Loading...
HomeMy WebLinkAbout20222393.tiffRESOLUTION RE: APPROVE AMENDMENT TO SMALL TRACT OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO, AND AUTHORIZE CHAIR TO SIGN - PDC ENERGY, INC. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County, Colorado, is the owner of vast acres of mineral lands located in Weld County, Colorado, and WHEREAS, the Board approved a Small Tract Oil and Gas Lease for PDC Energy, Inc., 1775 Sherman Street, Suite 3000, Denver, Colorado 80203, recorded at Reception No. 4777968, dated October 18, 2021, and WHEREAS, the Board has been presented with an Amendment to the Small Tract Oil and Gas Lease, between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and PDC Energy, Inc., 1775 Sherman Street, Suite 3000, Denver, Colorado 80203, commencing upon full execution of signatures, with further terms and conditions being as stated in said amendment concerning 0.3334 net mineral acres, more or less, described to -wit: Part of Section 6, Township 4 North, Range 65 West of the 6th P.M., Weld County, Colorado, as further described in Exhibit "A" of said lease amendment WHEREAS, after review, the Board deems it advisable to approve said amendment, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Amendment to the Small Tract Oil and Gas Lease, between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and PDC Energy, Inc., be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said lease amendment. CTC3G5 ) G/7 /22 2022-2393 LE0524 AMENDMENT TO SMALL TRACT OIL AND GAS LEASE - PDC ENERGY, INC. PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 17th day of August, A.D., 2022. BOARD OF COUNTY COMMISSIONERS WELD/COUNTY, COLORADO ATTEST: ddeAdA) .Cdo;t1 Scott K. James, Chair Weld County Clerk to the Board Mikeman, Pro-Te County orney Date of signature: 2022-2393 LE0524 AMENDMENT TO WELD COUNTY SMALL -TRACT OIL AND GAS LEASE THIS AMENDMENT TO WELD COUNTY SMALL -TRACT OIL AND GAS LEASE, hereinafter called Amendment, is made and entered into as August 17,2022, but effective as of October 18, 2021, hereinafter called Effective Date, by and between 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, FOR ITS RESPECTIVE INTERESTS, c/o BOARD OF COUNTY COMMISSIONERS, 1150 O STREET, PO BOC 758, GREELEY CO 80632, hereinafter called Lessor, and PDC ENERGY, INC., whose address is 1775 Sherman St., Ste. 3000, Denver, C) 80203, hereinafter called Lessee. RECITALS WHEREAS, Lessor entered into a Lease Agreement in favor of Lessee dated October 18, 2021, recorded on November 19, 2021 in the Real Property Records of Weld County, Colorado, at Reception No. 4777968, hereinafter called Lease, covering the lands situated in the County of Weld, State of Colorado, and being more particularly described in said Lease. WHEREAS, Lessor and Lessee desire to amend said Lease with respect to the inaccurate or incomplete legal description in said Lease. AGREEMENT NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are acknowledged, Lessor and Lessee agree as follows: 1. Except as expressly provided herein, the terms and conditions of the Lease remain in full force and effect and are not intended to be amended or abrogated. 2. The Lease is hereby amended by the deleting the Legal Description and replacing the Legal Description with the Legal Description in the herein attached Exhibit "A". 3. Lessor does hereby give, grant, bargain, sell and convey to Lessee a leasehold estate in the described land situated in the County of Weld, State of Colorado, and more particularly described in the herein attached Exhibit "A" on the same terms as contained in the Lease and any amendments thereto, and Lessor does hereby ratify, adopt and confirm the Lease as amended. IN WITNESS WHEREOF, Lessor has hereunto signed and caused its name to be signed by the CHAIR, BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF WELD, with the seal of the office affixed, and Lessee has signed this Amendment, the day and year first above written, but shall be effective as of the Effective Date herein. ATTEST: ',61frift4) _ " ;&k. Weld County Clerk of the Board BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO By: Deputy Clerk the Bard Weld County Small Tract OGLAmendment— Approved LESSOR: , Board of County Commissioners AUG 1 7 2022 ao,2a -.2393 Exhibit A Attached to and made a part of that certain AMENDMENT TO WELD COUNTY SMALL -TRACT OIL AND GAS LEASE, by and between 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, FOR ITS RESPECTIVE INTERESTS, ("Lessor") and PDC Energy, Inc., ("Lessee") dated Augyst 17, 2022. Township 4 North, Range 65 West of the 6th PM Section 6: The N/2 Lot 9 and all of Lots 10 and 11, Block 2 of the Ellis Addition to the Town of LaSalle, a plat of which is recorded at Reception No. 102338, and lying in the N/2NE/4, including to the centerline of adjacent streets and alleys, and containing 0.3334 acres, more or less Title: Director of Land Operations and Attorney -in -Fact ACKNOWLEDGMENT STATE OF COLORADO § COUNTY OF DENVER § This instrument was acknowledged before my this l_5day of 2022, by Paul Whisenand as Director of Land Operationsand Attorney -in -Fact of PDC Energy, Inc., a Dela , are corporation, on behalf of such corporation. (SEAL) CHRISTINE M CECILIONE NOTARY PUBLIC STATE OF COLORADO NOTARY ID 20174014288 MY COMMISSION EXPIRES APRIL 3, 2025 Weld County Small Tract 0GL Amendment — Legal Description 2 Approved Notary Public, State of My Commission Expires: Lkig2025 PDC ENERGY 1775 Sherman Street, Suite 3000 Denver, Colorado 80203 Page 1 of 1 CHECK DATE CHECK NO AMOUNT VENDOR NO VENDOR NAME 1010004360 08/03/2022 207375 $13.68 WELD COUNTY BOARD OF COMM REFERENCE INVOICE DATE INVOICE NUMBER 1900066544 07/26/2022 72622CKQ L 202207 W-tc..,:\ ea\ -- c\\ ato INVOICE AMOUNT PAYEE: DETACH THIS STATEMENT BEFORE DEPOSITING 13.68 AMOUNT PAID 13.68 L eas %- Am eir\dvvnvrlk LE -05 ay PDC ENERGY August 4, 2022 Weld County — Board of County Commissioners Attn: Jess Reid PO Box 758 Greeley, CO 80632 RE: Amendment of Oil and Gas Lease To Whom It May Concern, Sent Via FedEx: 777572854299 Attached is PDC's execution for an Amendment of Oil and Gas Lease recorded at reception number 4777968. Per our agreement, also enclosed please find check #207375 in the amount of $13.68 as full payment for the lease. Please contact myself or Kibby Wilson at Kibby.Wilson@pdce.com or 303-318-6193 should you have any questions. Kindest Regards, PDC ENERGY, INC. Christine M. Cecilione Land Technician 303-831-3994 Christine.Cecilione@pdce.com Enclosures CORPORATE OFFICE: PDC Energy, Inc. 1775 Sherman Street, Suite 3000 Denver, Colorado 80203 (303) 860-5800 Jessica Reid From: To: Subject: CTB-Oil and Gas Leasing Shane Garza RE: PDC Request for Correction or Ratification - Weld County Oil and Gas Lease at Rec. No. 4777968 From: Shane Garza <shane@pocoresearch.com> Sent: Monday, July 18, 2022 1:56 PM To: Jessica Reid <*reid@weldgov.com>; CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@co.weld.co.us> Subject: Re: PDC Request for Correction or Ratification - Weld County Oil and Gas Lease at Rec. No. 4777968 Caution This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Hello Jess, Finally received approval from PDC regarding the Weld County Lease Amendment related to the subject recorded lease. Please see attached. Upon Weld County's review of the attached, please let me know and I will push forward to get the amendment signed by PDC and the check processed. Please let me know if you have any questions. Thank you for your time in this matter. Best regards, Shane J. Garza Consulting Landman for PDC Energy, Inc. 2226 Mayfair Drive Ada OK 74820 817-550-3756 shane(a)pocoresearch.com Confidentiality Notice: This electronic message and any attachment may contain confidential and privileged information belonging to the sender or intended recipient. This information is intended only for the use of the persons or entities named therein. If you are not the intended recipient or the agent or employee responsible to deliver this message to the intended recipient, you are hereby notified that any disclosure, copying, use, distribution, or taking of any action in reliance on the contents of this information is strictly