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HomeMy WebLinkAbout20171778HRM RESOURCES II, LLC 410 17th Street, Suite 1600, Denver, CO 80202 (303) 893-6621 - FAX (303)893-6892 Sent via Certified Mail #7014 3490 0001 4185 5585 April 25, 2017 Weld County Colorado Board of County Commissioners Attention: Ms. Karla Ford P.O. Box 758 Greeley, CO 80631 RECEIVED APR 27 2017 WELD COUNTY COMMISSIONERS Re: Consent to Assign Letter Pursuant to those certain agreements listed on Exhibit "A" (the "Agreement") Weld County, Colorado Dear Ms. Ford: In connection with the sale by HRM Resources II, LLC. ("Seller") to Extraction Oil & Gas, LLC ("Buyer"), whose address is 370 17th Street, Suite 5300, Denver, Colorado 80202, of certain oil and gas and related assets in Colorado, including the above referenced Agreement ("Agreement"), Seller desires to assign, convey and transfer to Buyer all of its rights in the Agreements and the oil and gas property burdened thereby or subject thereto. Pursuant to the Agreement, Seller hereby requests your consent to the assignment by Seller of its right, title, and interest in the Agreement listed on Exhibit A and the oil and gas property burdened thereby or subject thereto to Buyer, subject to the terms of the Agreement. By executing this Consent to Assign, Weld County Colorado, acting by and through the Board of County Commissioners of the County of Weld, as Lessor, does not ratify, re -new, extend, or confirm the validity of the subject Agreement. To the extent that all or portions of the Agreement have terminated, Weld County Colorado expressly does not waive any claim that any such Agreement or portion thereof is or has been terminated or is otherwise invalid. Seller and its successor hereby accept this Consent to Assign without any warranty of title or representation by Weld County Colorado that the subject Agreement is valid and in good standing. Please acknowledge your consent to and approval of the foregoing by signing and dating this letter agreement in the space provided below and returning an executed copy of this letter agreement to: 404 ee.s.fric.a) anda- 2017-1778 Cl ,a-ao/ 7 HRM Resources II, LLC 410 17th St., Suite 1600 Denver, CO 80202 Attention: Vince Bernal Should you have any questions, please contact any of the following: Vince Bernal 303-996-2681 vbernal@hrmres.com This letter agreement may be executed in counterparts, and in proving this letter agreement, a party must produce or account only for the executed counterpart of the party to be charged. HRM Resources II, LLC Name: Vince'Bernal Title: Landman ACCEPTED, AGREED AND ACKNOWLEDGED: WELD COUNTY COL RADO BOARD OF COUNTY COMMISSIONERS By: Name: Barbara Kirkmeyer Title: Acting Chair Pro-Tem Date: JUN 12 2017 020/7_ /77t(') 0-8130 feet W C O a in a) cc C O Cy H W to IV a O O O 0] 3L C O C. 6J V v cc d m U) C O O U Effective Date Lessee/Grantee Lessor/Grantor Agreement Type N O LL w m LU z N SD So .-I SD co co co O N O U n co a' N Garrett Resources Corp. Weld County Colorado Oil & Gas Lease N O CO -026-12-0003 Hello