Mineral Acres
Wednesday, March 7, 2012 | 10:00 AM Central
Auction closed.
Mineral Acres
Wednesday, March 7, 2012 | 10:00 AM Central
Auction closed.
Description
Over 1,400 Acres of Producing & Non-Producing Minerals
Eighteen Counties in Oklahoma & One County in Texas
Eighteen Counties in Oklahoma & One County in Texas
x Cancel
Caddo, Co., OK - 5.713 Mineral Acres
Lot # 101 (Sale Order: 1 of 37)
Quantity: 6
UNDIVIDED 5.713 MINERAL ACRES IN NW/4 AND N/2 SW/4 SEC. 9-6N-11W
UNLEASED; ST MARY LAND LEASED 2006 - 2009 FOR $ 2000 PER ACRE
SURROUNDED ON ALL SIDES, TWO WELLS DEEP, BY 20,000 FOOT GAS WELLS WHICH
HAD INITIAL PRODUCTION OF 4 MILLION TO 20 MILLION FEET OF GAS PER DAY
$2,800.00 x 6 = $16,800.00 Total
Cleveland Co., OK - 4 Mineral Acres
Lot # 102 (Sale Order: 2 of 37)
Quantity: 4
FOUR ACRES TOTAL.
1 ACRE IN NW/4 SEC. 3
2 ACRES IN N/2 SE/4 SEC. 4
1 ACRE IN NE/4 SEC. 10
STATUS: UNLEASED
- ALL IN ION-IE, CLEVELAND COUNTY
NOTES: ARROWHEAD ENERGY DRILLING IN AREA: 2 WELLS IN SEC. 9 PRODUCED 30
BARRELS PER DAY AND 16 BARRELS WITH 70 MCF GAS. ARROWHEAD ALSO DRILLED IN
NW/4 SEC. 10; WELL MADE 10 BARRELS OIL & 50 MCF.
TWO OTHER LOCATIONS ANNOUNCED. POOLING IN SEC. 10 AT $100 PER ACRE AND 1/8
OR$ 50 PER ACRE AND 3/16.
$450.00 x 4 = $1,800.00 Total
Creek/Seminole Co., OK - 10.048 Mineral Acres
Lot # 103 (Sale Order: 3 of 37)
Quantity: 11
UNDIVIDED 5.0 NET ACRES IN NW/4 SEC. 20-15N-8E CREEK COUNTY. SHANNON WELL PRODUCED.UNTIL 2002; OPERATOR STATES NON-PRODUCING, WILL PLUG SOON. CURRENT
DRILLING BY CHIZUM AND GLIMP OIL IN 3 ADJACENT SECTIONS TO NORTH - 4000 FOOT WELLS MAKE 6 - 10 BARRELS A DAY. PART OF THIS SECTION POOLED RECENTLY AT $75 PER ACRE AND 3/16 AND UNDIVIDED 5.048 ACRES IN W/2 NW/4 (ALSO DESCIBED AS LOTS 1 AND 2), SEC. 19-9N-8E:
SEMINOLE COUNTY. SHALLOW DRILLING 3500-5000 FEET BY TRI-POWER, HOLKE AND CROWN ENERGY IN SEC. 20 AND 29 WITH INITIAL PRODUCTION 2 TO 20 BARRELS PER DAY.
$450.00 x 11 = $4,950.00 Total
Garfield Co., OK - 10 Mineral Acres
Lot # 104 (Sale Order: 4 of 37)
Quantity: 10
10.0 NET MINERAL ACRES IN SE/4 SEC. 27-24N-7W, GARFIELD COUNTY
STATUS: LEASED TO SANDRIDGE 3 YEARS FROM 6/09/11 WITH NO OPTION TO EXTEND.
3/16 ROYALTY. LEASE ALSO HAS 'NO DEDUCT' AND DEPTH LIMIT CLAUSES.
SANDRIDGE DRILLING HORIZONTAL WELL IN CONTIGUOUS SECTION SOUTH AND SPACING
CONTIGUOUS SECTI01WEST FOR SAME (12/11) AND THIS SECTION (1/12).
$2,200.00 x 10 = $22,000.00 Total
Stephens Co., OK - 7.5 Mineral Acres
Lot # 105 (Sale Order: 5 of 37)
Quantity: 8
7.5 NET MINERAL ACRES IN SEC. 36-2N-4W, STEPHENS COUNTY.
LEASED 9/14/11 FOR 3 YEARS (WITH NO OPTION TO EXTEND) AT 3/16 ROYALTY, WITH
'NO DEDUCT' AND DEPTH CLAUSES. LESSEE IS LARGE, REPUTABLE COMPANY WHICH ASKED US NOT TO REVEAL THEIR NAME)EXCO RESOURCES DRILLING 11,000 FOOT WELL ONE MILE EAST. ONE AND 1/2 MILES
SOUTHEAST ClMAREX DEEP WELLS - (ACROSS LINE IN GARVIN COUNTY). BEST WELL
MADE 50 BAREELS OIL AND 2518 MCF. NEWFIELD EXPLORATION STAKED 17,870 FOOT
HORIZONTAL TEST 1 AND 3/4 MILE NORTH.
