Absolute Belmont County Land & Mineral Auction
Location: 33002 Rock River Rd. Barnesville, OH. 43713 GPS 39.876991,-81.222149
Directions: From Barnesville, OH follow SR 147 South 5 miles to SR 379 South 6 miles to Rock River Rd. then Eat 7/10 mile to location. From Somerton on SR 800 Go West on Johnson Ridge Rd. ½ mile then follow Rock River Rd Southwest 4 miles to property.
Monday January 20th 2014
4:00 PM
55.62 Acres Land * 19.944 Acres Oil & Gas Rights * Somerset Twp *Belmont County * Barnesville LSD * Potential Home/Cabin Sites * Recreational Land * Oil & Gas Rights Offered Separately * Live Onsite Auction * Immediate Hunting Rights *
Located south of Barnesville, OH in Belmont County this property features wooded and open acreage with good accessibility and trails, ideal for recreational use. The property is also located in a very active Utica Shale exploration area. The 19.944 acres oil and gas rights will be offered as a separate entity and represent an excellent opportunity for investment in one of the most prolific Shale markets in the country. Title search, additional oil/gas info, maps and brochure will be available via www.kaufmanrealty.com or by contacting Jason. Please note potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase. Seller will grant immediate hunting rights with receipt and deposit of down payment.
Summary of Oil & Gas interest being sold.
50% of Parcel # 37-00482.000 Range 6 Township 7 Section 31 NE 39.888 ACRES
Leased to Antero Resources
20% or 1/5th Royalty percentage
Leased by Term
Copy of O/G Lease is available
Legal: Parcel #’s 37-00482.000 & 37-00647. 002 in Somerset Township of Belmont County. Taxes are $298.58 per half yr. Terms: Absolute Auction. 10% nonrefundable down payment, balance at closing in 45 days, no financing contingencies. 10% buyer’s premium will be added to highest bid price to determine final contract price. Any required inspections must be completed prior to bidding. Oil & Gas rights will sell first, followed by the surface and will not be offered as a combination. All information gathered from sources deemed accurate but is not guaranteed. Buyer must independently investigate and confirm any information or assumptions on which any bid is based.
Sale by order of:
Allen D. & Mattie Miller
KAUFMAN REALTY & AUCTIONS
888.852.4111 or www.kaufmanrealty.com
JASON MILLER CAI, REALTOR/AUCTIONEER
740.541.7475 or [email protected]