Document:

Assignment of Oil and Gas Leasehold

 Exhibit 10.71 
  
 ASSIGNMENT OF OIL AND GAS LEASEHOLD 
  

THE STATE OF TEXAS 
  
 COUNTY OF BURLESON 
  
 KNOW ALL MEN BY THESE PRESENTS: 
  
 THAT TODD REED, INC., with address of P.O. Box 2498, Round Rock, Texas 78680, for and in consideration of the sum of Ten Dollars ($10.00), the receipt of
which is acknowledged, does hereby ASSIGN, TRANSFER AND CONVEY unto H. HAL MCKINNEY, with address 627 North Main, Rockdale, Texas 76567, as ASSIGNEE, all of its right, title and interest in the Coffield B-11 well and the associated equipment, RRC
#12133, being 44.8 acre Oil and Gas Leasehold out of the James Shaw Survey A-227, Burleson County, Texas, being the same tract found in Vol. 65 pg. 890 of the Oil and Gas Lease records of Burleson County, Texas. 
  
 However, H. HAL MCKINNEY, agrees to assume full responsibility, liability,
cost, and risk of plugging and abandonment of said well and threshold. 
  
 This instrument shall be binding upon and inure to the benefit of TODD REED, INC., and H. HAL MCKINNEY and their respective successors and assignors. 
  

EXECUTED this 4th
day of April, 2002. 
  

	
	
	 /s/ Illegible

	 TODD REED, INC.

  
 THE STATE OF TEXAS 
 COUNTY OF WILLIAMSON 
  
 This instrument was acknowledged before me on this 4th day of April, 2002, by Todd Reed. 
  

	
	
	 /s/ Susan J. Pechmann

	 Notary Public, state of Texas

  

 EXTENSION AND RATIFICATION OF OIL AND GAS LEASE 
  
 State of Texas 
  
 County of Milam 
  
 Whereas, on June 15, 1997, an oil, gas, and mineral lease was entered into by and between William L. Moll as Lessor, and H. Hal McKinney as Lessee. Said
lease is recorded in Volume 790, Page 122, Oil and Gas Records Milam County, Texas. 
  
 Now, therefore, in consideration of Ten and No/100 Dollars and other valuable considerations here by acknowledged, the parties hereby Ratify the oil and gas lease and extend the primary term of said lease. The
extended period will expire on March 1, 2003. 
  
 Signed for effect this
4th day of April 2002 
  

	
	
	 /s/ William L. Moll

	 William L. Moll

  

			
	State of Texas	  	 
	County of Illegible	  	 KNOW ALL MEN BY THESE PRESENT

  
 Before me, the
undersigned authority, on this day personally appeared William L. Moll known to me to be the person where name is subscribed to in the foregoing instrument, and acknowledged to me that he/she executed the same as a free act and deed for the purposes
and consideration therein expressed. 
  
 Given under my hand and
seal of office this 4th day of April 2002 
  

	
	
	 /s/ Sharon R. Wilkerson

	 Notary Public

	
	 My commission expires:Oil, Gas, and Mineral Lease

 Exhibit 10.72 
  

					
	Producers 88 (7-69)–Paid Up	 	 	 	©POUND PRINTING & STATIONERY COMPANY
	With 640 Acres Pooling Provision	 	TEXAS STANDARD FORM	 	2325 FANNIN, HOUSTON, TEXAS 77002 (713) 659-3159

  
 OIL, GAS AND MINERAL
LEASE 
  
 THIS AGREEMENT made this 4th day of January 1995,
between Flora Mae Owens Lessor (whether one or more), whose address is: P. O. BOX 421, Buffalo, Tx. 75831 and H. Hal McKinney, 627 N. Main, Rockdale, Tx. 76567, Lessee, WITNESSETH: 
  
 1. Lessor, in consideration of Ten and no/100 Dollars, receipt of which is hereby acknowledged, and of the covenants and
agreements of lessee hereinafter contained, does hereby grant, lease and let unto lessee the land covered hereby for the purposes and with the exclusive right of exploring, drilling, mining and operating for, producing and owning oil, gas, sulphur
and all other minerals (whether or not similar to those mentioned), together with the right to make surveys on said land, lay pipe lines, establish and utilize facilities for surface or subsurface disposal of salt water, construct roads and bridges,
dig canals, build tanks, power stations, telephone lines, employee houses and other structures on said land, necessary or useful in lessee’s operations in exploring, drilling for, producing, treating, storing and transporting minerals produced
from the land covered hereby or any other land adjacent thereto. The land covered hereby, herein called “said land”, is located in the County of Milam, State of Texas, and is described as follows: 
  
 Being 229 acres more or less out of the William Allen Survey, A–72
Milam County, Texas said property is more fully described in Volume 583, Page 574 and Volume 683, Page 574, of the deed records of Milam County, Texas. Also described by RRC Lease #01198. 
  
