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HomeMy WebLinkAboutContract 41827 (2)CITY SFCRETy CONTRACT NO. '4 I Hai Date: MEMORANDUM OF OIL AND GAS LEASE STATE OF TEXAS COUNTY OF TARRANT § KNOW ALL MEN BY THESE PRESENTS: BE IT REMEMBERED that on the/Y , day of /04 , 2011, a Paid Up Oil and Gas Lease was made and entered into by and between thiCITY OF FORT WORTH, a home rule municipal corporation of the State of Texas, 1000 Throckmorton Street, Fort Worth, Texas 76102, hereinafter called "(LESSOR)"; and VANTAGE FORT WORTH ENERGY, LLC, 777 Main Street, Suite 790, 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 y liq uid or gaseous substances produced in association therewith, from the followingdescribed 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 p y 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;/? "day of LESSOR: CITY OF FORT WORTH By: Fernando Costa Title: Assistant City Manager ATTEST: City Secretary , 2011. ESSEE: VANTAGE ORT WORTH ENERGY, LLC a Delaware i Ili By: . • arry Osborne Its: Attorney in Fact Acri, F0/0:414z2 nir opoo op0 a0 � oa�� 0p 00 �p o at° � o o� 821 ° invited Liability Company V APPROVED AS TO FORM AND LEGALITY: � ooa By: LiNk Assistant City Attorney n ILL 1 ACKNOWLEDGEMENTS THE STATE OF TEXAS COUNTY OF TARRANT BEFORE ME, the undersigned, a Notary Public, on this day personally appeared Fernando Costa, Assistant City Manager of the City of Fort Worth, a home -rule municipal corporation of the State of Texas, known to me to be the person whose name is subscribed to the foregoing instrument and, that he has executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this / [SEAL Notary Public in and for the State of Texas My Commission Expires: Print Name of Notary Public Here day of %I/Gtt- THE STATE OF TEXAS COUNTY OF TARRANT `11111os 1ag I Oil ‘‘Ii[Cf' 2011. -.a. *. i& KJ.'-Y EVONIA DANIELS MY COMMISSION EXPIRES duly 10, 2013 BEFORE ME, the undersigned, a Notary Public, on this day personally appeared C. Bar ry Osborne, Attorney in Fact of Vantage Fort Worth Energy, LLC, a Delaware Limited Liabilit y Company p y of the State of Texas, known to me to be the person whose name is subscribed to the foregoing instrument g g and, that he has executed the same for the purposes and consideration therein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE this tary Public in and for the State of Texas My Cssign Exp�es��� 4114CurteL 4 Print Name of Notary Public Here day of 2011. • AMANDA D. COULTER MY COMMISSION EXPIRES it December 10, 2013 zusatiscogoaft Exhibit "A" Two parcels of land, containing 1.1990 acres, more or less, described as follows: Tract 1: Being a 0.1230 tract of land out of the W. J Morgan Survey, A-1092, City of Fort Worth, Tarrant County, Texas, more particularly described in a Warranty Deed, Volume 3425, Page 263, Dated 3/15/1960, in the Deed Records, Tarrant County, Texas. Tract 2. Being a 1 0760 tract of land out of the W. J Morgan Survey, A-1092, City of Fort Worth, Tarrant County, Texas, more particularly described m a Warranty Deed, Volume 4010, Page 512, Dated 11/16/1964, in the Deed Records, Tarrant County, Texas. (GRANBURY ROAD ROW) 3