Commission Meeting · Keith Kuhlman ASST.SECRETARY COMMISSIONERS Kevin Stitt GOVERNOR • Matt...

Keith Kuhlman ASST. SECRETARY

COMMISSIONERS Kevin Stitt GOVERNOR • Matt Pinnell LT. GOVERNOR • Cindy Byrd STATE AUDITOR & INSPECTOR • Joy Hofmeister SUPERINTENDENT of PUBLIC INSTRUCTION • Blayne Arthur COMMISSIONER, STATE BOARD of AGRICULTURE

204 N. ROBINSON, SUITE 900, OKLAHOMA CITY, OK 73102 • clo.OK.gov

Commission Meeting

Thursday, April 9, 2020

Commissioners of the Land Office Large Conference Room

Oklahoma City, Oklahoma

COMMISSIONERS OF THE LAND OFFICE

REGULAR MEETING AGENDA

THURSDAY, APRIL 9, 2020 AT 2:00 P.M. COMMISSIONERS OF THE LAND OFFICE LARGE CONFERENCE ROOM

204 N ROBINSON, SUITE 900, OKC, OK 73102

To protect the public and CLO Staff from the spread of the COVID-19, the CLO offices are closed to the public. The public may view a livestream broadcast of the

Commissioners of the Land Office meeting at http://jwplayer.onenet.net/streams/clo.html

Governor Kevin Stitt shall attend by teleconference. Commissioner Matt Pinnell shall attend by teleconference. Commissioner Joy Hofmeister shall attend by teleconference. Commissioner Cindy Byrd shall attend by teleconference. Commissioner Blayne Arthur shall attend by teleconference.

Call to Order

Roll Call

Declaration of a Quorum

1. Request Approval of Minutes for Regular Meeting Held March 12th, 2020

a. Presented by Keith Kuhlman, Assistant Secretaryb. Discussionc. Commission action in which the Board may approve, disapprove or

table the matter and/or direct staff to take further action.

2. Administration Comments

a. Distributions to beneficiaries for the month of Marchb. Continued operations during COVID-19 crisis

3. Consideration and Possible Action to Adopt and Issue a ResolutionDelegating All Authority, Powers, and Duties of the Secretary of theCommissioners of the Land Office to the Assistant Secretary of theCommissioners of the Land Office for a Period of One Hundred and Eighty(180) Days or Until a New Secretary is Appointed, Whichever Occurs First

http://jwplayer.onenet.net/streams/clo.html

The State of Oklahoma is operating under a declared state of emergency (Executive Order 2020-7, as amended) as a result of the national spread of COVID-19. The Acting Secretary of the Commissioners of the Land Office resigned, effective, March 20, 2020 and selecting a suitable replacement in the manner anticipated by 64 O.S. § 1005(C) may be excessively delayed by the national health emergency. The Commissioners of the Land Office have the statutory authority to adopt and issue formal resolutions pursuant to 64 O.S. § 1012(B). Recommendation: To continue normal and uninterrupted operations of the Commissioners of the Land Office during the leadership transition and the ongoing state of emergency, the Assistant Secretary recommends delegating all authority, powers, and duties of the Secretary to the Commissioners of the Land Office to the Assistant Secretary to the Commissioners of the Land Office for a period of one hundred and eighty (180) days or until a new Secretary is appointed, whichever occurs first.

a. Presented by Keith Kuhlman, Assistant Secretary b. Discussion c. Commission action in which the Board may approve, disapprove or


4. Consideration and Possible Action to Issue a Continuous Easement

Lease No. Legal Description Easement No. 101141 Kingfisher County

NE/4 Sec. 16-18N-7WIM 9938

Kingfisher County Commissioners District #2 has made an offer of $750 for a continuous easement for public highway and bridge improvements. Area requested is 0.289 acres, per provided survey. The offer was reviewed by Chris Foster and approved by Floyd Evans. Recommendation: The Director of Real Estate Management recommends approval of the continuous easement.

a. Presented by Floyd Evans, Real Estate Management Director b. Discussion c. Commission action in which the Board may approve, disapprove or


5. Consideration and Possible Action to authorize $50,000 in Capital Improvement Funds for Soil Conservation Projects

The initial approved funding request of $150,000 was depleted due to remediation of agricultural leases that were impacted in 2019 floods in southwestern Oklahoma.

The Real Estate Management Division is requesting an additional $50,000 from Capital Improvement funds on Soil Conservation work on agricultural leases. The funds will be used for water wells; new ponds; new terraces and waterways; and cedar, mesquite, and invasive species control.

Recommendation: The Director of the Real Estate Management Division recommends approval of the use of Capital Improvement Funds in the amount of $50,000 for soil conservation projects.

a. Presented by Floyd Evans, Director, Real Estate Management Division b. Discussion c. Commission action in which the Board may approve, disapprove or

direct staff to take further action

6. Consent Agenda – Request Approval of February Agency Monthly Division

Summary of Activities The Agenda items presented on the Consent Agenda are considered as one item for voting purposes. The Consent Agenda includes items that are statutorily or constitutionally required to be performed by the Commissioners of the Land Office or are administrative in nature, which are done as a routine action by the Commissioners of the Land Office. If any member of the Commission or any member of the public requests a particular item or items to be considered individually, the matter or matters shall be considered individually.



Financial Services Division 1. February 2020

a. Claims Paid (Routine) (pp 145-146) b. Budget to Actual Expenditure Comparison (p 147)

Minerals Management Division

1. February 2020 a. 1/15/2020 Oil and Gas Lease Awards (pp 148-149)

b. Tracts Offered 3/25/2020 (p 150) c. Assignments of Oil and Gas Leases (p 150-151)

Real Estate Management Division

1. February 2020 a. Surface Lease Assignments (pp 152-153) b. 20 Year Easements (p 153) c. Soil Conservation Projects (p 153) d. Request and Authorization for Improvements (p 153) e. Assignment of Long Term Commercial Lease (p 154) f. Short Term Commercial Lease Renewals (p 154)

7. Financial Information Regarding Investments and Monthly Distributions (informational only) Accounting

a. March 2020 Distribution by District and Month

Investments a. February 2020 Market Value Comparison

8. New Business

The Commission may discuss, consider and take possible action regarding new business that could not have been reasonably anticipated or was unknown prior to the regular meeting.

Adjourn NOTICE OF POSTING

Date / Time: Wednesday, April 8th, before 2:00 p.m.

Locations: Commissioners of the Land Office

204 N. Robinson, Suite 900 Oklahoma City, OK 73102

By: Katy Janz, Executive Assistant A public body is not required under the Oklahoma Open Meetings Act or the First Amendment of the U.S. Constitution to provide individuals an opportunity to express views or interview members of the public body. Oklahoma Attorney General Opinion 02-26.

1. Request Approval of Minutes for Regular Meeting Held March 12th, 2020



COMMISSIONERS OF THE LAND OFFICE

REGULAR MEETING MINUTES

THURSDAY, MARCH 12TH, 2020 AT 2:00 P.M. GOVERNOR’S LARGE CONFERENCE ROOM 2ND FLOOR, OKLAHOMA STATE CAPITOL

OKLAHOMA CITY, OKLAHOMA

Notice was posted online on the Commissioners of the Land Office website and at the Commissioners of the Land Office Wednesday, March 11th, 2020 at 2:00 p.m.

PRESENT: Honorable J. Kevin Stitt, Governor and Chairman Honorable Matt Pinnell, Lt. Governor and Vice Chairman Honorable Joy Hofmeister, Superintendent of Public Instruction and Member Honorable Cindy Byrd, State Auditor and Inspector and Member Honorable Blayne Arthur, Secretary of Agriculture and Member

LAND OFFICE STAFF PRESENT: A. Brandt Vawter, Acting SecretaryKeith Kuhlman, Assistant SecretaryKaty Janz, Executive Assistant and HR DirectorBennett Abbott, General CounselJessica Grogis, Communications DirectorSteve Diffee, Director, Royalty Compliance DivisionJared Semtner, Assistant Director, Information Technology Division Karen Johnson, Chief Financial OfficerMike Lyons, Assistant Director, Financial Services DivisionDan Whitmarsh, Director, Minerals Management DivisionHannah Pryor, ArchivistErin Morgan, Internal AuditorAndrea Bair, Attorney, Legal DivisionTricia Langley, Business Manager, Real Estate Management Division Floyd Evans, Director, Real Estate Management Division

VISITORS: Teena Gunter, Department of Agriculture, Food, and Forestry Jeffrey Cartmell, Governor’s Office Brad Clark, Superintendent of Public Instruction’s Office Jeff Peters, Lt. Governor’s Office

Governor Stitt called the meeting to order at 2:01 p.m., ensured the presence of a quorum and proper posting, and called the roll.

Stitt: Present Pinnell: Present Hofmeister: Present

Commission Meeting Minutes 78 March 12, 2020

Arthur: Present Byrd: Present

1. Request Approval of Minutes for Regular Meeting Held February 13th, 2020

a. Presented by Brandt Vawter, Acting Secretaryb. Discussionc. Commission action in which the Board may approve, disapprove or table

the matter and/or direct staff to take further action.

A MOTION was made by Lt. Governor Pinnell and seconded by Commissioner Arthur to approve the minutes of the meeting held February 13, 2020 as presented.

Stitt: Aye Pinnell: Aye Motion Carried Hofmeister: Aye Arthur: Aye Byrd: Aye

2. Secretary’s Comments

a. Distributions to beneficiaries for month of FebruaryActing Secretary Vawter informed the Commissioners that distributionsfor the month of February totaled $10,932,049, bringing the totaldistribution for FY2020 to date to $79,454,853.

b. CREC Broker Awards – Industrial Sale Transaction of the YearVawter noted that the CLO Had earned the award for Industrial Sale ofthe Year and praised the Real Estate Management team for their efforts.

Vawter informed the Commission of a grass fire that had affected 3500 acres of CLO lands, but said that with spring rains there should be no long term effects. He also stated that the agency was actively working on contingency plans which may be initiated in response to the Coronavirus crisis.

3. Request for Authorization for Special Distribution

Due to the continued decline in oil and gas lease bonus income, staff is projecting adecrease in distributable income for FY 2020. To partially offset this decline theSecretary requests authorization for a Special Distribution of $2.2 million from the 5-year rolling average fund.

Recommendation: The Secretary recommends authorization to distribute $2.2 millionfrom the 5-year rolling average fund.

a. Presented by A. Brandt Vawter, Acting Secretary


b. Discussion c. Commission action in which the Board may approve, disapprove or table


Acting Secretary Vawter requested the Commissioners authorize a special distribution of $2.2 million from the 5-year rolling average fund. Governor Stitt questioned the source of these funds. Acting Secretary Vawter explained that it is funded with money not spent from the constitutionally allowed agency operations percentage. A MOTION was made by Commissioner Byrd and seconded by Commissioner Hofmeister to authorize the special distribution.

