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Mineral and Royalty Interests for Auction

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Attachments

Mineral and Royalty Interests for Auction



Price: Not Specified

Other Item Info
Item #: txnbke_403783
Created: 12/15/2014
Category: Business Property > Investments > Oil/Gas Interests
Sale Date: None Set
Links: EnergyNet.com,
Inc.
Seller Info
Claude D. Smith
Trustee's Attorney
900 Jackson Street, Suite 570
Dallas, TX 75202
214-573-7300
Bankruptcy Info
Case #: 3:13-bk-34160
Case Title: Phoenix Petroleum Partners, LLC
Court: Texas Northern Bankruptcy Court
Chapter: 7
View Case Docket

See More Documents

Description

Online Auction Sale of mineral and royalty interests owned by the Phoenix Petroleum Partners, LLC through EnergyNet.com, Inc. . The Interests are listed in the "Exhibit A" on the attached PDF, consist of approximately 129 mineral interests and royalty interests located in 37 different counties in Oklahoma, Arkansas, New Mexico and Colorado.

The Trustee has collected approximately $16,500 in royalty payments from September 2013 through June of 2014 and the cost value of all of the Interests is $366,327.03.


Additional Details

  1. A Hearing held on January 9, 2015 @ 09:00 a.m.
  2. Last date to respond - January 5, 2015
  3. A minimum reserve price of $300 per net mineral acre for the Interests.


Other Information

Terms and Conditions:

See attached.


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