Loading...
HomeMy WebLinkAbout830018.tiff AR1124O06 B 0994 REC 01924006 04/19/63 13 : 34 $0.00 1 /003 F 0010 MARY ANN FTEt.JERS'"1'EIM CLERK 6, RECORDER WELD CO, CO RESOLUTION RE: AUTHORIZATION FOR THE BOARD TO SIGN OIL AND GAS DIVISION ORDER REGARDING ASAMERA OIL (U. S . ) INC. , P.O. BOX 118, DENVER, COLORADO 80201 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 holder of a certain lease with Asamera Oil (U. S . ) Inc. Said lease covers land more particularly described as follows, to-wit: Township 6 North, Range 66 West Section 26 : SW/4 Weld County, Colorado WHEREAS, Asamera Oil (U. S. ) Inc. has submitted an Oil and Gas Division Order on the subject property. NOW, THEREFORE, BE IT RESOLVED by the Board of County Com- missioners of Weld County, Colorado, that the Oil and Gas Divi- sion Order as submitted by Asamera Oil (U. S. ) Inc. be, and hereby is, approved. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of April, A.D. , 1983 . BOARD OF COUNTY COMMISSIONERS ATTEST: f/1 7/ "'7 -l- - WELD COUNTY, COLORADO Iv.tea o1/4.vti-r 'k 4 WA6e4r1 Weld County Clerk and Recorder EXCUSED DATE OF SIGNING - AYE and Clerk to the Boar7fi�n Chuck Carlson, Chairman ty County Clerk Ji T. Martin, Pro-Tem APPROVED AS TO FORM: Gene R. Bra ner minty torney Norman Carlson J cqu in o nson 830018 «U 0 DAY FILE: April 11 , 1983 1 . . ia9 94 REC.., 019 4006 :14/19/83 13 : 34 I: 001 '1 Me ANN FEUl:::R; 'FEIN CLERK & Pig. JRDFR WELD CO, CO OIL DIVISION ORDER To: ASAMERA OIL (U.S.) INC. Division Order No. Post Office Box 118 Date: March 9, 1983 Denver, Colorado 80201 Each of the undersigned,severally and not jointly,certifies and warrants to Asamera that he is the owner of the interest shown opposite his name in the below described property or of mineral rights therein or is entitled to receive the value or proceeds from the sale of oil (which shall mean crude petroleum and all other liquid hydrocarbons, in- cluding condensate, which shall be accounted for in the same manner as oil hereunder) produced from the Payne 2-26 lease or property,operated by KCF Oil, Inc. - situated in field or area,in Weld County, Colorado and more fully described as follows to-wit: Township 6 North, Range 66 West �. • Section 26: SW/4 Weld County, Colorado From and after the day of First Runs 19 83 ,at 7:00 a.m.,and until further written notice to Asamera, and subject to the following provisions, Asamera is authorized: (a) to purchase and receive oil produced from the above described property, or (b) where Asamera owns a working interest in said property or has a right to market all or a portion of the production therefrom, to sell and/or deliver oil produced from such property to any purchaser Asamera may designate, and Asamera shall give credit for said oil pursuant to the directives contained herein. • Credit to: Division of Interest Address Board of County .00189500 RI Weld County Court House Commissioners Greeley, CO 80632 B 0994 f-,'t:::c 01 o4006 04/19/83 ij : :34 0l') :5/{:�()�+ I` (i4)'i I (, ( 6a.,.. I' I::a1G::Pt: Tl::::l:il l;L..li::P'r.lr 4 fil:i:CtJl`'tI?t'h 6dl::a_1) (:;p, ('Cl FIRST: Only merchantable pipeline oil shall be tendered to you hereunder, and title shall pass to y9u upon delivery to any transportation facility designated by you. You shall compute quantities and make corrections for temperature and deductions for impurities in accordance with your rules, regulations, and customs in effect at that time and place of delivery. Each of the undersigned working interest owners, if any, agree that all oil run hereunder will be produced and delivered in compliance with all applicable federal, state, and local laws, orders, rules, and regulations. SECOND: Settlement for the aforesaid interests shall be made on the basis of the current field price adopted or posted by you for oil of like grade and gravity at the time and place of delivery. THIRD: Payments are to be made monthly by your checks delivered or mailed to the parties thereto enti- tled at the address above given. If at any settlement date the amount payable to any party hereunder shall be less than fifteen dollars($15.00), you may defer such payment and make payment when the amount has accumulated to fif- teen dollars($15.00),but in any event at not less than annual intervals. Deductions for any severance,gross produc- tion,occupation, windfall profit or other tax imposed on the production, sale or purchase of such oil may be made therefrom by Asamera. FOURTH: In case of any adverse claim of title as to any interest or interests covered hereby, or if, in the opinion of Asamera,any of the undersigned parties may not have good title to the interest claimed,each of the under- signed affected authorizes you to defer payment,without obligation to pay interest on the amount so deferred,until such adverse claim or dispute is finally determined or title is resolved to your satisfaction. FIFTH: No transfer of an interest of any nature or change in the right to receive