State Ex Rel. Shell Oil Co. v. Register of State Land Office

LAND, Justice.

On the 11th day of May, 1936, the Governor signed an oil, gas and mineral lease from the State to the Shell Oil Company, Inc., the relator herein, the name of which was then Shell Petroleum Corporation.

A consideration of $27,500 was paid the State for the lease, for which consideration the lease remained in force for a period of one year from its date, without the necessity of drilling, and the lessee was given the right to defer the commencement of operations successively during the five-year primary term for periods of one year each by paying on or before each anniversary date…