HomeMy WebLinkAbout20191233.tiffWELD COUNTY LARGE -TRACT OIL AND GAS LEASE
Containing 160 acres, more or less:
Containing 160 net mineral acres, more or less:
THIS LEASE AGREEMENT, dated this 27th day of March , 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, do 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 $ 400.00 , 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
13 4N 61W
DESCRIPTION OF LAND (attach exhibit if additional space is required)
S1/2 NW1/4, NE1/4 NW1/4, SW1/4 NE1/4
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 27th day of March , 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
2019-1233
2/02
7
(Revised 05/2017)) a.5c1
Karla Ford
From:
Sent:
To:
Subject:
Jim Peay <jrpeay@vantageco.net>
Tuesday, February 26, 2019 1:53 PM
Karla Ford
Oil & Gas Lease Auction Nomination
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 Karla, if possible, please add the following tract to the next Weld County auction;
Township 4 North, Range 61 West, 6th P.M. _ if.02 5��
Section 13: S/2NW/4, NE/4NW/4, SW/4NE/4 L
160.00 acres
Jim Peay
Vantage Resources Co.
P.O. Box 1673
Denver, CO 80201
303-570-2631
1
Rose Everett
From:
Sent:
To:
Subject:
Jim Peay <jrpeay@vantageco.net>
Tuesday, March 26, 2019 10:50 AM
Rose Everett
Fwd: B 1900065 - OIL & GAS LEASES ( 6 PARCELS)
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.
Good Morning Rose, just a courtesy note to advise
that we will not be bidding at tomorrow's lease sale.
We need to see the new oil and gas regulations
the legislature is proposing.
Best Regards,
Jim Peay
Vantage Resources Co.
P.O. Box 1673
Denver, CO 80201
303-570-2631
Begin forwarded message:
From: Jim Peay <jrpeayvantageco.net>
Subject: Re: B1900065 - OIL & GAS LEASES ( 6 PARCELS)
Date: March 11, 2019 at 12:54:13 PM MDT
To: Rose Everett <reverett@weldgov.com>
Thanks Rose, due to recent legislative developments our participation in the auction is being
re-examined.
Jim Peay
Vantage Resources Co.
P.O. Box 1673
Denver, CO 80201
303-570-2631
On Mar 11, 2019, at 12:27 PM, Rose Everett <reverett@weldgov.com>wrote:
<Revised - LEASE 5 AND MAP.pdf>
1
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DESKih PURPOSES WELD COUNTY MAKES DC WARRANTIES OR Gt@ARAPTE€3.
EITHER EXPRESSED OR IMPLIED AS TO THE COMPUTDRESS, ACCURACY OR
CORRECTNESS OF SUO+ PRODUCT NOR ACCEPTS ANY LuA MUrY. ARISING F$OU
ANY INCORRECT I COMPLETE OR Nal:I rU **FORMATION CONTAINED
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REQUEST OIL & GAS LEASE AUCTION **PLEASE EMAIL BACK TO PURCHASING IF BIDDING
ON THIS OIL & GAS LEASE AUCTION**
March 6, 2019
BID REQUEST N O . B1900065
RE: OIL AND GAS LEASES
Weld County. Colorado will receive sealed bids for the gas and oil leases on the parcels shown below until: WEDNESDAY, March 27th,
2019 A 8:30 a.m. in the office of the Weld County Purchasing department, 1150 "O" Street Room #107, Greeley CO 80631. The
opening of the sealed bids and an auction will be held in the Weld County Public Board Meeting shortly after 9:00 a.m. on the same day.
(in the same building) Please make sure your sealed bid is received in the Purchasing Dept by 8:30 am. Do not bring bids to the
board meeting at 9:00 am.
DESCRIPTION OF LAND
SECTION TOWNSHIP RANGE ACRES
1. ( ) SW1/4SE1/4 1 7N 63W 40.00
2. ( ) E1/2NE1/4,NW1/4NE1/4 1 7N 63W 120.23
3. ( ) NW1 /4 13 7N 60W 160.00
4. ( ) N E 1 /4 13 7N 63W 160.00
5. ( ) S1/2NW1/4,NE1/4NW1/4,SW1/4NE1/4 13 4N 61W 160.00
6. ( ) SW1/4 24 7N 63W 160.00
Please mark the ( ) [Example (X)1 of the parcel/parcels that you are going to bid on, then email your form back to Purchasing.
Please call 970-400-4222 OR 4223 if you have any questions. Please fill this request to bid form out and send back to the
Weld County Purchasing Department. Our email is: bidsAweldgov.com and our mailing address is Weld County Purchasing,
1150 "O" Street, Room 107, Greeley CO 80631. This lets us know what companies/persons are interested in bidding on this
lease stated in the bid documents.
Thank you! Rose Everett & Christie Peters
FIRM
(Please print)
BUSINESS
ADDRESS
BY
(Please print)
CITY, STATE, ZIP CODE
TELEPHONE NO
SIGNATURE
DATE
FAX TAX ID #
E-MAIL
**PLEASE SEND BACK TO PURCHASING SO WE CAN KEEP YOUR EMAIL ON FILE**
( ) PLEASE MARK IF YOU WISH TO BE TAKEN OFF BIDDERS LIST
( ) PLEASE MARK WITH [X] IF THIS IS AN ADDRESS CHANGE
Hello