payments,however ac- complished,shall be effective as to you until 7:00 a.m. the first day of the calendar month after which you are fur- nished proper division or transfer order and proof satisfactory to you of such transfer or change,and you hereby are released from any and all liability for payments made prior thereto pursuant to this instrument. Each of the under- signed, severally, agree to hold you harmless from any payment made without such proper notification. SIXTH: If all or any part of the above described property is included in a pooled unit hereafter,then as to each undersigned party who has agreed to,or is bound by such unit,this division order shall cover and be applicable to the unitized minerals which,in accordance with the terms of the instruments pursuant to which such unit has been established,are allocated to the above described property,and payment hereunder to such undersigned party shall be computed on such allocated minerals in accordance with the interest credited to such party herein. SEVENTH: This division order shall become valid and binding on each and every owner above named as soon as signed by such owner regardless of whether or not all of the above named owners have so signed. ALL SIGNATURES MUST BE WITNESSED (Each Married Person Should Be Joined By Their Spouse) WITNESSES: OWNERS SIGN BELOW: n V UQM�fN � Security or Taxpayer ID No. , . frit Please sign your name exactly as it appears herein and also insert your Social Security or taxpayer identification number. al- t • TELEPHONE (303) 355-7351 TELEX 45-4483 1 APOSST OFFICE BOX 118 AMERA OIL R .oLS IN of March 21 , 1983 ,, , Ln""`f J yr , fj 1 ,' l 7s$3 //J Board of County Commissioners r. Weld County Court House cRes Greeley, CO 80632 Re: Payne 2-26 Weld County, Colorado Dear Interest Owner: Effective with the first crude oil sales , Asamera Oil (U.S. ) Inc. commenced purchasing the crude production from the Payne 2-26 in Weld County, Colorado. This production will go directly to our Commerce City refinery where it will be converted to various products . We have obtained the title opinion with a list of the interest owners from KCF Oil, Inc. and have prepared our Division Order based upon this information. To insure a timely, uninterrupted payment , please check your Division Order for proper spelling of your name, correct interest and correct mailing address. Should your name be incorrectly spelled, or your address changed, please make the necessary corrections on the face of the Division Order. However, if your decimal interest is incorrect, please advise this office immediately. If your Division Order is accurate, please properly execute one copy by signing in the space provided on the back. Also, please have your signature witnessed. Please include your Social Security or tax account number in the space provided on the Division Order. The second copy of the Division Order should be retained for your records. After we have received your Division Order properly executed, we will place your interest in line for payment. Note that with regard to the executing of the Division Order, the following points should be reviewed and complied with: -2- 1 ) When signing on behalf of a corporation, the signature should be attested, the corporate seal affixed, and the title of the signatory party should be shown. 2) Partnerships should have all partners sign , or furnish us with a certified copy of the Resolution authorizing the signature affixed to the Division Order when the Division Order is returned to this office. 3 ) On a signature by a second party, i.e . agents , attorneys- in-fact , guardians, or any party except the named interest owner, evidence of the rights of the signatory party should be furnished to this office. 4 ) Be advised that on small interest amounts , payment will not be made until the sum due is $ 15. 00 or more, except that in the month of December , payment will be made of any sum then due. Please advise this office promptly of any change of address or ownership. All transfers of interest for payment record purposes will be accepted effective only on the first day of the month . We are most grateful for your cooperation in this matter and trust that we will hear from your shortly. Sincerely, ASAMERA OIL (U.S. ) INC. 4.0:4401.