* UNDIVIDED 1/40TH INTEREST IN W/2 NW/4 and SE/4 NW/4 all-d W/2 NW/4 SW/4 and NE/4 SW/4 and N/2 SE/4 and S/2 S/2 NE/4
$2,000.00 x 8 = $16,000.00 Total
Woods Co., OK - 10 Mineral Acres
Lot # 106 (Sale Order: 6 of 37)
UNDIVIDED 10 NET ACRES IN N/2 N/2 SEC 23-28N-19W
LEASED TO SANDRIDGE 6/09/11 FOR 3 YEARS AT 3/16TH. LEASE HAS NO DEDUCT AND
DEPTH CLAUSES. NO OPTION TO EXTEND AND NO RIGHT TO MATCH TOP LEASE OFFERS.
SANDRIDGE ,DRILLING, POOLING OR FILED INTENT IN SEC. 24, 25 AND 26 FOR 11,000 +
FEET HORIZONTAL WELLS. ONE AND 1/4 MILE EAST CHESAPEAKE STAKED TWO WELLS.
Woods Co., OK - 10 Mineral Acres
Lot # 107 (Sale Order: 7 of 37)
Quantity: 10
UNDIVIDED 10 NET ACRES IN ALL SEC. 13-28N-19W
LEASED SANDRIDGE 6/09/11 FOR 3 YEARS AND" 3/16. LEASE HAS NO DEDUCT AND DEPTH
LIMIT; NO OPTION TO EXTEND. AND NO RIGHT TO MATCH TOP-LEASE OFFERS.
SANDRIDGE DRILLING, POOLING OR FILED INTENT ON HORIZONTAL WELLS IN SECTIONS
24, 25 AND 26. WELL IN SEC ."24 IS 11,450 FOOT TEST.
CHESAPEAKE HAS STAKED TWO WELLS SOUTHEAST IN SEC. 9 AND 30 OF 28N-18W.
$2,500.00 x 10 = $25,000.00 Total
Woods Co., OK - 20.216 Mineral Acres
Lot # 108 (Sale Order: 8 of 37)
Quantity: 21
UNDIVIDED 20.216 NET ACRES TO BE SOLD IN 2 LOTS OF 10.108 ACRES EACH
IN LOTS 3 AND 6. AND SE/4 NW/4 AND NE/4 SW/4 SEC. 6-28N~18W
LEASED TO SANDRIDGE 6/09/11 FOR 3 YEARS AT 3/16. LEASE HAS NO DEDUCT AND
DEPTH LIMIT CLAUSES,. NO OPTION TO EXTEND. AND NO RIGHT. TO MATCH TOP LEASE OFFERS.
CHESAPEAKE DRILLING OR FILED INTENT ON 4 HORIZONTAL WELLS WITHIN TWO MILES WEST.
$2,200.00 x 21 = $46,200.00 Total
Woods Co., OK - 17.75 Mineral Acres
Lot # 109 (Sale Order: 9 of 37)
Quantity: 18
UNDIVIDED 14 NET ACRES IN SE/4 SEC. 10 AND
UNDIVIDED 1.25 NET AGRES IN S/2 SE/4 SEC. 11 AND
UNDIVIDED 2.5 NET ACRES IN N/2 NE/4 AND E/2 NW/4 SEC. 14
ALL IN 28N-19W (TOTAL 17.75 NET MINERAL ACRES)
ALL LEASED TO SANDRIDGE 6/09/11 FOR 3 YEARS AT 3/16. LEASE HAS NO DEDUCT AND
DEPTH CLAUSES; NO OPTION TO EXTEND LEASE. AND NO.RIGHT TO MATCH TOP LEASE OFFERS.
SANDRIDGE CURRENTLY DRILLING OR FILED INTENT IN SECTONS 4, 9 AND 18 - ALL
ARE WITHIN ONE MILE OFFSETS, ALL ARE HORIZONTAL WELLS (DEPTHS UNKNOWN - EITHER
APPROX. 7200 OR APPROX. 11,000+)
$2,300.00 x 18 = $41,400.00 Total
Woods Co., OK - 22 Mineral Acres
Lot # 110 (Sale Order: 10 of 37)
Quantity: 22
UNDIVIDED 22 NET ACRES IN SE/4 AND S/2 NE/4 AND NW/4 NE/4 AND E/2 NW/4 AND
N/2 SW/4 SEC. 11-26N-17W. THIS WAS LEASED AT 1/8TH ROYALTY IN 1960 LEASE
COVERING PARTS OF TWO OTHER SECTIONS, ONE OF WHICH IS STILL PRODUCING.
EXISTING WELL IN SEC. 11 IS THE CROUSE 1-11 OPERATED BY CUMMINGS OIL COMPANY,
WHO ADVISE THIS IS NO LONGER CAPABLE OF PRODUCING. ALL OTHER LEASEHOLD RIGHTS
IN THIS SECTION ARE NOW OWNED BY CHESAPEAKE WHO ARE LEASING AND DRILLING IN
THE AREA. TO SELL IN TWO 11 ACRE LOTS
$900.00 x 22 = $19,800.00 Total
Woods Co., OK - 6 Mineral Acres
Lot # 111 (Sale Order: 11 of 37)
Quantity: 6
UNDIVIDED 6.0 NET ACRES IN SW/4 NW/4 AND W/2 SW/4 SEC. 12-26N-17W
INTEREST IS HELD BY 1960 LEASE WITH 1/8TH ROYALTY WHICH COVERED PARTS OF
TWO OTHER SECTIONS. CHESAPEAKE TRIED TO LEASE THIS FOR $750 PER ACRE BEFORE
LEARNING IT IS HBP; THEY WILL LEASE IT IF OLD LEASE CAN BE BROKEN.
