***Bidding will begin online on Tuesday, April 25th.***

Live Auction will begin Tuesday, May 2nd at 6:00 PM.

There is NO Buyer's Premium. 

The live auction will be held at the following:
Gene Francis & Associates
12140 W K42 Hwy
Wichita, KS

Online bidding is available throughout the auction. 

LEGAL DESCRIPTION Mineral rights related to the following legal description. SW1/4 except a tract of Section 2, Township 28, Range 5 West in Kingman County, KS (full legal to be provided by title company).

LOCATION Located 3 miles west of Cheney, KS on 31st St S/SE 10 St.

DESCRIPTION Minerals will be auctioned separately from the land. March 2023 production was the following. ~4 barrels of oil per day.

TERMS $10,000 down as earnest money due day of auction with balance due on or before
June 1, 2023. The Buyer and Seller shall split equally in the cost of the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Property sells in “as is” condition. Gene Francis & Associates is an agent of the Seller. Property is being sold in conjunction with Gavel Roads Online Auctions.