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HomeMy WebLinkAbout20142635.tiff �10 B ib WELD COUNTY LARGE-TRACT OIL AND GAS LEASE Containing 43.25 acres, more or less: Containing 43.25 net mineral acres, more or less: THIS LEASE AGREEMENT, dated this 25th day of August _, 20 14 , made and entered into by and between 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, for its respective interests, do BOARD OF COUNTY COMMISSIONERS, 1150 O STREET, P.Q. BOX 758, GREELEY, CO 80632, hereinafter called Lessor, and: hereinafter called Lessee: WITNESSETH WHEREAS, said Lessee has applied to Lessor for an oil and gas lease covering the land herein described, and has paid a filing fee in the amount of $10.00, plus a bonus consideration of $ per mineral acre, fixed by Lessor as an additional consideration for the granting of this lease, and Lessee agrees to pay an annual rental of $ 108.13 , computed at the rate of $2.50, per mineral acre or fraction thereof per year, and the following consideration: WHEREAS, all the requirements relative to said application have been duly complied with and said application has been approved and allowed by Lessor; THEREFORE, in consideration of the agreements herein, on the part of Lessee to be paid, kept and performed, Lessor does lease exclusively to Lessee for the sole and only purpose of drilling for, development of and production of oil and gas, or either of them, thereon and therefrom with the right to own all oil and gas so produced and saved therefrom and not reserved as royalty by Lessor under the terms of this lease, together with rights-of-way, easements and servitudes for pipelines, telephone and telegraph lines, tanks and fixtures for producing and caring for such product, and housing and boarding employees, and any and all rights and privileges necessary for the exploration and operation of said land for oil and gas, the following described land situated in the County of Weld, State of Colorado, and more particularly described as follows: SECTION TOWNSHIP RANGE 7 10N 61W DESCRIPTION OF LAND (attach exhibit if additional space is required) SW1/4 SW1/4 TO HAVE AND TO HOLD said land, and all the rights and privileges granted hereunder to Lessee until the hour of twelve o'clock noon on the 25th - day of August , 20 17 , as primary term, and so long thereafter as oil and gas, or either of them, is produced in paying quantities from said land or Lessee is diligently engaged in bona fide drilling or reworking operations on said land, subject to the terms and conditions herein. Drilling or reworking operations shall be deemed to be diligently performed if there is 2014-2635 (Revised 06/2014) 0i5�: Lt- r a) a) L- Z p ° 2 a E 32 au Cl II 3 iWQg Ag gwCtt 32. ,E If U itidiPJ ; il U g a 3U i c� 'g ��� t� c y Ep �• Q S a W w m 0 8 # s C3� o nil to ^^`` lijimliPli y � Eyq � ' f? E; iE C° f.� p€ s! z* it I.L CO OglE$WlooJ & L fr -z(2 0 . _ •..�. �.E .i< ..7n i 1i �i #s (. r• ei a ::• aI 0 V o .7 �..O \ W M g " 3 f 41 naafi ¢I n Ems N. lo a22. gfaNNo = o � G # Cn (.) ��(yy� 36 aE_ pv WR_� aa � -�� U) V �" � v Giari,84 i $ I I r i T - # -.a. weitineger• i -1.• •• 475k, f ». .. ♦ - ' ♦. • C . ' .},fi •' y '¢ ' • ,., I • - •:•a '. • `~ ' t4 t `� §''' . -4or • Q OO • L. O a) - ca a) • . U ca O 06 N Z ce) 1 C) N re Ice Karla Ford From: Kathy[ajkkirk1@aol.com] Sent: Monday,July 28,2014 1:39 PM To: Karla Ford Cc: rkerle@rkpinson.com Subject: Second tract nomination-Weld County Ladies and Gentlemen: R.K. Pinson&Associates, LLC, 621 17th Street,Suite 1555,Denver,Colorado 80293, wishes to have the following tract placed on the August 25,2014 Lease Auction Sale: Township io North. Range 61 West. 6th P.M. LE d`5.71 Section 7: Lot 4 (43.25),being the SW/4SW/4. J U Containing 43.25 acres, more or less. Should there be any questions regarding this matter,please advise the undersigned. Thank you, Kathy Kirkpatrick 970-371-0537 ajkkirkl(Taol.com 1 Hello