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WELD COUNTY LARGE -TRACT OIL AND GAS LEASE
Containing 40 acres, more or less:
Containing 26.68 net mineral acres, more or less:
THIS LEASE AGREEMENT, dated this 28th day of February , 20 18 , 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 $ 66.70 , 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
31 1N 68W
DESCRIPTION OF LAND (attach exhibit if additional space is required)
SE1/4 SW1/4
2018-0645
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 28th day of February , 20 21 , 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
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SW/4 SE/4 Section 31, TIN, R68W1-
SE/4 SE/4 Section 3111-1N, R68W.
Lease tract
Township/Range
Section
Qtr Qtr Sections
Parcels
E, inch = 500 feet
Disclaimer
This product has been developed solely for internal use only by Weld County.
The GIS database, applications, 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 database does not imply that the lots or parcels were legally created or that the land uses
comply with applicable State or Local law. UNDER NO CIRCUMSTANCE SHALL ANY PART 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.
Amanda Petzold
From:
Sent:
To:
Subject:
Amanda,
Kyle Ostrow <KOstrow@wolfresourcesllc.com>
Wednesday, January 31, 2018 10:07 AM
Amanda Petzold
Re: Weld County unleased S2 -31 -1N -68W -Wolf Resources LLC
Yes I think I follow you. The two parcels we are interested in leasing are below.
SWSE-31-1N-68W 26.68 nma LE. OLi1-b
SESW-31-1N-68W 26.68 nma LE OM1y
Thanks,
Kyle
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From: Amanda Petzold <apetzold@weldgov.com>
Sent: Wednesday, January 31, 2018 7:39 AM
Subject: RE: Weld County unleased S2 -31 -1N -68W -Wolf Resources LLC
To: Kyle Ostrow <kostrow@wolfresourcesllc.com>
Kyle,
We do not do our own title searches. We do have old records that I will review when I get back into the office tomorrow.
Please advise of the acreage for each separate parcel, as we will only lease out according to how the lands are depicted
on the deed. Therefore, we would do two separate leases, one tied to each deed. Once I have the acreage amounts for
each lease I will have this placed on the auction list for 2/28 and then will have our GIS department map out the parcels
to confirm acreage.
Does this all make sense? Thank you.
Please Note: My normal working hours are Tuesdays -Thursdays.
Amanda Petzold
Deputy Clerk to the Board
1150 O Street / P.O. Box 758
Greeley, CO 80631
tel: (970) 400-4224
1
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: Kyle Ostrow[mailto:KOstrow@wolfresourcesllc.com]
Sent: Wednesday, January 31, 2018 7:00 AM
To: Amanda Petzold <apetzold@weldgov.com>
Subject: RE: Weld County unleased 52 -31 -1N -68W -Wolf Resources LLC
Amanda,
I attached the documents my title guy provided. Based off the deeds it is just the mineral rights and not the surface. We
show Weld County owning 2/3 mineral interest into 80 acres so a total of 53.333 net mineral acres.
Does this match with your title?
Kyle Ostrow
Landman
Direct: (303) 945-5066
Fax: (509) 355-3477
kostrow@wolfresourcesllc.com
http://wolfresourceslIc.com/
Confidentiality Notice
This electronic transmission, and any attachments hereto, contains information from Wolf Resources, LLC, which may be confidential or otherwise protected by
applicable law. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the content of this information is prohibited. If you
have received this communication in error, please notify us immediately by email or by telephone 303-945-5066 and delete the original message. Neither this email
nor any attachments hereto are meant to render any legal or tax advice, or advice regarding the legal or tax treatment of any real estate or mineral transaction.
From: Amanda Petzold fmailto:apetzoldPweldgov.com]
Sent: Wednesday, January 31, 2018 6:28 AM
To: Kyle Ostrow <KOstrow@wolfresourcesllc.com>
Subject: RE: Weld County unleased S2 -31 -1N -68W -Wolf Resources LLC
Thanks. Can you please advise of the acreage? Also, please attach a deed showing Weld County owns this land.
Thank you.
Please Note: My normal working hours are Tuesdays -Thursdays.
Amanda Petzold
Deputy Clerk to the Board
1150 O Street / P.O. Box 758
Greeley, CO 80631
tel: (970) 400-4224
2
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: Kyle Ostrow[mailto:KOstrow@wolfresourcesllc.com]
Sent: Tuesday, January 30, 2018 2:33 PM
To: Amanda Petzold <apetzold@weldgov.com>
Subject: RE: Weld County unleased S2 -31 -1N -68W -Wolf Resources LLC
Amanda,
The legal description we are interested in leasing is SESW-31-1N-68W and SWSE-31-1N-68W.
