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HomeMy WebLinkAbout861195.tiff RESOLUTION RE: APPROVE QUIT CLAIM DEED AND DISCLAIMER TO LEAH FAHRENBRUCH ALLES, ET AL. 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 , the Board has been presented with a Quit Claim Deed and Disclaimer, quit claiming certain property to Leah Fahrenbruch Alles, et al. , and WHEREAS, said Quit Claim Deed and Disclaimer concerns the oil, gas and other minerals in and under property described as follows: A strip of land thirty (30) feet wide off the North side of the Northeast Quarter of the Northwest Quarter (NE/4 NW/4) of Section Twenty-three (23) , Township Six (6) North, Range Sixty-six (66) West of the Sixth Principal Meridian, Weld County, Colorado. WHEREAS, after study and review, the Board deems it appropriate to approve and execute said Quit Claim Deed and Disclaimer, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Quit Claim Deed and Disclaimer between Weld County and Leah Fahrenbruch Alles, et al. be, and hereby is, approved , said document to be recorded in the office of the Weld County Clerk and Recorder. / ] =' � 861195 Page 2 RE: QUIT CLAIM DEED - ALLES, ET AL. The above and foregoing Resolution was, on motion duly made and seconded , adopted by the following vote on the 15th day of December, A.D. , 1986. t�j BOARD OF COUNTY COMMISSIONERS ATTEST �ua arWELD COUNTY, COLORADO Weld County Clerk and Recorder �__, , „ ��� •;, and Clerk to the Board a •ue &•n; J--� -on_ hairman , l B CM.--nt../ i Ockte-scet) G• ;�!` // �R'c ! j�-Tem Leputy County Clerk / APPROVED AS TO FORM: Gene R. R. Bran ,`nerr C.W. - r��F�a% C—-—L�A /�%�sz'" County Attorney �� Fra k ama bhi 861195 QUIT CLAIM DEED and DISCLAIMER 4/c THIS INSTRUMENT, made this 15th day of December, 1986, by and between WELD COUNTY, COLORADO, a political subdivision of the State of Colorado, o U acting by and through the Board of County Commissioners of the County of Weld, el 0 whose address is c/o Board of County Commissioners, Weld County Centennial ▪ Center, 915 10th Street, Greeley, Colorado 80631, party of the first part, and W O 3 LEAH FAHRENBRUCH ALLES, HERMAN RAYMOND ALLES, and FLORENCE McWILLIAMS, as o a in-W1 Trustees of the Leah Fahrenbruch Alles Trust dated February 28, 1977; HENRY 0 ALLES, HERMAN RAYMOND ALLES and FLORENCE McWILLIAMS, as Trustees of the Henry a Alles Trust dated February 28, 1977; and HERMAN RAYMOND ALLES, ELMIRA ALLES W DUMLER, FLORENCE ALLES McWILLIAMS and SHIRLEY ALLES HARDING, c/o Herman 1/4O Raymond Alles, 22630 Weld County Road 54, Greeley, Colorado 80631, parties of N z ✓ H �W the second part, F+ N U] 0° W WITNESSETH, That the said party of the first part, for and in ow 0 2 consideration of the sum of Ten Dollars ($10.00) to the said party of the • fr U a first part in hand paid by the said parties of the second part, the receipt a Z whereof is hereby confessed and acknowledged, has remised, disclaimed, rn � • M conveyed and QUIT CLAIMED, and by these presents does remise, disclaim, convey .- W G. and QUIT CLAIM unto the said parties of the second part, their heirs and assigns forever, and in the following proportions, to-wit: LEAH FAHRENBRUCH ALLES, HERMAN RAYMOND ALLES and FLORENCE McWILLIAMS, as Trustees of the Leah Fahrenbruch Alles Trust dated February 28, 1977 — an undivided 1/10th interest; HENRY ALLES, HERMAN RAYMOND ALLES and FLORENCE McWILLIAMS, as Trustees of the Henry Alles Trust dated February 28, 1977 — an undivided 1/10th interest; HERMAN RAYMOND ALLES — an undivided 2/lOths interest; ELMIRA ALLES DUMLER - an undivided 2/lOths interest; FLORENCE ALLES McWILLIAMS - an undivided 2/lOths interest; SHIRLEY ALLES HARDING - an undivided 2/10ths interest, PURPOK i LL UJ all of the right, title and interest, claim and demand which the said party of the first part has in and to all of the oil, gas and other minerals in and under and that may be produced from the following described lands situated in WELD COUNTY, STATE OF COLORADO, to-wit: A strip of land thirty (30) feet wide off the North side of the Northeast Quarter of the Northwest Quarter (NE/4 NW/4) of Section Twenty-three (23) , Township Six (6) North, Range Sixty-six (66) West of the Sixth Principal Meridian, together with the right of ingress and egress at all times for the purpose of mining, drilling, exploring, operating and developing said lands for oil, gas and other minerals, and storing, handling, transporting and marketing the same therefrom. It is however specifically stated, understood and agreed by said party of the first part and parties of the second part, that the execution, granting and delivery of this instrument shall not in any way cover, include or affect any rights which the party of the first part has in and to the surface of the land described herein. TO HAVE AND TO HOLD THE SAME , Together with all and singular the appurtenances and privileges hereunto belonging or in anywise appertaining and all the estate, right, title, interest and claim whatsoever of the said party of the first part in law or equity, to the only proper use, benefit and behoof of the said parties of the second part, their heirs and assigns forever as to the rights herein remised, disclaimed, conveyed and quit claimed. IN WITNESS WHEREOF, party of the first part has hereunto signed and caused its name to be signed by the BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF WELD, with the seal of the office affixed, on the day and year first above written. BOARD OF COUNTY COMMISSIONERS /,/`�� WELD COUNTY, COLORADO yT lRMA?Q/ lk LO By: By:,- (Seal) By: Weld County Clerk and Recorder By: and Clerk to the Board By: JJ /-ret, BELLWETHER EXPLORATION COMPANY October 20, 1986 Board of County Commissioners Weld County Centennial Center 915 Tenth Street Greeley, Colorado 80631 ATTN: Mr. Tom David Attorney RE: North 30 ft. of E/2 NW/4, Section 23-T6N-R66W Weld County, Colorado Alles #1-23 and #2-23 Wells BEC Windsor PRospect #CO-011 Well Nos. 340 & 407 Gentlemen: Bellwether Exploration Company has drilled and completed both the Alles #1-23 Well (NE/4 NW/4) and Alles #2-23 Well (SE/4 NW/4) on the E/2 NW/4 Section 23, Township 6 North, Range 66 West, Weld County, Colorado. Drilling Title Opinion rendered February 21 , 1986, by Cogswell and Wehrle required Bellwether, as Operator, to obtain either a "Protection Lease" or "Mineral Quit Claim Deed" from Weld County covering the above captioned lands (see Attachment I. hereto). On March 24, 1986, Bellwether obtained the "Protection Lease" from Weld County, Colorado (see Attachment II.). Mr. D. L. Percell, who negotiated the lease on our behalf, reported Weld County would execute the necessary Quit Claim and Disclaimer at the time division order title was rendered, in order to completely clear the title as to the North 30 feet of the E/2 NW/4 Section 23-T6N-R66W. Division Order Title was rendered September 24, 1986, also by Cogswell and Wehrle. Curative requires (see Attachment III.) Weld County now issue the said Quit Claim and Disclaimer to the appropriate mineral owners (Leah Fahrenbruch Alles, et al). For your perusal and per your instructions, please find enclosed photocopy of the Quit Claim Deed from G. W. Deffler to Weld County, dated August 14, 1893 (Attachment IV. ) , together with Bellwether' s Oil & Gas Division Order for the two Alles wells (Attachment V.). The Division Order shows Weld County and the other mineral owner interests in "suspense", pending receipt of Weld County's Quit Claim. 