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<br />~~ua'.Z~U cYa1 C, !a -L CL:. ~i /~'`5:~•
<br />~>. ~_30U:!;~~i 1.1IN1Q1 [t[nnl llmnr•
<br />mG~hlh Lhig45
<br />LEASE
<br />THIS SU0.F ACE LEASE, node tAls I day of f~yg9G!
<br />19tl 0, Dy and Detreen Andrer Maneotls, dd log business as Na neotfs
<br />Sne ep [u ^pa ny (aerelnafter referred to as "lessors"), and GULF OIL
<br />L Up PORAT ION, a Pennsylranla Corpora Lion har log en office as 1720
<br />Seu[n Bellaire Stree [, Denver, Colorado 80222 (he relna (ter referred
<br />to •s '6v1f•);
<br />YIiN ESSETN:
<br />YNCpEA S, lessors are the orners of the surface of estate of:
<br />That portion df Resurvey Tract ]7, ~,.\, ~~
<br />Tornthlp 4N, As nqe Bfi Y, pout[ County,-
<br />Colorado, Lying Eas[ of Trout Creek.
<br />(hereinafter referred to as 'sa ld Lands'); an0
<br />YNE0.EA5, Gulf Is desirous of acquiring the cactus ire
<br />right to use and the eacluslre right to control the use of sa l0
<br />Lands at herein expressly provided;
<br />NOY, THF0.Ei00.C, In co nstderatton of the sum of Ten Dollars
<br />W
<br />~ ({10.00( and ether valuable censldera [Ions pa 10 to Lessors by Gulf,
<br />i
<br />N [A• vocal D[ and cuff lclency o! rhlch ere hereby acknowledged, and the
<br />corona nts •nd ag reemen [s hereto set forth, the pa riles hereto MUTUALLY
<br />AG0.EE as follors:
<br />1. GpANT
<br />Lessors Hereby grant to Gulf the eacluslre right to use and
<br />[ne exclusive right to control the use of se ld Lands, and Lassa rs
<br />hereby grant to Gulf tae eacluslre right to eaplo re for, extract,
<br />d er eloD, mine and Process coal and lignite and all co ns tl to ant Droducts
<br />of coal and lignite (nerelnaf ter referred to as "Coal") /roni safe
<br />lands by •e [nods deemed desirable Dy Gulf, tnclud ing mining or extrec-
<br />[,an by undergre und, open pit, strip, solo Lion or leaching methods, or
<br />or any other method or netnads nor or hereafter kno rn to Gul ~, together
<br />.Ito the eacluslre right [o use mr destroy so much of the surface of
<br />[ne said Unds as auy De fauna deslra ble by Gulf to car vying out such
<br /><apluration, eatrac Lion, derelopm en t, mining and proc essln9 rl[hout
<br />- •
<br />L:,.a~IJ :.,. •2 ~a,i
<br />hein9 requl red to leave or provide subUcent or Lteral support
<br />(or the overly log strata or surface, or anything therein, thereon
<br />or thereunder, •nd to hulld, use, opera le, nalntaln, reD Lace and
<br />veleta [e qn said Lands such buildings, plants, coal procassln9
<br />faU ll [ICS (eapr essly Includlnq coal gasification and ltquefec Lion
<br />facll ltles 1, engines. ma chlnerY. aPPl Lances, •ehlcles, devices,
<br />.ells, dumps, roadrays, call road to cks, build logs, reserra trs,
<br />parer Ilnes, pipelines and all other necesta ry structures end
<br />imDrgrem en is In, on, over and under or ac ruff sa ld lands as Gulf
<br />•sy dee^ necessary to its ni ning opera [Ions on se ld Lands or on
<br />any other lands.
<br />2. vATF0.
<br />It Is agreed that Gulf nay approprla to end use rater
<br />fro. rolls or rase rrol rs nor ealsting on sa ld Lands and during
<br />the ter^ of tliii Lease may drill rolls and Construct reservoirs
<br />and use rater lharefrom. Tne right to drill rat It shall De ea-
<br />erclsed In cons ormlty vita the rules of all requla to ry a9encles
<br />and in conform) ty rl th good englneering principles.
<br />]. TEpM
<br />SuhJec[ to tae other pro. lslons hereto conta toed, this
<br />1<a se shall remain In full force and effect fora term of ten (10)
<br />years fron and after [he dale hereof (hereto tilled "tnltlal term").
<br />6u1( shall have [Ae right to renew this lease beyond the initial
<br />ter• (or an addl[lonal ten (10) rears on gettln9 Lessors ninety (90)
<br />days rrl Cleo notice prior to the terminatlon of the initial term
<br />[hat Gulf is revering the lee se for an addltlona~ ten (10) years.
<br />~. pEMTAL
<br />Gulf Shell pay to Lesson as rental the sum of Ona Hundred
<br />Oollari (5100.00) Der year on mr before each ^nn )verse ry me [e of
<br />[his lease. Lessors hereby give Andrer Me neotls the power et any
<br />time during [I,e Inl tf+l term to request Gulf to prepay a part or all
<br />of the rentals that hey become due and pays ble during the 1n1ttal
<br />term. This provision o/ prepayment shall not be app) Ica Dle to any
<br />V
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