Oil, Gas & Mineral Rights Auction

United Country Jelliff Auction Group

 

Date(s) 7/18/2018 - 8/16/2018

Bid now through Thursday, August 16, 2018 soft close ends at 7:30 p.m. (est)

Past Auction
Online-Only Auction
Bidding Notice:

A $500 refundable bidding deposit is required to bid. Deposit must be received by 4 p.m. Wednesday, August 15, 2018

Auction Information
Name Oil, Gas & Mineral Rights Auction
Auctioneer
Type Online-Only Auction
Date(s) 7/18/2018 - 8/16/2018
Auction Date/Time Info
Bid now through Thursday, August 16, 2018 soft close ends at 7:30 p.m. (est)
Preview Date/Time N/A
Checkout Date/Time Both lots sell subject to owners confirmation high bidder will be contacted at conclusion of auction.
Location
Buyer Premium 10%
Description
Pine Township, Lycoming County, PA; English Run Road, Morris, PA 16938, 54.7 net mineral acres: Lot 1: 12.4 acres currently leased to SWEPI Lot 2: 42.3 acres currently un-leased Buy 1 lot or both! This auction is for OGM's ONLY - no surface (land) is offered.
Terms: Subject to Owner Confirmation - A refundable $500 deposit is required to bid. 10% buyers premium will be added to high bid to determine sale price. High bidder will be contacted at the conclusion of the auction to discuss bidding status. Winning bidder must sign Agreement of Sale and place a 10% down payment within 24 hours of notification, either in person or by wire transfer (wiring instructions will be provided by Auction Company). Balance will be due at closing on or about 45 days. Please contact the Auction Company with any questions. 570-835-4214 Bidder agrees that the items listed below shall govern this auction and he/she agrees with them. 1. FULL PAYMENT: A refundable $500 deposit is required to bid. 10% buyers premium will be added to high bid to determine sale price. High bidder will be contacted at the conclusion of the auction to discuss bidding status. Winning bidder must sign Agreement of Sale and place a 10% down payment within 24 hours of notification, either in person or by wire transfer (wiring instructions will be provided by Auction Company). Balance will be due at closing on or about 45 days. Please contact the Auction Company with any questions. 570-835-4214 2. BIDDING: A $500. refundable deposit is required to bid. Subject to owner confirmation 3. AGENTS ONLY: The Auctioneers are acting as the Seller's Agents only. I have read the bidder terms and conditions and hereby agree to the above terms and conditions of the auction. 5. United Country Jelliff Auction Group has the right to accept or deny bidders from attending their auctions online. 6. Broker participation invited, call for details.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 20,000.00 1,000.00 USD
20,000.01 - 500,000.00 500.00 USD
500,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10%
Payment Terms
Sale subject to owner confirmation. A $500 refundable deposit is required to bid, call for wiring instructions. 10% buyers premium will be added to high bid to determine price. 10% down will be due within 24 hours of conclusion of auction, balance due at closing on or about 45 days.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.