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EXHIBIT 10.3
OIL AND GAS PROPERTY PURCHASE AGREEMENT
THIS AGREEMENT is made and entered into this 18th day of September,
1995, by and between CUMBERLAND COMPANIES, INC., (hereinafter referred to as
"CCI") a Nevada corporation, with its principal place of business at 0000
Xxxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxx 00000, and O.O. AND XXX XXXXXXXX,
having their principal place of business at 0000 Xxxx X' Xxx, Xxxxxxxxxxx,
Xxxxx 00000.
W I T N E S S E T H :
WHEREAS, O.O. AND XXX XXXXXXXX have agreed to sell to CCI certain
interests in oil properties as set forth in Exhibit "A" attached hereto.
1. Purchase Price.
In consideration for CCI purchasing the referenced property as
set forth in Exhibit "A", CCI shall pay the sum of four Hundred
Sixty-One Thousand, Seven Hundred Twenty-Four Dollars and
Forty-One Cents ($461,724.41). Effective date to be the date of
this Purchase and Sale Agreement. Said payment may be made in
cash or in common stock valued at Three Dollars ($3.00) per
share, or a combination of cash and stock. The common stock is
to be Class A Common Stock of CCI, subject to Rule 144 under the
Securities Act of 1933. Said shares shall have piggyback rights
subject to terms and conditions acceptable to an underwriter
approved by the management of CCI. Payment of the Two Hundred
Seven Thousand, Five Hundred Fifteen Dollars and Fifty-Eight
Cents ($207,515.58) shall be made as follows:
1.1 One Hundred Four Thousand, Nine Hundred Ninety-Eight
Dollars and Thirty-Six Cents ($104,998.36) payable in
notes. (See attached Promissory Note), and
1.2 Three Hundred Fifty-Six Thousand, Seven Hundred Twenty-Six
Dollars and Five Cents ($356,726.05), payable in One
Hundred Eighteen Thousand, Nine Hundred and Nine (118,909)
shares of Common Stock.
2. Closing.
The completion of the contemplated transactions is herein
designated as the Closing which shall take place on or before
September 30, 1995, or such other date as the parties shall
mutually agree upon.
3. Warranties and Representations of Cumberland Companies, Inc.
3.1. Corporate Organization.
CCI is a corporation (duly organized, validly existing and
in good standing under the laws of Nevada and is duly
qualified to do business and has full power and authority
to carry on its current business and to purchase, own, and
sell its assets and properties.
3.2 Corporate Authority.
The execution and delivery of this Agreement to O.O. AND
XXX XXXXXXXX and the carrying out of the provisions hereof
have been fully authorized by the Board of Directors of
CCI.
3.3 Binding Nature.
This Agreement shall be, when duly executed and delivered,
a legal and binding obligation of CCI, enforceable in
accordance with its terms.
3.4 Warranties and Representations.
No representation or warranty by CCI in this Agreement
contains, nor will it contain, any untrue statement or
omission, nor will it omit to state a material fact
necessary to make the statements contained herein not
misleading. All representations and warranties made by CCI
in this Agreement shall be true and correct as of the
Closing with the same force and effect as if they had
been made on and as of such date.
3.5 Litigation.
There are no pending, nor, to the best knowledge and
belief of CCI, threatened actions or proceedings
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before any court of administrative agency or other
authority which might or will materially or adversely
affect CCI's ability or right to perform all of CCI's
obligations hereunder.
4 Warranties and Representations of O.O. AND XXX XXXXXXXX
4.1 Property Title.
O.O. AND XXX XXXXXXXX hereby warrant and represent
that they have good and marketable title to the properties
and/or property interests, which are the subject to this
Agreement, and that the properties and/or property
interests are free and clear from any liens, or other
obligations, and that there is no litigation pending or
threatened against said properties and/or property
interests.
4.2 Authority to Sign.
O.O. AND XXX XXXXXXXX warrant and represent that
they have full authority, as owners of the properties
and/or property interests, to enter into this Agreement
with CCI.
4.3 Binding Nature.
This Agreement shall be, when duly executed and delivered,
a legal and binding obligation of O.O. AND XXX XXXXXXXX,
enforceable in accordance with its terms.
4.4 Warranties and Representations.
No representation or warranty by O.O. AND XXX XXXXXXXX
in this Agreement contains, nor will it contain, any
untrue statement or omission, nor will it omit to state a
material fact necessary to make the statements contained
herein not misleading. All representations and warranties
made by O.O. AND XXX XXXXXXXX in this Agreement shall be
true and correct as of the Closing with the same force and
effect as if they had been made on and as of such date.
4.5 Litigation.
There are no pending, nor to the best knowledge and belief
of O.O. AND XXX XXXXXXXX threatened actions or proceedings
before any court or administrative agency or other
authority which might or will materially or adversely
affect O.O. AND XXX XXXXXXXX'X obligations hereunder.
5. Miscellaneous
5.1 Brokerage.
Each party hereto represents and warrants to the other
that no broker or finder is entitled to any commission, or
similar fees, in connection with the making and carrying
out of this Agreement.
5.2 Sales Tax.
Any sales taxes which may be payable in connection with
the transfer of the assets described shall be home solely
by O.O. AND XXX XXXXXXXX.
5.3 Notices and Communications.
Any notice, payment request, instruction, or other
document to be delivered hereunder shall be deemed
sufficiently given if in writing and delivered personally
or mailed by Certified Mail, postage prepaid, if to CCI
addressed to CUMBERLAND COMPANIES, INC. at the address
first set forth above, and if addressed to O.O. AND XXX
XXXXXXXX, at the address first set forth above, unless in
each case CCI or O.O. AND XXX XXXXXXXX shall have
notified the other in writing of a different address.
5.4 Non-Waiver.
No delay or failure on their part or either part in
exercising any right hereunder, and no partial or single
exercise thereof, will constitute a waiver of such right
or any other right hereunder.
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5.5 Headings.
Headings in this Agreement are for convenience only and
arc not to be used for interpreting or construing any
provision hereof.
5.6 Governing Law.
This Agreement shall be construed in accordance with and
governed by the laws of the State of Nevada.
5.7 Counterparts.
This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original
but all of which together shall constitute one and the
same instrument.
5.8 Binding Nature.
The provisions of this Agreement shall be binding upon and
inure to the benefit of each of the parties hereto and
their respective successors and/or assigns.
5.9 Survival of Representations and Warranties.
Except as otherwise expressly provided in this Agreement
or the Exhibit "A "attached, the representations and
warranties of CCI and O.O. AND XXX XXXXXXXX extended
hereunder shall survive the Closing. Each party
against whom liability is asserted under the provisions of
this Agreement shall be given the opportunity to
participate, directly or through its authorized
representative, at the cost and expense, in the conduct of
any negotiations relating to the statements of any
liability or any other proceeding instituted by any third
party against either CCI or O.O. AND XXX XXXXXXXX,
as the case may be, giving rise to alleged breach.
5.10 Expenses.
Except as otherwise expressly provided herein, each party
shall pay all of its own expenses incidental to the
negotiations and preparation of the documentation relating
to this Agreement and for entering into and carrying out
the terms and conditions of this Agreement and
consummating the transactions, irrespective of whether the
transactions contemplated shall be consummated.
5.11 Payment of Taxes.
All fees, costs, charges, and expenses payable to any
federal, state, or municipal authority, including without
limitations, all filing fees, documentary stamps and
transfer, sales and other taxes required to be paid, or
imposed in connection with the transfer of any of O.O. AND
XXX XXXXXXXX'X assets pursuant to the terms of this
Agreement shall be paid by O.O. AND XXX XXXXXXXX.
5.12 Amendments, Successors and Assigns.
This Agreement may be amended only by an instrument signed
by the authorized representatives of the parties hereto.
Neither party may assign any of its rights, obligations,
or liabilities arising hereunder without the prior written
consent of the other, except as otherwise provided herein,
and any such assignment or attempted assignment shall be
null and void.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed by their authorized representatives as of the date first above
written.
CUMBERLAND COMPANIES, INC. O.O. AND XXX XXXXXXXX
By: /s/ X. X. Xxxxxxx /s/ O.O. XXXXXXXX
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X. X. Xxxxxxx, President O.O. XXXXXXXX
Date: 9-18-95 /s/ XXX XXXXXXXX
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XXX XXXXXXXX
Date: 9-18-95
----------------------------------------
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E X H I B I T " A "
30-WELL PROJECT
WELL LISTING:
XXXXX WELL NO. LEASE NO.
--------------------------------------------------------------------------------
Xxxxx #1 Well 41-(10100) 41-001
Xxxxx #2 Well 41-(10110) 41-001
E.R. Battle "A" Well 41-(10500) 41-002
X.X. Xxxx 499 #1 Well 41-(11110) 41-003
X.X. Xxxx 499 #3 Well 41-(11115) 00-000
Xxxx #1 Well 41-(11210) 41-004A,B,C,D,E,F
Xxxxxxx #1 Well 41-(11510) 00-000
Xxxxxxx #2 Well 41-(11515) 00-000
Xxxxxxx #3 Well 41-(11520) 00-000
Xxxxxxx Well 41-(11575) 00-000
Xxxxxxx Well 41-(11580) 41-006
Xxxxxxx #1 Well 41-(12500) 00-000
Xxxxxxxxx A #1 Well 41-(14350) 00-000
Xxxxxxxxx A #2 Well 41-(14355) 00-000
Xxxxxxxxx A #3 Well 41-(14360) 41-008
Xxxxxx #1 Well 41-(15505) 41-009
Xxxxxx #2 Well 41-(15560) 00-000
Xxx X. Xxx #0 Xxxx 41-(16750) 00-000
Xxx X. Xxx #0 Xxxx 41-(16755) 00-000
Xxx X. Xxx #0 Xxxx 41-(16760) 00-000
Xxx X. Xxx #0 Xxxx 41-(16765) 41-010
X.X. Xxxxxx A #1 Well 41-(17010) 41-011
X.X. Xxxxxx A #2 Well 41-(17015) 41-011
X.X. Xxxxx #1 Well 41-(17250) 41-012A,B,C,D,E,F
Xxxxxx #1 Well 41-(18015) 00-000
Xxxxxx #0X Xxxx 41-(18005) 00-000
Xxxxxx #0X Xxxx 41-(18010) 00-000
Xxxxxxxxxx 490 #1 Well 41-(19505) 00-000
Xxxxxxxxxx 490 #2 Well 41-(19510) 00-000
Xxxxxxxxxx 490 #3 Well 41-(19515) 00-000
Xxxxxxxx #1 Well 41-(19650) 41-017
LEASE LISTING:
LEASE NO. DESCRIPTION OF LEASE
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41-001 Oil and Gas Lease dated September 20, 1977 from Xxx X. Xxxxx and
wife, Xxxx X. Xxxxx, as Lessor, to X.X. Xxxxxxx, as Lessee,
recorded in Volume 664, Page 187, Deed Records of Eastland
County, Texas.
41-002 Oil, Gas and Mineral Lease dated December 7, 1983, from E. R.
Battle and Xxxxxxx Xxxxxx, as Lessor, to H.L.M. Oil Company, as
Lessee, recorded in Volume 512, Page 774, Deed Records of
Xxxxxxxx County, Texas.
41-003 Oil, Gas and Mineral Lease dated January 11, 1975, from X. X.
Xxxx and wife, Xxxxxxx Xxxx, as Lessor, to Xxxxxxxxxxxx Oil
Company, as Lessee, recorded in Volume 626, Page 569, Deed
Records of Eastland County, Texas.
41-004A Oil, Gas and Mineral Lease dated September 11, 1974, from Xxxxxx
Xxxxxxx, as Lessor, to West Artesia Transmission Co., as Lessee,
recorded in Volume 406, Page 29, Deed Records of Xxxxxxxx County,
Texas.
