Permitted Encumbrance. In addition to Lessor’s royalty, OCS-G 27091 is burdened with a 3.33333% of 8/8ths Overriding Royalty Interest, which has been granted by Ridgelake Energy, Inc. to Beacon Exploration and Production Company, L.L.C., pursuant the terms of that certain letter agreement dated September 7, 2004, by and between Ridgelake and Beacon Exploration and Production Company L.L.C. The aforesaid burdens are Permitted Encumbrances under the terms of this Operating Agreement. dated effective the 18th day of September, 2006, 1 Operator shall carry the following insurance for the joint account:
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Permitted Encumbrance. In addition to Lessor’s royalty, OCS-G 27091 27089 is burdened with a 3.33333% of 8/8ths Overriding Royalty Interest, which has been granted by Ridgelake Energy, Inc. to Beacon Exploration and Production Company, L.L.C., pursuant the terms of that certain letter agreement dated September 7, 2004, by and between Ridgelake and Beacon Exploration and Production Company L.L.C. The aforesaid burdens are Permitted Encumbrances under the terms of this Operating Agreement. dated effective the 18th day of September, 2006, 1 Operator shall carry the following insurance for the joint account:
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Permitted Encumbrance. In addition to Lessor’s royalty, OCS-G 27091 27078 is burdened with a 3.33333% of 8/8ths Overriding Royalty Interest, which has been granted by Ridgelake Energy, Inc. to Beacon Exploration and Production Company, L.L.C., pursuant the terms of that certain letter agreement dated September 7, 2004, by and between Ridgelake and Beacon Exploration and Production Company L.L.C. The aforesaid burdens are Permitted Encumbrances under the terms of this Operating Agreement. dated effective the 18th day of September, 2006, 1 Operator shall carry the following insurance for the joint account:
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