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HomeMy WebLinkAbout20233754.tiff 555 17th Street,Suite 3700 V)TA S Denver,CO 80202 (303)293-9100 phone December 11,2023 via UPS overnight WELD COUNTY BOARD OF COUNTY COMMISSIONERS 1150 O Street Greeley,CO 80631 Re:Request for Consent to Assignment To Whom It May Concern: We are writing today concerning the lease described on the attached Exhibit A(hereinafter the "Agreement"whether one or more).The purpose of this letter is to request your consent for Bonanza Creek Energy Operating Company LLC(CIVI)("Assignor"),to assign all of its interests and rights under the Agreement to Kerr-McGee Oil&Gas Onshore LP(and/or its affiliates)(collectively,"Assignee"),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. This request is made in connection with a potential transaction,between Assignor and/or its affiliates,as seller,and Assignee,as buyer, pursuant to which Assignee will assume all of Assignor's rights, obligations,and ownership under the Agreement.We acknowledge that a previous consent letter was sent to you regarding a potential transaction with a different potential buyer,but we anticipate the transaction instead will be consummated with the Assignee named herein. The transaction between Assignor and Assignee is scheduled to close on or around December 15,2023, and we would appreciate having your response prior to such date in order to ensure a timely and smooth transfer of the rights under the Agreement. Please provide your consent to the foregoing assignments by signing and dating this letter in the space provided below and then returning a signed copy via email to myeast@civiresources.com. Should you have any questions regarding this matter,please do not hesitate to contact me. Thank you for your consideration. Sincerely Navy Tpaa Mary Yeast Landman 2023-3754 cc:C-Tc3CTR3 Cvn ,N Rid c• m�eAs+e c;v;resoc>c-CLs•C01r'1 L EOO 8-1 +aI�91a3\ a- \$_a3 Bonanza Creek Energy Operating Company,LLC Request for Consent to Assignment 12/11/2023 Weld County Board of County Commissioners hereby consents under the Agreement to the assignment described in this letter. Dated this/O ay of ,2023. By: (signature) Printed Name: Pe y L. Buck Title: BOCC Chair Pro—Tem EXHIBIT A Date of Recording Agreement No. Lessor Lessee County/State Agreement Information Weld County Bonanza Creek Energy Operating 4/20/2015 Weld, CO2358-000 Board of County 4100446 Commissioners Company LLC Colorado �a�_ ,n7a- 86706 CIVITAS RESOURCES,INC.-Controlled Disbursement Account CHECK NO. 2312—AP-1081 12/08/23 CKREQ120823 100.00 0.00 100.00 LEASE TRANSFER FEE FOR FRENCH LAKE DIVESTITURE ASS CyMNI\e� `k L E OO B-1 1041 WELD COUNTY BOARD OF 12/12/23 100.00 Hello