Texas | Mertzon | 1280

Location: The ranch location is on RM highway 2469 approximately 7.5 miles west of Mertzon, Texas. There is one mile of highway frontage.
Terrain: This gently sloping to low rolling hills ranch has a cover of juniper and mesquite trees. These 2 sections lay a checkerboard fashion, corner to corner, and not all boundaries are completely fenced.
Water: There is one, water well with disconnected windmill and pump. At this time it is not operating.
Minerals: Sellers will convey all minerals and the existing production. There is significant royalty income at present. There is also a gas compressor station lease. Production data can be obtained upon request. This ranch, with its producing minerals lies in the active Sprayberry trend area of Irion County Texas. Even with lower oil prices, activity in this area continues to be good and ongoing. There is 480 acres of this offering that is open for lease and development according to the owners.
Comments: Surface plus all minerals with production, difficult to find in this mineral rich area.
Disclaimer: The information contained herein is compiled from sources believed to be accurate, but no warranties or representation as to its accuracy are made by Lee, Lee, & Puckitt Associates, Inc. For more information call 325-655-6989