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HomeMy WebLinkAbout0564 ~ pG~U~~E~'a ~ARY = r l " m ' SURTAX~ ` ~ o= o FLOR 1 A 1 t o; L U 1-2 I U A. 4, 5 I L~? Srn~P sAx CO ~ - O I. I O- U~ DOCUNE`1Tl~a:,..: ~~S oE.r. da~~3•n ~ = ~ Z _ -f~~ y .v rn o • t[ ~ ~ P~ 0 ~ J ~ _ J11L1I'72 ~ O = . O _ r - - . . . . {A V DE~i.OF CEYik4[ 'ti~`~~~~. . .p~,wc~~x ~ . s~r ce. .Yr.u.. a~ au..wms tse .soant d.ns sooes w~t Ler.aader. tDe U.a. h~reln d~crtEeA .aall 4~ 4e.ud Y eosnrWus_._'_'..'___"].~3.?_~? . .u... .Mt~ tM.. M..... or MM. ~si fs tM ~wot d• Wrtla1 ~pli~~a~ or ~trrtdv etreund~r. tM W~eA x wurmAerW Va~1as at V~~ ~U M d~A N eos~al~ tL~ a~aMr M~ctM W~bd Is tut6 aW~n~mt Or we~tWNr. Snbieet W tAe Wber Dro~ioo~ `ereia coetained. tDi~ le~ae ~ball 6e tor a term o[ tm yean Iros t63~ d~te (ealld 'b~lmarv tecm") ~nd ~ lont tbere~tter as oil, tas or other minenl i~ produeed iran ~aid land or laad~ witA whjeA uid I~nd b yooled hereander. i. TAe rm~~itie~ to be paid D1 1.essee are: U) oa oU. oneti~htb ot ttat produeed aad w~ed troa~ ~aia i~nd, tie ~ame to De dclirercA at the welb oe to t6c eredit of I.aror iato t~e Dipe Un~ W~6ic6 the wdY mar be eonneeted: I.e~xe mss trom time to time Dorcl~sc W rorilb oil in ib pc~ses~iow. papiat tDe market priee tberefor D~~V[ ta* tie tield ~here peodueed Op tR~ date o[ purehase. i~ eft6cr eue ~oe~ iotcrest to bcar ita pTTO~10i[qq of aor e:pense ot lreatias uno~erehantable oil fo render it mere~aataEle u crude: lbl ~ t~. ir.cludias wiatbead c~ ~~t c~~~ ~ubstaoee. D~n~ [raa ~aid 4ad and wid or ased ott the premiws or is t6e manutaeture d ~~soline or otlxr prodnet eheretro~. tAe market valne ~t the ~ell ot oncei~Ath ot tbe sa~ w wld or ~acd. o+o~lded t~at oa [a~ w1d at the weU~ tAe m>a1R1 shall be onreitAth o( tbe aooaat realiud lrws ~ueh wlc: where s~ [rom a~u ~ell i~ not wW or wed. Lnsee ma7 W7 as royallr f100.00 per well per r~ and i[ ~ueb paysent i~ maAe it sill be eonsidered tlyt ~u i~ bein~ pmduead ~itsie tbe meanfns ot P~rasrap~ ! hereot: aad (el ou all otAer mioenb mined aad marteted. oa~-t.et~ eit6er ie tind or ~aloe ~t the wcll or miee, at Le~ed~ deetioo. eseeVt tfat oe ~ulDSur mieed asd marketcd, Ux ro~~1V s6a11 be tifl~ cenb ~60e) per bns ton_ Ls~ee ahall h~~e ~ tree me o[ oi4 t~. a~ lrom ssid Isad unOt water fraa I.s~or s welb. tor aU operatioas Aenondcr. and tie eo~altr oa ol. ~ aii j cod ~Aall De co~DUted atter dedoeHnt aV w uud Lcssor ~Lall 6aoe tM DtivilK~ at his ri~k and ~D~e~e ot nsfoc s~ fw~ aes t~ wdl on uid f land for ~tores •ad itiide Ii~Ats in ts. prineiwl d+ellins ihereon ont ot ~n1 wrplus aot seeded tor operatiorr 6crcr~nder. ~ I,nscc. ~t ib optio~. i~ 6ereb7 si~ea tLe risht ud power fo yool or eombiae tse aerea~e oo~erad bs ~e ~K a a~ portion tlcr.~ot wilh otAer . ~ land, le~e or lease~ in tDe immed"ute ~iejeitr tieeeof. vhea in I.euee's indtment it i~ neeeasarf or ~dvi~ask to do w in order propcrl~ to drrelop ~nA op- er~te ~aid Dremiw i~ eompli~nee with ~~1 la~rhl ~p~eist ruta wAk6 ma7 be Y~+~ [or the tield in ~Aie? thia ln~e is aitoated es ~7 dnb autlwriud ~othorib, or whea to do ~o would, ia tbe jads~t of I.e~ee. Dmenote t6e eoncryatioa ol the oil and ~u ie asd ander and thd eu> be prodcced iram a~id prmires. Ls~et ~6~11 e:eeute in ~rritin= an iasWmeat Wenti[ria[ ~ad dseriDin! ~ V~~~'d uKase. The eut~re ~ernse so ooded icfo a trret or uwit s6a11 be treaud. [or ~If purQo~s e~eept t6e pa~ment ot rotaltie~ oo yroduetioe trom the pooled unit, u if it ~rere iael~de~t ia t'nis leur. I! D~~~s is [oued os tAe pooied ~ere~je. it ~hall De treated ~t it D~~tioa i had /rom t44 lta~e. wAether tLe r?ell or wdY be loeated on the premi~es oosered b7 ~a lease oe ewt In litu o[ t6e rolv~ ehewAere 6ett:n ~pecUied. Le+wr shall i!lIYY! O~ D~4lUOA from a uait w pooled ool~ ~veh portioa ot t6e roy~ltr ~t~palated Lerein u the ~mouat o! Ab aertaie ?Iseed ia t6e unit oe hir noYa1V intcrst therein on an aerea~e Eiui~ Ee~n to ehe total aere~e io pooled ie tAe particular unit inwhcd. i. It operatiod tot driUias ~re ed eoewmexed on ~aid laad or on aen~se pookd lherewitA u~Dore v~~1id ouu or betore one year fnnm thi~ date t6e leaae ~hall then termin~te ~ W Doti vuties. ualm oe ot Detore sneA aanivers~rs date I.dee ~Aall ya1 or tender to Lca~or or tn tbe eredit ol I.e~wr 4 io __~1Q_~aZl.-~Q~Z_~f.~'3~8_~__--------------------------------Bant Y~~Q _A~h-~2 Fbrid~ (w6ieh baak and !b sneewon ue I.wor'~ asnt and ~all eoatiaae d t!~ d~itor~ for dl nntabj a~able 6~reunder resardle~ ot e~ao~ ta o~oen6iP ~r ..ja ~..a ~ ea~ ~w.~ ~ oc---~t~Y~A_~~r~_~ir~y_-3ey_en arxi_-~/ -i~`--~~~~---------------------- ~ (=_~,~i~.~ ) (herein ealla~i reo411, whieh shall eo~er the D~~ile`e ot detcrrins eommeeeemeat ot drillint operatioei tor a period oi twd~e (12) nwnthr. Ia liks manner aa~ uyon like paymeat~ or tenden anaoall~ the oommmeemeet ot drillini cperatiun~ onr ie further deferred lor we- ce~in period~ of tw~~e (1!) ~nonth~ e~eA dnri~ the Dt~m+~7 u~ ~ W7~pt or teadcr ot rentsl aur be made by the eMet or dratt o[ La~ee mailed o~ deli~ered to Leswr or to ~aid D~ak oa or betore ~acL date ot pa~mcn~ It ~oe6 ba6k lor aaT sneeessor bantl ~Anild fail. liquidate or be ~oeeaeded Dp ~a- ot6er baek, or for ~n7 i~~a t~l or reluk W~eeeDt reeW. Lwee ~ba11 sot be held iw de(ault for lailure to auke ~aeA p~~ment ot lewder of renW o~tll thirts (i0) da„ atter L~+wr ~Aall dcUrer W I.wce a v~~ ~~ek imtruoent, namin= another baok as a~mt to rceri~e ~ueY pa~~eab or teadees. 