Ancient oil and gas leases with land claim Start Price USD 8,000,000.00 Current Price USD 8,000,000.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Tuesday, November 04, 2008 End Time Thursday, December 04, 2008 Location MArgate, Kent See more about 'Ancient oil and gas leases with land claim' Description  This is a chance to purchase oil and gas rights with an ancient land claim in the Huntington Beach Oil Field area. The owner is eager to sell to a US citizen or other individual who is prepared to undertake the legal work to make the most of this complex situation, as they are unable to. The land claim comes from a Full Fee Simple Title and the oil and gas leases need to be updated from their current WWII state, when they where changed by a federal ruling to help the war effort. The potential value of the land and leases is far in excess of the asking price. Will answer any questions you may have about property or leases. Place a Bid!