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HomeMy WebLinkAbout20253057.tiffTEXON MIDSTREAM, LLC 11757 Katy Fwy, Ste. 1400 Houston, TX 77079 WELD COUNTY A POLITICAL SUB OF STATE OF COLO 1150 O Street GREELEY, CO 80631 Property #: 60184A Property Name: Varra 12-9-66 Effective Date: 01/01/2025 Operator: EDGE ENERGY Legal Description: Production DIVISION ORDER RECEIVED 02/25/2025 Owner Number: 11264A Type of Interest: R Decimal Interest: 0.05037500 F� P= os- ta3 - 3358k CND: Y GAS: Y OIL: Y PRD: Y MAR 13 2025 WELD COUNTY COMMISSIONERS THIS AGREEMENT DOES NOT AMEND ANY LEASE OR OPERATING AGREEMENT BETWEEN THE INTEREST OWNERS AND THE LESSEE OR OPERATOR OR ANY OTHER CONTRACTS FOR THE PURCHASE OF OIL OR GAS. The undersigned certifies the ownership of their decimal interest in production or proceeds as described above. TERMS OF SALE: The undersigned will be paid in accordance with the division of interests as set above. The payor shall pay all parties at the price agreed to by the operator for oil and gas to be sold pursuant to this division order. Purchaser shall compute quantity and make corrections for gravity and temperature and make deductions for impurities. PAYMENTS: From the effective date, payments are to be made by checks of payor, its successors or assigns, based on this division of interest, less taxes required by law to be deducted and remitted by payor as purchaser. Payments of less than $100 will be accrued before disbursement until the total amount equals $100 or more, or December 31 of each year, whichever occurs first. Owner agrees to refund payor any amounts attributable to an interest or part of an interest that owner does not own. SarrNe- Ca\cv�c�o%nS c,LS \,10,crc. a - q - lo , aw-0 vex), PcGr‘ov.S\y a. a;k--c-'v. Co`Nvo.xr\.y yrcot \nt-. Cav\ Pic\c CC : OnQ(t) Ovtq llICISC Opq Sellf +0 TTXbh Mils -yearn, iv /2.5 2025-3057 �I) INDEMNITY: The owner agrees to indemnify and hold payor, its successors and assigns, and its agents, servants and employees harmless from all liability resulting from payments made to the owner in accordance with said division of interest, including but not limited to, attorney fees or judgments in connection with any suit that affects the owner's interest in which payor is made a party. DISPUTES -WITHHOLDING OF FUNDS: If a suit is filed that affects the interest of the owner, written notice shall be given to payor by the owner together with a copy of the complaint or petition filed. In the event of a claim or dispute that affects title to the division of interest credited herein, payor is authorized to withhold payments accruing to such interest, without interest unless otherwise required by applicable statue until the claim or dispute is settled. TERMINATION: Termination of this agreement is effective on the first day of the month that begins after the 30th day after the date written notice of termination is received by either party. NOTICES:The owner agrees to notify payor in writing of any change in the division of interest, including changes of interest contingent on payment of money or expiration of time. No change of interest is binding on payor until the recorded copy of the instrument of change or documents satisfactorily evidencing such change are furnished to payor at the time the change occurs. Any change of interest shall be made effective on the first day of the month following receipt of such notice by payor. Any correspondence regarding this agreement shall be furnished to the addresses listed unless otherwise advised by either party. DEFAULT: If a working interest owner is in default in the payment of its share of the lease expenses, operator of the above lease, may withhold payment of any monies due the undersigned until operator has recovered all monies it is due for lease expenses. In addition to the terms and conditions of this Division Order, the undersigned and Payor may have certain statutory rights under the laws of the state in which the property is located. Owner(s) Signature(s): Owner(s) Tax ID Number(s): Daytime Phone: SIGNATURE: BOARD OF W ATTEST: _,F CLERK 1fO THE BY: (-"SaGGLi Weld County Government DEPUTY CLERK TO THE BOAR zz RS, CHAIR P.O. Box 758 Greeley, CO 80632-0758 Phone: 970-400-4225 Fax: 970-336-7233 Nov 0 5 2025 ctb-oilandgasleasing@weld.gov Tax ID: 84-6000813 Federal Law requires you to furnish your Social Security or Taxpayer Identification Number. Failure to comply will result in 30.5% tax withholding and will not be refundable by Payor. 