AUCTION DAY ANNOUNCEMENTS The Estate of Patricia Ann Stout MINERALS December 5, 2017 | Garfield Co., OK " Legal Description: All minerals in, under, and to the NW/4 a/d/a Lots 3 & 4 and the S/2 of the NW/4 of 3-23N-4W, Garfield Co., OK, subject to the "Wellbore Assignment of Oil and Gas Lease" to Plymouth Exploration, LLC filed in Book 2076, Pages 881-882 of the Garfield County records. " Current Production, Royalty, & Revenue: Production appears to be from the Sebranek 1-3H well, completed April 2011 with a royalty interest of 0.04695685, and operated by Plymouth Exploration, LLC of Tulsa, OK. The net revenue from Jan. 2016 through July 2017 was approx. $5,494.00, according to check stubs provided. - (See attached "Limited Mineral Ownership Report" for further information) " Terms & Conditions: 10% of the purchase price is to be placed in escrow the day of the auction. Buyer may use a personal or company check. Buyer will have until December 26, 2017 to examine the county records and satisfy himself/herself as to title. In the event the title examination reflects acreages different from that disclosed on the date of sale, the purchase price shall be prorated to reflect the accurate acreage. Minerals will be transferred by a Limited Warranty Mineral Deed. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyer(s) should satisfy themselves regarding the minerals being offered prior to auction day. Any announcements made the day of the auction supersede all advertising. " Closing: Closing is to be on or by January 22, 2018. The Closing Agent is Guarantee Abstract Company. Their phone number is (580) 237-5537. The closing/escrow fee is $300.00 per closing and is to be paid ½ by the Buyer and ½ by the Seller. Post-closing processing fee is $100.00 per closing and is to be paid ½ by the Buyer and ½ by the Seller. Closing is to be at the offices of Guarantee Abstract Company, 217 W. Broadway, Enid, OK. " It is expressly understood by the Seller and Buyer that Wiggins Auctioneers, LLC and MineralMarketing.com and their agents do not warrant the present or future value, the size or area, or the condition of the title to any of the tracts being offered, nor do they hold themselves out to being experts in any of these areas, and the parties agree to hold Wiggins Auctioneers, LLC and MineralMarketing.com and their agents harmless of any claims arising from any representation or misrepresentation relating to such matters. " Internet Bidders Only: In order to save you the time and expense of traveling to the auction site, this auction is being broadcast live on-line at www.wigginsauctioneers.com. There is no additional fee for this service. Neither the Auction Company nor Seller is responsible in the event of delayed signal or loss of signal by either side. MEMORANDUM OF SALE Wiggins Auctioneers, LLC Date: December 5, 2017 802 W. Maine, Ste B Enid, OK. 73701 Buyers Name ________________________________________________________________________ _______________________________ hereby agrees that he/she has agreed to purchase the following described property: All minerals in, under, and to the Northwest Quarter (NW/4) a/d/a Lots Three (3) & Four (4) and the South Half of the Northwest Quarter (S/2 NW/4) of Section Three (3), Township Twenty-three (23) North, Range Four (4) West of the Indian Meridian, Garfield Co., OK, subject to the "Wellbore Assignment of Oil and Gas Lease" to Plymouth Exploration, LLC filed in Book 2076, Pages 881-882 of the Garfield County Record, for the sum of $____________________. Buyer is knowledgeable in the oil and gas business and agrees with the terms and conditions of this sale. Buyer also agrees to make payment for the purchase price of this property in the following manner: 10% of the purchase price shall be paid at the conclusion of the auction, this day, by check or wire transfer and placed in escrow and the balance due shall be paid on or before January 22, 2018, with cashier's check or wire transfer to Guarantee Abstract Company, as escrow agent. Seller is under no obligation to furnish any evidence of title, and buyer will be responsible to examine the records to satisfy himself/herself of title. Buyer must notify Seller in writing of any title objections no later than 5:00 pm on December 26, 2017, or any title objections will be waived. The Seller agrees to use his best efforts to deliver good title to the purchasers. In the event Seller determines in their sole discretion that delivery of good title as aforesaid is legally impossible or economically unreasonable, Seller may rescind this contract, return the down payment to Buyer, and neither party shall thereafter have any further duty to the other. It is also agreed that if Buyer should fail to complete the purchase agreement according to the aforementioned terms, the 10% down payment shall be retained by the Seller as damages and the minerals shall be put up for sale again. Final settlement must be made on or by January 22, 2018, unless the Seller agrees, in writing, to an extension due to any valid legal title problems only. The Closing fee is $300.00 and is to be paid one-half (1/2) by the Buyer and one-half (1/2) by the Seller. The Post-closing processing fee is $100.00 and is to be paid one-half (1/2) by the Buyer and one-half (1/2) by the Seller. Closing is to be at the offices of Guarantee Abstract Company, 217 W. Broadway, Enid, OK. Seller shall retain all royalty payments for production, if any, through the month of closing. Buyer shall be entitled to royalty payments, if any, for production beginning the month following closing. Purchaser will receive a Limited Warranty Mineral Deed from the Seller at time of final settlement. Sale is subject to oil and gas lease(s) of record. This agreement may be executed in multiple counterparts, by separate or different individual parties on separate counterparts, and each of the counterparts shall be deemed an original and all such counterparts together shall constitute one and the same agreement. The parties hereto agree to conduct the transaction by electronic means, if desired, and parties hereby state that the electronic signature shall have the same force and effect as an original signature. Special Conditions: