Investment Opportunity! 243 +/- Net Mineral Acres in 7 Tracts

November 4th, 2021
| 10:00 A.M.

Auction Location

Meeting Room #1 of the Pavilion of the Chisolm Trail Expo Center
111 W. Purdue, Enid, OK 73701

Auction Manager/s

Lynsie Sturgeon
| 580.554.2633

Garfield County, OK

Mineral #1

Legal:  Seller’s share of minerals and mineral interest in, under, and to the SE/4 of Sec. 25, Twp. 24N, R8 W.I.M., Garfield Co., OK

Approx. Location: from Carrier, 3 miles N.

NMA: 33.33 +/-

Production: appears to be from the Bowers 1-25H

2020 Net Revenue: 1099 reflects 1,198.55, paid by Sandridge E&P of Houston, TX
Owner: Linda Immel

Noble County, OK

Mineral #2

Legal:  Undivided ¼ interest of minerals in, under, and to the SE/4 of Sec. 2, Twp. 24N, R2 W.I.M., Noble Co., OK

Approx. Location: from Billings, 3 miles E. on SH 15, 3 miles N. on CR 50 & ½ mile E.

NMA: 40 +/-

Production: TBA

2020 Net Revenue: TBA

Owner: David W. Troche

 

Mineral #3

Legal:  Undivided ¼ interest of minerals in, under, and to the S/2 SW/4 of Sec. 1, Twp. 24N, R2 W.I.M., Noble Co., OK

Approx. Location: across rd. E. from Mineral #2

NMA: 20 +/-

Production: appears to be from the Nancy Ann 1-1S and the Troche 1-4N w/RI 0.00381434

Revenue: Check stub reflects 2021 net total as of 10/09/2021 to be $394.02, paid by Koda Operating, LLC.

Owner: David W. Troche

 

Mineral #4 

Legal: All minerals and mineral interest in, under, and to the S/2 NE/4 of Sec. 2, Twp. 21N, R1 W.I.M., Noble Co., OK

Approx. Location: from Perry, 1 mile N. on Hwy. 77, 1 mile E. on Lariat & ½ mile N. on CR 120

NMA: 80 +/-

Lease: appears to be nonproducing & open for lease

Owner: Gregory Neal Meyer

 

Mineral #5 

Legal: Undivided 20 NMA in, under, and to the SW/4 of Sec. 21, Twp. 22N, R1 E.I.M., Noble Co., OK

Approx. Location: from Jct. of US 412/ US 77 (N. of Perry), 2 ½ miles S. & 4 miles E.

NMA: 20 +/-

Lease: appears to be nonproducing & open for lease

Owner: Dawnmark Energy, LLC

Beaver County, OK

Mineral #6 

Legal: Undivided 40 NMA in, under, and to the W/2 and the NE/4 and the W/2 SE/4 of Sec. 32, Twp. 1N, R26 E.C.M., Beaver Co., OK

Approx. Location: from Slapout, 8 miles W., 7 miles S., & 1 mile W.

NMA: 40 +/-

Lease: appears to be nonproducing & open for lease

Owner: Dawnmark Energy, LLC

Custer County, OK

Mineral #7

Legal: Undivided 10 NMA in, under, and to the N/2 of Sec. 11, Twp. 12N, R16 W.I.M., Custer Co., OK

Approx. Location: from Jct. I-40/ US183 (Clinton), 5 ½ miles E. on I-40, then 1 ½ miles N.

NMA: 10 +/-

Production: appears to be from the Hoffman 1-11H

Owner: Dawnmark Energy, LLC

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 December 20, 2021. 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.