Seller owns 3.75 NRA of mineral rights located directly in the liquids-rich fairway of Canadian County, Oklahoma. VALIDUS ENERGY II MIDCON LLC currently has one drilling rig on location and is actively developing 4 Wells (3 Miss 1 Deese). Each lot contains 0.375 NRA.
Mineral rights in this portion of Canadian County rarely become available, particularly within units that are actively being developed. To provide some perspective on value, below are a few recent transactions involving similar acreage located in active development units nearby:
- 5-well developments have traded around $20,000 per acre (Coterra's Marilyn Unit, 12N-9W, Canadian County)
- 9-well developments have traded closer to $30,000 per acre (Coterra's Roberts BIA Unit, 13N-10W, Canadian County)
It's important to note that those transactions occurred after the existing mineral owner had received approximately one year of production revenue. In other words, buyers paid those prices while missing the initial "flush" production period.
Additional lots are available at the winning bid price. If interested, contact info@mceeauction.com directly after the auction.
Effective Date: August 1, 2026
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.
