HomeMy WebLinkAbout850043.tiff RESOLUTION
RE: APPROVE OIL DIVISION ORDER FROM ASAMERA OIL (U.S. ) INC. , P.O.
BOX 118 , DENVER, COLORADO 80201 , AND AUTHORIZATION FOR
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 W.G. Van Bebber, and
WHEREAS, said lease covers land more particularly described
as follows:
Township 5 North, Range 66 West, 6th P.M.
Section 25 : S/2 SE/4
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 one-eighth 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.
850043
Page 2
RE: OIL DIVISION ORDER - ASAMERA OIL (U.S. ) INC.
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 22nd day of
July, A.D. , 1985 .
BOARD OF COUNTY COMMISSIONERS
ATTESl^7'"' WELD COUNTY, COLORADO
Weld County Clerk and
and Clerk to the Board J line J- son, Chairman AitBY: Pt ICt2,f.p LLV�'r'i�'J�i,E.�-�- ene R. B antn�-Tem
Deputy County Clerk
?,Vzir
APPROVED AS TO FORM: C.W. Kirby
Oi----- 77 EXCUSED
Gord E. Lacy
Q
County Attorney / ��-dY
Frank Yam uchi
AR2017tl66 OIL DIVISION ORDER
ASAMERA OIL (U. S.) INC. Division Order No. 64503
Date: 07/10/d.5
POST OFFICE BOX IBS • OENVER,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 CURTIS UNIT #1
lease or property, operated by UNIVEPSAL OIL & GAS
situated in
field or area, in WELD County, COLJRADO
and more fully described as follows to-wit:
TOWNSHIP 5 NORTH, WANG,:. 66 WEST. 6TH P.M.
SECTION 25: S/2 S=_/4
WELD COUNTY, CULORADJ
From and after the day ofF 1 x''51 RUNS 19 84 , 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
WELD COUNTY .0102031G RI HOARD OF COUNTY COMMISSIONERS
92769 WELD COUNTY CENTENNIAL CENTER
915 10TH STREET
GRE =LEY CO 80631
B 1077 REC 02017866 07/22/85 13 : 13 $0. 00 1/002
F 1107 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
B 1077 REC 7017866 07/22/85 13: 13 $0. 00 2/002
F 1108 MARI ANN FEUERSTEIN CLERK & RECu_.DER WELD CO, CO
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.
THIRD: Payments are to be made monthly by your checks delivered or mailed to the parties thereto
entitled at the address above given. If at ally settlement date the amount payable to any party hereunder shall be
less than fifteen dollars (S15.00), 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.
FOUR'l'II: 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.
FlFT11: 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, arc allocated to the above described property, and payment hereunder to such undersigned
party shall be computed on such allocated minerals in accordance with the interest credited to such party herein.
SEVENTH: This division circler shall become valid and binding on each and every owner above named as
soon as signed by such owner regardless of whether or not all of the above named owners have so signed.
ALL SIGNATURES MUST BE WITNESSED
-� (Each Married Person Should Be Joined By Their Spouse)
ATTEST, ,�1 .1
IC R OWNERS SIGN BE O1:1t1:
/y
EVIli
�� �77��-��
I� CG�' \ A s�,
BY: ." s` C air n
A- L1t4�r ' K'�%�l►' t :oard of County Commissioners
Depute �o ."� er
V <"
t NA
Social Security or"Taxpayer ID No.
84-6000813
Please sign your name exactly as it appears herein and also insert your Social Security or taxpayer identifica-
tion number.
v
t
ASAMERA OIL (U. S.) INC.
POST OFFICE BOX 118 • DENVER,COLORADO 80201
JULY 1 'J . 19105
it ro/1pT
nil
WELD 1 JUNTY D ;�nii"-�{{{''']]]
E;0423F OA23 J COUNTY COMM' SSIONE S vr�t� V.Th :
WELD �,_-JUNTY CENTENNIAL CENTER -. LL.. I/�'''1{\,7
91 �, 1arN STREET 9 ',••• ll;
GR66EL` Y CO 80631
GREEtcr Colo.
Re: —( 'JRTIS UNIT
COLORADO
Dear Interest Owner:
Effective with the first crude oil sales, Asamera Oil (U.S.) Inc.
commenced purchasing the crude production from the
CURTI,≥ UNIT a1 in WELD County,
COLOR" DO
We have obtained the title opinion with a list of the interest
owners from UNIVERSAL OIL & GAS and 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.
,_., 7
Barbara W. Thurlow
Division Order Department
jh
Enclosures
TELEPHONE(303) 863-7300
TELEX 45-4483
ASAMERA OIL (U. S.) INC.
POST OFFICE BOX 118 • DENVER,COLORADO 80201
QUALIFIED ROYALTY OWNER EXEMPTION
Dear Royalty Owner:
On July 29, 1981, the Congress of the United States enacted the Economic Recovery
Tax Act of 1981. A major change made by this act is an exemption from the Windfall
Profit Tax for a portion of crude oil production attributable to a qualified royalty
owner. Effective January 1, 1982 through December 31, 1984, two (2) barrels per day
of qualified royalty oil are exempt from the Windfall Profit ,Tax and, effective on
January 1, 1985, the exemption is increased to three (3) barrels per day.
Enclosed is Internal Revenue Service Form 6783 to enable you to certify those
properties from which your royalty share of the oil produced is to be treated
as exempt. READ THIS FORM AND ITS INSTRUCTIONS CAREFULLY. If you are unsure
that you qualify as an exempt royalty owner or if you have questions concerning
the form, please contact your personal tax advisor or your local Internal. Revenue
Service office for guidance.
If your production qualifies for exemption, please complete the form by filling
out the top of the form, listing the properties to be treated as except and sign
and date the form at the bottom. Also indicate your Social Security number or
Taxpayer I.D. number in the space provided in the upper right hand corner of the
form. Please return Form 6783 along with your Division Order.
Thank you for your cooperation in this matter.
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