$900.00 x 6 = $5,400.00 Total
Major Co., OK - 5 Mineral Acres
Lot # 112 (Sale Order: 12 of 37)
Quantity: 5
5 NET ACRES IN NE/4 SEC. 23-23N-IOW
TWO OLD WELLS IN THIS QUARTER. V. PROFFITT NO.2 IS PLUGGED. V. PROFFITT NO.1
IS NOT PRODUCING, OPERATOR ANADARKO MINERALS WILL PLUG SOON AND RELEASE LEASE
(LETTER ATTACHED).
$1,400.00 x 5 = $7,000.00 Total
Major Co., OK - 40 Mineral Acres
Lot # 113 (Sale Order: 13 of 37)
Quantity: 40
40 NET ACRES (1/2 OF OUR PRESENT INTEREST) IN E/2 NW/4 SEC. 30-21N-9W,
MAJOR COUNTY, OKLA. TO BE SOLD IN 10 ACRE LOTS.
LEASED DECEMBER 2011 FOR 3 YEARS AT 3/16 TO SPRINGER LAND SERVICE. LESSEE
IS A HIGHLY REPUTABLE LOCAL OPERATOR WHO WISHED TO REMAIN ANONYMOUS AT TIME
OF LEASE. IN SEPT. 2007 KIRKPRATRICK DRILLED AN 85 BARREL A DAY OSWEGO/MISSISSIPPI WELL IN NE/4 SE4 THIS SECTION.
$825.00 x 40 = $33,000.00 Total
Blaine, Dewey, Garfield, Hughes Counties, OK: Non-Producing Leasehold Interests
Lot # 114 (Sale Order: 14 of 37)
1. 1.2 ACRE LEASEHOLD IN NE/4 SEC. 36-17N-l0W BLAINE COUNTY LESS AND EXCEPT
ALL RIGHTS IN WELLBORE OF THE BRG PETROLEUM STARK 1-36 WELL. LEASE IS
.8125 NET REVENUE, HELD BY STARK WELL. THIS IS A .0075 GROSS WORKING
INTEREST IN A FUTURE 160 OMIT OR .001875 IN A 640.
2. 1.6 ACRE LEASEHOLD IN NW/4 SEC. 11-17N-20W DEWEY COUNTY LESS AND EXCEPT
ALL CURRENTLY PRODUCING INTERVALS IN THE CIRRUS PRODUCTION JONES-HARREL 1-11
WELL. THIS WOULD BE ONE PERCENT WORKING INTEREST IN A FUTURE 160 OR
.0015625 IN A 640. NET REVENUE IS 80% OR BETTER.
3. 10.03235 ACRE LEASEHOLD IN SE/4 SEC. 10-22N-6W AND SW/4 SEC. 11-22N-6W,
GARFIELD COUNTY, LESS AND EXCEPT ALL RIGHT IN THE CAMERON-DAVIS 1-10
WELLBORE AND UNIT. NET REVENUE IS 80% OR BETTER.
4. A 0.617 ACRE LEASEHOLD IN NW/4 SEC. 15-9N-11E, HUGHES COUNTY, LESS AND
EXCEPT WELLBORE OF THE PARKS 2-15 FROM SURFACE TO BASE OF JEFFERSON
FORMATION. THIS IS A .0038562 GROSS WORKING INTEREST OUTSIDE THE PARKS
WELLBORE AND BELOW'JEFFERSON IN THAT WELL. NET REVENUE IS 87.5%.
Hansford Co., TX: 80 Mineral Acres, Producing Royalty, Working Interest, Carried Working Interest:
Lot # 201 (Sale Order: 15 of 37)
THIS LOT INCLUDES 80 NET MINERAL ACRES IN N/2 SEC. 54 PLUS LEASEHOLD, YIELDING THIS LOT INCLUDES 80 NET MINERAL ACRES IN N/2 SEC. 54 PLUS LEASEHOLD, YIELDING
THE FOLLOWING INTERESTS IN 5 WELLS, 3 PRODUCING, 2 IDLE, ALL OPERATED BY
SPEARTEX GRAIN COMPANY.
1. MARTIN NO.1 BEGAN PRODUCTION IN JULY 1976 MAKING 2000 MCF GAS FROM THE LOWER
MORROW. TOTAL DEPTH 8200. UNIT IS ALL SECTION 54. WE OWN .015625 GROSS
WORKING INTEREST WITH MINIMAL NETTED EXPENSES. NET REVENUE IS .0136718.
