Lee, GEP 5-Well Royalty Interest
Lot Number:1192
Completed
Start Time:1/17/2023 2:00:00 PM
End Time:1/24/2023 8:51:28 PM
Bid Count:83
High Bidder:d****m
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$10,750.00
Bidding complete

In pay on 5 new wells under Aethon with first production coming online in July of 2022. With the past three months income averaging over $4770 per month. Great gas wells under a great operator.

Winning bidder has the option to buy an additional 3 lots at the winning price for a total of 4 lots.

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.  Please refer to the charts above and below.

Note: The MCEE Land department will record the conveyance for the winning bidder.  Please note the conveyance will be recorded in two counties and will therefore take additional time.  Once received 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 instrument will be mailed to the buyer with operator contact info included.  The recording, notifying and document fees are $190.00 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:Aethon Energy Operating, LLC
County:Bienville Parish
State:LA
Legal Description:NE/4 NW/4 & NW/4 NE/4 Sec 13-15N-10W
Monthly Net Income:$298.18
No donations for this lot

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