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HomeMy WebLinkAbout907555STATE OF WYOMING ) ) ss COUNTY OF LINCOLN ) AFFIDAVIT OF LEASE EXTENSION 00717 Marc Randal Strahn, being first duly sworn, deposes and says: WHEREAS he is the President of Hanson and Strahn, Inc., which is authorized to do business in the State of Wyoming; WHEREAS Hanson & Strahn, Inc. is the original lessee of record of certain oil and gas,,I)~asehold interests described on Exhibit "A" attached hereto (hereinafter referred to as the "Subject Leases WHEREAS these oil and gas leases have been assigned of record and are currently owned by Cabot Oil and Gas Corporation. WHEREAS the Subject Leases were for a term of three (3) years from April 12, 2002, and as long thereafter as oil and gas of whatsoever nature or kind is produced from the leased premises or lands pooled therewith or drilling operations are continued as therein provided. Each of the Subject Leases contain the following provision: "Lessor hereby grants to Lessee the right and option to extend the primary term of the Lease from Three (3) years to Eight (8) years by paying or tendering to Lessor on or before the expiration of the third year of this Lease the sum of One Hundred and No/100 Dollars ($100.00) per net mineral acre for all or part of the land which Lessee elects to continue to hold hereunder. In the event that the Lease is extended for only part of the acreage recited herein, the applicable provisions of paragraphs 9, 1]., 12, and 17 hereof shall continue to apply to the lands not extended, but with no greater right to Lessor as to said lands and provisions than if the entire Lease had expired." WHEREAS Cabot Oil and Gas Corporation contracted with Hanson & Strahn, Inc. to extend Suoject Leases on its behalf. THEREFORE payment to extend said leases was tendered on April 4, 2005, to the Lessors at their last known address. Said payment was made prior to the expiration of the initial primary term, and that said leases have therefore been extended by said extension provision and that all payments have been made that are necessary to extend the primary term of the Subject Leases until April 12, 2010. Further affiant saith not. · /~_~ . .. -,,. .. ~ ~v%. '~ ' %'. , , Hanson&Strahn, lnc. ....... ,~ %,'. ~ ~ '"~ -' I. ~- ~ ~' ;' ,' .. ..; --__ __ ~ ~' ..' .',~ ~.' o AtteSt reQU reD STATE OF WYOMING ) ) COUNTY OF LARAMIE ) ss Subscribed and sworn to before me this 4th day of April, 2005. My Commi RECEIVED 4/8/2005 at 10:18 AM RECEIVING # 907555 BOOK: 582 PAGE: 717 JEANNE WAGN ER LINCOLN COUNTY CLERK, KEMMERER, WY ~ ' _ Address: Cheyenne, Wyoming STATE OF WYOMING ) ) COUNTY OF LARAMIE ) ss On this 4th day of April, A.D. 2005, before me personally appeared MARC RANDAL STRAHN, President of Hanson & Strahn, Inc., to me personally known, who, being by me duly sworn, did say that he is the President of Hanson & Strahn, Inc. 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 President acknowledged said instrument to be the free act and deed of said corporation. Witness my hand and seal this 4th day of April, A.D. ~:~5 ,v-.~,:.,:., .... Notar My ' '~ '~"'~"E~":'::"~'~;f Comm~~~Es. -~-~E~ Address: Cheyenne, Wyoming 'ID O0?!8 ITl X '1' mm ~ 00719 ~ {30 ~ ~o 0 ~ · 0 0 :~- ~ o~O C~ '00720 X -! I · . 00721