SOLD
120,000.00USD+ applicable fees & taxes.
This item SOLD at 2006 Oct 18 @ 10:16UTC-6 : CST/MDT
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<blockquote>ShawnTerrel
mobile phone # (580) 430-6089
or office # (580) 233-3066
additional numbers # (580) 541-5634 or (580) 554-1254.</blockquote>
120+/- net mineral acres located in the W/2 of Sec. 10-23N-R10 W.I.M., Alfalfa Co., OK. 4 Producing wells; “Wedel #1-10”, decimal interest (.06250), <b>Brand New Well,</b> Jul & Aug total production, 9.5 BOPD * 100 BWPD * 35 MCFD; “Lecrone #2-10”, decimal interest (.039052), 1 BOPD * 3.7 BWPD * 8 MCFD; “Lecrone #1-10”, decimal interest (.015625), .0 BOPD * .3 BPWD * 4.5 MCFD; “Lecrone-Wedel #1-10”, decimal interest (.015625), 4.7 BOPD * 14BWPD * 22 MCFD. Sellers’ revenue is approx. $7,600 per year, <b>not counting the new well.</b>
Auction Location:
Meeting room #1 of the Chisholm Trail Pavilion, Garfield County Fairgrounds, Enid, Oklahoma, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
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<b>Internet bidders will need to register with the auction company prior to the auction event. Wiggins Auctioneers require a bank letter of guarantee and the contact information for the registering bidders financial institution. </b> Bank Letter of Guarantee can be faxed to our office at (580) 237-4915.
Specific requirements can be waived for individuals that are already established customers with Wiggins Auctioneers L.L.C., by contacting the auction company.
A 20% down payment will be required from any winning bidder, immediately following the auction event. These funds shall be wire transferred to Wiggins Auctioneers Trust Account at the Central National Bank and Trust Company in Enid, OK. Specific routing numbers and details will be given to the winning bidder immediately following the auction event. Buyer shall provide the balance of the full purchase price and Seller shall provide merchantable title to the Buyer at the time of closing, within approximately 15 days, according to the Terms and Conditions of the purchase contract.
<font color="A01024"><b>Any information contained in this site is subject to the terms and conditions of the PURCHASE CONTRACT. Contact the Auction Company for a copy of the purchase contract prior to auction. Any announcements made the day of the auction supersede all previous advertising.</b></font> Potential Buyers are encouraged to complete their due diligence and inspections of the properties prior to the auction, and to contact Wiggins Auctioneers with any questions related to the auction. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or it's employers. It is the buyers responsibility to satisfy themselves as to amounts of oil & gas production, location, equipment condition, etc.. prior to the day of auction.
This sale is subject to confirmation by the sellers. Seller expressly reserves the right to accept or reject any and all bids at the