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HomeMy WebLinkAbout20152846.tiffmommommumm. ii NADOA Model Form Division Order(Adopted 9/951 \ VERDAD OIL&GAS CORP VEMDAD 5950 CEDAR SPRINGS RD.,SUITE 200 Date:7/14/2015 OIL&GAS CORPORATION DALLAS,TX 75235 Effective Date:1/1/2015 Property Name: Pastelak 01 N-64W-02-3N Operator: Verdad Oil&Gas Corporation API o5 / ?3- y o 3/q Property Description: Township 1 North-Range 64 West T Section 02:All County and State: eid/Colorado Production: n Oil Fl Gas n Both: OWNER NAME INTEREST TYPE NRI Decimal Weld County,Colorado RI 0.00005971 1150 O Steet P.O. Box 758 Greeley,CO 80632 The undersigned certifies the ownership of the decimal interest in production or proceeds as described above payable by Verdad Oil and Gas Corporation(Verdad). Verdad 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. Verdad 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 Verdad any amount attributable to an interest to which the undersigned is not entitled. Verdad may accrue proceeds until the total amount equals$100.00,or pay annually,whichever occurs first,or as required by applicable state statutes. 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 Verdad may have certain statutory rights under the laws of the state in which the property is located. Special Clauses: Owner(s)Signature(s): ATTESTS , ! arbara Kirkme er, Cha • Owner(s)Printed Name(s): Weld County Commissioners WELD�i NTY CLERK •THE „,, rt) Owner(s)Address(s):: P.O. BOX 758 AUG t 4. 2015 ./�►�I+. ,��'. /A Greeley, CO 80632 ,`II-E -'a-• Owl-K O THE`.BOAR ll If fsf!,,, ins Owner(s)TIN(s)or SSN(s): 84-6000-813 ( '���' r, Owner(s)Daytime Telephone/Fax#: 970 336-7204 Fax 970-336-7 II' Iwo 11 r441, F c . r A ,. ' . , 4 i , a, _ ..� x 74 • U la-u.1-44-€4- 2015-2846 (I) ,4�1 8'd ik u?-..2, - / ,' PLEASE RETAIN THIS COPY LE7 16v j _ . rn 0 0 0 0 o 0 r C 0 ,.o 0 0 9 3 O 9 g Jo ao� E o LO co U, 0 N N � C j N N W f0 O 0 0 H C E o 28 a : O 0 3�z LL w WE LB ORN S ULLI VAN 1125 17th Street Suite 2200 Denver.CO 80202 MECK & TOOLEY P.C. MAIN: 303/830.2500 Fax: 303/832-2366 ATTORNEYS AT LAW 159 N.Wolcott,Suite 220 Casper.WY 82601 MAIN: 307/234-6907 FAX: 307/234-6908 August 25, 2014 Verdad Oil &Gas Corporation 5950 Cedar Springs Road Suite 200 Dallas, TX 75235 Attn: Philip Davis Re: DRILLING AND DIVISION ORDER TITLE OPINION E%2, Section 2, Township 1 North, Range 64 West Weld County, Colorado Certification Date: July 11, 20141 Ladies and Gentlemen: Pursuant to your request, we have examined the title materials listed below and based upon that information we submit this Drilling and Division Order Title Opinion covering the following described lands: • LANDS COVERED BY OPINION Township 1 North, Range 64 West, 6th P.M. Section 2: E%2 containing 322.412 acres2, more or less Weld County, Colorado All recording references are to the records of the Clerk and Recorder of Weld County, Colorado, unless stated otherwise, and any documents required to be recorded should be filed for record in that office. All references to Section 2 are to those sections of Township 1 North, Range 64 West, 6th P.M. ' See Comment and Requirement No. 1. 2 See Comment and Requirement No.2. 1 � 1 wsmtlaw.com LAW OF THE LAND. Verdad Oil &Gas Corporation—Drilling and Division Order Title Opinion Section 2, All,T.1 N.,R.64W. August 25, 2014 Tract 8: Township 1 North, Range 64 West, 6th P.M. Section 2: A parcel of land located along the East line of Section 2 described as follows: Beginning at the Northeast Corner of Section 2, said corner being Station 95 + 63.00 BK and 95 + 22.12 AH with the bearing of the East northsouth section line bearing S 00-00-00W and all other bearings contained therein being relative thereto. More particularly described as follows: Along said East Section Line S 00-00-00W 3178' +/-; thence leaving said Section Line S 90-00-00W 30' to the Wets R.O.W. Line of County Road 59; said Point to be True