HomeMy WebLinkAbout20162421.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: CO045190
Property Name: NORTH PLATTE K21-O24-34HNC
Operator: BONANZA CREEK ENERGY INC
County and State: Weld County, Colorado
Property Township 5 North, Range 63 West
Description: Section 34: E2W2, W2E2
pi9l d 5-123 -4}l Sg(P
Production:
Oil
Date: July 7, 2016
Effective Date: September 1, 2015
YO UR
COpy
Gas Other: ALL PRODUCTS
Owner Name OWNER NUMBER: 1041
and Address:
WELD COUNTY BOARD OF COMMISSIONERS Type of Interest: RI
P O BOX 758 Decimal Interest: 0.07553248
GREELEY, CO 80632-0758
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.
SIGNATURE:
BOARD OF \TY `�I 51O
ATTEST'
CLER
BY:
DEPUTY CLERK TH BOA
2016
Weld County Government
1150 "O" Street
Greeley, CO 80634
Phone: 970-336-7204
Fax: 970-336-7233
Tax ID: 84-6000-813
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 PI
EKP
Camvu AT'°-'
Retain this copy for your records
2016-2421 17
LEOf70-1 LEWY 3
LEOI70-2
CO045190
NORTH PLATTE K21-O24-34HNC
EZWZ,
WELD COUNTY, CO
SPACING UNIT = 317.85 ACRES
TRACT 1 , LEASE NO. 22 ON TITLE OPINION:
WELD COUNTY LEASE - RECEPTION #3572171
LEASE CONTRIBUTES 80.00 ACRES
20% ROYALTY RATE
TRACT 3, LEASE NO. 35 ON TITLE OPINION:
WELD COUNTY LEASE - RECEPTION #3870919
LEASE CONTRIBUTES 39.43 ACRES
20% ROYALTY RATE
TRACT 33, LEASE NO. 38 ON TITLE OPINION:
WELD COUNTY LEASE - RECEPTION #3883079
LEASE CONTRIBUTES 0.61 ACRES
20% ROYALTY RATE
20% * 120.04 / 317.85 = 0,07553248
80.00 LEO I?0 _ I
LtOI7OL
39.43
0.61 LE03WW1
120.04
BEATTY & WOZNIAK, P.C.
ATTORNEYS AT LAW
216 SIXTEENTH STREET, SUITE. 1 100
DEN V ER, COLORADO 80202-5115
TELEPI-ioNy. 303-407-4499
FAX 1-800-886-6566
www.bwenergylaw.com
RYAN MCKEE
303-407-4449
RMCK`:E@RWENERGYLAW.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: F/2E/2, Section 34: All, Township 5 North, Range 63 West, 6th P.M.
Weld County, Colorado
Our File No.: 30 17.0042
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-A11-341-INC
North Platte 14-1 I -341NB
North Platte J14-F1.1-34HNC
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 K3 I -O34-34HNB
North Platte 31-34-34HNC
North Platte P31-T34-34HNH
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 3 of 286
11. Unrecorded Extension Letter, dated October 26, 2011, from Bayswater
Exploration & Production, LLC to Sally Ann Hooks, provided by Alexander Newell of Bonanza
Creek Energy, Inc.
12. Unrecorded Farmout Agreement, dated effective November 17, 2000, between
CFG Energy, Inc. and Sovereign Energy LLC, provided by Alexander Newell of Bonanza Creek
Energy, Inc.
13. Assignment, Bill of Sale and Conveyance, recorded August 31, 2015, at
Reception No. 4137934, from Anadarko E&P Onshore LLC to Noble Energy, Inc., provided by
Alexander Newell of Bonanza Creek Energy, Inc.
14. Online well information available from the official website of the Colorado Oil
and Gas Conservation Commission as of October 1, 2015, accessible at http://cogcc.state.co.us/.
15. Online acreage information available from the official website of the Bureau of
Land Management as of October 1, 2015, accessible at http://www.bim.gov/lr2000/sitetnap.htm.
Unless otherwise indicated, book and page recording information shown in this Opinion
pertains to the records of the Office of the Clerk and Recorder of Weld County, Colorado.
OWNERSHIP
M
Based upon the Materials Examined and subject to the Comments and Requirements set
forth herein, we find title to the Subject Lands and leases, as of August 6, 2015, to be owned and
encumbered as follows:
TRACTS
For purposes of identification and convenience, we have divided the Subject Lands into
the following Tracts':
Tract 1: Section 34:
Tract 2: Section 34;
N/2NE/4, SW/4NE/4
Containing 119.25 acres of land, more or less
SE/4NE/4, SE/4, less the Cottonwood P.U.O. as described at
Reception No. 2990418 and those metes and bounds tracts herein
described as Tract Nos. 16-33
Containing 166.23 acres of land, more or less
1 See Prior Comment and Requirement Nos. 2-3 regarding this Opinion's reliance on outside surveys and deed
plotting software for the determination of the acreage totals given to the below described Tracts.
