Blaine Leased Minerals
Lot Number:77
Completed
Start Time:7/23/2020 5:20:00 PM
Bid Count:12
High Bidder:5****0
Starting Bid:$1.00
Bid Increment:$50.00
Current Bid:$150.00
Bidding complete
Leased Minerals in Blaine County, OK
8.0000 NMA in Sec 29-18N-11W and 2.6667 NMA in Sec 32-18N-11W Blaine County. HBP'd at 1/8th royalty by Morrow Zone wells Bill A #1 (JEC Operating, LLC) in 29-18N-11W and Burghardt #1 (Liberty Operating, Inc) in 32-18N-11W. Both wells make about $1 per month. New horizontal activity took place 2 miles south in 07-17N-11W (Highmark Resources, LLC) in 2016. Highmark also began to Pool section 32 in December 2016 but dismissed the cause. You can see the section 7 pooling order was at $4,500 for 1/8th lease to better understand the value seen in these emerging Mississippian HZ Plays.
County:Blaine
State:OK
Acres:10.6667 NMA
Legal Description:N/2 SW and SW SW Sec 29-18N-11W (8 NMA) and NW NW Sec 32-18N-11W (2.6667 NMA)
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
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United States
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