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Oil & Gas
AuctionAugust 30th, 2018
Lunch catered by Doo Dah Diner at 12:30PMAuction starts promptly at 1:10PM
The Wichita Boathouse515 S. Wichita StreetWichita, KS 67202
Selected lots in this auction are being sold subject to seller confirmation. If you have any questions regarding this please
call our office.
Auction Lot Information Guide
Auction Begins at
1:10PM!
O i l & G a s A s s e t A u c t i o n s
For tax savings call 785-623-0473
Landman Taylor Hess- 316-393-2285
Oil & Gas Consulting- Lesli Baker- 913-980-8207
Oil and Gas Attorney Tyler Turner- 785-628-8226
Our Sponsors
Drilling Fluids- Andy Werth- 785-625-3531
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Buffet SponsorsMid-Continent Energy Exchange thanks Palomino Petroleum, WW
Drilling, and Western Kansas Dirt Construction
Elite Oil & Gas Explorer Since 1969- 316-799-1000
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Serving North America with Premier Customer Service- 785-743-6774
Lot Lease name Interest Type County, State Operator1 Mendenhall #5 ORRI Lane, KS Palomino Petroleum Inc.2 Maslo #1 ORRI Ness, KS Palomino Petroleum Inc.3 Lot Removed4 Leonard Norton #1 ORRI Ness, KS Palomino Petroleum Inc.5 Winans ORRI Kingfisher, OK6 Leddy & Beasly PWI Roger Mills, OK Apache Corporation7 Stevenson Trust #1 ORRI Gove, KS Palomino Petroleum Inc.8 Uehling-Schwien #1 ORRI Ness, KS Palomino Petroleum Inc.9 Lot Removed10 Boucher 1 Operated Lease Rooks, KS Meridian Energy, Inc.11 Darnell 1 Operated Lease Graham, KS Meridian Energy, Inc.12 Cox B ORRI Harper, KS Edmiston Oil Company, Inc.13 Lauterbach ORRI Harper, KS Edmiston Oil Company, Inc.14 Lot Removed15 Lot Removed16 Hrencher ORRI Barber, KS Blessed Operating, LLC17 Cynthia Rieman Operated Lease Barton, KS Edison Operating Company, LLC18 Matson/Bartholomew RI/ORRI Kingman/
Sedgwick, KSPickrell Driling Co., Inc.Novy Oil & Gas, Inc.
19 Lot Removed20 Lot Removed21 Jebito/William ORRI Blaine, OK Monty L. Hott Production Corp.22 Lot Removed23 Combs RI Pratt, KS Ritchie Exploration, Inc.24 Edwards RI Wheeler, TX Fourpoint Energy, LLC25 Miller 1-10 ORRI Major, OK TE-RAY Resources, LLC26 Mary B 2-19 PWI Woods, OK Chesapeake Operating, LLC27 Borsodi #2 ORRI + RI Brazoria, TX Elliott Oil & Gas Operating Co.28 Austin F 1-15 PWI Canadian, OK Chesapeake Operating, LLC29 Bauer 1-14 PWI Custer, OK Unit Petroleum Company30 Robin Lea 34 PWI Ellis, OK EOG Resources, Inc.31 Bergman Minerals Royalty Interest Harper, KS American Warrior32 Bergman Minerals Open Mineral
AcresHarper, KS
Table of Contents for August 30th, 2018 AuctionAuction starts promptly at 1:10PM!
Lot Lease name Interest Type County, State Operator33 Bergman Minerals Open Mineral
AcresHarper, KS
34 Bergman Minerals Open Mineral Acres
Harper, KS
35 Bergman Minerals Open Mineral Acres
Harper, KS
36 Bergman Minerals Open Mineral Acres
Harper, KS
37 Bergman Minerals Open Mineral Acres
Harper, KS
38 Bergman Minerals Open Mineral Acres
Harper, KS
39 Bergman Minerals Open Mineral Acres
Harper, KS
40 Grossardt ORRI Barton, KS C&K Oil41 ARKALON GRAZING
ASSOCIATIONRI Seward, KS Edison Operating Company LLC
42 Swob 1 ORRI Rush, KS Black Stone Petroleum LLC43 Swob 1 ORRI Rush, KS Black Stone Petroleum LLC44 Munz PWI Stafford, KS Castle Resources, Inc.45 LJ Dreiling PWI Ellis, KS Castle Resources, Inc.46 Zelda #1 PWI Love, OK L.E Jones Operating47 Folks 2-24 PWI Custer, OK Ward Petroleum Corporation48 Champs-Rowe & Wilson PWI Barber, KS Pickrell Drilling Company49 LMRA Mont Del B Unit RI Tarrant, TX XTO Energy, Inc.50 Browning Heirs RI/ORRI Duval/Nueces,
TXDouble Play Oil & Gas Inc.
51 E&E, Hess-Christy, Stoll ORRI Logan, Gove, Scott, KS
Grand Mesa Operating
5253 Doornbos ORRI Scott, KS Grand Mesa Operating54 Hoss ORRI Ness, KS Grand Mesa Operating55 DBY ORRI Scott, KS Grand Mesa Operating55b Breit-Hoss #1-22 ORRI Scott, KS Grand Mesa Operating56 Houston Gamble Everhart RI DeSoto, LA Covey Park Gas LLC,
Indigo Minerals LLC57 Parker Estate Operated Lease Russell, KS Younger Energy Company
Table of Contents for August 30th, 2018 AuctionAuction starts promptly at 1:10PM!
Lot Lease name Interest Type County, State Operator58 WOLF B4 ORRI Sumner, KS Endeavor Energy Resources, LP59 OKARCHE 1H-12X ORRI Canadian, OK Newfield Exploration60 Manchin Operated Lease Russell, KS Loewen Operator Inc.61 Preisser Farms Unit #1 ORRI Reno, KS Palomino Petroleum, Inc.62 Stark & Stark Gas Unit RI Freestone, TX XTO63 Slover J ORRI Ness, KS American Warrior64 Upper Morrow ORRI Hansford, TX Strat Land Exploration65 Spencer Anadarko RI Ohiltree, TX Mewbourne Oil Company66 SKYY #2-33HC WI Rogermills,
OKApache Corp
67 Ratzlaff #3-8 Lease WI Beaver, OK Raydon Exploration68 Panda Marble Winston WI Seminole, OK Hinkle Oil & Gas, Inc.69 Creten Schmidt ORRI Douglass,
Trego, KSGrand Mesa
70 Hess 4-32 ORRI Gove, KS Grand Mesa71 Mitch 1-34 ORRI Gove, KS Grand Mesa71a Mitch 1-34 ORRI Gove, KS Grand Mesa72 Young 1-10 ORRI Coffey, KS Alta Vista Energy72a Young 1-10 ORRI Coffey, KS Alta Vista Energy73 Phelps 3-31 ORRI Gove, KS Grand Mesa74 Hess 2-32 ORRI Gove, KS Grand Mesa75 CBCF-31 ORRI Trego, KS Northstar76 Phelps 2-31 ORRI Gove, KS Grand Mesa77 Arrow C66 Engine Equipment McPherson, KS78 3D Family Hanna ORRI Gove, KS Palomino Petroleum78a 3D Family Hanna ORRI Gove, KS Palomino Petroleum79 G Anderson #1-26 ORRI Logan, KS Grand Mesa Operating79a G Anderson #1-26 ORRI Logan, KS Grand Mesa Operating80 Glennis #1-27 ORRI Gove, KS Grand Mesa Operating80a Glennis #1-27 ORRI Gove, KS Grand Mesa Operating
Table of Contents for August 30th, 2018 AuctionAuction starts promptly at 1:10PM!
Lot Lease name Interest Type County, State Operator81 Glennis #4-27 ORRI Gove, KS Grand Mesa Operating81a Glennis #4-27 ORRI Gove, KS Grand Mesa Operating82 G&M #1-25 ORRI Logan, KS Grand Mesa Operating82a G&M #1-25 ORRI Logan, KS Grand Mesa Operating83 Hess #2-33 ORRI Gove, KS Grand Mesa Operating83a Hess #2-33 ORRI Gove, KS Grand Mesa Operating84 Klaus #1-33 ORRI Gove, KS Grand Mesa Operating84a Klaus #1-33 ORRI Gove, KS Grand Mesa Operating85 Klaus-Hess #1-33 ORRI Gove, KS Grand Mesa Operating85a Klaus-Hess #1-33 ORRI Gove, KS Grand Mesa Operating86 Phillip 1-26 ORRI Gove, KS Grand Mesa Operating86a Phillip 1-26 ORRI Gove, KS Grand Mesa Operating87 TRS Hanna ORRI Gove, KS Grand Mesa Operating87a TRS Hanna ORRI Gove, KS Grand Mesa Operating88 Wilma #1-26 ORRI Gove, KS Grand Mesa Operating88a Wilma #1-26 ORRI Gove, KS Grand Mesa Operating89 Pearson RI Cowley, KS Petroleum Property Services Inc89a Pearson RI Cowley, KS Petroleum Property Services Inc90 Duff #A1 ORRI Logan, KS Pickrell Drilling Company, Inc.91 Honeywell Package Operated Lease Douglas &
Miami, KSHoney Well LLC
92 Davis Ranch K Operated Lease Barber, KS VT Energy Partners, LLC93 Woydziak/Eudora Operated Lease Barton, KS94 Beach 1-18 Operated Lease Ellis, KS American Oil LLC95 Patricia Pope Whaley RI Harrison, TX BP America Production Company96 Ummel PWI Ness, KS Vess Oil97 Linn ORRI Ness, KS L.D. Drilling, Inc.
