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HomeMy WebLinkAbout860301.tiff RESOLUTION RE: APPROVE OIL AND GAS DIVISION ORDER FROM COORS ENERGY COMPANY, P.O. BOX 467 , GOLDEN, COLORADO 80402 , 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 St. Michael Exploration Company, and WHEREAS, said lease covers land more particularly described as follows : Township 6 North, Range 65 West 6th P.M. Section 22 NE/4 Weld County, Colorado WHEREAS , Coors Energy Corporation 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 Coors Energy Company , P.O. Box 467 , Golden, Colorado 80402 , 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. 860301 Page 2 RE: DIVISION ORDER - COORS The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 26th day of March, A.D. , 1986 . �f BOARD OF COUNTY COMMISSIONERS ATTEST‘:111011"^-67 . WELD COUNTY, COLORADO • Weld County Clerk and Recorder and Clerk to the Board Ja gue)Y o: • .n r hairman • G.. d, ' r. .cy, '."':--.m eputy County lerk EXCUSED APPROVED AS TO FORM: Gene �fR. Brantner CV W"r ��--4 C.W. iY / County Attorney � ei-7 n eA Fr nk Yamaguc 860301 OIL AND GAS WELD g� _, D I V I S ION ORDER {'• 'Y envy, 0 a ,Fre TO: COORS ENERGY COMPANY ("Coors") Well(s) : ��1 B Iltg a}22 P.O. Box 467 Golden, Colorado 80402 Division Ey, c , Order No. : EG-066522-3r- AR204?901 Each of the undersigned owners ("Owners") does hereby certify and warrant that he is the legal owner of the interest set opposite his name on the attached Exhibit "A" in all oil, gas, casinghead gas, condensate and other hydrocarbons ("Oil & Gas") or the proceeds from the sale thereof produced from and/or allocated to the lease, unit or participating area covering the following-described lands in Weld County, o U Colorado, to wit: O c Township 6 North. Range 65 West. 6th P.H. Section: 22 NE/4 Containing 160.00 acres more or less oW BUT ONLY INSOFAR AS OIL & GAS PRODUCED FROM THE CODELL AND NIOBRARA W FORMATION(S) IS CONCERNED. Q pCommencing at 7:00 a.m. on February 1, 1986 and until further • written notice has been received by Coors at the above address or sent by o ca Coors to the Owners at the address entered under each Owner's signature, Coors is authorized to receive, purchase and/or sell and account for Oil .. w v x & Gas produced from and/or allocated to the above-described lands. Coors • shall give credit for proceeds of such Oil & Gas in the proportions set • forth on the attached Exhibit "A", subject to the following terms and ko 0o u conditions: r2 N H 1. The Oil & Gas purchased and/or sold hereunder shall become the m H property of Coors upon delivery to it or to the purchaser or pipeline o % designated by Coors. W o W 2. Settlements for Oil (including condensate) purchased and/or o�' sold hereunder shall be at the price received by Coors, or if purchased o z by Coors then at the posted per barrel price for similar oil for the N FC field where produced in effect on the date Oil is run from the lease >, tanks, after deducting charges for transporting Oil, costs incurred to w a make Oil merchantable and any severance, ad valorem, windfall profit gand/or other taxes thereon. r N O CO 3. Settlements for Gas (including casinghead gas) purchased and/or sold hereunder shall be at the price received by Coors or if purchased by M [1, Coors, then at the price prevailing in the same area where produced, after deducting charges for transportation, costs incurred in making Gas merchantable (including compression, if necessary) and any severance, gross production, ad valorem or other taxes thereon; provided that, settlements shall in no event be at a price in excess of the maximum price authorized by the Federal Energy Regulatory Commission or other governmental authority. 4. Settlements shall be made monthly by mailing a check to the respective Owners; provided that, if less than Twenty-five Dollars ($25.00) is payable to an Owner, Coors may defer settlement to that Owner until Twenty-five Dollars ($25.00) or more is payable. 5. If the above-described lands are committed to a federal exploratory unit, then Coors shall be entitled to adjust settlements to the Owners in accord with revisions of the participating area approved by the Bureau of Land Management without requiring execution of additional Division Orders. 