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HomeMy WebLinkAboutContract 39536 CONTRACT NO Y 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 O C- "o QErZ , 2009, 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 FOUR SEVENS ENERGY CO., LLC, 201 Main Street, Suite 1455, Fort Worth, Texas 76102, 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 o day of p C T� , 2009. LESSOR: LESSEE: CITY OF FORT WORTH FOUR SEVENS ENERGY CO, LLC By: By: y Title: Assistant City Manager Its: 14 ATTEST: �n y &C REQUIRED City Secretary NO M APPROVED AS TO FORM AND LEGALITY: By: Assistant City torney Date: l '2 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 1 w ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, VP n 1:0,- Alil.I the undersigned notary public, on this day personally appeared , known to me to be the person whose name is subscribed to the foregoing instrument and acknowledged that (s)he has executed the same for the purposes and consideration therein expressed. GIVEN under my hand and seal of office thisC14 day of&ie1e/ , 2009. tary Public, State of Texas My Commission Expires: Commission Number: `.a�MYfyy : EVONIADMgELS = MY COMMISSION EXPIRES July 10,2013 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, Da-IJ 10 P A*S the undersigned notary public, on this day personally appeared 1.4?- H !Sim jL� , known to me to be the person whose name is subscribed to the foregoing instrument and 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 ju& 2009. Notary Public, State of Texas My Commission Expires: Commission Number: o�Y PVe( 2 •� =R. rE of<6 OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX 2 e EXHIBIT A .25 acres of land, more or less, out of the J. Kinder Survey, A-893, and also further described as: A portion of Lot 3, Block V. Sunset Acres Addition to the City of Fort Worth, Tarrant County, Texas as shown by a plat of record in Vol. 388-3, Page 136 of the Plat Records of said Tarrant County and being a portion of said Lot 3 conveyed to Tarrant County Water Control and Improvement District Number One by a deed of record in Vol. 4028, Page 353 of said Deed Records and described as follows: Beginning at an iron set at the northwest corner of said Lot 3 in the east right-of-way line of Oak Forest Drive; Thence South 89 degrees 52 minutes East, along the north line of said Lot 3, a distance of 125-5/10 feet to an iron set in said north line of said Lot 3; Thence South 28 degrees 26 minutes East 87-2/10 feet to an iron set in the south line of said Lot 3; Thence North 89 degrees 52 minutes West, along said south line of said Lot 3, a distance of 159 feet to an iron set at the southwest corner of said Lot 3 in said east right-of-way line of said Oak Forest Drive; Thence North 5 degrees 58 minutes West, along the west line of said Lot 3 and said east right-of-way line of said Oak Forest Drive, 77 feet to the place of beginning and containing twenty-five one-hundredths (0-25/100)acres more or less. (Lot 3, Block V, Sunset Acres) OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX 3