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HomeMy WebLinkAbout20173661.tiffNADOA Model Form Division Order (Adopted 9/95) DIVISION ORDER To: PDC Energy, Inc Date: September 22, 2017 1775 Sherman Street, Suite 3000 Denver, CO 80203 Attn: Morgan McCabe (303) 318-6192 or Morgan.McCabe@pdce.com Property Number: 105.101285 Property Name: Klein 19N-312 NB Operator: PDC Energy, Inc County and State: Weld, Colorado Property Township 5 North, Range 64 West Effective Date: March 18, 2017 APIA; cf -1 h - LIOIL-11 Description: Section 19: NWNE (SPACING - SEC 19: N2NE; SEC 20: N2N2; SEC 21: N2NW, NWNE - 364.1949 ACRES) Production: X Oil X Gas X Other: all products Owner Name and Address: Weld County Board of Comm PO Box 758 Greeley, CO 80632-0758 OWNER NUMBER: 43444 Type of Interest: RI Decimal Interest: 0.00777542 The undersigned certifies the ownership of their decimal interest in production or proceeds as described above payable by PDC Energy, Inc. (Payor). 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 $50.00, 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. Special Clauses: (None or See Attached Exhibi SIGNATUR BOARD OFffs=11V ATTES CLE BY: DEP CLER TO THE B •HERS, CHAI6 0 Fa 'n4 ID unty Government Street O 80634 -336-7204 36-7233 -6000-813 2017-3661 (I ) Federal Law requires you to furnish your Social Security or Taxpayer Identification Number. Failure to comply will result in 28 % tax withholding and will not be refundable by Payor LMH 4,24egd-40/174/0 /D/Z3 Retain this co , y for y i ur)cords LW2 (D) LE,0388 020-17 UL/ LF. ' 1 Exhibit A 105.101285 - Klein 19N-312 NB Owner No. Credit To Type Interest 43444 Weld County Board of Comm (0.5612* 100%/364.1949* 18.5%)+(0.767* 100%/364.1949* 18.5%)+(0.48 64* 100%/364.1949* 18.5%)+(0.3743* 100%/364.1949* 18.5%)+(0.5799* 1 00%/364.1949*18.5%)+(4.6503*100%/364.1949*18.5%)+(2.9713*100°/0/ 364.1949* 18.5%)+(0.5612* 100%/364.1949* 18.5%)+(0.5612* 100%/364. 1949* 18.5%)+(0.1871 * 100%/364.1949* 18.5 %)+(0.7859* 100%/364.1949 *18.5%)+(0.1871 *100%/364.1949*18.5%)+(1.4033*100%/364.1949*18. 5%)+(0.9136*100%/364.1949*18.5%)+(0.3171*100%/364.1949*18.5%) = RI 0.00777542 « Your Interest THIRD SUPPLEMENTAL DIVISION OF INTEREST 9/28/17 2:11 PM C L O C/) • bA . Q imt r.+ y C/) O I L � c a� Ct an o Ct C cc: Z Itt fl. .- C Cu C C 3 0 o F- L C o 7 5- rr c° i as 4 72 4. 0 Z C. r .r 4 +-• 7 s N 'fl Ctl z ' '• imoi G N `n S C Cl) O CO L r.., y V-.., CA N .0 Z .. Z N z C O v i C bA C u C Cn Well Name: Klein 19N-312 Formations:Niobrara C Tract Acres I N O [ - CC N- O 0.3743 ON C' r-- in O r, c in C 4 M N Cl CC in O C in 00 I� O —. N- 00 ^ O �, re- , 0 C✓ re, 364.1949 'C oc O -- N- 00 •-- I— C in O C in .^. •-- I— C' H — re-, .^_. C .^_. — O - V L C' I re, O` ^ [� x .7` O 4— I — , -- .-- , ., -= I or rt N (-Ni 'I' N N N Tt Cl '7 N N N N N rt. N .1- rV 'tN fV Total Tract Description 121: Lots 9, 10, 11, 12, 13 and 14, Block 1, ('lark and Hill's Addition to the Town of Kersey 21: Lots 1, 2, 3 and 4, Block 2, (lark and Hill's Addition to the Town of Kerse). 