Stan Urfer – Seller

Oilfield Auction


We will be selling 4+/- acres with a 46′ x 64′ pole building. Oilfield equipment, tractors, and tillage equipment will also be sold. Working Interest in Lease will also be sold! 

Add to your oil production business today!

LIVE OFF-SITE AUCTION WITH ONLINE BIDDING
Began: 02/18/20 at 4:00 PM CST
Ended: 02/18/20 at 4:01 PM CST
Auction Location: 101 S. Jackson, Newton, IL 62448
Property Location: 101 S. Jackson, Newton, IL 62448

SELLAFARM

Your Team on the Ground

Jasper County Land & Oil Lease Auction

 

4+/- Acres, Working Interest in 2 Oil Wells, Oilfield Equipment & More! 

Land / Lease / Equipment Location: 3 Miles South of Route 33 & Route 49 Intersection

8252 N. 1900th Street, Willow Hill, IL 62480

 

!~ ONLINE ONLY AUCTION ~!

Bidding Soft Closes 4 PM Central Tuesday, February 18th, 2020

 

BID ONLINE PRIOR OR DURING SOFT CLOSE

 

YOU ARE INVITED TO OUR NEWTON OFFICE, NW CORNER OF SQUARE TO BID LIVE OR ONLINE DURING SOFT CLOSE.

 

Tract 1 – 4+/- Acres with 46′ x 64′ Building, Excellent Building Site

Municipal Water at Roadside, Electricity at Roadside as Well.

Access: Direct Access to Co. Highway 9 – The Sainte Marie Road, A Quality Hard-surface, All Weather Road, Leads North to Route 33 & Route 49, Leads South to Route 50. Entrance already installed.


Estimated R.E. Taxes: $820, ID# 95-15-07-300-009. Seller to pay prorated taxes to date of closing.

 

TANK BATTERY NOT INCLUDED.

 

 

Tract 2 – Working Interest in 2 Oil Wells

The Yockey -Ochs- Urfer Lease #123916

 

2 Producing Wells, Both having .82031250 Working Interest and will include the Equipment At Both wells!

 

Gross Income from 10/2014 to 10-2019: $44,888.26

 

 

EQUIPMENT DESCRIPTIONS

MOST OF LISTED EQUIPMENT IS IN NEED OF REPAIR

 

1) NATIONAL PUMP JACK ON BASE

2) ALTON PUMP JACK ON BASE

3) STEEL 210 BARREL TANK

4) STEEL 210 BARREL TANK

5) STEEL 165 BARREL TANK

6) STEEL 165 BARREL TANK

7) BLACK PLASTIC 65 BARREL TANK- GOOD

8) WHITE PLASTIC 65 BARREL TANK- GOOD

9) STEEL BOOT SEPERATOR

10) INJECTION PUMP ON BASE – NEEDS REBUILT

11) 200 FEET OF PVC PIPE (NOT PICTURED)

12) FORD 7400 WF TRACTOR – NEEDS PAINT

13) INTERNATIONAL 13’6” DISC/CHISEL

 

R.E. Possession: Possession date of closing.

 

Survey: Any survey cost to be paid by the buyer(s). Any acreage difference greater than half (½) acre plus or minus from the advertised acreage discovered in the survey will be reflected in price adjustment based upon original bid price per acre & original buyer’s premium per acre.

 

R.E. Terms: 10% down day of sale non-refundable escrow. 10% Buyer’s Premium. Closing to occur as soon as necessary documents are prepared, Plan to close within 45 days. Have financial arrangements made prior to sale. All information provided is from sources deemed reliable however not guaranteed. Parties relying on such are urged to perform due diligence and base their decisions upon that information. Being sold subject to owner confirmation. Announcements made from podium day of auction take precedence over any previous information.

 

Personal Property Terms: Exact Cash only (no change will be given), Check, Visa & MasterCard on purchases to be picked up. 14% Buyer’s Premium on all items sold (4% discount will be given if payment is made by cash or good check). ALL items being sold subject to owner confirmation.

 

YOU ARE INVTED TO OUR NEWTON OFFICE, NW CORNER OF THE SQUARE,

TO BID LIVE OR ONLINE DURING SOFT CLOSE.

 

CALL GREGG PARROTT 618-843-4905 OR NEWTON OFFICE 618-783-0000 FOR INFORMATION AND & INSPEC- TION.

 

RED HILL ENTERPRISES – OWNER.

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