The seller is offering their overriding royalty rights in Eddy County, Delaware Basin.

9 permits (1 DUC) and 1 RIG running on sellers ownership!

The sellers interest in 2 legal locations have active permits.  In T19S-R31E Mewbourne Oil currently has a rig on location for the two active permits. 1 DUC and 1 actively drilling In addition, S4_T18S_R27E Riley Permian has 7 active permits running through the sellers ownership.

The interest is currently pay on multiple horizontal and vertical well/s drilled between 1983 to current and with the multiple new horizontal permits and drilling activity there is significant potential for that income to greatly increase.

The N/2 section 4 is completely undeveloped and surrounded by activity proving even a greater upside in the future.

The SE/4 of section 9 (where the interest is located) is completely undeveloped and surrounded by activity proving even a greater upside in the future.

Revenue from HP Sinclair and SEP Permian are not included in monthly revenue calculation.

Additional wells may be owned in the Empire ABO Unit and operated by Hilcorp Energy Company. Seller has reached out to the operator for clarification on ownership. NOTE: Ownership in each section does NOT cover the entire sections, but seller is using ALL language in each section of the legal description to ensure buyers capture all interest owned by seller. Example: Section 9 interest is only the SE/4 but the deed conveys ALL interest covered in that section.

A list of wells and permitted wells is included in the data package located in the Documents tab.

Income represents 1/20th of seller's total interest. The monthly net revenue conveyed is $14.65 based on 1 month of revenue. 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.

Additional lots are available at the winning bid price. If interested, contact info@mceeauction.com directly after the auction.

Effective Date: August 1, 2026

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. See table above for conveyed interest.

MCEE Land will record the conveyance for the winning bidder. The operator 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 Package 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.