Sale Name: BidEX Online Auctions 2024
LOT 5211 - Topaz West & Ruby West
County   Weld
State   CO
Operator   Bayswater Exploration & Production, LLC
Acres   1.745 NRA
Monthly Net Income   $971.01
Additional Information   This lot has a reserve.
Description

This lot contains approximately 1.745 Net Royalty Acres of producing minerals in 21 wells located in Weld County, Colorado.  The production profile of the Topaz wells stand out because the wells are choke managed as part of an EUR maximization which is evident in the decline profile.  Upside - Room for lease line wells to the south and the north + additional formations. 

These wells are operated by Bayswater Exploration & Production LLC in Denver, Colorado. 

Legal Description:
Township 7 North, Range 66 West of the 6th P.M.
Section 1: Lots 1 (40.05), 2 (40.15), Lots 3 (40.26), 4 (40.36), S2NW4, S2NE4
Section 2: Lots A and B of Amended Recorded Exemption No. 0707-2-3 AMRE-991, recorded
August 17, 2011 at Reception No. 3786686 in part of the NW4SW4 of Section 2
Section 11: E2SW4

The average monthly net revenue conveyed is $971.01 based on 6 months of income.  

Note:  The Revenue Statement included in the data package is for information purposes and is not representative of the interest owned by the seller or what is being conveyed in this lot.  Please refer to the charts above.

Seller is conveying 1/8th of their total interest in this lot and additional lots are available.  Winning bidder should contact info@mceeauction.com directly after the auction if interested in adding additional lots to their winning bid.

THIS LOT IS SUBJECT TO WITHDRAWAL OR SALE WITHIN THREE DAYS OF THE PREVIOUS AUCTION.  THAT AUCTION'S WINNING BIDDER HAS THE OPTION TO ADD ANY REMAINING LOTS TO THEIR BID FOR UP TO 72 HOURS.

The MCEE Land department will record the conveyance for the winning bidder.  The operator/purchaser will be notified of the new ownership and the recorded instrument will be mailed to the buyer with operator contact info included.  The recording, notifying and document fees are $135.00 and will be added to the invoice.

Click on the Documents tab for the Data Packages which includes a draft of the conveyance that will be recorded.  When the auction is complete, please provide title information to info@mceeauction.com within 24 hours to start the filing process.

 

Quantity: 3