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HomeMy WebLinkAbout950559.tiffAR2428838 BASIC DIVISION ORDER EAK Property Name: NEUMANN #1 Operator: BROOKS EXPLORATION INCORP To: Marathon Oil Company (Marathon) P. 0. Box 2049 Houston, Texas 77252-2049 Attn: Division Order D 0 No: E300308 Date Issued: 02/09/1995 Effective: 01/01/1995 The undersigned severally and not jointly certifies it is the legal "Owner" of the interest set out below of all the oil and related liquid hydrocarbons produced from the property described below: NW NE SECTION 24-T6N-R67W WELD CO., CO. Located Subject Marathon produced to OWNER NO. in the COUNTY of WELD, STATE of COLORADO the covenants on the reverse side and until further notice given either by or the "Owners", Marathon is authorized to receive and purchase the Oil from the above -described property and give credit for such Oil as follows: E3012253 OWNER NAME AND ADDRESS WELD COUNTY CLERK OF THE BOARD P 0 BOX 758 GREELEY CO 80632-0758 DIVISION OF INTEREST TYPE FRACTION DECIMAL INTEREST 0.001441500 RI SOC SEC NO/TAX ID: 84-6000813 INSTRUCTIONS FOR SIGNING EXECUTE IN INK EXACTLY AS YOUR NAME APPEARS ABOVE AND HAVE YOUR SIGNATURE WITNESSED. If executing on behalf of a corporation, indicate your official title and affix corporate seal attested by the secretary or assistant secretary. If executing as Attorney -in -Fact, attach a copy of your authority. BE SURE TO FURNISH YOUR TAX IDENTIFICATION NUMBER AND CORRECT MAILING ADDRESS (INCLUDE ZIP CODE, POST OFFICE BOX NUMBER OR COMPLETE STREET ADDRESS). Failure to furnish your Social Security/Tax I.D..N4ri e� 11 result in backup withholding tax in accordance with federal la.i a4.0_,any- \ withheld will not be refundable by payor. r,�SIGNATURE OF OWNE') (TAX I.D. NO.) (WIT? E�S .,SST 7l 7i�'l /' rY`J�. - ( 84-6000813 ATTEST: CLERK T0;`THE BOARD BY: Address 915 19TH ST. PO BOX 758 GREELEY, CO 80632 , C AIRMAN, zl,2-yelS) WELD COUNTY BOARD OF COMMISSIONERS (REMITTANCE ADDRESS) PO BOX 758 GREELEY, CO 80632 -Weld County CO Clerk & Recorder REC DOC 2428838 B-1482 P-510 03/03/95 04:33P PG 1 OF 2 0.00 form 50812 Bev. 10/93 1 r A� nb� 950559 Marathon Oil Company BASIC DIVISION ORDER COVENANTS 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 OR GAS. 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 on the reverse side hereof. 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 deductions 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 calendar month from the property listed on the reverse side hereof, less taxes required by law to be deducted and remitted by payor as purchaser. Unless otherwise provided by law, payments of less than $50.00 may be accrued before disbursement until the total amount equals $50.00 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: The 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 judgements in connection with any suit that affects the Owner's interest to which payor is made a party. DISPUTE: WITHHOLDING OF FUNDS: If a suit is filed that affects the interest of the 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 this 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: The Owner agrees to notify payor in writing of any change in the division of interest, including changes of interest contingent on payment of money or expiration of time. No change of interest is binding on payor until the recorded copy of the instrument of change or documents satisfactorily evidencing such change are furnished to payor at the time the change occurs. 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. In addition to the legal rights provided by the terms and provisions of this Division Order, an Owner may have certain statutory rights under the laws of this state. Form 50612 Rev. 10/93 2428838 B-1482 P-510 03/03/95 04:33P PG 2 OF 2 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. BY: ounty Attorne 7� Hello