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HomeMy WebLinkAbout953445RELEASE, SURRENDER, QUIT CLAIM, AND TERMINATION OF ACCESS ROAD; DRILL SITE; AND SUBSURFACE AGREEMENT KNOW ALL MEN BY THESE PRESENTS: That, Fairways Offshore Exploration, Inc., a Texas Corporation "Fairways qualified to do business in the State of Wyoming, whose mailing address is 13430 Northwest Freeway, Suite 800, Houston, Texas 77040, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged and confessed, and having no further use or purpose for the Access Roads, Drill Site and Subsurface described in the "Agreement" hereinafter referred to, does hereby release, remise, relinquish, surrender possession of and quit claim to Bell Butte Grazing Partnership, a Wyoming Limited Partnership "Bell Butte whose address is c/o Edward M. Bown, Attorney at Law, 1015 East 3900 South, Salt Lake City, Utah 84124, and its respective successors and/or assigns, if any, free and clear of all liens and encumbrances, all of the right(s), title(s) and interest(s) of every kind and nature, of said Fairways Offshore Exploration, Inc., in and to that certain Access Road; Drill Site; and Subsurface Agreement dated July 1, 2005, and the property described therein (herein the "Agreement made and entered into by and between said Bell Butte Grazing Partnership, a Wyoming Limited Partnership "Bell Butte and said Fairways Offshore Exploration, Inc., a Texas Corporation "Fairways and all amendments, modifications or extensions made thereto, if any, which Access Road; Drill Site; and Subsurface Agreement was recorded and covers lands located in Lincoln County, State of Wyoming, as hereinafter set forth and described, to wit: Access Road; Drill Site; and Subsurface Agreement above dated effective July 1, 2005, was recorded November 8, 2005 in Book 604, Page 59, Entry no. 913532, and covering portions of the following described lands in Lincoln County, State of Wyoming, to -wit: Township 19 North, Range 119 West, 6 P.M. Section 17: NW1 /4 and NW1 /4NE1/4 In addition to the foregoing, Fairways also represents herein to Bell Butte that it has complied with all of the terms and conditions under said Agreement on its part to be kept and performed and desires to terminate said "Agreement" and hereby requests Bell Butte to concurrently herewith consent herein to the termination of said Agreement and in consideration of and based upon the foregoing representations of and by Fairways to Bell Butte, Bell Butte and Fairways hereby jointly terminate the said Access Road; Drill Site; and Subsurface Agreement in all respects. IN WITNESS WHEREOF, said Fairways Offshore Exploration, Inc., a Texas Corporation and Bell Bu to Grazing Partners ip, a Wyoming Limited Partnership, have executed this Agreement this day of 2 010 RECEIVED 5/13/2010 at 3:27 PM RECEIVING 953445 BOOK: 747 PAGE: 219 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY FAIRWAYS OFFSHORE EXPLORATION, INC. BY: 000219 General Partner STATE OF Was COUNTY OF I Iarri s The foregoing instrument was acknowledged before me by C arre4 UoI 1 the 0�' O jy ���;1` of F Offshore Ex�loratiQn, Inc., a Texas Corporation, on behalf of the Corporation, this P day of 2010. .....1ArTT1TFCC ,T al seal. a Y USA LANELLE SLOAN Notary Public, State of Texas My Commission Expires November 25, 2012 My Commission Expires: 1l�fa/• �S ,aota- STATE OF i// 2 ,7,77 COUNTY OF Z.1/ :ss :SS Its BELL BUTTE GRAZING PARTNERSHIP ACKNOWLEDGMENTS OO22O Notary Public Residing at: rugs The foregoing instrument was acknowledged before me by Charles Rex, the Managing General Partner of Bell Butte razing Partners p, a Wyoming Limited Partnership, on behalf of the Partnership, this day of i; 2010. WITNESS my hand and official seal. My Commission Expires: /0 d 2 Residing at: /01)/ MARTHA E. PEDROZA NOTARY PUBLIC County of State of Uinta Wyoming My Commission Expires March 12, 2012 ublik bellbutte\Agreements\Fairways Release Acc Rd Drill Site etc Agmt2_10 OO221.