HomeMy WebLinkAbout960581.tiff SOCO DIVISION ORDER (OIL & GAS)
SNYDER OIL CORPORATION NO InGsztvan
r1M
AR2479407
To: Snyder Oil Corporation
Properties Administration
1625 Broadway,Suite 2200 Ma of Wee gales
Denver,CO 80202 Effective 7:00 cm
Each of the undersigned hereby warrants that he/she is the owner of the Interest set out opposite his/her room in the oil produced from and in the proceeds of the
gas sold from or used off the lease or unit known as RAADTFF.R 12-1 la located in-Weld County or Pariah,State of Colorado,which lease or unit is described
as follows:
Township S North.Rang'65 W at
Section 12:Wt2SW/4
Until further written notice,you are hereby authorized to give credit for all proceeds derived from the oil produced from and gas sold from or used off said
property as follows:
CRF111T TO Annpvc.S OIVISIf1N AF 1NTFRFCr
WELD COUNTY BOARD WELD COUNTY CENTENNIAL CENTER .01716093 (2)
OF COMMISSIONERS 915 10TH STREET
OWNER NO. 305618 GREELEY,COLORADO 80631
Working Interest n 1;Royalty Interest=2;Overriding royalty Interest—3
1. Until further written notice,you are authorized,for your own accounts,to receive such oil into your possession or the possession of any person or corporation
designated by you,the oil so received to be run and measured in accordance with customary pipeline rules and regulations including those of the governmental
agency having recognized jurisdiction over or control of the production and handling of oil in such area.
2.The oil run hereunder shall,on the terms herein stated,become your property immediately upon being received into your possession or the possession of your
designated nominee;and you agree to receive the oil run hereunder and subject to the further provision hereof,to pay the respective owners therefor according to the
division of interest herein indicated,either at your posted per barrel(42 gallons)field price for similar oil prevailing for the field where produced on the date of each
respective run,or if the oil purchased by a nominee,the price to be paid shall be the same price received from such nominee,or if you do not post a price for such
oil,the price to be paid shall be an agreed price,and in the absence of a pipeline connection,all prices are subject to deduction of barging or trucking costs.
3. For gas sold and/or used by you off the lease or unit,settlements shall be based upon the market value at the well. For gas sold at the well,settlements shall he
based upon the net sales price received by you at the well.
4. Seulernents and payments based upon the prices set forth herein are to be made monthly by your checks mailed to the respective persons interested at the addresses
given herein. The undersigned authorize you to withhold their proportionate share of all taxes now or hereafter imposed including without limitation all taxes
imposed upon the production,severance,ad valorem,gathering,processing,and marketing thereof. At your option,you many hold,without interest,and remit
annually for the-aggregate of 12-months accumulation of monthly accruals of amounts less than Fifty Dollars(550.00);except semiannually for the aggregate of six
months accumulation of monthly accruals of amounts less than Fifty Dollars(550.00)for the State of Oklahoma.
5. Each of the undersigned hereby(1)warrants and guarantees the title to his interest in the oil and in the net proceeds of gas sold or used off the property,and(2)
in case of an adverse claim or claims to the oil run to his credit or his interest in the net proceeds of the gas sold or used off the property or any part thereof,agrees
to fumishindemnity satisfactory to you against all adverse claims and hereby authorizes you to retain all proceeds accruing to the undersigned without any obligation
to pay interest on the amount so withheld until the required indemnity shall have been furnished or until the dispute as to the ownership of the production involved is
settled. You are hereby relieved of any responsibility for determining when any of the interests herein set forth shall revert to other parties as a result of the
completion or discharge of money or other payments from said interests. It is understood that any vendee or assignee of any interest in said property or the
production thereof shall take subject to the terms hereof,and you shall not be bound by any sale or assignment of any interest in said property until written notice
thereof shall be furnished you in the form of the original or a certified copy of the instrument by which said sale or assignment twasmadde. Regardless
egfers ll mlt ss of the effective
made effective
date of the instrument of conveyance,all transfers shall be made effective as of 7:00 am of the first day of a calendar month;
earlier than the first day of the calendar month in which said written notice is received.
6.The word 'OIL", as used herein, is hereby declared to include all liquid hydrocarbons purchased hereunder,and the word "GAS',as used herein, is hereby
declared to include all gaseous substances including oil well gas(casinghead gas).
7.The undersigned hereby expressly ratify and confirm the oil,gas,and mineral lease or leases,pursuant to which oil and gas from the property is being produced
and sold, any amendments and supplements to such lease or leases including any designations,declarations, or agreements creating the unit including the above
described property,if such be the case.
8.This division order may be executed in counterparts and shall be binding on an shall inure to the benefit of each signer hereto,his/her heirs, successors, and
assigns,whether or not it is executed by all parties named herein.
WITNESSES
��JJ ,c WNERS SIGN BELOW TAXPAYER NUMBER*
%i≤H!j ?
L s Y BOARD OF CO SSIONS
11661 � ;�// ' ER
ATT T: I �j/�! 4LG w . / /.�.vS-.�' /Led�/ett, 84-6000813
roars J. Kirkmever�
BY: / -Ty . Chair
Deputy C erk to the Bo" d -
•This is your%hrial Security or Tax I.D.number as required by Federal Internal Revalue Code. Failure to furnish owner's Social Security or Tax I.D.
number in the space above will result in 31%withholding tax. This is in accordance with federal-law and tax-witbadd will not be refundable by Remitter,
/ 960581
CONSENT AGENDA 03/02479407 B-1535 P-759 03/05/96 02:11P PG 1 OF 1 REC DOC
LE0001 Weld County CO Clerk & Recorder 0.00
2/,7/ /g6
COUNTY ATTORNEY
STAFF APPROVAL
This is to affirm the attached
Division Order or Authorization to
Receive Payment for an Oil and
Gas Well has been reviewed by
the County Attorney's staff as to
form, legal description, and
percentage of royalties, if
applicable/
/
C /
I l l
BY: is ', , if j
/ ounty Attorney r
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