HomeMy WebLinkAbout20100650.tiff RESOLUTION
RE: AUTHORIZE OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY
WELD COUNTY, COLORADO, AND AUTHORIZE CHAIR TO SIGN - S2N2, SW4,
SW4SE4, S25, T1 ON, R61W
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, Hannon and Associates, Inc., 1615 California Street, Suite 623, Denver,
Colorado 80202; submitted the high bid to lease 360 net mineral acres, more or less, described
to-wit:
S1/2N1/2, SW114, SW1/4SE1/4, Section 25,
Township 10 North, Range 61 West of the 6th P.M.,
Weld County, Colorado
WHEREAS, Weld County desires to accept the high bid offer submitted by Hannon and
Associates, Inc.,to lease the above described mineral acreage for$305.00 per net mineral acre,for
a total sum of $109,800.00, together with an annual rental fee of ONE DOLLAR ($1.00) per net
mineral acre,which lease is to run for a period of three(3)years, commencing March 31, 2010,and
ending at 12:00 noon on March 31, 2013, unless otherwise held, as stated in the lease agreement
which is attached hereto and incorporated herein by reference.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the high bid offer of Hannon and Associates, Inc., be, and hereby is,
accepted for a period of three (3) years.
BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to
sign said lease.
2010-0650
LE0263
de.'f�44/04 bars) 103f /
OIL AND GAS LEASE - S1/2N1/2, SW1/4, SW1/4SE1/4, S25, T10N, R61W
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted by
the following vote on the 31st day of March, A.D., 2010.
BOARD OF COUNTY COMMISSIONERS
,WELD COUNTY, J
COLORADO
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Weld County Clerk to the : -r. ( ar
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�'' ��``=a .ara Kirkmeyer, PYo-Tem
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BY:
Depot 4 lerkt. e ::ard
Sean C ,
APPROV AS 4
--' Wil • m . G is
C ty orney J F cDC,A
David E. Long
Date of signature: Li/7 //D '
2010-0650
LE0263
957 WELD COUNTY OIL AND GAS LEASE
Containing 360.0 acres, more or less:
Containing 360.0 net mineral acres, more or less:
THIS LEASE AGREEMENT, dated this 31st day of March, 2010, 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, do BOARD OF
COUNTY COMMISSIONERS, 915 10TH STREET, P.O. BOX 758, GREELEY, CO 80632, hereinafter called
Lessor, and:
Hannon &Associates, Inc.
1615 California Street
Suite 623
Denver, Colorado 80202
hereinafter called Lessee:
WITNESSETH 3051.E
WHEREAS, said Lessee has applied to Lessor for an oil and gas lease coverin 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
$360.00, 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
S1/2N1/2, SW1/4, SW1/4SE1/4 25 10N 61W
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 31st day of March, 2013, 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
commenced during such primary term or any extension thereof, or while this lease is in force by reason of such
drilling or reworking operations or other production.
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EXPLORATION - Lessor reserves the right to conduct exploration on the leased land provided such
exploration does not interfere with rights granted herein.
In consideration of the premises, the parties covenant and agree as follows:
1. RENTAL- If this lease is extended for an additional term as provided for in the EXTENSION paragraph
hereof, Lessee shall pay to Lessor the sum of One Dollar($1.00) per acre for the land covered hereby as
delayed rental for the term of the extension. Rentals set at the time of established production shall be paid
during the remaining life of this lease, annually, in advance, on or before each anniversary date hereof.
There shall be no refund of unused rental.
2. ROYALTY- Lessee shall account for any and all substances produced on the leased land and Lessee shall
pay to Lessor as royalty, in addition to the rentals provided, but except for products used on the leased land,
unavoidably lost or flared on the leased land, with approval of Lessor, the following:
A. On oil, 20% of the oil produced and saved from the leased land.
At the option of Lessor, and with sixty (60) days' notice to Lessee, Lessor may take its royalty oil in kind, in which
event Lessee shall deliver such royalty oil to Lessor on the leased land, free of cost or deduction, into the pipelines
or storage tanks designated by Lessor, but Lessee shall not in such case be required to provide free tankage for any
such oil for a longer period than one month after the same is run into tanks. With sixty(60) days' notice to Lessee,
Lessor may cease taking oil royalty in kind. When paid in cash, the royalty shall be calculated upon the fair market
value of the oil at the well which shall not be deemed to be less than the price actually paid to Lessee at the well by
the purchaser thereof; and in no event shall the royalties be based upon a market value at the well less than the
posted price in the field for such oil, or in the absence of a posted price in the field for such oil, upon a market value
at the well less than the prevailing price received by other producers in the field for oil of like grade and gravity at the
time such oil is run into pipelines or storage tanks.
