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AREU10373
•r W[LD COtillT On AAD CAS t].ASZ - .
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,• 1� Containing 175.44_ net mlreral acres, more or lent , -d
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o MIS i,'ASE ACRRf`:F.NT, dared this 1 r da of
will_— / HT _, 19l , made and entered
a .-e O Inca by and between 'GELD CC UNTY, (OLCRADO, a political subdivision of the SIAM 07 COLORADO, acting by and
• U through the BOAR) OF coot 1 CO"R!ll SIONERS OF THE COUNTY OF Its, far its respective interests, c/o DOM 07
A COUNT! Cc?tt:SSIOtTPS, WELD COL1ITY ::ENIENNIAL CET, 9LS lam STg.EC7, CRRtCT, CO $0611, hereinafter called -
o W Lessor, and-:
o _ Nolburn Energy Company
iZ 5935 W. Mansfield Ave„ Unit 255 _._a '
Denveri Colorado U0235 '1 Nf"
• . hereinafter called Lessee:
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. .t p ,a l.'ITXESSEIA
• H a' 1-E>EA', said Lessee has appl ed to. Lessor for an oil and gas lisle covering the land herein described, a
•. -I, a and has pall a •Illog fee in the amount of 510.00, plus ■ beams consideration of 110,00 per mineral
' e acre, fixed by Lessor as an additional consideration for thegranting , agrees i en a of this Sum and Luce a to •
# en C.) pay an an n.:al rental of S 173.44 , computed at the rate of f 1.00 , ,per mineral stn et
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,-_i z fraction thereof per year. „1
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Jl in H 1DHEREA5, all the requirements relative to said application ten bees Only tauplied with end laid
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a application has teen approved and allowed by raptorl
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r w -iIEREFILE, n consideration 'f the agreements herein, on the part of testes to be paid, kept and
1 p b: performed, '',.esso- does lease exclusively to Lessee for the sole and only purpose of drilling for,
~o tZz devrlopment of se! productien of oil and gas, or either of them, thereon and therefrom with he right to own
tv ci all r„ and gas so produced anc asved therefrom and not reserved as royalty by Lessor under the tats of
this lease, together with sights- of-very, easements and servitudes for pipelines, telephone and telegraph
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' W lines, tanks. and `ixtvres frr pr:dtcing and caring for such product, and housing and bearding 'splay's', and
'" Lx any and all rights anc privileges necessary for the exploration and operation of said land frr oil end gas,
1 ,0 ,-4 the fo:t^vt-g described lard situated in the County of Weld, State of Colorado, aced more' particularly -et:
I N - described as reclines: ' U
O cal - .
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IYJ Rs _ DESe IT)N OF UT:` SECTIO!a TO WW2 W2 — i:, "
S :kMP;, E'}s»'-c, S1/25:E R 22 9! 62W
TO IiAFT AIM PO HUD se d land end all the rights and privileges grantee hereunder to Lessee until the •
hour cf t-•elee o'clock noon on the _Ilth dar of May , 19.ia. as primary term, and so long
:hereafter a., oil and gas, or either of them, is produced in payln! quantities from said land or Lessee is -
diligently e)gagel in bona fide d-ill:ex or reworking operations en said lend, subject to the tern end
conditions b -rein Drilling or reuorkirg operations shall be deemed to be diligently ;performed if there is
• no e!ay or cessation thereof for a greater period than sixty consecutive days unless an extension in
writ log is grantet by Lessor; provided that such drilling or reworking operations are commented during Said
• primary term or any extension thereof or while this lease fs in force by reason of production of oil and gas - ;'
or either of them, or that such reworking is commenced within sixty days upon cessation Of production for
the purpose of re-establishing the same, and provided further that suchproduction is : +l�`
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commended during suds +e 1
primary term or any extension thereof, or while this lease is it forte by reason of such drilling K
reworking opt rattrns or other pre-du ction. • „j--
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rXPLORAl104 - Lessor re.e!ves the right to contest erplsni;ta se the linnet lead preetM twee
exploration does lot interfere with rights greeted berets.
