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PR PAGE 48
KNOW ALL MEN BY THESE PRESENTS THAT:
ATTEST 7 T p o'�
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Secr
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STAT!
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COUNTY OF RICH
WI S S my hand and
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the
official seal
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FOR AND IN CONSIDERATION of the sum of TEN ($10.00) DOLLARS, and other good,
valuable, and adequate consideration, the receipt of which is hereby acknowledged,
UINTA LAND GRAZING COMPANY, a corporation created and existing under the laws of
the State of Wyoming, with its principal place of business in Evanston, County of
Uinta, State of Wyoming, ASSIGNOR, hereby sells, assigns, transfers and sets over
to BELL BUTTE GRAZING PARTNERSHIP, A LIMITED PARTNERSHIP, created and existing under
the laws of the State of Wyoming, and whose address is c/o Wayne Rees, Managing
Partner, Woodruff, Utah 84086, ASSIGNEE, and to its successors and assigns, the
following, to -wit:
All of Assignor's right, title and interest in, to and under that
certain Oil and Gas Lease, dated March 12, 1974, by and between
Land Grazing Company, as Lessor, and Gulf Oil
homa Mortgage Building, Oklahoma City, Oklahoma
following lands in LINCOLN County, Wyoming,
Township 19 North Range 119 West, 6th P.M.
Section 7: E1 /2SE1 /4
Section 17: N1 /2N1/2, SW1 /4
Section 18: N1 /2NE1 /4
Section 19: NW1 /4NE1 /4, S1 /2NE1 /4, SE1 /4
Section 20: NW1 /4, NW1 /4SW1 /4
Township 19 North Range 120 West, 6th P.M.
Section 19: Lot 8
Uinta
Corporation, 600 Okla
73102, as Lessee, covering
as follows, to -wit:
Township 19 North Range 121 West, 6th P.M.
Section 24: Lots 7 and 8
Section 25: Lots 5, 6, 7 and 8
including all rights of action to Assignor accrued or hereafter to accrue
thereunder; and Assignor hereby authorizes Assignee in its own name to
take all legal action it may deem necessary orproper in connection therewith.
A copy said Oil and Gas Lease marked Exhibit "A" is annexed he et and made
IN WITNESS WHEREOk', the ASSIGNOR has caused its corporate seal to here-tot hereunto part
affixed and these presents to be executed by its duly authorized officers this herec
3rd day of September, 1985.
UINTA LAND GRAZING COMPANY
By r.
President
The foregoing instrumeu,: was acknowledged before me this 3rd day of September,
1985, by Wayne Rees and Ross D. Jackson, to me personally known, who being by me
duly sworn did say that he, the said Wayne Rees, is the President, aid he the said
Ross D. Jackson, is the Secretary, of Uinta Land Grazing Company, and that the seal
affixed to said instrument is the corporate seal of said corporation, and that said
instrument was signed and sealed on behalf of said corporation by authority of its
Board of Directors; and said Wayne Rees, President, and Ross D. Jackson, Secretary,
acknowledged said instrument to be the free act and deed of said corporation.
RECEIVED
lNC`�I, N (O1P9TY r
00 AUG -1 AftI10 :09
JEANNE WAGNER
KEMMERER, WYOMING
dal
NOTARY PUBLIC
Residing at Salt Lake City; Utah
1
GAS AND MINERAL LEASE
AGREEMENT, Made 'and entered into this h day of Match
by and between__
Cm., A Wynming Corpora
Randolph, Utah 84064
482
167
NO, 6IAS SEW TIM( CQ1 t�R
Party of the first part, hereinafter called lessor (whether one or more) and
GULF OIL CORPORATION, 600 Oklahoma Mortgage Bldg., Oklahoma City, Okla. 73102, Parry of the second part, hereinafter called lessee.
WITNESSETH, That the said lessor, for and in consideration of Ten more Dollars
cash in hand paid, receipt of which is hereby acknowledged and of the covenants and agreenients hereinafte contained on the part of the lessee to be
paid, kept and performed, has granted, demised, leased, and let and by these presents does grant, demise, lease and let unto the said lessee, its
successors and assigns, for the sole and only purposes of surveying by geological, geophysical and all other methods, mining and operating for oil,
condensate, gas, asphalt, sulphur, and aticrataxxxkomiclx or substances, whether similar or dissimilar, that may be produced from any well drilled by
lessee on the leased premises hereinafter described, and laying pipe lines, and building tanks, power stations and structures thereon to produce, save
and take care of said products, all that certain tract of land, together with any reversionary rights therein, situate in the County of_LinCO1n
State of Wyoming described as follows, to wit: Township 19 North suer 120 WQgt._ b._k .1._____.