41-004B Oil, Gas and Mineral Lease dated September 11, 1974, from Xxxxxxx
Xxxxxxxx, as Lessor, to West Artesia Transmission Co., as Lessee,
recorded in Volume 406, Page 31, Deed Records of Xxxxxxxx
County, Texas.
41-004C Oil, Gas and Mineral Lease dated September 18, 1974, from Xxxxxxx
X. Xxxx & Xxxxx Xxxx, Executors of the Estates of Xxx Xxxx and
Xxxxxxx X. Xxxx, and Xxxxx Xxxx, Individually, as Lessors, to
West Artesia Transmission Co., as Lessee, recorded in Volume 406,
Page 33, Deed Records of Xxxxxxxx County, Texas.
41-004D Oil, Gas and Mineral Lease dated August 29, 1974, from A. Xxxxxxx
Xxxx and Xxxxx X. Xxxxxxxx, as Lessors, to West Artesia
Transmission Co., as Lessee, recorded in Volume 406, Page 52,
Deed Records of Xxxxxxxx County, Texas.
41-004E Oil, Gas and Mineral Lease dated October 2, 1974, from Xxxxxx
Xxxxxxx, as Lessor, to West Artesia Transmission Co., as Lessee,
recorded in Volume 406, Page 399, Deed Records of Xxxxxxxx
County, Texas.
41-004F Oil, Gas and Mineral Lease dated September 11, 1974, from Xxxxx
Xxxxxx Xxxxxx, X. X. Xxxxxxxx, Xxxx Xxxxxxxx, and Xxx Xxx, as
Lessors, to West Artesia Transmission Co., as Lessor, recorded in
Volume 406, Page 341, Deed Records of Xxxxxxxx County, Texas.
41-005 Oil, Gas and Mineral Lease dated May 12, 1981, from Xxxxxxx X.
Xxxxxxx Xxxxxxx, dealing in her separate property and Xxxxxxx
Xxxxxxxx Xxxxxxx Xxxxxxx, dealing in her separate property, as
Lessors, to X. X. Xxxxxxx, as Lessee, recorded in Volume 595,
Page 117, Deed Records of Young County, Texas.
41-006 Oil, Gas and Mineral Lease dated January 27, 1978, from Xxxx
Xxxxx Xxxxxxx, Xxxxxx Xxxxxx Xxxxxxx and Xxxxx Xxxxxx Xxxxxxx, as
Lessors, to Xxx Xxxxxxxxx, as Lessee, recorded in Volume 671,
Page 000, Xxxx Xxxxxxx xx Xxxxxxxx Xxxxxx, Xxxxx.
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41-007 Oil, Gas and Mineral Lease dated August 31, 1977, from X. X.
Xxxxxxx and wife, Xxxxx Xxx Xxxxxxx, and Xxxxxx Xxxxxx, as
Lessors, to Xxx Xxxxxxxxx, as Lessee, recorded in Volume 423,
Page 295, Deed Records of Xxxxxxxx County, Texas.
41-008 Oil, Gas and Mineral Lease dated August 6, 1980, from Xxxxxx
Xxxxxxxxx, Xxxxxx Xxxxxxxxx, Xxxx Xx Xxxxxxx, Xxxxx Xxxx, Xxxxx
Xxxxxx, Xxx Xxxx, Xxxxxxx Xxxxxxx, Xxxxxx Xxxxxxxx, each dealing
in their separate property, as Lessors, to EnRe Corporation, as
Lessee, recorded in Volume 461, Page 374, Deed Records of
Xxxxxxxx County, Texas.
41-009 Oil, Gas and Mineral Lease dated April 20, 1979, from X. X.
Xxxxxxx and Xxxxxx Xxxxxx, as Lessors, to Xxx Xxxxxxxxx, as
Lessee, recorded in Volume 443, Page 492, Deed Records of
Xxxxxxxx County, Texas.
41-010 Oil, Gas and Mineral Lease dated June 11, 1979, from X. X.
