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HomeMy WebLinkAbout20260526 Use by Special Review (USR) Application Plannin De artment Use: Date Received: Amount$ Case#Assigned: Application Received By: Planner Assigned: Property Information Is the property currently in violation? O(No/ ❑ Yes Violation Case Number: Parcel Number: / y 7 5 - 1 2- -3-3 3- () 3 Site Address: y/ 58 CUvo j R d. 5 9 J eenrS bur Cv . ?o q 3 Legal Description: T SW /2- / - Y L OTC eEc rx- i�p/ Re - P � `f Section: /2- , Township / N, Range 61/ W Zoning District: A G Acreage: /015-1 Within subdivision or townsite?txf No/ 0 Yes Name: Water(well permit#or water district tap#): /eiir' 2 U ??1 Sewer (On-site wastewater treatment system permit#or sewer account#): sp 15 U 002`f Floodplain RI'No/ ❑ Yes Geological Hazard F No/ ❑ Yes Airport Overlay ] No/ 0 Yes Project // USR Use being applied for: JUG ) enr-oe 1 Name of proposed business: ICS N a,- Property Owner(s) (Attach additional sheets if necessary.) Name: M QrI anrc and SCO7L7t yau_re,- // Company: 'ed N 3/.SCuif Tnn/ Tnc- Phone#: '72-0 3,Z3 UV 7 Email: /i7etriGi,Dvi-Gc 8 �.`/. Gvfi-- 5Cof// girt/f /�7a 0 Street Address: 1/J 5-8! // led 5 9 / yap I. City/State/Zip Code: .4e.t'nrs hurl CO ?UL0N 3 (0.1- APPLICANT/AUTHORIZED AGENT (Authorization Form must be included if there is an Authorized Agent) Name: Company: Phone#: Email: Street Address: City/State/Zip Code: I (We) hereby depose and state under penalties of perjury that all statements, proposals, and/or plans submitted with or contained within the application are true and correct to the best of my(our)knowledge.All fee owners of the property must sign this application, or if an Authorized Agent signs, an Authorization Form signed by all fee owners must be included with the application. If the fee owner is a corporation, evidence must be included indicating the signatory has the legal authority to sign for the corporation. J //~11,--e. /2 4/2 5- //)5"--- Signature Date S gn are Date ,a/7,?? /vie Print Print Use by Special Review(USR) Planning Questionnaire 1. Bed and Biscuit Inn is a dog boarding and grooming facility 2. Bed and Biscuit Inn customers need a safe place to board their dogs while traveling, and a portion of our clients utilize our day care service, so their dogs are not left alone while at work. 3. The current use is operating the Bed and Biscuit Inn business and our personal residence. This has been the current use of the land since 2016. Before that was just Lindi Wiliamson's residence before they started the boarding facility. 4. The boarding facility is approximately 100 yards from our home. We only have two neighbors. One to the west approximately several hundred yards away and one to the east and is approximately'/4 mile away. 5. The property is in a rural agricultural area surrounded by farms, pastureland, and large-lot residences. The kennel use is compatible with the existing animal=focused, low-density character of the area. Our large acreage provides natural buffers, and noise and traffic are minimal due to supervised outdoor time, indoor kenneling at night, and staggered dop-off/pick-up times. Overall, the kennel operates in a way that remains low-impact and respectful of neighboring properties. 6. 7am-12pm and 4pm-8pm 7 days a week and 4pm-7pm during winter hours 7. There are 4 employees that are all part-time. Business/shift hours are 7am-12pm and then 4pm to 7pm (winter hours)4pm to 8pm (summer hours) 8. The site accommodates up to 60 dogs and 2-4 staff at a time. Customers'visits are limited to brief, staggered drop-offs and pick-ups. Typically, one customer at a time is in the lobby. 9. 60 is the maximum number of dogs that can utilize the facilty at any given time. This only happened twice in 2025. 4th of July and Thanksgiving. 10.We do not have any operating or processing equipment on the premises 11.There are 2 structures currently used. Main boarding facility is a metal building and then on the south side of the building there is a smaller wooden shed structure that is used for dogs that need a smaller quieter facility and is also used in case a dog becomes ill. It allows for separation. 12.There is a storage/utility room in the main boarding building. There are no other needs for stockpiles, storage or waste. 13.We currently have BCD garbage removal that comes every other week on Thursdays. 14.The business has been operating since 2016, so construction is already done 15. Driveway and parking lot are recycled concrete and total approximately 3000 square feet. The dog runs in the back of the kennel, and the north side are pea gravel and is approximately 3500 square ft. There are two landscape boxes with mulch and flowers/plants directly in front of the kennel and each are approximately 32 square feet. The main kennel building is a metal structure and is approximately 2800 square ft. The shed on the south side of the building is a wooden structure shed and is approximately 240 square ft. There is approximately'/z acre of native grass directly in front of the kennel. 16.There are four parking spaces directly in front of the building and 1 is designated as handicap parking. 17.There are 3 separate fenced in dog runs on the east side of the building and 5 smaller fenced in areas on the north side of the building used for dogs that do not play well with others. 18.The front of the building is currently landscaped with mulch, flowers, trees, and an antique wagon. 19. If the kennel operation is ever phased out, all temporary equipment,fencing materials, and kennel materials, would be removed and the site would be cleaned and cleared of waste. Existing buildings will be reused for standard agricultural or residential purposes consistent with the zoning. 20.The site has multiple fire extinguishers, clear exits, and defensible space around the buildings. Waste is stored in non-flammable metal containers. An established evacuation plan allows animals to be moved quickly to on-site barns/pastures or nearby fairgrounds if needed. 21.The proposed kennel use is consistent with the Weld County Comprehensive plan because it supports rural agricultural compatible businesses maintaining the low- density character of the area and makes productive use of existing buildings and infrastructure. The operation does not strain public services, and creates minimal traffic and protects the health, safety, and welfare of nearby residents. The kennel fits the intent of chapter 22 by promoting responsible rural economic activity while preserving the agricultural character of the surrounding community. 22.The proposed kennel is consistent with the intent of the agricultural zone district because it supports a rural animal related use that aligns with the character and purpose of the district. The operation fits within the low-density agricultural setting, uses existing structures and open land and does not interfere with surrounding farming or residential activities. The kennel preserves the rural character intended by the zone district. 23.The kennel is a low impact rural use that will not interfere with future agricultural or residential development. It uses existing structures, generates minimal traffic and maintains buffers so surrounding properties can develop according to local master plans. 24.The proposal protects neighborhood health safety and welfare by maintaining low traffic, controlling noise, keeping the property clean and following strict animal care and sanitation practices. Emergency plans, secure fencing, and supervised operations ensure the kennel remains safe and has a low impact for nearby residents. 25.There are currently no irrigations features on the property. The kennel was placed in already developed areas of the property avoiding disturbance to prime agricultural land. Existing buildings are being used, and open agricultural areas remain intact. 26.The property is not located within any overlay zoning district or mapped special flood hazard area. Therefore, the proposal complies with articles V and XI and no additional requirements apply. 27.The kennel is fully licensed through the Colorado Department of Agriculture under PACFA and operates in accordance with all state standards for animal care, sanitation, and safety. 28.Well water. Copy of permit included. 29.Septic system is already installed. Copy of septic permit included. 30.Storage and warehouse are not applicable. 31.The only chemicals stored on facility are cleaning supplies and they are in the supply closet. 32.There are two propane tanks on our property. One that supplies the house and one that supplies the kennel. 33.There will be no washing of vehicles or equipment on the property. The Kennel floors are washed daily and there is a drain down the middle of the building 34.There are two floor drains that run down the middle of the building and they go into the septic system 35.There is no air emissions generated from the business 36. Not applicable 37. Only potential on-site nuisance would be noise. To mitigate the noise the dogs are rotated outside twice per shift. From 8pm-7am there is little to no noise at all as the dogs are inside all night. Same applies from 12pm-4pm daily as the facility is closed and the dogs are inside. As previously mentioned, the business has been in operation since 2016 and to our knowledge there has never been a noise complaint. 38. Ok Development Review Questionnaire 1. Access to the property is from County Road 59, approximately 1 mile south of Hwy 52. No new access points are proposed. Access to the kennel splits off from the main residential driveway. The property is currently used for residential and agricultural purposes with an existing dog kennel business. 2. No changes are anticipated to the existing access. 3. There is a manual swing gate providing access to the residential portion of the property, where the driveway splits toward the kennel. There is no separate gate for the kennel; only the residence is gated. 4. The property has one entrance/exit on County Road 59. This access point is located approximately 1/4 mile north of County Road 10 and approximately 1 mile south of Hwy 52. 5. There are no visibility issues when turning onto County Road 59. Traffic can be clearly seen from both the north and the south when exiting the property. 6. There are no curved roads in the immediate vicinity. Nearby roads are straight and run north—south. 7. The topography is flat in all directions as you enter and exit the property. Drainage Narrative 1. The exception being requested for consideration: We are requesting Exception #13. Our parcel is greater than 5 gross acres in size and therefore qualifies for a one-time exception for a new 9,000 sq. ft. area of 100% impervious surface or equivalent imperviousness. 2. Existing and proposed improvements to the property: There are no existing or proposed new improvements to the property related to this request. 3. Where the water originates if it flows onto the property from an off-site source: If water flows onto the property from an off-site location, it originates along the northern property line. 4. Where the water flows as it leaves the property: Water flows to the south and collects in the existing retention pond located in the southeast corner of the property. 5. The direction of flow across the property: The water flows generally from north to south across the property. 6. Previous drainage problems with the property, if any: There have been no drainage issues with this property. 7. The location of any irrigation facilities adjacent to or near the property: There are no irrigation facilities adjacent to or near the property. 8. Any additional information pertinent to the development: There is no additional information pertinent to the development. The building has been in place since 2016 and has not experienced any drainage problems. .— . . — , ._ — —. __. — — — ... — , ..,._. _ . _. • — _ _ —... ..... —..........................._ ' 1"6..', , . — — — - . , iii [111111 , 0 1 , i 1 . I 'II . 11 Ill i,111 'i ill111 i ilt. ! ,. , . , I 1. IIII. 1,1,' ,Ilia, Ir , WASTE HANDLING & NUISANCE ABATEMENT PLAN Bed N Biscuit Inn - Keenesburg, CO 1. Purpose This plan outlines the procedures used by Bed N Biscuit Inn to properly manage solid and liquid waste generated by dogs at the facility and to minimize or eliminate nuisances such as odors, pests, insects, and environmental impacts. 2. Waste Handling Procedures A. Solid Waste (Dog Feces) • Solid waste is picked up 2-4 times per day and at the end of each staff shift. • Waste is collected in secure waste bags and placed into a lidded metal trash can. • At the end of each day, bagged waste is transferred to the on-site dumpster. • The dumpster has metal bars across the top to prevent wind and wildlife access and is emptied twice per month. B. Liquid Waste & Cleaning Water • Kennels and runs are cleaned using bleach and Odoban disinfectant. • Floors and exterior runs drain toward built-in floor drains. • Mop and cleaning water are disposed of in the utility room floor drain. • The facility septic system handles all wastewater according to regulations. 3. Odor Control • Frequent waste pickup reduces odors. • Daily disinfecting with Odoban neutralizes smells. • Proper ventilation and clean drains prevent moisture buildup. • Dumpster remains closed and secured at all times. 4. Nuisance Abatement: Pests & Insects A. Rodent Control • Commercial-grade mouse traps are used in non-accessible locations. • Dog food is stored in sealed, chew-resistant containers. • Waste bins and the dumpster remain closed at all times. B. Insect Control • Fly tape and hanging fly traps are used around the property. • Pet-safe pest spray is applied as needed. • Regular sanitation of drains, waste areas, and feeding sites reduces insect activity. • Standing water is not allowed on the property. C. General Cleanliness • Outdoor areas are routinely cleaned of waste. • Structures and fencing are inspected to prevent nesting sites. • Waste storage areas are kept clean and enclosed. 5. Staff Training • Staff are trained in waste handling, disinfecting, pest control, and odor prevention. • Training is documented and refreshed periodically. 6. Environmental Protection • Waste is managed to prevent soil or water contamination. • Septic system is maintained per county guidelines. • No waste or chemicals are discharged outdoors. Traffic Narrative— Bed N Biscuit Inn (Low-Impact Traffic Statement) Bed N Biscuit Inn generates very limited daily traffic, averaging approximately 10 customer drop-off/pickup trips per day. These trips are small in scale and consist solely of personal-use vehicles such as cars and pickup trucks. No commercial fleets or high-volume vehicle types are associated with daily operations. Employee traffic is also minimal. The facility operates with 2 employees per shift and 2 shifts per day, resulting in only 4 employee round trips daily. The business receives one weekly delivery, typically from a standard FedEx or UPS truck, which does not contribute measurable traffic volume. All traffic enters and exits through the single driveway connection on County Road 59, with approximately 90% of vehicles traveling to and from the northbound direction. This creates a predictable, low-impact traffic pattern. Operating hours are structured to further reduce concentrated traffic. Customer appointments are limited to two designated service windows-7:00 a.m.-12:00 p.m. and 4:00 p.m.-8:00 p.m. The facility is closed to customers between 12:00 p.m. and 4:00 p.m., preventing midday congestion. Because all drop-offs and pickups are scheduled by appointment, vehicle arrivals are naturally staggered, ensuring a consistent, low-volume flow rather than peak surges. Overall, the traffic generated by Bed N Biscuit Inn is low, controlled, and well-distributed, resulting in a negligible impact on County Road 59 and surrounding transportation infrastructure. WASTE HANDLING & NUISANCE ABATEMENT PLAN Bed N Biscuit Inn - Keenesburg, CO 1. Purpose This plan outlines the procedures used by Bed N Biscuit Inn to properly manage solid and liquid waste generated by dogs at the facility and to minimize or eliminate nuisances such as odors, pests, insects, and environmental impacts. 2. Waste Handling Procedures A. Solid Waste (Dog Feces) • Solid waste is picked up 2-4 times per day and at the end of each staff shift. • Waste is collected in secure waste bags and placed into a lidded metal trash can. • At the end of each day, bagged waste is transferred to the on-site dumpster. • The dumpster has metal bars across the top to prevent wind and wildlife access and is emptied twice per month. B. Liquid Waste & Cleaning Water • Kennels and runs are cleaned using bleach and Odoban disinfectant. • Floors and exterior runs drain toward built-in floor drains. • Mop and cleaning water are disposed of in the utility room floor drain. • The facility septic system handles all wastewater according to regulations. 3. Odor Control • Frequent waste pickup reduces odors. • Daily disinfecting with Odoban neutralizes smells. • Proper ventilation and clean drains prevent moisture buildup. • Dumpster remains closed and secured at all times. 4. Nuisance Abatement: Pests & Insects A. Rodent Control • Commercial-grade mouse traps are used in non-accessible locations. • Dog food is stored in sealed, chew-resistant containers. • Waste bins and the dumpster remain closed at all times. B. Insect Control • Fly tape and hanging fly traps are used around the property. • Pet-safe pest spray is applied as needed. • Regular sanitation of drains, waste areas, and feeding sites reduces insect activity. • Standing water is not allowed on the property. C. General Cleanliness • Outdoor areas are routinely cleaned of waste. • Structures and fencing are inspected to prevent nesting sites. • Waste storage areas are kept clean and enclosed. 5. Staff Training • Staff are trained in waste handling, disinfecting, pest control, and odor prevention. • Training is documented and refreshed periodically. 6. Environmental Protection • Waste is managed to prevent soil or water contamination. • Septic system is maintained per county guidelines. • No waste or chemicals are discharged outdoors. • 3901066 Pages: 1 of 21 01/07/2013 04:42 PM R Fee:$111,00 Slave Morena. Clerk and Recorder, Weed County. CO ■!II Pei P1llIl !fi.jI+Fh r l 1111 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN TEE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER, SPECIAL WARRANTY DEED ASSIGNMENT,BILL OF SALE AND CONVEYANCE By the terms of this Special Warranty Deed,Assignment,Bill of Sale and Conveyance(this "Deed"), L..Alice Collister, acting individually and as the wife of William B. Collister;William B.Collister, also known as Buchtel Collister,acting individually and as husband of L. Alice Collister; ACEE BCEE, a Wyoming corporation; LAC Company, a Wyoming limited liability company;The Madison Company,a Colorado corporation;and The Collister Company,a Colorado general partnership,all of whose address,for purposes of this Deed,is 6320 East 4`s Avenue,Denver,Colorado 80220 (with their heirs,successors, and assigns,collectively referred to herein as"Grantor"), for Ten Dollars and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), do hereby GRANT, BARGAIN, SELL, CONVEY,ASSIGN,TRANSFER, SET OVER,and DELIVER unto Las Colinas Minerals,LP a Texas Limited Partnership, whose address is P. O. Box 14230 Odessa,Texas 79768 (with its successors and assigns, collectively referred herein as "Grantee"),all of Grantor's right,title and interest in and to the following(collectively,the"Properties"): (a) All of Grantor's right, title, and interest in and to any and all leasehold interests, including without limitation all operating rights,working interests,and any other interests participating with,and bearing, their proportionate shares of the costs of operations associated with exploring,developing,or operating the mineral estate under either existing oil and gas leases(including,again without limitation,those oil and gas leases described on Exhibit "A"), with all of such leases being collectively referred to herein as the "Leases", or as the result of Grantor's participation in operations with their unleased mineral interests (including,again without limitation,those unleased mineral interests described on Exhibit"A"),with all of such unleased mineral interests being collectively referred to herein as the"Participating Mineral Interests", and with all of Grantor's interests in any Leases and Participating Mineral Interests in any and all of those States and Counties referenced on Exhibit"A"(collectively,the"States and Counties"),being collectively referred to herein as the'Participating Interests"; (b) All of Grantors' right,title, and interest in and to any and all leased and unleased mineral interests and other non-participating interests,including without limitation not only mineral interests, but also royalty interests, overriding royalty interests, net profits interests, production payment interests, and any other interests owned by Grantor in any of the States and Counties that entitle Grantor to their proportionate shares of proceeds of production of oil, gas, and other minerals, without bearing any of the costs of exploring and developing such substances, (including, again without limitation, those interests that are described in Exhibit "A"), with all of Grantor's interests described in this subparagraph (b) being collectively referred to herein as the`Non Participating Interests"; (c) All of the oil and gas and associated hydrocarbons, as well as the proceeds thereof,attributable to the Participating Interests and the Non-Participating Interests(collectively,the"Interests")as of the Effective Time and thereafter(being collectively referred to herein as the"Hydrocarbons"); (d) Any and all oil and gas wells located upon the Participating Interests(being collectively referred to herein as the"Wells"); (e) Any and all interest of the Grantor derived from:(i)any currently existing pools or units that include any portion of the Interests or any Wells(being collectively referred to as the"Units");and(ii)production and proceeds of Hydrocarbons from any such Unit,whether such Unit production comes from Wells located on or off of any of the Interests; (f) All of the right,title,and interest of the Grantor in the production facilities,structures,tubular goods,well equipment,lease equipment,production equipment,pipelines, inventory and all other personal property, 1 3901066 Pages: 2 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno, Clerk and Recorder, Weld County, Co lii Irk m1P'm'rsmoOCGou1 :04i0uio.mi+i 11111 fixtures and facilities appurtenant to or used primarily in connection with the Interests, Leases, Units or Wells (being collectively referred to herein as the"Equipment"); (g) To the extent transferable, all of Grantor's right, title, and interest in and to all contracts, agreements, instruments and leases to which any portion of the Interests is bound or to the extent related to the Interests, including operating agreements, unitization, pooling and communitization agreements, declarations and •orders, joint venture agreements, £armin and farmout agreements, water rights agreements, exploration agreements, participation agreements, exchange agreements, transportation or gathering agreements, agreements for the sale and purchase of oil, gas, casinghead gas or processing agreements to the extent applicable to the Interests(being collectively referred to herein as the"Contracts"); (h) Any and all of Grantor's right,title, and interest in all surface estates, easements and rights-of-way, surface leases,roads and other surface rights, but insofar and only insofar as such surface rights are appurtenant to and used or held for use primarily in connection with the Interests (being collectively referred to herein as the"Easements");and (i) Copies of all of the files,records, and data of Grantor relating to the items described in subsections (a), (b), and(c), including,without limitation, lease records, well records,and division order records;well files and prospect files; title records (including abstracts of title, title opinions, and memoranda, and title curative documents related to the Interests); contracts and contract files; correspondence; computer data files; micro-fiche data files;geological, geophysical, and seismic records, interpretations, data,maps,production records, electric logs, core data, pressure data, decline curves, and graphical production curves; and accounting records, to the extent only that the records can be transferred without violation of any third- party restriction(being collectively referred to herein as the"Records"). Grantor and Grantee acknowledge that Exhibit "A" includes specified percentages for each Property listed on Exhibit "A" and that those interests are included solely in support of Grantor's limited representations and warranties found below. Notwithstanding anything contained herein to the contrary, the Grantor and Grantee agree that they intend for Grantee to acquire from Grantors all of Grantors'right,title, and interest in any and all of the Interests in the Properties,being all of the interests that they own in the Properties as of the Effective Time. Further, Grantor and Grantee expressly agree that, with only the exception of those Properties defined as"Excluded Properties"below, they intend for Grantor to convey to Grantee all of Grantor's right,title, and interest in any and all oil, gas, and mineral properties that Grantor owns in any of the States and Counties, regardless of whether such interests are described on Exhibit "A", and regardless of whether any of such descriptions is inaccurate or incorrect in any way. To the extent required, GRANTOR