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HomeMy WebLinkAboutContract 40639 CITY SECRETARY CONTRACT NO. . 14NAC- 1 MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the day of 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. 04, Executed this the?9 y of s , 2010. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC Oklahoma 'm 7l liability/company By: Fernando Costa B : David G. Brannen Title: Assistant City Manager poa ®�ntkand Manager IOC 0, °dQO��� A ST: cot 000-10's°4��D p�,Y1 O ✓ #5f—Clity Secretary �4 o°00 °°*141 �Asaa�p APPROVED AS TO FORM AND LEGALITY: Assistant City rney Date:_ CA/�' /� J NO M&C REQUIRED tC12-TYSECRE]TARYL RECORD ORT 07-30-10 P03:59 1 07-01 -10 P02:33 IN ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned, a notary public, on this day personally appeared Fernando Costa, Assistant City Manager, 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. Vz- GIVEN under my hand and seal of office this day of 2010. otary Public, State of Texas My Commission Expires: �'''P ,, EVONIA DANIELS Commission Number: = MY COMMISSION EXPIRES =rye `•= Jury 10,2013 STATE OF OKLAHOMA § COUNTY OF OKJCI O MA § BEFORE ME, the undersigned, a notary public, on this day personally appeared David Brannen, Land Manager, 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 this day- of l , 2010. X, 2 Notary Public, State of Oklahom%a JREN TRS ''% My Commission Expires: Commission Number: :EXP.10/15/12:Q 2 EXHIBIT A 1.630974 acres, more or less, being a tract of land situated in the J.M.C. Lynch Survey, Abstract No. 955, Tarrant County, Texas, and being more particularly described in that certain Quitclaim Deed from Glacier Park Company, as Grantor, to the City of Fort Worth, as Grantee, recorded in Volume 9725, Page 1833, filed on October 10, 1989 in the Deed Records of Tarrant County, Texas. (St.L-SF RR ROW) 3