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HomeMy WebLinkAbout901179.tiff • RESOLUTION RE: APPROVE OIL AND GAS DIVISION ORDER FROM ASSOCIATED TRANSPORT AND TRADING COMPANY, P.O. BOX 5493 , DENVER, COLORADO 80217, 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 Nielson Enterprises, Inc. , and WHEREAS, said lease covers land more particularly described as follows: TOWNSHIP 2 NORTH - RANGE 66 WEST Section 26 : SF./4NE/4 Weld County, Colorado WHEREAS, Associated Transport and Trading Company 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 a member of the Weld County Attorney' s staff 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 Associated Transport and Trading Company, P.O. Box 5493 , Denver, Colorado 80217 , 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. 901179 s,a sAiArn Page 2 RE: DIVISION ORDER - ATTCO The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 26th day of November, A.D. , 1990. BOARD O ATTEST: : � � r WELUNTYi,N COMMISSIONERS CO TY CRADO Weld County Clerk to the-Board Get � R. Brantner, Chairman BY: Geo ge Kenn dy, 'Pro-Te c6 Deputy Clerk t the B _ APPROVED AS TO FORM: Constance L. ,Harbert G�� C.W. .Kir .4 County Attorney l Gordd . 901179 y 41-1-(( . ASSOCIKTEU TRANSPORT & TRADING-COMPANY _= November 9, 1994 TO ALL INTEREST OWNERS: • Basin Exploration , Inc. has recently acquired all of Nielson Enterprises Inc. ' s oil and gas properties in Colorado and has reached an agreement with Associated Transport and Trading Company to distribute the oil revenues from said properties and Associated Natural Gas, Inc . to distribute the gas revenues. The effective date of the change of the distribution from Nielson to Associated will be October 1 , 1990. To accommodate this transfer , enclosed please find Oil and Gas Division Orders for execution in accordance with the attached instruction sheet. Return to the below listed letterhead address at your earliest convenience. Should executed Division Orders not reach Associated Natural Gas, Inc, within 45 days, revenues will be suspended pending receipt of same. Oil checks are issued on the 20th of each month; gas checks are issued on the last day of each month. Both ANGI and ATTCO have a $25.00 minimum value before a check is issued . Monies less than $25.00 remain in a minimum suspense account until the $25.00 is reached or all monies are released once a year in December ( if the minimum is not met ) . On Working Interest ownership, Lease Operating Expenses will be netted against revenue unless other arrangements are currently in place with Basin. ATTCO/ANGI look forward to being of service to you. Yours very truly , ASSOCIATED TRANSPORT AND TRADING COMPANY ASSOCIATED NATURAL GAS, INC. 1 Barbara L . Buck Manager , Division Orders BLB: bIg Enclosure 900 REPUBLIC PLAZA • 370 SEVENTEENTH STREET • DEM/ER COLORADO 80202 • (303)595-3339 • FAX(303)595-0480 MAILING ADDRESS. P.O. BOX 5493 • DENVER, COLORADO 80217 LED°89 (CONDINED CAS AND OIL) 10; ASSOCIATED NATURAL SAS, INC. (*ANSI') ASSOCIATES/ TAMEOC rt AID MOMS COMPANY t'ATTOD') • Pest Office Err 5493 10747 (Gas) Denver, Colorado 80217 ATTN: Walston Order Department - Loose No. 50403 (Oil ) Date November 9, 1990 Plant the undersigned, end each Of us, certify and guarantee that we are the legal owners of and hereby warrant the title to our respective interests in the proceeds derived from the sale of des end Oil (es more individually defined Weld produced and d saved free the Badding di tease or unit located in the County or Perish of , State of Colorado more particularly described as follows: TOWNSHIP 2 NORTH - RANGE 66 WEST Section 26: SE/4NE/4 OIMER No. CREDIT TO DIVISION Of INTEREST DECIMAL SEE ATTACHED EXHIBIT "A" FOR OWNERSHIP LISTING Effective S:00 A.N. October 1 . 1990 . and until further notice, you are hereby authorized to take or retain possession of all Ges and Oil iroe said property(ies) on and after the effective day and to give credit as set forth above for all proceeds derived from the sale thereof frog said property(ies) subject to the conditions, covenants end directions set out below: FIRST: It is understood that the Gas produced free the above-described property(ies) is being sold under that certain Gas Purchase and Processing Agreement dated October 12 , i9__aQ, between Basin Operating Compagy as 'Seller' and ASSOCIATED NATURAL GAS, INC. es 'Buyer', and that all terms and covenants contained therein, and in any amendments, extensions, or renewals thereof shall govern and be binding upon the parties hereto in all respects which shall include, but not be restricted to, the price to be paid for said Gas and the time when such payments are to be made. As used in this Division Order, the term 'Gas' shall be deemed to include casinghead gas, gasoline and all products which Associated Natural Gas, Inc. may receive and/or recover by processing trot Gas produced fro, wells on said property(les). All covenants appearing c the reverse side hereof are incorporated herein by reference and the undersigned agree that each shall be deemed and considered an essential part of this Division Order in like manner and with the same effect as if printed above our signatures. The undersigned expressly waive any cleie against ANGI and ATTCO for any and all amounts which may be due us from others for production prior to the effective date hereof. s Sign Below Taxpayer identification or Si tur 1 W ter hailing e ) Social Security la.mtwr ATTEST: /� 84-6000813 e Board . Gene R. Brantner,Chairman B Weld County Board of Coytmissinners Dept k to the Board Address } P.O. Box 758, Greeley, CO 80632 Address Address B 1283 REC 02234448 11/29/90 16: 42 40. 