HEREBY GRANTS, SELLS, CONVEYS, ASSIGNS, AND' TRANSFERS TO GRANTEE ALL OF GRANTOR'S RIGHT, TITLE, AND INTEREST IN ANY AND ALL OIL,GAS,AND MINERAL PROPERTIES THAT GRANTOR OWNS IN ANY OF THE STATES AND COUNTIES,REGARDLESS OF WAFTHER ANY OF SUCH INTERESTS ARE DESCRIBED IN EXHIBIT "A", AND REGARDLESS OF WHETHER ANY OF SUCH INTERESTS ARE INCORRECTLY OR INACCURATELY DESCRIBED IN EXHIBIT"A". Grantor expressly excludes from this Deed and reserves unto themselves,all of Grantor's right,title and interest in and to the following(being collectively referred to herein as the"Excluded Properties"): (a) Any and all of Grantor's right,title, and interest in that certain Property known as the"Rickie Wood Trust Lease"located in Washington County,Colorado, and being more specifically described on the Exhibit"B" that is attached hereto and made a part hereof for all purposes; (b) Any and all of Grantor's right, title, and interest in all surface estates and interests not included within the definition of"Easements" set forth above, with the understanding that Grantor and Grantee agree that nothing in this Deed shall be construed to convey to Grantee any of the Grantor's interests in any surface estate beyond those included within the definition of"Easements"; (c) All trade credits, accounts receivable, notes receivable and other receivables attributable to Grantor's interest in the Properties with respect to any period of time prior to the Effective Time; all deposits,cash, checks in process of collection, cash equivalents and funds attributable to Grantor's interest in the Properties with respect to any period of time prior to the Effective Time; and all proceeds,benefits, income - 2 - 3901066 Pages: 3 of 21 01/07/2013 04:42 PM R Fee: $11eld Steve Moreno. Clerk and Recorder: We id County CO Mill IA11101001411 tiftriETIV �'�f�Cl� lK��l MI 111 or revenues accruing (and any security or other deposits made) with respect to the Properties prior to the Effective Time; (d) All corporate,financial,and tax records of Grantor; however, Grantee shall be entitled to receive copies of any tax records that directly relate to any Assumed Obligations, as that term is defined below, or that are necessary for Grantee's ownership,administration,or operation of the Properties; (e) All claims and causes of action of Grantor against any third party or insurer, arising from acts, omissions or events,or damage to or destruction of any Property, occurring prior to the Effective Time; (f) All rights,titles,claims and interests of Grantor relating to the Properties prior to the Effective Time under any policy or agreement of insurance or indemnity; under any bond; or to any insurance or condemnation proceeds or awards; (g) All Hydrocarbons produced from or attributable to the Properties with respect to all periods prior to the Effective Time,together with all proceeds from or of such Hydrocarbons; (h) Claims of Grantor for refund of or loss carry forwards with respect to production, windfall profit, severance, ad valorem or any other taxes attributable to any period prior to the Effective Time, or income or franchise taxes; (i) All amounts due or payable to Grantor as adjustments or refunds under any contracts or agreements (including take-or-pay claims) affecting the Properties,respecting periods prior to the Effective Time; (j) All amounts due or payable to Grantor as adjustments to insurance premiums related to the assets with respect to any period prior to the Effective Time; (k) All proceeds,benefits, income or revenues accruing (and any security or other deposits made) with respect to the Assets,and all accounts receivable attributable to the Assets,prior to the Effective Time;and (1) All of Grantor's intellectual property, including, but not limited to, proprietary computer software, patents, trade secrets,copyrights,names,marks and logos. TO HAVE AND TO HOLD the Properties unto Grantee, its successors and assigns, forever. GRANTOR AGREES TO WARRANT AND FOREVER DEFEND TITLE TO THE PROPERTIES UNTO GRANTEE AND ITS SUCCESSORS AND ASSIGNS, AGAINST THE CLAIMS AND DEMANDS OF ALL PERSONS CLAIMING, OR TO CLAIM THE SAME, OR ANY PART THEREOF, BY, THROUGH OR UNDER GRANTOR,BUT NOT OTHERWISE. THE EXPRESS WARRANTY OF TITLE SET FORTH ABOVE AND THE EXPRESS REPRESENTATIONS AND WARRANTIES OF GRANTOR CONTAINED IN THE PURCHASE AGREEMENT REFERENCED BELOW ARE EXCLUSIVE, AND IN LIEU OF ALL OTHER REPRESENTATIONS AND WARRANTIES,EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, AND GRANTOR EXPRESSLY DISCLAIMS ANY AND ALL SUCH OTHER REPRESENTATIONS AND WARRANTIES. WITHOUT LIMITATION OF THE FOREGOING, EXCEPT FOR THE SPECIAL WARRANTY OF TITLE SET FORTH ABOVE, THE PROPERTIES ARE CONVEYED PURSUANT HERETO WITHOUT ANY WARRANTY OR REPRESENTATION WHETHER EXPRESS, IMPLIED,STATUTORY OR OTHERWISE,RELATING TO TITLE TO THE PROPERTIES OR RELATING TO THE CONDITION, QUANTITY, QUALITY, FITNESS FOR A PARTICULAR PURPOSE, CONFORMITY TO THE MODELS OR SAMPLES OF MATERIALS OR MERCHANTABILITY OF ANY EQUIPMENT OR ITS FITNESS FOR ANY PURPOSE. GRANTEE ACCEPTS THE PROPERTIES IN THEIR"AS IS,AND WHERE IS" CONDITION. GRANTEE HAS INSPECTED, OR WAIVED GRANTEE'S RIGHT TO INSPECT, THE PROPERTIES FOR ALL PURPOSES AND SATISFIED ITSELF AS TO THE PHYSICAL AND ENVIRONMENTAL CONDITION OF THE PROPERTIES,BOTH SURFACE AND SUBSURFACE, INCLUDING BUT NOT LIMITED TO CONDITIONS SPECIFICALLY RELATED TO TILE PRESENCE, RELEASE OR - 3 - 3901066 Pages: 4 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno. Clerk and Recorder: Weld County, CO III t 'rilihii .11 .410 neltielritelitlini IN 11111 DISPOSAL OF HAZARDOUS SUBSTANCES, SOLID WASTES OR NATURALLY OCCURRING RADIOACTIVE MATERIALS. GRANTEE IS RELYING SOLELY UPON ITS OWN INSPECTION OF THE PROPERTIES. ALSO WITHOUT LIMITATION OF THE FOREGOING, GRANTOR HEREBY EXPRESSLY DISCLAIMS AND NEGATES,AND GRANTEE HEREBY EXPRESSLY WAIVES, ANY REPRESENTATION OR WARRANTY, EXPRESS, IMPLIED, AT COMMON LAW, BY STATUTE OR OTHERWISE, RELATING TO (i) PRODUCTION RATES, CASH FLOWS, REVENUES, RECOMPLETION OPPORTUNITIES, DECLINE RATES OR THE QUALITY, QUANTITY OR VOLUME OF THE RESERVES OF HYDROCARBONS, IF ANY, ATTRIBUTABLE TO THE PROPERTIES, (ii) THE ACCURACY, COMPLETENESS OR MATERIALITY OR SIGNIFICANCE OF ANY INFORMATION, DATA, GEOLOGICAL AND GEOPHYSICAL DATA (INCLUDING ANY INTERPRETATIONS OR DERIVATIVES BASED THEREON) OR OTHER MATERIALS (WRITTEN OR ORAL) RELATING TO THE PROPERTIES, (iii) THE CONDITION, INCLUDING THE ENVIRONMENTAL CONDITION, OF THE PROPERTIES AND (iv)COMPLIANCE WITH THE TERMS AND PROVISIONS OF ANY PERMIT, CONTRACT OR APPLICABLE LAWS, INCLUDING ENVIRONMENTAL LAWS AND LAWS RELATING TO THE PROTECTION OF NATURAL RESOURCES. ANY AND ALL SUCH DATA, RECORDS, REPORTS, PROJECTIONS, INFORMATION AND OTHER MATERIALS (WRITTEN OR ORAL) FURNISHED BY GRANTOR OR OTHERWISE MADE AVAILABLE OR DISCLOSED TO GRANTEE ARE PROVIDED AS A CONVENIENCE AND SHALL NOT CREATE OR GIVE RISE TO ANY LIABILITY OF OR AGAINST GRANTOR AND ANY RELIANCE ON OR USE OF THE SAME SHALL BE AT GRANTEE'S SOLE RISK TO THE MAXIMUM EXTENT PERMITTED BY LAW. GRANTOR AND GRANTEE AGREE THAT, TO THE EXTENT REQUIRED BY APPLICABLE LAWS (INCLUDING ENVIRONMENTAL LAWS AND LAWS RELATING TO THE PROTECTION OF NATURAL RESOURCES, HEALTH, SAFETY OR THE ENVIRONMENT) TO BE EFFECTIVE, THE DISCLAIMERS OF THE WARRANTIES CONTAINED IN THIS SECTION ARE"CONSPICUOUS"DISCLAIMERS FOR ALL PURPOSES. This Deed is subject to all of the terms and conditions of that certain Purchase and Sale Agreement, dated December 20, 2012, by and between Grantor and Grantee(the"Purchase Agreement"),which terms and conditions are incorporated herein by reference. The Purchase Agreement contains certain representations, warranties, covenants, indemnities and agreements between Grantor and Grantee which survive the delivery of this Deed, as more particularly provided for in the Purchase Agreement,but third parties may conclusively rely on this Deed to vest title to the Properties in Grantee. Grantor has executed this Deed in multiple counterparts all of which are identical, except that, to facilitate recordation, in certain counterparts hereof only that portion of Exhibit"A" which contains specific descriptions of properties located in the recording jurisdiction in which the particular counterpart is to be recorded are included,and other portions of Exhibit"A"are included by reference only. All of such counterparts together shall constitute one and the same instrument. Complete copies of this Deed containing the entire Exhibit"A"have been retained by Grantor and Grantee. Exhibit"A"referred to herein is hereby incorporated and made a part of this Deed for all purposes by such reference. A true and accurate copy of the Power of Attorney from William B. Collister to L.Alice Collister is attached hereto as Exhibit`B". Grantor represents and warrants that William B. Collister is living as of the execution date of this Deed and that the Power of Attorney continues to be valid and subsisting as of that date. Third parties may rely upon the continuing existence of the Power of Attorney as of the execution date of this Deed without further inquiry. IN WITNESS WHEREOF this Deed has been executed by Grantor on the date of its acknowledgment effective as to runs of oil and deliveries of gas,and for all other purposes, as of 7:00 a.m..Central Time.on November 1,2012. -4 - 3901066 Pages: 5 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno. Clerk and Recorder, Weld County, CO 11111 Re+M:f`I ,gMM:'IH i lir,1611111,11110VIVI Ill,III'ki 11111 "GRANTOR" Address: 6304 East 4th Avenue /) ;" Denver,Colorado 80220 L.Alice Canister,Individually and As the wife of William B. Collister (-2;-4%7 William B. Collister,also known as Buchtel Collister,Individually and As the husband of L.Alice Collister, Executing by L.Alice Collister, Acting as his duly appointed Attorney-in-Fact ACEL BCEE,a Wyoming corporation B • � �� y• L.Alice Collister President LAC Company, a Wyoming limited liability company BY/A.'"). f.' P 1 .�hJ L.Alice Collister Manager The Collister Company,a Colorado general partnership L.Alice Collister,Partner William B. Collister,Partner Executing by L.Alice Collister, Acting as his duly appointed Attorney-in-Fact The Madison Company,a Colorado corporation By: L. Alice Collister President - 5 - 3901066 Pages: 6 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno, Clerk and Recorder, Weld County, Co III Mia4I hi 'ALVIf.liki I M I�h.'(Wi4�161,Mill 11111 MULTI-STATE ACKNOWLEDGMENT STATE OF COLORADO § § COUNTY OF DENVER § I,the undersigned authority, a notary public duly qualified, commissioned, sworn and acting in and for the county and state aforesaid, and being authorized in such county and state to take acknowledgments, hereby certify that, on this 2/(- day of December 2012, there personally appeared before me: L. Alice Collister, acting individually, as the wife of William B. Collister, and as the Attorney-in-Fact for William B. Collister; William B. Collister, also known as Buchtel Collister, acting individually, as the husband of L_ Alice Collister, and through his Attorney-in-Fact,L. Alice Collister;L. Alice Collister,as President of ACEE BCEE, a Wyoming Corporation; L. Alice Collister, as Manager of LAC Company, a Wyoming limited liability company; L. Alice Collister,as President of The Madison Company,a Colorado corporation; L. Alice Collister and William B. Collister,again acting through his Attorney-in-Fact,L.Alice Collister, as the Partners of The Collister Company, a Colorado general parmership,well known to me to be the person whose name appears in the foregoing instrument as an individual and as such President of such corporations, Manager of such limited liability company, and General Partner of such partnerships being parties to the foregoing instrument,and that: COLORADO,KANSAS,NEBRASKA, TEXAS,AND UTAH The foregoing instrument was acknowledged before me on this day by such person, the above designated individual, the above designated Attorney-in-Fact, and the above designated President of ACEE BCEE, the above designated Manager of LAC Company,the above designated President of The Madison Company,and the above designated Partner of The Collister Company,on behalf of said entities. Witness my hand and official seal. IDAHO On the day and year written above,before me,the undersigned Notary Public,personally appeared L. Alice Collister,known or identified to me to be the person whose name is subscribed to the within instrument in her individual capacity, as President and Manager and on behalf of those entities stated above, and as Attorney-in-Fact of William B. Collister, and acknowledged to me that she executed the same. In witness whereof,I have hereunto set my hand and affixed my official seal the day and year first above written. MISSOURI AND NORTH DAKOTA On the day and year first written aobve, before me personally appeared L. Alice Collister, in bother her individual capacity and in those capacities stated above,to me known to be the person described in,and who executed the foregoing instrument, and acknowledged to me that she executed same aas her free act and deed. On the day and year first written aobve,before me personally appeared L. Alice Collister, in bother her individual capacity and in those capacities stated above,to me known to be the person described in,and who executed the foregoing instrument, and acknowledged to me that she subscribed the name of William B. Collister thereto as principal and her own name as attorney-in—fact. On the day and year first written above,before me appeared L. Alice Collister,to me personally known, who, being by me duly sworn,did say that she is the President,Manager, or Partner of those entities stated above, and that said instrument was sinned in behalf of said entities by authority of their board of directors,managers,members, or partners, and the said L.Alice Collister acknowledged to me said instrument to be the free act and deed of each of said corporations, limited liability companies,and partnerships,none of which has a seal. - b - 3901066 Pages: 7 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno. Clerk and Recorder, Weld County, Co 1111 i Nh� � �} �I�I +R + is II!I I In testimony whereof I have hereunto set my hand and affixed my official seal at my office in said county and state the day and year first above written. NEVADA AND NEW MEXICO This instrument was acknowledged before me on this day by the above designated individual,the above designated Attorney- in-Fact, and the above designated President of ACEE BCEE, the above designated Manager of LAC Company, the above designated President of The Madison Company, and the above designated Partner of The Collister Company, on behalf of said entities. OKLAHOMA The foregoing instrument was acknowledged before me on this day of December 2012, by L. Alice Collister, acting individually, as the wife of William B. Collister, and as the Attorney-in-Fact for William B. Collister; William B. Collister, also known as Buchtel Collister, acting individually, as the husband of L. Alice Collister, and through his Attorney-in-Fact, L.Alice Collister; L. Alice Collister; as President of AGEE BCEE, a Wyoming Corporation; L. Alice Collister, as Manager of LAC Company, a Wyoming limited liability company; L. Alice Collister, as President of The Madison Company, a Colorado corporation; L. Alice Collister and William B. Collister, again acting through his Attorney-in-Fact, L. Alice Collister,as the Partners of The Collister Company, a Colorado general partnership. SOUTH DAKOTA On the day and year first written above,before me, the undersigned Notary Public,personally appearred L. Alice Collister, known to me or satisfactorily proven to be the person whose name is subscribed to the within instrument and acknowledged that she executed the same for the purposes therein contained. On the day and year first written above,before me, the undersigned Notary Public,personally appearred L. Alice Collister, who acknowledged herself to be the Attorney-In-Fact for her husband,William B. Collister;the President of ACEE BCEE, a Wyoming Corporation;the Manager of LAC Company,a Wyoming limited liability company; the President of The Madison Company,a Colorado corporation; and,with William B. Collister, again acting as his Attorney-in-Fact, the Partners of The Collister Company, a Colorado general partnership, and she, in such capacities, being authorized so to do, executed the foregoing instrument for the purposes therein contained,by signing the name of each of such persons and entities,by herself, again in the capacities stated. In witness whereof I hereunto set my hand and official seal. WYOMING This instrument was acknowledged before me on this day by L. Alice Collister,acting individually,as the wife of William B. Collister,and as the Attorney-in-Fact for William B. Collister; William B. Collister, also known as Buchtel Collister, acting individually, as the husband of L. Alice Collister, and through his Attorney-in-Fact,L. Alice Collister;L. Alice Collister, as President of ACEE BCEE, a Wyoming Corporation; L. Alice Collister, as Manager of LAC Company, a Wyoming limited liability company; L. Alice Collister, as President of The Madison Company,a Colorado corporation;L. Alice Collister and William B. Collister,again acting through his Attorney-in-Fact,L. Alice Collister,as the Partners of The Collister Company, a Colorado general partnership, all as designated above. ANNE C.VANVORS NOTARY PUBLIC Notary Public 41.14SEAL STATE OF COLORADOPrinted Name: NOTARY ID 20124069623 My commission expires: MY COMMISSION EXPIRES OCT0BER 31,2016 _ 7 - Exhibit "A" State County TWP RNG Sec Section Portion Colorado Weld 1 N 63W r 6 ALL Colorado Weld 1 N 63W 7 ALL Colorado Weld 1 N 63W 12 SW/4 Colorado Weld 1 N 63W 13 NW/4 Colorado Weld 1 N 63W 18 ALL r Colorado Weld 1 N 63W 22 NW/4 Colorado Weld 1 N 63W 26 NE/4 Colorado Weld 1 N 64W 1 ALL _ Colorado Weld 1 N 64W 2 ALL Colorado Weld 1 N 64W 11 ALL Colorado Weld 1 N 64W 12 J ALL Colorado Weld 1 N 64W 13 ALL Colorado Weld 1 N 64W 14 ALL Colorado Weld 1 N 65W 4 S/2NE/4 Colorado Weld 1 N 65W — 14 N/2SE/4 Colorado Weld 1 N 66W 2 Lots 1 & 2; N/2 Colorado Weld 1 N 68W 19 ALL Colorado Weld 1 N r 68W 30 ALL Colorado Weld 1 N 68W 31 ALL Colorado Weld 1S 65W 7 NE/4 Colorado Weld 1 S 66W 10 ALL Colorado Weld 2N 62W 10 NW/4 Colorado Weld 2N 63W _ 9 ALL Colorado Weld 2N 63W 10 ALL Colorado Weld 2N 63W 11 ALL Colorado Weld 2N 63W 12 ALL Colorado Weld 2N 63W 13 ALL Colorado Weld 2N 63W 14 ALL Colorado Weld 2N 63W 15 ALL Colorado Weld 2N 63W 16 ALL Colorado Weld 2N 63W 21 ALL ~Colorado Weld 2N 63W 22 ALL Colorado Weld 2N 63W 23 ALL Colorado Weld 2N 63W 24 ALL Colorado Weld 2N 63W 25 ALL Colorado Weld 2N 63W 26 ALL Colorado Weld 2N 63W 27 ALL Colorado Weld 2N 63W 28 ALL Colorado Weld 2N 63W 33 ALL Colorado Weld 2N 63W 34 ALL )Colorado Weld 2N 63W 35 ALL Colorado Weld 2N 63W 36 ALL Colorado Weld 2N 64W 2 Lots 1 &2; S/2N/2; S/2 Colorado Weld 2N 64W 4 Lots 1 &2; S/2N/2; S/2 Colorado Weld 2N 65W 8 _ N/2 Colorado Weld 2N 65W 26 W/2 Colorado Weld 2N 65W 35 ALL Colorado Weld 2N 67W 4 SW/4; NE/4SW/4 Colorado Weld 2N 67W 6 LOT 2 Colorado Weld 2N 67W 12 S/2 3901066 Pages: 8 of 21 01/07/2013 04:42 PM R Fee:$111 .00 Steve Moreno. Clerk and Recorder Weld County, CO e 1 of 4 lIII h�l' llnik � il',JI 1.NM I K `I��ti InIng CI 111111 ' Exhibit "A" State County TWP RNG Sec Section Portion Colorado Weld 2N _ 67W 24 E/2 Colorado Weld 2N 68W 3 NW/4NW/4; S/2 Colorado Weld 2N 68W 4 ALL Colorado Weld 2N 68W 5 _ ALL Colorado Weld 2N 68W 6 SW/4 Colorado Weld 2N 68W 7 NW/4; SE/4 Colorado Weld 2N 68W 8 N/2N/2; SE/4NE/4; E/2SE/4 Colorado Weld 2N 68W 9 N/2NE/4 Colorado Weld 2N 68W 15 S/2 Colorado Weld 2N 68W 17 S/2 NW/4; W/2NE/4; W/2SE/4 Less NW 8 Colorado Weld 2N 68W 18 Acres; W/2E/2 Colorado Weld 2N 68W 19 E/2 Colorado Weld 2N 68W 20 ALL Colorado Weld 2N 68W 21 ALL Colorado Weld 2N 68W 22 ALL Colorado Weld 2N 68W 27 NE/4NW/4; NW/4NE/4 Colorado Weld 2N 68W 28 ALL Colorado Weld 2N 68W 29 ALL Colorado Weld 2N 68W 30 ALL Colorado Weld _ 2N 68W 32 N/2NE/4; NE/4NW/4 _Colorado Weld 2S 61W 4 _ SE/4SE/4 Colorado Weld 3N , 62W 10 W/2; SE/4 Colorado Weld 3N 62W 31 LOT 2 Colorado Weld 3N 62W 34 ALL Colorado Weld 3N 62W 35 S/2NW/4; S/2SW/4 Colorado Weld 3N 63W 10 NE/4 Colorado Weld 3N 63W 24 W/2NE/4; SE/4 Colorado Weld 3N 66W 2 ALL Colorado Weld 3N 66W 3 ALL Colorado Weld 3N 66W 4 ALL Colorado Weld 3N 66W 5 ALL Colorado Weld 3N 66W 6 ALL Colorado Weld 3N 67W 1 ALL Colorado Weld 3N 67W 3 NW/4 Colorado Weld 3N 67W 4 Lot 1; S/2NE/4 Colorado Weld 3N 67W 15 W/2NW/4; NW/4SW/4; SW/4NW/4 Colorado Weld 3N 67W 16 ALL Colorado Weld 3N 67W 17 El2SE/4 Colorado Weld 3N 67W 19 E/2NE/4; E/2SE/4 Colorado Weld 3N 67W 20 ALL Colorado Weld 3N 67W 21 N/2NE/4 Colorado Weld 3N 67W 24 _ E/2 Colorado Weld 3N 67W 27 W/2 Colorado Weld 3N 68W 5 LOT 3 Colorado Weld 3N 68W 33 S/2SE/4; SE/4SW/4 Colorado Weld 3N 68W 34 SW/4SW/4 Colorado Weld 4N 63W 26 SW/4 Colorado Weld 4N 66W 7 ALL Colorado Weld 4N 66W 8 ALL 3901066 Pages: 9 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno, Clerk and Recorder, Weld County. CO 1111 hY'iPf'INIIIII Chi'irMiiirel:Ifirti fill i, l 11111 2 of Exhibit "A" State County TWP RNG Sec Section Portion Colorado Weld 4N 66W 9 ALL Colorado Weld 4N 66W 10 ALL Colorado Weld 4N 66W 11 ALL Colorado Weld 4N 66W 14 ALL Colorado Weld 4N 66W 15 ALL Colorado Weld 4N 66W 16 ALL Colorado Weld 4N 66W 17 SE/4SW/4; S/2SE/4 Colorado Weld 4N 66W 18 ALL Colorado Weld 4N 66W 19 ALL Colorado Weld 4N 66W 20 _ NE/4; NW/4; N/2SW/4; NE/4SE/4 Colorado Weld 4N 66W 21 ALL Colorado Weld 4N 66W 22 ALL Colorado Weld 4N _ 66W 23 ALL Colorado Weld 4N 66W 26 ALL Colorado Weld 4N 66W 27 ALL Colorado Weld 4N 66W 28 ALL Colorado Weld 4N 66W 29 ALL _Colorado Weld 4N 66W 30 ALL Colorado Weld 4N 66W 31 ALL Colorado Weld 4N 66W 32 ALL Colorado Weld 4N 66W 33 ALL Colorado Weld 4N 66W 34 ALL Colorado Weld 4N 66W 35 ALL Colorado Weld 4N 67W 12 ALL Colorado Weld 4N 67W 13 ALL Colorado Weld 4N 67W 17 SE/4 Colorado Weld 4N 67W 20 E/2 Colorado Weld 4N 67W 24 ALL Colorado Weld 4N 67W 25 ALL Colorado Weld 4N 67W 32 NW/4 Colorado Weld 4N 67W 33 SW/4 Colorado Weld 4N 67W 34 NW/4SW/4;N/2S/2 Colorado Weld 4N 67W 36 ALL Colorado Weld 5N 65W 1 ALL Colorado Weld 5N 65W 2 ALL Colorado Weld 5N 65W 3 ALL Colorado Weld 5N 65W 10 ALL Colorado Weld 5N 65W 11 ALL Colorado Weld 5N 65W 12 ALL _ Colorado Weld 6N 65W 7 ALL Colorado Weld 6N 65W 8 ALL Colorado Weld 6N 65W 17 ALL Colorado Weld 6N 65W 18 _ ALL Colorado Weld 6N 65W 19 ALL Colorado Weld 6N 65W 20 ALL Colorado Weld 6N 65W 34 ALL Colorado Weld 6N 65W 35 ALL Colorado Weld 6N 65W 36 ALL Colorado Weld 6N 66W 12 ALL Colorado Weld 6N 66W 13 ALL 3901066 Pages: 10 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno, Clerk and Recorder, Weld County, CO ■III b'Apriviiiii- ivrY4 io,wi.VIsum 6 •III 3e 3 of 4 Exhibit "A" State County TWP RNG . Sec Section Portion Colorado Weld _ 6N 66W 18 W/2NE/4 Colorado Weld 6N 66W 24 ALL Colorado Weld 6N 67W 2 S/2NE/4; N/2SE/4 Colorado Weld 7N 62W 21 NE/4 Colorado Weld 8N 59W . 