Auction Information
360 Acres in Enid, OK
MULTI- COUNTY MINERAL AUCTION
Dewey, Noble & Comanche Counties, OK
Friday September 1, 2017 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)
Dewey County- Location! Location! Location!
Mineral #1
Legal: All minerals & mineral interest, under, and to the N/2 NW/4 34-18N-14W, Dewey County, OK
Location: from Oakwood, approx. 4.5 mi. N. & 1 mi. E.
Net Mineral Acres: 80 +/-
Lease: Council Oak Resources, LLC dated 9/22/16 for a term of 3 years
Royalty: 3/16
Note: will be offered in undivided 10+/- acre tracts with the buyers option to purchase up to 80 +/- acres
Mineral #2
Legal: All minerals & mineral interest, under, and to E/2 NE/4 33-18N-14W, Dewey County, OK
Location: from Oakwood, approx. 4.5 mi. N. & 1 mi. E.
Net Mineral Acres: 80 +/-
Lease: Council Oak Resources, LLC dated 9/2...
Lease: Council Oak Resources, LLC dated 9/22/16 for a term of 3 years
Royalty: 3/16
Note: will be offered in undivided 10+/- acre tracts with the buyers option to purchase up to 80 +/- acres
Noble County
Mineral #3
Legal: Undivided 1/3 interest, under, and to the SW/4 21-22N-1E, Noble County, OK
Location: from Jct. of US 412 & US 77, 2.5 miles S. & 4 E.
Net Mineral Acres: 53.3333 +/-
Production: appears non-producing & open for lease
Mineral #4
Legal: Undivided 1/3 interest, under, and to the SW/4 21-22N-1E, Noble County, OK
Location: from Jct. of US 412 & US 77, 2.5 miles S. & 4 E.
Net Mineral Acres: 53.3333 +/-
Production: appears non-producing & open for lease
Mineral #5
Legal: Undivided 1/3 interest in, under, and to the S/2 SW/4 17-22N-1E, Noble Co., OK
Location: from Jct. of US 412 & US 77, 1.5 miles S. & 3 E.
Net Mineral Acres: 26.6666 +/-
Production: appears non-producing & open for lease
Mineral #6
Legal: Undivided 1/3 interest in, under, and to the S/2 SW/4 17-22N-1E, Noble Co., OK
Location: from Jct. of US 412 & US 77, 1.5 miles S. & 3 E.
Net Mineral Acres: 26.6666 +/-
Production: appears non-producing & open for lease
Comanche Co., OK
Mineral #7
Legal Description: All minerals & mineral interest in, under & to the NW/4 NW/4 22-2N-13W, Comanche Co., OK
Location: 3 miles E. of Cache, OK on Highway 62
Net Mineral Acres: 40 +/-
Production: Non-producing
Lease: Appears to be open for lease
Note: will be offered in undivided 10+/- acre tracts with the buyers option to purchase up to 40 +/- acres
Terms & Conditions: A 10% Buyers 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. Closing is to be on or by October 16, 2017. 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.