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HomeMy WebLinkAbout908050OO25 RATIFICATION AND EXTENSION OF OIL AND GAS LEASE THAT WHEREAS, under date of the 22nd day of April, 2001, a certain oil and gas lease was made, executed, and delivered by Richard Brady, as Lessor, to EOG Resources, Inc., as Lessee, covering the following described lands in the County of Lincoln, State of Wyominq, to wit: TOWNSHIP 26 NORTH, RANGE 112 WEST, 6~ P. M. Section 19: Sl/2SEl/4, SE1/4SW1/4, less a highway tract more fully described in Book 21, Page 143, of the Register of Deeds, Lincoln County, Wyoming. containing 117.64 acres, more or less, which lease is recorded in Book 467, Page 165 of the public records of the Lincoln County Clerk and Recorder's office, hereinafter referred to as the "Subject Lease". 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 22nd, 2005, thereby extending the primary term of the Subject Lease until April 22'd, 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 shall remain in full force and effect. FURTHERMORE, for said consideration, 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 lease in all of its terms and provisions is binding on us and is a valid and subsisting oil and gas lease, as amended and modified, nd 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 a~'d thiS lease shall not be terminated in whole or in part, nor lessee held liable in damages for failure to compIL;, therewith if cOmpliance is prevented by, or if such failure is the result of, any Such Law, Order, Rue or Regulati6r~i" IN WITNESS WHEREOF, this instrument is signed on this ~ay of ,2005. y COUNTY OF ,(J,~ ) ~ B.E~FORE ME, the undersigned, a Notary PUbl~:~:ihnara(nd for said County and State, on this ~2/.C,'~-, day of ~'?D/L;,'. ~L ,2005, personally appeared ' d Brady, a sin.qle man, to me known t~' be th'e identical' per~'on described in and who executed the within and foregoing instrument of writing and acknowledged to me that he 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: ~ ~ ~ ( ~-~F~' 7 SEAL: NOTARY PUBLIC STATE OF UTAH My Commission Expires July 01,2005 CONNIE BENNETT 676 East Marvin Gardens Satt Lake City, UT 84106 RECEIVED 5/2/2005 at 11:43 AM RECEIVING # 908050 BOOK: 584 PAGE: 251 JEANNE WAGNER LINC~UNTY CLERK KE: .~:::,