Oil & Gas Property in Texas
Listing Information
Oil & Gas Property in Texas
Price: $500,000.00
Created: 05/28/2018
Category: Business Property > Investments > Oil/Gas Interests
Sale Date: None Set
Trustee's Attorney
2929 Allen Parkway, Ste. 2800
Houston, TX 77019
(713) 335-4800
Case Title: Payson Petroleum, Inc.
Court: Texas Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of Oil & Gas Property physically located in Grayson County, Texas, described as below:
Grayson County, Texas Real Property: All of Payson Petroleum and Maricopa’s real property located in Grayson County, Texas to include Payson Petroleum and Maricopa’s interests in the Turner #1, William #1H, Elaine #1, Jenny #1, Crowe #1, Crowe #2, and Brown #1 oil and gas wells (the “Subject Wells”), as well as all leasehold interests, royalty and overriding royalty interests, or personal property associated with the Subject Wells (the “Subject Oil & Gas Property”). The Sale also include Payson Petroleum’s interest in approximately seventeen (17) acres of Grayson County, Texas surface property (the “Surface Property”). The Sale include Operating Rights to operate the Subject Oil & Gas Property.
Financial Overview
Additional Details
Last date to respond - 21 days from the date of service
Date of Service - May 22, 2018