HomeMy WebLinkAbout20250648.tiffResolution
Approve Extension of Oil and Gas Lease Covering Certain Property Owned by Weld
County, Colorado (N1/2 S1/2 NW1/4 NE1/4 S24, T3N, R63W) — Kerr-McGee OnShore Oil
and Gas, LP
Whereas, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
Whereas, Weld County is the owner of vast mineral lands located in Weld County,
Colorado, and
Whereas, Kerr-McGee Onshore Oil and Gas, LP, submitted a request to extend the lease
of 10 net mineral acres, more or less, described to -wit:
N1/2 S1/2 NW1/4 NE1/4 of Section 24, Township 3 North, Range 63 West
of the 6th P.M., Weld County, Colorado
Whereas, Weld County desires to approve the request submitted by Kerr-McGee
Onshore Oil and Gas, LP, to extend the lease on the above -described mineral acreage
for $9,000.00, equivalent to one-third (1/3) of the original bonus amount, together with a
delay rental bonus of two dollars and 50/100 ($2.50) per net mineral acre, which is to run
for a period of six (6) months, commencing at twelve o'clock noon on March 2, 2025, and
ending at twelve o'clock noon on September 2, 2025.
Now, therefore, be it resolved by the Board of County Commissioners of Weld County,
Colorado, that the request submitted by Kerr-McGee Onshore Oil and Gas, LP, to extend
the lease on the above -described mineral acreage for $9,000.00, equivalent to
one-third (1/3) of the original bonus amount, together with a delay rental bonus of
two dollars and 50/100 ($2.50) per net mineral acre, which is to run for a period of
six (6) months, commencing at twelve o'clock noon on March 2, 2025, and ending at
twelve o'clock noon on September 2, 2025, be, and hereby is, granted and approved.
5018010 Pages: 1 of 2
03/24/2025 11:05 AM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County , CO
cc •. CT8(3R)` o xy (►ce re-Mc&se) 2025-0648
oy /oq/25 LE0190-4
1111 EntIllnIgliCIR Ii 11111
Extension of Oil and Gas Lease (N1/2 S1/2 NW1/4 NE1/4 S24, T3N, R63W) —
Kerr McGee OnShore Oil and Gas, LP
Page 2
The Board of County Commissioners of Weld County, Colorado, approved the above
and foregoing Resolution, on motion duly made and seconded, by the following vote on
the 10th day of March, A.D., 2025, nunc pro tunc March 2, 2025:
Perry L. Buck, Chair: Aye
Scott K. James, Pro -Tern: Aye
Jason S. Maxey: Aye
Lynette Peppler: Aye
Kevin D. Ross: Aye
Approved as to Form:
Bruce Barker, County Attorney
Attest:
Esther E. Gesick, Clerk to the Board
5018010 Pages: 2 of 2
03/24/2025 11:05 AM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County , CO
VIII F.AINI FIFA' VOW. Firm Dili.' IA 11111
2025-0648
LE0190-4
KERR-MCGEE OIL & GAS ONSHORE LP
Kerr-McGee Oil & Gas Onshore LP
1099 18th Street, Suite 700
Denver, CO 80202
March 2, 2025
Weld County Board of County Commissioners
PO Box 758
Greely, CO 80632
1099 18TH STREET #700 • DENVER, COLORADO 80202
P O Box 173779 • DENVER, COLORADO 80202
Kerr-McGee Oil & Gas Onshore LP
RE: Election to Exercise Option to Extend Primary Term of Oil and Gas Leases dated March 2, 2022
Reception No. 4808679
Reception No. 4808680
Ladies and Gentlemen,
Pursuant to the terms of Paragraph 24 of the captioned leases, Kerr-McGee Oil & Gas Onshore LP is electing to
extend the primary term of the referenced leases for an additional six (6) month period. The extended primary term
will expire on September 2, 2025.
Enclosed please find the following checks dated January 16, 2025. The checks are payable in the amounts due
pursuant to the extension provision in the leases:
QLS 25875100 (Reception No. 4808679) $18,000.00
QLS 25874700 (Reception No. 4808680) $9,000.00
To properly document your receipt hereof, we respectfully request that you sign and date one (1) copy of the
enclosed letter and return it to our office via email or standard mail.
Should you have any questions in this regard, please do not hesitate to contact our office.
erel
Anthony .nd
Land Negotiator Advisor
Kerr-McGee Oil & Gas Onshore LP
Anthony landry@oxy.com
Office 720-929-3223
By: No Signature Obtained - Please See Attached Resolution
Name:
Title:
Date:
2025-0648
Laow -4
•
oxY
•
Oxy USA Inc
P 0 Box 2647
Houston, TX 77252-2647
WELD COUNTY COLORADO
PO BOX 758
GREELEY CO 80632
PAYMENT DOCUMENT
2000956895
RECEIVED
JAN 2 8 27'
WELD COUNTY
COMMISSIONERS
DATE
01/17/2025
CHECK NO.
