HomeMy WebLinkAboutContract 40033 CM SECRETAR �13
CONTRACT N01-11
MEMORANDUM OF OIL AND GAS LEASE
STATE OF TEXAS §
§ KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF TARRANT §
BE IT REMEMBERED that on the _15- day of .M A CH 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 5 day of 2010.
LESSOR: LESSEE:
CITY OF FORT WORTH CHESAPEAKE EXPLORATION, LLC , an
Oklah ma im' ted liability cornpany
•.
0 0
By: ado o�� y: Cliff erritt
Title: Assistant City Manager v o o ts: Land Manager
n °
� a
ATTEST: �� °„oru��°o rky
NO M&C REQUIRED �G
City Secreta
APPROVED AS TO FORM AND LEGALITY:
By:
.Assis ant City
Att e
Date: v L�
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
1
ACKNOWLEDGEMENTS
THE STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, _ tr&N the undersigned notary public, on
this day personally appeared FeVft ndb Cb4q, 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_ 15� day of_ mQYCh
2010.
Notary Public, State of Te s
My Commission Expires:
Commission Number: )
.. ,_ IJNDA M.HIRRUNIGER
MY COMMISSION EXPIRES
F*UiVY 2,2014
STATE OF OKLAHOMA §
COUNTY OF D�O(H" §
BEFORE ME, LAVWAI ��[&II the undersigned notary public, on
this day personally appeared Cliff J. Merritt- Land Manager , 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.GIVENunder mY hand and seal of office this day of A4a ,
2010.
Nota , Public, State of Oklahoma
s� o NA;�,TgL``,
My Commission Expires:_ _ #08010,55'
o a; /15/12;
Commission Number: g,.
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7
EXHIBIT A
4.0 acres, more or less, in the J.M.C. Lynch Survey, A-955, as described in that certain Warranty Deed,
recorded in Volume 1354, Page 457, Deed Records, Tarrant County, Texas, described by metes and
bounds as follows:
BEGINNING at a point in the center of channel of the Clear Fork of the Trinity River where the county
bridge crosses said stream on the old Weatherford Road,
Thence North 62 degrees, 34 minutes, East 780 feet:
Thence North 50 degrees, 04 minutes, East 315 feet:
Thence North 95 feet:
Thence West 175 feet to the corner of channel of the Clear Fork:
Thence up the center of the channel of said stream and with its meanderings, to the place of beginning and
containing 4.0 acres of land outside of the stream.
(Lynch Survey, Tract 2)