B. On gas, including casing head gas or other gaseous substance, 20% of the fair market value at the well or
of the price received by Lessee at the well, whichever is greater, of all gas produced and sold from the leased land
or utilized off the land by Lessee. A copy of all contracts for sale of gas shall be furnished to Lessor. Where gas is
sold under contract that has been approved by Lessor, the fair market value of such gas for determining the royalties
payable hereunder shall be the price at which such gas is sold under such contract. No approval by Lessor of the
terms of any such agreement shall operate to make Lessor a party thereto or obligate it thereunder in any way. At
the option of Lessor, and with sixty (60) days' notice to Lessee, Lessor may take its royalty in kind. With sixty (60)
days' notice to Lessee, Lessor may cease taking gas royalty in kind.
C. All costs of marketing the oil and/or gas produced shall be borne by Lessee and such costs shall not directly or
indirectly reduce the royalty payments to Lessor. Except that marketing costs for Lessor's in-kind royalty shall be
borne by Lessor.
D. If Lessor owns a lesser interest in the oil and gas deposits of the above-described land than the entire and
undivided fee simple estate, then the royalties and rentals herein provided shall be paid to Lessor only in the portion
which its interest bears to the whole and undivided fee, but no refund of any bonus consideration shall be made by
Lessor hereunder.
3. RECORDS - Lessee agrees to keep and to have in possession complete and accurate books and records
showing the production and disposition of any and all substances produced on the leased land and to permit Lessor,
at all reasonable hours, to examine the same, or to furnish copies of same to Lessor upon request along with
purchaser's support documentation. Lessor will not be unreasonable with requests. All said books and records
shall be retained by Lessee and made available in Colorado to Lessor for a period of not less than five years.
4. MEASUREMENTS-All production shall be accurately measured using standards established by the American
Gas Association (AGA) and/or the American Petroleum Institute (API) and all measuring devices shall be tamper
proof as nearly as possible. Oil royalties due within the terms of this lease shall be calculated on actual and
accurate measurements within API standards unless a different means of measurement, subject to Lessor's
approval, is provided.
5. PAYMENTS AND REPORTS -All payments and reports due hereunder shall be made on or before the day such
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payments and reports are due. Nothing in this paragraph shall be construed to extend the expiration of the primary
term hereof.
Oil royalty payments and supporting documents shall be submitted prior to the last day of the month following each
month's sale of production, and gas royalty payments and supporting documents shall be submitted prior to the last
day of the second month following each month's sale of production.
All payments shall be made by cash, check, certified check, or money order. Payment having restrictions,
qualifications, or encumbrances of any kind whatsoever shall not be accepted by Lessor. A penalty for a late
payment shall be charged as set forth in the PENALTIES paragraph herein.
6. PENALTIES-A penalty shall be imposed for, but not limited to late payments, improper payments, operational
deficiencies, violation of any covenant of this lease, or false statements made to Lessor. Penalties shall be
determined by Lessor unless otherwise provided for by law and may be in the form of, but not limited to, interest,
fees, fines, and/or lease cancellation. A penalty schedule shall be prepared by Lessor and shall become effective
immediately after public notice. Said schedule may be changed from time to time after public notice.
7. LAW-The terms and conditions of this lease shall be performed and exercised subject to all laws, rules,
regulations, orders, local ordinances or resolutions applicable to and binding upon the administration of lands and
minerals owned by the County of Weld, and to laws, rules and regulations governing oil and gas operations in
Colorado. Violations shall result in penalties as provided for by law or as set forth in the aforementioned schedule
or shall, at the option of Lessor, result in default as provided hereinafter.
