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HomeMy WebLinkAboutContract 48559 Page 1 of 14 D216291440 12/1412016 1:48 PM PGS 14 Fee: $68.00 Submitter: SIMPLIFILE Electronically Recorded by Tarrant County Clerk in Official Public Records Mary Louise Garcia CITY SECRETARY CONTRACT NO.L �� NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. MEMORANDUM OF AMENDMENT OF OIL AND GAS LEASES STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS COUNTY OF TARRANT § This Memorandum of Amendment of Oil and Gas Lease ("Memorandum") is made and entered into as of the date herein specified by and between the City of Fort Worth, ("Lessor"), the address of which is 1000 Throckmorton Street, Fort Worth, Texas 76102 and Chesapeake Exploration, L.L.C., an Oklahoma limited liability company, the address of which is P.O. Box 18496, Oklahoma City, Oklahoma 73154-0496, Larchmont Resources L.L.C. ("LR"), Jamestown Resources L.L.C. ("JR"), and Pelican Energy, L.L.C.; ("Pelican"), Oklahoma limited liability companies, the address of each of which is 600 Travis, Suite 4750, Houston, Texas 77002, Parallel Petroleum, LLC, ("Parallel") a Delaware limited liability company, the address of which is 1004 N. Big Spring, Suite 400, Midland, Texas 79701, and Dorchester Resources L.P. ("DR"), the address of which is P.O. Box 18879, Oklahoma City, Oklahoma 73154-8879 (collectively "Lessees"). WHEREAS, Lessor previously entered into the oil and gas leases identified on the attached Exhibit A (the "Leases") with Lessees or a predecessor or affiliate of one of the Lessees covering the lands therein described for the purposes and on the terms and conditions as set forth therein; WHEREAS, a Memorandum of each of the Leases is filed of record; WHEREAS, Lessees are current lessees and owners of working interests in and under one or more of the Leases; and WHEREAS, Lessor and Lessees amended each of the Leases as to the interests of Lessees only as set forth in the Amendment of Oil and Gas Leases ("Amendment"), dated effective as of April 1, 2016, with the terms and provisions of the Amendment superseding, controlling and taking precedence over any conflicting or contrary terms and provisions in the Leases as to the interests of the Lessees only; however, in all other respects, said Leases, as previously amended, and the prior terms and provisions contained therein, shall remain in full force and effect. MEM ORA NDUNI OF ANIENDMENTOrO1LAND GAS LEASES-PAGE I WHEREAS, executed copies of the Amendment are in the possession of Lessor and Lessees and the terms of the Amendment are incorporated herein and made a part hereof as though fully set forth herein. NOW THEREFORE, this Memorandum is placed of record for the purpose of giving notice of the Amendment to Oil and Gas Leases. The Memorandum may be executed in any number of multiple counterparts, each of which shall have the same force and effect as an original instrument executed by all of the undersigned parties, regardless of whether such counterpart is executed prior to or subsequent to the date hereof or the filing of record of a counterpart hereof. The failure of any working interest owner to execute a counterpart shall not render this Memorandum ineffective as to (a) those working interest owners executing this Memorandum, or (b) Lessor. This Memorandum shall be. recorded in the Official Public Records of Tarrant County, Texas, within a reasonable time by a Lessee with a copy thereof to be promptly filmished to Lessor. IN WITNESS WHEREOF, this Memorandum is EXECUTED by each of the undersigned on the date(s) indicated below, but the same shall be effective for all purpos as of the Effective Date of the Amendment to Oil and Gas Lease. F O R T LESSOR: THE CITY OF FORT WORTH t By: Jesus J. Chapa, Assistant Cil;Manager CAS A by_: STATE OF TEXAS �, J. a er, (tr7R�y Secretary COUNTY OF 1/1RRANT § BEFORE ME, the undersigned authority, on this clay personally appeared Jesus J. Chapa, Assistant City Manager of Fort Worth, known to Ine personally or identified to me by proper identification or upon the oath of a credible person, and acknowledged to me that lie executed this instrument as the act and deed of the City of Fort Worth, for the purposes and consideration therein expressed and in the capacity therein stated. GTVFN UNDER MY I IAND AND SEAL,OF OFFICE oqt R, ,3,2016 =' . cVAY U"" J `L,4 Notar .Publiq, State of Texa.15,2019 i I9ENIORANDUNI Or ANIENDIIENT Olf OIL AND GAS LEASES-PAGE 2 LESSEES: CHESAPEA E EXPLORATION, L.L.C. By: flt �'� Jarf�es R. Webb 1W Etyive Vice President—General Counsel and Corporate Secretary LARCHMONT RESOURCES,L.L.C. By: Brian Shannon Manager JAMESTOWN RESOURCES L.L.C. By: Brian Shannon Manager PELICAN ENERGY LLC By: Brian Shannon Manager DORCHESTER RESOURCES L.P. By: John T.Perri Manager . PARALLEL PE RO , L. /'.C. By: kz y Michael Arguijo � President and Chief Operat►m g Officer 14EMORANDUM OP AMENDMENT OF OIL AND CAS LEASES-PAGE 3 LESSEES: CHESAPEAKE EXPLORATION, L.L.C. By: James R. Webb Executive Vice President—General