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999 <br /> COPY <br /> SURFACE DAMAGE AGREEMENT <br /> WHEREAS, VARRA SAND AND GRAVEL, INC. 2130 S. 96th St. , <br /> Broomfield, CO 80020, hereinafter referred to as ("OWNERS") are <br /> the owners of the surface and mineral estate of the Northwest <br /> Quarter (less and except a 10 acre parcel in the NW/4NW/NW/4) of <br /> Section Thirty-one (31) , Township Three (3) North, Range Sixty- <br /> seven (67) West of the 6th P.M. , Weld County, Colorado, herein <br /> after referred to as ("the Premises") ; and <br /> WHEREAS, Snyder Oil Corporation, ("Snyder") is the holder of <br /> an Oil and Gas Lease concerning the Premises by which it may <br /> explore the' Premises for the development and production of oil, gas <br /> and associated hydrocarbon substances; and <br /> WHEREAS, the parties desire to settle and agree upon the <br /> matter of compensation for damages that may be caused to the <br /> Premises as a result of such exploration, development and <br /> production; and <br /> WHEREAS, Snyder proposes to drill a Dakota/"ill Sand well <br /> identified as the Varra Cos. 31-6L located in the SE/4NW/4; being <br /> in Section 31, T3NR67W, being according to and within the governing <br /> regulations of the County of Weld and State of Colorado. Such well <br /> shall have a bottom hole location of 1650' FNL and 1650' FWL, more <br /> or less, which is located in the southeastern corner of the "legal <br /> drilling window", as defined by The Colorado Oil & Gas Conservation <br /> Commission ("COGCC") . It is agreed by the parties hereto that the <br /> surface drilling location of such well shall be situated at the <br /> approximate footages of 2, 606' FNL and 2, 438' FWL. The location is <br /> situated outside of the existing gravel pit operation, which <br /> encompasses a majority of the NW/4 of said Section 35. This <br /> surface drilling location may be slightly altered to a westerly <br /> and/or north/south direction, not to exceed fifty feet (501 ) in <br /> order to allow for the drilling rig placement and/or the permanent <br /> separator/stock tank placement nearby. Thus, it is recognized by <br /> the parties hereto that said well will be drilled on a "slant hole <br /> or deviated" basis, as opposed to a "straight hole or true <br /> vertical" basis. <br /> NOW, THEREFORE, in consideration of the payment of sums of <br /> money described hereinbelow and other valuable consideration to be <br /> paid to the Owners by Snyder, the parties hereby agree as follows: <br /> 1. Snyder shall pay Owner, prior to commencement of Snyder's <br /> earth moving operations in connection with the above-described <br /> well7� the sum of Twelve Thousand Five Hundred dollars <br /> ($12 , 500. 00) . Said sum shall constitute payment for all damages <br />