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HomeMy WebLinkAbout20181271.tiffRESOLUTION RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - NW1/4 NE1/4, S10, T3N, R63W WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County is the owner of vast mineral lands located in Weld County, Colorado, and WHEREAS, Bonanza Creek Energy Operating Company, LLC, submitted a request to extend the lease of 40 net mineral acres, more or less, described to -wit: NW1/4 NE1/4 of Section 10, Township 3 North, Range 63 West of the 6th P.M., Weld County, Colorado, and WHEREAS, Weld County desires to approve the request submitted by Bonanza Creek Energy Operating Company, LLC, to extend the lease on the above -described mineral acreage for $450.33 per net mineral acre, for a total sum of $18,013.33, which is to run for a period of six (6) months, commencing at twelve o'clock noon on April 20, 2018, and ending at twelve o'clock noon on October 20, 2018. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the request submitted by Bonanza Creek Energy Operating Company, LLC, to extend the lease on the above -described mineral acreage for $450.33 per net mineral acre, for a total sum of $18,013.33, which is to run for a period of six (6) months, commencing at twelve o'clock noon on April 20, 2018, and ending at twelve o'clock noon on October 20, 2018, be, and hereby is, granted and approved. 4402038 Pages: 1 of 2 05/25/2018 01:35 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO 2018-1271 LE0183 RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY OWNED BY WELD COUNTY, COLORADO - NW1/4 NE1/4, S10, T3N, R63W PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 23rd day of April, A.D., 2018. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: da44)w,e1 EXCUSED Steve Moreno, Chair Weld County Clerk to the Board EXCUSED BY: Deputy Clerk to the APP' • . i ; S T ounty rney Date of signature: 05-a 3: /8 Barbara Kirkmeyer ro-Tem Sean P. Conway u ie A. Cozad Mike Freeman, Acting Chair Pro-Tem 4402038 Pages: 2 of 2 05/25/2018 01:35 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, Co Bill 2018-1271 LE0183 410 17th Street, Suite 1500 Denver, CO 80202 (720) 440-6100 phone (720) 305-0804 fax Bonanzac rk .00111 April 16, 2018 Weld County CO Board of County Commissioners 1150 O Street Greeley, CO 80632 RE: Oil and Gas Lease Extensions To Whom It May Concern: Pursuant to the terms of your oil and gas leases, dated 4/20/2015 between WELD COUNTY and Bonanza Creek Energy Operating Company, LLC as Lessee. Bonanza Creek Energy is hereby exercising the option to extend the primary term of your 3 leases an additional 6 months, thru 10/20/2018 as allowed for by the language in your lease. Enclosed you will find Bonanza's check # 81698, //81699, #81700 in the amount of $18,013.33, $36,026.67 and $ 18,013.33 as total consideration for the lease extensions. Lease Name Couicty See-'#'wp-Rig =: C File # 10 -3N -63W CO2355-000 CO2356-000 CO2357-000 WELD COUNTY WELD Please sign in the space provided Below as evidence of your receipt of said check. Sincerely, ooter Maxi/vett Faith. Land Manager Rocky Mountain Region Bonanza Creek Energy Operating Company, LLC MFaith@bonanzaerkocone 2018`1271 LE, W 3 I hereby acknowledge receipt of Bonanza's lease extension application and payment of $72,053.33 Weld County Board of Commissioners By: Acnc'nda '. 1c1 Title: -beau I C ibe.beaCCI c Date: LI M Ig014. Page 2 ONANZA CREEK ENERGY, INC• 410 17TH STREET, SUITE 1400 • DENVER, CO 80202 • (720) 440-6100 CHECK NO. 81700 1804 -AP -2169 04/12/18 CKREQ041218 B 6 MONTH EXT OF CO2357-000 # 'g363 18013.33 0.00 18013.33 L-EOI$3 1041 2 WELD COUNTY CLERK OF THE BOARD 04116/18 18,013 33 *PLEASE KEEP AND SCAN IN TYLER* Notes for Distribution Clerk. When the Oil and Gas Extension Resolution comes back from Recording, please be sure to make a copy of the Resolution and mail the copy of the recorded Resolution to: Envelope provided Bonanza Creek Energy Operating Company, LLC Attn: Julie Seymour 410 17th Street, Suite 1400 Denver, CO 80202 Please include the following in the mailing: *Only a copy of the Recorded Resolution and the signed receipt acknowledgement - DO NOT SEND ANYTHING FURTHER. Thank you. Amanda Date sent to Recording 51&9 / I Date mailed out S/ 3 I / I S' ByCc2 ern Q. QcD —1 7I Hello