0000950123-11-025367 Sample Contracts

PAID-UP OIL AND GAS LEASE
Lease Agreement • March 15th, 2011 • Pure Cycle Corp • Water supply

THIS LEASE AGREEMENT is made as of the 10th day of March 2011, between PCY Holdings LLC, a wholly owned subsidiary of Pure Cycle Corporation, whose address is 1490 Lafayette St., Suite 203, Denver, CO 80218 as Lessor (whether one or more), and Anadarko E&P Company LP whose address is 1099 18th Street., Suite 1800, Denver, Colorado, 80202-1918, as Lessee. All printed portions of this lease were prepared by the party hereinabove named as Lessee, but all other provisions (including the completion of blank spaces) were prepared jointly by Lessor and Lessee.

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SURFACE USE AND DAMAGE AGREEMENT
Surface Use and Damage Agreement • March 15th, 2011 • Pure Cycle Corp • Water supply • Colorado

This Surface Use and Damage Agreement (Agreement) is made and entered into effective this 10th day of March 2011, by and between PCY Holdings LLC, a wholly owned subsidiary of Pure Cycle Corporation, as the owner of the surface of the lands described hereafter whose addresses is 1490 Lafayette Street, Suite 203, Denver, Colorado 80218 hereinafter referred to as “Owner”, and Anadarko E&P Company LP, whose address is 1099 18th Street, Suite 1800, Denver, CO 80202, hereinafter referred to as “Operator”.

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