HomeMy WebLinkAbout20173578.tiffRESOLUTION
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN
PROPERTY OWNED BY WELD COUNTY, COLORADO - N1/2, SW114,
S27, T7N, 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, Crescent Point Energy U.S. Corp. submitted a request to extend the lease of
480 net mineral acres, more or less, described to -wit:
N1/2, SW1/4 Section 23, Township 7 North, Range
63 West of the 6th P.M., Weld County, Colorado,
and
WHEREAS, Weld County desires to approve the request submitted by Crescent Point
Energy U.S. Corp., to extend the lease on the above -described mineral acreage for $210.00 per
net mineral acre, for a total sum of $100,800.00, together with a rental fee of two dollars and
50/100 ($2.50) per net mineral acre, which is to run for a period of six (6) months, commencing
at twelve o'clock noon on October 27, 2017, and ending at twelve o'clock noon on April 27, 2018.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the request submitted by Crescent Point Energy U.S. Corp., to extend the
lease on the above -described mineral acreage for $210.00 per net mineral acre, for a total sum
of $100,800.00, together with a rental fee of two dollars and 50/100 ($2.50) per net mineral acres,
which is to run for a period of six (6) months, commencing at twelve o'clock noon on
October 27, 2017, and ending at twelve o'clock noon on April 27, 2018, be, and hereby is, granted
and approved.
4348852 Pages: 1 of 2
11/01/2017 01:38 PM R Fee:$0.00
Carly Koppes. Clerk and Recorder, Weld County, CO
IIIIKlink 0411:l II III
2017-3578
LE0289
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY
OWNED BY WELD COUNTY, COLORADO - N1/2, SW114, S27, T7N, R63W
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: dirdw��
Weld County Clerk to the Board
Date of signature: tO131( ► 1
ounty A torney
4348852 Pages: 2 of 2
11/01/2017 01:38 PM R Fee:$0.00
Carly Koppes; Clerk and Recorder, Weld County; CO
Julie A. Cozad, Chair
-AAA-42-
Steve Moreno, Pro -Tern
Sean P. Conway
Barbara Kirkmeyer
2017-3578
LE0289
August 30`h, 2017
Board of Weld County
c/o Board of County Commissioners
1150 O Street
Greeley, CO 80632
RE: Payments DUE in 10/2017
Weld County, CO
Ladies and Gentlemen:
(,)
Crescent Point
ENERGY U S CORP
* Sent via FedEx Overnight Delivery *
RECEIVED
AUG 3 1 2017
'vi'EL D COUNTY
COMMISSIONERS
Enclosed please find attached four (4) Crescent Point Energy checks which represent the annual rental
payments for Weld County Large -Tract Oil and Gas Leases that have a due date in October 2017, as well
as the 6 -month extension available for the following leases:
CP Lease #CO0041.0005 paid with check #00700877 in the amount of $34,40
For Oil and Gas Lease located in: LEA, 0 —
T R63W Sec 23: SE
\- A MOD
Record-: on 11/04/2014 at #4059048
Rental = $40i .0 4ce3CY— vp J (OD —
Extension = $34,..,.00
2. CP Lease #CO0041.0006 p.. with check #007 p878 in the amount of $34,400.00
For Oil and Gas Lease located i
T7N R63W Sec 23: SW
Recorded on 11/04/2014 at #405
Rental = $400.00
Extension = $34,000.00
O
9 rt,\
3. CP Lease #CO004 •008 said with check #00700880 in the : ount of $34,400.00
For Oil and Ga ease located in:
T7N R63W ec 24: SE i - \ . pq
Record-: on 11/04/2014 at #4059051 on
Re .l = $400.00'
tension = $34,000.00
4. CP Lease #CO0041.0007 paid with check #00700879 in the amount of $120,000.00
For Oil and Gas Lease located in: �.
T7N R63W Sec 27: N2, SW
C1 \00,0
2017-3578
Recorded on 11/04/2014 at #4059050
Rental = $1200.00
Extension = $100,800.00
Crescent Point
3 0 0 R P
Please indicate your receipt of said payments by signing the enclosed check copies and returning to the
undersigned in the stamped, self-addressed envelope that has been provided for your convenience.
Should you have any questions, or find that anything is not accurate, please notify me at
tsarantinos@crescentpointenergy.com or 303-382-6780 and we will gladly correct any issues
immediately.
Sincerely,
try, _
Trffarry Sarantinos
Senior Lease Analyst
(j)
Crescent Point
Crescent Point
Energy U.S. Corp.
Suite 1800, 555 - 17th Street
Denver, Colorado, USA
80202
DATE
22 Aug 2017
CHEQUE NUMBER
00700879
OWNER BOARD WELD CTY COMMISSIONERS OWNER NUMBER
LEASE NUMBER C00041.0007
000041.0007 BOARD WELD CTY COMMISSIONERS
LCRESCENT POINT ENERG** DR DELAY RENTAL
RENTAL DUE 10/27/2017 = $1200.00
EXT PAYMT_= $102,000.00
BOARD OF COUNTY COMMISIONERS
OF THE COUNTY OF WELD
1150 0 STREET
PO BOX 758
GREELEY, COLORADO 80632
TRACT
26799
T7N R63W SEC 27 N2, SW
Rental Period: From 27 Oct 2017
To 27 Oct 2018
**
$102,000.00
*402* P5.I
TOTAL * ***$102,000.00
REMITTANCE STATEMENT DETACH BEFORE DEPOSITING
Hello