Utah Lease for Oil, Gas and Associated Hydrocarbons FormUtah Lease for Oil, Gas and Associated Hydrocarbons FormUtah Lease for Oil, Gas and Associated Hydrocarbons Form
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Director’s Agenda Date (Office use only):

MINERAL LEASE NO. ______________
GRANT:

UTAH STATE LEASE FOR
OIL, GAS AND ASSOCIATED HYDROCARBONS
THIS OIL, GAS AND ASSOCIATED HYDROCARBONS LEASE AND AGREEMENT (the “Lease”) is
entered into effective the
day of ____, 20 , (the “Effective Date”), by and between the STATE OF UTAH, acting
by and through the SCHOOL AND INSTITUTIONAL TRUST LANDS ADMINISTRATION, 675 East 500 South, Suite
500, Salt Lake City, Utah 84102, (hereinafter “Lessor”), and

having a business address as shown above (hereinafter “Lessee”, whether one or more).
WITNESSETH:
That the State of Utah, as Lessor, in consideration of the rentals, royalties, and other financial consideration
required to be paid by Lessee, and the covenants of Lessee set forth below, does hereby GRANT AND LEASE to Lessee
the exclusive right and privilege to explore for, drill for, produce, save and sell or otherwise dispose of oil, gas and
hydrocarbons (the “Leased Substances” as hereinafter defined) l