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Home My WebLink About935796 and Effective January 6, 1998 STATE OIL AND c'... ",;YOMING GAS LEASE Lease.". U I -UI .~~, Parcel # 583 Fund Code: AG Form Approved by the 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'· 000042 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: ""';I Tract 38 (formerly W2 Sec 34) Resurvey Township: 25 North Range: 118 West of the 6th P.M. '.." County: Lincoln Acres: 319.89 $320.00 ($1.00 per acre or fraction thereof) Together with the right of ingress and egress and the r~ght 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 effective on the 2nd day of, 2007 executed by LESSOR and LESSEE· to become A.D. LE~S9R;:: IS/FATE OF Address: City: State: Zip: Phone:_ ,h7d,7.::::....· h'Y~'?~ 1 JOHN KENNEDY 2201 Cabin Ct. Gillette, WY 82718 RECEIVED 12/26/2007 at 10:48 AM RECEIVING # 935796 BOOK: 682 PAGE: 42 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY ~ t ..,. .~ o:!;.;;¡ .:' t, "'..,D ., . . ~'; \ (' r .....}f'" OL AND GAS TERMS ,.--... SedIøn 1. 11£ LESSEE AGREES: ' (a) BONO. To fumiI/Io bond _........- CIIIIOI8II8..... ~........ aD ....,..s.....-In.. Slelltrl~"'''''''''''''·'''''' 8IØIIIIII8 to" _.In...........· ............,.. ............ rI.. SIeIIt ØaMI III lAnd c..... . .... ØIIIIIIIDned upan..,.,....a rI........ end ...,....__..... _.......-..... end upan.... ~ rI.. ~~ = ==111 Ilia _ _ .. ...... _ ....-. ....... --. end ................ .. ...,... III" ........ aD .. ..... end.... 1.lrls __ .... .. .... - ..... .. ..... .. ...... or .......... ___ Su:h ......or................. _aD..... '. tllII.. _ØIIIIiIIIMd In.... _ ..,..~In" __...--... -..., dIc:Ide upan _........\1 III................ end __.. ~rI ......... ' (b)PA'tUENTS. To __ II......... __............. ..c-.III.... ~end............ 122....2!iIh.... ~ WJøIIInO ~ (c)RENTAlS. PIoraD" ~III ..or_In..-.......-aD_.. _In _........... ........................ ....1II11.IID..._or......--- _...--..;y Grill or...·In......... aD ","_111 ................. ........,rI.. _,.....-... .._,...1II1IIIIIdI --~_....... ....... ......rll2ØI...-... fJIIdiDn"""'- ...............,....-.. Su:h........ IIIid"'''' -,...... lie awIIId............ ..,..,. AnnUlI........ ... 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III ~ an......... .....IftIdIad. or. ... apIIan III" _. _ in ....1II......,....in Idnd." _.- aD...." _....... ................rI........... -. or....lindladl.þ.r:abcv. .................. _.. __ aD _.......,.... -. ..........J. b-.a'" tnt.......... -. or....IdnIIIad¥.-IIanI...... gøod ~...cI_"'" 01. -. 01' _"",,"',1 n"'''' The _....,- ........ ..............,.._ III ~ .. ..., (SlIt...,......... III"""""'''''' In __..... IftIdIad. upan .. -.. ........ or. .. .. ...... - .. - end" - ..., .......,...... ....... IIIIIIIidad......- ......................_OI'-...nrl...,.., ....----................ The_ ......111.... .................... ....~___... ..............,111..-. (ll1oEA8UREIIENTS OF PRQIIUCI1ON. 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The 1IoonI............. apIIanlllll............- ..................- ~............ aD........ _ upan ---- --- ...........II1II ....... fInoIOIIIo aD .. _ M......... aD sudI...... .....-.,.......-a...,.......... _.., 1IIIIIdI""""'" 111.....,..,_...,.................. lie......... end -..---..............,...... ....rI~ . SedIøn 3. APPRAISAL OF ~ The............. ....aD..~1II1IIo.. _aD""'" ....CkNcI.........1IIo 11.. aDSIeIIt~....~............ W.s. '1817.10 _.., ................ __.., _......---.................... III....... '-- ..........,.. ~~ 1.1" II1II ___..... __................. III" -...... ........ 