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Home My WebLink About935783 and Effective January 6, 1998 STATE OIL AND V.a; RYOMING GAS LEASE Lease 'II Ul-f"'~-'~ Parcel # 568 Fund Code: CS !'o.cm Approv.d by tl This indenture of lease entered into by and between the State of Wyoming, acting by and through its Board of Land Commissioners as LESSOR, and the following as LESSEE: Fitzsimmons, LLC 0;0001.6 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: '2 L / Lots 7: 18 Section: 25 Resurvey Township: 24 North Range: 117 West of the 6th P.M. 7 "ì -.- l'"'County: Lincoln Acres: 27.59 $28.00 ($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 operations there unde r . 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 long 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 oil 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 corporation, 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 through its Address: Ci ty: ___________ St ate : _-,-~ Zip: ______ Phone: -----Jot-Ul-L !<:eJJ.n:\;',~______ ,,;"2201 Cabin C:-r)UJt GillettøI Wy 'a 1·,30";.' ~ÊCEtVED 12/26/2007 at 10:26 AM RECEIVING # 935783 BOOK: 682 PAGE: 16 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER. WY .....:. "\^ -,", " ¡ : .,( t ~~~.) r t.4f:J ~)IL AND GAS 1ERMS ,~---... ....... 1. THE LESSEE AGREES: (II) BOND. To.......bond............................,....., .-....-*t...... in..... rI'III/)aIÑII........ .........,. --.............. -. in...... _.........by.. ..- _ "'........... 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IIIIII..IINI end...... _..................In............... ........................ ........by..... 01... 0............ ,. ...- __ due pdor.... __...........-............... ... be""" by""""""""""""'" ........by...... A.......·· . ...... __...............110 _by.......... __to............... .........natbe.--s. BIG GAlE CRUCIAL WINTER RANGE; SAGE GROUSE lEKSANDIOR SUITABlE NES11NG, BROOD-REARING HABITAT; RIVERS AND STREAMS This lease Is issued suIJIecIlD and condIioned upon lessee's acknowledgement and agweement that any 81CØIondion and delrelDtllnellt adivIies undeItaIœn shaD: 1) 2) 3) 4) 5) avo~ human a~ In big g¡wne aucial winIør range from November 15 to April 30; and ~ surface dISturbance or ~ncy within Y..rniIe of the perimeI8r of oc:cupIed sage grouse leks; and avoid surface disturbing acIivities and geophysical SUf\I8YS in suilable sage grouse nesting and early broocI-nøing habitat wiIhin 2 mIes of an o~pled Iek or In Identified sage grouse nesting from May 15 to July 15; and provide a 3OO-foot buffer on both sides of streams that go through a lease parcel. and provideprotedion for riparian zones; or In ~e alternative. exploration and development ac:tIvities shaH be subject to approval by the Director of the 0IIIce of Stàtø Lands and Investment subject to the ~s oonsulalion with the Wyoming Game & Fish Department regarding alternative practiœs aneIIor plans of deveIopmeI which provide unBar resource proteclion and miligatlon._ , fJ1\) t~~1 {\b 1l \J~ f, , , ('''''I Ml \ ·~I""\t'¡"l.,)::J C. \.\.,~, _ ".1 \.c '- . .::;, ,rc.;-" ,;!:"-.....;) :.. 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