Jefferson, Clay, Gallatin, Edwards County, Illinois Oil & Gas Production FOR SALE
28 +/- BBL/DAY OF EXISTING PRODUCTION
1800 +/- ACRES HBP; DEEP DEVELOPMENT POTENTIAL
29 LEASES
28 +/- BBL/DAY OF EXISTING PRODUCTION
1800 +/- ACRES HBP; DEEP DEVELOPMENT POTENTIAL
29 LEASES
SELLER: NICHOLS OPERATING LLC.
CLAY COUNTY, ILLINOIS LEASES
15 OIL WELLS, 4 WATER INJECTION, 11 BBL/DAY +/-, 780 ACRES HBP.
LIST PRICE: $675,000.00
1. RINNERT-BANGERT LEASE, LINCOLN CRUDE OIL MARKETING LEASE # 101241
2. NEELY ET AL UNIT, LINCOLN CRUDE OIL MARKETING LEASE # 101235-101238
3. ROSE-PATTON, LINCOLN CRUDE OIL MARKETING LEASE #101239
4. BIBLE WATERFLOOD UNIT, CLAY COUNTY ILLINOIS
DEON BIBLE LEASE, LINCOLN CRUDE OIL MARKETING LEASE #101243
GROVER BIBLE LEASE, LINCOLN CRUDE OIL MARKETING LEASE #101244
GUY BIBLE “A” LEASE, LINCOLN CRUDE OIL MARKETING LEASE #101242
GUY BIBLE “B” LEASE, LINCOLN CRUDE OIL MARKETING LEASE #101246
MONTONEY LEASE, LINCOLN CRUDE OIL MARKETING LEASE #101245
GALLATIN COUNTY ILLINOIS LEASES
6 OIL WELLS, 2 WATER INJECTION, 7 BBL/DAY +/-, 240 +/- ACRES HBP
LIST PRICE: $450,000.00
1. HISH LEASE, LINCOLN CRUDE OIL MARKETING LEASE #101255
2. RIDER HEIRS #1, LINCOLN CRUDE OIL MARKETING LEASE #101252
3. ROBERT FRED DAVIS #1, LINCOLN CRUDE OIL MARKETING LEASE #101253
4. AWALT LEASE, LINCOLN CRUDE OIL MARKETING LEASE #101254
EDWARDS COUNTY ILLINOIS LEASES
3 OIL WELLS, 1 WATER INJECTION, 2-3 BBL/DAY +/-, 76 ACRES HBP.
LIST PRICE: $100,000.00
1. MCGOWAN “A” 1-4, LINCOLN CRUDE OIL MARKETING LEASE #101251
JEFFERSON COUNTY ILLINOIS LEASES
11 OIL WELLS, 1 WATER INJECTION, 7 BBL/DAY +/-, 860 ACRES HBP.
LIST PRICE: $370,000.00
1. UPPER SALEM WATERFLOOD UNIT, JEFFERSON COUNTY, ILLINOIS
LARRY SCRIVNER, LINCOLN CRUDE OIL MARKETING LEASE #101270
NELSON CHAMBLISS, LINCOLN CRUDE OIL MARKETING LEASE #101263
PAULINE CHAMBLISS, LINCOLN CRUDE OIL MARKETING LEASE #101265, 101264
JESSE ELLIS #1, LINCOLN CRUDE OIL MARKETING LEASE #101266
HICKEY ETAL, LINCOLN CRUDE OIL MARKETING LEASE #101267
JOHNSON ETAL UNIT, LINCOLN CRUDE OIL MARKETING LEASE #101268
WENDELL LISENBY, LINCOLN CRUDE OIL MARKETING LEASE #101260
IRVIN POOLE ET AL #1, LINCOLN CRUDE OIL MARKETING LEASE #101269
GRACE RANDALL ETAL, LINCOLN CRUDE OIL MARKETING LEASE #101261
BURRELL SLEDGE 2. 3, LINCOLN CRUDE OIL MARKETING LEASE #101271
BURRELL SLEDGE COMM. ET AL, LINCOLN CRUDE OIL MARKETING LEASE #101273
BURRELL SLEDGE B-2, 3, 4, LINCOLN CRUDE OIL MARKETING LEASE #101272
BURRELL SLEDGE C 1 & 2, LINCOLN CRUDE OIL MARKETING LEASE #101272
SLEDGE HEIRS A, LINCOLN CRUDE OIL MARKETING LEASE #101274
SLEDGE HEIRS D, LINCOLN CRUDE OIL MARKETING LEASE #101262, 101259
2. GRACE RANDALL – NON UNIT, LINCOLN CRUDE OIL MARKETING LEASE #101277
3. JESSE EILLIS #1 – NON UNIT, LINCOLN CRUDE OIL MARKETING LEASE #101256
4. JESSE ELLIS C – NON UNIT, LINCOLN CRUDE OIL MARKETING LEASE #101258
5. SCRIVNER – NON UNIT, LINCOLN CRUDE OIL MARKETING LEASE #101257
(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 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
AND BASE THEIR DECISIONS UPON THAT INFORMATION.
RESERVATIONS BY SELLER (IF ANY) LISTED BELOW
NONE