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261826 E 840 rd - Lehman Property
1 Acre of Commercial Land Offered at $12,444 CAD in Watonga, OK 73772
Investment Highlights
- Thirty-Seven (37.5) acres of income-producing mineral royalties with no operational costs or liabilities for the owner.
- Opportunities for future well development on untapped locations, offering additional growth in both property value and income.
- Current wells generating a monthly royalty income, with new wells anticipated in the near future.
- All expenses and liabilities in the field are covered by a billion-dollar oil and gas company.
Executive Summary
Mineral Royalties Group is offering an exceptional opportunity in the Lehman Property, located in the heart of Oklahoma’s STACK play within the prolific Anadarko Basin. This property encompasses 640 gross mineral acres (1 square mile) in Blaine County, renowned as one of the most productive oil zones in the area. Mineral Royalties Group was able to secure 37.5 acres in this highly sought-after property, offering a rare chance to own a premium asset.
Key Highlights:
• Established Income: Steady royalties from five producing wells, 37.5 acres generating $5,472 in Net revenue in September 2024 (~$145 Net Revenue per acre).
• Prime Location: Positioned in 15N-11W, a premier area within the STACK play known for high oil production (90% oil, including NGLs, and 10% natural gas).
• Future Potential: High-priority zone for additional drilling, with significant upside for increased property value.
• Best-of-Class Operators: Developed by Cimarex Energy (now part of Coterra Energy), with the possibility of several offset wells in the near future.
This property offers immediate cash flow with substantial long-term growth potential, making it an attractive opportunity for people seeking reliable income and exposure to the energy sector. This property is sold in one (1) acre increments.
Contact us today to learn more about this rare opportunity.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $12,444 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $12,444 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.00 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $12,444 CAD | Lot Size | 1.00 AC |
| Price Per AC | $12,444 CAD |
| Price | $12,444 CAD |
| Price Per AC | $12,444 CAD |
| Lot Size | 1.00 AC |
The property has 5 producing oil wells. 1 well began producing & generating a monthly income in Aug 2016. 4 new wells began producing & generating a monthly royalty income in August 2016 with many more locations available for further development.
Description
The Lehman Property is located in the heart of Oklahoma’s STACK play within the prolific Anadarko Basin. This property encompasses 640 gross mineral acres (1 square mile) in Blaine County, renowned as one of the most productive oil zones in the area. Mineral Royalties Group was able to secure 37.5 acres, sold in one (1) acre increments, in this highly sought-after property, offering a rare chance to own a premium asset. Key Highlights: • Established Income: Steady royalties from five producing wells, generating $5,472 in Net revenue in September 2024 (~$145 Net Revenue per acre). • Prime Location: Positioned in 15N-11W, a premier area within the STACK play known for high oil production (90% oil, including NGLs, and 10% natural gas). • Future Potential: High-priority zone for additional drilling, with significant upside for increased property value. • Best-of-Class Operators: Developed by Cimarex Energy (now part of Coterra Energy), with the possibility of several offset wells in the near future. This property offers immediate cash flow with substantial long-term growth potential, making it an attractive opportunity for people seeking reliable income and exposure to the energy sector. Contact us today to learn more about this rare opportunity.
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261826 E 840 rd - Lehman Property
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