PLUS .015625 ROYALTY IN THIS WELL. REVENUE (NET OF ALL EXPENSES AND
TAXES): 2010 = $ 176 2011 ~ $ 266
2. MARTIN OR ELIZABETH MARTIN NO.2 HIT'TD MAY 1978 AT 8200 FEET. MORROW WELL.
SAME UNIT, SAME INTERESTS AS NO.1. IN 2009 WE PARTICIPATED IN A WORKOVER & BEGAN PAYING FULL L.O.E. REVENUE:
2010 = $ 782 2011 = $ 263
3. BUZZARD OR LLOYD BUZZARD NO.1 HIT TD OF 8100 IN JANUARY 1978. BELIEVE TO
BE MORROW PRODUCTION; UNIT IS N/2 OF SEC. 54. WE HAVE .03094062 GROSS
WORKING INTEREST WITH .0273438 NET REVENUE & .03125 ROYALTY. WELL NOW SHUT IN.
4. NUSBAUM NO.1 WAS COMPLETED IN MARCH 1977 AT DEPTH OF 8337, MAKING 50 BARRELS
OF OIL FROM THE MARMATON FORMATION. THIS IS A 534.19 ACRE UNIT COMPRISING
N/2 SEC. 55 AND EAST 214.'19 ACRES OF N/2 SEC. 56. OUR INTEREST IS 1/8 OF
7/8 (.109375) CARRIED WORKING INTEREST, PAYING NO LEASE EXPENSE OR OPERATING
COST. REVENUE (AFTER TAXES): 2010 = $ 18,966 2011 = $ 32,249
5. NUSBAUM 2 WAS COMPLETED SEPTEMBER 1978 ALSO AS A MARMATON OIL WELL. THE
INTERESTS ARE IDENTICAL TO THOSE IN THE NUMBER 1. WELL IS PRESENTLY SHUT-IN.
TOTAL REVENUE FOR THIS LOT (NET OF ALL TAXES & EXPENSE): 2010 = $ 19,924
2011 = $ 32,778
SPEARTEX WELLS IN HANSFORD COUNTY, TEXAS
PRODUCING ROYALTY IN TEXAS IS TAXED BY COUNTY AND SCHOOL DISTRICTS.
2011 TAXES IN AMOUNT OF $ 2663.74 ARE PAID IN FULL.
CAPROCK WILL REIMBURSE BUYER OF THIS LOT FOR JANUARY & FEBRUARY 2012 TAXES
AS FOLLOWS:
1/6TH X $2663.74 = $443.96
AT CLOSING.
Stephens Co., OK - 5 Mineral Acres
Lot # 202 (Sale Order: 16 of 37)
UNDIVIDED 1/20TH (5 NET ACRES) MINERALS IN E/2 SW/4 AND E/2 SW/4 SW/4
SEC. 34~2N-7W, STEPHENS COUNTY; LEASED TO MARATHON AT 3/16 ROYALTY =
.0014648 ROYALTY INTEREST IN THE THUNDERRAWK II 1 AND 2 WELLS
THUNDERHAWK 1 COMPLETED OCTOBER 2005 AS 640 ACRE GAS UNIT PRODUCING FROM DEESE & DORNICK HILLS FORMATIONS WITH IP OF 4567 MCF PER DAY. DEPTH - 1,7620'. THUNDERHAWK 2 COMPLETED MARCH 2008 AS 640 GAS WELL PRODUCING FROM DEESE
FORMATION WITH IP OF 3810 MCF. TOTAL DEPTH - 14,350
NET REVENUE (BOTH WELLS) 2010 = $ 1373 2011 $ 968
Major Co., OK - 10 Mineral Acres
Lot # 203 (Sale Order: 17 of 37)
LOT INCLUDES 10 MINERAL ACRES IN NE/4 SEC. 17-22N-IIW AND
CERTAIN OVERRIDING ROYALTIES SHOWN BELOW BY UNIT
NOTE: OPERATORS AND PURCHASERS HAVE CHANGED SEVERAL TIMES; SOME OF THESE HAVE
CHANGED THE WELL NAMES AND DESIGNATIONS. THE FOLLOWING IS OUR BEST UNDERSTANDING
OF THE CURRENT,SITUATION:
THE LIVINGSTON OIL WEST NO.1 WELL, TOTAL DEPTH 7072, WAS COMPLETED IN 1960 AS
A MANNING & MERAMEC 'GAS UNIT. WE THINK THIS IS THE MCU UNIT 17 ON WHICH XTO
IS PAYING US .001953 ROYALTY AND .012475 OVERRIDE.
THE LADD PETROLEUM UNIT 17 NO.3 WAS 'COMPLETED IN JULY 1976 AS A MANNING ZONE
OIL WELL AT TOTAL DEPTH OF 6860. THIS IS PROBABLY THE WEST MANNING UNIT # 17
REFERENCED BY MUSTANG. UNDER SEVERAL DIFFERENT METER NUMBERS MUSTANG PAYS US
A .0002536 OVERRRIDE, A .0003593 OVERRIDE AND TWO .0010778 OVERRIDES, AND
A .,0000743 ROYALTY, A .0001053 ROYALTY, A .0003158 ROYALTY AND A .0014577 ROYALTY.
