HomeMy WebLinkAbout20173571.tiffRESOLUTION
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN
PROPERTY OWNED BY WELD COUNTY, COLORADO - NE1/4 NW1/4,
S18, 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 0.5
net mineral acres, more or less, described to -wit:
NE1/4 NW1/4 of Section 18, 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 $400.00 per net mineral
acre, for a total sum of $200.00, which is to run for a period of six (6) months, commencing at
twelve o'clock noon on October 24, 2017, and ending at twelve o'clock noon on April 24, 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
$200.00, which is to run for a period of six (6) months, commencing at twelve o'clock noon on
October 24, 2017, and ending at twelve o'clock noon on April 24, 2018, be, and hereby is, granted
and approved.
4348848 Pages: 1 of 2
11/01/2017 01:38 PM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County: CO
2017-3571
LE0342
RE: AUTHORIZE EXTENSION OF OIL AND GAS LEASE COVERING CERTAIN PROPERTY
OWNED BY WELD COUNTY, COLORADO - NE1/4 NW1/4, S18, 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: d , jele.94
Weld County Clerk to the Board
APP;-EDAST
ounty Attorney
4348848 Pages: 2 of 2
11/01/2017 01:38 PM R Fee:$0.00
Carly Koppes, Clerk and Recorder, Weld County, CO
ill VAC �l l�l 'I ' �Y �4�� w+'JCMI��rMi ' kit III11I
Julie . Cozad, Chair
Sean P. Conway
rbara Kirkmeyer
Date of signature: 1O/31 / 17
2017-3571
LE0342
EXT
August 22, 2017
WELD COUNTY COLORADO
PO BOX 758
GREELEY, CO 80632
20.3185.000 RE
RE: Oil & Gas Lease (Lease Number 20.3185.000) - Extension Payment
To Whom It May Concern:
370 17"' Street, Suite 5300
Denver, CO 80202
720-481-2375
RECEIVED
AUG 242017
WELD COUNTY
COMMISSIONERS
Pursuant to the terms of your oil and gas lease, Extraction Oil and Gas, Inc. ("Extraction"), as Lessee, or
successor in interest to Lessee, is hereby exercising the option to extend the primary term of your lease as
allowed for by the language in your lease. Enclosed you will find Extraction's check number 28242 in
the amount of $200.00 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. 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
Payment received this $rn day of
Signature:i
Name: /Mande ltd
('jerk to the t' aecd
, 2017.
Phone: 970.'1W.417N
Address: jjso •%oj, S -t ec rpo 75g Email:
SS# or
TIN:
.40,40.te,%eo• goLoa
A (QObb - 8.1,3
2017-3571
Owner ID: 4317/20.3185.000
PAYMENT IS MADE UNDER INSTRUMENT DESCRIBED BELOW, PLEASE DEPOSIT AMOUNT OF CHECK TO THE CREDIT OF PARTY OR PARTIES NAMED.
THIS PAYMENT IS MADE IN A MANNER TO CONFORM TO THE TERMS OF THE INSTRUMENT REFERRED TO WHEREIN YOU ARE NAMED DEPOSITORY.
EXTRACTION EXTRACTION OIL & GAS, INC
370 17th Street, Suite 5300
DENVER, CO 80202
720-557-8300
011.& ce
SHUT IN RECEIPT
RENTAL RECEIPT/ Wells Fargo Bank, N.A.
Van Wert, OH
DATE: Jul -27-2017
Stub 1 of 1
NO. 028242
I
RENTAL PERIOD
COUNTY STATE RECORDED -BOOK PAGE DATE OF LEASE
MONTHS
FROM TO
CO*123 CO - 10/24/14
6
10/24/17 04/24/18
LEASE NUMBER
ORIGINAL LESSOR IDENTIFICATION OR LEASE SERIAL NUMBER
PAY EXACTLY
20.3185.000
WELD COUNTY COLORADO
$200.00
PAY TO THE
ORDER OF
WELD COUNTY COLORADO
PO BOX 758
GREELEY, CO 80632
TO BE CREDITED TO
RENTAL AMOUNT
BANK CHARGE
O
O
tD
O -O
O
U 0
C
7
O
U o
a `
WELD COUNTY COLORADO
TRACT
7010
T7N - R67W SEC 18: A TRACT OF LAND
LYING IN THE NE/4 NW/4, BEING MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
PO Box 758
Greeley CO 80632
$200.00
RECEIPT DATE S,.&&017
RECEIVED FROM fAstetio71 &P t . ,
NO.
89429
ADDRESS
„two' Jui,n l/u2nt li" °()h op
FOR
Gn
.�y
$2b°.
0O
P
P Y
✓*, aO1s4a
ON -1 L
BY -P
PAYEE: DETACH THIS STATEMENT BEFORE DEPOSITING
Hello