October 1, 2014

Sold: Oil & Gas Royalty Interest near Pauls Valley, Garvin County, Oklahoma!

Item Id: Weight02
Case Name: Weight, Gregory L & Judith A
Case Number: 13 43700
Trustee:
Starting Minimum Bid: $5,000
Auction Link: https://www.bkassets.com/ultimate-auction/oil-gas-royalty-interest-near-pauls-valley-garvin-county-oklahoma/

Description: Oil & Gas well royalty interest, and all other rights held under owner # 74167.1. Operator is ONEOK Field Services Company of Tulsa, Oklahoma. The location well name in Garvin County is identified as ‘Noble #1-31’.
The Legal Description is: “N2 of Section 31, Township 4N, Range 3W”.

Payout amounts have averaged approximately $1,361.91 on an annual basis over the past five years dating back to 2009. (2009-$1,429.01; 2010-$1,374.59; 2011-$1,788.81; 2012-$1,095.34; 2013-$1,121.84). In 2014, $1,165.12 has been paid, thus far as of 10/31/14. Total payment to current owner since 2009 is $7,974.71.

Division Order and Payout History:
Listing Documents – OneOk UPDATED

Liens: We are not aware of an 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..