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YOU’LL LIKE WHERE THIS ROAD ENDS.
JULY 25, 2019
OIL & GAS ASSET AUCTION
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Mid-Continent Energy ExchangeOil & Gas asset Auctions
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Alta Mesa ResourcesAztec Oil Co Division
Becker Oil CorpBreitman Operating LP
Bryce GarnerC&R Oil
Carmen Schmitt IncChesapeake Operating LLC
Devon Energy CorpDK Operating Inc
ELK Energy Holdings LLCEOG Resources Inc
ETX Energy LLCFrostwood Energy LLC
Grand Mesa Operating CoGreat Plains EnergyHerman Loeb LLC
Hinkle Oil & Gas IncIndigo Production CoK & N Petroleum Inc
Marathon Oil CoMerit Energy Co
Murfin Drilling Co IncNorstar Petroleum IncOccidental PetroleumPalomino Petroleum
Paul Bowman Oil TrustPickrell Drilling Co Inc
SB EF Maverick LLCSquare Mile Energy LLC
StrataKan Exploration LLCThomas Garner Inc
Trans Pacific Oil CorpUrban Oil & Gas Group LLC
Vess Oil CorporationXTO Energy Inc
MCEE is proud to have properties in this auction operated by the following list of operators!
MID-CONTINENT ENERGY EXCHANGEOil and Gas Asset Auctions
Table of Contents for July 25, 2019 AuctionAs of 7/24/2019 9:01:40 AM
Click on the lease name link to see the dataroom documents.
Lot Lease Name Interest Type OperatorCounty/State1 Hillery - LOT REMOVED ORRI Palomino PetroleumLogan KS
2 Wess ORRI K & N Petroleum IncBarton KS
3 Davis ORRI Aztec Oil Co DivisionButler KS
4 Austin F1-15 PWI Chesapeake Operating LLCCanadian OK
5 Borneman ORRI Hinkle Oil & Gas IncCanadian OK
6 Calumet-Wilson (CCGU) ORRI Urban Oil & Gas Group LLCCanadian OK
7 Welch ORRI Pickrell Drilling Co IncEdwards KS
8 Schultz Operated Lease StrataKan Exploration LLCRice KS
9 Pekarek ORRI Trans Pacific Oil CorpEllsworth KS
10 Nelson ORRI Vess Oil CorporationHodgeman KS
11 Springer ORRI DK Operating IncHodgeman KS
12 Lippelmann ORRI ELK Energy Holdings LLCThomas KS
12.1 Lippelmann ORRI ELK Energy Holdings LLCThomas KS
12.2 Lippelmann ORRI ELK Energy Holdings LLCThomas KS
13 Blank ORRI C&R OilRooks KS
14 P. Keller ORRI Paul Bowman Oil TrustRooks KS
15 McFadden A ORRI Carmen Schmitt IncRooks KS
16 UPRC 1-35 Operated Lease Murfin Drilling Co IncCheyenne CO
17 Dehner ORRI Pickrell Drilling Co IncRush KS
18 Kingfisher County Minerals Mineral RI Alta Mesa ResourcesKingfisher OK
18.1 Kingfisher County Minerals Mineral RI Alta Mesa ResourcesKingfisher OK
18.2 Kingfisher County Minerals Mineral RI Alta Mesa ResourcesKingfisher OK
18.3 Kingfisher County Minerals Mineral RI Alta Mesa ResourcesKingfisher OK
19 Mary 1 ORRI Thomas Garner IncStafford KS
19.1 Mary 1 ORRI Thomas Garner IncStafford KS
20 Comanche County Minerals Minerals Comanche KS
21 Turnbull Units G & H Term Royalty Marathon Oil CoKarnes TX
22 Ritter ‘A’ 1-32 PWI Great Plains EnergyDecatur KS
23 Ritter ‘A’ 1-32 ORRI Great Plains EnergyDecatur KS
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
MID-CONTINENT ENERGY EXCHANGEOil and Gas Asset Auctions
Table of Contents for July 25, 2019 AuctionAs of 7/24/2019 9:01:40 AM
Click on the lease name link to see the dataroom documents.
Lot Lease Name Interest Type OperatorCounty/State1 Hillery - LOT REMOVED ORRI Palomino PetroleumLogan KS
2 Wess ORRI K & N Petroleum IncBarton KS
3 Davis ORRI Aztec Oil Co DivisionButler KS
4 Austin F1-15 PWI Chesapeake Operating LLCCanadian OK
5 Borneman ORRI Hinkle Oil & Gas IncCanadian OK
6 Calumet-Wilson (CCGU) ORRI Urban Oil & Gas Group LLCCanadian OK
7 Welch ORRI Pickrell Drilling Co IncEdwards KS
8 Schultz Operated Lease StrataKan Exploration LLCRice KS
9 Pekarek ORRI Trans Pacific Oil CorpEllsworth KS
10 Nelson ORRI Vess Oil CorporationHodgeman KS
11 Springer ORRI DK Operating IncHodgeman KS
12 Lippelmann ORRI ELK Energy Holdings LLCThomas KS
12.1 Lippelmann ORRI ELK Energy Holdings LLCThomas KS
12.2 Lippelmann ORRI ELK Energy Holdings LLCThomas KS
13 Blank ORRI C&R OilRooks KS
14 P. Keller ORRI Paul Bowman Oil TrustRooks KS
15 McFadden A ORRI Carmen Schmitt IncRooks KS
16 UPRC 1-35 Operated Lease Murfin Drilling Co IncCheyenne CO
17 Dehner ORRI Pickrell Drilling Co IncRush KS
18 Kingfisher County Minerals Mineral RI Alta Mesa ResourcesKingfisher OK
18.1 Kingfisher County Minerals Mineral RI Alta Mesa ResourcesKingfisher OK
18.2 Kingfisher County Minerals Mineral RI Alta Mesa ResourcesKingfisher OK
18.3 Kingfisher County Minerals Mineral RI Alta Mesa ResourcesKingfisher OK
19 Mary 1 ORRI Thomas Garner IncStafford KS
19.1 Mary 1 ORRI Thomas Garner IncStafford KS
20 Comanche County Minerals Minerals Comanche KS
21 Turnbull Units G & H Term Royalty Marathon Oil CoKarnes TX
22 Ritter ‘A’ 1-32 PWI Great Plains EnergyDecatur KS
23 Ritter ‘A’ 1-32 ORRI Great Plains EnergyDecatur KS
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
24 Evelyn 'A' 1-27 PWI Great Plains EnergyDecatur KS
25 Evelyn 'A' 1-27 ORRI Great Plains EnergyDecatur KS
26 MCU 21-6 and Unit 21 (Driscol)
ORRI XTO Energy IncMajor OK
27 Wells 1-9 Operated Lease Grand Mesa Operating CoNess KS
27.1 Wells 1-9 ORRI Grand Mesa Operating CoNess KS
28 Sargent 1-20 Operated Lease Grand Mesa Operating CoNess KS
28.1 Sargent 1-20 ORRI Grand Mesa Operating CoNess KS
29 Marion County Operated Leases
Operated Lease Trans Pacific Oil CorpMarion KS
30 Standsblack, Big Goose, Steichen
Operated Lease Becker Oil CorpKay OK
31 Mosier Operated Lease Murfin Drilling Co IncSheridan KS
32 Garvin County Minerals Open Minerals Garvin OK
33 Delta and Hopkins County Minerals
Open Minerals Delta and Hopkins TX
34 Canadian ML6 Mineral RI Devon Energy CorpCanadian OK
34.1 Canadian ML6 Mineral RI Devon Energy CorpCanadian OK
34.2 Canadian ML6 Mineral RI Devon Energy CorpCanadian OK
34.3 Canadian ML6 Mineral RI Devon Energy CorpCanadian OK
35 Garfield County Leasehold Leasehold Garfield OK
36 Mohler Unit Operated Lease Norstar Petroleum IncMeade KS
37 Hooten RI XTO Energy IncCleburne AR
38 Diamondback, Javelina RI EOG Resources IncAtascosa TX
38.1 Diamondback, Javelina RI EOG Resources IncAtascosa TX
39 McDuffie, Metzer, Scamarado Grimes
RI ETX Energy LLCBrazos/Grimes TX
40 Hopkins RI Square Mile Energy LLCColorado TX
41 Briscoe Ranch RI Chesapeake Operating LLCDimmit TX
42 Briscoe Springman RI SB EF Maverick LLCDimmit TX
43 Lawson Mary, Moncrief Mattie
RI Breitman Operating LPGregg TX
43.1 Lawson Mary, Moncrief Mattie
RI Bryce GarnerGregg TX
44 Crawford Leta D, Shaw Verda RI Occidental PetroleumIrion TX
45 Dobby A H, Dobby B H, Naylor Jones Unit H
RI EOG Resources IncMcMullin TX
46 Bent Bros B, Bentsen Bros State, La Copita Gas Unit
RI Merit Energy CoStarr TX
47 Jack Wilson RI Devon Energy CorpTarrant/Wise TX
47.1 Jack Wilson RI Devon Energy CorpTarrant/Wise TX
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
48 Buhler-Schovasja, Henderson Schovajsa
ORRI Frostwood Energy LLCVictoria TX
48.1 Buhler-Schovasja, Henderson Schovajsa
ORRI Frostwood Energy LLCVictoria TX
49 Davis Ranch Operated Lease Trans Pacific Oil CorpBarber KS
50 Gove Minerals Minerals Gove KS
51 Rothe 1-18 and 2-18 Operated Lease Grand Mesa Operating CoNess KS
51.1 Rothe 1-18 ORRI Grand Mesa Operating CoNess KS
52 Thomas County Minerals Open Minerals Thomas KS
53 McClure Mineral RI Herman Loeb LLCHaskell KS
54 Chatfield Mineral RI Merit Energy CoHaskell KS
55 Fisher Operated Lease Thomas Garner IncEdwards KS
56 Whitney, RMD ORRI Indigo Production CoSabine LA
56.1 Whitney, RMD ORRI Indigo Production CoSabine LA
57 Pawnee County Minerals Open Minerals Pawnee OK
58 Tulsa County Minerals Open Minerals Tulsa OK
59 Jefferson County Minerals Open Minerals Jefferson OK
60 Lane County Minerals Open Unleased Minerals
Lane KS
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
24 Evelyn 'A' 1-27 PWI Great Plains EnergyDecatur KS
25 Evelyn 'A' 1-27 ORRI Great Plains EnergyDecatur KS
26 MCU 21-6 and Unit 21 (Driscol)
ORRI XTO Energy IncMajor OK
27 Wells 1-9 Operated Lease Grand Mesa Operating CoNess KS
27.1 Wells 1-9 ORRI Grand Mesa Operating CoNess KS
28 Sargent 1-20 Operated Lease Grand Mesa Operating CoNess KS
28.1 Sargent 1-20 ORRI Grand Mesa Operating CoNess KS
29 Marion County Operated Leases
Operated Lease Trans Pacific Oil CorpMarion KS
30 Standsblack, Big Goose, Steichen
Operated Lease Becker Oil CorpKay OK
31 Mosier Operated Lease Murfin Drilling Co IncSheridan KS
32 Garvin County Minerals Open Minerals Garvin OK
33 Delta and Hopkins County Minerals
Open Minerals Delta and Hopkins TX
34 Canadian ML6 Mineral RI Devon Energy CorpCanadian OK
34.1 Canadian ML6 Mineral RI Devon Energy CorpCanadian OK
34.2 Canadian ML6 Mineral RI Devon Energy CorpCanadian OK
34.3 Canadian ML6 Mineral RI Devon Energy CorpCanadian OK
35 Garfield County Leasehold Leasehold Garfield OK
36 Mohler Unit Operated Lease Norstar Petroleum IncMeade KS
37 Hooten RI XTO Energy IncCleburne AR
38 Diamondback, Javelina RI EOG Resources IncAtascosa TX
38.1 Diamondback, Javelina RI EOG Resources IncAtascosa TX
39 McDuffie, Metzer, Scamarado Grimes
RI ETX Energy LLCBrazos/Grimes TX
40 Hopkins RI Square Mile Energy LLCColorado TX
41 Briscoe Ranch RI Chesapeake Operating LLCDimmit TX
42 Briscoe Springman RI SB EF Maverick LLCDimmit TX
43 Lawson Mary, Moncrief Mattie
RI Breitman Operating LPGregg TX
43.1 Lawson Mary, Moncrief Mattie
RI Bryce GarnerGregg TX
44 Crawford Leta D, Shaw Verda RI Occidental PetroleumIrion TX
45 Dobby A H, Dobby B H, Naylor Jones Unit H
RI EOG Resources IncMcMullin TX
46 Bent Bros B, Bentsen Bros State, La Copita Gas Unit
RI Merit Energy CoStarr TX
47 Jack Wilson RI Devon Energy CorpTarrant/Wise TX
47.1 Jack Wilson RI Devon Energy CorpTarrant/Wise TX
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
48 Buhler-Schovasja, Henderson Schovajsa
ORRI Frostwood Energy LLCVictoria TX
48.1 Buhler-Schovasja, Henderson Schovajsa
ORRI Frostwood Energy LLCVictoria TX
49 Davis Ranch Operated Lease Trans Pacific Oil CorpBarber KS
50 Gove Minerals Minerals Gove KS
51 Rothe 1-18 and 2-18 Operated Lease Grand Mesa Operating CoNess KS
51.1 Rothe 1-18 ORRI Grand Mesa Operating CoNess KS
52 Thomas County Minerals Open Minerals Thomas KS
53 McClure Mineral RI Herman Loeb LLCHaskell KS
54 Chatfield Mineral RI Merit Energy CoHaskell KS
55 Fisher Operated Lease Thomas Garner IncEdwards KS
56 Whitney, RMD ORRI Indigo Production CoSabine LA
56.1 Whitney, RMD ORRI Indigo Production CoSabine LA
57 Pawnee County Minerals Open Minerals Pawnee OK
58 Tulsa County Minerals Open Minerals Tulsa OK
59 Jefferson County Minerals Open Minerals Jefferson OK
60 Lane County Minerals Open Unleased Minerals
Lane KS
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #1 ORRI
OperatorPalomino Petroleum
Legal DescriptionS/2 Sec 18-24S-35W
County & StateLogan, KS
Acres320
Net Income$1,766.53
(4 mo)
$441.63/mo
320 acre lease ORRI. *Seller is retaining 50% of what he owns so the income shown here is 1/2 of the income on the checkstubs in the data room. In other words, seller owns 2% of the lease - this auction is for 1%, therefore 50% of the income on the checkstubs is the net income shown.
New Well Drilled 2/2019
Oil Sales:5-19 650.08 BBL4-19 653.07 BBL3-19 812.28 BBL2-19 1290.12 BBL
Seller Comments:
Decimal Interest0.0100000 (*see Seller Comments)
Lease Name
Lot RemovedHillery-1
Lot #2 ORRI
OperatorK & N Petroleum Inc
Legal DescriptionW/2 SE Sec 9-19S-12W
County & StateBarton, KS
Acres80
Net Income$4,391.47
(12 mo)
$365.96/mo
Decimal Interest0.0546875
Lease NameWess
Gross BOPD3.6
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #1 ORRI
OperatorPalomino Petroleum
Legal DescriptionS/2 Sec 18-24S-35W
County & StateLogan, KS
Acres320
Net Income$1,766.53
(4 mo)
$441.63/mo
320 acre lease ORRI. *Seller is retaining 50% of what he owns so the income shown here is 1/2 of the income on the checkstubs in the data room. In other words, seller owns 2% of the lease - this auction is for 1%, therefore 50% of the income on the checkstubs is the net income shown.
New Well Drilled 2/2019
Oil Sales:5-19 650.08 BBL4-19 653.07 BBL3-19 812.28 BBL2-19 1290.12 BBL
Seller Comments:
Decimal Interest0.0100000 (*see Seller Comments)
Lease Name
Lot RemovedHillery-1
Lot #2 ORRI
OperatorK & N Petroleum Inc
Legal DescriptionW/2 SE Sec 9-19S-12W
County & StateBarton, KS
Acres80
Net Income$4,391.47
(12 mo)
$365.96/mo
Decimal Interest0.0546875
Lease NameWess
Gross BOPD3.6
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #3 ORRI
OperatorAztec Oil Co Division
Legal DescriptionNW Sec 6-25S-5E
County & StateButler, KS
Acres160
Net Income$519.95
(12 mo)
$43.33/mo
Decimal Interest0.0136718
Lease NameDavis
Gross BOPD1.75
Gross MCFD0
Lot #4 PWI
OperatorChesapeake Operating LLC
Legal DescriptionSW Sec 15-13N-10W
County & StateCanadian, OK
Acres160
Gross OpEx$1,456.04
Net Income$911.47
GWI0.05
NRI0.04
(10 mo)Gross Income$2,367.51
(10 mo) (10 mo)
$236.75/mo $145.60/mo $91.15/mo
Lease NameAustin F1-15
Lot #5 ORRI
OperatorHinkle Oil & Gas Inc
Legal DescriptionW/2 SW Sec 23-11N-5W
County & StateCanadian, OK
Acres160
Net Income$412.60
(12 mo)
$34.38/mo
Decimal Interest0.02
Lease NameBorneman
Gross BOPD0.16
Gross MCFD18.4
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #6 ORRI
OperatorUrban Oil & Gas Group LLC
Legal DescriptionTrack 52-W/2 NE Sec 12-13N-9WTrack 53-NE/4 NE Sec 12-13N-9WTrack 54-SE/4 NE Sec 12-13N-9WTrack 55-NW/4 SE Sec 12-13N-9WTrack 57-SW/4 SE Sec 12-13N-9W
County & StateCanadian, OK
Acres160
Net Income$2,821.78
(14 mo)
$201.56/mo
Oil sales in Apr 2019 were 11,974 bbl from this unit and May check was $243.12. Lease also sold 20,045 gallons NGL and 1688 MCF gas.
Net Income:Feb 2019 - $170.18Mar 2019 - $160.77Apr 2019 - $211.36May 2019 - $243.12June 2019 - $243.39
Seller Comments:
Decimal Interest0.0003704
Lease NameCalumet-Wilson (CCGU)
Gross MCFDSee note
Lot #7 ORRI
OperatorPickrell Drilling Co Inc
Legal DescriptionNE & S/2 Sec 13-26S-18W & NW Sec 18-26S-17W
County & StateEdwards, KS
Acres640
Net Income$598.69
(12 mo)
$49.89/mo
Decimal Interest0.027348
Lease NameWelch
Gross MCFD28
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
James Stephensonemail: [email protected]: www.petrobase.net
Lot #3 ORRI
OperatorAztec Oil Co Division
Legal DescriptionNW Sec 6-25S-5E
County & StateButler, KS
Acres160
Net Income$519.95
(12 mo)
$43.33/mo
Decimal Interest0.0136718
Lease NameDavis
Gross BOPD1.75
Gross MCFD0
Lot #4 PWI
OperatorChesapeake Operating LLC
Legal DescriptionSW Sec 15-13N-10W
County & StateCanadian, OK
Acres160
Gross OpEx$1,456.04
Net Income$911.47
GWI0.05
NRI0.04
(10 mo)Gross Income$2,367.51
(10 mo) (10 mo)
$236.75/mo $145.60/mo $91.15/mo
Lease NameAustin F1-15
Lot #5 ORRI
OperatorHinkle Oil & Gas Inc
Legal DescriptionW/2 SW Sec 23-11N-5W
County & StateCanadian, OK
Acres160
Net Income$412.60
(12 mo)
$34.38/mo
Decimal Interest0.02
Lease NameBorneman
Gross BOPD0.16
Gross MCFD18.4
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #6 ORRI
OperatorUrban Oil & Gas Group LLC
Legal DescriptionTrack 52-W/2 NE Sec 12-13N-9WTrack 53-NE/4 NE Sec 12-13N-9WTrack 54-SE/4 NE Sec 12-13N-9WTrack 55-NW/4 SE Sec 12-13N-9WTrack 57-SW/4 SE Sec 12-13N-9W
County & StateCanadian, OK
Acres160
Net Income$2,821.78
(14 mo)
$201.56/mo
Oil sales in Apr 2019 were 11,974 bbl from this unit and May check was $243.12. Lease also sold 20,045 gallons NGL and 1688 MCF gas.
Net Income:Feb 2019 - $170.18Mar 2019 - $160.77Apr 2019 - $211.36May 2019 - $243.12June 2019 - $243.39
Seller Comments:
Decimal Interest0.0003704
Lease NameCalumet-Wilson (CCGU)
Gross MCFDSee note
Lot #7 ORRI
OperatorPickrell Drilling Co Inc
Legal DescriptionNE & S/2 Sec 13-26S-18W & NW Sec 18-26S-17W
County & StateEdwards, KS
Acres640
Net Income$598.69
(12 mo)
$49.89/mo
Decimal Interest0.027348
Lease NameWelch
Gross MCFD28
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #8 Operated Lease
OperatorStrataKan Exploration LLC
Legal DescriptionNW Sec 13-18S-10W
County & StateRice, KS
Acres160
GWI100%
NRI82%
This lot includes the Shultz 2, 3, and 4 producing oil wells and the Habiger 2 SWD. Production in this area is low decline and operates cheap. The disposal is located in the SW/4 of Sec 12-18S10W. It is directly across the road north. The annual outside water fee is $1200.00.
