Oil & Gas Auction - Amazon Web Servicesinfo.mceeauction.com.s3.amazonaws.com/Dec7/Dec7-2017Brochure.pdf · 15 Sipes ORRI Stafford, ... 17 Woodson County Package Operated Lease Woodson,

Oil & GasAuction

December 7, 2017

Registration @ 10:00amOpening terms & conditions/comments @ 10:50am

Auction Begins @ 11:00amLunch Served @ 12:30pm

The Wichita Boathouse515 S. Wichita Street

Wichita, 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







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Lot Lease name Interest Type County, State Operator1 Butterfield 1&2 ORRI Gove, KS Palomino Petroleum2 Cobra Rock #1 ORRI Gove, KS Palomino Petroleum3 Max #1 ORRI Ness, KS Whitetail Crude, inc.4 Multiple Lease Lot PWI Various McCoy Petroleum Corp.5 Jeromy 3204 1-26H Royalty Interest Sumner, KS Sandridge6 Lang Operated Lease Ellis, KS Meridian Energy, Inc7 Yohn A ORRI Kiowa, KS McCoy Petroleum Corp.8 Ross 1, 2, & 3 Royalty Grant, KS Merit Energy9 Jennings 1,2&3 & Lehman 4 Royalty Grant, KS Linn Energy10 Arrow C96 Engine Equipment11 Matthews ORRI Rice, KS Vamco Operations12 Matthews ORRI Rice, KS Vamco Operations13 Bartos B ORRI Rooks, KS Bowman Oil Company14 Multiple Lease Lot ORRI Trego, KS Multiple15 Sipes ORRI Stafford, KS Trans Pacific Oil Corp.16 Timmerkkamp ORRI Sedgwick, KS Cortam, Inc17 Woodson County Package Operated Lease Woodson, KS Owens Petroleum, LLC18 Barbara Young PWI Greeley, KS Red Oak Energy, Inc.19 Mader PWI Graham, KS Red Oak Energy, Inc.20 Mowry Trust PWI Graham, KS Red Oak Energy, Inc.21 Headquarter PWI Kiowa, KS Red Oak Energy, Inc.22 Cobra Rock PWI Gove, KS Palomino Petroleum23 Fishgrab PWI Barber, KS Siroky Oil Management24 Brown 9-1 PWI Graham, KS Red Oak Energy, Inc.25 Siroky #3 PWI Pratt, KS Siroky Oil Management

Table of Contents for December 7, 2017 Auction

Lot Lease name Interest Type County, State Operator26 Doc #1 & #2 PWI Trego, KS Palomino Petroleum27 Nichol PWI Trego, KS Palomino Petroleum28 Harold Michaelis Family Trust PWI Logan, KS Palomino Petroleum29 Butterfield #1 & #2 PWI Gove, KS Palomino Petroleum30 Lot Removed31 Seibenlist ORRI Ness, KS Red Oak Energy, Inc.32 Braun #1 & #2 ORRI Ellis, KS Elk Energy Holdings LLC33 Multiple Lease Lot PWI Ness, KS Vess Oil34 Multiple Lease Lot PWI Harper, KS Trek AEC, LLC35 Bernbeck A ORRI Ness, KS DaMar Resources, Inc.36 Betz C ORRI Ness, KS Vess Oil Corporation37 Boger F-1 (Oil and Gas) ORRI Ford, KS American Warrior, Inc.38 Crowell ORRI Ness, KS Trans Pacific Oil Corp.39 Crowell-Miner ORRI Ness, KS Trans Pacific Oil Corp.40 Luann 2925 2-36H PWI Ford, KS Sandridge Exploration & Production, LLC

41 Williams Wayne 1 PWI Pratt, KS McGinness Oil42 Shore 1-33 PWI Stanton, KS Kerr-McGee43 Lot Removed44 Multiple Lease Lot PWI Various Berexco45 Lewis-Wildgen A ORRI Ness, KS Pickrell Drilling Company, Inc.46 McClean ORRI Ness, KS Jo-Allyn Oil Corp.47 Richard Norton ORRI Gove, KS Trans Pacific Oil Corp.48 Oliphant ORRI Hodgeman, KS Vess Oil Corporation49 Sutton ORRI Ness, KS Jo-Allyn Oil Corp.50 Weatherford Pumpjack Equipment51 Debes R ORRI Ness, KS Trans Pacific Oil Corp.52 Multiple Lease Lot ORRI Ness, KS Trans Pacific Oil Corp.53 Miner-Buena Vista ORRI Ness, KS Trans Pacific Oil Corp.54 Buena Vista ORRI Ness, KS Trans Pacific Oil Corp.55 C. Shauers ORRI Ness, KS DaMar Resources, Inc.56 Dixon Trust ORRI Ness, KS Palomino Petroleum, Inc.57 Fanshier-Otte ORRI Ness, KS Pintail Petroleum



Lot Lease name Interest Type County, State Operator58 Fritz Trust ORRI Ness, KS H & B Petroleum Corp.59 Grimes North ORRI Stafford, KS DaMar Resources, Inc60 Hiss-Adams ORRI Barton, KS Trans Pacific Oil Corp.61 Holy Family ORRI Stafford, KS Trans Pacific Oil Corp.62 Landis ORRI Rooks, KS Trans Pacific Oil Corp.63 McClellan Trust ORRI Rooks, KS Free State Petroleum, LLC64 McCoy ORRI Ness, KS Trans Pacific Oil Corp.65 Miller ORRI Rooks, KS Trans Pacific Oil Corp.66 ND/DD ORRI Ness, KS Palomino Petroleum, Inc.67 Parkerson Trust A ORRI Ness, KS Pickrell Drilling Company, Inc68 Pavlu-Davidson ORRI Ness, KS Trans Pacific Oil Corp.69 Penka ORRI Barton, KS Trans Pacific Oil Corp.70 Leon County Texas Minerals Nonproducing

MineralsLeon, TX

71 Munz ORRI Stafford, KS Castle Resources, Inc.72 Noll Unit ORRI Ness, KS DaMar Resources, Inc.73 Quiring B ORRI Harvey, KS Trans Pacific Oil Corp.74 Russell B ORRI Marion, KS GLM Company75 St. Joseph Church ORRI Graham, KS Trans Pacific Oil Corp.76 Walker ORRI Ness, KS Trans Pacific Oil Corp.77 Webster ORRI Ness, KS Jo-Allyn Oil Corp.78 Westermeyer-Bales ORRI Ness, KS Trans Pacific Oil Corp.79 Wonder-Mud ORRI Ness, KS Mike Kelso Oil80 STSI Unit #1-30 ORRI Scott, KS Red Oak Energy, Inc.81 Olson B ORRI Ness, KS Veenker Resources, inc.82 Reed ORRI Ness, KS Veenker Resources, Inc.83 Sidebottom ORRI Ness, KS Veenker Resources, Inc.84 Springer B ORRI Barber, KS Griffin Management85 Sneed Mr ORRI Moore, TX Adams Affiliates86 Lynch South ORRI Moore, TX WBD Oil & Gas87 Witherbee #1, #2, #3, #4 ORRI Moore, TX Ponderosa Texas Operating88 Masterson Red Cave Unit ORRI Moore, TX Adams Affiliates


