Labokay (WBO) Royalty Interest

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Lot Number:1180

Completed

Start Time:12/20/2022 2:00:00 PM

End Time:12/27/2022 8:40:47 PM

Bid Count:30

High Bidder:5****7

Starting Bid:$100.00

Bid Increment:$100.00

Current Bid:$2,000.00

Bidding complete

NO RESERVE!

WELLBORE ONLY. Two (2) horizontal wells, with a surface location in Section 32-T9N-R11W and a bottom hole location in Section 5-T8N-R11W, Sabine Parish, Louisiana.

Labokay 32-5 HC 001-ALT API: 17-085-22599
Labokay 32-5 HC 002-ALT API: 17-085-22600

Please Note: The MCEE Land department will record the conveyances for the winning bidder. They will then notify the operators of the new ownership by sending a copy of the recorded deeds requesting the interest be put into suspense and division orders sent out. The recorded instruments will be mailed to the buyer with operator contact info included. The recording, notifying and document fees are $185.00 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.

Operator:Chesapeake Operating, LLC

County:Sabine

State:LA

Legal Description:Sec 32-9N-11W, 5-8N-11W

Decimal Interest:0.00000957

Monthly Net Income:$108.26

Additional Information:BUYER DID NOT PAY. RELISTING AS LOT 1189 IN 2023 AUCTIONS.

No donations for this lot

Lot Documents:

Data_Packet_Labokay_WBO_RI.pdf

3.4 MB

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