Thompson 29-1
Lot Number:1
Completed
Start Time:4/28/2022 5:29:00 PM
Bid Count:7
High Bidder:5****0
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$6,250.00
Bidding complete

Winning bidder has the option on the next 3 lots.

Lease #147773.  API: 15-185-24070.  Purchaser:  Coffeyville Resources.

Lease is making 12 BOPD Production from Arbuckle.  March 2022  check for February production was $974.77 @ $86.00/bbl price.  Behind pipe LKC and waterflood opportunities.

Net Income for all three wells is $8,440.22 for 12 months or $703.35 net monthly income at a 2.5% ORRI.  This interest has been divided into four equal lots.  The Net Monthly Income for each lot is $175.84 and the decimal interest is  0.00625.


County:Stafford
State:KS
Operator:Stratakan Exploration, LLC
Acres:320
Legal Description:NW Sec 29-21S-14W
Decimal Interest:0.00625
Monthly Net Income:$175.84
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
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