Table of Contents for August 30th, 2018 AuctionAuction starts promptly at 1:10PM!
Lot Lease name Interest Type County, State Operator98 P-D #1-27 ORRI Gove, KS Grand Mesa Operating98a P-D #1-27 ORRI Gove, KS Grand Mesa Operating99 Rolf 1-10 ORRI Coffey, KS Grand Mesa Operating99a Rolf 1-10 ORRI Coffey, KS Grand Mesa Operating100 Britt Huff Ranch RI Wheeler, TX LE Norman Operating LLC
Table of Contents for August 30th, 2018 AuctionAuction starts promptly at 1:10PM!
Drilling Fluids- Andy Werth- 785-625-3531
MCEE is a proud KIOGA memberKansas Independent Oil & Gas Association-
Kelly Rains- 316-651-7982
MCEE is proud to have properties in this auction operated by the fol-lowing list of operators!
Alta Vista EnergyAmerican Oil LLCAmerican Warrior
Apache CorpBlack Stone Petroleum LLC
Blessed Operating, LLCBP America Production Company
C&K OilCastle Resources, Inc.
Chesapeake Operating, LLCCovey Park Gas LLC,
Double Play Oil & Gas Inc.Edison Operating Company, LLC
Edmiston Oil Company, Inc.Elliott Oil & Gas Operating Co.
Endeavor Energy Resources, LPEOG Resources, Inc.
Fourpoint Energy, LLCGrand Mesa Operating
Hinkle Oil & Gas, Inc.Honey Well LLC
Indigo Minerals LLCL.D. Drilling, Inc.
L.E Jones OperatingLoewen Operator Inc.
Meridian Energy, Inc.Mewbourne Oil Company
Monty L. Hott Production Corp.Newfield Exploration
NorthstarNovy Oil & Gas, Inc.
Palomino Petroleum, Inc.Petroleum Property Services Inc
Pickrell Driling Co., Inc.Raydon Exploration
Ritchie Exploration, Inc.Strat Land Exploration
TE-RAY Resources, LLCUnit Petroleum Company
Vess OilVT Energy Partners, LLC
Ward Petroleum CorporationXTO Energy, Inc.
Younger Energy Company
Landman Taylor Hess- 316-393-2285
Lot #1Lease Name Type Operator Legal DescriptionMendenhall #6 ORRI Palomino Petroleum Inc. NE Sec 3 16S 27WCounty & State Decimal Interest Acres OpEx Income (3.5mo)Lane, KS 0.0060764 440 $3,530.66Seller comments $1,008.76/moLKC producer w/multiple zones behind pipe confirmed by DST’s. ORRI includes multiple development locations confirmed on 3D seismic and spans 440 acres. GREAT OPPORTUNITY!!Click here for additional information
Lot #2Lease Name Type Operator Legal DescriptionMaslo #1 ORRI Palomino Petroleum Inc. NE Sec 9 17S 25WCounty & State Decimal Interest Acres OpEx Income (3.5mo)Ness, KS 0.0032986 160 $742.41Seller comments $212.12/moFort Scott Limestone producing 35 to 45 BOPD. This reservoir has long life potential, and a 3D confirmed development location.Click here for additional information
Lot 3 RemovedLot #4
Lease Name Type Operator Legal DescriptionLeonard Norton #1 ORRI Palomino Petroleum Inc. NE Sec 9 16S 26WCounty & State Decimal Interest Acres OpEx Income (2.5mo)Ness, KS 0.0060764 160 $302.31Seller comments $120.92/moSteady Mississippian Dolomite producer, with good development potential confirmed by 3D seismic.Click here for additional information
Lot #5Lease Name Type Operator Legal DescriptionWinans ORRI DCPCounty & State Decimal Interest Acres OpEx Income (12mo)Kingfisher, OK .0075 $123.60Seller comments $10.3015-20 MCFDHot areaPossible rework
Lot #6Lease Name Type Operator Legal DescriptionLeddy #2-34 PWI Apache Corporation Sec 34 16S 23WCounty & State GWI NRI OpEx (12mo) Income (12mo)Roger Mills, OK .0537500 .0447916 $580 $838Seller comments $48.33/mo $69.83/moWellbore Only
Lease Name Type Operator Legal DescriptionBeasly #2 PWI Veenker Resources Sec 28 23S 06WCounty & State GWI NRI OpEx (12mo) Income (12mo)Garfield, OK .03 .0261 $290 $345Seller comments $24.17/mo $28.75/moLease Included
Lease Total (12mo) Operating Expenses: $870 ($72.50/mo) Income: $1,183 ($866.75/mo)
Lot #7Lease Name Type Operator Legal DescriptionStevenson Trust #1 ORRI Palomino Petroleum Inc. NE Sec 9 13S 31WCounty & State Decimal Interest Acres OpEx (2mo) Income (2mo)Gove, KS 0.0060764 160 $306.08Seller comments $153.04/moCherokee Group production, 18 BOPD +. ORRI includes 160 acres with development locations and behind pipe pay zones confirmed by 3D seismic and DST.Click here for additional information
Lot #8Lease Name Type Operator Legal DescriptionUehling-Schwien #1 ORRI Palomino Petroleum Inc. NE Sec 11 20S 22WCounty & State Decimal Interest Acres OpEx Income (2mo)Ness, KS 0.0060764 320 $241.60Seller comments $120.80/moSteady oil production from the Miss (Osage). ORRI includes 320 acres with potential development locations confirmed by 3D seismic.Click here for additional information
Lot 9 RemovedLot #10
Lease Name Type Operator Legal DescriptionBoucher 1 Operated Lease Meridian Energy, Inc SW Sec 19 9S 19WCounty & State GWI NRI OpEx Income (7mo)Rooks, KS 100% 82.5% $12,215.16Seller comments $1,745.02/mo159 Acres MOL23.7 Oil Gravity2.5 BOPDWell was worked over - Small polymer squeeze was doneJan-Aug 2018 loe, (excluding May and June which had workover charges) averaged $1782.00.
Gross Income $29,045.79 last 7 months. Loe $37,214.81 including rework expenses of $20,384.18. Net income excluding rework= $12,215.16
Click here for additional information
MCEE is a proud KIOGA memberKansas Independent Oil & Gas Association-
Kelly Rains- 316-651-7982
Lot #11Lease Name Type Operator Legal DescriptionDarnell 1 Operated Lease Meridian Energy, Inc E/2 SE Sec 16 9S 21WCounty & State GWI NRI OpEx (6mo) Income (6mo)Graham, KS 100% 80% $15,546.57 $29,556.61Seller comments $2,591.09/mo $4,926.10/mo80 Acres26.8 Oil Gravity2.51 BOPD
Click here for additional information
Lot #12Lease Name Type Operator Legal DescriptionCox B ORRI Edmiston Oil Company, Inc. E/2 E/2 SE Sec 5 13S 9WCounty & State Decimal Interest Acres OpEx Income (3mo)Harper, KS 0.0045573000 $12.88Seller comments $4.29/mo2013 - 7,569 MCF2014 - 7,568 MCF2015 - 10,600 MCF2016 - 7,247 MCF2017 - 5,377 MCF
Lot #13Lease Name Type Operator Legal DescriptionLauterbach ORRI Edmiston Oil Company, Inc. C E/2 NW Sec 8 31S 9WCounty & State Decimal Interest Acres OpEx Income (3mo)Harper, KS 0.0022786000 $22.40Seller comments $7.47/mo2013 - 32,717 MCF2014 - 29,278 MCF2015 - 21,297 MCF2016 - 22,011 MCF2017 - 16,031 MCF
Lot 14 RemovedLot 15 Removed
Lot #16Lease Name Type Operator Legal DescriptionHrencher ORRI Blessed Operating, LLC NW SW NW Sec 11 32S 10WCounty & State Decimal Interest Acres OpEx Income (16mo)Barber, KS 0.0017090000 $60.96Seller comments $3.81/mo2014 - 12,080 MCF2015 - 9,896 MCF2016 - 10,938 MCF2017- 10,346 MCF2018- 3,302 MCF (to April)
Lease Name Type Operator Legal DescriptionHrencher RI Blessed Operating, LLC NW SW NW Sec 11 32S 10WCounty & State Decimal Interest Acres OpEx Income (14mo)Barber, KS 0.006429000 $207.20Seller comments $14.80/mo
Lot Total Income: $18.61/mo
Superior Service throughout the Mid-Continent- 620-872-DIRT
Serving North America with Premier Customer Service- 785-743-6774
Lot #17Lease Name Type Operator Legal DescriptionCynthia Rieman Operated Lease Edison Operating
Company, LLCSec 4 17S 11W
County & State GWI NRI OpEx (18mo) Income (18mo)Barton, KS 100% 81.25% $27,922.81 $95,870.25Seller comments $1,551.27/mo $5,326.13/moThis lease has a long history of production in the Kraft Prusa field in Barton Co, KS from the Arbuckle zone. The Cynthia Riemann has produced in excess of 330,000 barrels of oil from 1941 to date in 2018. The lease has been easy and inexpensive to operate and has averaged approximately 5 bopd for the past 8 years. This lease is a very steady producer with low maintenance requirements. Disposal is easy and inexpensive. The NET income off this lease has averaged approximately $3,800 per month for the past 18 months. Average price received for oil in 2017 was $45.40 and the average price for 2018 has been $59.90. This lease produces 39 - 40 gravity oil consistently. At current oil prices the profit potential on this lease is very very good.
