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N -1101 3 3
<br />Cherry Creek Block UANSAS BtuePltltltCQIK
<br />.:raw . '-
<br />PRODUCERS 99 Q I L, AND GAS LEASE . �.�..0 1*1" K-
<br />40 . 640
<br />REV a 59
<br />AGREEMENT Made and entered into the 3rd $day Of h bared a ,�- lt1 @
<br />by and bctwteli Elmer A. -- Larsen axed Flr$�yn a -
<br />Rout s 1 _ _ _ _ _ _ _
<br />» Cazroa hmaftercalled
<br />whole mating address s
<br />Lessor (whethu one or more); and Fred '3�COalnQ� - - » -
<br />raisa, 0,k ah9,n » ~ » - » - .-ht= tnaftescalledlessee
<br />F if t and ?Q COQ - - - - '- - - - - - _- - sonar,,.
<br />I~ µIT ', ESS@TH That the said lessor for and in cpnsideration of lY
<br />cash m hind paid the receipt of which Is hereby acknowledged, and Aem the se, lecovenants
<br />se nand let aonto the said le see rutttthe esoleapnd only e purpose ofpexplori a by geophysical
<br />has granted demised leased and let and by these presents dots grant
<br />and other methods mining and operating for 00 and gas• and of laying of pipe lines and pf building tanks power stations and structures th r to produtx save and take
<br />Hal a 11 word _ _ Y , $tat$ of - »-
<br />care of smd products all that riaia trail of land situated to the County of �l � p - - - - -~ - - - described as follows to wit ti SeCtlon 4 - 12 � 11 — - T. ~ -
<br />St SE- and TR S'Iy Section 34 l A ,,, ,ry. �•�,r _ _ -
<br />SF.4 S9 Section 35 - -13 - 12�
<br />- - » - _and containing 5C� acres more or less
<br />of Sccuon Township - Rang$ n
<br />wdtla land m tumthat the w,aslease whtshall am oast rs pooled to term h by esscw - years from ibis slate and as long tlitreafter as oil or bas or either of them is Produced from
<br />3 la consdcrauon of the prtmists the said lessee coacnants and agrees:
<br />(a) To dcl)au to the credit of lessor Eree of cost m the pipe tine to which less 'a may connect his wills to equal one eighth part of all ail produced and saved (ram the
<br />leased pn oil or at the lessees option may pay cost the ie pipe such one- er6hth royalty the market price for oil of like grade and gravity prevailing on the day such al
<br />it run Into the pipe ]me or nto storage tanks
<br />At the ) o pay I satrt for w6cis rue lu gas sold nature off tile kind pr produced or d sold manufadture fe Prirducsythuused f m ilia manufacture of any products therefrom one eight
<br />(c) If t bas wan c liable of producing bas only and located on the above described lands or on lands with which the above descnbcd lands or a portion thereof are
<br />pooled or f a g d w d uiY time shut m and no gas thertfrom is sold or used off of the above described lands or in the manufacture of n aural gasoline or other products
<br />ntaerthelcss sutfi shut In bas wall shill under all thrrraa�� Prousion; of this lease b9 deemed to be a well on the above dascnbed lands producing gas in paying all use r and this
<br />ddlRe$h it tip retinue in f rl c ipable olf btenq produced from anyusuch shut in so gasuwell buttshallbbe under no ubleggatfonrtoma Of keth uchn Bas under termsaarocond nuru orac)rcum is, killut
<br />stances which m Luxe c lud6mtut tscrcised in good faith are not for the best intertsjs of both Lessor and Lessee
<br />The item slattd dIte as ustd in this para6nph hall man any rtntal paying date a>f this lease or any subsequent anniversary thcstat nF thte be a rental a above dale
<br />list if no TA "tit p+v, g dale is spructd in this lease than stated d Ito shall meap any �inmvenary date of the more if on any sells stated aril$ there rice on the Bbova d6
<br />scribed lands it i I' 1 ands with which the abuse dcsgnbrd lwlds or portR,n thereof are poohd or umisud use or mart such bas wells capable h pp1rtiducmg he only and no
<br />S, is tG0) dt)slaftrsunh atatd date pay such
<br />ut trnde< well*
<br />to rxth any uE the ro),ht Olrstf1 4q royaltyion thei&as produced from any apart ufss the salio`ebde�cnbed landsacovqred
<br />by this t ise lnrein p dice of dalhysrcntaowners
<br />hutan gassrlast known to period, who h the Bhutan gas royaltyhhall beidetern)meds�as follow named herein m the man
<br />The total amount ,[ shut m ins n> ally pt)able to all such awns shall be dettnnined by multipl)ng One Dollar "l 00) A the total number of asses of land covered
<br />totalrtrlumbtr of acrih ,falaoddcln reed 1�y�c uch such a on such start d date at lgruVidrdrthowevarh th t iflloo uchrtst plated data this hies* s be nglmaint inedan tf rcble and to ettect
<br />ah amise than by n ism of iota snth shut in bas well or shut in gas wells Lessee shall na be oblised to pay or tcndtr my s1 Ch sum if minty aµ shut m Ras royalty
<br />Ilse langua6e a gas wtis capable of producing bas only As ustd in this Section 3(c) shaU mean and mcluoeemmuttal u hoe y ore any well in loch the lga; An ratio
<br />capable of producing armnuntal auahnatyrwdlnnMspennit distillate Pad hYdmcarbonaltolbetproductd therefrolm unless the gas is market dt
<br />Is so high tit it a {.
