HomeMy WebLinkAbout20251010.tiffCorIco.c3 'MO # a 3`ko
MEMORANDUM
TO: Clerk to the Board
DATE: March 20, 2025
FROM: Jazmyn Trujillo -Martinez, Planning Services Dept.
SUBJECT: BOCC Agenda Item — Approve Consent to Assign
Road Maintenance Agreement For:
Bayswater Exploration and Production LLC — 1041 WOGLA20-0001
Request to Approve Consent to Assign Road Maintenance Agreement:
The Department of Planning Services received a request from the applicant, Bayswater Exploration
and Production LLC, requesting that the Board of County Commissioners consider approving the
Consent to Assign the Road Maintenance Agreement for (1041 WOGLA20-0001), recorded under
Reception Number #4572320 and Tyler #2020-0732, from Bayswater Exploration and Production
LLC to Prairie Operating Co., LLC. No collateral is required with this agreement.
Weld County Planning Services, Public Works, and the County Attorney's Office have reviewed
the above mentioned signed original document and Consent to Assign letter request and found no
concerns with the request.
Recommendation:
The Departments of Planning Services, Public Works, and the County Attorney's Office are
recommending approval of the Consent to Assign the Road Maintenance Agreement for
1041 WOGLA20-0001, and that this item be placed on the next regularly scheduled BOCC Hearing,
as part of the Consent Agenda.
cc:
Dawn Anderson, Planning Services
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04/18/2025 10:49 AM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County , CO
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2025-1010
OG000 3
BAYSWATER
meEXPLORATION & PRODUCTION
February 11, 2025
Board of County Commissioners
Weld County, Colorado
Attention: Ms. Jess Reid
1150 O Street
Greeley, Colorado 80632
Re: Request for Consent to Assign
Road Maintenance Agreements
Weld County, Colorado
Dear Ms. Reid,
Bayswater Resources LLC, Bayswater Fund III -A, LLC, Bayswater Fund III -B, LLC, Bayswater
Fund IV -A, LP, Bayswater Fund IV -B, LP, Bayswater Fund IV -Annex, LP, and Bayswater
Exploration & Production, LLC (collectively "Bayswater") and Prairie Operating Co., Prairie
Operating Co., LLC, Otter Holdings, LLC, Prairie S WD Co., LLC, and Prairie Gathering I, LLC
(collectively "Prairie") have entered into a Purchase and Sale Agreement dated February 6, 2025,
covering a substantial portion of Bayswater's DJ Basin assets, including its rights and obligations
attributable to Road Maintenance Agreements further described on Exhibit A, attached hereto.
Under the Purchase and Sale Agreement, Bayswater intends to assign all of its rights and
obligations in the Road Maintenance Agreements, described on Exhibit A, to Prairie, effective
December 1, 2024. Similarly, Prairie intends to assume all of the same rights and obligations, and
be bound by the provisions of the Supply Agreement, effective December 1, 2024.
Accordingly, per Section C.1.0 of the Road Maintenance Agreements, Bayswater hereby
respectively requests your prior written consent to the anticipated assignment.
This Consent to Assign may be executed in any number of counterparts, each of which shall be
deemed an original instrument, but all in which together shall constitute one and the same
instrument
This Consent to Assign will only be effective upon closing. If closing is not consummated on or
before March 31, 2025, this Consent to Assign shall thereupon automatically terminate without
further action and shall be of no further force or effect.
Please provide your written acceptance to this Consent to Assign by executing below and returning
the same to my attention.
Thank you for your prompt attention to this matter. Should you have any questions or comments
regarding the above, please feel free to contact me at 720.881.4504 or by email at
Thammond@bayswater.us
Sincerely,
730 17. Street, Suite 500 Denver, Colorado, 80202 U.S.A. Telephone: 303-893-2503 Fax: 303-893-2508
Bayswater Resources LLC
Bayswater Fund III -A, LLC
Bayswater Fund III -B, LLC
Bayswater Fund IV -A, LP
Bayswater Fund IV -B, LP
Bayswater Fund IV -Annex, LP
Bayswater Exploration & Production, LLC
Tyler Hammond
Sr. District Landman
Agree to and accepted this ILA* day of
ATTEST:
.idio;e1
Weld County Clerk to the Board
By:
eputy Clerk to the Board
, 2025.
