White County, Illinois Oil & Gas Production
WHITE COUNTY, ILLINOIS OIL & GAS PRODUCTION FOR SALE
25 +/- BBL/DAY OF EXISTING PRODUCTION
1100 +/- ACRES HBP; DEEP DEVELOPMENT POTENTIAL
25 LEASES
8 PRODUCTION WELLS, 1 INJECTION WELL, 2 WELLS NOT EQUIPED
Please Note: this is a listing, not an auction.
WHITE COUNTY, ILLINOIS OIL & GAS PRODUCTION FOR SALE
25 +/- BBL/DAY OF EXISTING PRODUCTION
1100 +/- ACRES HBP; DEEP DEVELOPMENT POTENTIAL
25 LEASES
8 PRODUCTION WELLS, 1 INJECTION WELL, 2 WELLS NOT EQUIPED
SELLER: WEST DRILLING COMPANY/WOODCOCK OIL LLC.
SALES PRICE FOR ALL LEASES $1,500,000.00
WHITE COUTY, ILLINOIS LEASES OFFERED FOR SALE
1. Countrymark Coop, Lease 2581 JESSE B RAMMING County: WHITE, IL
2. Countrymark Coop, Lease 2580 HARVEY E BROWN B County: WHITE, IL
3. Countrymark Coop, Lease 122131 HE BROWN (NON-UNIT) County: WHITE, IL
4. Countrymark Coop, Lease 2541 WINTER-RAMMING COMM County: WHITE, IL
5. Countrymark Coop, Lease 2318 REUBEN WINTER County: WHITE, IL
6. Countrymark Coop, Lease 72788 R WINTER (NON-UNIT) County: WHITE, IL
7. Countrymark Coop, Lease 102248 J B RAMMING (NON-UNIT) County: WHITE, IL
8. Countrymark Coop, Lease 122536 L CORCORAN #5 (NON-UNIT) County: WHITE, IL
9. Countrymark Coop, Lease 2328 WINTERS & BOTSCH COMM County: WHITE, IL
10. Countrymark Coop, Lease 22527 LENA CORCORAN County: WHITE, IL
11. Countrymark Coop, Lease 132832 BOTSCH UNIT #2 County: WHITE, IL
12. Countrymark Coop, Lease 2813 BOTSCH COMM County: WHITE, IL
13. Countrymark Coop, Lease 2843 G J BOTSCH County: WHITE, IL
14. Countrymark Coop, Lease 2889 HJ BOTSCH County: WHITE, IL
15. Countrymark Coop, Lease 142094 ROSE #2 NON-UNIT County: WHITE, IL
16. Countrymark Coop, Lease 2666 ROSE-WINTER-RAMMING County: WHITE, IL
17. Countrymark Coop, Lease 2880 WILLIAM ROSE L County: WHITE, IL
18. Countrymark Coop, Lease 2846 WILLIAM L ROSE County: WHITE, IL
19. Countrymark Coop, Lease 2859 WILLIAM SEITZ County: WHITE, IL
20. Countrymark Coop, Lease 2833 C W SPENCER County: WHITE, IL
21. Countrymark Coop, Lease 22510 WC SEITZ County: WHITE, IL
22. Countrymark Coop, Lease 22511 D NEWELL County: WHITE, IL
23. Countrymark Coop, Lease 22494 LEDBETTER #1 County: WHITE, IL
24. Countrymark Coop, Lease 2802 J A JACOBS County: WHITE, IL
25. Countrymark Coop, Lease 22509 J M ABSHIER County: WHITE, IL
SUBJECT TO UNITIZATION AGREEMENT, KNOWN THE SUMPTER EAST UNIT UNDER THE
TERMS OF A UNITIZA TIONAGREEMENT RECORDED IN BOOK 32, PAGE 51 OF THE RECORDS
OF WHITE COUNTY,
ILLINOIS.
(ALL OTHER LEASES AND WELLS COMMUNITIZED OR COMMINGLED WITH THE ABOVE-
DESCRIBED LEASES ARE OFFERED FOR SALE AND SHALL BE CONVEYED TO BUYER)
LISTING AGENT, APRIL WILCOX HAS THE EXCLUSIVE RIGHT TO SELL
CONTACT: APRIL WILCOX, PARROTT MARKETING GROUP LLC. FOR ADDITIONAL INFORMATION
OFFICE: 618-943-4905
CELL: 618-843-3721
EMAIL: WILCOLANDENERGY@GMAIL.COM
SALE TERMS & CONDITIONS
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 ASSIGNMENETS, 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
AND BASE THEIR DECISIONS UPON THAT INFORMATION.
RESERVATIONS BY SELLER (IF ANY) LISTED BELOW
SELLER IS CONVEYING AN 82% NET REVENUE WORKING INTEREST, EXCEPT ON THOSE LEASES WHERE
THE CURRENT NRI IS BURDENED BELOW 82% BY ORRI AND RI. OPERATOR AND INVESTORS TO SELL
WORKING INTEREST.
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 ASSIGNMENETS, 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
AND BASE THEIR DECISIONS UPON THAT INFORMATION.
RESERVATIONS BY SELLER (IF ANY) LISTED BELOW
SELLER IS CONVEYING AN 82% NET REVENUE WORKING INTEREST, EXCEPT ON THOSE LEASES WHERE
THE CURRENT NRI IS BURDENED BELOW 82% BY ORRI AND RI. OPERATOR AND INVESTORS TO SELL
WORKING INTEREST.