DESCRIPTION OF ITEM
Estate’s Interest in Oil and Gas Royalty Interests in Greene County, Pennsylvania. Managed by:
(1) Appalachian Oil Purchasers, LLC, Owner ID #L-60525. Operator: Mountain Energy Conversion Trust. Percent Interest: 0.004514. Well – Ullom #4, Legal Description: On the North by lands of Riggle Heirs, On the East by lands of Heirs of Madison Ullom, On the South by lands of Flanigan Wright, On the West by lands of Jesse Hinerman, Riggle Heirs in Aleppo Twsp. Tax Parcel ID: 01-04-0126.
The Revenues for 2013 were $108.46, 2014 were $190.01 and YTD for 2015 is $7.20 for checks dated thru 1/14/2015. The account has been put in suspense until the sale is completed. To view a copy of the Division Order and Revenue History Click here.
(2) CNX Gas Company, LLC. Owner ID #20006208. Percent Interest: .00130425. Wells – PA007228 & PA007640, Lease #PNG02835, 225 Acres in Green County, PA Legal: On the North by lands of Armstrong Grim & Lewis Parry, On the East by lands of William Harkins & Elisha Ridehart, On the South by lands of James McVay, On the West by lands of John & Noah Molpky & Geo McVay in Greene County, PA.
The Revenues for 2013 were $6.78 & 2014 $6.26 for checks cut in October of each year. To view a copy of the CNX Gas Company information and revenue history Click here.
IMPORTANT LEGAL INFO
CSAssets specializes in the liquidation of Bankruptcy Assets and Personal Assets. All Bankruptcy Assets are sold “AS IS WHERE IS” with no warranties implied or stated. The Seller and the Bankruptcy Trustee are not responsible for any liens or encumbrances against the items. The Buyer will be entirely responsible for these oil/gas royatlies after the sale, including but not limited to: pursuing the oil/gas royalties and all associated costs, paying all fee/liens (if any) associated with the oil/gas royalties, recording/transferring the title and gathering any documentation necessary for that process. CSAssets and the Trustee shall be under no obligation to the buyer except to provide the Buyer with a Bill of Sale and/or Trustee’s Deed or Assignments for the Oil/gas royalties.CSAssets has been provided information by the Debtor and we cannot guarantee that all of the information is accurate. CSAssets recommends all bidders perform their own due diligence PRIOR to bidding on this item. As with any Bankruptcy case, this sale may be subject to court approval. Please read all sections of the ad carefully, particularly for real estate sales.
LIENS We do not know of any liens.
This is all we know about these Oil and Gas Royalty Interests. Document preparation fees for the Oil and Gas Royalty Interests of $250 will apply and will be included in the total of your invoice. All Sales are Final. Serious Bidders Only. Any bid submitted by a potential Buyer will be considered an agreement to our Terms. The eBay disclaimer regarding “contract to purchase” does not apply to our U.S. Bankruptcy Court Ordered Sales. Potential Buyers should not bid unless the fully intend to complete the sale.
Item ID Grimm01
Case Name George & Sherry Grimm
Case Number 15-00184-SHG