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CD U In considers:ion of the presttes, the parties ee.sant sad serse, me fellow's
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1. YETIS!. - If this lease ii estendN fee a .Mitteasl net? .e pew-teed ter la the taiSltlfl
• Wparagraph hereof, L hall during ends ti exceeded reed Item is Lte as mewedtests% it feeble Me 1'ste
g above specified for the land cohered hereby. The reseal to *fleet et the time pre'. tarn Is setNlnJsq
a shall not be increased due to the ten of this lease lopes estnMdr q by seek ptsdtl , festels set et the
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tn- S1 time of establ toted production shell be paid Series tad reea r telee Ilk!. sf this lease, + ley, to efts**,
2 on or before each anniversary date hereof, There Waa11 be no reeved et es.Nd rests!.
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m a RcffALnT - Leses shall secutant for •ey roe ell PoOotanee• prs.eed ss the Need lied sod Loewe
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as shall pay tr Lessor as rrryalty in addition to the reseals prwtaH, bet nen ter prefects seed a the
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o X leased land unavoidably lost or flared ter the fears, teed. rte pynwil H Leese,, [es eel Lstadt
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• v' .7 (s) On oil, I7,'1 of the nil yrevance4 d saw' free else lased Ire.
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(„ zj At the option of Lessor, and pith stoty fell days• satire to taut., Lessee sat tore lie
royalty Oil in kind, in Mich event Legere seal/ deliver •ea rnelty oil re teeth ea the leered lied.
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o to free of cost or Ceductton, Seto the pipeline w e1Row teat :wslgartd et L"s•N. let LOON, 01411
a net 1n n:ch usebe r ,u +. erne tenter.• i-ed to prowl e t
W r Ire soy sad oil fir • Isere petted n.e ewe •
Wninth after the sato is rim into tares. irit% sixty fell toot* merits is Leeeee, tenet set *4440
n G. raking oil -Mal(y In kind. \.en raid in rose.. tad reentry that) M retrained See the tat+ sobs+
2 z value :1 the oil at the soil: Mid "all wet be Mead to 1e lees it MO tortes attealle paid to
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Lessee At the well by the Donhaser thereof{
d Nern a Nw Melt the fsri N a.rd lti 'be t eyes a artist
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'r o value at the well lets [ban the potted ►emits la tad field In eat ell. et Is the aeon of 1 reed
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price In the field for suet. oil, epee a sweet tales st tie sell less Sea tie priest)- a fete
X received by other prnducen' is the field tor oil H et Iles eras s stmte at the rte sere ell to to
Y into ptpeiires or storage tarts.
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0 N (1:) On gas, including caelns'heed fed s rtes sense me.tarsre, 111 Z WI the -elks nret we1M
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at the well or of the price receleed by [note sit the sell. seireare r is g r. H all red preened '
ill th std sold free the leased lend or etiliUN eft the fwd be Lsow.'.. 1 'Orr of all de•atreiI In sat" H
. Fu shell be furnished [n ',er set, veer. see it scald enter ewtfKC tea[ kw' rem arrrnsel h GsNr.
the (air eartec value of pith r., for dtte'wtot+e it. reraltin peyeble bereedtt Sell be the price at
belch such sax 1n sold under uch ensttact. Da approve' Sy 14404e cif the terse H ref each setsKMM
shall cperat• to sake Lector party thrrete et Attests it tlbereesrtaf /a sir} soy. At the optima of
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Lessor„ and with sixty (60) a' notice to ta•tee, Leven se► tate its royalty. le bled. With fiery
L' (601 dare' nitir. to L , or say cowed talkie* set reysltr la %tad.
(c) All costs of ware. -1 the ell s►d/er to Ksee.N Moil be terse Vy testes sod • e. stet*
shall not directly or indi:ertly retie the royalty peyetets is tsetse. tn. i: On aaetetlet Bette
4. for Lessor's In-kind rmalty shall be berme by teeter.
(c) If Lessor owns a looser interest to try oil tad gas dnrsel'ta Of the ~NO-00Otftleee Ind she
the entire end undivided fee sips!' esters, them time reroutes it reetale berets provided •tell be
paid tr. Les:or only in the portion come& it• tettnet bean to the Sete wed adirided in, bet el
refund of ant bonus consideration shall be serfs by letter horses+.
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3 PL CORES - Lessee agrees to keep and 10 have in po ton coieolete and accurate book. and retort .
\' showing the production and disposition of any and all substances produced on the leased land and to pert ;
Lessor, at all reasonable hours, to examine the sate, or to furnish copies of gang to Lessor upon reques% ,
along -with purchaser's suppo-t documentation. Lessor vile not be unreasonable with requests. A:1 situ
:s 1 books end records shall be retained by Lessee and made available in Colorado to Lessor for a pertnd of w..''
