This form is a Rocky Mountain Lease agreement wherein Lessor grants, leases, and lets exclusively to Lessee the lands described within for the purposes of conducting seismic and geophysical operations, exploring, drilling, mining, and operating for, producing and owning oil, gas, sulfur, and all other minerals whether or not similar to those mentioned (collectively the oil or gas ), and the right to make surveys, lay pipelines, establish and utilize facilities for surface or subsurface disposal of salt water, construct roads and bridges, dig canals, build tanks, power stations, power lines, telephone lines, and other structures on the Lands, necessary or useful in Lessee's operations on the Lands or any other land adjacent to the Lands. This lease is a paid up lease and provides for pooling.
Maricopa Arizona Oil and Gas Lease — Rocky Mountain Paid U— - Form A is a legal document that grants the right to explore, develop, and produce oil and gas resources in Maricopa, Arizona. This lease is specific to the Rocky Mountain region and is considered a "Paid Up" lease, which means that the lessee has already paid the lease bonus for the entire lease term. Keywords: Maricopa Arizona, oil and gas lease, Rocky Mountain, Paid Up, Form A, explore, develop, produce, resources. Different types of Maricopa Arizona Oil and Gas Lease — Rocky Mountain Paid U— - Form A include: 1. Standard Form A Lease: This is the most common type of lease used in Maricopa, Arizona, for oil and gas exploration and production. It outlines the rights and obligations of both the lessor (landowner) and the lessee (oil and gas company). 2. Short-Term Form A Lease: This type of lease is typically used for a shorter duration, allowing the lessee to explore and produce oil and gas resources on the leased property for a limited period. It may have different terms and conditions compared to a standard long-term lease. 3. Extended Form A Lease: This lease type provides the lessee with an extended lease term, allowing for a longer period of exploration and production. It may be negotiated when the lessee expects more time to recover resources from the leased property. 4. Modified Form A Lease: A modified lease may have additional clauses or provisions that are tailored to specific circumstances or requirements of the lessor or lessee. This type of lease may include custom terms related to environmental concerns, land use restrictions, or financial arrangements. 5. Joint Venture Form A Lease: A joint venture lease is entered into by multiple parties who collaborate and pool resources to explore and develop oil and gas resources. It allows for shared risks, costs, and profits between the joint venture partners. Each type of Maricopa Arizona Oil and Gas Lease — Rocky Mountain Paid U— - Form A may have variations in terms, conditions, and provisions, depending on the specific needs and agreements of the parties involved. It is crucial for all parties to thoroughly review and understand the terms of the lease before entering into any agreements.
