TAXES AND WAGES-FREEDOM OF PURCHASE. To pay. when duB aU laJces lawfully assessed and lIMed WIder lie laws 01 the Slale 01 WyomIng upon Improvements, oil end gas II\IduCed 110m the laud hereunder. or other rights, property or assets tithe _. 10 acam! aU _ and employees complete freedom of pun:hase. and to pøy aU wages due workman end employees In conlonnance with the laws of lie Slale tI Wyoming. (n)ASSlGNMENTS OF LEASE-PRODUC'I1ON AGREEMENTS. NotID assign this lease or any 1ntøresI_. nor subI8\ any IOfIkJ!I 01 the leased premtsøs. exœptwllh the consenlln WIllIng tithe lessor _ had _ obIaIned. AI oven\dIng royalties 10 be vale!. must have the II IpIOVBI tithe Board or by the 0IIice 01 SIafe Lands _ _ when authoIIIy 10 do so has _ dBlagated by the 8œRI_ ... be 1eCIIfd8d.. !he lease. The Board _the Itghl tI dIsappnwaI tI sudI oventdIng IoyaIIIes when In .. opinion they become e>«:ess\IIe and hence _ delrimøntallo the proper døveIOpmenI 01 !he leased lands. (o)DElIVER PREMISES IN CASE OF FORFEfT\JRE. To delver up...._ pnIIIIIsas. _ all pennanent ~ts _.In good orderand ~ In ca&8 tlloñeIIure 01 this _. bulthls shaI nol be_1o ~Ithe removal. aIIøraIIon or..-at tI øquIpn1eII_ ~IS In the onIInary IXIUfS8 01--' Section 2. THE lESSOR EXPRESSLY RESERVES: (a) The light 10 lease sell. or 0IherwIse ~ tI the IUIfaœ of the land embraced within this leaSe under 81dsIIng laws or laws h8nIafter enacIød, end In acmrdance wfth the rules 01 the BoanI tI Land CommIssIons insofaI as the surface Is notll8C8SlBlY for the use tithe _In !he c:onciJcI tI__ ..........-. (b)The Itghllo lease. l18li, orotheNilse ~ tI_mInenII or subswIace _ not coveted by the....... In aa:onIance with the appHcable laws _the rules tithe Board tI Land CommIssionefs. (e)From the opøratIon tI this lease, the surface lands henIIofore granted for rIgh~ and __ and reserves the Itghllo IBI1I sudI _ rtgh~ and _ as provkIød by the -.res tI the S_ of Wyoming. as long as such rIghts-of....y _ __ do not œnIIicI with !he oparaIions for oiI_ gas on the land _ leased. (d)The rlghllo refuse 10 COIMIIIthe leased lands 10 a unll pIøn tI ~opmenlll the Board Ifnds sud! action -*llmpall the IessoI's resørved right to take Its royally gas In kind and 10 pun:hase 81 _ gas alocatød 10 the leased lands a pmuIdød In Se/:IIon 3(e)below. (e The rlghllo aIIør cr modify the quantity _ rate tI IIIIducIIon 10 the end thaI_ may be eIImIRa1ed or thai pmduc:tIon may œnform ID Ihe Iessee's fair share tI alowable pmducIJon under any system d State or NatIonal c:urlallmenl and proration -..tzed by law. (!)In _10 .. rlghl to tak811s f1¥11Iy gas In kind. the _ raserves the right and option 10 pun:hase an oIhør ges produced lor sale or use off the leased1ands. ThIs option __ be eoc8lås8d only IlIhe Board finds that the lessee has I8C8ived and Is...-nø 10 acœp\ a bona fide oIfør 110m a pun:haser who inII!ndS 10 søI 01' 1IanspøI\ Ihe gas Into In_ oommørœ _thai one ar IIIOI8In1rasia1e ~ (le.. pun:haseIs Who will use. consume or l18li the gas lor use or.............. -..y _ lie Slate tI Wyoming) are wiling _ able to pun:hase the gas upon terms reasonably ~ 10 and alleasl as """""bIB to the lessee as those offeftId by the Inlenila"; pun:haser, The Board shall wahle this option and pørmII an InIenIIaIe sale W K finds thel no InIrasIaIe purchaser Is willing and able 10 purchase !he gas upon tenns whICh are reasonabIy__ to and allBasl as favorable 10 !he Iessae. As a condition 10 ouch waiver. a satisfactory ~I ...y be enI8n!d InID by which the pmWctIon tI .. royalty gas may be døIened until it can be PfDI*Jced and s<*! lor consumption and use øntInIIy within !he Slale 01 Wyoming. Section 3. APPRAISAL OF 1MPR000000ENTS. The Jessee shaI have \he rlghl sublectlo the pnIIrisIons tI TIlle 36. as 10 Stale and State School UInds and Tille 11 as 10 Slate Loan _ Investments Board Lands W S 1077 10 remove any Improvements owned by lessee _ a .......