Lot Lease name Interest Type County, State Operator89 Robbie Jo 1, 4, 5, 6, 7 ORRI Moore, TX Mac 5 Operating, LLC90 Thompson 1/41/61 ORRI Moore, TX Adams Affiliates91 Baker 39 ORRI Moore, TX H&M Resources, LLC92 Multiple Lease Lot ORRI Various Various93 Multiple Lease Lot PWI Edwards, KS Petroleum Property94 Z-Bar Ranch Minerals Mineral Acres Barber, KS95 Multiple Lease Lot Operated Lease Wilson, KS P&R Oilfield Services96 Combined with Lot 9597 CO2 Project PWI Russell, KS Murfin Drilling Company98 Slagle #1-31 PWI Ness, KS MV Purchasing99 CO2 Project PWI Russell, KS MV Purchasing100 Lang ORRI Ellis, KS Meridian Energy, Inc.101 Schumacher ORRI Ellis, KS Cla-Mar Oil Company102 Habiger 18-1 ORRI Rice, KS StrataKan Exploration, LLC103 Habiger Carter Unit 18-1 ORRI Rice, KS StrataKan Exploration, LLC104 Moore ORRI Logan, KS Richland Oil Investments, LLC105 Bob Smith Barnett Package RI Denton, TX Trinity River Energy, LLC106 Lot Removed107 Thomas Wilcox Sand Package RI Kay, OK Territory Resrouces, LLC108 Arrow C-66 Engine Equipment109 Cottonwood PWI Hodgeman, KS Pickrell Drilling Company, LLC110 Lot Removed111 Multiple Lease Lot PWI Ector, TX ICA Energy112 Multiple Lease Lot PWI Meade, KS Oolite Energy Corp.113 Multiple Lease Lot PWI Jefferson, OK Trio Consulting & Management114 SLAGE #2-31 PWI Ness, KS Vess Oil corporation115 Shelton Davis Sand Package RI Grayson, TX Bend Petroleum Corp.116 Multiple Lease Lot PWI Various Various

Lot #1

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lease Name Type Operator Legal Description

Butterfield 1 & 2 ORRI Palomino Petroleum NE/4 S11-T14s-R26w

County & State Decimal Interest Operating Expenses Income

Gove, KS .0027777 None $2,352.23 (7 months)

Seller Comments $336.03 per mo.

Butterfield #1 & #2 sell together. These wells average over 100+ bopd, and have several pay zones behind pipe (confirmed with DST) Additional drilling locations confirmed w/3D.Partial Working Interest also being sold as Lot #29.

Lot #2 Lease Name Type Operator Legal Description

Cobra Rock #1 ORRI Palomino Petroleum NW/4 S12-T14s-R26w


Gove, KS .005375 None $955.83 (4 months)


Cobra Rock #1 averages between 20 & 30 bopd, and has several zones behind pipe (confirmed with DST) There are also additional drilling locations confirmed with 3D.


Max #1 ORRI Whitetail Crude, inc. NW/4 S31-T17s-R24w


Ness, KS .0030556 None $480.72 (5 months)

Seller Comments $96.14 per mo. Well averages between 17 and 25 BOPD.


Massier ‘A’ #1-8 PWI McCoy Petroleum Corp Sec. 8-T12S-R19W NW/4

County & State GWI NRI Operating Expenses Income

Ellis, KS 0.0073125 0.0060328 $121.13 (12mo) $218.52 (12mo)

Seller Comments


KST ‘A’ #1-3 PWI McCoy Petroleum Corp Sec. 3-T7S-R19W NW/4


Rooks, KS 0.01354 0.01110152 $368.84 (12mo) $303.72 (12mo)

Seller Comments Repaired lead line & pump flow line. Replace polish rod liner & seat pump, repair pump. 2/2017


Farr Trust ‘B’ #1-14 PWI McCoy Petroleum Corp Sec. 14-T7S-R19W NE/4


Rooks, KS 0.01099547 0.00907126 $477.19 (12mo) $363.60 (12mo)

Seller Comments Replace PU(Lufkin C114D), install C-96 gas engine. Replace pilot bearing, clutch & sheave. 6/2017


Sullivan Trust ‘A’ #1-17

PWI McCoy Petroleum Corp Sec. 17-T12S-R18W SW/4


Ellis, KS 0.005 0.004125 $247.65 (12mo) $609.60 (12mo)

Seller Comments

ATTENTION: This is a multiple lease lot.All leases will sell together.


Madden ‘A’ #1, 2 & 4 SWD

PWI McCoy Petroleum Corp Sec. 21-T12S-R18W SE/4


Ellis, KS 0.005 0.004125 $931.46 (12mo) $575.16 (12mo)

Seller Comments Washed down old well on lease for saltwater disposal 7/2017


Joy ‘A’ #1-28 PWI McCoy Petroleum Corp Sec. 28-T12S-R18W NE/4


Ellis, KS 0.005 0.004125 $278.90 (12mo) $549.84 (12mo)

Seller Comments


Bellerive ‘A’ #1 & 2-3

PWI McCoy Petroleum Corp Sec. 3-T7S-R19W SW/4


Rooks, KS 0.01 0.0082 $329.31 (12mo) $729.60 (12mo)

Seller Comments


Seib ‘A’ #1-9 PWI McCoy Petroleum Corp Sec. 9-12S-18W SE/4


Ellis, KS 0.0052924 0.00436623 $78.41 (12mo) $189.72 (12mo)


Lot Total Income: $294.98 (monthly net average for eight leases)


Jeromy 3204 1-26H Royalty Interest

Sandridge S2NW S26-T32s-R4w


Sumner, KS .0117187 NONE $21,641 (24mo)

Seller Comments $901 per mo. 9/20/17 check - $1,045.768/20/17 check - $785.737/20/17 check - $1019.16

Seller has an identical interest they may sell. Data package available online.



Lang Operated Lease

Meridian Energy, Inc. W/2 NE/4; N/2 SE/4 Sec 20-T13S-R20W

County & State GWI NRI Crude Purchaser

Ellis, KS 1.000 .835 Plains Marketing

Seller Comments

Arbuckle Well - Completion Date 10/9/2009Gross BOPD .83 Cumulative Oil Production 5,916

Also includes:Pump 2 X 1 1/2” x 12 RWT114 American Pumping UnitVariable speed drive12’ x 10’ fiberglass tank10’ x 15’ gunbarrel

The Water is trucked.The Motor is electric.

