HomeMy WebLinkAbout1009 ~ ~ .
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1 his lease +lso cn~•ers and includm. in additioo to t~at a~ove described. aU 1.n3. ii anr. cvntipcom ot adjacent to or • mn~ ths 4ad above desc~itxd aad ~
~a~ owped nr daimed b> lasnr br limibtion, prescriphon, possession. re~eniuu or unroco+ded inttrummt or lb) ~s to ~ I~sor h~s • preFerence ri~ht ol ~
a. yu~s~t~on. itsuir ~R~eex to e:ecvte an7r supplemmtal iattrument rcquested 1 p leace for a mon oamplde Or amuste descriptlou of ~aid~~ pI~nd• For 1!M pur-
~~.,se ut detemmins the ~mount oE ~ar bonus. ddar reatd or other Ws~mmt t~errunds. said Lnd sh~ll b~ d~~d to caa~•;•• 18~2`~~~ acres. ~
.~hether r.tually contaiuin~ more or las. and the abore recihl of ~veaQe in +ur tnd ~Lall bs de~ued to be ths trvs acra=e thereo(. Lm.u accept~ ehe ~
'..~nus ,?nJ aqcee,~ to accept Me dd~Y ~W s~ Inmp sum comidention~ tor lhis le+rse and dl ri~bb. ~ud options beramdet.
' Vnleu soooer te~minated or lonQer keFt in Iace unda otLer proviswns 6ueof, tLi~ kw a6~11 remam iu force for a term o( ten (10) yean tnxo the
c!ate Lereof. herein~fter called "P~f ~«m~ . aad as buY tlrrarfter as operatioa~. as hafaio~ftec dafbd. ooudoct~d ayan said laal vritL ao res~ati~.a Sor
i:~~re than ninaiY l90) consetutive dars.
3. As my~t~r. leasee coven~nb a~ ~rees: To da~liver to tse credit of lessor, in t~s pips line W w6i~ lena~ ma> oaooect lh wellt. tbe e4ua1 one- •
riRhth p~~t ot aU oil pcoduced ~nd nved by lepte fmm said land, or from tiine to time, at tLe opdoo of leoes. W~ar leaor tbe avera~e postevl market pr..-r
f sucL uno-ei~6tL pa~t of sucL oil ~t tLe w~elb u of tLe day it is run tn the qpe line w stnrase hoks, Imoi
s mturst, lo eit6er c~e, to btsr uso-e~y;ht6
t the n~st of tmting oi! to rmdar it marketable pipe lme oil: lbl To pa7r leuur on eas and cuin~be~d eat prod~xxd lrom said land (1/ w6m sold b1 lessee.
.nraphth of tDe wuunt realized br lcasee. oouputed at tbe mout6 of the wdl, or (21 w6ea usedb~. lasee oK +aid land or la t6e maautadure o[ Yasoline ur
, tAer pnrdurts. the mukd ~du0. st ebe moutb oE tLe v~eU. of onrcis6th of such `as and ca~inshe~d Sasj (e) To p~r lessor ou all ot6er ninerals mined ~nd
uurkHCd or ntilized br letsee fmm sald land. o0ateuth either tn idnd Or value at the M'rll or m~nr ~t lesste s eiectiun, escept tlut w~ awp6ur uunr.l anJ m•rrketed
t'.~e ro>-a3ty sh~ll be uue dollu (31.00) per lao= ton. lf. at t6e e~iration of the primnry term or at aar time or tima thae~Eter, tbere is any well oo ~si•i laod or
, u lands reitL w~hicL said land o~ ~ur portioa tLereof has been D~d. capable o[ Pmduc+n6 Ya+ or ~nr otLer mineral oova+ed 6erebr. md ~II suC6 wrells ~m t
~iwt-in. this lease s6all. nevertheless. oontmne ia fmos as t6o~~A operations were be~ns oondncted on sald Iand foc w but o nid wells ~re shut-in. and
th~reafter this lease m~y be mntinued in force as i[ no shat-in Lad occuned. Leaee covmanb ~ad a~rees W use ra~sooable diligmce to produce, utilim, or
~,~uket t6e minenls capable of bein` produced Erom ~aid vrells. but in tbe ezereise of such dili=mce~ leraee shall not be oblipted to imtdl or EumisD f~cilities
