OIL AND GAS LEASE [UL Lease ###### ]August 12th, 2021
FiledAugust 12th, 2021This 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 [Month, Date, Year] (the “Effective Date”) between the State of Texas, acting by and through University Lands or its authorized designees (collectively, “Lessor”) whose address is 704 West Dengar Avenue, Midland, Texas 79702-0553 and [Insert Lessee Legal Name] (“Lessee”), whose address is [Insert Lessee Address]. Lessee submitted a bid for this Lease pursuant to the laws and rules governing PUF lands and University Lands Lease Sale Notice #130. 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 #130, 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 La
OIL AND GAS LEASE [UL Lease ######]August 11th, 2017
FiledAugust 11th, 2017This 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 [Month, Day, Year] (the “Effective Date”) between the State of Texas, acting by and through University Lands or its authorized designees (collectively, “Lessor”) whose address is 704 West Dengar Avenue, Midland, Texas 79702-0553 and [Insert Lessee Legal Name] (“Lessee”), whose address is [Insert Lessee Address]. 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 #128, 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 Lan