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crry sECRETARY
CONTRACT NOw
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 WdA 2012, a Paid Up Oil
and Gas Lease Was made and entered into y and between the CI Y OF FORT WORTH, a
home rule municipal corporation of the State of Texas, 1000 Throckmorton Street, Fort
Worth, Texas 76102, hereinafter called "(LESSOR)"; and KT O Energy Inc., 810 Houston
Street, 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 th day of , 2012.
06� foAr
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LESSOR: X 7 0 a 0_
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CITY OF FORT WORTH ATTEST: Q a X
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By: Fernando Costa eit Secreta6(1 �. � "
Title: Assistant City Manager
APPROVED AS TO FORM AND LEGALITY:
By.
Assistant City Attorney ter;t apt author f x at ox
Da t e
1, WVUkfh, TX
P
ACKNOWLEDGEMENT
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 2U day of 2012.
[S AL
L�J"4_k Notary Public in and for the ,,►► ss,,,,
State of Texas =' 'Y •'= LINDA M.HIRRUNGER
MY COMMISSION EXPIRES
` ■yy��11111 '■` Unary��2014 My Commission mires: �� � �
r)(ick- k rvkoc,C y Print Name of Notary Public Here
LESSEE:
XTO ENERGY INC.
By XL I�1
Its Edwin S. Ryan Jr.
Sr. Vice President Land Administration
ACKNOWLEDGEMENT
THE STATE OF TEXAS §
COUNTY OF TARRANT §
AAA BEFO ME the undersigned, a Notary Public, on this day personally appeared
JAMW I So I�� , on behalf of XTO Energy, Inc., known to me to be
the person who4 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 SEAL OF OFFICE this 314 day ofa0fa 92012.
[SEAL]
Notary Public in and for the
State of
My Co 1551 n Expires: DEDRA L.NUNEZ
Print Name of Notary Public Here * ° `y ' c
STATE OF TEXAS
My Comm UP.01128/2016
OFFICIAL RECORD
CITY SECRETARY
FT, WORTH, TX
1
EXHIBIT A
0.7657 acres, more or less, being Lots 1 and 18, Block 1 of Marine Creek Estates, an addition to the City
of Fort Worth, Texas, according to the map or plat thereof and recorded in Cabinet A, Slide 5005, of the
Plat Records of Tarrant County, Texas.
(MARINE CREEK LAKE PARK)
(MARINE CREEK ESTATES UNIT)
Electro lcaliv Recorded Tarrant County Te as
Offici I Public Records 414!2012 10:51 �M D21 080886
1�'1f�.vt �t•r■��
PGS 3 $24.00
Ma Louise Garcia Submitter: SIMPLI ILE
C! SECRETA
C RACT NO
I
C
3
MEMORANDUM OF OIL AND GAS LEASE
I �
STATE F TEXAS §
f
§ KNOW ALL MIEN BY THESE PRESENT
COUNT OF TA NT §
BE ir REME ERED that on the Paid• day of , ��l�, a P d Up X11
and Gas ease was na de and entered into y and between e C
I O FORT w RTH, a
home rub municipa corporation of the State of Teas .
• 10oO Thro kmorton S eet, Fort
North,-T x as 7f 1 02, hereinafter called " LES S OR ", and
� � , xTO Ever y Ync., 81 Houston
Street,Fo .worth, Te as 76102, hereinafter called "�,E
� S SLE), where L S S oR here. y grants
leases and lets exclusx ely to LESSEE for the purpose .of
and mark p exploring far, eveloping, roducing
tug oil d gas, together with any liquid or gaseous s .
associ ati o therewith g u stands pr duced to
om the following described land situated in Tarr t County,ty, exas, to-
SE EXHIBIT `A"AT
TAOHEY]HERETO AND MADE A PART RE
OF
Su j ect to the then rovisions there'
P m contained, said lease prove es for a pri ar term
of two (2) years, from the date thereof, and as Ion thereafter Y
covered th r . g # e' as oil or g s or other s bstances
ern are pr duced in paying quantities from the leased remise or from
therewith, r this lease is otherwise p I spooled
rnaYx�talned in effect pursuant to the provisions therein.
An Executed c py of said Gil and vas Lease i •
s in the possession of LESSEE at its
address in(heated abov .
Ex uteri this t da of
Y 520120
LESSOR-. ,
3
CITY OF P�,GRT WOR R
ATTEST. i.
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By; FernapCdo Costa 0
xty Secret -y .�
Title: Assistant City M alter N1. 0� Q
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APPROVI D AS TO FORM AND LEGALITY: � . .1n. • `'
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Assistant City Aftomey contract Author I z at i.oR
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M&C Review Page 1 of 2
Official site of the City of Fort Worth,Texas
FoRTWORT"
CITY COUNCIL AGENDA
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.. ........
COUNCIL ACTION: Approved As Amended on 11/1712009 -Amendment is Highlighted in Yellow
DATE: 11/17/2009 REFERENCE NO.: L-14889 LOG NAME: 06ADMIN
LEASES
CODE: L TYPE: NON-CONSENT PUBLIC NO
HEARING:
SUBJECT: Authorize Administrative Approval and Execution of Leases for Natural Gas Drilling Under
City-Owned Properties of Five Acres or Less in Size
RECOMMENDATION:
It is recommended that the city Council authorize the City Manager to approve and execute leases
for natural gas drilling under city-owned properties that are five acres or less in size.
DISCUSSION:
On January 18, 20077 (M&C G-15588) Fort Worth city Council authorized the City Manager to
approve and execute leases for natural gas drilling under city-owned non-park properties that are two
acres or less in size.
From time to time, the City is asked to lease isolated City-owned properties in various locations that
are five acres or less. city staff is recommending that gas leases for these properties be
administratively approved for natural gas drilling leases after evaluation of the gas company's drilling
plan, reputation, financial status, project team and compliance history by staff and the city's mineral
asset management consultant, Midkiff oil and Gas. The leases would be executed through an
internal administrative process involving the Planning and Development Department, the city
Attorney's Office and the City Manager's office.
The purpose of this change is to allow staff to negotiate and expedite processing of small leases in
order to ensure that the city is not excluded from units due to the time necessary for city council
review.
Requirements and guidelines to be followed in determining eligibility for inclusion in the Administrative
Gas Lease Process are as follows:
City-owned property five acres or less;
No surface use of any kind;
No identified adverse impact to the surrounding neighborhood;
Compliance with the City's gas drilling ordinance;
Minimum bonus to be determined by current market rate;
Minimum royalty of 25 percent;
The distribution of lease bonus and royalties will be in accordance with the revenue distribution
policy approved by the City Council; and
No M/WBE goal will be required due to the size of the parcels.
The lease will be presented to city Council for consideration prior to execution for any City owned
properties under five acres if opposition to conversion is expressed by citizens in the
affected neighborhood or a council Member requests such consideration.
http:/lapps.cfwnet.org/council_packet/mc-review.asp?ID=12665&councildate=1111712009 3/13/2012
M&C Review Page 2 of 2
FISCAL INFORMATIONICERTIFICA'rION:
The Financial Management Services Director certifies that this action will have no material effect on
City funds.
TO Fund/Account/Centers FROM Fund/Account/Centers
Submitted for City Manager's office bv: Fernando Costa (6122)
Orii inatina department Head: Susan Alanis (8188)
Additional Information Contact: Jean Petr (8367)
ATTACHMENTS
http:ll apps.cfwnet.orglcouncil-packetlmc—review.asp?ID=12668&councildate=1111712009 9/1312012