MF117324

Lease Type Control Basefile County RAL 07-106516 105108 REEVES Iii

Survey Public School Land 11 Block 71

Block Name --Township

Section/Tract 12

Land Part S/2SE/4NW/4SE/4

Acres Net: 5.000000 Gross: 5.000000

Depth Below Depth Above Depth Other

~ Narne WOLCOTT, LLC

Leasing: Lease Date 12/14/2014

i dt .. Primary Term 5 years Maps:

Bonus $8,750.00

GIS: f1Av Lease Royalty 0.12500000

Scanlab: Paid Up No

Contents of Mineral File Number: \ l 1 ~ VJ

2. DOVHMeJCind tw - 1-j- }$

. I

, A ,, AL REVIEW SHEET ..... . .. . . .. . . . . ............ .. .. .. ........................... -....... -.............. -...... . ........ -.................. .. -.......... -............................... - .. .. ..

Working Filo#: RAL 157 139

Lessor:

Lessee:

Louis, Et Al , Margarette

Wolcott, LLC

LEASE DESCRIPT ION

County Control# Base File Part No

MF:

Lease Date: 12/ 14/2014

Gross Ac res: 5 00

Net A cres: 5 00

Sec Block Twp Survey

Reeves 07-106516 105108 S/2SEJ4NW/ 12 71 Public School Land 4SE/4

TERMS OFFERED TERMS RECOMMENDED

Primary Term: 5 Years Primary Term: 5 Years

Bonus I Acre : $3,500.00 Bonus I Acre: $3,500.00

2nd Yr 3rd Yr 4th Yr 5th Yr 2nd Yr 3rd Yr Rental I Acre :

000 0.00 3.500 00 0 00 Rental I A cre: 000 0 00

Royalty 0 250000 Royalty 0 250000

COMPARISONS

UI: No

Abst No

2996

4th Yr 5th Yr

3 500.00 0 00

Lease No Lessee Lease Date Primary Term

Bonus/Acre Ren tal/Acre Royalty Distance

10/21 /20 14 5 yr Ponding Wolcott LLC $3,500.00 so 00 0 00 3.500 0 0 00 0 250000 0.000000 0

Comments : paid up 2nd & 3rd yr, 4th yr rental $3500 00 per ac, pays up 5th yr

Approved:

Wednesday, January 07, 2015 RAL 157139

. RF;l..lNQUJSHMENT ACT LEASE APPLICATION

Texas General Land Office

TO George P Bush, Commissioner Larry Laine, Chief Clerk Anne ldsal, General Counsel Rene O Truan, Director, PSF Income Div1s1on

FROM Robert Hatter, Mineral Leasing

Applicant: Wolcott, LLC

Pnm Term· 5 Years

Royalty 0 25000000

Rental/Acre 2nd Yr· $0 oo

Consideration

Recommended·

Not Recommended·

/2Jtl

3rd Yr $0.00

George P Bush , Comm1ss1oner

County· Reeves

Bonus/Acre $3,500 00

4th Yr· $3,500 00 5th Yr S0.00

Date 1/22/,~

Comments paid up 2nd & 3rd yr, 4th yr rental $3500 00 per ac, pays up 5th yr

Lease Form Recommended·

Not Recommended.

Comments.

Rene D. Truan. Dlrect~lncome Division Recommended.

Not Recommended.

Anne ldsal, General Counsel Recommended·

Not Recommended

Larry Lame. Chief Clerk () '/ ~ Approved /'- r Not Approved

George P, Bush,t::::· n {) ;/ Approved: ~ • \Y L Not Approved:

1/20/2015 4 56 23 PM RAL 1571 39

Date I /z 2. /, S-

Date J 1.. 71- 20 rS-

Date.

Date

Date

1 of 1

FileNo. Jv1F / (J ; 'Z,vJ yzm 'RV1'1 eAJV.[vieet '"-i

Date Filed: 1-1-1s George P. Bush, Commissioner

~v ?5¥'.

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~ DOCUMENT II PRINTED ON CHEMJCAllY IU!ACTIVE PAPER . THf BACK OF THIS DOCUlo!fHT INCLUDES A TAlo!PER EVIDENT CHIEIIICAl WASH WAIININO BOX fil

• .... •

. . . . . ..... . . ....... ' :·: . . .

WELLS FARGO BANK, N A L 5 7 O 6 2 4 g GRAND JUNCTION

001391

PAY TO THE ORDER OF

WOLCOTI LLC 729 BOOKCLIFF AVE

GRAND JUNCTION, CO 81501 7428 (970) 241 -7 146

State of Texas

GRAND JUNCTION, CO 81501

1/7/2015

$ .. 8,750 00

Eight Thousand Seven Hundred Fifty and 00/1 OQ*••••••···•••••••••·•········ · ···········•••••• •••••······~····~• •••••••• DOLLARS

State of Texas

MEMO 0 ..... ,,,

" . u~ J

• ..,,. ... "<t Lease Payment

MEMO

WOLCOTT LLC PH 970241 71 46

729 BOOKCLIFF AVE GRANDJCT,COB ISOI 8 107

Texas General Land Office Attn Drew Reid 1700 N Congress Ave . Suite 935 Austin, TX 78701 -1495

Processing fee - Margarette Jeanlouis or Jean S1lenc

11•0 ~ 70 g 211•

US BANK 1~705365

. . ...... . .. . . ... • . . ...... . ....

• • • . . . . . ...... . .... . ....

017092

12/15/2014

DOLLARS

PAY TO THE ORDER OF

WOLCOTI LLC PH 970-241·7146

729 BOOKCLIFF AVE GRAND JCT, CO 81501 ·8107

Texas General Land Office

..

US BANK 15706247 017137

1nt2015

\ 0 5000 t$

·~

Fifty and 00/1 oo· ..... ·······················•·················· .. ······••••••••·•·····•••• .. •••*·············••••••·•••••••••• ........ DOLLARS

MEMO

Texas General Land Office Attn Drew Reid 1700 N. Congress Ave , Suite 935 Austin, TX 78701 -1495

Filing Fee - Louis, Louis

11 • 0 i 7 i 3 7 111

\

' ---7~ {tZa:__:::7,;~~~~~~~::::,,=...L _____ Q v~GNATU IC '•o.s"'

1/7/2015

Lessor Description Total Bonus Wire

-S2SENWSE Sec 12,

Margarette Jean Louis Block 71, PSL $8,750.00

()(;L 11 14 1554 --N2NENENE Sec 12,

Margarette Jean Louis Block 71, PSL $8,750.00

::>GL-11-14-1631

Total $17,500.00 $0.00

.!... File No. M \= ( J 17, 'l,'j

~(il(l\AOWan0'. E&& _,..

Date Filed: r;~ -1 r George P. Bush, Commissioner

By 5¥ ---

-.iLaft410ffl<• R ......... •-t Act LH .. '°"" R.-, s.,,t-be< tN7

l~ 00:.>:15 I ILL O f OR nt CORO

RI (VE~ rouNTY. THAS J ;m on 10,., t Ol :t!} uo f"M

.. . . .... . •••••• •

• .... . . . • ...... . . ~ ustin, '<!Cexas

.... • ....

G>ve---1

OIL AND GAS LEASE

ud 9ge111 t,e,.., refe"9d 10 e• thl - of thl ao4I (wtlether - cw more) •nd .1JWr.i;Pk"ASJllldl11...1L .. L,i.C'--------------- --

ol 729 Bgokg !I AY• Go!Qd Jwv;1P) CO D J®I ~----· 1 ORAHTINO CLAUSe. ror ind In conald1re1,on ol lhe emount1 ateled below end ol lhl covenen11 end egfffmenu to be peel •ep1 end

perlonned by ~ under th• 18111 Ille Slat• ol Teua 1c1ong by end tllrough Ille owner ol lhe IOol hel9by grents II•- end 1119 unto LI- few lhe sole encl only purpoM ol proepect,ng encl dllll,ng tor end produong Oii end gn laying p,c,e lonH bulld,ng l.8nk9 atorr,g Oii 111d bu«l.ig powef

,._,...,. w.pt,one lone• encl - llructllrH __, lo produc» uve tal.1 Cl'I ol, IIHt end uanapot1 ...i p,oduaa ol tt,e i. ... Ille ~ tend• attueltd III lllml..County Sia of Texn IC>·"'~

S2SENWSE Section 12, Bl«k 71 , PSL

To thl Stall ol re..,. YAN DlPYIIOA Stxto Hlll)dr~fd-•Oll- fw!C~v...._ _______________ _

OoM1ra (S,._8.,_1 .. 50._oo-.. ______ _,

To thl Sia11 ol T1u1 E!Abl Thouttnd ktto Hundred and[ ........ _______________ _

Oollera ($§ 750 00 I

Totel bonus COMlderabOn s,mtuo JbovHQd flYI Nw0d'!Kl ... •.'!d ....... no1 ...... 1 .. oo.._ ____________ _ Ooltera ($)7 500 00 >

Thi tote! bOnwS conulllrol,on PHI rlll)(9senl9 e bonus o1 ... r ,.hr"'11t11.._.T,.bAY-•"'• .. Od ... EulYlwr...1..1H,.ynd{"""ltdll>LJQ9,'Cen_,_ .. I)...._ _ _____________ _

- --- - - ---- ---- -- Dollars 1sa..m 00 ) per ecre on~ net ecrn

l TERM ~ lO tilt otl'III prov,s,ons II llw ltne '"" teue 1118 bt IOf t leffll ol ~,.. from UNI da11 , _ celled PR'1'elY tenn") encl e• long ther1elllr H Oii end gH O< e,t/llr ol lhem • p<Oduc.d ., paying quen~t'" from urd i.nd N uMd ., lM ... ,.. tlll term "p<Odueed In paying quentitles" ,,.....,.. thM tt11 r-opls from thl 11'1 o, ott1111 eulhonzed comme1e1111 UM ol Ille 1u1>11ta11e1(s ) c.ove..cl IACNd oul ol IIOCkM Ol)e(IUonal expenaes for 1111 s111 month• I.st pest

OGL. I 1· 14 · 1SS I

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TRUE & CORRECT COPY Or

ORIGll\AL rt LED IN RLCVf"S CO NT Y CLLRJ...~ 01'1-ICE

... • • • ••• • ...... • • •

3, DELAY RENTALS II no weN is commenced on the lelsed prem-. on Of before one ( 1) )'911 from Um d1t1 th• leue II\ tem'ln.111

unless on Of bef0<8 such 1nnM11N,Y dale Le1&ee shall pay Of tender to Ille owner ol the 1011 Of 10 hos c;red~ In the ____________ _

ht Exhibit •t,• Bank ••-----------------------------­OI u aucalUO<'I (*tuc:h anal c:onhnuo II the depoalto,y reg1rdle1& ol c:hanget ,n the ownentup ol NOCI llnd). the -nt apedied belOw "' ldc!Jion Llllff ah1II pay 01 tender 10 the COMMISSIONCR OF THE GENERAL LANO OFFICE Of' THE ST ... TE OF TCXAS AT AUS TIN TEXAS a .... aum on Of bef0<8 111d dale Paymenta under th,s p11egraph ahall ope,.te II a rental and 11\1111 cover the p,Mlega of delemng the commencement or a - 11 '°' one ( 1) yee, from alHd date Paymenta undef th• p11eg181)h aha I be ,n the roao.,,,,g amount,

To the owner of the 1011 =>--------------------- --------Ooll1rs <S~N~IA._ _______ _

To the Sll!e ol Te•11 I.JI.Iii... ____________________________ _

Ool~rs <S~N~IA~-------~ TOIIIOelayRental u:.c>-------------------------------

Oollars (Sl!ll~A._ __ _

• • • • In a like manne, ind upon e payments or lenders annu1lly the commenc.menl ol 1 -• may be lur1her defened to, aucc .. ,,.,. pelloda of one ( 1) • • • year each du1tng the pnma,y tenn M payment, OI tenders or rental 10 t"8 owner ol lhe ao~ may be ....- oy ct,eck Of light draft ol Les- Of eny

• usig,- ol th9 leue and may be delMtred on °' before the rental pay,no dete If the b1nlt. dnlgn1t.i on th• Pl'911f'll>h (OI u aua:euor bank) l/lould • cease 10 •••II 1u1pend boslneH. llquldete 11• OI be auc:c:oeded by enothe< Denk 01 for any rHaon fal OI .. rus. to accept rent•~ lea- ahlft noc be

• : • • • : held In default IOI !allure 10 mike auch payment, Of tenders ol ren111 unli lhllly (301 days after the owner or the aool shal deliver to Lessee • p<oper r900<dab4e lnatrument nam,ng anothe< bank II egon1 to rece ve auch payment, OI tenders

