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RESOLUTION
RE: RESCIND RESOLUTION APPROVING OIL DIVISION ORDER TO PHIBRO ENERGY USA, INC.
DATED FEBRUARY 8, 1993, AND APPROVE REVISED OIL DIVISION ORDER TO PHIBRO
ENERGY USA, INC. 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, by Resolution on February 8, 1993, the Board did approve an Oil
Division Order to Phibro Energy USA, Inc. , on which the legal description was
described in error as follows:
Township 5 North, Range 64 West, 6th P.M.
Section 35: NZ NE4
Weld County, Colorado
WHEREAS, Weld County, Colorado, has received a Revised Oil Division Order
to Phibro Energy USA, Inc. , 500 Dallas Avenue, Suite 3200, Houston, Texas 77002,
and
WHEREAS, said Revised Division Order covers land more particularly
described as follows:
Township 5 North, Range 64 West, 6th P.M.
Section 13: WZ NE4
Weld County, Colorado
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 Revised Division Order, a copy of which is attached hereto and
incorporated herein by reference, and
WHEREAS, said Revised 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 rescind the Oil Division Order
which was approved on February 8, 1993, and
WHEREAS, the Board deems it advisable to approve said Revised 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 Resolution dated February 8, 1993, approving an Oil
Division Order to Phibro Energy USA, Inc. be, and hereby is, rescinded.
BE IT FURTHER RESOLVED by the Board that the Revised Oil Division Order to
Phibro Energy USA, Inc. , 500 Dallas Avenue, Suite 3200, Houston, Texas 77002,
on the hereinabove described parcel of land be, and hereby is, approved.
930188
/ -a/4l - �
DIVISION ORDER - PHIBRO ENERGY USA, INC.
PAGE 2
BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is,
authorized to sign said Revised Division Order.
The above and foregoing Resolution was, on motion duly made and seconded,
adopted by the following vote on the 22nd day of February, A.D. , 1993.
[/�� /� BOARD OF COUNTY COMMISSIONERS
ATTEST: J f : Pd.% WELD COUNTY, COLORADO
a�yyll Boar � u) !Y
L T
Weld County Clerk to the Board
Constance L.
H rbert, Chairman
BY: de, S c� rl 44- - ���`,��+i / 7Lil
Deputy Clerk to the Beams J\\ W. . Webstef, -Tem III
APPROVED AS TO FORM: fo •
• r
or e-2 Bax�t�e� ,�ii
County Attoo ey Dal K. Hall
/Barbara J. Kirkmey@r O
930188
3 i C DIVISI0N ORDER 1
Lease No. 05027000
To PHIBRO ENERGY USA,INC DATE JANUARY 2 8, 19 9 3
Gathering Division
500 Dallas Avenue,Suite 3200
Houston,Texas 77002
Each of the undersigned severally and not jointly certifies it is the legal owner of the interest set out below of all the oil produced from the PARKER &
PARSLEY - LOHR 13-1 farm or lease,located in WELD County/Parish,State of COLORADO
more particularly described as follows
N/2 NE/4 Section 35-5N-64W, 6th P.M. , Weld County, Colorado
Effective 7 a m JANUARY 01, 1993 and until further written notice,subject to the conditions,covenants
and directions hereof,Phibro Energy USA,Inc (Payor),its successors and assigns,are authorized to receive and purchase such oil and to give credit to the following
OWNER LEASE INTEREST CREDIT TO
NO NO NAME AND ADDRESS
05027000 FOR DIVISION OF INTEREST SEE REVERSE
SIDE HEREOF.
