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WELD COUNTY LARGE-TRACT OIL AND GAS LEASE
Containing 80 0 acres,more or less
Containing 80 0 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$ 80 00 ,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
W1/2 SE1/4 15 10N 57W
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
2012-2275
M\CTB\AGPENDING\2012\031412\Lease_15-10-57-W2SE4 doc
(Revised 1/2012)
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REQUEST TO BID ***lease #7 has been omitted. . .see below****
AUGUST 2N°, 2012 ***Fax this request to bid to 970-336-7226
BID REQUEST NO. B1200120 % Purchasing/Marcia Walters or email it to
RE: OIL AND GAS LEASES mwaltersAco.weld.co.us.***
Weld County, Colorado will receive sealed bids for the gas and oil leases on the parcels shown below until :
Monday, August 27th, 2012 (off 8:30 a.m. in the office of the Weld County Purchasing Department, 1150 "O"
Street Room #107, Greeley CO 80631 **Notice-Purchasing 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'/4 NE%) 2 10N 59W 40.32
2. ( ) NW% 5 8N 63W 148.00
3. ( ) SE% 5 8N 63W 160.00
4. ( ) SW'/4W1/2NE'/4 5 8N 63W 234.72
5. ( ) NE'/4 5 9N 59W 160.00
6. ( ) S% NE'/4 (south 50 ft 6 8N 59W 123.00
of N1/2 NE'/4, SEA, NW'/4, west 20 ft
and south 50 ft of NE% NW%)
7. ( ) S% 8 8N 59W 320.00
8. ( ) NE'/4 8 8N 60W 160.00
9. ( ) E'/2NW'/4 8 8N 60W 80.00
10. ( ) S'/2NW%4, NE'/4SW1/4, 13 4N 61W 160.00
SW'/4N E'/4
11 . ( ) SW% 15 8N 60W 160.00
12. ( ) W1/2 SE% 15 10N 57W 80.00
13. ( ) S'%NE'/4 15 10N 57W 80.00
14. ( ) NE% 17 8N 60W 160.00
15. ( ) NW'/4 20 8N 60W 160.00
16. ( ) W1/2 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'/4 30 9N 60W 80.00
20. ( ) LOTS 3 & 4, E% SW1/4 31 9N 60W 160.00
21 . ( ) NE% 31 9N 60W 160.00
22. ( ) NE% NW% 34 5N 63W 40.00
Please fill this request to bid form out and send back to the Weld County Purchasing Department. Our fax
number is 970-336-7226, email is : mwalters o@co.weld.co.us, or reverettAco.weld.co.us and our mailing
address is Weld County Purchasing, 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
Purchasing. 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 - W1 /2 SE/4, S15,
T10N, R57W
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 80. 0 net mineral acres, more or less,
described to-wit:
W1 /2 SE1 /4 of Section 15, Township 10 North ,
Range 57 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 .
2012-0719
LE0197
OIL AND GAS LEASE - W1 /2 SE1 /4 , S15 , T10N , R57W
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, C LORADO
ATTES
Sean . Conway, Chair
Weld County Clerk tot and
William F. Garcia , Pro-Tern
BY:
Deputy Clerk to the Board
Barbara • meyer
APPROVED AS TO FOR .
David E . Long
County Atto ey
Douglas Rademacher
Date of signature:
2012-0719
LE0197
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