Sale Day Catalog Dec. 12, 2018 - Amazon Web Servicesinfo.mceeauction.com.s3.amazonaws.com/12-12-18/Dec... · 12/12/2018 · Sale Day Catalog Dec. 12, 2018 Oil & Gas Asset Auctions

Auction Begins @ 12:12pmLunch Served @ 1:12pm

The Wichita Boathouse515 S. Wichita StreetWichita, KS 67202

Selected lots in this auction are being sold subject to seller confirmation. If you have any questions regarding this please

call our office.

Sale Day Catalog Dec. 12, 2018

O i l & G a s A s s e t A u c t i o n s

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ELI Wireline Services, LLC1327 Noose Road

Hays, Kansas (785) 628-6395

www.eliwireline.com

James Stephensonemail: [email protected]: www.petrobase.net

http://www.eliwireline.com/

http://www.petrobase.net

Lot Lease name Interest Type County, State Operator1 Briscoe Springman Package RI Dimmit, TX SN EF Maverick, LLC2 Donovan ORRI Barber, KS Charles Griffin3 Kohl PWI Ellis, KS TDI, Inc.4 Lot combined with #185 Lot combined with #256 Wiesner Unit PWI Ellis, KS TDI, Inc.7 Lewis Ranch A 1-25 PWI Hitchcock, NE Canyon Operating8 Berkgren ‘B’ Operated Lease Logan, KS Blake Exploration9 Arkansas Minerals Mineral Acres Cleveland, AR10 Lot Removed11 B&P Operated Lease Ness, KS Palomino Petroleum12 Shultz 15 1H ORRI Reno, KS Unit Petroleum Co13 Lot Removed14 Kostner ORRI Kingman, KS Novy Oil & Gas, Inc.15 Lamer-Dixon Operated Lease Ness, KS Palomino Petroleum16 Lot Removed17 Huss Trust A 2-29 PWI Hitchcock, NE Canyon Operating18 Smith, Heard Operated Lease Gove, KS Reef Operating, Inc.19 Lot Removed20 Werth PWI Ellis, KS TDI, Inc.21 Lot Removed22 Pelton A 2 Operated Lease Rooks, KS Anderson Energy, Inc.23 Jebito 1-22/William 1-22 ORRI Blaine, OK Monty L. Hott Production Corp.24 Eaton Trust 1 & 2 Operated Lease Rooks, KS Anderson Energy, Inc.25 Brown ‘M’ 1-28 PWI Hitchcock, NE Canyon Operating26 Wegele Honas Ring Operated Lease Ellis, KS Double D’s Oil LLC27 Lot combined with #2628 Lot Removed29 Lot Removed30 Brown ‘M’ 1-28 PWI Hitchcock, NE Canyon Operating31 Springer ORRI Barber, KS Charles Griffin32 Cramer 1-8 PWI Furnas, NE Canyon Operating

Table of Contents for Dec 12th, 2018 AuctionAuction starts promptly at 1:11PM!

Lot Lease name Interest Type County, State Operator33 Charlotte Trust PWI Ellis, KS Knighton Oil34 Cauther 1, 2, 3, 5 Operated Lease Clark, KS High Bluff Operating, LLC35 Ronald PWI Ellis, KS Knighton Oil36 Lot removed37 Boos & Seibel Operated Lease Ellis, KS J and A Oil, LLC38 Lot Removed39 Donna #1H/Hirt Farms ORRI Pratt, KS Charles Griffin40 Dixon Trust Operated Lease Ness, KS Palomino Petroleum41 Lot Removed42 Lot Removed43 Amos 1-30, 2-19 Operated Lease Clark, KS High Bluff Operating, LLC44 Lot Removed45 Continental Noble Package ORRI Noble, OK White Star Petroleum, LLC46 Lot Removed47 Randel ORRI Barber, KS Charles Griffin48 Lot Removed49 Stevenson Trust Operated Lease Gove, KS Palomino Petroleum50 Lewis Ranch GP 1 PWI Hitchcock, NE Canyon Operating51 Cox 1, 2, 3 Operated Lease Clark, KS High Bluff Operating, LLC52 Lot Removed53 Kim #2 Operated Lease Lane, KS Palomino Petroleum54 Lewis, M H 1 PWI Hitchcock, NE Canyon Operating55 Pachner 1 Operated Lease Decatur, KS J and A Oil, LLC56 Lot Removed57 Lot Removed58 Cedar Grove, Jo Lynn, H

VoiseORRI Noble, Pawnee,

Payne OKWhite Star Petroleum, LLC

59 Kirkpatrick & Davis Trust Operated Lease Ford, KS Eck Petroleum LLC60 Mira Vista Unit RI Tarrant, TX XTO Energy Inc.61 Lewis Ranch F 1-25 PWI Hitchcock, NE Canyon Operating62 Kober ‘JT’ Operated Lease Ness, KS Palomino Petroleum63 Sharron ORRI Barber, KS Charles Griffin64 Fitzgerald McKee Operated Lease Ness, KS Palomino Petroleum


Lot Lease name Interest Type County, State Operator65 Austin F 1-15 PWI Canadian, OK Chesapeake Operating, LLC66 Z-Bar Minerals Mineral Acres Barber, KS67 Edwards Operated Lease Greenwood, KS Teichgraeber Oil Inc.68 Wiley Bob Package RI Howard, TX SM Energy69 Robinson 9-1MH ORRI Payne, OK White Star Petroleum, LLC70 Greenwood Operated Lease Greenwood, KS Teichgraeber Oil Inc71 Lot Removed72 Stobaugh-Dawe-Smith RI Gonzales, TX Auterra Operating, LLC73 Harris A Operated Lease Greenwood, KS Teichgraeber Oil Inc.74 Lot Removed75 Lot Removed76 Belle ORRI Barber, KS Charles Griffin77 State-Nebr A 16-13 PWI Hitchcock, NE Canyon Operating78 Nuttle Trust Operated Lease Ness, KS Palomino Petroleum79 Lewis Gott 2-25 PWI HItchcock, NE Canyon Operating80 Stoll - Hughes Operated Lease Logan, KS Palomino Petroleum81 Mccasland Waterflood RI Austin, TX Enhanced Energy Partners Corp82 Huss Family 1-31 PWI Hitchcock, NE Canyon Operating83 Terese #1H ORRI Barber, KS Charles Griffin84 Miller B Operated Lease Greenwood, KS Teichgraeber Oil Inc.85 Eckerman &

Browning HeirsRI Duval, Nueces, TX Double Play Oil & Gas, Inc. /

Sunray Marketing, LLC86 Huss Trust 1-29 PWI Hitchcock, NE Canyon Operating87 3D Family-Hanna Operated Lease Gove, KS Palomino Petroleum88 Boyd, Arvel RI Parker, TX Devon Energy Corporation89 Uehling - Schwien Operated Lease Ness, KS Palomino Petroleum90 Lot Removed91 Deines Unit Operated Lease Trego, KS Palomino Petroleum92 Rainwater #3H RI Rusk, TX Valence Operating Company93 Seefeld #1 #2 & #3/Karst SWD PWI Graham, KS Meridian Energy, Inc.94 Nordling Operated Lease Stanton, KS Abercrombie Energy, LLC95 Huss Trust A 1-29 PWI Hitchcock, NE Canyon Operating96 Larucia Bondy ORRI Brooks, Hidalgo,

Willacy, TXBdewbre Petroleum Corporation, South Leeville, LLC


Lot Lease name Interest Type County, State Operator97 Lonker ‘A’ Operated Lease Barber, KS Abercrombie Energy, LLC98 Ollie 1H WI Canadian, OK Devon Energy Corporation99 Lewis Ranch C 1-27 &

2-27PWI Hitchcock, NE Canyon Operating

100 Springer B ORRI Barber, KS Charles Griffin101 Neeley-Jinkins,

Ira L ThetfordRI Parker,

Young, TXTexxol Operating Co., Inc. , Borderline Operating Corporation

102 Vulgamore Cattle Com-pany

Operated Lease Scott, KS Palomino Petroleum

103 J.D. Parish #1 & #2 RI Wise, TX Devon Energy Corporation104 Sherry ORRI Barber, KS Charles Griffin105 Lewis Ranch A 1-27 PWI Hitchcock, NE Canyon Operating106 Clodfelter Families Trust Operated Lease Gove, KS Palomino Petroleum107 Legleiter 1-8 PWI Rush, KS Black Rock Resources, LLC108 NUTT ORRI Sumner, KS Bruce Oil Company109 Cheryl, Carner-Zappie PWI Barber, KS Chieftain Oil Company, Inc110 Lincoln County Minerals Open Minerals Lincoln, OK111 Foster 1-22 ORRI Stephens, OK Citation Oil & Gas112 David Cook #1 PWI Creek, OK Huntington Energy, LLC113 Anschutz, CW Shaffer RI/ORRI Russell, KS GLM114 Lot Removed115 Lot Removed116 Fincham D1, Fincham 2-15 PWI Seward, KS Merit Energy Company117 Anschutz C RI Russell, KS Mar Lou118 Kramer 1-18 (Gas) PWI Kingfisher, OK White Rock Oil & Gas, LLC119 Dobson Emily Hart PWI Various Chesapeake, Unit, Apache120 Anschutz Rogg RI Russell, KS Murfin Drilling121 Hartman Winter Walizer

AnschutzRI Russell, KS Ace Oil

122 Pachner 1 ORRI Decatur, KS J and A Oil, LLC123 Houston Gamble Everhart

Abington CookRI De Soto, LA Covey Park Gas LLC

Indigo Minerals LLC124 Black Stone OL Package Operated Lease Rush, KS Black Stone Petroleum LLC125 SB #1 PWI Russell, KS H&D Energy126 Evelyn A#1-27 PWI Decatur, KS Great Plains Energy127 Arrow C66 Engine Equipment128 HCU Bock Package RI Barton, Hamilton KS Linn Operating LLC, Mark Connell


Lot #2 Lease Name Type County & StateDonovan ORRI Barber, KS

Operator Acres Legal DescriptionCharles Griffin 40 SE NW Sec 22 32S 11W

Decimal Interest OpEx Income (4mo)0.01 N/A $446.50

Seller Comments $111.63/mo

Lot #1 Lease Name Type County & StateBriscoe Springman Package RI Dimmit, TX

Operator Acres Legal DescriptionSN EF Maverick, LLC 240 See additional information

Decimal Interest OpEx Income (3mo)

0.00094154 0.00138115

N/A $57.89/mo

Seller Comments

Click here for additional information.