BEATTY $4 Wortloax, 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 4 of 286
Tract 3:
Tract 4:
Tract 5:
Tract 6:
Tract 7:
Tract 8:
Tract 9:
Tract 10:
Tract 11:
Tract 12:
Tract 13:
Tract 14:
Tract 15:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
Section 34:
NE/4NW/4
Containing 39.43 acres of land, more or less
NW/4NW/4, S/2NW/4, and a 32.00 acre tract
Containing 1.52.65 acres of land, more or less
Those lands described in the Right of Way Deed, recorded in the
records of Weld County, Colorado at Reception No. 6909
Containing 18.38 acres of land, more or less
Lots 13-15 of Block 2 in the Town of Hardin
Containing 0.96 acres of land, more or less
43.51 acre tract more particularly described in that Warranty
Deed, recorded in the Records of Weld County, Colorado at
Reception No. 172820.
Containing 43.51 acres of land, more or less
Blocks 4, 5, C, & D in the Town of Hardin
Containing 46.10 acres of land, more or less
Lots 16-18 of Block 2 and Lots 1.2 and 28-29 of Block 3 in the
Town of Hardin
Containing 2.22 acres of land, more or less
Lots 11-12 and 19-20 of Block 2 in the Town of Hardin
Containing 0.97 acres of land, more or less
Lots 1-8, 23-30 of Block 2 in the Town of Hardin
Containing 4,20 acres of land, more or less
Lots 9.and 22 of Block 2 in the Town of Hardin
Containing 0.48 acres of land, more or less
Lot 10 of Block 2 in the Town of Hardin
Containing 0.25 acres of land, more or less
Lot 21 of Block 2 in the Town of Hardin
Containing 0.23 acres of land, more or less
Lots 3-27 of Block 3 in the Town of Hardin
Containing 6.56 acres of land, more or less
BEATTY & WOZNIAK, P.C.
Bonanza Creek Energy, Inc.
E/2E/2 of Section 33, All of Section 34, T5N, R63W, 6`" P.M. - 3017.0042
October 20, 2015
Page 6 of 286
Tract 29: Section 34:
Tract 30: Section 34:
Tract 31: Section 34:
Tract 32: Section 34:
Tract 33: Section 34:
Tract 34:
Tract 35:
Tract 36:
Tract 37:
Open Space Cottonwood Falls, P.U.I.
Containing 7.10 acres of land, more or less
A 3,25 acre metes and bounds tract located in the SE/4SE/4 more
particularly described at Reception No. 2440048
Containing 3.25 acres of land, more or less
A 3.02 acre metes and bounds tract located in the SE/4SE/4 lying
East of tract more particularly described at Reception No.
2440048, North of Tract No. 33, and West of Tract No. 32
Containing 3.02 acres of land, more or less
That portion of a strip of land fifty feet (50') in width lying
between Sections 34 and 35, the same being twenty-five feet
(25') on each side of the Section line, less that portion lying
within the NW/4 of Section 35 and that portion of Tract No. 33
lying in the SE/4SE/4 of Section 34
Containing 2.97 acres of land, more or less
A strip of land fifty feet (50') in width off the entire South side of
the S/2SE/4 of Section 34, except those portions vacated by
Resolution adopted by Weld County Board of County
Commissioners on August 12, 1996, recorded at Reception No.
2507157
Containing 1.72 acres of land, more or less
Section 33: E/2NE/4 Lying North of the Railroad Right of Way
Containing 70.7769 acres of land, more or less
Section 33: SE/4NE/4 South of Weld County Road 380
Containing 3.3358 acres of land, more or less
Section 33: Railroad ROW/Fee Lands in N/2
Containing 2.9430 acres of land, more or less
Section 33: Lots A and B of RE2599 in NE/4
Containing 2.1732 acres of land, more or less
Lot 13 was initially conveyed as platted in the Cottonwood Falls P.U.D. recorded at Reception No. 3128714;
however, in subsequent conveyances, Lot 13 was described as Lot 13, Amended Cottonwood Falls, P.U.D. See Prior
Comment and Requirement No. 30 regarding the assumed ineffectiveness of the Amended Cottonwood Falls,
P.U.D.
BEATTY & WOZNIAK, P.C.
Bonanza Creek Energy, Inc.
E/2E/2 of Section 33, All of Section 34, T5N, R63W, 6`h F.M. - 3017.0042
October 20, 2015
Page 7 of 286
Tract 38:
Tract 39:
Tract 40:
Section 33: Weld County Road 380 in S/2NE/4
Containing 0.7711 acres of land, more or less
Section 33: SE/4SE/4
Containing 40,00 acres of land, more or less
Section 33: NE/4SE/4
Containing 40.00 acres of land, more or less
SURFACE
Per the instruction of Bonanza Creek, the surface ownership has not been determined for the
drafting of this Opinion. If Bonanza Creek would like a surface ownership determination, it
should contact this office so that the surface ownership may be determined and added to this
Opinion.
