135 +/- Total Mineral Acres

MINERALS

Tract #1

Legal Description: The Seller’s share (an undivided ½ interest) of minerals & mineral interest in, under, & to the E/2 NE/4 & the N/2 NE/4 SE/4 & the SE/4 NW/4 NE/4 of Sec. 10, Twp. 2N, R1 W. of the I.B.M., Garvin Co., OK
Location:  Same section as Farm #1
NMA: 55 +/- 
Production: Appears to be non-producing and open for lease 

Tract #2

Legal Description: The Seller’s share (an undivided 2/3 interest) of minerals & mineral interest in, under, & to the E/2 SE/4 & the E/2 W/2 SE/4 of Sec. 3, Twp. 2N, R1 W. of the I.B.M., Garvin Co., OK
Location: Same section Farm #2
NMA: 80 +/-
Production: Appears to be non-producing and open for lease

Terms & 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 20 days to examine the county records and satisfy themselves as to the title. Title will transfer by Limited Warranty Deed and/or by other appropriate deed or assignment. Closing is to be on or by July 7, 2025. 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.