May 9, 2017

Sold: Oil & Gas Mineral Rights near Rhame, Bowman County, North Dakota!

Item Id: Mitchell01
Case Name: Mitchell, Dennis L & Irene K
Case Number: 17 30051
Trustee:
Starting Minimum Bid: $4,995

Description: Oil & Gas well mineral rights near Rhame, North Dakota in Bowman County. Debtor holds interest in the rights and the potential royalties. The current Oil/Gas lease holder is USA Oil, LLC of Bismarck, North Dakota. The former lease holder was Denbury Offshore and also KDM Petromanagement.

The Legal Description include the following:

“Bowman County, North Dakota
Township 131 North, Range 105 East
Section 14: SE SE
Section 22: E2 NE2, SW NE
Section 23: SW NE, N2SE, SESE
Section 24: NW/4, NESW
Section 25: S2NW, SW4, S2SE
Section 26: S2SW
Section 35: N2N2

Township 131 North, Range 104 West
Section 30: Lot 4, (36.27), SESW

Township 131 North, Range 105 West
Section 13: SW/4

The lease operator is currently USA Oil, LLC and was, formerly, Denbury Offshore, and KDM Petromanagement. Royalty payments to the debtor have totaled $17,813.99 dating back to May 2016 to the present, This figure represents the amount only paid by Denbury.

Location Info: The location is near Rhame which is south of Williston, ND

Liens: We do not know of any liens.

*Picture is of general area, not representative of actual property.*

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