Taxes: $278.40
Equipment:• Tank Battery- 2- 12’x 10’ Stock Tanks, 1- 10’ x 15’ Gun Barrel• 114 Series Pump Unit w/ Electric Prime Mover• 100 Jts 2 7/8” Tbg• 2 1/2 x 2 x 12’ RWBC BHP• 125 7/8” Rod string• SW to Damar Resources-Rieman SWD - 150 bwpd Auction Comments: This property is without a doubt the highest quality lease we have consigned since starting the company. The economics are excellent, the production is excellent and steady, the decline is excellent, the lease is easy to operate. Mid-Continent Energy Exchange is proud to feature this as a Marquee, 5 Star property.
Click here for additional information.Net Profit (18mo) - $67,947.43 ($3,774.85 per mo)
Oil and Gas Attorney Tyler Turner- 785-628-8226
Lot #18Lease Name Type Operator Legal DescriptionMatson Estate RI Pickrell Drilling Co., Inc C NE NW Sec 31 29S 6WCounty & State Decimal Interest Acres Income (16mo) Income (16mo)Kingman, KS 0.0011393 Oil: $65.00 Gas: $26.25Seller comments $4.06/mo $1.64/moOil Production2017 - 781 BBL - $46.262018 - 317 BBL - $18.18 (3mo)
Gas Production2017 - 4,302 MCF - $12.252018 - 1,460 MCF - $4.15 (4mo)
Lease Name Type Operator Legal DescriptionBartholomew Unit RI Novy Oil & Gas, Inc. Sec 30 27S 4WCounty & State Decimal Interest Acres OpEx IncomeSedgwick, KS 0.0001472Seller comments $100/mo2018 - 4772017 - 1,038
Lease Name Type Operator Legal DescriptionBartholomew Unit ORRI Novy Oil & Gas, Inc. Sec 30 27S 4WCounty & State Decimal Interest Acres OpEx IncomeSedgwick, KS 0.0000933Seller comments2017 - 1,0382018 - 477 (4mo)
Total Lot Income: $105.70/mo
Lot #21Lease Name Type Operator Legal DescriptionJebito 1-22/William 1-22
ORRI Monty L. Hott Production Corporation
Sec 22 16N 13W
County & State Decimal Interest Acres OpEx Income (11mo)Blaine, OK Oil: 0.04340862
Gas: 0.03234622$1,489.77
Seller comments $135.43/moWellbore onlyHigh producing countyIncome is through June 2018
Lot #23Lease Name Type Operator Legal DescriptionCombs RI Ritchie Exploration, Inc. SE SW NW Sec 26 29S 13WCounty & State Decimal Interest Acres OpEx Income (14mo)Pratt, KS 0.002604200 $250.51Seller comments $17.89/mo
Lot #24Lease Name Type Operator Legal DescriptionEdwards 1056H, 2056H, 3056H, 4056H, 5056H
RI Fourpoint Energy, LLC Sec 56 Block A-4, H+GN RR Company Survey
County & State Decimal Interest Acres OpEx Income (8mo)Wheeler, TX 0.00390626 $2,265.83Seller comments $283.23/moProduction through July, 2018Click here for additional information
Lot #25Lease Name Type Operator Legal DescriptionMiller 1-10 ORRI TE-RAY Resources, LLC Sec 10 21N 11WCounty & State Decimal Interest Acres OpEx Income (12mo)Major, OK 0.016688 $437.76Seller comments $36.48/moWellbore onlyProduction through May, 2018Click here for additional information
Lot #27Lease Name Type Operator Legal DescriptionBorsodi #2 ORRI + RI Elliott Oil & Gas Operating
CompanyKR Ehrmana Survey, A-457
County & State Decimal Interest Acres OpEx Income (6mo)Brazoria, TX OI: .00128175
RI: 0.0002848$459.15
Seller comments $76.53/moProduction through April, 2018Click here for additional information
Lot #26Lease Name Type Operator Legal DescriptionMary B 2-19 PWI Chesapeake Operating, LLC NE NE SW NE Sec 19 24N 16WCounty & State GWI NRI OpEx (9mo) Income (9mo)Woods, OK 0.05 0.039731 $1,083.80 $703.11Seller comments $120.42/mo $78.12/moProduction through April, 2018.Check dates through June, 2018.High producing county.
Lot #28Lease Name Type Operator Legal DescriptionAustin F 1-15 PWI Chesapeake Operating, LLC SW Sec 15 13N 10WCounty & State GWI NRI OpEx (9mo) Income (9mo)Canadian, OK 0.05 0.04 $1,420.42 $1,924.58Seller comments $157.82/mo $213.84/moProduction through April, 2018.Check dates through June, 2018.High producing county.Click here for additional information
Lot #29Lease Name Type Operator Legal DescriptionBauer 1-14 PWI Unit Petroleum Company Sec 14 12N 15WCounty & State GWI NRI OpEx (9mo) Income (9mo)Custer, OK 0.0014788 0.001279 $93.44 $187.36Seller comments $10.38/mo $20.82/moWorkover done Aug 2017Normal income and expenses are $20.82 + 4.34 per month average: $16.48/mo. Production is through April, 2018.Click here for additional information
Lot #30Lease Name Type Operator Legal DescriptionRobin Lea 34 #1H & #2H PWI EOG Resources, Inc. Sec 34 18N 24WCounty & State GWI NRI OpEx IncomeEllis, OK 0.00031251 0.0002348Seller commentsThese wells were bought as part of a large package. These wells average $10+ month in net income in 2018. EOG proposed drilling 2 new Marmaton wells (Miller 0334 #3 and #4). The DHC of $429.69 was already paid for each well ($859.38 total). The Miller wells are spaced on 2 secionts (1,280) so WI in them is 0.00015625. Buyer will be responsible for DHC over AFE’s and completion costs for Miller wells. We believe the lease has depth restrictions below the marmation. EOG was planning on spudding these wells during 2018.
Lot #31Lease Name Type Operator Legal DescriptionBergman Minerals Royalty Interest American Warrior NW Sec 22 32S 7WCounty & State Decimal Interest Seller CommentsHarper, KS .125 Well drilled in 2008 producing 55MCF/day and 1BOPD
Contains 160 Net Mineral Acres
2018 Production Gas OilJan 1,616 28.39Feb 1,854 23.38 Mar 1,663 21.71Apr 1,547 18.37
Click here for additional information.2017 income average:
$638/mo
Lot #32Lease Name Type Operator Legal DescriptionBergman Minerals Open Mineral
AcresNE Sec 16 32S 7W
County & State Acres Seller CommentsHarper, KS 160 MOL
Lot #33Lease Name Type Operator Legal DescriptionBergman Minerals Open Mineral
AcresSE Sec 27 32S 7W
County & State Acres Seller CommentsHarper, KS 160 MOL
Lot #34Lease Name Type Operator Legal DescriptionBergman Minerals Open Mineral
AcresSW Sec 26 32S 7W
County & State Acres Seller CommentsHarper, KS 160 MOL
Lot #35Lease Name Type Operator Legal DescriptionBergman Minerals Open Mineral
AcresS/2 SE Sec 26 32S 7W
County & State Acres Seller CommentsHarper, KS 80 MOL
Lot #36Lease Name Type Operator Legal DescriptionBergman Minerals Open Mineral
AcresNW Sec 23 32S 7W
County & State Acres Seller CommentsHarper, KS 160 MOL
Lot #37Lease Name Type Operator Legal DescriptionBergman Minerals Open Mineral
AcresNE NW Sec 33 32S 7W
County & State Acres Seller CommentsHarper, KS 40 MOL
Lot #38Lease Name Type Operator Legal DescriptionBergman Minerals Open Mineral
AcresW/2 SE Sec 10 32S 7W
County & State Acres Seller CommentsHarper, KS 80 MOL
Lot #39Lease Name Type Operator Legal DescriptionBergman Minerals Open Mineral
Acres32S 7W
County & State Acres Seller CommentsHarper, KS 840 MOL This lot is a combination of lots 32 through 38.
Lot #40Lease Name Type Operator Legal DescriptionGrossardt ORRI C&K Oil S2 SE SW Sec 10 17S 11WCounty & State Decimal Interest Acres OpEx IncomeBarton, KS 0.02734380Seller comments5/18- $300.093/18- $275.41
Feb 2017 172.38 BBLApril 2017 156.2 BBLJuly 2017 161.41 BBLSept 2017 164.89 BBLDec 2017 170.58 BBLMarch 2018 173.8 BBL
Lot #41Lease Name Type Operator Legal DescriptionARKALON GRAZING ASSOCIATION
RI Edison Operating Company LLC
W2 SW SW Sec 34 33S 32W
County & State Decimal Interest Acres OpEx IncomeSeward, KS 0.00781200Seller commentsYear Month MCF2017 11 828 2017 12 853 2018 1 816 2018 2 609 2018 3 629
Lot #42Lease Name Type Operator Legal DescriptionSwob 1 ORRI Black Stone Petroleum LLC SW Sec 26 18S 16WCounty & State Decimal Interest Acres OpEx Income (11mo)Rush, KS 0.005 160 $1,992.49Seller comments $181.14/moThere were gas shows during the drilling of the Swob wells. The Swob is in the Otis-Albert Field, which is famous for its helium production. There are 2 additional locations identified by 3D seismic and one of these has an approved drilling intent on file with the KCC. The #2 well is strategically located for future EOR in the Reagan Sand. H2Oil successfully drilled and completed a horizontal Reagan Sand well a couple of sections over from the Swob Lease.Oil purchased by Shell and BlackRock Midstream.17-May 811.67 BBL17-Jun 1,449.25 BBL17-Jul 1,735.09 BBL17-Aug 2,400.91 BBL17-Sep 2,414.8 BBL17-Oct 2,287.93 BBL17-Nov 1,638.86 BBL17-Dec 1,461.52 BBL18-Jan 1,361.31 BBL18-Feb 967.94 BBL18-Mar 982.6 BBL18-Apr 964.0 BBL
Click here for additional informationLot #43 is an identical interest in this lease.
Lot #43Lease Name Type Operator Legal DescriptionSwob 1 ORRI Black Stone Petroleum LLC SW Sec 26 18S 16WCounty & State Decimal Interest Acres OpEx Income (11mo)Rush, KS 0.005 160 $1,992.49Seller comments $181.14/moThere were gas shows during the drilling of the Swob wells. The Swob is in the Otis-Albert Field, which is famous for its helium production. There are 2 additional locations identified by 3D seismic and one of these has an approved drilling intent on file with the KCC. The #2 well is strategically located for future EOR in the Reagan Sand. H2Oil successfully drilled and completed a horizontal Reagan Sand well a couple of sections over from the Swob Lease.Oil purchased by Shell and BlackRock Midstream.17-May 811.67 BBL17-Jun 1,449.25 BBL17-Jul 1,735.09 BBL17-Aug 2,400.91 BBL17-Sep 2,414.8 BBL17-Oct 2,287.93 BBL17-Nov 1,638.86 BBL17-Dec 1,461.52 BBL18-Jan 1,361.31 BBL18-Feb 967.94 BBL18-Mar 982.6 BBL18-Apr 964.0 BBL
Click here for additional informationLot #42 is an identical interest in this lease.
Elite Oil & Gas Explorer Since 1969- 316-799-1000
Lot #44Lease Name Type Operator Legal DescriptionMunz PWI Castle Resources, Inc. Sec 27 21S 13WCounty & State GWI NRI OpEx (6mo) Income (6mo)Stafford, KS 0.03125 0.0253223 $296.55 $905.11Seller comments $49.43/mo $150.85/mo160 AcresProduces from Arbuckle formation.Click here for additional information
Lot #45Lease Name Type Operator Legal DescriptionLJ Dreiling PWI Castle Resources, Inc. Sec 15 13S 17WCounty & State GWI NRI OpEx (6mo) Income (6mo)Ellis, KS 0.03125 0.025625 $350.52 $693.55Seller comments $58.42/mo $115.59/mo10 AcresProduces from Arbuckle formation.Click here for additional information
Lot #46Lease Name Type Operator Legal DescriptionZelda #1 PWI L.E Jones Operating Sec 9 7S 1WCounty & State Decimal Interest OpEx (12mo) Income (12mo)Love, OK 0.11309500 $2,684.75 $7,703.59Seller comments $223.72/mo $641.97/mo
Lot #47Lease Name Type Operator Legal DescriptionFolks 2-24 PWI Ward Petroleum
CorporationSec 24 12N 14W
County & State GWI NRI OpEx (12mo) Income (12mo)Custer, OK 0.0086589282 0.008231800 $283.25 $362.54Seller comments $23.60/mo $30.38/mo
Lot #48Lease Name Type Operator Legal DescriptionChamps-Rowe & Wilson
PWI Pickrell Drilling Company
Sec 03 32S 10W
County & State GWI NRI OpEx (12mo) Income (12mo)Barber, KS See comments See comments $776.02 $1,226.81Seller comments $64.67/mo $102.23/moThe Wilson well is Shut-In. The Champs 1 is no longer producing. Only Champs 2 is producing.
Champ - RoweGWI: .04683NRI: .0384160
WilsonGWI: .015625NRI: .01281740
Lot #49Lease Name Type Operator Legal DescriptionLMRA Mont Del B Unit
RI XTO Energy, Inc. See additional info
County & State Decimal Interest Acres OpEx Income (6mo)Tarrant, TX .000497090 $247.13Seller comments $41.19/mo0% Oil, 76.50% Gas, 23.50% NGLConveyance is Effective 9/1/18 on this lotClick here for additional information
Lot #50Lease Name Type Operator Legal DescriptionBrowning Heirs 1 RI/ORRI Double Play Oil & Gas Inc. See additional infoCounty & State Decimal Interest Acres OpEx Income (5mo)Duval/Nueces, TX See comments $291.97Seller comments $58.39/mo3 producing vertical wells54.98% Oil, 45.02% GasHancock & Bowman 0.00750000Browning Heirs #1 0.0100000Eckerman #1 0.0100000Conveyance is Effective 9/1/18 on this lotClick here for additional information
Lot #51Lease Name Type Operator Legal DescriptionE&E #1-34 ORRI Grand Mesa Operating Sec 34 13S 32WCounty & State Decimal Interest Acres OpEx Income (12mo)Logan, KS 0.00218750 160 $69.87Seller comments $5.82/mo2014 1,427 BBL2015 963 BBL2016 943 BBL2017 466 BBL2018 317 BBL (4 mos)
Lease Name Type Operator Legal DescriptionHess-Christy #1-34 ORRI Grand Mesa Operating Sec 34 13S 32WCounty & State Decimal Interest Acres OpEx Income (12mo)Logan, KS 0.00328125 160 $132.55Seller comments $11.05/mo2014 1,597 BBL2015 961 BBL2016 941 BBL2017 628 BBL2018 158 BBL (3 mos)
Lease Name Type Operator Legal DescriptionStoll #1-32 ORRI Grand Mesa Operating Sec 32 16S 33WCounty & State Decimal Interest Acres OpEx Income (12mo)Scott, KS 0.005 160 $119.65Seller comments $9.97/mo2015 1,102 BBL2016 790 BBL2017 633 BBL2018 157 BBL (4 mos)
Total Lot Income (12mo): $322.07 ($26.83/mo)
For tax savings call 785-623-0473
Lot #53Lease Name Type Operator Legal DescriptionDoornbos #1-15 ORRI Grand Mesa Operating Sec 15 16S 33WCounty & State Decimal Interest Acres OpEx Income (12mo)Scott, KS 0.005000 160 $341.54Seller comments $28.46/mo2014 1,432 BBL2015 1,254 BBL2016 1,431 BBL2017 1,281 BBL2018 475 BBL (4 mos)
Lot #55Lease Name Type Operator Legal DescriptionDBY #1,2,3,4,5-16 ORRI Grand Mesa Operating Sec 16 16S 33WCounty & State Decimal Interest Acres OpEx Income (12mo)Scott, KS 0.005000 160 $873.62Seller comments $72.80
Lot #54Lease Name Type Operator Legal DescriptionHoss #1-27 ORRI Grand Mesa Operating Sec 27 19S 23WCounty & State Decimal Interest Acres OpEx Income (12mo)Ness, KS 0.02 320 $748.83Seller comments $62.40/mo2014 1,774 BBL2015 1,109 BBL2016 966 BBL2017 636 BBL2018 326 BBL (4 mos)
Oil & Gas Consulting- Lesli Baker- 913-980-8207
Lot #55bLease Name Type Operator Legal DescriptionBreit-Hoss #1-22 ORRI Grand Mesa Operating Sec 22 19S 23WCounty & State Decimal Interest Acres OpEx Income (12mo)Scott, KS 0.02000 160 $1,815.75Seller comments $151.31/mo2014 3,097 BBL2015 2,420 BBL2016 2,116 BBL2017 1,779 BBL2018 492 BBL (3 mos)
Lot #56Lease Name Type Operator Legal DescriptionHouston Gamble Everhart
RI Covey Park Gas LLC Indigo Minerals LLC
SW NE S 2/3 NW NE, N 2/3 SE NW Sec 13 20N 15W
County & State Decimal Interest Acres OpEx Income (3mo)DeSoto, LA Multiple 93 1/3 MOL $240.27Seller comments $80.09/mo10 horizontal wells, 11 vertical wells.Production is 2.81% oil, 96.41% gas, 0.79% NGLCash flow represents 25% of check statements.Conveyance is Effective 9/1/18 on this lotClick here for additional information.
Lot #57Lease Name Type Operator Legal DescriptionParker Estate Operated Lease Younger Energy
CompanyW/2 SE & SW Sec 18 15S 12W
County & State GWI NRI OpEx (6mo) Income (6mo)Russell, KS 100% .82031260 $12,298.00 $70,333.00Seller comments $2,049.67/mo $11,722/mo6 mo average of 8.46BOPD and 62 BBL water/dayIncome information listed is gross; lease nets $9,672/mo.Click here for additional information.
Lot #58Lease Name Type Operator Legal DescriptionWOLF B4 ORRI Endeavor Energy Re-
sources, LPSec 29 34S 2E
County & State Decimal Interest Acres OpEx Income (12mo)Sumner, KS 0.00527342 $360Seller comments $30/mo03/23- $97.2506/25- $98.5007/25-$101.63
Year Month BBL2017 5 152.84 BBL2017 7 159.93 BBL2017 9 153.59 BBL2017 10 157.29 BBL2017 12 158.68 BBL
Lot #59Lease Name Type Operator Legal DescriptionOKARCHE 1H-12X ORRI Newfield Exploration Sec 24 14N 07WCounty & State Decimal Interest Acres OpEx Income (12mo)Canadian, OK 0.00018343 $183.48Seller comments $15.29/mo6/18-$69.017/17-12/17- $114.55
Lot #60Lease Name Type Operator Legal DescriptionManchin Operated Lease Loewen Operator Inc. E/2 Sec 4 13S 14WCounty & State GWI NRI OpEx Income (6mo)Russell, KS 100% .87500Seller comments1 well TA 12-171 well SWD 10-23-17
Click here for additional information.
Lot #61Lease Name Type Operator Legal DescriptionPreisser Farms Unit #1 ORRI Palomino Petroleum Inc. E/2 Sec 23 25S 10WCounty & State Decimal Interest Acres OpEx Income (4mo)Reno, KS 0.0038504 $925.49Seller comments $231.37/moThe Preisser Farms is a Horizontal Mississippian well producing (33 to 50 BOPD) and (50 to 100 mcfg-pd). The well has long life and a high EUR potential, producing from a large pool with several 200,000 barrel holes nearby. ORRI includes all of the E2 of 23-25S-10W.
Click here for additional information.
Lot #62Lease Name Type Operator Legal DescriptionStark & Stark Gas Unit RI XTO I.H. Reed Survey A-23County & State Decimal Interest Acres OpEx Income (7mo)Freestone, TX 0.000119955 $110.28Seller comments $15.75/moAveraging 1,333MCFD
Lot #63Lease Name Type Operator Legal DescriptionSlover J ORRI American Warrior W/2 SW; NE SW; NW SE 20; W/2
W/2 Sec 28 10S 21WCounty & State Decimal Interest Acres OpEx Income (10mo)Ness, KS 0.0182292 $488.06Seller comments $48.81/moOil Sales 2014 - 1127 BBL2015 - 950 BBL2016 - 473 BBLThrough 6-17 -328 BBL
Lot #64Lease Name Type Operator Legal DescriptionUpper Morrow ORRI Strat Land ExplorationCounty & State Decimal Interest Acres OpEx Income (12mo)Hansford, TX 0.004440685 $126.22Seller comments $10.52/mo
Lot #65Lease Name Type Operator Legal DescriptionSpencer Anadarko RI Mewbourne Oil Com-
panyCounty & State Decimal Interest Acres OpEx Income (4mo)Ohiltree, TX 0.000234375 $47.00Seller comments $23.50/mo
Lot #66Lease Name Type Operator Legal DescriptionSKYY #2-33HC PWI Apache Corp SE Sec 33 15N 24WCounty & State Decimal Interest Acres OpEx (12mo) Income (12mo)Rogermills, OK 0.00097656 $61.51 $96.26Seller comments $5.13/mo $8.02/mo
Lot #67Lease Name Type Operator Legal DescriptionRatzlaff #3-8 Lease PWI Raydon Exploration Sec 8 3N 21ECounty & State Decimal Interest Acres OpEx (12mo) Income (12mo)Beaver, OK 0.06377551 $1,536.52 $1,716.19Seller comments $128.04/mo $143.02/mo
For Seismic Exploration- 620-277-7771
Lot #68Lease Name Type Operator Legal DescriptionPanda 17-1 PWI Hinkle Oil & Gas Inc.County & State Decimal Interest API OpEx (12mo) Income (12mo)Seminole, OK 0.0800000 35-133-24451 $1,724.46 $5,989.11Seller comments $143.71/mo $498.26/moFinancial information is for all three wells.The last 6 months of 2017 is the income listed above with low oil prices. The income has increased a lot with higher oil prices.
Lease Name Type Operator Legal DescriptionMarble SWD PWI Hinkle Oil & Gas Inc.County & State Decimal Interest API OpEx Income (12mo)Seminole, OK 0.0800000 35-133-4489Seller comments
Lease Name Type Operator Legal DescriptionWinston 17-1 PWI Hinkle Oil & Gas Inc.County & State Decimal Interest API OpEx Income (12mo)Seminole, OK 0.12500000 35-133-24490Seller comments
MCEE is a proud KIOGA memberKansas Independent Oil & Gas Association-
Kelly Rains- 316-651-7982
Lot #69Lease Name Type Operator Legal DescriptionCreten 1-19 ORRI Grand Mesa Operating Sec 19 14S 12ECounty & State Decimal Interest API OpEx Income (12mo)Douglass, KS 0.0175 $76.00Seller comments $6.33/moHBP SW 19, NW 30, Possible additional drilling
Lease Name Type Operator Legal DescriptionSchmidt 1-5 ORRI Northstar Sec 5 15S 21WCounty & State Decimal Interest API OpEx Income (12mo)Trego, KS 0.003125 $83.00Seller comments $6.91/mo
Lease Name Type Operator Legal DescriptionSchmidt 1-22 ORRI Grand Mesa Operating Sec 22 14S 20ECounty & State Decimal Interest API OpEx Income (12mo)Douglass, KS 0.0175 $302Seller comments $25.17/moWater flood
Lease Name Type Operator Legal DescriptionSchmidt 1-22 ORRI Grand Mesa Operating Sec 22 14S 20ECounty & State Decimal Interest API OpEx Income (12mo)Douglass, KS 0.005 $86.25Seller comments $7.19/moWater floodAdditional interest in above lease from a different seller
Total lot income (12mo): $568.96 ($47.41/mo)
Lease Name Type Operator Legal DescriptionCreten 1-19 ORRI Grand Mesa Operating Sec 19 14S 12ECounty & State Decimal Interest API OpEx Income (12mo)Douglass, KS 0.005 $21.71Seller comments $1.81/moHBP SW 19, NW 30, Possible additional drillingAdditional interest in above lease from a different seller.