600 Seventeenth Street Suite 400-N Denver, Colorado 80202 (303) 623-1067 E611S5 Board of County Commissioners October 20, 1986 Page 2 Also enclosed, please find duplicate original of the title curative instrument "Quit Claim and Disclaimer" between Weld County and Leah Fahrenbruch Alles, et al (Attachment VI.). If you concur with the Cogswell and Wehrle title requirements and approve the "Quit Claim and Disclaimer", please execute the Disclaimer in duplicate, having it properly acknowledged, and thereafter record the original and return it to Bellwether Exploration for our further handling. Please do not hesitate to contact the undersigned at the letterhead phone, should you have any questions or discussion regarding this matter. We look forward to your prompt handling. Thank you. I am, Very truly yours, BELLWETHER EXPLORATION COMPANY Lynda C. Whipple Landman LCW/cb Attachments kjr% I Uo I-I fi (C- COGSWELL AND WEHRLE Attachment I . Bellwether Exploration Company February 21, 1986 Page 11 Requirement No. 2. By quitclaim deed dated August 14, 1893, recorded in book 114 at page 65, G.W. Deffke conveyed a strip of land 30 feet wide off the north side of the NE*NW* of Section 23 to Weld County. The deed recites that the strip of land is to be used as a right-of-way for a public highway and will revert to the grantor, or his heirs or assigns, when the strip of land is vacated as a county road by the Board of County Commissioners of Weld County. By quitclaim deed dated April 3, 1903, recorded in book 163 at page 372, Otto Berg conveyed the same strip of land, to be used as a right-of-way for a ditch, to John M. Studebaker and Lafayette Lamb. The interest of Studebaker and Lamb was subsequently conveyed to The Ogilvy Irrigating and Land Company by deed dated September 22, 1905, recorded in book 228 at page 490. While both the Deffke and Berg deeds refer to the purpose for which the strip of land was conveyed, which may be indicative of an easement limited to surface use, the deeds also contain language more appropriate in a full fee conveyance such as the reference to the described premises as a "strip of land". As a result, the deeds in question are ambiguous and their construction may be controlled by the statutory rebuttable presumption (see C. R.S. Sec. 38-30-107 and 38-30-113(1) (c) (1982) Repl. Vol. 16A) that a fee simple estate is conveyed if a lesser estate is not specified by express words. Colorado courts also construe ambiguous deeds in favor of the grantee, that is, as a fee simple interest rather than an easement. The second deed from Otto Berg to Studebaker and Lamb would convey no interest in the north 30 feet of the ENW* of Section 23 unless said lands had been vacated by the Board of Weld County Commissioners, which fact cannot be determined from the title data examined. REQUIREMENT: In view of possible conflicting claims to the north 30 feet of the EiNW1 of Section 23, you should obtain, submit for examination and record either a protection lease or a quitclaim deed of the oil and gas underlying said lands from Weld County and The Ogilvy Irrigating and Land Company to the current tabulated mineral owners. Attachment II . ` AR2048339 B 1110 REC 02050532 04/21/86 12: 03 $0. 00 1/008 F 0069 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO WELD COUNTY OIL AND GAS LEASE Containing 0.91 acres, more or less; Containing U•9I net mineral acres, more or less: co O THIS LEASE AGREEMENT, dated this 24th day of March , 19 86 , made and entered p r.) into by and between WELD COUNTY, COLORADO, a political subdivision of the STATE OF COLORADO, acting by and ! through the BOARD OF COUNTY COMMISSIONERS OF TAE COUNTY OF WELD, for its respective interests, c/o BOARD OF U ; COUNTY COMMISSIONERS, WELD COUNTY CENTENNIAL CENTER, 915 10TH STREET, GREELEY, CO 80631, hereinafter called Ca Lessor and: ,.a BELLWETHER EXPLORATION COMPANY, Suite 400-N, Dominion Plaza, 600 17th Street, 0 Denver, Colorado 80202, o x Q>W hereinafter called Lessee: 0 O W WITNESSETR cn cd cn WHEREAS, said Lessee has applied to Lessor for an oil and gas lease covering the land herein described, 'n '�I and has paid a filing fee in the amount of $10.00, plus a bonus consideration of S 90.00 a cci era '+ p4 €X, fixed by Lessor as an additional consideration for the granting of this lease, a • ' isemimaltiroaecail co u xmatzttamtvoixixeqsaaptacc. This is a PAID UP LEASE with no rentals due. I OH WHEREAS, all the requirements relative to said application have been duly complied with and said Eapplication has been approved and allowed by Lessor; O E THEREFORE, in consideration of the agreements herein, on the part of Lessee to be paid, kept and O1 D performed, Lessor does lease exclusively to Lessee for the sole and only purpose of drilling for, rn W M W development of and production of oil and gas, or either of them, thereon and therefrom with the right to own co Z all oil and gas so produced and saved therefrom and not reserved as royalty by Lessor under the terms of et) this lease, together with rights-of-way, easements and servitudes for pipelines, telephone and telegraph o lines, tanks and fixtures for producing and caring for such product, and housing and boarding employees, and V a any and all rights and privileges necessary for the exploration and operation of said land for oil and gas, 41 ,4 the following described land situated in the County of Weld, State of Colorado, and more particularly described as follows: coot o ul ''o - DESCRIPTION OF LAND SECTION TOWNSHIP RANGE " ° A strip of land thirty (5D) feet wide otf the. North side of the Northeast Quarter of m w the Northwest.Quarter (NE/4 NW/4) of Section Twenty-three (23) , Township Six (6) North, Range Sixty-six (66) West of the Sixth Principal Meridian. TO HAVE AND TO HOLD said land, and all the rights and privileges granted hereunder to Lessee until the hour of twelve o'clock noon on the 24th day of March , 19 89 as primary term, and so long thereafter as oil and gas, or either of them, is produced in paying quantities from said land or Lessee is diligently engaged in bona fide drilling or reworking operations on said land, subject to the terms and conditions herein. Drilling or reworking operations shall be deemed to be diligently performed if there is no delay or cessation thereof for a greater period than sixty consecutive days unless an extension in writing is granted by Lessor; provided that such drilling or reworking operations are commenced during said primary term or any extension thereof or while this lease is 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 such production is commenced during such primary term or any extension thereof, or while this lease is in force by reason of such drilling or reworking operations or other production. 