159 +/- Acres Crop/Grassland    * Major County

120+/- Undivided Producing Mineral Acres  * Lots/Minerals in Aline, OK

AUCTION

Friday   *    April 20, 2012    *    10:00 A.M.

Auction Location:  Aline Senior Center, 412 Main St., Aline, OK

Directions to Property: 3 Miles West of HW/8 on Aline blacktop, 3 Miles South, & ½ Mile West

[nggallery id=49]

 Land:  Northwest Quarter (NW/4)  of Section Twenty-One(21), Township Twenty-three(23) North, Range Twelve(12)W.I.M., Major County, OK containing approx. 159+/- acres(Surface Only)  The farm consists of plains blue stem, gamma, buffalo grasses for grazing.  Plum thickets & scattered cottonwood, cedar, elm & locust trees make good coverage for quail, turkey, & deer.  The farm has  4&5 wire perimeter fences, cross fences & a windmill.  Soil types are Devol sandy loam & Eda loamy fine sand.  FSA info:  approx 58.9 acres cropland, 58.8 acre wheat base, 39 bushel per acre average yield.  2011 taxes were $192.59.

[nggallery id=53]

[nggallery id=54]

Minerals: 3/4 Undivided Mineral Acres (approx 120)  will be sold separately. There is a producing well, Wichert 1-21.  Chesapeake Operating, Inc. is the operator.  Royalty Income on the 120 undivided acres from June 2009 thru October 2011 was $6,211.74.  Royalty Interest: .03515625  Production Zone:  Mississippian-Oswego  Spacing: 640

[nggallery id=50]

Aline Lots: Lots 2 thru 9 & Lots 16 thru 24, Block 54; Lots 1 thru 6 & Lots 17 thru 24, Block 41 all in original town of Aline, Alfalfa County, OK.  These lots are currently planted to wheat & are located South of Aline Elevator.  2011 taxes were $25.86

[nggallery id=51]

Lots 21 thru 24, Block 42 original town of Aline, Alfalfa County, OK. 2011 taxes were $14.41.

[nggallery id=52]

Minerals: ¾ Undivided Mineral Interest for the above lots in Aline, OK will be sold separately after the lots sell.

Terms:  10% down day of auction w/balance due on delivery of merchantable title.  All info is taken from sources believed to be reliable; however no guarantee is made by the auction co. or its employers.  Buyers should satisfy themselves as to the size, condition, mineral & surface acres, boundaries, oil & gas leases, oilfield, electric, pipeline, & other easements prior to auction day.  Any announcements made the day of the auction supersede all advertising. Taxes:  2012  prorated to closing. Minerals: Title will transfer by quit claim mineral deed. Possession: Upon payment of purchase price & transfer of title, subject to existing agricultural lease ending July 1, 2012, or when crop is harvested.

 Contact: Gary Robison 405-880-1470, for info & pictures visit  wwwrobisonauctions.com.

Sellers:  Lawrence & Pauline Barrows Estate