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LINCOLN COUf',t'f~f OLERI<
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875266
LEASE EXTENSION AND ~VANCE PA~ENT AG~EMENT
a 1 ¢ ghter
THIS AG~E~NT dated the 13th day of Febma~ , 2001, by and
K~e~~~, Trustee. of the Jack M. Smith and Kathrvne Mau Smith Fam~v
,&/3 / ~ ' , ~ , whose address is 840 Hillside Drive, Green ~ver, Wyoming 82935, as L~ss~r and
BA~TT ~SOURCES CO~O~TION~ whose address is 1515 Arapahoe S~eet, Tower 3, Suite 1000, Denver,
Colorado 80202, hereinafter refe~ed to as Lessee.
WI~ESSETH:
WHE~AS, on March 3 I, i 998, Lessor executed an Oil and Gas Lease recorded in Book 411, at page 267 in favor of
Lessee covering the following described lands in LincoM County, Wvomin~.
Township 23 No~h, R~ge I ! 6 West
Sec. I: Lots 2(39.91, ~NE~), 3(34.55, NE~NE~A), 4(15.45, NW~,
5(28.16, SE~NW~), 6(33.45, NE~ASW~A), 7(17.69, NW~SW~), SWINE,, W~SE~,
s~sw~
Sec. 2: Lots 4(24.34, NW~SE~, 5(17.65, NE~SE~), SE~SE~A
Sec. 12: N~NW%, SE~NW~, W~NE~, NW:ASE~, NE~SW~A
Tract 37 247.39 Acres (Sec. 1, 2)
TownsM~ 24 No~h, R~ge 116 West
See. 35: Lot 1(21.91, SE~SE~), N~SE~
Lot 37 36.27 Acres (Sec 35, 36)
NOW THEREFORE, in consideration 'of the sum of One thousand six hundred seventy-five dollars and 15/100
($1,675.15) and other good and valuable co ,nsideration, receipt of which is hereby acknowledged, Lessor does hereby
ratify, approve, confirm and ad6pt the 'above described oil and gas lease and any exhibits, attachments, and/or
amendments thereto ("the Lease"), and does hereby lease, grant, demise and let the lands described on Exhibit "A"
attached hereto and made a part hereof unto Lessee, subject to and under all the terms and provisions.of the Lease and
attachments thereof and as to the lands described on Exhibit "A" attached hereto and made a part hereof, does hereby
ag[er and declare that the Lease is now in full force and effect, that payment has been made of the entire bonus
consideration and that all delay rentals and shut-in rentals, if any, necessary to extend the Lease have been timely paid.
It is further understood and agreed that the words and figure ,three (3) years" appearing in the primary term paragraph
of said Lease are hereby deleted from said Lease and in lieu thereof are substituted with the words and figure "four (4)
y.ears" from lease date.
SAID LEASE shall remain unchanged, and for the consideration above r~cited: (a) Lessor and Lessee ratify, confirm
and adopt said Lease as hereby amended and acknowledge that same is valid, subsisting and in full force and effect, and
agree that the sum herein paid by Lessee to Lessor shall be considered not only as consideration for this Agreement but
shall also constitute the full delay rental payment accruing under said Lease as hereby amended for the twelve month
period commencing on the above listed date; and (b) Lessor does hereby grant, lease and let the Iknds described on
Exhibit "A" attached hereto and made a part hereof to Lessee, its successors, subleases and assigns, upon all and
singular the terms and provisions of said Lease as amended hereby.
THIS LEASE EXTENSION and Advance Rental Payment Agreement may be executed in any number of counterparts
and such counterparts shall be deemed to constitute a single agreement and the execution of one counterpart by any
Lessor/Lessee shall have the Same force and effect as if Lessor/Lessee had signed all of the Other counterparts.
THIS AGREEMENT shall be binding 'upon and shall inure to the benefit of the respective heirs, successors, legal
representatives, subleases or assigns of the parties hereto.
IN WITNESS 'WHEREOF, Lessor and Lessee have caused this Lease Extension and Advance Rental Payment
Agreement to be duly executed as of the date first above written.
BARRETT RESOURCES CORPORATION
JalCltXl~~. Na-nt~y Slaughter /,,.~tl~.' d'OS~PI:IP. BARRI~
I;~~Smilk, Trustee of the .&Wl'Ol:l/~Y-IIg-~l.O~ ~
Jack M. Smith and Kathryne Mau Smith
Family revocable Trust dated~.9/?,/? t~
~[~7 C~'-'-' INDIVIDUAL NOTA_KY
STATE OF,,, ~Y0~g )
)ss
CO--OF SWEETWATER )
Nanc~ Slaughter
BEFO~ ~, ~e ~dersi~ed au~ofi~, on ~S day personally appe~ed ~k ~.~
Trustee;,... of the Jack M. S~ ~d Ka~e Mau S~ith F~ly Revocable Trust da~ed
~o~ to me to be ~e person-, whose n~e::' ~ S subscribed to ~e foregoMg Msment ~d ac~owledged to me ~at
~ey executed ~e s~e for ~e p~oses md consideration ~ere~ expressed.' '
G~N ~ER ~ ~ ~ SE~ OF OFFICE ~S 7THday of ~RCH , 2001.
......~ . ............ / / ., ? ,. .....
JULY 17, 200~ : [ 1'.~'7/,' ~
[ u~ co~s~o~ ~XmRES -
~OMING JULY 17 ~ '