Kyle Ostrow
Landman
Direct: (303) 945-5066
Fax: (509) 355-3477
kostrow@wolfresourcesllc.com
http://wolfresourcesllc.com/
WOLF
RESOURCES
Confidentiality Notice
This electronic transmission, and any attachments hereto, contains information from Wolf Resources, LLC, which may be confidential or otherwise protected by
applicable law. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the content of this information is prohibited. If you
have received this communication in error, please notify us immediately by email or by telephone 303-945-5066 and delete the original message. Neither this email
nor any attachments hereto are meant to render any legal or tax advice, or advice regarding the legal or tax treatment of any real estate or mineral transaction.
From: Amanda Petzold [mailto:apetzold@weldgov.com]
Sent: Tuesday, January 30, 2018 1:36 PM
To: Kyle Ostrow <KOstrow@wolfresourcesllc.com>
Subject: RE: Weld County unleased S2 -31 -1N -68W -Wolf Resources LLC
Sounds good.
Please Note: My normal working hours are Tuesdays -Thursdays.
Amanda Petzold
Deputy Clerk to the Board
1150 O Street / P.O. Box 758
Greeley, CO 80631
tel: (970) 400-4224
3
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: Kyle Ostrow[mailto:KOstrow@wolfresourcesllc.com]
Sent: Tuesday, January 30, 2018 1:28 PM
To: Amanda Petzold <apetzold@weldgov.com>
Subject: RE: Weld County unleased S2 -31 -1N -68W -Wolf Resources LLC
Amanda,
Thank you I will have it to you shortly. Our title landman is coming back from Greeley right now and will get me the exact
legal description when he is back in the office.
Kyle Ostrow
Landman
Direct: (303) 945-5066
Fax: (509) 355-3477
kostrow@wolfresourceslIc.com
http://wolfresourcesllc.com/
Confidentiality Notice
This electronic transmission, and any attachments hereto, contains information from Wolf Resources, LLC, which may be confidential or otherwise protected by
applicable law. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the content of this information is prohibited. If you
have received this communication in error, please notify us immediately by email or by telephone 303-945-5066 and delete the original message. Neither this email
nor any attachments hereto are meant to render any legal or tax advice, or advice regarding the legal or tax treatment of any real estate or mineral transaction.
From: Amanda Petzold [mailto:apetzold@weldgov.com]
Sent: Tuesday, January 30, 2018 11:22 AM
To: Kyle Ostrow <KOstrow@wolfresourcesllc.com>
Subject: RE: Weld County unleased 52 -31 -1N -68W -Wolf Resources LLC
Kyle,
We have selected a date for our next auction being 2/28. If you are wanting to have your parcel included I need the
nomination by end of business tomorrow. Otherwise, it will be placed on the following auction, sometime in the Spring.
Thank you.
4
Amanda Petzold
From:
Sent:
To:
Subject:
Dear Amanda,
Rick Rowe <RRowe@VerdadOil.com>
Wednesday, March 07, 2018 2:10 PM
Amanda Petzold
RE: 2/28/2018 Oil and Gas Auction
Verdad and Aztec officially withdrew their bids on the last 2 parcels last week due to a title bust. FYI and
appropriate actions.
Respectfully,
Rick Rowe
Land Manager
Verdad Resources LLC
5950 Cedar Springs Road, Suite 200
Dallas, TX 75235-6803
Telephone: 214.838.2775
Fax: 214.357.9358
From: Amanda Petzold [mailto:apetzold@weldgov.com]
Sent: Wednesday, March 07, 2018 3:06 PM
To: Rick Rowe <RRowe@VerdadOil.com>
Subject: 2/28/2018 Oil and Gas Auction
Good Afternoon,
Would you kindly respond via email advising you chose to withdraw from the last two parcels in the auction last week?
This is needed as back-up for our records.
Thank you.
Please Note: My normal working hours are Tuesdays -Thursdays.
Amanda Petzold
Deputy Clerk to the Board
1150 O Street / P.O. Box 758
Greeley, CO 80631
tel: (970) 400-4224
1
Amanda Petzold
From:
Sent:
To:
Subject:
Josh Witter <jwitter16@gmail.com>
Tuesday, March 06, 2018 4:12 PM
Amanda Petzold
Re: Oil and Gas Auction Withdraw
Amanda,
I withdraw my bid on lease # 6 & 7 for lease auction 2/28/18.
Thank you,
Aztec Exploration, LLC
Josh Witter
Landman
Aztec Exploration, LLC
P.O. Box 621925
Littleton, CO 80162
Office: (720) 389-6506
Cell: (214) 505-6534
On 3/1/18, 7:46 AM, "Amanda Petzold" <apetzold@weldgov.com> wrote:
Josh,
Please respond communicating for our records that you withdrew from the last two parcels yesterday. Since
the hearing did not reflect this, as it occurred afterward in the office, we do not have any written record.