Current Operator purchased this lease entirely shut in during the extended downturn. It needed some TLC. The #3 and #4 wells had tubing leaks. The dump valve and float system was bad and the disposal was plugged off. Operator fixed the tubing leak on the #3 and started the #2 well. They replaced the dump valve and float on the saltwater tank. The SWD was acidized and is on a constant vac now. A solid and regular chemical program has been implemented. The oil is 40 gravity and does not require any separation related chemicals.
Operator has plans to fix the #4 tubing leak as well in the near future which would add production and value.
The lease averaged 3.6 BOPD in May (pumper sheet provided for reference). Operator believes adding the #4 will take production over 5 BOPD.
The lease has never been included in a 3-D seismic survey. That said, any location found via 3-D could yield a very large producer. Stratakan’s Habiger Lease is 1 mile east on the same trend and has produced 28,000 bbls in less than two years.
Operator has other projects going on that require funding and has decided to sell this lease through Mid-Continent Energy Exchange giving someone else a chance to make some oil.
Total fluid: #3 approximately 220 and #2 is approximately 110 the #4 well should produce 75-90 total fluid according to well data files. Behind pipe Shawnee, and Lansing/KC never opened. 330 BBL water per day produced.
Seller Comments:
Lease NameSchultz
Gross BOPD3.6
Gross BWPD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #9 ORRI
OperatorTrans Pacific Oil Corp
Legal DescriptionS/2 NE &NW Sec 20-14S-10W
County & StateEllsworth, KS
Acres120
Net Income$3,008.70
(12 mo)
$250.73/mo
Decimal Interest0.0136719
Lease NamePekarek
Gross BOPD10
Lot #10 ORRI
OperatorVess Oil Corporation
Legal DescriptionNW Sec 10-24S-24W
County & StateHodgeman, KS
Acres160
Net Income$3,150.28
(12 mo)
$262.52/mo
Decimal Interest0.0546875
Lease NameNelson
Gross BOPD2.9
Gross MCFD0
Lot #11 ORRI
OperatorDK Operating Inc
Legal DescriptionNE Sec 25-22S-24W
County & StateHodgeman, KS
Acres160
Net Income$2,972.35
(12 mo)
$247.70/mo
Decimal Interest0.0136719
Lease NameSpringer
Gross BOPD9.42
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Elite Oil & Gas Explorer Since 1969- 316-799-1000
Lot #8 Operated Lease
OperatorStrataKan Exploration LLC
Legal DescriptionNW Sec 13-18S-10W
County & StateRice, KS
Acres160
GWI100%
NRI82%
This lot includes the Shultz 2, 3, and 4 producing oil wells and the Habiger 2 SWD. Production in this area is low decline and operates cheap. The disposal is located in the SW/4 of Sec 12-18S10W. It is directly across the road north. The annual outside water fee is $1200.00.
Current Operator purchased this lease entirely shut in during the extended downturn. It needed some TLC. The #3 and #4 wells had tubing leaks. The dump valve and float system was bad and the disposal was plugged off. Operator fixed the tubing leak on the #3 and started the #2 well. They replaced the dump valve and float on the saltwater tank. The SWD was acidized and is on a constant vac now. A solid and regular chemical program has been implemented. The oil is 40 gravity and does not require any separation related chemicals.
Operator has plans to fix the #4 tubing leak as well in the near future which would add production and value.
The lease averaged 3.6 BOPD in May (pumper sheet provided for reference). Operator believes adding the #4 will take production over 5 BOPD.
The lease has never been included in a 3-D seismic survey. That said, any location found via 3-D could yield a very large producer. Stratakan’s Habiger Lease is 1 mile east on the same trend and has produced 28,000 bbls in less than two years.
Operator has other projects going on that require funding and has decided to sell this lease through Mid-Continent Energy Exchange giving someone else a chance to make some oil.
Total fluid: #3 approximately 220 and #2 is approximately 110 the #4 well should produce 75-90 total fluid according to well data files. Behind pipe Shawnee, and Lansing/KC never opened. 330 BBL water per day produced.
Seller Comments:
Lease NameSchultz
Gross BOPD3.6
Gross BWPD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #9 ORRI
OperatorTrans Pacific Oil Corp
Legal DescriptionS/2 NE &NW Sec 20-14S-10W
County & StateEllsworth, KS
Acres120
Net Income$3,008.70
(12 mo)
$250.73/mo
Decimal Interest0.0136719
Lease NamePekarek
Gross BOPD10
Lot #10 ORRI
OperatorVess Oil Corporation
Legal DescriptionNW Sec 10-24S-24W
County & StateHodgeman, KS
Acres160
Net Income$3,150.28
(12 mo)
$262.52/mo
Decimal Interest0.0546875
Lease NameNelson
Gross BOPD2.9
Gross MCFD0
Lot #11 ORRI
OperatorDK Operating Inc
Legal DescriptionNE Sec 25-22S-24W
County & StateHodgeman, KS
Acres160
Net Income$2,972.35
(12 mo)
$247.70/mo
Decimal Interest0.0136719
Lease NameSpringer
Gross BOPD9.42
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #12 ORRI
OperatorELK Energy Holdings LLC
Legal DescriptionNW SE SE NW Sec 14-10S-33W
County & StateThomas, KS
Net Income$5,976.24
(4 mo)
$1,494.06/moSeller Comments: High bidder will have the option to double or triple this lot.
Oil sales: Jan 2019 4,773 bbl sold (27 days) Feb 2019 4,386 bbl sold (21 days) Mar 2019 4,819 bbl sold (27 days) Revenue to the interest - $810.85Apr 2019 10,766 bbl sold (28 days) Revenue to the interest - $2,001.98May 2019 8,136 bbl sold (19 days) Revenue to the interest - $1,451.18Jun 2019 10,809 bbl sold (30 days) Revenue to the interest - $1,712.26
4 month average including 1 month revenue prior to wells 3, 4,and 5 is $1,494.06 to this interest.
Decimal Interest0.00333
Lease NameLippelmann 1-14
Gross BOPD345
Gross MCFD0
Lot #12.1 ORRI
OperatorELK Energy Holdings LLC
Legal DescriptionNW SE SE NW Sec 14-10S-33W
County & StateThomas, KS
Net Income$5,976.24
(4 mo)
$1,494.06/mo
Oil sales: Jan 2019 4,773 bbl sold (27 days) Feb 2019 4,386 bbl sold (21 days) Mar 2019 4,819 bbl sold (27 days) Revenue to the interest - $810.85Apr 2019 10,766 bbl sold (28 days) Revenue to the interest - $2,001.98May 2019 8,136 bbl sold (19 days) Revenue to the interest - $1,451.18Jun 2019 10,809 bbl sold (30 days) Revenue to the interest - $1,712.26
4 month average including 1 month revenue prior to wells 3, 4,and 5 is $1,494.06 to this interest.
Seller Comments:
Decimal Interest0.00333
Lease NameLippelmann 1-14
Gross BOPD345
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #12.2 ORRI
OperatorELK Energy Holdings LLC
Legal DescriptionNW SE SE NW Sec 14-10S-33W
County & StateThomas, KS
Net Income$5,976.24
(4 mo)
$1,494.06/mo
Oil sales: Jan 2019 4,773 bbl sold (27 days) Feb 2019 4,386 bbl sold (21 days) Mar 2019 4,819 bbl sold (27 days) Revenue to the interest - $810.85Apr 2019 10,766 bbl sold (28 days) Revenue to the interest - $2,001.98May 2019 8,136 bbl sold (19 days) Revenue to the interest - $1,451.18Jun 2019 10,809 bbl sold (30 days) Revenue to the interest - $1,712.26
4 month average including 1 month revenue prior to wells 3, 4,and 5 is $1,494.06 to this interest.
Seller Comments:
Decimal Interest0.00333
Lease NameLippelmann 1-14
Gross BOPD345
Gross MCFD0
Lot #13 ORRI
OperatorC&R Oil
Legal DescriptionNE Sec 14-9S-16W
County & StateRooks, KS
Acres160
Net Income$777.28
(12 mo)
$64.77/mo
Decimal Interest0.0273437
Lease NameBlank
Gross BOPD1.75
Gross MCFD0
Lot #14 ORRI
OperatorPaul Bowman Oil Trust
Legal DescriptionSE Sec 21-10S-20W
County & StateRooks, KS
Acres160
Net Income$2,060.63
(12 mo)
$171.72/mo
Decimal Interest0.0546875
Lease NameP. Keller
Gross BOPD1.67
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #12 ORRI
OperatorELK Energy Holdings LLC
Legal DescriptionNW SE SE NW Sec 14-10S-33W
County & StateThomas, KS
Net Income$5,976.24
(4 mo)
$1,494.06/moSeller Comments: High bidder will have the option to double or triple this lot.
Oil sales: Jan 2019 4,773 bbl sold (27 days) Feb 2019 4,386 bbl sold (21 days) Mar 2019 4,819 bbl sold (27 days) Revenue to the interest - $810.85Apr 2019 10,766 bbl sold (28 days) Revenue to the interest - $2,001.98May 2019 8,136 bbl sold (19 days) Revenue to the interest - $1,451.18Jun 2019 10,809 bbl sold (30 days) Revenue to the interest - $1,712.26
4 month average including 1 month revenue prior to wells 3, 4,and 5 is $1,494.06 to this interest.
Decimal Interest0.00333
Lease NameLippelmann 1-14
Gross BOPD345
Gross MCFD0
Lot #12.1 ORRI
OperatorELK Energy Holdings LLC
Legal DescriptionNW SE SE NW Sec 14-10S-33W
County & StateThomas, KS
Net Income$5,976.24
(4 mo)
$1,494.06/mo
Oil sales: Jan 2019 4,773 bbl sold (27 days) Feb 2019 4,386 bbl sold (21 days) Mar 2019 4,819 bbl sold (27 days) Revenue to the interest - $810.85Apr 2019 10,766 bbl sold (28 days) Revenue to the interest - $2,001.98May 2019 8,136 bbl sold (19 days) Revenue to the interest - $1,451.18Jun 2019 10,809 bbl sold (30 days) Revenue to the interest - $1,712.26
4 month average including 1 month revenue prior to wells 3, 4,and 5 is $1,494.06 to this interest.
Seller Comments:
Decimal Interest0.00333
Lease NameLippelmann 1-14
Gross BOPD345
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #12.2 ORRI
OperatorELK Energy Holdings LLC
Legal DescriptionNW SE SE NW Sec 14-10S-33W
County & StateThomas, KS
Net Income$5,976.24
(4 mo)
$1,494.06/mo
Oil sales: Jan 2019 4,773 bbl sold (27 days) Feb 2019 4,386 bbl sold (21 days) Mar 2019 4,819 bbl sold (27 days) Revenue to the interest - $810.85Apr 2019 10,766 bbl sold (28 days) Revenue to the interest - $2,001.98May 2019 8,136 bbl sold (19 days) Revenue to the interest - $1,451.18Jun 2019 10,809 bbl sold (30 days) Revenue to the interest - $1,712.26
4 month average including 1 month revenue prior to wells 3, 4,and 5 is $1,494.06 to this interest.
Seller Comments:
Decimal Interest0.00333
Lease NameLippelmann 1-14
Gross BOPD345
Gross MCFD0
Lot #13 ORRI
OperatorC&R Oil
Legal DescriptionNE Sec 14-9S-16W
County & StateRooks, KS
Acres160
Net Income$777.28
(12 mo)
$64.77/mo
Decimal Interest0.0273437
Lease NameBlank
Gross BOPD1.75
Gross MCFD0
Lot #14 ORRI
OperatorPaul Bowman Oil Trust
Legal DescriptionSE Sec 21-10S-20W
County & StateRooks, KS
Acres160
Net Income$2,060.63
(12 mo)
$171.72/mo
Decimal Interest0.0546875
Lease NameP. Keller
Gross BOPD1.67
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #15 ORRI
OperatorCarmen Schmitt Inc
Legal DescriptionSE Sec 2-9S-16W
County & StateRooks, KS
Acres160
Net Income$208.55
(12 mo)
$17.38/mo
Decimal Interest0.003418
Lease NameMcFadden A
Gross BOPD3.11
Gross MCFD0
Lot #16 Operated Lease
OperatorMurfin Drilling Co Inc
Legal Description38.880594° -102.300182° SE NE Sec 35-13S-44W 6 PM
County & StateCheyenne, CO
Acres80
GWI0.9125 of WIO have agreed to sell
NRI0.6980625 of the WIO willing to sell
15 hp centrifugal salt water transfer pump. Salt water pumped via flowline to Mull Drilling’s Pelton Heirs C-1 SWD well 4150′ to the NW. Salt water disposal agreement transferable. Two of the steel stock tanks have holes. Only one water tank is in use. Well is being "skimmed", i.e. pump is set high in well bore. Pump could be lowered.
There were two WIO (0.085 WI) that did not consent to sell their WI.
Seller Comments:
Lease NameUPRC 1-35
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1/21/1993 500 141,000N/A4.512/3/1992SalisUPRC 1-35
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
(89) 3/4", (10) 7/8"
40 hp electric
(3) 300 bbl steel stock tanks. (1) FG gun barrel.
CMI 320-213-86
2 1/4" tubing
pump ...
2 7/8" to 2506'
5 1/2", 15# to 5365'2 1/2
8 5/8" to 353'
UPRC 1-35
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #17 ORRI
OperatorPickrell Drilling Co Inc
Legal DescriptionSW Sec 32-19S-20W & W/2 Sec 29-19S-20W
County & StateRush, KS
Acres480
Net Income$1,903.14
(12 mo)
$158.60/mo
Decimal Interest0.0132446
Lease NameDehner
Gross BOPD6.67
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #15 ORRI
OperatorCarmen Schmitt Inc
Legal DescriptionSE Sec 2-9S-16W
County & StateRooks, KS
Acres160
Net Income$208.55
(12 mo)
$17.38/mo
Decimal Interest0.003418
Lease NameMcFadden A
Gross BOPD3.11
Gross MCFD0
Lot #16 Operated Lease
OperatorMurfin Drilling Co Inc
Legal Description38.880594° -102.300182° SE NE Sec 35-13S-44W 6 PM
County & StateCheyenne, CO
Acres80
GWI0.9125 of WIO have agreed to sell
NRI0.6980625 of the WIO willing to sell
15 hp centrifugal salt water transfer pump. Salt water pumped via flowline to Mull Drilling’s Pelton Heirs C-1 SWD well 4150′ to the NW. Salt water disposal agreement transferable. Two of the steel stock tanks have holes. Only one water tank is in use. Well is being "skimmed", i.e. pump is set high in well bore. Pump could be lowered.
There were two WIO (0.085 WI) that did not consent to sell their WI.
Seller Comments:
Lease NameUPRC 1-35
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1/21/1993 500 141,000N/A4.512/3/1992SalisUPRC 1-35
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
(89) 3/4", (10) 7/8"
40 hp electric
(3) 300 bbl steel stock tanks. (1) FG gun barrel.
CMI 320-213-86
2 1/4" tubing
pump ...
2 7/8" to 2506'
5 1/2", 15# to 5365'2 1/2
8 5/8" to 353'
UPRC 1-35
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #17 ORRI
OperatorPickrell Drilling Co Inc
Legal DescriptionSW Sec 32-19S-20W & W/2 Sec 29-19S-20W
County & StateRush, KS
Acres480
Net Income$1,903.14
(12 mo)
$158.60/mo
Decimal Interest0.0132446
Lease NameDehner
Gross BOPD6.67
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #18 Mineral RI
OperatorAlta Mesa Resources
Legal DescriptionNW NW NE NW & NW NE NE NE Sec 13-16N-6W
County & StateKingfisher, OK
Acres2 NMA of the 8.332 Acres; 640 Gross Mineral Acres
Net Income$3,858.64
(12 mo)
$321.55/moSeller Comments: High bidder will have the option to double, triple or quadruple this lot (18.1, 18.2 & 18.3).
Net Monthly Income is $321.55 (not $1,236.57 as stated in the catalog). Calculated at 13 month income = $16,075.36 / 8.332 acres = $1,929.32 / 12 months = $160.78 per acre per month average x 2 Acres = $321.55 Net Monthly Income.
There is 1 Parent HZ well producing which IP’ed first month at 989BOP/D & 3193MCF/D in 2017. Increased Density approved for 6 new wells with 3 wells drilled in April & May 2019 and into completion with production expected soon. Flush checks for the 3 new wells expected in March and April 2020.
Producing Wells: 1 * Bunker Buster 1606 1-13MH -- IP Oil: 989 bbl -- IP Gas: 3193 mcf -- Mississippian Formation -- Year 1 Revenue: $16,075.36 for 8.332 Acres New Wells: 3 Permits Approved 3/25/2019 * Bunker Buster 1606 2-13MH - Spud 4/11/2019 * Bunker Buster 1606 3-13MH - Spud 4/27/2019 * Bunker Buster 1606 4-13MH - Spud 5/6/2019 High Density Drilling: * High Density Approval for 6 wells filed 7/2/2018
Decimal InterestLease Royalty: 0.125Section Interest: 0.00039603
Lease NameKingfisher County Minerals
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #18.1 Mineral RI
OperatorAlta Mesa Resources
Legal DescriptionNW NW NE NW & NW NE NE NE Sec 13-16N-6W
County & StateKingfisher, OK
Acres2 NMA of the 8.332 Acres; 640 Gross Mineral Acres
Net Income$3,858.64
(12 mo)
$321.55/moSeller Comments: Net Monthly Income is $321.55 (not $1,236.57 as stated in the catalog). Calculated at 13 month
income = $16,075.36 / 8.332 acres = $1,929.32 / 12 months = $160.78 per acre per month average x 2 Acres = $321.55 Net Monthly Income.
There is 1 Parent HZ well producing which IP’ed first month at 989BOP/D & 3193MCF/D in 2017. Increased Density approved for 6 new wells with 3 wells drilled in April & May 2019 and into completion with production expected soon. Flush checks for the 3 new wells expected in March and April 2020.
Producing Wells: 1 * Bunker Buster 1606 1-13MH -- IP Oil: 989 bbl -- IP Gas: 3193 mcf -- Mississippian Formation -- Year 1 Revenue: $16,075.36 for 8.332 Acres New Wells: 3 Permits Approved 3/25/2019 * Bunker Buster 1606 2-13MH - Spud 4/11/2019 * Bunker Buster 1606 3-13MH - Spud 4/27/2019 * Bunker Buster 1606 4-13MH - Spud 5/6/2019 High Density Drilling: * High Density Approval for 6 wells filed 7/2/2018
Decimal InterestLease Royalty: 0.125Section Interest: 0.00039603
Lease NameKingfisher County Minerals
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #18 Mineral RI
OperatorAlta Mesa Resources
Legal DescriptionNW NW NE NW & NW NE NE NE Sec 13-16N-6W
County & StateKingfisher, OK
Acres2 NMA of the 8.332 Acres; 640 Gross Mineral Acres
Net Income$3,858.64
(12 mo)
$321.55/moSeller Comments: High bidder will have the option to double, triple or quadruple this lot (18.1, 18.2 & 18.3).
Net Monthly Income is $321.55 (not $1,236.57 as stated in the catalog). Calculated at 13 month income = $16,075.36 / 8.332 acres = $1,929.32 / 12 months = $160.78 per acre per month average x 2 Acres = $321.55 Net Monthly Income.
There is 1 Parent HZ well producing which IP’ed first month at 989BOP/D & 3193MCF/D in 2017. Increased Density approved for 6 new wells with 3 wells drilled in April & May 2019 and into completion with production expected soon. Flush checks for the 3 new wells expected in March and April 2020.
Producing Wells: 1 * Bunker Buster 1606 1-13MH -- IP Oil: 989 bbl -- IP Gas: 3193 mcf -- Mississippian Formation -- Year 1 Revenue: $16,075.36 for 8.332 Acres New Wells: 3 Permits Approved 3/25/2019 * Bunker Buster 1606 2-13MH - Spud 4/11/2019 * Bunker Buster 1606 3-13MH - Spud 4/27/2019 * Bunker Buster 1606 4-13MH - Spud 5/6/2019 High Density Drilling: * High Density Approval for 6 wells filed 7/2/2018
Decimal InterestLease Royalty: 0.125Section Interest: 0.00039603
Lease NameKingfisher County Minerals
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #18.1 Mineral RI
OperatorAlta Mesa Resources
Legal DescriptionNW NW NE NW & NW NE NE NE Sec 13-16N-6W
County & StateKingfisher, OK
Acres2 NMA of the 8.332 Acres; 640 Gross Mineral Acres
Net Income$3,858.64
(12 mo)
$321.55/moSeller Comments: Net Monthly Income is $321.55 (not $1,236.57 as stated in the catalog). Calculated at 13 month
income = $16,075.36 / 8.332 acres = $1,929.32 / 12 months = $160.78 per acre per month average x 2 Acres = $321.55 Net Monthly Income.
