HomeMy WebLinkAbout860244.tiff RESOLUTION
RE: APPROVE ADDITION OF VOLUNTARY POOLING CLAUSE TO LEASE WITH
CACHE EXPLORATION AND CONQUEST OIL COMPANY
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 lessor of a certain
lease covering mineral acres more particularly described as being
located in the N1 SEa and SE' SWo of Section 12 , Township 5 North,
Range 65 West of the 6th P.M. , Weld County, Colorado, recorded at
Book 1099 , Reception Number 02039432 , and
WHEREAS, Conquest Oil Company has submitted a request for the
addition of a Voluntary Pooling Clause to said Oil and Gas Lease,
said Pooling Clause being more particularly described in Exhibit
"A" , a copy of which is attached hereto and incorporated herein by
reference , and
WHEREAS, the Board deems it advisable to approve said
addition of a Voluntary Pooling Clause.
NOW, THEREFORE, BE IT RESOLVED by the Board of County
Commissioners of Weld County, Colorado , that the addition of a
Voluntary Pooling Clause submitted by Conquest Oil Company be, and
hereby is , approved.
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 26th day of
February, A.D. , 1986 .
_ A/ Gsv BOARD OF COUNTY COMMISSIONERS
ATTEST: Q� WELD COUNTY, COLORADO
Weld County Clerk and Recorder �� . _ �_...• \• �.��—
and Clerk to the Board J- que �e i• sin, Chairman
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9e072C-1 l�iC� "v ) Go •on t:yv a y, 'P
puty County Clerk
APPROVED AS TO FORM: Gene R. Bra ner
County Attorney
Frank Ya u
860244
L E cool CC. (?A Le C G ,y_, : fiit
Exhibit "A"
Lessee is hereby given the right at its option, at any time and from time to
time , to pool or unitize all or any part or parts of the above described land
with other land, lease, or leases in the immediate vicinity thereof, such
pooling to be into units not exceeding the minimum size tract on which a well
may be drilled under laws, rules, or regulations in force at the time of such
pooling or unitization: provided, however, that such units may exceed such
minimum by not more than ten acres is such excess is necessary in order to
conform to ownership subdivisions or lease lines. Lessee shall exercise said
option, as to each desired unit, by executing and recording an instrument
identifying the unitized area. Any well drilled or operations conducted on
any part of each such unit shall be considered a well drilled or operations
conducted under this lease, and there shall be allocated to the portion of the
above described land included in any such unit such proportion of the actual
production from all wells on such unit as lessor's interest, if any, in such
portion, computed on an acreage basis, bears to the entire acreage of such
unit. And it is understood and agreed that the production so allocated shall
be considered for all purposes, including the payment or delivery of royalty,
to be the entire production from the portion of the above described :Land
included in such unit in the same manner as though produced from the above
described land under the terms of this lease.
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WILLIAM G. CREWS
Oil and Gas
1223 28TH AVENUE, SUITE 2 (303)351-0733(GREELEY)
GREELEY,COLORADO 80631 (303)659-7710 (DENVER)
February 24, 1986
Mr. Tom David
County Attorney
Weld County
Centennial Building
Greeley, CO 80631
Dear Tom:
RE: Conquest Oil Company
Lease Amendments
Attached is a pooling clause which urgently needs to be made a part of the
following two leases from Weld County covering small tracts:
o°l) 1. Oil & Gas Lease dated 9/9/85, recorded in Book 1084 under Rec. No.
L1" a 2024482, to St. Michael Exploration Company, covering small parcels
° in the NW%NW1/4-19-6N-65W.
2. Oil & Gas Lease dated 12/19/85, recorded in Book 1099 under Rec. No.
2039432, to Cache Exploration, Inc. , and Conquest Oil Company, covering
, small parcels in the NIISE1/4 & SE1/4SWi-12-5N-65W.
I enclose a copy of the Declaration of Pooling executed and recorded in connec-
tion with the Conquest Monfort #11-19 well, for which the County has already
received Division Orders. We need for the County to adopt, ratify and confirm
this Declaration (effective as of the date of first production of said well
located in the NW%,NW4 of 29-6N-65W) after amending the Lease to provide for the
inclusion of the pooling clause.
We will go over the other problem clauses during the work session on March 10.
The above matters, however, are in need of the Board's immediate attention.
Therefore, your prompt submission of the above to the Board will be sincerely
appreciated.
Regards,
William G. Crews
Agent for Conquest Oil Company
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enclosures 2,6
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