HomeMy WebLinkAboutContract 40940 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 day of ok V(o V S7 , 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 tht"day of A4V CoU S 1, 2010.
LESSOR: LESSEE:
CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC
an Oklahom limited liability ompany
By: Fernando Costa By: David G. Brannen
Title: Assistant City Manager Its: Land Manager
ATTEST: ��,T a.�
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City Secretary
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APPROVED AS TO FORM AND LEGALITY: %30 a�0 00 <f
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By:
Assistant City Qorney
Date: ® l v
NO M&C RFQUIR>LD
09-02-10 P 3:36 IN
10-13-10 A03 :53 IN
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ACKNOWLEDGEMENTS
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.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this OVZday of J� 2010.
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Notary Public in
and for IADANIELS
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State of Texas `Ay COMMISSION EXPIRES
July 10,2013
My Commission Expires:
Print Name of Notary Public Here
THE STATE OF OKLAHOMA §
COUNTY OF LHANNA §
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 consideration therein expressed.
AGIVEN UNDER MY HAND AND SEAL OF OFFICE thisday of S pQ/� 2010.
[SEA
lux Notary Public in and for the
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My Commission Expires:' a oso,0055
XP.10115112s(Print Name of Notary Public Here
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Exhibit "A"
2.538017 acres of land, more or less, being a portion of a strip of land 100 feet wide running
across the P.H. Ahler Survey in Tarrant County, Texas, described as follows; Beginning at a
point in the East line of said survey 50 feet North of the center of the right-of-way of the
Northern Texas Traction Company; Thence South 100 feet; Thence in a westerly direction 50
feet South of, and paralleling the center of, said right-of-way to the West line of said Survey;
Thence North 100 feet; Thence in an Easterly direction paralleling said center line to the place of
beginning, containing six (6) acres of land, more or less, conveyed to the City of Fort Worth
from W. Alston Johnston by Warranty Deed, dated February 25, 1937, recorded in Volume
1331, Page 132, Deed Records, Tarrant County, Texas.
(Lancaster Avenue ROW)
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