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Mineral Rights Contract for Sale

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Listing Information

Attachments

Mineral Rights Contract for Sale



Minimum Price: $14,500.00


Other Item Info
Item #: mabke_447618
Created: 08/07/2015
Category: Business Property > Investments > Contract Rights
Sale Date: None Set
Seller Info
John Aquino, III
Trustee
240 Lewis Wharf
Boston, MA 2110
(617) 723-3600
Bankruptcy Info
Case #: 1:14-bk-11879
Court: Massachusetts Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of mineral rights contract which provides for the payment of royalties generated from the extraction and sale of oil from several wells located in Bakersfield, California.

Contract - The economic interests of Nancy T. Daly arising out of a certain contract dated January 20, 1919, by and between Mobil Oil Corporation and certain shareholders of Marina Oil Company. The contract was subsequently amended by agreements dated May 15, 1958, May 1, 1963, October 9, 1964, and July 21, 1969.


Additional Details

  1. Bid Amount - $15,225
  2. Bid Deposit - $4,500


Other Information

Terms and Conditions:

See attached.


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