860293 (Rev. 1/86) PURPORTED COPY EXPLORATION - Lessor reserves the right to conduct exploration on the leased land provided such exploration does not interfere with rights granted herein. In consideration of the premises, the parties covenant and agree as follows: 1. RENTAL - If this lease is extended for an additional term as provided for in the EXTENSION paragraph hereof, Lessee shall during such extended period pay to lessor an annual rental at double the rate above specified for the land covered hereby. The rental in effect at the time production is established shall not be increased due to the term of this lease being extended by such production. Rentals set at the ao 0 time of established production shall be paid during the remaining life of this lease, annually, in advance, ° O 0 on or before each anniversary date hereof. There shall be no refund of unused rental. NO Q 2. ROYALTY - Lessee shall account for any and all substances produced on the leased land and Lessee o W shall pay to Lessor as royalty, in addition to the rentals provided, but except for products used on the O Z leased land, unavoidably lost or flared on the leased land, with approval of Lessor, the following: o x /21% w a (a) On oil, .1qDYCi of the oil produced and saved from the leased land. a 0 o At the option of Lessor, and with sixty (60) days' notice to Lessee, Lessor may take its m y. royalty oil in kind, in which event Lessee shall deliver such royalty oil to Lessor on the leased land, free of cost or deduction, into the pipelines or storage tanks designated by Lessor, but Lessee shall not in such case be required to provide free tankage for any such oil for a longer period than one amonth after the same is run into tanks. With sixty (60) days' notice to Lessee, Lessor may cease taking oil royalty in kind. When paid in cash, the royalty shall be calculated upon the fair market CO U value of the oil at the well which shall not be deemed to be less than the price actually paid to m Lessee at the well by the purchaser thereof; and in no event shall the royalties be based upon a market Z OH value at the well less than the posted price in the field for such oil, or in the absence of a posted c'W E price in the field for such oil, upon a market value at the well less than the prevailing price 0 N received by other producers in the field for oil of like grade and gravity at the time such oil is run ul W into pipelines or storage tanks. M W 21% en 5, co (b) On gas, including casinghead gas or other gaseous substance, of the fair market d' Z 'value at the well or of the price received by Lessee at the well, whichever is greater, of all gas OZ N fr4 produced and sold from the leased land or utilized off the land by Lessee. A copy of all contracts for 0 sale of gas shall be furnished to Lessor. Where gas is sold under contract that has been approved by Ogg Lessor, the fair market value of such gas for determining the royalties payable hereunder shall be the Gt '£ price at which such gas is sold under such contract. No approval by Lessor of the terms of any such O agreement shall operate to make Lessor a party thereto or obligate it thereunder in any way. At the Ott) option of Lessor, and with sixty (60) days' notice to Lessee, Lessor may take its royalty in kind. ,.-i o With sixty (60) days' notice to Lessee, Lessor may cease taking gas royalty in kind. Ggrk (c) All costs of marketing the oil and/or gas produced shall be borne by Lessee and such costs shall not directly or indirectly reduce the royalty payments to Lessor. Except that marketing costs for Lessor's in-kind royalty shall be borne by Lessor. (d) If Lessor owns a lesser interest in the oil and gas deposits of the above-described land than the entire and undivided fee simple estate, then the royalties and rentals herein provided shall be paid to Lessor only in the portion which its interest bears to the whole and undivided fee, but no refund of any bonus consideration shall be made by Lessor hereunder. 860293 3. RECORDS - Lessee agrees to keep and to have in possession complete and accurate books and records showing the production and disposition of any and all substances produced on the leased land and to permit Lessor, at all reasonable hours, to examine the same, or to furnish copies of same to Lessor upon request along with purchaser's support documentation. Lessor will not be unreasonable with requests. All said co O books and records shall be retained by Lessee and made available in Colorado to Lessor for a period of not 00 less than five years. O mp U ' 4. MEASUREMENTS - All production shall be accurately measured using standards established by the • American Gas Association (AGA) and/or the American Petroleum Institute (API) and all measuring devices shall 0 3 be tamperproof as nearly as possible. Oil royalties due within the terms of this lease shall be calculated O on actual and accurate measurements within API standards unless a different means of measurement, subject to WLessor's approval, is provided. co-0 5., PAYMENTS & REPORTS - All payments and reports due hereunder shall be made on or before the day M A» such payments and reports are due. Nothing in this paragraph shall be construed to extend the expiration of 11 .. ,a the primary term hereof. Oil royalty payments and supporting documents shall be submitted prior to the last day of the month following each month's sale of co a production, and gas royalty payments and supporting documents shall be 0o U submitted prior to the last day of the second month following each month's sale of production. m ~ All payments shall be made by cash, check, certified check or money order. Payments having �W P 7m ▪ E" restrictions, qualifications, or encumbrances of any kind whatsoever shall not be accepted by Lessor. A O VI Z penalty for a late payment shall be charges as set forth in the PENALTIES paragraph herein. W cn ma m m 6. PENALTIES - A penalty shall be imposed for, but not limited to late payments, improper payments, 0Z operational deficiencies, violation of any covenant of this lease, or false statements made to Lessor. N '44 Penalties shall be determined by Lessor unless otherwise provided for by law and may be in the form of, but U a not limited to, interest, fees, fines, and/or lease cancellation. A penalty schedule shall be prepared by Lessor and shall become effective immediately after public notice. Said schedule may be changed from time to time after public notice. co o to o ▪ O 7. LAW - The terms and conditions of this lease shall be performed and exercised subject to all laws, Aa k, rules, regulations, orders, local ordinances or resolutions applicable to and binding upon the administration of lands and minerals owned by the County of Weld, and to laws, rules and regulations governing oil and gas operations in Colorado. Violations shall result in penalties as provided for by law or as set forth in the aforementioned schedule or shall, at the option of Lessor, result in default as provided hereinafter. 8. SURRENDER - Lessee may at any time, by paying to Lessor all amounts then due as provided herein, surrender this lease insofar as the same covers all or any portion of the land herein leased and be relieved from further obligations or liability hereunder with respect to the land so surrendered; provided that no partial surrender or cancellation of this lease shall be for less than contiguous tracts of approximately forty (40) acres or Governmental lot corresponding to a quarter-quarter section; provided further that this surrender clause and the option herein reserved to Lessee shall cease and become absolutely inoperative immediately and concurrently with the institution of any suit in any court of law by Lessee, Lessor or any assignee of either to enforce this lease, or any of its terms expressed or implied. In no case shall any 860293 surrender be effective until Lessee shall have made full provision for conservation of the leased products and protection of the surface rights of the leased land. 9. ASSIGNMENTS - m (a) Lessee, with prior written consent of Lessor, shall have the right to assign the entire 0 C) leasehold interest of said Lessee in all or part of the land covered hereby, but not less, however, than contiguous tracts of approximately forty (40) acres or Governmental lot corresponding to a d' O quarter-quarter section for any partial assignment, and for approval of such assignment Lessor shall U make an assignment charge in an amount to be determined by Lessor. Prior to written approval by Lessor aof assignment of this lease, Lessee (assignor) shall not be relieved of its obligations under the terms O W and conditions herein. An assignment shall not extend the term of this lease. o o• x u} W (b) If any assignment of a portion of the land covered hereby shall be approved, a new lease -shall be issued to the assignee covering the assigned land, containing the same terms and conditions as 0 this lease, and limited as to term as this lease is limited, and the assignor shall be released and Wdischarged from all further obligations and liabilities as to that portion so assigned. rn en •• w (c) Lessee shall notify Lessor of all assignments of undivided percentage or other interests. ,~y X Said interests will not be recognized or approved by Lessor, and the effect of any such assignments a' will be strictly and only between the parties thereto, and outside the terms of this lease: and no • N dispute between parties to any such assignment shall operate to relieve Lessee from performance of any terms or conditions hereof or to postpone the time therefor. Lessor shall at all times be entitled to • Z look solely to Lessee or his assignee shown on its books as being the sole owner hereof, and for the H (al sending of all notices required by this lease and for the performance of all terms and conditions hereof. O � C4 rn O (d) Although not binding on Lessor, all instruments of every kind and nature whatsoever affecting W this lease should be filed with the Lessor. en 44 co • Z o4 10. OVERRIDING ROYALTY - Any and all reservations or assignments or overriding royalties shall be 1' subject to approval by Lessor. The total of said overriding royalties shall not exceed five percent (5%), R.l F including any overriding royalty previously provided for unless production exceeds a monthly average of a Z fifteen (15) barrels per day or ninety thousand cubic feet of gas per day (90 MCF/D). In the event that 00 m production drops to this amount or less, any overriding royalties which exceed five percent (5%) may be Out ,..� o suspended. Lessor's approval of a reservation or assignment of an overriding royalty shall not bind Lessor ri O for payment of said overriding royalty and shall not relieve Lessee of any of its obligations for payment of W W royalties to Lessor as provided by ROYALTY paragraphs herein. 11. OFFSET WELLS - Lessee agrees to protect the leased land from drainage by offset wells located on adjoining lands not owned by Lessor, when such drainage is not compensated for by counter-drainage. It shall be presumed that the production of oil and gas from offset wells results in drainage from the leased land, unless Lessee demonstrates to Lessor's satisfaction, by engineering, geological, or other data, that production from such offset well does not result in such drainage, or that the drilling of a well or wells on the leased land would not accomplish the purposes of protecting the deposits under the leased land. Lessor's decision as to the existence of such drainage shall be final, and Lessee shall comply with Lessor's order thereon or surrender this lease as to any such undeveloped acreage as designated by Lessor. 860293 12. DEVELOPMENT - Upon discovery of oil and gas or either of them on the leased land, Lessee shall proceed with reasonable diligence to develop said land at a rate and to an extent commensurate with the economic development of the field in which the leased land lies. 13. UNITIZATION - COh*iUNITIZATION - In the event Lessor permits the land herein leased to be included within a communitization or unitization agreement, the terms of this lease may be deemed to be modified to conform to such agreement. When only a portion of the land under this lease is committed by an agreement, oa 0 Lessor may segregate the land and issue a separate lease for each portion not committed thereunder; the term pU of such separate lease shall be limited as to the original term of this lease. The terms of the lease on that portion remaining in the unit shall be deemed to be modified to conform to such agreement. Lc) O U Nonproducing leases shall terminate on the first anniversary date of the lease following the termination cz date of the unit or part thereof modifying the lease, but in no event prior to the end of the primary term 41 • of the lease or the extension term of the lease. o 03 VI- 42 14. PRODUCTION - Lessee shall, subject to applicable lhws, regulations and orders, operate and produce C all wells upon the leased land so long as the same are capable of producing in paying quantities, and shall O operate the same so as to produce at a rate commensurate with the rate of production of wells on adjoining C4 lands within the same field and within the limits of good engineering practice, except for such times as M CG M there exist neither market nor storage therefor, and except for such limitations on or suspensions of ▪ production as may be approved in writing by Lessor. Lessee shall be responsible for adequate site security Y PP P 9 r-4 x on all producing properties. P4 0a mU 15. SHUT-IN WELLS - If Lessee shall complete a well on the leased land productive