OIL & GAS INVESTMENT OPPORTUNITY! Oklahoma Producing Interests, Working Interests, & ORRI

Auction Information

ONLINE ONLY AUCTION

Auction Date:

Thurs., 10.03.24
| 2:00 P.M.

Auction Managers:

Lynsie Sturgeon
| 580.554.2633
Megan Albright
| 580.747.2496

Seller

Estates of Herbert J. Richardson and Renee Germaine Bizouard

Main Features

Mineral #1 (POSTPONED UNTIL FURTHER NOTICE)
Grant Co., OK

Legal: Minerals in, under, and to the E/2 NE/4 of 32-28N-7 W.I.M., Grant Co., OK

Location: Located from Wakita (SH 11A/Kiowa Rd.), 2 miles W. on Kiowa Rd., then 1 mile S.

NMA: 80 +/-

Production:  appears to be from the Southwest Wakita Unit w/RI 0.00054908, paid by Casillas Petroleum Corp of Tulsa, OK

2024 Net Revenue: $226.33 thru 5/22/24

Source: Check stubs

Seller: The Conservatorship of Marvin & Helen Carter

 

Mineral #2
Multi-County WI/ORRI
CLICK HERE for Mineral #2 Docs

A- Legal: .01488871 NRI and .02082340 WI in the Summers #1-24 well, located in 24-11N-22W, Beckham Co., OK

WI: .02082340

NRI: .01488871

Operator: Crawley Petroleum Corporation

2023 Net Revenue: $462.56

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

B- Legal: .01488871 NRI and .02082340 WI in the Summers #2-24 well, located in 24-11N-22W, Beckham Co., OK

WI: .02082340

NRI: .01488871

Operator: Crawley Petroleum Corporation

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

C-Legal: .00000585 ORRI in the Haley#1-31 well, located in 31-11N-22W, Beckham Co., OK

ORRI: .00000585+/-

Operator: Crawley Petroleum Corporation

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

D-Legal: .00001171 ORRI in the Haley 1-31 well, located in 31-11N-22W, Beckham Co., OK

ORR: .00001171+/-

Operator: Fourpoint Energy LLC

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

E-Legal: .00000563 ORRI in the Haley 4-31 well, located in 31-11N-22W, Beckham Co., OK

ORR: .00000563+/-

Operator: Fourpoint Energy LLC

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

F-Legal: .0010155 ORRI in the Pawnee 25-1 well, located in 25-12N-21W, Beckham Co., OK

ORR: .0010155

Operator: Mewbourne Oil

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

G- Legal: .0010155 ORRI in the Pawnee 25-2 well, located in 25-12N-21W, Beckham Co., OK

ORR: .0010155

Operator: Mewbourne Oil

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

H- Legal: .0187525 ORRI in the State #1-35 well, located in 35-4N-20E, Beaver Co., OK

ORRI: .0187525

Operator: Raydon Exploration Inc

2008 Net Revenue: $183.24

Source: 2008 Check stub

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

I- Legal: WI and NRI in the Self 1-12 well, located in 12-12N-14W, Custer Co., OK

WI: .000742

NRI: .0005888

Operator: BRG Petroleum

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

J- Legal: WI in the Irene 1-12 well, located in 12-12N-14W, Custer Co., OK

WI: GWI .0052253, BPO WI .0041020, APO WI .0038438

Operator: MT Energy LLC

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

K- Legal: WI in the Fransen Farms 1-26 well, located in 26-12N-16W, Custer Co., OK

WI: .003351563

Operator: Diversified Production LLC

Source: Election orders

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

L- Legal: WI in the Sawatsky 1-26 and 3-26 wells, located in 26-12N-16W, Custer Co., OK

WI: .003351563

Operator: Diversified Production LLC

Source: JOA

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

M- Legal: .00037060 ORRI GAS and .00471820 ORRI OIL in the Reinschmiedt #1 well, located in 30-15N-19W, Custer Co., OK

Gas ORRI: .00037060

Oil ORRI: .00471820

Operator: Adparo LLC

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

N- Legal: WI in the Willis 1-5 well, located in 5-18N-15W, Dewey Co., OK

WI: .05752668

Operator: EEC LLC

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

O- Legal: .03035160 ORRI in the Felber 1 well, located in 13-20N-7W, Garfield Co., OK

ORRI: .03035160

Operator: Gilliland Oil & Gas

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

P- Legal: .0001815 ORRI in the Kahle 2-14 well, located in 14-5N-8W, Grady Co., OK

ORRI: .0001815

Operator: Gilliland Oil & Gas

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

Q- Legal: .0107984 and .010800 ORRI and .0013916 RI in the Guenzel 1 well, located in 15-14N-26W, Roger Mills Co., OK

ORRI: .0107984 & .010800

NRI: .0013916

Operator: Kaiser-Francis Oil Co.

2022-23 Net Revenue: $253.05 +/-

Source: Check Stubs

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

R- Legal: .007975 ORRI in the Adam Gibson 1-10 and Winnie 1-10 wells, located in 10-5N-13E, Pittsburg Co., OK

ORRI: .007975

Operator: Yale Oil Co.

2022-23 Net Revenue: $3,500.00 payment made from OK Unclaimed payments in 2022 for production up to 2002.  Yale made payment of $1,607.85 for production 2004-2008.

Source: OK Unclaimed Payment stub and Yale pay stubs

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

S- Legal: .00341537 ORRI in the Leverton #4-14H well, located in 14-10N-19W, Washita Co., OK

ORR: .00341537+/-

Operator: Crawley Petroleum Corporation

2023 Net Revenue: $617.14

Source: Division Order

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

T- Legal: ORRI in the Giles 1-3 well, located in 3-11N-16W, Washita Co., OK

ORRI: .0110644; .0187404; .0187422; .0187435

Operator: Kaiser-Francis Oil Co.

2022-23 Net Revenue: $420.35 +/-

Source: Check Stubs

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

U- Legal: .00181812 ORRI in the Antelope 2-27 well, located in 27-11N-18W, Washita Co., OK

ORRI: .00181812

Operator: Presidio Production

Source: Oil & Gas Transfer Order – Presidio

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

V- Legal: .00171792 ORRI in the Simpson 1-27 well, located in 27-11N-18W, Washita Co., OK

ORRI: .00171792

Operator: Presidio Production

Source: Oil & Gas Transfer Order – Presidio

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

W- Legal: .00171793 ORRI in the Hale 1-27 well, located in 27-11N-18W, Washita Co., OK

ORRI: .00171793

Operator: Presidio Production

Source: Oil & Gas Transfer Order – Presidio

Seller: Estates of Herbert J. Richardson and Renee Germaine Bizouard

 

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 November 18, 2024. 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.