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Home My WebLink About935786 and &ffective January 6, 1998 STATE OIL AND Vol; ÑYOMING GAS LEASE Lease #- 07_,mu.. Parcel # 571 Fund Code: IA Form Approved by tJ 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 000022 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: l-- tl Tract 53 (formerly NE:E2NW Sec 27) Resurvey Township: 24 North Range: 117 West of the 6th P.M. i7 Î.<ì County: Lincoln Acres: 240.00 $240.00 ($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 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 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~F WYO ~~~g by and through its Le"ee Signature, '/ ~7'~~, By' Address: ------------ City: State: Zip:______ Phone : _ r. ,-:-.~ -- "oJ' '~'.,,:. ~~ \\ ~ ~ 1~."" I' ."",,. :; , ' , '1"., RECEIVED 12/26/2007 at 10:32 AM RECEIVING # 935786 BOOK: 682 PAGE: 22 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY , , ...,:,!,f)""'.'J "t iJ ..... ""'I,;, ',f') , 01.. AND GAS TERMS '----.. ~ Sedløn1.TIELESSEEAGREES: . ,'-- ..- -............ (.) BOND. To........ bend" ............ CØIIIIIIIIa __ aIIIII8IIJ auIIaIIz8d to ~"""In" ..."'~.. .....-...... - ..., · -.... .......In .--'" -.......-... ___...... rI.. 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"-. ____ ......-............1aRd __ -... .....................In.. ____"'.......or-............... .............. _ "'__"'..............-1...........-................. .....,..,.... .--"'..--....................... (II) On" _ ~.."'............ _... __......-. or..................................· .................................................... .......,............to ... faIr"'--- (io) Far""" ....-...... ................ .......... .............. ." .. ....... ..... .. ........,,1IIIan fII...... fII............... fIIIr CIIIIt fII...... ....... ...................IIOID; IIUIIIdId. _. _ .............. _"'.........,...-.... "'.. ..-.................. "'.. -..... no..................-........................ - _.-.IlIad II»' .. UnIId _'" AIMIIaa.........,..........-...... {lot ................ ....,..................-... ..laRd.... __.......... -..." ................ ............... to...... for-""''' .........."'.....--.-. ....--...... ...,..,..... (e) DISPQ6ITION OF ROV'AL1Y 01.. AND GAS. To....to.. _. or to sudI.......... ..... orClllllllalian _...........,.............,.., 01, -. or_.........""... . - "'............- _......... .... at.. apIan "'.. _....... ... "'........,...... IdnII. ............ID..,.. ...................... 01.... rI.....,.., 01, -. OI_.........I~.. J · .-.................. __.. _...... to.......,..,oI, -. ..._.... I .."-.... Idnd..... _.... -. or_..............--..... DIId ..........waol, -. ...-............... ...... -o...........,~ ....... ..... for...,..,...... "'............, (311) dIp_" _ rI.. aIIndar.-.ll" wi*" ............... pIIII...... ~... at.................... -.. -...,.......,.... ........ IIUIIIdId. _.._.... _........ .......... laM............ fII""" .......- -..........--- -0........... rI........... IIUIIIdId. ........,...................... .......,."'.. _. '. III MEASUREIoENT8 OF PRQIIUC1ICIL To....... _ ......-for~............ -......... "'-"'~!!6-"""''''''''''''''''''''''''' ....."'~C . - --- ..... .............. _In_....... To..... -. .... _............... to............._..IaRd........... _. -......... to.................. .................."......... ....~. 01........... -.... ....... ............... at" _.............. "'''' cUr............... "'..-. To................-.......... _ .................,. __ va-. --................ ~-"'...._............,................. --. va-. -. -..."'.................. ..........-.................-........................... ........"'...--......... l1li MONTHLy PAVIENTS AND SfA1BENI'S. UnIe8 .._fII.............--....." ..~"'- Undo_'-- to............an ................. ØØII)"""" aIIndar..... ..--........ rI IIIØICIIan........... _ -"'........................ -.......... -......,........................................ -.... "'.. .....-(per-,...... ~ poadIcoI)......IaRd......"........ _.......,....... fII.. IIIIIÞ:IIIIn (perWII................. oIIiIat.... pIIII--..........................."......... .... ~... ---........- ............ may......................-- ........."....... (h) WELLS TOlE DM.LED. TO.._...-.......,......~..---..............IIIIIdIdan.................. To" ................at....._........-~_..... to"~""'" . 1...___........."'....-.....-............ (\)LOG OF WELLS AND RfiPQR1S. To.......... in................ 11»'......... "'.-II _ dIIIId.,," - ....................... ................ dWadIr"'.......... WIIIIIr.............. dIpOIiIII......... by" _.-.nI "'....... ... _......... ... ..... _.......... -.. _...,.....wI*" IDø or oapy.....".......................... To................. in ................,.. _. at.. _ "'......., (311).,.............-11 WII........ddIad. To ........,....at _ _... _may-*, _.......... J.. I. ~ fII........ .....løaIIDnfll........ .......... ............. in........... ..........fII....... pIIII..... ..... To.......... _....... ....................-_......... .".._an ............. __..... _1nbIIIIIIIDn...,........-. 11»'................. ....................."'............. .... _ geaIagic _ that...,...rI"""-"'.-.:IIIIa ~~It'" opnIIan...................... ..., .............".. - JIll.... ................. ..................... and..OIIIce "'_Undo and ___ ...,...l1&li...................,...... fiIPRODUCJION. To...-.............IaRd............ .....-,&_......_in.. ........to_.. ....- ...- a 'r~ IIIIIIIIe.......... laRd...to..................."'.. .._... ......."............".._...........--....___.... to_............ AI.... or""""""""'" "'--............................. ..........- __ _In __ ......................_for........................................ 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DIId _ b. __ _is ___................... _................ ........ ........"'.... fllaI....... ..........fllWIIIIIr to.......... --.... or..........................., "'l1&li....... .............. __..... fII............... IIIIIIIIIIIIIe.......... ....... ................................... to___" ............ _..,_.................... _.........., _.....,......... "'......... _to dill..,.........,......... (:IDO) ....fII.. fII............. file..... --......,........ to pnIIIICt................".... dIIIId an ............. _ 2IDO......... .........,...........-; to CØIIIuIt............1IIIrect to..1nIrpecIIaft ",..1IeIr. to..,,'" at" '--'........ --- ..... and ............ "'.............. to.......... fII................. "'................... _..... "'............................ .........fII...............-........ II»' ...... ................ _ "'........... olD............ _......... ............... _............... ..................., to.............. .............. at.................-; to......" ........... to...... .................................... _fII........ ,_............ ........"'.....l1li* ...,for.....-..........-....... ...v- · --............ _.. ......... _................. for _ rI.................................... .,.AXE8AND~OF PURCHASE. To..,. ___.... _....., __ and............ IIftfll.. sr. fII~ pIIII......-. ................... ..1aRd__.... _....... .........._"'.. -. ............... _.....,............,........ "'....... ...to..,........ _.............. 0..__..... ...."'.........~ (n)ASSlGIIUEII1S OF lEASE PRODUCII011AGREØE111'8.lIatto..... ...........,........... --..,,..-"'....---........ ..---........."'.. -................... AI............... to......... __..IIIÌIIIIIIII"'............"..c-."'..........- ..--...........,..OID ...............".................--............ 1M..... _........"'...___"'-...........,....-.............,--.............-..........to....... At I. 111.111.............. . (0)DELNER PREIIIBEB IN CASE OF FORFEI1\IRE. To............~.... ""'-"-4"' J ___..DIId__............-"'......."'.........IIIIt.................... ............. ................... "'.........._....._ ..MIllIn" ~-"'......... SedIDn 2. TIE LEIII8DR ÐPREBtLY REIIEIMiIt (a) -0................. .......-__"'.. ......"'..1aRd ............. _........... _..._................ -.. --....... _"'''ø.dfll~ Co- '."""". ........ ..1IIIt~......_"'.......... ..--.."'.........---. (b)1M......to........ .......-__"'_................- __~II»'..........--....................... .....fII.. ø.dfll~ C . ...~. __ .. opMIIIan "'....... .. ...... ..... .......................... ar:..,... __... _....... .... sudI_1III* ar:.., _ __............".. -- "'.. SI* '" ~....... _ ........... "'-r _ ____................... ...........................-.cI. (dt-o..1iII to..... to ___........... to. anI_" .J!I ) J_ ,.. ...........IUdI...................... -- /IhI to......,..,...... Idnd............. -............ to" ..-............... '" SeI:IaII3þIIIIIM. (a)1bII........ ........................ .. '" II'IIIIuI:IIan to..... ..........,......... ...that............, ariamI........... fIIIr - "'........................,..