HomeMy WebLinkAbout20252920.tiffWeld County Small -Tract Oil and Gas Lease
Containing the following acres, more or less: 2.1170
Containing the following net mineral acres, more or less: 1.0585
This lease agreement is dated: O c ohax a '1, a5
This lease agreement expires at twelve o'clock noon on: O c olosx a -t aba$
Made and entered into by and between Weld County, Colorado, a political
subdivision of the State of Colorado, acting by and through the Board of County
Commissioners of the County of Weld, for its respective interests, do Board of County
Commissioners, 1150 O Street, P.O. Box 758, Greeley, Colorado 80632, hereinafter
called Lessor, and the following, hereinafter called Lessee:
PDC Energy, Inc., a Delaware corporation, whose address is 1099 18th Street, Suite
1500, Denver, CO 80202
Whereas, said Lessee has applied to Lessor for an oil and gas lease covering the
land herein described, and has paid a bonus consideration as described below, calculated
at $1,200.00 per mineral acre, as an additional consideration for the granting of this lease:
Bonus consideration totaling: $1,270.20
Whereas, all the requirements relative to said lease agreement have been duly
complied with and said lease agreement has been approved and allowed by Lessor;
Therefore, in consideration of the agreements herein, on the part of Lessee to be
paid, kept and performed, Lessor does lease exclusively to Lessee for the sole and only
purpose of drilling for, development of and production of oil and gas, or either of them,
thereon and therefrom with the right to own all oil and gas so produced and saved
therefrom and not reserved as royalty by Lessor under the terms of this lease, together
with rights -of -way, easements and servitudes for pipelines, telephone and telegraph lines,
tanks and fixtures for producing and caring for such product, and housing and boarding
employees, and any and all rights and privileges necessary for the exploration and
operation of said land for oil and gas, the following described land situated in the County
of Weld, State of Colorado, and more particularly described as follows:
Section:
Township:
Range:
26
5 North
66 West
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Carly Koppel, Clerk and Recorder, Weld County , CO
C O v.0 f.` \ \ce\C\ C
2025-2920
LSO 8
Description of Land (attach exhibit if additional space is required):
2.1170 acres, more or less, being Outlot A, First Replat of West Hill -N -Park 1st
Filing, as shown in that certain Plat dated June 15, 1983, recorded under
Reception No. 1648851, lying in the NE/4SW/4 and NW/4SE/4 of Section 26,
Township 5 North, Range 66 West, 6th P.M.
To have and to hold said land, and all the rights and privileges granted hereunder,
so long thereafter as oil and gas, or either of them, is produced in paying quantities from
said land or Lessee is diligently engaged in bona fide drilling or reworking operations on
said land, subject to the terms and conditions herein. Drilling or reworking operations shall
be deemed to be diligently performed if there is no delay or cessation thereof for a greater
period than sixty (60) consecutive days, unless an extension in writing is granted by
Lessor; provided that such drilling or reworking operations are commenced during said
primary term or any extension thereof, or while this lease is in force by reason of
production of oil and gas or either of them, or that such reworking is commenced within
(60) sixty days upon cessation of production for the purpose of re-establishing the same,
and provided further that such production is commenced during such primary term or any
extension thereof, or while this lease is in force by reason of such drilling or reworking
operations or other production.
Exploration: Lessor reserves the right to conduct exploration on the leased land
provided such exploration does not interfere with rights granted herein.
In consideration of the premises, the parties covenant and agree as follows:
1. Rental: This is a paid -up lease. In consideration of the down cash payment, Lessor
agrees that Lessee shall not be obligated, except as otherwise provided herein, to
commence or continue any operations during the primary term. Lessee may at any
time or times during or after the primary term surrender this lease as to all or any
portion of said land and as to any strata or stratum by delivering to Lessor or by
filing for record a release or releases, and be relieved of all obligation thereafter
accruing as to the acreage surrendered.
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Carly Koppel, Clerk and Recorder, Weld County , CO
Wirdrari911116310ItAl MIN II I
Page 2 of 16
Weld County Small -Tract O6 and Gas Lease
Revised August 18, 2025
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Carly Koppas, Clark and Recorder, Weld County , CO
P' O'i'111610 till
2. Royalty Provisions:
a. Lessee Responsible for Ail Costs/Expenses: Lessee shall account for any
and all substances produced on the leased land and shall pay to Lessor as
royalty, in addition to the rentals provided, the royalties described in
paragraphs `b' through `e' below, which shall be free of all costs of any kind.
In this regard, Lessee agrees to bear one hundred percent (100%) of all
costs and expenses incurred in rendering hydrocarbons produced on or
from the Leased Premises marketable and delivering the same into the
purchaser's pipeline for immediate transportation to an end user or storage
facility. If a gas purchase contract makes any deductions for the expenses
of dehydrating, transporting, compressing, manufacturing, processing,
treating, gathering or marketing of such gas, then such deductions shall be
added to the price received by Lessee for such gas for the purpose of the
payment of royalties to Lessor. Additionally, royalties payable to Lessor
shall never bear, either directly or indirectly, under any circumstances, the
costs or expenses (including depreciation) to construct, repair, renovate or
operate any pipeline, plant, or other facilities or equipment used in
connection with the treating, separation, extraction, gathering, processing,
refining, transporting, manufacturing or marketing of hydrocarbons
produced from the Leased Premises or lands pooled therewith. It is the
intent of the parties that the provisions of this Paragraph 2 are to be fully
effective and enforceable.
b. Royalty Payment on Products: On products, Lessee shall pay Lessor a
royalty payment of twenty-two and one-half percent (22.5%) of the gross
market value or proceeds of sale thereof, whichever is higher.
c. Royalty Payment on Residue Gas: On residue gas or gas remaining after
separation, extraction or processing operations, Lessee shall pay Lessor
twenty-two and one-half percent (22.5%) of the proceeds of sale or of the
market value thereof, whichever is higher.
d. Royalty Payment on Oil: At the option of Lessor, and with sixty (60) days'
notice to Lessee, Lessor may take its royalty oil in kind, in which event
Lessee shall deliver such royalty oil to Lessor on the leased land, free of
cost or deduction, into the pipelines or storage tanks designated by Lessor,
but Lessee shall not in such case be required to provide free tankage for
any such oil for a longer period than one month after the same is run into
tanks. With sixty (60) days' notice to Lessee, Lessor may cease taking oil
royalty in kind. When paid in cash, Lessee shall pay Lessor for oil produced
and saved from the leased land, twenty-two and one-half percent (22.5%)
the market value of the oil at the wellhead, or the price actually paid to
Lessee at the well by the purchaser thereof, whichever is higher; and in no
event shall the royalties be based upon a market value at the well less than
the posted price in the field for such oil, or in the absence of a posted price
in the field for such oil, upon a market value at the well less than the
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prevailing price received by other producers in the field for oil of like grade
and gravity at the time such oil is run into pipelines or storage tanks.
