Baker ORRI
Lot Number:10042
Start Time:9/15/2022 6:31:00 PM
Bid Count:3
High Bidder:5****6
Starting Bid:$100.00
Bid Increment:$100.00
Current Bid:$1,200.00
Bidding complete

Lease #216119.  API: 15-033-20737.  Purchaser: Koch Oil Co.

Revenue statements are not available.  The income for the Baker is based on $7.14/mcf on the following production:

01-2022 - 256 mcf x $7.14 x 0.0273438 = $49.98
01-2022 - 150 mcf x $7.14 x 0.0273438 = $29.29
02-2022 - 27 mcf x $7.14 x 0.0273438 = $5.27

Note: The MCEE Land Department will record the conveyance for the winning bidder.  The operator will be notified 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 instruments will be mailed to the buyer with operator contact info included.  The recording, notifying and document fees are $85.00 for this lot and will be added to the invoice. Click on the Documents tab for the Data Package which includes a draft of the assignment that will be recorded.  When the auction is complete, please provide title information to within 24 hours to start the filing process.

Operator:Graves Drilling Co.
Legal Description:S/2 S/2 & N/2 S/2 Sec 10-34S-20W
Decimal Interest:0.0273438
Monthly Net Income:$28.18
No donations for this lot
United States