- Pkae Diana J Pharo Division Order Department jh Enclosures ' TELEPHONE "_C31 355.7351 TELEX 45.4483 11'471., A SAMER.A OIL (L. S.) INC. POST OFFICE BOX NS • DENVER,COLORADO 50201 QUALIFIED ROYALTY OWNER EXEMPTION Dear Royalty Owner: On July 29 , 1981, the Congress of the United States enacted the Economic Recovery Tax Act of 1981. A major change made by this act is an exemption from the Windfall Profit Tax for a portion of crude oil production attributable to a qualified royalty owner. Effective January 1, 1982 through December 31, 1984 , two (2) barrels per day of qualified royalty oil are exempt from the Windfall Profit Tax, and effective on January 1, 1985, the exemption is increased to three (3) barrels per day. Enclosed is Internal Revenue Service Form 6783 to enable you to certify those properties from which your royalty share of the oil produced is to be treated as exempt. READ THIS FORM AND ITS INSTRUCTIONS CAREFULLY. If you are unsure that you qualify as an exempt royalty owner, or if you have questions concerning the form, please contact your personal tax advisor or your local Internal Revenue Service office for guidance. If your production qualifies Apr exemption, please complete the form by filling out the top of the form, listing the properties to be treated as exempt and sign and date the form at the bottom. Also, indicate you Asamera owner number (as shown on your remittance advice) in the space provided in the upper right hand corner of the form. Send Form 6783 to: Asamera Oil (U.S. ) Inc. P. 0. Box 118 Denver, CO 80201 Attn: Windfall Profit Tax Thank you for your cooperation in this matter. 4 • ionsprtif !crest in the property. (See sections You may not Use ;drm 6753 to p Y !fls r 'UC• 6•12c(d)(2) and (3) for rules ono excep- any cOrticn o! that amount a5 vein: ex• (Fe'ere^cos are to the Internal Peve• ',ions.) emot from the w,tnhoicin of windfall nue C:de.) m.'.xintu'rn amount exerntn.--Themaxi- Drell: tax. since that c.tocdc::G- .xceeds the maximum amount f\”r",:::, instead. Paperwork Reduction Act Notice.— morn amount of cualihed rovalry prOOUC• you may !fie Form 5249. ----Y"tnen The Pe:er-won( Rect.c:inn Act of 1930 non :hat is exempt from the withhold- of Overpaid Windfall P^;;it o claim says we must tell you wny ive are collect- mg of windfall profit tax is 2 barrels a a credit or refund after:tie calendar year ing this information. now we will use it, day for oil removed in 1982 througn of removal. and wnetner you nave to give it to us. 1954. For nit removed in 1955 and after, We ask for the information to carry out file maximum amount exempt tram with- Property,f your Qualified production `r..m a d the Internal Revenue. laws of the United holding is three barrels a Cay. However. Property, wnen added to ether filed.es States. We need it to ensure that you are if you must share the royalty owner's ex- production that you have certified. �3 more than the maximum amount exempt. complying with these laws and to allow emotion with members of your farmer or not use Form 6732 to certify Inc us to figure and collect the want amount certain others. your maximum amount you may of tax. (cu are r^gured to give us :his exempt will h tats. qualified production from mat property. information. If you are a member of a family, or if For example. you area duaiified royalty you are a shareholder in a family farm owner wno Goes not have to snare the ex• Purpose of Form corporation, or if you are a family farm emotion with any other qualified royalty owner. For oil removed in 1982. your This form is used by qualified royalty corporation that has common share- 2 owners to certify their status for exemp• - holders with another family farm cor• maximum amount exempt ¢ Barrels a rom the withholding dt windfall poration. your amount of exemption may day. You have Cuaiitied procucnon from profit tax. be less than the maximum amount. two orocerties. Quaid:up droeuct:on tram the first property is 1t,4 barreis per day. Qualified royalty owners may be enti• ,Members of a family must share the Qualified prcauct:on from Inc second tied to an exemption of uo to 2 barrels barrel per day exemption based on their procerr/ is ?s carters per a_:. You may per day (for each day of the calendar portion of the total qualified production not use Form 6783 to certlily the pro• quarter) from the withholding of windfall of the entire family. A family for purposes duct:on from both properties as being profit tap for oil removed in 1982 througn of this exemption includes_a husband. exempt from withholding since the total 1984. For oil removed in 1985 and after, wife. and their minor children. exceeds the maximum amount exempt. the buaiified royalty owner may be enti- When completing Form 6733. you may To obtain the maximum tax benefit, you tied to an exemption from withholding of use estimates. based upon nistor:cal data. may want to use Form 6733 to certify up to 3 barrels per day (for each aaY to compute your portion of the amount the first property. In zny case. you may of the calendar Quarter). See ''Who May exempt. file Form 6249 to claim a credit or re- Use Form 6783" for the rules to follow For example. Mr. and Mrs. Jones and fund based on barrels of oil that are in completing Form 6783. their minor son. Arnold. are all qualified exempt from windfall profit tax but that If your qualified royalty production royalty owners. For calendar year 1982 have not been certified on Form 678:. from any one property exceeds the maxi- they expect (based on historical data) Revocation of a Previously Fred Car- Form amount exempt, you may not use their quarterly Qualified royalty produc• Form 6783 with respect to that draperty. tion to be as ioitows. tiecate.