Alexander ORRI
Lot Number:10019
Start Time:9/15/2022 6:31:00 PM
Bid Count:7
High Bidder:5****4
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$16,500.00
Bidding complete

Lease #131706.  API: 15-007-22406.  Purchaser: NCRA.  Revenue statements are not available.  The income for the Alexander is based on $93.42/bbl on the following production:

02-2022 - 327 bbl x $93.42 x 0.029296875 = $894.97
03-2022 - 319 bbl x $93.42 x 0.029296875 = $873.08
04-2022 - 162 bbl x $93.42 x 0.029296875 = $443.38

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:Rama Operating
Legal Description:SE SE Sec 3-32S-15W
Decimal Interest:0.029296875
Monthly Net Income:$737.14
No donations for this lot
United States