OIL AND GAS LEASEImperial Resources, Inc. • July 14th, 2011 • Miscellaneous metal ores
THIS LEASE is made and entered into on the date acknowledged but to be effective January 1, 2011, deemed the Effective Date, between Meredith Todd as Trustee of the Dewey G. Nunley Trust, referred to as Lessor, (whether one or more), whose address is 13399 N. 177th Lane, Surprise, AZ 85388, and IMPERIAL OIL & GAS, INC., referred to as Lessee, whose address 106 E. 6th St, Suite 900, Austing, TX 78701.
RE: Farmout Agreement terms for Lots 1-4, and the W/2 of W/2 of Section 33, Twp. 9S, Rge. 38E, Lea County, New Mexico.Imperial Resources, Inc. • July 14th, 2011 • Miscellaneous metal ores • New Mexico
This letter, when executed by all of the undersigned, shall constitute a contract (hereinafter referred to as the “Agreement”) between Spindletop Oil & Gas Co., (hereinafter referred to as “Farmor”) and Imperial Oil & Gas, Inc., (hereinafter referred to as “Farmee”) governing certain drilling and other operations to be performed by Farmee and the right of Farmee, upon certain conditions, to earn a limited assignment from Farmor of Farmor’s oil and gas leasehold rights, upon the terms, conditions and provisions as hereinafter set forth:
