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Home My WebLink About891018.tiff RESOLUTION RE: APPROVE OIL TRANSFER ORDER CONCERNING PROPERTY LOCATED IN NW}SW} SECTION 18 , TOWNSHIP 2 NORTH, RANGE 66 WEST OF THE 6TH P.M. , WELD COUNTY, COLORADO, 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, a Deed was executed by Weld County, Colorado, transferring a certain parcel of land to Robert M. and Mary E. Stahl, said parcel being more particularly described as: That part of Lot 5, Section 18, Township 2 North, Range 66 West of the 6th P.M. , Weld County, Colorado, lying west of the Platte River in Division 1 , Lupton Meadows Subdivision WHEREAS, Nielson Enterprises, Inc. , has requested that Weld County, Colorado, execute an Oil Transfer Order concerning said property. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Oil Transfer Order concerning the above described property be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said Transfer Order. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 18th day of September, A.D. , 1989 . BOARD OF COUNTY COMMISSIONERS ATTEST: WELD COUNTY, COLORADO Weld County Clerk and Recorder fey��z / and Clerk to the Board C.W. Kirb , Chai man EXCUSED Bg: b-'x- t ., a J J Jac line John n, Pro-Tem eputy County lerk /( IwJ APPROVED AS TO FORM: tene R. Brantner j George K n y County Attorney (� Gor rC 2 -f 891018 Weld County #1 Ise 803 NIELSON ENTERPRISES INC. A Delaware Corporation TRANSFER ORDER TO: NIELSON ENTERPRISES INC. Legal Department P. 0. Box 370 Cody, Wyoming 82414 November 23 , 19 88 The undersigned, having transferred as indicat.d below R instru- ment dated June 21 , 1988 , recorded in ccah�amx 1200 e , page 02145679 of the records of Weld County, Colorado , an interest in the minerals that may be produced from wells now or hereafter completed on the following described lands in said County and State: Township 2 North, Range 66 West Section 18: NW1/4SW4 you are hereby authorized, effective October 1, 1988 , to give credit and make payment of proceeds of production attributable to the interest so transferred in the following manner and proportions: CREDIT TO DIVISION OF INTEREST POST OFFICE ADDRESS Robert M. Stahl and .0625000 R.I. * 6586 W. 62nd Place Mary E. Stahl Arvada, CO 80003 * The above interest is based on Nielson Enterprises Inc. 's leasehold interest of 19.89335% in the entire unit. WITNESSES: TRANSFEROR(S) : ST y � The County of Weld, a body politic (�M t and corporate of the State of Colorado, Weld County Clerk & Recorder by and through the Board of County Commission rs f Wild County `BY: 10-71-lltas _i (,tgxl,C.�i By: �,� 2 D puty County C rk Each of the undersigned hereby certifies and guarantees that he is the legal owner of the interest above set forth opposite his name and hereby warrants title thereto and further certifies that he is entitled to payment for minerals produced and/or purchased by you under your lease or purchase contract from wells now or hereafter completed on the above described lands. Effective as of the date of this order, and until further written notice, you are authorized to give credit and make payment of proceeds of production attributable to the interests as set .forth above, such payments to be made in accordance with and subject to the following conditions: FIRST: It is agreed that the price to be paid for production attributable to the interest of each of the undersigned shall be the wellhead contract price applicable thereto, or, if there be no wellhead contract, the price being paid by Nielson Enterprises Inc. (sometimes herein called "Company") to working interest owners in the field for production at the well of like quality, pressure and volume. 891018 SECOND: Payments shall be made by check payable to the person(s) named above and severally in the proportions indicated, mailed to such person(s) , at their respective addresses as shown, each month in respect to deliveries during the preceding month; provided each individual payment to be made hereunder may be withheld until at least Twenty—five Dollars ($25.00) has been accumulated to the credit of said person. The Company is authorized to deduct from proceeds due and to pay over any taxes at any time applicable to the respective interests of undersigned in production or in the lands above described, which are to be deducted by the Company or which may be or become a lien on production or on the lands above described or for which the Company may be contingently responsible, according