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HomeMy WebLinkAbout20171892.tiffNADOA Model Form Division Order (Adopted 9/95) DIVISION ORDER To: Bonanza Creek Energy, Inc. 410 17th Street, Suite 1400 Denver, CO 80202 Attn: Erin Pettigrew Property Number: CO045182 Property Name: NORTH PLATTE 31-34HNC Operator: BONANZA CREEK ENERGY INC County and State: Weld County, Colorado Property Township 5 North, Range 63 West Description: Section 34: E2 Production: X Oil X Gas Date: January 26, 2017 Effective Date: October 1, 2015 DWI 05123--11 5 X Other: Owner Name and Address: WELD COUNTY BOARD OF COMMISSIONERS P O BOX 758 GREELEY, CO 80632-0758 OWNER NUMBER: 1041 Type of Interest: RI Decimal Interest: 0.10076250 The undersigned certifies the ownership of their decimal interest in production or proceeds as described above payable by Bonanza Creek Energy, Inc. (Payor). (Company Name) Payor shall be notified, in writing, of any change in ownership, decimal interest, or payment address. All such changes shall be effective the first day of the month following receipt of such notice. Payor is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Payor any amount attributable to an interest to which the undersigned is not entitled. Payor may accrue proceeds until the total amount equals $100.00, or pay yearly whichever occurs first, or as required by applicable state statute. This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or operator or any other contracts for the purchase of oil or gas. In addition to the terms and conditions of this Division Order, the undersigned and Payor may have certain statutory rights under the laws of the state in which the property is located. SIGNATUE: BOARD OF ATTEST . CLER BY: DEPUTY CLER TO THE BOAR 2017 Weld County Government 1150 "O" Street Greeley, CO 80634 Phone: 970-336-7204 Fax: 970-336-7233 Tax ID: 84-6000-813 2017-1892 (I) Federal Law requires you to furnish your Social Security or Taxpayer Identification Number. Failure to comply will result in 31 % tax withholding and will not be refundable by Payor EKP commit 4tcrida Lor?6,- /7 Retain this copy for your reco-ds l -/ e-e-c-te2 LEO° -3 LEOIT H LgDl10�Z January 26, 2017 WELD COUNTY BOARD OF COMMISSIONERS PO BOX 758 GREELEY CO 80632-0758 RE: CO045182 — NORTH PLATTE 31-34-34HNC E2W2-34-T5N-R63W WELD COUNTY, COLORADO Dear Weld County: BOflRflZR CREEK 410 17th Street, Suite 1400 Denver, CO 80202 (720) 440-6100 phone (720) 305-0804 fax Bonanzacrk.com CO045183 - NORTH PLATTE P31-T34-34HC CO045184 — NORTH PLATTE P31-T34-34HNB E2-34-TSN-R63W WELD COUNTY, COLORADO Enclosed please find division orders for the 3 wells referenced above. Please note that two of the wells (CO045183 & CO045184) are drilled on the same spacing unit. CO045182 160 acre spacing unit ' L" fl (1b LEO 1'3C - Leases recorded at reception #357217 #3883079 L'E03lC ,� Contribute 80.61 acres, 100% mineral interes 20% royalty rate 80.61 / 160 * 20% = 0.10076250 CO045183 & CO045184 - 320 acre spacing unit Leases recorded at reception #3572171, #3883077, #3883078 and #3883079 Contribute 123.94 acres, 100% mineral interest, 20% royalty rate 123.94 / 320 * 20% = 0.07746250 Contributes 3.25 acres, 25.5% mineral interest, 20% royalty rate 3.25 / 320 * 25.5% *20% = 0.00051797 0.07798047 RECEIVED