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HomeMy WebLinkAbout20252569.tiffRECEIVED AUG 132025 August 12, 2025 Weld County Colorado ATTN: Jess Reid 1150 O Street Greeley, CO 80631 WELD COUNTY Sent Via UPS COMMISSIONERS 1 Z0 WR 65 602 9317211 S Re: Request for Consent to Assignment To Whom It May Concern: We are writing today concerning the lease (s) described on the attached Exhibit A (here nafter the "Agreement", whether one or more). In connection with that certain Purchase and Sale Agreement dated July 29, 2025 (as may be amended from time to time, the "PSA") among 7N, LLC, 8 North, LLC, Extraction Oil & Gas, Inc., Fifth Pocket Production, LLC, HighPoint Operating Corporation, and Mountaintop Minerals, LLC (collectively, "Civitas") as sellers, and Dunamis Energy Operating, LLC ("Dunamis"), as buyer, Civitas has agreed to sell to Dunamis, and Dunamis 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 October 1, 2025. Our records indicate that your consent may be required to assign the Agreement to Dunamis. The purpose of this letter is to request your consent for Civitas to assign all of its interests and rights under the Agreement to Dunamis (and/or its affiliates), to the extent such consent is required by the terms of the Agreement. However, nothing contained in this letter is 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 a signed copy via email to Jenkins@eiviresources.com. In order to ensure a smooth and timely transition of the Agreement, we would appreciate having your response no later than August 31, 2025. Should you have any questions regarding this matter, please do not hesitate to contact me. Thank you for your consideration. Sincerely, Julie T Jenkins Land Manager - Rockies f\ tSL-V1 NC' RCitataC‘. q- ts- as cc: i PDFcopyer„ gnkoiz5 2025-2569 LE0080-2 LE0342 LE0467 LE0330 LE0344 C� 1tCM1ttSke%c.C LE0334 LE0345 LE0335 LE0347 LE0336 LE0366 Civitas Weld County Consent Weld County hereby consents under the Agreement to the assignment described in this letter. Dated this Marday of I�� / ! , 2025. By: Printed Name: V Perry L. Buck Title: Chair, Board of Weld County Commissioners Attest: tiWV •-reito;W Esther E. Gesick, Clerk to the Board By: alier Deputy Clerk to the Board (signature) EXHIBIT A Agreement No. [Lessor] [Lessee] Agreement g Date of Information Recording applicable) if County / State COX 12642-000 Weld Colorado County Land Energy Inc 10/28/2014 ' 4063097 Weld, Colorado EO34C s at. T 1 N R V COX12659- Weld Colorado County y Land Energy Inc 10/22/2014 4063100 LEcoao -a Weld, Colorado S34 T1N Rtea( t COX 12889- 000 Weld Colorado County Extraction Gas, Oil Inc & 4/25/2018 4408443 Lt03W1 Weld, Colorado SIB rIN Rtolt,. Weld Colorado CountyExtraction Gas, Oil Inc & 4/29/2018 Weld, Colorado COX 12890 -Ott 4406441 L3 COX 000 13803- Weld Colorado County Extraction Gas, Oil Inc & 7/21/2014 4046794 le 2..03.b0 Weld, S ZS Colorado "Ca t4 kul t4 COX 14959- Weld Colorado County y Land Energy Inc 10/28/2014 4063099 LE0344 Weld, Colorado Se MA N Riot) COX 000 15055- Weld Colorado County Extraction Gas, Oil LLC &• 10/13/2014 4063101 LEO 331/4.S Weld, Colorado at all.N ittalL COX 15056- 000 Weld Colorado County Extraction Gas, LLC Oil &• 10/22/2014 4063102 Weld, sat Colorado ark• a QUI ° t_to3t1 COX 15057- 000 Weld Colorado County Extraction Gas, Oil LLC & 9/24/2014 4061588 Weld, Sac‘ Colorado 71.14 RaviLa Let 033ti COX 000 15058- Weld Colorado County Extraction Gas, Oil LLC & 9/24/2014 . 4061587 L E0 33C Weld Colorado S2ctanoW ROLA COX 15145- Weld Colorado County y Land Energy Inc 2/11/2015 4089642 LE031/4A0 Weld, Colorado S35 T1N ROLL) COX 15741- 000 Weld Colorado County Aztec Exploration 7/20/2017 4324439 L to e', Weld, Sat Colorado Tt. t4 V. tL) LLC NE) Ili NON la sqa N E' ly NE. tits( NE'k 89395 CIVITAS RESOURCES, INC. - Controlled Disbursement Account CHECK NO. 2508 -AP -5908 07/30/25 CKREQ073025 1200.00 LEASE ASSIGNMENTS asIsii-k 9* q a 9 90 0.00 1200.00 0. S S�\ yvmen\S A 100 a ci-c. O \Ns- \cats_ I% NirN c_ \ )...