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HomeMy WebLinkAbout951065.tiffDIVISION ORDER AK2436264 (COMBINED OIL AND GAS) TO: R.P. KAUFFMAN COMPANY, INC. ("KPK") 1675 Broadway, Suite 1970 Denver, Colorado 80202 ATTN: Division Order Dept. Division Order No. /LC-lc/DX-NO Date The undersigned, and each of us, certify and guarantee that we are the legal owners of and hereby warrant the title to our respective interests in the proceeds derived from the sale of Oil and Gas (as more individually defined herein) produced and saved from the SPINDLE 4 SOUTH FACILITY located in the County of Weld, State of Colorado more particularly described as follows: FREDERICK UNIT Cit SW/4NW/4-31-T2N-R67W CREDIT NET REVENUE INTEREST WORKING INTEREST GARY B. PROPP WEI.D COUNTY ANTHONY A. HEPP THELMA L. JONES RAY K. DAVIS AND MARY F. DAVIS, JT TENANTS HAROLD R. BURGESS GILROY A. FRAGALE JOE A. SARMIENTO ROBERT A. BARNES RUDY A. MORENO ARILD DITLEV-SIMONSEN ARILD DITLEV-SIMONSEN INGERID DITLEV-SIMONSEN INGERID DITLEV-SIMONSEN .00078080 RI .00528810 RI .00340720 RI .01018600 RI .00881960 RI .00063880 RI .00063880 RI .00127770 RI .00063870 RI .00127770 RI .04938590 RI .10285340 WI .04938590 RI .10285340 WI .0100795 WI .1175468 WI .1175468 WI NORTH AMERICAN RESOURCES INC. .04409820 WI .0503975 WI LUCIANO G. RUSCITTI .00145510 RI K.P. KAUFFMAN CO., INC. .61701470 WI .7044294 WI Effective 8:00 a.m. March 1. 1995, and until further notice, you are hereby authorized to take or retain possession of all Oil and Gas from said property(ies) on and after the effective day and to give credit as set forth above for all proceeds derived from the sale thereof from said property(ies) subject to the conditions, covenants and directions set out below: FIRST: It is understood that the Gas produced from the above -described property(ies) is being sold under that certain Gas Purchase and Processing Agreement dated November 8, 1991, between KPK as "Seller" and Associated Natural Gas Inc. as "Buyer", and that all terms and covenants contained therein, and in any amendments, extensions, or renewals thereof shall govern and be binding upon the parties hereto in all respects which shall include, but not be restricted to, the price to be paid for said Gas and the time when such payments are to be made. - 1 - 2438264 B-1492 P-59 05/15/95 01:56P PG 1 OF 3 REC D0C Weld County CO Clerk & Recorder 0.00 951065 Z6c&7'/ As used in this Division Order, the term "Gas" shall be deemed to include casinghead gas, gasoline and all products which APR may receive and/or recover by processing from Gas produced from wells on said property(ies). SECOND: The word "Oil" as used herein shall include, but is not limited to, condensate and all marketable liquid hydrocarbons produced and saved hereunder, but excluding that recovered from processing of Gas. All oil received and purchased hereunder shall be merchantable Oil and shall become the property of APR as soon as the same is received into its custody or that of any carrier it designates. APR shall not be expected to receive Oil in definite quantities, nor for fixed periods, nor to provide storage. THIRD: The Oil received and purchased hereunder shall be delivered f.o.b. to any carrier EPA designates which gathers and receives said Oil and APR agrees to pay for such Oil to the undersigned according to the division of interests herein specified at the price agreed upon between EPA and the lease operator. FOURTH: Quantities of Oil purchased hereunder shall be determined by the method of measurement and computation employed by APR or APR's agent designated to receive such oil including but not by way of limitation, the gauging of storage tanks using regularly compiled tank tables, the use of certified tank gauges, and the use of meters or any other reasonably accurate method of measurement and computation. APR shall correct the volume and gravity to a temperature of 60° Fahrenheit and shall deduct from such corrected volume the full percentages of basic sediment, water and other impurities as shown by its test. EPA may refuse to receive any Oil it considers to be not merchantable. FIFTH: Payments are to be made monthly by checks of APR for Oil and Gas to be delivered or mailed to the parties thereto entitled at the addresses above given, provided that if the amount due to any owner is less than Twenty-five and 00/100 Dollars ($25.00) per month, EPA at its option, may defer the making of such payment until such time as the aggregate amount due exceeds said sum. The undersigned authorize APR to withhold from the proceeds of any and all Gas and Oil referred to herein, the amount of any tax placed thereon, or on the production thereof, including but not limited to any severance, production or occupation tax, by any governmental authority, local, state and/or federal, and to pay the same in our behalf with the proceeds so withheld. SIXTH: In the event of any adverse claim of title or in the event title shall not be satisfactory to APR at any time during the term of this Division Order, each of the undersigned agrees to furnish complete abstracts of title and other evidence of title satisfactory to APR and authorizes same to withhold payment without obligation to pay interest on the amount so withheld, until satisfactory indemnity shall be furnished to APR. Each undersigned party as to the interest of such party hereunder respectively agrees, in the event suit is filed in any court affecting title to said Oil and/or Gas, either before or after severance, to indemnify and save harmless APR against any and all liability for loss, cost, damage and expense which EPA may suffer or incur on account