Sale Name: BidEX Online Auctions 2024
LOT 5287 - Amoco-Blanche 14 Well MI/RI
County   Martin
State   TX
Operator   Endeavor Energy Resources, L.P.
Acres   320
Legal Description   E/2 Sec 28, Blk 36, T-3-N, A-807, T&P Ry. Co. Survey
Monthly Net Income   $1,018.57
Additional Information   This lot has a reserve.
Description

This lot contains a royalty interest of producing minerals in 14 wells that are located in the East Half (E/2) of Section 28, Block 36, Township 3 North, Abstract No. A-807, T&P Ry. Co. Survey, Martin County, Texas.  

These wells are operated by Endeavor Energy Resources, L.P. of Midland, Texas.

The average monthly net revenue conveyed is $1,018.57 based on 1 month of production.  

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 1/5th of their total interest in this lot and one additional lot is available.  Winning bidder should contact info@mceeauction.com directly after the auction if interested in adding additional lots to their winning bid.

MCEE Land 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 service fee is $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: 1