Blagrave, Derwood MI/RI
Lot Number:3030
Completed
Start Time:7/12/2022 1:00:00 PM
End Time:7/19/2022 7:15:12 PM
Bid Count:31
High Bidder:5****1
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$5,500.00
Bidding complete

This is an 8-well producing MI/RI package in the Permian Basin.  All wells are horizontal.

The check stub included in the Data Package reflects the full interest owned.  The cash flow table reflects the actual interest being conveyed.  

Please Note: The MCEE land department will record the conveyance for the winning bidder.  They will then notify the operator of the new ownership by sending a copy of the recorded deed requesting the interest be put into suspense and division orders sent out.  The recorded instrument will be mailed to the buyer with operator contact info included.  The recording, notifying and document fees are $150.00 per lot.

Click on the Documents tab for the Data Package which includes a draft of the deed 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.


County:Martin
State:TX
Operator:Pioneer Natural Resources USA, Inc.
Monthly Net Income:$125.09
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
No donations for this lot
Kansas
United States

Welcome to BidEx!   This is Mid-Continent Energy Exchange’s proprietary on line auction platform.    Assets listed here are sold subject to the terms and conditions of the buyer and sellers agreements that must be executed before buying and selling.