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Home My WebLink About20122265.tiff NO Sias WELD COUNTY LARGE-TRACT OIL AND GAS LEASE Containing 40. 32 acres, more or less: Containing 40. 32 net mineral acres, more or less: THIS LEASE AGREEMENT, dated this 27th day of August, 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, c/o 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 $ 40. 32 , 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 LOT1 ( NE1 /4 NE1 /4) 2 10N 59W 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 27th day of August, 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 that such production is 2012-2265 M:\CTBWGPENDING\2012\031412\Lease_02-10-59-LOT1 NE4 NE4 .doc (Revised 1 /2012) LE at 5(o Q) �•C) T 2 ti al ii ii a O F F O . 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B1200120 % Purchasinq/Marcia Walters or email it to RE: OIL AND GAS LEASES mwaltersco.weld.co.us.*" Weld County, Colorado will receive sealed bids for the gas and oil leases on the parcels shown below until : Monday, August 271h, 2012 AA. 8:30 a.m. in the office of the Weld County Purchasinq Department, 1150 "O" Street Room #107, Greeley CO 80631 **Notice-Purchasinq has moved to the Weld County North Business Park**. The opening of the sealed bids and an auction will be held in the Weld County Public Board Meeting shortly after 9:00 a.m. on the same day. (in the same building) DESCRIPTION OF LAND SECTION TOWNSHIP RANGE ACRES 1 . ( ) Lot 1 (NE% NE %) 2 10N 59W 40.32 2. ( ) NW% 5 8N 63W 148.00 3. ( ) SE% 5 8N 63W 160.00 4. ( ) SW% W'/2 NE% 5 8N 63W 234.72 5. ( ) NE% 5 9N 59W 160.00 6. ( ) S'/2 NE% (south 50 ft 6 8N 59W 123.00 of N% NE'/4, SE'/4, NW%, west 20 ft and south 50 ft of NE% NW' ) 7. ( ) S'/2 8 8N 59W 320.00 8. ( ) NE% 8 8N 60W 160.00 9. ( ) E%NW'% 8 8N 60W 80.00 10. ( ) S'%NW'A, NE'/4SW'A, 13 4N 61W 160.00 SW'/4NE% 11 . ( ) SW% 15 8N 60W 160.00 12. ( ) W'/2 SE% 15 10N 57W 80.00 13. ( ) S'%NE'A 15 10N 57W 80.00 14. ( ) NE% 17 8N 60W 160.00 15. ( ) NW'/4 20 8N 60W 160.00 16. ( ) W% SE% 20 9N 60W 80.00 17. ( ) S'/2 SE% 21 9N 60W 80.00 18. ( ) S'/2 27 9N 60W 320.00 19. ( ) SE% 30 9N 60W 80.00 20. ( ) LOTS 3 & 4, E'/2 SW% 31 9N 60W 160.00 21 . ( ) NE% 31 9N 60W 160.00 22. ( ) NE% NW'/4 34 5N 63W 40.00 Please fill this request to bid form out and send back to the Weld County Purchasinq Department. Our fax number is 970-336-7226, email is : mwalters@co.weld.co.us, or reverettAco.weld.co.us and our mailing address is Weld County Purchasinq, 1150 "O" Street, Room #107. Greeley CO 80631 . This lets us know what companies/persons are interested in bidding on the leases stated in the bid documents. Please mark the ( ) [Example (X)1 of the parcel/parcels that you are going to bid on, then fax or email your form back to Purchasinq. Please call 970-356-4000 x4223 if you have any questions. RESOLUTION RE: ACTION OF THE BOARD CONCERNING OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - LOT1 (NE1 /4 NE1 /4), S2, T10N, R59W WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County, Colorado, is the owner of vast acres of mineral lands located in Weld County, Colorado, and WHEREAS, the Department of Purchasing was authorized to solicit bids for lease of a portion of said mineral acres not currently leased , and WHEREAS, no bids were received to lease 40. 32 net mineral acres, more or less, described to-wit: Lot 1 (NE1 /4 NE1 /4) of Section 2, Township 10 North , Range 59 West of the 6th P. M . , Weld County, Colorado WHEREAS, the Board deems it advisable to dismiss the matter and re-bid the parcel. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the bid nomination be, and hereby is, dismissed . BE IT FURTHER RESOLVED by the Board that the above described parcel be re-bid. 2012-0703 LE0156 OIL AND GAS LEASE - LOT1 (NE1 /4 NE1 /4) , S2 , T10N , R59W PAGE 2 The above and foregoing Resolution was , on motion duly made and seconded , adopted by the following vote on the 14th day of March , A. D. , 2012 . BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLO O ATTES . Sean P . Conw , Chair Weld County Clerk the Board Willia . Garcia , Pro-Tem BY: Deputy Clerk to the Board Barbara Kirkmeyer APPROVED AS TO FORM : David Long County Attorney Douglas Rademac r Date of signature : 2012-0703 LE0156 Hello