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HomeMy WebLinkAboutUpdated Revegetation Bond 03.01.2016LARAMIE ENERGY, LLC 1401 SEVENTEENTH STREET, SUITE 1400 DENVER, CO 80202 Karla Bagley Garfield County Treasurer 109 8th Street #204 Glenwood Springs CO 81601 Dear Karla Bagley, TEL: (303) 339-4400 FAX: (303) 339-4399 March 1, 2016 As of March 1, 2016, Laramie acquired 100% of OXY USA natural gas development and production assets in Garfield County, Colorado. This letter is intended to inform you of this acquisition and to formally acknowledge Laramie's assumption of the reclamation bonding responsibility for the following land use change permits: 1) LIPA-6-09-5959 Material Handling of Natural Resources 2) SUP #13509 Conn Creek Compressor Station 3) LIPA-08-13-7675 Pond 13 EW Centralized E&P Waste Management Facility 4) LIPA-03-14-7864 Pond 10 Water Storage/ E&P Waste Impoundment Facility 5) GRAD -3419 Shell 797-09A Pipeline Grading Permit Attached please find the formal bonding rider documentation required to accommodate Laramie's assumption of the permit documents noted above. If you have any questions regarding this action please feel free to contact me at rhP number listed below. Lorne C. Prescott Regulatory and Environmental Compliance Laramie Energy, LLC Piceance Energy Office: (970) 812-5311 CeII: (970) 210-6889 IprescottCailaramie-energy. com LICENSE OR PERMIT BOND NO. RLB0016392 KNOW ALL BY THESE PRESENTS, That we, Laramie Energy, LLC as Principal, and the RLI Insurance Company. 8 Greenway Plaza, Suite 400, Houston, TX 77046 , an Illinois corporation, as Surety, are held and finely bound unto Board of County Commissioners of Garfield County, Colorado, 108 8w Street, Suite 200. Glenwood Springs, CO 81601, as Obligee, in the sum of Twenty Thousand and No/100 --- - Dollars ($20.000.00 ------ ----) for which sum, well and truly to be paid, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has applied for a license or permit for Revegetation in conjunction with Land Use Change Permit for Material Handling of Natural Resources (LIPA-6-09-5959) in Garfield County, CO Parcel No. 2169-214-00-026. Section 29, Township 6 South, Range 97 West of the 6'h P.M. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT if the Principal shall well and truly comply with the Permit and conduct business in conformity therewith, then this obligation to be void; otherwise to remain in full force and effect. In no event shall the liability hereunder exceed the penal sum hereof. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT: 1. This obligation may be canceled by the Surety by giving thirty (30) days notice in writing of its intention to do so to the Obligee, and the Surety shall be relieved of any further liability under this Bond thirty (30) days after receipt of said notice by the Obligee, except for defaults occurring prior thereto. 2. The term of this Bond from February 22, 2016 to February 22, 2017. 3. Any claim must be presented in writing, during the term of this bond, to RLI Insurance Company, to the attention of Greg E. Chilson, 8 Greenway Plaza, Suite 400, Houston, Texas 77046. Any claims made outside the term of the bond shall be null and void and of no effect. 4. Surety shall have no obligation to the Principal, the Obligee or any other person or entity for any loss suffered by the Principal, the Obligee or any other person or entity by reason of acts or omissions which are or could be covered by the Obligee's or the Principal's general liability insurance, products liability insurance, completed operations insurance or any other insurance. 5. No right or action shall accrue under this Bond to or for the use or benefit of anyone other than the named Obligee 6. The Obligee will issue a release of this Bond within a reasonable period, but in no instance longer than thirty (30) days after termination of the Permit. 