Common Contracts

1 similar Oil, Gas, and Mineral Lease contracts

OIL, GAS, AND MINERAL LEASE
Oil, Gas, and Mineral Lease • June 24th, 2020

This Lease also covers and includes, in addition to the described Leased Premises, land, if any, contiguous or adjacent to or adjoining the Leased Premises and: (a) owned or claimed by Lessor by limitation, prescription, possession, reversion, or unrecorded instrument; or, (b) which Lessor has a preferential right or option to acquire. Lessor agrees to execute any supplemental instrument requested by Lessee for a more complete or accurate description of the Leased Premises. For the purpose of determining the amount of any bonus or other payments provided for in this Lease, the land shall be deemed to contain acres, whether actually containing more or less. A recital of acreage in any tract shall be deemed to be the true acreage in a described tract. Lessor accepts the bonus as lump sum consideration for this Lease and all rights and options it provides.

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