Auction Information
Southeastern OH Oil and Gas Mineral Rights
Kaufman Realty & Auctions
Southeastern Ohio Oil & Gas Mineral Auction
Attractive Investment Opportunity in Tuscarawas and Carroll Counties Ohio
Online Bidding begins ending Thursday October 3rd, 2024
Begins ending at 6:00 PM w/extended bidding.
Offering an exceptional investment in the volatile oil window of the Utica/Point Pleasant Shale play.
Lot 1: Undivided 50% interest in 34.489 acres of oil and gas mineral rights in the southwest quarter of section 18, T-5 N, Range 3 N in Oxford twp. of Tuscarawas Co.
Surface Parcel #: 44-00668-002
Lease status: HBP
Lot 2: Undivided 50% interest in 118.301 acres of oil and gas mineral rights in the southwest quarter of section 18, T-5, Range 3 N of Oxford twp. Tuscarawas Co.
Surface parcel: 44-00668-000
Lease status: HBP
Lot 3: Undivided 50% interest in 118.301 acres of oil and gas mineral rights in the southwest quarter of section 18, T-5, Range 3 N of Oxford twp. Tuscarawas Co.
Surface parcel: 44-00668-000
Lease status: HBP
Lot 4: 50% undivided interest in 95.02 acres (47.51 net mineral acres) Located in the township of Perry, Carroll Co., part of the southeast and southwest quarters of Section 2, Township 14, Range 6 surface parcel numbers: 28-00665.001 and 28-00665.002
See website for additional information and supporting documents.
Auction Terms: 10% Buyers Premium added to the final bid price to determine the contract price. 10% Non-refundable deposit wired to the Kaufman Realty & Auctions Trust Account within 24 hours of the completion of the auction if purchased online, via phone, or absentee bid. Online, phone and absentee buyers must execute purchase agreements and disclosures and return them to Kaufman Realty & Auctions within 24 hours of the end of the auction. Electronic copies are acceptable. No financing contingencies, in bidding either online, via phone or by absentee bid the bidder is stating they will have funds to close as per terms. Time is of the essence in all closings.
Deposit is refundable in the event the seller is unable to deliver a Limited Warranty Oil & Gas Mineral Deed and Title that parallels the terms of the lease and status of minerals as advertised prior to the auction closing. Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed. Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts. Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase prior to bidding.
Parcel numbers are provided as a reference to locate the surface location. The sale includes Oil & Gas minerals only, NO SURFACE is selling! All bids are per acre x the acreage in said lot.
FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
Jason L. Miller Partner/ Auctioneer (740) 541-7475 or jason.miller@kaufmanrealty.com
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