of gas and Lessee is off O H unable to produce such gas due to a lack of suitable market therefor, Lessor may grant Lessee suspension of his obligations to produce hereunder until a suitable market for such gas can be found, and during any such ▪ E 0 La• suspension period, it shall be deemed that- gas is being produced hereunder in paying quantities. Except, w however, that beginning on the anniversary date next, of the year of an extension of the lease by reason of O1 D a shut-in well, Lessee shall pay to Lessor a shut-in royalty equal to $2 per acre of the lease per annum in M P+ addition to the annual rental. The minimum amount of such shut-in royalty payment shall be $320. Each co year's shut-in royalty shall be forfeited to Lessor except for the shut-in royalty paid for theyear during co z Y Y P Y Y 0 Z which the well begins production. The maximum extension of the lease, due to the existence of a shut-in 0 well, shall be five years beyond the extension term as described in the EXTENSION paragraph herein. The U C granting of any further extensions shall be at the sole option of Lessor. • FC CCCO CIN 16. OPERATIONS - No exploration,-- drilling or roduction -o operation, including permanent installations o �n P P P '""1 o shall be within 200 feet of any existing building or other improvement, including water well or reservoir, o without the written permission of the owner of said improvements. Lessee shall keep a correct log of each CO Cz', well drilled hereunder, showing by name or description the formations passed through, the depth at which each formation was reached, the number of feet of each size casing set in each well, where set, and the total depth of each well drilled. Lessee, within thirty (30) days after the completion or abandonment of any well drilled hereunder, shall file in the office of Lessor a complete and correct log of such well, together with a copy of the electric log and the radioactivity log of the well when such logs, or either of them, are run; and also a copy of all drill stem test results, core records and analyses, record of perforations and initial production tests, if any. If any of the information required by this paragraph is contained in reports required to be filed with the Oil and Gas Conservation Commission of Colorado, the requirements of this paragraph for such 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 such information is immediately available to Lessor. Any proprietary information so submitted shall not be subject to public inspection under Colorado law. 860293 Lessee shall burr pipelines below plow depth. Lessee shall set and cement sufficient surface casing to protect the fresh water wells of the area. 17. NOTIFICATION - Lessee shall notify Lessor and the surface lessee or surface owner of the location of each drill site at least two weeks prior to commencing drilling operations thereon. Lessee shall notify Lessor before commencing to plug and abandon any well by copy of Lessee's request for approval or sundry notice of intent to plug and abandon. co0 o U 0 18. BONDS - Lessee shall be liable for all damages to the surface of the land, livestock, growing Ucrops, water wells, reservoirs, or improvements caused by Lessee's operations on said land. No operations shall be commenced on the land hereinabove described unless and until Lessee shall have filed a good and �l sufficient bond with Lessor, in an amount to be fixed by Lessor, to secure the payment for such damages as p 3 may be caused by Lessee's operations on said land and to assure compliance with all the terms and provisions of this lease, the laws of the State of Colorado, and the rules and regulations thereto appertaining. A O C4 yr W ' bond may be held in effect for the life of production of any well. a 0 U 19. SETTLEMENT - Lessee shall not remove any machinery, equipment or fixtures placed on said land, in . other than drilling equipment, nor draw the casing from any well unless and until all payments and " ''a obligations currently due Lessor under the terms of this lease shall have been paid or satisfied. Any .-4 .y `.4 machinery, equipment or fixtures left on this land for a period of more than six (6) months after the Wexpiration hereof, shall automatically become the property of Lessor. km a co V ~ Z 20. OTHER DISCOVERY - Should Lessee discover any valuable products other than oil and gas, on or O H within the leased land, Lessee shall within seven (7) days report such discovery to Lessor, in which event c c• O cA Lessee and Lessor may negotiate a provision for production of such discovery. al P r w r�1 W 21. WATER - This lease does not grant permission, express or implied, to Lessee for water exploration, CO y drilling, or establishing water wells without the written permission of the surface owner. If Lessor is the 0 Z surface owner, said permission shall not be unreasonably withheld. If Lessee desires to establish or 0 adjudicate any water right for beneficial use on the leased land, any such adjudication -or application shall a be in the name of Lessor if Lessor is the surface owner. The same shall apply to any nontributary water W � rights established on the leased land which may be put to beneficial use off said land. coo - - o 1/4o ' "'' O 22. DEFAULT - Upon failure or default of Lessee to comply with any of the terms and provisions hereof including but not limited to the failure to comply with laws, rules and regulations governing Colorado oil CO Ct' and gas operations, Lessor is hereby authorized upon notice and hearing, as hereinafter provided, to cancel this lease as to all of the leased land so claimed or possessed by Lessee hereunder. In the event of any such default or failure, Lessor shall, before making any such cancellation, send to Lessee by certified mail, to the post office address of said lessee as shown by. the records of Lessor, a notice of intention to cancel for such failure or default, specifying the same, stating that if within thirty (30) days from the date of mailing said notice, Lessee shall correct such failure or default, no cancellation will be made. If such failure or default is not corrected within thirty (30) days after the mailing of such notice, and if Lessee does not request a hearing on such notice within thirty (30) days, this lease will terminate and be cancelled by operation of this paragraph without further action by Lessor, or further notice to Lessee. 