Conner 15-3 Unit RI (Lots 1171.1 thru 1171.6)
Lot Number:1171.1
Completed
Start Time:11/9/2022 4:10:00 PM
End Time:11/9/2022 4:11:00 PM
Bid Count:0
High Bidder:5****3
Starting Bid:$100.00
Bid Increment:$50.00
Current Bid:$0.00x 6
Bidding disabled

5-Well Royalty Interest in Howard, TX with a 5-month net income average of $153.07.  The Walker 3 1 is currently non-producing.

Note:  The Revenue Statement included in the data package is for information purposes and is not representative of the interest owned by the seller or what is being conveyed in this lot.

Operator:  Laredo Petroleum, Inc., 15 W Sixth St Ste 900, Tulsa, OK 74119. Phone: 918-513-4570. Email: OwnerRelations@laredopetro.com.

The winning bidder will have the option to buy an additional six (6) 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 operators of the new ownership by sending a copy of the recorded assignment 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 $110.00 and will be added to the invoice.

Click on the Documents tab for the Data Packages 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:Howard
State:TX
Operator:Laredo Petroleum, Inc.
Acres:960
Legal Description:The East Half (E/2) of Section 3, Block 32, Township 1 North, T&P RR Co., Survey, A-129, The East Half (E/2) of Section 10, Block 32, Township 1 North, T&P RR Co., Survey, A-1208, and the East Half (E/2) of Section 15, Block 32, Township 1 North, T&P RR Co., Survey, A-135
Decimal Interest:Various
Monthly Net Income:$153.07
No donations for this lot

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.