Item Id: Reiter01
Case Name: Reiter, Bruce A & Debbie J
Case Number: 15 30146
Trustee:
Starting Minimum Bid: $750
Description: Oil & Gas well mineral rights near Fairfield, North Dakota 58627 in Billings County. The lease operator affiliated with these rights is XTO Energy.
1/The Legal Description is: “Township 143, North Range 100, West 5th PM
Section 3 Lots 1 (39.77), 2 (39.79) 3 (39.81), 4 (39.83) S1/2 N1/2, S1/2
Section 4: SE ¼ NW1/4, N1/2SW1/4, SE1/4SW1/4, SE 1/4.
The debtor holds 1/7 remainder interest that is subject to the Life Estate of Olga Reiter mother of the debtor.
In 2013, the lease holder claimed IRS annual income from the royalties of $1,391.00
In 2014, the lease holder claimed IRS annual income from the royalties, of $397; for a total of just under $1,800 for a two year period.
These figures included oil/gas royalties from a separate lease holder in another County not part of this auction
Liens: We do not know of any liens.