Mineral Auction
880 +/- Acres 70 Net Acres
McKenzie & Billing Counties, ND
Wednesday, July 31, 2013 10:00 a.m.
Online Bidding is available!
Auction Location: Ramada Inn 1400 Interchage Ave. - Bismarck, ND
Auction Note: This is a rare opportunity to own some of Western North Dakotas most coveted asset in Subsurface Mineral acreage. Located in McKenzie County and Billings County, North Dakota. Property is subject to prior sale and a 7% Buyers Premium.
Property Information:
Parcel One McKenzie County, ND
Gross Acres: 320
Net Acres: 10
Legal: W1/2 8-150-95
Status of Well: currently down/expanding operation
Lessee: Hess Corporation
Subject to Oil & Gas Lease
Parcel Two Billings County, ND
Gross Acres: 320
Legal: Lots 1,2,3 & 4; E1/2 W1/2 31-141-99
Net Acres: 20
Status of Well: Not yet drilled
Lessee: Continental Resources
Subject to Oil & Gas Lease, Document #133540
P...
Parcel Three Billings County, ND
Gross Acres: 240
Net Acres: 40
Legal: N1/2NE1/4; NW1/4 32-142-99
Status of Well: Producing/began drilling in 2011
Lessee: Continental Resources
Subject to Oil & Gas Lease, Document #122956
All 2013 lease and royalty payments will be retained by seller. This sale is subject to a 7% Buyers Premium. Seller reserves right to reject any & all bids.
Subject to prior sale
Owner: Jerry C. Millhon
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