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HomeMy WebLinkAbout931064.tiff RESOLUTION RE: AUTHORIZE RATIFICATION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO, LOCATED IN SW* 515, AND NI 522, T5N, R64W 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 owner of vast acres of mineral lands located in Weld County, Colorado, and WHEREAS, on May 9, 1984, Weld County, through its Board of County Commissioners, as Lessor, did execute and deliver to Golden Buckeye Petroleum Corporation, as Lessee, an oil and gas lease, which was recorded in Book 1032, Rec. No. 1969212 of the Deed Records of Weld County, Colorado, and described as follows: A tract of land situated in the SW* of Section 15 and the Ns of Section 22, Township 5 North, Range 64 West of the 6th P.M. , Weld County, Colorado WHEREAS, said lease and all rights and privileges thereunder are now owned and held by Snyder Oil Corporation, etal, and WHEREAS, the Board has been presented with a Ratification of Oil and Gas Lease, and WHEREAS, the Board, after review, deems it advisable to approve a Ratification of Oil and Gas Lease, 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 Ratification of Oil and Gas Lease in favor of or for the benefit of Snyder Oil Corporation, etal, be, and hereby is, ratified. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said ratification. 931064 LE. oOI3 CG : /Jfr/ , / C{'//,!r,�ctrl RATIFY OIL AND GAS LEASE - GOLDEN BUCKEYE PETROLEUM CORP. PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 13th day of October, A.D. , 1993. A I //,/ , BOARD OF COUNTY COMMISSIONERS ATTEST: // I , , WELD COUNTY, COLORADO Weld County Clerk to the Board „<Y/z�z,G�s�!/i Constance L. Ha ert, Chairman BY: Deputy ler to the Board W. ebs er, _Tem APPROVED AS TO FORM: ( eorg Baxte � L ounty Attor ey Dal K. Hall C /%‘c A___,' Barbara J. Kirkmeye 931064 AR2356119 RATIFICATION OF OIL AND GAS LEASE WHEREAS, heretofore, on the 9th day of May, 1984, Weld County, through its Board of County Commissioners, as Lessor, did execute and deliver to Golden Buckeye Petroleum Corporation, as Lessee, an oil and gas lease, which was recorded in Book 1032, Rec. No. 1969212 of the Deed Records of Weld County, Colorado, and described as follows: Township 5 North, Range 64 West, 6th P. M. A tract of land situated in the SW4 of Sec. 15 and the N2 of Sec. 22 Said lands being more fully described in said lease, to which lease and its record, reference is hereby made for all purposes necessary hereto, and WHEREAS, said lease and all rights and privileges thereunder are now owned and held by Snyder Oil Corporation, etal, and WHEREAS, it is the desire of the undersigned, to adopt, ratify and confirm said lease, and to grant, lease and let the subject lands, in accordance with the terms and provisions hereof. NOW THEREFORE, in the consideration of the premises and the sum of. $1.00, and other good and valuable considerations, cash in hand paid to the undersigned by said Snyder Oil Corporation, the receipt and sufficiency of which is hereby acknowledged and confessed, I, or we, the undersigned, jointly and severally, do hereby adopt, ratify and confirm said lease, and all of its terms and provisions, and do hereby grant, lease, and let to said Snyder Oil Corporation, etal, any and all interest which I, or we, the undersigned, now have, or may hereafter acquire, either by conveyance, devise, inheritance, or operation of law, and whether, vested, expectant, contingent or future, in and to the subject lands, in accordance with the each and all of the terms and provisions of said lease, and as fully and completely, as if the undersigned, had originally executed, acknowledged and delivered said lease, as one of the Lessors herein, either on the date thereof, or on the date hereof, and the undersigned declare, each for themselves, that said lease and all of its terms and