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HomeMy WebLinkAbout20191816.tiffNo (3 i of WELD COUNTY LARGE -TRACT OIL AND GAS LEASE Containing 80 acres, more or less: Containing 80 net mineral acres, more or less: THIS LEASE AGREEMENT, dated this 13th day of May , 20 19 , 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 $ 200.00 , 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 24 8N 66W DESCRIPTION OF LAND (attach exhibit if additional space is required) E1/2 SE1/4 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 13th day of May , 20 22 , 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 2019-1816 (Revised 05/2017) LEO O ci 5 Jessica Reid From: Sent: To: Subject: Christie Peters Monday, May 13, 2019 10:30 AM Esther Gesick; Karla Ford; Jessica Reid; Barb Connolly FW: Today's Oil & Gas Lease Auction I just spoke to Erik Larsen with Edge Energy (Mr. Dedrickson is out of the office). Anyhow, yes, he said it was due to changes with the oil and gas regulations. See response below. Thanks, ChrI4tii e' Peters' Buyer I Purchasing Department Weld County Government 1150 "O" Street I Greeley, CO 80631 Phone: (970) 400-4223 cmpeters@weldgov.com 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: Erik Larsen <elarsen@edgeenergyl.com> Sent: Monday, May 13, 2019 10:25 AM To: Dave Dedrickson <DDedrickson@edgeenergyl.com>; Christie Peters <cmpeters@weldgov.com> Subject: RE: Today's Oil & Gas Lease Auction Per our conversation, due to the recent regulatory changes we did not bid on the Weld County parcels offered in this last sale. Thanks 1 Erik Larsen Edge Energy II, LLC 1301 Washington Ave., Ste. 300 Golden, CO 80401 Ph: 303-547-0792 From: Dave Dedrickson Sent: Monday, May 13, 2019 9:20 AM To: Erik Larsen <elarsen@edgeenergyl.com> Subject: Fwd: Today's Oil & Gas Lease Auction Get Outlook for iOS From: Christie Peters <cmpeters@weldgov.com> Sent: Monday, May 13, 2019 7:40:17 AM To: Dave Dedrickson Subject: Today's Oil & Gas Lease Auction Good morning Mr. Dedrickson, Please call me when you have a moment regarding this morning's oil and gas lease auction. Unfortunately, we did not receive any bids. I just wanted to talk with you about this. Thank you, Chri e' Peters, Buyer I Purchasing Department Weld County Government 1150 "O" Street I Greeley, CO 80631 Phone: (970) 400-4223 cmpeters@weldgov.com 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. 2 Oil & Gas Lease Oral Auction - LE0095 .............;a. ase wwk...eaa..,,a1eaaae..saa• +kc.a.o.ae ue s.aard. 08N 65W Weld County ♦cr. 67W 1L,' 613W WM 65W 1►TY 64W T►Tt 63W ■ !CT. 62W !LTV 61W TLIN 60W Try Tar. 58W .a., 57W 1. WI". _. 11N 61W 11N 60W r59W 11N 59W 11N 58W 1 11N 57W 11N 56W 11N 62W 11N 63W 11N 67W 11N 64W 11N 65W _ 11N 66W r 10N 67W 10N 66W 10N 65W 10N 64W 10N 63W 1 I , 10N 62W 10N 61W 10N 60W 10N 10N 59W 58W 10N 57W't 10N 56W ��� 09N 61W 09N 60W 09N 09N 59W 58W 09N 57W 09N 56W 1 U9N 67W 09N 66W 09N 65W 09N 64W 09N 63W 09N 62W r I 08N 67W 08N 66WS 08N 63W 08N 62W 08N 61W 08N 60161 08N 59W 08N 58W 08N 57W 08N 56W -111 08N 65W 08N 64W - - 1 07N 67W J 07N 66W IP 07N 63W ► 07N 62W 07N 61W 07N 60W 07N 59W 07N 58W 07N 57W 07N 56W 07N 65W 07N 64W 06N 67W 06N 66W ■ 06N 65W A 06N 64WI 06N 63W 06N 62W r 06N 61W 05N 67W 05N 66W 05N 65W 05N 64W 05N 63W 05N 62W 05N 61W 04N 66W 04N 65W 04N 64W I 04N 63W U4N 62W a 04N 61W 04N 68W 04N 67W I U3N 68W a 03N 67W 03N 66W 03N 65W 03N 64W 03N 63W 03N 62W I 03N 61W 02N 68W r 02N 67W 02N 66W ■ 02N 65W 02N 64W 02N 63W I 02N 62W 02N 61W 01N 6 01N 67W a I 01N 66W Alt I 01N 65W 01N 64W 01N 63W 01N 62W 01N 61W SECTION 24 T8N R66W E1/2 SE1/4 80 acres N A 1 inch = 600 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 appkcable 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 whatsoever. including, 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. Wit - Karla Ford a Fr : Se - t: Cc: Subject Dave Dedrickson <DDedrickson@edgeenergyl.com> Wednesday, March 20, 2019 2:59 PM Karla Ford Jessica Reid; Erik Larsen RE: Weld County Open Minerals Hi Karla, Dave Dedrickson from Edge Energy II LLC here. I would like to have the following unleased minerals held by Weld County nominated for auction at the earliest available cycle. Let me know you received this and if there's anything more I need to do. Thanks! 80 acres — E1/2 SE1/4, S24, T8N, R66W 6th PM, Weld C • yyu.nN •\M.. ...... .�v.::::•.•n::v.�w:V: ::.::.::.::::n::n.n:.: xv...... nn.n\v.\MYJ•vu.. .Yn .vr A. ... .. ............. ............. ........ .... v.:..:...v.::y.y.•'W: r ♦MvuW v .. � vYvvvn\r\ ova. v.l .. .................................................... Frm: Karla Ford <kford@weldgov.com> Sent: Tuesday, March 19, 2019 1:31 PM To: Dave Dedrickson <DDedrickson@edgeenergyLcom> Cc: Jessica Reid <jreid@weldgov.com> Subject: RE: Weld County Open Minerals • unty Colorado Dave, I show that we do not have any division orders for the following, so we do not believe the lease expired in 2013: 80 acres — E1/2 SE1/4, S241, T8N, R66W I do not show that anything in 519, T8N, R65W has been previously leased. Reminder that we do not officially have a full listing of all of our mineral ownership. If you find something that shows we own minerals, we can use the deed to get it onto the auction. Please let me know if you have any further questions. Thanks! Karla Ford . Office Manager, Board of Weld County Commissioners 1150 0 Street, P.O. Box 758, Greeley, Colorado 80632 :: 970.336-7204 :: ford ! Welds, o..com :: w v Wtisac My working hours are Monday -Thursday 7:00aomo-4:00 pam. Friday 7:00a.m. m Noon 1 Hello