Lot #3 Lease Name Type County & StateKohl PWI Ellis, KS

Operator Acres Legal DescriptionTDI, Inc. N/2 NW Sec 8 13S 20W

GWI NRI OpEx (12mo) Income (12mo)0.125 .1025 $1,773 $12,378

Seller Comments $147.75/mo $1,031.50/moIncome is for 3-18, 5-18, and 7-18. Expenses are from Feb-Aug.Click here for additional information.


http://oaktreeminerals.com/salesPresentations/briscoespringmanunita1h_salesPresentation_216/briscoespringmanunita1h_salesPresentation_216_158.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Kohl.xls


Lot #6 Lease Name Type County & StateWiesner Unit PWI Ellis, KS

Operator Acres Legal DescriptionTDI, Inc. NW NW SW Sec 5 13S 20W

GWI NRI OpEx (8mo) Income (1mo)0.125 .1025 $1,176 $1,093.47

Seller Comments $147/moClick here for additional information.

Lot 4 combined with Lot 18Lot 5 combined with Lot 25

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Wiesner%20Unit.xls


Lot #8 Lease Name Type County & StateBerkgren ‘B’ Operated Lease Logan, KS

Operator Acres Legal DescriptionBlake Exploration 220 E/2 Sec 8 13S 33W

GWI NRI OpEx Income100% 0.8

Seller Comments

WATER HAUL IS APPROX $1220/MONTH ELECTRIC BILL AVE $275-$300/MONTH2.8 gross BOPD, 28 gross BBL H2O/day, 13,316 cumulative oil productionSurface Casing 228’ OF 8 5/8’’Production Casing 4581’ OF 4 1/2’’Tubing 4470’ OF 2 3/8’’Rods 4425’ OF 3/4’’Pump 14’X11/2’’X2’’Pumping Unit SENTRY D-160Engine ELECTRICTank Battery 1-10X15 F.G. GB 3-10X10 STEEL STOCK

Lot #9 Lease Name Type County & StateArkansas Minerals Mineral Acres Cleveland, AR

Acres Legal Description14 open in 240 Gross Sec 20 10S 11W

Seller Comments

Click here for additional information

Lot 10 Removed

Lot #7 Lease Name Type County & StateLewis Ranch A 1-25 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating NW SW Sec 25 1N 32W

GWI NRI OpEx (12mo) Income (12mo)2% 0.0161 $322.65 $982.20

Seller Comments $26.89/mo $81.85/mo

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Arkansasminerals.pdf


Lot #11 Lease Name Type County & StateB&P Operated Lease Ness, KS

Operator Acres Legal DescriptionPalomino Petroleum 40 Sec 12 17S 26W

GWI NRI OpEx (6mo) Income (6mo)90% 0.73828125 $7,631.72 $56,308.73

Seller Comments 6mo net income: $48,677.01Produces from Mississippian formation.

5.48 gross BOPD, 79 gross BBL H2O/day18,781.64BBL cumulative oil production (2013-2018)

Sentry 160 w/ 25hp electric motor

200BBL water tank; 2 200bbl oil stock tanks (all fiberglass) 15’ x 10’ gunbarrel.

Note: All future produced salt water will be subject to a fee of $0.10 per barrel of water dis-posed. The buyer will also be responsible for an annual landowner rental fee.


Annual Oil Production (KGS)2015 3025.78 2016 2760.70 2017 2492.55 2018 1913.89 (through 10/2018)

Monthly Oil Production (KGS)5/2018 212.92 6/2018 157.407/2018 174.128/2018 194.979/2018 181.21 10/2018 188.31

Lot 12 RemovedLot 13 Removed

Superior Service throughout the Mid-Continent- 620-872-DIRT

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/B%20%26%20P%20%20Additional%20Info.pdf


Lot #14 Lease Name Type County & StateKostner ORRI Kingman, KS

Operator Acres Legal DescriptionNovy Oil & Gas, Inc. SW Sec 30 28S 5W

Decimal Interest OpEx Income (10/31/18 YTD)

0.0182292 N/A $25

Seller Comments

OIL2013 336 2014 323 2015 328 2016 199 2017 237 (Thru 12/17)GAS2013 14,576 2014 14,923 2015 7,713 2016 4,712 2017 1,960 (Thru 6/17)

Lot #15 Lease Name Type County & StateLamer-Dixon Operated Lease Ness, KS

Operator Acres Legal DescriptionPalomino Petroleum 31.52 Sec 20 17S 25W


Seller Comments 6mo net income: $20,302.39Produces from Mississippian formation.


Parkersburg 160 w/ 25hp electric motor.200bbl water tank; 2 200bbl oil stock tanks (all fiberglass) 15’ x 10’ gunbarrel.



Annual Oil Production (KGS) 2015 1762.782016 1522.862017 1005.222018 1044.07 (through 10/2018)

Monthly Oil Production (KGS)5/2018 115.656/2018 112.747/2018 94.418/2018 97.739/2018 89.3710/2018 94.10

Lot 16 Removed

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/LAMER-DIXON%20additional%20information.pdf

Lot #18 Lease Name Type County & StateSmith Operated Lease Gove, KS

Operator Acres Legal DescriptionReef Operating, Inc. 320 Sec 18 14S 28W


Seller Comments


Lot #17 Lease Name Type County & StateHuss Trust A 2-29 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating SE SW Sec 29 1N 31W


Seller Comments

Lease Name Type County & StateHeard ‘N’ Operated Lease Gove, KS

Operator Acres Legal DescriptionReef Operating, Inc. 160 SW Sec 17 14S 28W


Seller Comments


The Smith well has produced 1.5 bopd consistently. Recently the well had a rod part. Wet weather has pro-hibited the operator from fixing this. The operator will repair the parted rod and have the well producing by closing on 1/1/19.Smith H is a water supply well that could be used to help with a water flood. Smith ZZ is a SWD that passed the MIT about 1 ½ years ago. It’s in good shape and is capable of taking all the water sent to it from this acreage. Operator says this acreage would be prime for a waterflood. Currently the operator has other projects taking money and time. He says this lease needs to go to an op-erator who can develop all it’s potential like it should be. The leases would be a very profitable and good producers with the right work done to them. The Heard well was producing 2.5 bopd steadily. Well files showed a plug right above the Pawnee. Operator drilled the plug out hoping to get more production from that formation. The operator pumped for 2 months and the result was more water but not more oil so the plug was replaced. The plug that was installed is leak-ing and needs to be replaced. The operator will replace the plug that is there and have the well put back on production before the 1/1/19 closing. Wet weather has prohibited getting a rig into the site to do this work but it will be done before closing. Salt Water goes to the Smith ZZ SWD.

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Smith%20Well%20Data.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Heard%20N%201%20Well%20Data.pdf

Lot #22 Lease Name Type County & StatePelton A 2 Operated Lease Rooks, KS

Operator Acres Legal DescriptionAnderson Energy, Inc. 160 NW NE SE SW Sec 23 10S 19W


Seller Comments

All new equipment as of May 7, 2013 completion date. Produces from Lansing-Kansas City forma-tion. 10,995.17 cumulative BBL oil from 2013-2018.

Pelton Lease A 2

MonthlyJan 2017 155.08 BBLMar 2017 164.35 BBLMay 2017 160.24 BBLJun 2017 155.23 BBLAug 2017 162.48 BBLOct 2017 162.45 BBLDec 2017 161.9 BBLFeb 2018 159.26 BBLApr 2018 160.57 BBL

Annual2013 3,709 BBL2014 2,750 BBL2015 1,794 BBL2016 1,301 BBL2017 1,122 BBL2018 320 BBL (Thru 4/18)


Lot 21 Removed

Lot #20 Lease Name Type County & StateWerth PWI Ellis, KS

Operator Acres Legal DescriptionTDI, Inc. Sec 28 23S 30W

GWI NRI OpEx (8mo) Income (8mo)0.125 .1025 $1,552.08 $2,110.65

Seller Comments $194.01/mo $263.83/mo/moClick here for additional information.

Lot 19 Removed

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Pelton%20A%20Additional%20Information.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Werth.xls

Lot #23 Lease Name Type County & StateJebito 1-22/William 1-22 ORRI Blaine, OK

Operator Acres Legal DescriptionMonty L. Hott Production Corporation 80 Sec 22 16N 13W

Decimal Interest OpEx Income (11mo)Oil: 0.04340862 Gas: 0.03234622

N/A $1,067

Seller Comments $97/mo

Lot #24 Lease Name Type County & StateEaton Trust 1 & 2 Operated Lease Rooks, KS

Operator Acres Legal DescriptionAnderson Energy, Inc. 160 Sec 18 10S 20W


Seller Comments


Well 1 producing from Lansing-Kansas City formation, completed Aug 4 2012. Produced 7,358.87BBL cumulative from 2012 to 2018. Well 2 produces from Arbuckle formation.

