320 acres CRP, grass with gas

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LEGAL DESCRIPTION: S/2 of 21-22-41 CR M

LOCATION: From the intersection of Hwys 27 and 50 at Syracuse, Kansas, go 10 miles South to CR 10, 3 miles West to CR M and ½ mile South to the NE corner of the property. SIGNS ARE POSTED!! MINERAL RIGHTS: All of the Seller’s interest in the mineral rights and gas production will transfer to the Buyer at closing. POSSESSION: Date of closing. CRP INFORMATION: ●There are 287.8 acres currently enrolled in the CRP program through 9/30/2017 at $32.35 per acre for a total annual payment of $9,310. ●Buyer will receive 82% share of the 2013 CRP payment which will accrue from October 1, 2012, through September 30, 2013. REAL ESTATE TAXES: Seller will pay taxes for all of 2012 and prior years. Taxes for 2013 will be prorated to the date of closing. (2012 taxes = $543.28)

CR 10

27

PRICE: $320,000 Statements, while not guaranteed, are from reliable sources.

1422

1580 1578

1578

SYRACUSE

YEAR

TOTAL ANNUAL PRODUCTION (Mcf)

2013 YTD thru March

3,987

2012

12,702

2011

12,631

2010

13,033

SOILS TYPE LEGEND: 1578 – Colby silt loam – 1 - 3% 1580 – Colby silt loam – 5 - 15% 1422– Goshen silt loam

www.farmandranchrealty.com

STEVE HAZLETT, Listing Agent 785-443-3110 – (Cell) 1420 W. 4th • Colby, KS 67701

Toll Free: 1-800-247-7863 DONALD L. HAZLETT, BROKER “When you list with Farm & Ranch, it’s as good as SOLD!”