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Home My WebLink About935805 Foxm Approved by the Lea5e It U I -UV~~~ and !:lfective January 6, 1998 STATE OIL AND 0... ...YOMING GAS LEASE Parcel # 599 Fund Code: CS This indenture of lease entered into by and between the state of Wyoming, acting by and through its Board of Land Commissioners as LESSOR, ànd the following as LESSEE: Fitzsimm'èms, LLC ," 000060 Section 1. PURPOSE. The LESSOR,:,jjb.·; consider,ation of the rents and royalties to be paid and the covenants and agreements to be kept arid performed by the LESSEE, does hereby grant and lease to the LESSEE, the exclusive right to ci,rill for, mine, extract, remove, and dispose of all the oil, gas and associa'ted hydrocarbon sûbstaIlces 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 .-:~ .- ~) f ¿(~ Tract 38 (formerly S2S2 Sec 14) Resurvey Township: 23 North Range: 120 West of the 6th P.M. II;.( County: Lincoln Acres: 160.00 $160.00 ($1.00 per acre or fraction thereof) Together with the right of ingress and egress and the right to use ~o 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 dili.gently 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 le~s 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 ov,er 19 years of age~and if a corporation, is duly qualified to transact business in Wyoming. Sect~on 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 seçurity 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. ,"LESSO~,. STATE OF WYOMI G:7 ~g b/ánd through its Board of L Le..ee Signature, ~~ By· Address: /" :7 --------- Investments City: State: Zip: Phone: _ /- 3.Q? -...f#..EJ,.. ~"jis f?' _=== j JOHN KENNEDY 2201 Cabin Ct. Gillette, WY 82718 RECEIVED 12/26/2007 at 10:53 AM RECEIVING # 935805 BOOK: 682 PAGE: 60 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY . IØ, ,..,.;.:;:"'" --:;:,. 1 ~.~} l t.l') 01.. AND GAS TERMS ~--.... ,-------. SMIIIn 1 11È 1.ESSE£AGREES: ' . (II) 8OHÔ. 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IIIIodhe, ... .. ..,..,.. .., '-- ....... ...... .....,.... .. -- .., IIIeIIr. A........................... - ..... .. ... -..,............... ...... ~..... ...,"""....-.-.. SAGE GROUSE lEKS AIÐOR SUITABlE NES11NG. BROOD-REARING HABITAT '000061. This lease Is issued subject to and condIioned upon lessee's ada10wIedgement and agNeI118fd that any exploration and development activities undertaken shaH: 1) 2) 3) a~ surface d~ or ~ within Y...mle of the perimetI!Ir òf oc:cc.pied sage grouse leks; and avoid surface disIurbing acIivities and geophysical surveys in suIabIe sage grouse nesting and early bIoocH8aring habiIat wiIIún 2 miles of ar ?CCUp!ed Iek or In identified B8g8 grouse nesting from May 15 to July 15; or . . .. the aIIiem8Iiwt, expblllion and deL ølopment adiuiIies shaI be subject to approval by the Dir8dDr of the 0IIice of State lands and Investment ~ to the ~s consuII:aIion with the WyomIng Game & fish Departmentregan:ling aII8maIive practicesand/or plans of dewlopmel which provide smilar nISOUlœ protedion and miligation_ ~c¿ 11. ~'Ö £: _ ", \ \?;3t\~n c \ l·' .'; ¡, .t. ("- .,:j':,.'\"..! _ _-\ 1. "!' ~ .~. .! ".if.;": \ ;;;;... 'I J.. ~., i .... ~1n t~~1