Eaton Trust Lease (2 Wells)

MonthlyJan 2016 164.9 BBLFeb 2016 153.91 BBLMay 2016 156.34 BBLNov 2016 156.74 BBLMar 2017 163.68 BBLJun 2017 160.64 BBLSep 2017 163.1 BBLJan 2018 159.62 BBLMay 2018 161.76 BBL

Annual2012 1,667 BBL2013 1,151 BBL2014 1,799 BBL2015 1,300 BBL2016 632 BBL2017 487 BBL2018 321 BBL (Thru 5/18)

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Eaton%20Trust%20Additional%20Information.pdf

Lot #25 Lease Name Type County & StateBrown ‘M’ 1-28 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating NW SW Sec 17 1N 31W

GWI NRI OpEx (7mo) Income (2mo)0.02 .00805 $220.50 $155.02


Lot #26 Lease Name Type County & StateWegele #1 Operated Lease Ellis, KS

Operator Acres Legal DescriptionDouble D’s Oil LLC $205 S/2 and NE Sec 15 13S 20W

GWI NRI OpEx (11mo) Income (11mo)100% 0.825 $27,100 $58,179

Seller Comments

Producing from the Lansing KC/Arbuckle formations. 28,399 cumulative BOPD, 4.5-5BOPD and 80bbl/water per day.

3-D Available with well. Water goes into the Calvert #2-14 at a rate of $250/mo.3-D indicates additional potential drilling sites.

Lease Name Type County & StateHonas #1 Operated Lease Ellis, KS

Operator Acres Legal DescriptionDouble D’s Oil LLC 466 NW Sec 22 13S 20W

GWI NRI OpEx (11mo) Income (11mo)100% 0.825 $19,960 $35,173

Seller Comments

Producing from Toronto formation, averaging 1.5-2 BOPD, 30BBL water/day, 6413 cumulative BBL oil. 3-D goes with sale of lease. Water goes into Schumaker lease operated by Clamar Oil Co. located on SW/4 of Sec 21 13S 20WDisposal fee is $200 monthly + $600 annually.3D indicates additional potential drilling sites.


Lease Name Type County & StateRing #1 Operated Lease Ellis, KS

Operator Acres Legal DescriptionDouble D’s Oil LLC 160 N/2 SW & S/2 of NW &

N/2 N/2 Sec 12 13S 20WGWI NRI OpEx (11mo) Income (11mo)100% 0.825 $23,480 $25,549

Seller Comments

Producing from the Arbuckle formation. 1.5-2BBL/day, 80 gross BBL H2O/day, 6588bbl cumulative oil production. #2 well is a SWD.3D will go with well. Well has its own disposal, well was anr(owwo) that was drilled in 1983. We are disposing into the Cedar Hills Sand. Last MIT was run on 10-01-2012.Disposal MIT - 8/29/2017

Lot #30 Lease Name Type County & StateBrown ‘M’ 1-28 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating NW SE Sec 28 1N 32W

GWI NRI OpEx (7mo) Income (5mo)0.02 0.0161 $383.60 $785.65


Lot #31 Lease Name Type County & StateSpringer ORRI Barber, KS

Operator Acres Legal DescriptionCharles Griffin 80 SWSE & SESW Sec 34 32S 12W

Decimal Interest OpEx Income (9mo)0.0075 N/A $1,169.60



Lot 27 combined with Lot 26

Lot #33 Lease Name Type County & StateCharlotte Trust PWI Ellis, KS

Operator Acres Legal DescriptionKnighton Oil E2 SW SE NE Sec 23 15S 18W

GWI NRI OpEx Income (5mo)0.0625 0.05125 $122.38/mo $1,711.17/mo

Seller Comments

Lot #32 Lease Name Type County & StateCramer 1-8 PWI Furnas, NE

Operator Acres Legal DescriptionCanyon Operating W NW Sec 8 2N 25W

GWI NRI OpEx (7mo) Income (4mo)0.1 0.00805 $2,604.91 $1,848.68




Lot #34 Lease Name Type County & StateCauther 1, 2, 3, 5 Operated Lease Clark, KS

Operator Acres Legal DescriptionHigh Bluff Operating, LLC Sec 13 & 14 34S 25W

GWI NRI OpEx Income100% 0.8 $5,250/mo $11,000/mo

Seller Comments

Annual Gas Production 2013 32,142 MCF2014 34,627 MCF2015 31,295 MCF2016 28,448 MCF2017 26,476 MCF2018 11,720 MCF (up to 6/2018)


2018 Monthly Production (MCF)2018 2099 MCF2018 1863 MCF2018 2042 MCF2018 1851 MCF2018 2122 MCF2018 1743 MCF

Lease Name Type County & StateAmos 1-30, 2-19 Operated Lease Clark, KS



Seller Comments

1-30 Annual Gas Production2013 8,920 MCF2014 7,464 MCF2015 9,485 MCF2016 5,627 MCF2017 8,776 MCF2018 3,539 MCF (to 6/2018)

1-30 2018 Monthly Gas ProductionJan 2018 731 MCFFeb 2018 674 MCFMar 2018 739 MCFApr 2018 645 MCFMay 2018 452 MCFJun 2018 298 MCF


2-19 Annual Gas Production2013 9,257 MCF2014 10,088 MCF2015 9,145 MCF2016 8,680 MCF2017 7,963 MCF2018 3,311 MCF (to 6/2018)

2-19 2018 Monthly Gas ProductionJan 2018 612 MCFFeb 2018 545 MCFMar 2018 589 MCFApr 2018 538 MCFMay 2018 505 MCFJun 2018 522 MCF


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Cauthers%20Additional%20Information.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Amos%20Additional%20Information.pdf


Lease Name Type County & StateCox 1,2,3 Operated Lease Clark, KS



Seller Comments

1, 2, 3 Annual Production2013 24,113 MCF2014 16,204 MCF2015 17,608 MCF2016 23,527 MCF2017 13,297 MCF2018 6,466 MCF (to 6/2018)

1, 2, 3 2018 Monthly ProductionJan 2018 1094 MCFFeb 2018 988 MCFMar 2018 1067 MCFApr 2018 932 MCFMay 2018 1176 MCFJun 2018 1209 MCF


Income provided is for all leases combined.Gross income from these leases is $11,000/mo and expenses average $5,250/moNet income average is $5,750/mo

Office: (913) 837 - 4100 Fax: 1(913) 837 - 2241


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Cox%20Additional%20Information.pdf


Lot #35 Lease Name Type County & StateRonald PWI Ellis, KS

Operator Acres Legal DescriptionKnighton Oil S2 N2 SW NW Sec 23 15S 18W

GWI NRI OpEx Income (5mo)0.0625 0.05125 $156.29/mo $1,572.39/mo

Seller Comments

Lot 36 Removed


Hays, Kansas (785) 628-6395

www.eliwireline.com


Lot #37 Lease Name Type County & StateBoos & Seibel Operated Lease Ellis, KS

Operator Acres Legal DescriptionJ and A Oil, LLC 160 Sec 5, 8, 9 14S 20W


Seller CommentsBoos 4 “Twin” Pumping unit - New Shores 320Drive - New SPOC with electric motorTubing- White Band tested 2-3/8”Rods - New 3/4” and 7/8”Downhole pump- New 2-1/4” tubing pumpTank Battery - New fiberglass gun barrel and 2 new stock tanksMurphy switch for high and low lead line pressure shut offBeam switch for unit shut off

Boos 2 SWD 5-14S-20W -Inactive Cedar Hills SWD. Both SWD wells passed MIT and have 3 years.

Boos 2 SWD (Inactive)Cedar Hills SWDPassed MIT, good for 3 years

Boos 4 “Twin”Annual2010 2,251 BBL2011 2,182 BBL2012 1,750 BBL2013 1,679 BBL2014 1,662 BBL2015 809 BBL2016 603 BBL (Thru 7-16)

Boos 4 Twin:Pumper: $200 / monthElectricity: $1051.30 / month based on 3 month averageOperating: $295 / month

Seibel Farms 9-1 SWD:Pumper: $100 / monthOperating: $295 / month


Seibel 1Pumping unit- New shores 320Drive - New SPOC with electric motorTubing - White band tested 2-7/8”Rods - New 3/4” and 7/8”Downhole pump - New 2-1/4” tubing pumpTank Battery - New fiberglass gun barrel, and 2 new stock tanks Murphy switch for high and low lead line pressure shut offBeam switch for unit shut off

Seibel Farms 9-1 SWD 9-14S-20W (1 SWD) Both wells dispose into this well and go with the sale.

Seibel Farms 9-1 SWDArbuckle SWDTubing - New 2-7/8” seal-titeWater tank - New FiberglassLines - New 3” Schedule 40 PVC lines tying all wells to the SWDWireless solar remote switch for field kill.