II'r less than f ye years. .
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E 4.. ^ A•'.11FrIT.75 - ill production chili be accurately measured using standards established by tl.•.
r) 0 A, :rlc im Ca Association (,GAI and:or the Areti.ran Petrolec-a Institute (Art) and nli maturing decree aha'.
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�F U be tar.perpr o` as nearly as loss Ible. Oil royalties due within the terns of this 'masse shall be cal calatr•1
2 on actual old accurate measurements within API standards unless a different means of measurement, subject ,..
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c) W Lessor s ape rove:, is provide!.
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C:7 s. P.Y?!E:7S & IEPOR'S - Al; payments and reports eat hereunder ohs.: M weds on or !mime the d•••
0O s oh p,vren s and repots are due. Nothing In this peregreptu till be construed to extend the eaptratlon r:'
U I .. la• 7 the pr'mary term„ hereof. •
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1: 1 royalty payments and suppor ring decuaents shall be submitted prior to the last die of the
4, -,-n::h "ellvE-tug each month's sale of producrfer, and pas royalty pg pp eccentrics s eents and suorting documhat be shell;
submitted color to the last ds'.y of the second zenith following such month's sale of production.
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a� '0 C) 't'1 paroents shall be made by cash, check, certified check or money order. rayarn:a having _
,.i to restrL[ion:, gun ii fir,t ions, or encumbrances of any kind whal:sorer shell not be accepted by Lessor. a a
'! 41 nenelt- for a late payment shall be charge. as pelt forth in the 12MALTIES paregreph herein.
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ii W 6, PENALTIES - k penalty shell he Imposed for, but not limited to late payments, improper paysnts,
I' W operational deficiencies, vitiation of any Covenant Of this lease, or felee lltatementa *ode t, 'Lessor.
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,> Penalties stall be determined by Lessor unless otherwise provided for by law and may bet 1s the fors of, but
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' nit llltited tr, interest, fees, fines, srdfor lease cancellation. A penalty Schedule shall be prenered by
'+ eC Lessor and shall become effec tive Irediately after public mtl.ca. Said schedule nay be thang.t n+ time
•� ?�, ,•., -r time after public surfer. ,
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c: ri 7, L.IJ - The trims a-ld conditions of this lease shall be performed and exec<iaed subject to ell lave, •
r- n-les, regulations, orders, local ordinances or resolutions applicable to and binding -Ton the '
-, c) administration cf lands and minerals owned by the County of Weld, end t0 Imes, rules end repu;lations
ti r, governing oiI and gas opera ti. insit Colorado. Viol atio is shall, remelt in pmelt lel an provided for by Inv
or as set forth 1n the afjrementioned schedule or shall, at the option of Lessor, result in d.iault MI
pr-v:de d der,Ina f ter.
E, Sll:nE'.CP F.R - lessee
ray st any tine, by • In to Lessor all..'tpaying g amounts then due as prov!def herein,
.urrendar th.a lease insofsr as the sane cover, ell or any portion of the lend hereto leased and be relieved
from further out Igntlors or liability hereunder with respect to the land so eorrrndered; provided [Plat no
rartinl suironler or cancellacIon of this lease shall be for 'less than contiguous tracts of appr.,afmately s
forty (.0) sores or Cc'ernmen-al lot corresponding to a qusrter-quarter section; provided further • tat this
• surrender clause and the option herein reserved to I haul cease and beccee absolutely inoperative, •
trnedin-:ely and concurrentl'p u ith the institutum of sn suit in any court of law 7 by Le$$$$$ Lessor nr any
as;Ignet of either to enforce this lease, or soy of its terns expressed or implied. In no case shall any .
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.•', surrey Ter be effective until Lessee shall hive made full provisionfor conservation Of the leased ;'ro c;;t
f .: and protection of the surface rights of the leased land,
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je I.:) Lessee, wit's +rior written consent of Lessor, shall have the right to • slgr. the entire
re O lrase'it Id laterest of s id Lessee in all or part of the land covered hereby, but not less. however,
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Pan contiguous ore c:a if approximately rely forty (40) serer or Covenursentnl lot eorresyond'.na to is
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q.arter-cuarter section for anypartial assignment, ' approval assignment Lessor shall
•r O and ibex of such aaH
U cake an asstgneenr charge in an amount: to be determined by Lessor. Prior to written approval by Lasso?�s q of ass greent of his lease, Lessee (assignor) shall not bs relieved of its obligations under the terms •
cr G1 aid orditirn.s herein. ,n assignment shall not extend the term of this lease.
