Office Lease Form Under 30226
Relinquishment Act
Revised, September 1987
GLO-19-(9-87)
OIL AND GAS
LEASE
THIS AGREEMENT is made and entered into this 23, day of October,
1995, between LESSOR, Xxxx Xxxxxxx Xxxxxxxxx of 0000 X. 00xx XX.
XXXXXXXXXX, XXXXX 00000, herein referred to as the owner of the soil
(whether one or more), and LESSEE, PILARES OIL & GAS, INC., of 0000
XXXXX XXXXX XXXXXXX, XXXXX 00000, hereinafter called Lessee.
1. GRANTING CLAUSE. For and in consideration of the amounts stated
below and of the covenants and agreements to be paid, kept and
performed by Lessee under this lease, the LESSOR, hereby grants,
leases and lets unto Lessee, for the sole and only purpose of
prospecting and drilling for and producing oil and gas, laying
pipelines, building tanks, storing oil and building power stations,
telephone lines and other structures thereon, to produce, save take
care of, treat and transport said products of the lease, the
following lands situated in XXXXXX County,
State of Texas, to-wit:
XXXXXXX 00, XXXXXXXX 0000, XXX 4 XXXXXX COUNTY, TEXAS
BEING 640 ACRES MORE OR LESS AND 62 ACRES MORE OR LESS OUT OF G.
XXXXX XXXXXX SURVEY #14 AND 38 ACRES MORE OR LESS OUT OF G. XXXXX
XXXXXX SVY. #3
Containing 740 acres, more or less. The bonus consideration paid
for this lease is as follows:
To the State of Texas: NA
Dollars ($ )
To the owner of the soil: Xxxx Xxxxxxx Xxxxxxxxx- XXXXXX
Dollars ($3,750.00)
Total Bonus consideration:
Dollars ($3,750.00)
The total bonus consideration paid represents a bonus of Thirty
Seven Hundred Fifty Dollars
($5.00) per acre, on 740 net acres.
2. TERM. Subject to the other provisions in this lease, this lease
shall be for a term of THREE YEARS from this date (herein called
"primary term") and as long thereafter as oil and gas, or either of
them, is produced in paying quantities* from said land.
As used in this lease, the term "produced in paying quantities"
means that the receipts from the sale or other authorized commercial
use of the substance(s) covered exceed out of pocket operational
expenses for the six months last past.
3. DELAY RENTALS. If no well is commenced on the leased premises
on or before one (1) year from this date, this lease shall
terminate, unless on or before such anniversary date Lessee shall
pay or tender to the owner of the soil or to his credit Walburg
State Bank, Georgetown, TX, or its successors (which shall continue
as the depository regardless of changed in the ownership of said
land), the specified below: Payments under this Paragraph shall
operate as a rental and shall cover the privilege of deferring the
commencement of a well for one (1) year from said date. Payments
under this paragraph shall be in the following amounts:
To the owner of the soil: XXXX XXXXXXX XXXXXXXXX-XXXXXX
Dollars ($740.00)
To the State of Texas: NA
Dollars ($740.00)
Total Rental:
Dollars ($ )
In a like manner and upon like payments or tenders annually, the
commencement of a well may be further deferred for successive
periods of one (1) year each during the primary term. All payments
or tenders of rental to the owner of the soil may be made by check
or sight draft of Lessee, or any assignee of this lease, and may be
delivered on or before the rental paying date. If the bank
designated in this paragraph (or its successor bank) should cease to
exist, suspend business, liquidate, fail or be succeeded by another
bank, or for any reason fail or refuse to accept rental, Lessee
shall not be held in default for failure to take such payments or
tenders of rental until thirty (30) days after the owner of the
soil shall deliver to Lessee a proper recordable instrument naming
another bank as agent to receive such payments or tenders.