21: Lots 7, 8, 9 and 10, Block 2, ('lark and Llill's Addition to the Town of Kersey 21: Lots 28, 29, 30, 31 and 32, Block 4, ('lark and Hill's Addition to the Town of Kersey 21: Lots l through 19, 28 through 48 and 50 through 54, Block 14, (lark and Hill's 2nd Addition to the Town of Kersey 21: Lots l through 24 and 44 through 49, Block 15, Clark and Hill's 2nd ;Addition to the Town of Kersey 21: Lots 7, 8, 9, 10, 11, and 12, Block 16, ('lark and Hill's 2nd Addition to the Town of Kersey 21: Lots 16, 17, 18, 19, 20, and 21, Block 16, (lark and Hill's 2nd Addition to the Town of Kersey 21: Lots 22 and 23, Block 16, ('lark and Hill's 2nd Addition to the Town of Kersey 21: Lots 24, 25, 26, 27, 28, and 29, Block 16, Clark and Hill's 2nd Addition to the Town of Kersey 21: Lots 30 and 31, Block 16, ('lark and Hill's 2nd ;Addition to the Town of Kersey 121: Lots 32 through 45, and 46, Block 16, (lark and Hill's 2nd :Addition to the Town of Kerse) 21: Lots 47 through 54, Block 16, ('lark and Hill's 2nd Addition to the Town of Kersey 21: Lots 1 and 2, Block 2, Town of Kersey Subdivision he Town of -a C) -c C O C 2 TOT" LOI OV "Iran I M a+ L v tr .C muso Tract Acres Lease Royalty Lease Mineral Interest (Mineral Interest x Lease Royait> x 1 Tract Acres % Unit Acres) ! , I lie cin ar Tract 11. ("LOR") R") c4 J ce J ce J ce ce i-J c4 —1 CG ..] cG . ce .-J ce .2 ce .- ce rl cG r oG J .-J N 'mot In r--- r-- t-- 0 O O [� O in 00 N O O a O \O QT 00 M O O a O 00 O t� M ^- N 'n 'ct OT N O O a d ^- N N \.O en N O a O M en C", O In - [� O in 00 N O O a O [- O to 00 N O O a O 00 O O in O\ O O O a O 7.00039921 O in O� O O O a O O 7r C N O O a O 0.00071 -- O O a O O O a O O a d \O N r-- a 00 O O O O In \O O O ct O O o d -• en -- O QT \O O M O• O - O O O 0.0002850726 \O N O In 00 0 O O O N ^' ^' -- O 70038961 0.00236221 O WI CT 0 O O O 139921 O in CT 0 O O O 7.000294 4 CO 0.00071 O O O O 0 O O O CT CT 364.1949 364.1949 364.1949 364.1949 l9 364.194 O` 364.194 364.194 364.1 364.1 364.1 364.1 en 364.1 M N O \O N O CT ON N vn O en O in \O 4 2.9713 N— N — \JO in O N 00 --- O In 00 N d N 00 — d Men O 'e -- — ON O •71-`O 00 d' O \O In O 7Li'0 \O In O \o 0 O OOOOOOOOOOOOOO O 00a00000000000 O � . 00 \o 0 O O o in . 00 \ 0 O O O O In . 00 \o O O O O O in . 00 \o 0 O O O O In . 00 \o 0 O O O O In . 00 \o 0 O O O O in . 00 \° 0 O O O O In . 00 \ 0 O O O O in . 00 \o 0 O O O O t . 00 \ 0 O O O O in . 00 \ 0 O O O O 'n . 00 \o 0 O O O O in . 00 0 O O O O tn . 00 \o 0 OOOOOOOOOOOOOO OOOOOOOOOOOOOO O O O O . O O \ 0 O O O o . O o \ 0 O O O O . O a \o 0 O O O O . O O \ 0 O O O O . O a \o 0 O O O O . O o \o 0 O O O O . O a \o 0 O O O O . O a \o 0 O O O O . O o a 0 O O O O . O O \o 0 O O O O . o O \ 0 O O O O . O O \o 0 O O O O . O O \o 0 O O o O . o O k 4172360 4172360 4172360 4172360 4172360 172359 4172360 4172361 4172361 4172361 I4172361 4172361 4172361 4172361 4172360 1- Leased to PDC Leased to PDC 1- Leased to PDC 1- Leased to PDC 1- Leased to PDC Unleased - Leased to PDC Leased to PDC Unleased - Leased to PDC Leased to PDC Leased to PDC Leased to PDC Leased to PDC Unleased - Leased to PDC Unleased - Leased Unleased - Leased cY Q et N O� d -- en ce OT L , N —.• �. •-- i C7 , N I = 4 i N 00 O, i _ m _ '. _ , N _ = z .1' N ,- N i N te N ge N N N N at N N N Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado Weld County, Colorado LAW FIR M Pc Joshua S. Davis josh.davis@hoveylawfirm.com PDC Energy, Inc. 1775 Sherman St., Suite 3000 Denver, CO 80203 Attn: J. Tyler Sims June 8, 2017 Third Supplemental Drilling and Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, I9N-202, 19N-302, and 19N-432 Wells Attorney File # 2156B LANDS COVERED BY OPINION: Township 5 North, Range 64 West, 6th P.M. Section 16: SW/4SE/4, S/2SW/4 Section 17: S/2S/2 Section 18: S/2SE/4 Section 19: NE/4 Section 20: N/2 Section 21: W/2NE/4, NW/4 Weld County, Colorado Containing 1,089.6096 acres, more or less "Captioned Lands" Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 16 TRACTS The lands covered by this Opinion (the "Unit Area") have been divided into the separate Tracts described below. The "Tract Factor" set forth for each of the described Tracts identifies the proportion that the total number of acres within such Tract bears to the total number of acres within the Unit Area. Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, I9N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 32 Tract 21E Description Township 5 North, Range 64 West, 6th P.M. Section 20: That part of the SE/4NE/4 more particularly described as follows: Beginning at a point 231 feet North of the centerline of the Union Pacific Railroad Company right-of-way and 30 feet West of the East line of the Northeast Quarter (NE/4); thence North 125 feet; thence West 125 feet; thence South 125 feet; thence East 125 feet to Tract Factor Lease 0.3705/1,089.6096 114 Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 44 QUARTER -QUARTER 24: NW/4NW/4 OF SECTION 21 Tract 24A Description Township 5 North, Range 64 West, 6th P.M. Section 21: Block 1, Clark and Hill's Addition to the Town of Kersey, as shown on plat recorded at Reception No. 95715 on March 13, 1904 Weld County, Colorado Tract Factor Lease 3.3556/1,089.6096 Unleased Included within the above Tract are the following individual parcels: Parcel Factor Lease 4. Lots 9, 10, 11, 12, 13 and 14 9. Lots 26, 27, 28, 29, 30, 31 and 32 Tract 24B Description Township 5 North, Range 64 West, 6th P.M. Section 21: Block 2, Clark and Hill's Addition to the Town of Kersey, as shown on plat recorded at Reception No. 95715 on March 13, 1904 Weld County, Colorado 0.5612/3.3556 Unleased 0.7670/3.3556 Unleased Tract Factor Lease 3.3587/1,089.6096 Unleased Included within the above Tract are the following individual parcels: Parcel Factor Lease 1. Lots 1, 2, 3 and 4 0.4864/3.3587 Unleased 3. Lots 7, 8, 9 and 10 0.3743/3.3587 Unleased Third Supplemental Drilling & Division Order Title Opinion Klein I9M-402, 19M-232, I9N-312, I9N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 45 Tract 24D Description Tract Factor Lease Township 5 North, Range 64 West, 6th P.M. 3.3646/1,089.6096 Unleased Section 21: Block 4, Clark and Hill's Addition to the Town of Kersey, as shown on plat recorded at Reception No. 95715 on March 13, 1904 Weld County, Colorado Included within the above Tract are the following individual parcels: Parcel Factor Lease Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, I9N-202, 19N-302 and I9N-432 Wells Weld County, CO June 8, 2017 Page 46 9. Lots 28, 29, 30, 31 and 32 0.5799/3.3646 Unleased Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, I9M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 47 Tract 24F Description Tract Factor Lease Township 5 North, Range 64 West, 6th P.M. 5.6045/1.089.6096 Unleased Section 21: Block 14, Clark and Hill's 2nd Addition to the Town of Kersey, as shown on plat recorded at Reception No. 108092 on January 29, 1906 Weld County, Colorado Included within the above Tract are the following individual parcels: Parcel Factor Lease 1. Lots 1 through 19, 28 through 48 and 50 through 54 4.6503/5.6045 Unleased Tract 24G Description Tract Factor Lease Township 5 North, Range 64 West, 6th P.M. 5.6057/1,089.6096 Unleased Section 21: Block 15, Clark and Hill's 2nd Addition to the Town of Kersey, as shown on plat recorded at Reception No. 108092 on January 29, 1906 Weld County, Colorado