Goldfield 1H & 2H, Hickory Park 1H
Lot Number:11
Completed
Start Time:10/30/2019 2:00:00 PM
End Time:11/7/2019 5:35:22 PM
Bid Count:86
High Bidder:5****4
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$12,500.00
Bidding complete

   BIDex Online Auction (Ending 11/7/2019)


County:Denton
State:TX
Operator:Sage Natural Resources, LLC
Legal Description:Goldfield 2H: HH Swisher Survey 1220. 1H: MEP&P RR A-715. H Park: MEP&P Co. 1600 - all pooled.
Acres:Goldfield: 325.26; Hickory Park: 237.6 (pooled)
GWI:Goldfield: 10%; Hickory Park: 10%
NRI:Goldfield: 0.075; Hickory Park: 0.0733724
Monthly Net Income:$577.71/mo
Additional Information:API's - Goldfield 2H: 42-121-32181; 2H: 42-121-32330; Hickory Park 1H: 42-121-32633 Net Income (all three leases): $17,649.00 Gross Income $ 9,561.44 Gross Expenses ------------ $ 8,087.56 Net Income $577.71/mo (14 months)
No donations for this lot
Texas
United States

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.