• e • • • • PROOUCTION ROYAL. TIES Upon procluc:l,on ol Oii encl/or gH l.H&ff eg- 10 P•Y OI CIUM 10 be PHI one hell (112) ol the royally

• • • : prOYlded I01 In this leaae to the Commtu1one1 or the General Land Office of the Stele o( Texat. 11 Autlln. Texaa and on•h•lf (1/2) ol tuch royaly to the owner or the sOII

(A l OIL Royelty payable on oil whlCh • dellnld II onc:lud"'!I at hydrOClfbont p<oduc.d 1n • liquid form It the -h ol the wel end alao as

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ell condensate disttlll\41 end othe1 liquid h'/(lroe11bons 1ecovered from otl OI gas ,un through • MPIIIIOf Of othe< equ,pment II her .. n.1n.r pro,,Jded p ahal be .1.l!J)arl of the gron proctuc:llon OI the market v1lue thtreol II thl optJOn of the owner ol the aoll OI the Comrn,u,one1 of the Gen.,., Lind Olfoca auc:h veluo to be determined by 1) the highest polled price, plus premium d any olferld OI paid fOI Oii. condensate dislillilte OI othe( liquid G hyd1oc:1rbon1 respea!Yl4y of I lll<t type and gravity tn the general ar11 wllere produc:.d encl wllen ,un Of 2) the highest ma<llet pnce thereof offerld or paid ,n the gene,., e1e1 where plOdUOld end .. 11en run OI 3) the gross proceedt of the tate the1eol wn~r os the greater l-egrMs that bef0<e 1ny gat produced from the lellld premises IS tOld, used 01 proceHld In a plent • wol be run ''" ol cost to thl 1oy11ty O'NT\ers lhtough 1n lldequate 0,1 end ges toparatOI of convent1on1I type OI 01he1 equ,pment at tent II eff1CM1nt ao that al IIQuld h'/(lrOClrbonS 1ecove1able f,om the ges by tuch meant O .. be rflCOYlred The reqwement thll wen g11 be run through I teparatOI OI olher equipment m1y be Wl""9d on wnung by the royally owne,s upon suc:h terms end condCtons II they presc:,lbe 6

(DI NON PROCCSSED GAS Roya~y on eny gas (1nc:lud,ng flered g11) wntdl II defined II 111 hydrOClrbonl end QIIHIOUS auballnc:M not de ned II otl In tubpereg,.ph (Al eboYo produced l,om eny wen on uOCI lend fexcepl II provided he<eon Wllh ,._.::i 10 g11 p,oc:euld in a plant for the eldllCl,on ol gesolne l,quld hyd1c>c:111:>on1 01 other produc:ta) aha be l.l!J)ln ol the grou produc:t,on or the market v1luo thereof II the opt,on ol the owne, o( the tOII or the Comm•stone, of the General Lind Olf,c:o such vt1lue to be blsed on the highttl marl<II pru paid 01 olfered lor g11 ol comp11111>1e qualKy III the gene11I area where produced and when run OI the groaa pnce paid or offerld to the proctuc:o, wntcheve, • the gr11ter pmw!ld the! the me"""um p,essu .. bese ,n me11u1ing the g11 unde1 this te1ae 1h1D not II lfl'/ Imo exceed 1~ 65 pounds per IQUlfe IIICh 1blolut1 end the 111ndard bue tempef1ture lhlJI be sMy (60) degrees F1hrenheot CiOfleCbOn to be mlde IOt pressu,. ICCOtd,ng to Boyle a Llw and for specific gm,11y according to 1111s mlde by the S.tance Method °' by the III06t epproved method ol tucing oe,ng UMd by thl lnd\at,y II the trne ol t•tsng

(C) PROCESSED GAS Royally on any g11 processed tn • gnoltne plant OI other p 1nt IOI the recovery ol gatoline Of othet hquod h'l(IIOCllbons 11111 be l.l!J)ln o( the residue g11 encl the hquJd h)'dtOCilrbonS extrlded Of the market v111M thereof 11 the optJon of the owner of the aOlf 01 thl CommlHiOnl'r ol the Gene,., Lind Offa M roy11111a diM hereon shel be blMd on one hundred pe,cent (100' ) ol lhe tolll plent PIOductJon ol realdue gaa attrlbutllble to gas produced from thta teen. and on filly pe1cent (~'4). 01 thet pera,n1 1CC1U1ng 10 Leasae . ...tllc:heve1 IS the gr1a1er of the tOIII plant production ol l,qutd hyd10C1rbon1 a•tnt>utable to the gu p<oduoed f,om thla le1se prOVlded that K llquOCI hydroc.rbona ere 1ecove<ed from g1s p,oc:esaed In a ~nt In .. hell LeHee (OI ta pa,ent. 1ub&OC1ia,y or all\lilte) own, en 1n1ernt then 1"41 pe,centege eppllClblo lo llqutd hydroc:emone w• be filly percent (!SO'W.J or the highest peroent acc:n,,ng to a third party p<ocessw,g gH through auc:11 ~nt under I processmg 1greoment negoti1ted It arm a length (or ,, there • no such third par1y, the htgheat percent then being apec,fted ,n proc:ess11111 ogr-,.ents or COl'llraat 11'1 the lnduttry). wlltdlever ta the g1Hte1 The 1Hpec:t>ve 1oyaN- on resOClue gu and on liquid hydroc1rbon1 &hell DI dlterm1ned by 1) the highest market pnc:e Plld o, olle1ed for eny ges (or llqutd hydrc>c:1rbon1) ol compareble qualcy on the generel are1 o, 7) the gross p,a Pllod 01 off rid for aoct, residue g1s (or the weighted everage g,oes setttng pnce ror the ,.apl!CI w gredes ol llquld h'l(lrocetbons) ..t,ochevel II t~e g,11111 In no _.,. -., ahel the royaij ea payable unde1 1h,s par1graph be losa then the royaltiet wnoch would have been due hid 11111 g11 not been processed

(0) OTHER PRODUCTS Royelty on Clrbon bled< sulphur OI any olhe< p<odUCIS produced OI menufeaured l,om ges (lxcept,ng !,quid hyd1oca11>on1) whlthe1 uod g11 be ·e1""'11heed ·dry · OI eny othe11111 by frec:t,onat,ng borrung or any othe< proc:esslll(I thlll be l.l!J)lr1 of the gross p<oduaJOn or such produds or the market vatue thereof at lhe opt,on or the owner of the aoot or the eomn.,ioner ol the Genetlt land Office aucn m1rket value to DI determined II follows t) on the b111& or tho hlghett merket pnce of each produCI fOI the same month In wtlic:h such p<oduCI • produced or 2) on the blllS of the everege groH aall pra ol eedl product for the tame month n which auc:h p<OCluc:ts are p<oduced wh,c:heve, • the grea1er

5 MINIMUM ROYALTY Ounng any yHr after the exp,rahon or the pnm1,y corm of thlS leeae d th• lease• mell'llall'lld by p1oduct,on, the royetuea peod under thll leese In no r,ent aha~ be leaa then an emount equel to the total annual oetey rental here,n p<OVlded othe<W•e the,. lhllC De due and payable on Of before the lest day of the month aucceld,ng the 1nnr,eru,y di•• of this leHe 1 ,um equll to the totel annual ,.nllll ten the emounl of roy11tlea p11d dunng the pre<:ld1ng year If P111g11ph 3 or th• leHe does not spec:,ly a deley rental emount then IOI the pu~ ol tn• pa1agraph_ the delay rental amount theN be one dollar (S 1 00) per ,ere

I ROYAL TY IN KIND Nolwothatand,ng eny othe, pro,,...,.. ., thts teese at any 11me 01 rrom tme lo tme tho owner of the IOlf °' tne Commiatoone, ol the General Lind Office mey at the oP(ion of • ther upon noc less than 1011y (601 d1ys nota to the holde< ol the leHe -.q111re th1t the payment of any ,oyak111 accruing to auch royally owner under th11 lease be made 111 ••nd The owne1 of the aoll • Of the Cornn.a- ol the Gene111 l 1nd Offlce a nght to tll<e ltS royetty 111 kind 1hal not dtn1tn,sh OI neg1te Ille owner ol the ao~ a 01 the Comtn11110f>e1 or the Generel Land Off,c:o s nghts or Lessees obltgetJons whether express or rnploed undo, th• lease

7 NO DEDUCTIONS Lenee egree, 1na1 all 1oy1ltteS ICC"JUtng Undel lhta lease (including those PIICI 11'1 kind) ah1n be WllhOut deduction IOI tne COSI of produong gather,ng llortng ael)llrat,ng tr111,ng dehyd111tng, compreu1ng p1oce111ng transpol\tng and otherwou making Ille ool gas and other p<oduc:ts he,.unde1 rHdy for tall 01 .- t.essee egrees 10 compute and pey roy••,.. on the g1on vt1tue ,_Yid ll'ldud•ng eny ,_nta IOI 11ve .. nce IHH Ind p<odualOfl related COits

a PLANT FUCL ANO RECYCL.EO GAS No royahy shin be payable on any gat H "'IV repretent th•• 111se • propot110nlle 1h1re of eny luet uaed to proceu ges prod~ hereunder 111 1ny p1ocess,ng plant Notw,thJtand,ng eny Olher provlSIOII of th• lease and •ubteel to the wnt1ln consent ol the owne, of 1ne aool end the CommlHIOner or the Gene11t Lind OfficAt LAtHee may recycle 11•• for gea 1111 purposes on the leeMO pr-es or to, tn,ect,on onto eny oil 01 gas produc,ng lormat,on under1y,ng the 181100 p,em,sea 11181 tht llqutd hydroe1r1>on1 conta•ned 111 the gH ha,,. been removed no 1oy1ltlot &Ital be payebte on the 1ecyc:led gas unol N 11 p<oduced ind acid or used by Lenee tn a m1nne1 wnlCh entrtles the royelly owners to a royally under tnis lease

t ROYALTY PAYM NTS ANO REPORTS All royeNies not taken in kind 1ha1t be l)IIOCI to the CcrnrTMaalOrler o( the Gene,al llnd Ofllce at

OGI It 14-1554

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TRUE & CORRI CT COPY or

ORIGINAL f"ll. l:D I:": RE[VLS COLI I\' CLLRKS 01 l·lcE

P1ymenl ol roy1ly on production ol Oil end QII W I be II P'O'l'Cled ., lhe NIN tel tOfltl on the re .. , ~- RIIIM curret,lty p,ov1lle 11181 royally Oii Oii II due Ind mlllt be rec.~ In the O.nenol L1nd Ofl'oCI on °' beto<e !he ~h d1y of !he MOOlld month 1UCCNC1,ng lhe month ol p,oducuon. 1nd roydy on gH II due end ffltlll be ,-f\led In Ille Generll lend Ol'r,ce on °' before Ille 1 ~ day of Ille UQOlld month aucceodong 1ht month ol pn,ducoon ec:compllllld by the a'fodev• ol Ille °"""r men-oei °' other 1uthonied egen1 compleled 1n the '°"" 1nd """'* p<..a1bed by the GeNtfll llfld Ol'a Ind li'lowlng lhe groH ""°""' Ind diap09<IIOII ol • • ool Ind QII ~ end IN mlJl<lt ....... ol 11,e ool end QH logethet .. rt~ • c,opy OI 1n ooa.menll l'IQOlda °' f9l)Ortl connnn,ng Jh• grou p<Oducllon. d,1posn10n end metl<ef ••Jue indud,ng gu miter ,.ad,nga pipeline rec.,p11 gn 11111 m:e,pea Ind Ofhef chlckl °' "*-•nd• of 1mount produced end pul Info p,pellne1 t1nk1 °' pools and g11 "'" °' ges 11orege end 1ny olhe, reporu °' rK01d1 wll,c;h IN Genefll Land Office may requu 10 _.,., Ille grOH prod\lct,on d .. pos~,on Ind ffllll<lt •11111 In • • caMI the lu!honly of I ffllllllglf Of lgl<'II to ICI for lhe Leuee here n mue1 be fled In lhe Gene<1l Lend Ofl'a EICII roy1fty payment lhlft be ICICOfflPll\led by • dlld< llub acheduie aummery or 01hef remc11nce edY\ot ahOwlng by the esslgl\lld Gene11I Lind Office leaM number the amount of royally be,ng paid on ellCh lelM If L ..... peys V hlll royaNy on Of befOfe lhorty (30) days 1fter Jhe roy1Ny p1ymenl .... due lhen Lenee 0...11 • peoally of 5% on lhe roy1Ny °' S25 00 whichever 11 Q g191111 A roy1~y peY'Mfll whoeh II OYe< IIWly (30) d1ys 1110 lhal aa:rue • peoally of tO'llo of the roy1lly due or S25 00 wh~, Ill grHJer In e<ldi"'" L

