Oil & Gas Rights Auction
39% Int. of 321 AC OG - 256 AC OG Leasing Rights
Online Only - Bidding Ends March 12th - 12:00 PM
Oil & Gas Royalty Auction *Taylor County, WV * Booth Creek * Unleased Royalty Interest * Pruntytown Area * Marcellus Shale Area * Call - Alden Butcher, Auctioneer 304-695-1621
We will be offering 39.88 % +/- int. of 321 Gross Acres of Oil & Gas Royalty located in Northern Taylor County near the intersection of County Rt 16 (Lost Run Rd) and US RT 250 in the Pruntytown area. Executive Leasing Rights Estimated Net Acres: 256 +/- Status: Unleased.
Booth Creek District - Legal: 9999 01-3090-3003 - Under Tax Map 11 Parcel 48
KAUFMAN REALTY & AUCTIONS OF WV
399 W. Main St.
Bridgeport, WV 26330
David Anthony Kaufman, Broker
Auc. Lic #1918
John L. Spiker
Auc. Lic #184
TERMS: Successful bidders will deposit a nonrefundable 10% of the contract price in the form of cashier’s check or wire transfer to Kaufman Realty & Auctions of WV within 48 hours of the close of the Auction.
Notice: This Auction is set to close Tuesday March 12th @ 12:00 Noon & will extend 5 minutes if someone places a bid within the last 5 minutes of the time and will continuously do so until no one bids for that time period. The Auction will close once no bids are placed in that 5-minute time frame.
Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of Wv.
The entirety of the remaining balance is due at closing. Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for all wire transfer fees.
No financing or other contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. 30 days to close. 5% buyer’s premium will be added to the last bid and will determine the final contract price.
Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default.
Buyer’s Premium Example:
Bid Price: $100,000
Plus 5% Buyers Premium: $5,000
Total Contract Price: $105,000
$1 - $50,000
$50,001 - $5,000,000
DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only.
DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.