Dreyfoos, TX 79014 - Hemphill County

This is for minerals rights only; NO SURFACE RIGHTS!

5% Buyer's Agent Commission.

This is a rare opportunity to purchase 54.305 net mineral acres in the western Anadarko Basin. With only one horizontal, and most sections held by nominally economic Morrow production, this position has huge upside.

All sections are HBP. 2020 income was ~$1,184.27. Operators are Apache, Maverick, Presidio & GBK. Checks are available upon request.

H&TC Survey, Section 1, Block 43, Hemphill County, Texas, containing 649.5 acres more or less (12.2 NMA)

H&TC Survey, Section 2, Block 43, Hemphill County, Texas, containing 645.6 acres more or less (12.105 NMA)

H&TC Survey, S/2 of Section 44, Block 42, Hemphill County, Texas, containing 320.0 acres more or less (6.0 NMA)

H&TC Survey, Section 45, Block 42, Hemphill County, Texas, containing 640.0 acres more or less (12.0 NMA)

H&TC Survey, Section 49, Block 42, Hemphill County, Texas, containing 640.0 acres more or less (12.0 NMA)

The mineral rights are owned by Panola Holdings LLC. Vesting Deed at Doc# 1072957 (see images above). Plus Ownership Reports for all 5 Sections from Forward Land LLC.

Note: We initially acquired this position in 2015, and since then 90% of the interest, owned by Payday Holdings LLC, has been sold. The original position was 543.05 net mineral acres. If a buyer wanted a larger position, a combined 271.935 net mineral acres located in Sections 1, 2 and 44 may be available at the right price.