There is 1 Parent HZ well producing which IP’ed first month at 989BOP/D & 3193MCF/D in 2017. Increased Density approved for 6 new wells with 3 wells drilled in April & May 2019 and into completion with production expected soon. Flush checks for the 3 new wells expected in March and April 2020.
Producing Wells: 1 * Bunker Buster 1606 1-13MH -- IP Oil: 989 bbl -- IP Gas: 3193 mcf -- Mississippian Formation -- Year 1 Revenue: $16,075.36 for 8.332 Acres New Wells: 3 Permits Approved 3/25/2019 * Bunker Buster 1606 2-13MH - Spud 4/11/2019 * Bunker Buster 1606 3-13MH - Spud 4/27/2019 * Bunker Buster 1606 4-13MH - Spud 5/6/2019 High Density Drilling: * High Density Approval for 6 wells filed 7/2/2018
Decimal InterestLease Royalty: 0.125Section Interest: 0.00039603
Lease NameKingfisher County Minerals
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
ELI Wireline Services, LLC1327 Noose Road
Hays, Kansas (785) 628-6395
www.eliwireline.com
For tax savings call 785-623-0473
Lot #18.2 Mineral RI
OperatorAlta Mesa Resources
Legal DescriptionNW NW NE NW & NW NE NE NE Sec 13-16N-6W
County & StateKingfisher, OK
Acres2 NMA of the 8.332 Acres; 640 Gross Mineral Acres
Net Income$3,858.64
(12 mo)
$321.55/moSeller Comments: Net Monthly Income is $321.55 (not $1,236.57 as stated in the catalog). Calculated at 13 month
income = $16,075.36 / 8.332 acres = $1,929.32 / 12 months = $160.78 per acre per month average x 2 Acres = $321.55 Net Monthly Income.
There is 1 Parent HZ well producing which IP’ed first month at 989BOP/D & 3193MCF/D in 2017. Increased Density approved for 6 new wells with 3 wells drilled in April & May 2019 and into completion with production expected soon. Flush checks for the 3 new wells expected in March and April 2020.
Producing Wells: 1 * Bunker Buster 1606 1-13MH -- IP Oil: 989 bbl -- IP Gas: 3193 mcf -- Mississippian Formation -- Year 1 Revenue: $16,075.36 for 8.332 Acres New Wells: 3 Permits Approved 3/25/2019 * Bunker Buster 1606 2-13MH - Spud 4/11/2019 * Bunker Buster 1606 3-13MH - Spud 4/27/2019 * Bunker Buster 1606 4-13MH - Spud 5/6/2019 High Density Drilling: * High Density Approval for 6 wells filed 7/2/2018
Decimal InterestLease Royalty: 0.125Section Interest: 0.00039603
Lease NameKingfisher County Minerals
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #18.3 Mineral RI
OperatorAlta Mesa Resources
Legal DescriptionNW NW NE NW & NW NE NE NE Sec 13-16N-6W
County & StateKingfisher, OK
Acres2 NMA of the 8.332 Acres; 640 Gross Mineral Acres
Net Income$3,858.64
(12 mo)
$321.55/moSeller Comments: Net Monthly Income is $321.55 (not $1,236.57 as stated in the catalog). Calculated at 13 month
income = $16,075.36 / 8.332 acres = $1,929.32 / 12 months = $160.78 per acre per month average x 2 Acres = $321.55 Net Monthly Income.
There is 1 Parent HZ well producing which IP’ed first month at 989BOP/D & 3193MCF/D in 2017. Increased Density approved for 6 new wells with 3 wells drilled in April & May 2019 and into completion with production expected soon. Flush checks for the 3 new wells expected in March and April 2020.
Producing Wells: 1 * Bunker Buster 1606 1-13MH -- IP Oil: 989 bbl -- IP Gas: 3193 mcf -- Mississippian Formation -- Year 1 Revenue: $16,075.36 for 8.332 Acres New Wells: 3 Permits Approved 3/25/2019 * Bunker Buster 1606 2-13MH - Spud 4/11/2019 * Bunker Buster 1606 3-13MH - Spud 4/27/2019 * Bunker Buster 1606 4-13MH - Spud 5/6/2019 High Density Drilling: * High Density Approval for 6 wells filed 7/2/2018
Decimal InterestLease Royalty: 0.125Section Interest: 0.00039603
Lease NameKingfisher County Minerals
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
James Stephensonemail: [email protected]: www.petrobase.net
Lot #18.2 Mineral RI
OperatorAlta Mesa Resources
Legal DescriptionNW NW NE NW & NW NE NE NE Sec 13-16N-6W
County & StateKingfisher, OK
Acres2 NMA of the 8.332 Acres; 640 Gross Mineral Acres
Net Income$3,858.64
(12 mo)
$321.55/moSeller Comments: Net Monthly Income is $321.55 (not $1,236.57 as stated in the catalog). Calculated at 13 month
income = $16,075.36 / 8.332 acres = $1,929.32 / 12 months = $160.78 per acre per month average x 2 Acres = $321.55 Net Monthly Income.
There is 1 Parent HZ well producing which IP’ed first month at 989BOP/D & 3193MCF/D in 2017. Increased Density approved for 6 new wells with 3 wells drilled in April & May 2019 and into completion with production expected soon. Flush checks for the 3 new wells expected in March and April 2020.
Producing Wells: 1 * Bunker Buster 1606 1-13MH -- IP Oil: 989 bbl -- IP Gas: 3193 mcf -- Mississippian Formation -- Year 1 Revenue: $16,075.36 for 8.332 Acres New Wells: 3 Permits Approved 3/25/2019 * Bunker Buster 1606 2-13MH - Spud 4/11/2019 * Bunker Buster 1606 3-13MH - Spud 4/27/2019 * Bunker Buster 1606 4-13MH - Spud 5/6/2019 High Density Drilling: * High Density Approval for 6 wells filed 7/2/2018
Decimal InterestLease Royalty: 0.125Section Interest: 0.00039603
Lease NameKingfisher County Minerals
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #18.3 Mineral RI
OperatorAlta Mesa Resources
Legal DescriptionNW NW NE NW & NW NE NE NE Sec 13-16N-6W
County & StateKingfisher, OK
Acres2 NMA of the 8.332 Acres; 640 Gross Mineral Acres
Net Income$3,858.64
(12 mo)
$321.55/moSeller Comments: Net Monthly Income is $321.55 (not $1,236.57 as stated in the catalog). Calculated at 13 month
income = $16,075.36 / 8.332 acres = $1,929.32 / 12 months = $160.78 per acre per month average x 2 Acres = $321.55 Net Monthly Income.
There is 1 Parent HZ well producing which IP’ed first month at 989BOP/D & 3193MCF/D in 2017. Increased Density approved for 6 new wells with 3 wells drilled in April & May 2019 and into completion with production expected soon. Flush checks for the 3 new wells expected in March and April 2020.
Producing Wells: 1 * Bunker Buster 1606 1-13MH -- IP Oil: 989 bbl -- IP Gas: 3193 mcf -- Mississippian Formation -- Year 1 Revenue: $16,075.36 for 8.332 Acres New Wells: 3 Permits Approved 3/25/2019 * Bunker Buster 1606 2-13MH - Spud 4/11/2019 * Bunker Buster 1606 3-13MH - Spud 4/27/2019 * Bunker Buster 1606 4-13MH - Spud 5/6/2019 High Density Drilling: * High Density Approval for 6 wells filed 7/2/2018
Decimal InterestLease Royalty: 0.125Section Interest: 0.00039603
Lease NameKingfisher County Minerals
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #19 ORRI
OperatorThomas Garner Inc
Legal DescriptionE/2 Sec 18-25S-13W
County & StateStafford, KS
Acres80
Net Income$1,654.01
(6 mo)
$275.67/moSeller Comments: Successful bidder will have the option to double this lot.
Kansas City Producer with potential Mississippi behind the pipe. Well came in at 25 BOPD in December 2018 and has produced 17 BOPD for the past 30 days.
Production:Dec 2018 Sales - 155.5 bbl - $62.19 RevenueJan 2019 Sales - 969.50 bbl - $430.31 RevenueFeb 2019 Sales - 652.50 bbl - $312.21 RevenueMar 2019 Sales - 481.50 bbl - $244.18 RevenueApr 2019 Sales - 468.50 bbl - $263.30 RevenueMay 2019 Sales - 646.50 bbl - $341.72 Revenue
6 month average production - 3374 bbl or 18.74 per day6 month average income - $1,654.01 or $275.66 per month
Seller owns a 2% orri and is selling 1% in each lot.
Decimal Interest.01
Lease NameMary 1
Gross BOPD17
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #19.1 ORRI
OperatorThomas Garner Inc
Legal DescriptionE/2 Sec 18-25S-13W
County & StateStafford, KS
Acres80
Net Income$1,654.01
(6 mo)
$275.67/mo
Kansas City Producer with potential Mississippi behind the pipe. Well came in at 25 BOPD in December 2018 and has produced 17 BOPD for the past 30 days.
Production:Dec 2018 Sales - 155.5 bbl - $62.19 RevenueJan 2019 Sales - 969.50 bbl - $430.31 RevenueFeb 2019 Sales - 652.50 bbl - $312.21 RevenueMar 2019 Sales - 481.50 bbl - $244.18 RevenueApr 2019 Sales - 468.50 bbl - $263.30 RevenueMay 2019 Sales - 646.50 bbl - $341.72 Revenue
6 month average production - 3374 bbl or 18.74 per day6 month average income - $1,654.01 or $275.66 per month
Seller owns a 2% orri and is selling 1% in each lot.
Seller Comments:
Decimal Interest.01
Lease NameMary 1
Gross BOPD17
Gross MCFD0
Lot #20 Minerals
Legal DescriptionW/2 SE Sec 35-32S-20W
County & StateComanche, KSAcres80 NMA
Comanche County MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Ad Valorem tax specialist Rendition Preparation Tax ProtestOil and Gas Property Appraisals Economic Analysis Estate ReviewFederal and State Compliance SPCC Inspections SPCC Training Right to Know More… www.klhoilandgasconsulting.com
Lot #19 ORRI
OperatorThomas Garner Inc
Legal DescriptionE/2 Sec 18-25S-13W
County & StateStafford, KS
Acres80
Net Income$1,654.01
(6 mo)
$275.67/moSeller Comments: Successful bidder will have the option to double this lot.
Kansas City Producer with potential Mississippi behind the pipe. Well came in at 25 BOPD in December 2018 and has produced 17 BOPD for the past 30 days.
Production:Dec 2018 Sales - 155.5 bbl - $62.19 RevenueJan 2019 Sales - 969.50 bbl - $430.31 RevenueFeb 2019 Sales - 652.50 bbl - $312.21 RevenueMar 2019 Sales - 481.50 bbl - $244.18 RevenueApr 2019 Sales - 468.50 bbl - $263.30 RevenueMay 2019 Sales - 646.50 bbl - $341.72 Revenue
6 month average production - 3374 bbl or 18.74 per day6 month average income - $1,654.01 or $275.66 per month
Seller owns a 2% orri and is selling 1% in each lot.
Decimal Interest.01
Lease NameMary 1
Gross BOPD17
Gross MCFD0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #19.1 ORRI
OperatorThomas Garner Inc
Legal DescriptionE/2 Sec 18-25S-13W
County & StateStafford, KS
Acres80
Net Income$1,654.01
(6 mo)
$275.67/mo
Kansas City Producer with potential Mississippi behind the pipe. Well came in at 25 BOPD in December 2018 and has produced 17 BOPD for the past 30 days.
Production:Dec 2018 Sales - 155.5 bbl - $62.19 RevenueJan 2019 Sales - 969.50 bbl - $430.31 RevenueFeb 2019 Sales - 652.50 bbl - $312.21 RevenueMar 2019 Sales - 481.50 bbl - $244.18 RevenueApr 2019 Sales - 468.50 bbl - $263.30 RevenueMay 2019 Sales - 646.50 bbl - $341.72 Revenue
6 month average production - 3374 bbl or 18.74 per day6 month average income - $1,654.01 or $275.66 per month
Seller owns a 2% orri and is selling 1% in each lot.
Seller Comments:
Decimal Interest.01
Lease NameMary 1
Gross BOPD17
Gross MCFD0
Lot #20 Minerals
Legal DescriptionW/2 SE Sec 35-32S-20W
County & StateComanche, KSAcres80 NMA
Comanche County MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Superior Service throughout the Mid-Continent- 620-872-DIRT
Lot #21 Term Royalty
OperatorMarathon Oil Co
Legal Description50.51 acres of the Karnes County School Land Survey Abstract No 168
County & StateKarnes, TX
Acres0.67
Net Income$5,049.28
(5 mo)
$1,009.86/mo
20 year term royalty expiring on April 13, 2032 (approx 12.75 years from now). Term royalty assignment available under ‘Files’ in data room.
Seller Comments:
Decimal Interest.0020950
Lease NameTurnbull Units G & H
Lot #22 PWI
OperatorGreat Plains Energy
Legal DescriptionNW Sec 32-3S-26W
County & StateDecatur, KS
Acres160
Gross OpEx$298.87
Net Income$340.29
GWI0.01325
NRI0.0106
(11 mo)Gross Income$639.16
(11 mo) (11 mo)
$58.11/mo $27.17/mo $30.94/mo
OIL SALES: 2014 - 4,853 bbl 2015 - 5,386 bbl 2016 - 2,745 bbl 2017 - 1,897 bbl2018 - 1,445 bbl 2019 - 319 bbl (through March)
Seller Comments:
Lease NameRitter 'A' 1-32
Lot #23 ORRI
OperatorGreat Plains Energy
Legal DescriptionNW Sec 32-3S-26W
County & StateDecatur, KS
Acres160
Net Income$527.90
(12 mo)
$43.99/mo
OIL SALES: 2014 - 4,853 bbl 2015 - 5,386 bbl 2016 - 2,745 bbl 2017 - 1,897 bbl2018 - 1,445 bbl 2019 - 319 bbl (through March)
Seller Comments:
Decimal Interest0.00875
Lease NameRitter 'A' 1-32
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #24 PWI
OperatorGreat Plains Energy
Legal DescriptionSW Sec 27-3S-26W
County & StateDecatur, KS
Acres160
Gross OpEx$255.87
Net Income$776.63
GWI0.01325
NRI0.0106
(11 mo)Gross Income$1,032.50
(11 mo) (11 mo)
$93.86/mo $23.26/mo $70.60/mo
OIL SALES: 2017 - 1,773 bbl 2018 - 2,144 bbl 2019 - 494 bbl (through March)Seller Comments:
Lease NameEvelyn 'A' 1-27
Lot #25 ORRI
OperatorGreat Plains Energy
Legal DescriptionSW Sec 27-3S-26W
County & StateDecatur, KS
Acres160
Net Income$919.31
(12 mo)
$76.61/mo
OIL SALES: 2017 - 1,773 bbl 2018 - 2,144 bbl 2019 - 494 bbl (through March)Seller Comments:
Decimal Interest0.00875
Lease NameEvelyn ‘A’ 1-27
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #21 Term Royalty
OperatorMarathon Oil Co
Legal Description50.51 acres of the Karnes County School Land Survey Abstract No 168
County & StateKarnes, TX
Acres0.67
Net Income$5,049.28
(5 mo)
$1,009.86/mo
20 year term royalty expiring on April 13, 2032 (approx 12.75 years from now). Term royalty assignment available under ‘Files’ in data room.
Seller Comments:
Decimal Interest.0020950
Lease NameTurnbull Units G & H
Lot #22 PWI
OperatorGreat Plains Energy
Legal DescriptionNW Sec 32-3S-26W
County & StateDecatur, KS
Acres160
Gross OpEx$298.87
Net Income$340.29
GWI0.01325
NRI0.0106
(11 mo)Gross Income$639.16
(11 mo) (11 mo)
$58.11/mo $27.17/mo $30.94/mo
OIL SALES: 2014 - 4,853 bbl 2015 - 5,386 bbl 2016 - 2,745 bbl 2017 - 1,897 bbl2018 - 1,445 bbl 2019 - 319 bbl (through March)
Seller Comments:
Lease NameRitter 'A' 1-32
Lot #23 ORRI
OperatorGreat Plains Energy
Legal DescriptionNW Sec 32-3S-26W
County & StateDecatur, KS
Acres160
Net Income$527.90
(12 mo)
$43.99/mo
OIL SALES: 2014 - 4,853 bbl 2015 - 5,386 bbl 2016 - 2,745 bbl 2017 - 1,897 bbl2018 - 1,445 bbl 2019 - 319 bbl (through March)
Seller Comments:
Decimal Interest0.00875
Lease NameRitter 'A' 1-32
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #24 PWI
OperatorGreat Plains Energy
Legal DescriptionSW Sec 27-3S-26W
County & StateDecatur, KS
Acres160
Gross OpEx$255.87
Net Income$776.63
GWI0.01325
NRI0.0106
(11 mo)Gross Income$1,032.50
(11 mo) (11 mo)
$93.86/mo $23.26/mo $70.60/mo
OIL SALES: 2017 - 1,773 bbl 2018 - 2,144 bbl 2019 - 494 bbl (through March)Seller Comments:
Lease NameEvelyn 'A' 1-27
Lot #25 ORRI
OperatorGreat Plains Energy
Legal DescriptionSW Sec 27-3S-26W
County & StateDecatur, KS
Acres160
Net Income$919.31
(12 mo)
$76.61/mo
OIL SALES: 2017 - 1,773 bbl 2018 - 2,144 bbl 2019 - 494 bbl (through March)Seller Comments:
Decimal Interest0.00875
Lease NameEvelyn ‘A’ 1-27
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #26 ORRI
OperatorXTO Energy Inc
Legal DescriptionSE NW Sec 21-22N-11W
County & StateMajor, OK
Acres40
Net Income$2,932.44
(13 mo)
$225.57/mo
Production:2018 – sold 7,656 BBL2018 – sold 11,016 MCF1-19 488 BBL / 863 MCF2-19 489 BBL / 790 MCF3-19 157 BBL / 884 MCF4-19 477.75 BBL / 823 mcf gas sold off the 21-64-19 222.60 BBL oil sold off the 21-5
Seller Comments:
Decimal Interest.00585900
Lease NameMCU 21-6
OperatorXTO Energy Inc
Legal DescriptionSE NW Sec 21-22N-11W
County & StateMajor, OK
Acres40
Net Income$366.92
(12 mo)
$30.58/mo
Production:2018 – sold 1,416 BBL2018 – sold 1,668 MCF1-19 162 BBL / 1,712 MCF2-19 156 BBL / 1,562 MCF
Seller Comments:
Decimal Interest.00585900
Lease NameUnit 21 - 1,2,3,4,5 (Driscol)
Total Lot Net Monthly Income: $256.15
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #27 Operated Lease
OperatorGrand Mesa Operating Co
Legal DescriptionSW & W/2 SE Sec 9-18S-24W
County & StateNess, KS
Acres240
GWI100%
NRI82.5%
Water is disposed into the Gantz SWD operated by Carmen Schmidt - $250/month.Seller Comments:
Lease NameWells 1-9
Gross BOPD1.5
Gross BWPD262
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
Jun 2004 2621.5Jun 2004Wells 1-9
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
3/4" Electric motor
2-WSST (200 bbl); 1-GB (210 bbl); 1-
SWT (200 bbl)
National API 114
2"2 7/8" @ 4,370'
5 1/2" 14 lb/ft @ 4,429'
8 5/8" 20 lb/ft @ 219'
Wells 1-9
Lot #27.1 ORRI
OperatorGrand Mesa Operating Co
Legal DescriptionSW & W/2 SE Sec 9-18S-24W
County & StateNess, KS
Acres240
Net Income$857.92
(12 mo)
$71.49/mo
Water is disposed into the Gantz SWD operated by Carmen Schmidt - $250/month.Seller Comments:
Decimal Interest0.0195
Lease NameWells 1-9
Gross BOPD1.5
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #26 ORRI
OperatorXTO Energy Inc
Legal DescriptionSE NW Sec 21-22N-11W
County & StateMajor, OK
Acres40
Net Income$2,932.44
(13 mo)
$225.57/mo
Production:2018 – sold 7,656 BBL2018 – sold 11,016 MCF1-19 488 BBL / 863 MCF2-19 489 BBL / 790 MCF3-19 157 BBL / 884 MCF4-19 477.75 BBL / 823 mcf gas sold off the 21-64-19 222.60 BBL oil sold off the 21-5
Seller Comments:
Decimal Interest.00585900
Lease NameMCU 21-6
OperatorXTO Energy Inc
Legal DescriptionSE NW Sec 21-22N-11W
County & StateMajor, OK
Acres40
Net Income$366.92
(12 mo)
$30.58/mo
Production:2018 – sold 1,416 BBL2018 – sold 1,668 MCF1-19 162 BBL / 1,712 MCF2-19 156 BBL / 1,562 MCF
Seller Comments:
Decimal Interest.00585900
Lease NameUnit 21 - 1,2,3,4,5 (Driscol)
Total Lot Net Monthly Income: $256.15
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #27 Operated Lease
OperatorGrand Mesa Operating Co
Legal DescriptionSW & W/2 SE Sec 9-18S-24W
County & StateNess, KS
Acres240
GWI100%
NRI82.5%
Water is disposed into the Gantz SWD operated by Carmen Schmidt - $250/month.Seller Comments:
Lease NameWells 1-9
Gross BOPD1.5
Gross BWPD262
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
Jun 2004 2621.5Jun 2004Wells 1-9
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
3/4" Electric motor
2-WSST (200 bbl); 1-GB (210 bbl); 1-
SWT (200 bbl)
National API 114
2"2 7/8" @ 4,370'
5 1/2" 14 lb/ft @ 4,429'
8 5/8" 20 lb/ft @ 219'
Wells 1-9
Lot #27.1 ORRI
OperatorGrand Mesa Operating Co
Legal DescriptionSW & W/2 SE Sec 9-18S-24W
County & StateNess, KS
Acres240
Net Income$857.92
(12 mo)
$71.49/mo
Water is disposed into the Gantz SWD operated by Carmen Schmidt - $250/month.Seller Comments:
Decimal Interest0.0195
Lease NameWells 1-9
Gross BOPD1.5
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Elite Oil & Gas Explorer Since 1969- 316-799-1000Office: (913) 837 - 4100 Fax: 1(913) 837 - 2241
[email protected]@dbdoil.com
Lot #28 Operated Lease
OperatorGrand Mesa Operating Co
Legal DescriptionNE Sec 20-16S-23W
County & StateNess, KS
Acres160
GWI100%
NRI82.5%
Water is disposed by pipeline into the HSS #1-22 SWD, operated by Mull Drilling Co., cost of $0.15/barrel.
