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Home My WebLink About20194713.tiff400 VERDA 0 RESOURCES p (onrak Aotg 45a\ (1)) NADOA Model Form Division Order (Adopted 9/95) VERDAD RESOURCES LLC 5950 CEDAR SPRINGS RD., SUITE 200 DALLAS, TX 75235 DIVISION ORDER Art os-vaa3-mk405-ct% O5. Property Name: Operator: Property Description: County and State: Production: X BOYD 24-1H & BOYD 24-4H VERDAD RESOURCES, LLC 24 S2- 02N -64W WELD/COLORADO Oil X Gas a - ie Both: Date: 10/31/2019- i EV6ED DDTO Effective Date: First Sale 05/01/2019 Owner No Owner Name Interest Type NRI Decimal 6043 WELD COUNTY COLORADO PO BOX 758 GREELEY, CO 80632 RI 0.00021092 The undersigned certifies the ownership of the decimal interest in production or proceeds as described above payable by Verdad Resources, LLC (Verdad). Verdad shall be notified, in writing, of any change in ownership, decimal interest, or payment address. All such changes shall be effective the first day of the month following receipt of such notice. Verdad is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Verdad any amount attributable to an interest to which the undersigned is not entitled. Verdad may accrue proceeds until the total amount equals $100.00, or pay annually, whichever occurs first, or as required by applicable state statutes. This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or operator or any other contracts for the purchase of oil or gas. In addition to the terms and conditions of this Division Order, the undersigned and Verdad may have certain statutory rights under the laws of the state in which the property is located. Special Clauses: SIGNATURE BOARD OF. ATTEST: CLERK/TO BY: DEPUTY CLERK T C 0 n NOV U 4 2019 Weld County Government CHAIR 1150 "O" Street Greeley, CO 80634 Phone: 970-336-7204 Fax: 970-336-7233 - Tax ID: 84-6000-813 Federal Law requires you to furnish your Social Security or Taxpayer Identification Number, Failure to comply will result in additional tax withholding and will not be refundable by Verdad. t -2k Oacuy-\ a_ es, \ 9 PLEASE RETAIN THI COP,Y_ /V��""�" "0( 2019-4713 000 Jessica Reid From: Sent: To: Subject: Attachments: Noemi Robles <NRobles@VerdadOil.com> Tuesday, October 29, 2019 8:20 AM Jessica Reid FW: Weld County - Boyd 24-1H & Boyd 24-4H - Calculations + Title Details DDOTO - Summary of Lease 3 (4304661).pdf; 4304661 - Small Tract Oil & Gas Lease.pdf; 2019.10.28 Weld County Calculations - Tract 3 (Boyd Wells).xlsx; DDOTO - Weld County Ownership Details.pdf; BOYD UNIT MAP.pdf; Division Order - Verdad - Weld County Colorado- BOYD 24-1 H & 24 -4H -Weld CO- REVISED TITLE.pdf 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. Jessica, Below is Weld County's interests in the Boyd wells, per the information requested in email below. 1. Lease #3: Rec. No. 4304661 2. Calculations: Unit NRI = Mineral Interest x RI Rate x TPF TPF = Tract Acreage / Unit Acreage Owner Name Interest Lease Tract Tract Unit TPF Mineral RI Rate Unit NRI Type yp No. No. Acreage Acreage Interest Weld subdivision County, of Colorado, the State a of political Colorado RI 3 3 1.4500 1271.8150 . 0.00114010 100.0000% 0.18500000 0.00021092 3. Pages of DDOTO pertaining to Weld County's interests in the Boyd 24-1H & Boyd 24-4H 4. Unit Map & Division orders attached. Thank you, Noemi Robles Land Technician fe:t: 1 BOYD SPACING UNIT - 13 AND 24 -2N -64W Tyson Gurney & Hovey, LLC Ben Gurney Ben.Gurney@tghenergylaw.com Verdad Resources, LLC 5950 Cedar Springs Rd., Suite 200 Dallas, Texas 75235 Attn: Mr. Rick Rowe February 22, 2019 (Revised October 24, 2019) RE: Drilling & Division Order Title Opinion Attorney File # 2221 LANDS COVERED BY OPINION: Township 2 North, Range 64 West, 6th P.M. Section 13: All Section 24: All Weld County, Colorado Containing 1271.8150 acres, more or less