Stitt: Aye Pinnell: Aye Hofmeister: Aye Arthur: Aye Byrd: Aye Motion Carried

4. Consideration and Possible Action to File Forcible Entry and Detainer Lawsuit Rental payments for the following agricultural leases are in arrears as of March 2020. Lease No. Total Due Lease No. Total Due Lease No. Total Due

100005 2,883.77 101208 8,208.17 105628 7,351.50 100018 820.79 101210 4,390.48 105960 4,870.67 100026 3,268.88 101212 6,172.20 106016 2,080.05 100027 3,286.24 101216 4,084.16 106149 11,333.56 100043 19,144.52 101218 2,348.39 106253 2,858.92 100047 6,738.87 101219 6,534.66 106254 2,807.86 100056 9,189.37 101234 4,186.27 106255 765.78 100057 7,045.18 101238 3,165.23 106264 2,348.39 100060 2,471.80 101240 5,309.41 106271 6,738.87 100081 13,988.26 101241 3,573.64 106322 4,474.78 100086 6,840.98 101255 2,501.55 106323 7,045.18 100088 3,497.24 101256 6,126.25 109423 6,184.99 100106 4,492.17 101259 2,093.13 205003 5,717.83 100107 4,186.27 101267 12,654.78 205004 14,090.37 100139 7,045.18 101279 1,429.46 205009 8,066.22 100161 4,186.27 101280 4,293.13 205017 5,406.31 100162 2,654.71 101288 3,975.65 205029 3,777.85 100163 7,351.50 101302 2,195.24 205049 6,537.57 100164 2,246.29 101303 2,246.29 205057 3,675.75 100166 3,267.33 101304 2,042.08 205058 3,675.75 100168 2,552.60 101306 4,195.00 205098 1,582.61 100183 5,105.21 101354 6,762.61 205103 12,865.12 100192 2,246.29 101368 11,231.45 205114 4,390.48 100198 6,476.06 101370 6,849.79 205145 6,416.26 100210 4,594.68 101371 4,696.79 205149 1,531.56 100236 4,747.84 101372 4,084.16 205162 5,319.67


100237 1,939.98 101385 4,820.27 205167 7,779.90 100238 1,991.03 101400 2,399.45 205170 6,126.25 100239 2,756.81 101401 2,654.71 205183 3,573.64 100273 3,267.33 101410 4,779.92 205191 11,435.66 100274 7,801.42 101411 3,471.54 205193 6,330.45 100279 1,991.63 101412 9,076.58 205209 2,858.92 100285 3,879.96 101415 4,390.48 205210 3,879.96 100288 1,978.30 101417 3,165.23 205211 7,147.29 100314 2,973.76 101418 5,132.93 205215 4,284.18 100318 3,165.23 101420 5,615.73 205227 9,189.37 100319 7,351.50 101421 3,777.85 205231 7,857.89 100320 2,861.50 101424 8,589.85 205244 4,594.68 100339 10,414.62 101439 3,267.33 205246 3,267.33 100341 3,037.29 101440 4,594.68 205259 4,288.37 100342 3,351.49 101452 9,425.34 205272 6,524.44 100344 3,982.06 101457 6,130.20 205273 5,911.82 100348 4,084.16 101459 9,605.31 205274 5,185.93 100357 3,624.70 101495 4,186.27 205275 4,288.37 100373 3,675.84 101528 2,552.60 205276 4,288.37 100374 4,594.68 101562 5,212.38 205277 6,024.14 100375 5,513.62 101568 2,654.71 205278 5,349.20 100390 5,203.89 101579 3,726.80 205287 6,889.30 100391 1,480.51 101585 11,333.56 205290 2,046.03 100407 3,655.46 101617 3,114.18 205305 2,348.39 100409 2,654.71 101619 1,841.72 205309 13,426.69 100416 2,612.98 101621 3,990.39 205332 1,531.56 100452 3,639.96 101631 3,675.75 205334 1,633.67 100454 3,782.43 101641 4,594.68 205336 6,029.96 100478 2,094.68 101647 5,003.10 205343 4,207.17 100480 4,503.58 101648 3,879.96 205346 3,675.75 100481 3,165.23 101659 2,756.81 205348 4,084.16 100482 14,598.36 101660 2,549.08 205349 3,982.06 100483 2,932.56 101661 2,756.81 205350 3,471.54 100493 16,010.30 101679 6,047.10 205363 12,252.49 100515 1,888.93 101682 3,471.54 205401 4,288.37 100523 4,084.16 101698 3,573.64 205413 2,961.02 100524 4,390.48 101699 3,063.12 205630 4,798.89 100540 4,203.79 101709 5,309.41 205632 6,534.66 100547 1,735.77 101720 4,901.00 205646 6,943.08 100548 1,939.98 101721 4,396.36 205665 4,288.37 100549 2,450.50 101722 8,270.43 205666 3,259.34 100550 4,922.96 101724 5,105.21 205667 3,460.38 100566 2,246.29 101727 2,348.39 205668 4,288.37 100567 1,991.03 101737 11,689.73 205669 4,088.84 100570 9,800.49 101770 3,496.13 205670 3,471.54 100575 3,265.83 101784 918.94 205672 4,780.47 100605 2,755.40 101790 10,108.31 205749 3,777.85 100607 3,369.44 101801 3,471.54 206211 7,555.70 100629 2,246.29 101802 1,531.56 206249 2,665.80


100630 2,246.29 101803 1,550.30 206616 306.31 100648 7,147.29 101804 9,546.73 307051 1,225.25 100649 5,003.24 101824 3,012.07 307612 5,309.41 100650 5,309.41 101829 408.42 409213 714.73 100698 2,868.13 101866 5,105.21 409245 6,330.45 100718 406.15 101873 4,084.16 613003 1,021.04 100737 7,964.12 101892 5,105.21 715088 10,198.01 100792 7,759.91 101896 14,120.94 715203 4,798.89 100793 5,730.85 101897 3,267.33 817004 8,372.54 100823 1,131.11 101933 4,645.74 817007 7,453.60 100836 12,763.03 101941 6,432.56 817008 8,780.95 100868 12,252.49 102123 13,575.38 817017 3,164.12 100869 5,513.62 102150 1,939.98 817026 2,042.08 100870 4,492.58 102187 4,082.23 817029 5,105.21 100921 4,894.62 102201 6,534.66 817035 4,696.79 100933 7,351.50 102203 10,615.34 817040 962.34 100934 11,690.29 102204 4,390.48 817043 3,554.56 100953 6,878.43 102206 5,617.54 817044 1,837.87 100990 5,207.31 102640 6,024.14 817065 8,165.33 100991 5,207.31 102641 4,390.48 817072 7,672.60 100992 6,136.91 102649 14,805.10 817073 7,341.92 101022 5,105.21 102701 1,939.98 817085 4,696.79 101023 2,858.92 102703 4,084.16 817087 3,370.51 101028 5,003.84 102704 4,906.76 817089 7,884.81 101033 4,288.88 102718 3,063.12 817100 6,185.73 101058 3,063.12 102719 3,573.64 817108 9,270.52 101105 7,351.50 102763 2,673.52 817120 4,237.32 101106 8,066.22 102768 27,976.53 817122 5,594.57 101108 6,738.87 103008 5,717.83 817144 14,090.37 101109 4,492.58 103096 5,717.83 817159 6,636.77 101111 5,105.21 103100 4,492.58 817176 4,711.73 101131 3,982.06 103124 1,684.72 817191 3,267.33 101132 4,856.00 103181 4,390.48 817192 5,513.62 101138 3,879.96 103244 4,288.37 817206 5,003.10 101139 4,288.37 103248 2,879.17 817211 15,060.36 101152 10,414.62 103255 12,110.28 817230 13,273.53 101158 8,576.75 103295 408.42 817233 1,327.35 101159 7,351.50 103668 3,060.99 817234 1,429.46 101175 4,186.27 104436 1,276.30 817246 2,756.81 101176 2,552.60 105091 3,063.12 817270 4,337.00 101195 10,618.83 105167 3,283.11 919004 5,922.04 101206 4,901.00 105516 1,331.76 919016 3,475.91 101207 4,696.79

Total $ 1,803,421.28 64 O.S. §1057 requires that the Commissioners of the Land Office institute collection proceedings for unpaid lease rental.


Recommendation: The General Counsel recommends bringing suit to collect unpaid lease rental and to terminate the corresponding lease contracts.

a. Presented by Bennett Abbott, General Counsel b. Discussion c. Commission action in which the Board may approve, disapprove or table


General Counsel Bennett Abbott presented a request for authorization to file FEAD lawsuits for non-payment of agricultural leases. He noted that the staff had been diligently working to collect the past due amounts without the necessity of filing suit and had been able to drop the total owed to approximately $1.58 million. A MOTION was made by Lt. Governor Pinnell and seconded by Commissioner Hofmeister to authorize the lawsuits.

Stitt: Aye Pinnell: Aye Motion Carried Hofmeister: Aye Arthur: Aye Byrd: Aye

5. Second Addendum to Commissioners of the Land Office of the State of Oklahoma Unsubordinated Commercial Ground Lease No. 101779 Contract No. 4307

Lease No. Legal Description 101779 Greer County

W/2 Sec.36-6N-21WIM

This property is leased to the Oklahoma Department of Corrections as part of its prison farm system Oklahoma State Industries. In 2016, a permanent easement for a new highway was granted through this parcel, the total easement was for 31.03 acres. This easement area has been fenced and removed from the leased area and this Second Addendum formalizes the removal of that land from the leased area. Recommendation: The Director of Real Estate Management recommends approval of the Second Addendum.

a. Presented by Floyd Evans, Real Estate Management Director b. Discussion c. Commission action in which the Board may approve, disapprove or table

the matter and/or direct staff to take further action. Floyd Evans presented the request for approval of the referenced addendum. A MOTION was made by Commissioner Hofmeister and seconded by Commissioner Arthur to approve the addendum.


Stitt: Aye Pinnell: Aye Hofmeister: Aye Motion Carried Arthur: Aye Byrd: Aye

6.

Consent Agenda – Request Approval of January Agency Monthly Division Summary of Activities The Agenda items presented on the Consent Agenda are considered as one item for voting purposes. The Consent Agenda includes items that are statutorily or constitutionally required to be performed by the Commissioners of the Land Office or are administrative in nature, which are done as a routine action by the Commissioners of the Land Office. If any member of the Commission or any member of the public requests a particular item or items to be considered individually, the matter or matters shall be considered individually.

a. Presented by A. Brandt Vawter, Acting Secretary b. Discussion c. Commission action in which the Board may approve, disapprove or table


Financial Services Division 1. January 2020



1. January 2020 a. 1/15/2020 Oil and Gas Lease Sale Tabulation (pp 96-98) b. Assignments of Oil and Gas Leases (p 98-101)


1. January 2020 a. Surface Lease Assignments (pp 102-105) b. 20 Year Easements (pp 105-106) c. Renewed 20 Year Easements (p 106) d. Assignment of Easements (p 106) e. Limited Term Right of Entry Permits (p 107) f. Request and Authorization for Improvements (p107) g. Soil Conservation Projects (p 107)

Administration Division

1. Warranty Deeds Issued on Land Acquisition (pp 108-113) 2. Warranty Deeds Issued on Land Exchanges (pp 114-120) 3. Quit-claim Issued on Land Acquisition (121)


4. Quit-claim Deeds (122-123) 5. Patent Issued on Land Sales (p 124) 6. Patent Issued on Land Exchange (125-129)

A question was asked regarding the purpose of the expenditure to Centerpoint Energy Services Inc. Acting Secretary Vawter informed the Commission that it was payment for natural gas in connection with the CLO’s gas marketing program, which saved state agencies approximately $1 million last fiscal year. A MOTION was made by Commissioner Byrd and seconded by Lt. Governor Pinnell to approve the consent agenda.


