HomeMy WebLinkAbout700002.tiff Form 88—(Producers) C ATLO CK'S, INC.
Han..Okla.B Colo. 1951 lJ OIL AND GAS �����L dad..', s°°leadse nun
THIS AGREEMENT, Entered .1 '', ibis the._.. __._29th_—day if -_-_ ^'pril . 1970
.,e1 ern''eld County, a. ..?olitical_ cuhdi vi sicn_of_the_.3tat. id- Colorado by +ha "3o�ard-IIf
County Co rnissionersA !'_:e1d County Colorado_, for its respective intQres.t_
C/O -Beard of-County- Commissiefte -s-s- -==e1d -County- Ceurt--Houoe, Ore-icy,Ch9r4talker called lessor,
andLeland S.--Vance- 645- Ceu-r---l4-ace Denver----C$ior-ad@- }202- _hereinafter called lesser. does witness:
I That lessor. for and in consideration of the s r of__te�y--&-..Die enollars in hand paid and of the covenants and agreements hereinafter contained
to he performed by the lessee. has this clay granted.u leased. an let-an,-tl-,,66y these presents does hereby grant, lease, and let exclusively unto the lessee the
hereinafter described land. and with the right to unitize this lease or any part thereof with other oil and gas leases as to all or y part of the lands covered
thereby as hereinafter pros ic carrying for the purpose of r exploratory ying on geological. geophys:cal and other explorato work. including core drilling. and the drilling, mining.
and operating fur_ producing. and x ing all of the oil, gas, casinghead gas. casinghead gasoline and all other gases and their respective constituent minors,
and for constructing roads. laying pipe lines am siding tanks, storing oil, building power stations. telephone lines and other structures thereon necessary
convenient Inr the economical operation of said land alone or conjointly with neighboring lands. to produce. save, take care of. and manufacture all of such
.substances. and for housing and boarding em p'oyees, said tract of land with any re',ei sonar, fights' therein being situated in the County of
eld State of-SQlQra(io and described as follows:
Township 3_lorth-Y-Range 66 -hest
Section- 24—
Section 20-4 N.::;
in Section_._ ----- --- -- --- - ---an,:hip XXX -----. Ha age XXX , and containing 1 ra0 acres, more or less.
2. It Is agreed that this lease shah remain in full force fora term of—g iv { ) --- —_years from this date. and as long thereafter as oil
or gas. or either of them. is produced from said land r from lands with whirs saiT la,:. -, .o.mnudatedi or the premises are being developed or operated.
3. In consideration of the premises, the said ..see covenants and agrees:
To deliver to the credit of lessor, free if cost. In the pipe line to which ie..-Ce may connect his wells, the equal one-eighth (Val part of all oil
produced and saved from the leased premises.
4. The lessee shall monthly pay lessor as royalty on gas marketed from each well . .. gas only is found, one-eighth I Sal of the proceeds if sold at the
well, or if marketed by lessee off the !eased premises, then one-eighth aP'51 of its market ol the well. The lessee shall pay the lessor. 'a' one-eighth fa',
of the proceeds received by the lessee from the sale of casinghead gas produced from any oil a-II 'hi one-eighth I of the value. at the mouth of the well.
computed at the prevailing market price. of the c .inghead gas. produced from ally oil well :had used by lessee off the leased premises for any purpose or
used on the leased premises by the lessee for purposes other than the development and operation thrrof Lessor shall have the privilege at Ills own risk and
expense of using gas I rom any gas well on said land for stoves and inside lights in the principal dwelling located on the leased premises by making his own
connections thereto.
Where gas from well or wells. capable of producing gas only. Is not sold or used tar a period of one year. lessee shall pay or tender as royalty, an
amount equal to the delay rental as provided in paragraph '5' hereof payable annually on the anniversary date of this lease following the end of each such
year during which such gas is not sold or used. and while said royalty is so paid or to ndere'd this lease shall be held as a producing property under para-
graph numbered two hereof.
5. If operations for the drilling of a well for oil or gas are not commenced on said land on of before the 29thday of_`prid—, 197],
this lease shall terminate as to both psi ties, unless the lessee shall on before said d'1 pay or tender to th lessor or for the le 'or re It jmi to
r
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Board Of. Cnnnty(n uoi ssinners 3110(Koe o at f,reel cv Colorado or its successors, whic An and its suc-
cessors are the lessors agent and shall continue as the depository of any and all sums payable under this lease regardless
of changes of ownership in
said
land or in the oil and gas or in the rentals to accrue hereunder. the sum of One Hundred Sixty-E_NO, 100— Dollars, which shall op-
erate as cover and r the privilege of deferring the commencement of operations for drilling for a pera d of one year. In like manner and upon like
payments or tenders the commencement of operations for drilling may further lie deferred for like periods successively. All payments or tenders may be made by
check or draft of lessee or any assignee thereof, mailed or delivered on or before the rental paving date, either direct to lessor or assigns or to said depository
bank and it is understood and agreed that the consideration first recited herein. the down payment. covers not only the privilege granted to the date when
said first rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaid and any and all other rights conferred. Lessee may
at any time execute and deliver to Lessor or place of record. a release or releases covering sly portion or portions of the above described premises and
thereby surrender this lease as to such portion or portions and be relieved of all bligations as to the acreage surrendered, and thereafter the rentals
payable hereunder shall be reduced in use proportion that the acreage covered hereon is reduced by said release or releases.