, ther tL~n weU t~cilities ~nd ordia~rT leass fadlitjd of Ebw lina. separawr. ~ad lease tank! aad s6all not be re9~~ ~+~e 4bar trouble or to ourket ~
upw terms unacceptable to lessee. Il. at ~nr time or times after tLe e.~iiat?on o( thepnmary term. aU suc6 w~dts are aLnt-in tor a period of niacty con- ~
~r.vti.e daya. ~nd durinQ sucL time tLere are no operatiom oo uid land. tben at or before the e:pistion of ~aid mnetr dar paiod. lesue sl~ll pay o~
c.•ndrr, by cL~ck or dnft of leuee, at ~oyalty, a snm equal to tLe amount of •nnual dday reotal pmvided for in this lease. i.essee sbdl make like wm~ro~s ~
~ trnJers at or befure the e9d of escL auoive~saty of the e ntion said ninetp dar peiiod if upm auch ~nai~erta+7 t6is lease is fxinA cootinued
E~~rce wldy b~ reasm oi the provisiom oE tLi~p~p~p~. ~ such D~)~ent or tender shall be m~de to ffie parties w6o ut th~• tunr of pryn~rut N'WIII
r eatitlcr! tn recei~-e the ~uyaities a1uc6 would 6e paid under tsis Idse if tLe wells wem produciu~. and m~Y ~ deposhed in a depository bank provided Eu~
~rl,~w. \othiae herein shall impair lessee's ri=6t to rde~se as provided in p~ragreph 5 6ereof. ln e?•eat of aui~nmmt of tLis leau in wbole or in part. liabihtr ~
: pa.~nmt 6ereunder shali rst e:clutivcl~ on the tLen owver or owncn oi t6is lease. sevenlly as to acreaps owned bf ~b.
i. Iw~see is herebY s~auted tbe risbt, at ib option, to pool or unitim all or any paR of said land and of tLis Irase as to any or all miurr.Js or Muizu~u iherr-
~:n.ler. with otLer lands. lease or leases. or po~tian or poRioos tLereof. ar mmcral or 6orinoo thereunder. so ~s to establis~ unih con4ininA not more than 80
~ ..::f.ce atrrs plus 10'te acreage toleraace• provided, howevcr. a unit maY ~ atablished or ~n ~ nnit mar be ed++tad w ouu~ain uot more thaa 8iU ~
, r. s~,t~~ 10~< acrraRe toleiance. i( unitized oolp u to Yas or onlr as to Ras and liquid hydrocubons (ooodmsate) which ve not a liquid in the suAsurfYCe ~
j r>enoir. If largu units are requfred, undu anY ~ovemmmtal rule or order, for tLe drillinE or opetation of a wdl at • reeulu bcatioo. or for obtaiainR
€ ~aavmum allowable, from any N•ell to be drilled, drillin~. or a4eadr drilled. ~ny sucL unit may be established or enlarsed. to conform to tLe size required by
E ~..h K...ernmrntaf urder or Tuta Lessee shall eiercise said op~c~n as to euh desimd unit by e:ewhnt an instzummt idmtifying such unit and filinR it lor
,<-c•,rd in t6e puAlic of8ce in shich tLis lcase is recorded. Eac6 of said oplions mar be e~acised br ksue E+um t~e to t1me, aod ~?6et6et before or after
~ i:,.ductlon has hcw~ etablisbed eit6er on s~id Lnd or on the poition of sald land included in the unit or on oth~ 2and unitized therewith ~nd anr su.h unit
f ..y u:cludr rny wel! to f~e dzilled, beu~R drilln! or alrrad?• nNnplrted. A unit esbblisLed 6s~eoader sLall be valld ~nd effedive for dl purpafes of lhls
~~..se r~rn tbough tbere may be laod or mineral, royalty or leuebold interests in laad within t6e unit wLich are mt pooled or mitized. An7 oper~tbns coo-
:ucte~l :~n any part ~i such unitized land sball be ooosidued. for all purposes. ueept the paYm~ ~ ~y ~R~s conduded ~mder thi~ lrase. 'If~err j
~ ,`atl t~e aUocatrd to tLe land oo.~ered br ~s lease included io anr such uait tLat propodwu of t6s totd pwluction a[ aniNzed minerals from wells in tAe
