HomeMy WebLinkAbout860406.tiff RESOLUTION
RE: APPROVE OIL AND GAS DIVISION ORDER FROM BARRETT ENERGY
COMPANY, 1125 17TH STREET, SUITE 2100 , DENVER, COLORADO
80202 , 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 Aeon Energy Co. , and
WHEREAS , said lease covers land more particularly described
as follows:
Township 2 North, Range 64 West, 6th P.M.
Section 13: N/2
Weld County, Colorado
WHEREAS , Barrett Energy 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 Barrett Energy Company, 1125 17th
Street, Suite 2100 , Denver, Colorado 80202 , 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.
860406
/ /0007 eg.
Page 2
RE: DIVISION ORDER - BARRETT ENERGY COMPANY
The above and foregoing Resolution was , on motion duly made
and seconded, adopted by the following vote on the 28th day of
April, A.D. , 1986.
BOARD OF COUNTY COMMISSIONERS
ATTEST: ( awvt.;tallatetni WELD COUNTY, COLORADO
Weld County Clerk and Recorder �on ,mGCh�
and Clerk to the Board ,_Jcqu ' e airman
SYY p 67Yv1'1y 1-Le J Go�7 a yV:J;• Tern
e ut County C�
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APPROVED AS TO FORM: ene R. Braner
County Attorney iG�Frank Yama#74111;
i
860406
OIL AND GAS DIVISION ORDER
WELL NAME: ARNOLD #1 DIVISION ORDER #213
DATED: April 7, 1996
AR2051475 EFFECTIVE DATE: As of date of
first production from the
Arnold #1 Well
TO: Barrett Energy Company
1125 17th Street
Suite 2100
Denver, Colorado 80202
Each of the undersigned, for himself, his heirs, successors and assigns,
guarantees and warrants to Barrett Energy Company (hereinafter referred to as
"Barrett"), that he is the legal owner of the interest, as set opposite his name
below, in the proceeds from all oil and natural gas which may be produced from
or allocated to the premises located in the County of Weld, State of Colorado,
and more particularly described as follows:
Township 2 North, Range 64 West, 6th P.M.
Section 1S: N/2
Ccnnencing on the effective date hereof, and until further written notice from
Barrett or the undersigned, Barrett is hereby authorized to take and receive all
oil, condensates and natural gas which may be hereinafter produced from the
premises, and, subject to the other terms and conditions hereof, to give credit
therefor to the undersigned in accordance with the division of interest as shown
below:
CREDIT 'IC) DIVISION OF INTEREST . , MAILING ADDRESS
DECIMAL X PERCENT
Weld County, Colorado, a .0005664 RI 915 Tenth Street
political subdivision of ( .125 x 1 x 1 .45 _ 320) Greeley, (X)
The State of Colorado, by 80631
the Board of County Com-
missioners
With respect to this division order, the following covenants are binding
upon the undersigned, their successors, legal representatives and assigns:
1. Oil ( including crude oil and condensate) shall become the property of
the purchaser thereof (the "Purchaser") , as designated by Barrett, upon its
actual delivery f.o.b. to Purchaser or into any facility or pipeline designated
by Purchaser, and settlements to the undersigned shall be based upon the net
price received therefor from Purchaser. Oil shall be graded and measured in
accordance with applicable rules and regulations or standards generally accepted
in the industry and Purchaser may refuse to receive any oil not considered
merchantable by Purchaser.
2. Gas produced from the premises, including casinghead gas, shall be
delivered to and beaane the property of Panhandle Eastern Pipe Line Company
("Panhandle" ) pursuant to Gas Purchase Agreement dated April 21 , 1981 between
Barrett Energy Company, successor to William J. Barrett, and Panhandle (the
"Agreement") , including any modifications and amendments thereto, for so long as
the Agreement remains in force and effect with respect to the premises.
Settlements to the undersigned shall be based upon the terms, conditions and
prices as set forth in the Agreement, less any costs of treatment, compression,
transmission or dehydration.
3. Settlements to the undersigned, after deducting any severance,
occupation or other tax imposed by law, shall be made monthly in accordance with
the division of the interest set forth above by mailing the check of Barrett to
each of the undersigned at the address designated above.
4. Oil and gas produced from the premises is or may be subject to
regulation by certain governmental authorities which may vary the terms of any
agreement for the production or sale thereof. To the extent that such regula-
tory powers are exercised so as to modify or change any existing sales or
B 1110 REC 02051475 04/28/86 14: 28 $0. 00 1/002 r r.-., �,,��,
F 1926 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO °'
9
WELL NAME: ARNOLD #1 DIVISICN ORDER #213
DATED: April 7, 1986
production agreements with respect to oil or gas produced fran the premises, the
provisions of such agreements as well as the provisions hereof, shall be
modified accordingly.