7. Financial Information Regarding Investments and Monthly Distributions (informational only)

Accounting a. February 2020 Distribution by District and Month

Investments

a. January 2020 Market Value Comparison There were no questions on this item.

8. Executive Session

An Executive Session may be convened pursuant to 25 O.S. §307(B)(4) to discuss settlement of claims in the bankruptcy of Sandridge Energy, Inc. Discussion may include scope of claims, legal issues, litigation strategies and risks, and attorney work product.

a. Presented by Bennett Abbott, General Counsel b. Vote to Convene Executive Session c. Retire to Executive Session d. Vote to Return to Open Session

A MOTION was made by Lt. Governor Pinnell and seconded by Commissioner Hofmeister to enter executive session.

Stitt: Aye Pinnell: Aye Motion Carried Hofmeister: Aye Arthur: Aye


Byrd: Aye Recording stopped at 2:16 Recording started at 2:20 A MOTION was made by Commissioner Hofmeister and seconded by Lt. Governor Pinnell to return to open session.

Stitt: Aye Pinnell: Aye Hofmeister: Aye Motion Carried Arthur: Aye Byrd: Aye

9. Consideration and Possible Action to settle claims in the bankruptcy of Sandridge Energy, Inc. The Commission may further consider and take action in open session related to the listed Executive Session agenda items in accordance with 25 O.S. §307(E)(3). Commission action in which the Board may approve, disapprove, or table the matter and/or direct staff to take further action. A MOTION was made by Commissioner Byrd and seconded by Lt. Governor Pinnell to accept the settlement with Sandridge Energy as presented in executive session.


10. New Business The Commission may discuss, consider and take possible action regarding new business that could not have been reasonably anticipated or was unknown prior to the regular meeting. Seeing no new business, a MOTION to adjourn was made by Commissioner Arthur and seconded by Commissioner Hofmeister.

Stitt: Aye Pinnell: Aye Hofmeister: Aye Arthur: Aye Motion Carried


2. Administration Comments

a. Distributions to beneficiaries for the month of March b. Continued operations during COVID-19 crisis

Distribution by Beneficiary Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 YTDFY 2020

Common Schools 7,587,046 5,131,920 7,078,844 7,063,884 6,205,083 6,613,742 10,923,043 7,554,689 9,524,442 67,682,693University of Oklahoma 774,941 525,146 664,875 739,869 665,731 786,626 1,195,953 953,322 732,924 7,039,387Oklahoma State University 635,383 447,457 538,031 592,041 551,063 645,521 1,043,238 1,033,927 607,502 6,094,163Northern Oklahoma College 236,161 159,104 209,433 228,507 178,790 222,671 354,333 233,417 226,492 2,048,908Langston University 169,063 108,461 142,378 170,706 147,183 158,173 291,422 135,653 162,946 1,485,985Southeastern OSU 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746University of Central Oklahoma 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746East Central University 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746Northeastern State University 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746Northwestern OSU 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746Southwestern OSU 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746Cameron University 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746Oklahoma Panhandle State Univ. 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746University of Science & Arts of OK 85,027 58,330 73,883 80,881 71,845 85,696 137,336 113,449 81,299 787,746

TOTAL 10,167,837 6,897,058 9,298,508 9,522,936 8,394,455 9,197,997 15,044,013 10,932,049 11,985,997 91,440,850

Distribution by Beneficiary Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 YTDFY 2019

Common Schools 7,914,584 4,943,043 8,205,422 8,397,529 6,187,307 6,854,928 11,219,603 9,355,624 5,980,922 69,058,962

University of Oklahoma 953,855 563,990 795,911 834,770 665,528 716,993 1,303,250 923,205 610,208 7,367,710

Oklahoma State University 796,445 403,619 659,050 709,556 656,053 539,489 931,262 978,523 496,827 6,170,824

Northern Oklahoma College 259,421 153,386 222,298 225,437 181,895 215,580 372,879 223,281 191,028 2,045,205

Langston University 198,256 98,668 172,855 175,246 138,935 145,642 260,329 164,103 130,653 1,484,687

Southeastern OSU 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

University of Central Oklahoma 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

East Central University 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

Northeastern State University 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

Northwestern OSU 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

Southwestern OSU 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

Cameron University 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

Oklahoma Panhandle State Univ. 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

University of Science & Arts of OK 109,679 55,118 126,180 93,020 76,381 74,204 136,013 109,199 67,248 847,042

TOTAL 11,109,672 6,658,768 11,191,156 11,179,718 8,517,147 9,140,468 15,311,440 12,627,527 8,014,870 93,750,766

Commissioners of the Land OfficeDistributions to Educational Beneficiaries

Comparison of FY 2019 and FY 2020

3. Consideration and Possible Action to Adopt and Issue a Resolution Delegating All Authority, Powers, and Duties of the Secretary of the Commissioners of the Land Office to the Assistant Secretary of the Commissioners of the Land Office for a Period of One Hundred and Eighty (180) Days or Until a New Secretary is Appointed, Whichever Occurs First The State of Oklahoma is operating under a declared state of emergency (Executive Order 2020-7, as amended) as a result of the national spread of COVID-19. The Acting Secretary of the Commissioners of the Land Office resigned, effective, March 20, 2020 and selecting a suitable replacement in the manner anticipated by 64 O.S. § 1005(C) may be excessively delayed by the national health emergency. The Commissioners of the Land Office have the statutory authority to adopt and issue formal resolutions pursuant to 64 O.S. § 1012(B). Recommendation: To continue normal and uninterrupted operations of the Commissioners of the Land Office during the leadership transition and the ongoing state of emergency, the Assistant Secretary recommends delegating all authority, powers, and duties of the Secretary to the Commissioners of the Land Office to the Assistant Secretary to the Commissioners of the Land Office for a period of one hundred and eighty (180) days or until a new Secretary is appointed, whichever occurs first.



4. Consideration and Possible Action to Issue a Continuous Easement

Lease No. Legal Description Easement No. 101141 Kingfisher County

NE/4 Sec. 16-18N-7WIM 9938

Kingfisher County Commissioners District #2 has made an offer of $750 for a continuous easement for public highway and bridge improvements. Area requested is 0.289 acres, per provided survey. The offer was reviewed by Chris Foster and approved by Floyd Evans. Recommendation: The Director of Real Estate Management recommends approval of the continuous easement.

a. Presented by Floyd Evans, Real Estate Management Director b. Discussion c. Commission action in which the Board may approve, disapprove or


5. Consideration and Possible Action to authorize $50,000 in Capital Improvement Funds for Soil Conservation Projects

The initial approved funding request of $150,000 was depleted due to remediation of agricultural leases that were impacted in 2019 floods in southwestern Oklahoma.

The Real Estate Management Division is requesting an additional $50,000 from Capital Improvement funds on Soil Conservation work on agricultural leases. The funds will be used for water wells; new ponds; new terraces and waterways; and cedar, mesquite, and invasive species control.

Recommendation: The Director of the Real Estate Management Division recommends approval of the use of Capital Improvement Funds in the amount of $50,000 for soil conservation projects.

a. Presented by Floyd Evans, Director, Real Estate Management Division b. Discussion c. Commission action in which the Board may approve, disapprove or

direct staff to take further action

6. Consent Agenda – Request Approval of February Agency Monthly Division Summary of Activities The Agenda items presented on the Consent Agenda are considered as one item for voting purposes. The Consent Agenda includes items that are statutorily or constitutionally required to be performed by the Commissioners of the Land Office or are administrative in nature, which are done as a routine action by the Commissioners of the Land Office. If any member of the Commission or any member of the public requests a particular item or items to be considered individually, the matter or matters shall be considered individually.



Financial Services Division 1. February 2020



1. February 2020 a. 1/15/2020 Oil and Gas Lease Awards (pp 148-149) b. Tracts Offered 3/25/2020 (p 150) c. Assignments of Oil and Gas Leases (p 150-151)


1. February 2020 a. Surface Lease Assignments (pp 152-153) b. 20 Year Easements (p 153) c. Soil Conservation Projects (p 153) d. Request and Authorization for Improvements (p 153) e. Assignment of Long Term Commercial Lease (p 154) f. Short Term Commercial Lease Renewals (p 154)

The following claims were approved by the Secretary and are routine in nature:

Claims Paid February 2020

Agency Payroll - January 2020 Off -Cycle Payroll/ Employment Expense 12,486.14 Agency Payroll - January 2020 Supplemental Payroll/ Employment Expense 47,125.73 Agency Payroll - February 2020 Regular Payroll/ Employment Expense 438,772.30 Office of Management & Enterprise Svcs Payroll/ Employment Expense 603.27 Daniel T Reineke Legal Services 4,777.50 Goolsby Proctor Heefner Gibbs PC Legal Services 16,213.10 Mahaffey & Gore PC Legal Services 1,010.50 Phillips Murrah PC Legal Services 3,341.88 The Lanier Law Firm PC Legal Services 1,770.00 Tisdal & O'Hara PLLC Legal Services 10,460.00 Allianz Global Investors Capital LP Management Fees 154,856.24 Bank Of Oklahoma Na Management Fees 37,247.23 Cohen & Steers Capital Management Inc Management Fees 156,722.00 Fort Washington Investment Advisors Inc Management Fees 65,909.00 Insight North America LLC Management Fees 106,859.74 Robinson Park LLC Management Fees 9,024.69 Crawford & Associates PC Professional Services 5,385.00 Galt Foundation Professional Services 4,879.60 Meadows Center For Opportunity Inc Professional Services 85.44 Metro Technology Centers Professional Services 3,035.00 Mid-Con Inc Professional Services 3,080.20 MY Consulting Group Incorporated Professional Services 5,921.25 Office Of Management & Enterprise Svcs Professional Services 2,164.00 Brownsworth,Gregory J Travel- Reimbursement 200.68 Foster,Christopher L Travel- Reimbursement 263.08 Hermanski,David Alan Travel- Reimbursement 345.00 Howell,Brian Travel- Reimbursement 68.75 Knauss,Roger Travel- Reimbursement 919.43 Kuhlman,Jon K Travel- Reimbursement 90.00 Ryan,Starr Faith Travel- Reimbursement 472.08 Vawter,Andrew Brandt Travel- Reimbursement 517.26 Whitmarsh,Daniel K Travel- Reimbursement 459.33 Wiggers,Christopher Lee Travel- Reimbursement 185.56 Appraisal Institute Travel - Direct Payment 96.00 ASFMRA Travel - Direct Payment 2,398.00 FCM Concur Travel - Direct Payment 5.75 NAPE Expo Travel - Direct Payment 2,220.00 Office Of Management & Enterprise Svcs Travel - Direct Payment 28.70 Oklahoma Natural Resources Grazing Conf Travel - Direct Payment 300.00 Southwest Airlines Travel - Direct Payment 1,359.07 Travelodge - Western Oklahoma Travel - Direct Payment 192.00 AT&T Inc Telecommunications Service 29.31 AT&T Mobility National Account LLC Telecommunications Service 199.17 Carnegie Telephone Company Inc Telecommunications Service 35.06 Cellular Network Partner Telecommunications Service 107.17 Cox Communications Inc Telecommunications Service 126.29 Fidelity Communications Co Telecommunications Service 32.05 Office Of Management & Enterprise Svcs Telecommunications Service 1,054.00

Commission Meeting Minutes 145 April 9, 2020

Panhandle Telephone Coop Inc Telecommunications Service 65.12 AT&T Mobility National Account LLC Informational Expense 627.48 Bancfirst Informational Expense 10.10 Carnegie Telephone Company Inc Informational Expense 59.95 Cellular Network Partner Informational Expense 61.69 eCapitol, LLC Informational Expense 3,600.00 Fidelity Communications Co Informational Expense 33.50 LexisNexis Risk Solutions Informational Expense 50.00 Office Of Management & Enterprise Svcs Informational Expense 2,213.33 Pacer Informational Expense 470.30 Panhandle Telephone Coop Inc Informational Expense 69.99 Surety Maps Informational Expense 1,200.00 Transzap Inc Informational Expense 615.08 Verizon Wireless Informational Expense 75.02 West Publishing Corporation Informational Expense 769.07 Insurance Department Memberships. Licenses, and Permits 690.00 IPMA-HR Memberships. Licenses, and Permits 405.00 OCAPL Memberships. Licenses, and Permits 250.00 Oklahoma CCIM Memberships. Licenses, and Permits 230.00 PSI Services Memberships. Licenses, and Permits 160.00 Society For Human Resource Management Memberships. Licenses, and Permits 219.00 Bancfirst Miscellaneous Admin Expense 1,775.96 DCAM Central Printing Miscellaneous Admin Expense 189.75 Fields,Makila M Tuition - Higher Ed 2,642.85 Commissioners Of The Land Office Rent Expense 41,639.00 Garfield Co Fairgrounds Trust Auth Rent Expense 500.00 Mailfinance Inc Rent Expense 167.07 Office Of Management & Enterprise Svcs Rent Expense 2,554.20 Xerox Corporation Rent Expense 406.44 Bancfirst Maintenance and Repair Expense 6.00 Brewer Trucking And Spreading Maintenance and Repair Expense 512.60 David Timberlake Maintenance and Repair Expense 1,000.00 F H Black & Company Incorporated Maintenance and Repair Expense 270.00 Pitzers Lawn Management Inc Maintenance and Repair Expense 4,965.00 Shi International Corp Maintenance and Repair Expense 3,856.00 Taylors Dozer Service Maintenance and Repair Expense 4,455.00 Xerox Corporation Maintenance and Repair Expense 132.15 Kiamichi Opportunities Incorporated Specialized Supplies and Materials 480.00 Office Of Management & Enterprise Svcs Specialized Supplies and Materials 836.49 Dale Rogers Training Center Office Supplies 425.60 DCAM Central Printing Office Supplies 120.00 Dell Marketing LP Office Supplies 498.60 Grainger.Com Office Supplies 389.79 Liberty Flag Office Supplies 52.47 Newview Oklahoma Office Supplies 202.55 Oklahoma Department Of Corrections Office Supplies 1,191.00 Staples Advantage Office Supplies 1,114.72 Premier Catering Employee Recognition 1,433.00 Oklahoma Department Of Corrections Furniture and Equipment 669.50 Dell Marketing LP Furniture and Equipment 7,033.10 West Publishing Corporation Library Resources 974.66

TOTAL February 2020 Claims 1,195,801.68


Budget Line Item Description FY20 BudgetFY20

Expenses Amount

Remaining

Personnel - Salaries & Benefits 6,518,808$ 3,945,555$ 2,573,253$ Professional Services 889,750 514,517 375,233

Total Personal Services 7,408,558$ 4,460,073$ 2,948,485$

Travel- Reimbursement 72,000$ 42,947$ 29,053$ Travel - Direct Agency Payments 107,200 58,334 48,866 Misc. Administrative Expenses 64,500 53,111 11,389 Telecommunications Services 27,000 12,757 14,243 Informational Services 131,000 63,593 67,407 Memberships. Licenses, and Permits 19,475 3,751 15,724 Premiums - Insurance 8,000 7,013 987 Rent Expense 551,628 367,421 184,207 Maintenance & Repair 103,600 48,931 54,669 Specialized Supplies and Materials 12,600 5,168 7,432 General Operating Expenses 51,200 28,870 22,330 Office Furniture & Equipment 164,552 11,320 153,232 Library Resources 7,100 2,449 4,651

Total Supplies, Equipment & Other 1,319,855$ 705,667$ 614,188

8,728,413$ 5,165,739$ 3,562,674$

Commissioners of the Land OfficeYear to Date Expenditures of Appropriated Funds

FY-2020 as of February 29, 2020


MINERALS MANAGEMENT DIVISION MONTHLY SUMMARY FROM: 2/1/2020 TO: 2/29/2020

1/15/2020 OIL AND GAS MINING LEASE SALE

MINERALS MANAGEMENT DIVISION AWARDS OF LEASES TO HIGH BIDDERS

TR# RESULT COUNTY LEGAL NET

ACRES BIDDER BONUS

PRICE PER

ACRE 1 AWARDED ALFALFA NW/4 (All M.R.), Sec. 13-24N-

11WIM 160.00 BCE-MACH LLC $24,000.00 $150.00

2 AWARDED ATOKA SE/4 (1/2 M.R.), Sec. 32-02N-12EIM

80.00 JESS HARRIS III LLC $24,000.00 $300.00

3 REJECTED CADDO NE/4, less and except the Red Fork, Morrow and Springer Formations (All M.R.), Sec. 13-10N-13WIM

160.00 OSAGE OIL & GAS PROPERTIES

$800.00 $5.00

4 REJECTED CADDO SW/4, less and except the Red Fork, Morrow and Springer Formations (All M.R.), Sec. 13-10N-13WIM

160.00 OSAGE OIL & GAS PROPERTIES

$800.00 $5.00

5 REJECTED CIMARRON SE/4 (All M.R.), Sec. 26-02N-07ECM

160.00 SPRINGFIELD OIL COMPANY

$800.00 $5.00

6 REJECTED CIMARRON SW/4 (All M.R.), Sec. 26-02N-07ECM


$800.00 $5.00

7 REJECTED CIMARRON NE/4 (All M.R.), Sec. 31-03N-08ECM


$800.00 $5.00

8 REJECTED CIMARRON Lots 1 and 2; E/2 NW/4 (95.83%), Sec. 31-03N-08ECM


$775.00 $5.02

9 NO BIDS GARVIN S/2 S/2 NE/4, less and except the Tuley (Hoxbar) Formation as found in the Ryan 1 wellbore only (All M.R.), Sec. 14-01N-02WIM

40.00 NO BIDS $0.00 $0.00

10 NO BIDS GARVIN N/2 N/2 SE/4, less and except the Tuley (Hoxbar) Formation as found in the Ryan 1 wellbore only (All M.R.), Sec. 14-01N-02WIM

40.00 NO BIDS $0.00 $0.00

11 AWARDED GRADY S/2 SE/4 SE/4, less and except from the surface to the base of the Mississippi Lime Formation (1/2 M.R.), Sec. 29-09N-05WIM

10.00 NATIVE EXPLORATION OPERATING LLC

$5,000.00 $500.00

12 REJECTED LEFLORE W/2 NE/4 SW/4; NW/4 SW/4, less 3.62 acres for cemetery (All M.R.), Sec. 32-09N-24EIM

56.38 J&J ENERGY SERVICE LLC

$1,000.00 $17.74

13 AWARDED LEFLORE N/2 SE/4 (1/2 M.R.), Sec. 36-09N-24EIM

40.00 BLUE WATER RESOURCES LLC

$5,000.00 $125.00

14 AWARDED MAJOR All that part of Lot 7 lying within Major County; Lots 8 and 9, less and except the accretion and riparian rights lying outside of the E/2 of Section 36-20N-10W. (All M.R.), Sec. 36-20N-10WIM

202.64 FENTER ENERGY LLC

$63,426.32 $313.00


15 NO BIDS PAYNE NE/4 NE/4, less and except the Mississippian and Woodford Formations. Also, any use of the surface lands covered herein shall require the permission of the lessor. (All M.R.), Sec. 16-19N-03EIM

40.00 NO BIDS $0.00 $0.00

16 AWARDED PAYNE NW/4 NE/4, less and except the Mississippian and Woodford Formations. Also, any use of the surface lands covered herein shall require the permission of the lessor. (All M.R.), Sec. 16-19N-03EIM

40.00 SPARTAN RESOURCES LLC

$2,080.00 $52.00

17 AWARDED PAYNE SW/4 NE/4, less and except the Mississippian and Woodford Formations. Also, any use of the surface lands covered herein shall require the permission of the lessor. (All M.R.), Sec. 16-19N-03EIM

40.00 SPARTAN RESOURCES LLC

$2,080.00 $52.00

18 NO BIDS PAYNE NE/4 NW/4, less and except the Mississippian and Woodford Formations. Also, any use of the surface lands covered herein shall require the permission of the lessor. (All M.R.), Sec. 16-19N-03EIM

40.00 NO BIDS $0.00 $0.00

19 NO BIDS PAYNE NW/4 NW/4, less and except the Mississippian and Woodford Formations. Also, any use of the surface lands covered herein shall require the permission of the lessor. (All M.R.), Sec. 16-19N-03EIM

40.00 NO BIDS $0.00 $0.00

20 NO BIDS PAYNE SE/4 NW/4, less and except the Mississippian and Woodford Formations. Also, any use of the surface lands covered herein shall require the permission of the lessor. (All M.R.), Sec. 16-19N-03EIM

40.00 NO BIDS $0.00 $0.00

21 NO BIDS PAYNE SE/4 SE/4, less and except the Mississippian and Woodford Formations. Also, any use of the surface lands covered herein shall require the permission of the lessor. (All M.R.), Sec. 16-19N-03EIM

40.00 NO BIDS $0.00 $0.00

22 NO BIDS PAYNE SE/4 SW/4, less and except the Mississippian and Woodford Formations. Also, any use of the surface lands covered herein shall require the permission of the lessor. (All M.R.), Sec. 16-19N-03EIM

40.00 NO BIDS $0.00 $0.00

23 AWARDED PAYNE N/2 NW/4 (All M.R.), Sec. 16-19N-06EIM

80.00 LASZLO DRILLING SERVICES

$16,400.00 $205.00

24 AWARDED WOODS NE/4 SW/4 (All M.R.), Sec. 17-28N-17WIM

40.00 BCE-MACH LLC $6,000.00 $150.00


MINERALS MANAGEMENT DIVISION TRACTS OFFERED FOR OIL AND GAS MINING

The following tracts will be offered for lease on: 3/25/2020

TR# COUNTY LEGAL DESCRIPTION M.R. % SEC-TWP-RGE 1 DEWEY NW/4 100.00% 36-17N-15WIM

2 DEWEY SE/4 100.00% 36-17N-15WIM

3 DEWEY SW/4 100.00% 36-17N-15WIM

4 GARVIN S/2 S/2 NE/4, less and except the Tuley (Hoxbar) Formation as found in the Ryan 1 wellbore only.

100.00% 14-01N-02WIM

5 GARVIN N/2 N/2 SE/4, less and except the Tuley (Hoxbar) Formation as found in the Ryan 1 wellbore only.

100.00% 14-01N-02WIM

6 KIOWA E/2 SE/4; NW/4 SE/4; E/2 SW/4 SE/4, limited to from the surface to a depth of 2000 feet.

100.00% 13-06N-17WIM

7 KIOWA NE/4 NE/4 SW/4; S/2 NW/4 SW/4; SE/4 SE/4 SW/4; W/2 SE/4 SW/4; SW/4 SW/4, limited to from the surface to a depth of 2000 feet.

