MINERAL AUCTION

Tuesday, June 25, 2019 | 10:00 AM Central

Auction closed.

MINERAL AUCTION

Tuesday, June 25, 2019 | 10:00 AM Central

Auction closed.

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Clinton,, OK

Description

APPROX. 3,000 +/- ACRES OIL & GAS MINERALS

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.

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Payment Options: Wire Transfer
Payment Instructions: PLEASE READ! BIDDER/BUYER AGREES TO ALL TERMS BELOW! (If you are unable to abide by auction terms please do not bid.) If you have questions on minerals, please call before making a bid! Some lots may be divided into smaller quantity, per the auctioneers decision on the day of sale. Payment: All payment due in full within 24 hours of Auction (1 business day) - No later than 3 p.m. Wednesday, June 26, 2019 central time. Contracts will be sent out from the Auction Company via DocuSign and they are required to be executed and returned withing 24 hours (1 business day) also. Contract will reflect exact purchase amount of tract purchased. Proxibid does not figure in percentages so quantity is rounded off and may not reflect final selling price. Auctioneer will also include a re-cap and invoice of amount to be wired. 3% On-Line Buyers Premium Applies! Wire Transfer Payment. Wire information will be provided in successful bidder e-mail.
Currency Type: USD
Shipping Instructions: N/A
Preview Date & Times: List of minerals is available on-line @ Proxibid.com and hinzauction.com Lot list may be adjusted or changed at any time. Check back for the most updated listing
Checkout Date & Times: N/A
Location: 23031 N. Frontage Rd, Clinton,, OK 73601
Driving Directions: SALE SITE: From Clinton, OK - go East on I-40 3 miles to Exit #71, then 1/2 mile west on North service road From Weatherford, Ok - go West on I-40 approx. 7 miles to Exit #71, then 1/2 mile west on North service road

Special Terms

Buyer agrees to execute contract and wire escrow funds within 24 hours of auction - the following business day - Wednesday, June 26, 2019. All buyers are responsible to perform their own title opinion to satisfy themselves as to clear title. Attorney is available to perform title search at buyers expense. Buyer agrees to perform title search in a timely manor and be available to close all transactions by closing date set - Thursday, July 25, 2019 by 5:00 p.m. All mineral conveyed with warranty mineral deed. All minerals guaranteed to be as advertised. Any problems or interrupted connections in on-line process may occur. Bidder acknowledges this is an on-site auction and auction company is not responsible for technical difficulties that may interrupt on-line process. AGENTS ONLY: The Auctioneers are acting as the Owner's Agents only. I have read the bidder terms and conditions and hereby agree to the above terms and conditions of auction.

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Pg : 2 of 12

10 nma-Pittsburg Co.

Lot # 26 (Sale Order: 26 of 276)

Quantity: 9

10 nma-17-4N-14E, Open

$55.00 x 9 = $495.00 Total

10 nma-Pittsburg Co.

Lot # 27 (Sale Order: 27 of 276)

Quantity: 10

10 nma-34-6N-15E, OGL 3/16th's

10 nma-Pittsburg Co.

Lot # 28 (Sale Order: 28 of 276)

Quantity: 10

10 nma-22-8N-17E, HBP 1/8 (Two New Wells Permitted)

5 nma-Kingfisher Co.

Lot # 29 (Sale Order: 29 of 276)

Quantity: 5

5 nma-15-16N-5W, HBP 3/16th's (Offsetting Section has four new Spuds)

5 nma-Kingfisher Co.

Lot # 30 (Sale Order: 30 of 276)

Quantity: 21

5 nma-4-18N-8W, HBP 1/5th (NPRI interest)

$400.00 x 21 = $8,400.00 Total

Washita Co., OK - 7.4 total nma

Lot # 31 (Sale Order: 31 of 276)

Quantity: 7

1.2 nma in SE/4 of 5-8N-17W & 2.7 nma in Lots 6 & 7; E/2 SW/4 of 6-8N-17W & 3.5 nma in N/2 NW/4 of 20-8N-17W, All Open

$0.50 x 7 = $3.50 Total

15.3333 nma, Caddo Co, OK

Lot # 32 (Sale Order: 32 of 276)

