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HomeMy WebLinkAbout760004.tiff RESOLUTION RE: AUTHORITY TO SIGN OIL DIVISION ORDER RE: NIELSON ENTER- PRISES, INC. , P. O. BOX 370, CODY, WYOMING 82414, LEASE NO. 803, OIL WELL NO. 154 ON EAST HALF OF THE SOUTHWEST QUARTER OF TOWNSHIP 2 NORTH, RANGE 66 WEST OF THE 6TH P.M. IN WELD COUNTY, COLORADO. WHEREAS, Weld County, Colorado, is the holder of Lease No. 803 with Nielson Enterprises , Inc. , on the East Half of the Southwest Quarter of Section 18 , Township 2 North, Range 66 West of the 6th P.M. , Weld County, Colorado, and WHEREAS, Nielson Enterprises, Inc. , has submitted an Oil and Gas Division Order on the subject property. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that they do hereby execute the Oil and Gas Division Order as submitted by Nielson Enterprises, Inc. The above and foregoing Resolution was , on motion duly made and seconded, adopted by the following vote on the 8th day of December, A.D. , 1976. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO �/ A —77 / l '� l c ATTEST: 11 1 iti-`e . r &arC2l�n9 Weld County Clerk and Recorder and' .Clerk to the Board By Deputy -County`Clerk APP VED AS TOFF C -''N-71d- 4,-- -;"----,() e----Ce-ed\. County Attorney `/ yN , v _ _ DIVISION ORDER Well No.. : 154 TO: Lease No. : 803 Nielson Enterprises Inc. Issued: November 26, 1976 Post Office Box 370 Cody, Wyoming 82414 Effective: Date of first sales We, the undersigned, and each of us, hereby certify and warrant that we arc the legal owners in the proportions set out below of the proceeds derived from the sale of oil, natural gas, casinghead gas and other gaseous or vaporous substances (including condensate or distillate) produced from the Highland #1 located in the County of Weld , State of Colorado , described as follows: _ Township 2 North, Range 66 West " Section 18: E/2 SW/4 You are hereby authorized to deliver and sell said' oil and gas on the terms hereinafter stated, and until further notice, to credit the purchase price thereof, as follows: • DIVISION AND KIND OF MAILING ADDRESS AND CREDIT TO INTEREST TAXPAYER ACCT. NO. 71 _ C ...:...,. of [_+, The division of interest e'.j ( '.1[J. . !: vrt Sty :c l s .'_ . applying to this division C (Vendor No. 92935) order is set out in Sup- I. n, 1:... ?•4- ul+"t3 plemental Schedule "A" co attached attached hereto and made " "`Xv a part hereof. • INSTRUCTIONS FOR SIGNING: Sign in ink exactly as your name appears above and have your signature witnessed. If executing on behalf of a corporation, indicate your official title and impress the corporate seal, attested by the secretary or assistant • secretary. If more than one copy of the order is submitted, it is not necessary for all parties to sign all copies, but same may be signed in counterpart. Be sure to furnish your mailing address, including Post Office box number or complete street address. FEDERAL LAW REQUIRES IDENTIFICATION NUMBERS AS FOLLOWS: FOR INDIVIDUALS--SOCIAL SECURITY NUMBER OR ACCOUNT NUMBER; FOR BUSINESS--EMPLOYER ACCOUNT NUMBER. Attest or Witness to Signatures Signature of Interest Owner ATTEST: ‘"V7 THE, NTV OF M EI,D STATE OF COLO. 1-'y' ge/ef,„ County Clerk an&Recorder and Clerk to the Board CAA. . ' County Cl rk • - 1 (1) Crude oil and gas delivered and sold from the above-described lease shall be paid for upon your receipt of proceeds from the sale thereof (less any tax which you may be required to pay with respect to such oil or gas or the proceeds there- of) by check mailed to us at our respective addresses during the next following month. (2) The delivery and sale of gas from the hereinabove described land is subject to all the terms of the gas purchase or sales agreement(s) and any amend- ments, modifications or supplements thereto under which delivery and sale of gas is being made. .The purchase price of said gas shall be the price designated therefor in said agreement(s) (or average price if more than one), subject, however, to all ap- plicable laws; rules and regulations of any governmental authority having jurisdiction or purporting to have jurisdiction. The price to be paid for any oil, distillate or con • - densate produced with gas shall be the net amount realized from the sale thereof. (3) In the event of a question or dispute at any time concerning title to the property or as to the right of any party claiming hereunder to receive payment for the oil or gas, you may withhold the proceeds of the oil or gas from the interest so affected without interest until indemnity satisfactory to you has been furnished or the question or dispute determined. If suit is filed affecting the interest of any of the undersigned, the party or parties affected agrees to indemnify you against loss or damage by reason of any judgment rendered therein, and to reimburse you for expenses necessarily in- curred by you in connection therewith. (4) You are hereby relieved of any responsibility for determining the amount payable when any of the above interests shall increase, diminish, be extinguished or revert to any other parties as a result of the completion or discharge of money or other payments from said interests, or as a result of the increase or decrease in production or any other contingency until notice in writing thereof shall have been received by you at Cody, Wyoming. (5) You shall not be bound by any sale or assignment of any interest in said oil and gas or proceeds thereof until you have been furnished with a certified or photo- static copy of the recorded instrument evidencing such conveyance or assignment, to- ether with your regular Transfer Order properly signed by Transferor and Transferee, it being understood that any such vendee or assignee shall take such interest subject to the terms hereof, and that any such Transfer Order shall take effect as of the first day of a calendar month. (6) This Division Order shall become valid and binding on each interest owner as soon as signed by him or her, whether or not any other of the interest owners have so signed. The rights granted hereunder to you may be assigned to a successor of any part or all of your property and business. Notice of the termination of .this Division Order by any interest owner shall be given to you at least thirty (30) days prior to the effective date of such termination. No termination by any one or more interest owner shall affect this order as to the other interest owners. (7) The oil and gas lease or leases, together with any amendments thereto or modifications thereof, under which the oil and/or gas are produced and the gas purchase contracts as ratified, supplemented or amended, under which the gas is sold are hereby ratified, adopted and approved. (8) If the proceeds accruing to any interest hereunder should amount to less than five dollars (S5. 00) per month, you are hereby authorized to make payment for such accruals on an annual basis, such payment to be made during the month of Dec- ember of each year for such amount as may have accrued hereunder up to 7:00 o'clock a. m. on the 1st day of November of such year. (9) If any royalty interest hereunder shall become subdivided, you shall have the right to require the written designation of a common agent to. receive payment for the several holders of the subdivided portions thereof and you shall not be required to make payment for the subdivided interests until such designation is furnished. 2 - -r • Schedule "A" Well No. 154 (Highland ) Page 3 DIVISION ORDER SUPPLEMENT CREDIT TO DIVISION AND KIND OF MAILING ADDRESS AND INTEREST TAXPAYER ACCT. NO. Weld County, Colorado . 00225 RI % Weld County Court House (Vendor No. 92935) Greeley, Colorado 80631 (1/8 of 1. 44/80) I. D. No. 84-6000813 Energy Minerals Corporation . 00090 ORI 1630 Denver Club Building . (Vendor No. 23887) Denver, Colorado 80202 (5% of 1. 44/80) I. D. No. 84-0596239 Nielson Enterprises Inc. . 01485 WI P. O. Box 370 (Vendor No. 60683) Cody, Wyoming 82414 (82-1/2% of 1. 44/80) I. I). No. 83-0198390 TM Other Owners . 98200 RI & WI __ (Balancing Factor) (100% of 78. 56/80) • • • • • WI - Working Interest; RI - Royalty Interest; ORI - Overriding Royalty Interest; OP - Production Payment. • Hello