MINERAL AUCTION

Tuesday, August 28, 2018 | 10:00 AM Central

Auction closed.

MINERAL AUCTION

Tuesday, August 28, 2018 | 10:00 AM Central

Auction closed.

Internet Premium: 3%
Instant Financing | Low PaymentsSee Special Terms for additional fees

Clinton, OK

Description

OFFERING 3,400 ACRES OIL & GAS MINERAL RIGHTS - TUESDAY, AUGUST 28 @ 10:00 A.M. - FRISCO EVENT CENTER, CLINTON, OK

Hinz Auction and Realty

580-774-7396-Brandon

PLEASE READ: This auction company has requested and been granted access to see all bids placed including any maximum pre-bids. This auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder.

Internet Premium: 3%
Payment Options: Wire Transfer
Payment Instructions: $1,000 escrow due per tract purchased. 3% Proxibid buyers premium applies - payable at time of escrow. Contract will reflect actual percentage and/or partial acreage amounts. Closing attorney charges $150 per contract to both buyer and seller for closing charges. Escrow payable by bank draft. Auction company will provide bank draft payment information with contracts. Contracts and wiring information will be sent out via DocuSign either day of sale or following day. Escrow due withing 1 day of contracts being sent out. Buyer to perform their own title search to satisfy themselves as to clear title. PERFORM DUE DILIGENCE IN TIMELY MANOR. Closing to be held at Attorney Barry Squires Office in Anadarko, OK NO LATER THAN TUESDAY, OCTOBER 2, 2018. All information provided is thought to be correct but not guaranteed. Auction Company not responsible for mis-information that was provided by consignor. All lots sold with reserve. All lots subject to prior sell Contact information Day of Sale - may be busy at auction Jimmie Hinz 580-774-4644 Brandon Hinz 580-774-7396 After Sale Day Nancy Hinz 580-774-9866 Office 58-774-2619
Currency Type: USD
Shipping Instructions: Please contact the auction company for general shipping and handling information.
Preview Date & Times: Please contact the auction company for preview dates & times.
Checkout Date & Times: Please contact the auction company for checkout dates & times. Day of Sale Jimmie Hinz 580-774-4644 Brandon Hinz 580-774-7396 After Sale Day Nancy Hinz 580-774-9866 Office 58-774-2619
Location: 101 S. 4th Str, Clinton, OK 73601
Driving Directions: 101 4th Str. Clinton, OK - Corner of Hwy. 183 & Frisco

Special Terms

Buyer will be contacted the following evening or following business day. Contracts will be send out for signature via DocuSign and escrow payment to be wired to Account provided. Contract will reflect exact percentages or partial acreages and price will be figured on that amount. Buyers are responsible to perform their own title search to satisfy their title requirements. Contracts and escrow bank draft returned within 24 hours from buyer. Buyer to perform their own title search to satisfy themselves as to title. Attorney available to perform this service at Attorney's expense to buyer. PERFORM DUE DILIGENCE IN A TIMELY MANOR! All lots sold with minimum reserve. All lots subject to prior sell Day of Sale - May be busy at auction Jimmie Hinz 580-774-4644 Brandon Hinz 580-774-7396 After Sale Day Nancy Hinz 580-774-9866 Office 58-774-2619

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Pg : 4 of 5

80 acres in N/2 SW/4 of Sec. 29-T5N-R16, W.I.M., Open (May be offered in 40 ac. tracts)

$0.25 x 80 = $20.00 Total

Possible break down of Lot #52

Lot # 52-B (Sale Order: 80 of 101)

Quantity: 40

Kiowa County, OK - 160 nma

Lot # 53 (Sale Order: 81 of 101)

Quantity: 160

160 acres in SE/4 of Sec. 29-T5N-R16, W.I.M., Open

$0.25 x 160 = $40.00 Total

$350.00 x 40 = $14,000.00 Total

Possible break down of Lot #55

Lot # 55-C (Sale Order: 89 of 101)

Possible break down of Lot #55

Lot # 55-D (Sale Order: 90 of 101)

Quantity: 40

$350.00 x 40 = $14,000.00 Total

Washita County, OK - 10 nma

Lot # 56 (Sale Order: 91 of 101)

