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RESOLUTION
RE: GRANT EXTENSION OF OIL AND GAS LEASE TO PAN CANADIAN
PETROLEUM COMPANY
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
oil and gas lease currently held by Pan Canadian Petroleum Company
which expires on August 5 , 1990, and
NO
c U WHEREAS, said lease covers land more particularly described
- as follows:
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a
o w Section 21 : E} , W} , Township 7 North, Range 63
o3 West of the 6th P.M. , Weld County, Colorado
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OWHEREAS, Dean L. Cummins, on behalf of Pan Canadian Petroleum
U Company, submitted a request on July 30 , 1990 , that the Board of
W County Commissioners grant an extension of said oil and gas lease,
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and
O
a
w WHEREAS, pursuant to Weld County' s policy concerning the
ow extension of oil and gas leases , Dean L. Cummins, on behalf of Pan
• Z Canadian Petroleum Company, has submitted $3 ,522 . 13 , representing
o w one-third of the original bonus and $1 . 00 per acre rental, and
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W WHEREAS, the Board deems it appropriate to extend said oil
� w and gas lease with Pan Canadian Petroleum Company to, and until,
N w February 5, 1991 .
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O NOW, THEREFORE, BE IT RESOLVED by the Board of County
c5 U Commissioners of Weld County, Colorado, that the extension of the
°y oil and gas lease with Pan Canadian Petroleum Company, pertaining
N to the above-described parcel, to February 5, 1991 , be, and hereby
rao is, granted on this 6th day of August, 1990 , nunc pro tunc, August
ri c 5, 1990 .
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900676
Page 2
RE: EXTENSION OF LEASE - PAN CANADIAN PETROLEUM COMPANY
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 6th day of
August, A.D. , 1990 , nunc pro tunc, August 5 , 1990 .
�� 71 7/% BOARD COUNTY COMMISSIONERS
ATTEST: /DIY/il WELD UNTY, COLO DO
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Weld County', Clerk `t+d .the Board
Le) C/`�\� Gene R. Brantner, C airman
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900676
OFFICE OF BOARD OF COUNTY COMMISSIONERS
PHONE (303) 356-4000, EXT. 4200
PO. Box 758
GREELEY, COLORADO 80632
C�
COLORADO
October 16, 1990
Dean L. Cummins
1223 28th Avenue, Suite 1
Greeley, CO 80631
RE: Extension of Oil and Gas Leases
Dear Mr. Cummins:
This letter is in response to your letter dated October 12, 1990, which
requests extension of two oil and gas leases executers by Weld County with Pan-
Canadian Petroleum Company as Lessee.
Enclosed please find a copy of the Board's Resolution dated August 6, 1990,
nunc pro tune August 5, 1990. The Resolution extends the expiration date for
the two oil and gas leases to February 5, 1991. The leases cover land
described as the Northeast Quarter (NE}) , South Half (Si) Northwest Quarter
(NW}) , Southeast Quarter (SE}) , and Southwest Quarter (SW}) , Section 15,
Township 7 North, Range 63 West of. the 6th P.M. , Weld County, Colorado.
It is the Board's understanding that you were advised by Bruce T. Barker,
Assistant Weld County Attorney, on or about Friday, August 3, 1990, and/or
Monday, August 6, 1990, that the leases had been extended to and until February
5, 1991. Your October 12, 1990, letter states that you were first advised of
the extension as of October 5, 1990; however, the Board believes that you are
incorrect in your representation. In any event, the Board finds it hard to
believe that you somehow failed to contact the Clerk to the Board's Office soon
after August 6, 1990, in order to ascertain whether or not the leases had been
extended for your requested of 6 month period of time.
The Board hereby denies your request for an extension of the lease termination
date beyond February 5, 1991.
Sincerely,
BOARD OF COUNTY CONAIISSIONERS
WELD COUNTY, COLORADO
Art
Gene R. Brantner, Chairman
BTB:GRB:rm
xc: Bruce T. Barker, Asst. County Attorney
•
DEAN L. CUMMINS, Consultant •
Certified Petroleum Geologist
Certified Professional Geologist
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October 12, 1990
Clerk to the Board
Weld County Commission
Greeley, Colorado
Further to my letter of July 30, 1990 requesting an extension for two Oil and Gas Leases executed by
Weld County for the favor of PanCanadian Petroleum Company,which leases would have expired by
their term on August 5, 1990. On October 5, 1990 I received advice that this request had been
approved, which means that almost two months of the requested extension had expired.
I am in the process of completing a deal which will cause a deep well (Lyons) to be drilled on the
subject lands,which may inure to the benefit of all concerned. I am therefore requesting an additional
60 day extension (to replace the 60 days which were lost to me during the approval process) to enable
me to complete my drilling deal. It would seem that it would be of greater benefit to Weld County
to have the well drilled,with the potential resulting royalty, than to have the leases go back into the
unleased minerals inventory.
I hope for Board approval in this matter. Thank you for your consideration.
Respectfully,
r
Dean L.Cummins
DLC:dh
I
1223 28th Avenue, Suite 1
Greeley, Colorado 80631
Phone: (303) 353-0214 Greeley
(303) 659-3451 Denver
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