If you are having any issues bidding on these offerings please contact our office, 888.852.4111 and ask for Curt, Kate, or Anthony.
You may also contact Jason at 740.541.7475
Southeastern Ohio Oil & Gas Rights Auction
Multiple Offerings Including Land/Surface Rights
Online Only Auction
Bidding Ends on Wednesday March 5, 2014
Offerings will start ending at 12:00 Noon, be sure to note the countdown clock for each offering.
10+ Offerings * 300+ Net Mineral Acres *Oil & Gas Rights *
Varying Degrees of Lease * Several Land Parcels *
Columbiana, Guernsey, Noble, Monroe,
Washington, & Muskingum Counties
Auction Preview: Tuesday February 25th 4:00 to 6:00 PM. Kaufman Realty & Auctions Office in Sugarcreek
Sample Deed located in documents tab. Due to a temporary error in the system you must remain logged out on the bidding page to view the indiviudal documentation on each lot. Please call office with questions 330.852.4111
Eastern Ohio is the epicenter of the Shale Play in Ohio and the surrounding states. We will be offering over ten parcels of oil and gas rights in varying states of lease. There will also be multiple parcels of land/surface rights. Please visit our website kaufmanrealty.com for complete details on the offerings including lease information as well as a list of the terms under which bidding will take place. The offerings will begin closing at 12:00PM and close every 30 minutes until the auction is complete. There will be a preview of this auction at our Sugarcreek Office on Tuesday February 25th from 4:00 to 6:00 PM.
Go to kaufmanrealty.com for additional information, complete terms and to register for bidding. BIDDING IS ON A PER ACRE BASIS AND IS ROUNDED TO CLOSEST WHOLE ACRE ON THE BIDDING PLATFORM, THE FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT.
KAUFMAN REALTY & AUCTIONS
(888) 852-4111 www.kaufmanrealty.com
10% Buyers Premium added to the final bid price to determine the contract price.<br>
10% Non-refundable down payment made at the auction or wired into the Kaufman Realty & Auctions Trust Account within 24 hours of the completion of the auction if purchased online, via phone, or absentee bid. If auction is held onsite, onsite buyers are required to provide the funds following the auction.<br>
Online, phone and absentee buyers must execute the contracts and disclosures and return them to Kaufman Realty & Auctions within 24 hours of the end of the auction. Email and faxed copies are acceptable.<br>
No financing contingencies, in bidding either live, online, via phone or by absentee bid the potential buyer is stating they will have funds to close in the allotted amount of time. Time is of the essence in all closings.<br>
Down payment is refundable in the event the seller is unable to deliver a Limited Warranty Oil & Gas Mineral Deed and Title that parallels the terms of the lease and any title available for the potential buyers review prior to the auction.<br>
Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed.<br>
Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts.<br>
Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase, prior to bidding.<br>
Oil and gas rights represented as Held By Production ( HBP ) will be conveyed by a limited warranty deed. Any claims buyer may have for breach of warranty must be brought within 12 months of closing, and buyer s sole remedy shall be recission of the contract<br>
Oil and gas rights represented as not HBP will be conveyed by a limited warranty deed. Any claims buyer may have for breach of warranty must be brought within 24 months of closing, and buyer s sole remedy shall be recission of the contract. <br>
In the event Kaufman Realty & Auctions becomes aware of information about the Property, the disclosure of which is likely to affect the final sales price at the auction after bidding has opened on the website, (the 'Material Facts'), Kaufman Realty & Auctions reserves the right, at its sole discretion, to remove, delete, cancel, reject and/or nullify any or all bids entered before bidders were made aware of the Material Facts. Kaufman Realty & Auctions also reserves the right to determine, at its sole discretion, what constitutes a Material Fact. Owner hereby consents to Kaufman Realty & Auctions rights described in this paragraph and Kaufman Realty & Auctions shall not be liable for any loss or damages claimed with respect to the publication of Material Facts and/or removal, deletion, cancellation, rejection and nullification of bids impacted by such Material Facts.<br>
Parcel numbers are provided as a reference to locate the surface location . The sale includes Oil & Gas Minerals Only--NO SURFACE UNLESS OTHERWISE INDICATED.<br>
BIDDING IS ON A PER ACRE BASIS AND IS ROUNDED TO CLOSEST WHOLE ACRE ON THE BIDDING PLATFORM, THE FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT