HomeMy WebLinkAbout0486 . , ; ~ 231.119 ~ ~
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r~ee~.it.D9t0f ~R~ri.id 1-28-it~ WitA Poolin~ Peo~bb~.
OII., GAS AND MINERAL LEASE
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~ee ..omt d.w mmq v.swe~ e.reand~r. we ~.aas wtem awute.e ae.u w h..ua u eomads+ns.- _..._...~11r!-._---_....__.._._..--.----~...er«. ~e~es~r eaan w~.n ?
or Mr. ~ni tn tee e~nt d• O~~w aa~i~o~ or ~ure~oA~r Oereao0er. tM ~1RMd at wur~edend D~lan ar 0~100~ ~11 Or OM~M M ooeWS tW u~Mr d~~
pat+A la we6 ~rf~newt ar w~ma0er.
SuDjeet W tM MLer Dro~iow hereia cont~iaed. thi~ k~e ~Sail be tor a term ot ten 1Kn (rom tbi~ d~te (e?lled 'bti~wa+~ ter~') and a~ lon~
tderafter u oii. tas or otber minenl i~ Drodueed from kid laad or !u?d~ ~itA whkh uid land is pooled he*eunder.
i. 7'se to~alties tn ee paid bs ~K aK= 1~1 oa oil. one-eithtA of tlat D~~~ and ~a~ed tmm uid laad, tAe ~ame to be ddiYercd at the wells or
fo t~t eredit ot Lawr ieto tse D~D~ ~~pe to ~hicA the ~elY ma> Ee eonaected: Le~see ma~ (rom time to time DnreAase aa7 ro7~V oit in ib pcaseasion.
wrinr ebe nurket Drite t6eretor pre~ailio~ Lor tAe field ~here Drodueed oe tRe date ot Dvreba~~. ie eitl~cr case ~ueA ieurast w brar ite proportiua ot any
eipense ot treauss anuure3unuple oil W nnder it merehan4ble o erude: ~E) on ir.eludint enin~he~d ¢u w otAer tueous ~uEst~ace. Drc+dueed
[ron~ ~aid land aad ~o1d ~ vsed ott the premaes or in t6e manui~etute ot s~+oline or otlxr product tAerelrom, the mark~t wlue ~t tAe ~dl ot
oneti~AtL ot the s~ p b1d or u~ed. Dro~ided dut os tu wld ~t tRe M~elb tAe myalty ss~ll Ae ooe-eisst6 ot tAe amouat realiud tr«n ~ueA sale:
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.rAere !rom a eu wdl i~ not w1d or we4 Lcs~ee m~1 W1 ~ ro7alts i100.00 per well per Y~=r and it ~neh Ws~uent i~ made it sill be eowidered tAat
~'s beiet Droduecd witsi~ LAe meanins ot ParasraDh 2 hereof ;~ad (e? on all otAer minerals miaed aad markekd, one-t. ot~ eithn in kind or v~loe ~
at t6e well or mir.e. ~t I.es~ee's deetioe. e:eept tlut os suloAur miecd aad ae~rkcted, the ro7alt7 ~hall Ee fitb cenb 1~1 per bnt Wa~ I.asee shall Sa~e ~
ee me ot oil, su. ~nd water iroe~ s~id land. ueePt ~aur (rwo Iwwor
• welb, lor aU opentiow Aereuadv. wd t4e ro~altT o~ oil, su ~ad
ewl ~4a11 be emputed alter deduetiu~ ~a~ v~ ~red Lcs~or ~dall sare the pririle~e ~t his wk and e:pede ot usinc t~ ae~ ~as vrell on ~aid
land [or ~torn and io~ide Ii~A4 in tLe D*~neip~l dwellint thtreoe out ol aN surplus eot eeeded tor oper~tioo~ Gereander. .
