October 1, 2014

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

Item Id: Weight01
Case Name: Weight, Gregory L & Judith A
Case Number: 13 43700
Trustee:
Starting Minimum Bid: $30,000

See Link to Auction
https://www.bkassets.com/auctions/?ult_auc_id=1996

Description: Oil & Gas well royalty interest, and all other rights held under owner # 265059. Operator is Samson Resources Company of Tulsa, Oklahoma. The well names in Garvin County are identified as ‘Ray #1-31, #2-31, and #3-31’.
The Legal Description is: “Section 31, Township 4N, Range 3W.”

Payout amounts have averaged approximately $7,073.13 on an annual basis over the past five years dating back to 2009. (2009-$4,0431.81; 2010-$12,099.69; 2011-$8,011.58; $2012-$5,830.79; 2013-$5,391.84). In 2014, $3,168.21 has been paid, thus far as of 7/25/14. Total payment to current owner since 2009 is $38,533.85.

Division Order and Payout History:
Listing Documents – Samson 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..