: after dni~x~tmg any used in lease or unit opentiom. whic6 t6e number o( surface actes fn ths Lud Oo+aed b7 Hw M~is Lcluded in l6e ~nit 6eao to lbe ~
• t.,l nvinl.er uf surface acm ~n the aait. 'I1e Qroductiou so aUrx•ated s6aq Ae eonsidered fur ~ll purpoaas. leclndin` the Pqeeo~ a delia'ery of tuY~1b. ~verridinK
~ .aitY. ~d anY other prymrnts out o! pod~, to be the mtire prvduction of unitized miaar}s from t6e po~tioa of said Lnd rnrered haeby rnd includal "x
.n wch unu in the samr manner as thoujth ptoduca! (rom said land under the terms of this Icase. 7'6e owner of tbe reve~s~onarY esLte of ~nr term royaltr
I : minenl cstate aRrecs that tt~e urrual o~ rq~alaa Wrsurut tn this pu ~Rnp6 or of aLat-in myaltie,s from ~ well oo t6e unit slull satisfy any limitatNm nf term
~ .+~ui~g pn~ducti~+n o( ~~il or Ru. The fnrmatiop of cu. h unit sMll n~t 6ave t6e lffect of ehan~n~ the ow~ne+shiP ~~7 ~~Y ~1 oi ~hut-ia P~uction
:alty ahi~h may become payaAle aader this I~se. tieither shall it impnir the ri~ht o[ laate to rdease hom tLh lease a11 or ~nr po~tion oF s~id tand, e:cept
~ :.~t ~rsser ma> nut s~~ rrleue as tn lands within • unit wFule there ar~ operahoa~ tLereon for uni[ized m[nenb unkst ~11 po~~ed kaso are rcleased as to
..:n~is w~~t6in the unit. Irssee may diss~h'e any iutit ntabiiahtd i~errunder f.y (ilin~ tor tecotl 'm t6e public office wrbere t6is lease if ~tcorded a decl~r~tH~n to
•':.t e(feet. if at th~t time nn operdionf ars bdat eooducted thermn for unitvesl minerals. Subjed W the pru.u~~xic u! Uuc ysv.:eraph 4. • unrt onc.-
.-taAtisF.ed hereunder s6a11 remain in furce so 4~nK u any lea~e cubje~t theret~. shall Temain m Iorce_ A anit may be so atablished, mndi[ied or diss~h•ed durinR ~
? ~ Lf~ ~~f this lease.
$ 5 If u{xrations an n~~t u,nduated on uid land un or beforc t6e (irst annicen~ry date hereof, this Ieate s6all temtinate as to bot6 {nrties, unless lessee ~
~ n or t,eforc said d~te ahall, suuject w the (wtLer provisions bereo(. wY tender to lanor or to lassori credit in the First Na~~onal_ ~
~ e.~ .t Ft. Pi r3r~o _ Fl nr3 rla
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~ • ~~t c.,ccrswr~s~,p w~6icL s6a11 cuntinue as t6e deposilury, rc~ardless of cbanQes in owotrship of delay rental, roy~lties, or olhet ~uoneys, th~ sum of
' ~~~?`_'~1~ _ .~.hich shall oper.te as delay ~mtal and cover We pn vilcqe of deferrios oyentiuns Eor one Year Erum uid date. In likr
a r:.anner and upm like p~Ymenls or teaden operationf maY be fuAher delenerl (or like Pe+iods of ms Yeu tac6 darin[ t6e prim~+Y te~m. IF at aaY ume
• ,~r p... or Ir~.fJC75 drl.y ro~ulel, ruyattirs, or ulbrr moneys, ~wu or mure part~n Yre, or clum to t.e, eutillnl to recr~re swmr, Icssee n+ay, in ?iru uf a~y
° t..r•met1~.S nf p.ymrut hrrrm proudeJ, par ur truder auc6 rrnt~l, royalua, or ot6er ~nooeys, in lLe ma~mer hereu~ specd~rd, e~tlxr pa~~ly to suc6 p+rues or ~
~ ,..:r.,a iy tu r.~ti m.,<c~ndwncr wqh lLcit reepecine uw'uerslups tiKrcof. at Idsee ma e1M. Mr payment 6errunJer may be mrde by c6eck .~r drrtt uf Iraur
;~n~t J u~ tbr v~ail ur del~~r~rd lo lrssor or tu a Je~wsrtory 1Hnk un ur tx~lu~e the ~t date Ior paymme. Said ddar tanhl ah~l~ be ~PP'+ti~oabb as tu