Simply reply advising you withdrew and for what reasons.
Thank you.
Please Note: My normal working hours are Tuesdays -Thursdays.
Amanda Petzold
Deputy Clerk to the Board
1150 O Street / P.O. Box 758
Greeley, CO 80631
tel: (970) 400-4224
1
°An _ 1t9
i?GflK I 0`` is PAEr,.. Reception No. iiecurder
TREASURER'S DEED TO COUNTY —The McVey Printery, Greeley, Colorado
'now xtt Men b Presents, That, Whereas, the following described real property, viz:
SE`:SE``: Section3l, Township 1 North, Range 68 Test. maw o.F.a.R.CO. a_s:::versorrs
S;7 SEi-:Exc and 2/3 Int in minerals, Section 31, Township 1 North, Range 68 We
situated in the County of Weld and State of Colorado, was subject to taxation for the year (mcylaxs) A. D., 19.M....
AND WHEREAS, the taxes assessed upon said property for the year (orxxcaars) aforesaid remained due and
unpaid at the date of the sale hereinafter named;
AND WHEREAS, the Treasurer of the said County (aouldmatx}ul3r t+ t eY-NgProlfeSictiflexiliexre'ff i 3pleFff
xim d ribabc=xxx fmact3i r a'&telvfos1 licembecAc tlVax. x,l ot" dmit itcat ia.46Voixthlx
35144WitigcttraltUt Pa l& thilitpctrOtifitgc
Zukilaxi xdimxcethrtfimexforxalz bfixcttion)cofx zkzhacingopub₹isked x xtt rzzlecaspt cle rcl , did, on
the 1.4.th... clay of ...._..11aoe tier , A. D., 1931..,by virtue of the authority vested in him by law, at an
adjourned sale, the sale begun and publicly held on the 12th.___ day of IIeeemher , A. D., 19.31, expose
to public sale at the office of the Treasurer, in the County aforesaid, in substantial conformity with the require-
ments of the statute in such case made and provided, the real property above described for the payment of the
taxes, interest and costs then due and remaining unpaid on said property;
AND WHEREAS, at the sale so held as aforesaid by the Treasurer, no bids were offered or made by any
person or persons for the said property and no person or persons having offered to pay the said taxes, interest and
costs upon the said property for that year (zxay x) and the said Treasurer having passed such real property over
for the time, did re -offer it at the beginning of the sale the next day (and each succeeding day of said sale) and the
Treasurer having become satisfied that no sale of said property could be had, therefore, the said property was, by
the then Treasurer of the said County, stricken off to the said County, and certificate.... of sale (was) (tome) duly
issued therefor to the said County in accordance with the statute in such case made and provided.
AND WHEREAS the said properties. (apms- (were severally) assessed for that year (=lCaars) at a sum of
l (more) than one hundred dollars:
AND WHEREAS the said County has held said Certificate___. of sale for three years or more and the said
propertia.. )hms (have) not been redeemed therefrom as provided by law.
AND WHEREAS the Board of County Commissioners of said County has made application, for a tax. deed;
AND WHEREAS all the provisions of the statutes prescribing prerequisites to obtaining tax deeds have been
fully complied with, and are now of record and filed in the office of the County Treasurer of said County;
NOW THEREFORE, I, Harvey F. Witwer , Treasurer of the County aforesaid, and by virtue
of the statute in such case made and provided, have granted, bargained and sold and by these presents do grant,
bargain and sell the above and foregoing described real estate unto the said. County of Weld, forever, subjeFti 6o.
all rights of redemption by minors, insane persons or idiots provided by law. , Treasurer as aforesaid, b§' 'virt>ie> f t1e!•
IN WITNESS WHEREOF, I, Harvey E. Witwer
authority aforesaid, have hereunto set my hand and seal this 8th day of April ' _,., A. D":; -19th 1.'
•
"" (SEAL)y
surer of Weld County, Colorado. V.
Certificate No. 12fIA Book No. 7 Tax Sale Record. /
Year of Sale 1931... S. D. 121
STATE OF COLORADO, }
ss.
COUNIX,(IF,,VELD
The+f; At zrijrument was acknowledged before me this .... Mkt.... day of
by.:��„_Y__..�;, ;� x,;, �:iYuy....a..... L1�a.Yt...lwx as County Treasurer in and for the County of Weld in the
Statea.of Colorado.
LyXo mission e>ipites:
Mpy
,A.D.,19 40
.:titnesshnd`aiid official seal this
rGI•
7' r
•
6th day of
A. D., 19 40
OF j.)N "RiCT COURT, Notary Public.:
.41d C;ouncy, Cok ra jo.
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