Sale Name: BidEX Online Auctions 2025
LOT 6077 - Reiser ORRI
County   Stafford
State   KS
Operator   Mai Oil Operations, Inc.
Acres   160
Legal Description    S/2 NW/4 and W/2 NE/4 Sec 21-21S-12W
Decimal Interest   0.0273437
Monthly Net Income   $356.25
Additional Information   This lot has a reserve.
Description

Overriding Royalty Interest in Reiser Lease #107054 in the S/2 NW/4 and W/2 NE/4  Section 21-21S-12W, Stafford County, Kansas. 

Operated by Mai Oil Operations, Inc.
Purchaser:  CHS McPherson Refinery, Inc.

Reiser 10 - API 15-185-23907 (Oil - Producing)
Reiser 2 - API 15-185-27013 (Oil - Producing)
Reiser 3 - API 15-185-27021 (Oil - Producing)
Reiser 4 - API 15-185-30028 (Oil - Producing)

The average monthly income is $356.25 based on 12 months of income.  The listed income is a historical monthly average from operator statements and is not a future prediction. In making a bid or offer, Buyer has or will rely solely on Buyer’s independent examination of the properties offered for sale, taking into consideration variables such as the type and age of wells, their location, their future decline, etc.  MCEE does not predict or warrant future income to be derived from the properties offered for sale.

MCEE Land will record the conveyance for the winning bidder.  Once received the operator will be notified of the new ownership and will be provided a copy of the recorded conveyance.  The recorded original 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