OIL, GAS AND OTHER MINERALS (EXCLUDING COAL)
Tract 1: N/2NE/4 SW/4NE/4 of Section 34J5N, R63W, 6th P.M.
Owner
Weld County, Colorado
TOTAL
Interest
100.000000%
100.000000%
Tract 2: SE/4NE/4, SE/4 of Section 34, T5N, R63W, 6th P.M., less Tract Nos. 16-33
Owner
Interest
Rex Monahan Family Trust., dated June 16, 1979, Doris L. 49.000000%
Monahan Trustee
The Prospect Company
70 Ranch, LLC
Full Sea Equities, L.L.C.
DAX 2020, LLC
25,500000%
20.461200%
2.519400%
2.418624%
BEATTY & WOZNIAK, P.C.
Bonanza Creek Energy, Inc.
E/2F,/2 of Section 33, All of Section 34, T5N, R63W, 6th P.M. — 3017.0042
October 20, 2015
Page 8 of 286
Owner Interest
Alex Speros
TOTAL
Tract 3: NEB/4NW/4 of Section 34, TSN, R63W, 6th P.M.
Owner
Weld County, Colorado
TOTAL
0.100776%
100.000000%
Interest
100.000000%
100.000000%
Tract 4: NW/4NW/4, S/2NW/4 and 32 Acre Tract of Section 34, TSN, R63W, 6th P.M.
Owner Interest
Dorothy Baldwin and Ernest Baldwin, as joint tenants 20.000000%
James Robert Mondt, as Trustee of the James Robert Mondt Trust 20.000000%
Jack R. Mondt 20.000000%
William E. Mondt and Jo Ann W. Mondt, as joint tenants 20.000000%
Ervin L. Mondt and Patsy H. Mondt, as joint tenants 20.000000%
TOTAL 100.000000%
3"racd 5; A nilroad Lands of Section 34, TSN, R63W, 6th P.M.
Owner Interest
Anadarko Land Corp, 100.000000%
TOTAL 100.000000%
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 21 of 286
Tract 32: That portion of a strip of land fifty feet (50') in width lying between Sections 34
and 35., the sea being twenty-five feet (25') on each side of the Section line, less that
portion lying within the NW/4 of Section 35 and that portion of Tract No. 33 lying in the
SE/4SE/4 of Section 34, T5N,_ R63W, 6th P.M.
Owner Interest
Weld County, Colorado's 100.000000%
TOTAL 100.000000%
Tract 33: A ;Strip of land fifty feet (SO'? in width off the entire South side of the S/2SE/4 o!
geEtioii 34, i'SN, R63W, 6th P.M., except those portions vacated by Resolution adopted by
Weld County Board of County Commissioners on August 12, 1996, recorded at Reception
No. 2507157
Owner
Weld County, Colorado's
TOTAL
Interest
100.000000%
100.000000%
Tract 34: E/2NE/4 Lying North of the Railroad Right of_Way in Section 33, ,TSN, ,R63W,
6th P.M.
Owner Interest
Dorothy Baldwin and Ernest Baldwin, as joint tenants 20.000000%
James Robert Mondt, as Trustee of the James Robert Mondt Trust 20.000000%
Jack R. Mondt 20,000000%
William E. Mondt and Jo Ann W. Mondt, as joint tenants 20.000000%
Ervin L. Mondt and Patsy H. Mondt, as joint tenants 20.000000%
TOTAL 100.000000%
" See Prior Comment and Requirement No. 26.
18 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, 6ch P.M. — 3017.0042
October 20, 2015
Page 153 of 286
VI.I. OWNERSHIP OF OIL AND GAS, AND THE PROCEEDS FROM THE SALE OF
OIL AND GAS, AS TO THE NORTH PLATTE K21-O24-34HC, THE NORTH PLATTE
K21-O24-34HNC, AND THE NORTH PLATTE K31-O34-34HNB WELLS,LOCATED
WITHIN A UNIT COMPRJSED OF THE W/2E/2 AND E/2W/2 OF SECTION 34,
TOWNSHIP 5 NORTH, RANGE 63 WEST, 6TH P.M. FROM THE SURFACE TO THE
BASE OF THE CODELL FORMATION:
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:
Tract 1:
Tract 3:
Tract 4:
Tract 5:
Tract 11:
Tract 8:
Tract 7:
Tract 2:
Tract 33:
As to Oil Production
Owner
0.25169105
0.12405223
0.16240365
0.01635992
0.00072361
0.05619003
0.13688847
0.24977190
0.00191914
Bonanza Creek Energy Operating Company,
LLC
Tract 1
(1.00 WI x 0.80 NRI 0GL x 0,25169105 PF)
Tract 3
(1.00 WI x 0.80 NRI Oa x 0.12405223 PF)
Tract 4
(0.97070312 WI x 0.8750 NRI 0GL x 0,16240365 PF) -
(0.97070312 WI x 0.0650 0RI x 0.16240365 PF) -
(0.97070312 WI x 0.01 0RI x 0.16240365 PF) -
(0.3515625 WI x 0.0085 0RI x 0.16240365 PF) -
(80,00 acres/317.85 acres)
(39.43 acres/317.85 acres)
(51.62 acres/317.85 acres)
(5.20 acres/317.85 acres)
(0.23 acres/317.85 acres)
(17.86 acres/317.85 acres)
(43.51 acres/317.85 acres)
(79.39 acres/317.85 acres)
(0.61 acres/317.85 acres)
Working Net Revenue Lease
Interest Interest Type No.
0.90345864 0.73473665 WI 2-6, 8-
13, 16,
18, 20,
2(fi
2� , 35,
38, 13-
50, 51,
53.55,
57-60
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 163 of 286
Owner
ILB Energy, LLC
Tract 8
(0.00005052 WT x 0.01583334 ORI x 0.05619003 PF)
(0.00008337 WI x 0.01583334 O121 x 0.05619003 PF)
Tract 7
(0,00002526 WI x 0.01583334 ORI x 0.13688847 PF)
(0.00004168 WI x 0.01583334 ORT x 0.13688847 PF)
Madant Energy, LLC
Tract 8
(0.00280644 WI x 0.01583334 ORE x 0.05619003 PF)
(0.00463158 WI x 0.01583334 ORE x 0.05619003 PE)
Tract 7
(0.00140322 WI x 0.01583334 ORI x 0.13688847 PF)
(0.00231579 WI x 0.01583334 ORI x 0.13688847 PF)
Westco Family Limited Partnership
Tract 8
(0.00280644 WI x 0.0025 ORI x 0,05619003 PF)
(0.00463158 WI x 0,0025 ORI x 0.05619003 PF)
Tract 7
(0.00140322 WI x 0.0025 ORI x 0.13688847 PF)
(0.00231579 WI x 0.0025 OR1 x 0.13688847 PE)
Weld County, Colorado
Tract 1
(1.00 MI x 0.20 LOR x 0.25169105 PF)
Tract 3
(1.00 MI x 0,20 LOR x 0.12405223 PF)
Tract 33
(1.00M1x0.20LOR x0.00191914PF)
Dorothy Baldwin and Ernest Baldwin, as joint
tenants
Tract 4
(0.20 MI x 0.1250 LOR x 0.16240365 PF)
Working Net Revenue Lease
Interest Interest Type No.
0.00000026 ORI 21
0.00001468 ORI 21
0.00000232 ORI 21
0.07553248
RI 22, 35,
38
0.00406009 RI 5
BEATTY & WOZNIAK, P.C.
Bonanza Creek Energy, Inc.
E/2E/2 of Section 33, Ali of Section 34, T5N, R63W, 6`~ P.M. — 301 7.0042
October 20, 2015
Primary Term:
Royalty:
Delay Rental:
Shut-in Clause:
Pooling/Unitization Clause:
Entireties Clause:
Pugh Clause:
Special Provisions:
Extension:
Affidavits of Production:
OIL AND GAS LEASE NO.22
Dated:
Recorded:
Lessor:
Lessee:
Lands Covered:
Primary Term:
Royalty:
Delay Rental:
Shut-in Clause:
Five (5) years, and as long thereafter; option to extend
the primary term for three (2) [sic] additional years by
mailing a bonus consideration equal to one hundred fifty
percent (100%) [sic] of the bonus consideration
originally paid for this lease,
1/8th
None; Paid -up lease
One Dollar per year per net royalty acre
Yes; broad form pooling and unitization clause with a
provision for a cooperative or unit plan of development
or operation approved by applicable government
authority.
None
None
This lease shall cover all Lessor's right, title and interest
in the above described lands including streets, roads,
alleys and any reversionary or after acquired interest
therein.
Top lease clause
By Affidavit of Lease Extension dated November 8,
2011, recorded December 2, 2011, at Reception No.
3809507, by Bayswater Exploration & Production, LLC
stating that it has extended the Lease,
See Exhibit C of this Opinion for the Affidavits of
Production covering this lease as to the Subject Lands.
July 16, 2008
August 14, 2008
Reception No. 3572171
Weld County, Colorado, a political subdivision of the
State of Colorado, acting by and through the Board of
County Commissioners of the County of Weld
Bonanza Creek Energy Operating Company, LLC
Township 5 North, Range 63 West, 6th P.M.
Section 34: N/2NE/4, SW/4NE/4
Containing. 120.00 acres, more or less
Three (3) years, and as long thereafter
20.00%
$120.00 per year, computed at the rate of $1,00 per net
mineral acre or fraction thereof per year
Yes, upon Lessor approval, with payment of $2,00 per
A-28
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
Pooling/Unitization Clause:
Entireties Clause:
Pugh Clause:
Special Provisions:
Affidavits of Production:
acre of lease per annum in addition to the annual rental,
The minimum amount of such shut-in royalty payment
shall be $240.00. The maximum extension of the leases,
due to the existence of a shut-in well, shall be five years
beyond the extension term as described in the Extension
paragraph included within the oil and gas lease.