7. Regardless of the number of years this Bond is in force, or the number of continuation certificates issued, the liability of the Surety shall not be cumulative in amounts from period to period and shall in no event exceed the amount set forth above, or as amended by rider. IN WITNESS WHEREOF, the above bound parties have executed this instrument under their several seals this 22nd day of February, 2016, the name and corporate seal of each corporate party being hereto affixed and those presents duly signed by its undersigned representative pursuant to authority of its governing body. Laramie Energy, LLC By Brwae Principal z . P..40.e. RLI Insurance Company 8 Greenway Plaza, Suite Houston, TX 77046 By RLI RLI Surety A division of MI Insurance Company Know All Men by These Presents: RLB0016392 POWER OF ATTORNEY RLI Insurance Company That the RLE INSURANCE COMPANY, a corporation organized and existing under 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 JASON T. KILPATRICK 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: $20,000.00 Indemnity, Surety and Undertakings that may be desired by contract, or may be given in any action or proceeding in any court of law or equity; policies indemnifying employers against loss or damage caused by the misconduct of their employees; official, bail and surety and fidelity bonds. Indemnity in all cases where indemnity may be lawfully given; and with full power and authority to execute consents and waivers to modify or change or extend any bond or document executed for this Company, and to compromise 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 in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys -in -Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers -of -Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to be executed by its corporate seal affixed this ATTEST: CORPORATE SECRETARY State of Illinois } } SS County of Peoria } tttt1N 1 11 N I rrrrA 'i • 2 .e• pot/ ••A� = CC • _._ _ 'SEAL • ' • '•• %. 57* ',/'rri 1(1. l' O°`````` 'rrrrrfr r rlfl 100t PRESIDENT with its RLI INS E COMPANY �l! PRESIDENT. 1�'•J ti. On this 22 day of February, 2016 before me, a Notary Public, personally appeared Michael J. Stone and Jean M. Stephenson,, y duly sworn, acknowledged that they signed the above Power of Attorney as President and Corporate Secretary, respectively, of the said COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation. I 1 10. "OFFICIAL SEAL" PVeUC r JACQUELINE M. BOCKLER MI OF WNW COMMISSION EXPIRES 01/14/18 l 1 bye CE SPA028 (03/11) BOND NO. RLB0016396 LICENSE OR PERMIT KNOW ALL BY THESE PRESENTS, That we, Laramie Energy. LLC as Principal, and the RLI Insurance Company. 8 Greenway Plaza, Suite 400, Houston. TX 77046 , an Illinois corporation, as Surety, are held and firmly bound unto Board of County Commissioners of Garfield County. Colorado, 108 8th Street Suite 200, Glenwood Springs, CO 81601, as Obligee, in the sum of Fifteen Thousand Three Hundred Twenty and No/100---------- Dollars ($15,320.00-------) for which sum, well and truly to be paid, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has entered into a Special Use Permit (SUP #13509): Conn Creek Compressor Station — quantified surface are of 3.83 acres on private land. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT if the Principal shall well and truly comply with the Permit and conduct business in conformity therewith, then this obligation to be void; otherwise to remain in full force and effect. In no event shall the liability hereunder exceed the penal sum hereof. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT: This obligation may be canceled by the Surety by giving thirty (30) days notice in writing of its intention to do so to the Obligee, and the Surety shall be relieved of any further liability under this Bond thirty (30) days after receipt of said notice by the Obligee, except for defaults occurring prior thereto. The term of this Bond is from February 22, 2016 to February 22, 2017. Any claim must be presented in writing, during the term of this bond, to RLI Insurance Company, to the attention of Greg E. Chilson, 8 Greenway Plaza, Suite 400, Houston, Texas 77046. Any claims made outside the term of the bond shall be null and void and of no effect. Surety shall have no obligation to the Principal, the Obligee or any other person or entity for any loss suffered by the Principal, the Obligee or any other person or entity by reason of acts or omissions which are or could be covered by the Obligee's or the Principal's general liability insurance, products liability insurance, completed operations insurance or any other insurance. No right or action shall accrue under this Bond to or for the use or benefit of anyone other than the named Obligee. The Obligee will issue a release of this Bond within a reasonable period, but in no instance longer than thirty (30) days after termination of the Permit. Regardless of the number of years this Bond is in force, or the number of continuation