,_____„,,)
THIS AGREEMENT DOES NOT AMEND ANY LEASE OR OPERATING AGREEMENT BETWEEN THE INTEREST OWNERS AND THE LESSEE OR
OPERATOR OR ANY OTHER CONTRACTS FOR THE PURCHASE OF OIL
The following provisions apply to each Interest owner(Owner)who executes this agreement
TERMS OF SALE The undersigned will be paid in accordance with the division of interests set out above The payor shall pay all parties at the price agreed
to by the operator for oil to be sold pursuant to this division order Purchaser shall compute quantity and make corrections for gravity and temperature and make
deduction for impurities
PAYMENT From the effective date,payment is to be made monthly by payor's check,based on this division of interest,for oil run during the preceding calender
month from the property listed above,less taxes required by law to be deducted and remitted by payor as purchaser Payments of less than$25 00 may be accrued
before disbursement until the total amount equals$25 00 or more,or until December 31 of each year,whichever occurs first Payee agrees to refund to payor
any amounts attributable to an interest or part of an interest that payee does not own
INDEMNITY Owner agrees to indemnify and hold payor harmless from all liability resulting from payments made to the owner in accordance with such division
of interest,including but not limited to attorney fees or judgments in connection with any suit that affects owner's interest to which payor is made a party
DISPUTE WITHHOLDING OF FUNDS If a suit is filed that affects the interest of owner,written notice shall be given to payor by the owner together with
a copy of the complaint or petition filed In the event of a claim or dispute that affects title to the division of interest credited herein,payor is authorized to withhold
payments accruing to such interest,without interest unless otherwise required by applicable,statute,until the claim or dispute is settled
TERMINATION Termination of the agreement is effective on the first day of the month that begins after the 30th day after the date written notice of termination
is received by either party
NOTICES Owner agrees to notify payor in writing of any change in the division of interest,including changes of interest contingent on payment of money or
expiration of time No change of interest is binding on payor until a copy of the recorded instrument of change or documents satisfactorily evidencing such change
are furnished to payor Any change of interest shall be made effective on the first day of the month following receipt of such notice by payor Any correspondence
regarding this agreement shall be furnished to the addresses listed unless otherwise advised by either party
IMPORTANT NO PAYMENT WILL BE MADE UNTIL PHIBRO ENERGY USA,'Ng HAS YOUR SOCIAL SECURITY/TAXI D NUMBER
WITNE Saidel4 SIGNATURE OF OWNER OWNER'S SOCIAL SECURITY OR
ATTEST: WELD COUNT OLORADO IRS TAX ACCOUNT NUMBER
er to oard • x 84-6000813
By, Constance L. Harb rt, Chairman
Deputy ler to-Bo Weld County Boardlof Commissioners 02/10/93
P.O. Box 758
Greeley, Colorado 80632
51901 R
L -Ot t4 I layout if.iititute wi'tiesset1? - -- 1s ytuit eo nett'itl(hes shown') - —to-- Include Zip Code
EXHIBIT - A
01 /28/93 PAGE 1
LEASE NUMtER : 05027000
_EASE NAME : LOHR 13-1 s.
+_CATION : WELD CO
'' NER NU. INTEREST CREDIT TO
13 pc, 0. 00386900 0 PARKER °x PARSLEY DEVELOPMENT CO
P 0 BOX 3178
MIDLAND TX 79702-3178
51; . C 0. 05438120 0 ENERGY MINERALS CORP
518 17TH #1010
DENVER CO 80202-4111
51 = 0: 0. 00140620 R WELD COUNTY COLORADO
X BOARD OF COUNTY COMMISSIONER
P 0 BOX 758
GREELEY CO 8062
52750 0. 12359380 R RALPH LOHR
29333 WCR #88
KERSEY CO 80644
** 72501 0. 81674980 W PDP 88 DRILLING PROGRAM
P 0 BOX 880245
DALLAS TX 75388-0245
1. 00000000
y4�
•
9;2°134
DIVISION ORDER U
,i0 AR232366r
R E V I I S E D Lease No. 05027000
To PHIBRO ENERGY USA, INC. DATE FEBRUARY 12, 1993
Gathering Division
500 Dallas Avenue,Suite 3200
Houston,Texas 77002
Each of the undersigned severally and not jointly certifies it is the legal owner of the interest set out below of all the oil produced from the PARKER &
PARSLEY - LOHR 13-1 farm or lease,located in WELD County/Parish,State of COLORADO
more particularly described as follows
W/2 NE/4 SECTION 13-5N-64W, 6TH P.M., WELD COUNTY, COLORADO
B 1372 REC 02323668 03/02/93 16 :34 $0 .00 1/002
F 1081 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
Effective 7 a m JANUARY 01, 1993 and until further written notice,subject to the conditions,covenants
and directions hereof,Phibro Energy USA,Inc (Payor),its successors and assigns,are authorized to receive and purchase such oil and to give credit to the following
OWNER LEASE INTEREST CREDIT TO
NO NO NAME AND ADDRESS
05027000 FOR DIVISION OF INTEREST SEE REVERSE
SIDE HEREOF.