Yes, requires recording of declaration in addition to
mailing a copy of any such declaration to the Lessor or
to the depository bank. Unitization only upon approval
of Lessor.
None
None
-Lessor reserves the right to conduct exploration on the
leased land provided such exploration does not interfere
with the rights granted herein
-Lessee, with prior written consent of Lessor, shall have
the right to assign the entire leasehold interest of said
Lessee in all or part of the land covered hereby, but not
less, however, than contiguous tracts of approximately
forty (40) acres or Governmental lot corresponding to a
quarter -quarter section for any partial assignment, and
for approval of such assignments Lessor shall make an
assignment charge in an amount to be determined by
Lessor.
-Lessee shall notify Lessor of all other assignments of
undivided percentages or other interest, though no
approval is required.
-Any and all reservations or assignments or [sic]
overriding royalties shall be subject to approval by
Lessor. The total of said overriding royalties shall not
exceed five percent (5%), including any overriding
royalty previously provided for unless production
exceeds a monthly average of fifteen (15) barrels per
day or ninety thousand cubic feet of gas per day (90
MCF/D). In the event production drops to this amount
or less, any overriding royalties which exceed five
percent (5%) may be suspended.
-Upon discovery of oil and gas or either of them on the
leased land, Lessee shall proceed with reasonable
diligence to develop said land at a rate and to an extent
commensurate with the economic development of the
field in which the leased land lies.
See Exhibit C of this Opinion for the Affidavits of
A-29
BEATTY & WOZNIAK, P.C.
Bonanza Creek Energy, Inc.
E/2E/2 of Section 33, An of Section 34, T5N, R63W, 6th P.M. -- 3017.0042
October 20, 2015
Production covering this lease as to the Subject Lands.
OIL AND GAS LEASE NO.23
Dated:
Recorded:
Lessor:
Lessee:
Lands Covered:
Primary Term:
Royalty:
Delay Rental:
Shut-in Clause:
Pooling/Unitization Clause:
December 1, 2009
November 15, 2011
Reception No. 3805724
Anadarko E&P Company LP and Anadarko Land Corp.
Kerr-McGee Oil & Gas Onshore LP
Township 5 North, Range 63 West, 6th P.M.
Section 33: N/2SE/4, Limited to those depths and
formations from the surface to the
stratigraphic equivalent of 7,322 feet, as
found in the Hergenreder 13-33U well
located in the NW/4SW/4.
Containing 80.00 acres, more or less
Twenty-four (24) months, and as long thereafter
20.00%
None; paid -up
$10.00 per net acre which payment shall be made to
Lessor at P.O. Box 173779, Denver, Colorado 80217-
3779, ATTN: Manager, Land Administration, on or
before the 90th day from and after the date on which
such well is or was shut-in, and annually thereafter a
similar payment may be made on or before the
anniversary date on which such well was shut-in. If such
payment, or payments, are timely made, it shall be
considered that gas is being produced in paying
quantities from the Leased Premises under all the terms
and provisions of this Lease (but only for so long as the
well continues to be capable of producing in paying
quantities). Notwithstanding the foregoing, Lessee may
not maintain this Lease by making Shut-in Well
Payments as to any well more than three (3) cumulative
years during any five (5) year period.
Yes; Lessee may not commit the Leased Premises or
any portion thereof to a federal unit without prior
written consent of Lessor. Any such pooling shall be
into a well unit or units not exceeding forty (40) acres
plus an acreage tolerance of ten percent (10%), for oil,
and not exceeding one hundred sixty (160) acres, plus
acreage tolerance of ten percent (10%), for gas, except
that larger units may be created to conform to any
spacing or well unit pattern that may be prescribed by
A-30
BEATTY & WOZNIAk:, P.C.
Bonanza Creek Energy, Inc.
E/2E/2 of Section 33, All of Section 34, TSN, R63W, 6th P.M. - 3017.0042
October 20, 2015
OIL AND GAS LEASE NO. 35
Dated:
Recorded:
Lessor:
Lessee:
Lands Covered:
Primary Term:
Royalty:
Delay Rental:
Shut-in Clause:
Pooling/Unitization Clause:
Entireties Clause:
Pugh Clause:
Special Provisions161:
August 27, 2012
September 5, 2012
Reception No. 3870919
Weld County, Colorado
Bonanza Creek Energy Operating Company, LLC
Township 5 North, Range 63 West, 6th P.M.
Section 34: NE/4NW/4
Containing 40.00 acres, more or less
Until August 27, 2015
20%
$40.00, computed at a rate of $ 1.00 per mineral acre per
year.
$2.00 per acre of the lease per annum in addition to the
annual rental. The minimum amount of such shut-in
royalty payment shall be $240. The maximum extension
of the lease, due to the existence of a shut-in well, shall
be five years beyond the extension term.
Yes; broad form pooling and unitization clause with
provision for the issue of a separate lease for lands not
committed thereunder.