certificates issued, the liability of the Surety shall not be cumulative in amounts from period to period and shall in no event exceed the amount set forth above, or as amended by rider. IN WITNESS WHEREOF, the above bound parties have executed this instrument under their several seals this 22nd day of February, 2016, the name and corporate seal of each corporate party being hereto affixed and those presents duly signed by its undersigned representative pursuant to authority of its governing body. Laramie Energy, LLC By Principal Br *co i.. Blei t?,ras :,rles 4 RLI insurance Company 8 Greenway Plaza, Suite 400 Houston, TX 77046 f =: 1) _i1 r, son T. Ki l • = trick;ttorney-in-Fait ) ,l ,,�1,`,�` 1 • I11tli RLI' RU Surety A division of RU Insurance Company Know All Men by These Presents: RLB0016396 POWER OF ATTORNEY RLI Insurance Company That the RLI INSURANCE COMPANY, a corporation organized and existing under 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: JASON T. KILPATRICK 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: $15,320.00.00 Indemnity, Surety and Undertakings that may be desired by contract, or may be given in any action or proceeding in any court of law or equity; policies indemnifying employers against loss or damage caused by the misconduct of their employees; official, bail and surety and fidelity bonds. Indemnity in all cases where indemnity may be lawfully given; and with full power and authority to execute consents and waivers to modify or change or extend any bond or document executed for this Company, and to compromise 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 in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys -in -Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers -of -Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to be executed by its corporate seal affixed this State of Illinois County of Peoria ATTEST: CORPORATE SECRETARY ) ss ) • PRESIDENT with its RLI INS E COMPANII, ', .-) PRESIDENT I - • On this 22 day of February. 2016 before me, a Notary Public, personally appeared Michael J. Stone and Jean M. Stephenson, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as President and Corporate Secretary, respectively, of the said RLI INSURANCE COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation. /iT . �ItL>piG otary Public NOTARY PUBLIC STATE OF ILLINOIS "OFFICIAL SEAL" JACQUELINE M. BOCKLER COMMISSION EXPIRES 01/14/18 i r 4 SPA028 (03/11) BOND NO. RLB0016395 LICENSE OR PERMIT KNOW ALL BY THESE PRESENTS, That we, Laramie Energy. LLC as Principal, and the RLI Insurance Company, 8 Greenway Plaza, Suite 400, Houston, TX 77046 , an Illinois corporation, as Surety, are held and firmly bound unto Board of County Commissioners of Garfield County, Colorado. 108 IP Street, Suite 200, Glenwood Springs. CO 81601, as Obligee, in the sum of Seventeen Thousand Five Hundred and No/100------------- Dollars ($17,500.00----------) for which sum, well and truly to be paid, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has applied for a license or permit for Revegetation bond for Pond 13 ENV Water Impoundment Project. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT if the Principal shall well and truly comply with the Permit and conduct business in conformity therewith, then this obligation to be void; otherwise to remain in full force and effect. In no event shall the liability hereunder exceed the penal sum hereof. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT: 1. This obligation may be canceled by the Surety by giving thirty (30) days notice in writing of its intention to do so to the Obligee. and the Surety shall be relieved of any further liability under this Bond thirty (30) days after receipt of said notice by the Obligee, except for defaults occurring prior thereto. 2. The term of this Bond is from February 22, 2016 to February 22, 2017. 3. Any claim must be presented in writing, during the term of this bond, to RLI Insurance Company, to the attention of Greg E. Chilson, 8 Greenway Plaza, Suite 400, Houston, Texas 77046. Any claims made outside the term of the bond shall be null and void and of no effect. 4. Surety shall have no obligation to the Principal, the Obligee or any other person or entity for any loss suffered by the Principal, the Obligee or any other person or entity by reason of acts or omissions which are or could be covered by the Obligee's or the Principal's general liability insurance, products liability insurance, completed operations insurance or any other insurance. 