Seibel 1Annual2010 1,329 BBL2011 1,682 BBL2012 990 BBL2013 1,323 BBL2014 892 BBL2015 1,170 BBL2016 59 BBL (Thru 2-16)

Seibel Farms 1-9 SWDOil Production HistoryAnnual2010 1,971 BBL2011 1,310 BBL2012 1,331 BBL2013 1,317 BBL2014 814 BBL2015 661 BBL2016 328 BBL

Seibel 1: Pumper: $200 / monthElectricity: $1245.07 / month based on 3 month averageOperating: $295 / month

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Boos%20%26%20Seibel%20Additional%20Information.pdf

Lot #39 Lease Name Type County & StateDonna #1H/Hirt Farms ORRI Pratt, KS

Operator Acres Legal DescriptionCharles Griffin 640 All Sec 29 29S 15W



Lot #40 Lease Name Type County & StateDixon Trust Operated Lease Ness, KS



Seller Comments 6 mo net income: $3,990.29Produces from Fort Scott formation


Sentry 114 w/ 20HP electric motor200bbl water tank; 2 200bbl oil stock tanks (all fiber-glass) 15’x10’ gunbarrel

Note: All future produced salt water will be subject to a fee of $0.10 per barrel of water disposed. The buyer will also be responsible for an annual landowner rental fee.


Annual Oil Production (KGS)2013 943.72 2014 581.56 2015 520.64 2016 470.40 2017 402.27 2018 283.47 (through 10/18)


Lot 38 Removed

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Dixon%20Trust%20Additional%20Information.pdf



Lot #45 Lease Name Type County & StateContinental Noble Package ORRI Noble, OK

Operator Acres Legal DescriptionWhite Star Petroleum, LLC Sec 6 21N 2E, Sec 8 20N 1E

Decimal Interest OpEx IncomeVarious $33/mo

Seller Comments


Lot 46 RemovedLot #47 Lease Name Type County & State

Randel ORRI Barber, KSOperator Acres Legal DescriptionCharles Griffin 80 E/2 NW Sec 34 32S 12W



Lot #48 Lease Name Type County & StateWasson 1-31 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating SE NE Sec 31 1N 31W

GWI NRI OpEx (12mo) Income (12mo)2% 0.0161 $637.38 $4,814.88

Seller Comments

Lot 41 Removed

Lot 44 Removed

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Continental%20Noble%20Package.pdf

Lot #49 Lease Name Type County & StateStevenson Trust Operated Lease Gove, KS



Seller Comments 6 mo net income: $55,659.74Undeveloped Drilling Locations (Identified by 3D Seismic Data)

Produces from Johnson formation.

6.13 gross BOPD, 17 gross BBL H2O/day

Sentry 160 w/ 20HP electric motor

200bbl water tank; 2 200bbl oil stock tanks (all fiberglass) 15’ x 10’ gunbarrel.


Annual Oil Production (KGS)2018 1647.16 (through 10/2018, started 6/2018)

Monthly Oil Production (KGS)6/2018 532.737/2018 392.878/2018 301.85 9/2018 229.6310/2018 190.08

Lot #50 Lease Name Type County & StateLewis Ranch GP 1 PWI Hitchcock, NE


GWI NRI OpEx (7mo) Income (1mo)0.02 0.0161 $23.65/mo $94.63/mo

Seller Comments



http://info.mceeauction.com.s3.amazonaws.com/12-12-18/STEVENSON%20TRUST%20Additional%20Information.pdf


Lot #54 Lease Name Type County & StateLewis, M H 1 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating SE SE SE Sec 26 1N 32W

GWI NRI OpEx (7mo) Income (1mo)0.02 0.0161 $28.27/mo $170.82/mo

Seller Comments

Lot #53 Lease Name Type County & StateKim #2 Operated Lease Lane, KS

Operator Acres Legal DescriptionPalomino Petroleum 160 Sec 17 19W 29W


Seller Comments 6 mo net income: $7,179.31Produces from Marmaton, Cherokee formations


Sentry 160 w/ 20HP electric motor

200bbl water tank; 2 200bbl oil stock tanks (all fiberglass) 15’ x 10’ gunbarrel


Annual Oil Production (KGS)2015 1499.372016 933.772017 623.752018 493.20 (through 10/18)

Monthly Oil Production (KGS)5/2018 49.276/2018 46.77 7/2018 63.538/2018 48.469/2018 45.0810/2018 40.06

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Kim%202%20Additional%20Info.pdf


Lot #55 Lease Name Type County & StatePachner 1 Operated Lease Decatur, KS

Operator Acres Legal DescriptionJ and A Oil, LLC 80 NW NW NE Sec 28 3S 28W

NRI OpEx (12mo) Income (12mo).82 $1,212.27 $2,822.82

Seller Comments

Annual Production2011 161 BBL2012 676 BBL2013 501 BBL2014 646 BBL2015 180 BBL2016 - -2017 732 BBL2018 156 BBL (Thru 5-18)

Monthly ProductionJan 2014 168.02 BBLApr 2014 156.19 BBLJul 2014 166.84 BBLNov 2014 154.89 BBLSept 2015 179.82 BBLMar 2017 134.83 BBLApr 2017 10 BBLJun 2017 299.19 BBLNov 2017 153.42 BBLDec 2017 134.39 BBLMay 2018 155.53 BBL


Well has averaged 1.5 BOPD over the past 3 months

Pumper: $300 / monthElectricity: $141.93 / month based on 3 month averageChemical: $129.51 / monthWater Haul: $640.83

114-54”Parkersburg unit. New wrist pins and sad-dle bearing in 2014. 3952 ft 2/3/8 tubing, 3952ft 3/4 rods.1/1/2” pump new 2017.2014 Hess fiberglass 210 GB. 2-10x15 steel stock tanks, both have new steel floors, sandblasted and coated 4 ft up internally. 1-200bbl fiberglass water tank.15 hp electric motor, standard panel with time clock, electric chemical pump continuous treat down the lead line with demulsifier.

ORRI for sale in lot #122

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Pachner%201%20Additional%20Information.pdf


Lot #58 Lease Name Type County & StateCedar Grove, Jo Lynn, H Voise ORRI Noble, Pawnee,

Payne OKOperator Acres Legal DescriptionWhite Star Petroleum, LLC Various

Decimal Interest OpEx IncomeVarious N/A $16.67/mo

Seller Comments


Lot #59 Lease Name Type County & StateKirkpatrick & Davis Trust Operated Lease Ford, KS

Operator Acres Legal DescriptionEck Petroleum LLC 240 C NE NW Sec 21 28S 21W

GWI NRI OpEx Income100% .80

Seller Comments

Kirkpatrick LeaseMonthly-Mar 2016 167.16 BBLJun 2016 151.51 BBLSep 2016 163.32 BBLFeb 2017 149.96 BBLNov 2017 329.41 BBLApr 2018 164.04 BBL

Annual2010 737 BBL2011 813 BBL2012 873 BBL2013 823 BBL2014 662 BBL2015 489 BBL2016 482 BBL2017 479 BBL2018 164 BBL (through 4/2018)


Davis LeaseMonthly-Dec 2013 152.28 BBLMay 2014 157.88 BBLJun 2015 313.31 BBLMar 2016 163.33 BBLMay 2017 178.56 BBLMay 2018 172.84 BBL

Annual2010 398 BBL2011 316 BBL2012 346 BBL2013 473 BBL2014 158 BBL2015 313 BBL2016 163 BBL2017 179 BBL2018 173 BBL


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Continental%20Package.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Eck%20Petroleum%20LLC%20Operated%20Lease%20Well%20Data.pdf

Lot #60 Lease Name Type County & StateMira Vista Unit RI Tarrant, TX

Operator Acres Legal DescriptionXTO Energy Inc. L18 B9 Mira Vista


Seller Comments $89.28/moClick here for additional information.Source document available in additional information.

Lot #61 Lease Name Type County & StateLewis Ranch F 1-25 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating SW NW Sec 25 1N 32W



Lot #62 Lease Name Type County & StateKober ‘JT’ Operated Lease Ness, KS

Operator Acres Legal DescriptionPalomino Petroleum 10 around wellbore Sec 17S 25W


Seller Comments 6 mo net income: $6,962.91Produces from Mississippian formation


Sentry 114 with 20hp electric motor2 200bbl oil stock tanks (all fiberglass) 15’ x 10’ gun-barrel




Monthly Oil Production (KGS)5/2018 78.496/2018 73.92 7/2018 71.888/2018 62.689/2018 65.9910/2018 69.36

http://oaktreeminerals.com/salesPresentations/miravistaunita01h_salesPresentation_212/miravistaunita01h_salesPresentation_212_154.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Kober%20JT%20Additional%20information.pdf

Lot #63 Lease Name Type County & StateSharron ORRI Barber, KS

Operator Acres Legal DescriptionCharles Griffin 100 N/2 NE SE Sec 33 &

W/2 SW Sec 34 32S 12WDecimal Interest OpEx Income (9mo)0.0025 N/A $1,564.24


Lot #64 Lease Name Type County & StateFitzgerald McKee Operated Lease Ness, KS



Seller Comments 6 mo net income: $26,793.71Produces from Mississippian formation

5.05 gross BOPD, 193 gross BBL H2O/day28.084.49BBL cumulative oil production (2011-2018)

C 228 D-246-86 Gabel pumping unit20HP w/ SPOC V5 Drive C96 engine

10’ x 20’ FG. GB 4/10 3-12’x10’GB. Stock Tanks



Annual Oil Production (KGS)2013 3827.762014 2782.03 2015 2418.532016 2209.07 2017 1931.00 2018 1417.14 (through 10/2018)



http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Fitzgerald-McKee%20Additional%20information.pdf


Lot #65 Lease Name Type County & StateAustin F 1-15 PWI Canadian, OK

Operator Acres Legal DescriptionChesapeake Operating, LLC SW Sec 15 13N 10W

GWI NRI OpEx Income (5mo)0.0625 Various $156.29/mo $1,572.39/mo

Seller Comments

Aug 2018: $247.83 OpEx, $306.64 IncomeThe Edwards lease was shut in during late 2017 due to low oil prices. It was brought back online in September 2018. This resulted in higher expenses and since the lease hasn’t been producing, oil revenue is down.Click here for additional information.

