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HomeMy WebLinkAboutContract 39537-A1STATE OF TEXAS ) COUNTY OF TARRANT ) KNOW ALL MEN BY THESE PRESENTS: WHEREAS, a certain Oil and Gas Lease dated October 30, 2009 was executed by and between City of Fort Worth, a home rule municipal corporation of the State of Texas, as Lessor, and Four Sevens Energy Co., LLC, as Lessee; the Oil and Gas Lease and/or Memorandum of Oil and Gas Lease being recorded in Instrument No. D209307743 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 November 23, 2009, in instrument number D209307743, Deed Records, Tarrant County, Texas, said lease being subsequently released in that certain Release of Oil and Gas Lease filed of record on August 13, 2014, in instrument number D214174625, and October 20, 2014, in instrument number D214229622, 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 October 30, 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 assigns. EXECUTED this, day of 20 5 . LESSOR: CITY OF FORT WORTH, a home rule munici Assistant City Manager APPROVED AS TO FORM AND LEGALITY: Assistant City Attorney Lease Number TX0513862-000 e State of Texas OFFICIAL RECORD CITY SECRETARY In WORTH TX Aesist�nt-City Secretary 994397.TXTA 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. - EAL OF OFFICE this � (, day of G� � , 2015 LINDA M. HiRRLINGER ; MY COMMISSION EXPIREf', ! FebruaryL, 2018 Icy ����� - `� I}���1 Notary public in and for the State of Texas re of Notary) My Commission Expires: �`t �'� � , ��- �� � M �ij�r�ii'1C�t Name of Notary Public Here LESSEE: CHESAPEAKE EXPLORATION, L.L.C. An Oklahoma limited liability Company mes K. Ary, Vice President -Land �eake E&P Holding Corporation, Manager ACKNOWLEDGMENTS THE STATE OF OKLAHOMA § 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 Manager 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 OFFICE this _� day of , 2015 Notary public in and for the State of Oklahoma M Commission Ex ire T�,q���.. WHITNEY EVERHEART � i `' "` � ��� �\\� '� � � � �� 4� C C��i Print Name of Notary Publi� 6� Notary P�bi�c l� V ��—l�r � � �� •!!g��:% State �f Oklahoma Commission * �5007336 Ex'ires Ot/tON7 ; Lease Number TX0513862-000 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 994397.TXTA EXHIBIT "A" .25 acres of land, more or less, out of the J. Kinder Survey, A-893, and also Jescribed as. A portion of Lot 37 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 125-5/1 0 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 Sine 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) Lease Number TX0513862-000 994397.TXTA