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HomeMy WebLinkAbout810009.tiff r.. c 1858 MAY 1 81981 a3lo O BOOK9S.fi. RECEPTION ?.$8 DATE TIME ri, , I,�, A MARY ANN FEUERSTEIN, Cler and Recorder, Weld County, Cobrada IJI) RESOLUTION n, c RE: APPROVAL OF AMENDMENT TO OIL AND GAS LEASE - ENERGY MINERALS e CORPORATION WHEREAS, the Board of County Commissioners of Weld County, O Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the a affairs of Weld County, Colorado, and o WHEREAS, Energy Minerals Corporation is the owner o£ a gas co no and oil lease concerning property owned by Weld County, Colorado, being more particularly described as follows: Township 3 North, Range 61 West c;D Section 5: N'N2 (ada Lots 1 , 2 , 3 , "' and 4) =mac — WHEREAS, Energy Minerals Corporation desires to amend para- graph 12 of said gas and oil lease so that it may drill a "J" Sand well in the Northwest Quarter of the Northwest Quarter of Section 5, Township 3 North, Range 61 West of the 6th P.M. , Weld County, Colorado, and WHEREAS, a Lease Amendment has been prepared reflecting such amendment, and WHEREAS, the Board of County Commissioners has studied said amendment and deems it advisable to approve the same. NOW, THEREFORE, BE IT RESOLVED by the Board of County Com- missioners of Weld County, Colorado that the lease amendment to the gas and oil lease owned by Energy Minerals Corporation con- cerning the property described herein, be, and hereby is, approved. The above and foregoing Resolution was , on motion duly mad ‘ad seconded, adopted by the following vote on the 13th day of 'llaY, A.D. , 1981. 4 tl;) BOARD OF COUNTY COMMISSIONERS ° ATTEST: 1 WELD COUNTY, C RADO Weld County Clerk and Recorder / (Aye) and rk to the Board uck Carlson, Chairman CBI,: �( ( "2-2 for.. (Aye) Deputy Count erk —Norman Carlson, Pro-Tem AP6RAOiLFAS T FORM: _� L 17 (Aye) C. W.Ki�by U County Attorney t 2 (A e) T. Marti �A e) e K. S einmark ai000e L. eoc)92 DATE PRESENTED: MAY 18, 1981 1858OE9MAY i - 1981 - p BOOK 9�0 RECEPTION DATE TIME �K l ao MARY ANN FEUERSTEIN, Clerk and Recorder Weld �°yedpy LEASE AMENDMENT �' "' �J THIS AGREEMENT entered into this 13th day of flay , 1981 , by and between Weld County Board of County Commissioners as First Party, and Energy Minerals Corporation, 1000 Security Life Building , Denver, Colorado 30202 as the Second Party. WITNESSETH THAT WHEREAS, under date of January 29 , 1977 , First Party, as Lessor, entered into an oil and gas lease with E. B. O'Hara , as Lessee, recorded in Book 786, No. 1708284 of the official records of Weld County, Colorado , covering the following described land situated in said county and state , to-wit: Township 3 North - Range 61 West Section 5: N4NI (ada Lots 1 , 2 , 3, and 4) the Lessee's interest in said lease now being owned, through assignment, by Second Party; and WHEREAS, paragraph number 12 of said oil and gas lease provides in part "Lessee shall have the right to unitize, pool , or combine all or any part of the above described lands with other lands in the same general area by entering into a cooperative or unit plan of development or operation approved by any governmental authority and, from time to time, with like approval to modify, change or terminate any such plan or agreement and, in such event, the terms, conditions and provision of this lease shall be deemed modified to conform to the terms, conditions, and provisions of such approved cooperative or unit plan of development or operation and, particularly, all drilling and development requirements of this lease, express or implied, shall be satisfied by compliance with the drilling and development requirements of such plan or agreement, and this lease shall not terminate or expire during the life of such plan or agreement" ; and, WHEREAS, Second Party desires to drill a "J" Sand well to be located in the NW*NWk of said Section 5 , and in order to produce the above lands both economically and from a conservation standpoint, Second Party desires to develop the test well on the basis of a 160 acre unit to consist of the NW* of said Section 5, thus necessitating certain amendments to the herein referenced lease , all of which are acceptable to First Party. NOW THEREFORE, in consideration of the premises and of the sum of Ten Dollars (510.00) cash in hand paid by Second Party to First Party, the receipt and sufficiency of which are hereby acknowledged , the said First Party does hereby consent and agree to the following: PURPORTED COPY] 1. That the above referenced paragraph No. 12 , in its entirety, shall be deleted and in lieu thereof, the following new paragraph , to-wit: "Lessee, at its option, is hereby given the right and authority to pool or combine the land covered by this lease, or any portion thereof, or formations thereunder, as to oil and gas, or either of them, either before or after production, with any other land covered by this lease, or with any other land, lease or leases into a "Unit", when in Lessee's judgment it is necessary or advisable to do so in order to properly