Xxxxxx, Xxxxxxxxx Xxx Xxxxx and Xxxxx X. Xxxxxxx, as Lessors, to
Shawnee Investments, Inc., Xxxxxxxxxx First Corp. and Xxxxxx X.
Xxxxxxxx, as Lessees, recorded in Volume 550, Page 767, Deed
Records of Young County, Texas.
41-011 Oil, Gas and Mineral Lease dated February 14, 1959, from
Xxxxxxxx X. Xxxxxx and wife, Xxxxxx X. Xxxxxx, and X. X. Xxxxxx,
Individually, and as community administrator of the Estate of
himself and deceased wife, Xxxxx Xxxxxx, as Lessors, to X. X.
Xxxxxxxx, as Lessor, recorded in Volume 520, Page 577, Deed
Records of Eastland County, Texas.
41-012A Oil, Gas and Mineral Lease dated May 1, 1980, from P.O.B.
Xxxxxxxxxx, Jr., M. D., as Lessor, to Xxxxx Company, as Lessee,
recorded in Volume 474, Page 904, Deed Records of Xxxxxxxx
County, Texas, and Volume 761, Page 689, Deed Records of
Eastland County, Texas.
41-012B Oil and Gas Lease dated May 1, 1980, from Xxxxxx Xxxxxx
Xxxxxxxxxx, Individually, and First National Bank in Dallas,
Trustee Under the Will of Xxxxxxx X. Xxxxxxxxxx, Deceased, as
Lessor, to Xxxxx Company and EnRe Corp., as Lessor, recorded in
Volume 475, Page 310, Deed Records of Xxxxxxxx County, Texas, and
as corrected by instrument recorded in Volume 475, Page 315, Deed
Records of Xxxxxxxx County, Texas.
41-012C Oil and Gas Lease dated May 1, 1980, from Xxxxxxx Xxxxxxxxxx
Xxxxxxxx, as Lessor, to Xxxxx Company, as Lessee, recorded in
Volume 476, Page 497, Deed Records of Xxxxxxxx County, Texas.
41-012D Oil, Gas and Mineral Lease dated August 14, 1981, from Xxxxx X.
Xxxxx and wife, Xxxx Xxx Xxxxx, as Lessors, to EnRe Corporation,
as Lessee, recorded in Volume 81, Page 8528, Deed Records of
Eastland County, Texas, and in Volume 478, Page 662, Deed Records
of Xxxxxxxx County, Texas.
41-012E Oil, Gas and Mineral Lease dated November 21, 1975, from Xxxxx X.
Xxxxx and wife, Xxxx Xxx Xxxxx, as Lessors, to Xxxxx Company,
Ltd., as Lessee, recorded in Volume 405, Page 96, Deed Records of
Xxxxxxxx County, Texas.
41-012F Oil, Gas and Mineral Lease dated August 14, 1981, from Xxxxx X.
Xxxxx and wife, Xxxx Xxx Xxxxx, as Lessors, to EnRe Corporation,
recorded in Volume 478, Page 658, Deed Records of Xxxxxxxx
County, Texas.
41-013 Oil, Gas and Mineral Lease dated September 5, 1975, from Xxxxxxx
Xxxxxx and wife, Xxxxx Xxxxxx; Xxxxxxx X. Xxxxxx and wife, Xxxxx
X. Xxxxxx; and X. X. Xxxxxx and wife, Xxxxxxxx Xxxxx Xxxxxx, as
Lessors, to X. X. Xxxxx, recorded in Volume 405, Page 409, Deed
Records of Xxxxxxxx County, Texas.
41-014 Oil, Gas and Mineral Lease dated October 1, 1979, from Xxxxxxx
Xxxxxx, as duly authorized agent and attorney in fact for Xxxxxxx
X. Xxxxxx, Xxxxx Xxx Xxxxxx, X. X. Xxxxxx, and Xxxxxxxx Xxxxx
Xxxxxx, as Lessors, to Xxx Xxxxxxxxx, as Lessee, recorded in
Volume 449, Page 286, Deed Records of Xxxxxxxx County, Texas.
