HomeMy WebLinkAboutContract 40772 CITY SECRETARY L f of a
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 _-,:;,> day of A v Gy ST 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 the day of Av G v ST , 2010.
LESSOR: LESSEE:
CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC
an 1Zlimted liability company
By: Fernando Costa By: David G. Brannen
Title: Assistant City Manager Its: Land Manager
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APPROVED AS TO FORM AND LEGALITY: a44, as
Assistant Citytto ey NO M&C RI:,QUIRED
Date:
[OFFICIAL RECORD
Y SECRETARY.WORTH,TX 1 09-14-10 A10:45 IN
ACKNOWLEDGEMENTS
THE STATE OF TEXAS §
COUNTY OFTARRANT §
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.
GIVEN UNDER MY HAND AND SEAL OF OFFICE thisday of &41 2010.
[SEAL
Notary Public in and for t EVONIADANIELS�
aq F
State of Texas =*: My COMMISSION EXPIRES
July 10,2013
My Commission Expires:
Print Name of Notary Public Here
THE STATE OF OKLAHOMA §
COUNTY OF O�(A ,�D Y �v��t §
BEFORE ME, the undersigned, a Notary Public, on this day personally appeared
David Brannen, Land 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 considera
tion therein expressed.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this , 2010.
[SEAL]
Notary Public in and for the
State of
My Commission Expires: .. ...�oT......
#08010055 Tint Name of Notary Public Here
;9TH AUBI�G:P�0`��=
R
ICIAL RECORDY SECRETARY.WORTH, TX 2
Exhibit "A"
2.5955 acres, more or less, better described in the following two (2) tracts:
1. A portion of land out of the J. W. Williams Survey, No. 1599, in the City of Fort Worth,
Tarrant County, Texas, and formerly belonging to Alan I. Jones Investments, Inc., Ron
Rooten Reality present Trustee, as recorded in Volume 5577, Page 179 of the Deed
Records, Tarrant County, Texas, and being more particularly described as follows:
BEGINNING at the southeast property corner of Lot 20, Block 1, out of South Ridge
Addition;
THENCE: South 88 degrees 51 minutes no seconds East a distance of 60.0 feet to a
point for corner;
THENCE: South 1 degree 09 minutes no seconds West a distance of 258.90 feet
THENCE: North 88 degrees 51 minutes no seconds West a distance of 60.0 feet to a
point for corner;
THENCE: North 1 degree 09 minutes no seconds East a distance of 258.90 feet to the
Point of Beginning and containing 0.36 acres (15,534.0 square feet) of land, which
McCart Street occupies 0.23 acres, more or less.
2. A parcel of land out of the Ellis Littlepage Survey Abstract No. 971 and the James W.
Williams Survey Abstract No. 1599, also being a portion of a tract conveyed to Summit
Resouces, Inc. by deed recorded in Volume 6964, Page 305, Deed Records, Tarrant
County, Texas, more particularly described as follows:
BEGINNING in the east line of said Summit Resources, Inc. tract at the southeast
corner of a tract conveyed to the City of Fort Worth by deed recorded in Volume 6382,
Page 307, Deed Records, Tarrant County, Texas:
THENCE: South 01 degree 25 minutes 46 seconds West along the east line of said tract
422.29 fee to an angle point in said east line;
THENCE: South 01 degree 00 minutes 46 seconds West continuing along said east line
1,148.27 feet to the northeast corner of a tract conveyed to Joe V. Hawn, Jr., and
Rockney D. Pletcher by deed recorded in Volume 7561, Page 2124, Deed Records,
Tarrant County, Texas:
THENCE: North 89 degrees 45 minutes 14 seconds West along the north line of said
tract described in Volume 7561, Page 2124, 65.79 feet to a point on a curve, the center of
which bears North 89 degrees 47 minutes 49 seconds East a radius distance of 4,085.42
feet, said point being 60.0 feet westerly of and radial to the proposed centerline of
McCart Avenue;
THENCE: Northerly along said curve to the right and along a line 60.0 feet
westerly of and concentric to said center line an arc distance of 117.41 feet to a point
of tangent;
THENCE: North 01 degree 26 minutes 37 seconds East along a line 60.0 feet
westerly of and parallel to said centerline 969.98 feet;
THENCE: North 01 degree 20 minutes 27 seconds East continuing along a line 60.0
feet westerly of and parallel to said centerline 484.52 feet to a point in the south line of
ort Worth tract described in Volume 6382, Page 307;
OFFICIAL RECORD
CITY SECRETARY
FT.WORTH,TX 3
THENCE: South 88 degrees 34 minutes 14 seconds East along said south line 59.6 feet to
the PLACE OF BEGINNING and containing 97,530 square feet of land more or less.
(McCart Avenue ROW)
OFFICIAL RECORD
CITY SECRETARY
FT.WORTH, TX
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