United Country - Theurer Auction/Realty LLC Auction Catalog

SOLD: $100,000.00

Lot # 1

158 Acres/Surface Rights Only-SE/4 Sec 34-T30S-R7W, Kingman Co, KS

LEGAL: SE/4 Section 34, Township 30 South, Range 7 West, Kingman County, KS, LESS 1.5 ac tract DIRECTIONS: From Kingman, KS: 17 miles South on Hwy K-14 to SW 180th St/NE 160 Rd and 1/4 mile East or from Harper, KS: 7 miles north on Hwy K-14 to SW 180th St/NE 160 Rd and 1/4 mile East TILLABLE: 153± Acres WATERWAYS: 2± Acres OILFIELD LEASE ROADS: 2± Acres FSA BASES/YIELDS: Wheat: 156 Ac Base~36 bushel/acre yield SOIL TYPE: Farnum loam (Class II) and Shellabarger fine sandy loam (Class II) POSSESSION: Following harvest of 2009 wheat crop on 153 acres planted to wheat CROP SHARE: Purchaser shall receive 1/3 share of 2009 crop and FSA payment. Purchaser shall reimburse landowner’s 1/3 share of fertilizer for 2009 wheat crop.

SOLD: $68,000.00

Lot # 2

Mineral Rights-SE/4 Sec 34-T30S-R7W, Kingman Co, KS

MINERALS: (Offered separately) According to Kansas Geological Survey Website information, mineral production is as follows: YEAR OIL PRODUCTION (bbl) GAS PRODUCTION (mcf) 2003 1768 8403 2004 2842 12426 2005 4973 18877 2006 3233 24520 2007 1850 11637 2008* 2317 14368 *2008 data incomplete at this time Owner (Seller’s) royalty interest is .0125 (1/8) share.

SOLD: $225,000.00

Lot # 3

320+/- Acres Surface & Mineral Rights-W/2 Sec 35-T30S-R7W, Kingman Co, KS

LEGAL: W/2 Section 35, Township 30 South, Range 7 West, Kingman County, KS DIRECTIONS: From Kingman, KS: 17 miles South on Hwy K-14 to SW 180th St/NE 160 Rd and 3/4 mile East or From Harper, KS: 7 miles North on Hwy K-14 to Sw/180th St/NE 160 Rd and 3/4 mile East TILLABLE: 270± Acres PASTURE: 39± Acres WATERWAYS: 7± Acres FSA BASES/YIELDS: Wheat: 269 Ac Base~36 bushel/acre yield SOIL TYPE: Tillable land is Farnum loam (Class II) and Shellabarger fine sandy loam (Class II) POSSESSION: Following harvest of 2009 wheat crop on 59 acres planted to wheat; at closing on balance CROP SHARE: Purchaser receives Landowner’s 1/3 share of approx 59 acres wheat and FSA payment. Purchaser shall reimburse Landowner’s 1/3 share of fertilizer/chemical for 2009 crop. MINERALS: Minerals sell with surface rights

SOLD: $85,000.00

Lot # 4

167+/- Acres Surface RightsONLY-NE/4 Sec 2-T31S-R7W, Harper Co, KS

LEGAL: NE/4 Section 2, Township 31 South, Range 7 West, Harper County, KS DIRECTION: From Kingman, KS: 17 miles South on Hwy K-14 to SW 180th St/NE 160 Rd and 1 1/4 miles East or from Harper, KS: 7 miles North on Hwy K-14 to SW 180th St/NE 160 Rd and 1 1/4 miles East CRP/GRASS: 160± Acres WATERWAYS: 5± Acres OIL LEASE ROADS: 2± Acres CRP: Current contract on 134.6 acres ($39.61/Acre; annual payment is $5332; contract expires 09/03/2015) Current contract on 22.14 acres ($35.00/Acre; annual payment is $774; contract expires 09/30/2010) FSA BASES/YIELDS: Wheat: 4.5 Ac Base~36 bushel/acre yield SOIL TYPE: Shellabarger fine sandy loam (Class II & III) POSSESSION: At closing; Purchaser shall sign documentation regarding acceptance of current CRP contracts.

SOLD: $40,000.00

Lot # 5

Mineral Rights ONLY-NE/4 Sec 2-T31S-R7W, Harper Co, KS

MINERALS: (Offered separately) According to Kansas Geological Survey Website information, mineral production is as follows: YEAR OIL PRODUCTION (bbl) GAS PRODUCTION (mcf) 2003 2266 34235 2004 1620 23684 2005 1612 23030 2006 1296 21767 2007 1300 18441 2008* 1142 21482 *2008 data incomplete at this time Owner (Seller’s) royalty interest is .0125 (1/8 share) – Production began in 1981.

SOLD: $132,000.00

Lot # 6

238+/- Ac Surface & Mineral Rights-NW/4 & W/2 NE/4 Sec 9-T31S-R7W, Harper Co, KS

LEGAL: NW/4 & W/2 NE/4 Section 9, Township 31 South, Range 7 West, Harper County, KS DIRECTIONS: From Kingman, KS: 18 miles South on Hwy K-14 to NW 150th Rd and 3/4 mile West or From Harper, KS: 6 miles North on Hwy K-14 to NW 150th Rd and 3/4 mile West TILLABLE: 209± Acres PASTURE/HAY MEADOW: 24± Acres WATERWAYS: 4± Acres FSA BASES/YIELDS: Wheat: 206.1 Acre Base~36 bushel/acre yield SOIL TYPE: Tillable is approximately 35% Farnum loam (Class I & II), balance Shellabarger fine sandy loam (Class II & III); hay meadow is Shellabarger & Albian soils (Class VI) POSSESSION: Farm is enrolled in EQIP conservation program; Contract expires 12/31/2012. Purchaser may cancel contract by reimbursement of $6258 (plus penalty) OR remain enrolled in plan and receive $10019 in 2009. Purchaser shall sign documentation regarding acceptance or rejection of EQIP plan prior to possession and closing. Possession following harvest of 2009 wheat crop on 18.7 acres planted to wheat; possession at closing on balance. CROP SHARE: Purchaser shall receive seller’s 1/3 share of approximately 18.7 acres wheat. Purchaser shall reimburse Seller for 1/3 share of fertilizer for 2009 wheat crop. MINERALS: Minerals sell with surface rights

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