HomeMy WebLinkAbout20121397.tiff NAQOA Model Form Division Order(Adopted 9/95)
OIL & GAS DIVISION ORDER
Property Number: 0432.02.1 Date Prepared: 5/22/2012
Property Name: Weld County C#2 Effective Date: 6/1/2002
Operator: K.P. Kauffman Company Inc.
County/State: Weld, CO
Property Description: Township: 002-N Range: 067-W Section: 26 Qtr/Qtr: SENE
Production: Oil_X_Gas_X_Other
Owner Name: Weld County Owner Number: 01716
Address: Board Of County Commissioners Type of Interest: OTH1
P.O. Box 758
Greeley, CO 80632-0758
Phone#: Interest: 0.12500000
The undersigned certifies the ownership of their decimal in production or proceeds as described above payable by K.P.
Kauffman Company, Inc.
Payor shall be notified, in writing, of any change in ownership, decimal interest, or payment address. All such changes
shall be effective the first day of the month following receipt of such notice.
Payor is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the
interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Payor any
amount attributable to an interest to which the undersigned is not entitled.
Payor may accrue proceeds until the total amount equals $ 100.00, or pay once a year, whichever occurs first, or as
required by applicable state statute.
This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or
operator or any other contracts for the purchase of oil or gas.
In addition to the terms and conditions of this Division Order, the undersigned and Payor may have certain statutory rights
under the laws of the state in which the property is located.
Special Clauses: None
Owner(s) Signature: ,----fl
Sean P. Conway, Chair c� _
JUN 042012
Owner(s) Tax ID/SS No.: 84-6000-813
Owner(s) Daytime Telephone No: 970-336-7204
Owner(s) FAX Telephone No.: 970-352-0242
Federal Law requires you to furnish your Social Security or Taxpayor identification Number.
Failure to comply will result in 28%tax withholding and will not be refundable by Payor
LC oV IC P.i uuf Ckyv t
�� ��' �a COPY FOR YOU, &C/&-/327
1 % INFORMATION papn
COUNTY ATTORNEY STAFF APPROVAL
This is to affirm the attached Division Order and Authorization to
Receive Payment for an Oil and Gas Well has been reviewed by the
County Attorney's staff as to form, legal description, and percentage
of royalties, if applicable.
43Y:
" CouKty Attorney
DATE: &C- /2
K.P. KAUFFMAN COMPANY, INC.
WORLD TRADE CENTER y
1675 BROADWAY,28TH FLOOR WELD COUNTY
DENVER.COLORADO 80202-4628 COMMf SIGNERS
TELEPHONE(303)825-4822 1U11 MAY 2 A 1� 21
FACSIMILE(303)825-4825
www.kpk.com
May 24,2012 RECEIVED
Clerk to the Board of Weld County Commissioners
Attn: Esther Gesick
P.O. Box 758
Greeley, Colorado 80632
RE: Weld County Royalty Interest in K.P. Kauffman Company, Inc. Operated Wells
Dear Ms. Gesick:
K.P. Kauffman Company, Inc. (KPK) operates several oil and gas wells in Weld County in
which the Board of County Commissioners owns a royalty interest. A recent audit of our
suspended royalty accounts revealed several wells in which the payment of oil and gas revenues
to the County has been suspended. In November 2011 KPK converted its accounting and
division order software to a new system which resulted in suspending certain royalty owners in
error. In addition, the conversion uncovered several accounts in non-payment status that we are
actively analyzing and attempting to put back into payment status.
KPK records indicate that Weld County owns a royalty interest in the following wells, which
have been suspended as indicated below:
Well Name Royalty Interest Date of Suspense Total Royalty Suspended
McGill#1: 5.942530% 12/2011 $1,796.44 •t E oc„L +
Elton E. Miller#1 0.284375% 2002 See total below LE cL ci
Firestone A#1 0.616120% 2002 See total below t_. E. ;3_)
Firestone B #1 7.849750% 2002 See total below `,
Firestone C #1 5.771540% 2002 See total below L
Firestone D #1 0.792860% 2002 See total below / E
• Firestone Unit A#1 2.126610% 2002 See total below
Frederick Unit B #1 1.117910% 2002 See total below
Frederick Unit C #1 0.528810% 2002 See total below
• Frederick Unit D #1 0.425890 2002 See total below
K.P.KAUFFMAN COMPANY,INC.
Weld County B Unit#1 11.773430% 2002 See total below L L"c4-1
Weld County Unit B#2 11.773430% 2002 See total below i.e -7
Weld County C#1 12.50% 2002 See total below L e"'7
Weld County C#2 12.50% 2002 See total below LE
Wooley Unit#1 0.082810% 2002 See total below L E ^90
Total suspended for above 14 wells: $124,111.64
Add suspended royalty for McGill: $1,796.44
Total Suspended RI for County: $125,908.08
KPK is prepared to release the total of$125,908.08 in suspended funds to the County upon
receipt of County signatures to the 15 updated division orders enclosed. Please do not hesitate to
contact me with any questions or comments you may have.Upon receipt of 15 executed division
orders KPK will release all suspended funds to the County.
S. e ,
/
r
Kelsey Wasyle,p
Corporate Co s 1
Hello