HomeMy WebLinkAbout935806
....1ij"CiI~1iii 'IT "'. vv___
form Approved by the
STATE
OIL AND
0_ ..YOMING
GAS LEASE
Parcel # 600
Fund Code: CS
"--.-., -'-- -,-
and Effective January 6, 1998
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
000062
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 exc,lusive right to.d:r:~ll for, mine, extract, remove, and
dispose of all the oil, gas and associàted hydrocarbonsùbstances 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:
-:-7 7'
~"""""'" Tract 40 (formerly E2SW:W2SE Sec 1) Resurvey Township: 23 North Range: 120 West of the 6th P.M.
'e.·'Tract 41 (formerly S2NE:NESW:NWSE Sec 2) Resurvey Township: 23 North Range: 120 West of the 6th P.M.
,
County: Lincoln
Acres: 320.00
$320.00
($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,
bui 1ding, 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 Böard 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.·or. the 2nd day of, October, 2007 A.D.
Address:
-----
LESSOR, . STATE
City:__________ State:__~ Zip:
Phone: _---L=...3 0 7 ~t-=-':'1!J..£L===
j JOHN KENNEDY
2201 Cabin Ct.
Gillette, WY 82718
RECEIVED 12/26/2007 at 10:53 AM
RECEIVING # 935806
BOOK: 682 PAGE: 62
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
., '::-1
-.....
. '
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OIL AND GAS .
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Sedion 1. THE LESSEE AGREES:
(a) BOND. To M'nIsh a bond wi" anlllJPlO"8d CIIfpOI8te surelyCOß1'llftY8UIhorized totransad
business In the Slate orWyoning. 0I1IUCh allier surely _ nøy be aa:epIabIelo!he lessor. In !he
penal lUll! .. RIqUWed by !he cunenI rules or !he Slate Bcø1I or lAnd ComrisIIoners.
condilloned upon !he paymenl or.. ....... and RJVIIIIie$ accruing 10 !he ~ under!he_
heIeoI. and upon !he fuU ~ or aI alherlennl_ c:ondItiøW or this !use and !he rules
and regulallons NIaIIng IhenIIo. _ also candI~ on !he ..,men! or .. danIIges 10 the
surface and.~1s Ihenoan...... the....covøs..... the surface or which has ~
sold Of' CIIheIwIse*,*: Such bond or bonds furnished pdor 10 !he development rI!he lands
contaInIId In this ....'niIy be incr88SIId In IIUCh RI8SOIIIIbte.ulllls _ ...~ IIIIy deCkle
upon CDfMIIIRCiIIIIII or dnIIing oper-. and efter the ~ or 011 or Ps.
(b)PAYMENTS. To mike all ~ acauIng ____ 10 !he Office or Slate Lands and
Inveslmlnls. 122 West 25th SInIeI. QIewenne. WyarnIng 82002-0&00.
(c)RENTALS. PrIor to !he dlsc:ouery or 011 or lIS In paying quantities 10 pay !he lessor In
advance. beginning wi" !he effective date hereof, an annual renIaI or $1.00 per aøe or rracuon
thereof.
After the dlscov.y or 011 or gas In IIIytng C \81tilles 10 pay the ~ In advance beginning wiIh
the first day or the IeIIS8 year succeeding the IeIIS8 year In which actual disaMory - made. an
annual RlflIaI 01 $2.00 per aae 0I1rac:tion 1henIOf. unless changed by agreement. Such renlalso
paidloe any one year shall be aedIted on the royally lor that year.
Annual rentals on aU laMS liliiii be payable In advance for the first year and each year
lhereafter. No noIIc:e or renIaI due shall be senllo the 1_. If the R!IIIaIIs not paid on or
before the dale II ~due. noIIœor defaullwiII be senllo the'-. and a llll8ltyrlSD.50
per acre /or late payment wiI be .....-I.
The lessee Is noIleg8IIy obIlgaled 10 IIIIY ei!her the rental 01 the penally, but lithe rental and
penally are not paid within lhilty (30) days alter the noIIc:e or defaull has ~ reœMd. .......
wllllaminale lIUIomaUcaIIy by D IIIfIIIion or law. Temìnallon or the leaSe shall not reUew the
lessee 01 .any obIIgaUon Incurred under the IeIIS8 aIher than the obIIgallon 10 pay rental or
penally. The IesSM shall not be entilleillo a aedit on royalty due for any penally paid for late
paymenls 01 R1f11aI on an operating 1_.
