SPRING MINERAL AUCTION

Wednesday, April 7, 2021 | 10:00 AM Central

Auction closed.

SPRING MINERAL AUCTION

Wednesday, April 7, 2021 | 10:00 AM Central

Auction closed.

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See Special Terms for additional fees

Weatherford, OK

Description

APPROX. 2,000 AC. OIL & GAS MINERAL RIGHS

Hinz Auction and Realty

580-774-7396-Brandon

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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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Participation Requirements: Valid Credit Card required for bidding approval
Payment Options: Visa, MasterCard, Discover, American Express, and Wire Transfer
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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 or Credit Card (with 4% handling fee) All payment due in full within (1 business day) - No later than 3 p.m. Friday, April 9, central time. Contracts will be sent out from the Auction Company on Thursday, April 8 via DocuSign and they are required to be executed and returned within 24 hours (1 business day). 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. 5% On-Line Buyers Premium Applies! Proxibid fees are non-refundable. Wire Transfer Payment. Wire information will be provided in successful bidder e-mail. If paying by credit card - inform auction company when invoice is received. We do not have access to your personal credit card info obtained by Proxibid and buyer will need to provide that information.
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 Copy of contract to be used is available @ hinzauction.com
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 Contracts must be executed via DocuSign
Location: 3000 Logan Road, Weatherford, OK 73096
Driving Directions: SALE SITE: 3000 Logan Road, Weatherford, OK 73096 I-40 Ext #84 (East of Weatherford, OK) then 1/2 mile West to the Thomas Stafford Airport

Special Terms

Buyer agrees to execute contract and wire escrow funds within 24 hours of receiving contract - the following business day - Friday, April 9, 2021 Credit Card Payment accepted with 4% processing fee (in addition to Proxibid on-line buyers fee) Wire Transfer within 1 business day to: CAUTION !! - INCLUDE ALL INFORMATION IN BANK WIRE Wire to: Receiving Bank: The Bankers Bank OK 9020 N. May Avenue, Ste. 200 Oklahoma City, OK 73120 ABA # 103003616 Beneficiary Identifier: #126098 Beneficiary Name: Hinz Auction & Real Estate-Escrow Further Credit: Bank of Western Oklahoma 201 E. Broadway Elk City, OK 73644 ABA # 103101602 Bank of Western Oklahoma Contact Information: (580) 225-3434 Attn: Michelle Anderson Contracts will be sent out by Hinz Auctioneers via Docusign for execution the following business day of the auction. By participating and biding on-line - buyer agrees to terms and condition of contract used by Hinz Auctioneers. Copy of mineral contract is available @ hinzauction.com. 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 manner and be available to close all transactions by closing date set - Friday, June 4, 2021 by 5:00 p.m. All mineral conveyed with limited warranty mineral deed. All minerals guaranteed to be as advertised and held by terms set forth in contract. 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. Or Call Hinz Auctioneers after the auction or 580-774-9866 (Nancy) - 580-774-7396 (Brandon) - 580-774-4644 (Jimmie) 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 : 4 of 10

Dewey Co., OK - 20 nma

Lot # 68 (Sale Order: 76 of 233)

Quantity: 20

20 nma - SE/4 25-19N-15W HBP 1/5 Chain 1915 1H-25 0.00625

$1,200.00 x 20 = $24,000.00 Total

Roger Mills Co., OK - 4 NMA

Lot # 224 (Sale Order: 77 of 233)

Quantity: 4

4 NMA - E/2 NW/4 30-12N-24W HBP Ballou 1-30 3/16

$900.00 x 4 = $3,600.00 Total

Roger Mills Co., OK - 15 nma

Lot # 69 (Sale Order: 78 of 233)

Quantity: 15

15 nma - W/2 NW/4 9-16N-22W - Open

$0.25 x 15 = $3.75 Total

Ellis Co., OK - 10 nma

Lot # 70 (Sale Order: 79 of 233)

Quantity: 10

10 nma - SE/4 4-18N-21W - Open

Ellis Co., OK - 10 nma

Lot # 71 (Sale Order: 80 of 233)

Quantity: 10

10 nma - NE/4 10-18N-21W - Open

Ellis Co., OK - 10 nma

Lot # 72 (Sale Order: 81 of 233)

Quantity: 10

10 nma - NE/4 15-18N-21W - Open

Ellis Co., OK - 80 nma

Lot # 73 (Sale Order: 82 of 233)