e. No Refund of Bonus: If Lessor owns a lesser interest in the oil and gas
deposits of the above -described land than the entire and undivided fee
simple estate, then the royalties and rentals herein provided shall be paid
to Lessor only in the portion which its interest bears to the whole and
undivided fee, but no refund of any bonus consideration shall be made by
Lessor hereunder.
f. Timing of Royalty Payments: All royalties payable under the terms of this
lease shall be payable in cash (unless Lessor elects to take such royalty oil
or gas in kind) to Lessor within one hundred twenty (120) days following the
first commercial sale of production and thereafter no more than
sixty (60) days after the end of the month following the month during which
production takes place. Subject to the provisions of Paragraph 16 of this
Lease concerning shut-in wells, royalties shall be paid to Lessor by Lessee
and/or its assigns or by the product purchaser for oil and/or gas. Upon the
failure of any party to pay Lessor the royalty as provided in this paragraph,
Lessor may, at Lessor's option, elect to terminate this Lease by sending
written notice to Lessee. Lessee shall then have forty-five (45) days from
the date of service of such written notice in which to avoid termination of
this Lease by making or causing to be made the proper royalty payment or
payments that should have been paid. If such royalty payment is not made
on, or before, the expiration of the 45 -day period, or written approval is not
obtained from Lessor to defer such payment, Lessor may elect to terminate
this Lease by filing a Notice of Termination with the Weld County Clerk and
Recorder. The effective date of said termination shall be the date said
Notice of Termination is recorded.
g. Effect of "Take or Pay Provision": In the event Lessee enters into a gas
purchase contract which contains what is commonly referred to as a "take
or pay provision" (such provision meaning that the gas purchaser agrees to
take delivery of a specified minimum volume or quantity of gas over a
specified term at a specified price or to make minimum periodic payments
to the producer for gas not taken by the purchaser) and the purchaser under
such gas purchase contract makes payment to Lessee by virtue of such
purchasers failure to take delivery of such minimum volume or quantity of
gas, then Lessor shall be entitled to twenty-two and one-half percent
(22.5%) of all such sums paid to Lessee or producer under the "pay"
provisions of such gas purchase contract. Such royalty payments shall be
due and owing to Lessor within sixty (60) days after the receipt of such
payments by Lessee. If the gas purchaser "makes up" such gas within the
period called for in the gas contract and Lessee is required to give such
purchaser a credit for gas previously paid for but not taken, then Lessor
shall not be entitled to royalty on such "make up" gas. If Lessee is not
producing any quantities of gas from the Leased Premises but is receiving
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Oil and Gas Lease
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payments under the "pay" portion of such "take or pay" gas purchase
contract provision, such payments shall not relieve Lessee of the duty to
make shut-in royalty payments if Lessee desires to continue this Lease, but
such "take or pay" royalty payments shall be applied as a credit against any
shut-in royalty obligation of the Lessee. Lessor shall be a third -party
beneficiary of any gas purchase contract and/or transportation agreement
entered into between Lessee and any purchaser and/or transporter of
Lessor's gas, irrespective of any provision of said contracts to the contrary,
and such gas purchase contract and/or transportation agreement will
expressly so provide. Further, Lessor shall be entitled to twenty-two and
one-half percent (22.5%) of the value of any benefits obtained by, or granted
to, Lessee from any gas purchaser and/or transporter for the amendment,
modification, extension, alteration, consolidation, transfer, cancellation or
settlement of any gas purchase contract and/or transportation agreement.
h. Recovery of Liquid Hydrocarbons: Lessee agrees that before any gas
produced from the Leased Premises is used or sold off the Leased
Premises, it will be run, free of cost to Lessor, through an adequate oil and
gas separator of a conventional type or equipment at least as efficient, to
the end that all liquid hydrocarbons recoverable from the gas by such
means will be recovered on the lease and Lessor properly compensated
therefor.
i. Excess Payments to Lessor: Any payment of royalty or shut-in gas royalty
hereunder paid to Lessor in excess of the amount actually due to the Lessor
shall nevertheless become the property of the Lessor if Lessee does not
make written request to Lessor for reimbursement within one (1) year from
the date that Lessor received the erroneous payment, it being agreed and
expressly understood between the parties hereto that Lessor is not the
collecting agent for any other royalty owner under the lands covered hereby,
and a determination of the name, interest ownership and whereabouts of
any person entitled to any payment whatsoever under the terms hereof shall
be the sole responsibility of Lessee. It is further expressly agreed and
understood that: (i) this provision shall in no way diminish the obligation of
Lessee to make full and punctual payments of all amounts due to Lessor or
to any other person under the terms and provisions of this Lease, and (ii)
any overpayments made to the Lessor under any provisions of this Lease
shall not be entitled to be offset against future amounts payable to parties
hereunder.
J.
Effect of Division Order: The terms of this Lease may not be amended by
any division order and the signing of a division order by any mineral owner
may not be made a prerequisite to payment of royalty hereunder.
k. Limitation of Sale to Subsidiaries and/or Affiliates: Oil, gas or products may
not be sold to a subsidiary or affiliate of Lessee as defined herein without
the Lessor's prior written permission.
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O8 and Gas Lease
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I. Royalty Payable on All Gas Produced: Lessee shall pay Lessor royalty on
all gas produced from a well on the Leased Premises and sold or used off
the Leased Premises, regardless of whether or not such gas is produced to
the credit of Lessee or sold under a contract executed by or binding on
Lessee. Should gas be sold under a sales contract not binding on Lessee,
Lessor's royalty will be calculated based on the highest price paid for any
of the gas produced from the well from which such gas is produced. In no
event will the price paid Lessor for Lessor's share of gas be less than the
price paid Lessee for Lessee's share of gas.
