Kraken 1-3 Unit 2 & Kraken 10-3 E1

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Lot Number:1049

Completed

Start Time:1/25/2022 2:00:00 PM

End Time:2/1/2022 8:30:00 PM

Bid Count:57

High Bidder:1****8

Starting Bid:$100.00

Bid Increment:$250.00

Current Bid:$16,500.00

Bidding complete

NO RESERVE! ** The Monthly Net income has increased to a 3-month average of $316.00 based on the latest statement. **

This is an 11-well MI/RI - Non-Executive Mineral Interest located in Howard & Martin Counties, TX. The average net income is $294.16 per month.

KRAKEN 10-3 UNIT 2 - API# 42-227-40419, 42-227-40855, 42-227-40856, 42-227-40857, 42-227-40858, 42-227-40859, 42-317-43279, 42-317-43280, 42-317-43281, 42-317-43282

KRAKEN 10-3 E1 - API# 42-227-40418

Please note the decimal interest being sold is 10% of what is shown on the Revenue Statement in the Data Package (click on the Documents tab).

County:Howard & Martin

State:TX

Operator:Endeavor Energy Resources, L.P.

Legal Description:Sec 10 - Blk 34 T2N - Survey T&P RR CO/BROOKING, A E - Abstract: 1376, 1125

Decimal Interest:0.00000790, 0.00001538

Monthly Net Income:$316.00

Additional Information:CLICK ON THE DOCUMENTS TAB FOR ADDITIONAL INFORMATION.

No donations for this lot

Lot Documents:

Data_Packet_BidEx_Lot_1049_Kraken_RI.pdf

9.4 MB

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