41-015 Oil, Gas and Mineral Lease dated October 1, 1979, from Xxxxxxx
Xxxxxx, as duly authorized agent and attorney in fact for Xxxxxxx
X. Xxxxxx, Xxxxx Xxx Xxxxxx, X. X. Xxxxxx and Xxxxxxxx Xxxxx
Xxxxxx, as Lessors, to Xxx Xxxxxxxxx, as Lessee, recorded in
Volume 449, Page 283, Deed Records of Xxxxxxxx County, Texas.
41-016 Order Granting Application to Lease Property for Mineral
Exploration and Development at Private Sale executed by Judge
Xxxxxx X. Xxxxxx, Judge Presiding over the Guardianship of
Venice Xxxx Xxxxxxxxxx, Person and Estate, NCM, in the Probate
Court No. 1 of Tarrant County, Texas, with Oil, Gas and Mineral
Lease dated March 10, 1983 being executed under such above-
described Order by Xxxxx X. Xxxx, Xx., temporary guardian of
Venice Xxxx Xxxxxxxxxx, as Lessor, to EnRe Corporation, as
Lessee, recorded in Volume 829, Page 353, Deed Records of
Eastland County, Texas.
41-017 Oil, Gas and Mineral Lease dated March 15, 1979, from Xxx
Xxxxxxxx, Xxxx Xxxxxxxx, Xxxxx Xxxxx, Xxx Xxxx Xxxxxx, June Xxx,
Xxxxxxxxxx Xxxxx, Xxxxxxx Low, Xxxxx Xxxxxxxxxx, Xxxxxxx Xxxx
Xxxx, Xxxx XxXxxx, Xxxxx Xxxxxx, and Xxxx X. Xxxxxx, as Lessors,
to Xxx Xxxxxxxxx, as Lessee, recorded in Volume 443, Page 133,
Deed Records of Xxxxxxxx County, Texas.
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E X H I B I T " A "
XXXXXXX - XXXXXXXX PROJECT
WELL LISTING
XXXXX WELL NO. LEASE NO.
--------------------------------------------------------------------------------
Xxxxxx Xxx Xxxxxxxx 43-(037850) _____________
Xxxxxxx #1 Well 43-(036010) 00-000X,X,X,X
Xxxxxxx #2 Well 43-(036015) 00-000X,X,X,X
Xxxxxxx #3 Well 43-(036020) 43-001A,B,C,D
Xxxx Xxxxxxxx Well 43-(037855) 43-002 A - H
Xxxxxx Xxxxxxxx #1 Well 43-(037865) 43-003 A - Q
Xxxxxx Xxxxxxxx 2D Well 43-(______) 43-003 A - Q
Xxxxxx Xxxxxxxx Well 43-(037860) 43-_________
LEASE LISTING
LEASE NO. DESCRIPTION OF LEASES
--------------------------------------------------------------------------------
43-001A Oil, Gas and Mineral Lease dated August 1, 1981, from Xxxxxxx
Xxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded in Volume
572, Page 435, Deed Records of Palo Pinto County, Texas.
43-001B Oil, Gas and Mineral Lease dated August 1, 1981, from Xxxxxx
Xxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded in Volume
573, Page 733, Deed Records of Palo Pinto County, Texas.
43-001C Oil, Gas and Mineral Lease dated July 23, 1980, from Xxxxx
Partnership, Ltd., an Oklahoma Limited Partnership, and The
Xxxxx Xxxxxx Trust, Xxxxx Xxxxx Xxxxxx, Xxxx X. Xxxxxx and Xxxxx
X. Xxxxxxxx, Trustees, as Lessors, to Xxxx Xxxxxx, as Lessee,
recorded in Volume 552, Page 629, Deed Records of Palo Pinto
County, Texas.
43-001D Oil, Gas and Mineral Lease dated July 31, 1980, from Westheimer-
Neustadt Corporation, a Delaware Corporation, as Lessor, to Xxxx
Xxxxxx, as Lessee, recorded in Volume 552, Page 626, Deed Records
of Palo Pinto County, Texas.
