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)
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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
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