SPRING MINERAL AUCTION

Thursday, April 23, 2020 | 10:00 AM Central

Auction closed.

SPRING MINERAL AUCTION

Thursday, April 23, 2020 | 10:00 AM Central

Auction closed.

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See Special Terms for additional fees

Clinton,, OK

Description

APPROX. 3,000 AC. OIL & GAS MINERAL RIGHTS TO BE OFFERED AT AUCTION

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: 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: Wire Transfer All payment due in full within 48 hours of Auction (2 business day) - No later than 3 p.m. Monday, June 27, 2020, central time. Contracts will be sent out from the Auction Company via DocuSign and they are required to be executed and returned the same business day (Friday, April 24, 2020). 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! Proxibid fees are non-refundable. Wire Transfer Payment. Wire information will be provided in successful bidder e-mail.
Currency Type: USD
Shipping Instructions: None
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: Invoice will be sent out by Hinz Auctioneers following the auction All contracts and escrow due within 24 hours of receipt of invoice
Location: 23031 N. Frontage Rd, Clinton,, OK 73601
Driving Directions: SALE SITE: From Clinton, OK - go East on I-40 2 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 within 24 hours of auction - the following business day - Friday, April 24, 2020 - and wire escrow and on-line bidders fee within 48 hours (2 business days) no later than Monday, April 27, 2020 by 3:00 p.m. Copy of contract available on web site @ hinzauction.com - (Upcoming Auctions - Spring Mineral Auction - Terms & Conditions) 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 - Friday, June 10, 2020 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 : 1 of 11

35 nma - Okfuskee Co., OK

Lot # 1 (Sale Order: 1 of 274)

Quantity: 35

35 nma - 10-10N-9E - HBP at 3/16, Calyx

$35.00 x 35 = $1,225.00 Total

10 nma - Roger Mills Co., OK

Lot # 2 (Sale Order: 2 of 274)

Quantity: 10

10 nma - 24-16N-26W, Open

$160.00 x 10 = $1,600.00 Total

5 nma - Roger Mills Co., OK

Lot # 3 (Sale Order: 3 of 274)

Quantity: 5

5 nma - 5-16N-25W - Open

$21.00 x 5 = $105.00 Total

2.74925 nma - Woodward Co., OK

Lot # 4 (Sale Order: 4 of 274)

Quantity: 2

2.74925 nma - 28-23N-21W - Open

$55.00 x 2 = $110.00 Total

5 nma - Woodward Co., OK

Lot # 5 (Sale Order: 5 of 274)

Quantity: 5

5 nma - 29-21N-17W - Open

$1.25 x 5 = $6.25 Total

3 nma total - Caddo Co., OK

Lot # 6 (Sale Order: 6 of 274)

Quantity: 3

3 nma total - 1 nma in 7-5N-13W & 1 nma in 8-5N-13W & 1 nma in 1-6N-13W - All Open

$35.00 x 3 = $105.00 Total

16.305333 nma - Johnson Co., OK

Lot # 7 (Sale Order: 7 of 274)

Quantity: 16

16.305333 nma - 30-3S-6E - Open

$0.30 x 16 = $4.80 Total

15 nma - Noble Co., OK

Lot # 8 (Sale Order: 8 of 274)

Quantity: 15

15 nma - 17-22N-1W - Open

$150.00 x 15 = $2,250.00 Total

15.555 nma - Noble Co., OK

Lot # 9 (Sale Order: 9 of 274)

Quantity: 15

15.555 nma - 35-24N-2W - Open

$75.00 x 15 = $1,125.00 Total

15 nma - Noble Co., OK

Lot # 10 (Sale Order: 10 of 274)

Quantity: 15

15 nma - 26-24N-2W - HBP at 1/8

$22.00 x 15 = $330.00 Total

Working Interest - Washita Co., OK. To be sold as one unit lot

Lot # 11 (Sale Order: 11 of 274)

WORKING INTEREST Washita County - Chesapeake EnergyProp: 112256/DOI:404/Edler 17-11-18/Int. 0.248491Prop: 112256/DOI:L05/Edler 17-11-18/Int. 0.248291Prop: 112257/DOI:L05...more

30 nma - Custer Co., OK - No Reserve

Lot # 268 (Sale Order: 12 of 274)

Quantity: 30

30 nma - SW/4 & W/2 SE/4 of 6-12N-15W, HBP

$425.00 x 30 = $12,750.00 Total

9.5375 nma - Custer Co., OK - No Reserve

Lot # 269 (Sale Order: 13 of 274)

Quantity: 9

9.5375 nma - Lot 1 & NE/4 NW/4 of 7-12N-15W, Open

$550.00 x 9 = $4,950.00 Total

38.375 nma - Custer Co., OK - No Reserve

Quantity: 8

8 nma - 27-3N-12E - HBP 3/16th's

$675.00 x 8 = $5,400.00 Total

10 nma - Pittsburg Co., OK

Lot # 21 (Sale Order: 25 of 274)

Quantity: 10

10 nma - 20-3N-13E - HBP 3/16th's

$40.00 x 10 = $400.00 Total

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1.178.0.761.2502f97.9.126

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

SPRING MINERAL AUCTION

SPRING MINERAL AUCTION

35 nma - Okfuskee Co., OK

10 nma - Roger Mills Co., OK

5 nma - Roger Mills Co., OK

2.74925 nma - Woodward Co., OK

5 nma - Woodward Co., OK

3 nma total - Caddo Co., OK

16.305333 nma - Johnson Co., OK

15 nma - Noble Co., OK

15.555 nma - Noble Co., OK

15 nma - Noble Co., OK

Working Interest - Washita Co., OK. To be sold as one unit lot

30 nma - Custer Co., OK - No Reserve

9.5375 nma - Custer Co., OK - No Reserve

38.375 nma - Custer Co., OK - No Reserve

24.415 nma - Washita Co., OK - No Reserve

5 nma - Dewey Co., OK

5 nma - Dewey Co., OK

5 nma - Dewey Co., OK

5 nma - Dewey Co., OK

5 nma - Custer Co., OK

5 nma - Custer Co., OK

5 nma - Custer Co., OK

5 nma - Custer Co., OK

8 nma - Pittsburg Co., OK

10 nma - Pittsburg Co., OK