This Auction has been rescheduled to give all buyers the opportunity to review the latest lease information and perform due diligence. We apologize for any inconvenience. Happy bidding.
NOTICE: The status of these gas & oil rights is different than originally advertised. They are Held By Production and unitized with the Davis Trust SW Well. Due to the recent start of production on this well, there have not been any royalties paid yet. There appear to be .1827 Acres in the unit. Buyer is advised to seek their own counsel and do their own due diligence.
EASTERN OHIO OIL & GAS MINERAL AUCTION
35.52 Acres in Cadiz Township of Harrison County Ohio
- Absolute Auction -
Location: Deersville Ridge Rd. Cadiz OH GPS Coordinates: 40.29053218343315, -81.06191110336368
This Auction has been rescheduled to give all buyers the opportunity to review the latest lease information and perform due diligence. We apologize for any inconvenience. Happy bidding.
Online Only Bidding ends Thursday February 3rd, 2022 February 10th, 2022
Bidding starts closing at 5:00 PM
Offering 35.52 net mineral acres of unleased gas & oil rights in Harrison County. This tract is surrounded by developed wells and has good potential in the oil & gas Utica Shale play in Ohio.
Subject Property: Harrison County, OH. Cadiz Township 100% Undivided interest in 35.52 Acres of Oil & Gas Minerals SITUATED in the State of Ohio, County of Harrison and the Township of Cadiz. Being part of the southwest quarter of Section 24, Township 10, Range 5 * Copy of Deed and Affidavit of Non-Compliance under “Documents” Tab *
Surface Parcel ID # 040000111001
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 agreement 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 any title available for the potential buyers review prior to the auction. 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. Seller is a licensed real estate agent.
NOTICE: The status of these gas & oil rights is different than originally advertised. They are Held By Production and unitized with the Davis Trust SW Well. Due to the recent start of production on this well, there have not been any royalties paid yet. There appear to be .1827 Acres in the unit. Buyer is advised to seek their own counsel and do their own due diligence.
Parcel number is provided as a reference to locate the surface location. The sale includes Oil & Gas Minerals Only NO SURFACE is selling!
FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
KAUFMAN REALTY & AUCTIONS
(855) 439-4111 www.kaufman-auctions.com
Curt Yoder, Partner & Auctioneer
330.204.2447 or [email protected]