 This lease also covers and includes, in addition to that above described, all land, if any, contiguous or adjacent to or adjoining the land
above described and (a) owned or claimed by lessor by limitation, prescription, possession, reversion or unrecorded instrument or (b) as to which lessor has a preference right of acquisition. Lessor agrees to execute any supplemental instrument
requested by lessee for a more complete or accurate description of said land. For the purpose of determining the amount of any bonus or other payment hereunder, said land shall be deemed to contain 229 acres, whether actually containing more or
less, and the above recital of acreage in any tract shall be deemed to be the true acreage thereof. Lessor accepts the bonus as lump sum consideration for this lease and all rights and options hereunder. 
  
 2. Unless sooner terminated or longer kept in force under other provisions
hereof, this lease shall remain in force for a term of 1 year from the date hereof, hereinafter called “primary term”, and as long thereafter as operations, as hereinafter defined, are conducted upon said land with no cessation for more
than ninety (90) consecutive days. 
  
 3. As royalty, lessee
covenants and agrees: (a) To deliver to the credit of lessor, in the pipe line to which lessee may connect its wells, the equal one-eighth part of all oil produced and saved by lessee from said land, or from time to time, at the option of lessee, to
pay lessor the average posted market price of such one-eighth part of such oil at the wells as of the day it is run to the pipe line or storage tanks, lessor’s interest, in either case, to bear one-eighth of the cost of treating oil to render
it marketable pipe line oil; (b) To pay lessor on gas and casinghead gas produced from said land (1) when sold by lessee, one-eighth of the amount realized by lessee, computed at the mouth of the well, or (2) when used by lessee off said land or in
the manufacture of gasoline or other products, the market value, at the mouth of the well, of one-eighth of such gas and casinghead gas; (c) To pay lessor on all other minerals mined and marketed or utilized by lessee from said land, one-tenth
either in kind or value at the well or mine at lessee’s election, except that on sulphur mined and marketed the royalty shall be one dollar ($1.00) per long ton. If, at the expiration of the primary term or at any time or times thereafter,
there is any well on said land or on lands with which said land or any portion thereof has been pooled, capable of producing oil or gas, and all such wells are shut-in, this lease shall, nevertheless, continue in force as though operations were
being conducted on said land for so long as said wells are shut-ins, and thereafter this lease may be continued in force as if no shut-in had occurred. Lessee covenants and agrees to use reasonable diligence to produce, utilize, or market the
minerals capable of being produced from said wells, but in the exercise of such diligence, lessee shall not be obligated to install or furnish facilities other than well facilities and ordinary lease facilities of flow lines, separator, and lease
tank, and shall not be required to settle labor trouble or to market gas upon terms unacceptable to lessee. If, at any time or times after the expiration of the primary term, all such wells are shut-in for a period of ninety consecutive days, and
during such time there are no operations on said land, then at or before the expiration of said ninety day period, lessee shall pay or tender, by check or draft of lessee, as royalty, a sum equal to one dollar ($ 1.00) for each acre of land then
covered hereby. Lessee shall make like payments or tenders at or before the end of each anniversary of the expiration of said ninety day period if upon such anniversary this lease is being continued in force solely by reason of the provisions of
this paragraph. Each such payment or tender shall be made to the parties who at the time of payment would be entitled to receive the royalties which would be paid under this lease if the wells were producing, and may be deposited in the NBC Bank at
ROCKDALE, or its successors, which shall continue as the depositories, regardless of changes in the ownership of shut-in royalty. If at any time that lessee pays or tenders shut-in royalty, two or more parties are, or claim to be, entitled to
receive same, lessee may, in lieu of any other method of payment herein provided, pay or tender such shut-in royalty, in the manner above specified, either jointly to such parties or separately to each in accordance with their respective ownerships
thereof, as lessee may elect. Any payment hereunder may be made by check or draft of lessee deposited in the mail or delivered to the party entitled to receive payment or to a depository bank provided for above on or before the last date for
payment. Nothing herein shall impair lessee’s right to release as provided in paragraph 5 hereof. In the event of assignment of this lease in whole or in part, liability for payment hereunder shall rest exclusively on the then owner or owners
of this lease, severally as to acreage owned by each. 
  