Point of Beginning; thence continuing S 90-00-00W 30'; thence S00-00-00W 300'; thence S 90-00-00E 30' to a Point on the West R.O.W. Line of County Road 59; thence NO-00-00E 300' along West R.O.W. Line to the True Point of Beginning, containing 0.207 acres, more or less Tract 9: Township 1 North, Range 64 West, 6th P.M. Section 2: A portion of the SE'/4 known as Lot A of Recorded Exemption No. 1475-2-4 RE-2068, according to the map recorded on October 1, 1997 at Reception No. 2571971 containing 8.19 acres, more or less Tract 10: Township 1 North, Range 64 West, 6th P.M. Section 2: All of the North ten feet of the South forty feet of the SE'/4 containing 0.606 acres, more or less Tract 11: Township 1 North, Range 64 West, 6th P.M. Section 2: A tract or parcel of land containing 2.269 acres, more or less, in the SE'/ being more particularly described as follows: Beginning at the SE corner of Section 2 T. 1N., R. 64 W.; 1) Thence along the east line of Section 2, N. 0° 01' E., a distance of 29.4 feet; 2) Thence N. 89° 54' W., a distance of 1537.2 feet; 3) Thence N. 86° 05' W., a distance of 150.3 feet; 4) Thence N. 89° 54' W., a distance of 300.0 feet; 5) Thence S. 86° 06' W., a distance of 100.2 feet; 6) Thence N. 89° 54' W., a distance of 350.1 feet; 7) Thence S. 89° 48' W., a distance of 204.1 feet to a point on the west line of the SE'/4 of Section 2; 8) Thence along the west line of the SE'/4 of Section 2, S. 0° 09' E. a distance of 42.9 feet to the SW corner of the SE'/4 of Section 2; 9) Thence along the south line of Section 2, N. 89° 51' E., a distance of 2641.3 feet, more or less,to the point of beginning, containing 2.269 acres, more or less 1 4 w Verdad Oil &Gas Corporation—Drilling and Division Order Title Opinion Section 2, All,T.1N.,R.64W. August 25, 2014 Cody B. Hoefle 0.437500% ORR 1,7 [NRI:(12.5% x 2%ORR x 1/2 MI Lse 7)+ (12.5%x5%ORRx 1/2 MI Lse 1)] Eastern Plains Development, LLC 9.000000% ROY 7 [NRI: 18%ROY x 1/2 MI] Dorothy Hammond Reed and Barbara Reed Lewis,joint tenants 7.500000% ROY 1 [NRI: 15%ROY x 1/2 MI] TOTALS: 100.000000% 100.000000% URFACE—T ACT 8—Section 2 (0.207 acre ) Owner Interest Weld County, Colorado 8/8 OIL AND GAS—TRACT 8-Section 2 (0.207 acres) Owner Interest Lease Weld County,Colorado 8/8 None OIL AND GAS LEASEHOLD—TRACT 8-Section 2(0.207 acres) Owner Working Interest Net Revenue Interest Lease Weld County,Colorado 100.000000% 100.000000%WI None [WI&NRI:8/8 UMI] SURFACE—TRACT 9-Section 2 (8.19 acres) Owner Interest Curt A. Sitzman and Judith A. Sitzman, joint tenants 8/8 OIL AND GAS—TRACT 9-Section 2 (8.19 acres) Owner Interest Lease Steve M. Pastelak 1/2 2 Dorothy Hammond Reed and Barbara Reed Lewis,joint tenants'] 1/2 1 (intentionally left blank) " See Comment and Requirement No. 8 requiring you to either confirm that Dorothy Hammond Reed, the joint owner of record of this interest,has died,or to obtain a ratification of Lease 1 from her if living. 13 1 � . , � � ��. �.� ����I�V�F��n��rJ���IfMnA+4�14��u�.Yw�.IL��.�W�.�Y4�uI�IM1�����urw�Y�W� I I � � I 1 � � f � .._.._.. �,✓''�, 0 . 207 Acres � ,r-r'"�`� � � � � � .,_ __--___.� 1 t7 , � � � lb CI) Lat40°, Inc. 1635 Foxtrail Drive, Suite 325 Loveland, CO 970-776-3321 WELL LOCATION CERTIFICATE TSECTION:OWNSHIP: 1N THIS MAP DOES NOT REPRESENT A BOUNDARY SURVEY RANGE: 64W 'WITNESS CORNER" FOUND /6 REBAR WITH SET /6 REBAR WITH 3.25' ALUM. CAP LS 22098 2.5 ALUM. CAP LS 38307 cif N 89'15'2" E 2642.00' N 89'29'32" E 2687.12' I .21 FOUND #6 REBAR WITH -.