3 N/2NW/4 Colorado Weld 9N 56W 12 N/2; SE/4 Colorado Weld 9N 56W 13 SE/4NW/4 Colorado Weld 9N 56W 14 NW/4 Colorado Weld 9N 66W 36 ALL 3901066 Pages: 11 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno. Clerk and Recorder, Weld County, CO 1111 Pil PriiiI V'rail WiLfi.ri Viit 6firll1JL lief I II Page 4 of 4 Exhibit `B" William B. Co'lister DLTAABLE BUSINESS POWER OF ATTORNEY Dated February 9, 1999 That I, William B. Collister 6320 East Fourth Avenue Denver, Colorado 80220-5936 appoint L. Alice Collister 6320 East Fourth Avenue Denver, Colorado 80220-5936 to be my attorney-in-fact(herein "Attorney") 1- Grant of Authority. I appoint and authorize my Attorney to act in, manage and conduct all my affairs, and for that purpose in my name and on my behalf to do and execute all or any of the following acts, deeds and things: A Ask, demand, sue for, recover, collect and receive all sums of money, debts, dues, interest, dividends, goods, wares, merchandise, cthattels, effects and things of any nature or description which are now or may subsequently be or become due,payable, or belonging to rue, in or by any right, title, ways or means, including, without limitation, interests I may have in any estate or trust, employee benefit or retirement plan, governmental plan of security or assistance, or claims for any injury to me, and upon receipt of all or any part of such items to endorse for deposit and deposit or otherwise negotiate the same for my exclusive benefit and to make, sign, execute and deliver such receipts, releases or other discharges for such items as my Attorney shall think advisable; B. Settle any account or reckoning with any person of any nature in which I am now or at any time subsequently shall be interested or concerned and pay or receive the balance of such account or reckoning as required; • 3901066 Pages: 12 of 21 f r` 01/07/2013 04:42 PM R Fee:$111 .00 Steve Moreno, Clerk and Recorder, Weld County, CO 11111 I i111? I'4',1i:VIVTI rkIALVilin rlgi I���i 111111 _ 1 • C. Receive every sum of money which is now due or subsequently may become due to me upon the security or by virtue of any mortgage or deed of lust, and on receipt of the full amount secured by such mortgage or deed of trust, execute a sufficient release, satisfaction or other discharge of such mortgage or deed of trust; D. Settle with or make allowances to any person in respect to any debts or demands which are now or shall at any time subsequently become due and payable to me, and take and receive any composition or dividend with respect to such debt or demand, and give releases or other discharges for the whole of such debts or demands! or settle, compromise or submit to arbitration every such debt or demand and every other right, matter and thing due to or concerning me as my Attorney shall think best, and for that purpose to enter into and execute and deliver such bonds of indemnity or other documents as my Attorney may think advisable; E. Commence,prosecute, discontinue or defend all actions or other legal proceedings concerning any or all of my property or estate, or concerning any matter in which I or my property or estate may be concerned; F. Enter and take possession or any of my real estate, and let, manage, maintain and improve all or any of my real estate, and repair or otherwise improve or alter and insure any buildinsc on my real estate; G. Contract with any person for leasing for such time, at such rents, and subject to such conditions as my Attorney shall see fit, all or any of my real estate, and let any such person into possession of my real estate, and execute all such leases and contracts as shall be necessary or proper for such purpose, and give notice to quit to any tenant or occupier of my real estate, and receive and recover from all tenants and occupiers of my real estate or of any part of it all rents and sums of money which are now or shall subsequently become due and payable in respect to my real estate, and also on nonpayment of all or any part of such rent or money due, take all necessary or proper means and proceedings for terminating the tenancy or occupation of such tenants or occupiers, and for ejcting the tenants or occupiers and recovering the possession of my real estate; H. Sell, either at public or private sale, or exchange any part or parts of my real estate, personal property, or business interests, including without limitation stocks, bonds and other securities, and business assets, for such consideration and upon such terms as my Attorney shall think fit, and execute and deliver sufficient deeds or other documents for the conveyance or transfer of the same, with such covenants of warranty or otherwise as my Attorney shall see fit, and give sufficient receipts for all or any part of the purchase price or other consideration; • 3901066 Pages: 13 of 21 i 01/07/2013 04:42 PM R Fee:$111 .00 jSteve Moreno Clerk and Recorder, Weld County, CO sot!i"i Pril'+>`'�i al �h�Llri Old lift Nfit'l J IN� 11111 3901066 Pages: 14 of 21 Steve Moreno Clerk and 01/07/2013 04:42 PM RFee::$ 1100 e . d County f1!rf12.T fart 14.1i lri lV CO ffffii ,1 II!r II Iri7r r i L Endorse for deposit and deposit any moneys which are now or may subsequently be or become payable or belonging to me, in or by any right, title, ways or means, including any governmental plan of security or assistance and which may come into my Attomey's hands with any financial institution or brokerage firm or like organi ration in my name, and withdraw any money to which I am entitled which is now or shall be so deposited by check, draft, bill of exchange, or other appropriate document, negotiable or otherwise, as my Attorney shall sec fit, all to be executed by my Attorney, and to employ such money as my Attorney shall think fit in the payment of any debts or interest payable by me, or taxes, assessments, insurance and expenses due and payable or to become payable on account of any of my assets or any purposes mentioned in this document or otherwise for my use and benefit, and invest in my name in any stocks, bonds, shares, securities, insurance policies of any type, or other property, real or personal, as my Attorney may think proper, and receive and give receipts for any income, dividends, or interest arising from such investments, and vary or dispose of any and all such investments or other investments of mine for my use and benefit as my Attorney shall see fit, with respect to any life insurance policy owned by me or purchased in.my name as owner, or any annuity, profit-sharing or retirement plan in which I have an interest, exercise any rights or options, change beneficiaries or ownership, assign rights, terminate the policy or plan, borrow against the policy or plan, or surrender the policy or plan for its cash value; J. Borrow or lend any sum or sums of money on such terms and with such security by way of mortgage, pledge, or any other security device, whether affecting real, personal or intangible property, as my Attorney shall see fit, and for that purpose execute all promissory notes, bonds,mortgages and other documents which may be necessary or proper; K. Have access to, enter and take control of assets from or add to the contents of any safe deposit box or other secured depository rented by me or to which I have access, whether in my individual capacity, or in any other capacity, and to surrender or exchange any such safe deposit box or other secured depository, and rent and open any new safe deposit box or other secured depository in my name or in my name by my Attorney at any institution; L. Engage, employ, or dismiss any agents, clerks, servants or other persons for my b refit or to accomplish any purpose set forth in this document as my Attorney shall see fit; I,'L Vote at meetings of stockholders or other meetings of any corporation or company, execute any proxies or other documents, or otherwise act as my Attorney or proxy in respect of any stocks, shares or other evidences of ownership now or subsequently 3 3gp1066 Pages: 15 of 21 PM R Fee:$111. - 01/07/2013 04:42 00 Steve Moreno, Clerk and Recorder, Weld C CO ounty. III &NL�,Yti�h���� i�Irl{L� �! held by me; N. Enter into and sign, seal, execute, acknowledge, and deliver any contracts, deeds or any other documents, and draw, accept, make, endorse, discount or otherwise deal with any bills of exchange, checks, promissory notes, or other commercial or mercantile documents for any purposes set forth in this document; O. Pay every month the amount of money necessary to meet my ordinary household expenses, medical, therapy and hospital bills, and any other living expenses usually incurred by me, and also, in the discretion of my Attorney, pay such charitable sub- scriptions and continue to make such gifts as I have habitually made, including gifts to my Attorney that I have habitually made and, make such other payments for charity or gifts as my Attorney shall think that I would make; P. Make, execute and file any federal, state, local or foreign income, gift, ad valorem or other tax returns or documents and any declarations of estimated tax which I am required to make, and to pay or provide for the payment of any tax or governmental charge that I may owe, and to receive and endorse for deposit, and deposit or otherwise negotiate refund checlo, execute extensions and waivers of the statute of limitations, execute closing agreements, and make any tax elections and consents and generally act on my beh of f with respect to all federal, state, local and foreign tax matters, and to appoint agents for that purpose, as my Attorney thinks may be necessary or advisable on my behalf; Q. File any proof of debt, or take any other action under the Bankruptcy Code, or under any other law of the United States, any state or territory of the United States or any foreign jurisdiction, in connection with any claim, debt, money or demand, and, in any such proceeding, vote in the election of any trustee or assignee and demand and receive any dividend or distribution that may be or become payable because of the action so taken, R. Sue any person or entity for damages resulting from unreasonable refusal to honor this power of attorney; S. Add any ofmy assets to any trust which authorizes me to make any such. additions and revoke or surrender any right to revoke any revocable trust in the manner and circumstances in which my Attorney believes I would make such a revocation or surrender of a right to revoke; 4 3901066 Pages: 16 of 21 ' 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno, Clerk and Recorder, Weld County CO T. Institute an action in a court having jurisdiction for a protective order authorizing the creation of a trust for my benefit, or authorizing a renunciation or disclaimer on my behalf of any interest acquired by testate or intestate succession or inter vivos transfer, or authorizing a conveyance or release of contingent property interests; U. Purchase medical and dental insurance policies and enroll in medical and dental repayment plans or health maintenance organization plans, on my behalf, and to claim and receive any and all benefits payable under any medical insurance, repayment plan, health maintenance organization or health related government benefits or reimbursements, on nay behalf, V. Apply for a certificate of title to, and endorse and transfer title to, any automobile, truck, motorcycle or any other motor vehicle; W. Execute and deliver oil, gas and other mineral leases containing such unmti7 ion or pooling agreements and other provisions as my Attorney shall deem advisable; execute mineral and royalty conveyances and assignments of leases; purchase leases, royalties, and any type of mineral interest; execute and deliver drilling contacts and other contracts, options and other Tnstnn„ents necessary or desirable in engaging actively in the oil, gas or other mining business, all of the foregoing to be done with such terms, conditions, agreements, covenants, provisions or undertakings as my Attorney shall deem appropriate, and in real property leases to include the right to explore for and remove mineral or other natural resources; X. Do all other acts, deeds, matters, and things, or concur with persons jointly interested with me in doing all acts, deeds,matters, and things, either particularly or generally described, with respect to such materials I now have, or may acquire in the future, the power or right to perform, as fully and effectually to all intents and purposes concerning my estate,property and affairs as I could do if acting in person rather than by my Attorney. Y. Power to make gifts. I give my agent the power and authority to make to charities and to persons to whom I am related by blood or marriage. Such gifts may be made by my agent as I might have been expected to make, of similar kind and nature, and which, in the sole opinion of my agent, are consistent with my previously expressed intentions and prior actions and which, in the sole opinion of my agent, are not needed for my health, support or welfare. No gift to any single individual or charity shall exceed S20,000.00 during any one calendar year. Z. Establishment of or additions to revocable trust. My agent may create a funded or unfunded revocable trust with dispositive provisions substantially identical to ray 5 3901066 Pages: 17 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno. Clerk and Recorder. Weld County, CO • • then existing will, if in his sole discretion he determines that a trust will be in my best interests and the best interests of the devisees under my will; and at any time, and from time to time,may transfer any property, real or personal, tangible or intangible, now owned or hereafter acquired by me, to the person or corporation then serving as the trustee of the gust thus created or of any revocable trust created by me as Senior, to be held, administered, and disposed of by the trustee in accordance with the terms of the instrument. Grant of Authority to Alternate Attorneys. A I may name a first alternate attorney and second alternate attorney to act as my Attorney under this document in the event my Attorney ceases to act for any reason. If I do so, the first alternate attorney and second alternate attorney named by me shall be named in this document in the spaces provided below the specimen signature of my Attorney. The first alternate attorney named by me in this document shall act as my Attorney in the event my Attorney ceases to act for any reason,including revocation of that Attorney's authority by me. The second alternate attorney named by me in this document shall act as my Attorney in the event both my Attorney and the first alternate attorney cease to act for any reason, including revocation of their authority by me. B. My Attorney may delegate, direct or empower either alternate attorney named in this document to do any act authorized by this document in my Attorney's stead. Such direction shall be made in a writing sighed by my Attorney, and may be for a limited or an unlimited period of time. C. My Attorney may also appoint by a writing referring to this document, in my Attorney's place and as a substitute for my Attorney, one attorney or more for me, with full power of revocation or substitution from time to time, and with or without conferring on that substitute a like power of substitution. My Attorney may make such appointment or substitution.notwithstanding the naming of alternate attorneys in this document Any attorney appointed by my Attorney shall act in place or any alternate attorneys named by me in this document; and the alternate attorneys named by me shall act only in the event any attorney appointed by my Attorney ceases to act for any reason. D. Any person may rely on the authority granted to any alternate attorneys by me in this document and need not inquire as to whether my Attorney or an alternate attorney is still acting or whether the alternate attorney in question is authorized to act E. Any alternate attorney named by me in this document shall have the same powers as those granted w my Attorney by its terms. Any alternate attorney appointed 6 r /l 3901066 Pages: 18 of 21 ete7enO4:42 adRdr111.00o, Clerkk n Recorder,■III '��+ �G� ��4 11 County fief, �I� W4ri��( �1 IIlll by my Attorney under paragraph ILC shall have the same powers granted to my Attorney in this document unless otherwise limited by the terms of the writing in which such attorney is appointed. 3. Durability of Power. This durable general power of attorney shall not be affected by my disability or by any determination at a subsequent date that I am unable to manage my own affairs properly. 4. Other Provisions. A. This document is a durable general power of attorney. The enumeration of specific items, rights, acts or powers in it do not limit or restrict and shall not be construed or interpreted as limiting or restricting the general powers granted to my Attorney or any attorney substituted under its terms, except as such powers are specifically limited by this document. It is expressly Understood that the specific designations of powers shall not be construed to limit any general grant or grants of power to my Attorney. This entire power of attorney shall not be affected by my subsequent disability or incapacity, or by lapse of time. This power of attorney is specifically designed to be a broad and general power of attorney, and to be interpreted liberally in favor of the named Attorney, and by placing my initials her -specifically state that this is my specific intent B. This durable general power of attorney shall continue in effect until terminated in a writing by me made while I am not disabled. The passage of time shall not affect its validity and any person without actual notice of its termination may rely upon it without regard to the length of time ensuing between its execution and the event occasioning such reliance. While I am not disabled,I may also revoke any particular attorney's authority in a writing without affecting the authority of any of the remaining attorneys named in this document C. I ratify, confirm, and promise to ratify and confirm at all times, all which my Attorney or any attorney substituted under the terms of this document shall lawfully do or cause to be done under its terms. That ratification and confirmation includes anything which may be done after the revocation of this document by my death, by a writing or in any other manner, whether or not the notice of such revocation reaches my Attorney, as to persons who-relied on this document in dealing with my Attorney who had no actual notice of such revocation before any such dealing. I declare that all claims against me, my heirs,my estate, or my personal representative as a result of any action taken by my Attorney or any attorney substituted under the terms of this document after any such revocation, 7 1 3901066 Pages: 19 of 21 01/07/2013 04:42 PM R Fee:$111.00 Steve Moreno, Clerk and Recorder, Weld County, CO IIIrep�'4kori innICI Tit r.pitci siIN�� 1IR1 whether or not prior to receipt of actual notice of such revocation by such attorney, shall be resolved in favor of the person claiming the benefit of such action, if such person did not have actual notice of such revocation before taking any such action. D. The provisions of this durable general power of attorney are severable. Any provision of this durable general power of attorney which is deemed by law to be void or invalid shall not affect the validity of the remaining provisions. E. Any person dealing with my Attorney may rely on either (1) a photographic duplicate of this document certified by a notary public to be a true copy of an originat of this document as if that copy were an oriinal, or (2) a certified copy of this document certified by a County Clerk and Recorder to be a true copy of an original of this document as if that copy were an original. F. This document and all actions under it chail be regulated by the laws of Colorado. Specimen Signature: The following is a specimen signature of my Attorney furnished for convenient identification of such signature. L. Alice Collister Endorsement of Alternate Attorneys: The following persons are authorized to act as alternate attorneys under the provisions of Paragraph II, provided that I initial the lines to the left of the persons named to ratify their authorization to act First Alternate Attorney: Marcy L. Carroll Address: Second Alternative Attorney: Colorado State Bank and Trust Denver, Colorado 8 0 - 3901066 Pages: 20 of 21 01/07/2013 04:42 PM R Fee:$111.00 - Steve Moreno, Clerk and Recorder, Weld County; CO • ■IN 1`tF' 17,14 r14.110 J it 110, execution: I have signed this Durable Business Power of Attorney on February 9, 1999. William B. Collister STATE OF COLORADO ) ) ss. CITY AND COUNTY OF DENVER ) The foregoing document was acknowledged before me by William B. Collister on February 9, 1999. • and and official seal. Commis vt. DIY \ kilG • HT s Notary Public Address NOTARY PUBLIC CH{f.1r1CATION STATE OF (. _` ehr� �� ) J ) ss. (filreCOUNTY OF.�(S�.r.t5J ) a notary public in the State of, certify as follows: 1. This certification is a part of this 10 page Durable Business Power of Attorney dated February 9, 1999 from William B. Collister,in which William B. Collister appoints L. Alice Collister as his attorney. 9 cx 3901066 Pages: 21 of 21 01/07/2013 04:42 PM R Fee:$111.00 ' Steve Moreno, Clerk and Recorder, Weld County CO I Nit h�tu I1N ! L 4 I +CW+ link i Ili 2. I certify that this 10 page instrument is a. true copy of the original Durable Business Power of Attorney dated February 9, 1999, from William B. Collister. 3. 'have initialled each of the 10 pages in this true copy in the lower right-hand confer of each page. Witness my hand and official seal. This certificate is dated '7-/q_0 S My commission expires ' Notary4Publi c ff , 4. L f`g4,— 10 ��)� 4478615 04/03/2019 03 19 PM Total Pages: 2 Rec Fee: $18 00 Doc Fee: $6 08 Carly Koppes - Clerk and Recorder, Weld County, CO After recording return to: The Caffey Group,L.L.C. 8851 Camp Bowie West Suite 100 Fort Worth,TX 76116 MINERAL DEED KNOW ALL MEN BY THESE PRESENTS: THAT Michael F. Callahan and Marilyn G. Chick, husband and wife, having an address of 8444 S. Doubleheader Ranch Rd., Morrison, CO 80465, hereinafter called GRANTOR (whether one or more), for and in consideration of the sum of Ten and more Dollars ($10.00) in hand paid and other good and valuable considerations, the receipt of which is hereby acknowledged, does hereby grant, bargain, sell, convey, transfer, assign and deliver unto Westgate Mineral Group, LLC, having an address of 222 W. Main St., Arlington, TX 76010, hereinafter called GRANTEE, all of Grantor's interest in and to the oil, gas and other minerals in and under and that may be produced from the following described lands situated in Weld County,State of Colorado,to-wit: Lot A,being part of the SW/4 of Section 12,Township 1N,Range 64W Containing 11.0600 gross acres, more or less,together with the right of ingress and egress at all times for the purpose of mining, drilling, exploring, operating and developing said lands for oil, gas and other minerals and storing, handling, transporting and marketing the same therefrom with the right to remove from said land all of Grantee's property and improvements. It is the intent of the Grantor herein, to convey to Grantee, an undivided 11.0600 net mineral acres in the above described lands. If there is a conflict between the interest stated herein and the interest stated in the granting clause,the interest stated in the granting clause shall control. This sale is made subject to any rights now existing in favor of any Lessee or its assigns under any valid and subsisting oil and gas lease of record heretofore executed; it being understood and agreed that said Grantees shall have, receive, and enjoy the herein granted undivided interest in and to all bonuses, rents, royalties and other benefits which may accrue under the terms of said lease insofar as it covers the above described land from and after the date hereof, precisely as if Grantee herein had been, at the date of the making of said lease, the owner of this undivided interest in and to the land described and Grantees the Lessors therein. Grantor agrees to execute such further assurances as may be requisite for the full and complete enjoyment of the rights herein granted. Grantor agrees that Grantee herein shall have the right at any time to redeem for said Grantor by payment, any mortgage, taxes, or other liens on the above described land, upon default in payment by Grantor,and be subrogated to the rights of the holder thereof. 4478615 04/03/2019 03:19 PM Page 2 of 2 TO HAVE AND TO HOLD the above described oil, gas other mineral interest with all and singular the rights, privileges and appurtenances thereunto or in any wise belonging to the said Grantees herein,their heirs, successors,personal representatives, administrators, executors and assigns forever, and Grantor does hereby warrant said title to Grantees their heirs, executors, administrators, personal representatives, successors and assigns forever and does hereby agree to defend all and singular the said property unto the said Grantees herein their heirs, successors, executors, personal representatives and assigns against all and every person or persons whomsoever lawfully claiming or to claim the same or any part thereof. F�, WITNESS our hand this� ! day of January,2019; (but to be effective the tLTday of January, 2019). Grantor: GAG' Michael F. Callahan • arilyu G. Chick ACKNOWLEDGMENT OF INDIVIDUAL STATE OF COLORADO ) )SS. COUNTY OF i ) The foregoing instrument was acknowledged before me on day of January, 2019 by Michael F. Callahan and Marilyn G. Chick,husband and wife. (-3 Notary Public DAMARY WELDON • NOTARY PUBLIC `rinted Name: )(t \\ i- ` v STATE OF COLORADO NOTARY ID#20084026977 MY 00MMISSIAN EXPIRES SEPTEMBER 22,2019 G My Commission Expires: -' . --t rt/ :./tr 2 t 2t{ 1 � 4496919 06/12/2019 03 28 PM Total Pages: 2 Rec Fee: $18 00 Carly Koppes - Clerk and Recorder, Weld County, CO After recording return to: The Caffey Group,L.L.C. 8851 Camp Bowie West Suite 100 Fort Worth,TX 76116 MINERAL DEED KNOW ALL MEN BY THESE PRESENTS: THAT Westgate Mineral Group,LLC,of 222 W. Main St.,Arlington, TX 76010, hereinafter called GRANTOR(whether one or more), for and in consideration of the sum of Ten and more Dollars ($10.00) in hand paid and other good and valuable considerations, the receipt of which is hereby acknowledged, does hereby grant, bargain, sell, convey, transfer, assign and deliver unto Lowe Royalty Partners, LP, of 1717 W. 6"' Street, Suite 470, Austin, TX 78703, hereinafter called GRANTEE, an undivided 90.0000% of Grantor's interest in and to the oil, gas and other minerals in and under and that may be produced from the following described lands situated in Weld County, State of Colorado, to-wit: Township 1 North,Range 64 West Section 12: Lot A, being part of the SW/4 (11.0600 gross acres;9.9540 net acres) Containing 11.0600 gross acres,more or less,together with the right of ingress and egress at all times for the purpose of mining, drilling, exploring, operating and developing said lands for oil, gas and other minerals and storing, handling, transporting and marketing the same therefrom with the right to remove from said land all of Grantee's property and improvements. It is the intent of the Grantor herein,to convey to Grantee, an undivided 9.9540 net mineral acres in the above described lands. If there is a conflict between the interest stated herein and the interest stated in the granting clause,the interest stated in the granting clause shall control. This sale is made subject to any rights now existing in favor of any Lessee or its assigns under any valid and subsisting oil and gas tease of record heretofore executed; it being understood and agreed that said Grantees shall have, receive, and enjoy the herein granted undivided interest in and to all bonuses, rents, royalties and other benefits which may accrue under the terms of said lease insofar as it covers the above described land from and after the date hereof, precisely as if Grantee herein had been, at the date of the making of said lease, the owner of this undivided interest in and to the land described and Grantees the Lessors therein. Grantor agrees to execute such further assurances as may be requisite for the full and complete enjoyment of the rights herein granted. Grantor agrees that Grantee herein shall have the right at any time to redeem for said Grantor by payment, any mortgage, taxes, or other liens on the above described land, upon default in payment by Grantor,and be subrogated to the rights of the holder thereof. 4496919 06/12/2019 03:28 PM Page 2 of 2 TO HAVE AND TO HOLD the above described oil, gas other mineral interest with all and singular the rights, privileges and appurtenances thereunto or in any wise belonging to the said Grantees herein, their heirs, successors, personal representatives, administrators, executors and assigns forever, and Grantor does hereby warrant said title to Grantees their heirs, executors, administrators, personal representatives, successors and assigns forever and does hereby agree to defend all and singular the said property unto the said Grantees herein their heirs, successors, executors, personal representatives and assigns against all and every person or persons whomsoever lawfully claiming or to claim the same or any part thereof. WITNESS our hand this 7+i- day of June,2019; (but to be effective the —71 clay of June,2019). Grantor: Westgate Mineral Group,LLC By: a-4 Chris Caffey,Managing Me ber ACKNOWLEDGMENT OF CORPORATION STATE OF TEXAS ) )SS. COUNTY OF TARRANT ) This instrument was acknowledged before me on this —1 fr4 day of June, 2019 by Chris Caffey, Managing Member of Westgate Mineral Group,LLC, on behalf of said company. SAMIRA RICHARDSON �61,A L 4 • Notary Public,State of Texas Notary Public :y_ qr, +s.;: Comm.Expires 10-12-2020 ' r f i 0�,100 NotaryID 128521349 SW I KJ G M+� CD56/\{. Printed Name: My Commission Expires: ID - {. —2 t� 4942272 01/31/2024 04:51 PM Total Pages: 10 Rec Fee: $58.00 Carly Koppes - Clerk and Recorder, Weld County , CO After recording return to: The Caffey Group,L.L.C. PO Box 122988 Fort Worth,TX 76116 MINERAL DEED KNOW ALL MEN BY THESE PRESENTS: THAT Westgate Mineral Group, LLC, of PO Box 122988, Fort Worth, TX 76116, hereinafter called GRANTOR (whether one or more), for and in consideration of the sum of Ten and more Dollars ($10.00) in hand paid and other good and valuable considerations, the receipt of which is hereby acknowledged, does hereby grant, bargain, sell, convey, transfer, assign and deliver unto THP Royalties, LLC of 1320 Lake St., Fort Worth, TX 76102, hereinafter called GRANTEE, the oil, gas and other minerals in and under and that may be produced from the following described lands situated in Weld County,State of Colorado,to-wit: SEE ATTACHED EXHIBIT"A" Containing 10,772.3500 gross acres,more or less,together with the right of ingress and egress at all times for the purpose of mining, drilling, exploring, operating and developing said lands for oil, gas and other minerals and storing, handling, transporting and marketing the same therefrom with the right to remove from said land all of Grantee's property and improvements. It is the intent of the Grantor herein, to convey to Grantee, an undivided 23.51292044074 net mineral acres in the above described lands. If there is a conflict between the interest stated herein and the interest stated in the granting clause,the interest stated in the granting clause shall control. This sale is made subject to any rights now existing in favor of any Lessee or its assigns under any valid and subsisting oil and gas lease of record heretofore executed; it being understood and agreed that said Grantees shall have, receive, and enjoy the herein granted undivided interest in and to all bonuses, rents, royalties and other benefits which may accrue under the terms of said lease insofar as it covers the above described land from and after the date hereof,precisely as if Grantee herein had been,at the date of the making of said lease, the owner of this undivided interest in and to the land described and Grantees the Lessors therein. Grantor agrees to execute such further assurances as may be requisite for the full and complete enjoyment of the rights herein granted. Grantor agrees that Grantee herein shall have the right at any time to redeem for said Grantor by payment, any mortgage, taxes, or other liens on the above described land, upon default in payment by Grantor,and be subrogated to the rights of the holder thereof. TO HAVE AND TO HOLD the above described oil, gas other mineral interest with all and singular the rights, privileges and appurtenances thereunto or in any wise belonging to the said Grantees herein,their heirs,successors,personal representatives,administrators,executors and assigns forever. 4942272 01/31/2024 04:51 PM Page 2 of 10 WITNESS our hand this otb day of January, 2024; (but to be effective the db day of January,2024). (SIGNATURE PAGE TO FOLLOW) 4942272 01/31/2024 04:51 PM Page 3 of 10 Grantor: Westgate Mineral Group,LLC By: ~r' Martin Oakes,Managing Member ACKNOWLEDGMENT OF CORPORATION STATE OF TEXAS ) )SS. COUNTY OF TARRANT ) This instrument was acknowledged before me on this a( day of January, 2024 by Martin Oakes, Managing Member of Westgate Mineral Group,LLC,on behalf of said company. 8rittney Coe {! ittr,,I . My Commission Expires IIIIIVJJ JlN►r t(/� 0' 8/27/r2yy0o Notary Public 133299367 Printed Name: E ll r I TI j CDC My Commission Expires: 8 21 12015 4942272 01/31/2024 04:51 PM Page 4 of 10 EXHIBIT"A" Westgate Mineral Group,LLC(Grantor) Township 1 North,Range 63 West,6ch P.M. Section 6:NW/4 (168.1200 gross acres;0.524063225 net acres) Section 6:N/2 NE/4 (80.9200 gross acres; 1.20168475875 net acres) Township 1 North,Range 64 West,61h P.M. Section 12: Lot A,being part of the SW/4 (11.0600 gross acres;0.367745 net acres) Section 19:That part of the S/2 being described as:Beginning at the Southeast corner of said Section 19; thence NOO°10'47"E on an assumed bearing along the Easterly line of said S/2 of Section 19 a distance of 2689.20 feet to the East'A corner of said Section 19;thence S89°28'48"W along the Northerly line of said S/2 of Section 19 a distance of 424.00 feet;thence SOO°10'47"W parallel with said Easterly line of the S/2 of Section 19 a distance of 1036.60 feet;thence S60°09'55"W a distance of 1672.65 feet;thence S87°31'09"W a distance of 19.70 feet;thence S02°40'33"W a distance of 308.22 feet;thence N89°21'45"W a distance of 959.88 feet;thence S51°24'16"W a distance of 86.40 feet;thence S02°24'47"W a distance of 471.60 feet to the Southerly line of the SW/4 of Section 19; thence N89°52'23"E along said Southerly line of the SW/4 of Section 19 a distance of 332.00 feet to the South '/corner of said Section 19; thence N89°52'23"E along the Southerly line of the SE/4 of said Section 19 a distance of 2619.03 feet to the place of beginning.And also described as Lots A and B in recorded Exemption No.1475-19-4 RE-3464,being a portion of the S/2 of Section 19 more fully described in Document 3045872 of the records of the Clerk and Recorder of Weld County, Colorado. (80.1000 gross acres;0.396502509375 net acres) 4942272 01/31/2024 04:51 PM Page 5of10 Township 1 North,Range 64 West,6'h P.M. CONTINUED: Section 32:NW/4;Less and Except: Commencing at a point on the east line of said quarter section which is eleven hundred and forty-eight(1148)feet south of the north quarter corner of said section thirty-two(32)and is the point of intersection of the north line of The Denver Hudson Canal with the east line of said quarter section;thence north eighty-four(84)degrees no minutes west two hundred and sixty-six(266)feet to point One;thence south eighty-three(83)degrees twenty(20) minutes west two hundred(200)feet to point Two;thence south fifty(50)degrees forty-five(45) minutes west two hundred and seventeen(217)feet to point Three;thence south twenty-seven(27) degrees forty(40)minutes west one hundred and sixty-eight(168)feet to point Four;thence south three(3)degrees thirty(30)minutes west one hundred and fifteen(115)feet to point Five;thence south eighty-one(81)degrees twenty(20)minutes west four hundred and sixty-five(465)feet to point Six;thence north thirty-two(32)degrees ten(10)minutes west four hundred and eighteen (418)feet to point Seven;thence south thirty-five(35)degrees no minutes west one hundred and ninety-one(191)feet to point Eight;thence south sixty-three(63)degrees forty-five minutes west three hundred and fifty-three(353)feet to point Nine;thence south seventy-three(73)degrees fifty (50)minutes west five hundred and six(506)feet to point Ten;thence north sixty-seven(67)degrees no minutes west two hundred and ninety seven(297)feet to point Eleven;thence south sixty-four (64)degrees five(5)minutes west sixty(60)feet to the west line of said quarter section;thence south along said west line one thousand and six(1006)feet to the west quarter corner of said section; thence east to the southeast corner of said quarter section;thence north seven hundred and thirty- five(735)feet on the east line of said quarter section;thence west six hundred(600)feet to the east line of the right of way of The Denver Hudson Canal;thence north four hundred and sixty-five (465)feet to a point on the line of the right of way of The Denver Hudson Canal,which is opposite point Four,as above described and one hundred(100)feet distant therefrom;thence north and east upon the line of the right of way of The Denver Hudson Canal running parallel with and distant from the lines of said right of way established by points One,Two,Three and Four,and distant one hundred(100)feet from each thereof,to the east line of said quarter section;thence north to the place of beginning and containing sixty(60)acres of land,more or less.Leaving in the aggregate of 100.00 acres. (100.0000 gross acres; 1.6625 net acres) Township 2 North,Range 62 West,6'h P.M. Section 4:NE/4;E/2 NW/4;SW/4 NW/4 (280.0000 gross acres;2.7720525 net acres) Township 2 North,Range 63 West,6'h P.M. Section 19: SW/4 (166.0000 gross acres; 0.21912679005 net acres) Township 3 North,Range 62 West,6'h P.M. Section 23: N/2 (320.0000 gross acres; 2.216667775 net acres) Section 33: SE/4 SE/4;W/2 SE/4; E/2 SW/4 (200.0000 gross acres; 1.9800375 net acres) 4942272 01/31/2024 04:51 PM Page 6 of 10 Township 4 North,Range 61 West,66 P.M. Section 17: S/2 SW/4 (80.0000 gross acres; 1.33 net acres) Section 18: Lot 4;SE/4 SW/4;S/2 SE/4 (160.8800 gross acres; 1.72463 net acres) Township 4 North,Range 62 West,6'h P.M. Section 13: S/2; S/2 NE/4;SE/4 NW/4,except that portion lying within a parcel of land conveyed to Ben Gallagher,in Warranty Deed recorded in Reception No. 1270635,described as follows: Beginning at an iron pipe on the East quarter corner of said Section 13;and running Southwest along the embankment of the Riverside Outlet Ditch 115 feet;thence Northwest 380 feet; thence Southwest 300 feet,along said embankment;thence South 1528 feet to the right of way fence of the Union Pacific Railroad Company,thence East 760 feet;thence North along the East line of Section 13,a distance of 1421 feet to the point of beginning,containing 26.00 acres,more or less. (414.0000 gross acres; 0.432728218125 net acres) Section 14:N/2 SE/4 (80.0000 gross acres;0.0101208514575 net acres) Section 14: S/2 S/2 (160.0000 gross acres;0.2024473960425 net acres) Section 23: N/2 N/2 (160.0000 gross acres;0.2024473960425 net acres) Section 25: SE/4 NW/4 (40.0000 gross acres;0.2892099460425 net acres) Township 4 North,Range 68 West,6'h P.M. Section 21: That part of the W/2 SE/4,as more particularly described in that certain Warranty Deed recorded in Weld County,Colorado at Reception Number 2330845,on April 28'h,1993. (5.0000 gross acres;0.05422659375 net acres) Township 5 North,Range 61 West,6'h P.M. Section 13: NE/4 (160.0000 gross acres;0.3542818585425 net acres) Township 6 North,Range 61 West,6'h P.M. Section 3: Lots 3 and 4;S/2 NW/4 (159.0700 gross acres; 0.028848547875 net acres) Section 10: SE/4 (160.0000 gross acres;0.2892099460425 net acres) ,.-.ry.T.""T.fl"'-..��..1---.�T.�"'-g--,' - .r._a. ., _.. .. .. _ _ __ _..�. ...•'C-.Oa,-,m+.-._fey 4942272 01/31/2024 04:51 PM Page7of10 Township 6 North,Range 61 West,6'h P.M.CONTINUED: Section 11:NE/4 SE/4 (40.0000 gross acres;0.144607142085 net acres) Section 11:S/2 SE/4 (80.0000 gross acres;0.289205607915 net acres) Section 13:NW/4 NW/4 (40.0000 gross acres;0.096401869305 net acres) Section 15: E/2 NE/4 (80.0000 gross acres;0.5112266352375 net acres) Section 15: N/2 NW/4 (80.0000 gross acres;0.60733785 net acres) Section 29:W/2 NE/4;E/2 NW/4 (160.0000 gross acres;0.182201355 net acres) Section 29: E/2 SW/4;W/2 SE/4 (160.0000 gross acres;0.040492082085 net acres) Township 7 North,Range 62 West,6'h P.M. Section 32:NW/4 (160.0000 gross acres;0.08263017369 net acres) Section 34:S/2;NW/4 (480.0000 gross acres;0.061974489465 net acres) Township 7 North,Range 63 West,6th P.M. Section 8:SW/4 (160.0000 gross acres;0.1518344625 net acres) Section 12:N/2; SE/4 (480.0000 gross acres;0.0506129335425 net acres) Section 22: N/2 SE/4 (80.0000 gross acres; 0.38211962271 net acres) Township 7 North,Range 64 West,6'h P.M. Section 4:SW/4 (160.0000 gross acres;0.22775169375 net acres) 4942272 01/31/2024 04:51 PM Page 8 of 10 Township 7 North,Range 65 West,61h P.M. Section 12:W/2 (320.0000 gross acres;0.0190313653425 net acres) Section 12: SE/4 (160.0000 gross acres;0.0190313653425 net acres) Section 17: SE/4 (160.0000 gross acres;0.22775169375 net acres) Section 18:That part of the NE/4,lying North and West of the right-of-way of the Larimer and Weld Irrigation Company's Canal excepting therefrom that part as described in the Warranty Deed recorded in Book 269 at Page 341 of the records of Weld County,Colorado. (74.0000 gross acres; 0.1404468778125 net acres) Township 7 North,Range 66 West,6'h P.M. Section 3: A tract of land being a part of the SE/4 in said Section 3,being more particularly described in Quitclaim Deed being dated November 6,1998,and recorded as Reception Number 2655991 in the office of County Clerk and Ex-Officio Register of Deeds for said Weld County, Colorado. (1.6800 gross acres;0.0255081897 net acres) Section 3: A tract of land being a part of the SE/4 in said Section 3,being more particularly described in Parcel A of Recorded Exemption 0707-3-4-RI 800,dated June 12,1986 and recorded as Reception Number 2057002;and Parcel B of Recorded Exemption 0707-3-4-RE 880,dated June 12, 1986 and recorded in Reception Number 2057002 in the office of County Clerk and Ex-Officio Register of Deeds for said Weld County,Colorado. (79.6500 gross acres;0.220923481065 net acres) Township 7 North,Range 67 West,6'h P.M. Section 8:Lot A of Recorded Exemption No.0705-08-2-RE-4896,recorded May 21,2009,at Reception No.3624448,being a part of the S/2 NW/4,containing 2.00 acres,more or less. AND Section 8: Lot B of Recorded Exemption No.0705-08-2-RE-4896,recorded May 21,2009,at Reception No.3624448,being a part of the S/2 NW/4,containing 3.00 acres,more or less. AND Section 8: Lot B of Recorded Exemption No.0705-08-2-RE-1537,recorded November 10, 1993,at Reception No.2359094,being a part of the S/2 NW/4,containing 73.50 acres,more or less. (78.5000 gross acres; 0.057844592085 net acres) 4942272 01/31/2024 04:51 PM Page 9 of 10 Township 7 North.Ranee 67 West,6th P.M.CONTINUED: Section 30:SW/4,Except 34.79 acres described in Book 826,Page 398;and 36.47 acres described as commencing at a point which bears North 35°04'East 3,369.60 feet from the Southwest corner of Section 30;thence North 86°47' East 2,852.50 feet;thence North 00°35'East 415.00 feet;thence North 87° 13'West 89.50 feet;thence North 86°07'West 376.00 feet;thence North 24°37'West 185.50 feet;thence North 32°06'East 284.00 feet;thence North 57°19' West 142.60 feet;thence South 54° 12'West 917.30 feet;thence South 84°08'West 478.50 feet; thence North 24°06'East 441.20 feet;thence North 38°14' East 208.00 feet;thence North 68°46' West 78.80 feet;thence South 75°46'West 327.20 feet;thence South 54°34'West 230.60 feet;thence South 32°13'West 156.60 feet;thence South 39°37'West 513.80 feet;thence South 49°03'West 293.80 feet;thence South 55°04'West 274.70 feet to the place of beginning. (161.5600 gross acres;0.5422659375 net acres) Township 8 North,Range 64 West,6'h P.M. Section 32:W/2 (320.0000 gross acres; 0.4555033875 net acres) Township 8 North,Ranee 65 West,61h P.M. Section 4:SW/4 (160.0000 gross acres;0.22775169375 net acres) Township 9 North,Range 59 West,6'h P.M. Section 3: Lots 1 and 2; S/2 NE/4 (160.4500 gross acres;0.07447945185 net acres) Township 10 North,Range 57 West,6'h P.M. Section 32:NE/4 (160.0000 gross acres;0.20823012 net acres) Township 10 North,Ranee 59 West,6'h P.M. Section 22:W/2 NE/4;E/2 NW/4;SW/4 NW/4;NW/4 SW/4 (240.0000 gross acres;0.130143825 net acres) Section 34:NE/4 SE/4; S/2 SE/4 (120.0000 gross acres;0.0557015571 net acres) Township 11 North,Range 57 West,6`11 P.M. Section 18:Lots 1 and 2;E/2 NW/4;NE/4 (311.3600 gross acres; 0.36089998191 net acres) Section 26: S/2 SW/4 NW/4; E/2 NW/4;W/2 NE/4;SW/4;S/2 SE/4 (420.0000 gross acres;0.075814355655 net acres) Section 27:S/2 SE/4 NE/4;E/2 SE/4 (100.0000 gross acres;0.018089991675 net acres) 4942272 01/31/2024 04:51 PM Page 10 of 10 Township 11 North,Range 57 West,6'h P.M.CONTINUED: Section 34:NE/4 NE/4 (40.0000 gross acres;0.007157910375 net acres) Section 35:W/2;NE/4; S/2 SE/4 (560.0000 gross acres; 0.1010845680750 net acres) Township 11 North,Range 58 West,6'h P.M. Section 26: SE/4;W/2 NE/4 (240.0000 gross acres;0.08864533125 net acres) Section 27: S/2 (320.0000 gross acres;0.10734845625 net acres) Section 34: E/2 (320.0000 gross acres;0.10734845625 net acres) Section 35: N/2 (320.0000 gross acres; 0.03253595625 net acres) Township 11 North,Range 63 West,6'h P.M. Section 34: W/2 (320.0000 gross acres; 1.03464340875 net acres) Section 35: NW/4 (160.0000 gross acres;0.08097920631 net acres) Township 11 North,Range 66 West,6'h P.M. Section 23: E/2 (320.0000 gross acres;0.0068325508125 net acres) LEAVING IN THE AGGREGATE OF 10,772.3500 GROSS ACRES; 23.51292044074 NET MINERAL ACRES IN THE ABOVE TRACTS. END OF EXHIBIT"A" 4934873 Noes: 1 of 6 04/18/2024 10:22 RR R Fee:$38.00 0 Fee:$0.00 Carly Kopp's, Clerk and Recorder, Weld County . CO 1111ridN1>~YW4riglii,i1 ,NUM 1711PIhlAN,11111 MINERAL,ROYALTY,OVERRIDING ROYALTY AND LEASEHOLD CONVEYANCE STATE OF COLORADO § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF ADAMS,ARAPAHOE&WELD § That the undersigned,CAPSHEAF LLC,TWO SISTERS LLC,AND COMPTON LLC whose address is 5203 Juan Tabo Boulevard NE,Suite 2B,Albuquerque,New Mexico 97111 ("Grantor"),for and in consideration of the sum of One Hundred and no/100 U.S.Dollars ($100.00)and other good and valuable consideration,the receipt and sufficient of which is hereby acknowledged,does hereby convey,transfer,assign and set over in the proportions of 1/8th unto PATCH ENERGY LLC,whose address is P.O.Box 51068,Midland,Texas 79710, 1/8th unto CANDLEWOOD RESOURCES,LLC,whose address is P.O.Box 2402,Midland, Texas 79702,1/4th unto DINGUS INVESTMENTS,INC,whose address is P.O.Box 11120, Midland,Texas 79702,1/4th unto CUATRO ROJOS,LLC,whose address is P.O.Box 2177, Midland,Texas 79702,1/4th unto TEXAS OCEAN LLC,whose address is P.O.Box 2006, Midland,Texas 79702("Grantees"),fifty percent(50%)of Assignor's right,title and interest in and to all oil and gas leasehold,overriding royalty interest(s),and to all of the oil,gas and other minerals in and under and that may be produced from the following described lands situated in Adams,Arapahoe,and Weld County,Colorado: See Exhibit"A" together with the rights of ingress and egress at all times for the purpose of mining,drilling, exploring,operating and developing said lands for oil,gas and other minerals,and storing, handling,transporting and marketing the same therefrom with the right to remove from said land all of Grantee's property and improvements. This grant is made subject to any rights now existing to any Lessee or assigns under any valid and subsisting oil and gas lease heretofore executed and now of legal record, it being agreed that the Grantees herein shall have,receive and enjoy the herein granted undivided interest in all bonuses,rents,royalties,and other benefits which may accrue thereunder from and after the effective date provided herein precisely as if the Grantees herein had been at the date of making said lease and/or leases the owner of a similar undivided interest in the land above • described,and none other,and Grantee the Lessor therein. In addition to the foregoing,Grantor does hereby transfer,assign,and set over unto Grantees all of Grantor's interest in and to all monies,proceeds,income,and other personal properties now on hand or in the possession of any third party,bank,trustee,pipeline company, or purchaser which have heretofore accrued to the interest of Grantor in said land that has been herein conveyed to Grantee. Grantor does hereby irrevocably appoint and constitute Grantees as its agent and attorney-in-fact for the limited purpose only of executing division orders,transfer orders and all other instruments as may be necessary to make fully effective the rights herein granted,so that Grantee may act in my place and stead for this limited purpose only. TO HAVE AND TO HOLD the above-described property and easements with all and singular the rights,privileges and appurtenances thereunder,or anywise belonging to said Grantees herein,its successors and assigns forever,and Grantor does hereby bind themselves, their heirs,executors,administrators,successors and assigns to warrant and forever defend all and singular the said property unto the said Grantees herein,its successors and assigns,against every person whomsoever lawfully claiming or to claim the same or any part thereof,by, through and under Grantor,but not otherwise.Grantor also agrees to execute such further assurances as may be reasonably requested or required to allow Grantees full use and enjoyment of the interest conveyed by this Mineral Deed. 1 4954873 Pogo*: 2 of 8 04/18/2024 10:22 R11 R Fee:$38.00 0 Fee:$O.00 Carly Koppee, Clerk and Recorder, Weld County , CO 1111fIM LV11011.14101k 11111 It being the intent of this Mineral,Royalty,Overriding Royalty and Leasehold Conveyance to convey fifty percent(50%)of its interest in and to all of the oil,gas and other minerals owned by the Grantor in the lands described herein on Exhibit"A"land to the Grantees in the proportions set forth above. Executed this lit day of A Qfrt t ,2024. GRANTOR: -t (7> 16�I,M-a.-C Capsheaf LLC By:Chris Edwards,Sole Member Two Sisters LLC By:Chris Edwards,Sole Member Compton LLC By:Chris Edwards,Sole Member (Acknowledgements on Page to Follow) 2 4934873 Pages: 3 of 8 04/10/2024 10:22 AM R Fee:$38.00 0 Fee:$0.00 Carly Kappa,, Clerk and Recorder, Weld County , CO NM raighitAlrkinti N4i INN iii/Wrr«g iiii III III ACKNOWLEDGMENTS STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the 11`1` day of Apr; t ,2024, by Chris Edwards,in his capacity of Sole Member of Capsheaf LLC and acknowledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. „,..„pyre. =37#2207523.4z /! /v Fe W. .PUB,AP4o° Notary Pu lic,State of Oklahoma STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the I et` day of fffyi 1 ,2024, by Chris Edwards,in his capacity of Sole Member of Two Sisters LLC and acknowledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. �: F .� 5'A 22o1522a`p: '""%g,Z,' Public,State of oma — STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the I� day of f t { ,2024, by Chris Edwards,in his capacity of Sole Member of Compton LLC and ac owledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. .Q:s 220t 523•'A `r aay. .tP `-9t.Ciaa-?