THIS AGREEMENT DOES NOT AMEND ANY LEASE OR OPERATING AGREEMENT BETWEEN THE INTEREST OWNERS AND THE LESSEE OR
OPERATOR OR ANY OTHER CONTRACTS FOR THE PURCHASE OF OIL
The following provisions apply to each interest owner(Owner)who executes this agreement
TERMS OF SALE The undersigned will be paid in accordance with the division of interests set out above The payor shall pay all parties at the price agreed
to by the operator for oil to be sold pursuant to this division order Purchaser shall compute quantity and make corrections for gravity and temperature and make
deduction for impurities
PAYMENT From the effective date,payment is to be made monthly by payor's check,based on this division of interest,for oil run during the preceding calender
month from the property listed above,less taxes required by law to be deducted and remitted by payor as purchaser Payments of less than$25 00 may be accrued
before disbursement until the total amount equals$25 00 or more,or until December 31 of each year,whichever occurs first Payee agrees to refund to payor
any amounts attnbutable to an Interest or part of an interest that payee does not own
INDEMNITY Owner agrees to indemnify and hold payor harmless from all liability resulting from payments made to the owner in accordance with such division
of interest,including but not limited to attorney fees or judgments in connection with any suit that affects owner's interest to which payor is made a party
DISPUTE WITHHOLDING OF FUNDS If a suit is filed that affects the interest of owner,written notice shall be given to payor by the owner together with
a copy of the complaint or petition filed In the event of a claim or dispute that affects title to the division of interest credited herein,payor is authorized to withhold
payments accruing to such interest,without interest unless otherwise required by applicable statute,until the claim or dispute is settled
TERMINATION Termination of the agreement is effective on the first day of the month that begins after the 30th day after the date written notice of termination
is received by either party
NOTICES Owner agrees to notify payor m wnting of any cnange in the division or interest,int.luulug ldidnguu Vl 1111G1GJl l.Ullllllgelll Ull payment Ul uivuvi Vl
expiration of time No change of interest is binding on payor until a copy of the recorded instrument of change or documents satisfactorily evidencing such change
are furnished to payor Any change of interest shall be made effective on the first day of the month following receipt of such notice by payor Any correspondence
regarding this agreement shall be furnished to the addresses listed unless otherwise advised by either party
IMPORTANT NO PAYMENT WILL BE MADE UNTIL PHIBRO ENERGY USA,INC HAS YOUR SOCIAL SECURITY/TAX I D NUMBER
WITN ES SIGNATURE OF OWNER OWNER'S SOCIAL SECURITY OR
ATT /J t IRS TAX ACCOUNT NUMBER
dd / rt + WEL UNTY COLORADO
X ,114 /V ,"f i 1 BY. - 3 X 84-6000813
WELD COUNTY LE TO.,$,QARD CHA RMAN, WELD COUN BOARD OF COMMISSIONERS
BY.
