HomeMy WebLinkAbout861260.tiff RESOLUTION
RE: APPROVE OIL DIVISION ORDER FROM THE PERMIAN CORPORATION, P.O.
BOX 1183 , HOUSTON, TEXAS 77251-1183 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: NW4 SE4
Weld County, Colorado
WHEREAS, The Permian Corporation 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 The Permian Corporation, P.O. Box 1183 ,
Houston , Texas 77251-1183 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.
� te,( 861260
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Page 2
RE: DIVISION ORDER - PERMIAN CORPORATION
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 31st day of
December, A.D. , 1986 .
BOARD OF COUNTY COMMISSIONERS
ATTEST: ac? ( kviA; ‘, WELD COUNTY, COLORADO
Weld County Clerk and Recorder
and Clerk to the Board Ja que 'ne J.jsj Chairman
IC-I1r77 Li t_aJ4cticA Go {s' _I .- em
puty Counterk
// EXCUSED
APPROVED AS TO FORM: Gene R. Brantner e>574County Attorney
:ã(v7e-
861260
AR2062715
THE IDErM1AN CORIJORATIC%
DIVISION ORDER
Lease No. 041997 December 17 lg 86
TO THE PERMIAN CORPORATION, P. O. BOX 1183, HOUSTON, TEXAS 77251-1183
The undersigned, and each of us, certify and guarantee that we are the legal owners of and hereby warrant the title to our
respective interests as set out below in all oil produced from all wells on the
Cache Exploration, Inc. - CEI—Law #1
Weld Colorado
farm or lease, located in Count State of
Y, _ , more particularly described
as follows:
Township 5 North, Range 65 West
Section 12: NW/4 SE/4
Weld County, Colorado
B 1140 REC 02082795 12/31/86 13: 46 $0. 00 1/003
F 1962 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
1st November 86
and commencing at 7 A.M., the day of 19 , and until further written notice either from
you or us you are authorized to receive oil therefrom, purchase it and pay for it as follows:
DIVISION OF
CREDIT TO INTEREST POST OFFICE ADDRESS
ROYALTY INTEREST
Gerrie Bishop .0107486 R.I.
Roy C. Bishop .0107486 R.I.
Marlyn J. & Christine Johnson .0238857 R.I.
Federal Land Bank of Wichita
a/c Harold W. & Betty Law .0149286 R.I.
Francis M. Loustalet .0645005 R.I.
Gary H. Loustalet .0023826 R.I.
Wade A. Loustalet .0023826 R.I.
Warren H. Loustalet .0191176 R.I.
Gerald L. & Jan Marble, J/T .0238857 R.I.
Ardith Loustalet Simons .0023826 R.I.
Weld County, Colorado .0093598 R.I.
OVERRIDING ROYALTY INTEREST
David W. Law .0080614 O.R.I.
Sandy Law .0080614 O.R.I.
Cache Exploration, Inc. .0195543 O.R.I.
WORKING INTEREST
CEI-Law No. 1 Joint Venture . 7800000 W.I.
MAKE SURE YOUR CORRECT MAILING ADDRESS IS SHOWN ABOVE
��
Form 259 Rev.4-1-63 �.: '_? "- +.;31
The following covenants are also parts of this division order and shall be binding on the undersigned, their heirs, devisees,
successors, legal representatives and assigns.
FIRST: The oil received and purchased hereunder shall become your property as soon as the same is received into your
custody, or that of any pipe line company or carrier designated by you, and the undersigned agree to look solely to you for
payment of oil purchased hereunder and shall have no claim or recourse against any subsequent purchaser of said oil.
SECOND: The oil received and purchased hereunder shall be delivered F. O. B. to any pipeline or carrier designated
by you which gathers and receives said oil, and you shall pay for such oil to the respective owners according to the division
of interest above set forth at the same price per barrel received by the operator of the lease covered by this division order.
The word "oil" used herein shall mean crude oil and condensate (or distillate) delivered hereunder.
THIRD: Quality and quantity shall be determined in accordance with the conditions specified in the purchase agree-
ment with lease operator. The oil shall be steamed when necessary to make merchantable and you may refuse to receive
any oil not considered merchantable by you.
FOURTH: Settlements and payments shall be made monthly by check mailed from your office to the respective parties
at the addresses above given, for the amount of such purchase price due said parties, respectively, less any taxes required
by the law to be deducted and paid by you as purchaser.
FIFTH: Abstracts and other evidence of title satisfactory to you will be furnished to you at any time on demand. In the
event of failure to so furnish such evidence of title, or in the event of any dispute or question at any time concerning title
to the above lands, or the oil produced therefrom, you may hold the proceeds of all oil received and run, without interest,
until indemnity satisfactory to you has been furnished or until such dispute or question of title is corrected or removed to
your satisfaction. And in the event any action or suit is filed in any Court affecting title either to the real property above
described or to the oil produced therefrom in which any of the undersigned are parties, written notice of filing of such
action shall immediately be furnished you by the undersigned, stating the Court in which the same is filed and
the title of such action or suit, and you or any carrier transporting oil for your account shall be held harmless from
any judgment rendered in such suit and all reasonable costs and expenses incurred in defending against said claim, whether
in your defense or in the defense of the carrier transporting oil for your account, and the undersigned shall pay said judg-
ment and said costs and expenses.