6. If all or any portion of the above-described lands are included within a pooled unit, now or hereafter formed or revised, then it is agreed that this Division Order shall be subject to such pooled unit and 03-21-86 S3 rr4S"1 ( OOO So DIVISION ORDER NO. : EG-066522-31 WELL NAME(S) : Mel Bickling 31-22 PAGE 2 OF 2 that settlements shall be made in accordance with production allocated to that portion of the above-described lands included within the pooled unit without requiring execution of additional Division Orders. o 7. Should any sums be due or owing to Coors from a working interest owner who signs this Division Order, Coors is authorized to N 0 withhold any sums payable to said working interest owner under this v Division Order and to offset and apply those pp y sums payable which are ca withheld to the sums due or owing to Coors, without liability for a o interest upon or damages due to any such good faith offset and 03 application which proves to be in error. This offset shall not be deemed m w an election of remedies and shall not prejudice in any way the rights or remedies of Coors against said working interest owner. 0 8. Coors shall have no responsibility for determining if or when N w the interest of any Owner hereunder has been increased, decreased, s terminated or transferred. Each of the undersigned Owners agrees that ms, a4 any said change shall not be effective until the first day of the month ~ rx after Coors is furnished with appropriate Transfer Orders and proof k a satisfactory to Coors evidencing such change. Each Owner agrees to co O notify Coors in writing of any such change affecting his interest and N Z shall indemnify and hold Coors harmless from any loss, liability, cost or W expense which it may incur from incorrect payment due to failure to so M E+ notify Coors. (Dim 9. Satisfactory evidence of title shall be furnished to Coors at o any time upon demand. In the event of an adverse claim or dispute affecting title to any interest hereunder, Coors may withhold, without ▪ Z 2 interest, payments to the parties whose interests are affected until N 4 indemnity satisfactory to Coors has been furnished or such adverse claim O or dispute is resolved to the satisfaction of Coors. w Cx 10. This Division Order shall become valid and binding on each N w Owner as soon as signed by said Owner regardless of whether or not any of 0 M the other Owners have signed and shall be binding severally, and not jointly, upon each of the signatory Owners, and his respective heirs, m w successors and assigns. SIGNA 'U1t*I ,WJTNEBS SIGNATURE OF OWNER SOC. SEC. NO. OR 7 \ TAX I.D. N0. T ATTES 84-6000-813 air n card of Count Commissioners MAIL CHECKS TO THE FOLLOWING ADDRESS: Board of County Commissioners P.O. Box 758 Greeley, CO 80632 Please sign your name exactly as it appears on Exhibit "A", have your signature witnessed, enter your Social Security No. or Taxpayer Identification No. and PRINT your name and the address to which you would like your checks sent. 03-21-86 Exhibit "A" Division Order No. EG-066522-31 Well: Mel Bickling 31-22 DIVISION OF CREDIT TO INTEREST . O o U 0 ROYALTY INTEREST OWNERS ri O U a o Florence F. Bickling .02042200 o a v}A James Spencer Bickling .00255270 John Daniel Bickling .00255270 rota Margaret Ruth Bickling .01021100 • w a "'' x Melvin T. Bickling .02042200 Lc) U Estate of Herbert C. Bickling .02042200 H Estate of Mary F. Koeneman .02042200 nW 0 a Becky Jane Hamilton .00255280 w o W Sharon F. Heinz .00255280 rnw z The New Cache La Poudre Irrigating Company .00127270 0 N R' o Clara J. Stoffregen .03063300 Ua Weld County, Colorado Board of County Commissioners .00119530 Nrn ow re)el el OVERRIDING ROYALTY INTEREST OWNERS Pq W Wally Bakken .00326750 John G. Brant, Trustee of Doussard, Brant, .00241830 Hodel and Markman Profit Sharing Trust under agreement dated August 6, 1982. Chris L. Christensen, Jr. .00326750 C. A. Patchen .00163370 Theodore D. Sheldon .01812120 Charles E. Tatham III .00221410 Judene M. Tatham .00221410 Weeks Energy Minerals Corp. .00392110 03-21-86 Exhibit "A" Division Order No. EG-066522-31 Well: Mel Bickling 31-22 Page 2 of 2 WORKING INTEREST OWNERS William H. Butler .02998010 Coors Energy Company .19986670 oV Larry Grace .03997350 <r0 V H & C Colton Company A .00565280 oz H & I Investments, Ltd. .09993340 m W SBH Financial Corporation .04279985 0 St. Michael Exploration Com pany .25265985 oz J. Cleo Thompson & James Cleo Thompson, Jr. , .03997350 `” ,n a partnership ~W Vince Allen XI 81 Program, Ltd. .09993340 1/40a c O Frank Wilson .01695840 r-- z N H M MF O C a oW Cfl N k n z o oz N O UW W rz N O 0 C '-I M N N W 03-21-86 6'"' O01 Hello