to all applicable laws, valid or asserted as such, and the regulations, valid or asserted as such, by officials charged with their enforcement. THIRD: In the event of any adverse claim or dispute arising at any time concerning title to said land or to production therefrom or concerning the right to share in the proceeds from the sale of production, the Company is authorized to withhold, to the extent which it in good faith deems necessary for its protection, the proceeds accruing from produc- tion or purchases hereunder, without interest and without liability (except as a stakeholder) , until indemnity satisfactory to the Company has been furnished or until such dispute or claim has been settled to the Company' s 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 the lands above described or production therefrom, to indemnify and save harmless the Company against any and all liability for loss, cost, damage and expense which the Company may suffer or incur on account of paying said party pursuant to this order. FOURTH: The undersigned severally agree to notify the Company of any change of ownership, and no transfer of interest shall be binding upon the Company until a proper transfer order and the recorded instrument evidencing such transfer, or a certified copy thereof, shall be furnished to the Company. Transfer of interest shall be made effective not earlier than the first day of the calendar month following receipt of such notice by the Company. The Company is hereby relieved of any responsibility for determining if and when any of the interests set forth in the order shall or should revert to or be owned by other parties or shall be otherwise affected or changed as a result of the completion or discharge of money or other payments from said interests or as the result of any other event, and the signers hereof whose interests are affected by such money or other payments or such other event, if any, agree to give the Company notice in writing by registered letter addressed to the Company at the address shown above, when any such money or other payments have been completed or discharged, or when any such event shall have occurred, or when any other division of interest than that set forth herein shall, for any reason, become effective and to furnish transfer orders accordingly, and that in the event such notice shall not be received, the Company shall be held harmless in the event of and is hereby released from any and all damage or loss which might arise because of payment pursuant to this order. FIFTH: This order shall become valid and binding on each owner named herein as soon as signed by such owner, regardless of whether or not all the named owners have so signed, and any assignee of, or successor to the above named Company is authorized_t.o_give credit and make payment pursuant to the terms and provision of this rder. ))) WIT ESSES: OWNE S) DATE //{�/ Robert M. Stahl 1 ' .td �) `772 ` ., � Yti� ,�� t . �. Nary E. St hl (Be sure your signature is witnessed. If you are married, your wife [or husband] must also sign. ) - 2 - 891018 370 NIELSON ENTERPRISES C DA W OM t(p ODY� WYOMING 82414 ✓//IA TELEPHONE 307-587-4291 November 23, 1988 � r nny Mary Ann Feuerstein NO Weld County Clerk and Recorder °+ -V2 819$8 P. 0. Box 459 Greeley, CO 80632 c,, Dear Ms. Feuerstein: Please find enclosed two Transfer Orders relating to the property which Weld County conveyed to Robert M. Stahl and Mary E. Stahl of 6586 West 62nd Place, Arvada, CO 80003. We recently received a copy of that deed conveying all of the west part of Lot 5 of the NW1/4SW, of Section 18, Township 2 North, Range 66 West to the Stahls and reserving one-half of all oil, gas, hydrocarbons and other minerals to Weld County. The three wells which would be applicable to that conveyance are the Weld County #1 oil well and the CLC Gas Unit #1 and #2. By this conveyance Weld County has conveyed one-half of their interest in the Weld County No. 1 oil well and a 33.7264% (1 of 8.58 acres over 25.44 acres) of their interest in the CLC Gas Unit. We would appreciate it if you would have the enclosed Transfer Orders executed on behalf of the county and then forward them to Mr. and Mrs. Stahl for execution. After they have been fully executed, they should be returned to me. Ki st re r , William P. Rohrbach General Counsel WPR/sf. Enclosures cc/ J. L. Sears 140 Denver Avenue Fort Lupton, CO 80621 Mr. and Mrs. Robert M. Stahl 6586 West 62nd Place Arvada, CO 80003 831018 Hello