HomeMy WebLinkAbout907969RATIFICATION AND EXTENSION OF OIL AND GAS LEASE00865
THAT WHEREAS, under date of the 2_._~ day of .April, 1997, a certain oil and gas lease was made,
executed, and delivered by William J. Spencer, Jr., individually and as Trustee of the William B. Spencer,
Jr. Trust, as Lessor, to Enron Oil & Gas Company, as Lessee, covering the following described lands in the
County of Lincoln, State of Wyoming, to wit:
TOWNSHIP 26 NORTH, RANGE 112 WEST, 6th P. M.
Section 19: Sl/2SEl/4, SEI/4SWI/4, less a highway tract more fully described in Book
21, Page 143, of the Register of Deeds, Lincoln County, Wyoming.
containing !17.64 acres, more or less,
which lease is recorded in Book 397PR, Page !46 of the public records of the Lincoln County Clerk and
Recorder's office, hereinafter referred to as the "Subject Lease".
vCr~E,,E,-,o, in that certain Extension of Oil and Gas Lease dated April 18, 2001, recorded in Book
471PR, Page 101, of the public records of the Lincoln County Clerk and Recorder's office, said Lessor did
extend the primary term of the Subject Lease for an additional four years from April 22, 2001.
NOW, THEREFORE, the undersigned, in consideration of the sum of Ten Dollars ($10.00+) and other
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, does hereby agree
that the primary term of said lease, insofar as the interest of the undersigned in the above described land is
concerned, shall be and is hereby extended with the same tenor and effect as if such extended term had
been originally expressed in such lease, for a period of four (4) years from April 22, 2005, thereby extending
the primary term of the Subject Lease until April 22, 2009, and then as long thereafter as oil or gas (including
casinghead gas) is or can be produced from any well on the land covered by said lease, or on lands pooled
or unitized therewith. The undersigned agrees, however, that in all other respects the provisions and
conditions of the Subject Lease, or as modified, if any modification thereof may have been heretofore
executed, shall remain in full force and effect.
FURTHERMORE, for said consideraton, the receipt and sufficiency of which are hereby
acknowledged, we, the undersigned and each for himself and herself, as the case may be, do hereby ratify,
adopt and confirm the hereinabove described oil and gas lease in all of its terms and provisions and do
hereby lease, demise and let said land to said lessee, its successors and assigns, and as to said land, do
hereby agree and declare that said lease is now in full force and effect; that payment has been duly made of
the entire bonus consideration and all of the delay rentals; provided, however, that this instrument shall cover
and bind all interest of the undersigned which may have been acquired subsequent to the date of the
aforesaid oil and gas lease and is intended further to cover and bind any interest which the undersigned may
hereafter acquire by way of reversion or otherwise.
We do hereby agree and declare that said oil and gas !ease i,q all of its terms and provisions is
binding on us and is a valid and subsisting oil and gas lease, as amended and modified, and that this
instrument shall be binding upon the respective heirs, executors, administrators successors or assigns of the
undersigned. ,
All express or implied covenants of this lease shall be subject to all Federal and State Laws,
Executive Orders, Rules and Regulations and this lease shall not be terminated in whole or in part, nor
lessee held liable in damages for failure to comply therewith, if compliance is prevented by, or if such failure is
the result of, any such Law, Order, Rule or Regulation.
IN WITNESS WHEREOF, this instrument is signed on this .. day of , 2005.
William J. Spencer, ~., Individu~l'ly,Vand
of the William B. Spencer, Jr. 'Trust
as Trustee
STATE OF !) ~ )
) SS
RECEIVED 4/28/2005 at 10:44 AM
RECEIVING # 907969
BOOK: 583 PAGE: 86,5
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, VVY
ACKNOWLEDGMENT FOR INDIVIDUAL
x.,~,~t~ ME, the undersigned, a Notary Public, in and for said County and State, on this J/ ,day
of . , 2005, personally appeared Williarn j. Spencer, Jr. to me known 'to" be the
identical person described in and who executed the within and foregoing ~nstrument of writing and
acknowledged to me that h_~_e executed the same as his free and voluntary act and deed for the uses and
purposes therein set forth. --
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal the day and year last
hereinabove written.
My commission expires
SEAL: N otar,/ (u'/bb~'~:: ~/' &///(- '(//~'~
NOTARY PUBLIC
/~~~ AI~ANDA TALBOT
i~[~1 ~ 455 East South Temple
o e Salt Lake City, UT 84111 ~...,
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· Se.temb.r 20, 200
~"',.M,19,~" STATE OF UTAH
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