ML 6-7-14N-9W (Smaller Decimal) Minerals with Royalty
Lot Number:45.0
Completed
Start Time:3/4/2021 6:23:00 PM
Bid Count:12
High Bidder:5****1
Starting Bid:$100.00
Bid Increment:$50.00
Current Bid:$650.00
Bidding complete

Seller is offering 7 net mineral acres of the 640 in one (1) Net Mineral Acre increments. 1/8th (12.5%) Royalty. This smaller lot consists of 1/2 of (1) Net Mineral Acre.

12 Month Income:  $20,602.10 divided by 12 months = $1,716.84/month for all 7.765 NMA.
Net Income for 1 NMA is $221.10/month. 
One-half (0.5) NMA is $110.55/month.

Larger decimal lots are available in Lots 45.4 thru 45.8.


County:Canadian
State:OK
Operator:Devon Energy Corp.
Acres:0.5 (1/2 of 1 NMA - 7 of 640 acres)
Legal Description:Sec 7-14N-9W
Decimal Interest:0.00009765625
Monthly Net Income:$110.55
Additional Information:CLICK ON DOCUMENTS TAB FOR MORE INFORMATION
No donations for this lot
Canadian County, Oklahoma
United States