This lot contains various royalty interests (producing minerals) in three (3) horizontal wells, all with a surface location in Section 8-T17N-R15W and a bottom hole location in Section 5-T17N-R15W, Caddo Parish, Louisiana. Operated by Blue Dome Operating, LLC of Tulsa, Oklahoma. The monthly net revenue conveyed is $161.24/month based on four 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 conveyance 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 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.
Welcome to BidEx! This is Mid-Continent Energy Exchange’s proprietary on line auction platform. Assets listed here are sold subject to the terms and conditions of the buyer and sellers agreements that must be executed before buying and selling.