Gas Producing Property

Event Details

Gas Producing Property

Time: May 5, 2012 from 12pm to 12pm
Location: Troy Fire Dept. Conference Hall
Street: 88 Firehouse Drive
City/Town: Troy
Website or Map: http://www.jelliffauctiongrou…
Phone: 570-835-4214
Event Type: live, auction
Organized By: Randy Jelliff
Latest Activity: Apr 6, 2012

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Event Description

LIVE AUCTION

Log Home & Farmette

Gas Producing Property

SATURDAY, MAY 5 ● NOON

 

 Auction Location: Troy Fire Dept. Conference Hall, 88 Fire House Dr., Troy, PA 16947

 

PROPERTY PREVIEWS:  Saturdays, April 21 & 28 ● 10 am - 2 pm; Sundays, April 22 & 29 ● 10 am - 2 pm

Friday, May 4 ● Noon- 4 pm

 

Parcel #1

• Private 45 acre farmette unitized into two horizontal gas well units

• Land is a balance of pasture and woods

• Cozy eight-room log home with 6-year-old roof, home was built in 1985

• Two-story wood frame barn with hayloft and two horse stalls

• Detached two-car garage

• Both wells are producing, paying royalties and presently working at only minimal capacity

• One of the two wells is capable of quadrupling in production

• All oil, gas, carbon and subsurface rights, with paying gas lease, convey

• Wells owned by Tailsman Energy of Alberta, Canada

• Solid investment opportunity

• True numbers from royalty payments available to qualified  parties

• No well pads on property

 

Parcel #2

This commercial building on 8.5 acres lies along Rte. 549 in the village of Daggett in Tioga County. The 4,500-square-foot structure is currently used as an auto service garage. The property has a trout stream and a pond. A portion of this parcel is in a gas well production unit that has not gone online as of yet.

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