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HomeMy WebLinkAboutContract 40086 CITY SECRETARY CONTRACT NO. MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the Z J day of /VNA 2C l-:\ , 2010, a Paid Up Oil and Gas Lease was made and entered into by and between the CITY OF FORT WORTH, a home rule municipal corporation of the State of Texas, 1000 Throckmorton Street, Fort Worth, Texas 76102, hereinafter called "(LESSOR)"; and CHESAPEAKE EXPLORATION, LLC, P.O. Box 18496, Oklahoma City, Oklahoma 73154, hereinafter called ("LESSEE"), where LESSOR hereby grants, leases and lets exclusively to LESSEE for the purpose of exploring for, developing, producing and marketing oil and gas, together with any liquid or gaseous substances produced in association therewith, from the following described land situated in Tarrant County, Texas,to-wit: SEE EXHIBIT "A"ATTACHED HERETO AND MADE A PART HEREOF Subject to the other provisions therein contained, said lease provides for a primary term of two (2) years, from the date thereof, and as long thereafter as oil or gas or other substances covered therein are produced in paying quantities from the leased premises or from lands pooled therewith, or this lease is otherwise maintained in effect pursuant to the provisions therein. An Executed copy of said Oil and Gas Lease is in the possession of LESSEE at its address indicated above. Executed this the a3lay of %Pt() ,C k- , 2010. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC , an Oklahoma li ed liability company By: Fernando Costa By: C l i f J. Mer r i t t Title: Assistant City Manager p Land Manager ST: FI''ao o` % U O � o 0 � oQ�-�dFj City Secretary as x,°000 °o" AY NO M&C REQUIRED APPROVED AS TO FORM AND LEGALITY: Y Assistant City tomey Date: OFFICIAL I FrO RD Y SF F71 OR-fli, 1 ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned, a notary public, on this day personally appeared Fernando Costa, known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged that he has executed the same for the purposes and consideration therein expressed. GIVEN under my hand and seal of office this4d day of —k , 2010. eotoarvy Public, State of Texas My Commission Expires: Commission Number: IEVONIADANIELS *cam MY COMMISSION EXPIRES July 10,2013 STATE OF OKLAHOMA § COUNTY OF 0 WAVIO W § BEFORE ME, the undersigned, a notary public, on this day personally appeared 1Ifff 11 M(ArWO- . known to me to be the person whose name is subscribed to the foregoing instrument*d acknowledged that (s)he has executed the same for the purposes and consideration therein expressed. /� GIVEN under my hand and seal of office this day of Tl I , 2010. "11iA JFtEN TR Notary ub c, tate of Oklahoma #08010055 N:EXP.10/15/12; My Commission Expires: =9 / Commission Number: Kof OFF7ORTH,TXL RECORD CITECRETARY FT 2 r EXHIBIT A 1.2796 acres, more or less, being Lot 1, Block 1, Four Winds Subdivision, an addition to the City of Fort Worth, Tarrant County, Texas, being part of Abstract Number 117, Tarrant County, Texas, according to Plat recorded in Volume 388-71, Page 9, Official Records of Tarrant County, Texas. (NPD #5) OFFICIAL. RECORD CITY SECRETARY FT. WORTH, TX 3