None
None
Assignments: upon payment of a $25 fee and prior
written consent of Lessor.
Overriding Royalty: subject to approval by Lessor and
shall not exceed five percent (5%), including any
overriding royalty previously provided for unless
production exceeds a monthly average of fifteen (15)
barrels per day or ninety thousand cubic feet of gas per
day (90 MCF/D) .
Extension: A) No lease term will be extended for more
than six (6) months from the original expiration date, B)
Lessee shall pay to the Lessor the sum of one-third of
the original bonus, with a minimum bonus of Ten
Dollars ($10.00) per acre, C) Lessee must pay to the
Lessor the sum of One Dollar ($1.00) per acre leased as
delayed rental for the term of the extension, and D) the
royalty will remain the same.
161 There are numerous non-standard provisions incorporated in this lease agreement. See lease agreement for full
descriptions of all such provisions.
A-42
BEATTY & WOZNIAFC, Y.c.
Bonanza Creek Energy, Inc.
E/2E/2 of Section 33, All of Section 34, T5N, R63W, 6tb P.M. — 3017 0042
October 20, 2015
Lessee:
Lands Covered:
Primary Term:
Delay Rental:
Royalty:
Shut-in Clause:
Pooling/Unitization Clause:
Warranty of Title:
Lesser Interest Clause:
Pugh Clause:
Other/Special Provisions:
Affidavits of Production:
OIL AND GAS LEASE NO. 38
Dated:
Recorded:
Lessor:
Lessee:
Lands Covered:
Primary Term:
Delay Rental:
Royalty:
Shut-in Clause:
Pooling/Unitization Clause:
Bonanza Creek Energy Operating Company, LLC
Township 5 North, Range 63 West, 6th P M
Section 34: A strip of land fifty feet in width lying
between Sections 34 and 35, Township 5
North, Range 63 West, the same being 25
feet on each side of the section line (insofar
as same lies within said Section 34)
Containing 2.97 acres, more or less
Three years and so long thereafter as oil or gas of
whatsoever kind or nature are produced
N/A, paid -up lease
20%
One dollar per year per net mineral acre
Yes
No
Yes
No
-Lessor's consent to assignment required. Shall not be
unreasonably withheld.
-Lessor to give 45 -day notice of claimed default.
-Lessee shall not conduct operations of any kind upon the
surface of the lands herein described without the express
written consent of Lessor. Such consent shall not be
unreasonably withheld.
See Exhibit C of . this Opinion for the Affidavits of
Production covering this lease as to the Subject Lands.
October 10, 2012
Octobe-1 y 1O12
Reception No. 3883079
Weld County, Colorado
Bonanza Creek Energy Operating Company, LLC
Township 5 North, Range 63 West, 6th P.M.
Section 34: A strip of land fifty feet in width off the
entire south side of the SE/4
Containing 3.00 acres, more or less
Three years and so long thereafter as oil or gas of
whatsoever kind or nature are produced
N/A, paid -up lease
20%
One dollar per year per net mineral acre
Yes
A-44
BEATTY & WOZNIAK, P.C.
Bonanza Creek Energy, Inc.
E/2E/2 of Section 33, All of Section 34, T5N, R63W, 6`h P.M. - 3017,0042
October 20, 2015
Warranty of Title:
Lesser Interest Clause:
Pugh Clause:
Other/Special Provisions:
Affidavits of Production:
OIL AND GAS LEASE NO. 39
Dated:
Recorded:
Lessor:
Lessee:
Lands Covered:
Primary Term:
Royalty:
Delay Rental:
Shut-in Clause:
Pooling/Unitization Clause:
Entireties Clause:
Pugh Clause:
Special Provisions:
Affidavits of Production:
No
Yes
No
-Lessor's consent to assignment required. Shall not be
unreasonably withheld.
-Lessor to give 45 -day notice of claimed default.
-Lessee shall not conduct operations of any kind upon the
surface of the lands herein described without the express
written consent of Lessor. Such consent shall not be
unreasonably withheld.
See Exhibit C of this Opinion for the Affidavits of
Production covering this lease as to the Subject Lands.
July 1, 2012
December 7, 2012
Reception No. 3894189
William D. Thompson, Tina R. Thompson, and Jason J.
Thompson, as joint tenants
Bonanza Creek Energy Operating Company, LLC
Township 5 North, Range 63 West, 6th P.M.
Section 34: Lot 13, Cottonwood Falls PUD,
according to that certain map or plat
thereof recorded March 29, 2007 under
Reception No. 3465185, being located in
the E/2 of Section 34
Containing 1.6963 acres, more or less
Three (3) years, and as long thereafter
1/6`i'
None, Paid -up Lease
Yes, $10.00 per year per net mineral acre
Yes
None
None
Notwithstanding anything to the contrary herein
contained, this is a non -surface use oil and gas lease and
no operations of any kind shall be conducted on the
lands herein -above described.