86,07,411 23. EXTENSION - If Lessee fails to make discovery of oil and gas, or either of them, in paying quantities during the primary term hereof, or during drilling operations commenced during the primary term hereof, Lessee may make written application to Lessor for an extension of this lease for a term equal to the • primary term as to all of the mineral acres covered hereby (excluding any mineral acres theretofore surrendered as in the SURRENDER Paragraph provided, or assigned as in the ASSIGNMENTS Paragraph provided). The granting of such extension shall be at the sole option of Lessor at double the rental for the primary I term hereof. co O 24. HOLD HARMLESS - Lessee shall indemnify Lessor against all liability and loss, and against all o U claims and actions, including the defense of such claims or actions, based upon or arising out of damage or ✓ 0 injury, including death, to persons or property caused by or sustained in connection with operations on this U I., leased land or by conditions created thereby, or based upon any violation of any statute, ordinance, or q regulation. cm 43 03 O CC 25. CONDEMNATION - If the leased land shall be taken in any condemnation proceeding, this lease shall v> W• automatically terminate as of the date of taking. The award for such condemnation shall be paid to Lessor, O except for any specific award(s) paid to Lessee for severed oil and gas reserves, in which event of such specific award(s) shall be paid to Lessor in lieu of royalty lost by virtue of the • condemnation. Improvements shall be removed by Lessee per terms in the SETTLEMENT Paragraph herein. If '„l m only a portion of the leased land is taken by condemnation, Lessor may, at its option, terminate this lease or terminate only that portion of the lease so taken. VD op V 26. ERRORS - Every effort is made by Lessor to avoid errors in all procedures includink'Mbp not limited to auction listings and lease preparation. Lessor shall not be liable for any inconvenience or t4,63 HZ O H caused by errors which may occur. Lessee shall notify Lessor immediately upon discovery of any.errors of .. E., discrepancy whatever. t . h... O CO s ,, , CT • W 27. ARCHAEOLOGY - Lessee shall not destroy, disturb, mar, collect, remove or alter aRy p.tel is rtif`or "n' CT+ historic resources of any kind on Weld County lands as provided by law. These resources include,but ark not co z limited to all artifacts of stone, wood or metal, pictographs, structures, and bones. A discovery of N < anything of prehistoric or historic nature shall be reported to Lessor or the State of Colorado Archaeologist immediately. a < aZ 28. DEFINITIONS - m 010 Hoo (a) "Gas" as used herein shall mean all gases (combustible and noncombustible), including but not limited to all gaseous hydrocarbons, gaseous compounds, carbon dioxide, and helium. CA w (b) "Oil and gas" as used herein shall include all substances produced as by-products, therewith, including but not limited to sulfur. • 4 (c) "Paying quantities" as used herein shall mean and refer to quantities of4t1. and gas' or of either of them sufficient to pay for the current cost of producing same. () \ : , J`,� • 29. HEIRS AND ASSIGNS - The benefits and obligations of this lease shall inure 'tio. and.ne binding upon the heirs, legal representatives, successors or assigns of Lessee; but no sublease or assignment hereof, or of any interest herein, shall be binding upon Lessor until the same has been approved by Lessor as explained in the ASSIGNMENTS' paragraph provided. 860293 _D 0 30. WARRANTY OF TITLE - Lassor does not warrant title to the leased premises, but it shall, upon request, allow Lessee access co such abstracts and other title papers as it has in its files. There shall be no obligation on Lessor's part to purchase new or supplemental or other title papers nor to do any • curative work in connection with title to the subject lands. All abstracts of title, whether new or supplementary, obtained by Lessee and covering the subject lands shall become the property of and be co O delivered to Lessor after Lessee has completed its title examination and curative work, subject, however, to OO the right of Lessee to use such abstracts upon request at any time during the term of the Lease. 0 to O U IN WITNESS WHEREOF, lessor has hereunto signed and caused its name to be signed by the BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF WELD, with the seal of the office affixed, and Lessee has signed this O `7 agreement, the day and year first above written. ow a BOARD OF COUNTY COMMISSIONERS am u} w WELD COUNTY, COLORADO a O \,......e.„--- w c en .en .-i ta ATTEST: ehrfld el g 2 /6 6/1:- .2alx-e-si- w Weld County'Clerk qd.-Recorder F m 1-1 U (and Clerk to ' Boti ` / /� • G • / jr ' 't� e• E . I . O w ril cn D 2' w 1.1' LESSEE: e, w _._ > 1 r_ ( BE WETHER EXPL0 TION COMP r, gr.. i. •• By: YYw�,54 it o z ' ,� p e., stan George Aubrey,lJ President N .....� o u a STA cOLORAno ) w a. DENVER ) ss. x COUNTY OF)k±D ) W N O ‘D March I-40 The foregoing instrument was acknowledged before me this 26th day of .•4 O , 19 86 by W W Witness my hand and official seal. My Commi,liac j 'i 'fires: July 5, 1989 ,:".%14,:i Ahn 4 '- , \\0TAT adtMal -o-o—o- Notary ublic Mary Ann Adams - ~ • ,O 9 = 600 — 17th Street, Suite 400—N ' UL1 C'.-O ,i.- Denver, Colorado 80202 . e -•. .... co- '.."p'gmpnNN, . n 860293 COGSWELL AND WEHRLE Attachment III . Bellwether Exploration Company September 24, 1986 Page 13 Requirement No. 2. (Previous; Revised) This requirement advised that ownership of a strip of land 30 feet wide off the north side of the NE*NW* of the subject Section 23 could not be ascertained from the title data examined. By quitclaim deed dated August 14, 1893, recorded in book 114 at page 65, G.W. Deffke conveyed a strip of land 30 feet wide off the north side of the NEINW* of Section 23 to Weld County. The deed recites that the strip of land is to be used as a right-of-way for a public highway and will revert to the grantor, or his heirs or assigns, when the strip of land is vacated as a county road by the Board of County Commissioners of Weld County. By quitclaim deed dated April 3, 1903, recorded in book 163 at page 372, Otto Berg conveyed the same strip of land, to be used as a right-of-way for a ditch, to John M. Studebaker and Lafayette Lamb. The interest of Studebaker and Lamb was subsequently conveyed to The Ogilvy Irrigating and Land Company by deed dated September 22, 1905, recorded in book 228 at page 490. While both the Deffke and Berg deeds refer to the purpose for which the strip of land was conveyed, which may be indicative of an easement limited to surface use, the deeds also contain language more appropriate in a full fee conveyance such as the reference to the described premises as a "strip of land". As a result, the deeds in question are ambiguous and their construction may be controlled by the statutory rebuttable presumption (see C. R.S. Sec. 38-30-107 and 38-30-113(1)(c) (1982) Repl. Vol. 16A) that a fee simple estate is conveyed if a lesser estate is not specified by express words. Colorado courts also construe ambiguous deeds in favor of the grantee, that is, as a fee simple interest rather than an easement. COGSWELL AND WEHRLE Bellwether Exploration Company September 24, 1986 Page 14 The second deed from Otto Berg to Studebaker and Lamb would convey no interest in the north 30 feet of the ENW* of Section 23 unless said lands had been vacated by the Board of Weld County Commissioners, which fact cannot be determined from the title