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'' rh et o; '1) ,f any assignrent of a portion of the land covered hereby shall be approved, lease
c> CI shall le issued to the asslgnre covering the assigned land, containing the same terms and conditions nr ,
e., a :; is loasc, and limited as to term as this lease is limited, and the assignor shall be released antiCI
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d:schatged iron all further obligations and liabilities as to that portion so assigned.
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,c) Lessee shall ratify Lessor of all assignment■ of undivided percentare or d-' 1-itereats.
be rota ired Crapproved by Lessor, end the effort n assignment,
Said it [crests will nn[ Rn pp r
be strictly and only between theparties [beret
a: , and outside [h. terms .ease. and no
dispute between parties o any such assignment shall operate to relieve Lessee .. .rfonaance of any
terms or conditions hereof or to postpone the time therefor. Lessor shall eat all tames be entitled to
Look solely to Lessee or his assignee shorn am its books as being the sole owner hereof, and for the •
,, r, W se)dirg of all nrrices -equited by this lease and for the performance of all terms and conditions
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(d) Although not binding on Lessor, all instruments of every kind and nature whatsoever affecting
r W this lease should be filed with the Lessor.
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ra ,Q !C, Cd.RLIDINC ROYALTY - /ny and e1.1 reservations or assignments or overriding royalties shall be
C , subject to approval by Lessor The total of said overriding nryalties shall not exceed five permit'. (Al,
• G inoludlag ary o erridi-rg royalty previously provided for unless production exceed: ly average of
t fI teen (it) barrels per day or ninety thousand cubic feet of MCP::per clay (90 rC : the avant that
rr duct'.on drops to this sore nt or less, any overriding royalties butch exceed five 1.:• cot '5\l may to
r- r- suspended. "..esaar's approval of a reserearion or assignment of an overriding royalty shall not bind Lessor l• e +n ,o- pa bent ,-f sore eve rid:ra royalty and shall not relieve Lessee of any of its obligations for payment of •
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rob:alti.s to Lessor as provided by ROYALTY paragraphs herein.
:1. GiTSFT ITLLS • Lessee agrees to protect the leased land iron drainage ty offset wells lotsred on
ad-ern:-g Is cds rot owed ':q Lessor: when such drainage is net compensated for by counter-drainage. It
shall b- preowned that the production of oil and gas from offset wells results in drainage from the. :eased •
land, telex!: Lessee demonstrates to Lessor's satisfaction, by engineering, geological, or other data, that •
prrenct-on from such offset well does not result In such drainage, or that the drilling of a well or cells
co :he teasel laid would not accomplish the purposes of protecting the deposits Under the leased land.
Lessor's derision as to the existence of sort drainage shall be f!1n:l, and Lessee shall comply with Lessor's
order thereon or surrereer this lease as to any such undeveloped acreage as designated by Lessor.
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11. P:vrLonl1EHT - Upon discovery of oil and gas or either of then on the leased land, Lewin shall
•1 ' proceed wire resannab e diligence to develop said land at a rate and to en extent Commensurate with the
ec000cic de'eiopnent of the field ':n which the leased land lies.
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c U 11. UII:IZITI08 - C0'.t"1lifITIZATT0tt - In the event Lessor permits the lend herein leased to be Included
I I - warble a cccmunitizaticn or tniti:shun se:recent, the terms cf this lease may be deemed to b. modified to
• " O confn,, o to such agreement. then only a portion of the land under this lease le cooftted by an student, •
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Iessot may :•green to vie land and issue a separate lease for each portion not [nosh ted thereunder) I he tors
.G] of sus separate lease shall he limited es to the oviginal term of this lease. The term of for lease an •
•. '• c. w that ,orti-m remaining in the unit shall be deemed to be taodifled to conform to such Sellitmant.
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' ; :� c' nor:prcducing leases shall terminate on the first anniversary date of the leash following the termination
:_ W date oC the unit or part thereof modifying the lease, but is no event prior to tba end of the primary tare
E a of the leas: or the extension tern of the lease.