Board of County Commissioners
Weld County, Colorado
Chair, B. sd of County Commissioners
APR 4 2025
5023719 Pages: 3 of 4
04/18/2025 10:49 AM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County , CO
1111 tIMON'IC3/44i MAMA id tl III
41k BAYSWATER
73017th Street, Suite 500. Denver, CO 80202
303-893-2503 2
ZOZ5-1010
1" BAYSWATER
velpEXPLORATION & PRODUCTION
Exhibit A
Docume
nt #
WOGLA
Descripdon
Recording
Date
Operator
County
4572320
1041 WOGLA20-
0001
RMA20-0004 - ROAD MAINTENANCE & IMPROVEMENT AGREEMENT
ao Zo - O13a
3/5/2020
BAYSWATER EXPLORATION AND
PRODUCTION LLC
Weld County,
Colorado
4591109
1041 WOGLAI9-
0012
RMA20-0016 - ROAD MAINTENANCE & IMPROVEMENT AGREEMENT
a0 aao - L3 4
5/18/2020
BAYSWATER EXPLORATION AND
PRODUCTION LLC
Weld County,
Colorado
4597393
1041WOGLAI9-
0020
RMA20-0027 - ROAD MAINTENANCE & IMPROVEMENT AGREEMENT
ao a0 -1 k. 13
6/9/2020
BAYSWATER EXPLORATION AND
PRODUCTION LLC
Weld County,
Colorado
4644200
1041 WOGLA20-
0068
RMA20-0051 - ROAD MAINTENANCE & IMPROVEMENT AGREEMENT
a.ao - .W.a.
10/27/2020
BAYSWATER EXPLORATION AND
PRODUCTION LLC
Weld County,
Colorado
4672920
1041 WOGLA20-
0082
RMA20-0064 - ROAD MAINTENANCE & IMPROVEMENT AGREEMENT
e1O aJJ -3811
1/19/2021
NICKEL ROAD OPERATING LLC
Weld County,
Colorado
4707851
1041 WOGLA20-
0093
RMA21-0013 - ROAD MAINTENANCE & IMPROVEMENT AGREEMENT
cloak- k09-1
4/23/2021
BAYSWATER EXPLORATION AND
PRODUCTION LLC
Weld County,
Colorado
4892799
1041 WOGLA22-
0018
RMA23-0002 -ROAD MAINTENANCE & IMPROVEMENT AGREEMENT
acZ3 -O9 S."1
4/17/2023
BAYSWATER EXPLORATION AND
PRODUCTION LLC
Weld County,
Colorado
4989878
1041 WOGLA22-
0018
AMENDIA24-0001 -1st AMENDMENT TO ROAD MAINTENANCE &
IMPROVEMENT AGREEMENT :ZC) a 4 — Z-1,4 Q.
10/23/2024
BAYSWATER EXPLORATION AND
PRODUCTION LLC
Weld County,
Colorado
5023719 Pages: 4 of 4
04/18/2025 10:49 AM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County , CO
■III kiralighlirl1,11.M.'ililhAR'Iti tAl iIl Yyh III
730 17. Street, Suite 500 Denver, Colorado, 80202 U.S.A.
Telephone: 303-893-2503 Fax. 303-893-2508
Contract Form
Entity Information
Entity Name* Entity ID*
PRAIRIE OPERATING COMPANY @00048054
LLC
Contract Name*
ASSIGN ROAD MAINTENANCE AGREEMENT
1041 WOGLA20-0001 PRAIRIE OPERATING CO., LLC
Contract Status
CTB REVIEW
Q New Entity?
Contract ID
9340
Contract Lead*
jTRUJILLOMARTINEZ
Contract Lead Email
jtrujillomartinez@weld.go
v
Parent Contract ID
Requires Board Approval
YES
Department Project #
Contract Description*
ASSIGN ROAD MAINTENANCE AGREEMENT 1041 WOGLA20-0001 FROM BAYSWATER EXPLORATION AND
PRODUCTION LLC TO PRAIRIE OPERATING CO., LLC, ORIGINAL RECEPTION #4572320, NO COLLATERAL
REQUIRED
Contract Description 2
Contract Type*
AGREEMENT
Amount*
$0.00
Renewable*
NO
Automatic Renewal
Grant
IGA
Department
PLANNING
Department Email
CM-Planning@weld.gov
Department Head Email
CM-Planning-
DeptHead@weld.gov
County Attorney
GENERAL COUNTY
ATTORNEY EMAIL
County Attorney Email
CM-
COUNTYATTORNEY@WEL
D.GOV
Requested BOCC Agenda Due Date
Date* 04/12/2025
04/16/2025
Will a work session with BOCC be required?*
NO
Does Contract require Purchasing Dept. to be
included?
NO
If this is a renewal enter previous Contract ID
If this is part of a MSA enter MSA Contract ID
Note: the Previous Contract Number and Master Services Agreement Number should be left blank if those contracts
are not in OnBase
Contract Dates
Effective Date
Termination Notice Period
Contact Information
Review Date*
04/16/2026
Committed Delivery Date
Renewal Date
Expiration Date*
04/16/2027
Contact Info
Contact Name Contact Type Contact Email Contact Phone 1 Contact Phone 2
Purchasing
Purchasing Approver Purchasing Approved Date
Approval Process
Department Head Finance Approver Legal Counsel
DAWN ANDERSON CHERYL PATTELLI BYRON HOWELL
DH Approved Date Finance Approved Date Legal Counsel Approved Date
04/07/2025 04/08/2025 04/08/2025
Final Approval
BOCC Approved Tyler Ref #
AG041425
BOCC Signed Date Originator
JTRUJILLOMARTINEZ
BOCC Agenda Date
Hello