2025 -30S'l (I) Weld County Decimal Varra Well 0.05037500 Calculation Based on Title: Tract 1 Tract 2 Tract 3a Tract 3b Tract 3c Weld MI Weld RI Tract Decimal 158.8 1.2 1 0.2 0.000375 160 1 0.2 0.05 160 160 640 0.050375 BURNETT & THOMASON ATTORNEYS & COUNSELORS AT LAW 6017WMAIN ST FRISCO, Tx 75034-3204 Telephone: 214417-2880 Facsimile: 972-418-1931 Email: jimD(5btemargylaw.com James K. Burnett John R. Timm s°. Board Cleridi d Oil. Goa dt Woad Low Texas Board inapt Spabiima. John R. Solloway III Kent Dart Dave L. Poe Molina L. Perskb' Katharine A. Grubbs Amy L. Jenkins A. Elizabeth ER Brandon L. Martin Jeffrey T. Ragsdale September 7, 2011 Chesapeake Energy Corporation 6100 N. Western Avenue Oklahoma City, OK 73118 Attention: Ms. Susan Borgan Steven P. Hoachin John R. Hyde Matthew J. Golden" Christopher W. Capcara'• Edmond L. Wagoner III". Munch E. Fatty# Of Counsel Joe B. Burnett •Limned is T si and t oobhoa ••Lkaiard bPaeaarlvaaia •••Licensed b Peam}Iveeb.Obio di Wen Vit.. .Lieantad b Woe Yapaia & Colorado Re: Wyotex Oil Company, et al 640.00 Acre Tract, being all of Section 12, Township 9 North, Range 66 West, 6th Principal Meridian, Weld County, Colorado AMENDED ORIGINAL DRILLING TITLE OPINION DESCRIPTION OF LANDS 640.00 acres, more or less, being all of Section 12, Township 9 North, Range 66 West, 6th Principal Meridian, Weld County, Colorado, described in three (3) tracts, as follows: TRACT ONE: 158.80 acres, more or less, situated in Weld County, Colorado, being all of the Northwest 1/4 of Section 12, Township 9 North, Range 66 West, 6th Principal Meridian, Weld County, Colorado, SAVE AND EXCEPT 1.20 acres, more or less, described in a Deed, dated July 29, 1960, from M. H. Harden and A. Evelyn Harden to Weld County, recorded in Book 1565, Page 318, Office of the Clerk and Recorder, Weld County, Colorado, leaving 158.80 acres, more or less. TRACT TWO: 1.20 acres, more or less, situated in Weld County, Colorado, out of the North 1/2 of the Northwest 1/4 of Section 12, Township 9 North, Range 66 West, 6th Principal Meridian, Weld County, Colorado, described in a Deed, dated July 29, 1960, from M. H. Harden and A. Chesapeake Energy Corporation September 7, 2011 Page 19 LEASE 6 (L61 Date: Lessor: November 9, 2009 Weld County, acting by and through the Board of County Commissioners of the County of Weld Lessee: Lone Tree Energy & Associates, L.L.C. Form: Custom typewritten lease Date Recorded: November 23, 2009 Recorded: Reception No. 3661249 Lands Described: Tract Three -A of the Subject Lands Interest Covered: All of the oil and gas executive rights and mineral fee in and to Tract Three -A of the Subject Lands Primary Term: Three (3) years plus the option to apply for an extension of the primary term for an additional six (6) months Royalty: Twenty percent (20%) Chesapeake Energy Corporation September 7, 2011 Page 20 Pooling Provision: General grant of pooling authority with contractual limitations upon the lessee's right to pool Special Provisions: L6 is a custom typewritten lease which contains numerous special provisions. See Comment and Requirement No. 13 below. LEASE 7 (L7) Date: Lessor: August 3, 2011 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 Lessee: Turner Oil and Gas Properties, Inc. Form: Custom typewritten lease Date Recorded: August 15, 2011 Recorded: Reception No. 3786288 Lands Described: Tract Two of the Subject Lands Interest Covered: All of the oil and gas executive rights and mineral fee in and to Tract Two of the Subject Lands Primary Term: Three (3) years Royalty: Twenty percent (20%) Pooling Provision: General grant of pooling authority without contractual limitation upon the lessee's right to pool Special Provisions: L7 is a custom typewritten lease which contains numerous special provisions. See Comment and Requirement No. 13 below. Examiner's Note: See Comment and Requirement No. 18 below. Hello