00 1/003 F 1651 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 901179 SFtriD: The word *Oils as wed herein shell Include, Out 1s rot timitud to, condensate end ell Yrteteble 11qu1tl hydrocerbcv produced end Wiled hereunder, but am:Swains that recovered From processing, of Wis. All Oil s lead and purchased hereunder shall be acre .able Oil end shell became the property of ATTCO es aeon es the same it 'Stewed into its tweedy ow that Of any carrier It designates. *TYCO shall not be expected t0 receive Oil 1n definite quantities, Nor for fixed periods, new to provide storage. TNIhD: The Oil received and purchased hereunder 'shell be delivered f.o.b. to ony carrier ATTCO designates Which pothers and receives said Oil end ATCD agrees to pay for such oil to the undersigned according to the division of interests herein specified at the price agreed upon between ATTCO and the lease operator. FOIIIITN: Quantities of Oil purchased hereunder shall be determined by the method of measureeent and computation employed by ATTCO er ATTCO's spent designated to receive such Oil including but not by coy Of lioitetion, the gauping of storm., tanks wing regularly compiled tank tables, the use of certified truck gauges, and the we of Deters or eny other reasonably •[curate method of measureoent end computation. ATTCO shall correct the vo4ae and gravity to es temperature of AO Fahrenheit and shall deduct from such corrected volume the full percentages of basic sediment, water end ether impurities •s shown by its test. ATTCO may refuse to receive any Oil 1t eonsiders to be not merchantable. FIFTH: payments ere to be made monthly by checks of ANGI for Sam and ATTCO for Oil to be delivered or mailed to the parties thereto entitled at the eddresses ebove given, provided that if the amount due any owner is less than Twenty-live and 00/100 Dollars (825.00) per month, ANGI or ATTCO, at its option, may defer the asking of such payment until such time as the aggregate amount due exceeds said sum. The undersigned authorize ANGI and ATTCO to withhold lroe the proceeds of ony end all Gas end Oil referred to herein, the amount of any tax placed thereon, or on the production thereof, including but not halted to any severance, production or occupation tax, by any governmental authority, local, state and/or federal, and to pay the same to our behalf with the proceeds so withheld. lifxTN: In the event o1 any adverse claim of title or in the event title shell not be satisfactory to ANGI or ATTCO at any time during the term of this Division Order, each of the undersigned agrees to furnish complete abstracts of title and other evidence of title satisfactory to ANGI and/or ATTCO and •uthorizes some to withhold payment without obligation to pay interest on the amount so withheld, until satisfactory indemnity shall be furnished to ANG1 and ATTCO. Each u dersigned party •s to the interest of such party hereunder respectively agrees, in the event suit is filed in any court affecting title to said Gas end/or Oil, either before or after severance, to indemnify and save harmless ANGI and ATTCO against any and all liability for loss, cost, damapc and expense which ANGI or ATTCO may suffer or incur on account of receiving and paying said party the proceeds derived from the sale of said Gas and/or Oil. Where ANGI and/or ATTCO, pursuant to the provisions hereof, withholds payment or any part thereof, each undersigned party trot whom payment is withheld severally agrees to indemnify and hold ANG1 and ATTCO harmless of and frog all liability for any tax, together with all interest and penalties incident thereto, imposed or assessed against or psid by then on account of the sun or sums so withheld from payment to said party and deduct all such taxes, interest and penalties so paid by tree frog any sums owing by thee to said party. 11 .suit is filed affecting the interest of the undersigned, written notice thereof shalt be given ANGI and ATTCO at the above address by the undersigned, together with a certified copy o1 the complaint or petition filed. 