• Notary Public,State of Oklahoma (Exhibit "A"to Follow) 3 4994873 Pages: 4 of 6 04/18/2024 10;22 AM R Fee:$38.00 0 Fee:$0.00 Carly Koppatt, Clerk end Reoorder, Weld County , CO •IIWaillIfiill liti,EidaklitNOfelN Poliarl 11111 • Exhibit"A" Attached to and made a part of that certain Mineral,Royalty,Overriding Royalty and Leasehold Conveyance front Capsheaf LLC,Two Sisters LLC,and Compton LLC to Patch Energy LLC,Candlewood Resources,LLC,Dingus Investments,Inc.,Cuatro Rojos,LLC,and Texas Ocean LLC IT IS THE INTENT OF GRANTOR TO ASSIGN FIFTY PERCENT(S0%)OF ITS RIGHT OR INTEREST OF ANY KIND IN THE FOLLOWING DESCRIBED LANDS,WHEREVER SITUATED AND WHETHER CORRECTLY DESCRIBED HEREIN OR NOT: Section Township flange Land Description fare ,Copan 2 2S 65W SE/4 Colorado Adams 18 IS 64W W/2 Colorado Adams 10 IS 65W E2 Colorado Adams 24 IS 65W E2 SE/4 SW/4,S/2 SF/4 Colorado Adams 2 2S 65W (Compton)SF14 Colorado Adams 22 4S 63W S2 NE/4(Arapahoe) Colorado Arapahoe 10 45 64W N/2(Arapahoe) Colorado Arapahoe 2 5S 64W ALL Colorado Arapahoe 32 ION 57W NE/4 Colorado Weld 18 11N 57W Lots I&2,E/2 NW/4,NE/4 a/d/a N/2 Colorado Weld 26 I IN 57W SW/4,S2 SF/4,W2 NE/4,E/2 NW/4,5/2 SW/4 NW/4 Colorado Weld 27 I IN 57W S2 SE/4 NE/4,FJ2 SE/4 Colorado Weld 34 IIN 57W NE/4 NE/4 Colorado Weld 35 IIN 57W W/2,NE/4,S2 SF14 Colorado Weld 26 I I N 58W SE/4&W/2 NE/4 Colorado Weld 27 IIN 58W S2 Colorado Weld 34 IIN 58W E/2 Colorado Weld 35 IIN 58W N2 Colorado Weld 3 9N 59W Lou I&2,S/2 NE/4 Colorado Weld 19 ION 59W Lots 3&4,E2 SE/4 Colorado Weld 22 ION 59W W2 NE/4,F12 NW/4,SW/4 NW/4,NW/4 SW/4 Colorado Weld 26 ION 59W N/2 Colorado Weld 34 ION 59W NE/4 SFJ4,52 SE/4 Colorado Weld 4 ION 60W Lots 3&4,S/2 NW/4,SW/4 Colorado Weld 5 ION 60W Lots 1&2,S2 NE/4,S2 Colorado Weld 7 ION 60W NF/4 Colorado Weld a ION 60W N2 Colorado Weld 31 ION 60W Lots I,2&3,0/2 NW/4,NE./4 SW/4,SF14,S2 NE/4 Colorado Weld 1IN 60W SE/4 Colorado Weld 2 11N 60W Lots 3&4,S/2 NW/4 Colorado Weld 3 1 I N 60W S2 Colorado Weld 4 I IN 60W NE/4,NW/4,SE/4,S2 SW/4 Colorado Weld 5 1 I N 60W Lots I,2,3,4,S2 N2 Colorado Weld 6 11N 60W All Colorado Weld 7 II N 60W Lots 1,2,3,4,E/2 W2,SF14 Colorado Weld 8 IIN bOW W2,NE/4,S2 SE/4,N2 SE/4 Colorado Weld 9 11N 60W SF14 Colorado Weld 12 11N 60W E/2 Colorado Weld 15 IIN 60W W/2,SE/4 Colorado Weld 17 I1N 60W N2,SW/4 Colorado Weld 18 IIN 60W Lots I&2,0/2 NW/4,Lots 3&4,F12 SW/4,SF14,NE/4 Colorado Weld 19 I1N 60W NE/4 Colorado Weld 19 I 1 N 60W Lots 3&4,E/2 W/2 Colorado Weld 20 I1N 60W ALL Colorado _ Weld 21 I IN 60W SF14 Colorado Weld 22 IIN 60W N2 Colorado Weld 21 I2N 60W SW/4,p/o NW/4 Colorado Weld 24 II N 60W NW/4,E/2 Colorado Weld 28 12N 60W ALL Colorado Weld 29 I2N 60W ALL Colorado Weld 30 I IN 60W Lots I,2,3,4,0/2 W2,E2 Colorado Weld 30 12N 60W 11.12 NE/4,0/2 NW/4,SE/4 Colorado Weld 32 12N 60W SF14 Colorado Weld 33 I2N 60W FJ2 Colorado Weld 34 12N 60W W/2 Colorado Weld 23 3N 62W NE/4,NW/4 Colorado _ Weld 17 4N 6IW S2SW/4 Colorado Weld 18 4N 61 W S2 SE/4,SE/4 SW/4,Lot 4 Colorado Weld I 5N 61 W NW/4,NFI4 Colorado Weld 13 _ 5N 61 W NE/4 Colorado Weld 3 6N 61 W Lots 3&4,S2 NW/4 Colorado Weld 4954873 Pages: 5 of 6 O4/16/2O24 10:22 AM R Fee:$38.O8 D Fes:$0.00 Carly Kopp**, Clerk and Recorder, 'Jald County , CO 1111Mrdillhiehl110i'Vie 10IaZNI:vudtr 11111 10 6N 61 W SE/4 Colorado Weld 11 IN 61W S/2 SF14,NE/4 SE/4 Colorado Weld 13 IN 61W NW/4 NW/4 Colorado Weld 15 6N 61W &2 NE/4,N/2 NW/4 Colorado Weld 29 IN 61W E/2 SW/4,W2 SE/4,W/2 NE/4,E/2 NW/4 Colorado Weld 2 9N 61 W Lots I4,S2 N/2 a/dJa N/2 Colorado Weld 3 9N 61 W Lots 1-4,S2 N2 tilde N2 Colorado Weld 4 9N 61 W S2,NW/4 ado Lots 3&4,S2 NW/4 Colorado Weld 8 9N 61W NE/4,SE/4 Colorado Weld 9 9N 61W NW/4,SE/4 Colorado Weld 10 9N 61W SW/4 Colorado Weld 11 9N 61W NW/4 Colorado Weld 17 9N 61W ALL Colorado Weld 18 9N 61W Lots 1-3,FI2 NW/4,E2 SW/4,E12 Colorado Weld 19 9N 61 W Lots 2-4,E/2 W/2,SE/4 Colorado Weld 21 9N 61 W SW/4 Colorado Weld 22 9N 61W NW/4 Colorado Weld 30 9N 61W Lot 1,NE/4 NW/4,N2 NE/4 Colorado Weld 35 ION 61W SW/4 Colorado Weld 31 IIN 6IW Lots 3&4,ER SW/4 a/d/a SW/4 Colorado Weld 32 IIN 61 W SE/4,En SW/4 Colorado Weld 34 IIN 61W W/2 Colorado Weld 28 IIN 61 W E/2NEJ4,E/2SE14,NW/4NW/4,SW/4SE/4,S2SW/4 less 10a Colorado Weld 1 IIN 61W S2 Colorado Weld 2 MN 61W Lots 1&2,S2 NE/4 a/d/a NEJ4 Colorado Weld 13 l IN 61W N2&SE/4 Colorado Weld 24 I IN 61 W Ell,W2 Colorado Weld 25 11N 61 W ALL Colorado Weld 26 1 IN 61 W W2&NE/4 Colorado Weld 22 9N 61 W NW/4 Colorado Weld 35 12N 61W ALL Colorado Weld 13 I 1 N 61W N2,SF14 Colorado Weld 3 ION 61 W N/2&N2 N2 52 Colorado Weld 4 ION 61 W Lots 1&2,S2 NF14 Colorado Weld 35 ION 61W SW/4 Colorado Weld 24 11 N 61W E/2,W2 Colorado Weld 24 12N 61 W W2 Colorado Weld 27 12N 61W S2 Colorado Weld 33 12N 61 W NE/4 Colorado Weld 35 12N 61 W _ All Colorado Weld 4 2N 62W NE/4,E/2 NW/4,SW/4 NW/4 Colorado Weld 23 3N 62W N/2 Colorado Weld 33 3N 62W SF14 SE/4,W2 SE/4,E/2 SW/4 Colorado Weld 13 4N 62W S2,S2 NE/4,SF14 NW/4,except portion mpd in WD Colorado Weld 14 4N 62W N2 SE/4,S2 S2 Colorado Weld 23 4N 62W N2 N2 Colorado Weld 25 4N 62W SE/4 NW/4 Colorado Weld 32 7N 62W NW/4 Colorado Weld 34 7N 62W S2,NW/4 Colorado Weld 24 9N 62W SF/4 NE/4,NE/4 SE/4 Colorado Weld 25 9N 62W NE/4 Colorado Weld 33 9N 62W All Colorado Weld 1 ION 62W All Colorado Weld 5 ION J 62W N2 SW/4,SE/4 SW/4,SW/4 NW/4 Colorado Weld 33 ION 62W SW/4 SW/4 Colorado Weld 14 IIN 62W SF/4 Colorado Weld 34 IIN 62W SF14 Colorado Weld 35 IIN 62W SE/4,W/2 Colorado Weld 6 IN 63W NW/4,N/2 NE14 _ Colorado Weld 19 2N 63W SW/4 Colorado Weld 8 7N 63W SW/4 Colorado Weld 12 7N 63W N2&SE/4 Colorado Weld 22 7N 63W N/2 SE/4 Colorado Weld 3 ION 63W Lots 3&4,S2 NW/4,SW/4 Colorado Weld 4 10N 63W Lots 1-4,S2 N2,SE/4 Colorado Weld 5 ION 63W SF14 Colorado Weld 10 ION 63W S2 S2,NW/4 Colorado Weld 11 ION 63W SW/4 Colorado Weld 12 1ON 63W S/2 SW/4 Colorado Weld 13 10N 63W N2 NW/4 Colorado Weld 35 II 63W NW/4 Colorado Weld 34 1 IN 63W W/2 Colorado Weld 4 7N 64W SW/4 Colorado Weld 32 8N 64W W2 Colorado Weld 12 I N 64W Lot A being part of the SW/4 Colorado Weld 19 1 N 64W Part of the S/2 being MPD in Mineral Deed Colorado Weld 4954873 Popes: 8 of 8 04/10/2024 10:22 AM R Fee:$38.00 D Fee:$0.00 Carly Koppee. Clerk and Reoordar, Weld County , CD 1111 riallinkinig 4iiiiFhikill MAO CIA11'r:1,1114 11111 ' 32 1N 64W NW/4,L&E a tract MPD in Mineral Deed Colorado Weld 17 7N 65W SE/4 Colorado Weld 18 7N 65W Part of the NFJ4 mpd in Warranty Deed Colorado Weld 4 8N 65W SW/4 Colorado Weld 3 7N 66W PO SE/4,mpd in QCD and tract mpd in Parcel A Colorado Weld 23 I I N 66W E/2 Colorado Weld 8 7N 67W Pont of Lot A&Lot B,being PO S/2 S W/4 MPD in MD Colorado Weld 30 7N 67W SW/4,Except 34.79 acres MPD Colorado Weld 34 8N 67W N/2,S&E Black Hollow Reserve Colorado Weld 21 4N 66W W/2 SE/4 Colorado Weld 3 9N 56W S/2 NW/4 Colorado Weld 17 I IN 57W N/2 Colorado Weld 4 I IN 58W NW/4,SE/4 Colorado Weld 26 I IN 58W W/2 NE/4,SE/4 Colorado Weld 27 11N 58W Sf2 Colorado Weld 34 IIN 58W Ff2 Colorado Weld 35 1IN 58W N/2 Colorado Weld 3 ION 58W N/2 Colorado Weld 9 ON 58W SW/4 Colorado Weld 10 9N 58W N/2,S/2 SW/4 Colorado Weld 14 9N 58W S/2,5W/4 NW/4 Colorado Weld 15 9N 58W All Colorado Weld 17 9N 58W S2,NEJ4,Sn NW/4 Colorado Weld 21 9N 58W N/2 NW/4 Colorado Weld 22 9N 58W NW/4 NW/4 Colorado Weld 23 9N 58W NW/4,N2NE/4 Colorado Weld 27 9N 58W SW/4 SE/4 Colorado Weld 22 8N 59W NE14 Colorado Weld 17 7N 59W N2 Colorado Weld 4 l IN 60W All Colorado Weld 6 I IN 60W All Colorado Weld 4 ION 60W All Colorado Weld II 9N bOW Sf2 Colorado Weld 11 I IN 61W NE/4 Colorado Weld 12 I IN 6IW W/2 Colorado Weld 15 I IN _ 6IW All Colorado Weld 2 ION 6IW Ali Colorado Weld 2 ION 6IW Lot 3&4,S/2 Colorado Weld 3 ION 6IW S/2 N2 5/2,S/2 S/2 Colorado Weld 5 ION 6IW SE/4 Colorado Weld 5 ION 6IW W/2 Colorado Weld 6 ION 61W Ali Colorado Weld 8 ION 61W W2 F12 Colorado Weld 8 ION 6IW W2 Colorado Weld 10 ION 61W NEJ4 Colorado Weld 10 ION 6IW E/2,SW/4 Colorado Weld 17 ION 61W NW/4 Colorado Weld 18 ION 61W NE/4 Colorado Weld 23 ION 6IW NE/4 Colorado Weld 25 ION 6IW W2 SW/4 Colorado Weld 35 ION 61W N2 NFJ4 Colorado Weld 36 ION 61W NW/4,N2 SW/4 Colorado Weld I 9N 61W _ Lot 3.Lot 4,S2 NE/4 Colorado Weld 2 9N 61W _ S2 Colorado Weld 4 9N 61W S2 Colorado Weld 4 9N 6IW Lot 3,Lot 4,S2 NW/4 Colorado Weld 8 9N 61W NFJ4 Colorado Weld 8 ON 6IW SE/4 Colorado Weld 9 9N 61W NW/4,SE/4 Colorado Weld 17 9N 6IW Ali Colorado Weld 18 9N 6IW E/2 Colorado Weld 18 9N 6IW Lots 1,2,3&E12 NW/4 Colorado Weld 19 9N 6IW SE4 NW4,E2 SW/4,SFJ4,Lot 2,3,4 NW NW Colorado Weld 21 9N 6IW SW/4 Colorado Weld 30 9N 61W Lot I,N2 NE/4 Colorado Weld 24 9N 62W SE/4 NE/4,NEl4 SE/4 Colorado Weld 25 9N 62W NE/4 Colorado Weld End of E hibit"A" 4956206 04/23/2024 11:15 AM Total Pages: 13 Rec Fee: $73.00 Carly Koppes - Clerk and Recorder, Weld County , CO MINERAL&ROYALTY DEED KNOW ALL MEN BY THESE PRESENTS: That Lazy Bird, LLC, whose address is 1417 Sadler Road, Suite 149, Fernandina Beach, FL 32034, hereinafter called Grantor(whether one or more),for and in consideration of the sum of Ten and More Dollars,cash in hand paid and other good and valuable considerations,the receipt of which is hereby acknowledged,does hereby grant,bargain, sell, convey, transfer, assign and deliver unto Otter Creek, LLC, whose address is 1225 N Loop W, Suite 1055, Houston,TX 77008("Grantee")from the following described lands situated in Weld County, State of Colorado,to wit: SEE ATTACHED EXHIBIT"A" It is the intent of Grantor to herein to convey to Grantee all right,title,and interest in the above described lands acquired by Grantor in conveyances from Westgate Mineral Group LLC to Lazy Bird LLC,dated 11-10-2020 and recorded as Doc#4650177 recorded in Weld County,Colorado. Together with the rights of ingress and egress at all times for the purpose of mining,drilling,exploring,operating,and developing said lands for oil,gas and other minerals,and storing,handling,transporting,marketing,and removing the same therefrom. This sale is made subject to any rights now existing to any lessee or assigns under any valid and subsisting oil and gas lease of record heretofore executed; it being understood and agreed that said Grantee shall have,receive,and enjoy the herein granted undivided interests in and to all rents,royalties and other benefits which may accrue under the terms of said lease insofar as it covers the above described lands from and after the date hereof. TO HAVE AND TO HOLD the above described oil,gas other mineral interest with all and singular the rights, privileges and appurtenances thereunto or in any wise belonging to the said Grantees herein,their heirs, successors,personal representatives,administrators,executors and assigns forever,and Grantor does hereby warrant said title to Grantees their heirs,executors,administrators,personal representatives, successors and assigns forever and does hereby agree to defend all and singular the said property unto the said Grantees herein their heirs,successors,executors,personal representatives and assigns against all and every person or persons whomsoever lawfully claiming or to claim the same or any part thereof. EXECUTED on the date stated in the acknowledgements,but made effective for all purposes on the 1st day of May, 2024. Witness my hand this as day of A r 2024. (SIGNATURE PAGE TO FOLLOW) 4956206 04/23/2024 11:15 AM Page 2 of 13 Grantor: Lazy Bird,LLC Bak; Acti By:David Ankle, as Presidentand Sole Owner ********************************************************************************************* ACKNOWLEDGEMENT STATE OF FLORIDA ) COUNTY NASSAU ) Before me, the undersigned, a Notary Public, within and for said County and State, on this a. 2 day of /tor % , 2024, personally appeared David Ankle, as President and Sole Owner for Lazy Bird, LLC., known to be the identical person(s)who executed the within and foregoing instrument and acknowledged to me that he executed the same as his free and voluntary act and deed,for the uses and purposes therein set forth. IN WITNESS WHEREOF,I have hereunto set my hand and official seal the day and year last above written. MyCommission"pies: '" `''' NELLIE MARIE CUM3ERLAND (: ?'`I.? Notary Public•State of Florida �f is Commission#FIN 442782 /D S �v.►� 7 �- ; 't_ My Comm.Expires Oct S S,2027 11/l--' Notary Public 4956206 04/23/2024 11:15 AM Page 3 of 13 EXHIBIT "A" Lazy Bird, LLC (Grantor) Township 1 North,Range 63 West, 6th P.M. Section 6: NW/4 Section 6: N/2 NE/4 Township 1 North, Range 64 West,6th P.M. Section 12: Lot A, being part of the SW/4 Section 19: That part of the 5/2 being described as: Beginning at the Southeast corner of said Section 19; thence N00°10'47"E on an assumed bearing along the Easterly line of said S/2 of Section 19 a distance of2689.20 feet to the East%corner of said Section 19;thence S89°28'48"W along the Northerly line of said 5/2 of Section 19 a distance of 424.00 feet;thence S00°10'47"W parallel with said Easterly line of the 5/2 of Section 19 a distance of 1036.60 feet; thence S60° 09'55'W a distance of 1672.65 feet; thence 587°31'09"W a distance of 19.70 feet;thence 502°40'33"W a distance of 308.22 feet;thence N89°21'45"W a distance of 959.88 feet;thence S51°24'16"W a distance of 86.40 feet;thence 502°24'47"W a distance of 471.60 feet to the Southerly line of the SW/4 of Section 19;thence N89°52'23"E along said Southerly line of the SW/4 of Section 19 a distance of 332.00 feet to the South A corner of said Section 19; thence N89°52'23"E along the Southerly line of the SE/4 of said Section 19 a distance of 2619.03 feet to the place of beginning. And also described as Lots A and Bin recorded Exemption No. 1475-19-4 RE-3464, being a portion of the S/2 of Section 19 more fully described in Document 3045872 of the records of the Clerk and Recorder of Weld County, Colorado. Section 32: NW/4; Less and Except: Commencing at a point on the east line of said quarter section which is eleven hundred and forty-eight (1148) feet south of the north quarter corner of said section thirty-two (32) and is the point of intersection of the north line of The Denver Hudson Canal with the east line of said quarter section; thence north eighty-four (84) degrees no minutes west two hundred and sixty-six (266) feet to point One; thence south eighty-three (83) degrees twenty (20) minutes west two hundred (200) feet to point Two; thence south fifty (50) degrees forty-five (45) minutes west two hundred and seventeen (217)feet to point Three; thence south twenty-seven (27)degrees forty(40) minutes west one hundred and sixty-eight (168)feet to point Four; thence south three (3) degrees thirty(30) minutes west one hundred and fifteen (115) feet to point Five; thence south eighty-one (81) degrees twenty (20) minutes west four hundred and sixty-five (465)feet to point Six;thence north thirty-two(32)degrees ten (10) minutes west four hundred and eighteen (418) feet to point Seven; thence south thirty-five (35) degrees no minutes west one hundred and ninety-one (191)feet to point Eight; thence south sixty-three (63)degrees forty-five minutes west three hundred and fifty-three (353)feet to point Nine; thence south seventy-three (73) degrees fifty(50) minutes west five hundred and six (506) feet to point Ten; thence north sixty-seven (67)degrees no minutes west two hundred and ninety seven (297)feet to point Eleven; thence south sixty-four(64) degrees five (5) minutes west sixty (60)feet to the west line of said quarter section;thence south along said west line one thousand and six(1006) feet to the west quarter corner of said section. 4956206 04/23/2024 11:15 AM Page 4 of 13 Township 1 North. Range 64 West. 6th P.M. CONTINI,JED: thence east to the southeast corner of said quarter section; thence north seven hundred and thirty-five (735) feet on the east line of said quarter section; thence west six hundred (600) feet to the east line of the right of way of The Denver Hudson Canal; thence north four hundred and sixty-five (465)feet to a point on the line of the right of way of The Denver Hudson Canal,which is opposite point Four, as above described and one hundred (100) feet distant therefrom; thence north and east upon the line of the right of way of The Denver Hudson Canal running parallel with and distant from the lines of said right of way established by points One, Two, Three and Four, and distant one hundred (100) feet from each thereof, to the east line of said quarter section; thence north to the place of beginning and containing sixty(60)acres of land, more or less.Leaving in the aggregate of 100.00 acres. Township 2 North. Ranee 62 West, 6th P M, Section 4: NE/4; E/2 NW/4;SW/4 NW/4 Township 2 North. Range 63 West, 6th Eli, Section 19:SW/4 Township 3 North, Range 62 West. 6th P.M. Section 23: N/2 Section 33:SE/4 SE/4; W/2 SE/4; E/2 SW/4 Township 4 North. Range 61 West. 6th P.M. Section 17: S/2 SW/4 Section 18: Lot 4; SE/4 SW/4; S/2 SE/4 Township 4 North, Range 62 West, 6th P.M. Section 13: S/2; S/2 NE/4; SE/4 NW/4, except that portion lying within a parcel of land conveyed to Ben Gallagher, in Warranty Deed recorded in Reception No. 1270635, described as follows: Beginning at an iron pipe on the East quarter corner of said Section 13;and running Southwest along the embankment of the Riverside Outlet Ditch 115 feet; thence Northwest 380 feet; thence Southwest 300 feet, along said embankment; thence South 1528 feet to the right of way fence of the Union Pacific Railroad Company, thence East 760 feet; thence North along the East line of Section 13, a distance of 1421 feet to the point of beginning, containing 26.00 acres, more or less. Section 14: N/2 SE/4 Section 14: S/2 S/2 Section 23: N/2 N/2 Section 25:SE/4 NW/4 Township 4 North, Range 68 West. 6th P.M. Section 21: That part of the W/2 SE/4, as more particularly described in that certain Warranty Deed recorded in Weld County, Colorado at Reception Number 2330845, on April 28th, 1993. 4956206 04/23/2024 11:15 AM Page 5 of 13 Township 5 North, Range 61 West. 6th p P.M. Section 11: NW/4 Section 11: NE/4 Section 13: NE/4 Township 6 North. Range 61 West,6thP.M. Section 3: Lots 3 and 4;S/2 NW/4 Section 10:SE/4 Section 11: NE/4 SE/4 Section 11:S/2 SE/4 Section 13: NW/4 NW/4 Section 15: E/2 NE/4 Section 15: N/2 NW/4 Section 29: W/2 NE/4; E/2 NW/4 Section 29: E/2 SW/4;W/2 SE/4 Township 7 North, Range 62 West. 6th P.M. Section 32: NW/4 Section 34: S/2; NW/4 Township 7 North. Range 63 West, 6th P.M. Section 8:SW/4 Section 12: N/2; SE/4 Section 22: N/2 SE/4 4956206 04/23/2024 11:15 AM Page 6 of 13 Township 7 North. Range 64 West,6th P.M. Section 4: SW/4 Section 6: Lots 3,4, 5, 6 and 7; SE/4 NW/4; E/2 SW/4, Less and Except two parcels as described in Book 292, Page 319 and Book 292, Page 577 and being more particularly described as:All that part of the SW/4 which lies easterly of a line drawn parallel with and seventy-five (75)feet distant westerly from the center line of the main track of the Union Pacific Railroad (known as line north from Greeley) as the same has been surveyed, located and staked out through, upon, over and across said Section No.Six(6)containing an area of 4.78 acres more or less.Said center line crosses the south line of said section at a point 96 feet east of the south east corner of the SW/4 of said section 6 and extends N 7°35' West,on a tangent 463 feet to point of curve; thence on a 00 30' curve to the left 653.3 feet to a point of tangent, thence North 5°51' West, on a tangent to intersection with the north line of said section 6 at a point 426 west of the northeast corner of the NW/4 of said Section 6. AND A strip of parcel of land one hundred and fifty (150) feet in width, being seventy-five (75) feet in width upon each side of the centerline of the main track of the Union Pacific Railroad, known as the Greeley North Line as the same has been surveyed located and staked out, through upon, over and across the NW/4 of Section 6, containing 8.78 acres. Township 7 North, Range 65 West, 6th P.M. Section 12:W/2 Section 12: SE/4 Section 17: SE/4 Section 18: That part of the NE/4, lying North and West of the right-of-way of the Larimer and Weld Irrigation Company's Canal excepting therefrom that part as described in the Warranty Deed recorded in Book 269 at Page 341 of the records of Weld County,Colorado. Township 7 North. Range 66 West. 6th P.M. Section 1: E/2 SW/4 Section 3: A tract of land being a part of the SE/4 in said Section 3, being more particularly described in Quitclaim Deed being dated November 6,1998 and recorded as Reception Number 2655991 in the office of County Clerk and Ex-Officio Register of Deeds for said Weld County, Colorado. Section 3: A tract of land being a part of the SE/4 in said Section 3, being more particularly described in Parcel A of Recorded Exemption 0707-3-4-RI 800,dated June 12,1986 and recorded as Reception Number 2057002; and Parcel B of Recorded Exemption 0707-3-4-RE 880, dated June 12, 1986 and recorded in Reception Number 2057002 in the office of County Clerk and Ex-Officio Register of Deeds for said Weld County, Colorado. 4956206 04/23/2024 11:15 AM Page 7 of 13 Township 7 North. Range 67 West. 6th Section 8: LotAof Recorded Exemption No.0705-08-2-RE-4896, recorded May21,2009,at Reception No. 3624448, being a part of the S/2 NW/4, containing 2.00 acres, more or less. AND Section 8: Lot B of Recorded Exemption No.0705-08-2-RE-4896,recorded May 21,2009,at Reception No. 3624448, being a part of the S/2 NW/4, containing 3.00 acres, more or less. AND Section 8: Lot B of Recorded Exemption No.0705-08-2-RE-1537, recorded November 10, 1993, at Reception No. 2359094, being a part of the S/2 NW/4, containing 73.50 acres, more or less. Section 30: SW/4, Except 34.79 acres described in Book 826, Page 398; and 36.47 acres described as commencing at a point which bears North 35°04' East 3,369.60 feet from the Southwest corner of Section 30; thence North 86°47' East 2,852.50 feet;thence North 00°35' East 415.00 feet; thence North 87°13' West 89.50 feet;thence North 86°07' West 376.00 feet; thence North 24°37' West 185.50 feet;thence North 32°06' East 284.00 feet;thence North 57°19' West 142.60 feet;thence South 54°12' West 917.30 feet;thence South 84°08' West 478.50 feet;thence North 24°06' East 441.20 feet;thence North 38°14' East 208.00 feet;thence North 68°46' West 78.80 feet;thence South 75° 46' West 327.20feet;thence South 54°34' West 230.60 feet;thence South 32°13' West 156.60 feet;thence South 39°37' West 513.80 feet; thence South 49° 03' West 293.80 feet; thence South 55° 04' West 274.70 feet to the place of beginning. Township 8 North, Ranee 64 West,6th P.M. Section 32: W/2 Township 8 North, Range 65 West, 6th P.M. Section 4: SW/4 Township 8 North, Range 67 West, 6th P.M. Section 34: N/2,save and except the Black Hollow Reservoir Township 9 North. Range 59 West 6th P.M. Section 3: Lots 1 and 2;S/2 NE/4 4956206 04/23/2024 11:15 AM Page 8 of 13 Township 9 North. Range 61 West. 6th P.M. Section 2:Lots 1,2,3 and 4; S/2 N/2 Section 3: Lots 1, 2,3 and 4;S/2 N/2 Section 4: S/2 Section 4:NW/4 a/d/a Lots 3 and 4;S/2 NW/4 Section 8: NE/4 Section 8:SE/4 Section 9: NW/4; SE/4 Section 10:SW/4 Section 11: NW/4 Section 17: All Section 18: E/2 Section 18: Lots 1, 2 and 3; E/2 NW/4 Section 18: E/2 SW/4 Section 19: Lots 2,3 and 4; E/2 W/2;SE/4 Section 21: SW/4 Section 22: NW/4 Section 30: Lot 1; NE/4 NW/4; N/2 NE/4 Township 9 North, Ranee 62 West.6th P.M. Section 24: SE/4 NE/4; NE/4 SE/4 Section 25: NE/4 Section 33: ALL Township 10 North. Ranee 57 West.6th P.M. Section 32: NE/4 4956206 04/23/2024 11:15 AM Page 9 of 13 Township 10 North. Range 59 West, 6th P.M. Section 19: Lots 3 and 4; E/2 SW/4;SE/4 Section 22: W/2 NE/4; E/2 NW/4; SW/4 NW/4; NW/4 SW/4 Section 26: N/2 Section 34: NE/4 SE/4;5/2 SE/4 Township 10 North. Range 60 West.6th EJLI Section 4:SW/4 Section 4: Lots 3 and 4 and S/2 NW/4,also described as the NW/4 Section 5: 5/2 Section 5: Lots 1 and 2 and 5/2 NE/4,also known as the NE/4 Section 7: NE/4 Section 8: N/2 Section 31: Lots 1, 2 and 3; E/2 NW/4; NE/4 SW/4; SE/4;5/2 NE/4 Township 10 North, Range 61 West. 6th P.M. Section 3: N/2; N/2 N/2 S/2 Section 4: Lots 1 and 2;S/2 NE/4 Section 35:SW/4 Township 10 North, Range 62 West,6th P.M. Section 5: SW/4 NW/4; N/2 SW/4;SE/4 SW/4 Section 33:5W/4 5W/4 4956206 04/23/2024 11:15 AM Page 10 of 13 Township 10 North, Range 63 West,6`h P.M. Section 3: Lots 3 and 4;5/2 NW/4; SW/4 Section 4: Lots 1, 2,3 and 4; S/2 N/2; SE/4 Section 5: SE/4 Section 10: S/2 S/2 Section 10: NW/4 Section 11:SW/4 Section 12: S/2 SW/4 Section 13: N/2 NW/4 Township 11 North, Range 57 West,6th�ll�l Section 18: Lots 1 and 2; E/2 NW/4; NE/4 Section 26: 5/2 SW/4 NW/4; E/2 NW/4;W/2 NE/4;SW/4; 5/2 5E/4 Section 27:S/2 SE/4 NE/4; E/2 SE/4 Section 34: NE/4 NE/4 Section 35:W/2; NE/4;S/2 SE/4 Township 11 North, Range 58 West, 6' P.M. Section 26: SE/4; W/2 NE/4 Section 27: S/2 Section 34: E/2 Section 35: N/2 4956206 04/23/2024 11:15 AM Page 11 of 13 Township 11 North, Range 60 West.66 P.M. Section 1:SE/4 Section 2: Lots 3 and 4;S/2 NW/4 Section 3:SW/4 Section 3: SE/4 Section 4:SE/4 Less East 25.5263 acres and Northwest 9.7816 acres of SE/4 Section 4:NW/4;East 25.0000 acres of N/2 NE/4 Section 4:East 63.0790 acres of S/2 NE/4 Section 4:S/2 SW/4 Section 4: East 25.5263 acres of SE/4 Section 4:West 56.0000 acres of N/2 NE/4 Section 4:West 16.9210 acres of S/2 NE/4 Section 4: Northwest 9.7816 acres of SE/4 Section 5: Lots 1,2,3 and 4; S/2 N/2 Section 6:All a/d/a Lots 1,2,3,4,5,6 and 7;S/2 NE/4;SE/4 NW/4; E/2 SW/4;SE/4 Section 7: Lots 1,2,3 and 4; E/2 W/2 Section 7: SE/4 Section 8: W/2 Section 8: NE/4 Section 8: S/2 SE/4 Section 8: N/2 SE/4 Section 9: SE/4 Section 12: E/2 Section 15:W/2;SE/4 Section 17: N/2 Section 17:SW/4 4956206 04/23/2024 11:15 AM Page 12 of 13 Township 11 North.Range 60 West.6th P.M.CONTINUED: Section 18: Lots 1 and 2; E/2 NW/4 Section 18: Lots 3 and 4;E/2 SW/4;SE/4 Section 18: NE/4 Section 19: NE/4 Section 19: Lots 3 and 4; E/2 W/2 Section 20: All Section 21:SE/4 Section 22: N/2 Section 24: NW/4; E/2 Section 30:Lots 1,2,3 and 4; E/2 W/2; E/2 Township 11 North. Range 61 West.6th La Section 1: 5/2 Section 2:Lots 1 and 2;S/2 NE/4 Section 13: N/2;SE/4 Section 13:SE/4 Section 24: E/2 Section 24:W/2 Section 25:All Section 26: W/2; NE/4 Section 28:E/2 NE/4;E/2 SE/4; NW/4 NW/4;S/2 SW/4 less 10 acres;SW/4 SE/4 Section 31: Lots 3 and 4 and E/2 SW/4,also described as the SW/4 Section 32:SE/4; E/2 SW/4 Section 34: W/2 4956206 04/23/2024 11:15 AM Page 13 of 13 Township 11 North, Ranee 62 West, 6th P.M. Section 14:SE/4 Section 34:SE/4 Section 35:SE/4; W/2 Township 11 North, Range 63 West,6th P.M. Section 34: W/2 Section 35: NW/4 Township 11 North, Range 66 West. 6th P.M. Section 23: E/2 Township 12 North, Range 60 West,6th P�f Section 21: SW/4 Section 21: P/0 NW/4 Section 28: AU Section 29: All Section 30: W/2 NE/4; E/2 NW/4;SE/4 Section 32:SE/4 Section 33: E/2 Section 34:W/2 Township 12 North. Range 61 West,6th P.M. Section 24:W/2 Section 27:5/2 Section 33: NE/4 Section 35: All END OF EXHIBIT "A" 4959257 05/08/2024 02:48 PM Total Pages: 6 Rec Fee: $38.00 Carly Koppes-Clerk and Recorder, Weld County , CO MINERAL,ROYALTY,OVERRIDING ROYALTY AND LEASEHOLD CONVEYANCE STATE OF COLORADO § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF ADAMS,ARAPAHOE&WELD § That the undersigned,CAPSHEAF LLC,TWO SISTERS LLC,AND COMPTON LLC whose address is 5203 Juan Tabo Boulevard NE,Suite 2B,Albuquerque,New Mexico 97111 ("Grantor"),for and in consideration of the sum of One Hundred and no/100 U.S.Dollars ($100.00)and other good and valuable consideration,the receipt and sufficient of which is hereby acknowledged,does hereby convey,transfer,assign and deliver unto OTTER CREEK, LLC,whose address is 1225 N Loop W,Suite 1055,Houston,TX 770 ("Grantee"),All of Assignor's right,title and interest in and to all oil and gas leasehold,overriding royalty interest(s),and to all of the oil,gas and other minerals in and under and that may be produced from the following described lands situated in Adams,Arapahoe,and Weld County,Colorado: See Exhibit"A" It is the intent of this Mineral,Royalty, Overriding Royalty and Leashold Conveyance to convey 100%of all right title and interest,being the remaining fifty percent(50%)of Grantor(s)interests reserved to Grantor(s) in that certain conveyance from document from Capsheaf LLC,et al,to Patch Energy LLC dated 4-11-2024, and recorded as Doc# recorded in Adams County Colorado, Doc# recorded in