Southeastern Ohio Oil & Gas Mineral Auction
Attractive Investment Opportunity in Guernsey, Harrison & Washington Co. Ohio
Online Only Bidding ends October 30th, 2023
Bidding starts closing at 6:00 PM w/extended bidding.
Offering an exceptional investment in the volatile oil window of the Utica/Point Pleasant Shale play.
Subject #1 18.741 Acres - Guernsey County, Londonderry Township * 50% undivided interest in 37.482 Acres of Oil and Gas Minerals (18.741 net acres) Section 3, Range 7 West, Township 11 North. Leased to Gulfport Appalachia 19% Gross Royalty 20-0000097.008, 20-0000097.007
Subject #2 18.741 Acres - Guernsey County, Londonderry Township 50% undivided interest in 37.482 Acres of Oil and Gas Minerals (18.741 net acres) Section 3, Range 7 West, Township 11 North. * Leased to Gulfport Appalachia 19% Gross Royalty
Subject #3 48.4944 Net Mineral Acres- Harrison County, in Freeport & Washington Township a 15% undivided interest in 321.396 acres of oil and gas minerals. (48.4944 acres minerals) HBP 12.5% Royalty parcel #'s: Section 26, Range-7 west, Township 12 North. In Freeport Twp. Section 31, Township 12, Range 7, and part of the Southeast quarter of Section 32, Township 12, Range 7, in Washington twp.
30-0000003003, 30-0000004000, 30-0000003001, 30-0000003001, 30-0000005007, 09-0000004004, 30-0000005006, 30-0000005006, 30-0000005005 29.571 Undeveloped acres, 18.293 unitized producing acreage. Some acreage would already be in production in the E CLARK SOUTH 5-25HD
Subject #4 79.675 Net Mineral Acres – Washington Co. Ohio Independence & Lawrence Townships 50% Undivided Interest in 159.35 Acres of Oil & Gas Minerals (79.675 net acres) Lawrence Twp. Sec. 1, town 3, Range 7, and Independence Twp. In Section 31, town 2, Range 6. HBP 12.5 Royalty, Washington Co. Parcel Nos: 17-0062924.000; 1-0062924.001; 17-0062116.000; 17-0063376.000; 17-0002112.000; 17-0063384.001; 17-0063384.001;18-00067202.000
See website for additional information and supporting documents.
Auction Terms: 10% Buyers’ Premium added to the final bid price to determine the contract price. 10% Non-refundable deposit wired to the Kaufman Realty & Auctions Trust Account within 24 hours of the completion of the auction if purchased online, via phone, or absentee bid. Online, phone and absentee buyers must execute purchase agreements and disclosures and return them to Kaufman Realty & Auctions within 24 hours of the end of the auction. Electronic copies are acceptable. No financing contingencies, in bidding either online, via phone or by absentee bid the bidder is stating they will have funds to close as per terms. Time is of the essence in all closings.
Deposit is refundable in the event the seller is unable to deliver a Limited Warranty Oil & Gas Mineral Deed and Title that parallels the terms of the lease and any title available for the potential buyers review prior to the auction. Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed. Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts. Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase, prior to bidding.
Parcel numbers are provided as a reference to locate the surface location. The sale includes Oil & Gas Minerals Only NO SURFACE is selling!
FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
KAUFMAN REALTY & AUCTIONS
(855) 439-4111
www.kaufman-auctions.com
Jason L. Miller Partner Auctioneer
740-541-7475 or [email protected]
Deposit is refundable in the event the seller is unable to deliver a Limited Warranty Oil & Gas Mineral Deed and Title that parallels the terms of the lease and any title available for the potential buyers review prior to the auction. Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed. Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts. Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase, prior to bidding.
Parcel numbers are provided as a reference to locate the surface location. The sale includes Oil & Gas Minerals Only NO SURFACE is selling!
FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT