Common use of Site Reservation Clause in Contracts

Site Reservation. The provisions in this Section apply only to the extent TAMUS owns or controls an interest in the surface estate of the LEASED PREMISES. TAMUS reserves (besides all surface use and rights) the right to select drill site locations on the LEASED PREMISES for use by TAMUS or any third party selected by TAMUS in drilling for oil and/or gas lying under other strata, formations or tracts of land not subject to this Lease. Such sites may be selected by TAMUS during the term of this Lease (primary or extended), at such locations deemed appropriate by TAMUS, provided such locations are not in direct conflict with COMPANY’s own drill/production sites. TAMUS will provide COMPANY with a plat of selected surface acreage, not to exceed five (5) acres per location, prior to making use of such locations for drilling. TAMUS is entitled, under this reservation, to sell or lease to other drilling contractors or producers the right to utilize such location(s) as a drill site. Such activity will comply with all requirements of the Railroad Commission of Texas.

Site Reservation. The provisions in this Section apply only to the extent TAMUS owns or controls an interest in the surface estate of the LEASED PREMISES. TAMUS expressly reserves (besides in addition to all surface use and rights) the right to select drill site locations on the LEASED PREMISES for use by TAMUS or any third party selected by TAMUS in drilling for oil and/or gas lying under other strata, formations or tracts of land not subject to this Lease. Such sites may be selected by TAMUS at any time during the term of this Lease (primary or extended), at such locations deemed appropriate by TAMUS, provided such locations are not in direct conflict with COMPANY’s own drill/production sites. TAMUS will provide COMPANY with a plat of selected surface acreage, not to exceed five (5) acres per location, prior to making use of such locations for drillingdrilling purposes. TAMUS is entitled, under this reservation, to sell or lease to other drilling contractors or producers the right to utilize such location(s) as a drill sitesite for off-property directional drilling. Such activity will comply be in compliance with all requirements of the Texas Railroad Commission of TexasCommission.