November 19, 2015

Sold: 1/6th Ownership of Vacant Land and CO2 Mineral Rights & Royalty Payments near Cortez, Montezuma County, Colorado!

Item Id: Marsell01
Case Name: Marsell, Richrard L & Barbara C
Case Number: 15 03935
Trustee:
Starting Minimum Bid: $20,000

Description: Estate’s Interest in 1/6 Ownership (approximately 16.6%) of 80 Acres of vacant land near Cortez, Colorado. The APN # is 5613-034-00-013 and the Account # is R015185. According the County Assessor, the property does include royalty rights. Operator is Kinder Morgan of Houston, Texas. The location of the vacant land is near County Road 18, Cortez, CO 81321. This asset auction is for 1/6 interest in 80 acres of vacant land and 1/6 interest in royalty rights.

The Legal Description is
Section : 3 Township: 36 Range 17 S: 3 T: 36 R: 17 N1/2 SE ¼ 80A MC2041 B475 P646 R/463226 R/463528

Owner # 007251

These C02 royalties have produced revenue over a 2-year period, as follows:
2014 – $5,416.09 for CO2 and $0.00 for Oil. 2015 (as of 5/21/15) $1,580.59 for CO2

The operator of the lease is Kinder Morgan CO2 Company of Cortez, CO.

Division Order Copies of payments from leases attached here.
PaymentStream

Payout History: See above

Contacting the trustee’s office is strictly discouraged. Trustees appoint auctioneers to sell assets and handle all communication with bidders. The trustee has disclosed all information to BKassets.com that he or she is legally able to disclose. Contacting the trustee’s office directly prior to the sale of the asset will be interpreted as an attempt to circumvent the auction process and may be grounds to bar individual from bidding.

Location: The property borders County Road 18 near Cortez

Liens: We do not know of any liens.