Seller Comments:
Lease NameSargent 1-20
Gross BOPD1.0
Gross BWPD64
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
Oct 2005 641.0Sep 2005Sargent 1-20
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
7/8" & 3/4" Electric Motor
2-WSST (200 bbl); 1-GB (210 bbl); 1-
SWT (200 bbl)
Parkersburg API 114
1 1/2"2 7/8 @ 4,600'
5 1/2" 14 lb/ft @ 4,635'
8 5/8" 24 lb/ft @220'
Sargent 1-20
Lot #28.1 ORRI
OperatorGrand Mesa Operating Co
Legal DescriptionNE Sec 20-16S-23W
County & StateNess, KS
Acres160
Net Income$135.68
(12 mo)
$11.31/mo
Water is disposed by pipeline into the HSS #1-22 SWD, operated by Mull Drilling Co., cost of $0.15/barrel.
Seller Comments:
Decimal Interest0.0195
Lease NameSargent 1-20
Gross BOPD1.0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #29 Operated Lease
OperatorTrans Pacific Oil Corp
Legal DescriptionNW Sec 16-19S-5E
County & StateMarion, KS
Acres160
GWI100%
NRI84.023500%
The Marion county assets (Bowers, Heise, Hobein, Honska, Oyer and Lehmann) will be sold no reserve and will sell together as one lot. It is 1520 acres of leasehold. Said lease has been unitized and consolidated with other lands for the purpose of producing gas.
Seller Comments:
Lease NameBowers
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction126,079 mcf9/13/62 0 0shut-in07/23/62Mississippian1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
7'x2' 125#Briggs 16 h.p.
FG 200 bbl SWTEmsco 57 44" stroke
1
OperatorTrans Pacific Oil Corp
Legal DescriptionNE Sec 5-19S-5E
County & StateMarion, KS
Acres160
GWI100%
NRI84.023500%
Said lease has been unitized and consolidated with other land for the purpose of producing gas by Declaration of Unitized Operations dated July 16, 1962 and recorded in Book M136 at Page 49.
Seller Comments:
Lease NameHeise
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,276,399
mcf9/13/62 8 01507/8/62Mississippian1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
R-W oilfield
30"x10'...
90 jts 3/4" rods
FM 208 8" sheave
FG KBK 12x10 200 bbl oper. netted
Lufkin 57 42" stroke
2x1.5x871 jts 2-3/8"1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Serving North America with Premier Customer Service-785-743-6774
Lot #28 Operated Lease
OperatorGrand Mesa Operating Co
Legal DescriptionNE Sec 20-16S-23W
County & StateNess, KS
Acres160
GWI100%
NRI82.5%
Water is disposed by pipeline into the HSS #1-22 SWD, operated by Mull Drilling Co., cost of $0.15/barrel.
Seller Comments:
Lease NameSargent 1-20
Gross BOPD1.0
Gross BWPD64
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
Oct 2005 641.0Sep 2005Sargent 1-20
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
7/8" & 3/4" Electric Motor
2-WSST (200 bbl); 1-GB (210 bbl); 1-
SWT (200 bbl)
Parkersburg API 114
1 1/2"2 7/8 @ 4,600'
5 1/2" 14 lb/ft @ 4,635'
8 5/8" 24 lb/ft @220'
Sargent 1-20
Lot #28.1 ORRI
OperatorGrand Mesa Operating Co
Legal DescriptionNE Sec 20-16S-23W
County & StateNess, KS
Acres160
Net Income$135.68
(12 mo)
$11.31/mo
Water is disposed by pipeline into the HSS #1-22 SWD, operated by Mull Drilling Co., cost of $0.15/barrel.
Seller Comments:
Decimal Interest0.0195
Lease NameSargent 1-20
Gross BOPD1.0
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #29 Operated Lease
OperatorTrans Pacific Oil Corp
Legal DescriptionNW Sec 16-19S-5E
County & StateMarion, KS
Acres160
GWI100%
NRI84.023500%
The Marion county assets (Bowers, Heise, Hobein, Honska, Oyer and Lehmann) will be sold no reserve and will sell together as one lot. It is 1520 acres of leasehold. Said lease has been unitized and consolidated with other lands for the purpose of producing gas.
Seller Comments:
Lease NameBowers
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction126,079 mcf9/13/62 0 0shut-in07/23/62Mississippian1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
7'x2' 125#Briggs 16 h.p.
FG 200 bbl SWTEmsco 57 44" stroke
1
OperatorTrans Pacific Oil Corp
Legal DescriptionNE Sec 5-19S-5E
County & StateMarion, KS
Acres160
GWI100%
NRI84.023500%
Said lease has been unitized and consolidated with other land for the purpose of producing gas by Declaration of Unitized Operations dated July 16, 1962 and recorded in Book M136 at Page 49.
Seller Comments:
Lease NameHeise
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,276,399
mcf9/13/62 8 01507/8/62Mississippian1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
R-W oilfield
30"x10'...
90 jts 3/4" rods
FM 208 8" sheave
FG KBK 12x10 200 bbl oper. netted
Lufkin 57 42" stroke
2x1.5x871 jts 2-3/8"1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorTrans Pacific Oil Corp
Legal DescriptionSW Sec 5-19S-5E, NW Sec 8, NE Sec 17
County & StateMarion, KS
Acres480
GWI100%
NRI84.023500%
Said leases have been unitized and consolidated with other lands for the purpose of producing gas.Seller Comments:
Lease NameHobein
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction1,383,307
mcf9/13/62 0 02507/8/62MississippianLehmann-
Hobien Unit 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
National 30"x13' 125# …
89 jts 3/4" Continental 66 9"
sheave …
McDonald 12x10 200 bbl closed
SWT
Churchill 50 36" stroke
2x1.5" pump x
10 HVR …
72 jts 2-3/8"Lehmann-Hobien
Unit 1
OperatorTrans Pacific Oil Corp
Legal DescriptionNE Sec 8-19S-5E
County & StateMarion, KS
Acres160
GWI100%
NRI84.023500%
Said lease has been unitized and consolidated with other lands for the purpose of producing gas.Seller Comments:
Lease NameHonska
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,024,098
mcf5/5/61 0 02003/11/61Mississippian#1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
Bremco 30"x10' vertical
88 jts 3/4" FM 208 8" sheave no
timer
McDonald 12x10 200 bbl closed
SWT
Cabot 57 42" stroke
2x1.5x871 jts 2-3/8"#1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorTrans Pacific Oil Corp
Legal DescriptionS/2 Sec 8-19S-5E
County & StateMarion, KS
Acres320
GWI100%
NRI84.023500%
Lease NameOyer
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction958,128 mcf9/16/62 0 0807/29/62MississippianOyer-Henry
Hobein Unit 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
91 jts 3/4" FM 208 10" sheave
FG KBK 12x10 200 bbl oper. netted
SWT
Lufkin 50 44" stroke
2x1.5x10 HT 12" GA
73 jts 2-3/8"Oyer-Henry
Hobein Unit 1
OperatorTrans Pacific Oil Corp
Legal DescriptionN/2 NW & SE Sec 5-19S-5E
County & StateMarion, KS
Acres240
GWI100%
NRI84.023500%
Said lease has been unitized and consolidated with other lands for the purpose of producing gas.Seller Comments:
Lease NameLehmann
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,257,148
mcf9/13/62 3 01207/13/62MississippianHeise-Lehmann-
Stenzel 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
30" x10' 250#
vertical
88 jts 3/4" FM 208 8"sheave no timer
KBK FG 12x10 200 bbl oper SWT
Emsco 57 44" stroke
2x1.5x10 Johnson Fagg RWT
71 jts 2-3/8"Heise-Lehmann-Stenzel
1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
ELI Wireline Services, LLC1327 Noose Road
Hays, Kansas (785) 628-6395
www.eliwireline.com
OperatorTrans Pacific Oil Corp
Legal DescriptionSW Sec 5-19S-5E, NW Sec 8, NE Sec 17
County & StateMarion, KS
Acres480
GWI100%
NRI84.023500%
Said leases have been unitized and consolidated with other lands for the purpose of producing gas.Seller Comments:
Lease NameHobein
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction1,383,307
mcf9/13/62 0 02507/8/62MississippianLehmann-
Hobien Unit 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
National 30"x13' 125# …
89 jts 3/4" Continental 66 9"
sheave …
McDonald 12x10 200 bbl closed
SWT
Churchill 50 36" stroke
2x1.5" pump x
10 HVR …
72 jts 2-3/8"Lehmann-Hobien
Unit 1
OperatorTrans Pacific Oil Corp
Legal DescriptionNE Sec 8-19S-5E
County & StateMarion, KS
Acres160
GWI100%
NRI84.023500%
Said lease has been unitized and consolidated with other lands for the purpose of producing gas.Seller Comments:
Lease NameHonska
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,024,098
mcf5/5/61 0 02003/11/61Mississippian#1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
Bremco 30"x10' vertical
88 jts 3/4" FM 208 8" sheave no
timer
McDonald 12x10 200 bbl closed
SWT
Cabot 57 42" stroke
2x1.5x871 jts 2-3/8"#1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorTrans Pacific Oil Corp
Legal DescriptionS/2 Sec 8-19S-5E
County & StateMarion, KS
Acres320
GWI100%
NRI84.023500%
Lease NameOyer
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction958,128 mcf9/16/62 0 0807/29/62MississippianOyer-Henry
Hobein Unit 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
91 jts 3/4" FM 208 10" sheave
FG KBK 12x10 200 bbl oper. netted
SWT
Lufkin 50 44" stroke
2x1.5x10 HT 12" GA
73 jts 2-3/8"Oyer-Henry
Hobein Unit 1
OperatorTrans Pacific Oil Corp
Legal DescriptionN/2 NW & SE Sec 5-19S-5E
County & StateMarion, KS
Acres240
GWI100%
NRI84.023500%
Said lease has been unitized and consolidated with other lands for the purpose of producing gas.Seller Comments:
Lease NameLehmann
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,257,148
mcf9/13/62 3 01207/13/62MississippianHeise-Lehmann-
Stenzel 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
30" x10' 250#
vertical
88 jts 3/4" FM 208 8"sheave no timer
KBK FG 12x10 200 bbl oper SWT
Emsco 57 44" stroke
2x1.5x10 Johnson Fagg RWT
71 jts 2-3/8"Heise-Lehmann-Stenzel
1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
James Stephensonemail: [email protected]: www.petrobase.net
Lot #30 Operated Lease
OperatorBecker Oil Corp
Legal DescriptionNW NW Sec 18-25N-2E
County & StateKay, OK
Acres40 +/-
Gross OpEx$7,188.73
Net Income$8,507.87
GWI100%
NRI.812500
(5 mo)Gross Income$15,696.60
(5 mo) (5 mo)
$3,139.32/mo $1,437.75/mo $1,701.57/mo
The Standsblack, Big Goose and Steichen assets all sell together as one lot.
SW goes to Ceja $175/month + .15/bbl.
PRODUCTION:Jan - 52 bblFeb - 47 bblMar - 48 bblApr - 50 bblMay - 47 bbl
Seller Comments:
Lease NameStandsblack
Gross BOPD1.69
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
05/1962 21 239,4121.6904/18/1962Mississippi ChatStandsblack #1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
SWT3/4" 3875' Electric 4x20 trenton; 10x15 fiberglass; 2-12'x10' steel …
National 1142" x 1-1/4" x 11'
2-3/8" 3922'5-1/2" @ 3912; 4-1/2" liner @ 3766'
8-5/8 @ 145"
Standsblack #1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorBecker Oil Corp
Legal DescriptionNW Sec 7-25N-2E
County & StateKay, OK
Gross OpEx$19,538.95
Net Income$15,911.44
GWI100%
NRI.8514332
(5 mo)Gross Income$35,450.39
(5 mo) (5 mo)
$7,090.08/mo $3,907.79/mo $3,182.29/mo
Right of way for SW line $800/yr. SW to Ceja $350/month + .15/bbl
PRODUCTION:Jan - 122 bblFeb - 104 bblMar - 100 bblApr - 158 bblMay - 180 bbl
Changed #1 pump 4-15-19
Seller Comments:
Lease NameBig Goose
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
12/1965 39 338,78111/21/1965Mississippi ChatBig Goose #1
12/1985 39 338,78111/12/1985Mississippi ChatBig Goose #3
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
4x20 treater
45-5/8"; 107-3/4"
Electric 20 hp
3-10x15 steelLufkin 1142 x 1-1/2 x 12'
2-3/8" 122 jts 3870'
4-1/2" @ 3871'; 3-1/2"
liner
8-5/8 @ 162"
Big Goose #1
3/4-149 C-66Lufkin 572 x 1-1/2 x 12'
2-3/8" 122 jts 3795'
5-1/2" @ 3817'
8-5/8 @ 306"
Big Goose #3
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #30 Operated Lease
OperatorBecker Oil Corp
Legal DescriptionNW NW Sec 18-25N-2E
County & StateKay, OK
Acres40 +/-
Gross OpEx$7,188.73
Net Income$8,507.87
GWI100%
NRI.812500
(5 mo)Gross Income$15,696.60
(5 mo) (5 mo)
$3,139.32/mo $1,437.75/mo $1,701.57/mo
The Standsblack, Big Goose and Steichen assets all sell together as one lot.
SW goes to Ceja $175/month + .15/bbl.
PRODUCTION:Jan - 52 bblFeb - 47 bblMar - 48 bblApr - 50 bblMay - 47 bbl
Seller Comments:
Lease NameStandsblack
Gross BOPD1.69
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
05/1962 21 239,4121.6904/18/1962Mississippi ChatStandsblack #1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
SWT3/4" 3875' Electric 4x20 trenton; 10x15 fiberglass; 2-12'x10' steel …
National 1142" x 1-1/4" x 11'
2-3/8" 3922'5-1/2" @ 3912; 4-1/2" liner @ 3766'
8-5/8 @ 145"
Standsblack #1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorBecker Oil Corp
Legal DescriptionNW Sec 7-25N-2E
County & StateKay, OK
Gross OpEx$19,538.95
Net Income$15,911.44
GWI100%
NRI.8514332
(5 mo)Gross Income$35,450.39
(5 mo) (5 mo)
$7,090.08/mo $3,907.79/mo $3,182.29/mo
Right of way for SW line $800/yr. SW to Ceja $350/month + .15/bbl
PRODUCTION:Jan - 122 bblFeb - 104 bblMar - 100 bblApr - 158 bblMay - 180 bbl
Changed #1 pump 4-15-19
Seller Comments:
Lease NameBig Goose
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
12/1965 39 338,78111/21/1965Mississippi ChatBig Goose #1
12/1985 39 338,78111/12/1985Mississippi ChatBig Goose #3
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
4x20 treater
45-5/8"; 107-3/4"
Electric 20 hp
3-10x15 steelLufkin 1142 x 1-1/2 x 12'
2-3/8" 122 jts 3870'
4-1/2" @ 3871'; 3-1/2"
liner
8-5/8 @ 162"
Big Goose #1
3/4-149 C-66Lufkin 572 x 1-1/2 x 12'
2-3/8" 122 jts 3795'
5-1/2" @ 3817'
8-5/8 @ 306"
Big Goose #3
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorBecker Oil Corp
Legal DescriptionNE Sec 13-25N-1E
County & StateKay, OK
Gross OpEx$6,089.76
Net Income$3,576.19
GWI100%
NRI.830730
(5 mo)Gross Income$9,665.95
(5 mo) (5 mo)
$1,933.19/mo $1,217.95/mo $715.24/mo
Right of way for SW line $480/yr. SW to Ceje $175/month + .15/bbl
PRODUCTION:Jan - 39 bblFeb - 35 bblMar - 39 bblApr - 33 bblMay - 36 bbl
Seller Comments:
Lease NameSteichen
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
9/1962 31 401,0038/13/1962Mississippi ChatSteichen #1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
4x20 treater
74-5/8"; 81-3/4
C-66 3-10x15 steelAmerican 802 x 1-1/2 x 12'
2-3/8 130 jts 3962'
5-1/2" @ 3951'
8-5/8 155'Steichen #1
Total Lot Net Monthly Income: $5,599.10
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #31 Operated Lease
OperatorMurfin Drilling Co Inc
Legal DescriptionNW Sec 3-9S-27W
County & StateSheridan, KS
Acres160
Gross OpEx$20,816.78
Net Income$22,561.04
GWI1.00
NRI0.82031240
(12 mo)Gross Income$43,377.82
(12 mo) (12 mo)
$3,614.82/mo $1,734.73/mo $1,880.09/mo
The #7 well has been TA’d since November 2016 but tubing job just performed in early July 2019 and returned to production. The #7 well is still pumping the fluid level down on the backside.
Seller Comments:
Lease NameMosier A
Gross BOPD2.65
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
12/28/198111/27/1981Cedar Hills2 SWD
6/26/1983 327N/A2.46/17/1983LKC3
7/10/19846/16/1984Toronto & LKC7
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
2-3/8" fiberglass @ 1791'
5-1/2" @ 4359'
8-5/8" @ 271'
2 SWD
10' x 15' FGGB
75 jts 7/8"; 76 jts 3/4"
50 hp motor
4 - 12' x 10' WSST, one is bad, 1 - 12'
x 10' FG
114 American w/160 gearbox
2-1/2 x 2 x 12'
2-7/8" @ 3823'
5-1/2" @ 4050'
8-5/8" @ 288'
3
75 jts 7/8"; 76 jts 3/4"
30 hp motor
114 Sentry2-1/2 x 2 x 14'
2-7/8" @ 3796'
5-1/2" @ 4039'
8-5/8" @ 255'
7
Lot #32 Open Minerals
Legal DescriptionSec 27-04N-03E
County & StateGarvin, OKAcres2.14285 NMA
2.14285 NMA of OPEN MineralsSeller Comments:
Garvin County MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorBecker Oil Corp
Legal DescriptionNE Sec 13-25N-1E
County & StateKay, OK
Gross OpEx$6,089.76
Net Income$3,576.19
GWI100%
NRI.830730
(5 mo)Gross Income$9,665.95
(5 mo) (5 mo)
$1,933.19/mo $1,217.95/mo $715.24/mo
Right of way for SW line $480/yr. SW to Ceje $175/month + .15/bbl
PRODUCTION:Jan - 39 bblFeb - 35 bblMar - 39 bblApr - 33 bblMay - 36 bbl
Seller Comments:
Lease NameSteichen
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
9/1962 31 401,0038/13/1962Mississippi ChatSteichen #1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
4x20 treater
74-5/8"; 81-3/4
C-66 3-10x15 steelAmerican 802 x 1-1/2 x 12'
2-3/8 130 jts 3962'
5-1/2" @ 3951'
8-5/8 155'Steichen #1
Total Lot Net Monthly Income: $5,599.10
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #31 Operated Lease
OperatorMurfin Drilling Co Inc
Legal DescriptionNW Sec 3-9S-27W
County & StateSheridan, KS
Acres160
Gross OpEx$20,816.78
Net Income$22,561.04
GWI1.00
NRI0.82031240
(12 mo)Gross Income$43,377.82
(12 mo) (12 mo)
$3,614.82/mo $1,734.73/mo $1,880.09/mo
The #7 well has been TA’d since November 2016 but tubing job just performed in early July 2019 and returned to production. The #7 well is still pumping the fluid level down on the backside.