KGS Production Data2010 1,596 2011 802 2012 653 2013 648 2014 655 2015 505 2016 649 2017 163 Updated through 4-2017.


Yohn A ORRI McCoy Petroleum Corp Sec. 26 T30S R19W


Kiowa, KS 0.00200000 NONE $1200.00 (12mo)

Seller Comments $100 per mo. Expenses and Income for 12 month periodThe operator has expressed that they may drill another well as oil prices rise


Ross 1,2,&3 Royalty Merit Energy Sec. 30 T28S R36W

County & State Acres Decimal Interest Operating Expenses Income

Grant, KS 40 net 0.00781250 NONE $660.25 NETfor 2016

Seller Comments $55.02 per mo. Production2012 - 61,054 mcf2013 - 55,912 mcf2014 - 46,738 mcf2015 - 41,223 mcf2016 - 42,086 mcf2017 - 18,370 mcf through 6/17


Jennings 1,2&3 & Lehman 4

Royalty Linn Energy Sec. 17 T29S R38W andSec. 18 T29S R38W


Grant, KS Sec 17 -15 Net Acres Sec 18 - 3.75 Net Acres

0.002929 NONE $542.14 NETfor 2016

Seller Comments $45.18 per mo. Production Jennings 1,2,&3 2012 - 56,772 mcf2013 - 52,547 mcf2014 - 47,229 mcf2015 - 45,443 mcf2016 - 44,406 mcf2017 - 21,190 mcf through 6/17

Lehming 2014 - 75,1542015 - 48,0162016 - 40,0792017 - 18,222 through 6/17

Lot #10 Lease Name Type Operator County & State

Arrow C96 Engine Equipment

Seller Comments

Pictures available online.The engine was disassembled to crankshaft and reassembled with new rod bearings, new piston rings, changed cylinder sleeve, rebuilt head, rebuilt 210 carburetor, new start fire ignition, rebuilt fan & new fan belt, rebuilt clutch.


Matthews ORRI Vamco Operations Sec. 4 T20S R07W North 60 Acres of SW/4


Rice, KS 60 0.0273437 NONE $24/mo (avg)

Seller Comments Production (bbl)2012 - 3312013 - 3172014 - 3162015 - 1622016 - 3272017 - 226 through 8-2017An identical interest in this lease follows. It is available to the high bidder of this lot or will be sold separately.



Matthews ORRI Vamco Operations Sec. 4 T20S R07W North 60 Acres of SW/4


Rice, KS 60 0.0273437 NONE $24/mo (avg)

Seller Comments

Production (bbl)2012 - 3312013 - 3172014 - 3162015 - 1622016 - 3272017 - 226 through 8-2017


Sipes ORRI Trans Pacific Oil Corp. E/2 SW/4 Sec. 22-T21S-R13W


Stafford, KS 80 .02 NONE $2,422.08 12mo)



Deines M ORRI Thoroughbred Assoc. SW/4 Sec. 19-T15S-R25W


Trego, KS 160 .0182291 NONE $1204.20 (12mo)



Deines #2 ORRI Great Plains Energy, Inc. SW/4 Sec. 19-T15S-R25W


Trego, KS 160 .0182292 NONE $792.72 (12mo)



Lot Total Income: $166.41 (monthly net average for two leases)


Bartos B ORRI Bowman Oil Company NW/4 Sec. 22-T9S-R19W


Rooks, KS 160 .0182291 NONE $1,264.20 (12mo)



Timmerkkamp ORRI Cortam, Inc. NE/4 Sec. 6-T26S-R1E


Sedgwick, KS 160 .0546875 NONE $1,383.48 (12mo)


Monthly Net Average Income $115.29



Woodson County Package

Operated Lease

Owens Petroleum, LLC

County & State GWI NRI Crude Purchaser Acres

Woodson, KS 100% 87.5% Coffeyville Resources 1525

Seller Comments

30 wells on four producing leases

600 drillable locations left

Fields (four producing leases) sold 1500 BBL in the month of August off of 19 producing wells.


Barbara Young PWI Red Oak Energy, Inc. NW/4 of 23-T16S-R42W


Greeley, KS .01 .08063 $314.70 (12mo) $649.36 (12mo)

Seller Comments


Mader PWI Red Oak Energy, Inc. NW of 7-T10S-R25W


Graham, KS 2 .0162 $774.62 (12mo) $2,636.94 (12mo)

Seller Comments


Mowry Trust PWI Red Oak Energy, Inc. SW/4 21-T18S-R25W


Graham, KS .02 .0162 $405.17 (12mo) $1,262.71 (12mo)

Seller Comments


Headquarters PWI Red Oak Energy, Inc. SE/4 of 35-T29S-R16W


Kiowa, KS .01 .008125 $110.88 (6mo) $384.96 (6mo)

Seller Comments



Cobra Rock PWI Palomino Petroleum NW/4 Sec 12-T14S-R26W


Gove, KS .0193 .0159638 $77.51 (4mo) $2,974.02 (4mo)

Seller Comments Cobra Rock #1 averages between 20 & 30 bopd, and has several zones behind pipe (confirmedwith DST) There are also additional drilling locations confirmed with 3D. Also, really nice equipment and a $16k fence around the tank battery.


Fishgrab PWI Siroky Oil Management NW/4 Sec 2-T30S-R13W


Barber, KS .03 .0255 $515.88 (12mo) $1,478.52 (12mo)

Seller Comments


Brown 9-1 PWI Red Oak Energy, Inc. SW/4 9-T7S-R24W


Graham, KS .01 .0082 $178.55 (9mo) $228.27 (9mo)

Seller Comments 160 Acres



Siroky #3 PWI Siroky Oil Management SW/4 17 - T27S - R12W


Pratt, KS .015 .012 $318.30 (12mo) $1,426.17 (12mo)

Seller Comments 160 Acres, also sells gas


Doc #1& #2 PWI Palomino Petroleum NW/4 Sec 20-T14S-R25W


Trego, KS .02 .0164062 $559.36 (10mo) $5,167.32 (10mo)



Nichol PWI Palomino Petroleum SW/4 Sec 21 - T14S-R25W


Trego, KS .02 .0164062 $305.93 (9mo) $1,449.66 (9mo)




Seib #1 ORRI Brehm Asset Management NE/4 of 27-20S-21W


Ness, KS 10 .0375 $1,959.96 (5mo)



Harold Michaelis Family Trust

PWI Palomino Petroleum NW/4 30-T15S- R35W


Logan, KS .04 .0325 $814.27 (10mo) $9,595.53 (10mo)



Butterfield #1 & #2 PWI Palomino Petroleum NE/4 Sec 11-T14S-R26W


Gove, KS .01 .00825 $165.81 (3mo) $3,817.32 (3mo)


Butterfield #1 & #2 sell together. These wells average over 100+ bopd, and have several payzones behind pipe (confirmed with DST) Additional drilling locations confirmed w/3D.ORRI Also being sold in Lot #1

Lot #30


Lot Removed


Seibenlist ORRI Red Oak Energy, Inc. SE/4 30-T17S-R23W


Ness, KS 160 .0034375 0 $189.29 (9mo)



Braun #1 & #2 ORRI Elk Energy Holdings, LLC SE/4 26 & E/2SW/4 25 of T13S-R17W


Ellis, KS .03 0 $1,683.05 (3mo)


$884.42 - July, $393.92 - Aug, $404.71 - Sept


Lot #33 ATTENTION: This is a multiple lease lot.All leases will sell together.