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'., �_ a s, =seal—.:0u - 1eseee shall , sub'ect to applicable laws, regulations and orders, operate etre orodwoe,
•a I ,T 1S u-rr. tie leased :aid so long as the same an capable of producing in paying quantities, and abai
t c X 0T-erasz the same so as to pri duce at a rant commensurate with the rate of production of wells on ad lolning
lands vithii the same field end within the limits of t' w
t fond engineering practice, except for race taws au
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t(. ,-1 there exist eel:her rarket -tor storage therefor, and except for such lisitat:tona on or suria axiom of
• s U oroduc..ion . s may be approved in weiting by Lessor. Lessee shall be responsible for adequate site aetcrit)•
,.j 2 on all it:odic:mg prope•tiea.
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> ; cc 15. ci UT-IS h'ELL1. - IF lessee shall complete a well on this leased land productive of ens aid :sseee Is
I'. , rh j unable to p oduce such gas due to a lacb of suitable market therefor. Lessor say grant L -aspen,ice. of
; Gw. his obi igacl ors to produce hereunder until a suitable market (or nth gas can be found, and during any such
, ';�bth o s•s.spenrion lei boa, it shall le deemed that gas is being produced hereunder in paying quantities tx[ept,
c `= ve-, Cut beiinning on the ann'.veraan date next, of the year of an extension of the lease as rising of
a 'v a shut in w.11, Lessee aha'.1 nay to Leuur a .Tut-in r al to• O7 equal to 22 per acre of the lease oar annum It
r addith n to the annual rental. She aintvtm amount of each slut-in royalty payment shell be 11:0. Lace
1,1 Yl veer', shut-in rryalry shall 5e forfeited to Lessor except for the abut-in royalty paid for the mat sr during
• !k f which the vi 11 begins product ion. The aaxin extension of the lease, due to the existence of a abet-ia
o n. well, shall be five years beyond the extension ten as described In the EIRNSIOR paragraph herein. She
p gr antt.g of snv farther eatenrfors shall bet at the sole option of Leasor.
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CP:RTIJuS - No exploration, drtll`cg or production operation, Including permanent installations,
(ball lie within 200 feet of any existing building or other tap•.rovesent, including water well ar rrasrroir,
5 hot the n-ltten permission of the owner of said Improvements. 'Lessee shall keep a Correct :oe of each
well I.illec hereunder, showing by name Cr description the formations sassed through, the depth at Mich
.. ' .. each f;rmation was reached, the cumber of feet of each size casing net In each well, where set and the ,Il
•� total depth of each well drilled. Lessee.,. within thirty (30) days after the completion or .band:rment e!
any ve:.I dr!Iled hereunder, shall file in the office of Lessor a complete end correct log of such. well,
1 sore In- wit: a copy of the e-ectric log and the radioactivity log of the well when such logs, tt elttrey of
.' :hem, are n r; and also a c p7 of all drill aces test results, core records and analyses, re-Cord O1" •
.• ;I pe-forn-'ions and initial production rests, if cry. If any of the information required by this par.yiraph is
contain,:d in reports required to he filed with the Oil and Cie Conservation Commission of Col/main, the
requireents of this paragrapt for sucn information may be satisfied by such filing with said Commission,
except for copies of the reports as are required by the following paragraph, and provided that all snob,
informar.ion :a immediately available to lessor. Any proprietary information mo submitted stall not be -
subject to ni bl is inane, ti or under Colorado law.•
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Lessee shall bury pipelines below ;low depth. Lessee shall set and cement tufficiant: surface
rasing to protect the fresh water wells of the area.
17. h)TLFlIATIC•: - Lessee stall notify Le,sor and the surface lessee or surface owner of t:'e tocattno •
of each drill site at least -wo weeks prior to commencing drilling operations thereon. L
o U 1. .;sow heft re comment leg to plug and abandon any well by a of L
'all notify
, copy 'a request for approval or snn<r ry
co[!re of 1 rant to pug add abandon.