Seller Comments:
Lease NameMosier A
Gross BOPD2.65
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
12/28/198111/27/1981Cedar Hills2 SWD
6/26/1983 327N/A2.46/17/1983LKC3
7/10/19846/16/1984Toronto & LKC7
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
2-3/8" fiberglass @ 1791'
5-1/2" @ 4359'
8-5/8" @ 271'
2 SWD
10' x 15' FGGB
75 jts 7/8"; 76 jts 3/4"
50 hp motor
4 - 12' x 10' WSST, one is bad, 1 - 12'
x 10' FG
114 American w/160 gearbox
2-1/2 x 2 x 12'
2-7/8" @ 3823'
5-1/2" @ 4050'
8-5/8" @ 288'
3
75 jts 7/8"; 76 jts 3/4"
30 hp motor
114 Sentry2-1/2 x 2 x 14'
2-7/8" @ 3796'
5-1/2" @ 4039'
8-5/8" @ 255'
7
Lot #32 Open Minerals
Legal DescriptionSec 27-04N-03E
County & StateGarvin, OKAcres2.14285 NMA
2.14285 NMA of OPEN MineralsSeller Comments:
Garvin County MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #33 Open Minerals
Legal DescriptionSee data room
County & StateDelta and Hopkins, TXAcres5.35714 NMA
5.35714 NMA of OPEN MineralsSeller Comments:
Delta and Hopkins County Lease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #34 Mineral RI
OperatorDevon Energy Corp
Legal DescriptionSec 06-14N-9W & Sec 07-14N-9W
County & StateCanadian, OK
Acres2 NMA of the 8.15 Acres - 1269.14 gross acres
Seller Comments: High bidder will have the option to double, triple or quadruple this lot (34.1, 34.2 & 34.3). #Acres changed to 2 NMA of the 8.15 Acres - 1269.14 gross acres. Decimal interest changed to Section Interest: .0019698.
There is 1 Parent HZ well producing which IP’ed at ~910BOE/D in 2012. Increased Density was approved for 9 new HZ wells with 7 online and selling Oil in April 2019 with Flush Checks for the 7 new wells expected by September 2019.Producing Wells: 1 * ALIG 18-07-14-9 -- IP: 910 BOE (~1 Mile Lateral)New Wells: 7 Permits Approved on 9/7-17/2018 * ML 6_7-14N-9W 4HX (WOODFORD) Spud 9/16/18 * ML 6_7-14N-9W 5HX (MISSISSIPPIAN) Spud 10/31/18 * ML 6_7-14N-9W 6HX (WOODFORD) Spud 10/17/18 * ML 6_7-14N-9W 7HX (MISSISSIPPIAN) Spud 9/21/18 * ML 6_7-14N-9W 9HX (WOODFORD) Spud 11/22/18 * ML 6_7-14N-9W 10HX (MISSISSIPPIAN) Spud 10/17/18 * ML 6_7-14N-9W 11HX (WOODFORD) Spud 11/15/18 -- Revenue expected to begin on 7 new wells in Sept-Oct ‘19 High Density Drilling: * Increased Density Approval for 9 wells filed 8/14/2018API: 017-25267, 017-25273, 017-25274, 017-25271, 017-25276, 017-25272, 017-25275.
Decimal InterestLease Royalty: 1/8 (12.5%)Section Interest: .0019698
Lease NameCanadian ML6
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Ad Valorem tax specialist Rendition Preparation Tax ProtestOil and Gas Property Appraisals Economic Analysis Estate ReviewFederal and State Compliance SPCC Inspections SPCC Training Right to Know More… www.klhoilandgasconsulting.com
Lot #33 Open Minerals
Legal DescriptionSee data room
County & StateDelta and Hopkins, TXAcres5.35714 NMA
5.35714 NMA of OPEN MineralsSeller Comments:
Delta and Hopkins County Lease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #34 Mineral RI
OperatorDevon Energy Corp
Legal DescriptionSec 06-14N-9W & Sec 07-14N-9W
County & StateCanadian, OK
Acres2 NMA of the 8.15 Acres - 1269.14 gross acres
Seller Comments: High bidder will have the option to double, triple or quadruple this lot (34.1, 34.2 & 34.3). #Acres changed to 2 NMA of the 8.15 Acres - 1269.14 gross acres. Decimal interest changed to Section Interest: .0019698.
There is 1 Parent HZ well producing which IP’ed at ~910BOE/D in 2012. Increased Density was approved for 9 new HZ wells with 7 online and selling Oil in April 2019 with Flush Checks for the 7 new wells expected by September 2019.Producing Wells: 1 * ALIG 18-07-14-9 -- IP: 910 BOE (~1 Mile Lateral)New Wells: 7 Permits Approved on 9/7-17/2018 * ML 6_7-14N-9W 4HX (WOODFORD) Spud 9/16/18 * ML 6_7-14N-9W 5HX (MISSISSIPPIAN) Spud 10/31/18 * ML 6_7-14N-9W 6HX (WOODFORD) Spud 10/17/18 * ML 6_7-14N-9W 7HX (MISSISSIPPIAN) Spud 9/21/18 * ML 6_7-14N-9W 9HX (WOODFORD) Spud 11/22/18 * ML 6_7-14N-9W 10HX (MISSISSIPPIAN) Spud 10/17/18 * ML 6_7-14N-9W 11HX (WOODFORD) Spud 11/15/18 -- Revenue expected to begin on 7 new wells in Sept-Oct ‘19 High Density Drilling: * Increased Density Approval for 9 wells filed 8/14/2018API: 017-25267, 017-25273, 017-25274, 017-25271, 017-25276, 017-25272, 017-25275.
Decimal InterestLease Royalty: 1/8 (12.5%)Section Interest: .0019698
Lease NameCanadian ML6
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #34.1 Mineral RI
OperatorDevon Energy Corp
Legal DescriptionSec 06-14N-9W & Sec 07-14N-9W
County & StateCanadian, OK
Acres2 NMA of the 8.15 Acres - 1269.14 gross acres
Seller Comments: #Acres changed to 2 NMA of the 8.15 Acres - 1269.14 gross acres. Decimal interest changed to Section Interest: .0019698.
There is 1 Parent HZ well producing which IP’ed at ~910BOE/D in 2012. Increased Density was approved for 9 new HZ wells with 7 online and selling Oil in April 2019 with Flush Checks for the 7 new wells expected by September 2019.Producing Wells: 1 * ALIG 18-07-14-9 -- IP: 910 BOE (~1 Mile Lateral)New Wells: 7 Permits Approved on 9/7-17/2018 * ML 6_7-14N-9W 4HX (WOODFORD) Spud 9/16/18 * ML 6_7-14N-9W 5HX (MISSISSIPPIAN) Spud 10/31/18 * ML 6_7-14N-9W 6HX (WOODFORD) Spud 10/17/18 * ML 6_7-14N-9W 7HX (MISSISSIPPIAN) Spud 9/21/18 * ML 6_7-14N-9W 9HX (WOODFORD) Spud 11/22/18 * ML 6_7-14N-9W 10HX (MISSISSIPPIAN) Spud 10/17/18 * ML 6_7-14N-9W 11HX (WOODFORD) Spud 11/15/18 -- Revenue expected to begin on 7 new wells in Sept-Oct ‘19 High Density Drilling: * Increased Density Approval for 9 wells filed 8/14/2018API: 017-25267, 017-25273, 017-25274, 017-25271, 017-25276, 017-25272, 017-25275.
Decimal InterestLease Royalty: 1/8 (12.5%)Section Interest: .0019698
Lease NameCanadian ML6
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #34.2 Mineral RI
OperatorDevon Energy Corp
Legal DescriptionSec 06-14N-9W & Sec 07-14N-9W
County & StateCanadian, OK
Acres2 NMA of the 8.15 Acres - 1269.14 gross acres
Seller Comments: #Acres changed to 2 NMA of the 8.15 Acres - 1269.14 gross acres. Decimal interest changed to Section Interest: .0019698.
There is 1 Parent HZ well producing which IP’ed at ~910BOE/D in 2012. Increased Density was approved for 9 new HZ wells with 7 online and selling Oil in April 2019 with Flush Checks for the 7 new wells expected by September 2019.Producing Wells: 1 * ALIG 18-07-14-9 -- IP: 910 BOE (~1 Mile Lateral)New Wells: 7 Permits Approved on 9/7-17/2018 * ML 6_7-14N-9W 4HX (WOODFORD) Spud 9/16/18 * ML 6_7-14N-9W 5HX (MISSISSIPPIAN) Spud 10/31/18 * ML 6_7-14N-9W 6HX (WOODFORD) Spud 10/17/18 * ML 6_7-14N-9W 7HX (MISSISSIPPIAN) Spud 9/21/18 * ML 6_7-14N-9W 9HX (WOODFORD) Spud 11/22/18 * ML 6_7-14N-9W 10HX (MISSISSIPPIAN) Spud 10/17/18 * ML 6_7-14N-9W 11HX (WOODFORD) Spud 11/15/18 -- Revenue expected to begin on 7 new wells in Sept-Oct ‘19 High Density Drilling: * Increased Density Approval for 9 wells filed 8/14/2018API: 017-25267, 017-25273, 017-25274, 017-25271, 017-25276, 017-25272, 017-25275.
Decimal InterestLease Royalty: 1/8 (12.5%)Section Interest: .0019698
Lease NameCanadian ML6
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #34.1 Mineral RI
OperatorDevon Energy Corp
Legal DescriptionSec 06-14N-9W & Sec 07-14N-9W
County & StateCanadian, OK
Acres2 NMA of the 8.15 Acres - 1269.14 gross acres
Seller Comments: #Acres changed to 2 NMA of the 8.15 Acres - 1269.14 gross acres. Decimal interest changed to Section Interest: .0019698.
There is 1 Parent HZ well producing which IP’ed at ~910BOE/D in 2012. Increased Density was approved for 9 new HZ wells with 7 online and selling Oil in April 2019 with Flush Checks for the 7 new wells expected by September 2019.Producing Wells: 1 * ALIG 18-07-14-9 -- IP: 910 BOE (~1 Mile Lateral)New Wells: 7 Permits Approved on 9/7-17/2018 * ML 6_7-14N-9W 4HX (WOODFORD) Spud 9/16/18 * ML 6_7-14N-9W 5HX (MISSISSIPPIAN) Spud 10/31/18 * ML 6_7-14N-9W 6HX (WOODFORD) Spud 10/17/18 * ML 6_7-14N-9W 7HX (MISSISSIPPIAN) Spud 9/21/18 * ML 6_7-14N-9W 9HX (WOODFORD) Spud 11/22/18 * ML 6_7-14N-9W 10HX (MISSISSIPPIAN) Spud 10/17/18 * ML 6_7-14N-9W 11HX (WOODFORD) Spud 11/15/18 -- Revenue expected to begin on 7 new wells in Sept-Oct ‘19 High Density Drilling: * Increased Density Approval for 9 wells filed 8/14/2018API: 017-25267, 017-25273, 017-25274, 017-25271, 017-25276, 017-25272, 017-25275.
Decimal InterestLease Royalty: 1/8 (12.5%)Section Interest: .0019698
Lease NameCanadian ML6
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #34.2 Mineral RI
OperatorDevon Energy Corp
Legal DescriptionSec 06-14N-9W & Sec 07-14N-9W
County & StateCanadian, OK
Acres2 NMA of the 8.15 Acres - 1269.14 gross acres
Seller Comments: #Acres changed to 2 NMA of the 8.15 Acres - 1269.14 gross acres. Decimal interest changed to Section Interest: .0019698.
There is 1 Parent HZ well producing which IP’ed at ~910BOE/D in 2012. Increased Density was approved for 9 new HZ wells with 7 online and selling Oil in April 2019 with Flush Checks for the 7 new wells expected by September 2019.Producing Wells: 1 * ALIG 18-07-14-9 -- IP: 910 BOE (~1 Mile Lateral)New Wells: 7 Permits Approved on 9/7-17/2018 * ML 6_7-14N-9W 4HX (WOODFORD) Spud 9/16/18 * ML 6_7-14N-9W 5HX (MISSISSIPPIAN) Spud 10/31/18 * ML 6_7-14N-9W 6HX (WOODFORD) Spud 10/17/18 * ML 6_7-14N-9W 7HX (MISSISSIPPIAN) Spud 9/21/18 * ML 6_7-14N-9W 9HX (WOODFORD) Spud 11/22/18 * ML 6_7-14N-9W 10HX (MISSISSIPPIAN) Spud 10/17/18 * ML 6_7-14N-9W 11HX (WOODFORD) Spud 11/15/18 -- Revenue expected to begin on 7 new wells in Sept-Oct ‘19 High Density Drilling: * Increased Density Approval for 9 wells filed 8/14/2018API: 017-25267, 017-25273, 017-25274, 017-25271, 017-25276, 017-25272, 017-25275.
Decimal InterestLease Royalty: 1/8 (12.5%)Section Interest: .0019698
Lease NameCanadian ML6
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
For tax savings call 785-623-0473
Lot #34.3 Mineral RI
OperatorDevon Energy Corp
Legal DescriptionSec 06-14N-9W & Sec 07-14N-9W
County & StateCanadian, OK
Acres2 NMA of the 8.15 Acres - 1269.14 gross acres
Seller Comments: Lot 34.3 changed # of acres after catalog was sent to print.Was: #acres = 1 NMA of the 7.7 Acres - 1280.00 gross acres;Decimal interest = Lease Royalty: 1/8 (12.5%) - Section Interest: .00009766
Changed to: 2 NMA of the 8.15 Acres - 1269.14 gross acresDecimal interest = Lease Royalty: 1/8 (12.5%) - Section Interest: .0019698
There is 1 Parent HZ well producing which IP’ed at ~910BOE/D in 2012. Increased Density was approved for 9 new HZ wells with 7 online and selling Oil in April 2019 with Flush Checks for the 7 new wells expected by September 2019.Producing Wells: 1 * ALIG 18-07-14-9 -- IP: 910 BOE (~1 Mile Lateral)New Wells: 7 Permits Approved on 9/7-17/2018 * ML 6_7-14N-9W 4HX (WOODFORD) Spud 9/16/18 * ML 6_7-14N-9W 5HX (MISSISSIPPIAN) Spud 10/31/18 * ML 6_7-14N-9W 6HX (WOODFORD) Spud 10/17/18 * ML 6_7-14N-9W 7HX (MISSISSIPPIAN) Spud 9/21/18 * ML 6_7-14N-9W 9HX (WOODFORD) Spud 11/22/18 * ML 6_7-14N-9W 10HX (MISSISSIPPIAN) Spud 10/17/18 * ML 6_7-14N-9W 11HX (WOODFORD) Spud 11/15/18 -- Revenue expected to begin on 7 new wells in Sept-Oct ‘19 High Density Drilling: * Increased Density Approval for 9 wells filed 8/14/2018API: 017-25267, 017-25273, 017-25274, 017-25271, 017-25276, 017-25272, 017-25275.
Decimal InterestLease Royalty: 1/8 (12.5%)Section Interest: .0019698
Lease NameCanadian ML6
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #35 Leasehold
Legal DescriptionSec 18-21N-4W
County & StateGarfield, OK
Acres251.236 net acres
NRI0.125
Subject to a royalty of 1/8th & a three (3) year term, expiring 7-7-2021 thru 9-23-2021.Seller Comments:
Lease NameLeasehold
Legal DescriptionSec 18-21N-4W
County & StateGarfield, OK
Acres208.9712 net acres
NRI0.1875
Subject to a royalty of 3-16th & a three (3) year term, expiring 8-14-2021 thru 10-17-2021.Seller Comments:
Lease NameLeasehold
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Superior Service throughout the Mid-Continent- 620-872-DIRT
Serving North America with Premier Customer Service-785-743-6774
Lot #34.3 Mineral RI
OperatorDevon Energy Corp
Legal DescriptionSec 06-14N-9W & Sec 07-14N-9W
County & StateCanadian, OK
Acres2 NMA of the 8.15 Acres - 1269.14 gross acres
Seller Comments: Lot 34.3 changed # of acres after catalog was sent to print.Was: #acres = 1 NMA of the 7.7 Acres - 1280.00 gross acres;Decimal interest = Lease Royalty: 1/8 (12.5%) - Section Interest: .00009766
Changed to: 2 NMA of the 8.15 Acres - 1269.14 gross acresDecimal interest = Lease Royalty: 1/8 (12.5%) - Section Interest: .0019698
There is 1 Parent HZ well producing which IP’ed at ~910BOE/D in 2012. Increased Density was approved for 9 new HZ wells with 7 online and selling Oil in April 2019 with Flush Checks for the 7 new wells expected by September 2019.Producing Wells: 1 * ALIG 18-07-14-9 -- IP: 910 BOE (~1 Mile Lateral)New Wells: 7 Permits Approved on 9/7-17/2018 * ML 6_7-14N-9W 4HX (WOODFORD) Spud 9/16/18 * ML 6_7-14N-9W 5HX (MISSISSIPPIAN) Spud 10/31/18 * ML 6_7-14N-9W 6HX (WOODFORD) Spud 10/17/18 * ML 6_7-14N-9W 7HX (MISSISSIPPIAN) Spud 9/21/18 * ML 6_7-14N-9W 9HX (WOODFORD) Spud 11/22/18 * ML 6_7-14N-9W 10HX (MISSISSIPPIAN) Spud 10/17/18 * ML 6_7-14N-9W 11HX (WOODFORD) Spud 11/15/18 -- Revenue expected to begin on 7 new wells in Sept-Oct ‘19 High Density Drilling: * Increased Density Approval for 9 wells filed 8/14/2018API: 017-25267, 017-25273, 017-25274, 017-25271, 017-25276, 017-25272, 017-25275.
Decimal InterestLease Royalty: 1/8 (12.5%)Section Interest: .0019698
Lease NameCanadian ML6
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #35 Leasehold
Legal DescriptionSec 18-21N-4W
County & StateGarfield, OK
Acres251.236 net acres
NRI0.125
Subject to a royalty of 1/8th & a three (3) year term, expiring 7-7-2021 thru 9-23-2021.Seller Comments:
Lease NameLeasehold
Legal DescriptionSec 18-21N-4W
County & StateGarfield, OK
Acres208.9712 net acres
NRI0.1875
Subject to a royalty of 3-16th & a three (3) year term, expiring 8-14-2021 thru 10-17-2021.Seller Comments:
Lease NameLeasehold
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Office: (913) 837 - 4100 Fax: 1(913) 837 - 2241
[email protected]@dbdoil.com
Elite Oil & Gas Explorer Since 1969- 316-799-1000
Lot #36 Operated Lease
OperatorNorstar Petroleum Inc
Legal DescriptionSec 19, 29, 30, 31, 32-33S-28W and Sec 24, 25-33S-29W
County & StateMeade, KS
Acres2520
GWI100%
NRI77.95%
The Mohler field was discovered in 1958 with three gas wells on the north end of the field. The gas wells produced for nearly 20 years before the down-dip oil leg of the field was discovered. A second wave of drilling occurred in the 1980s, as the oil leg was developed and the boundaries of the reservoir were established. The Mohler field was unitized by Samedan Oil Corp in 1994. The Unit changed hands one time before it was purchased by CHT in 2000. CHT operated the Unit from 2000 to December 2014, at which time it was taken over by NPI, the current operator. NPI and CHT are related entities and the change of operations was a result of gaining administrative efficiency.The Unit is a Morrow channel sand at a depth of ~5600'. The Morrow has high porosity and permeability, as demonstrated by the cumulative production throughout the life of the Unit. Before the Unit was formed in 1994, its wells had produced over 986 MBO and 9 BCF. A 1994 waterflood feasibility study, performed by Samedan, estimated that there were 81 MBO left of primary production with 1,500 to 2,000 MBO to be recovered with a waterflood. A 2006 numerical simulation study, performed by NPI, reported that the Unit had produced an incremental 140 MBO since the unit was formed in 1994 and estimated at 232 MBO remain to be recovered by the current waterflood pattern. The secondary recovery estimates were limited by the existing well pattern and the inability of NPI/CHT to invest sufficient capital to capture the 1,000+ MBO secondary reserves, originally estimated by Samedan. The Unit has produced 16 MBO since 2006, for a total cumulative production of 1,142 MBO. Current production is 4.5 BOPD from three wells.