~ I,easce. at ib optioa. i~ 6exb~ tir~e tbe ri[ht ~nd porer W yool or comsine t6e ~erea=e eo~aed p7 ~1+d lease or an~ DOiLqA tlcr..o[ ~itA other
tand, leoe or lea~e~ is tAe immediate •icinit~ thereo(, wben in Le~see's iud~meot it i~ nc~arf or ~dvnable W do w in order D~~~1s ~ drvelop ~nd op-
~ er~te ~aid Dnmiws ia eospli~net Rit6 aol I~fIYI ~paeias rnles whic6 m~s ~ p~ribed tor ~'x [ield in whie6 tAu In~e is situated Di an~ dnb authoriud
~othorit7. or wAea to do w~ou1d. fn t6e l~dt~at ot Le~s~t. promote tbe eoo~enatioo ot tAe oil ~nd s~s in ¦od undet •ad lAat ma~ re prodcecd Iroa~
~aid oraei~es. I.ewee ~haU lIKY~t ia Rritio~ an IMLfY10tAl ~AlOL~~yIOt •ed deseri4ins •'k D~~~ ~~n+te. TM entin •ece~se w pooled ieto a tr~et or usit
{ s6a11 ee tn+ated. [or ~Il DurQose e:eeyt t6e pa1~t oI rol~ltia os D*~~t~+ f~ ~ D~lcd uni~ u it it wen iaeludeA in twis le~r. If pro~luetioa i~ toued
€ on tLe pooled ~ererse. it ~lull Ae tnaud as it v*oduetioa i~ had from this lease. wAether thc vrcll or ~re14 be loeated on the prensiscs eovered E7 Wi~ t~ue or
~ not. Is lieu ot tAe w>alties ei~ewhere here:!+ specitied. I.eswr s6a11 receive on pMdL•CIqA lrom a unit w pooled only ~ues portioo ot t6e roy~!tIr ~tipuitted
~ ~en{~ v tAe ~mq~~t ot A4 ~ere~ie pl~eed in the unit or Si~ ro~alb interst t~ercin oe ~n acrease ~ui Dayn W tAe total aeresje w pooled in t6e particul~r
unit i~wlved.
ope~tiod (a drljJlns are not earnmenced oe yid land or oa urea=e pookd tAere~iiA u~bo~e D~~~ ~ or before one xe~r trom Wi~ date
~ th~ ka~e ~6~11 t6es termleate ~ to DotA Dareies. ualw oa or before ~ues aneiversar~ date I.ea~ee ~hall D+s or under-w I.~swr_or W tAe eredit of I,aNOr
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~ ~wSieA E~nk aed it~ ~ueedwn ~re I.awr'~ ~sent and ~ball ooatfaut ~ tLe deyo~ita~ tor 11 ren41~ p~»Dle heravnder rc=ardler o[ eEaa~e~ ie o~neisLiD
t L' ~ ~ a•--7 rn~-te. ~ nr.~ nnj^._---~-'-- -
~ of ~aW la~d or t~e rentaL) tie ~am OI___-_c~__X '1 " . , - ' Do1Ln r
~t.n n~
~ (?ete~n u?kd rental), wAieh ~sall eo+er t~e pri~ilefe ot def~rrin~ eommeneemcnt ot drillint operaliom for a period ot
t~el~e 112) moeth~_ Is likt maaner aad npon like p~rmeob or tenden annuall~ tke oommeneenunt ot drillins opentions a~a~ be turtAer deferred for ~ue-
~ eea~i•e period~ ot tw~ve (I2) aoootlr eaeA duria~ t6e Drimar~ term. 7'Ae pas~p~ or tmdcr ot RALaI ena~ be made br the eheek or dr~ft of Le~ee auikd
or delirered to I.euor or to ~aid Eaok oa or betore wcA date oI pa7~nt_ It ~ueh b~Ak (or aet suceesfor saakl ~lu~uld t~il, liqvidafe or be ~uceeeded !y ~w-
~ olAer eant, or tor ~n7 rea~oo lail or nfuse W~eeept nntal. I.ea~e~e ~ba0 aot be 6dd in defanlt fo~ failure W aukc ~ucA D~smeet or teeder of ren41 aatll
~ tAirt7 (=01 d~s~ ~[fer I.etror ~l~all delirer W I.eree ~ proper reoordaek iwtrumcn~ namins •adher Daak u a~eot tn n~c.~i~e ~ueb W~menv or ttaden. 11e
do~a wl panmeat i~ consideratbe [or tDis I~x ateordint W i4 ternr aad sLall oo! be •Ilocate4 u mere rental Lor t yeriod. I.ewet m~l at u1 tiwe
~ or tims e:eeute and deli~er fo I.ssor or to t6e d~pository ~Do~t n~mtd or Dl~ee ot rccord a roleafe or r~ lea~cs eoverint ass Dortio~ or portiow o[ tAe ~bo~e d~-
~ Kribsd yremi~es ~ud tbereDr ~arrtoder t6ia le~~e ~ W~uc6 portioa or yortion and Ae rclie~ed o! ¦I! o~ligatiom u tn the aenaje ~urrendered, ud tiere-
efter tse rentak wraWe lereunder ~Aall Ee redoeed iw lA! DTODO(tW0 t6at the xrease covercd hereby u eedueed Sy ~aid relca~e or rtkw~.
