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HomeMy WebLinkAbout20152188.tiff RESOLUTION RE: APPROVE CORRECTION TO SIX (6) OIL AND GAS LEASE TERMS AND AUTHORIZE CHAIR TO SIGN - GRIZZLY PETROLEUM COMPANY, LLC 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, on June 10, 2015, the Board approved six (6) Leases with Grizzly Petroleum Company, LLC, 1801 Broadway, Suite 500, Denver, CO 80202, recorded on June 12, 2015, and WHEREAS, the Board has been presented with a Correction to said six (6) Oil and Gas Lease term date between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Grizzly Petroleum Company, LLC, with terms and conditions being as stated in said correction, on all six leases, all being in the following described mineral acres: Section 11, Township 4 North, Range 67 West of the 6th P.M., Weld County, Colorado, as further described in attached document. WHEREAS, after review, the Board deems it advisable to approve said correction of lease term date, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Correction to said Oil and Gas Lease term date between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and Grizzly Petroleum Company, LLC, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said correction. 2015-2188 LE0375 LE0376 LE0377 LE0378 LE0379 LE0380 CORRECTION TO OIL AND GAS LEASE - GRIZZLY PETROLEUM COMPANY, LLC PAGE2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 20th day of July, A.D., 2015. BOARD OF COUNTY COMMISSIONERS WELD diedfievCOUNTY, COORADO Cam{ ��,,��,,//ATTEST: to%e1 Barbara Kirkmeyer Chair Weld County Clerk to the Boar. ike Freeman, Pro-Tern BY: r1 uty Clerk to the �' : �( . JT � - ean P. Conway PfVED A RM: citr: /�. Cozad oun y Attorney Steve Moreno Date of signature: All___ 2015-2188 LE0375 LE0376 LE0377 LE0378 LE0379 LE0380 Great Western OIL i OAS COMPANY Great Western Operating 303.398.0302 Company, LLC 866.742.1784 Fax 1801 Broadway,Suite 500 info@gwogco.com Denver,CO 80202 www.gwogco.com July 8, 2015 RECEIVED Karla Ford JUL 13 201 Deputy Clerk to the Board ' WELD COUNTY Weld County Board of Commissioners COMMISSIONERSP.O. Box 758 Greeley, CO 80632 RE:Correction of Oil&Gas Leases Dear Ms. Ford: Per our email correspondence dated July 2, 2015, enclosed, in duplicate, please find a Correction of Oil and Gas Lease Term document. Said document references those certain Oil & Gas Leases dated May 22, 2015 by and between the Board of County Commissioners of the County of Weld, as lessee, and Grizzly Petroleum Company, LLC, as lessor. As agreed upon, the Correction is intended to correct the primary term of the noted leases to end on May 22, 2018. Please have the Correction executed on behalf of the Weld County Board of Commissioners; and return one (1) copy of same to our office in the enclosed, self-addressed, stamped envelope. When available, a copy of the recorded document will be provided to you. Sincerely, asitiS6q Christy Jackson Lease Analyst Enclosure r 2015-2188 Correction of Oil and Gas Lease Term WHEREAS, the undersigned, 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, as lessor, did under date of May 22, 2015, execute unto Grizzly Petroleum Company, LLC, a Colorado Limited Liability Company certain Weld County Small-Tract Oil and Gas Leases ("Leases") as referenced herein on the attached Exhibit"A". AND WHEREAS, the lease term in the Leases referenced in the attached Exhibit"A" is incorrectly stated and is inaccurate, it is the intent of the undersigned to correct the language in the referenced Leases to read as follows: "TO HAVE AND TO HOLD said land, and all the right and privileges granted hereunder to Lessee until the hour of twelve o'clock noon on the 22nd day of May, 2018, as primary term, and so long thereafter as oil and gas, or either of them is produced in paying quantities from said land or Lessee is diligently engaged in bona fide drilling or reworking operations on said land, subject to the terms and conditions therein." NOW, THEREFORE, in consideration of the premises, and for the purpose of making said Leases more definite and certain in respect to the length of the primary term intended to be covered thereby, the undersigned does hereby declare that it was and is the intention of the undersigned to amend said Leases referenced in the attached Exhibit "A" in respect to the length of the primary term, as aforesaid, and ratify and adopt the same as so amended. WITNESS my hand thisp��� y da of fU L Y , 2015, to be effective May 22, 2015. ATTEST: �:40011,0) ��`►="'�i ' BOARD OF COUNTY COMMISSIONERS Weld County Clerk `S` �• �� ELD COUNTY, COLORADO 47,Lgig -,�. Deputy Clerk to th air, Board of Cou ty Commi inners � ►y� ;,,JUL 2 0 2015 STATE OF COLORADO COUNTY OF The foregoing instrument was acknowledged before me this QT day of \L{.L.y ,2015, by Barbara Kirkmeyer, Chair, Board of County Commissioners. Witness my hand and official seal. ,(-14LeC-) • Notary Public My Commission Expires: XO2-/ 9'c2 9/d CHERYL LYNN HEWITT NOTARY PUBLIC STATE OF COLORADO NOTARY ID 20144048044 MY COMMISSION EXPIRES DECEMBER 19,2018 4127639 Pages: 1 of 2 07/24/2015 10:52 AM R Fee:$0.00 Carly Koppes, Clerk and Recorder.. Weld County; CO ■III Pa VT «ie,440,I11 IN B1 II I 020�.� p2/1/ 00 Z0Z 0 N. .. ¢Ww Li) 2 Q m I O H LL - •• W N. Z O 2 Y w w- <0 Y 01 V O F H N I n FM IJ•I w I-. H W O -I 0- 2F I- -I 0 I„,< ZQ 1.3 a JQZ H YQa 5O .0 0yQ 2yF U 4 0 J a l7 0 m F O W pgS CC H 3 Q d H 0 V 1 Q O. 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Weld Count ill kIF.IIRt lii:lit lfiviI i`.T1 I� IIl1�'�Y«ii�,IiI Bill M M M m ^ I ° H H N H H n',TI I I I 1 C M M M M M M N N M M M M M Ri H H HHI NJ N4 NJ N N H H v 0 0 0 O O 0 *PLEASE KEEP AND SCAN IN TYLER* Notes for Raf aela Please send the Lease Correction Pages (2 legal pages) to Recording When the Oil and Gas Lease Correction comes back from Recording, 9 please be sure to make a copy to put with signed reso and mail the original to the following (envelope attached): Great Western Operating Company, LLC Attn: Christy Jackson 1801 Broadway, Suite 500 Denver, CO 8020 Thanks! Karla Date sent to Recording bate maid out e ``°A- t7, c:2,0/5 By Hello