JAN 3 0 2017 WELD COUNTY COMMISSIONERS The pertinent pages from the Title Opinion and Plats covering the subject lands are enclosed. Should you have any questions or need additional information, please contact the undersigned either by phone at 303-803-1725, or by email at EPettigrew@BonanzaCrk.com. Sincerely, Erin Pettigrew Division Order Supervisor /ep enclosures BEATTY & WOZNIAK, P.C. ATTORNEYS AT LAW 216 SIXTEENTH STREET, SUITE 1 100 DENVER, COLORADO 80202-51 15 TELEPHONE 303-407-4499 FAX 1-800-886-6566 www.bwenergylaw.com RYAN MCKEE 303-407-4449 RMCKEE@BWENERGYLAW.COM October 20, 2015 Bonanza Creek Energy, Inc. Attention: Alexander Newell 410 17th Street, Suite 1500 Denver, CO 80202 COLORADO NEW MEXICO NORTH DAKOTA UTAH WYOMING Re: Updated Drilling and Division Order Title Opinion Section 33: E/2E/2, Section 34: All, Township 5 North, Range 63 West, 6th P.M. Weld County, Colorado Our File No.: 3017.0042 Ladies and Gentlemen: Pursuant to Bonanza Creek Energy, Inc.'s ("Bonanza Creek") request, we have examined the materials listed below and based upon that information we submit this Updated Drilling and Division Order Title Opinion ("Opinion") covering the following described lands and wells ("Subject Lands" or "Subject Section" and "Subject Wells"): LANDS COVERED BY TITLE OPINION Township 5 North, Range 63 West, 6th P.M. Section 33: E/2E/2 Section 34: All Weld County, Colorado containing 795.94 acres, more or less WELLS COVERED BY TITLE OPINION North Platte E14-A11-34HNC North Platte 14-11-34HNB North Platte J 14-F 11-34HNC North Platte J-F-34HNB North Platte J-F-34HC North Platte E-A-34HNB North Platte E-A-34HC North Platte 14-11-34HC North Platte 21-24-34HNB North Platte K21-O24-34HC North Platte K21-O24-34HNC North Platte K31-O34-34HNB North Platte 31-34-34HNC North Platte P31-T34-34HNB North Platte P31-T34-34HC BEATTY & WOZNIAK, P.C. Bonanza Creek Energy, Inc. E/2E/2 of Section 33, All of Section 34, T5N, R63W, 6th P.M. — 3017.0042 October 20, 2015 Page 150 of 286 VI. OWNERSHIP OF OIL AND GAS, AND THE PROCEEDS FROM THE SALE OF OIL AND GAS, AS TO THE NORTH PLATTE 31-34-34HNC LOCATED WITHIN A UNIT COMPRISED OF THE W/2E/2 OF SECTION 34, TOWNSHIP 5 NORTH, RANGE 63 WEST, 6TH P.M.: The total proceeds of production from the subject spacing unit have been apportioned in our Division of Interest according to each Tract's participation factor ("PF"), as follows:99 Tract 1: Tract 2: Tract 33: As to Oil Production Owner 0.50000000 0.49618750 0.00381250 Bonanza Creek Energy Operating Company LLC Tract 1 (1.00 WI x 0.80 NRI OGL x 0.50 PF) Tract 2 (0.49 WI x 0.85 NRI OGL x 0.49618750 PF) + (0.2550 WI x 0.80 NRI OGL x 0.49618750 PF) + (0.2550 WI x 0.8750 NRI OGL x 0.49618750 PF) Tract 33 (1.00 WI x 0.80 NRI OGL x 0.00381250 PF) Weld County, Colorado 100 Tract 1 (1.00 WI x 0.20 LOR x 0.50 PF) Tract 33 (1.00 WI x 0.20 LOR x 0.00381250 PF) The Rex Monahan Family Trust, dated June 16, 1979, Doris Monahan as Trustee Tract 2 (0.49 MI x 0.15 LOR x 0.49618750 PF) 99 See Prior Comment and Requirement No. 2. 