4. PRODUCTION ROYALTIES. All Royalties to be paid to land owner.
(a) OIL. Royalty payable on oil, which is defined as including all
hydrocarbons produced in a liquid form at the month of the well and
also as all condensate, distillate, and other liquid hydrocarbons
recovered from oil or gas run through a separator or other
equipment, as hereinafter provided, shall be TWENTY PERCENT part of
the gross production or the market value thereof, at the option of
the owner of the soil such value to be determined by 1) the highest
posted price, plus premium, if any, offered or paid for oil,
condensate, distillate, or other liquid hydrocarbons, respectively,
of a like type and gravity in the general area where produced and
when run, 2) the highest market price thereof offered or paid in the
general area where produced and when run, or 3) the gross proceeds
of the sale thereof, whichever is greatest. Lessee agrees that
before any gas produced from the leased premises is sold, used or
processed in a plant, it will be run free of cost to the parties
entitled to royalties through an adequate oil and gas separator of
conventional type, or other equipment at least as efficient, so that
all liquid hydrocarbons recoverable from the gas by such means will
be recovered. The requirement that such gas be run through a
separator or other equipment may be waived in writing by the royalty
owners upon such terms and conditions as they prescribe.
(b) NON PROCESSED GAS. Royalty on any gas (including flared gas),
which is defined as all hydrocarbons and gaseous substances not
defined as oil in subparagraph (a) above, produced from any well on
said land (except as provided herein with respect to gas processed
in a plant for the extraction of gasoline, liquid hydrocarbons or
other products) shall be TWENTY PERCENT part of the gross production
or the market value hereof, at the option of the owner of the soil
such value to be based on the highest market price paid or offered
for gas of comparable quality in the general area where produced and
when run, or the gross price paid or offered to the producer
whichever is greater; provided that the maximum presser base in
measuring the gas under this lease shall not at any time exceed
14.65 pounds per square inch absolute, and the standard bas
temperature shall be sixty (60) degrees Fahrenheit, correction to be
made for pressure according to Xxxxx'x Law, and for specific gravity
according to tests made by the Balance Method or by the most
approved method of testing being used by the industry at the time of
testing.
(c) PROCESSED GAS. Royalty on any gas processed in a gasoline
plant or other plant for the recovery of gasoline or other liquid
hydrocarbons shall be TWENTY PERCENT part of the residue gas and the
liquid hydrocarbons extracted or the market value thereof, at the
option of the owner of the soil. All royalties due herein shall be
based on one hundred percent (100%) of the total plant production of
residue gas attributable to gas produced from this lease, and on
fifty percent (50%), or that percent accruing to Lessee, whichever
is greater, of the total plant production of liquid hydrocarbons
attributable to the gas produced from this lease; provided that if
liquid hydrocarbons
are recovered from gas processed in a plant in which Lessee (or its
parent, subsidiary or affiliate) owns an interest, then the
percentage applicable to liquid hydrocarbons shall be fifty percent
(50%) or the highest percent accruing to a third party processing
gas through such plant under a processing agreement negotiated at
arm's length (or if there is no such third party, the highest
percent then being specified in processing agreements or contracts
in the industry), whichever is greater. The respective royalties on
residue gas and on liquid hydrocarbons shall be determined by 1) the
highest market price paid or offered for any gas (or liquid
hydrocarbons) of comparable quality in the general area, or 2) the
gross price paid or offered for such residue gas (or the weighted
average gross selling price for the respective grades of liquid
hydrocarbons, F.O.B. at the plant in which said gas is processed),
whichever is greater.
(d) OTHER PRODUCTS. [OMITTED]
5. MINIMUM ROYALTY. For each calendar year following the date of
the expiration of the primary term when this lease is held for any
part of such calendar year by production, the royalty received under
this lease must not be less than an amount equal to the total annual
delay rental provided for in Paragraph 3. If Paragraph 3 of this
lease does not specify a delay rental amount, then for the purposes
of this paragraph, the delay rental amount shall be one dollar
($1.00) per acre.
6. ROYALTY IN KIND. Notwithstanding any other provision in this
lease, at any time or from time to time, the owner of the soil, upon
not less than sixty (60) days notice to the holder of the lease,
require that the payment of any royalties accruing to such royalty
owner under this lease be made in kind.
7. NO DEDUCTIONS. Lessee agrees that all royalties accruing under
this lease (including those paid in kind) shall be without deduction
for the cost of producing, gathering, storing, separating, treating,
dehydrating, compressing, processing, transporting, and otherwise
making the oil, gas and other products hereunder ready for sale or
use. Lessee agrees to compute and pay royalties on the gross value
received, including and reimbursement for severance taxes and
production related costs. ROYALTIES WILL BE SUBJECT TO THEIR
PROPORTIONATE PART OF SEVERANCE TAXES.
8. PLANT FUEL AND RECYCLED GAS. No royalty shall be payable on any
gas as may represent this lease's proportionate share of any fuel
used to process gas produced hereunder in any processing plant.