Counsel and Corporate Secretary LARCHMONT RESOURCES,L.L.C. By: Brian Shannon Manager JAMESTOWNNRRESOURCES L,L.C. By: Brian Shannon Manager PELICAN ENERGY LLC By: �. i -- rian Shannon Manager DORCHESTER RESOURCES L.P. By: John T.Perri Manager PARALLEL PETROLEUM, L.L.C. By: Michael Arguijo President and Chief Operating Officer NIRMORANDUNI OF ANIENDMENT OIC OIL AND GAS LEASES-PAGE 3 LESSEES: CHESAPEAKE EXPLORATION, L.L.C. By: James R. Webb Executive Vice President—General Counsel and Corporate Secretary LARCHMONT RESOURCES,L.L.C. By: Brian Shannon Manager JAMESTOWN RESOURCES L.L.C. By: Brian Shannon Manager PELICAN ENERGY LLC By: Brian Shannon Manager DORCHESTER RESOURCES L.P. John T. Perri 1,9 Manager i- 4„ PARALLEL PETROLEUM, L.L.C. By: Michael Arguijo President and Chief Operating Officer VI1 MORANDUM OF AMENDMENT OF OIL AND GAS LEASES-PAGE 3 STATE OF OKLAI TOMA S COUNTY OF OKLAI=IOMA § BEFORE ME, the undersigned authority, on this day personally appeared James R. Webb, known to me personally or identified to me by proper identification or upon the oath of a credible person, and acknowledged to nie that he executed this instrument as the act and deed of Chesapeake Exploration, L.L.C., for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE on TUM 1 ,j201.6. Notary Public,State of Oklahoma aj . '�lG&�.. Commission N 16002603 Notar'�P Iblic, State of Oktahou '� My commisslon Explres Moroh 09,2020 STATE OF TEXAS § COUNTY OF 14ARIUS § BE-FORE ME, the undersigned authority, on this day personally appeared Brian Shannon, known to me personally or identified to nie by proper identification or upon the oath of a credible person, and ackno-wledged to me that lie executed this instrument as the act and deet{ of Larehnzont Resources L,L.C., for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE on , 2016 Notary Public, State of Texas i-MVI0I ANDUM OF MVIEINDMENT Ole OIL AND GAS LEASES-11AGE 4 STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § BEFORE ME, the undersigned authority, on this day personally appeared James R, Webb, known to me personally or identified to me by proper identification or upon the oath of a credible person, and acknowledged to me that he executed this instrument as the act and deed of Chesapeake Exploration, L.L.C., for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE on ,2016. Notary Public, State of Oklahoma STATE OF TEXAS § COUNTY OF I4ARRIS § BEFORE ME, the undersigned authority, on this day personally appeared Brian Shannon, luiown to me personally or identified to me by proper identification or upon the oath of a credible person, and acknowledged to me that Ire execLited this instrument as the act and deed of Larehmont Resources L.L.C,, for the proposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE on 6f�3 G , 2016 ADRIANA C. MEDINA Notar Public, State of Texas _�,°t„��• NOtOry F'ubliC.State Of TC'XOS y My Commission Expires September 26. 2017 MENIORA NDUM OF AMENDMENT OF OIL AND GAS LEASES—PAGE d STATE OF TEXAS § COUNTY OF HARRIS § BEFORE ME, the undersigned authority, on this day personally appeared Brian Shannon, known to me personally or identified to me by proper identification or upon the oath of a credible person, and acknowledged to me that he executed this instrument as the act and deed of Jamestown Resources L.L,C., for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE on ��I sy° 2016. NA C. MEDINA ADRIA Plotory Public,SiE i; ote of Texas /. my Commission Expires '' September 26, 2017 Notaiy Public, State of Texas STATE OF TEXAS § COUNTY OF HARRIS § BEFORE ME, the undersigned authority, on this day personalty appeared Brian Shannon, known to me personally or identified to me by proper identification or upon the oath of a credible person, and acknowledged to me that he executed this instrument as the act and deed of Pelican Energy L.I,.C., for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE on 13c 2016. L i ADRIANA C. MEDINA =:( =s Notory Public..Stole of texas !!! v My Commission Expires Notary Public, State of Texas ;'�:'• September 26, 2017 NIEMORANDUl1 OF Ai•l END MENT OP 01L AND GAS LEASES—PA GE 5 STATE OF-PEX S OW&M(A— § COUNTY OF '§ BEFORE ME, the undersigned authority, on this day personally appeared John T. Perri, known to Ine personally or identified to me by proper identification or upon the oath of a credible person; and acknowledged to me that he executed this instrument as the act and deed of Dorchester Resources L.P., for the purposes and consideration therein expressed and in the capacity therein stated. .� GIVEN UNDER MY I-IANqANff)l&F •1L OF OFFICE on 2/,2016. 05004569 i = EXP'05/13I17-` lRotaiy Public, Stat of T s STATE Or TEXAS § COUNTY OF MIDLAND § BEFORE ME, the undersigned authority, on this day personally appeared Michael Arguijo,known to me personally or identified to me by proper identification or upon the oath of a credible person; and acknowledged to me that he executed this instrument as the act and deed of Parallel Petroleum, L.L.C., for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE on Id--5-- , 2016. c "A"I RITAORNELAS My Notary ID#5824110 Notary Public, State of Texas Expires March 9.2020 i I I i IY ENIORANDU!