3. Lessor's Access to Leased Property and Records
a. Records Generally: Lessee agrees to keep and to have in its possession
complete and accurate books and records showing the production and
disposition of any and all substances produced on the leased land and to
permit Lessor, at all reasonable hours, to examine the same, or to furnish
copies of same to Lessor upon request along with purchaser's support
documentation. Lessor will not be unreasonable with requests. All said
books and records shall be retained by Lessee and made available in
Colorado to Lessor for a period of not less than five (5) years.
b. Access to Premises: Lessor shall have free access, at all times, to all wells,
tanks, and other equipment on the Leased Premises, including drilling wells,
and Lessee agrees to furnish Lessor, or Lessor's nominee, currently and
promptly, upon written request, with full well information including cores,
cuttings, samples, logs (induding Schlumberger and other electrical logs),
copies and results of deviation tests and directional and seismic surveys,
and the results of all drill stem tests and other tests of other kind or character
that may be made of wells on the Leased Premises. Lessor or Lessor's
nominee shall be furnished with, and have free access at all times to,
Lessee's books and records relative to the production and sale of oil, gas
or other minerals from the Leased Premises, including reports of every kind
and character to local, State or Federal governmental authorities. Lessor
shall have the right, at its election, to employ gaugers or install meters to
gauge or measure the production of all minerals produced from the
premises, and Lessee agrees to prepare and deliver to Lessor or Lessor's
gauger or nominee duplicate run or gauge tickets for all minerals removed
from the premises. Lessee shall furnish to Lessor daily drilling reports on
each well drilled upon request.
c. Gas Purchase Agreements/Gas Contracts: At least thirty (30) days prior to
the delivery or the execution of any contract for the sale, delivery,
transporting or processing of gas produced from the Leased Premises,
Lessee shall provide Lessor with a complete copy of each proposed
contract for the purchase, transportation and/or processing of such gas that
Lessee intends to execute (each a "Gas Contract"), whereupon, Lessor may
object if the terms of said Gas Contract conflict with the terms and
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conditions of this Lease. Lessee shall furnish to Lessor, within a reasonable
time after its execution, a copy of any Gas Contract or transportation
agreement entered into in connection with the Leased Premises, or if there
is already a Gas Contract or transportation agreement in effect due to
Lessee's operations in the field, then a copy of that contract. Furthermore,
a copy of any amendments to the gas purchase contract or transportation
agreement shall be furnished said Lessor within thirty (30) days after
execution thereof; and on request of Lessor and without cost to the Lessor,
Lessee shall furnish Lessor a copy of the following reports: core record,
core analysis, well completion, bottom hole pressure measurement,
directional survey records, electrical and induction surveys and logs, gas
and oil ratio reports, paleontological reports pertaining to the paleontology
of the formations encountered in the drilling of any wells on the Leased
Premises, and all other reports which pertain to the drilling, completing or
operating of the wells located on the Leased Premises. Such information
shall be solely for Lessor's use, and Lessor shall attempt to keep same
confidential for twelve (months after receipt, subject to its obligation to
comply with the Public Records requirements under Colorado law. Lessee
agrees that it will not enter into any contract for the sale, delivery,
transporting or processing of gas produced from the Leased Premises
which shall extend more than two (2) years from the effective date of such
sales contract unless such contract has adequate provisions for
redetermination of price at intervals of no less frequency than one (1) year
to ensure that production from this Lease is not being sold for less than the
then current market value.
d. Lessee to Advise Regarding Well Status: Lessee shall advise Lessor, in
writing, of the location of all wells drilled upon the Leased Premises on or
before thirty (30) days prior to commencement of operations, and shall
advise Lessor, in writing, the date of completion and/or abandonment of
each well drilled within thirty (30) days after completion or abandonment.
4. Measurements: All production shall be accurately measured using standards
established by the American Gas Association (AGA) and/or the American
Petroleum Institute (API) and all measuring devices shall be tamper proof as nearly
as possible. Oil royalties due within the terms of this lease shall be calculated on
actual and accurate measurements within API standards unless a different means
of measurement, subject to Lessor's approval, is provided.
5. Payments and Reports: All payments and reports due hereunder shall be made on
or before the day such payments and reports are due. Nothing in this paragraph
shall be construed to extend the expiration of the primary term hereof. Oil royalty
payments and supporting documents shall be submitted prior to the last day of the
month following each month's sale of production, and gas royalty payments and
supporting documents shall be submitted prior to the last day of the second month
following each month's sale of production. All payments shall be made by cash,
check, certified check, or money order. Payment having restrictions, qualifications,
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Carly Kappa', Clerk and Recorder, Wald County , CO
or encumbrances of any kind whatsoever shall not be accepted by Lessor.
A penalty for a late payment shall be charged as set forth in the 'Penalties'
paragraph herein.
6. Penalties: A penalty shall be imposed for, but not limited to, late payments,
improper payments, operational deficiencies, violation of any covenant of this
lease, or false statements made to Lessor. Penalties shall be determined by
Lessor, unless otherwise provided for by law, and may be in the form of, but not
limited to, interest, fees, fines, and/or lease cancellation. A penalty schedule shall
be prepared by Lessor and shall become effective immediately after public notice.
Said schedule may be changed from time to time after public notice.
7. Law: The terms and conditions of this lease shall be performed and exercised
subject to all laws, rules, regulations, orders, local ordinances or resolutions
applicable to, and binding upon, the administration of lands and minerals owned
by the County of Weld, and to laws, rules and regulations governing oil and gas
operations in Colorado. Violations shall result in penalties as provided for by law
or as set forth in the aforementioned schedule or shall, at the option of Lessor,
result in default as provided hereinafter.
8. Surrender: Lessee may at any time, by paying to Lessor all amounts then due as
provided herein, surrender this lease insofar as the same covers all or any portion
of the land herein leased and be relieved from further obligations or liability
hereunder with respect to the land so surrendered; provided that this surrender
clause and the option herein reserved to Lessee shall cease and become
absolutely inoperative immediately and concurrently with the institution of any suit
in any court of law by Lessee, Lessor or any assignee of either to enforce this
lease, or any of its terms expressed or implied. In no case shall any surrender be
effective until Lessee shall have made full provision for conservation of the leased
products and protection of the surface rights of the leased land.
9. Assignments:
a. Fee for Assignments: Lessee, upon payment of a $100.00 fee and prior
written consent of Lessor (which shall not be unreasonably withheld), shall
have the right to assign the entire leasehold interest of said Lessee in all or
part of the land covered hereby. Prior to written approval by Lessor of
assignment of this lease, Lessee (assignor) shall not be relieved of its
obligations under the terms and conditions herein. An assignment shall not
extend the term of this lease.
b. Partial Assignment: If any assignment of a portion of the land covered
hereby shall be approved, a new lease shall be issued to the assignee
covering the assigned land, containing the same terms and conditions as
this lease, and limited as to term as this lease is limited, and the assignor
shall be released and discharged from all further obligations and liabilities
as to that portion so assigned.