Notwithstanding any other provision of this lease, and subject to
the written consent of the owner of the soil and the Commissioner of
the General Land Office, Lessee may recycle gas for gas lift
purposes on the leased premises or for injection into any oil or gas
producing formation underlying the leased premises after the liquid
hydrocarbons contained in the gas have been removed; no royalties
shall be payable on the recycled gas until it is produced and sold
or used by Lessee in a manner which entities the royalty owners to a
royalty under this lease.
9. ROYALTY PAYMENTS AND REPORTS. All royalties which are required
to be paid under this lease shall be due and payable in the
following manner: Royalty on oil and gas is due and must received by
Lessor on or before the 15th day of the second month succeeding the
month of production.
10. PERMITS, REPORTS, AND RESERVES. [OMITTED]
11. DRY HOLE CLAUSE. If, during the primary term hereof and prior
to discovery and production of oil or gas on said land. Lessee
should drill a dry hole or holes thereon, or if, after discovery and
production of oil or gas, the production hereof should cease from
any cause, this lease shall not terminate if, on or before the
rental paying date next ensuing after the expiration of sixty (60)
days from date of completion of said dry hold or cessation of
production. Lessee commences additional drilling or reworking
operations thereon, or commences or resumes the payment of annual
delay rental in the same manner as provided in Paragraph 3 of this
lease. If a dry hole be completed and abandoned during the last
year of the primary term, Lessee's rights shall remain in full force
and effect without further operations until the expiration of the
primary term. Should the first well or any subsequent well drilled
on the above described land be completed as a shut-in oil or gas
well within the primary term hereof, Lessee may resume payment of
annual rental in the same manner as provided in Paragraph 3 in this
lease on or before the rental paying date next ensuing after sixty
(60) days from the date of completion of such shut-in oil or gas
well, and upon the failure to make such annual rental payment, this
lease shall ipso facto terminate. If at the expiration of the
primary term or at any time thereafter shut-in oil or gas well is
located on the leased premises, payments may be made in accordance
with the provisions of Paragraph 14 of this lease.
12. DRILLING AND REWORKING AT EXPIRATION OF PRIMARY TERM. If, at
the expiration of the primary term, neither oil nor gas is being
produced on said land, but Lessee is then engaged in drilling or
reworking operations thereon, this lease shall remain in force so
long as operations on said well or for drilling or reworking of any
additional well are prosecuted in good faith and in workmanlike
manner without interruptions totaling more than sixty (60) days
during any one such operation, and if they result in the production
of oil and/or gas, so long thereafter as oil and/or gas is produced
in paying quantities from said land, or payment of shut-in oil or
gas well royalties or compensatory royalties is made as provided in
this lease.
13. CESSATION, DRILLING AND REWORKING. In the event production of
oil or gas on the leased premises after once obtained shall cease
from any cause at the expiration of the primary term thereof or at
any time or times thereafter, this lease shall not terminate if
Lessee commences additional drilling or reworking operations within
sixty (60) days thereafter, and the lease shall remain in full force
and effect so long as such operations continue in good faith and in
a workmanlike manner without interruptions totaling more than sixty
(60) days during any one such operation; and if such drilling or
reworking operations result in the production of oil or gas, the
lease shall remain in full force and effect so long as oil or gas is
produced therefrom in paying quantities or payment of shut-in oil or
gas royalties or compensatory royalties is made as hereinafter
provided or as provided elsewhere in the statutes of the State of
Texas.
