HomeMy WebLinkAbout20123478.tiff No 3105
WELD COUNTY LARGE-TRACT OIL AND GAS LEASE
Containing 95.44 acres, more or less:
Containing 95.44 net mineral acres, more or less:
THIS LEASE AGREEMENT, dated this 10th day of December , 2012,
made and entered into by and between WELD COUNTY, COLORADO, a political subdivision of the
STATE OF COLORADO, acting by and through the BOARD OF COUNTY COMMISSIONERS OF THE
COUNTY OF WELD, for its respective interests, do BOARD OF COUNTY COMMISSIONERS, 1150 O
STREET, P.O. BOX 758, GREELEY, CO 80632, hereinafter called Lessor, and:
hereinafter called Lessee:
WITNESSETH
WHEREAS, said Lessee has applied to Lessor for an oil and gas lease covering the land herein
described, and has paid a filing fee in the amount of$10.00, plus a bonus consideration of$
per mineral acre, fixed by Lessor as an additional consideration for the granting of this lease, and Lessee
agrees to pay an annual rental of $ 95.44 , computed at the rate of $1.00, per mineral acre or
fraction thereof per year, and the following consideration:
WHEREAS, all the requirements relative to said application have been duly complied with and said
application has been approved and allowed by Lessor;
THEREFORE, in consideration of the agreements herein, on the part of Lessee to be paid, kept and
performed, Lessor does lease exclusively to Lessee for the sole and only purpose of drilling for,
development of and production of oil and gas, or either of them, thereon and therefrom with the right to
own all oil and gas so produced and saved therefrom and not reserved as royalty by Lessor under the
terms of this lease, together with rights-of-way, easements and servitudes for pipelines, telephone and
telegraph lines, tanks and fixtures for producing and caring for such product, and housing and boarding
employees, and any and all rights and privileges necessary for the exploration and operation of said land
for oil and gas, the following described land situated in the County of Weld, State of Colorado, and more
particularly described as follows:
DESCRIPTION OF LAND SECTION TOWNSHIP RANGE
N1/2 NE1/4, NE1/4 NW1/4 27 9N 62W
TO HAVE AND TO HOLD said land, and all the rights and privileges granted hereunder to Lessee
until the hour of twelve o'clock noon on the 10th day of December , 2015, as
primary term, and so long thereafter as oil and gas, or either of them, is produced in paying quantities
from said land or Lessee is diligently engaged in bona fide drilling or reworking operations on said land,
subject to the terms and conditions herein. Drilling or reworking operations shall be deemed to be
diligently performed if there is no delay or cessation thereof for a greater period than sixty consecutive
days unless an extension in writing is granted by Lessor; provided that such drilling or reworking
operations are commenced during said primary term or any extension thereof or while this lease is in
force by reason of production of oil and gas or either of them, or that such reworking is commenced within
sixty days upon cessation of production for the purpose of re-establishing the same, and provided further
M:\CTBWGPENDING\2012\121012\Lease_27-09-62-N2NE4 NE4NW4.doc
(Revised 1/2012)
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Esther Gesick
From: Dionne Erhard [dionne@contexenergy.com]
Sent: Thursday, September 27, 2012 3:56 PM
To: Esther Gesick
Subject: Lands to Nominate
Hi Esther,
Can you please add the following tract to the next oil and gas auction:
Township 9 North, Range 62 West, 6th P.M.
Sec. 27: N2NE, NENW LE-C II(o (75 L It 0((c'S
Please let me know if you need anything else.
Thank you,
Dionne Erhard
Contex Energy Company
621 17th Street, Suite 1020
Denver, CO 80293
303-623-3444, ext. 8
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