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Mineral Consignment Auction 5/10/18
Previous Page Listing ID#: 70298
Previous Page Listing ID#: 70298
| Auction Location |
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Enid, OK 73703 |
| Auction Dates and Times |
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Thursday May 10, 2018 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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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 June 25, 2018. 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.
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Mineral Auction | 585 +/- Acres Major, Noble, Logan, Atoka, Grady, Grant, Washita, Pawnee, Payne, Pontotoc, Pottowatomie, Custer & Roger Mills Counties, OK Thursday – May 10, 2018 – 10:00 a.m. Online Bidding Available!
Auction Location: Springhill Suites by Marriott, 5815 KL Drive, Enid, OK 73703 (W. of Wal-Mart on W. edge of Enid)
Major County Mineral #1 Legal: An undivided 1/6 of minerals & mineral interest in, under, & to the N/2 NW/4 14-21N-10W, Major Co., OK Location: from Ringwood (Post Office), 5 mi. S. Net Mineral Acres: 13.3333 +/- NMA
Noble County Mineral #2 Legal: Undivided 60 NMA in, under, and to the S/2 SE/4 20-20N-1W, Noble Co., OK Location: from Perry (I-35 & US 64), 6 ¾ mi. S. Net Mineral Acres: 60 +/- NMA Production: appears to be nonproducing & open for lease
Mineral #3 Legal: Undivided 30 NMA in, under, and to the S/2 NE/4 26-24N-1W, Noble Co., OK Location: from Jct. US 77 & SH 15 (W. of Red Rock), 4 mi. N., 1 E. & 0.5 N. Net Mineral Acres: 30 +/- NMA Production: appears to be nonproducing & open for lease
Logan County Mineral #4 Legal: Undivided 96.89 NMA in, under, and to Lots 1 & 2; the S/2 NE/4; Lots 3 & 4; the S/2 NW/4; & the SE/4 1-15N-2W, Logan Co., OK Location: from I-35 & Seward Rd. (Guthrie), 3 mi. E. Net Mineral Acres: 96.89 +/- NMA Production: appears to be nonproducing & open for lease Note: minerals will be offered in tracts of an undivided 25% (24.22 +/- NMA) interest of the seller’s share of minerals with the buyer’s option to purchase up to 100% (96.89 +/- NMA).
Atoka County Mineral #5 Legal: Undivided 34 NMA in, under, and to the NW/4 NE/4 20-1S-14E, Atoka Co., OK Location: from Fugate, 3.5 mi. E. Net Mineral Acres: 34 +/- NMA Production: appears to be nonproducing & open for lease
Grady County Mineral #6 A-E - 19.418563 +/- NMA A.) Legal: Undivided 1.018518 NMA in, under, and to the E/2 NE/4 NE/4 24-03N-07W, Grady Co., OK Net Mineral Acres: 1.018518 +/- NMA Production: appears to be nonproducing & open for lease B.) Legal: Undivided 6.882857 NMA in, under, and to the SE/4 SE/4, S/2 NE/4 SE/4, NW/4 NE/4 SE/4 29-03N-07W, Grady Co., OK Location: from Rush Springs, 5 mi. S. Net Mineral Acres: 6.882857 +/- NMA Lease: Surface to 4,000 ft. is leased to Spring Operating, 1/8th. Deep rights open. C.) Legal: Undivided 1.4 NMA in, under, and to All of 34-03N-07W, Grady Co., OK Location: from Rush Springs, 6 mi. S. & 1.5 E. Net Mineral Acres: 1.4 +/- NMA Production: appears to be nonproducing & open for lease D.) Legal: Undivided 10 NMA in, under, and to the SE/4 NE/4 7-03N-08W, Grady Co., OK Location: from Rush Springs, 2 mi. S. & 6.5 W. Net Mineral Acres: 10 +/- NMA Production: appears to be nonproducing & open for lease E.) Legal: Undivided 0.117188 NMA in, under, and to the NE/4 14-03N-08W, Grady Co., OK Location: from Rush Springs, 3 mi. S. & 2.5 W. Net Mineral Acres: 0.117188 +/- NMA Production: appears to be nonproducing & open for lease
