Green, Rosemary Lowery, Sooner State Farms, Farris
Lot Number:205
Completed
Start Time:12/8/2021 4:00:00 PM
Bid Count:1
High Bidder:5****6
Starting Bid:$100.00
Bid Increment:$50.00
Current Bid:$100.00
Bidding complete

All wells were shut down last year for many months due to oil prices but all are back up and operating now.  The Green lease was down longer than the others and didn't sell gas for many months but is back up and operating now and selling gas.   A Revenue/Expense Summary sheet is included in the data packages.  The last three months have had an average net income of $11,546.

Green 1-24 - Sec 24-4N-2W Green County - API: 35-049-24387; Lease #049-111716

Rosemary Lowery 1 - SW SW SW Sec 27-4N-1W Garvin County - API: 35-049-20931; Lease #049-052090

Sooner State Farms 1-31 - NE NW Sec 31-6N-1E Cleveland County- API: 35-027-20840; Lease #084247

Farris 1-32 - SE NW SE Sec 32-13N-2W Oklahoma County - API: 35-109-20518; Lease #073250


County:Garvin, Cleveland, Oklahoma
State:OK
Operator:Black Gold Oil Co., Inc.
Acres:40
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
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Garvin, Cleveland, Oklahoma Counties, OK,
United States