Tuscarawas Co. Oil & Gas Rights Auction
70% of 38 +/- Net Mineral Acres in Oxford Township of Tuscarawas Co. Ohio
Minerals Are Held by Production
Online Only Bidding ends Friday April 21st, 2023
Bidding starts closing at 6:00 PM w/extended bidding.
Offering an exceptional investment in a prime development area of the Utica/Point Pleasant Shale play in Tuscarawas Co. Buyer can purchase 70% of 38 net acres.
Subject: 38.635 Acres -Tuscarawas County, OH Oxford Township. A 70% Undivided interest in 38.635+/- Acres of Oil & Gas Minerals in Section 23 Parcel ID# 44-00417.000 for location purposes only!
Legal Description Township 5, Range 3 p/o Northeast ¼ of Southwest ¼ and p/o Southeast ¼ of Northwest ¼ .
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 agreements 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
(888) 852-4111
www.kaufmanrealty.com
Jason L. Miller Partner/Auctioneer
740-541-7475 or [email protected]
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