Mineral Deed

# Mineral Deed **MINERAL DEED** **KNOW ALL PERSONS BY THESE PRESENTS:** That ___________ ("Grantor"), for and in consideration of the sum of ___________ (and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged), does hereby GRANT, BARGAIN, SELL, AND CONVEY unto ___________ ("Grantee"), whose mailing address is ___________, and to Grantee's heirs, successors, and assigns forever, the following described mineral interest: --- ## 1. Property Description **County and State:** ___________ **Legal Description of Surface Tract:** ___________ **Parcel / APN:** ___________ **Gross Surface Acres (approximate):** ___________ --- ## 2. Mineral Interest Conveyed Grantor conveys to Grantee an undivided ___________ (e.g., "1/2", "1/4", "all") interest in and to all oil, gas, casinghead gas, coalbed methane, coal, lignite, uranium, sulphur, potash, salt, and all other minerals, whether hydrocarbon or non-hydrocarbon, in, on, and under the Property described above, together with: (a) The right to receive bonuses, rentals, royalties, shut-in royalties, and all other benefits accruing under any oil and gas lease or other mineral agreement now in effect or hereafter executed covering the Property, proportionate to the interest conveyed herein; (b) The right to execute oil and gas leases and other mineral agreements covering the interest conveyed herein; (c) All rights of ingress and egress over and across the Property to explore for, develop, produce, and market the above-described minerals, exercised in a reasonable manner consistent with Grantor's (or Grantor's successors') surface rights. **Existing Leases:** At the time of execution, the Property is [select: unleased | subject to an existing oil and gas lease described as follows: ___________ ]. Grantee shall be entitled to Grantee's proportionate share of royalties and other lease benefits accruing after the effective date of this Deed. --- ## 3. Effective Date