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HomeMy WebLinkAbout20241180.tiffC I`v , I T A S 555 17th Street, Suite 3700 Denver, CO 80202 (303) 293-9100 phone April 25, 2024 Weld County Sent Via UPS ATTN: Jess Reid 1 Z OWR 656 02 9381 8427 1150O Street Greeley, CO 80631 Re: Request for Consent to Assignment To Whom It May Concern: We are writing today concerning the leases described on the attached Exhibit A (hereinafter the "Agreement", whether one or more). In connection with that certain Purchase and Sale Agreement dated April 19, 2024 (as maybe amended from time to time, the "PSA") among 8 North, LLC, Bonanza Creek Energy Operating Company, LLC, Civitas North, LLC, Extraction Oil & Gas, Inc., HighPoint Operating Corporation, Mountaintop Minerals, LLC and Fifth Pocket Production, LLC (collectively, "Civitas") as sellers, and Bison IV Properties Colorado, LLC ("Bison"), as buyer, Civitas has agreed to sell to Bison, and Bison has agreed to purchase and acquire from Civitas, certain oil and gas properties and assets, including the Agreement. The PSA is expected to close on or around May 29, 2024. Our records indicate that your consent may be required to assign the Agreement to Bison. The purpose of this letter is to request your consent for Civitas to assign all of its interests and rights under the Agreement to Bison (and/or its affiliates), to the extent such consent is required by the terms of the Agreement. However, nothing contained in this letteris intended or should be construed as granting you rights to which you are not currently contractually or otherwise entitled under the terms of the Agreement. Please provide your consent to the foregoing assignment(s) by signing and dating this letter in the space provided below and then returning asignedcopyviaemaittomyeast@civiresources.com. In order to ensure a smooth and timely transition of the Agreement, we would appreciate having your response no later than May 15, 2024. Should you have any questions regarding this matter, please do not hesitate to contact me. Thank you for your consideration. Sincerely fr14's Zle4ei Mary Yeast Landman 2024-1180 j /oIot 3 LEOLkLO8 C I V I T A S 17th Street, Suite 3700 QDenver, CO 80202 (303) 293-9100 phone Weld County hereby consents under the Agreement to the assignment described in this letter. Dated this 13th day of May , 2024. By: "- 0 • (signature) Printed Name: Kevin D. Ross Title: Chair, Board of Weld County Commissioners CI` , I T A S Denver, Street, Suite 3700 v Denver, CO 80202 (303) 293-9100 phone EXHIBIT A Agreement Date of Recording Information No. Lessor Lessee Agreement (if applicable) County / State COB1011 Weld Coun ty Bison Oil & Gas lI LLC 9/5/2017 4334945 Weld, CO Colorado COB0265 Weld County Bison Oil & Gas II LLC 7/19/2019 4514013 Weld, CO Colorado to a I -a. COB0266 Weld County Bison Oil & Colorado Gas II LLC 7/19/2019 4514012 Weld, CO L1Lo a-1- 87961 CIVITAS RESOURCES, INC. - Controlled Disbursement Account CHECK NO. 2405 -AP -1726 04/29/24 CKREQ042924 300.00 0.00 300.00 Transfer fee for Weld County consent covering (3) leases: COB1011-000, COB0265-000, COB0266-000 �eCs� xc �1ass� S LLo3a l -3 87933 CIVITAS RESOURCES, INC. - Controlled Disbursement Account CHECK NO. Safeguard OTHO USA 11/22 Y10SFOO9768M REORDER FROM YOUR LOCAL SAFEGUARD DISTRIBUTOR AT 661-872-2993 I / �WARNING JPMORGAN CHASE BANK, N.A. V Dallas, TX 8 7 9 3 3 DO NOT CASH UNLESS YOU CAN VERIFY A "- 88-88�t11 THERMOCHROMIC IN 6fi CIVITAS RESOURCES, IN LINE ANOASECU WATERMARK IN THE BACK. TOD ") ATA45/n ANGLE TOWARDS OR AWAY FROM THE IGHT - \ CONTROLLED DISBURSEMENT COU 555 17th Street, Suite 3700 • Denver, O 802 DATE CONTROL UMBER PH: 303-293-9100 04/25/24 4 5255 AMOUNT Four hundred do la s and 00 cents AMOUNT 1 $ ***************400.00 VOID AFTER 90 AYS PAY \WESD C UNTY B RD OF TO THE ORDER COM S IONERS OF P 0 B X 758 "4 GREELEY, CO 80632- Hello