Chickasaw Times

May 2008

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May 2008 Resolutions, continued from page 2 & Company, P.O. Box 516, Ardmore, Oklahoma 73402, has submitted an acceptable bid of $811.00 per acre for a total bonus of $8,110.00, of which the Chickasaw Nation shall receive $2,027.50, on property belonging to the Choctaw and Chickasaw Nations described as an undivided ½ mineral interest in the S/2 SW/4 SW/4 of Section 12, Township 4 South, Range 2 West, Carter County, Oklahoma, containing 20.00 acres, for a pri- mary term of three (3) years with a $3.00 per acre annual rental for a total of $30.00, of which the Chickasaw Nation will receive $7.50 per annum, and a royalty rate of 18.75%. Presented By: Land Develop- ment Committee Dr. Judy Goforth Parker, Com- mittee Chair Yes votes: Beth Alexander, Katie Case, Scott Colbert, Tim Colbert, Holly Easterling, Mary Jo Green, Donna Hartman, Dean McManus, Judy Goforth Parker, Wanda Blackwood Scott, David Woerz, Steve Woods, Linda Briggs General Resolution Number GR25-036 Oil and Gas Lease in Bryan County Tribal Tract No. 690 ½ Explanation: This resolution approves an Oil and Gas Lease in favor of Chesapeake Explora- tion Limited Partnership, P.O. Box 18496, Oklahoma City, OK 73154-0496. Chesapeake Ex- ploration, LP, P. O. Box 18496, Oklahoma City, OK 73154- 0496, has submitted an accept- able bid of $452.00 per acre for a total bonus of $12,000.60, of which the Chickasaw Na- tion shall receive $3,000.15, on property belonging to the Choctaw and Chickasaw Na- tions described as an undivided ½ mineral interest in Lots 2 and 3 of Section 13, Township 8 South, Range 12 East, Bryan County, Oklahoma, containing 53.10 acres, more or less, for a primary term of three (3) years with a $3.00 per acre annual rental for a total of $79.65, of which the Chickasaw Nation will receive $19.91 per annum, and a royalty rate of 18.75%. Presented By: Land Develop- ment Committee Dr. Judy Goforth Parker, Com- mittee Chair Yes votes: Beth Alexander, Katie Case, Scott Colbert, Tim Colbert, Holly Easterling, Mary Jo Green, Donna Hartman, Dean McManus, Judy Goforth Parker, Wanda Blackwood Scott, David Woerz, Steve Woods, Linda Briggs General Resolution Number 25-037 Oil and Gas Lease in Bryan County Tribal Tract No. 318 ½ Explanation: This resolution approves an Oil and Gas Lease in favor of Chesapeake Explo- ration, LP, P. O. Box 18496, Oklahoma City, OK 73154- 0496. Chesapeake Exploration, LP, P. O. Box 18496, Oklahoma City, Oklahoma 73154-0496, has submitted an acceptable bid of $452.00 per acre for a total bonus of $9,928.18, of which the Chickasaw Nation shall receive $2,482.05, on property belonging to the Choctaw and Chickasaw Nations described as an undivided ½ mineral interest in and to Lot 3 and Lot 4 less 5.07 acres described as; begin- ning at the Northeast corner of the SW/4 NE/4 NE/4 of Section 19, Township 9 South, Range 10 East; thence West 660 feet; thence South 1110 feet; thence North 47°East, 902 feet; thence North 495 feet to the point of beginning and beginning at the Northwest corner of Lot 4; thence East 422 feet; thence South 47°West 577 feet; thence North 394 feet to the point of beginning, Bryan County, Okla- homa, containing 43.93 acres, more or less, for a primary term of three (3) years with a $3.00 per acre annual rental for a total of $65.90, of which the Chickasaw Nation will receive $16.48 per annum, and a royalty rate of 18.75%. Presented By: Land Develop- ment Committee Dr. Judy Goforth Parker, Com- mittee Chair Yes votes: Beth Alexander, Katie Case, Scott Colbert, Tim Colbert, Holly Easterling, Mary Jo Green, Donna Hartman, Dean McManus, Judy Goforth Parker, Wanda Blackwood Scott, David Woerz, Steve Woods, Linda Briggs General Resolution Number 25-038 Oil and Gas Lease in Bryan County Tribal Tract No. 689 Explanation: This resolu- tion approves an Oil and Gas Lease in favor of Chesapeake Exploration Limited Partner- ship, P.O. Box 18496, Okla- homa City, OK 73154-0496. Chesapeake Exploration, LP, P. O. Box 18496, Oklahoma City, OK 73154-0496, has submitted an acceptable bid of $452.00 per acre for a total bonus of $1,988.80, of which the Chickasaw Nation shall receive $497.20, on property belonging to the Choctaw and Chickasaw Nations described as an undivided ½ mineral interest in and to the NW 4 acres and the South 4.80 acres of Lot 2 of Section 23, Township 8 South, Range 12 East, Bryan County, Oklahoma, containing 8.80 acres, more or less, for a primary term of three (3) years with a $3.00 per acre annual rental for a total of $13.20, of which the Chickasaw Nation will receive $3.30 per annum, and a royalty rate of 18.75%. Presented By: Land Develop- ment Committee Dr. Judy Goforth Parker, Com- mittee Chair Yes votes: Beth Alexander, Katie Case, Scott Colbert, Tim Colbert, Holly Easterling, Mary Jo Green, Donna Hartman, Dean McManus, Judy Goforth Parker, Wanda Blackwood Scott, David Woerz, Steve Woods, Linda Briggs General Resolution Number 25-039 Oil and Gas Lease in Bryan County Part of Tribal Tract No. 677 ½ Explanation: This resolution approves an Oil and Gas Lease in favor of Chesapeake Explora- tion Limited Partnership, P.O. Box 18496, Oklahoma City, OK 73154-0496. Chesapeake Ex- ploration, LP, P. O. Box 18496, Oklahoma City, OK 73154- 0496, has submitted an accept- able bid of $452.00 per acre for a total bonus of $10,377.92, of which the Chickasaw Na- tion shall receive $2,594.48, on property belonging to the Choctaw and Chickasaw Na- tions described as an undivided ½ mineral interest in and to Lot 6 of Section 13, Township 8 South, Range 12 East, Bryan County, Oklahoma, containing 45.92 acres, more or less, for a primary term of three (3) years with a $3.00 per acre annual rental for a total of $68.88, of which the Chickasaw Nation will receive $17.22 per annum, and a royalty rate of 18.75%. Presented By: Land Develop- ment Committee Dr. Judy Goforth Parker, Com- mittee Chair Yes votes: Beth Alexander, Katie Case, Scott Colbert, Tim Colbert, Holly Easterling, Mary Jo Green, Donna Hartman, Dean McManus, Judy Goforth Parker, Wanda Blackwood Scott, David Woerz, Steve Woods, Linda Briggs General Resolution Number 25-040 Oil and Gas Lease in Bryan County Tribal Tract No. 677 Explanation: This resolution approves an Oil and Gas Lease in favor of Chesapeake Explora- tion Limited Partnership, P.O. Box 18496, Oklahoma City, OK 73154-0496. Chesapeake Ex- ploration, LP, P. O. Box 18496, Oklahoma City, OK 73154-0496, has submitted an acceptable bid of $452.00 per acre for a total bonus of $3,152.70, of which the Chickasaw Nation shall receive $788.18, on property See Resolutions, page 60 Chickasaw Times 59

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