Hanscom Porter 1 PWI Vess Oil Sec. 10-T18S-R26W


Ness, KS 10 8.675 $235 per mo. $1,129 per mo.

Seller Comments


Sherwin Trust 3-10 PWI Vess Oil Sec 10-T18S-R26W


Ness, KS 10 8.675 $247 per mo. $623 per mo.

Seller Comments


Walter 1-15 PWI Vess Oil Sec 15-T18S-R26W NE NW NW



Seller Comments


Sherwin Trust 1-10 PWI Vess Oil Sec 10-T18S-R26W SW SW SW



Seller Comments


Lot Total Income: $1,840 (monthly net average for five leases)


Harkness-Sherwin 1-9 PWI Vess Oil Sec. 9-T18S-R26W SE SE SE



Seller Comments



Fox A-1 PWI Trek AEC, LLC Sec. 6-T31S-R07W SW NW NE


Harper, KS 15 12.3 $234 per mo. $846 per mo.

Seller Comments


Lechner A-1 PWI Trek AEC, LLC Sec. 6-T31S-R07W NE NE NW


Harper, KS 15 12.3 0 $258 per mo.

Seller Comments

Lot Total Income: $870 (monthly net average for two leases)




Bernbeck A ORRI DaMar Resources, Inc. NE/4 Sec. 30-T16S-R25W


Ness, KS 160 .011848975 $1,616.52 (12mo)


The cash flows provided are based on a 12 month average of $43.92 oil for the period reported.Seller has an identical interest they may sell.


Betz C ORRI Vess Oil Corporation NW/4 Sec. 8-T20S-R24W


Ness, KS 160 .011848975 $916.44 (12mo)

Seller Comments $76.37 per mo. The cash flows provided are based on a 12 month average of $43.92 oil for the period reported.Seller has an identical interest they may sell.


Boger F-1 (Oil and Gas)

ORRI American Warrior, Inc. NE/4 Sec. 13-T27S-R22W


Ford, KS 160 .037 $754.32 (12mo)



Crowell ORRI Trans Pacific Oil Corp. N/2 SW/4; NW/4 Sec. 34-T18S-R24W


Ness, KS 240 .0109375 $1,495.68 (12mo)




Crowell-Miner ORRI Trans Pacific Oil Corp. S/2 S/2 SW/4 SW/4 less R-O-W Sec. 27; N/2 N/2 NW/4 NW/4 less 1 ac tractSec. 34-T18S-R24W


Ness, KS 19 .012304675 $751.92 (12mo)

Seller Comments $62.66 per mo. The cash flows provided are based on a 12 month average of $43.92 oil for the period reported. Seller has an identical interest they may sell.



LUANN 2925 2-36H ORRI Sandridge Exploration & Production, LLC

Sec. 36-T29S-R25W NE NW NW NW


Ford, KS 0 .00548387

Seller Comments

Last sales 12/2014

Lot #40


WILLIAMS WAYNE 1 PWI McGinness Oil Sec. 8-T27S-R11W NW NW SE


Pratt, KS .25 .2051 $182 per mo. $589 per mo.

Seller Comments

Lot #41


SHORE 1-33 PWI Kerr-McGee Sec. 33-T30S-R40W SE SE SE


Stanton, KS .022 .0193 $55 per mo. $287 per mo.

Seller Comments

Lot #42


HARDEN GU PWI Claassen Sec. 9-T34S-R25W NW NE SW


Clark, KS .10 .0875

Seller Comments

Lot #43


Lot Removed


Schinstock 1 PWI Berexco Sec. 16-T24S-R22W SW NW NE NW


Hodgeman, KS .0082031 .0071777

Seller Comments

Lot #44


Schinstock 2 PWI Berexco Sec. 16-T24S-R22W NE NE NW


Clark, KS .0082031 .0071777 $48 per mo. $119 per mo.

Seller Comments



Lot Total Income: $119 (monthly net average for two leases)


Lewis-Wildgen A ORRI Pickrell Drilling Company, Inc. Lot 1; E/2 NW/4 Sec. 31-T16S-R25W


Ness, KS Approx 160

.00683595 $1,052.40 (12mo)



McClean ORRI Jo-Allyn Oil Corp. NE/4 Sec. 28-T16S-R25W


Ness, KS 160 .006836 $833.64 (12mo)



Richard Norton ORRI Trans Pacific Oil Corp. N/2 N/2 Sec 8-t15s-r26w


Gove, KS 40 .0136719 $657.66 (12mo)



Oliphant ORRI Vess Oil Corporation NE/4 Sec. 11-T23S-R23W


Hodgeman, KS 160 .013671875 $1,182.84 (12mo)




Sutton ORRI Jo-Allyn Oil Corp. NE/4 Sec. 33-T16S-R25W


Ness, KS 160 .013672 $948.72 (12mo)



Lot #50 Lease Name Type Operator Location

Weatherford 144-143 Pumpjack Equipment Garden City, KS

Seller Comments

2012 model54, 64, or 76” stroke depending on setupThe pumping unit is torn down and ready to transport and seller will pay to have it loaded on the new buyers truck.


Debes R ORRI Trans Pacific Oil Corp. W/2 SE/4 Sec. 14-T18S-R24W


Ness, KS 80 .0136719 $845.40 (12mo)


Lot #51


Lot #52


Debes Unit ORRI Trans Pacific Oil Corp. SW/4; E/2 SE/4 Sec. 14-T18S-R24W


Ness, KS 240 .01139325 $ 677.40 (12mo)



Debes Unit A ORRI Trans Pacific Oil Corp. SW/4; E/2 SE/4 Sec. 14-T18S-R24W


Ness, KS 240 .0113932 $ 440.52 (12mo)


Lot Total Income: $92.32 (monthly average for two leases)



Miner-Buena Vista ORRI Trans Pacific Oil Corp. NE/4 Sec. 8-T19S-R24W


Ness, KS 160 .0227865 $1,072.32 (12mo)

Seller Comments $89.36 per mo. The cash flows provided are based on a 12 month average of $43.92 oil for the period reported.


Buena Vista ORRI Trans Pacific Oil Corp. NW/4 Sec. 17-T19S-R24W


Ness, KS 160 .01822292 $550.44 (12mo)




C. Shauers ORRI DaMar Resources, Inc. SW/4 Sec. 7-T19S-R24W


Ness, KS 160 .015 $586.80 (12mo)



Dixon Trust ORRI Palomino Petroleum NE/4 less the S 520’ of the SW/4 NE/4 Sec. 20-T17S-R25W


Ness, KS 160 .0182292 $352.08 (12mo)



Fanshier-Otte ORRI Pintail Petroleum NW/4; N/2 SW/4 Sec. 21-T19S-R24W


Ness, KS 240 .00911458 $250.80 (12mo)



Fritz Trust ORRI H & B Petroleum Corp. S/2 Sec. 8-T18S-R21W


Ness, KS 320 .01 $467.52 (12mo)




Grimes North ORRI DaMar Resources, Inc. S/2 S/2 SW/4 Sec. 17; E/2 E/2 NE/4 Sec. 19; NW/4 Sec. 20-T22S-R13W


Stafford, KS 240 .005 $199.80 (12mo)



Hiss-Adams ORRI Trans Pacific Oil Corp. NW/4 Sec. 34-T20S-R13W


Barton, KS 160 .0182292 $ 190.44 (12mo)



Holy Family ORRI Trans Pacific Oil Corp. E/2 NE/4; NW/4 NE/4; NE/4 SW/4 NE/4 Sec. 17-T21S-R13W


Stafford, KS 130 .0109375 $302.64 (12mo)




Landis ORRI Trans Pacific Oil Corp. N/2 SW/4; Sec. 5; N/2 SE/4 Sec. 6-T8S-R20W


Rooks, KS 200 .01 $193.20 (12mo)



McClellan Trust ORRI Free State Petroleum, LLC E/2 Sec. 8-T9S-R19W


Rooks, KS 320 .0182291 $502.68 (12mo)



McCoy ORRI Trans Pacific Oil Corp. SW/4 Sec. 8-T19S-R24W


Ness, KS 160 .0182292 $867.12 (12mo)




Miller ORRI Trans Pacific Oil Corp. SE/4 Sec. 17-T9S-R19W


Rooks, KS 160 .0182292 $532.68 (12mo)



ND/DD ORRI Palomino Petroleum, Inc. N/2 SW/4; S/2 NW/4 ; S/2 SW/4 Sec. 20-T17S-R23W


Ness, KS 240 .0109375 $535.44 (12mo)



Parkerson Trust A ORRI Pickrell Drilling Company, Inc. 115 ac tract in NW/4 Sec. 31-T18S-R23W


Ness, KS 115 .0075 $211.92 (12mo)




Pavlu-Davidson ORRI Trans Pacific Oil Corp. NW/4 Sec. 15-T19S-R24W


Ness, KS 160 .0091146 $912.12 (12mo)



Penka ORRI Trans Pacific Oil Corp. S/2 N/2 S/2 NW/4; S/2 S/2 NW/4; N/2 N/2 SW/4 Sec. 32-T16S-R13W


Barton, KS 100 .0182292 $350.28 (12mo)




Leon County Texas Minerals

Nonproducing Mineral Acres

Arthur Willis Survey, A-914.


Leon, TX

Seller Comments

74.5 net mineral acres 50% of 149 total acres


Munz ORRI Castle Resources, Inc. NW/4 less tract Sec. 27-T21S-R13W


Stafford, KS 160 less tract .0182292 $873.72 (12mo)



Noll Unit ORRI DaMar Resources, Inc. W/2 W/2 NE/4 on Sec. 16-T17W-R24W


Ness, KS 160 .015 $593.28 (12mo)



Quiring B ORRI Trans Pacific Oil Corp. S/2 SW/4 Sec. 3-T24S-R2E


Harvey, KS 80 .0182292 $516.60 (12mo)




Russell B ORRI GLM Company E/2 NW/4 Sec. 15-T19S-R4E


Marion, KS 80 .0273438 $245.64 (12mo)



St. Joseph Church ORRI Trans Pacific Oil Corp. SW/4 Sec. 36-T7S-R21W


Graham, KS 160 .01 $194.16 (12mo)




Walker ORRI Trans Pacific Oil Corp. Sec 33-T18s-R09w SE/4 less 1 ac tract


Ness, KS 159 .0182292 $525.84 (12mo)



Webster ORRI Jo-Allyn Oil Corp. SW/4 Sec. 34-T16S-R25W


Ness, KS 160 .0136719 $121.92 (12mo)



Westermeyer-Bales ORRI Trans Pacific Oil Corp. SW/4 Sec. 5-T20S-R24W


Ness, KS 160 .0091146 $348.96 (12mo)




Wonder-Mud ORRI Mike Kelso Oil SW/4 14-T17S-R21W


Ness, KS 160 .05 0 $3,599.05 (6mo)



STSI Unit #1-30 ORRI Red Oak Energy, Inc. NW/4 Sec. 30 - T17S - R33W


Scott, KS .0075 0 $879.97 (12mo)

Seller Comments $73.33 per mo. 480 Acre Unit (S/2S/2 of Sec.19 & N/2 of Sec.30)


Olson B ORRI Veenker Resources, Inc. All Sec. 33-T17S-R25W


Ness, KS 640 .00683595 0 $1,373.40 (12mo)




Reed ORRI Veenker Resources, Inc. NE/4 SW/4; SW/4 NE/4; SE/4 Sec. 4-T18S-R25W


Ness, KS 240 .01367185 0 $599.64 (12mo)




Sidebottom ORRI Veenker Resources, Inc. NE/4 Sec. 20-T17S-R24W


Ness, KS 160 .00769045 0 $636.12 (12mo)




Springer B ORRI Griffin Management N/2 3-T33S-R12W


Barber, KS 320 .002

Seller Comments $84 per mo. Lease has sold 6013 bbl oil from Jan - July 2017 (7mo)


Sneed Mr ORRI Adams Affiliates Sec. 3, Blk B10 EL & RR Sur


Moore, TX .0108330 $64.69 per mo.

Seller Comments

2016 - $738.51 - Oil $37.78 - Gas2017 - $437.92 - Oil Production through July 2017Moore Co. Lease No. 113550 Property No. 043105 Revenue disbursed by Operator.SALE IS SUBJECT TO ESTATE PROCEEDINGS APPROVAL IN MOORE COUNTY, TEXAS


Lynch South ORRI WBD Oil & Gas Sec. 154 Blk 3T Sur T& NO


Moore, TX .0108330 $84.41 per mo.

Seller Comments

2016 - $814.872017 - $873.29 (Through Aug 2017)Moore Co. Lease No. 93850Property No. 503995Oil Revenue disbursed by Valero Marketing SupplyGas Revenue disbursed by OperatorLease No. 1075 SALE IS SUBJECT TO ESTATE PROCEEDINGS APPROVAL IN MOORE COUNTY, TEXAS


Lot #87


Witherbee #1, #2, #3, #4 ORRI Ponderosa Texas Operating Sec. 36 Blk Z Sur GC&SF


Moore, TX .0108330 $111.59 per mo.

Seller Comments

2016 - $1,339.02 (Gas & Oil Income)2017 - $ 986.93 (Gas Income only)Moore Co. Lease No. 93900Gas Revenue disbursed by DCP Midstream, LPLease No. 33594-00Oil Revenue Disbursed by Shell Trading. Lease No. 65205. Funds are currently in suspense pending division order for the estate. Waiting on accurate numbers.SEE RCC PRODUCTION REPORT.SALE IS SUBJECT TO ESTATE PROCEEDINGS APPROVAL IN MOORE COUNTY, TEXAS


Masterson Red Cave Unit ORRI Adams Affiliates Sec. 27 Blk PMC Sur EL & RR S/2 & NE/4


Moore, TX .0108330 $594.74 per mo.

Seller Comments

2016 - $8,066.542017 - $3,828.18 (Income through Aug/17)Moore Co. Lease No. 113440Revenue disbursed by operator. Lease Property # 043250.SALE IS SUBJECT TO ESTATE PROCEEDINGS APPROVAL IN MOORE COUNTY, TEXAS


Robbie Jo 1, 4, 5, 6, 7 ORRI Mac 5 Operating, LLC Sec. 152, Blk 3T Sur T&NO


Moore, TX .0108330 $123.27 per mo.

Seller Comments

2016 - $1,437.842017 - $1,027.49 - Production through Aug 2017Moore Co. Lease No. 237520Gas Revenue disbursed by DCP Midstream Lease No. 33564-00 Oil disbursed by Plains Marketing, LP Lease No. 01-153670SALE IS SUBJECT TO ESTATE PROCEEDINGS APPROVAL IN MOORE COUNTY, TEXAS



Thompson 1/41/61 ORRI Adams Affiliates See Comments


Moore, TX .0108330 $186.41 per mo.

Seller Comments

2016 - $2,412.132017 - $1,316.09 Prod through Aug 2017Thompson 1: S/2 Sec 1, Blk B-10 EL & RR Sur;Thompson 41: S 601.8 ac less 12.6 ac Sec. 41, Blk 3, G&M Sur;Thompson 61: N 167.3 ac of Sec. 61, Blk 0-18 D&P Ry Co. Sur;Moore Co. Lease No. 320106Revenue is disbursed by operator - Lease No. 043265SALE IS SUBJECT TO ESTATE PROCEEDINGS APPROVAL IN MOORE COUNTY, TEXAS



Baker 39 ORRI H&M Resources, LLC Sec. 39 Blk 0-18 Sur D&P


Moore, TX .0108330 $60.25 per mo.

Seller Comments

2016 - $326.842017 - $938.49 (Through Sep 2017)Moore Co. Lease No. 320263Revenue Disbursed by Valero Marketing SupplyLease No. 502040SALE IS SUBJECT TO ESTATE PROCEEDINGS APPROVAL IN MOORE COUNTY, TEXAS


Crawford #32 ORRI Adams Affiliates SE/4 Sec. 32, Block P MC, EL&RR Ry Co. Sur

County & State Acres Decimal Interest Income

Moore, TX .0108330 2016 - $85.582017 - $33.09

Seller Comments

Moore Co. Lease No. 113420Revenue disbursed by Operator, Lease No. 043215


Crawford #78 ORRI Leejan Oil Company Sec. 78, Blk 0-18 D&P Sur


Potter, TX .0108330 2016 - $26.482017 - $ 0.00 See RCC Report

Seller Comments

Property No:502753 Revenue disbursed by: Valero Marketing Oil only, No Gas Rights


Robertson ORRI Kodiak Operating Sec. 211, Blk 3T, T&NO Sur


Moore, TX 0.0108330- JLS Estate 2016 - $02017 - $0 See RCC Report

Seller Comments

Revenue disbursed by DCP MidstreamMeter # 33566-00


Crawford #34 ORRI Adams Affiliates Sec. 34, Blk PMC Sur EL & RR


Moore, TX .010833 2016 - $156.382017 - $ 78.02 (Through Aug 2017)

Seller Comments

Moore Co. Lease No. 113410Revenue disbursed by Operator Lease No. 043220



Sneed 3 & 4 Consolidated ORRI Adams Affiliates Part of Sec. 3 & 4 Blk B-10 EL & RR Co. Sur


Moore, TX .0108330 2016 - $804.722017 - $450.03 (through Aug 2017)

Seller Comments

Moore Co. Lease No. 93900Revenue disbursed by operator. Lease Property No. 043103


Robertson ORRI Kodiak Operating Sec. 211, Blk 3T T&NO Sur


Moore, TX .0108333 – MLS Trust 2016 - $02017 - $0 See RCC Report

Seller Comments

Moore Co. Lease No. 1166100Revenue disbursed by:DCP Midstream –Meter #33566-00


Thompson 75 ORRI Adams Affiliates S/2 Sec. 75, Blk O-18 D&P Ry Co. Sur


Moore, TX .010833 2016 - $468.282017 - $377.70 Production through July 2017

Seller Comments

Moore Co. Lease No. 113560Revenue disbursed by operator - Lease# 043270

Lot Total Income: $128.46 (monthly net average for seven leases)This lot is subject to estate proceedings approval in Moore County, Texas



Fatzer PWI Petroleum Property NE/4 22-T26S-R17W (160 acre)


Edwards, KS .41125000 .3206 $7,508.59 (12mo) $7,925.17 (12mo)


There was a $3000 charge in March when they had to pull tubing/rods but usually averages 300-350/month LOE.

Lot #93


Mull PWI Petroleum Property SE/4 10-26S-17W; NE/4 15-26S-17W (320 acre)


Edwards, KS .35000000 .2729 $0 (12mo) $521.49 (12mo)


Lot Total Income: $703.89 (per month net average for two leases)


Lot #94 Lease Name Type County & State Legal Description

Z-Bar Ranch Minerals Mineral Acres Barber, KS Z-Bar Ranch Mineral Acres(SW/4 Sec. 15), (S/2 Sec. 16), (E/2 of SW/4 & SE/4 Sec. 20), (N/2 & W/2 of SW/4 & E/2 of SE/4 Sec. 21), (W/2 & SE/4 Sec. 22), (W/2 of SW/4 Sec. 23), NW/4 Sec. 27), (E/2 of NE/4 Sec. 28): All in Township 33 South, Range 15 West

Acres

84 Net Mineral Acres

Seller Comments

These undivided minerals are located on 2000 acres of the Z-Bar Ranch in Barber County, Kansas. The acreage lies over the heart of the Platt Oil and Gas Field and the western edge of the Aetna Gas Area. This area was first discovered in 1935 and has had much activity over the years with the latest wells in the area drilled in 2013. In 2011 and 2012, Osage Resources, LLC drilled two horizontals adjacent the western edge of the royalty acreage. There is one temporarily abandon well on the acreage that pro-duces from the Drum Limestone. The main production in the area is from the Mississippian formation. Other productive zones in the area are the Viola, Marmaton, Cherokee, and Chattanooga.