•r OF A14ENDN'lENT OF OIL ANr)GAS LEASES—PAGE 6 EXHIBIT A nor Tarrant Century Clerk lesser Orfelnai I,- e LereLease Date Innrum ni Recording No. Chesapeake lease No. Oty lease Nam, City of fon Worth Dale IF clucor.L.LC. 702.65 2/15/2005 D205068294 TX220G540 003 EASTSIDE PARKS Cny of Fort Wnrlh Dale Resources.L.L.C. 30.863 4/28/2005 D20S144961&0206045841 TX2206541.003 1.30&IST STREET ROW City of fon worth Dale Resources.L.L.C. 0.98 9/28/2005 D206046297 7X2206542.001 HOST SURVEY Uty al Fon WoFri, Dale Resources,LLC. 33.5 12/9/2005 D206045860 TX22OSS44.002 MALLARD COVE PARK City of Fon Worth four Sevens Energy Co.,tic 822.08708 12/27/2005 D200059597 7X2204449.000 SPINKS AIRPORT City of Fon Wprih four Sevens Energy Co.,tic 76.697 4/10/20%6 020612090/ 7X2204829.000 SOUTHWEST COMMUNITY PARK Cilyof{4n Worth Dale Resources,L.L.C. 10.887 8/22/2006 0204334298 7X2202103.000 POLICE POUND Oily of fon We'll, Dale Resources,L.LC. 4.503 8/22/206 0206286216 7X2206545.001 RIVER TRAILS PARK Cityol Fon Wo Ills Dale Resources,L.L.C. 90.996 11/29/2006 D206394776 7X2208663.000 BRENNAN AVENUE SERVICE CENTER Cilyol Fon Worth Dale R¢soorces.I.A.C. 36.4 1/24/2007 D207045381 7X2208843.001 TRAIL DRIVERS PARK•SOUTH Clip of fon Wonh Dale Properly Services,L.L.C. 0.095 3/21/2007 0207128273 TX0069197.000 OAKHURST PARCEL-ADMIN City of Fort Worut Rail Oil&Gas,L.P. 27.6913 3(2212007 0207157562 TX0018992.000 OAKMONT LINEAR PARK SOUTH CI of Fon Worth Chesapeake Explorali-,LLC 3.16 5/19/2007 D707709102 7X2209524-000 DOLGA PARK City of Fon Worth Chesapeake Exploration Limited Partnership 3.65 5/38/2007 0207209103 7X0040215.000 HELICOPTER PAD/GIILM.ORE STRIPS ADDITION City of Fort Worth [h:sapeake Exploration tinned ParinerslNV 51.2886 5/29/2007 0207324646 TX71SO759.000 HARMON FIELD PARK City of Fon Worlls Chesapaake Expioralion,LLC 39.56 6/7/2007 0207261353 7X7150647-000 PRAIRIE DOG PARK Cray of Foll Worth Chesapeake Expiorallon,LLC 4.03 6/7/2007 0207278427 1X2209826-000 UNIVERSITY NORTH/TRINITY City of Fort Warlis Rall Oil&Gas,L.P. 7.329 7/13(2007 D207347684 TX0018934.000 QUAIL RIDGE PARK Cenlropori Barnett,lP Chesapeake Exploration,LLC 650 8/24/2007 0207309368 1X7150954.000 CENTREPORT 650•CENTREPORT BARNETT,LP City of fort Wonh Chesapeake Ezplorasion,LLC 3,7703 9/28/2007 0207398712 7X7151717.000 SMITH WILEMON PARK•WHITE HILLS ADON2 UIV of Fon Worth Chesapeake Exploration,ILC 33.946 10/30/2007 D208025885 3X7151194.000 GREENWAY PARK [LlY of fo I wworlh CCh:sapeak:Ezptorallon,ULC 20.738 10/10/2007 0207398919 TX7151195.000 LITTLE/GILMORE Orly of Fart Wonh [hesap¢ake Exploration,tlt 22.871 10/10/20D7 D207398917 1X7151192.000 AIVERSIDC PARK Oily offorl Worth Chesapeake E'xpioralion,"LIC 5.5 10/10/2007 0207398916 7X7151/93.000 RIVERSIDE PARK-SOUTH NO Oily of fort Worth Chesapeake Exploration,ILC 28.164 10/10/2007 D207398920 7X7151196.000 SYCAMORE CREEK GOLF COURSE City of fon Worth Chesapeake Exploration,LLC 30.024 10/30/207 0207426993 7X7151796.000 BEARY/YUMAYARD City of FortWmth Chesapxvke Exploration,U.0 2,77 10/30/1007 0207426990 7X7351792-000 E.LITTLE SURVEY City offort Wonh Chesapeake(%iteration,U.0 4.3 30/30/2007 D207426599 TX71S3793-BOO NORTNSIDE DRIVE 4.3 ACRES City of Fort Woflls Chesapeake fxplontion,LLC 20.1805 11/1/2007 D2071111:1 TX7151795-000 1.35 ROW City of Fon Worlls Chesapeake Expiorallon,LLC 152.4438 11/6/2007 0207425260 7%7153087.000 COOS PARK Oily oilort Wonli Chesapeake Explorailan,LMC 18.194 11%6/2007 D207433232 TX71SL991•WO WH LITTLE SURVEY City of fon Worlls Chesapeake Exploration,ILC 11.49 11/14/2007 D207455419 7X4574401.000 ANDERSON-CAMPBELL PARK CityolFortWorin Chesap.lu,ExPlaroNon,at 389.233 11/14/2007 0208005706 7X4574553.000 ROCKWOOD PARK AND 6 IFCOURSE Usy of fort Worth Chesapeake Exploration,tic 1.014472 1/4/2008 0208059781 7X4576056:000 LOVLUL-MONTGOMERV ROW-ADMIN City of fon We'll, Chesapeake Exploration,LLC 1.236 1/15/208 D208091991 7X7154428000 OAKHURST PARK City at{on Worth Chesapeake Ezploralipn,ttC 2.57 1/16/2008 D108045526 TX7153595.000 EAST FREEWAY WATER TOWER City of Fon Worth Chesapeake Explordlion,LLC 0.571 1/17/2008 D20:136062 7X7155064.000 RANDOLL MIILRD ROW-ADMIN Uly o1 Fort Wonh Chesapeake Cxphuailfon,LLC 7,347274 2/20/2008 0208082557 7X4576252.000 W VICKERY ROW(FACTORY PEACE AODN) Oily of Fort\North Dale Property Services,L.L.C. 0.913 7/7/2008 D208321419 TX0131944'OGO FIRESTATION04•ADhilt) City of Fort Wonh Dale Properly Services,LLC. 0.696 9/10/2008 0208371282 1X0134317.000 COOKS LANE ROW•ADMIN City el Fort Worth Chesapeake Exploration,LLC 0.5 9/11/700 02011377280 TX7157790-000 ARNESON PARK CZOily of fon Worth Chesapeake Exploration,LLC 1.2760475 9/12/2008 0208377282 TX7157792-000 GID HOOPER PARK of Fort YlorEls Chesapeake Explorallan,LLC 10.8 9/12/2008 0708377278 TX7157788 000 MARINE PARK City of fort Worth Chesapeake Exploration,LNC 26.5 9/12/2008 117083771]9 1X7157789000 SANDY IAN E PARK ULy of Fon Worth CheiaVeake P; I..:LLC 7.G 9/12/2008 112083)7183 TX7157794-000 SV NS ET HILTS PARK City of Fort Worih Chesapeake Expt4ration,LLC 90.344 9/17/208 D208377274 7X7157784.000 NORTHEAST IANDFILI-2 Gly of Fan Worth Chezapeake E%plorJlion,LLC 6.