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 firstname.lastname@example.org within 24 hours to start the filing process.
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