<br />4 If Optrltions far the drillog if A wen rot oil lr gis ire not coml11er1Ced or if there to no oil Or {Bt t 1s ptiss the es slid land or a at date pealed ay or it as
<br />htrenafler,{rnvdad on or btfure one year from the dtte htreof this lease shall lrmmate as to both parties unless the ]rsxp on or be foe that data shall pay or tinder
<br />to the lessor or to the lessor s credit in the
<br />Stara Bank Qf Cairo Bank at Cairo,. Nebras sit. -
<br />or its successors which shall continue as the d pository for rental regardless of changes in the owntrsfirp of said land the sum of DOLL4RS
<br />One htvidred twc��lty sI. 2t apt 45,100 - - - - - --
<br />q 128.45 ) which shall 1ptrite s a rental and cover he pnttl ge of deferring the comnlcnccnitnt of Ill moyyns be for drilling of a well for twelae Of a
<br />iiflthes from slid (let In like isuivvt sal sly 114llnpllike paitur t or tindvs be mrdctth Yc thltik or driftaOf Ittsste orrr any gassiignee thcree,ft mailcdl orrdelivered on rori Inforerhe
<br />r ntal pn)u R date it is w drstood and ti soil th t Ile rnnsidtr aeon first recttd huun the down pxymult losers not only the privilege granted to the date wh n said
<br />first r Piss a pis able as of nvtd tut Ilan the tastes flint of axttndmR that period as ifomsind and any rind ill other rights conferred Should the depository ban bank
<br />h
<br />first r A alas. without n succ s r lessee or its assgna may d past rentals or royalists in any \atu ill bank localtd in the some county with the first named bank, due
<br />notice of such d post to be mailed to lessor at last known address
<br />5 Rah rtspprmt to the palm t of and the nbht to receive dtlay rntals and ro)alurs (including or shut if a Ras ro)t said rt is agreed that the for All theo of a life estate
<br />Itietb1mral etertst rfrohiindet(SlIntheState wlunitu the
<br />h Ltssuorshallll come funnhedssxnsfactory sea ,dtricelitorLtssm showing thellterminationooflsuhh lafit C,tate�ttrim to oil
<br />i,urral ins rest Tt othtr pet and a tile t but fur all obit punpsts this ieax shall lour such nattrtst us and whin the itssor sling so curve into the possession or use of rt
<br />find gser. itu s optu htimheroar hrtfo ethe aftletit anduct nr wabrnanyrotther lntyndhleaseu leastswhenhtn lease
<br />fw octet any dgmnt it istnec vY oriAid- Able ltordo ao1(naaurdrr to
<br />I ptlfl a ,I a units nueatcirdlaglft rtvi l40)nacrrsasplusrarl icreaKte tolerncc of ten similar
<br />ptr cent this (10;4,) of tfortyp(40) acres for r00 ndrnut txtted nRss a hundred to nd forty
<br />640) icr' plus an act age tolerance of ten ptr c tit (10%) of ,nix ndrtntind I .n lurTdtetion lie gas ooling n Anttetoramorettinsstanrs hll created to not exhaust thernrights of
<br />pnuaR or wen unit P alt rn th it m to be press nl rd by R R 1
<br />the mL, see lit riundcr)to pool thij
<br />sent ise the portions alit age Product mo drill nR ord row irkngt iporitions anywhere once as unit which. inclludes all tar afpart rif the lease shill I in
<br />Ise tea it d as If it wte Production dnllnR or rework rig operatims under this least Tn lieu td the ,amount f his shut m bas To) unit) phis royalty a heron spruced
<br />I, irsrtohthe lMxlt1t14crrs ! ylmpainhd sole particular tit mtvol ed the royalty /heyahsanttfof prroxluctontoC.esseeurmay t inrnateganyaunitizedherearbyrf 1nRn)uftrecordrnotice rof
<br />to nonaliow unit�sr �h� t,i, Turn, fit or instruments odt nufsmR and dreenbmR the unitized area contain provsion6 for termination upon certain contingencies
<br />1t pftor disspsrry44i op or`j,Ax on said Lind or on acreabe pooltd threwrth lecsep Should doll a dry hole or oohs th iron or if tile dorntrry of ) a gas ptlfte
<br />Uri h n s {{hbt)lt/ � 4P aryl cause this leap shall not urminate if lessee cimmtoces additional drilling or reworkmg operatnns within sixty (60) daati thof t rt
<br />r (N t ben �tl+n the Lr +a7Y lrlr6jl cmnmrnc s r resunws the pa)mant or tender of rntu on or before the yenta] Pa)ioR date next not being after the axon said of Ilse
<br />3) mf�tlh�Iruns thg;6q te�thf �atFItSsre )I thin nrynt.gad ot%sationR rrrrwu,rkinRinertihonce hereon halitesemhalllr�nanlmr/tfect so tangnas pr, 4,ealp os areaP uttIf )II
