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HomeMy WebLinkAbout971891.tiff .a FRONTIER CRUDE OIL DIVISION ORDER TO: Frontier Oil and Refining Company Date: June 24, 1997 5340 S. Quebec, Suite 200N Lease No: CO-839 Englewood, Colorado 80111-1911 Contract No: 9402-012P Telephone (303) 714-0100 Operator: Francis Energy, Inc. Fax (303) 714-0163 Prepared By: Shelley Border The undersigned, and each of them, guarantee and warrant that they are the legal owners in the proportions set out below of all the oil, condensate and/or other hydrocarbons produced from the PAYNE #2-26 described as: Township 6 North. Range 66 West. 6th P.M. Section 26: NE/4 SW14 in WELD County, State of COLORADO, and commencing at 7 a.m. on the FIRST day of JUNE, 1997, and until further written notice either from you or us, you are authorized to receive oil therefrom, giving credit as directed below: OWNER NO. CREDIT TO DIVISION/KIND OF INTEREST FOR DIVISION OF INTEREST SEE EXHIBIT"A" ATTACHED HERETO AND MADE A PART HEREOF THE COVENANTS APPEARING ON THE REVERSE SIDE HEREOF ARE ALSO PART OF THIS DIVISION ORDER AND SHALL BE BINDING ON THE UNDERSIGNED,THEIR SUCCESSORS,LEGAL REPRESENTATIVES,AND ASSIGNS: NOTICE: The U.S.Internal Revenue Service requires that owners furnish their Social Security or Employer Identification Number. Please insert this number in the space below the signature line. Read the terms on the back before signing below. If executing on behalf of a corporation,indicate your official capacity,Impress the corporate seal,and have your signature attested by the secretary of the corporation. Signature of One Signature of Mail Check To The Witness or Attest Owner Following Address (Please Print or Type) ATTE i• �;��, ��/ ff ' ���� PO BOX 758 Clery a { >., , �E E. BAXTER ell .�l�h i Title: CHAIR, WELD COUNTY BOARD GREELEY, CO 80632 "� f��: OF COMMISSIONERS Iepu 2- EIS 't.rd 84-6000813 Social SeaaM/Employer ID Number By: Title: Social Security/Employer ID Number CONSENT AGENDA 06/30/97 LE0070 2557176 B-1615 P-53 07/09/1397 10:44A PG 1 OF 3 REC Weld County CO JA Suki Tsukamoto Clerk & Recorder 0.00 971891 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: /�-- unty A rney DATE: (=1.- , J FIRST: The oil received and purchased hereunder shall become your property as soon as the same is received into your custody or that of any carrier designated by you. SECOND: The oil received and purchased hereunder shall be delivered F.O.B.to any carrier designated by you which gathers and receives said oil, and you agree to pay for such oil to the respective owners according to the division of interest above specified at the price posted for oil of the same grade and gravity in the same producing field on the date said oil is received by you. If the oil should be sold by you to another purchaser accepting delivery thereof at the lease tanks, settlement therefor shall be based upon the price received by you for such oil and upon the volume computation made by such purchaser. THIRD: Quality and quantity shall be determined in accordance with the conditions specified in the price posting. You may refuse to receive any oil not considered merchantable by you. FOURTH: Settlements and payments shall be made monthly for oil received and purchased during the preceding month,by check mailed to the respective parties at the address above given, for the amount of such purchase price due said parties respectively, less any taxes required by law to be deducted and paid by you as purchaser. If at any settlement date the amount payable to any party hereunder shall be less than twenty-five dollars($25.00)per month,settlement may be made annually, without interest. FIFTH: Satisfactory abstracts or other evidence of title will be furnished you at any time on demand. In the event of failure to furnish such evidence of title, or in the event of any dispute or question at any time concerning the title to said land and/or the oil produced therefrom, you are authorized to withhold the proceeds of all oil received and run, without interest,until such dispute,defect or question of title is corrected or removed to your satisfaction,or until indemnity satisfactory to you has been furnished;and in the event any action or suit is filed in any court affecting the title to the land above described or the oil produced therefrom,to which any of the undersigned is a party, written notice of the filing of such suit or action shall be immediately furnished you by the undersigned,stating the court in which the same is filed and the title of such suit or action. You will not be responsible for any change of ownership in the absence of actual notice and satisfactory proof thereof. You are hereby relieved of responsibility for determining if and when any of the interests hereinabove set forth shall revert to or be owned by others as a result of the completion or discharge of any payment or the termination of any estate or disability. SIXTH: This Division Order shall become valid and binding on each and every owner above named as soon as signed by him or her regardless of whether or not any of the other above named owners have so signed; and in consideration of the purchase of oil hereunder, consent is hereby given to you and/or any pipeline company which you may cause to connect with the wells and/or tanks on said land,to disconnect and remove such pipelines, in case of termination by either you or us of purchase under this Division Order. Any change in interest or ownership shall be effective as to Purchaser on the first day of a calendar month, following date of receipt. SEVENTH: Working Interest Owners and/or Operators who sign this Division Order,and each of them,guarantee and warrant,for your benefit and that of any pipeline or other carrier designated by you to run or transport said oil, that all oil tendered hereunder has been or will be produced in accordance with applicable laws and official rules and regulations. Royalty Owners who sign this Division Order recognize as valid and subsisting in full force and effect all oil and gas leases of record held by the within named Working Interest Owners, which cover or purport to cover Royalty Owner's interest in the above described lands as well as any unit and the same are hereby ratified, adopted and confirmed. Insofar as necessary to effect the purposes of this provision, this instrument shall be construed as containing words of present grant. 2557176 6-1615 P-53 07/09/1997 10:44A PG 2 OF 3 • 4 FRONTIER EXHIBIT "A" ATTACHED TO AND MADE PART OF FRONTIER OIL AND REFINING COMPANY CRUDE OIL DIVISION ORDER DATED JUNE 24, 1997 PAYNE#2.26 C0•639 Page 1 of 1 OWNER NO. CREDIT TO DIVISION/KIND OF INTEREST 2415 Payne, Inc. .18744230 RI 2118 North 47th Avenue Greeley, Colorado 80632 2313 Weld County Board of Commissioners .00168260 RI P.O. Box 758 Greeley, Colorado 80632 - 2416 Adam C. Buna .01029170 ORI do First Bank of Boulder Account#282-7255 6500 Lookout Road Boulder, Colorado 80301-3303 2417 Robert L. Childers .01029170 ORI P.O. Box 756 Greeley, Colorado 80632 2772 Nicholas D. Francis .01029170 ORI 1357 43rd Avenue#63 P.O. Box 2331 Greeley, Colorado 80632-2331 2420 Francis Energy, Inc., for the account of FEI - Payne Joint Venture .78000000 NWI 1220 Eleventh Avenue, Suite 203 P.O. Box 2331 Greeley, Colorado 80632 TOTAL 1.00000000 RI =Royalty Interest ORI=Overriding Royalty Interest NWI=Net Working Interest(Net Revenue Interest) 2557176 B-1615 P-53 07/09/1997 10:44A PG 3 OF 3 Hello