Sold: Oil & Gas Mineral Rights with Lease near Hawkeye Township, McKenzie County, North Dakota!

Item Id: Elton02
Case Name: Elton, Mitchell & Michelle
Case Number: 17 30149
Trustee:
Starting Minimum Bid: $3,795

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Division Order:
Hess Division Order and Legal

Payment Stream:
Hess Royalties – Elton02

Description: Oil & Gas well mineral rights near Hawkeye Township, North Dakota in McKenzie County. The rights encompass and undivided 100% interest in all oil, gas, casinghead gas, casinghead gasoline, all liquid hydrocarbons, and other minerals, including but not limited to, Sulphur, caol, gravel, clay, uranium and other ores containing fissionable materials.

The Legal Description is:

‘Township 151 North, Range 95 West, 5th PM
Section 3: E ½, SE ¼; SE ¼, NE ¼ and Lot 1’’

There is a lease holder for the Section 3 rights which is Hess Corporation of Houston, TX

The rights were deeded in a Life Estate by Lenn Arnold Elton, to the debtor. Lenn Elton is now deceased. The debtor now has inherited and owns 1/6 of the total rights

Royalty payments to the debtor were approximately $13,151 during 2017 and 2018

Location Info: The rights are located in Hawkeye Township, McKenzie County, North Dakota

Liens: We are not aware of any liens

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