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Home My WebLink About20183446.tiffGreat Western Operating Company, LLC Owner: 1382 WELD COUNTY HOARD OF COUNTY * * * Please refer to your owner number when writing * * * RECEIVED OCT 222018 CHECK NO. 66128 Control no. 66128 Check date: 10/15/18 PROPERLY # I P I SALE IRI MO YR I D I PROPERTY NAME BHL/ MCF I I I I BTU/ I I I GRAY I PRICEI GROSS VALUE I ST I cuuTY WELD CO NTs NAME fOMM1SSI� I I I I cmaz NET I mom', I n' I GROSS ITAX I VALUE I INZEREsr I C I VALUE ICODDI STATE TAX I I IDED I I I CUM, IDEDUCITONSI aR NET VALUE 1410235 08/18 G W10238 08/18 G W12700 08/18 0 W10655 08/18 G 08/18 0 W10621 08/18 G 08/18 0 W10800 08/18 G 08/18 0 HEINZE 31-24 3.82 2.55 9.74 HEINZE 31-43 3.18 2.55 8.11 PIERCE UNIT 238.31 63.86 15217.42 SPAUR BR IHERS EH 31-219HN 4324.89 964.02 3.90 16852.21 63.86 61558.04 SPAUR BROTHERS EH 31-222HN 5638.19 3.90 879.86 63.86 SPAUR BROTHERS EH 31-262HN 5150.92 3.90 1113.28 63.86 CO Weld GREAT WESTERN OPERATING CO LLC 8.95 0.11023438 RI 1.07 CO Weld GREAT WESTERN OPERATIM CO LLC 7.45 0.12500000 RI 1.01 CO Weld GREAT WESTERN OPERATIM CO LLC 13983.29 0.00117290 RI 17.85 CO Weld GREAT WESTERN OPERATING CO LLC 15316.97 0.06052559 RI 1019.99 55950.11 0.06052559 RI 3725.84 CO Weld GREAT WESTERN OPERATING CO LLC 21969.60 19968.16 0.12127272 RI 2664.31 56183.76 51065.42 0.12127272 RI 6813.56 CO Weld GREAT WESTERN OPERATING CO LLC 20070.91 18443.16 0.12126600 RI 2433.92 71089.32 65323.97 0.12126600 RI 8620.72 262959 11 240067.48 25298.27 145253.15 1.07 1.01 17.85 1019.99 3725.84 2664.31 6813.56 2433.92 8620.72 .00. 0.00 25298.27 0.00 0.00 1452;53'.15„„ 2018-3446 Great Western . OIL i GAS COM�ANY Gr2�₹�"J�sf�rn�il &Gas 72Q.545.�3�'? �G�fi `s.7°� S�r2et,Suite 2000 86b.742.i 78��a� u��n��r. �:.0 Sn202 in`o.<� �vo ,c�.�:�Rr� 9 9�- titi�ww.gwogco.,��m Dear Interest Owner: As you may be aware, a potentially devastating statutory proposition is currently facing the oil and natural gas industry in Colorado and ultimately you, as a mineral owner. Anti-industry groups have secured the requisite number of valid signatures to put a proposition on the November ballot that would require a minimum 2,500 foot setback for new oil and gas development (this would not impact existing production). Proposition 112 would effectively ban oil and natural gas development in Colorado, costing tens of thousands of jobs, hundreds of millions in tax revenue, and devastating large segments of our State economy. Below, please find opportunities to learn more about Proposition 112. Call to Action If you are not a Colorado resident, we encourage you to visit ProtectColorado.com to learn more about the ballot initiatives that will be on the ballot this fall. If you are a Colorado resident, we encourage you to: • Visit ProtectColorado.com; • Talk to your friends, family and neighbors about the positive ways oil and natural gas development has impacted you and your family's life for the better; and • Update your voter registration or register to vote by visiting the Colorado Secretary of State's website at https://www.sos.state.co.us/pubs/elections Proposition 112 Increases the current 500 foot setback to a minimum 2,500 foot setback from occupied structures and adds "vulnerable areas" including, without limitation, waterways, open space, intermittent streams, etc. (excluding federal lands). • In 2016, a study on a very similar initiative was done by the Colorado Oil and Gas Conservation Commission("COGCC"),which is charged with fostering and regulating oil and natural gas development in our State. As a result of their study, the COGCC developed the map set forth below which shows that 85% of Weld County would be off limits to all future oil and gas development and/or hydraulic fracturing. We have not yet received an updated map from the COGCC for the 2018 initiative, but expect a similar impact in areas where Great Western operates. � 2 '� � r - � i y F * �.s.' _ �.; -- ___ ____ l COGCC report dated May 27, 2016 available at www.cogcc.state.co.us • No exceptions or waivers would be available, which infringes upon individual private property rights. • According to a recent study by the Colorado Alliance of Mineral and Royalty Owners, "the cities and counties in the Wattenberg Field, or the State of Colorado, that enact bans on developing minerals in the Wattenberg Field could be on the hook for over $26 billion from successful takings claims, or just compensation for the public use of private property." Amendment 74 The Colorado Farm Bureau has introduced a constitutional amendment to defend private property owners like homeowners, businesses, farmers, and ranchers. When a government action takes or devalues private property, this amendment would ensure private property owners have the right to ask for compensation for their losses. You can find more information about this arnendment at https://coloradosharedheritage.com/ We hope you find this information helpful, and we encourage you to reach out to us if you have further questions at re�u(atorvpennittin�, �r�.