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HomeMy WebLinkAboutContract 54187 CITY SECRETARY g,� CONTRACT NO. 5 j �O MEMORANDUM OF OIL AND GAS LEASE TE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the day of e 32020, 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, 200 Texas Street, Fort Worth, Texas 76102, hereinafter called "LESSOR" and SAGE NATURAL RESOURCES, LLC, a Delaware Limited Liability Company, 6100 S. Yale Avenue, Suite 900, Tulsa, Oklahoma 74136, 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 `day of �J y 12020. LESSOR: l i J CITY OF FORT WORTH AT T S ��,,11, ;•• ' •: � 0- Dana Burghdoff, sista ity Manager ity Secre ry i ' %. it 0 PROVED AS TO FORM AND LEGALITY: ssistant City Attorn FT. WORTH,TX 5000 Reed St ROW THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared Dana Burghdoff, 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 she has executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this_/J day of 2020. Notary Public in and for the State of Texas -�"" G';. ``' idnis Ii;r`•2::ii6490 My Commission Expires: 2021 Print Name of Notary Public Here ;o; °•'e� .: MARIA S,SANCHEZ * :*= My Notary ID#2256490 LESSEE: - >F oP;+` Expires December 19,2021 SAGE NATURAL RESOURCES,LLC - A DEL WARE LEVIITED LIABILITY COMPANY Gavin McQueen,President THE STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared Gavin McQueen, President of Sage Natural Resources, LLC, a Limited Liability Company of the State of Delaware, on behalf of said 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 I_day of 30L 2020. aco Notary Public in and for the State of Texas SHARON FAIRCHILDS 7Notary�Publlc-State of Oklahomaission Number 14006235My Commission Expires: ission Expires Jul 11, 2022 Print Name of Notary Public Here 2 5000[teed St ROW EXHIBIT A 0.01153 acres,more or less, being a parcel of land out of Lot 1,Block 5,Eastwood Addition—Fourth Filing to the City of Fort Worth according to the Plat recorded in Volume 388-5,Page 117,Plat Records of Tarrant County,Texas. (5000 Reed St ROW) (ROSEDALE SOUTH UNIT) 3 5000 Reed St ROW