CERTIFICATION DATE: February 1, 2019 1580 Lincoln Street, Suite 1080 Phone (303) 652-5040 Denver, Colorado 80203 Fax (303) 652-5041 Drilling & Division Order Title Opinion Sections 13 & 24 T2N R64W Weld County, Colorado February 22, 2019 (Revised October 24, 2019) Page 5 TRACTS The lands covered by this Opinion (the "Unit Area") have been divided into the separate Tracts described below The "Tract Factor" set forth for each of the described Tracts identifies the proportion that the total number of acres within such Tract bears to the total number of acres within the Unit Area TRACT 1 Description Township 2 North, Range 64 West, 6th P M Section 13 That portion of Lot B, Recorded Exemption No 1305- 13-3-RE91, recorded at Reception No 1625288, being a part of Section 13, Except that portion conveyed to Weld County, Colorado, recorded May 21, 1980 at Reception No 1825452, located within the E/2W/2 and E/2 Weld County, Colorado TRACT 2 Description Township 2 North, Range 64 West, 6th P M Section 13 That portion of Lot B, Recorded Exemption No 1305- 13-3-RE91, recorded at Reception No 1625288, being a part of Section 13, Except that portion conveyed to Weld County, Colorado, recorded May 21, 1980 at Reception No 1825452, located within the W/2W/2 Weld County, Colorado TRACT 3 Description Township 2 North, Range 64 West, 6th P M Section 13 Part of the NW/4 more particularly described in that certain Warranty Deed dated May 9, 1980, recorded at Reception No 1825452 as follows A parcel of land for a 60 foot wide right-of-way for County Road 59 being more particularly described as follows Beginning at the Northwest corner of Section 13 and running along the North line of Section 13, N 89°09'41" E , 5 58 feet to a point on the new Eastern nght-of-way line of County Road 59, thence along Tract Factor Lease 480 0000/1271 8150 4-8 Tract Factor Lease 150 1910/1271 8150 2, 5, 7 Tract Factor Lease 1 4500/1271 8150 3 Drilling & Division Order Title Opinion Sections 13 & 24 T2N R64W Weld County, Colorado February 22, 2019 (Revised October 24, 2019) Page 6 said new Eastern right-of-way line along a curve to the left having a radius of 2,834 79 feet, an arc length of 174 78 feet and a chord which bears S 4°44'23" E , to a point, thence S 6°30'21" E , 768 76 feet to a point, thence along a curve to the right having a radius of 4,531 26 feet, an arc length of 460 36 feet and a chord which bears S 30°35'43" E , to a point on the Eastern right-of-way line of County Road 59 as traveled, thence S 89°18'55" W , 60 00 feet to a point on the Western right-of-way line of County Road 59 as traveled, thence along the new Western right-of-way line along a curve to the left having a radius of 4,471 26 feet, an arc length of 454 27 feet and a chord which bears N 3°35'43" W , to a point, thence N 6°30'21" W , 239 16 feet to a point on the West line of Section 13, thence along said West line N 1°39'12" W , 707 35 feet to the point of beginning and containing 1 45 acres more or less Weld County, Colorado TRACT 4 Description Township 2 North, Range 64 West, 6th P M Section 13 Lot A, more particularly described as that portion of the Southwest one -quarter described in that certain Warranty Deed dated February 8, 1974, recorded at Reception No 1629949 as follows Beginning at the Southwest corner said Southwest one -quarter, thence N 00°00'00" E on an assumed bearing along the West line said Section 13 a distance of 1413 80 feet to the true point of beginning, thence N 90°00'00" E a distance of 330 00 feet to a point, thence N 00°00'00" E parallel with said West line said Section 13 a distance of 660 00 feet, thence N 90°00'00" W a distance 330 00 feet to a point on the West line of said Section 13, thence S 00°00'00" W a distance of 660 00 feet to the true point of beginning Weld