HomeMy WebLinkAbout560002.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 1414 Page 292 •
AYES:
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THE D OF ' OUNTY COMMISSIONERS
WEL!. COUNTY COLORADO
DATED: DECEMBER 20, 1956.
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TO SIGN AMENDiv NTI i AsL Wll H
THE CALIFORNIA COMPANY:
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THE CALIFORNIA C0MPANYs
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THE CALIFORNIA COMPANY:
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AMENDMENT TO OIL. GAS AND MINERAL LEASE
Dec® r
THIS AGREEMENT, made and entered into this 20th day of�dr, 195e,
by and between TH C0UNTY OP 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 January 31, 1955, THE COUNTY OF WELD, STATE OF COLORADO,
Lessor, made and executed unto THE CALIFORNIA COMPANY, a California corporation, Lessee,
an Oil and Gas Lease covering certain lands in Weld County, Colorado, said lease being
recorded in Book 1414, Page 292, in the records of the County Clerk and Recorder, of
Weld County, Colorado, reference thereto being made for all purposes; and
WHEREAS, the parties hereto are still the owners, respectively, of all
of Lessor's and Lessees' rights, title and interest in and to said lease; and,
WHEREAS, it is the desire of the parties hereto to amend said lease.
NOW, THEREFORE, for and in consideration of the sum of One Dollar ($1.00)
and other good and valuable consideration, the receipt of which is hereby acknowledged,
the parties hereto agree that Paragraph 9 of the said lease shall 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 vita adjacent
lands and leases, so as to constitute a unit 'hereinafter called
Production Unit, not substantially exceeding the size 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 ..daring,
a copy of which shall be mailed to Lessor or to the depository
bank. Drilling, mining or re-working operations upon, or pro-
duction 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, and 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
are follows: There shall be allocated to the portion of Luis 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 bears to the total number of acres
included in such Production Unit, and Lessor snail be entitled to
the royalties of this lease provided, on such fractional part of
sueh production, and no more.
9.b. Lessee may use an Automatic Metering .system in determining the
production from any such Production Unit. It it further agr ed
that Lessee may commingle in a common tank battery, all oil pro-
duced from tee Pierce F eld 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 one 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 month 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 !bits. 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 Unite gathered into the
common storage battery.
In ell other respects said lease remains unchanged, and ma modified herein,
is hereby ratified and confirmed as being a valid and subsisting lease, end Lessor hereby
grants and leases to Lessee the leads described therein, for the purposes, and upon
the terms and conditions, set forth in said oil, gas end mineral lease as hereby amended.
TUTS SCREEIUNT, end 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 20th day of
Affriliff' 1956.
i
AETESIw �� i BOARD OF COUNTY COMMISSIONERS OF
WELD COUNTY COLORADO
COUNI Y CLEB T , F ,r, ��7 .y' f
sy � , �,
+ , I Eye Chai
By/ r o I
Deputy County Clerk - 4
LtS ,t y,
By
Its
By
Its
STATE OF COWEADO )
) SS.
COUNTY OF WELD )
The foregoing instrument was acknowledged before me this 206h day of
nc____ o . 1936, by P1,oee r ghult, , Chairman, and Geo L. Andersen
and Carl J. Magnuson, Commissioners, Board of County Commissioners, and ANN SPOMER, Count)
("Teeple by w +r Straight, Srt4r.i Clerk of the Board of County Commissioners of Weld County,
Colorado.
7
WITNESS MY hand and official seal.
Notary icE
My commission expires: DEC } 1lgSf
STATE or LOUISIANA )
) SS.
PARISH OF ORLEANS )
On this day of , 1956, before me appeared
and , to ma
personally known, who being by me duly sworn did say that they are the
and , respective..
ly, 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.
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