Common Contracts
1 similar Oil and Gas Lease contracts
OIL AND GAS LEASEOil and Gas Lease • August 24th, 2022
This Oil and Gas Lease (this “Lease”) is approved by the Board for Lease of University Lands for the lease of Permanent University Funds (“PUF”) lands and is effective and entered into on (the “Effective Date”) between the State of Texas, acting by and through University Lands or its designees (collectively, “Lessor”) whose address is 704 West Dengar Avenue, Midland, Texas 79702-0553 and (“Lessee”), whose address is . Lessee submitted a bid for this Lease pursuant to the laws and rules governing PUF lands and University Lands Lease Sale Notice # . By executing this Lease, Lessee agrees to be bound by the terms and conditions of this Lease, the conditions set forth in University Lands Lease Sale Notice # , and the Directives (a term specifically defined in Section 18 that broadly refers to certain laws and regulations, provisions of the Texas Education Code, Rules of the Board for Lease of University Lands, and policies and procedures of University Lands). Capitalized terms have the mea