Quantity: 80

80 nma - NW/4 17-21N-25W HBP 3/16 Burgtorf 17-21-25 1H

Ellis Co., OK - 40 nma

Lot # 74 (Sale Order: 83 of 233)

Quantity: 40

40 nma - E/2 NE/4 18-21N-25W HBP 3/16 Howard 18-21-25 1H

$600.00 x 40 = $24,000.00 Total

Grady Co., OK - 11.43 nma

Lot # 75 (Sale Order: 84 of 233)

Quantity: 11

11.43 nma - NE/4 20-8N-8W HBP 1/8 NE Verden

$1,250.00 x 11 = $13,750.00 Total

Custer Co., OK - 2.5 nma

Lot # 76 (Sale Order: 85 of 233)

Quantity: 2

SE/4 S10-T12N-R16W, Newcomb #1-10 Well, Arnold Oil Properties, LLC (Purchased from Linn Energy) - Has Not Produced Since 2019 - DO On File

Caddo Co., OK - 5nma

Lot # 77 (Sale Order: 86 of 233)

Quantity: 5

2.50 NMA in NW/4 (leased at 1/8) & 2.50 NMA in SW/4 (leased at 1/6) of S29-T11N-R13W, HBP @ 1/8 & 1/6, Mark L. Shidler, Inc.: Chisum 1 & 2

$1.00 x 5 = $5.00 Total

Washita Co., OK - 15nma

Lot # 78 (Sale Order: 87 of 233)

Quantity: 15

NW/4 S22-T9N-R17W, Open

Payne Co., OK - 2nma

Lot # 79 (Sale Order: 88 of 233)

Quantity: 2

SE/4 S26-T18N-R6E, Open

$0.25 x 2 = $0.50 Total

Payne Co., OK - 3.88888nma

Lot # 80 (Sale Order: 89 of 233)

Quantity: 3

N/2 SE/4 S29-T19N-R6E & SW/4 SE/4 S27-T19N-R5E, Open

$0.25 x 3 = $0.75 Total

Payne Co., OK - 1nma

Lot # 81 (Sale Order: 90 of 233)

NW/4, SW/4 SE/4 SW/4, E/2 SE/4 SW/4 SW/4 S29-T18N-R1E, Doolin 29-1H (.02929688% RI) - Has Not Produced Since 2017 - DO On File

Payne Co., OK - 2.25nma

Lot # 82 (Sale Order: 91 of 233)

Quantity: 2

Various in S31 & S32-T19N-R1E, Open

$0.25 x 2 = $0.50 Total

S/2 NE/4 S25-T20N-R3E, Open

$0.25 x 16 = $4.00 Total

SW/4 NW/4 & S/2 NW/4 NW/4 S16-T5S-R1E, Open

$1,000.00 x 3 = $3,000.00 Total

Carter Co., OK - 1nma

Lot # 89 (Sale Order: 98 of 233)

NW/4 & SE/4 SW/4 & E/2 NE/4 SW/4 S18-T5S-R1W, Open

Creek Co., OK - 3.75nma

Lot # 90 (Sale Order: 99 of 233)

Quantity: 3

SW/4 NE/4 S7-T17N-R9E, Open

Creek Co., OK - 10nma

Lot # 91 (Sale Order: 100 of 233)

Quantity: 10

SW/4 S15-T14N-R9E, Open

$450.00 x 10 = $4,500.00 Total

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1.178.0.1875.f3727f4.8.153

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

Dewey Co., OK - 20 nma

Roger Mills Co., OK - 4 NMA

Roger Mills Co., OK - 15 nma

Ellis Co., OK - 10 nma

Ellis Co., OK - 10 nma

Ellis Co., OK - 10 nma

Ellis Co., OK - 80 nma

Ellis Co., OK - 40 nma

Grady Co., OK - 11.43 nma

Custer Co., OK - 2.5 nma

Caddo Co., OK - 5nma

Washita Co., OK - 15nma

Payne Co., OK - 2nma

Payne Co., OK - 3.88888nma

Payne Co., OK - 1nma

Payne Co., OK - 2.25nma

Payne Co., OK -1.333nma

Payne Co., OK - 0.4375nma

Payne Co., OK - 16nma

Carter Co., OK - 1nma

Carter Co., OK - 1nma

Carter Co., OK - 3nma

Carter Co., OK - 1nma

Creek Co., OK - 3.75nma

Creek Co., OK - 10nma