(1 9/]](2008 0208366320 1X]158)03.000 TRINITY BLVD POW City of fon Wonh Chesapeake Cxyloralion,LLC 2.6236122 9/18/208 0208377277 7X7157787.000 IST TO 4TH ST ROW City of Fon Worlls Chesapeake Exploration,LLC 15.I8 9/18/2008 0208377271 7%7157781.3X10 CIRCLE PARK City of Fort Wonh Chesapeake Exploration,LLC 1.68 9/18/2008 0208377270 1X9579654-WO CRESTWOOD PARK City of fon- -I, Chesapeake Exploration,LLC 12.0266 9/18/2008 D2083]7772 TX7157797-000 NORTHSIDE PARK ,is,of fon Wonh Chesapeake ExPtoralian,LLC 15.1466 9/29/2008 D208394928 TX7157862-000 LINCOLN PARK CII,nI Fon Worth Dale Property Selices,I.L.C. 0.34 11/3/2008 D209032041 7X0137246.000 BIRD ST(ADMIN) City of Fon Vlorlh XT O Energy,.lnc. 5.95 11/3/2008 D208452367 TX0463465.000 LEBOW CIIANNELXTO City us In Wonh Dale Properly 5crvices,LLC. 1.813 2/7/2009 0209046372 1X0137123.000 FIRE STATION 03-ADMIN City of Fon Worth Chesapeake Exploration,tic 0.619 2/2/2009 0209085765 TX04GO329 000 FIRE STATION 21•ADMIN City of To Worth Dale Property Services,LL.[. 1.0953 2/2/2009 V209051677 TX0137242-000 MALONE•MOORE ROW Cil,of Fort Worth Four Sevens Energy Co.,LLC 1.213 2/25/2009 0709099344 7X0512835.000 POLICCNPD?-ADMIN City of fort Worth Dale Property 5crvices.LL.C- 0.75 2/25/2009 0209068816 TX0137767-000 SALAZAR UNIT•ADMIN City of fan Worth Date➢rop:rty 5ervfces,LA.0 0.2724 2/26/7009 D205063:17 TX013776&WO NC 23RD ST ROW-ADMIN Crly of Ton We In four Sevens Energy Co.,LLC 1.675 3/16/2009 D20509934: TX0512:27.000 CHAPIN RD ROW-ADMIN Cult of Tun Wonh four Sevens Energy Co.ILC 0.5739 3/16/2019 D1191,9348 7X0512829.000 FIRE STATION 06-ADMIN Cny of Fort Wvrth four Sevens Energy Co.,LLC 1.966 3/16/2009 D209099347 TXOS12828-000 LAARQUETTA OR ROW-ADMIN City of furl Worth Dale Properly Services,LL.C. 0.532 3/23/1009 0209087087 TX0137463000 FIRE STATION 17•ADMIN City of Fon Warns Four Sevens Energy Co.,LLC 0.6907 3/27/2009 D209099349 7X0512630-000 fiFIC STATION 23-ADMIN City of Fon Worlls Dale Property Services,t.LC. 0.160G 4/71/2009 0209113283 TX0138573.ODO MOODY 81OC9 36 LOT 5 Cil,of Fon WorN Daa Proyeltlt SCNIccl,L.l.0 0.1721 4/23/2009 D209113284 TX0138574.000 MOODYBLOCK36LOT6 Oily of fort We Dale Property 5crvices,LLC 25.738 4/11/2009 0209118855 TX0138572-000 TRAIL DRIVERS PARK•NORTH City of Fon Worth Cisesapeak¢Exploration,LLC 0.135851 3/1/2009 D209156758 TX0460538.GOID BAKER HEIGHTS BLOCK 18 City.,-Worih Oale ProDer[Y Services,L.L.C. 4.2046 6/4/2009 0709155267 7X0139184.000 LINWOOD PARK,BLOCK 19 City al Furl Worth Dal:Praperty Srrvi[es,LLC. 3.1277 6/9/2-9 D.116A048 7X0139407-000 STOCKYARDS 3.1277(ADMIN) City of Fon Well It Chesapeake Exploration,ILC 10.5146 6/3S/2009 D207287250 TX0460830-WO ELLIS PARK tAOMIN) City of Fort Worth Chesapeake Exploration,ILC 0.312]81 6/25/2,09 D2092290DO 7X0460698-000 BELLAIRE DR ROW City of Foil Worih Chesapeake Lrylotatian,ILC 0-848173 6/25/2009 D209218976 TX04GO656.000 FIRE STATION II City of Fon Worth Chesapeake fxploralion,LLC 2415 6/75/2009 U209223465 1X0460697.000 POLICE NPD 6 City of Fon Wonh Chesapeake Enpluration,ILC 0.626 6/29/2009 0209190492 TX0513297.000 CENTREPORT 0.626/1.708.100%CFW City of Ten Worth Ch:::peake Exploration,LLC 1.32 8/3/2009 D209ZG5662 7XO4GO739:ODO EASTSIDE PUMP STATION City of ton Worlh Chesapeake Explorafl0n,LLC 93.719 1/3/2009 D209238061 TX0460738 ODD SYCAMORE PARK City of Fan Worth Chesayeakr Fxpfaration,LLC 1.8927 8/26/2009 0209256632 7X0460802.000 BLUE BONNET CIRCLE PARK Cityal Fort Wonh Cheiaycake CxVlaratioli,LLC 0.9011364 8/26/2009 D109253742 7X0466713.0- LINWOOD PARK,BLOCK I8&20 Ci yo Fon Worth Chrsap:ak:Exploration,ILC 1.269 8/26/)009 0709253213 7X0466712 DW WORTH HILLS PARK City of fon 4Yorlh Chesapeake Eaplar:lian,LLC 0.23 9/312-9 112092)6352 TX0466723.000 HITSON LN AOW Oily of fort V.'urth four Sevens lnergy Co.,ILC 1.1662 9/17/2009 D209275317 7X0513673.000 POINSETTA OR EASEMENT Cnv of Fon Wonh four Sevens Energy Co..ILC 0.357 10/2/2009 0209286921 7X0513722.000 CRESTWOOD LOTS City 41-1 worth Chesapeake fxploralion,INC 4.93 10/2/2009 0209310291 7X0466779-,00 STAG ECOACH PUMP STATION City of Fon We'll, Chesa peake(xplo-kan-LLC 0.674 30/2/2,09 0209312755 WORTH HEIGHTS COMMUNITY CENTER Gly pi Fun Worm Cl+esapcalc Expiaratlon,LLC 20.659 10/19/2009 0209310296 7X0460993-0 HIGHLAND Hit"PARK 1:11 Fort Wall" four Save.,Energy Co.,tic 0.25 10/30/2009 0209307743 TX0513B62.000 LOT 3,BLOCK V,SUNSET ACRES Crty of Fort\Vonls Dale Properly Services,LMC. 0.2 11/4/2009 0209297575 7X0141464.000 BELMONT PARK ADON,HtX 44 LOT 12 GIypllort Wo nh Four Severn"-s'Co.,tic 0.899 11/412009 D209307741 T•X0513866000 CHURCHILL RD STORM ORAIN City of furl Vlarih four Sevens Energy Co.,ILC is 4" 11""0") 0209307742 TX0513BGI-WO TROY COURT EASEMENT City of Fell Worth Four Sevsns Cner gy Ca.,IL C 1.074 11/4/7009 020 07744 T%0513863 000 \MINE OAKS