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Assets of Drilling Oil And Gas Wells Business

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Assets of Drilling Oil And Gas Wells Business



Price: $150,000.00


Other Item Info
Item #: txebke_182693
Created: 10/03/2019
Category: Business Property > All Assets or Going Concerns > Oil & Gas Producers
Sale Location: Lufkin, Texas
Sale Date: Fri. Oct 18, 2019
Seller Info
Stephen J. Zayler
Trustee
PO Box 150743
Lufkin, TX 75915
(936) 634-1020
Bankruptcy Info
Case #: 6:19-bk-60463
Case Title: Erebor Resources, LLC
Court: Texas Eastern Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of assets of Erebor Resources, LLC, including real property, oil, gas and mineral leases, equipment, wells and facilities. The Assets shall also include all amendments to the Leases; all rights in or derived from any pooled units or similar agreements related to the Leases or Wells; all contracts and contractual rights or obligations related to the Leases including plugging and abandonment bonds and any collateral associated therewith, all personal property, equipment and facilities located on the Leases, or used in connection with operations thereon; and all other corresponding rights in the land covered by the Leases and Wells, including any easements or similar rights and Real Property.

Assets for sale is more particularly described in Exhibits “A”, “B” and “C” from Page No. 47-51 on the attached PDF


Sale Location

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123 E Lufkin Avenue
Lufkin, TX, 75901

Additional Details

  1. Auction Time: 10:00 a.m.
  2. Bid Amount: $175,000
  3. Bid Increment: $10,000
  4. Bid Deadline: October 14, 2019
  5. Last date to respond: 21 days from the date of service
  6. Date of Service: October 1, 2019


Other Information

Terms and Conditions:

See Attached.


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