100.00% 13-06N-17WIM

8 KIOWA S/2 NE/4 NW/4; SE/4 NW/4, limited to from the surface to a depth of 2000 feet.

100.00% 14-06N-17WIM

9 KIOWA SE/4, limited to from the surface to a depth of 2000 feet. 100.00% 23-06N-17WIM

10 KIOWA SW/4, limited to from the surface to a depth of 2000 feet. 100.00% 23-06N-17WIM

11 KIOWA NE/4 NE/4 NW/4; SW/4 NW/4 NW/4; S/2 SE/4 SE/4 NW/4; SW/4 SE/4 NW/4; SW/4 NW/4, limited to from the surface to a depth of 2000 feet.

100.00% 24-06N-17WIM

12 KIOWA SW/4, limited to from the surface to a depth of 2000 feet. 100.00% 24-06N-17WIM

13 LINCOLN NW/4 100.00% 36-12N-05EIM

14 LINCOLN SW/4 100.00% 36-12N-05EIM

15 POTTAWATOMIE SE/4 NE/4 100.00% 16-08N-02EIM

16 POTTAWATOMIE SW/4 NE/4 100.00% 16-08N-02EIM

17 ROGER MILLS S/2 NE/4, less and except the Atoka Formation 100.00% 09-11N-26WIM

RE: ASSIGNMENTS OF OIL AND GAS MINING LEASES APPROVED: Lease # County Legal Description Assignor Assignee

CS-27007 KAY NE/4 NE/4 of Sec. 16-28N-01WIM BRIAN HILL GAW OIL COMPANY

CS-27007 KAY NE/4 NE/4 of Sec. 16-28N-01WIM GAW OIL COMPANY WARCLOUD RESOURCES LLC

CS-27011 KAY NE/4 NW/4 of Sec. 16-28N-01WIM BRIAN HILL GAW OIL COMPANY

CS-27011 KAY NE/4 NW/4 of Sec. 16-28N-01WIM GAW OIL COMPANY WARCLOUD RESOURCES LLC

CS-27535 PAWNEE NE/4 of Sec. 22-21N-04EIM TARKA ENERGY LLC CEDAR OIL & GAS LLC

CS-27536 PAWNEE NW/4, LESS .3 ACRES FOR RAILROAD RIGHT-OF-WAY of Sec. 22-21N-04EIM

TARKA ENERGY LLC CEDAR OIL & GAS LLC



CS-28218 PAWNEE NW/4 of Sec. 16-20N-05EIM TARKA ENERGY LLC CEDAR OIL & GAS LLC

CS-28219 PAWNEE SE/4 of Sec. 16-20N-05EIM TARKA ENERGY LLC CEDAR OIL & GAS LLC

CS-28220 PAWNEE SW/4 of Sec. 16-20N-05EIM TARKA ENERGY LLC CEDAR OIL & GAS LLC


CS-30181 PAWNEE SE/4 of Sec. 36-22N-04EIM TARKA ENERGY LLC CEDAR OIL & GAS LLC

EI-3060 HASKELL SE/4 (1/2 M.R.) of Sec. 02-08N-19EIM MUSTANG FUEL CORPORATION

PIPER OPERATING LLC

EI-5766 PAWNEE NW/4 SE/4 of Sec. 13-21N-04EIM TARKA ENERGY LLC CEDAR OIL & GAS LLC

EI-30225 PAWNEE SW/4 of Sec. 13-20N-05EIM TARKA ENERGY LLC CEDAR OIL & GAS LLC

EI-30535 PAWNEE NE/4 of Sec. 17-21N-05EIM TARKA ENERGY LLC CEDAR OIL & GAS LLC

PB-1231 KAY NE/4 NE/4 of Sec. 33-29N-01WIM BRIAN HILL GAW OIL COMPANY

PB-1231 KAY NE/4 NE/4 of Sec. 33-29N-01WIM GAW OIL COMPANY WARCLOUD RESOURCES LLC

Minerals Management Division has prepared 17 Division Orders for the month of February 2020.


REAL ESTATE MANAGEMENT DIVISION MONTHLY SUMMARY

RE: FEBRUARY 2020 - SURFACE LEASE ASSIGNMENTS

Lease No. Legal Description Rent Lessee 101197 Garfield County

SW/4 Sec. 36-23N-8WIM (less 3.5 acres sold)

$5,500.00 Moehle Irrevocable Family Trust

This lease was previously in the name of Mary and David Moehle. Rental is paid current.

Lease No. Legal Description Rent Lessee 101960 Harper County

W/2E/2 & SW/4 Sec/ 14-27N-26WIM $3,700.00 J. Wesley Struthers

This lease was previously in the name of Dusty Gibson. Rental is paid current.

Lease No. Legal Description Rent Lessee 307072 Harper County

S/2SE/4 Sec. 10; NW/4 Sec. 14; E/2 & SW/4 Sec. 15; NE/4 Sec. 22; N/2 Sec. 23; all of Sec. 24; N/2N/2 Sec. 25- 27N-26WIM

$23,000.00 J. Wesley Struthers

This lease was previously in the name of Dusty Gibson. Rental is paid current.

Lease No. Legal Description Rent Lessee 101432 Caddo County

N/2 Sec. 36-8N-11WIM (less 2.5 acres sold)

$17,250.00 David Nault

This lease was previously in the name of Brian D. Chaney. Rental is paid current.

Lease No. Legal Description Rent Lessee 101397 Cotton County

NW/4 Sec. 36-2S-11WIM (subj. to 14 acre esmt) (less acres sold) (less 2.35 acres STCL 106317)

$2,700.00 Ricky R. High

This lease was previously in the name of Dewayne R. High. Rental is paid current.

Lease No. Legal Description Rent Lessee 101471 Comanche County

All of Sec. 36-1N-12WIM (subj. to 67.15 acre esmt) (less 4.94 acres sold)

$15,900.00 Rodney Zeller

This lease was previously in the name of Lance John. Rental is paid current.

Lease No. Legal Description Rent Lessee 205298 Caddo County

SE/4 Sec. 13-10N-12WIM $5,900.00 D & D Farms, Inc.

This lease was previously in the name of Donnie Sodders. Rental is paid current.

Lease No. Legal Description Rent Lessee 919004 Jackson County

SE/4 Sec 33-4N-19WIM (subj. to .04 acre esmt)

$5,800.00 Melvin O. Angelly

This lease was previously in the name of Melvin O. Angelly and John Dillon Butchee. Rental is paid current for 2019.


Lease No. Legal Description Rent Lessee 100085 Kay County

NW/4 Sec. 36-26N-1EIM (subj. 11.02 acre esmt)

$6,300.00 Alan Otto

This lease was previously in the name of Dennis L. Lebeda. Rental is paid current.

RE: 20 YEAR EASEMENT

Lease No. Legal Description Appraised Company 101181 Kingfisher County Esmt. No. 9931

SE/4 Sec. 36-16N-8WIM $15,600.00 MarkWest Oklahoma Gas Company, LLC

Easement has been issued to MarkWest Oklahoma Gas Company, LLC for a 4” and a 12” natural gas & natural gas liquids pipelines. Easement will not exceed 30’ in width and 36.73 rods in length. Easement has been paid in full.

RE: SOIL CONSERVATION PROJECTS

Lease No. Lessee Location Practice Cost to CLO 100222 Noble County

Tim Eggers SW/4 Sec. 16-21N-2EIM (subj to 6.37 acre ESMT)

Repair eroded pond dam. Create new spillway

$1,080.00

817002 Kay County

Randall Neighbors

SE/4 Sec. 33-26N-1EIM (subj to 11.82 acre ESMT)

Lime purchase $512.60

101659 Major County

Paul Beverly SE/4 Sec. 36-21N-16WIM

Drill, case and complete water well using 5” Schedule 40 “U.S.” PVC casing

$4,000.00

205042 Noble County

Dan Barrick W/2 Sec. 13-21N-3EIM (less 5 acres sold)

Repair Eroded Pond Dam: Remove trees from work area. Slope eroded area into v-shape. Fill and pack soil into eroded area. Add 18 inches of height to Northern 100 feet of dam. Lower spillway entrance approximately 12 inches and replace Bermuda

$3,375.00

RE: THE FOLLOWING IS A REQUEST AND AUTHORIZATION FOR IMPROVEMENTS.

Lease Number Description Approx. Cost Lessee 101561 Washita County NE/4 Sec. 36-8N-14WIM $15,000.00 Jay Holsted

Request and Authorization for Improvements: Lessee to drill new irrigation well at his own expense.


RE: ASSIGNMENT OF LONG-TERM COMMERCIAL LEASE

Lease No. Description Annual Rent Lessee 106403 Pottawatomie County

SE/4 Sec. 36-11N-3EIM (1.27AC) M/L

$32,520.00 Switchgrass-VI, LLC.

This lease was previously in the name of O and M Restaurant Group, Inc. Rental is current.

RE: SHORT TERM COMMERCIAL LEASE RENEWALS

Lease No. Description Rent Lessee 105922 Kay County

SE/4NE/4NW/4 Sec. 36-27N-3WIM

$1,800.00 Bryon Davidson

Term of 1/1/2020 to 12/31/2022 and will be used as a residence.

Lease No. Description Rent Lessee 106217 Caddo County

SW/4SW/4SW/4 Sec. 36-6N-9WIM

$1,600.00 Horizon Gas Gathering, LLC.

Term of 1/1/2020 to 12/31/2022 and will be used as an oil and gas site.

