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HomeMy WebLinkAbout560005.tiff TO SIGN AMENDMENT LEASE WITH THE CALIFORNIA COMPANY: BE IT RESOLVED, by the Board of County Commissioners of Weld County, Colorado, that they accept said amendment lease by signing said amendment lease, copy of amendment lease hereto attached, with The California Company. Reference is hereby made to the Records of the Weld County Recorder, Book 1412 Page 46 AYES: 041-41-1 THE BoAnb OF C Y COMMISSIONERS WELD COUNTY, ORADO DATED: DECEMBER 21, 1956. 56/000y5 (1,/ii\HL 1kk File _ ni0. ._.. _I. .....,.. TO SIGN AMENDMENT LEASE WITH THE CALIFORNIA COMPANY TS - 66W Lots 4, 5, 7, 8, 9, 10, 11, 12, 16, 17, 20, 22,23, 24, 25, 26, 27, 29, in Block 9, First Addition Pierce and also Lots 21, 28, in Mock 9, First Addition I Pierce I el, �s9 - APPROVED the c,\\ °1 day of 1Qx„ig, -eJ - J J. D. ,9s L . li�/�/.n.: �/, ` vile,. Cl`� ..� nirmr,n Board County Lom�::,"ssty cs. AMENDMENT TO OIL AND GAS LEASES THIS AGREEMENT, dated the 2lstday of December, 1956, by and between THE COUNTY OF WELD, STATE OF COLORADO, acting by and through its Board of County Commissioners, First Party (hereinafter sometimes called "Lessor"), and THE CALIFORNIA COMPANY, a California corporation, Second Party (hereinafter sometimes called "Lessee"). WHEREAS, heretofore on February 18, 1954, BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO, Lessor, made and executed unto THE CALIFORNIA COMPANY, a California corporation, Lessee, an Oil, Gas and Mineral Lease covering certain lands in Weld County, Colorado, said Lease being recorded in Book 1382, Page 550 of the records of the County Clerk of Weld County, Colorado, reference thereto being made for all purposes; and, WHEREAS, heretofore on September 22, 1954, BOARD OF COUNT COMMISSIONERS OF WELD COUNTY, COLORADO, Lessor, made and executed unto THE CALIFORNIA COMPANY, a J .a\ California corporation, Lessee, an Oil, Gas and Mineral Lease covering certain Aegis/ / Cm Book 1401, Page 611, and re-recorded 3//v f ,(f in Weld County, Colorado, said Lease being recorded in/Roik 1412, Fags 46 of the react s ., of the County Clerk of said county, reference thereto being made for all purposes; and, NIItluAB, said leases were previously amended by instrument dated August 17, 1955, and was recorded in Book 1435, Page 370 of the records of the County Clerk of said county, reference thereto being made for all purposes; end, WHEREAS, the parties hereto are still the owners, respectively, of all of Lessor's and Lessee's rights, title and interest in and to said 1 ; and, WHEREAS, it is the desire of the parties hereto that said leases, as previously amended, be amended. • NOW, THEREFORE, for and In consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree that Paragraph 9 of each of the above-listed leases be amended, to read as follows: 9.a. Lessee may at any time or times, pool or consolidate this lease, in whole or in part, or as to any stratum or strata with adjacent lands and leases, so as to constitute a unit hereinafter called Production Unit, not substantially exceeding the Ras required for the most efficient and economical location and spacing of wells in the field or pool, but not exceeding ninety acres (90) if oil is produced or six hundred and sixty acres (660) if gas only is produced, by filing for record, an instrument so declaring, a copy of which shall be mailed to Lessor or to the depository bank. Drilling, mining or re-working operations upon, or pro- duction ti of any mineral from any part of any such Production Unit, shall be treated, for all purposes hereunder, as such operations upon or such production from this lease, mad shall satisfy any obligation, expressed or implied for the drilling or producing of wells hereunder. Upon production from any part of any such Production Unit, Lessor shall be entitled to royalties calculated as follows: There shall be allocated to the portion of this lease included in such Production Unit, a fractional part of such pro- duction based on the ratio that the number of acres in this lease included in such Production Unit boars to the total number of acres included in such Production Unit, and Lesser shell be entitled to the royalties of this lease provided, on such fractional part of such production, and no more. 9.b. Lessee may use an Automatic Metering System in determining the production from any such Production Unit. It is further agreed that Lessee may commingle in a common tank battery, all oil pro- duced from the Pierce Field and determine that portion of the total production from said Pierce Field attributable to the wells producing from any such Production Unit by means of an Automatic Metering System set up as a separate measuring device for such Production Unit. Production from any ono production unit will not be commingled with that from any other Production Unit until after it has passed through its separate Automatic Metering System. In any mamt$ in which there is a discrepancy between the total pro- duction, as shown by the total metered readings from the Automatic Metering System from all contributing Production Units, and the total production determined by gauging the common storage battery, then, in that event, the gauged production shall be considered as controlling, and production attributed to any particular Production Unit shall be adjusted upward or downward in the ratio that the metered production of this Production Unit bears to the total metered production for all Production Units gathered into the common storage battery. In all other respects said leases remain unchanged, and as modified herein, are hereby ratified and confirmed as being valid and subsisting leases, and Lessor hereby grants and leases to Lessee the lands described therein, for the purposes, and upon the terms and conditions set forth in said Oil, Gas and Mineral Leases as hereby amended. THIS ACREBNENT, and the rights extended and designated hereby, shall extend to and be binding upon the heirs, executors, assigns and legal representatives of the parties hereto. IN WITNESS WHEREOF, we have hereunto set our hands this 21st day of December, 1956. BOARD OF COUNTY CA MISSIONERS OF ATTEST: lur, r /FA , , WELD COUNTY, COLORADO . couNry c IC Byt/4;--7.---Ler_zi,--4 1s By :�^ -c, A Deputy: Couny Clark ��`�/ frf/ii�/ CCs y FIRST LESSOR TEE CALIFORNIA COWPART By Its Hy Its SECOND PARTY AND LASSIE -2- STATE OF COLORADO ) ) SS. COMM OF WELD ) The foregoing instrument was acknowledged before me this 21st da DECEMBER , 1956, by Elmer L. Shultz , aita , and Cleo. L. Andersen and Lori J. Magnuson, commissioners, nuaru us cuuut.y Commissioners, and ANN SPOMER, County Clerk by Liz Clerk of the Board of County Commissioners of Weld County, Colorado. WITNESS MY hand and official seal, Notary Public my commission expires: DEC STATE OF LOUISIANA ) ) SS. PARISH OF ORLEANS ) On this day of , 1956, before me appeared and to me personally known, who, teing by me duly sworn did say that they are the and respectively, of THE CALIFORNIA COMPANY, a California corporation, and that the seal affixed to said instrument is the corporate seal of said corporation and that said instrument was signed and sealed in behalf of said corporation by authority of its Board of Directors, and said appearers acknowledged said instrument to be the free act and deed of said corporation. IN WITNESS WHEREOF I have hereunto set my official hand and seal on the date hereinabove written. Notary Public in and for Orleans Parish, Louisiana. My commission expires at death. Hello