Description
Annual Spring Mineral Auction
OFERING 449.50 AC. OKLAHOMAOIL & GAS MINERAL RIGHTS
ON-LINE ONLY
THURSDAY, MAY 4, 2023 1:00 p.m.
Lot | County | Acres | Legal Description |
1 | Woodward County, OK |
10.00 nma | Sec.2- T20N-R19WIM, Open |
2 | Ellis County, OK | 40 nma | Sec 18-T21N-R25W, Leased @ 18.75%, Umbridled Resources, Howard 18-21-25 1 H |
3 | Logan County, OK | 50 nma | Sec 12-T16N-R1E, Open |
4 | Caddo County, OK | 15 nma | Sec. 10-T6N-R13W, Open |
5 | Caddo County, OK | 14 nma | Sec 5-T8N-R13W, Open |
6 | Washita County, OK | 40 nma | Sec 13-T8N-R14W, Open |
7 | Washita County, OK | 20.50 nma | Sec 14-T8N-R14W, Open |
8 | Washita County, OK | 50 nma | Sec 4-T8N-R17W, Open |
9 | Washita County, OK | 80 nma | Sec 31-T9N-R15W, Open |
10 | Washita County, OK | 15 nma | Sec 17-T10N-R14W, Open |
11 | Washita County, OK | 40 nma | Sec 7-T10N-R18W, Open |
12 | Washita County, OK | 40 nma | Sec 11-T10N-R18W, Open |
13 | Beckham County, OK | 35 nma | Sec 26-T11N-R22W, Open |
General Statements – Online bidding Only
Terms & Conditions: A 10% Buyer’s premium will be added to the high bid in the
auction to determine the purchase price of each tract. Contract to be electronically executed day of
auction (Please be available to execute contracts that day). Escrow of 10% to be due the following
business day by 3:00 p.m., along with buyers premium Buyers will have approx. 30 days to examine
the county records and satisfy themselves as to the title. Title reports due by June 1, 2023. Title will transfer
by Limited Warranty Deed (copy of deed available for review on this page, with no
exceptions to wording) Closing is to be on or by June 15, 2023 by Atlas Title & Closing, Cordell, OK. Buyer will have
the option to sign a title exam waiver if desired. Copies of buyers/sellers contracts and Deed are available for review on this page.
All information is taken from sources believed to be reliable. Guarantee of representation and title covered
in buyer/seller contract (copy available on this page). Buyer is responsible to perform due diligence of title to satisfy themselves as to clear title. Any announcements made the day of the auction supersede any and all written or advertised statements.