Included within the above Tract are the following individual parcels: Parcel Factor Lease 1. Lots 1 through 24 and 44 through 49 2.9713/5.6057 Unleased Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, I9N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 48 Tract 24H Description Township 5 North, Range 64 West, 6th P.M. Section 21: Block 16, Clark and Hill's 2nd Addition to the Town of Kersey, as shown on plat recorded at Reception No. 108092 on January 29, 1906 Weld County, Colorado Tract Factor 5.6069/1,089.6096 Lease Unleased Included within the above Tract are the following individual parcels: Parcel Factor Lease 4. Lots 7,8,9, 10, 11, and 12 6. Lots 16, 17, 18, 19, 20, and 21 7. Lots 22 and 23 8. Lots 24, 25, 26, 27, 28, and 29 9. Lots 30 and 31 10. Lots 32 through 45, and 46 11. Lots 47 through 54 0.5612/5.6069 Unleased 0.5612/5.6069 Unleased 0.1871/5.6069 Unleased 0.7859/5.6069 Unleased 0.1871/5.6069 Unleased 1.4033/5.6069 Unleased 0.9136/5.6069 Unleased Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, I9N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 49 Tract 24J Description Tract Factor Lease Township 5 North, Range 64 West, 6th P.M. 0.9362/1,089.6096 Unleased Section 21: That portion of Block 2, Town of Kersey Subdivision (formerly known as Orr), dated effective November 15, 1894, recorded at Reception No. 53859, located in the NW/4NW/4 Weld County, Colorado Included within the above Tract are the following individual parcels: Parcel Factor Lease 1. Lots 1 and 2 0.3171/0.9362 Unleased Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, I9M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 53 Tract 25E Description Township 5 North, Range 64 West, 6th P.M. Section 21: Block 5, Town of Kersey Subdivision (formerly known as Orr), as shown on plat recorded at Reception No. 53859 on November 22, 1894 Weld County, Colorado Tract Factor Lease 4.8528/1,089.6096 Unleased, 17, 56,58, 60 through 62, 114 Included within the above Tract are the following individual parcels: Parcel Factor Lease Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 54 4. Lots 12, 13, 14, and the North eight (8) inches 0.2850/4.8528 114 of Lot 15 5B. The South 24.4 feet of Lot 17 Tract 25F Description Township 5 North, Range 64 West, 6th P.M. Section 21: Block 6, Town of Kersey Subdivision (formerly known as Orr), as shown on plat recorded at Reception No. 53859 on November 22, 1894 Weld County, Colorado 0.0918/4.8528 114 Tract Factor Lease 4.8517/1,089.6096 Unleased, 63, 64, 68, 114 Included within the above Tract are the following individual parcels: Parcel Factor Lease 3. Lots 7 through 25, 30 through 35 and 38 through 48 3.6089/4.8517 114 Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 55 Tract 25H Description Township 5 North, Range 64 West, 6th P.M. Section 21: Block 8, Town of Kersey Subdivision (formerly known as Orr), as shown on plat recorded at Reception No. 53859 on November 22, 1894 Weld County, Colorado Tract Factor Lease 5.2799/1,089.6096 Unleased, 17, 78 through 87, 114 Included within the above Tract are the following individual parcels: Parcel Factor Lease Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, I9N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 56 10. Lots 24 and 25 0.4348/5.2799 114 Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, I9M-232, 19N-312, 19N-202, 19N-302 and I9N-432 Wells Weld County, CO June 8, 2017 Page 61 OWNERSHIP Based on an examination of the above described