: • • • • JO I pen1~y roy.JIJea 1h1• 11CC1U1 lnle<HI II I ,.,. of 12'4 pe< ylll 1uct, intereat ., begin 10 9CCr\ll -.hen lhe roy1ly 11 -y (IIO) cuys oo,e,uue • • • • Allld1vu and auppon,ng documen11 wh,cl, ere not filed when due ah1l incu1 1 pen1ky In 1n emount aet by lhl Oenelll I 1nd Offa ldtnlnlllflwe NII

• which II effldlve on Ille d1t1 when the allidav,ll °' 1upport,ng documenll -• due The leM4e 1111111 bear al ~-y for pay,ng or caua.ng • • • • • • royH• to be pal 11 preacribed by lhe due cull p,O\llded herein Peymenl or the de1',,quency penally 1hal 1n no --.y ope111e IO prohlbl !hi Suire I

• • r,ghl of fornl<lu'll u PfO'#ldlcl by Jew - ICI 10 poaq,o,,e 11'1 d111 on wt,,ci, royll..,. _,. or,g1n11!y d... The lboo,e penelly .,...,..,..,.,. 11111 nol 1pply "' cane of Ii•• d,apu,e u IO the Si.11 , POfllOn Ol lhe roy11ty °' 10 INC port<>n of lhe royally in d1tpute u lo fa,r marl!et value 1

•••• 10 (A) RESERVES, CONTRACTS ANO OTHCR RCCOROS LH- 1h1M ennually h.imiah the CornmoulC)net of the c;.Mral lllld Olla • woth Its .i poasible ••ma•e ol ool end gu - undetty ng IIW .._ or a!!ocaboe IO ""' i.- end 1hal ,.,.-,, NJCI Commit- w,lh c:op,ee of ... conlrec:11 Undef ""'di gn 11 101C1 or prOONMd Ind •• IUIIMquenl ~ntl ar,d --· IO lucll oon1111C1S .. ~""' llwly (30) cuys I~

1 . . • • : • • • : entenng Into Of miking 1uch con1111C11 eg,_nll Of lffllndmenll Such eon«re(O Ind 111-nta when teC*\led by Ille O.nenl Lind Ol'lcl 111111 be

held 1n confidence by lhl Generel Land Offa unlna DI'*'" ... auo,onzed by L..,.. Al other oon1,.as end rlCOl'dt penaonu,g Ill Ille proc:tuct,on ran~toon Ille end merhl,ng ol 11'1 ol Ind gn p~ on NICI p,em<111 lnduding N llOOl<_s end accou,u rect1l)IS and dllCl\arges or 11 .,...

3 6

• •• e la,,., poo1a meten a"CS ~..,.., ahal al a l 1m11 be autJtl(:I IO"''~ IINI • ._,,on by lhe ~r ol 1111 Genet•• lend .ce ,.,. • • • : Anomey Genetel Ille Govemor °' t~• repre11ntawe of any of lhem

(8 ) PERll!ITS ORIU.ING RECORDS Wl'IM!n nola of 11 operllON Oii lhia le111 lhll be lubmoll9CI 10 Ille eomr-.- ol the Gene,11 Lind Offa by LIIIN o, _..,or !Ne (SI days bftlona 1pud d1•1 "'M',OWf re•Mry tempo,a,y ~ Of plug llld abendoi'"*C ol 1ny wel or P wetJa Suell ••mtten - 10 lhe Genertl Lind Olra ahal 11\dude cop,e1 or Railroad Cotnrntu'°" IOfma for 1pp11car,on lo drill Copes of-• 11111 G oompiet,on repo,tl Ind plugging reportS 111111 be to11ppl,ed Jo Ille Generll lend Offa 11 the ume they ,,. ftlld Wllll lhe T .... Raolrold eomnws,on All ·~ penn,1a repo,u or ocher r,1,ngs thel re'etenc.e "'• IMM o, any apecl1'c-l on lhll IN9ed - •'Id lhet 119 autirnoa.d IO Ille Teu, Raltrold C-°' 111y othef ~1 ag....cy lhll onc:1uoe Iha "'°"' ·s1a1a· 1n the lft Add«ion1ty ., accord.- ... Rainlld eon,,_, rules 1ny 1ignege on lhe leased .,,.,..,_ fOf the - of dentoly,ng .,,.h tan be"- or Olhet 1uocoa•~ ,mpt0\,'9ffl4lllla 10 lhll land mull all() Include 1he woro ·s11r1 • Lu,,.. ah1ll 1uppfy Ille General Lind .c.e .,,u, any recotd1 memor1ncu, ,ccoun11 reports Qlllongs Ind oo•H °' other Q 1n1o<m11oon ,.lallvl 10 the ope,aton ol lhe at>ove-delUlbed prem .. , wtllCh may be requllled by Ille General Lind Offic.e in ldd ljO(l 10 lhoM her111 G e,q><eslly prowled for le .... ahall hive 1n elednta lndlOt radlOICl...,Cy sun,ey made on the ~ho• MCllon 1,om lhe bite of the IUlfaoe C1"'1Q IO lhe IOIII deplh of wen of an Wiiia dr-led on lhe at>ooe deaeribed P,lffllM9 and 111111 1ran.,.,,.. • true oopy of the Jog ol eldl lutYey on •acti ,.., lo the 2 Generel Lind Ql'r,ce """'"' ftfteen ( 16) d1ya ,ner 1he mek1ng DI Hid aurwy

0 (Cl PENAL TIES Lll8" 1n1• lnCul I penaNy wllene .. , rtporll doctntenll or Olhlt mater11II .,. nol liled WI Ille Genetll Lind or.c. ..... ,,

due The penalty for Ille f,ung ,nan be 111 by lhe Gene111 Land Off,oe ~m,n 11111,ve NII wt .. ch is effecl ve on lhe dlle """"' lhe metenell ,..,. due in

1ne General Lind Office

11 DRY Hou:/CCUA TION OF PROOUCTION DORING PRIMARY TERM If dunng lhe prmary tetm hereot end pn0t 10 d scovery Ind product,on of oil °' OAI on Hid lend L ..... ahouid dr• a d,y hole or hole• there«! Of II dunng lhe prma,y letm hel90f alld 1!\e< the dllCOYlry Ind 1ctu1l product,on ol od or ges lrom the IIIMd prem1111 auct, p,oduci,on !hereof 1hould ce- 1,om 1ny cause lh11 lelM 1h1I not tem,,nate d on or before lhe expnuon ol -, (60) d1ys from d11, of complet,on of aald dry hole °' ce1111Jon or product<>n L11sff oonwnencea 1ddot,on1J dl\l,t,g or ~ opereuona lhere«1, or pa,s or Jenden !he nexa 1nnual delay..,,.., 1n the..,.,..""",,.,•• p,Olllded II lllll leaM If d~mg the list year of lhe pnme,y lltm Of ... ~hon •""Y (IIO) days pnot lhetelo • dry hole be completed Ind lbendoned Of the producbon ol ool or gn ahol*j CHM lot .,,, CIUM LellN I nght, ahll remain 1n h.il forte 1nd etfea Wlo-1 funhet opereuon, """ the ••pwll,on of the pnrnary term ind 1f Les- 1111, no1 ,....,,,..., product,on In paying q.,...111,oa 11 lhe exp,<1t,on of the pnmety ,...,, L- may """'UI"' th• 111141 by conduct.ng edd•oonel dnlW,g Of r..,orlting Ol)l<IIIOIIS punUIIII 10 Plfllgll;,lt 13 us,ng !he expnt,on ol lhl prma,y lltm n 11>1 da11 ol CMNlClll ol produao, uncllt Peregrepll 13 S"°'*I the lnl wel or 1ny lul>Mquenl -• drlled on Ille •-~ lend be a,mpiet~ • • ah.r. .,. ool °' 011 .,.... "'""" the prynery Je<m het.ot Lia- mey 19su,ne peym9nt ol lfle 1nnual rent11 w, ll'e 111111 marine< 11 p,O\llded herein on °' before lhe rental pey,ng d111 1.-.ng Ille 1xp,r1t,on or 1"'1y (60) deys lfom Jhe cute of compleuon ol auch 1/lut 1n ool or g11 we I elld uc,on the faolure to m1Ke auch payment. lhd 1ea11 lhal rpao fKlo lerm...ate tt al lhe expnt,on of Iha prwnery term or any lffll lhl<ea~e< a atv..n O<I or on wet II loca'ed on 11>1 leaMd ~ paymenll ,..,, be - 111 10C0tdan<.e ... tne-""'., pr--~

12 DR.JWNG AND REWORKING AT EXPIRATION OF PRIMARY TERM If II lhe 1•1>~1•,on of the prmary tem, nellher Oil nor QAI • be,ng produeed on Mid land bul Ln8" • the" engl9ed ,no, °' ,....,,,."'II ope,,•,o,,s the•IOII lhll leue 1hal ,.,,.,..,, in 1o,,:a eo !Ong n Ol)l(IIIOIII on Mid,.., or for~ "'r.-t<,ng ol eny lddo:ional -'• el9 p,oeea,led 1n ~ flltll 111d ,n ""Cltlime••-, .,,._"" ~ totung fflOl9

lhlll llXly (60) cuys dUflng '"Y one IUCII operel<>n end If t"41y re• ... in lhe prod~ of Oii endJ« QII IO long thelWa~ .. 11 Oii ·- g11 II produ<Ad in paying qu1n111,e1 from uld lend or payment of 1hu« n oil or gu wel royaNoea °' oompensllory rota•'" II - H pr(Mded In lhll leHe

U CESSATION, DftllllNO AND RCWORKING If a the ••twll-'°" ol !he prm1,y 10tm produWon ol Oii Of g11 tram the la1Md pr- efler once obl1111ed "-Id OIIM lfom any ce.,.. th• 1111141 1t>1r no1 ••,,,,.,,•••, L.._ oonwoeoc• edd!I0\11 ooiw,g °' rew?fll,ng opera,...,, W'th"' 11X1y IIIO) d1y1 aner ouch c:uution ind Jh• Je111 1h1I ,.,,, • ., 1n full fo,oe 1fld effect lo< IO long 11 luch operallOne continue In ~ f1~h end in -.otlunanll<e ffll/lnet .. ~houl lnlem,ptoon1 ioi, ng mote tlllln IIX1Y (IIO) d1y1 II auch dtilllng or r-1iing Of)l(atlOM mutt "' the product,on or ool or 1111 11,., 11111 1hllN ,.,,,,., in ,.,. toree 1fld eNea l\lf eo long" ool °' g11 111 l)(OduOld horn 1111 ilued - "'pey,ng qu1~1i1- or pa~nl ol 11\1.t.,n ol °' g11 well royatt- °' payment ol c:ompena11ory roy1~,e1 • m- 11 proYrded he'91n Of II provided by la"' If the dnflong Of ,-ot1,,ng oper11,on1 resul 111 lhe ~leJ,on of • - I H • dry hOle the laaM will not Jetm•nlle I Ille LHaee c:ommenc:ea lddot10n1l dnl,ng °' rewooung oper1uon1 W'lthin &Olly (IIO) d1ys 1ft1< Jhe comJ)lotoon ol lhe .... u 11 • dry holo. 1nd th• leHe ahlil reme1n 1n efled 10 Jong II L•-conllnues dr• ,ng °' rewon<,ng opereuons w, ~ f11h and 1n I worunanWoe menne< ""1houl 1nterrup1oont 1ota~ng ITIOlll lhlln 1,xty ,eo, dlYI L"- 1111~ g,.. wntten notu 10 Ille Genertl Lind Office within lhitty (30) cuya ol any ce1111,on of produa.on

