ContractTexas • May 5th, 2020
Jurisdiction FiledMay 5th, 2020Loading... The URL can be used to link to this page Your browser does not support the video tag. Contract 42921 CITY SECRETARY CONTRACT NO.�� OIL AND GAS LEASE THE STATE OF TEXAS § COUNTY OF TARRANT § THIS AGREEMENT ("Lease") is made and entered into as of the date herein specified by and between CITY OF FORT WORTH, a home rule municipal corporation of the State of Texas located within Tarrant, Denton, and Wise Counties, Texas, (hereinafter referred to as "Lessor"), and, CHESAPEAKE EXPLORATION, LLC, an Oklahoma limited liability company (hereinafter referred to as "Lessee"). WITNESSETH : 1. GRANTING CLAUSE Lessor, in consideration of a cash bonus in hand paid, of the royalties herein provided, and of the agreements of Lessee hereinafter contained, hereby grants, leases, and lets exclusively unto Lessee for the sole purpose of investigating, exploring, drilling, operating, and producing oil and/or gas from the land leased hereunder, together with any liquid or gaseous substances produce