Title Materials and subject to the Exceptions, Comments and Requirements set forth herein below, as of the Certification Dates summarized below in Requirement No. 56, title to the Captioned Lands was owned and encumbered as follows: Third Supplemental Drilling & Division Order Title Opinion Klein I9M-402, 19M-232, I9N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 121 OWNERSHIP INTERESTS IN TRACT 21E (Metes and Bounds Parcel Located in the SE/4NE/4 of Section 20) SURFACE: Owner Weld County, Colorado Interest 100.000000% Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 122 MINERAL INTERESTS & ROYALTY: Owner Weld County, Colorado OVERRIDING ROYALTY INTERESTS: None LEASEHOLD WORKING INTERESTS: Owner Incline Niobrara Partners, LP (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Lease WI Mineral Interest 100.000000% Lease Mineral Interest 100.000000% 100.000000% Royalty Interest Lease 18.500000% 114 Lease NRI Lease 82.000000% 114 COMBINED OIL AND GAS LEASEHOLD OWNERSHIP INTERESTS FOR TRACT 21E Par Weld County, Colorado Incline Niobrara Partners, LP Total TRACT WI/NRI Ikg Type of Interest WI LOR 0.000000% W UN R I 100.000000% 100.000000% NRI 0.18500000 0.81500000 1.00000000% Lease 114 114 Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, 19N-202, I9N-302 and I9N-432 Wells Weld County, CO June 8, 2017 Page 159 OWNERSHIP INTERESTS IN TRACT 24A (Block 1 of Clark and Hill's Addition to the Town of Kersey) SURFACE: See Requirement No. 9 MINERAL INTERESTS & ROYALTY: (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Tract Parcel 24A-4 Lots 9, 10, 11, 12, 13 and 14, Block 1 Owner Weld County, Colorado 24A-9 Lots 26, 27, 28, 29, Weld County, 30, 31 and 32, Block Colorado 1 Mineral Royalty Interest Interest Lease 100.000000% N/A Unleased 100.000000% N/A Unleased Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, I9M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 160 OWNERSHIP INTERESTS IN TRACT 24B (Block 2 of Clark and Hill's Addition to the Town of Kersey) SURFACE: See Requirement No. 9 MINERAL INTERESTS & ROYALTY: (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Tract Parcel Owner 24B-1 Lots 1, 2, 3 and 4, Weld County, Block 2 Colorado 24B-3 Lots 7, 8, 9 and 10, Weld County, Block 2 Colorado Mineral Royalty Interest Interest Lease 100.000000% N/A Unleased 100.000000% N/A Unleased Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, I9N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 162 OWNERSHIP INTERESTS IN TRACT 24D (Block 4 of Clark and Hill's Addition to the Town of Kersey) SURFACE: See Requirement No. 9 Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 163 MINERAL INTERESTS & ROYALTY: (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Tract Parcel Owner 24D-9 Lots 28, 29, 30, Weld County, 31and 32, Block 4 Colorado Mineral Royalty Interest Interest Lease 100.000000% N/A Unleased Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, I9M-232, 19N-312, 19N-202, I9N-302 and I9N-432 Wells Weld County, CO June 8, 2017 Page 166 OWNERSHIP INTERESTS IN TRACT 24F (Block 14 of Clark and Hill's Second Addition to the Town of Kersey) SURFACE: See Requirement No. 9 MINERAL INTERESTS & ROYALTY: (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Tract Parcel Owner 24F-1 Lots 1 through 19, Weld County, 28 through 48 and Colorado 50 through 54, Block 14 Mineral Royalty Interest Interest Lease 100.000000% N/A Unleased Third Supplemental Drilling & Division Order Title Opinion Klein I9M-402, 19M-232, 19N-312, 19N-202. 