Lot #70Lease Name Type Operator Legal DescriptionHess 4-32 ORRI Grand Mesa Sec 32 13S 31WCounty & State Decimal Interest Seller Comments 12mo income: $760 $63.33/moGove, KS 0.02 160 acres. Water flood
Lot #71Lease Name Type Operator Legal DescriptionMitch 1-34 ORRI Grand Mesa Sec 34 13S 31WCounty & State Decimal Interest Seller Comments 12mo income: $789 $65.75/moGove, KS 0.02 2014 2,750 BBL
2015 1,603 BBL2016 1,290 BBL2017 951 BBL2018 162 BBL (3 mos) 160 acres
Lot #71aLease Name Type Operator Legal DescriptionMitch #1-34 ORRI Grand Mesa Operating Sec 34 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.005000 160 $197.00Seller comments $16.42/mo
Lot #72Lease Name Type Operator Legal DescriptionYoung 1-10 ORRI Alta Vista Energy Sec 11 22S 16ECounty & State Decimal Interest Seller Comments 12mo income: $952 $79.33/moCoffey, KS 0.008 80 Acres. Water flood
Lot #73Lease Name Type Operator Legal DescriptionPhelps 3-31 ORRI Grand Mesa Sec 31 13S 31WCounty & State Decimal Interest Seller Comments 12 mo income: $1,502 $125.17/moGove, KS 0.02 160 Acres.
Lot #72aLease Name Type Operator Legal DescriptionYoung 1-10 ORRI Alta Vista Energy Sec 11 22S 16ECounty & State Decimal Interest Seller Comments 12mo income: $328 $27.33/moCoffey, KS 0.002 80 Acres. Water flood
Lot #74Lease Name Type Operator Legal DescriptionHess 2-32 ORRI Grand Mesa Sec 32 13S 31WCounty & State Decimal Interest Seller Comments 12 mo income: $1,696 $141.33/moGove, KS 0.02 160 Acres. Water flood
Lot #75Lease Name Type Operator Legal DescriptionCBCF-31 ORRI Northstar Sec 31 14S 21WCounty & State Decimal Interest Seller Comments 12mo income: $1,856 $154.67/moTrego, KS 0.0031250 800 acres HBP - Possible additional locations
Lot #76Lease Name Type Operator Legal DescriptionPhelps 2-31 ORRI Grand Mesa Sec 31 13S 31WCounty & State Decimal Interest Seller Comments 12mo income: $3,933 $327.75/moGove, KS 0.02 160 acres. Water flood candidate
Lot #77Lease Name TypeArrow C-66 EquipmentCounty & State Seller CommentsMcPherson, KS Electric starter, star fire ignition, impco carb, in very good
condition.Click here for additional information.
Lot #78Lease Name Type Operator Legal Description3D Family Hanna ORRI Palomino Petroleum Sec 10 14S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.0118 320 $581Seller comments $48.42/mo2015 2,755 BBL2016 1,950 BBL2017 970 BBL2018 330 BBL (4 mos)
Lot #78aLease Name Type Operator Legal Description3D Family Hanna ORRI Palomino Petroleum Sec 10 14S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.0029500 320 $145.24Seller comments $12.00/mo
Lot #79Lease Name Type Operator Legal DescriptionG Anderson #1-26 ORRI Grand Mesa Operating Sec 26 13S 32WCounty & State Decimal Interest Acres OpEx Income (12mo)Logan, KS 0.02 320 $2,691Seller comments $224.25/moWater flood candidate2014 7,153 BBL2015 4,506 BBL2016 2,727 BBL2017 2,825 BBL2018 777 BBL (4 mos)Two well lease
Lot #79aLease Name Type Operator Legal DescriptionG Anderson #1-26 ORRI Grand Mesa Operating Sec 26 13S 32WCounty & State Decimal Interest Acres OpEx Income (12mo)Logan, KS 0.0037500 320 $504Seller comments $42.00/moWater flood candidateTwo well lease
For tax savings call 785-623-0473
Lot #80Lease Name Type Operator Legal DescriptionGlennis #1-27 ORRI Grand Mesa Operating Sec 27 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.02 160 $878Seller comments $73.16/moWater flood candidate2014 3,001 BBL2015 1,889 BBL2016 1,378 BBL2017 1,099 BBL2018 196 BBL (3mos)
Lot #80aLease Name Type Operator Legal DescriptionGlennis #1-27 ORRI Grand Mesa Operating Sec 27 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.005000 160 $219.50Seller comments $18.29/mo
Drilling Fluids- Andy Werth- 785-625-3531
Lot #81Lease Name Type Operator Legal DescriptionGlennis #4-27 ORRI Grand Mesa Operating Sec 27 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.02 160 $1,374Seller comments $114.50/moWater flood candidate2014 11,690 BBL2015 6,585 BBL2016 3,597 BBL2017 2,415 BBL2018 289 BBL (3 mos)
Lot #81aLease Name Type Operator Legal DescriptionGlennis #4-27 ORRI Grand Mesa Operating Sec 27 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.005000 160 $343.50Seller comments $28.61/mo
Lot #82Lease Name Type Operator Legal DescriptionG&M #1-25 ORRI Grand Mesa Operating Sec 25 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Logan, KS 0.02 160 $1257.00Seller comments $104.75/mo2014 2,100 BBL2015 2,248 BBL2016 1,631 BBL2017 1,505 BBL2018 364 BBL (4 mos)
Lot #82aLease Name Type Operator Legal DescriptionG&M #1-25 ORRI Grand Mesa Operating Sec 25 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Logan, KS 0.0037500 160 $235.68Seller comments $19.64/mo
Lot #83Lease Name Type Operator Legal DescriptionHess #2-33 ORRI Grand Mesa Operating Sec 33 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.0175 160 $447Seller comments $37.25/mo2014 1,007 BBL2015 797 BBL2016 476 BBL2017 471 BBL2018 159 BBL (3 mos)
Lot #83aLease Name Type Operator Legal DescriptionHess #2-33 ORRI Grand Mesa Operating Sec 33 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.0043750 160 $111.75Seller comments $9.31/mo
Lot #84Lease Name Type Operator Legal DescriptionKlaus #1-33 ORRI Grand Mesa Operating Sec 33 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.02 120 $2,267Seller comments $188.92/moWater flood candidate2014 4,490 BBL2015 3,664 BBL2016 3,511 BBL2017 2,574 BBL2018 800 BBL (4 mos)
Lot #84aLease Name Type Operator Legal DescriptionKlaus #1-33 ORRI Grand Mesa Operating Sec 33 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.0050000 120 $566.75Seller comments $47.23/mo
Lot #85Lease Name Type Operator Legal DescriptionKlaus-Hess #1-33 ORRI Grand Mesa Operating Sec 33 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.01875 320 $1253Seller comments $104.42/moWater flood candidate2014 5,292 BBL2015 2,887 BBL2016 1,748 BBL2017 1,431 BBL2018 316 BBL (3 months)
Lot #85aLease Name Type Operator Legal DescriptionKlaus-Hess #1-33 ORRI Grand Mesa Operating Sec 33 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.00468750 320 $313.25Seller comments $26.10/mo
Lot #86Lease Name Type Operator Legal DescriptionPhillip 1-26 ORRI Grand Mesa Operating Sec 26 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.02 160 $4,157Seller comments $346.42/moWater flood candidate with additional zone water flood potentialProduction for 3 wells2016 4,653 BBL2017 4,145 BBL2018 1,292 BBL (through May)
Lot #86aLease Name Type Operator Legal DescriptionPhillip 1-26 ORRI Grand Mesa Operating Sec 26 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.005000 160 $1,039.25Seller comments $86.60/mo
Lot #87Lease Name Type Operator Legal DescriptionTRS Hanna ORRI Palomino Sec 11 14S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.01 320 $8,835Seller comments $736.25/mo
Lot #87aLease Name Type Operator Legal DescriptionTRS Hanna ORRI Palomino Sec 10 14S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS .0025 320 $2,208.75Seller comments $184.04/mo
Lot #88Lease Name Type Operator Legal DescriptionWilma #1-26 ORRI Grand Mesa Operating Sec 26 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.02 160 $1934Seller comments $161.17/mo2014 4,857 BBL2015 2,551 BBL2016 2,874 BBL2017 1,434 BBL2018 640 BBL (4 mos)
Lot #88aLease Name Type Operator Legal DescriptionWilma #1-26 ORRI Grand Mesa Operating Sec 26 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.005 160 $483.50Seller comments $40.29/mo
Lot #89Lease Name Type Operator Legal DescriptionPearson RI Petroleum Property
Services Inc.NE Sec 14 34S 3E
County & State Decimal Interest Acres OpEx Income (12mo)Cowley, KS 0.015625 160 $1,608.96Seller comments $134.08/mo2011 lease sold 1692 bbl2012 lease sold 1793 bbl2013 lease sold 1608 bbl2014 lease sold 1678 bbl2015 lease sold 1678 bbl2016 lease sold 1703 bbl2017 lease sold 1072 bbl2018 lease sold 863 bbl through 6/2018Conveyance is Effective 9/1/18 on this lotSteady producing long life well - averages 4.7 bopd
Lot #89aLease Name Type Operator Legal DescriptionPearson RI Petroleum Property
Services Inc.NE Sec 14 34S 3E
County & State Decimal Interest Acres OpEx Income (12mo)Cowley, KS 0.015625 160 $1,608.96Seller comments $134.08/mo2011 lease sold 1692 bbl2012 lease sold 1793 bbl2013 lease sold 1608 bbl2014 lease sold 1678 bbl2015 lease sold 1678 bbl2016 lease sold 1703 bbl2017 lease sold 1072 bbl2018 lease sold 863 bbl through 6/2018Conveyance is Effective 9/1/18 on this lotSteady producing long life well - averages 4.7 bopd
Lot #90Lease Name Type Operator Legal DescriptionDuff #A1 ORRI Pickrell Driling Company, Inc. NW Sec 9 15S 32WCounty & State Decimal Interest Acres OpEx Income (3mo)Logan, KS 0.0038889 277.5 $340.73Seller comments $133.58/moThis lease produces from the Marmaton and Cherokee Groups.Click here for additional information.
Lot #91Lease Name Type Operator Legal DescriptionHoneywell Package Operated Lease Honey Well LLC Sec 1 15S 20E & Sec 36 14S 20E &
Sec 27 & Sec 2 17S 22E County & State GWI NRI OpEx (6mo) Income (6mo)Douglas & Miami, KS 100% Various $41,100.00 (approx) $93,438.15Seller comments $6,850/mo $15,573.03/moApproximately 737 total acres between six leases:Lester Kalb, Glen Kalb, John Bell North, John Bell South, Bristow, Green.See additional information for LOE, run statements, and NRI.Click here for additional information.
Lot #92Lease Name Type Operator Legal DescriptionDavis Ranch K Operated Lease VT Energy Partners, LLC S/2 NE Sec 23 34S 15W & SW & S/2
NW Sec 24 34S 15W County & State GWI NRI OpEx Income (6mo)Barber, KS 100% .81132 $9,500Seller comments $1,583.00/moProducing lease with one well in Aetna Gas Area320 acres with potential prospects.5 BOPD and 10 MCF/DayPump change and rod fix in February 2018Easy and inexpensive well to operateEquipment has been well maintained over the yearsPossible frac opportunity to increase production
Lot #93Lease Name Type Operator Legal DescriptionWoydziak Operated Lease SW Sec 25 16S 13WCounty & State GWI NRI OpEx Income (6mo)Barton, KS 100% .82Seller commentsCurrently producing Lansing. CIBP set over arbuckle.Has 3-D Seimic with 1 drilling location.Produces 3 BOPD and 2 BWPD
2017 Oil Sales – 489 BBL2018 Oil Sales through April – 491 BBL
Drilled 2017
Both Eudora & Woydziak use the LISNER SWD NW/4 34-16-13.Deep Arbuckle SWD rated for 2,500 BWPD. American Warrior is currently bringing water to SWD giv-ing the Lisner a monthly income of $300.00
Lease Name Type Operator Legal DescriptionEudora Lease Operated Lease SE Sec 26 16S 13WCounty & State GWI NRI OpEx Income (6mo)Barton, KS 100% .88Seller comments2 arbuckle producers. Only 1 currently producing. No equipment on Eudora 1 well. Eudora 1 could have potential to make 3-4 BOPD moving 300 water.Has 3-D Seismic with 2 drilling locationsProduces 1.8 BOPD and 12 BWPD
2015 Oil Sales – 318 BBL2016 Oil Sales – 350 BBL2017 Oil Sales – NONE2018 Oil Sales through April – 160.42 bbl
Lot #94Lease Name Type Operator Legal DescriptionBeach 1-18 Operated Lease American Oil LLC SE Sec 18 11S 16WCounty & State GWI NRI OpEx Income Ellis, KS 100% .875Seller comments2 BOPD, 170 BWPD.
Upside Potential move more fluid or Polymer.Monthly SWD charge $250.00 month
2016 Oil Sales – 1602 BBL2017 Oil Sales – 1280 BBL2018 Oil Sales – Through Feb 162 BBL
Lot #95Lease Name Type Operator Legal DescriptionPatricia Pope Whaley RI BP America Production
CompanySee additional info
County & State Decimal Interest Acres OpEx Income (6mo)Harrison, TX 0.00070358
0.0002136997 MOL $440.28
Seller comments $73.38/mo2 producing horizontal wells.42.30% Oil, 39.85% Gas, 17.85% NGLConveyance is Effective 9/1/18 on this lotClick here for additional information.
Lot #96Lease Name Type Operator Legal DescriptionUmmel PWI Vess Oil NE NW NW Sec 11 17S 24WCounty & State GWI NRI OpEx (12mo) Income (12mo)Ness, KS .02343750 .01922610 $294.74 $1,258.32Seller comments160 Acres. Expenses include KOGR and production taxes.Producing from Cherokee Sandstone formation.Click here for additional information.
Lot #97Lease Name Type Operator Legal DescriptionLinn 1-9 ORRI L.D. Drilling, Inc. NW SE SE SW Sec 9 20S 21WCounty & State Decimal Interest Acres OpEx Income (12mo)Ness, KS 0.01625004 160 $714.52Seller comments2017 = $837.872018 = $471.21 through JulyProduces from Mississippian OsageClick here for additional information.
Lot #98Lease Name Type Operator Legal DescriptionP-D #1-27 ORRI Grand Mesa Operating Sec 27 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.02 320 $507.00Seller comments $42.45/mo2014 2,093 BBL2015 800 BBL2016 805 BBL2017 480 BBL2018 162 BBL (2 mos)
Lot #98aLease Name Type Operator Legal DescriptionP-D #1-27 ORRI Grand Mesa Operating Sec 27 13S 31WCounty & State Decimal Interest Acres OpEx Income (12mo)Gove, KS 0.005 320 $126.75Seller comments $10.562014 2,093 BBL2015 800 BBL2016 805 BBL2017 480 BBL2018 162 BBL (2 mos)
Lot #99Lease Name Type Operator Legal DescriptionRolf 1-10 ORRI Grand Mesa Operating Sec 10 22S 16ECounty & State Decimal Interest Acres OpEx Income (12mo)Coffey, KS 0.015 160 $199Seller comments $16.58/moWater flood additional wells
Lot #99aLease Name Type Operator Legal DescriptionRolf 1-10 ORRI Grand Mesa Operating Sec 10 22S 16ECounty & State Decimal Interest API OpEx Income (12mo)Coffey, KS .005 160 $66.33Seller comments $5.53/moWater flood additional wells
Superior Service throughout the Mid-Continent- 620-872-DIRT
Lot #100Lease Name Type Operator Legal DescriptionBritt Huff Ranch RI LE Norman Operating LLC See additional infoCounty & State Decimal Interest Acres OpEx Income (3mo)Wheeler, TX See add’tl info $236.01Seller comments $78.67/mo3 producing wells. 4 horizontal, 9 vertical.31.88% Oil, 26.72% Gas, 41.40% NGLCash flow represents 25% of check statementsConveyance is Effective 9/1/18 on this lotClick here for additional information.
Serving North America with Premier Customer Service- 785-743-6774
MCEE is a proud KIOGA memberKansas Independent Oil & Gas Association-
Kelly Rains- 316-651-7982
Buyers Agreement to Purchase Properties In consideration of the mutual promises contained herein and other valuable consideration, thereceipt and sufficiency of which are hereby acknowledged, Buyer and Mid-Continent Energy Exchange,LLC agree as follows: Buyer agrees that any information provided by Mid-Continent Energy Exchange, LLC is basedupon representations made by the seller of oil and gas properties and that Mid-Continent EnergyExchange, LLC cannot guarantee the completeness, timeliness or accuracy of the information providedby the Seller. No information provided by Mid-Continent Energy Exchange, LLC or contained on itswebsite or any other communication constitutes investment advice. Any decisions based upon theinformation provided by Mid-Continent Energy Exchange, LLC shall be considered with this in mind andthe Buyer has the sole responsibility to do its own due diligence.
