HomeMy WebLinkAbout20181370.tiffRESOLUTION
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN
PROPERTY OWNED BY WELD COUNTY, COLORADO - S11, T4N, R67W
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, Great Western Operating Company, LLC submitted a request to extend the
lease of 0.189394 net mineral acres, more or less, described to -wit:
Tract A, the Middle School Replat, in Section 11,
Township 4 North, Range 67 West of the 6th P.M.,
Weld County, Colorado, and
WHEREAS, Weld County desires to approve the request submitted by Great Western
Operating Company, LLC to extend the lease on the above -described mineral acreage for
$400.00 per net mineral acre, for a total sum of $75.76, which is to run for a period of six (6)
months, commencing at twelve o'clock noon on May 22, 2018, and ending at twelve o'clock noon
on November 22, 2018.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the request submitted by Great Western Operating Company, LLC, to
extend the lease on the above -described mineral acreage for $400.00 per net mineral acre, for a
total sum of $75.76, which is to run for a period of six (6) months, commencing at twelve o'clock
noon on May 22, 2018, and ending at twelve o'clock noon on November 22, 2018, be, and hereby
is, granted and approved.
4405386 Pages: 1 of 2
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Carly Koppes, Clerk and Recorder, Weld County, CO
f 14 III III
2018-1370
LE0378
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY
OWNED BY WELD COUNTY, COLORADO - S11, T4N, R67W
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 30th day of April, A.D., 2018.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST: G�y,�� G,w..,;� EXCUSED
Steve Moreno, Chair
Weld County Clerk to the Board
EXCUSED
Barbara Kirkmeyer, Pro-Tem
BY:
Deputy Clerk to the
APP AS TO
County A ttorney
Mike Freeman
Date of signature: 062-D4-i$
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Carly Koppes, Clerk and Recorder, Weld County, CO
1111 Kiril hlligle+'4li Viirklk «a .till l Mlr't IIA till
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2018-1370
LE0378
reat We
stem.
OIL & GAS COMPANY
Great Western Oaerating
Conoany, LLC
1801 Broadway, Suite 500
Denver, CO 80202
www.gwogco.com
Karla Hillrran
Land Administration Manager
303.398.0302
866.742.1784 Fax
khillman@cwogco.com
April 12, 2018
Weld County Board of County Commissioners
PO Box 758
Greeley, CO 80632
RE: Election to Exercise Option to Extend Primary Term
Oil and Gas Leases dated May 22, 2015
Weld County LE 0375
Weld County LE 0376
Weld County LE 0377
Weld County LE 0378
Weld County LE 0379
Weld County LE 0380
Weld County, Colorado
Ladies and Gentlemen,
RECEIVE
ELD COUNTY
COMMISSDoNERS
Pursuant to the terms of the captioned leases, Grizzly Petroleum Company, LLC is electing to
extend the primary term of the referenced leases for an additional six (6) month period. The extended
primary term will expire on November 22, 2018.
Enclosed please find the following checks dated April 11, 2018. The checks are payable in the
amounts due pursuant to the extension provision in the leases:
Weld County LE 0375
Weld County LE 0376
Weld County LE 0377
Weld County LE 0378
Weld County LE 0379
Weld County LE 0380
Ck 26709
Ck 26710
Ck 26711
Ck 26712
Ck 26713
Ck 26714
5103.31
578.05
5184.46
$75.76
$48.00
5170.80
L
�y
2018-1370
LE,0515
LEO:51
Great Western Operating Company, LLC
CHECK NO.
26712
REFERENCE
INVOICE DATE
INVOICE NO.
INVOICE AMOUNT
PRIOR PAYMENT
DISCOUNT
AMOUNT PAID
1804 -AP -981
Option
ioaled.—#.94,:r
04/04/18
to extend
70
180404CR-D
lease addition
75.76
6 months
RECEIVED
APR
WELD
COMMISSIONERS
0.00
16 2018
COUNTY
75.76
1
k..Yt'
8 WELD COUNTY BOARD
OF COUNTY
:.:
0 4 / .1 / 18
Page 12
To properly document your receipt hereof, we respectfully request that you sign and date one (1)
copy of the enclosed letter and return it to our office in the self-addressed, stamped envelope which has
been enclosed for your convenience.
Should you have any questions in this regard, please do not hesitate to contact our office.
Since
aria Hillman
Enc:
Receipt of the captioned extension payment is hereby acknowledged this 30th day of
April ,2018.
Weld County Board of County Commissioners
Mike Freeman, Acting Chair Pro-Tem
02'0/f /o1p
*PLEASE KEEP AND SCAN IN TYLER*
Notes for Distribution Clerk
When the Oil and Gas Extension Resolution comes back from
Recording, please be sure to make a copy of the Resolution and mail the
copy of the recorded Resolution to:
Envelope not provided
Great Western Operating Company, LLC
1801 Broadway, Suite 500
Denver, CO 80202
Please include the following in the mailing:
*Only a copy of the Recorded Resolution - DO NOT SEND ANYTHING
FURTHER.
Thank you.
Amanda
Date sent to Recording CD ((Di I g
Date mailed out Co/ I I/ IBS''
By _
pji$-1370
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