(d)ROY AL TIES_ The fOyIIIIies 10 be paid by IesSM _:
(ilOn oil. 0NHixIh or hI produœd; sa.. and &Old fromsaìd land. !he same 10 be delivered
at the wells or 10 the credll or ~ Into the pipe line 10 which the wells IIIIy be connecIed.
(II) On gas. Including caslngI...s gas 01 allier hydr-"«o sub5tances. pmduced from said
land saved and IIOkI 01 used off the prenises Olin the IIW1UIacIure or gasoline III' oilier pmducIs
IlIereIrom. Ihe markel value al the well rI OfIIMIixlh or the gas so IIOkI or used. provided thelon
gas sold al the wells. the royalty shall be 0NHixIh or the amount realized from IIUCh sale.
(ill) On aU other hydrocalbons or value and gaseous subs1anœs and elemenls pnxIuœd or
extracted. including propane. butane. sulphur. nitrogen. CIIfbon dioIIide. and helium. at such
royally as lllell be IftIIUaIIy deIemìned 10 be fair and ...-.able.
(ivl For royally purposes on gas and natural gasoline the value lllell be _ approved by the
lessor, and in the deIeminaIIOn or the...... or naIUrIJI gasoline the /air CIOSI or eJdradion shall be
considered _ a deducIibIe Item: provided. '-.that the ~ lor !he cœI or I!IdnIcIion
nøy exceed '-"hInIs or the amounI or value only on appRIVat or the ~ and In no -" shall
the price /or gas. or naIInI gasoline. be less than \hat reœIVed by !he UnIIed SIBle of America for
ils royallJes lrom the _field.
(vI Naturat gas and 011 acluaUy used lor operating purposes upon \he land and. a:epI as 10 !he
ultimate sale 1hefeoI. gas or liquid hydroœrballs reIUmed 10 the sand for stimJIating \he
produdIon or oil 01 seœncIaIy recovery purpases shall be royalty free.
(el DISPOSITION OF ROYALlY OIL AND GAS. To delIVer 10 the lessor. 0110 IIUCh 1ndMduaI.
film III'CIIfpOI8tion _the ~lIIIydesignate. all royalty 011. gas.0I0Iher1dndred~
'ree or charge on !he preni_ where produced. or. al \he option or the lessor. and In lieu of said
royalties in kind. \he 1esSMaar- 10 IIIIY \he IessOIthe field nøkeI prICe 01 vakJe or aI royalty
Oil. gas, oe oilier IcIndred hydrOCllltlOlIS pruduc:ed and saved.
When the lessor eIecIs 10 lake lis royally oil. gas, OIaIher hydnIcaIbons In kind IIUCh as 01. gas.
ar other kindled hydroœrbolls shall be good men:hanIabIe oil. gas. 01 oilier Idndred
hydrocørbons. The IesSM shall if --V M'nIsh storage for royally 0II1nIe of charge Iorlhirty
(30) days after the end rllhe calendar month In which the oil is produced. upon the leased
premi_. or at the IIUCh place as \he __ and \he IesSM IIIIY II'UIuaIIy agI8e upon. provided.
lllal the lessee shall not be held liable lor loss 01 destrucIIon or royalty 011 so stored from__
beyond his c:onIroI.
The free slcxage 01 oil, _ henIIn pruvIded, shall apply only as long as the said oil Is the properly
or the lessor. '
(I) MEASUREUENTS OF PRODUC11ON. To gauge. __ and corred Ior~"
producIion from said lands In conformønœ with the rules and reguIaIIonsada led by Ute BœnI rI
Land CormIIssIoners and report said produdion 10 the ~ in accanIance Uterewlth.
To keep books. reœnIs. and RI IOIts per\IIInIng 10 \he IRIdUdIon from \he land...... '-I as
well as lhasa pIII1ainIng 10 \he production from oIfseI wells operated by Ute lessee. his operator.
or sub-lassee on oilier lands. ''''*'' shall be opened al all limes /or the inspeCIion or any duly
authOriZed agenl or the lessor.
To furNsh the ~ wi" original pipe line reparIs ""-ing the day. monIh. year. amaunI.
gravities. and Ien'4lenllures of all 011 run and wi.. monthly reparIs showing \he IIØIIh, yar.
amounl. and price or aU gas and nalUnll gas gasoline and other pmducIs pmduced and srId from
the land herein leased. and the IIIIIIIUIII or lIS reIumed 10 the sand.
