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HomeMy WebLinkAbout871327.tiff RESOLUTION RE: APPROVE OIL AND GAS DIVISION ORDER FROM VESSELS OIL & GAS COMPANY, 600 SOUTH CHERRY STREET, #1220 , DENVER, COLORADO 80222 , 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 Vessels Oil & Gas Company, and WHEREAS, said lease covers land more particularly described as follows: Township 1 North, Range 68 West, 6th P.M. Section 34 : East-Half (E/2) Weld County, Colorado WHEREAS, Vessels Oil & Gas Company has submitted an Oil and Gas 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 and Gas Division Order as submitted by Vessels Oil & Gas Company, 600 South Cherry Street, #1220 , Denver, Colorado 80222 , 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. j kroisf Z40.°"-`i 871327 Page 2 RE: DIVISION ORDER - VESSELS OIL & GAS COMPANY The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 21st day of October, A.D. , 1987 . 1714,044,r BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COU TY .%�LORADO Weld County Clerk and Recorder and Clerk to the Board Gorflo r . Ladcairman EXCUSED DATE OF SIGNING (AYE) BYE4puty errs-ru«i ( � C. Kirby, Pro-Tern County erk l& a t - APPROVED AS TO FORM: Gene R. Brantner CM7sc ;ariC:74Ja ue e ohn on ____,L- (� I County Attorney W",�4 Frank Y magihi 871327 IR�L1.8541' DIVISIONORDER To: VESSELS OIL & GAS COMPANY Well: KATS "B" UNIT #1 600 So. Cherry St. , #1220 No. : 85034 Denver, Colorado 80222 Date: October 9, 1987 The undersigned, guarantees and certifies that they are the legal owner of and hereby warrant the title to their interest set out below in "Production" of all oil , gas and associated hydrocarbons produced INSOFAR AND ONLY INSOFAR AS the producing horizon commonly referred to as the "J" sand formation underlying the following described farm or lease located in the County of Weld, State of Colorado; to-wit: w 0 l� Township 1 North. Range 68 West. 6th P.M. o ►-• Section 34: East-Half (E/2) ; Ir., � and, commencing at 7 :00 A.M. on the first day of FIRST PRODUCTION, and until " t1 further written notice effective the first day of the month following the date of such notice, you are authorized to receive all of the Production of gas and associated hydrocarbons produced therefrom, purchase such Production and pay z for it as follows : ao fti (n Landowner Royalty Interest ~ Board of County Commissioners, .0024492 915 10th Street y County of Weld, State of Colorado Greeley, CO 80631 tx� . 125 x (6 . 27 / 320) z 00 The following covenants are part of this Division Order and shall be binding on the undersigned, their heirs , successors , legal representatives, % and assigns. rn FIRST: The Production of gas and associated hydrocarbons received hereunder shall be delivered to any pipeline or carrier designated by N VESSELS OIL & GAS COMPANY who gathers and receives such Production. o VESSELS OIL & GAS COMPANY shall pay for the Production of gas and associated o hydrocarbons to the above owner according to the division of interest above %14- set forth at the price received. • o trJ o SECOND: Quality and quantity of the Production shall be determined in accordance with the conditions specified in the purchase agreement with purchaser designated by VESSELS OIL & GAS COMPANY. ply THIRD: The undersigned, by executing this Division000rder, in no consideration of payment by VESSELS OIL & GAS COMPANY to them as herein provided, agrees to protect, indemnify and hold VESSELS OIL & GAS COMPANY harmless from all loss , cost, expense, or damage which VESSELS OIL & GAS COMPANY may incur by reason of its making payments as herein provided, including, without limitation, all cost or expense incurred by VESSELS OIL & GAS COMPANY in defending its position in any such claim, suit or action, against any parties asserting any interest or claim thereto, regardless of how any such claim or demand may arise. VESSELS OIL & GAS COMPANY WILL NOT MAKE PAYMENTS UNTIL YOUR CORRECT SOCIAL SECURITY OR FEDERAL TAX IDENTIFICATION NUMBER HAS BEEN PROVIDED BELOW. ALL SIGNATURES MUST BE WITNESSED, AND FOR CORPORATIONS THE CORPORATE SEAL AFFIXED HERETO PROPERLY ATTESTED TO. YOUR CORRECT ADDRESS MUST BE SHOWN ABOVE TO PREVENT DELAY OR INTERRUPTION IN PAYMENTS. Board of County Commissioners, N 4'u�� County of Weld, State of. Colorado Attest: • .. e � t/ By: eputy durty ,G3er By: Gor n . Lacy, 'iairman i I ' P.O. Box 758 Greeley, CO 80632 Date Signed: October 21, 1987 Federal Tax ID #84-6000813 VOG Owner #16200 RICORDER'S MEMORANDUM AT THE TIME OF RECORDATION, THIS IN- STRUMENT WAS FOUND TO BE INADEQUATE T ND. 04 10-09-87 / FOR THE BEST PHOTOGRAPHIC REPRODUCTION dw3 I I I / BECAUSE OF :I:.EGIBILITY. CARBON OR PHOTO 871327 ri' : D'ilM.i ',:ED PAPER. ETC -VESSELS OIL & GAS COMPANY SUITE 1220,CHERRY CREEK PLAZA • 600 SOUTH CHERRY • DENVER,COLORADO 80222 303-321-0202 THOMAS GJ. VESSELS,Chairmen of the Board October 14, 1987 THOMAS J.VESSELS.President Board of County Commissioners, r� County of Weld, State of Colorado 915 10th Street 1 Greeley, Colorado 80631 °CT 16 it / 1987 r , jl KATS "B" UNIT WELL #1 [VOG #85034] Y,p rTti` moo, Township 1 North, Range 68 West, 6th P.M. Section 34: East-Half (E/2) County of Weld, State of Colorado ENCLOSED: Division Order - October 9, 1987 Gentlemen: Vessels Oil & Gas Company is distributing proceeds from sales of oil and gas produced from the captioned property and the referenced Division Order covering your interest is enclosed for your review and approval. To insure a timely uninterrupted payment please check the order for the proper spelling of your name, correct interest and accurate mailing address. In the event your name is incorrectly spelled or your address has changed, please make the necessary correction on the order then date and initial the change. Please notify this office in the event your decimal interest proves to be incorrect. Then if you find the order to be satisfactory, please have one order fully executed in the space provided as instructed on the order, being sure to have your signature witnessed by someone other than a family member, then return it to this office and keep the duplicate copy for your records. After the order is received by us properly executed, and title is verified, your interest will be placed in line for payment. I hope this information is satisfactory and helpful to you. Please let me know if there is anything further which you need, or anything else which I can do to help you. Thank you for your prompt reply with this request, and do let me know if you have any further comments or questions. Very truly yours, Vessels Oil & Gas Com any Fred E. Abernathy, Jr. Enclosure LAND1 / 113 / 10-09-87 / t iL y 327 ti `,1 - Hello