April 11, 2018

Sold: Oil & Gas Mineral Rights near Lignite, Burke County, North Dakota!

Item Id: Hunstead01
Case Name: Hunstead, Denis & Sharon J
Case Number: 17 30068
Trustee:
Starting Minimum Bid: $1,495

Description: Oil & Gas well mineral rights near Lignite, North Dakota in Burke County. The rights are in the process of being quit claimed back to the debtors. The current Oil/Gas lease holder is Empire Oil of Williston, North Dakota. The operator who remits payments is Oasis Petroleum of Houston, Texas. The location is near Lignite near the north central portion of Burke County, ND.

The Legal Description is: “Township 162 North, Range 92 West
Section 7: Lots 3 and 4, E1/2 SW1/4 SE 1/4 NW 1/4

According to Empire, the lease encompasses 309 acres.

According to Oasis, there is no current well production. Past owner net payments have totaled $3,563.54 as of 3/15/18.

Location Info: The location is near Lignite near the north central portion of Burke County, ND.

Liens: We do not know of any liens

*Picture is of general area, not representative of actual property.*

Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..