~.:•f :~~~d on an acre~Re t,uu, ~nd • faiiure to mab p~oDer p~ymmt or teoder of dday renW u to ~nr po~tion of aaid I~nd or u eo any interast thKein
- i.ail r.~~t ~ftrct Uiis lease u tu anyp~ rtioo of faid land or u to ~ay lateret lhereio as W w'hic6 pmper p~nnent or ttadar is m~. Any p~ymeat or tende~
' .i.i~ b u~nade in an anempt tn makt ymDtr p~ymmt. but ~rAicL b emineoua in v~l~de or in pirt ~s to {urties. amounb. or depauiWry. fhall os~'erthek~as b.-
~ ,~,:fxirnt v. yrevmt tmn4,atioo d tFus kase ~nd w e:tmd tLs time wil~ln w6ics opsntlws mar t~e ooodocted 1n t6s ums mamer u tbou¢A• pmpn
~.a)'rr.eLt ha~1 I,rea made: Vrr~a~~ded. 6nv~srer. {esste aball oonect auh error within t6irty (901 d~ri a~ter learet 6a~ received wTitten mt?ce tF~rre+~t fmn~
.sv,r. I.casee aur at anY time aud from tlme to t4ns esecute and ddivn tu Ieswr or [Ue (or roaord ~ relea~~ or releuei o! tbi~ laue u W~nr pul or ~11
~ f i.,d bnd or r,( anY m'u~er~l nr b,rir.,o tbaeunder. and therelry Ae relieved of all obliaatioo~ n w t6s releasaf ~cre~~s or iata~pt. 1( tLis lease is so re-
a+ tu all mtnerals and horiv,n~ uader • purtlan of faid land. t6e ddar reot~l ~nd olLer payma~b cum~uted in acavrdaoce therewith shall 16ern~p~o be
~ ~~.5~,~ rd in the yr.,p~xtwn Nat the ~creass +eleued tkan tn IM ~creats w~bich wo an•erd ~ thb le~se immediately prior to sucA rs{eax.
11 at .ny Uu.e ~.r wr.n dunnR tbe prunarp term o~eratkx~s ~ro oundueteJ oo aaid laod and if all operatiom ~rs dix'ootinueal. tbis least sFwU lherevfter
i~.~uatr .n it~ an:uvmuy date nrrt lulk~winj lhs nfneNN6 dar ~fta sueb dluontinwn~ro unlen oo .~r he(on such aooiwrury data lassec r~lher ~ 1) a.w.lucts
~ ~.crrt.-:r.+ .~r 121 .+xni~.eoce~ or resume tbe paymmt ur taodm d delar rent~l: Dnwided. however. 1( ~uch ~naivenary cl~1~ is ~t tss wd ut lhe{x ~ma+Y te~+~.
r e~ there u nu furt?,n ~~~aivnsan d~te uf tbe ynmary bem tAi~ {e~se ~ball lermiwb ~t tM eod uf such tsrm or ~ tM ufnedetA day ~It~r Siu-..ntinuam~
f ait 4jrlfJSLiOf. wb~.i.e.er b IFx later d~te. unkw im tuch lata .late rither (1? lssee b conduMint ~Nas~~~~ ~r 141 16s isut•ia wrell pwvisium o( Par~-
:r.pl. 9•,r ~Ir ~r..nuu.ua ~rar.rr~ph 11 ue ~pplkald.+. W6roever ~uoJ In tlJs lara~ t6e ~urd "upent4,ai' ~Irl) me~n opentiwv (ur ~nd ~ny u( the td-
. w~r,x. dnlLQt. [qt1AK. ~~npldlq=, trwurkiut. ?ea.myletlnt. deepemnf. D~uR~n back or mpalrfn= of • w~~ll In stirc6 Ior or la au endc~~vr 1~. ~~Lt~u~ {wu-
~1~., two ~A ul. =u. ~ulyF.w or ..Ibrr m?nm~b. eacar~tfa~ • mine. pnhluH4.n o( ol~. W. iul~rlwr m otber miuerd, w6elAer or qut m{uyin~ qwuUtie~c.
^ I..,:.r ~Lali h... tL~ .v. f~.. h~nn rn~.lly, .d watrr. ~.1h.r than Itum Isso~'~ w~ter w~W. tod o~ oll ~nd u produoed (tom ~tid I~sd ia ~U opwali.~m
i..n.,•.:r~ I.r~u~ :}...H 6n« i1.. nrhf al any tnnr tn rnnn.r rll iuarld~iery md hatwca plrmi nn uMl I~nd. ma•Iu~mR thr rt~eht~~ 1~. d~nw~ inJ ~ehuu~r caswR. Nu
.~L .l.aH r,~ dnllrrl na~rer tl.an 200 (ert 4~ IM b~uN ur I.~rn u•~w no ~dJ I~o.l witlr.ul tbs nio~d u/ th~ IwM.t. l.NSN ~haU p~r fw d~m~~N a~~uswl ~.Y Ib
•.yer~lr.m W [piw1A( ~n.p •wl tlrnl.e~ ~in ~dd I~ad.
°R195 1 -~3"
600K PACf OU~ ~
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