111......10.._....... SOCIian 4. FOAFBIURE a.AUSE 1110 1IoonI..........-- _.......,... __.......-.-..,1IOUd, ...... ... ........................ .......... III" -........... or............. -............ III" ___ rI .. ..... upan ..... IIIIIIf....... . .. .... ... .. _ .... _ ill .. -"",_... 01'...... III .., III" -. --. end .......... ..... 01' III ................. ............... by" IIoonI III lAnd r. . _ _III.................... .. _.... -.... III........ 01'..........,....... .......,.................... upan" -. ...... _",_ _.... poñad III..., (311) ...,...... __III.......... ... _. ......... _...,. ......... ...................COIIGII......... ..........I!IIa..................... by" _ ___........... _ _ end.. _...,........................ III..........",.., pOIt...... 1'- pnMIIana.... II1II'" __aD........ --.., -..,....- ......... --'flllllldl" _1IiII.......... _. A .....1II..,.........._or......... ..........-a............. end......... III.... -.., ..,...._III~ OI'tar..__DaIIIIIna ......, ....-. SeCIIan 5. REIJNQUISttIENI AND SURRENDER. 1IIIa _...,.........................10 1oMor_1o.. or..,............... 111_ - -......, (.) If........-.... _1IIDIIIIudOd....... _..... ..................... .._............ SIeIIt lAnd....... SIeIIt ~ end....-........................... or-* .....,...... and IICIa\uoIIodgOd _1IIIIIng ...... ..... ................IIIDIIIIudOd.....1and. The..............._.................................. _III............,........ III" ~...;. -... =: IUCtI be 10 ....- by" _ _ If.. _..........-....... _ ... no......... ... .............. .............. rI............. ............... ........ . ...11...........,.. (b) II......... _ ....1IIDIIIIudOd....... _..............10.............. ........... hIe"'" (8D)...,....... _......-.. ~...................-. or.............,.&· . ...... end IIIIIin IhonIIn IhIit IIIOIOIIanS _ ....1IIDIIIIudOd an"land. The.......................................... - ...... --....... _...........................10 1oMor....... ....... IIIIftIIIedby"'SlelltOi_Gos ~. AI ...... bOCaminD ... pIIor 10 . ........OI'.............1IaciIIriID ....... .... .. ......... .., _.... ...... ....., .... .......... .., _. A........................................ be no _1III__.._·Io......................,lIIIIbe- BIG GAME CRUCIAL WINTER RANGE 000043 This lease is issued subject to and condlioned upon Jessee's acknowledgement and agreement that any 8xpIoiatiòn' and development activiies undertaken shaD: 1) avoid ........ acIiIrily In big game auc:iaI wInIer mnge tium Nouember 15 to April 30; or 2) In the aIII8mative. exploration and clell8lopment adiviIies shaD be subject to approval by the DIrector Œ the 0Ifice of stale lands and IIMSIrrIenIt subject to the Dir8dor'& consuIIaIion will the Wyoming Game & fish Depadment regarding aIIømaIive prac:tiœs and/or plans of developmer which provide similar resource protection and mitigation. RIVERS AND STREAMS This lease is issued subject to and conditioned upon Jessee's ackncMledgement and agreement that any exploration and development activiIies undertaken shaD: 1) . provide a 3OO-foot buffer on both sides of streams that go throuø;Æa ~. rIi\d ~ L for riparian zones; or 2) In ~ alternative, exploration and devekJpment acllvities shall be" a~fèval ~y the Director Œ the Office of stale Lands and Investment SU~ to the I?lrector'S consultation with the Wyoming Game & Department reaar.dina ~,practiœs and/or plans of deveIopme which provide smBar resource protedlon and mitigation._ \ '1? y~ :L S :} J \P, . C: ,\.I. .' . q \ S ..~ ' . .'. ..-\ ?:;... ~ ...... r" ...:.. ~ 'I ~ Å i '. ~