100 See Prior Comment and Requirement No. 26. (80.00 acres/160.00 acres) (79.39 acres/160.00 acres) (0.61 acres/ 160.00 acres) Working Interest 1.00000000 Net Revenue Interest Lease Type No. 0.82164618 WI 18, 20, 22, 38, 57 0.10076250 0.03646978 RI 22, 38 RI 20 BEATTY & WOZNIAK, P.C. Bonanza Creek Energy, Inc. E/2E/2 of Section 33, All of Section 34, T5N, R63W, 6th P.M. - 3017.0042 October 20, 2015 Page 139 of 286 V. OWNERSHIP OF OIL AND GAS, AND THE PROCEEDS FROM THE SALE OF OIL AND GAS, AS TO THE NORTH PLATTE P31-T34-34HNB AND THE NORTH PLATTE P31-T34-34HC WELLS LOCATED WITHIN A UNIT COMPRISED OF THE E/2 OF SECTION 34, TOWNSHIP 5 NORTH, RANGE 63 WEST, 6TH P.M.: The total proceeds of production from the subject spacing unit have been apportioned in our Division of Interest according to each Tract's participation factor ("PF"), as follows88: Tract 1: Tract 2: Tract 30: Tract 31: Tract 32: 0.37265625 0.51946875 0.01015625 0.00943750 0.00928125 Tract 33: 0.00537500 Tract 16: Tract 17: Tract 18: Tract 19: 0.00381250 0.00328125 0.00346875 0.00453125 As to Oil Production Owner (119.25 acres/320.00 acres) (166.23 acres/320.00 acres) (3.25 acres/320.00 acres) (3.02 acres/320.00 acres) (2.97 acres/320.00 acres) (1.72 acres/320.00 acres) (1.22 acres/320.00 acres) (1.05 acres/320.00 acres) (1.11 acres/320.00 acres) (1.45 acres/320.00 acres) Eralio Rico Tract 17 (0.2550 UMI x 0.00328125 PF) Colorado Housing and Finance Authority89 Tract 19 (0.2550 UMI x 0.00453125 PF) 88 See Prior Comment and Requirement No. 2. 89 See Prior Comment and Requirement No. 7. Tract 20: Tract 21: Tract 22: Tract 23: Tract 24: 0.00346875 0.00359375 0.00440625 0.00356250 0.00459375 Tract 25: 0.00359375 Tract 26: Tract 27: Tract 28: 0.00365625 0.00365625 0.00581250 Tract 29: 0.02218750 (1.11 acres/320.00 acres) (1.15 acres/320.00 acres) (1.41 acres/320.00 acres) (1.14 acres/320.00 acres) (1.47 acres/320.00 acres) (1.15 acres/320.00 acres) (1.17 acres/320.00 acres) (1.17 acres/320.00 acres) (1.86 acres/320.00 acres) (7.10 acres/320.00 acres) Working Net Revenue Interest Interest 0.00083672 0.00083672 0.00115547 0.00115547 Lease Type No. UMI N/A UMI N/A BEATTY & WOZNIAK, P.C. Bonanza Creek Energy, Inc. E/2E/2 of Section 33, All of Section 34, T5N, R63W, 6th P.M. - 3017.0042 October 20, 2015 Page 140 of 286 Working Net Revenue Lease Owner Interest Interest Type No. Alexander Basulto Aguero 0.00088453 0.00088453 UMI N/A Tract 20 (0.2550 UMI x 0.00346875 PF) Gary DeJohn 0.00090844 0.00090844 UMI N/A Tract 23 (0.2550 UMI x 0.00356250 PF) Federal National Mortgage Association 0.00093234 0.00093234 UMI N/A Tract 26 (0.2550 UMI x 0.00365625 PF) Bonanza Creek Energy Operating Company 0.99528250 0.82175765 WI 18, 20, LLC 22, 30 - Tracts 1-2, 16-33 34, 36 - See Exhibit D for Ownership Calculations 39, 57, 61, 63 Weld County, Colorado90 0.07798047 RI 22, Tract 1 3 6-3 8 (1.00 MI x 0.20 LOR x 0.37265625 PF) Tract 30 (0.2550 MI x 0.20 LOR x 0.01015625 PF) Tract 32 (1.00 MI x 0.20 LOR x 0.00928125 PF) Tract 33 (1.00 MI x 0.20 LOR x 0.00537500 PF) 90 See Prior Comment and Requirement No. 26. BEATTY & WOZNIAK, P.C. Bonanza Creek Energy, Inc. E/2E/2 of Section 33, All of Section 34, T5N, R63W, 6th P.M. - 3017.0042 October 20, 2015 EXHIBIT E SECTION 33: E/2E/2 34 40 BEATTY & WOZNIAK, P.C. N 0 0 n ▪ 1/40 1/40 c:4 M C 0 U V) • 4'" • O s M • M W ..e •to 0 V C4 CC 4.+ N OCV E W 0 CO • w 0 N/2NE/4, SW/4NE/4, NW/4SE/4 f K F 2 NY' €O S: ee i u. b 9, I a It j s I ;in: 43'14 • 8, o .o •a, F. 