Township 19 North, Range 119 West Gth P.M. SAr 19; Lot 8 (37,85 Ac_)
Sec. 7; E/2 SE /4; Township 19 North, Rangy }21 Westth P.M,_
Sec. 17;j/ SW /4: Stir_ 94; Lot 7 (50.2; nr.) i.nt R (49.93 acj_
Sec. 18; N/2 NE /4; Sec. 25;__Lot 5 (49.62 ac T.nt 6 (49 30 A
Sec. 19; NW /4 NE /4; S/2 NE /4;__SE/4.;_ _Lot 7 (4R.9R ar;) tut R (441„_6_6_ Ac
Sec, 20; NW /4_; NW /4 SW /4; and containing __1 .4 acres, more or less.
It is agreed that this lease shall remain in force for a term of ten years from date, and as long thereafter as oil, condensate, gas, asphalt,
sulphur, efitxarknotedzaudKor substances covered hereby, or either or any of them, is produced from said land by the lessee, its successors and assigns.
Lessee covenants and agrees to pay lessor as royalty on all oil, condensate, gas, asphalt and acjamexaginciabc and substances produced, saved
and sold from the Premises one eighth of the gross proceeds received from the sale thereof at the mouth of the well, or, if not sold at the mouth
of the well but sold or used off the Premises or for the manufacture of gasoline or any other product, then one eighth of the market value thereof
at the mouth of the well; except that the royalty on sulphur shall be 500 per long ton marketed; lessor shall have gas free of cost from any gas
well producing natural hydrocarbon gas for all stoves and all inside lights in the principal dwelling house on such land by making his own connec-
tions with the well at his own risk and expense.
If no well be commenced on said land on or before one year from the date hereof, this lease shall terminate as to both parties, unless the
lessee on or before that date shall pay or tender to the lessor or to the lessor's credit in the
First National Bank a t vanston, yarn 30
or its successor or successors, or any bank with which it may be merged, or consolidated, or which succee to its business or assets or any part
thereof, by purchase or otherwise, which shall continue as the depository regardless of changes in the ownership of the said land, the sure of
On thousand two hundred nine_ so Dollars,
which shall operate as a rental and cover the privilege of deferring the commencement of a well for twelve months from said date. In like manner
and upon like payments or tenders the commencement of a well may be further deferred for like periods of the same number of months successively.
And it is understood and agreed that the consideration first recited herein, the down payment, covers not only the privileges granted to the date when
said first rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaid, and any and all other rights conferred. Rentals
may be paid by check of draft and may be remitted by mail. Mailing of rental on or before the rental paying date shall be deemed a timely tender
thereof and shall preclude termination of this lease. Notwithstanding the death of the lessor, or his successor in interest, the payment or tender of
rentals in the manner provided above shall be binding on the heirs, devisees, executors and administrators of stfch person.
Should any well drilled on the land above described be a dry hole or cease to produce and there are no other producing well or wells on the
land or drilling operations are not being conducted thereon, then and in that event if a well is not commenced before the next ensuing rental paying
date after the expiration of ninety (90) days from the date of such dry hole or cessation of production, this lease shall terminate as to both parties,
unless the lessee, on or before the rental paying date next ensuing after the expiration of ninety (90) days from the date of the completion of the dry
hole or cessation of production, shall resume the payment of rentals in the same amount and in the same manner as hereinbefore provided, and it is
agreed upon resumption of the payment of rentals, as above provided, the last preceding paragraph hereof, governing the payment of rentals and the
effect thereof, shall continue in force as though there had been no interruption in the rental payment. If a dry hole should be drilled or if production
ceases at any time subsequent to ninety (90) days prior to the beginning of the last year of the primary term, no rental payment or operations are
necessary in order to keep the lease in force during the remainder of the primary term.
If at any time, either before or after the expiration of the primary term of this lease, there is any gas well on the lands covered hereby, or on
other lands with which said lands are pooled or unitized, which is capable of producing in paying quantities, but which is shut -in either before or
after production therefrom, and the production therefrom is not being sold or used, lessee agrees to pay or tender to the mineral owners in the de-
pository bank named in the lease, as royalty, a sum equal to the amount of delay rentals payable under this lease. Such payments shall he made on
or before the shut -in royalty payment date, as herein defined, next accruing after the expiration of ninety (90) days from the date the well was
shut -in, unless prior to such 'date gas from the well is produced and sold or used. In like manner, on or before each succeeding shut -in royalty pay-
ment date while such gas well remains shut -in, lessee shall make payment of shut -in gas royalty in the same amount and manner. A shut -in gas well
capable of producing in paying quantities shall be considered under all provisions of this lease as a producing well and this lease shall be in force
and effect in like manner: as though the gas therefrom were actually being produced and sold or used. The term "gas well" shall include wells
capable of producing natural gas, condensate, distillate, or any gaseous substance, and wells classified as gas wells by any governmental authority.
