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9/15 OIL & GAS INVESTMENT OPPORTUNITY!

  Status: Closed
 
This auction has closed

View all auctions in Oklahoma
Type:

Internet-only (timed) auction

By:

Wiggins Auctioneers, LLC

  Web
At:

ONLINE ONLY, 802 W. Maine, Suite B, Enid, Oklahoma, 73701. USA. tel: 580-233-3066

Started:
15th Aug, 2022
Ended: 15th Sep, 2022
View: Enid Auctions Oklahoma Auctions
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OIL & GAS INVESTMENT OPPORTUNITY!Producing & Nonproducing MineralsRI/ORRI- Revenue from 100 +/- Producing WellsDesirable Oklahoma & Texas CountiesONLINE ONLY AUCTIONThursday - September 15th, 2022 - Begins Closing @ 2 PMMineral #135 Tracts of Minerals w/88 +/- Producing Oil & Gas Wells - Blaine, Dewey, Kingfisher, Canadian, Woodward, & Garvin Counties, OKLegal: Seller's share of mineral interests in, under, & to tracts of land located in Blaine, Dewey, Kingfisher, Canadian, Woodward, & Garvin Counties, OK (see Order for Distributing Estate in "Mineral #1 Documents" link for complete legal descriptions)NMA: 68.0196 +/-Region: Stack2022 Net Revenue Q1-Q2: $18,559.092021 1099 Net Revenue: $30,341.64Production: See "Berman Estate Exhibit" in "Mineral #1 Documents" link Owner: The Benjamin a/k/a "Ben" Berman Revocable TrustMineral #2RI/ORRI - Revenue from 100 +/- Producing Wells - Caddo, Canadian, Custer, Dewey, Ellis, Grady, Haskell, LeFlore, & Woodward Counties, OK; & Roberts & Zapata Counties, TXLegal: Seller's share of royalty interests in producing oil & gas wells located in Caddo, Canadian, Custer, Dewey, Ellis, Grady, Haskell, LeFlore, & Woodward Counties, OK; & Roberts & Zapata Counties, TX (see "Webster Trust Exhibit" for complete descriptions)2021 1099 Net Revenue: $14,610.03Owner: The EJ Webster Living TrustRecent Activity: OCC filings by Continental Resources to establish horizontal drilling & spacing units, increase density, & for multiunit horizontal well; & by Kaiser-Francis Oil Company for horizontal spacing & multiunit horizontal well, both in 30-6N-6W, Grady Co., OKMineral #3Legal: All minerals in, under, and to NE/4 Sec. 35, Twp. 21N, R15 W.I.M., Major Co., OK NMA: 160 +/-Lease: appears to be nonproducing & open for leaseOwner: JL Ake Living TrustMineral #4Legal: Undivided interest of minerals in, under, and to S/2 SE/4 Sec. 20, Twp. 23N, R11 W.I.M., Major Co., OK NMA: 20 +/-Lease: appears to be nonproducing & open for leaseOwner: JL Ake Living TrustMineral #5Legal: Undivided 1/12th interest of minerals in, under, and to NE/4 Sec. 19, Twp. 25N, R5 W.I.M., Grant Co., OK NMA: 13.333 +/-Production: appears to be hbp from the Reynolds #1-19, operated by Anadarko Minerals, Inc., no recent productionOwner: Mark ReynoldsTerms & Conditions: A 10% Buyer's premium will be added to the high bid in the auction to determine the purchase price of each tract. 10% of the purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of merchantable title, at closing. Buyers will have 30 days to examine the county records and satisfy themselves as to the title. Title will transfer by Limited Warranty Deed. Closing is to be on or by October 31, 2022. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, production, etc. prior to auction day. Any announcements made the day of the auction supersede all advertising.