4-1Mineral Auction

Thursday, April 01, 2021 12:00 PM

Wiggins Auctioneers LLC
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. 10% of the purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of merchantable title, at closing. Buyers will have 20 days to examine the county records and satisfy themselves as to the title. Title will transfer by Limited Warranty Deed. Closing is to be on or by May 14, 2021. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, production, etc. prior to auction day. Any announcements made the day of the auction supersede all advertising.
Meeting Room #1 of the Pavilion of the Chisholm Trail Expo Center, 111 W. Purdue, Enid, OK US
440 +/- Net Mineral Acres & Working Interest Kingfisher, Major, Payne, Garfield & Blaine Co., OK Thursday – April 1, 2021 – 10:00 a.m. Online Bidding Available! Auction Location: Meeting Room #1 of the Pavilion of the Chisholm Trail Expo Center, 111 W. Purdue, Enid, OK Kingfisher Co., OK Mineral #1 Legal: Undivided 7/48 interest of minerals in, under and to the E/2 W/2 NE/4 and W/2 E/2 NE/4 8-19N-8W, Kingfisher Co., OK Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles N. & 2 miles W. NMA: 11.66667 +/- Production: appears to be from the Lyndall Choate #1, operated by JHATCO INC. Owner: Justin Choate and Debra Choate, h&w (see attached Cursory Ownership Report) Mineral #2 Legal: All minerals and mineral interest in, under and to the N/2 N/2 SW/4 2-19N-8W, Kingfisher Co., OK Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles N. NMA: 40 +/- Production: appears to be from the Edna Nixon 1-2 (RI: 0.03125) & Breckenridge 1-2H (RI: 0.00794130), paid by Chisholm Oil and Gas Operating, LLC of Tulsa, OK Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report) Mineral #3 Legal: All minerals in, under and to the NE/4 SE/4 and E/2 SE/4 SE/4 20-19N-8W, Kingfisher Co., OK Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles W. & ½ mile S. NMA: 60 +/- Production: appears to be from the Vaverka 1-20H (RI: 0.01757813), paid by Chisholm Oil and Gas Operating, LLC of Tulsa, OK Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report) Kingfisher & Payne Co., OK Mineral #4 a.-b. a. Legal: All minerals in, under and to a 7.17 acre tract in the W/2 NE/4 30-19N-8W, Kingfisher Co., OK (see attached Cursory Ownership Report for complete legal) Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 3 miles W. & 1 mile S. NMA: 7.17 +/- Production: appears to be from the Danny Ray 1-30H (RI: 0.00215811), paid by Chisholm Oil and Gas Operating, LLC of Tulsa, OK Owner: Justin Ray Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report) b. Legal: An undivided .309765 net mineral acres in, under and to the W/2 NE/4 5-17N-5E, Payne Co., OK Approx. Location: 1 mile W. of Cushing NMA: 0.309765 Production: Unknown Owner: Justin R. Choate and Debra L. Choate, h&w Major Co., OK Mineral #5 Legal: An undivided ½ interest of minerals in, under and to the S/2 N/2 SW/4 13-21N-10W, Major Co., OK Approx. Location: from “Y” N. of Ames, 2 ½ miles W. & 1 mile N. NMA: 20 +/- Leasehold: appears to be leased by Oklahoma Energy Acquisitions, LP for 3 year term, dated 4/2/2018 @ 1/5 royalty with depth clause Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report) Mineral #6 Legal: All minerals in, under and to a tract of land in the NW/4 26-20N-9W, Major Co., OK Approx. Location: from Ames, 2 ½ miles E. & 4 miles S. NMA: 24 +/- Leasehold: appears to be nonproducing and open for lease Owner: Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report) Mineral #7 Legal: All minerals and mineral interest in, under and to the SW/4 12-20N-10W, Major Co., OK, less and except RR ROW, subject to Royalty Deeds conveying (3) 1/6 non-participating interests for a term of 25 years plus production, Major Co., OK Approx. Location: from Ames, 2 ½ miles W. & 1 ½ miles S. NMA: 157 +/- Leasehold: E/2 SW/4 appears to be leased by Oklahoma Energy Acquisitions, LP for 3 year term, dated 4/2/2018 @ 1/5 royalty with depth clause Production: Production appears to be from Harvey #1 with last production recorded in 2017. Status of well unknown. Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (see attached Cursory Ownership Report) Garfield Co., OK Mineral #8 Legal: An undivided ½ interest of minerals in, under and to NW/4 1-24N-6W, Garfield Co., OK Approx. Location: from Kremlin, 1 ½ miles E. on Keowee Rd., then continuing N. on 54th St. (blacktop) 2 ½ miles NMA: 80 +/- Production: appears to be from the Thompson (RI: 0.03120600), paid by Mustang Gas Products, LLC. 2020 1099 reflects net revenue of $36.13. Owner: Matthew Tucker Mineral #9- Royalty & Working Interest a.-b. a. Well: Simpson #1 located in the NW/4 11-22N-6W, Garfield Co., OK Working Interest: 0.1140129 Royalty Interest: 0.05480033 b. Well: Simpson #2 located in the NE/4 11-22N-6W, Garfield Co., OK Working Interest: 0.1171771 Royalty Interest: 0.050693 Owner: Carl White Mineral #10- Royalty & Working Interest Well: Janssen located in 31-23N-4W, Garfield Co., OK Working Interest: 0.12304687 Royalty Interest: 0.00227846 Owner: Carl White Mineral #11- Minerals & Working Interest Legal: An undivided 25.51 net mineral acres in, under, and to the NW/4 10-22N-6W, Garfield Co., OK Well: Blakey #2 Working Interest: 0.16600000 Owner: Carl White Blaine Co., OK Mineral #12 Legal: All minerals in, under and to the SW/4 SW/4 29-19N-12W, Blaine Co., OK Approx. Location: from SH 51/ SH 51A Jct. (near Southard), 2 miles W. on SH 51 & 2 miles N. NMA: 40 +/- Production: appears to be from the Wymer 1-29 (RI: 0.0078125), paid by Staghorn Petroleum, LLC of Tulsa, OK. 2020 1099 reflects net revenue of $94.80. Owner: Lonnie Howerton>

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Announcement: Information contained herein is presented on behalf of the seller. Wiggins Auctioneers LLC, agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.