DESCRIPTION OF ITEM
Estate’s Interest in Oil and Gas Royalty Interests in Limestone County, Texas.
Oil and Gas Royalty Interests for the following: 0.000541 Interest in Leases #0263213, #0236203, #0263202 & #263201. Sims L P Brothers AB 4 Juan L Chavert Survey Wells #1, #2, #3 & #13, RRC# 240451, RRC#227297, RRC# 225720 & RRC#219067 in Limestone County, TX. Operator XTO Energy Inc., Owner #130975.
The Revenues for 2014 were $271.25 and YTD for 2015 was $246.37 for checks dated thru 5-22-2015. There are past due taxes on the interests of $131.94 good thru 12-31-15. The account has been put in suspense until the sale is completed. To view a copy of the Revenue History and Limestone County Tax information 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 Past due taxes of $131.94, payable by the Buyer. We do not know of any other 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. Potential Buyers should not bid unless the fully intend to complete the sale.
Item ID Marks01
Case Name: Steven R. Marks
Case Number 15-12198-SHG