R If P~r fo di~eo~erf oi oil, tu or otAer ~ieer~! on uW laad or on ~e~a~e pooled tLerewith I.nsee alwuld drill a drl~ 6de or bole~ thereoa, ot it
yc atter dbeo~er~ ot oi4 ~at or M~e~ miner~l. lbe production tMrcof ~bould eeue fmin anl cawe. tAb leu. slu~ll not trrminate il Iw.ssee commeaces ~dditbeal V
- drilliss or eeworkins oper~tiow within i0 da7~ tLerewttcr or it it be witsin the primar~ ietm, tommences or resume the pa~ment or ten~er o[ rentab or eoa- \ J
ro
~eeaes op~ntioa~ (or driUin~ or re~orkin~ ow or beforc the ren41 p~~in~ date ne:t lO1YtAt ~ILli the eiv~ratioe of 60 dar (rorm date o[ easplMfon et ~r~
- I+ole or teMalioe oL Droduetiou. If ~t se~ tf~e ~sE~eonent to ~i:ts IWl d~s~ Vrior to t6c le~innint of tbe Wt rear of tAe prieury te?m ~ed Prior W the afs-
eo~er~ st oU. ~ or otatr s(aen! as wld IaaA. or on aernse pooled theeewith, I.eMee ~AouW dril! a dr~ bole therean. oo rrntsl p~rae~t or opentiows ~re
h eeeewr~ in order W kteP tse le~ae is fotct duriat tAe reraainder ot tbe prioul term. If ~t tbe e:pir~tion of the priiwary tere, oil, tas oi otAe~ m(a-
~ m~ y~ p~~u~ prod~eed o~ qW ~aud, ar q~ ~crea~e yooled tLerewitA. but I.ea~ee i~ then tapted in drillieK or reworkiet operatiow t6erron or ~6a11 tuot
oasDleud • dn lole t6rriow wfthi~ sinf~ l~t daf~ Drior Lo the ewd oI tae D~m+r7 k*ub tAe leax ~6a11 remafe is ioree w bes u uper~taos ar_ v~K~-
a~ ed wiW ~o e~atjoa ot eore t~aa ~iib 1~1 oeoKeuti•e da». ~nd if t6t~ resolt ip tAe prodaetlon u! 0!1. ~ or otAcr miweral. w lon~ thereatter u oi4 s+~
or othtr tiweral i~ produced ltoo ~aW La1 or ~crea=e pooled t6etewit6, ln the efent a~ell or wdh P~d~iss dl or ~ ia pyia~ pa~ntities NqaH ?t
c~ 4rou~?L iw on ~~ee~t L~d a~d ~rit6ia oae bandred Iitt~ (li9) (ert o[ sad draiahs ~~d Dn+~~s. a kreate pookd tAere~~t6. I.ew~e sC?aa M~
r dri~ o[lset welb n• rta~ow01~ prode~t opentor ~oald dn71 nader t6e Mse or ~imilar eircosrtaoe~s. ~
~ . I.er~ce ~hall 4n tbe risbt at w tiae dnrin~ or ~fter tM ~piratfo~ ol thL leue to remo~e ~I! prooert~ ~ed [i~tores plae.d b~ Le~see ow NH
~ lu iaeludi~ tbe rijDt to dr~~ aod re+ro~e all a~iu~. R1e~ nvoircd M I.w~or. 1.s~e will Aar~ all pipe li'a beb~ ordiean low depth. ~wd so ~ep
~Yall De Arilkd ~ithls t~o ha~dnd tert of us ra~Ne~ee or b~rw swr o~ w~d 4ad wiUwot Lei~~ ooes~at I.e~ee ~Yal~ be respon~fll~ [or dl
3: Lsu~~ e~vad !s I.eree'~ uY~*~tb~r 6erensder otler tA~n ~as~sas ~~esa?lb aa~ed M t6e ~cereiK o( tbe rishb 6eecie ~ranted.
