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HomeMy WebLinkAboutContract 42396-A1 k• RETAPIN CONTRACT NO. �f 94P;AJ a�X92015 cm�s�cov �� AMENDMENT.EXTENSION.RATIFICATION&REVIVOR OF OIL AND GAS LEASE STATE OF TEXAS ) KNOW ALL MEN BY THESE PRESENTS: COUNTY OFTARRANT ) WHEREAS, a certain Oil and Gas Lease dated July 18,2011 was executed by and between City of Fort Worth, a home rule municipal corporation of the State of Texas, as Lessor, and Chesapeake Exploration, L.L.C., as Lessee; the Oil and Gas Lease and/or Memorandum of Oil and Gas Lease being recorded in Instrument No. D211258998 of the official public records of TARRANT County,Texas,("the Lease"),covering the following described lands: SEE EXHIBIT"A"ATTACHED HERETO AND MADE A PART HEREOF WHEREAS, it is the intent of the parties hereto, that any and all lands covered under said lease are subject to the terms of this agreement,whether or not specifically described herein;and WHEREAS, the Lease may have expired pursuant to its terms and prior to any such expiration of said Lease, the working interest thereunto was owned of record by Chesapeake Exploration, LLC (a/k/a Chesapeake Exploration Limited Partnership) and Total E&P USA, Inc., and their assigns,and it is now the desire of Lessor to adopt,ratify,revive,confirm and extend said Lease;and WHEREAS, it is the desire of the parties to re-instate that certain lease described in Oil and Gas Lease filed of record on October 25, 2011, in instrument number D211258998, Deed Records, Tarrant County, Texas,said lease being subsequently released in that certain Release of Oil and Gas Lease filed of record on November 18, 2014, in instrument number D214251306, Deed Records, Tarrant County,Texas. NOW, THEREFORE, for good and valuable consideration in hand paid to the undersigned by Chesapeake Exploration, LLC (a/k/a Chesapeake Exploration Limited Partnership) and TOTAL E&P USA., INC. the receipt and sufficiency of which is hereby acknowledged; the undersigned do hereby amend the Lease to allow and provide for an extension of the Lease for an additional term, ending on July 18, 2016 and for as long thereafter as oil or gas, or either of them, is produced from said land or lands pooled therewith and as long thereafter as producing and the undersigned does hereby specifically adopt, ratify,revive,confirm and extend said lease in all of its terms and provisions and do hereby demise, lease and let said premises unto Chesapeake Exploration, LLC (a/k/a Chesapeake Exploration Limited Partnership) and TOTAL E&P USA, Inc. its successors and assigns, subject to and in accordance herewith, and do hereby declare and agree that the said Lease in all of its provisions is binding,and that the same is a valid and subsisting Oil and Gas Lease. FURTHER,the provisions hereof shall be binding upon the parties hereto,their respective heirs, legatees, devisees,personal representatives,successors and assign/s. EXECUTED this W' day of 20142P LESSOR: CITY OF FORT WORTH,a home rule municip rkiQJV tate of Texas By: Fema de sistant estCity Manager C-4yo-, $ Title: Assistant City Manager �o TFkAs° / t City Secretary APPROVED AS TO FORM AND LEGALITY: NO Marc REQUIRED (fhrisU R.Lopez*yHJ.Ids Title: Sr.Assistant City Attorney Lease Number TX500037-000 OFFICIAL RECORD 1211401.TXTA CITY SECRETARY FT.WORTH,TX SCANNED ACKNOWLEDGMENTS THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared FERNANDO COSTA Assistant City Manager of the City of Fort Worth a home rule municipal corporation of the State of Texas, known to me to be the person whose name is subscribed to the foregoing instrument and,that he has executed the same for the purposes and consideration therein expressed. GI tOF OFFIC E this day of 2015 �+�fU LINDA M.HIRRLINGER z MY COMMISSION EXPIRES [S E Febmary 2,2018 Q77 Notary public in and for the State of Texas (SVniure of Notary) My Commission Expires: 11 rd0, M RtWllfW, Print Name of Notary Public Here LESSEE: CHESAPEAKE EXPLORATION,L.L.C. An Oklahoma limited liability Company v-t- k,, y: James K.Ary,Vice P sident- J� Land ^� esapeake E&P HoldinjCorporation,Manager ot- O/ ACKNOWLEDGMENTS THE STATE OF OKLAHO MA § COUNTY OF OKLAHOMA § BEFORE ME,the undersigned,a Notary Public,on this day personally appeared JAMES K.ARY, Vice President — Land Chesapeake E&P Holding Corporation Manaqer, on behalf of Chesapeake Exploration, L.L.C., an Oklahoma limited liability Company,known to me to be the person whose name is subscribed to the foregoing instrument and, that he has executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFIC E this—j—day of 2015 [SEAL] j ^ °-1w" Notary public in and for the State of Oklahoma (Signature o Notary) 06l l o l ; ------ - -------------- My Commission Expires: �^� ....................... ' /#+ WHITNEY EVERHEART i tM�LI CI�J�`IQO�Y Print Name of Notary PL� t Notary Pudic StaWe of Oklahoma 3 cummisafon s�sooTase Exrlrea oena�T; ----------------------------------- Lease NumberTX500037-000 1211401.TXTA OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX EXHIBIT"A" Being 0.915 acres more or less and containing all that certain lot,tract,or parcel of land out of the William Welch Survey,Abstract No.1668,also being a portion of a tract conveyed to Texas Electric Service Company (TESCO) by the deed recorded in Volume 8046, Page 2269, Deed Records,Tarrant County,Texas,more particularly described as follows: BEGINNING at a railroad spike at the northwest corner of said TESCO tract; THENCE North 89 degrees 58 minutes 25 seconds East along the North line of said tract 580.5 feet to a railroad spike at the northeast corner of said tract; THENCE South 06 degrees 02 minutes 50 seconds East along the easterly line of said TESCO tract 61. 79 feet to a point, said point being 60.0 feet southerly of and perpendicular to the proposed centerline of Meadowbrook Drive; THENCE North 89 degrees 56 minutes 50 seconds West along a line 60.0 feet southerly of and parallel to said centerline 56.37 feet to the beginning of a curve to the left,the center of which bears South 0 degrees,03 minutes,10 seconds West a radius distance of 1040.0 feet; THENCE Westerly along said curve to the left along a line 60.0 feet southerly of and concentric to said centerline an arc distance of 71.47 feet to a point of tangent; THENCE South 86 degrees 06 minutes 55 seconds West along a line 60.00 feet southerly of and parallel to said centerline 70.0 feet to the beginning of a curve,to the right,the center of which bears North 03 degrees,53 minutes,05 seconds West a radius distance of 1,160.0 feet; THENCE Westerly along said curve to the right and along a line 60.0 feet southerly of and concentric to said centerline an arc distance of 79.72 feet to a point of tangent; THENCE North 89 degrees 56 minutes and 50 seconds West and along a line 60.0 feet southerly of and parallel to said centerline 310.02 feet to a point in the westerly line of said TESCO tract; THENCE North 0 degrees 14 minutes 10 seconds East along said westerly line 70.64 feet to the place of beginning and containing 39,862 square feet of which 13,351 square feet lies within the existing roadway of Meadowbrook Drive. (MEADOWBROOK BOULEVARD ROW) Lease NumberTX500037-000 1211401.TXTA