provisions are binding on the undersigned and is a valid and subsisting oil and gas lease. All future drilling deferment or delay rentals due under said lease may be payable to the original Lessor or Lessors in said lease, and/or to their respective heirs, devisees, successors or assigns, as therein provided, and in the amount and at the depository bank therein stated, or at a successor bank duly nominated, and said Snyder Oil Corporation, etal, shall have all of the rights, privileges and options, as to the interest in the subject lands owned by the undersigned, as are conferred by the provisions of said lease to the original Lessee therein, or as subsequently modified in favor of or for the benefit of said Snyder Oil Corporation, etal. This agreement shall extend to and be binding upon the heirs, executors, administratois.,. garyccessors, and assigns of each of the undersigned. WITS . w- IS 13TH day of OCTOBER , 1993. Attest: WELD WELD COUNTY, through its Board of County ,,. Co iseioners BY; 4-44lli. i -t7 -RD By/Title: o/ DEPUTY CLERK TO BOARD � CHAIRMAN C ,K. 411 ACKNOWLEDGMENT-INDIVIDUAL .. ..C Cony of dEt ; \t,9j�,• 0f.'Bore• i�; .t ti he undersigned, a Notary Public in and for said County and SthtC,0pnCttis 13THday of OCTOBER , 1993, personally appeared CONSTANCE L. HARBERT , to me known to be the identical person(s) described in and who executed the within and foregoing instrument of writing and acknowledged to me that SHE duly executed the same as HER free and voluntary act and deed for the purposes therein set forth. Witness my hand and seal this um day of OCTOBER , 1993. My Commission expires: �)��� 0( //(k. �( !/till nnl, Notary RUblic 1 HJ�e B 1407 RFC 02356119 10/21/93 16 : 07 $0 . 00 1 /001 nCn F 1888 MARY ANN FEUERSTEIN CLERK 5 RECORDER WELD CO, COl1�3 HIGH PLAINS 1600 froadmay -105 Ross Avenue PO Box 4110 Suite 1565 Gillette, Meadville, Denver Colorado 80202 Wyoming 82716 Pennsylvania 16335 Telephone lhlephone Telephone _ (3113)830-0888 (307) 686-1655 (8141 382-3171 Facsimile Facsimile Facsimile ASSOCIATES, I N C. (3031 830-2818 (3071 686-1201 (8141 382-1463 I ,r 1(-I ir-77:-3c s ti October 7, 1993 'iI_�-52, 1jIii j •' fi III OCT 031993 Bruce Barker fl 0, �f • ^� Weld County Attorney P. O. Box 1948 .°''ELD COUNTY Greeley, CO 80632 ATTORNEY'S OFF=ICE RE: Township 5 North, Range 64 West Tract in SW4 of Section 15 and N2 of Section 22 containing 7.07 acres Weld County, CO Dear Bruce: This letter shall confirm my understanding in our telephone conversation of September 22 that the oil and gas lease dated May 9, 1984 from Weld County, as lessor, to Golden Buckeye Petroleum Corporation, as lessee, recorded at Book 1032, Reception Number 1969212 covering the captioned lands, is in fact a paid- up lease, regardless of the apparent ambiguity between the Resolution of the Board of County Commissioners and the text of the lease itself. Also, we have been asked by Snyder Oil Corporation to provide drilling title opinion curative, including Ratifications of all leases in a drilling and spacing unit, prior to drilling. Snyder Oil, as operator and owner of a partial working interest in the subject lease, and others, proposes a new well located in the W2SW4. This lease is held by production by virtue of a well located in the E2SW4 of Section 15. Therefore, enclosed for your review and signature by the appropriate authorized party is a Ratification of this oil and gas lease. The Ratification will also serve to put to rest any questions arising from the referenced ambiguity regarding the status of the lease. If you would return the executed Ratification to me in the enclosed envelope, it would be most appreciated. Thank you for your help with my request. If you have any questions or comments, please contact me at the Denver address above. Sincerely yours,7H PLAINS SSOCIATES,ES, INC. i R bert D. ear s-ict4 X EUL)/3 Hello