8. SURRENDER- Lessee may at any time, by paying to Lessor all amounts then due as provided herein, surrender
this lease insofar as the same covers all or any portion of the land herein leased and be relieved from further
obligations or liability hereunder with respect to the land so surrendered; provided that no partial surrender or
cancellation of this lease shall be for less than contiguous tracts of approximately forty (40)acres or Governmental
lot corresponding to a quarter-quarter section; provided further that this surrender clause and the option herein
reserved to Lessee shall cease and become absolutely inoperative immediately and concurrently with the institution
of any suit in any court of law by Lessee, Lessor or any assignee of either to enforce this lease, or any of its terms
expressed or implied. In no case shall any surrender be effective until Lessee shall have made full provision for
conservation of the leased products and protection of the surface rights of the leased land.
9. ASSIGNMENTS -
A. Lessee, with prior written consent of Lessor, shall have the right to assign the entire leasehold interest of said
Lessee in all or part of the land covered hereby, but not less, however, than contiguous tracts of approximately forty
(40) acres or Governmental lot corresponding to a quarter-quarter section for any partial assignment, and for
approval of such assignment Lessor shall make an assignment charge in an amount to be determined by Lessor.
Prior to written approval by Lessor of assignment of this lease, Lessee (assignor) shall not be relieved of its
obligations under the terms and conditions herein. An assignment shall not extend the term of this lease.
B. If any assignment of a portion of the land covered hereby shall be approved, a new lease shall be issued to the
assignee covering the assigned land, containing the same terms and conditions as this lease, and limited as to term
as this lease is limited, and the assignor shall be released and discharged from all further obligations and liabilities
as to that portion so assigned.
C. Lessee shall notify Lessor of all assignments of undivided percentage or other interests. Said interests will not
be recognized or approved by Lessor, and the effect of any such assignments will be strictly and only between the
parties thereto, and outside the terms of this lease: and no dispute between parties to any such assignment shall
operate to relieve Lessee from performance of any terms or conditions hereof or to postpone the time therefore.
Lessor shall at all times be entitled to look solely to Lessee or his assignee shown on its books as being the sole
owner hereof, and for the sending of all notices required by this lease and for the performance of all terms and
conditions hereof.
D. Although not binding on Lessor, all instruments of every kind and nature whatsoever affecting this lease should
be filed with the Lessor.
10. OVERRIDING ROYALTY-Any and all reservations or assignments or overriding royalties shall be subject to
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approval by Lessor. The total of said overriding royalties shall not exceed five percent(5%), including any
overriding royalty previously provided for unless production exceeds a monthly average of fifteen (15) barrels per
day or ninety thousand cubic feet of gas per day (90 MCF/D). In the event production drops to this amount or less,
any overriding royalties which exceed five percent(5%) may be suspended. Lessor's approval of a reservation or
assignment of an overriding royalty shall not bind Lessor for payment of said overriding royalty and shall not relieve
Lessee of any of its obligations for payment of royalties to Lessor as provided by ROYALTY paragraphs herein.
11. OFFSET WELLS - Lessee agrees to protect the leased land from drainage by offset wells located on
adjoining lands not owned by Lessor, when such drainage is not compensated for by counter-drainage. It shall be
presumed that the production of oil and gas from offset wells results in drainage from the leased land, unless Lessee
demonstrates to Lessor's satisfaction, by engineering, geological, or other data, that production from such offset well
does not result in such drainage, or that the drilling of a well or wells on the leased land would not accomplish the
purposes of protecting the deposits under the leased land. Lessor's decision as to the existence of such drainage
shall be final, and Lessee shall comply with Lessor's order thereon or surrender this lease as to any such
undeveloped acreage as designated by Lessor.
12. DEVELOPMENT- Upon discovery of oil and gas or either of them on the leased land, Lessee shall proceed
with reasonable diligence to develop said land at a rate and to an extent commensurate with the economic
development of the field in which the leased land lies.