Grant County Mineral #7 Legal: An undivided 10 NMA in, under, & to the NE/4 21-25N-04W, Grant Co., OK Location: from Salt Fork, 2 mi. W. Net Mineral Acres: 10 +/- NMA
Mineral #8 Legal: An undivided 33.76 NMA in, under, & to the Lots 7 & 8 and the W/2 NW/4 16-25N-07W, Grant Co., OK Location: from US 81 & 64 (W. of Pond Creek), 5 mi. W. & 1 S. Net Mineral Acres: 33.76 +/- NMA
Mineral #9 A-C – 16.22134 +/- NMA A.) Legal: Undivided 5 NMA in, under, and to the NE/4 12-26N-04W, Grant Co., OK Net Mineral Acres: 5 +/- NMA Production: appears to be nonproducing & open for lease B.) Legal: Undivided 0.554667 NMA in, under, and to the Lots 3 & 4 and the S/2 NW/4 a/d/a NW/4 1-26N-07W, Grant Co., OK Location: from Hawley, 6 mi. E. & 0.5 N. Net Mineral Acres: 0.554667 +/- NMA Production: appears to be from the Cinder 2H-1 with RI 0.00017395), which is currently shut-in. Sandridge E&P, LLC, OKC, OK C.) Legal: Undivided 10.666667 NMA in, under, and to NE/4 3-26N-07W, Grant Co., OK Location: 1 mi. W. of above described tract #8B Net Mineral Acres: 10.666667 +/- NMA Production: appears to be from the Badger 3-1H with RI 0.00330106. Approx. $10,060.74 in cumulative revenue. Nov. 2017 revenue was $18.66. White Star Petroleum, LLC, OKC, OK Mineral #10 Legal: An undivided 27.25 NMA in, under, & to the N/2 NW/4, the N/2 SE/4. & the N/2 SW/4 3-26N-08W, Grant Co., OK Location: from Hawley, 1 mi. W. Net Mineral Acres: 27.25 +/- NMA
Mineral #11 Legal: An undivided 5 NMA in, under, & to the E/2 W/2 NE/4 28-27N-05W, Grant Co., OK Location: Medford Net Mineral Acres: 5 +/- NMA
Mineral #12 A-C – 12.443334 +/- NMA A.) Legal: Undivided 11.11 NMA in, under, and to the NW/4 27-27N-07W, Grant Co., OK Net Mineral Acres: 11.11 +/- NMA Production: appears to be from the Buffalo 27-1H with RI 0.00326064. Approx. $144.88 in cumulative revenue. Cisco Operating, LLC, Plano, TX B.) Legal: Undivided 0.666667 NMA in, under, and to the SE/4 29-27N-07W, Grant Co., OK Location: 0.5 mi. S. & 1 W. of above described tract #11A Net Mineral Acres: 0.666667 +/- NMA Production: appears to be nonproducing & open for lease C.) Legal: Undivided 0.666667 NMA in, under, and to SE/4 35-27N-07W, Grant Co., OK Location: 1.5 mi. S. & 1.5 E. of above described tract #11A Net Mineral Acres: 0.666667 +/- NMA Production: appears to be nonproducing & open for lease
Mineral #13 Legal: An undivided 5 NMA in, under, & to the NE/4 19-27N-08W, Grant Co., OK Location: from SH 132 & SH 11 (N. of Hawley), 3 mi. W. Net Mineral Acres: 5 +/- NMA
Mineral #14 A-C – 70 +/- NMA A.) Legal: Undivided 35 NMA in, under, and to the SW/4 24-28N-04W, Grant Co., OK Net Mineral Acres: 35 +/- NMA Production: appears to be nonproducing & open for lease B.) Legal: Undivided 10 NMA in, under, and to the NW/4 14-28N-07W, Grant Co., OK Location: from Wakita, 1.5 mi. N. Net Mineral Acres: 10 +/- NMA Production: appears to be nonproducing & open for lease C.) Legal: Undivided 25 NMA in, under, and to NE/4 21-29N-05W, Grant Co., OK Location: from Renfrow, approx. 4 mi. N. & 4 mi. W. Net Mineral Acres: 25 Production: appears to be nonproducing & open for lease Mineral #15 A-C – 50 +/- NMA A.) Legal: Undivided 20 NMA in, under, and to the NW/4 & SW/4 15-29N-07W, Grant Co., OK Net Mineral Acres: 20 +/- NMA Production: appears to be from the Newlin 1-15H with RI 0.00637962, which is currently shut-in. Sandridge E&P, LLC, OKC, OK B.) Legal: Undivided 10 NMA in, under, and to the SE/4 16-29N-07W, Grant Co., OK Location: across rd. W. from above #14A Net Mineral Acres: 10 +/- NMA Production: appears to be nonproducing & open for lease C.) Legal: Undivided 20 NMA in, under, and to NW/4 & SE/4 22-29N-07W, Grant Co., OK Location: across rd. S. from above #14A Net Mineral Acres: 20 Production: appears to be from the Livengood Farms #1 with RI 0.00585938, which is currently shut-in. Sandridge E&P, LLC, OKC, OK
Washita County Mineral #16 Legal: An undivided 5.555556 NMA in, under, & to the W/2 NW/4 & SW/4 28-09N-19W, Washita Co., OK Location: from Sentinel, approx. 4 mi. N. & 2.5 mi. W. Net Mineral Acres: 5.555556 +/- NMA
Mineral #17 A-B – 7 +/- NMA A.) Legal: Undivided 2 NMA in, under, and to the N/2 N/2 25-10N-16W, Washita Co., OK Net Mineral Acres: 2 +/- NMA Production: appears to be from the Brown 25-10-16 with RI 0.00058594. Approx. $5,099.12 in cumulative revenue. Dec. 2017 revenue was $36.52. Fourpoint Energy, Denver, CO & Chesapeake Operating, LLC, OKC, OK B.) Legal: Undivided 5 NMA in, under, and to the W/2 NW/4 & SW/4 28-11N-14W, Washita Co., OK Location: from Corn, approx. 5 mi. E. & 1 N. Net Mineral Acres: 5 +/- NMA Lease: to Bearcat, 3/16ths, expires 4/27/19
Pawnee County Mineral #18 A-D – 34.16666 +/- NMA A.) Legal: Undivided 2.5 NMA in, under, and to Lot 1 & 2 7-21N-04E, Pawnee Co., OK Net Mineral Acres: 2.5 +/- NMA Production: appears to be nonproducing & open for lease. B.) Legal: Undivided 5 NMA in, under, and to the SE/4 SE/4 21-22N-03E, Pawnee Co., OK Location: approx. 3 mi. N. & 3 W. of above #17A Net Mineral Acres: 5 +/- NMA Production: appears to be from the Wolf 1H-21 with RI 0.00146484. Approx. $2,026.89 in cumulative revenue. Dec. 2017 revenue was $13.16. Eagle Road Oil LLC, Tulsa, OK C.) Legal: Undivided 10 NMA in, under, and to W/2 SW/4 22-22N-03E, Pawnee Co., OK Location: across rd. E. from above #14B Net Mineral Acres: 10 +/- NMA Production: appears to be from the Barnhart 1H-22 with RI 0.00292969, which is currently shut-in. EnerVest Operating LLC, Houston, TX. D.) Legal: Undivided 16.66666 NMA in, under, and to the NW/4 23-22N-05E, Pawnee Co., OK Net Mineral Acres: 16.66666 +/- NMA Production: appears to be nonproducing & open for lease.
Payne County Mineral #19 Legal: An undivided 2 NMA in, under, & to the E/2 NE/4 26-18N-01E, Payne Co., OK Location: from US 177& SH 33 (NW of Perkins), 2 mi. N. & 6 W. Net Mineral Acres: 2 +/- NMA
Mineral #20 Legal: An undivided 3.999999 NMA in, under, & to the SE/4 30-18N-01E, Payne Co., OK Location: 0.5 mi. S. & 4 W. from above #18 Net Mineral Acres: 3.999999 +/- NMA
Mineral #21 A-D – 24.048967 +/- NMA A.) Legal: Undivided 1 NMA in, under, and to the NE/4 35-18N-01E, Payne Co., OK Net Mineral Acres: 1 +/- NMA Production: appears to be nonproducing & open for lease. B.) Legal: Undivided 2.57096726 NMA in, under, and to Lots 3 & 4 and the S/2 NW/4 and N/2 SW/4 2-18N-04E, Payne Co., OK Location: from Cushing, 6 mi. N. & 4 mi. W. Net Mineral Acres: 2.57096726 +/- NMA Production: appears to be nonproducing & open for lease. C.) Legal: Undivided 10.478 NMA in, under, and to NW/4 NE/4 4-18N-06E, Payne Co., OK Location: from Yale, approx. 3 mi. S. & 0.5 E. Net Mineral Acres: 10.478 Production: appears to be nonproducing & open for lease. D.) Legal: Undivided 10 NMA in, under, and to the E/2 NE/4 and the E/2 SE/4 26-19N-03E, Payne Co., OK Net Mineral Acres: 10 +/- NMA Production: appears to be nonproducing & open for lease.
