Lot # : 13 - LATIMER COUNTY, OK - 1.625 NMA

Online Only Auction
LATIMER COUNTY, OK - 1.625 NMA
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Oklahoma City, OK 73151
Date(s)
8/22/2024 - 9/5/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

A 10% Buyers Premium will be added to the high bid at auction to determine the purchase price. Neither the Seller or the Auction Company is responsible in the event of a loss of signal or delay of signal by either side.

Information
Lot # 13
Group - Category Real Estate - Commercial
Lead LATIMER COUNTY, OK - 1.625 NMA
Description
1.625 NMA IN SECTION 28-3N-20E, LATIMER COUNTY, OK (POTATO HILLS) - OPEN OF RECORD HELD UNDER: RESERVOIR ANALYTICS AND LAND SERVICES, LLC
Name August '24 Oil & Gas Mineral Auction - NEW LOTS JUST ADDED!!
Auctioneer
DWilliam Auction Company
Type Online-Only Auction
Date(s) 8/22/2024 - 9/5/2024
Auction Date/Time Info
Bidding begins on Thursday, 08/22/2024 at 10:00am. Bidding ends on Thursday, 09/05/2024 starting at 2:00pm for the first tract and every 120 seconds thereafter.
Preview Date/Time Email DWilliam Auction Company at any time with questions concerning tracts being auctioned or questions in general. service@dwilliamauctioncompany.com
Checkout Date/Time All Lots must be paid for forty-eight (48) hours after auction closing, which is by Monday, 09/09/2024.
Location
9818 Prosper Dr
Oklahoma City, OK 73151
Buyer Premium 10% BUYERS
Description
Oklahoma, Kansas and Ohio Oil & Gas Producing/Non-Producing Oil & Gas Mineral Interests -- Oklahoma - Beaver, Blaine, Coal, Dewey, Latimer, Okfuskee, Seminole, Washita, & Woodward Counties -- Kansas - Crawford County Ohio - Lake County
1. Bidder(s) should examine county records and satisfy themselves as to title verification PRIOR to the auction close. 2. Full payment (winning bid plus a 10% Buyer’s Premium) via wire transfer should be made within forty-eight (48) hours after the last lot closes. Wire instructions on invoice. 3. Internet Buyers agree to pay a 10% online Buyers Premium to the DWilliam Auction Company. 4. IT IS EXPRESSLY UNDERSTOOD by both the Seller(s) and Buyer(s) that DWilliam Auction Company and its agents do not guarantee present values, future values, the size, or area of sold tracts, or warrant title as to any of the tracts being offered for auction. DWilliam Auction Company and its agents are not experts, or do they claim to be experts in any of these areas, and the parties agree to hold DWilliam Auction Company and its agents harmless of any claims arising from any representation or misrepresentation relating to such matters. 5. All information and its sources are believed to be accurate and reliable; however, no guarantee is made by DWilliam Auction Company or its agents. 6. Any announcements made the day of the auction supersede all previous declarations regarding auction. 7. Neither DWilliam Auction Company nor Seller(s) are responsible in the event of delayed signal or loss of signal by either side. 8. By bidding I acknowledge that I have viewed or received a copy of the Auction Day Notices, which includes information about the property and terms and conditions.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 100.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% BUYERS
Payment Terms
Invoices will be sent to Winning Bidders 09/05/2024 after all lots have closed. Payment may be made via wire transfer. Wire Instructions will be included with the invoice.
Upon receipt of full payment, an executed, notarized Mineral Deed will be sent to the winning bidder. Said deed will need to be filed of record with the County Clerk.