11 ANGI o- ATTCO are made a party to such proceedings, the undersigned sprees to indemnify same against any judgment redered therein and to reimburse ANGI and ATTCO for any costs, attorney's fees or other expenses incurred in connection therewith. SEVENTH: The undersigned severalty spree to notify ANGI and ATTCO of any change of ownership and no transfer of interest shall be binding upon ANGI or ATTCO until transfer order and the recorded instrument evidencing such transfer, or a certified copy thereof, shell be furnished to ANGI or AT1C0. Transfer of interest shall be made effective 8:00 s.s. on the first day of the calendar month in which proper notice is received by ANGI ■nd ATTCO. ANGI and ATTCO are hereby relieved of any responsibility for deteraining if and when any of the interests hereinebove set forth shall or should revert to or be owned by other parties as • result of the completion of discharge of money or other payeents from said interests and the signers hereof whose interests are affected by such money or other payments, if any, agree to give ANGI and ATTCO notice in writing b> registered letter addressed to ANGI and ATTCO et the above address, directed to Division Order Department, when, any such money or other payments have beer, coe.pteted or discharged, or when any division: of interest other then that set forth above shall, for eny reason, become effective and to furnish transfer order accordingly and that in the event such notice shall not be received, ANGI and ATTCO shall be held hereless in the event of, and are hereby released fror any and all desape or loss which might arise out of any overpayment. Should adjustments be necessary. ANGI and ATTCO shall have rights (AA no duty) to set off any and all individual or joint liabilities the undersigned has with same, including but not Limited to proceeds tree this and other lease interests owned by the undersigned. EIGHTH: If any portior, of the proceeds derived lroa the sale of Gas is subject to refund under any order , rule or regulation of the Federal Energy Regulatory Commissi on ot the provisions o1 the Nature Gas Act or Natural Gas Policy Act 01 1978, ANGI may hold without interest the portion, of the proceeds subject to refund unless indemnity satisfactory to ANGI has been furnished, or until ANG1's refund obligation hes been finally determined. If any portion of the proceeds derived trot the sale of Gas is paid over by ANGI under any order, rule or regulation of the Federal Energy Regulatory Commission or the provisions of the Natural Gas Act or Natural Gas Policy Act of 1978, ANGI and ATTCO are authorized to recover the amount of the refund applicable to the interest of each of the undersigned few future payments (Gas and Oil) or al ANGI's election, it may invoice the undenipned therefor, plus the legal rate of interest ANGI is or may be required to pay in connection with the undersigned's portion of the refund. NINTH: I1 the undersigned is a working interest comer an"d/or operator, he or she guarantees and warrants that all Ges and Oil tendered hereunder has been or will be produced and delivered in eomrrlienre with ell ape:,irebte federal , state a^.r, fore laws. orders, rules and regulations. TENTH: This Division Order shall become valid sad binding upon each and every owner above name" upon executior hereof by such owner regardless of whether or not any of the other above-named owners.have so sip-leo. No termination of this Division Orde shell be effective without giving thirty (SD) days pea o- written notice, If the provisions of this Division Oder are in conflict with the provisions of any oil and pes lease covering the above-described property(ies), thr provisions of this Division Orde- shell prevail . Ea cl unde.-signed owner ratifies tiro confirms his oil and pa' lease as being in full fo-cc ant effect as of the date hereof. lr. consideretior, of tht purchase of Gas and Dil hereunde- , eonse-.t is givr! ANF1 tint ATTCC and any pipe'.ine company Vh1Ch cant ea-y Cause lc connect with the wells ant tads or seid Cant, tc disconnect and remove Such pipetinrs, in case of termination by ether ANG1 or AT1CC o' the unoe'signef of any purchases under this Divitio- Oroe- . In the event of eonftict be;wee the provisions of treat Division. Oroe. erg apC' icsb'.e ie. D, rep=lstions, the provisions of this Divtsio" Drat' shell be deems motifieC sc as tc com::ly Witt sic' la. or reg.tetion B 1283 REC 02234448 11/29/90 16: 42 X0. 00 2/003 F 1652 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT A 50403 - OWNER- NO CREDIT TO PERCENTAGE INTEREST 2620 MACEY & MERSHON OIL INC. 2. 500000 OI 12753 C A PATCHEN 0. 500000 OI 28846 ROBERT L SNYDER 0. 691250 OI 28851 JOHN D CRANOR 0. 875000 OI 22971 WELD COUNTY C/O ge° 6. 250000 RI BOARD OF COUNTY COMMISSIONERS 29471 SYLVESTER J LADDING AND 7. 500000 RI DOROTHY ANN BADDING J/T 28231 COLTON & COLTON 8. 316960 WI 28625 BASIN EXPLORATION INC FOR 71. 558750 WI NIELSON PROPERTIES 28866 DONNA STORM BARROW TTEE 0. 904020 WI NINA SUE STORM 1989 TRUST 43414 RICHARD R. STORM 0. 904020 WI *** 100. 000000 03 B 1283 REC 02234448 11/29/90 16: 4REGORDE0.00 CO,F 1653 MARY ANN FEUERSTEIN Hello