Pontotoc & Pottowatomie Counties Mineral #22 A-G – 5.34536633 +/- NMA A.) Legal: Undivided 1.250006 NMA in, under, and to the NW/4, SW/4, SE/4 & NE/4 24-05N-04E, Pontotoc Co., OK Net Mineral Acres: 1.250006 +/- NMA Production: appears to be from the Williams 3 & 4 with RI 0.00292970. Dec. 2017 revenue was $9.26. Pacer Energy, Tulsa, OK B.) Legal: Undivided 0.187501 NMA in, under, and to the NW/4, SW/4, SE/4 & NE/4 19-5N-05E, Pontotoc Co., OK Location: across rd. E. from above #21A Net Mineral Acres: 0.187501 +/- NMA Production: appears to be from the Crane 1 & 2 with RI 0.00351565. Dec. 2017 revenue was $22.82. Pacer Energy, Tulsa, OK C.) Legal: Undivided 2.161146 NMA in, under, and to the NW/4, SW/4, SE/4 & NE/4 30-05N-05E, Pontotoc Co., OK Location: across rd. S. from above #21B Net Mineral Acres: 2.161146 Production: appears to be from Chama 1 (RI 0.00634776), 2 (RI 0.02489595), 3 (RI 0.00634766), & 4 (RI 0.00634778). Dec. 2017 revenue was $83.19. Pacer Energy, Tulsa, OK D.) Legal: Undivided 0.00333333 NMA in, under, and to All of 28-06N-04E, Pottowatomie Co., OK Net Mineral Acres: 0.00333333 +/- NMA Production: appears to be nonproducing & open for lease. E.) Legal: Undivided 0.41666 NMA in, under, and to the SE/4 12-08N-04E, Pottowatomie Co., OK Net Mineral Acres: 0.41666 +/- NMA Production: appears to be from the Ranch 1 & 2-12 with RI 0.000379800. Approx. $667.57 in 2016 & 2017. Dec. 2017 revenue was $3.17. Sunoco Partners Marketing & Terminals, LP, Sugar Land, TX F.) Legal: Undivided 1.172448 NMA in, under, and to the NW/4 NE/4 29-08N-05E, Pottowatomie Co., OK Net Mineral Acres: 1.172448 +/- NMA Production: appears to be from the Wise 2 with RI 0.003663900. Dec. 2017 revenue was $29.43. Sunoco Partners Marketing & Terminals, LP, Sugar Land, TX G.) Legal: Undivided 0.154272 NMA in, under, and to the NE/4 NE/4 29-08N-05E, Pottowatomie Co., OK Net Mineral Acres: 0.154272 +/- NMA Production: appears to be from the Wise 4 with RI 0.003856800. Dec. 2017 revenue was $23.23. Sunoco Partners Marketing & Terminals, LP, Sugar Land, TX
Custer & Roger Mills Counties Mineral #23 A-F - 20 +/- NMA A.) Legal: Undivided 2.5 NMA in, under, and to the SE/4 4-12N-20W, Custer Co., OK Net Mineral Acres: 2.5 +/- NMA Production: appears to be from the Oaks 1-4 with RI 0.00051080. 2017 1099 Net Revenue was $61.79 paid by Mustang Fuel Corporation, OKC, OK; & the Oaks 4-2 (shut-in), 4-3 & 4-4 with RI 0.00051079. 2017 1099 Net Revenue was $105.57 paid by Chesapeake Operating, LLC, OKC, OK B.) Legal: Undivided 5 NMA in, under, and to Lots 3 & 4 & the S/2 NW/4 & the SW/4 3-12N-20W, Custer Co., OK Location: across rd. E. from above #23A Net Mineral Acres: 5 +/- NMA Production: appears to be from the K.C. Cattle #1-3 with RI 0.00103407. 2017 1099 Net Revenue was $29.64 paid by Champlin Exploration, Inc., Enid, OK C.) Legal: Undivided 2.5 NMA in, under, and to the N/2 NW/4 NW/4 NE/4 & E/2 SW/4 8-12N-20W, Custer Co., OK Location: approx. 0.5 mi. W. from above #23A Net Mineral Acres: 2.5 +/- NMA Production: appears to be from the Wells 1-8 (RI 0.0004883) & Wells 2-8 (RI 0.00048828) paid by Apache Corporation, Houston, TX, with the 2017 1099 Net Revenue being $62.17; & the Wells 3-8 (RI 0.0004883) paid by Fairway Resources III, LLC with the 2017 1099 Net Revenue being $135.16. D.) Legal: Undivided 5 NMA in, under, and to Lots 1 & 2 and the S/2 NE/4 and NE/4 SE/4 6-12N-20W, Custer Co., OK Net Mineral Acres: 5 +/- NMA Production: appears to be from the Unruh 1-6 (no recent production) by Skycap Energy, LLC, OKC, OK E.) Legal: Undivided 2.5 NMA in, under, and to the NW/4 & N/2 SW/4 17-12N-20W, Custer Co., OK Production: TBA F.) Legal: Undivided 2.5 NMA in, under, and to All of 12-12N-21W, Roger Mills Co., OK Net Mineral Acres: 2.5 +/- NMA Production: appears to be nonproducing & open for lease
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 June 25, 2018. 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. |
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