Clare County, Michigan - Mineral Rights for Sale

Property Overview

Location:  Redding Township, Clare County, Michigan

Legal Description:  Section 24, T19N-R6W: NW/4 NE/4, EXCEPT that part lying North of a line commencing at the N/4 corner of Section 24, thence South 110.60 feet to P.O.B., thence East to a point on the E/8 line that is South 111.01 feet from the NE corner of NW/4 NE/4 (P.O.E).

Gross Tract Acreage:  36.64 acres

Interest Offered:  16.64 Net Mineral Acres (45.4% of the gross tract)

Mineral Type:  All oil, gas, and other minerals

Lease Status:  Currently unleased - no active lease encumbrance; full bonus and royalty terms open to negotiation with new buyer.

The new producing well, Cole 1-26, is less than 1 mile away from the Section 24 minerals offered for sale. In the 9 months of reported production, Cole 1-26 has produced 3,712 barrels of oil - an average of 35/month.

MCEE Land will file the Mineral Deed for the winning bidder. Recording 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.