(0) MONTHLY PAYMENTS AND STATBENTS. UIIess !he time or payment IS otherwise
extended by the Office or Stale lands and InvesImenIs 10 l1li'" payment on III' befont the
twentieth (20lIl1 day of the calendar month succeeding \he month or producIion and removal and
sale or oil and lIS /rom said land. and 10 furnish _ manthIy slatenøllS then!wIIh showing In
delaillhe quantily and quality or \he produdion (per wealf required where praclica/I from \he land
hen!by leased, and \he quantily and quality of the producIIon (per"where prac:IicaIlfromolfset
wells upon cornering 01 conllguous land operated by !he lessee. his operaloror SlJb. essee and
such other Infonnatlon as IIIIY be called lor In \he lorm 01 report pIII5aibed by lessor.
(hI WElLS TO BE DRILlED. To dIiII and operate elfeclively all weIIs.-y 10 ~
offsel wells upon and production /rom adjoining lands.
To drtn such acId1tional wells al IIUCh limes 01 pIaœs _ are necessary and essentiat to \he
~ IeveIopnWII and c:ømwdaI producIIon or !he 011 and gas __ or said Iand_ '.
lijlOG OF WElLS AND REPORTS. To keep a log. in the farm approved by the lessor. or eøch
well drilled by \he IesSM on !he lands henIIn leased. showing !he Slrala and character or !he
lormaUons. ....Ier sands and minerai deposits peneIJaIed by the cIrIn. amount or casing. siD and
where sat. and IIUCh other inlGmllIlon _ the 1_1IIIy require which log or copy thereof shall
be furnished 10 \he lessor.
To file progress repocts. in \he lorm presaibed by the lessor. at !he and or each thirty (30) day
period while each well is being drilled.
To file aMUBIIy. 01 alllUCh times as \he less« may require. maøs showing the development or
the slructure and !he locallon of all wens. pipe lines and other woriI$ used in connection with the
operations of the lessee upon said land. .
To make IIUCh allier reparIs peftaInIng 10 \he production and operaIIons by !he Iesæe on said
land. and report IIUCh OIlIer InlGmllIlon as may be possessed by \he lessee on !he wells.
production or ap.-ations or others on lands on Ihe _ 8DIogIc s\rUdunt thai nøy be of
importance in e/fectIng proper develcJprNnl and operaIIon or the lands herein leased. _ mIY be
called lor by the lessor. All logs. maps. and reparIs lllell be sublrilled In dupllcale and \he 0fIice
of Slate Lands and ...- may_ such reports as œnditIons may..-ranl.
OIPRODUCTION. Tooperale the wells upon the land herein leesedin a ~ andelllcienl
manner in an andeaVOl 10 reœvw all !he oil and lIS econonicaIIy pouibIe from said land and 10
prevenl the under dnllnage or the 011 and gas Ihereunder by wells operated by the ..... 01
olhers on camer\ng or contiguous lands 10 Ihose leased herein. All plans or methods /or the
IUfpCI88 or sIimuIaIing 01 Increasing producIIon on lands .... leased allier than lhasa in
comman use shall /In;I be ..-eel 10 !he lessor for approval before being put Into actual
operalt""-
No production ~Is limiting. resIrtcIIng. prorating. 01 oIheIwIse atfeCling the
nalulalproducllon /rom said land shall be enlered Inlo by the lessee. nor shall the 1_lIml.
tllfHldrid tv' l"If't'tIa'A 1M nAh N'RI nnvtIlrilnn fmm \II:aItt laM In.n" \1M" N In .,."....... ~ with
drilled on lands ~ 1hM 200 feet from \he prr-'" ~- thereof: 10 conduct all
operations sub ect 10 If 'JIICIkIn of ilia -.r. 10 CBI '-'s 8JC IeN8 atl
reasonable 0Iders and', ;emenls of the ~ ,........ ...~_ .....-diOn or wæIe and
preservation or \he propeny and the health and uIeIy of.œcmen InClUdIng the repIanIIng and
IIISeedInO or drtIIIng Illes and oIIø _ dIsIuIbed by cIrtIIIng aperaIIons and on failure or !he
I_SO 10 do !he ~ shall have the rlghl,lo II1herwilh aIIIer'- herein provided. 10
enler on the pn¡perty 10 repair damage 01 prevenI-aa at \he 1esSM's IIIIpI!IIS8; 10 8bkIe byand
c:onfarm 10 valid applicable reguIaIIon5 IIesaIbed 1o..........1he _ or llesurlace.1I aIher
than the ~. or '- of grazing rtgh\s IhenIOI for IICIuII cIønII IIS IIIeIeIo and Injury 10
~ Ihereon. pnMded. IhaIthe IesSM shall not be held responsible for ads or
pnMdenœ or 8CIIons beyond his œntroI.
(mITAXES AND WAGES-FREEDOM OF PURCHASE. To IIIIY. ""*' clue eI' .... lawfully
.....-I and levied under the ... or Ihe Stale of WJIIIIåIII upon ~'o )I-"" oil and gas
pmduced rrom the land hereunder. 01 alNrrIgID. pn¡perty ar..... or the""" 10 lIIXXIRIaI
.œcmenand~con.-..hedomor~andlollllYaII-uesdue_and
8ß1IIoyees In ob........_ wiIh the ... or Ihe SIBle or WyarnIng.
(n)ASSIGNMENTS OF lEASE-PRODUCTION AGREEUENTS. Not 10 assign this lease 01 BIW
IntereSt IhenIIn. nor sublet any porUon of !he 1eMed......... uœpt wIIh!he consanl in MiIIng
or \he lessor first had and obIaIned.
All 0IØridIng royalties 10 be VIiIid, nul have the ap nMII or lie Bcø1IlII'by \he 0IIice or Slate
Lands and "'-"-* 1IIIØI,aIIIhorIIy 10 do SO ... been deIegIIed by \he BœnI and will be
reœnledwlth the lease. The Bcø1I_thertghtordisappnMII or such-"dlnglOWllllIes
when In lis opinion \hey became excessive and hence _ clelrimenlallo!he proper dIMIIopmenI
or !he leased lands.
(o)OEUVER PREMISES IN CASE OF FORFEfTURE. To delIVer up Ihe'-eel preIIåeS. wiI'I all
pennanent""'--- thereon. In good ani« and œndUIan In case or lorfeIIuntor this.....
bulthIs shall not be cansInIed 10 '
prevenl the _I. allendIon or r..-I or III UIpnwII and 1I..._1s In the ordinary
CIIUII8 or 0þeI1III0nS.
Section 2. THE lESSOR EXPRESSlY RESER\IES: .
(alThe righllo lease sell. or oDwwiSe dispose or the surfaœ or the land ecdIIIIceIÌ wfthin this
lease under eIIsting laws III'Iaws ........ enacIed. and In .cœ.ea ... Ihe JUles or \he
Board or land Connissions insofar _\he surface Is not ~forthe use or the IesSM in
the cøhdUCI or operations hereunder.
(b)1be rtght 10 lease. seD. 01 ofheIwise dispose of oilier mineral 01 subIurfaœ -.rœs not
covered by the lease. in aa:ørdanœ IIiIh the applicable laws and the JUles or the BœnI or. Land
CormissIonars.. '
(c)From the operaIion or this "".\he surface lands hI nI\Obe """for~ and
easemenls anctreseMlS\herighllognllllSUCh oIIør\ lllso-ofoMyand_asprawldedby
the steIuIes or the Slate or Wyon'Mg...1ong asllUCh dghIa. III w.y and__donotawllict
wi" the operaUons for 011 and lIS on !he land henIIn-.ct.
(dlThe rI~ 10 refuse 10 carmit!he leased lands loa unit plan or de,oe/opmeId If the BœnIInds
IIUCh adion wodd in1Jair the lessor's...-l rtght 10_ lis I'IJWIIIIy gas In Icind and Iopun:l-.
all aIher gas aIIocaIed 10 the leased lands a provided In SecIIon 3(e~.
(e)The rtghllo atler or modiIy the quanUIy and IIIIe of producIion 10 the and thaI_ie lIIIy be
eIir!ùIa1ød III'Ihat producIion IIIIy œn/OImlO IheIellllee'1l _....or ..........produdIon...
any system or Stele III' NatIonal aJrtaIIn-' and proraIIon auIhorized by .... .
(1)1n addiIion 10 lis righllo II!ke lis royalty gas In kind. ..___the rtghtand option 10
pun:hase an oilier lIS pmduced lor sale 01 use ,. \he ........... ThIs option shall be
-œed only lithe BoenI finds thet the lessee has recelwcI and Is wilting 10 aœept a bona fide
offer from a pun:¡......1ntends 10 sallII'tnnparllhegaslnlOlnIenIaIe_and \hat
one III'mareinlraslate IUId1as«s(l.e. ~who" use. -. 01l18li ..gasforuse
III' COßSUII1IIIan entirely wllhtn the Slate or WyIIIring) _ 'MIØng and able 10 ~ the lIS
upon IennI ~.....~""loand atleastasflMnblelolhelesSM_lllœeofJen!d by
\he interstate purc:IIas«. The Bœrd shaII"'ve this opIIon and pemiI an inIenIIale sale Iflllinds
that no InIrasIaIe purd\as8r IS wilting and abIa 10 pun:hasa \he gIIS upon terms which are
.-onabIyoon.-atJleloandalleast_flMnblelO........ "'a CDIIdIØon Iosudl__.
a saIIsfadory agreement fIllY be entered InIo by 1IIHdI\he IRIducIIon or lis royalty gas nøy be
deferred ....., II can be pmduced and &Old for -...... and use entirely within the Slate or
WyomIng.
