6/3 440 +/- Net Mineral Acres in 10 Tracts

Thursday, June 03, 2021

Wiggins Auctioneers
By registering for this auction, I hereby certify that: 1.I acknowledge that I have received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), and Mineral Memorandum of Sale. 2.I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction.3.I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Mineral Memorandum of Sale.4.I have examined the Mineral Memorandum of Sale and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing.5.I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself prior to bidding.6.I understand that if I am the successful bidder, I agree to complete and sign the Mineral Memorandum of Sale immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Mineral Memorandum of Sale.7.I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising.8.I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
Meeting Room #1 of the Pavilion of the Chisholm Trail Expo Center, 111 W. Purdue, Enid, OK US
440 +/- Net Mineral Acres in 10 TractsOil & Gas Production w/Substantial Revenue | Investment Opportunity!Alfalfa & Grant Co., OKThursday - June 3, 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, OKAlfalfa County, OKMineral #1Legal: Seller's share of minerals and mineral interest in, under, and to the NW/4 of Sec. 34, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, OK, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then ½ mile W. NMA: 160 +/- Production: appears to be from the Patton Trust 34-26-11 1H with RI of 0.04687500 and the B&J Hughes 34-26-11 2H with RI of 0.04687500.2020 Net Revenue: Approx. $122,620 in total. Check stubs reflect 2020 net revenue to be approx. $44,175 for the Patton Trust 34-26-11 1H and approx. $78,445 for the B&J Hughes 34-26-11 2H, paid by BCE-MACH LLC of OKC, OK.Owner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in undivided 1/4 interests with the high bidder's option to purchase up to 100%. Mineral #2Legal: Seller's share of minerals and mineral interest in, under, and to the SE/4 of Sec. 25, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then 1 ½ miles E. NMA: 160 +/- NMA of Participating Interest & 120 +/- NMA of Royalty InterestProduction: appears to be from the Patton 25 & 24-26-11 1H with RI of 0.03515625 and the Fortress 1-25 with RI of 0.035156252020 Net Revenue: Approx. $54,687 in total. Check stubs reflect 2020 net revenue to be approx. $50,993 for the Patton 25 & 24-26-11 1H, paid by BCE-MACH LLC of OKC, OK and approx. $3,693 for the Fortress 1-25, paid by Chesapeake Operating, LLC of OKC, OKOwner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in ¼ interests with the high bidder's option to purchase up to 100% interest.Mineral #3Legal: Seller's share of minerals and mineral interest in, under, and to the S/2 S/2 NE/4 of Sec. 33, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located across road W. from Mineral #1NMA: 40 +/-Production: appears to be from the Porter 33-26-11 2H with RI of 0.00878906 & 0.00195313; the State 33-26-11 1H with RI of 0.00878906; and the State 33-26-11 3H with RI of 0.00878906 & 0.00195313.2020 Net Revenue: Approx. $30,469 in total. Check stubs reflect 2020 net revenue to be approx. $2968 for the Porter 33-26-11 2H; approx. $3,663 for the State 33-26-11 1H; and approx. $23,837 for the State 33-26-11 3H, paid by BCE-MACH LLC of OKC, OK.Owner: Roberta Jean Patton Revocable Living TrustGrant County, OKMineral #4Legal: Seller's share of minerals and mineral interest in, under, and to the E/2 NE/4 of Sec. 28, Twp. 25N, R4 W.I.M., Grant Co., OKApprox. Location: Located 5 miles SW of Lamont on SH 74, then 2 miles W. on Comanche RdNMA: 80 +/-Production: appears to be nonproducing & open for leaseOwner: The James R. & Betty Reid Revocable Trust 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 July 19, 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.
Lot #: 1a

