560 NET MINERAL ACRES MEADE COUNTY KANSAS
NO CURRENT LEASE OR PRODUCTION
ONLINE ONLY AUCTION
DEADLINE: 3PM ON SEPT 8TH, 2017

Tract 1

An undivided one-half (1/2) mineral interest in the East Half of the Southwest Quarter (E/2 SW/4) of Section Thirty-three (33), Township Thirty-four (34) South, Range Twenty-eight (28) West of the 6th P.M., Meade County, Kansas. (40 net mineral acres, more or less)

Tract 2

All the mineral interest in the Northeast Quarter (NE/4) of Section Thirty-four (34), T34S, R28W of the 6th P.M., Meade County, Kansas. (160 net mineral acres, more or less)

Tract 3

All the mineral interest in the North Half (N/2) of Section Thirty-five (35), T34S, R28W of the 6th P.M., Meade County, Kansas. (320 net mineral acres, more or less)

Tract 4

An undivided one-half (1/2) mineral interest in the North Half of the Northwest Quarter (N/2 NW/4) of Section Two (2), Township Thirty-five (35) South, Range Twenty-eight (28) West of the 6th P.M., Meade County, Kansas. (40 net mineral acres, more or less)

PROPERTY WILL TRANSFER WITH MINERAL QUIT CLAIM DEED ONLY.



BIDDERS MUST CONDUCT THEIR OWN DUE-DILIGENCE PRIOR TO BIDDING AT THE AUCTION. BIDDERS SHALL RELY UPON THEIR OWN EVALUATIONS OF THE PROPERTIES AND NOT UPON ANY REPRESENTATIONS, EITHER ORAL OR WRITTEN, OF THE SELLER OR LIPPARD AUCTIONEERS, INC. NO WARRANTIES OR GUARANTEES EITHER EXPRESSED OR IMPLIED.

email sealed bid to angie@lippardauctions.com

OPERATING & MINERAL RIGHTS

160 ACRES IN SW 30-2N-9W

88% OPERATING

90% ROYALTY

LEASE $1200 ANNUALLY

ANADARKO BASIN

SWEET CRUDE

NEEDS: SEPARATOR

It steadily makes 1.5-2bbls a day.

revert to family if the Schrader-Clark lease is not making 2 bbls/ day

SEE ATTACHED DIVISION ORDERS.

IRS GROSS PAY:

2014 $40,732

2015 $36,650

Additional info under Documents.

PROPERTY WILL TRANSFER WITH MINERAL QUIT CLAIM DEED ONLY.

BIDDERS MUST CONDUCT THEIR OWN DUE-DILIGENCE PRIOR TO BIDDING AT THE AUCTION. BIDDERS SHALL RELY UPON THEIR OWN EVALUATIONS OF THE PROPERTIES AND NOT UPON ANY REPRESENTATIONS, EITHER ORAL OR WRITTEN, OF THE SELLER OR LIPPARD AUCTIONEERS, INC. NO WARRANTIES OR GUARANTEES EITHER EXPRESSED OR IMPLIED.