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HomeMy WebLinkAbout2097 . ~ ~ ~~55~ . 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 au~horized Vice-President, has and does hereby appoint B. D. McGrath, of Orleans Parish, State of Louisiana, its true and lawful Attorney-in-Fact with power and authority for and on beha.lf and in the name of Texaco Inc. to contract for and to pur- chase lands, and oil, gas, sulphur, or other tnineral fees, and oil, gas, sulphur or other mineral royalty interests; to apply for, contract for, purchase and acquire oil, gas, sulphur, and mine~ral 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; to let or sublet any lands, leases, permits, licenses or other rights 0 or privileges; to make and enter into unit, cooperative, pooling, N N ~oint operating, and any other agreements generally designed to accom- ~ plish conservation purposes,~including, but not limited to, those whereby Texaco Inc. or others as Operator, shall develop and operate ~ for oil, gas,sulphur or other minerals; to release and surrender, in ~ ~ ~ whole or in part, any lease, assignment, sublease, prospecting or 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 or 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; to agree to pay overriding or other royalties, carried interests~ or eooK 214 ~z0~ ~ ~ _ _ ari~i,~~~ ~ c ~ ~ ~ ~g ~ ~ . ~ i ~ - ~ -