Und. 1/4 Int. in Mineral #1

Mineral #1Legal: Seller's share of minerals and mineral interest in, under, and to the NW/4 of Sec. 34, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, OK, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then ½ mile W. NMA: 160 +/- Production: appears to be from the Patton Trust 34-26-11 1H with RI of 0.04687500 and the B&J Hughes 34-26-11 2H with RI of 0.04687500.2020 Net Revenue: Approx. $122,620 in total. Check stubs reflect 2020 net revenue to be approx. $44,175 for the Patton Trust 34-26-11 1H and approx. $78,445 for the B&J Hughes 34-26-11 2H, paid by BCE-MACH LLC of OKC, OK.Owner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in undivided 1/4 interests with the high bidder's option to purchase up to 100%.
Lot #: 1b

Und. 1/4 Int. in Mineral #1

Mineral #1Legal: Seller's share of minerals and mineral interest in, under, and to the NW/4 of Sec. 34, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, OK, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then ½ mile W. NMA: 160 +/- Production: appears to be from the Patton Trust 34-26-11 1H with RI of 0.04687500 and the B&J Hughes 34-26-11 2H with RI of 0.04687500.2020 Net Revenue: Approx. $122,620 in total. Check stubs reflect 2020 net revenue to be approx. $44,175 for the Patton Trust 34-26-11 1H and approx. $78,445 for the B&J Hughes 34-26-11 2H, paid by BCE-MACH LLC of OKC, OK.Owner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in undivided 1/4 interests with the high bidder's option to purchase up to 100%.
Lot #: 1c

Und. 1/4 Int. in Mineral #1

Mineral #1Legal: Seller's share of minerals and mineral interest in, under, and to the NW/4 of Sec. 34, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, OK, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then ½ mile W. NMA: 160 +/- Production: appears to be from the Patton Trust 34-26-11 1H with RI of 0.04687500 and the B&J Hughes 34-26-11 2H with RI of 0.04687500.2020 Net Revenue: Approx. $122,620 in total. Check stubs reflect 2020 net revenue to be approx. $44,175 for the Patton Trust 34-26-11 1H and approx. $78,445 for the B&J Hughes 34-26-11 2H, paid by BCE-MACH LLC of OKC, OK.Owner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in undivided 1/4 interests with the high bidder's option to purchase up to 100%.
Lot #: 1d

Und. 1/4 Int. in Mineral #1

Mineral #1Legal: Seller's share of minerals and mineral interest in, under, and to the NW/4 of Sec. 34, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, OK, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then ½ mile W. NMA: 160 +/- Production: appears to be from the Patton Trust 34-26-11 1H with RI of 0.04687500 and the B&J Hughes 34-26-11 2H with RI of 0.04687500.2020 Net Revenue: Approx. $122,620 in total. Check stubs reflect 2020 net revenue to be approx. $44,175 for the Patton Trust 34-26-11 1H and approx. $78,445 for the B&J Hughes 34-26-11 2H, paid by BCE-MACH LLC of OKC, OK.Owner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in undivided 1/4 interests with the high bidder's option to purchase up to 100%.
Lot #: 2a

Und. 1/4 Int. in Mineral #2

Mineral #2Legal: Seller's share of minerals and mineral interest in, under, and to the SE/4 of Sec. 25, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then 1 ½ miles E. NMA: 160 +/- NMA of Participating Interest & 120 +/- NMA of Royalty InterestProduction: appears to be from the Patton 25 & 24-26-11 1H with RI of 0.03515625 and the Fortress 1-25 with RI of 0.035156252020 Net Revenue: Approx. $54,687 in total. Check stubs reflect 2020 net revenue to be approx. $50,993 for the Patton 25 & 24-26-11 1H, paid by BCE-MACH LLC of OKC, OK and approx. $3,693 for the Fortress 1-25, paid by Chesapeake Operating, LLC of OKC, OKOwner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in ¼ interests with the high bidder's option to purchase up to 100% interest.
Lot #: 2b

