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HomeMy WebLinkAbout20200500.tiff‘ k WELD COUNTY LARGE -TRACT OIL AND GAS LEASE Containing 81.37 acres, more or less: Containing 81.37 net mineral acres, more or less: (Undivided 1/2 (one—half) interest) THIS LEASE AGREEMENT, dated this 10th day of February , 20 20 , made and entered into 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, P.O. BOX 758, GREELEY, CO 80632, hereinafter called Lessor, and: hereinafter called Lessee: WITNESSETH WHEREAS, said Lessee has applied to Lessor for an oil and gas lease covering the land herein described, and has paid a filing fee in the amount of $10.00, plus a bonus consideration of $ per mineral acre, fixed by Lessor as an additional consideration for the granting of this lease, and Lessee agrees to pay an annual rental of $ 203.43 , computed at the rate of $2.50, per mineral acre or fraction thereof per year, and the following consideration: WHEREAS, all the requirements relative to said application have been duly complied with and said application has been approved and allowed by Lessor; THEREFORE, in consideration of the agreements herein, on the part of Lessee to be paid, kept and performed, Lessor does lease exclusively to Lessee for the sole and only purpose of drilling for, development of and production of oil and gas, or either of them, thereon and therefrom with the right to own all oil and gas so produced and saved therefrom and not reserved as royalty by Lessor under the terms of this lease, together with rights -of -way, easements and servitudes for pipelines, telephone and telegraph lines, tanks and fixtures for producing and caring for such product, and housing and boarding employees, and any and all rights and privileges necessary for the exploration and operation of said land for oil and gas, the following described land situated in the County of Weld, State of Colorado, and more particularly described as follows: SECTION TOWNSHIP RANGE 31 12N 64W DESCRIPTION OF LAND (attach exhibit if additional space is required) Lot 3, NE1/4 SW1/4 (Undivided 1/2 (one-half) interest per deed at Reception No. 555683) TO HAVE AND TO HOLD said land, and all the rights and privileges granted hereunder to Lessee until the hour of twelve o'clock noon on the 10th day of February , 20 23 , as primary term, and so long thereafter as oil and gas, or either of them, is produced in paying quantities from said land or Lessee is diligently engaged in bona fide drilling or reworking operations on said land, subject to the terms and conditions herein. Drilling or reworking operations shall be deemed to be diligently performed if there is no 2020-0500 LEON Z. Oil & Gas Lease Oral Auction - LE0162 Weld County . s.rlgq* TCTY 7 L TL TtIT PET ' TLTV Ti -Tv TIM — 571Af •AiVW 56W t 11N 67W 11N 66W 11N 63W 11N 62W 11N 61W 11N 60W 11N 59W I 11N 58W 11N 57W 11N 56W 11N 65W 11N 64W Amsmi 10N 56W 10N ho 57W 10N 58W 10N 59W 10N 60W 10N 61W 10N 67W S 10N 63W 1 10N 62W 10N 66W 10N 65W 10N 64W i • t 09N 63W 09N 62W 09N 61W 09N 60W 09N 59W 09N 58W 09N 57W 09N 56W 09N 67W - 09N 65W 09N 64W 09N 66W Ir 08N 63W 08N 62W I 08N 61W 08N 60W 0BN 59W lira 08N 58W 08N 57W 08N 56W 08N 67W 08N 66W 08N 65W 08N 64W 07N 66W 07N 63W A 07N 62W 07N 61W 07N 60W 07N 59W - 07N 58W - OM 57W - 07N 56W - V 07N 67W 07N 65W 07N 64W 04N 68W 03N 68W 06N 67W 05N 67W 04N 67W 03N 67W 06N 06N 66W 65W 06N 64W 05N 66W a 02N 68W 02N 67W 01N 6j 01N 67W 04N 66W 03N 66W 02N 66W 01N 66W 05N 65W 04N 65W 03N 65W a 05N 64W 06N 63W 06N 62W 05N 63W 05N 62W 04N 64W 04N 63W 01N 63W 04N 62W 03N 62W 06N 61W 05N 61W 04N 61W 03N 61W 02N 61W SECTION 31 T12N R64W LOT3, NE1/4 1 /4 SW1/4 81.37 acres N A 1 inch = 800 feet Disclaimer This product has been developed solely for internal use only by Weld County. The GIS database and data in the product is subject to constant change and the accuracy and completeness cannot be and is not guaranteed. The designation of lots or parcels or land uses in the data base does not imply that the lots or parcels were legally created or that the land uses comply with applicable State or Local law. UNDER NO CIRCUMSTANCE SHALL THE PRODUCT BE USED FOR FINAL DESIGN PURPOSES. WELD COUNTY MAKES NO WARRANTIES OR GUARANTEES, EITHER EXPRESSED OR IMPLIED AS TO THE COMPLETENESS, ACCURACY. OR CORRECTNESS OF SUCH PRODUCT. NOR ACCEPTS ANY LIABILITY, ARISING FROM ANY INCORRECT, INCOMPLETE OR MISLEADING INFORMATION CONTAINED THEREIN. No part of the product may be copied, reproduced or transmitted in any form or by any means whatsoeverincluding, but not limited to. electronic, mechanical, photocopying. recording. scanning or by any information retrieval system or any non -approved purpose without the express written consent of Weld County. Jessica Reid From: Sent: To: Subject: Konnie Knight <konnieknight@comcast.net> Thursday, January 16, 2020 3:33 PM Jessica Reid Parcel Nomination for an Oil and Gas Lease ICaution: 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. J ess Please nominate the following parcel for an oil and gas lease: 12N -64W Section 31: Lot 3, NESW ( a.k.a. N2SW), containing 81.37 acre, more or less Thanks. Konnie Knight Land Consultant Direct (303) 619-9657 Contex Energy Company LLC 621 17th Street, Suite 1020 Denver, CO 80293 Office: (303) 623-3444 Fax: (303) 623-1523 1 Hello