Lot Corrections and Additions

Corrections and Additions for the Feb 26, 2019 live auction

 

Lot 3, 3.2, and 3.3 – Buyer will have a 3x option.    This ORRI covers 640 Acres

Lot 4:  Well #4 being completed.  There is a 5th and 6th drilling location. 

Lot 5:  the correct decimal for the royalty is         (waiting on division order )

Lot 6:  Township is 33s not 32s

Lot 8:  Lot 8 was moved to lot 32.2.  It is an ORRI that goes with lot 32 but will sell separately

Lot 10:  Schultz lease holds 10 acres

Lot 12 and 12.2 – Buyer will have a 2x option.

Lot 19 and 19.2 – Buyer will have a 2x option

Lot 20:  Ostmeyer lease holds 10 acres

Lot 23:  royalty decimal .00009196   This is a 3/16 lease

Lot 24:  Lease has Simpson sand potential.  3D Seismic Cutout available.  Very nice Equipment.

Lot 27:  Generator and fuel tank on lease do NOT sell.  Seller is retaining these.

Lot 29, 29.2, and 29.3 – Buyer will have a 3x option.   This ORRI covers 640 Acres

Lot 32:  Immediately following the sale of this lease we will sell the orri on the 6.25% ORRI in the Westhusin.   It is lot 8 in the printed books and lot 32.2 online.  

Lot 35:  There is an additional well scheduled on this acreage for 2019

Lots 40 through 51 will all sell individually.   The clerk will total each lot and give the auctioneer a grand total.   These lots will then be sold combined as one lot with the bidding starting at the combined total plus the bid increment. 

Lot 52 and 52.2 – Decimal interest should be .015625 each instead of .0078125. Income is correct; decimal is not. Buyer will have a 2x option (2 sisters are selling identical interests)

Lot 53:  Lease has Simpson sand potential.  3D Seismic Cutout available.  Very nice Equipment.

Lot 57:  Good Arbuckle production under CIBP.  Excellent equipment.

Lot 72 and 72.2 – Buyer will have a 2X option.  Lease is in Cowley Co, NOT Stafford Co.

Lot 73:  Operator is Paradise Creek Oil and Gas Company, INC – NOT Randy Prater