19N-302 and I9N-432 Wells Weld County, CO June 8, 2017 Page 167 OWNERSHIP INTERESTS IN TRACT 24G (Block 15 of Clark and Hill's Second Addition to the Town of Kersey) SURFACE: See Requirement No. 9 MINERAL INTERESTS & ROYALTY: (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Tract Parcel Owner 24G-1 Lots 1 through 24 Weld County, and 44 through 49, Colorado Block 15 Mineral Royalty Interest Interest Lease 100.000000% N/A Unleased Third Supplemental Drilling & Division Order Title Opinion Klein I9M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 168 OWNERSHIP INTERESTS IN TRACT 24H (Block 16 of Clark and Hill's Second Addition to the Town of Kersey) SURFACE: See Requirement No. 9 MINERAL INTERESTS & ROYALTY: (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Tract Parcel Owner 24H-4 Lots 7, 8, 9, 10, 11, Weld County, and 12, Block 16 Colorado 24H-6 Lots 16, 17, 18, 19, 20, and 21, Block 16 24H-7 Lots 22 and 23, Block 16 24H-8 Lots 24, 25, 26, 27, 28, and 29, Block 16 Weld County, Colorado Weld County, Colorado Weld County, Colorado Mineral Interest Royalty Interest 100.000000% N/A 100.000000% N/A 100.000000% 100.000000% N/A N/A Lease Unleased Unleased Unleased Unleased Third Supplemental Drilling & Division Order Title Opinion Klein I9M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 169 24H-9 Lots 30 and 31, Block 16 24H-10 Lots 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, and 46, Block 16 Weld County, Colorado Weld County, Colorado 24H-1 I Lots 47, 48, 49, 50, Weld County, 51, 52, 53, and 54, Colorado Block 16 100.000000% 100.000000% N/A N/A 100.000000% N/A Unleased Unleased Unleased Third Supplemental Drilling & Division Order Title Opinion Klein I9M-402, 19M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 170 OWNERSHIP INTERESTS IN TRACT 24J (Portion of Block 2, Town of Kersey Located in the NW/4NW/4 of Section 21) SURFACE: See Requirement No. 9 MINERAL INTERESTS & ROYALTY: (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Tract Parcel Owner 24J-1 Lots 1 and 2, Block Weld County, 2 Colorado Mineral Royalty Interest Interest Lease 100.000000% N/A Unleased Third Supplemental Drilling & Division Order Title Opinion Klein 19M-402, I9M-232, 19N-312, 19N-202, 19N-302 and 19N-432 Wells Weld County, CO June 8, 2017 Page 182 OWNERSHIP INTERESTS IN TRACT 25E (Block 5, Town of Kersey Subdivision) SURFACE: Not set forth in prior Opinion dated June 24, 2015 prepared by Carleton Gotlin Law (See Comment 8) MINERAL & ROYALTY INTERESTS: (OIL, GAS & ASSOCIATED HYDROCARBONS ONLY) Tract Parcel Owner Mineral Royalty Interest Interest Lease COGIS - WELL Information Page 1 of 2 COGIS - WELL Information Scout Card -► Related Q Insp. Q MIT ® GIS a Doc at COA 'Jr Wellbore Surface Location Data for API # 05-123-40247 Status: PR Well Name/No: Operator: Status Date: FacilitylD: County: Field: Planned Location As Drilled Location Frac Focus Chemical Disclosure Registry Wellbore Data for Sidetrack #00 Spud Date: Wellbore Permit Permit #: Prop Depth/Form: Mineral Owner: Unit: Formation and Spacing: Casing: Cement: Casing: Cement: Wellbore Completed Completion Date: Measured TD: True Vertical TD: Top PZ Location: Bottom Hole Location: Log Types: Casing: Cement: Casing: Cement: 689 FNL 2342 FEL Footages Not Available Klein #19N-312 (click well name for production) PDC ENERGY INC - 69175 3/29/2017 438986 WELD #123 Federal or State Lease #: LocationlD: Location: WATTENBERG -#90750 Elevation: Lat/Long: 40.38999/-104.59176 Lat/Long: 40.38999/-104.59176 Job Date: 2/15/2017 Reported: 4/12/2017 Job End Date: 3/3/2017 Status: PR 9/23/2016 Spud Date is: HORIZONTAL Expiration Date: 17329 Surface Mineral Owner Same: FEE Surface Owner: FEE Unit Number: Code: NBRR , Formation: NIOBRARA , Order: , Unit Acreage: 360, Drill Unit: GWA String Type: SURF , Hole Size: 12.5, Size: 9.625, Top: 0, Depth: 1425, Weight: 36 Sacks: 920, Top: 0, Bottom: 1425, Method Grade: String Type: 1ST , Hole Size: 8.5, Size: 5.5, Top: 0, Depth: 17329, Weight: 20 Sacks: 2035, Top: 0, Bottom: 17329, Method Grade: Orders 3/29/2017 438989 NWNE 19 5N64W 6 PM 4,628 ft. Lat/Long Source: Field Measured Lat/Long Source: Field Measured Days to report: 40 10/5/2016 17429 6750 Sec: 19 Twp: 5N 64W Sec: 21 Twp: 5N 64W Formation PARKMAN SUSSEX SHANNON SHARON SPRINGS NIOBRARA Completed information 1st Production Date: Status Date: 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 . Completed information for formation NBRR 1st Production Date: Status Date: Commingled: Formation Name: Formation Treatment Treatment Date: 3/18/2017 3/29/2017 N NIOBRARA 2/15/2017 Measured PB depth: True Vertical PB depth: Footage: 764 FNL 2109 FEL Footages: 829 FNL 2305 FEL 3/29/2017 ACTUAL 5/3/2018 9:30:34 PM 17399 6752 Depth Depth CBL, MWD (DIL in 123-20129) String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth: 1450, Weight: 36 Sacks: 670, Top: 0, Bottom: 1450, Method Grade: VISU String Type: 1ST , Hole Size: 8.5, Size: 5.5, Top: 0, Depth: 17423, Weight: 20 Sacks: 2501, Top: 0, Bottom: 17423, Method Grade: VISU Log Top 3589 4383 4986 6463 6636 for formation N-COM 9/1/2016 9/1/2016 Log Bottom Cored Choke Size: Open Hole Completion: Production Method: NOT COMPLETED Status: Tubing Setting Depth: Tubing Multiple Packer: Open Hole Bottom: Status: CM 9/1/2016 CM Status: PR 3/29/2017 Choke Size: Open Hole Completion: Production Method: Status: Treatment Type: Treatment End Date: N PR FRACTURE STIMULATION 3/3/2017 DSTs httn•//cr,ucc state_cons/cotis/FacilitvDetail.asn?facid=12340247&tyre=WELL 9/28/2017 COGIS - WELL Information Page 2 of 2 Treatment summary: 74 Stage Plug and Perf, Perf'd from 7033-17235, 1 Toe Sleeve from 17352-17355 Total Fluid: 252,550 bbls Gel Fluid: 165,541 bbls Slickwater Fluid: 84,911 bbls 15% HCI Acid: 2,098 bbls Total Proppand: 13,121,460 lbs Silica Proppant: 13,121,460 lbs Method for determining flowback: measuring flowback tank volumes 252550 Total fluid used in treatment (bbls): Total gas used in treatment (mcf): Type of gas: Total acid used in treatment (bbls): 2098 Recycled water used in treatment (bbls): Produced water used in treatment (bbls): 250452 Total proppant used (Ibs): Reason green techniques not utilized: Tubing Size: Tubing Packer Depth: Open Hole Top: Initial Test Data: Test Date: Hours Tested: Gas Disposal: Test Type BBLS_H2O BBLS_OIL BTU_GAS CALC_BBLS_H2O CALC_BBLS_OIL CALC_GOR CALC_MCF_GAS CASING_PRESS GRAVITY_OIL MCF_GAS TUBING_PRESS Perforation Data: Interval Bottom: # of Holes: 13121460 2.375 3/29/2017 24 SOLD Measure 594 419 1351 594 419 3281 1375 2798 50 1375 2066 17355 2628 Max pressure during treatment (psi): Fluid density (lbs/gal): Number of staged intervals: Min frac gradient (psi/ft): Total flowback volume recovered (bbls): 16927 Disposition method for flowback: DISPOSAL Green completions techniques utilized: True 4956 8.34 74 0.94 Tubing Setting Depth: Tubing Multiple Packer: Open Hole Bottom: Test Method: Gas Type: Interval Top: Hole Size: 6880 Flowing WET 7033 0.42 nr. leIoncr;c/Pa,;f;+t,11Pta;1 ac„9fao;c1=17Ufl 17R,hrne WFT.T. 9/7R/7017 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): Klein 19N-312 File Location(s): LE0386, LE0387, LE0388 � 7 BY: Bruce Barker - County Attorney DATE: /C% / / / 7 NOTES: 15.3069 / 364.1949 * 18.5% = .0077754 MATCH Klein 19O-212 Klein 19O-302 Klein 19N-202 Klein 19O-402 Klein 19N-432 Klein 19N-312 Klein 19N-302 721.2627 Acres 527.8447 Acres 364.1949 Acres 728.7896 Acres C C Y Y n Lease Reception Number Tract Acreage 00 O C i c c N i v m c E 3 i z o o • L W tN 0,. O Z aL 'c v • U O i m g o. N 0 c a .c a •o o 0,1 O NN 0. m x x x ti n W v N 0 oL ti t'' 7 d O N 2,6 o E cu C OJ 0 i c w i 0J • N Y ZNZ_ yY f0 r, w t 0) V 3 v X Cf .L 4.4C . 00 a1 'O f0 i C v C L a+ 0J C N O t0 • Q N GJ -1e • L 7 Z ti a) L N N U x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x X X X X X X X X O O 0 0 O a1 O .-1 �-1 -1 -4 e-1 1-I 0 ti ip LID lD LE) .D Vf to 40 LD L LU LU LU 4D LID V V ▪ V in M M M M M M M M M M M M M M n n n N N N N N N N N NININNNINN LU Lf1 Lf1 n n n n n n n n n n n n n n n 00 CO CO v v LU v v LU LU LU LULU• LULULULU LU v a v N LU L13 LU 'y m mm m N N .-4 T ."f CO l0 N N n L 01 0 . ."'f .-4 N V1 N M M I, U3 ^ CO n n v1 n LU la 00 00 CO 0 ." f 'i In LU M V1 LU a1 LU In ."I N .-4 'Cr m m 0 O O 0 0 . 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L00 0 N —▪ 0 C c N U N U 2 N h N v1 N F- N m m 1 .-f 1 r*,- ao m o� ▪ 71 Y Y m , m a LU LU I LU LU LU o m= LU vwi W < < al m N N N N N N N N a a N N .-I LU LU LU LU N N N N N N N 00 N LL. N X X X CO en 0 v a) O C ao u O CI vi N U C c N O ≥ • J 'O N V1 O 2 U, N INSTRUCTIONS TO ALL INTEREST OWNERS Dear Interest Owner, PDC Energy, Inc. has enclosed a Division Order for your execution. The attached document should not be altered in any way except to correct spelling errors, unless accompanied by documentary evidence to support the change. If your name and interest are correctly shown: I. Sign your name as shown on the Division Order. This does not need to be notarized. 2. If your name has changed due to marriage or divorce, execute the Division Order using your present name and furnish a copy of the marriage certificate or divorce decree. 3. If signing for a corporation, signature must be attested, corporate seal fixed and title of signatory party reflected. 4. If signed by agent, attorney -in -fact, guardian or any party other than the named interest owner, a certified copy of the power of attorney or other evidence of such party's right to sign must be furnished. 5. Your correct mailing address should be noted in the space provided to insure prompt receipt of production proceeds. If your address has changed or is incorrect, please cross out the old address and write your current address next to it. 6. The first copy or the "Original" of the Division Order should be returned to: PDC Energy, Inc. 1775 Sherman Street, Suite 3000 Denver, Colorado 80203 Attn: Morgan McCabe 7. Should you have any further questions regarding the enclosed Division Order, please contact PDC Energy, Inc. at (303) 860-5836 or (888) 860-5836. 8. Please DO NOT DETACH the exhibit from the Division Order or Transfer Order if one is included. 9. Your decimal interest is calculated as follows: Royalty Interest (Tract Acres * Mineral Interest / Spacing Acres * Royalty Interest) Overriding Royalty Interest (Tract Acres * Mineral Interest * Working Interest Burdened / Spacing Acres * ORRI) Hello