6. Should the first well drilled OI tne above described land be a dry hole then. and .i that event, if a second well is not commenced on said land
within twelve months from expiration of the last rental period for which rental has m 'c mid, this lease shall terminate as to both. parties, unless the
lessee on or before the expiration of said twelve n meths shall resume the payment of reni.nls In the same amount and In the same as herclnbelore
provided. And it is agreed that upon the resumption of the payment of rentals. y.shore proded, that the last preceding paragraph hereof. governing the
payment of rentals and the effect thereof shall continue in force Just as though there had been no Interruption in the rental payments,
7. If said lessor owns a less interest in the above described land than the entire rind undivided fee simple estate therein. (hen the royalties and rentals
herein provided shall be paid the lessor only in the proportion which his Interest beans to the whole and undivided fee. However. such rental shall he in-
creased at the next succeeding rental alouversary after any reversion occurs to coder the ilmrre.t so acquiretl.
8: The lessee shall have the right to use, free of cost. gas, oil and water found a on'sa Li land I its operations thereon. except water from the wells of
the lessor. When required by lessor. the lessee shall bury its pipe lines below plow depth and shall pay for damage caused by its operations to growing crops
on said land. No well shall.be drilled nearer than 200 i'eet to the house or barn on said premises without written consent of the lessor. Lessee shall have
the right at any time during. or after the expiration of. this lease to remove all machinery fixtures houses. buildings and other structures placed on said
premises. Including the right to draw and retnove all casing. Lessee agrees, upon tile :is completion of any test a dry hole or upon the abandonment of any
producing well. to restore the liremrsea to their original contour as near as practicable �nd to remove all Installations within a reasonable time.
9. If the estate of either party hereto is assigned i and the privilege of assigning in whole Or n part is expressly allowed,,the covenants nereof shall extend
to the heirs. devisees, executors, administrators, successors, o and assigns, but n ange 'if ownership it the land or in the rentals or royalties or any s
due under this lease shall be binding on the lessee until it has been furnished with either the original recorded instrument of conveyance or a duly car tithed
copy thereof or a certified copy of the will of any deceased owner and of the probate thereof. or certified copy of the proceedings showing appointment of
an administrator for the estate of any deceased owner, whichever is appropriate, together with all original recorded instruments of conveyance or duly certi-
fied copies thereof necessary in showing a complete chain of title back to lessor to the full interest claimed. and all advance payments of rentals made heee-
under before receipt of said documents shall be binding on any direct or indirect assignee, grantee, devisee, administrator, executor, or heir of lessor.
10- It is hereby agreed that In the event this lease shall be assigned as to a part or 'i as to parts OI the above described land and the holder
of any such part or parts shall make default In the payment of the proportionate part of the rent due from him or them. such default shall not operale ro
defeat or affect this lease insofar as it covers a part of said land upon which the lessee or any usnunee hereof shall make due payment of sand yen t a is
It. Lessor AFOW4JF7C1NN%X0iJX0(ONasiANdg0UtiSattXXOCOllN0pN)NalNBCXeXIMDMiliti agrees that the lessee, at its option, may pay and di',ehal go in
whole or in part any taxes, mortgages, or other liens existing, levied. orassessed on against the above described lands and, in event it r such opt'olt
it shall be subrogated to the rights of any holder or holders thereof and reimburse itselfby applying to the discharge of n such mortgaige�tx or other
lien, any royalty or rentals accruing hereunder.
12. Notwithstanding anything in this lease contained to the contrary. it is expressly agreed that if lessee shall commence operations for drilling al any
time while this lease is in force, this lease shall remain in force and its terms shall continue so long as such operations are prosecuted and, if production
results therefrom, then as long as production continues.
If within the primary term of this lease, production on the leased premises shall cease from any cause. this lease shall not terminate provided ope-
rations for the drilling of a well shall be commenced before or on the next ensuing rental paying date: or, provided lessee begins or resumes the payment of
rentals In the manner and amount heretnbefore provided. If, after the expiration of the primary term of this lease, production on the leased premises shall
cease from any cause. this lease shall not terminate provided lessee resumes operations for re-working or drilling a well within sixty 180, days from such
cessation and this lease shall remain In force during the prosecution of such operations and if production results therefrom. then as long as production
continues.
