Newspaper article THE JOURNAL RECORD

Miscellaneous

Newspaper article THE JOURNAL RECORD

Miscellaneous

Article excerpt

(98761)

NOTICE OF SALE OF OIL AND GAS LEASE

OPA #1427

By sealed bids to be opened at 2:00 PM, Wednesday, June 3rd, 1987. Office of Public Affairs, Construction & Properties Division, 50 N.E. 23rd Street, Oklahoma City, OK 73105.

THE OFFICE OF PUBLIC AFFAIRS of the State of Oklahoma invites bids for Oil and Gas Lease/s on all the State's interest in the following tracts of land located: Oklahoma County.

Tract. Description

1. All of Block Three (3) Plan View Second Addition to Oklahoma City.

Bids must be typewritten or in ink and enclosed in one sealed envelope notation on the outside front face of the envelope: Bids For Oil and Gas Leases OPA #1427. Date of sale must also be shown on the envelope. All bids must be in the Construction and Properties Division of the Office of Public Affairs, 50 N.E. 23rd Street, Oklahoma City, Oklahoma, 73105, no later than the time specified above and all bids received prior to that time will be publicly opened and read. Leases will thereafter be awarded to the highest bidder, If Acceptable.

TERMS OF SALE These leases are being offered for sale under the provisions of Title 74, Section 97, Oklahoma Statutes, Supp. 1983. Leases will be on forms prescribed by the Office of Public Affairs and shall provide for royalties of three sixteenths (3/16) of the oil, gas, or distillate produced therefrom and shall be for a term of three (3) years and as long thereafter as oil and/or gas is found in paying quantities. Said lease forms are on file in the Construction and Properties Division of the Office of Public Affairs and may be inspected by any person interested in bidding thereon at any time during regular office hours. …

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