Lot #67 Lease Name Type County & StateEdwards Operated Lease Greenwood, KS

Operator Acres Legal DescriptionTeichgraeber Oil Inc. 120 N/2 NW SW NW Sec 7 23N 11E

GWI NRI OpEx (12mo) Income (12mo)100% .76562500 $6,270.49 $4,972.55

Seller Comments

255.52 bbls / 331 days = .77 bbl/ day

Renditions:

2013 = 887 bbls annual production2014 = 7122015 = 563.32016 = 190.52017 = 242.7

2013-2015 reflected positive improvement from water flood. When price dropped in late 2014 water flood efforts were terminated.

Lot #66 Lease Name Type County & StateZ-Bar Minerals Mineral Acres Barber, KS

Acres Legal Description62.5 Mineral Acres (SW/4 Sec. 15), (S/2 Sec. 16), (E/2 of SW/4 & SE/4 Sec. 20),

(N/2 & W/2 of SW/4 & E/2 of SE/4 Sec. 21), (W/2 & SE/4 Sec. 22), (W/2 of SW/4 Sec. 23), NW/4 Sec. 27), (E/2 of NE/4 Sec. 28): All in Township 33 South, Range 15 West

Seller Comments

Selling 3.125% interest in 2000 mineral acres which is 62.5 net mineral acres.

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Austin-Mary%20B%20Rev%20and%20JIB.pdf

Lot #68 Lease Name Type County & StateWiley Bob 2351 WA RI Howard, TX

Operator Acres Legal DescriptionSM Energy WBO S14 BLK 32 T1N

Decimal Interest OpEx Income (6mo).00052001 N/A $6,144

Seller Comments $1,024/moFirst production 12-1-2017Wiley Bob 2351WA 270 BOPD 339 MCFD gas price=$5.16.This is the daily production shown on the 11/26/18 check. November Revenue was $426.22 from both wells.Asset is located in the Permian BasinClick here for additional information.

Lease Name Type County & StateWiley Bob 2352 WA RI Howard, TX

Operator Acres Legal DescriptionSM Energy WBO S14 BLK 32 T1N

Decimal Interest OpEx Income.00068848 N/A

Seller Comments

First production 12-1-2017Wiley Bob 2352WA 196 BOPD 398 MCFD gas price =$5.16This is the daily production shown on the 11/26/18 check. November Revenue was $426.22 from both wells.Asset is located in the Permian Basin

Income info provided is for both wells combined.

Lot #67a Lease Name Type County & StateEdwards RI Greenwood, KS

Operator Acres Legal DescriptionTeichgraeber Oil Inc. 120 N/2 NW SW NW Sec 7 23N 11E

Decimal Interest OpEx Income (Nov’17-Oct’18)0.0208333 N/A $103.74

Seller Comments $9.43/moIncome information is Jan-Oct 2018

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/McBride%20Energy%20Royalty.pdf

Lot #69 Lease Name Type County & StateRobinson 9-1MH ORRI Payne, OK

Operator Acres Legal DescriptionWhite Star Petroleum, LLC WBO Sec 9 17N 4E


Seller Comments $14.58/moClick here for additional information.

Lot #70 Lease Name Type County & StateGreenwood Operated Lease Greenwood, KS

Operator Acres Legal DescriptionTeichgraeber Oil Inc. 220 S2 SW, N2 SE, SW SE, W2 SE, Sec 6 23N 11E


Seller Comments1,248.12 bbls / 348 days = 3.59 bbls/ day

Renditions: 2013 = 2,441 bbls annual production 2014 = 2,945 2015 = 2,108 2016 = 1,771 2017 = 1,443

2018: BBLs: Days Produced Avg. BoPD #WellsAugust 94.67 31 3.05 1Sept. 94.86 30 3.16 1Oct. 485.91 31 2.77 1Nov. 81.71 29 2.82 1

Note: Well needs a pump change. #7 and #8 need equipment and need to be put back on the pump to opti-mize production. #7 was our best well. #4 and #8 could be used for injection and waterflooding.

Lot #70a Lease Name Type County & StateGreenwood ORRI Greenwood, KS

Operator Acres Legal DescriptionTeichgraeber Oil Inc. 220 S2 SW, N2 SE, SW SE, W2 SE, Sec 6 23N 11E

Decimal Interest OpEx Income (Nov’17-Oct’18).04101560 $3,054.36


Lot 71 Removed

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Robinson%209-1MH.pdf

Lot #73 Lease Name Type County & StateHarris A Operated Lease Greenwood, KS

Operator Acres Legal DescriptionTeichgraeber Oil Inc. 280 N2 NE, SE, SE NW, Sec 1 23S 10E

GWI NRI OpEx (12mo) Income (12mo)100% Total .77929690 $50,306.96 $50,758.98

Seller Comments1,129.96 bbls / 300 days = 3.77 bbls/day

2018: BBLs: Days Produced Avg. BoPDAugust 100.52 29 3.46 Sept. 88.41 22 4.02 Oct. 35.47 6 5.41 Nov. 124.30 30 4.14 Note: SWD required MIT in 2018 and was approved on June 11, 2018. Cost to prepare well for MIT was $16,759.74 Wells #7 and #8 are low fluid wells which have not produced and would benefit from proper water flood.


Renditions: 2013 = 3,214 bbls annual production2014 = 2,860 2015 = 2,394 2016 = 1,705 2017 = 1,820

Lease sells subject to terms of the SWD agreement viewable in the additional information data room.

Lot #76 Lease Name Type County & StateBelle ORRI Barber, KS

Operator Acres Legal DescriptionCharles Griffin 80 S/2 SE Sec 27 32S 12W




Lot #72 Lease Name Type County & StateStobaugh-Dawe-Smith RI Gonzales, TX

Operator Acres Legal DescriptionAuterra Operating, LLC 5.049 See additional information


Seller Comments $37.42/moClick here for additional information

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Harris%20A%20%2314%20SWD%20Agreement%20dtd%2005-18-93.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/stobaugh-dawe001h_salesPresentation_205_147.pdf

Lot #77 Lease Name Type County & StateState-Nebr A 16-13 PWI Hitchcock, NE




Lot #78 Lease Name Type County & StateNuttle Trust Operated Lease Ness, KS



Seller Comments 6mo net income: $42,735.96Produces from Mississippian formation


Gabel 160 pumping unit with C96 engine2 200 bbl oil stock tanks (all fiberglass) 15’ x 10’ gunbarrel



Annual Oil Production (KGS)2015 6037.51 (started 6/4/15)2016 3096.722017 2578.142018 1687.19 (through 10/2018)


Elite Oil & Gas Explorer Since 1969- 316-799-1000

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Nuttle%20Trust%20Additional%20Information.pdf


Lot #79 Lease Name Type County & StateLewis Gott 2-25 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating SW SE Sec 25 1N 32W



Lot #80 Lease Name Type County & StateStoll - Hughes Operated Lease Logan, KS



Seller Comments 6mo net income: $1,406.72Produces from MIssissippian formation

4.02 gross BOPD, 42.72 gross BBL H2O/day36,476.6BBL cumulative oil production (2011-2018)

Lufkin 114 pumping unit with C96 Arrow200bbl water tank; 3 200 bbl oil stock tanks (all fiberglass) 10’ x 15’ gunbarrel


Annual Oil Production (KGS)2015 7495.412016 4203.49 2017 2533.862018 1564.39 (through 10/2018)


Lot #81 Lease Name Type County & StateMccasland Waterflood RI Austin, TX

Operator Acres Legal DescriptionEnhanced Energy Partners Corp 40 See additional information



http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Stoll-Hughes%20Additional%20Information.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/mccaslandatac1_salesPresentation_202_144.pdf

Lot #82 Lease Name Type County & StateHuss Family 1-31 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating NE SE Sec 31 1N 31W



Lot #83 Lease Name Type County & StateTerese #1H ORRI Barber, KS

Operator Acres Legal DescriptionCharles Griffin 640 Sec 8 E/2 & Sec 5 E/2 33S 12W



Lot #84 Lease Name Type County & StateMiller B Operated Lease Greenwood, KS

Operator Acres Legal DescriptionTeichgraeber Oil Inc. 80 SE NE Sec 29 23S 10E


Seller Comments

1,203.52 bbls / 359 days = 3.35/bbls/day

Renditions:

2013 = 1,415 bbls annual production2014 = 1,151 2015 = 9982016 = 6142017 = 815

2018: BBLs: Days Produced Avg. BoPDAugust 136.42 30 4.55 Sept. 134.32 30 4.47 Oct. 70.07 21 3.34 Nov. 101.36 29 3.50

Lot #84a Lease Name Type County & StateMiller B RI Greenwood, KS

Operator Acres Legal DescriptionTeichgraeber Oil Inc. 80 SE NE Sec 29 23S 10E

Decimal Interest OpEx Income (Nov ‘17-Oct’18)0.02734370 $1,477.18

Seller Comments $134.29/mo1,203.52 bbls / 359 days = 3.35/bbls/day

Lot #85 Lease Name Type County & StateEckerman & Browning Heirs RI Duval, Nueces, TX

Operator Acres Legal DescriptionDouble Play Oil & & Gas, Inc. Sunray Marketing, LLC

See additional information


Seller Comments $54.77/moClick here for additional information.See source document in additional information.