11e do~n w! pafoent b eonsideratbn tor Wn lea~e ae~wdis~ to ib tccnr ~ad a6a11 ao! Ee alioeate~d o mere rmtal [oc ap ooeriod. - Lessa~ aw at u7 Liae ~er'Ded Yremiw awd ~~tberebf ~urr~sder t b{e~k ~ to sueb Do*tbs or D~tion and 4~e relie~ ~ all oOli~a b r tn~Rw ~~N ~t ~uer~e~- after the rentaM W~~We Lereunder ~Aall Ae redreed i~ tAe D*'oPortioa t6at tbe aerett~ eo.errd ber~b7 b ~edueed b~aid celewe or releases. t I[ prior to di~eover~ ot oii. e~s or ot6er mi~eral os uW lasd or on auea=e pooled t6erewit6 I.easee danld ~rill a drf bole ot bob tbereoa,_ ar it ~tter df~eo+er~ ot oi4 sss or o1Le* wincral. t6e iroduetioe tlx~eo( ~1wn1d eeue from anr uwe. tbi~ leue ~hRtl aot trrvin~te it I.easae eomsrcuce aeaitlon~l drflliat or reworkin~ ayentfoa~ withis f0 dars tiese~ft~t or Il Et be witbia the prien~r~ term. eommeoees or nsumc~ ebe w7~t or tenAer ot tratab or eom- ~ meaes ~cntion~ (or drillins or reworkias oa or Oefore tbe reoW W7iet ~+k next ewuiut atter tke e:piratioa o! 60 da1~ tras date ot eomPktfo~ ef arf hole or cewtioe o! produelioa. If at ans time nbevnmt to ~t:b d~1~ D?b~ fo t6e beiinnla~ o! t6e lut 7ear d tlK Prim~q teroa aed yrior to tAe Afh a oo~er~ o[ oU. su or otber minenl on ~aid l~nd. or on ~crease pooled tbeee~itA. I.es~ee s6ou{d driU a dn 601e tAereoo. no rental Da7meat or ooentioa~ ue ~ necewq in order to keep tLe lea~e io toree dYriat the remaiader ot tbe priw~arf I[ at tbe apintioa of tle Rriaur~ tenn. oil. `u or otArr mi~- ~ eral i~ ooR Deint prodneed oa ~aid laad. oe ow ~ere~t~ D~1ed t6ere~itb. bnt I.essee i~ tbee eosu~d ia drGlint or rero~kin[ ~~tioti thereen or sAaD lurs ~ eomDleted a dq bole tbeeeoa wttLia s[=tf h1~ Drior W tDe ead ot tbe D~~~s t~rm. tse inse ~Aall remaln ia lom w loes o opentioo~ ~n Pro~etty ed witb no c~atbe of mon tian ~1=b IfC) eoouenti~e da7~. ~nd i[ t~ resalt ip t~ prodnetion ut o!1. ~ or otier mtner~l. ~o ba~ there~tter u oil. N or otlxr a~iaera! is otoduted traa ~afd l~ai or ~etea[~ Dooled tMre~?itb. In t6e rvent a~dl or wells prodseini d! or t~ D~7~t vw~titiei sYonW b* broos?t ia oe ~di~eeat land a~ wkU~ on~ 1~adred litb (IN~ feet ot aaA dniains ~ 1e~+ad D*anisa, ot aere~e yoold t~re~itb, Les~ee aCeae~ te drill roe6 offset weU~ u a re~~oaabb D~et ~+stor woald dril aedet tbe tame or ~imilar etrcumstaaeas. 