135 Acres of rolling land in Muskingum County, Blue Rock TWP. All mineral rights transfer to buyer. Shallow oil/gas rights are only leased to the Berea sand formation and are held by production by several producing Berea Wells. Annual royalties from this lease are averaging $3500 per year to landowner. This lease also includes free gas use to a dwelling on the property. Deep Oil/Gas rights (Berea formation and below) are leased to Anadarko until May, 22 2014 with no rights for Anadarko to renew without further negotiating with the landowner. This deep lease also pays the landowner $2940 per year for delay rental. The surface estate is very easy walking pasture and hardwoods with some marketable timber. There is a 1 1/2 acre stocked pond on the property! The land has good road frontage on 2 roads for any future splits and easy access. The original home and barn are still on the property a...
135 Acres of rolling land in Muskingum County, Blue Rock TWP. All mineral rights transfer to buyer. Shallow oil/gas rights are only leased to the Berea sand formation and are held by production by several producing Berea Wells. Annual royalties from this lease are averaging $3500 per year to landowner. This lease also includes free gas use to a dwelling on the property. Deep Oil/Gas rights (Berea formation and below) are leased to Anadarko until May, 22 2014 with no rights for Anadarko to renew without further negotiating with the landowner. This deep lease also pays the landowner $2940 per year for delay rental. The surface estate is very easy walking pasture and hardwoods with some marketable timber. There is a 1 1/2 acre stocked pond on the property! The land has good road frontage on 2 roads for any future splits and easy access. The original home and barn are still on the property and both could use some fixing up. The house could make a good hunting cabin with a little TLC. If you have been looking for a mineral investment, a place to start farming or just looking for good hunting land, this is a property to have a look at. Annual taxes are approximately $3065. More pictures and video coming soon.
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