13. POOLING CLAUSE - Lessee may at any time or times pool any part or all of said land or lease or any
stratum or strata with other lands and leases, stratum or strata, in the same field so as to constitute a spacing unit to
facilitate an orderly or uniform well-spacing pattern or to comply with any order, rule, or regulation of the State or
Federal regulatory or conservation agency having jurisdiction. Such pooling shall be accomplished or terminated by
filing of record a declaration of pooling, or declaration of termination of pooling, and by mailing or tendering a copy to
Lessor, or to the depository bank. Drilling or reworking operations upon or production from any part of such spacing
unit shall be considered for all purposes of this lease as operations or productions from this lease. Lessee shall
allocate to this lease the proportionate share of production which the acreage in this lease included in any such
spacing unit bears to the total acreage in said spacing unit.
14. UNITIZATION -COMMUNITIZATION - In the event Lessor permits the land herein leased to be included
within a communitization or unitization agreement, the terms of this lease may be deemed to be modified to conform
to such agreement. When only a portion of the land under this lease is
committed by an agreement, Lessor may segregate the land and issue a separate lease for each portion not
committed thereunder; the term of such separate lease shall be limited as to the original term of this lease. The
terms of the lease on that portion remaining in the unit shall be deemed to be modified to conform to such
agreement. Non-producing leases shall terminate on the first anniversary date of the lease following the termination
date of the unit or part thereof modifying the lease, but in no event prior to the end of the primary term of the lease or
the extension term of the lease.
15. PRODUCTION - Lessee shall, subject to applicable laws, regulations and orders, operate and produce all
wells upon the leased land so long as the same are capable of producing in paying quantities, and shall operate the
same so as to produce at a rate commensurate with the rate of production of wells on adjoining lands within the
same field and within the limits of good engineering practice, except for such times as there exist neither market nor
storage therefore, and except for such limitations on or suspensions of production as may be approved in writing by
Lessor. Lessee shall be responsible for adequate site security on all producing properties.
16. SHUT-IN WELLS - If Lessee shall complete a well on the leased land productive of gas and Lessee is
unable to produce such gas due to a lack of suitable market therefore, Lessor may grant Lessee suspension of his
obligations to produce hereunder until a suitable market for such gas can be found, and during any such suspension
period, it shall be deemed that gas is being produced hereunder in paying quantities. Except, however, that
beginning on the anniversary date next, of the year of an extension of the lease by reason of a shut-in well, Lessee
shall pay to Lessor a shut-in royalty equal to $2.00 per acre of the lease per annum in addition to the annual rental.
The minimum amount of such shut-in royalty payment shall be $240. Each year's shut-in royalty shall be forfeited to
Lessor except for the shut-in royalty paid for the year during which the well begins production. The maximum
extension of the lease, due to the existence of a shut-in well, shall be five years beyond the extension term as
described in the EXTENSION paragraph herein. The granting of any further extensions shall be at the sole option
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17. OPERATIONS - No exploration, drilling or production operation, including permanent installations, shall be
within 200 feet of any existing building or other improvement, including water well or reservoir, without the written
permission of the owner of said improvements. Lessee shall keep a correct log of each well drilled hereunder,
showing by name or description the formations passed through, the depth at which each formation was reached, the
number of feet of each size casing set in each well, where set, and the total depth of each well drilled. Lessee,
within thirty(30) days after the completion or abandonment of any well drilled hereunder, shall file in the office of
Lessor a complete and correct log of such well, together with a copy of the electric log and the radioactivity log of the
well when such logs, or either of them, are run; and also a copy of all drill stem test results, core records and
analyses, record of perforations and initial production tests, if any. If any of the information required by this
paragraph is contained in reports required to be filed with the Oil and Gas Conservation Commission of Colorado,
the requirements of this paragraph for such information may be satisfied by such filing with said Commission, except
for copies of the reports as are required by the following paragraph, and provided that all such information is
immediately available to Lessor. Any proprietary information so submitted shall not be subject to public inspection
under Colorado law.
Lessee shall bury pipelines below plow depth. Lessee shall set and cement sufficient surface casing to protect the
fresh water wells of the area.
18. NOTIFICATION - Lessee shall notify Lessor and the surface lessee or surface owner of the location of each
drill site at least two weeks prior to commencing drilling operations thereon. Lessee shall notify Lessor before
commencing to plug and abandon any well by copy of Lessee's request for approval or sundry notice of intent to
plug and abandon.
