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HomeMy WebLinkAbout560003.tiff TO SIGN AMENDMENT LEASE wrrii 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 1396 Page 339 • AYES: 2 itArtfik4-ay THE BO OF CppNTY COMMISSIONERS WELD Y, CiLORADO DATED: DECEMBER 20, 1956. 54d66. 4, 1-4U l' / y !c --A-I' No. 1 • TO SIGN AMENDMENT LEASE WITH THE CALIFORNIA COMPANY S2 SEg Sec 28, T 8 N, R 66 W SEE FILE 86 NO. ' 1p 67.- APPROVED the ',\C" = day of D. 1,9:,,_\„._ :5irmro a Board f oun C.,,r,,,ar;sioael- AMENDLl*T TO OIL. GAS AND MISSAL. LEASE December THIS AGREEMENT, made and entered into this 20th day of *mops, 1956, by and between, THE COUNTY OF WELD, STATE OP COLORADO, acting by and through its Board of County Commissioner', First Party (hereinafter sometimes called "Lessor"), and THE CALIFORNIA COMPANY, a California corporation, Second Party (hereinafter sometimes celled "Lessee"): WHEREAS, heretofore on the 11th day of June, 1954, THE COUNTY OF WELD, 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 1396, Page 339 of the Records of the Camay 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 the Lessors and Lessees' rights. title and interest, in and to said lease; and WHEREAS, it is the desire of the parties hereto that said lease be amended. 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 said Ease 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 with adjacent lands and leases, so as to constitute a unit hereinafter called Production Unit, not substantially exceeding the sire required for the moat efficient and economical location and spacing of wells in the field or pool, but not exceeding ninety acres (90) _A if oil is produced or six hundred and sixty acres (660) if gas only is produced, by filing for record. an instrument so delcaring, a copy of which shall be mailed to Lessor or to the depository bank. Drilling. mining or re-smirking operations upon. or pro- duction of any mineral from any part of any such Production ILoit, 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 pert 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. nuaber of acres in this lease included in such Production Unit bears to the total number of acres included in such Production Unit and Lessor shall be entitled to the royalties of this lease provided, on such fractional part of such production, and no more. 9.13. Lessee may use an Automatic Metering Systsa 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 one Production Unit will not be corm?n4led 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 Mitomatic Metering System from all contributing Production Units, and the total production determined by gauging toe common storage battery, then, in that event, the gauged production shall be considered as controiliag, and production attributed to any perticular Production Unit shall be adjusted upward or downward in the ratio that the metered production of this Production Posit bears to the total metered production for all Production Units gathered into the common storage battery. In all other respects, said lease remains uncnanged. and as modified aereia, is hereby ratified and confirmed as being a valid and subsisting lease, and Lessor hereby grants and leases to Lessee the lands described therein, for the purposes, and upon the terms and conditions, set forth is said oil, gas and mineral lease as hereby emended. Trtla AG1&1tE.NT, and the rights extended Eau designated riereby, shall extend to and be binding upon tae mars, executors, assigns and legal representatives of the parties hereto. IN WITNESS WHEREOF, we have hereunto set our hands this 20th day of December iltM0 ib,0 1956. AI TEST : ( 4r, ,,. BOARD OF COUNTY COMMISSIONERS OF COVNIY CLERKK�_�.�.s WELD COUNTY, COLORADO t ! to By la r Dept.t' County Clerk `1 • '. "411 W/Z4 00014 I T Y AND SSOR TEIE CALIFORNIA COMPANY By: Its Sy: Its SECOND PARTY AND LESSEE STATE 0! COLORADO ) ) 3S. COUNTY OF WELD ) The foregoing instrument was acknowledged before me on this 20th day of December , 1956, by Elmer L. Shultz and George L. Andersen and Carl J. Magnuson, Commissioners, nudry 01 =may �� -ssionxe s� anJ ._;'!! .1 ialER, County Clerk by Liz StrA;oht, Actir:9Clerk of the Board of County Commissioners of Weld County, Colorado. WITNISS MY hand and official seal. DEC 3 1 My commisafon expires: Notary Public STATE OF LOUISIANA ) ) SS.J. PAF.I S H OF ORLEANS ) On this day of , 1956, before me appeared and , to me personally known, who, being by me duly sworn did say that they are the and , respective- ly of THE CALIFORNIA COKI A►Y, 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 appeasers ack.noviedged said instrument to be the free act and deed of said corporation. IN WITNE S WtLi 1'EOF 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