Lot #86 Lease Name Type County & StateHuss Trust 1-29 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating SW SW Sec 29 1N 31W



http://info.mceeauction.com.s3.amazonaws.com/12-12-18/browningheirs1_salesPresentation_203_145.pdf


Lot #88 Lease Name Type County & StateBoyd, Arvel RI Parker, TX

Operator Acres Legal DescriptionDevon Energy Corporation

Decimal Interest OpEx Income (6mo)0.02086997 N/A $258

Seller Comments $43.00/moClick here for additional information.See source document in additional information.

Lot #87 Lease Name Type County & State3D Family-Hanna Operated Lease Gove, KS



Seller Comments 6mo net income: $12,727.68Produces from Johnson formation

2.04 gross BOPD, 11 gross BBL H2O/day6,164.18BL cumulative oil production (2015-2018)

Parkersburg 190D pumping unit with C96 Arrow200bbl water tank; 2 200bbl oil stock tanks (all fiberglass) 15’ x 10’ gunbarrel.


Annual Oil Production (KGS)2015 2851.96 2016 1977.332017 967.852018 613.38 (through 10/18)

Monthly Oil Production (KGS) 5/2018 72.656/2018 60.117/2018 61.798/2018 55.159/2018 44.6910/2018 48.43


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/boydarvelgua1h_salesPresentation_204_146.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/3D%20Family%20Hanna%20Additional%20Info.pdf


Lot #89 Lease Name Type County & StateUehling - Schwien Operated Lease Ness, KS



Seller Comments 3mo net income: $28,205.94Undeveloped Drilling Locations (Identified by 3D Seismic Data)

Prodsuces from Mississippian formation

4.77 gross BOPD, 200 gross BBL H2O/day324.25BBL cumulative oil production (2018)

C-114 Iron Man with 20hp electric motor200bbl water tank; 3 200bbl oil stock tanks 10’ x 15’ gunbarrel


Annual Oil Production (KGS)2018 1326.30 (through 10-2018, started 5/2018)


Lot 90 Removed

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/UEHLING-SCHWIEN%20additional%20info.pdf


Lot #91 Lease Name Type County & StateDeines Unit Operated Lease Trego, KS

Operator Acres Legal DescriptionPalomino Petroleum 94.839 SE SW SE SE Sec 18 15S 25W


Seller Comments 6mo net income: $286,038.97This is a horizontal well producing from the Mississippi Formation with a 5200’ lateral.

21.01 gross BOPD, 728 gross BBL H2O/day4,863.83BBL cumulative oil production (2018)

60 HP submersible pump200bbl water tank; 2 200bbl oil stock tanks (all fiber-glass) 12’ x 20’ gunbarrel.



Annual Oil Production (KGS)2018 7112.27 (through 10/18, started 4/2018)

Monthly Oil Production (KGS)4/2018 1999.44 5/2018 1285.506/2018 936.907/2018 829.608/2018 721.049/2018 680.9510/2018 658.84

November production was 630.42 BBL. Lease aver-aged 21.01BOPD during November. Production last day of November was 22.13 bbl.

Lot #92 Lease Name Type County & StateRainwater #3H RI Rusk, TX

Operator Acres Legal DescriptionValence Operating Company 220.38 See additional info



http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Deines%20Unit%20Additional%20Information.pdf

http://oaktreeminerals.com/salesPresentations/rainwater3h_salesPresentation_206/rainwater3h_salesPresentation_206_148.pdf

Lot #93 Lease Name Type County & StateSeefeld #1 #2 & #3 PWI Graham, KS

Operator Acres Legal DescriptionMeridian Energy, Inc. SW Sec 29 9S 21W

GWI NRI OpEx (12mo) Income (12mo)0.05 0.004 $4,270 $10,424

Seller Comments

Lease Name Type County & StateKarst #1, #2 SWD, & #3 SWD PWI Graham, KS

Operator Acres Legal DescriptionS/2 NE Sec 18 9S 21W

GWI NRI OpEx (12mo) Income (12mo)0.05 $344 $654

Seller Comments

Lot #94 Lease Name Type County & StateNordling Operated Lease Stanton, KS

Operator Acres Legal DescriptionAbercrombie Energy, LLC 480 W/2 W/2; E/2 Sec 4 27S 40W


Seller Comments

Cumulative gas production: 516,556 MCF (1972-2018)Gross MCFD: 12

Surface Casing: 8 5/8” 564’Production Casing: 5 1/2” 2567’Rods 3/4”Pumping Unit: Lufkin 40C66 Engine

Lot #95 Lease Name Type County & StateHuss Trust A 1-29 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating NE SW Sec 29 1N 31W



Lot #96 Lease Name Type County & StateLarucia Bondy ORRI Brooks, Hidalgo,

Willacy, TXOperator Acres Legal DescriptionBdewbre Petroleum Corporation, South Leeville, LLC

2065



Lot #97 Lease Name Type County & StateLonker ‘A’ Operated Lease Barber, KS

Operator Acres Legal DescriptionAbercrombie Energy, LLC 160 NE/4 Sec 2 33S 13W


Seller Comments

Cumulative gas production: 2.17BCF

Production Casing: 4 1/2” 4556’Tubing: 2 3/8” 4474’Rods: 5/8” & 3/4”Pumping Unit: ParkersburgC66 EngineGemini Compressor

Well has stuck pump. Very capable of producing 20+ MCF/dayWater is trucked - lease makes about 2 tanks of water per year.

http://oaktreeminerals.com/salesPresentations/bondygu1_salesPresentation_207/bondygu1_salesPresentation_207_149.pdf

Lot #98 Lease Name Type County & StateOllie 1H WI Canadian, OK

Operator Acres Legal DescriptionDevon Energy Corporation Sec 11 13N 7W

GWI NRI OpEx (12mo) Income (12mo)0.083333 0.072917 $52,669/mo

Seller Comments

Lot #99 Lease Name Type County & StateLewis Ranch C 1-27 & 2-27 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating S NE Sec 27 1N 32W



Lot #100 Lease Name Type County & StateSpringer B ORRI Barber, KS

Operator Acres Legal DescriptionCharles Griffin 80 NENW & SWNW Sec 3 33S 12W



Lot #101 Lease Name Type County & StateNeeley-Jinkins, Ira L Thetford RI Parker, Young, TX

Operator Acres Legal DescriptionTexxol Operating Co., Inc. , Borderline Operating Corporation

352

Decimal Interest OpEx Income (12mo)N/A $150


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Neeley%20Jinkins%20Thetford.pdf

Lot #102 Lease Name Type County & StateVulgamore Cattle Company Operated Lease Scott, KS



Seller Comments 6mo net income: $14,786.18Produces from Lansing-Kansas City formation


Sentry 160 pumping unit with C96 engine200bbl water tank; 2 200bbl oil stock tanks (all fiberglass) 15’ x 10’ gunbarrel.





Lot #103 Lease Name Type County & StateJ.D. Parish #1 & #2 RI Wise, TX

Operator Acres Legal DescriptionDevon Energy Corporation 2.46 E.C Jones Survey, A467 & W.Cdalrymple

Survey, A-253Decimal Interest OpEx Income (11mo)0.089912 N/A $313.33


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Vulgamore%20Cattle%20Co.%20%20Additional%20info.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/JD%20Parish%201%20and%202.pdf

Lot #104 Lease Name Type County & StateSherry ORRI Barber, KS

Operator Acres Legal DescriptionCharles Griffin 90 N/2 NW & NE SW NW Sec 9 32S 12W



Lot #105 Lease Name Type County & StateLewis Ranch A 1-27 PWI Hitchcock, NE

Operator Acres Legal DescriptionCanyon Operating SE NW Sec 27 1N 32W



Lot #106 Lease Name Type County & StateClodfelter Families Trust Operated Lease Gove, KS



Seller Comments 6mo net income: $7,504.97Produces from Mississippian formation


Sentry 160D pumping unit with Arrow C96200bbl water tank; 2 200bbl oil stock tanks (all fiberglass) 15’ x 10’ gunbarrel


Annual Oil Production (KGS)2016 2972.652017 1495.112018 710.01 (through 10/2018)


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Clodfelter%20Families%20Trust%20Additional%20Info.pdf

Lot #107 Lease Name Type County & StateLegleiter 1-8 PWI Rush, KS

Operator Acres Legal DescriptionBlack Rock Resources, LLC NW SW NE NE Sec 8 17S 19W


Seller Comments

The well appears to have been down in the last 45 days due to tubing leak. The last month JIB put the well in the negative because of repairs of the leak. I have spoken to the Operator early Novem-ber and he says the well should be making 1-2 BO per days after the repairs.

Lot #108 Lease Name Type County & StateNUTT ORRI Sumner, KS

Operator Acres Legal DescriptionBruce Oil Company SE SE NW Sec 12 34S 2E

Decimal Interest OpEx Income 0.0039063 N/A

Seller Comments

Mississippian Zone, 83743 Cumulative Production 1964-2018.

Lot #109 Lease Name Type County & StateCheryl #1 PWI Barber, KS

Operator Acres Legal DescriptionChieftain Oil Company, Inc NW Sec 11 33S 10W


Seller Comments

Mississippian Formation. Gas well.5,542 mcf through Jan-June 2018177157 mcf cum. Prod. From 2003-2018.

Lease Name Type County & StateGarner-Zappia #1 SWD PWI Barber, KS

Operator Acres Legal DescriptionChieftain Oil Company, Inc NW Sec 11 33S 10W

GWI NRI OpEx Income0.01562500 0.01562500

Seller Comments

Income and Expense information is based on 12 months for both assets, combined.