Section 3. APPRAISAl OF IMPROVEMENTS. The IesSM shall have the right sub ecl1o \he
pnMsions or TIlle 36, _ 10 Stele and SIaIII SchDoI L...-. and TIlle 1 t. as 10 SIBle '--' and
~ Bcø1I Lands. W.S.1977.Io.......anyl..\jIj_...OMIedby....wlthlna
A!IIISOI18bIe time alter the I8mínation or this..... ~ B J.s \hat any IIUCh InICll_neolls
not nInIIM!d within a ___ time after......... orlhls.... shall bedllpœedor UaBII
10 the above sIaIutes.
SecUan 4. FORFEITURE ClAUSE. The BœnI shall have the power and ..Ihorily 10 cancel
'- IIJCURId bylraud. deœIt. ar ßis¡,....._àIIoo.. arfor" use or........ for........ or
l1iegai IUI IOS8S, 01 for \he violation or.. __ or the..... upon proper praoIlhenIOf. In
the -' 1haI\he lessee shall defaUt In Ihe peøfoI.- or'___ or any or the I8nI15.
--.. and sllpUaIIons hereof. or or.. genarallII JUIaIIOnS IRIIIIIIgated by Ihe BœnI or
Land CormIIssIøneIS and In foIœ 0II1he date hereof. \he lessor shaII_ noIIca or IIUCh failure
or default eillw'by peISØoaI servtce 01 byC8lfilled 111'............. upon Ihe'-. andlfsudl
faBure or default conIInuas loe a period or INrty 1301 days after \he servtce or SUCh noIIce.lhen
and In thaI event the lessor nøy. at lis option. dedanI a bfeIIunt and cancel thIS ......
whereupon"""'" and privileges. 0bIaIned by the.... ____ sha111enrinaIe and_
and the lessor may _tar and lake possassIon or said preIIØa ar any pert 1henIof. "'-
IIOIrisiøa shall not be c:onsIIUed 10 pr-.t!he..use br Ie80r any \agIII arequilable I8IIIIdy
which the lessor might oIheNIise have. A __ or any partiaIIaI' __ 01 forteiILn shall not
preV8II!he canœllallOII and forfeiIIn'or thIS ... by any allier __ or forfeIIure. 01 for !he
same cause oa:uning at any oII.-lIme. ,
Section S. RElINQUISHMENT AND SURAENDER. ThIs leaSe mIY be nIIInquished and
surrendered 10 lessor as 10 all or any legal subdlvIIIon or said lands _101'-:
(allf no opeI1IIØw have been conduded under the .... on .. ....10 be IIIIInquIshed. !he
lessee shall file with \lie Slate land Bcø1I and Slate I.Dan and ..---.. BœnI. a .....
telìnqul"",*" orsurrender, duly s/ pIed and acIooa '19" and sIaIIng.......lhlltnoopellllllons
have ~ cunducIed on the land. The raIInquIshmenI so filed shall ~ eIecIve on" date
and hour of receIpIlhereoIln the office of the 0iIKIar 01 at _ later date, II such be so
specified by !he lessee lhefejn. lithe said relinquishment falls 10 slate thai no øperaIions have
~ cunducIed, \he 8IfecIive dale or raIInquiShrIw1I ShIll be .. date .. ntIInquIshmen\ IS
II IpfVVed by the Board.
(blllopenlllons have~ conduded under...... 011 land ~loberellnquished.1he
IesSM shall give sixty (60) days noIIœ and shall file wiIh \he Dndara wrtDen rellnquIsMwII III'
surrender duly acknowledged and staling !hereIIIthat operations have been conductecI 011 the
land. The reIInquIshmenI shal not became eIfecfIve until the land and the wells ...... shall
have ~ placed In candltion accepIabIe 10 ~ and shall havebeenll l RlVed by the SIBle 011
and Gas SupefvIsor.
All renIaIs beconing due pdor 10 a surrender 01 reIInquIshmenI beconing eIfecIive. shall be
payable by 1_ unless paymenl IhenIOf shall be waived by lessor. A relinquishment having
became elfedive there shall be no __ br lessee and...... as 10 !he re/inqUISIIed lands
nøy not be reinsIated.
000063
6C II LJU £~30 LOal
SJ.~~3 ;';1 SJANI
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