U S HUT-IN ROYALTIES For purpo111 of lh•I pa11gr1ph '\Nelr means any welt lhll hll bffn Hsigned I weU number by lhe 11111 egency haVlng fllllldlCtoon OYlf Jhe product,on ol o4 and g11 If 11 1ny 11rn1 afler the exp,,11,on of lhe p,lffllry tetm ot a 1111ae that un1,1 being shut in wu beong me.........S in fOfCI 1nd effed 1 -~ capebla of PfodU<:<AQ CMI or gu in pey,ng quanbt,.. II JoQled on lhe leued p,.,,..., but ol Of 111• • no1 be,ng produced lor lack of auUble produc,t,on fec,<~111 or Jacil or • 1uob,e mertcet lhen l- may pay 11 • lhut '" Oii or g11 roy1lly 1n lfflOUnl eq"81 to double the 1Mual rental pro,,,ded in the Jea11 but no1 leu lh1n S 1 200 a ~·· Jo, Hc:h -• capabla of produang ool or ga1 In paying quant,roes tt P1reg,ap1, 3 ol lhtt 111141 d09I no1 specify • delay ren1a1 amount lhen for lhe purpoMI ol lhia perag1aph the deily renlal emounl IIIIN be one dOllt (SI 00) Pl<_. To be el' ,ve each.,..,.. ahul·ln ool °' gn royuy must bl paid on o, befona ( 1) the -11,on of Ille prwna,y term (2) eo cuys a~e< Iha lessee caaMt 10 produce o4 Of gas lfom lhe lallad prem, ... or (3) IIO d1,s •"er LeeSff completH a dnlllng °' rewor1<ing opewion III aoooRlanoe ..,.th lhl 11,11 proYIIC>fll .. ~r d1te Ill IIIHI Such payment 11>1• bl midi one half (1/2) 10 the Comn.110ner of !he 0-,nerel land Ol'a Ind -hlM (112) to lhe - ol lNI l(ljj If lhe ahul.,n ol or gH roye~y .sped lhl lelM 1twll be COll9adel9d lo be a producing le1M end the peymenl lhll •"' nd the term ol lhe Jene for a penocl of one yea, f•om Ille end of Ille pnma,y term or lfOtTI ,.,. fnl day of 11'1 fflDfllh lollo,,,,ng 1he monJh "' _,. p,odudlon caned 1nd 1fta, tlll\ , no -- producloon IICllot,.. °' IUUble m1rtoec lo, lhe ool o, gn •- l•MI ""1 ewtend Ille INae for lour fflOl9 ,uccou,ve penod1 of one (1) yea, by paying Ille 11m1 ernounl each yur on°' befOfe lhe upwat,on of aid\ lhut.,, y11,

15 C E ATC>ffY "OYALTIES If d<IMQ Jne penod lhll 1eaM" kept in ef'ecl by Pll'f"enl ol lhe """"" Oil o, gn ro-y1lly oi or C>II • told end de ~ in pey,ng quan1 t I lrom a we located .... ,,., one 1nousand ( 1 000) fotl ol lhe leHed ~ ,.,., oompll'lld in lhe Hme produang

OOL 11-14-1 ~54

1 Rl I & CORRI ( I OP'I 01

ORIGIN,\L I ILi DIN RI h VI ':) CUL I Y CLER~ UI I ICE

resen,m °' in any a. ., wlloCtl o,-.ge • OCCll""'"ll the nghl to cont.,.,. to,,...,..., the 1a ... by pay,ng the II\IJt ., °" °' gas royalty 1hal ce ... w the laase lhal ,......., 8'1«1Mt lot the ,..,,a...oa, ol the yaa, '°' "'hod> the roya•y has bffn pacl The ~ may ma.nt.a.., Che lane for lout """' IUCCIUMI years by L•- paying -,,pensato,y roya"y at Iha roy111!y rat, pn1vodad an the laaM ol the mall<et value ol produdoOtl from lht wel caus,ng the drainage °' which IS completed in the same p,Oducmg reservotr and within one thouaand ( 1 000) ffft of the laaMd l)(afflllft The compenuto,y roya~y • to ba paod monthly one·n.11 (117) 10 the Convn<&lioner ol the Gena<al Land Olhce and _11,tt (112) to the owner ol the eo,I t,eg,nn,ng on°' befO<t the IHI day ol the month follo,,,,ng the ffloOtlth in whch "" Oii °' gAI .. produced from the .... ~ the d,, ... °' l"'1 • <Xlffll)ie!ed ., Illa ..,,,. producing ,._,,,, t and located-,..,, - lhouund ( I 000) IHI of the laa--- U Ille COffll)ef\Ul<><y IOydy paid Ill any 12-<N>ntt> penod • an amount Ian than the AMUal shut..., °" °' g11 royehy L- 1111• pay an .,,_,,. eq.,.f to the d r,.,.nce .,. ttwl thirty (30) d8Y$ lrom tt,e end ol lhe 12·month penod Compenaato,y royelty payments whch ire not t,mety pHI ri 1ocrue penalty ind Interest In IICCOtdance Wllh Pn,gu1ph 8 ol lNI lane None ol 11- l)(OYIStont .,. rel- L• ... ol the obllga\Otl ol reaso,,- -lopment no, the obllgatoc>n to dl1I ollMc ,.... H ptOlllded ,n

Tun Na1..al R-,cm Code 52 173 ._,,., at the oetafflW\MJO<I of tt,a Conwaslone• and Wllh the Commiul0nat'1 wman app,oval tt,a pa1ff*'tl ol -,,penu1o,y royatbH can ut•ty Che obftgeltOn to d11 OIIMI wee.

15 RETAINEO ACREAGE. Notwtth1land"11 any p,ov,a,on of thtl lalM to Iha concraty aner a weR ptoduc,ng 0< cal)lble of producing Oii or : • • • . gn hn bffn completed on tha lauad prem- L-111an •••rate the d,ltgar,ce ol a reasonably l)Ndent -rato, on dn~ng 1ueh add,uonal wel °' • • • . ..... 11 may ba reatonabfy -sa,y fo, Iha p,opo, development of the laaMd ~ and in mallceMg tha ptoduction t'*-1 . • • • • • : (A) 11£.RTICAL In Che _,,, u, 1 lease II on force and ,nac:1 rwo (7> years aller Ille ••porat,on da:, of Illa pnma,y °' ert nded term K 1h1I then

• • te,m.n11, H lo •• of the lallad p,em- EXCEPT (I) • o ICl'H 1ur<ounchng Heh Oii .... capeblt ol p,oduong In pey,ng qu1NA•1 aNI 320 Krtl • 1u,roundtng Heh gn -• cai,abla of ptOduang III pay,ng q"8ntun (onclud,ng • shut ,n Otl °' g11 well 11 p,ovlded In Peragrapn t• ht..«), °' 1 wel

uc,o,, ~ ln..,. • IN!n at,gag4d in -,1...,.,... or6ng °' r-,ng gperaoona o, f'> Iha ,.umt,e, ot ar __ onclucltd., 1 p,oduong pooled und

: • • • • . pu,suatll to T1xn Nahlt91 RelOl#'cn Code 52 151-!>2 154 0t (3) IUCh g,ertt Of 1'11« num ol aaea II may ltleft be 111ocaled lot produc;bon

• J)IJf'IIOMI 10 I ptOtation untl lot .. ch aud, p,oduong _. undet Illa "'"' '"° rtgY tlOna ol the Ra IIOad eomn.-- of Texas Of I")' IUCCIHl<W ncy O< othaf go,,emmen111 I\IIIIO<lly hiving junsdtd,on W II •~Y lime aft• the effecl""' date ol the 1)1111•1 term,,...., Pf'O"ll'OM t,ertol. Illa

• • • • • •~cab .. fltld n,la1 ,,. changed 0t the wea °' _ .. locrtd thareoo ara reclass•~ so lhll teu ICftege • tllere1fttt 1110cated to NICI wel °' wellt lot • • ptoduc:tion f)Utl)OMI U.. u,e lhd theteUPOn termonate H to al ICl'eage not thrU~e, alloc,,'td to NICI wtl °' well lot produa,c,n -

Nor,.4htt.lnd,ng the 1erm1111t,0n ol tin IHM II to I pon,on ol the lands covered ht•eby LHsee shal ~-nhtlau cont""" IO hlw the nght ol r,g,.., • • • Jo Ind egress from the lands 11• 1uqea to th•• la1se fo, 11 pu<J)OIC!I detenbad on Panigrapll 1 r.,eot togelher .,.,tt, e1semem1 and nghts-of wey fot

ex11t,ng roeds, ox11t1ng p1ptt1nes Ind othe r ex,1t,ng faci,rtlea on, over 1nd ICfOM 11 !ho lands d .. c,tbod 1n Peregrel)h t hereof ('the ret11nad t1nd11 lor • • • • 1cc;es1 to and from the rece,n.o llnd1 Ind fo, the gathering°' 111n1po1U1t10n of oil g11 Ind othe• m.,,.,,11 produced from the ,etainOd lands

v 0 L

1 1 J 6

(0) HORIZONTAL tn Che -nt 111,, !UM • "''°'°' - •flea rwo (2) years ... .,'"' tJP,ltJOn .,.,, of the pm,aty o, ·-term I.,,.. p hmht< temw-.te M to 111 CMphl below 100 NI baiow the lo!I depth dnled (""'9tnafte, "dNper lltl>fhs1 w, Nd, wel located on acteegt retatnad., Parag,apn Ill (A) 1bove unla11 on°' oel<><e rwo (2) years 1fttt the pnme,y °' ertendec:I tttm LH ... par- en lfflOUnt equal to one 11,r (112) of the G bonus o,,g,natty pacl n conadttaflon for I'- lease (as ~"'° on 1)19' I htreol) " IUCl1 amount • put U... lelM 11111 ba ,n ~ a'ld elf.a 11 10 such dNPat GePIIII and Ntd ,a,..,.....io, 11111 ba delayed lo, 1n addAionat panod of rwo (2) ye1ra and so io,,g t""9a " 11 Oii o, gas • produc,ad ., partnll quan111., from such ~r depll,a CIOVtted by thll laase

(C) IDCHTIFICATION AND FILING The surface Krtegt ret111Md he'9unde< 11 to each wtl 1hl f II neatly aa ptldtcal be In the form ol a Q square With the wen !Outed 1n the center thtleof °' 1ueh other shape II may ba epprovad by the CommtSstOMr ol lhe General Land Olliol W&hon ) tlwty (30) days 11\er partial I rm«11t,on of th,s le1M II p<ovtdad hetetn L.- 11\al uecut, 1nd recotd I release 0< relNMI con111no,g 1 111•'1C1o,y '} 1eg11 detenpt,c,n of Che IICfH{III andlo, depths not retained hereunder The recotded rela1se °' 1 oen,fiad copy ol ..,,... 11111 bl f~ed in Ille Gane,11 land tee. eccompen,-d by the "'"II fM pt..wt,ad by tne Gena11J Lind Office n,las in ,n.a on,,,. d1ta the rela1M • Ned If l11 ... fa•s °' ,.,._ 1 10 execute 1nd record 1U<.h release o, rete11e1 wtthin n.nety (80) d1Y9 11\e, ba,ng requested to do so by tha <A-al Land Olra than 11,e eomm.,- at his aolo dtl<.rtCIOn may dltl,gn11t by wr en 1n11n.nen1 the ICl'eage Inell<>< dflpll\l to ba relaued heteundtl 1nd r.cotd IUCh 1n11,-n1 a1 Lnwe • ,xpe.,.. ., U.. COUllty °' count .,....,. Illa ,., .. • tocatlKI and In the 0~011 ....,,.,, ol lhe 0.-al land Olla and ....,, CIH,gnat,on 1118* be br'lcl"G uc,on lea- fo, al putpOMt

17 OFFSET W EU.S Nttthe< the bonus deiay rent1l1 not royaMtes paid 0< to ba pacl uncle< th• la•M 1h1I,.....,,. L- of hit Ol>ltga1,on to protld the Oii 1nd g11 undtl Iha •~ land from bl ng dr11nad L11... 1uble1... ,_ °' other agent ,n control of the •­~ 11111 dnl H many ....,. u the f1d1 ma, JUll,fy Ind 1hll uM lfll)(Optlltt me1ns end dlll to 1 ~h -sary IO p,event undue dra"'egt of Oii Ind g11 from the laaMd pt-· In add~- ~ OI andlo, gll thould ba produced tn commtraal (IUlll'llll ... """""' I 000 feet ol lhe ,...., pretnlNS °' 1n eny case where the te1Md p,emisea • oe,ng dre nad by produa,on of Oii °' gu the LfflN. aublellM ._,_ °' other agent.., COnlrol of the leuad prem1H1 1hatt In good faMh begin the dllNlng ol a -" o, welts upon Iha laaMd p,em,se1 ..,,th•n 100 dl'f9 11\er the dt1111111g weN 0t -ns °' tha wetl °' wells completed ..,thin I 000 feet ol the laned pram!MI st.an produong in commeroel quant,t•• 1nd 1h1N p,oaecutl IUCh dnl,ng W!th dil,ger,ce F1,1ure 10 sai.ty tha lt.ltutoty ol!Mt obftgat10n may •ubtac:I lhll ltlM Ind lht -t of Ille - 1 agency nghll to fo<fecut• Only upon Che cletenn,,,11.,,, of the Corrwn,aaioner ol tha Oenetal und Otrtee and ""'1h h11 wntten app,ova m1y the payment ol comper.a1•o,y royalty undet epp6cabla 11a1uto,y paremeletl NIIS'Y Iha obl,gatton IO d'lll lft offHt wel ()( ""'"' reqwed uncle( INS patlgll()h

11 FORCE MAJEURE If allt< I good f1111,•or1 l.ellN • pt-,,t'9d f,om complying ...Ch 1ny ewp,111 0< ln'll)llecl cove,,_nl ol ti-. ltaM lrom CIOnduCIJng dtAng gpe,a1oon1 on u.. la- pt.,,,_. °' fnlffl p,oduong Oii °' gn IYom Ille lea.-, __. by reason of .. ar rabe- -. 11 es ids of God °' eny vaold order rule ot regullllOII of government autllonty then .. ,- so prevented 1.n-• abl,gatJOn to comply ~ suet, oo,,enant 11111 ba 11Jt!)tn(1ad Ind L- 11\al not ba llabla lot damagee for la ure to comply .,, th such ccwe,,ant1 addttlon1ty U.. leue shall be extended wllola L, .... 11 prevented by 1ny such cause from conducting drlltng 1nd rrM>tk,ng oper11ions °' from producing Oii °' g11 from the IHMO prem- However nothing in th11 p1ragreph 1h1N suspend the peyrnent of delay ren11t1 on ordet to m1 n11,n thtt lelM 1n effed dunng the pnma,y tltffl tn the -nee of such dnl•lng O< ......,,,.,ng gperattana °' p<Odu ,on of Oii or g ..

