Real Estate
Nm State Land Leases
SQ-006 · 320 acres in Chaves County
Competitive sealed-bid lease of state trust land oil and gas rights covering 320 acres in Chaves County. Tract SQ-006: S2, Section 25, Township 14S, Range 29E (320 acres, more or less). Minimum acceptable bid $100,000; primary rental $1.00 per acre. Lease issued on the section 19-10-4.3 nmsa 1978, development lease form, 5-year term, 1/5 royalty. State Land Office tract rating 90%. Online sealed…
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