THIS IS A COMPLETED SALE
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4/1 | 440 +/- Net Mineral Acres & Working Interest
Previous Page Listing ID#: 1276094
Auction Location |
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Enid, OK 73701 |
Auction Dates and Times |
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Wednesday Mar 17, 2021 Completed Thursday Apr 1, 2021 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Wiggins Auctioneers Website: www.wigginsauctioneers.com/ GoToAuction.com ID#: 4345 View company information and listings |
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Listing Terms and Conditions |
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By accepting terms and conditions, I hereby certify that:
1. I acknowledge that I have received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), and Mineral Memorandum of Sale.
2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction.
3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Mineral Memorandum of Sale.
4. I have examined the Mineral Memorandum of Sale and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing.
5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself prior to bidding.
6. I understand that if I am the successful bidder, I agree to complete and sign the Mineral Memorandum of Sale immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Mineral Memorandum of Sale.
7. I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising.
8. I hereto agree to accept by electronic means, and that the electronic acceptance shall have the same force and effect as an original acceptance.
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Listing Information |
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440 +/- Net Mineral Acres & Working Interest
Kingfisher, Major, Payne, Garfield & Blaine Co., OK
Thursday - April 1, 2021 - 10:00 a.m.
Online Bidding Available!
Auction Location: Meeting Room #1 of the Pavilion of the Chisholm Trail Expo Center, 111 W. Purdue, Enid, OK
Kingfisher Co., OK
Mineral #1
Legal: Undivided 7/48 interest of minerals in, under and to the E/2 W/2 NE/4 and W/2 E/2 NE/4 8-19N-8W, Kingfisher Co., OK
Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles N. & 2 miles W.
NMA: 11.66667 +/-
Production: appears to be from the Lyndall Choate #1, operated by JHATCO INC.
Owner: Justin Choate and Debra Choate, h&w (see attached Cursory Ownership Report)
Mineral #2
Legal: All minerals and mineral interest in, under and to the N/2 N/2 SW/4 2-19N-8W, Kingfisher Co., OK
Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles N.
NMA: 40 +/-
Production: appears to be from the Edna Nixon 1-2 (RI: 0.03125) & Breckenridge 1-2H (RI: 0.00794130), paid by Chisholm Oil and Gas Operating, LLC of Tulsa, OK
Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report)
Mineral #3
Legal: All minerals in, under and to the NE/4 SE/4 and E/2 SE/4 SE/4 20-19N-8W, Kingfisher Co., OK
Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles W. &½ mile S.
NMA: 60 +/-
Production: appears to be from the Vaverka 1-20H (RI: 0.01757813), paid by Chisholm Oil and Gas Operating, LLC of Tulsa, OK
Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report)
Kingfisher & Payne Co., OK
Mineral #4 a.-b.
a. Legal: All minerals in, under and to a 7.17 acre tract in the W/2 NE/4 30-19N-8W, Kingfisher Co., OK (see attached Cursory Ownership Report for complete legal)
Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 3 miles W. & 1 mile S.
NMA: 7.17 +/-
Production: appears to be from the Danny Ray 1-30H (RI: 0.00215811), paid by Chisholm Oil and Gas Operating, LLC of Tulsa, OK
Owner: Justin Ray Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report)
b. Legal: An undivided .309765 net mineral acres in, under and to the W/2 NE/4 5-17N-5E, Payne Co., OK
Approx. Location: 1 mile W. of Cushing
NMA: 0.309765
Production: Unknown
Owner: Justin R. Choate and Debra L. Choate, h&w
Major Co., OK
Mineral #5
Legal: An undivided ½ interest of minerals in, under and to the S/2 N/2 SW/4 13-21N-10W, Major Co., OK
Approx. Location: from "Y" N. of Ames, 2 ½ miles W. & 1 mile N.
NMA: 20 +/-
Leasehold: appears to be leased by Oklahoma Energy Acquisitions, LP for 3 year term, dated 4/2/2018 @ 1/5 royalty with depth clause
Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report)
Mineral #6
Legal: All minerals in, under and to a tract of land in the NW/4 26-20N-9W, Major Co., OK
Approx. Location: from Ames, 2 ½ miles E. & 4 miles S.
NMA: 24 +/-
Leasehold: appears to be nonproducing and open for lease
Owner: Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report)
Mineral #7
Legal: All minerals and mineral interest in, under and to the SW/4 12-20N-10W, Major Co., OK, less and except RR ROW, subject to Royalty Deeds conveying (3) 1/6 non-participating interests for a term of 25 years plus production, Major Co., OK
Approx. Location: from Ames, 2 ½ miles W.& 1 ½ miles S.
NMA: 157 +/-
Leasehold: E/2 SW/4 appears to be leased by Oklahoma Energy Acquisitions, LP for 3 year term, dated 4/2/2018 @ 1/5 royalty with depth clause
Production: Production appears to be from Harvey #1 with last production recorded in 2017. Status of well unknown.
Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report)
Garfield Co., OK
Mineral #8
Legal: An undivided ½ interest of minerals in, under and to NW/4 1-24N-6W, Garfield Co., OK
Approx. Location: from Kremlin, 1 ½ miles E. on Keowee Rd., then continuing N. on 54th St. (blacktop) 2 ½ miles
NMA: 80 +/-
Production: appears to be from the Thompson (RI: 0.03120600), paid by Mustang Gas Products, LLC. 2020 1099 reflects net revenue of $36.13.