43-002A Oil, Gas and Mineral Lease dated January 2, 1984, from Xxx X.
Xxxxx, as Court appointed Receiver for Great Central Oil Company,
X. X. Xxxxxxx, W. A. Xxxxxxx, Xxxxx X. Xxxxxxx and X. X. Xxxxxx,
as Lessors, to Austex Energy, Inc., as Lessee, recorded in Volume
632, Page 580, Deed Records of Palo Pinto County, Texas.
43-002B Oil, Gas and Mineral Lease dated January 2, 1984, from Xxxx X.
Xxxxxxx Xxxxx, as Lessor, to Austex Energy, Inc., as Lessee,
recorded in Volume 632, Page 582, Deed Records of Palo Pinto
County, Texas.
43-002C Oil, Gas and Mineral Lease dated January 21, 1984, from X. X.
Xxxxxxx, as Lessor, to Austex Energy, Inc., as Lessee, recorded
in Volume 632, Page 584, Deed Records of Palo Pinto County,
Texas.
43-002D Oil, Gas and Mineral Lease dated January 2, 1984, from Truma Xxx
Xxxxxxxxxxx, as Lessor, to Austex Energy, Inc., as Lessee,
recorded in Volume 632, Page 588, Deed Records of Palo Pinto
County, Texas.
43-002E Oil, Gas and Mineral Lease dated January 17, 1984, from Xxxxxx X.
Xxxxx, as Lessor, to Austex Energy, Inc., as Lessee, recorded in
Volume 623, Page 112, Deed Records of Palo Pinto County, Texas.
43-002F Oil, Gas and Mineral Lease dated January 2, 1984, from Xxxxxxx
Xxxxxxx Xxxxxxx, as Lessor, to Austex Energy, Inc., as Lessee,
recorded in Volume 632, Page 586, Deed Records of Palo Pinto
County, Texas.
43-002G Oil, Gas and Mineral Lease dated January 6, 1984, from Xxxxxx
Xxxxxxxx and Xxxxxx Xxxxxx, as Lessors, to Xxxx Xxxxxx, as
Lessee, recorded in Volume 617, Page 314, Deed Records of Palo
Pinto County, Texas.
43-002H Oil, Gas and Mineral Lease dated February 15, 1981, from Xxxxxx
Xxx Xxxxxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded in
Volume 562, Page 515, Deed Records of Palo Pinto County, Texas.
43-003A Oil, Gas and Mineral Lease dated January 6, 1982, from Xxxxxxx
Xxxxxxx Xxxxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded
in Volume 584, Page 545, Deed Records of Palo Pinto County,
Texas.
43-003B Oil, Gas and Mineral Lease dated January 6, 1984, from X. X.
Xxxxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded in Volume
584, Page 548, Deed Records of Palo Pinto County, Texas.
43-003C Oil, Gas and Mineral Lease dated June _, 1980, but executed as of
November 8, 1980, from Xxxxxx Xxx Xxxxxxxx and Xxxx X. Xxxxxxxx,
as Lessor, to Xxxx Xxxxxx, as Lessee, recorded in Volume 559,
Page 212, Deed Records of Palo Pinto County, Texas.
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43-003D Oil, Gas and Mineral Lease dated November 25, 1980, from Xxxxxx
Xxxxxxxx and wife, Xxxxxx Xxxxxxxx, as Lessors, to Xxxx Xxxxxx,
as Lessee, recorded in Volume 557, Page 965, Deed Records of Palo
Pinto County, Texas.
43-003E Oil, Gas and Mineral Lease dated August _, 1980, from Xxxxx
Xxxxxxx Xxxxxxx, Xxxxxx Xxxxxxx Duck, Xxxx Xxxxxxx XxXxxxxxx,
Xxxxx Xx Xxxxxxx Xxxx, Xxxxxxx Xxxxxxx Xxxxxxx and X. X. Xxxxxxx,
as Lessors, to Xxxx Xxxxxx, as Lessee, recorded in Volume 571,
Page 362, Deed Records of Palo Pinto County, Texas.