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)il and Gas Lease
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c. Lessee to Notify: Lessee shall notify Lessor of all assignments of undivided
percentage or other interests. Said interests will not be recognized or
approved by Lessor, and the effect of any such assignments will be strictly
and only between the parties thereto, and outside the terms of this lease,
and no dispute between parties to any such assignment shall operate to
relieve Lessee from performance of any terms or conditions hereof or to
postpone the time therefore. Lessor shall at all times be entitled to look
solely to Lessee or his assignee shown on its books as being the sole owner
hereof, and for the sending of all notices required by this lease and for the
performance of all terms and conditions hereof.
d. Filing with Lessor: Although not binding on Lessor, all instruments of every
kind and nature whatsoever affecting this lease should be filed with the
Lessor.
10. Overiding Royalty: Any and all reservations or assignments or overriding royalties
shall be subject to approval by Lessor. The total of said overriding royalties shall
not exceed five percent (5%), including any overriding royalty previously provided
for unless production exceeds a monthly average of fifteen (15) barrels per day or
ninety thousand cubic feet of gas per day (90 MCF/D). In the event production
drops to this amount or less, any overriding royalties which exceed five percent
(5%) may be suspended. Lessor's approval of a reservation or assignment of an
overriding royalty shall not bind Lessor for payment of said overriding royalty and
shall not relieve Lessee of any of its obligations for payment of royalties to Lessor
as provided by ROYALTY paragraphs herein.
11. Offset Wells: Lessee agrees to protect the leased land from drainage by offset
wells located on adjoining lands not owned by Lessor, when such drainage is not
compensated for by counter -drainage. It shall be presumed that the production of
oil and gas from offset wells results in drainage from the leased land, unless
Lessee demonstrates to Lessor's satisfaction, by engineering, geological, or other
data, that production from such offset well does not result in such drainage, or that
the drilling of a well or wells on the leased land would not accomplish the purposes
of protecting the deposits under the leased land. Lessor's decision as to the
existence of such drainage shall be final, and Lessee shall comply with Lessor's
order thereon or surrender this lease as to any such undeveloped acreage as
designated by Lessor.
12. Development: Upon discovery of oil and gas or either of them on the leased land,
Lessee shall proceed with reasonable diligence to develop said land at a rate, and
to an extent, commensurate with the economic development of the field in which
the leased land lies.
13. Pooling Clause: Lessee may at any time or times pool any part or all of said land
or lease or any stratum or strata with other lands and leases, stratum or strata, in
the same field so as to constitute a spacing unit to facilitate an orderly or uniform
well -spacing pattern or to comply with any order, rule, or regulation of the State or
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Federal regulatory or conservation agency having jurisdiction. Such pooling shall
be accomplished or terminated by filing of record and with the Colorado Oil and
Gas conservation Commission a declaration of pooling, or declaration of
termination of pooling, and by mailing or tendering a copy to Lessor. Drilling or
reworking operations upon or production from any part of such spacing unit shall
be considered for all purposes of this lease as operations or productions from this
lease. Lessee shall allocate to this lease the proportionate share of production
which the acreage in this lease included in any such spacing unit bears to the total
acreage in said spacing unit.
14. Unitization — Communitization: In the event Lessor permits the land herein leased
to be included within a communitization or unitization agreement, the terms of this
lease may be deemed to be modified to conform to such agreement. When only a
portion of the land under this lease is committed by an agreement, Lessor may
segregate the land and issue a separate lease for each portion not committed
thereunder; the term of such separate lease shall be limited as to the original term
of this lease. The terms of the lease on that portion remaining in the unit shall be
deemed to be modified to conform to such agreement. Non -producing leases shall
terminate on the first anniversary date of the lease following the termination date
of the unit or part thereof modifying the lease, but in no event prior to the end of
the primary term of the lease or the extension term of the lease.
15. Production: Lessee shall, subject to applicable laws, regulations and orders,
operate and produce all wells upon the leased land so long as the same are
capable of producing in paying quantities, and shall operate the same so as to
produce at a rate commensurate with the rate of production of wells on adjoining
lands within the same field and within the limits of good engineering practice,
except for such times as there exist neither market nor storage therefore, and
except for such limitations on, or suspensions of, production as may be approved
in writing by Lessor. Lessee shall be responsible for adequate site security on all
producing properties.
16. Shut -In Wells: If Lessee shall complete a well on the leased land productive of gas
and Lessee is unable to produce such gas due to a lack of suitable market
therefore, Lessor may grant Lessee suspension of his obligations to produce
hereunder until a suitable market for such gas can be found, and during any such
suspension period, it shall be deemed that gas is being produced hereunder in
paying quantities. Except, however, that beginning on the anniversary date next,
of the year of an extension of the lease by reason of a shut-in well, Lessee shall
pay to Lessor a shut-in royalty equal to $2.50 per acre of the lease per annum. The
minimum amount of such shut-in royalty payment shall be $240.00. Shut-in royalty
payments shall not be reduced or proportioned when the Lessor is not the sole
mineral interest owner. Each year's shut-in royalty shall be forfeited to Lessor
except for the shut-in royalty paid for the year during which the well begins
production. The maximum extension of the lease, due to the existence of a shut-in
well, shall be five (5) years beyond the extension term as described in the
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`Extension' paragraph herein. The granting of any further extensions shall be at
the sole option of Lessor.
17. Operations: Exploration, drilling or production operation, including permanent
installations, shall be in compliance with all Colorado Oil and Gas Conservation
Commission and State of Colorado Regulations. Reports required to be filed with
the Colorado Oil and Gas Conservation Commission shall be made immediately
available to Lessor upon request.
18. Notification: Lessee shall notify Lessor and the surface lessee or surface owner of
the location of each drill site at least two weeks prior to commencing drilling
operations thereon. Lessee shall notify Lessor before commencing to plug and
abandon any well by copy of Lessee's request for approval or sundry notice of
intent to plug and abandon.
19. Bonds: Lessee shall be liable for all damages to the surface of the land, livestock,
growing crops, water wells, reservoirs, or improvements caused by Lessee's
operations on said land. No operations shall be commenced on the land
hereinabove described unless and until Lessee shall have filed a good and
sufficient bond with Lessor, in an amount to be fixed by Lessor, to secure the
payment for such damages as may be caused by Lessee's operations on said land
and to assure compliance with all the terms and provisions of this lease, the laws
of the State of Colorado, and the rules and regulations thereto appertaining.
A bond may be held in effect for the life of production of any well.
20. Settlement: Lessee shall not remove any machinery, equipment or fixtures placed
on said land, other than drilling equipment, nor draw the casing from any well
unless and until all payments and obligations currently due Lessor under the terms
of this lease shall have been paid or satisfied. Any machinery, equipment or
fixtures left on this land for a period of more than six (6) months after the expiration
hereof, shall automatically become the property of Lessor.