STORM GRAIN Csly of Fort Worth Four Sevens Cnergy Co.,LIC B.OB2 LI/IG/2-9 D209325629 7X051392DW0 SAM CALLOWAY RD ROW City of fort Wurlh Dale Property Services•LLC. 0.3202 12/1/21119 0209323906 7X0141782.000 ALTA MESA BLVD ROW City of fon Wottis Chesapeake Explaralipn,tic 3.7 12/3/700'1 D210W6609 (X0461265-000 00NNIE BRAE PARK Cilyof Fort W,"I Dale Property 5ervfces,L.L.C. 0.125 12/1/2-9 0209330154 7X0141864.000 GILVIN ST ROW Gly of Fon Worih Ch es apeahv E.plArafion,INC 0.5165 12/4/2009 0210040983 TK0461425-W0 rINKINS HEIGHTS PUMP STATION City.11."Worih Chesapeake txpioralian,LLC 5.3)2 1/4/2010 0210031281 TXWO1424-WO STEPHENS PARK&SEMINARY WATER TOWER City or Fon Worth Dale Property Services,LLC. 0.818 1/11/7010 0230022635 TX0142333-0 r-]0/1-35 INTERCHANGE ROW Cary of fon Worth Dale Properly Services,I.LC 0.285 1/27/2010 0210044091 1X0142879-000 STOCKYARDS II cu,pl Fon Wertis C.. "peake lxploratipn,tic .74.9)9599 2/3/2010 0710D45748 TXO4G7096-WO HOtLYWATERTAEATMENT PLANT City allots WorN Ch:sapeakc C+pioration.LC 0-9183 3/2/2010 D210078722 TX0461841-WO EOERVILLE PARK City of fon Worth Da le Properly 5crvices.lL.C. 2.34 3/2/2010 D71WC0397 TX0143369-0 NOPUISiDE PUMP STATION Civ of fon Worih Chr•sapeale E'Plorai an,tic 6.53 3/2/2010 U21W1715N 7X0461840 000 P.IOG[EA f11L[S PARK Pate 1 of 3 - EXHIBIT A Acres ne Tarrant County Clerk Lessor Original Lessee tease lease Oa l< lnst--t Rec..d,(ne No. Chesapeake Lease No. OVLease It- Ciiy alFon Wonh Dale Properly Services,I.A.C. 2.046 3/2/2010 D210052801 7X0143177.000 SOUTHRIDGf PARK C1:11 of fon Werra. Clwsapeake Fzplora6on,LLC 4.527 3/2/2010 D220095246 7X0467330.000 SPRINGDALE PARK [nl of fon Worth Four Sevens Energv Co.,TIC 0.82A 318/2010 D210101716 7X051491&000 BROOKSIDE ANNEX,AM t LOT 16 Gty of fan Wanh Dale Property Services,L.L.C. UAS 3/8/2010 D21000S177 TX0143634.ODO COUNTRYSIDE AEON PARK Gly of an We'll, Dale Property Services,LL-C. 0.585 3/872010 D210069176 7X0143633-000 FIRE STATION 15 Cny of Fon We'll, Four Sevnn Energy Co.,LLC 1.238 3/871010 D21OD93901 TX0514832.000 WAVERLY PARK STORM DRAIN C.ty of fort Worth Chesapeake Cxploralfon.LLC 0.853244 3/11/2010 D11DD77160 7%0467331.000 MFADOWBROOKLIRRARY City of Fon Worth Chesapeake Exphnalion,LLC 0.1348 3/121201D D22D075435 7X0467331-000 ROSELAND ALAN,LOT 9 C.iY of Fan Want, Chesapeake,lxpt-1).n,LLC 4 3/15/1010 0210075436 7X4576056.000 LYNCH SURVEY,TR2 City pl fort Wonh Dale Propeny Senlces,L.L.C. 0.195 3/15/2010 D21DOG9178 7X0143635.000 ROSEN HEIGHTS,BILK 195,LOT City of Fon Worth Chesapeake Expforation,LLC d.861977 3/23/2010 0230146942 7X0461912-ODO 400AM STORM DRAIN City of Fon Wonh Chesapeake Exploration,LLC 1.2796 3/23/2010 DZIOII1974 1X0463913.000 POLICE NPO CIS(EAST DIV HOT City off.. f Fon Worth Cls-apeake(xploralfan,LLC 7.1568 3/23/2010 D71DI25198 7X0461914.000 WEST TANK CIRCLE CITY.(Fort We'll, Chesapeake Ezplaralian,ILC 0.5830813 3/31/1010 D210106294 TX0462551•DDO SUMMER CREEK PARK City of fon Wonh Chesapeake Eaploratl.P,LTC 3.76 3/31/2010 0210144417 7X0462537-000 THORNY RIDGE PARK City of Fart Worth Four Sevens Energy Co.,LLC 0.52 3/31/2010 D210129492 TXOSIS162.000 VETERANS MEMORIAL PARK City of Fort VJann Chesapeake Exploration,LLC 1.9785 4/7720)0 D710120727 7%0462693-ODO ENGLEWOOD PARK City of Fon Wonil four Sevens Enoigy.Co.,LEC 0.2307 4/14/2010 D2201368BI TXD515173.000 BROOKSIDE ANNEX,ELK 1,L07 38 (i ly of For.WerUl Chesapeake Exploration,ULC 3 5/1/2010 0210123281 TX0467779.000 EUGENE MCCRAY COMMUNITY CE117ER CRY of Ton Worth Chpsapeake Ezploralion,LLC 0.7 5/3/201D D220132612 7X0464444.000 GREEN OAKS BLVD EASMENT City of fon Worth Chesapeake Exploration,LLC 133.SS1 5/3/2010 D210131779 7 7X0462835-DOD MEAOOWAROOK GOLF COURSE Ciiy nl Fon Wonh Chesapeake Exploralian,LLC 18.3 513/7010 D210177521 7X0463112-ODO TRINITY RIVER City of Fon Worth Chesapeake Exploration,LTC 30.01 5/3/2010 0210131781 7X0462836-DOO VILLAGE CREEK PARK Ciiy of Fon VJorlh Chesapeake[xPlpralion,LLC 7.597 5/7/2010 0210130658 TX0462914000 FAIRFAK PARK Ci:yof Fon Worth Dale Property Services,LTC 0,482 5/7120/0 D210040171 TX04629DB-DDO FIRE STATION 824 City of ion Worth Chesapeake Exploratfon,LLC 190.1926 5/7/2010 0110131780 7X0462937-OW FOREST PARK City of Fon Worth Chesapeake Exploration,LLC 0.60353 5/7/2010 0210134272 STONE ROAD DRAINAGE EASEMENT CIry of Fon Worth Chef.