43-003F Oil, Gas and Mineral Lease dated August _, 1980, from Xxxx X.
Xxxxxxxx and X. X. Xxxxxxxx, as Lessors, to Xxxx Xxxxxx, as
Lessee, recorded in Volume 553, Page 554, Deed Records of Palo
Pinto County, Texas.
43-003G Oil, Gas and Mineral Lease dated July 1, 1980, from Xxxxxx X.
Xxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx X. Xxxxxxx (and Xxxxxx Xxxxxxxx),
as Lessors, to Xxxx Xxxxxx, as Lessee, recorded in Volume 553,
Page 550, Deed Records of Palo Pinto County, Texas.
43-003H Oil, Gas and Mineral Lease dated August __, 1980, from Xxxxxx X.
Xxxxxxx, Truma Xxx Xxxxxxxxxxx, Xxxx X. Xxxxx and Xxxxxx X.
Xxxxxxx, as Lessors, to Xxxx Xxxxxx, as Lessee, recorded in
Volume 553, Page 558, Deed Records of Palo Pinto County, Texas.
43-003I Oil, Gas and Mineral Lease dated August _, 1980, from Xxxxxx Xxxxx
Blake, through her attorney-in-fact, Xxxxx Xxxxx Xxxxx, as
Lessor, to Xxxx Xxxxxx, as Lessee, recorded in Volume 557, Page
961, Deed Records of Palo Pinto County, Texas.
43-003J Oil, Gas and Mineral Lease dated August 15, 1981, from Xxxxx Xx
Xxxxxxx Xxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded in
Volume 572, Page 437, Deed Records of Palo Pinto County, Texas.
43-003K Oil, Gas and Mineral Lease dated September _, 1980, from Xxxx
Xxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded in Volume
555, Page 888, Deed Records of Palo Pinto County, Texas.
43-003L Oil, Gas and Mineral Lease dated September _, 1980, from Xxxxx X.
Xxxxxxxxx, Xx., and wife, Xxxx Xxxxxxxxx, as Lessors, to Xxxx
Xxxxxx, as Lessee, recorded in Volume 555, Page 885, Deed Records
of Palo Pinto County, Texas.
43-003M Oil, Gas and Mineral Lease dated September _, 1980, from Col.
Xxxxx Xxxxxxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded
in Volume 555, Page 882, Deed Records of Palo Pinto County, Texas.
43-003N Oil, Gas and Mineral Lease dated September _, 1980, from Xxxxx
Xxxx XxXxxxxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded
in Volume 557, Page 364, Deed Records of Palo Pinto County,
Texas.
43-003O Oil, Gas and Mineral Lease dated September _, 1980, from Xxxxxx
Xxxxxxxx Xxxxxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded
in Volume 557, Page 359, Deed Records of Palo Pinto County,
Texas.
43-003P Oil, Gas and Mineral Lease dated October 30, 1980, from A. D.
Xxxxxxxx, and wife, Xxxxxxxxx Xxxxxxxx, as Lessors, to Xxxx
Xxxxxx, as Lessee, recorded in Volume 557, Page 356, Deed Records
of Palo Pinto County, Texas.
43-003Q Oil, Gas and Mineral Lease dated June 15, 1981, from Xxxxxx
Xxxxxxxx Xxxxxx, as Lessor, to Xxxx Xxxxxx, as Lessee, recorded
in Volume 569, Page 480, Deed Records of Palo Pinto County,
Texas.
43-004A Oil, Gas and Mineral Lease dated November 25, 1980, from Xxxxxx
Xxxxxxxx and wife, Xxxxxx Xxxxxxxx, as Lessors, to Xxxx Xxxxxx,
as Lessee, recorded in Volume 557, Page 965, Deed Records of Palo
Pinto County, Texas.
43-004B Oil, Gas and Mineral Lease dated July 31, 1980, from Westheimer-
Neustadt Corporation, a Delaware Corporation, as Lessor, to Xxxx
Xxxxxx, as Lessee, recorded in Volume 552, Page 623, Deed Records
of Palo Pinto County, Texas.
