EXHIBIT 10.9
GAS GATHERING AGREEMENT
THIS AGREEMENT ("Agreement"), made and entered into this 1st day of
July, 1992 with an effective date retroactive to October 1, 1991, is executed
by and between ENERGAS PIPELINE COMPANY, INC. ("Pipeline"), an Oklahoma
Corporation, and A T GAS GATHERING SYSTEMS, INC. ("A T"), an Oklahoma
Corporation.
WHEREAS, "A T", a wholly owned subsidiary of Energas Resources Inc.,
a British Columbia, Canada Corporation, is the owner of the gathering system
pipeline situated in Sections 25, 26 and 34, T1N, R14E in Atoka County,
Oklahoma and gathering the gas from the following xxxxx: the Xxxxxx 0-00,
Xxxxxx 0-00, Xxxxxx 2-26 and the Rose 1-34, and;
WHEREAS, "Pipeline" is the gas marketer and operator of the
gathering system, gathering gas from the Xxxxxx 1-25, Xxxxxx 1-26, xxxxxx
2-26 and Xxxx Xxxx 1-34 and delivering the gas to the COP (Central Delivery
Point) interconnecting with the Associated Natural Gas "Pine Mountain"
pipeline, and;
NOW, THEREFORE, it is agreed as follows
1. That "A T" will receive a consideration of $0.17 per Mcf to be paid
monthly by operator within 60 days of production month, for the use of its
gathering system to transport all gas produced from above described xxxxx to
the COP of Associated Natural Gas.
2. This agreement, from the effective date, is to remain in effect for a
primary term of 5 years and then to renew year to year thereafter unless
changed or superseded in writing by the parties herein.
OWNER:
A T GAS GATHERING SYSTEMS, INC
By /s/ Xxxxxx X. Xxxx
------------------------------
President
OPERATOR:
ENERGAS PIPELINE COMPANY
By /s/ Xxxxxx X. Xxxx
------------------------------
President