Und. 1/4 Int. in Mineral #2

Mineral #2Legal: Seller's share of minerals and mineral interest in, under, and to the SE/4 of Sec. 25, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then 1 ½ miles E. NMA: 160 +/- NMA of Participating Interest & 120 +/- NMA of Royalty InterestProduction: appears to be from the Patton 25 & 24-26-11 1H with RI of 0.03515625 and the Fortress 1-25 with RI of 0.035156252020 Net Revenue: Approx. $54,687 in total. Check stubs reflect 2020 net revenue to be approx. $50,993 for the Patton 25 & 24-26-11 1H, paid by BCE-MACH LLC of OKC, OK and approx. $3,693 for the Fortress 1-25, paid by Chesapeake Operating, LLC of OKC, OKOwner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in ¼ interests with the high bidder's option to purchase up to 100% interest.
Lot #: 2c

Und. 1/4 Int. in Mineral #2

Mineral #2Legal: Seller's share of minerals and mineral interest in, under, and to the SE/4 of Sec. 25, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then 1 ½ miles E. NMA: 160 +/- NMA of Participating Interest & 120 +/- NMA of Royalty InterestProduction: appears to be from the Patton 25 & 24-26-11 1H with RI of 0.03515625 and the Fortress 1-25 with RI of 0.035156252020 Net Revenue: Approx. $54,687 in total. Check stubs reflect 2020 net revenue to be approx. $50,993 for the Patton 25 & 24-26-11 1H, paid by BCE-MACH LLC of OKC, OK and approx. $3,693 for the Fortress 1-25, paid by Chesapeake Operating, LLC of OKC, OKOwner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in ¼ interests with the high bidder's option to purchase up to 100% interest.
Lot #: 2d

Und. 1/4 Int. in Mineral #2

Mineral #2Legal: Seller's share of minerals and mineral interest in, under, and to the SE/4 of Sec. 25, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located from S. edge of Cherokee, approx. 3 miles S. on SH 8 (2 miles N. of Cozy Curve), then 1 ½ miles E. NMA: 160 +/- NMA of Participating Interest & 120 +/- NMA of Royalty InterestProduction: appears to be from the Patton 25 & 24-26-11 1H with RI of 0.03515625 and the Fortress 1-25 with RI of 0.035156252020 Net Revenue: Approx. $54,687 in total. Check stubs reflect 2020 net revenue to be approx. $50,993 for the Patton 25 & 24-26-11 1H, paid by BCE-MACH LLC of OKC, OK and approx. $3,693 for the Fortress 1-25, paid by Chesapeake Operating, LLC of OKC, OKOwner: Roberta Jean Patton Revocable Living TrustNote: Minerals will be offered in ¼ interests with the high bidder's option to purchase up to 100% interest.
Lot #: 3

Mineral #3- 40 +/- NMA

Mineral #3Legal: Seller's share of minerals and mineral interest in, under, and to the S/2 S/2 NE/4 of Sec. 33, Twp. 26N, R11 W.I.M., Alfalfa Co., OK Approx. Location: Located across road W. from Mineral #1NMA: 40 +/-Production: appears to be from the Porter 33-26-11 2H with RI of 0.00878906 & 0.00195313; the State 33-26-11 1H with RI of 0.00878906; and the State 33-26-11 3H with RI of 0.00878906 & 0.00195313.2020 Net Revenue: Approx. $30,469 in total. Check stubs reflect 2020 net revenue to be approx. $2968 for the Porter 33-26-11 2H; approx. $3,663 for the State 33-26-11 1H; and approx. $23,837 for the State 33-26-11 3H, paid by BCE-MACH LLC of OKC, OK.Owner: Roberta Jean Patton Revocable Living Trust
Lot #: 4

Mineral #4- 80 +/- NMa

Mineral #4Legal: Seller's share of minerals and mineral interest in, under, and to the E/2 NE/4 of Sec. 28, Twp. 25N, R4 W.I.M., Grant Co., OKApprox. Location: Located 5 miles SW of Lamont on SH 74, then 2 miles W. on Comanche RdNMA: 80 +/-Production: appears to be nonproducing & open for leaseOwner: The James R. & Betty Reid Revocable Trust

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Wiggins Auctioneers, 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.