HomeMy WebLinkAbout20121405.tiff Winn INF MINFRAI q INI_
518 SEVENTEENTH STREET,SUITE 1050
DENVER,CO 80202 May 17, 2012
PH:303.534.3028 EAN:303.534.3142
www.baselineminerals.com
Board of County Commissioners of the County of Weld
1150 O Street
P.O. Box 758
Greeley, Colorado 80632ri
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Re: Consent to Assign Weld County Lease m — v)-
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Weld County Commissioners: rn
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Baseline Minerals, Inc. ("Baseline") recently attended the March 14, 2012 lease sale arsii)acquired a
particular Oil and Gas Lease from Weld County, a political subdivision of the State of Colorado, acting by and
through the Board of County Commissioners of the County of Weld ("Weld County"), which incorrectly
described the total gross and net mineral acreage as well as the annual rental amount. Baseline has executed
a correction to the particular Oil and Gas Lease which is more fully described on Exhibit "A" attached and made
a part hereof and referred herein as the ("Corrected Lease"). Pursuant to paragraph 9 (A) of the Corrected
Lease, Baseline requests the consent of Weld County to assign all of its right, title and interest in and to the
Corrected Lease to Noble Energy, Inc., whose address is 1625 Broadway, Suite 2200, Denver, CO 80202.
Subject to and upon the written approval of Weld County giving consent for Baseline to assign the Corrected
Lease, Baseline hereby gives notice to Weld County that it will prepare and execute an Assignment covering
the Corrected Lease to Noble Energy, Inc. Pursuant to paragraph 9(C) of the Corrected Lease, please advise
Baseline once relieved of its obligations and performance of any terms or conditions thereof.
Under the terms of the Corrected Lease you may have the right to consent to the transfer of the
Leases to Noble Energy, Inc. Please find the enclosed check in the amount of Twenty-Five dollars 00/100
($25.00) for the authorization fee as referenced in paragraph 9 (A)of the lease.
Please execute the enclosed copy of this letter in the space provided below to indicate your written
approval and consent to the assignment and transfer of the Corrected Lease to Noble Energy, Inc. under the
conditions provided in the Corrected Lease. At your earliest convenience please return an executed copy of
this letter to the attention of Kara Zeeb, Baseline Minerals, Inc., 518 17th Street, Suite 1050, Denver, CO 80202.
We appreciate your consideration and approval of this assignment.
Sincerely, The Board of County Commissioners of the
County of Weld hereby approves and consents to
Baseli Minerals, Inc. the Assignment and transfer of the Corrected Lease to
Noble Energy, Inc.at the meeting of the Board of The
By: ttl cdJ1'- County of Weld held onane 4 , 2012.
Na : Si-at" i 010 TO By:
Title: f,.,.,� Name: Sean P.Conway
/ ' Title: Chair, Board of Weld County Commissioners
0 non Jn 2012-1405
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EXHIBIT "A"
Attached hereto and made a part hereof that certain letter of consent dated May 17, 2012, between
Baseline Minerals, Inc., and the Board of County Commissioners of the County of Weld
Lessor: Weld County, a political subdivision of the State of Colorado, acting by and through the Board
of County Commissioners of the County of Weld
Lessee: Baseline Minerals, Inc.
Lease Date: May 21,2012
Effective Date:March 14, 2012
Expiration: March 14, 2015
Description: Township 7 North, Range 63 West, 6th P.M.
Section 1: E/2NE/4, NW/4NE/4
Containing 120.23 acres, more or less
o RECEIPT DATE 5---c2/—/a. NO. 86432
o NI RECEIVED FROM t2 -Mine 1C.
U o o o ADDRESS
c• m O /Lti' 41, w°Dwo - —$c:7-51 612
R• o xo FOR ey- �F e. Zlie -hinti.d �EA,tiE9 4 Atittu ' .5/ 77N 1463w)
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a 2 HOW PAID -4309/9 LED 2?2
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�o((() CASH ii C.O la CHECK jgc r BY C
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:ORDER
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