Lincoln Leased Minerals
Lot Number:1254
Start Time:4/25/2023 1:00:00 PM
End Time:5/2/2023 7:20:00 PM
Bid Count:24
High Bidder:5****8
Starting Bid:$100.00
Bid Increment:$100.00
Current Bid:$1,400.00
Bidding complete

This lot includes an undivided 2.5 Net Mineral Acres and an additional 1.55 acres of seller's executive rights in the SE/4 Sec 20-17N-4E, Lincoln County, OK.  

These minerals are subject to a current oil and gas lease dated 02-04-2021, with Oxford Oil & Gas, Inc. as lessee, a 3/16ths royalty and a two (2) year option to extend.

Currently under Primary Term

Three (3) year term, expiring 02-04-2024 with a two (2) year option to extend at $900/acre.

Winning bidder has the option to add up to two additional lots.

Note:  MCEE Land will file the conveyance for the winning bidder. A recording fee of $114.00 will be added to the invoice. 

Click on the Documents tab for more information.  When the auction is complete, please provide title information to within 24 hours to start the filing process.


Legal Description:SE/4 Sec 20-17N-4E
No donations for this lot

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