5. No right or action shall accrue under this Bond to or for the use or benefit of anyone other than the named Obligee. 6. The Obligee will issue a release of this Bond within a reasonable period, but in no instance longer than thirty (30) days after termination of the Permit. Regardless of the number of years this Bond is in force, or the number of continuation certificates issued, the liability of the Surety shall not be cumulative in amounts from period to period and shall in no event exceed the amount set forth above, or as amended by rider. IN WITNESS WHEREOF, the above bound parties have executed this instrument under their several seals this 22nd day of February, 2016, the name and corporate seal of each corporate party being hereto affixed and those presents duly signed by its undersigned representative pursuant to authority of its governing body. Laramie Energy, LLC Principal By 3ru.G e L , ?a -14e. PrG6:4iGr+ RLI Insurance Company 8 Greenway Plaza, Suite 400 Houston, TX 77046 ; Surely Jason T. Kilpatri Anot y-in=Fact• JI�II,.'i `l`'.. RLI' RLI Surety A division of RIl insurance Company Know All Men by These Presents: RLB0016395 POWER OF ATTORNEY RLI Insurance Company That the RLI INSURANCE COMPANY, a corporation organized and existing under 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. JASON T. KILPATRICK in the City of HOUSTON , State of TEXAS , as Attomey-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, ail of the following classes of documents to -wit: $17,500.00.00 Indemnity, Surety and Undertakings that may be desired by contract, or may be given in any action or proceeding in any court of law or equity; policies indemnifying employers against loss or damage caused by the misconduct of their employees; official, bail and surety and fidelity bonds. Indemnity in all cases where indemnity may be lawfully given; and with full power and authority to execute consents and waivers to modify or change or extend any bond or document executed for this Company, and to compromise and settle any and all claims or demands made or existing against said Company. The RLI INSURANCE COMPANY further certifies that the following is a true and exact copy of a Resolution adopted by the Board of Directors of RLI Insurance Company, and now in force to -wit: "All bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys -in -Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers -of -Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to be executed by its corporate seat affixed this ATTEST: CORPORATE SECRETARY State of Illinois County of Peoria ) SS ``\\\Illllll llllllllll,'' 0...034CE CO • F. '•SEAL • • 4C1NO�g rill lllllllllll\\\ P$ $QENT with its RLI INS • • ril, : , CE COMFI Y. ,, •' . • PRES DO'IT LA0'%sl�ii I Oi i .'111 On this 22 day of February, 2016 before me, a Notary Public, personally appeared Michael J. Stone and Jean M. Stephenson, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as President and Corporate Secretary, respectively, of the said RLI INSURANCE COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation. 1 1 "OFFICIAL SEAL" JACQUELINE M. BOCKLER COMMISSION EXPIRES 01/14/18 NOTARY PUBLIC STATE OF IWNOIS SPA028 (03/11) BOND NO. RLB0016394 LICENSE OR PERMIT KNOW ALL BY THESE PRESENTS, That we, Laramie Energy, LLC as Principal, and the RLI Insurance Company. 8 Greenway Plaza, Suite 400, Houston. TX 77046 , an Illinois corporation, as Surety, are held and firmly bound unto Board of County Commissioners of Garfield County, Colorado. 108 8th Street, Suite 200, Glenwood Springs, CO 81601 as Obligee, in the sum of Four Thousand Seventy Five and No/100 Dollars ($4.075.00----------) for which sum, well and truly to be paid, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has applied for a license or permit for Pond 10 Project: converting Pond 10 North and Pond 10 South into one pond. This bond is to secure compliance with the Garfield County Vegetation Management Department. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT if the Principal shall well and truly comply with the Permit and conduct business in conformity therewith, then this obligation to be void; otherwise to remain in full force and effect. In no event shall the liability hereunder exceed the penal sum hereof. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT: 1. This obligation may be canceled by the Surety by giving thirty (30) days notice in writing of its intention to do so to the Obligee, and the Surety shall be relieved of any further liability under this Bond thirty (30) days after receipt of said notice by the Obligee, except for defaults occurring prior thereto. 2. The term of this Bond is from February 22, 2016 to February 22, 2017. 3. Any claim must be presented in writing, during the term of this bond, to RLI Insurance Company, to the attention of Greg E. Chilson, 8 Greenway Plaza, Suite 400, Houston, Texas 77046. Any claims made outside the term of the bond shall be null and void and of no effect. 4. Surety shall have no obligation to the Principal, the Obligee or any other person or entity for any loss suffered by the Principal, the Obligee or any other person or entity by reason of acts or omissions which are or could be covered by the Obligee's or the Principal's general liability insurance, products liability insurance, completed operations insurance or any other insurance. 5. No right or action shall accrue under this Bond to or for the use or benefit of anyone other than the named Obligee. 6. The Obligee will issue a release of this Bond within a reasonable period, but in no instance longer than thirty (30) days after termination of the Permit. 7. Regardless of the number of years this Bond is in force, or the number of continuation certificates issued, the liability of the Surety shall not be cumulative in amounts from period to period and shall in no event exceed the amount set forth above, or as amended by rider. IN WITNESS WHEREOF, the above bound parties have executed this instrument under their several seals this 22nd day of February, 2016, the name and corporate seal of each corporate party being hereto affixed and those presents duly signed by its undersigned representative pursuant to authority of its governing body. Laramie Energy. LLC By t.., 7 _ rL. y.�w¢ , RLI Insurance Company 8 Greenway Plaza, Suite 400 Houston, TX 77046 ?re,:J.e .r By Principal .. `ja 1r , 9. .^S ,. Sufi' -- ; RLI RLI Surety A dh3sion of P1) insurance Company Know All Men by These Presents: RLB0016394 POWER OF ATTORNEY RLI Insurance Company That the RLI INSURANCE COMPANY, a corporation organized and existing under 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 JASON T. KILPATRICK 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: $4,075.00 Indemnity, Surety and Undertakings that may be desired by contract, or may be given in any action or proceeding in any court of law or equity; policies indemnifying employers against loss or damage caused by the misconduct of their employees; official, bail and surety and fidelity bonds. Indemnity in all cases where indemnity may be lawfully given; and with full power and authority to execute consents and waivers to modify or change or extend any bond or document executed for this Company, and to compromise 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 01 the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys -in -Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers -of -Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to be executed by its PRESIDENT with its corporate seat affixed this State of Illinois County of Peoria ATTEST: CORPORATE SECRETARY } ) SS } On this 22 day of February, 2016 before me, a Notary Public, personally appeared Michael J. Stone and duly sworn, acknowledged that they signed the above Power of Attorney as President and Corporate Secretary, COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation. otary Public "OFFICIAL SEAL" NOTARY PUBLIC STATE O% ILLINOIS JACQUELINE M. BOCKLER COMMISSION EXPIRES 01/14/18 1 1 1 11. I Jean M. Stenhensonj who: being by :•ne= respectively, 4f the- d4RL-I-TNSURANCE; 1/71.1 ``11 �u�.:ii},15411,5 SPA028 (03/11) LICENSE OR PERMIT BOND NO. RLB0016393 KNOW ALL BY THESE PRESENTS, That we, Laramie Energy, LLC as Principal, and the RLI Insurance Company, 8 Greenwav Plaza, Suite 400, Houston, TX 77046 , an Illinois corporation, as Surety, are held and firmly bound unto Board of County Commissioners of Garfield County, Colorado, 108 8th Street, Suite 200, Glenwood Springs, CO 81601, as Obligee, in the sum of Forty One Thousand Five Hundred and No/100 ----- Dollars ($41,500.00 ) for which sum, well and truly to be paid, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has applied for a license or permit for Shell 797-09A Pipeline Grading in Garfield County, CO. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT if the Principal shall well and truly comply with the Permit and conduct business in conformity therewith, then this obligation to be void; otherwise to remain in full force and effect. In no event shall the liability hereunder exceed the penal sum hereof. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT: 1. This obligation may be canceled by the Surety by giving thirty (30) days notice in writing of its intention to do so to the Obligee, and the Surety shall be relieved of any further liability under this Bond thirty (30) days after receipt of said notice by the Obligee, except for defaults occurring prior thereto. The term of this Bond is from February 22, 2016 to February 22, 2017. Any claim must be presented in writing, during the term of this bond, to RLI Insurance Company, to the attention of Greg E. Chilson, 8 Greenway Plaza, Suite 400, Houston, Texas 77046. Any claims made outside the term of the bond shall be null and void and of no effect. Surety shall have no obligation to the Principal, the Obligee or any other person or entity for any loss suffered by the Principal, the Obligee or any other person or entity by reason of acts or omissions which are or could be covered by the Obligee's or the Principal's general liability insurance, products liability insurance, completed operations insurance or any other insurance. No right or action shall accrue under this Bond to or for the use or benefit of anyone other than the named Obligee. The Obligee will issue a release of this Bond within a reasonable period, but in no instance longer than thirty (30) days after termination of the Permit. Regardless of the number of years this Bond is in force, or the number of continuation certificates issued, the liability of the Surety shall not be cumulative in amounts from period to period and shall in no event exceed the amount set forth above, or as amended by rider. IN WITNESS WHEREOF, the above bound parties have executed this instrument under their several seals this 22nd day of February, 2016, the name and corporate seal of each corporate party being hereto affixed and those presents duly signed by its undersigned representative pursuant to authority of its governing body. Laramie Enemy, LLC By 7067 Principal w.ae L. ��`-�"'.�° Pre s;dd... - RLI Insurance Company 8 Greenway Plaza, Suite 400 Houston, TX 77046 By Yson T. Surety 1 Kilp trick_l,�otf"r�e in� act' 1•.IIIi14100'y151 RLI RLI Surety A dfvtc!'on of Rif tnsuranCE Company Know All Men by These Presents: RLB0016393 POWER OF ATTORNEY RLI Insurance Company That the RLI INSURANCE COMPANY, a corporation organized and existing under 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 JASON T. KILPATRICK 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: $41,500.00 Indemnity, Surety and Undertakings that may be desired by contract, or may be given in any action or proceeding in any court of law or equity; policies indemnifying employers against loss or damage caused by the misconduct of their employees; official, bail and surety and fidelity bonds. Indemnity in all cases where indemnity may be lawfully given; and with full power and authority to execute consents and waivers to modify or change or extend any bond or document executed for this Company, and to compromise 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 in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorise. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys -in -Fact or Agents who shall have authority to issue bonds, policies, or undertakings in the name of the Company_ The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers -of -Attorney, or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to be executed by its corporate seal affixed this ATTEST: State of Illinois County of Peoria CORPORATE SECRETARY } ) SS } PRESIDENT with its RUINS CE COMPANY PRESIDENT On this 22 day of February 2016 before me, a Notary Public, personally appeared Michael J. Stone and Jean M. Stephenson,3vho, by me. - duly sworn, acknowledged that they signed the above Power of Attorney as President and Corporate Secretary, respectively, of the said' 'IP[aMANCE s$ COMPANY, and acknowledged said instrument to be the voluntary act and deed of said corporation. • I ► "OFFICIAL SEAL" NOTARY = ruauc : JACQUELINE M. BOCKLER STATEOF ®� COMMISSION EXPIRES 01/14/18 t t t erg "+in I IA�j�s1�� SPA028 (03/11)