<br />dhrr �n4 t.� rlt ^q 1naN l
<br />ill r wall thtrrdter commulced with no cssaisn» of more than sixty (80) wnsecuuae da)s, and of thay result m the pnlducuun ,f al
<br />r 6 tar !}ld if eryse(�yahall,'JI �ratn ill F .Ct so IonR tht n aRtr as such production continue
<br />'i pn01XI 14Ctyds' nlY \instko(si on I thehahs Inttsst tide Iranothe whole
<br />anti
<br />d!%ididsf a fee 4ny nprreststnretheePrioduchun from therlanda htrunaldeacrihrdpto whahyhIt
<br />and ntagt Oif ssur ty be 140 )ta.lkshaji he deducted from the rn)altY herein resaraed
<br />yr {� , (t � n6h�toataSe free of Cost. gis on and water produced on said land for lessees operation thereon
<br />9 except wtar from the wells of lessor
<br />Wit, if ,,•qurs � �es�iy� iFssir shali`hury ksxe s Ptpe lines below plow depth p
<br />\o wet ro a rill tDAucr lhn DO (yet to the house or harp now on said remises without written consent of lessor ,
<br />f,tasee shat op(t� fltd diinagts caused by lessees operations to grit {isrng crops on said lad
<br />Iwsste shall lase the rt6ht at any time to remote all machma.ry and fixtures placed on -Aid premises including the right to draw and remove casing
<br />10 ca If rsr admniatr tOrill rSUCCISto ;r or assRnt phut no change irna theo ownersh p cif he whole land or ,asst6nmrnts of ly ntlalr ordroy alticesashalt IV hit nnad-t ern athend ssoe their ntl Irafir 'be
<br />its J,swr
<br />part or atntoaipuurrif he fimeiclrsanird i if nett and llict ssb�rerwrassl9nees of such part or Parts hallrfaU or make kehdefxulthntthripiiinriutait ..1,Th lituiatr it
<br />{ art to the nntlf due f rim nun or than such dttault shall not {crate to dtfrat or affect the lease n so far its t covt{»a F`rtie'rs {a"s�e reib s dalofriillnublhgutionc with
<br />1 ssoe or my urrsi„me t nrcof sh ul rpake due Pa) mint of said ruatal In lax la tier assigns this le ix m whole or in ,son uittland to rent Is ha ret nut r la sate na ly -4y
<br />p ct to t e assgmd p+irton or portions rising subsequent to the date oil assii.nmont In he ascot td death d nY pt
<br />r tender such rrnttt; in the crrdat of tfie drttastd ur the .state if the deceastd until uch toe as lance is furnished with Pr ptr is dtnce of the anPaultutit and qqu di
<br />fit tins of n e sccutor r a hololltrator of the estate or if th, Te heatom lemon tip ssoe is suer shed Lessee am y paYaorf tender tq id it as to rot d )nmtya o such 1.x`srssu[ or t to
<br />It a aseda if it m time two i t "'()TV Persons be stetted to P t
<br />her Imnt cndt o the dapsd�ry named 1, rem or at Lessees altctnn trip prnporhonap part td said rentals to which each Participant lint Is rnutbd n+fy be pied or t lt
<br />1 rid in him sapi the t to his soptral crrdrt in saiQ d postory; and pa)mcnt or ttnder to any participant of his portion of the rntals hreundr sbaU mauitam this
<br />iae is to such participant
<br />I i Le ssoe may at any time and from time to time exec% tonal cmover o Lesser or place iii record a release all r any crt q t either
<br />eas a fall nit rt st ran ,pall idi
<br />nitrvt in pre nr env part of the kaad prumses or in any qne or moo mots formations or drnth; uoderlvmst all tt any part td the traced icase I and that npif shall
<br />1r raheud cil all nhli{.ibons (huraftr In accme with reseed to the area zones fornaatons depths ar undivided nterccts covered by such rlixsp 1n the .sent of are
<br />4 ix of this lease as to all nbhts in only a part of the area emhrac d to the leased p es or s to an undivided merest oil all formations to All ar a Part of the k aced
<br />prinuats iheraaftcr the defy rentals hareinabove provided for shall by reduced proportionately
<br />12 Nlia n drilling production or other nncrahon; are delayed.
<br />interrupted or stopped by lack of stater,, labor matnal mahira p taton attest to leas d prctntsas Are
<br />fllod wir rthalhon instunklion not strike differences w, opinion. nr fir failure
<br />h6 on ore gas produced, or as ■ reulttthof, nrolderoof transportation
<br />gorvernmentalarigincydt tnehad,ngrbut till
<br />under lick (if asdiloble or s t factory market, m Less";
<br />t
<br />6 .. i _. _ - '� ° ........r. a �.v •� rt
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