HomeMy WebLinkAboutContract 40971-A1 MY SECRETARY Uh l
CONTRACT N0. -
NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU
MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION
FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY
BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL
SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER.
AMENDMENT, EXTENSION, RATIFICATION & REVIVOR OF OIL AND GAS LEASE
STATE OF TEXAS )
KNOW ALL MEN BY THESE PRESENTS
COUNTY OF TARRANT )
WHEREAS, a certain Oil and Gas Lease dated September 22, 2010 was executed by and
between the City of Fort Worth, a home rule municipal corporation of the State of Texas, as
Lessor, and Chesapeake Exploration, LLC, as Lessee; the Oil and Gas Lease and/or
Memorandum of Oil and Gas Lease being recorded in Instrument No. D210267659 of the
official public records of TARRANT County, Texas, ("the Lease"), covering the following
described lands:
1.4983 acres, more or less, being Lots 23 and 26 and the N/2 Sections 22, 24 and 25, all in
Block 1, Tandy and Wakefield Addition to the City of Fort Worth, Tarrant County, Texas,
according to the plate recorded in Vol. 309, Page 61, Deed Records, Tarrant County,
Texas.
(Sagamore Hills Park)
WHEREAS, it is the intent of the parties hereto, that any and all lands covered under said lease
are subject to the terms of this agreement, whether or not specifically described herein; and
WHEREAS, the Lease has expired and prior to the expiration of said lease, the working interest
thereunto appertaining was owned of record by Chesapeake Exploration, LLC (a/k/a
Chesapeake Exploration Limited Partnership) and Total E&P USA., Inc., and it is now the
desire of Lessor to adopt, ratify, revive, confirm and extend said Lease;
NOW, THERFORE, for good and valuable consideration in hand paid to the undersigned by
Chesapeake Exploration, LLC (a/k/a Chesapeake Exploration Limited Partnership) and
Total E&P USA., Inc. the receipt and sufficiency of which is hereby acknowledged; the
undersigned do hereby revive and amend the Lease to allow and provide for an extension of the
Lease for an additional term of one (1) years, being until September 22, 2013 and for as long
thereafter as oil or gas, or either of them, is produced from said land or lands pooled therewith
and as long thereafter as producing and the undersigned does hereby specifically adopt, ratify,
revive, confirm and extend said lease in all of its terms and provisions and do hereby demise,
lease and let said premises unto Chesapeake Exploration, LLC (a/k/a Chesapeake
Exploration Limited Partnership) and Total E&P USA., Inc. its successors and assigns,
subject to and in accordance herewith, and do hereby declare and agree that the said Lease in
all of its provisions is binding, and that the same is a valid and subsisting Oil and Gas Lease.
OFFICIAL.RECORD
Page 1 of 4 CITY SEGMARW Dr, Ratification—Sagamore Hills Park
N FT.WORTH,TX
FURTHER, the provisions hereof shall be binding upon the parties hereto, their respective heirs,
legatees, devisees, personal representatives, successors and assigns.
EXECUTED the day of 1 , 2012, but for all purposes effective the 22nd day of
September, 20 ID, ,
LESSOR:
CITY OF FORT WORTH Contract Authorizatiox
45,?,,.,�,�,� C� 1111 10
By: Fernando Costa a�a��,Qn� nate
Title: Assistant City Manager ,oa OFF
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�iS �4� OFFICIAL RECORD
APPROVED AS TO FORM AND LEGALITY: CITY SECRETARY
FT,WORTH9 TX
Assistant tity Attorney
ACKNOWLEDGEMENT
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 Ind ay of
. 2012.
[SEAL '
Notary Public in and for the State of Texas
My Commission Expires:
Print Name of Notary Public Here
EVONIA 1 MY COMMISSION DANIELS
.E+;
July 10,2013
Page 2 of 4 Extension,Revivor,Ratification—Sagamore Hills Park
LESSEE:
CHESAPEAKE EXPLORATION L.L.C.
an Oklahoma L71--
Henry
ompany
By:
J. ood, SVeneral
ice President—
Land and Legal & Counsel (x�
STATE OF OKLAHOMA §
COUNTY OF OKLAHOMA §
This instrument was acknowledged before me on this day of
2012, by Henry J. Hood, as the Senior Vice President - Land and
Legal f General Counsel of Chesapeake Exploration, L.L.C., an Oklahoma limited
liability company, on behalf of said limited liability company.
