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HomeMy WebLinkAbout20031177.tiff RESOLUTION RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - PRIMA OIL AND GAS COMPANY 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, Prima Oil and Gas Company, 1099 18th Street, Suite 400, Denver, Colorado 80202, submitted a request to extend the lease of 1.20 net mineral acres, more or less, located in Section 34, Township 6 North, Range 67 West of the 6th P.M., Weld County, Colorado, and being more fully described in Exhibit A, to the Small Tract Oil and Gas Lease found in the Records of the Weld County Clerk and Recorder, at Reception #2803465, on October 30, 2000, and WHEREAS, Weld County desires to approve the request submitted by Prima Oil and Gas Company, to extend the lease on the above-described mineral acreage for an amount 1/3 of the original bonus of$200.00, or$67.00, together with a rental fee of one dollar($1.00) per net mineral acre, or $2.00, for a total of $69.00, which is to run for a period of six (6) months, commencing August 21, 2003, and ending February 21, 2004. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the request submitted by Prima Oil and Gas Company, to extend the lease on the above-described mineral acreage, for an amount 1/3 of the original bonus of$200.00, or $67.00, together with a rental fee of one dollar($1.00) per net mineral acre, or$2.00, for a total of $69.00, which is to run for a period of six (6) months, commencing August 21, 2003, and ending February 21, 2004, be, and hereby is, granted and approved. 2003-1177 LE0228 RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE - PRIMA OIL & GAS CO. PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 12th day of May, A.D., 2003. BOARD OF COUNTY COMMISSIONERS WEL OUNTY, COLORADO alietida% E .� � vi Lo , Chairman 1861 ,� C:iJ\ Clerk to the Board a, • Robert D. den, Pro- em ®= y Clerk to Board M. J. eile AP V AS TO `72, Williya/rp�H. JerkL ounty Attorne) Glenn Vaad Date of signature: 4-',00/m3 2003-1177 LE0228 4//, hiMAY 0 8 2003 Prima Oil & Gas Company WELD COUNTY May 6, 2003 ATTORNEY'S OFFICE Board of County Commissioners Weld County do Weld County Centennial Center 915 10th Street P. O. Box 758 Greeley, CO 80631 Re: Oil & Gas Lease dtd 8/21/00 1.20 acres T6N-R67W, Sec. 34 Weld County, CO Gentlemen: Prima Oil & Gas Company hereby requests a six-month extension of the captioned lease. A copy of the lease is attached for your review. Enclosed is our check number 65799 in the amount of $69.00 which represents the following: 1) $1.00/acre (1.20 acres) = $2.00 2) 1/3 of original bonus of$200.00 = $67.00 We are in the process of trying to put together a drilling program and would appreciate having the lease extended until February 21, 2004. Thank you for your cooperation and if you have any questions, please contact me at (303) 297-2300. Very truly yours, PRI A OIL & GAS COMPANY o Myers//��A Landman Enclosure 2003-1177 1099 18'" Street • Suite 400 • Denver, Colorado 80202 Office: 303.2972300 • Fax: 303.2977708 • www.primaenergy.com Hello