0100110881
80148386
DATE
INVOICE/CREDIT
MEMO
COMPANY
CODE
PO
NUMBER
DISCOUNT
NET
1/16/2025
cpc
WELD
atcp4
COUN
a8341
4,
25874700
Y COLORADO
ET
AL
0201
L. e_c).%....L...
9,000.00
x errs
\ O\n
THE ATTACHED
CHECK IS IN PAYMENT FOR ITEMS DESCRIBED ABOVE
TOTAL
>
$9,000.00
01/16/2025
WELD COUNTY COLORADO
PO BOX 758
GREELEY, CO 80632
i
This payment is tendered on behalf of the owner or owners of
record of the said agreement for credit of
WELD COUNTY COLORADO
PO BOX 758
GREELEY, CO 80632
SSN/TIN ""'0813
Payment Method C
Quorum
Reference
Number
Payment
Period
Be innin
Payment
Frequency
Payment Type
Agreement Number
Effective Date
Acres Cover (More or Less)
Agreement Name
Processed
Date
25874700
03/02/2022
10 00
WELD COUNTY COLORADO ET AL
Payee ID Payment
,I
Total
7893510824
03/02/2025
One Time Only
Extension Payment
01/16/2025
80148386
$9,000 00
' $9,000,00
J
Legal Descnphon
USA/Colorado/Weld
`06
T003N - R063W SEC 024
Legal Segment (10 / 0 acres)
N2 S2NW4NE4
All depths
Inquines regarding this check should refer to "Agreement Number" and be addressed to
OXY USA Inc, P O Box 27570 Houston, TX 77227-7570 i
J
oxY
Oxy USA Inc
P 0 Box 2647
Houston, TX 77252-2647
WELD COUNTY COLORADO
PO BOX 758
GREELEY CO 80632
PAYMENT DOCUMENT
2000956894
RECEIVED
JAN 2 7 2025
WELD COUNTY
COMMISSIONERS
DATE
01/17/2025
CHECK NO.
0100110880
80148386
DATE
INVOICE/CREDIT
MEMO
COMPANY
CODE
i PO
NUMBER
DISCOUNT
NET
1/16/2025
et
WELD
Re_CS:
"a-1
COUNFY
1
a
Li
25874700
COLORADO
tb\-
ET
AL
0201
0
Rcin it 1
25.00
cx
LEcNSO4
THE
CHECK IS IN PAYMENT FOR ITEMS DESCRIBED ABOVE
TOTAL
>
I
$25.00
ATTACHED
01/16/2025
WELD COUNTY COLORADO
PO BOX 758
GREELEY, CO 80632
This payment is tendered on behalf of the owner or owners of
record of the said agreement for credit of
WELD COUNTY COLORADO
PO BOX 758
GREELEY, CO 80632
SSN/TIN 0813
Payment Method
Quorum Payment
Reference Period
Number Beammno
Payment
Frequency
I7893510823 I 03/02/2025 I Annual
Legal Description
Agreement Number
Effective Date
Acres Cover (More or Less)
Agreement Name
25874700
03/02/2022
10 00
WELD COUNTY COLORADO ET AL
Processed
Payment Type Date Payee ID Payment Total
Delay Rental I 01/16/2025 I 80148386 I $25 00 I $25 00
USA/Colorado/Weld
06
T003N - R063W SEC 024
Legal Segment (10 / 0 acres)
N2 S2 NW4 NE4
All depths
Inquiries regarding this check should refer to "Agreement Number" and be addressed to
OXY USA Inc, P O Box 27570 Houston, TX 77227-7570
*PLEASE KEEP AND SCAN IN TYLER*
Notes for Distribution Clerk
Please send the Lease to Recording
When the Oil and Gas Lease comes back from Recording, please be
sure to make a copy for our files and mail the original, recorded lease
to:
Please email to:
heather_campbell@oxy.com
anthony_landry@oxy.com
Please include the following in the mailing:
*Only the Original Recorded Lease and copy of resolution - DO NOT
SEND BACK-UP OR MAP, THAT STAYS WITH OUR COPY OF THE
LEASE.
Thanks.
Jess
Date sent to Recording o3/9-o/2S
Date mailed out off/oCc/2.5
By Mar; a-1,‘ 1—(;,50.5
ZoS -06,4
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