21.Other Discovery: Should Lessee discover any valuable products other than oil and
gas, on or within the leased land, Lessee shall within seven (7) days report such
discovery to Lessor, in which event Lessee and Lessor may negotiate a provision
for production of such discovery.
22. Water: This lease does not grant permission, express or implied, to Lessee for
water exploration, drilling, or establishing water wells without the written
permission of the surface owner. If Lessor is the surface owner, said permission
shall not be unreasonably withheld. If Lessee desires to establish or adjudicate
any water right for beneficial use on the leased land, any such adjudication or
application shall be in the name of Lessor if Lessor is the surface owner. The same
shall apply to any non tributary water rights established on the leased land which
may be put to beneficial use off said land.
'3861867 Pages: 11 of 16
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Carly Kopp., Clerk and Reoorder, Weld County , CO
IIII NFAM &MON'CRM RI& 11111
of 16
Weld County Small -Tract Oil and Gas Lease
Revised August 18, 2025
23. Default Upon failure or default of Lessee to comply with any of the terms and
provisions hereof including, but not limited to, the failure to comply with laws, rules
and regulations governing Colorado oil and gas operations, Lessor is hereby
authorized upon notice and hearing, as hereinafter provided, to cancel this lease
as to all of the leased land so daimed or possessed by lessee hereunder. In the
event of any such default or failure, Lessor shall, before making any such
cancellation, send to Lessee by certified mail, to the post office address of said
lessee as shown by the records of Lessor, a notice of intention to cancel for such
failure or default, specifying the same, stating that if within forty-five (45) days from
the date of mailing said notice, Lessee shall correct such failure or default, no
cancellation will be made. If such failure or default is not corrected within forty-five
(45) days after the mailing of such notice, and if Lessee does not request a hearing
on such notice within forty-five (45) days, this lease will terminate and be canceled
by operation of this paragraph without further action by Lessor, or further notice to
Lessee.
24: Extension: If Lessee fails to make discovery of oil and gas, or either of them, in
paying quantities during the primary term hereof, or during drilling operations
commenced during the primary term hereof, Lessee may make written application
to Lessor for an extension of this lease. The granting of such extension shall be at
the sole option of Lessor, according to the following conditions:
a. Extension Limit: No lease term will be extended for more than
six (6) months from the original expiration date.
b. Extension Payment: The Lessee shall pay to the Lessor the sum of
one-third (1/3) of the original bonus amount
c. No Change in Royalty: The royalty will remain the same.
25. Hold Harmless: Lessee shall indemnify Lessor against all liability and loss, and
against all claims and actions, including the defense of such claims or actions,
based upon, or arising out of, damage or injury, including death, to persons or
property caused by, or sustained in connection with, operations on this leased land
or by conditions created thereby, or based upon any violation of any statute,
ordinance, or regulation.
26. Condemnation: If the leased land shall be taken in any condemnation proceeding,
this lease shall automatically terminate as of the date of taking. The award for such
condemnation shall be paid to Lessor, except for any specific award(s) paid to
Lessee for severed oil and gas reserves, in which event 50% of such specific
award(s) shall be paid to Lessor in lieu of royalty lost by virtue of the condemnation.
Improvements shall be removed by Lessee per terms in the 'Settlement' paragraph
herein. If only a portion of the leased land is taken by condemnation, Lessor may,
at its option, terminate this lease or terminate only that portion of the lease so
taken.
5061867 Pages: 12 of 16
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Carly Kopp., Clerk and Recorder, Weld County , CO
IIIII led �I ' l� Rorm illrA lid till 116
,t Oil and Gas Lease
Revised August 18, 2025
27. Errors: Every effort is made by Lessor to avoid errors in all procedures including,
but not limited to, auction listings and lease preparation. Lessor shall not be liable
for any inconvenience or loss caused by errors which may occur. Lessee shall
notify Lessor immediately upon discovery of any errors or discrepancy whatsoever.
28. Archaeology: Lessee shall not destroy, disturb, mar, collect, remove or alter any
prehistoric or historic resources of any kind on Weld County lands as provided by
law. These resources include, but are not limited to, all artifacts of stone, wood or
metal, pictographs, structures, and bones. A discovery of anything of prehistoric or
historic nature shall be reported to Lessor or the State of Colorado Archaeologist
immediately.
29. Definitions: For purposes of this Lease, the following definitions apply:
a. "Products" refers to any and all substances produced on the leased
property, including all oil and gas, found on or under the leased property.
b. "Market Value"shall mean for gas and products therefrom (i) the gross price
at which gas or products therefrom are sold pursuant to a Gas Contract, as
defined in paragraph 2C, or (ii) if not sold pursuant to a Gas Contract, as
defined in paragraph 2C, the highest gross price reasonably obtainable for
the quantity of gas or products available for sale, through good faith
negotiations for gas or products produced from the Leased Premises at the
place where such gas or product is available for sale on the date of such a
contract with adequate provisions for redetermination of price at intervals of
no less frequency than two (2) years to ensure that the production is being
sold for no less than the current market price. Included within the definition
of "Market Value" as used herein is the presumption that Gas Contracts are
arms -length contracts with purchasers who are not subsidiaries or affiliates
of Lessee. "Market Value" shall never be less than the amount actually
received by the Lessee for the sale of hydrocarbons.
c. `Affiliate" is defined as the parent company or a subsidiary of Lessee, a
corporation or other entity having common ownership with Lessee, a partner
or joint venturer of Lessee with respect to the ownership or operation of the
processing plant, a corporation or other entity in which Lessee owns a ten
percent or greater interest, or any individual, corporation or other entity that
owns a ten percent or greater interest in Lessee.
d. "Costs" and/or "Expenses" shall mean all costs of gathering, production,
transportation, treating, compression, dehydration, processing, marketing,
trucking or other expense, directly or indirectly incurred by Lessee, whether
as a direct charge or a reduced price or otherwise, including fuel use
attributable to any of the services listed above. "Costs" or "Expenses' also
include depreciation, construction, repair, renovation or operation of any
pipeline, plant, or other facilities or equipment used in connection with the
treating, separation, extraction, gathering, processing, refining,
5061867 Pages: 13 of 16
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Carly Koppel, Clerk and Recorder, Weld County , CO
WI:NMI:Mk till
3 of 16
act Oil and Gas Lease
ust 18, 2025
transporting, manufacturing or marketing of hydrocarbons produced from
the Leased Premises or lands pooled therewith.
e. "Gas" as used herein shall mean all gases (combustible and
noncombustible) including, but not limited to, all gaseous hydrocarbons,
gaseous compounds, carbon dioxide, and helium.
f. "Oil and gas" as used herein shall include all substances produced as
by-products therewith, including, but not limited to, sulfur.
g. "Paying quantities" as used herein shall mean and refer to quantities of oil
and gas or of either of them sufficient to pay for the current cost of producing
same.