* Total Unit Production 1,142,000 BO, 9 BCF Gas
Seller Comments:
Lease NameMohler Unit
Gross BOPD4.5
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
N/A12/31/1958 100+ N/AN/AN/A11/9/1958Shawnee#1
N/A11/26/1958 N/A N/AN/AN/A10/11/1958Morrow#2
N/A1/28/1980 N/A N/AN/AN/A1/16/1980Morrow#5
N/A5/6/1984 N/A N/AN/AN/A3/15/1984Morrow#15
*8/1/1980 25 *N/A1.56/23/1980Morrow#3
*11/7/1980 25 *N/A1.59/17/1980Morrow#4
*10/3/1980 50 *N/A1.58/30/1980Morrow#9
*3/31/1990 0 *N/A03/2/1990Morrow#10
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
N/A N/A Unit Tank battery: 36"x10' FWKO
N/AN/A3400' 2-7/8" IPC
5726' 7"1547' 9-5/8"#1
N/A N/A Unit Tank battery: 36"x10' FWKO
N/AN/A5560' 2-3/8" IPC
5720' 7"1543' 9-5/8"#2
N/A N/A 4'x20' HPT - 6'x20' HT - 30"x10' 125#
N/AN/A5530' 2-3/8" IPC
5900' 5-1/2"1599' 8-3/8"#5
N/A N/A 4'x20' HPT - 6'x20' HT - 30"x10' 125#
N/AN/A5000' 2-3/8" IPC
5795' 5-1/2"1474' 8-5/8"#15
155-3/4" 69-7/8"
Electric motor
Vertical separator 5 hp Gould
transfer pump, …
American 1142"x1-1/2"x16'
189 jts 2-3/8"
5773' 5-1/2"1579' 8-5/8"#3
156-3/4" 69-7/8"
Electric motor
Vertical separator 5 hp Gould
transfer pump, …
Emsco 1142"x1-1/2"x16'
190 jts 2-3/8"
5812' 5-1/2"1665' 8-5/8"#4
215-3/4" Electric motor
2 16'x25' fiberglass water
tanks
Cabot 1602-1/2"x1-1/2"x16
182 jts 2-7/8"
5804" 5-1/2"1616' 8-5/8"#9
N/A N/A 2 16'x25' fiberglass water
tanks
N/AN/A5600' 2-3/8"6399' 5-1/2"1605' 8-5/8"#10
Lot #37 RI
OperatorXTO Energy Inc
Legal DescriptionSec 18-10N-8W
County & StateCleburne, AR
Acres6.7745 NMA
Net Income$646.51
(4 mo)
$161.63/moSeller Comments: This royalty interest includes production from the Hooten 01-18, 02-18, 03-18, 04-18 and 05-
18H17. This is Fayetteville Shale production that has been active since 2012. February 2019 gas production for these wells was 30,874 MCF. February 2018 production from the same 5 wells was 33,662 MCF. This lot represents approximately 6.7745 NMA in 18-10n-8w Cleburne Co AR.
Hooten 02-18H, 03-18H, 04-18H, 05-18H17 net income is combined with Hooten 01-18H income.
Monthly Income:1/31/2019 - $140.362/28/2019 - $240.513/25/2019 - $157.274/25/2019 - $108.37
Decimal InterestGas RI .00161018Oil & Condensate RI .00070848
Lease NameHooten 01-18H, 02-18H, 03-18H, 04-18H, 05-18H17
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #36 Operated Lease
OperatorNorstar Petroleum Inc
Legal DescriptionSec 19, 29, 30, 31, 32-33S-28W and Sec 24, 25-33S-29W
County & StateMeade, KS
Acres2520
GWI100%
NRI77.95%
The Mohler field was discovered in 1958 with three gas wells on the north end of the field. The gas wells produced for nearly 20 years before the down-dip oil leg of the field was discovered. A second wave of drilling occurred in the 1980s, as the oil leg was developed and the boundaries of the reservoir were established. The Mohler field was unitized by Samedan Oil Corp in 1994. The Unit changed hands one time before it was purchased by CHT in 2000. CHT operated the Unit from 2000 to December 2014, at which time it was taken over by NPI, the current operator. NPI and CHT are related entities and the change of operations was a result of gaining administrative efficiency.The Unit is a Morrow channel sand at a depth of ~5600'. The Morrow has high porosity and permeability, as demonstrated by the cumulative production throughout the life of the Unit. Before the Unit was formed in 1994, its wells had produced over 986 MBO and 9 BCF. A 1994 waterflood feasibility study, performed by Samedan, estimated that there were 81 MBO left of primary production with 1,500 to 2,000 MBO to be recovered with a waterflood. A 2006 numerical simulation study, performed by NPI, reported that the Unit had produced an incremental 140 MBO since the unit was formed in 1994 and estimated at 232 MBO remain to be recovered by the current waterflood pattern. The secondary recovery estimates were limited by the existing well pattern and the inability of NPI/CHT to invest sufficient capital to capture the 1,000+ MBO secondary reserves, originally estimated by Samedan. The Unit has produced 16 MBO since 2006, for a total cumulative production of 1,142 MBO. Current production is 4.5 BOPD from three wells.
* Total Unit Production 1,142,000 BO, 9 BCF Gas
Seller Comments:
Lease NameMohler Unit
Gross BOPD4.5
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
N/A12/31/1958 100+ N/AN/AN/A11/9/1958Shawnee#1
N/A11/26/1958 N/A N/AN/AN/A10/11/1958Morrow#2
N/A1/28/1980 N/A N/AN/AN/A1/16/1980Morrow#5
N/A5/6/1984 N/A N/AN/AN/A3/15/1984Morrow#15
*8/1/1980 25 *N/A1.56/23/1980Morrow#3
*11/7/1980 25 *N/A1.59/17/1980Morrow#4
*10/3/1980 50 *N/A1.58/30/1980Morrow#9
*3/31/1990 0 *N/A03/2/1990Morrow#10
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
N/A N/A Unit Tank battery: 36"x10' FWKO
N/AN/A3400' 2-7/8" IPC
5726' 7"1547' 9-5/8"#1
N/A N/A Unit Tank battery: 36"x10' FWKO
N/AN/A5560' 2-3/8" IPC
5720' 7"1543' 9-5/8"#2
N/A N/A 4'x20' HPT - 6'x20' HT - 30"x10' 125#
N/AN/A5530' 2-3/8" IPC
5900' 5-1/2"1599' 8-3/8"#5
N/A N/A 4'x20' HPT - 6'x20' HT - 30"x10' 125#
N/AN/A5000' 2-3/8" IPC
5795' 5-1/2"1474' 8-5/8"#15
155-3/4" 69-7/8"
Electric motor
Vertical separator 5 hp Gould
transfer pump, …
American 1142"x1-1/2"x16'
189 jts 2-3/8"
5773' 5-1/2"1579' 8-5/8"#3
156-3/4" 69-7/8"
Electric motor
Vertical separator 5 hp Gould
transfer pump, …
Emsco 1142"x1-1/2"x16'
190 jts 2-3/8"
5812' 5-1/2"1665' 8-5/8"#4
215-3/4" Electric motor
2 16'x25' fiberglass water
tanks
Cabot 1602-1/2"x1-1/2"x16
182 jts 2-7/8"
5804" 5-1/2"1616' 8-5/8"#9
N/A N/A 2 16'x25' fiberglass water
tanks
N/AN/A5600' 2-3/8"6399' 5-1/2"1605' 8-5/8"#10
Lot #37 RI
OperatorXTO Energy Inc
Legal DescriptionSec 18-10N-8W
County & StateCleburne, AR
Acres6.7745 NMA
Net Income$646.51
(4 mo)
$161.63/moSeller Comments: This royalty interest includes production from the Hooten 01-18, 02-18, 03-18, 04-18 and 05-
18H17. This is Fayetteville Shale production that has been active since 2012. February 2019 gas production for these wells was 30,874 MCF. February 2018 production from the same 5 wells was 33,662 MCF. This lot represents approximately 6.7745 NMA in 18-10n-8w Cleburne Co AR.
Hooten 02-18H, 03-18H, 04-18H, 05-18H17 net income is combined with Hooten 01-18H income.
Monthly Income:1/31/2019 - $140.362/28/2019 - $240.513/25/2019 - $157.274/25/2019 - $108.37
Decimal InterestGas RI .00161018Oil & Condensate RI .00070848
Lease NameHooten 01-18H, 02-18H, 03-18H, 04-18H, 05-18H17
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #38 RI
OperatorEOG Resources Inc
Legal DescriptionSee data room
County & StateAtascosa, TX
Net Income$228.66
(3 mo)
$76.22/moSeller Comments: Buyer will have the option to double this lot.
Production Breakdown:94.59% - Oil2.17% - Gas3.23% - NGL
Cash flow reflects the sale of 3.75% of the assets shown on the check statements.
Monthly Income:Jan 2019 - $79.45Feb 2019 - $71.53Mar 2019 - $77.68
Decimal interest breakdown:Javelina Unit #1H - 0.00736917 x 3.75% = 0.000276343875 0.00736916 x 3.75% = 0.0002763435Diamondback Unit #1H - 0.00251599 x 3.75% = 0.00251599Javelina Unit #2H, #3H, #4H, #5H - 0.00736916 x 3.75% = 0.000276343
Decimal InterestSee comments
Lease NameDiamondback, Javelina
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #38.1 RI
OperatorEOG Resources Inc
Legal DescriptionSee data room
County & StateAtascosa, TX
Net Income$228.66
(3 mo)
$76.22/mo
Production Breakdown:94.59% - Oil2.17% - Gas3.23% - NGL
Cash flow reflects the sale of 3.75% of the assets shown on the check statements.
Monthly Income:Jan 2019 - $79.45Feb 2019 - $71.53Mar 2019 - $77.68
Decimal interest breakdown:Javelina Unit #1H - 0.00736917 x 3.75% = 0.000276343875 0.00736916 x 3.75% = 0.0002763435Diamondback Unit #1H - 0.00251599 x 3.75% = 0.00251599Javelina Unit #2H, #3H, #4H, #5H - 0.00736916 x 3.75% = 0.000276343
Seller Comments:
Decimal InterestSee comments
Lease NameDiamondback, Javelina
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #38 RI
OperatorEOG Resources Inc
Legal DescriptionSee data room
County & StateAtascosa, TX
Net Income$228.66
(3 mo)
$76.22/moSeller Comments: Buyer will have the option to double this lot.
Production Breakdown:94.59% - Oil2.17% - Gas3.23% - NGL
Cash flow reflects the sale of 3.75% of the assets shown on the check statements.
Monthly Income:Jan 2019 - $79.45Feb 2019 - $71.53Mar 2019 - $77.68
Decimal interest breakdown:Javelina Unit #1H - 0.00736917 x 3.75% = 0.000276343875 0.00736916 x 3.75% = 0.0002763435Diamondback Unit #1H - 0.00251599 x 3.75% = 0.00251599Javelina Unit #2H, #3H, #4H, #5H - 0.00736916 x 3.75% = 0.000276343
Decimal InterestSee comments
Lease NameDiamondback, Javelina
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #38.1 RI
OperatorEOG Resources Inc
Legal DescriptionSee data room
County & StateAtascosa, TX
Net Income$228.66
(3 mo)
$76.22/mo
Production Breakdown:94.59% - Oil2.17% - Gas3.23% - NGL
Cash flow reflects the sale of 3.75% of the assets shown on the check statements.
Monthly Income:Jan 2019 - $79.45Feb 2019 - $71.53Mar 2019 - $77.68
Decimal interest breakdown:Javelina Unit #1H - 0.00736917 x 3.75% = 0.000276343875 0.00736916 x 3.75% = 0.0002763435Diamondback Unit #1H - 0.00251599 x 3.75% = 0.00251599Javelina Unit #2H, #3H, #4H, #5H - 0.00736916 x 3.75% = 0.000276343
Seller Comments:
Decimal InterestSee comments
Lease NameDiamondback, Javelina
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #39 RI
OperatorETX Energy LLC
Legal DescriptionSee data room
County & StateBrazos/Grimes, TX
Net Income$216.35
(5 mo)
$43.27/mo
Production Breakdown:91.99% - Oil1.76% - Gas6.24% - NGL
Cash Flow Represents 100.00% of Check Statements
Oct 2018 - $54.94Nov 2018 - $39.64Dec 2018 - $42.90Jan 2019 - $41.73Feb 2019 - $37.15
Metzer et al 1H - 0.00056140McDuffie 1H - 0.00043512Scamarado Grimes - 0.00075458
Seller Comments:
Decimal InterestSee comments
Lease NameMcDuffie, Metzer, Scamarado Grimes
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #40 RI
OperatorSquare Mile Energy LLC
Legal DescriptionSee Seller Comments.
County & StateColorado, TX
Acres10
Net Income$230.48
(4 mo)
$57.62/mo
10.00 acres of land, more or less, situated in the J. B. Fenn Survey, Abstract 216, Colorado County, Texas.
Production Breakdown:33.10% - Oil42.91% - Gas23.995 - NGL
Cash Flow Represents 50.00% of Check Statements
Monthly Income:Oct 2018 - $129.18 x 50% = $64.59Nov 2018 - $112.17 x 50% = $56.09Dec 2018 - $112.71 x 50% = $56.36Jan 2019 - $107.16 x 50% = $53.58
Decimal Interest Breakdown:0.0004484100 x 50.00% = 0.000224205
Seller Comments:
Decimal Interest0.0004484100
Lease NameHopkins 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
ELI Wireline Services, LLC1327 Noose Road
Hays, Kansas (785) 628-6395
www.eliwireline.com
Lot #39 RI
OperatorETX Energy LLC
Legal DescriptionSee data room
County & StateBrazos/Grimes, TX
Net Income$216.35
(5 mo)
$43.27/mo
Production Breakdown:91.99% - Oil1.76% - Gas6.24% - NGL
Cash Flow Represents 100.00% of Check Statements
Oct 2018 - $54.94Nov 2018 - $39.64Dec 2018 - $42.90Jan 2019 - $41.73Feb 2019 - $37.15
Metzer et al 1H - 0.00056140McDuffie 1H - 0.00043512Scamarado Grimes - 0.00075458
Seller Comments:
Decimal InterestSee comments
Lease NameMcDuffie, Metzer, Scamarado Grimes
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #40 RI
OperatorSquare Mile Energy LLC
Legal DescriptionSee Seller Comments.
County & StateColorado, TX
Acres10
Net Income$230.48
(4 mo)
$57.62/mo
10.00 acres of land, more or less, situated in the J. B. Fenn Survey, Abstract 216, Colorado County, Texas.
Production Breakdown:33.10% - Oil42.91% - Gas23.995 - NGL
Cash Flow Represents 50.00% of Check Statements
Monthly Income:Oct 2018 - $129.18 x 50% = $64.59Nov 2018 - $112.17 x 50% = $56.09Dec 2018 - $112.71 x 50% = $56.36Jan 2019 - $107.16 x 50% = $53.58
Decimal Interest Breakdown:0.0004484100 x 50.00% = 0.000224205
Seller Comments:
Decimal Interest0.0004484100
Lease NameHopkins 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
James Stephensonemail: [email protected]: www.petrobase.net
Lot #41 RI
OperatorChesapeake Operating LLC
Legal DescriptionSee data room
County & StateDimmit, TX
Net Income$107.91
(3 mo)
$35.97/mo
Production Breakdown:71.24% - Oil13.28% - Gas15.48% - NGL
Cash Flow Represents 100.00% of Check Statements
Monthly Income:Jan 2019 - $39.82Feb 2019 - $31.99Mar 2019 - $36.11
Seller Comments:
Decimal Interest0.00052477, 0.00055701
Lease NameBriscoe Ranch Unit C Dim H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #42 RI
OperatorSB EF Maverick LLC
Legal DescriptionSee data room
County & StateDimmit, TX
Net Income$92.01
(3 mo)
$30.67/mo
Production Breakdown:74.34% - Oil11.50% - Gas14.16% - NGL
Cash Flow Represents 100.00% of Check Statements
Monthly Income:Jan 2019 - $23.61Feb 2019 - $26.76Mar 2019 - $41.65
Decimal interest breakdown:Unit A 1H through 7H - 0.00002976Unit B 1H through 6H - 0.00004366
Seller Comments:
Decimal InterestSee comments
Lease NameBriscoe Springman
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #41 RI
OperatorChesapeake Operating LLC
Legal DescriptionSee data room
County & StateDimmit, TX
Net Income$107.91
(3 mo)
$35.97/mo
Production Breakdown:71.24% - Oil13.28% - Gas15.48% - NGL
Cash Flow Represents 100.00% of Check Statements
Monthly Income:Jan 2019 - $39.82Feb 2019 - $31.99Mar 2019 - $36.11
Seller Comments:
Decimal Interest0.00052477, 0.00055701
Lease NameBriscoe Ranch Unit C Dim H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #42 RI
OperatorSB EF Maverick LLC
Legal DescriptionSee data room
County & StateDimmit, TX
Net Income$92.01
(3 mo)
$30.67/mo
Production Breakdown:74.34% - Oil11.50% - Gas14.16% - NGL
Cash Flow Represents 100.00% of Check Statements
Monthly Income:Jan 2019 - $23.61Feb 2019 - $26.76Mar 2019 - $41.65
Decimal interest breakdown:Unit A 1H through 7H - 0.00002976Unit B 1H through 6H - 0.00004366
Seller Comments:
Decimal InterestSee comments
Lease NameBriscoe Springman
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #43 RI
OperatorBreitman Operating LP
Legal DescriptionSee data room
County & StateGregg, TX
Net Income$483.92
(4 mo)
$120.98/moSeller Comments: Buyer will have the option to double this lot.
Production Breakdown:92.73% - Oil4.31% - Gas2.96% - NGL
Cash Flow Represents 10.00% of Check Statements
Monthly Income:Nov 2018 - $13.55Dec 2018 - $135.16Jan 2019 - $161.70Feb 2019 - $173.50
Decimal interest breakdown:Moncrief Mattie - 0.01736120 x 10% = 0.00173612Lawson Mary - 0.00060100 x 10% = 0.0000601
Decimal InterestSee comments
Lease NameLawson Mary, Moncrief Mattie
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #43.1 RI
OperatorBreitman Operating LP
Legal DescriptionSee data room
County & StateGregg, TX
Net Income$483.92
(4 mo)
$120.98/mo
Production Breakdown:92.73% - Oil4.31% - Gas2.96% - NGL
Cash Flow Represents 10.00% of Check Statements
Monthly Income:Nov 2018 - $13.55Dec 2018 - $135.16Jan 2019 - $161.70Feb 2019 - $173.50
Decimal interest breakdown:Moncrief Mattie - 0.01736120 x 10% = 0.00173612Lawson Mary - 0.00060100 x 10% = 0.0000601
Seller Comments:
Decimal InterestSee comments
Lease NameLawson Mary, Moncrief Mattie
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Office: (913) 837 - 4100 Fax: 1(913) 837 - 2241
[email protected]@dbdoil.com
Lot #43 RI
OperatorBreitman Operating LP
Legal DescriptionSee data room
County & StateGregg, TX
Net Income$483.92
(4 mo)
$120.98/moSeller Comments: Buyer will have the option to double this lot.
