Real Estate / Sullivan Township / Tioga County, PA
174+ ACRES including OIL, GAS & MINERAL RIGHTS sold at $3,500 or more PER ACRE
Mountain Ridge Road
Wooded and Level
* Leased to Shell
* Marcellus + Utica Shales
* Stacked Play
* El Paso-Tennessee Pipeline Traverses Property
* 50 +/- Acres Unitized
* Close to Tioga State Forest (164,975 Acres)
* 2% Realtor Participation Invited
Saturday, June 16, 2012 @ 2:00 PM
To be held on site @ Mountain Ridge Road / Mainesburg, PA 16932
From Sylvania, 3.9 miles west of Troy on Route 6, turn left onto Mountain Avenue and go 2.8 miles.
Turn right onto Cleveland/Mountain Ridge Road and go 2.1 miles.
See sign and access on left.
Real Estate Information:
Owner: Frontier Forest Company, Inc. (care of Gary R. Cummings)
Address: Mountain Ridge Road
Mainesburg, PA 16932
Munincipality: Sullivan Township
Zoning: No Zoning
School District: Southern Tioga
Parcel # 33/06.00/237A/000
Deed Book # 664 Pages 817-828
Approximate Parcel Size: 174.476 Acres
Approximate 2012 Taxes: $3,388
Property is not currently enrolled in the Clean and Green program.
Subdivision Map is Instrument No. 201101628 Tioga County Courthouse.
An "Option Agreement For Wind Energy Lease" is in effect until June 3, 2013 and can be viewed online at Roaninc.com
Property is mostly wooded and has Black Cherry, Soft and Hard Maple, Beech, White Pine and Hemlock trees.
A 26" Natural Gas El Paso/Tennessee Pipeline traverses property. A new second 30" Natural Gas pipeline is scheduled to be added in June, 2012.
Oil, Gas and Mineral rights are currently leased to Shell Appalachia. Lease can be viewed online at Roaninc.com and is filed in Tioga County Deed Book No. 767 Pages 1741-1745.
Approximately 50 acres is currently unitized in the Seymour, D., No. 599 Unit. The Declaration of Pooling and Unitization can be viewed online at Roaninc.com and is filed in Tioga County as Instrument No. 201012190 Pages 1-5.
Please visit www.roaninc.com or www.auctionzip.com for photos & a listing
* For Real Estate inquiries, please contact Michael T. Roan @ (570) 419-0380. *
Terms: To be sold at $3,500 or more per acre and with owner's immediate confirmation if less.
Cashier's or certified check written to Roan, Inc. or cash in the amount of $60,000 required at time of auction as down payement.
10% Buyer's Premium Charged, to be paid by purchaser as part of the purchase price.
Settlement made 30 days from sale date upon delivery of clear deed.
Auctioneers & Appraisers - http://www.roaninc.com - AU-000777-L / AY-000087-L
3530 Lycoming Creek Road - Cogan Station, PA 17728 - (570) 494-0170 - (800) 955-ROAN