Specifications include, but are not limited to: Oil and gas lease with regards to the following property described below: 1.1.1. General Item description: The legal description is: 1.1.2. E/2 NE/4; Lot 1 (34.69 acres) (NW/4 NW/4) & N/2 NE/4 NW/4; N/2 N/2 SE/4 & SE/4 NE/4 SW/4 & E/2 SE/4 SW/4 & NW/4 SE/4 SW/4; S/2 N/2 SE/4 & N/2 SW/4 SE/4 & SE/4 SE/4, Section 31-8N-3W, McClain County, Oklahoma, containing 314.69 Gross Acres, more or less. 1.1.3. OU owns 1.692908 net mineral acres under the above-described tract. 1.1.4. Title is held by: The Board of Regents of The University of Oklahoma a Public Body Corporation. 1.1.5. The address of the party nominating these parcels for lease is: Native Exploration Operating, LLC, P.O. Box 720190, Norman, OK 73070. 1.1.6. THE UNIVERSITY OF OKLAHOMA IS A STATE AGENCY AND AS SUCH ITS MINERALS CANNOT BE FORCE POOLED WITHOUT UNIVERSITY PERMISSION. 1.1.7. Agreement: The successful bidder shall be required to enter into a separate Surface Damage Agreement with OU unless OU is not a surface property owner.
