HomeMy WebLinkAbout1.09 Financial assurance documentATTACHMENT H
ENCANA FINANCIAL ASSURANCE DOCUMENT
State of Colorado
Oil and Gas Conservation Commission
1120 Lincoln Swot. Suits 8Qj,-t nvel, Colorado Is0Z03 1,303t 894.2109 Fax 13031 894.2109
PERFORMANCE BOND
BOND NO: RLB00 s 815 . This bond is a perpetual
instrument which shall remain in force and effect until all obligations have been met and
the bond is released by the Colorado 011 and Gas Conservation Commission.
too acre usi eau
Surety Provider No:
0000 Oper. No:
FATS No:
KNOW ALL PERSONS BY THESE PRESENTS, That We, EnCana Oil . & . Gas (USA) Inc: of
the County of Denver . , in the State of Colorado as principals.
and RLI Insurance company , as surety, authorized to do business in the State of Colorado,
are held hereby and firmly bound unto the State of Colorado, in the penal sum of (S 50 t 000.00 J.
Fifty Thousand and no/100 Dollars, lawful money of the United States, for the faithful payment of which
we hereby bind ourselves, our heirs, executors, administrators and assigns,
The condition of this obligation is that whereas the above bounden principals propose the following oil and gas
operation(s) on lands situated In the State of Colorado.
Type of Bond
Plugging
Surface
Seismic
E&P Waste Faclty
Downstream Gas
Facilities
Coverage
Blanket
Individual
o Plugging 1 well
❑ Surface for i well
❑ Irrigated
❑ Non - irrigated
E.XCOSs Inactive Wells
Location
Complete for individual Bonds
Well Name and Number.
Owner elands where off -site land-treatment fecilit►.Is located:
QUKttr. Sec, Top, Rm. Meridian:
NOW, THEREFORE, If the above bounden principals shall comply with all of the provisions of the lava of the State
of Colorado and the rules, regulations and requirements of the Oil and Gas Conservation Commission of the State of
Colorado, with reference to properly plugging of Said well or wells; with reference to land damages and the restoration of the
land, as nearly as possible, to its condition at the beginning of the lease; with reference to seismic operations the proper
surface restoration and plugging of any shot holes, then this obligation is void; otherwise, the same shall be and remain in full
force and effect
Witness our hand. E 3 day of May •
2005
Principal; EnCana Oil & Gas (USA) Inc.
Address; 950 17th Street, *2600
City: Denver
Phone:
State: CO Zip: 80202
Fax:
Name Printed: Don i McClure -
Witness our hands, Is 13 day of ayy ,
Signed: /7( /. O!
Surety: RLI Insurance Company
Address: 8 Greenway Plaza, Suite 400
City; Houston State: TX Zip: 77046
Phone: 713 -961 -1300 Fax 713 -961 -0285
2005
Name Printed: Paul M. O'Sullivan, Attorney-in-Fact
Approved:
Dated:
i
Director. Olt end Gas Conservation Commission
Bond Release
Approved:
Release Date:
Director, Oil and Gas Conservation C=mission
RLI.
ALI Insurance Company j 9025 North Lindbergh Dr.
Peoria, IL 61615 -1499 I Ph. 1309) 692.1000
Know All Men by These Presents;
RLB0008158
POWER OF ATTORNEY
RLI insurance Company
That the RLI INSURANCE COMPANY. a corporation organized and existing Linder the laws of the State of Illinois, and authorized and licensed
to do business in all states and the District of Columbia does hereby make, constitute and appoint: PAUL M. O'SULLIVAN
in. the City of ,HOUSTON . State of TEXAS , as Attorney- in•Fact, with full power and authority hereby conferred upon him to sign,
execute, acknowledge and deliver for and on its behalf as Surety and as its act and deed, all of the following classes of documents to -wit:
$50,000.00
Indemnity, Surety and Undertakings that may be desired by contract, or may be given in any action or proceeding iivany court of law
or equity; policies indemnifying employers against loss or damage caused by the misconduct of their employees) official, bar! aril',
surety and fidelity bonds. Indemnity in all, cases where indemnity may be lawfully given; and with frill power and aftr,1,ho_rit4to
execute consents and waivers to Modify or change or extend any bond or document executed for this Company, :ancl to am remise
and settle any and all claims or demands made or existing against said Company.
The RLI INSURANCE COMPANY further certifies that the following is a true and exact copy of a Resolution adopted by the Board of
Directors of RLI Insurance Company, and now in force to -wit:
All bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation shall be executed_tn the corporate
name of. the Company: by the President, Secretary, any Assistant Secretary, Treasurer; or any Vice President orb, such ot1 eOfit ers
as the Board of Directors may. authorize. The President, any Vice President, Secretary, any Assistant Secretary, orti the Ttea3tirer Mai
appoint Attorneys -in -Fact or Agents who- shall have authority to issue hands, policies, or iindertakiligs in the Yarn f.t.he''Oonnp,any
The corporate seal is not necessary for the validity of any bonds, policies, undertakings. Powers.oFAtforneyi or othier obligation's of
the corporation, the signature of a'ny such officer and ;Tie corporate seal may be printed by facsiniilei"
(blue shaded area above indicate authenticity)
IN WITNESS WHEREOF, the NA Insurance Company has caused these presetits to be executed by its eft.ESIDI;NT, CEt_with its
corporate seal affixed this
A1"FEST:
State of Illinois 1
SS
County of Peoria
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Rid INSURANCE COMPANY
President, CEO
On this 13 day of May, 2005 before me, a Notary Public, personally appeared Micbael I. Stone and Camille J. Nensev, who being by me
duly sworn, acknowledged that they signed the above Power of Attorney as President, CEO and Corporate Secretary, respectively, of the said RLI
INSURANCE COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation.
Notary Public
Moit/901
UICS 904 (03/04)