��c•c��co.com. Thank you for your attention to these issues that impact us all. We are united in our dedication to promoting the benefits of energy production in Colorado, highlighting energy resource extraction as a critical part of Colorado's state economy, and safely and responsibly producing the resources we all rely on. We appreciate your support. Sincerely, Great Western Operating Company, LLC. . �� -; . � �� }��ro osition 112 � p �� . r�,__� v��. Colorado's oil and natural gas indusiry has been an - important part of our state's history for over 100 years. - It employs over 100,000 workers,helps fund our �• ' .� schools, keeps our energy costs low,and has an annual economic impact of$32 billion to the state. .. What is Proposition 112? �, Proposition 112(previously Initiative 97) is a statutory ; r� ballot measure that if passed,wiU establish a 2,500-foot setback between new oil and natural gas development and occupied siructures or other vulnerable areas. Vulnerable areas rnclude, but are not limited to: playgrounds,permanent sports fields,amphitheaters, "' '•'� public parks, public open space,public and community drinking water sources, irrigation canats,reservoirs, ■ Area uff limiis fo!new na!ur�l F.darit Id^dz iha:cOu'd b•�OpeR fo y�;,,,,��;i�rvebpment by ■ �,�tural9as snd oii expbrat:or due to IeI(e5, rivers, and perennial or intermittent streams and adcp'�n;>e4bark;�i 2>OOfr. 25�:�serba�k.��t;,��.,>c�r��,E SS.,�,: creeks. If the state or any loca!government decides other areas need to fall within this setback,they would have the discretion to do so under Proposition 112. Federal lands are excluded from this measure. Whi1e advocated as a simple buffer zone increase,this measure is anything but. If passed,the measure would devastate the oil and natural gas industry, eliminating jobs,drast+cally reducing tax dollars for schools, parks and libraries and stripping away the private property rights of thousands of Coloradans. Illustrated in the image above,94 percent of private lands in the top five oil and natural gas producing counties in Colorado would become off limits to new development. Economic & Fisca) Impact The passing of Proposition 112 would have far-reaching, negative effects on Colorado.According to a studv conducted by the Common-Sense Policy Roundtablel and a coalition of other organizations,they found that: • Proposition 112 would kill up to 147,800 good-paying jobs in Colorado by 2030,with up to 43,000 jobs being lost in the first year alone. • From 2019 to 2030 the estimated loss in state GDP would be $218 biflion,w9th the state losing$26 billion annually in GDP by 2030. • From 2019 to 2030 over$147.6 billion in personal income would be lost. • From 2019 to 2030 over$9 billion in state and local tax revenue would be (ost,with that amounting to a loss of more than$1 billion annually by 2030. 1"Increasing the Oil and Gas Setback Requirement to 2,500-feet in Colorado,The Economic and Fiscal Impacts of 2018 Initiative 97." Chris Brown&Zhao Chang.Common Sense Policy Rouncttable,Colorado Concern,Denver South Economic Development Partnership,Colorado Bankers Association,Colorado Association of Realtors.2018 Updated:9.6.2018 1800 Glenarm Place,Suite 1 l0il-Dent�er,� ��-�� • :��_..__.. � � � �,�� ; . , �� ` Pro osition 112 � y p . � . . :_ ��_ �_�_ Colorado's schoois,parks and libraries would also be affected. In 2016 and 2017, Colorado's K-12 system benefited from over$700 million in local oil and natural gas tax revenue. Counties received almost$350 million,municipalities received over$66 million,and special districts received over$270 million. Impacts �utside Industry As a primary employer,every direct job wtthin the oil and natural gas sector leads to 4 to 5 additional Colorado jobs. Many sectors of Colorado's economy rely on th� business that the oil and natural gas industry generates, including trucking companies, hotels, restaurants, retai)stores,and many others.Proposition 112 would take away up to: • 16,000 Retail Jobs • 6,000 Real Estate Jobs • 10,000 Construction Jobs • 12,000 Health Care Jobs • 9,000 Teachers&Government Jobs � 9,000 Hotel&Food Service lobs In fact, 147,800 jobs could be lost overall,with 77 percent of those job losses occurring outside of the oi1 and natural gas industry. Strongest Regulations in the Nation Colorado has arguably the strongest regulatory framework for oil and natural gas development in the nation. Not only is the industry regulated by federal agencies such as the EPA,but also by state agencies like COGCC, CDPHE, and Colorado Parics and Wildlife. Local governments also have a say in oil and natural gas development, regulating the industry through land use provisions. If oil and natural gas is being extracted in Colorado, it is being done safely and responsibly. Additional Resources & Information COGCC GIS-Based Impact Assessment of Initiative#97 CSPR Economic and Fiscal Impacts of 2018 Initiative#97 COGA Statement: Voters to face half-mile setback measure For More Oil&Natural Gas Industry Informational Fact Sheets: www.coga.org/energy-education/factsheet Updated:9.6.2018 1800 Glenarm Place,Suite 1100-Denvec,G(� .' �n�` •. • � • � .,r7.P_.:.: . - -'�..;,::Y�_:c:..... Hello