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HomeMy WebLinkAboutContract 40082 CITY SECRETARY CONTRACT NO. MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the )r1�day of_N4 M KC*) , 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. Executed this theday of Y , 2010. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC, an Oklah ma imit d liability company a By: Fernando Costa p oCOQ y: C* 1 i f J. Merritt Title: Assistant City Manager V4 ° lyir Land Manager ST: o o� 1 �6 P 00G �, 67' °0�000°O® C"/ ity SecretaryX ' �tZNO M&C REQUIRED APPROVED AS TO FORM AND LEGALITY: BQ Assistant City A orney/ Date: �l L� OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX 1 r ACKNOWLEDGEMENTS THE STATE OF TEXAS § § COUNTY OF TARRANT § BEFORE ME, the undersigned, a notary public, on this day personally appeared Fernando Costa, 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 07 (1� day of 6trck 2010. otary Public. State of Texas My Commission Expires: EVONIA DANIELS Commission Number: `' `= MY�;OWSSION EXPIRES July 10,2013 STATE OF OKLAHOMA § COUNTY OF O k�AW § iBEFORE .ME, the dersigned, a notary public, on this day personally appeared I ( l known to me to be the person whose name is subscribed to the foregoing Instrumehlf and acknowledged that (s)he has executed the same for the purposes and consideration therein expressed. f GIVEN under my hand and seal of office this�_day of 2010. �W4 No Public, State of Oklahoma My Commission Expires: Commission Number: AUB�•T OFpF� o ���nnmwtau� OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX EXHIBIT A 2.1568 acres, more or less, being located in the Ethelbert S. Harris Survey, A-688, City of Fort Worth, Tarrant County, Texas, and being the same land more fully described by metes and bounds in that certain Warranty Deed dated February 29, 2009 from The City of Fort Worth, as Grantor to FW River Plaza, L.P., a Texas limited partnership, as Grantee and recorded in Document Number D208072151 of the Deed Records, Tarrant County, Texas. (West Bank Circle) OFFICIAL RECORD CITY SECRETARY FT. M'r+r7-�4ti - __._. ._..,J 3