Loading...
HomeMy WebLinkAbout20092514.tiff389 RESOLUTION RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - E112, S21, T7N, R63W 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 is the owner of vast mineral lands located in Weld County, Colorado, and WHEREAS, Noble Energy submitted a request to extend the lease of 320.0 net mineral acres, more or less, described to -wit: E1/2 of Section 21, Township 7 North, Range 63 West of the 6th P.M., Weld County, Colorado, and WHEREAS, Weld County desires to approve the request submitted by Noble Energy, to extend the lease on the above -described mineral acreage for $136.00 per net mineral acre, for a total sum of $43,200.00, together with a rental fee of one dollar ($1.00) per net mineral acre, which is to run for a period of six (6) months, commencing at twelve o'clock noon on October 3, 2009, and ending at twelve o'clock noon on April 3, 2010. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the request submitted by Noble Energy, to extend the lease on the above -described mineral acreage for $136.00 per net mineral acre, for a total sum of $43,200.00, together with a rental fee of one dollar ($1.00) per net mineral acres, which is to run for a period of six (6) months, commencing at twelve o'clock noon on October 3, 2009, and ending at twelve o'clock noon on April 3, 2010, be, and hereby is, granted and approved. 1111111111 NH 13111111 III 1111111 III 11111111 III! 3656389 10/28/2009 01:44P Weld CountY, CO LE0132 1 of 3 R 0.00 0 0.00 Steve Moreno Clerk & Recorder 2009-2514 60: ,llo sc 11 oa-(ty RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - E112, S21, T7N, R63W PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 23rd day of September, A.D., 2009. BOARD OF COUNTY COMMISSIONERS WELD COL} Y, COLORADO ATTEST: Weld County Clerk to the BY Deputy CI" to the Board A,P),DROV CountAttorney RM: Date of signature /14-3,?t'7 1111111 11111 11111111111111111 1111111111111 11111 1111 1111 3656389 10/28/2009 01:44P Weld County, CO 2 of 3 R 0.00 D 0.00 Steve Moreno Clerk & Recorder illiam F. Garcia, Chairman 'X' 20 /OD 2�/_vr e -t -' �s r"- DouglaJRademaoher, Pro-Tem Conway David E. Long C 2009-2514 LE0132 1625 Broadway Suite 2200 Denver, Colorado 80202 Tel: 303 228.4000 Fax: 303.228.4280 7 noble energy September 15, 2009 Weld County, Colorado c/o Board of County Commissioners P.O. Box 758 Greeley, CO 80632 RE: Weld County Oil and Gas Lease Dated October 4, 2006 Township 7 North, Range 63 West Section 21: E/2 Weld County, Colorado Ladies and Gentlemen: Noble Energy, Inc. ("Noble") is the current leasehold owner of the referenced Weld County Oil and Gas Lease ( the "Lease"). Enclosed for your reference is a copy of the Lease as well as a copy of the Assignment from Contex Energy Company, the Lessee, to Noble. The Lease is due to expire at twelve o'clock noon on October 3, 2009. Noble is hereby making written application for an extension of the Lease under the terms provided for in Paragraph 24. The extension will be for six (6) months from October 3, 2009, with a bonus payment of $43,200, which sum represents one-third of the original bonus, plus $320.00 as the delay rental for the term of the extension. Enclosed is Noble's check in the amount of $43,520.00. The royalty for the extended term will remain the same. Once the extension is granted, Noble plans to stake a well location on the leased lands in order to obtain a Permit to Drill a well before the expiration of the extended term. Your earliest consideration of this extension request is appreciated. Please call me at 303-228-4067 if you have any questions. Very truly yours. NOBLE ENERGY, INC. 124- .12 ((Jilt Debra A. Wittke Land Supervisor HBO 11111 IIIIII VIII 111111 III 1111111 III 11111 IIII IIII 3656389 10/28/2009 01:44P Weld County, CO 3 of 3 R 0.00 D 0.00 Steve Moreno Clerk & Recorder 2009-2514 -J LEL 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. BY. 043)— CountfAttomey DATE. Hello