30. Heirs and Assigns: The benefits and obligations of this lease shall inure to, and be
binding upon, the heirs, legal representatives, successors or assigns of Lessee;
but no sublease or assignment hereof, or of any interest herein, shall be binding
upon Lessor until the same has been approved by Lessor as explained in the
Assingments' paragraph provided above.
31. Warranty of Title: Lessor does not warrant title to the leased premises, but it shall,
upon request, allow Lessee access to such abstracts and other title papers as it
has in its files. There shall be no obligation on Lessor's part to purchase new or
supplemental or other title papers, nor to do any curative work in connection with
title to the subject lands. Where there is a conflict concerning ownership and/or
title to the leased premises, the Lessee shall provide evidence of ownership and/or
title. Lessor relies on the evidence provided by Lessee concerning title and
ownership.
32. Force Majeure: Neither party shall be responsible for delays or failures in
performance resulting from acts or occurrences beyond the reasonable control of
such party, induding, without limitation: fire, explosion, power failure, flood,
earthquake or other act of God; war, revolution, civil commotion, terrorism, or acts
of public enemies; any law, order, regulation, ordinance, or requirement of any
government or legal body or any representative of any such government or legal
body; or labor unrest, including without limitation, strikes, slowdowns, picketing or
boycotts. In such event, the party affected shall be excused from such performance
(other than any obligation to pay money) on a day-to-day basis to the extent of
such interference (and the other party shall likewise be excused from performance
of its obligations on a day-to-day basis to the extent such party's obligations relate
to the performance so interfered with).
33. Surveys, Abstracts, Title Opinions, and Curative Work:
a. If Lessee shall cause any of the exterior or interior lines of the property
covered by this lease to be surveyed, Lessee shall furnish Lessor a copy of
such survey. Lessee shall furnish Lessor, within a reasonable time, with a
copy of all maps submitted to the Corps of Engineers of the United States
5061867 Pages: 14 of 16 of 16
10/28/2025 11:07 AM R Fee:$0.00 $0.00 ;t Oil and Gas Lease
Carly Koppes, Clerk
and Recorder, Weld Count' , CO 5t 18, 2025
VIII I�rd� ��' !VENN It tlahl'CVO.NA! �i�� W�h t it
Army, Railroad, or other governmental or official agency or department
having jurisdiction, showing the proposed location of all roads, pipelines,
canals and drill sites on the Leased Premises.
b. All abstracts of title, whether new or supplementary, obtained by Lessee
and covering the subject lands shall become the property of, and be
delivered to, Lessor after Lessee has completed its title examination and
curative work, subject, however, to the right of Lessee to use such abstracts
upon request at any time during the term of the lease. Therefore, if Lessee
causes an abstract of title to be prepared covering the property herein
leased, or any portion thereof or if Lessee shall cause the title to be
examined or should obtain a title opinion or title certificate upon the property
herein leased, Lessee agrees to furnish Lessor a copy thereof within
two (2) weeks of Lessee's receipt thereof. Lessor agrees that neither
Lessee nor the attorney or firm of attorneys rendering the opinion or
certificate shall be responsible to Lessor for its correctness, the said opinion
or certificate being furnished to Lessor simply for its own convenience,
information and personal use. Similarly, if any curative material is obtained
by Lessee, a copy thereof shall immediately be furnished Lessor under the
same conditions of non -liability on the part of the Lessee or the persons who
may have obtained or prepared the same.
In witness whereof, Lessor has hereunto signed and caused its name to be signed
by the Chair, Board of County Commissioners of the County of Weld, with the seal of the
office affixed, and Lessee has signed this agreement, the day and year first above written.
Lessor
cs
Perryck, Chair
Board of County Commissioners of Weld County, Colorado
Attest
By:
®
Esther E. Gesick, Weld County Clerk to the Board
Weld County Deputy Clerk t the Board
5061867 Pages: 15 of 16
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Carly Koppes, Clerk and Reoorder, Weld County , CO
MVIL'l,4Mi ,+IW4 I itiVAIMAirIM II III
Page 15 of 16
Weld County Small -Tract Oil and Gas Lease
Revised August 18, 2025
Zo?S-Z`12 d
Lessee
Zach Shearon
Attorney -in -Fact of PDC Energy, Inc.
State of Colorado
) ss
County of Weld
ID
The foregoing instrument was acknowledged before me on: October 8, 2025
Acknowledged before me by: Zach Shearon, Attorney -in -fad for PDC Energy, Inc.
Witness my hand and official seal.
Notary Public: (4-GJCI
My Commission Expires: November 28, 2027
5081867 Pages: 18 of 18
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Carly Keeps., Clark and Recorder, Weld County , CO
IPA Bill
CHRISTINE ELISE HABERMEHL
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID 20154016375 •
MV COMMISSION EXPIRES NOVEMBER 28, 2027
Page 16 of 16
Weld County Small -Tract Oil and Gas Lease
Revised August 18, 2025
WARRANTY DEED
0-11
THIS DEED made this /f day of DeCerr4,,er, 20 /5, between West Hill 'N
Park, Inc. of the County of Weld, State of Colorado, Grantor, and County of Weld, a body
corporate and politic of the State of Colorado whose legal address is 1150 "O" Street,
Greeley, Colorado 80631, of the County of Weld, State of Colorado, Grantees:
WITNESS, that the grantor, for the sum of One Dollar, and other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has
granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell,
convey and confirm, unto the grantee, their heirs and assigns forever, all the real property
together with improvements, if any, situate, lying and being in the County of Weld and
State of Colorado, described as follows:
SEE ATTACHED EXHIBIT "A"
Also known as: Outlot A, West Hill N Park 1st Replat, 1' Filing, Weld County, Colorado.
TOGETHER with all and singular the hereditaments and appurtenances
thereunto belonging, or in anywise appertaining, and the reversion and reversions,
reminder and remainders, rents, issues and profits thereof, and all estate, right, title,
interests, claim and demand whatsoever of the grantor, either in law or equity, of, in and
to the above bargained premises, with the hereditaments and appurtenances.
