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Oil and Gas Leases in Texas
Listing Information
Attachments
Oil and Gas Leases in Texas
Price: $405,375.00
Other Item Info
Item #: tnebke_11077
Created: 08/23/2017
Category: Business Property > Investments > Oil/Gas Interests
Sale Date: None Set
Created: 08/23/2017
Category: Business Property > Investments > Oil/Gas Interests
Sale Date: None Set
Seller Info
Douglas Johnson
Trustee
428 McCallie Avenue
Chattanooga, TN 37402
423-718-5151
Trustee
428 McCallie Avenue
Chattanooga, TN 37402
423-718-5151
Bankruptcy Info
Case #: 1:01-bk-17271
Case Title: North American Royalties, Inc.
Court: Tennessee Eastern Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: North American Royalties, Inc.
Court: Tennessee Eastern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of Oil and Gas Leases located in Martin County, Texas. The property consists of approximately 162.15 net mineral acres of working interest leasehold in and to the oil and gas leases and more particularly described in Exhibit A on the attached PDF.
Financial Overview
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Additional Details
Sale Price: Cash in the amount of $2,500.00 per each net mineral acre delivered at 162.15 per net mineral acre which is approximately of Four Hundred Five Thousand Three Hundred Seventy-five ($405,375.00) Dollars.
Bid Deadline: 21 days from the date of service
Last date to respond: 21 days from the date of service
Date of Service: August 21, 2017