Mineral Rights Distribution Bankruptcy Auction

BANKRUPTCY - NO BUYER'S PREMIUM
SALE SUBJECT TO TRUSTEE APPROVAL.

Featuring: 15% Mineral Rights Distribution; The debtor’s right, title, and
interest of the grantor in and to all of the oil, gas, hydrocarbons and other minerals in and under that may be produced from the following lands in the County of Weld and State of Colorado, to wit: Township 7 North, Range 65 West, 6th P.M. Section 9: The West 146 acres of the NW4.
According to Land Energy, Inc.; 
Producer: Nickelroad Operating, LLC. 
Status: Currently Producing
Well Name: Elder#5X-HNB-09-07-65
Currently 1 Well: Started Operating in February of 2020.
The unit itself covers section 9 & 10. However, there are 22 wells that have not yet been drilled on this land and permits have been obtained for all of them.

BIDDING ENDS: Wednesday, February 15, 2023 starting at 12:30PM
ADDRESS: 4753 E. Falcon Drive, Suite 1, Mesa, AZ 85215
PAYMENT: Wire (add $25), Direct Deposit, Cashier's Check or Certified funds only.
We do not accept personal checks or credit cards as a final payment.
SOLD AS IS/ WHERE IS. ALL DUE DILIGENCE IS THE RESPONSIBILITY OF THE BUYER.
PREVIEW STRONGLY RECOMMENDED.
PAYMENT: $100 Document Fee. Thursday, February 16, 2023 and Friday, February 17, 2023 - (9AM-4PM)
ONLINE BIDDING SUPPORT: info@cunninghamauctions.com
**PLEASE READ FULL TERMS & CONDITIONS BEFORE BIDDING*


 
  •   Feb 4 @ 12:00pm MST (Start)
  •   Feb 15 @ 12:30pm MST (End)
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BANKRUPTCY - NO BUYER'S PREMIUM
SALE SUBJECT TO TRUSTEE APPROVAL

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This auction is online only, there will be no live auction.
This auction has an auto extend feature. If a bid is placed in the last 3 minutes of the auction, the item will auto extend for 60 seconds.
BIDDING ENDS: Wednesday, February 15, 2023 starting at 12:30PM
ADDRESS: 4753 E. Falcon Drive, Suite 1, Mesa, AZ 85215
PAYMENT: Wire (add $25), Direct Deposit, Cashier's Check or Certified funds only.
We do not accept personal checks or credit cards as a final payment.
SOLD AS IS/ WHERE IS.
PREVIEW STRONGLY RECOMMENDED.
PAYMENT: $100 Document Fee. Thursday, February 16, 2023 and Friday, February 17, 2023 - (9AM-4PM)
ONLINE BIDDING SUPPORT: info@cunninghamauctions.com

By placing a bid and participating in this auction, you agree to the following Terms and Conditions.

DEPOSIT: Your credit card will be used to verify a credit limit sufficient to cover the required deposit amount of $200.00. If you are the high bidder and you fail to satisfy the terms and conditions of this auction, Cunningham and Associates, Inc. will be authorized to charge your card for the invoice amount and any fees incurred.

PAYMENT AND PICKUP:  All items require PAYMENT-IN-FULL and an authorized receipt prior to removal. Items should be removed from the premises by 4:00 PM the second business day following the auction unless otherwise noted. Removal shall be at the expense, liability and risk of the purchaser. Cunningham and Associates, Inc. provides assistance in finding your assets for load-out. C&A associates may help you load your assets although it is YOUR responsibility to bring your own assistance to load-out the items you have purchased. It is a courtesy to help you load out, only if time permits. Cash, Cashier's Check or certified funds ($25 wire transfer fee) are accepted. We do not accept credit cards as final payment.

DEFAULT: In default, the second highest bidder may be given the option to become the successful bidder at his/her last bid, at the auctioneer's discretion. The bidder in default will be responsible for the difference in the bids, or the entire amount of his/her bid should the second highest bidder not take the option to become the successful bidder. The default bidder will also forfeit his/her deposit and is also liable for all legal and collection fees.

SALES TAX: Unless an Arizona tax resale license is provided at time of payment, the purchaser will be required to pay the combined applicable state and city tax.

NO WARRANTY: There is no warranty relating to title, possession, quiet enjoyment or the like in this disposition. Everything in this auction is being sold "AS IS - WHERE IS" to the highest bidder, without warranty or guarantee of any kind. ALL SALES ARE FINAL. Cunningham & Associates, Inc. is not responsible for missing or broken items after the auction has ended. ABSOLUTELY NO REFUNDS.

CONDITION OF ITEMS SOLD: The auctioneer shall not be responsible for the correct description, authenticity of, or defect in any lot, and makes no warranty in connection therewith. No allowance will be made or sale set aside on account of any incorrectness, error in cataloging or any imperfection not noted. No deduction will be allowed on damaged articles as all goods being exposed for public exhibition are sold "AS IS" and without recourse.

SALES LIST: The sales list is furnished by the auctioneer as a guide only. No guarantee as to the accuracy or description is made. Deletions and additions may take place.

NOTE: Even if items are paid in full, they may be deemed abandoned at the auctioneer's discretion at 4:00PM the second business day following the auction, and become the property of Cunningham & Associates, Inc. OR at the auctioneer's discretion, a $15.00 storage fee per lot will be charged per day if the items are not picked up by the second business day following the auction. Storage fees must be paid prior to removal of the items.

SHIPPING: Bidders are responsible for the shipping of all items purchased.

PERSONAL AND PROPERTY RISK: Persons attending the auction preview, during exhibition, or at the time of removal of purchases all risks of damage of or loss to person or property and specifically release the auctioneer from liability therefor. Neither the auctioneer nor his principal(s) shall be liable by reason of any defect in, or condition of, the premises at which the preview or sale is held.

DISPUTE BETWEEN BIDDERS: If any dispute between bidders occur, the auctioneer may decide to put the lot up for sale again. The auctioneer’s decision is final and absolute.

THE BIDDER MUST UNDERSTAND WHAT HE/SHE IS BIDDING ON AND HOW IT IS BEING SOLD. NO REFUNDS.

ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer reserves the right to withdraw from the sale any property listed and also to add property not listed to the sale. The auctioneer reserves the right to sell the property listed in bulk.

RECORD: The record of sale that is kept by the auctioneer or his clerk will be taken as final word in the event of a dispute.