CRAWFORD & CLARK CO, IL OIL & GAS PRODUCTION FOR SALE
14+/- BBL/DAY OF EXISTING PRODUCTION
ESTABLISHED PRODUCTION
1100+/- ACRES HBP
12 LEASES
SELLER: SHULL ENERGY, LLC.
CRAWFORD COUNTY, ILLINOIS LEASES
NOW TAKING OFFERS, NO MINIMUM BID
14 +/- BBL/DAY, WORKOVER POTENTIAL/ESTABLISHED
PRODUCTION
CLARK COUNTY, ILLINOIS LEASES
NOW TAKING OFFERS, NO MINIMUM BID
1/2 +/- BBL/DAY, WORKOVER POTENTIAL/ESTABLISHED
PRODUCTION
SALE COVERS ALL LEASES/ LEASE EQUIPMENT/
OPERATING RIGHTS, WORKING INTEREST, AND ANY
ORRI OWNED BY OPERATOR.
CRAWFORD COUNTY, ILLINOIS LEASES
CLARK COUNTY, ILLINOIS LEASES
BI-PETRO LEASE 5705, DRUMMOND 1&2, 160 ACRES.
BI-PETRO LEASE 5773, BOYD LEASE, 184 ACRES
BI-PETRO LEASE 5889, BOYD-PARTLOW, 20 ACRES (INACTIVE)
BI-PETRO LEASE 9195, STANT LEASE, 80 ACRES
BI-PETRO LEASE, 9900657, RANDOLPH LEASE, 24 ACRES
BI[PETRO LEASE 9900704, KILBURN LEASE, 67 ACRES
BI-PETRO LEASE 9900963 G. LORANCE & NJ HIGHSMITH, 80 ACRES
BI-PETRO LEASE 9900972, SS REINOEHL NO. 3, 56 ACRES (INACTIVE)
BI-PETRO LESE 9901205 SYLVIA WALBORN 1 & 2, 300 ACRES
BI-PETRO LEASE 9901209, JOHN E. LINDSAY, 40 ACRES
BI-PETRO LEASE 9001227, HANBY JONES, 50 ACRES
BI-PETRO LEASE, 9901228 GERALD GOFF COMM., CLARK GOFF, 50 ACRES
PLAINS MARKETING LEASE 477192, LULA POFFINBARGER, 160 ACRES.
Non-Disclosure agreement
Please Note:
All interested Parties will be required to sign a
Non-Disclosure Agreement (NDA) prior to receving
the following information:
Run Tickets
Division Orders
Lease Assignments
& Other Confidential Information Pertaining to the
Leases
TYPE OF INTEREST CONVEYED: LEASEHOLD INTEREST/WORKING INTEREST. NO
LAND/SURFACE/MINERAL INTEREST IS BEING OFFERED FOR SALE.
PERSONAL PROPERTY: SELLER TO CONVEY PERSONAL PROPERTY LOCATED ON THE
LEASED PREMISES,INCLUDING BUT NOT LIMITED TO:
TANKS, PUMP JACKS, MOTORS, INJECTION PUMPS, TUBING, RODS, AND OTHER
EQUIPMENT USED IN THE DAILY OPERATIONS FOR THE PRODUCTION OF OIL OR
GAS, UNLESS SPECIFICALLY RESERVED. SELLER SHALL CONVEY ALL PERSONAL
PROPERTY THROUGH A BILL OF SALE.
POSSESSION: POSSESSION ON DATE OF CLOSING
TERMS: 10% (OR OTHER ACCEPTED AMOUNT) ESCROW DEPOSIT DUE ON THE DATE OF
CONTRACT ACCEPTANCE, 6% BUYER’S PREMIUM DUE AT CLOSING. CLOSING TO
OCCUR AS SOON AS NECESSARY DOCUMENTS ARE PREPARED. HAVE FINANCIAL
ARRANGEMENTS MADE PRIOR TO SUBMITTING OFFER,
SALE IS NOT CONTINGENT ON BUYER (S) ABILITY TO OBTAIN FINANCING.
TITLE: BUYER AT BUYER’S COST AND EXPENSE, SHALL PERFORM ALL TITLE SEARCHES,
LIEN SEARCHS, DUE DILIGENCE CHECKS, AND OTHER RESEARCH PERTAINING TO THE
PROPERTY, AS PERMITEED BY THE SALES CONTRACT, PRIOR TO CLOSING, SELLER
AGREES TO PROVIDE TO BUYER ALL INFORMATION CONTAINING IN THE SELLER’S
FILES (SUBJECT TO AN NON-DISCLOSURE AGREEMENT) THAT PERTAIN TO
THE TITLE, INCLUDING COPIES OF ASSIGNMENTS, LEASES, ADVALOREM TAX
STATEMENTS, OIL RUN STATEMENTS, DIVISION ORDERS, MORTGAGES AND OTHER
INFORMATION THAT SUPPORTS THE VALIDITY OF THE LEASE AND SELLER’S
OWNERSHIP THEREOF AND SELLER AGREES TO TRANSFER ALL INTEREST THEY OWN
IN THE PROPERTY, FREE AND CLEAR OF ALL LIENS, MORTGAGES, AND BACK TAXES.
AGENCY: SELLAFARM, YOUR TEAM ON THE GROUND AND ITS REPRESENTATIVES ARE
ACTING AS AGENTS, WITH EXCLUSIVE RIGHT TO SELL.
OTHER ANNOUNCEMENTS: ALL INFORMATION PROVIDED IS FROM SOURCES DEEMED
RELIABLE,HOWEVER, NOT GUARANTEED. PARTIES RELYING ON SUCH ARE URGED TO
PERFORM DUE DILLIGENCE
RESERVATIONS BY SELLER (IF ANY) LISTED BELOW
NONE
Log onto www.sellafarm.com for downloadable multi-page brochure, Individual Lease
Prices, plats & More!
For more information, please contact Land Specialists and Listing Brokers
April Wilcox at 618 - 843 - 3721 -or- Zane Parrott at 812 - 890 - 5452.