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Assets of Oil & Gas Exploration Company

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Assets of Oil & Gas Exploration Company



Price: Not Specified

Other Item Info
Item #: txnbke_446690
Created: 07/06/2018
Category: Business Property > Investments > Oil/Gas Interests
Sale Location: Fort Worth, Texas
Sale Date: Tue. Sep 18, 2018
Seller Info
Rachel L. Hillegonds
Debtor's Attorney
250 Monroe Avenue, NW, Suite 800 PO Box 306
Grand Rapids, MI 49501
616-831-1711
Bankruptcy Info
Case #: 4:17-bk-40120
Case Title: Arabella Exploration, LLC
Court: Texas Northern Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Auction Sale of substantially all of assets of the Arabella Exploration, LLC which include, but are not limited to, the seller's working interests in the wells known as “Graham,” “Locker State,” “Emily Bell,” “Woods,” and “Jackson”, as well as the working interests of the participating Non-Ops in said wells.


Sale Location

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505 Pecan St. Suite 201
Fort Worth, TX, 76102-4061

Additional Details

  1. Auction Time: 10:00 a.m.
  2. Sale Hearing Held on September 27, 2018, at 1:30 p.m.
  3. Minimum Overbid Increment: Any Overbid following the Baseline Bid or following any subsequent Prevailing Highest Bid (as defined herein) for all or substantially all of the Assets shall be in increments of value equal to (or exceeding) $25,000.
  4. Bid Deposit: 5% of the aggregate cash and non-cash Purchase Price of the Bid
  5. Bid Deadline: September 10, 2018
  6. Last date to respond: September 25, 2018


Other Information

Terms and Conditions:

See Attached.


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