County, Colorado TRACT 5 Description Township 2 North, Range 64 West, 6th P M Section 24 A Tract of land more particularly described in Warranty Deed, dated December 14, 1981, recorded at Reception No 1877022 Commencing at a point on the South Line of Section 24, T2N, R64W of the 6th,P M , said point being S89°31' 13"W, 2071 09 feet from the Southeast Corner of said Section 24, thence N00°28'47"W, 30 00 feet perpendicular to the South line of said Section 24 to the North right- of-way line of Weld County Road no 18 and the True Point of Tract Factor Lease 4 5000/1271 8150 1 Tract Factor Lease 2 3480/1271 8150 9 Drilling & Division Order Title Opinion Sections 13 & 24 T2N R64W Weld County, Colorado February 22, 2019 (Revised October 24 2019) Page 7 Beginning thence continuing N00°28'47"W, 107 74 feet to the Southerly right-of-way line of the Chicago Burlington, and Quincy Railroad" thence S65°31'50"W, 264 99 feet along the Southerly right-of-way line of said Railroad to the North line of said Weld County Road No 18, thence N89°31'13"3, 242 10 feet along the North line of said Road No 18 to the True Point of Beginning, including the South 150' of the BNSF Railroad Right -of -Way lying adj acent thereto Weld County, Colorado TRACT 6 Description Township 2 North, Range 64 West, 6th P M Section 24 A tract of land more particularly described in Warranty Deed, dated January 19, 1968, recorded at Reception No 1876884 Commencing at the Southwest corner of said Southeast one -quarter, thence North on an assumed bearing and along the West line of said Southeast one -quarter a distance of 212 81 feet to a point on the Northerly ROW line of Old U S Highway No 6, thence N66°26'E and along said Northerly R O W line a distance of 126 92 feet to the true point of beginning, thence continuing N66°26'E and along said Northerly R O W line a distance of 563 68 feet, thence North and parallel to the West line of said Southeast one -quarter a distance of 531 89 feet, thence West a distance of 550 00 feet to a point 83 0 feet East of the West line of said Southeast one -quarter, thence S02°31' 14"E a distance of 757 00 feet to the true point of beginning, including the 100' of Weld County Road 398 and North 50' of the BNSF Railroad Right -of -Way lying adjacent thereto Weld County, Colorado TRACT 7 Description Township 2 North, Range 64 West, 6th P M Section 24 Lots A and B of Recorded Exemption No 1305-24-4 RE -4012 dated July 29, 2005 at Reception No 33078851, lying in the SE/4, including that portion of Weld County Road 398 and the North 50' of the BNSF Railroad Right -of -Way lying adjacent thereto and that portion of the SE/4 lying North and West of Interstate 76 and the lands under Interstate 76 descnbed in Special Warranty Deed recorded at Reception No 1312386 Weld County, Colorado Tract Factor Lease 8 8700/1271 8150 9, 13 Tract Factor Lease 112 5790/1271 8150 9, 15, 16 Drilling & Division Order Title Opinion Sections 13 & 24 T2N R64W Weld County, Colorado February 22, 2019 (Revised October 24, 2019) Page 8 TRACT 8 Description Township 2 North, Range 64 West, 6th P M Section 24 Part of the SE/4 lying South of the Burlington Railroad, including the South 150' of the BNSF Railroad Right -of -Way lying adjacent thereto, less and except Tract 1 Weld County, Colorado TRACT 9 Description Township 2 North, Range 64 West, 6th P M Section 24 SW/4, including the minerals under Interstate I-76, Excepting Lot A of Recorded Exemption No 1305-24-3 RECX14- 0106 recorded at Reception No 4176790 and Lot A of Recorded Exemption No 1305 -24 -3 -RE -4480 recorded at Reception No 3428540 Weld County, Colorado TRACT 10 Description Township 2 North, Range 64 West, 6th P M Section 24 Lot A of Recorded Exemption No 1305-24-3 RECX14- 0106 recorded at Reception No 4176790, lying in