14. SHUT IN ROYALTIES. If, at the expiration of the primary term
or at any time thereafter, a well or xxxxx capable of producing oil
or gas in paying quantities is located on the leased premises but
oil or gas is not being produced for lack of suitable production
facilities or a suitable market, and the lease is not being
maintained in force and effect, Lessee may pay as a shut-in oil or
gas royalty an amount equal to double the annual rental provided in
Paragraph 3 of this lease but not less than $1,200 a year for each
well capable of producing oil or gas in paying quantities. If
Paragraph 3 of this lease does not specify
delay rental amount, then for the purposes of this
.................[rest of this line is not legible] any shut-in
oil or gas royalty must be paid on or before: (1) the expiration of
the primary term, (2) 60 days after the lessee ceases to produce oil
or gas from the leased premises, or (3) 60 days after lessee
completes a drilling and reworking operation in accordance with the
lease provisions; whichever date is latest. If the shut-in oil or
gas royalty is paid, the lease shall be considered to be a producing
lease and the payment shall extend the term of the lease for a
period of one (1) year from the end of the primary term or from the
first day of the month next succeeding the month in which production
ceased and after that, if no suitable production facilities or
suitable market for the oil or gas exists, Lessee may extend the
lease for four (4) additional and successive periods of one year by
paying the same amount each year on or before the expiration of the
extended term. If, during the period the lease is kept in effect by
payment of the shut-in oil or gas royalty, oil or gas is sold and
delivered in paying quantities from a well located within 1,000 feet
of the leased premises and completed in the same producing reservoir
or, in any case in which drainage is occurring, the right to
continue to extend the lease by paying the shut-in oil or gas
royalty shall cease. The lese shall remain effective for the
remainder of the year for which the royalty has been paid and for
four (4) additional and successive periods of one year each by the
Lessee paying compensatory royalty at the royalty rate provided in
the lease of the value at the well of production from the well that
is causing the drainage or that is completed in the same producing
reservoir and within 1,000 feet of the leased premises. If the
compensatory royalty paid in any 12-month period is in an amount
less than the annual shut-in oil or gas royalty, Lessee shall pay an
amount equal to the difference within 30 days from the end of the
12-month period. None of these provisions will relieve Lessee of
the obligation of reasonable development or the obligation to drill
offset xxxxx as provided in Texas Natural Resources Code Section52.173.
15. DEVELOPMENT. Notwithstanding any provision of this lease to
the contrary, after a well producing, or capable of producing, oil
or gas has been completed on the leased premises, Lessee shall
exercise the diligence of a reasonably prudent operator in drilling
such additional well x xxxxx as my be reasonably necessary for the
proper development of the leased premises and in marketing the oil
and gas produced. In the event this lease is in force and effect
three (3) years after the expiration date of the primary term, it
shall then terminate as to all of the leased premises, EXCEPT: 1) 40
acres surrounding each producing oil well and 320 acres surrounding
each producing gas well (including a shut-in oil or gas well as
provided in Paragraph 14 of this lease), or a well upon which Lessee
is then engaged in continuous drilling or reworking operations, or
2) the number of acres included in a producing pooled unit pursuant
to Texas Natural Resources Code Section52.151 - Section52.153, or 3)
such greater or lesser number of acres as may then be allocated for
production purposes to a proration unit for each such producing well
under the rules and regulations of the Railroad Commission of Texas
or any successor agency, or other governmental authority having
jurisdiction. "Producing" as used in this lease means producing in
paying quantities. The acreage retained under this provision as to
each well shall, as nearly as practical, be in the form of a square
with the well located in the center. Lessee shall execute and
record a release or releases containing a satisfactory description
of the acreage terminated under this provision.
16. OFFSET XXXXX. Neither the bonus, delay rentals, nor royalties
paid, or to be paid, under this lease shall relieve Lessee of his
obligation to protect the oil and gas under the above-described land
from being drained. To prevent drainage, Lessee is obligated to
drill as many xxxxx as the facts may justify and to the depth or
depths necessary for effective protection against undue drainage.
In addition, if a draining well which is producing in commercial
quantities is located within 1, 000 feet of the above-described
land, or in any case where the above described land is being
drained, Lessee is statutorily obligated to drill an offset well on
the leased premises within 100 days after the draining well begins
production in commercial quantities. Failure to satisfy the
statutory offset obligation may subject this lease and the owner of
the soil's agency rights to forfeiture. Only upon the determination
of the Commissioner of the General Land Office and with his written
approval may the payment of compensatory royalty satisfy obligation
to drill an offset well or xxxxx required under this paragraph.
17. FORCE MAJEURE. If, after a good faith effort, Lessee is
prevented from complying with any express or implied covenant of
this lease, from conducting drilling operations on the leased
premises, or from producing oil or gas from the leased premises by
reason of war, rebellion, riots, strikes, acts of God, or any valid
order, rule or regulation of government authority, then while so
prevented, Lessee's obligation to comply with such covenant shall be
suspended and Lessee shall not be liable for damages for failure to
comply with such covenants; additionally, this lease shall be
extended while Lessee is prevented, by any such cause, from
conducting drilling and reworking operations or from producing oil
or gas from the leased premises. However, nothing in this paragraph
shall suspend the payment of delay rentals in order to maintain this
lease in effect during the primary term in the absence of such
drilling or reworking operations or production of oil or gas.
