OIL & GAS INVESTMENT OPPORTUNITY! Producing & Nonproducing Minerals | RI/ORRI- Revenue from 100 +/- Producing Wells
Auction Information
- Successful Auction
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Auction Details
ONLINE ONLY AUCTION
Bidding Begins Closing @ 2 P.M.
Mineral #1
35 Tracts of Minerals w/88 +/- Producing Oil & Gas Wells – Blaine, Dewey, Kingfisher, Canadian, Woodward, & Garvin Counties, OK
Legal: 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” for complete legal descriptions- link below titled “Mineral #1 Documents”)
NMA: 68.0196 +/-
Region: Stack
2022 Net Revenue Q1-Q2: $18,559.09
2021 1099 Net Revenue: $30,341.64
Production: See “Berman Estate Exhibit” for information- link below titled “Mineral #1 Documents”
Owner: The Benjamin a/k/a “Ben” Berman Revocable Trust
Mineral #2
RI/ORRI – Revenue from 100 +/- Producing Wells – Caddo, Canadian, Custer, Dewey, Ellis, Grady, Haskell, LeFlore, & Woodward Counties, OK; & Roberts & Zapata Counties, TX
Legal: 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 (click below “Webster Trust Exhibit” button for complete descriptions)
2021 1099 Net Revenue: $14,610.03
Owner: The EJ Webster Living Trust
Recent 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., OK
Mineral #3
Legal: 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 lease
Owner: JL Ake Living Trust
Mineral #4
Legal: Undivided ¼ 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 lease
Owner: JL Ake Living Trust
Mineral #5
Legal: 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 production
Owner: Mark Reynolds
Disclosure & Documents
General Statements
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.