HomeMy WebLinkAbout810003.tiff RESOLUTION
RE: APPROVAL OF GAS AND OIL DIVISION ORDER FOR VAUGHN PETROLEUM
INC. , 3700 FIRST INTERNATIONAL BLDG, 1201 ELM ST. , DALLAS,
TEXAS, 75270 AND AUTHORIZATION FOR CHAIRMAN TO SIGN SAME
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 Vaughn Petroleum, Inc. Said lease covers land more
particularly described as follows, to-wit:
The Southwest Quarter of Southwest Quarter (SW4SW4)
of Section 10, Township 7 North, Range 58 West of
the 6th P. M. , Weld County, Colorado.
WHEREAS, Vaughn Petroleum, Inc. , has submitted a Gas and Oil
Division Order on the subject property.
NOW, THEREFORE, BE IT RESOLVED by the Board of County
Commissioners of Weld County, Colorado that said Board does
hereby approve the Gas and Oil Division Order for Vaughn Petroleum,
Inc. , and further authorized the Chairman of the Board to sign
same.
The above and foregoing Resolution was, on motion duly
made and seconded, adopted by the following vote on the 14th
day of September, A. D. , 1981.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ABSENT
Chuck Carlson, Chairman
(Aye)
Norman Carlson, Pro-Tem
ATTEST: f(d c 0-4.—• . - -- -NA--
A-- /
A'"X.127 (Aye)
Weld County Clerk and Recorder C. W., Kirby /
Clerk to th Board ✓ ;
/ A e
BY: ',(v,, ,K.Q� lA , 6G T. Martin
Deputy Coun Clerk
APO ED AS TO FORM: K. S nmark
C.... i
County Attorney
DATE PRESENTED: SEPTEMBER 14 , 1981
LHR914
/ eoo^Aa 810003
DIVISION ORDER DO No. 8157
Septenber 4 , 1981
•
TO VAUGHN PETROLEUM INC., 3700 First International Bldg. , 1201 Elm St. ,
Dallas , Texas 7527O
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 produced from the
Eldon N. Schmeeckle #1 Farm, described as:
Southwest Quarter of Southwest Quarter (SW/4 SW/4) of
Section 10 , Township 7 North, Range 58 West
in Weld County, State of Colorado , and commencing at 7 a.m. ,
date of first production
subject to the Covenants appearing on Page Two (2) hereof, which same are binding upon the
undersigned, their heirs, devisees, successors, legal representatives and assigns, you are
authorized until further written notice either from you or from us to receive oil there-
from, giving credit as directed below:
CREDIT TO DIVISION OF
INTEREST
SEE ATTACHED
SIGNATURE SOCIAL SECURITY NO.
�WITNESS OF SIGNATURE OF OWNER OR TAX ACCOUNT NO.
• ' t _t" �� /� (i 1/ `)
ATTEST: L�/� �;fdd�R/(�tmy t,:ic-F�o�1.�.— S-/ G C�("fJ - (7�3
WELD COUNTY CMRK & RECORDER AND Chairman Pro Ten
Q,� 1O BOARD c Board of County Conmtissioners
/ L� Jt�i/ Skid C.n.nLy, ColtLado
:i ,CSC /C
puty County Clerk
MAIL CHECKS TO: --
(Print or Type Your Complete Address)
The following covenants are also parts of this division order, and shall be
binding upon the undersigned, their successors, legal representatives and. assigns:
FIRST: The oil run hereunder shall become your property upon actual delivery
thereof into any gathering or trunk line of any pipe line company designated by you.
SECOND: The oil received and purchased in pursuance hereof shall be delivered
f.o.b. to you or to any gathering system or pipe line designated by you which gathers and
receives the same, and shall be paid for monthly to the owners set out above at the same
price received by Vaughn Petroleum, Inc. , by mailing or delivering to each of them a bank
check for the amount due on account of oil purchased hereunder less any taxes required by
law to be deducted by you as purchaser. You are authorized to reduce the price by those
truck, barge, tank car, or pipe line transportation charges agreed upon between you and
the operator. Pipe line grades and measurements shall govern and control in all settle-
ments, quantities to be computed from correctly compiled tank tables showing the full capac-
ity of the tank. At your option, no payment shall be made to any owner of any amount
less than Ten Dollars ($10.00) until such amount accumulates except on termination hereof;
provided that, regardless of the total, payment of accumulated amounts shall be made in
the month of December of each year.
THIRD: You shall correct the volume to a temperature of sixty degrees (60O) Fahr-
enheit and you shall deduct from such corrected volume the full percentage of basic sediment,
water and other impurities as shown by your test. You are to receive merchantable oil
only under the terms of this division order.
