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HomeMy WebLinkAbout20210539.tiffINCLINE NIOBRARA PARTNERS January 27, 2021 Sent via FexEx 1Z43F5X80398980542 Weld County Board of Commissioners Attn:Jess Reid 1150 O Street Greeley, CO 80631 Re: Request for Consent to Assign Oil and Gas Lease Township 4 North, Ranee 67 West, 6th P.M. Section 10: East 30 feet of the SE/4SE/4 Weld County, Colorado Dear Ms. Reid, RECEIVED FEB 11 2021 WELD COUNTY COMMISSIONERS Incline Niobrara Partners, LP ("INP") is currently negotiating an agreement for the sale of certain Oil and Gas Leases in Weld County, Colorado to GREP III -A DJB, LLC and GREP III -B DJB, LLC ("Grey Rock'). Pursuant to the terms of Oil and Gas Lease dated December 10, 1986 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, as Lessor, and Shepler & Thomas, Inc., as Lessee, recorded in Weld County, CO at Reception No. 2103882, INP hereby requests your consent to assign this lease to Grey Rock. Please properly execute this Letter in the space provided below and return one executed copy to INP prior to March 1, 2020. In addition, a check for $100.00 made out to the Weld County Board of Commissioners, which covers the assignment of lease fee, is enclosed. Upon receipt, please acknowledge receipt of this check by signing below and returning in the pre -stamped envelope provided in this packet. If you have any questions, please feel free to contact me at (405) 613-0222 or via email at blake@inclinelp.com. B" a eavers Vice President - Land Incline Niobrara Partners, LP hereby consent to the assignment of the Oil and Gas Cease described above to Grey Rock and have received the $100.00 assignment of lease fee payment. WELD COUNTY BOARD OF COMMISSIONERS Signature Steve Moreno Name (Printed) BOCC Chair Title (Printed) FEB 2 4 2021 Date Incline Niobrara Partners, LP 5011 N. Central Expy • Dallas, TX 75205 www.inclinelp.com 2021-0539 LEOO`Ak Jessica Reid From: Sent: To: Subject: Attachments: Blake Beavers <blake@inclinelp.com> Friday, February 19, 2021 2:57 PM Jessica Reid Re: Reception No. 2103882 4043740.pdf; 4052754.pdf We sold Double Eagle 66.67% of our proportionate ownership in the OGL and retained 33.33% (see Reception 4043740 and 4052754 attached). To note, all of our Incline Resources LLC interests were conveyed to Incline Niobrara Partners LP, which is the entity that currently has ownership in the OGL. Blake Beavers Vice President - Land Incline Energy Partners, LP (405) 613-0222 www.inclinelp.com On Fri, Feb 19, 2021 at 3:48 PM Jessica Reid <Ireid@weldgov.com> wrote: On this one can you please tell me how Incline acquired it from Double Eagle Energy Rockies? if this is an oil and gas communication please use the email address ctb- oilanduasleasing(awelduov.com opposed to my personal email address. Jess Reid Deputy Clerk to the Board Weld County 1150 O Street Greeley, CO 80631 tel: 970-400-4212 i 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: Jessica Reid Sent: Thursday, February 18, 2021 10:04 AM To: Blake Beavers <blake@inclinelp.com> Subject: RE: Reception No. 2103882 Hi Blake, Thanks for the additional information. I researched what you stated in your email below and you are correct. The Spaur well was never tied to the lease in Sec 10, only a lease in Sec 11. Looking at the DO I can see the spacing unit included the lease in Sec 10 at Reception No. 2103882. So we should be good to go on that one. If this is an oil and gas communication please use the email address ctb- oilandgasleasin_gaweldoov.com opposed to my personal email address. Jess Reid Deputy Clerk to the Board Weld County 1150 O Street Greeley, CO 80631 tel: 970-400-4212 2 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: Blake Beavers <blake@inclinelp.com> Sent: Wednesday, February 17, 20214:28 PM To: Jessica Reid <jreid@weldgov.com> Subject: Re: Reception No. 2103882 Jessica, I don't believe that to be accurate. Both Oster wellbores produced through March 2016, when they were plugged/abandoned due to the Spaur horizontal wellbores coming online in July 2016. The Spaur 10Y-241 (API # 05- 123-42325) spaces into the lands covered by this OGL and pad operations alone for that well would have held the lease as active according to its terms. Thanks, Blake Beavers Vice President - Land Incline Energy Partners, LP (405) 613-0222 3 www.inclinelp.com On Wed, Feb 17, 2021 at 3:37 PM Jessica Reid <ireid@weldgov.com> wrote: Hi Blake, I show this lease as most recently being assigned to Double Eagle Energy Rockies LLC, and no longer a valid lease. The only wells I have DOs for are Oster 10-1 and Oster 10-2, and I show we haven't received a royalty payment since 2016 and have never received a shut-in payment (assuming they're shut-in). Please advise. If this is an oil and gas communication please use the email address ctb- oilandgasleasingOweldgov.com opposed to my personal email address. Jess Reid Deputy Clerk to the Board Weld County 1150 O 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. 4 Hello