Oil Sand Extraction Lease Agreement

This Oil Sand Extraction Lease Agreement ("Agreement") is entered into on this ____ day of __________, 20____, by and between:

LESSOR
Address
LESSEE
Address

1. Description of Leased Premises

The leased premises ("Leased Premises") are described as follows:

2. Term

The term of this lease shall begin on ______________ and continue until ________________, unless otherwise terminated in accordance with the terms herein.

3. Rent and Payments

4. Use of Premises

The Lessee shall use the Leased Premises for the purpose of oil sand extraction and related operations. The Lessee shall comply with all applicable laws and regulations.

5. Royalties

6. Maintenance and Restoration

7. Insurance

8. Assignment and Subletting

9. Termination

10. Governing Law

11. Miscellaneous

1. Entire Agreement
2. Amendments
3. Notices
4. Severability
5. Waiver

______________________ LESSOR	______________________ LESSEE
Date: ________________	Date: ________________