FOURTH: Satisfactory abstracts or other evidence of title will be furnished to
you at any time on demand. In the event of a failure so to furnish such evidence of title,
or in the event of an adverse claim, question or dispute at any time concerning the title
to such oil or any part thereof or to the land from which such oil is produced, you may
hold the proceeds of all oil received and run, to the extent of the interest involved in
such adverse claim, question or dispute, without interest, until indemnity satisfactory to
you has been furnished or until said claim, question or dispute as to ownership has been
finally settled or finally determined. In the event any action or suit is filed in any
court affecting the title either to the real property above described or to the oil pro-
duced therefrom in which any of the undersigned are parties, written notice of the filing
of said action shall be immediately furnished you by the undersigned stating the court
in which the same is filed and the title of such action or suit.
You and/or any carrier transporting oil for your account shall be held harmless
by each party to this division order to the extent of each party' s interest, as set forth t
in this division order, from any judgment rendered againstyou or it on account of re-
ceiving, purchasing, paying for or transporting the oil credited to such party' s interest.
FIFTH: You will not be responsible for any change of ownership in the absence
of actual notice and satisfactory proof thereof.
SIXTH: In consideration of the purchase of oil hereunder, consent is hereby given
to you and/or any pipe line company which you may cause to connect with the wells and/or
tanks on said land, to disconnect and remove such pipe line in case of termination- by
either you or us of purchases under this division order.
SEVENTH: If this division order contains any provision or provisions calling for
the payment out of any part of the proceeds of the oil purchased hereunder of any sum or
sums limited to a definite amount or amounts, or if any interest is actually so limited
but no definite amount is stated herein, or, if the payment of any part of the proceeds
hereunder is limited to a time, either definite or indefinite, whether or not such time
is stated herein, it is understood that the distribution and application of such proceeds
by Vaughn Petroleum, Inc. , for the benefit of the parties concerned is purely for the
accommodation of such parties and that Vaughn Petroleum, Inc. , assumes no responsibility
for errors resulting in over or under payment, or a wrong payment, of such sum or sums,
and it may without liability continue payments unless and until it has been furnished
with written notice to desist by any party concerned.
EIGHTH: Each of the signatory parties who owns a royalty interest in the lands
above described recognizes as valid and subsisting and in full force and effect all oil
and gas leases of record held by the herein named working interest owners, which cover
or purport to cover his (her) interest in said lands as well as the above mentioned pooled
unit (if this division order covers a unit) and the same are hereby adopted, ratified
and confirmed.
NINTH: 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.
TENTH: All written notices provided for herein shall be given to the party to
receive the same, at the address of such party stated herein.
Page 2
ELDON N. SCHMEECKLE #1
SW/4SW/4 Sec 10-T7N-R58W
Weld County, Colorado
* BPO * APO
ROYALTIES AND OVERRIDING ROYALTIES
County of Weld . 12500 . 12500 RI
Board of County Commissioners
Weld County Centennial Center
915 10th Street
Greeley, Colorado 80631
Robert K. Taylor . 01750 .01750 ORR
5735 Pineland Drive
Dallas, Texas 75231
Thomas E. Scott .01750 .01750 ORR
325 Canyon Valley Drive
Richardson, Texas 75080
Dale O. Reese .00840 . 00840 ORR
6816 Roundrock
Dallas, Texas 75248
Earle S. Lougee . 00580 . 00580 ORR
6714 Orchid Lane
Dallas, Texas 75230
Benny D. Duncan .00580 . 00580 ORR
3700 First International Bldg.
Dallas, Texas 75270
. 18000 .18000
WORKING INTEREST
Wiggins, Townsend & Co. .46125 .42345 WI
One North Park East, Suite 310
Dallas, Texas 75231
Vaughn Petroleum, Inc. . 15375 . 14115 WI
3700 First International Bldg.
Dallas, Texas 75270
Vaughn Bros. Oil Company .20500 . 18820 WI
3700 First International Bldg.
Dallas , Texas 75270
Tasco Exploration Company, Inc. -0- .06720 WI
325 Canyon Valley Drive
Richardson, Texas 75080
. 82000 . 82000
* Until certain costs have been recovered in accordance with
Letter Agreement dated January 14, 1980 , between Vaughn Bros.
Oil Company, successor in interest to Vaughn Petroleum, Inc.
and Taylor-Scott.
VAUGHN BROS . OIL COMPANY
3700 FIRST INTERNATIONAL BUILDING
DALLAS,TEXAS 75270
BENNY DUNCAN
VICE PRESIDENT AND LAND MANAGER :\.\\
September 4 , 1981 �► y
c33 { �O
TO ALL INTEREST OWNERS:
Re: Eldon N. Schmeeckle #1
Weld County, Colorado
Enclosed are two copies of division order #8157 covering
the Eldon N. Schmeeckle #1 located in the SW/4SW/4 of
Section 10, Township 7 North, Range 58 West, Weld County,
Colorado.
If the interest stated therein is correct, please
execute in the space provided on the front page, have
your signature witnessed and return one copy to this
office, retaining one copy for your files. We also ask
that you provide us with your Social Security or Tax
Identification numbers.
Your prompt attention to this matter will be appreciated.
Very truly yours,
QA
Kerrie Braungardt
Landman
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