Lease No. Description Rent Lessee 100077 Kay County

NW/4 Sec. 16-28N-3EIM $2,000.00 Xanadu Exploration

Term of 1/1/2020 to 12/31/2022 and will be used as a salt water disposal site.

Lease No. Description Rent Lessee 109327 Garfield County

NW/4NW/4NW/4 Sec. 36-24N-8WIM

$3,000.00 Sandridge Energy

Term of 1/1/2020 to 12/31/2022 and will be used as an oil & gas equipment site.

Lease No. Description Rent Lessee 105679 Noble County

NW/4NW/4 Sec. 16-21N-2EIM $1,200.00 Ronda Cooper


Lease No. Description Rent Lessee 105800 Cleveland County

E/2 Sec. 16-9N-3WIM $24,000.00 Dee Raper

Term of 1/1/2020 to 12/31/2022 and will be used as horse racing stables.

Lease No. Description Rent Lessee 817354 Pawnee County

NW/4 Sec. 33-20N-9EIM $1,800.00 Duke Overholt


Lease No. Description Rent Lessee 105765 Oklahoma Co.

NE/4SE/4NE/4SE/4 Sec. 16-14N-1WIM

$1,600.00 David Smith



7. Financial Information Regarding Investments and Monthly Distributions (informational only) Accounting

a. March 2020 Distribution by District and Month

Investments a. February 2020 Market Value Comparison

DISTRICT NAME MARCHDistribution YTD Total MARCH

Distribution YTD Total

Achille $4,631 $32,912 $3,214 $37,113Ada $35,992 $255,765 $23,081 $266,507Adair $15,175 $107,839 $9,585 $110,674Afton $7,267 $51,641 $4,885 $56,409Agra $4,359 $30,972 $2,879 $33,248Albion $726 $5,157 $508 $5,861Alex $4,571 $32,480 $2,883 $33,293Aline-Cleo $1,888 $13,418 $1,282 $14,801Allen $7,405 $52,624 $4,526 $52,260Allen-Bowden $4,572 $32,492 $2,934 $33,877Altus $46,736 $332,114 $29,799 $344,073Alva $14,757 $104,867 $9,304 $107,427Amber-Pocasset $7,242 $51,460 $4,437 $51,227Anadarko $22,637 $160,862 $14,951 $172,630Anderson $4,597 $32,665 $2,540 $29,325Antlers $14,114 $100,299 $8,928 $103,085Arapaho $6,733 $47,843 $4,250 $49,067Ardmore $39,476 $280,528 $24,465 $282,487Arkoma $5,706 $40,551 $3,539 $40,869Arnett $2,447 $17,392 $1,604 $18,518Asher $4,085 $29,031 $2,634 $30,417Atoka $12,305 $87,442 $7,596 $87,707Avant $1,303 $9,262 $730 $8,424Balko $2,149 $15,270 $1,393 $16,080Banner $3,692 $26,236 $2,092 $24,151Barnsdall $5,910 $41,997 $3,584 $41,388Bartlesville $83,281 $591,813 $52,653 $607,959Battiest $3,493 $24,825 $2,352 $27,154Bearden $2,056 $14,610 $1,322 $15,261Beaver $4,380 $31,126 $3,061 $35,349Beggs $14,908 $105,938 $9,528 $110,019Belfonte $2,225 $15,814 $1,574 $18,175Bennington $4,747 $33,735 $3,153 $36,405Berryhill $17,096 $121,488 $10,987 $126,860Bethany $24,623 $174,977 $15,497 $178,937Bethel $17,384 $123,538 $11,271 $130,144Big Pasture $2,844 $20,209 $1,787 $20,635Billings $979 $6,956 $597 $6,895

Commissioners of the Land Office

DISTRIBUTION FOR FY-2020(By District, By Month, MARCH 2020)

FY 2020 FY 2019



FY 2020 FY 2019

Binger-Oney $4,802 $34,122 $3,007 $34,725Bishop $8,311 $59,058 $5,085 $58,717Bixby $94,363 $670,566 $56,967 $657,769Blackwell $16,814 $119,484 $11,296 $130,424Blair $3,756 $26,689 $2,581 $29,799Blanchard $29,083 $206,667 $18,215 $210,320Bluejacket $2,929 $20,815 $1,819 $21,000Boise City $4,231 $30,070 $2,405 $27,765Bokoshe $2,619 $18,613 $1,779 $20,546Boone-Apache $8,206 $58,315 $5,287 $61,041Boswell $4,750 $33,752 $3,076 $35,520Bowlegs $3,439 $24,437 $2,382 $27,508Bowring $901 $6,402 $631 $7,287Braggs $2,122 $15,078 $1,312 $15,152Bray-Doyle $4,240 $30,131 $2,806 $32,400Bridge Creek $23,766 $168,888 $14,284 $164,930Briggs $6,278 $44,611 $4,044 $46,694Bristow $24,665 $175,274 $15,544 $179,474Broken Arrow $267,540 $1,901,195 $166,436 $1,921,762Broken Bow $22,631 $160,823 $14,335 $165,520Brushy $5,730 $40,715 $3,845 $44,395Buffalo $4,430 $31,480 $2,634 $30,414Buffalo Valley $2,114 $15,024 $1,314 $15,168Burlington $1,902 $13,517 $1,402 $16,189Burns Flat-Dill City $8,116 $57,676 $5,388 $62,217Butner $3,282 $23,319 $1,973 $22,778Byng $25,804 $183,372 $16,304 $188,252Cache $28,330 $201,319 $17,768 $205,158Caddo $7,224 $51,336 $4,566 $52,722Calera $10,988 $78,081 $6,909 $79,776Calumet $3,628 $25,782 $2,293 $26,481Calvin $2,355 $16,736 $1,444 $16,673Cameron $4,224 $30,017 $2,453 $28,329Canadian $6,593 $46,849 $4,669 $53,910Caney $3,341 $23,741 $2,070 $23,897Caney Valley $11,537 $81,987 $7,303 $84,329Canton $5,006 $35,576 $3,139 $36,250Canute $5,418 $38,498 $3,741 $43,199Carnegie $7,820 $55,571 $5,033 $58,115Carney $3,476 $24,699 $2,177 $25,132Cashion $8,548 $60,747 $4,918 $56,783Catoosa $27,101 $192,582 $17,704 $204,421Cave Springs $2,718 $19,318 $1,669 $19,273Cement $3,306 $23,490 $2,178 $25,153



FY 2020 FY 2019

Central $6,950 $49,389 $4,305 $49,703Central High $5,937 $42,189 $3,508 $40,500Chandler $16,206 $115,162 $10,508 $121,336Chattanooga $3,535 $25,118 $2,057 $23,746Checotah $19,670 $139,778 $12,516 $144,514Chelsea $11,325 $80,475 $7,327 $84,601Cherokee $5,784 $41,102 $3,572 $41,243Cheyenne $5,023 $35,694 $3,137 $36,225Chickasha $30,753 $218,540 $20,190 $233,126Chisholm $17,018 $120,934 $10,290 $118,812Choctaw/Nicoma Park $79,447 $564,568 $50,561 $583,799Chouteau-Mazie $12,359 $87,825 $7,640 $88,218Cimarron $3,739 $26,572 $2,377 $27,449Claremore $52,947 $376,251 $33,795 $390,215Clayton $4,394 $31,227 $2,795 $32,269Cleora $1,954 $13,883 $1,147 $13,245Cleveland $22,924 $162,901 $14,874 $171,747Clinton $30,826 $219,055 $19,613 $226,467Coalgate $9,311 $66,163 $5,911 $68,257Colbert $10,840 $77,035 $7,187 $82,981Colcord $8,557 $60,805 $4,916 $56,767Coleman $2,288 $16,256 $1,475 $17,028Collinsville $40,051 $284,609 $24,770 $286,013Comanche $13,253 $94,175 $8,391 $96,889Commerce $12,450 $88,470 $7,781 $89,842Copan $3,139 $22,306 $2,053 $23,709Cordell $9,549 $67,859 $6,064 $70,016Cottonwood $2,337 $16,606 $1,540 $17,781Covington-Douglas $4,167 $29,615 $2,536 $29,287Coweta $46,304 $329,048 $29,097 $335,971Coyle $4,556 $32,375 $3,034 $35,029Crescent $7,891 $56,078 $4,992 $57,641Crooked Oak $16,242 $115,416 $10,261 $118,482Crowder $5,387 $38,284 $3,662 $42,289Crutcho $4,140 $29,418 $2,827 $32,647Cushing $25,564 $181,664 $16,181 $186,831Cyril $5,048 $35,872 $3,145 $36,313Dahlonegah $2,101 $14,928 $1,294 $14,940Dale $11,374 $80,826 $7,408 $85,534Darlington $3,422 $24,321 $2,232 $25,769Davenport $5,727 $40,698 $3,393 $39,173Davidson $539 $3,831 $344 $3,974Davis $14,130 $100,411 $9,099 $105,062Deer Creek $95,564 $679,099 $56,023 $646,869



FY 2020 FY 2019

Deer Creek-Lamont $2,234 $15,873 $1,550 $17,901Denison $4,208 $29,903 $2,709 $31,275Depew $5,363 $38,113 $3,350 $38,678Dewar $6,248 $44,402 $3,617 $41,762Dewey $17,349 $123,283 $11,054 $127,637Dibble $9,833 $69,875 $6,022 $69,538Dickson $18,659 $132,594 $11,906 $137,471Dover $2,285 $16,236 $1,412 $16,308Drummond $5,004 $35,556 $3,128 $36,114Drumright $7,196 $51,134 $4,953 $57,190Duke $2,180 $15,492 $1,563 $18,052Duncan $47,823 $339,838 $29,819 $344,302Durant $52,979 $376,481 $33,274 $384,202Eagletown $2,170 $15,422 $1,352 $15,607Earlsboro $3,793 $26,952 $2,477 $28,598Edmond $358,286 $2,546,057 $221,339 $2,555,697El Reno $39,930 $283,750 $24,340 $281,043Elgin $33,045 $234,823 $20,617 $238,058Elk City $30,530 $216,951 $18,844 $217,578Elmore City $7,077 $50,293 $4,508 $52,048Empire $7,379 $52,438 $4,756 $54,916Enid $108,206 $768,934 $68,724 $793,523Erick $3,417 $24,285 $2,253 $26,013Eufaula $16,028 $113,896 $9,984 $115,280Fairland $9,049 $64,304 $5,512 $63,647Fairview $11,342 $80,602 $7,156 $82,628Fanshawe $1,606 $11,413 $855 $9,872Fargo $3,194 $22,698 $2,124 $24,529Felt $1,194 $8,484 $784 $9,053Fletcher $6,223 $44,222 $3,977 $45,921Flower Mound $4,669 $33,178 $3,048 $35,196Forest Grove $2,307 $16,391 $1,484 $17,133Forgan $1,925 $13,683 $1,295 $14,958Fort Cobb-Broxton $4,624 $32,857 $2,859 $33,009Fort Supply $1,833 $13,026 $1,156 $13,349Fox $3,814 $27,105 $2,666 $30,782Foyil $6,623 $47,062 $4,473 $51,643Frederick $12,023 $85,438 $7,723 $89,176Freedom $908 $6,454 $679 $7,836Friend $3,745 $26,613 $2,387 $27,565Frink-Chambers $6,093 $43,301 $4,016 $46,377Frontier $5,235 $37,203 $3,240 $37,409Ft Gibson $25,158 $178,780 $15,985 $184,575Ft Towson $6,491 $44,510 $2,893 $33,410



