Item Id: Gaylor01
Case Name: Gaylor, Gene R & Kathryn K
Case Number: 11 07400
Trustee:
Starting Minimum Bid: $2,000

Description: Estate’s interest in 7 separate mineral rights contracts. The contracts are with Chesapeake Exploration , LLC.; Texhoma Land Consultants, Inc Questar Exploration, and Rockerford Energy Partners III, LLC. The total annual payouts have averaged $671.71 over the past three years. The contracts are:
Chesapeake Exploration-Section #20-16N-23W – 0.489381 Net Acres -average $97.97 annual payout. Section #19-16N-23W – 0.09768 Net Acres – average $24.24 annual payout.
Texhoma Land Consultants-Section 4-16N-23W – 2.63353 Net Acres – Average $14.68 annual payout. Section #21-16N-23W – 2.63353 Net Acres – Average $10.83 annual payout. Section #17-16N-23W – 2.63353 Net Acres – Average $79.34 annual payout.
Rockerford Energy Partners – Section #09-16N-23W – 0.952381 Net Acres – average $190.48 annual payout. Section #16-16N-23W – 1.269842 – average $253.97 annual payout.
Copy of the Division Order and Payout History will be linked closer to start of auction.

The oil wells are located in Roger Mills and Ellis Counties.

Liens: We do not know of any other liens.

Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..