the NW/4SW/4 Weld County, Colorado TRACT 11 Description Township 2 North, Range 64 West, 6th P M Section 24 Lot A of Recorded Exemption No 1305 -24 -3 -RE -4480 recorded at Reception No 3428540 including to the centerline of Interstate Highway 76, lying in the SW/4SW/4 Weld County, Colorado Tract Factor Lease 32 28/1271 8150 9 Tract Factor Lease 143 6820/1271 8150 11,12,16,17, 18, 19 Tract Factor Lease 7 5220/1271 8150 11, 12, 16, 17, 18, 19 Tract Factor Lease 8 7300/1271 8150 11, 12, 16, 17, 18, 19 Drilling & Division Order Title Opinion Sections 13 & 24 T2N R64W Weld County, Colorado February 22 2019 (Revised October 24, 2019) Page 9 TRACT 12 Description Township 2 North, Range 64 West, 6th P M Section 24 Lot A of Corrected Recorded Exemption No 1305-24-2 RE -4785, recorded at Reception No 3568831, lying in the NW/4NW/4 Weld County, Colorado TRACT 13 Description Township 2 North, Range 64 West, 6th P M Section 24 Lot B of Corrected Recorded Exemption No 1305-24-2 RE -4785, recorded at Reception No 3568831, lying in the NW/4NW/4 Weld County, Colorado TRACT 14 Description Township 2 North, Range 64 West, 6th P M Section 24 NW/4 less and except Lots A and B of Corrected Recorded Exemption No 1305-24-2 RE -4785, recorded at Reception No 3568831 and Lots A and B of Recorded Exemption No 1305-24-2 RE 3278 recorded at Reception No 3002255 Weld County, Colorado TRACT 15 Description Township 2 North, Range 64 West, 6th P M Section 24 Lot B of Recorded Exemption No 1305-24-2 RE 3278 recorded at Reception No 3002255, lying in the NW/4 Weld County, Colorado Tract Factor Lease 5 0000/1271 8150 10, 24 Tract Factor Lease 5 0000/1271 8150 10, 25 Tract Factor Lease 140 3215/1271 8150 10, 20, 23 Tract Factor Lease 6 7200/1271 8150 10, 21 Drilling & Division Order Title Opinion Sections 13 & 24 T2N R64W Weld County, Colorado February 22, 2019 (Revised October 24, 2019) Page 10 TRACT 16 Description Tract Factor Lease Township 2 North, Range 64 West, 6th P M 2 7900/1271 8150 Section 24 Lot A of Recorded Exemption No 1305-24-2 RE 3278 recorded at Reception No 3002255, lying in the NW/4 Weld County, Colorado TRACT 17 Description Township 2 North, Range 64 West, 6th P M Section 24 NE/4 lying North and West of Interstate 76, including the minerals to the centerline of Interstate 76 credited to the lands adjacent thereto Weld County, Colorado TRACT 18 Description Township 2 North, Range 64 West, 6th P M Section 24 NE/4 lying South and East of Interstate 76, including the minerals to the centerline of Interstate 76 credited to the lands adjacent thereto Weld County, Colorado 10 Tract Factor Lease 97 5065/1271 8150 20, 23 Tract Factor Lease 62 3250/1271 8150 14 Dnllmg & Division Order Title Opinion Sections 13 & 24 T2N R64W Weld County Colorado February 22, 2019 (Revised October 24, 2019) Page 13 OWNERSHIP INTERESTS IN TRACT 3 (M/B Tract Located in the NW/4 of Section 13) SURFACE Owner Interest Weld County, Colorado, a body 100 0000% corporate and politic MINERAL INTERESTS & ROYALTY (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Owner Lease Reg Weld County, Colorado, a political 3 subdivision of the State of Colorado OVERRIDING ROYALTY INTERESTS None LEASEHOLD WORKING INTERESTS Owner Noble Energy, Inc Lease 3 Reg Mineral Royalty Interest Interest 100 000000% 18 500000% Lease Lease Lease WI Mineral NRI Interest 100 000000% 100 000000% 81 500000% COUNTY ATTORNEY STAFF APPROVAL This is to affirm the attached Division Order and authorization to receive payment for an oil and gas well has been reviewed by the County Attorney's staff as to form and legal description. Well Name(s): BOYD 24-1H, BOYD 24-4H File Loca$n(s): LE0007 BY: .�`�� DATE: I�;Bruc,e'€arker - County Attorney � NOTES: 1.45 mineral acres/ 1271.8150 acres spacing unit* 18.5% = 0.000210919 MATCH Hello