+peaks Exploration,LLC 0,754 5/17/2010 D210 17 6 3 7 9 IX0467459.ODO FIRE STATION 20-ADMIN City of Far[Walsh Chesapeake Eaploratlon,LLC 1.390995 5/17/1010 0210164196 7X0467432.000 REMOTE ST ROW City of Fan Wont, Dole Properly Sewing;LLC. 0.252 5/17/2010 D210131209 7X0145095.000 MARTINDALEADON City of fon Waith Chesapeake Exploration,LLC 0.1721 5/18/2010 D210176380 7X0467430.000 GAEENBRLAR A00N,BLK 2,LT 41 City of Fall Worth Dale Property Services,L.L.C. 0.17 S/27/1010 D21015329S 7X0145779-0D0 LEBOW CHANNEL III Cfly of fon Worth Dal,Property Services,LLC. 0.2 5/27/2010 0210153293 TX0145777.ODO LEE AVE STORM DRAIN City ofFort Worth Dole Property Services,L.L.C. 0.194 5/27/2010 D210153294 TX0145778-ODO LOT 32 ALK2 MORGAN HEIGHTS City of Fon Werth Dale Property Services,l.l.f. 0.2 5/27/2010 D230153298 7X0145782.000 LOT 18 ALK78 M G ELLIS AODN City of Fort Wonh Dale Properly Services;I.A.C. 0.2 5/27/2010 D210153297 7X0145781.000 LOT 7 ALK 52 BELMONT PARK City of Fon Worth Dale PtoVcfiV Services,t.LC. 3.16 5/17/2010 D210153289 TX0145770-ODO NORTHSIDE POLICE STATION City If an Worth Dale PPI, Services,L.l.C 0.275 611/1010 0210153296 7X0145780-000 AZLE AVE ROW City of Fon Worth Chesapeake Exylaraliws,LLC 79.842 6/1/2010 D210160123 T%0463113-000 CANDLERIDGE PARK City of fort Worth Dale Propv,ty Services,I.L.C. 0.154 6/1/2010 DZI0153291 7X0145775.000 MALONE-MOORE ROW II G:y of ion Worsts Dale Property Sorvicas,L.L.C. 0.5705 6/1/2010 D710153292 7X0145776.000 HE 28TH ST ROW City of fonW 114 Chesapeake taploralian,LLC 0.044196 7/13/2010 D2102$0908 TX0464190w000 S.HEMPHILL ST ROW fill of Fon We 11 Chesapeake Exploralian,LLC 4.505801 7/13/2010 0210134109 7X0467631.000 UNIVERSITY DRIVE ROW 1 Gly of an Wonh Chesapeake(xploralion,LtC 10.899 7/19/2010 D210239127 7%0467692.000 113105 FREEWAY City of Fort War Is ChesaPcakc Exploration,LLC 29.69 7/19/2010 0210234108 7X0467690 000 GEORGE MARKOS PARK City of Fun Worth Chesapease Exploralian,LLC 23.0341 7/19/1010 0210267662 TX0464199-000 HULEN MEADOWS PARK City of fart W.W. Coyala Pelr.leum Ventures,LID 5.99 7/19/2010 0211076131 7X0430707.OGO J.T.HINKLE PARK City of fon Worth Chesapeake Exploration,LLC 10.4 7/19/2010 D21023007;0210731304 TX0467693.000;7X046418 SETTLEMEHT PLAZA PARK City of Fon We'll. Chesapeake Exploration,LLC 15.9779 7/19/2010 0210267661 TX0467691-COO $OUTHCREEK PARK City alforl Worih Chesapeake Lxploration,LLC 7.6333791 7/19/2010 See Attached legal Description TITUS PAULSEL PARK City of Fon Wonh Chesapeake Exploralian,LLC 2.5955 8/2/2010 D210322737 7X0467689.000 MC CART AVE ROW City of Fort Worth Chesapeake Exploration,LLC 1.532 0/2/1010 D210247413 T'A0468054.000 Z BOAZ PLACE TRIANGLE City of fart Worih Chcsapc.ke Eaplorali.n,LLC 0.267 8/10/2010 0210242297 7X0467695-000 N.RIVERSIDE ESTATES 119 0t%1 Cltyol,."Iw.ri1, Chesapeake GPtorailon,LlC 0.34 8/30/1010 0210267660 TX0467694-000 PAR WOOD EAST PARK City.1 Fon Worth Dale Properly Services,LLC 1.064 8/15/1010 0210234544 TXO147723.000 ANDREW'DOC"SESSIONS COMMUNITY CENTER Ci EXHIBIT A Aires. Tartans Cvanty Clerk I- Orlalnal Lessee Lease I'_Date minimi-1 fle-dine No Chesan4ake Lease it., City Lease Name City of fon Worth Chesapeake Exploration,LLC 0.262 10/21/2011 0212020033 TX•SOD063-000 N.BEACH YT ROW Gty of fon Worth Chesapeake Exploration,LLC 2.218 10/21/2011 D211311632 TX-500060000 it.RIVERSIDE ROW City of fort Worth Chesapeake Exploration,LtC 0.132 10/27/2031 0211312921 42-044554000 4D9S.RAYNER Cly of FOR Worth Chesapeake Exploration,LLC 0.998757 10/27/2011 0212075549 42-011185.000 CENTAEPORT-FRYE ROAD City of Fon Worth Chesapeake Exploration,LLC 22.48 )0/I7/2011 D211311613 TX-SOOD61-OW HALLMARK PARK City of Fon Worth Chesapeake Exploration,LLC 0.386 11/20/2011 D212016559 42.045608.000 DAY BRANCH CREEK CHANNEL City 01 fort Worth Chesapeake Exploration,LLC 1.133 11/28/2011 0212006322 42-045011.000 EAST BERRY LIBRARY City vl fort Worth Chesapeake Exploration,LLC 1.434 11/28/2021 D212006323 42•U45009.000 EASTWOOD ELEVATED WATEA TANK Gty of Fon Worth Chesapeake Exploration,LLC 0.197 11/29/2011 0212006321 42,045010000 EASTLAND CHANNEL City of ion Worlh Chesapeake Exploration,LLC 20.511 12/8/2011 D212023GO4 TX-500071.000 SYLVANIA PARK City of fon Worth Chesapeake Exploration,LLC 0.775 11/8/2011 0212015713 42046302-000 WEST III[WAY WATER TOWEA2 City of Fon Worth Chesapeake Exploration,TIC 0.43957) 12/)3/201) 0211018833 7X0422604.000 BROOKSIDE ANNEX ROWS City of Fon Worth Chesapeake Exploration,LLC 0.086 12/33/2011 0212044232 42-047474000 RAMEY AVE ROW City of Fon Worth Chesapeake Explotallon,TLC 0.D24 32/13/2011 DZ11084568 7X•500072.000 TRUE ACRES TRIANGLE City of fort worth ChosapeaSe Explonthin,LLC 0.523OD2 12/19/2011 D212050301 42.046272-000 FIRE STATION 30 a'Y o1 fort Worth Chesapeake Exploration.LLC 0.000267 12/19/1011 D212067885 42-046295.001 GAMORELL.MCCART ROW City of fort Worth Chesapeake Exploration,LLC 0.198691 12/19/2013 D212075547 42-044644.WO MURRAY HILL ADDITION STRIP Gly of Fort Worth Chesapeake Exploralion.LLC 2.779 12/29/2011 0212084569 TX.500073.OW KAYWOOD HEIGHTS City of Fort Worth Chesapeake Exploration,LLC 1.9854 12/19/2011 0212013170,0212013172 42-046148000 RIDGLEA LIBRARY City of Fon Worth Chesapeake Eplorasion,LLC 0.161 7/6/2012 D212080233 42.049619000 20121RMA ST Cny of Fon Worth Chesapeake Exploration,tIC 11.993 2/6/2012 D212069412 TX-S00310.000 DEER CREEK PARK CisY of Felt Worth Chesapeake Exploralfon,LLC 13.5 2/6/2012 0211073229 42-049269-000 EASTOVER PARK City.1 Fort Worth Chesapeake Exploration,LLC 0.914 2/8/2012 D212073229 42049267-000 LITTLE JOHN PARK City of Fon Worth Chesapeake Exploration,LLC 3.43 2/8/2012 D2120488811 0211055737 42-048098.000 MORRIS BERNEY PARK City.11..Worts Chesapeake Exploration,LLC 4.80$06 2/8/2012 D212098360 TX-500080000 SMHA