Marple Operated Lease

P&R Oilfield Services Sec 24 T27S R16E, SE/4


Wilson, KS 100% .8125 Plains Marketing 80

Seller Comments

Squirrel producing formation. Long string cemented in not perfed or completed. Drilled new well ce-ment 2 7/8” casing not perfed

Lot #96


Thorsell Operated Lease

P&R Oilfield Services S19 T27S R17E SW, SW, NW, SW


Wilson, KS 100% .875 Plains Marketing 160

Seller Comments

Good drilling project. Needs water flood.

Averaging 1/3bbl per day.

.83bbl averaged over 33 years.


CO2 Project PWI Murfin Drilling Company Sec. 28 T14S R13W


Russell, KS 0.00361354 (AVAD) 0.00154866 (Vendera)

0.02062376 (AVAD) 0.00883876 (Vendera)

$19.56

Seller Comments

Financial data from August and September 2017

Lot #97

Lot Total Income: $ (per month net average for two leases)



SLAGLE #1-31 PWI MV Purchasing S31 T20S R25W


Ness, KS 0.00487694 (AVAD) 0.00209012 (Vendera)

0.00412111 (AVAD) 0.00176619 (Vendera)

$11.79 (2 mo)

Seller Comments

Financial data from August and September 2017

Lot #98


CO2 Project PWI MV Purchasing S28 T14S R13W



0.02062376 (AVAD) 0.00883876 (Vendera)

$63.18 (2 mo)

Seller Comments

Lot #99


Lang ORRI Meridian Energy, Inc. W/2 NE/4; N/2 SE/4 S20-T13S-R20W


Ellis, KS 160 .02 $435.96 (12mo)




Schumacher ORRI Cla-Mar Oil Company W/2 S21-T13S-R20W


Ellis, KS 320 .02 $134.13 (12mo)



Habiger 18-1 ORRI Strata-Kan Exploration, LLC S/2 N/2 S18-T18s-R9w


Rice, KS 160 .02 $2,237.31 (4mo)

Seller Comments $559.33 per mo. Additional Well to be drilled 1st Quarter 2018.

Habiger 18-1 carries high producing fluid level and virtually no depletion.Produces from Arbuckle Dolomite


Habiger Carter Unit 18-1 ORRI Strata-Kan Exploration, LLC SW/4 S18-T18s-R9w


Rice, KS 10 .02 $3,761.99 (4mo)

Seller Comments $940.50 per mo. Habiger Carter Unit is pumped off and is 90% Oil . Produces from Arbuckle Dolomite.



Moore ORRI Richland Oil Investments, LLC. SW/4 S22 T12S-R33W


Logan, KS 160 .01 0 $3,178.26 (4mo)

Seller Comments $794.57 per mo. Operator reports potential behind pipe.


Bob Smith Barnett Package RI Trinity River Energy, LLC G.W Maltsberger Survey, Abstract 934


Denton, TX 1.1 Net Mineral Acres

.00131643 0 $34.78 per mo.

Seller Comments 86% Gas, 14% NGL Income: Feb 17 - $37.42 Barnett Shale formation. 1 horizontal producing well. Mar 17 - $31.85Additional information packet available online. Apr 17 - $34.49 May 17 - $34.62 Jun 17 - $35.51



Bell Edgemont 1 ORRI Three Forks Resources, LLC S28 T36N R64W SW NE


Niobrara, WY

Seller Comments $ per mo. Additional information packet available online.

Lot Removed

Lot #107

Lot #108 Lease Name Type Operator Location

Arrow C-66 Engine Equipment

Seller Comments

2012 modelLow hours, very good condition with electric starter. Pictures available on website.


Thomas Wilcox Sand Package RI Territory Resources, LLC SW/4 Sec. 15 T25N R2W


Kay, OK .0015625 0 $219.06 (3mo)

Seller Comments $73.03 per mo. 2 producing wells

Additional information packet available online.


Cottonwood PWI Pickrell Drilling Company, LLC

SW/4 Sec.4-21S-25W


Hodgeman, KS 0.5 $11,956.47 (12mo) $17,097.33 (12mo)


Lot #109



Hartman PWI Hummon W/2 SW/4, Sec 19,and N/2 NW/4 Sec.30, T32S, R3W


Sumner, KS 0.125 $10,123.05 (12mo) $12,727.73 (12mo)


Lot #110


Pride PWI Hummon NE/4, Sec7 and NW/4 Sec8, T29S, R12W


Pratt, KS 0.125 $507.02 (12mo)

Seller Comments -$42.25 per mo.


Wegener PWI Hummon NW/4, Sec29, T2S, R24W


Norton, KS 0.125 $6,189.3 (12mo) $4,926.84 (12mo)

Seller Comments -$105.21 per mo.


Schoen PWI Hummon NW SW NW Sec24, T3S, R24W


Norton, KS 0.125 $4,169.32 (12mo) $5,627.58 (12mo)


Lot Total Income: $191.12 (per month net average for four leases)



Lot Removed


Mozart 15 #2 PWI ICA Energy Section 15, Block 44, T-2-S, T&P Survey


Ector, TX 0.02787684 (AVAD), 0.011947215 (Vendera)

0.02264993 (AVAD), 0.00970710 (Vendera)

$402.50 (3mo) $5.42 (3mo)




Parker Ranchland SWD

PWI ICA Energy


Ector, TX 0.02787684 (AVAD), 0.011947215 (Vendera)

0.00000 (AVAD), 0.00000 (Vendera)

$6.19 (3mo) $

Seller Comments $ per mo.



SHINOGLE 24-1, SHINOGLE 24-2

PWI Oolite Energy Corp. Sec. 24, T33S, R30W


Meade, KS 0.01178331 (AVAD) 0.00504999 (Vendera), 0.01380857 (AVAD) 0.00591796 (Vendera)

0.00919098 (AVAD) 0.00393899 (Vendera), 0.01077068 (AVAD) 0.00461601 (Vendera)

$179.63 (2mo) $272.54 (2mo)




SHINOGLE 24-3A PWI Oolite Energy Corp. Sec. 24, T33S , R30W


Meade, KS 0.00781215 (AVAD) 0.003348066 (Vendera)

0.00000 (AVAD) 0.00000 (Vendera)

$19.15 (2mo) $ 5.11 (2mo)




Olver #1 PWI Trio Consulting & Management

Sec. 23, T6S, R6W


Jefferson, OK 0.0078554 (AVAD) 0.0033666 (Vendera)

0.00630874 (AVAD) 0.002703744 (Vendera)

$14.55 (2mo) $




Rash Barrett 24-1, Rash Bar-rett A 24-1 No. 1, 3,4,5,6

PWI Trio Consulting & Management

Sec. 24, T6S, R6W


Jefferson, OK 0.0078554 (AVAD) 0.00336666 (Vendera)

0.0067754 (AVAD) 0.00290374 (Vendera), 0.00652992 (AVAD) 0.00279854 (Vendera)

$106.10 (2mo) $


Lot Total Income: $ (per month net average for two leases)



SLAGE #2-31 PWI Vess Oil Corporation Sec. 31, T20S, R25W



0.00412111 (AVAD) 0.00176619 (Vendera)

$18.20 (2mo) $


Lot #114


Shelton Davis Sand Package RI Bend Petroleum Corp. See info packet online pg 17


Grayson, TX 256 0 $209.18 (5mo)

Seller Comments $41.84 per mo. Additional information packet available online.


