Red Bud ST (WBO)
Lot Number:1253
Start Time:4/25/2023 1:00:00 PM
End Time:5/2/2023 7:22:00 PM
Bid Count:44
High Bidder:5****8
Starting Bid:$100.00
Bid Increment:$100.00
Current Bid:$3,600.00
Bidding complete
Reserve met

This lot includes the royalty interests in the wellbores of three (3) producing wells in Sec 32-25S-36E in Lea County, New Mexico.  The monthly net revenue conveyed is $125.22/month based on two months of revenue statements.

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.  See chart above for the conveyed decimal interest.

The MCEE Land department will record the conveyance for the winning bidder.  Once received the operator will be notified of the new ownership by sending a copy of the recorded conveyances 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 $105.00 and will be added to the invoice.

Click on the Documents tab for the Data Packages which includes a draft of the conveyance that will be recorded.  When the auction is complete, please provide title information to within 24 hours to start the filing process.


Operator:Ameredev Operating, LLC
Legal Description:Sec 32-25S-36E
Monthly Net Income:$125.22
No donations for this lot

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