Plan of Development for the Broomfield ProjectOil and Gas Operator Agreement • May 5th, 2016
Contract Type FiledMay 5th, 2016Extraction Oil & Gas, LLC (“Extraction”) proposes supplementing and updating the existing OIL AND GAS OPERATOR AGREEMENT (“Agreement”) between The City and County of Broomfield (“City”) and Extraction’s predecessor-in-interest, Sovereign Operating, LLC (“Sovereign”) to allow Extraction to consolidate its existing approved Well Sites from ten (10) sites to a total of three (3) sites and to change the name of the consolidated sites. Approving Extraction’s Supplement and Update to the Agreement will allow Extraction to reduce the aerial extent of its operations; reduce surface disturbance; generally minimize potential impacts to adjacent landowners; and be more consistent with the surface owner’s, McWhinney’s, proposed real estate development plans. This document herein shall be known as the “Extraction’s Proposed Development Plan.”