�( >1 P.0. BOX 758
DEPUTY LERKttAR41.7 FORM" ORDS _
A
NOT TO BE RETURNED
930188 _
51901 R I �p?�fitgg�1
Lr%(-)/ Lf/ Is your signature witnessed'' —ea—— — Is your correct address shown' �— —2;trAt 's'; 5:,de
EXHIBIT - A
01 /28/93 PAGE 1
LEASE NUMBER : 03027000
LEASE NAME : LOHR 13-1
LOCATION : WELD CO
OWNER NO. INTEREST CREDIT TO
13980 0. 00386900 0 PARKER & PARSLEY DEVELOPMENT CO
P O BOX 3178
MIDLAND TX 79702-3178
51830 0. 05438120 0 ENERGY MINERALS CORP
518 17TH M1O1O
DENVER CO 80202-4111
51901 0. 00140620 R WELD COUNTY COLORADO
+. aa.% n� nroiuw nnuu�ce+n�enr
P O• BOX 758
GREELEY CO 80632
52750 0. 12359380 R RALPH LOHR
29333 WCR *88
KERSEY CO 80644
** 72501 0. 81674980 W PDP 88 DRILLING PROGRAM
P 0 BOX 880243
DALLAS TX 75388-0243
1. 00000000
B 1372 REC O
F 1082 MARYANN3FEUERSTEION/93
CLERK6&3RECORDE0 WELD /002
CO, CO
c
930188
WV&
"" Phibro USA
an
Phibro Energy USA, Inc. _.
500 Dallas Ave., Suite 3200
Houston, TX 77002-4709 • - re-^1
(713) 659-3525
(713) 646-5275/fax
3736083/telex C
February 12, 1993
Weld County Colorado
c/o Board of County Commissioner
P.O. Box 758
Greeley, Colorado 80632
Re: 05027 - Lohr 13-1
Weld County, Colorado
Gentlemen:
Per our conversation with Shelly Miller enclosed is a revised
division order which reflects the correct property description.
Please secure proper execution (two witnesses or attest) , enter the
tax identification number and return one copy to us in the enclosed
envelope.
Thank you for your attention to this matter.
Sincerely,
PHIBRO ENERGY USA, INC.
(2d
Sue Clark
Division Order Analyst
(713) 646-5368
Enclosure
X018. ;
" Phibro USA
Phibro Energy USA, Inc.
500 Dallas Ave., Suite 3200
Houston, TX 77002-4709 -- -- ��
(713) 659-3525 -(713) 646-5275/fax
3736083/telex
February 5, 1993
TO ALL OWNERS OF INTEREST
RE: 05027 - LOHR 13-1
Weld County, Colorado
Dear Owner:
It has recently come to our attention that our division order
issued January 28, 1993 reflected an incorrect property
description. The correct description is as follows:
W/2 NE/4 Section 13-5N-64W, 6th P.M.
Please attach this letter to your file copy of the division order.
Thank you for your attention to this matter and please call should
there be any questions.
Sincerely,
PHIBRO ENERGY USA, INC.
Sue Clark
Division Order Analyst
(713) 646-5368
930188
Phibro USA
Phibro Energy USA, Inc.
500 Dallas Ave., Suite 3200
Houston, TX 77002-4709
(713) 659.3525
(713)646-5275/fax
3736083/telex
January 26, 1993
TO ALL OWNERS OF INTEREST
RE: 05027 - Lohr 13-1
Weld County, Colorado
Dear Owner:
Effective January 1, 1993 Phibro Energy USA, Inc. has been
designated purchaser of oil sold from the referenced lease. We are
enclosing two copies of our division order for your execution.
If your interest is shown correctly please execute before two
witnesses (corporations must attest) , enter your federal tax
identification number and return one copy to us in the enclosed
envelope. Upon receipt of a signed division order your interest
will be placed in line for payment.
Thank you for your attention to this matter and please do not
hesitate to call should there be any questions.
Sincerely,
PHIBRO ENERGY USA, INC.
Sue Clark
Division Order Analyst
(713) 646-5368
Enclosure
930198
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