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HomeMy WebLinkAbout20060323.tiff a FRONTIER CRUDE OIL DIVISION ORDER TO: Frontier Oil and Refining Company Date: June 28, 2005 4610 South Ulster Street, Suite 200 Lease No: CO-1344 Denver, Colorado 80237-2633 Contract No: 0506-007P Telephone (303) 714-0100 Operator: CFG Energy, Inc. Fax (303) 714-0163 Prepared By: Shelley Border The undersigned, and each of them, guarantee and warrant that they are the legal owners in the proportions set out below of all the oil, condensate and/or other hydrocarbons produced from the PRONGHORN #12-9 described as: Township 5 North, Range 61 West, 6th P.M. Section 9: SW/4 NW/4 in WELD County, State of COLORADO, and commencing at 7 a.m. on the FIRST day of JUNE, 2005, and until further written notice either from you or us, you are authorized to receive oil therefrom, giving credit as directed below: OWNER NO. CREDIT TO DIVISION/KIND OF INTEREST • FOR DIVISION OF INTEREST SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF THE COVENANTS APPEARING ON THE REVERSE SIDE HEREOF ARE ALSO PART OF THIS DIVISION ORDER AND SHALL BE BINDING ON THE UNDERSIGNED,THEIR SUCCESSORS,LEGAL REPRESENTATIVES,AND ASSIGNS: NOTICE: The U.S.Internal Revenue Service requires that owners furnish their Social Security or Employer Identification Number. Please insert this number in the space below the signature line.Read the terms on the back before signing below.If executing on behalf of a corporation,indicate your official capacity,impress the corporate seal,and have your signature attested by the secretary of the corporation. Signature of One - Signature of Mail Check To The Witness or Attest Owner Following Address (Please Print or Type) 6r 'my 0 6 Y 9 ` ')) /Clerk to the Board Ctiu r In, or,rr o not Con mi- io g • ''''r, gt1 di ni4 ai i '?r° '- P.0. Box 758 86 813 Greeley. CO 80632 r -2-dr d � - ono oyer ID Number By: Title: Social Secutlty/Employer ID Number 2006-0323 / ) 4 _- re : !-At (I oii5 � Oa/3 FIRST: The oil received and purchased hereunder shall become your property as soon as the same is received into your custody or that of any carrier designated by you. SECOND: The oil received and purchased hereunder shall be delivered F.O.B.to any carrier designated by you which gathers and receives said oil, and you agree to pay for such oil to the respective owners according to the division of interest above specified at the price posted for oil of the same grade and gravity in the same producing field on the date said oil is received by you. If the oil should be sold by you to another purchaser accepting delivery thereof at the lease tanks, settlement therefor shall be based upon the price received by you for such oil and upon the volume computation made by such purchaser. THIRD: Quality and quantity shall be determined in accordance with the conditions specified in the price posting. You may refuse to receive any oil not considered merchantable by you. FOURTH: Settlements and payments shall be made monthly for oil received and purchased during the preceding month, by check mailed to the respective parties at the address above given,for the amount of such purchase price due said parties respectively, less any taxes required by law to be deducted and paid by you as purchaser. If at any settlement date the amount payable to any party hereunder shall be less than twenty-five dollars($25.00)per month,settlement may be made annually,without interest. FIFTH: Satisfactory abstracts or other evidence of title will be furnished you at any time on demand. In the event of failure to furnish such evidence of title, or in the event of any dispute or question at any time concerning the title to said land and/or the oil produced therefrom, you are authorized to withhold the proceeds of all oil received and run, without interest,until such dispute,defect or question of title is corrected or removed to your satisfaction,or until indemnity satisfactory to you has been furnished;and in the event any action or suit is filed in any court affecting the title to the land above described or the oil produced therefrom,to which any of the undersigned is a party,written notice of the filing of such suit or action shall be immediately furnished you by the undersigned,stating the court in which the same is filed and the title of such suit or action. You will not be responsible for any change of ownership in the absence of actual notice and satisfactory proof thereof. You are hereby relieved of responsibility for determining if and when any of the interests hereinabove set forth shall revert to or be owned by others as a result of the completion or discharge of any payment or the termination of any estate or disability. SIXTH: This Division Order shall become valid and binding on each and every owner above named as soon as signed by him or her regardless of whether or not any of the other above named owners have so signed; and in consideration of the purchase of oil hereunder, consent is hereby given to you and/or any pipeline company which you may cause to connect with the wells and/or tanks on said land,to disconnect and remove such pipelines,in case of termination by either you or us of purchase under this Division Order. Any change in interest or ownership shall be effective as to Purchaser on the first day of a calendar month,following date of receipt. SEVENTH: Working Interest Owners and/or Operators who sign this Division Order,and each of them,guarantee and warrant,for your benefit and that of any pipeline or other carrier designated by you to run or transport said oil,that all oil tendered hereunder has been or will be produced in accordance with applicable laws and official rules and regulations. Royalty Owners who sign this Division Order recognize as valid and subsisting in full force and effect all oil and gas leases of record held by the within named Working Interest Owners, which cover or purport to cover Royalty Owner's interest in the above described lands as well as any unit and the same are hereby ratified, adopted and confirmed. Insofar as necessary to effect the purposes of this provision, this instrument shall be construed as containing words of present grant. FRONTIE EXHIBIT "A" ATTACHED TO AND MADE PART OF FRONTIER OIL AND REFINING COMPANY CRUDE OIL DIVISION ORDER DATED JUNE 28, 2003 PRONGHORN#12-9 Lease No. CO-1344 Page 1 of 1 OWNER NO. CREDIT TO DIVISION/K1ND OF INTEREST 2313 Weld County Board of Commissioners .12500000 RI P.O. Box 758 Greeley, Colorado 80632-0758 1535 CFG Energy, Inc, For Distribution .87500000 NWI To All Working Interest Owners 3932 West 18th Street Lane Greeley, Colorado 80634 TOTAL 1.00000000 RI = Royalty Interest ORI=Overriding Royalty Interest NWI= Net Working Interest(Net Revenue Interest) FRONTIER OIL and REFINING COMPANY a Subsidiary of Frontier Refining&Marketing Inc. FRONTIER 4610 S.ULSTER STREET,SUITE 200 DENVER,COLORADO 80237-2633 (303)714-0100 December 7, 2005 Weld County Board of Commissioners P.O. Box 758 Greeley, Colorado 80632-0758 Re: Pronghorn#14-4 Lease No. CO-1342 Pronghorn#12-9 Lease No. CO-1344 Weld County, Colorado Greetings: Frontier purchases the crude oil production from the referenced wells and distributes proceeds to the interest owners. Weld County Board of Commissioners has not returned executed Division Orders to us for either well and as a result your account remains in suspense. The amount in suspense totals $5,362.40. If you disagree with your interest as it appears on our Division Orders or have other reason(s) for not executing your Division Orders, we would appreciate your letting us know. Otherwise,please return one fully-executed copy of each Division Order to my attention at the above address. For your convenience, we have enclosed duplicate copies of our Crude Oil Division Order for each well. Thank you for your cooperation and assistance in this matter. Please feel free to contact us if you have any questions. Sincerely, Ai(La E Shelley Border Division Order Department enclosures C wise.a�t 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. • Cou A oniey DATE: / "�1� /c>G, Hello