s.i'- 7'4 ri~Ay a( eitder pary 6ereandcr mar 6e wiped 1~ wble or t~ Osrt. a~d tLe orosisioro hereot ~hall eafesd to eMir Sein. ~oeeeMOn ~ ~
~ u~ipr: 6at eo ehan~e or diri~io~ i~ o~eership ot tLe ~aad. re~f~L or rosaltis. bo~~er ~eeom~lu~ed ~AaU ov~?~te b ealarse tAe o6lisatiow or dLai~i~~
~e
r: t!r ris~b ot I.awe- uA so ehn~e or dh"sioa is weA o+~mSio ~l~11 ~e ?inaiss o~ Iwrsee uati thi?t~ li0) das~ ~[ter I.c~~ee ~hdl Aa~e peen (urnuhel lY
' retf~tered U. E. eaU at Le~'~ Prinelpal Vlue ot lu~iaw witi a eMitid oovf o[ raoe3ad iaswsrat or iastrasnb eridencins In llw e~ewt ot ~
~ ~ .
wissMt IKreof i~ wl~oi~ or {s p~r~ liAilit~ for lr~ack et ~e7 ~11~~ k~~~ ~1 rss ezcla~i~ds oyoa tlr owser d tAi~ le~se or ot a oortfo~ tAe»-
~ of ~b eosafb suei ~raci t~ t?e weat of tae de~t1 ot s~7 ~ e~tltkd ts rrwtaL ~erw~der. I.eree w7 W7 or tender sneD reataM to tAe a~Nk d~ i
y~ Mew~i or t?e aitate ot tl~e ~ea+~e~ raW wel tiae r I.aree 1~ tani~le~ ~itr qop~r e~id~aee ot tLe aOpoietaeet ~sd paalitieatiow ot ~w e:ee9~oe x~
M~I~i~trstor N t6e weale. or tt tiere Ye ~o~q tie~ a~W I.w~e~ b ldsbMd ~.iti e?i~e~er Mtif~eters to it u to the ~ein or krisee~ o( tAe deoer~l. ss~
~ Uut dl M~b ot tie ~tate V~e we~ MM- II d w tf~e twe or ~sre~e~so~ ~e eatklad to o~~lwte in t~e reaW D~s~Ms \er~under. I.wee ~a~ W w
fsMr MM re~td i~~17 ts ~oe\ oenoos ar fo tAeir f~t en~it is tie Mv~itors ~a~eA Aereia t w. ~t iwrae'~ eteeti~oe. tLe i~~rtioaat~ v~rt of MiA naW
m~~k! wcl N~~~t Y ewtitk~ w M NM et twier~i ee ?i~ ~e0~rateb or b hb ~ep~nte er~dit fe wiA ~evaitor~ :~~d wl~wt or tnAer to ~~f ,ae
~ Mstiei~st af ~L P~~ of tae re~t~b ?ere~~Mr d~ll ~ahtah tab lere as fo ~~e? N+tklP~eR Ie ereat of wi~e~t of tAi~ leoe y w~~e!?~t~tM 1a- O s
t{o~ d nN I~sI. tM re~tab ws~lle Y~ea~Mr Nall M aoDOrtl~sYM r Mt~aea t~e ~e.en1 Iwe6oN o~~en nWy Keordi~s W the n,rfaee ~res atR ~p
~ ~ NtMlt la rstal Mf~t b oee ~11 wt ~tt~et tse rla~d ~t ofl~er ler~dol~ ow~en Aerw~der. Il or artie~ ?ecw~e ewtit7e~A to ronW Mw
aFi p~r. I.~~e rs ~It~~oM ~se~t tMreo( a~lw ~~~tY I~v~YW ~iN • s~eotd~Lle i~riruse~t e:anted b a0 we~ Mrt~ drite~ti~ ~w as~~t r r~
e~M M~Nt f~ ~tl.
~ Miss. 39211
~his Instrumer.t preparec'. by %chard C. Bradley 40b RollingWOOd Drive JaC%
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