8/21 MINERAL ONLINE ONLY AUCTION * INCOME PRODUCING

Lippard Auctioneers, Inc.

 

Date(s) 7/22/2018 - 8/21/2018

ENDS Tuesday August 21,2018 starting at 10AM

Past Auction
Online-Only Auction
Bidding Notice:

Terms: 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 representation, either oral or written, of the trustees or Lippard Auctioneers, Inc. The Trustees and Lippard Auctioneers Inc provide no warranties or guarantees either expressed or implied. Trustees: The auction is a bankruptcy ... Show More

Auction Notice:

Terms: 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 representation, either oral or written, of the trustees or Lippard Auctioneers, Inc. The Trustees and Lippard Auctioneers Inc provide no warranties or guarantees either expressed or implied. Trustees: The auction is a bankruptcy ... Show More

Auction Information
Name 8/21 MINERAL ONLINE ONLY AUCTION * INCOME PRODUCING
Auctioneer
Type Online-Only Auction
Date(s) 7/22/2018 - 8/21/2018
Auction Date/Time Info
ENDS Tuesday August 21,2018 starting at 10AM
Preview Date/Time Terms: 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 representation, either oral or written, of the trustees or Lippard Auctioneers, Inc. The Trustees and Lippard Auctioneers Inc provide no warranties or guarantees either expressed or implied. Trustees: The auction is a bankruptcy estate interest and as such the bankruptcy trustees rely for the most part upon the bankruptcy debtor's representation of ownership. The trustees do not have resources to investigate the nature and extent of the oil and gas interest offered for sale.
Checkout Date/Time day of the auction
Location
Buyer Premium 10% Buyer's Premium
Description
See attached PDF's provided by debtors. Terms: 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 representation, either oral or written, of the trustees or Lippard Auctioneers, Inc. The Trustees and Lippard Auctioneers Inc provide no warranties or guarantees either expressed or implied. Trustees: The auction is a bankruptcy estate interest and as such the bankruptcy trustees rely for the most part upon the bankruptcy debtor's representation of ownership. The trustees do not have resources to investigate the nature and extent of the oil and gas interest offered for sale. MI-Mineral Interest OR-Overriding Royalty RI-Royalty Interest SI-Shut-In WI-Working Interest UC-Unclassified Minerals will transfer with Trustee's Mineral Quit Claim Deed. 100% due at the end of the auction by wire transfer. Sales will be confirmed by Bankruptcy Court and trustee will issue you a Trustee's Mineral Quit Claim Deed, feel free to contact trustee. Amy Holloway, Legal Assistant Lyle R. Nelson, Trustee Elias, Books, Brown & Nelson, P.C. Two Leadership Square South 211 N. Robinson, Suite 1300 Oklahoma City, OK 73102 (405) 232-3722 Phone E-mail: amy@lylenelsonlaw.com www.eliasbooks.com
Terms: 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 representation, either oral or written, of the trustees or Lippard Auctioneers, Inc. The Trustees and Lippard Auctioneers Inc provide no warranties or guarantees either expressed or implied. Trustees: The auction is a bankruptcy estate interest and as such the bankruptcy trustees rely for the most part upon the bankruptcy debtor's representation of ownership. The trustees do not have resources to investigate the nature and extent of the oil and gas interest offered for sale.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 500.00 10.00 USD
500.01 - 1,000.00 20.00 USD
1,000.01 - 2,500.00 50.00 USD
2,500.01 - 10,000.00 100.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
Terms: 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 representation, either oral or written, of the trustees or Lippard Auctioneers, Inc. The Trustees and Lippard Auctioneers Inc provide no warranties or guarantees either expressed or implied. Trustees: The auction is a bankruptcy estate interest and as such the bankruptcy trustees rely for the most part upon the bankruptcy debtor's representation of ownership. The trustees do not have resources to investigate the nature and extent of the oil and gas interest offered for sale. Payment will be by Wire transfer
NA
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.