Arapahoe County, Colorado & Doc# 4954873 recorded in Weld County,Colorado. Together with the rights of ingress and egress at all times for the purpose of mining,drilling, exploring,operating and developing said lands for oil,gas and other minerals,and storing, handling,transporting and marketing the same therefrom with the right to remove from said land all of Grantee's property and improvements. This grant is made subject to any rights now existing to any Lessee or assigns under any valid and subsisting oil and gas lease heretofore executed and now of legal record,it being agreed that the Grantees herein shall have,receive and enjoy the herein granted undivided interest in all bonuses,rents,royalties,and other benefits which may accrue thereunder from and after the effective date provided herein precisely as if the Grantees herein had been at the date of making said lease and/or leases the owner of a similar undivided interest in the land above described,and none other,and Grantee the Lessor therein. In addition to the foregoing,Grantor does hereby transfer,assign,and set over unto Grantees all of Grantor's interest in and to all monies,proceeds,income,and other personal properties now on hand or in the possession of any third party,bank,trustee,pipeline company, or purchaser which have heretofore accrued to the interest of Grantor in said land that has been herein conveyed to Grantee. Grantor does hereby irrevocably appoint and constitute Grantees as its agent and attorney-in-fact for the limited purpose only of executing division orders,transfer orders and all other instruments as may be necessary to make fully effective the rights herein granted,so that Grantee may act in my place and stead for this limited purpose only. TO HAVE AND TO HOLD the above-described property and easements with all and singular the rights,privileges and appurtenances thereunder,or anywise belonging to said Grantees herein,its successors and assigns forever,and Grantor does hereby bind themselves, their heirs,executors,administrators,successors and assigns to warrant and forever defend all and singular the said property unto the said Grantees herein,its successors and assigns,against every person whomsoever lawfully claiming or to claim the same or any part thereof,by, through and under Grantor,but not otherwise.Grantor also agrees to execute such further assurances as may be reasonably requested or required to allow Grantees full use and enjoyment of the interest conveyed by this Mineral Deed. i 4959257 05/08/2024 02:48 PM Page 2 of 6 Exhibit"A" Attached to and made a part of that certain Mineral,Royalty,Overriding Royalty and Leasehold Conveyance from Capsheaf LLC.Two Sisters LLC,and Compton LLC to Otter Creek,LLC IT IS THE INTENT OF GRANTOR TO ASSIGN ALL OF ITS RIGHT OR INTEREST OF ANY KIND IN THE FOLLOWING DESCRIBED LANDS,WHEREVER SITUATED AND WHETHER CORRECTLY DESCRIBED HEREIN OR NOT: ,ectian Townshio Raa¢c Land Description State CODA 2 2S 65W SE/4 Colorado Adams r 18 IS 64W W/2 Colorado Adams 10 1S 65W E/2 Colorado Adams 24 15 65W E/2 SE/4 SW/4,S/2 SE/4 Colorado Adams 2 2S 65W (Compton)SE/4 Colorado Adams 22 45 63W S12 NE/4(Arapahoe) Colorado Arapahoe 10 4S 64W N/2(Arapahoe) Colorado Arapahoe 2 5S 64W ALL Colorado Arapahoe 32 I ON 57W NE/4 Colorado Weld 18 11N 57W Lots I&2,E/2 NW/4,NE/4 a/d/a N/2 Colorado Weld 26 I IN 57W SW/4,S/2 SE/4,W/2 NE/4,E/2 NW/4,S/2 SW/4 NW/4 Colorado Weld 27 l IN 57W S/2 SE/4 NE/4,ER SE/4 Colorado Weld 34 UN 57W NE/4 NE/4 Colorado Weld 35 UN 57W W/2,NE/4,S/2 SE/4 Colorado Weld 26 11N 58W SE/4&W/2NE/4 Colorado Weld 27 1 IN 58W S/2 Colorado Weld 34 IIN 58W E12 Colorado Weld 35 1IN 58W N/2 Colorado Weld 3 9N 59W Lots I&2,S/2 NE/4 Colorado Weld 19 ION 59W Lots 3&4,E2 SE/4 Colorado Weld _ 22 10N 59W W/2NE/4,EI2NW/4,SW/4NW/4,NW/4SW/4 Colorado Weld 26 ION 59W N/2 Colorado Weld 34 ION 59W NE/4SE/4,S/2SF14 Colorado Weld 4 ION 60W Lots 3&4,S/2 NW/4,SW/4 Colorado Weld 5 ION 60W Lots 1&2,S/2 NE/4,S/2 Colorado Weld 7 ION 60W NE/4 Colorado Weld 3 10N 60W N12 Colorado Weld _ 31 ION 60W Lots 1,2&3,E/2 NW/4,NE/4 SW/4,SE/4,S/2 NE/4 Colorado Weld 1 1IN 60W SF14 Colorado Weld _ 2 11N 60W Lots 3&4,S/2NW/4 Colorado Weld 3 11N 60W S/2 Colorado Weld 4 11N 60W NE/4,NW/4,SE/4,S/2 SW/4 Colorado Weld 5 11N 60W Lots 1,2,3,4,S/2 N/2 Colorado Weld 6 11N 60W All Colorado Weld 7 11N 60W Lots 1,2,3,4,E/2 W/2,SF14 Colorado Weld _ 8 11N 60W W/2,NE/4,S2 SE/4,N2 SE/4 Colorado Weld 9 I IN 60W SE/4 Colorado Weld f 12 1IN 60W 0/2 Colorado Weld 15 I1N 60W W/2,SE/4 Colorado Weld 17 1IN 60W N2,SW/4 Colorado Weld 18 I IN 60W Lots I&2,E2 NW/4,Lots 3&4,E2 SW/4,SE/4,NE/4 Colorado Weld 19 I IN 60W NE/4 Colorado Weld 19 1 IN 60W Lots 3&4,E/2 W/2 Colorado Weld 20 11N 60W ALL Colorado Weld 21 IIN b0W SE/4 Colorado Weld 22 I IN 60W N2 Colorado Weld 21 I2N 60W SW/4,p/o NW/4 Colorado Weld _ 24 I IN 60W NW/4,E/2 Colorado Weld 28 I2N 60W ALL Colorado Weld 29 12N 60W ALL Colorado _ Weld 30 11N 60W Lots 1,2,3,4,E2 W2,E/2 Colorado Weld _ 30 12N 60W W/2 NE/4,E2 NW/4,SE/4 Colorado Weld 32 12N 60W SE/4 Colorado Weld 33 12N 60W F/2 Colorado Weld 34 12N 60W W/2 Colorado Weld 23 3N 62W NE/4,NW/4 Colorado Weld 17 4N 6I W 52 SW/4 Colorado Weld _ 18 4N 6IW S/2 SE/4,SE/4 SW/4,Lot 4 Colorado Weld _ I1 SN 61W NW/4,NE/4 Colorado Weld _ 13 5N 61W NE/4 Colorado Weld 3 6N 61W Lots 3&4,S2 NW/4 Colorado Weld 4959257 05/08/2024 02:48 PM Page 3of6 10 6N 6IW SE/4 Colorado Weld 1 l _ _6N 61W S/2 SE/4,NE/4 SFJ4 Colorado Weld 13 6N 61W NW/4NW/4 Colorado Weld 15 6N 61W E2 NE/4,N/2 NW/4 Colorado Weld 29 6N 61W _ FA SW/4,W/2 SE/4,W/2 NE/4,E12 NW/4 Colorado Weld 2 9N 6lW Lou 1-4,S/2 N12 a/d/a N/2 Colorado Weid _ 3 9N 61W Lots 1.4,S/2 N12 a/d/a N/2 Colorado Weld _ 4 9N _ 61W S/2,NW/4 ada Lots 3&4,Sf2 NW/4 Colorado Weld 8 �- 9N 61W NFJ4,SE/4 Colorado Weld _ 9 9N _ 61W NW/4,SE/4 Colorado Weld 10 9N 61W SW/4 Colorado Weld II 9N _ 61W NW/4 Colorado Weld 17 9N 61W ALL Colorado Weld _ 18 9N 61W _ Lots 1-3,E2 NW/4,E/2 S W/4,E/2 Colorado Weld 19 9N 61W Lots 2.4,E/2 W2,SE/4 Colorado Weld _ 21 9N 61W _ SW/4 Colorado Weld 22 9N 61W _ NW/4 Colorado Weld 30 9N 61W Lot 1,NE/4NW/4,N2NE/4 Colorado Weld 35 ION 61W SW/4 Colorado Weld 31 I IN 61W Lots 3&4,E2 SW/4 a/d/a SW/4 Colorado Weld 32 1 IN 6IW SE/4,E/2 SW/4 Colorado Weld 34 11N 61W W2 Colorado Weld 28 1 IN 61W E2NE/4,E2SE14,NW/4NW/4,SW/45E/4,S/2SW/4 less 10a Colorado Weld 1 11N 61W S/2 Colorado Weld 2 11N 6IW Lots I&2,S2 NE/4 a/d/a NFJ4 Colorado Weld 13 1 IN 61W _ N2&SE/4 Colorado Weld 24 11N 6IW En,W/2 Colorado Weld 25 1 1 N 61W _ ALL Colorado Weld 26 11N 61W W/2&NE/4 Colorado Weld 22 9N 61W NW/4 Colorado Weld 35 12N _ 61W ALL Colorado Weld _ 13 1IN _ 6IW N/2,SE/4 Colorado Weld 3 ION 6IW N/2&N/2 N/2 S2 Colorado Weld 4 ION 6IW Lots I&2,S/2 NE/4 Colorado Weld 35 ION 6IW _ SW/4 Colorado Weld 24 1IN 61W Ea,W/2 Colorado Weld 24 12N 6IW W/2 Colorado Weld 27 12N 61 W S2 Colorado Weld 33 12N _ 61W NE/4 Colorado Weld _ 35 12N 61W All _ Colorado Weld 4 214 62W _ NE/4,E2 NW/4,SW/4 NW/4 Colorado Weld 23 3N 62W N2 Colorado Weld 33 3N 62W SE/4 SE/4,W/2 SEJ4,E/2 SW/4 Colorado Weld 13 4N 62W S/2,S/2 NE/4,SE/4 NW/4,except portion mpd in WD Colorado Weld 14 4N 62W N/2 SE/4,S2 S2 Colorado Weld 23 4N 62W N/2 N2 Colorado Weld 25 4N 62W SE/4 NW/4 Colorado Weld 32 714 62W NW/4 Colorado Weld 34 7N 62W S/2,NW/4 Colorado Weld _ 24 9N 62W SE/4 NFJ4,NE/4 SE/4 Colorado Weld 25 9N 62W NE/4 Colorado Weld 33 9N 62W All Colorado Weld _ I ION _ 62W _ All Colorado Weld S ION 62W N2SW/4,SE/4SW/4,SW/4NW/4 Colorado Weld 33 ION 62W SW/4 SW/4 Colorado Weld _ 14 __ _11N 62W SE/4 Colorado Weld 34 I1N 62W SE/4 Colorado Weld 1 35 1 IN 62W SFJ4,W2 Colorado Weld 6 1N 63W NW/4,N2 NE/4 Colorado Weld 19 2N _ 63W SW/4 Colorado Weld 8 7N 63W SW/4 Colorado Weld 12 7N 63W 1,12&SE/4 Colorado Weld 22 7N 63W N/2 SE/4 Colorado Weld 3 ION 63W _ Lots 3&4,S2 NW/4,SW/4 Colorado Weld 4 ION 63W _ Lots 1-4,S/2 N2,SE/4 Colorado Weld 5 ION 63W SE/4 Colorado Weld 10 ION _ 63W S2S2,NW/4 Colorado Weld it _ ION 63W SW/4 Colorado Weld 12 ION 63W _ S2SW/4 Colorado Weld 13 ION _ 63W N/2 NW/4 Colorado Weld 35 _ IIN 63W NW/4 Colorado Weld 34 IIN _ 63W W/2 Colorado Weld 4 7N _ 64W SW/4 Colorado Weld 32 8N 64W W/2 Colorado weld 12 IN 64W Lot A being part of the SW/4 Colorado Weld 19 IN 64W I Part of the S/2 being MPD in Mineral Deed Colorado Weld 4959257 05/08/2024 02:48 PM Page 4 of 6 32 IN 64W NW/4,L&E a tract MPD in Mineral Deed Colorado Weld 17 7N 65W SE/4 Colorado Weld 18 7N 65W Part of the NE/4 mpd in Warranty Deed Colorado Weld 4 8N 65W SW/4 Colorado Weld 3 7N 66W PO SE/4,mpd in QCD and tract mpd in Parcel A Colorado Weld 23 11N 66W E/2 Colorado Weld _ 8 71,1 67W Part of Lot A&Lot B,being PO S/2 S W/4 MPD in MD Colorado Weld 30 7N 67W SW/4,Except 34 79 acres MPD Colorado Weld 34 8N 67W N/2,S&E Black Hollow Reserve Colorado Weld 21 4N 68W W/2 SE/4 Colorado Weld 3 9N 56W S/2 NW/4 Colorado Weld 17 1IN 57W N/2 Colorado Weld 4 _ 1IN 58W NW/4,SE/4 Colorado Weld 26 I IN _ 58W W/2 NE/4,SE/4 Colorado Weld 27 11N _ 58W _ S/2 Colorado Weld 34 11N 58W Ell Colorado Weld 35 IIN 58W N/2 Colorado Weld _ 3 10N 58W NIL Colorado Weld 9 9N 58W SW/4 Colorado Weld 10 9N _ 58W N/2,S/2SW/4 Colorado Weld 14 9N 58W S/2,SW/4 NW/4 Colorado Weld 15 9N 58W All Colorado Weld 17 9N 58W S/2,NE/4,S/2 N W/4 Colorado Weld 21 9N 58W _ N/2NW/4 Colorado Weld 22 9N 58W NW/4 NW/4 Colorado Weld 23 9N 58W NW/4,N/2 NE/4 Colorado Weld 27 9N _ 58W SW/4 SE/4 Colorado Weld 22 _ 8N 59W NE/4 Colorado Weld 17 7N 59W _ N/2 Colorado Weld 4 11N bOW All Colorado Weld _ b IIN 60W All Colorado Weld 4 ION 60W All Colorado Weld 11 9N 60W S/2 Colorado Weld I 111,1 _ 61W _ NE/4 Colorado Weld 12 11N 61W W/2 Colorado Weld 15 1IN 61W All Colorado Weld 2 ION 6I W All Colorado Weld 2 l0N 61 W Lot 3&4,S/2 Colorado Weld 3 ION 61W S/2 N/2 S/2,S/2 S/2 Colorado Weld 5 _ION 61W _ SE/4 Colorado Weld 5 ION 61W _ W/2 Colorado Weld 6 ION 61W All Colorado Weld 8 ION 61W W/2 E/2 Colorado Weld 8 ION 61 W W/2 Colorado Weld 10 ION 61W NE/4 Colorado Weld 10 ION 61W E/2,SW/4 Colorado Weld 17 ION 61W NW/4 Colorado Weld 18 ION 61W _ NE/4 Colorado Weld 23 ION 61 W NE/4 Colorado Weld 25 ION 61W W2SW/4 Colorado Weld 35 ION _ 61W N/2 NE/4 Colorado Weld 36 ION 61W NW/4,N2 SW/4 Colorado Weld 9N 61W Lot 3,Lot 4,S/2 NE/4 Colorado Weld 2 _9N 61W S/2 Colorado Weld 4 9N 61 W S2 Colorado Weld 4 ON 61W Lot 3,Lot 4,S/2 NW/4 Colorado Weld— 8 9N _ 61W NE/4 Colorado Weld 8 9N 61W SE/4 Colorado Weld 9 9N _ 61W NW/4,SE/4 Colorado Weld 17 9N 61W All Colorado _ Weld 18 9N 61W Ell Colorado Weld i8 9N 61W Lots 1,2,3&E/2 NW/4 Colorado Weld 19 9N T 61W SE4 NW4,El SW/4,SE/4,Lot 2,3,4 NW NW Colorado Weld 21 ON 61W SW/4 Colorado Weld 30 _ 9N 61W Lot I,NC NE/4 _Colorado Weld — 24 9N T 62W SE/4 NE/4,NE/4 SE/4 Colorado —Weld 25 9N 62W NE/4 Colorado Weld End of Exhibit"A" 4959257 05/08/2024 02:48 PM Page 5 of 6 EXECUTED on the date stated in the acknowledgements,but made effective for all purposes on the l:t day of April,2024. Witness my hand this i�� day of , 2024. GRANTOR: CcoilY Dalke: Capsheaf LLC By:Chris Edwards,Sole Member a115 tiS Two Sisters LLC By:Chris Edwards,Sole Member 01,11 6P041-;)__C Compton LLC By:Chris Edwards,Sole Member (Acknowledgements on Page to Follow) 2 4959257 05/08/2024 02:48 PM Page 6 of 6 ACKNOWLEDGMENTS STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the / day of¢_ ,2024, by Chris Edwards,in his capacity of Sole Member of Capsheaf LLC and ackno ledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. IFP -- rr s`, / - az • moo'' /' 4Y f zr Notary Public,S of Oklahoma a ,.i.G A STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the 7 day of ,2024, by Chris Edwards,in his capacity of Sole Member of Two Sisters LLC and ac owledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. „", ' ''' - 3Ray `, -'�'� ti. •-.• r'1bc 0 ~2. 0 X /�v fri: ' -N otary Notary Public,S Oklahoman STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the ( day of k / ,2024, by Chris Edwards,in his capacity of Sole Member of Compton LLC and acknowledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. 'in A'r _ )��// .a or.y�'l, 71J e;a 4, Notary Public of Oklahoma gg c� C" C� (Exhibit "4"to Follow) 3 4959380 05/09/2024 10:03 AM Total Pages: 6 Rec Fee: $38.00 Carly Koppes- Clerk and Recorder, Weld County , CO MINERAL,ROYALTY,OVERRIDING ROYALTY AND LEASEHOLD CONVEYANCE STATE OF COLORADO § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF ADAMS,ARAPAHOE&WELD § That the undersigned,CAPSHEAF LLC,TWO SISTERS LLC,AND COMPTON LLC whose address is 5203 Juan Tabo Boulevard NE,Suite 2B,Albuquerque,New Mexico 97111 ("Grantor"),for and in consideration of the sum of One Hundred and no/100 U.S.Dollars ($100.00)and other good and valuable consideration,the receipt and sufficient of which is hereby acknowledged,does hereby convey,transfer,assign and deliver unto OTTER CREEK, LLC,whose address is 1225 N Loop W,Suite 1055,Houston,TX 770 ("Grantee"),All of Assignor's right,title and interest in and to all oil and gas leasehold,overriding royalty interest(s),and to all of the oil,gas and other minerals in and under and that may be produced from the following described lands situated in Adams,Arapahoe,and Weld County,Colorado: See Exhibit"A" It is the intent of this Mineral,Royalty, Overriding Royalty and Leashold Conveyance to convey 100%of all right title and interest,being the remaining fifty percent(50%)of Grantor(s)interests reserved to Grantor(s) in that certain conveyance from document from Capsheaf LLC,et al,to Patch Energy LLC dated 4-11-2024, and recorded as Doc# recorded in Adams County Colorado, Doc# recorded in Arapahoe County, Colorado & Doc# 4954873 recorded in Weld County,Colorado. Together with the rights of ingress and egress at all times for the purpose of mining,drilling, exploring,operating and developing said lands for oil,gas and other minerals,and storing, handling,transporting and marketing the same therefrom with the right to remove from said land all of Grantee's property and improvements. This grant is made subject to any rights now existing to any Lessee or assigns under any valid and subsisting oil and gas lease heretofore executed and now of legal record,it being agreed that the Grantees herein shall have,receive and enjoy the herein granted undivided interest in all bonuses,rents,royalties,and other benefits which may accrue thereunder from and after the effective date provided herein precisely as if the Grantees herein had been at the date of making said lease and/or leases the owner of a similar undivided interest in the land above described,and none other,and Grantee the Lessor therein. In addition to the foregoing,Grantor does hereby transfer,assign,and set over unto Grantees all of Grantor's interest in and to all monies,proceeds,income,and other personal properties now on hand or in the possession of any third party,bank,trustee,pipeline company, or purchaser which have heretofore accrued to the interest of Grantor in said land that has been herein conveyed to Grantee. Grantor does hereby irrevocably appoint and constitute Grantees as its agent and attorney-in-fact for the limited purpose only of executing division orders,transfer orders and all other instruments as may be necessary to make fully effective the rights herein granted,so that Grantee may act in my place and stead for this limited purpose only. TO HAVE AND TO HOLD the above-described property and easements with all and singular the rights,privileges and appurtenances thereunder,or anywise belonging to said Grantees herein,its successors and assigns forever,and Grantor does hereby bind themselves, their heirs,executors,administrators,successors and assigns to warrant and forever defend all and singular the said property unto the said Grantees herein,its successors and assigns,against every person whomsoever lawfully claiming or to claim the same or any part thereof,by, through and under Grantor,but not otherwise.Grantor also agrees to execute such further assurances as may be reasonably requested or required to allow Grantees full use and enjoyment of the interest conveyed by this Mineral Deed. i 4959380 05/09/2024 10:03 AM Page 2 of 6 EXECUTED on the date stated in the acknowledgements,but made effective for all purposes on the l:t day of April,2024. Witness my hand this i�� day of , 2024. GRANTOR: CcoilY Dalke: Capsheaf LLC By:Chris Edwards,Sole Member a115 tiS Two Sisters LLC By:Chris Edwards,Sole Member 01,11 6P041-;)__C Compton LLC By:Chris Edwards,Sole Member (Acknowledgements on Page to Follow) 2 4959380 05/09/2024 10:03 AM Page 3 of 6 ACKNOWLEDGMENTS STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the / day of¢_�,2024, by Chris Edwards,in his capacity of Sole Member of Capsheaf LLC and ackno ledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. al•-H15t Yery�4 -- (x$ rygr _ / U 7g41 70:11s ?k, Notary Public,S of Oklahoma STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the 7 day of ,2024, by Chris Edwards,in his capacity of Sole Member of Two Sisters LLC and ac owledged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. ' aiii.AY ''% ^.-'�� zi, .5.: 43'0- d,� `Notary Public,S Oklahoman Sit' STATE OF OKLAHOMA § COUNTY OF OKLAHOMA § This instrument was acknowledged before me on the ( day of / ,2024, by Chris Edwards,in his capacity of Sole Member of Compton LLC and acknowieorged to me that he executed the same as his free and voluntary act and deed for the uses and purposes therein set forth. i '" & ' t` 0L7t� '1 �/ c••.« • .r�s Notary Public of Oklahoma (Exhibit "A"to Follow) 3 4959380 05/09/2024 10:03 AM Page 4 of 6 Exhibit"A" Attached to and made a part of that certain Mineral,Royalty,Overriding Royalty and Leasehold Conveyance from Capsheaf LLC.Two Sisters LLC,and Compton LLC to Otter Creek,LLC IT IS THE INTENT OF GRANTOR TO ASSIGN ALL OF ITS RIGHT OR INTEREST OF ANY KIND IN THE FOLLOWING DESCRIBED LANDS,WHEREVER SITUATED AND WHETHER CORRECTLY DESCRIBED HEREIN OR NOT: ,ectian Townshio Raa¢c Land Description State CODA 2 2S 65W SE/4 Colorado Adams r 18 IS 64W W/2 Colorado Adams 10 1S 65W E/2 Colorado Adams 24 IS 65W F12 SE/4 SW/4,S/2 SE/4 Colorado Adams 2 2S 65W (Compton)SE/4 Colorado Adams 22 45 63W S12 NE/4(Arapahoe) Colorado Arapahoe 10 4S 64W N/2(Arapahoe) Colorado Arapahoe 2 5S 64W ALL Colorado Arapahoe 32 I ON 57W NE/4 Colorado Weld 18 l 1N 57W Lots I&2,E/2 N W/4,NE/4 a/d/a N/2 Colorado Weld 26 I IN 57W SW/4,S/2 SE/4,W/2 NE/4,E/2 NW/4,S/2 SW/4 NW/4 Colorado Weld 27 l IN 57W S/2 SE/4 NE/4,ER SE/4 Colorado Weld 34 UN 57W NE/4 NE/4 Colorado Weld 35 IIN 57W W/2,NE/4,S/2 SE/4 Colorado Weld 26 11N 58W SE/4&W/2NE/4 Colorado Weld 27 1 IN 58W S/2 Colorado Weld 34 IIN 58W E/2 Colorado Weld 35 1IN 58W N/2 Colorado Weld 3 9N 59W Lots I&2,S/2 NE/4 Colorado Weld 19 ION 59W Lots 3&4,E2 SE/4 Colorado Weld _ 22 10N 59W W/2NE/4,EI2NW/4,SW/4NW/4,NW/4SW/4 Colorado Weld 26 ION 59W N/2 Colorado Weld 34 ION 59W NE/4SE/4,S/2SF14 Colorado Weld 4 ION 60W Lots 3&4,S/2 NW/4,SW/4 Colorado Weld 5 ION 60W Lots 1&2,S/2 NE/4,S/2 Colorado Weld 7 ION 60W NE/4 Colorado Weld 3 10N 60W N/2 Colorado Weld _ 31 ION 60W Lots 1,2&3,E/2 NW/4,NE/4SW/4,SE/4,S/2 NE/4 Colorado Weld 1 1IN 60W SF14 Colorado Weld _ 2 11N 60W Lots 3&4,S/2 NW/4 Colorado Weld 3 11N 60W S/2 Colorado Weld 4 11N 60W NE/4,NW/4,SE/4,S/2 SW/4 Colorado Weld 5 1 IN 60W Lots 1,2,3,4,S/2 N/2 Colorado Weld 6 11N 60W All Colorado Weld 7 11N 60W Lots 1,2,3,4,E/2 W/2,SF14 Colorado Weld _ 8 11N 60W W/2,NE/4,S2 SE/4,N2 SE/4 Colorado Weld 9 I IN 60W SE/4 Colorado Weld f 12 lIN 60W 0/2 Colorado Weld 15 11N 60W W/2,SE/4 Colorado Weld 17 11N 60W N2,SW/4 Colorado Weld 18 I IN 60W Lots I&2,E2 NW/4,Lots 3&4,E2 SW/4,SE/4,NE/4 Colorado Weld 19 1IN 60W NE/4 Colorado Weld 19 1 IN 60W Lots 3&4,E/2 W/2 Colorado Weld 20 IIN 60W ALL Colorado Weld 21 IIN b0W SE/4 Colorado Weld 22 I IN 60W N2 Colorado Weld 21 I2N 60W SW/4,p/o NW/4 Colorado Weld _ 24 I IN 60W NW/4,E/2 Colorado Weld 28 12N 60W ALL Colorado Weld 29 I2N 60W ALL Colorado _ Weld 30 11N 60W Lots 1,2,3,4,E2 W2,E/2 Colorado Weld _ 30 I2N 60W W/2 NE/4,E2 NW/4,SE/4 Colorado Weld 32 12N 60W SE/4 Colorado Weld 33 12N 60W F/2 Colorado Weld 34 12N 60W W/2 Colorado Weld 23 3N 62W NE/4,NW/4 Colorado Weld 17 4N 6I W 52 SW/4 Colorado Weld _ 18 4N 6IW S/2 SE/4,SE/4 SW/4,Lot 4 Colorado Weld _ I SN 61W NW/4,NE/4 Colorado Weld _ 13 5N 61W NE/4 Colorado Weld 3 6N 61W Lots 3&4,S2 NW/4 Colorado Weld 4959380 05/09/2024 10:03 AM Page 5of6 10 6N 6IW SE/4 Colorado Weld 1 l _ _6N 61W S/2 SE/4,NE/4 SFJ4 Colorado Weld 13 6N 61W NW/4NW/4 Colorado Weld 15 6N 61W E2 NE/4,N/2 NW/4 Colorado Weld 29 6N 61W _ 1J2 SW/4,W/2 SE/4,W/2 NE/4,E12 NW/4 Colorado Weld 2 9N 6lW Lou 1-4,S/2 N/2 a/d/a N/2 Colorado Weid _ 3 9N 61W Lots 1.4,S/2 N12 a/d/a N/2 Colorado Weld _ 4 9N _ 61W S/2,NW/4 ada Lots 3&4,Sf2 NW/4 Colorado Weld 8 �- 9N 61W NFJ4,SE/4 Colorado Weld _ 9 9N _ 61W NW/4,SE/4 Colorado Weld 10 9N 61W SW/4 Colorado Weld 11 9N _ 61W NW/4 Colorado Weld 17 9N 61W ALL Colorado Weld _ 18 9N 61W _ Lots 1-3,E2 NW/4,E/2 S W/4,E/2 Colorado Weld 19 9N 61W Lots 2.4,E/2 W2,SE/4 Colorado Weld _ 21 9N 61W _ SW/4 Colorado Weld 22 9N 61W _ NW/4 Colorado Weld 30 9N 61W Lot 1,NE/4NW/4,N2NE/4 Colorado Weld 35 ION 61W SW/4 Colorado Weld 31 I IN 61W Lots 3&4,E2 SW/4 a/d/a SW/4 Colorado Weld 32 1 IN 6IW SE/4,E/2 SW/4 Colorado Weld 34 I IN 61W W2 Colorado Weld 28 1 IN 61W E2NE/4,E2SE14,NW/4NW/4,SW/45E/4,S/2SW/4 less 10a Colorado Weld 1 I IN 61W S/2 Colorado Weld 2 11 N 6IW Lots I&2,S2 NE/4 a/d/a NFJ4 Colorado Weld 13 11N 61W _ N2&SE/4 Colorado Weld 24 I1N 6IW En,W/2 Colorado Weld 25 1 1 N 61W _ ALL Colorado Weld 26 11 N 61W W2&NE/4 Colorado Weld 22 9N 61W NW/4 Colorado Weld 35 12N _ 61W ALL Colorado Weld _ 13 1IN _ 6IW N/2,SE/4 Colorado Weld 3 ION 6IW N/2&N/2 N/2 S2 Colorado Weld 4 ION 6IW Lots 1&2,S/2 NE/4 Colorado Weld 35 ION 6IW _ SW/4 Colorado Weld 24 1IN 61W Ea,W/2 Colorado Weld 24 12N 6IW W/2 Colorado Weld 27 12N 61 W S2 Colorado Weld 33 12N _ 61W NE/4 Colorado Weld _ 35 12N 61W All _ Colorado Weld 4 214 62W _ NE/4,E2 NW/4,SW/4 NW/4 Colorado Weld 23 3N 62W N2 Colorado Weld 33 3N 62W SE/4 SE/4,W/2 SEJ4,E/2 SW/4 Colorado Weld 13 4N 62W S/2,S/2 NE/4,SE/4 NW/4,except portion mpd in WD Colorado Weld 14 4N 62W N/2 SE/4,S2 S2 Colorado Weld 23 4N 62W N/2 N2 Colorado Weld 25 4N 62W SE/4 NW/4 Colorado Weld 32 714 62W NW/4 Colorado Weld 34 7N 62W S/2,NW/4 Colorado Weld _ 24 9N 62W SE/4 NFJ4,NE/4 SE/4 Colorado Weld 25 9N 62W NE/4 Colorado Weld 33 9N 62W All Colorado Weld _ 1 10N _ 62W _ All Colorado Weld S ION 62W N2SW/4,SE/4SW/4,SW/4NW/4 Colorado Weld 33 ION 62W SW/4 SW/4 Colorado Weld _ 14 __ _11N 62W SE/4 Colorado Weld 34 I1N 62W SE/4 Colorado Weld 1 35 1 IN 62W SFJ4,W2 Colorado Weld 6 1N 63W NW/4,N2 NE/4 Colorado Weld 19 2N _ 63W SW/4 Colorado Weld 8 7N 63W SW/4 Colorado Weld 12 7N 63W 1,12&SE/4 Colorado Weld 22 7N 63W N/2 SE/4 Colorado Weld 3 ION 63W _ Lots 3&4,S2 NW/4,SW/4 Colorado Weld 4 ION 63W _ Lots 1-4,S/2 N2,SE/4 Colorado Weld 5 ION 63W SE/4 Colorado Weld 10 ION _ 63W S2S2,NW/4 Colorado Weld i1 _ ION 63W SW/4 Colorado Weld 12 ION 63W _ S2SW/4 Colorado Weld 13 ION _ 63W N/2 NW/4 Colorado Weld 35 _ IIN 63W NW/4 Colorado Weld 34 IIN _ 63W W/2 Colorado Weld 4 7N _ 64W SW/4 Colorado Weld 32 8N 64W W/2 Colorado weld 12 IN 64W Lot A being part of the SW/4 Colorado Weld 19 IN 64W I Part of the S/2 being MPD in Mineral Deed Colorado Weld 4959380 05/09/2024 10:03 AM Page 6 of 6 32 IN 64W NW/4,L&E a tract MPD in Mineral Deed Colorado Weld 17 7N 65W SE/4 Colorado Weld 18 7N 65W Part of the NE/4 mpd to Warranty Deed Colorado Weld 4 8N 65W SW/4 Colorado Weld 3 7N 66W PO SE/4,mpd in QCD and tract mpd in Parcel A Colorado Weld 23 11N 66W E/2 Colorado Weld _ 8 7N 67W Part of Lot A&Lot B,being PO S/2 S W/4 MPD in MD Colorado Weld 30 7N 67W SW/4,Except 34 79 acres MPD Colorado Weld 34 8N 67W N/2,S&E Black Hollow Reserve Colorado Weld 21 4N 68W W/2 SE/4 Colorado Weld 3 9N 56W S/2 NW/4 Colorado Weld 17 11N 57W N/2 Colorado Weld 4 _ IIN 58W NW/4,SE/4 Colorado Weld 26 I IN _ 58W W/2 NE/4,SE/4 Colorado Weld 27 11N _ 58W _ S/2 Colorado Weld 34 11N 58W Ell Colorado Weld 35 I IN 58W N/2 Colorado Weld _ 3 10N 58W NIL Colorado Weld 9 9N 58W SW/4 Colorado Weld 10 9N _ 58W N/2,S/2SW/4 Colorado Weld 14 9N 58W S/2,SW/4 NW/4 Colorado Weld 15 9N 58W All Colorado Weld 17 9N 58W S/2,NE/4,S/2 N W/4 Colorado Weld 21 9N 58W _ N/2NW14 Colorado Weld 22 9N 58W NW/4NW/4 Colorado Weld 23 9N 58W NW/4,N/2 NE/4 Colorado Weld 27 9N _ 58W SW/4 SE/4 Colorado Weld 22 _ 8N 59W NE/4 Colorado Weld 17 7N 59W _ N/2 Colorado Weld 4 11N bOW All Colorado Weld _ b IIN 60W All Colorado Weld 4 ION 60W All Colorado Weld II 9N 60W S/2 Colorado Weld 11 11N _ 61W _ NE/4 Colorado Weld 12 1IN 61W W/2 Colorado Weld 1s lIN 61W All Colorado Weld 2 ION 6I W All Colorado Weld 2 10N 61 W Lot 3&4,S/2 Colorado Weld 3 ION 61W S/2 N/2 S/2,S/2 S/2 Colorado Weld 5 _ION 61W _ SE/4 Colorado Weld 5 ION 61W _ W/2 Colorado Weld 6 ION 61W All Colorado Weld 8 ION 61W W/2 E/2 Colorado Weld 8 ION 61 W W/2 Colorado Weld 10 ION 61W NE/4 Colorado Weld 10 ION 61W E2,SW/4 Colorado Weld 17 ION 61W NW/4 Colorado Weld 18 ION 61W _ NE/4 Colorado Weld 23 ION 61W NE/4 Colorado Weld 25 ION 61W W2SW/4 Colorado Weld 35 ION _ 61W N/2NE/4 Colorado Weld 36 ION 61W NW/4,N/2 SW/4 Colorado Weld I 9N 61W Lot 3,Lot 4,S/2 NE/4 Colorado Weld 2 _9N 61W S/2 Colorado Weld 4 9N 61 W S/2 Colorado Weld 4 9N 61W Lot 3,Lot 4,S/2 NW/4 Colorado Weld— 8 9N _ 61 W NEJ4 Colorado Weld 8 9N 61W SE/4 Colorado Weld 9 9N _ 61W NW/4,SE/4 Colorado Weld 17 9N 61W All Colorado _ Weld 18 9N 61W Ell Colorado Weld i8 9N 61W Lots 1,2,3&E/2NW/4 Colorado Weld 19 9N T 61W SE4 NW4,El SW/4,SE/4,Lot 2,3,4 NW NW Colorado Weld 21 ON 61W SW/4 Colorado Weld 30 _ 9N 61W Lot I,NC NE/4 _Colorado Weld — 24 9N T 62W SE/4 NE/4,NE/4 SE/4 Colorado —Weld 25 9N 62W NE/4 Colorado Weld End of Exhibit"A" 4986022 10/03/2024 10:24 AM Total Pages: 13 Rec Fee: $73.00 Carly Koppes - Clerk and Recorder, Weld County , CO Return to: BROUGHTON PETROLEUM, INC. 1225 N Loop W,Suite 1055 Houston,TX 77008 OIL AND GAS LEASE THIS LEASE AGREEMENT (this "Lease") is executed as of the date signed (the "Executed Date") with OTTER CREEK,LLC, a Texas limited liability company, whose address is 1225 N Loop W, Suite 1055, Houston, Texas 77008, (collectively, "Lessor"), and BROUGHTON PETROLEUM, INC., a Texas corporation, whose address is 1225 N Loop W, Suite 1055, Houston, Texas 77008 ("Lessee"). 