Multi-County Mineral Auction | Producing & Nonproducing Mineral Interests | Major, Garfield, & Noble Co., OK
Auction Information
- Successful Auction
Auction Date:
Auction Managers:
Main Features
NOTE: Mineral #1 has been postponed due to Attorney’s failure to perform the title report as promised.
Mineral #1
TBA +/- NMA- Major Co., OK
Legal: Seller’s share of minerals in, under, and to the W. 1/3 of the S/2 7-22N-10W, Major Co., OK
Location: approx. 3.7 miles W. of the Ringwood Jct. (US 412 & SH 58) on US 412
NMA: TBA +/-
Lease: appears nonproducing & open for lease
Source: Title report by Taylor Venus
Seller: The Myron E. & Doris C. Mosher Trust
Mineral #2
80 +/- NMA- Garfield Co., OK
Legal: Undivided ½ interest of minerals in, under, and to the SW/4 34-21N-5W, Garfield Co., OK
Location: from mile line W. of Douglas, 3 miles W., then ½ mile S.
NMA: 80 +/-
Production: appears to be nonproducing & open for lease
Source: Information provided by Seller
Seller: Edward Mack Trust
Mineral #3
80 +/- NMA- Garfield Co., OK
Legal: Undivided ½ interest of minerals in, under, and to the SW/4 2-20N-5W, Garfield Co., OK
Location: from mile line W. of Douglas, 2 miles W., then 1 ½ mile S.
NMA: 80 +/-
Production: appears to be from the Myrna 1 w/RI 0.150000000 (RI is for entire SW/4- 160 +/- Ac.)
2024 Net Income: $23.41
Source: Information provided to me by Seller
Seller: Edward Mack Trust
Mineral #4
80 +/- NMA- Noble Co., OK
Legal: Undivided ½ interest of minerals in, under, and to the SE/4 33-23N-2W, Noble Co., OK
Location: From the Jct. of I-35 & US 412, 4 ½ miles W. on US 412, then 1 ½ miles N.
NMA: 80 +/-
Production: appears to be nonproducing & open for lease
Source: Mineral ownership report by Tim Dolezal
Seller: Lori Callagher
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 and/or by other appropriate deed or assignment. Closing is to be on or by May 27, 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.