See Exhibit C of this Opinion for the Affidavits of
Production covering this lease as to the Subject Lands.
EXHIBIT F
SECTION 34: W/2167
AREA ALLOCATION
TNTwar 14 OPSECTION 34.
TOWNSHIP 3 N0RTTL RANGE 63 WEST OF4M PRINCIPAL 54BSIDIAN.
COUNTY OF WELD, STATE, OF COLORADO
D' 6C47 IMO' /W
SC4Llitra00r
ALL UNCAP DISTANCES ARE MEASURED
IN FEE1 AND DECIMAL FEET warts
AISA ALLOCATION OC TION TABLE
wan
BCIiMSEFELT
ACREAGE ,
KIIrrQ
I
1.717.542
WO
WUDC 10tH Y
2
6,610.555
en -es
motor
4
2,!41,131
an
MI7CARATATIOWS
4
BOMB
IAm
RAILROAD
3
ImS,
r
6
*100
133
Lures.
9
41.00
4a
it OAN
s
___x010
040
1.01*
0
^1
4.}7
SCHOOL OWL NIL?
IA
iu1M
6.23
CARRY
it
IRAN
•t
GIGOT
12
211010
6S
MANION
It
1ttl1A
420
f"RUNT&
14
. 2$0°7.113
46. to
10RA11CIi
TOTAL
13,.762,076
3054
ALLKS TAYLOR
h. DUKE, LIT,
MO Meg on- .,* t
Ham.. CU...w 41110
We) ago toast
yfYOR NOTE;
1) TAM arm a11aa!►Isn was aaarn6he ham fools and Seas of
mated. Ifs grid ersasrserwls veto farm,
.� 110111N Mt a'w,u
—44
;iez Wcwttac IOC;4
- Colt VACS
atm
ro i.y nit fart J1
11AI DTt
Mellon
314 VCR NIC al
^h
C :.y fOR !Er k,
167 The tract numbers given in this plat do not correspond with the tract numbers used in this Opinion. This plat has been included for acreage determination
purposes only. For more information concerning the method used for determining the tract acreage used for the drafting of this Opinion please see Prior
Comment and Requirement No. 2.
EXHIBIT G
SECTION 34: E/2168
N/2NE/4, SW/4NE/4, NW/4SE/4
.7CALE J eJIer
AIL U DEAR DISTANCES ARE MEASURED
IN PUT AND DECIMAL FUT UNITS
1111 MAP
AL1&S TAYLOR
a Dun; LI t
Poo 1 IS e
air s
PANT Of SECTION93.
TOWNIES 5 NOOK *MM 42 WEST Of ma tnt PUNCIIrAL ,
ca in' 4x wnn STATE OF COLORADO
>m�ooe rmoc�.
DI Di a SS wei sioslpil Imo filie• ail MS et
omit lor 0040 parressiri Ss
168 The tract numbers given in this plat do not correspond with the tract numbers used in this Opinion. This plat has been included for acreage determination
purposes only. For more information concerning the method used for determining the tract acreage used for the drafting of this Opinion please see Prior
Comment and Requirement No. 2.
SE14NE14'69
AREA ALLOCATION
SR1U4NFIM c7PSECTION 34,
TOWNSHIP $ NORTH. CANOE a WET OF TI$ 6T}1 TIMBAL laktiAN,
COUNTY OP WELD, STATE UP COLORADO
ttt�tstttwwNw
AU. UNEAR DISTMICES ARE ItaEASURED
NI FEET AND DECIMAL FEET OMITS
AREA ALLOCATION TASTE
TRACT
SQUARE FEET -
ALITEA*ID
01WNBR
2
52,76,
ILTI
WELD COUSIN
S
d23ARI
14.31
TORA?IC I,U.C •
37
9'0.301
1.62
mum
L I
SLIM •
1.22
IP )*ORGAN CflAAE DAMN A.
C3
OM)I.05
REALM RRX)
U
13.,71
MA
DART R. DUX*
L4
69.216
1.AS
BABA I& WAONEL
LS
41,401
1.11
JUAN ORTA
5.4
32,112
0.74
Titre LA MOODY
L7
614Z
141
DEWS MARY COTTER
U
41,41)
1.14
W.1Y R. ORNDIIN
IS
61377
144
RAC Ms ulva twain LP
Ito
WAO
:pis
Wilma, iik stone Stitinial
L I I
1r1,9S2
1.17
_ SOY * MEDAN 10111111
Ll3
5914
LIT
T5CIlWY*TRACY TELLYY
LIT
Mal
Lk
PILL. MA* JASON DIOSIPtfl4
(Wan V.
HOMO
4.!'/
WI I'CswocDPAILSHOA
TOTAL
1,712.11171
TRW
ALLAN TAYLOR
& DUKE, LW
ate as a.,wwill
bea Cana* la
SI*44 .
QS II IS IMPS IMIZI
>AMYL1ti1! IIi.Ct
1a TS en gN...r.w w.. lallet "I I I,s pia end r..M .1
a.ut1. N. nab ara IMMIS wet 3*..tt.
a s I*I Ike
-wet
O.S.