'lag a: C co 4.s H U es '0 U U a c U .c tt3 •— 0. W ▪ O 4.0 '� 4r U O • C • t es .0 H 1713 CL v)_ O Ri • � U • U t'r � b wn H C c U € (▪ 44 tt aJ H Y 3a C u °c, �bO U •E }, U O U C C IL O U • 4• 2z ._ •E 0'C E O 4) • ILI .G Ccac • O +r COcto U CL. •o BEATTY & WOZNIAK, P.C. in O N O N a) O 4- U O o' 'o z C/D di D C dfih r:z2is.*c d y .. z o 0.74 1 T*tY D. MOODY 1 I 1A1 I NARY& MARY CUTTER 5< l 5 I- Y " I.11* BILL 7 MA £ IAWOW 77KNVSOr S r r ri n. - in .:.~.. u n J 4 Ji J e_.dd� J 7r i i .47: �. 03a C a, v N a) ¢„ on ct U t tC p.. 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I MIT I GIS [ Doc L COA 'J Wellbore Surface Location Data for API # 05-123-41765 Status: PR Well Name/No: North Platte #31-34-34HNC (click well name for production) Operator: BONANZA CREEK ENERGY OPERATING COMPANY LLC - 8960 Status Date: 11/1/2015 Federal or State Lease #: FacilitylD: 442272 LocationiD: County: WELD #123 Location: Field: WATTENBERG - #90750 Elevation: Planned Location 1188 FSL 2492 FWL Lat/Long: 40.36648/-104.42233 em.Focus Job Date: Frac Focus Job End Date: Chemical Disclosure Registry Wellbore Data for Sidetrack #00 Spud Date: 8/27/2015 Wellbore Permit Permit #: Prop Depth/Form: Mineral Owner: Unit: Formation and Spacing: Casing: Cement: Casing: Cement: Casing: Cement: Wellbore Completed Completion Date: Measured TD: True Vertical TD: Top PZ Location: Bottom Hole Location: Formation 10/20/2015 10/22/2015 Orders 11/1/2015 441915 SESW 27 5N63W 6 PM 4,541 ft. Lat/Long Source: Field Measured Reported: 10/30/2015 Days to report: 8 Spud Date is: HORIZONTAL Expiration Date: 11189 Surface Mineral Owner Same: FEE Surface Owner: FEE Unit Number: Code: NBRR , Formation: NIOBRARA , Order: , Unit Acreage: 158, Drill Unit: GWA String Type: SURF , Hole Size: 13.5, Size: 9.625, Top: 0, Depth: 1640, Weight: 36 Sacks: 800, Top: 0, Bottom: 1640, Method Grade: String Type: 1ST , Hole Size: 8.75, Size: 7, Top: 0, Depth: 6919, Weight: 26 Sacks: 500, Top: 2500, Bottom: 6919, Method Grade: String Type: 1ST LINER , Hole Size: 6.125, Size: 4.5, Top: 6819, Depth: 11189, Weight: 11.6 Sacks: , Top: , Bottom: , Method Grade: N/A Sec: 34 Twp: 5N 63W Sec: 34 Twp: 5N 63W Log Top Status: PR 11/1/2015 ACTUAL 6/29/2017 5:07:51 PM Measured PB depth: True Vertical PB depth: Footage: 531 FFNLL 2076 FFELL Depth Footages: 470 FFSLL 2018 FFELL Depth Completed information for formation N-COM 1st Production Date: N/A Status Date: 11/1/2015 Commingled: Formation Name: Tubing Size: Tubing Packer Depth: Open Hole Top: No Initial Test Data was found for formation N-COM . No Perforation Data was found for formation N-COM . NOT COMPLETED Log Bottom Choke Size: Open Hole Completion: Production Method: Status: Tubing Setting Depth: Tubing Multiple Packer: Open Hole Bottom: Cored DSTs Status: PR 11/1/2015 PR http://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=12341765&type=WELL 6/8/2017 COUNTY ATTORNEY STAFF APPROVAL This is to affirm the attached Division Order and authorization to receive payment for an oil and gas well has been reviewed by the County Attorney's staff as to form and legal description. Well Name(s): North Platte 31-34-34HNC File Location(s): LE0170-1 LE0170-2 LE0310-3 BY:2 DATE: Bruce Barker - County Attorney //(-7H)7 NOTES: 80.61 mineral acres/ 160 acres spacing unit * 20% = .1007625 MATCH Hello