UNIT MISC ROWS City of fort Wants Chesapeake Exploration,LLC 0.344353 3/6/2012 8212111221 42-049710,000 COLLEGE HEIGHTS ADDN,BLK 2,IT 14 City of fon Werth Chesapeake upioration,ac 0.7594 3/20/2012 D212107014 TX-SODO96�000 EOGECLIFF BRANCH CHANNEL City of Fon Worth Chesapeake Exploration,LLC 0.6893 3/20/2012 0212307013 TX-500098.000 FIRE STATION 24 P2 City of Fon Worth Chesapeake Exploration,LLC 0.9641873 3/20)2011 021Z114169 42.050680000 MADDOXPARK02 Cityollon Wurth Ch-peakc Exploration,LLC 0.413224 3/27/2012 0211114168 42.050681.000 OLD NORTHSIDE PUMP STATION City of Fon Wonh Chesapeake Exploration,LIC 0.673553 4/4/2012 0212119766 Not able to locale POLYTECHNIC CHILD DEVELOPMENT CENTER City of Tort Worth Chesapeake Exploration,LLC 4.558 4/4/2012 02121(i5501 7X-500118-000 S.HAMPSHIRE BLVD ROW iI City of Fon Worth Chesapeake Expfaralion,LLC 0.20087 4/4/2012 0212132847 42.050930000 VAN HORN,SIX L,LOT 14 City of Fon Worth Chesapeake Exploration,LIC 144.446 8/15/2012 0212264962 TX-500141-000 2 BOAZ NORTHJGOLF COURSE) City of Fort Worth Chesapeake Exploration,LLC 0.247 10/9/2012 0213011706 TX-500151.000 OAKVIEW ROW Gly of Fort Worth Chesapepke Exploration,LLC 0.076 10/9)2012 D213011707 TX-500152000 WREAY ROW City of fort Worth Chesapeake Exploration,LLC 0384 11/5/2012 021301/705 TX-500153-000 HARTMAN ROW City o)Fon Worth Chesapeake Exploration,LLC 0.168 2/5/2013 0213077190 TX-500361.000 BURCHJUL RD ROW City of foil Wallis Chesapeake Exploration,LLC 2.921 2/5/7033 D213077188 TX-500160DOD COBB PARK It Gly of Fon Worth Chesapeake Exploraston,LLC 0.169 2/5/2013 D213017189 7X•500159.000 VAUGHN BLVD ROW Gly of fon North Chesapeake Exploration,ULC 15.45 5/10/2013 0213170343 TX-500169.000 HANDLEY PARK City 01 Fon Worth Chesapeake Exploration,LLC f0 6/6/2013 0213233008 TK-500176.000 SHACKLEFORO PARK City of Fort Worth Chesapeake Exploration,LIC 0.21 8/8/2013 0213299413 TX.500181.000 WILDELM ST ROW City of fon Worth Chesapeake EpJ.rall.n,LlC 0.06 3/11/1014 02/4070563 47-0009168.000 LAKE WORTH-ELLA YOUNG City vi Fert Wonh Chesapeake Exploration,ELC 5.5815 5/812014 D214101157 7X7160148.ODO 14ARY AND MARVIN LEONARD PARK City of Fort Worth Chesapeake Exploration,ILC 4 5/27/2014 D214140989 WICHITA STREET ROW Cnyvl Fon Worth Chesapeake Exploration,LEC 0.0095 12/23/2014 021SO48731 4243011256000 4TH&SYLVANIA ROW Ci ly of fen W.Ris Chesapeake Explotallon,LLC 0.0581 12/23/2014 D215035944 42.0011075.000 4TH IS,SYLVANiATRtANGLE Gly of Fon Worth Chesapeake Exploration,LLC 0.2933 12/23/2034 0215109551 MILLER ROWS Ci Y.(Fort Worth Chesapeake Exploration,TIC 0.8084 5/17/2015 0215159084 42-0011325.003 TRUELAND WATER TANK Page 3.13 TITUS PAULSEL PARK LEASE LEGAL DESCRIPTION: Description of Property: 7.63337906 acres, more or less, better described in the following fourteen (14) tracts: 1. 0.28696051 acres, more or less, being Lots 11 & 12, Block 119, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County, Texas, being part of the J. W. Sublet Survey, Abstract Number 1409, according to plat recorded Volume 63, Page 109, Deed Records of Tarrant County,Texas, 2. 5.22291073 acres, more or less, being Lots 1 through 9, Block 118 and Lots 1 through 10, Block 119, Polytechnic Heights Addition to the City of Fort Worth,Tarrant County,Texas, being part of the J.W.Sublet Survey, Abstract Number 1409, according to plat recorded Volume 63, Page 109, Deed Records of Tarrant County,Texas. AND Lots 1 through 5 and Lots 8 through 12, Block C, Millett Addition to the City of Fort Worth, Tarrant County,Texas, being part of the J.Tuell Survey, Abstract Number 1530, according to plat recorded Volume 204, Page 44, Deed Records of Tarrant County,Texas. 3. 0.20087236 acres, more or less, being Lot S, Block 112, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County, Texas, being part of the W. McKinney Survey, Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 4. 0.17217631 acres, more or less, being Lot R, Block 112, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County, Texas, being part of the W. McKinney Survey,Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. S. 0.17217631 acres, more or less, being Lot Q, Block 112, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County, Texas, being part of the W. McKinney Survey,Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 6. 0.17217631 acres, more or less, being Lot P, Block 112, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County, Texas, being part of the W. McKinney Survey, Abstract Number 1286, according to plat recorded Volume 388-Q Page 291, Deed Records of Tarrant County, Texas. 7. 0.17217631 acres, more or less, being Lot O, Block 112, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County,Texas, being part of the W. McKinney Survey,Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 8. 0.17217631 acres, more or less, being Lot N, Block 112, Polytechnic Heights Addition to the City of Fort Worth,Tarrant County,Texas, being part of the W. McKinney Survey, Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 9. 