1. GRANTING CLAUSE. Lessor, in consideration of TEN DOLLARS ($10.00)and other good and valuable consideration, the receipt of which is hereby acknowledged, and of the royalties and agreements of Lessee provided for in this Lease, hereby grants, leases and lets exclusively all oil, gas and any other minerals to Lessee for the purpose of investigating,by geological,geophysical,seismic and other means,exploring,prospecting,drilling,and operating for and producing oil and gas and related substances, injecting gas,waters,other fluids,and air into subsurface strata,laying pipelines,storing oil,building tanks, roadways,telephone lines,and other structures,facilities and equipment to produce,save,take care of,treat, process, store and transport said oil and gas and substances, from the land in Adams Co.,Arapahoe Co., and Weld Co., State of Colorado, described in Exhibit "A" attached hereto and incorporated herein by reference (herein "Leased Premises") with all Lessor's interest in sections listed in Exhibit "A" being incorporated herein whether described correctly or not. 2. PRIMARY TERM; PAID UP LEASE. Subject to the terms and provisions hereof, this Lease shall remain in force for a term of ten (10)years from the Effective Date(the"Primary Term")and as long thereafter as oil or gas is produced from the Leased Premises or from land with which the Leased Premises is pooled or operations are continued as provided herein, regardless of whether such production or operations are caused by Lessee or by a third-party. This Lease is a"paid-up"lease and Lessee shall not be obligated during the Primary Term to commence or continue operations of any character or to make any payments in order to maintain this Lease in force;provided that the foregoing is not intended to,and shall not be deemed to, relieve Lessee of the obligation to pay royalties as otherwise provided herein. 3. ROYALTY. As royalty, Lessee covenants and agrees to pay to Lessor: (a) For oil,a royalty equal to 20% of the gross proceeds (subject to Paragraph No. 3(c)below)realized by Lessee from the sale of all oil produced and saved from the Leased Premises or lands pooled therewith. (b) For gas,a royalty equal to 20% of the gross proceeds(subject to Paragraph No. 3(c)below)realized by Lessee from the sale of all gas produced and saved from the Leased Premises or 4986022 10/03/2024 10:24 AM Page 2 of 13 lands pooled therewith. (c) Notwithstanding anything to the contrary in this Lease, Lessor agrees and acknowledges that the royalty for oil and gas payable by Lessee pursuant to this Lease shall be subject, at Lessee's sole discretion,to the deduction of: (i)Lessor's proportionate share of any required ad valorem, severance,excise or other production taxes, and(ii)any and all post-production costs incurred by Lessee in marketing oil and gas, including without limitation all costs incurred to transport, separate, treat, compress, store and/or dehydrate oil, gas and related substances. For purposes hereof, "gross proceeds" shall mean the net amount received by Lessee after giving effect to applicable regulatory orders and after application of any applicable price adjustments specified in this Lease, applicable contracts or regulatory orders. (d) Where gas from a well capable of producing gas is not sold or used after the expiration of the Primary Term,Lessee shall pay or tender as royalty to Lessor at the address set forth above One Dollar($1.00) per year per net mineral acre that is attributable to Lessor's ownership, such payment or tender to be made on or before the anniversary date of this Lease next ensuing after the expiration of 90 days from the date such well is shut in or dewatering operations are commenced and thereafter on or before the anniversary date of this Lease during the period such well is shut in or dewatering operations are being conducted. Any timely payment or tender of shut-in royalty which is made in a bona fide attempt to make proper payment,but which is erroneous in whole or in part as to parties or amounts, shall nevertheless be sufficient to prevent termination of this Lease in the same manner as though a proper payment had been made if Lessee shall correct the error within 30 days after Lessee has received written notice by certified mail from the party or parties entitled to receive payment together with the written instruments(or certified copies)as are necessary to enable Lessee to make proper payment (e) Lessor shall have the right to audit the accounts and records of Lessee, its successors and assigns,relating to the Leased Premises and to its operations under this Lease. Such right shall be exercised by Lessor by giving Lessee reasonable notice and such audit shall be conducted only during normal business hours and not more than once in any 12-month period. (f) All royalty payments shall be due within 180 days after the end of the month in which the production occurred. Should Lessee fail to pay such royalty within such time,then Lessee shall pay to Lessor interest on said accrued royalties at the rate of the lesser of the maximum rate permitted by law,or one and one half percent(1-1/2%)per month,from the due date until the date of payment. (g) Lessee shall have free use of oil,gas and water from the land,except water from Lessor's wells and tanks, for all operations under this Lease, and the royalty shall be computed after deducting any so used. Lessee shall have the right at any time during or after the expiration of this Lease to remove all property and fixtures placed by Lessee on the land, including the right to draw and remove all casing. When required by Lessor,Lessee will bury all pipelines on cultivated lands below ordinary plow depth. 4. RELEASE. Lessee may at any time and from time to time execute and deliver to Lessor or file for record a release or releases of this Lease as to any part or all of said land or of any depths hereunder,and thereby be relieved of all obligations,as to the released acreage or interest;provided,such release shall not relieve Lessee of any cleanup,remediation,indemnity or other obligations of Lessee under this Lease with respect to the released acreage or interest that have arisen or accrued prior to such release. 5. OPERATIONS. OIL AND GAS LEASE Page 2 4986022 10/03/2024 10:24 AM Page 3 of 13 (a) If, at the expiration of the Primary Term, there is no well on the Leased Premises or lands pooled therewith capable of producing oil or gas,but Lessee has commenced operations for drilling or reworking, this Lease shall remain in force so long as operations are prosecuted with no cessation of more than 90 consecutive days, whether the operations be on the same well or on a different or additional well or wells, and if they result in the production of oil or gas, so long thereafter as oil or gas is produced from the Leased Premises or lands pooled therewith or operations are continued as provided herein, If, after the expiration of the Primary Term,all wells on the Leased Premises or lands pooled therewith should become incapable of producing for any cause, this Lease shall not terminate if Lessee commences operations for additional drilling or reworking within 90 days. If any drilling, additional drilling, or reworking operations result in production,then this Lease shall remain in full force so long thereafter as oil or gas is produced or operations are continued as provided herein. (b) Whenever used in this lease the word "operations" shall mean operations conducted in good faith and with reasonable diligence for any of the following: drilling, testing, completing, reworking, recompleting,plugging back,or repairing of a well in search for or in an endeavor to obtain production of oil and gas, and production of oil and/or gas. Commencement of a well according to the terms of this Lease will require that a drilling rig capable of drilling to total depth be on location and drilling on or before expiration of the Primary Term, and that the drilling of said well be continued with due diligence until completion.Construction of a well location without actual drilling as detailed above will not be deemed commencement of a well. (c) Lessee is expressly granted the exclusive right to conduct geophysical exploration by means of seismograph, vibroseis or similar techniques. However, if Lessee conducts such geophysical exploration or operations on the Leased Premises, all shot holes shall be kept a sufficient distance away from Lessor's water wells so as not to cause any damage to the water wells.Lessee shall promptly plug all shot holes with concrete plugs or other approved methods set below plow depth, fill the holes with dirt on top of the plugs, and restore the surface of the Leased Premises to substantially the same condition it was in prior to the commencement of the geophysical operations. (d) Without limitation of the other terms of this Lease, Lessor acknowledges that Lessee has the right to use as much of the surface of the Leased Premises as a reasonably prudent operator would use to accomplish the purposes of this Lease. 6. POOLING AUTHORITY. Lessee, at its option, is hereby granted the right, power and authority, at any time and from time to time as a recurring right, either before or after production,as to all or any part of the land described herein and as to any one or more of the formations hereunder, to pool or unitize the leasehold estate and the mineral estate covered by this Lease with other land, leases or mineral estates for the production of oil and gas, or separately for the production of either, when in Lessee's judgment it is necessary or advisable to do so,and irrespective of whether authority similar to this exists with respect to such other land, leases or mineral estates. Likewise, units previously formed to include formations not producing oil or gas, may be reformed to exclude such non-producing formations. The forming or reforming of any unit shall be accomplished by Lessee executing and filing of record a declaration of such unitization or reformation, which declaration shall describe the unit. Any unit may include land upon which a well has theretofore been completed or upon which operations for drilling have theretofore been commenced. Production, drilling or reworking operations or a well shut in for want of a market anywhere on a unit which includes all or a part of this Lease shall be treated as if it were producing under this Lease. In lieu of the royalties elsewhere herein specified, including shut-in gas royalties, Lessor shall receive on production from the unit so pooled royalties only on the portion of such production allocated to this Lease,which allocation shall be that proportion of the unit production that the total number of surface acres covered by this Lease and included in the unit bears to the total number of surface acres in such unit. In addition to the foregoing, Lessee shall have the right,power and authority to unitize, pool,or OIL AND GAS LEASE Page 3 4986022 10/03/2024 10:24 AM Page 4 of 13 combine all or any part of the Leased Premises as to one or more of the formations thereunder with other lands in the same general area by entering into a cooperative or unit plan of development or operation approved by any governmental authority and, from time to time, with like approval, to modify, change or terminate any such plan or agreement and,in such event,the terms,conditions and provisions of this Lease shall be deemed modified to conform to the terms,conditions,and provisions of such approved cooperative or unit plan of development or operation and,particularly,all drilling and development requirements of this Lease,express or implied, shall be satisfied by compliance with the drilling and development requirements of such plan or agreement, and this Lease shall not terminate or expire during the life of such plan or agreement. In the event that the Leased Premises or any part thereof, shall hereafter be operated under any such cooperative or unit plan of development or operation whereby the production therefrom is allocated to different portions of the land covered by said plan, then the production allocated to any particular tract of land shall, for the purpose of computing the royalties to be paid hereunder to Lessor, be regarded as having been produced from the particular tract of land to which it is allocated and not to any other tract of land; and the royalty payments to be made hereunder to Lessor shall be based upon production only as so allocated. Lessor shall formally express Lessor's consent to any cooperative or unit plan of development or operation adopted by Lessee and approved by any governmental agency by executing the same upon request of Lessee. 7. ASSIGNMENT. The interests and rights of Lessor and Lessee hereunder may be assigned, mortgaged or transferred, in whole or in part, to any person without the prior consent of the other party hereto. No change or division in ownership shall have the effect of reducing the rights or enlarging the obligations of Lessee hereunder. No change in ownership permitted hereunder shall be binding on either party hereto until 30 days after the other party has been furnished the original or certified or duly authenticated copies of the documents evidencing such change of ownership. The rights and obligations of the parties hereunder shall extend to their respective heirs, successors and assigns. If Lessee assigns this Lease, in whole or in part, then such assignment shall, to the extent of such assignment, relieve and discharge Lessee of its obligations hereunder and thereafter Lessee shall be responsible only for obligations which arise out of operations or activities occurring prior to such assignment or which would otherwise arise prior to such assignment. 8. INDEMNITY. LESSEE SHALL INDEMNIFY, DEFEND AND HOLD HARMLESS LESSOR FROM ANY AND ALL LIABILITY, LIENS, DEMANDS, JUDGMENTS, SUITS AND CLAIMS OF ANY KIND OR CHARACTER ARISING OUT OF, IN CONNECTION WITH, OR RELATING TO ANY OPERATION CONDUCTED BY LESSEE,OR ITS AGENTS,CONTRACTORS, EMPLOYEES, LICENSEES OR INVITEES, ON THE LEASED PREMISES UNDER THE TERMS OF THE LEASE, INCLUDING, BUT NOT LIMITED TO, CLAIMS FOR INJURY OR DEATH OF ANY PERSONS, OR DAMAGE, LOSS OR DESTRUCTION OF ANY PROPERTY, REAL OR PERSONAL, UNDER ANY THEORY OF TORT, CONTRACT OR STRICT LIABILITY, BUT EXCLUDING CLAIMS RESULTING SOLELY FROM THE NEGLIGENCE,WILLFUL MISCONDUCT OR FRAUD OF LESSOR. LESSEE FURTHER COVENANTS AND AGREES TO DEFEND ANY SUITS BROUGHT AGAINST LESSOR ON ACCOUNT OF SAID CLAIMS AND TO PAY ANY JUDGMENTS AGAINST LESSOR RESULTING FROM ANY SUCH SUIT OR SUITS TOGETHER WITH ALL COSTS AND EXPENSES RELATIVE TO ANY SUCH CLAIMS, INCLUDING ATTORNEY'S FEES. THE FOREGOING INDEMNITY SHALL SURVIVE ANY TERMINATION OF THIS LEASE AND SHALL INURE TO THE BENEFIT OF LESSOR, ANY OF THEIR AFFILIATES, AND ALL OF THE OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS OF LESSOR AND AFFILIATES OF LESSOR. 9. FORCE MAJEURE. Notwithstanding anything herein to the contrary, should Lessee be prevented from complying with any express or implied covenant of this Lease,from conducting drilling or reworking operations thereon, from producing oil or gas therefrom, by reason of fire, storm, flood, war, OIL AND GAS LEASE Page 4 4986022 10/03/2024 10:24 AM Page 5 of 13 riot, strike, pandemic or by act of God or other force majeure or by reason of scarcity or inability to obtain or use equipment or material, or by applicable law or order, rule or regulation of any applicable governmental authority,then, while so prevented, Lessee's obligation to comply with such covenant shall be suspended, and Lessee shall not be liable in damages for failure to comply therewith, and this Lease shall be extended while and so long as Lessee is prevented by any such cause from conducting drilling or reworking operations on,or producing oil and gas from,the Leased Premises;and the time while Lessee is so prevented shall not be counted against Lessee. In order for Lessee to claim the benefit of this paragraph, Lessee must advise Lessors in writing within 60 days of the date Lessee claims any obligation is suspended, setting forth in good faith such facts as Lessee relies upon to make the provisions of this paragraph applicable. 10. NOTICES. (a) To Lessor. Lessor shall be notified at the addresses shown below. Lessee shall notify Lessor of any change in the address set forth below. Otter Creek, LLC 1225 North Loop West, Suite 1055 Houston,TX 77008 Email: foran@spearpointresources.com (b) To Lessee. Lessee shall be notified at the addresses shown below. Lessor shall notify Lessee of any change of the addresses set forth below. Broughton Petroleum,Inc. 1225 North Loop West, Suite 1055 Houston,TX 77008 Email: foran@spearpointresources.com 11. NO WARRANTY.This Lease is made by Lessor without any warranties or representations of title,ownership or control of the Leased Premises,either express or implied and without recourse against Lessor. However,if Lessor owns less than the full mineral estate in all or any part of the Leased Premises, the royalty payments and any other payments herein provided for may be reduced proportionately to the interest of Lessor. Lessee shall provide Lessor with a copy of any abstract and title opinion obtained by Lessee covering any of the Leased Premises, but Lessee shall not be responsible for the accuracy of the contents thereof. 12. WAIVER. No waiver of any of the provisions of this Lease shall be deemed or constitute a waiver of any other provision of this Lease, nor shall such waiver constitute a continuing waiver unless otherwise expressly provided. Likewise, the failure of any party hereto to enforce any provision of this Lease shall not be deemed nor shall constitute a waiver of the right of such party to enforce such provision. 13. LAW AND VENUE:LITIGATION. The rights and duties of the parties under this Lease shall be governed by the laws of the State of Wyoming. Exclusive venue for any action to enforce the terms of this Lease shall lie in Converse County, Wyoming, and no party shall take any position to the contrary. No litigation shall be initiated by Lessor with respect to any breach or default by Lessee hereunder, for a period of at least 90 days after Lessor has given Lessee written notice fully describing the breach or default, and then only if Lessee fails to remedy the breach or default, within such period. 14. HEADINGS. The paragraph headings in this Lease are for convenience only, and shall not be considered in interpretation or construction of any provision of this Lease. OIL AND GAS LEASE Page 5 4986022 10/03/2024 10:24 AM Page 6 of 13 15. SUCCESSORS AND ASSIGNS. All terms, provisions and obligations of this lease shall be biding upon and shall inure to the benefit of the parties hereto, their heirs, legal representatives, administrators and permitted successors and assigns. 16. SURVIVAL. The parties' respective rights and obligations under this Lease shall remain in force and effect until fully performed notwithstanding any release,partial release, termination or partial termination of this Lease. 17. COUNTERPARTS. This Lease may be executed in any number of counterparts, each of which shall be deemed an original and shall be binding upon the party or parties so executing, their heirs, successors and assigns,and all of which when taken together constitute but one and the same instrument. 1 8. TOP LEASE. For any portion of Exhibit"A"lands that are currently leased by an oil and gas lease("Prior Lease"),this lease will take effect over said lands when the Prior Lease expires(as of the Effective Date) if this lease is otherwise held by production and active under the terms herein. [Remainder of page intentionally left blank] OIL AND GAS LEASE Page 6 4986022 10/03/2024 10:24 AM Page 7 of 13 I IN WITNESS WHEREOF, this instrument is executed on the Executed Date to be Effective as of December 1",2019(the"Effective Date"). LESSOR: OTTER CREEK, LLC By: l'I'd /`--- Name: WM J"BILL"FORAN Title:PRESIDENT LESSEE: BROUGHTON PETROLEUM,INC. By: la��' - #7"— -' . Name: WM J "BILL" FORAN Title: PRESIDENT OIL AND GAS LEASE Page 7 4986022 10/03/2024 10:24 AM Page 8 of 13 THE STATE OF TEXAS § § COUNTY OF HARRIS § This instrument was k owiedged, sworn and subscribed before me on the Z6 a dayof c Jt . , 20�, by i l i A .7. FO F M , on behalf of BROUGHTON PETROLEUM, INC.and OTTER CREEK, LLC. 1 - .a�'Y4�a,� NATALiYA ANOKHINA /vLr�;� A M Q t'iza_. _ =Notary Public,State of Texas Notary Publ , State of Texas sj Comm.Expires 04-27-2027 '14;Y:iV Notary ID 134329172 I OIL AND GAS LEASE Page 8 4986022 10/03/2024 10:24 AM Page 9 of 13 EXHIBIT"A" ADAMS COUNTY,COLORADO: TWP RNG SEC SUBDIVISION IS 64W 18 W/2(less& except SW/4 and tract A and Lots 2-11 in the Wheatland Heights Subdivision from the NW/4) 1S 65W 10 E/2 24 E/2 SE4 SW4, S/2 SE4 2S 65W 2 SE4 ARAPAHOE COUNTY,COLORADO: TWP RNG SEC SUBDIVISION 4S 63W 22 S/2NE4 4S 64W 10 North 281.42 AC lying in the N/2 except the West 30 feet for a road. Parcel 7 of Running Creek Estates,being more particularly described in those deeds from Westgate Mineral Group, LLC to Capsheaf LLC, recorded SS 64W 2 as Reception No. E0092506,from Westgate Mineral Group, LLC to Lazy Bird LLC,recorded as Reception No. E0156997, from Westgate Mineral Group,LLC,recorded as Reception No. E0156997 in the Arapahoe County records. WELD COUNTY,COLORADO: TWP RNG SEC SUBDIVISION 1 N 63W 6 N/2NE4,NW4 1 Lot A,being part of SW4 12 Lot A, being part of SW4 Part of the S/2, being more particularly described in those deeds from Westgate Mineral Group, LLC to Capsheaf LLC,recorded as Document No. 19 4612364,from Westgate Mineral Group, LLC to Lazy Bird LLC,recorded as Document No.4650177, and from Westgate Mineral Group, LLC to THP IN 64W Royalties, LLC, recorded as Document No. 4942272 in the Weld County records. NW4,being more particularly described in those deeds from Westgate Mineral Group, LLC to Capsheaf LLC,recorded as Document No. 4612364, 32 from Westgate Mineral Group, LLC to Lazy Bird LLC,recorded as Document No. 4650177, and from Westgate Mineral Group, LLC to THP Royalties, LLC, recorded as Document No.4942272 in the Weld County records. 2N _ 62W 4 NE4, E/2 NW4, SW4 NW4 2N 63W 19 SW4 _ 3N 62W 23 N/2 33 SE4 SE4, W/2 SE4, E/2 SW4 4N 61W 17 S/2 SW4 18 Lot 4,SE4 SW4, S/2 SE4 S/2, S/2 NE4; SE4 NW4, less and except that portion of land being more particularly described in that Warranty Deed between William S. McPherson and Ben Gallagher,recorded as Reception No. 1270635 in Weld County 4N 62W 13 records. 14 N/2 SE4, S/2 S/2 23 N/2 N/2 25 SE4 NW4 OIL AND GAS LEASE Page 9 4986022 10/03/2024 10:24 AM Page 10 of 13 W/2 SE4, being more particularly described by that deed from Dan C. 4N 68W 21 Wacker, Jr. and Kathleen L. Wacker to Glenn C. Morali and Carolyn S. Morali, recorded as Document No.2330845 in Weld County records. 5N 61W 11 N/2 13 NE4 3 Lots 3 & 4, S/2 NW4 10 SE4 6N 61W 11 NE4 SE4, S/2 SE4 13 NW4 NW4 15 E/2 NE4,N/2 NW4 29 E/2 NW4,W/2 NE4, E/2 SW4, W/2 SE4 7N 59W 17 N/2 7N 62W 32 NW4 34 S2,NW4 8 SW4 7N 63W 12 N/2, SE4 22 N/2 SE4 4 SW4 7N 64W Lots 3,4, 5, 6,and 7; SE4 NW4; E/2 SW4, being more particularly 6 described in that deed from Westgate Mineral Group, LLC to Lazy Bird LLC, recorded as Document No. 4650177 in Weld County records. 12 W/2, SE4 17 SE4 Part of NE/4, being more particularly described by those deeds from 7N 65W Westgate Mineral Group, LLC to Lazy Bird LLC, recorded as Document 18 No. 4650177,from Westgate Mineral Group LLC to Capsheaf LLC, recorded as Document No.4612364,and from Westgate Mineral Group, LLC to THP Royalties, LLC,recorded as Document No.4942272 in the Weld County records. 1 E/2 SW4 Part of SE4, being more particularly described by those deeds from Westgate Mineral Group, LLC to Lazy Bird LLC,recorded as Document No. 7N 66W 3 4650177, from Westgate Mineral Group LLC to Capsheaf LLC,recorded as Document No. 4612364,and from Westgate Mineral Group, LLC to THP Royalties, LLC,recorded as Document No.4942272 in the Weld County records. Lot A, being part of S/2 NW4; Lot B, being part of S/2 NW4;all being more particularly described by those deeds from Westgate Mineral Group,LLC to 8 Lazy Bird LLC, recorded as Document No. 4650177, from Westgate Mineral Group LLC to Capsheaf LLC,recorded as Document No.4612364, and from Westgate Mineral Group, LLC to THP Royalties, LLC,recorded as 7N 67W Document No.4942272 in the Weld County records. SW4, except 34.79 AC, being more particularly described by all being more particularly described by those deeds from Westgate Mineral Group, LLC to 30 Lazy Bird LLC, recorded as Document No. 4650177,from Westgate Mineral Group LLC to Capsheaf LLC, recorded as Document No.4612364, and from Westgate Mineral Group,LLC to THP Royalties,LLC, recorded as Document No. 4942272 in the Weld County records. 8N 59W 22 NE4 8N 64W 32 W/2 OIL AND GAS LEASE Page 10 4986022 10/03/2024 10:24 AM Page 11 of 13 8N 65W 4 SW4 8N 67W 34 N/2, save and except the Black Hollow Reservoir 9N 56W 3 S/2 NW4 9N 59W 3 Lots 1 & 2, S/2 NE4 9N 60W 11 S/2 Lots 3 & 4, S/2 NE4 as further described in that deed from Nexus Resources 1 LLC and Blind Squirrel Partners LLC to Nexus BSP LLC, recorded as _Document No.4104237 in Weld County records. 