Owner: Matthew Tucker
Mineral #9- Royalty & Working Interest a.-b.
a. Well: Simpson #1 located in the NW/4 11-22N-6W, Garfield Co., OK
Working Interest: 0.1140129
Royalty Interest: 0.05480033
b. Well: Simpson #2 located in the NE/4 11-22N-6W, Garfield Co., OK
Working Interest: 0.1171771
Royalty Interest: 0.050693
Owner: Carl White
Mineral #10- Royalty & Working Interest
Well: Janssen located in 31-23N-4W, Garfield Co., OK
Working Interest: 0.12304687
Royalty Interest: 0.00227846
Owner: Carl White
Mineral #11- Minerals & Working Interest
Legal: An undivided 25.51 net mineral acres in, under, and to the NW/4 10-22N-6W, Garfield Co., OK
Well: Blakey #2
Working Interest: 0.16600000
Owner: Carl White
Blaine Co., OK
Mineral #12
Legal: All minerals in, under and to the SW/4 SW/4 29-19N-12W, Blaine Co., OK
Approx. Location: from SH 51/ SH 51A Jct. (near Southard), 2 miles W. on SH 51 & 2 miles N.
NMA: 40 +/-
Production: appears to be from the Wymer 1-29 (RI: 0.0078125), paid by Staghorn Petroleum, LLC of Tulsa, OK. 2020 1099 reflects net revenue of $94.80.
Owner: Lonnie Howerton
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 14, 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. 1 M#1: 11.66667 +/- NMA- Kingfisher Co. Legal: Undivided 7/48 interest of minerals in, under and to the E/2 W/2 NE/4 and W/2 E/2 NE/4 8-19N-8W, Kingfisher Co., OK Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles N. & 2 miles W. NMA: 11.66667 +/- Production:... 2 M#2: 40 +/- NMA- Kingfisher Co. Legal: All minerals and mineral interest in, under and to the N/2 N/2 SW/4 2-19N-8W, Kingfisher Co., OK Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles N. NMA: 40 +/- Production: appears to be from the Edna Nixon 1-2 ... 3 M#3: 60 +/- NMA- Kingfisher Co. Legal: All minerals in, under and to the NE/4 SE/4 and E/2 SE/4 SE/4 20-19N-8W, Kingfisher Co., OK Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles W. &½ mile S. NMA: 60 +/- Production: appears to be from the Vaverka... 4 M#4: 7.4 +/- NMA- Kingfisher & Payne Co. a. Legal: All minerals in, under and to a 7.17 acre tract in the W/2 NE/4 30-19N-8W, Kingfisher Co., OK (see attached Cursory Ownership Report for complete legal) Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 3 miles W. & 1... 5 M#5: 20 +/- NMA- Major Co. Legal: An undivided ½ interest of minerals in, under and to the S/2 N/2 SW/4 13-21N-10W, Major Co., OK Approx. Location: from "Y" N. of Ames, 2 ½ miles W. & 1 mile N. NMA: 20 +/- Leasehold: appears to be leased by Oklahoma Energy Acquisitions, LP... 6 M#6: 24 +/- NMA- Major Co. Legal: All minerals in, under and to a tract of land in the NW/4 26-20N-9W, Major Co., OK (see attached Cursory Ownership Report for complete legal) Approx. Location: from Ames, 2 ½ miles E. & 4 miles S. NMA: 24 +/- Leasehold: appears to be nonpro... 7 M#7: 157 +/- NMA- Major Co. Legal: All minerals and mineral interest in, under and to the SW/4 12-20N-10W, Major Co., OK, less and except RR ROW, subject to Royalty Deeds conveying (3) 1/6 non-participating interests for a term of 25 years plus production from Jan. 7, 1956. Ap... 8 M#8: 80 +/- NMA- Garfield Co. Legal: An undivided ½ interest of minerals in, under and to NW/4 1-24N-6W, Garfield Co., OK Approx. Location: from Kremlin, 1 ½ miles E. on Keowee Rd., then continuing N. on 54th St. (blacktop) 2 ½ miles NMA: 80 +/- Production: appears to be fr... 9 M#9: Royalty & Working Int.- Garfield Co. a. Well: Simpson #1 located in the NW/4 11-22N-6W, Garfield Co., OK Working Interest: 0.1140129 Royalty Interest: 0.05480033 b. Well: Simpson #2 located in the NE/4 11-22N-6W, Garfield Co., OK Working Interest: 0.1171771 Royalty Interest: 0.050693... 10 M#10: Royalty & Working Int.- Garfield Co. Well: Janssen located in 31-23N-4W, Garfield Co., OK Working Interest: 0.12304687 Royalty Interest: 0.00227846 Owner: Carl White 11 M#11: Minerals & Working Int.- Garfield Co. Legal: An undivided 25.51 net mineral acres in, under, and to the NW/4 10-22N-6W, Garfield Co., OK Well: Blakey #2 Working Interest: 0.16600000 Owner: Carl White 12 M#12: 40 +/- NMA- Blaine Co. Legal: All minerals in, under and to the SW/4 SW/4 29-19N-12W, Blaine Co., OK Approx. Location: from SH 51/ SH 51A Jct. (near Southard), 2 miles W. on SH 51 & 2 miles N. NMA: 40 +/- Production: appears to be from the Wymer 1-29 (RI: 0.0078125), pai... |
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