FY 2020 FY 2019

Gans $5,841 $41,509 $3,666 $42,328Garber $5,491 $39,020 $3,252 $37,550Geary $4,900 $34,818 $2,956 $34,126Geronimo $4,540 $32,261 $3,035 $35,038Glencoe $5,223 $37,119 $3,026 $34,934Glenpool $39,273 $279,082 $24,358 $281,254Glover $855 $6,079 $607 $7,013Goodwell $3,436 $24,416 $2,262 $26,118Gore $7,037 $50,004 $4,601 $53,130Gracemont $2,098 $14,906 $1,483 $17,119Graham-Dustin $2,395 $17,016 $1,622 $18,723Grand View $8,464 $60,150 $5,069 $58,532Grandfield $3,021 $21,469 $1,730 $19,972Grandview $1,841 $13,084 $1,276 $14,732Granite $3,437 $24,426 $2,163 $24,977Greasy $931 $6,617 $641 $7,402Greenville $1,455 $10,337 $1,114 $12,863Grove $34,672 $246,388 $21,871 $252,529Grove $7,186 $51,068 $4,647 $53,656Guthrie $47,264 $335,864 $29,646 $342,313Guymon $43,456 $308,805 $27,685 $319,666Gypsy $832 $5,914 $761 $8,787Haileyville $4,435 $31,515 $2,636 $30,437Hammon $3,401 $24,167 $2,109 $24,349Hanna $1,137 $8,083 $791 $9,133Hardesty $1,081 $7,682 $872 $10,066Harmony $3,292 $23,391 $2,078 $23,999Harrah $31,844 $226,288 $20,205 $233,298Hartshorne $10,796 $76,716 $6,792 $78,426Haskell $10,494 $74,572 $7,130 $82,325Haworth $7,709 $54,785 $4,796 $55,379Haywood $1,727 $12,271 $1,030 $11,893Healdton $6,822 $48,481 $4,439 $51,253Heavener $13,254 $94,189 $8,776 $101,337Hennessey $12,475 $88,649 $7,991 $92,268Henryetta $16,738 $118,944 $10,544 $121,751Hilldale $25,859 $183,761 $15,905 $183,650Hinton $10,606 $75,366 $6,729 $77,699Hobart $10,810 $76,818 $7,135 $82,387Hodgen $3,465 $24,620 $2,299 $26,546Holdenville $14,841 $105,464 $9,435 $108,942Hollis $7,717 $54,841 $4,963 $57,301Holly Creek $3,705 $26,326 $2,139 $24,702Hominy $8,118 $57,688 $5,173 $59,727



FY 2020 FY 2019

Hooker $9,219 $65,509 $6,065 $70,033Howe $9,217 $65,499 $5,499 $63,496Hugo $17,449 $123,997 $10,814 $124,867Hulbert $8,022 $57,005 $5,045 $58,258Hydro-Eakly $6,352 $45,138 $3,720 $42,950Idabel $17,720 $125,924 $10,901 $125,864Indiahoma $3,067 $21,791 $1,772 $20,465Indianola $3,845 $27,325 $2,133 $24,625Inola $17,934 $127,443 $11,774 $135,954Jay $21,496 $152,754 $14,228 $164,286Jenks $176,082 $1,251,273 $109,162 $1,260,443Jennings $2,932 $20,834 $1,877 $21,668Jones $15,577 $110,692 $9,870 $113,961Justice $2,701 $19,196 $1,504 $17,368Justus-Tiawah $7,259 $51,584 $4,588 $52,971Kansas $11,943 $84,872 $7,761 $89,614Kellyville $12,431 $88,338 $8,336 $96,247Kenwood $1,332 $9,464 $700 $8,078Keota $5,639 $40,070 $3,694 $42,648Ketchum $8,859 $62,957 $5,349 $61,768Keyes $363 $2,579 $477 $5,511Keys $10,560 $75,044 $7,150 $82,559Keystone $4,517 $32,098 $2,602 $30,044Kiefer $12,417 $88,235 $7,357 $84,953Kildare $1,283 $9,118 $784 $9,050Kingfisher $21,644 $153,807 $13,571 $156,697Kingston $17,699 $125,776 $11,109 $128,265Kinta $2,967 $21,081 $1,905 $22,000Kiowa $4,310 $30,629 $2,603 $30,056Konawa $8,897 $63,222 $5,812 $67,112Krebs $6,284 $44,656 $3,877 $44,763Kremlin-Hillsdale $4,145 $29,457 $2,713 $31,322Lane $3,906 $27,760 $2,519 $29,091Latta $13,059 $92,798 $8,089 $93,400Laverne $6,806 $48,368 $4,323 $49,913Lawton $189,800 $1,348,761 $121,269 $1,400,238Le Flore $3,580 $25,438 $2,042 $23,575Leach $2,074 $14,738 $1,151 $13,287Leedey $3,351 $23,810 $2,063 $23,823Lexington $14,304 $101,650 $9,070 $104,732Liberty $4,450 $31,624 $2,958 $34,160Liberty $7,417 $52,705 $4,748 $54,825Lindsay $17,350 $123,294 $10,795 $124,650Little Axe $18,237 $129,595 $11,490 $132,668



FY 2020 FY 2019

Locust Grove $19,380 $137,715 $12,404 $143,223Lomega $3,307 $23,500 $2,143 $24,739Lone Grove $20,242 $143,843 $13,074 $150,960Lone Star $12,975 $92,200 $8,111 $93,659Lone Wolf $1,263 $8,977 $965 $11,138Lookeba Sickles $3,384 $24,051 $2,172 $25,074Lowrey $2,039 $14,490 $1,345 $15,526Lukfata $5,302 $37,679 $3,377 $38,998Luther $11,260 $80,014 $7,248 $83,694Macomb $3,920 $27,856 $2,431 $28,066Madill $25,044 $177,971 $15,860 $183,127Mangum $10,554 $74,999 $6,726 $77,664Mannford $20,562 $146,120 $13,059 $150,785Mannsville $1,559 $11,078 $915 $10,566Maple $2,586 $18,378 $1,492 $17,233Marble City $1,282 $9,110 $766 $8,848Marietta $16,000 $113,701 $9,873 $113,993Marlow $20,240 $143,831 $12,651 $146,078Maryetta $9,114 $64,764 $5,773 $66,659Mason $3,664 $26,034 $2,390 $27,600Maud $3,869 $27,494 $2,840 $32,788Maysville $4,478 $31,823 $2,786 $32,167Mc Alester $42,138 $299,444 $26,094 $301,291Mc Cord $4,673 $33,211 $3,069 $35,439Mc Curtain $3,043 $21,622 $2,101 $24,265Mc Loud $24,228 $172,167 $15,439 $178,262Medford $3,819 $27,139 $2,412 $27,848Meeker $10,989 $78,089 $7,568 $87,382Merritt $11,498 $81,709 $7,167 $82,752Miami $31,164 $221,461 $19,256 $222,335Middleberg $2,929 $20,813 $1,916 $22,124Midway $3,054 $21,702 $1,999 $23,087Milburn $2,870 $20,396 $1,853 $21,395Mill Creek $2,354 $16,729 $1,429 $16,505Millwood $13,465 $95,685 $7,468 $86,225Minco $8,091 $57,494 $5,306 $61,261Moffett $5,055 $35,922 $3,084 $35,615Monroe $1,447 $10,279 $991 $11,444Moore $347,992 $2,472,908 $216,902 $2,504,464Mooreland $7,594 $53,965 $4,841 $55,901Morris $13,998 $99,472 $9,483 $109,492Morrison $8,534 $60,643 $5,554 $64,130Moseley $2,462 $17,493 $2,049 $23,658Moss $3,997 $28,404 $2,542 $29,354



FY 2020 FY 2019

Mounds $8,219 $58,404 $5,395 $62,289Mountain View-Gotebo $3,415 $24,264 $2,108 $24,336Moyers $2,424 $17,226 $1,631 $18,833Muldrow $19,772 $140,502 $12,803 $147,833Mulhall-Orlando $3,307 $23,500 $2,057 $23,749Muskogee $78,170 $555,494 $50,483 $582,907Mustang $167,364 $1,189,322 $100,600 $1,161,578Mwc/Del City $194,453 $1,381,826 $124,071 $1,432,590N Rock Creek $7,357Nashoba $748 $5,315 $370 $4,277Navajo $7,557 $53,704 $4,671 $53,935New Lima $4,258 $30,259 $2,658 $30,693Newcastle $31,768 $225,752 $19,542 $225,647Newkirk $11,004 $78,200 $7,382 $85,237Ninnekah $7,344 $52,191 $4,769 $55,067Noble $38,089 $270,668 $24,771 $286,025Norman $224,888 $1,598,103 $140,608 $1,623,534North Rock Creek $10,665 $75,786 $5,560 $56,839Norwood $1,776 $12,623 $1,299 $14,994Nowata $10,741 $76,325 $7,316 $84,469Oak Grove $2,406 $17,099 $1,465 $16,911Oakdale $9,324 $66,261 $6,059 $69,964Oaks Mission $2,647 $18,811 $1,891 $21,835Oilton $3,745 $26,611 $2,445 $28,229Okarche $5,591 $39,729 $3,336 $38,516Okay $5,067 $36,007 $3,211 $37,080Okeene $4,824 $34,279 $2,980 $34,409Okemah $10,994 $78,128 $7,178 $82,883Oklahoma City $745,659 $5,298,807 $446,510 $5,155,642Oklahoma Union $9,167 $65,143 $5,821 $67,215Okmulgee $17,668 $125,556 $11,685 $134,926Oktaha $9,981 $70,928 $6,587 $76,054Olive $3,928 $27,915 $2,967 $34,264Olustee-Eldorado $2,595 $18,441 $1,719 $19,847Oologah-Talala $24,926 $177,132 $15,594 $180,062Optima $664 $4,721 $521 $6,013Osage $1,800 $12,791 $1,117 $12,892Osage Hills $2,467 $17,528 $1,470 $16,972Owasso $137,224 $975,142 $86,874 $1,003,092Paden $3,405 $24,196 $2,204 $25,454Panama $10,372 $73,708 $6,487 $74,904Panola $1,516 $10,771 $944 $10,898Paoli $3,223 $22,902 $2,158 $24,922Pauls Valley $18,346 $130,373 $12,132 $140,078



