The Fallon standard. (Fallon, Nev.) 1920-1958, 1920-09-02


exclusive right for years
from date hereof to prospect for oil
or gas, but for no other purpose,
the following described lands:--,
upon the express conditions follow
ing:
II. To mark each of the corners
of the claim within linety days
from date hereof with substantial
monuments so that the boundaries
can be readily traced on the
ground. and post In a conspicuous
place, upon the lands covered here.
by, a notice that such a permit has
been granted, and a description Of
the lands covered by this permit
"2. Within six months from date
hereof To install upon some portion
OF the lands a substantial and ade-
quate drilling outfit and to COM
mence actual drilling operations
"3. Within one year from date
hereof To drill one or more wells.
not less than inches In diameter
L. a depth of at least 500 feet each,
unless valuable deposits of oil or
gas shall be sooner discovered.
"A. Within two years from date
hereof to drill one or more wells to
a depth OF at least 1000 feet, un-
less valuable deposits of oil or gas
shall be sooner discovered.
"5. Not to drill any well within
200 feet of any of the outer bound
aries of the lands covered by this
permit unless the adjoining lands
have been patented or the title
thereto otherwise vested In private
owners.
IS. To carry on all operations
hereunder In accordance with ap-
proved methods and practice; TO use
all reasonable precautions to pre-
vent waste of oil or gas developed
in the land, or the entrance of wa
ter through wells drilled by permit
tee to the oil sands or oil-bearing
strata TO the destruction or injury
of the oil deposits, and to carry out,
at the expense of the permittee, all
reasonable orders of the Secretary
of the Interior relative to preyen-
ton of waste and preservation of
property. and to comply with such
regulations as may be Issued by the
Secretary of the Interior as to
methods of operation.
~. To furnish and maintain
during the period OF this permit a
bond with qualified corporate sure
ty, In the sum OF s.. conditioned
against the failure of the permittee
10 repair promptly. so far as pos
sible. any damage to the oil strata
or deposits resulting from improper
methods of operation.
"s. That this permit Is granted
upon the express condition that the
right Is reserved to the Secretary of
the Interior TO permit upon such
terms as he may determine to be
Just. for joint or several use. such
easements or rights of way. includ-
ing easements In tunnels upon.
through, or In the lands covered
hereby. Gs may be necessary or ap-
propriate to the working of the
same, or other lands containing the
deposits described in the act under
which this permit Is granted.
80. The granting of this permit
shall not preclude the allowance of
entry, location, or selection of any
OF the lands included therein.
where such entry. selection, or loca-
ton Is made with reservation OF
the mineral deposits to the United
States.
40. That until this permittee
shall apply for lease to one-quar-
ter or more of the area included
herein, he shall pay to the United
States 20 per cent OF the gross
value of all oil or gas secured by
him from the lands and sold or
otherwise disposed of, or held by
him for sale or other disposition.
al. The Secretary of the Inter-
ior reserves the right and authority
to cancel this instrument for fall
ure of the permittee to comply with
any of the conditions enumerated
herein or to exercise due diligence
In the work of development.
valid rights existing at the date
of this permit will not be affected
thereby"