Lease Extension

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Dictionary Says

Definition of 'Lease Extension'

A legal agreement that extends the term of a rental agreement. The lease extension document should name the parties to the agreement, provide the dates on which the extension begins and ends, and reference the earlier agreement that is being extended. Lease payments do not have to remain the same under a lease extension.

Investopedia Says

Investopedia explains 'Lease Extension'

A lease extension could be executed between a landlord and a tenant, when the tenant's lease is about to expire and he or she wants to continue renting the property. Another situation where a lease extension might be desirable is if a consumer is leasing a vehicle from an auto dealership and opts to lease or purchase a different vehicle at the end of the lease term, but wants to temporarily continue using the original leased vehicle because the replacement vehicle is not yet available.

Search results for

'Lease Extension'

  • Devon Energy A Major Player In North American Onshore

    http://stocks.investopedia.com/stock-analysis/2009/Devon-Energy-A-Major-Player-In-North-American-Onshore--DVN-XOM-EOG-SU1123.aspx
    ... is EOG Resources (NYSE: EOG) with 90,000 core acres in a north extension of the ... position
    in the Haynesville Shale, where it has 47,000 net acres under lease. ...

  • Denbury Resources Loves The Bakken

    http://stocks.investopedia.com/stock-analysis/2011/Denbury-Resources-Loves-The-Bakken-DNR-CHK-NOG-WLL1128.aspx
    ... Bakken Summary Denbury Resources has approximately 266,000 net acres under lease
    that is ... in the company's core areas, and the balance in an extension area to ...

  • EOG Resources Other Oily Plays

    http://stocks.investopedia.com/stock-analysis/2010/EOG-Resources-Other-Oily-Plays-EOG0423.aspx
    ... This is an extension of the main Waskada Field over the border in Canada, where
    EOG Resources has another 23,000 net acres under lease. ...

  • Shale Oil Production Rises

    http://stocks.investopedia.com/stock-analysis/2011/Shale-Oil-Production-Rises-CLR-TRP-LINE-VLO0502.aspx
    ... of the leaders in the Bakken with more than 855,000 net acres under lease. ... The company
    plans an extension into the Bakken that will add significant takeaway ...

  • EnCana - Horn River Basin Midstream Review

    http://stocks.investopedia.com/stock-analysis/2011/EnCana---Horn-River-Basin-Midstream-Review-ECA-APA-EOG-NXY-KWK-TRP-SE1012.aspx
    ... The company has 157,500 net acres under lease, that is prospective for the Horn ... with
    TransCanada (NYSE:TRP) and plans to build a pipeline extension that will ...

  • Statoil - Canadian Property Review

    http://stocks.investopedia.com/stock-analysis/2011/Statoil---Canadian-Property-Review-STO-CVX-SU-MUR0628.aspx
    ... started up production from the Leismer Demonstration Project on its lease and over
    the ... also has a 10.5% interest in the Hibernia Southern Extension, which is ...

  • EOG Shifts Toward Oil Development

    http://stocks.investopedia.com/stock-analysis/2010/EOG-Shifts-Toward-Oil-Development--EOG0413.aspx
    ... Resources has been working on the Barnett combo play, a northern extension of the ...
    in Texas and Louisiana, the company has 160,000 net acres under lease and has ...

  • Shale Plays Gone Wild - The Barnett

    http://stocks.investopedia.com/stock-analysis/2009/Shale-Plays-Gone-Wild---The-Barnett-DVN-XTO-ECA0403.aspx
    ... XTO Energy (NYSE:XTO) has 288,000 acres under lease and currently is running 16
    rigs ... Partners LP (NYSE:DEP) just completed a 174-mile pipeline extension with an ...

  • CFA Level 1 Study Guide - Ethics and Standards - Standard VI-A ...

    http://www.investopedia.com/exam-guide/cfa-level-1/ethics-standards/standard-disclosure-conflicts.asp
    ... Of Capital Vs. Operating Leases; 9.18 Determining The Value Of The Lease
    And The Lease Asset; 9.19 Sale And Leaseback; 9.20 Types Of ...

  • CFA Level 1 Study Guide - Ethics and Standards - Standard III-E ...

    http://www.investopedia.com/exam-guide/cfa-level-1/ethics-standards/standard-preservation-confidentiality.asp
    ... Of Capital Vs. Operating Leases; 9.18 Determining The Value Of The Lease
    And The Lease Asset; 9.19 Sale And Leaseback; 9.20 Types Of ...

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