TO HAVE AND TO HOLD the said premises above bargained and described,
with the appurtenances, unto the grantees, their heirs and assigns forever. And the
grantor, for himself, his heirs and personal representatives, does covenant, grant, bargain
and agree to and with the grantees, their heirs and assigns, that at the time of the
ensealing and delivery of these presents, he is well seized of the premises above
conveyed, has good, sure, perfect, absolute and indefeasible estate of inheritance, in law,
in fee simple, and has good right, full power and lawful authority to grant, bargain, sell
and convey the same in manner and form as aforesaid, and that the same are free and
clear from all former and other grants, bargains, sales, liens, taxes, assessments,
encumbrances and restrictions of whatever kind or nature whatsoever, except for taxes
for the current year, easements, restrictions, covenants, conditions reservations and
rights -of -way of record, if any.
The grantor shall and will WARRANT AND FOREVER DEFEND the above -bargained
premises in the quiet and peaceable possession of the grantees, their heirs and assigns,
against all and every person or persons lawfully claiming the whole or any part thereof.
The singular number shall include the plural, the plural the singular, and the use of any
gender shall be applicable to all genders.
4170079 Pages: 1 of 5
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Carly Koppes, Clerk and Recorder, Weld County, CO
11111 MAC Il.41Welid 11111
IN WITNESS THEREOF the grantor has executed this deed on the date set forth above.
Steve Lundvall, President
John L. Shupe, Secre
State of CO b r c
)ss.
County of .Het d )
The foregoing iiistrument wp acknpwled before me this �i day of DeCew c 6
20 jb Stev L del �, e an d
�e> L • Shupe, S2C. , Owners.
Witness my hand and official seal.
HAZEL D. STEPHENS
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID ! iltU ite
MY COMMISSION EXPIRES JANUARY 30, 2017
My commission expires:
-Tan. 3O, 2-017
4170079 Pages: 2 of 5
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Car1Y Koppes, Clerk and Recorder, Weld County, CO
Notary i blic S7.2o A eotAhe cLd Dr.
Creel Ey, Co '53° 63(71
ACCEPTANCE
The County of Weld, a body corporate and politic of the State of Colorado, by and
through its Board of County Commissioners, hereby accepts said parcel, pursuant to Colorado
Revised Statute 43-2-201(1)(a).
Dated this 001.4 day of , 2015.
ATTEST: dAer441
CLERK TO THE BOARD OF
COUNTY COMMISSIONERS OF
THE COUNTY OF WELD
COUNTY OF WELD, A BODY
CORPORATE AND POLITIC OF THE
STATE OF COLORADO
BY. BY:
e ty Clerk to
STATE OF COLORADO )
)ss
COUNTY OF WELD
ara Kirkmeyet, Chair
BOARD OF COUNTY DEC 3 0 2015
COMMISSIONER
OF THE COUNTY OF WELD
The foregoing instrument was acknowledged before me this day of
, 2015 by Barbara Kirkmeyer, BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF WELD.
Witness my hand and official seal.
My commission expires: /4'/1/�Q/f
4170079 Pages: 3 of 5
01/04/2016 12:49 PM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County, CO
VIII I����I���Ir+�iGt� N�Irf�f i'J«C?di Id inn
CHERYL LYNN HOPPMAN
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID 20144048044
MY COMMISSION LXPIRES DEC. 19, 2018
/5-0,a3i
EXHIBIT -A
SW 1/4 S26-T5N-R66W
PROPERTY DESCRIPTION
A PARCEL OF LAND, LOCATED IN THE SOUTHWEST ONE -QUARTER OF SECTION 26, TOWNSHIP 5
NORTH, RANGE 66 WEST OF THE SIXTH PRINCIPAL MERIDIAN, COUNTY OF WELD, STATE OF COLORADO,
SAID PARCEL BONG OUTLOT A OF THE FIRST REPLAT OF WEST HILL N PARK FIRST FILING
SUBDIVISION FILED IN THE WELD COUNTY CLERK AND RECORDERS OFFICE UNDER RECEPTION NO.
1648851:
SAID PARCEL CONTAINS 1.87 ac. MORE OR LESS.
THE ABOVE DESCRIPTION WAS PREPARED BY LEON W. SIEVERS, RIGHT OF WAY AGENT AND SURVEYOR
IN AND FOR WELD COUNTY, COLORADO.
LEON W. SIEVERS
PLS 23520
OUTLOT A
WEST HILL -N -PARK INC.
WELD COUNTY, COLORADO
4170079 Pages: 4 of 5
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Carly Koppes, Clerk and Recorder, Weld County, CO
■III INF.OLT L IhIH,IC I N IAMBI hL�S�Y�k ■III I
WELD COUNTY DEPARTMENT
OF PUBLIC WORKS
HILL -N -PARK
PROJECT
PROJECT NO: RC -I02 ISCALE:
DATE: 3-19-15 'DRAWN BY: DRHISHEET: 1 of2
EXHIBIT -A
SW 1/4 S26-T5N-R66W
FIRST REPLAT OF
WEST HILL N PARK
FIRST FILING
(II'II.111 .1
WEST HILL N PARK INC.
OUTLOT A
RECP.# 1648851
CORONADO ST
12
13
14
15
NOTE: THIS EXHIBIT MAP DOES NOT
REPRESENT A MONUMENTED LAND
SURVEY OR LAND SURVEY PLAT.
IT IS INTENDED TO ILLUSTRATE THE
ATTACHED PROPERTY DESCRIPTION ONLY.
OUTLOT A
WEST HILL -N -PARK INC.
WELD COUNTY, COLORADO
GOON
4170079 Pages: 5 of 5
car, KoPpes, 01/04/2016 12:49 PM R Fee:$0.00
$0.00 - ■n WI'`
,III tR�■ f ��1�11 Clerk
������1 ■I'll -���`f/1 ,I II
Y
WELD COUNTY DEPARTMENT
OF PUBLIC WORKS
HILL -N -PARK
PROJECT
PROJECT NO: RC -102 'SCALE: 1"=100
DATE: 3-19-15 DRAWN BY: DRH SHEET: 2 of 2
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Outlot A
First Replat of West Hill-N-ParK
1st Filing
Tract Acres: 2.117
Township/Range
Section
Parcels
150
Feet
Disclaimer
This product has been developed solely for internal use only by Weld County.
The GIS database, applications and data in the product is subject to constant change and the accur
and completeness cannot be and is not guaranteed. The designation of lots or parcels or land uses
the database does not imply that the lots or parcels were legally created or that the land uses
comply with applicable State or Local law UNDER NO CIRCUMSTANCE SHALL ANY PART THE
PRODUCT BE USED FOR FINAL DESIGN PURPOSES. WELD COUNTY MAKES NO WARRANT]
OR GUARANTEES, EITHER EXPRESSED OR IMPLIED AS TO THE COMPLETENESS. ACCURA(
OR CORRECTNESS OF SUCH PRODUCT NOR ACCEPTS ANY LIABILITY, ARISING FROM ANY
INCORRECT, INCOMPLETE OR MISLEADING INFORMATION CONTAINED THEREIN.