Quantity: 11

"15.3333 acres in 20-12N-12W, HBP on 1/8th / Cimarex / Flanigin 1-20H

$900.00 x 11 = $9,900.00 Total

4.6806 nma, Canadian Co., OK

Lot # 33 (Sale Order: 33 of 276)

Quantity: 15

"4.6806 acres in 6-12N-05W, Leased on 1/5th to Native, exp July 2020 if 2 year option not exercised

$1.00 x 15 = $15.00 Total

13.3333 nma, Garfield Co., OK

Lot # 34 (Sale Order: 34 of 276)

Quantity: 10

"13.3333 acres in 17-20N-05W, HBP on 15% royalty / JHATCO / Annie #1 & #2

$50.00 x 10 = $500.00 Total

20 nma, Garfield Co., OK

Lot # 35 (Sale Order: 35 of 276)

Quantity: 9

"20 acres in 25-20N-08W, Leased on 3/16ths to Chisholm, exp 2020 if 2 year option of $1,000/acre not exercised

$50.00 x 9 = $450.00 Total

4 nma, Garfield Co., OK

Lot # 36 (Sale Order: 36 of 276)

Quantity: 12

"4 acres in 27-20N-08W, Leased on 3/16ths to Chaparral, exp 2020 if 2 year option not exercised

$10.00 x 12 = $120.00 Total

20 nma, Garfield Cco., OK

Lot # 37 (Sale Order: 37 of 276)

Quantity: 10

"20 acres in 6-22N-05W, Leased on 3/16ths to Chaparral, exp 11/21/2019 if 2 year option not exercised

$5.00 x 10 = $50.00 Total

12.2222 acres in 8-18N-10W, HBP on 1/8th / Cimarex / Lamle 1-8, ML 3-8

$210.00 x 5 = $1,050.00 Total

20 nma, McClain Co., OK

Lot # 42 (Sale Order: 42 of 276)

Quantity: 5

20 acres in 29-05N-02W, Leased on 22% royalty to BP, exp Dec 2019

$1,900.00 x 5 = $9,500.00 Total

Custer County, OK - 122.65 nma

Lot # 43 (Sale Order: 43 of 276)

122.65 nma in Lots 1 - 4 & E/2 SW/4 of 30-13N-18W, HBP, Urban Oil, Unknown Lease

10 nma-Atoka Co.

Lot # 44 (Sale Order: 44 of 276)

Quantity: 10

10 nma-19-2S-10E, OGL 3/16th's (Offsetting Section Well Spud)

5 nma-Atoka Co.

Lot # 45 (Sale Order: 45 of 276)

5 nma-33-2S-1OE, OGL 3/16th's

5 nma-Ellis Co.

Lot # 46 (Sale Order: 46 of 276)

Quantity: 2

5 nma-30-18N-21W, OGL 3/16ths

$3,400.00 x 2 = $6,800.00 Total

5 nma-Major Co.

Lot # 47 (Sale Order: 47 of 276)

Quantity: 2

5 nma-26-21N-10W, OGL on 3/16th's

$4,500.00 x 2 = $9,000.00 Total

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1.178.0.761.2502f97.9.223

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

10 nma-Pittsburg Co.

10 nma-Pittsburg Co.

10 nma-Pittsburg Co.

5 nma-Kingfisher Co.

5 nma-Kingfisher Co.

Washita Co., OK - 7.4 total nma

15.3333 nma, Caddo Co, OK

4.6806 nma, Canadian Co., OK

13.3333 nma, Garfield Co., OK

20 nma, Garfield Co., OK

4 nma, Garfield Co., OK

20 nma, Garfield Cco., OK

8.8889 nma, Kingfisher Co., OK

17.7778 nma, Kingfisher Co., OK

Dewey Co., OK - 1.2125 nma

12.2222 nma, Blaine Co., OK

20 nma, McClain Co., OK

Custer County, OK - 122.65 nma

10 nma-Atoka Co.

5 nma-Atoka Co.

5 nma-Ellis Co.

5 nma-Major Co.

5 nma-Major Co.

4 nma-Major Co.

2 nma-Major Co.