'S.
E 1/4 COR SEC 34
COUNTY ROAD
PARCEL#2
12
169 The tract numbers given in this plat do not correspond with the tract numbers used in this Opinion. This plat has been included for acreage determination
purposes only. For more information concerning the method used for determining the tract acreage used for the drafting of this Opinion please see Prior
Comment and Requirement No. 2.
SW/4SE/417°
ALLOCAnor
A
*WWII O. SECTION i4,
TOWNSHIP 5 NORTM. RANGE [3 rat OP nit MI PRINCIPAL Amni ,
courtly' (W WILD, STATIC OF C LORADO
a
SCALE "XV
AU. LINEAR DISTANCES ARE MEASURED
IN FEET AND DECIMAL FEET UNITS
AMA ALLOCATIM YAZ*P
a
sass
in
401tAauC
!MAL
1.74214
]1.d0
ALLIS TAYLOR
it DUAZ LW
*»a. a..
rn.
..e Wa
aressimt 1a! IMR sera
1) ml, n dowse .aawrl a h s .Is aml Opts .l
e...N. Ma Wad rssssws.s sta .an Sas
aash
TS
15
c- ROAD ABANDONMENT
11
COUNTY ROAD
PARCELS/7\
502-
. __ ,....„..„____....„
icrCR50
S 1/4 COR SEC 34
1?0 The tract numbers given in this plat do not correspond with the tract numbers used in this Opinion. This plat has been included for acreage determination
purposes only. For more information concerning the method used for determining the tract acreage used for the drafting of this Opinion please see Prior
Comment and Requirement No. 2.
COGIS - WELL Information
Page 1of1
COCIS - WELL Information
Scout Card Related Ck Insp. a MIT # OIS a Doc E COA Wellbore
Surface Location Data for API # 05-123-41886 Status: PR
Well Name/No:
Operator:
Status Date:
County:
Field:
Planned Location
Franc Focus
North Platte #K21-O24-34HNC (clic,k well name for production)
BONANZA CREEK ENERGY OPEFZATING COMPANY LLC - 8960
11/1/2015 Federal or State Lease #:
WELD #123 Location:
WATTENBERG - #90750 Elevation:
1153 FSL 2473 FwL Lat/Long: 40.36638/-104.4224
Job Date: 10/18/2015
Job End Date: 10/20/2015
Chemical Disclosure Registry
VVellbore Data Tor JIaetrac IFUU
Spud Date: 8/23/2015
Wetlhnre Permit
7-Y • •M M• v • W••.•• -
Permit #:
Prop Depth/Form:
Mineral Owner:
Unit:
Formation and Spacing:
Casing:
Cement:
Casing:
Cement:
Casing:
Cement:
Wellbore Completed
Completion Date: N/A
Measured TD:
True Vertical TD:
Top PZ Location: Sec: 34 Twp: 5N 63W
Bottom Hole Location: Sec: 34 Twp: 5N 63W
Formation Log Top
Completed information for formation N-COM
1st Production Date: N/A
Status Date: 11/1/2015
Commingled:
Formation Name: NOT COMPLETED
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
t Orders
11/1/2015
SESW 27 5N63W 6 PM
4,542 ft.
Lat/Long Source: Field Measured
Reported: 10/30/2015 Days to report: 10
Spud Date is:
HORIZONTAL
Expiration Date: 7/12/2017 9:24:19 AM
11137 Surface Mineral Owner Same:
FEE Surface Owner FEE
Unit Number:
Code: NBRR , Formation: NIOBRARA , Order: , Unit Acreage: 320, 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: 6860, Weight: 26
Sacks: 500, Top: 2500, Bottom: 6860, Method Grade:
String Type: 1ST LINER , Hole Size: 6.125, Size: 4.5, Top: 6760, Depth: 11137, Weight: 11.6
Sacks: , Top: , Bottom: , Method Grade:
Status: PR 11/1/2015
ACTUAL
Measured PB depth:
True Vertical PB depth:
Footage: 531 FFNLL 2409 FFWLL Depth
Footages: 470 FFSLL 2446 FFWLL Depth
Log Bottom
Choke Size:
Open Hole Completion:
Production Method:
Status:
Tutng Set :ing Depth:
Tubing MUitiple Packer:
Open Hole Bottom:
Status: PR
PR
Cored
11/1/2015
DSTs
http://cogec.state.co.us/cogis/FacilityDetail.asp?facid=123418$6&type=WELL 7/20/2016
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 K21 -024-34H0 File Location(s): LE0170-1
NORTH PLATTE K21-O24-34HNC LE0170-2
NORTH PLATTE K31-034-34HNB LE0310-3
BY:
Bruc'Barker - County Attorney
DATE:
i
d (7 6_,
NOTES: Three leases = 120.04 mineral acres/ 1317.85 acres spacing unit * 20% = 0.07553248 MATCH
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