AND FINALLY, RINGWOOD GATHERING PAYS US OVERRIDES OF .0038786 AND,.0127796 AND
ROYALTIES OF .0019528 AND .0019531 UNDER VARIOUS METERS ON SOME UNIT THEY CALL
"WEST." THESE ARE MOST LIKELY A COLLECTION OF DIFFERENT LEASEHOLD OWNERS WHO
MARKET THEIR OIL & GAS SEPERATELY. THREE GENERATIONS OF OUR FAMILY HAVE FAILED
TO MAKE SENSE OF THIS SECTION - MAYBE YOU CAN.
NET REVENUE (FROM ALL WELLS & PURCHASERS):
2009 = $ 813 2010 = $ 1275 2011 $ 1469
Logan Co., OK – Approx. 25.73 acres
Lot # 204 (Sale Order: 18 of 37)
APPROXIMATELY 18.4 MINERAL ACRES IN N/2 SEC. 33-17N-3W (ALSO DESCRIBED AS
LOTS 1,2,3,4 AND N/2 N/2). ACREAGE MAY VARY SLIGHTLY SINCE IT LIES ALONG
CIMARRON RIVER. THREE WELLS NOW PRODUCING ON THIS HALF SECTION:
A. THE C. TONTZE NO.2 WAS COMPLETED MAY 1982 BY ATLAS OIL AS A 160 ACRE
MISSIPPI OIL UNIT (UNIT IS NW/4), AT 160 BARRELS PER DAY AND TD OF 6403.
ROYALTY IN THIS WELL: .0107029. OPERATOR IS RANDALL JAMES .
B. THE WEINAND NO.1 OR 1-33 WAS COMPLETED AUGUST 1984 AS A 40 ACRE WILCOX
OIL WELL MAKING 50 BARRELS A DAY. A 1991 WORKOVER ADDED VIOLA PRODUCTION.
A 1992 WORKOVER ADDED MISSISSIPPI LIME AND CHANGED THE UNIT TO 80 ACRES.
IT WAS RECOMPLETED IN 1997 AS AN 80 ACRE SKINNER WELL, UNIT BEING W/2 SE/4.
FINALLY, REWORKED AGAIN IN 2007 BY CRAWLEY, THE PRESENT OPERATOR.
ROYALTY IS .0010601 ON OIL AND .0048764 ON GAS.
C. PARSONS ENGINEERING DRILLED THE HOLLY E. 33-1 IN JANUARY 1999 AS A 160
VIOLA OIL WELL AT .6198 TD, MAKING 42 BARRELS OF OIL A DAY. UNIT IS NE/4.
ROYALTY = .013329. TOTAL REVENUE FOR THESE 3 WELLS: 2010 = $ 896 2011 = $1026
OSAGE EXPLORATION IS PREPARTING A HORIZONTAL MISSIPPI TESTS IN SEC. 5-16N-3W AND SLAWSON SPUDDED A 10,218 FOOT HORIZONTAL IN SEC 29 IN DECEMBER 2011.
2. ONE THIRD OF ONE ACRE MINERALS IN SE/4 SEC. 29-18N-4W YIELDING .0003255
ROYALTY IN THE ERGENBRIGHT 1-29 WELL, COMPLETED DECEMBER 1987 AS A 40 ACRE
SIMPSON AND FIRST WILCOX OIL WELL AT TD OF 6170'. IP WAS 32 BARRELS. LEASE IS 5/32NDS; UNIT IS SE/4 SE/4. REVENUE: 2010 = $ 22 2011 = $ 27
HUNTON OPERATING STAKED A WELL IN SEC. 28 LAST OCTOBER.
3. 7 NET ACRES IN LOTS 3,4 AND E/2 SW/4 SEC. 18-17N-3W ON 1/5TH ROYALY LEASE
GIVES .0088118 ROYALTY IN THE MOORE PETROLEUM FRANCIS 18-1, A 160 MISSISSIPPI OIL UNIT COMPLETED NOVEMBER 2005 AT 6600 TD AND IP OF 65 BARRELS.
REVENUE: 2010 = $ 249 2011 $ 50
TOTAL REVENUE THIS LOT (5 WELLS) 2010 = $ 1167 2011 $ 1103
Garfield Co., OK - 32 Acres Term Royalty Interest
Lot # 205 (Sale Order: 19 of 37)
UNDIVIDED 1/10TH (32 NET ACRES) TERM MINERALS IN E/2 SEC. 17-20N-6W, GARFIELD.
NOTE: IF BOTH EXISTING WELLS ARE PLUGGED BEFORE ANY OTHER PRODUCTION IS
ESTABLISHED ON THIS LAND, THESE MINERALS TERMINATE (TERM WAS TO 2007 AND AS
LONG THEREAFTER AS PRODUCING).
LEASED AT 5/32.ROYALTY = .015625 ROYALTY IN FUXA # 1 AND FUXA # 2 WELLS.
FUXA 1 DRILLED BY SUNDANCE ENERGY, COMPLETED APRIL 1979 AS A 160 ACRE OIL UNIT
PRODUCING FROM THE MISSISSIPPI, MANNING & SKINNER ZONES AT 85 BARRELS PER DAY
AND 750 MCF GAS.
FUXA 2 - SUNDANCE COMPLETED AUGUST 1979 AS A 160 OIL UNIT PRODUCING FROM THE
MISSISSIPPI & MANNING FORMATIONS AT 69 BARRELS A DAY.
BOTH WELLS ARE NOW OPERATED BY GILLILAND OIL & GAS. LONGFELLOW ENGINEERING SPACING A HORIZONTAL WELL AS DIAGONAL OFFSET IN SEC. 21
NET REVENUE (BOTH WELLS): 2010 = $1048
2011 = $ 975
Garfield & Kingfisher Co., OK- App. 17.05104 Mineral Acres Now & 8.46264 Acres When Production Ends
Lot # 206 (Sale Order: 20 of 37)
1. APPROXIMATELY 17.05104 NET ACRES IN S/2 SEC. 35-20N-5W, GARFIELD & KINGFISHER •
4.784 ACRES, NON-PARTICIPATING AND TERM IN LOTS 1 AND 2; AND 4.8 ACRES
NON-PARTICIPATING TERM IN LOTS 3 & 4. THE TERM EXPIRED IN 2007 BUT ROYALTY
CONTINUES WITH PRODUCTION. AND 7.46704 ACRES PERPETUAL AND PARTICIPATING
IN THE EAST 2/3RD OF LOTS 5 & 6 AND EAST 2/3 OF .S/2 SE/4. AFTER PRODUCTION
ENDS ON THESE TRACTS THERE WILL BE A GAIN BY REVERSION OF APPROX .. 9956 ACRE-.
RECAP:17+ ACRES NOW; APPROX. 8.46264 ACRES WHEN PRODUCTION ENDS, INCLUDING .
2.394 ACRES NOT CURRENTLY PRODUCING BY HBP IN LOT 2 AND E/2 SE/4. THERE ARE
2 PLUGGED WELLS: EVELYN & EAST FUXA; TWO PRODUCING WELLS:
.0056109 ROYALTY IN THE DAVID MORGAN WEST FUXA NO.1, COMPLETED FEBRUARY 1980
AS 80 ACRE COMMINGLED OIL UNIT (W/2 SW/4) MAKING 90 BARRELS PER DAY FROM
MISSIPPI, MANNING & CLEVELAND. REVENUE 2010 = $ 56 2011 = $ 52
PLUS .0099968 ROYALTY IN THE NELSON EXPLORATION LOUISE 1-35 WELL, AN 80 ACRE
MISSISSIPPI UNIT (W/2 SE/4) COMPLETED OCTOBER 1988.
REVENUE: 2010 = $ 374 2011 = $212 LONGFELLOW IS SPACING A DIAGONAL.
OFFSET HORIZONTAL WELL.
2. .00078125 OVERRIDE IN THE HOPWOOD KEITH NO .1 . THIS 80 ACRE OIL UNIT IN
W/2 SE/4 SEC 23-23N-6W, GARFIELD, WAS COMPLETED MAY 1978 PRODUCING FROM THE
2ND WILCOX & MISSISSIPPI; TD ABOUT 6971. LEGALLY THIS ORI IS DOUBLE THAT
SHOWN, REDUCED BY ATTORNEY ERROR. THIS CAN BE PROVEN IF NEW PRODUCTION
MADE IT COST EFFECTIVE TO DO SO. REVENUE: 2010 = $ 53 2011 = $ 38
3. UNDIVIDED 1/2 ACRE IN S/2 NE/4 SEC. 25-23N-6W YIELDING .0007430 ROYALTY
IN THE LINN ENERGY HOPWOOD RANDOLPH 2-25, ORIGINALLY DRILLED MAY 1977 AS 80 ACRE MISENER & MISSISSIPPI OIL WELL. REWORKED SEPTEMBER 1990 ADDING
200 MCF GAS FROM SAME ZONES. TD 6700. REVENUE 2010 - $ 31 2011 = $ 18
TOTAL REVENUE THIS LOT (4 WELLS) 2011 $ 514 2011 = $ 320
Harper Co., OK - 90 Mineral Acres in 2 Sections with 7 Producing Wells
Lot # 207 (Sale Order: 21 of 37)
1. GOERING UNITS 40 MINERAL ACRES IN S/2 NE/4 AND N/2 SE/4 SEC. 22-26N-24W.
LEASED AT 1/8TH ROYALTY = .007812 ROYALTY IN TWO WELLS:
THE CHAMPLIN GOERING UNIT NO 1 COMPLETED NOVEMBER 1959 AT DEPTH OF 7285 FEET.
IT IS A 640 ACRE GAS UNIT PRODUCING FROM HOOVER, MORROW & CHESTER FORMATIONS.
CHAMPLIN GOERING NO.2 WAS COMPLETED FEBRUARY 1983 AT 5700 FEET AS A 640 ACRE
GAS UNIT PRODUCING FROM THE HOOVER & TONKAWA. BOTH NOW OPERATED BY J. BREX. NET REVENUE (BOTH WELLS): 2010 = $ 731
2011 = $ 628
2. ZOLDOSKE UNITS 40 NET ACRES IN SE/4 AND 10 ACRES IN E/2 NW/4 AND SW/4 NW/4 AND
NW/4 SW/4 SEC. 23-26N-24W. 50 ACRES TOTAL LEASED AT 1/8 =.00097658 ROY IN 5 WELLS:
THE SINCLAIR ZOLDOSKE NO 1 WAS COMPLETED MAY 1959, TD 7120 FEET AT 640 GAS UNIT
PRODUCING FROM .TONKAWA,HOOVER & CHESTER.