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18 SP.TS - Lea:ce ;hall It liable for all damages to the narface of the land, liver:cxe, grating
` o '`] crops, vate. .cells,
• c 'c rscrvolrs, or improvement. caused by Levee's operations on said land. .Po operations
shall be ccmcnced on the land heretnabove described unless and until Lessee shall have filed a
, s • ! an q fflc lent 'cod with lessor, in an amount co be fixed by Lessor, Ira ens
nav bepl secure the payment for tend dames la
, � can sad Ly Lessee's epe-nclors on said Is id and to assure a •'
O n. aids Iva;e s srml re with ell the [etas and olning. na
the taws er the State of !'nl or ado, and the rules sn<I regulations thereto appern In ins, y
W mono m.:y he held in of est In the life of prodr,etinn of any well•
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<= :� 17, IE .., chT - Lessee shall not remove am machinery, equiprent or fixtures placed On said la' W ether 'has drilling e iermot, nor draw veil unless and until all e7 U rb:l gat tons currently duo lessor under the terms of t is lean shall have been paid or self s(welts a
Any-
U ra-hlrery, equiprent c fixtures left on this land for a period of more than six 6 ca ,-1 " t,.atlon h- roof, shall autoraticaily become the ( ) months after the `
� .� - property of lessor,
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".0. o.IER DiSCOITRY - Should Lessen discover any valuable products other than oil end tam, en err
n'; D wd'h In he I as rd land, Lessee shall within r W seven (7) days report. ru ll discovery to Lessor, In shall event
a• r•r W Lessee and Lessor ray negotiate a provision for production of such. c= .b df rovery,
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c' IH l id; -p .. Psis lease dces not grant permission, express or implied, to Lessee for water esn -motion,
) tY lip, or ':1!shlrg water wells without the written permission of the surface
4 ant-atop owner, said pecrissfo, rail not he owner. If e s or,.-..! -,7,1
.. .�! a 3 d!c. unreasonably wf tbh±ld., If Lush dnlrt• to vote l'!ah or t. 0 ,o •
r c an -e'er '1g for ,a f F.cial one en the leased land, any much adjudication or applicsti n shall
se in t}e nice of bessa If LL Jr Is the surface owner. The same shall
en in -'x t.. fe tab: shed en the apply to arty nontr(b•,ra-y rater
ems; lent which may C. put to beneficial use off said land.
22. DErili L Upon fa1:u r default of Lessee to comply
including but not ifs I tel to t lea any ao the [toss and prnrls lo- d0 CII allure to ccapty with laws, rules and regulations governing Colo-ado 0(1
act gas operations, Lesser is L - authorized upon notice and hearing
, as hereinafter provided, to cancel
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:and so claimed or possessed by Lessee hereunder. In the event of any
'. n defdult . r f.aflure, Lesso Cl,. before making any such cancellation, send to L
ail c• the rest if ft ce ad drew' c. said lessee as shown the record, by ent'ion e to •
ce'.c .l fa- curl fns.lure cr d, acl:, specifying the same, stating that If f within thiress , a otica of lntem , the
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d,'e or inn:, snil nntl a Ler:ee shall correct such failure or default, no cancellation will be emet, If
.h fail are c- default s net co--ected within. thirty (30) Jaye after the melting of such notice, .and if
m.i L-nsne dots no :est a hearlrg CO such notice within thirty (10) days, this lease will terminate and be
cancelled by aeration 0' this paragraph without action.rh further by Loner, or further notice to Legate.
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¢ 0 2). E:SERSION - If Lerees falls to make discovery of oil and gas, or either of thee, in paying
(-) quantities during the primary term hereel', oT Burin drills '
tag operations consented during the primary ten
hereof, lessee may make written application to Lessor for an extension of this Isere for a term equal to the
U primary tern as to all of the mineral acres ct'.tred hereby (excluding any mineral acres theretofore
q surrendered as in the SURRENDER Paragraph provided, or assigned as in the ASS1GflaxI'S Paragraph provided)
Wthe grant;.rg of such extension shall be st the sole option of Lesser at double the rental for the primary
c 3 tern terer-f
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21. lilU) PA R21.1:21 - Lessee shall indemnify Lessor satinet all liability t
and loss, and !saint r,l
Oclaimsand actions, including the defense of such claims or actions, based upon or silting out of damage or
U Injury, Inc:uding death, to persons or property caused by or sustained' in connection With operations on this •
c a leased land or by conditions created thereby, or based upon any violation of any statute, ordinenee, or
c. reg:jin 1or.
•
' L] 25. C, h2172tATION - If the leased land shall be taken is .any condemnation proceeding, this less, shall
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'� nntoma:!cal v terminate as of the date of taking. 117.e ..e ward fm. such condensation shall be in paid to Lear,
e•.rcpt for any specific sward is) paid to Lessee ...r atyeneti oil and gam resents, 1d MScl: •toot
c H XXXXYXXX;X of such specific award(s) shall be paid to Lessor in lieu of royalty lost by Virtue of the.
