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Oil & Gas and Mineral Interests for Sale

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Listing Information

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Oil & Gas and Mineral Interests for Sale



Price: $5,500.00


Other Item Info
Item #: ilsbke_183375
Created: 09/05/2019
Category: Business Property > Investments > Oil/Gas Interests
Sale Location: Benton, Illinois
Sale Date: Tue. Sep 24, 2019
Seller Info
Dana S. Frazier
Trustee
P.O. Box 159
Murphysboro, IL 62966
618-687-5707
Bankruptcy Info
Case #: 4:18-bk-41126
Court: Illinois Southern Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of the seller's interest in the following described oil, gas, coal, and mineral rights and royalty interest and any and all lease interest with Countrymark Refining and Logistics, LLC, and Plains Marketing, L.P., subject to any and all other leases, other encumbrances and liens, further described as:

  • All interest in the F.H. Osterman Lease No. 476706 NW/4 SW/4 OF SECTION 13, TOWNSHIP 1 SOUTH, RANGE 8 EAST, Wayne County, Illinois;
  • All interest in the MTV #2 SE/4 SW/4 SECTION 11, TOWNSHIP 7 SOUTH, RANGE 14 WEST, 40 ACRES, AS TO AND ONLY AS HORIZONS AND PRODUCING FORMATIONS BELOW AND NOT UNITIZED UNDER THAT CERTAIN AGREEMENT TITLED MT VERNON CONSOLIDATED POOL UNIT AGREEMENT DATED SEPTEMBER 21, 1962, EFFECTIVE NOVEMBER 1, 2062, RECORDED ON BOOK 86, PAGES 346-353, OFFICE OF THE RECORDER OF POSEY COUNTY, INDIANA. SIUTATED IN POSEY COUNTY, INDIANA Posey County, Indiana;
  • All interest in the Scherer #1 Unit W/2 NE/4 NW/4 OF SECTION 30, TOWNSHIP 2 NORTH, RANGE 10 EAST Richland, County, Illinois;
  • All interest in the Scherer #1-A Unit EAST 20 ACRES OF NW/4 NW/4 OF SECTION 30, TOWNSHIP 2 NORTH, RANGE 10 EAST Richland, County, Illinois;
  • All interest in the Scherer #4 Unit E/2 NE/4 NW/4 OF SECTION 30, TOWNSHIP 2 NORTH, RANGE 10 EAST Richland, County, Illinois;
  • All interest in the Lamont Heirs #1-A THE W/2 OF THE NE/4 OF THE SE/4 OF SECTION 26, TOWNSHIP 3 SOUTH, RANGE 10 EAST White County, Illinois;
  • All interest in the Lamont Heirs B THE W/2 OF THE SE/4 OF THE SE/4 OF SECTION 26, TOWNSHIP 3 SOUTH, RANGE 10 EAST White County, Illinois;
  • All interest in the Jerry Duncan #1 THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 26, TOWNSHIP 3 SOUTH, RANGE 10 EAST White County, Illinois; and
  • All oil, gas, coal and other minerals the debtor may own in the State of Illinois and Indiana.

Sale Location

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301 West Main Street
Benton, IL, 62812

Additional Details

  1. Sale Hearing Time: 9:00 a.m.
  2. Bid Increment: $100.00
  3. Bid Deadline: September 24, 2019
  4. Last date to respond: September 24, 2019


Other Information

Terms and Conditions:

See Attached.


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