--1286' 3.25" ALUM. CAP LS 27269 990, PASTELAK 01N-64W-02-3N I Z I ENTRY POINT I S 149.10'29" W 380.45' I N I N 0 0 COV'r LOT! 0 011 �OOV'T LOT 2 I I; a) w N0 I O N cm 9 -1VJ11/� m AY/el m N UI 01 of IiI �I IO IN C co mI I I� I I� I FOUND #6 REBAR WITH FOUND /6 REBAR 1MTH lir2" ALUM. CAP LS 23097 5.2, 7:11K, X Bi�I. 2.5' ALUM. CAP LS 1766* me N 89'3p'12" E 2632.90' N 89'35'20" E 2663.68' FOUND /6 REBAR WITH W 3.25' ALUM. CAP LS 37971 Z L. IN I Iln �I 1-' 1� Of W W N 0 S I1/1 m .SA1/1 m 0 cn o0) �I IN Ij cn en io u'I I(:)- I I� 990'—I) FOUND #4 REBAR WITH 1.5' ALUM. CAP I WITH 3.25' ALUM. CAP LS 24269 460' REMOVED AND RESET #6 REBAR WITH 2.5" ALUM. CAP LS 38307 S 89'31'39" W 2623.20' S 89'31'08" �W 2640.60' FOUND #6 REBAR WITH FOUND #8 REBAR WITH 3.25" ALUM. CAP LS 13155 2.5' ALUM. CAP LS 13482 In accordance with a request from Arthur Beechen with VERDAD OIL AND GAS CORPORATION Lat40; Inc. has determined the surface location of the PASTELAK O1N-84W-02-3N to be 215' from the NORTH line and 1286' from the WEST line and the bottom hole to be 460' from the SOUTH line and 990' from the WEST line as measured at right angles from the section lines of Secti� Townshki 1 North. Range 64 West of the Sixth Principal Meridian, County of Weld, State of Colorado. 0 1000 I hereby state that this Well Location Certificate was prepared by me, or under my direct supervision, that sMIME the fieldwork was completed on 6/24/2014, for and on behalf of VERDAD OIL AND GAS CORPORATION 1.1000 That this is not a Land Survey Plat or an Improvement Survey Plat, and that it is not to be relied upon for establishment of fence, building, or other future Improvement lines. NOTE: SURFACE LOCATION BOTTOM Ku, LAT: 40.08706N LAT: 40.07448'N 1) Bearings shown are Grid Bearings of the Colorado State Plane Coordinate LONG: 104.523201V LONG: 104.52389'W System, North Zone, North American Datum 1983. The lineal dimensions as PD0P: 2.2 contained herein are based upon the "U.S. Survey Foot.' ELEV: 5013' 2) Ground elevations ore based on on observed GPS elevation (NAVD 1988 DATUM). 1/4,1/4: NWNW i�Q Iv 1�f 3) IMPROVEMENTS: See I()CATION DRAWING for all visible improvements within 500' 000 of disturbed area. Q s' Ul7 ej� s 4) SURFACE USE CROP LAND ENTRY POINT V it �' F 5) INSTRUMENT OPERATOR: WYATT HALL LAT: 40.08838' tAr7 ' �l 6) NEAREST CULTURAL ITEMS: LONG: 104.52424'W �� �� -I BUILDING: 542' NW tD=Y r: BUILDING UNIT: 608' W � � � NeQ � v HIGH OCCUPANCY BUILDING UNIT: +5280' if / DESIGNATED OUTSIDE ACTIVITY AREA: +5280' l 10•to J PUBLIC ROAD: 213' N (CR 14) LEGEND II1:/I ABOVEGROUND UTILITY: 775' SW ALIQUOT MONUMENT AS DESCRIBED K W-Wr ."t n!•- RAILROAD: +5280' la= yle E. Rutz-On PROPERTY LINE: 215' N Colorado Licens . Pro �,•'•`�•. ►��,ATE: 702014 Q CALCULATED POSITION Land Surveyor No. 38307 PROJECT/1#: 20114 05 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): Pastelak 01N-64W-03-3N File Location(s): LEO18O BY: DATE: /2C.i Bruce Barker - County Attorney NOTES: .207 mineral acres/ 641.39 acres spacing unit * 18.5% = .00005971 MATCH Verdad Oil and Gas Corp. 5950 Cedar Springs Road,Suite 200 Dallas,Texas 75235 Attn: Division OrderDepartment Phone Number: 214-838-3000 RECEIVED Fax: 214-357-9358 JUL 3 ZQ Email: JLBeecherl@VerdadOil.com WELD COUNTY COMMISSIONERS DIVISION ORDER INSTRUCTIONS FOR EXECUTION Please return one executed original Division Order along with an executed Form W-9 (Request for Taxpayer)in accordance with the instructionsset forth below and retain one copy(Division Order)for your records. Do NOT alter this document unless the proper documentation is provided supporting the alterations contained therein. Said documentation must be filed of record in the county where the well is located. SIGNATURE: • • Sign your name exactly as shown on Division Order.If your signature is different,legal documentation supporting the name change is required. If this interest is owned jointly by two or more individuals, ALL • signatures are required unless documentation is provided verifying authorization of one individual to sign on behalf of all parties. • Signatures by Agents,Attorneys-in-Fact,Guardians,or Trustees must be verified by attaching a copy of the recorded legal documentation evidencing of the rights vested in the signatory party. • In the event of multiple trustees and/or executors,ALL signatures are required unless documentation is