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HomeMy WebLinkAbout0407 : r.' _ 254451, ~ ' POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That, TEXACO Inc., a corporation organized and existing under the laws of the State of Delaware (formerly named The Texas Company~, acting herein by and through H. 0. WOODRUFF, its duly authorized Vice-President, has and ~ does hereby appoint B. D. McGrath, of Orleans Parish, State of Louisiana, its true and lawful A~torney-in-Fact with power and authority for and ; , on behalf and in the name of Texaco Inc. to contract for and~to pur- ; ; chase lands, and oil, gas, sulphur, or other mineral fees, and oil, ~ gas, sulphur or other mineral royalty interests; to~apply for, contract for, purchase and acquire oil, gas, sulphur, and mineral leases, sub- leases, assignments, prospecting and other permits, licenses and . other oil, gas, sulphur and mineral agreements upon any and all pro- perty of every nature and~kind, whether privately or publicly owned; a; N ~ to le t or su b le t any lan ds, leases, perm i ts, l icenses or o t her r ig h ts N~ or privileges; to make and enter into unit, cooperative, pooling, ~oint operating, and any other agreements generally designed to accom- plish conservation purposes, including, but not limited to, those F whereby Texaco Inc. or others as Operator, shall develop and operate f for oil, gas,sulphur or other minerals; to release and surrender, in ~ - ~ whole or in part, any lease, assignment, sublease, prospecting or ~ - E other permit or license in favor of, or any operating or other agree- ment with or by, Texaco Inc.; to contract for the drilling and reworking of wells and all•related activities; to contract for the sale of oil and gas (including casinghead gas), sulphur, and other minerals, or products therefrom, owned by Texaco Inc.; to contract for the pro- ~ cessing Qr treatment of natural gas from wells owned or operated by Texaco Inc. and to undertake or agree to treat or process natural gas _ ; ; from wells owned or operated by Texaco Inc. and to undertake or agree ~ to treat or process natural gas from wells owned or operated by others; r to agree to pay overriding or other royalties, carried interests, or ~ ~ ~ ~ ~ ~Q~~ 40~ _ _ - ~ M - : - _ ~="f ;y`~' =3 y _ - .,r~._ - _ = - _ , . ~