Lot #110 Lease Name Type County & StateLincoln County Minerals Open Minerals Lincoln, OK

Acres Legal Description120 MOL SW Less N/2 S/2; Sec 23 14N 2E

Seller Comments

Lot #111 Lease Name Type County & StateFoster 1-22 ORRI Stephens, OK

Operator Acres Legal DescriptionCitation Oil & Gas 40 SE NE Sec 29 2N 5W

Decimal Interest Taxes (12mo) Income (12mo)0.000207 $8.14 $22.87

Seller Comments $1.90/moORRI in producing gas well.

Lot #112 Lease Name Type County & StateDavid Cook #1 PWI Creek, OK

Operator Acres Legal DescriptionHuntington Energy, LLC Sec 18 14N 7E


Seller Comments


Lot #113 Lease Name Type County & StateAnschutz A RI Russell, KS

Operator Acres Legal DescriptionGLM 160 SW Sec 20 14S 12W

Decimal Interest Expenses Income (12mo)0.0078125 N/A $152

Seller Comments $12.60/moIncome 9/2017 through 9/2018

Lease Name Type County & StateC W Shaffer RI Russell, KS




Lease Name Type County & StateC W Shaffer ORRI Russell, KS




Average Monthly income from all properties $22.10 per month


Lot #116 Lease Name Type County & StateFincham D1, Fincham 2-15 PWI Seward, KS

Operator Acres Legal DescriptionMerit Energy Company NW Sec 15 31S 33W

GWI NRI OpEx (12mo) Income (12mo).01562500 .01269531 $1,155.04 $2,441.43

Seller Comments

Cumulative Production: 36,721 barrels (from 2014 to 2018). Fincham D1 is authorized inj. Well. Fin-cham 2-15 is oil producing well.

Lot #118 Lease Name Type County & StateKramer 1-18 PWI Kingfisher, OK

Operator Acres Legal DescriptionWhite Rock Oil & Gas, LLC Sec 18 18N 8W


Seller Comments

Producing gas well.

Lot #117 Lease Name Type County & StateAnshutz C RI Russell, KS

Operator Acres Legal DescriptionMar Lou 160 SW Sec 1 14S 15W



Without customers - we’d have a hobby, not a business!The MCEE team sincerely thanks its buyers and sellers!

Lot #119 Lease Name Type County & StateDobson Ranch 1-20 PWI Beckham, OK

Operator Acres Legal DescriptionApache Corporation Sec 20 11N 26W

GWI NRI OpEx Income0.00666269 $403.65 $3,098.77

Seller Comments

Income/Expense is from September 2017-Present for all three leases

Lease Name Type County & StateEmily 1-16 PWI Caddo, OK

Operator Acres Legal DescriptionChesapeake Energy NE Sec 16 10N 12W

GWI NRI OpEx Income0.117500

Seller Comments

Lease Name Type County & StateHart 1-36 PWI Caddo, OK

Operator Acres Legal DescriptionUnit Petroleum Company N/2 SW Sec 36 11N 13W

GWI NRI OpEx Income0.004482800 .003208800

Seller Comments



Lot #120 Lease Name Type County & StateAnschutz RI Russell, KS

Operator Acres Legal DescriptionMurfin Drilling 160 NW Sec 10 14S 13W



Lease Name Type County & StateRogg D#1 RI Russell, KS

Operator Acres Legal DescriptionMurfin Drilling 160 NE Sec 9 15S 13W



Average Monthly Income for both leases: $96.94 per month

Lot #121 Lease Name Type County & StateHartman Winter Walizer RI Russell, KS

Operator Acres Legal DescriptionShawn D Evans Inc dba Ace Oil 80 N/2 SW Sec 20 15S 13W



Lease Name Type County & StateAnschutz A-B RI Russell, KS

Operator Acres Legal DescriptionShawn D Evans Inc dba Ace Oil 80 S/2 SW Sec 10 15S 13W




Lot #122 Lease Name Type County & StatePachner 1 ORRI Decatur, KS

Operator Acres Legal DescriptionJ and A Oil, LLC 80 NW NW NE Sec 28 3S 28W

Decimal Interest Expenses Income (12mo).03 N/A $126.28

Seller Comments $10.53/moOperations being sold in lot #55

Lot #123 Lease Name Type County & StateHouston Gamble Everhart Abington Cook

RI De Soto, LA

Operator Acres Legal DescriptionCovey Park Gas LLC, Indigo Minerals LLC

93 1/3 SW NE; S2/3 NW NE; N 2/3 SE NW Sec 13 13N 15W

Decimal Interest Expenses Income (3mo)Various N/A $138.39

Seller Comments $46.13/moNote: gas prices have increased since time portrayed by income information.See additional info for multiple decimals.Click here for additional information.

Lot #124 Lease Name Type County & StateBrady 1 Operated Lease Rush, KS

Operator Acres Legal DescriptionBlack Stone Petroleum, LLC W SW SW NE NE Sec 33 18S 16W


Seller Comments

Lease Name Type County & StateKoochel 1 Operated Lease Rush, KS

Operator Acres Legal DescriptionBlack Stone Petroleum, LLC W NE SW SW SW Sec 23 18S 16W


Seller Comments

http://oaktreeminerals.com/salesPresentations/cvrasujjprewetta1-d-alt_salesPresentation_215/cvrasujjprewetta1-d-alt_salesPresentation_215_157.pdf

Lease Name Type County & StateMCANTYRE 1, 2 Operated Lease Rush, KS

Operator Acres Legal DescriptionBlack Stone Petroleum, LLC Sec 27 18S 16W


Seller Comments

Lease Name Type County & StateMCINTYRE 3, 4 Operated Lease Rush, KS



Seller Comments

Lease Name Type County & StateMoore 1 Operated Lease Rush, KS



Seller Comments

Lease Name Type County & StateRevis 2 Operated Lease Rush, KS



Seller Comments

Lease Name Type County & StateRose 1, 2, 3 Operated Lease Rush, KS



Seller Comments

Lease Name Type County & StateSWOB 1, 2, 3 Operated Lease Rush, KS



Seller Comments

Lease Name Type County & StateWhitley Operated Lease Rush, KS

Operator Acres Legal DescriptionBlack Stone Petroleum, LLC


Seller Comments

Lot #125 Lease Name Type County & StateSB #1 PWI Russell, KS

Operator Acres Legal DescriptionH&D Energy NW SE SW Sec 19 14S 12W

GWI NRI OpEx (12mo) Income (12mo)0.0625 0.052734 $853.17 $1,919.57

Seller Comments

$791.93 workover recently completed (not counted in normal operation expenses)


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/SB1%20income%20expense%20Spreadsheet%20with%20JIBS%20and%20checks%20attached.pdf

Lot #126 Lease Name Type County & StateEvelyn A#1-27 PWI Decatur, KS

Operator Acres Legal DescriptionGreat Plains Energy SW SE Sec 27 3S 26W


Seller Comments

In addition to OpEx $22.25 was spent pulling unit.


Lot #127 Lease Name Type County & StateArrow C66 Engine Equipment

Seller Comments

Arrow C-66 Engine - seller disassembled engine to the crankshaft replaced the rod bearing, piston rings, pin and bushing, cylinder sleeve, rebuilt the head, clutch discs, fan and fan belt, it has a new star fire ignition. The engine has a 1 hour test run after it was reassembled.


Lot #128 Lease Name Type County & StateHCU 0991, HCU 0-991-B, HCU 1511-B, HCU 1511-C

RI Hamilton, KS

Operator Acres Legal DescriptionLinn Operating LLC Sec 9 & Sec 15 21S 41W

Decimal Interest Expenses Income (8mo)HCU 0991 and 0991B - .0001953HCU1511B and 1511C- .0039062

$0 $134.80

Seller Comments $16.85/moIncome 12/21/17 through 8/28/18

Lease Name Type County & StateBock RI Barton, KS

Operator Acres Legal DescriptionMark Connell SE Sec 30 18S 11W

Decimal Interest Expenses Income (12mo)0.0078125 $0 $127.25

Seller Comments $16.60/moIncome 6/29/17 - 6/21/18


http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Pinnacle%20-%20Evelyn%20A%201-25%20Auction%20Income%20-%20Expense.pdf

http://info.mceeauction.com.s3.amazonaws.com/12-12-18/Arrow%20C66.pdf

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Buyers Agreement to Purchase Properties In consideration of the mutual promises contained herein and other valuable consideration, thereceipt and sufficiency of which are hereby acknowledged, Buyer and Mid-Continent Energy Exchange,LLC agree as follows: Buyer agrees that any information provided by Mid-Continent Energy Exchange, LLC is basedupon representations made by the seller of oil and gas properties and that Mid-Continent EnergyExchange, LLC cannot guarantee the completeness, timeliness or accuracy of the information providedby the Seller. No information provided by Mid-Continent Energy Exchange, LLC or contained on itswebsite or any other communication constitutes investment advice. Any decisions based upon theinformation provided by Mid-Continent Energy Exchange, LLC shall be considered with this in mind andthe Buyer has the sole responsibility to do its own due diligence.