11 WARRANTY CLAUSC. The_, of Iha IOfl werra~II and 1grffl to defend l•lla to !he leased p,emt- If the owner ol lhe IOII defaulta ,n peyments owed on 11,e 1ea.-, prem,,_ thin l.assee m1y red11m the rtgh11 of lht - ol lha ao,I tn the 1a,.-, ~ by paying any rnottaage taxe, °' ot/>er ltens on the leased prelTIIM!I If l ..... me~u paY"*'II on ballaW ol tha -r of tt,e IOtl under th11 paragraph L1&Me may rt<XMlt the coat ol t,,... payments from the rental and roya• ... due tha - of the IOI

20 (A) PROPORTIONATE REDUCTION CLAUSE If the - ol the soil owns ten than Iha lf!l und•"1dad Mtrf- talalt in the ll:lo"9 described land wnathtr °' not Lnue • tnlereat i. apeahad 11a,..., Che" lht toy1N41 1nd rent.st ,,...., pro,,,oed 10 ba peod to the - ol llla IOil 1"81 ba pa,c:t to h<m 1n tt,e ~ wllch h,s '" '"'"' bears to the ent .. undrvtdad surface Klatt and the royaN- Ind rent.i ha1111n l)fOYtdad to be peel to the ComnuslOner ol tha Generel und Of'lce of the State of TexH 1ha be ..... proport,Ot\iltety reduced Ho-,. be,._. L•-~ the roy11ty °' renlll due to Che CommolltOMt of U.. General La"<l Olfa l - °' 1111 1uthO<IZed 19ptfltt\la!M mull Mtbmtl to lht eomm,...,,,., ol the <Ana<1l land Olftee a -m,n statement wlltCh expta.,, Ille d IICftpll'C)' ba-n the "'•'"' putpOfledly laaMd uno. th11 laaH and lht 1ctual 1n1,...i OWMd by thl owna, ol 111, soil Tha Convn•110ner of th• Genetll Land Office 1h1II ba pacl lhe v1tue of Ille whOlt produa.on allocable to 1ny undNldad interest not oove<ad by 1 1a ... Ian the p,oponlonato developm"'1 1nd p<odUCloon ooll 1llocable to IUCh undr,ldtd 1nte,e11 However. In no event shall Iha ConW'ntllionat ol llle General und Off ca ,-es I roy1"y on the gro11 produelton 11!ocablll lO the undivided 1n1,,.., not la11ed 1n ""'°"'" lall than the va ue of one &&XtMnth (11115) ol ~ groes p,oduc;t4n

(Bl REDUCTION°' PAYM NTS " dunng Illa p,wnaty term I potltan ol '"' llnd CIOv8tad by 11141 lalM • lnduded "'""" Illa bound.It ... , ol I pooled ""'that has bMrl 8l>PtOlllod by the School Lind Board Ind the owner ol lhe '°" In ICCOl'dlllCI wtth Na!urll Reaou~ Code SedtOnl 52 151-S2 154 0<, II any tme eflar Iha Hl)trlloOtl ol lhe ptn,a,y term 0< the .... -"""' II'• ..... covers 1 -- numbet ol KrN than lhe iota amount delctW)ad he'9on pa1ffllnll !hat are maodt on I pe, 1a11 buts ,,.,.uncle< 111,n ba reduced aocordlng 10 the ....,...btr of aaaa pooled ra1auao 1ur<ende<ad °' othtrw,se ..,,.,ed so lhll PIY"'antl "'""""'° on I per 1tte bas • ...-r •~• tetms of th• laase d\lMg lhe pnme,y term 1'111 bl calculated baMd upon the numoer of ""'" outatda tne bound-• of I poo,ad un•. °' f 1ftt< the ••i>n''°" ol tha p,r,,1,y term the numbet ol acr .. 1ctuaffy ret1tned Ind CCMtred by th•• lelse

21 US OF WATER L ..... lhal h"" Ille r,ght to UM wate1 pt'Oduced Oii N>O lend n-..a,y lo, oPelll"'"I under th• le•M txote>l •allt from _,,. °' links ol lhe _, of the 1ot1 p,ovtdtd ,,,,_,,., lesaH lhan not use potable .,..,., °' weter 1u•abla fo, lrvntock °' im1111,on pull)OMI

fo, wllerllood operations w,thOuf the poor COOHnt ol tlle owner of thB IOI!

OGI I l-1 4 · 1H4

1 Rur: & <. 01rn1 OP, 01

ORIGINi\l. nu I> I RI l VES C'OU 1Y CLEKKS UI I ICE

12. AUTHORIZED DAMAGES Lessee 1h1N pay the - of lhe aoil for demlgN CIUHd by Kl Ol)ellllOIII 10 1n peraonel propeny m-ritw Matoc:11 1nd cropa on aald tano

23 PIPl:UHE DEPTH When reque11eel by lhe Qw<>el ot !he IOII LHSff ahal bury O p,pet.,.. below plow IM'j)lh

:u Wf.U. LOCATIOH LIMIT, No MA aha• bed eel nearer Iha~ two t>undred (2001 INC to arr, houM Of bam no., on Nici~ ...ihoul Ille w,-11n conaent ol lhe _, ol lhe I04

25 POLLUTIOH. '" de.etop,,,g ...... a LHIH WI 1.e Ille 11,glleat deg- ol Cl•• end I proper .. ~ to pr ........ pc,IUlon W1haul lfM#III tho f0f99Clll'Q l)Ollitol ol coaatal -•no• na1ut1l .,.,_ys ,,.. .. and impounded ,.,,., Ille be ~eel by ll>e .,.. of -la<:Wies aufficlem to pr_,,, apflllge aeepege or ground .. a1e1 cont11m1111!Jo11 111 the .-.i ol ~.,,, La- ahal uaa a ij ,,,._ et u d,apoaa 10 V 19C1Ptur111 •c.tped hyd1-1>orl1 or other polutaffl and aha• be respona.ble tor al cSamege to puck arid p,11ra11 ~It• La- 11111 buold ano mar,ta111 ,.,_ around IIS ai..lh aump ano dfl,nage pa ano l&N< bao11• ao aa to PfO''ICl I oc:,t egatnll lou cSamege or lf1IKY and upon Q

• • • camplelJOn or a!>llndonmenl ol any - or -Qs LesaH al>al NI and lewl al alu9h pits and c»lara and -'elv Clean UI> IN dntlong ..ia ol •• IUIJl),ah 0 • • thereon Le ... ahal while condud1ng opereton1 on Ille leate<l l)femi,a keep aald p<emlMI IIN ol I rubbtth c.ana boltle1 pape1 cup, Of gltbage. L • • • • and upon campletJon ol opemon1 r,t,al ,.., .... tne 1utfac. ,t lhe land 10 u nea, u ""II"''' cond ,...., and contOUfl n " p,actlCM>le Tank1 and

• equipment"'' be • ei,1 IWllll'eel and l'ftten1able ...... • • 28 R MOVAL OF EOUIP MCNT Su~ to lfflCalJOn9 in th,a pa1agraph LHSM allaft have lhe right 10 <amove machone,y and foxturH pllOlld 1

by LIHH on the luMd ~ inducl,ng the root~ 10 cit- and ,.,.,,.,..,. c;e1,ng W'lh111 one hundred i-nty (120) days 11\ef lhe 1111)1111oon or Ille 0 0 • 0 ttlffllllltoon of tM lelH unleH the owner of Ille IOII grantt LHIH an e111en1ion ol II• 1 ~Y penod Howe- LHSff may noc remcMt cas,ng from 1 • • • eny --en Cll)llble ot p<oduc:ing Oli and 1111 on paying quant,toea Add 1on1Ny lnSH may not draw end remove caa,ng unt I atler thtlly (301 days wntten J • • noca to the Commouooner ol the Oeneial Lend Olfa and 10 the owroer of the aoil The - of Ille aoil 11111 become the owner ol 1ny m~ry • • • • • : roouru or eating Wllld> ara noc -v remo,.ed by l- undef the tenna ol uw par119<"'1> 6 • • 11 (A) ASSIGHMCHTS Unoe< !he condt,ons coni.ll'ed III lful paragr8')h and P111g1eph 29 of thla lea • the nghts Ind e111111 oA e4her

l)IIITy to t llase may be 11a,gned III whol9 o, r, pa Ind the II'"""'°"• of lNI leaae wl el!\Md to alld be b<ndong Ul>Dn lhU hen devlMes leg• • • • . ,..,._ntllNff ,__. and •awon• Howe-. 1 c.hlll09 or 111v-....,.. ., owna .. 11,p ol the ta!ld rwull or roy--a••• not -'Ill the ot,1,gat- ol

0 • 0 ! LnSH domonoah the nghll prMlegu eno Hta111 ol l H ... , mpa,r lhe affect ,eneaa of any payma,,1 made by LNSH or mpa r the ellect._,.aa oA any aa pelformed by l- And no C111nge ot d- 111 -rs/Ill) ol lhe land ,enta,a or roy,..._ 8"al bond l- tor an, purpoea untl lhll\y (30) days afta< the - ol the aol (or.,.. hen ...,..._ lega ~- 0< e,s,o.,., tum•- IN LHSH"' 111 fafto,y wnl'"n -r,ce ol ll'e c:llange ., owneflh., inelud,ng the ongJNI recoroed munmeni. ol 11 • (or a C*lof>ed eopy ol audl ong,n11l - the ~ cha~ beceuse ol • P c:onveyanc,e A total or l)llrual 1aaognmcn1 ot th11 lease lhal to the e..ient ol the tnterest euogn,ed tel- and dosche1ge LHIH ol •~ aubaequel'II G obllgauon1 unde< t,.. leue II 11111 lene oa 111,gnad '" •• ..,1n1y •• to only pa,1 ol the ecrel191, ri. nghl and Ol)l,on to PIIY 191>1a1a ahal be al)pC)IIIOned 1a be-n the aeveral owners ratlbly eocotd,ng to Ille arH of each Ind l1t1U<1 by one or more ol tllem to PIIY II• 11\a<a ol the ...ul wl not 111«:t this lelM on the part ol the land upon wlllCh pro 11111 rentals 111 timely pa,d or tendered hov,e-, d the •ll'O- o, auognee dOH not file • cett !lod eopy of ouch asaognment III the General Land Office before the na,ct ren111 paying dale. the en11,e leaM ahal tem1,nate '°' la•lure 10 PIIY the en•~• rental due under Pantglll>h 3 £'very 111,gnH 1hal aUCCNd 10 an nghta and be aubJed to el oblogat,ona qt,M,ea and penalt I ow9d to the S111e by !he O ong,nat leuee or 1ny p,00< 1sa,gnH of the le1M lndud,ng any t1a1><1rt•• 10 the Stale lo, un1>11id 1oyak..