19. BONDS- Lessee shall be liable for all damages to the surface of the land, livestock, growing crops, water
wells, reservoirs, or improvements caused by Lessee's operations on said land. No
operations shall be commenced on the land hereinabove described unless and until Lessee shall have filed a good
and sufficient bond with Lessor, in an amount to be fixed by Lessor, to secure the payment for such damages as
may be caused by Lessee's operations on said land and to assure compliance with all the terms and provisions of
this lease, the laws of the State of Colorado, and the rules and regulations thereto appertaining. A bond may be
held in effect for the life of production of any well.
20. SETTLEMENT- Lessee shall not remove any machinery, equipment or fixtures placed on said land, other
than drilling equipment, nor draw the casing from any well unless and until all payments and obligations currently
due Lessor under the terms of this lease shall have been paid or satisfied. Any machinery, equipment or fixtures
left on this land for a period of more than six (6) months after the expiration hereof, shall automatically become the
property of Lessor.
21. OTHER DISCOVERY-Should Lessee discover any valuable products other than oil and gas, on or within
the leased land, Lessee shall within seven (7) days report such discovery to Lessor, in which event Lessee and
Lessor may negotiate a provision for production of such discovery.
22. WATER-This lease does not grant permission, express or implied, to Lessee for water exploration, drilling,
or establishing water wells without the written permission of the surface owner. If Lessor is the surface owner, said
permission shall not be unreasonably withheld. If Lessee desires to establish or adjudicate any water right for
beneficial use on the leased land, any such adjudication or application shall be in the name of Lessor if Lessor is the
surface owner. The same shall apply to any non-tributary water rights established on the leased land which may be
put to beneficial use off said land.
23. DEFAULT- Upon failure or default of Lessee to comply with any of the terms and provisions hereof including
but not limited to the failure to comply with laws, rules and regulations governing Colorado oil and gas operations,
Lessor is hereby authorized upon notice and hearing, as hereinafter provided, to cancel this lease as to all of the
leased land so claimed or possessed by lessee hereunder. In the event of any such default or failure, Lessor shall,
before making any such cancellation, send to Lessee by certified mail, to the post office address of said lessee as
shown by the records of Lessor, a notice of intention to cancel for such failure or default, specifying the same, stating
that if within thirty (30) days from the date of mailing said notice, Lessee shall correct such failure or default, no
cancellation will be made. If such failure or default is not corrected within thirty (30) days after the mailing of such
notice, and if Lessee does not request a hearing on such notice within thirty (30) days, this lease will terminate and
be canceled by operation of this paragraph without further action by Lessor, or further notice to Lessee.
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24. EXTENSION - If Lessee fails to make discovery of oil and gas, or either of them, in paying quantities during
the primary term hereof, or during drilling operations commenced during the primary term hereof, Lessee may make
written application to Lessor for an extension of this lease. The granting of such extension shall be at the sole
option of Lessor, according to the following conditions:
A. No lease term will be extended for more than six (6) months from the original expiration date.
B. That the Lessee shall pay to the Lessor the sum of one-third of the original bonus, with a minimum bonus of Ten
Dollars ($10.00) per acre.
C. The Lessee must pay to the Lessor the sum of One Dollar($1.00) per acre leased as delayed rental for the term
of the extension.
D. That the royalty will remain the same.
25. HOLD HARMLESS - Lessee shall indemnify Lessor against all liability and loss, and against all claims and
actions, including the defense of such claims or actions, based upon or arising out of damage or injury, including
death, to persons or property caused by or sustained in connection with
operations on this leased land or by conditions created thereby, or based upon any violation of any statute,
ordinance, or regulation.
26. CONDEMNATION - If the leased land shall be taken in any condemnation proceeding, this lease shall
automatically terminate as of the date of taking. The award for such condemnation shall be paid to Lessor, except
for any specific award(s) paid to Lessee for severed oil and gas reserves, in which event of such
specific award(s) shall be paid to Lessor in lieu of royalty lost by virtue of the condemnation. Improvements shall be
removed by Lessee per terms in the SETTLEMENT paragraph herein. If only a portion of the leased land is taken
by condemnation, Lessor may, at its option, terminate this lease or terminate only that portion of the lease so taken.
