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Home My WebLink About930123.tiff RESOLUTION RE: APPROVE OIL DIVISION ORDER TO PHIBRO ENERGY USA, INC. FROM PARKER AND PARSLEY DEVELOPMENT COMPANY 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, has received an Oil Division Order to Phibro Energy USA, Inc. , 500 Dallas Avenue, Suite 3200, Houston, Texas 77002, from Parker and Parsley Development Company, P. 0. Box 3178, Midland, Texas 79702-3178, and WHEREAS, said Division Order covers land more particularly described as follows: Township 6 North, Range 64 West, 6th P.M. Section 30: Si SEI 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 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 Division Order to Phibro Energy USA, Inc. , 500 Dallas Avenue, Suite 3200, Houston, Texas 77002, from Parker and Parsley Development Company, P. 0. Box 3178, Midland, Texas 79702-3178, 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. 930123 I *=- ,-\ IU n ,.a .P.b. 3P,, -4....CP P); 6-e-) DIVISION ORDER - PHIBRO ENERGY USA, INC. PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 1st day of February, A.D. , 1993. /�/J�� BOARD OF COUNTY COMMISSIONERS ATTEST: :I7 COUNTY, COLORADO Weld County Clerk to the Board /717c¢� Al; Z�' y/ r�1J, ,/mil*_ Cons(/tj/ance L. Har ert, Chairman BY: uty Clerk tO th'e Board�� W. H.) bs 114 �A ),Q�4-4 p APP D AS TO FORM: G orge Eflaxt r County Attorney Dal K. Hall Barbara J. Kirkmeye 930123 DIVISION ORDER AK23cQ97S Lease No. 05012000 To PHIBRO ENERGY USA,INC. DATE JANUARY 21, 1993 Gathering Division 500 Dallas Avenue,Suite 3200 Houston,Texas 77002 PARKER & 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 PARSLEY — BLEHM 30-1 (PA farm or lease,located in WELD County/Parish,Stateof COLORAnn more particularly described as follows: S/2 SE/4 Section 30-6N-64W, 6th P.M. , containing 80 acres more or less LIMITED from the surface to the stratigraphic equivalent of 7, 135' Weld County, Colorado Effective 7 a.m. •TANUAPY_ 01 199 3 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 NAME AND CREDIT TO ADDRESS NO. NO. • 05012000 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 6,tere,st,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,INC.HAS YOUR SOCIAL SECURITY/TAX I.D.NUMBER. WITN ES: SIGNATURE OF OWNER: OWNER'S SOCIAL SECURITY OR o IRS TAX ACCOUNT NUMBER ATTEST: pi, it WELD COU COLORADO '��`/��` / �p�/,� 84-6000813 BY: XW �Y� D BY ` N$TANCE L. A ,C CHAIRMAN � / Q WELD COUNTY BOARD 0 tigERS 02/03/93 X EPUTY CL RK TO ARC \, E �U��'"'((LVJ FOR *OUR ER RETURNED N O-BREEL$P; aT 80632 51901 R 930123 _Isvoursignat B 1369 REC 02320970 02/05/93 15 :50 $0 . 00 1/002 Code d,� (�� If0 F 1847 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT - A 01/21/93 PAGE 1 LEASE NUMBER : 05012000 LEASE NAME : BLEHM 30-1 (PARKMAN) LOCATION : WELD CO OWNER NO. INTEREST CREDIT TO 13980 0. 19390304 W PARKER & PARSLEY DEVELOPMENT CO P 0 BOX 3178 MIDLAND TX 79702-317f 298&3 0. 11918794 W PARKER & PARSLEY 87-B GP P 0 BOX 3178 MIDLAND TX 79702-317E 277G.1,4 0. 48675902 W PARKER & PARSLEY 87-B LP P 0 BOX 3178 MIDLAND TX 79702-317E 44900 0. 00240000 W D R DODSON _ 2310 CIMMARON MIDLAND TX 79705 51830 0. 07275000 0 ENERGY MINERALS CORP • 518 17TH *1010 DENVER CO 80202-4111 51895 0. 01515620 R JANICE FISHER 2805 MURRAY HILL PIKE LOUISEVILLE KY 40222-2927 51896 0. 01515630 R L JUNE LEHAN 5380 DRESSAGE DR BONITA CA 92002-9995 51897 0. 03031250 R HAROLD R UHRICH CO 31386 WCR *51 GREELEY CO 80631-9633 51899 0. 03031250 R EMMA UHRICH CO 31386 WCR *51 GREELEY CO 80631-9633 51901 0. 00375000 R WELD COUNTY COLORADO iG BOARD OF COUNTY COMMISSIONERS P 0 BOX 758 GREELEY CO 80632 99999 0. 03031250 R UNIDENTIFIED SUSPENSE 1. 00000000 n nn B 1369 REC 2320970 02/05/93 15:50 $0 .00 2/002 F 1848 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO • Phibro USA Phlgro Energy USA, Inc. 500 Dallas Ave., Suite 3200 Houston, TX 77002-4709 fin.' ,,,, (713)659-3525 i' .-. (713)646-5275/tax 3736083/telex _.- I , January 21, 1993 TO ALL OWNERS OF INTEREST RE: 05012 - BLEHN 30-1 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. Jae Co..el Sue Clark Division Order Analyst (713) 646-5368 Enclosure .J,.✓C ' fi.2 Hello