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Mineral Rights in Tarrant County Texas
Listing Information
Attachments
Mineral Rights in Tarrant County Texas
Price: $210,000.00
Other Item Info
Item #: debke_152167
Created: 04/14/2014
Category: Business Property > Investments > Oil/Gas Interests
Sale Location: Newark, New Jersey
Sale Date: Wed. Jul 9, 2014
Created: 04/14/2014
Category: Business Property > Investments > Oil/Gas Interests
Sale Location: Newark, New Jersey
Sale Date: Wed. Jul 9, 2014
Seller Info
Katharine L. Mayer
Trustee's Attorney
Renaissance Centre 405 N. King Street, 8th Floor
Wilmington, DE 19801
302-984-6300
Trustee's Attorney
Renaissance Centre 405 N. King Street, 8th Floor
Wilmington, DE 19801
302-984-6300
Bankruptcy Info
Case #: 1:13-bk-12620
Case Title: Teletouch Communications, Inc.
Court: Delaware Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Teletouch Communications, Inc.
Court: Delaware Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of Mineral Rights and Interests of Progressive Concepts, Inc. in that certain Paid Up Oil and Gas Lease. The Lease provides for, among other things, the granting of exploration, development, production and marketing rights with regard to, among other things, oil and gas with all hydrocarbon and non-hydrocarbon substances produced in association therewith on or within 12.923 acres in Tarrant County, Texas and the payment of royalties therefrom.
Financial Overview
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Additional Details
Sale Hearing in US Bankruptcy Court:
Courtroom #4
824 N. Market Street, Wilmington, Delaware 19801
Time - July 9, 2014, at 2:00 p.m.
Auction Sale at the offices of McCarter & English, LLP
Newark, New Jersey
Time - June 27, 2014, at 11:00 a.m.
Bid Deadline: June 24, 2014 at 1:00 p.m.
Bid Amount - $210,000
Good Faith Deposit: 10% percent of the minimum cash purchase price
Minimum Increments in Auction - $5,000
Last date to respond - April 28, 2014 @ 4:00 p.m.