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HomeMy WebLinkAbout20062878 i 475 RESOLUTION RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - NW1/4, S12, T7N, R64W 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, EnCana Oil and Gas (USA) Inc., submitted a request to extend the lease of 160 net mineral acres, more or less, described to-wit: NW1/4 of Section 12, Township 7 North, Range 64 West of the 6th P.M., Weld County, Colorado, and WHEREAS,Weld County desires to approve the request submitted by EnCana Oil and Gas (USA) Inc., to extend the lease on the above-described mineral acreage for$10.00 per net mineral acre, for a total sum of $1,600.00, 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 November 5, 2006, and ending May 5, 2007, and WHEREAS,Weld County desires to approve the request submitted by EnCana Oil and Gas (USA) Inc.,to extend the lease on the above-described mineral acreage for$10.00 per net mineral acre, for a total sum of$1,600.00, 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 November 5, 2006, and ending May 5, 2007, and NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the request submitted by EnCana Oil and Gas (USA) Inc., to extend the lease on the above-described mineral acreage for$10.00 per net mineral acre, for a total sum of $1,600.00, 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 November 5, 2006, and ending May 5, 2007, be, and hereby is, granted and approved. MID 11111 11111 1111111 111 111111 111111 111 VIII IIII IIII 3430475 10/27/2006 01:19P Weld County, CO 1 of 2 R 0.00 D 0.00 Steve Moreno Clerk & Recorder 2006-2878 LE02 t LET 2113 ffC . E/AC5,.r4 • • RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - NW1/4, S12, T7N, R64W PAGE 2 BE IT FURTHER RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the request submitted by EnCana Oil and Gas (USA) Inc., to extend the lease on the above-described mineral acreage for$10.00 per net mineral acre,for a total sum of$1,600.00, 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 commencing November 5, 2006, and ending May 5, 2007, be, and hereby is, granted and approved, with said amount to be paid to the Weld County Clerk to the Board within ten (10) days from the date of approval by the Weld County Board of County Commissioners. The above and foregoing Resolution was,on motion duly made and seconded, adopted by the following vote on the 16th day of October, A.D., 2006. BOARD OF C UNTY COMMISSIONERS WELD CO Y, COLORADO ATTEST: LI ., tsar t O';-Q. P 1 . J. ei e, irman Weld County Clerk to the a � ` : EXCUSED - David E. Long, Pro-Tem BY: pU' y tC(.. Deputy lerk t he Board EXCUSED William H. Jerke APPI1O'ED AS TQ M \� Robert D. sden Coutity Attorney -a,1/2y affrita Glenn Vaad - JJ Date of signature: h.-42"k I IIIIII IIIII VIII 1111111 III In IIIIII III 11111 IIII 1111 3430475 2 of 2 R 0.00 D 0.00 Steve Moreno Clerk&0 Recorder 2006-2878 LE021G LEOtV1 ENCANATM 370 17th Street tse (303)623-2300 Suite 1700 ax (303)623-2400 Denver, CO 80202 www.encana.com EnCana Oil & Gas (USA) Inc. MAILED CERTIFIED-RETURN RECEIPT REQUESTED September 25, 2006 Weld County Colorado Board of County Commissioners P. O. Box 758 Greeley, CO 80632 Re: T7N, R64W, Section 12: NW/4 Weld County Oil and Gas Lease dated November 5, 2003, Recorded at Reception#3141449, Weld County, Colorado Gentlemen: Pursuant to paragraph 24 of the referenced oil and gas lease, EnCana Oil & Gas (USA) Inc., would like to extend the primary term of the Lease for an additional six month period beginning November 5, 2006. Enclosed herewith is EnCana's check in the amount of$1760.00 which represents one-third of the original bonus (or$10.00 minimum per acre),plus the $160.00 annual rental. Please let us know of the board's decision at your earliest convenience. Should you have any questions,please contact me at 720-876-3722. Very truly yours, ENCANA OIL & GAS (USA) INC. Lesley Hall Land Coordinator tir 2006-2878 TM Trade-Mark of EnCana Corporation.Used under license. Hello