6 (B) ASSIGHM£HT LIMITATION NQIW,thalandong any ptOYra,011111 P111graph 27(11 W the owne1 ot the aoil ICqUttet th• lelM tn wtlole Of n

pan by 111,gromenl .,,thOUI the PflOf wntten 1pp,oo,1I ol Ille Commiaalonar ol tl>I Gene11t Lafld a th• ie- 1a Wld as ol tne tme of '""'""""" and the egency power of the ow<>er may be lorle4ecl by the Comm,uooner An a,•ognmenl ,..ii be l<aeted as t • _,. ,,,_ 10 lhe owne1 ol lhe aoi1 f N ass,gnee IS

(t ) l-ollhe-olllle-121 1 corporlllOII or aubatd,aty in whlCh the ow,,e, of the ~ • a Pf nopet lloc:kllOIO<lr or • 111 ~ ol auch • oo,porat on or a.acllll'f (3) a pattneish•p on wNCh the owner ol the I04 II • partlHtr or " an empoyee ot auch a pa<tne<lhll) (•) I pnnapal llodlhoicler or employH ol lhe _.1IOII- • the owne< of the'°' (5) I 1)111- Ot e,,,pioyM WI I l)IIMerlh,p wfltCn • !tie - of the aoJ (61 • fldUCIII)' lor tile _..r of the aOli ondudong but not lomdeel to I g,.an,lan """" ••- ldmrndlrator •- or -••°' for the ow<>er ol the IOII or ( T) 1 lam4y mernbel ol lhe - or ,.,. IOII or retatad to the - ol Ille IOI by mar111~ - or adoplor,

21 RF LEASES Under Ille cond~oon• conll ned on lhlS pallgfll)h and P11agraph 29 l.eaSH may at 1ny tome exac:..11 and ·- to .,,. owner of the tool and pl.ce ol 1---«1 a reoease or 1eleeae1 cow,,ng any po<1oon or po,uon1 ol the leaaed Pf.,,,... and thereby 111r,enoer thrs lease n to aucll po<IIOfl or po,1,ona and be 19! - of•• 1ubaaQuenl oblogalioftl •• to actHge autrende'ICI If eny pall ol thll leaM 1a p,opef!y ... ,ende<ed the del.ty ren111 due under th• leaM wff be reduced by 11>1 PfOl)O(toon that !tie 111rrendered acr•age bears to the 1eteage wl1'CII waa co,,e,ect by lhia lease lmmedletoty prior 10 auch aurflll<le•, -r. •uCh raleaH """ noc re,,..,. Lenff of any ut,;1,1,es whoch may have accn,ad unoe< thla laaH pno, 10 the aurr1nde1 of auc/1 ICIHQe

29 rtLIHG OF ASSIGHM · HTS AND R LEASES II•" or •ny plrt of lhoa IIIIM • aurgnad 01 <aleased IUCh auognment or,. ..... mull be recorded In the county ,vt,ere the land ra • tuated and the recorded 1111tl\llMnl or a copy of lhe recorded onatrument celtloed by the County Clent ol the c:oun1y ., ..twdl the ~ • ••"Ordecl tnllSI i.. l'lied ,., the General land Offa ,. ,tun 90 d•ya of the last 1,acut,on date ,a:,ampa by the pre1Ctlbed Mong lee If Illy aucll UllQIVMIII II nol 10 f ,led Ille nghta 11':qwed under th I M .,,.. be luq«:I to tori IA II the C)Ql,on ol the Commla1t0ne< of ,,,. General Lino Office

30 OISCLOSUR CLAUSE. Al p,o,,oe- pene111,ng 10 the •- ol lhe ~ rleecnbed llnd ha,.. been illQldad III t1W lnl!IUme~ lndudong the 1111_,,. of the true conalderatoon to be l)llld tor the aaccut.on ol th,a leaM alld the ngllts ano 0..1,ea ol the 1)111\ ... Alty cota•era egr-,u conc:MfllllG the devetc,pn,,.nt ol Oli and gu hom the teated Pf.,,,_ "'hoth 1ra noc co,,11<ned III th11 INH render ttloe lnM r,valld

31 FIDUCIARY DUTY The -r ol the aoil - the S••'I I "'1uoery duty and mull flAt doedoae f11Y ,_ 1'1ectong Ille Stele I"'''-' on the teated premtMI When the 111111 .. is of trie - ol the ao,1 conflict .. ~h those ol the State the owner ol the ,.,. • oblrgated to Pill the Su111 interllts bef<>fl NI penonet if!t-ta

32 FORFEITURE If LH ... 11111 l••l or ttluae to make the payment ot any IJm 'W lhln tlltl1y days a~et K bacomes due or ~ le- o, an a111ho<11eel agent lhOUld know,ngoy make any l1•M retum or 11 sa repott concam,ng p<odU< toon OI dnl~no or d l- ahaM faJ or Nfuae 10 dnl 1ny ollset -• or -na ., good la~n II reQu,red by ,.., 1rid the rules and regulatona edopled by the Convnra,,one, of the General Lind Olla Of d Lessee 1hould t•• to ~It repom on tho manner requ.-ed by ,,., or 11, to comply "'th nrtos 111<1 reguta•oon• p,omulgMed by tne Gene<•t Lafld Olric.e tne ~ Land Boetd or the Railroad Comm1111on. or W LHSM 1hould refuse ,ne p,oper ,uthonty acxeaa to lhe 1ecords petta,ning io operalOOM or d l.euH or an aulhon.ted age,,! ahould k"°"'<>gly la~ or <aluae to give corred ,nlom1aton to the proper authonty or know,ngly ta~ or reluae to furnish the General Land Offa I OOflect too of any well or , L- ahal kno,,,ongoy V!Oil'e aoy ol lhe materoat PfO••IIOIII of thll lotase or f th• leaae • na,gned and the auognmen, • not filed III the General Lend Olllce a, 1equ1red by llw the nghta ,cqu..i under th• le1ae wl be aubfe(;t to IIOff..iute by the eomm..a-. and he wl lotfe4 ume whe(i aulfoentty ,ntol'med or the r1e11 .. nich authorize • torlertuie and wnen torte,ted the 11H ahal egar, oe 1uqe<:1 10 laeae - lhe ~""' of the RelinQ....iwn.r11 "'-1 ~ l'O'h,og ,,.,.., r,1,1n be _..,ruecr u "'"''"II lhe automate tlfflW\ar,on ol t11te leaae by opent,on of law or by reason ol ,ny 1peca11l llmll11lon e,,a,ng he'9undef Forfe~u,... may be MC aSlde end lhll INN and I f91!11 tllettunde1 rernsllled belo,e 11>1 nght> or ano<her tntarvene upon w••tklo<y evoclencAo to tile Comnwa,one, ol tne General land Office of lutura oan,pia,,coa Wl!II the p,ov IIOIII of the law and ol thia lease and the NIH and 11gutatoan1 that may be edopted relat,ve he<ato

ll ll£H In ec:co,danc» Wllh Texas NatJtal R- Code S:l t 36 the Sta•• ahal tq,.. a lifll len upon 11 ort and gaa produced from Ille 11u -red by tlllS lelM 10 MQlfe payment o( 11 unpald tOYJiNy and other lllffll ol money that may become due under lhll lelM Oy KC»Ptanca ol thoa 111M L- granll lhe SU.Ml. WI lldd•l,O,, lO 1ne 1oan prOYldecl by Tax•• Na•urat R-ICM Code S2 136 a"CI '"'-~bla IIIIUIO<y i- '" bl>'ell oontracluel ...,, on arid aecunty rntereal ., a l leaaed -• WI and Htrl<Ud lrom the le.ued ~ 1 PfOQHda whiCh m,y KOUe to l.HSH from the aale ol lUCll lelled m1ne111S wnether auch ~ are ~•Id by L-or by a lh-.:1 peny and 1• fuct..., on and mp,°"- to the - pr- - In connedlon ,...h the p<oduc,,on or procnSlng ol 1uch leased ,,,._,ii WI order 10 MCUfl the payment ol 1U roya ,.. or other emoun1s due or to become due ullder lhit leaH end to MCUte paymenl ol any d.lmlgea or 1011 that L11101 m.ty • er bf ,.Hon ol L-• bruch ol

OGL. 11 -14· 15'4

')

')

TRUE & f"ORR~CT COPYOI

ORIGINAi FIL I O I RI I VE C' , CLLRK OJ I IC I

any COY111Ant °' condtJOO cl th• lease, whether eXJ)(eu °' mpl~ This loan and secunty interest may be l°'ecioled WAA or wrthout court pr00Hd,ng1 on lhe menner p,owoclcld w, the nie 1 Chep II of the Te..,, Ovoine11 IOnd C<lmme<ce C:O.,e 1 ..... ev••• lhtll U.. Comn....,,,., mey requn L- 10 axecu .. and record tuc:11 on1t!\.1Mflll u may be 11110111bly e.c:eua,y to ado~ 1tt1dl or perlK! lM lien i.- hel9by rapreuntl l!lal lM"I ,,. no pl1of or 1upenor loen, ,,.,ng lrQm ,,,., ret1t,ng to Le, ... ·, act1"'1ie1 11pon the 1t,o.,.-oe1cnbed p,operty or from ~ 1 acqu.,llOII of th• ase Shol.lld the ~, 11 any tme delll'T!Wle lhlt th• rap,eMntation • not true then the eomm.- may dedlra IIWI lHM lotfeled II l)l'OYlded heft•n

3" POOLING la .... • hereby 1111nt.cl Ille 1111hl to pool o, UM>LI the roy11y intarHI o' the owner of the IOII under IM,. ... ,..,•h any oCllel loaMIIOld o, ~ int rast lot IM ex~tion deYe!opmenl at1d p,oduClol ol Oii cw gu o, a,•t,e, ol u.,, upon the uma \ef'l'M •• 1/111 be ll'P'O"'ld by the School Lal>d Board al>d the eonw-.- of IN General La...i Qll',ca lot the f)OOlong o, """2'"11 ol lhe ontetffl of IN State under !NI ,.... l)\IBUIRl to TeKN N11u ... 1 RetourCH Coele ~2 151 52 1 S,. The owner of the II04I 1111'"' lhll the IIICIUIIOII of lM PfOY'll'OII w, thta .... """* the V e•ecu10, ,equ _,,ta 1111-«1 on Te,u Naturtll Resourcet eo.,e ,2 1!12

0 • • 35 lNDtMNITY. ~ hereby rate, .. , Incl dsehl",jel the Stell of Te•H •'Id the - ol lhe lol 11- Of!lc.eB IIT1l)IOyMI partnefl

• • e aoe,,11 CDnlllCIOtS, oubconlrldOB guut1 ,nvttHS and the• raspectJve r.ua:estOB 1...i us9n1 of end from el and any IC\IOnl end CIUMS ol lClion L • • • • of f1Yf1fY n11ura cw other hlnn. lnClud ng enuonmental hann fo, wh1cll recovery of dlfna119• II IOUl>hl ondudong bul noc lmrted lo II iou.1 end

• tlll)entes wllrdl are cauMd by the KIMI•• ol Leueo IIS olfcer. employ- end lg!'nts ,,.'"II OUI of onacltnt.11 to o, raaulllng '1om the ope,1t,on1 • : • • • : of o, for L • ... on the IHH<I P<91'111tH hereunder or lhal mey 111M OU1 of or be ocat110ned by Le•- 1 brellCh of any of IN terms cw l)l'OY1SIOllol ol 11111

A;IHl'Mnl °' by any other negligenl °' 1111a1y I.able act °' omlaaion ol Lanet Furthe! l easee hereby 1111ree1 to be ~Ible ro, eione111e 1nc1emn,fy 1 • defend and hOld hannle11 the State ol Tu .. at1d the -• of the aOII t,.._ ollce•a erT1ployff1 and •111"'1 the• - o, 11a,gna evarntt any

• • • • and al cla..,. ~abirullS. - dlmeg .. act,ons pel'90llal injury (onclud"'9 death) coals and expentea °' other hann lo, WNCh 1w»YefY ol Cllmlgel 1 : • • • i. aought under any theo,y onclud,ng 10<1 con1raa °' atlld bt,.lt, tndud,ng 11torneys fees and other legal tlll)enMa inckld,ng lhoM related 10 3

enwoMletllll hazards on !ht IHHCI pr-°' in any w11y related to L•- • lalu•e 10 comply .,ilh any and al envworwnental lewl. lhOM entr,g • from °' ., any Wit '911ted to L ...... ope,.t_, °' any other of LasMe • ICiiy,! on the laued pram- l- 11*"11 f,om LH- a UM o1 Iha 6

• : • • • : turf- ol the teued ~ and U-e 11\111 may anM out ol o, be oa;u,onec1 by L-a breach ol •"Y of the tenna o, l)(O'MIOOa ol lhll A;INmffl

• o, any oC!let ICI or om,s_,, of Laa... o dwedors offic..-a tml)loyffs partr>eB •"'• coniract- aUIXonlraclOfl ~ lftv,'.lff Ind Ille I raspeave IUQlllMOra and ns,gna EICII autgnN of Iha AC>r.-ntnt °' 1n nter .. 11t1e,e,n ~ IO be llabla lot, e-.te ~ delel>d and

• • • •hold,,.,,,, .... the S~t• ol Tues l<ld the_.,., ol the M>4I tN• oltCIIB ·~• and Ill""'' 111 the..,.,.. manner prOVlded lbcMt "'connect.on • • • : the lld.Mlies o( LffMI tis olftceB employMI 1nd agent• 11 dl!tcnbed lboY9 UCEPT AS OTHERWISE EXPRESSLY LIMITED HERE.IN, ALL Of