data examined. In view of the possible conflicting claims to the north 30 feet of the E#NW* of Section 23, the requirement called for a protection lease or a quitclaim deed of the oil and gas underlying said lands from Weld County and The Ogilvy Irrigating & Land Company to the current tabulated mineral owners. A quitclaim deed and disclaimer dated March 17, 1986, covering the subject strip of land, from The Ogilvy Irrigating & Land Company to the tabulated mineral owners has been recorded in book 1107 at reception No. 2048263. An oil and gas lease dated March 24, 1986, recorded in book 1108 at reception No. 2048339 and in book 1110 at reception No. 2050532, covering the subject strip of land, has been obtained from Weld County, Colorado. In the event that the north 30 feet of the UMW* of Section 23 have been vacated by the Board of Weld County Commissioners, the County retains no interest in said lands. We have not, however, been provided with any information regarding the current status of the lands. In view of this fact, we have not tabulated Weld County, Colorado as the owner of the minerals underlying the subject strip of land. REQUIREMENT: In view of the possible conflicting claim of Weld County, Colorado to the oil and gas underlying the north 30 feet of the EzNW* of Section 23, comprising .91 acres or 1 .1375% of the 80-acre drillsite spacing unit for the Alles No. 1-23 and No. 2-23 Wells, you should either obtain and record a mineral quitclaim deed from Weld County to the tabulated mineral owners, or you should suspend royalties attributable to such acreage pending a determination whether the lands have been vacated by Weld County. Payment of royalties attributable to 79.09 acres or 98.8625% of the drillsite spacing unit for the subject wells may be paid to the tabulated mineral owners in the proportions indicated in our tabulation of leasehold ownership and distribution of proceeds. Attachment IV. r ea, /V , r.i,own;� �,., ..,.V -No ' .'. 1. This / . ! 'Iced, 'Mule this �Rv3.(.ac;rtXL, 'lay of. : "2. c.f-. , .•/ ..,1 1 1 t.:I.AIAI DEED. i / I —_ ite the youA r of oar Lord one thousand fight hundred and ninety f z.. FHV N 'n '/' —......_..........._.._--..___...-- ......_.__....-----'--...___... 1 o �J[� � 1 j of the County of_—L e4.2._._____and State of Colorado, of the first part, and i I STdTF, OF COLORADO, sl. _________.._.____ —__ ___County of Weld. e.� 49y • tk4QIl1alelw _...tleehrtwordal_7.``I ._.._...._- __— —........._....___ .._._._...._..._ C °'.leek r...if, 1 9- e'7 s4a4.dw 'the County of ... and State of Colorado,of the second part, ittldntstti, That the said pariroffise first part,for and in consideration of the sum of _ . — .. a to the said parla�yy of the first part in hand paid by the said part•}j' of the second part, the receipt whereof is hereby confessed/and acknowledged,hut/remised, released, sold, donneyed and QUIT-CLAIMED, and by these presrts doyr/remise, release, sell, convey and QUIT-CLAIM unto the said part./ of the second part, _.hr','__ heirs and assigns forever,all the right,tittle,interest,claim and demand whlck the said part-% %of the first part ha,t/in and to the following dawribed_ ..e.,S/ _situate. lying and being in the aunty of Weld and State of Colorado,to edit: /(,/. /y/ �I� y/, h7 /ti 1,14 114/ •4 /1.-41tJ 'f/ %etHit Fa,- e• 11.6e. fl i...Ca milli i% /16-e*I�L/[s<°r pour 4,�'C . V 77``,. 1 6 r 771/ roar yj.GP. 4 d Y G I Ai'. .e t., iu.ti .F/,•L.et.CLt„rue, -W1Ccw 4 ...a 7/,�t/,R.ti .�� 2/. u,£ZsLt./l/ a• rss°c,.,eeeteina• e,? t. . .. 1 -- - rA lot ad b spit the saw, Together with all end singular the appurtenances and privileges thereunto belonging or in anywise thereunto appertaining,and all the estate, right, title, interest and claim whatsoever, ": of the said par o f the lost ap rf, either in law or equity,to the only proper we, benefit and behoof of the said part the part and assigns forever. ' ., , .°aft Rimes aktmf, nosed parb,„..pt/ lin/part Aye/AereseMe eel hand and seal Oa day a„ s i}. f � y�,yg+gye w first.loco written. "'_ •I; ' y , ^, , . 4. //�yj�y'jj�� ;• } O P J!. pYieyAc.mina amii,esaraw—ir ss�ses `,. . S r .,S}, j WF# CR€ / , .. L / f Ri'lyw•� Fr, I^t ,�,,W'II �. ...co- G. r ('9 . F.e it .f ry , G�n-_ (' tk f' 'At t t$ _* '`� z � s1h^.4 ..:77—�- �. . .���} 3. ' aXi gy�c, Y F ,t,tbw� ,r$4t • v^ ylarn n +*t 4,1 tLj '4-';E `lr,' ' n ' �il„�raxt :t' t+'4 r''ikn t ,..9,1)'‘,1.-1,4 ¢'4"".. ` _ �.�� it y 1 t -` 1,;;(•;. Y J r /fit /. )) .69.w r�v A,,—A;,t e 1 n4lr {+gar • fr, ;. le i , ��.a es -I;AA !'%j 'ern xF4 ' fir. l �Af 4 a, w• , 1:.C7 }� 44:‘. �i , 9 ,2`J r C limn: A '. %+ ',, ,,LA "iti' r14Qy€':pyl�l{� a t7y IrA�II i �.. Ay- �I.iti t i te• grow �C,i�'t.trala"•. ,i,zotm.1t�a�'p '9.': k ! f1,�,W 7,, fr: YYw�L}...:z. Yi Yr r !, 4.. - —'l pTiot1e ?T .4cn II'�r WA: 1144 . t r slS Yom• ++ww�L..a or w'I • A 1}9e�C a..-.-'W,9 1'i'arl f�.eaa .' R"'t'{�hy.�p�. ra�raa�aelM� 4 f• l:t "xY.kJB.frImzr . . t ,.,"F., $?t .' P F "r1 f J'`t rAR61t YY.L-'� 't1.� ?�,• 1.,.-..., 1 al..ors - C sr� ;1 '.. , , �1.1%,-,, ,,r amr. �.*rw►,'Iaw +',ri+nrw', lia't 'wT-.•.w■6"t f sRw , f kii-WI • • .r •,«..—r-' '''''' .....' 1"--7—— t r. ..., -4""'"'lryr+.+�,FJ )d R-! s4 .4 (.: 8 y'. .r ,tR`rte,ti ,:,,, ,•r f •9 t 't 'k�f ''.t tNLlee •""*"`144 w5 0 V ,1fa''': ly a• '. l '. n oeTr` 'Tt • '-• l l � � • l , rl Attachment V . October 14, 1986 OIL and GAS DIVISION ORDER TO: Bellwether Exploration Company DIVISION ORDER NO.: CO-011-340 600 - 17th Street, Suite 400-N CO-011-407 Denver, Colorado 80202 EFFECTIVE: Date of First Production The undersigned, and each of them, represent, guarantee and warrant that they are the legal owners, in the proportions set out on Exhibit "A" hereof, of the oil and condensate, gas, gasoline, casinghead gas, and all liquid or gaseous hydrocarbon substances produced and to be produced from the ALLES #1-23 and ALLES #2-23: E/2 . NW/4 Section 23, Township 6 North, Range 66 West, 6th P.M., containing 80.0 acres, more or less, Weld County, Colorado. From the effective date and until further written notice, you or your assignee, nominee, or vendee are authorized for your own account to receive the proceeds of oil and condensate, gas, gasoline, casinghead gas, and all liquid or gaseous hydrocarbon substances therefrom, in the usual conduct of your business, and pay the owners in accordance with the terms of the Contract dated September 24, 1982 between Bellwether Exploration Company, as Seller, and Northern Natural Gas Company, Buyer (Gas), and terms and conditions agreed upon between Bellwether Exploration Company, as Seller, and U.P.G. Falco, as Buyer (Oil), and any renewals, extensions or amendments thereto covering the purchase and sale of said products, for their respective interest, stated and guaranteed on Exhibit "A", attached hereto and by this reference made a part hereof. (The contents of the reverse side, and any attachments hereto, shall constitute a part of this Division Order.) Payment according to the foregoing