(9.3-__ a \ n 0-0). Nti es k tire\ \ \ 1 • 1041 WELD COUNTY BOARD OF 08/06/25 1,200.00 Jessica Reid From: Sent: To: Subject: Mary Yeast <myeast@civiresources.com> Thursday, September 4, 2025 2:57 PM CTB-Oil and Gas Leasing; Julie Jenkins RE: Weld County Assignment 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, Thanks for providing that! The SRR assignment was a wellbore only assignment so we retained all of the leasehold interest. For the other attachment it looks like Bayswater assigned to Prairie and then somehow we received it from Prairie (or a successor to Prairie). The attachment provided was for the consent from Bayswater to Prairie. I believe we received it from Land Energy. Let me know if you need anything else or have any other questions. Thanks! Mary From: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov> Sent: Thursday, September 4, 2025 2:19 PM To: Mary Yeast <myeast@civiresources.com>; Julie Jenkins <jjenkins@civiresources.com>; CTB-Oil and Gas Leasing <CTB- OilandGasLeasing@weld.gov> Cc: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov> Subject: RE: Weld County Assignment Hi Mary, Thank you following back up, sorry about the delay. The document the Commissioner's approve related to assignment is just Weld County consenting to the assignment, which we do not record. After we give consent we ask that the operator provide us with a copy of the actual recorded assignment, but that doesn't happen often. I have attached the documents we signed allowing consent for the leases recorded at 4046794 and 4063097 to be assigned. 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 0 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: Mary Yeast <rnyeast@civiresources.com> Sent: Thursday, September 4, 2025 6:38 AM To: Julie Jenkins <jfenkins@civiresources.con->; CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov> Cc: CTB-Oil and Gas Leasing <CTR-OilandGasLeasing@weld.go' > Subject: RE: Weld County Assignment 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, Just following up on this. Do you have any additional questions? If so, please let me know and I am happy to help. If not, do you have an ETA on when we can anticipate the signed consent? Thanks! Mary From: Mary Yeast Sent: Tuesday, August 26, 2025 8:58 AM To: Julie Jenkins <ijenkins@civiresources.com>; CTB-Oil and Gas Leasing <ctb-oilandgasleasing@weld.gov> Cc: CTB-Oil and Gas Leasing <ctb-oilandgasleasing@weld.gov> Subject: RE: Weld County Assignment Hi Jess, Julie passed along the email below for me to review. I made my comments below in red. Thanks for digging into these. Thanks! Mary From: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@weld.gov> Sent: Monday, August 25, 2025 4:58 PM To: Julie Jenkins <llenkins@civiresources.com> Cc: CTB-Oil and Gas Leasing CTB-OilandGasLeasing@weld.gov> Subject: Weld County Assignment 2 Hi Julie, I'm working on the assignment you sent, dated August 14, 2025. Most of them look pretty straight forward but in my records I show the following Reception Nos. as having already been assigned to other companies. And maybe it's just certain interests and not the whole lease. Can you provide any insight? Reception No. 4046794, leased by Extraction on 7/21/14, assigned to SRR Rockies, LLC on 9/30/19-I see an assignment recorded on 8/23/2019 recorded at 4517354 is this the referenced assignment? If so, it does not look like that lease was listed. Reception No. 4408441, leased by Extraction on 4/29/18, assigned to Nickel Road Operating, LLC on 7/28/21, Overriding royalty assigned to Source Rock Royalty, LLC on 3/7/22, assigned to Prairie Operating on 9/16/24 - I do see that we assigned this lease @4754488, this should not be included in the request (sorry for the confusion) Reception No. 4063097, assigned to Extraction on 8/17/15, assigned to Prairie Operating on 3/3/25 —lam not seeing an assignment from Extraction to Prairie for this lease. Do you have a reception number? COUNTY. CO Jess Reid Deputy Clerk to the Board Desk: 970-400-4212 O Box 758 1150 O St., Greeley, CO 80632 0 x 0 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. 3 Hello