18. WARRANTY CLAUSE. The owner of the soil warrants and agrees to
defend title to the leased premises. I f the owner of the soil
defaults in payments owned on the leased premises, then Lessee may
redeem the rights of the owner of the soil in the leased premises by
paying any mortgage, taxes or other liens on the leased premises.
If Lessee makes payments on behalf of the owner of the soil under
this paragraph, Lessee may recover the cost of these payments from
the rental and royalties due the owner of the soil.
19. PROPORTIONATE REDUCTION CLAUSE. If the owner of the soil owns
less than the entire undivided surface estate in the above described
land, whether or not Lessee's interest is specified herein, then the
royalties and rental herein provided to be paid to the owner of the
soil shall be paid to him in the proportion which his interest bears
to the entire undivided surface estate.
20. USE OF WATER. Lessee shall have the right to xxx water
produced on said land necessary for operations under this lease
except water from xxxxx or tanks of the owner of the soil; provided,
however, Lessee shall not use potable water or water suitable for
livestock or irrigation purposes for waterflood operations without
the prior consent of the owner of the soil.
21. AUTHORIZED DAMAGES. Lessee shall pay the owner of the soil for
damages caused by its operations to all personal property,
improvements, livestock and crops on said land.
22. PIPELINE DEPTH. When requested by the owner of the soil,
Lessee shall bury its pipeline below plow depth.
23. WELL LOCATION LIMIT. No well shall be drilled nearer than two
hundred (200) feet to any house or barn now on said premises without
the written consent of the owner of the soil.
24. CONSERVATION CLAUSE. Lessee shall have the exclusive right to
build, operate and maintain pits, reservoirs, pickup stations and
plants for the purpose of picking up and conserving waste oil that
flows down the creeks, ravines and across the leased premises,
whether such waste oil is produced from the leased premises or from
other lands.
25. REMOVAL OF EQUIPMENT. Subject to limitations in this
paragraph, Lessee shall have the right to remove machinery and
fixtures placed by Lessee on the leased premises, including the
right to draw and remove casing, within on hundred twenty (120) days
after the expiration or the termination of this lease unless the
owner of the soil grants Lessee an extension of this 120 day period.
However, Lessee may not remove casing from any well capable of
producing oil and gas in paying quantities. Additionally, Lessee
may not draw and remove casing until after thirty (30) days written
notice to the Commissioner of the General Land Office and to the
owner of the soil. The owner of the soil shall become the owner of
any machinery, fixtures, or casing which are not timely removed by
Lessee under the terms of this paragraph.
26. (a) ASSIGNMENTS. Under the conditions contained in this
paragraph and Paragraph 28 of this lease, the rights and estates of
either party to this lease may be assigned, in whole or in part, and
the provisions of this lease shall extend to and be binding upon
their heirs, devisees, legal representatives, successors and
assigns. However, a change or division in ownership of the land,
rentals or royalties will not enlarge the obligations of Lessee,
diminish the rights, privileges and estates of Lessee, impair the
effectiveness of any payment made by Lessee or impair the
effectiveness of any act performed by Lessee. And no change or
division in ownership of the land, rentals, or royalties shall bind
Lessee for any purpose until thirty (30) days after the owner of the
soil (or his heirs, devisees, legal representatives or assigns)
furnishes the Lessee with satisfactory written evidence of the
change in ownership, including the original recorded muniments of
title (or a certified copy of such original) when the ownership
changed because of a conveyance. A total or partial assignment of
this lease shall, to the extent of the interest assigned, relieve
and discharge Lessee of all subsequent obligations under this lease.
If this lease is assigned in its entirety as to only part of the
acreage, the right and option to pay rentals shall be apportioned as
between the several owners ratably, according to the area of each,
and failure by one or more of them to pay his share of the rental
shall not affect
(b) ASSIGNMENT LIMITATION. [OMITTED]
27. RELEASES. Under the conditions contained in this paragraph and
Xxxxxxxxx 00, Xxxxxx may at any time execute and deliver to the
owner of the soil and place of record a release or releases covering
any portion or portions of the leased premises, and thereby
surrender this lease as to such portion or portions, and be relieved
of all subsequent obligations as to acreage, surrendered. If any
part of this lease is properly surrendered, the delay rental due
under this lease shall be reduced by the proportion that the
surrendered acreage bears to the acreage which was covered by this
lease immediately prior to such surrender; however, such release
will not relieve Lessee of any liabilities which may have accrued
under this lease prior to the surrender of such acreage.
