Troyce 14-30 A Units MI/RI
Lot Number:3036
Completed
Start Time:11/8/2022 2:00:00 PM
End Time:11/15/2022 8:15:00 PM
Bid Count:27
High Bidder:2****2
Starting Bid:$100.00
Bid Increment:$100.00
Current Bid:$4,570.00
Bidding complete

This is a 6-well producing MI/RI package in the Permian Basin.  All wells are horizontal. 

The Revenue Statements in the Data Package (click on the Documents tab) reflect the full interest owned.  The cash flow table reflects the actual interest being conveyed.

 

The winning bidder has the option of additional lots at the winning bid price.

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.

The effective date is January 1, 2023.

 


County:Howard
State:TX
Operator:Highpeak Energy Holdings, LLC
Acres:160
Legal Description:NW Sec 14, Blk 25, H&TC RR Co. Survey, A-1649
Decimal Interest:0.00000977
Monthly Net Income:$129.14
No donations for this lot

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