HomeMy WebLinkAbout20173574.tiffRESOLUTION
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN
PROPERTY OWNED BY WELD COUNTY, COLORADO - S6, T7N, 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, Extraction Oil and Gas, Inc. submitted a request to extend the lease of 1.47
net mineral acres, more or less, described to -wit:
Section 6, Township 7 North, Range 67 West of the
6th P.M., Weld County, Colorado, and
WHEREAS, Weld County desires to approve the request submitted by Extraction Oil and
Gas, Inc., to extend the lease on the above -described mineral acreage for $400.00 per net mineral
acre, for a total sum of $588.00, which is to run for a period of six (6) months, commencing at
twelve o'clock noon on October 28, 2017, and ending at twelve o'clock noon on April 28, 2018.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the request submitted by Extraction Oil and Gas, Inc., to extend the lease
on the above -described mineral acreage for $400.00 per net mineral acre, for a total sum of
$588.00, which is to run for a period of six (6) months, commencing at twelve o'clock noon on
October 28, 2017, and ending at twelve o'clock noon on April 28, 2018, be, and hereby is, granted
and approved.
4348846 Pages: 1 of 2
11/01/2017 01:38 PM R Fee:$0.00
Carly Koppes: Clerk and Recorder, Weld County; CO
VIII MIrdn'r l i�leh,i+�',kll�.II, M� u manly,
E� MCI" �I II I
2017-3574
LE0341
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY
OWNED BY WELD COUNTY, COLORADO - S6, T7N, R67W
PAGE 2
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 16th day of October, A.D., 2017.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST: detavo..�C LRD•
Weld County Clerk to the Board
BY:_aaapp
puty Clerk to the Board
APPROVED AS
unty orney
Date of signature: 1O (31 / 1?
4348846 Pages: 2 of 2
11/01/2017 01:38 PM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County; Co
1111 11111
Jul�iLt&
Cozad, Chair
Steve Moreno, Pro -Tern
Sean P. Conway
arbara Kirkmeyer
C
2017-3574
LE0341
PAYMENT IS MADE UNDER INSTRUMENT DESCRIBED BELOW, PLEASE DEPOSIT AMOUNT OF CHECK TO THE CREDIT OF PARTY OR PARTIES NAMED.
ENT IS MADE IN A MANNER TO CONFORM TO THE TERMS OF THE INSTRUMENT REFERRED TO WHEREIN YOU ARE NAMED DEPOSITORY.
RENTAL RECEIPT/ Wells Fargo Bank, N.A. Stub 1 of 1
EXTRCTION EXTRACTION OIL & GAS, INC SHUT IN RECEIPT Van Wert, OH
oa& ce. 370 17th Street, Suite 5300
DENVER, CO 80202 DATE: Sep -26-2017 NO. 031086
720-557-8300
I RENTAL PERIOD
COUNTY STATE RECORDED -BOOK PAGE DATE OF LEASE MONTHS FROM TO
CO*123 CO - 10/28/14 6 12/01/17 06/01/18
LEASE NUMBER
ORIGINAL LESSOR IDENTIFICATION OR LEASE SERIAL NUMBER
PAY EXACTLY
20.3059.000
WELD COUNTY
$588.00
PAY TO THE WELD COUNTY COLORADO
ORDER OF PO BOX 758
GREELEY, CO 80632
TO BE CREDITED TO
RENTAL AMOUNT
BANK CHARGE
WELD COUNTY COLORADO
TRACT
5864
T7N - R67W SEC 6: A STRIP OF LAND 30
FEET IN WIDTH OFF THE ENTIRE SOUTH
SIDE OF THE S/2SW/4
firinston
92512.0(1 , LI/11)2015
'�.ec€42-1' #0' Si51.3
$588.00
RECEIVED
OCT 052017
WELD COUNTY
COMMISSIONERS'
PAYEE: DETACH THIS STATEMENT BEFORE DEPOSITING
2017-3574
L.Eo1
EXTR CTION
Oil & Gas
370 17th Street, Suite 5300
Denver, CO 80202
720-481-2375
September 29, 2017
WELD COUNTY COLORADO
PO BOX 758
GREELEY, CO 80632
RE: Oil & Gas Lease (Lease Number 20.3059.000) - Extension Payment
To Whom It May Concern:
RECEIVED
OCT 052017
WELD COUNTY
COMMISSIONERS
Pursuant to the terms of your oil and gas lease, dated 10/28/2014, between WELD COUNTY
COLORADO and Extraction Oil and Gas, Inc. ("Extraction"), as Lessee, or successor in interest to
Lessee, Extraction is hereby exercising the option to extend the primary term of your lease an additional 6
months, thru 4/27/2018 as allowed for by the language in your lease. Enclosed you will find Extraction's
check number 31086 in the amount of $588.00 as total consideration for the lease extension.
Please sign this letter below acknowledging receipt of this payment and complete the enclosed IRS W-9
or you may be subject to additional withholding at year-end. If your above listed mailing address is
incorrect, please complete and return the enclosed Change of Address form. A prepaid envelope is
enclosed for your convenience.
Any questions can be directed to the undersigned by phone at 720-481-2375 or by email at
reidson@extractionog.com.
Sincerely,
EXTRACTION OIL AND GAS, INC.
Rachel Eidson
Extension Payment received this /eh day of ortga , 2017.
Signature: ...54" -
Printed Pctzo
ma,Wa
Please check box if the mailing address listed above is incorrect, and complete the enclosed
Change of Address Form.
RETAIN THIS COPY FOR YOUR RECORDS
Owner ID: 4317/20.3059.000
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