HomeMy WebLinkAbout935789
and Effective January 6, 1998
STATE
OIL AND
{,... "lYOMING
GAS LEASE
Leil~t:.,. u. -u.."'-,·
Parcel # 574
Fund Code: IA
Form Approved by. tho
This indenture of lease
and th~ough its Board of Land
entered into by and between the State of Wyoming, acting by
Commissioners as LESSOR, and the following as LESSEE:
..,~,~::"..~.:':. ~' '.:~: .,
Fitzsimmons, LtC' 000028
S~ction 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:
? U Tract 70 (formerly E2SE Sec 9) Resurvey Township: 24 North Range: 117 West of the 6th P.M.
"7
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County: Lincoln
Acres: 80.00
$80.00
($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 eff~ct 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 earlter date as herein provided.
i
Se~tion 3. If the LESSOR owns an interest in oil and gas in said land less than the
entire ~ee simple estate, then the royalties and rentals to be paid LESSOR shall be reduced
proport~onately.
Seqtion 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 t~e State and School Lands, and Title 11, W.S. 1977 as to Farm Loan lands, and shall
be subj~ct to, and operations by LESSEE hereunder shall be conducted in compliance with the
specifiç lease terms set out on the reverse of this lease, and with all applicable state
statuto~y requirements and the regulations issued thereunder, including those providing for:
the lea~ing of State or Farm Loan Lands for oil and gas; the conservation of oil and gas;
and thelregulation of security transactions.
I
SeQtion 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 tó the heirs, executors, administrators, successors of, or assigns of the respective
parties hereto.
I
Se6tion 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
defense~ available to them as sovereigns pursuant to Wyoming Statute 1-39-104 (a) and all
other s~ate laws.
i
IN PYITNESS WHEREOF, this lease has been executed by LESSOR and LESSEE to become
effectiye on the 2nd day of, October, 2007 A.D.
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City: State: Zip:
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RECEIVED 12/26/2007 at 10:36 AM
RECEIVING # 935789
BOOK: 682 PAGE: 28
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
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011.. AND GAS TERMS
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BIG GAME CRUCIAL WINTER RANGE
000029
This lease is issued subject to and condIioned upon Iessee's acknowledgement and agnønent that any exploration and dewIopment adIviIies undertaken shaH:
1)
2)
avoid human acIMty in big game crucial winter range from November 15 to April 30: or
In the aIemaIive, expIondion and development ac:IiviIies shaD be subject to approval by the DiI8ctor d the 0ßiœ d Slate Lands and Investments,
subject to the Dil8cfø(s consuIaIion willi the WyomIng GInJe & FISh Department regarding aII8mative pnICtiœs and/or plans of development
which provide sinilar 18SOUR:8 protection and mitigation.
,
6£ 11. ~'d £,
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