SHALLOW SAND ACQUISTION OPPORTUNITY Corsicana, Texas (150K Op or 50K Non-Op)

Lease Descriptions
Blackburn Lease

Lease from James M. Blackburn, as Lessor, to the Trustees of Magnolia Petroleum Company, as Lessee, dated May 29, 1918, and recorded in Volume 207, Page 248 of the Deed Records of Navarro County, Texas.

The lease covers 125.78 acres, more or less, representing all of a 175.78-acre tract, more or less, described in the lease, except for a 50-acre tract previously released by Magnolia Petroleum Company.

The release is dated December 22, 1926, and recorded in Volume 318, Page 55 of the Deed Records of Navarro County, Texas.

The lease applies from the surface of the land to a depth of 1,500 feet.

McKinney Lease

Lease from Mrs. Bertha McKinney, et vir., as Lessors, to Coffield & Guthrie, Inc., as Lessee, dated January 1, 1952, and recorded in Volume 531, Page 541 of the Deed Records of Navarro County, Texas.

The lease covers 350.4 acres, more or less, located in the W. R. Bowen Survey and the John O’Donnell Survey, Navarro County, Texas.