Sold: Oil & Gas Mineral Rights near Sidney, Richland County, Montana!

Item Id: Kunda01
Case Name: Kunda, Debra A
Case Number: 18 60989
Starting Minimum Bid:

Description: $2,995

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Location Info: Oil & Gas well mineral rights near Sidney, Montana in Richland County. Debtor holds interest in the minerals rights and affiliated oil/gas leases.

The Legal Description is:

Township 24 North, Range 58 West. M F N
Section 20: SE ¼
Section 21: SW ¼
Section 30: Lots 1,2,3,4,5,6, E ½ NW ¼ W ½ NE ¼

Township 23 North, Range 58 East: M F N
Section 4: SE ¼

According to the leases Section 20 and encompass 320 acres.

The most recent recorded leases affiliated with the right are with Ursa Petroleum, Empire Oil and Kraken Oil. Some of these have been sold and are now leased by other firms including: Newfield Production, P3 Resources, and XTO Energy

Recent royalties to the debtor have been:
$203.82 (2017) from Newfield
$224.56 (2017 from XTO
$4,272.00 (over 5 years) from P3 and Empire Oil

Copies of all leases will be provided to the winning bidder as well as contact information for those firms, and firms that paid royalties to the debtor in 2017 who have purchased leases from previous oil/gas lease holders

Location Info: Sidney is located in far eastern Montana about 7 miles from the stateline with North Dakota

Liens: We are not aware of any liens

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