Gove County Minerals/RI
Lot Number:19
Completed
Start Time:2/27/2020 5:00:00 PM
Bid Count:2
High Bidder:1****2
Starting Bid:$100.00
Bid Increment:$50.00
Current Bid:$100.00x 220= $22,000.00
Bidding complete

Minerals/Royalty Interest in Gove Co., KS


County:Gove
State:KS
Operator:Palomino Petroleum
Acres:220 NMA
Legal Description:Legal Description: The NE/4 of section 2-15S-27W is leased by Palomino Petroleum, Inc for 3 years at 1/6 royalty until 11-7-21 (80 net mineral acres). The NE/4 (less tract) of section 35-14S-27W is leased by Palomino Petroleum, Inc for 3 years at 1/6 royalty until 6-24-22 (60 net mineral acres). The NW/4 section 35-14S-27W is currently unleased (80 net mineral acres).
Decimal Interest:1/6 lease. 16.667% royalty
Additional Information:Sells by the acre - 220 x price / acre.
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