Common Contracts

1 similar null contracts

Lease Number: «DocRefNum»-OIL
January 9th, 2003
  • Filed
    January 9th, 2003

Pursuant to the Mining Act (the “Act”) and the regulations thereunder (the “Regulations”), and subject to the provisions thereof (the “Provisions”) as they may be amended or substituted from time to time, and in consideration of the rents, royalties, covenants and agreements hereinafter expressed and contained, the Lessor hereby leases unto the Lessee, insofar as the Crown in the right of Ontario has the right to issue the same, the exclusive right to produce oil within and under the lands, described in the attached Schedule (the "Premises") for the term of «TermYear» years and «TermMonth» months, commencing «DocStatusDate» renewable upon application for successive terms of up to ten years each. The anniversary date shall be January 1st in each subsequent year following the commencement year.

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