—tf you are no longer acre to Jones 40 barrels certify that your production from a prop• Mr. Furnishing Form 6783 erty qualifies for exemption from the Mrs. Jones • 40 barrels withholding of windfall prorit tax• you Qualified royalty owners should furnish Arnold Jones 20 barrels must complete Part B. In gen e:al, two Form 6783 to their purchaser (or other 100 barrels events may take place that would cause withholding agent) so that the purcnaser a revocation of a previously filed certifi• (or otner withnolding agent) can adjust Accordingly, Mr. Jones would be en• the withholding of windfall profit tax for . titled to claim exemption from withhold- Cate. the Qualified royalty owner. ing of up to i!; of a barrel per day. Mrs. • You are no longera qualified royalty Jones is also entitled to claim an exemp• owner. That is. your interest !n the prop- Who May Use Form 6783 tion from withholding of up to S of a bar- erty was transformed from a royalty in- In order to use Farm 6783, you must rel a day. Arnold is entitled to claim an terest to an operating mineral interest. exemption from withholding of up to ca • The amount of production. wnen meet three conditions—a qualified al of a barrel per day. added to any other qualified production • You must ra y ty For rules concerning the allocation of that you have certified. exceeds the maxi- owner. - the maximum exempt amount between mum amount exempt. For example, as- • Your production from the property sharenolders and family farm corpora- sume you are a qualified royalty owner must be qualified royalty ❑reouc- titans. and family farm corporations with who coesn't have to share the exemption tion. common sharenolders. please see sec• with :.ty ,;;oar royalty owner and you have • The qualified royalty production tion 6423(c). only one property that has qualified pro. - from the procerty you are certifying duc:lon. If that qualified production ex- If you must share the maximum (Pius qualified royalty production amount exempt with any Other qualified deeds the maximum amount exempt. you from other properties that you nave must complete Part B and revoke your aireaoy certifies. if any) aces not royalty owner, actacn a list showing the prior certification.exceed the maximum amount ex- name and taxpayer ;cent:tying numcer of such person(s). If you are revoking a previously fur- empt. nished Form 6783, give Form 6783 to the • If your qualified production from a person to whom you furnished your Qualified royalty owners.—Only indi- property exceeds the maximum amount original certificate. viduais. estates, and family farm con, exempt, you may not use Form 6783. . porations are qualified royalty owners. For example, assume you are a quaff• Taxpayer identifying number.—For in- (Section 6429(d)(1).)droy tied royalty owner wno does not have to dividuals. the taxpayer identifying num- . Qualified royalty production.--den• share the credit with any other qualified her is their social secuirty number. erally qualified royalty production is oil royalty owner. Your qualified production For family farm corporations and es- preauced from the property that is not is from one property. The amount of your totes. the taxpayer identifying numcer is aunnutaole to an operating mineral in• Qualified production is 10 barrels a day. their employer identification numovr. aaa_2Et_I ?ui tA'[AuricT rmmK cm=:,wro•urLi . in--to i1O, 1 Cmd N . 1545-^.515 % � 0" QUAL1 l�n " ' ' , OWNER ' SEsu r nG A ; EXEN1PT10N I „ea a. Department ent of me neesury C nTlrlCATE 1 Reuenue Service Name ,• • i Employer identlhrllion number Number and street City or town. state, and ZIP code Part A—Royalty owner's Exemption Cartificts. I certify that I em a qualified royalty owner las defined in section 64291d1111 and that all of my production from the proyweytwsl listed below aualdies for exemption from the withholding of windfall profit as. The total qualified production from these properiyiiesllolus qualified production from other properties that I have certified) does not exceed my ;here of true maximum amount exempt for qualified royally owners. (Attach additional sheets.il naeded.l Prcpory•t Name Lease Numoer.d any Location Property-2 Name . Lease tlumoar"iI any • Location Property.] Name Leas. Numoer,if any Location - - Propanpa Name - Leese Numoar,iI any • Location it e - • •Part 6—Revocation of a Pevicusly Filed Certificate. - I I am revoking my previously tiled certificate with respect to the propertyfias) listed below. (attach additional sheets, if rswdeedi Property•1 Name Lease Number,it any - - - • Location . . Date original certificate was filed . Prooe.ty•2 Name Lease Numoer"if any Location • Dale original certificate was tiled - Under penalties of perjury. I declare that I have examined this Certilicale and to me best al my Imowieoge and belief. „ is true. • Correct, and comolele, Please Sign X Here — Signature Dale Hello