HomeMy WebLinkAbout860439.tiff RESOLUTION
RE: APPROVE OIL DIVISION ORDER FROM ASAMERA OIL (U.S. ) INC. , P.O.
BOX 118 , DENVER, COLORADO 80201 , AND AUTHORIZE CHAIRMAN TO
SIGN
WHEREAS, the Board of County Commissioners of Weld County,
Colorado, pursuant to Colorado statute and the Weld County Home
Rule Charter, is vested with the authority of administering the
affairs of Weld County, Colorado, and
WHEREAS, Weld County, Colorado, is the holder of a certain
lease with Cache Exploration, Inc. and Conquest Oil Company, and
WHEREAS, said lease covers land more particularly described
as follows:
Township 5 North, Range 65 West
Section 12: NW' SE4
Weld County, Colorado
WHEREAS, Asamera Oil (U.S. ) Inc. has submitted an Oil
Division Order on the subject property, and
WHEREAS, Weld County is entitled to a twenty-one percent
royalty interest on production, and
WHEREAS, in order to receive said royalty interest, Weld
County must execute said Division Order, a copy of which is
attached hereto and incorporated herein by reference, and
WHEREAS, said Division Order has been reviewed by the Weld
County Attorney, Thomas O. David, and found to be in order, and
WHEREAS , the Board deems it advisable to approve said
Division Order on the parcel of land described herein.
NOW, THEREFORE, BE IT RESOLVED by the Board of County
Commissioners of Weld County, Colorado, that the Oil Division
Order as submitted by Asamera Oil (U.S. ) Inc. , P.O. Box 118 ,
Denver, Colorado 80201 , on the hereinabove described parcel of
land be, and hereby is, approved.
BE IT FURTHER RESOLVED by the Board that the Chairman be, and
hereby is, authorized to sign said Division Order.
LE 000f Cle, led - ant"' 860439
Page 2
RE: OIL DIVISION ORDER - ASAMERA OIL
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 5th day of May,
A.D. , 1986 .
i 4-Q .f BOARD OF COUNTY COMMISSIONERS
ATTEST: (� u/ try WELD COUNTY, COLORADO
Weld County Clerk and Recorder EXCUSED
and Clerk to the Board Jacqueline J•hnson, Chairman
BY t La iC X1-4/ Gof• T V em
D puty County Cl2rk /
EXCUSED
APPROVED AS TO FORM: 4-5/
//77 Gene R. Brantner---
C.W. ry���✓�
County Attorney / //y1'/
Frnk Yam$uchi
860439
• AR2052427
OIL DIVISION ORDER
Division Order No. 6 31 I4
ASAME13t1 DIL (U. S.) INC. Date: 04/23/66
POST OFFICE BOX IIS • DENVER,COLORADO 80201
Each of the undersigned, severally and not jointly,certifies and warrants to Asamera that he is the owner of the
interest shown opposite his name in the below described property or of mineral rights therein or is entitled to receive
the value or proceeds from the sale of oil (which shall mean crude petroleum and all other liquid hydrocarbons,in-
cluding condensate, which shall be accounted for in the same manner as oil hereunder) produced
from the CE I LAW 1—'85 I
CACHE E KPLORAT IQN. INC.
lease or property, operated by
situated in
field or area,in
Nt:LO County, COLORADO
and more fully described as follows to-wit:
TOWNSHIP 5 NI3RT'+. RANGE 65 WEST
SECTION 121 NW/4 5E/4
WELD COUNTY. COLQRAOQ
From and after the day of P►PST RUNS , 19 86 ,at 7:00 a.m.,and until further written notice
to Asamera,and subject to the following provisions, Asamera is authorized:
(a) to purchase and receive oil produced from the above described property,or
(b) where Asamera owns a working interest in said property or has a right to market all or a portion of
the production therefrom, to sell and/or deliver oil produced from such property to any purchaser Asamera
may designate, and Asamera shall give credit for said oil pursuant to the directives contained herein.
Credit to: Division of Interest Address
*ELD COUNTY. COLORADO •00935976 RI 45LO COUNTY CENTENNIAL CENTER
915 TENTH STREET
106863 CO 80631
GREELEY.
B 1111 REC 02052427 05/05/86 16: 01 $0.00 1/002
F 1724 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
L.6 'u`J..uI l�7'v'ldr '+
I i
9
FIRST: Only merchantable pipeline oil shall be tendered to you hereunder, and title shall pass to you
upon delivery to any transportation facility designated by you. You shall compute quantities and make corrections
for temperature and deductions for impurities in accordance with your rules, regulations, and customs in effect at
that time and place of delivery. Each of the undersigned working interest owners, if any, agree that all oil run
hereunder will be produced and delivered in compliance with all applicable federal, state, and local laws, orders,
rules, and regulations.
SECOND: Settlement for the aforesaid interests shall be made on the basis of the current field price adopted
or posted by you for oil of like grade and gravity at the time and place of delivery.