provision for said products taken from the above described land during any calendar month shall be made on or before the 28th day of the month following receipt of the proceeds. It is agreed that if, at any settlement date, the amount payable to any party hereunder shall be less than Ten Dollars ($10.00), you may withhold payment until the amount payable to such party equals or exceeds the sum of Ten Dollars ($10.00), or in any case you will distribute the amount payable to any party at least yearly, whichever occurs first, in which event payment shall be made at the next regular settlement date. Upon termination of this agreement, payment shall be made to the respective parties entitled thereto regardless of the amount or amounts due. In the event of any adverse claim or dispute arising at any time concerning title to said land or to the oil and/or natural gas components thereof produced therefrom, or concerning the right to share in the proceeds from the sale of said oil and/or natural gas and components thereof, you are authorized to withhold, to the extent which you deem necessary for your protection, the proceeds accruing from purchases hereunder, without interest and without liability (except as a stakeholder), until indemnity satisfactory to you has been furnished or until such dispute or claim has been settled to your satisfaction. Each undersigned party, as to the interest of such party hereunder, respectively agrees , in the event suit is filed in any court affecting title to said oil and/or natural gas and components thereof or proceeds thereof either before or after severance, to indemnify and save you harmless against any and all liability for loss, cost, damage, and expense which you may suffer or incur on account of receiving and paying said party the proceeds derived from the sale of said oil and/or gas and all components thereof. The oil and gas lease or leases together with any amendments thereto or modifications thereof, under which the oil and gas are produced are hereby ratified, adopted, and approved and each of the undersigned severally represents he owns and claims no interest greater than the interest set out after his name and hereby warrants the title thereto, and further agrees to hold harmless and indemnify BELLWETHER EXPLORATION COMPANY for and on account of any loss or damage it may sustain or suffer due to adverse claim to such interest. S-1 r Alles #1-23 & Alles #2-23 Division Orders #Co-011-340 & 407 October 14, 1986 Page 2 The undersigned severally agree to notify you of any change of ownership, and no transfer of interest shall be binding upon you until a proper transfer order and the recorded instrument evidencing such transfer, or a certified copy thereof, shall be furnished to you. Transfer of interest shall be made effective not earlier than the first day of the calendar month following receipt of such notice by you. You are hereby relieved of any responsibility for determining if and when any of the interests herein 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 interests, and the signers hereof whose interests are affected by such money or their payments, if any, agree to give you notice in writing by registered letter addressed to BELLWETHER EXPLORATION COMPANY, 600 — 17th Street, Suite 400—N, Denver, Colorado 80202, when any such money or other payments have been completed or discharged, or when any other division of interest other than that set forth on Exhibit "A" attached, 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 on payment to a party whose interest has terminated. As a matter of accomodation to us, you are hereby authorized to deduct and pay to the proper taxing authorities, all production and severance taxes required to be paid applicable to the respective interest of the undersigned in the oil and/or gas and components thereof or in the proceeds of oil and/or natural gas and components thereof produced from the above described lands including but not limited to ad valorum taxes and conservation taxes, unless one or more of the undersigned furnishes you with written instructions not to pay any such taxes and furnishes indemnity satisfactory to you against loss resulting from such refusal to pay taxes. This Division Order shall become valid and binding upon each owner named in the attached Exhibit "A" as signed by each such owner, regardless of whether or not all of the owners have so signed. IMPORTANT; TO AVOID DELAY IN PAYMENT, YOUR CORRECT ADDRESS AND SOCIAL SECURITY OR FEDERAL TAX NUMBER MUST BE SHOWN. WITNESS/ATTEST: (SIGN BELOW) OWNERS: (SIGN BELOW) as applicable (Print or type your complete address under signature) By: By: DATE: S.S. or I.D. #: Address: By: By: DATE: S.S. or I.D. #: Address: October 14, 1986 EXHIBIT "A" Alles #1-23 Division Order No. 340 (NE/4 NW/4 Section 23-T6N-R66W) and Alles #2-23 Division Order No. 407 (SE/4 NW/4 Section 23-T6N-R66W) DIVISION OF OWNER # CREDIT TO: INTEREST: % of 8/8ths LANDOWNERS ROYALTY: • 5006 Leah Fahrenbruch Alles Trust 1.85367% SUSPEND RI 4101 AA Street Greeley, Colorado 80631 1918 Henry Alles Trust 1.85367% SUSPEND RI 4101 AA Street Greeley, Colorado 80631 2595 Herman Raymond Alles 3.70734% SUSPEND RI 1918 14th Street Greeley, Colorado 80631 2596 Elmira Alles Dumler 3.70734% SUSPEND RI 109 Bradley Fort Collins, Colorado 80529 2598 Florence Alles McWilliams 3.70734% SUSPEND RI 1430 31st Avenue Greeley, Colorado 80631 2597 Shirley Alles Harding 3.70734% SUSPEND RI 1300 University Street Helena, Montana 59601 1586 Weld County, Colorado 0.21330% SUSPEND RI c/o Board of County Commissioners Weld County Centennial Center 915 10th Street Greeley, Colorado 80631 (0.91/80 Acres) or 1.1375% X 0.1875 royalty 18.7500% SUSPEND RI OVERRIDING ROYALTY INTERESTS: 2634 Rueben Ehrlich 0.50000% OR 2733 Eighth Avenue Greeley, Colorado 80631 (0.50% X 8/8ths) • 3353 BEC General Employee Royalty 0.68750% OR2 Pool 600 - 17th Street, #400-N Denver, Colorado 80202 (0.6875% X 8/8ths) . `l Division Order Exhibit "A" - Alles #1-23 and Alles #2-23 Page 2 OVERRIDING ROYALTY INTERESTS (continued): 181 George Aubrey 0.27500% OR2 1685 East Cedar Avenue Denver, CO 80209 (0.2750% X 8/8ths) 5337 H. Thomas McMeekin 0.27500% OR2 11456 LaGarita Pass Littleton, CO 80127 (0.2750% X 8/8ths) 182 George W. Aubrey 0.27500% OR2 772 agnolia Denver, CO 80220 (0.2750% X 8/8ths) 725 Daniel D. Reichel 0.19250% OR2 10775 Longs Way Parker, CO 80134 (0.19250% X 8/8ths) 3452 Robert W. Richardson 0.13750% OR2 500 E. 12th Avenue, #1906 Denver, CO 80203 (0.13750% X 8/8ths) 763 Anthony W. Sharp 0.13750% OR2 1048 S. Elmira Street Denver, CO 80231 (0.13750% X 8/8ths) 219 Lynda C. Whipple 0.13750% OR2 2412 West Rowland Avenue Littleton, CO 80120 (0.13750% X 8/8ths) 2.61750% ORI WORKING INTEREST: 3 Bracewell Development 78.63250% WI Corporation 600 — 17th Street, #400-N Denver, Colorado 80202 LANDOWNERS ROYALTY: 18.75000% SUSPEND RI OVERRIDING ROYALTY INTERESTS: 2.61750% ORI WORKING INTEREST: 78.63250% WI 100.0000% Hello