13. Lessee Is hereby expressly granted the right and privilege 'which Lessee May exercise at any time either before or after production has been
obtained upon this premises or any premises consolidated herewith; to consolidate the Bas leasehold estate created by the execution and delivery of IMe: lease,
or any part or parts thereof. with any other gas leasehold estate or estates to form one or more gas operating units of not to exceed approximately BW acres
each. If such operating unit or colts Is so eated by Lessee. Lessor agrees to accept and shall receive out of the gas production from each such unit such
portion of the gas royalty as the number of acres out of this lease placed in such unit bear- to the total number of acres included in such unit The com-
m
encement or completion of a well,or the continued operation or production Of gas from n existing well. any portion of an operating unit shall be
construed and considered as the commencement or completion of a well, or the continued operation of. or production of gas from a well Oil earl, and all
of the lands within and comprising such operating unit: provided. that the provisions of this paragraph shall not affect the payment or n n-pavment of
delay rentals with respect to portions of this premises not included Ina unit, but this lease as to .such portions of this premises not included in a unit,
shall be deemed to be a separate lease. In the event portions of the above described lands are included in several units, each portion so in
cluded shall
constitute je a separate lease. and the particular owner or se. Lessee
a the lands under eineach separate lease shall be solely entitled the Cools of and be
subject to the obligations s fated[ under m t ideate lease. seep execute writing and record in the conveyance records of the CDU IiLy In Which
the land herein leased Is situated en instrument identifying and describing the consolidated acreage
le. This lease and all Its terms_ conditions and stipulations shall extend to. and he binding on ach of the parties who signs s
whether such lessor Is named above and regardless o whether It is slfined by any of the ether parties herein named as lessors T,
in counterparts. each to have the same effect as the original (see attached release rider)
700002
Weld County , a political subdiviiion or cne
IN wlTft4:A ! r IyylE sit] tsar day and year first above written
wim¢sr. It . State Of Colorado, by the Board Of
1 Yill
County m o s_
by by
County Clerk 8 Recorder
ty
/�� ; ct;>
L ecoo64,
STATE OF INDIVIDUAL(S) ACKNOWLEDGEMENT (Colorado, Nebraska,
s
COUNTY OF -- ------- Wyoming, Utah,Kansas,North Dakota, South Dakota, Montana,
On , 19._ , before me personally appeared
to me known to be the person(s) described in and whose name(s) is (are) subscribed and who executed die foregoing instrument
and acknowledged to me that he (she) (they) duly executed the same as his (her) (their) free and voluntary act and deed, including
the release and waiver of the right of homestead, the said wife (wives) having been by me fully apprised of her(their) right(s) and
effect of signing and acknowledging the said instrument. Given under my hand and seal the day and year last above written.
My Commission Expires: ---
Notary Public
Residing at:
STATE OF_. __._—_ —_.- -. - INDIVIDUAL(S) ACKNOWLEDGEMENT (Colorado, Nebraska.
COUNTY OF — ------ - .- r \Yyoming, Utah,Kansas, North Dakota, South Dakota, Montana,
On , 19 — .. - , before me personally appeared —_
to me known to be the person(s) described in :n-I whose name .i Is . . u bscri bed and who executed die foregoing in strume..:
and acknowledged to me that he (she) (they) duly executed die ri l c as his ,bet) (their) free and voluntary act and deed, inclu:ha the release and waiver of the right of homes :-ad, the said o lie (wives) haviuc been by me fully apprised of her(their) tights) 4E,,
effect of signing and acknowledging dir said instrument. (ii:en under my hand and seal the day and year last above wrirtcc.
My Commission Expires: - -- -
Norarr Public
Residing at:
STATE OF _-_ -___. _ __ - INI)IVIDI ALAS) ht.KNfUI.l-.DGEMENT (Colorado, Nebraska_
-
COUNTY OF llyomin,,c, I tai,,Kmi.aas,North Dakota, South Dakota, kiontan...
On_ __ -__ , 19___ __ , belorc Jac personally appeared
to me known to be die person(s) described in and whose eau,. sl .s tare) subs( :bed and who executed die foregoing instrument
and acknowledged tome that he (she) (trey) duly executed tic same as his (her) (their) free and voluntary act and deed, including
the release and waiver of the right of homestead, the said wile (wives) having been by Inc fully apprised of her(their) right(s) and
effect of signing and acknowledging die said iustr mncnt. (-men under my hand and seal die day and year last above written.
My Commission Expires:.._
N,,i..iry Public
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Release Rider .
Upon the termination of this lease in whole or in part by election or. by f liure to
'
mu.ke payments as aforesaid, lessee or his assigns shall within 30 days release sy
written instrument the land or portion thereof which said lease t rminetes,
said notice shall also be sent to the lessor giving the book and page o sa.0 tusk,=.
It' is expressly understood that this lease is subject lim and iting and c the controlled
ers✓y any c. Ci,ui:".:i�
of the State of Colorado now in effect restricting gp „
or boards of.County Commissioners and provision herein in conflict ti,�:rewit : hall
be inoperative and void.
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