provided verifying authorization of one individual to sign on behalf of all parties. - Signatures for companies,corporations or partnerships must be executed by an authorized officer with the name and title of the signatory party printed beneath the signature. ADDRESS: • If your address for revenue payments is different from that reflected on the enclosed documentation, please note the correct revenue payment address on the Division Order by crossing through your old address and writing in the new one. TAXPAYER IDENTIFICATION OR SOCIAL SECURITY NUMBER: • To avoid a 28%withholding tax penalty,as mandated by the Internal Revenue Code,a Taxpayer Identification Number or Social security Number is REQUIRED. Please complete and return the attached Form W-9. SEE THE BACK OF THIS DOCUMENT FOR FREQUENTLY ASKED QUESTIONS ■ FREQUENTLY ASKED QUESTIONS What is a Division Order? a directive signed by the royalty owner verifying the purchaser or operator of a well and the decimal ' ision Order is Y tY A Div g interest-gf+,7 ic#tlp$'lo ned by the royalty owner.Also,it provides the owner's address and tax identification number (TIN)! f, Pt $ow dd'1�f�ansfer my interest in a property? Intere I,. �$Nd by a deed or,when appropriate,an assignment.The deed or assignment must be recorded in the 6i t '1 is located.Verdad must receive a recorded copy of the deed or assignment before changing our records and issuing Division Orders. You may want to have an attorney prepare these documents. What happens if my address or marital status changes? Address changes must be received in writing.Please send changes to Verdad Oil and Gas Corp.,Attn:Division Order Department,5950 Cedar Springs Road,Suite 200,Dallas,Texas 75235.Please include your name,old address,new address,social security number and signature,and if you have been receiving revenue payments your six digit owner number reflected at the bottom left hand corner of your check detail.Please send a copy of your marriage certificate to update your name as a result of marriage or a divorce decree if your last name changed due to divorce. What happens when the interest owner of a property dies? After Verdad is notified the deceased owner's revenue will be held in suspense pending receipt of the proper probate documents and/or affidavit of death and heirship. Upon notifying Verdad you will be sent a letter describing what must be received to transfer the interest of the deceased owner to the appropriate parties and an Affidavit of Death and Heirship form if necessary. When are royalty payments suspended? For your protection,payments are suspended upon a title dispute,assignment of interest,notice of death;transfer of property,or in the event of no known address. Keeping your information current can prevent this inconvenience. When will I be paid? Payments will be made monthly to all owners with cumulative balances of$100 or more at the end of each month. Balances of less than$100.00 will be released prior to end of year. What do I do if my check is lost.stolen.or becomes outdated? Please allow(10)business days for your check to arrive in the mail.If your check is lost,stolen or becomes outdated, please call us at 214-838-3000. Where can I research unclaimed funds? Each state makes an effort to locate rightful owners of production revenues through publication,holding the funds until the owner is found. To locate and collect unclaimed funds,please visit the National Association of Unclaimed Property Administrators("NAUPA")website atwww.unclaimedcag What type of annual statements will I receive from your company? Royalty interest owners receiving more than$10.00 annually will receive an IRS form 1099. This summarizes your total payments and tax withholdings for the previous year. What state regulatory agency can I contact regarding my property? COLORADO—Colorado Oil and Gas Conservation Commission Phone:303-894-2100 website:www.cogcc.state.co.us Hello