2 Lots 1, 2,3,&4; S/2 N/2, S/2 3 Lots 1, 2,3,&4; S/2 N/2 4 _Lots 3 & 4, S/2 NW4, S/2 8 E/2 9N 61W 9 NW4, SE4 10 SW4 11 NW4 17 ALL 18 _Lots 1,2,&3, E/2 NW4, E12 SW4, E/2 19 Lots 2, 3,&4,E/2 W/2, SE4, SE4 NW4,NW4 NW4 21 SW4 • 22 _NW4 30 Lot 1,NE4 NW4,N/2 NE4 24 SE4 NE4,NE4 SE4 9N 62W 25 _NE4 33 ALL 10N 57W 32 NE4 1 ON 58W 3 N/2 9 SW/4 10 N/2, S/2 SW4 14 `S/2, SW4 NW4 15 ALL 17 S/2,NE4, S/2 NW4 lON 59W 19 Lots 3 & 4, E/2 SW4, SE4 21 N/2 NW4 22 W/2 NE4,NW/4,NW/4 SW/4 23 NW4,N/2 NE4 26 N/2 27 SW4 SE4 34 NE4 SE4, S/2 SE4 4 ALL 5 Lots 1 & 2 and S/2 NE4, also known as the NE4; S/2 1ON 60W 7 NE4 8 N/2 31 Lots 1, 2,and 3, E/2 NW4,NE4 SW4, SE4, S/2 NE4 2 _ALL 3 N/2,N/2 N/2 S/2, S/2 N/2 S/2, S/2 S/2 ION 61W 4 Lots 1 &2, S/2 NE4 5 SE4, W/2 6 ALL 8 W/2, W/2 E/2 OIL AND GAS LEASE Page 11 4986022 10/03/2024 10:24 AM Page 12 of 13 10 NE4, SW4,E/2 . 14 E/2, SW4 17 NW4 l ON 61W 18 NE4 23 NE4 25 _W/2 SW4 35 SW4,N/2 NE4 36 NW4,N/2 SW4 1 _ALL 1 ON 62W 5 SW4 NW4,N/2 SW4, SE4 SW4 33 SW4 SW4 3 Lots3 &4, S/2 NW4, SW4 4 Lots 1, 2,3,&4, S/2 N/2, SE4 5 SE4 l ON 63W 10 NW4, S/2 S/2 11 SW4 12 S/2 SW4 13 N/2 NW4 17 N/2 18 Lots 1 and 2, E/2 NW4,NE4 l 1N 57W 26 S/2 SW4 NW4, E/2 NW4,W/2 NE4, SW4,S/2 SE4 27 S/2 SE4 NE4, E/2 SE4 34 NE4 NE4 35 W/2,NE4, S/2 SE4 4 NW4,SE4 26 SE4,W/2 NE4 11N 58W 27 S/2 34 E/2 35 N/2 1 SE4 2 Lots 3 &4; S/2 NW4 3 S/2 4 ALL 5 Lots 1,2,3,&4, S/2 N/2 6 ALL,also described as Lots 1, 2, 3,4, 5, 6&7, S/2 NE4, SE4 NW4,E/2 SW4, SE4 7 _SE4,E/2 W/2, Lots 1,2,3,&4 8 ALL 1lN 60W 9 SE4 12 E/2 15 W/2,SE4 17 N/2, SW4 18 Lots 1,2, 3,&4, E/2 SW4, E/2 NW4, SE4,NE4 19 Lots 3 &4,NE4, E/2 W/2 20 ALL 21 SE4 22 N/2 24 NW4, E/2 _ 30 Lots 1,2, 3,&4, E/2 W/2,E/2 OlL AND GAS LEASE Page 12 4986022 10/03/2024 10:24 AM Page 13 of 13 1 S/2 2 Lots 1 &2, S/2 NE4 11 NE4 12 W/2 13 N/2, SE4 15 ALL 11N 61W 24 ALL 25 ALL 26 W/2,NE4 28 E/2 NE4, E/2 SE4,NW4 NW4, S/2 SW4 Less 10 AC,SW4 SE4 31 Lots 3 &4,E/2 SW4, also described as SW4 32 SE4, E/2 SW4 34 _W/2 14 SE4 11N 62W 34 SE4 35 SE4, W/2 11N 63W 34 W/2 35 NW4 11N 66W 23 E/2 21 Part ofNW4, SW4 28 ALL 29 ALL 12N 60W 30 W/2 NE4, E/2 NW4, SE4 32 SE4 33 E/2 34 W/2 24 W/2 12N 61W 27 SI2 33 NE4 35 , ALL End of Exhibit "A" OIL AND GAS LEASE • Page 13 3988238 01/07/2014 09:36 AM Total Pages:3 Rec Fee: $21.00 Steve Moreno-Clerk and Recorder,Weld County,CO PRODUCERS 88-PAID UP Rev.5-60,No.2-4pt.-Amended OIL AND GAS LEASE 'HIS AGREEMCN-T,dated the 14`'day of November,2013,is made and entered into by and between Michael P.Callahan and wife,Marilyn G. Chick,whose address is 8444 l)oublehetader Ranch Road,Morrison,Colorado 80465,hereinafter called Lessor(whether one or more)and Grizzly Petroleum Company,LLC,whose address is 1801 Broadway,Suite 500,Denver,Colorado 80202,hereinafter called Lessee. WITNESSETH,That the Lessor,for and in consideration of TEN AND MORE($10.00+)DOLLARS cash in hand paid,the receipt of which is hereby acknowledged,and the covenants and agreements hereinafter contained,has granted,demised,leased and let,and by these presents does grant.demise, lease and let exclusively unto the said Lessee,the land hereinafter described,with the exclusive right for the purpose of drilling, mining,exploring by geophysical and other methods,and developing,operating,and producing therefrom oil and all gas of whatsoever nature or kind including ail hydrocarbon and non-hydrocarbon substances produced therewith(hereinafter"Leased Substances"),and to produce,save,market and take care of said products,being all the certain tracts)ol'land situated in the County of Weld,State of Colorado,described as follows,to-wit: Townsltio I North.rtarttte 64 Welke P.M, Section 12:A part of the SW.being Lot A of Recorded Exemption No.1475-12-3-R.E-3458 as recorded May 5,2003 under Reception No.3059053 in the County Clerk's Office of Weld County,Colorado and containing approximately 11.06 gross acres,more or less. Notwithstanding any particular description,it is nevertheless the intention of Lessor to include within this lease and Lessor does hereby lease,not only the land so described hut also any and all other land owned or claimed by Lessor in the herein named survey or surveys,or in adjoining surveys,and adjoining the herein described land up to the boundaries of the abutting landowners,including all lands and rights acquired or retained by Lessor by avulsion,accretion,religion or otherwise as the result of a change in the boundaries or centerline of any river or stream traversing or adjoining the lands described above,as well as ail riparian lands and rights which may be incident,appurtenant,related or attributed to Lessor in any lake,reservoir,stream or river traversing or adjoining the lands described above,and further,all lands included in any road,casement or right-of-way traversing or adjoining the lands described above.which are or may be incident,appurtenant,related or attributed to Lessor by virtue of Lessor's ownership of the lands described above. 1. TERM.This lease shall remain in force for a primary term of five(5)years from this date and as long thereafter as Leased Substances are produced In paying quantities from said leased premises or on acreage pooled therewith,or this lease is otherwise maintained in effete pursuant to the provisions hereof. If,at the expiration of the primary term of this lease,Leased Substances are not being produced on the leased premises or on acreage pooled therewith but Lessee is then engaged in drilling or re-working Operations thereon,then this lease shall continue in force so long as Operations are being continuously prosecuted on the leased premises or on acreage pooled therewith;and Operations shall be considered to be continuously prosecuted if not more than one hundred eighty(180)days shall elapse between the completion or abandonment of one well and the beginning of Operations for the drilling of a subsequent well. If after discovery of Leased Substances on said land or on acreage pooled therewith, the production thereof should cease from any cause after the primary term,this lease shall nor terminate if Lessee commences additional drilling or re-working Operations within ninety(90)days from date ofcessation of pnaduction or front date of completion of any dry hole. If Leased Substances shall be discovered and produced as a result of such Operations at or after the expiration of the primary term of this lease,this lease shall continue in force so long as Leased Substances are produced from the leased premises or on acreage pooled therewith.As used herein,the term"Operations" shall mean any activity conducted on or off the leased premises that is reasonably calculated to obtain or restore production.including without limitation,(i)drilling or any rat preparatory to drilling(such as obtaining permits,surveying a drill site,staking a drill site,building roads,clearing a drill site,or hauling equipment or supplies);(ii)reworking,plugging hack,deepening,treating,stimulating,refitting,injecting air,gas,water,brine and other fluids from any source,installing any artificial lift or production-enhancement equipment or technique;(iii)constructing or operating facilities related to the production,treatment,transportation and marketing of substances produced from the leased premises;and(iv)contracting for marketing services and sale of l..eased Substances. In the event a well or wells is drilled and completed on the lends.or on the lands pooled therewith,for the purpose of developing cerebra gas,the word"Operations"shall also mean,in addition to those matters covered in the preceding paragraphs: (I)Operations of said wells and the construction and/or operation of related facilities to remove water or other substances from the coalbed,or to dispose of such wager or other substances,even though such Operations may not result in the production of hydrocarbons in paying quantities,or(2)shutting-in or otherwise discontinuing production from said wells to allow for surface or underground mining affecting the drilisite or wellbore. 2. RENTAL.This is a PAIL-UP LEASE requiring no payment of rentals during the primary terns. Unless otherwise stated herein,in consideration of the initial cash payment for entering this Lease,Lessor agrees that Lessee shall not be obligated,except as otherwise provided herein,to commence or continue any Operations during the primary term. Lessee may at any time or times during or after the primary term surrender this lease as to ail or any portion of said land and as to any strata or stratum by delivering to Lessor or b rig for record e or releases,and he relieved of all obligations thereafter seeming as to the acreage surrendered. C 3. ROYALTY,For all Leased Substances that are physically produced from the leased premises,.or land pooled,unitized or communitized therewith,and sold,Lessor shall receive as its royalty eighteen and three-quarters percent(I8.75%)of the sales proceeds actually received by Lessee or,ii'applicable,its affiliate,as a result of the first sale of the affected production to an unaffiliated party,less this same percentage share of all Post Production Costs and this saute percentage share of ail production,severance and ad valorem taxes.As used in this provision,Post Production Costs shalt mean all costs actually incurred by Lessee or its affiliate and all losses of produced volumes whether by use as feel,line loss,flaring,venting or otherwise front and after the wellhead to the point of sale.These costs include without limitation,all costs ot'gathering,marketing,compression, dehydration,transportation,removal of liquid or gaseous substances or impurities from the affected production whether or not provided by an affiliate of Lessee,and arty other treatment or processing required by the first unaffiliated party who purchases the affected production.For royalty calculation purposes,Lessee shall never be required to adjust the sales proceeds to account for the purchaser's costs or charges downstream of the point of sale. 4. SHUT-IN ROYALTY. If after the primary term one or more wells on the leased premises or lands pooled or unitized therewith is capable of producing Leased Substances in paying quantities but such well or wells are either shut in or production therefrom is tun being sold by Lessee,such Weil or wells shall nevertheless be deemed to be producing in paying quantities for the purpose of maintaining this lease.Where Leased Substances from a well capable of producing gas are trot sold or used,Lessee may pay or tender as royalty to the royalty owners One Dollar per year per net royalty acre included hereunder,such payment or tender to be made on or before the anniversary date of this lease next ensuing after the expiration of 90 days from the date such well is shut in and thereafter on or before the anniversary date of this lease during the period such well is shut in. If such payment or tender is made,it will be considered that Leased Substances are being produced within the meaning of this lease. 5. LESSER INTERES'I.I f Lessor owns a lesser interest in the above described land than the entire and undivided mineral estate therein, then the royalties(including any shut-in oil and/or gas royalty)herein provided for shall be paid the Lessor only in the proportion which Lessor's interest bears to the whole and undivided mineral estate.To the extent any royalty or other payment attributable to the mineral estate covered by this 3988238 01/07/2014 09:36 AM Page 2 of 3 lease is payable to someone other than Lessor.such royalty or other payment hall be deducted from the corresponding amount otherwise payable to Lessor hereunder.. 6. ANCILL.AR'Y RIGHTS.The rights granted to lessee hereunder shall include the right of ingress and egress on the leased premises or lands pooled or unitized therewith, along with such rights as may be reasonably necessary to conduct Operations for exploring, developing, producing and marketing leased substances,including but not limited to geophysical Operations,the drilling of wells,and the construction and use of roads,canals,pipeline;tanks,water wells,disposal welts, injection wells,pits,electric and telephone lines,power stations,and other facilities deemed necessary by Lessee to explore,discover,produce.store,treat and/or transport Leased Substances and water produced from other lands that share central facilities and are jointly operated with the leased premises for gathering,treating,compression and water disposal.Lessee may use in such Operations,free of cost,any oil,gas,water and/or other Leased Substances produced on the leased premises,except water from Lessor's wells or ponds. In exploring,developing,producing or marketing from the leased premises or lands pooled or unitized therewith,the ancillary rights granted herein shall apply(a)to the entire leased premises.notwithstanding arty partial release or other partial termination of this lease;and(b)to any other lands in which lessor now or hereafter has authority to grant such rights in the vicinity of the leased premises or lands pooled or unitized therewith,When requested by Lessor in writing,Lessee shall bury its pipelines below ordinary plow depth on cultivated lands.No well shall he located less than 200 feet from any house or barn now on the leased premises or other lands of Lessor used by Lessee Hereunder,without Lessor's consent,and Lessee shall pay for damage caused by its Operations to buildings and other improvements now on the leased premises or such other lands,and to commercial timber and growing crops thereon.Lessee shall have the right at any time to remove its fixtures,equipment and materials, including well casing,from the leased premises or such other lands during the term of this lease or within a reasonable time thereafter. 7. RIGHT TO ASSIGN.The rights of Lessor and Lessee hereunder may he assigned in whole or pad,and the rights and obligations of the parties hereunder shall extend to their respective heirs,devisees,executors,administrators,successors and assigns. No change in ownership of Lessor's interest(by assignment or otherwise)shall be binding on Lessee until Lessee has been furnished with notice in writing,consisting of certified copies of all recorded instruments or documents and other information necessary to establish a complete chain of record title ti-om Lessor, and then only with respect to payments thereafter made.No other kind of notice,whether actual or constructive,shall be binding on Lessee.No present or future division of Lessor's ownership as to different portions or parcels of said land shall operate to enlarge the obligations or diminish the rights of Lessee,and ail of Lessee's Operations may be conducted without regard to any such division.If all or any part of this lease is assigned,no leasehold owner shall be liable for any act or omission of any other leasehold owner.If Lessee transfers its interest hereunder in whole or in part Lessee shall be relieved of all obligations thereafter arising with respect to the transferred interest,and failure of the transferee to satisfy such obligations with respect to the transferred interest shall not affect the rights of Lessee with respect to any interest not so transferred.If Lessee transfers a full or undivided interest in all or any portion of the area covered by this lease,the obligation to pay or tender shut-in royalties hereunder shall be divided between Lessee and the transferee in proportion to the net acreage interest in this lease then held by each. 8. POOLING.Lessee,at its option,is hereby given the right and power at any time and from time to time as a recurring right,either before or after production,as to all or arty part of the land described herein and as to any one or mote of the formations hereunder,to communitize,pool or unitize the leasehold estate and the mineral estate covered by this lease with other lend(s,L lease or leases in the immediate vicinity for the production of Leased Substances,or separately for the production of a single substance,when in Lessee's judgment it is necessary or advisable to do so for the conservation of Leased Substances or in order to promote the prudent development of the lease,and irrespective of whether authority similar to this exists with respect to such other land,lease or leases.Likewise,units previously formed to include formations not producing Leased Substances,may be reformed to exclude such non-producing formations.The forming or reforming of any unit shalt be accomplished by Lessee executing and filing of record a declaration of such unitization or reformation,which declaration shall describe the unit. The creation of a unit by such pooling,including without limitation pooling for a horizontal completion,shall be based on the configuration and amount of acreage which conforms to any well spacing or density pattern that may be prescribed or permitted by any governmental authority having jurisdiction to do so.The term"horizontal completion"means an oil or gas well in which the horizontal component of the gross completion interval in the reservoir exceeds the vertical completion component in such reservoir.Any unit may include land upon which a well has theretofore been completed or upon which Operations for drilling have theretofore been commenced. Production,drilling or reworking Operations or a well shut in for waist of a market anywhere on a unit which includes all or a part of this lease shall be treated as it'it were production,drilling or reworking Operations or a well shut in for want of a market under this lease. In lieu of the royalties elsewhere herein specified, including shut-in oil and/or gas royalties, Lessor shall receive on production from the unit so communitized or pooled royalties only on the portion of such production allocated to this lease:such allocation:than be that proportion of the unit production that the total number of surface acres covered by this dearr and incluggd in the unit bears to the total number of surface acres in such unit. (i/ ,,f '9. DELAY.Lessee's obligations under this lease,whether express or implied,shall be subj,nit to all applic tl laws,rules,regulations and orders of any governmental authority having jurisdiction,including restrictions on the drilling and production of wells,and regulation of the price or transportation of Leased Substances. When Operations or production are delayed or interrupted by such laws,rules: regulations or orders,or by inability to obtain necessary permits,lack of water,labor or material,or by fire,storm,flood,war rebellion,insurrection,riot,strike,differences with workmen,equipment failure,rig delay,or failure of carriers to furnish transport or furnish facilities for transportation or lath:of market in the field for the minerals produced,or as a result of any cause whatsoever beyond the reasonable control of Lessee,the time of such delay or interruption shall not be counted against Lessee relative to its obligations hereunder and this lease shall remain in force during such delay or interruption and for ninety (90)days thereafter, anything in this lease to the contrary notwithstanding. Lessee shall riot be liable for breach of any provisions or implied covenants of this lease when Operations are so prevented or delayed. 10.BREACH OR DEFAULT. No litigation shall be initiated by Lessor for damages,forfeiture or cancellation with respect to any asserted bleach or default by Lessee hereunder,for a period of at least 90 days after Lessor has given lessee written notice fully describing the asserted breach or default,and then only if Lessee fails to remedy the breach or default within such period.In the event the matter is litigated and there is a final judicial determination that a breach or default has occurred,this lease shall not be forfeited or cancelled in whole or in part unless and until Lessee is given a reasonable time after said judicial determination to remedy the breach or default and Lessee fails to do so. f I. WARRANTY OF TITLE.Lessor hereby agrees that the Lessee shall have the right at any time to redeem for Lessor,by payment,any mortgages,taxes or other dices on the above described lands,in the event of default of payment by Lessor.If Lessee exercises such option.Lessee shall be subrogated to the rights of the holder thereof,and the undersigned Lessor,for itself and its heirs,successors and assigns,hereby surrenders and releases all right of dower and homestead in the premises described herein,insofar as said right of dower and homestead may in any way affect the purposes for which this lease is made,as recited herein.In the event Lessee is made aware of any claim inconsistent with Lessor's title,Lessee may suspend the payment of royalties and shut-in royalties hereunder,without interest,until Lessee has been furnished satisfactory evidence that such claim lies Keer.resolved. 12.OFFER TO LEASE, In the event that Lessor,during the primary term of this lease,receives a boas fide offer which Lessor is willing to accept from any.party offering to purchase from Lessor a lease covering any or all of the substances covered by this lease and covering all or a portion of the land described herein,with the lease becoming effective upon expiration of this lease,Lessor hereby agrees to notify Lessee in writing of said offer immediately,including in the notice the name and address oldie offeror,the price offered.and all other pertinent tennis and conditions of the offer.Lessee,for a period of thirty(30)days after receipt of the ttotice,shall have the prior and preferred right and option to purchase the lease or part thereof or interest therein,covered by the offer at the price and according to the terms and conditions specified in the offer. 13. MULTIPLE LESSORS.This lease may be executed in counterparts and all counterparts shall be construed together and shall constitute one lease. Upon execution,this lease shall be bindirug on the signatory and the signatory's heirs,devisees,executors,administrators,successors and 7 3988238 01/07/2014 09:36 AM Page 3 of 3 axsigns,whether or not this lease has been executed by all parties hereinabove named as Lessor.The word"Lessor,"as used in this tease,shall mean any one or more or ail of the parties who execute this lease as Lessor. M WITNESS WHEREOF,this instrument is executed as of the date first above written. Michael. ali;,t:tart �.,. arilyn O.Chick •.'....�,a ,�� o• a � e • CO(F4 f y OF i...-1¢vs v c, �QI s1 ACKrq i .•0 STATE OF COLORAl3O 1 • Cat,60c) On this day_ of k' i?r.-- ,2013,before me personally appeared Michael F.Callahan and Marilyn C.Chick,husband and wife,personally known to me to he the persons who executed the within and foregoing instrument,and acknowledged to me that they executed the sane as their free act and dad for the uses and purposes therein set forth. WITNESS my hand and official seal. Notary T'u PiirrtName g,vP• $ ram'{ %VEER Notice of Inquiry Weld County COUNTY, CO Pre-application Case # PRE25-0199 Date of Inquiry 10/1/2025 Municipality Keenesburg CPA Name of Person Inquiring Scott and Marianne Purcell Property Owner Scott and Marianne Purcell Planner Angela Snyder Planner Phone Number 970-400-3557 Planner Email Address asnyder@weld.gov Legal Description PT SW4 12-1-64 LOT A REC EXEMPT RE-3458 Parcel Number 147512300030 Nearest Intersection NE Corner of CR 59 & CR 10 Type of Inquiry Kennel The above person met with County Planning staff about developing a parcel of land inside your designated Intergovernmental Agreement/Coordinated Planning Agreement Boundary. County Planner's signature Would you like to pursue annexation of this property? NO ) YES Date of Contact /7 /4/. Comments: i /I. / Signature of Municipality Representative Title Date Please sign and date to acknowledge that the applicant has contacted you and return this signed form to Weld County Department of Planning Services. Weld County Planning Department 1555 N 17th Ave, Greeley, CO 80631 - (970) 400-6100 — (970) 304-6498 Fax 20181107 Weld County Treasurer Statement of Taxes Due Account Number R2429203 Parcel 147512300030 Assessed To WILLIAMSON LINDI 4158 COUNTY ROAD 59 KEENESBURG.CO 80643-9429 Legal Description Situs Address PT SW4 12-1-64 LOT A REC EXEMPT RE-3458 4158 COUNTY 1"ROAD 59 WELD Year Tax Interest Fees Payments Balance Tax Charge 2024 S6,497.28 $0.00 $0.00 (S6.497.28) $0.00 Total Tax Charge $0.00 Grand Total Due as of 10/22/2025 50.00 Tax Billed at 2024 Rates for Tax Area 2449-2449 Authority Mill Levy Amount Values Actual Assessed WELD COUNTY 15.9560000* $1,930.51 SPEC.PURPOSE- $16,906 $4,720 '` SCHOOL DIST RE3J-KEENESBURG 15.9960000 S1,935.36 LAND CENTR.ALCOLORADO WATER 1.0170000 $123.04 SPEC.PURPOSE- S338,005 $94,300 (CCW IMPROVEMENTS LOST CREEK GROUNDWATER(LCG 0.9450000 S114.34 AG-MEADOW HAY S148 $40 LAND S. E.WELD FIRE 10.3030000 $1,246.56 AG-GRAZING LAND $37 $10 AIMS JUNIOR COLLEGE 6.3050000 $762.85 AG-WASTE LAND $8 $10 HIGH PLAINS LIBRARY 3.1790000 S384.62 FARBI%RANCH $414.309 $27,760 Taxes Billed 2024 53 7010000 S6,497.28 RESIDENCE 1111PS *Credit Levy OTHER BLDGS.- $23,513 S6,210 AGRICULTURAL Total $792,926 S133,050 ALL TAX LIEN SALE AMOUNTS ARE SUBJECT TO CHANGE DUE TO ENDORSEMENT OF CURRENT TAXES BY THE LIENHOLDER OR TO ADVERTISING AND DISTRAINT WARRANT FEES. CHANGES MAY OCCUR AND THE TREASURER'S OFFICE WILL NEED TO BE CONTACTED PRIOR TO REMITTANCE AFTER THE FOLLOWING DATES:PERSONAL PROPERTY,REAL PROPERTY,AND MOBILE HOMES-AUGUST 1 TAX LIEN SALE REDEMPTION AMOUNTS MUST BE PAID BY CASH OR CASHIER'S CHECK. POSTMARKS ARE NOT ACCEPTED ON TAX LIEN SALE REDEMPTION PAYMENTS PAYMENTS MUST BE IN OUR OFFICE AND PROCESSED BY THE LAST BUSINESS DAY OF THE MONTH. �ae� Weld County Treasurer's Office 1400 N 17th Avenue r PO Box 458 N' /. Greeley, CO 80632 c9 u Jt Phone: 970-400-3290 Pursuant to the Weld County Subdivision Ordinance, the attached Statement of Taxes Due issued by the Weld County Treasurer are evidence that as of this date, all current and prior year taxes related to this parcel have been paid in full. 1 (I 1 ' � Si ned:t�� tt t t ;� Date: f(Q22f26v 1400 N. 17th Avenue, Greeley, CO 80631 or PO Box 458, Greeley, CO 80632. (970) 400-3290 Page 1 of 1 Hello