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HomeMy WebLinkAboutContract 38613 l r� 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 ,-� ' , 2009, 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 FOUR SEVENS ENERGY CO., LLC, 201 Main Street, Suite 1455, Fort Worth, Texas 76102, 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 then day of ^?i' ) ,2009. LESSOR: LESSEE: CITY OF FORT WORTH FOUR SEVENS ENERGY CO, LLC -4��Z—,/ 06 )q_ � _4:� By: fernaM_drC,.,Ta By' Kiti/ �` Title: Assistant City Manager It A-0(+a Le (-a ATTEST: City Secretary NO M&aC REQUIRED APPROVED AS TO FORM AND LEGALITY: By: Assistant City Atto ey Date: ! 1 7 OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX 04-22-09 A70 :36 IN 1 05-27-09 A09 : 19 IN ACKNOWLEDGEMENTS THE STATE OF TEXAS § COUNTY OFTARRANT § BEFORE ME, yPTTp 4a 4 e the undersigned notary public, on this day personally appeared F� nab r, e, 7:� , 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 J/ day of Q , 2009. Notary ublic, State of Texas My Commission Expires: o 7.0-tea Commission Number: a o 199�5 9i- =4 ' HE7 i 1E LANE MY COMMISSION EXPIRES :- +::...•E July26,2.011 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, bat-,t the undersigned notary public, on this day personally appeared /1CCAP_ known to me to be the person whose name is subscribed to the foregofng 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 2009. 9 klL� — Notary Public, State of Texas My Commission Expires: Commission Number: 2�;PPYP`e4� DAVID R. MOSS *' MY COMMISSION EXPIRES OCTOBER 19,2010 P a I , L 2 EXHIBIT A 2.5095 acres of land, more or less, out of the J. F. Elliott Survey,A-494 being further described in the two (2)tracts as follows: Tract l: . iti ni]ng at. a point in, °ttLe Oat r ;ght, of way Iiiie of C ;r-swel-1 Track s zhown .in "volume 1452, pages 343 of t Deed Mcord , of Tarrant , C04nty'r Texaco -al:d pint: bey. q S. 1.501 ' W4 #135. fit 1MR the hers- ctim. ,of the eat right , . war' f, the car:%well S; ' track and the north one Ot the Johri Collett S urve 'a " W 50�O,84 feet o a' Point 0, said. pint i�piag the b gin ug' of, a tux the .1,.7 'h r-4, center learn :824 ` Z a distance of .d u c t tl tk � s r try l ti i. 1. 3'�'20 r, �distanca of 19RM fu2t tO the end Of, said TlAmca S 0 1 ' 1.57 41 [Ont. to a poit-tp . 'a point, said poift bairn in the. east �.qht Qf M,"Lx Una of ,--a4d railtoad cur 7hence 'N 0911, E 1=41i quid. east right 'Of 'W,y it it of. tho railroad spur M. 7 feet v pin ' r► a�. � w. ...c�:rt a�dir� ales an li t o� war line 407,2 feet 'to a po int Them;e: N. .1241 ' vitl�. 'mid railkoad: ri t o uay,100,0, Qq-t Thence,j� 1 11 , 4 rjntjnjjing .with said ra.�,°�road r � l� 1 0.,45 feet t 'the poirkt of 4eg1 1�,h°i. ' ;. ana 2.41 3 titres of Imi.d, Homy Or loss.o subject to the use, for strreet a meal r tlra rage aA�- tj ,-liter purposes and: the xight, of rev .�tor Tract 2: 3EGIMNING at a point it) tine ?pest lirra' of the said J. C. Penrtey Tract being at the: southwest corner af a 2.45 acrM tract conveyed to the City of Fort Worth bar J. C. Pell-DRY Company, 'nr..: referred to as Tract No, 2 in the Deed' recorded in Volu.rrre 5 2D at Page 57D of the Deed Records of Tarrant County, Texas; 7RENCE; South 89 degrees 56 PlIn rtes 43 seconds East with tj7e 'mth linD Of said 2 45 acre tract for a distance of 111.98 feet to the southeast corner of said 2.45 acre tract, THENCE: Beath no degrees 11 mirutes 'pest frr a distance of 22,0 feet to a poilt for corner; HENCE: North 89 degrees 56 Minutes 41 seconds West for a distarrce f 111.98 feet to a point in tkao west line. of the said J. C, Permey tract1 TRENCE: NorUl nu deurees 11 minutesEast with sai�d West j fne for ,a distance of 22.0 fee to tine plaice of BEGINNNG, and cantsinina 2463 square feet of land, rare or less. ,_Au Uo�,-0(AAL RECORD r � �RET,4