HomeMy WebLinkAboutContract 40029 CITY SECRETARY
CONTRACT NO, �DO
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 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 the62ectay of 2010.
LESSOR: LESSEE:
CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC ' an
Oklahoma im ' ed liability company
By: ,/ � mop l i4�,;rCIi J . Merritt
Title: Assistant City Manager La.-id Manage r
ATTEST:
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APPROVED AS TO FORM AND LEGALITY:
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Assistant City At rney
Date:
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ACKNOWLEDGEMENTS
THE STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, �llf�Ls the undersigned notary public, on
this day personally appeared / known to me to be the person whose
name is subscribed to the foregoing instrument and acknowledged that (s)he has executed the
same for the purposes and consideration therein expressed.
GIVEN under my hand and seal of office this fid_ day of Alairy-0
2010.
Notary Public, State of Texas
My Commission Expires:
Commission Number: '►: ,__
EVONIA DANIELS
MY COMMISSION EXPIRES
July 10,2013
STATE OF OKLAHOMA §
COUNTY OFO�O/ OW Y/' §
BEFORE ME, WtAym --1 yLW the undersigned notary public, on
this day personally appeared known to me to be the person whose
name is subscribed to the foregoing instrument and acknowledged that (s)he has executed the
same for the purposes and consideration therein expressed.
GIVEN under my hand and seal of office this�_day of r
-eb
2010. '--) aw d Q 0
.,urdrr,,, tary Pubric. State of Oklahoma
My Commission Expires: 908010055
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Commission Number:
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EXHIBIT A
BEGINNING at an iron pin, the Southwest corner of Lot 7, Block 46, Springdale Addition, an
Addition to the City of Fort Worth, Tarrant County, Texas, as shown in Volume 388-8, Page 62,
and the Northwest corner of Block "B North Riverside Apartments Inc., as shown in Volume
388-8, Page 18, and in the East line of Block 12. Springdale Addition as shown in Vol. 1864,
Page 91, Deed Records of Tarrant County, Texas;
THENCE North 0 degree 34 minutes East with the West line of said Block 12, a distance of 420
feet to an iron pin at the Northwest corner of Lot 1, Block 46, Springdale Addition;
THENCE East with the North line of said Blocks 46 and 47, a distance of 476.7 feet to an iron
pin at the Northeast corner of Lot 14, Block 47, Springdale Addition, in the West line of Davis
Drive;
THENCE South 0 degree 34 minutes West with the East line of said Block 47 and the West line
of said Davis Drive, a distance of 420 feet to an iron pin at the Southeast corner of Lot 8, Block
47 and the Northeast corner of Block -C". North Riverside Apartments. Inc.;
THENCE West with the South line of said Block 47, a distance of 288.7 feet to the East line of
Barbell Street;
THENCE North with the said East line 60 feet to the Northwest corner of Lot 7, Block 47,
Springdale Addition;
THENCE West a distance of 50 feet to the Northeast corner of Lot 7, Block 46, Springdale
Addition;
THENCE South a distance of 60 feet to the Southeast corner of Lot 7, Block 46, Springdale
Addition;
THENCE West 138 feet to the place of beginning, and containing 4.527 acres, more or less.
(Springdale Park)