SIXTH: The undersigned severally shall notify you of any change of ownership, and no transfer of interest shall be
binding upon you until a transfer order and the recorded instrument evidencing such transfer, or a certified copy thereof,
shall be furnished to you. Transfers of interest shall be made effective not earlier than the first day of the calendar month in
which notice is received by you. You are relieved hereby of any responsibility for determining if and when any of the in-
terests hereinabove set forth shall or should revert to or be owned by other parties as a result of the completion or discharge
of money or other payments from said interest and the signers hereof whose interests are affected by such money or other
payments, if any, assume said responsibility and shall give you notice in writing by registered letter addressed to you at
the above address, when any such money or other payments have been completed or discharged or when any other division
of interest than that set forth above shall, for any reason, become effective and to furnish transfer orders accordingly, and
that in the event such notice shall not be received, you shall be held harmless in the event of, and are hereby released from
any and all damage or loss which might arise out of any overpayment.
SEVENTH: This division order shall become valid and binding on each and every owner above named as soon as signed
by him or her regardless of whether any of the other above named owners have so signed; and in consideration of the pur-
chase of oil hereunder, consent is given hereby to you and any pipe line company which you may cause to connect with the
wells or tanks on said land, to disconnect and remove such pipe lines. in case of termination by either you or us of purchases
under this division order.
EIGHTH: Working interest owners and operators who sign this division order, and each of them, guarantee and warrant
for your benefit and that of any pipe line or other carrier designated by you to run or transport said oil, that all oil tend-
ered hereunder has been and will be produced and handled in compliance with the Fair Labor Standards Act of 1938, and
any amendments thereto, and all other federal, state and municipal laws, rules and regulations.
IN ACCORDANCE WITH FEDERAL LAW, PLEASE INDICIATE YOUR SOCIAL SECURITY
OR IDENTIFICATION NUMBER BELOW:
if
'fF+4' '
♦/ L)
A,t . ' 4S O1 )?NATURES
r OWNERS SIGN BELOW
- • Board of County Commissioners
ATTEST: ^^
Weld County. Colors o
By•
Deputy C tr Cle By
ai n moo_
P.O. Box 758
Greeley. CO 80632
84-6000-813
Tax Identification Number
BE SURE YOUR SIGNATURE IS WITNESSED AND YOUR CORRECT ADDRESS IS SHOWN
ri
•
B 1140 REC 02082795 12/31/86 13:46 $0. 00
•
F 4/00a
•
MARY F'�' FEUERSTEIN CLERK & RECOP R WELD CO, CO
THE PERMIAN CORPORATION
2500 CITYWEST BOULEVARD 713/787.2500
P.O.BOX 1183 HOUSTON, TEXAS 77251-1183
TELEX' 324-942
PERM CORP HOU LID
December 17, 1986
Re: Lease No. 041997 - Cache Exploration, Inc. - CEI-Law #1
Dear Interest Owner:
This is to advise that effective November 1, 1986 you will receive
payment for your interest in the captioned lease directly from The
Permian Corporation rather than Asamera Oil, Inc.
Enclosed please find The Permian Corporation's form of division order.
If this instrument meets with your approval, we request that you exe-
cute one copy in accordance with the attached instructions and return
it to this office for further processing. If the executed division
order is received in this office within 90 days there will be no inter-
ruption in payment; provided production is purchased from the above
referenced lease and your account is credited with $25.00 or more.
For the working interest ownership, we have enclosed an IRS Form 6458
Certification and Election Form in the event your interest qualifies
for a reduced tax rate or exemption. If applicable, please complete
the appropriate section(s) and return it to this office.
Thank you for your cooperation.
Yours very truly,
THE PERMIAN CORPORATION
OR '
*gad-, !C 2neei6
Ruby TTT Vincent
RV/agk
Enclosure
,2 , 1/
•
INSTRUCTIONS TO ALL INTEREST OWNERS
Read Carefully Before Signing The Instrument
This instrument should not be altered in any way unless accompanied by documentary
evidence to support the change.
If your name and interest are correctly shown:
Signature: Sign name as shown on the instrument. Have your signature witnessed by at
least one person not related to the party signing.
If signing for a corporation, signature must be attested, corporate seal
affixed, and title of signatory party shown. If not previously furnished, a
certified copy of authority of executing officer must be submitted.
If signed for a partnership, all partners must sign unless signed by an author-
ized partner and we are furnished a certified copy of his authority.
Signature by If the instrument is signed by agent, attorney-in-fact,guardian,estate repre-
Second Party: sentative, trustee or any party other than the named interest owner, we
must have evidence of the rights vested in the signatory party.
Taxpayers Identification Insert your number in the space provided.
Number or Social
Security Number:
Mailing Address: Indicate,in the space provided,the address to which checks are to be mailed.
Print or type. Do not abbreviate. If you are already receiving checks from
this company, be sure to use the same address to which we are now mailing
checks.
Lease Number: On the third line of the instrument you will find the number assigned to
this lease. This number will appear on the statement attached to your check
and should always be used when corresponding with this company.
Change of Address: You should notify us promptly of any change in your mailing address.
This notice must be over your own signature, or the signature of your
appointed agent. Always include your Owner Number (which appears on
your check from this company) and your old address, then state your new
address with zip code.
RETURN THE EXECUTED INSTRUMENT WITHOUT DELAY TO THE ADDRESS
BELOW. KEEP ONE COPY FOR YOUR RECORDS.
The Permian Corporation
a"F'" Attention: Division Order Department
�r,.v�„ �>• P. O. Box 1183 t
Houston, Texas 77251-1183
PC-127 (3-85)
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