126 Acres Oil and Gas Minerals
Location: Off the Hall Rd in Buckhannon on Macedonia Road.
GPS: 39.044446, -80.172976
Bidding is open and ends Monday, December 2nd
@ 6:00 PM
126 Acres Oil and Gas Rights * Upshur County * Unleased Minerals *
This is an investment opportunity to own 126 continuous acres of unleased oil and gas minerals. No wells have been drilled in the past in this tract. At one point it was leased but never drilled. The acreage lies beneath the following tracts. Legal: 06-7D-16, 06-7D-16.1, 06-7D-12.4, 06-7D-12.2, 06-7D-12.3, 06-7D-16.3, 06-7D-16.2, 06-7D-14
All square footage and other dimensions are approximate.
KAUFMAN REALTY & AUCTIONS OF WV
399 W. Main St.
Bridgeport, WV 26330
David Anthony Kaufman, Broker
Alden Butcher – Sale Leader
Auc. Lic #1918
John L. Spiker
Auc. Lic #184
(Seller would like to close on this transaction on or before December 31, 2019 )
10% Non-refundable down payment made at the auction or wired into the Kaufman Realty & Auctions Trust Account within 24 hours of the completion of the auction if purchased online, via phone, or absentee bid. If auction is held onsite, onsite buyers are required to provide the funds following the auction.
Online, phone and absentee buyers must execute the contracts and disclosures and return them to Kaufman Realty & Auctions within 24 hours of the end of the auction. Email and faxed copies are acceptable.
No financing contingencies, in bidding either live, online, via phone or by absentee bid the potential buyer is stating they will have funds to close in the allotted amount of time. Time is of the essence in all closings.
Down payment 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