 4.
Lessee is hereby granted the right, at its option, to pool or unitize any land covered by this lease with any other land covered by this lease, and/or with any other land, lease, or leases, as to any or all minerals or horizons, so as to establish
units containing not more than 80 surface acres, plus 10% acreage tolerance; provided, however, units may be established as to any one or more horizons, or existing units may be enlarged as to any one or more horizons, so as to contain not more than
640 surface acres plus 10% acreage tolerance, if limited to one or more of the following: (1) gas, other than casinghead gas, (2) liquid hydrocarbons (condensate) which are not liquids in the subsurface reservoir, (3) minerals produced from wells
classified as gas wells by the conservation agency having jurisdiction. If larger units than any of those herein permitted, either at the time established, or after enlargement, are required under any governmental rule or order, for the drilling or
operation of a well at a regular location, or for obtaining maximum allowable from any well to be drilled, drilling, or already drilled, any such unit may be established or enlarged to conform to the size required by such governmental order or rule.
Lessee shall exercise said option as to each desired unit by executing an instrument identifying such unit and filing it for record in the public office in which this lease is recorded. Each of said options may be exercised by lessee at any time and
from time to time while this lease is in force, and whether before or after production has been established either on said land, or on the portion of said land included in the unit, or on other land unitized therewith. A unit established hereunder
shall be valid and effective for all purposes of this lease even though there may be mineral, royalty, or leasehold interests in lands within the unit which are not effectively pooled or unitized. Any operations conducted on any part of such
unitized land shall be considered, for all purposes, except the payment of royalty, operations conducted upon said land under this lease. There shall be allocated to the land covered by this lease within each such unit (or to each separate tract
within the unit if this lease covers separate tracts within the unit) that proportion of the total production of unitized minerals from the unit, after deducting any used in lease or unit operations, which the number of surface acres in such land
(or in each such separate tract) covered by this lease within the unit bears to the total number of surface acres in the unit, and the production so allocated shall be considered for all purposes, including payment or delivery of royalty, overriding
royalty and any other payments out of production, to be the entire production of unitized minerals from the land to which allocated in the same manner as though produced therefrom under the terms of this lease. The owner of the reversionary estate
of any term royalty or mineral estate agrees that the accrual of royalties pursuant to this paragraph or of shut-in royalties from a well on the unit shall satisfy any limitation of term requiring production of oil or gas. The formation of any unit
hereunder which includes land not covered by this lease shall not have the effect of exchanging or transferring any interest under this lease (including, without limitation, any shut-in royalty which may become payable under this lease) between
parties owning interests in land covered by this lease and parties owning interests in land not covered by this lease. Neither shall it impair the right of lessee to release as provided in paragraph 5 hereof, except that lessee may not so release as
to lands within a unit while there are operations thereon for unitized minerals unless all pooled leases are released as to lands within the unit. At any time while this lease is in force lessee may dissolve any unit established hereunder by filing
for record in the public office where this lease is recorded a declaration to that effect, if at that time no operations are being conducted thereon for unitized minerals. Subject to the provisions of this paragraph 4, a unit once established
hereunder shall remain in force so long as any lease subject thereto shall remain in COPY CUT-OFF If this lease now or hereafter covers separate tracts, no pooling or unitization of royalty interests as between any such separate tracts is
intended or shall be implied or COPY CUT-OFF the inclusion of such separate tracts within this lease but lessee shall nevertheless have the right to pool or unitize as provided in this paragraph 4 with consequent COPY CUT-OFF herein
provided. As used in this paragraph 4, the words “separate tract” mean any tract with royalty ownership differing, now or hereafter, either COPY CUT-OFF other part of the leased premises. 
  
 COPY CUT-OFF execute and deliver to lessor or file for record a
release or releases of this lease as to any part or all of said land or COPY CUT-OFF obligations, as to the released acreage or interest. 
  
 COPY CUT-OFF for and any of the following: drilling, testing, completing, xxx recompleting, deepening, COPY CUT-OFF gas, sulphur or other
minerals, excavating xxx xxx of oil, gas, sulphur COPY CUT-OFF. 
  