- time after lie termination of this lease. Lessee agl1l85 thai any such ImprovømønIs ;,.. removed ;"¡1I1n a ........- time after _lion tI ..- ~ shaB' be disposed tI pulMmnllo the above stalulas. ~.. FORFEITURE Q.AIJSE. The 8œRI shall taw the .....and auIhOrtIy to _ ..... pmaøød by fraud. -. ormlBrepre8øntallons, 0I1or1h8 use tithe lands for triawIuIcr --'...--. or lor the __ of Ihe ~ tI ... _. \I IOII pmper praof 1henIof. In lie _ thai the Jessee __ -.. In .... performance or oIatvance tI any tithe terms. ~. and ..-. henIoI. or tithe gener.¡ll8gUlatlon8 pllllllUlgallld by the Boøn tllMd ~ _ In fon:III on Ihe dale henIof. Ihe lessor shal seMI noIiœ tI ouch failure or default either by p&ISOItaI søvtce or by certIIIød or ægisIøred mall \I IOII the lessee. and II sudI IaIIure or deIauII_ for a period tI thirty (30) days allerthe _ of BUCII notice. then and In __the _ may, at lis qItion. dedare a foIfeitute and _this _. Mweupon al rights _ privilege&. obtained by the lessee __ shaII_ and cease and.... __ _........ter and lake """"""'*' tI said ......- or any part.........,. These pmvIsIons shall not be œnsIrued ID -' the _ by Iessor..y legal or equitable II!mIIdywhldlthe __ might othetwIsø ha\18. A _ tI..y l8ltlcular cause or IorfeIIure shall not _I the cancellation and forfeiture tlthls lease by any _ cause tllDIfeIIunt or lor the same cause ~...Iftft al any other Urne. . -...... SecIIøn 5. RElINCIUlSHMENT AND SURRENDER. This _ may be reIInquIohed and sunendør8d to lessor as 10 an or any 1BgaI_ tI said lands as follows' (a) II no operations have been conducted Under the _ on the land 10 be relinquished. the lessee shaH file wUh !he Slate Land Board and Stale Loan and ~I Board. a _ relinquishment or IIIIIYI!IId« duIv signed and adcnowIedged and staUnø therein thai no operallons have been oonducIed m the land. The R!linquishllØll so lied shal become eIfecIive on the dale and hour 01 receipt ........., In the oIIIœ of the DinIctor or ~I some taler =rd~ such be 10 specified by \he lessee therein. II the said rellnqu shmenlfalls 10 stale that no operallons have, been conducted. the efføctlve dale of rellnqulshmenl shall be the dale the rellnqulshmenl Is approved by the (b) 11__ _ been conducIed under the _ on land pmpoøed Ie be 1811nqu1shed. the Iøøsee shall give sixty (60) days notice and shaII/IIe _ \he Director a _ reIInquiIhmønI or IUfI'8I1der nd staling IhørøIn thai opeIBUons have been conducIed on the land The relinquishment Shal not become eIfecIive un" the land and lie _ thereon shan have been placed In condition aa:erlable to ~~ ~beena approved by the State OI_Gas SupørvIøor. -- ..- ...... AI ~. beœmIng _ prior 10 a _ or relinquishment beœmIng effective. shaI be payable by lessee unless paymønllhereof shaI be waNed by lessor. A reIInquIshnød having become effective then! shal be no recourse ..., _ and the _ as 10 !he reInquIshed lands may not be _led. Before a~y road, building, drilling pad construction, building construction or other earth moving activities commence. plans for such activities (induding maps) must be submitted for prior approval by the Office of State Lands & Investments or his designated representative. The collection of fossil~ from this land is ~rohlblted. Any fossils found on this land must be sàfeguarded by the finder and given to the Office of State Lands & Investments or his designated representative as soon as practicable after their discovery. 000009 ~1\1 tq~~ t)þ 1.1 ~'d £, ,,\. . '"' ~ü.~'3Ì\~ ~-jJb . '"' ~~ ~: \ ~ 115 ::-~ ~ \ .,,¡ ~. ~..... :-. ~) ¡".