Ends 9/8 COMANCHE COUNTY OKLAHOMA MINERALS

Online Only Auction


COMANCHE COUNTY OKLAHOMA MINERALS
ONLINE ONLY AUCTION
ENDS 3PM ON SEPT 8TH, 2017
OPERATING & MINERAL RIGHTS

ONLINE BIDDING ONLY
Began: 08/08/17 at 10:00 AM CDT
Ended: 09/08/17 at 3:00 PM CDT

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OPERATING & MINERAL RIGHTS

160 ACRES IN SW 30-2N-9W

88% OPERATING

90% ROYALTY

LEASE $1200 ANNUALLY

ANADARKO BASIN

SWEET CRUDE

NEEDS: SEPARATOR

It steadily makes 1.5-2bbls a day. 

revert to family if the Schrader-Clark lease is not making 2 bbls/ day

SEE ATTACHED DIVISION ORDERS.

IRS GROSS PAY:

2014 $40,732

2015 $36,650

Additional info under Documents.

PROPERTY WILL TRANSFER WITH MINERAL QUIT CLAIM DEED ONLY. 

BIDDERS MUST CONDUCT THEIR OWN DUE-DILIGENCE PRIOR TO BIDDING AT THE AUCTION. BIDDERS SHALL RELY UPON THEIR OWN EVALUATIONS OF THE PROPERTIES AND NOT UPON ANY REPRESENTATIONS, EITHER ORAL OR WRITTEN, OF THE SELLER OR LIPPARD AUCTIONEERS, INC.  NO WARRANTIES OR GUARANTEES EITHER EXPRESSED OR IMPLIED.

SELLER: LAWAYNE SCHRADER

 

TERMS: $5,000 DOWN WITH BALANCE DUE IN 30 DAYS.

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Lippard Auctioneers, Inc.

http://lippardauctions.com

2609 N Van Buren Enid, OK 73703

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