Given under my hand and seal the day and year last above written.
Notaysnarnie
ubli ate of Okla ma
Not
(printed): _ #11001263
Notary's commission expires: EXP. 02i14r15
,�''OF....oK0P 11S,.
Page 3 of 4 Extension, Revivor,Ratification—Sagamore Hills Park
TOTAL E&P USA, INC., a Delaware Corporation
By:
Fabien Colmet naage
Vice President — Business De elopment and
Strategy
STATE OF TEXAS )
COUNTY OF HARRIS )
, i
L The foregoing instrument was acknowledged before me this 1-2i day of
2012, by Fabien Colmet Daage as Vice President— Business
Dever pment and Strategy of TOTAL E&P USA, INC., a Delaware corporation, as the
act , d deed and behalf of such corporation,
o�aY Poo, JOY w PHILLIPS �� of u I i and for the State of as
< NOTARY PUBLIC,STATE OF TEXAS t N n e (printed):
MY COMMISSION EXPIRES l
} JULY 31, 2012 lti ary ommission expires:
l r`CF V 1
Page 4 of 4 Extension, Revivor, Ratification—sagamore Hills Park
M&C Review Pagel of 2
Official site of the City of Fort Worth,Texas
CITY COUNCIL AGENDA
COUNCIL ACTION: Approved As Amended on 11/17/2009-Amendment is Highlighted In Yellow
DATE: 11/17/2009 REFERENCE NO.: L-14889 LOG NAME: DMIN LA
LEASSESES
CODE: L TYPE: NON-CONSENT PUBLIC NO
HEARING:
SUBJECT: Authorize Administrative Approval and Execution of Leases for Natural Gas Drilling Under
City-Owned Properties of Five Acres or Less in Size
RECOMMENDATION:
It is recommended that the City Council authorize the City Manager to approve and execute leases
for natural gas drilling under City-owned properties that are five acres or less in size.
DISCUSSION:
On January 18, 2007, (M&C G-15588) Fort Worth City Council authorized the City Manager to
approve and execute leases for natural gas drilling under City-owned non-park properties that are two
acres or less in size.
From time to time, the City is asked to lease isolated City-owned properties in various locations that
are five acres or less. City staff is recommending that gas leases for these properties be
administratively approved for natural gas drilling leases after evaluation of the gas company's drilling
plan, reputation, financial status, project team and compliance history by staff and the City's mineral
asset management consultant, Midkiff Oil and Gas. The leases would be executed through an
internal administrative process involving the Planning and Development Department, the City
Attorney's Office and the City Manager's Office.
The purpose of this change is to allow staff to negotiate and expedite processing of small leases in
order to ensure that the City is not excluded from units due to the time necessary for City Council
review.
Requirements and guidelines to be followed in determining eligibility for inclusion in the Administrative
Gas Lease Process are as follows:
City-owned property five acres or less;
No surface use of any kind;
No Identified adverse Impact to the surrounding neighborhood;
Compliance with the City's gas drilling ordinance;
Minimum bonus to be determined by current market rate;
Minimum royalty of 25 percent;
The distribution of lease bonus and royalties will be in accordance with the revenue distribution
policy approved by the City Council; and
No M/WBE goal will be required due to the size of the parcels.
The lease will be presented to City Council for consideration prior to execution for any City owned
dediested perie properties under five acres if opposition to conversion is expressed by citizens in the
affected neighborhood or a Council Member requests such consideration.
http://apps.cfwnet.org/council_packet/mc_review.asp?ID=12668&councildate=l1/17/2009 9/17/2012
M&C Review Page 2 of 2
FISCAL INFORMATION/CERTIFICATION:
The Financial Management Services Director certifies that this action will have no material effect on
City funds.
TO Fund/Account/Centers FROM Fund/Account/Centers
Submitted for City Manager's Office by: Fernando Costa(8122)
Orlainatina Department Head: Susan Alanis(8180)
Additional Information Contact: Jean Petr(8367)
ATTACHMENTS
http://apps.cfwnet.org/council_packet/mc nwiew.asp?ID=12668&councildate=11/17/2009 9/17/2012