Avery 14-1 (x3)
Lot Number:1244
Start Time:4/25/2023 1:00:00 PM
End Time:5/2/2023 7:10:00 PM
Bid Count:34
High Bidder:5****4
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$9,750.00x 3= $29,250.00
Bidding complete

Lease #147280. API: 15-023-21488. Purchaser: CVR Supply & Trading, LLC.

This lot is being split three separate lots.  Monthly Net Income for the 2% interest is based on a total income of $15,442.09 for 31 months for a monthly net income of $498.13.  The monthly net income for this lot is $166.04 with an undivided 1/3 of the 2% interest.  Click on the Documents tab for a breakdown of income by production date.

Seller Comments:  Additional Seismic location on the northern edge of the lease.

Winning bidder has the option on the additional 2 lots at the winning bid price.

Note:  The MCEE Land department will record the conveyance for the winning bidder and notify the operator/purchaser of the new ownership.  The recorded instrument will be mailed to the buyer with operator/purchaser contact info included.  The recording, notifying and document fees are $111.00 and will be added to the invoice.

Click on the Documents tab for the Data Package which includes a draft of the conveyance 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:Arcadian Resources, LLC
Legal Description:SE/4 Sec 14-5S-37W
Decimal Interest:0.00667
Monthly Net Income:$166.04
No donations for this lot
United States

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