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HomeMy WebLinkAboutContract 38812 CITY SFCRETAF�, CON i rz ,CT NO. �A NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY 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 OIL AND GAS LEASE i STATE OF TEXAS § J COUNTY OF TARRANT § G? THIS MEMORANDUM, made this�S day of .1 U /,3 r , 2009, by and between The City of Fort Worth, 1000 Throckmorton Street, Ft. Worth, Texas 76102 hereinafter called "Lessor", and QUICKSILVER RESOURCES, INC., 777 West Rosedale, Suite 300, Ft. Worth, Texas 76104 hereinafter called"Lessee." WITNESSETH: That Lessor, for a valuable consideration and in consideration of the covenants of the Lessee set forth in that certain Oil and Gas Lease made and entered into this day by and between the parties hereto covering the land hereinafter described, does hereby lease unto Lessee for the sole and only purpose of exploring for and producing and marketing oil and gas, including casinghead gas and other gaseous substances from, all that certain land situated in the County of Tarrant, State of Texas, and more particularly described on Exhibit A. The term of said Oil and Gas Lease is for two (2) years from the date thereof and so long thereafter as oil or gas is being produced in paying quantities from the lease premises, or land pooled therewith, or so long thereafter as drilling, deepening or reworking operations for the production of oil and gas are being conducted thereon, as therein provided. Reference is hereby made to executed copies of said Oil and Gas Lease in possession of Lessor and Lessee respectively, for all of the provisions thereof, and by this reference same are incorporated herein and made a part hereof in all respects as though fully set forth herein. IN WITNESS WHEREOF, the parties hereto have caused the Memorandum of Oil and Gas Lease to be executed effective as of the day and year first herein written. LESSOR: CITY OF FORT WORTH By��� Assistant City Manager ATTEST: Ei Qu[�le� ity Secretary APPROVED AS TO FORM AND LEGALITY: B lL Assistant City Attdmey ----i Date: `� �� � OFFICIAL RECORD CITY SECRETARI( -? FT. WORTH,TX EXHIBIT A 0.4310 acres,more or less,situated in the J.M.Daniel Survey,Abstract No.395,Tarrant County,Texas,being the same lands described as a Dedicated Waterway,to the City of Fort Worth,Tarrant County,Texas,and being more particularly described as a portion of Block 7,Village Garden Addition,an Addition to the City of Fort Worth,Tarrant County,Texas,according to Plat Volume 388-Y,Page 84,dated May 27, 1954,as recorded in the County Clerk's Plat Records,Tarrant County,Texas, Being the same Tract or Parcel of Land described by the following metes and bounds: Beginning at a point being the Northeast corner of Lot 3,Block 7 of Village Garden Addition,an Addition to the City of Fort Worth,Tarrant County,Texas,according to a Plat, Volume 388-Y,Page 84, dated May 27, 1954,as recorded in the Plat Records,Tarrant County,Texas, THENCE: South 40 degrees, 10 minutes,East for a distance of 102.0 feet,to a point in the North line of Lot 3,Block 7,of Village Garden,an Addition to the City of Fort Worth,Tarrant County,Texas, THENCE; East,continuing along the North line of Lot 3,and the North line of Lots 2 and 1,of Block 7, Village Garden Addition,an Addition to the City of Fort Worth,Tarrant County,Texas,for a distance of 207.3 feet,to a point for a corner, THENCE: North,a distance of 78.33 feet to a point for a corner, THENCE:West and in the North line of Village Garden Addition,an Addition to the City of Fort Worth,Tarrant County, Texas,for a distance of 273.4 feet to the place of beginning,and containing 0.4310 acres of land,more or less.