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RECEIPT DATE ►o -a\, -as
NO. 93034
RECEIVED FROM PO CO es,..%_,Losoin SSO oz\cS
ADDRESS C Pj flwst0 ¼&tcvc1t
TiA0 huAdccd tStisitiCIA1 'eOjjCC�)a--7 0 r ao
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HOW PAID
CASH
CHECK
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BY oe
Chevron
IMO
October 14, 2025
FedEx Tracking No.: 885171998684
Weld County Board of Commissioners
1150 O Street
P.O. Box 758
Greeley, CO 80632
Re: Paid -up Oil, Gas & Mineral Lease Bonus Payment
Township 5 North, Range 66 West, 6th P.M.
Section 26: Outlot A, First Replat of West Hill -N -Park 1st Filing, as shown in that certain
Plat dated June 15, 1983, recorded under Reception No. 1648851, lying in the NE/4SW/4
and NW/4SE/4 of Section 26, Township 5 North, Range 66 West, 6th P.M.
Dear Lessor:
Thank you for partnering with PDC Energy, Inc. ("PDC), and entering into a Paid -Up Oil, Gas &
Mineral Lease ("Lease").
Enclosed please find check number 55 13, in the amount of one thousand two hundred seventy dollars
and twenty cents ($1,270.20) for your Lease Bonus Payment.
Please do not hesitate to reach out to your Project Area Land Representative Maggie Buelow via e-
mail at MBuelow@chevron.com or by phone at (661) 336-8248 if you have any questions.
Best Regards,
PDC ENERGY, INC.
s 9trcie,
Shane J. Garza
Consulting Landman
shane@pocoresearch.com
(817) 550-3756
Enclosures (2)
Rockies Business Unit
1099 18"' St., Suite 1500, Denver, CO 80202
Jessica Reid
From:
Sent:
To:
Subject:
Attachments:
Buelow, Maggie <MBuelow@chevron.com>
Monday, August 25, 2025 4:02 PM
CTB-Oil and Gas Leasing
RE: Sanford South wells
4170079-1.pdf
This Message Is From an External Sender
This email was sent by someone outside Weld County Government. Do not click links or open attachments unless you recognize the
sender and know the content is safe.
Hi Jess,
Here is a copy of the Warranty Deed you requested for the parcel in question. This Deed shows the tract has approximately
1.87 acres, more or less, however, that does not include the minerals that should be included per the centerline presumption
to the middle of the road. Our acreage estimate of 2.117 acres includes the additional lands under the road. We would like
to lease Weld County for the entire 2.117 acres, and pay the rental based on the same. Please let me know if you have any
questions on this and I will work on completing the rest of the lease and getting executed version back to you.
Thanks,
Maggie Buelow
Rockies Land Representative
661-336-8248
From: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov>
Sent: Tuesday, August 19, 2025 10:44 AM
To: Buelow, Maggie <MBuelow@chevron.com>; CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov>
Subject: [**EXTERNAL**] RE: Sanford South wells
Be aware this external email contains an attachment and/or link.
Ensure the email and contents are expected. If there are concerns, please submit suspicious messages to the Cyber Intelligence Center
using the Report Phishing button.
Hi Maggie,
Attached is our small tract (less than 5 -acre) lease. I'll fill in dates based on when it goes on the agenda for approval
but if you could fill out the rest, sign, have notarized, and mail to us with a check and a copy of the Deed showing
Weld County owns the mineral interests, we should be good to go. If you could email me the legal description I will get
our GIS team working on the map that I need to accompany the lease. That way when we receive everything from you,
we'll be good to get it on the agenda.
COUNTY, CO
Jess Reid
Deputy Clerk to the Board
Desk: 970-400-4212
P.O. Box 758, 1150 O St., Greeley, CO 80632
0 x O
1
Join Our Team
IMPORTANT: This electronic transmission and any attached documents or other writings are intended
only for the person or entity to which it is addressed and may contain information that is privileged,
confidential or otherwise protected from disclosure. If you have received this communication in error,
please immediately notify sender by return e-mail and destroy the communication. Any disclosure,
copying, distribution or the taking of any action concerning the contents of this communication or any
attachments by anyone other than the named recipient is strictly prohibited.
From: Buelow, Maggie <MBuelow@chevron.com>
Sent: Wednesday, August 13, 2025 1:45 PM
To: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov>
Subject: RE: Sanford South wells
This Message Is From an External Sender
This email was sent by someone outside Weld County Government. Do not click links or open attachments unless you recognize the
sender and know the content is safe.
Hi Jess,
Thank you for reaching out. Our records show Weld County has approximately 2.117 acres of unleased minerals within the
Sanford Unit. Please let me know the process for this acreage.
Thanks,
Maggie Buelow
Rockies Land Representative
mbuelow@chevron.com
Shale & Tight Business
Chevron U.S.A. Inc.
1099 18th Street, Suite 1500
Denver; CO 80202
Cell: 661-336-8248
This message may contain confidential information that is legally privileged, and is intended only for the use of the parties to
whom it is addressed. If you are not an intended recipient you are hereby notified that any disclosure, copying, distribution
or use of any information in this message is strictly prohibited. If you have received this message in error, please notify me at
661-336-8248 or by reply e-mail. Thank you.
From: CTB-Oil and Gas Leasing <U B-OilandGasLeasing@weld.gov>
Sent: Thursday, August 7, 2025 12:17 PM
To: Buelow, Maggie <MBuelow@chevron.com>
Cc: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov>
Subject: [**EXTERNAL**] Sanford South wells
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Ensure the email and contents are expected. If there are concerns, please submit suspicious messages to the Cyber Intelligence Center
using the Report Phishing button.
Hi Mary,
2
We received an offer to participate for the Sanford South wells. If you are showing Weld County owns mineral interest
in the spacing unit of your wells, we'd like to have a lease for our interests. Per Weld County Code, we have our own
lease that we require in order to lease our interests. Please indicate how many acres you are wishing to lease, as the
leases and their leasing processes are different depending of if it's more or less than 5 acres. Thank you!
COUNTY, CO
Jess Reid
Deputy Clerk to the Board
Desk: 970-400-4212
P.O. Box 758, 1150 O St., Greeley, CO 80632
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*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 mail to:
Chevron U.S.A. Inc.
Attn: Maggie Buelow
1099 18th Street, Suite 1500
Denver, CO 80202
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 (O1 1 I'a5
Date mailed out r ! /0 6 /2 5
By
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Hello