Sale Name: BidEX Online Auctions 2026
LOT 6876 - Gladwin, MI Leased Minerals (20 NMA)
County   Gladwin
State   MI
Acres   20 NMA
Additional Information   This lot has a reserve.
Description

FOR SALE: GLADWIN COUNTY MICHIGAN MINERALS

The location of these minerals are an extension of the North Buckeye Oil Field. 

The minerals are under a new lease with 3/16 royalty and are free of all cost whatsoever except severance tax.  The Lease primary term expires 11/12/28 and has a 2 year option to extend.

The targeted formation is the Dundee Formation which have yielded over 1 billion barrels of oil produced to date in Michigan.

Legal Description
TOWN 19 NORTH-RANGE 1 WEST (GLADWIN TOWNSHIP):
SECTION 28: S/2 SW/4, EXCEPT parcel of land described as: Commencing at S/4 corner of said Section 28 which is P.O.B.; thence N 88°38'29" W, along South Section line, 326.16 feet.; thence N 00°46'12" W, 1335.18 feet to S/8 line; thence S 89°08'46" E, along S/8 line, 326.06 feet to N-S/4 line; thence S 00°46'12" E, along N-S/4 line, 1338.05 feet back to P.O.B. FURTHER EXCEPT parcel of land described as: Commencing at S/4 corner of said Section 28; thence N 88°38'29" W, along South Section line, 1308.87 feet to P.O.B.; thence N 00°46'12" W, 1326.52 feet to S/8 line; thence S 89°08'46" E, along S/8 line, 655.66 feet; thence S 00°46'12" E, 1332.30 feet to South Section line; thence N 88°38'29" W, along South Section line, 655.85 feet back to P.O.B. 
SECTION 29: S/2 SE/4; SE/4 SW/4

(SEE DOCUMENTS TAB FOR MORE INFORMATION)

Additional minerals are available for purchase.

Note:  MCEE Land will file the Mineral Deed for the winning bidder. The recording services fee is $120.00 and will be added to the invoice. Please provide title information to info@mceeauction.com within 24 hours after the auction to start the filing process.

Quantity: 1