PURCHASE OF PROPERTIES: At auction, by sealed bid, or by other purchase or designated salemethod, a Seller may offer properties for sale with or without a minimum reserve sales price. Buyer canmake bids or offers on the property for sale. The Buyer with the highest bid or offer at the ending time andwhose bid or offer meets the minimum sales price (if any) or the Buyer whose bid or offer is accepted bySeller, will be obligated to purchase the property for that price. Buyer agrees to participate as a bidder inthe sale process for the sale of oil and gas properties and any negotiations following the sale process.BUYERS REPRESENTATIONS, AGREEMENTS, WARRANTIES AND ASSURANCES: Buyer agreesthat properties for sale through Mid-Continent Energy Exchange, LLC are not intended or considered tobe securities under the Securities Act of 1933, the Securities Exchange Act of 1934 and all applicablestate securities laws. Buyer hereby acknowledges and agrees that any sale of oil and gas royaltiesthrough Mid-Continent Energy Exchange, LLC is the process of putting a willing Seller in contact with awilling Buyer to facilitate the purchase of oil and gas properties. Buyer represents that he is asophisticated, accredited and qualified investor. Buyer represents, by executing this agreement, that aBuyer is (a) primarily engaged in the business of exploring for or producing oil or gas or other minerals asan ongoing business; (b) by reason of this knowledge or experience, the Buyer will evaluate the merits and risks of the properties to be purchased through Mid-Continent Energy Exchange, LLC and will forman opinion based upon Buyer’s knowledge and experience and not upon any statement, representation orprinted material provided by Mid-Continent Energy Exchange, LLC or its representative; (c) the Buyer isof legal age, has sufficient financial resources in order to bear the risk of loss attached to the purchase ofany property that Buyer bids upon; (d) Buyer has an annual income of $200,000.00 for any natural personin each of the two most recent years or joint income with the persons spouse of not less than $300,000.00in each of those years and has a reasonable expectation of reaching the same income level in the currentyear or Buyer has a net worth or a joint net worth with that persons spouse, at the time of his purchaseexceeding $1,000,000.00 or Buyer is a business entity with total assets in excess of $5,000,000.00, asshown by the business’s most recent prepared financial statements and has sufficient knowledge andexperience in business and financial matters to evaluate the merits and risks of the acquisition of oil andgas property. Buyer has a continuing duty to notify Mid-Continent Energy Exchange, LLC if Buyersubsequently fails to qualify as a sophisticated, qualified and accredited investor. Buyer agrees toindemnify and hold Mid-Continent Energy Exchange, LLC harmless from any and all violations ofapplicable securities laws that result from any misrepresentation of the Buyer being a sophisticated,qualified and accredited investor.
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BUYER’S DUE DILEGENCE AND INDEPENDENT EVALUATION: Buyer hereby acknowledges andagrees that it has the sole responsibility to examine all information concerning ownership and productionof the properties placed for sale through Mid-Continent Energy Exchange, LLC. Further, Buyeracknowledges and agrees that if it requires additional information concerning said properties, Buyer mustcontact Mid-Continent Energy Exchange, LLC or the Seller to obtain requested information prior to thebeginning date of the sale process. If Buyer makes a bid or offer on any property after making a requestfor additional information, Buyer waives the performance of that request. Buyer further agrees that it willmake an independent evaluation of the property and acknowledges that the Seller and Mid-ContinentEnergy Exchange, LLC have made no statements or representations concerning the present or futurevalue or the future income, costs or profits, if any, to be derived from the property. Buyer acknowledges inthat making a bid or offer in the sale process that Buyer has relied solely on its independent examinationof the premises and public records and that Buyer’s bids and offers are based solely on Buyer’sindependent inspections, estimates, computations, evaluations, reports, studies and knowledge of theproperties. Any and all information provided by Seller or Mid-Continent Energy Exchange, LLC in theproperty information sheet or data packages, as well as any other information provided by Seller or MidContinentEnergy Exchange, LLC, are furnished to Buyer at Buyer’s sole risk. Seller and Mid-ContinentEnergy Exchange, LLC do not warrant or represent as to the accuracy or completeness of the datapresented to the Buyer, and the Buyer agrees to indemnify and hold Mid-Continent Energy Exchange,LLC and Seller harmless from any reliance by Buyer on data provided by the Seller and/or Mid-ContinentEnergy Exchange, LLC.CONTRACT COMPLIANCE: Buyer hereby agrees to comply with all applicable joint operatingagreements, unitization agreements, communication agreements and other agreements that pertain tothe ownership of the subject properties. Buyer is fully responsible to obtain waivers of uniformmaintenance under joint operating agreements, if needed, and agrees to indemnify and hold MidContinentEnergy Exchange, LLC, and Seller harmless, if the same are not obtained by Buyer, or waivedby a third party.LESSER INTEREST: If Buyer discovers that the properties conveyed by Seller are of lesser interest thanwhat is represented on the property information sheet and associated data, or any modifications orchanges thereto, Buyer shall send notification to Seller within 60 days from the date of sale whichdescribes the difference in interest accompanied by adequate proof of said lesser interest. Buyer agreesthat within 30 days following the receipt of the notification, Seller will at Seller’s option and by writtennotice to Buyer, (a) refund a pro-rata share of the purchase price based on the amount of the interest losscompared to the total price paid for the full represented interest; or (b) Cure the defect that is attributableto the lesser interest; or (c) rescind the sale and Buyer shall reassign the same back to Seller free from any and all encumbrances of Buyer and Seller will refund the amount paid by Buyer upon execution anddelivery of the assignment from Buyer to Seller.
Mid-Continent Energy Exchange, LLC shall be entitled to retain commission paid or payable by Seller andin all events, the Buyer’s sole remedy is against Seller.GAS IMBALANCES: Buyer acknowledges and agrees that properties on which it may bid or make offersmay be subject to gas imbalances pursuant to gas balancing agreements between working interestparties or in the absence of agreements between the working interest parties and the unit. All propertiesshall be sold without warranty on an “as is, where is” basis. No adjustment in the purchase price shall bemade as a result of an inaccuracy in the estimated gas imbalance amount disclosed by Seller. Seller shallprovide information it believes accurate to the status of gas imbalances for the offered properties, butneither Seller nor Mid-Continent Energy Exchange, LLC makes any representations or warranties as tothe accuracy of said information.
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ENVIRONMENTAL LIABILITIES: Buyer hereby acknowledges and agrees that after the date of thisassignment it is responsible for any and all losses attributable to any and all environmental events orimpacts, including without limitation, damage to property, injury or death of persons or things, naturalresource damage, environmental remediation and restoration, costs, fines, or penalties arising out of orattributable to the ownership, condition or operation of the properties purchased by Buyer.ROYALTY, OVERRIDING ROYALTY, WORKING INTEREST, CONTRACTUAL LIABILITIES ANDOPERATION LIABILITIES: Buyer agrees and acknowledges that any and all liabilities relating toobligations to pay royalties, contractual obligations under oil and gas leases, joint operating agreementsand liabilities associated with the ownership, condition and operation of the subject properties become theBuyers liability from the effective date of assignment. Seller shall be liable for its period of ownership priorto the effective date of assignment of the property.NO WARRANTIES (EXPRESS OR IMPLIED): Buyer acknowledges and agrees that it is acquiring theproperties, wells, equipment and other property located thereon from Seller without warranty whatsoever,express, statutory or implied as to the description, title, condition, quality, fitness for purpose,merchantability, or otherwise. Buyer acknowledges and agrees that neither the Seller nor Mid-ContinentEnergy Exchange, LLC, makes any representation or warranty whatsoever as to the physical condition ofthe property nor any statements or representation concerning the present or future value of theanticipated income, cost, or profits, if any, to be derived from the property. Buyer acknowledges andagrees that all property is sold on an “as is, where is” basis.TITLE: Buyer hereby acknowledges and agrees that it has the sole responsibility to examine allinformation concerning title to the property and to conduct its own independent evaluation to ascertain titleto the properties and satisfy itself that the title is marketable, defensible or acceptable. Buyeracknowledges and agrees that it will indemnify and hold Seller and Mid-Continent Energy Exchange, LLCharmless as to the accuracy of any documents of title to the properties. Buyer further acknowledges andagrees that neither Seller nor Mid-Continent Energy Exchange, LLC warrants title, either express orimplied, and that all title to property is on an “as is” basis.CLOSING: Buyer acknowledges and agrees that upon notification from Mid-Continent Energy Exchange,LLC, at Buyer’s successful bid or offer on Seller’s property, Buyer shall tender the total amount of fundsrequired to purchase the property to the designated escrow bank as determined by Mid-Continent EnergyExchange, LLC by either wire transfer, next day delivery or overnight mail, by certified check orpreapproved check from Mid-Continent Energy Exchange, LLC, or hand courier delivery service to thedesignated closing office, all within 48 hours of notification. Buyer agrees that all funds will be held inescrow until Seller provides all executed documents of conveyance to Buyer.
BUYERS DEFAULT: Buyer acknowledges and agrees that if it defaults for any reason, Mid-ContinentEnergy Exchange, LLC and Seller shall have all remedies available to them by Kansas law, includingspecific performance declaring the sale void and reselling the property, seeking damages from Buyer,including all costs and reasonable attorneys’ fees resulting from Buyers breach.LAW GOVERNING AGREEMENT: Buyer acknowledges and agrees that this agreement shall begoverned and interpreted in accordance with the laws of the state of Kansas and that proper venue forany disputes arising out of this agreement shall be Sedgwick County, Kansas.NOTICES: Buyer acknowledges and agrees that any notice provided or permitted to be given under thisagreement shall be in writing and mailed to the Buyer at the address appearing above, or to MidContinentEnergy Exchange, LLC at the address appearing above.
For latest lot information visit mceeauction.com
Bid Online at MCEEOnline.com
For latest lot information visit mceeauction.com
Bid Online at MCEEOnline.com