prohibited. If you have received this transmission in error, please immediately advise the sender by reply email and delete this message from your system. Thank you for your cooperation. On Wed, Apr 6, 2022 at 3:36 PM Jessica Reid <jreid@weldgov.com>wrote: Hi Shane, I will need something similar to pages 3 and 4 of what is attached, outlining the change to the legal description of the lease. Once received I will put it on the Commissioner's Agenda for approval. Regards, Jess Reid Deputy Clerk to the Board Weld County 1150 0 Street Greeley, CO 80631 tel: 970-400-4212 Confidentiality Notice: 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: Shane Garza <shane@pocoresearch.com> Sent: Wednesday, April 6, 2022 10:33 AM To: Jessica Reid <jreid@weldgov.com> Cc: CTB-Oil and Gas Leasing <CTB-OilandGasLeasing@co.weld.co.us> Subject: PDC Request for Correction or Ratification - Weld County Oil and Gas Lease at Rec. No. 4777968 Cnuutinn• This email originated from outside of Weld County Government. Do not click links or open attachments unless you recognize the sender and know the content is safe. Good Morning Jess, As we were reviewing the latest title update from the title attorney, we identified a new tract that should have been a portion of the Weld County lease filed at R# 4777968. See an excerpt from the subject lease below and attached lease for reference. SECTION TOWNSHIP RANGE 6 4N 65W QEKRIPT N QF AN (attach exhibit if additional space is required) The N/? of t.ot 9 and all of Lots 10 and 11, Block 2. Ellis Addition to tne Town of LaSalle, tying in the NW/ 4NE/4, a prat of which is recorded at Recept on No. 102338, and contain;ng 0 322 acres, more or less TO HAVE AND TO HOLD said land, and a the rights and privileges granted hereunder to Lessee until the hour of twelve o'c ock noon on the 18 day of Oct . 20 ?< . as primary term, and so long C.- n c.sv‘ I Nclo. c\ c 4777968 Pans: 1 of 13 11/19/2021 11:50 AM R Fie:$0.00 a4:y KOOcst. C:.rk and R.crdrr. b.:d Co.rty CD Sri New tract provided by attorney: ts rift§ islia a Atm 2021-3158 LLOS apt SHOULD HAVE BEEN A PART OF OGL 4777968 - WAS TRACT NOT YET IDENTIFIED WHEN LEASE WAS ACQUIRED FROM COUNTY - NEED TO RATIFY WITH COUNTY AS TO PORTION LYING IN THE NENE 6. LEASE ONLY COVERS NWNE. ACREAGE OF Section all of the of Lots Ellis 6: 10 and N/2 11, Lot to Block the 9 and 2 IN AT IS The Addition TRACT LEASE 4777968 Town which of is LaSalle, recorded a at plat of ONLY 0.0114 OFF ACRES. BY 95- Reception lying including in the to No. NE/4NE/4, the 102338, centerline and of PER GET PDC TRY OR TO RATIFIED Weld County 8-4_adjacent streets and alleys _UNL 1 _0.2334 UMI CORRECTED. PDC is requesting a correction to the lease at R# 4777968 to address a revision in legal description and acreage in order to show the tract it question spans the N/2NE/4 instead of just the NW/4NE/4. The revised legal and acreage: 3 Section 6: The N/2 Lot 9 and all of Lots 10 and 11, Block 2 of the Ellis Addition to the Town of LaSalle, a plat of which is recorded at Reception No. 102338, and lying in the N/2NE/4, including to the centerline of adjacent streets and alleys, and containing 0.3334 acres, more or less Please let me know how we should proceed on the matter. Thank you. Best regards, Shane J. Garza Consulting Landman for PDC Energy, Inc. 2226 Mayfair Drive Ada OK 74820 817-550-3756 shane@pocoresearch.com Confidentiality Notice: This electronic message and any attachment may contain confidential and privileged information belonging to the sender or intended recipient. This information is intended only for the use of the persons or entities named therein. If you are not the intended recipient or the agent or employee responsible to deliver this message to the intended recipient, you are hereby notified that any disclosure, copying, use, distribution, or taking of any action in reliance on the contents of this information is strictly prohibited. If you have received this transmission in error, please immediately advise the sender by reply email and delete this message from your system. Thank you for your cooperation. 4 Hello