Common Contracts

1 similar Lease Agreement contracts

Contract
Lease Agreement • December 31st, 2014

On Nove m be r 29, 1950 (15 F R 8585), a n ew le a se fo r m w a s a dop t ed ( F o r m 4– 1158, 15 F R 8585) co n t a i n i n g p r ovisio n s w h e r eb y t h e lessee a g r ees t h a t n o t h i n g i n a ny co n t r a c t o r o t h e r a rr a n ge m e n t m a de fo r t h e s a le o r dispos a l of oil, g a s, n a t ur a l g a soli n e, a n d o t h e r p r od u c t s of t h e le a sed l a n d, s h a ll be co n s t ru ed a s m odify i n g a ny of t h e p r ovisio n s of t h e le a se, i n cl u di n g, b u t n o t li m i t ed t o, p r ovisio n s r el a t i n g t o g a s w a s t e, t a k - i n g r o y a l t y- i n- k i n d, a n d t h e m e t h od of co m p u t i n g r o y a l t ies d u e a s b a sed o n a m i n i m u m v a l u a t io n a n d i n a cco r d a n ce wi t h t h e oil a n d g a s v a l u a t io n r eg u l a- t io n s. A co n t r a c t o r a g r ee m e n t p ur s u- a n t t o a le a se co n t a i n i n g s u c h p r ovi- s io n s m a y be m a de wi t h o u t ob t a i n i n g

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