Quantity: 10

10 ac. In E/2 E/2 of Sec. 33-T10N-14, W.I.M., Open

$1,000.00 x 10 = $10,000.00 Total

Washita County, OK - 10 nma

Lot # 57 (Sale Order: 92 of 101)

Quantity: 10

10 ac. In NE/4 of Sec. 34, T10N-14, W.I.M., Open

$1,000.00 x 10 = $10,000.00 Total

Kiowa County, OK - 70 nma

Lot # 58 (Sale Order: 93 of 101)

Quantity: 70

70 acres in NE/4 of Sec. 12-T7N-19, W.I.M., Open

$0.35 x 70 = $24.50 Total

Washita County, OK - 10 nma

Lot # 59 (Sale Order: 94 of 101)

Quantity: 10

10 acres in the NW/4 of Sec. 25-T8N-14, W.I.M, Open

$1.25 x 10 = $12.50 Total

Washita County, OK - 10 nma

Lot # 60 (Sale Order: 95 of 101)

Quantity: 10

10 acres in the N/2 NW/4 of Sec. 26-T8N-14W.I.M., Open

$1.25 x 10 = $12.50 Total

Washita County, OK - 10 nma

Lot # 61 (Sale Order: 96 of 101)

Quantity: 10

10 acres in the E/2 SE/4 of Sec. 22-T8N-14W.I.M., Open

$1.25 x 10 = $12.50 Total

Washita County, OK - 10 nma

Lot # 62 (Sale Order: 97 of 101)

Quantity: 10

10 acres in the NE/4 & NW/4 of Sec. 1-T7N-14W.I.M., Open

$1.25 x 10 = $12.50 Total

Grant County - 25 nma

Lot # 63 (Sale Order: 98 of 101)

Quantity: 25

25 acres in the SE/4 of Sec. 31-T28N-3 W.I.M., 3/16 Lease to Cheyenne Oil Com. Ex. Oct. 21, 2020

$0.25 x 25 = $6.25 Total

Dewey County, OK - 20 nma

Lot # 64 (Sale Order: 99 of 101)

Quantity: 20

20 acres in Sec. 36-T16N-15 W.I.M., HBP, 3/16 lease

$0.25 x 20 = $5.00 Total

Garvin County, OK - 15 nma

Lot # 65 (Sale Order: 100 of 101)

Quantity: 15

15 acres in the SW/4 NW/4 & W/2 SW/4 & NW/4 NE/4 SW/4 & S/2 SE/4 SW/4 in Sec. 22-T3N-1 W.I.M., Open

$1,400.00 x 15 = $21,000.00 Total

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Pg : 4 of 5

1.178.0.804.ccd3ec6.13.235

Bid Range	Increment
$0.01 - $0.24	$0.01
$0.25 - $0.49	$0.05
$0.50 - $0.99	$0.10
$1.00 - $4.99	$0.25
$5.00 - $9.99	$0.50
$10.00 - $24.99	$1.00
$25.00 - $99.99	$5.00
$100.00 - $249.99	$10.00
$250.00 - $499.99	$25.00
$500.00 - $999.99	$50.00
$1,000.00 - $4,999.99	$100.00
$5,000.00 - $24,999.99	$250.00
$25,000.00 - $49,999.99	$500.00
$50,000.00 - $99,999.99	$1,000.00
$100,000.00 - $249,999.99	$2,500.00
$250,000.00 - $999,999.99	$5,000.00
$1,000,000.00+	$10,000.00

Category

Selling Format

MINERAL AUCTION

MINERAL AUCTION

Possible break down of Lot #51

Possible break down of Lot #51

Possible break down of Lot #51

Kiowa County, OK - 80 nma

Possible break down of Lot #52

Kiowa County, OK - 160 nma

Possible break down of Lot #53

Possible break down of Lot #53

Possible break down of Lot #53

Kiowa County, OK - 80 acres

Possible break down of Lot #54

Kiowa County, OK - 157 acres

Possible break down of Lot #55

Possible break down of Lot #55

Possible break down of Lot #55

Washita County, OK - 10 nma

Washita County, OK - 10 nma

Kiowa County, OK - 70 nma

Washita County, OK - 10 nma

Washita County, OK - 10 nma

Washita County, OK - 10 nma

Washita County, OK - 10 nma

Grant County - 25 nma

Dewey County, OK - 20 nma

Garvin County, OK - 15 nma