Production Breakdown:92.73% - Oil4.31% - Gas2.96% - NGL
Cash Flow Represents 10.00% of Check Statements
Monthly Income:Nov 2018 - $13.55Dec 2018 - $135.16Jan 2019 - $161.70Feb 2019 - $173.50
Decimal interest breakdown:Moncrief Mattie - 0.01736120 x 10% = 0.00173612Lawson Mary - 0.00060100 x 10% = 0.0000601
Decimal InterestSee comments
Lease NameLawson Mary, Moncrief Mattie
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #43.1 RI
OperatorBreitman Operating LP
Legal DescriptionSee data room
County & StateGregg, TX
Net Income$483.92
(4 mo)
$120.98/mo
Production Breakdown:92.73% - Oil4.31% - Gas2.96% - NGL
Cash Flow Represents 10.00% of Check Statements
Monthly Income:Nov 2018 - $13.55Dec 2018 - $135.16Jan 2019 - $161.70Feb 2019 - $173.50
Decimal interest breakdown:Moncrief Mattie - 0.01736120 x 10% = 0.00173612Lawson Mary - 0.00060100 x 10% = 0.0000601
Seller Comments:
Decimal InterestSee comments
Lease NameLawson Mary, Moncrief Mattie
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Elite Oil & Gas Explorer Since 1969- 316-799-1000
Lot #44 RI
OperatorOccidental Petroleum
Legal DescriptionSee data room
County & StateIrion, TX
Net Income$223.50
(5 mo)
$44.70/mo
Production Breakdown:85.04% - Oil1.51% - Gas13.45% - NGL
Cash Flow Represents 100.00% of Check Statements
Monthly Income:Nov 2018 - $19.47Dec 2018 - $57.70Jan 2019 - $32.92Feb 2019 - $55.70Mar 2019 - $57.73
Decimal interest breakdown:Crawford, Leta - 0.0015620Shaw, Verda - 0.0031250
Seller Comments:
Decimal Interest0.0015620, 0.0031250
Lease NameCrawford Leta D, Shaw Verda
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #45 RI
OperatorEOG Resources Inc
Legal DescriptionSee data room
County & StateMcMullin, TX
Net Income$232.26
(3 mo)
$77.42/mo
Production Breakdown:79.57% - Oil13.87% - Gas6.57% - NGL
Cash Flow Represents 100.00% of Check Statements
Monthly Income:Jan 2019 - $77.07Feb 2019 - $73.83Mar 2019 - $81.35
Decimal interest breakdown:Dobby A #1H - 0.00000738Dobby B #2H - 0.00000825Naylor Jones Unit H - 0.00013879, 0.00008461, 0.00002007
Seller Comments:
Decimal Interest0.00000738
Lease NameDobby A H, Dobby B H, Naylor Jones Unit H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Serving North America with Premier Customer Service-785-743-6774
Lot #44 RI
OperatorOccidental Petroleum
Legal DescriptionSee data room
County & StateIrion, TX
Net Income$223.50
(5 mo)
$44.70/mo
Production Breakdown:85.04% - Oil1.51% - Gas13.45% - NGL
Cash Flow Represents 100.00% of Check Statements
Monthly Income:Nov 2018 - $19.47Dec 2018 - $57.70Jan 2019 - $32.92Feb 2019 - $55.70Mar 2019 - $57.73
Decimal interest breakdown:Crawford, Leta - 0.0015620Shaw, Verda - 0.0031250
Seller Comments:
Decimal Interest0.0015620, 0.0031250
Lease NameCrawford Leta D, Shaw Verda
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #45 RI
OperatorEOG Resources Inc
Legal DescriptionSee data room
County & StateMcMullin, TX
Net Income$232.26
(3 mo)
$77.42/mo
Production Breakdown:79.57% - Oil13.87% - Gas6.57% - NGL
Cash Flow Represents 100.00% of Check Statements
Monthly Income:Jan 2019 - $77.07Feb 2019 - $73.83Mar 2019 - $81.35
Decimal interest breakdown:Dobby A #1H - 0.00000738Dobby B #2H - 0.00000825Naylor Jones Unit H - 0.00013879, 0.00008461, 0.00002007
Seller Comments:
Decimal Interest0.00000738
Lease NameDobby A H, Dobby B H, Naylor Jones Unit H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Superior Service throughout the Mid-Continent- 620-872-DIRT
Lot #46 RI
OperatorMerit Energy Co
Legal DescriptionSee data room
County & StateStarr, TX
Net Income$258.51
(3 mo)
$86.17/mo
Production Breakdown:35.12% - Oil37.83% - Gas27.05% - NGL
Cash Flow Represents 50.00% of Check Statements
Monthly Income:Jan 2019 - $91.55Feb 2019 - $78.93Mar 2019 - $88.02
Decimal interest breakdown:Bent Bros St - 0.00048830 x 50% = 0.00024415Bent Bros B - 0.00032553 x 50% = 0.000162765Bentsen Bros St - 0.00048830 x 50% = 0.00024415La Copita Gas Unit - 0.00016280 x 50% = 0.0000814, 0.0001085 x 50% = 0.00005425
Seller Comments:
Decimal InterestSee comments
Lease NameBent Bros B, Bentsen Bros State, La Copita Gas Unit
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #47 RI
OperatorDevon Energy Corp
Legal DescriptionSee data room
County & StateWise, TX
Net Income$538.39
(3 mo)
$179.46/moSeller Comments: Buyer will have the option to double this lot.
Production Breakdown:0.00% - Oil100.00% - Gas0.00% - NGL
Cash flow reflects the sale of 20.00% of the assets shown on the check statements.
Monthly Income:Dec 2018 - $246.04Jan 2019 - $176.99Feb 2019 - $115.36
Decimal interest breakdown:0.00481154 x 20.00% = 0.0009623080.00200493 x 20.00% = 0.0004009860.00014411 x 20.00% = 0.0000288220.00016409 x 20.00% = 0.0000328180.00016806 x 20.00% = 0.00003361
Decimal InterestSee comments
Lease NameWilson, Jack 1,2,3,4,5H,6H,7H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Ad Valorem tax specialist Rendition Preparation Tax ProtestOil and Gas Property Appraisals Economic Analysis Estate ReviewFederal and State Compliance SPCC Inspections SPCC Training Right to Know More… www.klhoilandgasconsulting.com
Lot #46 RI
OperatorMerit Energy Co
Legal DescriptionSee data room
County & StateStarr, TX
Net Income$258.51
(3 mo)
$86.17/mo
Production Breakdown:35.12% - Oil37.83% - Gas27.05% - NGL
Cash Flow Represents 50.00% of Check Statements
Monthly Income:Jan 2019 - $91.55Feb 2019 - $78.93Mar 2019 - $88.02
Decimal interest breakdown:Bent Bros St - 0.00048830 x 50% = 0.00024415Bent Bros B - 0.00032553 x 50% = 0.000162765Bentsen Bros St - 0.00048830 x 50% = 0.00024415La Copita Gas Unit - 0.00016280 x 50% = 0.0000814, 0.0001085 x 50% = 0.00005425
Seller Comments:
Decimal InterestSee comments
Lease NameBent Bros B, Bentsen Bros State, La Copita Gas Unit
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #47 RI
OperatorDevon Energy Corp
Legal DescriptionSee data room
County & StateWise, TX
Net Income$538.39
(3 mo)
$179.46/moSeller Comments: Buyer will have the option to double this lot.
Production Breakdown:0.00% - Oil100.00% - Gas0.00% - NGL
Cash flow reflects the sale of 20.00% of the assets shown on the check statements.
Monthly Income:Dec 2018 - $246.04Jan 2019 - $176.99Feb 2019 - $115.36
Decimal interest breakdown:0.00481154 x 20.00% = 0.0009623080.00200493 x 20.00% = 0.0004009860.00014411 x 20.00% = 0.0000288220.00016409 x 20.00% = 0.0000328180.00016806 x 20.00% = 0.00003361
Decimal InterestSee comments
Lease NameWilson, Jack 1,2,3,4,5H,6H,7H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #47.1 RI
OperatorDevon Energy Corp
Legal DescriptionSee data room
County & StateWise, TX
Net Income$538.39
(3 mo)
$179.46/mo
Production Breakdown:0.00% - Oil100.00% - Gas0.00% - NGL
Cash flow reflects the sale of 20.00% of the assets shown on the check statements.
Monthly Income:Dec 2018 - $246.04Jan 2019 - $176.99Feb 2019 - $115.36
Decimal interest breakdown:0.00481154 x 20.00% = 0.0009623080.00200493 x 20.00% = 0.0004009860.00014411 x 20.00% = 0.0000288220.00016409 x 20.00% = 0.0000328180.00016806 x 20.00% = 0.00003361
Seller Comments:
Decimal InterestSee comments
Lease NameWilson, Jack 1,2,3,4,5H,6H,7H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #48 ORRI
OperatorFrostwood Energy LLC
Legal DescriptionSee data room
County & StateVictoria, TX
Net Income$1,020.69
(6 mo)
$170.12/moSeller Comments: Buyer will have the option to double this lot.
Cash Flow Represents 10.00% of Check StatementsMonthly Income:Nov 2018 - $192.12 (check total $1,921.20)Dec 2018 - $174.48 (check total $1,744.80)Jan 2019 - $192.12 (check total $1,921.23)Feb 2019 - $174.67 (check total $1,746.68)Mar 2019 - $148.12 (check total $1,481.15)Apr 2019 - $139.17 (check total $1,391.73)
Production Breakdown:99.42% - Oil0.58% - Gas0.00% - NGL
Decimal interest breakdown:Henderson Schovajsa #1H - 0.00320000 x 10.00% = 0.000320000Buhler-Schovajsa #1H - 0.00133974 x 10.00% = 0.000133974Henderson-Schovajsa B 2H - 0.00347835 x 10.00% = 0.000347835Henderson-Schovajsa C #3H - 0.00395922 x 10.00% = 0.000395922
Decimal InterestSee comments
Lease NameBuhler-Schovasja, Henders
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
For tax savings call 785-623-0473
Lot #47.1 RI
OperatorDevon Energy Corp
Legal DescriptionSee data room
County & StateWise, TX
Net Income$538.39
(3 mo)
$179.46/mo
Production Breakdown:0.00% - Oil100.00% - Gas0.00% - NGL
Cash flow reflects the sale of 20.00% of the assets shown on the check statements.
Monthly Income:Dec 2018 - $246.04Jan 2019 - $176.99Feb 2019 - $115.36
Decimal interest breakdown:0.00481154 x 20.00% = 0.0009623080.00200493 x 20.00% = 0.0004009860.00014411 x 20.00% = 0.0000288220.00016409 x 20.00% = 0.0000328180.00016806 x 20.00% = 0.00003361
Seller Comments:
Decimal InterestSee comments
Lease NameWilson, Jack 1,2,3,4,5H,6H,7H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #48 ORRI
OperatorFrostwood Energy LLC
Legal DescriptionSee data room
County & StateVictoria, TX
Net Income$1,020.69
(6 mo)
$170.12/moSeller Comments: Buyer will have the option to double this lot.
Cash Flow Represents 10.00% of Check StatementsMonthly Income:Nov 2018 - $192.12 (check total $1,921.20)Dec 2018 - $174.48 (check total $1,744.80)Jan 2019 - $192.12 (check total $1,921.23)Feb 2019 - $174.67 (check total $1,746.68)Mar 2019 - $148.12 (check total $1,481.15)Apr 2019 - $139.17 (check total $1,391.73)
Production Breakdown:99.42% - Oil0.58% - Gas0.00% - NGL
Decimal interest breakdown:Henderson Schovajsa #1H - 0.00320000 x 10.00% = 0.000320000Buhler-Schovajsa #1H - 0.00133974 x 10.00% = 0.000133974Henderson-Schovajsa B 2H - 0.00347835 x 10.00% = 0.000347835Henderson-Schovajsa C #3H - 0.00395922 x 10.00% = 0.000395922
Decimal InterestSee comments
Lease NameBuhler-Schovasja, Henders
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #48.1 ORRI
OperatorFrostwood Energy LLC
Legal DescriptionSee data room
County & StateVictoria, TX
Net Income$1,020.69
(6 mo)
$170.12/mo
Cash Flow Represents 10.00% of Check StatementsMonthly Income:Nov 2018 - $192.12 (check total $1,921.20)Dec 2018 - $174.48 (check total $1,744.80)Jan 2019 - $192.12 (check total $1,921.23)Feb 2019 - $174.67 (check total $1,746.68)Mar 2019 - $148.12 (check total $1,481.15)Apr 2019 - $139.17 (check total $1,391.73)
Production Breakdown:99.42% - Oil0.58% - Gas0.00% - NGL
Decimal interest breakdown:Henderson Schovajsa #1H - 0.00320000 x 10.00% = 0.000320000Buhler-Schovajsa #1H - 0.00133974 x 10.00% = 0.000133974Henderson-Schovajsa B 2H - 0.00347835 x 10.00% = 0.000347835Henderson-Schovajsa C #3H - 0.00395922 x 10.00% = 0.000395922
Seller Comments:
Decimal InterestSee comments
Lease NameBuhler-Schovasja, Henders
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #49 Operated Lease
OperatorTrans Pacific Oil Corp
Legal DescriptionSec 35-34S-15W
County & StateBarber, KS
Acres640
GWI100%
NRI81.25%
The Barber county assets (Davis Ranch 3-35, Davis Ranch D, Davis Ranch F, Davis Ranch G, Davis Ranch H and Davis Ranch I) will be sold no reserve and as one unit. It is 2240 acres of leasehold.
May gas sales from the Davis package was 1,297 MCF. No oil is being produced at this time.
Seller Comments:
Lease NameDavis Ranch 3-35
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction508,090 mcf3/25/1996 1 0shut-in010/11/1995Mississippian3-35
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
C-66 12x10 FG water tank
Sentry 114 w/44" hole
153 jts. 2-3/8"
3-35
OperatorTrans Pacific Oil Corp
Legal DescriptionW/2 Sec 26-34S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI76.5625%
Lease NameDavis Ranch D
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,194,658
mcf8/6/1964 shut-in 0shut-in07/27/1964MississippianD 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
Fairbanks 346
12x10 200 bblParkersburg 48-CH709D 10.0 WB5
D 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #48.1 ORRI
OperatorFrostwood Energy LLC
Legal DescriptionSee data room
County & StateVictoria, TX
Net Income$1,020.69
(6 mo)
$170.12/mo
Cash Flow Represents 10.00% of Check StatementsMonthly Income:Nov 2018 - $192.12 (check total $1,921.20)Dec 2018 - $174.48 (check total $1,744.80)Jan 2019 - $192.12 (check total $1,921.23)Feb 2019 - $174.67 (check total $1,746.68)Mar 2019 - $148.12 (check total $1,481.15)Apr 2019 - $139.17 (check total $1,391.73)
Production Breakdown:99.42% - Oil0.58% - Gas0.00% - NGL
Decimal interest breakdown:Henderson Schovajsa #1H - 0.00320000 x 10.00% = 0.000320000Buhler-Schovajsa #1H - 0.00133974 x 10.00% = 0.000133974Henderson-Schovajsa B 2H - 0.00347835 x 10.00% = 0.000347835Henderson-Schovajsa C #3H - 0.00395922 x 10.00% = 0.000395922
Seller Comments:
Decimal InterestSee comments
Lease NameBuhler-Schovasja, Henders
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #49 Operated Lease
OperatorTrans Pacific Oil Corp
Legal DescriptionSec 35-34S-15W
County & StateBarber, KS
Acres640
GWI100%
NRI81.25%
The Barber county assets (Davis Ranch 3-35, Davis Ranch D, Davis Ranch F, Davis Ranch G, Davis Ranch H and Davis Ranch I) will be sold no reserve and as one unit. It is 2240 acres of leasehold.
May gas sales from the Davis package was 1,297 MCF. No oil is being produced at this time.
Seller Comments:
Lease NameDavis Ranch 3-35
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction508,090 mcf3/25/1996 1 0shut-in010/11/1995Mississippian3-35
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
C-66 12x10 FG water tank
Sentry 114 w/44" hole
153 jts. 2-3/8"
3-35
OperatorTrans Pacific Oil Corp
Legal DescriptionW/2 Sec 26-34S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI76.5625%
Lease NameDavis Ranch D
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,194,658
mcf8/6/1964 shut-in 0shut-in07/27/1964MississippianD 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
Fairbanks 346
12x10 200 bblParkersburg 48-CH709D 10.0 WB5
D 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorTrans Pacific Oil Corp
Legal DescriptionW/2 Sec 25-34S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI75.5625%
Lease NameDavis Ranch F
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,337,544
mcf8/13/1964 1 02007/15/1964MississippianF 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
78 jts. 3/4" Arrow C66 12x10 tankLufkin 80DEst 2"x1-1/4"x12'
RWB DV...
152 jts. 2-3/8"
F 1
OperatorTrans Pacific Oil Corp
Legal DescriptionE/2 Sec 36-34S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI76.5625%
Lease NameDavis Ranch G
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction3,442,911
mcf8/17/1964 0 01108/8/1964MississippianG 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
190 jts. 3/4" Fairbanks 503
FG 80 bbl water tank
Alten 160? Rating 20800
2"x1.5"x12' RWB
DV
152 jts. 2-3/8"
G 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorTrans Pacific Oil Corp
Legal DescriptionE/2 Sec 4-35S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI75%
Lease NameDavis Ranch H
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,068,086
mcf1/2/1965 shut-in 0shut-in012/17/1964MississippianH 1-4
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
202 jts. 3/4" C-66 FB 80 bbl water tank
OCS Parkersburg
800
163 jts. 2-3/8"
H 1-4
OperatorTrans Pacific Oil Corp
Legal DescriptionN/2 Sec 2-35S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI75%
Lease NameDavis Ranch I
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,056,113
mcf11/28/1965 shut-in 0shut-in011/15/1965MississippianI 1-2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
112 jts. 5/8" -- 82 jts. 3/4"
Fairbanks 346
12x10 steel tank -- 12x10 FB water
tank
National 80D155 jts. 2-3/8"
I 1-2
Lot #50 Minerals
Legal DescriptionE/2 Sec 9-14S-31W
County & StateGove, KSAcres160 NMA
Seller owns 50% interest in 320 gross mineral acres.Seller Comments:
Gove MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorTrans Pacific Oil Corp
Legal DescriptionW/2 Sec 25-34S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI75.5625%
Lease NameDavis Ranch F
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,337,544
mcf8/13/1964 1 02007/15/1964MississippianF 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
78 jts. 3/4" Arrow C66 12x10 tankLufkin 80DEst 2"x1-1/4"x12'
RWB DV...
152 jts. 2-3/8"
F 1
OperatorTrans Pacific Oil Corp
Legal DescriptionE/2 Sec 36-34S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI76.5625%
Lease NameDavis Ranch G
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction3,442,911
mcf8/17/1964 0 01108/8/1964MississippianG 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
190 jts. 3/4" Fairbanks 503
FG 80 bbl water tank
Alten 160? Rating 20800
2"x1.5"x12' RWB
DV
152 jts. 2-3/8"
G 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
OperatorTrans Pacific Oil Corp
Legal DescriptionE/2 Sec 4-35S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI75%
Lease NameDavis Ranch H
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,068,086
mcf1/2/1965 shut-in 0shut-in012/17/1964MississippianH 1-4
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
202 jts. 3/4" C-66 FB 80 bbl water tank
OCS Parkersburg
800
163 jts. 2-3/8"
H 1-4
OperatorTrans Pacific Oil Corp
Legal DescriptionN/2 Sec 2-35S-15W
County & StateBarber, KS
Acres320
GWI100%
NRI75%
Lease NameDavis Ranch I
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction2,056,113
mcf11/28/1965 shut-in 0shut-in011/15/1965MississippianI 1-2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
112 jts. 5/8" -- 82 jts. 3/4"
Fairbanks 346
12x10 steel tank -- 12x10 FB water
tank
National 80D155 jts. 2-3/8"
I 1-2
Lot #50 Minerals
Legal DescriptionE/2 Sec 9-14S-31W
County & StateGove, KSAcres160 NMA
Seller owns 50% interest in 320 gross mineral acres.Seller Comments:
Gove MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #51 Operated Lease
OperatorGrand Mesa Operating Co
Legal DescriptionNE Sec 18-19S-23W
County & StateNess, KS
Acres160
GWI100%
NRI82.5%
Rothe #2-18 is on the same lease; is the disposal well for the #1-18 (1-SW Tank (200 bbl)).
Sentry 228 Pumping Unit (and electric motor) is not part of sale - but can be purchased separately from operator.
Seller Comments:
Lease NameRothe 1-18 and 2-18
Gross BOPD1.5
Gross BWPD148
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
8/2005 1481.58/20051-18
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
63-7/8"; 101-3/4"
40hp electric motor
2 – WSST (200bbl);1 – GB (210 bbl);1 – SWT (200 bbl)
Sentry 2282″2 7/8″ @ 4100′
5 1/2″ 15 1/2 lb/ft @ 4335′
8 5/8″ 23lb/ft @
211′
1-18
Lot #51.1 ORRI
OperatorGrand Mesa Operating Co
Legal DescriptionNE Sec 18-19S-23W
County & StateNess, KS
Acres160
Net Income$745.20
(12 mo)
$62.10/mo
Decimal Interest0.0195
Lease NameRothe 1-18
Gross BOPD1.5
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #52 Open Minerals
Legal DescriptionSW Sec 33-10S-33W
County & StateThomas, KSAcres40 NMA
This acreage is 3-1/2 miles south and 2 west of Elk Energy's Lipplemann lease (Lot #12).Seller Comments:
Thomas County MineralsLease Name
Lot #53 Mineral RI
OperatorHerman Loeb LLC
Legal DescriptionSE Sec 25-29S-32W
County & StateHaskell, KS
Acres80 NMA
Selling 1/2 interest in the 160 net mineral acres (= 80 net mineral acres).