0,17217631 acres, more or less, being Lot M, Block 112, Polytechnic Heights Addition to the City of Fort Worth,Tarrant County,Texas, being part of the W. McKinney Survey, Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 10. 0.17217631 acres, more or less, being Lot L, Block 112, Polytechnic Heights Addition to the City of Fort Worth,Tarrant County, Texas, being part of the W. McKinney Survey, Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 11. 0.17217631 acres, moreor less, being Lot K, Block 112, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County,Texas, being part of the W. McKinney Survey,Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 12. 0.20087236 acres, more or less, being Lot A, Block 112, Polytechnic Heights Addition to the City of Fort Worth,Tarrant County,Texas, being part of the W. McKinney Survey, Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 13. 0.17217631 acres, more or less, being Lot B, Block 112, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County, Texas, being part of the W. McKinney Survey, Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. 14. 0.17217631 acres, more or less, being Lot C, Block 112, Polytechnic Heights Addition to the City of Fort Worth, Tarrant County, Texas, being part of the W. McKinney Survey, Abstract Number 1286, according to plat recorded Volume 388-Q, Page 291, Deed Records of Tarrant County, Texas. M&C Review Page 1 of 2 Official site of the City of Fort Worth,Texas CITY COUNCIL AGENDA FOR » COUNCIL ACTION: Approved on 11/15/2016 - Resolution No. 4698-11-2016 REFERENCE ** 12CHESAPEAKE ENERGY DATE: 11/15/2016 NO.: G-18878 LOG NAME: STLMNT-PARALLEL CODE: G TYPE: CONSENT PUBLIC NO HEARING: SUBJECT: Adopt Resolution Authorizing Settlement of All Claims with Parallel Petroleum, L.L.C. Related to the Lawsuit in Cause No. 48-268798-13, 48th District Court, Tarrant County, Texas, Authorize Execution of All Agreements Necessary to Complete the Settlement and Authorize the City Manager to Execute Amendments to Gas Leases with Respect to Parallel Petroleum Interests (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt a resolution approving the settlement of all claims against Parallel Petroleum, L.L.C. related to the referenced lawsuit; 2. Authorize the City Manager to execute amendments to the gas leases with respect to the interests of Parallel Petroleum, L.L.C.; and 3. Authorize the City Manager to execute any other Agreements necessary to complete the settlement. DISCUSSION: The City of Fort Worth (City), as lessor, entered into a number of oil and gas leases with various lessees, including Chesapeake Exploration, L.L.C. (Chesapeake) and its affiliates. In 2010, Total E&P (USA) Inc. (Total E&P) acquired a 25 percent working interest in the lease from a Chesapeake entity. In 2013, the City and related entities filed suits as Cause Nos. 48-268798-13 and 352-272138- 14, alleging that Total E&P and Chesapeake breached their obligations under those leases by underpaying royalties under the leases. On March 22, 2016, City Council adopted Resolution No. 4608-03-2016, approving the settlement of all claims against Total E&P for$6,000,000.00. On May 24, 2016, City Council adopted Resolution 4633-05-2016, approving settlement of all claims against Chesapeake Energy Corp., et al., in Cause No. 48-268798-13 and paid the agreed upon amount of $15,000,000.00. All parties to the lawsuit executed the Settlement Agreement documents with the exception of Parallel Petroleum, L.L.0 (Parallel). Parallel acquired a working interest in City leases. Parallel has subsequently agreed to the terms of the settlement and will execute all documents necessary to complete the settlement. The City has been paid all agreed upon amounts due under the terms of the Chesapeake and Total E&P Settlement Agreements so no further settlement payments are due by Parallel, however, Parallel will now comply with the terms of the settlement which require royalty payments based on a natural gas price index. Additionally, Parallel will pay the City for any underpayments of royalty from the effective date of the Settlement on April 1, 2016. FISCAL INFORMATION/CERTIFICATION: Upon approval, the Director of Finance certifies that this action will provide continuity with our Gas Lease Agreements and that a minimal financial impact is expected. http://apps.cfwnet.org/council_packet/mc_review.asp?ID=24048&councildate=l 1/15/2016 1/18/2017 M&C Review Page 2 of 2 TO Fund Department Account Project Program Activity Budget Reference# Amount ID ID Year (Chartfield 2) FROM Fund Department Account Project Program Activity Budget Reference# Amount ID ID Year (Chartfield 2) Submitted for City Manager's Office by: Jay Chapa (5804) Originating Department Head: Sarah Fullenwider (7623) Additional Information Contact: Gerald Pruitt (7616) Jean Petr (8367) ATTACHMENTS Form 1295 Certificate - City of Fort Worth.pdf Parallel Settlement Resolution (12CHESAPEAKE).docx http://apps.cfwnet.org/council_packet/mc_review.asp?ID=24048&councildate=l 1/15/2016 1/18/2017