The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1890-07-03
NATURAL GAS CONTRACT.
bow and Where the Peoples Mon
ey will be Expended in Pros
pecting for Natural Gas.

: pecting for Natural Gas.
Memorandum of agreement
made between the ity council of
Logan locking Co., Ono. party
of the first part. and w. G. Stret
ton and Joe kee, Of Lancaster
Ohio, party of The second part,
wifnesseth. To wit
Party Of The second part agrees
to drill a well for the purpose OF
exploring for natural gas or oil,
for party of tine first part, al any
point designated by party Of the
first part, not 10 exceed one half
mile outside of the corporate
limits of Logan Ohio. Party OF
the second part, agrees 10 furnish
a complete carpenters rig, (extra
heavy, fuel, labor, machinery,
tools. and all necessary appllan-
ces to complete the we'll in q
workmahIike manner.
Said we'll 10 be drilled .mt) the
Berea Grit not to exceed one
half 10 enc inch, 700 feet more or
less. all water 10 be shut off with
5kin. casting, weighing 10 lbs. per
foot. If party of the first part
sees fit 10 discon linue drilling at
this point, 10 utilize The gas
found at this point. then party Of
the second part agrees to pack
and tube the well and anchor the
same in a workmaniike manner.
When this depth TO Berea Grit
has been attained. party of the
first part agrees to accept the
we'll to this point, and pay for the
! same, the sum OF twelve hundred
| and fifty dollars (Sl25O. .O0) at the
option Of the party ofti.e first part
upon reaching the Berea Grit.
may continue the drilling 10 the
depth of twenty five hundred
feet. Said deep hole 10 have all
water cased off just below B 'rea
Grit. with s. in. casting. weigh
in. 10 pounds per foot. Also TO
have ::all deep water cased off
with At in. casting weighing 8
pounds per foot. Party of the
first part agrees 10 paw to party
of the second part. when depth
| of twenty live hundred feet has:
been reached. the sum of twenty
fve::hundred dollars (s2500,0O.)
Party OF the second palt agrees
that when the depth of twenty
five hundred feet has been at
tanned, and The series known AS
the Clinton Limestone has been
reached, to continue the drilling
until depth OF len feet below.
Clinton Limestone Is reached,
| not to exceed three thousand feet.
Party of the first part agrees 10
pay to party of the second part.
at The rate of one dollar per foot
for all drilling over twenty five
hundred feet. Payments to be
made on the completion OF each
additional one hundred feet. be
tween twenty five hundred and
three thousand feet. Party Of
the second part TO be paid for any
fractional part of one hundred
feet which may remain unpaid
when drilling is stopped, al OPP
ton of party of The first part.
Party of the first part further
agrees to pay 10 party of the sec
ond part, seven hundred and fif-
ty dollars (s75O.0O) within thirty
days from time drilling is stop
ped al option OF party of the first
part, being balance due after de
ducting g Twelve hundred and fifty
dollars, (sl25).O0.) amount paid
when BeEea Grit was reached
and twenty five hundred dollars
| ($25O0.OO amount paid when
Twenty five hundred feet was
reached.
Party Of the second part agrees
that in case the well Is unpr0-
ductive and abandoned. to pay
10 party of the first part. the sum
of one hundred and fifty dollars
($l50.0O,) for carpenter rig, II
council desires 10 sell same, TO bt
paid for al time of settlement, a.
i, heretofore stated. Party of The
second part further agrees, at op
tion of party of the first part, Il
tube and pack the we'll al any
. point designed by party OF th'
, first part, free Of charge. on con
ditlon that party Of the first par
8 furnish tubing and packer 10 d.
, said work.
y Party of the second part fur
. ther agrees in case the we'll i
5 unprOductive, 10 make a reason
4 able effort TO pull all casing fron
). the we'll, and properly plug th
a same without any addiiiOna
compensation. and 10 pay part.