Austin Chalk-3, Eagleford Producing Royalties
Lot Number:58
Completed
Start Time:9/10/2021 8:30:00 PM
End Time:9/18/2021 1:00:00 AM
Bid Count:53
High Bidder:5****9
Starting Bid:$1.00
Bid Increment:$250.00
Current Bid:$8,550.00
Bidding complete
NO RESERVE!! 4 Producing Wells (2 horizontal; 2 vertical) in Burleson, TX.
Formations: Austin Chalk-3, Eagleford
Production Breakdown:
75.74% - Oil
6.09% - Gas
18.17% - NGL
Cash Flow - $107.91 per month (Cash flow represents 30% of Check Statements)
Operator:Chesapeake Operating, LLC
County:Burleson
State:TX
Legal Description:16.447 acres of land, more or less, in the A. M. Cooper Survey, A-85, described in that certain Warranty Deed dated March 3, 1973, from Richard M. Hammond and James W. Hammond, as Granters, to Joseph Matcek, as Grantee, recorded in Volume 209, Page 65 of the Deed Records, Burleson County, Texas.
Monthly Net Income:$107.91
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
No donations for this lot
Burleson County, TX,
United States
United States
Lot Documents:
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.