THE ARCO O.G. ZOLDOSKE NO 2 WAS COMPLETED APRIL 1977 AS 640 TONKAWA GAS UNIT
AT TD OF 7100. THESE 2 WELLS ARE NOW OPERATED BY J. BREX, WHO COMPLETED THE
ZOLDOSKE NO.3 IN FEBRUARY 1989; THEY RECOMPLETED IN FEBRUARY 1993 AS A 640 ACRE
GAS WELL PRODUCING FROM HOOVER FORMATION; APPROXIMATE TD = 7000 FEET.
THE APACHE CORP. ZOLDOSKE 4-23H WAS COMPLETED 6 FEBRUARY 2011 AT TD OF 11,525
FEET, MAKING 525 BARRELS OF OIL & 681 MCF GAS PER DAY FROM CHEROKEE FORMATION.
THE APACHE ZOLDOSKE 5-23-H HIT TD OF 11,540 AND COMPLETED 25 OCTOBER 2011, MAKING
607 BARRELS OIL AND 695 MCF, ALSO FROM CHEROKEE. BOTH APACHE WELLS ARE 640 UNITS.
NET REVENUE FROM ALL FIVE ZOLDOSKE. WELLS: 2010 = $ 2301 2011 = $ 67,096
Grant County, OK – 10 Mineral Acres and Overriding Royalty Income
Lot # 208 (Sale Order: 22 of 37)
1. .013672 OVERRIDE IN THE W.J.E. HARPER NO.1 (ALSO CALLED HARPER NO.1 AND AI) ,
A 160 ACRE OIL UNIT COMPRISING SW/4 SEC. 18-28N-6W, COMPLETED BY WOODS
PETROLEUM DECEMBER 1955 AT 4934 TOTAL DEPTH, FLOWING 68 BARRELS FROM THE
BASAL PENNSYLVANIA. CURRENT OPERATOR IS UNIT PETROLEUM.
REVENUE: 2010 = $ 321 2011 = $ 603
2. 10 NET MINERAL ACRES IN SE/4 SEC. 31-27N-8W CREATES A .00004708 ROYALTY IN THE HAWLEY WEST UNIT. THIS LARGE MISSISSIPPI CHAT WATERFLOOD CONTAINS - DOZENS OF WELLS AND COVERS PARTS OF 15 SECTIONS IN 26-8 AND 27-8. IT WAS
UNITIZED IN 1974 BUT MANY WELLS,ARE 15-20 YEARS OLDER. CURRENT OPERATOR
CASILLAS PETROLEUM HAS ADDED 2 MORE CHAT WELLS IN PAST YEAR AND IN JANUARY
2012 STAKED THE FIRST DEEP TEST WITHIN THE UNIT - A 10,300 FOOT HORIZONTAL
'SHOT IN SEC. 21-27N-8W, CLOSELY OFFSETTING SANDRIDGE'S NUMEROUS HORIZONTAL
WELLS NORTH, WEST AND EAST. REVENUE: 2010 = $ 98 2011 = $ 115
3. OVERRIDING ROYALTY OF 1/64 OF 7/8THS ON CERTAIN LEASES COVERING SE/4
SEC. 13-28N-7W AND W/2 NE/4 AND E/2 NW/4 SEC. 19-28N-6W. THIS MAKES A
.01367187 OVERRIDE IN THE CONRADY UNITS, ONE OR MORE WELLS IN SE/4 NW/4 SEC. 19-28-6; THE NE/4 AND E/2 NW/4 SEC. 21-28-6 AND E/2 SE/4 SEC. 13-28-7.
OLDEST WELL WAS PROBABLY THE WOODS PETRO. CONRADY # 1 IN SE/4 SEC. 13
DRILLED ABOUT 1954. KEWANEE DRILLED THE KUNDA # 1 IN SAME TRACT IN 1956
MAKING 43 BARRELS FROM THE BARTLESVILLE SAND. AT LEAST 2 OTHER WELLS
WERE DRILLED ON THESE TRACTS OR UNITIZED THEREWITH. C-H-4 ENERGY IS
CURRENTLY SPACING A 640 HORIZONTAL WELL CONTIGUOUSLY IN 24-28N-7W, WHICH
IS ALSO A DIAGONAL OFFSET TO THE HARPER WELL ABOVE.
REVENUE 2010 = $ 211 2011 = $ 39
TOTAL REVENUE THIS LOT (ALL WELLS & UNITS) 2010 $ 630 2011 $ 757
Woods Co., OK – 37.5 Mineral Acres in 3 Sections with 3 Producing Wells and Idle Well
Lot # 209 (Sale Order: 23 of 37)
1. 5 MINERAL ACRES IN S/2 SW/4 SEC. 17-29N-17W, WOODS AT 5/32 ROYALTY IN
A 568.7 ACRE UNIT = .001374 ROYALTY IN THE DYER 2-17 WELL COMPLETED
MARCH 1998 AS A 640 ARBUCKLE GAS UNIT MAKING 43 BARRELS OIL AND 750
MCF AT TOTAL DEPTH OF 6240.
