Lake 1-35H et al
Lot Number:20324
Completed
Start Time:5/9/2023 1:00:00 PM
End Time:5/16/2023 7:20:00 PM
Bid Count:39
High Bidder:5****0
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$10,000.00
Bidding complete

This property made $5,426.12 from October to January or a 4 month average of $1,356.53 per month.  It is being divided into four equal lots for a $339.13 monthly net income.  Winning bidder has the option of an additional lot at the winning bid price.

Please note that additional locations are available for further development in Woodford and Meramec formations.

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 $100.00 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:Devon Energy Production Company, LP
County:Blaine
State:OK
Legal Description:S/2 SE/4 Sec 35-15N-10W
Monthly Net Income:$339.13
No donations for this lot

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.