28. FILING OF ASSIGNMENTS AND RELEASES. If all or any part of this
lease is assigned or released, such assignment or release must be
recorded in the county where the land is situated.
29. LEASE FILING. [OMITTED]
30. DISCLOSURE CLAUSE. All provisions pertaining to the lease of
the above-described land have been included in this instrument,
including the statement of the true consideration to be paid for the
execution of this lease and the rights and duties of the parties.
Any collateral agreements concerning the development of oil and gas
from the leased premises which are not contained in this lease
render this lease invalid.
31. FIDUCIARY DUTY. [OMITTED]
32. FORFEITURE. If Lessee shall fail or refuse to make the payment
of any sum within thirty days after it becomes due, or if Lessee or
an authorized agent should knowingly make any false return or false
report concerning production or drilling, or if Lessee shall fail or
refuse to drill any offset well or xxxxx in good faith as required
by law, if Lessee should fail to file reports in the manner required
by law or fail to comply with rules and regulations promulgated by
the Railroad Commission, or if Lessee should refuse the proper
authority access to the records pertaining to operations, or if
Lessee or an authorizes agent should knowingly fail or refuse to
give correct information to the proper authority THIS LEASE WILL BE
SUBJECT TO FORFEITURE BY LESSOR.
33. RAILROAD COMMISSION HEARINGS ON GAS. [OMITTED]
34. [OMITTED]
IN WITNESS WHEREOF, this instrument is executed on the date first
above written.
STATE OF TEXAS
BY: NA
Individually and as agent for the State of Texas
XXXX XXXXXXX XXXXXXXXX
BY: /s/Xxxx Xxxxxxx Xxxxxxxxx
Individually
STATE OF TEXAS
BY: NA
Individually and as agent for the State of Texas
STATE OF TEXAS
BY: NA
Individually and as agent for the State of Texas
Xxxxx Lease. If in the event Pilares Oil and Gas, Inc., or its
assignees acquires the Oil and Gas Lease, called the Xxxxx Lease,
currently in force on Section 23 of Lessor's land, the terms and
conditions of this lease shall supersede the Xxxxx lease.
If in the event the Xxxxx well is plugged and Section 23 becomes
available, first right of refusal to lese Section 24 will be offered
by Lessor to Lessee under the same terms and conditions as this lease.
STATE OF TEXAS
COUNTY OF (unknown)
This instrument acknowledged before me on October 25, 1995 by Xxxx
Xxxxxxx Xxxxxxxxx.
/s/Xxxx Xxxxx Xxxxxx
Notary Public in and for (unknown) County, Texas
My commission expires:
[SEAL]
STATE OF TEXAS
COUNTY OF
This instrument acknowledged before me on
by .
Notary Public in and for County, Texas
My commission expires:
STATE OF TEXAS
COUNTY OF
This instrument acknowledged before me on
by .
Notary Public in and for County, Texas
My commission expires:
STATE OF TEXAS
COUNTY OF
This instrument acknowledged before me on
by .
Notary Public in and for County, Texas
My commission expires:
FILED FOR RECORD 30226
The 4th day of March
A.D., 1997
At 4:30 O'Clock P.M.
XXXXXX XXXXXXXXX/(/s/initials)
COUNTY CLERK, XXXXXX COUNTY, TEXAS.
/s/ Xxxxxx Xxxxxxxxx
County Clerk, Xxxxxx County, Texas
VOL. 15 PAGE 788
RECORDED March 13, 1997
By
XXXXXX XXXXXX, DEPUTY
XXXXXX NEWDURY, DEPUTY
STATE OF TEXAS
COUNTY OF XXXXXX
I hereby certify that this instrument was FILED FOR RECORD on the
date and at the time entered hereon by me and was duly RECORDED in
the Volume and Page of the Oil and Gas Lease Records of Xxxxxx
County, Texas.
ANY PROVISION HEREIN WHICH RESTRICTS THE SALE, RENTAL OR USE OF THE
DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR RACE IS INVALID AND
UNENFORCEABLE UNDER FEDERAL LAW.
