Loading...
HomeMy WebLinkAbout20220798.tiffRECEIVED DEC 1 4 2021 WELD COUNTY COMMISSIONERS November 30, 2021 To: Royalty and Working Interest Owners Re: Change of Operator Dear Interest Owner: 5251 DTC Parkway, Suite 950 Greenwood Village, CO 80111 720.868.1300 fundareresources.com Please be advised that Fundare Resources Operating Company, LLC ("Fundare") has recently assumed operatorship of Whiting Petroleum Corporation's ("Whiting") assets in the Denver- Julesburg Basin in Colorado. Our records show that you have a royalty or working interest in these assets. The purpose of this letter is to introduce you to Fundare and to inform you that you will soon begin to receive revenue checks from us. We will not be mailing paper copies of the revenue statements; instead, we will provide you with secure, 24 -hours a day online access to payment information through EnergyLink. This service will be provided to you free of charge. To access the site, please visit https:f/www.energylink.com-'. Your login infotination will be provided in a separate mailing. Please note that our minimum release of revenue is $100. Amounts less than $100 will be held in suspense until the balance meets or exceeds that threshold. We are pleased to offer ACH Direct Deposit for you to receive your royalty payments electronically. Please complete the enclosed form to enroll, and submit it to Opportune LP, who is providing these enrollment services on behalf of Fundare. Please allow at least 90 days to process your request; during this 90 -day processing period, you will still receive paper checks. Given the sensitivity of transferring ACH information, even if you were previously enrolled for ACH Direct Deposit with whiting, you will need to re -enroll by completing the enclosed form and sending it to the mailing address or email address below, along with a voided check. We are sorry for any inconvenience. Opportune LP ATTN: Royalty Relations - Fundare 4424 West Sam Houston Parkway North, Suite 200 Houston, TX 77041 Email Address: rovaltv@opportune.com Additionally, since we are now the payor, we've enclosed an IRS Form W-9 showing Fundare as the payor for your completion. Again, we understand that you may have previously provided this inforrnation to Whiting, but we ask that you complete this form and return it to the above address for our records. Please note that if we do not have your tax identification number on file, your account may be subject to withholding. CQMRUnt Cod- ?afl3 3 /16 (22 2022-0798 Going forward, please direct all Division Order inquiries, ownership changes, address changes, or any other questions to Owner Relations via email at ownerrelations(wfundareresources.com or by calling our Owner Relations Hotline at (720) 868-1373. In order to help serve you in the most efficient and convenient way possible, please provide the following information when leaving a message with Owner Relations: • Owner number, if known (this will be located on the check stub); • Your full name; • Phone number and email address; and • Brief description or purpose of your call. Thank you for cooperating with us while we make this transition. We are looking forward to working with you in the future. You can learn more about our company at https://www.fundareresources.com. Sincerely, Fundare Resources Operating Company, LLC By: Land Administration Manager Hello