TI4IRD: Payments are to be made monthly by your checks delivered or mailed to the parties thereto
entitled at the address above given. If at any settlement date the amount payable to any party hereunder shall be
less than fifteen dollars ($15.00), you may defer such payment and make payment when the amount has accumu-
lated to fifteen dollars ($15.00), but in any event at not less than annual intervals. Deductions for any severance,
gross production, occupation, windfall profit or other tax imposed on the production, sale or purchase of such oil
may be made therefrom by Asamera.
FOURTH: In case of any adverse claim of title as to any interest or interests covered hereby, or if, in the
opinion of Asamera, any of the undersigned parties may not have good title to the interest claimed, each of the
undersigned affected authorizes you to defer payment, without obligation to pay interest on the amount so de-
ferred, until such adverse claim or dispute is finally determined or title is resolved to your satisfaction.
FIFTH: No transfer of an interest of any nature or change in the right to receive payments, however
accomplished, shall be effective as to you until 7:00 a.m. the first day of the calendar month after which you are
furnished proper division or transfer order and proof satisfactory to you of such transfer or change, and you hereby
are released from any and all liability for payments made prior thereto pursuant to this instrument. Each of the
undersigned,severally, agree to hold you harmless from any payment made without such proper notification.
SIXTH: If all or any part of the above described property is included in a pooled unit hereafter, then as
to each undersigned party who has agreed to, or is bound by such unit, this division order shall cover and be appli-
cable to the unitized minerals which, in accordance with the terms of the instruments pursuant to which such unit
has been established, are allocated to the above described property, and payment hereunder to such undersigned
party shall he computed on such allocated minerals in accordance with the interest credited to such party herein.
SEVENTH: This division order shall become valid and binding on each and every owner above named as
soon as signed by such.r e .regardless of whether or not all of the above named owners have so signed.
E
ir-.ALL SIGNATURES MUST BE WITNESSED
- `{ h Ian/ Person Should Be Joined By Their Spouse)
ATTEST:
v = OWNERS SIGN BELOW:
Board of County Commissioners
B . ~` Weld County,
De ut1 Colorado
•
sy ...t i By: •
a rmanpro f�
MAILING ADDRESS:
Board of County Commissioners Social Security or Taxpayer ID No.
P.O. Box 758
Greeley, CO 80631 84-6000-813
Please sign your name exactly as it appears herein and also insert your Social Security or taxpaper identifica-
tion number.
B 1111 REC 02052427 05/05/86 16: 01 $0. 00 2/002
F 1725 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
tc; 33
D
- ASAMERA OIL (U. S.) INC. /sir; Caen
POST OFFICE BOX MB • DENVER,COLORADO 80201 WELD COUNTY Cl?IN$ff IWI'pR
l
APR L24. 1986
' APR 2 91986
GREELEY. G01-4
MELD COUNTY. COLORADO
WELD COUNTY CENTENNIAL CENTER
915 TENTH STREET
GREELEY. CO 80631
Re: CE! LAW 1-85 I
WELD COLORADO
Dear Interest Owner:
Effective with the first crude oil sales, Asamera Oil (U.S.) Inc.
commenced.,purchasing the crude production from the
CEI LAW 1-85 I inWELD County,
COLORADO
We have obtained the title opinion with a list of the interest
owners from CACHE ExPLIIRATION. !Ncand have prepared our
Division Order based upon this information.
To insure a timely, uninterrupted payment, please check your
Division Order for proper spelling of your name, correct interest
and correct mailing address. Should your name be incorrectly
spelled, or your address changed, please make the necessary
corrections on the face of the Division Order. However, if your
decimal interest is incorrect, please advise this office
immediately. If your Division Order is accurate, please properly
execute one copy by signing in the space provided on the back.
Also, please have your signature witnessed. Please include your
Social Security or tax account number in the space provided on the
Division Order. The second copy of the Division Order should be
retained for your records.
After we have received your Division Order properly executed, we
will place your interest in line for payment.
Note that with regard to the executing of the Division Order, the
following points should be reviewed and complied with:
1 ) When signing on behalf of a corporation, the signature
should be attested, the corporate seal affixed, and the
title of the signatory party should be shown.
-2-
2) Partnerships should have all partners sign, or furnish us
with a certified copy of the Resolution authorizing the
signature affixed to the Division Order when the Division
Order is returned to this office.
3) On a signature by a second party, i.e. agents, attorneys-
in-fact, guardians, or any party except the named interest
owner, evidence of the rights of the signatory party
should be furnished to this office.
4) Be advised that on small interest amounts, payment will
not be made until the sum due is $15.00 or more, except
that in the month of December, payment will be made of any
sum then due.
Please advise this office promptly of any change of address or
ownership. All transfers of interest for payment record purposes
will be accepted effective only on the first day of the month.
We are most grateful for your cooperation in this matter and trust
that we will hear from you shortly.
Sincerely,
ASAMERA OIL (U.S.) INC.
05142-tr,� W AzetRoar
Barbara W. Thurlow
Division Order Department
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Enclosures
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