49.5 +/- Acres Braxton County, WV Oil & Gas Minerals
49.5 +/- Acres Braxton County, WV Oil & Gas Minerals Auction
Location: Granny’s Creek, Otter District, Braxton County, WV 26601
GPS Coordinates: 38.703926, -80.697784
Online bidding is open & begins ending Monday, April 1st at 7:00 PM
49.5 +/- Net Acres un-leased Oil & Gas Minerals | Braxton County | Otter District, Granny’s Creek | Investment Opportunity
Invest in appreciating mineral assets!
Owning oil and gas minerals in Braxton County, West Virginia can offer several benefits and future lease potential. Here are some key advantages:
Potential for Profit: Owning oil and gas minerals gives you the opportunity to earn royalty payments from the production of oil and gas.
Diversification of Income: Owning oil and gas minerals provides a diversification of income sources. If you already own property in Braxton County, adding oil and gas minerals to your portfolio can create an additional stream of revenue.
Long-Term Investment: Oil and gas minerals can be a long-term investment strategy. While the energy market may experience fluctuations, oil and gas reserves have the potential to generate income for many years. This makes owning minerals a valuable asset that can appreciate over time.
Tax Benefits: Owning oil and gas minerals can offer tax advantages. Depending on the specific tax laws in your area, you may be eligible for deductions related to the acquisition, maintenance, and development of minerals. It is important to consult with a tax professional to understand the specific benefits available to you.
Lease Potential: Braxton County, West Virginia has future lease potential for oil and gas minerals. The presence of oil and gas reserves in the area increases the likelihood of attracting energy companies for leasing agreements. This can result in lease bonuses and ongoing royalty payments.
49.5 +/- net oil & gas mineral acres consist of (1) tract(s):
49.5 Acres
3-9999-0000-9200, 3-9999-0000-9210
Otter District, Braxton County, West Virginia
Terms:
10% nonrefundable down payment due within 48 hours of the close of the Auction. No financing or other contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is, no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer’s premium will be added to determine the final contract price.
KAUFMAN REALTY & AUCTIONS OF WV
www.kaufmanauctionswv.com
399 W. Main St.
Bridgeport, WV 26330
(304) 931-1023
David Anthony Kaufman, Broker
License #WV0030037
Alden K. Butcher- Auctioneer/Realtor
Alden.butcher@kaufmanrealty.com
Cell# (304) 695-1621
License#WV0030182
Auc. License #1918