27. ERRORS - Every effort is made by Lessor to avoid errors in all procedures including but not limited to
auction listings and lease preparation. Lessor shall not be liable for any inconvenience or loss caused by errors
which may occur. Lessee shall notify Lessor immediately upon discovery of any errors or discrepancy whatsoever.
28. ARCHAEOLOGY- Lessee shall not destroy, disturb, mar, collect, remove or alter any prehistoric or historic
resources of any kind on Weld County lands as provided by law. These resources include, but are not limited to, all
artifacts of stone, wood or metal, pictographs, structures, and bones. A discovery of anything of prehistoric or
historic nature shall be reported to Lessor or the State of Colorado Archaeologist immediately.
29. DEFINITIONS -
A. "Gas"as used herein shall mean all gases (combustible and noncombustible), including but not limited to all
gaseous hydrocarbons, gaseous compounds, carbon dioxide, and helium.
B. "Oil and gas"as used herein shall include all substances produced as by-products therewith, including But not
limited to sulfur.
C. "Paying quantities" as used herein shall mean and refer to quantities of oil and gas or of either of them sufficient
to pay for the current cost of producing same.
30. HEIRS AND ASSIGNS -The benefits and obligations of this lease shall inure to and be binding upon the
heirs, legal representatives, successors or assigns of Lessee; but no sublease or assignment hereof, or of any
interest herein, shall be binding upon Lessor until the same has been approved by Lessor as explained in the
ASSIGNMENTS' paragraph provided.
31. WARRANTY OF TITLE- Lessor does not warrant title to the leased premises, but it shall, upon request,
allow Lessee access to such abstracts and other title papers as it has in its files. There shall be no obligation on
Lessor's part to purchase new or supplemental or other title papers, nor to do any curative work in connection with
title to the subject lands. All abstracts of title, whether new or supplementary, obtained by Lessee and covering the
subject lands shall become the property of and be delivered to Lessor after Lessee has completed its title
examination and curative work, subject, however, to the right of Lessee to use such abstracts upon request at any
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time during the term of the lease.
IN WITNESS WHEREOF, Lessor has hereunto signed and caused its name to be signed by the CHAIR, BOARD
OF COUNTY COMMISSIONERS OF THE COUNTY OF WELD, with the seal of the office affixed, and Lessee has
signed this agreement, the day and year first above written.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST:
Chair, oar. . o my Commli on ,iL' ' x;
Weld -. ler to - 1861
By: ,.I/itd_ �1_. . f
Deputy Clerk tot a Boardr A
,„,--
LESSEE:
Ai.Q
By: Ted R. Hannon, President of Hannon &Associates, Inc.
STATE OF COLORADO )
ss
COUNTY OF WELD )
The foregoing instrument was acknowledged before me this x30 day of k/larch , 20 1 0 , by
Ted Nannnh o, behalf' of Wonnon+ Assocacules,
Witnes y and and official seal.
Notary 'ublic
My Commission Expires: REAN J. ROBS
NOTARY PUBLIC
STATE OF COLORADO
My commission Expires}./ 4. / ,
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Esther Gesick
From: vwgeorge@comcast.net
Sent: Friday, February 19, 2010 4:17 PM
To: Esther Gesick
Subject: Weld Co., CO - Mineral Lease Nomination
Esther,
As per our telephone conversations, J. L. Obourn, Jr. & Co. would like to nominate the following tract for mineral lease
auction:
LE0263
Township 10 North, Range 61 West
Section 25: S/2 N/2, SW/4, SW/4 SE/4 340 Q
Our hope is that you'll be able to process this nomination and schedule an auction as soon as possible.
As I indicated, I'd appreciate if you would please notify me of the progress with regard to scheduling an auction and place
me on your notification list for ALL future mineral auctions.
Please let me know if you need any further information from me.
Thanks,
Vern George
J.L. Obourn, Jr. &Co.
2713 W. Long Drive, #A
Littleton, CO 80120
303.883.0046 Cell
720.535.7704 Direct
720.535.7708 Direct Fax
303.734.8870 Office
303.734.8890 Office Fax
vwgeorgenQ.comcast.net
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