PURCHASE OF PROPERTIES: At auction, by sealed bid, or by other purchase or designated salemethod, a Seller may offer properties for sale with or without a minimum reserve sales price. Buyer canmake bids or offers on the property for sale. The Buyer with the highest bid or offer at the ending time andwhose bid or offer meets the minimum sales price (if any) or the Buyer whose bid or offer is accepted bySeller, will be obligated to purchase the property for that price. Buyer agrees to participate as a bidder inthe sale process for the sale of oil and gas properties and any negotiations following the sale process.BUYERS REPRESENTATIONS, AGREEMENTS, WARRANTIES AND ASSURANCES: Buyer agreesthat properties for sale through Mid-Continent Energy Exchange, LLC are not intended or considered tobe securities under the Securities Act of 1933, the Securities Exchange Act of 1934 and all applicablestate securities laws. Buyer hereby acknowledges and agrees that any sale of oil and gas royaltiesthrough Mid-Continent Energy Exchange, LLC is the process of putting a willing Seller in contact with awilling Buyer to facilitate the purchase of oil and gas properties. Buyer represents that he is asophisticated, accredited and qualified investor. Buyer represents, by executing this agreement, that aBuyer is (a) primarily engaged in the business of exploring for or producing oil or gas or other minerals asan ongoing business; (b) by reason of this knowledge or experience, the Buyer will evaluate the merits and risks of the properties to be purchased through Mid-Continent Energy Exchange, LLC and will forman opinion based upon Buyer’s knowledge and experience and not upon any statement, representation orprinted material provided by Mid-Continent Energy Exchange, LLC or its representative; (c) the Buyer isof legal age, has sufficient financial resources in order to bear the risk of loss attached to the purchase ofany property that Buyer bids upon; (d) Buyer has an annual income of $200,000.00 for any natural personin each of the two most recent years or joint income with the persons spouse of not less than $300,000.00in each of those years and has a reasonable expectation of reaching the same income level in the currentyear or Buyer has a net worth or a joint net worth with that persons spouse, at the time of his purchaseexceeding $1,000,000.00 or Buyer is a business entity with total assets in excess of $5,000,000.00, asshown by the business’s most recent prepared financial statements and has sufficient knowledge andexperience in business and financial matters to evaluate the merits and risks of the acquisition of oil andgas property. Buyer has a continuing duty to notify Mid-Continent Energy Exchange, LLC if Buyersubsequently fails to qualify as a sophisticated, qualified and accredited investor. Buyer agrees toindemnify and hold Mid-Continent Energy Exchange, LLC harmless from any and all violations ofapplicable securities laws that result from any misrepresentation of the Buyer being a sophisticated,qualified and accredited investor.

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BUYER’S DUE DILEGENCE AND INDEPENDENT EVALUATION: Buyer hereby acknowledges andagrees that it has the sole responsibility to examine all information concerning ownership and productionof the properties placed for sale through Mid-Continent Energy Exchange, LLC. Further, Buyeracknowledges and agrees that if it requires additional information concerning said properties, Buyer mustcontact Mid-Continent Energy Exchange, LLC or the Seller to obtain requested information prior to thebeginning date of the sale process. If Buyer makes a bid or offer on any property after making a requestfor additional information, Buyer waives the performance of that request. Buyer further agrees that it willmake an independent evaluation of the property and acknowledges that the Seller and Mid-ContinentEnergy Exchange, LLC have made no statements or representations concerning the present or futurevalue or the future income, costs or profits, if any, to be derived from the property. Buyer acknowledges inthat making a bid or offer in the sale process that Buyer has relied solely on its independent examinationof the premises and public records and that Buyer’s bids and offers are based solely on Buyer’sindependent inspections, estimates, computations, evaluations, reports, studies and knowledge of theproperties. Any and all information provided by Seller or Mid-Continent Energy Exchange, LLC in theproperty information sheet or data packages, as well as any other information provided by Seller or MidContinentEnergy Exchange, LLC, are furnished to Buyer at Buyer’s sole risk. Seller and Mid-ContinentEnergy Exchange, LLC do not warrant or represent as to the accuracy or completeness of the datapresented to the Buyer, and the Buyer agrees to indemnify and hold Mid-Continent Energy Exchange,LLC and Seller harmless from any reliance by Buyer on data provided by the Seller and/or Mid-ContinentEnergy Exchange, LLC.CONTRACT COMPLIANCE: Buyer hereby agrees to comply with all applicable joint operatingagreements, unitization agreements, communication agreements and other agreements that pertain tothe ownership of the subject properties. Buyer is fully responsible to obtain waivers of uniformmaintenance under joint operating agreements, if needed, and agrees to indemnify and hold MidContinentEnergy Exchange, LLC, and Seller harmless, if the same are not obtained by Buyer, or waivedby a third party.LESSER INTEREST: If Buyer discovers that the properties conveyed by Seller are of lesser interest thanwhat is represented on the property information sheet and associated data, or any modifications orchanges thereto, Buyer shall send notification to Seller within 60 days from the date of sale whichdescribes the difference in interest accompanied by adequate proof of said lesser interest. Buyer agreesthat within 30 days following the receipt of the notification, Seller will at Seller’s option and by writtennotice to Buyer, (a) refund a pro-rata share of the purchase price based on the amount of the interest losscompared to the total price paid for the full represented interest; or (b) Cure the defect that is attributableto the lesser interest; or (c) rescind the sale and Buyer shall reassign the same back to Seller free from any and all encumbrances of Buyer and Seller will refund the amount paid by Buyer upon execution anddelivery of the assignment from Buyer to Seller.

Mid-Continent Energy Exchange, LLC shall be entitled to retain commission paid or payable by Seller andin all events, the Buyer’s sole remedy is against Seller.GAS IMBALANCES: Buyer acknowledges and agrees that properties on which it may bid or make offersmay be subject to gas imbalances pursuant to gas balancing agreements between working interestparties or in the absence of agreements between the working interest parties and the unit. All propertiesshall be sold without warranty on an “as is, where is” basis. No adjustment in the purchase price shall bemade as a result of an inaccuracy in the estimated gas imbalance amount disclosed by Seller. Seller shallprovide information it believes accurate to the status of gas imbalances for the offered properties, butneither Seller nor Mid-Continent Energy Exchange, LLC makes any representations or warranties as tothe accuracy of said information.



ENVIRONMENTAL LIABILITIES: Buyer hereby acknowledges and agrees that after the date of thisassignment it is responsible for any and all losses attributable to any and all environmental events orimpacts, including without limitation, damage to property, injury or death of persons or things, naturalresource damage, environmental remediation and restoration, costs, fines, or penalties arising out of orattributable to the ownership, condition or operation of the properties purchased by Buyer.ROYALTY, OVERRIDING ROYALTY, WORKING INTEREST, CONTRACTUAL LIABILITIES ANDOPERATION LIABILITIES: Buyer agrees and acknowledges that any and all liabilities relating toobligations to pay royalties, contractual obligations under oil and gas leases, joint operating agreementsand liabilities associated with the ownership, condition and operation of the subject properties become theBuyers liability from the effective date of assignment. Seller shall be liable for its period of ownership priorto the effective date of assignment of the property.NO WARRANTIES (EXPRESS OR IMPLIED): Buyer acknowledges and agrees that it is acquiring theproperties, wells, equipment and other property located thereon from Seller without warranty whatsoever,express, statutory or implied as to the description, title, condition, quality, fitness for purpose,merchantability, or otherwise. Buyer acknowledges and agrees that neither the Seller nor Mid-ContinentEnergy Exchange, LLC, makes any representation or warranty whatsoever as to the physical condition ofthe property nor any statements or representation concerning the present or future value of theanticipated income, cost, or profits, if any, to be derived from the property. Buyer acknowledges andagrees that all property is sold on an “as is, where is” basis.TITLE: Buyer hereby acknowledges and agrees that it has the sole responsibility to examine allinformation concerning title to the property and to conduct its own independent evaluation to ascertain titleto the properties and satisfy itself that the title is marketable, defensible or acceptable. Buyeracknowledges and agrees that it will indemnify and hold Seller and Mid-Continent Energy Exchange, LLCharmless as to the accuracy of any documents of title to the properties. Buyer further acknowledges andagrees that neither Seller nor Mid-Continent Energy Exchange, LLC warrants title, either express orimplied, and that all title to property is on an “as is” basis.CLOSING: Buyer acknowledges and agrees that upon notification from Mid-Continent Energy Exchange,LLC, at Buyer’s successful bid or offer on Seller’s property, Buyer shall tender the total amount of fundsrequired to purchase the property to the designated escrow bank as determined by Mid-Continent EnergyExchange, LLC by either wire transfer, next day delivery or overnight mail, by certified check orpreapproved check from Mid-Continent Energy Exchange, LLC, or hand courier delivery service to thedesignated closing office, all within 48 hours of notification. Buyer agrees that all funds will be held inescrow until Seller provides all executed documents of conveyance to Buyer.

BUYERS DEFAULT: Buyer acknowledges and agrees that if it defaults for any reason, Mid-ContinentEnergy Exchange, LLC and Seller shall have all remedies available to them by Kansas law, includingspecific performance declaring the sale void and reselling the property, seeking damages from Buyer,including all costs and reasonable attorneys’ fees resulting from Buyers breach.LAW GOVERNING AGREEMENT: Buyer acknowledges and agrees that this agreement shall begoverned and interpreted in accordance with the laws of the state of Kansas and that proper venue forany disputes arising out of this agreement shall be Sedgwick County, Kansas.NOTICES: Buyer acknowledges and agrees that any notice provided or permitted to be given under thisagreement shall be in writing and mailed to the Buyer at the address appearing above, or to MidContinentEnergy Exchange, LLC at the address appearing above.





Documents

Sale Day Catalog Dec. 12, 2018 - Amazon Web Servicesinfo.mceeauction.com.s3.amazonaws.com/12-12-18/Dec... · 12/12/2018 · Sale Day Catalog Dec. 12, 2018 Oil & Gas Asset Auctions