LARGE Net Mineral Acreage Sale Clarion County, PA

1,176+/-  CONTIGUOUS

NET MINERAL ACRES

(consisting of numerous tax parcels) OFFERED IN IT’S ENTIRETY IN ONE LOT

 

RICHLAND TWP., CLARION COUNTY, PA

Presented by: UNITED COUNTRY – JELLIFF AUCTION & REALTY in conjunction with HICKMAN GEOLOGICAL CONSULTING, LLC & MINERALMARKETING.COM

NO DEDUCTIONS - NET 15% RI 

Seller is 100% Owner of Mineral Rights – NO LIENS! LEASED by LAUREL MOUNTIAN ENERGY, LLC

Paid in Development with multiple laterals under property planned. Mid-stream infrastructure for immediate production.  UC-JAR, HGC, & MMC HOLD EXCLUSIVE RIGHTS TO MARKET THE PROPERTY.

OFFER SOLICITATION BEGINS ON 9AM EST APRIL 24, 2019 AT

& CLOSES AT 5PM EST JUNE 19. 2019

 

SELLER AGREES TO ACCEPT HIGHEST OFFER

OFFER MINIMUM: $3,000/NMA

BUY NOW PRICE: $5,000/NMA

Attachments: (1)


TERMS AND CONDITIONS

Open offer solicitation is between 9:00 am EST April 24, 2019 & 5:00 pm EST June 19, 2019
 

TO MAKE AN OFFER:

 

COMPLETE FORM ON SECOND

PAGE OF PACKAGE (SEE ATTACHED DOCUMENT) AND RETURN

A SIGNED COPY TO:

 

RANDY@JELLIFFAUCTIONS.COM

AND

JOSH@HICKMANGEOLOGICAL.COM

Offers may be resubmitted until the close of the solicitation period. Companies may ask if they are the high offer after submitting an offer. Offers & Re-offers must be submitted electronically using form (SEE LINK).

 

Open offer solicitation is between 9:00 am EST April 24, 2019 & 5:00 pm EST June 19, 2019

During this open offer solicitation time, the first offer to reach $5,000/AC will be considered the “Buy Now” offer and the sale will end if that company demonstrated sufficiently the ability to close on the acquisition. If they are unable to close, then the process will continue to the close of solicitation and the highest offer will be awarded the rights to close on the mineral rights.

High offer agrees to enter into Mineral Purchase Agreement with the Seller at stated offer amount within 5 (five) business days of being notified.

High offer company agrees to limit due diligence period to 60 calendar days from signing of Mineral Purchase Agreement.

High offer or Buy Now offer agrees to pay United Country – Jelliff Auction & Realty a Buyer’s Premium of 10% of the sales price (Offer x Net Mineral Acreage x 10%) at closing.

QUESTIONS?

570-835-4214 OR 724-514-7022

LOTS/CATEGORIES

Personal Property (1)
General
Active
001

Personal Property ID : 242934

1,176+/- CONTIGUOUS NET MINERAL ACRES IN RICHLAND TWP., CLARION COUNTY, PA
Live only
Wed, Jun 19, 2019
5:00 PM EST
Location:
95 Longbow Lane, Tioga, PA, 16946

Edgar Randy Jelliff

Owner | Lic NY/PA RE Broker | Master Auctioneer