2012 - 8,317 MCF2013 - 8,797 MCF2014 - 7,944 MCF2015 - 7,235 MCF2016 - 7,080 MCF2017 - 6,491 MCF2018 - 6,418 MCF2019 - 1,483 MCF - Through 3/2019
Seller Comments:
Decimal Interest.015625 = 80/640 x .125 royalty
Lease NameMcClure Unit
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #51 Operated Lease
OperatorGrand Mesa Operating Co
Legal DescriptionNE Sec 18-19S-23W
County & StateNess, KS
Acres160
GWI100%
NRI82.5%
Rothe #2-18 is on the same lease; is the disposal well for the #1-18 (1-SW Tank (200 bbl)).
Sentry 228 Pumping Unit (and electric motor) is not part of sale - but can be purchased separately from operator.
Seller Comments:
Lease NameRothe 1-18 and 2-18
Gross BOPD1.5
Gross BWPD148
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
8/2005 1481.58/20051-18
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
63-7/8"; 101-3/4"
40hp electric motor
2 – WSST (200bbl);1 – GB (210 bbl);1 – SWT (200 bbl)
Sentry 2282″2 7/8″ @ 4100′
5 1/2″ 15 1/2 lb/ft @ 4335′
8 5/8″ 23lb/ft @
211′
1-18
Lot #51.1 ORRI
OperatorGrand Mesa Operating Co
Legal DescriptionNE Sec 18-19S-23W
County & StateNess, KS
Acres160
Net Income$745.20
(12 mo)
$62.10/mo
Decimal Interest0.0195
Lease NameRothe 1-18
Gross BOPD1.5
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #52 Open Minerals
Legal DescriptionSW Sec 33-10S-33W
County & StateThomas, KSAcres40 NMA
This acreage is 3-1/2 miles south and 2 west of Elk Energy's Lipplemann lease (Lot #12).Seller Comments:
Thomas County MineralsLease Name
Lot #53 Mineral RI
OperatorHerman Loeb LLC
Legal DescriptionSE Sec 25-29S-32W
County & StateHaskell, KS
Acres80 NMA
Selling 1/2 interest in the 160 net mineral acres (= 80 net mineral acres).
2012 - 8,317 MCF2013 - 8,797 MCF2014 - 7,944 MCF2015 - 7,235 MCF2016 - 7,080 MCF2017 - 6,491 MCF2018 - 6,418 MCF2019 - 1,483 MCF - Through 3/2019
Seller Comments:
Decimal Interest.015625 = 80/640 x .125 royalty
Lease NameMcClure Unit
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
ELI Wireline Services, LLC1327 Noose Road
Hays, Kansas (785) 628-6395
www.eliwireline.com
Lot #54 Mineral RI
OperatorMerit Energy Co
Legal DescriptionNW Sec 32-30S-34W
County & StateHaskell, KS
Acres26.667 NMA
Selling 1/6 interest in the 160 acres (= 26.667 net mineral acres).
2012 - 27,094 MCF2013 - 26,046 MCF2014 - 25,566 MCF2015 - 23,398 MCF2016 - 20,919 MCF2017 - 22,078 MCF2018 - 21,306 MCF2019 - 5,218 MCF – Through 3/2019
Seller Comments:
Decimal Interest.0052080 = 26.667/640 x .125 royalty
Lease NameChatfield
Lot #55 Operated Lease
OperatorThomas Garner Inc
Legal DescriptionSE Sec 28-26S-17W
County & StateEdwards, KS
Acres160
GWI92.96875%
NRI80.882812%
Also selling with this lease is a .05 override (included with sale).Seller Comments:
Lease NameFisher
Gross BOPD0
Gross BWPD4
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
509,3585/26/1981 4 016010/24/1980Cherokee#115-047-20731
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
16"x5' Mid-
States …
177 3/4" C-46 10x12 200 bbls Fiberglass tank
TS-12 Happy12x1.5153 joints 2-3/8"
4634 ft 4-1/2"560 ft 8-5/8"#115-047-20731
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #56 ORRI
OperatorIndigo Production Co
Legal DescriptionSec 7-9N-13W
County & StateSabine, LA
Acres40.798 + 160 acres
Net Income$5,862.99
(6 mo)
$977.17/mo
Seller Comments: Buyer will have the option to double this lot.5 wells - API: 17-085-22498, 17-085-22494, 17-085-22497, 17-085-22495, 17-085-22244.
Decimal interest: Seller owns a .00063308 decimal interest and is selling in two lots (0.00031654 per lot).
Indigo is the major player in Haynesville having rigs drilling non-stop. These wells average over 12,000' - 20,000' of downhole/plus HZ drilling.
Decimal Interest.00031654
Lease NameWhitney, RMD
Gross MCFD1,100,308 mcf
Lot #56.1 ORRI
OperatorIndigo Production Co
Legal DescriptionSec 7-9N-13W
County & StateSabine, LA
Acres40.798 + 160 acres
Net Income$5,862.99
(6 mo)
$977.17/mo
5 wells - API: 17-085-22498, 17-085-22494, 17-085-22497, 17-085-22495, 17-085-22244.
Decimal interest: Seller owns a .00063308 decimal interest and is selling in two lots (0.00031654 per lot).
Indigo is the major player in Haynesville having rigs drilling non-stop. These wells average over 12,000' - 20,000' of downhole/plus HZ drilling.
Seller Comments:
Decimal Interest.00031654
Lease NameWhitney, RMD
Gross MCFD36,676 mcf
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #54 Mineral RI
OperatorMerit Energy Co
Legal DescriptionNW Sec 32-30S-34W
County & StateHaskell, KS
Acres26.667 NMA
Selling 1/6 interest in the 160 acres (= 26.667 net mineral acres).
2012 - 27,094 MCF2013 - 26,046 MCF2014 - 25,566 MCF2015 - 23,398 MCF2016 - 20,919 MCF2017 - 22,078 MCF2018 - 21,306 MCF2019 - 5,218 MCF – Through 3/2019
Seller Comments:
Decimal Interest.0052080 = 26.667/640 x .125 royalty
Lease NameChatfield
Lot #55 Operated Lease
OperatorThomas Garner Inc
Legal DescriptionSE Sec 28-26S-17W
County & StateEdwards, KS
Acres160
GWI92.96875%
NRI80.882812%
Also selling with this lease is a .05 override (included with sale).Seller Comments:
Lease NameFisher
Gross BOPD0
Gross BWPD4
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
509,3585/26/1981 4 016010/24/1980Cherokee#115-047-20731
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Well # (cont'd)
16"x5' Mid-
States …
177 3/4" C-46 10x12 200 bbls Fiberglass tank
TS-12 Happy12x1.5153 joints 2-3/8"
4634 ft 4-1/2"560 ft 8-5/8"#115-047-20731
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #56 ORRI
OperatorIndigo Production Co
Legal DescriptionSec 7-9N-13W
County & StateSabine, LA
Acres40.798 + 160 acres
Net Income$5,862.99
(6 mo)
$977.17/mo
Seller Comments: Buyer will have the option to double this lot.5 wells - API: 17-085-22498, 17-085-22494, 17-085-22497, 17-085-22495, 17-085-22244.
Decimal interest: Seller owns a .00063308 decimal interest and is selling in two lots (0.00031654 per lot).
Indigo is the major player in Haynesville having rigs drilling non-stop. These wells average over 12,000' - 20,000' of downhole/plus HZ drilling.
Decimal Interest.00031654
Lease NameWhitney, RMD
Gross MCFD1,100,308 mcf
Lot #56.1 ORRI
OperatorIndigo Production Co
Legal DescriptionSec 7-9N-13W
County & StateSabine, LA
Acres40.798 + 160 acres
Net Income$5,862.99
(6 mo)
$977.17/mo
5 wells - API: 17-085-22498, 17-085-22494, 17-085-22497, 17-085-22495, 17-085-22244.
Decimal interest: Seller owns a .00063308 decimal interest and is selling in two lots (0.00031654 per lot).
Indigo is the major player in Haynesville having rigs drilling non-stop. These wells average over 12,000' - 20,000' of downhole/plus HZ drilling.
Seller Comments:
Decimal Interest.00031654
Lease NameWhitney, RMD
Gross MCFD36,676 mcf
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #57 Open Minerals
Legal DescriptionSec 04-22N-05E
County & StatePawnee, OKAcres2.8571 NMA
2.8571 NMA of OPEN MineralsSeller Comments:
Pawnee County MineralsLease Name
Lot #58 Open Minerals
Legal DescriptionSec 26-19N-11E
County & StateTulsa, OKAcres3.5414 NMA
3.5414 NMA of OPEN MineralsSeller Comments:
Tulsa County MineralsLease Name
Lot #59 Open Minerals
Legal DescriptionSee comments.
County & StateJefferson, OKAcres3.9284 NMA (see comments)
Open Minerals:Sec 21-07S-06W - 1.6071 acresSec 28-07S-06W - 1.6071 acresSec 35-07S-07W - 0.7142 acres
Seller Comments:
Jefferson County MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #60 Open Unleased Minerals
Legal DescriptionNE and N/2 SE and N/2 NW and SW NW and S/2 SW and NW SW of Sec 16-16S-30W
County & StateLane, KSAcres110 NMA
Open and unleased. Undivided 110 Net Mineral Acres which is 22.91667% of 480 acres.Seller Comments:
Lane County MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #57 Open Minerals
Legal DescriptionSec 04-22N-05E
County & StatePawnee, OKAcres2.8571 NMA
2.8571 NMA of OPEN MineralsSeller Comments:
Pawnee County MineralsLease Name
Lot #58 Open Minerals
Legal DescriptionSec 26-19N-11E
County & StateTulsa, OKAcres3.5414 NMA
3.5414 NMA of OPEN MineralsSeller Comments:
Tulsa County MineralsLease Name
Lot #59 Open Minerals
Legal DescriptionSee comments.
County & StateJefferson, OKAcres3.9284 NMA (see comments)
Open Minerals:Sec 21-07S-06W - 1.6071 acresSec 28-07S-06W - 1.6071 acresSec 35-07S-07W - 0.7142 acres
Seller Comments:
Jefferson County MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #60 Open Unleased Minerals
Legal DescriptionNE and N/2 SE and N/2 NW and SW NW and S/2 SW and NW SW of Sec 16-16S-30W
County & StateLane, KSAcres110 NMA
Open and unleased. Undivided 110 Net Mineral Acres which is 22.91667% of 480 acres.Seller Comments:
Lane County MineralsLease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Buyers Agreement to Purchase Properties In consideration of the mutual promises contained herein and other valuable consideration, thereceipt and sufficiency of which are hereby acknowledged, Buyer and Mid-Continent Energy Exchange,LLC agree as follows: Buyer agrees that any information provided by Mid-Continent Energy Exchange, LLC is basedupon representations made by the seller of oil and gas properties and that Mid-Continent EnergyExchange, LLC cannot guarantee the completeness, timeliness or accuracy of the information providedby the Seller. No information provided by Mid-Continent Energy Exchange, LLC or contained on itswebsite or any other communication constitutes investment advice. Any decisions based upon theinformation provided by Mid-Continent Energy Exchange, LLC shall be considered with this in mind andthe Buyer has the sole responsibility to do its own due diligence.
PURCHASE OF PROPERTIES: At auction, by sealed bid, or by other purchase or designated salemethod, a Seller may offer properties for sale with or without a minimum reserve sales price. Buyer canmake bids or offers on the property for sale. The Buyer with the highest bid or offer at the ending time andwhose bid or offer meets the minimum sales price (if any) or the Buyer whose bid or offer is accepted bySeller, will be obligated to purchase the property for that price. Buyer agrees to participate as a bidder inthe sale process for the sale of oil and gas properties and any negotiations following the sale process.BUYERS REPRESENTATIONS, AGREEMENTS, WARRANTIES AND ASSURANCES: Buyer agreesthat properties for sale through Mid-Continent Energy Exchange, LLC are not intended or considered tobe securities under the Securities Act of 1933, the Securities Exchange Act of 1934 and all applicablestate securities laws. Buyer hereby acknowledges and agrees that any sale of oil and gas royaltiesthrough Mid-Continent Energy Exchange, LLC is the process of putting a willing Seller in contact with awilling Buyer to facilitate the purchase of oil and gas properties. Buyer represents that he is asophisticated, accredited and qualified investor. Buyer represents, by executing this agreement, that aBuyer is (a) primarily engaged in the business of exploring for or producing oil or gas or other minerals asan ongoing business; (b) by reason of this knowledge or experience, the Buyer will evaluate the merits and risks of the properties to be purchased through Mid-Continent Energy Exchange, LLC and will forman opinion based upon Buyer’s knowledge and experience and not upon any statement, representation orprinted material provided by Mid-Continent Energy Exchange, LLC or its representative; (c) the Buyer isof legal age, has sufficient financial resources in order to bear the risk of loss attached to the purchase ofany property that Buyer bids upon; (d) Buyer has an annual income of $200,000.00 for any natural personin each of the two most recent years or joint income with the persons spouse of not less than $300,000.00in each of those years and has a reasonable expectation of reaching the same income level in the currentyear or Buyer has a net worth or a joint net worth with that persons spouse, at the time of his purchaseexceeding $1,000,000.00 or Buyer is a business entity with total assets in excess of $5,000,000.00, asshown by the business’s most recent prepared financial statements and has sufficient knowledge andexperience in business and financial matters to evaluate the merits and risks of the acquisition of oil andgas property. Buyer has a continuing duty to notify Mid-Continent Energy Exchange, LLC if Buyersubsequently fails to qualify as a sophisticated, qualified and accredited investor. Buyer agrees toindemnify and hold Mid-Continent Energy Exchange, LLC harmless from any and all violations ofapplicable securities laws that result from any misrepresentation of the Buyer being a sophisticated,qualified and accredited investor.
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BUYER’S DUE DILEGENCE AND INDEPENDENT EVALUATION: Buyer hereby acknowledges andagrees that it has the sole responsibility to examine all information concerning ownership and productionof the properties placed for sale through Mid-Continent Energy Exchange, LLC. Further, Buyeracknowledges and agrees that if it requires additional information concerning said properties, Buyer mustcontact Mid-Continent Energy Exchange, LLC or the Seller to obtain requested information prior to thebeginning date of the sale process. If Buyer makes a bid or offer on any property after making a requestfor additional information, Buyer waives the performance of that request. Buyer further agrees that it willmake an independent evaluation of the property and acknowledges that the Seller and Mid-ContinentEnergy Exchange, LLC have made no statements or representations concerning the present or futurevalue or the future income, costs or profits, if any, to be derived from the property. Buyer acknowledges inthat making a bid or offer in the sale process that Buyer has relied solely on its independent examinationof the premises and public records and that Buyer’s bids and offers are based solely on Buyer’sindependent inspections, estimates, computations, evaluations, reports, studies and knowledge of theproperties. Any and all information provided by Seller or Mid-Continent Energy Exchange, LLC in theproperty information sheet or data packages, as well as any other information provided by Seller or MidContinentEnergy Exchange, LLC, are furnished to Buyer at Buyer’s sole risk. Seller and Mid-ContinentEnergy Exchange, LLC do not warrant or represent as to the accuracy or completeness of the datapresented to the Buyer, and the Buyer agrees to indemnify and hold Mid-Continent Energy Exchange,LLC and Seller harmless from any reliance by Buyer on data provided by the Seller and/or Mid-ContinentEnergy Exchange, LLC.CONTRACT COMPLIANCE: Buyer hereby agrees to comply with all applicable joint operatingagreements, unitization agreements, communication agreements and other agreements that pertain tothe ownership of the subject properties. Buyer is fully responsible to obtain waivers of uniformmaintenance under joint operating agreements, if needed, and agrees to indemnify and hold MidContinentEnergy Exchange, LLC, and Seller harmless, if the same are not obtained by Buyer, or waivedby a third party.LESSER INTEREST: If Buyer discovers that the properties conveyed by Seller are of lesser interest thanwhat is represented on the property information sheet and associated data, or any modifications orchanges thereto, Buyer shall send notification to Seller within 60 days from the date of sale whichdescribes the difference in interest accompanied by adequate proof of said lesser interest. Buyer agreesthat within 30 days following the receipt of the notification, Seller will at Seller’s option and by writtennotice to Buyer, (a) refund a pro-rata share of the purchase price based on the amount of the interest losscompared to the total price paid for the full represented interest; or (b) Cure the defect that is attributableto the lesser interest; or (c) rescind the sale and Buyer shall reassign the same back to Seller free from any and all encumbrances of Buyer and Seller will refund the amount paid by Buyer upon execution anddelivery of the assignment from Buyer to Seller.Mid-Continent Energy Exchange, LLC shall be entitled to retain commission paid or payable by Seller andin all events, the Buyer’s sole remedy is against Seller.GAS IMBALANCES: Buyer acknowledges and agrees that properties on which it may bid or make offersmay be subject to gas imbalances pursuant to gas balancing agreements between working interestparties or in the absence of agreements between the working interest parties and the unit. All propertiesshall be sold without warranty on an “as is, where is” basis. No adjustment in the purchase price shall bemade as a result of an inaccuracy in the estimated gas imbalance amount disclosed by Seller. Seller shallprovide information it believes accurate to the status of gas imbalances for the offered properties, butneither Seller nor Mid-Continent Energy Exchange, LLC makes any representations or warranties as tothe accuracy of said information.
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ENVIRONMENTAL LIABILITIES: Buyer hereby acknowledges and agrees that after the date of thisassignment it is responsible for any and all losses attributable to any and all environmental events orimpacts, including without limitation, damage to property, injury or death of persons or things, naturalresource damage, environmental remediation and restoration, costs, fines, or penalties arising out of orattributable to the ownership, condition or operation of the properties purchased by Buyer.ROYALTY, OVERRIDING ROYALTY, WORKING INTEREST, CONTRACTUAL LIABILITIES ANDOPERATION LIABILITIES: Buyer agrees and acknowledges that any and all liabilities relating toobligations to pay royalties, contractual obligations under oil and gas leases, joint operating agreementsand liabilities associated with the ownership, condition and operation of the subject properties become theBuyers liability from the effective date of assignment. Seller shall be liable for its period of ownership priorto the effective date of assignment of the property.NO WARRANTIES (EXPRESS OR IMPLIED): Buyer acknowledges and agrees that it is acquiring theproperties, wells, equipment and other property located thereon from Seller without warranty whatsoever,express, statutory or implied as to the description, title, condition, quality, fitness for purpose,merchantability, or otherwise. Buyer acknowledges and agrees that neither the Seller nor Mid-ContinentEnergy Exchange, LLC, makes any representation or warranty whatsoever as to the physical condition ofthe property nor any statements or representation concerning the present or future value of theanticipated income, cost, or profits, if any, to be derived from the property. Buyer acknowledges andagrees that all property is sold on an “as is, where is” basis.TITLE: Buyer hereby acknowledges and agrees that it has the sole responsibility to examine allinformation concerning title to the property and to conduct its own independent evaluation to ascertain titleto the properties and satisfy itself that the title is marketable, defensible or acceptable. Buyeracknowledges and agrees that it will indemnify and hold Seller and Mid-Continent Energy Exchange, LLCharmless as to the accuracy of any documents of title to the properties. Buyer further acknowledges andagrees that neither Seller nor Mid-Continent Energy Exchange, LLC warrants title, either express orimplied, and that all title to property is on an “as is” basis.CLOSING: Buyer acknowledges and agrees that upon notification from Mid-Continent Energy Exchange,LLC, at Buyer’s successful bid or offer on Seller’s property, Buyer shall tender the total amount of fundsrequired to purchase the property to the designated escrow bank as determined by Mid-Continent EnergyExchange, LLC by either wire transfer, next day delivery or overnight mail, by certified check orpreapproved check from Mid-Continent Energy Exchange, LLC, or hand courier delivery service to thedesignated closing office, all within 48 hours of notification. Buyer agrees that all funds will be held inescrow until Seller provides all executed documents of conveyance to Buyer.BUYERS DEFAULT: Buyer acknowledges and agrees that if it defaults for any reason, Mid-ContinentEnergy Exchange, LLC and Seller shall have all remedies available to them by Kansas law, includingspecific performance declaring the sale void and reselling the property, seeking damages from Buyer,including all costs and reasonable attorneys’ fees resulting from Buyers breach.LAW GOVERNING AGREEMENT: Buyer acknowledges and agrees that this agreement shall begoverned and interpreted in accordance with the laws of the state of Kansas and that proper venue forany disputes arising out of this agreement shall be Sedgwick County, Kansas.NOTICES: Buyer acknowledges and agrees that any notice provided or permitted to be given under thisagreement shall be in writing and mailed to the Buyer at the address appearing above, or to MidContinentEnergy Exchange, LLC at the address appearing above.
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Selected lots in this auction are being sold subject to seller confirmation. If you have any questions
regarding this, please call our office.
Mid-Continent Energy Auction | mceeauction.com | 316-217-8820
7776_MCEE_July2019CatalogCover.indd 2 7/16/19 10:43 AM