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c•,ncec•.atlor . provemens s suet I be remored l y Lessee per terms in the snnrDT Paragraph hereto. If
',I 'i ' c to or:ly a port or of the leased land Is taken by condensation, Lessor nay,a at its option, terminate this law
. r [eralneu rely that portion of the lease so taken. s
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' it- 26.. EFWCRS - Every effort is made h. Lessor to avoid erro, in all procedures including
limited to stccion listings and lease preparation. Lessor shall but net
net be liable for any Inconvenience or lean
c caused by e:rote which may occur. L ; shall notify Lessor irmiedintely upon distatery of any errors or
N
L tx discrepancy :hatever.
u . r AR[HAEC ' - Leash!, shall" Jot ckstrpy, disturb, cur, collect, move or alter any prehistoric or
te o f r res "rcea of any k.nd on Weld Gnarly •
J lands as pi-aided 'f7 lama, These »rourcH include but mare not'.linited to -11 artifacts of stone, wood or metal, pictographs, structures, and bones A discovery of •
} t a, en thin; of prehie tor', cr historic nature shall be r mated to ePo Lessor or the State of Coloradan P.r:hacd.ogfs iauoe9late:y.
-R. O IINIT:ONL - .
': . fa) "Ca," as used herein shall mean all t (comb s,.ible -red noncombustible), including but not
;. , limited to all gaseous hydrocarbons, gaseous compounds, carton dioxide, and helium. ,
(b) "Oil and gas" as used herein shall include all substances produced as by-products therewith, •
i'-, inc ludic; but not limited to sulfur,
at
(c) •'Paving cuautltfes" as used herein shall mesa anti refer to quantities of oil and mss or of either o' them sufficient to pay for the current cost of producing saes, '. 1 ' •
matt ,•r yr'1 n ,,1.n,na 1 vY
29. 1DEI! S Affi1"Ag5[ICNS --The benefits' lhf}bhligations of this less, shell inure to'slid '
the helm , le tat repreaentative s, rncceasocr ar aasfgns of Lessee; but no sublease or as bind tog upon
of any 1:aere: t herein, shall be binding wino Lessor until the same has been approved by Lenin? RI explained
in the A`SICtPENTS' paragraph peen ded.•
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'10. WARRANY CF TIT.E. - Lessor does not warrant title to the leased premises, but it ahal:
• requ^at, . 11ov Lessee access to such abstracts and other title papers as It has in its film —Seri
•
• be ro nh'igation on Leaso-'s part to purchase new or RuppleRestal or other title papers o dc
ccra,lye :o,-k in connection with title to the subject lands. All abstracts of.-title, r sea
• ^. ` •' acpplemen'arv, obtained by Lessee and cove-ing the subject land■ chili beton the proper ( f and t,
dell ere.I to lessor after Lessee has c:miple fed its title examination and curative work, subjec-, however, cc
tie sight of Lessee -'o u≤e such abstra--ti. upon request at any time during the ten of the Lear..
IN 'a-T:.TrS YfifERFOF, lessor has hereunto signed and caused its name to be signed by the hOAC) OF CO'.1c F
• c': o1ISSID:EPS OF TI' C0:^,7Y OF WELD, Litt) the seal of the office affixed, and Lessee has signed r:- a
are,.'men:. the day aId year first above vrl et•n.
BOARD OF COUNTY COW RS ISSIONE _
....i': WELD GOUTY, CCIARA
C, Wtee'° -- a •,
Y 1— iT/ WA.N\ <' V MI �Q ;O�ntfloiddc n. Berne er_ J ---. ._.. tryry[[e✓✓``''� (O
aQaft. f.,to the'Yf.a ,`I td O .
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r 1 T T- =at, NOLBURN ENERGY CCNPANY C o
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+. Nolan Ashburn, President -; w
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s Ali CF C1I.CRA:.O )
f ) SS * '
. ..'�.. C ., COMP' OF I'ELD ) to
Inn
he f,.rego:ng lnstruoent was acknow edgee before me this lot _ day of e0
•
_9_fi_"_ h! Nolan Ashb.+rn, President of Nolburn Energy Comp who d say that his ex—•
R+NY.
I , � ecuP:ion of said downe:,t was a free and voluntary act.
Fy "itn_rs my hand and official seal.
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f I ' 't `,'JP:! , - Notary Public / t •
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