The term shut-in royalty payment date" shall mean any rental- paying date of this lease if within the primary term, or any subsequent anniversary
thereof, if after the primary term, or any anniversary date of this lease if no rental paying date is specified herein.
If said lessor owns a less interest in the above described land than the entire and undivided fee simple estate therein, then the royalties and rentals
herein provided shall be paid the lessor only in the proportion which his interest bears to the whole and undivided fee. However, such rentals shall
be increased at the next succeeding rental anniversary after lessee has been notified of any reversion having occurred to cover the interest so acquired.
Any interest in the production from the above described land to which the interest of lessor may be subject shall be deducted from the royalties
provided for herein.
Lessee shall have the right to use, free of cost, gas, oil and water produced on said land for its operations thereon, except water from wells of
lessor. Lessee shall have the right at any time to remove all machinery and fixtures placed on said premises, including the right to draw and
remove casing.
Lessee shall pay for damages caused by its operations to growing crops on said lands. When requested by the lessor, lessee shall bury his pipe lines
below plow depth. No well shall be drilled nearer than 200 feet to the house or barn now on said premises, without the written consent of the lessor_
Lessee shall have the right to drill to completion with reasonable diligence and dispatch (1) any well commenced within the term of this lease
and (2) any well commenced before the completion of a well which has been commenced within such term. If oil, gasxmattgxRSjQ4E or
substances covered hereby be found in paying quantities in any such well, this lease shall continue and be in force with like effect as it such
well had been completed within the term of years herein first mentioned.
Lessee is hereby granted the right and power at any time and from time to time to unitize or pool this lease, in whole or in part, as to any
stratum or strata, with lands or leases adjacent to or in the immediate vicinity of the leased premises, so as to constitute a unit or units not
exceeding in area the acreage prescribed or required in any Federal or State law, order, rule or regulation for the drilling or operation of one well
or for obtaining the maximum allowable production from one well, or 640 acres (plus a tolerance of 10% where•necessary to avoid splitting
leases) each, whichever is the larger. Such pooling shall be effected by lessee's executing and filing in the office where this lease is recorded a
Pooling Declaration identifying and describing the pooled acreage. The discovery and production of pooled substances and development and opera-
tion on any portion of a unit so pooled, including the commencement, drilling, completion and operation of a well thereon and the existence of
a shut -in gas well thereon, shall be considered and construed and shall have the same effect, except for the payment of royalty, as discovery,
production, development, operation and the existence of a shut -in gas well on the leased premises under the terms of this lease. The royalties herein
provided shall accrue and be paid to lessor on pooled substances produced from any unit in the proportion, but only in the proportion, that lessor's
acreage interest in the land covered hereby and .placed in the unit bears to the total acreage of all land in the unit.
If the estate of either party hereto is assigned, and the privilege of assigning in whole or in part is expressly allowed, the covenants hereof shall
extend to their heirs, executors, administrators, successors or assigns, but ao change in the ownership of the land or assignment of rentals or royalties
shall be binding on the lessee until after the lessee has been furnished with a written transfer or assignment or a certified copy thereof; and it is hereby
agreed in the event this lease shall be assigned as to a part or parts of the above described lands and the assignee or assignees of such part or parts
shall fail or make default in the payment of the proportionate part of the rents due from him or them, such default shall not operate to defeat or
affect this lease insofar as it covers a part or parts of said lands which the said lessee or any assignee thereof shall make due payment of said rentals.
An assignment of this lease, in whole or in part, shall as to the extent of such assignment relieve and discharge the lessee of all obligations hereunder.
Compliance with any now or hereafter existing act, bill or statute purporting to be enacted by any Federal or State legislative authority, or with
orders, judgments, decrees, rules, regulations made or promulgated by State or Federal courts, State or Federal offices, boards, commissions or
committees purporting to be made under authority of any such act, bill or statute, shall not consitute a violation of any of the terms of this lease
or be considered a breach of any clause, obligation, covenant, undertaking, condition or stipulation contained herein, nor shall it be or constitute a
cause for the termination, forfeiture, reversion or reverting of any estate or interest herein and hereby created and set out, nor shall any such corn-
(Exhibit Assignment dated 9/3/85)
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