5. Should it be determined from time to time, by any court or govern-
mental agency having jurisdiction, that the prices being paid to Barrett and the
amounts being disbursed to the undersigned are in excess of lawful prices and a
refund required, the undersigned agree to promptly refund such excess amounts so
paid. Barrett shall have the option, but not the duty, to recover such excess
amounts out of settlement amounts to which the undersigned would otherwise be
entitled.
6. In the event that the premises described above, or any part thereof,
is included in one or more units now or hereafter formed by order of any
appropriate governmental authority, by agreement, or otherwise, the undersigned
and Barrett recognize and agree that settlement for oil and gas shall be made in
accordance with the production allocated to the premises above described without
the necessity for the execution of additional or supplemental division orders.
To the extent that the premises as described above constitute a previously
unitized area, the same is hereby ratified.
7. Each of the undersigned shall notify Barrett of any change in the
ownership of his interest and Barrett shall not be liable for nor shall Barrett
be required to recognize any change in ownership unless and until Barrett shall
actually receive a certified copy of the instrument changing such interest and
the transferee thereof executes and returns to Barrett such transfer or division
order as Barrett may reasonably require. In no event shall Barrett be required
to give effect to any change of interest of the undersigned prior to 7:00 A.M.
of the first day of the calendar month next following in the month in which
Barrett is notified of such change, regardless of the effective date of the
instrument changing such interest.
8. Barrett or any other Purchaser or carrier designated by Barrett to
receive oil or gas produced from the premises shall have the right at any time
to assign and transfer their or its respective interests and rights hereunder,
in whole or in part, whether then contingent or accrued.
9. The provisions hereof shall be binding upon each of the undersigned as
soon as signed by him, shall apply to each of the undersigned separately and not
jointly, and shall inure to the benefit of Barrett and the undersigned, their
respective heirs, successors, administrators and assigns. No change in owner-
ship of any interest herein described shall have the effect of changing the
binding nature hereof. This instrument may be executed in counterparts, and all
counterparts, if executed, shall be considered to be one instrument.
WHEREFORE the undersigned have executed this Division Order on the 28th
day of April , 1986, in acknowledgement and consent to the aforeq ioYnq
terms, warranties and agreements. '
ATTEST:
WTINE BES: UNDERSIGNED
WELD COUNTY, COLORADO, A POLITICAL SUB-
/� ''� DIVISION OF THE STATE OF COLORADO, BY
b ,
4 THE BOARD OF COUNTY COMMISSIONERS
/DeOut& COun+ty 'C. effk
y^" Title Chairman
TAX ID NUMBER: 84-6000-813
B 1110 REC 02051475 04/28/86 14: 28 $0. 00 2/002
F 1927 MARY ANN FFUERSTEIN CLERK & RECORDER WELD CO, CO
- 2 -
Barrett Energy Company
A wholly-owned subsidiary of Barrett Resources Corporation
1125 17th Street • Suite 2100• Denver, Colorado 80202 • (303)297-3900
/
April 10, 1986 APR 1 41986
GREELEY, COLO.
Weld County, Colorado, a
political subdivision of
The State of Colorado
915 Tenth Street
Greeley, Colorado 80631
Re: Arnold #1 Well
N/2 Section 13, T2N-RF4W
Weld County, Colorado
Gentlemen:
Enclosed is the Oil and Gas Division Order, in duplicate, for your share of
proceeds of production from the well listed above. The Arnold #1 is a "J" Sand
well and the spacing unit is the N/2 of Section 13, Township 2 North, Range 64
West, which contains 318.55 acres, more or less.
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, make the necessary correction on the Division Order
itself before returning it to this office. However, if your decimal interest is
incorrect, contact this office immediately. If your Division Order is accurate,
please sign and date both copies and have your signature witnessed by two
people. Return one fully executed copy to us at the following address:
1125 Seventeenth Street, Suite 2100
Denver, Colorado 80202
and retain the additional copy for your records. Our accounting department will
issue checks monthly upon receipt of your fully executed division order. Checks
are normally mailed out from the 15th to the 20th of the month.
Thank you.
Very truly yours,
BARRETT ENERGY COMPANY
At,,,..„ph P a -
Joseph P. Barrett N'>, kts
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enclosures
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