Ball #1-26 PWI Oil Producers T32S,R32W,Sec26 E2 NE SE


Seward, KS 0.11737773 $3,021.23 (12mo) $790.07 (12mo)

Lot #116


Birney PWI Oil Producers T32S, R32W, Sec 25 NE NE SW


Seward, KS 0.12125 $2051.59 (12mo) $1,601.97 (12mo)


Birney Irwin 1-30 PWI Oil Producers T32S, R31W, Sec30 E2 SE NW


Seward, KS 0.1134375 $2,449.39 (12mo) $397.05 (12mo)


Brecheisen 1-9 PWI Oil Producers T35S, R38W, Sec 9 SW


Stevens, KS 0.12124997 $997.5 (12mo) $2,154.67 (12mo)


Dudrey PWI Oil Producers T33S, R31W, Sec 7


Seward, KS 0.12125 $57.56 (12mo)



Dudrey 2 PWI Oil Producers T33S, R31W, Sec 7 SE NW SE


Seward, KS 0.121 $101.88 (12mo)


Carlile 4-26 PWI Oil Producers T32S, R33W, Sec 26 NE NW SW


Seward, KS 0.12359375 $3,452.56 (12mo) $4,019.35 (12mo)


Chalfant PWI Oil Producers T28S, R21W, Sec 36 C NE


Ford, KS 0.0883448 $110.29 (12mo)


Durkee PWI Oil Producers T28S, R20W,Sec 31


Kiowa, KS 0.098 $1,947.03 (12mo) $2,431.28 (12mo)


Eaton PWI Oil Producers T33S, R31 W, Sec 27 C NW SE


Seward, KS 0.1166425 $201.47 (12mo)


Edmonston PWI Oil Producers T33S, R21W, Sec 3 E2


Clark, KS 0.1 $1,749.07 (12mo) $2,963.34 (12mo)


Garten 14-36 PWI Oil Producers T34S, R14W, Sec 36 W2 SE SW


Barber, KS 0.125 $1,289.58 (12mo) $1,565.71 (12mo)


Hager PWI Oil Producers T24S, R16W, Sec 18 C N2 NE


Edwards, KS 0.0949375 $698.7 (12mo) $374.77 (12mo)


Frick A #1 PWI Oil Producers T23S, R16W, Sec 6, S2 SE SW


Pawnee, KS 0.0786625 $593.9 (12mo) $726.9 (12mo)


Hearn 1 PWI Oil Producers T23S, R15W, Sec 35 NE SW NE


Pawnee, KS 0.081465 $644.61 (12mo) $870.07 (12mo)


Hearn 3 PWI Oil Producers T23S, R15W, Sec 35 NE SE


Pawnee, KS


Irwin PWI Oil Producers T32S, R32W, Sec 25 C SE SE


Pawnee, KS 0.0909375 $1,220.73 (12mo) $1,783.96 (12mo)


Kane Baughman PWI Oil Producers T32S, R33W, Sec 24 C NE SW


Seward, KS 0.125 $4,424.52 (12mo) $3,194.03 (12mo)


Jones PWI Oil Producers T27S, R21W, Sec 32 C S2 NE


Ford, KS 0.0882 $2,577.98 (12mo) $2,711.3 (12mo)


Langhofer (w/ Eaton) PWI Oil Producers T33S, R31W, Sec 27


Seward, KS 0.125 $189.53 (12mo)


Massoni 1-31 PWI Oil Producers T32S, R31W, Sec 31 SW


Seward, KS 0.12125 $2,050.47 (12mo) $803.54 (12mo)


Massoni 2-31 PWI Oil Producers T32S, R31W, Sec 31 SE NW NW


Seward, KS 0.122041 $3,483.6 (12mo) $1,052.01 (12mo)


M.J. Smith #1 and #2 PWI Oil Producers T22S, R32W, Sec 35


Finney, KS 0.1225


Olds Roehr #2-1 PWI Oil Producers T33S, R32W, Sec 1


Seward, KS 0.1134375 $1,770.56 (12mo) $1,068.65 (12mo)


Ormiston 1 PWI Oil Producers T33S, R31W, Sec 24 C NW NE


Seward, KS 0.125 $2,721.82 (12mo) $2,986.78 (12mo)


PamarMiller A Unitl PWI Oil Producers T28S, R20W, Sec 31 C S W


Kiowa, KS 0.0260313 $755.77 (12mo) $258.08 (12mo)


Price 1 PWI Oil Producers T28S, R21 W, Sec 25 NW NW SE NW


Ford, KS 0.0875 $2,105.81 (12mo) $1,199.66 (12mo)


Price 2 PWI Oil Producers T28S, R21 W, Sec 25 NW NW SE NW


Ford, KS


Ramsey PWI Oil Producers T28, R21 W, Sec 36 C NE SW


Ford, KS 0.08689655 $1,434.64 (12mo) $1,614.82 (12mo)


Reiss A#l PWI Oil Producers T32S, R32W, Sec 24 C NE SW


Seward, KS 0.12125 $1,894.21 (12mo)


Schartz 1 PWI Oil Producers T23S, R16W, Sec 8 C NE SE


Pawnee, KS 0.0786625 $1,152.37 (12mo) $1,027.57 (12mo)


Schartz 2 PWI Oil Producers T23S, R16W, Sec 5 NW NW SE


Pawnee, KS $1,178.71 (12mo) $1,687.68 (12mo)


Schartz B-1 PWI Oil Producers T23S, R16W, Sec 6 C NE SE


Pawnee, KS


Schartz B-2 PWI Oil Producers T23S, R16W, Sec 5 C N2SW


Pawnee, KS


Sims 1-36 PWI Oil Producers T23S, R16W, Sec 5 NW NW SE


Seward, KS 0.12125 $1,587.02 (12mo) $623.74 (12mo)

This lot contains 41 partial working interests

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.



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 Buy-er 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.



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.





Documents

Oil & Gas Auction - Amazon Web Servicesinfo.mceeauction.com.s3.amazonaws.com/Dec7/Dec7-2017Brochure.pdf · 15 Sipes ORRI Stafford, ... 17 Woodson County Package Operated Lease Woodson,