Southeastern Ohio Oil & Gas Mineral Auction
155.353 +/- Net Mineral Acres in Millwood Township of Guernsey Co. Ohio
Minerals Are Not Subject to a Current Lease!
Online Only Bidding ends Thursday March 30th, 2023
Bidding starts closing at 5:00 PM w/extended bidding.
Offering an exceptional investment in a prime development area of the Utica/Point Pleasant Shale play in Southeastern Guernsey Co. Buyer has the option of buying 25%, 50%, 75% or 100% of the 155.353 net acres being sold.
Subject #1 38.84 Acres - Guernsey County, OH. Millwood Township. A 20.83% Undivided interest in 186.424 Acres of Oil & Gas Minerals (38.84 net Acres) in Section 03. Surface Parcel ID#s 23-0000682.000, 23-0000683.000, & 23-0000603.000 for location purposes only!
Legal Description: Range 7, Township 9, Section 3
Subject #2 38.84 Acres - Guernsey County, OH. Millwood Township. A 20.83% Undivided interest in 186.424 Acres of Oil & Gas Minerals (38.84 net Acres) in Section 03. Surface Parcel ID#s 23-0000682.000, 23-0000683.000, & 23-0000603.000 for location purposes only!
Legal Description: Range 7, Township 9, Section 3
Subject #3 38.84 Acres - Guernsey County, OH. Millwood Township. A 20.83% Undivided interest in 186.424 Acres of Oil & Gas Minerals (38.84 net Acres) in Section 03. Surface Parcel ID#s 23-0000682.000, 23-0000683.000, & 23-0000603.000 for location purposes only!
Legal Description: Range 7, Township 9, Section 3
Subject #4 38.84 Acres - Guernsey County, OH. Millwood Township. A 20.83% Undivided interest in 186.424 Acres of Oil & Gas Minerals (38.84 net Acres) in Section 03. Surface Parcel ID#s 23-0000682.000, 23-0000683.000, & 23-0000603.000 for location purposes only!
Legal Description: Range 7, Township 9, Section 3
Click on the “Documents” tab for a copy of the ODNR Gas Well Viewer Location Map.
Auction Terms: 10% Buyers’ Premium added to the final bid price to determine the contract price. 10% Non-refundable deposit wired to the Kaufman Realty & Auctions Trust Account within 24 hours of the completion of the auction if purchased online, via phone, or absentee bid. Balance due at closing in 45 days. Online, phone and absentee buyers must execute purchase agreement and disclosures and return them to Kaufman Realty & Auctions within 24 hours of the end of the auction. Electronic copies are acceptable. No financing contingencies, in bidding either online, via phone or by absentee bid the bidder is stating they will have funds to close as per terms. Time is of the essence in all closings.
Deposit is refundable in the event the seller is unable to deliver a Limited Warranty Oil & Gas Mineral Deed and Title that parallels the terms of the lease and any title available for the potential buyers review prior to the auction. Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed. Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts. Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase, prior to bidding.
Parcel numbers are provided as a reference to locate the surface location. The sale includes Oil & Gas Minerals Only NO SURFACE is selling!
FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
BIDDING IS ON A PER ACRE BASIS AND IS ROUNDED TO CLOSEST WHOLE ACRE ON THE BIDDING PLATFORM, THE FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
Kaufman Realty & Auctions Mossy Oak Properties
Bauer Real Estate Co
(888) 852-4111
www.kaufmanrealty.com
Jason L. Miller Partner/Auctioneer
740-541-7475 or [email protected]
Brian Bauer
614-949-6764 [email protected] www.ohiolandforsale.com 