 COPY CUT-OFF 
  
 COPY CUT-OFF 
  
 COPY CUT-OFF and agrees to defend title to said land against the claims of all persons whomsoever. Lessor’s rights and interests hereunder
shall be charged COPY CUT-OFF taxes or other liens, or interest and other charges on said land, but lessor agrees that lessee shall have the right at any time to pay or reduce same COPY CUT-OFF or after maturity, and be subrogated to
the rights of the holder thereof and to deduct amounts so paid from royalties or other payments payable or which COPY CUT-OFF payable to lessor and/or assigns under this lease. If this lease covers a less interest in the oil, gas, sulphur, or
other minerals in all or any part of said land than COPY CUT-OFF and undivided fee simple estate (whether lessor’s interest is herein specified or not), or no interest therein, then the royalties and other moneys accruing from any part
as to which this lease covers less than such full interest, shall be paid only in the proportion which the interest therein, if any, covered by this lease, bears to the whole and undivided fee simple estate therein. All royalty interest covered by
this lease (whether or not owned by lessor) shall be paid out of the royalty herein provided. This lease shall be binding upon each party who executes it without regard to whether it is executed by all those named herein as lessor. 
  
 11. If, while this lease is in force, at, or after the expiration of the
primary term hereof, it is not being continued in force by reason of the shut-in well provisions of paragraph 3 hereof, and lessee is not conducting operations on said land by reason of (1) any law, order, rule or regulation, (whether or not
subsequently determined to be invalid) or (2) any other cause, whether similar or dissimilar, (except financial) beyond the reasonable control of lessee, the primary term hereof shall be extended until the first anniversary date hereof occurring
ninety (90) or more days following the removal of such delaying cause, and this lease may be extended thereafter by operations as if such delay had not occurred. 
  
 IN WITNESS WHEREOF, this instrument is executed on the date first above written. 
  

					
			
	 /s/ Illegible
	 	 	 	  
			
	  	 	 	 	  
			
	###-##-#### SS. #	 	 	 	  
	 LESSOR                                      
      SS. OR TAX I.D. NO.
	 	 	 	 LESSOR                                      
      SS. OR TAX I.D. NO.

  
 ACKNOWLEDGEMENT                 
  
 STATE OF TEXAS 
 COUNTY OF LEON 
  
 This instrument was acknowledged
before me on the 4th day of January, 1995, by FLORA MAE OWENS MURPHREE. 
  

	
	
	 /s/ Linda A. Young

	 Notary Public, State of Texas

	 Notary’s name (printed): Linda A. Young

	
	 Notary’s commission expires: 10-03-97

  
 ACKNOWLEDGEMENT                 
  
 STATE OF 
 COUNTY OF 
  
 This instrument was acknowledged before me
on the                      day of
                                        
    , 19    , by
                                        
                                        .

  

	
	
	 
	 Notary Public, State of Texas

	 Notary’s name (printed):

	
	 Notary’s commission expires: 
 CORPORATE ACKNOWLEDGEMENT

  
 STATE OF 
 COUNTY OF 
  
 This instrument was acknowledged before me on the                  day of
                                        
    , 19    ,
by                                        
                                        
    ,
                                        
                                        ,

 of
                                        
                                        
                                        
                                        
      , 
 a
                                        
         corporation, on behalf of said corporation. 
  

	
	
	 
	 Notary Public, State of Texas

	 Notary’s name (printed):

	
	 Notary’s commission expires:

  
 CLERK’S NOTICE: ANY
PROVISION HEREIN WHICH RESTRICTS THE SALE, RENTAL OR USE OF THE DESCRIBED REAL PROPERTY BECAUSE OF COLOR OR RACE, IS INVALID AND UNENFORCEABLE UNDER FEDERAL LAW. 
  
 THE STATE OF TEXAS 
 COUNTY OF MILAM

  
 I hereby certify that this instrument was FILED on the
date and at the time stamped hereon by me and was duly RECORDED in the Official Records of Milam County, Texas, in the Volume and Page as noted hereon by me. 
  
 Laverne Soefje 
 County Clerk, Milam County
Texas 
  
 By Barbara Vansa Deputy RECORDED 2-6-95 @ 5 P.M.
OFFICIAL PUBLIC RECORDS, Volume 703 Page 651 
  
 Producers 88 (7/69) – Paid
Up 
 with 640 Acres Pooling Provision 
 No. 18269 

  
 Oil, Gas and Mineral Lease 
  
 COPY CUT-OFF 
  
 When recorded return to 
  
 xxx 627 N. Main 
  
 COPY CUT-OFF

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