7. I.epee ~ll Aare tLe tl[6t ~t ta7 tise dneint or s(ter tae aDiratba of thi leue W remooe all ye+ov~Kf ~ad R:tnres plaer7 b~ Le~see w s~N la~d. inelodias We risbt to dn~ ~oa rauo~?e atl ea~ins. Wles ='evo~*~d h Iwrw~. I.ea~ee will Eurf aU D~ lises beb~ ordioar7 law deDV+. and ao ~d1 rauo? ~ pi ~yoo~ible for ~ll ~Aall De drUkd witY/a t~e 6osdrea (!M) teet d ass esideoee oe Oars eo~ oa wW laed ~itbovt Lwa'~ eowe~t I.ca~ee ~ d~e~sd ewe~ M La~ee'~ oper~tior 6enu~der otber tban Aama[d aeewarils e~wd M the acerei~e o/ t~e ri~bb 6erein s~snted. R T6e ri~ets ot eitber Darb bereoader w7 ?e f~ w6ole ar Y D~rt. ~sd tl~e Drooiabro tiereo[ ~LII estead b thelr 6ein. ~neearon as~ wi~w • 4ot ao eAanse or dhiioa i~ ow~e+sAio ot tDe 1ae4 re~taL or rosaltw. bowe~ra ~eeoeopli~hea. ~Sall ooerste W ealarse the oElis~tioas or Aisfeia? w. ~na ot i.~..~• .aa .o ~e.er~ or ai.i.b. weA oveeesWV ~all De Din~ias ow LeMee aadl thirt7 130) d~s~ after I.wee ~Mall lu~e peen fnrni~Aed bf resirtRred U. 8. ~eail at Le~see'~ Vrineiv~~ Pl~ce o! bvsiss wifi a urtitiad eovs o[ r~eeoeEed imtrvmeot or i~rtrn~ewls e~id~oeins ~ama In the e?est e! Win~t hereot b~bole or is v~rt Ihbilits for bce~eL ot ~s1 oON~atioa ~ereYader ~LaU rst exelasivds ~D~ tLs eweer o[ tai~ lesse or of ~ v~pu t6ere. ol vLo eomslb soeh 6raeh. Ie t6e ~?cat o! tfe 8est~ o! w perso~ mtitled te rentals hee'eunder. 1.~e~ ~a7 D~s o~ tender sae6 rentaL to tbe eredk o~ th~ dea~d os tLe ~bet o! the deee~d unti! wel tt~e d I.s~ee b farnlrbed .wit8 v?uP~ svideaee of ebe aypoist~ent ~s~ A~lificatio~ of se e:aeoioro~ ~dslaMtntor ot tAe e~tatt. oe i! t6ere M eaK. tie~ aaUl Leasee 1r torai~led witi erideuee ~sti~faeto*s W k~t to tie 6rin or de.iser+ of e~e dee~ei. ss~ tiat all i~bts of tie utate Sa~~ Lw M~ If at w tlm~ two or soe~epe»o er be eatltl:d to i~;pste h t6e renW W7~L Lrreunaer. I.a~se maf D~s ~e t~adv ~aW re~tal i~t17 ~o sne6 v~ or ~o tYeir i~t eraait ia t6e devaf0orl ~amed 6ereie: or. ~t I.wec'~ eleetba. tAe v~*~nate wrt ot ~aW reaW er Oo ~DW e~eh D~~b~nt b e'tlWd w b~ D~ ae~ tRSBerad to i~ seoarateb or fo Sb ~eyar~te endit ia wW devaitorr: w~d ws~wt or tewaer to w tp oartielpa~t ~ li~ Dortfoa ot tLe teatab ?ena~da sLa1! etaintah t,Y ler~ as 10 ~aeti D~iyaet Is e~mt of udsu~ent ot t6ir leue ~ W a~etns~td yor• tlo~ o~ qN L~d. tM re'hL y~T~lk Mreunder ~Il De ~yPOrti~t~M r Det~eea tie ~as1 Ie~Aoli ow~en nt+Ws ~ie~ to the •orf~ee am ot ~ae~r ad detwlt Is resL! w~t N ase s?a11 ~ot a[tret t1e *1sht~ e! o~lwr k~eioi+ owaas Aereaoder. It or eore v~ie~ beeoae eotitleJ W tosa~b Me~ aa3er. I.~~e ~ wltlLdd v~1~t tiea+st ~o1w ~si wtil irrd~Mi ~ki ~ t+ao~d~bM t~rtr~uwsat ~entad b~11 soeY v~~ da~is~ati~s sw as~~t M rr eeih l~s~t fat ~p. v ~ ~c~ 'S~ 7 / 3.3 ~ ~ _ ~ ~ s~ ~1,, ' ~ . ~ ; : q - _ ~ ~ t