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.
DESCRIPTION OF ITEM:Estate's Interest in Oil and Gas Royalties in several wells in Upshur County, TX. The Interests are managed by Sojourner Drilling Corp, Owner ID 25105. Eva O'Byrne Gas Unit W#01 - Appraised Value: $590, W#02 - Appraised Value $561, W#03 - Appraised Value: $175 and W#05 - Appraised Value $1,255. Legal Description: A 665.10 Acre Unit in the J. Maria Pineda Survey A-386, consisting of 10 Tracts in Upshur County, TX. 2010 Total net earnings: $757.93. 2011 YTD Total net earnings through 7/26/11: $524.55. To view a copy of the check history through 8-30-11 Click here. To view copies of the legal descriptions, appraised values etc. Click here. The website used to print the legal description information is very informative. We recommend you check that site "True Automation" for more detailed information.
LIENS: We do not know of any liens.
NOTES: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.