4/10 Oklahoma Oil & Gas Investment Opportunity
Listing ID#: 1714551
Auction Location |
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ONLINE ONLY
802 W. Maine, Suite B Enid, OK 73701 |
Auction Dates and Times |
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Bidding Starts: Saturday Mar 15 Bidding Ends: Thursday Apr 10 |
Auction Type |
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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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1. I acknowledge that I have viewed or 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. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com.
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 sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
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Listing Information |
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OIL & GAS INVESTMENT OPPORTUNITY!
Oklahoma Producing & Nonproducing Mineral Interests
Major, Garfield, & Noble Co., OK
ONLINE ONLY AUCTION
Thursday - April 10th, 2025 - Begins Closing @ 2 PM- CST
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 � 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 � 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 � 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 � 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 � 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 � miles W. on US 412, then 1 � miles N.
NMA: 80 +/-
Production: appears to be nonproducing & open for lease
Source: Mineral ownership report by Tim Dolezal
Seller: Lori Callagher
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. 1 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... 2 Mineral #2- 80 +/- NMA- Garfield Co., OK Legal: Undivided � 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 � mile S. NMA: 80 +/- Production: appears to be nonproducing & open for lease Source: In... 3 Mineral #3- 80 +/- NMA- Garfield Co., OK Legal: Undivided � 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 � mile S. NMA: 80 +/- Production: appears to be from the Myrna 1 w/RI 0.150000000 (RI i... 4 Mineral #4- 80 +/- NMA- Noble Co., OK Legal: Undivided � 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 � miles W. on US 412, then 1 � miles N. NMA: 80 +/- Production: appears to be nonproducing & open f... |
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