REVENUE: 2010 $ 60 2011 = $ 107
A 1/ 8TH LEASE YIELDS
REVENUE: 2010 = $ 11
224 MCF FROM THE OSWEGO.
2011 = $ 15 MJM PAYING ONLY 1/2 DUE. WE WILL DELIVER FULL FILE AFTER RESOLUTION
THE BUCK 1-21
THE TENNECO MCGILL 1-21 WAS COMPLETED FEBRUARY 1976, AS AN OSWEGO GAS
UNIT AND REWORKED AS SAME IN DECEMBER 1978 BY MJM RESOURCES MAKING
950 MCF OF GAS PER DAY. TOTAL DEPTH IS 6010. THE MCGILL IS SHUT IN SINCE '07.
A .000855 OVERRIDE ON GAS ALSO GOES WITH THIS UNIT.
3. 27.5 NET ACRES ::rN SE/4 SEC. 24-28N-16W AT 15% ROYALTY EQUALS A .0064453
ROYLATY IN THE MCOSKER 1-24, A 640 ACRE LANSING AND KANSAS CITY UNIT
COMPLETED MARCH 1994 AT TD 5700, MAKING 170 MCF.
REVENUE: 2010 = $ 444 2011 = $ 162
THESE LAST THREE WELLS ARE OPERATED BY MJM RESOURCES.
TOTAL REVENUE THIS LOT (3 WELLS): 2010 = $ 515 2011 = $ 284
Woods Co., OK – 10 Mineral Acres in 4 Sections with 5 Producing Wells
Lot # 210 (Sale Order: 24 of 37)
1. A .00125 GROSS WORKING INTEREST WITH .0009125 NET REVENUE IN THE NADEL AND
GUSSMAN STEWART A # 1 WELL, A 640 ACRE UNIT COMPRISING SEC. 28-24N-13W, WOODS CO.
THIS IS A WELLBORE ONLY INTEREST ALSO LIMITED BY DEPTH.
OXY USA COMPLETED THIS 7400 FOOT HUNTON TEST IN ABOUT SEPTEMBER 1989 AS A
GAS WELL WITH SOME OIL. NET REVENUE: 2010 =$ 3.2 2011 = $ 32
2. 5 MINERAL ACRES IN E/2 NE/4 SEC. 20-26N-15W, WOODS COUNTY AT 1/8 ROYALTY
.00097656 ROYALTY, PLUS A .00085449 OVERRIDE ON GAS AND A .00042725 OVERRIDE
ON OIL IN THE MYERS 20-312 WELL. 640 ACRE GAS ONLY WELL NOW OPERATED BY
OIL PRODUCERS OF KANSAS. REVENUE: 2010 = $ 39 2011 = $ 36
3. A 2.5 ACRE INTEREST IN NE/4 NW/4 SEC. 20-29N-17 W AT 3/16 ROYALTY = .0007324
ROYALTY IN REDLAND RESOURCES NIGHSWONGER # 1, COMPLETED DECEMBER 2002' AT
5600 TOTAL DEPTH AS 640 ACRE GAS UNIT PRODUCING FROM KANSAS CITY/LANSING AND
MISSIPPI. REVENUE 2010 = $ 23 2011 = $ 4 NOTE: OPERATOR REDLAND ADVISES
THEY PLAN TO DRILL A NEW WELL IN THIS SECTION IN 2012.
4. A 2.5 ACRE INTEREST IN SE/4 SE/4 SEC. 18-29N-17W AT 3/16 ROYALTY = .0006845
ROYALTY IN TWO WELLS:
REDLAND HUGHES 18-9 COMPLETED AUGUST 2004 AS 640 ACRE MISSISSIPPI GAS WELL IN
SE/4; REDLAND RUBY 18-12 COMPLETED OCTOBER 2005 AS SAME IN SW/4. BOTH TD'S
WERE 5600 FEET. REVENUE (BOTH WELLS IN SEC. 18): 2010 $ 86 2011 = $ 76
TOTAL REVENUE FOR THIS LOT: 2010 - $ 180 2011 = $ 148
Major County, OK – 20 Mineral Acres
Lot # 211 (Sale Order: 25 of 37)
20 NET MINERAL ACRES IN W/2 NW/4 SEC. 20-20N-14W
AT 3/16 ROYALTY = .0058594 ROYALTY IN ONE PRODUCING WELL.
MICHIGAN-WISCONSIN PIPELINE COMPLETED THE GARMAN NO 1 IN THE CENTER OF THE NW/4
OF SEC. 20 AT TD OF 10,260 IN APRIL 1980, PRODUCING 168 BARRELS OF OIL FROM
THE CHESTER. IT SEEMS TO HAVE ORIGINALLY BEEN AN 80 ACRE UNIT; NOW IT'S 640
OPERATED BY H.E.P.OIL.
A 2ND WELL, ALSO CALLED GARMAN NO 1, WAS COMPLETED IN SEPTEMBER 1988 IN THE·
SW/4 SW/4. IT WAS A 640 ACRE CHESTER AND MISSISSIPPI LIME OIL WELL, PLUGGED
AND ABANDONED IN 2009.
REVENUE 2010 = $ 740 2011 $ 847