TH INDEMN.ITT 0 8 LIOAT10NS ANDIOA LIABILITIES ASSUM CD UNDER THE TERMS Of THIS AGREEMENT SHALL Bf WITHOUT LIMITS AND WITHOUT REGARD TO THE CAUSE OR CAUSES THCREOF (EXCLUDING PRE-OUSTIHG CONDITIONS), STRICT LIABILITY, OR THE NEGLIGENCE Of' ANY PARTY OR PARTI S (INCLUDING THC NEGLIOCNCE Of TH£ IN NIFIED PARTY). WHETHER SUCH NEGUGEHCt: p ee SOLE. JOINT, CONCURRENT ACTIVC, OR PASSIVE G

38 EHVIRONM HTAL H.t.ZARDS Lu ... lhll UM the 11'9he&C deg'H ol aira .,,., •• IIIIOl\lble ufesluatd• to pre-,i contanw,a\lOn or pollul,on ol any trMronmtntal med,um. 1nciud,ng ao,t aurlaai wateB ;rounclwater Mdomtntt and aurl- °' aubaurl- lltall amboent •• °' any other envrronmenlal med,um in on. °' under, the leased Pf9"'1MS by any Wiiia pollUtlnl °' contam111n1 LH- 1h1U not bnng °' perm• to remarn on the teated pr- any Hl>HIOI contarn"'II INlenale axpio41...,.a toJOC m11t-•s OI aU1>111nc:e. 1"911ulaled H nau.-.. waa .. • twua.-.a ,...,., .. ,, 0 hllllrdout aubltana111 (H the tenn 11az1rdou1 Sut.tanca os clelmed w, the ComP<eNnSNe Enwonmental RHponae Compenut,on and Lllbll,ty ACI G (CERCLA) • 2 USC Seci,ons 9801 el MQ ) 01 toxic substance, uncler any federal atala or IOCII lew or regullllOn ( Hazardous Maternil•1 uc,epl o,d,rwy p,oduct• -ly used on conneaion ..,th Oil and gas 11p1o<11,on and deYelopmtnl ope,.t,ona and alo<.cl on Ct>e U1Ual manna< and quani.•a ') LESSEE'S VlOLATION OF THE FOREGOING PROHIDITION SHALL CONSfflUT!: A MATERIAL BRl!.ACH AND DEFAULT HC:REUNOER AND LESSE SHALL INDEMNIFY, HOLO HARMLESS AND DEFEND THE STATE or TEXAS AND THE OWNER OF THE SOIL FR AND AGAINST 3 ANY CLAIMS, DAMAGES, JUDGM HTS, PENALTIES, LIABILITIES, AND COSTS (INCLUDING REASONABLE ArTORNEYS' FEES AND COURT COSTS) CAUSED BY OR ARISING OUT OF (1) A V10LAT10H OF THC FOREGOING PROHI BITION OR (2) nlE PRCSEHCE. RELEASE. OR DISPOSAL OF ANY HAZARDOUS MA T£RIA1.S ON, UNDER. OR ABOUT TH LEASED PRCMISES OURIHG LESSEE'S OCCUPA Y OR CONTROL OF THE LEASED PREMISES L(SSEt SHALL CLEAN UP, REMOVE, REMEDY AND REPAIR ANY SOIL OR GROUND WATtR CONTAMINATION ANO DAMAGE CAUSED BY THE PRESENCE OR REL.EASE OF ANY H.t.ZARDOUS MATERIALS IN, ON UNDER. OR ABOUT nlE LEASED PREMISES OURJNG L.£53 E'S OCCUPAHCY OF THC LEASED PRENISES IN CONFORMAHCE WITH TKE REQUIREMENTS Of APf>LICAIILE LAW TttlS INDEMN1f'ICAT10N AND ASSUMPTION SHA.LL APPLY BUT IS HOT LIMITED TO. U"81UTY FOR RESPONSE ACTIONS UNDCRTAKEN P\JRSUANT TO CERCLA OR ANY OTHER ENVIRONMENTAL LAW OR REGULATION LESSEE SHALL IMMEDIATELY GIVE THE STATE OF TEXAS AND THE OWNER OF TH SOIL WRITTEN NOTICE Of ANY BRIACH OR SUSPECTED BREACH Of nllS PARAGRAPH, UPON LEARNING Of' TH PRESENCE OF ANY HAZAROOUS MATERIALS, OR UPON RECEMNG A NOTICE FROM AHY GOVERNM NTAL AGENCY PERTAINING TO H.t.ZAROOIJS MATERIALS WHICH MAY AFFECT THC LEASED PREMISES THE OBLIGATIONS Of' LESSEE HEREUNDER SHALL SURVIVE THE EXPIRATION OR EARLIER TERMINATION, FOR ANY REASON, OF THIS AGREEMENT

37 APPLICAOLE LAW Th• 1e, .. 19 oaaued unc:t.t Ille l)<OYIIIOnl ol ,. ............. Resou1a11 Code 52 171 lhlough 521110 common-1 ~nown .. the RellnQutahmenl Act and other applbbla atalutea and amendments 1hera10. and I any p,ovosion In lhll tease doea not conform 10 1heM atatutea the a~tulas wlll prevall over any nonconlormong lease p1ov•,on1

38 EX CUT10N Th,1 Oii encl 1111 IHM mu11 be 1,gn-«1 and acllnowle<lged by the Laa ... belo,e K • foled ol raoord tn the county raoordt and on lhe Genetal Land Office of the Stale ol Te•H Once Iha r~,ng requ,rement• louncl on Pa,ev11p1t 39 ol thS le1M ha.,. been satlSfoad the ellecl,... da!a ol lh,a lease ahll be the date found on Page 1

39 LEASE rlLING PuBuant 10 Chapter g ol the Taru Bua,nes1 and Commerce Coda lh• le ... must be filed ol raoord w, Iha olf,ce of Ille County Cter1< on any county III whcll 11 o, any pen ol the leaMCI -- • 1oc.o1ec1 and'*"- coo,e1 lhe-f muat 1>e •- on the Ge_., La"<! Olfu Th,s ..... • not e!leclNe ""'• • cer11«1 copy ol 1h • ...... (wftdl • made and cart:~ by Iha Counly CIM< ,._ "" reco,os) • r.1ec1 ., Iha General Lind Ofl,c,a in IICXX>tdanoe ... th Taxn Nallnl Resourc:n C:O.,e ~2 183 AOcl4Jonaly, 11111 ,,. ah noc be blnO,ng upon the Sllla ...,... • reo•et IN aaual and true cons,oe,.1,on paid o, l)fom..0 lo, executOII ol th• ..,,.. The bonus due the State and the ~ f\tong lee ,,.., accompany au..h C*l4'lecl COPY 10 IN C.,-1 Land ()11',ca

LESSEE

Trtla Member M1ne11e•

Date _i:- ? - l 0/S

LtSSOR

STATE Of TEXAS

OGI . )).J.t , I ~~ I

TRUE & CORRECT COPY OP

ORIGINAL f'ILED IN REEVES COU1'.'TY CLERKS 011 ICE

LESSOR

STA TE OF TEXAS

lndMdually •net .. ~I '°' the State of TexH

0a11 ,:J. - Lr_- Li

• •• . . . ... . ~ ),.

0 STATEOF ~(1 ...... 0 "COUNTY OF....___...~ __...=_.,...-...

(INOMOUAL ACKNOWLEDGMENT)

• BEFORE NIE. tne under.11Jned eulhollly on thd dey personal'y eppeeted 11Mlia,\llt.lll£~'"lo1111.11../l,ul1:J'Ju.L..,ouu11.-------- ----

v 0 L

1 1 ....

• • • to me to be the persons ,.,_. Mtllff ere suoscnbed to the k>l9golng instrument end ecl<nowleoged to me lhet lhey e~ the ..,,,. '°' tne 3

•••• • .... Melissa A. Dunbar State of Florida

' f MY COMMISSION# FF 103714 ~ o o " " Expires· May 3, 2018

(INOMOUAL ACKNOWLCOGMENT)

6

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0 '""""' F/!15!£ COUNTY Of 11L BErORC NIE. Ille under.,gned euthOnty on th11 dey personally eppeeted ..,,lclLlilllD ..z$11:1!t111l01MY.m11A.! -------------- 6

llnown to me 10 be the person• whole nemes ere oubtlcttbed 10 the fo,ego,ng 1n1ttumenl end eelloowtedQed 10 me ttutl they exeailed the .. me fo, the 2 <1

purposH end con1oc1e<e11on therer, •Xl>f••H<I

......... ..., ................ , .. 11M "'~

Mt lllU A. Dunbar NO!a,yPubllCrn~

State of Florida ' -j MY COMMISSION# FF 103714

'to, ,-; Expires: May 3, 2018

OGt 11· 14 1554

•

TRUE&CORRECT ' OPYOF

ORIGINAL FILED IN RUI. VI.:S COUNlY CLER1'.S Of I· ICE

STATE OF ___ ___ _ _ (CORPORATION ACKNOWLEDGMENT)

COUNTY OF _ ______ _

BE.FORE MF the undersigned authonty, on this clay personalty appeared - - ------ ---- ----- --­

known to me to be the person whole name II aubscrll>ed to the fo,egojng Instrument• H ------------------

°'-------- ---- ---- ---------- ---- -- and act<~ tome that Ile

executed the a.ma lor th4t purpo1ea and conlOderation lhare,n el(J)(eased In the copaaty stated . and us the act and delid ol Hod COl1)0(81Jon

... • • • . .. . G...,, under my hand and Mal ol office th• the ___ day of ___ ---- ~ 20 __

. ...... • • NOlary Publlc '" and fo, ----------- -

• •••• : • ITATE Of" _ _____ __ _ (CORPORATION ACKNOWI..EOGMENT)

BEFORC ME. the underalgned authomy on thil dly personalty appeared--- - -------- - --- - ---

• known to me to be the pe,son whoM name• aublcnbed to the forego.no lnstrumeni. H - - - - ----- ----------

• • • • ••• : of _ ________ _______ _ ----- ---- -------- end ICknowtedged to me that h4t

executed the aame fo, the purpotes end constderatoon therein exp<HSed '" the copaaty stated end a, the ad and deed of Hid ~IJOII

Given under my hand end aeel of omc. lhll lhe ___ day of--------· 20 __

Nolllry Publle In and for ___________ _

STATE OF__;~=:......;..\ o_r.;..~..:::J:..:_0 __ (INDIVIDUAL ACKNOWLEDGMENT}

COUNTY OF _...,;µ\:.....J,..L"-=.;.;;:.._=----BEFORE the underatgned 1uthonly on th•• day pe,-onaly eppeared :Toh n a I nlo 1 e at:I:: i" h, s CbfAcrh.( ii~ l:1 l Mb< r - M40o..ta<< of wo lc ctt-1 t I I'.'

knOwn lo me to be the penoon1 ... - n-ere 1Ub1Ct1t>ed 10 the ~ tnatrument. and IICl<nowtadged 10 me ttlet they ••ecuted the ume for the

purposes and consideration the<ert eXl)(UMCI

OMR under my tlend and Hal Of otra lhls lhe 1 clay ol 1 P... t~O. r ':( 20~

()&,~~ .~e-,r-,.._ __ _

Notary Public 1n and f0< ~ h i Shk,o f Cplo ca Jo

STATE OF (INDIVIDUAL ACKNOWLEDGMENT}

COUNTY OF ______ _ _

BEFORE M ··, the undors,gned authomy on !hrs d1y personally 1ppe,red ----- ---------------

known to me 10 be the perM>n• whoH names ere 1ubtenbed to the forego,ng rtatrument and ICk~lld to me that they •~ecuted the • .,,.. for the

purpoM1 and con1illefllion therert e,cpreaHd

G,..n under my hand tnd Hal ol otrlOt this the _ __ day ot _ _______ _. 20 __

Notary Public WI and lo<--- - - -------

v 0 L

1 1 3 6

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0 6 2 5

TRUE & CORRl!Cf COPY OF

ORIGINAL FILED IN RCLVES COUNTY CL EIU..!) Ol l· JCE

Exh1b1l "A0

Attached 10 and made a part of lhal certain 011 and Gas Lease dated December 14, 2014, between the State of Texas acting by and through Margarette Jean Louis or Jean S11encteux. as Lessor and Wolcott. LLC as Lessee upon and covering 5 acres of land more or less situated 1n Reeves County, Texas

Insert ID~ and Gas Lease

• •• • • ... • ......

• •

•••• . . . • •

• •••••• . . • .... • ••••

A DELAY RENTALS V

Delay rentals for the 1" anniversary date and fOf the 2"" anniversary dale have been pre-paid w,lh the bonus O conslderabon for this lease. therefore no add1t1onal payments for the 111 anniversary dale and for the 2"" L anniversary date are due and payable The bonus consideration to the State of Texas and the owner of the sod as $3,500 00 per nel mineral acre The State of Texas and the owner of the SOii have split the total bonus conslderatK>n of S 17 ,500 00 equally If delay rentals are paid on or before the 3'" anniversary date, the delay rental paid shall be $3,500 00 per net 1 mineral acre for a total payment of $17.500 00 Said payment will include a pre-payment for the delay rentals for 1 the 4'" nn111ersary date and shall be paid equally 10 the Stale of Texas and the owner of the soil in the amount of 3 $8,750 00 each 6

8 MINIMUM ROYALTY

In heu of using the delay rental figure set oul In Paragraph A above to compute m1n1mum royalty the annual minimum royalty will be calculalad based on using $1 00 per net acre mulllphed by the total net acres covered by

this lease

C SHUT -IN ROY AL TV

p G

In heu of the shut-in figures set out in paragraph 14 of this lease. for purposes of determining shul-tn royalties the annual rental used to determine payment of shut-in royalues shall be calculated at $10 per net mineral acre, but nol less than $1 200 per year fOf each well capable of producing 011 or gas 1n paying quant1ties All other terms and cond1llons of paragraph 14 shall remain unchanged O

6 2

LESSEE 6

:~lWLJ"P& Name :\J B Wok:oll

Tiile Member Manage,

Date _ !../ _-......=.8_-__;;2_0_ /_5_

LESSOR

STATE OF TEXAS

lndMdually and n agen1 lot 1he S1a1e of Te~H

Oa1a 11. - L7 '/,(211-

iFSSOR

STATE or TCXAS

OGL 11 - 14 , I SH

TRUE & CORRECT COPY Or

ORICilN,\L nu.o II': RI I Vl C< NTY

l l KKS Of J ICE

I •

Exh1b1t ·a·

Lessors hereby )Olntly and severalty appoint Margarette Jean Louis as their agent for the purpose of recelVlng all payments for their benefit under the terms of this lease Payment by lessee of the above specified types of benefits under the lease provisions to our agent designated herein, shall discharge lessee absolutely with respect to such payments lessors agree that they shall be bound to lessee by the terms of this agency appointment unless 'and unlll written notice of the death o f the agent or a lessor(s) 1s furnished to lessee or unless wntten notice of voluntary revocation of the agency V shall be furnished to lessee not less than forty-five (45) days before the next ensuing due date of the next due type of payment(s) speci fied herein O

•• L . . ... • ... .....

• • LESSOR

:•:•• .iv A{;hj\/\ ~ ~Wv~ .. v-1 •• - ~. :,ame Jtao SlfcOROUI • •

: :· ~·t•--\-\-=~-=----ll+-----'-1-f-~----· · · ·

STATEOf Ft~ COUNTY or .:...-,.:J.;..:.:~::;.x:_,_,o.,e::::.,,::..,,.._

(INOIVIOUAL ACKNOWLEDGMENT)

BEFORE ME. lhe undersigned 1ulhonty oo this day person1lly 1opeared .lun..S!_~known lo IM IO ~ lhe persons wllOse names.,.

aublcnbed to lhl fOlllgO!llg lnatnlment and ld<~ed to me thlt they execu1e<11he 111ne fo, the pufl>Ole• and c:onaoderlllon lherar, expresaed

G,,en under my hind and 1eel ol offic:e thts lhc ~ d1y ol . ~I {

.. ~~· ~"• M&lf!M A. Dunbar ~

0

<~ State of Florida

'"" 1l MY COMMISSION# FF 103714 ... o,,.._o

Expires· May 3, 2018

111,1 No. I!; O!l:l J!> C>tAN lff O IL Onl:l lOtlNTY f ' l ERK

701 '> J an 11'1 , 1 (I~ >.9 PM

1 1 3 6

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0 6 2 7

]EP4~ ~~~ TY T~XA~ fly NJ1 )~~ IJll UT'Y

TRUE & CORRECT COPY OF

ORIGl/1:Al. rn.rm IN RI EVf'S CO ~ I Y CLERKS UH ICE

~

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I.I.,

... "' c .2

V\ -~ I ~

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•

... . \ ... • ••• • fll . .

. . .. . . . . . .. ... . . . . .

• ....

bWIRt! o Ptb!Oiz. CtAJfffv' ci.i!U* lUiBV&S OOUNTY, TBXAI

• ••••

June l 5, 2015

Angela \t i<lhnm \\ o lcoll I I ( 729-B Booh.cliff A,cnue Grand Junction. C.O 81501

Re · .' ta lc Lcn'lc MF 11 7324

Dea1 h. 11dha111.

TfAA LN l RAL LAND Fr i l (., I O Ru L P (\ L '> 11 l. 0 M \\ I 'I 'I ION C R

R I I ca .. c d.11cd December I..J. 201 I. rcconlcd 111 V 1116, P. 618, Rcc,c., <.o, cmcring 5 nc. \cc 12, Blh. 71. Pl:>l \unc), 1argarct Jean I Olli'> or Jc.111 \ilc11c1cu,. agent for \tatc of I ,

I e.,.,or

I he ccni lied cop) of the Rel i11qu1shmcnt Act 11:a-.c CO\Cring the abo, c ref crcnccd Lruct has been apprm cd and filed in our records under 1incrnl I de number-. MF- 11 732..J. Pica e refer to this lease n11111b r "hen 111 a l ing pa ments to the ' tat and in all future cor respond nee conce rning the lca'lC. Fai lure to i11 cl11 de the mi nera l fil e numb r 111ny delay proce sing of an) pa) 111 c11ts to" nrd, the lea,c.

I here arc sc, cra l comrnc1ual and -.mtutol) rc-.pon-.1bll1t1cs lor the l csscc "hich arc material prm i.,1011-. of the lca\c a., outl ined in the agreement such as <-icc11on I 0(13) \\hich requires subm1ss1on of \Hillen notice for all drilling. production and related acti, itics. When fonm arc filed,, ith the 1 e,a., Rai lroad Commis.,ion, the) arc required Lo be -.ubm inc<l Lo the C1cncral I an<l Oflicc a-. \\Cit. l ,amplcs arc \,\ -1. Application Lo Drill. \,\ -2, Oil \\ ell Completion Rcpon nnd I og. G-1. (,a.., \: ell Completion Rcpon and I og. \\ 1, Plugging Repon. G-5. (,us\,\ e ll C(a..,..,i ficntion Repon, G I 0. (,as \\ el l ~talus Rcpon. \\ - 10. Oil\\ ell ~t.llu .., Repon. \\ - 12, Incl ination Repon: electric logs. directional sun e)'>.

C huptcr 52 or the I e,as atural Resources Codes spcLlfies that the surface tm ner's nght to rccc1, ea ponion of the re, cnucs generated b) the lca .. e .. hall be 111 lieu of all damages to the soil I here fore. an) JXl) mcnts mnde for -;urfoce use or damages other than the au1hor11cd dt11nagcs '>Cl out in the lease f'onn must be -.hared cquall) "ith the state.

Your remillance of ,750.00 ha., been npplicd to the l-,1utc's JX>l1ion of' 1hc ca-.h bonw, In add111on. \\Care in receipt of the process111g and filing fees.

~111ccrcl) ) ours.

Deborah . Camu Minera l I casmg, I ncrro Resources (512) 105-8598 ddm, ah can tu e1 glo.1c,as.gm

1700 ~nnh ( nngn:" ,\H:nuc. ,\11,1in. I c,a, 7!!701-1 19~ fl O Bo, 12!!71. ,\u,1in. I C\,I\ 7l!7 1 l-'.!X7J

512- l<i l-5CKJ I glo 1c,.1s go\

file No. ME f /71; 2/-/ '1. -...f...l.!.r Vlt..l.!L:M~Lttt:::w&vllt_ __ ~

Date Ried: Ctr-I s-1 ~ George P. Bush, Commissioner

By z51c...

If corr.•snondPnce ~s r,~q,.ued, ple;ise naKP reference to the .1.cl.:>n· :. • .:>d Lease Number

Lec1se ·oar. I :...essor ~ rc,o Sta.rt Date Lea~.e N1rnber/S-1ftix

12-14 - 20l r l~1ARGARE7TE JEAN LOUIS ET AL ST 00 12 - 14-2017 1700063

AGENCY LEASE NUMBER : ~N PAYMENT OF :DELAY RENTAL Compa :APACHE OPC FOR : S7 TX MF117324

REMARKS : DELAY RENTAL FOR 2 YEAR PERIOD BEGINNING 12/14/2017 .

•• RECORDED : Book 1136 Page 618 Reception# 15-00235 • • •••• •• ~ l CT : 1 COUNTRY : US STATE : TX COUNTY : REEVES

• Pro spect : UTAH •• ~gion : NAUR District :ALPINE HIGH

Operating

18703436

NET ACRES 5 . 000

•.: •• • LEGAL (Part of) : PUBLIC SCHOOL LAND ASST/ID# 2996 Grantee Blk 71 Sec 12 QQ

•••••! S2SENWSE • •

F OR THE CREDIT OF : • •••••• • • cot ISSIONER OF THE GENERAL (BA# 9527869501)

•••••• • L D OFFICE STATE OF TEXAS 1700 NORTH CONGRESS AVE AUSTIN TX 78701

(DPS# 9527869501)

APACHE CORPORATION ONF ?OS~ OAr CfNTR,,

00 i SI ri\1 ~l

ACCT :

TOTAL BANK SERVICE CHARGE TOTAL AMOUNT PAID

PLEASE SIGN THE RECEIPT COPY AND RETURN F• ~ E J ff S • \·

PAYMENT

$8,750 . 00

/ _ $ . 00 -,-S8,750 . 00

Hl., ~ NO .

105089

If correspondence is required, please make reference to the idenLified Lease Nwnber

Lease ,Date Lessor I F .. eq Start Date Lease Number/Suffix I 12-14-2 14 MARGARETTE JEAN LOUIS ET AL ST I oo 12-14-2017 1700063 I

AGENCY LEASE NUMBER : 117324 IN PAYMENT OF : DELAY RENTAL Compa : APACHE OPC FOR : ST TX MF117324

REMARKS : DELAY RENTAL FOR 2 YEAR PERIOD BEGINNING 12/14/2017.

RECORDED : Book 1136 Page 618 Reception# 15-00235 •• • • ••••

CT : 1 COUNTRY : US STATE : TX COUNTY : REEVES •:··~ ospect : UTAH

• Region : NAUR District :ALPINE HIGH : .••. LEGAL (Part of) : PUBLIC SCHOOL LAND ABST/ID# 2996 Grantee ••••

• •••••• • • • FOR THE CREDIT OF :

• ••••••

S2SENWSE

• C MMISSIONER OF THE GENERAL (BA# 9527869501) • •:• ~ D OFFICE STATE OF TEXAS 1700 NORTH CONGRESS AVE AUSTIN

TX 78701

(DPS# 9527869501)

ACCT :

TOTAL BANK SERVICE CHARGE TOTAL AMOUNT PAID

Operating

18703436

NET ACRES 5 . 000

Blk 71 Sec 12 QQ

PAYMENT

$8,750.00

/_ $ . 00 ~8,750 . 00

APACHE CORPORATION ONE POST OAK CENTRAL

PLEASE SIGN THE RECEIPT COPY AND RETURN DETACH STATEMENT BEFORE DEPOSITING

CHECK NO .

105089 1000 POST OAK Bl,VO HOUS'l'OtJ '1'Y. T/0~6-4,00

l,e .. se tJo te

The dn>OUnt o! this cheer is in pilymt>nl of DELAY RENTAL

due part.y or pll .. n.ies under Q ; G

18703436 APACHE CORPORATION 1 0 5 0 8 9 ONE POST OAK CENTRAL 2000 ros·r OAY. ULVIJ. HOUS1'0N, 'I'>: 770S6-d400

rhonc 1eoo-212-2r.3r.

12-14-2014MARGARETTE JEAN 00 12 - 14-2017 1700063 105089

DATE 11-10-2017 56-382/412

1volls Fargo Bank, N.A. 115 Hos pital Drive van ~1ert, OH 45891

********8,750*DOLLARS AND* OO*CENTS

Pl'.Y TO TKE ORDER OF

COMMISS I ONER OF THE GENERAL LAND OFFICE STATE OF TEXAS 1700 NORTH CONGRESS AVE AUSTIN TX

11• o o • o s o a 911•

78701

/,MOU!n'

**********$8,750 . 00

LEASE RENTAL ACCOUNT

,€oauty

Date Filed: J 1- / 1...tJ ( ll ~ Jeorge P. Bush C . By • omm1ssioner

••• ••• • • • •• • • • • •

. • • •• • • •

•• •• • • • • • • •

•• • • •• • • • •

• • • • •• • • •••