FY 2020 FY 2019

Pawhuska $9,815 $69,747 $6,333 $73,129Pawnee $9,538 $67,777 $6,180 $71,354Peavine $1,761 $12,511 $1,133 $13,076Peckham $1,377 $9,783 $874 $10,092Peggs $3,017 $21,436 $2,001 $23,105Perkins-Tryon $21,725 $154,383 $13,554 $156,498Perry $15,843 $112,585 $9,852 $113,751Piedmont $61,395 $436,286 $36,562 $422,164Pioneer $5,536 $39,342 $3,624 $41,839Pioneer-Pleasant $7,193 $51,113 $4,731 $54,626Pittsburg $2,029 $14,418 $1,278 $14,755Plainview $21,651 $153,853 $13,737 $158,619Pleasant Grove $3,249 $23,090 $2,066 $23,850Pocola $11,397 $80,988 $7,694 $88,834Ponca City $66,405 $471,890 $42,542 $491,209Pond Creek-Hunter $4,717 $33,523 $2,880 $33,250Porter Consolidated $7,543 $53,602 $4,501 $51,970Porum $6,512 $46,279 $4,312 $49,787Poteau $32,480 $230,812 $20,556 $237,351Prague $14,755 $104,849 $9,133 $105,453Preston $7,917 $56,261 $4,956 $57,223Pretty Water $3,791 $26,938 $2,540 $29,323Prue $4,064 $28,882 $2,820 $32,556Pryor $38,882 $276,304 $23,990 $277,007Purcell $19,892 $141,358 $12,526 $144,637Putnam City $268,162 $1,905,615 $170,205 $1,965,283Quapaw $8,331 $59,200 $5,491 $63,403Quinton $5,973 $42,446 $3,770 $43,526Rattan $7,152 $50,820 $4,569 $52,756Ravia $1,384 $9,837 $794 $9,166Red Oak $4,584 $32,573 $2,673 $30,858Reydon $1,664 $11,822 $1,155 $13,340Ringling $5,358 $38,074 $3,509 $40,520Ringwood $5,474 $38,902 $3,475 $40,128Ripley $6,583 $46,782 $4,220 $48,721Riverside $2,433 $17,288 $1,536 $17,741Robin Hill $4,866 $34,582 $2,924 $33,766Rock Creek $7,183 $51,047 $4,390 $50,695Rocky Mountain $2,672 $18,990 $1,648 $19,032Roff $4,632 $32,919 $2,854 $32,951Roland $12,912 $91,757 $8,237 $95,108Rush Springs $7,257 $51,568 $4,723 $54,530Ryal $1,125 $7,994 $732 $8,450Ryan $3,526 $25,059 $2,120 $24,474



FY 2020 FY 2019

S Coffeyville $3,204 $22,766 $2,056 $23,744S Rock Creek $5,826 $41,404 $3,620 $41,795Salina $11,191 $79,528 $7,158 $82,652Sallisaw $26,806 $190,487 $17,211 $198,724Sand Springs $71,210 $506,033 $45,118 $520,962Sapulpa $52,341 $371,944 $33,691 $389,018Sasakwa $2,784 $19,785 $1,630 $18,821Savanna $5,655 $40,188 $3,499 $40,399Sayre $10,322 $73,354 $6,453 $74,504Schulter $2,066 $14,678 $1,310 $15,128Seiling $6,736 $47,869 $4,010 $46,305Seminole $22,789 $161,940 $14,342 $165,595Sentinel $4,564 $32,431 $2,820 $32,560Sequoyah $18,350 $130,396 $11,884 $137,214Shady Grove $2,314 $16,445 $1,418 $16,369Shady Point $2,267 $16,108 $1,429 $16,504Sharon-Mutual $3,788 $26,920 $2,397 $27,676Shattuck $5,374 $38,190 $3,326 $38,400Shawnee $52,414 $372,465 $34,470 $398,011Shidler $3,185 $22,636 $2,172 $25,080Silo $13,312 $94,599 $7,947 $91,765Skiatook $34,054 $241,997 $22,258 $257,007Smithville $4,028 $28,621 $2,662 $30,740Snyder $6,678 $47,455 $4,128 $47,666Soper $5,052 $35,897 $3,292 $38,010Sperry $14,920 $106,024 $9,936 $114,725Spiro $15,046 $106,922 $9,399 $108,524Springer $3,349 $23,798 $2,078 $23,990Sterling $5,447 $38,710 $3,512 $40,552Stidham $1,404 $9,974 $995 $11,489Stigler $18,292 $129,984 $11,881 $137,181Stillwater $88,436 $628,443 $55,794 $644,231Stilwell $17,814 $126,587 $11,030 $127,362Stonewall $6,321 $44,918 $3,983 $45,986Straight $511 $3,634 $403 $4,648Stratford $9,100 $64,669 $5,768 $66,596Stringtown $3,286 $23,353 $2,015 $23,261Strother $6,141 $43,636 $3,775 $43,586Stroud $11,054 $78,554 $7,020 $81,059Stuart $3,768 $26,774 $2,462 $28,430Sulphur $22,019 $156,469 $13,559 $156,559Sweetwater $1,702 $12,096 $1,122 $12,953Swink $1,619 $1,228 $14,174Tahlequah $50,235 $356,982 $31,592 $364,775



FY 2020 FY 2019

Talihina $7,600 $54,010 $5,057 $58,390Taloga $1,452 $10,320 $931 $10,746Tannehill $2,082 $14,798 $1,257 $14,512Tecumseh $29,519 $209,772 $19,020 $219,620Temple $2,513 $17,860 $1,682 $19,427Tenkiller $3,621 $25,729 $2,620 $30,251Terral $541 $3,845 $410 $4,729Texhoma $3,497 $24,849 $2,256 $26,052Thackerville $3,897 $27,691 $2,782 $32,118Thomas-Fay-Custer Unified $6,959 $49,450 $4,564 $52,702Timberlake $4,019 $28,558 $2,479 $28,627Tipton $3,942 $28,012 $2,574 $29,724Tishomingo $12,626 $89,724 $7,845 $90,579Tonkawa $10,930 $77,670 $6,812 $78,651Tulsa $557,243 $3,959,889 $349,635 $4,037,079Tupelo $3,387 $24,068 $2,272 $26,232Turkey Ford $1,537 $10,924 $940 $10,849Turner $4,607 $32,740 $2,853 $32,947Turpin $6,342 $45,065 $3,941 $45,503Tushka $6,328 $44,967 $3,934 $45,427Tuskahoma $1,326 $9,423 $780 $9,005Tuttle $27,510 $195,493 $17,176 $198,323Twin Hills $4,531 $32,197 $3,006 $34,707Tyrone $3,049 $21,668 $1,998 $23,073Union $219,990 $1,563,295 $139,289 $1,608,307Union City $4,462 $31,706 $2,896 $33,434Valliant $11,769 $83,630 $7,648 $88,303Vanoss $8,180 $58,128 $5,129 $59,226Varnum $4,432 $31,491 $2,775 $32,040Velma-Alma $6,523 $46,354 $3,871 $44,696Verden $4,092 $29,077 $2,432 $28,084Verdigris $19,964 $141,865 $11,912 $137,537Vian $12,558 $89,240 $8,341 $96,309Vici $4,472 $31,781 $2,905 $33,548Vinita $19,841 $140,997 $12,373 $142,861Wagoner $32,591 $231,601 $20,797 $240,133Wainwright $1,231 $8,745 $904 $10,436Walters $9,119 $64,801 $5,717 $66,009Wanette $2,108 $14,981 $1,334 $15,405Wapanucka $3,625 $25,759 $2,211 $25,525Warner $11,819 $83,989 $7,211 $83,256Washington $15,142 $107,603 $9,572 $110,529Watonga $10,230 $72,695 $6,666 $76,966Watts $3,748 $26,634 $2,419 $27,927



FY 2020 FY 2019

Waukomis $5,911 $42,003 $3,882 $44,825Waurika $6,305 $44,802 $3,770 $43,530Wayne $6,853 $48,698 $4,784 $55,234Waynoka $3,301 $23,454 $2,080 $24,018Weatherford $33,654 $239,149 $20,424 $235,821Webbers Falls $4,011 $28,500 $2,555 $29,502Welch $3,996 $28,398 $2,873 $33,172Weleetka $6,029 $42,846 $3,672 $42,402Wellston $7,890 $56,070 $5,174 $59,736Western Hgts $44,796 $318,328 $28,954 $334,319Westville $15,783 $112,157 $9,989 $115,342Wetumka $5,941 $42,221 $3,810 $43,992Wewoka $8,941 $63,539 $5,911 $68,256White Oak $551 $3,916 $415 $4,793White Rock $1,163 $8,266 $798 $9,210Whitebead $5,823 $41,383 $3,520 $40,645Whitefield $2,439 $17,331 $1,451 $16,757Whitesboro $3,045 $21,637 $2,073 $23,930Wickliffe $1,013 $7,200 $819 $9,453Wilburton $11,781 $83,718 $7,688 $88,764Wilson $5,534 $39,323 $3,561 $41,114Wilson $3,291 $23,385 $2,058 $23,761Wister $6,733 $47,843 $4,307 $49,733Woodall $6,653 $47,279 $4,380 $50,575Woodland $6,126 $43,532 $3,916 $45,220Woodward $37,975 $269,858 $25,020 $288,890Wright City $6,888 $48,947 $4,242 $48,986Wyandotte $11,436 $81,265 $7,235 $83,544Wynnewood $9,835 $69,891 $6,101 $70,447Wynona $1,409 $10,016 $979 $11,308Yale $5,898 $41,914 $3,647 $42,113Yarbrough $1,446 $10,277 $947 $10,933Yukon $125,120 $889,127 $77,353 $893,159Zaneis $3,861 $27,436 $2,650 $30,598Zion $4,831 $34,329 $3,053 $35,250

Totals: $9,524,442 $67,682,693 $5,980,922 $69,058,962

1/31/2020 2/29/2020 ChangeAllocation Market Value Market Value in Market Value

Domestic Equity 535,089,872$ 483,340,674$ (51,749,198)$ Master Limited Partnerships 190,857,790 172,497,034 (18,360,756) International Equities 246,703,051 230,131,456 (16,571,595) Fixed Income 1,422,589,848 1,420,884,070 (1,705,778) Real Estate Investment Trusts 74,170,406 68,243,149 (5,927,257) Cash Equivalents 14,491,290 16,219,221 1,727,931

2,483,902,257$ 2,391,315,604$ (92,586,653)$

Commercial Real Estate 100,889,904 100,889,904 -

Total 2,584,792,161$ 2,492,205,508$ (92,586,653)$

6/30/2019 2/29/2020 ChangeMarket Value Market Value in Market Value

RVK Portfolio 2,349,538,428 2,391,315,604 41,777,176$ Commercial Real Estate Portfolio 100,889,904 100,889,904 - Total Investment Portfolio 2,450,428,332$ 2,492,205,508$ 41,777,176$

Commissioners of the Land OfficeMarket Value Comparison

Market Value Comparison FY-2020

8. New Business

The Commission may discuss, consider and take possible action regarding new business that could not have been reasonably anticipated or was unknown prior to the regular meeting.

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