develop or operate said leased premises, whether under order of the Colorado Oil and Gas Conservation Commission or otherwise, such pooling to be into drilling or spacing unit or units of one hundred sixty (160) acres in surface area for gas and hydrocarbons associated therewith, with ten percent (10%) tolerance, except that larger units may be created to conform either to any drilling or spacing unit pattern that may be prescribed by proper governmental authority. " "The pooling in one or more instances shall not exhaust the rights of the Lessee hereunder to pool this lease or portions thereof, or formations there- under, into other units. To accomplish such pooling , Lessee shall execute and place of record an instrument or instruments identifying and describing the pooled acreage and formation , with an information copy to be provided Lessor upon written request. " "Well commencement, drilling , production or reworking operations anywhere on a unit which shall include all or any part of the lease acreage shall be construed as if it were well commencement, drilling, producing or reworking operations under this lease and, in lieu of royalties specified elsewhere herein, Lessee agrees to accept and receive out of the production from each such unit only such portion of the royalties stipulated herein as the net amount of Lessor' s acreage placed in the unit, or Lessor's royalty interest therein , bears to the total acreage included in such unit. " - is hereby incorporated into said oil and gas lease, effective as of the date thereof to all intents and purposes as though originally incorporated in said oil and gas lease. 2. First Party does hereby represent to and covenant with Second Party that it has not transferred, assigned or otherwise conveyed or encumbered its interest in said oil and gas lease subsequent to the execution thereof. 3. Except as herein expressly revised or modified , the terms and provision of said oil and gas lease shall remain the same as written , and as so modified or amended, the parties hereto do hereby recognize and stipulate that said lease is in full force and effect as of the date hereof. The terms and provisions hereof shall be deemed covenants running with the lands subject hereto, and shall be binding upon and inure to the benefit of the parties, their respective heirs, legal representatives, successors and assigns. EXECUTED this 13th day of hay , 1981. fliklaiwv‘.' ;047/1411 ATTEST: WELD COUNTY, COLORADO, A POLITICAL SUBDIVISION OF THE STATE OF COLORADO, COUNTY CLERK AND RECORDER AND CLERK BY THE BOARD OF COUNTY IMISSIONERS TO THE BOARD BY% a-vimit, A6 c .. TAX IDENTIFICATION NUMBER 7 J� � /-2c, Ir . //4!' e t 2ral."71;41-1 G' STATE OF COLORADO ) ACKNOWLEDGEMENT ) ss. COUNTY OF WELD BEFORE ME, the undersigned, a Notary Public, in and for said County and State, on this 18th day of May , 19 81 , personally appeared Chuck Carlson, Norman Carlson, C. W. Kirby. John T. Martin. June Steinmark. as [,]et Co pi ty Cp1Qrar�n Pniitlral Snhdivicinn of th Ctate of Cotororlo y ne hoard O ounen commissioners to me known to be the identical person`s) , described in and who executed the within and foregoing instrument of writing and acknowledged to me that they duly executed the same as their free and voluntary act and deed for the uses and purposes therein set forth. IN WITNESS WHEREOF, I hereunto set my hand and affixed my notarial seal the day and year last above written. My Commission Expires 5-23-81 zr ) Notary Public n ENERGY MINERALS CORPORATION OIL AND GAS EXPLORATION May 4, 1981 0044001291 Weld County Lease N/2N/2 Sec. 5-T3N-R61W Weld County, Colorado Weld County Board of County Commissioners Greeley, Colorado 80631 Gentlemen: In reference to the subject lease and in order to accommodate orderly and economically efficient development of the minerals underlying the lands covered by said lease, Energy Minerals Corporation proposes, and requests your approval of, the enclosed Lease Amendment. Energy Minerals Corporation desires to drill a "J" Sand well in the NW/4NW/4 of Section 5-T3N-R61W, and in order to avoid waste and facilitate economic development proposes to create a NW/4 (160 acre) spacing unit. Under the terms of the lease as they presently appear, Energy Minerals Corporation, does have the right to pool the lands , however the present terms are vague and seem to imply pooling Federal lands with fee lands, as is not the case here. Therefor, and in order to eliminate any possible misinterpretation, we advise that the pooling clause in the lease be re- placed by that which appears in the amendment. We are confident that the proposed change would be advantageous to all parties concerned and thus request that you review and execute the original copy of the enclosed amendment and return same to this office for further handling. Your cooperation and assistance in this matter will be appreciated. Very truly yours , ENERGY M ERALS CORPORATION Robert P. Messana Landman RPM/jll 1000 SECURITY LIFE BUILDING • DENVER, COLORADO 80202 • (303) 629-7334 Hello