-. "'_........... ~- pnnIIan ...........,.... (t)In.......... ............. ................ ........_........_ apIan ..........._.........-....._or................. 1IIIICIIIIDn.......--... ,............that.. _ _.-Ned..............Mœpt....................~..........to.....ftnIpaIt.....-........_...__..._.-......-..... ..-......--- or.......... ..................,.......... "'........ _....... _...10............... - --, -.-... to_ at 1IaIt.......... to.. -. -- .........,............ ~. -0.. ø.d .........CIIIioft_............._,It....._no.-~...........................pIIII_....._---..........to........._........to ......... As........Io....................,...........,............." wI*"............ rI.............., .......... unIIIlt - .........-.... ....... - 4-..... -............ Slalerl~ SecIIIIn 3. APPRAISAL OF ~ 1M_...............IIIIrect............."'1IIa...........SI*SdIaaI t.MdI....TIIo 11. ...SI*a-.....--......~ W.s. 11117. .. _.., ~IIII_""'. __." _.....--...... _.........."'....... ~..... -..,........ l.. _..............--... ..._........."'IiII........... IIiIIp.-cI ........to.._ ___ '. SecIian 4. FORFB1UIIE a.AUSE. 11Ia............................,.. CMCIII..............,........... ... "'~J l 1 ....... ......... - "'.................................-. ...for..........., rI.. __ rI .. ..... ..... ~ IRIIIf........ '" .. ... _.. _ .... ...... in .. .-T _ or _ "'_ "'.. __ --- ... .......... ...... Of fII...... ......... ____."........ rI ~ - .. _........ an" -......." ............ - ....."'-..... .........~."........ --...." ................................ -,..... ..... or...... ClllllllWafor......... "'..., (311) dip _.. __rl......-. "'_in ........-..... at............... .......---......... ................................... ." the..... ___............ _ _..... _ may __ _........... "'..... ___....., pm 1IIeIoaf. 1'-......... ....-... aIIIIIIued to............ II»' -..,........ ........ __wi*"" _............. _ A ......"'..,........-............... -................................. "'.. - ."..,-- "'....... ....... ----- at___. . SedlDn5. REI.INQIJISt-.r AND&URIIENDER. 1l1li.... ..,.............. ............_.to......., ............."'..........- (.) If no ~_..... ..................... ..laRd............... .._ ......_...... Land..-_ - '--... --....... .....·r,. . ,,- .............,...... and _ .. 1 ~.......... ......._no.......... _............... an....... 11Ia ~.... ................01'1.. _... law rI........, ......."'..-.....-- :::..... be ao ........ 11»''' ............ .......................... to........ no........ _lIMn ~ ........ - "'..........-.........-...........-...........".. (,b) . apeNIIIN _1IMn.......-...... _................................ ..-.........., IIIt...,..-... ............ -..... ............................,...... . V'- staling.......... apeNIIIN...............-.......... -0...................... ___...... unIII..1aRd _...... --.... _.....-a... ................--............ ............,.. sr. 01... Gaa....... AI .... --*'II......... ___or............. --*'II........ .............." _ _....... 11--'............ 11»'....... A .., , 1 ~....... --............... no _.., _and.._........................,-·--. BIG GAME CRUCIAL WINTER RANGE; SAGE GROUSE LEKS A.NM)R SUITABlE NES11NG. ßROOD..REARING HABITAT; RIVERS AND STREAMS - . , . This lease is issued subject to and conditioned upon lessee's ~and ~ hit any expIonIIion and dliull1pment activiIies undertaken shaD: 1) 2) 3) 4) 5) ~ human activity in big game auciaI winter range from November 15 to April 30; and avoid surface distulbanœ or occupancy wiIhIn Y....mIe of the perimeIIIIr of occupied sage grouse leks; and avoid surface disturbing acIiviIies and geophysical suneys In suIabIe sage grouse nesting and early ~ habIat wIhin 2 lilies œ 811 O~pled Iek or in identified sage grouse nesting from May 15 to July 15; and !,rovide a 3OO:fOŒ buffer on boIh sides of streams that go through a lease parcel; and provide protøcIion for riparian zones; or In the alternative, exploration and development activities shall be subject to approval by the DIrector of the 0IIiœ of Slate Lands and IIIII'8SIrnerIt subject to the Dil8Ctor's consultation with the Wyoming Game & fish Department regarding aItem8IiIIe pradIœs andfor plans of œ.elopmel which provide similar resource prolBdion and mitigation._ £, 1J1G l~~l /, J. .. ,. Oh 11. '.1\'d _" \ <!,..,t\~H· \' . r~.; l ...J:J -\ ,. S. ':.'.~,.,\'{':P";: '. . : 1.\4 l. S '" ~.. .. .' -. ~: 000023