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HomeMy WebLinkAboutContract 40946 CITY SECRETARY CONTRACT NO. 9 MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF TARRANT § BE IT REMEMBERED that on the .I-S- day of A,V Cs V 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.DLSday of A,%j C, %3 ST, 2010. LESSOR: LESSEE: CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC an Oklaho a 'mited liability compan ..... 42. � By: Fernando Costa By: David G. Brannen Title: Assistant City Manager Its: Land Manager 4 ,�13taTL*q-� ATTEST: .01 0000 0004 016. � aid City Secretary ..o a$d �J�o o d 000 Up0 'd Ay APPROVED AS TO FORM AND LEGALIT 00000°° ct a4',reo4a as By Assistant Ci V26'/14) rney Date: NO M&C REQUIRED 10-1 -?-10 AO :54 IN l 09-02-10 P03:36 IN 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 thisD day ofhLOtI l�+- 2010. [SEA r �� ••inti P�+k�s UNDAM.MRRUNGER Notary Public in and for the i' *F MY COMMISSION EXPIRES State of Texas '� r xr POm"2,2014 My Commission Expires: Print Name of Notary Public Here THE STATE OF OKLAHOMA § COUNTY OF 0�&OMA § 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. GIVEN UNDER MY HAND AND SEAL OF OFFICE thisday of 2010. [SEAL WNotary Public in and for the 'Q�r�jOTAI� �(''' State of #08010055•`. N.EXP.10/15/12;Q` My Commission Exp T: X12:2 Print Name of Notary Public Here 2 Exhibit "A 1.136042 acres of land, more or less, out of Lot 1, Block 3, Tandy and Wakefield Addition and Tract #39 P.H. Abler Survey more fully described as follows: Beginning at a point in the West line of Lot 1, said point being 334.2 feet North of its SW Corner; Thence in an Easterly direction across Lot 1 and Tract 39 a distance of 826.6 feet to a point in the East line of Tract 39, said point being 142.7 feet South of its NE Corner; Thence South along the East line of said tract a distance of 61.7 feet; Thence in a Westerly direction, 60 feet from and parallel to the above described line a distance of 826.6 feet to a point in the West line of Lot 1, Block 3, said point being 272.4 feet North of its SW Corner; Thence North along the West line of said lot a distance of 61.8 feet to the place of beginning; Said property being conveyed in Deeds recorded at Volume 1077, Page 512; Volume 1169, Page 431; Volume 1731, Page 270, and Volume 3888, Page 245, Deed Records, Tarrant County, Texas. (S. Hampshire Blvd. ROW) 3