Investment Opportunity! 255 +/- Net Mineral Acres in 6 Tracts Alfalfa, Woods, & Noble Co., OK

Auction Information

Auction Location:

Springhill Suites by Marriott
5815 KL Drive, Enid, OK 73703

Auction Date:

Thurs., 04.14.22
| 10:00 A.M.

Auction Managers:

Lynsie Sturgeon

|

580.554.2633

Alfalfa County, OK

Mineral #1A

Legal:  An undivided 2/3 interest of an undivided 1/3 interest in, under, and to the SE/4 6-24N-9W, Alfalfa Co., OK
Approx. Location: from the W. edge of Goltry, 2 miles W. & 3 miles N.
NMA: 35.56 +/-
Lease: appears to be nonproducing & open for lease
Owner: The Estate of Dorotha E. Woodford (Terry Woodford & Steve Woodford)

Mineral #1B

Legal: An undivided 2/3 interest of an undivided 1/6 interest in, under, and to the SW/4 25-24N-10W, Alfalfa Co., OK
Approx. Location: from the W. edge of Goltry, 4 miles W. & ½ mile S.
NMA: 17.76 +/-
Lease: appears to be nonproducing & open for lease
Owner: The Estate of Dorotha E. Woodford (Terry Woodford & Steve Woodford)

Mineral #1C

Legal: An undivided 2/3 interest of an undivided 1/6 interest in, under, and to the E/2 NE/4 35-24N-10W, Alfalfa Co., OK
Approx. Location: SW across rd. from above Mineral #1 B
NMA: 8.88 +/-
Lease: appears to be nonproducing & open for lease
Owner: The Estate of Dorotha E. Woodford (Terry Woodford & Steve Woodford)

Woods County, OK

Mineral #2

Legal: An undivided ¾ interest of minerals in, under, and to the SW/4 16-24N-14W, Woods Co., OK
Approx. Location: Located from Jct. SH 45/US 281 (10 mi. E. of Waynoka / 12 mi. W. of Carmen), .3 mi. W. on US 281, then 3 mi. S. on CR 430 Rd. & 1 ½ mi. W. on Carter Rd.
NMA: 120 +/-
Lease: appears to be nonproducing & open for lease
Owner: The Samuel E. & Lois D. McCray Rev. Trust

Noble County, OK

Mineral #3

 Legal: Seller’s share of minerals in, under, & to the NW/4 35-22N-1W, Noble Co., OK
Approx. Location: 2 ½ miles N. of Perry, OK on Hwy. 77
NMA: 29.64 +/-
Lease: appears to be nonproducing & open for lease
Owner: Lora J. Richardson & Christopher D. Richardson

Mineral #4

 Legal: Undivided 40 NMA in, under, and to the N/2 NE/4 11-24N-1W, Noble Co., OK
Approx. Location: from SH 156/US 77 (W. of Marland), 2 miles N. & ½ mile E.
NMA: 40 +/-
Lease: held by OGL shut-in clause to Cheyenne Oil Properties, filed in Book 0837, Pages 0271-0272
Owner: Jerry R. Sorrels

Disclosure & Documents

General Statements

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. Closing is to be on or by May 30, 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.