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HomeMy WebLinkAbout961625.tiff s-- 331 GAS DIVISION ORDER TO: Bataa Oil, Inc. 2500 West 29th Street Greeley,Colorado 80631 Date: June 27, 1996 WELL: Dacono 1,2,3, & 4 The undersigned, and each of us, certify and guarantee that we are the legal owners of, or are entitled to dispose of and receive payment for all oil, natural gas, condensate and/or all other gaseous or liquid hydrocarbons produced (hereinafter referred to as "production") from wells now located in the namnn 1.2 S_R 4 Unit, located I n Weld County Colorado more particularly described as follows: Townshipli North, Range 67 West Section 6: Dacono 1: NE1/4NE1/4 Dacono 2: SW1/4NW1/4 Dacono 3: NW1/4NW1/4 Dacono 4: SE1/4NW1/4 effective 7:0 0 a.m. from the data of firza sal a , and e n t:: f u r U;e i mitten notice you are authorized and directed, subject to the provisions hereof, to sell the production and give credit for the proceeds received from such sale of production, as follows: DIVISION CF CREDIT 10 ADDRESS INTEREST Weld County Colorado 915 10th St .01264250 c/o Board of Cty Commissioner Greeley, 00 80632 The following covenants and agreements are a part of this division order, and shall be binding upon the undersigned, their successors, legal representatives, heirs and assigns: FIRST: The price to be paid for production attributable to the interest of each of the undersigned shall be the price being received by you at the wellhead for such production; provided that i f such production is sold or delivered at some point other than at the wellhead where produced, then the price to be paid for such production attributable to the interest of each of the undersigned shall be the amount received by you at such actual delivery point less an amount to be retained by you as reimbursement for the undersigned's pro rata part of all reasonable costs incurred by you in transporting, compressing, dehydrating or otherwise causing such production to be acceptable to the purchaser thereof at the point of such delivery. SECOND: The production sold hereunder shall become the property of the purchaser and the undersigned agree to look solely to Bataa Oil, Inc. for payment of production sold hereunder and shall have no claim or recourse against any purchaser of said oil, natural gas, condensate and/or other hydrocarbons. THIRD: Payments may be made monthly by your checks delivered or mailed to the undersigned thereto entitled at the addresses given above; however, i fihe amount payable to any party hereunder shall be less than Five Dollars ($5.00), you may defer payment without interest until the next regular settlement date when amount payable to such party equals or exceeds such sum. You hereby are authorized to withhold from the payments hereunder the amount of any tax placed by any governmental authority on the production referred to herein, paid by you the purchaser. 2504331 B-1559 P-801 08/02/96 05:11P PG 1 OF 2 REC DOC Weld County CO JA Suki Tsukamoto Clerk & Recorder 0.00 fienr/t a_a___ 961625 FOURTH: In the case of any adverse claim of title or in case title shall not be satisfactory to you at any time during the term of this Division Order, each of the undersigned agrees to furnish evidence of title satisfactory to you and authorize you to withhold payment without liability and without obligation to pay interest on the amount so withheld, until satisfactory indemnity shall be furnished to you against such adverse claims or any defects in title, or until title shall be made satisfactory to you. FIFTH: The undersigned severally agree to notify you in writing of any change of ownership and no transfer or an interest of any nature or change in the right to receive payments, however accomplished, shall be effective as to you until 7:00 A.M. on the first day of the calendar month next ensuing in which you are given actual written notice and are furnished proper Division or Transfer Orders and proof satisfactory to you of such transfer or ;change. You are hereby relieved of any responsibility for determining i f and when any of the interests hereinabove set forth shall or should revert to o r be owned by other parties and i f any limited, reversionary or sliding scale interest is owned or retained by any party to this Division Order, such party hereby relieves you of any obligation to determine i f and when payment for such interest shall commence, change or cease and to hold you harmless for any erroneous payment made prior to receipt of said written notice. SIXTH: You may assign this Division order without notice to the undersigned and any assignee hereof shall succeed to all rights hereunder. po. A TNESSES: OWNERS: Weld County, Colorado I74 TE LS,, MuAr • ,.. .T•<I ' , Chair 1861 Mg County Clerk to Board Board Of Cty COmmissi0 r 07/29/96 ono t' f . . ,. f _ :;SAWS Fed T D li• 714-6000R1l o ' 7 uty C _rk to Board S.S.# S.S.# S.S# 2504331 B-1559 P-801 08/02/96 05:11P PG 2 OF 2 742/96 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: ttorn DATE: Hello