of receiving and paying said party the proceeds derived from the sale of said Oil and/or Gas. Where APR, pursuant to the provisions hereof, withholds payment or any part thereof, each undersigned party from whom payment is withheld severally agrees to indemnify and hold EPA harmless of and from all liability for any tax, together with all interest and penalties incident thereto, imposed d against or paid by them on account of the sum or sums so withheld from payment to said party and deduct all such taxes, interest and penalties so paid by them from any sums owing by them to said party. If suit is filed affecting the interest of the undersigned, written notice thereof shall be given APR at the above address by the undersigned, together with a certified copy of the complaint or petition filed. If EPA is made a party to such proceedings, the undersigned agrees to indemnify same against any judgment rendered therein and to reimburse EPA•for any costs, attorney's fees or other expenses incurred in connection thereiiith. SEVENTH: The undersigned severally agree to notify APR of any change of ownership and no transfer of interest shall be binding upon APR until transfer order and the recorded instrument evidencing such transfer, or a certified copy thereof, shall be furnished to EPA. Transfer of interest shall be made effective 8:00 a.m. on the first day of the calendar month in which proper notice is received by APR. APR is hereby relieved of any responsibility for determining if and when any of the interests hereinabove set forth shall or should revert to or be owned by other parties as a result of the completion of discharge of money or other payments from said interests and the signers hereof whose interests are affected by such money or other payments, if any, agree to give APR notice in writing by registered letter addressed to APR at the above address, directed to the Division Order Department, when any such money or other payments have been - 2 - 2438264 B-1492 P-59 05/15/95 01:56P PG 2 OF 3 951065 completed or discharged, or when any division of interest other than that set forth above shall, for any reason, become effective and to furnish transfer order accordingly and that in the event such notice shall not be received, RPR shall be held harmless in the event of, and are hereby released from any and all damage or loss which might arise out of overpayment. Should adjustments be necessary, EPA shall have rights (but no duty) to set off any and all individual or joint liabilities the undersigned has with the same, including but not limited to proceeds from this and other lease interests owned by the undersigned. EIGHTH: If any portion of the proceeds derived from the sale of Gas is subject to refund under any order, rule or regulation of the Federal Energy Regulatory Commission or the provisions of the Natural Gas Act or Natural Gas Policy Act of 1978, RPR may hold without interest the portion of the proceeds subject to refund unless indemnity satisfactory to APR has been furnished, or until RPA's refund obligation has been finally determined. If any portion of the proceeds derived from the sale of Gas is paid over by EPA under any order, rule or regulation of the Federal Energy Regulatory Commission or the provisions of the Natural Gas Act or Natural Gas Policy Act of 1978, RPR is authorized to recover the amount of the refund applicable to the interest of each of the undersigned from future payments (Oil and Gas) or at APR's election, it may invoice the undersigned therefor, plus the legal rate of interest RPE is or may be required to pay in connection with undersigned's portion of the refund. NINTH: If the undersigned is a working interest owner and/or operator, he or she guarantees and warrants that all Gas and Oil tendered hereunder has been or will be produced and delivered in compliance with all applicable federal, state and local laws, orders, rules and regulations. TENTH: This Division Order shall become valid and binding upon each and every owner above named upon execution hereof by such owner regardless of whether or not any of the other above -named owners have so signed. No termination of this Division Order shall be effective without giving thirty (30) days prior written notice. If the provisions of this Division Order are in conflict with the provisions of any oil and gas lease covering the above -described property(ies), the provisions of this Division Order shall prevail. Each undersigned owner ratifies and confirms his oil and gas lease as being in full force and effect as of the date hereof. In consideration of the purchase of Oil and Gas hereunder, consent is given APR and any pipeline company which same may cause to connect with the wells and tanks on said land, to disconnect and remove such pipelines, in case of termination by either RPR or the undersigned of any purchases under this Division Order. In the event of conflict between the provisions of this Division Order and applicable law or regulations, the provisions of this Division Order shall be deemed modified so as to comply with such law or regulation. The undersigned expressly waive any claim against APR for any and all amounts which may be due us from others for production prior to the effective date hereof. SIGNATURE OF WITNESSES OWNERS SIGN BELOW TAX PAYER ID 9 OR (ENTER MAILING ADD SS) SOCIAL SECURITY 9 Dale K. Hall, Weld County Bd. ADDRESS PO Box 758 84-6000813 of Commissioners (5/10/95) Greeley, CO 80632 2438264 B-1492 P-59 05/15/95 01:56P PG 3 OF 3 4 951065 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, nd percentage of roy 'es, if applicable. BY: unty Attorney 951065 Hello