HomeMy WebLinkAbout20181272.tiffRESOLUTION
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN
PROPERTY OWNED BY WELD COUNTY, COLORADO - SW1/4 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:
SW1/4 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.
4402039 Pages: 1 of 2
05/25/2018 01:35 P1'1 R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County, CO
VIII KAR ' "III
2018-1272
LE0185
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY
OWNED BY WELD COUNTY, COLORADO - SW1/4 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: dstifvo r_;ti EXCUSED
� Steve Moreno, Chair
Weld County Clerk to the Board
EXCUSED
Deputy Clerk to the B
APPR VE AS T
torney
Date of signature: 65 23-/g
4402039 Pages: 2 of 2
05/25/2018 01:35 PM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County, CO
Barbara Kirkmeyer Pro-Tem
Sean P. Conway
ALL/ C
Julie A. Cozad
to
Mike Freeman, Acting Chair Pro -Tern
2018-1272
LE0185
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:
B011R11ZR
CREEK
410 17th Street, Suite 1500
Denver, CO 80202
(720) 440-6100 phone
(720) 305-0804 fax
Bonanzacrk.com
YOUR COPY
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 teen 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, 1/81699, #81700 in the amount of $18,013.33, $36,026.67 and S 18,013.33 as total
consideration for the lease extensions.
Lease Name
County
BC File #
Sec-Twp-Rng
WELD
COUNTY
10
-3N
-63W
CO2355-000
WELD
CO2356-000
CO2357-000
Please sign in the space provided below as evidence of your receipt of said check.
Sincerely,
Marred Faith
Land Manager
Rocky Mountain Region
Bonanza Creek Energy Operating Company, LLC
MFaith@bonanzacrk.com
2018-1272
LEO‘$tb
I hereby acknowledge receipt of Bonanza's lease extension application and payment of
$72,053.33
Weld County Board of Commissioners
Ar xc c\ co\a
By:
Title: pev C,Ve01.. V b t ir/ +;QUA
Date: CI l 11 `IPke‘
Page 2
BONANZA CREEK ENERGY, INC.
410 17TH STREET, SUITE 1400 • DENVER, CO 80202 • (720) 440-6100
CHECK NO.
81698
1804 -AP -2169 04/12/18 CKREQ041218 18013.33
6 MONTH EXT OF CO2355-000
0.00 18013.33
LEON
1011 2 WELD COUNTY CLERK OF TIII _1]OARD __.. _.___...______.D.4L1.6__1B__ 18.013.3
*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 S/ S -1 / f 8 -
Date mailed out OS/31/ 18'
By C-'Q.O1-,z- R.vvitA--p
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