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HomeMy WebLinkAbout20132840.tiffECEWED SEP302013 WELD COUNTY COMMISSIONERS LAND ENERGY, INC. 1615 California Street, Suite 702, Denver, Colorado 80202 T: 303-825-5263 I F: 303-825-6629 I lane@landenergyinc.com September 25, 2013 Weld County Clerk to the Board c/o Esther Gesick P.O. Box 758 Greeley, CO 80632 Re: Consent to Assignment Letter Dear Esther Gesick, FIRM Resources II, LLC has obtained two Weld County Oil and Gas Leases from Jordance Energy, Inc. in an Assignment of Oil and Gas Leases recorded June 14, 2013 at Reception No. 3940222, attached hereto. Pursuant to Paragraph 9 of lease dated February 25, 2013 and Paragraph 10 of lease dated January 16, 2013, Land Energy, Inc., on behalf of FIRM Resources II, LLC requests the consent of the Board of County of Commissioners of the County of Weld to assign said leases and all of the lands covered thereby to Extraction Oil & Gas, LLC. Please find enclosed a check in the amount of $50.00 as fee for your written consent. Please have the appropriate party execute the enclosed copy of this letter in the space provided to indicate the written approval and consent of the Board of County Commissioners of the County of Weld to the assignment and transfer of the Oil and Gas Leases as provided above. Following execution, please return this letter to us in the enclosed envelope. Thank you for your time and consideration in this matter. Sincerely, LAND ENERGY, INC. Lane M. Jungers President 303-825-5263 The Board of County Commissioners of the County of Weld approves and consents to the assignment and transfer of the referenced Oil and Gas Leases as provided for in this Letter Agreement on this '714 day of 0e4' Mr , 2013. By: Li William F. Garcia OCT 072013 Title: Chair, Board of Weld County Commissioners Comer .Agenda 1011/)3 2013-2840 LE0313 LE 031' 3959140 Pages: 1 of 4 08/26/2013 04:21 PM R Fee:$26.00 Steve Moreno, Clerk and Recorder. Weld County, CO ■•M M!rahlah k :IfRLL LW,II/LIMIDIM!I III ASSIGNMENT OF OIL AND GAS LEASES KNOW ALL MEN BY THESE PRESENTS: That the undersigned: FIRM Resources II, LLC 410 17'" Street, Suite 1100 Denver, CO 80202 (hereinafter called Assignor, whether one or more), for and in consideration of One Dollar ($1.00), the receipt and sufficiency whereof is hereby acknowledged, does hereby sell, assign, transfer and set over unto: Extraction Oil & Gas, LLC 1888 Sherman, Suite 500 Denver, Colorado 80203 (hereinafter called Assignee), All of Assignor's undivided interests, together with any other rights, titles and interests of Assignor, of every kind and character in and to the lands located in Weld County, Colorado that are more particularly described below, to wit: See Exhibit "A" attached to and made a part hereof. TO HAVE AND TO HOLD the Assets unto Assignee, its successors and assigns forever; ON AND SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS: This Assignment is made without warranty of any kind, whether expressed or implied, at common law, by statute or otherwise, except Assignor warrants title to the Assets against all claims, liens and encumbrances arising by, through and Assignor, but not otherwise. This Assignment is made with full substitution and subrogation of Assignee in and to all covenants and warranties of title by others heretofore given or made with respect of the Assets or any part thereof, including, but not necessarily limited to that certain Letter Agreement by and between Jordance Energy, Inc., Land Energy, Inc. and HRM Resources, LLC dated November 30, 2012. Assignor agrees to execute and deliver to Assignee all such other additional instruments, notices, transfer orders and other documents and to do all such other and further acts and things as may be necessary to more fully and effectively grant, convey and assign to Assignee all of Assignor's right, title and interest in the Assets. EXECUTED, this 15"' day of August but effective for all purposes on August I, 2013. EXTRACTION OIL & GAS.LLC HRM RE By: Malt Owens, President L. Roger V 3959140 Pages: 2 of 4 Steve 08/26/2013 04:21 PM R Fee:§26,00 Moreno, �III�Ir1iGO ifl�+hliAkY�'tlfL�`'N I{�Weld County, CO Iit ci Illlll ACKNOWLEDGMENT STATE OF COLORADO } }SS COUNTY OF DENVER On this 14th day of August , A.B. 2013, before me personally appeared L. Roger Hutson who, being by me duly sworn, did say that he is the President of FIRM Resources, LLC and that said instrument was signed in behalf of said corporation by authority of its Board of Directors, and said L. Roger Hutson acknowledged said instrument to be free act and deed of said corporation. Witness my hand and seal this 14th day of My Commission Expires: (o—(Ct —&0/c August A.D. 2013. Notary Public April M. Prohaska Address: 410 17`s St, Ste 1100 Denver, CO 80202 ACKNOWLEDGMENT STATE OF COLORADO }SS COUNTY OF DENVER } On this /S day of �¢— A.D. 2013, before me personally appeared Matt Owens who, being by me duly sworn, did say that he is the President of Extraction Oil & Gas, LLC and that said instrument was signed in behalf of said corporation by authority of its Board of Directors, and said Matt Owens acknowledged said instrument to be free act and deed of said corporation. Witness my hand and seal this /S day of ,A.D.2013. 2013. My Commission Expires: a-1414010 jeiv v c. (G fela , lit 10 atalS in_ load Notary Public Address: REBECCA E VAN BtARICOM Notary Public State of Colorado 3959140 Pages: 3 of' 4 08/26/2013 04:21 PM R Fee:$26.00 Steve Moreno, Clerk and illMir1141�w11iI 'IAtI Recorder, h�7uki IJ�l+llk�11111 roc 0 N 0 6 O a v C, v y to! aa co ac E E °+ m N �y u 0 z s m a w • i t • o N • w v to L .i a I i�:a .5 I v°3 a O F Ma QO.O �" m jr63 VI' '` w 13 .F ° Cl E 9 O e L 2 T. 8 '2 g ,g. m O `; .t h v 2° as ,`'o�'v -3111t2 '3°t0`0 C IL¢L It "� E ltd= ,-0,58° °„ a G w co' a 0i O °t E n c at ti 9 O a °�/ i`Y4 O j o 3 oar E a z I c 2 0 C :2 —' a 0m a° 3„`8 "; 0 dea, -•c C O I iYm9 I� e 3 tg 3 G :,-.1g0 c ° u t 2 f n 2 leg Ie . es A. a m Sao 3a_ 0 0 2 '°at O c p° C is w N �6 t3. mt •t". 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